Document:

Credit Agreement, dated as of August 2, 2010

 Exhibit 10.1 
 EXECUTION VERSION 
  

 
  

CREDIT AGREEMENT 
 dated as of August 2, 2010 
 Among 

FORUM ENERGY TECHNOLOGIES, INC. 
 as Borrower, 
 WELLS FARGO BANK, NATIONAL ASSOCIATION 

as Administrative Agent and Swing Line Lender, 
 WELLS FARGO BANK, NATIONAL ASSOCIATION, JPMORGAN CHASE BANK, N.A. AND 

BANK OF AMERICA, N.A. AND SUCH OTHER LENDERS DESIGNATED 
 FROM TIME TO TIME 
 as Issuing Lenders 

THE LENDERS NAMED HEREIN 
 as Lenders 
 $450,000,000 

 
  

 
 WELLS
FARGO SECURITIES, LLC, 
 J.P. MORGAN SECURITIES,
INC., AND 
 BANC OF AMERICA
SECURITIES LLC 
 AS CO-LEAD ARRANGERS
AND JOINT BOOKRUNNERS 
 JPMORGAN CHASE
BANK, N.A. AND BANK OF AMERICA, N.A. 

AS CO-SYNDICATION AGENTS 

CITIBANK, N.A., DEUTSCHE BANK SECURITIES, INC.,

 AND AMEGY BANK NATIONAL ASSOCIATION

 AS CO-DOCUMENTATION AGENTS 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
			
	 ARTICLE 1
	 	 DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	  
			
	 Section 1.1
	 	        Certain Defined Terms	  	 	1	  
			
	 Section 1.2
	 	        Computation of Time Periods	  	 	25	  
			
	 Section 1.3
	 	        Accounting Terms; Changes in GAAP	  	 	25	  
			
	 Section 1.4
	 	        Classes and Types of Advances	  	 	26	  
			
	 Section 1.5
	 	        Miscellaneous	  	 	26	  
			
	 Section 1.6
	 	        Foreign Currency	  	 	26	  
			
	 ARTICLE 2
	 	 CREDIT FACILITIES
	  	 	28	  
			
	 Section 2.1
	 	        Revolving Commitments	  	 	28	  
			
	 Section 2.2
	 	        Letters of Credit	  	 	30	  
			
	 Section 2.3
	 	        Swing Line Advances	  	 	36	  
			
	 Section 2.4
	 	        Advances	  	 	39	  
			
	 Section 2.5
	 	        Prepayments	  	 	41	  
			
	 Section 2.6
	 	        Repayment	  	 	42	  
			
	 Section 2.7
	 	        Fees	  	 	42	  
			
	 Section 2.8
	 	        Interest	  	 	43	  
			
	 Section 2.9
	 	        Illegality	  	 	44	  
			
	 Section 2.10
	 	        Breakage and Other Costs	  	 	44	  
			
	 Section 2.11
	 	        Increased Costs	  	 	45	  
			
	 Section 2.12
	 	        Payments and Computations	  	 	46	  
			
	 Section 2.13
	 	        Taxes	  	 	48	  
			
	 Section 2.14
	 	        Replacement of Lenders	  	 	50	  
			
	 Section 2.15
	 	        Increase in Commitments	  	 	51	  
			
	 Section 2.16
	 	        Payments and Deductions to a Defaulting Lender or Potential Defaulting Lender	  	 	52	  
			
	 ARTICLE 3
	 	 CONDITIONS OF LENDING
	  	 	54	  
			
	 Section 3.1
	 	        Conditions Precedent to Initial Borrowings and the Initial Letter of Credit	  	 	54	  
			
	 Section 3.2
	 	 Conditions Precedent to Each Borrowing and to Each Issuance, Extension or Renewal of a Letter of Credit
	  	 	58	  
			
	 Section 3.3
	 	        Determinations Under Sections 3.1 and 3.2	  	 	58	  
			
	 ARTICLE 4
	 	REPRESENTATIONS AND WARRANTIES	  	 	59	  
			
	 Section 4.1
	 	        Organization	  	 	59	  

  
 -i-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 Section 4.2
	 	        Authorization	  	 	59	  
			
	 Section 4.3
	 	        Enforceability	  	 	59	  
			
	 Section 4.4
	 	        Financial Condition	  	 	59	  
			
	 Section 4.5
	 	        Ownership and Liens; Real Property	  	 	60	  
			
	 Section 4.6
	 	        True and Complete Disclosure	  	 	60	  
			
	 Section 4.7
	 	        Litigation	  	 	60	  
			
	 Section 4.8
	 	        Compliance with Agreements	  	 	60	  
			
	 Section 4.9
	 	        Pension Plans	  	 	61	  
			
	 Section 4.10
	 	        Environmental Condition	  	 	61	  
			
	 Section 4.11
	 	        Subsidiaries	  	 	62	  
			
	 Section 4.12
	 	        Investment Company Act	  	 	62	  
			
	 Section 4.13
	 	        Taxes	  	 	62	  
			
	 Section 4.14
	 	        Permits, Licenses, etc	  	 	62	  
			
	 Section 4.15
	 	        Use of Proceeds	  	 	62	  
			
	 Section 4.16
	 	        Condition of Property; Casualties	  	 	62	  
			
	 Section 4.17
	 	        Insurance	  	 	63	  
			
	 Section 4.18
	 	        Security Interest	  	 	63	  
			
	 Section 4.19
	 	        OFAC	  	 	63	  
			
	 Section 4.20
	 	        Solvency	  	 	63	  
			
	 ARTICLE 5
	 	AFFIRMATIVE COVENANTS	  	 	63	  
			
	 Section 5.1
	 	        Organization	  	 	63	  
			
	 Section 5.2
	 	        Reporting	  	 	64	  
			
	 Section 5.3
	 	        Insurance	  	 	66	  
			
	 Section 5.4
	 	        Compliance with Laws	  	 	67	  
			
	 Section 5.5
	 	        Taxes	  	 	67	  
			
	 Section 5.6
	 	        [Reserved]	  	 	67	  
			
	 Section 5.7
	 	        Security	  	 	68	  
			
	 Section 5.8
	 	        Designations with Respect to Subsidiaries	  	 	68	  
			
	 Section 5.9
	 	        Records; Inspection	  	 	69	  
			
	 Section 5.10
	 	        Maintenance of Property	  	 	69	  
			
	 ARTICLE 6
	 	NEGATIVE COVENANTS	  	 	69	  
			
	 Section 6.1
	 	        Debt	  	 	69	  

  
 -ii-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 Section 6.2
	 	        Liens	  	 	71	  
			
	 Section 6.3
	 	        Investments	  	 	73	  
			
	 Section 6.4
	 	        Acquisitions	  	 	74	  
			
	 Section 6.5
	 	        Agreements Restricting Liens	  	 	74	  
			
	 Section 6.6
	 	        Use of Proceeds; Use of Letters of Credit	  	 	75	  
			
	 Section 6.7
	 	        Corporate Actions; Accounting Changes	  	 	75	  
			
	 Section 6.8
	 	        Disposition of Assets	  	 	76	  
			
	 Section 6.9
	 	        Restricted Payments	  	 	77	  
			
	 Section 6.10
	 	        Affiliate Transactions	  	 	78	  
			
	 Section 6.11
	 	        Line of Business	  	 	78	  
			
	 Section 6.12
	 	        Hazardous Materials	  	 	78	  
			
	 Section 6.13
	 	        Compliance with ERISA	  	 	79	  
			
	 Section 6.14
	 	        Sale and Leaseback Transactions	  	 	79	  
			
	 Section 6.15
	 	        [Reserved]	  	 	79	  
			
	 Section 6.16
	 	        Limitation on Hedging	  	 	79	  
			
	 Section 6.17
	 	        Total Capitalization Ratio	  	 	80	  
			
	 Section 6.18
	 	        Leverage Ratio	  	 	80	  
			
	 Section 6.19
	 	        Interest Coverage Ratio	  	 	80	  
			
	 Section 6.20
	 	        Capital Expenditures	  	 	80	  
			
	 Section 6.21
	 	        Non-Obligors	  	 	80	  
			
	 Section 6.22
	 	        Prepayment of Certain Debt	  	 	80	  
			
	 ARTICLE 7
	 	DEFAULT AND REMEDIES	  	 	81	  
			
	 Section 7.1
	 	        Events of Default	  	 	81	  
			
	 Section 7.2
	 	        Optional Acceleration of Maturity	  	 	82	  
			
	 Section 7.3
	 	        Automatic Acceleration of Maturity	  	 	83	  
			
	 Section 7.4
	 	        Right of Set-Off	  	 	83	  
			
	 Section 7.5
	 	        Remedies Cumulative, No Waiver	  	 	84	  
			
	 Section 7.6
	 	        Application of Payments	  	 	84	  
			
	 Section 7.7
	 	        Borrower’s Right to Cure	  	 	85	  
			
	 Section 7.8
	 	        Currency Conversion After Maturity	  	 	86	  
			
	 ARTICLE 8
	 	THE ADMINISTRATIVE AGENTS AND ISSUING LENDERS	  	 	86	  
			
	 Section 8.1
	 	        Appointment, Powers, and Immunities	  	 	86	  

  
 -iii-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 Section 8.2
	 	        Reliance by Administrative Agent	  	 	87	  
			
	 Section 8.3
	 	        Delegation of Duties	  	 	88	  
			
	 Section 8.4
	 	        Indemnification	  	 	88	  
			
	 Section 8.5
	 	        Non-Reliance on Administrative Agent and Other Lenders	  	 	89	  
			
	 Section 8.6
	 	        Resignation of Administrative Agent and Issuing Lenders	  	 	89	  
			
	 Section 8.7
	 	        Collateral Matters	  	 	90	  
			
	 Section 8.8
	 	        No Other Duties, Etc	  	 	91	  
			
	 ARTICLE 9
	 	MISCELLANEOUS	  	 	91	  
			
	 Section 9.1
	 	        Costs and Expenses	  	 	91	  
			
	 Section 9.2
	 	        Indemnification; Waiver of Damages	  	 	92	  
			
	 Section 9.3
	 	        Waivers and Amendments	  	 	94	  
			
	 Section 9.4
	 	        Severability	  	 	94	  
			
	 Section 9.5
	 	        Survival of Representations and Obligations	  	 	94	  
			
	 Section 9.6
	 	        Binding Effect	  	 	95	  
			
	 Section 9.7
	 	        Lender Assignments and Participations	  	 	95	  
			
	 Section 9.8
	 	        Confidentiality	  	 	96	  
			
	 Section 9.9
	 	        Notices, Etc	  	 	97	  
			
	 Section 9.10
	 	        Usury Not Intended	  	 	97	  
			
	 Section 9.11
	 	        Usury Recapture	  	 	98	  
			
	 Section 9.12
	 	        Judgment Currency	  	 	98	  
			
	 Section 9.13
	 	        Payments Set Aside	  	 	99	  
			
	 Section 9.14
	 	        Governing Law	  	 	99	  
			
	 Section 9.15
	 	        Submission to Jurisdiction	  	 	99	  
			
	 Section 9.16
	 	        Waiver of Venue	  	 	100	  
			
	 Section 9.17
	 	        Service of Process	  	 	100	  
			
	 Section 9.18
	 	        Execution in Counterparts	  	 	100	  
			
	 Section 9.19
	 	        Electronic Execution of Assignments	  	 	100	  
			
	 Section 9.20
	 	        Waiver of Jury	  	 	100	  
			
	 Section 9.21
	 	        USA Patriot Act	  	 	101	  
			
	 Section 9.22
	 	        Integration	  	 	101	  

  
 -iv-

			
	 EXHIBITS:
	  	
		
	 Exhibit A
	  	– Form of Assignment and Acceptance
	 Exhibit B
	  	– Form of Compliance Certificate
	 Exhibit C
	  	– Form of Guaranty
	 Exhibit D
	  	– Form of Notice of Borrowing
	 Exhibit E
	  	– Form of Notice of Continuation or Conversion
	 Exhibit F
	  	– Form of Revolving Note
	 Exhibit G
	  	– Form of Pledge and Security Agreement
	 Exhibit H
	  	– Form of Swing Line Note

 SCHEDULES: 
  

			
	 Schedule I
	  	– Pricing Schedule
	 Schedule II
	  	– Commitments, Contact Information
	 Schedule 1.1
	  	– Existing Letters of Credit
	 Schedule 4.1
	  	– Organizational Information
	 Schedule 4.10
	  	– Environmental Condition
	 Schedule 4.11
	  	– Subsidiaries
	 Schedule 5.8
	  	– Requirements for New Restricted Subsidiaries
	 Schedule 6.1
	  	– Permitted Debt
	 Schedule 6.2
	  	– Permitted Liens
	 Schedule 6.3
	  	– Permitted Investments
	 Schedule 6.10
	  	– Permitted Affiliate Transactions

 CREDIT AGREEMENT 

This CREDIT AGREEMENT dated as of August 2, 2010 (the “Agreement”) is among (a) Forum Energy Technologies,
Inc., a Delaware corporation (the “Borrower”), (b) the Lenders (as defined below), (c) the Issuing Lenders (as defined below), and (d) Wells Fargo Bank, National Association as a Swing Line Lender (as defined below),
and as Administrative Agent (as defined below) for the Lenders. 
 In consideration of the mutual covenants and agreements
herein contained, the parties hereto hereby agree as follows: 
 ARTICLE 1 

DEFINITIONS AND ACCOUNTING TERMS 
 Section 1.1 Certain Defined Terms. The following terms shall have the following meanings (unless otherwise indicated, such meanings to be equally applicable to both the singular and plural
forms of the terms defined): 
 “Acceptable Security Interest” means a security interest which (a) exists
in favor of the Administrative Agent for its benefit and the ratable benefit of the Secured Parties, (b) is superior to all other security interests (other than the Permitted Liens and other than as to Excluded Perfection Collateral),
(c) secures the Obligations, (d) is enforceable against the Credit Party which created such security interest and (e) except as to Excluded Perfection Collateral, is perfected. 

“Acquisition” means the purchase by any Restricted Entity of any business, including (i) the purchase of associated
assets or operations of, or (ii) the purchase of Equity Interests, or merger or consolidation with, any Person. 

“Additional Lender” has the meaning set forth in Section 2.15(a). 

“Adjusted Base Rate” means, for any day, the fluctuating rate per annum of interest equal to the
greatest of (a) the Prime Rate in effect on such day, (b) the Federal Funds Rate in effect on such day plus  1/2 of 1.00% and (c) a rate determined by the Administrative Agent to be the Daily One-Month LIBOR plus 1.50%. Any change in the Adjusted Base Rate due to a change in the Prime
Rate, Daily One-Month LIBOR or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate, Daily One-Month LIBOR or the Federal Funds Rate.

“Adjusted EBITDA” means: 
 (a) for the calculations to be made as of the last day of the fiscal quarter ending September 30, 2010, the sum of (i) the Subject Companies’ combined (but not duplicative) consolidated
EBITDA for the period from July 1, 2010 to the Effective Date plus (ii) the Borrower’s consolidated EBITDA for the period from the Effective Date to September 30, 2010 plus (iii) the Subject Companies’
combined (but not duplicative) consolidated EBITDA for the three fiscal quarter period ended June 30, 2010; 
 (b) for the
calculations to be made as of the last day of the fiscal quarter ending December 31, 2010, the sum of (i) the Subject Companies’ combined (but not duplicative) consolidated EBITDA for the period from July 1, 2010 to the Effective
Date plus (ii) the Borrower’s consolidated EBITDA for the period from the Effective Date to September 30, 2010 plus (iii) the Borrower’s consolidated EBITDA for the fiscal quarter ending December 31, 2010
plus (iv) the Subject Companies’ combined (but not duplicative) consolidated EBITDA for the two fiscal quarter period ended June 30, 2010; 

 (c) for the calculations to be made as of the last day of the fiscal quarter ending
March 31, 2011, the sum of (i) the Subject Companies’ combined (but not duplicative) consolidated EBITDA for the period from July 1, 2010 to the Effective Date plus (ii) the Borrower’s consolidated EBITDA for the
period from the Effective Date to September 30, 2010 plus (iii) the Borrower’s consolidated EBITDA for the two fiscal quarter period ending March 31, 2011 plus (iv) the Subject Companies’ combined (but not
duplicative) consolidated EBITDA for the fiscal quarter ended June 30, 2010; and 
 (d) for the calculations to be made as
of the last day of the fiscal quarter ending June 30, 2011, the sum of (i) the Subject Companies’ combined (but not duplicative) consolidated EBITDA for the period from July 1, 2010 to the Effective Date plus (ii) the
Borrower’s consolidated EBITDA for the period from the Effective Date to September 30, 2010 plus (iii) the Borrower’s consolidated EBITDA for the three fiscal quarter period ending June 30, 2011. 

“Administrative Agent” means Wells Fargo in its capacity as agent for the Lenders pursuant to Article 8 and any
successor agent pursuant to Section 8.6. 
 “Administrative Questionnaire” means an Administrative
Questionnaire in a form supplied by the Administrative Agent. 
 “Advance” means any advance by a Lender or a
Swing Line Lender to the Borrower as a part of a Borrowing. 
 “Affiliate” means, as to any Person, any other
Person that, directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such Person or any Subsidiary of such Person. 

“Agreed Currency” means, subject to Section 1.6, (a) Dollars, (b) British Pound Sterling,
(c) Canadian Dollars, (d) Euros, (e) UAE Dirham, (f) Singapore Dollars, (g) South African Rand other than with respect to Bank of America, N.A. unless such Issuing Lender consents to otherwise, and (h) any other
Eligible Currency approved in accordance with Section 1.6. 
 “Agreement” means this Credit Agreement
among the Borrower, the Lenders, the Swing Line Lenders, the Issuing Lenders and the Administrative Agent. 

“Allied” means Allied Production Services, Inc., a Delaware corporation. 

“Applicable Margin” means, at any time with respect to each Type of Advance, the Letters of Credit and the Commitment
Fee, the percentage rate per annum which is applicable at such time with respect to such Advance, Letter of Credit or Commitment Fee as set forth in Schedule I and subject to further adjustments as set forth in Section 2.8(c). 

“Applicable Period” has the meaning set forth in Section 2.8(c). 

“Assignment and Acceptance” means an assignment and acceptance executed by a Lender and an Eligible Assignee and
accepted by the Administrative Agent, in substantially the same form as Exhibit A. 
 “AutoBorrow
Agreement” means any agreement providing for automatic borrowing services between a Credit Party and the applicable Swing Line Lender. 

  
 -2-

 “Availability” means an amount equal to (a) the aggregate Commitments
in effect at such time minus (b) the sum of (i) the outstanding amount of all Advances plus (ii) the Dollar Equivalent of the Letter of Credit Exposure. 

“Balance Sheet Debt” means, collectively, (a) all liabilities of the Borrower and its consolidated Restricted
Subsidiaries which are required to be listed as a liability on its balance sheet in accordance with GAAP plus (b) to the extent not otherwise listed as a liability on its balance sheet, the unamortized debt discount associated with
senior notes or convertible debt. 
 “Banking Services Provider” means any Lender or Affiliate of a Lender that
provides Banking Services to any Restricted Entity. 
 “Banking Services” means each and any of the following
bank services provided to any Restricted Entity by any Banking Services Provider: (a) commercial credit cards, (b) stored value cards, (c) treasury management services (including, without limitation, controlled disbursement, automated
clearinghouse transactions, return items, overdrafts and interstate depository network services, but in the case of overdraft lines of credit in favor of Foreign Restricted Subsidiaries, subject to the limitation in the following clause (d) as
to overdraft lines of credit, and (d) the overdraft lines of credit permitted under Section 6.1(j). 

“Banking Services Obligations” means any and all obligations of any Restricted Entity owing to the Banking Services
Providers, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor) in connection with Banking Services. 

“Base Rate Advance” means an Advance which bears interest based upon the Adjusted Base Rate. 

“Borrower” means Forum Energy Technologies, Inc., a Delaware corporation. 

“Borrowing” means a Revolving Borrowing or a Swing Line Borrowing. 

“Business Day” means a day (a) other than a Saturday, Sunday, or other day on which the Administrative Agent is
authorized to close under the laws of, or is in fact closed in, New York or Texas, and (b) if the applicable Business Day relates to any Eurodollar Advances, on which dealings are carried on by commercial banks in the London interbank market.

 “Canadian Dollars” means the lawful money of Canada. 

“Capital Expenditures” means, for any Person and period of its determination, without duplication, the aggregate of all
expenditures and costs (whether paid in cash or accrued as liabilities during that period and including that portion of payments under Capital Leases that are capitalized on the balance sheet of such Person) of such Person during such period that,
in conformity with GAAP, are required to be included in or reflected as plant, property, equipment or other similar fixed asset accounts on the balance sheet of such Person. 
 “Capitalization Ratio” means, as of the last day of each fiscal quarter, the ratio of (a) all Balance Sheet Debt as of the last day of such fiscal quarter to (b) the
Borrower’s consolidated Total Capitalization as of the last day of such fiscal quarter. 

  
 -3-

 “Capital Leases” means, for any Person, any lease of any Property by such
Person as lessee which would, in accordance with GAAP, be required to be classified and accounted for as a capital lease on the balance sheet of such Person. 
 “Cash Collateral Account” means a special cash collateral account pledged to the Administrative Agent containing cash deposited pursuant to the terms hereof to be maintained with the
Administrative Agent in accordance with Section 2.2(h). 
 “CERCLA” means the Comprehensive Environmental
Response, Compensation, and Liability Act of 1980, as amended, analogous state and local laws, and all rules and regulations and legally enforceable requirements promulgated thereunder, in each case as now or hereafter in effect. 

“Change in Control” means the occurrence of any of the following events: (a) prior to the closing of the Offering,
SCF ceases to own, directly or indirectly more than 50% of the Voting Securities of the Borrower; and (b) after the closing of the Offering, (i) any “person” or “group” (as such terms are used in Sections 13(d) and
14(d) of the Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) other
than SCF becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to have “beneficial ownership” of all securities that such
person or group has the right to acquire (such right, an “option right”), whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of 33% or more of the equity securities of the Borrower
entitled to vote for members of the board of directors or equivalent governing body of the Borrower on a fully-diluted basis (and taking into account all such securities that such person or group has the right to acquire pursuant to any option
right), or (ii) during any period of 12 consecutive months, a majority of the members of the board of directors or other equivalent governing body of the Borrower cease to be composed of individuals (A) who were members of that board or
equivalent governing body on the first day of such period, (B) whose election or nomination to that board or equivalent governing body was approved by individuals referred to in clause (A) above constituting at the time of such election or
nomination at least a majority of that board or equivalent governing body or (C) whose election or nomination to that board or other equivalent governing body was approved by individuals referred to in clauses (A) and (B) above
constituting at the time of such election or nomination at least a majority of that board or equivalent governing body. 

“Change in Law” means the occurrence, after the date of this Agreement (or with respect to any Lender, if later, the
date on which such Lender becomes a Lender), of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation
or application thereof by any Governmental Authority, or (c) the making or issuance of any request, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided however, for purposes of this Agreement,
the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, guidelines or directives in connection therewith are deemed to have gone into effect and adopted after the date of this Agreement. 

“Class” has the meaning set forth in Section 1.4. 

“Closing Date Leverage Ratio” means, on a pro forma basis after giving effect to the Transactions, the ratio of
(a) the Funded Debt as of June 30, 2010 minus immediately available cash on hand on the Effective Date which is free and clear of all Liens and other third party rights other than a Lien in favor of the Administrative Agent pursuant to
Security Documents, to (b) the Subject Companies’ combined (but not duplicative) EBITDA for the four fiscal quarter period ended June 30, 2010. 

  
 -4-

 “Closing Date Redemptions” means (a) redemption or purchase of Equity
Interests of Subject Companies owned by non-accredited investors, (b) redemption or purchase of preferred Equity Interests of Global Flow from Pon North America, Inc., and (c) redemption or purchase of other equity interests of Subsea,
Triton, and Allied in any event, in connection with, and in order to effect, the Reorganization. 
 “Code”
means the Internal Revenue Code of 1986, as amended, and the regulations and published interpretations thereof. 

“Co-Lead Arrangers” means Wells Fargo Securities, LLC, J.P. Morgan Securities, Inc. and Banc of America Securities LLC
in their respective capacities as co-lead arrangers and joint bookrunners. 
 “Collateral” means all property
of the Credit Parties which is “Collateral” (as defined in the Security Agreement) or similar terms used in the Security Documents. The Collateral shall not include any Excluded Properties. 

“Combined Entities” means, collectively, (a) the Credit Parties, (b) each First Tier Foreign Restricted
Subsidiary to which the Administrative Agent has (i) an Acceptable Security Interest in at least 66% (or if greater, the Control Percentage) of the Voting Securities issued by such Subsidiary, and (ii) if requested by the Administrative
Agent, an opinion letter from foreign counsel in form and substance reasonably acceptable to the Administrative Agent, regarding such First Tier Foreign Restricted Subsidiary and the security interest described in clause (i) above, and
(c) each other Foreign Restricted Subsidiary that is Wholly-Owned and whose (i) Equity Interests are unencumbered other than the Liens in favor of the Administrative Agent pursuant to the Security Documents and (ii) assets are
unencumbered other than by Liens permitted under clauses (a) – (i), clauses (k) - (m) and clause (p) of Section 6.2. 
 “Commitment” means, for each Lender, the obligation of each Lender to advance to Borrower the amount set opposite such Lender’s name on Schedule II as its Commitment, or if such
Lender has entered into any Assignment and Acceptance, the amount set forth for such Lender as its Commitment in the Register, as such amount may be reduced pursuant to Section 2.1(b) or increased pursuant to Section 2.15; provided
that, after the Maturity Date, the Commitment for each Lender shall be zero; and provided further that, the aggregate Commitment shall not exceed $600,000,000. The initial aggregate Commitment on the date hereof is $450,000,000. 

“Commitment Fees” means the fees required under Section 2.7(a). 

“Commitment Increase” has the meaning set forth in Section 2.15(a). 

“Compliance Certificate” means a compliance certificate executed by a Responsible Officer of the Borrower or such other
Person as required by this Agreement in substantially the same form as Exhibit B. 
 “Computation Date”
means (a) if any Foreign Currency L/C is issued or deemed issued on the Effective Date, the Effective Date and (b) so long as any Foreign Currency L/C issued or deemed issued hereunder is outstanding, (i) the first Business Day of
each week, (ii) the date a draw is funded on any Foreign Currency L/C, (iii) the date of any proposed Borrowing or proposed issuance or increase of a Foreign Currency L/C, (iv) the date of any increase or reduction of Commitments
pursuant to Sections 2.1(b) or 2.15, and (v) such additional dates as the Administrative Agent shall determine or the Majority Lenders shall require. 
 “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership, by contract,
or 

  
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otherwise, and the terms “Controlled by” or “under common Control with” shall have the correlative meanings. 

“Control Percentage” means, with respect to any Person, the percentage of the outstanding Voting Securities of such
Person having ordinary voting power which gives the holder(s) thereof Control over such Person. 
 “Controlled
Group” means all members of a controlled group of corporations and all businesses (whether or not incorporated) under common control which, together with the Borrower or any Subsidiary, are treated as a single employer under
Section 414 of the Code. 
 “Convert,” “Conversion,” and “Converted”
each refers to a conversion of Advances of one Type into Advances of another Type pursuant to Section 2.4(b). 

“Credit Documents” means this Agreement, the Notes, the Letters of Credit, the Letter of Credit Applications, the
Guaranties, the Notices of Borrowing, the Notices of Conversion, the Security Documents, any Autoborrow Agreement, the Fee Letter, and each other agreement, instrument, or document executed at any time in connection with this Agreement. 

“Credit Parties” means the Borrower and the Guarantors. 

“Daily One-Month LIBOR” means, for any day, the rate of interest equal to the Eurodollar Rate then in effect for
delivery for a one (1) month period. 
 “Debt” means, for any Person, without duplication:
(a) indebtedness of such Person for borrowed money; (b) to the extent not covered under clause (a) above, obligations under letters of credit and agreements relating to the issuance of letters of credit, bankers’ acceptances,
bank guaranties, surety bonds and similar instruments; (c) obligations of such Person evidenced by bonds, debentures, notes or other similar instruments; (d) obligations of such Person under conditional sale or other title retention
agreements relating to any Properties purchased by such Person (other than customary reservations or retentions of title under agreements with suppliers entered into in the ordinary course of business); (e) obligations of such Person to pay the
deferred purchase price of property or services (such obligations including, without limitation, any earn-out obligations, contingent obligations, or other similar obligations associated with such purchase) but excluding trade accounts payable in
the ordinary course of business and, in each case, not past due for more than 90 days after the date on which such trade account payable was created; (f) obligations of such Person as lessee under Capital Leases and obligations of such Person
in respect of synthetic leases; (g) obligations of such Person under any Hedging Arrangement; (h) all obligations of such Person to mandatorily purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity
Interest in such Person or any other Person on a date certain or upon the occurrence of certain events or conditions, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus
accrued and unpaid dividends (which obligations, for the avoidance of doubt, do not include any obligations to issue Equity Interests in respect of warrants); (i) the Debt of any partnership or unincorporated joint venture in which such Person
is a general partner or a joint venturer, but only to the extent to which there is recourse to such Person for the payment of such Debt; (j) obligations of such Person under direct or indirect guaranties in respect of, and obligations
(contingent or otherwise) of such Person to purchase or otherwise acquire, or otherwise to assure a creditor against loss in respect of, indebtedness or obligations of others of the kinds referred to in clauses (a) through (i) above; and
(k) indebtedness or obligations of others of the kinds referred to in clauses (a) through (j) secured by any Lien on or in respect of any Property of such Person, but if recourse is only to such Property, then only to the extent of
the lesser of the amount of the Debt secured thereby and the fair market value of the Property subject to such Lien. 

  
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 “Default” means (a) an Event of Default or (b) any event or
condition which with notice or lapse of time or both would, unless cured or waived, become an Event of Default. 

“Default Rate” means a per annum rate equal to (a) in the case of principal of any Advance, 2.00% plus the rate
otherwise applicable to such Advance as provided in Sections 2.8(a), (b), or (c), and (b) in the case of any other Obligation, 2.00% plus the non-default rate applicable to Base Rate Advances as provided in Section 2.8(a) or (c).

 “Defaulting Lender” means any Lender that (a) has failed to fund any portion of the Advances or
participations in Letter of Credit Obligations or Swing Line Advances required to be funded by it hereunder within two Business Days of the date required to be funded by it hereunder unless, with the consent of the Administrative Agent and the
Borrower (which consent may be withheld at the sole discretion of the Administrative Agent and the Borrower), such failure has been cured, (b) has indicated to the Administrative Agent, or has stated publicly, that such Lender will not fund any
portion of the Advances or participations in Letter of Credit Obligations or Swing Line Advances required to be funded by it hereunder, unless, with the consent of the Administrative Agent and the Borrower (which consent may be withheld at the sole
discretion of the Administrative Agent and the Borrower), such Lender actually funds such Advances or participations, (c) has otherwise failed to pay over to the Administrative Agent or any other Lender any other amount required to be paid by
it hereunder within two Business Days of the date when due, unless the subject of a good faith dispute, or unless, with the consent of the Administrative Agent (which consent may be withheld at the sole discretion of the Administrative Agent), such
failure has been cured, (d) as to which a Lender Insolvency Event has occurred and is continuing with respect to such Lender, or (e) has failed to confirm in writing to the Administrative Agent, for at least three Business Days, in
response to a written request of the Administrative Agent, that it will comply with its funding obligations hereunder. Any determination that a Lender is a Defaulting Lender will be made by the Administrative Agent in its sole discretion acting in
good faith; provided that, if the Administrative Agent, the Borrower, each Swing Line Lender and each Issuing Lender each agrees that a Defaulting Lender has adequately remedied all matters that caused such Lender to be a Defaulting
Lender, such Lender shall cease to be a Defaulting Lender. 
 “Disposition” means any sale, lease, transfer,
assignment, conveyance, or other disposition of any Property; “Dispose” or similar terms shall have correlative meanings. 
 “Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and (b) with respect to any amount denominated in any Foreign
Currency, the equivalent amount thereof in Dollars as determined by the Administrative Agent or the applicable Issuing Lender, as the case may be, at such time on the basis of the Exchange Rate (determined in respect of the most recent Computation
Date) for the purchase of Dollars with such Foreign Currency. 
 “Dollars” and “$” means
lawful money of the United States of America. 
 “Domestic Restricted Subsidiary” means any Restricted
Subsidiary that is not a Foreign Subsidiary. 
 “Domestic Subsidiary” means any Subsidiary that is not a
Foreign Subsidiary. 
 “EBITDA” means, for any period and for the Borrower and its consolidated Restricted
Subsidiaries, without duplication, (a) the Borrower’s consolidated Net Income for such period (it being understood that no amounts of the Unrestricted Subsidiaries’ Net Income shall be taken into account in calculating EBITDA other
than to the extent provided in clause (c) below) plus (b) to the extent deducted in determining consolidated Net Income for such period, Interest Expense, taxes, depreciation,

  
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amortization, depletion, and other non-cash charges for such period (including any provision for the reduction in the carrying value of assets recorded in accordance with GAAP and including
non-cash charges resulting from the requirements of ASC 410, 718 and 815) for such period plus (c) cash dividends received by the Restricted Entities from Unrestricted Subsidiaries during such period plus (d) any cash charges
or other expenses incurred in connection with the Transactions during such period plus (e) any non-recurring charges incurred during such period in connection with Permitted Acquisitions consisting of excess compensation of prior
officers of the acquired Person; provided that the aggregate amount of such charges may not exceed $2,000,000 unless otherwise agreed to by the Administrative Agent plus (f) other reasonable non-recurring cash charges and expenses
incurred in connection with Permitted Acquisitions during such period in an amount not to exceed such amount as agreed to between the Administrative Agent and the Borrower minus (g) all non-cash items of income which were included in
determining such consolidated Net Income (including non-cash income resulting from the requirements of ASC 410, 718 and 815); provided that such EBITDA shall be subject to pro forma adjustments for Acquisitions and Nonordinary Course Asset
Sales assuming that such transactions had occurred on the first day of the determination period, which adjustments shall be made in accordance with the guidelines for pro forma presentations set forth by the SEC or in a manner otherwise reasonably
acceptable to the Administrative Agent. 
 “Effective Date” means the date of this Agreement. 

“Eligible Assignee” means (a) a Lender (other than a Defaulting Lender), (b) any Affiliate of a Lender
approved by the Administrative Agent, the Swing Line Lenders and the Issuing Lenders, or (c) any other Person (other than a natural Person) approved by the Administrative Agent, the Swing Line Lenders and the Issuing Lenders and, unless an
Event of Default has occurred and is continuing at the time any assignment is effected in accordance with Section 9.7, the Borrower, such approvals by the Borrower, Administrative Agent, Swing Line Lenders and the Issuing Lenders not to be
unreasonably withheld, conditioned or delayed; provided, however, that neither the Borrower nor any Affiliate of the Borrower shall qualify as an Eligible Assignee. 
 “Eligible Currency” means any Foreign Currency provided that: (a) quotes for loans in such currency are available in the London interbank deposit market; (b) such currency is
freely transferable and convertible into Dollars in the London foreign exchange market, (c) no approval of a Governmental Authority in the country of issue of such currency is required to permit use of such currency by any applicable Lender or
applicable Issuing Lender for making loans or issuing letters of credit, or honoring drafts presented under letters of credit in such currency, and (d) there is no restriction or prohibition under any applicable Legal Requirements against the
use of such currency for such purposes. 
 “EMU Legislation” means the legislative measures of the European
Council for the introduction of, changeover to or operation of a single or unified European currency. 

“Environment” or “Environmental” shall have the meanings set forth in 42 U.S.C. 9601(8) (1988).

 “Environmental Claim” means any third party (including any Governmental Authority) action, lawsuit, claim,
demand, regulatory action or proceeding, order, decree, consent agreement or notice of potential or actual responsibility or violation which seeks to impose liability under any Environmental Law. 

“Environmental Law” means all federal, state, and local laws, rules, regulations, ordinances, orders, decisions,
enforceable agreements, and other requirements, including duties imposed under common law, now or hereafter in effect and relating to, or in connection with the Environment, including 

  
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without limitation CERCLA, relating to (a) pollution, contamination, injury, destruction, loss, protection, cleanup, reclamation or restoration of the air, surface water, groundwater, land
surface or subsurface strata, or other natural resources; (b) solid, gaseous or liquid waste generation, treatment, processing, recycling, reclamation, cleanup, storage, disposal or transportation; (c) exposure to pollutants, contaminants,
hazardous, or toxic substances, materials or wastes; or (d) the manufacture, processing, handling, transportation, distribution in commerce, use, storage or disposal of hazardous, or toxic substances, materials or wastes. 

“Environmental Permit” means any permit, license, order, approval, registration or other authorization required or
issued under Environmental Law. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as
amended from time to time. 
 “Equity Funded Capital Expenditure” means Capital Expenditures that are fully
funded solely with Equity Issuance Proceeds. 
 “Equity Interest” means with respect to any Person, any shares,
interests, participation, or other equivalents (however designated) of corporate stock, membership interests or partnership interests (or any other ownership interests) of such Person. 

“Equity Issuance” means any issuance of equity securities or any other Equity Interests (including any preferred equity
securities) by the Borrower. 
 “Equity Issuance Proceeds” means, with respect to any Equity Issuance, all cash
and cash equivalent proceeds or cash equivalent investments received by the Borrower from such Equity Issuance (other than from any other Credit Party) after payment of, or provision for, all underwriter fees and expenses, SEC and blue sky fees,
printing costs, fees and expenses of accountants, lawyers and other professional advisors, brokerage commissions and other out-of-pocket fees and expenses actually incurred in connection with such Equity Issuance. 

“Euro” and “EUR” mean the lawful currency of the Participating Member States introduced in accordance
with the EMU Legislation. 
 “Eurocurrency Liabilities” has the meaning assigned to that term in Regulation D
of the Federal Reserve Board as in effect from time to time. 
 “Eurodollar Advance” means an Advance that
bears interest based upon the Eurodollar Rate (other than Advances that bear interest based upon the Daily One Month LIBOR). 

“Eurodollar Base Rate” means: 
 (a) in determining Eurodollar Rate for purposes of the “Daily One Month LIBOR”, the rate per annum for Dollar deposits quoted by the Administrative Agent for the purpose of calculating effective
rates of interest for loans making reference to the “Daily One-Month LIBOR”, as the inter-bank offered rate in effect from time to time for delivery of funds for one (1) month in amounts approximately equal to the principal amount of
the applicable Advances; provided that, (i) the Administrative Agent may base its quotation of the inter-bank offered rate upon such offers or other market indicators of the inter-bank market as the Administrative Agent in its reasonable
discretion deems appropriate including, but not limited to, the rate determined under the following clause (b), and (ii) such rate per annum shall be 

  
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generally applicable to all credit facilities agented by the Administrative Agent which makes reference to the “Daily One-Month LIBOR” or words of similar import; and 

(b) in determining Eurodollar Rate for all other purposes, the rate per annum (rounded upward to the nearest whole multiple of 1/100th of
1%) equal to the interest rate per annum set forth on the Reuters Reference LIBOR1 page as the London Interbank Offered Rate, for deposits in Dollars at 11:00 a.m. (London, England time) two Business Days before the first day of the
applicable Interest Period and for a period equal to such Interest Period; provided that, if such quotation is not available for any reason, then for purposes of this clause (b), Eurodollar Base Rate shall then be the rate determined by the
Administrative Agent to be the rate at which deposits in Dollars for delivery on the first day of such Interest Period in immediately available funds in the approximate amount of the Advances being made, continued or converted by the Lenders and
with a term equivalent to such Interest Period would be offered by the Administrative Agent’s London Branch (or other branch or Affiliate of the Administrative Agent, or in the event that the Administrative Agent does not have a London branch,
the London branch of a Lender chosen by the Administrative Agent) to major banks in the London or other offshore inter-bank market for Dollars at their request at approximately 11:00 a.m. (London time) two Business Days prior to the commencement of
such Interest Period). 
 “Eurodollar Rate” means a rate per annum determined by the Administrative Agent
pursuant to the following formula: 
  

					
	 Eurodollar Rate =
	 	 Eurodollar Base Rate
	  	
		 	    1.00 – Eurodollar Reserve Percentage	  	

 Where, 
 “Eurodollar Reserve Percentage” means, as of any day, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable
to any Lender, under regulations issued from time to time by the Federal Reserve Board for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to liabilities or
assets consisting of or including Eurocurrency Liabilities. The Eurodollar Rate for each outstanding Advance shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage. 

“Event of Default” has the meaning specified in Section 7.1. 

“Exchange Rate” means, on any Business Day, with respect to any calculation of the Dollar Equivalent with respect to any
Foreign Currency on such date or any calculation of the Foreign Currency Equivalent on such date, the Administrative Agent’s spot rate of exchange in the interbank market where its currency exchange operations in respect of such Foreign
Currency are then being conducted, at or about 12:00 noon local time at such date for the purchase of such Foreign Currency with Dollars or the purchase of Dollars with such Foreign Currency, as the case may be, for delivery two Business Days later;
provided that if at the time of any such determination no such spot rate can reasonably be quoted, the Administrative Agent may use any reasonable method (including obtaining quotes from three or more market makers for such Foreign Currency)
as it deems appropriate to determine such rate and such determination shall be presumed correct absent manifest error. 

“Excluded Perfection Collateral” shall mean, unless otherwise elected by the Administrative Agent during the continuance
of an Event of Default, collectively (a) Certificated Equipment, as defined in the Security Agreement, (b) deposit accounts, commodities accounts and securities accounts other than the Cash Collateral Account, and (c) any other
Property (i) in which a security interest cannot be 

  
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perfected by the filing of a financing statement under the UCC and (ii) with respect to which the Administrative Agent has determined, in its reasonable discretion that the cost of
perfecting a security interest in such Property are excessive in relation to the value of the Lien to be afforded thereby. 

“Excluded Properties” means (a) all fee owned and leased real property of any Credit Party, (b) any Properties
owned by any Foreign Subsidiary, (c) commercial tort claims, (d) letter of credit rights, and (e) the “Excluded Collateral” as defined in the Security Agreement which include, but is not limited to, (i) Equity Interests
issued by Foreign Subsidiaries other than 66% of the Voting Securities issued by First Tier Foreign Subsidiaries, and (ii) Excluded JV Equity Interests, as defined therein. 

“Excluded Taxes” means, with respect to the Administrative Agent, any Lender, any Issuing Lender or any other recipient
of any payment to be made by or on account of any obligation of the Borrower hereunder, (a) taxes imposed on or measured by its overall net income (however denominated), and franchise taxes imposed on it (in lieu of net income taxes), by the
United States of America (or any political subdivision thereof) or by the jurisdiction (or any political subdivision thereof) under the laws of which such recipient is organized or in which its principal office is located or, in the case of any
Lender, in which its applicable lending office is located, (b) any branch profits taxes imposed by the United States of America or any similar tax imposed by any other jurisdiction in which the Borrower is located and (c) in the case of a
Foreign Lender (other than an assignee pursuant to a request by the Borrower under Section 2.14, any withholding tax that is imposed on amounts payable to such Foreign Lender at the time such Foreign Lender becomes a party hereto (or designates
a new lending office) or is attributable to such Foreign Lender’s failure or inability (other than as a result of a Change in Law) to comply with Section 2.13(e), except to the extent that such Foreign Lender (or its assignor, if any) was
entitled, at the time of designation of a new lending office (or assignment), to receive additional amounts from the Borrower with respect to such withholding tax pursuant to Section 2.13(a), (d) any U.S. Federal withholding taxes that are
imposed by FATCA, and (e) any interest, additions to tax and penalties with respect to taxes referred to in clauses (a)-(d) above. 
 “Executive Officer” means any Responsible Officer of a Restricted Subsidiary who is, as part of his/her employment with such Restricted Subsidiary, in contact with any Responsible Officer
of the Borrower regarding the business and operations of such Restricted Subsidiary on a regular basis. 
 “Existing
Credit Agreements” means (a) Credit Agreement dated as of August 20, 2007 entered into by Allied, as borrower, and Wells Fargo as agent, (b) Credit Agreement dated as of June 30, 2006 entered into by the Borrower, Forum
Canada ULC, and Amegy Bank National Association, as agent, (c) Credit Agreement dated as of June 30, 2005 entered into by Global Flow, ZyTech Global Industries, Inc., Z Resources, Inc., PBV-USA, Inc., Global Flow Equipment, Inc., Z
Explorations, Inc., Quadrant Valve & Actua-tor, LLC, and JPMorgan Chase Bank, N.A., as agent, (d) Credit Agreement dated as of January 8, 2007 entered into by Subsea and Amegy Bank National Association, as agent, (e) the
Existing Triton Credit Agreement, and (f) Credit Agreement dated December 29, 2006 among Pro-Tech Valve Sales Inc., as borrower, Global Flow Technologies, Inc., Zy-Tech Global Industries, Inc., and PBV-USA, Inc. as guarantors, and JPMorgan
Chase Bank, National Association, Toronto Branch, as lender, in the case of (a) through (f), as amended from time to time prior to the Effective Date. 
 “Existing Letters of Credit” means the letters of credit issued by any of the Issuing Lenders under any of the Existing Credit Agreements and listed on the attached Schedule 1.1.

 “Existing Triton Credit Agreement” means the Term Loan and Revolving Facilities Agreement dated as of
February 2, 2007 entered into by Triton, TGH (UK) Limited, TGH (US) Inc., Perry Slingsby Systems, Inc. (a Delaware corporation), Perry Slingsby Systems, Inc. (a Texas corporation), and Perry

  
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Slingsby Systems Limited, and The Royal Bank of Scotland plc, as agent, as amended from time to time prior to the Effective Date. 

“Existing Triton Lenders” means The Royal Bank of Scotland plc, HSBC Bank plc, and Clydesdale Bank but specifically
excluding any Lender. 
 “FATCA” means Section 1471 through 1474 of the Code and any regulations or
official interpretations thereof. 
 “Federal Funds Rate” means, for any day, the rate per annum equal to the
weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding
such day; provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day and
(b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate charged to the Administrative Agent (in its individual capacity) on such day on such transactions as
determined by the Administrative Agent. 
 “Federal Reserve Board” means the Board of Governors of the Federal
Reserve System or any of its successors. 
 “Fee Letter” means that certain engagement and fee letter dated as
of June 10, 2010 among the Borrower, Wells Fargo, and the Co-Lead Arrangers. 
 “First Tier Foreign
Subsidiary” means any Foreign Subsidiary the Equity Interests of which are held directly by the Borrower or a Domestic Subsidiary. 
 “First Tier Foreign Restricted Subsidiary” means any First Tier Foreign Subsidiary that is a Restricted Subsidiary. 

“Foreign Currency” means Canadian Dollars, Euro and each other currency (other than Dollars) that is approved in
accordance with Section 1.6. 
 “Foreign Currency Equivalent” means, at any time, with respect to any
amount denominated in Dollars, the equivalent amount thereof in the applicable Foreign Currency as determined by the Administrative Agent or the applicable Issuing Lender, as the case may be, at such time on the basis of the Exchange Rate
(determined in respect of the most recent Computation Date) for the purchase of such Foreign Currency with Dollars. 

“Foreign Currency L/C” means any Letter of Credit issued or deemed issued hereunder which is denominated in currency
other than Dollars. 
 “Foreign Lender” means any Lender that is organized under the laws of a jurisdiction
other than that in which the Borrower is resident for tax purposes. For purposes of this definition, the United States of America, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 

“Foreign Restricted Subsidiary” means any Restricted Subsidiary of the Borrower that is a Foreign Subsidiary.

  
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 “Foreign Subsidiary” means any Subsidiary of the Borrower that is not a
United States person within the meaning of Section 7701(a)(30) of the Code. 
 “Funded Debt” means, as to
the Borrower and its consolidated Restricted Subsidiaries, without duplication: 
 (a) all Debt of such Restricted Entity of the
type described in clauses (a), (b), (c), (d) and (f) of the definition of “Debt” but excluding any Debt permitted under Section 6.1(n); 
 (b) all Debt of such Restricted Entity of the type described in clause (e) of the definition of “Debt” other than (i) trade accounts payable incurred in the ordinary course of
business, and (ii) contingent obligations of such Restricted Entity to pay the deferred purchase price of property to the extent, and only to the extent, (A) such obligations are contingent and (B) with respect to earn out
obligations, the amount of such earn out obligations is not known and payable; 
 (c) all Debt of such Restricted Entity of the
type described in clause (h) of the definition of “Debt” other than such Debt that is permitted under Section 6.1(l); 
 (d) all Debt of such Restricted Entity of the type described in clause (i) of the definition of “Debt”, but only to the extent such Debt is of the type included in clause (a) - (c) above;

 (e) all Debt of such Restricted Entity of the type described in clause (j) of the definition of “Debt” but
only in respect of Debt of any other Person (other than a Restricted Entity) of the type included in clauses (a) - (d) above; and 
 (f) all Debt of others of the type included in clauses (a) - (e) above secured by any Lien on or in respect of any Property of such Restricted Entity, but if recourse is only to such Property, then
only to the extent of the lesser of the amount of the Debt secured thereby and the fair market value of the Property subject to such Lien. 
 “GAAP” means United States of America generally accepted accounting principles as in effect from time to time, applied on a basis consistent with the requirements of Section 1.3.

 “G&A Payments” means cash Restricted Payments to SCF for payment of (a) the Borrower’s
contractually allocable share of the accounting, legal and other general and administrative expenses incurred in the ordinary course of business by SCF as a result of the general and administrative functions performed on behalf of the Borrower and
(b) management fees. 
 “Global Flow” means Global Flow Technologies, Inc., a Delaware corporation.

 “Global Flow AutoBorrow” means any AutoBorrow Agreement in effect between Global Flow and JPMorgan Chase
Bank, N.A. 
 “Governmental Authority” means the government of the United States of America or any other
nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or
administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 
 “Guarantors” means any Person that now or hereafter executes a Guaranty, including (a) the Wholly-Owned Domestic Restricted Subsidiaries of the Borrower listed on Schedule 4.11; and
(b) each 

  
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Wholly-Owned Domestic Restricted Subsidiary of the Borrower that becomes a guarantor of all or a portion of the Obligations and which has entered into either a joinder agreement substantially in
the form attached to the Guaranty or a new Guaranty. 
 “Guaranty” means the Guaranty Agreement executed in
substantially the same form as Exhibit C. 
 “Hazardous Substance” means any substance or material
identified as hazardous or extremely hazardous pursuant to CERCLA and those regulated as hazardous or toxic under any other Environmental Law, including without limitation pollutants, contaminants, petroleum, petroleum products, radionuclides, and
radioactive materials. 
 “Hazardous Waste” means any substance or material regulated or designated as
hazardous pursuant to any Environmental Law. 
 “Hedging Arrangement” means a hedge, call, swap, collar, floor,
cap, option, forward sale or purchase or other contract or similar arrangement (including any obligations to purchase or sell any commodity or security at a future date for a specific price) which is entered into to reduce or eliminate or otherwise
protect against the risk of fluctuations in prices or rates, including interest rates, foreign exchange rates, commodity prices and securities prices. 
 “Increase Date” has the meaning set forth in Section 2.15(b). 
 “Increasing Lender” has the meaning set forth in Section 2.15(a). 
 “Indemnified Taxes” means Taxes other than Excluded Taxes. 

“Indemnitee” has the meaning set forth in Section 9.2. 

“Interest Coverage Ratio” means: 
 (a) as of the fiscal quarter ending on September 30, 2010, the ratio of (i) the Adjusted EBITDA to (ii) the Borrower’s consolidated Interest Expense for such fiscal quarter multiplied
by 4; 
 (b) as of the fiscal quarter ending on December 31, 2010, the ratio of (i) the Adjusted EBITDA to
(ii) the Borrower’s consolidated Interest Expense for the two fiscal quarter period then ended multiplied by 2; 
 (c)
as of the fiscal quarter ending on March 31, 2011, the ratio of (i) the Adjusted EBITDA to (ii) the Borrower’s consolidated Interest Expense for the three fiscal quarter period then ended multiplied by 4/3; 

(d) as of the fiscal quarter ending on June 30, 2011, the ratio of (i) the Adjusted EBITDA to (ii) the Borrower’s
consolidated Interest Expense for such four-fiscal quarter period then ended; and 
 (d) as of each fiscal quarter ending on or
after September 30, 2011, the ratio of (i) the Borrower’s consolidated EBITDA for the four-fiscal quarter period then ended to (ii) the Borrower’s consolidated Interest Expense for such four-fiscal quarter period then ended.

 “Interest Expense” means, for any period and with respect to any Person, total cash interest expense net of
gross interest income of Borrower and its Restricted Subsidiaries, letter of credit fees and other fees and expenses incurred by such Person in connection with any Debt for such period whether

  
 -14-

 
paid or accrued (including that attributable to obligations which have been or should be, in accordance with GAAP, recorded as Capital Leases), including, without limitation, all commissions,
discounts, and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing, fees owed with respect to the Secured Obligations, and net costs under Hedging Arrangements entered into addressing interest rates,
all as determined in conformity with GAAP; provided that, no amounts of the Unrestricted Subsidiaries’ Interest Expense shall be taken into account in calculating the Borrower’s consolidated Interest Expense. 

“Interest Period” means for each Eurodollar Advance comprising part of the same Borrowing, the period commencing on the
date of such Eurodollar Advance is made or deemed made and ending on the last day of the period selected by the Borrower pursuant to the provisions below and Section 2.4, and thereafter, each subsequent period commencing on the day following
the last day of the immediately preceding Interest Period and ending on the last day of the period selected by the Borrower pursuant to the provisions below and Section 2.4. The duration of each such Interest Period shall be one, three, or six
months (or twelve months if agreed to by all the Lenders), in each case as the Borrower may select, provided that: 
 (a)
whenever the last day of any Interest Period would otherwise occur on a day other than a Business Day, the last day of such Interest Period shall be extended to occur on the next succeeding Business Day, provided that if such extension would
cause the last day of such Interest Period to occur in the next following calendar month, the last day of such Interest Period shall occur on the next preceding Business Day; 
 (b) any Interest Period which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period)
shall end on the last Business Day of the calendar month in which it would have ended if there were a numerically corresponding day in such calendar month; and 
 the Borrower may not select any Interest Period for any Advance which ends after the Maturity Date. 
 “Investment” means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means of (a) the purchase or other acquisition of capital stock or
other securities of another Person, (b) a loan, advance or capital contribution to, guarantee (by guaranty or other arrangement) or assumption of Debt of, or purchase or other acquisition of any other Debt or equity participation or interest
in, another Person, including any partnership or joint venture interest in such other Person, or (c) the purchase or other acquisition (in one transaction or a series of transactions) of assets of another Person that constitute a business unit.
For purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. 

“Issuing Lender” means (a) each of Wells Fargo, JPMorgan Chase Bank, N.A. and Bank of America, N.A., (b) Amegy
Bank National Association with respect to the Existing Letters of Credit issued by it, and (c) any other Lender that agrees to act as an issuer of Letters of Credit hereunder at the request of the Borrower and with the consent of the
Administrative Agent, which consent shall not be unreasonably withheld, conditioned or delayed, in any event, in each of their respective capacity as the Lender that issues Letters of Credit for the account of any Restricted Entity pursuant to the
terms of this Agreement. 

  
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 “Legal Requirement” means any law, statute, ordinance, decree, requirement,
order, judgment, rule, regulation (or official interpretation of any of the foregoing) of, and the terms of any license or permit issued by, any Governmental Authority, including, but not limited to, Regulations T, U and X. 

“Lender Insolvency Event” means that (a) a Lender or its Parent Company is insolvent, or is generally unable to pay
its debts as they become due, or admits in writing its inability to pay its debts as they become due, or makes a general assignment for the benefit of its creditors, or (b) such Lender or its Parent Company is the subject of a bankruptcy,
insolvency, reorganization, liquidation or similar proceeding, or a receiver, trustee, conservator, intervenor or sequestrator or the like has been appointed for such Lender or its Parent Company, or such Lender or its Parent Company has taken any
action in furtherance of or indicating its consent to or acquiescence in any such proceeding or appointment; provided, that a Lender Insolvency Event shall not be triggered solely as the result of the acquisition or maintenance of an ownership
interest in such Lender or its Parent Company by a governmental authority or an instrumentality thereof. 
 “Lending
Party” has the meaning set forth in Section 9.8. 
 “Lenders” means the Persons listed on the
signature pages hereto as Lenders, any other Person that shall have become a Lender hereto pursuant to Section 2.14, and any other Person that shall have become a Lender hereto pursuant to an Assignment and Acceptance, but in any event,
excluding any such Person that ceases to be a party hereto pursuant to an Assignment and Acceptance. Unless the context otherwise requires, the term “Lenders” includes the Swing Line Lenders. 

“Lending Office” means, as to any Lender, the office or offices of such Lender described as such in such Lender’s
Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Borrower and the Administrative Agent. 
 “Letter of Credit” means any standby or commercial letter of credit issued by any Issuing Lender for the account of any Restricted Entity pursuant to the terms of this Agreement, in such
form as may be agreed by the Borrower and such Issuing Lender. 
 “Letter of Credit Application” means the
applicable Issuing Lender’s standard form letter of credit application or other reimbursement agreement for standby or commercial letters of credit which has been executed by the Borrower and accepted by such Issuing Lender in connection with
the issuance of a Letter of Credit. 
 “Letter of Credit Documents” means all Letters of Credit, Letter of
Credit Applications and amendments thereof. 
 “Letter of Credit Exposure” means, at the date of its
determination by the Administrative Agent, the aggregate outstanding undrawn amount of Letters of Credit plus the aggregate unpaid amount of all of the Borrower’s payment obligations under drawn Letters of Credit. 

“Letter of Credit Maximum Amount” means $75,000,000; provided that, on and after the Maturity Date, the Letter of
Credit Maximum Amount shall be zero. 
 “Letter of Credit Obligations” means any obligations of the Borrower
under this Agreement in connection with the Letters of Credit. 
 “Letter of Credit Termination
Date” means the 5th day prior to the Maturity
Date. 

  
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 “Leverage Ratio” means: 

(a) as of the fiscal quarter ending on September 30, 2010, the ratio of (i) the Funded Debt as of the last day of such fiscal
quarter to (ii) the Adjusted EBITDA; 
 (b) as of the fiscal quarter ending on December 31, 2010, the ratio of
(i) the Funded Debt as of the last day of such fiscal quarter to (ii) the Adjusted EBITDA; 
 (c) as of the fiscal
quarter ending on March 31, 2011, the ratio of (i) the Funded Debt as of the last day of such fiscal quarter to (ii) the Adjusted EBITDA; and 
 (d) as of the fiscal quarter ending on June 30, 2011, the ratio of (i) the Funded Debt as of the last day of such fiscal quarter to (ii) the Adjusted EBITDA; and 

(e) as of each fiscal quarter ending on or after September 30, 2011, the ratio of (i) the Funded Debt as of the last day of
such fiscal quarter to (ii) the Borrower’s consolidated EBITDA for the four-fiscal quarter period then ended. 

“Lien” means any mortgage, lien, pledge, charge, deed of trust, security interest, or encumbrance to secure or provide
for the payment of any obligation of any Person, whether arising by contract, operation of law, or otherwise (including the interest of a vendor or lessor under any conditional sale agreement, Capital Lease, or other title retention agreement).

 “Liquid Investments” means (a) readily marketable direct full faith and credit obligations of the
United States of America or obligations unconditionally guaranteed by the full faith and credit of the United States of America; (b) commercial paper issued by (i) any Lender or any Affiliate of any Lender or (ii) any commercial
banking institutions or corporations rated at least P-1 by Moody’s or A-1 by S&P; (c) certificates of deposit, time deposits, and bankers’ acceptances issued by (i) any of the Lenders or (ii) any other commercial banking
institution which is a member of the Federal Reserve System and has a combined capital and surplus and undivided profits of not less than $250,000,000.00 and rated Aa by Moody’s or AA by S&P; (d) repurchase agreements which are entered
into with any of the Lenders or any major money center banks included in the commercial banking institutions described in clause (c) and which are secured by readily marketable direct full faith and credit obligations of the government of the
United States of America or any agency thereof; (e) investments in any money market fund which holds investments substantially of the type described in the foregoing clauses (a) through (d); and (f) other investments made through the
Administrative Agent or its Affiliates. All the Liquid Investments described in clauses (a) through (d) above shall have maturities of not more than 365 days from the date of issue. 

“Liquidity” means, as of a date of determination, the sum of (a) Availability plus (b) readily and
immediately available cash held in deposit accounts of any Credit Party (other than the Cash Collateral Account); provided that, such deposit accounts and the funds therein shall be unencumbered and free and clear of all Liens and other third party
rights other than a Lien in favor of the Administrative Agent pursuant to Security Documents. 
 “Majority
Lenders” means (a) other than as provided in clause (b) below, two or more Lenders holding greater than 50% of the sum of (i) the aggregate unfunded Commitments at such time plus (ii) the aggregate unpaid
principal amount of the Revolving Advances plus (iii) the then existing Dollar Equivalent of the Letter of Credit Exposure (including any such Letter of Credit Exposure that has been reallocated pursuant to Section 2.16), and
(b) at any time when there is only one Lender, such Lender; provided that, (i) in any event, if there are two or more Lenders, the Commitment of, and the portion of 

  
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the Advances and Letter of Credit Exposure held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Lenders unless all Lenders are
Defaulting Lenders, and (ii) for purposes of this definition, Letter of Credit Exposure which is not reallocated or cash collateralized in accordance with Section 2.16 shall be deemed to be held by the applicable Issuing Lender.

 “Material Adverse Change” means any event, development or circumstance that has had or would reasonably be
expected to have a material adverse effect on (a) the business, operations, property or financial condition of the Borrower and its Restricted Subsidiaries, taken as a whole; or (b) on the validity or enforceability of any Credit Document
or any right or remedy of any Secured Party under any Credit Document. 
 “Material Real Property” means, as of
any date of determination, any real property owned by the Borrower or any Domestic Restricted Subsidiary that (a) has a net book value equal to or greater than 10% of the aggregate net book value of the Borrower’s and the Domestic
Restricted Subsidiaries’ property, plant and equipment or (b) when taken together with all other real property owned by the Borrower or any Domestic Restricted Subsidiary has an aggregate net book value equal to or greater than 10% of the
aggregate net book value of the Borrower’s and the Domestic Restricted Subsidiaries’ property, plant and equipment. 

“Maturity Date” means the earlier of (a) August 2, 2014 and (b) the earlier termination in whole of the
Commitments pursuant to Section 2.1(b)(i) or Article 7. 
 “Maximum Rate” means the maximum
nonusurious interest rate under applicable law. 
 “Moody’s” means Moody’s Investors Service, Inc.
and any successor thereto which is a nationally recognized statistical rating organization. 
 “Multiemployer
Plan” means a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA to which the Borrower or any member of the Controlled Group is making or accruing an obligation to make contributions. 

“Net Income” means, for any period and with respect to any Person, the net income for such period for such Person after
taxes as determined in accordance with GAAP, excluding, however, (a) extraordinary items, including (i) any net non-cash gain or loss during such period arising from the sale, exchange, retirement or other Disposition of capital assets
(such term to include all fixed assets and all securities) other than in the ordinary course of business, and (ii) any write-up or write-down of assets, and (b) the cumulative effect of any change in GAAP. For the avoidance of doubt, in
determining net income, gross interest income shall be applied to increase income or decrease interest expense but not both. 

“Non-Consenting Lender” means any Lender who does not agree to a consent, waiver or amendment which (a) requires
the agreement of all Lenders or all affected Lenders in accordance with the terms of Section 9.3 and (b) has been agreed by the Majority Lenders. 
 “Non-Credit Party Obligations” means (a) the Banking Services Obligations owing by Restricted Entities that are not Credit Parties and (b) all obligations of Restricted Entities
that are not Credit Parties owing to Swap Counterparties under any Hedging Arrangements. 
 “Non-Defaulting
Lender” means any Lender that is not then a Defaulting Lender or a Potential Defaulting Lender. 

  
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 “Nonordinary Course Asset Sales” means, any sales, conveyances, or other
transfers of Property made by any Restricted Entity (a) of any division of any Restricted Entity, (b) of the Equity Interest in any Restricted Subsidiary by the Borrower or any Restricted Subsidiary or (c) outside the ordinary course
of business of any assets of any Restricted Entity, whether in a single transaction or related series of transactions. 

“Notes” means the Revolving Notes and the Swing Line Notes. 

“Notice of Borrowing” means a notice of borrowing signed by the Borrower in substantially the same form as
Exhibit D. 
 “Notice of Continuation or Conversion” means a notice of continuation or conversion
signed by the Borrower in substantially the same form as Exhibit E. 
 “Obligations” means all
principal, interest (including post-petition interest), fees, reimbursements, indemnifications, and other amounts now or hereafter owed by any of the Credit Parties to the Lenders, the Swing Line Lenders, the Issuing Lenders, or the Administrative
Agent under this Agreement and the Credit Documents, including, the Letter of Credit Obligations, and any increases, extensions, and rearrangements of those obligations under any amendments, supplements, and other modifications of the documents and
agreements creating those obligations. 
 “OFAC” means The Office of Foreign Assets Control of the U.S.
Department of the Treasury. 
 “Offering” means a public offering and sale of Equity Interests in the Borrower.

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

“Parent Company” means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board
Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender. 
 “Participating Member State” means each state so described in any EMU Legislation. 
 “Patriot Act” means the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)). 
 “PBGC” means the Pension Benefit Guaranty Corporation or any entity succeeding to any or all of its functions under ERISA. 

“Permitted Acquisition” means an Acquisition that is permitted under Section 6.4. 

“Permitted Debt” has the meaning set forth in Section 6.1. 

“Permitted Investments” has the meaning set forth in Section 6.3. 

“Permitted Liens” has the meaning set forth in Section 6.2. 

“Permitted Tax Distributions” means, solely related to a tax period in which the Borrower is an association taxable as a
partnership for federal tax purposes (i.e. a “pass-through entity”), Restricted 

  
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Payments in the form of cash made by the Borrower to its Equity Interest holders in an amount equal to the income tax liabilities of such holders (and in the event such holder is a pass-through
entity, the ultimate owners thereof) attributable to the earnings of the Borrower for such tax years in which the Borrower is a pass-through entity; provided that (i) such amount may not exceed the amount actually required to be paid by such
holders (and in the event any such holder is a pass-through entity, the ultimate owners thereof) in income tax attributable to such earnings, and (ii) prior to making such Restricted Payment, if requested by the Administrative Agent, the
Borrower shall provide the Administrative Agent with a calculation of such attributable taxes in detail and form reasonably acceptable to the Administrative Agent. 
 “Person” means an individual, partnership, corporation (including a business trust), joint stock company, trust, limited liability company, limited liability partnership, unincorporated
association, joint venture, or other entity, or a government or any political subdivision or agency thereof, or any trustee, receiver, custodian, or similar official. 
 “Plan” means an employee benefit plan (other than a Multiemployer Plan) maintained for employees of the Borrower or any member of the Controlled Group and covered by Title IV of
ERISA or subject to the minimum funding standards under Section 412 of the Code. 
 “Potential Defaulting
Lender” means, at any time, a Lender (i) as to which the Administrative Agent has notified the Borrower that an event of the kind referred to in the definition of “Lender Insolvency Event” has occurred in respect of any
financial institution affiliate of such Lender, or (ii) as to which the Administrative Agent or any Issuing Lender has in good faith determined and notified the Borrower and, in the case of any good faith determination and notification made by
any Issuing Lender), the Administrative Agent that such Lender or its Parent Company or a financial institution affiliate thereof has notified the Administrative Agent or such Issuing Lender, or has stated publicly, that it will not comply with its
funding obligations under any other loan agreement or credit agreement or other similar financing agreement. Any determination that a Lender is a Potential Defaulting Lender under any of clauses (i) or (ii) above will be made by the
Administrative Agent or, in the case of clause (ii), any Issuing Lender, in its sole discretion acting in good faith. 

“Prime Rate” means the per annum rate of interest established from time to time by Wells Fargo at its principal office
in San Francisco as its prime rate, which rate may not be the lowest rate of interest charged by such Lender to its customers. 

“Property” of any Person means any property or assets (whether real, personal, or mixed, tangible or intangible) of such
Person. 
 “Pro Rata Share” means, at any time with respect to any Lender, (i) the ratio (expressed as a
percentage) of such Lender’s Commitment at such time to the aggregate Commitments at such time, (ii) if all of the Commitments have been terminated, the ratio (expressed as a percentage) of such Lender’s aggregate outstanding
Revolving Advances at such time to the total aggregate outstanding Revolving Advances at such time, or (iii) if no Revolving Advances are then outstanding, then “Pro Rata Share” shall mean the “Pro Rata Share” most recently
in effect, after giving pro forma effect to any Assignment and Acceptances. 
 “Redemptions” means,
collectively, the Closing Date Redemptions and the Stockholder Redemption. 
 “Register” has the meaning set
forth in Section 9.7(b). 

  
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 “Regulations T, U, and X” means Regulations T, U, and X of the Federal
Reserve Board, as each is from time to time in effect, and all official rulings and interpretations thereunder or thereof. 

“Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors,
officers, employees, agents and advisors of such Person and of such Person’s Affiliates, and each of their respective successors and assigns. 
 “Release” shall have the meaning set forth in CERCLA or under any other applicable Environmental Law. 
 “Reorganization” means a series of transactions occurring on or prior to the Effective Date (and after the Effective Date with respect to the Stockholder Redemption) whereby the Subject
Companies (other than the Borrower) and each of their respective subsidiaries, become subsidiaries of the Borrower, including the Redemptions and the SCF Equity Investments made in connection therewith. 

“Reorganization Documents” means (i) that certain Combination Agreement dated as of July 16, 2010 by and among
Forum, Allied, Global Flow, Triton, Subsea, Allied Merger Sub, LLC, Global Flow Merger Sub, LLC, Triton Merger Sub, LLC and Subsea Merger Sub, LLC, (ii) the Confidential Information Memorandum of Forum to the stockholders of each of Allied,
Global Flow, Triton and Subsea, and (iii) the documents, instruments and agreements evidencing and governing the Reorganization, including the Redemptions and the SCF Equity Investment. 

“Reportable Event” means any of the events set forth in Section 4043(c) of ERISA (other than any such event not
subject to the provision for 30-day notice to the PBGC under the regulations issued under such Section). 

“Response” shall have the meaning set forth in CERCLA or under any other applicable Environmental Law. 

“Restricted Entity” means (a) the Borrower and (b) each Restricted Subsidiary. 

“Restricted Subsidiary” means (a) each Subsidiary of the Borrower on the Effective Date, and (b) each
Subsidiary of the Borrower that is not an Unrestricted Subsidiary. 
 “Responsible Officer” means (a) with
respect to any Person that is a corporation, such Person’s chief executive officer, president, chief financial officer, chief operating officer, general counsel, or vice president, (b) with respect to any Person that is a limited liability
company, if such Person has officers, then such Person’s chief executive officer, president, chief financial officer, chief operating officer, general counsel, or vice president, and if such Person is managed by members, then a chief executive
officer, president, chief financial officer, chief operating officer, general counsel, or vice president of such Person’s managing member, and if such Person is managed by managers, then a manager (if such manager is an individual) or a chief
executive officer, president, chief financial officer, chief operating officer, general counsel, or vice president of such manager (if such manager is an entity), and (c) with respect to any Person that is a general partnership, limited
partnership or a limited liability partnership, the chief executive officer, president, chief financial officer, chief operating officer, general counsel, or vice president of such Person’s general partner or partners. 

“Restricted Payment” means, with respect to any Person, any direct or indirect dividend or distribution (whether in
cash, securities or other Property) or any direct or indirect payment of any kind or character (whether in cash, securities or other Property) in consideration for or otherwise in connection with any retirement, purchase, redemption or other
acquisition of any Equity Interest of such Person, or 

  
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any options, warrants or rights to purchase or acquire any such Equity Interest of such Person; provided that the term “Restricted Payment” shall not include any dividend or
distribution payable solely in Equity Interests of such Person or warrants, options or other rights to purchase such Equity Interests. 
 “Revolving Advance” means any advance by a Lender to the Borrower as part of a Revolving Borrowing. 
 “Revolving Borrowing” means a Borrowing consisting of simultaneous Revolving Advances of the same Type made by the Lenders pursuant to Section 2.1(a) or Converted by each Lender to
Revolving Advances of a different Type pursuant to Section 2.4(b). 
 “Revolving Note” means a promissory
note of the Borrower payable to the order of a Lender in the amount of such Lender’s Commitment, in substantially the same form as Exhibit F, evidencing indebtedness of the Borrower to such Lender resulting from Revolving Advances
owing to such Lender. 
 “Sanctioned Entity” means (a) a country or a government of a country, (b) an
agency of the government of a country, (c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in a country, in each case, that is subject to a country sanctions program administered and
enforced by OFAC. 
 “Sanctioned Person” means a person named on the list of Specially Designated Nationals
maintained by OFAC. 
 “Same Day Funds” means (a) with respect to disbursements and payments in Dollars,
immediately available funds, and (b) with respect to disbursements and payments in an Foreign Currency, same day or other funds as may be reasonably determined by the Administrative Agent or applicable Issuing Lender, as the case may be, to be
customary in the place of disbursement or payment for the settlement of international banking transactions in the relevant Foreign Currency. 
 “S&P” means Standard & Poor’s Rating Agency Group, a division of McGraw-Hill Companies, Inc., or any successor thereof which is a national credit rating organization.

 “SEC” means, the Securities and Exchange Commission. 

“SCF” means, collectively, SCF-V, L.P., SCF-VI, L.P., and SCF-VII, L.P., each a Delaware limited partnership.

 “SCF Equity Investments” means the funding of Equity Issuance Proceeds by SCF to the Borrower in an amount
sufficient to effect, in full, all of the Closing Date Redemptions. 
 “Secured Obligations” means (a) the
Obligations, (b) the Banking Services Obligations owing by Credit Parties, (c) all obligations of any Credit Party owing to Swap Counterparties under any Hedging Arrangements, and (d) all Non-Credit Party Obligations in an aggregate
amount not to exceed $30,000,000. 
 “Secured Parties” means the Administrative Agent, the Issuing Lenders, the
Lenders, the Swap Counterparties and the Banking Service Providers. 
 “Security Agreement” means the Pledge
and Security Agreement among the Credit Parties and the Administrative Agent in substantially the same form as Exhibit G. 

  
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 “Security Documents” means, collectively, the Security Agreement, and any
and all other instruments, documents or agreements now or hereafter executed by any Credit Party or any other Person to secure the Secured Obligations. 
 “Solvent” means, as to any Person, on the date of any determination (a) the fair value of the Property of such Person is greater than the total amount of debts and other liabilities
(including without limitation, contingent liabilities) of such Person, (b) the present fair salable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts
and other liabilities (including, without limitation, contingent liabilities) as they become absolute and matured, (c) such Person is able to realize upon its assets and pay its debts and other liabilities (including, without limitation,
contingent liabilities) as they mature in the normal course of business, (d) such Person does not intend to, and does not believe that it will, incur debts or liabilities (including, without limitation, contingent liabilities) beyond such
Person’s ability to pay as such debts and liabilities mature, (e) such Person is not engaged in, and is not about to engage in, business or a transaction for which such Person’s Property would constitute unreasonably small capital,
and (f) such Person has not transferred, concealed or removed any Property with intent to hinder, delay or defraud any creditor of such Person. 
 “Stockholder Redemption” means an up to $25,000,000 redemption of Equity Interests pursuant to an offer to stockholders of the Borrower (which include former stockholders of Global Flow,
Triton, Subsea and Allied that receive Equity Interests in the Borrower in connection with the Reorganization) occurring on or before September 30, 2010. 
 “Subject Companies” means the Borrower, Global Flow, Triton, Subsea and Allied. 
 “Subject Lender” has the meaning set forth in Section 2.14. 

“Subject Period” has the meaning set forth in Section 6.9(f). 

“Subject Quarter” has the meaning set forth in Section 6.9(f). 

“Subsea” means Subsea Services International, Inc., a Delaware corporation. 

“Subsidiary” means, with respect to any Person (the “holder”) at any date, any corporation, limited
liability company, partnership, association or other entity the accounts of which would be consolidated with those of the holder in the holder’s consolidated financial statements if such financial statements were prepared in accordance with
GAAP as of such date, as well as any other corporation, limited liability company, partnership, association or other entity, a majority of whose outstanding Voting Securities shall at any time be owned by the holder or one more Subsidiaries of the
holder. Unless expressly provided otherwise, all references herein and in any other Credit Document to any “Subsidiary” or “Subsidiaries” means a Subsidiary or Subsidiaries of the Borrower. 

“Swap Counterparty” means a Lender or an Affiliate of a Lender that has entered into a Hedging Arrangement with a
Restricted Entity. 
 “Swing Line Advance” means an advance by a Swing Line Lender to the Borrower as part of a
Swing Line Borrowing. 
 “Swing Line Borrowing” means the Borrowing consisting of a Swing Line Advance made by
a Swing Line Lender pursuant to Section 2.3 or, if an AutoBorrow Agreement is in effect, any transfer of funds pursuant to such AutoBorrow Agreement. 

  
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 “Swing Line Reserve Amount” means (a) at any time that Wells Fargo or
any other Lender serving in its capacity as Administrative Agent is the sole Swing Line Lender, the aggregate amount of all Swing Line Advances then outstanding, and (b) at any other time, the greater of (i) the aggregate amount of all
Swing Line Advances then outstanding and (ii) an amount equal to $10,000,000. 
 “Swing Line Sublimit
Amount” means (a) at any time that Wells Fargo or any other Lender serving in its capacity as Administrative Agent is the sole Swing Line Lender, $25,000,000, and (b) at any time that there are two or more Swing Line Lenders
(i) $15,000,000 with respect to Wells Fargo and (ii) $10,000,000 with respect to the other Swing Line Lenders as may be agreed to among such Swing Line Lenders and the Borrower; provided that, (A) such Swing Line Sublimit Amount may
be adjusted as provided in Section 2.3(g) and (B) on and after the Maturity Date, the Swing Line Sublimit Amount for all purposes shall be zero. 
 “Swing Line Lenders” means (a) Wells Fargo, (b) in connection with the Global Flow AutoBorrow, JPMorgan Chase Bank, N.A., and (c) Amegy Bank National Association or any
other Lender that agrees to act as a “Swing Line Lender” hereunder at the request of the Borrower and with the consent of the Administrative Agent, which consent shall not be unreasonably withheld, conditioned or delayed, in any event.

 “Swing Line Note” means the promissory note made by the Borrower payable to the order of a Swing Line Lender
evidencing the indebtedness of the Borrower to such Swing Line Lender resulting from Swing Line Advances made by such Swing Line Lender in substantially the same form as Exhibit I. 

“Swing Line Payment Date” means (a) if an AutoBorrow Agreement is in effect, the earliest to occur of (i) the
date required by such AutoBorrow Agreement, (ii) demand is made by the applicable Swing Line Lender and (iii) the Maturity Date, or (b) if an AutoBorrow Agreement is not in effect, the earlier to occur of (i) three
(3) Business Days after demand is made by the applicable Swing Line Lender if no Default exists, and otherwise upon demand by the applicable Swing Line Lender and (ii) the Maturity Date. 

“Tangible Net Assets” means (a) the consolidated net book value of all assets of the Borrower and its consolidated
Restricted Subsidiaries minus (b) the consolidated net book value of all intangible assets of the Borrower and its consolidated Restricted Subsidiaries. 
 “Tax Group” has the meaning set forth in Section 4.13. 

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

“Termination Event” means (a) a Reportable Event with respect to a Plan, (b) the withdrawal of the Borrower or
any member of the Controlled Group from a Plan during a plan year in which it was a “substantial employer” as defined in Section 4001(a)(2) of ERISA, (c) the filing of a notice of intent to terminate a Plan or the treatment of a
Plan amendment as a termination under Section 4041(c) of ERISA, (d) the institution of proceedings to terminate a Plan by the PBGC, or (e) any other event or condition which constitutes grounds under Section 4042 of ERISA for the
termination of, or the appointment of a trustee to administer, any Plan. 
 “Total Capitalization” means, as of
the end of each fiscal quarter, the sum of (a) all consolidated Debt of the Borrower as of the last day of such fiscal quarter (excluding any Debt of the Unrestricted 

  
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Subsidiaries) plus (b) the shareholders’ equity in the Borrower (excluding such portion thereof attributable to Unrestricted Subsidiaries) as of such date as determined in
accordance with GAAP. 
 “Transactions” means, collectively, (a) the initial borrowings and other
extensions of credit under this Agreement, (b) the Reorganization, including the Redemptions and the SCF Equity Investments, (c) the Stockholder Redemption, (d) the payment in full of all outstanding obligations under the Existing
Credit Agreements other than the Triton Liabilities, and (e) the payment of fees, commissions and expenses in connection with each of the foregoing. 
 “Triton” means Triton Group Holdings LLC, a Delaware limited liability company. 
 “Triton Guaranty” means that certain guaranty agreement dated August 2, 2010 entered into by the Borrower in favor of HSBC Bank plc to guarantee the Triton Liabilities owing to HSBC
Bank plc in an aggregate principal amount not in excess of $1,400,000. 
 “Triton Liabilities” means the
outstanding obligations of Triton and its Subsidiaries under the Existing Triton Credit Agreement owing to any Existing Triton Lender on the Closing Date and not paid in full on the Closing Date in an aggregate principal amount not in excess of
(a) GPB 4,015,500 owing to The Royal Bank of Scotland plc and Clydesdale Bank and (b) $1,400,000 owing to HSBC Bank plc. 
 “Type” has the meaning set forth in Section 1.4. 

“UCC” means the Uniform Commercial Code as in effect in the State of New York from time to time. 

“Unrestricted Subsidiaries” means any Subsidiary of the Borrower created or acquired after the Effective Date that has
been designated as an Unrestricted Subsidiary in compliance with Section 5.8. 
 “Voting Securities” means
(a) with respect to any corporation, capital stock of the corporation having general voting power under ordinary circumstances to elect directors of such corporation (irrespective of whether at the time stock of any other class or classes shall
have or might have special voting power or rights by reason of the happening of any contingency), (b) with respect to any partnership, any partnership interest or other ownership interest having general voting power to elect the general partner
or other management of the partnership or other Person, and (c) with respect to any limited liability company, membership certificates or interests having general voting power under ordinary circumstances to elect managers of such limited
liability company. 
 “Wells Fargo” means Wells Fargo Bank, National Association. 

“Wholly-Owned” means, as used in reference to a Restricted Subsidiary, any Restricted Subsidiary whose Equity Interest
is owned 100%, either directly or indirectly, by the Borrower. 
 Section 1.2 Computation of Time Periods. In this
Agreement in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each means “to but
excluding”. 
 Section 1.3 Accounting Terms; Changes in GAAP. 

(a) All accounting terms not specifically defined in this Agreement shall be construed in accordance with GAAP applied on a consistent
basis with those applied in the preparation of the financial 

  
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statements delivered to the Administrative Agent for the fiscal year ended December 31, 2009 as required under Section 5.2. 

(b) Unless otherwise indicated, all financial statements of the Borrower, all calculations for compliance with covenants in this
Agreement, all determinations of the Applicable Margin, and all calculations of any amounts to be calculated under the definitions in Section 1.1 shall be based upon the consolidated accounts of the Borrower and its Restricted Subsidiaries in
accordance with GAAP and consistent with the principles of consolidation applied in preparing the Borrower’s financial statements referred to in Section 4.4. 
 (c) If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Credit Document, and either the Borrower or the Majority Lenders shall so request,
the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Borrower and the Majority
Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrower shall provide to the Administrative Agent and
the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such
change in GAAP. 
 Section 1.4 Classes and Types of Advances. Advances are distinguished by “Class” and
“Type”. The “Class” of an Advance refers to the determination of whether such Advance is a Revolving Advance or a Swing Line Advance. The “Type” of an Advance refers to the determination of whether such Advance is a
Base Rate Advance or a Eurodollar Advance. 
 Section 1.5 Miscellaneous. Article, Section, Schedule, and Exhibit
references are to this Agreement, unless otherwise specified. All references to instruments, documents, contracts, and agreements (including this Agreement) are references to such instruments, documents, contracts, and agreements as the same may be
amended, supplemented, and otherwise modified from time to time, unless otherwise specified and shall include all schedules and exhibits thereto unless otherwise specified. Any reference herein to any law shall be construed as referring to such law
as amended, modified, codified or reenacted, in whole or in part, and in effect from time to time. Any reference herein to any Person shall be construed to include such Person’s successors and assigns (subject to the restrictions contained
herein). The words “hereof”, “herein”, and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. The term
“including” means “including, without limitation,”. Paragraph headings have been inserted in this Agreement as a matter of convenience for reference only and it is agreed that such paragraph headings are not a part of this
Agreement and shall not be used in the interpretation of any provision of this Agreement. 
 Section 1.6 Foreign
Currency. 
 (a) Exchange Rates; Currency Equivalents. 

(i) On each Computation Date, the Administrative Agent shall determine the Exchange Rate as of such Computation Date and
deliver to each Issuing Lender and the Borrower in writing the effective Exchange Rate and the Dollar Equivalent amount of such determination. The Exchange Rate so determined shall become effective as of such Computation Date and shall remain
effective through the next succeeding Computation Date. Except for purposes of financial statements delivered by Credit Parties hereunder or calculating financial covenants hereunder or 

  
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except as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Credit Documents shall be such Dollar Equivalent amount as so determined by the
Administrative Agent. 
 (ii) Wherever in this Agreement in connection with the issuance, amendment or extension
of a Letter of Credit, an amount, such as a required minimum or multiple amount, is expressed in Dollars, but such Letter of Credit is denominated in a Foreign Currency, such amount shall be, with respect to such Foreign Currency L/C, the relevant
Foreign Currency Equivalent of such Dollar amount (rounded to the nearest unit of such Foreign Currency, with 0.5 of a unit being rounded upward), as determined by the Administrative Agent or the applicable Issuing Lender, as the case may be.

 (b) Agreed Currencies. 
 (i) The Borrower may from time to time request that Letters of Credit be issued in any Agreed Currency; provided further that, such request in any currency other than Dollars shall be subject to the
approval of the applicable Issuing Lender. 
 (ii) Any such request shall be made to the applicable Issuing
Lender, with a copy to the Administrative Agent, not later than 11:00 a.m., 20 Business Days prior to the date of the desired issuance of a Letter of Credit (or such other time or date as may be agreed by the applicable Issuing Lender in its sole
discretion). The applicable Issuing Lender shall notify the Administrative Agent, not later than 11:00 a.m., ten Business Days (or such other time or date as may be reasonably agreed by the Administrative Agent in its sole discretion) after receipt
of such request whether it consents, in its sole discretion, to the issuance of Letters of Credit in such requested currency. 
 (iii) Any failure by an Issuing Lender to respond to such request within the time period specified in the preceding sentence shall be deemed to be a refusal by such Issuing Lender to permit Letters of
Credit to be issued in such requested currency. If the applicable Issuing Lender consents to the issuance of Letters of Credit in such requested currency, such Issuing Lender shall so notify the Borrower and the Administrative Agent and such
currency shall thereupon be deemed for all purposes to be an Agreed Currency hereunder for purposes of any Letter of Credit issuances by such Issuing Lender. Any specified currency of an Existing Letter of Credit that is neither Dollars nor one of
the Agreed Currencies specifically listed in the definition of “Agreed Currency” shall be deemed an Agreed Currency with respect to such Existing Letter of Credit only unless otherwise agreed to by the applicable Issuing Lender.

 (iv) If, after the designation of any currency as an Agreed Currency (A) currency control or other
exchange regulations are imposed in the country in which such currency is issued with the result that different types of such currency are introduced, (B) such currency, in the reasonable determination of the Administrative Agent or an
applicable Issuing Lender, no longer qualifies as an “Eligible Currency” or (C) in the reasonable determination of the Administrative Agent or any applicable Issuing Lender, a Dollar Equivalent of such currency is not readily
calculable, the Administrative Agent (or if applicable, such Issuing Lender) shall promptly notify the other Issuing Lenders, the Borrower, and, in the case of a determination made by an Issuing Lender, the Administrative Agent, and such currency
shall no longer be an Agreed Currency with respect to all the Issuing Lenders if such determination is made by the Administrative Agent and with respect to any particular Issuing Lender if such determination is made by such Issuing Lender, in any
event, until such time as the Administrative Agent and the Issuing Lenders (or 

  
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such applicable Issuing Lender), as provided herein, agree to reinstate such currency as an Agreed Currency. 
 (c) Change of Currency. 
 (i) Each obligation of the
Borrower to make a payment denominated in the national currency unit of any member state of the European Union that adopts the Euro as its lawful currency after the date hereof shall be redenominated into Euro at the time of such adoption (in
accordance with the EMU Legislation). If, in relation to the currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that currency shall be inconsistent with any convention or practice in the
London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful currency.

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

(iii) Each provision of this Agreement also shall be subject to such reasonable changes of construction as the
Administrative Agent may from time to time specify to be appropriate to reflect a change in currency of any other country and any relevant market conventions or practices relating to the change in currency. 

ARTICLE 2 

CREDIT FACILITIES 
 Section 2.1 Revolving Commitments. 
 (a) Commitment. Each
Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the Effective Date until the Business Day immediately preceding
the Maturity Date; provided that after giving effect to such Revolving Advances, the sum of the aggregate outstanding amount of all Revolving Advances plus the Dollar Equivalent of the Letter of Credit Exposure plus the Swing
Line Reserve Amount, shall not exceed the aggregate Commitments. Each Revolving Borrowing shall (A) if comprised of Base Rate Advances be in an aggregate amount not less than $500,000 and in integral multiples of $100,000 in excess thereof,
(B) if comprised of Eurodollar Advances be in an aggregate amount not less than $1,000,000 and in integral multiples of $500,000 in excess thereof, and (C) consist of Revolving Advances of the same Type made on the same day by the Lenders
ratably according to their respective Commitments. Within the limits of each Lender’s Commitment, the Borrower may from time to time borrow, prepay pursuant to Section 2.5, and reborrow under this Section 2.1(a). 

(b) Reduction of the Commitments. 
 (i) Commitments. The Borrower shall have the right, upon at least three Business Days’ irrevocable notice to the Administrative Agent, to terminate in whole or reduce in part the unused
portion of the Commitments; provided that each partial reduction shall be in a minimum amount of $1,000,000 and in integral multiples of $1,000,000 in excess thereof. Any reduction or termination of the Commitments pursuant to this
Section 2.1(b)(i) shall be applied ratably to each 

  
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Lender’s Commitment and shall be permanent, with no obligation of the Lenders to reinstate such Commitments, and the applicable Commitment Fees shall thereafter be computed on the basis of
the Commitments, as so reduced; provided that a notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked
by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. 
 (ii) Defaulting Lender. At any time when a Lender is then a Defaulting Lender, the Borrower, at the Borrower’s election, may elect to terminate such Defaulting Lender’s Commitment
hereunder; provided that (A) such termination must be of the Defaulting Lender’s entire Commitment, (B) the Borrower shall pay all amounts owed by the Borrower to such Defaulting Lender in such Lender’s capacity as a
Lender under this Agreement and under the other Credit Documents (including principal of and interest on the Revolving Advances owed to such Defaulting Lender, accrued Commitment Fees (subject to the proviso Section 2.7(a)), and letter of
credit fees but specifically excluding any amounts owing under Section 2.10 as result of such payment of such Advances) and shall deposit with the Administrative Agent into the Cash Collateral Account cash collateral in the amount equal to such
Defaulting Lender’s ratable share of the Dollar Equivalent of the Letter of Credit Exposure (including any such Letter of Credit Exposure that has been reallocated pursuant to Section 2.16), and (C) a Defaulting Lender’s
Commitment may be terminated by the Borrower under this Section 2.1(b)(ii) if and only if at such time, the Borrower has elected, or is then electing, to terminate the Commitments of all then existing Defaulting Lenders. Upon written
notice to the Defaulting Lender and Administrative Agent of the Borrower’s election to terminate a Defaulting Lender’s Commitment pursuant to this clause (ii) and the payment and deposit of amounts required to be made by the Borrower
under clause (B) and (C) above, (1) such Defaulting Lender shall cease to be a “Lender” hereunder for all purposes except that such Lender’s rights and obligations as a Lender under Sections 2.11, 2.13, 8.5 and 9.2
shall continue with respect to events and occurrences occurring before or concurrently with its ceasing to be a “Lender” hereunder, (2) such Defaulting Lender’s Commitment shall be deemed terminated, and (3) such Defaulting
Lender shall be relieved of its obligations hereunder as a “Lender” except as to its obligations Section 8.5 and Section 9.2(d) which obligations shall continue with respect to events and occurrences occurring before or
concurrently with its ceasing to be a “Lender” hereunder, provided that, any such termination will not be deemed to be a waiver or release of any claim by the Borrower, the Administrative Agent, the Swing Line Lenders, Issuing
Lenders or any Lender may have against such Defaulting Lender. 
 (c) Evidence of Indebtedness. The Revolving Advances
made by each Lender, and the Swing Line Advances made by each Swing Line Lender, shall be evidenced by one or more accounts or records maintained by such Lender or Swing Line Lender and by the Administrative Agent in the ordinary course of business.
The accounts or records maintained by Administrative Agent, the Swing Line Lenders and the applicable Lenders shall be conclusive absent manifest error of the amount of the Advances made by such Lenders and Swing Line Lender to the Borrower and the
interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Credit Agreement Obligations. In the
event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of
manifest error. Upon the request of any Lender to the Borrower made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Note which shall evidence such Lender’s
Revolving Advances to the Borrower in addition to such accounts or records. Upon the request of a Swing Line Lender to the Borrower, the Borrower shall execute and deliver to such Swing Line Lender a

  
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Swing Line Lender Note which shall evidence the applicable Swing Line Advances to the Borrower in addition to such accounts or records. Each Lender and each Swing Line Lender may attach schedules
to such Notes and endorse thereon the date, Type (if applicable), amount, and maturity of its Advances and payments with respect thereto. In addition to the accounts and records referred to in the immediately preceding sentences, each Lender, each
Issuing Lender and Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters of Credit. In the event of any conflict between the
accounts and records maintained by the Administrative Agent and the accounts and records of any Lender (other than the respective Issuing Lenders) in respect of such matters, the accounts and records of the Administrative Agent shall control in the
absence of manifest error. In the event of any conflict among the accounts and records maintained by the Administrative Agent, the accounts and records maintained by an Issuing Lender as to Letters of Credit issued by it, and the accounts and
records of any other Lender in respect of such matters, the accounts and records of such Issuing Lender shall control in the absence of manifest error. 
 Section 2.2 Letters of Credit  
 (a) Commitment for Letters of
Credit. The Issuing Lenders, the Lenders, and the Borrower agree that effective as of the Effective Date, the Existing Letters of Credit shall be deemed to have been issued and maintained under, and to be governed by the terms and conditions of,
this Agreement. Subject to the terms and conditions set forth in this Agreement, each Issuing Lender agrees, in reliance upon the agreements of the other Lenders set forth in this Section 2.2, from time to time on any Business Day during the
period from the Effective Date until the Business Day immediately preceding the Maturity Date, to issue Letters of Credit for the account of any Restricted Entity, and increase or extend the expiration date of Letters of Credit issued by such
Issuing Lender; provided that no Letter of Credit will be issued, increased, or extended: 
 (i) if such
issuance, increase, or extension would cause the Dollar Equivalent of the Letter of Credit Exposure to exceed the Letter of Credit Maximum Amount; 
 (ii) if such issuance, increase, or extension would cause the sum of (A) the aggregate outstanding amount of all Advances plus (B) the Dollar Equivalent of the Letter of Credit Exposure
(after taking into account such issuance, increase, or extension) to exceed the aggregate Commitments in effect at such time; 
 (iii) unless such Letter of Credit has an expiration date not later than the earlier of (A) two years after the issuance or extension and (B) the Letter of Credit Termination Date;
provided that, (1) if Commitments are terminated in whole pursuant to Section 2.1(b)(i), the Borrower shall either (A) deposit into the Cash Collateral Account cash in an amount equal to 103% of the Dollar Equivalent of the
Letter of Credit Exposure for the Letters of Credit which have an expiry date beyond such termination date or (B) provide a replacement letter of credit (or other security) reasonably acceptable to the Administrative Agent and the applicable
Issuing Lender in an amount equal to 103% of the Dollar Equivalent of the Letter of Credit Exposure and (2) any such Letter of Credit with a two-year tenor (or shorter tenor) may expressly provide for an automatic extension of additional
periods up to two additional years so long as such Letter of Credit expressly allows the applicable Issuing Lender, at its sole discretion, to elect not to provide such extension; provided that, in any event, such automatic extension may not result
in an expiration date that occurs after the Letter of Credit Maturity Date; 
 (iv) unless such Letter of Credit
is (A) a standby letter of credit, or (B) with the consent of the applicable Issuing Lender, a commercial letter of credit; 

  
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 (v) unless such Letter of Credit is in form and substance acceptable to the
applicable Issuing Lender in its sole discretion; 
 (vi) unless the Borrower has delivered to the applicable
Issuing Lender a completed and executed Letter of Credit Application; provided that, if the terms of any Letter of Credit Application conflicts with the terms of this Agreement, the terms of this Agreement shall control; 

(vii) unless such Letter of Credit is governed by (A) the Uniform Customs and Practice for Documentary Credits (2007
Revision), International Chamber of Commerce Publication No. 600, or (B) the International Standby Practices (ISP98), International Chamber of Commerce Publication No. 590, in either case, including any subsequent revisions thereof
approved by a Congress of the International Chamber of Commerce; 
 (viii) if any order, judgment or decree of
any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain the applicable Issuing Lender from issuing, increasing or extending such Letter of Credit, or any Legal Requirement applicable to the applicable Issuing Lender
or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over the applicable Issuing Lender shall prohibit, or request that such Issuing Lender refrain from, the issuance, increase or
extension of letters of credit generally or such Letter of Credit in particular or shall impose upon such Issuing Lender with respect to such Letter of Credit any restriction, reserve or capital requirement (for which such Issuing Lender is not
otherwise compensated hereunder) not in effect on the Effective Date, or shall impose upon such Issuing Lender any unreimbursed loss, cost or expense which was not applicable on the Effective Date and which such Issuing Lender in good faith deems
material to it; 
 (ix) if the issuance, increase or extension of such Letter of Credit would violate one or more
policies of such Issuing Lender that are generally applicable to letters of credit; 
 (x) [Reserved] 

(xi) if such Letter of Credit supports the obligations of any Person in respect of (A) a lease of real property, or
(B) an employment contract if the applicable Issuing Lender reasonably determines that the Borrower’s obligation to reimburse any draws under such Letter of Credit may be limited; or 

(xii) any Lender is at such time a Defaulting Lender or a Potential Defaulting Lender hereunder, unless the applicable
Issuing Lender has entered into satisfactory arrangements with the Borrower or such Lender to eliminate such Issuing Lender’s risk with respect to such Lender. 
 (b) Requesting Letters of Credit. Each Letter of Credit (other than the Existing Letters of Credit which are deemed issued hereunder) shall be issued pursuant to a Letter of Credit Application
given by the Borrower to the applicable Issuing Lender with a copy to the Administrative Agent by facsimile or other writing not later than 12:00 noon (Houston, Texas, time) on the third Business Day before the proposed date of issuance for the
Letter of Credit. Each Letter of Credit Application shall be fully completed and shall specify the information required therein. Each Letter of Credit Application shall be irrevocable and binding on the Borrower. 

(c) Reimbursements for Letters of Credit; Funding of Participations. 

  
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 (i) With respect to any Letter of Credit, in accordance with the related
Letter of Credit Application, the Borrower agrees to pay on demand to the Administrative Agent on behalf of the applicable Issuing Lender an amount equal to any amount paid by such Issuing Lender under such Letter of Credit. Upon the applicable
Issuing Lender’s demand for payment under the terms of a Letter of Credit Application, the Borrower may, with a written notice to the Administrative Agent and such Issuing Lender, request that the Borrower’s obligations to such Issuing
Lender thereunder be satisfied with the proceeds of a Base Rate Advance in the same amount (notwithstanding any minimum size or increment limitations on individual Revolving Advances). If the Borrower does not make such request and does not
otherwise make the payments demanded by such Issuing Lender as required under this Agreement or the Letter of Credit Application, then upon such notice by the applicable Issuing Lender to the Administrative Agent, the Borrower shall be deemed for
all purposes of this Agreement to have requested such Base Rate Advance in the same amount and the transfer of the proceeds thereof to satisfy the Borrower’s obligations to such Issuing Lender, and the Borrower hereby unconditionally and
irrevocably authorizes, empowers, and directs the Lenders to make such Base Rate Advance, to transfer the proceeds thereof to the applicable Issuing Lender in satisfaction of such obligations, and to record and otherwise treat such payments as a
Base Rate Advance to the Borrower. The Administrative Agent and each Lender may record and otherwise treat the making of such Revolving Borrowings as the making of a Revolving Borrowing to the Borrower under this Agreement as if requested by the
Borrower. Nothing herein is intended to release any of the Borrower’s obligations under any Letter of Credit Application, but only to provide an additional method of payment therefor. The making of any Borrowing under this Section 2.2(c)
shall not constitute a cure or waiver of any Default, other than the payment Default which is satisfied by the application of the amounts deemed advanced hereunder, caused by the Borrower’s failure to comply with the provisions of this
Agreement or the Letter of Credit Application. 
 (ii) Each Lender (including each Lender acting as an Issuing
Lender) shall, upon notice from the Administrative Agent that the Borrower has requested or is deemed to have requested a Revolving Advance pursuant to Section 2.4 and regardless of whether (A) the conditions in Section 3.2 have been
met, (B) such notice complies with Section 2.4, or (C) a Default exists, make funds available to the Administrative Agent for the account of the applicable Issuing Lender in an amount equal to such Lender’s Pro Rata Share of the
amount of such Revolving Advance not later than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent, whereupon each Lender that so makes funds available shall be deemed to have made a Revolving Advance to the Borrower
in such amount. The Administrative Agent shall remit the funds so received to the applicable Issuing Lender. 

(iii) If any such Lender shall not have so made its Revolving Advance available to the Administrative Agent pursuant to
this Section 2.2, such Lender agrees to pay interest thereon for each day from such date until the date such amount is paid at the lesser of (A) the Federal Funds Rate for such day for the first three days and thereafter the interest rate
applicable to the Revolving Advance and (B) the Maximum Rate. Whenever, at any time after the Administrative Agent has received from any Lender such Lender’s Revolving Advance, the Administrative Agent receives any payment on account
thereof, the Administrative Agent will pay to such Lender its participating interest in such amount (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s Revolving Advance was
outstanding and funded), which payment shall be subject to repayment by such Lender if such payment received by the Administrative Agent is required to be returned. Each Lender’s obligation to make the Revolving Advance pursuant to this
Section 2.2 shall be absolute and unconditional and shall not be affected by any circumstance, including (1) any set-off, counterclaim, recoupment, defense or other right which such Lender or any other Person may

  
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have against any Issuing Lender, the Administrative Agent or any other Person for any reason whatsoever; (2) the occurrence or continuance of a Default or the termination of the Commitments;
(3) any breach of this Agreement by any Credit Party or any other Lender; or (4) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing. 

(iv) If at any time, the Commitments shall have expired or be terminated while any Letter of Credit Exposure is
outstanding each Lender, at the sole option of the applicable Issuing Lender, shall fund its participation in such Letters of Credit in an amount equal to such Lender’s Pro Rata Share of the Dollar Equivalent of the unpaid amount of the
Borrower’s payment obligations under drawn Letters of Credit. The Issuing Lenders shall notify the Administrative Agent, and in turn, the Administrative Agent shall notify each such Lender of the amount of such participation, and such Lender
will transfer to the Administrative Agent for the account of the applicable Issuing Lender on the next Business Day following such notice, in Same Day Funds, the amount of such participation. At any time after an Issuing Lender has made a payment
under any Letter of Credit and has received from any Lender funding of its participation in respect of such payment in accordance with this clause (iv), if the Administrative Agent receives for the account of such Issuing Lender any payment in
respect of the related Letter of Credit Exposure or interest thereon (whether directly from the Borrower or otherwise, including proceeds of cash collateral applied thereto by the Administrative Agent), the Administrative Agent shall distribute to
such Lender its Pro Rata Share thereof in the same funds as those received by the Administrative Agent. 
 (v) If
any payment received by the Administrative Agent for the account of any Issuing Lender pursuant to this Section 2.2(c) is required to be returned under any of the circumstances described in Section 9.13 (including pursuant to any
settlement entered into by such Issuing Lender in its discretion), each Lender shall pay to the Administrative Agent for the account of such Issuing Lender its Pro Rata Share thereof on demand of the Administrative Agent, plus interest thereon from
the date of such demand to the date such amount is returned by such Lender, at a rate per annum equal to the Federal Funds Rate in effect from time to time. The obligations of the Lenders under this clause shall survive the payment in full of the
Obligations and the termination of this Agreement. 
 (d) Participations. Upon the date of the issuance or increase of a
Letter of Credit or the deemed issuance of the Existing Letters of Credit under Section 2.2(a), the applicable Issuing Lender shall be deemed to have sold to each other Lender and each other Lender shall have been deemed to have purchased from
such Issuing Lender a participation in the related Letter of Credit Obligations equal to such Lender’s Pro Rata Share at such date and such sale and purchase shall otherwise be in accordance with the terms of this Agreement. The applicable
Issuing Lender shall promptly notify each such participant Lender by telex, telephone, or telecopy of each Letter of Credit issued or increased and the actual dollar amount of such Lender’s participation in such Letter of Credit. 

(e) Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be
unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances: 

(i) any lack of validity or enforceability of any Letter of Credit Documents; 

(ii) any amendment or waiver of or any consent to departure from any Letter of Credit Documents; 

  
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 (iii) the existence of any claim, set-off, defense or other right which any
Restricted Entity may have at any time against any beneficiary or transferee of such Letter of Credit (or any Persons for whom any such beneficiary or any such transferee may be acting), any Issuing Lender, any Lender or any other person or entity,
whether in connection with this Agreement, the transactions contemplated in this Agreement or in any Letter of Credit Documents or any unrelated transaction; 
 (iv) any statement or any other document presented under such Letter of Credit proving to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate
in any respect to the extent the applicable Issuing Lender would not be liable therefor pursuant to the following paragraph (g); 
 (v) payment by the applicable Issuing Lender under such Letter of Credit against presentation of documents which do not comply with the terms of such Letter of Credit; or 

(vi) any other circumstance or happening whatsoever, whether or not similar to any of the foregoing; 

provided, however, that nothing contained in this paragraph (e) shall be deemed to constitute a waiver of any remedies of the Borrower in
connection with the Letters of Credit. 
 (f) Prepayments of Letters of Credit. In the event that any Letter of Credit
shall be outstanding or shall be drawn and not reimbursed on or prior to the Letter of Credit Termination Date, the Borrower shall pay to the Administrative Agent an amount equal to 103% of the Dollar Equivalent of the Letter of Credit Exposure
allocable to such Letter of Credit, such amount to be due and payable on the Letter of Credit Termination Date, and to be held in the Cash Collateral Account and applied in accordance with paragraph (h) below. 

(g) Liability of Issuing Lenders. The Borrower assumes all risks of the acts or omissions of any beneficiary or transferee of any
Letter of Credit with respect to its use of such Letter of Credit. No Issuing Lender and no Related Party thereof shall be liable or responsible for: 
 (i) the use which may be made of any Letter of Credit or any acts or omissions of any beneficiary or transferee in connection therewith; 

(ii) the validity, sufficiency or genuineness of documents, or of any endorsement thereon, even if such documents should
prove to be in any or all respects invalid, insufficient, fraudulent or forged; 
 (iii) payment by any Issuing
Lender against presentation of documents which do not comply with the terms of a Letter of Credit, including failure of any documents to bear any reference or adequate reference to the relevant Letter of Credit; or 

(iv) any other circumstances whatsoever in making or failing to make payment under any Letter of Credit (INCLUDING ANY
ISSUING LENDER’S OWN NEGLIGENCE), 
 except that the Borrower shall have a claim against the applicable Issuing Lender, and such
Issuing Lender shall be liable to, and shall promptly pay to, the Borrower, to the extent of any direct, as opposed to consequential, damages suffered by the Borrower which a court in a final, non-appealable finding rules were caused by such Issuing
Lender’s willful misconduct or gross negligence in determining whether documents presented under a Letter of Credit comply with the terms of such Letter of Credit. In 

  
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furtherance and not in limitation of the foregoing, any Issuing Lender may accept documents that appear on their face to be in order, without responsibility for further investigation, regardless
of any notice or information to the contrary. 
 (h) Cash Collateral Account. 

(i) If the Borrower is required to deposit funds in the Cash Collateral Account pursuant to Sections 2.2(i), 2.3 (a)(vi),
2.16, 7.2(b) or 7.3(b) or any other provision under this Agreement, then the Borrower and the Administrative Agent shall establish the Cash Collateral Account and the Borrower shall execute any documents and agreements, including the Administrative
Agent’s standard form assignment of deposit accounts, that the Administrative Agent reasonably requests in connection therewith to establish the Cash Collateral Account and grant the Administrative Agent an Acceptable Security Interest in such
account and the funds therein. The Borrower hereby pledges to the Administrative Agent and grants the Administrative Agent a security interest in the Cash Collateral Account, whenever established, all funds held in the Cash Collateral Account from
time to time, and all proceeds thereof as security for the payment of the Secured Obligations. 
 (ii) Funds held
in the Cash Collateral Account shall be held as cash collateral for obligations with respect to Letters of Credit or outstanding Swing Line Advances, as applicable, and promptly applied by the Administrative Agent at the request of the applicable
Issuing Lender or applicable Swing Line Lender to any reimbursement or other obligations under Letters of Credit that exist or occur and to any outstanding Swing Line Advances, as applicable. To the extent that any surplus funds are held in the Cash
Collateral Account above the Letter of Credit Exposure and the outstanding amount of the Swing Line Advances during the existence of an Event of Default the Administrative Agent may (A) hold such surplus funds in the Cash Collateral Account as
cash collateral for the Secured Obligations or (B) apply such surplus funds to any Secured Obligations in any manner directed by the Majority Lenders. If no Default exists, the Administrative Agent shall release any surplus funds held in the
Cash Collateral Account above the Letter of Credit Exposure and the outstanding amount of the Swing Line Advances to the Borrower at the Borrower’s written request and such other amounts as provided in Section 2.16(d). 

(iii) Funds held in the Cash Collateral Account may be invested in Liquid Investments maintained with, and under the sole
dominion and control of, the Administrative Agent or in another investment if mutually agreed upon by the Borrower and the Administrative Agent, but the Administrative Agent shall have no obligation to make any investment of the funds therein. The
Administrative Agent shall exercise reasonable care in the custody and preservation of any funds held in the Cash Collateral Account and shall be deemed to have exercised such care if such funds are accorded treatment substantially equivalent to
that which the Administrative Agent accords its own property, it being understood that the Administrative Agent shall not have any responsibility for taking any necessary steps to preserve rights against any parties with respect to any such funds.

 (i) Defaulting Lender. Subject to Section 2.16(c), if, at any time, a Defaulting Lender or a Potential Defaulting
Lender exists hereunder, then, at the request of any Issuing Lender subject to Section 2.16(c), the Borrower shall deposit funds with Administrative Agent into the Cash Collateral Account an amount equal to such Defaulting Lender’s or such
Potential Defaulting Lender’s pro rata share of the Letter of Credit Exposure as it relates to such requesting Issuing Lender. 

  
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 (j) Letters of Credit Issued for Guarantors or any Restricted Subsidiary.
Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Guarantor or any Restricted Subsidiary, the Borrower shall be obligated to reimburse each Issuing Lender
hereunder for any and all drawings under such Letter of Credit issued hereunder by such Issuing Lender. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of any Guarantor, the Borrower or any Restricted
Subsidiary inures to the benefit of the Borrower, and that the Borrower’s business (indirectly or directly) derives substantial benefits from the businesses of such other Persons. 

Section 2.3 Swing Line Advances. 
 (a) Facility. On the terms and conditions set forth in this Agreement, and if an AutoBorrow Agreement is in effect, subject to the terms and conditions of such AutoBorrow Agreement, each Swing Line
Lender shall, from time-to-time on any Business Day during the period from the date of this Agreement until the Business Day immediately preceding the Maturity Date, make Swing Line Advances to the Borrower (or in the case of the Global Flow
AutoBorrow, to Global Flow) which shall be due and payable on the Swing Line Payment Date, bearing interest at the Adjusted Base Rate plus the Applicable Margin for Base Rate Advances or such other per annum rate as agreed to between the Borrower
(or in the case of the Global Flow AutoBorrow, Global Flow) and the applicable Swing Line Lender; provided that (i) after giving effect to such Swing Line Advance, the aggregate outstanding principal amount of all Swing Line Advances
advanced by such Swing Line Lender shall not exceed its Swing Line Sublimit Amount; (ii) after giving effect to such Swing Line Advance, the sum of the aggregate outstanding amount of all Revolving Advances plus the Dollar Equivalent of
the Letter of Credit Exposure plus the aggregate outstanding amount of all Swing Line Advances, shall not exceed the aggregate Commitments; (iii) no Swing Line Advance shall be made by a Swing Line Lender if the conditions set forth in
Section 3.2 have not been met as of the date of such Swing Line Advance, it being agreed by the Borrower that the giving of the applicable Notice of Borrowing and the acceptance by the Borrower (or in the case of the Global Flow AutoBorrow,
Global Flow) of the proceeds of such Swing Line Advance shall constitute a representation and warranty by the Borrower that on the date of such Swing Line Advance such conditions have been met; (iv) each Swing Line Advance shall be in an
aggregate amount not less than $100,000.00 and in integral multiples of $50,000.00 in excess thereof, except as otherwise set forth in any AutoBorrow Agreement; (v) if an AutoBorrow Agreement is in effect, such additional terms and conditions
of such AutoBorrow Agreement shall have been satisfied, and in the event that any of the terms of this Section 2.3(a) conflict with such AutoBorrow Agreement, the terms of the AutoBorrow Agreement shall govern and control; and (vi) if any
Lender is at such time a Defaulting Lender or a Potential Defaulting Lender hereunder, no Swing Line Lender shall be obligated to make any Swing Line Advances unless the Borrower shall have deposited with the Administrative Agent into the Cash
Collateral Account cash collateral in an amount equal to such Defaulting Lender’s or Potential Defaulting Lender’s Pro Rata Share of the aggregate Swing Line Sublimit Amount; provided that, in the event that the Administrative Agent, the
Borrower, and the Swing Line Lenders each agrees that a Defaulting Lender or a Potential Defaulting Lender has adequately remedied all matters that caused such Lender to be a Defaulting Lender or a Potential Defaulting Lender, then if no Default
exists, any cash collateral posted by the Borrower pursuant to this clause (vi) with respect to such Lender shall be returned to the Borrower. No Lender shall have any rights or obligations under any AutoBorrow Agreement, but each Lender shall
have the obligation to purchase and fund risk participations in the Swing Line Advances and to refinance Swing Line Advances as provided below and as provided in Section 2.16(d). 

(b) Prepayment. Within the limits expressed in this Agreement, amounts advanced pursuant to Section 2.3(a) may from time to
time be borrowed, prepaid without penalty, and reborrowed. If the aggregate outstanding principal amount of the Swing Line Advances advanced by a Swing Line Lender ever exceeds its Swing Line Sublimit Amount, the Borrower shall, upon receipt of
written notice of such 

  
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condition from such Swing Line Lender and to the extent of such excess, prepay to such Swing Line Lender outstanding principal of the Swing Line Advances such that such excess is eliminated. If
an AutoBorrow Agreement is in effect, each prepayment of a Swing Line Borrowing shall be made as provided in such AutoBorrow Agreement. 
 (c) Reimbursements for Swing Line Obligations. 
 (i) With
respect to the Swing Line Advances and the interest, premium, fees, and other amounts owed by the Borrower (or in the case of the Global Flow AutoBorrow, by Global Flow) to the Swing Line Lenders in connection with the Swing Line Advances, the
Borrower agrees to pay (or in the case of the Global Flow AutoBorrow, cause Global Flow to pay) to the applicable Swing Line Lender such amounts when due and payable to the applicable Swing Line Lender under the terms of this Agreement and, if an
AutoBorrow Agreement is in effect, in accordance with the terms of such AutoBorrow Agreement. If the Borrower does not pay (or in the case of the Global Flow AutoBorrow, cause Global Flow to pay) to the applicable Swing Line Lender any such amounts
when due and payable to such Swing Line Lender, such Swing Line Lender may upon notice to the Administrative Agent request the satisfaction of such obligation by the making of a Revolving Borrowing in the amount of any such amounts not paid when due
and payable. Upon such request, the Borrower shall be deemed to have requested the making of a Revolving Borrowing in the amount of such obligation and the transfer of the proceeds thereof to such Swing Line Lender. Such Revolving Borrowing shall
bear interest based upon the Adjusted Base Rate plus the Applicable Margin for Base Rate Advances. The Administrative Agent shall promptly forward notice of such Revolving Borrowing to the Borrower and the Lenders, and each Lender shall, regardless
of whether (A) the conditions in Section 3.2 have been met, (B) such notice complies with Section 2.4, or (C) a Default exists, make available such Lender’s ratable share of such Revolving Borrowing to the
Administrative Agent, and the Administrative Agent shall promptly deliver the proceeds thereof to the applicable Swing Line Lender for application to such amounts owed to such Swing Line Lender. The Borrower hereby unconditionally and irrevocably
authorizes, empowers, and directs the Swing Line Lenders to make such requests for Revolving Borrowings on behalf of the Borrower in accordance with this Section, and the Lenders to make Revolving Advances to the Administrative Agent for the benefit
of the Swing Line Lenders in satisfaction of such obligations. The Administrative Agent and each Lender may record and otherwise treat the making of such Revolving Borrowings as the making of a Revolving Borrowing to the Borrower under this
Agreement as if requested by the Borrower. Nothing herein is intended to release the Borrower’s obligations (or in the case of the Global Flow AutoBorrow, Global Flow’s obligations) with respect to Swing Line Advances, but only to provide
an additional method of payment therefor. The making of any Borrowing under this Section 2.3(c) shall not constitute a cure or waiver of any Default or Event of Default, other than the payment Default or Event of Default which is satisfied by
the application of the amounts deemed advanced hereunder, caused by the Borrower’s or Global Flow’s failure to comply with the provisions of this Agreement or any AutoBorrow Agreement. 

(ii) If at any time, the Commitments shall have expired or be terminated while any Swing Line Advance is outstanding, each
Lender, at the sole option of the applicable Swing Line Lender, shall either (A) notwithstanding the expiration or termination of the Commitments, make a Revolving Advance as a Base Rate Advance, or (B) be deemed, without further action by
any Person, to have purchased from such Swing Line Lender a participation in such Swing Line Advance, in either case in an amount equal to the product of such Lender’s Pro Rata Share times the outstanding aggregate principal balance of the
Swing Line Advances made by such Swing Line Lender. The Swing Line Lenders shall notify the Administrative Agent, and in turn, the Administrative Agent shall notify each such Lender of the amount of such Revolving Advance or

  
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participation, and such Lender will transfer to the Administrative Agent for the account of the applicable Swing Line Lender on the next Business Day following such notice, in Same Day Funds, the
amount of such Revolving Advance or participation. 
 (iii) If any such Lender shall not have so made its
Revolving Advance or its percentage participation available to the Administrative Agent pursuant to this Section 2.3, such Lender agrees to pay interest thereon for each day from such date until the date such amount is paid at the lesser of
(A) the Federal Funds Rate for such day for the first three days and thereafter the interest rate applicable to the Revolving Advance and (B) the Maximum Rate. Whenever, at any time after the Administrative Agent has received from any
Lender such Lender’s Revolving Advance or participating interest in a Swing Line Advance, the Administrative Agent receives any payment on account thereof, the Administrative Agent will pay to such Lender its participating interest in such
amount (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s Revolving Advance or participating interest was outstanding and funded), which payment shall be subject to repayment by
such Lender if such payment received by the Administrative Agent is required to be returned. Each Lender’s obligation to make the Revolving Advance or purchase such participating interests pursuant to this Section 2.3 shall be absolute and
unconditional and shall not be affected by any circumstance, including (1) any set-off, counterclaim, recoupment, defense or other right which such Lender or any other Person may have against any Swing Line Lender, the Administrative Agent or
any other Person for any reason whatsoever; (2) the occurrence or continuance of a Default or the termination of the Commitments; (3) any breach of this Agreement by the Borrower or any other Lender; or (4) any other circumstance,
happening or event whatsoever, whether or not similar to any of the foregoing. Each Swing Line Advance, once so participated by any Lender, shall cease to be a Swing Line Advance with respect to that amount for purposes of this Agreement, but shall
continue to be a Revolving Advance. 
 (d) Method of Borrowing. If an AutoBorrow Agreement is in effect, each Swing Line
Borrowing shall be made as provided in such AutoBorrow Agreement. Otherwise, and except as provided in the clause (c) above, each request for a Swing Line Advance shall be made pursuant to telephone notice to the Swing Line Lender given no
later than 1:00 p.m. (Houston, Texas time) (or such later time as accepted by the applicable Swing Line Lender) on the date of the proposed Swing Line Advance, promptly confirmed by a completed and executed Notice of Borrowing telecopied or
facsimiled to the Administrative Agent and the applicable Swing Line Lender. The applicable Swing Line Lender will promptly make the Swing Line Advance available to the Borrower (or in the case of the Global Flow AutoBorrow, to Global Flow) at the
Borrower’s account with the Administrative Agent or as otherwise directed by the Borrower (or in the case of the Global Flow AutoBorrow, by Global Flow) with written notice to the Administrative Agent. 

(e) Interest for Account of Swing Line Lender. Swing Line Lenders shall be responsible for invoicing the Borrower for interest on
the Swing Line Advances made by such Swing Line Lender (provided that any failure of a Swing Line Lender to provide such invoice shall not release the Borrower or Global Flow from its respective obligation to pay such interest). Until each
Lender funds its Revolving Advance or risk participation pursuant to clause (c) above, interest in respect of Lender’s Pro Rata Share of the Swing Line Advances shall be solely for the account of the applicable Swing Line Lender.

 (f) Payments Directly to Swing Line Lenders. The Borrower (or in the case of the Global Flow AutoBorrow, Global Flow)
shall make all payments of principal and interest in respect of the Swing Line Advances directly to the applicable Swing Line Lender. 

  
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 (g) Adjustments to Swing Line Sublimit Amount. If any Lender becomes a Defaulting
Lender or a Potential Defaulting Lender hereunder, at the Borrower’s option and with at least one Business Day’s prior written notice to the Administrative Agent and the Swing Line Lenders, the Borrower may decrease the Swing Line Sublimit
Amount to such lesser amount notified to the Administrative Agent and the Swing Line Lenders. If such election is made, then in the event that the Administrative Agent, the Borrower, and the Swing Line Lenders agree that all existing Defaulting
Lenders and Potential Defaulting Lenders have adequately remedied all matters that caused such Lenders to be Defaulting Lenders or Potential Defaulting Lenders, the Swing Line Sublimit Amount shall automatically, without further notice or action to
be taken by any party hereto, be increased back up to the Swing Line Sublimit Amount that was in effect prior to the Borrower’s election made pursuant to this clause (g). 
 Section 2.4 Advances. 
 (a) Notice. Each Borrowing (other than
the Borrowings to be made on the Effective Date and Swing Line Borrowings), shall be made pursuant to the Notice of Borrowing given not later than (i) 12:00 noon (Houston, Texas time) on the third Business Day before the date of the proposed
Borrowing, in the case of a Eurodollar Advance or (ii) 12:00 noon (Houston, Texas time) on the Business Day before the date of the proposed Borrowing, in the case of a Base Rate Advance, by the Borrower to the Administrative Agent, which shall
give to each Lender prompt notice of such proposed Borrowing, by facsimile or telex. Each Notice of Borrowing shall be by facsimile or telex, confirmed promptly by the Borrower with a hard copy (other than with respect to notice sent by facsimile),
(i) specifying the requested date of such Borrowing, (ii) specifying the requested Type and Class of Advances comprising such Borrowing, (iii) specifying the aggregate amount of such Borrowing, and (iv) if such Borrowing is to be
comprised of Eurodollar Advances, specifying the requested Interest Period for each such Advance; provided that, any and all Borrowings to be made on the Effective Date shall consists only of Base Rate Advances which may, subject to the terms of
this Agreement, be thereafter converted into Eurodollar Advances. In the case of a proposed Borrowing comprised of Eurodollar Advances, the Administrative Agent shall promptly notify each Lender of the applicable interest rate under
Section 2.8(b). Each Lender shall, before 12:00 noon (Houston, Texas time) on the date of such Borrowing, make available for the account of its applicable Lending Office to the Administrative Agent at its address referred to in
Section 9.9, or such other location as the Administrative Agent may specify by notice to the Lenders, in same day funds, such Lender’s Pro Rata Share of such Borrowing. After the Administrative Agent’s receipt of such funds and upon
fulfillment of the applicable conditions set forth in Article 3, the Administrative Agent will make such funds available to the Borrower at its account with the Administrative Agent or as otherwise directed by the Borrower with written notice
to the Administrative Agent. 
 (b) Conversions and Continuations. In order to elect to Convert or continue a Revolving
Advance under this paragraph, the Borrower shall deliver an irrevocable Notice of Continuation or Conversion to the Administrative Agent at the Administrative Agent’s office no later than 12:00 noon (Houston, Texas time) (i) on the
Business Day before the date of the proposed conversion date in the case of a Conversion to a Base Rate Advance and (ii) at least three Business Days in advance of the proposed Conversion or continuation date in the case of a Conversion to, or
a continuation of, a Eurodollar Advance. Each such Notice of Conversion or Continuation shall be in writing or by telex or facsimile confirmed promptly by the Borrower with a hard copy (other than with respect to notice sent by facsimile),
specifying (i) the requested Conversion or continuation date (which shall be a Business Day), (ii) the amount, Type, and Class of the Advance to be Converted or continued, (iii) whether a Conversion or continuation is requested and,
if a Conversion, into what Type of Advance, and (iv) in the case of a Conversion to, or a continuation of, a Eurodollar Advance, the requested Interest Period. Promptly after receipt of a Notice of Conversion or Continuation under this
paragraph, the Administrative Agent shall 

  
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provide each Lender with a copy thereof and, in the case of a Conversion to or a Continuation of a Eurodollar Advance, notify each Lender of the applicable interest rate under
Section 2.8(b). The portion of Advances comprising part of the same Borrowing that are converted to Advances of another Type shall constitute a new Borrowing. 
 (c) Certain Limitations. Notwithstanding anything in paragraphs (a) and (b) above: 
 (i) at no time shall there be more than six Interest Periods applicable to outstanding Eurodollar Advances; 
 (ii) the Borrower may not select Eurodollar Advances for any Borrowing at any time when an Event of Default has occurred and is continuing; 

(iii) if any Lender shall, at least one Business Day before the date of any requested Borrowing, notify the Administrative
Agent (which notice the Administrative Agent shall promptly deliver to the Borrower) that the introduction of or any change in or in the interpretation of any law or regulation makes it unlawful, or that any central bank or other governmental
authority asserts that it is unlawful, for such Lender or its applicable Lending Office to perform its obligations under this Agreement to make Eurodollar Advances or to fund or maintain Eurodollar Advances, (A) the obligation of such Lender to make
such Eurodollar Advance as part of the requested Borrowing or for any subsequent Borrowing shall be suspended until such Lender shall notify the Borrower that the circumstances causing such suspension no longer exist and such Lender’s portion
of such requested Borrowing or any subsequent Borrowing of Eurodollar Advances shall be made in the form of a Base Rate Advance, and (B) such Lender agrees to use commercially reasonable efforts (consistent with its internal policies and legal
and regulatory restrictions) to designate a different Lending Office if the making of such designation (i) would eliminate the restriction on such Lender described above, and (ii) would not subject such Lender to any unreimbursed cost or
expense and would not otherwise be disadvantageous to such Lender; 
 (iv) if the Administrative Agent is unable
to determine the Eurodollar Rate for Eurodollar Advances comprising any requested Borrowing, the right of the Borrower to select Eurodollar Advances for such Borrowing or for any subsequent Borrowing shall be suspended until the Administrative Agent
shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist, and each Advance comprising such Borrowing shall be a Base Rate Advance; 

(v) if the Majority Lenders shall, at least one Business Day before the date of any requested Borrowing, notify the
Administrative Agent that the Eurodollar Rate for Eurodollar Advances comprising such Borrowing will not adequately reflect the cost to such Lenders of making or funding their respective Eurodollar Advances, as the case may be, for such Borrowing,
the right of the Borrower to select Eurodollar Advances for such Borrowing or for any subsequent Borrowing shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no
longer exist, and each Advance comprising such Borrowing shall be a Base Rate Advance; and 
 (vi) if the
Borrower shall fail to select the duration or continuation of any Interest Period for any Eurodollar Advances in accordance with the provisions contained in the definition of Interest Period in Section 1.1 and paragraph (b) above, the
Administrative Agent will forthwith so notify the Borrower and the Lenders and such Advances will be made available to the 

  
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Borrower on the date of such Borrowing as Base Rate Advances or, if an existing Eurodollar Advance, Convert into a Base Rate Advance. 

(d) Notices Irrevocable. Each Notice of Borrowing and Notice of Continuation or Conversion delivered by the Borrower hereunder,
including its deemed request for borrowing made under Section 2.2(c) or Section 2.3(c), shall be irrevocable and binding on the Borrower. 
 (e) Administrative Agent Reliance. Unless the Administrative Agent shall have received notice from a Lender before the date of any Revolving Borrowing that such Lender will not make available to
the Administrative Agent such Lender’s applicable pro rata share of any Borrowing, the Administrative Agent may assume that such Lender has made its applicable pro rata share of such Borrowing available to the Administrative Agent on the date
of such Borrowing in accordance with Section 2.4(a), and the Administrative Agent may, in reliance upon such assumption, make available to the Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so
made its applicable pro rata share of such Borrowing available to the Administrative Agent, such Lender and the Borrower severally agree to immediately repay to the Administrative Agent on demand such corresponding amount, together with interest on
such amount, for each day from the date such amount is made available to the Borrower until the date such amount is repaid to the Administrative Agent, at (i) in the case of the Borrower, the Adjusted Base Rate plus the Applicable Margin; and
(ii) in the case of such Lender, the lesser of (A) the Federal Funds Rate for such day and (B) the Maximum Rate. If such Lender shall repay to the Administrative Agent such corresponding amount and interest as provided above, such
corresponding amount so repaid shall constitute such Lender’s Advance as part of such Borrowing for purposes of this Agreement even though not made on the same day as the other Advances comprising such Borrowing. 

Section 2.5 Prepayments. 
 (a) Right to Prepay; Ratable Prepayment. The Borrower shall have no right to prepay any principal amount of any Advance except as provided in this Section 2.5, Section 2.1(b)(ii),
Section 2.3(b) and Section 2.14, and all notices given pursuant to this Section 2.5 shall be irrevocable and binding upon the Borrower; provided that, if a notice of prepayment is given in connection with a conditional notice of
termination of the Commitments as contemplated by Section 2.1(b), then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.1(b). Each payment of any Advance pursuant to this
Section 2.5 shall be made in a manner such that all Advances comprising part of the same Borrowing are paid in whole or ratably in part other than Advances owing to a Defaulting Lender as provided in Section 2.16 or
Section 2.1(b)(ii). 
 (b) Optional. The Borrower may elect to prepay any of the Advances without penalty or premium
except as set forth in Section 2.10 and after giving by 12:00 noon (Houston, Texas time) (i) in the case of Eurodollar Advances, at least three Business Days’ or (ii) in case of Base Rate Advances, one Business Day’s prior
written notice to the Administrative Agent stating the proposed date and aggregate principal amount of such prepayment. If any such notice is given, the Borrower shall prepay Advances comprising part of the same Borrowing in whole or ratably in part
in an aggregate principal amount equal to the amount specified in such notice, together with accrued interest to the date of such prepayment on the principal amount prepaid and amounts, if any, required to be paid pursuant to Section 2.10
as a result of such prepayment being made on such date; provided that (A) each optional prepayment of Eurodollar Advances shall be in a minimum amount not less than $1,000,000 and in multiple integrals of $500,000 in excess thereof,
(B) each optional prepayment of Base Rate Advances shall be in a minimum amount not less than $500,000 and in multiple integrals of $100,000 in excess thereof and (C) each optional prepayment of Swing Line Advances shall be in a minimum
amount not less than $250,000 and in multiple integrals of $50,000 in excess thereof, except as otherwise set forth in any AutoBorrow 

  
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Agreement. If an AutoBorrow Agreement is in effect, each prepayment of Swing Line Advances shall be made as provided in such AutoBorrow Agreement. 

(c) Mandatory. 
 (i) If, on any Business Day, the sum of (A) the outstanding Advances plus (B) the Dollar Equivalent of the Letter of Credit Exposure exceeds the aggregate Commitments, then the Borrower shall,
on such Business Day, to the extent of such excess, first prepay to the Swing Line Lenders the outstanding principal amount of the Swing Line Advances on a pro rata basis, second prepay to the Lenders on a pro rata basis the outstanding principal
amount of the Revolving Advances; and third make deposits into the Cash Collateral Account to provide cash collateral in the remaining amount of such excess (if any) for the Letter of Credit Exposure. 

(ii) If an increase in the aggregate Commitments is effected as permitted under Section 2.15 the Borrower shall
prepay any Revolving Advances outstanding on the date such increase is effected to the extent necessary to keep the outstanding Revolving Advances ratable to reflect the revised pro rata shares of the Lenders arising from such increase. Any
prepayment made by Borrower in accordance with this clause (c) may be made with the proceeds of Revolving Advances made by all the Lenders in connection such increase occurring simultaneously with the prepayment. 

(d) Interest; Costs. Each prepayment pursuant to this Section 2.5 shall be accompanied by accrued interest on the amount
prepaid to the date of such prepayment and amounts, if any, required to be paid pursuant to Section 2.10 as a result of such prepayment being made on such date. 
 Section 2.6 Repayment. The Borrower shall pay to the Administrative Agent for the ratable benefit of each Lender the aggregate outstanding principal amount of the Revolving Advances on the
Maturity Date. Each Swing Line Advance shall be paid in full on the Swing Line Payment Date. 
 Section 2.7 Fees.

 (a) Commitment Fees. The Borrower agrees to pay to the Administrative Agent for the account of each Lender a
commitment fee (the “Commitment Fee”) on the average daily amount by which (i) such Lender’s Commitment exceeds (ii) the sum of such Lender’s outstanding Revolving Advances plus such Lender’s Pro Rata Share
of the Dollar Equivalent of the Letter of Credit Exposure, at the per annum rate equal to the Applicable Margin for Commitment Fees for such period; provided that, no such Commitment Fee shall accrue on the Commitment of a Defaulting Lender
during the period such Lender remains a Defaulting Lender. Such Commitment Fee is due quarterly in arrears on March 31, June 30, September 30, and December 31 of each year commencing on September 30, 2010, and on
the Maturity Date. For purposes of this Section 2.7(a) only, Swing Line Advances shall not reduce the amount of the unused Commitment. 
 (b) Fees for Letters of Credit. The Borrower agrees to pay the following: 
 (i) Subject to Section 2.16, to the Administrative Agent for the pro rata benefit of the Lenders a per annum letter of credit fee for each Letter of Credit issued hereunder, for the period such
Letter of Credit is outstanding, in an amount equal to the greater of (A) the Applicable Margin for Eurodollar Advances per annum on the Dollar Equivalent of the face amount of such Letter of Credit, and (B) $600.00 per Letter of Credit.
Such fee shall be due and payable quarterly in arrears on March 31, June 30, September 30, and December 31 of each year, and on the Maturity Date. 

  
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 (ii) To each Issuing Lender, a fronting fee for each Letter of Credit
issued, increased or extended by such Issuing Lender, equal to the greater of (A) 0.125% per annum on the face amount of such Letter of Credit and (B) $600.00. Such fee shall be due and payable in advance on the date of the issuance
of the Letter of Credit, and, in the case of an increase or extension only, on the date of such increase or such extension. 
 (iii) To each Issuing Lender, an additional fronting fee for each commercial Letter of Credit equal to an amount agreed to between the Borrower and such Issuing Lender. Such fee shall be due and payable
in advance on the date of the issuance of the Letter of Credit in writing, and, in the case of an increase or extension only, on the date of such increase or such extension. 

(iv) To each Issuing Lender such other usual and customary fees associated with any transfers, amendments, drawings,
negotiations, issuances or reissuances of any Letters of Credit issued by such Issuing Lender. Such fees shall be due and payable as requested by the applicable Issuing Lender in accordance with such Issuing Lender’s then current fee policy.

 The Borrower shall have no right to any refund of letter of credit fees previously paid by the Borrower, including any refund claimed because
any Letter of Credit is canceled prior to its expiration date. 
 (c) Administrative Agent Fee. The Borrower agrees to
pay the fees to the Administrative Agent as set forth in the Fee Letter. 
 Section 2.8 Interest. 

(a) Base Rate Advances. Each Base Rate Advance shall bear interest at the Adjusted Base Rate in effect from time to time
plus the Applicable Margin for Base Rate Advances for such period. The Borrower shall pay to Administrative Agent for the ratable account of each Lender all accrued but unpaid interest on such Lender’s Base Rate Advances on each
March 31, June 30, September 30, and December 31 commencing on September 30, 2010, and on the Maturity Date. The Swing Line Advances shall bear interest only at the Adjusted Base Rate plus the Applicable Margin for
Base Rate Advances or such other per annum rate to be agreed to between the Borrower and the applicable Swing Line Lender. 

(b) Eurodollar Advances. Each Eurodollar Advance shall bear interest during its Interest Period equal to at all times the
Eurodollar Rate for such Interest Period plus the Applicable Margin for Eurodollar Advances for such period. The Borrower shall pay to the Administrative Agent for the ratable account of each Lender all accrued but unpaid interest on each of
such Lender’s Eurodollar Advances on the last day of the Interest Period therefor (provided that for Eurodollar Advances with six month Interest Periods, or, if agreed to by all Lenders, 12 month Interest Periods, accrued but unpaid interest
shall also be due every three months from the first day of such Interest Period), on the date any Eurodollar Advance is repaid, and on the Maturity Date. 
 (c) Retroactive Adjustments of Applicable Margin. In the event that any financial statement or Compliance Certificate delivered pursuant to Section 5.2 is shown to be inaccurate (regardless of
whether this Agreement or the Commitments are in effect when such inaccuracy is discovered), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any period (an “Applicable Period”)
than the Applicable Margin applied for such Applicable Period, then (i) the Borrower shall promptly deliver to the Administrative Agent a corrected Compliance Certificate for such Applicable Period, (ii) the Applicable Margin shall be
determined as if the higher Applicable Margin that would have applied were applicable for such Applicable Period (and in any event at Level I if the inaccuracy was the result of intentional dishonesty, fraud or willful misconduct), and
(iii) the Borrower shall promptly, without further action by the Administrative Agent, any Lender or any Issuing Lender, 

  
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pay to the Administrative Agent for the account of the applicable Lenders, the accrued additional interest owing as a result of such increased Applicable Margin for such Applicable Period. This
Section 2.8(c) shall not limit the rights of the Administrative Agent and Lenders with respect to the default rate of interest as set forth in Section 2.8(d) below or Article 7. The Borrower’s obligations under this
Section 2.8(c) shall survive the termination of the Commitments and the repayment of all other Secured Obligations hereunder. 
 (d) Default Rate. Notwithstanding the foregoing, (a) upon the occurrence and during the continuance of an Event of Default under Section 7.1(a), all overdue amounts shall bear interest,
after as well as before judgment, at the Default Rate and (b) upon the occurrence and during the continuance of any Event of Default (including under Section 7.1(a)), upon the request of the Majority Lenders, all Obligations shall bear
interest, after as well as before judgment, at the Default Rate. Interest accrued pursuant to this Section 2.8(d) and all interest accrued but unpaid on or after the Maturity Date shall be due and payable on demand. 

Section 2.9 Illegality. If any Lender shall notify the Borrower that the introduction of or any change in or in the
interpretation of any law or regulation makes it unlawful, or that any central bank or other governmental authority asserts that it is unlawful, for such Lender or its applicable Lending Office to perform its obligations under this Agreement to
make, maintain, or fund any Eurodollar Advances of such Lender then outstanding hereunder, (a) the Borrower shall, no later than 12:00 noon (Houston, Texas, time) (i) if not prohibited by law, on the last day of the Interest Period for
each outstanding Eurodollar Advance or (ii) if required by such notice, on the second Business Day following its receipt of such notice, prepay all of the Eurodollar Advances of such Lender then outstanding, together with accrued interest on
the principal amount prepaid to the date of such prepayment and amounts, if any, required to be paid pursuant to Section 2.10 as a result of such prepayment being made on such date, (b) such Lender shall simultaneously make a Base Rate
Advance to the Borrower on such date in an amount equal to the aggregate principal amount of the Eurodollar Advances prepaid to such Lender, and (c) the right of the Borrower to select Eurodollar Advances from such Lender for any subsequent
Borrowing shall be suspended until such Lender shall notify the Borrower that the circumstances causing such suspension no longer exist. Each Lender agrees to use commercially reasonable efforts (consistent with its internal policies and legal and
regulatory restrictions) to designate a different Lending Office if the making of such designation would avoid the effect of this paragraph and would not, in the reasonable judgment of such Lender, be otherwise disadvantageous to such Lender.

 Section 2.10 Breakage and Other Costs. Within 5 Business Days of demand made by any Lender to the Borrower (with
a copy to the Administrative Agent) from time to time, the Borrower shall compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: 

(a) any continuation, conversion, payment or prepayment (including any deemed payment or repayment and any reallocated repayment to
Non-Defaulting Lenders provided for in Section 2.12(a) or Section 2.16) of any Advance other than a Base Rate Advance on a day other than the last day of the Interest Period for such Advance (whether voluntary, mandatory, automatic, by
reason of acceleration, or otherwise); 
 (b) any failure by the Borrower (for a reason other than the failure of such Lender to
make an Advance) to prepay, borrow, continue or convert any Advance other than a Base Rate Advance on the date or in the amount notified by the Borrower; 
 (c) any payment by the Borrower of reimbursement drawings under any Foreign Currency L/C in a currency other than such Foreign Currency; or 

  
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 (d) any assignment of an Eurodollar Advance on a day other than the last day of the Interest
Period therefor as a result of a request by the Borrower pursuant to Section 2.14; 
 including any loss of anticipated profits, any
foreign exchange losses and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such Advance, from fees payable to terminate the deposits from which such funds were obtained or from the performance of
any foreign exchange contract. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the foregoing. For purposes of calculating amounts payable by the Borrower to the Lenders under this
Section 2.10, the requesting Lender shall be deemed to have funded the Eurodollar Advances made by it at the Eurodollar Base Rate used in determining the Eurodollar Rate for such Advance by a matching deposit or other borrowing in the offshore
interbank market for Dollars for a comparable amount and for a comparable period, whether or not such Eurodollar Advance was in fact so funded. Any notice delivered by the Administrative Agent (including on behalf of any Lender providing such notice
to the Administrative Agent) setting forth in reasonable detail any amount or amounts that such Lender is entitled to receive pursuant to this Section 2.10 shall be delivered to Borrower and shall be conclusive and binding absent manifest
error. 
 Section 2.11 Increased Costs. 
 (a) Eurodollar Advances. If any Change in Law shall: 
 (i)
impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve
requirement reflected in the Eurodollar Rate) or any Issuing Lender; 
 (ii) subject any Lender or any Issuing
Lender to any tax of any kind whatsoever with respect to this Agreement, any Letter of Credit, any participation in a Letter of Credit or any Eurodollar Advance made by it, or change the basis of taxation of payments to such Lender or such Issuing
Lender in respect thereof (except for Indemnified Taxes or Other Taxes covered by Section 2.13 and the imposition of, or any change in the rate of, any Excluded Tax payable by such Lender or such Issuing Lender); or 

(iii) impose on any Lender or any Issuing Lender or the London interbank market any other condition, cost or expense
affecting this Agreement or Eurodollar Advances made by such Lender or any Letter of Credit or participation therein; 
 and the result of any
of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Advance (or of maintaining its obligation to make any such Advance), or to increase the cost to such Lender or such Issuing Lender of participating
in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or such Issuing Lender hereunder (whether
of principal, interest or any other amount) then, upon request of such Lender or such Issuing Lender, the Borrower shall pay to such Lender or such Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender
or such Issuing Lender, as the case may be, for such additional costs incurred or reduction suffered. 
 (b) Capital
Adequacy. If any Lender or Issuing Lender determines that any Change in Law affecting such Lender or Issuing Lender or any lending office of such Lender or such Lender’s or such Issuing Lender’s holding company, if any, regarding
capital requirements has or would have the effect of reducing the rate of return on such Lender’s or such Issuing Lender’s capital or on the capital of such 

  
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Lender’s or such Issuing Lender’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Advances made by, or participations in Letters of
Credit held by, such Lender, or the Letters of Credit issued by such Issuing Lender, to a level below that which such Lender or such Issuing Lender or such Lender’s or such Issuing Lender’s holding company could have achieved but for such
Change in Law (taking into consideration such Lender’s or such Issuing Lender’s policies and the policies of such Lender’s or such Issuing Lender’s holding company with respect to capital adequacy), then from time to time the
Borrower shall pay to such Lender or such Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender or such Issuing Lender or such Lender’s or such Issuing Lender’s holding company for any such
reduction suffered. 
 (c) Certificates for Reimbursement. A certificate of a Lender or an Issuing Lender setting forth
in reasonable detail the amount or amounts necessary to compensate such Lender or such Issuing Lender or its holding company, as the case may be, as specified in paragraph (a) or (b) of this Section and delivered to the Borrower shall be
conclusive absent manifest error. The Borrower shall pay to the Administrative Agent for the account of such Lender or such Issuing Lender, as the case may be, the amount shown as due on any such certificate within 10 days after receipt thereof.

 (d) Delay in Requests. Failure or delay on the part of any Lender or Issuing Lender to demand compensation pursuant to
this Section 2.11 shall not constitute a waiver of such Lender’s or such Issuing Lender’s right to demand such compensation, provided that the Borrower shall not be required to compensate a Lender or Issuing Lender pursuant to
this Section 2.11 for any increased costs incurred or reductions suffered more than 180 days prior to the date that such Lender or Issuing Lender, as the case may be, notifies the Borrower and the Administrative Agent of the Change in Law
giving rise to such increased costs or reductions and of such Lender’s or Issuing Lender’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then
the 180 day period referred to above shall be extended to include the period of retroactive effect thereof). 
 (e)
Designation of a Different Lending Office. If any Lender requests compensation under this Section 2.11 then such Lender shall use commercially reasonable efforts to designate a different lending office for funding or booking its Loans
hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to this
Section 2.11 in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses incurred
by any Lender in connection with any such designation or assignment. 
 Section 2.12 Payments and Computations.

 (a) Payments. Except as otherwise expressly provided herein, all payments of principal, interest, and other amounts to
be made by the Borrower under this Agreement and other Credit Documents shall be made to the Administrative Agent in Dollars and in Same Day Funds, without setoff, deduction, or counterclaim; provided that, the Borrower may setoff amounts owing to
any Lender that is at such time a Defaulting Lender against Advances that such Defaulting Lender failed to the fund to the Borrower under this Agreement (the “Unfunded Advances”) so long as (i) the Borrower shall have delivered
prior written notice of such setoff to the Administrative Agent and such Defaulting Lender, (ii) the Advances made by the Lenders (other than such Defaulting Lender) as part of the original Borrowing to which the Unfunded Advances applied shall
still be outstanding, (iii) if such Defaulting Lender failed to fund Advances under more than one Borrowing, such setoff shall be applied in a manner satisfactory to the Administrative Agent, and (iv) upon the application of such setoff,
the Unfunded Advances shall be deemed to have been made by such Defaulting Lender on the effective date of such setoff. 

  
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 (b) Payment Procedures. The Borrower shall make each payment under this Agreement not
later than 12:00 noon (Houston, Texas time) on the day when due in Dollars to the Administrative Agent at the location referred to in Schedule II (or such other location as the Administrative Agent shall designate in writing to the Borrower) in same
day funds. The Administrative Agent will promptly thereafter, and in any event prior to the close of business on the day any timely payment is made, cause to be distributed like funds relating to the payment of principal, interest or fees ratably
(other than amounts payable solely to the Administrative Agent, a specific Issuing Lender or a specific Lender pursuant to Sections 2.2, 2.3, 2.9, 2.10, 2.11, 2.13, 2.14, 9.1, and 9.2 but after taking into account payments effected pursuant to
Section 7.4) in accordance with each Lender’s applicable pro rata share to the Lenders for the account of their respective applicable Lending Offices, and like funds relating to the payment of any other amount payable to any Lender to such
Lender for the account of its applicable Lending Office, in each case to be applied in accordance with the terms of this Agreement. Upon receipt of other amounts due solely to the Administrative Agent, a specific Issuing Lender, a specific Swing
Line Lender, or a specific Lender, the Administrative Agent shall distribute such amounts to the appropriate party to be applied in accordance with the terms of this Agreement. 

(c) Non-Business Day Payments. Whenever any payment shall be stated to be due on a day other than a Business Day, such payment
shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or fees, as the case may be; provided that if such extension would cause payment of
interest on or principal of Eurodollar Advances to be made in the next following calendar month, such payment shall be made on the immediately preceding Business Day. 
 (d) Computations. All computations of interest for Base Rate Advances (other than Base Rate Advances based on the Federal Funds Rate or a One Daily One-Month LIBOR) shall be made by the
Administrative Agent on the basis of a year of 365/366 days and all computations of all other interest and fees shall be made by the Administrative agent on the basis of a year of 360 days, in each case for the actual number of days (including the
first day, but excluding the last day) occurring in the period for which such interest or fees are payable. Each determination by the Administrative Agent of an amount of interest or fees shall be conclusive and binding for all purposes, absent
manifest error. 
 (e) Sharing of Payments, Etc. If any Lender shall, by exercising any right of setoff or counterclaim
or otherwise, obtain payment in respect of any principal of or interest on any of its Advances or other obligations hereunder resulting in such Lender’s receiving payment of a proportion of the aggregate amount of its Advances and accrued
interest thereon or other such obligations greater than its pro rata share thereof as provided herein (other than as a result of a termination of a Defaulting Lender’s Commitment under Section 2.1(b)(ii), the setoff right of the Borrower
under clause (a) above, or the non-pro rata application of payments provided in the penultimate sentence of this clause (e)), then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and
(b) purchase (for cash at face value) participations in the Advances and such other obligations of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders
ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them, provided that: (i) if any such participations are purchased and all or any portion of the payment
giving rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest; and (ii) the provisions of this paragraph shall not be construed to apply to (x) any
payment made by the Borrower pursuant to and in accordance with the express terms of this Agreement or (y) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Advances or
participations in Letter of Credit Obligations to any assignee or participant, other than to the Borrower, any Subsidiary or Affiliate thereof (as to which the provisions of this paragraph shall apply). If a Lender fails to fund a Revolving Advance
with respect to a Borrowing as and when required 

  
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hereunder and the Borrower subsequently makes a repayment of any Revolving Advances, then, after taking into account any setoffs made pursuant to Section 2.12(a) above, such payment shall be
applied among the non-defaulting Lenders ratably in accordance with their respective Commitment percentages until each Lender (including any Lender that is at such time a Defaulting Lender) has its percentage of all of the outstanding Revolving
Advances and the balance of such repayment shall be applied among the Lenders in accordance with their Pro Rata Share. Each Credit Party consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any
Lender acquiring a participation pursuant to the foregoing arrangements may exercise against each Credit Party rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of each Credit
Party in the amount of such participation. 
 Section 2.13 Taxes. 

(a) No Deduction for Certain Taxes. Any and all payments by or on account of any obligation of any Credit Party hereunder or under
any other Credit Document shall be made free and clear of and without reduction or withholding for any Indemnified Taxes or Other Taxes, provided that if a Credit Party shall be required by applicable Legal Requirement to deduct any Indemnified
Taxes (including any Other Taxes) from such payments, then (i) the sum payable shall be increased as necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the
Administrative Agent, Lender or Issuing Lender, as the case may be, receives an amount equal to the sum it would have received had no such deductions been made, (ii) the Credit Party shall make such deductions and (iii) the Credit Party
shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with applicable Legal Requirement. 
 (b) Other Taxes. Without limiting the provisions of paragraph (a) above, the Borrower shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable
Legal Requirement. 
 (c) Indemnification. The Borrower shall indemnify the Administrative Agent, each Lender and each
Issuing Lender, within 10 days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) paid by the
Administrative Agent, such Lender or such Issuing Lender, as the case may be, and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by
the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender or such Issuing Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf
or on behalf of a Lender or such Issuing Lender, shall be conclusive absent manifest error. Failure or delay on the part of the Administrative Agent, any Lender or any Issuing Lender to demand payment pursuant to this Section shall not constitute a
waiver of such Person’s right to demand such payment; provided that, no Administrative Agent, Lender or Issuing Lender shall be indemnified for any Indemnified Taxes or Other Taxes the demand for which is made to the Borrower later than
one year after the later of (i) the date on which the relevant Governmental Authority makes written demand upon the Administrative Agent, Lender or Issuing Lender for payment of such Indemnified Taxes or Other Taxes, and (ii) the date on
which such Administrative Agent, Lender or Issuing Lender has made payment of such Indemnified Taxes or Other Taxes; provided that if the Indemnified Taxes or Other Taxes imposed or asserted giving rise to such claims are retroactive, then the
one-year period referred to above shall be extended to include the period of retroactive effect thereof. 
 (d) Evidence of
Tax Payments. As soon as practicable after any payment of Indemnified Taxes or Other Taxes by a Credit Party to a Governmental Authority, the Borrower shall deliver to the Administrative Agent the original or a certified copy of a receipt issued
by such Governmental Authority 

  
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evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent. 

(e) Status of Lenders. Any Foreign Lender that is entitled to an exemption from or reduction of withholding tax under the law of
the jurisdiction in which the Borrower is resident for tax purposes, or any treaty to which such jurisdiction is a party, with respect to payments hereunder or under any other Credit Document shall deliver to the Borrower (with a copy to the
Administrative Agent), at the time or times prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation prescribed by applicable law as will permit such
payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or reasonably
requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements. Without limiting the
generality of the foregoing, in the event that the Borrower is resident for tax purposes in the United States of America, any Foreign Lender shall deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested
by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent, but only if such Foreign Lender is legally
entitled to do so), whichever of the following is applicable: 
 (i) duly completed copies of Internal Revenue
Service Form W-8BEN claiming eligibility for benefits of an income tax treaty to which the United States of America is a party, 
 (ii) duly completed copies of Internal Revenue Service Form W-8ECI, 

(iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under
Section 881(c) of the Code, (x) a certificate to the effect that such Foreign Lender is not (A) a “bank” within the meaning of Section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the
Borrower within the meaning of Section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code and (y) duly completed copies of Internal Revenue Service Form
W-8BEN, or 
 (iv) any other form prescribed by applicable law as a basis for claiming exemption from or a
reduction in United States Federal withholding tax duly completed together with such supplementary documentation as may be prescribed by applicable law to permit the Borrower to determine the withholding or deduction required to be made. 

(f) FATCA. In the case of the Administrative Agent, a Lender or an Issuing Lender that would be subject to withholding tax imposed
by FATCA on payments made on account of any obligation of the Borrower hereunder if such Administrative Agent, Lender or Issuing Lender fails to comply with the applicable reporting requirements of FATCA (including those contained in
Section 1471(b) or 1472(b) of the Code, as applicable), such Administrative Agent, Lender or Issuing Lender, as the case may be, shall provide such documentation prescribed by applicable law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower to comply with its obligations under FATCA, to determine that such
Administrative Agent, Lender or Issuing Lender, as the case may be, has complied with such Administrative Agent’s, Lender’s or Issuing Lender’s obligations under FATCA. 

  
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 (g) Treatment of Certain Refunds. If the Administrative Agent, a Lender or an Issuing
Lender determines, in its sole discretion, that it has received a refund of any Taxes or Other Taxes as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this Section, it
shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section with respect to the Taxes or Other Taxes giving rise to such refund), net of
all out-of-pocket expenses of the Administrative Agent, such Lender or such Issuing Lender, as the case may be, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund), provided
that the Borrower, upon the request of the Administrative Agent, such Lender or such Issuing Lender, agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other charges imposed by the relevant Governmental Authority)
to the Administrative Agent, such Lender or such Issuing Lender in the event the Administrative Agent, such Lender or such Issuing Lender is required to repay such refund to such Governmental Authority. This paragraph shall not be construed to
require the Administrative Agent, any Lender or any Issuing Lender to make available its tax returns (or any other information relating to its taxes that it deems confidential) to the Borrower or any other Person. 

(h) Designation of a Different Lending Office. If any Lender requires the Borrower to pay any additional amount to any Lender or
any Governmental Authority for the account of any Lender pursuant to this Section 2.13, then such Lender shall use commercially reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign
its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to this Section 2.13 in the
future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in
connection with any such designation or assignment. 
 Section 2.14 Replacement of Lenders. If (a) the Borrower
is required pursuant to Section 2.11 or 2.13 to make any additional payment to any Lender, (b) any Lender’s obligation to make or continue, or to convert Base Rate Advances into, Eurodollar Advances shall be suspended pursuant to
2.4(c)(iii) or 2.9, (c) any Lender is a Non-Consenting Lender, or (d) any Lender is a Defaulting Lender (any such Lender described in any of the preceding clauses (a) – (d), being a “Subject Lender”), then
(i) in the case of a Defaulting Lender, the Administrative Agent may, upon notice to the Subject Lender and the Borrower, require such Defaulting Lender to assign and delegate, without recourse (in accordance with and subject to the
restrictions contained in, and consents required by, Section 9.7), all of its interests, rights and obligations under this Agreement and the related Credit Documents as a Lender to an Eligible Assignee that shall assume such obligations (which
assignee may be another Lender, if a Lender accepts such assignment) and (ii) in the case of any Subject Lender, the Borrower may, upon notice to the Subject Lender and the Administrative Agent and at the Borrower’s sole cost and expense,
require such Subject Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 9.7), all of its interests, rights and obligations under this Agreement and
the related Credit Documents to an Eligible Assignee that shall assume such obligations (which Eligible Assignee may be another Lender, if a Lender accepts such assignment), provided that, in any event 

(A) as to assignments required by the Borrower, the Borrower shall have paid to the Administrative Agent the assignment fee specified in
Section 9.7; 
 (B) such Subject Lender shall have received payment of an amount equal to the outstanding principal of its
applicable Advances and participations in outstanding Letter of Credit Obligations, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Credit Documents (including any amounts under
Section 2.10) from the assignee (to the extent 

  
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of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts); 
 (C) in the case of any such assignment resulting from a claim for compensation under Section 2.13, such assignment will result in a reduction in such compensation or payments thereafter; 

(D) such assignment does not conflict with applicable Legal Requirements; and 

(E) in the case of any such assignment resulting from a Lender becoming a Non-Consenting Lender, the applicable assignee shall have agreed
to the applicable departure, waiver or amendment of the Credit Documents. 
 A Lender shall not be required to make any such assignment or
delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. Solely for purposes of effecting any assignment involving a
Defaulting Lender under this Section 2.14 and to the extent permitted under applicable Legal Requirements, each Lender hereby designates and appoints the Administrative Agent as true and lawful agent and attorney-in-fact, with full power and
authority, for and on behalf of and in the name of such Lender to execute, acknowledge and deliver the Assignment and Acceptance required hereunder if such Lender is a Defaulting Lender and such Lender shall be bound thereby as fully and effectively
as if such Lender had personally executed, acknowledged and delivered the same. In lieu of the Borrower or the Administrative Agent replacing a Defaulting Lender as provided in this Section 2.14, the Borrower may terminate such Defaulting
Lender’s applicable Commitment as provided in Section 2.1(b)(ii). 
 Section 2.15 Increase in Commitments.

 (a) At any time prior to the Business Day immediately preceding the Maturity Date, the Borrower may effectuate one or more
increases in the aggregate Commitments (each such increase being a “Commitment Increase”), by designating either one or more of the existing Lenders (each of which, in its sole discretion, may determine whether and to what degree to
participate in such Commitment Increase) or one or more other Eligible Assignees that at the time agree, in the case of any such Eligible Assignee that is an existing Lender to increase its Commitment as such Lender shall so select (an
“Increasing Lender”) and, in the case of any other Eligible Assignee that is not an existing Lender (an “Additional Lender”), to become a party to this Agreement as a Lender; provided, however, that
(i) each such Commitment Increase shall be equal to at least $25,000,000, (ii) all Commitments and Revolving Advances provided pursuant to a Commitment Increase shall be available on the same terms as those applicable to the existing
Commitments and Revolving Advances except as to upfront fees which may be as agreed to between the Borrower and such Increasing Lender or Additional Lender, as the case may be, and (iii) the aggregate of all such Commitment Increases shall not
exceed $150,000,000. The Borrower shall provide prompt notice of such proposed Commitment Increase pursuant to this Section 2.15 to the Administrative Agent and the Lenders. This Section 2.15 shall not be construed to create any obligation
on the Administrative Agent or any of the Lenders to advance or to commit to advance any credit to the Borrower or to arrange for any other Person to advance or to commit to advance any credit to the Borrower. 

(b) The Commitment Increase shall become effective on the date (the “Increase Date”) on or prior to which each of
following conditions shall have been satisfied: (i) the receipt by the Administrative Agent of (A) an agreement in form and substance reasonably satisfactory to the Administrative Agent signed by the Borrower, each Increasing Lender and/or
each Additional Lender, setting forth the Commitments, if any, of each such Increasing Lender and/or Additional Lender and, if applicable, setting forth the agreement of each Additional Lender to become a party to this Agreement and to be bound by

  
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all the terms and provisions hereof binding upon each Lender, and (B) such evidence of appropriate authorization on the part of the Borrower with respect to such Commitment Increase and such
legal opinions as the Administrative Agent may reasonably request, (ii) the funding by each Increasing Lender and Additional Lender of the Advances to be made by each such Lender to effect the prepayment requirement set forth in
Section 2.5(c)(ii), (iii) receipt by the Administrative Agent of a certificate of an authorized officer of the Borrower certifying (A) both before and after giving effect to such Commitment Increase, no Default has occurred and is
continuing, (B) all representations and warranties made by the Borrower in this Agreement are true and correct in all material respects(except that such materiality qualifier shall not be applicable to any representations and warranties that
already are qualified or modified by materiality in the text thereof), unless such representation or warranty relates to an earlier date which remains true and correct in all material respects as of such earlier date (except that such materiality
qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof), and (C) the pro forma compliance with the covenants in Sections 6.17, 6.18 and 6.19, after
giving effect to such Commitment Increase, and (iv) receipt by the Increasing Lender or Additional Lender, as applicable, of all such fees as agreed to between such Increasing Lender and /or Additional Lender and the Borrower. 

(c) Notwithstanding any provision contained herein to the contrary, from and after the date of such Commitment Increase, all calculations
and payments of interest on the Revolving Advances shall take into account the actual Commitment of each Lender and the principal amount outstanding of each Revolving Advance made by such Lender during the relevant period of time. 

(d) On such Increase Date, each Lender’s share of the Letter of Credit Exposure on such date shall automatically be deemed to equal
such Lender’s applicable pro rata share of such Letter of Credit Obligations (such pro rata share for such Lender to be determined as of the Increase Date in accordance with its Commitment on such date as a percentage of the aggregate
Commitment on such date) without further action by any party. 
 Section 2.16 Payments and Deductions to a Defaulting
Lender or Potential Defaulting Lender. 
 (a) If any Lender shall fail to make any payment required to be made by it
pursuant to Section 2.1(a), Section 2.2, Section 2.3 or Section 2.12 then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the
Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid in cash. 

(b) If a Defaulting Lender as a result of the exercise of a set-off shall have received a payment in respect of its outstanding
applicable Advances or pro rata share of Letter of Credit Exposure which results in its outstanding applicable Advances and share of Letter of Credit Exposure being less than its pro rata share of the aggregate outstanding applicable Advances and
Letter of Credit Exposure, then no payments will be made to such Defaulting Lender until such time as all amounts due and owing to the Lenders have been equalized in accordance with each Lender’s respective pro rata share of the aggregate
outstanding applicable Advances and Letter of Credit Exposure. Further, if at any time prior to the acceleration or maturity of the Advances, the Administrative Agent shall receive any payment in respect of principal of an applicable Advance or a
Letter of Credit Obligations while one or more Defaulting Lenders shall be party to this Agreement, the Administrative Agent shall apply such payment first to the Borrowings for which such Defaulting Lender(s) shall have failed to fund its pro rata
share until such time as such Borrowing(s) are paid in full or each Lender (including each Defaulting Lender) is owed its pro rata share of all Advances then outstanding. After acceleration or maturity of the Advances, subject to the first sentence
of this Section 2.16(b), all principal will be paid ratably as provided in Section 2.12(e). 

  
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 (c) If any Letter of Credit Exposure exists at the time a Lender becomes a Defaulting Lender
or a Potential Defaulting Lender then: 
 (i) such Letter of Credit Exposure shall be automatically reallocated
among the Non-Defaulting Lenders in accordance with their respective pro rata share of such Defaulting Lender’s or Potential Defaulting Lender’s share of the Letter of Credit Exposure (and each Lender is deemed to have purchased and
assigned such participation interest in such reallocated portion of the Letter of Credit Exposure) but only to the extent that (A) the sum of each Non-Defaulting Lender’s outstanding Revolving Advances plus its share of the Letter of
Credit Exposure, after giving effect to the reallocation provided herein, does not exceed such Non-Defaulting Lender’s Commitment, and (B) the conditions set forth in Section 3.2 are satisfied at such time; provided that, such
reallocation shall not constitute a waiver or release of any claim the Borrower, the Administrative Agent, any Issuing Lender or any other Lender may have against such Defaulting Lender or cause such Defaulting Lender to be a Non-Defaulting Lender
or cause such Potential Defaulting Lender to be a Non-Defaulting Lender; 
 (ii) if the reallocation described in
clause (i) above cannot, or can only partially, be effected, then the Borrower shall, within one Business Day following notice by the Administrative Agent, cash collateralize such Defaulting Lender’s or such Potential Defaulting Lenders
share of the Letter of Credit Exposure (after giving effect to any partial reallocation pursuant to clause (i) above) in accordance with the procedures set forth in Section 2.2(h) for so long as such Letter of Credit Exposure is
outstanding; 
 (iii) if the Borrower cash collateralizes any portion of such Defaulting Lender’s or such
Potential Defaulting Lender’s Letter of Credit Exposure pursuant to this Section 2.16 then the Borrower shall not be required to pay any fees to such Defaulting Lender or such Potential Defaulting Lender pursuant to Section 2.7(b)(i)
with respect to such Defaulting Lender’s or such Potential Defaulting Lender’s Letter of Credit Exposure during the period such Defaulting Lender’s Letter of Credit Exposure is cash collateralized; 

(iv) if the Letter of Credit Exposure is reallocated pursuant to clause (i) above, then the fees payable to the
Lenders pursuant to Section 2.7(b)(i) shall be adjusted in accordance with such Non-Defaulting Lenders’ pro rata share; 
 (v) if any Defaulting Lender’s or Potential Defaulting Lender’s share of the Letter of Credit Exposure is neither cash collateralized nor reallocated pursuant to the preceding provisions, then,
without prejudice to any rights or remedies of any Issuing Lender or any Lender hereunder, all letter of credit fees payable under Section 2.7(b)(i) with respect to such Defaulting Lender’s or such Potential Defaulting Lender’s share
of the Letter of Credit Exposure shall be payable to the applicable Issuing Lender until such Letter of Credit Exposure is cash collateralized and/or reallocated. 
 (d) If any Swing Line Advances are outstanding at the time a Lender becomes a Defaulting Lender or a Potential Defaulting Lender then: 

(i) upon demand by the applicable Swing Line Lender to the Borrower and the Administrative Agent, the Borrower shall be
deemed to have requested the making of a Revolving Borrowing consisting of Base Rate Advances in the amount of such outstanding Swing Line Advances and the transfer of the proceeds thereof to such Swing Line Lender, and the Borrower hereby
unconditionally and irrevocably authorizes, empowers, and directs the Swing Line Lenders to make such requests for Revolving Borrowings on behalf of the Borrower in 

  
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accordance with this clause (i), and the Lenders to make Revolving Advances to the Administrative Agent for the benefit of the Swing Line Lenders in satisfaction of such obligations; 

(ii) upon request from the Administrative Agent of the Revolving Borrowing referred to in clause (i) above, each
Non-Defaulting Lender shall make a Base Rate Advance in an amount equal to the sum of (A) such Non-Defaulting Lender’s Pro Rata Share of such outstanding Swing Line Advances and (B) such Non-Defaulting Lender’s Pro Rata Share of
such Defaulting Lender’s or Potential Defaulting Lender’s share of such outstanding Swing Line Advances but only to the extent that, after giving effect to such Revolving Borrowing, the sum of the aggregate amount of Revolving Advances
made by such Non-Defaulting Lender plus such Non-Defaulting Lender’s share of the Letter of Credit Exposure (after giving effect to any reallocations effected under clause (c) above), does not exceed such Non-Defaulting Lender’s
Commitment; provided that, no such Revolving Borrowing may be made if the conditions set forth in Section 3.2 have not been satisfied; and provided further that, the making of such Revolving Advances by the Non-Defaulting Lenders shall not
constitute a waiver or release of any claim the Borrower, the Administrative Agent, any Issuing Lender, any Swing Line Lender or any other Lender may have against such Defaulting Lender or cause such Defaulting Lender to be a Non-Defaulting Lender
or cause such Potential Defaulting Lender to be a Non-Defaulting Lender; and 
 (iii) if the Revolving Borrowing
described in clause (i) and (ii) above cannot, or can only partially, be effected, then the Borrower shall, within one Business Day following notice by the Administrative Agent, cash collateralize such Defaulting Lender’s or such
Potential Defaulting Lender’s share of the outstanding Swing Line Advances (after giving effect to any partial payments effected pursuant to the Revolving Borrowing made pursuant to clause (i) and (ii) above) in accordance with the
procedures set forth in Section 2.2(h) for so long as such Swing Line Advances are outstanding. 
 In the event that the Administrative
Agent, the Borrower, the Swing Line Lenders and the Issuing Lenders each agrees that a Defaulting Lender or a Potential Defaulting Lender has adequately remedied all matters that caused such Lender to be a Defaulting Lender or a Potential Defaulting
Lender, then (i) the Letter of Credit Exposure of the Lenders shall be readjusted to reflect the inclusion of such Lender’s Commitment, (ii) on such date such Lender shall be deemed to have purchased at par such of the Revolving
Advances or participations in Letters of Credit of the other Lenders as the Administrative Agent shall determine may be necessary in order for such Lender to hold such Revolving Advances and Letter of Credit Exposure in accordance with its pro rata
share, and (iii) if no Default exists, then any cash collateral posted by the Borrower pursuant to clause (c)(ii) or clause (d)(iii) above with respect to such Lender shall be returned to the Borrower. 

ARTICLE 3 

CONDITIONS OF LENDING 
 Section 3.1 Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance and for any Issuing Lender to issue the
initial Letters of Credit, including the deemed issuance of the Existing Letters of Credit, shall be subject to the conditions precedent that: 
 (a) Documentation. The Administrative Agent shall have received the following, duly executed by all the parties thereto, in form and substance reasonably satisfactory to the Administrative Agent
and the Lenders: 

  
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 (i) this Agreement and all attached Exhibits and Schedules and the Notes
payable to the order of each Lender requesting a Note; 
 (ii) the Guaranty executed by all Wholly-Owned Domestic
Restricted Subsidiaries of the Borrower existing on the Effective Date; 
 (iii) the Security Agreement executed
by each Credit Party, together with appropriate UCC-1 financing statements and intellectual property security agreements, if any, necessary for filing with the appropriate authorities and any other documents, agreements, or instruments necessary to
create, perfect or maintain an Acceptable Security Interest in the Collateral described in the Security Agreement; 
 (iv) certificates of insurance naming the Administrative Agent as loss payee with respect to property insurance, or additional insured with respect to liability insurance, and covering the Credit
Party’s Properties with such insurance carriers, for such amounts and covering such risks as required by Section 5.3; 
 (v) a certificate from an authorized officer of the Borrower dated as of the Effective Date stating that as of such date (A) all representations and warranties of the Borrower set forth in this
Agreement are true and correct in all material respects (except to the extent that such representation is qualified by materiality), (B) no Default has occurred and is continuing; and (C) all conditions precedent set forth in this
Section 3.1 have been met; 
 (vi) a secretary’s certificate from each Credit Party certifying such
Person’s (A) officers’ incumbency, (B) authorizing resolutions, (C) organizational documents, and (D) governmental approvals, if any, with respect to the Credit Documents to which such Person is a party; 

(vii) certificates of good standing for each Credit Party in each state in which each such Person is organized or
qualified to do business, which certificate shall be (A) dated a date not earlier than 30 days prior to Effective Date or (B) otherwise effective on the Effective Date; 

(viii) a legal opinion of Vinson & Elkins LLP as outside counsel to the Credit Parties, in form and substance
reasonably acceptable to the Administrative Agent; 
 (ix) legal opinions from outside Canadian, English,
Scottish, and British Virgin Islands counsels to the Credit Parties in form and substance reasonably acceptable to the Administrative Agent; 
 (x) such other documents, governmental certificates, agreements, and lien searches as the Administrative Agent or any Lender may reasonably request. 

(b) Consents; Authorization; Conflicts. The Borrower shall have received any consents, licenses and approvals of any Governmental
Authority or any other Person and required in accordance with applicable Legal Requirement, or in accordance with any document, agreement, instrument or arrangement to which the Borrower, any Restricted Subsidiary, or any other party to the
Reorganization Documents is a party, in connection with the execution, delivery, performance, validity and enforceability of this Agreement, the other Credit Documents and the Reorganization Documents other than immaterial consents, licenses or
approvals the absence of which would not reasonably be expected to be adverse to any Secured Party. In addition, the Borrower and the Restricted Subsidiaries shall have all such material consents, licenses and approvals required in connection with
the continued operation of the Borrower and 

  
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the Restricted Subsidiaries, and such approvals shall be in full force and effect, and all applicable waiting periods shall have expired without any action being taken or threatened by any
competent authority which would restrain, prevent or otherwise impose adverse conditions on this Agreement and the actions contemplated hereby. 
 (c) Representations and Warranties. The representations and warranties contained in Article 4 and in each other Credit Document shall be true and correct in all material respects (except that such
materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) on and as of the Effective Date before and after giving effect to the initial Borrowing or
issuance (or deemed issuance) of Letters of Credit and to the application of the proceeds from such Borrowing, as though made on and as of such date. 
 (d) Payment of Fees. The Borrower shall have paid the fees and expenses required to be paid as of the Effective Date by Sections 2.7(c) and 9.1 (other than legal fees) or any other provision of a
Credit Document. The Borrower shall have paid the legal fees for the Administrative Agent as required under Section 9.1 to the extent such fees have been invoiced at least two Business Days prior to the Effective Date. 

(e) Other Proceedings. No action, suit, investigation or other proceeding by or before any arbitrator or any Governmental
Authority shall be threatened or pending and no preliminary or permanent injunction or order by a state or federal court shall have been entered in connection with this Agreement, any other Credit Document, or any of the Transactions. 

(f) Other Reports. The Administrative Agent shall have received, in form and substance reasonably satisfactory to it, all
environmental reports, and such other reports, audits or certifications as it may reasonably request. 
 (g) Material Adverse
Change. Since December 31, 2009, there shall not have occurred any event or circumstance that could reasonably be expected to result in a Material Adverse Change. 
 (h) No Default. No Default shall have occurred and be continuing. 
 (i)
Solvency. The Administrative Agent shall have received a certificate in form and substance reasonably satisfactory to the Administrative Agent from a Responsible Officer of the Borrower and each Guarantor certifying that, (i) before
giving effect to the initial Borrowings made hereunder on the Effective Date, each Subject Company (taken as a whole with its respective Subsidiaries) is Solvent and (ii) after giving effect to the initial Borrowings made hereunder on the
Effective Date and the other Transactions, the Credit Parties, taken as a whole, are Solvent. 
 (j) Delivery of Financial
Statements; Projections. With respect to the Subject Companies, the Administrative Agent shall have received (i) audited consolidated financial statements for the fiscal years ended in 2007, 2008 and 2009 (except, in the case of Triton, for
2009) and unaudited consolidated financial statements for the first fiscal quarter of 2010 and the unaudited consolidated financial statements of Triton for the fiscal year 2009, (ii) monthly consolidated financial statements for the month
ended June 30, 2010 and (iii) pro forma consolidated financial statements for the fiscal quarter ended June 30, 2010. The Administrative Agent shall have also received projections prepared by management of balance sheets, income
statements and cashflow statements of the Borrower and its Subsidiaries, after giving effect to the Transactions, which shall be quarterly for the first year after the Effective Date and annually thereafter until the Maturity Date. 

  
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 (k) Notices of Borrowing. The Administrative Agent shall have received a Notice of
Borrowing from the Borrower, with appropriate insertions and executed by a duly authorized officer of the Borrower. 
 (l)
Equity Contribution. Immediately prior to, or concurrently with, the making of the initial Advances hereunder, the Administrative Agent shall have received evidence reasonably satisfactory to it that SCF shall have made a cash capital
contribution, or otherwise funded Equity Issuance Proceeds to the Borrower in an amount equal to at least $50,000,000 (including the SCF Equity Investments). 
 (m) Payment in Full of Existing Debt. Prior to, or concurrently with, the making of the initial Advances hereunder, all outstanding obligations owing under the Existing Credit Agreements (other
than the payment of fees and expenses under the credit facility for Pro-Tech Valve Sales Inc., as borrower and JPMorgan Chase Bank, National Association, Toronto Branch, as lender, the funds for which shall have been sent by the Borrower on or
prior to August 2, 2010 but not received by such lender until August 3, 2010) shall have been paid in full other than the Triton Liabilities and the Administrative Agent shall have received a “pay-off” letter (or such other
evidence) in form and substance reasonably satisfactory to the Administrative Agent with respect to all such Debt being refinanced with the initial Advances to be made hereunder; and arrangements satisfactory to the Administrative Agent shall have
been made with any Person holding any Lien securing any such Debt, for the release and delivery of such UCC (or equivalent) termination statements, mortgage releases, releases of assignments of leases and rents, and other instruments, in each case
in proper form for recording or filing, as the Administrative Agent shall have requested to release and terminate of record the Liens securing such Debt. 
 (n) Reorganization. The Administrative Agent shall have received evidence that immediately prior to, or concurrently with, the initial Advances (or initial issuance of Letters of Credit or deemed
issuance of Existing Letters of Credit) made hereunder, the Reorganization shall have been completed. 
 (o) USA Patriot
Act. The Administrative Agent shall have received all documentation and other information that is required by regulatory authorities under applicable “know your customer” and anti-money-laundering rules and regulations, including,
without limitation, the Patriot Act. 
 (p) Pro Forma Compliance Certificate. The Administrative Agent shall have
received an officer’s certificate executed by a Responsible Officer of the Borrower, reflecting the Closing Date Leverage Ratio of no greater than 2.75 to 1.00, after giving pro forma effect to the Transactions. 

(q) Pro Forma Structure. The pro forma capital and ownership structure and the equityholder arrangements of the Borrower and its
Restricted Subsidiaries (and all agreements relating thereto), after giving effect to the Transactions, will be reasonably satisfactory to the Administrative Agent and the Lenders. 

(r) Compliance with Law. The Borrower, each other Subject Company, and each of the foregoing’s respective Subsidiaries shall
have been in compliance with all Legal Requirements which are applicable to such Persons, including the operations, business or Property of such Persons, except in any case where the failure to be in compliance could not reasonably be expected to
result in a Material Adverse Change or affect the consummation or the legality of the Transactions. 
 (s) Liquidity. The
Administrative Agent shall have received evidence satisfactory to it that, after giving effect to the Transactions, Liquidity is greater than or equal to $50,000,000. 

  
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 Section 3.2 Conditions Precedent to Each Borrowing and to Each Issuance, Extension
or Renewal of a Letter of Credit. The obligation of each Lender to make an Advance on the occasion of each Borrowing (including the initial Borrowing), the obligation of the Issuing Lenders to issue, increase, renew or extend a Letter of Credit
(including the deemed issuance of Existing Letters of Credit on the Effective Date) and of any reallocation of Letter of Credit Exposure provided in Section 2.16, shall be subject to the further conditions precedent that on the date of such
Borrowing or such issuance, increase, renewal or extension: 
 (a) Representations and Warranties. As of the date of the
making of any Advance or issuance, increase, renewal or extension of any Letter of Credit or the reallocation of the Letter of Credit Exposure, the representations and warranties made by any Credit Party or any officer of any Credit Party contained
in the Credit Documents shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text
thereof) on such date, except that any representation and warranty which by its terms is made as of a specified date shall be required to be true and correct in all material respects (except that such materiality qualifier shall not be applicable to
any representations and warranties that already are qualified or modified by materiality in the text thereof) only as of such specified date and each request for the making of any Advance or issuance, increase, renewal or extension of any Letter of
Credit and the making of such Advance or the issuance, increase, renewal or extension of such Letter of Credit shall be deemed to be a reaffirmation of such representations and warranties. Each of the giving of the applicable Notice of Borrowing or
Letter of Credit Application, the acceptance by the Borrower of the proceeds of such Borrowing, the issuance, increase, or extension of such Letter of Credit, and the reallocation of the Letter of Credit Exposure, shall constitute a representation
and warranty by the Borrower that on the date of such Borrowing, such issuance, increase, or extension of such Letter of Credit or such reallocation, as applicable, the foregoing condition has been met. 

(b) Event of Default. As of the date of the making of any Advance, the issuance, increase, renewal or extension of any Letter of
Credit, or the reallocation of the Letter of Credit Exposure, as applicable, no Default or Event of Default shall exist, and the making of such Advance or issuance, increase, renewal or extension of such Letter of Credit, or the relocation of the
Letter of Credit Exposure would not cause a Default or Event of Default. Each of the giving of the applicable Notice of Borrowing or Letter of Credit Application, the acceptance by the Borrower of the proceeds of such Borrowing, the issuance,
increase, or extension of such Letter of Credit, and the reallocation of the Letter of Credit Exposure, shall constitute a representation and warranty by the Borrower that on the date of such Borrowing, such issuance, increase, or extension of such
Letter of Credit or such reallocation, as applicable, the foregoing condition has been met. 
 Section 3.3
Determinations Under Sections 3.1 and 3.2. For purposes of determining compliance with the conditions specified in Sections 3.1 and 3.2 each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each
document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Credit Documents shall
have received written notice from such Lender prior to the Borrowings hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s ratable portion of such Borrowings.

  
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 ARTICLE 4 
 REPRESENTATIONS AND WARRANTIES 
 The Borrower represents and warrants as
follows: 
 Section 4.1 Organization. The Borrower and each of its Restricted Subsidiaries is duly and validly
organized and existing and in good standing under the laws of its jurisdiction of incorporation or formation and is authorized to do business and is in good standing in all jurisdictions in which such qualifications or authorizations are necessary
except where the failure to be so qualified or authorized could not reasonably be expected to result in a Material Adverse Change. As of the Effective Date, each Credit Party’s type of organization and jurisdiction of incorporation or formation
are set forth on Schedule 4.1. 
 Section 4.2 Authorization. The execution, delivery, and performance by each Credit
Party of each Credit Document to which such Credit Party is a party and the consummation of the transactions contemplated thereby (a) are within such Credit Party’s organizational powers, (b) have been duly authorized by all necessary
corporate, limited liability company or partnership action, as applicable, of such Credit Party, (c) do not contravene any articles or certificate of incorporation or bylaws, partnership or limited liability company agreement, as applicable,
binding on or affecting such Credit Party, (d) do not contravene any law or any contractual restriction binding on or affecting such Credit Party except for immaterial laws or contractual restrictions the noncompliance with which would not
reasonably be expected to be adverse to any Secured Party, (e) do not result in or require the creation or imposition of any Lien prohibited by this Agreement, and (f) do not require any authorization or approval or other action by, or any
notice or filing with, any Governmental Authority except for immaterial authorizations, approvals, other actions, notices or filings the failure to obtain of which would not reasonably be expected to be adverse to any Secured Party. At the time of
each Advance or the issuance, renewal, extension or increase of each Letter of Credit, such Advance and the use of the proceeds of such Advance or the issuance, renewal, extension or increase of such Letter of Credit are within the Borrower’s
corporate powers, have been duly authorized by all necessary action, do not contravene (i) the Borrower’s certificate of incorporation or bylaws, or (ii) any Legal Requirement or any contractual restriction binding on or affecting the
Borrower, will not result in or require the creation or imposition of any Lien prohibited by this Agreement, and do not require any authorization or approval or other action by, or any notice or filing with, any Governmental Authority except for any
immaterial contractual restrictions the noncompliance with which would not reasonably be expected to be adverse to any Secured Party. 
 Section 4.3 Enforceability. The Credit Documents have each been duly executed and delivered by each Credit Party that is a party thereto and each Credit Document constitutes the legal, valid,
and binding obligation of each Credit Party that is a party thereto enforceable against such Credit Party in accordance with its terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws at the time
in effect affecting the rights of creditors generally and by general principles of equity whether applied by a court of law or equity. 
 Section 4.4 Financial Condition. 
 (a) The financial statements (other
than the projections) delivered under Section 3.1(j) were prepared in accordance with GAAP and fairly present, in all material respects, the consolidated financial condition of the Persons covered thereby as of the respective dates thereof for
the periods covered therein, subject, in the case of unaudited financial statements, to normal year-end adjustments and the absence of footnotes. As of the date of the aforementioned financial statements, there were no material contingent
obligations, liabilities for taxes, unusual forward or long-term commitments, or unrealized or anticipated 

  
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losses of the applicable Persons, except as disclosed therein and adequate reserves for such items have been made in accordance with GAAP. 

(b) Since the Effective Date, after giving pro forma effect to the Transactions, no event or condition has occurred that could reasonably
be expected to result in Material Adverse Change. 
 Section 4.5 Ownership and Liens; Real Property. Each Restricted
Entity (a) has good and marketable fee simple title to, or a valid leasehold interest or easement in, all material real property, and good title to all material personal Property, used in its business, and (b) none of the Property owned by
the Borrower or a Restricted Subsidiary is subject to any Lien except Permitted Liens. 
 Section 4.6 True and Complete
Disclosure. All written factual information (whether delivered before or after the date of this Agreement) prepared by or on behalf of the Borrower and its Restricted Subsidiaries and furnished to the Administrative Agent or the Lenders for
purposes of or in connection with this Agreement or any other Credit Document, taken as a whole, does not contain any material misstatement of fact or omits to state any material fact necessary to make the statements therein not misleading as of the
date such information is dated or certified. There is no fact known to any Responsible Officer of any Credit Party on the date of this Agreement that has not been disclosed to the Administrative Agent that could reasonably be expected to result in a
Material Adverse Change. All projections, estimates, budgets, and pro forma financial information furnished by the Borrower or any of its Restricted Subsidiaries (or on behalf of the Borrower or any such Restricted Subsidiary), were prepared on the
basis of assumptions, data, information, tests, or conditions (including current and reasonably foreseeable business conditions) believed to be reasonable at the time such projections, estimates, and pro forma financial information were furnished
(it being recognized by the Administrative Agent and the Lenders, however, that projections as to future events are not to be viewed as facts and that results during the period(s) covered by such projections may differ from the projected results and
that such differences may be material and that the Loan Parties make no representation that such projections will be realized). 

Section 4.7 Litigation. There are no actions, suits, or proceedings pending or, to any Restricted Entity’s knowledge,
threatened against the Borrower or any Restricted Subsidiary, at law, in equity, or in admiralty, or by or before any Governmental Authority, which could reasonably be expected to result in a Material Adverse Change. Additionally, except as
disclosed in writing to the Administrative Agent and the Lenders, there is no pending or, to the knowledge of any Restricted Entity, threatened action or proceeding instituted against the Borrower or any Restricted Subsidiary which seeks to
adjudicate the Borrower or any Restricted Subsidiary as bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief, or composition of it or its debts under any law relating to bankruptcy,
insolvency or reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver, trustee or other similar official for it or for any substantial part of its Property. 

Section 4.8 Compliance with Agreements. 
 (a) Neither the Borrower nor any of its Restricted Subsidiaries is a party to any indenture, loan or credit agreement or any lease or any other types of agreement or instrument or subject to any charter
or corporate restriction or provision of applicable law or governmental regulation the performance of or compliance with which could reasonably be expected to cause a Material Adverse Change. Neither the Borrower nor any of its Restricted
Subsidiaries is in default under or with respect to any contract, agreement, lease or any other types of agreement or instrument to which the Borrower or such Restricted Subsidiary is a party and which could reasonably be expected to cause a
Material Adverse Change. To the knowledge of the Credit Parties, neither the Borrower nor any of its Restricted Subsidiaries is in 

  
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default under, or has received a notice of default under, any contract, agreement, lease or any other document or instrument to which the Borrower or its Restricted Subsidiaries is a party which
is continuing and which, if not cured, could reasonably be expected to cause a Material Adverse Change. 
 (b) No Default has
occurred and is continuing. 
 Section 4.9 Pension Plans. (a) Except for matters that could not reasonably be
expected to result in a Material Adverse Change, all Plans are in compliance with all applicable provisions of ERISA, (b) no Termination Event has occurred with respect to any Plan that would result in an Event of Default under
Section 7.1(i), and, except for matters that could not reasonably be expected to result in a Material Adverse Change, each Plan has complied with and been administered in accordance with applicable provisions of ERISA and the Code, (c) no
“accumulated funding deficiency” (as defined in Section 302 of ERISA) has occurred, and for plan years after December 31, 2007, no unpaid minimum required contribution exists, and there has been no excise tax imposed under
Section 4971 of the Code, (d) the present value of all benefits vested under each Plan (based on the assumptions used to fund such Plan) did not, as of the last annual valuation date applicable thereto, exceed the value of the assets of
such Plan allocable to such vested benefits in an amount that could reasonably be expected to result in a Material Adverse Change, (e) neither the Borrower nor any member of the Controlled Group has had a complete or partial withdrawal from any
Multiemployer Plan for which there is any unsatisfied withdrawal liability that could reasonably be expected to result in a Material Adverse Change or an Event of Default under Section 7.1(j), and (f) neither the Borrower nor any member of
the Controlled Group has incurred any liability as a result of a Multiemployer Plan being in reorganization or insolvent that could reasonably be expected to result in a Material Adverse Change. Based upon GAAP existing as of the date of this
Agreement and current factual circumstances, no Restricted Entity has any reason to believe that the annual cost during the term of this Agreement to the Borrower or any Subsidiary for post-retirement benefits to be provided to the current and
former employees of the Borrower or any Subsidiary under Plans that are welfare benefit plans (as defined in Section 3(1) of ERISA) could, in the aggregate, reasonably be expected to cause a Material Adverse Change. 

Section 4.10 Environmental Condition. Except as set forth on Schedule 4.10: 

(a) Permits, Etc. Each Restricted Entity (i) has obtained all material Environmental Permits necessary for the ownership and
operation of its Properties and the conduct of its businesses; (ii) is and, during the relevant time periods specified under applicable statutes of limitation, has been in material compliance with all terms and conditions of such Permits and
with all other material requirements of applicable Environmental Laws; (iii) has not received written notice of any material violation or alleged material violation of any Environmental Law or Environmental Permit; and (iv) is not subject
to any actual or contingent Environmental Claim which could reasonably be expected to cause a Material Adverse Change. 
 (b)
Certain Liabilities. To each Restricted Entity’s knowledge, none of the present or previously owned or operated Property of any Restricted Entity or of any Subsidiary thereof, wherever located, (i) has been placed on or proposed to
be placed on the National Priorities List, the Comprehensive Environmental Response Compensation Liability Information System list, or their state or local analogs, or have been otherwise investigated, designated, listed, or identified by a
Governmental Authority as a potential site for removal, remediation, cleanup, closure, restoration, reclamation, or other response activity under any Environmental Laws; (ii) is subject to a Lien, arising under or in connection with any
Environmental Laws, that attaches to any revenues or to any Property owned or operated by any Restricted Entity, wherever located, which could reasonably be expected to cause a Material Adverse Change; or (iii) has been the site of any Release
of Hazardous Substances or Hazardous Wastes from present or past operations which has caused at the site or at any third-party site any condition that has 

  
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resulted in or could reasonably be expected to result in the need for Response that could cause a Material Adverse Change. 

(c) Certain Actions. Without limiting the foregoing, (i) all necessary material notices have been properly filed, and no
further action is required under current applicable Environmental Law as to each Response or other restoration or remedial project required to be undertaken by the Borrower, any of its Subsidiaries or any of the Borrower’s or such
Subsidiary’s former Subsidiaries , pursuant to any Environmental Law, on any of their presently or formerly owned or operated Property and (ii) the present and, to the Credit Parties’ knowledge, future liability, if any, of the
Borrower or of any Subsidiary which could reasonably be expected to arise in connection with requirements under Environmental Laws is not expected to result in a Material Adverse Change. 

Section 4.11 Subsidiaries. As of the Effective Date, the Borrower has no Subsidiaries other than those listed on Schedule
4.11. Each Restricted Subsidiary of the Borrower (including any such Restricted Subsidiary formed or acquired subsequent to the Effective Date) has complied with the requirements of Section 5.8. 

Section 4.12 Investment Company Act. Neither the Borrower nor any Restricted Subsidiary is an “investment company”
or a company “controlled” by an “investment company” within the meaning of the Investment Company Act of 1940, as amended. 
 Section 4.13 Taxes. Proper and accurate (in all material respects), federal and all material state, local and foreign tax returns, reports and statements required to be filed (after giving
effect to any extension granted in the time for filing) by the Borrower and each Restricted Subsidiary or any member of the Affiliated Group as determined under Section 1504 of the Code (hereafter collectively called the “Tax
Group”) have been filed with the appropriate Governmental Authorities, and all taxes (which are material in amount) and other impositions due and payable have been timely paid prior to the date on which any fine, penalty, interest, late
charge or loss may be added thereto for non-payment thereof except where contested in good faith and by appropriate proceeding. Neither the Borrower nor any member of the Tax Group has given, or been requested to give, a waiver of the statute of
limitations relating to the payment of any federal, state, local or foreign taxes or other impositions. Proper and accurate amounts have been withheld by the Borrower and all other members of the Tax Group from their employees for all periods to
comply in all material respects with the tax, social security and unemployment withholding provisions of applicable federal, state, local and foreign law. 
 Section 4.14 Permits, Licenses, etc. Each of the Borrower and its Restricted Subsidiaries possesses all permits, licenses, patents, patent rights or licenses, trademarks, trademark rights,
trade names rights, and copyrights which are material to the conduct of its business. Each of the Borrower and its Restricted Subsidiaries manages and operates its business in accordance with all applicable Legal Requirements except where the
failure to so manage or operate could not reasonably be expected to result in a Material Adverse Change; provided that this Section 4.14 does not apply with respect to Environmental Permits. 

Section 4.15 Use of Proceeds. The proceeds of the Advances will be used by the Borrower for the purposes described in
Section 6.6. No Credit Party is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U). No proceeds of any Advance will be used to purchase or carry any
margin stock in violation of Regulation T, U or X. 
 Section 4.16 Condition of Property; Casualties. The
material Properties used or to be used in the continuing operations of the Borrower and each Restricted Subsidiary, taken as a whole, are in good working order and condition, normal wear and tear excepted. Neither the business nor the material

  
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Properties of the Borrower or any Restricted Subsidiary has been affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance,
embargo, requisition or taking of Property or cancellation of contracts, permits or concessions by a Governmental Authority, riot, activities of armed forces or acts of God or of any public enemy, which effect could reasonably be expected to cause a
Material Adverse Change. 
 Section 4.17 Insurance. Each of the Borrower and its Restricted Subsidiaries carry
insurance (which may be carried by the Borrower on a consolidated basis) with reputable insurers in respect of such of their respective Properties, in such amounts and against such risks as is customarily maintained by other Persons of similar size
engaged in similar businesses or, self-insure to the extent that is customary for Persons of similar size engaged in similar businesses. 
 Section 4.18 Security Interest. Each Credit Party has authorized the filing of financing statements sufficient when filed to perfect the Lien created by the Security Documents to the extent
such Lien can be perfected by filing financing statements. When such financing statements are filed in the offices noted therein, the Administrative Agent will have a valid and perfected security interest in all Collateral that is capable of being
perfected by filing financing statements (excluding, for perfection purposes, the Excluded Perfection Collateral). 

Section 4.19 OFAC. Neither the Borrower nor any of its Subsidiaries is in violation of any of the country or list based
economic and trade sanctions administered and enforced by OFAC. Neither the Borrower nor any of its Subsidiaries (a) is a Sanctioned Person or a Sanctioned Entity, (b) has its assets located in Sanctioned Entities, or (c) derives
revenues from investments in, or transactions with Sanctioned Persons or Sanctioned Entities. No proceeds of any Advance will be used to fund any operations in, finance any investments or activities in, or make any payments to, a Sanctioned Person
or a Sanctioned Entity. 
 Section 4.20 Solvency. Before and after giving effect to the making of each Advance and
the issuance or increase of each Letter of Credit, in each case, after the Effective Date, the Borrower and its Restricted Subsidiaries are, when taken as a whole, Solvent. 
 ARTICLE 5 
 AFFIRMATIVE COVENANTS 

So long as any Obligation shall remain unpaid, any Lender shall have any Commitment hereunder, or there shall exist any Letter of Credit
Exposure (unless such Letter of Credit Exposure shall have been cash collateralized on terms and in amounts reasonably acceptable to the applicable Issuing Lenders), each Credit Party agrees to comply with the following covenants. 

Section 5.1 Organization. Each Credit Party shall, and shall cause each of its respective Restricted Subsidiaries to,
preserve and maintain its partnership, limited liability company or corporate existence, rights, franchises and privileges in the jurisdiction of its organization. Each Credit Party shall, and shall cause each of its respective Restricted
Subsidiaries to qualify and remain qualified as a foreign business entity in each jurisdiction in which qualification is necessary or desirable in view of its business and operations or the ownership of its Properties, except where failure to so
qualify could not reasonably be expected to cause a Material Adverse Change. Nothing contained in this Section 5.1 shall prevent any transaction permitted by Section 6.7 or Section 6.8. 

  
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 Section 5.2 Reporting. 

(a) Annual Financial Reports. The Borrower shall provide, or shall cause to be provided, to the Administrative Agent, as soon as
available, but in any event within 120 days after the end of each fiscal year of the Borrower (commencing with the fiscal year ended December 31, 2010), a consolidated balance sheet of the Borrower and its Restricted Subsidiaries as at the end
of such fiscal year, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, all in
reasonable detail and prepared in accordance with GAAP, such consolidated statements to be audited and accompanied by a report and opinion of PricewaterhouseCoopers LLP or any other independent certified public accountant of nationally recognized
standing reasonably acceptable to the Administrative Agent, which report and opinion shall be prepared in accordance with GAAP and shall not be subject to any “going concern” or like qualification or exception or any qualification or
exception as to the scope of such audit, and such consolidated statements to be certified by the chief executive officer, chief financial officer, treasurer or controller of the Borrower to the effect that such statements fairly present the
financial condition, results of operations, shareholders’ equity and cash flows of the Borrower and its Restricted Subsidiaries in all material respects in accordance with GAAP; 

(b) Quarterly Financials. The Borrower shall provide, or shall cause to be provided, to the Administrative Agent, as soon as
available, but in any event (i) within 60 days after the end of the fiscal quarters ending June 30, 2010 and September 30, 2010, and (ii) within 45 days after the end of each of the first three fiscal quarters of each fiscal year
of the Borrower (commencing with the fiscal quarter ending March 31, 2011), a consolidated balance sheet of the Borrower and its Restricted Subsidiaries as at the end of such fiscal quarter, and the related consolidated statements of income or
operations, shareholders’ equity and cash flows for such fiscal quarter and for the portion of the Borrower’s fiscal year then ended, setting forth in each case in comparative form the figures for the corresponding fiscal quarter of the
previous fiscal year and the corresponding portion of the previous fiscal year, all in reasonable detail, such consolidated statements to be certified by the chief executive officer, chief financial officer, treasurer or controller of the Borrower
as fairly presenting the financial condition, results of operations, shareholders’ equity and cash flows of the Borrower and its Restricted Subsidiaries, in all material respects, in accordance with GAAP, subject only to normal year-end audit
adjustments and the absence of footnotes; 
 (c) Compliance Certificate. Concurrently with the delivery of the financial
statements referred to in Section 5.2(a) and (b) above, the Borrower shall provide to the Administrative Agent a duly completed Compliance Certificate signed by the chief executive officer, chief financial officer, treasurer or controller
of the Borrower; 
 (d) Annual Budget. As soon as available and in any event within 60 days after the end of each fiscal
year of the Borrower, the Borrower shall provide to the Administrative Agent an annual operating, capital and cash flow budget for the immediately following fiscal year and reasonably detailed on a quarterly basis. 

(e) Defaults. The Credit Parties shall provide to the Administrative Agent promptly, but in any event within five Business Days
after a Responsible Officer of any Credit Party obtains knowledge thereof, a notice of any Default or Event of Default, together with a statement of a Responsible Officer of the Borrower setting forth the details of such Default or Event of Default
and the actions which the Credit Parties have taken and propose to take with respect thereto. 
 (f) Other Creditors. The
Credit Parties shall provide to the Administrative Agent promptly after the giving or receipt thereof, copies of any material default notices given or received by the 

  
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Borrower or by any of its Restricted Subsidiaries pursuant to the terms of any indenture, loan agreement, credit agreement, or similar agreement evidencing Debt in an amount in excess of
$2,000,000. 
 (g) Litigation. The Credit Parties shall provide to the Administrative Agent promptly after the
commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority, affecting the Borrower or any of its Restricted Subsidiaries that could reasonably be expected to result in a Material Adverse Change. 

(h) Environmental Notices. Promptly upon, and in any event no later than 15 days after, the receipt thereof, or the acquisition of
knowledge thereof, by any Restricted Entity, the Credit Parties shall provide the Administrative Agent with a copy of any form of request, claim, complaint, order, notice, summons or citation received from any Governmental Authority or any other
Person, (i) concerning violations or alleged violations of Environmental Laws, which seeks to impose liability therefore in excess of $2,000,000, (ii) concerning any action or omission on the part of any of the Credit Parties or any of
their former Subsidiaries in connection with Hazardous Waste or Hazardous Substances which could reasonably result in the imposition of liability in excess of $2,000,000 or requiring that action be taken to respond to or clean up a Release of
Hazardous Substances or Hazardous Waste into the environment and such action or clean-up could reasonably be expected to exceed $2,000,000, including without limitation any information request related to, or notice of, potential responsibility under
CERCLA, or (iii) concerning the filing of a Lien (other than a Permitted Lien) upon, against or in connection with the Borrower, any Subsidiary, or any of their respective former Subsidiaries, or any of their leased or owned Property, wherever
located pursuant to any Environmental Law. 
 (i) Material Changes. The Credit Parties shall provide to the
Administrative Agent prompt written notice of any condition or event of which any Responsible Officer of any Credit Party obtains knowledge and which could reasonably be expected to result in a Material Adverse Change. 

(j) Termination Events. As soon as possible and in any event (i) within 30 days after the Borrower or any member of the
Controlled Group knows that any Termination Event described in clause (a) of the definition of Termination Event with respect to any Plan has occurred, and (ii) within 10 days after the Borrower or any member of the Controlled Group knows
that any other Termination Event with respect to any Plan has occurred, the Credit Parties shall provide to the Administrative Agent a statement of an authorized officer of the Borrower describing such Termination Event and the action, if any, which
the Borrower or any Affiliate of the Borrower proposes to take with respect thereto; 
 (k) Termination of Plans.
Promptly and in any event within five Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Credit Parties shall provide to the Administrative Agent copies of each notice received by the
Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan; 
 (l) Other ERISA Notices. Promptly and in any event within five Business Days after receipt thereof by the Borrower or any member of the Controlled Group from a Multiemployer Plan sponsor, the
Credit Parties shall provide to the Administrative Agent a copy of each notice received by the Borrower or any member of the Controlled Group concerning the imposition or amount of withdrawal liability imposed on the Borrower or any member of the
Controlled Group pursuant to Section 4202 of ERISA; 
 (m) Other Governmental Notices. Promptly and in any event
within five Business Days after receipt thereof by the Borrower or any Restricted Subsidiary, the Credit Parties shall provide to the Administrative Agent a copy of any notice, summons, citation, or proceeding seeking to modify, revoke,

  
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or suspend any contract, license, permit, or agreement with any Governmental Authority the modification, revocation or suspension of which could reasonably be expected to result in a Material
Adverse Change; 
 (n) Disputes; etc. The Credit Parties shall provide to the Administrative Agent prompt written notice
of (i) any claims, legal or arbitration proceedings, proceedings before any Governmental Authority, or disputes, or to the knowledge of any Credit Party, any such actions threatened, or affecting the Borrower or any Restricted Subsidiary, in
any event, which could reasonably be expected to cause a Material Adverse Change, or any material labor controversy of which any Credit Party has knowledge resulting in or reasonably considered to be likely to result in a strike against the Borrower
or any Restricted Subsidiary, and (ii) any claim, judgment, Lien or other encumbrance (other than a Permitted Lien) affecting any Property of the Borrower or any Restricted Subsidiary, if the value of the claim, judgment, Lien, or other
encumbrance affecting such Property shall exceed $2,000,000; 
 (o) Management Letters; Other Accounting Reports.
Promptly upon receipt thereof (to the extent permitted by the Borrower’s auditors), a copy of each “management letter” submitted to the Borrower or any Restricted Subsidiary by independent accountants in connection with any annual,
interim or special audit made by them of the books of the Borrower and its Restricted Subsidiaries, and a copy of any response by the Borrower or any Restricted Subsidiary of the Borrower, or the board of directors or managers (or other applicable
governing body) of the Borrower or any Restricted Subsidiary of the Borrower, to such letter; 
 (p) Other Information.
Subject to the confidentiality provisions of Section 9.8, the Credit Parties shall provide to the Administrative Agent such other information respecting the business, operations, or Property of the Borrower or any Restricted Subsidiary,
financial or otherwise, as any Lender through the Administrative Agent may reasonably request. 
 Section 5.3
Insurance. 
 (a) Each Credit Party shall, and shall cause each of its Restricted Subsidiaries to, carry and maintain all
such insurance in such amounts and against such risks as is customarily maintained by other Persons of similar size engaged in similar businesses and with reputable insurers. 
 (b) Copies of all certificates of insurance for policies covering the property or business of the Credit Parties, and endorsements and renewals thereof, shall be delivered by Borrower to and retained by
the Administrative Agent. At the request of the Administrative Agent, copies of such policies of insurance, certified as true and correct copies of such documents by a Responsible Officer of the Borrower shall be delivered by Borrower to and
retained by the Administrative Agent. All policies of property insurance with respect to the Collateral either shall have attached thereto a lender’s loss payable endorsement in favor of the Administrative Agent for its benefit and the ratable
benefit of the Secured Parties or name the Administrative Agent as loss payee for its benefit and the ratable benefit of the Secured Parties, in either case, in form reasonably satisfactory to the Administrative Agent, and all policies of liability
insurance shall name the Administrative Agent for its benefit and the ratable benefit of the Secured Parties as an additional insured. All policies or certificates of insurance shall set forth the coverage, the limits of liability, the name of the
carrier, the policy number, and the period of coverage. All such policies shall contain a provision that notwithstanding any contrary agreements between the Borrower, its Restricted Subsidiaries, and the applicable insurance company, such policies
will not be canceled or allowed to lapse without renewal without at least 30 days’ (or such shorter period as may be accepted by the Administrative Agent) prior written notice to the Administrative Agent. 

(c) If at any time the area in which any real property constituting Collateral (to the extent any “buildings” or “mobile
home” (as defined in Regulation H of the Federal Reserve Board) is situation on 

  
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real property) is located is designated a “flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), the
Borrower shall, and shall cause each other Credit Party to, obtain flood insurance in such total amount as required by Regulation H of the Federal Reserve Board, as from time to time in effect and all official rulings and interpretations thereunder
or thereof, and otherwise comply with the National Flood Insurance Program as set forth in the Flood Disaster Protection Act of 1973, as it may be amended from time to time. 
 (d) Prior to the occurrence and continuance of an Event of Default, (i) up to $10,000,000, in the aggregate, of all proceeds of property insurance received by a Credit Party for the loss of Property
which constitutes Collateral shall be paid directly to the applicable Credit Party to repair or replace the damaged or destroyed Property covered by such policy; provided that such Credit Party shall make such repair or replace such Property
within 180 days from the receipt of such proceeds and (ii) the remaining amount of such proceeds and any amount of proceeds that were paid to such Credit Party as permitted under clause (i) above and not used toward the repair or
replacement of such Property within the 180 days required under such clause (i), shall be paid directly to the Administrative Agent and if necessary, assigned to the Administrative Agent to be, at the election of the Administrative Agent,
(A) applied in accordance with Section 7.6 of this Agreement, whether or not the Secured Obligations are then due and payable, or (B) returned to such Credit Party to repair or replace the damaged or destroyed Property covered by such
policy or to make such other investments permitted under Section 6.3 of this Agreement. 
 (e) After the occurrence and
during the continuance of an Event of Default, if requested by the Administrative Agent, all proceeds of insurance of any Credit Party, including any casualty insurance proceeds, property insurance proceeds, proceeds from actions, and any other
proceeds, shall be paid directly to the Administrative Agent and if necessary, assigned to the Administrative Agent, to be applied in accordance with Section 7.6 of this Agreement, whether or not the Secured Obligations are then due and
payable. 
 (f) In the event that any insurance proceeds are paid to any Credit Party in violation of clause (d) or clause
(e), such Credit Party shall hold the proceeds in trust for the Administrative Agent, segregate the proceeds from the other funds of such Credit Party, and promptly pay the proceeds to the Administrative Agent with any necessary endorsement. Upon
the request of the Administrative Agent, each of Credit Party shall execute and deliver to the Administrative Agent any additional assignments and other documents as may be necessary to enable the Administrative Agent to directly collect the
proceeds as set forth herein. 
 Section 5.4 Compliance with Laws. Each Credit Party shall, and shall cause each of
its Restricted Subsidiaries to, comply with Legal Requirements (including Environmental Laws) which are applicable to such Restricted Entity, including the operations, business or Property of such Restricted Entity and maintain all related permits
necessary for the ownership and operation of such Restricted Entity’s Property and business, except in any case where the failure to so comply could not reasonably be expected to result in a Material Adverse Change. 

Section 5.5 Taxes. Each Credit Party shall, and shall cause each of its Restricted Subsidiaries to pay and discharge all
material taxes, assessments, and other charges and claims related thereto imposed on the Borrower or any of its Restricted Subsidiaries prior to the date on which penalties attach other than any tax, assessment, charge, or claims which is being
contested in good faith and for which adequate reserves have been established in compliance with GAAP. 
 Section 5.6
[Reserved]. 

  
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 Section 5.7 Security. The Borrower agrees that at all times before the
termination of this Agreement, payment in full of the Obligations (other than reimbursement and indemnity obligations which survive for which the Borrower has not received a notice of claim), and termination in full of the Commitments, the
Administrative Agent shall have an Acceptable Security Interest in the applicable Collateral, as required below, subject to any permitted releases pursuant to the terms of this Agreement or the Security Documents, to secure the performance and
payment of the Obligations as set forth in the Security Documents. The Borrower shall, and shall cause each Restricted Subsidiary to take such actions, including execution and delivery of any Security Documents necessary to create, perfect and
maintain an Acceptable Security Interest in favor of the Administrative Agent in the following Properties, whether now owned or hereafter acquired: (a) all Equity Interests issued by any Subsidiary (other than a Foreign Subsidiary) and held by
a Wholly-Owned Domestic Restricted Subsidiary or the Borrower; (b) 100% of Equity Interests issued by First Tier Foreign Subsidiaries which are owned by the Borrower or any Wholly-Owned Domestic Restricted Subsidiary but, in any event, no more
than 66% of the outstanding Voting Securities issued by any First Tier Foreign Subsidiary; and (c) all other Properties of the Credit Parties other than Excluded Properties. For the avoidance of doubt, notwithstanding the preceding provisions
of this Section 5.7 or any other provisions of the Credit Documents, (i) neither the Borrower nor any Domestic Subsidiary shall be required to grant any security interest in more than 66% of the Voting Securities issued by any First Tier
Foreign Subsidiary, (ii) neither the Borrower nor any Subsidiary shall be required to grant any security interest in Equity Interests in any Foreign Subsidiary that is not a First Tier Foreign Subsidiary, and (iii) no Foreign Subsidiary
shall be required to grant an Acceptable Security Interest in any of its Properties or otherwise be bound by the requirements of this Section 5.7. 
 Section 5.8 Designations with Respect to Subsidiaries. 
 (a) Any newly
acquired or formed Subsidiary shall be deemed a Restricted Subsidiary unless designated by Borrower as an Unrestricted Subsidiary in accordance with the terms of this Section 5.8(a). The Borrower may not acquire or form any new Subsidiary nor
may it designate any existing Unrestricted Subsidiary as a Restricted Subsidiary unless each of the following conditions are satisfied in connection with such acquisition or formation: 

(i) immediately before and after giving effect to such acquisition or formation of a Restricted Subsidiary or designation
as a Restricted Subsidiary, no Default or Event of Default shall exist and be continuing; 
 (ii) the Borrower
shall deliver to the Administrative Agent each of the items set forth in Schedule 5.8 attached hereto with respect to each Domestic Restricted Subsidiary created after the Effective Date and within the time requirements set forth in Schedule 5.8,
and 
 (iii) the Borrower shall otherwise be in compliance with Section 5.7 and Section 6.4.

 (b) The Borrower may designate any Restricted Subsidiary as an Unrestricted Subsidiary and may designate any Unrestricted
Subsidiary as a Restricted Subsidiary; provided that (i) before and after giving effect to such designation, no Default shall exist, (ii) if such designation is to make a Restricted Subsidiary an Unrestricted Subsidiary, the Borrower can
demonstrate compliance with Sections 6.1 – 6.4, 6.8, 6.9, 6.14 and 6.17-6.22 as of the date of such designation assuming such designation had not been made, in such detail as is reasonably acceptable to the Administrative Agent, (iii) only
two such designations may be made as to any particular Subsidiary, and (iv) such designation shall be made effective as of a quarter end. 

  
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 (c) The Borrower shall deliver to the Administrative Agent, within 20 Business Days after
any such designation, a certificate of a Responsible Officer of Borrower stating the effective date of such designation and stating that the applicable foregoing conditions have been satisfied. 

Section 5.9 Records; Inspection. Each Credit Party shall maintain, in all material respects, proper, complete and consistent
books of record with respect to such Person’s operations, affairs, and financial condition. From time to time upon reasonable prior notice, each Credit Party shall permit any Lender, at such reasonable times and intervals and to a reasonable
extent and under the reasonable guidance of officers of or employees delegated by officers of such Credit Party, to, subject to any applicable confidentiality considerations, examine and copy the books and records of such Credit Party, to visit and
inspect the Property of such Credit Party, and to discuss the business operations and Property of such Credit Party with the officers and directors thereof (provided that, so long as no Event of Default has occurred and is continuing, the Lenders
shall be entitled to only one such visit per year coordinated by the Administrative Agent). 
 Section 5.10 Maintenance
of Property. Each Credit Party shall, and shall cause each of its Restricted Subsidiaries to, maintain their owned, leased, or operated material Property, taken as a whole, in good condition and repair, except for normal wear and tear; and shall
abstain from, and cause each of its Restricted Subsidiaries to abstain from, knowingly or willfully permitting the commission of waste or other injury, destruction, or loss of natural resources, or the occurrence of pollution, contamination, or any
other condition in, on or about the owned or operated Property involving the Environment that could reasonably be expected to result in Response activities and that could reasonably be expected to cause a Material Adverse Change. 

ARTICLE 6 

NEGATIVE COVENANTS 
 So long as any Obligation shall remain unpaid, any Lender shall have any Commitment hereunder, or there shall exist any Letter of Credit Exposure (unless such Letter of Credit Exposure shall have been
cash collateralized on terms and in amounts reasonably acceptable to the applicable Issuing Lenders), the Borrower agrees to comply with the following covenants. 
 Section 6.1 Debt. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, create, assume, incur, suffer to exist, or in any manner become liable, directly,
indirectly, or contingently in respect of, any Debt other than the following (collectively, the “Permitted Debt”): 
 (a) (i) the Obligations, and (ii) the Banking Services Obligations subject to the limits in Section 6.1(j) below; 
 (b) Debt existing on the date hereof and set forth in Schedule 6.1 and extensions, refinancings, refundings, replacements and renewals of any such Debt subject to the last sentence of this
Section 6.1; 
 (c) intercompany Debt incurred by any Domestic Restricted Subsidiary and owing to (i) the Borrower or
(ii) any Domestic Restricted Subsidiary; provided that, if such Domestic Restricted Subsidiary to whom such Debt is owed is not a Guarantor, then such Debt shall be subordinated to the Obligations pursuant to terms substantially the same as the
subordination terms applicable to the Guarantors pursuant to the Guaranty; 
 (d) (i) intercompany Debt incurred by any First
Tier Foreign Restricted Subsidiary and owing to the Borrower or to any Wholly-Owned Domestic Restricted Subsidiary; provided that, (A) such 

  
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Debt is evidenced by a note and (B) the Administrative Agent shall have an Acceptable Security Interest in such note and the receivable evidenced thereby; and (ii) intercompany Debt
incurred by Foreign Restricted Subsidiaries and owing to First Tier Foreign Restricted Subsidiaries; 
 (e) intercompany Debt
incurred by any Credit Party for general corporate purposes and owing to any Foreign Restricted Subsidiary; provided that, (i) such Debt shall be subordinated to the Obligations pursuant to terms substantially the same as the subordination
terms applicable to the Guarantors pursuant to the Guaranty and (ii) the aggregate outstanding principal amount of such Debt permitted under this clause (e) shall not exceed $10,000,000 at any time; 

(f) purchase money debt or Capital Leases (including extensions, refinancings, refundings, replacements and renewals of thereof subject
to the last sentence of this Section 6.1) in an aggregate outstanding principal amount not to exceed $25,000,000 at any time; 
 (g) Hedging Arrangements permitted under Section 6.16; 
 (h) Debt arising
from the endorsement of instruments for collection in the ordinary course of business; 
 (i) The Triton Liabilities and the
Triton Guaranty; 
 (j) Debt incurred under overdraft lines of credit made available for the purpose of supporting the
operations of any Foreign Restricted Entity in the United Kingdom, Canada, Singapore, Dubai or any other jurisdiction that is not a Sanctioned Entity (and including extensions, refinancings, refundings, replacements and renewals of thereof subject
to the last sentence of this Section 6.1); provided that, the aggregate outstanding principal amount of such Debt permitted under this clause (j) shall not exceed $30,000,000 at any time; 

(k) unsecured Debt of the Borrower evidenced by bonds, debentures, notes or other similar instruments (including extensions,
refinancings, refundings, replacements and renewals of thereof subject to the last sentence of this Section 6.1); provided that, (i) the scheduled maturity date of such Debt shall not be earlier than one year after the Maturity
Date, (ii) such Debt shall not have any amortization or other requirement to purchase, redeem, retire, defease or otherwise make any payment in respect thereof, other than at scheduled maturity thereof and mandatory prepayments triggered upon
change in control and sale of all or substantially all assets, (v) the aggregate amount of such Debt shall not exceed $300,000,000, and (vi) the agreements and instruments governing such Debt shall not contain (A) (i) any
financial maintenance covenants that are more restrictive than those in this Agreement, or (ii) any other affirmative or negative covenants that are, taken as a whole, materially more restrictive than those set forth in this Agreement; provided
that the inclusion of any covenant that is customary with respect to such type of Debt and that is not found in this Agreement shall not be deemed to be more restrictive for purposes of this clause (A), (B) any restriction on the ability of the
Borrower or any of its Restricted Subsidiaries to amend, modify, restate or otherwise supplement this Agreement or the other Credit Documents, (C) any restrictions on the ability of any Subsidiary of the Borrower to guarantee the Secured
Obligations (as such Secured Obligations may be amended, supplemented, modified, or amended and restated), provided that a requirement that any such Subsidiary also guarantee such Debt shall not be deemed to be a violation of this clause (C),
(D) any restrictions on the ability of any Restricted Subsidiary or the Borrower to pledge assets as collateral security for the Secured Obligations (as such Secured Obligations may be amended, supplemented, modified, or amended and restated),
or (E) any restrictions on the ability of any Restricted Subsidiary or the Borrower to incur Debt under this Agreement or any other Credit Document other than a restriction as to the outstanding principal amount of such Debt in excess of
$700,000,000; 

  
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 (l) unsecured Debt in respect of redeemable preferred Equity Interest, provided that, the
terms thereof shall not require any purchase, redemption, retirement, defeasance or other payment in respect thereof at any time prior to one year after the Maturity Date; 
 (m) Debt of any Restricted Entity that is not recourse to any other Restricted Entity and that is assumed by such Restricted Entity in connection with any Permitted Acquisition (or, if such Restricted
Subsidiary is acquired as part of such Permitted Acquisition, existing prior thereto) and the refinancing and renewal thereof; provided, however, that (i) such Debt exists at the time of such Permitted Acquisition at least in the amounts
assumed in connection therewith and is not drawn down, created or increased in contemplation of or in connection with such Permitted Acquisition, (ii) that such Debt is not recourse to any Restricted Entity or any Property thereof prior to the
date of such Permitted Acquisition, and (iii) the aggregate principal amount of Debt at any time outstanding pursuant to this clause (m) shall not exceed $10,000,000; 

(n) Debt arising from the financing of insurance premium of any Restricted Entity, so long as (i) such Debt shall not be in excess
of the amount of the unpaid cost of, and shall be incurred only to defer the cost of, such insurance for the underlying term of such insurance policy, (ii) any unpaid amount of such Debt is fully cancelled upon termination of the underlying
insurance policy, and (iii) the aggregate principal amount of Debt at any time outstanding pursuant to this clause (n) shall not exceed $10,000,000; 
 (o) secured Debt not otherwise permitted under the preceding provisions of this Section 6.1 (including extensions, refinancings, refundings, replacements and renewals of thereof subject to the last
sentence of this Section 6.1); provided that, (i) the aggregate principal amount of such Debt shall not exceed $25,000,000 at any time, (ii) the Properties encumbered by any Lien securing such Debt shall not be Collateral or any
Property that is required to be Collateral under Section 5.7, and (iii) the aggregate principal amount of the Debt secured by Material Real Property shall not exceed $10,000,000; 

(p) unsecured Debt in respect of Investments permitted by Section 6.3(d), Section 6.3(e) and Section 6.3(o); and

 (q) unsecured Debt not otherwise permitted under the preceding provisions of this Section 6.1 (including extensions,
refinancings, refundings, replacements and renewals of thereof subject to the last sentence of this Section 6.1); provided that, the aggregate outstanding principal amount of Debt permitted under this clause (q) shall not exceed
$35,000,000 at any time. 
 Any extensions, refinancings, refundings, replacements and renewals of Debt as permitted above in this
Section 6.1 shall be subject to the following conditions: (A) any such refinancing Debt is in an aggregate principal amount not greater than the aggregate principal amount of the Debt being renewed or refinanced, plus the amount of any
premiums required to be paid thereon and reasonable fees and expenses associated therewith and an amount equal to any unutilized active commitment under the Debt being renewed or refinanced and (B) the covenants, events of default,
subordination and other provisions thereof (including any guarantees thereof) shall be, in the aggregate, no less favorable to the Lenders than those contained in the Debt being renewed or refinance; provided that, the foregoing conditions are not,
and shall not be construed as, an increase in any dollar limit already provided in Section 6.1 above nor an amendment of any specific requirement set forth in Section 6.1 above, including the specific requirements under clause
(k) above. 
 Section 6.2 Liens. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries
to, create, assume, incur, or suffer to exist any Lien on the Property of any Credit Party or any Restricted Subsidiary, whether now owned or hereafter acquired, or assign any right to receive any income, other than the following (collectively, the
“Permitted Liens”): 

  
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 (a) Liens securing the Secured Obligations pursuant to the Security Documents; 

(b) Liens imposed by law, such as materialmen’s, mechanics’, carriers’, workmen’s and repairmen’s liens,
landlord’s liens and other similar liens, and such Liens granted under contract with such materialmen, mechanic, carrier, workmen, repairmen and landlord, in any case, arising in the ordinary course of business securing obligations which are
not overdue for a period of more than 30 days or are being contested in good faith by appropriate procedures or proceedings and for which adequate reserves have been established; 

(c) Liens arising in the ordinary course of business out of pledges or deposits under workers compensation laws, unemployment insurance,
old age pensions, or other social security or retirement benefits, or similar legislation to secure public or statutory obligations; 
 (d) Liens for taxes, assessment, or other governmental charges which are not yet due and payable or which are being actively contested in good faith by appropriate proceedings; 

(e) Liens securing purchase money debt or Capital Lease obligations permitted under Section 6.1(f); provided that each such
Lien encumbers only the Property purchased in connection with the creation of any such purchase money debt or the subject of any such Capital Lease, and all proceeds thereof (including insurance proceeds); 

(f) Liens arising from precautionary UCC financing statements regarding operating leases; 

(g) encumbrances consisting of easements, zoning restrictions, servitudes or other restrictions on the use of real property that do not
(individually or in the aggregate) materially affect the value of the assets encumbered thereby or materially impair the ability of any Credit Party to use such assets in its business; 

(h) Liens arising solely by virtue of any statutory or common law provision relating to banker’s liens, rights of set-off or similar
rights and remedies and burdening only deposit accounts or other funds maintained with a depository institution; 
 (i) Liens on
cash or securities pledged to secure performance of tenders, surety and appeal bonds, government contracts, performance and return of money bonds, bids, trade contracts, leases, statutory obligations, regulatory obligations and other obligations of
a like nature incurred in the ordinary course of business; 
 (j) judgment and attachment Liens not giving rise to an Event of
Default, provided that (i) any appropriate legal proceedings which may have been duly initiated for the review of such judgment shall not have been finally terminated or the period within which such proceeding may be initiated shall not have
expired and (ii) no action to enforce such Lien has been commenced; 
 (k) Liens arising out of conditional sale, title
retention, consignment or similar arrangements for sale of goods entered into in the ordinary course of business or Liens arising by operation of law under Article 2 of the UCC or by contract in favor of a reclaiming seller of goods or buyer of
goods (including purchase money security interests in favor of vendors in the ordinary course of business); 
 (l) Liens solely
on cash earnest money deposits made in connection with any letter of intent or purchase agreement permitted hereunder; 

  
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 (m) Lien arising by reason of deposits with or giving of any form of security to any
Governmental Authority for any purpose at any time as required by applicable law as a condition to the transaction of any business or the exercise of any privilege or license; 
 (n) Liens created pursuant to joint venture agreements and related documents (to the extent requiring a Lien on the Equity Interest owned by any Borrower or Restricted Entity in the applicable joint
venture is required thereunder) having ordinary and customary terms (including with respect to Liens) and entered into in the ordinary course of business and securing obligations other than Debt; 

(o) Liens encumbering Properties of the Restricted Entities which is not Collateral or Property required to be Collateral under
Section 5.7 and securing Debt permitted under Section 6.1(o); 
 (p) Liens encumbering Properties of Foreign
Subsidiaries securing Debt permitted under Section 6.1(j); 
 (q) Liens on Property of a Person which becomes a Restricted
Subsidiary after the date hereof, to the extent that (i) such Liens are in existence at the time such Person becomes a Restricted Subsidiary and were not created in anticipation thereof and (ii) the Debt secured by such Liens does not
thereafter increase in amount; and 
 (r) Liens existing as of the date hereof and set forth on Schedule 6.2. 

Section 6.3 Investments. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, make or hold any
Investment other than the following (collectively, the “Permitted Investments”): 
 (a) Investments in the form
of trade credit to customers of a Restricted Entity arising in the ordinary course of business and represented by accounts from such customers; 
 (b) Liquid Investments; 
 (c) Investments made prior to the Effective Date as
specified in the attached Schedule 6.3; 
 (d) Investments in any Subsidiary that is not a Credit Party; provided that,
(i) the aggregate amount of all such Investments permitted under this clause (d) does not exceed $25,000,000 (other than as a result of appreciation), and (ii) if any Restricted Payments made by Unrestricted Subsidiaries are included
in the calculation of EBITDA of any period for any purpose under this Agreement, then no Investments may be made by any Restricted Entity in such applicable Unrestricted Subsidiary during such period (under this clause (d) or otherwise) unless
the Borrower would otherwise be in compliance with the applicable covenant without taking into account such Restricted Payments from the Unrestricted Subsidiaries; 
 (e) Investments by a Credit Party to any other Credit Party; 
 (f) Investments in
the form of Permitted Acquisitions; provided that, if such Permitted Acquisition involves a Subsidiary, such Acquisitions otherwise complies with this Agreement, including Section 5.8 as to Wholly-Owned Domestic Restricted Subsidiaries
and clause (d) above with respect to any Subsidiary that is not a Credit Party; 
 (g) creation of any additional
Restricted Subsidiaries in compliance with Section 5.8; 

  
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 (h) creation of any Unrestricted Subsidiaries in compliance with Section 5.8; provided
that, the initial capitalization thereof is permitted under clause (d) above; 
 (i) loans or advances to directors,
officers and employees of any Restricted Entity for expenses or other payments incident to such Person’s employment or association with any Restricted Entity; provided that the aggregate outstanding amount of such advances and loans shall not
exceed $2,500,000; 
 (j) the Reorganization and the other Transactions contemplated by this Agreement; 

(k) Investments (including debt obligations and Equity Interests) and other assets received in connection with the bankruptcy or
reorganization of suppliers and customers or in settlement or delinquent obligations of, or other disputes with, customers and suppliers arising in the ordinary course of business or received upon the foreclosure with respect to any secured
investment or other transfer of title with respect to any secured investment; 
 (l) Investments in the form of mergers and
consolidations of Restricted Entities in compliance with Section 6.7(a); provided that, if such Investments involves a Subsidiary, such Acquisitions otherwise complies with this Agreement, including Section 5.8 as to Restricted
Subsidiaries and clause (d) above with respect to any Subsidiary that is not a Credit Party; 
 (m) Capital Expenditures
permitted under Section 6.20; 
 (n) Investments in the form of Equity Interests, including the purchase or acquisition
thereof and capital contributions in connection therewith, made by the Restricted Entities to Foreign Restricted Subsidiaries; provided that, (i) such Investments are made for general corporate purposes or to fund a Permitted Acquisition,
(ii) the aggregate amount of such Investments permitted under this clause (n) shall not exceed $50,000,000 (other than as a result of appreciation), and (iii) such Investments shall be subject to the limitation in
Section 6.3(d)(ii) above); and 
 (o) other Investments in an aggregate amount not to exceed $10,000,000 (other than as a
result of appreciation). 
 Section 6.4 Acquisitions. No Credit Party shall, nor shall it permit any of its
Restricted Subsidiaries to, make an Acquisition in a single transaction or related series of transactions other than: 
 (a)
mergers and consolidations permitted by Section 6.7(a), and 
 (b) an Acquisition that meets each of the following
conditions: (i) no Default exists both before and after giving effect to such Acquisition; (ii) both before and after giving effect to such Acquisition, Availability is greater than or equal to $40,000,000; and (iii) either
(A) no more than 65% of the total consideration for such Acquisition will be funded with Advances or (B) after giving effect to such Acquisition, the Borrower’s pro forma Leverage Ratio is less than (1) 3.25 to 1.00 for any
period ending on or prior to June 30, 2011, (2) 3.00 to 1.00 for any period ending after June 30, 2011 but on or prior to June 30, 2012, (3) 2.75 to 1.00 for any period ending after June 30, 2012 but on or prior to
June 30, 2013, and (4) 2.50 to 1.00 for any period ending after June 30, 2013, and the Borrower has delivered to the Administrative Agent a compliance certificate evidencing such pro forma compliance duly executed by a Responsible
Officer of the Borrower. 
 Section 6.5 Agreements Restricting Liens. No Credit Party shall, nor shall it permit any
of its Restricted Subsidiaries to, create, incur, assume or permit to exist any contract, agreement or 

  
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understanding which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property, whether now owned or hereafter acquired, to secure the
Secured Obligations or restricts any Restricted Subsidiary from paying Restricted Payments to the Borrower, or which requires the consent of or notice to other Persons in connection therewith other than: 

(a) this Agreement and the Security Documents; 
 (b) agreements governing Debt permitted by Section 6.1(f) to the extent such restrictions govern only the assets financed pursuant to such Debt and the proceeds thereof; 

(c) agreements governing Debt permitted by Section 6.1(j), (m), and (o) to the extent such restrictions do not apply to
Collateral or Properties which are required to be Collateral under Section 5.7 and such agreements do not require the direct or indirect granting of any Lien securing such Debt or other obligation by virtue of the granting of Liens on or pledge
of Collateral to secure the Secured Obligations; 
 (d) any prohibition or limitation that (i) exists pursuant to
applicable requirements of a Governmental Authority, (ii) restricts subletting or assignment of leasehold interests contained in any lease governing a leasehold interest of Borrower or a Restricted Subsidiary and customary provisions in other
contracts restricting assignment thereof, or (iii) exists in any agreement in effect at the time a Subsidiary becomes a Restricted Subsidiary of Borrower, so long as such agreement was not entered into in contemplation of such Person becoming a
Restricted Subsidiary; and 
 (e) any prohibition or limitation that exists in any contract to which a Credit Party is a party
on the date hereof so long as (i) such prohibition or limitation is generally applicable and does not specifically address any of the Secured Obligations or the Liens granted under the Credit Documents, and (ii) the noncompliance of such
prohibition or limitation would not reasonably be expected to be adverse to any Secured Party. 
 Section 6.6 Use of
Proceeds; Use of Letters of Credit. No Credit Party shall, nor shall it permit any of its Subsidiaries to: (a) use the proceeds of the Revolving Advances for any purposes other than (i) to refinance the advances and other obligations
outstanding under the Existing Credit Agreements (other than the Triton Liabilities), (ii) the payment of fees and expenses related to the entering into of Transactions, (iii) working capital purposes of the Borrower and any Restricted
Subsidiary, or (iv) other general corporate purposes of the Borrower and any Restricted Subsidiary, including Permitted Acquisitions and permitted Restricted Payments; or (b) use the proceeds of the Swing Line Advances or the Letters of
Credit for any purposes other than (i) working capital purposes of the Borrower and any Restricted Subsidiary or (ii) other general corporate purposes of the Borrower and any Restricted Subsidiary. No Credit Party shall, nor shall it
permit any of its Subsidiaries to, directly or indirectly, use any part of the proceeds of Advances or Letters of Credit for any purpose which violates, or is inconsistent with, Regulations T, U, or X. 

Section 6.7 Corporate Actions; Accounting Changes. 
 (a) No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, merge or consolidate with or into any other Person, except: 

(i) that the Borrower may merge with any of its Wholly-Owned Restricted Subsidiaries and any Credit Party may merge or be
consolidated with or into any other Credit Party; provided that immediately after giving effect to any such proposed transaction no Default would exist and, in the case of any such merger to which the Borrower is a party, the Borrower is the
surviving entity; 

  
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 (ii) that any Restricted Entity that is not a Credit Party may merge or
consolidate with any other Restricted Entity that is not a Credit Party; 
 (iii) that any Restricted Entity that
is not a Credit Party may merge or consolidate with any Credit Party; provided that a Credit Party is the surviving entity or such merger or consolidation is otherwise permitted by Section 6.8; 

(iv) merger or consolidation as part of a Permitted Acquisitions under Section 6.4(b), subject to the conditions set
forth therein; and 
 (v) any Subsidiary may dissolve, liquidate or wind up its affairs at any time; provided
that such dissolution, liquidation or winding up, as applicable, could not reasonably be expected to have a Material Adverse Change and such Subsidiary may effect the same by merger or consolidation. 

(b) No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, (i) without at least 15 days (or such shorter
period as agreed to by the Administrative Agent) prior written notice to the Administrative Agent, change its name, change its state of incorporation, formation or organization, change its organizational identification number or reorganize in
another jurisdiction, (ii) amend, supplement, modify or restate their articles or certificate of incorporation or formation, limited partnership agreement, bylaws, limited liability company agreements, or other equivalent organizational
documents, in any manner that could reasonably be expected to be materially adverse to the Lenders, or (iii) change the method of accounting employed in the preparation of the financial statements referred to in Section 4.4 or change the
fiscal year end of the Borrower unless such changes are required to conform to GAAP or such changes are to conform the accounting practices of the Borrower and its Restricted Subsidiaries and notice of such changes have been delivered to the
Administrative Agent prior to effecting such changes. 
 Section 6.8 Disposition of Assets. No Credit Party shall,
nor shall it permit any of its Restricted Subsidiaries to, make a Disposition other than: 
 (a) Disposition by any Restricted
Entity of any of its Properties to any Credit Party; provided that, at the reasonable request of the Administrative Agent, the receiving Credit Party shall ratify, grant and confirm the Liens on such assets (and any other related Collateral)
pursuant to documentation reasonably satisfactory to the Administrative Agent; 
 (b) Disposition by any Restricted Entity that
is not a Credit Party of any of its Properties to any other Restricted Entity that is not a Credit Party; provided that, if such Property is an Equity Interest that is Collateral or otherwise required to be Collateral under Section 5.7,
then at the reasonable request of the Administrative Agent, the receiving Restricted Entity (other than a Foreign Subsidiary) shall ratify, grant and confirm the Liens on such Equity Interest (and any other related Collateral) pursuant to
documentation reasonably satisfactory to the Administrative Agent; 
 (c) Sale of inventory in the ordinary course of business
and Disposition of cash or Liquid Investments in the ordinary course of business; 
 (d) Disposition of worn out, obsolete or
surplus property in the ordinary course of business and the abandonment or other Disposition of patents, trademarks and copyrights that, in the reasonable judgment of Borrower and its Subsidiaries, should be replaced or is no longer economically
practicable to maintain or useful in the conduct of the business of the Borrower and its Subsidiaries taken as a whole; 

  
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 (e) mergers and consolidations in compliance with Section 6.7(a); 

(f) Permitted Investments; 
 (g) assignments and licenses of patents, trademarks or copyrights of any Restricted Entity in the ordinary course of business; 
 (h) Disposition of any assets required under Legal Requirements; 
 (i)
Dispositions of equipment in the ordinary course of business the proceeds of which are reinvested in the acquisition of equipment of comparable value and type within 90 days and on which the Administrative Agent has an Acceptable Security Interest;

 (j) Dispositions of Equity Interests in a joint venture or Unrestricted Subsidiary; 

(k) leases of real or personal property in the ordinary course of business; and 

(l) Disposition of Properties not otherwise permitted under the preceding clauses of this Section 6.8; provided that, such
Disposition, taken together with all such other Dispositions completed since the Effective Date, does not exceed 5% of the Tangible Net Assets in the aggregate and calculated at the time of such subject Disposition. 

Section 6.9 Restricted Payments. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to make any
Restricted Payments except that: 
 (a) the Restricted Subsidiaries of the Borrower may make Restricted Payments to the Borrower
or any other Credit Party, 
 (b) the Borrower may make Permitted Tax Distributions, 

(c) so long as no Default exists or would result from the making of such Restricted Payment, the Borrower or any Restricted Subsidiary
may make cash Restricted Payments in an amount not to exceed $10,000,000 in the aggregate to existing and former officers, directors, and employees of the Borrower or such Restricted Subsidiary; provided that such Restricted Payments are in
consideration for the retirement, purchase, or redemption of any of the Equity Interests of such Restricted Entity, or any option, warrant or other right to purchase or acquire such Equity Interest, in any event, held by such Person; 

(d) the Closing Date Redemptions may be made prior to or contemporaneously with the other Transactions as part of the Reorganization;
provided that the aggregate amount of Restricted Payments permitted under this clause (d) and under clause (e) below shall not exceed $50,000,000; 
 (e) the Stockholder Redemption may be made on or prior to September 30, 2010; provided that the aggregate amount of Restricted Payments permitted under this clause (e) and under clause
(d) above shall not exceed $50,000,000; 
 (f) so long as no Default exists or would result from the making of such
Restricted Payment, the Borrower may make to SCF the G&A Payments in an aggregate amount not to exceed $500,000 per fiscal year; 

  
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 (g) the Restricted Entities may make cash Restricted Payments so long as, (i) no
Default exists or would result from the making of such Restricted Payment, (ii) such Restricted Payment is made after December 31, 2011, and (iii) after giving effect to the making of such Restricted Payment (A) the pro forma
Leverage Ratio would be less than or equal to 2.50 to 1.00; (B) Availability would be equal to or greater than $40,000,000, (C) the aggregate amount of Restricted Payments made in any fiscal quarter (the “Subject Quarter”)
would not exceed 50% of the Borrower’s consolidated EBITDA for the four fiscal quarters ended immediately prior to such Subject Quarter, and (D) the aggregate amount of Restricted Payments made in any consecutive four fiscal quarter period
(the “Subject Period”) would not exceed 50% of the Borrower’s consolidated EBITDA for the four fiscal quarter period ended immediately prior to the Subject Period. 

Section 6.10 Affiliate Transactions. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to,
directly or indirectly, enter into or permit to exist any transaction or series of transactions (including, but not limited to, the purchase, sale, lease or exchange of Property, the making of any investment, the giving of any guaranty, the
assumption of any obligation or the rendering of any service) with any of their Affiliates which are not Restricted Entities other than: 
 (a) such transaction or series of transactions are arm’s length transactions entered into on terms that are not materially less favorable to the Borrower or any Restricted Subsidiary, as applicable,
than those that could be obtained in a comparable arm’s length transaction with a Person that is not such an Affiliate; 

(b) the intercompany agreements described on Schedule 6.10; provided that the terms thereof may not be amended, supplemented or otherwise
modified unless such amended, supplemented or otherwise modified terms complies with clause (a) above; 
 (c) the
Restricted Payments permitted under Section 6.9; 
 (d) Investments in the form of Equity Interests of Subsidiaries,
including the purchase or acquisition thereof and capital contributions in connection therewith; 
 (e) reasonable and customary
director, officer and employee compensation (including bonuses) and other benefits (including retirement, health, stock option and other benefit plans). 
 Section 6.11 Line of Business. No Credit Party shall, and shall not permit any of its Restricted Subsidiaries to, change the character of the Borrower’s and its Restricted Subsidiaries
collective business as conducted on the date of this Agreement, or engage in any type of business not reasonably related to, or a normal extension of, the Borrower’s and its Restricted Subsidiaries collective business as presently conducted.

 Section 6.12 Hazardous Materials. No Credit Party (a) shall, nor shall it permit any of its Subsidiaries to,
create, handle, transport, use, or dispose of any Hazardous Substance or Hazardous Waste, except in the ordinary course of its business and except in compliance with Environmental Law other than to the extent that such non-compliance could not,
individually or in the aggregate, reasonably be expected to result in a Material Adverse Change or in any liability on the Lenders or the Administrative Agent, and (b) shall, nor shall it permit any of its Subsidiaries to, Release any Hazardous
Substance or Hazardous Waste into the Environment and shall not permit any Credit Party’s or any Subsidiary’s Property to be subjected to any Release of Hazardous Substance or Hazardous Waste, except in compliance with Environmental Law
other than to the extent that such non-compliance could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Change or in any material liability on the Lenders or the Administrative Agent. 

  
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 Section 6.13 Compliance with ERISA. Except for matters that could not reasonably
be expected to cause a Material Adverse Change, no Credit Party shall, nor shall it permit any of its Subsidiaries to, directly or indirectly: (a) engage in any transaction in connection with which the Borrower or any Subsidiary could be
subjected to either a civil penalty assessed pursuant to Section 502(c), (i) or (l) of ERISA or a tax imposed by Chapter 43 of Subtitle D of the Code; (b) terminate, or permit any member of the Controlled Group to terminate, any
Plan in a manner, or take any other action with respect to any Plan, which could result in any liability to the Borrower, any Subsidiary or any member of the Controlled Group to the PBGC; (c) fail to make, or permit any member of the Controlled
Group to fail to make, full payment when due of all amounts which, under the provisions of any Plan, agreement relating thereto or applicable law, the Borrower, a Subsidiary or member of the Controlled Group is required to pay as contributions
thereto; (d) permit to exist, or allow any Subsidiary or any member of the Controlled Group to permit to exist, any accumulated funding deficiency (or unpaid minimum required contribution for plan years after December 31, 2007) within the
meaning of Section 302 of ERISA or Section 412 of the Code, whether or not waived, with respect to any Plan; (e) permit, or allow any member of the Controlled Group to permit, the actuarial present value of the benefit liabilities (as
“actuarial present value of the benefit liabilities” shall have the meaning specified in Section 4041 of ERISA) under any Plan that is regulated under Title IV of ERISA to exceed the current value of the assets (computed on a plan
termination basis in accordance with Title IV of ERISA) of such Plan allocable to such benefit liabilities; (f) contribute to or assume an obligation to contribute to, or permit any member of the Controlled Group to contribute to or assume an
obligation to contribute to, any Multiemployer Plan; (g) acquire, or permit any member of the Controlled Group to acquire, an interest in any Person that causes such Person to become a member of the Controlled Group if such Person sponsors,
maintains or contributes to, or at any time in the six-year period preceding such acquisition has sponsored, maintained, or contributed to, (1) any Multiemployer Plan, or (2) any other Plan that is subject to Title IV of ERISA under which
the actuarial present value of the benefit liabilities under such Plan exceeds the current value of the assets (computed on a plan termination basis in accordance with Title IV of ERISA) of such Plan allocable to such benefit liabilities;
(h) incur, or permit any member of the Controlled Group to incur, a liability to or on account of a Plan under Sections 515, 4062, 4063, 4064, 4201 or 4204 of ERISA; or (i) contribute to or assume an obligation to contribute to any
employee welfare benefit plan, as defined in Section 3(1) of ERISA, including, without limitation, any such plan maintained to provide benefits to former employees of such entities, that may not be terminated by such entities in their sole
discretion at any time without any liability. 
 Section 6.14 Sale and Leaseback Transactions. No Credit Party
shall, nor shall it permit any of its Restricted Subsidiaries to, sell or transfer to a Person any Property, whether now owned or hereafter acquired, if at the time or thereafter the Borrower or a Restricted Subsidiary shall lease as lessee such
Property or any part thereof or other Property which the Borrower or a Restricted Subsidiary intends to use for substantially the same purpose as the Property sold or transferred; provided that, the Restricted Entities may effect such transactions
with Property that is not Collateral so long as such transactions do not exceed $10,000,000 in the aggregate. 

Section 6.15 [Reserved]. 
 Section 6.16 Limitation on Hedging. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, (a) purchase, assume, or hold a speculative position in any
commodities market or futures market or enter into any Hedging Arrangement for speculative purposes; or (b) be party to or otherwise enter into any Hedging Arrangement which is entered into for reasons other than as a part of its normal
business operations as a risk management strategy and/or hedge against changes resulting from market conditions related to the Borrower’s or its Restricted Subsidiaries’ operations; provided that, for the avoidance of doubt, any
Restricted Entity may enter into Hedging Arrangements (A) to mitigate risk to which such Restricted Entity has actual exposure, (B) to effectively cap, collar or exchange interest 

  
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rates (from fixed to floating rates, from one floating rate to another floating rate or otherwise) with respect to any interest-bearing liability or investment of any Restricted Entities and
(C) consisting of spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes. 
 Section 6.17 Total Capitalization Ratio. Borrower shall not permit the Capitalization Ratio to be more than 0.65 to 1.00. 

Section 6.18 Leverage Ratio. Borrower shall not permit the Leverage Ratio as of the last day of each fiscal quarter,
commencing with the quarter ending September 30, 2010, to be more than (a) 3.75 to 1.00 for each fiscal quarter ending on or prior to June 30, 2011, (b) 3.50 to 1.00 for each fiscal quarter ending after June 30, 2011 but on
or prior to June 30, 2012, (c) 3.25 to 1.00 for each fiscal quarter ending after June 30, 2012 but on or prior to June 30, 2013, and (d) 3.00 to 1.00 for each fiscal quarter ending after June 30, 2013. 

Section 6.19 Interest Coverage Ratio. Borrower shall not permit the Interest Coverage Ratio as of the last day of each fiscal
quarter, commencing with the quarter ending September 30, 2010, to be less than 3.00 to 1.00. 
 Section 6.20
Capital Expenditures. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, cause the aggregate Capital Expenditures (other than Equity Funded Capital Expenditures) expended by the Borrower or any of its Restricted
Subsidiaries in any fiscal year to exceed 50% of the Borrower’s consolidated EBITDA for the immediately prior fiscal year. 

Section 6.21 Non-Obligors. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, (a) permit
the Net Income of the Credit Parties to be less than 85% of the consolidated Net Income of the Borrower and its Domestic Restricted Subsidiaries, (b) permit the net book value of all assets of the Credit Parties to be less than 85% of the
aggregate consolidated net book value of all assets of the Borrower and its Domestic Restricted Subsidiaries, (c) permit the Net Income of the Combined Entities to be less than 85% of the consolidated Net Income of the Borrower and its
Restricted Subsidiaries, (d) permit the net book value of all assets of the Combined Entities to be less than 85% of the aggregate consolidated net book value of all assets of the Borrower and its Restricted Subsidiaries, in each case, as
established in accordance with GAAP and as reflected in the financial statements most recently delivered to the Administrative Agent pursuant to the terms hereof. 
 Section 6.22 Prepayment of Certain Debt. No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, prepay, redeem, purchase, defease or otherwise satisfy prior to the
scheduled maturity thereof in any manner, or make any payment in violation of any subordination terms of, any Debt, except (a) the prepayment of the Obligations in accordance with the terms of this Agreement, (b) regularly scheduled or
required repayments or redemptions of Permitted Debt (other than Debt permitted under Section 6.1(k) and Debt permitted under Section 6.1(l)) and refinancings and refundings of Permitted Debt so long as such refinancings and refundings
would otherwise comply with Section 6.1, including the last sentence therein, and (c) so long as no Event of Default exists or would result therefrom, other prepayments of Permitted Debt not described in the immediately preceding clauses
(a) and (b), but specifically excluding any prepayments, redemptions, purchases, defeasance, or other satisfaction of Debt permitted under Section 6.1(k) and Debt permitted under Section 6.1(l). 

  
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 ARTICLE 7 
 DEFAULT AND REMEDIES 
 Section 7.1 Events of Default. The
occurrence of any of the following events shall constitute an “Event of Default” under this Agreement and any other Credit Document: 
 (a) Payment Failure. Any Credit Party (i) fails to pay any principal when due under this Agreement or under any AutoBorrow Agreement (other the failure to pay such principal under such
AutoBorrow Agreement which is fully satisfied with a Borrowing under Section 2.3(c)) or (ii) fails to pay, within three Business Days of when due, any other amount due under this Agreement or any other Credit Document, including payments
of interest fees, reimbursements, and indemnifications; 
 (b) False Representation or Warranties. Any representation or
warranty made or deemed to be made by any Credit Party or any officer thereof in this Agreement, in any other Credit Document or in any certificate delivered in connection with this Agreement or any other Credit Document is incorrect, false or
otherwise misleading in any material respect (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) at the time it was made or
deemed made; 
 (c) Breach of Covenant. (i) Any breach by any Credit Party of any of the covenants in
Section 5.3(a), or Article 6 of this Agreement or the corresponding covenants in any Guaranty; provided, however that any Event of Default under Sections 6.17 and 6.18 is subject to cure as contemplated by Section 7.7 below; or
(ii) any breach by any Credit Party of any other covenant contained in this Agreement or any other Credit Document and such breach shall remain unremedied for a period of thirty days after the earliest of (A) the date any officer of the
Borrower has actual knowledge of such breach, (B) the date any Executive Officer of any Restricted Subsidiary has actual knowledge of such breach, and (C) the date written notice thereof shall have been given to the Borrower by the
Administrative Agent or a Lender; 
 (d) Guaranties. Any material provision in the Guaranty shall at any time (before the
Guaranty expires in accordance with its terms) and for any reason be determined by a court of competent jurisdiction to cease to be in full force and effect and valid and binding on the Guarantors party thereto or shall be contested by any Guarantor
party thereto or by the Borrower; the Borrower or any Guarantor shall deny in writing that it has any liability or obligation under such Guaranty; or any Guarantor shall cease to exist other than as expressly permitted by the terms of this
Agreement; 
 (e) Security Documents. Any Security Document shall at any time and for any reason cease to create an
Acceptable Security Interest with respect to any Collateral having a fair market value, individually or in the aggregate, in excess of $5,000,000 (unless released or terminated pursuant to the terms of such Security Document) or any material
provisions thereof shall cease to be in full force and effect and valid and binding on the Credit Party that is a party thereto or any such Person shall so state in writing (unless released or terminated pursuant to the terms of such Security
Document); 
 (f) Cross-Default. (i) Any Restricted Entity shall fail to pay any principal of or premium or interest
on its Debt which is outstanding in a principal amount of at least $20,000,000 individually or when aggregated with all such Debt of the Restricted Entities so in default (but excluding Debt owing to the Lenders hereunder) when the same becomes due
and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt;
(ii) any other event shall occur or condition shall exist under any agreement or instrument relating to Debt of the Restricted Entities which is outstanding in a principal amount of at least $20,000,000 individually or

  
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when aggregated with all such Debt of the Restricted Entities so in default (but excluding Debt owing to the Lenders hereunder), and shall continue after the applicable grace period, if any,
specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt prior to the stated maturity thereof; or (iii) any such Debt shall be declared to
be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment); provided that, for purposes of this paragraph (f), the “principal amount” of the obligations in respect of Hedging Arrangements
at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that would be required to be paid if such Hedging Arrangements were terminated at such time; 

(g) Bankruptcy and Insolvency. (i) Except as otherwise permitted under this Agreement, any Credit Party shall terminate its
existence or dissolve or (ii) any Restricted Entity (A) admits in writing its inability to pay its debts generally as they become due; makes an assignment for the benefit of its creditors; consents to or acquiesces in the appointment of a
receiver, liquidator, fiscal agent, or trustee of itself or any of its Property; files a petition under bankruptcy or other laws for the relief of debtors; or consents to any reorganization, arrangement, workout, liquidation, dissolution, or similar
relief or (B) shall have had, without its consent: any court enter an order appointing a receiver, liquidator, fiscal agent, or trustee of itself or any of its Property; any petition filed against it seeking reorganization, arrangement,
workout, liquidation, dissolution or similar relief under bankruptcy or other laws for the relief of debtors and such petition shall not be dismissed, stayed, or set aside for an aggregate of 60 days, whether or not consecutive; 

(h) Adverse Judgment. Any Restricted Entity suffers final judgments against any of them since the date of this Agreement in an
aggregate amount, less any insurance proceeds covering such judgments which are received or as to which the insurance carriers have not denied, greater than $20,000,000 and either (i) enforcement proceedings shall have been commenced by any
creditor upon such judgments or (ii) there shall be any period of 30 consecutive days during which a stay of enforcement of such judgments, by reason of a pending appeal or otherwise, shall not be in effect; 

(i) Termination Events. Any Termination Event with respect to a Plan shall have occurred, and, 30 days after notice thereof shall
have been given to the Borrower by the Administrative Agent, such Termination Event shall not have been corrected and shall have created and caused to be continuing a material risk of Plan termination or liability for withdrawal from the Plan as a
“substantial employer” (as defined in Section 4001(a)(2) of ERISA), which termination could reasonably be expect to result in a liability of, or liability for withdrawal could reasonably be expected to be, greater than $20,000,000;

 (j) Plan Withdrawals. The Borrower or any member of the Controlled Group as employer under a Multiemployer Plan shall
have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer shall have incurred a withdrawal liability in an annual amount exceeding $20,000,000; 

(k) Invalidity of Credit Agreement. Any material provision of this Agreement shall cease to be in full force and effect and valid
and binding on the Borrower or the Borrower shall so state in writing (except as permitted by the terms of this Agreement or as waived in accordance with Section 9.3); or 
 (l) Change in Control. The occurrence of a Change in Control. 

Section 7.2 Optional Acceleration of Maturity. If any Event of Default (other than an Event of Default pursuant to
Section 7.1(g)) shall have occurred and be continuing, then, and in any such event, 

  
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 (a) the Administrative Agent (i) shall at the request, or may with the consent, of the
Majority Lenders, by notice to the Borrower, declare that the obligation of each Lender to make Advances and the obligation of the Issuing Lenders to issue Letters of Credit shall be terminated, whereupon the same shall forthwith terminate, and
(ii) shall at the request, or may with the consent, of the Majority Lenders, by notice to the Borrower, declare the principal of the Obligations, all interest thereon, and all other Obligations to be forthwith due and payable, whereupon such
principal, all such interest, and all such amounts shall become and be forthwith due and payable in full, without presentment, demand, protest or further notice of any kind (including, without limitation, any notice of intent to accelerate or notice
of acceleration), all of which are hereby expressly waived by each of the Credit Parties, 
 (b) the Borrower shall, on demand
of the Administrative Agent at the request or with the consent of the Majority Lenders, deposit with the Administrative Agent into the Cash Collateral Account an amount of cash equal to 103% of the Dollar Equivalent of the outstanding Letter of
Credit Exposure as security for the Secured Obligations to the extent the Letter of Credit Obligations are not otherwise paid or cash collateralized at such time, and 
 (c) the Administrative Agent shall at the request of, or may with the consent of, the Majority Lenders proceed to enforce its rights and remedies under the Security Documents, the Guaranties, or any other
Credit Document for the ratable benefit of the Secured Parties by appropriate proceedings. 
 Section 7.3 Automatic
Acceleration of Maturity. If any Event of Default pursuant to Section 7.1(g) shall occur, 
 (a) the obligation of each
Lender to make Advances and the obligation of the Issuing Lenders to issue Letters of Credit shall immediately and automatically be terminated and all Obligations shall immediately and automatically become and be due and payable in full, without
presentment, demand, protest or any notice of any kind (including, without limitation, any notice of intent to accelerate or notice of acceleration), all of which are hereby expressly waived by each of the Credit Parties, 

(b) the Borrower shall, on demand of the Administrative Agent at the request or with the consent of the Majority Lenders, deposit with
the Administrative Agent into the Cash Collateral Account an amount of cash equal to 103% of the Dollar Equivalent of the outstanding Letter of Credit Exposure as security for the Secured Obligations to the extent the Letter of Credit Obligations
are not otherwise paid or cash collateralized at such time, and 
 (c) the Administrative Agent shall at the request of, or may
with the consent of, the Majority Lenders proceed to enforce its rights and remedies under the Security Documents, the Guaranties, or any other Credit Document for the ratable benefit of the Secured Parties by appropriate proceedings. 

Section 7.4 Right of Set-Off. If an Event of Default shall have occurred and be continuing, each Lender, each Issuing Lender,
and each of their respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand, provisional or final,
in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, such Issuing Lender or any such Affiliate to or for the credit or the account of the Borrower or any other Credit Party against any
and all of the obligations of the Borrower or such Credit Party now or hereafter existing under this Agreement or any other Credit Document to such Lender or such Issuing Lender, irrespective of whether or not such Lender or such Issuing Lender
shall have made any demand under this Agreement or any other Credit Document and although such obligations of the Borrower or such Credit Party may be contingent or unmatured or are owed to a branch or office of such Lender or such Issuing Lender
different from the branch or office holding such deposit or obligated on such indebtedness. The rights of each 

  
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Lender, such Issuing Lender and their respective Affiliates under this Section 7.4 are in addition to other rights and remedies (including other rights of setoff) that such Lender, such
Issuing Lender or their respective Affiliates may have. Each Lender and each Issuing Lender agrees to notify the Borrower and the Administrative Agent promptly after any such setoff and application, provided that the failure to give such notice
shall not affect the validity of such setoff and application. 
 Section 7.5 Remedies Cumulative, No Waiver. No
right, power, or remedy conferred to any Lender in this Agreement or the Credit Documents, or now or hereafter existing at law, in equity, by statute, or otherwise shall be exclusive, and each such right, power, or remedy shall to the full extent
permitted by law be cumulative and in addition to every other such right, power or remedy. No course of dealing and no delay in exercising any right, power, or remedy conferred to any Lender in this Agreement and the Credit Documents or now or
hereafter existing at law, in equity, by statute, or otherwise shall operate as a waiver of or otherwise prejudice any such right, power, or remedy. Any Lender may cure any Event of Default without waiving the Event of Default. No notice to or
demand upon the Borrower or any other Credit Party shall entitle the Borrower or any other Credit Party to similar notices or demands in the future. 
 Section 7.6 Application of Payments. Prior to an Event of Default, all payments made hereunder shall be applied by the Administrative Agent as directed by the Borrower, but subject to the
terms of this Agreement, including the application of prepayments according to Section 2.5 and Section 2.12. During the existence of an Event of Default, all payments and collections received by the Administrative Agent shall be applied to
the Secured Obligations in accordance with Section 2.12 and otherwise in the following order: 
 FIRST, to
the payment of all costs and expenses incurred by the Administrative Agent (in its capacity as such hereunder or under any other Credit Document) in connection with this Agreement or any of the Secured Obligations, including all court costs and the
fees and expenses of its agents and legal counsel, the repayment of all advances made by the Administrative Agent as secured party hereunder or under any other Credit Document on behalf of any Credit Party and any other costs or expenses incurred in
connection with the exercise of any right or remedy hereunder or under any other Credit Document; 
 SECOND, to
the payment of all accrued interest constituting part of the Secured Obligations other than Non-Credit Party Obligations (the amounts so applied to be distributed ratably among the Lenders (and to the extent applicable to Hedging Arrangements, the
Swap Counterparties and to the extent applicable to Banking Services Obligations, the Banking Service Providers) pro rata in accordance with the amounts of the Secured Obligations owed to them on the date of any such distribution); 

THIRD, to the payment of any then due and owing principal constituting part of the Secured Obligations other than
Non-Credit Party Obligations (the amounts so applied to be distributed ratably among the Lenders (and to the extent applicable to Hedging Arrangements, the Swap Counterparties and to the extent applicable to Banking Services Obligations, the Banking
Service Providers) pro rata in accordance with the principal amounts of the Secured Obligations owed to them on the date of any such distribution), and when applied to make distributions by the Administrative Agent to pay the principal amount of the
outstanding Borrowings, pro rata to the Lenders; 
 FOURTH, to the payment of any then due and owing other
amounts (including fees and expenses) constituting part of the Secured Obligations other than Non-Credit Party Obligations (the amounts so applied to be distributed ratably among the Lenders (and to the extent applicable

  
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to Hedging Arrangements, the Swap Counterparties and to the extent applicable to Banking Services Obligations, the Banking Service Providers) pro rata in accordance with such amounts owed to them
on the date of any such distribution), and when applied to make distributions by the Administrative Agent to pay such amounts payable to the Lenders under this Credit Agreement, pro rata to the Lenders; 

FIFTH, to the payment of all accrued interest constituting part of the Non-Credit Party Obligations (the amounts so
applied to be distributed ratably among the Swap Counterparties and the Banking Service Providers) pro rata in accordance with the amounts of the Non-Credit Party Obligations owed to them on the date of any such distribution; 

SIXTH, to the payment of any then due and owing principal constituting part of the Non-Credit Party Obligations (the
amounts so applied to be distributed ratably among the Swap Counterparties and the Banking Service Providers) pro rata in accordance with the principal amounts of the Non-Credit Party Obligations owed to them on the date of any such distribution;

 SEVENTH, to the payment of any then due and owing other amounts (including fees and expenses) constituting
part of the Non-Credit Party Obligations (the amounts so applied to be distributed ratably among the Swap Counterparties and the Banking Service Providers) pro rata in accordance with such amounts owed to them on the date of any such distribution;
and 
 EIGHTH, to the Credit Parties, their successors or assigns, or as a court of competent jurisdiction may
otherwise direct. 
 Section 7.7 Borrower’s Right to Cure. 

(a) Notwithstanding anything to the contrary contained in Section 7.1, in the event of any Event of Default under any covenant set
forth in Section 6.17 or Section 6.18 and until the expiration of the tenth (10th) day after the date on which financial statements are required to be delivered pursuant to Section 5.2(a) or (b) with respect to the
applicable fiscal quarter hereunder, the Borrower may sell or issue common Equity Interests of the Borrower to any of the Equity Interest holders (to the extent such transaction would not result in a Change in Control) and apply the Equity Issuance
Proceeds thereof to (i) increase consolidated EBITDA of the Borrower with respect to such applicable quarter (and include it as consolidated EBITDA in such quarter for any four fiscal quarter period including such quarter), and
(ii) increase the Borrower’s shareholders’ equity with respect to such applicable quarter (and include it as shareholders’ equity in such quarter for any four fiscal quarter period including such quarter); provided that such
Equity Issuance Proceeds (A) are actually received by the Borrower no later than ten (10) days after the date on which financial statements are required to be delivered pursuant to Section 5.2(a) or (b) with respect to such
fiscal quarter hereunder and (B) do not exceed the amount necessary to cause the maximum Leverage Ratio on a pro forma basis after giving effect to the cure provided herein, for any applicable period to be 1.00x less than the then required
leverage ratio covenant under Section 6.18. Subject to the terms set forth above and the terms in clause (b) and (c) below, upon (x) application of the Equity Proceeds as provided in clause (i) and (ii) above within the
10 day period described above in such amounts sufficient to cure the Events of Default under the covenants set forth in Section 6.17 and 6.18, and (y) delivery of an updated Compliance Certificate executed by a Responsible Officer of the
Borrower to the Administrative Agent reflecting compliance with Sections 6.17 and 6.18, such Events of Default shall be deemed cured and no longer in existence. 
 (b) The parties hereby acknowledge and agree that this Section 7.7 may not be relied on for purposes of calculating any financial ratios or other conditions or compliances other than the financial
covenant set forth in Section 6.17 or Section 6.18 and shall not result in any adjustment to any amounts 

  
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other than the amount of the consolidated EBITDA and shareholders’ equity referred to in Section 7.7(a) above for purposes of determining the Borrower’s compliance with
Section 6.17 and 6.18. 
 (c) In each period of four fiscal quarters, there shall be at least three (3) fiscal
quarters in which no cure set forth in Section 7.7 is made. Furthermore, the Borrower may not utilize more than three cures provided in this Section 7.7. 
 Section 7.8 Currency Conversion After Maturity. Notwithstanding any other provision in this Agreement, on the date that there has been an acceleration of the maturity of the Obligations or a
termination of the obligations of the Lenders to make Advances hereunder or of the obligations of the Issuing Lenders to issue, increase, or extend Letters of Credit hereunder, in any case, as a result of any Event of Default, all Advances and all
other Obligations denominated in any Foreign Currency shall be converted into, and all such amounts due thereunder shall accrue and be payable in, Dollars at the Exchange Rate on such date. From and after such date, all Advances shall be denominated
only in, and all fees due under this Agreement shall be payable in, Dollars. 
 ARTICLE 8 

THE ADMINISTRATIVE AGENTS AND ISSUING LENDERS 
 Section 8.1 Appointment, Powers, and Immunities. 
 (a) Appointment
and Authority. Each of the Lenders and each Issuing Lender hereby irrevocably appoints Wells Fargo to act on its behalf as the Administrative Agent hereunder and under the other Credit Documents and authorizes the Administrative Agent to take
such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely
for the benefit of the Administrative Agent, the Lenders and the Issuing Lenders, and neither the Borrower nor any Affiliate thereof shall have rights as a third party beneficiary of any of such provisions. 

(b) Rights as a Lender. The Person serving as the Administrative Agent hereunder shall have the same rights and powers in its
capacity as a Lender as any other Lender and as an Issuing Lender as any other Issuing Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender,” “Lenders,” “Issuing Lender,”
and “Issuing Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may
accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for, make investments in, and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such
Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders. Wells Fargo (and any successor acting as Administrative Agent) and its Affiliates may accept fees and other consideration from the Borrower
or any of its Subsidiaries or Affiliates for services in connection with this Agreement or otherwise without having to account for the same to the Lenders or the Issuing Lenders. 

(c) Exculpatory Provisions. The Administrative Agent (which term as used in this clause (c) and in Section 8.5 and the
first sentence of Section 8.6 shall include its Related Parties) shall not have any duties or obligations except those expressly set forth herein and in the other Credit Documents. Without limiting the generality of the foregoing, the
Administrative Agent: 
 (i) shall not be subject to any fiduciary or other implied duties, regardless of whether
a Default has occurred and is continuing; 

  
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 (ii) shall not have any duty to take any discretionary action or exercise
any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Credit Documents that the Administrative Agent is required to exercise as directed in writing by the Majority Lenders (or such other
number or percentage of the Lenders as shall be expressly provided for herein or in the other Credit Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its
counsel, may expose the Administrative Agent to liability or that is contrary to any Credit Document or applicable law; and 
 (iii) shall not, except as expressly set forth herein and in the other Credit Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the
Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or any of its Affiliates in any capacity. 
 The Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the request of the Majority Lenders (or such other number or percentage of the Lenders
as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 7.2, 7.3 and 9.3 or (ii) in the absence of its own gross negligence or willful misconduct
as determined by a court of competent jurisdiction in a final, non-appealable judgment. The Administrative Agent shall be deemed not to have knowledge of or notice of the occurrence of any Default unless and until written notice describing such
Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Lender and specifying such notice as a “Notice of Default”. In the event that the Administrative Agent receives such a notice of the occurrence of a
Default, the Administrative Agent shall (subject to Section 9.3) take such action with respect to such Default or Event of Default as shall reasonably be directed by the Majority Lenders, provided that, unless and until the
Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default as it shall deem advisable in the best interest
of the Secured Parties. 
 The Administrative Agent shall not be responsible for, or have any duty to ascertain or inquire into,
(i) any recital, statement, warranty or representation (whether written or oral) made in or in connection with this Agreement or any other Credit Document, (ii) the contents of any certificate, report or other document delivered hereunder
or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the value,
validity, enforceability, effectiveness, enforceability, sufficiency or genuineness of this Agreement, any other Credit Document or any other agreement, instrument or document, (v) the inspection of, or to inspect, the Property (including the
books and records) of any Credit Party or any of its Subsidiaries or Affiliates, (vi) the satisfaction of any condition set forth in Article 3 or elsewhere herein, other than to confirm receipt of items expressly required to be delivered
to the Administrative Agent, or (vii) any litigation or collection proceedings (or to initiate or conduct any such litigation or proceedings) under any Credit Document unless requested by the Majority Lenders in writing and it receives
indemnification satisfactory to it from the Lenders. 
 Section 8.2 Reliance by Administrative Agent. The
Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document, writing or other communication (including any electronic message,
Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by
telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Advance, Conversion of any Advance or the issuance
of a Letter 

  
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of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or an Issuing Lender, the Administrative Agent may presume that such condition is satisfactory to such Lender or
such Issuing Lender unless the Administrative Agent shall have received notice to the contrary from such Lender or such Issuing Lender prior to the making of such Advance, Conversion of such Advance or the issuance of such Letter of Credit. The
Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any
such counsel, accountants or experts. 
 Section 8.3 Delegation of Duties. The Administrative Agent may perform any
and all of its duties and exercise its rights and powers hereunder or under any other Credit Document by or through any one or more sub agents appointed by the Administrative Agent. The Administrative Agent and any such sub agent may perform any and
all of its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub agent and to the Related Parties of the Administrative Agent and any such sub
agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent. 

Section 8.4 Indemnification. 
 (a) INDEMNITY OF ADMINISTRATIVE AGENT. THE LENDERS SEVERALLY AGREE TO INDEMNIFY THE ADMINISTRATIVE AGENT AND EACH AFFILIATE THEREOF AND THEIR RESPECTIVE RELATED PARTIES (TO THE EXTENT NOT
REIMBURSED BY THE BORROWER), RATABLY ACCORDING TO THE RESPECTIVE PRINCIPAL AMOUNTS OF THE ADVANCES THEN HELD BY EACH OF THEM (OR IF NO PRINCIPAL OF THE ADVANCES IS AT THE TIME OUTSTANDING, RATABLY ACCORDING TO THE RESPECTIVE COMMITMENTS HELD BY EACH
OF THEM IMMEDIATELY PRIOR TO THE TERMINATION, EXPIRATION OR FULL REDUCTION OF EACH SUCH COMMITMENT), FROM AND AGAINST ANY AND ALL LIABILITIES, OBLIGATIONS, LOSSES, DAMAGES, PENALTIES, ACTIONS, JUDGMENTS, SUITS, COSTS, EXPENSES, OR DISBURSEMENTS OF
ANY KIND OR NATURE WHATSOEVER WHICH MAY BE IMPOSED ON, INCURRED BY, OR ASSERTED AGAINST THE ADMINISTRATIVE AGENT OR ANY OF ITS RELATED PARTY IN ANY WAY RELATING TO OR ARISING OUT OF THIS AGREEMENT, ANY CREDIT DOCUMENT OR ANY ACTION TAKEN OR OMITTED
BY THE ADMINISTRATIVE AGENT UNDER THIS AGREEMENT OR ANY OTHER CREDIT DOCUMENT (INCLUDING SUCH INDEMNITEE’S OWN NEGLIGENCE REGARDLESS OF WHETHER SUCH NEGLIGENCE IS SOLE OR CONTRIBUTORY, ACTIVE OR PASSIVE, IMPUTED, JOINT OR TECHNICAL), AND
INCLUDING, WITHOUT LIMITATION, ENVIRONMENTAL LIABILITIES, PROVIDED THAT NO LENDER SHALL BE LIABLE FOR ANY PORTION OF SUCH LIABILITIES, OBLIGATIONS, LOSSES, DAMAGES, PENALTIES, ACTIONS, JUDGMENTS, SUITS, COSTS, EXPENSES, OR DISBURSEMENTS FOUND
IN A FINAL, NON-APPEALABLE JUDGMENT BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED FROM SUCH INDEMNITEE’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. WITHOUT LIMITATION OF THE FOREGOING, EACH LENDER AGREES TO REIMBURSE THE ADMINISTRATIVE
AGENT PROMPTLY UPON DEMAND FOR ITS RATABLE SHARE (DETERMINED AS SET FORTH ABOVE IN THIS PARAGRAPH) OF ANY OUT-OF-POCKET EXPENSES (INCLUDING COUNSEL FEES) INCURRED BY THE ADMINISTRATIVE AGENT IN CONNECTION WITH THE PREPARATION, EXECUTION, DELIVERY,
ADMINISTRATION, MODIFICATION, AMENDMENT, OR ENFORCEMENT (WHETHER THROUGH NEGOTIATIONS, LEGAL PROCEEDINGS, OR OTHERWISE) OF, OR LEGAL ADVICE IN RESPECT OF RIGHTS OR RESPONSIBILITIES UNDER, THIS AGREEMENT OR ANY OTHER CREDIT DOCUMENT, TO THE EXTENT
THAT THE ADMINISTRATIVE AGENT IS NOT REIMBURSED FOR SUCH BY THE BORROWER. 

  
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 (b) INDEMNITY OF ISSUING LENDERS. THE LENDERS SEVERALLY AGREE TO INDEMNIFY EACH
ISSUING LENDER AND EACH AFFILIATE THEREOF AND THEIR RESPECTIVE RELATED PARTIES (TO THE EXTENT NOT REIMBURSED BY THE BORROWER), RATABLY ACCORDING TO THE RESPECTIVE PRINCIPAL AMOUNTS OF THE ADVANCES THEN HELD BY EACH OF THEM (OR IF NO PRINCIPAL OF THE
ADVANCES IS AT THE TIME OUTSTANDING, RATABLY ACCORDING TO THE RESPECTIVE COMMITMENTS HELD BY EACH OF THEM IMMEDIATELY PRIOR TO THE TERMINATION, EXPIRATION OR FULL REDUCTION OF EACH SUCH COMMITMENT), FROM AND AGAINST ANY AND ALL LIABILITIES,
OBLIGATIONS, LOSSES, DAMAGES, PENALTIES, ACTIONS, JUDGMENTS, SUITS, COSTS, EXPENSES, OR DISBURSEMENTS OF ANY KIND OR NATURE WHATSOEVER WHICH MAY BE IMPOSED ON, INCURRED BY, OR ASSERTED AGAINST SUCH ISSUING LENDER OR ANY OF ITS RELATED PARTY IN ANY
WAY RELATING TO OR ARISING OUT OF THIS AGREEMENT, ANY CREDIT DOCUMENT OR ANY ACTION TAKEN OR OMITTED BY SUCH ISSUING LENDER UNDER THIS AGREEMENT OR ANY OTHER CREDIT DOCUMENT (INCLUDING SUCH INDEMNITEE’S OWN NEGLIGENCE REGARDLESS OF WHETHER
SUCH NEGLIGENCE IS SOLE OR CONTRIBUTORY, ACTIVE OR PASSIVE, IMPUTED, JOINT OR TECHNICAL), AND INCLUDING, WITHOUT LIMITATION, ENVIRONMENTAL LIABILITIES, PROVIDED THAT NO LENDER SHALL BE LIABLE FOR ANY PORTION OF SUCH LIABILITIES,
OBLIGATIONS, LOSSES, DAMAGES, PENALTIES, ACTIONS, JUDGMENTS, SUITS, COSTS, EXPENSES, OR DISBURSEMENTS FOUND IN A FINAL, NON-APPEALABLE JUDGMENT BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED FROM SUCH INDEMNITEE’S GROSS NEGLIGENCE OR
WILLFUL MISCONDUCT. 
 Section 8.5 Non-Reliance on Administrative Agent and Other Lenders. Each Lender and each
Issuing Lender agrees that it has, independently and without reliance on the Administrative Agent or any other Lender or any other Issuing Lender, and based on such documents and information as it has deemed appropriate, made its own credit analysis
of the Borrower and the other Credit Parties and decision to enter into this Agreement and that it will, independently and without reliance upon the Administrative Agent or any other Lender or any other Issuing Lender, and based on such documents
and information as it shall deem appropriate at the time, continue to make its own analysis and decisions in taking or not taking action under the Credit Documents. Except for notices, reports, and other documents and information expressly required
to be furnished to the Lenders or the Issuing Lenders by the Administrative Agent hereunder and for other information in the Administrative Agent’s possession which has been requested by a Lender and for which such Lender pays the
Administrative Agent’s expenses in connection therewith, the Administrative Agent shall not have any duty or responsibility to provide any Lender or any Issuing Lender with any credit or other information concerning the affairs, financial
condition, or business of any Credit Party or any of its Subsidiaries or Affiliates that may come into the possession of the Administrative Agent or any of its Affiliates. 
 Section 8.6 Resignation of Administrative Agent and Issuing Lenders. 

(a) The Administrative Agent and any Issuing Lender may resign at any time by giving written notice thereof to the Lenders and the
Borrower. Upon receipt of notice of any such resignation, the Majority Lenders shall have the right to appoint a successor Administrative Agent (and the Borrower shall have the right to appoint a successor Issuing Lender pursuant to clause
(b) below). If no successor Administrative Agent or Issuing Lender shall have been so appointed by the Majority Lenders (or as applicable, the Borrower) and shall have accepted such appointment, within 30 days after the retiring Administrative
Agent’s or Issuing Lender’s giving of notice of resignation, then the retiring Administrative Agent or Issuing Lender may, on behalf of the Lenders and the Borrower, appoint a successor Administrative Agent or Issuing Lender, which shall
be, in the case of a successor agent, a 

  
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commercial bank organized under the laws of the United States of America or of any State thereof and having a combined capital and surplus of at least $250,000,000.00 and, in the case of an
Issuing Lender, a Lender; provided that, if the Administrative Agent or Issuing Lender shall notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective
in accordance with such notice and (1) the retiring Administrative Agent or Issuing Lender shall be discharged from its duties and obligations hereunder and under the other Credit Documents (except that (A) in the case of any collateral
security held by the Administrative Agent on behalf of the Lenders or the Issuing Lenders under any of the Credit Documents, the retiring Administrative Agent shall continue to hold such collateral security until such time as a successor
Administrative Agent is appointed and (B) the retiring Issuing Lender shall remain the Issuing Lender with respect to any Letters of Credit outstanding on the effective date of its resignation or removal and the provisions affecting the Issuing
Lenders with respect to such Letters of Credit shall inure to the benefit of the retiring Issuing Lender until the termination of all such Letters of Credit) and (2) all payments, communications and determinations provided to be made by, to or
through the retiring Administrative Agent shall instead be made by or to each Lender and the Issuing Lenders directly, until such time as the Majority Lenders appoint a successor Administrative Agent or Issuing Lender, as applicable, as provided for
above in this paragraph. Upon the acceptance of any appointment as Administrative Agent or Issuing Lender by a successor Administrative Agent or Issuing Lender, such successor Administrative Agent or Issuing Lender shall thereupon succeed to and
become vested with all the rights, powers, privileges, and duties of the retiring Administrative Agent or Issuing Lender, and the retiring Administrative Agent or Issuing Lender shall be discharged from its duties and obligations under this
Agreement and the other Credit Documents, except that the retiring Issuing Lender shall remain the Issuing Lender with respect to any Letters of Credit outstanding on the effective date of its resignation or removal and the provisions affecting the
Issuing Lenders with respect to such Letters of Credit shall inure to the benefit of the retiring Issuing Lender until the termination of all such Letters of Credit. After any retiring Administrative Agent’s or Issuing Lender’s resignation
as Administrative Agent or Issuing Lender, the provisions of this Article 8 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent or Issuing Lender under this Agreement and the other
Credit Documents. 
 (b) Any Issuing Lender (including a retiring Issuing Lender) may be replaced at any time by written
agreement among the Borrower, the Administrative Agent, such replaced Issuing Lender and, in the case of a replacement, the successor Issuing Lender. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Lender. At
the time any such resignation or replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the retiring or replaced Issuing Lender pursuant to Section 2.7(b). From and after the effective date of such
replacement, (i) the successor Issuing Lender shall have all the rights and obligations of the replaced Issuing Lender under this Agreement with respect to Letters of Credit to be issued thereafter and (ii) references herein to
“Issuing Lender” shall be deemed to refer to such successor or to any previous Issuing Lender, or to such successor and all previous Issuing Lenders, as the context shall require. After the replacement of an Issuing Lender hereunder, the
replaced Issuing Lender shall remain a party hereto and shall continue to have all the rights and obligations of an Issuing Lender under this Agreement with respect to Letters of Credit issued by it prior to such resignation or replacement, but
shall not be required to issue additional Letters of Credit. 
 Section 8.7 Collateral Matters. 

(a) The Administrative Agent is authorized on behalf of the Secured Parties, without the necessity of any notice to or further consent
from such Secured Parties, from time to time, to take any actions with respect to any Collateral or Security Documents which may be necessary to perfect and maintain the Liens upon the Collateral granted pursuant to the Security Documents. The
Administrative Agent is further authorized (but not obligated) on behalf of the Secured Parties, without the necessity of 

  
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any notice to or further consent from the Secured Parties, from time to time, to take any action in exigent circumstances as may be reasonably necessary to preserve any rights or privileges of
the Secured Parties under the Credit Documents or applicable Legal Requirements. By accepting the benefit of the Liens granted pursuant to the Security Documents, each Secured Party hereby agrees to the terms of this paragraph (a). 

(b) The Lenders hereby, and any other Secured Party by accepting the benefit of the Liens granted pursuant to the Security Documents,
irrevocably authorize the Administrative Agent to (i) release any Lien granted to or held by the Administrative Agent upon any Collateral (a) upon termination of this Agreement, termination of all Hedging Agreements with such Persons,
termination of all Letters of Credit (other than Letters of Credit as to which other arrangements reasonably satisfactory to the applicable Issuing Lender have been made), and the payment in full of all outstanding Advances, Letter of Credit
Obligations (other than with respect to Letters of Credit as to which other arrangements reasonably satisfactory to the applicable Issuing Lender have been made) and all other Secured Obligations payable under this Agreement and under any other
Credit Document; (b) constituting property sold or to be sold or disposed of as part of or in connection with any disposition permitted under this Agreement or any other Credit Document; (c) constituting property in which no Credit Party
owned an interest at the time the Lien was granted or at any time thereafter; or (d) constituting property leased to any Credit Party under a lease which has expired or has been terminated in a transaction permitted under this Agreement or is
about to expire and which has not been, and is not intended by such Credit Party to be, renewed or extended; and (ii) release a Guarantor from its obligations under a Guaranty and any other applicable Credit Document if such Person ceases to be
a Restricted Subsidiary as a result of a transaction permitted under this Agreement. Upon the request of the Administrative Agent at any time, the Secured Parties will confirm in writing the Administrative Agent’s authority to release
particular types or items of Collateral pursuant to this Section 8.7. 
 (c) Notwithstanding anything contained in any of
the Credit Documents to the contrary, the Credit Parties, the Administrative Agent, and each Secured Party hereby agree that no Secured Party shall have any right individually to realize upon any of the Collateral or to enforce the Guaranties, it
being understood and agreed that all powers, rights and remedies hereunder and under the Security Documents may be exercised solely by Administrative Agent on behalf of the Secured Parties in accordance with the terms hereof and the other Credit
Documents. By accepting the benefit of the Liens granted pursuant to the Security Documents, each Secured Party not party hereto hereby agrees to the terms of this paragraph (c). 

Section 8.8 No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of the co-lead arrangers, joint
bookrunners, co-syndication agent or any other agent named on the cover page to this Agreement (other than the Administrative Agent) shall have any powers, duties or responsibilities under this Agreement or any of the other Credit Documents, except
in its capacity, as applicable, as the Administrative Agent, a Lender, Swing Line Lender or Issuing Lender. 
 ARTICLE 9

 MISCELLANEOUS 
 Section 9.1 Costs and Expenses. The Borrower agrees to pay within 30 days of invoice: 
 (a) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of one law firm serving as counsel for the
Administrative Agent and, if applicable, one law firm serving as local counsel for each applicable jurisdiction), in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and
administration of this Agreement and the other Credit 

  
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Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), 

(b) all reasonable out-of-pocket expenses incurred by any Issuing Lender in connection with the issuance, amendment, renewal or extension
of any Letter of Credit or any demand for payment thereunder and 
 (c) all out-of-pocket expenses incurred by the
Administrative Agent, any Lender or any Issuing Lender (including the fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or any Issuing Lender), in connection with the enforcement or protection of its rights
(A) in connection with this Agreement and the other Credit Documents, including its rights under this Section, or (B) in connection with the Advances made or Letters of Credit issued hereunder, including all such out-of-pocket expenses
incurred during any workout, restructuring or negotiations in respect of such Advances or Letters of Credit. 
 Section 9.2
Indemnification; Waiver of Damages. 
 (A) INDEMNIFICATION. EACH CREDIT PARTY HERETO AGREES TO, JOINTLY AND
SEVERALLY, INDEMNIFY AND HOLD HARMLESS THE ADMINISTRATIVE AGENT, EACH ISSUING LENDER AND EACH LENDER AND EACH OF THEIR RESPECTIVE RELATED PARTIES (EACH, AN “INDEMNITEE”) FROM AND AGAINST ANY AND ALL ACTIONS, SUITS, LOSSES, CLAIMS,
DAMAGES, LIABILITIES AND EXPENSES OF ANY KIND (INCLUDING REASONABLE ATTORNEYS’ FEES, EXPENSES AND CHARGES) OR NATURE, JOINT OR SEVERAL, TO WHICH SUCH INDEMNITEE MAY BECOME SUBJECT OR THAT MAY BE INCURRED OR ASSERTED OR AWARDED AGAINST SUCH
INDEMNITEE, IN EACH CASE ARISING OUT OF OR IN CONNECTION WITH OR BY REASON OF (INCLUDING, WITHOUT LIMITATION, IN CONNECTION WITH ANY INVESTIGATION, LITIGATION OR PROCEEDING OR PREPARATION OF A DEFENSE IN CONNECTION THEREWITH) THIS AGREEMENT, ANY
OTHER CREDIT DOCUMENT, ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN OR THE ACTUAL OR PROPOSED USE OF THE PROCEEDS OF THE ADVANCES OR LETTERS OF CREDIT ISSUED HEREUNDER, AND INCLUDING SUCH ARISING AS A RESULT OF SUCH INDEMNITEE’S OWN
NEGLIGENCE REGARDLESS OF WHETHER SUCH NEGLIGENCE IS SOLE OR CONTRIBUTORY, ACTIVE OR PASSIVE, IMPUTED, JOINT OR SEVERAL AND INCLUDING ENVIRONMENTAL LIABILITIES; PROVIDED THAT NO INDEMNITEE WILL HAVE ANY RIGHT TO INDEMNIFICATION FOR
ANY OF THE FOREGOING TO THE EXTENT RESULTING FROM SUCH INDEMNITEE’S OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT AS DETERMINED BY A FINAL NON-APPEALABLE JUDGMENT OF A COURT OF COMPETENT JURISDICTION. IN THE CASE OF AN INVESTIGATION, LITIGATION OR
OTHER PROCEEDING TO WHICH THE INDEMNITY IN THIS SECTION 9.2 APPLIES, SUCH INDEMNITY SHALL BE EFFECTIVE WHETHER OR NOT SUCH INVESTIGATION, LITIGATION OR PROCEEDING IS BROUGHT BY ANY CREDIT PARTY, ITS DIRECTORS, HOLDERS OF EQUITY OR CREDITORS OR
AN INDEMNITEE OR ANY OTHER PERSON OR ANY INDEMNITEE IS OTHERWISE A PARTY THERETO AND WHETHER OR NOT THE TRANSACTIONS CONTEMPLATED HEREBY ARE CONSUMMATED. EACH CREDIT PARTY ALSO AGREE THAT NO INDEMNITEE WILL HAVE ANY LIABILITY (WHETHER DIRECT OR
INDIRECT, IN CONTRACT OR TORT, OR OTHERWISE) TO ANY CREDIT PARTY OR AFFILIATE THEREOF OR TO ANY OF THE FOREGOING’S RESPECTIVE EQUITY HOLDERS OR CREDITORS ARISING OUT OF, RELATED TO OR IN CONNECTION WITH ANY ASPECT OF THE TRANSACTIONS
CONTEMPLATED HEREBY, EXCEPT TO THE EXTENT SUCH LIABILITY IS DETERMINED IN A FINAL, NONAPPEALABLE JUDGMENT BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED FROM SUCH INDEMNITEE’S OWN GROSS

  
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NEGLIGENCE OR WILLFUL MISCONDUCT. THE FOREGOING INDEMNITY AND HOLD HARMLESS SHALL NOT APPLY TO ANY CLAIMS, DAMAGES, LOSSES, LIABILITIES, COSTS OR EXPENSES THAT IS INCURRED BY OR ASSERTED OR
AWARDED AGAINST ANY INDEMNITEE DIRECTLY FOR, OR AS A DIRECT CONSEQUENCE OF, SUCH INDEMNITEE BEING A DEFAULTING LENDER UNDER CLAUSE (A) OR (C) OF THE DEFINITION OF “DEFAULTING LENDER”, WHETHER ASSERTED BY ANY CREDIT PARTY, THE
ADMINISTRATIVE AGENT, ANY ISSUING LENDER OR ANY SWING LINE LENDER. No Credit Party shall, without the prior written consent of each Indemnitee affected thereby (which consent will not be unreasonably withheld), settle any threatened or pending claim
or action that would give rise to the right of any Indemnitee to claim indemnification hereunder unless such settlement (a) includes a full and unconditional release of all liabilities arising out of such claim or action against such Indemnitee
and (b) does not include any statement as to or an admission of fault, culpability or failure to act by or on behalf of any Indemnitee. 
 (b) Waiver of Consequential Damages, Etc. To the fullest extent permitted by applicable law, no Credit Party shall assert, agrees not to assert, and hereby waives, any claim against any Indemnitee,
on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Credit Document or any agreement or
instrument contemplated hereby, the transactions contemplated hereby or thereby, any Advance or Letter of Credit or the use of the proceeds thereof. To the fullest extent permitted by applicable law, no Indemnitee shall assert, agrees not to assert,
and hereby waives, any claim against any Credit Party or any Affiliate thereof, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a
result of, this Agreement, any other Credit Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby. No Indemnitee referred to in subsection (a) above shall be liable for any damages arising
from the use by unintended recipients of any information or other materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection with this
Agreement or the other Credit Documents or the transactions contemplated hereby or thereby other than for direct or actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and
nonappealable judgment of a court of competent jurisdiction. 
 (c) Survival. Without prejudice to the survival of any
other agreement of the Credit Parties hereunder, the agreements and obligations of the Credit Parties contained in this Section 9.2 shall survive the termination of this Agreement, the termination of all Commitments, and the payment in full of
the Advances and all other amounts payable under this Agreement. 
 (e) Payments. All amounts due under this
Section 9.2 shall, unless otherwise set forth above, be payable not later than 10 days after demand therefor. 
 (d)
Reimbursement by Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under Section 9.1 or 9.2 above to be paid by it to the Administrative Agent (or any sub-agent thereof), any Issuing
Lender or any Related Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), such Issuing Lender or such Related Party, as the case may be, such Lender’s Pro Rata Share
(determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be,
was incurred by or asserted against the Administrative Agent (or any such sub-agent) or such Issuing Lender in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) or
Issuing Lender in connection with such capacity. 

  
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 Section 9.3 Waivers and Amendments. No amendment or waiver of any provision of
this Agreement or any other Credit Document (other than the Fee Letter or any AutoBorrow Agreement), nor consent to any departure by the Borrower or any Guarantor therefrom, shall in any event be effective unless the same shall be in writing and
signed by the Majority Lenders and the Borrower, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided that: 

(a) no amendment, waiver, or consent shall, unless in writing and signed by all the Lenders and the Borrower, do any of the following:
(i) waive any of the conditions specified in Section 3.1 or Section 3.2, (ii) reduce the principal or interest amounts payable hereunder or under any other Credit Document (provided that, the consent of the Majority
Lenders shall be sufficient to waive or reduce the increased portion of interest resulting from Section 2.8(d)), (iii) increase the aggregate Commitments (except pursuant to Section 2.15), (iv) amend Section 2.12(e),
Section 7.6, this Section 9.3 or any other provision in any Credit Document which expressly requires the consent of, or action or waiver by, all of the Lenders, (v) release all or substantially all of the Guarantors from their
respective obligations under any Guaranty except as specifically provided in the Credit Documents, (vi) release all or substantially all of the Collateral except as permitted under Section 8.7(b); or (vii) amend the definitions of
“Majority Lenders”; 
 (b) no amendment, waiver, or consent shall, unless in writing and signed by each Lender
directly and adversely affected thereby, do any of the following: (i) postpone any date fixed for any interest, fees or other amounts payable hereunder or extend the Maturity Date, or (ii) reduce any fees or other amounts payable hereunder
or under any other Credit Document (other than the principal or interest); 
 (c) no Commitment of a Lender or any obligations
of a Lender may be increased without such Lender’s written consent; 
 (d) no amendment, waiver, or consent shall, unless
in writing and signed by the Administrative Agent in addition to the Lenders required above to take such action, affect the rights or duties of the Administrative Agent under this Agreement or any other Credit Document; 

(e) no amendment, waiver or consent shall, unless in writing and signed by the applicable Issuing Lender in addition to the Lenders
required above to take such action, affect the rights or duties of such Issuing Lender under this Agreement or any other Credit Document; and 
 (f) no amendment, waiver or consent shall, unless in writing and signed by the applicable Swing Line Lender in addition to the Lenders required above to take such action, affect the rights or duties of
such Swing Line Lender under this Agreement or any other Credit Document. 
 For the avoidance of doubt, no Lender or any Affiliate of a Lender
shall have any voting rights under this Agreement or any Credit Document as a result of the existence of obligations owed to it under Hedging Arrangements or Banking Services Obligations. 

Section 9.4 Severability. In case one or more provisions of this Agreement or the other Credit Documents shall be invalid,
illegal or unenforceable in any respect under any applicable law, the validity, legality, and enforceability of the remaining provisions contained herein or therein shall not be affected or impaired thereby. 

Section 9.5 Survival of Representations and Obligations. All representations and warranties contained in this Agreement or
made in writing by or on behalf of the Credit Parties in connection 

  
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herewith shall survive the execution and delivery of this Agreement and the other Credit Documents, the making of the Advances or the issuance of any Letters of Credit and any investigation made
by or on behalf of the Lenders, none of which investigations shall diminish any Lender’s right to rely on such representations and warranties. All obligations of the Borrower or any other Credit Party provided for in Sections 2.8(c), 2.10,
2.11, 2.13(c), 9.1 and 9.2 and all of the obligations of the Lenders in Section 8.5 or Section 9.2(d) shall survive any termination of this Agreement and repayment in full of the Obligations. 

Section 9.6 Binding Effect. This Agreement shall become effective when it shall have been executed by the Borrower, and the
Administrative Agent, and when the Administrative Agent shall have, as to each Lender, either received a counterpart hereof executed by such Lender or been notified by such Lender that such Lender has executed it and thereafter shall be binding upon
and inure to the benefit of the Borrower, the Administrative Agent, and each Lender and their respective successors and assigns, except that neither the Borrower nor any other Credit Party shall have the right to assign its rights or delegate its
duties under this Agreement or any interest in this Agreement without the prior written consent of each Lender. 

Section 9.7 Lender Assignments and Participations. 
 (a) Each Lender may assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of its Advances, its
Notes, if any, and its Commitments); provided, however, that (i) each such assignment shall be to an Eligible Assignee; (ii) except in the case of an assignment to another Lender or an assignment of all of a Lender’s rights and
obligations under this Agreement, any such partial assignment with respect to the Commitments shall be in an amount at least equal to $5,000,000.00; (iii) each assignment of a Lender’s rights and obligations with respect to Revolving
Advances and its Commitment shall be of an constant, and not varying percentage of all of its rights and obligations under this Agreement as a Lender and the Revolving Notes (other than rights of reimbursement and indemnity arising before the
effective date of such assignment) and shall be of an equal pro rata share of the Assignor’s interest in the Revolving Advances and Commitments; and (iv) the parties to such assignment shall execute and deliver to the Administrative Agent
for its acceptance an Assignment and Acceptance, together with any Notes, if any, subject to such assignment and the assignor or assignee Lender shall pay a processing fee of $3,500.00 which fee may be waived by the Administrative Agent in its sole
discretion. Upon execution, delivery, and acceptance of such Assignment and Acceptance and payment of the processing fee, the assignee thereunder shall be a party hereto and, to the extent of such assignment, have the obligations, rights, and
benefits of a Lender hereunder and the assigning Lender shall, to the extent of such assignment, relinquish its rights and be released from its obligations under this Agreement. Upon the consummation of any assignment pursuant to this
Section 9.7, the assignor, the Administrative Agent and the Borrower shall make appropriate arrangements so that, if requested, new Notes are issued to the assignor and the assignee. If the assignee is not incorporated under the laws of the
United States of America or a state thereof, it shall deliver to the Borrower and the Administrative Agent certification as to exemption from deduction or withholding of Taxes in accordance with Section 2.13(e) and Section 2.13(f).

 (b) The Administrative Agent, acting also as agent for the Borrower solely for this purpose, shall maintain at its address
referred to in Section 9.9 a copy of each Assignment and Acceptance delivered to and accepted by it and a register for the recordation of the names and addresses of the Lenders and the Commitments of, and principal amount of the Advances owing
to, each Lender from time to time (the “Register”). The entries in the Register shall be conclusive and binding for all purposes, absent manifest error, and the Credit Parties, the Administrative Agent and the Lenders may treat each
Person whose name is recorded in the Register as a Lender hereunder for all purposes of this Agreement. Borrower hereby agrees that the Administrative Agent acting as its agent solely for the purpose set forth

  
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above in this clause (b), shall not subject the Administrative Agent to any fiduciary or other implied duties, all of which are hereby waived by the Borrower. 

(c) Upon its receipt of an Assignment and Acceptance executed by the parties thereto, together with any Notes, if any, subject to such
assignment and payment of the processing fee, the Administrative Agent shall, if such Assignment and Acceptance has been completed, (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register,
and (iii) give prompt notice thereof to the parties thereto. 
 (d) Each Lender may sell participations to one or more
Persons in all or a portion of its rights, obligations or rights and obligations under this Agreement (including all or a portion of its Commitments or its Advances) provided, however, that (i) such Lender’s obligations under this
Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations, (iii) the participant shall be entitled to the benefit of the yield protection
provisions contained in Sections 2.10 and 2.11 and the right of set-off contained in Section 7.4, and (iv) the Borrower shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and
obligations under this Agreement, and such Lender shall retain the sole right to enforce the obligations of the Borrower relating to its Advances and its Obligations and to approve any amendment, modification, or waiver of any provision of this
Agreement (other than amendments, modifications, or waivers decreasing the amount of principal of or the rate at which interest is payable on such Advances or Obligations, extending any scheduled principal payment date or date fixed for the payment
of interest on such Advances or Obligations, or extending its Commitment). 
 (e) Any Lender may at any time pledge or assign a
security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall
release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 
 (f) Any Lender may furnish any information concerning the Borrower or any of its Subsidiaries in the possession of such Lender from time to time to assignees and participants (including prospective
assignees and participants), subject, however, to the provisions of the following paragraph Section 9.8. 

Section 9.8 Confidentiality. The Administrative Agent, each Swing Line Lender, each Issuing Lender, and each Lender (each a
“Lending Party”) agree to keep confidential any information furnished or made available to it by any Restricted Entity pursuant to this Agreement; provided that nothing herein shall prevent any Lending Party from disclosing
such information (a) to any other Lending Party or any Affiliate of any Lending Party, or any officer, director, employee, agent, or advisor of any Lending Party or Affiliate of any Lending Party for purposes of administering, negotiating,
considering, processing, implementing, syndicating, assigning, or evaluating the credit facilities provided herein and the transactions contemplated hereby, (b) to any other Person if directly incidental to the administration of the credit
facilities provided herein, (c) as required by any Legal Requirement, (d) upon the order of any court or administrative agency, (e) upon the request or demand of any regulatory agency or authority (including any self-regulatory
authority, such as the National Association of Insurance Commissioners), (f) that is or becomes available to the public or that is or becomes available to any Lending Party other than as a result of a disclosure by any other Lending Party
prohibited by this Agreement, (g) in connection with any litigation relating to this Agreement or any other Credit Document to which such Lending Party or any of its Affiliates may be a party, (h) to the extent necessary in connection with
the exercise of any right or remedy under this Agreement or any other Credit Document, and (i) to any actual or proposed participant or assignee, in each case, subject to provisions similar to those contained in this

  
 -96-

 
Section 9.8. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, nothing in this Agreement shall (a) restrict any Lending Party from providing information to any bank or other
regulatory or governmental authorities, including the Federal Reserve Board and its supervisory staff; (b) require or permit any Lending Party to disclose to any Credit Party that any information will be or was provided to the Federal Reserve
Board or any of its supervisory staff; or (c) require or permit any Lending Party to inform any Credit Party of a current or upcoming Federal Reserve Board examination or any nonpublic Federal Reserve Board supervisory initiative or action.

 Section 9.9 Notices, Etc. 
 (a) Standard Application. All notices and other communications (other than Notices of Borrowing and Notices of Continuation or Conversion, which are governed by Article 2 of this Agreement and
other than as provided in clause (b) below) shall be in writing and hand delivered with written receipt, telecopied, sent by facsimile (with a hard copy sent as otherwise permitted in this Section 9.9), sent by a nationally recognized
overnight courier, or sent by certified mail, return receipt requested as follows: if to a Credit Party, as specified on Schedule II, if to Wells Fargo as a Swing Line Lender or the Administrative Agent, at its credit contact specified under its
name on Schedule II, if to any other Swing Line Lender, at its credit contact specified in writing at the time such Swing Line Lender agrees to be a Swing Line Lender hereunder, and if to any Lender or any Issuing Lender at is credit contact
specified in its Administrative Questionnaire. Each party may change its notice address by written notification to the other parties. All such notices and communications shall be effective when delivered, except that notices and communications to
any Lender, any Swing Line Lender, or any Issuing Lender pursuant to Article 2 shall not be effective until received and, in the case of telecopy, such receipt is confirmed by such Lender, such Swing Line Lender or such Issuing Lender, as
applicable, verbally or in writing. 
 (b) Electronic Communications. Notices and other communications to the Lenders and
the Issuing Lenders hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, provided that the foregoing shall not apply to
notices to any Lender or any Issuing Lender pursuant to Article 2 if such Lender or such Issuing Lender, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication.
The Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be
limited to particular notices or communications. Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement
from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), provided that if such notice or other communication is not sent during the normal business
hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next business day for the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be
deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor.

 Section 9.10 Usury Not Intended. It is the intent of each Credit Party and each Lender in the execution and
performance of this Agreement and the other Credit Documents to contract in strict compliance with applicable usury laws, including conflicts of law concepts, governing the Advances of each Lender including such applicable laws of the State of New
York, if any, and the United States of America from time to time in effect. In furtherance thereof, the Lenders and the Credit Parties stipulate 

  
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and agree that none of the terms and provisions contained in this Agreement or the other Credit Documents shall ever be construed to create a contract to pay, as consideration for the use,
forbearance or detention of money, interest at a rate in excess of the Maximum Rate and that for purposes of this Agreement “interest” shall include the aggregate of all charges which constitute interest under such laws that are contracted
for, charged or received under this Agreement; and in the event that, notwithstanding the foregoing, under any circumstances the aggregate amounts taken, reserved, charged, received or paid on the Advances, include amounts which by applicable law
are deemed interest which would exceed the Maximum Rate, then such excess shall be deemed to be a mistake and each Lender receiving same shall credit the same on the principal of its Obligations (or if such Obligations shall have been paid in full,
refund said excess to the Borrower). In the event that the maturity of the Obligations are accelerated by reason of any election of the holder thereof resulting from any Event of Default under this Agreement or otherwise, or in the event of any
required or permitted prepayment, then such consideration that constitutes interest may never include more than the Maximum Rate, and excess interest, if any, provided for in this Agreement or otherwise shall be canceled automatically as of the date
of such acceleration or prepayment and, if theretofore paid, shall be credited on the applicable Obligations (or, if the applicable Obligations shall have been paid in full, refunded to the Borrower of such interest). In determining whether or not
the interest paid or payable under any specific contingencies exceeds the Maximum Rate, the Credit Parties and the Lenders shall to the maximum extent permitted under applicable law amortize, prorate, allocate and spread in equal parts during the
period of the full stated term of the Obligations all amounts considered to be interest under applicable law at any time contracted for, charged, received or reserved in connection with the Obligations. The provisions of this Section shall control
over all other provisions of this Agreement or the other Credit Documents which may be in apparent conflict herewith. 

Section 9.11 Usury Recapture. In the event the rate of interest chargeable under this Agreement at any time is greater than
the Maximum Rate, the unpaid principal amount of the Advances shall bear interest at the Maximum Rate until the total amount of interest paid or accrued on the Advances equals the amount of interest which would have been paid or accrued on the
Advances if the stated rates of interest set forth in this Agreement had at all times been in effect. In the event, upon payment in full of the Advances, the total amount of interest paid or accrued under the terms of this Agreement and the Advances
is less than the total amount of interest which would have been paid or accrued if the rates of interest set forth in this Agreement had, at all times, been in effect, then the Borrower shall, to the extent permitted by applicable law, pay the
Administrative Agent for the account of the Lenders an amount equal to the difference between (i) the lesser of (A) the amount of interest which would have been charged on its Advances if the Maximum Rate had, at all times, been in effect
and (B) the amount of interest which would have accrued on its Advances if the rates of interest set forth in this Agreement had at all times been in effect and (ii) the amount of interest actually paid under this Agreement on its
Advances. In the event the Lenders ever receive, collect or apply as interest any sum in excess of the Maximum Rate, such excess amount shall, to the extent permitted by law, be applied to the reduction of the principal balance of the Advances, and
if no such principal is then outstanding, such excess or part thereof remaining shall be paid to the Borrower. 

Section 9.12 Judgment Currency. If for the purposes of obtaining judgment in any court it is necessary to convert a sum due
from the Borrower hereunder in the currency expressed to be payable herein (the “specified currency”) into another currency, the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used
shall be that at which in accordance with usual and customary banking procedures the Administrative Agent could purchase the specified currency with such other currency at any of the Administrative Agent’s offices in the United States of
America on the Business Day preceding that on which final judgment is given. The obligations of the Borrower in respect of any sum due to any Lending Party hereunder shall, notwithstanding any judgment in a currency other than the specified
currency, be discharged only to the extent that on the Business Day following receipt by such Lender, such Issuing Lender or the Administrative Agent (as the case may be) of any sum 

  
 -98-

 
adjudged to be so due in such other currency such Lender, such Issuing Lender or the Administrative Agent (as the case may be) may in accordance with normal, reasonable banking procedures
purchase the specified currency with such other currency. If the amount of the specified currency so purchased is less than the sum originally due to such Lender, such Issuing Lender or the Administrative Agent, as the case may be, in the specified
currency, the Borrower agrees, to the fullest extent that it may effectively do so, as a separate obligation and notwithstanding any such judgment, to indemnify such Lender, such Issuing Lender or the Administrative Agent, as the case may be,
against such loss, and if the amount of the specified currency so purchased exceeds (a) the sum originally due to any Lender, such Issuing Lender or the Administrative Agent, as the case may be, in the specified currency and (b) any
amounts shared with other Lenders as a result of allocations of such excess as a disproportionate payment to such Lender under Section 2.12, each Lender, each Issuing Lender or Administrative Agent, as the case may be, agrees to promptly remit
such excess to the Borrower. 
 Section 9.13 Payments Set Aside. To the extent that any payment by or on behalf of
the Borrower is made to the Administrative Agent, any Issuing Lender or any Lender, or the Administrative Agent, any Issuing Lender or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is
subsequently invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement entered into by the Administrative Agent, any Issuing Lender or such Lender in its discretion) to be repaid to a
trustee, receiver or any other party, in connection with any proceeding under any bankruptcy or other laws for the relief of debtors or otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally intended to be
satisfied shall be revived and continued in full force and effect as if such payment had not been made or such setoff had not occurred, and (b) each Lender and each Issuing Lender severally agrees to pay to the Administrative Agent upon demand
its applicable share (without duplication) of any amount so recovered from or repaid by the Administrative Agent, plus interest thereon from the date of such demand to the date such payment is made at a rate per annum equal to the Federal Funds Rate
in effect from time to time, in the applicable currency of such recovery or payment. The obligations of the Lenders and the Issuing Lenders under clause (b) of the preceding sentence shall survive the payment in full of the Obligations and the
termination of this Agreement. 
 Section 9.14 Governing Law. This Agreement and the other Credit Documents (unless
otherwise expressly provided therein) shall be deemed a contract under, and shall be governed by, and construed and enforced in accordance with, the laws of the State of New York, applicable to contracts made and to be performed entirely within such
state, including without regard to conflicts of laws principles. Each Letter of Credit shall be governed by either (i) the Uniform Customs and Practice for Documentary Credits (2007 Revision), International Chamber of Commerce Publication
No. 600, or (ii) the International Standby Practices (ISP98), International Chamber of Commerce Publication No. 590, in either case, including any subsequent revisions thereof approved by a Congress of the International Chamber of
Commerce. 
 Section 9.15 Submission to Jurisdiction. EACH PARTY TO THIS AGREEMENT IRREVOCABLY AND UNCONDITIONALLY
SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY
THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION
OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES 

  
 -99-

 
THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN
THIS AGREEMENT SHALL AFFECT ANY RIGHT THAT ANY PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AGAINST ANY OTHER PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

Section 9.16 Waiver of Venue. EACH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LEGAL REQUIREMENT, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT IN ANY COURT REFERRED TO IN SECTION 9.15. EACH OF THE PARTIES HERETO HEREBY
AGREES THAT SECTIONS 5-1401 AND 4-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK SHALL APPLY TO THIS AGREEMENT AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LEGAL REQUIREMENT, THE DEFENSE OF
AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 
 Section 9.17 Service of
Process. Each party hereto irrevocably consents to service of process in the manner provided for notices in Section 9.9. Nothing in this Agreement will affect the right of any party hereto to serve process in any other manner permitted by
applicable law. 
 Section 9.18 Execution in Counterparts. This Agreement may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart
of a signature page of this Agreement by facsimile or by e-mail “PDF” copy shall be effective as delivery of a manually executed counterpart of this Agreement. 
 Section 9.19 Electronic Execution of Assignments. The words “execution,” “signed,” “signature,” and words of like import in any Assignment and Acceptance shall be
deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as
the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws
based on the Uniform Electronic Transactions Act. 
 Section 9.20 Waiver of Jury. EACH PARTY HERETO HEREBY
IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER CREDIT DOCUMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH
OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER CREDIT DOCUMENTS BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS Section. 

  
 -100-

 Section 9.21 USA Patriot Act. Each Lender that is subject to the Patriot Act and
the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies each Credit Party that pursuant to the requirements of the Patriot Act it is required to obtain, verify and record information that identifies such Credit Party,
which information includes the name and address of such Credit Party and other information that will allow such Lender or the Administrative Agent, as applicable, to identify such Credit Party in accordance with the Patriot Act. 

Section 9.22 Integration. THIS AGREEMENT AND THE CREDIT DOCUMENTS, AS DEFINED IN THIS AGREEMENT, REPRESENT THE
FINAL AGREEMENT AMONG THE PARTIES WITH RESPECT TO THE SUBJECT MATTERS SET FORTH HEREIN AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. 

[Remainder of this page intentionally left blank. Signature pages follow.] 

  
 -101-

 EXECUTED as of the date first above written. 

 

			
	BORROWER:
	
	FORUM ENERGY TECHNOLOGIES, INC.
		
	By:	 	 /s/ James W. Harris

	Name:	 	 James W. Harris

	Title:	 	 Senior Vice President, Chief Financial

		 	 Officer and Secretary

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 
			
	ADMINISTRATIVE AGENT/LENDERS:
	
	WELLS FARGO BANK,
	 NATIONAL ASSOCIATION
 as Administrative Agent, Swing Line Lender,
 Issuing Lender, and
Lender

		
	By:	 	 /s/ J.C. Hernandez

	Name:	 	 J.C. Hernandez

	Title:	 	 Vice President

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 
			
	JPMORGAN CHASE BANK, N.A.
	as an Issuing Lender, a Lender and a Swing Line Lender
		
	By:	 	 /s/ Thomas Okamoto

	Name:	 	 Thomas Okamoto

	Title:	 	 Vice President

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 
			
	BANK OF AMERICA, N.A.
	as an Issuing Lender and a Lender
		
	By:	 	 /s/ Julie Castano

	Name:	 	 Julie Castano

	Title:	 	 Vice President

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 
			
	CITIBANK, N.A.
	as a Lender
		
	By:	 	 /s/ John F. Miller

	Name:	 	 John F. Miller

	Title:	 	 Attorney-in-Fact

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 
			
	DEUTSCHE BANK TRUST COMPANY
	 AMERICAS, as a Lender

		
	By:	 	 /s/ Paul O’Leary

	Name:	 	 Paul O’Leary

	Title:	 	 Director

		
	By:	 	 /s/ Evelyn Thierry

	Name:	 	 Evelyn Thierry

	Title:	 	 Director

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 
			
	AMEGY BANK NATIONAL ASSOCIATION
	as a Lender and a Swing Line Lender
		
	By:	 	 /s/ James Ross Canion

	Name:	 	 James Ross Canion

	Title:	 	 Assistant Vice President

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 
			
	HSBC BANK USA, N.A.
	as a Lender
		
	By:	 	 /s/ Dale Wilson

	Name:	 	 Dale Wilson

	Title:	 	 Senior Vice President

		
	By:	 	 /s/ Anil Chandy

	Name:	 	 Anil Chandy

	Title:	 	 Assistant Vice President

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 
			
	CREDIT SUISSE AG, CAYMAN
	 ISLANDS BRANCH, as a Lender

		
	By:	 	 /s/ Mikhail Faybusovich

	Name:	 	 Mikhail Faybusovich

	Title:	 	 Vice President

		
	By:	 	 /s/ Vipul Dhadda

	Name:	 	 Vipul Dhadda

	Title:	 	 Associate

  
 Signature page
to Credit Agreement 
 (Forum Energy Technologies, Inc.) 

 EXHIBIT A 
 FORM OF ASSIGNMENT AND ACCEPTANCE 
 This Assignment and Acceptance (the
“Assignment and Acceptance”) is dated as of the Effective Date set forth below and is entered into by and between [the][each]1 Assignor identified in item 1 below ([the][each, an] “Assignor”) and [the][each]2 Assignee identified in item 2 below ([the][each, an]
“Assignee”). [It is understood and agreed that the rights and obligations of [the Assignors][the
Assignees]3 hereunder are several and not joint.]4 Capitalized terms used but not defined herein shall have the meanings
given to them in the Credit Agreement identified below (as amended, supplemented, restated or otherwise modified from time to time, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by [the][each] Assignee.
The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Acceptance as if set forth herein in full. 

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

					
	 1.      Assignor[s]:
	 	  
	  	
			
		 	  
	  	

  

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

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

	3 	 Select as appropriate. 

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

  
 Exhibit A
– Form of Assignment and Acceptance 
 Page 1 of 7 

					
		 		  	
	 2.      Assignee[s]:
	 	  
	  	
		 	  
	  	
	
	 [for each Assignee, indicate [Affiliate][Approved Fund] of [identify Lender]

		
	 3.      Borrower:
	 	FORUM ENERGY TECHNOLOGIES, INC.
		
	 4.      Administrative Agent:
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent under the Credit Agreement
		
	 5.      Credit Agreement:
	 	Credit Agreement dated August 2, 2010 among Borrower, the Lenders party thereto from time to time, the Issuing Lenders, and Wells Fargo Bank, National Association, as a
Swing Line Lender and as Administrative Agent.
		
	 6.      Assigned Interest[s]:
	 	

  

																			
	 Assignor[s]
	  	 Assignee[s]
	  	Facility Assigned	 	  	Aggregate
Amount of
Commitments
/Advances for
all
Lenders	  	Amount of
Commitment
/
Advances
Assigned5	  	Percentage
Assigned of
Commitment /
Advances6	 	  	CUSIP
Number	 
		  		  				  	$	  	$	  	 	%	  	  			
		  		  				  	$	  	$	  	 	%	  	  			
		  		  				  	$	  	$	  	 	%	  	  			

  

					
	 7.      Trade Date:
	 	  
	 	7

 Effective Date:
                    , 20     [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF
RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 
  

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

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

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

  
 Exhibit A
– Form of Assignment and Acceptance 
 Page 2 of 7 

 The terms set forth in this Assignment and Acceptance are hereby agreed to: 

 

			
	ASSIGNOR[S]8
	[NAME OF ASSIGNOR]
		
	 By:
	 	  

	Name:	 	  

	Title:	 	  

	
	ASSIGNEE[S]
	[NAME OF ASSIGNEE]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 
  

	8 	 Add additional signature blocks as needed. 

  
 Exhibit A
– Form of Assignment and Acceptance 
 Page 3 of 7 

 [Consented to and]9 Accepted: 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
 as
Swing Line Lender, Issuing Lender and as Administrative Agent 
  

			
	By:	 	  

	Name:	 	  

	Title:	 	  

[Consented to:]10 
 FORUM
ENERGY TECHNOLOGIES, INC. 
  

			
	By:	 	  

	Name:	 	  

	Title:	 	  

 

			
	 [Consented to:] 11
  

ISSUING LENDERS:
  
 JPMORGAN CHASE BANK, N.A.,
  

	By:	 	  

	Name:	 	  

	Title:	 	  

 BANK OF AMERICA, N.A., 
  

			
	By:	 	  

	Name:	 	  

	Title:	 	  

 

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

	10 	 To be added only if the consent of the Borrower is required by the terms of the Credit Agreement. 

	11 	 To be added only if the consent of the Issuing Lenders is required by the terms of the Credit Agreement. 

  
 Exhibit A
– Form of Assignment and Acceptance 
 Page 4 of 7 

 AMEGY BANK NATIONAL ASSOCIATION, 

 

			
	By:	 	  

	Name:	 	  

	Title:	 	  

[ADDITIONAL ISSUING LENDER(S)] 
  

			
	By:	 	  

	Name:	 	  

	Title:	 	  

[Consented to:]12 
 AMEGY BANK
NATIONAL ASSOCIATION, 
 as Swing Line Lender 
  

			
	By:	 	  

	Name:	 	  

	Title:	 	  

 

	12 	 To be added only if the consent of the Swing Line Lenders is required by the terms of the Credit Agreement. 

  
 Exhibit A
– Form of Assignment and Acceptance 
 Page 5 of 7 

 Annex 1 
 To Exhibit A – Assignment and Acceptance 
 STANDARD TERMS AND CONDITIONS
FOR 
 ASSIGNMENT AND ACCEPTANCE 
 1. Representations and Warranties. 
 1.1 Assignor[s]. [The][Each] Assignor
(a) represents and warrants that (i) it is the legal and beneficial owner of [the][the relevant] Assigned Interest, (ii) [the][such] Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it
has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance and to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any
statements, warranties or representations made in or in connection with the Credit Agreement or any other Credit Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Documents or any
collateral thereunder, (iii) the financial condition of the Borrower, its Subsidiaries or Affiliates or any other Person obligated in respect of any Credit Document or (iv) the performance or observance by the Borrower, its Subsidiaries or
Affiliates or any other Person of any of its obligations under any Credit Document. 
 1.2. Assignee[s]. [The][Each] Assignee
(a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance and to consummate the transactions contemplated hereby and to become a Lender
under the Credit Agreement, (ii) it meets all the requirements to be an assignee under Section 9.7 of the Credit Agreement (subject to such consents, if any, as may be required under Section 9.7 of the Credit Agreement),
(iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of [the][the relevant] Assigned Interest, shall have the obligations of a Lender thereunder,
(iv) it is sophisticated with respect to decisions to acquire assets of the type represented by the Assigned Interest and either it, or the person exercising discretion in making its decision to acquire the Assigned Interest, is experienced in
acquiring assets of such type, (v) it has received a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to Section 5.2 thereof,
as applicable, and such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Assignment and Acceptance and to purchase [the][such] Assigned Interest, (vi) it has, independently
and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Assignment and Acceptance and to purchase
[the][such] Assigned Interest, and (vii) if it is not incorporated under the laws of the United States of America or a state thereof, attached to the Assignment and Acceptance is any documentation required to be delivered by it pursuant to the
terms of the Credit Agreement, duly completed and executed by [the][such] Assignee; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, [the][any] Assignor or any other Lender, and based on such
documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Documents, and (ii) it will perform in accordance with their terms all of the
obligations which by the terms of the Credit Documents are required to be performed by it as a Lender. 
 2. Payments. From and after the
Effective Date, the Administrative Agent shall make all payments in respect of [the][each] Assigned Interest (including payments of principal, interest, fees and other amounts) to [the][the relevant] Assignee whether such amounts have accrued prior
to, on or after the Effective Date. The Assignor[s] and the Assignee[s] shall make all appropriate adjustments in 

  
 Exhibit A
– Form of Assignment and Acceptance 
 Page 6 of 7 

 
by the Administrative Agent for periods prior to the Effective Date or with respect to the making of this assignment directly between themselves. 

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

  
 Exhibit A
– Form of Assignment and Acceptance 
 Page 7 of 7 

 EXHIBIT B 
 FORM OF COMPLIANCE CERTIFICATE 
 FOR THE PERIOD FROM
            , 201     TO             , 201     

 This certificate dated as of
                    ,              is prepared pursuant to the Credit
Agreement dated as of August 2, 2010 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among Forum Energy Technologies, Inc., a Delaware corporation (“Borrower”), the
lenders party thereto from time to time (the “Lenders”), the Issuing Lenders (as defined in the Credit Agreement) and Wells Fargo Bank, National Association, as administrative agent for such Lenders (in such capacity, the
“Administrative Agent”) and as a swing line lender. Unless otherwise defined in this certificate, capitalized terms that are defined in the Credit Agreement shall have the meanings assigned to them by the Credit Agreement. 

The undersigned, on behalf of the Borrower, certifies that: 
 (a) all of the representations and warranties made by any Credit Party or any officer of any Credit Party contained in the Credit Documents shall be true and correct in all material respects (except that
such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) as if made on this date, except that any representation and warranty which by its
terms is made as of a specified date shall be required to be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by
materiality in the text thereof) only as of such specified date; 
 (b) attached hereto in Schedule A is a reasonably detailed
spreadsheet reflecting the calculations of, as of the date and for the periods covered by this certificate, Balance Sheet Debt, Borrower’s consolidated Total Capitalization, Funded Debt, Adjusted EBITDA, Borrower’s consolidated EBITDA,
Borrower’s consolidated Interest Expense, Capital Expenditures expended by Borrower or any Restricted Subsidiary and Equity Funded Capital Expenditures; 
 [(c) no Default or Event of Default has occurred or is continuing as of the date hereof; and] 
 —or— 
 [(c) the following Default[s] or Event[s] of
Default exist[s] as of the date hereof, if any, and the actions set forth below are being taken to remedy such circumstances: 

                      
                  ; and] 
 (d) as
of the date hereof for the periods set forth below the following statements, amounts, and calculations included herein and in Schedule A, were true and correct in all material respects: 

  
 Exhibit B
– Form of Compliance Certificate 
 Page 1 of 8 

 I. Section 6.17 Total Capitalization Ratio.13 : 
  

									
	(a)	  	All Balance Sheet Debt as of the last day of such fiscal quarter	 		 	$	 	  

					
	(b)	  	Borrower’s consolidated Total Capitalization as of the last day of such fiscal quarter	 		 	$	 	  

					
	(c)	  	Capitalization Ratio = (a) divided by (b)	 		 	 	 	 
				
		  	Maximum Capitalization Ratio Covenant =	 	0.65 to 1.00	 	
					
		  	Compliance	 	Yes        No	 		 	

 [Remainder of this page intentionally left blank. 

Compliance Certificate continues on following pages.] 

 

	13 	Calculated as of the last day of each fiscal quarter, commencing with the quarter ending September 30, 2010 

  
 Exhibit B
– Form of Compliance Certificate 
 Page 2 of 8 

 [use this page for Compliance Certificate delivered for fiscal quarter ending
September 30, 2010] 
 II. Section 6.18 Leverage Ratio for fiscal quarter ending September 30, 2010 -

  

									
	(a)	  	Funded Debt as of the last day of such fiscal quarter	 		 	$	 	  

					
	(b)	  	Subject Companies’ combined (but not duplicative) consolidated EBITDA* for the period from July 1, 2010 to the Effective Date	 		 	$	 	  

					
	(c)	  	Borrower’s consolidated EBITDA* for the period from the Effective Date to September 30, 2010	 		 	$	 	  

					
	(d)	  	Subject Companies’ combined (but not duplicative) consolidated EBITDA* for the three fiscal quarter period ended June 30, 2010	 		 	$	 	  

					
	(e)	  	Adjusted EBITDA* = (b) + (c) + (d) =	 		 	$	 	  

			
		  	Leverage Ratio = (a) to (e) =	 	
                                         
   
			
		  	Maximum Leverage Ratio	 	3.75 to 1.00
					
		  	Compliance	 	Yes        No	 		 	

 III. Section 6.19 Interest Coverage Ratio for fiscal quarter ending September 30, 2010 -

  

									
	(a)	  	Adjusted EBITDA (See II.(e) above) =	 		 	$	 	  

					
	(b)	  	Borrower’s consolidated Interest Expense for such fiscal quarter multiplied by 4 =	 		 	$	 	  

					
		  	Interest Coverage Ratio =	 		 		 	
				
		  	 (a) to (b) =
                                        

	 		 	
				
		  	Minimum Interest Coverage Ratio	 	3.00 to 1.00	 	
					
		  	Compliance	 	Yes        No	 		 	

 [Remainder of this page intentionally left blank. 

Compliance Certificate continues on following pages.] 

 
  

	*	In accordance with the Credit Agreement, EBITDA shall be subject to pro forma adjustments for Acquisitions and Nonordinary Course Asset Sales assuming that such
transactions had occurred on the first day of the determination period, which adjustments shall be made in accordance with the guidelines for pro forma presentations set forth by the SEC or in a manner otherwise reasonably acceptable to the
Administrative Agent. 

  
 Exhibit B
– Form of Compliance Certificate 
 Page 3 of 8 

 [use this page for Compliance Certificate delivered for fiscal quarter ending
December 31, 2010] 
 II. Section 6.18 Leverage Ratio for fiscal quarter ending December 31, 2010 - 

 

									
	(a)	  	Funded Debt as of the last day of such fiscal quarter	 		 	$	 	  

					
	(b)	  	Subject Companies’ combined (but not duplicative) consolidated EBITDA* for the period from July 1, 2010 to the Effective Date	 		 	$	 	  

					
	(c)	  	Borrower’s consolidated EBITDA* for the period from the Effective Date to September 30, 2010	 		 	$	 	  

					
	(d)	  	Borrower’s consolidated EBITDA* for the such fiscal quarter ending December 31, 2010	 		 	$	 	  

					
	(e)	  	Subject Companies’ combined (but not duplicative) consolidated EBITDA* for the two fiscal quarter period ended June 30, 2010	 		 	$	 	  

					
	(f)	  	Adjusted EBITDA* = (b) + (c) + (d) + (e) =	 		 	$	 	  

			
		  	Leverage Ratio = (a) to (f) =	 	

                                         
   
			
		  	Maximum Leverage Ratio	 	3.75 to 1.00
					
		  	Compliance	 	Yes        No	 		 	

 III. Section 6.19 Interest Coverage Ratio for fiscal quarter ending December 31, 2010 -

  

									
	(a)	  	Adjusted EBITDA (See II.(f) above) =	 		 	$	 	  

					
	(b)	  	Borrower’s consolidated Interest Expense for the two fiscal quarter period then ended multiplied by 2 =	 		 	$	 	  

					
		  	Interest Coverage Ratio =	 		 		 	
				
		  	 (a) to (b) =
                                        

	 		 	
				
		  	Minimum Interest Coverage Ratio	 	3.00 to 1.00	 	
					
		  	Compliance	 	Yes        No	 		 	

 [Remainder of this page intentionally left blank. 

Compliance Certificate continues on following pages.] 

 
  

	*	In accordance with the Credit Agreement, EBITDA shall be subject to pro forma adjustments for Acquisitions and Nonordinary Course Asset Sales assuming that such
transactions had occurred on the first day of the determination period, which adjustments shall be made in accordance with the guidelines for pro forma presentations set forth by the SEC or in a manner otherwise reasonably acceptable to the
Administrative Agent. 

  
 Exhibit B
– Form of Compliance Certificate 
 Page 4 of 8 

 [use this page for Compliance Certificate delivered for fiscal quarter ending
March 31, 2011] 
 II. Section 6.18 Leverage Ratio for fiscal quarter ending March 31, 2011 - 

 

									
	(a)	  	Funded Debt as of the last day of such fiscal quarter	 		 	$	 	  

					
	(b)	  	Subject Companies’ combined (but not duplicative) consolidated EBITDA* for the period from July 1, 2010 to the Effective Date	 		 	$	 	  

					
	(c)	  	Borrower’s consolidated EBITDA* for the period from the Effective Date to September 30, 2010	 		 	$	 	  

					
	(d)	  	Borrower’s consolidated EBITDA* for the two fiscal quarter period ending March 31, 2011	 		 	$	 	  

					
	(e)	  	Subject Companies’ combined (but not duplicative) consolidated EBITDA* for the fiscal quarter ended June 30, 2010	 		 	$	 	  

					
	(f)	  	Adjusted EBITDA* = (b) + (c) + (d) + (e) =	 		 	$	 	  

			
		  	Leverage Ratio = (a) to (f) =	 	
                                         
   
			
		  	Maximum Leverage Ratio	 	3.75 to 1.00
					
		  	Compliance	 	Yes        No	 		 	

 III. Section 6.19 Interest Coverage Ratio for fiscal quarter ending March 31, 2011 -

  

									
	(a)	  	Adjusted EBITDA (See II.(f) above) =	 		 	$	 	  

					
	(b)	  	Borrower’s consolidated Interest Expense for the three fiscal quarter period then ended multiplied by 4/3 =	 		 	$	 	  

					
		  	Interest Coverage Ratio =	 		 		 	
				
		  	 (a) to (b) =
                                        

	 		 	
				
		  	Minimum Interest Coverage Ratio	 	3.00 to 1.00	 	
					
		  	Compliance	 	Yes        No	 		 	

 [Remainder of this page intentionally left blank. 

Compliance Certificate continues on following pages.] 

 
  

	*	In accordance with the Credit Agreement, EBITDA shall be subject to pro forma adjustments for Acquisitions and Nonordinary Course Asset Sales assuming that such
transactions had occurred on the first day of the determination period, which adjustments shall be made in accordance with the guidelines for pro forma presentations set forth by the SEC or in a manner otherwise reasonably acceptable to the
Administrative Agent. 

  
 Exhibit B
– Form of Compliance Certificate 
 Page 5 of 8 

 [use this page for Compliance Certificate delivered for fiscal quarter ending
June 30, 2011] 
 II. Section 6.18 Leverage Ratio for fiscal quarter ending June 30, 2011 - 

 

									
	(a)	  	Funded Debt as of the last day of such fiscal quarter	 		 	$	 	  

					
	(b)	  	Subject Companies’ combined (but not duplicative) consolidated EBITDA* for the period from July 1, 2010 to the Effective Date	 		 	$	 	  

					
	(c)	  	Borrower’s consolidated EBITDA* for the period from the Effective Date to September 30, 2010	 		 	$	 	  

					
	(d)	  	Borrower’s consolidated EBITDA* for the three fiscal quarter period ending June 30, 2011	 		 	$	 	  

					
	(e)	  	Adjusted EBITDA* = (b) + (c) + (d) =	 		 	$	 	  

			
		  	Leverage Ratio = (a) to (e) =	 	
                                         
   
			
		  	Maximum Leverage Ratio	 	3.75 to 1.00
					
		  	Compliance	 	Yes        No	 		 	

 III. Section 6.19 Interest Coverage Ratio for fiscal quarter ending June 30, 2011 -

  

									
	(a)	  	Adjusted EBITDA (See II.(e) above) =	 		 	$	 	  

					
	(b)	  	Borrower’s consolidated Interest Expense for the four fiscal quarter period then ended =	 		 	$	 	  

					
		  	Interest Coverage Ratio =	 		 		 	
				
		  	 (a) to (b) =
                                        

	 		 	
				
		  	Minimum Interest Coverage Ratio	 	3.00 to 1.00	 	
					
		  	Compliance	 	Yes        No	 		 	

 [Remainder of this page intentionally left blank. 

Compliance Certificate continues on following pages.] 

 
  

	*	In accordance with the Credit Agreement, EBITDA shall be subject to pro forma adjustments for Acquisitions and Nonordinary Course Asset Sales assuming that such
transactions had occurred on the first day of the determination period, which adjustments shall be made in accordance with the guidelines for pro forma presentations set forth by the SEC or in a manner otherwise reasonably acceptable to the
Administrative Agent. 

  
 Exhibit B
– Form of Compliance Certificate 
 Page 6 of 8 

 [use this page for Compliance Certificate delivered for fiscal quarters ending on or after

 September 30, 2011] 
 II. Section 6.18 Leverage Ratio for fiscal quarter ending on or after September 30, 2011 - 
  

									
	(a)	  	Funded Debt as of the last day of such fiscal quarter	 		 	$	 	  

					
	(b)	  	Borrower’s consolidated EBITDA* for the four fiscal quarter period then ended	 		 	$	 	  

			
		  	Leverage Ratio = (a) to (b) =	 	  

			
		  	Maximum Leverage Ratio	 	[3.50 to 1.00][3.25 to 1.00]
		  		 	[3.00 to 1.00]**
					
		  	Compliance	 	Yes        No	 		 	

 III. Section 6.19 Interest Coverage Ratio for fiscal quarter ending on or after September 30,
2011 - 
  

									
	(a)	  	EBITDA (See II.(b) above) =	 		 	$	 	  

					
	(b)	  	Borrower’s consolidated Interest Expense for the four fiscal quarter period then ended =	 		 	$	 	  

					
		  	Interest Coverage Ratio =	 		 		 	
				
		  	 (a) to (b) =
                                        

	 		 	
				
		  	Minimum Interest Coverage Ratio	 	3.00 to 1.00	 	
					
		  	Compliance	 	Yes        No	 		 	

 [Remainder of this page intentionally left blank. 

Compliance Certificate continues on following pages.] 

 
  

	*	In accordance with the Credit Agreement, EBITDA shall be subject to pro forma adjustments for Acquisitions and Nonordinary Course Asset Sales assuming that such
transactions had occurred on the first day of the determination period, which adjustments shall be made in accordance with the guidelines for pro forma presentations set forth by the SEC or in a manner otherwise reasonably acceptable to the
Administrative Agent. 

	**	Use (a) 3.50 to 1.00 for each fiscal quarter ending on or after September 30, 2011 but on or prior to June 30, 2012, (b) 3.25 to 1.00 for each
fiscal quarter ending after June 30, 2012 but on or prior to June 30, 2013 and (c) 3.00 to 1.00 for each fiscal quarter ending after June 30, 2013. 

  
 Exhibit B
– Form of Compliance Certificate 
 Page 7 of 8 

 V. Section 6.20 Capital Expenditures:*** 

 

									
	(a)	  	Capital Expenditures expended by the Borrower or any Restricted Subsidiary for the fiscal year ended immediately prior to the date hereof**** =	 		 	$	 	  

					
	(b)	  	Equity Funded Capital Expenditures for the fiscal year ended immediately prior to the date hereof =	 		 	$	 	  

					
	(c)	  	Borrower’s consolidated EBITDA* for the fiscal year ended immediately prior to the date hereof**** =	 		 	$	 	  

					
	(d)	  	50% of IV(c) =	 		 	$	 	  

			
		  	Capital Expenditure Covenant:	 	[(a) – (b)] £ (d)
					
		  	Compliance	 	Yes        No	 		 	

 IN WITNESS THEREOF, I have hereto signed my name to this Compliance Certificate as of
                                        ,
            . 
  

			
	FORUM ENERGY TECHNOLOGIES, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 
  

	***	Only calculated for the compliance certificate delivered with the year end financials. 

	****	With respect to any Restricted Subsidiary acquired during the fiscal year, calculated for the portion of such fiscal year that such Restricted Subsidiary was a
Restricted Subsidiary. 

	*	In accordance with the Credit Agreement, EBITDA shall be subject to pro forma adjustments for Acquisitions and Nonordinary Course Asset Sales assuming that such
transactions had occurred on the first day of the determination period, which adjustments shall be made in accordance with the guidelines for pro forma presentations set forth by the SEC or in a manner otherwise reasonably acceptable to the
Administrative Agent. 

  
 Exhibit B
– Form of Compliance Certificate 
 Page 8 of 8 

 EXHIBIT C 
 FORM OF GUARANTY AGREEMENT 
 This Guaranty Agreement dated as of
August 2, 2010 (as amended, supplemented, amended and restated or otherwise modified from time to time, this “Guaranty”) is executed by each of the undersigned (individually a “Guarantor” and collectively, the
“Guarantors”), in favor of Wells Fargo Bank, National Association, as Administrative Agent (as defined below) for the ratable benefit of the Secured Parties (as defined in the Credit Agreement referred to herein). 

INTRODUCTION 
 A. This Guaranty is given in connection with that certain Credit Agreement dated as of August 2, 2010 (as amended, supplemented, amended and restated or otherwise modified from time to time, the
“Credit Agreement”), by and among Forum Energy Technologies, Inc., a Delaware corporation (the “Borrower”), the lenders party thereto from time to time, (the “Lenders”), the Issuing Lenders (as
defined in the Credit Agreement) and Wells Fargo Bank, National Association, as the administrative agent (in such capacity, the “Administrative Agent”) and as a swing line lender (in such capacity and together with such other swing
line lender named therein, collectively, the “Swing Line Lenders”). 
 B. Each Guarantor is a Wholly-Owned
Domestic Restricted Subsidiary (as defined in the Credit Agreement) of the Borrower and (i) the transactions contemplated by the Credit Agreement and the other Credit Documents (as defined in the Credit Agreement), (ii) the Hedging
Arrangements (as defined in the Credit Agreement) entered into by any Restricted Entity with a Swap Counterparty (as defined in the Credit Agreement, and (iii) the Banking Services provided by any Lender or any Affiliate of a Lender to any
Restricted Entity, each are (a) in furtherance of such Wholly-Owned Domestic Restricted Subsidiary’s corporate purposes, (b) necessary or convenient to the conduct, promotion or attainment of such Wholly-Owned Domestic Restricted
Subsidiary’s business, and (c) for such Wholly-Owned Domestic Restricted Subsidiary’s direct or indirect benefit. 
 C. The Borrower is a party to this Guaranty in order to guarantee the Secured Obligations (as defined in the Credit Agreement) to the extent that the Secured Obligations were directly incurred by a Credit
Party other than the Borrower. 
 Each Guarantor is executing and delivering this Guaranty (i) to induce the Lenders to
provide and to continue to provide Advances under the Credit Agreement, (ii) to induce the Issuing Lenders to provide and to continue to provide Letters of Credit under the Credit Agreement, and (iii) intending it to be a legal, valid,
binding, enforceable and continuing obligation of such Guarantor. 
 NOW, THEREFORE, in consideration of the premises, each
Guarantor hereby agrees as follows: 
 Section 1. Definitions. All capitalized terms not otherwise defined in this
Guaranty that are defined in the Credit Agreement shall have the meanings assigned to such terms by the Credit Agreement. 

Section 2. Guaranty. 
 (a) Each Guarantor hereby absolutely, unconditionally and irrevocably guarantees the punctual payment and performance, when due, whether at stated maturity, by acceleration or otherwise, of all Secured
Obligations, whether absolute or contingent and whether for principal, interest (including, without limitation, interest that but for the existence of a bankruptcy, reorganization or similar proceeding would accrue), fees, amounts owing in respect
of Letter of Credit Obligations, amounts required to be provided as collateral, indemnities, expenses or otherwise (collectively, the “Guaranteed  

  
 Exhibit C
– Form of Guaranty Agreement 
 Page 1 of 13 

 
Obligations”). Without limiting the generality of the foregoing, each Guarantor’s liability shall extend to all amounts that constitute part of the Guaranteed Obligations and
would be owed by the Borrower or any Wholly-Owned Domestic Restricted Subsidiary of the Borrower to the Administrative Agent, the Issuing Lenders, the Swing Line Lenders or any Lender under the Credit Documents and by the Borrower or any
Wholly-Owned Domestic Restricted Subsidiary of the Borrower to the Swap Counterparty but for the fact that they are unenforceable or not allowable due to insolvency or the existence of a bankruptcy, reorganization or similar proceeding involving the
Borrower or any Wholly-Owned Domestic Restricted Subsidiary of the Borrower. 
 (b) In order to provide for just and equitable
contribution among the Guarantors, the Guarantors agree that in the event a payment shall be made on any date under this Guaranty by any Guarantor (the “Funding Guarantor”), each other Guarantor (each a “Contributing
Guarantor”) shall indemnify the Funding Guarantor in an amount equal to the amount of such payment, in each case multiplied by a fraction the numerator of which shall be the net worth of the Contributing Guarantor as of such date and the
denominator of which shall be the aggregate net worth of all the Contributing Guarantors together with the net worth of the Funding Guarantor as of such date. Any Contributing Guarantor making any payment to a Funding Guarantor pursuant to this
Section 2(b) shall be subrogated to the rights of such Funding Guarantor to the extent of such payment. 
 (c) Anything
contained in this Guaranty to the contrary notwithstanding, the obligations of each Guarantor under this Guaranty on any date shall be limited to a maximum aggregate amount equal to the largest amount that would not, on such date, render its
obligations hereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of the Bankruptcy Code of the United States or any applicable provisions of comparable laws relating to bankruptcy, insolvency, or
reorganization, or relief of debtors (collectively, the “Fraudulent Transfer Laws”), but only to the extent that any Fraudulent Transfer Law has been found in a final non-appealable judgment of a court of competent jurisdiction to
be applicable to such obligations as of such date, in each case: 
 (i) after giving effect to all liabilities of
such Guarantor, contingent or otherwise, that are relevant under the Fraudulent Transfer Laws, but specifically excluding: 
 (A) any liabilities of such Guarantor in respect of intercompany indebtedness to the Borrower or other affiliates of the Borrower to the extent that such indebtedness would be discharged in an amount
equal to the amount paid by such Guarantor hereunder; 
 (B) any liabilities of such Guarantor under this
Guaranty; and 
 (C) any liabilities of such Guarantor under each of its other guarantees of and joint and
several co-borrowings of Debt, in each case entered into on the date this Guaranty becomes effective, which contain a limitation as to maximum amount substantially similar to that set forth in this Section 2(c) (each such other guarantee and
joint and several co-borrowing entered into on the date this Guaranty becomes effective, a “Competing Guaranty”) to the extent such Guarantor’s liabilities under such Competing Guaranty exceed an amount equal to (1) the
aggregate principal amount of such Guarantor’s obligations under such Competing Guaranty (notwithstanding the operation of that limitation contained in such Competing Guaranty that is substantially similar to this Section 2(c)), multiplied
by (2) a fraction (i) the numerator of which is the aggregate principal amount of such Guarantor’s obligations under such Competing Guaranty (notwithstanding the operation of that limitation contained in such Competing Guaranty that
is substantially similar to this Section 2(c)), and (ii) the denominator of which is the 

  
 Exhibit C
– Form of Guaranty Agreement 
 Page 2 of 13 

 
sum of (x) the aggregate principal amount of the obligations of such Guarantor under all other Competing Guaranties (notwithstanding the operation of those limitations contained in such
other Competing Guaranties that are substantially similar to this Section 2(c)), (y) the aggregate principal amount of the obligations of such Guarantor under this Guaranty (notwithstanding the operation of this Section 2(c)), and
(z) the aggregate principal amount of the obligations of such Guarantor under such Competing Guaranty (notwithstanding the operation of that limitation contained in such Competing Guaranty that is substantially similar to this
Section 2(c)); and 
 (d) (ii) after giving effect as assets to the value (as determined under the applicable provisions of
the Fraudulent Transfer Laws) of any rights to subrogation, reimbursement, indemnification or contribution of such Guarantor pursuant to applicable law or pursuant to the terms of any agreement (including any such right of contribution under
Section 2(b)). 
 Section 3. Guaranty Absolute. Until the date that all Guaranteed Obligations have been paid
in full in cash, all Letters of Credit have been terminated or expired (or been cash collateralized to the reasonable satisfaction of the respective Issuing Lender), all Hedging Arrangements with Swap Counterparties have been terminated or novated
to a counterparty that is not a Secured Party, and all Commitments shall have terminated (such date being the “Termination Date”), each Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with
the terms of the Credit Documents, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Administrative Agent, the Issuing Lenders, the Swing Line Lenders, any
Lender, any Banking Service Provider or any Swap Counterparty with respect thereto but subject to Section 2(b) above. The obligations of each Guarantor under this Guaranty are independent of the Guaranteed Obligations or any other obligations
of any other Person under the Credit Documents or in connection with any Hedging Arrangement, and a separate action or actions may be brought and prosecuted against a Guarantor to enforce this Guaranty, irrespective of whether any action is brought
against any Guarantor or any other Person or whether any Guarantor or any other Person is joined in any such action or actions. The liability of each Guarantor under this Guaranty shall be irrevocable, absolute and unconditional irrespective of, and
each Guarantor, to the extent not prohibited by applicable law, hereby irrevocably waives any defenses it may now or hereafter have in any way relating to, any or all of the following: 

(a) any lack of validity or enforceability of any Credit Document or any agreement or instrument relating thereto or any part of the
Guaranteed Obligations being irrecoverable; 
 (b) any change in the time, manner or place of payment of, or in any other term
of, all or any of the Guaranteed Obligations or any other obligations of any Person under the Credit Documents or any agreement or instrument relating to Hedging Arrangements with a Swap Counterparty, or any other amendment or waiver of or any
consent to departure from any Credit Document or any agreement or instrument relating to Hedging Arrangements with a Swap Counterparty, including, without limitation, any increase in the Guaranteed Obligations resulting from the extension of
additional credit to the Borrower or otherwise; 
 (c) any taking, exchange, release or non-perfection of any Collateral, or any
taking, release or amendment or waiver of or consent to departure from any other guaranty, for all or any of the Guaranteed Obligations; 
 (d) any manner of application of Collateral, or proceeds thereof, to all or any of the Guaranteed Obligations, or any manner of sale or other disposition of any Collateral for all or any of the

  
 Exhibit C
– Form of Guaranty Agreement 
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Guaranteed Obligations or any other obligations of any other Person under the Credit Documents or any other assets of any Guarantor; 

(e) any change, restructuring or termination of the corporate structure or existence of any Guarantor; 

(f) any failure of any Lender, the Administrative Agent, the Issuing Lenders, the Swing Line Lenders or any other Secured Party to
disclose to any Guarantor any information relating to the business, condition (financial or otherwise), operations, properties or prospects of any Person now or in the future known to the Administrative Agent, the Issuing Lenders, the Swing Line
Lenders, any Lender or any other Secured Party (and each Guarantor hereby irrevocably waives any duty on the part of any Secured Party to disclose such information); 
 (g) any signature of any officer of any Guarantor being mechanically reproduced in facsimile or otherwise; or 
 (h) any other circumstance or any existence of or reliance on any representation by any Secured Party that might otherwise constitute a defense available to, or a discharge of, any Guarantor or any other
guarantor, surety or other Person. 
 Section 4. Continuation and Reinstatement, Etc. Each Guarantor agrees that, to
the extent that payments of any of the Guaranteed Obligations are made, or any Secured Party receives any proceeds of Collateral, and such payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or
preferential, set aside, or otherwise required to be repaid, then to the extent of such repayment the Guaranteed Obligations shall be reinstated and continued in full force and effect as of the date such initial payment or collection of proceeds
occurred. EACH GUARANTOR SHALL DEFEND AND INDEMNIFY EACH SECURED PARTY FROM AND AGAINST ANY CLAIM, DAMAGE, LOSS, LIABILITY, COST, OR EXPENSE UNDER THIS SECTION 4 (INCLUDING REASONABLE ATTORNEYS’ FEES AND EXPENSES) IN THE DEFENSE OF ANY SUCH
ACTION OR SUIT, INCLUDING SUCH CLAIM, DAMAGE, LOSS, LIABILITY, COST, OR EXPENSE ARISING AS A RESULT OF THE INDEMNIFIED SECURED PARTY’S OWN NEGLIGENCE BUT EXCLUDING SUCH CLAIM, DAMAGE, LOSS, LIABILITY, COST, OR EXPENSE THAT IS FOUND IN A FINAL,
NON-APPEALABLE JUDGMENT BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED FROM SUCH INDEMNIFIED SECURED PARTY’S GROSS NEGLIGENCE, OR WILLFUL MISCONDUCT; PROVIDED, HOWEVER, THAT IT IS THE INTENTION OF THE PARTIES HERETO THAT EACH INDEMNIFIED
SECURED PARTY BE INDEMNIFIED IN THE CASE OF ITS OWN NEGLIGENCE (OTHER THAN GROSS NEGLIGENCE), REGARDLESS OF WHETHER SUCH NEGLIGENCE IS SOLE OR CONTRIBUTORY, ACTIVE OR PASSIVE, IMPUTED, JOINT OR TECHNICAL. 

Section 5. Waivers and Acknowledgments. 
 (a) Each Guarantor, to the extent not prohibited by applicable law, hereby waives promptness, diligence, presentment, notice of acceptance and any other notice with respect to any of the Guaranteed
Obligations and this Guaranty and any requirement that any Secured Party protect, secure, perfect or insure any Lien or any property or exhaust any right or take any action against the Borrower or any other Person or any collateral. 

  
 Exhibit C
– Form of Guaranty Agreement 
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 (b) Each Guarantor, to the extent not prohibited by applicable law, hereby irrevocably
waives any right to revoke this Guaranty, and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future. 

(c) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from (i) the financing arrangements
involving any Guarantor contemplated by the Credit Documents, (ii) the Hedging Arrangements entered into by a Restricted Entity with a Swap Counterparty, and (iii) the Bank Services provided to any Restricted Entity, and that the waivers
set forth in this Guaranty are knowingly made in contemplation of such benefits. 
 Section 6. Subrogation and
Subordination. 
 (a) No Guarantor will exercise any rights that it may now have or hereafter acquire against any Restricted
Entity to the extent that such rights arise from the existence, payment, performance or enforcement of such Guarantor’s obligations under this Guaranty or any other Credit Document, including, without limitation, any right of subrogation,
reimbursement, exoneration, contribution or indemnification and any right to participate in any claim or remedy of any Secured Party against any Restricted Entity, whether or not such claim, remedy or right arises in equity or under contract,
statute or common law, including, without limitation, the right to take or receive from any Restricted Entity, directly or indirectly, in cash or other property or by set-off or in any other manner, payment or security on account of such claim,
remedy or right, until after the Termination Date. If any amount shall be paid to a Guarantor in violation of the preceding sentence at any time prior to or on the Termination Date, such amount shall be held in trust for the benefit of the Secured
Parties and shall forthwith be paid to the Administrative Agent to be credited and applied to the Guaranteed Obligations and any and all other amounts payable by the Guarantors under this Guaranty, whether matured or unmatured, in accordance with
the terms of the Credit Documents. 
 (b) Each Guarantor agrees that all Subordinated Guarantor Obligations (as hereinafter
defined) are and shall be subordinate and inferior in rank, preference and priority to all obligations of such Guarantor in respect of the Guaranteed Obligations hereunder, and such Guarantor shall, if requested by the Administrative Agent, execute
a subordination agreement reasonably satisfactory to the Administrative Agent to more fully set out the terms of such subordination. Each Guarantor agrees that none of the Subordinated Guarantor Obligations shall be secured by a lien or security
interest on any assets of such Guarantor or any ownership interests in any Subsidiary of such Guarantor. “Subordinated Guarantor Obligations” means any and all obligations and liabilities of a Guarantor owing to any other Guarantor,
direct or contingent, due or to become due, now existing or hereafter arising, including, without limitation, all future advances, with interest, attorneys’ fees, expenses of collection and costs. 

Section 7. Representations and Warranties. Each Guarantor hereby represents and warrants as follows: 

(a) There are no conditions precedent to the effectiveness of this Guaranty. Such Guarantor benefits from executing this Guaranty.

 (b) Such Guarantor has, independently and without reliance upon the Administrative Agent or any Lender and based on such
documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Guaranty, and such Guarantor has established adequate means of obtaining from each Restricted Entity on a continuing basis
information pertaining to, 

  
 Exhibit C
– Form of Guaranty Agreement 
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and is now and on a continuing basis will be completely familiar with, the business, condition (financial and otherwise), operations, properties and prospects of each Restricted Entity.

 (c) The obligations of such Guarantor under this Guaranty are the valid, binding and legally enforceable obligations of such
Guarantor, (except as limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws at the time in effect affecting the rights of creditors generally and (ii) general principles of equity whether applied by
a court of law or equity), and the execution and delivery of this Guaranty by such Guarantor has been duly and validly authorized in all respects by all requisite corporate, limited liability company or partnership actions on the part of such
Guarantor, and the Person who is executing and delivering this Guaranty on behalf of such Guarantor has full power, authority and legal right to so do, and to observe and perform all of the terms and conditions of this Guaranty on such
Guarantor’s part to be observed or performed. 
 Section 8. Right of Set-Off. Upon the occurrence and during
the continuance of any Event of Default, any Lender or the Administrative Agent, the Issuing Lenders, the Swing Line Lenders and any other Secured Party is hereby authorized at any time, to the fullest extent permitted by law, to set-off and apply
any deposits (general or special, time or demand, provisional or final) and other indebtedness owing by such Secured Party to the account of each Guarantor against any and all of the obligations of the Guarantors under this Guaranty, irrespective of
whether or not such Secured Party shall have made any demand under this Guaranty and although such obligations may be contingent and unmatured. Such Secured Party shall promptly notify the affected Guarantor after any such set-off and application is
made, provided that the failure to give such notice shall not affect the validity of such set-off and application. The rights of the Secured Parties under this Section 8 are in addition to other rights and remedies (including, without
limitation, other rights of set-off) which any Secured Party may have. 
 Section 9. Amendments, Etc. No amendment
or waiver of any provision of this Guaranty and no consent to any departure by any Guarantor therefrom shall in any event be effective unless the same shall be in writing and signed by the affected Guarantor and the Administrative Agent, and then
such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. 

Section 10. Notices, Etc. All notices and other communications provided for hereunder shall be sent in the manner provided
for in Section 9.9 of the Credit Agreement, in writing and hand delivered with written receipt, telecopied, sent by facsimile, sent by a nationally recognized overnight courier, or sent by certified mail, return receipt requested, if to a
Guarantor, at its address for notices specified in Schedule II to the Security Agreement, and if to the Administrative Agent, the Issuing Lenders or any Lender, at its address specified in or pursuant to the Credit Agreement. All such notices and
communications shall be effective when delivered. 
 Section 11. No Waiver: Remedies. No failure on the part of the
Administrative Agent or any other Secured Party to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right hereunder preclude any other or further exercise
thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law. 
 Section 12. Continuing Guaranty: Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the Termination Date,
(b) be binding upon each Guarantor and its successors and assigns, (c) inure to the benefit of and be enforceable by the Administrative Agent, each Lender, the Issuing Lenders, and the Swing Line Lenders and their respective successors,
and, in the case of transfers and assignments made in accordance with the Credit Agreement, transferees and assigns, and (d) inure to the benefit of and be enforceable by a Swap 

  
 Exhibit C
– Form of Guaranty Agreement 
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Counterparty and each of its successors, transferees and assigns to the extent such successor, transferee or assign is a Lender or an Affiliate of a Lender. Without limiting the generality of the
foregoing clause (c), subject to Section 9.7 of the Credit Agreement, any Lender may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of
its Commitment, the Advances owing to it and the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, subject,
however, in all respects to the provisions of the Credit Agreement. Each Guarantor acknowledges that upon any Person becoming a Lender, the Administrative Agent, the Issuing Lenders or the Swing Line Lenders in accordance with the Credit Agreement,
such Person shall be entitled to the benefits hereof. 
 Section 13. Governing Law. This Guaranty shall be deemed a
contract under, and shall be governed by, and construed and enforced in accordance with, the laws of the State of New York, applicable to contracts made and to be performed entirely within such state, including without regard to conflicts of laws
principles. 
 Section 14. Submission to Jurisdiction. EACH GUARANTOR PARTY TO THIS GUARANTY IRREVOCABLY AND
UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE
COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS GUARANTY, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE GUARANTORS PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN
RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE GUARANTORS PARTY HERETO AGREES THAT A FINAL JUDGMENT IN ANY
SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS GUARANTY SHALL AFFECT ANY RIGHT THAT ANY PARTY MAY OTHERWISE HAVE TO BRING ANY
ACTION OR PROCEEDING RELATING TO THIS GUARANTY AGAINST ANY OTHER PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

Section 15. Waiver of Venue. EACH GUARANTOR PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LEGAL REQUIREMENT, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS GUARANTY IN ANY COURT REFERRED TO IN SECTION 13. EACH OF THE PARTIES
HERETO HEREBY AGREES THAT SECTIONS 5-1401 AND 4-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK SHALL APPLY TO THIS GUARANTY AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LEGAL REQUIREMENT, THE
DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 
 Section 16.
Service of Process. Each Guarantor party hereto irrevocably consents to service of process in the manner provided for notices in Section 9.9 of the Credit Agreement. Nothing in this Guaranty will affect the right of any party hereto to
serve process in any other manner permitted by applicable law. 

  
 Exhibit C
– Form of Guaranty Agreement 
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 Section 17. Waiver of Jury. EACH GUARANTOR PARTY HERETO HEREBY IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS GUARANTY OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON
CONTRACT, TORT OR ANY OTHER THEORY). EACH GUARANTOR PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION,
SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER CREDIT DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION. 
 Section 18. INDEMNIFICATION. EACH GUARANTOR HEREBY INDEMNIFIES AND HOLDS HARMLESS THE
ADMINISTRATIVE AGENT, EACH SECURED PARTY AND EACH OF THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS (THE “INDEMNITEES”) FROM AND AGAINST ANY AND ALL CLAIMS, DAMAGES, LOSSES, LIABILITIES, COSTS, AND EXPENSES OF ANY KIND
OR NATURE WHATSOEVER TO WHICH ANY OF THEM MAY BECOME SUBJECT RELATING TO OR ARISING OUT OF THIS GUARANTY, INCLUDING SUCH INDEMNITEE’S OWN NEGLIGENCE, EXCEPT TO THE EXTENT SUCH CLAIMS, LOSSES OR LIABILITIES ARE FOUND IN A FINAL, NON-APPEALABLE
JUDGMENT BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED FROM SUCH INDEMNITEE’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. 
 Section 19. Additional Guarantors. Pursuant to Section 5.8 of the Credit Agreement, Wholly-Owned Domestic Restricted Subsidiaries of the Borrower that were not in existence on the date of
the Credit Agreement are required to enter into this Guaranty as a Guarantor within 14 days after becoming a Wholly-Owned Domestic Restricted Subsidiary. Upon execution and delivery after the date hereof by the Administrative Agent and such
Wholly-Owned Domestic Restricted Subsidiary of an instrument in the form of Annex 1, such Wholly-Owned Domestic Restricted Subsidiary shall become a Guarantor hereunder with the same force and effect as if originally named as a Guarantor
herein. The execution and delivery of any instrument adding an additional Guarantor as a party to this Guaranty shall not require the consent of any other Guarantor hereunder. The rights and obligations of each Guarantor hereunder shall remain in
full force and effect notwithstanding the addition of any new Guarantor as a party to this Guaranty. 
 Section 20.
USA Patriot Act. Each Secured Party that is subject to the Act (as hereinafter defined) and the Administrative Agent (for itself and not on behalf of any other Secured Party) hereby notifies each Guarantor that pursuant to the requirements of
the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001))(the “Act”), it is required to obtain, verify and record information that identifies such Guarantor, which information includes the name and address
of such Guarantor and other information that will allow such Secured Party or the Administrative Agent, as applicable, to identify such Guarantor in accordance with the Act. Following a request by any Secured Party, each Guarantor shall promptly
furnish all documentation and other information that such Secured Party reasonably requests in order to comply with its ingoing obligations under the applicable “know your customer” and anti-money laundering rules and regulations,
including the Act. 
 Section 21. NOTICE OF FINAL AGREEMENT. PURSUANT TO SECTION 26.02 OF THE
TEXAS BUSINESS AND COMMERCE CODE, AN AGREEMENT IN WHICH THE AMOUNT INVOLVED IN AGREEMENT EXCEEDS $50,000 IN VALUE IS NOT 

  
 Exhibit C
– Form of Guaranty Agreement 
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ENFORCEABLE UNLESS THE AGREEMENT IS IN WRITING AND SIGNED BY THE PARTY TO BE BOUND OR THAT PARTY’S AUTHORIZED REPRESENTATIVE. 

THIS GUARANTY AND THE CREDIT DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES WITH RESPECT TO THE SUBJECT MATTER HEREOF AND
MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. 
 THERE ARE
NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 
 [Remainder of this page intentionally left blank.] 

  
 Exhibit C
– Form of Guaranty Agreement 
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 The Administrative Agent and each Guarantor has caused this Guaranty to be duly executed as
of the date first above written. 
  

			
	GUARANTORS:
	
	
[                        
                                        
]

		
	By:	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	FORUM ENERGY TECHNOLOGIES, INC.
		
	By:	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	ADMINISTRATIVE AGENT:
	 WELLS FARGO BANK,
NATIONAL ASSOCIATION

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  
 Exhibit C
– Form of Guaranty Agreement 
 Page 10 of 13 

 Annex 1 to the Guaranty Agreement 

SUPPLEMENT NO.          dated as of
                     (the “Supplement”), to the Guaranty Agreement dated as of August 2, 2010 (as amended, supplemented
or otherwise modified from time to time, the “Guaranty Agreement”), among Forum Energy Technologies, Inc., a Delaware corporation (the “Borrower”), each Wholly-Owned Domestic Restricted Subsidiary of Borrower party
thereto (together with Borrower, individually, a “Guarantor” and collectively, the “Guarantors”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (the “Administrative Agent”) for
the benefit of the Secured Parties (as defined in the Credit Agreement referred to herein). 
 A. Reference is made to the
Credit Agreement dated as of August 2, 2010 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the lenders from time to time party thereto (the
“Lenders”), the Issuing Lenders (as defined in the Credit Agreement), and Wells Fargo Bank, N.A., as Administrative Agent and as a swing line lender. 
 B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty Agreement and the Credit Agreement. 

C. The Guarantors have entered into the Guaranty Agreement in order to induce the Lenders to make Advances and the Issuing Lenders to
issue Letters of Credit. Section 18 of the Guaranty Agreement provides that additional Wholly-Owned Domestic Restricted Subsidiaries of the Borrower may become Guarantors under the Guaranty Agreement by execution and delivery of an instrument
in the form of this Supplement. The undersigned Wholly-Owned Domestic Restricted Subsidiary of the Borrower (the “New Guarantor”) is executing this Supplement in accordance with the requirements of the Credit Agreement to become a
Guarantor under the Guaranty Agreement in order to induce the Lenders to make additional Advances and the Issuing Lenders to issue additional Letters of Credit and as consideration for Advances previously made and Letters of Credit previously
issued. 
 Accordingly, the Administrative Agent and the New Guarantor agree as follows: 

SECTION 1. In accordance with Section 18 of the Guaranty Agreement, the New Guarantor by its signature below becomes a Guarantor
under the Guaranty Agreement with the same force and effect as if originally named therein as a Guarantor and the New Guarantor hereby (a) agrees to all the terms and provisions of the Guaranty Agreement applicable to it as a Guarantor
thereunder and (b) represents and warrants that the representations and warranties made by it as a Guarantor thereunder are true and correct in all material respects on and as of the date hereof. Each reference to a “Guarantor” in the
Guaranty Agreement shall be deemed to include the New Guarantor. The Guaranty Agreement is hereby incorporated herein by reference. 
 SECTION 2. The New Guarantor represents and warrants to the Administrative Agent and the other Secured Parties that this Supplement has been duly authorized, executed and delivered by it by all requisite
corporate, limited liability company or partnership action and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (subject to applicable bankruptcy, reorganization, 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)). 

SECTION 3. This Supplement may be executed in counterparts, each of which shall constitute an original, but all of which when taken
together shall constitute a single contract. This Supplement shall become effective when the Administrative Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of the New Guarantor and the
Administrative Agent. 

  
 Exhibit C
– Form of Guaranty Agreement 
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Delivery of an executed signature page to this Supplement by fax transmission shall be as effective as delivery of a manually executed counterpart of this Supplement. 

SECTION 4. Except as expressly supplemented hereby, the Guaranty Agreement shall remain in full force and effect. 

SECTION 5. Governing Law. This Supplement shall be deemed a contract under, and shall be governed by, and construed and enforced
in accordance with, the laws of the State of New York, applicable to contracts made and to be performed entirely within such state, including without regard to conflicts of laws principles. 

SECTION 6. Submission to Jurisdiction. NEW GUARANTOR IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE
NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING
OUT OF OR RELATING TO THIS SUPPLEMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND NEW GUARANTOR IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW
YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. NEW GUARANTOR AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE
JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS SUPPLEMENT SHALL AFFECT ANY RIGHT THAT ANY PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS SUPPLEMENT AGAINST ANY OTHER PARTY OR ITS PROPERTIES IN THE
COURTS OF ANY JURISDICTION. 
 SECTION 7. Waiver of Venue. NEW GUARANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LEGAL REQUIREMENT, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT IN ANY COURT REFERRED TO IN SECTION 8. NEW
GUARANTOR HEREBY AGREES THAT SECTIONS 5-1401 AND 4-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK SHALL APPLY TO THIS SUPPLEMENT AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LEGAL
REQUIREMENT, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 
 SECTION
8. Service of Process. New Guarantor irrevocably consents to service of process in the manner provided for notices in Section 9.9 of the Credit Agreement. Nothing in this Supplement will affect the right of any party hereto to serve
process in any other manner permitted by applicable law. 
 SECTION 9. Waiver of Jury. NEW GUARANTOR HEREBY IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS SUPPLEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED
ON CONTRACT, TORT OR ANY OTHER THEORY). NEW GUARANTOR (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER 

  
 Exhibit C
– Form of Guaranty Agreement 
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PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS SUPPLEMENT
BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
 SECTION 10. In case any one or more of the
provisions contained in this Supplement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Guaranty Agreement shall not in any way be
affected or impaired thereby (it being understood that the invalidity of a particular provision hereof in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall
endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

SECTION 11. All communications and notices hereunder shall be in writing and given as provided in Section 10 of the Guaranty
Agreement. 
 THIS SUPPLEMENT, THE GUARANTY AGREEMENT AND THE OTHER CREDIT DOCUMENTS, AS DEFINED IN THE CREDIT AGREEMENT
REFERRED TO IN THIS SUPPLEMENT, REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. 

THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES HERETO. 

IN WITNESS WHEREOF, the New Guarantor and the Administrative Agent have duly executed this Supplement to the Guaranty Agreement as of the
day and year first above written. 
  

			
	[Name of New Guarantor]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit C
– Form of Guaranty Agreement 
 Page 13 of 13 

 EXHIBIT D 
 FORM OF NOTICE OF BORROWING 
 [Date] 

Wells Fargo Bank, National Association, as Administrative Agent 
 1525 W WT Harris Blvd. 
 Mail Code NC0680 
 Charlotte, North Carolina 28262 
 Attn: Syndication/Agency Services 

			
	Telephone:	 	(704) 590-2760
	Facsimile:	 	(704) 590-2790

 With a copy to: 

Wells Fargo Bank, National Association 
 1000
Louisiana, 9th Floor, MAC T5002-090 
 Houston, Texas 77002 
 Attn: J.C. Hernandez 

			
	Telephone:	 	713-319-1913
	 Facsimile:
	 	713-739-1087

 Ladies and Gentlemen: 

The undersigned, Forum Energy Technologies, Inc., a Delaware corporation (“Borrower”), (a) refers to the Credit
Agreement dated as of August 2, 2010 (as amended, restated or otherwise modified from time-to-time, the “Credit Agreement”; the defined terms of which are used in this Notice of Borrowing unless otherwise defined in this Notice of
Borrowing) among the Borrower, the lenders party thereto from time to time (the “Lenders”), the Issuing Lenders, and Wells Fargo Bank, N.A., as administrative agent and as a Swing Line Lender, and (b) certifies that it is authorized
to execute and deliver this Notice of Borrowing. 
 The Borrower hereby gives you irrevocable notice pursuant to Section 2.4(a) of the
Credit Agreement that the undersigned hereby requests a [Revolving][Swing Line] Borrowing (the “Proposed Borrowing”), and in connection with that request sets forth below the information relating to the Proposed Borrowing as
required by the Credit Agreement: 
  

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

 

	 	(b)	The Proposed Borrowing will be composed of [Base Rate Advances] [Eurodollar Rate Advances] [Swing Line Advances]. 

 

	 	(c)	The aggregate amount of the Proposed Borrowing is
$                    . 

  

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

  
 Exhibit D
– Form of Notice of Borrowing 
 Page 1 of 2 

 The Borrower hereby further certifies that the following statements are true on the date hereof, and will be
true on the date of the Proposed Borrowing: 
  

	 	(a)	the representations and warranties made by any Credit Party or any officer of any Credit Party contained in the Credit Documents are true and correct in all material
respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) on and as of the date of the Proposed Borrowing as though made
on and as of such date (except that any representation and warranty which by its terms is made as of a specified date shall be required to be true and correct in all material respects (except that such materiality qualifier shall not be applicable
to any representations and warranties that already are qualified or modified by materiality in the text thereof) only as of such specified date); and 

  

	 	(b)	no Default has occurred and is continuing or would result from the Proposed Borrowing or from the application of the proceeds therefrom. 

 

			
	Very truly yours,
	
	 FORUM ENERGY TECHNOLOGIES, INC.
 a Delaware corporation

		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit D
– Form of Notice of Borrowing 
 Page 2 of 2 

 EXHIBIT E 
 FORM OF NOTICE OF CONTINUATION OR CONVERSION 

                    
        , 201     
 Wells Fargo Bank, National Association, as
Administrative Agent 
 1525 W WT Harris Blvd 
 Mail Code NC0680 
 Charlotte, North Carolina 28262 

Attn: Syndication/Agency Services 

			
	Telephone:	 	(704) 590-2760
	Facsimile:	 	(704) 590-2790

 With a copy to: 

Wells Fargo Bank, National Association 
 1000
Louisiana, 9th Floor, MAC T5002-090 
 Houston, Texas 77002 
 Attn: J.C. Hernandez 

			
	Telephone:	 	713-319-1913
	Facsimile:	 	713-739-1087

 Ladies and Gentlemen: 

The undersigned, Forum Energy Technologies, Inc., a Delaware corporation (the “Borrower”), refers to the Credit Agreement dated as of
August 2, 2010 (as the same may be amended, restated, supplement or otherwise modified from time-to-time, the “Credit Agreement”, the defined terms of which are used in this Notice of Conversion or Continuation as defined therein
unless otherwise defined in this Notice of Conversion or Continuation) by and among the Borrower, the lenders party thereto (“Lenders”), the Issuing Lenders, and Wells Fargo Bank, National Association, as administrative agent
(“Administrative Agent”) for the Lenders and as a Swing Line Lender, and hereby gives you irrevocable notice pursuant to Section 2.4(b) of the Credit Agreement that the undersigned hereby requests a [Conversion] [Continuation] of
outstanding Revolving Advances, and in connection with that request sets forth below the information relating to such [Conversion/Continuation] (the “Proposed [Conversion/Continuation]”) as required by Section 2.4(b) of the Credit
Agreement: 
 1. The Business Day of the Proposed [Conversion/Continuation] is
                                        ,
        . 
 2. The aggregate amount of the existing Revolving Advances to be
[Converted][Continued] is $                      and is comprised of [Base Rate Advances][Eurodollar Rate Advances] (“Existing
Advances”). 
 3. The Proposed [Conversion/Continuation] consists of [a Conversion of the Existing Advances to [Base Rate
Advances] [Eurodollar Rate Advances]] [a Continuation of the Existing Advances]. 
 [(4) The Interest Period for the Proposed
[Conversion/Continuation] is [     month[s]]. 

  
 Exhibit E
– Notice of Continuation or Conversion 
 Page 1 of 2 

 The Borrower hereby certifies that the following statements are true on the date hereof, and will be true on
the date of the Proposed [Conversion/Continuation]: 
 A. the representations and warranties made by any Credit Party or any
officer of any Credit Party contained in the Credit Documents are true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified
by materiality in the text thereof) on and as of the date of the Proposed [Conversion/Continuation], as though made on and as of such date (except that any representation and warranty which by its terms is made as of a specified date shall be
required to be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) only as of such
specified date); and 
 B. no Default has occurred and is continuing or would result from such Proposed [Conversion/Continuation]
or from the application of the proceeds therefrom. 
  

			
	Very truly yours,
	
	FORUM ENERGY TECHNOLOGIES, INC.
		
	By:	 	  

			
	Printed Name:	 	  

			
	Title:	 	  

  
 Exhibit E
– Notice of Continuation or Conversion 
 Page 2 of 2 

 EXHIBIT F 
 FORM OF REVOLVING NOTE 
  

			
	$                     	  	                    ,
        

 For value received, the undersigned FORUM ENERGY
TECHNOLOGIES, INC., a Delaware corporation (“Borrower”), hereby promises to pay to the order of
                                        
(“Payee”) the principal amount of
                                        
No/100 Dollars
($                                        
) or, if less, the aggregate outstanding principal amount of the Revolving Advances (as defined in the Credit Agreement referred to below) made by the Payee (or predecessor in interest) to the Borrower, together with interest on the unpaid
principal amount of the Revolving Advances from the date of such Revolving Advances until such principal amount is paid in full, at such interest rates, and at such times, as are specified in the Credit Agreement (as hereunder defined). The Borrower
may make prepayments on this Revolving Note in accordance with the terms of the Credit Agreement. 
 This Revolving Note is one
of the Revolving Notes referred to in, and is entitled to the benefits of, and is subject to the terms of, the Credit Agreement dated as of August 2, 2010 (as the same may be amended, restated, supplement or otherwise modified from time to
time, the “Credit Agreement”), among the Borrower, the lenders party thereto (the “Lenders”), the Issuing Lenders (as defined in the Credit Agreement), and Wells Fargo Bank, N.A., as administrative agent (the “Administrative
Agent”) and as a Swing Line Lender. Capitalized terms used in this Revolving Note that are defined in the Credit Agreement and not otherwise defined in this Revolving Note have the meanings assigned to such terms in the Credit Agreement. The
Credit Agreement, among other things, (a) provides for the making of the Revolving Advances by the Payee to the Borrower in an aggregate amount not to exceed at any time outstanding the Dollar amount first above mentioned, the indebtedness of
the Borrower resulting from each such Revolving Advance being evidenced by this Revolving Note, and (b) contains provisions for acceleration of the maturity of this Revolving Note upon the happening of certain events stated in the Credit
Agreement and for prepayments of principal prior to the maturity of this Revolving Note upon the terms and conditions specified in the Credit Agreement. 
 Both principal and interest are payable in lawful money of the United States of America to the Administrative Agent at the location or address specified by the Administrative Agent to the Borrower in same
day funds. The Payee shall record payments of principal made under this Revolving Note, but no failure of the Payee to make such recordings shall affect the Borrower’s repayment obligations under this Revolving Note. 

This Revolving Note is secured by the Security Documents and guaranteed pursuant to the terms of the Guaranties. 

This Revolving Note is made expressly subject to the terms of Section 9.11 and Section 9.12 of the Credit Agreement.

 Except as specifically provided in the Credit Agreement, the Borrower hereby waives presentment, demand, protest, notice of
intent to accelerate, notice of acceleration, and any other notice of any kind. No failure to exercise, and no delay in exercising, any rights hereunder on the part of the holder of this Revolving Note shall operate as a waiver of such rights.

 THIS REVOLVING NOTE SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

  
 Exhibit F
– Form of Revolving Note 
 Page 1 of 2 

 THIS REVOLVING NOTE AND THE OTHER CREDIT DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG
THE PARTIES AND SUPERSEDE ALL PRIOR UNDERSTANDINGS AND AGREEMENTS, WHETHER WRITTEN OR ORAL, RELATING TO THE TRANSACTIONS PROVIDED FOR HEREIN AND THEREIN. ADDITIONALLY, THIS REVOLVING NOTE AND THE CREDIT DOCUMENTS MAY NOT BE CONTRADICTED BY EVIDENCE
OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. 
 THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG
THE PARTIES. 
  

			
	FORUM ENERGY TECHNOLOGIES, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit F
– Form of Revolving Note 
 Page 2 of 2 

 EXHIBIT G 
 FORM OF PLEDGE AND SECURITY AGREEMENT 
 This PLEDGE AND SECURITY AGREEMENT,
dated as of August 2, 2010 (as amended, supplemented, amended and restated or otherwise modified from time to time, this “Security Agreement”), is by and among FORUM ENERGY TECHNOLOGIES, INC., a Delaware corporation (the
“Borrower”), each subsidiary of the Borrower party hereto from time to time (collectively with the Borrower, the “Grantors” and individually, a “Grantor”), and WELLS FARGO BANK, NATIONAL
ASSOCIATION., as administrative agent (the “Administrative Agent”) for the ratable benefit of the Secured Parties (as defined in the Credit Agreement referred to herein). 

W I T N E S S E T H: 

WHEREAS, this Security Agreement is entered into in connection with that certain Credit Agreement, dated as of August 2, 2010 (as
amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the lenders party thereto from time to time (the “Lenders”), the Issuing Lenders (as
defined in the Credit Agreement), and Wells Fargo Bank, National Association, as the Administrative Agent and as a swing line lender; and 
 WHEREAS, pursuant to the terms of the Credit Agreement, and in consideration of the credit extended by the Lenders to the Borrower and the letters of credit issued by the Issuing Lenders for the account
of the Borrower or any subsidiary of the Borrower, certain Grantors have executed and delivered that certain Guaranty Agreement dated as of the date hereof (the “Guaranty”), guaranteeing the Secured Obligations (as defined in the
Credit Agreement); and 
 WHEREAS, as a condition precedent to the initial extension of credit under the Credit Agreement, each
Grantor is required to execute and deliver this Security Agreement; and 
 WHEREAS, it is in the best interests of each Grantor
to execute this Security Agreement inasmuch as each Grantor will derive substantial direct and indirect benefits from (i) the transactions contemplated by the Credit Agreement, (ii) the Hedging Arrangements (as defined in the Credit
Agreement) entered into by the Borrower or any other Restricted Entity (as defined in the Credit Agreement) with a Swap Counterparty (as defined in the Credit Agreement), and (iii) the Banking Services (as defined in the Credit Agreement)
provided by any of the Lenders or their Affiliates to the Borrower or any other Restricted Entity, and each Grantor is willing to execute, deliver and perform its obligations under this Security Agreement to secure the Secured Obligations (as
defined herein). 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, each Grantor agrees, for the benefit of each Secured Party, as follows: 
 ARTICLE I 

DEFINITIONS 

SECTION 1.1. Certain Terms. The following terms (whether or not underscored) when used in this Security Agreement, including its
preamble and recitals, shall have the following meanings (such definitions to be equally applicable to the singular and plural forms thereof): 
 “Administrative Agent” has the meaning set forth in the preamble. 

  
 Exhibit G
– Form of Pledge and Security Agreement 
 Page 1 of 41 

 “Borrower” has the meaning set forth in the preamble. 

“Certificated Equipment” means any Equipment the ownership of which is evidenced by, or under applicable Legal
Requirement, is required to be evidenced by a certificate of title. 
 “Collateral” has the meaning set forth
in Section 2.1(a). 
 “Collateral Account” has the meaning set forth in Section 4.3(b).

 “Computer Hardware and Software Collateral” means (a) all computer and other electronic data processing
hardware, integrated computer systems, central processing units, memory units, display terminals, printers, features, computer elements, card readers, tape drives, hard and soft disk drives, cables, electrical supply hardware, generators, power
equalizers, accessories and all peripheral devices and other related computer hardware, including all operating system software, utilities and application programs in whatsoever form, (b) software programs (including both source code, object
code and all related applications and data files), designed for use on the computers and electronic data processing hardware described in clause (a) above, (c) all firmware associated therewith, (d) all documentation (including
flow charts, logic diagrams, manuals, guides, specifications, training materials, charts and pseudo codes) with respect to such hardware, software and firmware described in the preceding clauses (a) through (c), and (e) all
rights with respect to all of the foregoing, including copyrights, licenses, options, warranties, service contracts, program services, test rights, maintenance rights, support rights, improvement rights, renewal rights and indemnifications and any
substitutions, replacements, improvements, error corrections, updates, additions or model conversions of any of the foregoing. 

“Control Agreement” means an authenticated record in form and substance reasonably satisfactory to the Administrative
Agent, that provides for the Administrative Agent (for the ratable benefit of the Secured Parties) to have “control” (as defined in the UCC) over certain Collateral. 
 “Copyright Collateral” means all copyrights of any Grantor, registered or unregistered and whether published or unpublished, now or hereafter in force throughout the world including all
of such Grantor’s rights, titles and interests in and to all copyrights registered in the United States Copyright Office or anywhere else in the world, including without limitation those copyrights referred to in Item C of Schedule
III hereto, and registrations and recordings thereof and all applications for registration thereof, whether pending or in preparation, all copyright licenses, the right to sue for past, present and future infringements of any of the foregoing,
all rights corresponding thereto, all extensions and renewals of any thereof and all proceeds of the foregoing, including licenses, royalties, income, payments, claims, damages and Proceeds of suit, which are owned or licensed by such Grantor.

 “Credit Agreement” has the meaning set forth in the first recital. 

“Distributions” means all cash, cash dividends, stock dividends, other distributions, liquidating dividends, shares of
stock resulting from (or in connection with the exercise of) stock splits, reclassifications, warrants, options, non-cash dividends, and all other distributions or payments (whether similar or dissimilar to the foregoing) on or with respect to, or
on account of, any Pledged Share or Pledged Interest or other rights or interests constituting Collateral. 

“Equipment” has the meaning set forth in Section 2.1(a)(i). 

“Excluded Collateral” has the meaning set forth in Section 2.1(b). 

  
 Exhibit G
– Form of Pledge and Security Agreement 
 Page 2 of 41 

 “Excluded Contract” means any contract (and any contract rights arising
thereunder) to which any of the Grantors is a party on the date hereof or which is entered into by any Grantor after the date hereof which complies with Section 6.5 of the Credit Agreement, in any case to the extent (but only to the extent)
that a Grantor is prohibited from granting a security interest in, pledge of, or charge, mortgage or lien upon any such Property by reason of (a) a negative pledge, anti-assignment provision or other contractual restriction in existence on the
date hereof or, as to contracts entered into after the date hereof, in existence in compliance with Section 6.5 of the Credit Agreement, or (b) applicable Legal Requirement to which such Grantor or such Property is subject;
provided, however, to the extent that (i) either of the prohibitions discussed in clause (a) and (b) above is ineffective or subsequently rendered ineffective under Sections 9-406, 9-407, 9-408 or 9-409 of the UCC or
under any other Legal Requirement or is otherwise no longer in effect or enforceable, or (ii) the applicable Grantor has obtained the consent of the other parties to such Excluded Contract to the creation of a lien and security interest in,
such Excluded Contract, then such contract (and any contract rights arising thereunder) shall cease to be an “Excluded Contract” and shall automatically be subject to the lien and security interests granted hereby and to the terms and
provisions of this Security Agreement as a “Collateral”; provided further, that any proceeds received by any Grantor from the sale, transfer or other disposition of Excluded Contracts shall constitute Collateral unless any Property
constituting such proceeds are themselves subject to the exclusions set forth above or otherwise constitute Excluded Collateral. 
 “Excluded Governmental Approvals” means any Governmental Approval to the extent (but only to the extent) that a Grantor is prohibited from granting a security interest in, pledge of, or
charge, mortgage or lien upon any such Property by reason of (a) a negative pledge, anti-assignment provision or other contractual restriction or (b) applicable Legal Requirement to which such Grantor or such Property is subject; provided,
however, to the extent that (i) either of the prohibitions discussed in clause (a) and (b) above is ineffective or subsequently rendered ineffective under Sections 9-406, 9-407, 9-408 or 9-409 of the UCC or under any other Legal
Requirement or is otherwise no longer in effect or enforceable, or (ii) the applicable Grantor has obtained the consent of the applicable Governmental Authority to the creation of a lien and security interest in, such Excluded Governmental
Approval, then such Governmental Approval shall cease to be an “Excluded Governmental Approval” and shall automatically be subject to the lien and security interests granted hereby and to the terms and provisions of this Security Agreement
as a “Collateral”; provided further, that any proceeds received by any Grantor from the sale, transfer or other disposition of Excluded Governmental Approval shall constitute Collateral unless any Property constituting such proceeds
are themselves subject to the exclusions set forth above or otherwise constitute Excluded Collateral 
 “Excluded JV
Equity Interests” means the Equity Interests owned by any Grantor in a Joint Venture to the extent (but only to the extent) (a) the organizational documents of such Joint Venture prohibits the granting of Lien on such Equity Interests
or (b) such Equity Interests of such Joint Venture are otherwise pledged as collateral to secure (i) obligations to the other holders of the Equity Interests in such Joint Venture (other than a holder that is a Subsidiary of the Borrower)
or (ii) Debt of such Joint Venture that is non-recourse to any of the Credit Parties or to any of the Credit Parties’ Properties; provided however, if any of the foregoing conditions cease to be in effect for any reason, then the
Equity Interest in such Joint Venture shall cease to be an “Excluded JV Equity Interest” and shall automatically be subject to the lien and security interest granted hereby and to the terms and provisions of this Security Agreement as a
“Collateral”; provided further, that any proceeds received by any Grantor from the sale, transfer or other disposition of Excluded JV Equity Interest shall constitute Collateral unless any Property constituting such proceeds are
themselves subject to the exclusions set forth above. 
 “Excluded Perfection Collateral” shall mean, unless
otherwise elected by the Administrative Agent during the continuance of an Event of Default, collectively (a) Certificated Equipment, (b) deposit accounts, commodities accounts and securities accounts other than the Cash Collateral
Account, and (c)

  
 Exhibit G
– Form of Pledge and Security Agreement 
 Page 3 of 41 

 
any other Property (i) in which a security interest cannot be perfected by the filing of a financing statement under the UCC and (ii) with respect to which the Administrative Agent has
determined, in its reasonable discretion that the cost of perfecting a security interest in such Property are excessive in relation to the value of the Lien to be afforded thereby. 

“Excluded PMSI Collateral” means any Property and proceeds thereof (including insurance proceeds) of a Grantor that is
now or hereafter subject to a Lien securing purchase money debt or a Capital Lease obligation to the extent (and only to the extent) that (a) the Debt associated with such Lien is permitted under Section 6.1(f), (m) or (o) of the
Credit Agreement, and (b) the documents evidencing such purchase money debt or Capital Lease obligation prohibit or restrict the granting of a Lien in such Property; provided, however, to the extent that either of the prohibitions
discussed in clause (a) and (b) above is ineffective or subsequently rendered ineffective under Sections 9-406, 9-407, 9-408 or 9-409 of the UCC or under any other Legal Requirement or is otherwise no longer in effect, then such Property
and proceeds thereof shall cease to be “Excluded PMSI Collateral” and shall automatically be subject to the lien and security interests granted hereby and to the terms and provisions of this Security Agreement as “Collateral”;
provided further, that any proceeds received by any Grantor from the sale, transfer or other disposition of Excluded PMSI Collateral shall constitute Collateral unless any Property constituting such proceeds are themselves subject to the
exclusions set forth above or otherwise constitute Excluded Collateral. 
 “Excluded Real Property” means all
fee owned and leased real property (including all leases related thereto) of any Credit Party and all insurance proceeds thereof. 
 “Excluded Foreign Stock” means the Equity Interests issued by Foreign Subsidiaries other than 66% of the Voting Securities issued by a First Tier Foreign Subsidiary. 

“First-Tier Foreign Subsidiary” means any Foreign Subsidiary the Equity Interests of which are held directly by the
Borrower or a Wholly Owned Domestic Restricted Subsidiary. 
 “Foreign Subsidiary” means any Subsidiary of the
Borrower that is not a United States Person within the meaning of Section 7701(a)(30) of the Code. 
 “General
Intangibles” means all “general intangibles” and all “payment intangibles”, each as defined in the UCC, and shall include all interest rate or currency protection or hedging arrangements, all tax refunds, all licenses,
permits, concessions and authorizations and all Intellectual Property Collateral (in each case, regardless of whether characterized as general intangibles under the UCC). 
 “Governmental Approval” has the meaning set forth in Section 2.1(a)(vi). 
 “Grantor” has the meaning set forth in the preamble. 

“Indemnified Parties” has the meaning set forth in Section 6.3(a). 

“Intellectual Property Collateral” means, collectively, the Computer Hardware and Software Collateral, the Copyright
Collateral, the Patent Collateral, the Trademark Collateral and the Trade Secrets Collateral. 
 “Inventory”
has the meaning set forth in Section 2.1(a)(ii). 
 “Joint Venture” means, with respect to any
Person (the “holder”) at any date, any incorporated, formed or organized corporation, limited liability company, partnership, association or other entity, a less 

  
 Exhibit G
– Form of Pledge and Security Agreement 
 Page 4 of 41 

 
than a majority of whose outstanding Voting Securities shall at any time be owned by the holder or one more Subsidiaries of the holder. Unless expressly provided otherwise, all references herein
to any “Joint Venture” or “Joint Ventures” means a Joint Venture or Joint Ventures of a Grantor. 

“Lenders” has the meaning set forth in the first recital. 

“Patent Collateral” means (a) all inventions and discoveries, whether patentable or not, all letters patent and
applications for letters patent throughout the world, including without limitation those patents referred to in Item A of Schedule III hereto, and any patent applications in preparation for filing, (b) all reissues, divisions,
continuations, continuations-in-part, extensions, renewals and reexaminations of any of the items described in clause (a), (c) all patent licenses, and other agreements providing any Grantor with the right to use any items of the type
referred to in clauses (a) and (b) above, and (d) all proceeds of, and rights associated with, the foregoing (including licenses, royalties income, payments, claims, damages and proceeds of infringement suits), the right
to sue third parties for past, present or future infringements of any patent or patent application, and for breach or enforcement of any patent license. 
 “Pledged Interests” means all Equity Interests or other ownership interests of any Pledged Interests Issuer described in Item A of Schedule I hereto; all registrations,
certificates, articles, by-laws, regulations, limited liability company agreements or constitutive agreements governing or representing any such interests; all options and other rights, contractual or otherwise, at any time existing with respect to
such interests, as such interests are amended, modified, or supplemented from time to time, and together with any interests in any Pledged Interests Issuer taken in extension or renewal thereof or substitution therefor. 

“Pledged Interests Issuer” means each Person identified in Item A of Schedule I hereto as the issuer of
the Pledged Shares or the Pledged Interests identified opposite the name of such Person. 
 “Pledged Note
Issuer” means each Person identified in Item B of Schedule I hereto as the issuer of the Pledged Notes identified opposite the name of such Person. 
 “Pledged Notes” means all promissory notes of any Pledged Note Issuer evidencing Debt incurred pursuant to Section 6.1(d) of the Credit Agreement in form and substance
reasonably satisfactory to the Administrative Agent delivered by any Grantor to the Administrative Agent as Pledged Property hereunder, as such promissory notes, in accordance with Section 7.3, are amended, modified or supplemented from
time to time and together with any promissory note of any Pledged Note Issuer taken in extension or renewal thereof or substitution therefor. 
 “Pledged Property” means all Pledged Notes, Pledged Interests, Pledged Shares, all assignments of any amounts due or to become due with respect to the Pledged Interests or the Pledged
Shares, all other instruments which are now being delivered by any Grantor to the Administrative Agent or may from time to time hereafter be delivered by any Grantor to the Administrative Agent for the purpose of pledging under this Security
Agreement or any other Credit Document, and all proceeds of any of the foregoing. 
 “Pledged Shares” means all
Equity Interests of any Pledged Interests Issuer identified under Item A of Schedule I which are delivered by any Grantor to the Administrative Agent as Pledged Property hereunder. 

“Receivables” has the meaning set forth in Section 2.1(a)(iii). 

“Related Contracts” has the meaning set forth in Section 2.1(a)(iii). 

  
 Exhibit G
– Form of Pledge and Security Agreement 
 Page 5 of 41 

 “Secured Obligations” has the meaning set forth in
Section 2.2(a). 
 “Secured Parties” has the meaning set forth in the Credit Agreement. 

“Security Agreement” has the meaning set forth in the preamble. 

“Termination Date” means the date that all Secured Obligations have been paid in full in cash, all Letters of Credit
have been terminated or expired (or been cash collateralized to the reasonable satisfaction of the respective Issuing Lender), all Hedging Arrangements with Swap Counterparties have been terminated or novated to a counterparty that is not a Secured
Party, and all Commitments shall have terminated. 
 “Trademark Collateral” means (a) (i) all
trademarks, trade names, corporate names, company names, business names, fictitious business names, trade styles, service marks, certification marks, collective marks, logos and other source or business identifiers, and all goodwill of the business
associated therewith, now existing or hereafter adopted or acquired, including without limitation those trademarks referred to in Item B of Schedule III hereto, whether currently in use or not, all registrations and recordings thereof
and all applications in connection therewith, whether pending or in preparation for filing, including registrations, recordings and applications in the United States Patent and Trademark Office or in any office or agency of the United States of
America, or any State thereof or any other country or political subdivision thereof or otherwise, and all common-law rights relating to the foregoing, and (ii) the right to obtain all reissues, extensions or renewals of the foregoing
(collectively referred to as the “Trademark”), (b) all trademark licenses for the grant by or to any Grantor of any right to use any trademark, (c) all of the goodwill of the business connected with the use of, and
symbolized by the items described in, clause (a), and to the extent applicable clause (b), (d) the right to sue third parties for past, present and future infringements of any Trademark Collateral described in clause
(a) and, to the extent applicable, clause (b), and (e) all Proceeds of, and rights associated with, the foregoing, including any claim by any Grantor against third parties for past, present or future infringement or dilution of
any Trademark, Trademark registration or Trademark license, or for any injury to the goodwill associated with the use of any such Trademark or for breach or enforcement of any Trademark license and all rights corresponding thereto throughout the
world. 
 “Trade Secrets Collateral” means all common law and statutory trade secrets and all other
confidential, proprietary or useful information and all know-how obtained by or used in or contemplated at any time for use in the business of any Grantor, (all of the foregoing being collectively called a “Trade Secret”), including
all Documents and things embodying, incorporating or referring in any way to such Trade Secret, all Trade Secret licenses, and including the right to sue for and to enjoin and to collect damages for the actual or threatened misappropriation of any
Trade Secret and for the breach or enforcement of any such Trade Secret license. 
 “UCC” means the Uniform
Commercial Code, as in effect in the State of New York, as the same may be amended from time to time. 
 SECTION 1.2. Credit
Agreement Definitions. Unless otherwise defined herein or the context otherwise requires, terms used in this Security Agreement, including its preamble and recitals, have the meanings provided in the Credit Agreement. 

SECTION 1.3. UCC Definitions. Unless otherwise defined herein or the context otherwise requires, terms for which meanings are
provided in the UCC are used in this Security Agreement, including its preamble and recitals, with such meanings. 

  
 Exhibit G
– Form of Pledge and Security Agreement 
 Page 6 of 41 

 SECTION 1.4. Miscellaneous. Article, Section, Schedule, and Exhibit references are to
Articles and Sections of and Schedules and Exhibits to this Security Agreement, unless otherwise specified. All references to instruments, documents, contracts, and agreements (including this Security Agreement) are references to such instruments,
documents, contracts, and agreements as the same may be amended, supplemented, and otherwise modified from time to time, unless otherwise specified and shall include all schedules and exhibits thereto unless otherwise specified. The words
“hereof”, “herein”, and “hereunder” and words of similar import when used in this Security Agreement shall refer to this Security Agreement as a whole and not to any particular provision of this Security Agreement. The
term “including” means “including, without limitation,”. Paragraph headings have been inserted in this Security Agreement as a matter of convenience for reference only and it is agreed that such paragraph headings are not a part
of this Security Agreement and shall not be used in the interpretation of any provision of this Security Agreement. 
 ARTICLE II

 SECURITY INTEREST 
 SECTION 2.1. Grant of Security Interest. 
 (a) Each Grantor hereby pledges,
hypothecates, assigns, charges, mortgages, delivers, and transfers to the Administrative Agent, for the ratable benefit of each Secured Party, and hereby grants to the Administrative Agent, for the ratable benefit of each Secured Party, a continuing
security interest in all of such Grantor’s right, title and interest in, to and under, all of the following, whether now owned or hereafter acquired by such Grantor, and wherever located and whether now owned or hereafter existing or arising
(collectively, the “Collateral”): 
 (i) all equipment in all of its forms (including, but not
limited to, all drilling platforms and rigs and remotely operated vehicles, trenchers, and other equipment used by any Grantor, vehicles, motor vehicles, rolling stock, vessels, aircraft) of such Grantor, wherever located, and all surface or
subsurface machinery, equipment, facilities, supplies, or other tangible personal property, including tubing, rods, pumps, pumping units and engines, pipe, pipelines, meters, apparatus, boilers, compressors, liquid extractors, connectors, valves,
fittings, power plants, poles, lines, cables, wires, transformers, starters and controllers, machine shops, tools, machinery and parts, storage yards and equipment stored therein, buildings and camps, telegraph, telephone, and other communication
systems, loading docks, loading racks, and shipping facilities, and any manuals, instructions, blueprints, computer software (including software that is imbedded in and part of the equipment), and similar items which relate to the above, and any and
all additions, substitutions and replacements of any of the foregoing, wherever located together with all improvements thereon and all attachments, components, parts, equipment and accessories installed thereon or affixed thereto (any and all of the
foregoing being the “Equipment”); 
 (ii) all inventory in all of its forms of such Grantor,
wherever located, including (A) all oil, gas, or other hydrocarbons and all products and substances derived therefrom, all raw materials and work in process therefore, finished goods thereof, and materials used or consumed in the manufacture or
production thereof, (B) all documents of title covering any inventory, including, without limitation, work in process, materials used or consumed in any Grantor’s business, now owned or hereafter acquired or manufactured by any Grantor and
held for sale in the ordinary course of its business (C) all goods in which such Grantor has an interest in mass or a joint or other interest or right of any kind (including goods in which such Grantor has an interest or right as consignee),
(D) all goods which are returned to or repossessed by such Grantor, and all accessions thereto, products thereof and documents therefore, and (E) any other item constituting 

  
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“inventory” under the UCC (any and all such inventory, materials, goods, accessions, products and documents being the “Inventory”); 

(iii) all accounts, money, payment intangibles, deposit accounts (including the Collateral Accounts and all amounts on
deposit therein and all cash equivalent investments carried therein and all proceeds thereof), contracts, contract rights, all rights constituting a right to the payment of money, chattel paper, documents, documents of title, instruments, and
General Intangibles of such Grantor, whether or not earned by performance or arising out of or in connection with the sale or lease of goods or the rendering of services, including all moneys due or to become due in repayment of any loans or
advances, and all rights of such Grantor now or hereafter existing in and to all security agreements, guaranties, leases, agreements and other contracts securing or otherwise relating to any such accounts, money, payment intangibles, deposit
accounts, contracts, contract rights, rights to the payment of money, chattel paper, documents, documents of title, instruments, and General Intangibles (any and all such accounts, money, payment intangibles, deposit accounts, contracts, contract
rights, rights to the payment of money, chattel paper, documents, documents of title, instruments, and General Intangibles being the “Receivables”, and any and all such security agreements, guaranties, leases, agreements and other
contracts being the “Related Contracts”); 
 (iv) all Intellectual Property Collateral of such
Grantor; 
 (v) all books, correspondence, credit files, records, invoices, tapes, cards, computer runs,
writings, data bases, information in all forms, paper and documents and other property relating to, used or useful in connection with, evidencing, embodying, incorporating or referring to, any of the foregoing in this Section 2.1;

 (vi) all governmental approvals, permits, licenses, authorizations, consents, rulings, tariffs, rates,
certifications, waivers, exemptions, filings, claims, orders, judgments and decrees and other Legal Requirements (each a “Governmental Approval”); 

(vii) all interest rate swap agreements, interest rate cap agreements and interest rate collar agreements, and all other
agreements or arrangements designed to protect such Grantor against fluctuations in interest rates or currency exchange rates and all commodity hedge, commodity swap, exchange, forward, future, floor, collar or cap agreements, fixed price agreements
and all other agreements or arrangements designed to protect such Grantor against fluctuations in commodity prices (including any Hedging Arrangement); 
 (viii) to the extent not included in the foregoing, all bank accounts, investment property, fixtures, supporting obligations, and goods; 

(ix) all Pledged Interests, Pledged Notes, Pledged Shares and any other Pledged Property and all Distributions, interest,
and other payments and rights with respect to such Pledged Property; 
 (x) (A) all policies of insurance
now or hereafter held by or on behalf of such Grantor, including casualty, liability, key man life insurance, business interruption, foreign credit insurance, and any title insurance, (B) all proceeds of insurance, and (C) all rights, now
or hereafter held by such Grantor to any warranties of any manufacturer or contractor of any other Person; 

  
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 (xi) all accessions, substitutions, replacements, products, offspring,
rents, issues, profits, returns, income and proceeds of and from any and all of the foregoing Collateral (including proceeds which constitute property of the types described in sub-clauses (i), (ii), (iii), (iv),
(v), (vi), (vii), (viii), (ix) and (x) and proceeds deposited from time to time in any lock boxes of such Grantor, and, to the extent not otherwise included, all payments and proceeds under insurance (whether or
not the Administrative Agent is the loss payee thereof), or any condemnation award, indemnity, warranty or guaranty, payable by reason of loss or damage to or otherwise with respect to any of the Collateral); 

(xii) any and all Liens and security interests (together with the documents evidencing such security interests) granted to
such Grantor by an obligor to secure such obligor’s obligations owing under any Instrument, Chattel Paper, or contract that is pledged hereunder or with respect to which a security interest in such Grantor’s rights in such Instrument,
Chattel Paper, or contract is granted hereunder; 
 (xiii) any and all guaranties given by any Person for the
benefit of such Grantor which guarantees the obligations of an obligor under any instrument, chattel paper, or contract, which are pledged hereunder; and 
 (xiv) all of such Grantor’s other property and rights of every kind and description and interests therein, including without limitation, all other “Accounts”, “Certificated
Securities”, “Chattel Paper”, “Commodity Accounts”, “Commodity Contracts”, “Deposit Accounts”, “Documents”, “Equipment”,
“Fixtures”, “General Intangibles”, “Goods”, “Instruments”, “Inventory”, “Investment Property”, “Letters of Credit”,
“Money”, “Payment Intangibles”, “Proceeds”, “Securities”, “Securities Account”, “Security Entitlements”, “Supporting Obligations”
and “Uncertificated Securities” as each such terms are defined in the UCC; 
 (b) Notwithstanding anything to
the contrary contained in Section 2(a) and other than to the extent set forth in this Section 2(b), the following property shall be excluded from the lien and security interest granted hereunder (and shall, as applicable, not be included
as “Accounts”, “Certificated Securities”, “Chattel Paper”, “Collateral”, “Commodity Accounts”, “Commodity Contracts”, “Deposit Accounts”,
“Documents”, “Equipment”, “Fixtures”, “General Intangibles”, “Goods”, “Instruments”, “Inventory”, “Investment
Property”, “Money”, “Payment Intangibles”, “Proceeds”, “Securities”, “Securities Account”, “Security Entitlements”, “Supporting Obligations”
or “Uncertificated Securities” for purposes of this Agreement) (collectively, the “Excluded Collateral”): 
 (i) commercial tort claims; 
 (ii) letter of credit rights;

 (iii) Excluded Contracts; 

(iv) Excluded JV Equity Interests; 

(v) Excluded Governmental Approvals; 

(vi) Excluded PMSI Collateral; 
 (vii) Excluded Real Property; and 

  
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 (viii) Excluded Foreign Stock; 

provided, however, that (x) the exclusion from the Lien and security interest granted by any Grantor hereunder of any Excluded
Collateral shall not limit, restrict or impair the grant by such Grantor of the Lien and security interest in any accounts or receivables arising under any such Excluded Collateral or any payments due or to become due thereunder unless the
conditions in effect which qualify such Property as Excluded Collateral applies with respect to such accounts and receivables and (y) any proceeds received by any Grantor from the sale, transfer or other disposition of Excluded Collateral shall
constitute Collateral unless the conditions in effect which qualify such Property as an Excluded Collateral applies with respect to such proceeds. 
 SECTION 2.2. Security for Obligations. 
 (i) This Security Agreement, and
the Collateral in which the Administrative Agent for the benefit of the Secured Parties is granted a security interest hereunder by each Grantor, secures the prompt and payment in full in cash and performance of all Secured Obligations (as defined
in the Credit Agreement) of each other Grantor and each other Credit Party now or hereafter existing, whether for principal, interest, costs, fees, expenses or otherwise, howsoever created, arising or evidenced, whether direct or indirect, primary
or secondary, fixed or absolute or contingent, joint or several, or now or hereafter existing under this Security Agreement and each other Credit Document to which it is or may become a party (all such Secured Obligations being the “Secured
Obligations”). 
 (ii) Notwithstanding anything contained herein to the contrary, it is the intention of each Grantor,
the Administrative Agent and the other Secured Parties that the amount of the Secured Obligation secured by each Grantor’s interests in any of its Property shall be in, but not in excess of, the maximum amount permitted by fraudulent
conveyance, fraudulent transfer and other similar law, rule or regulation of any Governmental Authority applicable to such Grantor. Accordingly, notwithstanding anything to the contrary contained in this Security Agreement or in any other agreement
or instrument executed in connection with the payment of any of the Secured Obligations, the amount of the Secured Obligations secured by each Grantor’s interests in any of its Property pursuant to this Security Agreement shall be limited to an
aggregate amount equal to the largest amount that would not render such Grantor’s obligations hereunder or the Liens and security interest granted to the Administrative Agent hereunder subject to avoidance under Section 548 of the United
States Bankruptcy Code or any comparable provision of any other applicable law. 
 SECTION 2.3. Continuing Security
Interest; Transfer of Advances; Reinstatement. This Security Agreement shall create continuing security interests in the Collateral and shall (a) except as otherwise provided in the Credit Agreement, remain in full force and
effect until the Termination Date, (b) be binding upon each Grantor and its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the
Administrative Agent and each other Secured Party and its respective permitted successors, transferees and assigns, subject to the limitations as set forth in the Credit Agreement. Without limiting the generality of the foregoing clause (c),
any Lender may assign or otherwise transfer (in whole or in part) any Note or any Advance held by it as provided in Section 9.7 of the Credit Agreement, and any successor or assignee thereof shall thereupon become vested with all the
rights and benefits in respect thereof granted to such Secured Party under any Credit Document (including this Security Agreement), or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and as applicable to the
provisions of Section 9.7 and Article 8 of the Credit Agreement. If at any time all or any part of any payment theretofore applied by the Administrative Agent or any other Secured Party to any of the Secured Obligations is or
must be rescinded or returned by the Administrative Agent or any such Secured Party for any reason whatsoever (including, without limitation, the insolvency, bankruptcy, reorganization or 

  
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other similar proceeding of any Grantor or any other Person), such Secured Obligations shall, for purposes of this Security Agreement, to the extent that such payment is or must be rescinded or
returned, be deemed to have continued to be in existence, notwithstanding any application by the Administrative Agent or such Secured Party or any termination agreement or release provided to any Grantor, and this Security Agreement shall continue
to be effective or reinstated, as the case may be, as to such Secured Obligations, all as though such application by the Administrative Agent or such Secured Party had not been made. 

SECTION 2.4. Grantors Remain Liable. Anything herein to the contrary notwithstanding, (a) each Grantor shall remain liable
under the contracts and agreements included in the Collateral to the extent set forth therein, and will perform all of its duties and obligations under such contracts and agreements to the same extent as if this Security Agreement had not been
executed, (b) the exercise by the Administrative Agent of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under any such contracts or agreements included in the Collateral, and (c) neither
the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts or agreements included in the Collateral by reason of this Security Agreement, nor shall the Administrative Agent nor any Secured Party
be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. 
 SECTION 2.5. Delivery of Pledged Property; Instruments and Tangible Chattel Paper. Other than as provided in the last sentence of Section 4.5 below, all certificates or instruments
representing or evidencing (i) all Pledged Shares, Pledged Interests and Pledged Notes and (ii) other Collateral consisting of Instruments and Tangible Chattel Paper individually, or collectively, evidencing amounts payable in excess of
$2,000,000, shall be delivered to and held by or on behalf of (or in the case of the Pledged Notes, endorsed to the order of) the Administrative Agent pursuant hereto, shall be in suitable form for transfer by delivery, and shall be accompanied by
all necessary endorsements or instruments of transfer or assignment, duly executed in blank. 
 SECTION 2.6. Distributions on
Pledged Shares. In the event that any Distribution with respect to any Pledged Shares or Pledged Interests pledged hereunder is permitted to be paid (in accordance with Section 6.9 of the Credit Agreement), such Distribution or
payment may be paid directly to the applicable Grantor. If any Distribution is made in contravention of Section 6.9 of the Credit Agreement, the applicable Grantor shall hold the same segregated and in trust for the Administrative Agent
until paid to the Administrative Agent in accordance with Section 4.1(e). 
 SECTION 2.7. Security Interest
Absolute, etc. This Security Agreement shall in all respects be a continuing, absolute, unconditional and irrevocable grant of security interest, and shall remain in full force and effect until the Termination Date. All rights of the Secured
Parties and the security interests granted to the Administrative Agent (for its benefit and the ratable benefit of each other Secured Party) hereunder, and all obligations of each Grantor hereunder, shall, in each case, be absolute, unconditional
and irrevocable irrespective of (a) any lack of validity, legality or enforceability of any Credit Document, (b) the failure of any Secured Party (i) to assert any claim or demand or to enforce any right or remedy against any Grantor
or any other Person under the provisions of any Credit Document or otherwise, or (ii) to exercise any right or remedy against any other guarantor of, or collateral securing, any Secured Obligations, (c) any change in the time, manner or
place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other extension, compromise or renewal of any Secured Obligations, (d) any reduction, limitation, impairment or termination of any Secured
Obligations (except in the case of the occurrence of the Termination Date) for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to (and each Grantor hereby waives any right to or claim
of) any defense or setoff, counterclaim, recoupment or termination whatsoever by 

  
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reason of the invalidity, illegality, nongenuineness, irregularity, compromise, unenforceability of, or any other event or occurrence affecting, any Secured Obligations or otherwise, (e) any
amendment to, rescission, waiver, or other modification of, or any consent to or departure from, any of the terms of any Credit Document, (f) any addition, exchange or release of any Collateral of the Secured Obligations, or any surrender or
non-perfection of any collateral, or any amendment to or waiver or release or addition to, or consent to or departure from, any other guaranty held by any Secured Party securing any of the Secured Obligations, or (g) any other circumstance
which might otherwise constitute a defense available to, or a legal or equitable discharge of, any Grantor or any other Credit Party, any surety or any guarantor. 
 SECTION 2.8. Waiver of Subrogation. Until 91 days after the Termination Date, each Grantor hereby irrevocably waives any claim or other rights which it may now or hereafter acquire against any
Credit Party that arise from the existence, payment, performance or enforcement of such Grantor’s obligations under this Security Agreement or any other Credit Document, including any right of subrogation, reimbursement, exoneration or
indemnification, any right to participate in any claim or remedy of any Secured Party against any Credit Party or any collateral which any Secured Party now has or hereafter acquires, whether or not such claim, remedy or right arises in equity, or
under contract, statute or common law, including the right to take or receive from any Credit Party, directly or indirectly, in cash or other property or by set-off or in any manner, payment or security on account of such claim or other rights. If
any amount shall be paid to any Grantor in violation of the preceding sentence and the Termination Date shall not have occurred, then such amount shall be deemed to have been paid to such Grantor for the benefit of, and held in trust for, the
Administrative Agent (on behalf of the Secured Parties), and shall forthwith be paid to the Administrative Agent to be credited and applied upon the Secured Obligations, whether matured or unmatured. Each Grantor acknowledges that it will receive
direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that the waiver set forth in this Section 2.8 is knowingly made in contemplation of such benefits. 

SECTION 2.9. Election of Remedies. Except as otherwise provided in the Credit Agreement, if any Secured Party may, under
applicable law, proceed to realize its benefits under any of this Security Agreement or the other Credit Documents giving any Secured Party a Lien upon any Collateral, either by judicial foreclosure or by non-judicial sale or enforcement, such
Secured Party may, at its sole option, determine which of its remedies or rights it may pursue without affecting any of its rights and remedies under this Security Agreement. If, in the exercise of any of its rights and remedies, any Secured Party
shall forfeit any of its rights or remedies, including its right to enter a deficiency judgment against any Credit Party or any other Person, whether because of any applicable laws pertaining to “election of remedies” or the like, each
Grantor hereby consents to such action by such Secured Party and waives any claim based upon such action, even if such action by such Secured Party shall result in a full or partial loss of any rights of subrogation that such Grantor might otherwise
have had but for such action by such Secured Party. 
 ARTICLE III 

REPRESENTATIONS AND WARRANTIES 
 In order to induce the Secured Parties to enter into the Credit Agreement and make Advances thereunder and for the Issuing Lenders to issue Letters of Credit thereunder (or be deemed to have issued
Existing Letters of Credit), and to induce the Secured Parties to enter into Hedging Arrangements and Banking Services, each Grantor represents and warrants unto each Secured Party as set forth in this Article. 

SECTION 3.1. [Reserved]. 

  
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 SECTION 3.2. Ownership, No Liens, etc. Such Grantor is the legal and beneficial owner
of, and has title to (and has full right and authority to pledge, grant and assign) the Collateral, free and clear of all Liens, except for any Lien that is a Permitted Lien. No effective UCC financing statement or other filing similar in effect
covering all or any part of the Collateral is on file in any recording office, except those filed in favor of the Administrative Agent relating to this Security Agreement, Permitted Liens or as to which a duly authorized termination statement
relating to such UCC financing statement or other instrument has been delivered to the Administrative Agent on the Effective Date. This Security Agreement creates a valid security interest in the Collateral, securing the payment of the Secured
Obligations, and, except for the proper filing of the applicable filing statements with the filing offices listed on Item A-1 of Schedule II attached hereto, all filings and other actions necessary to perfect and protect such security
interest in the Collateral (other than, as to perfection, Excluded Perfection Collateral) have been duly taken and, subject to Permitted Liens, such security interest shall be a first priority security interest. 

SECTION 3.3. As to Equity Interests of the Subsidiaries, Investment Property. 

(a) With respect to the Pledged Shares, all such Pledged Shares are duly authorized and validly issued, fully paid and non-assessable,
and represented by a certificate. 
 (b) With respect to the Pledged Interests, no such Pledged Interests (i) are dealt in
or traded on securities exchanges or in securities markets, or (ii) are held in a Securities Account, except, with respect to this clause (b), Pledged Interests (A) for which the Administrative Agent is the registered owner or
(B) with respect to which the Pledged Interests Issuer has agreed in an authenticated record with such Grantor and the Administrative Agent to comply with any instructions of the Administrative Agent without the consent of such Grantor.

 (c) Such Grantor has delivered all Certificated Securities constituting Collateral held by such Grantor on the Effective Date
to the Administrative Agent, together with duly executed undated blank stock powers, or other equivalent instruments of transfer reasonably acceptable to the Administrative Agent. 

(d) With respect to Uncertificated Securities constituting Collateral owned by such Grantor on the Effective Date, such Grantor has
caused the Pledged Interests Issuer or other issuer thereof either (i) to register the Administrative Agent as the registered owner of such security, or (ii) to agree in an authenticated record with such Grantor and the Administrative
Agent that such Pledged Interests Issuer or other issuer will comply with instructions with respect to such security originated by the Administrative Agent without further consent of such Grantor. 

(e) The percentage of the issued and outstanding Pledged Shares and Pledged Interests of each Pledged Interests Issuer pledged by such
Grantor hereunder is as set forth on Schedule I and the percentage of the total membership, partnership and/or other Equity Interests in the Pledged Interests Issuer is indicated on Schedule I. All of the Pledged Shares and Pledged
Interests constitute one hundred percent (100%) of such Grantor’s interest in the applicable Pledged Interests Issuer, except in the case of the Pledged Shares and Pledged Interests that are issued by First-Tier Foreign Subsidiaries with
respect to which such Grantor has pledged up to sixty-six percent (66%) of the outstanding Equity Interest issued by such First-Tier Foreign Subsidiaries as indicated on Schedule I. 

(f) There are no outstanding rights, rights to subscribe, options, warrants or convertible securities outstanding or any other rights
outstanding whereby any Person would be entitled to acquire shares, member interests or units of any Pledged Interests Issuer other than (i) as to Pledged Interests Issuers that are not Wholly Owned Subsidiaries or (ii) such rights that
constitute Collateral. 

  
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 (g) In the case of each Pledged Note made by a Subsidiary of the Borrower, all of such
Pledged Notes have been duly authorized, executed, endorsed, issued and delivered, and are the legal, valid and binding obligation of the issuers thereof, and are not in default. 

SECTION 3.4. Grantor’s Name, Location, etc. 
 (a) Other than as otherwise permitted pursuant to any Credit Document, (i) the jurisdiction in which such Grantor is located for purposes of Sections 9-301 and 9-307 of the UCC is set forth in
Item A-1 of Schedule II hereto, (ii) the place of business of such Grantor or, if such Grantor has more than one place of business, the chief executive office of such Grantor and the office where such Grantor keeps its records
concerning the Receivables, is set forth in Item A-2 of Schedule II hereto, and (iii) such Grantor’s federal taxpayer identification number is set forth in Item A-3 of Schedule II hereto. 

(b) Within the past five years, such Grantor has not been known by any legal name different from the one set forth on the signature page
hereto, nor has such Grantor been the subject of any merger or other corporate reorganization, except as set forth in Item B of Schedule II hereto. 
 (c) [Reserved.] 
 (d) None of the Receivables in excess of $2,000,000 is evidenced
by a promissory note or other instrument other than a promissory note or instrument that has been delivered to the Administrative Agent (with appropriate endorsements). 
 (e) The name set forth on the signature page attached hereto is the true and correct legal name (as defined in the UCC) of such Grantor. 

(f) Such Grantor has not consented to, and is otherwise unaware of, any Person (other than, if applicable, the Administrative Agent
pursuant to Section 4.3(b) or Section 4.1(b)(i) hereof) having control (within the meaning of Section 9-104 or Section 8-106 of the UCC) over any Collateral, or any other interest in any of such Grantor’s rights in respect
thereof other than as to Liens permitted under Section 6.2(h) of the Credit Agreement. 
 SECTION 3.5. Possession of
Inventory. Such Grantor has exclusive possession and control, subject to Permitted Liens, of the Equipment and Inventory, except as otherwise required, necessary or customary in the ordinary course of its business. 

SECTION 3.6. Pledged Property, Instruments and Tangible Chattel Paper. Such Grantor has, contemporaneously herewith, delivered to
the Administrative Agent possession of all originals of all certificates or instruments representing or evidencing (i) any Pledged Shares, Pledged Interests and Pledged Notes, and (ii) other Collateral consisting of Instruments and
Tangible Chattel Paper individually, or collectively, evidencing amounts payable in excess of $2,000,000, owned or held by such Grantor (duly endorsed, in blank, if requested by the Administrative Agent). 

SECTION 3.7. Intellectual Property Collateral. Such Grantor represents that except for any Patent Collateral, Trademark
Collateral, and Copyright Collateral specified in Item A, Item B and Item C, respectively, of Schedule III hereto, and any and all Trade Secrets Collateral, as of the date hereof, such Grantor does not own and has no
interests in any other Intellectual Property Collateral material to the operations or business of such Grantor, other than the Computer Hardware and Software Collateral. Such Grantor further represents and warrants that, with respect to all
Intellectual Property Collateral material to the conduct of such Grantor’s business (a) such Intellectual Property Collateral is valid, subsisting, unexpired and enforceable and has not been abandoned or adjudged invalid or unenforceable,
in whole or 

  
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in part, (b) such Grantor is the sole and exclusive owner of the right, title and interest in and to such Intellectual Property Collateral, subject to Permitted Liens, and, to such
Grantor’s knowledge, no claim has been made that the use of such Intellectual Property Collateral does or may, conflict with, infringe, misappropriate, dilute, misuse or otherwise violate any of the rights of any third party in any material
respects, (c) such Grantor has made all necessary filings and recordations to protect its interest in such Intellectual Property Collateral, including recordations of any of its interests in the Patent Collateral and Trademark Collateral in the
United States Patent and Trademark Office and, if requested by the Administrative Agent, in corresponding offices throughout the world, and its claims to the Copyright Collateral in the United States Copyright Office and, if requested by the
Administrative Agent, in corresponding offices throughout the world, (d) such Grantor has taken all reasonable steps to safeguard its material Trade Secrets and to its knowledge none of such Trade Secrets of such Grantor has been used,
divulged, disclosed or appropriated for the benefit of any other Person other than such Grantor, the Borrower or any Subsidiary thereof, (e) to such Grantor’s knowledge, no third party is infringing upon any such Intellectual Property
Collateral owned or used by such Grantor in any material respect, or any of its respective licensees, (f) no settlement or consents, covenants not to sue, nonassertion assurances, or releases have been entered into by such Grantor or to which
such Grantor is bound that adversely affects its rights to own or use any such Intellectual Property Collateral, and (g) the consummation of the transactions contemplated by the Credit Agreement and this Security Agreement will not result in
the termination or material impairment of any material portion of such Intellectual Property Collateral. 
 SECTION 3.8.
Authorization, Approval, etc. Except as have been obtained or made and are in full force and effect, no Governmental Approval, authorization, approval or other action by, and no notice to or filing with, any Governmental Authority or any
other third party is required either (a) for the grant by such Grantor of the security interest granted hereby, (b) except with respect to Excluded Perfection Collateral, for the perfection or maintenance of the security interests
hereunder including the first priority (subject to Permitted Liens) nature of such security interest (except with respect to the financing statements or, with respect to Intellectual Property Collateral, the recordation of any agreements with the
U.S. Patent and Trademark Office or the U.S. Copyright Office) or the exercise by the Administrative Agent of its rights and remedies hereunder, or (c) for the exercise by the Administrative Agent of the voting or other rights provided for in
this Security Agreement, except (i) with respect to any Pledged Shares or Pledged Interests, as may be required in connection with a disposition of such Pledged Shares or Pledged Interests by laws affecting the offering and sale of securities
generally, the remedies in respect of the Collateral pursuant to this Security Agreement and (ii) any “change of control” or similar filings required by state licensing agencies. 

SECTION 3.9. Best Interests. It is in the best interests of each Grantor to execute this Security Agreement in as much as such
Grantor will, as a result of being the Borrower, or a Restricted Subsidiary of the Borrower, derive substantial direct and indirect benefits from (a) the Advances and other extensions of credit (including Letters of Credit) made from time to
time to the Borrower or any other Grantor by the Lenders and the Issuing Lenders pursuant to the Credit Agreement, (b) the Hedging Arrangements entered into with the Swap Counterparties, and (c) the Banking Services provided by the Lenders
or their Affiliates, and each Grantor agrees that the Secured Parties are relying on this representation in agreeing to make such Advances and other extensions of credit pursuant to the Credit Agreement to the Borrower. Furthermore, such extensions
of credit, Hedging Arrangements and Banking Services are (i) in furtherance of each Grantor’s corporate purposes, and (ii) necessary or convenient to the conduct, promotion or attainment of each Grantor’s business. 

  
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 ARTICLE IV 
 COVENANTS 
 Each Grantor covenants and agrees that, until the Termination Date, it
will perform, comply with and be bound by the obligations set forth below. 
 SECTION 4.1. As to Investment Property,
etc. 
 (a) Equity Interests of Subsidiaries. No Grantor shall allow or permit any of its Subsidiaries (i) that
is a corporation, business trust, joint stock company or similar Person, to issue Uncertificated Securities, unless such Person promptly takes the actions set forth in Section 4.1(b)(ii) with respect to any such Uncertificated
Securities, (ii) that is a partnership or limited liability company, to (A) issue Equity Interests that are to be dealt in or traded on securities exchanges or in securities markets, (B) amend its organizational documents to expressly
provide that its Equity Interests are securities governed by Article 8 of the UCC, or (C) place such Subsidiary’s Equity Interests in a Securities Account, unless such Person promptly takes the actions set forth in
Section 4.1(b)(ii) with respect to any such Equity Interests, and (iii) to issue Equity Interests in addition to or in substitution for the Pledged Property or any other Equity Interests pledged hereunder, except for additional
Equity Interests issued to such Grantor; provided that (A) such Equity Interests are pledged and delivered to the Administrative Agent within 10 Business Days, and (B) such Grantor delivers a supplement to Schedule I to the
Administrative Agent identifying such new Equity Interests as Pledged Property, in each case pursuant to the terms of this Security Agreement. No Grantor shall permit any of its Subsidiaries to issue any warrants, options, contracts or other
commitments or other securities that are convertible to any of the foregoing (except as to Equity Interests issued by Subsidiaries that are not Wholly-Owned) or that entitle any Person to purchase any of the foregoing, and except for this Security
Agreement or any other Credit Document, shall not, and shall not permit any of its Subsidiaries to, enter into any agreement creating any restriction or condition upon the transfer, voting or control of any Pledged Property. 

(b) Investment Property (other than Certificated Securities). 

(i) With respect to any Deposit Accounts, Securities Accounts, Commodity Accounts, Commodity Contracts or Security
Entitlements constituting Investment Property owned or held by any Grantor, such Grantor will, following (A) the occurrence and continuance of an Event of Default and (B) the request of the Administrative Agent, either (1) cause the
intermediary maintaining such Investment Property to execute a Control Agreement relating to such Investment Property pursuant to which such intermediary agrees to comply with the Administrative Agent’s instructions with respect to such
Investment Property without further consent by such Grantor, or (2) transfer such Investment Property to intermediaries that have or will agree to execute such Control Agreements. 

(ii) With respect to any Uncertificated Securities or Security Entitlement (other than Uncertificated Securities or
Security Entitlements credited to a Securities Account) owned or held by any Grantor, such Grantor will (y) cause the Pledged Interests Issuer or other issuer of such securities to either (A) register the Administrative Agent as the
registered owner thereof on the books and records of the issuer, or (B) execute a Control Agreement relating to such Investment Property pursuant to which the Pledged Interests Issuer or other issuer agrees to comply with the Administrative
Agent’s instructions with respect to such Uncertificated Securities without further consent by such Grantor following the occurrence and during the continuance of an Event of Default, and (z) take and cause the appropriate Person
(including any issuer, entitlement holder or securities intermediary thereof) to take all other actions necessary to 

  
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grant “control” (as defined in 8-106 of the UCC) to the Administrative Agent (for the ratable benefit of the Secured Parties) over such Collateral. 

(c) Certificated Securities (Stock Powers). Each Grantor agrees that all Pledged Shares (and all other certificated shares of
Equity Interests constituting Collateral) delivered by such Grantor pursuant to this Security Agreement will be accompanied by duly endorsed undated blank stock powers, or other equivalent instruments of transfer reasonably acceptable to the
Administrative Agent. Each Grantor will, from time to time upon the reasonable request of the Administrative Agent, promptly deliver to the Administrative Agent such stock powers, instruments and similar documents, reasonably satisfactory in form
and substance to the Administrative Agent, with respect to the Collateral and will, from time to time upon the request of the Administrative Agent during the continuance of any Event of Default, promptly transfer any Pledged Shares, Pledged
Interests or other shares of Equity Interests constituting Collateral into the name of any nominee designated by the Administrative Agent. 
 (d) Continuous Pledge. Each Grantor will (subject to the terms of the Credit Agreement and this Agreement) at all times keep pledged to the Administrative Agent pursuant hereto, on a
first-priority, perfected basis all Pledged Property and all Dividends and Distributions with respect thereto, and all Proceeds and rights from time to time received by or distributable to such Grantor in respect of any of the foregoing Collateral
(other than, as to perfection, Excluded Perfection Collateral). Each Grantor agrees that it will, no later than ten (10) Business Days following receipt thereof, deliver to the Administrative Agent possession of all originals of Pledged
Property that it acquires following the Effective Date and shall deliver to the Administrative Agent a supplement to Schedule I identifying any such new Pledged Property. 
 (e) Voting Rights; Dividends, etc. Each Grantor agrees: 

(i) that promptly upon receipt of notice of the occurrence and continuance of an Event of Default from the Administrative
Agent and without any request therefor by the Administrative Agent, so long as such Event of Default shall continue, to deliver (properly endorsed where required hereby or requested by the Administrative Agent) to the Administrative Agent all
Distributions with respect to Investment Property, all interest principal and other cash payments on Payment Intangibles, the Pledged Property and all Proceeds of the Pledged Property or any other Collateral, in case thereafter received by such
Grantor, all of which shall be held by the Administrative Agent as additional Collateral; and 
 (ii) if an Event
of Default shall have occurred and be continuing and the Administrative Agent has notified such Grantor of the Administrative Agent’s intention to exercise its voting power under this Section 4.1(e)(ii), 

(A) the Administrative Agent may exercise (to the exclusion of such Grantor) the voting power and all other incidental
rights of ownership with respect to any Pledged Shares, Investment Property or other Equity Interests constituting Collateral. EACH GRANTOR HEREBY GRANTS THE ADMINISTRATIVE AGENT AN IRREVOCABLE PROXY (WHICH IRREVOCABLE PROXY SHALL CONTINUE IN
EFFECT UNTIL SUCH DEFAULT SHALL HAVE BEEN CURED OR WAIVED) EXERCISABLE UNDER SUCH CIRCUMSTANCES, TO VOTE THE PLEDGED SHARES, PLEDGED INTERESTS, INVESTMENT PROPERTY AND SUCH OTHER COLLATERAL; AND 

  
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 (B) promptly to deliver to the Administrative Agent such additional proxies
and other documents as may be necessary to allow the Administrative Agent to exercise such voting power. 
 All Distributions, interest,
principal, cash payments, Payment Intangibles and Proceeds that may at any time and from time to time be held by any Grantor but which such Grantor is then obligated to deliver to the Administrative Agent, shall, until delivery to the Administrative
Agent, be held by such Grantor separate and apart from its other property in trust for the Administrative Agent. The Administrative Agent agrees that unless an Event of Default shall have occurred and be continuing and the Administrative Agent shall
have given the notice referred to in Section 4.1 (e), each Grantor shall be entitled to receive and retain all Distributions and shall have the exclusive voting power, and is granted a proxy, with respect to any Equity Interests
(including any of the Pledged Shares) constituting Collateral. Administrative Agent shall, upon the written request of any Grantor, promptly deliver such proxies and other documents, if any, as shall be reasonably requested by such Grantor which are
necessary to allow such Grantor to exercise that voting power with respect to any such Equity Interests (including any of the Pledged Shares) constituting Collateral; provided, however, that no vote shall be cast, or consent, waiver,
or ratification given, or action taken by such Grantor that would violate any provision of the Credit Agreement or any other Credit Document (including this Security Agreement). 

SECTION 4.2. [Reserved]. 
 SECTION 4.3. As to Accounts. 
 (a) Each Grantor shall have the right to
collect all Accounts so long as no Event of Default shall have occurred and be continuing. 
 (b) Upon (i) the occurrence
and continuance of an Event of Default and (ii) the delivery of notice by the Administrative Agent to each Grantor, all Proceeds of Collateral received by any Grantor shall be delivered in kind to the Administrative Agent for deposit in a
Deposit Account of such Grantor (A) maintained with the Administrative Agent or (B) maintained at a depositary bank other than the Administrative Agent to which such Grantor, the Administrative Agent and the depositary bank have entered
into a Control Agreement in form and substance acceptable to the Administrative Agent in its sole discretion providing that the depositary bank will comply with the instructions originated by the Administrative Agent directing disposition of the
funds in the account without further consent by such Grantor (any such Deposit Accounts, together with any other Accounts pursuant to which any portion of the Collateral is deposited with the Administrative Agent, a “Collateral
Account,” and collectively, the “Collateral Accounts”), and such Grantor shall not commingle any such Proceeds, and shall hold separate and apart from all other property, all such Proceeds in express trust for the benefit
of the Administrative Agent until delivery thereof is made to the Administrative Agent. 
 (c) Following the delivery of notice
pursuant to clause (b)(ii) during the continuance of an Event of Default, the Administrative Agent shall have the right to apply any amount in the Collateral Account to the payment of any Secured Obligations which are due and payable or in
accordance with Section 7.6 of the Credit Agreement. 
 (d) With respect to each of the Collateral Accounts, it is hereby
confirmed and agreed that (i) deposits in such Collateral Account are subject to a security interest as contemplated hereby, (ii) such Collateral Account shall be under the control of the Administrative Agent after the occurrence and
during the continuance of an Event of Default (unless otherwise agreed to by the Borrower and the Majority Lenders), and (iii) the Administrative Agent shall have the sole right of 

  
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withdrawal over such Collateral Account; provided that such withdrawals shall only be made during the existence of an Event of Default. 

(e) No Grantor shall adjust, settle, or compromise the amount or payment of any Receivable, nor release wholly or partly any account
debtor or obligor thereof, nor allow any credit or discount thereon; provided that, a Grantor may make such adjustments, settlements or compromises and release wholly or partly any account debtor or obligor thereof and allow any credit or discounts
thereon so long as (i) such action is taken in the ordinary course of business, and (ii) such action is, in such Grantor’s good faith business judgment, advisable. 

SECTION 4.4. As to Grantor’s Use of Collateral. 
 (a) Subject to clause (b), each Grantor (i) may in the ordinary course of its business, at its own expense, sell, lease or furnish under the contracts of service any of the Inventory held by
such Grantor for such purpose, and use and consume any raw materials, work in process or materials held by such Grantor for such purpose, (ii) following the occurrence and during the continuance of an Event of Default, shall, at its own
expense, endeavor to collect, as and when due, all amounts due with respect to any of the Collateral, including the taking of such action with respect to such collection as the Administrative Agent may request or, in the absence of such request, as
such Grantor may deem advisable, and (iii) may grant, in the ordinary course of business, to any party obligated on any of the Collateral, any rebate, refund or allowance to which such party may be lawfully entitled, and may accept, in
connection therewith, the return of Goods, the sale or lease of which shall have given rise to such Collateral. 
 (b) At any
time following the occurrence and during the continuance of an Event of Default, whether before or after the maturity of any of the Secured Obligations, the Administrative Agent may (i) revoke any or all of the rights of any Grantor set forth
in clause (a), (ii) notify any parties obligated on any of the Collateral to make payment to the Administrative Agent of any amounts due or to become due thereunder, and (iii) enforce collection of any of the Collateral by suit or
otherwise and surrender, release, or exchange all or any part thereof, or compromise or extend or renew for any period (whether or not longer than the original period) any indebtedness thereunder or evidenced thereby. 

(c) Upon request of the Administrative Agent following the occurrence and during the continuance of an Event of Default, each Grantor
will, at its own expense, notify any parties obligated on any of the Collateral to make payment to the Administrative Agent of any amounts due or to become due thereunder. 
 (d) At any time following the occurrence and during the continuation of an Event of Default, the Administrative Agent may endorse, in the name of the applicable Grantor, any item, howsoever received by
the Administrative Agent, representing any payment on or other Proceeds of any of the Collateral. 
 SECTION 4.5. As to
Equipment and Inventory and Goods. Upon the occurrence and during the continuance of an Event of Default and if requested by the Administrative Agent, each Grantor agrees to take such action (or cause its Restricted Subsidiaries that are also
Credit Parties to take such action), including endorsing certificates of title or executing applications for transfer of title, as is reasonably required by the Administrative Agent to enable it to properly perfect and protect its Lien on all
Certificated Equipment and to transfer the same. Each Grantor agrees to take such action (or cause its Restricted Subsidiaries that are also Credit Parties to take such action) as is reasonably requested by the Administrative Agent to enable it to
properly perfect and protect its Lien on Equipment and Inventory and Goods (other than, as to perfection, Excluded Perfection Collateral) that such Grantor has transferred 

  
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from a jurisdiction within the United States of America or its offshore waters to a jurisdiction outside of the United States of America or its offshore waters. 

SECTION 4.6. As to Intellectual Property Collateral. Each Grantor covenants and agrees to comply with the following provisions as
such provisions relate to any Intellectual Property Collateral material to the operations or business of such Grantor: 
 (a)
such Grantor will not (i) do or fail to perform any act whereby any such Patent Collateral may lapse or become abandoned or dedicated to the public or unenforceable, (ii) permit any of its licensees to (A) fail to continue to use any
of such Trademark Collateral in order to maintain all of such Trademark Collateral in full force free from any claim of abandonment for non-use, (B) fail to employ all of such Trademark Collateral registered with any federal or state, or if
requested by the Administrative Agent, foreign authority with an appropriate notice of such registration, (C) knowingly adopt or use any other Trademark which is confusingly similar or a colorable imitation of any such Trademark Collateral,
(D) use any such Trademark Collateral registered with any federal, state or if requested by the Administrative Agent, foreign authority except for the uses for which registration or application for registration of all of the Trademark
Collateral has been made, or (E) do or permit any act or knowingly omit to do any act whereby any such Trademark Collateral may lapse or become invalid or unenforceable, or (iii) do or permit any act or knowingly omit to do any act whereby
any such Copyright Collateral or any such Trade Secrets Collateral may lapse or become invalid or unenforceable or placed in the public domain except upon expiration of the end of an unrenewable term of a registration thereof, unless, in the case of
any of the foregoing requirements in clauses (i), (ii) and (iii), such Grantor shall reasonably and in good faith determine that any of such Intellectual Property Collateral is of immaterial economic value to such Grantor;

 (b) such Grantor shall promptly notify the Administrative Agent if it knows that any application or registration relating to
any material item of such Intellectual Property Collateral may become abandoned or dedicated to the public or placed in the public domain or invalid or unenforceable, or of any adverse determination or development (including the institution of, or
any such determination or development in, any proceeding in the United States Patent and Trademark Office, the United States Copyright Office or if requested by the Administrative Agent, any foreign counterpart thereof or any court) regarding such
Grantor’s ownership of any such Intellectual Property Collateral, its right to register the same or to keep and maintain and enforce the same; 
 (c) following the filing of an application for the registration of any such material Intellectual Property Collateral with the United States Patent and Trademark Office, the United States Copyright Office
or any similar office or agency in any other country or any political subdivision thereof, such Grantor shall promptly inform the Administrative Agent of the same, and upon reasonable request of the Administrative Agent (subject to the terms of the
Credit Agreement), execute and deliver all agreements, instruments and documents as the Administrative Agent may reasonably request to evidence the Administrative Agent’s security interest in such Intellectual Property Collateral; 

(d) such Grantor will take all necessary steps, including in any proceeding before the United States Patent and Trademark Office, the
United States Copyright Office or (subject to the terms of the Credit Agreement), if requested by the Administrative Agent, any similar office or agency in any other country or any political subdivision thereof, to maintain and pursue any
application (and to obtain the relevant registration) filed with respect to, and to maintain any registration of, each such Intellectual Property Collateral, including the filing of applications for renewal, affidavits of use, affidavits of
incontestability and opposition, interference and cancellation proceedings and the payment of fees and taxes (except to the extent that dedication, abandonment or invalidation is permitted under the foregoing

  
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clause (a) or (b) or to the extent such Grantor shall reasonably and in good faith determine is of immaterial economic value to such Grantor); 

(e) following the obtaining of an interest in any such Intellectual Property by such Grantor, such Grantor shall deliver a supplement to
Schedule II identifying such new Intellectual Property; and 
 (f) following the obtaining of an interest in any such
Intellectual Property by such Grantor or, following the occurrence and during the continuance of an Event of Default, upon the request of the Administrative Agent, such Grantor shall deliver all agreements, instruments and documents the
Administrative Agent may reasonably request to evidence the Administrative Agent’s security interest in such Intellectual Property Collateral and as may otherwise be required to acknowledge or register or perfect the Administrative Agent’s
interest in any part of such item of Intellectual Property Collateral unless such Grantor shall determine in good faith (and if an Event of Default has occurred and is continuing, with the consent of the Administrative Agent) that any Intellectual
Property Collateral is of immaterial economic value to such Grantor. 
 SECTION 4.7. As to Electronic Chattel Paper and
Transferable Records. If any Grantor at any time holds or acquires an interest in any electronic chattel paper or any “transferable record,” as that term is defined in Section 201 of the U.S. Federal Electronic Signatures in
Global and National Commerce Act, or in Section 16 of the U.S. Uniform Electronic Transactions Act as in effect in any relevant jurisdiction, with a value in excess of $2,000,000, such Grantor shall promptly notify the Administrative Agent
thereof and, at the reasonable request of the Administrative Agent, shall take such action as the Administrative Agent may reasonably request to vest in the Administrative Agent control (for the ratable benefit of Secured Parties) under
Section 9-105 of the UCC of such electronic chattel paper or control under Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or, as the case may be, Section 16 of the Uniform Electronic Transactions
Act, as so in effect in such jurisdiction, of such transferable record. The Administrative Agent agrees with each Grantor that the Administrative Agent will arrange, pursuant to procedures reasonably satisfactory to the Administrative Agent and so
long as such procedures will not result in the Administrative Agent’s loss of control, for such Grantor to make alterations to the electronic chattel paper or transferable record permitted under Section 9-105 of the UCC or, as the case may
be, Section 201 of the U.S. Federal Electronic Signatures in Global and National Commerce Act or Section 16 of the U.S. Uniform Electronic Transactions Act for a party in control to allow without loss of control, unless an Event of Default
has occurred and is continuing or would occur after taking into account any action by such Grantor with respect to such electronic chattel paper or transferable record. 
 SECTION 4.8. As to Certificated Equipment. Until the Administrative Agent exercises remedies upon the occurrence and during the continuance of an Event of Default and following the request of the
Administrative Agent, the certificates of title with respect to Certificated Equipment shall be maintained at the applicable Grantor’s offices. 
 SECTION 4.9. [Reserved]. 
 SECTION 4.10. [Reserved]. 

SECTION 4.11. Further Assurances, etc. Each Grantor shall warrant and defend the right and title herein granted unto the
Administrative Agent in and to the Collateral (and all right, title and interest represented by the Collateral) against the claims and demands of all Persons whomsoever. Each Grantor agrees that, from time to time at its own expense, it will
promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or that the Administrative 

  
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Agent may reasonably request, in order to perfect, preserve and protect any security interest granted or purported to be granted hereby or to enable the Administrative Agent to exercise and
enforce its rights and remedies hereunder with respect to any Collateral (other than, as to perfection, Excluded Perfection Collateral) subject to the terms hereof. Each Grantor agrees that, upon the acquisition after the date hereof by such Grantor
of any Collateral, with respect to which the security interest granted hereunder is not perfected automatically upon such acquisition, to take such actions with respect to such Collateral (other than, as to perfection, Excluded Perfection
Collateral) or any part thereof as required by the Credit Documents. Without limiting the generality of the foregoing, each Grantor will: 
 (a) from time to time upon the request of the Administrative Agent, promptly deliver to the Administrative Agent such stock powers, instruments and similar documents, reasonably satisfactory in form and
substance to the Administrative Agent, with respect to such Collateral as the Administrative Agent may reasonably request and will, from time to time upon the request of the Administrative Agent, after the occurrence and during the continuance of
any Event of Default, (i) promptly transfer any securities constituting Collateral into the name of any nominee designated by the Administrative Agent and (ii) if any Collateral shall be evidenced by an Instrument, negotiable Document,
promissory note or tangible Chattel Paper, deliver and pledge to the Administrative Agent hereunder such Instrument, negotiable Document, promissory note, Pledged Note or tangible Chattel Paper duly endorsed and accompanied by duly executed
instruments of transfer or assignment, all in form and substance satisfactory to the Administrative Agent; 
 (b) file (and
hereby authorize the Administrative Agent to file) such filing statements or continuation statements, or amendments thereto, and such other instruments or notices (including any assignment of claim form under or pursuant to the federal assignment of
claims statute, 31 U.S.C. § 3726, any successor or amended version thereof or any regulation promulgated under or pursuant to any version thereof), as may be necessary or that the Administrative Agent may reasonably request in order to perfect
and preserve the security interests and other rights granted or purported to be granted to the Administrative Agent hereby; 

(c) [Reserved]; 

(d) [Reserved]; and 
 (e) furnish to the Administrative Agent, from time to time at the Administrative Agent’s reasonable request, statements and schedules further identifying and describing the Collateral and such other
reports in connection with the Collateral as the Administrative Agent may reasonably request, all in reasonable detail. 
 The authorization
contained in Section 4.11 (b) above shall be irrevocable and continuing until the Termination Date. Each Grantor agrees that a carbon, photographic or other reproduction of this Security Agreement or any UCC financing statement
covering the Collateral or any part thereof shall be sufficient as a UCC financing statement where permitted by law. Each Grantor hereby authorizes the Administrative Agent to file financing statements describing as the collateral covered thereby
“all of the debtor’s personal property or assets” or words to that effect, notwithstanding that such wording may be broader in scope than the Collateral described in this Security Agreement. 

  
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 ARTICLE V 
 THE ADMINISTRATIVE AGENT 
 SECTION 5.1. Administrative Agent Appointed
Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Administrative Agent its attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in the
Administrative Agent’s discretion, following the occurrence and during the continuance of an Event of Default, to take any action and to execute any instrument which the Administrative Agent may deem necessary or advisable to accomplish the
purposes of this Security Agreement, including (a) to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral, (b) to
receive, endorse, and collect any drafts or other Instruments, Documents and Chattel Paper, in connection with clause (a) above, (c) to file any claims or take any action or institute any proceedings which the Administrative Agent
may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Administrative Agent with respect to any of the Collateral, and (d) to perform the affirmative obligations of such Grantor
hereunder. EACH GRANTOR HEREBY ACKNOWLEDGES, CONSENTS AND AGREES THAT THE POWER OF ATTORNEY GRANTED PURSUANT TO THIS SECTION 5.1 IS IRREVOCABLE AND COUPLED WITH AN INTEREST AND SHALL BE EFFECTIVE UNTIL THE TERMINATION DATE. 

SECTION 5.2. Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative
Agent may, during the continuance of any Event of Default, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to
Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation
or protection of any of the Collateral or of its security interest therein. 
 SECTION 5.3. Administrative Agent Has No
Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care
of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for (a) ascertaining or taking action with respect to calls,
conversions, exchanges, maturities, tenders or other matters relative to any Investment Property and any other Pledged Property, whether or not the Administrative Agent has or is deemed to have knowledge of such matters, or (b) taking any
necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral. 
 SECTION 5.4.
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, that the Administrative Agent shall be deemed to have exercised
reasonable care in the custody and preservation of any of the Collateral (a) if such Collateral is accorded treatment substantially equal to that which the Administrative Agent accords its own personal property, or (b) if the
Administrative Agent takes such action for that purpose as any Grantor reasonably requests in writing at times other than upon the occurrence and during the continuance of an Event of Default; provided, further, that failure of the
Administrative Agent to comply with any such request at any time shall not in itself be deemed a failure to exercise reasonable care. 

  
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 ARTICLE VI 
 REMEDIES 
 SECTION 6.1. Certain Remedies. If any Event of Default shall
have occurred and be continuing: 
 (a) The Administrative Agent may exercise in respect of the Collateral, in addition to other
rights and remedies provided for herein or otherwise available to it, all the rights and remedies of a secured party on default under the UCC (whether or not the UCC applies to the affected Collateral) and also may (i) take possession of any
Collateral not already in its possession without demand and without legal process, (ii) require any Grantor to, and each Grantor hereby agrees that it will, at its expense and upon request of the Administrative Agent forthwith, assemble all or
part of the Collateral as directed by the Administrative Agent and make it available to the Administrative Agent at a place to be designated by the Administrative Agent that is reasonably convenient to both parties, (iii) subject to applicable
law or agreements with landlords, bailees, or warehousemen, enter onto the property where any Collateral is located and take possession thereof without demand and without legal process, (iv) without notice except as specified below, lease,
license, sell or otherwise dispose of the Collateral or any part thereof in one or more parcels at public or private sale, at any of the Administrative Agent’s offices or elsewhere, for cash, on credit or for future delivery, and upon such
other terms as the Administrative Agent may deem commercially reasonable. Each Grantor agrees that, to the extent notice of sale shall be required by law, at least ten (10) days’ prior notice to the applicable Grantor of the time and place
of any public sale or the time of any private sale is to be made shall constitute reasonable notification; provided, however, that with respect to Collateral that is (x) perishable or threatens to decline speedily in value, or
(y) is of a type customarily sold on a recognized market (including but not limited to, Investment Property), no notice of sale or disposition need be given. For purposes of this Article VI, notice of any intended sale or disposition of
any Collateral may be given by first-class mail, hand-delivery (through a delivery service or otherwise), facsimile or email, and shall be deemed to have been “sent” upon deposit in the U.S. Mails with adequate postage properly affixed,
upon delivery to an express delivery service or upon electronic submission through telephonic or internet services, as applicable. The Administrative Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having
been given. The Administrative Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so
adjourned. 
 (b) Each Grantor agrees and acknowledges that a commercially reasonable disposition of Inventory, Equipment,
Goods, Computer Hardware and Software Collateral, or Intellectual Property may be by lease or license of, in addition to the sale of, such Collateral. Each Grantor further agrees and acknowledges that the following shall be deemed a reasonable
commercial disposition: (i) a disposition made in the usual manner on any recognized market, (ii) a disposition at the price current in any recognized market at the time of disposition, and (iii) a disposition in conformity with
reasonable commercial practices among dealers in the type of property subject to the disposition. 
 (c) All cash Proceeds
received by the Administrative Agent in respect of any sale of, collection from, or other realization upon, all or any part of the Collateral shall be applied by the Administrative Agent against, all or any part of the Obligations as set forth in
Section 7.6 of the Credit Agreement. The Administrative Agent shall not be obligated to apply or pay over for application noncash proceeds of collection or enforcement unless (i) the failure to do so would be commercially
unreasonable, and (ii) the affected party has provided the Administrative Agent with a written demand to apply or pay over such noncash proceeds on such basis. 

  
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 (d) The Administrative Agent may do any or all of the following: (i) transfer all or
any part of the Collateral into the name of the Administrative Agent or its nominee, with or without disclosing that such Collateral is subject to the Lien hereunder, (ii) notify the parties obligated on any of the Collateral to make payment to
the Administrative Agent of any amount due or to become due thereunder, (iii) withdraw, or cause or direct the withdrawal, of all funds with respect to the Collateral Account, (iv) enforce collection of any of the Collateral by suit or
otherwise, and surrender, release or exchange all or any part thereof, or compromise or extend or renew for any period (whether or not longer than the original period) any obligations of any nature of any party with respect thereto, (v) endorse
any checks, drafts, or other writings in the applicable Grantor’s name to allow collection of the Collateral, (vi) take control of any Proceeds of the Collateral, or (vii) execute (in the name, place and stead of the applicable
Grantor) endorsements, assignments, stock powers and other instruments of conveyance or transfer with respect to all or any of the Collateral. 
 SECTION 6.2. Compliance with Restrictions. Each Grantor agrees that in any sale of any of the Collateral whenever an Event of Default shall have occurred and be continuing, the Administrative Agent
is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict
the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications, and restrict such prospective bidders and purchasers to Persons who will represent and agree that they are purchasing
for their own account for investment and not with a view to the distribution or resale of such Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental Authority or official, and each Grantor
further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Administrative Agent be liable nor accountable to such Grantor for any discount
allowed by the reason of the fact that such Collateral is sold in compliance with any such limitation or restriction. 
 SECTION
6.3. Indemnity and Expenses. 
 (a) WITHOUT LIMITING THE
GENERALITY OF THE PROVISIONS OF SECTION 9.2 OF THE CREDIT AGREEMENT,
EACH GRANTOR HEREBY INDEMNIFIES AND HOLDS HARMLESS THE ADMINISTRATIVE AGENT, EACH
SECURED PARTY AND EACH OF THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES AND
AGENTS (THE “INDEMNIFIED PARTIES”) FROM AND AGAINST ANY AND ALL
CLAIMS, DAMAGES, LOSSES AND LIABILITIES ARISING OUT OF OR RESULTING FROM
THIS SECURITY AGREEMENT OR ANY OTHER CREDIT DOCUMENT (INCLUDING, WITHOUT LIMITATION,
ENFORCEMENT OF THIS SECURITY AGREEMENT), EXCEPT CLAIMS, LOSSES OR LIABILITIES THAT
ARE FOUND IN A FINAL, NON-APPEALABLE JUDGMENT BY A COURT OF
COMPETENT JURISDICTION TO HAVE RESULTED FROM SUCH INDEMNIFIED PARTY’S GROSS
NEGLIGENCE OR WILLFUL MISCONDUCT; PROVIDED, HOWEVER, THAT IT IS THE INTENTION OF THE PARTIES HERETO THAT EACH INDEMNIFIED PARTY BE INDEMNIFIED IN THE CASE OF ITS OWN NEGLIGENCE
(OTHER THAN GROSS NEGLIGENCE), REGARDLESS OF WHETHER SUCH NEGLIGENCE IS SOLE OR CONTRIBUTORY, ACTIVE OR PASSIVE, IMPUTED, JOINT OR TECHNICAL. If and to the extent that the foregoing undertaking may be unenforceable for any reason, each
Grantor hereby agrees to make the maximum contribution to the payment and satisfaction of each of the foregoing which is permissible under applicable law. 
 (b) Other than as set forth in clause (c) below, each Grantor will upon demand pay to the Administrative Agent and any legal counsel the amount of any and all expenses, including the reasonable fees
and disbursements of its counsel and of any experts and agents, which the Administrative Agent and any legal counsel may incur in connection herewith, including without limitation in connection

  
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with the administration of this Security Agreement and the custody, preservation, use or operation of, any of the Collateral. 

(c) Each Grantor will upon demand pay to the Administrative Agent and any legal counsel the amount of any and all expenses, including the
fees and disbursements of its counsel and of any experts and agents, which the Administrative Agent and any legal counsel may incur in connection (i) the sale of, collection from, or other realization upon, any of the Collateral, (ii) the
exercise or enforcement of any of the rights of the Administrative Agent and any legal counsel or any of the Secured Parties hereunder, or (iii) the failure by any Grantor to perform or observe any of the provisions hereof. 

SECTION 6.4. Warranties. The Administrative Agent may sell the Collateral without giving any warranties or representations as to
the Collateral. The Administrative Agent may disclaim any warranties of title or the like. Each Grantor agrees that this procedure will not be considered to adversely affect the commercial reasonableness of any sale of the Collateral. 

ARTICLE VII 

MISCELLANEOUS PROVISIONS 
 SECTION 7.1. Credit Document. This Security Agreement is a Credit Document executed pursuant to the Credit Agreement and shall (unless otherwise expressly indicated herein) be construed,
administered and applied in accordance with the terms and provisions thereof, including Article 9 thereof. 
 SECTION 7.2.
Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor and its successors, transferees and assigns
and, subject to the limitations set forth in the Credit Agreement, shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and assigns; provided that, no Grantor shall assign any of its
obligations hereunder (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement). 

SECTION 7.3. Amendments, etc. No amendment to or waiver of any provision of this Security Agreement, nor consent to any departure
by any Grantor from its obligations under this Security Agreement, shall in any event be effective unless the same shall be in writing and signed by the Administrative Agent (on behalf of the Lenders or the Majority Lenders, as the case may be,
pursuant to Section 9.3 of the Credit Agreement) and such Grantor and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. 

SECTION 7.4. Notices. Except as otherwise provided in this Security Agreement, all notices and other communications provided for
hereunder shall be in writing and hand delivered with written receipt, telecopied, sent by facsimile (with a hard copy sent as otherwise permitted pursuant to the Credit Agreement), sent by a nationally recognized overnight courier, or sent by
certified mail, return receipt requested to the appropriate party at the address or facsimile number of such party specified in the Credit Agreement, on the signature pages of this Security Agreement or at such other address or facsimile number as
may be designated by such party in a notice to the other party. Except as otherwise provided in this Security Agreement, all such notices and communications shall be effective when delivered. 

SECTION 7.5. No Waiver; Remedies. In addition to, and not in limitation of Section 2.7, no failure on the part of any
Secured Party to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any 

  
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other or further exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law. 

SECTION 7.6. Headings. The various headings of this Security Agreement are inserted for convenience only and shall not affect the
meaning or interpretation of this Security Agreement or any provisions thereof. 
 SECTION 7.7. Severability. Any
provision of this Security Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such provision and such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining
provisions of this Security Agreement or affecting the validity or enforceability of such provision in any other jurisdiction. 

SECTION 7.8. Counterparts. This Security Agreement may be executed by the parties hereto in several counterparts, each of which
shall be deemed to be an original and all of which shall constitute together but one and the same agreement. Delivery of an executed counterpart of a signature page to this Security Agreement by facsimile or other electronic transmission shall be
effective as delivery of a manually executed counterpart of this Security Agreement. 
 SECTION 7.9. Consent as Holder of
Equity and as Pledged Interests Issuer. Each Grantor hereby (a) consents to the execution by each other Grantor of this Security Agreement and grant by each other Grantor of a security interest, encumbrance, pledge and hypothecation in all
Pledged Interests and other Collateral of such other Grantor to the Administrative Agent pursuant hereto, (b) without limiting the generality of the foregoing, consents to the transfer of any Pledged Interest to the Administrative Agent or its
nominee pursuant to the terms of this Security Agreement following the occurrence and during the continuance of an Event of Default and to the substitution of the Administrative Agent or its nominee as a partner under the limited partnership
agreement or as a member under the limited liability company agreement, in any case, as heretofore and hereafter amended, and (c) to the extent such Grantor is also a Pledged Interests Issuer, agrees to comply with instructions with respect to
the applicable Pledged Interests originated by the Administrative Agent without further consent of any other Grantor if an Event of Default has occurred and is continuing. Furthermore, each Grantor as the holder of any Equity Interests in a Pledged
Interests Issuer, hereby (i) waives all rights of first refusal, rights to purchase, and rights to consent to transfer (to any Secured Party or to any purchaser resulting from the exercise of a Secured Party’s remedy provided hereunder or
under applicable law) and (ii) if required by the organizational documents of such Pledged Interests Issuer, agrees to cause such Pledged Interests Issuer to register the Lien granted hereunder and encumbering such Equity Interests in the
registry books of such Pledged Interests Issuer. 
 SECTION 7.10. Additional Grantors. Additional Wholly-Owned
Domestic Restricted Subsidiaries of Borrower may from time to time enter into this Security Agreement as a Grantor. Upon execution and delivery after the date hereof by the Administrative Agent and such Wholly-Owned Domestic Restricted Subsidiary of
an instrument in the form of Annex 1, such Wholly-Owned Domestic Restricted Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any
instrument adding an additional Grantor as a party to this Security Agreement shall not require the consent of any other Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding
the addition of any new Grantor as a party to this Security Agreement. 
 SECTION 7.11. Conflicts with Credit Agreement.
To the fullest extent possible, the terms and provisions of the Credit Agreement shall be read together with the terms and provisions of this Security Agreement so that the terms and provisions of this Security Agreement do not conflict with the
terms and provisions of the Credit Agreement; provided, however, notwithstanding the foregoing, in the event that 

  
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any of the terms or provisions of this Security Agreement conflict with any terms or provisions of the Credit Agreement, the terms or provisions of the Credit Agreement shall govern and control
for all purposes; provided that the inclusion in this Security Agreement of terms and provisions, supplemental rights or remedies in favor of the Administrative Agent not addressed in the Credit Agreement shall not be deemed to be in conflict with
the Credit Agreement and all such additional terms, provisions, supplemental rights or remedies contained herein shall be given full force and effect. 
 SECTION 7.12. Governing Law. This Security Agreement shall be deemed a contract under, and shall be governed by, and construed and enforced in accordance with, the laws of the State of New York,
applicable to contracts made and to be performed entirely within such state, including without regard to conflicts of laws principles. 
 SECTION 7.13. Submission to Jurisdiction. EACH GRANTOR PARTY TO THIS SECURITY AGREEMENT IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE
COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
SECURITY AGREEMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE GRANTORS PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW
YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE GRANTORS PARTY HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER
JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS SECURITY AGREEMENT SHALL AFFECT ANY RIGHT THAT ANY PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS SECURITY AGREEMENT AGAINST
ANY OTHER PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 
 SECTION 7.14. Waiver of Venue. EACH GRANTOR PARTY
HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LEGAL REQUIREMENT, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
SECURITY AGREEMENT IN ANY COURT REFERRED TO IN SECTION 7.13. EACH OF THE PARTIES HERETO HEREBY AGREES THAT SECTIONS 5-1401 AND 4-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK SHALL APPLY TO THIS SECURITY AGREEMENT
AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LEGAL REQUIREMENT, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 

SECTION 7.15. Service of Process. Each Grantor party hereto irrevocably consents to service of process in the manner provided for
notices in Section 9.9 of the Credit Agreement. Nothing in this Security Agreement will affect the right of any party hereto to serve process in any other manner permitted by applicable law. 

SECTION 7.16. Waiver of Jury. EACH GRANTOR PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY 

  
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OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS SECURITY AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH GRANTOR PARTY HERETO
(A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES
THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
 THIS SECURITY AGREEMENT AND THE OTHER CREDIT DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND SUPERSEDE ALL PRIOR UNDERSTANDINGS AND AGREEMENTS, WHETHER WRITTEN OR ORAL, RELATING TO THE
TRANSACTIONS PROVIDED FOR HEREIN AND THEREIN. ADDITIONALLY, THIS AGREEMENT AND THE CREDIT DOCUMENTS MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. 

THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. 

[Remainder of this page intentionally left blank. Signature pages to follow.] 

  
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 IN WITNESS WHEREOF, each of the parties hereto has caused this Security Agreement to be duly
executed and delivered by its Responsible Officer as of the date first above written. 
  

			
	GRANTORS
	
	FORUM ENERGY TECHNOLOGIES, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	
 

			
	
	[                           
                             
]

			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
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	ADMINISTRATIVE AGENT:
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
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 SCHEDULE I 
 to Pledge and Security 
 Agreement 

ITEM A – PLEDGED INTERESTS 
 [Company to Provide] 
  

																	
	 Common Stock
	 
	 Pledged Interests Issuer (corporate)
	  	Cert. #	 	  	# of
Shares	 	  	Authorized
Shares	 	  	% of Shares
Pledged	 
		  				  				  				  			

  

									
	 Limited Liability Company Interests
	 
	 Pledged Interests Issuer (limited liability company)
	  	% of 
Limited
Liability
Company
Interests Pledged	 	  	Type of Limited 
Liability
Company Interests
Pledged	 
		  				  			

  

									
	 Partnership Interests
	 
	 Pledged Interests Issuer (partnership)
	  	% of Partnership
Interests
Owned	 	  	% of Partnership
Interests 
Pledged	 
	 N/A
	  				  			

  
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 ITEM B – PLEDGED NOTES 

[Company to Provide] 
  

	1.	Pledged Note Issuer Description: 

  
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 SCHEDULE II 
 to Pledge and Security 
 Agreement 

 

	Item A-1.	Location of Grantor for purposes of UCC. 

 [Company to Provide] 
  

	
	Forum Energy Technologies, Inc.: Delaware
	
	[Other Grantors]: [                    ]

 

	Item A-2.	Grantor’s place of business or principal office. 

 [Company to Provide] 
  

	
	Forum Energy Technologies, Inc.
	[Address]
	
	[Other Grantors]
	[Address]

  

	Item A-3.	Taxpayer ID number. 

[Company to Provide] 
 Forum Energy Technologies, Inc.: [                    ] 

[Other Grantors]: [                    ]

  

	Item B.	Merger or other corporate reorganization. 

 [Company to Provide] 

  
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 SCHEDULE III – A 
 to Pledge and Security 
 Agreement 

INTELLECTUAL PROPERTY COLLATERAL 
 Item A. Patent Collateral. 
 [Company to Provide] 

Issued Patents 
  

													
	 Country
	 	 Serial No.
	 	 Issued Date
	  	Inventor(s)	 	  	Title	 
		 		 		  				  			

 Pending Patent Applications 

 

													
	 Country
	 	 Serial No.
	 	 Filing Date
	  	Inventor(s)	 	  	Title	 
		 		 		  				  			

 Patent Applications in Preparation 

SCHEDULE III – B 
 to Pledge and Security 
 Agreement 

Item B. Trademark Collateral 
 [Company to Provide] 
  

	
	Trademarks, Service Marks, Trademark Licenses
	

  
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 SCHEDULE III – C 
 to Pledge and Security 
 Agreement 

Item C. Copyright Collateral. 
 [Company to Provide] 

  
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 Annex 1 to Pledge and Security 

Agreement 

SUPPLEMENT NO.              dated as of
            , 20     (the “Supplement”), to the Pledge and Security Agreement dated as of August 2, 2010 (as amended, supplemented,
restated, or otherwise modified from time to time, the “Security Agreement”), among FORUM OILFIELD TECHNOLOGIES, INC., a Delaware corporation (the “Borrower”) and each subsidiary of the Borrower party hereto from
time to time (collectively with the Borrower, the “Grantors” and individually, a “Grantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), as administrative agent (the
“Administrative Agent”) for the ratable benefit of the Secured Parties (as defined in the Credit Agreement referred to herein). 
 D. Reference is made to that certain Credit Agreement, dated as of August 2, 2010 (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit
Agreement”), among the Borrower, the lenders party thereto from time to time (the “Lenders”), the Issuing Lenders (as defined in the Credit Agreement) and Wells Fargo Bank, National Association, as the Administrative Agent
and as the swing line lender. 
 E. Capitalized terms used herein and not otherwise defined herein shall have the meanings
assigned to such terms in the Security Agreement and the Credit Agreement. 
 F. Section 7.10 of the Security Agreement
provides that additional Wholly-Owned Domestic Restricted Subsidiaries of the Borrower may become Grantors under the Security Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned Wholly-Owned Domestic
Restricted Subsidiary of the Borrower (the “New Grantor”) is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Grantor under the Security Agreement. 

Accordingly, the Administrative Agent and the New Grantor agree as follows: 

(e) In accordance with Section 7.10 of the Security Agreement, the New Grantor by its signature below becomes a Grantor under the
Security Agreement with the same force and effect as if originally named therein as a Grantor and the New Grantor hereby agrees (a) to all the terms and provisions of the Security Agreement applicable to it as a Grantor thereunder and
(b) represents and warrants that the representations and warranties made by it as a Grantor thereunder are true and correct on and as of the date hereof. In furtherance of the foregoing, the New Grantor, as security for the payment and
performance in full of the Secured Obligations (as defined in the Security Agreement), does hereby create and grant to the Administrative Agent, its successors and assigns, for the benefit of the Secured Parties, their successors and assigns as
provided in the Security Agreement, a continuing security interest in and Lien on all of the New Grantor’s right, title and interest in and to the Collateral (as defined in the Security Agreement) of the New Grantor. Each reference to a
“Grantor” in the Security Agreement shall be deemed to include the New Grantor. The Security Agreement is hereby incorporated herein by reference. 
 (f) The New Grantor represents and warrants to the Administrative Agent and the other Secured Parties that this Supplement has been duly authorized, executed and delivered by it and constitutes its legal,
valid and binding obligation, enforceable against it in accordance with its terms (subject to applicable bankruptcy, reorganization, 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)). 

  
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 (g) This Supplement may be executed in counterparts, each of which shall constitute an
original, but all of which when taken together shall constitute a single contract. This Supplement shall become effective when the Administrative Agent shall have received counterparts of this Supplement that, when taken together, bear the
signatures of the New Grantor and the Administrative Agent. Delivery of an executed signature page to this Supplement by facsimile or other electronic transmission shall be as effective as delivery of a manually signed counterpart of this
Supplement. 
 (h) The New Grantor hereby agrees that the schedules attached to the Security Agreement are hereby supplemented
by the corresponding schedules attached to this Supplement. The New Grantor hereby represents and warrants that the information provided in the schedules attached hereto are true and correct as of the date hereof. 

(i) The New Grantor hereby expressly acknowledges and agrees to the terms of Section 6.3. (Indemnity and Expenses) of the
Security Agreement and expressly acknowledges the irrevocable proxy provided in Section 4.1(e) of the Security Agreement. In furtherance thereof, NEW GRANTOR HEREBY GRANTS THE ADMINISTRATIVE AGENT AN IRREVOCABLE PROXY (WHICH IRREVOCABLE
PROXY SHALL CONTINUE IN EFFECT UNTIL THE TERMINATION DATE) EXERCISABLE UNDER THE CIRCUMSTANCES PROVIDED IN SECTION 4.1 OF THE SECURITY AGREEMENT, TO VOTE THE PLEDGED SHARES, PLEDGED INTERESTS, INVESTMENT PROPERTY AND SUCH OTHER COLLATERAL.

 (j) Except as expressly supplemented hereby, the Security Agreement shall remain in full force and effect. 

(k) Governing Law. This Supplement shall be deemed a contract under, and shall be governed by, and construed and enforced in
accordance with, the laws of the State of New York, applicable to contracts made and to be performed entirely within such state, including without regard to conflicts of laws principles., except to the extent that the validity or perfection of the
security interests hereunder, or remedies hereunder, in respect of any particular Collateral are governed by the laws of a jurisdiction other than the State of New York. 
 (l) In case any one or more of the provisions contained in this Supplement should be held invalid, illegal or unenforceable in any respect, neither party hereto shall be required to comply with such
provision for so long as such provision is held to be invalid, illegal or unenforceable, but the validity, legality and enforceability of the remaining provisions contained herein and in the Security Agreement shall not in any way be affected or
impaired. The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or
unenforceable provisions. 
 (m) All communications and notices hereunder shall be in writing and given as provided in the
Security Agreement. All communications and notices hereunder to the New Grantor shall be given to it at the address set forth under its signature hereto. 
 (n) The New Grantor agrees to reimburse the Administrative Agent for its reasonable out-of-pocket expenses in connection with this Supplement, including the reasonable fees, other charges and
disbursements of counsel for the Administrative Agent. 
 (o) Submission to Jurisdiction. NEW GRANTOR IRREVOCABLY AND
UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK 

  
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COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
SUPPLEMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND NEW GRANTOR IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. NEW GRANTOR AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER
MANNER PROVIDED BY LAW. NOTHING IN THIS SUPPLEMENT SHALL AFFECT ANY RIGHT THAT ANY PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS SUPPLEMENT AGAINST ANY OTHER PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION.

 (p) Waiver of Venue. NEW GRANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LEGAL REQUIREMENT, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT IN ANY COURT REFERRED TO IN SECTION 11. NEW GRANTOR HEREBY AGREES THAT
SECTIONS 5-1401 AND 4-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK SHALL APPLY TO THIS SUPPLEMENT AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LEGAL REQUIREMENT, THE DEFENSE OF AN
INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 
 (q) Service of Process. New
Grantor irrevocably consents to service of process in the manner provided for notices in Section 9.9 of the Credit Agreement. Nothing in this Supplement will affect the right of any party hereto to serve process in any other manner permitted by
applicable law. 
 (r) Waiver of Jury. NEW GRANTOR HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS SUPPLEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). NEW
GRANTOR (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS SUPPLEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

THIS SUPPLEMENT, THE SECURITY AGREEMENT AND THE OTHER CREDIT DOCUMENTS, AS DEFINED IN THE CREDIT AGREEMENT REFERRED TO IN THIS
SUPPLEMENT, REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. 

THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES HERETO. 

  
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 IN WITNESS WHEREOF, the New Grantor and the Administrative Agent have duly executed this
Supplement to the Security Agreement as of the day and year first above written. 
  

			
	[Name of New Grantor],
		
	By:	 	  

	Name:	 	  

	Title:	 	  

		
	Address:	 	  

		 	  

		 	  

	
	 WELLS FARGO BANK, NATIONAL
 ASSOCIATION, as Administrative Agent

		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
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– Form of Pledge and Security Agreement 
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 SCHEDULES TO SUPPLEMENT NO. 1 

[AS APPROPRIATE] 

  
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 EXHIBIT H 
 FORM OF SWING LINE NOTE 
  

			
	$                    	 	            ,     

For value received, the undersigned FORUM ENERGY TECHNOLOGIES, INC., a Delaware corporation (“Borrower”), hereby
promises to pay to the order of                      (“Payee”) the principal amount of
                     No/100 Dollars ($            ) or, if less, the
aggregate outstanding principal amount of the Swing Line Advances (as defined in the Credit Agreement referred to below) made by the Payee (or predecessor in interest) to the Borrower, together with interest on the unpaid principal amount of the
Swing Line Advances from the date of such Swing Line Advances until such principal amount is paid in full, at such interest rates, and at such times, as are specified in the Credit Agreement (as hereunder defined). The Borrower may make prepayments
on this Swing Line Note in accordance with the terms of the Credit Agreement. 
 This Swing Line Note is the Swing Line Note
referred to in, and is entitled to the benefits of, and is subject to the terms of, the Credit Agreement dated as of August 2, 2010 (as the same may be amended, restated, supplement or otherwise modified from time to time, the “Credit
Agreement”), among the Borrower, the lenders party thereto (the “Lenders”), the Issuing Lenders (as defined in the Credit Agreement), and Wells Fargo Bank, N.A., as administrative agent (the “Administrative Agent”) and as a
Swing Line Lender. Capitalized terms used in this Swing Line Note that are defined in the Credit Agreement and not otherwise defined in this Swing Line Note have the meanings assigned to such terms in the Credit Agreement. The Credit Agreement,
among other things, (a) provides for the making of the Swing Line Advances by the Payee to the Borrower in an aggregate amount not to exceed at any time outstanding the Dollar amount first above mentioned, the indebtedness of the Borrower
resulting from each such Swing Line Advance being evidenced by this Swing Line Note, and (b) contains provisions for acceleration of the maturity of this Swing Line Note upon the happening of certain events stated in the Credit Agreement and
for prepayments of principal prior to the maturity of this Swing Line Note upon the terms and conditions specified in the Credit Agreement. 
 Both principal and interest are payable in lawful money of the United States of America to the Administrative Agent at the location or address specified by the Administrative Agent to the Borrower in same
day funds. The Payee shall record payments of principal made under this Swing Line Note, but no failure of the Payee to make such recordings shall affect the Borrower’s repayment obligations under this Swing Line Note. 

This Swing Line Note is secured by the Security Documents and guaranteed pursuant to the terms of the Guaranties. 

This Swing Line Note is made expressly subject to the terms of Section 9.11 and Section 9.12 of the Credit Agreement.

 Except as specifically provided in the Credit Agreement, the Borrower hereby waives presentment, demand, protest, notice of
intent to accelerate, notice of acceleration, and any other notice of any kind. No failure to exercise, and no delay in exercising, any rights hereunder on the part of the holder of this Swing Line Note shall operate as a waiver of such rights.

 THIS SWING LINE NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW
YORK. 

  
 Exhibit H
– Form of Swing Line Note 
 Page 1 of 2 

 THIS SWING LINE NOTE AND THE OTHER CREDIT DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG
THE PARTIES AND SUPERSEDE ALL PRIOR UNDERSTANDINGS AND AGREEMENTS, WHETHER WRITTEN OR ORAL, RELATING TO THE TRANSACTIONS PROVIDED FOR HEREIN AND THEREIN. ADDITIONALLY, THIS SWING LINE NOTE AND THE CREDIT DOCUMENTS MAY NOT BE CONTRADICTED BY EVIDENCE
OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. 
 THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG
THE PARTIES. 
  

			
	FORUM ENERGY TECHNOLOGIES, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit H
– Form of Swing Line Note 
 Page 2 of 2 

 SCHEDULE I 
 Pricing Schedule 
 The Applicable Margin with respect to Commitment Fee,
Revolving Advances, and, if applicable, Swing Line Advances shall be determined in accordance with the following Table based on the Borrower’s Leverage Ratio as reflected in the Compliance Certificate delivered in connection with the financial
statements most recently delivered pursuant to Section 5.2. Adjustments, if any, to such Applicable Margin shall be effective on the date the Administrative Agent receives the applicable financial statements and corresponding Compliance
Certificate as required by the terms of this Agreement. If the Borrower fails to deliver the financial statements and corresponding Compliance Certificate to the Administrative Agent at the time required pursuant to Section 5.2, then effective
as of the date such financial statements and Compliance Certificate were required to the delivered pursuant to Section 5.2, the Applicable Margin with respect to Commitment Fee, Revolving Advances, and, if applicable, Swing Line Advances shall
be determined at Level I and shall remain at such level until the date such financial statements and corresponding Compliance Certificate are so delivered by the Borrower. Notwithstanding the foregoing, the Borrower shall be deemed to be at Level IV
described below until delivery of its unaudited financial statements and corresponding Compliance Certificate for the fiscal quarter ending September 30, 2010. Notwithstanding anything to the contrary contained herein, the determination of the
Applicable Margin for any period shall be subject to the provisions of Section 2.8(c).  
  

															
	 Applicable
Margin
	  	 Leverage Ratio
	  	Base Rate
Advances	 	 	Eurodollar
Advances	 	 	Commitment
Fee	 
	 Level I
	  	 Is greater than or equal 3.50
	  	 	2.25	% 	 	 	3.75	% 	 	 	0.50	% 
	 Level II
	  	 Is less than 3.50 but greater than or equal to 3.00
	  	 	2.00	% 	 	 	3.50	% 	 	 	0.50	% 
	 Level III
	  	 Is less than 3.00 but greater than or equal to 2.50
	  	 	1.50	% 	 	 	3.00	% 	 	 	0.50	% 
	 Level IV
	  	 Is less than 2.50 but greater than or equal to 2.00
	  	 	1.25	% 	 	 	2.75	% 	 	 	0.50	% 
	 Level V
	  	 Is less than 2.00 but greater than or equal to 1.50
	  	 	1.00	% 	 	 	2.50	% 	 	 	0.375	% 
	 Level VI
	  	 Is less than 1.50 but greater than or equal to 1.00
	  	 	0.75	% 	 	 	2.25	% 	 	 	0.375	% 
	 Level VII
	  	 Is less than 1.00
	  	 	0.50	% 	 	 	2.00	% 	 	 	0.375	% 

  
 Schedule I

 SCHEDULE II 
 Commitments, Contact Information 
  

					
	ADMINISTRATIVE AGENT/ISSUING LENDER/SWING LINE LENDER
	Wells Fargo Bank, National Association	  	Address:	  	1525 W WT Harris Blvd.
		  		  	Mail Code NC0680
		  		  	Charlotte, NC 28262
		  	Attn:	  	Syndication/Agency Services
		  	Telephone:	  	(704) 590 2760
		  	Facsimile:	  	(704) 590 2790
			
		  	with a copy to:	  	
		  	Address:	  	1000 Louisiana, 9th Floor
		  		  	MAC T5002-090
		  		  	Houston, Texas 77002
		  	Attn:	  	J.C. Hernandez
		  	Telephone:	  	713-319-1913
		  	Facsimile:	  	713-739-1087
	
	CREDIT PARTIES
	Borrower/Guarantors	  	Address for Notices:	  	
		  	 8807 W. Sam Houston Pkwy N, Suite 200
 Houston, TX 77040

		  	Attn:	  	James Harris
		  	Telephone:	  	713-351-7999
		  	Facsimile:	  	713-351-7997

  

					
	 Lender
	  	Commitment	 
	 Wells Fargo Bank, National Association
	  	$	70,000,000	  
	 JPMorgan Chase Bank, N.A.
	  	$	70,000,000	  
	 Bank of America, N.A.
	  	$	70,000,000	  
	 Citibank, N.A.
	  	$	60,000,000	  
	 Deustche Bank Trust Company Americas
	  	$	60,000,000	  
	 Amegy Bank National Association
	  	$	60,000,000	  
	 HSBC Bank USA, N.A.
	  	$	40,000,000	  
	 Credit Suisse AG, Cayman Islands Branch
	  	$	20,000,000	  
	 TOTAL:
	  	$	450,000,000	  

  
 Schedule II

 Schedule 1.1 

Existing Letters of Credit 
  

	 	1.	Letter of Credit issued by Amegy Bank National Association to McDermott Australia for Kipper Tuna project (Subsea) issued June 22, 2010 in the amount of $400,000
with expiry date of May 31, 2012. 

  

	 	2.	Irrevocable Standby Letter of Credit issued by JPMorgan Chase Bank on behalf of Global Flow Technologies, Inc. for the benefit of Petroquimicasuape (Brazil) issued
September 17, 2009 in the amount of USD $23,060.82 with expiry date of February 23, 2012. 

  

	 	3.	Irrevocable Standby Letter of Credit issued by JPMorgan Chase Bank on behalf of Global Flow Technologies, Inc. for the benefit of Petroquimicasuape (Brazil) issued
September 17, 2009 in the amount of USD $27,439.37 with expiry date of February 23, 2012. 

  

	 	4.	Letters of Credit on behalf of Forum Energy Technologies, Inc. issued by JP Morgan Chase Bank: 

 

																							
	REF NUMBER	  	CURRENCY	 	  	LC FACE
AMOUNT	 	  	OUTSTANDING
USD
EQUIVALENT	 	  	Expiry	 	  	BENEFICIARY NAME	  	BENEFICIARY
COUNTRY	 
							
	 LOC - UK 4L4S-715827
	  	 	USD	  	  	 	99,859.00	  	  	 	99,859.00	  	  	 	02/28/11	  	  	JPMORGAN CHASE BANK N.A.	  	 	US	  
	 LOC - UK 4L4S-715828
	  	 	USD	  	  	 	95,000.00	  	  	 	95,000.00	  	  	 	05/31/11	  	  	JPMORGAN CHASE BANK N.A.	  	 	US	  
	 LOC - UK 4L4S-715829
	  	 	USD	  	  	 	95,000.00	  	  	 	95,000.00	  	  	 	10/31/11	  	  	JPMORGAN CHASE BANK N.A.	  	 	US	  
	 LOC - UK 4L4S-718402
	  	 	USD	  	  	 	260,100.00	  	  	 	260,100.00	  	  	 	06/15/11	  	  	SAIPEM (PORTUGAL) COMERCIO	  	 	PT	  
	 LOC - Mexico 628485
	  	 	USD	  	  	 	28,446.51	  	  	 	28,446.51	  	  	 	06/16/11	  	  	Parque Industrial Avante	  	 	Mexico	  
	 LOC - SING 712614
	  	 	SGD	  	  	 	126,248.87	  	  	 	90,255.32	  	  	 	08/30/11	  	  	Hayer Engineering Pte Ltd	  	 	Singapore	  
	 LOC - SING 708092
	  	 	USD	  	  	 	36,901.70	  	  	 	36,901.70	  	  	 	03/01/11	  	  	PPL Shipyard Pte Ltd	  	 	Singapore	  
	 LOC - SING 803638
	  	 	USD	  	  	 	28,276.94	  	  	 	28,276.94	  	  	 	02/15/11	  	  	JPMORGAN CHASE BANK N.A.	  	 	Singapore	  
	 LOC - SING 838868
	  	 	USD	  	  	 	192,082.50	  	  	 	192,082.50	  	  	 	03/08/11	  	  	JPMORGAN CHASE BANK N.A.	  	 	Singapore	  
	 LOC - SING 838870
	  	 	USD	  	  	 	126,300.00	  	  	 	126,300.00	  	  	 	01/29/11	  	  	JPMORGAN CHASE BANK N.A.	  	 	Singapore	  
	 LOC - SING 838866
	  	 	USD	  	  	 	222,600.00	  	  	 	222,600.00	  	  	 	01/29/11	  	  	JPMORGAN CHASE BANK N.A.	  	 	Singapore	  
	 LOC - CPCS 856396
	  	 	USD	  	  	 	92,390.00	  	  	 	92,390.00	  	  	 	05/31/11	  	  	JPMORGAN CHASE BANK N.A.	  	 	Singapore	  
	 LOC - SING 850547
	  	 	USD	  	  	 	124,861.46	  	  	 	124,861.46	  	  	 	08/11/10	  	  	JPMORGAN CHASE BANK N.A.	  	 	Phillipines	  
		  				  				  	 	 	 	  				  		  			
		  				  				  	 	1,492,073.43	  	  				  		  			
		  				  				  	 	 	 	  				  		  			

  
 Schedule 1.1

 Page 1 of 1 

 Schedule 4.1 

Organizational Information 
  

							
	 	  	 Entity Name
	  	 Type of Organization
	  	State of Formation
	1.	  	A.B.Z. Manufacturing, Inc.	  	Corporation	  	Kansas
	2.	  	Allied Production Services, Inc.	  	Corporation	  	Delaware
	3.	  	Allied Production Solutions GP, LLC	  	Limited Liability Company	  	Texas
	4.	  	Allied Productions Solutions, LP	  	Limited Partnership	  	Texas
	5.	  	C&L Pipeline Equipment, Inc.	  	Corporation	  	Delaware
	6.	  	Certified Technical Services, L.P.	  	Limited Partnership	  	Texas
	7.	  	CREVCO, L.P.	  	Limited Partnership	  	Texas
	8.	  	DPS Offshore, Inc.	  	Corporation	  	Texas
	9.	  	Forum Energy Technologies, Inc.	  	Corporation	  	Delaware
	10.	  	Forum International Holdings, Inc.	  	Corporation	  	Delaware
	11.	  	Forum Oilfield Technologies US, Inc.	  	Corporation	  	Delaware
	12.	  	Geoscience Earth & Marine Services, Inc.	  	Corporation	  	Texas
	13.	  	Global Flow Equipment, Inc.	  	Corporation	  	Delaware
	14.	  	Global Flow Technologies, Inc.	  	Corporation	  	Delaware
	15.	  	M-CO GP, LLC	  	Limited Liability Company	  	Texas
	16.	  	M-Co, Ltd.	  	Corporation	  	Texas
	17.	  	MIDCO Fabricators, Inc.	  	Corporation	  	Oklahoma
	18.	  	Offshore Joint Services, Inc.	  	Corporation	  	Texas
	19.	  	Perry Slingsby Systems, Inc.	  	Corporation	  	Delaware
	20.	  	Perry Slingsby Systems, Inc.	  	Corporation	  	Texas
	21.	  	Quadrant Valve & Actuator, L.L.C.	  	Limited Liability Company	  	Louisiana

  
 Schedule 4.1

 Page 1 of 2 

							
	 	  	 Entity Name
	  	 Type of Organization
	  	State of Formation
	22.	  	Seafloor Geoservices Inc.	  	Corporation	  	Delaware
	23.	  	Sub-Atlantic, Inc.	  	Corporation	  	Texas
	24.	  	Subsea Services International, Inc.	  	Corporation	  	Delaware
	25.	  	TGH (US) Inc.	  	Corporation	  	Delaware
	26.	  	Titan Tanks and Vessels, LLC	  	Limited Liability Company	  	Texas
	27.	  	Triton Group Holdings LLC	  	Limited Liability Company	  	Delaware
	28.	  	UKPS, Inc.	  	Corporation	  	Texas
	29.	  	VMAX Technologies Inc.	  	Corporation	  	Delaware
	30.	  	Z Explorations, Inc.	  	Corporation	  	Delaware
	31.	  	Z Resources, Inc.	  	Corporation	  	Delaware
	32.	  	Zy-Tech Global Industries, Inc.	  	Corporation	  	Delaware

  
 Schedule 4.1

 Page 2 of 2 

 Schedule 4.10 

Environmental Conditions 
  

	1.	Global Flow Technologies, Inc. has been named as one of many defendants in a number of product liability claims for alleged exposure to asbestos. These lawsuits are
typically filed on behalf of plaintiffs, who allege exposure to some asbestos, against numerous defendants, often 40 or more, who may have manufactured or distributed valve products containing asbestos. Asbestos gaskets were commonly used in valves
from the 1960’s until the early 1980’s. The injuries alleged by plaintiffs in these cases range from mesothelioma to other cancers to asbestosis. The earliest claims against Global Flow Technologies, Inc. were filed in New Jersey in 1998,
and Global Flow Technologies, Inc. currently has active cases in New Jersey, New York and Illinois. Approximately 80% of Global Flow Technologies, Inc.’s defense and settlement costs are being paid by insurance pursuant to historical policies
that provided occurrence-based product liability coverage during the time periods when the asbestos-containing valves were manufactured. 

  

	2.	In May 2009, a subsidiary of Global Flow Technologies, Inc., Z Explorations, Inc. (which is presently a dormant company with nominal assets except for rights under
insurance policies), was named along with many defendants in a suit filed by the Port of Portland, Oregon seeking reimbursement of costs related to a five-year study of contaminated sediments at the port. In March 2010, Z Explorations, Inc. also
received a notice letter from the EPA indicating that it had been identified as a potentially responsible party with respect to environmental contamination in the “study area” for the Portland Harbor Superfund Site. Under a 1997 indemnity
agreement between Z Explorations, Inc. and ZRZ Realty Co. (a former affiliate to Z Explorations, Inc. and an owner of real property located upstream of the “study area”), Global Flow Technologies, Inc. is indemnified with respect to losses
relating to environmental contamination. As required under the indemnity agreement, Z Explorations, Inc. provided notice of these claims to ZRZ Realty, and ZRZ Realty has assumed responsibility and is providing a defense of the claims.

  
 Schedule 4.10

 Page 1 of 1 

 Schedule 4.11 

Subsidiaries 
  

							
	 	  	 Entity Name
	  	 State of Formation
	  	
Wholly Owned
Domestic Subsidiary

	1.	  	A.B.Z. Manufacturing, Inc.	  	Kansas	  	ü
				
	2.	  	Allied Production Services, Inc.	  	Delaware	  	ü
				
	3.	  	Allied Production Solutions GP, LLC	  	Texas	  	ü
				
	4.	  	Allied Productions Solutions, LP	  	Texas	  	ü
				
	5.	  	C&L Pipeline Equipment, Inc.	  	Delaware	  	ü
				
	6.	  	Certified Technical Services, L.P.	  	Texas	  	ü
				
	7.	  	CREVCO, L.P.	  	Texas	  	ü
				
	8.	  	DPS Offshore, Inc.	  	Texas	  	ü
				
	9.	  	DPS Offshore Ltd.	  	UK - Scotland	  	
				
	10.	  	Dynamic Positioning Services (Holding Company) Ltd.	  	UK - England	  	
				
	11.	  	Forum Canada ULC	  	Alberta, Canada	  	
				
	12.	  	Forum Energy Technologies, Inc.	  	Delaware	  	ü
				
	13.	  	Forum International Holdings, Inc.	  	Delaware	  	ü
				
	14.	  	Forum Middle East Limited	  	British Virgin Islands	  	
				
	15.	  	Forum Oilfield Asia Pacific Pte. Ltd.	  	Singapore	  	
				
	16.	  	Forum Oilfield Europe Limited	  	UK - Scotland	  	
				
	17.	  	Forum Oilfield Technologies US, Inc.	  	Delaware	  	ü
				
	18.	  	Geoscience Earth & Marine Services, Inc.	  	Texas	  	ü
				
	19.	  	Global Flow Equipment, Inc.	  	Delaware	  	ü
				
	20.	  	Global Flow Technologies, Inc.	  	Delaware	  	ü
				
	21.	  	Kerloch Associates Ltd.	  	UK – England	  	
				
	22.	  	M-CO GP, LLC	  	Texas	  	ü

  
 Schedule 4.11

 Page 1 of 3 

							
	23.	  	M-Co, Ltd.	  	Texas	  	ü
				
	24.	  	MIDCO Fabricators, Inc.	  	Oklahoma	  	ü
				
	25.	  	Offshore Joint Services, Inc.	  	Texas	  	ü
				
	26.	  	Oilfield Bearing International Limited (UK)	  	UK - Scotland	  	
				
	27.	  	OJS Coatings UK, Ltd.	  	UK	  	
				
	28.	  	Perry Slingsby Systems Ltd.	  	UK – England	  	
				
	29.	  	Perry Slingsby Systems, Inc.	  	Delaware	  	ü
				
	30.	  	Perry Slingsby Systems, Inc.	  	Texas	  	ü
				
	31.	  	Pro-Tech Valve Sales, Inc.	  	Canada	  	
				
	32.	  	PT Subsea Services Indonesia	  	Indonesia	  	
				
	33.	  	Quadrant Valve & Actuator, L.L.C.	  	Louisiana	  	ü
				
	34.	  	RB (GB) Limited	  	UK – England	  	
				
	35.	  	RB Pipetech Limited	  	UK - England	  	
				
	36.	  	Seafloor Geoservices Inc.	  	Delaware	  	ü
				
	37.	  	Sub-Atlantic Ltd.	  	UK – Scotland	  	
				
	38.	  	Sub-Atlantic, Inc.	  	Texas	  	ü
				
	39.	  	Subco Underwater Equipment Ltd.	  	UK	  	
				
	40.	  	Subsea Services International, Inc.	  	Delaware	  	ü
				
	41.	  	TGH (AP) Pte Ltd.	  	Singapore	  	
				
	42.	  	TGH (UK) Ltd.	  	UK – England	  	
				
	43.	  	TGH (US) Inc.	  	Delaware	  	ü
				
	44.	  	Titan Tanks and Vessels, LLC	  	Texas	  	ü
				
	45.	  	Triton Group Holdings LLC	  	Delaware	  	ü
				
	46.	  	UK Project Support Ltd.	  	UK – Scotland	  	
				
	47.	  	UKPS, Inc.	  	Texas	  	ü
				
	48.	  	VisualSoft Ltd.	  	UK	  	

  
 Schedule 4.11

 Page 2 of 3 

							
	49.	  	VMAX Technologies Inc.	  	Delaware	  	ü
				
	50.	  	Z Explorations, Inc.	  	Delaware	  	ü
				
	51.	  	Z Resources, Inc.	  	Delaware	  	ü
				
	52.	  	Zy-Tech de Venezuela, S.A.	  	Venezuela	  	
				
	53.	  	Zy-Tech Global Industries, Inc.	  	Delaware	  	ü
				
	54.	  	Zy-Tech Valvestock Africa (Pty) Ltd.	  	South Africa	  	

  
 Schedule 4.11

 Page 3 of 3 

 Schedule 5.8 

Requirements for New Subsidiaries 
 Within 14 days of creating a new Subsidiary or acquiring a new Subsidiary, the Administrative Agent shall have received each of the following to the extent applicable: 

(a) Guaranty. A joinder and supplement to the Guaranty executed by such Subsidiary if such Subsidiary is a Wholly-Owned Domestic
Restricted Subsidiary; 
 (b) Security Agreement. A joinder and/or supplement to the Security Agreement (i) if such
Subsidiary is a Wholly-Owned Domestic Restricted Subsidiary, executed by such new Subsidiary and (ii) if such new Subsidiary is a Domestic Subsidiary or a First Tier Foreign Subsidiary, executed by the Borrower and any other Credit Party that
owns Equity Interests in such new Subsidiary, together with stock certificates, stock powers executed in blank, UCC-1 financing statements, and any other documents, agreements, or instruments necessary to create and perfect an Acceptable Security
Interest in the Collateral described in the Security Agreement, as so supplemented, which joinder and/or supplement will grant a Lien in, among other things, 100% of the Equity Interests of such new Subsidiary owned by the Borrower or any other
Credit Party (but in the case of any First Tier Foreign Subsidiary limited to no greater than 66% of the Voting Securities issued by such First Tier Foreign Subsidiary); 
 (c) Corporate Documents –Wholly-Owned Domestic Subsidiary. A secretary’s certificate from such new Wholly-Owned Domestic Restricted Subsidiary certifying such Subsidiary’s
(i) officers’ incumbency, (ii) authorizing resolutions, (iii) organizational documents, (iv) necessary governmental approvals, and (v) certificate of good standing in such Restricted Subsidiary’s state of
organization dated a date not earlier than 30 days prior to date of delivery or otherwise in effect on the date of delivery; 

(d) Patriot Act. All documentation and other information that is required by regulatory authorities under applicable “know
your customer” and anti-money-laundering rules and regulations, including, without limitation, the Patriot Act; and 
 (e)
Opinion of Counsel. If reasonably requested by the Administrative Agent, an opinion of counsel in form and substance reasonably acceptable to the Administrative Agent related to such new Restricted Subsidiary and substantially similar to the
legal opinions delivered at the Effective Date with respect to the other Restricted Subsidiaries in existence on the Effective Date. 

  
 Schedule 5.8

 Page 1 of 1 

 Schedule 6.1 

Permitted Debt 
  

	1.	Irrevocable Standby Letter of Credit available with First Community Bank of Emporia, KS, on behalf of A.B.Z. Manufacturing, Inc. for the benefit of Madison Telephone,
LLC issued August 20, 2009, in the amount of USD $429,092.53 with expiry date of August 20, 2010. 

  
 Schedule 6.1

 Page 1 of 1 

 Schedule 6.2 

Permitted Liens 
 None 

  
 Schedule 6.2

 Page 1 of 1 

 Schedule 6.3 

Permitted Investments 
  

	1.	Shareholder Agreement between Zy-Tech Global Industries, Inc., Zy-Tech Valvestock Africa (Pty) Ltd., Ken West, Gary Cooper and Yonke Engineering Investments
(Proprietary) Limited. In the event of death or termination of employment, then such person or company is deemed to have offered to sell the relevant interests in Zy-Tech Valvestock Africa (Pty) Ltd. to Zy-Tech Global Industries, Inc. at the net
book value of the shares on the date the relevant event occurred. 

  

	2.	At the time of acquisition of May 1, 2005, Zy-Tech advanced Zy-Tech Valvestock Africa (Pty) Ltd., $600,000 on loan account as part of the financing to acquire
majority interest in the Company. 

  

	3.	Investment by Forum International Holdings, Inc. in Forum Oilfield Asia Pacific Pte. Ltd. in the amount of USD$8,500,225. 

 

	4.	Investment by Forum International Holdings, Inc. in Forum Canada ULC in the amount of USD$24,546,400. 

 

	5.	Investment by Forum International Holdings, Inc. in Forum Middle East Limited in the amount of USD$5,700,000. 

 

	6.	Investment by Forum International Holdings, Inc. in Forum Oilfield Europe Limited in the amount of USD$17,308,507. 

 

	7.	Investment by Zy-Tech Global Industries, Inc. in Pro-Tech Valve Sales, Inc. in the amount of USD$5,764,333.60. 

 

	8.	Investment by Subsea Services International, Inc. in PT Subsea Services Indonesia in the amount of USD$100,000. 

 

	9.	Investment by Triton Group Holdings LLC in TGH (UK) Limited in the amount of USD$57,061,000. 

 

	10.	Investment by TGH (UK) Limited in Perry Slingsby Systems Limited in the amount of GBP 17,825,820. 

 

	11.	Investment by TGH (UK) Limited in Sub-Atlantic Limited in the amount of GBP 14,804,727. 

 

	12.	Investment by TGH (UK) Limited in UK Project Support Limited in the amount of GBP 6,628,128. 

 

	13.	Investment by TGH (UK) Limited in Subco Underwater Equipment Limited in the amount of GBP 506,364. 

  
 Schedule 6.3

 Page 1 of 2 

	14.	Investment by TGH (UK) Limited in TGH AP Pte. Limited in the amount of GBP Nil. 

 

	15.	Investment by TGH (UK) Limited in DPS Offshore Limited in the amount of GBP 42,054,145. 

 

	16.	Investment by TGH (UK) Limited in Visualsoft Limited in the amount of GBP 7,202,955. 

  
 Schedule 6.3

 Page 2 of 2 

 Schedule 6.10 

Permitted Affiliate Transactions 
  

	1.	Commercial Lease Agreement made and effective May 1, 2010, by and between W&A Enterprises, LLC (Landlord) and Quadrant Valve & Actuator, L.L.C.
(Tenant). Building lease for #105 Bluffwood Drive, Broussard, Louisiana beginning May 1, 2010 and ending April 30, 2015 for $3,250 per month. 

  

	2.	Commercial Lease Agreement made and effective May 1, 2010, by and between W&A Enterprises, LLC (Landlord) and Quadrant Valve & Actuator, L.L.C. (
Tenant). Building lease for #108 Bluffwood Drive, Broussard, Louisiana beginning May 1 , 2010 and ending April 30, 2015 for $3,250 per month. 

  

	3.	Commercial Lease Agreement made and effective May 1, 2010, by and between W&A Enterprises, LLC (Landlord) and Quadrant Valve & Actuator, L.L.C.
(Tenant). Building lease for #110 Bluffwood Drive, Broussard, Louisiana beginning May 1, 2010 and ending April 30, 2015 for $6,000 per month. 

  

	4.	Commercial Lease Agreement, effective January 1, 2008, between M &Z Investments, LLC and A.B.Z. Manufacturing, Inc.(Tenant). Building lease for 420 S Vine in
Madison, Kansas for a 10 year period for $1,500.00 per month. 

  

	5.	Commercial Lease Agreement, effective January 1, 2008, between Amy & Jason McClelland and A.B.Z. Manufacturing, Inc.(Tenant). Building lease for 112
– 114 W. Main N., Madison, KS for a 10 year period for $250.00 per month. 

  

	6.	Commercial Lease Agreement, effective January 1, 2008, between M & M Rentals, LLC, and A.B.Z. Manufacturing, Inc.(Tenant). Building lease for 119 W Main in
Madison, Kansas for a 10 year period for $5,900.00 per month. 

  

	7.	Shareholder Agreement between Zy-Tech Global Industries, Inc., Zy-Tech Valvestock Africa (Pty) Ltd., Ken West, Gary Cooper and Yonke Engineering Investments
(Proprietary) Limited. In the event of death or termination of employment, then such person or company is deemed to have offered to sell the relevant interests in Zy-Tech Valvestock Africa (Pty) Ltd. to Zy-Tech Global Industries, Inc. at the net
book value of the shares on the date the relevant event occurred. 

  

	8.	At the time of acquisition of May 1, 2005, Zy-Tech Global Industries, Inc. advanced Zy-Tech Valvestock Africa (Pty) Ltd., $600,000 on loan account as part of the
financing to acquire majority interest in the Company. 

  
 Schedule 6.10

 Page 1 of 1Employment Agreement of C. Christopher Gaut

 Exhibit 10.2 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT AGREEMENT
(“Agreement”) is made by and between Forum Energy Technologies, Inc., a Delaware corporation (the “Company”), and C. Christopher Gaut (“Executive”). 

W I T N E S S E T H: 
 WHEREAS, the Company desires to employ Executive on the terms and conditions, and for the consideration, hereinafter set forth and Executive desires to be employed by the Company on such terms and
conditions and for such consideration. 
 NOW, THEREFORE, for and in consideration of the mutual promises, covenants and
obligations contained herein, the Company and Executive agree as follows: 
 ARTICLE I 

DEFINITIONS 
 In addition to the terms defined in the body of this Agreement, for purposes of this Agreement, the following capitalized words shall have the meanings indicated below: 

1.1 “Acquiring Person” shall mean any individual, entity or group (within the meaning of section 13(d)(3)
or 14(d)(2) of the Exchange Act) other than the Initial Stockholders. 
 1.2 “Board” shall mean
the Board of Directors of the Company. 
 1.3 “Cause” shall mean a determination by the Company
that Executive (a) has engaged in gross negligence or willful misconduct in the performance of Executive’s duties with respect to the Company or any of its affiliates, (b) has materially breached any material provision of this
Agreement or any written agreement or corporate policy or code of conduct established by the Company or any of its affiliates, (c) has willfully engaged in conduct that is materially injurious to the Company or any of its affiliates, or
(d) has been convicted of, pleaded no contest to or received adjudicated probation or deferred adjudication in connection with a felony involving fraud, dishonesty or moral turpitude (or a crime of similar import in a foreign jurisdiction).

 1.4 “Change in Control” shall mean, as applicable: 

(a) Prior to the common stock of the Company becoming Public Stock (including any transaction pursuant to which the common
stock of the Company first becomes Public Stock), a “Change in Control” of the Company shall mean, in one transaction or a series of related transactions, (A) a Corporate Transaction or a sale of capital stock of the Company by
stockholders of the Company (other than in connection with an Initial Public Offering) with the result immediately after such Corporate Transaction or sale that a single Acquiring Person, together with its affiliates, owns, directly or indirectly,
either a greater number of shares of common stock of the Company (calculated on a fully-diluted basis assuming that all shares of capital stock of the Company that are convertible into common stock of the Company at the then applicable

 
conversion ratio are so converted) than the Initial Stockholders then own or, in the context of a Corporate Transaction in which the Company is not the surviving entity, more voting stock
generally entitled to elect directors of such surviving entity (or in the case of a triangular merger, of the parent entity of such surviving entity) than the Initial Stockholders then own, or (B) the Company sells, leases or exchanges all or
substantially all of its assets to any Acquiring Person or the dissolution or liquidation of the Company other than, in either case, pursuant to a transaction that complies with clause (b)(iii)(1) of this definition. 

(b) After the common stock of the Company becomes Public Stock, a “Change in Control” of the Company shall mean:

 (i) The acquisition by any Acquiring Person of beneficial ownership (within the meaning of Rule 13d-3
promulgated under the Exchange Act) of fifty percent (50%) or more of either (1) the then outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or (2) the combined voting
power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that for purposes of this subsection
(i) any acquisition by any Acquiring Person pursuant to a transaction which complies with clause (b)(iii)(1) of this definition shall not constitute a Change in Control; or 

(ii) Individuals, who, immediately following the time when the common stock of the Company becomes Public Stock,
constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the time when the common stock of the
Company becomes Public Stock whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered for purposes of this
definition as though such individual was a member of the Incumbent Board, but excluding, for these purposes, any such individual whose initial assumption of office as a director occurs as a result of an actual or threatened election contest with
respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of an Acquiring Person other than the Board; or 

(iii) The consummation of a Corporate Transaction unless, following such Corporate Transaction, (1) all or
substantially all of the individuals and entities who were the beneficial owners, respectively, of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Corporate Transaction beneficially own,
directly or indirectly, more than fifty percent (50%) of, respectively, the then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors,
as the case may be, of the Company (if it be the ultimate parent entity following such Corporate Transaction) or the corporation resulting from such Corporate Transaction (or the ultimate parent entity which as a result of such transaction owns the
Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries), and (2) at least a majority of the members of the board of directors

  
 2 

 
of the ultimate parent entity resulting from such Corporate Transaction were members of the Board at the time of the execution of the initial agreement, or of the action of the Board, providing
for such Corporate Transaction. For purposes of the foregoing sentence, only (A) shares of common stock and voting securities of the Company, assuming the Company is the ultimate parent entity following such Corporate Transaction, held by a
beneficial owner immediately prior to such Corporate Transaction and any additional shares of common stock and voting securities of the Company issuable to such beneficial owner in connection with such Corporate Transaction in respect of the shares
of common stock and voting securities of the Company held by such beneficial owner immediately prior to such Corporate Transaction, or (B) shares of common stock and voting securities of the ultimate parent entity following such Corporate
Transaction, assuming the Company is not the ultimate parent entity following such Corporate Transaction, issuable to a beneficial owner in respect of the shares of common stock and voting securities of the Company held by such beneficial owner
immediately prior to such Corporate Transaction, in either case shall be included in determining whether or not the fifty percent (50%) ownership test in this subsection (iii) has been satisfied. 

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

1.6 “Corporate Transaction” shall mean a reorganization, merger or consolidation of the Company, any of
its subsidiaries or sale, lease or other disposition of all or substantially all of the assets of the Company and its subsidiaries, taken as a whole (other than to an entity wholly owned, directly or indirectly, by the Company) or the liquidation or
dissolution of the Company. 
 1.7 “Date of Termination” shall mean the date Executive’s
employment with the Company is considered to have terminated pursuant to Section 3.5. 
 1.8 “Exchange
Act” shall mean the Securities Exchange Act of 1934, as amended. 
 1.9 “Good
Reason” shall mean the occurrence of any of the following events: 
 (a) a material diminution in
Executive’s Base Salary, other than as part of a decrease of up to 10% for all of the Company’s executive officers; or 
 (b) Executive ceases to be employed in the position of Chief Executive Officer of the Company; or 
 (c) the involuntary relocation of the geographic location of Executive’s principal place of employment by more than 75 miles from the location of Executive’s principal place of employment as of
the Effective Date. 
 Notwithstanding the foregoing provisions of this Section 1.9 or any other provision in this Agreement to the
contrary, any assertion by Executive of a termination of employment for “Good Reason” shall not be effective unless all of the following requirements are satisfied: (i) the condition described in Section 1.9(a),
(b) or (c) giving rise to Executive’s termination of employment must have arisen without Executive’s consent; (ii) Executive must provide written notice to the Company of such condition in accordance with Section 11.1
within 45 days of the 

  
 3 

 
initial existence of the condition; (iii) the condition specified in such notice must remain uncorrected for 30 days after receipt of such notice by the Company; and (iv) the date of
Executive’s termination of employment must occur within 90 days after the initial existence of the condition specified in such notice. 
 1.10 “Initial Public Offering” shall mean the initial underwritten public offering and sale of common stock of the Company on a firm commitment basis after which the common
stock of the Company is listed for trading on a national securities exchange registered under section 6(a) of the Exchange Act. 

1.11 “Initial Stockholders” shall mean the stockholders of the Company as of the date of the Stockholders
Agreement and their respective affiliates and Persons who are permitted transferees in accordance with Section 2.2 of the Stockholders Agreement. 
 1.12 “Notice of Termination” shall mean a written notice delivered to the other party indicating the specific termination provision in this Agreement relied upon for
termination of Executive’s employment and the intended Date of Termination and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive’s employment under the provision so
indicated. 
 1.13 “Person” shall mean any natural person, limited liability company,
corporation, limited partnership, general partnership, joint stock company, joint venture, association, company, trust, bank trust company, land trust, business trust, or other organization, whether or not a legal entity, and any government or
agency or political subdivision thereof. 
 1.14 “Public Stock” shall mean shares of
capital stock (including depositary receipts or depositary shares related to common stock or similar ordinary shares) of any Person that are registered under section 12 of the Exchange Act and listed for trading on a national securities exchange
registered under section 6(a) of the Exchange Act. 
 1.15 “Section 409A Payment Date” shall mean
the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company. 

1.16 “Severance Multiple” shall mean two; provided, however, that the Severance Multiple shall mean three
if Executive’s employment hereunder shall terminate on or within two years after the occurrence of a Change in Control. 

1.17 “Stockholders Agreement” shall mean that certain Amended and Restated Stockholders Agreement dated as
of August 2, 2010, among the Company and certain of its stockholders, as the same may be amended or restated from time to time. 
 ARTICLE II 
 EMPLOYMENT AND DUTIES 

2.1 Employment; Effective Date. The Company agrees to employ Executive, and Executive agrees to be employed by the Company,
pursuant to the terms of this Agreement beginning as of August 2, 2010 (the “Effective Date”) and continuing for the period of time set forth in Article III of this Agreement, subject to the terms and conditions of this
Agreement. 

  
 4 

 2.2 Positions. From and after the Effective Date, the Company shall employ
Executive in the position of Chief Executive Officer of the Company or in such other position or positions as the parties mutually may agree. On the Effective Date, the Company and SCF (as such term is defined in the Stockholders Agreement) shall
cause Executive to continue to serve on the Board as a full member and to be elected to serve as Chairman thereof. Thereafter, the Company and, prior to an Initial Public Offering, SCF shall use reasonable efforts to continue to cause Executive to
be nominated to serve on the Board and, prior to an Initial Public Offering, as Chairman of the Board. It is the intention of the parties that Executive will be elected to and will serve on the Board while serving hereunder as President and Chief
Executive Officer of the Company. 
 2.3 Duties and Services. Executive agrees to serve in the position(s)
referred to in Section 2.2 and to perform diligently and to the best of Executive’s abilities the duties and services appertaining to such position(s), as well as such additional duties and services appropriate to such position(s) which
the parties mutually may agree upon from time to time. 
 2.4 Other Interests. Executive agrees, during the period
of Executive’s employment by the Company, to devote substantially all of Executive’s business time, energy and best efforts to the business and affairs of the Company and its affiliates. Notwithstanding the foregoing, the parties
acknowledge and agree that Executive may (a) engage in and manage Executive’s passive personal investments, (b) engage in charitable and civic activities, (c) serve on the board of directors of L. E. Simmons &
Associates, Inc. (“LESA”), or on the board of directors or similar governing body of any affiliate of LESA and (d) serve on the board of directors or similar governing body of those entities set forth on Appendix A
hereto and any other entity otherwise approved by the Board (or a committee thereof); provided, however, that such activities set forth in Section 2.4(a), (b), (c) and (d) shall be permitted so long as such activities do not conflict
with the business and affairs of the Company or interfere with Executive’s performance of Executive’s duties hereunder. 
 2.5 Duty of Loyalty. Executive acknowledges and agrees that Executive owes a fiduciary duty of loyalty, fidelity and allegiance to act in the best interests of the Company and to do no act
that would injure the business, interests, or reputation of the Company or any of its affiliates. In keeping with these duties, Executive shall make full disclosure to the Company of all business opportunities pertaining to the Company’s
business and shall not appropriate for Executive’s own benefit business opportunities concerning the subject matter of the fiduciary relationship. 
 ARTICLE III 
 TERM AND TERMINATION OF EMPLOYMENT 

3.1 Term. Unless sooner terminated pursuant to other provisions hereof, the Company agrees to employ Executive for the
period beginning on the Effective Date and ending on the second anniversary of the Effective Date (the “Initial Expiration Date”); provided, however, that beginning on the Initial Expiration Date, and on each anniversary of
the Initial 

  
 5 

 
Expiration Date thereafter, if Executive’s employment under this Agreement has not been terminated pursuant to Sections 3.2 or 3.3, then said term of employment shall automatically be
extended for an additional one-year period unless on or before the date that is 60 days prior to the first day of any such extension period either party gives written notice to the other that no such automatic extension shall occur, in which case
the term of employment shall terminate as of the Initial Expiration Date or the anniversary of the Initial Expiration Date immediately following the giving of such notice, as applicable. 

3.2 Company’s Right to Terminate. Notwithstanding the provisions of Section 3.1, the Company may terminate
Executive’s employment under this Agreement at any time for any of the following reasons by providing Executive with a Notice of Termination: 
 (a) upon Executive being unable to perform Executive’s duties or fulfill Executive’s obligations under this Agreement by reason of any physical or mental impairment for a continuous period of
not less than three months as determined by the Company and certified in writing by a competent medical physician selected by the Company; or 
 (b) Executive’s death; or 
 (c) for Cause; or 

(d) for any other reason whatsoever or for no reason at all, in the sole discretion of the Company. 

3.3 Executive’s Right to Terminate. Notwithstanding the provisions of Section 3.1, Executive shall have the right
to terminate Executive’s employment under this Agreement for Good Reason or for any other reason whatsoever or for no reason at all, in the sole discretion of Executive, by providing the Company with a Notice of Termination. In the case of a
termination of employment by Executive pursuant to this Section 3.3, the Date of Termination specified in the Notice of Termination shall not be less than 15 nor more than 60 days from the date such Notice of Termination is given, and the
Company may require a Date of Termination earlier than that specified in the Notice of Termination (and, if such earlier Date of Termination is so required, it shall not change the basis for Executive’s termination nor be construed or
interpreted as a termination of employment pursuant to Section 3.1 or Section 3.2). 
 3.4 Deemed
Resignations. Unless otherwise agreed to in writing by the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute (a) an automatic resignation of
Executive as an officer of the Company and each affiliate of the Company and (b) an automatic resignation of Executive from the Board (if applicable), from the board of directors of any affiliate of the Company and from the board of directors
or similar governing body of any corporation, limited liability entity or other entity in which the Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as the Company’s or
such affiliate’s designee or other representative. 

  
 6 

 3.5 Meaning of Termination of Employment. For all purposes of this Agreement,
Executive shall be considered to have terminated employment with the Company when Executive incurs a “separation from service” with the Company within the meaning of section 409A(a)(2)(A)(i) of the Code and applicable administrative
guidance issued thereunder; provided, however, that whether such a separation from service has occurred shall be determined based upon a reasonably anticipated permanent reduction in the level of bona fide services to be performed to no more than
49% of the average level of bona fide services provided in the immediately preceding 36 months. 
 ARTICLE IV 

COMPENSATION AND BENEFITS 
 4.1 Base Salary. During the term of this Agreement, Executive shall receive a minimum, annualized base salary of $625,000 (the “Base Salary”). Executive’s
annualized base salary shall be reviewed at least annually by the Company and, in the sole discretion of the Company, such annualized base salary may be increased (but not decreased) effective as of any date determined by the Company; provided,
however, the Company may decrease Executive’s Base Salary by up to 10% as part of similar reductions applicable to all of the Company’s executive officers. Executive’s Base Salary shall be paid in substantially equal installments in
accordance with the Company’s standard policy regarding payment of compensation to executives but no less frequently than monthly. 
 4.2 Bonuses. For calendar year 2010, Executive shall receive such annual cash incentive bonus as may be determined by the Board in its sole discretion. For calendar years after 2010,
Executive shall be eligible to participate in the Company’s annual cash incentive bonus program, which will provide for a potential annual, calendar-year bonus based on criteria determined in the discretion of the Company (the
“Annual Bonus”), it being understood that the target bonus at planned or targeted levels of performance and the actual amount of each Annual Bonus shall be determined in the discretion of the Company. The Company shall
use commercially reasonable efforts to pay each Annual Bonus with respect to a calendar year on or before March 15 of the following calendar year (and in no event shall an Annual Bonus be paid after December 31 of the following calendar
year); provided, however, that (except as otherwise provided in Section 7.1(b)) Executive will be entitled to receive payment of such Annual Bonus only if Executive is employed by the Company on such date of payment. 

4.3 Stock Options. In connection with and on the date of the consummation of the mergers described in the Combination
Agreement dated as of July 16, 2010, by and among Forum Oilfield Technologies, Inc., Allied Production Services, Inc., Allied Merger Sub, LLC, Global Flow Technologies, Inc., Global Flow Merger Sub, LLC, Subsea Services International, Inc.,
Subsea Merger Sub, LLC, Triton Group Holdings LLC, Triton Merger Sub, LLC and SCF-VII, L.P., the Company shall cause Executive to be granted options to purchase 61,557 shares of Company common stock (the “Options”) under the
Company’s 2010 Stock Incentive Plan (the “Plan”) with an exercise price of $284.29 per share. The Options shall have a ten-year term and become exercisable in cumulative installments of 25% on each anniversary of the
date of grant. The agreement evidencing the Options shall contain the terms described in the preceding sentence and such other terms as the committee administering the Plan shall determine in its sole discretion. 

  
 7 

 4.4 Other Benefits. During Executive’s employment hereunder, Executive
shall be eligible to participate in all benefit plans and programs of the Company, including improvements or modifications of the same, which are now, or may hereafter be, available to other senior executives of the Company. The Company shall not,
however, by reason of this Section 4.4, be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to other senior executives
generally. 
 4.5 Expenses. The Company shall reimburse Executive for all reasonable business expenses incurred by
Executive in performing services hereunder, including all expenses of travel and living expenses while away from home on business or at the request of and in the service of the Company; provided, in each case, that such expenses are incurred and
accounted for in accordance with the policies and procedures established by the Company. Any such reimbursement of expenses shall be made by the Company upon or as soon as practicable following receipt of supporting documentation reasonably
satisfactory to the Company (but in any event not later than the close of Executive’s taxable year following the taxable year in which the expense is incurred by Executive); provided, however, that, upon Executive’s termination of
employment with the Company, in no event shall any additional reimbursement be made prior to the Section 409A Payment Date to the extent such payment delay is required under section 409A(a)(2)(B)(i) of the Code. In no event shall any
reimbursement be made to Executive for such fees and expenses after the later of (a) the first anniversary of the date of Executive’s death or (b) the date that is five years after the date of Executive’s termination of
employment with the Company (other than by reason of Executive’s death). 
 4.6 Vacation and Sick Leave.
During Executive’s employment hereunder, Executive shall be entitled to (a) sick leave in accordance with the Company’s policies applicable to its senior executives and (b) four weeks paid vacation each calendar year (none of
which may be carried forward to a succeeding year). 
 4.7 Offices. Subject to Articles II, III, and IV
hereof, Executive agrees to serve without additional compensation, if elected or appointed thereto, as a director of the Company or any of the Company’s affiliates and as a member of any committees of the board of directors of any such
entities, and in one or more executive positions of any of the Company’s affiliates. 
 ARTICLE V 

PROTECTION OF INFORMATION 
 5.1 Disclosure to and Property of the Company. For purposes of this Article V, the term “the Company” shall include the Company and any of its affiliates, and any reference to
“employment” or similar terms shall include a director and/or consulting relationship. All information, trade secrets, designs, ideas, concepts, improvements, product developments, discoveries and inventions, whether patentable or not,
that are conceived, made, developed, disclosed to or acquired by Executive, individually or in conjunction with others, during the period of Executive’s employment by the Company (whether during business hours or otherwise and whether on the
Company’s premises or otherwise) that relate to the Company’s or any of its affiliates’ businesses, trade secrets, products or services (including, without limitation, all such information relating to corporate opportunities,
strategies, business plans, product specifications, 

  
 8 

 
compositions, manufacturing and distribution methods and processes, research, financial and sales data, pricing terms, evaluations, opinions, interpretations, acquisition prospects, the identity
of customers or their requirements, the identity of key contacts within the customer’s organizations or within the organization of acquisition prospects, or production, marketing and merchandising techniques, prospective names and marks) and
all writings or materials of any type embodying any of such information, ideas, concepts, improvements, discoveries, inventions and other similar forms of expression (collectively, “Confidential Information”) shall be
disclosed to the Company and are and shall be the sole and exclusive property of the Company or its affiliates, as applicable. Moreover, all documents, videotapes, written presentations, brochures, drawings, memoranda, notes, records, files,
correspondence, manuals, models, specifications, computer programs, E-mail, voice mail, electronic databases, maps, drawings, architectural renditions, models and all other writings or materials of any type embodying any of such information, ideas,
concepts, improvements, discoveries, inventions and other similar forms of expression (collectively, “Work Product”) are and shall be the sole and exclusive property of the Company (or its affiliates). Executive agrees to
perform all actions reasonably requested by the Company or its affiliates to establish and confirm such exclusive ownership. Upon termination of Executive’s employment with the Company, for any reason, Executive promptly shall deliver such
Confidential Information and Work Product, and all copies thereof, to the Company. 
 5.2 Disclosure to Executive.
The Company shall disclose to Executive and place Executive in a position to have access to or develop Confidential Information and Work Product of the Company (or its affiliates); and shall entrust Executive with business opportunities of the
Company (or its affiliates); and shall place Executive in a position to develop business good will on behalf of the Company (or its affiliates). 
 5.3 No Unauthorized Use or Disclosure. Executive agrees to preserve and protect the confidentiality of all Confidential Information and Work Product of the Company and its affiliates.
Executive agrees that Executive will not, at any time during or after Executive’s employment with the Company, make any unauthorized disclosure of, and Executive shall not remove from the Company premises, Confidential Information or Work
Product of the Company or its affiliates, or make any use thereof, except, in each case, in the carrying out of Executive’s responsibilities hereunder. Executive shall use all reasonable efforts to cause all persons or entities to whom any
Confidential Information shall be disclosed by Executive hereunder to preserve and protect the confidentiality of such Confidential Information. Executive shall have no obligation hereunder to keep confidential any Confidential Information if and to
the extent disclosure thereof is specifically required by law; provided, however, that in the event disclosure is required by applicable law, Executive shall provide the Company with prompt notice of such requirement prior to making any such
disclosure, so that the Company may seek an appropriate protective order. At the request of the Company at any time, Executive agrees to deliver to the Company all Confidential Information that Executive may possess or control. Executive agrees that
all Confidential Information of the Company (whether now or hereafter existing) conceived, discovered or made by Executive during the period of Executive’s employment by the Company exclusively belongs to the Company (and not to Executive), and
upon request by the Company for specified Confidential Information, Executive will promptly disclose such Confidential Information to the Company and perform all actions reasonably requested by the Company to establish and confirm such exclusive
ownership. Affiliates of the Company shall be third party 

  
 9 

 
beneficiaries of Executive’s obligations under this Article V. As a result of Executive’s employment by the Company, Executive may also from time to time have access to, or knowledge
of, Confidential Information or Work Product of third parties, such as customers, suppliers, partners, joint venturers, and the like, of the Company and its affiliates. Executive also agrees to preserve and protect the confidentiality of such third
party Confidential Information and Work Product. 
 5.4 Ownership by the Company. If, during Executive’s
employment by the Company, Executive creates any work of authorship fixed in any tangible medium of expression that is the subject matter of copyright (such as videotapes, written presentations, or acquisitions, computer programs, E-mail, voice
mail, electronic databases, drawings, maps, architectural renditions, models, manuals, brochures, or the like) relating to the Company’s business, products, or services, whether such work is created solely by Executive or jointly with others
(whether during business hours or otherwise and whether on the Company’s premises or otherwise), including any Work Product, the Company shall be deemed the author of such work if the work is prepared by Executive in the scope of
Executive’s employment; or, if the work relating to the Company’s business, products, or services is not prepared by Executive within the scope of Executive’s employment but is specially ordered by the Company as a contribution to a
collective work, as a part of a motion picture or other audiovisual work, as a translation, as a supplementary work, as a compilation, or as an instructional text, then the work shall be considered to be work made for hire and the Company shall be
the author of the work. If the work relating to the Company’s business, products, or services is neither prepared by Executive within the scope of Executive’s employment nor a work specially ordered that is deemed to be a work made for
hire during Executive’s employment by the Company, then Executive hereby agrees to assign, and by these presents does assign, to the Company all of Executive’s worldwide right, title, and interest in and to such work and all rights of
copyright therein. 
 5.5 Assistance by Executive. During the period of Executive’s employment by the
Company, Executive shall assist the Company and its nominee, at any time, in the protection of the Company’s or its affiliates’ worldwide right, title and interest in and to Confidential Information and Work Product and the execution of
all formal assignment documents requested by the Company or its nominee(s) and the execution of all lawful oaths and applications for patents and registration of copyright in the United States and foreign countries. After Executive’s employment
with the Company terminates, at the request from time to time and expense of the Company or its affiliates, Executive shall assist the Company or its nominee(s) in the protection of the Company’s or its affiliates’ worldwide right, title
and interest in and to Confidential Information and Work Product and the execution of all formal assignment documents requested by the Company or its nominee and the execution of all lawful oaths and applications for patents and registration of
copyright in the United States and foreign countries. 
 5.6 Remedies. Executive acknowledges that money damages
would not be a sufficient remedy for any breach of this Article V by Executive, and the Company or its affiliates shall be entitled to enforce the provisions of this Article V by terminating payments then owing to Executive under this Agreement or
otherwise and to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article V but shall be in addition to all remedies
available at law or in equity, including the recovery of damages from Executive and Executive’s agents. 

  
 10 

 
However, if it is determined that Executive has not committed a breach of this Article V, then the Company shall resume the payments and benefits due under this Agreement and pay to Executive and
Executive’s spouse, if applicable, all payments and benefits that had been suspended pending such determination. 

ARTICLE VI 

STATEMENTS CONCERNING THE COMPANY 
 6.1 Statements Concerning the Company. Executive shall refrain, both during and after the termination of the employment relationship, from publishing any oral or written statements about the
Company, any of its affiliates or any of the Company’s or such affiliates’ directors, officers, employees, consultants, agents or representatives that (a) are slanderous, libelous or defamatory, (b) disclose Confidential
Information of the Company, any of its affiliates or any of the Company’s or any such affiliates’ business affairs, directors, officers, employees, consultants, agents or representatives, or (c) place the Company, any of its
affiliates, or any of the Company’s or any such affiliates’ directors, officers, employees, consultants, agents or representatives in a false light before the public. A violation or threatened violation of this prohibition may be enjoined
by the courts. The rights afforded the Company and its affiliates under this provision are in addition to any and all rights and remedies otherwise afforded by law. 
 ARTICLE VII 
 EFFECT OF TERMINATION OF EMPLOYMENT ON COMPENSATION

 7.1 Effect of Termination of Employment on Compensation. 

(a) If Executive’s employment hereunder shall terminate at the expiration of the term provided in Section 3.1
because Executive provided written notice of non-renewal to the Company, for any reason described in Section 3.2(a), 3.2(b), or 3.2(c) or pursuant to Executive’s resignation for other than Good Reason, then all compensation and all
benefits to Executive hereunder shall terminate contemporaneously with such termination of employment, except that Executive shall be entitled to (i) payment of all accrued and unpaid Base Salary to the Date of Termination,
(ii) reimbursement for all incurred but unreimbursed expenses for which Executive is entitled to reimbursement in accordance with Section 4.5, (iii) payment of all accrued and unused paid vacation for the calendar year in which the
Date of Termination occurs, and (iv) benefits to which Executive is entitled under the terms of any applicable benefit plan or program. 
 (b) If Executive’s employment hereunder shall terminate at expiration of the term provided in Section 3.1 because the Company provided written notice of non-renewal to Executive, pursuant to
Executive’s resignation for Good Reason or by action of the Company pursuant to Section 3.2 for any reason other than those encompassed by Section 3.2(a), 3.2(b), or 3.2(c), then all compensation and all benefits to Executive
hereunder shall terminate contemporaneously with such termination of employment, except that (i) Executive shall be entitled to receive the compensation and benefits described in clauses (i) through (iv) of Section 7.1(a) and
(ii) if, on the Date of Termination, the Company does not have a right to terminate Executive’s employment under Section 3.2(a), 3.2(b), or 3.2(c) and subject to Executive’s delivery, within 50 days

  
 11 

 
after the Date of Termination, and non-revocation of an executed release substantially in the form of the release contained at Appendix B (the “Release”), Executive shall
receive the following additional compensation and benefits from the Company (but no other additional compensation or benefits after such termination): 
 (A) the Company shall pay to Executive any unpaid Annual Bonus for the calendar year ending prior to the Date of Termination, which amount shall be payable in a lump-sum on the date such annual bonuses
are paid to executives who have continued employment with the Company (but in no event earlier than 60 days after the Date of Termination (or, if earlier, the December 31 next following such calendar year) nor later than the December 31
next following such calendar year); 
 (B) the Company shall pay to Executive a bonus for the calendar year in
which the Date of Termination occurs in an amount equal to the Annual Bonus for such year as determined in good faith by the Board in accordance with the criteria established pursuant to Section 4.2 and based on the Company’s performance
for such year, which amount shall be prorated through and including the Date of Termination (based on the ratio of the number of days Executive was employed by the Company during such year to the number of days in such year), payable in a lump-sum
on or before the date such annual bonuses are paid to executives who have continued employment with the Company (but in no event earlier than 60 days after the Date of Termination nor later than the May 15 next following such calendar year);

 (C) the Company shall pay to Executive an amount equal to the Severance Multiple times the sum of
(i) Executive’s Base Salary as of the Date of Termination and (ii) 125% of Executive’s Base Salary as of the Date of Termination, which amount shall be paid in a lump sum payment on the date that is 60 days after the Date of
Termination occurs; and 
 (D) during the portion, if any, of the 18-month period following the Date of
Termination that Executive elects to continue coverage for Executive and Executive’s spouse and eligible dependents, if any, under the Company’s group health plans under the Consolidated Omnibus Budget Reconciliation Act of 1985, as
amended (COBRA), and/or sections 601 through 608 of the Employee Retirement Income Security Act of 1974, as amended, the Company shall promptly reimburse Executive on a monthly basis for the difference between the amount Executive pays to effect and
continue such coverage and the employee contribution amount that active senior executive employees of the Company pay for the same or similar coverage under such group health plans. 

Notwithstanding the time of payment provisions of Section 7.1(b)(ii)(B) above, if Executive is a specified employee (as such term is
defined in section 409A of the Code and as determined by the Company in accordance with any method permitted under section 409A of the Code) and the payment of the amount described in such Section would be subject to additional taxes and
interest under section 409A of the Code because 

  
 12 

 
the timing of such payment is not delayed as provided in section 409A(a)(2)(B)(i) of the Code and the regulations thereunder, then such amount (together with interest on a non-compounded basis,
from the date such payment would have been made had this payment delay not applied to the actual date of payment, at the prime rate of interest announced by Wells Fargo Bank, National Association (or any successor thereto) at its principal office in
Charlotte, North Carolina on the date of Executive’s termination of employment (or the first business day following such date if such termination does not occur on a business day)) shall be paid within five business days after the
Section 409A Payment Date. 
 ARTICLE VIII 
 NON-COMPETITION AGREEMENT 
 8.1 Definitions. As used
in this Article VIII, the following terms shall have the following meanings: 
 “Business” means
(a) during the period of Executive’s employment by the Company, the design, manufacture and supply of products and services for the oil and gas industry provided by the Company and its subsidiaries during such period and other products and
services that are functionally equivalent to the foregoing, and (b) during the portion of the Prohibited Period that begins on the termination of Executive’s employment with the Company, the design, manufacture and supply of products and
services for the oil and gas industry provided by the Company and its subsidiaries at the time of such termination of employment (or, if earlier, at the time immediately preceding the date upon which a Change in Control occurs) and other products
and services that are functionally equivalent to the foregoing. 
 “Competing Business” means any
business, individual, partnership, firm, corporation or other entity (other than an affiliate of the Company, LESA and its affiliates, or another entity in which SCF-V, L.P., a Delaware limited partnership, SCF-VI, L.P., a Delaware limited
partnership, SCF-VII, L.P., a Delaware limited partnership, or any future limited partnership established by an affiliate of LESA has an ownership interest) which wholly or in any significant part engages in any business competing with the Business
in the Restricted Area. In no event will the Company or any of its subsidiaries be deemed a Competing Business. 

“Governmental Authority” means any governmental, quasi-governmental, state, county, city or other political
subdivision of the United States or any other country, or any agency, court or instrumentality, foreign or domestic, or statutory or regulatory body thereof. 
 “Legal Requirement” means any law, statute, code, ordinance, order, rule, regulation, judgment, decree, injunction, franchise, permit, certificate, license, authorization, or other
directional requirement (including, without limitation, any of the foregoing that relates to environmental standards or controls, energy regulations and occupational, safety and health standards or controls including those arising under
environmental laws) of any Governmental Authority. 

  
 13 

 “Prohibited Period” means the period during which Executive is
employed by the Company hereunder and a period of two years following the end of Executive’s employment with the Company. 

“Restricted Area” means any geographical area within 100 miles in which the Company and its
subsidiaries engage in the Business during the period during which Executive is employed hereunder, which such area includes, without limitation, the parishes in Louisiana set forth on Appendix C hereto. 

8.2 Non-Competition; Non-Solicitation. Executive and the Company agree to the non-competition and non-solicitation
provisions of this Article VIII in consideration for the Confidential Information provided by the Company to Executive pursuant to Article V of this Agreement, to protect the trade secrets and confidential information of the Company or its
affiliates disclosed or entrusted to Executive by the Company or its affiliates or created or developed by Executive for the Company or its affiliates, to protect the business goodwill of the Company or its affiliates developed through the efforts
of Executive and/or the business opportunities disclosed or entrusted to Executive by the Company or its affiliates and as an additional incentive for the Company to enter into this Agreement. 

(a) Subject to the exceptions set forth in Section 8.2(b) below, Executive expressly covenants and agrees that during
the Prohibited Period (i) Executive will refrain from carrying on or engaging in, directly or indirectly, any Competing Business in the Restricted Area and (ii) Executive will not, and Executive will cause Executive’s affiliates not
to, directly or indirectly, own, manage, operate, join, become an employee of, partner in, owner or member of (or an independent contractor to), control or participate in, be connected with or loan money to, sell or lease equipment or property to,
or otherwise be affiliated with any business, individual, partnership, firm, corporation or other entity which engages in a Competing Business in the Restricted Area, as Executive expressly agrees that each of the foregoing activities would
represent carrying on or engaging in a Competitive Business, as prohibited by this Section 8.2(a). 
 (b)
Notwithstanding the restrictions contained in Section 8.2(a), Executive or any of Executive’s affiliates may own an aggregate of not more than 2% of the outstanding stock of any class of any corporation engaged in a Competing Business, if
such stock is listed on a national securities exchange or regularly traded in the over-the-counter market by a member of a national securities exchange, without violating the provisions of Section 8.2(a), provided that neither Executive nor any
of Executive’s affiliates has the power, directly or indirectly, to control or direct the management or affairs of any such corporation and is not involved in the management of such corporation. 

(c) Executive further expressly covenants and agrees that during the Prohibited Period, Executive will not, and Executive
will cause Executive’s affiliates not to (i) engage or employ, solicit or contact with a view to the engagement or employment of, or recommend or refer to any person or entity (other than the Company or one of its affiliates) for
engagement or employment any person who is an officer or employee of the Company or any of its affiliates or (ii) canvass, solicit, approach or entice away or cause to be canvassed, solicited, approached or enticed away from the Company or any
of its affiliates any person or entity who or which is a customer of any of such entities during the period during which Executive is employed by the Company. 

  
 14 

 (d) The restrictions contained in Section 8.2 shall not apply to any
product or service that the Company provided during Executive’s employment but that the Company no longer provides at the Date of Termination. Further, notwithstanding the other provisions of this Section 8.2, within the State of Oklahoma,
the restrictions of Sections 8.2(a) and 8.2(c)(ii) shall be limited to preventing Executive from directly soliciting the sale of goods, services or a combination of goods and services from any established customer of the Company, as may exist from
time-to-time. 
 (e) Before accepting employment with any other person or entity while employed by the Company or
during the Prohibited Period, the Executive will inform such person or entity of the restrictions contained in this Article VIII. 
 8.3 Relief. Executive and the Company agree and acknowledge that the limitations as to time, geographical area and scope of activity to be restrained as set forth in Section 8.2 are
reasonable and do not impose any greater restraint than is necessary to protect the legitimate business interests of the Company. Executive and the Company also acknowledge that money damages would not be sufficient remedy for any breach of this
Article VIII by Executive, and the Company or its affiliates shall be entitled to enforce the provisions of this Article VIII by terminating payments then owing to Executive under this Agreement or otherwise and to specific performance and
injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article VIII but shall be in addition to all remedies available at law or in equity, including the
recovery of damages from Executive and Executive’s agents. However, if it is determined that Executive has not committed a breach of this Article VIII, then the Company shall resume the payments and benefits due under this Agreement and pay to
Executive all payments and benefits that had been suspended pending such determination. 
 8.4 Reasonableness;
Enforcement. Executive hereby represents to the Company that Executive has read and understands, and agrees to be bound by, the terms of this Article VIII. Executive acknowledges that the geographic scope and duration of the covenants
contained in this Article VIII are the result of arm’s-length bargaining and are fair and reasonable in light of (a) the nature and wide geographic scope of the operations of the Business, (b) Executive’s level of control over
and contact with the Business in all jurisdictions in which it is conducted, (c) the fact that the Business is conducted throughout the Restricted Area and (d) the amount of Confidential Information that Executive is receiving in connection
with the performance of Executive’s duties hereunder. It is the desire and intent of the parties that the provisions of this Article VIII be enforced to the fullest extent permitted under applicable Legal Requirements, whether now or hereafter
in effect and therefore, to the extent permitted by applicable Legal Requirements, Executive and the Company hereby waive any provision of applicable Legal Requirements that would render any provision of this Article VIII invalid or unenforceable.

  
 15 

 8.5 Reformation. The Company and Executive agree that the foregoing
restrictions are reasonable under the circumstances and that any breach of the covenants contained in this Article VIII would cause irreparable injury to the Company. Executive understands that the foregoing restrictions may limit Executive’s
ability to engage in certain businesses anywhere in the Restricted Area during the Prohibited Period, but acknowledges that Executive will receive sufficient consideration from the Company to justify such restriction. Further, Executive acknowledges
that Executive’s skills are such that Executive can be gainfully employed in non-competitive employment, and that the agreement not to compete will not prevent Executive from earning a living. Nevertheless, if any of the aforesaid restrictions
are found by a court of competent jurisdiction to be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable, the parties intend for the restrictions herein set forth to be modified by the court making such
determination so as to be reasonable and enforceable and, as so modified, to be fully enforced. By agreeing to this contractual modification prospectively at this time, the Company and Executive intend to make this provision enforceable under the
law or laws of all applicable States, Provinces and other jurisdictions so that the entire agreement not to compete and this Agreement as prospectively modified shall remain in full force and effect and shall not be rendered void or illegal. Such
modification shall not affect the payments made to Executive under this Agreement. 
 ARTICLE IX 

DISPUTE RESOLUTION 
 9.1 Arbitration. All claims or disputes between Executive and the Company or its parents, subsidiaries and affiliates (including, without limitation, claims relating to the validity, scope,
and enforceability of this Article IX and claims arising under any federal, state or local law regarding the terms and conditions of employment or prohibiting discrimination in employment or governing the employment relationship in any way) shall be
submitted for final and binding arbitration in Houston, Texas in accordance with the then-applicable rules for resolution of employment disputes of the American Arbitration Association (“AAA”). The arbitration shall be
conducted by a single arbitrator chosen pursuant to the then-applicable rules for resolution of employment disputes of the AAA, and the Company shall bear the costs of such arbitration. For the avoidance of doubt, the Company’s assumption of
costs referenced in the previous sentence applies to the costs of the AAA only, and does not include attorney or expert fees or other fees or costs incurred by Executive. The arbitrator shall apply the substantive law of the State of Texas
(excluding Texas choice-of-law principles that might call for the application of some other state’s law), or federal law, or both as applicable to the claims asserted. The results of the arbitration and the decision of the arbitrator will be
final and binding on the parties and each party agrees and acknowledges that these results shall be enforceable in a court of law. No demand for arbitration may be made after the date when the institution of legal or equitable proceedings based on
such claim or dispute would be barred by the applicable statute(s) of limitations. In the event either party must resort to the judicial process to enforce the provisions of this Agreement, the award of an arbitrator or equitable relief granted by
an arbitrator, the party successfully seeking enforcement shall be entitled to recover from the other party all costs of such litigation including, but not limited to, reasonable attorneys fees and court costs. To the fullest extent permitted by
law, all proceedings conducted pursuant to this agreement to arbitrate, including any order, decision or award of the arbitrator, shall be kept confidential by all parties. Notwithstanding the foregoing, Executive and the Company further

  
 16 

 
acknowledge and agree that a court of competent jurisdiction residing in Houston, Texas shall have the power to maintain the status quo pending the arbitration of any dispute under this Article
IX, and this Article IX shall not require the arbitration of any application for emergency, temporary or preliminary injunctive relief (including temporary restraining orders) by either party pending arbitration, including, without limitation, any
application for emergency, temporary or preliminary injunctive relief for any claim arising out of Article V or Article VIII of this Agreement; provided, however, that the remainder of any such dispute beyond the application for such emergency,
temporary or preliminary injunctive relief shall be subject to arbitration under this Article IX. THE PARTIES ACKNOWLEDGE THAT, BY SIGNING THIS AGREEMENT, THEY ARE KNOWINGLY AND VOLUNTARILY WAIVING ANY RIGHTS THAT THEY MAY HAVE TO A JURY TRIAL
OR, EXCEPT AS EXPRESSLY PROVIDED HEREIN, A COURT TRIAL OF ANY CLAIM THAT IS SUBJECT TO THIS ARTICLE IX. 
 ARTICLE X

 CERTAIN EXCISE TAXES 
 10.1 Certain Excise Taxes. Notwithstanding anything to the contrary in this Agreement, if Executive is a “disqualified individual” (as defined in section 280G(c) of the Code), and
the payments and benefits provided for in this Agreement, together with any other payments and benefits which Executive has the right to receive from the Company or any of its affiliates, would constitute a “parachute payment” (as defined
in section 280G(b)(2) of the Code), then the payments and benefits provided for in this Agreement shall be either (a) reduced (but not below zero) so that the present value of such total amounts and benefits received by Executive from the
Company and its affiliates will be one dollar ($1.00) less than three times Executive’s “base amount” (as defined in section 280G(b)(3) of the Code) and so that no portion of such amounts and benefits received by Executive shall be
subject to the excise tax imposed by section 4999 of the Code or (b) paid in full, whichever produces the better net after-tax position to Executive (taking into account any applicable excise tax under section 4999 of the Code and any other
applicable taxes). The reduction of payments and benefits hereunder, if applicable, shall be made by reducing, first, payments or benefits to be paid in cash hereunder in the order in which such payment or benefit would be paid or provided
(beginning with such payment or benefit that would be made last in time and continuing, to the extent necessary, through to such payment or benefit that would be made first in time) and, then, reducing any benefit to be provided in-kind hereunder in
a similar order. The determination as to whether any such reduction in the amount of the payments and benefits provided hereunder is necessary shall be made by the Company in good faith. If a reduced payment or benefit is made or provided and
through error or otherwise that payment or benefit, when aggregated with other payments and benefits from the Company (or its affiliates) used in determining if a “parachute payment” exists, exceeds one dollar ($1.00) less than three times
Executive’s base amount, then Executive shall immediately repay such excess to the Company upon notification that an overpayment has been made. Nothing in this Section 10.1 shall require the Company to be responsible for, or have any
liability or obligation with respect to, Executive’s excise tax liabilities under section 4999 of the Code. Notwithstanding the foregoing, if shareholder approval (obtained in a manner that satisfies the requirements of section 280G(b)(5) of
the Code) of a payment or benefit to be provided to Executive by the Company or any other person (whether under this Agreement or otherwise) would prevent Executive from receiving a “parachute payment” (as defined in section

  
 17 

 
280G(b)(2) of the Code), then, upon the request of Executive and his agreement (to the extent necessary) to subject his entitlement to the receipt of such payment or benefit to shareholder
approval, the Company shall seek such approval in a manner that satisfies the requirements of section 280G of the Code and the regulations thereunder. 
 ARTICLE XI 
 MISCELLANEOUS 

11.1 Notices. For purposes of this Agreement, notices and all other communications provided for herein shall be in writing
and shall be deemed to have been duly given (a) when received if delivered personally or by courier, (b) on the date receipt is acknowledged if delivered by certified mail, postage prepaid, return receipt requested or (c) one day
after transmission if sent by facsimile transmission with confirmation of transmission, as follows: 
  

			
	If to Executive, addressed to:	  	C. Christopher Gaut
		  	805 Kuhlman Road
		  	Houston, Texas 77024
		
	If to the Company, addressed to:	  	Forum Energy Technologies, Inc.
		  	8807 West Sam Houston Parkway North
		  	Suite 200
		  	Houston, Texas 77040
		  	Attention: Chief Executive Officer
		
		  	Facsimile:                     

or to such other address as either party may furnish to the other in writing in accordance herewith, except that notices or changes of address shall be
effective only upon receipt. 
 11.2 Applicable Law; Submission to Jurisdiction. 

(a) This Agreement is entered into under, and shall be governed for all purposes by, the laws of the State of Texas,
without regard to conflicts of laws principles thereof. 
 (b) With respect to any claim or dispute related to or
arising under this Agreement, the parties hereto hereby consent to the exclusive jurisdiction, forum and venue of the state and federal courts located in Harris County, Texas. 
 11.3 No Waiver. No failure by either party hereto at any time to give notice of any breach by the other party of, or to require compliance with, any condition or provision of this Agreement
shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. 

11.4 Severability. If a court of competent jurisdiction determines that any provision of this Agreement is invalid or
unenforceable, then the invalidity or unenforceability of that provision shall not affect the validity or enforceability of any other provision of this Agreement, and all other provisions shall remain in full force and effect. 

  
 18 

 11.5 Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall be deemed to be an original, but all of which together will constitute one and the same Agreement. 

11.6 Withholding of Taxes and Other Employee Deductions. The Company may withhold from any benefits and payments made
pursuant to this Agreement all federal, state, city and other taxes and withholdings as may be required pursuant to any law or governmental regulation or ruling and all other customary deductions made with respect to the Company’s employees
generally. 
 11.7 Headings. The Section headings have been inserted for purposes of convenience and shall not be
used for interpretive purposes. 
 11.8 Gender and Plurals. Wherever the context so requires, the masculine gender
includes the feminine or neuter, and the singular number includes the plural and conversely. 
 11.9 Affiliate and
Subsidiary. As used in this Agreement, (a) the term “affiliate” as used with respect to a particular person or entity shall mean any other person or entity which owns or controls, is owned or controlled by, or is
under common ownership or control with, such particular person or entity and (b) the term “subsidiary” as used with respect to a particular entity shall mean a direct or indirect subsidiary of such entity. 

11.10 Successors. This Agreement shall be binding upon and inure to the benefit of the Company and any successor of the
Company. Except as provided in the preceding sentence, this Agreement, and the rights and obligations of the parties hereunder, are personal and neither this Agreement, nor any right, benefit or obligation of either party hereto, shall be subject to
voluntary or involuntary assignment, alienation or transfer, whether by operation of law or otherwise, without the prior written consent of the other party. In addition, any payment owed to Executive hereunder after the date of Executive’s
death shall be paid to Executive’s estate. 
 11.11 Term. Termination of this Agreement shall not affect any
right or obligation of any party which is accrued or vested prior to such termination. Without limiting the scope of the preceding sentence, the provisions of Articles V, VI, VII, VIII and IX shall survive any termination of the employment
relationship and/or of this Agreement. 
 11.12 Entire Agreement. Except as provided in any signed written
agreement contemporaneously or hereafter executed by the Company and Executive, this Agreement constitutes the entire agreement of the parties with regard to the subject matter hereof, and contains all the covenants, promises, representations,
warranties and agreements between the parties with respect to employment of Executive by the Company. Without limiting the scope of the preceding sentence, all understandings and agreements preceding the date of execution of this Agreement and
relating to the subject matter hereof including, without limitation, any prior employment agreement between Executive and the Company or an affiliate, are hereby null and void and of no further force and effect. 

11.13 Modification; Waiver. Any modification to or waiver of this Agreement will be effective only if it is in writing and
signed by the parties to this Agreement. 

  
 19 

 11.14 Actions by the Board. Any and all determinations or other actions
required of the Board hereunder that relate specifically to Executive’s employment by the Company or the terms and conditions of such employment shall be made by the members of the Board other than Executive if Executive is a member of the
Board, and Executive shall not have any right to vote or decide upon any such matter. 
 11.15 Executive’s
Representations and Warranties. Executive represents and warrants to the Company that (a) Executive does not have any agreements with Executive’s prior employer that will prohibit Executive from working for the Company or
fulfilling Executive’s duties and obligations to the Company pursuant to this Agreement and (b) Executive has complied with all duties imposed on Executive with respect to Executive’s former employer, e.g., Executive does not possess
any tangible property belonging to Executive’s former employer. 
 11.16 Delayed Payment Restriction.
Notwithstanding any provision in this Agreement to the contrary, if any payment or benefit provided for herein would be subject to additional taxes and interest under section 409A of the Code if Executive’s receipt of such payment or benefit is
not delayed until the Section 409A Payment Date, then such payment or benefit shall not be provided to Executive (or Executive’s estate, if applicable) until the Section 409A Payment Date. 

[Signatures begin on next page.] 

  
 20 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
August 2, 2010. 
  

			
	FORUM ENERGY TECHNOLOGIES, INC.
		
	By:	 	 /s/ James Harris

		 	James Harris
		 	Senior Vice President and Chief Financial Officer
	
	C. CHRISTOPHER GAUT
	
	 /s/ C. Christopher Gaut

  
 21 

 APPENDIX A 

PERMITTED ACTIVITIES 
 As
of the Effective Date, Executive is serving on the board of directors or similar governing body of the following entities: 
 ENSCO PLC

  
 A-1

 APPENDIX B 

RELEASE AGREEMENT 
 This Release Agreement (this “Agreement”) constitutes the release referred to in that certain Employment Agreement (the “Employment Agreement”) dated as of
            , 20__, by and between C. Christopher Gaut (“Executive”) and Forum Energy Technologies, Inc., a Delaware corporation (the
“Company”). 
 1. General Release. 

(a) For good and valuable consideration, including the Company’s provision of certain payments and benefits to Executive in
accordance with Section 7.1(b)(ii) of the Employment Agreement, Executive hereby releases, discharges and forever acquits the Company, its affiliates and subsidiaries, the past, present and future stockholders, members, partners, directors,
managers, employees, agents, attorneys, heirs, legal representatives, successors and assigns of the foregoing, as well as all employee benefit plans maintained by the Company or any of its affiliates or subsidiaries and all fiduciaries and
administrators of any such plan, in their personal and representative capacities (collectively, the “Company Parties”), from liability for, and hereby waives, any and all claims, rights, damages, or causes of action of any
kind related to Executive’s employment with any Company Party, the termination of such employment, and any other acts or omissions related to any matter on or prior to the date of this Agreement (collectively, the “Released
Claims”). 
 (b) The Released Claims include without limitation those arising under or related to: (i) the Age
Discrimination in Employment Act of 1967; (ii) Title VII of the Civil Rights Act of 1964; (iii) the Civil Rights Act of 1991; (iv) sections 1981 through 1988 of Title 42 of the United States Code; (v) the Employee Retirement
Income Security Act of 1974, including, but not limited to, sections 502(a)(1)(A), 502(a)(1)(B), 502(a)(2), and 502(a)(3) to the extent the release of such claims is not prohibited by applicable law; (vi) the Immigration Reform Control Act;
(vii) the Americans with Disabilities Act of 1990; (viii) the National Labor Relations Act; (ix) the Occupational Safety and Health Act; (x) the Family and Medical Leave Act of 1993; (xi) any state or federal
anti-discrimination law; (xii) any state or federal wage and hour law; (xiii) any other local, state or federal law, regulation or ordinance; (xiv) any public policy, contract, tort, or common law; (xv) costs, fees, or other
expenses including attorneys’ fees incurred in these matters; (xvi) any employment contract, incentive compensation plan or stock option plan with any Company Party or to any ownership interest in any Company Party except as expressly
provided in the Employment Agreement and any stock option or other equity compensation agreement between Executive and the Company; and (xvii) compensation or benefits of any kind not expressly set forth in the Employment Agreement or any such
stock option or other equity compensation agreement. 
 (c) In no event shall the Released Claims include (i) any claim
which arises after the date of this Agreement, or (ii) any claims for the payments and benefits payable to Executive under Section 7.1(b)(ii) of the Employment Agreement. 

  
 B-1

 (d) Notwithstanding this release of liability, nothing in this Agreement prevents Executive
from filing any non-legally waivable claim (including a challenge to the validity of this Agreement) with the Equal Employment Opportunity Commission (“EEOC”) or comparable state or local agency or participating in any
investigation or proceeding conducted by the EEOC or comparable state or local agency; however, Executive understands and agrees that Executive is waiving any and all rights to recover any monetary or personal relief or recovery as a result of such
EEOC, or comparable state or local agency proceeding or subsequent legal actions. 
 (e) This Agreement is not intended to
indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, Executive is simply agreeing that, in exchange for the consideration recited in the first sentence of Section 1(a) of this Agreement, any and all
potential claims of this nature that Executive may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waived. 
 (f) By signing this Agreement, Executive is bound by it. Anyone who succeeds to Executive’s rights and responsibilities, such as heirs or the executor of Executive’s estate, is also bound by
this Agreement. This release also applies to any claims brought by any person or agency or class action under which Executive may have a right or benefit. THIS RELEASE INCLUDES MATTERS ATTRIBUTABLE TO THE SOLE OR PARTIAL NEGLIGENCE (WHETHER GROSS
OR SIMPLE) OR OTHER FAULT, INCLUDING STRICT LIABILITY, OF ANY OF THE COMPANY PARTIES. 
 2. Covenant Not to Sue;
Executive’s Representation. Executive agrees not to bring or join any lawsuit against any of the Company Parties in any court relating to any of the Released Claims. Executive represents that Executive has not brought or joined any
claim, lawsuit or arbitration against any of the Company Parties in any court or before any administrative agency or arbitral authority and has made no assignment of any rights Executive has asserted or may have against any of the Company Parties to
any person or entity, in each case, with respect to any Released Claims. Executive expressly represents that, as of the date Executive executes this Agreement, Executive has been provided all leaves (paid and unpaid) and paid all wages and
compensation owed to Executive by the Company Parties with the exception of all payments owed as a condition of Executive’s executing (and not revoking) this Agreement. 
 3. Acknowledgments. By executing and delivering this Agreement, Executive acknowledges that: 
 (a) Executive has carefully read this Agreement; 
 (b) Executive has had at least
[twenty-one (21)] [forty-five (45)] days to consider this Agreement before the execution and delivery hereof to the Company [Add if 45 days applies: , and Executive acknowledges that attached to this Agreement is a list of (i) the job titles
and ages of all employees selected for participation in the employment termination or exit incentive program pursuant to which Executive is being offered this Agreement, (ii) the job titles and ages of all employees in the same job
classification or organizational unit who were not selected for participation in the program, and (iii) information about the unit affected by the program, including any eligibility factors for such program and any time limits applicable to
such program]; 

  
 B-2

 (c) Executive has been and hereby is advised in writing that Executive may, at
Executive’s option, discuss this Agreement with an attorney of Executive’s choice and that Executive has had adequate opportunity to do so; and 
 (d) Executive fully understands the final and binding effect of this Agreement; the only promises made to Executive to sign this Agreement are those stated in the Employment Agreement and herein; and
Executive is signing this Agreement voluntarily and of Executive’s own free will, and that Executive understands and agrees to each of the terms of this Agreement. 
 4. Revocation Right. Executive may revoke this Agreement within the seven day period beginning on the date Executive signs this Agreement (such seven day period being referred to herein as
the “Release Revocation Period”). To be effective, such revocation must be in writing signed by Executive and must be delivered to the Chief Executive Officer of the Company before 11:59 p.m., Houston, Texas time, on the last
day of the Release Revocation Period. This Agreement is not effective, and no consideration shall be paid to Executive, until the expiration of the Release Revocation Period without Executive’s revocation. If an effective revocation is
delivered in the foregoing manner and timeframe, this Agreement shall be of no force or effect and shall be null and void ab initio. 
 Executed on this      day of                 ,
            . 
  

			
		 	  

		 	C. CHRISTOPHER GAUT

  

			
	STATE OF                           
 	  	§
		
		  	§
		
	COUNTY OF                           
 	  	§

 BEFORE ME, the undersigned
authority personally appeared C. Christopher Gaut, by me known or who produced valid identification as described below, who executed the foregoing instrument and acknowledged before me that he subscribed to such instrument on this
     day of                 ,             . 

 

	
	  

	
	NOTARY PUBLIC in and for the
	
	State of
                            
	
	My Commission Expires:
                            
	
	Identification produced:

  
 B-3

 APPENDIX C 

RESTRICTED AREA 
 The
following parishes in the State of Louisiana: 
 Caddo 
 Iberia 
 Lafayette 
 St. Martin 

  
 C-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00194-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00194-of-00352.parquet"}]]