Document:

Amend #1 to Intercreditor Agreement

 Exhibit 10.9 
 AMENDMENT NO. 1 
 TO 
 INTERCREDITOR AGREEMENT 
 This AMENDMENT NO. 1 to the INTERCREDITOR AGREEMENT
(as defined below), dated as of November 2, 2007 (this “Amendment”), is entered into among MERRILL LYNCH CAPITAL, a division of MERRILL LYNCH BUSINESS FINANCIAL SERVICES INC., as collateral agent and administrative agent for
the banks and other financial institutions party to the ABL Credit Agreement (the “ABL Agent”), and MERRILL LYNCH CAPITAL CORPORATION, as collateral agent and administrative agent for the banks and other financial institutions party
to the Cash Flow Credit Agreement (the “Cash Flow Agent”) and amends the Intercreditor Agreement. Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Intercreditor
Agreement. 
 W I T N E S S E T H: 
 WHEREAS, the Intercreditor Agreement dated as of August 30, 2007 (as may be further amended, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”) was entered into among
the ABL Agent and Cash Flow Agent and consented to by HD Supply, Inc., a Delaware corporation; 
 WHEREAS, Section 7.4 of
the Intercreditor Agreement provides that the Intercreditor Agreement may be amended, modified and waived from time to time; 
 NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged), the parties hereto hereby agree as follows:

 SECTION ONE        Amendments. 
 1.     Section 1.1 of the Intercreditor Agreement is amended as follows: 
 (i)    The definition of “ABL Agent” shall be amended by deleting “or “Collateral Agent”
under the ABL Credit Agreement” and replacing it with “or “U.S. ABL Collateral Agent” under the ABL Credit Agreement, provided that the ABL Credit Agreement may, from time to time, designate the ABL Agent to be one or more of
such Agent, Administrative Agent and/or U.S. ABL Collateral Agent.” 
 (ii)   The definition of “ABL
Documents” shall be amended by adding “any Specified Bank Products Agreement” after the reference therein to “ABL Bank Products Affiliate,”. 
 (iii)  The definition of “ABL Priority Collateral” shall be amended by deleting the reference therein to
“directly” and replacing it with “to the extent”. 
 (iv)  The definition of “Cash Flow
Facilities Priority Collateral” shall be amended by deleting the reference therein to “directly” and replacing it with “to the extent”. 

 (v)   A new definition of “Specified Bank Products Agreements”
shall be added to read in its entirety as follows: 
 “Specified Bank Products Agreement”: any Bank Products Agreement with
JPMorgan Chase Bank, N.A., SunTrust Banks, Inc., Wells Fargo & Company, Bank of America, N.A., Wachovia Bank, National Association, Scotiabank, The Toronto-Dominion Bank, Bank of Montreal or any of their respective affiliates, in effect on
the Closing Date or entered into at any time thereafter (provided that, to the extent permitted by law, any Specified Bank Products Agreement amended after the date that is 60 days (or such longer period if agreed by the Administrative Agent)
following the Closing Date and any Specified Bank Products Agreement entered into on or after the Closing Date shall not permit set off of any obligations owing to the applicable provider against cash balances under such Specified Bank Products
Agreement, unless such provider is at the time of such amendment or agreement an Agent, Other Representative, Lender or affiliate of any of the foregoing). 
 2.     Section 3.2 of the Intercreditor Agreement shall be amended by deleting clauses (a) and (b) thereto, renumbering the existing clause (c) as clause (e), and adding
new clauses (a), (b), (c) and (d) as follows: 
 “(a) The Cash Flow Agent, for and on behalf of itself and the
Secured Parties, agrees to hold all Cash Collateral, Common Mortgaged Collateral and Control Collateral in its possession, custody, or control (or in the possession, custody, or control of agents or bailees therefor) as agent for the Secured Parties
solely for the purpose of perfecting the security interest granted to each Secured Party Agent or Secured Party in such Cash Collateral, Common Mortgaged Collateral and Control Collateral, subject to the terms and conditions of this
Section 3.2. The Cash Flow Agent shall not have any obligation whatsoever to the other Secured Parties to assure that such Cash Collateral, Common Mortgaged Collateral and Control Collateral is genuine or owned by any Credit Party or any other
Person or to preserve rights or benefits of any Person therein except as set forth in the preceding sentence. The duties or responsibilities of the Cash Flow Agent under this Section 3.2 are and shall be limited solely to holding or maintaining
control of such Cash Collateral, Common Mortgaged Collateral and Control Collateral as agent for the other Parties for purposes of perfecting the Lien held by the Secured Parties. The Cash Flow Agent is not and shall not be deemed to be a fiduciary
of any kind for any Secured Party or any other Person. 
 (b) The ABL Agent, for and on behalf of itself and the Secured
Parties, agrees to hold all Cash Collateral, Common Mortgaged Collateral and Control Collateral in its possession, custody, or control (or in the possession, custody, or control of agents or bailees therefor) as agent for the Secured Parties solely
for the purpose of perfecting the security interest granted to each Secured Party Agent or Secured Party in such Cash Collateral, Common Mortgaged Collateral and Control Collateral, subject to the terms and conditions of this Section 3.2. The
ABL Agent shall not have any obligation whatsoever to the other Secured Parties to assure that such Cash Collateral, Common Mortgaged Collateral and Control Collateral is genuine or owned by any Credit Party or any other Person or to preserve rights
or benefits of any Person therein except as set forth in the preceding sentence. The duties or responsibilities of the ABL Agent under this Section 3.2 are and shall be limited solely to holding or maintaining control of such Cash Collateral,
Common Mortgaged Collateral and Control Collateral as agent for the other Parties for purposes of perfecting the Lien held by the Secured Parties. The ABL Agent is not and shall not be deemed to be a fiduciary of any kind for any Secured Party or
any other Person. 

 (c) Each Secured Party Agent agrees that (i) until the Discharge of Cash Flow
Obligations, the Cash Flow Agent shall hold all Cash Collateral, Control Collateral and Common Mortgaged Collateral (in each case, to the extent constituting Cash Flow Priority Collateral) as agent for the other Secured Parties, (ii) after the
Discharge of the Cash Flow Obligations and until the Discharge of the Additional Obligations, any Additional Agent (if designated by the Requisite Secured Parties to act on behalf of the Agents hereunder) shall hold all Cash Collateral, Control
Collateral and Common Mortgage Collateral (in each case, to the extent constituting Cash Flow Priority Collateral) as agent for the other Secured Parties and (iii) after the Discharge of the Cash Flow Obligations and the Discharge of the
Additional Obligations, the ABL Agent (if designated by the Requisite Secured Parties to act on behalf of the Agents hereunder) shall hold all Cash Collateral, Control Collateral and Common Mortgage Collateral (in addition to any Cash Collateral,
Control Collateral or Common Mortgage Collateral that constitutes ABL Priority Collateral (other than the ABL Canadian Collateral)) as agent for the other Secured Parties. 
 (d) Each Secured Party Agent agrees that (i) until the Discharge of ABL Obligations, the ABL Agent shall hold all Cash Collateral,
Control Collateral and Common Mortgaged Collateral (in each case, to the extent constituting ABL Priority Collateral (other than the ABL Canadian Collateral)) as agent for the other Secured Parties and (ii) after the Discharge of the ABL
Obligations, the Cash Flow Agent (if designated by the Requisite Secured Parties to act on behalf of the Agents hereunder) shall hold all Cash Collateral, Control Collateral and Common Mortgage Collateral (in addition to any Cash Collateral, Control
Collateral or Common Mortgage Collateral that constitutes Cash Flow Priority Collateral) as agent for the other Secured Parties.” 
 3.     Section 3.4 of the Intercreditor Agreement shall be amended by deleting the last three sentences of such Section and replacing them with the following: 
 “The Secured Parties agree that the ABL Agent shall have the right, as against any Secured Party, to adjust or settle insurance
claims relating to ABL Priority Collateral in the event of any covered loss, theft or destruction of ABL Priority Collateral. The Secured Parties agree that the Cash Flow Agent shall have the right, as against any Secured Party, to adjust or settle
insurance claims relating to Cash Flow Facilities Priority Collateral in the event of any covered loss, theft or destruction of Cash Flow Facilities Priority Collateral. If any of such insurance claims relate to both ABL Priority Collateral and Cash
Flow Facilities Priority Collateral, any settlement of such claims shall be subject to the consent of each of the ABL Agent and the Cash Flow Agent (each acting in its sole discretion). Each of the Cash Flow Agent and ABL Agent shall cooperate (if
necessary) in a reasonable manner in effecting the payment of insurance proceeds (other than insurance proceeds relating to ABL Canadian Collateral) in accordance with Section 4.1 hereof” 
 4.     Section 6.3(a) of the Intercreditor Agreement shall be amended by adding “in the form of replacement
liens” after the first reference therein to “above)” and after the reference therein to “Proceeding)”. 
 5.     Section 6.3(b) of the Intercreditor Agreement shall be amended by adding “in the form of replacement liens” after the first reference therein to “above)” and after the reference
therein to “Proceeding)”. 

 6.     Section 6.3(c) of the Intercreditor Agreement shall be amended by
adding “in the form of replacement liens” after the first reference therein to “above)” and after the reference therein to “Proceeding)”. 
 SECTION TWO            Conditions to Effectiveness. This Amendment shall become effective when the ABL Agent and the Cash Flow Agent shall have
executed a counterpart of this Amendment. 
 SECTION THREE        Reference to and Effect on the
Intercreditor Agreement. On and after giving effect to this Amendment, each reference in the Intercreditor Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import referring to the Intercreditor
Agreement, and each reference in each of the Loan Documents to “the Intercreditor Agreement,” “thereunder,” “thereof” or words of like import referring to the Intercreditor Agreement, shall mean and be a reference to
the Intercreditor Agreement as amended by this Amendment. The Intercreditor Agreement, as specifically amended by this Amendment, is and shall continue to be in full force and effect and is hereby in all respects ratified and confirmed. The
execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or any Agent under any of the Loan Documents, nor constitute a waiver of any
provision of any of the Loan Documents. 
 SECTION FOUR          Costs and Expenses.
Each of the Borrowers jointly and severally agree to pay all reasonable out-of-pocket costs and expenses of the ABL Agent and the Cash Flow Agent incurred in connection with the preparation, execution and delivery of this Amendment and the other
instruments and documents to be delivered hereunder, if any (including, without limitation, the reasonable fees and expenses of Cahill Gordon & Reindel LLP, counsel to the ABL Agent and the Cash Flow Agent). 
 SECTION FIVE            Execution in Counterparts. This Amendment 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 but one and the same agreement. Delivery of an
executed counterpart of a signature page to this Amendment by telecopier or electronic mail shall be effective as delivery of a manually executed counterpart of this Amendment. 
 SECTION SIX               Governing Law. THIS AMENDMENT AND THE
RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT
SUCH PRINCIPLES OR RULES ARE NOT MANDATORILY APPLICABLE BY STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION. 
 [Signature Pages Follow] 

			
	MERRILL LYNCH CAPITAL, A DIVISION OF MERRILL LYNCH BUSINESS FINANCIAL SERVICES INC., as ABL Agent
		
	By:	 	 /s/ Ted Denniston

		 	Name:    Ted Denniston
		 	Title:      Vice President
	
	MERRILL LYNCH CAPITAL CORPORATION, as Cash Flow Agent
		
	By:	 	 /s/ Don Burkitt

		 	Name:    Don Burkitt
		 	Title:      Vice PresidentGuarantee and Reimbursement Agreement

 Exhibit 10.10 
 EXECUTION COPY 
 GUARANTEE AND REIMBURSEMENT AGREEMENT 
 made by 
 The Home Depot, Inc., 

 as Guarantor 
 and

 HD Supply, Inc. and the Other Guarantors 
 in favor of 
 Merrill Lynch Capital Corporation, 
 as Administrative Agent 
 Dated as of
August 30, 2007 

 TABLE OF CONTENTS 
  

							
	 	 	 	  	 	  	Page
		
	ARTICLE I         Definitions	  	1
		 	 Section 1.01
	  	Defined Terms	  	1
		 	 Section 1.02
	  	Accounting Terms and Determinations	  	10
		
	ARTICLE II        Guarantee	  	10
		 	 Section 2.01
	  	Guarantee	  	10
		 	 Section 2.02
	  	No Limitations, Etc	  	11
		 	Section 2.03	  	Reinstatement	  	11
		 	Section 2.04	  	Further Agreements	  	11
		 	Section 2.05	  	Amendments with respect to the Guaranteed Obligations	  	11
		 	Section 2.06	  	Maximum Liability	  	12
		 	Section 2.07	  	Payments	  	12
		
	ARTICLE III      Reimbursement, Indemnity and Subrogation	  	12
		 	Section 3.01	  	Reimbursement, Indemnity and Subrogation	  	12
		 	Section 3.02	  	Subordination	  	14
		
	ARTICLE IV      Covenants of the Borrower, the Guaranteed Term Lenders and the Other Guarantors	  	15
		 	Section 4.01	  	Future Other Guarantors	  	15
		 	Section 4.02	  	Amendments to Loan Documents	  	15
		 	Section 4.03	  	Limitation on Secured Indebtedness	  	16
		 	Section 4.04	  	Limitation on Dividends	  	17
		 	Section 4.05	  	Information	  	18
		
	ARTICLE V        Representations and Warranties of the Guarantor	  	18
		 	Section 5.01	  	Corporate Existence and Power	  	18
		 	Section 5.02	  	Corporate and Governmental Authorization; No Contravention	  	18
		 	Section 5.03	  	Binding Effect	  	19
		 	Section 5.04	  	Financial Information	  	19
		 	Section 5.05	  	No Litigation	  	19
		 	Section 5.06	  	Compliance with ERISA	  	19
		 	Section 5.07	  	Compliance with Laws; Payment of Taxes	  	19
		 	Section 5.08	  	Significant Subsidiaries	  	19
		 	Section 5.09	  	Investment Company Act	  	20

							
		  	Section 5.10	  	[Reserved]	  	20
		  	Section 5.11	  	Ownership of Property; Liens	  	20
		  	Section 5.12	  	No Default	  	20
		  	Section 5.13	  	Full Disclosure	  	20
		  	Section 5.14	  	Environmental Matters	  	20
		  	Section 5.15	  	Capital Stock	  	21
		  	Section 5.16	  	[Reserved]	  	21
		  	Section 5.17	  	Solvency	  	21
		
	ARTICLE VI      Representations and Warranties of Borrower	  	21
		
	ARTICLE VII     Covenants of the Guarantor	  	21
		  	Section 7.01	  	Information	  	21
		  	Section 7.02	  	Inspection of Property, Books and Records	  	23
		  	Section 7.03	  	Negative Pledge	  	23
		  	Section 7.04	  	Maintenance of Existence	  	24
		  	Section 7.05	  	Consolidations, Mergers and Sales of Assets	  	25
		  	Section 7.06	  	(Reserved]	  	25
		  	Section 7.07	  	Compliance with Laws; Payment of Taxes	  	25
		  	Section 7.08	  	Insurance	  	25
		  	Section 7.09	  	Maintenance of Property	  	25
		  	Section 7.10	  	Environmental Notices	  	26
		  	Section 7.11	  	Environmental Matters	  	26
		  	Section 7.12	  	Environmental Release	  	26
		  	Section 7.13	  	Change of Control Put	  	26
		
	ARTICLE VIII    Events of Default	  	26
		  	Section 8.01	  	Events of Default	  	26
		  	Section 8.02	  	Acceleration; Put Right	  	28
		  	Section 8.03	  	Notice of Default	  	29
		
	ARTICLE IX      Miscellaneous	  	29
		  	Section 9.01	  	Notices	  	29
		  	Section 9.02	  	Limitation by Law	  	30
		  	Section 9.03	  	Successors and Assigns	  	30
		  	Section 9.04	  	Governing Law	  	30
		  	Section 9.05	  	Waivers; Amendment	  	30
		  	Section 9.06	  	WAIVER OF JURY TRIAL	  	30
		  	Section 9.07	  	Severability	  	31
		  	Section 9.08	  	Counterparts	  	31

  

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		  	Section 9.09	  	Headings	  	31
		  	Section 9.10	  	Jurisdiction; Consent to Service of Process	  	31
		  	Section 9.11	  	Termination and Release	  	32
		  	Section 9.12	  	No Waiver by Course of Conduct: Cumulative Remedies	  	32
		  	Section 9.13	  	Guarantor’s Right to Call	  	32

  

			
	Schedule 4.01        	  	Other Guarantors
	Schedule 5.08	  	Significant Subsidiaries
		
	Exhibit A	  	Form of Supplement
	Exhibit B	  	Form of Compliance Certificate

  

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 This GUARANTEE AND REIMBURSEMENT AGREEMENT, dated and effective as of August 30, 2007 (this
“Agreement”), is entered into by (i) The Home Depot, Inc., a Delaware corporation (together with any assignee of, or successor by merger to, The Home Depot, Inc.’s rights and obligations hereunder, the
“Guarantor”), for the benefit of Merrill Lynch Capital Corporation, as administrative agent (in such capacity, the “Administrative Agent”) under that Credit Agreement (as defined below), (ii) HD Supply, Inc., a
Texas corporation (the “Borrower”) and each Other Guarantor (as defined below), and (iii) the Administrative Agent for itself and the Lenders (as defined in the Credit Agreement referred to below). 
 PRELIMINARY STATEMENT 
 The Guaranteed
Parties (as defined below) have agreed to extend credit to the Borrower subject to the terms and conditions set forth in that certain Credit Agreement dated as of August 30, 2007 (as the same may be amended, restated, supplemented or otherwise
modified from time to time in accordance with its terms and the terms hereof, the “Credit Agreement”) by and among the Administrative Agent, the Lenders (as defined therein), the Borrower and the other parties named therein.

 The obligations of the Guaranteed Parties to extend such credit are conditioned upon, among other things, the execution and delivery of
this Agreement. 
 The Guarantor has determined that it will derive substantial benefit from the extension of credit to the Borrower pursuant
to the Credit Agreement and is willing to execute and deliver this Agreement in order to induce the Guaranteed Parties to extend such credit. 
 Each of the Borrower and the Other Guarantors has determined that it will derive substantial benefit from the guarantee provided by the Guarantor hereunder and is willing to execute and deliver this Agreement in order to induce the
Guarantor to make such guarantee. 
 Now therefore, in consideration of the mutual covenants and agreements of the parties and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the parties hereby agree as follows: 
 ARTICLE I 
 Definitions 
 SECTION 1.01        Defined Terms.  As used in this Agreement, the following terms have the
meanings specified below: 
 “Administrative Agent” has the meaning assigned to such term in the introductory paragraph of
this Agreement and shall include any successor to the Administrative Agent appointed pursuant to Section 9.10 (Successor Agent) of the Credit Agreement. 
 “Affiliate” has the meaning assigned thereto in the Credit Agreement in effect on the date hereof; provided, that for purposes of Article V, VII and VIII hereof, “Affiliate”
means (i) any Person that directly, or indirectly through one or more intermediaries, controls the Guarantor (a “Controlling Person”), (ii) any Person (other than the Guarantor or any of its Subsidiaries) which 

 
is controlled by or is under common control with a Controlling Person, or (iii) any Person (other than a Subsidiary of the Guarantor) of which the
Guarantor owns, directly or indirectly, 20% or more of the common stock or equivalent equity interests (for purposes of this proviso, the term “control” means possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise). 
 “Assignment and Acceptance” means an Assignment and Acceptance, substantially in the form of Exhibit A to the Credit Agreement. 
 “Below Investment Grade Rating Event” means the senior unsecured long-term obligations of the Guarantor are rated below an Investment Grade Rating by each of the Rating Agencies on any date from the
date of the public notice of an arrangement that could result in a Change of Control until the end of the 60-day period following public notice of the occurrence of the Change of Control (which 60-day period shall be extended so long as the rating
of the Loans is under publicly announced consideration for possible downgrade by any of the Rating Agencies). 
 “Board of
Directors” means, with respect to any Person, the Board of Directors of such Person, or any authorized committee of the Board of Directors of such Person or any officer of such Person duly authorized by the Board of Directors of such Person
to take a specific action. 
 “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant
Secretary of the Guarantor to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Administrative Agent. 
 “Business Day” means any day that is not a Saturday, Sunday or any other day on which commercial banks in the City of New York, New York
are required or authorized by law to be closed. 
 “Capital Stock” means, as to any person, any and all shares of, rights to
purchase, warrants or options for, or other equivalents of or interests in (however designated) equity of such person, including any preferred stock, but excluding any debt securities convertible into such equity. 
 “CERCLA” means the Comprehensive Environmental Response Compensation and Liability Act, 42 U.S.C. § 9601 et seq. and its
implementing regulations and amendments. 
 “CERCLIS” means the Comprehensive Environmental Response Compensation and
Liability Inventory System established pursuant to CERCLA. 
 “Change of Control” means the occurrence of any of the
following: (1) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the properties or assets of the
Guarantor and its Subsidiaries taken as a whole to any Person other than the Guarantor or one of its Subsidiaries; (2) the consummation of any transaction (including, without limitation, any merger or consolidation) the result of which is that
any Person 

  

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becomes the beneficial owner, directly or indirectly, of more than 50% of the then outstanding number of shares of the Guarantor’s voting stock; or
(3) the first day on which a majority of the members of the Guarantor’s Board of Directors are not Continuing Directors. 
 “Change of Control Offer” has the meaning assigned to such term in Section 7.13 hereof. 
 “Change of
Control Payment” has the meaning assigned to such term in Section 7.13 hereof. 
 “Change of Control Payment
Date” has the meaning assigned to such term in Section 7.13 hereof. 
 “Change of Control Triggering Event”
means the occurrence of both a Change of Control and a Below Investment Grade Rating Event. 
 “Code” means the Internal
Revenue Code of 1986, as amended, or any successor federal tax code. 
 “Compliance Certificate” has the meaning assigned to
such term in Section 7.01(c). 
 “Consolidated Subsidiary” means at any date any Subsidiary or other entity the
accounts of which, in accordance with GAAP, would be consolidated with those of the Guarantor in its consolidated financial statements as of such date. 
 “Consolidated Tangible Net Worth” means, at any time, Stockholders’ Equity, less the sum of the value, as set forth or reflected on the most recent consolidated balance sheet of the Guarantor and
its Consolidated Subsidiaries, prepared in accordance with GAAP, of: 
 (a)      any surplus resulting from
any write up of assets subsequent to February 1, 1998; 
 (b)      all assets which would be treated as
intangible assets for balance sheet presentation purposes under GAAP, including without limitation goodwill (whether representing the excess of cost over book value of assets acquired, or otherwise), trademarks, tradenames, copyrights, patents and
technologies, and unamortized debt discount and expense; 
 (c)      to the extent not included in (b) of
this definition, any amount at which shares of Capital Stock of the Guarantor appear as an asset on the balance sheet of the Guarantor and its Consolidated Subsidiaries; and 
 (d)      loans to stockholders, directors, officers or employees. 
 “Continuing Directors” means, as of any date of determination, any member of the Board of Directors of the Guarantor who (1) was a
member of such Board of Directors on the date hereof; or (2) was nominated for election or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board of Directors at the time of
such nomination or election (either by a specific vote or by approval of the Company’s proxy statement in which such member was named as a nominee for election as a director, without objection to such nomination). 
  

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 “Controlled Group” means all members of a controlled group of corporations and all
trades or businesses (whether or not incorporated) under common control which, together with the Guarantor, are treated as a single employer under Section 414 of the Code. 
 “Credit Agreement” has the meaning assigned to such term in the introductory paragraph of this Agreement. 
 “Credit Agreement Event of Default” means an “Event of Default” as such term is defined under the Credit Agreement.

 “Debt” of any Person means at any date, without duplication, (i) all obligations of such Person for borrowed money,
(ii) all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, (iii) all obligations of such Person to pay the deferred purchase price of property or services, except trade accounts payable arising
in the ordinary course of business, (iv) the capitalized lease obligations of such Person as lessee under capital leases, (v) all obligations of such Person to reimburse any bank or other Person in respect of amounts payable under a
banker’s acceptance, (vi) all Redeemable Preferred Stock of such Person (in the event such Person is a corporation), (vii) all obligations of such Person to reimburse any bank or other Person in respect of amounts that have actually
been paid under a letter of credit or similar instrument, (viii) all Debt of others secured by a Lien on any asset of such Person, whether or not such Debt is assumed by such Person (provided, that, for purposes of this clause (viii),
non-recourse Debt in excess of the value of the asset securing such Debt shall not be counted), and (ix) all Debt of others in respect of which such Person has given a Guaranty. 
 “Default” means any condition or event which constitutes an Event of Default or which with the giving of notice or lapse of time or both
would, unless cured or waived, become an Event of Default. 
 “Dollars” means dollars in lawful currency of the United
States of America. 
 “Eligible Guaranteed Term Loans” means Guaranteed Term Loans in respect of which neither the
Guaranteed Party holding such Guaranteed Term Loans, nor any Participant in respect of such Guaranteed Term Loans, is the Borrower, an Affiliate of the Borrower or an Investor. 
 “Environmental Authority” means any foreign, federal, state, local or regional government that exercises any form of jurisdiction or
authority under any Environmental Requirement. 
 “Environmental Authorizations” means all licenses, permits, orders,
approvals, notices, registrations or other legal prerequisites for conducting the business of the Guarantor or any of its Subsidiaries required by any Environmental Requirement. 
  

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 “Environmental Judgments and Orders” means all judgments, decrees or orders arising from
or in any way associated with any Environmental Requirements, whether or not entered upon consent, or written agreements with an Environmental Authority or other entity arising from or in any way associated with any Environmental Requirement,
whether or not incorporated in a judgment, decree or order. 
 “Environmental Liabilities” means any liabilities, whether
accrued, contingent or otherwise, arising from and in any way associated with any Environmental Requirements. 
 “Environmental
Notices” means notice from any Environmental Authority or by any other person or entity, of possible or alleged noncompliance with or liability under any Environmental Requirement, including without limitation any complaints, citations,
demands or requests from any Environmental Authority or from any other person or entity for correction of any violation of any Environmental Requirement or any investigations concerning any violation of any Environmental Requirement. 
 “Environmental Proceedings” means any judicial or administrative proceedings arising from or in any way associated with any
Environmental Requirement. 
 “Environmental Releases” means releases as defined in CERCLA or under any applicable state or
local environmental law or regulation. 
 “Environmental Requirements” means any federal, state or local statute, law,
ordinance, code, rule, regulation, order, decree, permit or license regulating, relating to, or imposing liability or standards of conduct concerning, health, safety or any environmental matters or conditions, environmental protection or
conservation, including without limitation, CERCLA; CERCLIS; the Superfund Amendments and Reauthorization Act of 1986, as amended; the Resource Conservation and Recovery Act, as amended; the Toxic Substances Control Act, as amended; the Clean Air
Act, as amended; the Clean Water Act, as amended; together with all regulations promulgated thereunder, and any other “Superfund” or “Superlien” law. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, or any successor law. Any reference to any provision of ERISA shall also be deemed to be a reference to
any successor provision or provisions thereof. 
 “Event of Default” has the meaning assigned to such term in
Section 8.01. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 “Fiscal Quarter” means any fiscal quarter of the Guarantor. 
 “Fiscal Year” means any fiscal year of the Guarantor. 
 “Fitch” means Fitch Ratings. 
 “GAAP” means generally accepted accounting
principles in the United States of America as in effect on the date hereof, including those set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and 

  

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statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entities as have been approved by a
significant segment of the accounting profession. 
 “Governmental Authority” means any federal, state, local or foreign
court or governmental agency, authority, instrumentality or regulatory or legislative body. 
 “Guaranteed Obligations”
means the obligations of the Borrower for the due and punctual payment of the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of
whether allowed or allowable in such proceeding) on the Eligible Guaranteed Term Loans made to the Borrower, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise. 
 “Guaranteed Parties” means each holder of an Eligible Guaranteed Term Loan. 
 “Guaranteed Term Loans” means the $1 billion principal amount of 5-year senior secured loans extended by the Lenders to the Borrower
pursuant to the Credit Agreement on the date hereof which, once repaid, in whole or in part, may not be reborrowed. 
 “Guarantor” has the meaning assigned to such term in the introductory paragraph of this Agreement. 
 “Guaranty” by any Person means any obligation, contingent or otherwise, of such Person directly or indirectly guaranteeing any Debt or other obligation of any other Person and, without limiting the generality of the
foregoing, any obligation, direct or indirect, contingent or otherwise, of such Person (i) to secure, purchase or pay (or advance or supply funds for the purchase or payment of) such Debt or other obligation of such other Person (whether
arising by virtue of partnership arrangements, by agreement to keep well, to purchase assets, goods, securities or services, to provide collateral security, to take or pay, or to maintain financial statement conditions or otherwise) or (ii) to
the extent that such an arrangement would be considered to be a guaranty under GAAP, entered into for the purpose of assuring in any other manner the obligee of such Debt or other obligation of the payment thereof or to protect such obligee against
loss in respect thereof (in whole or in part), provided that the term Guaranty shall not include endorsements for collection or deposit in the ordinary course of business. The term “Guaranty” used as a verb has a corresponding
meaning. For purposes hereof, the amount of any Guaranty shall be deemed to be equal to the lesser of (i) any stated amount of the guarantee or (ii) the outstanding amount of the obligation directly or indirectly guaranteed. 
 “Hazardous Materials” includes, without limitation, (a) solid or hazardous waste, as defined in the Resource Conservation and
Recovery Act of 1980, 42 U.S.C. § 6901 et seq. and its implementing regulations and amendments, or in any applicable state or local law or regulation, (b) “hazardous substance”, “pollutant”, or “contaminant”
as defined in CERCLA, or in any applicable state or local law or regulation, (c) gasoline, or any other petroleum product or by product, including, crude oil or any fraction thereof, or (d) pesticides, as defined in the Federal
Insecticide, Fungicide, and Rodenticide Act of 1975, or in any applicable state or local law or regulation, as each such Act, statute or regulation may be amended from time to time. 
  

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 “Investment Grade Rating” means a rating equal to or higher than BBB- (or the
equivalent) by Fitch, Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent) by S&P or an equivalent rating for any other Rating Agency. 
 “Investor” has the meaning assigned thereto in the Credit Agreement in effect on the date hereof. 
 “Lien” means, with respect to any asset, any mortgage, deed to secure debt, deed of trust, lien, pledge, charge, security interest, security title, preferential arrangement which has the practical effect of constituting a
security interest or encumbrance, or encumbrance or servitude of any kind in respect of such asset to secure or assure payment of a Debt or a Guaranty, whether by consensual agreement or by operation of statute or other law, or by any agreement,
contingent or otherwise, to provide any of the foregoing. For the purposes of this Agreement, the Guarantor or any Subsidiary of the Guarantor shall be deemed to own subject to a Lien any asset which it has acquired or holds subject to the interest
of a vendor or lessor under any conditional sale agreement, capital lease or other title retention agreement relating to such asset; exclusive, however, of (i) any liens for taxes or governmental charges either not yet delinquent or which are
being contested in good faith by appropriate proceedings, (ii) liens not securing Debt which are created by or relating to any legal proceeding which at the time are being contested in good faith by appropriate proceedings or (iii) any
other statutory or inchoate lien securing amounts other than Debt which are not delinquent. 
 “Loan Documents” has the
meaning assigned thereto in the Credit Agreement in effect on the date hereof 
 “Margin Stock” means “margin
stock” as defined in Regulations T, U or X. 
 “Material Adverse Effect” means, with respect to any event, act,
condition or occurrence of whatever nature (including any adverse determination in any litigation, arbitration, or governmental investigation or proceeding), whether singly or in conjunction with any other event or events, act or acts, condition or
conditions, occurrence or occurrences, whether or not related, a material adverse change in, or a material adverse effect upon, any of (a) the financial condition, operations, business, or properties of the Guarantor and its Consolidated
Subsidiaries taken as a whole, (b) the rights and remedies of the Administrative Agent or the Guaranteed Parties under this Agreement, or the ability of the Guarantor to perform its obligations under this Agreement, as applicable, or
(c) the legality, validity or enforceability of this Agreement, which, in the case of clauses (b) and (c), would reasonably be expected to result in either the Administrative Agent or any Guaranteed Party not obtaining the practical
realization of the significant benefits purported to be provided thereby; provided, however, that in no event shall either the Guarantor’s lack of access to the commercial paper market or the consequences thereof, in and of
itself, be deemed to constitute a Material Adverse Effect. 
 “Moody’s” means Moody’s Investors Service, Inc.

 “Other Guarantee” means each Guaranty by any Person other than the Guarantor in respect of the Guaranteed Term Loans,
whether entered into prior to, at the same time as, or subsequent to, this Agreement. 
  

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 “Other Guarantor” means each Person that is a party to this Agreement as an Other
Guarantor on the date hereof (which shall include each Person listed on Schedule 4.01), and each other Person that becomes a party to this Agreement pursuant to Section 4.01. 
 “Parent” has the meaning assigned thereto in the Credit Agreement in effect on the date hereof; provided, that the phrase “50.1% of
the Voting Stock” shall be deemed to be replaced with the phrase “50.1% of the Voting Stock (or more than 50.0% of the value of the Capital Stock)”. 
 “PBGC” means the Pension Benefit Guaranty Corporation or any entity succeeding to any or all of its functions under ERISA. 
 “Person” has the meaning assigned thereto in the Credit Agreement in effect on the date hereof; provided, that for purposes of
the proviso to the definition of “Affiliate” and Articles V, VII and VIII, the definition of “Person” means an individual, a corporation, a partnership, an unincorporated association, a trust or any other entity or organization,
including, but not limited to, a government or political subdivision or an agency or instrumentality thereof. 
 “Plan”
means at any time an employee pension benefit plan which is covered by Title IV of ERISA or subject to the minimum funding standards under Section 412 of the Code and is either (i) maintained by a member of the Controlled Group for
employees of any member of the Controlled Group or (ii) maintained pursuant to a collective bargaining agreement or any other arrangement under which more than one employer makes contributions and to which a member of the Controlled Group is
then making or accruing an obligation to make contributions or has within the preceding 5 plan years made contributions. 
 “Rating
Agencies” means (1) each of Fitch, Moody’s and S&P; and (2) if any of Fitch, Moody’s or S&P ceases to rate the senior unsecured long-term obligations of the Guarantor or fails to make a rating of the senior
unsecured long-term obligations of the Guarantor publicly available, a “nationally recognized statistical rating organization” within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act, selected by the Guarantor (as certified
by a Board Resolution) as a replacement agency for Fitch, Moody’s or S&P, or all of them, as the case may be. 
 “Redeemable
Preferred Stock” of any Person means any preferred stock issued by such Person (i) required (by the terms of the governing instruments or at the option of the holder) to be mandatorily redeemed for cash at any time prior to the date
that is five years from the date hereof (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof at any time prior to the date that is five years from the date hereof. 
 “Regulation T” means Regulation T of the Board of Governors of the Federal Reserve System, as in effect from time to time, together with
all official rulings and interpretations issued thereunder. 
 “Regulation U” means Regulation U of the Board of Governors
of the Federal Reserve System, as in effect from time to time, together with all official rulings and interpretations issued thereunder. 
  

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 “Regulation X” means Regulation X of the Board of Governors of the Federal Reserve
System, as in effect from time to time, together with all official rulings and interpretations issued thereunder. 
 “Reimbursement
and Indemnification Obligations” has the meaning assigned thereto in Section 3.01(a) hereof 
 “Required Guaranteed
Parties” means Guaranteed Parties holding not less than 50.1% in aggregate principal amount of the Guaranteed Term Loans then outstanding. 
 “Restricted Subsidiary” has the meaning assigned thereto in the Credit Agreement as in effect on the date hereof. 
 “S&P” means Standard & Poor’s Ratings Services. 
 “Significant Subsidiary”
means any Subsidiary of the Guarantor with respect to which, as of the most recently completed Fiscal Quarter, either (i) the Guarantor and its other Subsidiaries’ investments in and advances to the Subsidiary exceed 10% of Total Assets,
or (ii) the Guarantor’s and its other Subsidiaries’ proportionate share of Total Assets (after intercompany eliminations) of the Subsidiary exceeds 10% of Total Assets; provided, however, that if there are two or more
Subsidiaries with respect to which, as of the most recently completed Fiscal Quarter, either (i) the Guarantor’s and its other Subsidiaries’ investments in and advances to each such Subsidiary exceed 5% and are less than 10% of Total
Assets, but the aggregate of such investments in and advances to such Subsidiaries exceeds 15% of Total Assets, or (ii) the Guarantor’s and its other Subsidiaries’ proportionate share of Total Assets (after intercompany eliminations)
of each such Subsidiary exceeds 5% and is less than 10% of Total Assets, but the aggregate proportionate share of Total Assets of such Subsidiaries exceeds 15% of Total Assets, then in either case, such Subsidiaries, taken together, shall constitute
a Significant Subsidiary. 
 “Stockholders’ Equity” means, at any time, the stockholders’ equity of the Guarantor
and its Consolidated Subsidiaries, as set forth or reflected on the most recent consolidated balance sheet of the Borrower and its Consolidated Subsidiaries prepared in accordance with GAAP, but excluding any Redeemable Preferred Stock of the
Borrower or any of its Consolidated Subsidiaries. Stockholders’ Equity generally would include, but not be limited to (i) the par or stated value of all outstanding Capital Stock, (ii) capital surplus, (iii) retained earnings,
and (iv) various deductions such as (A) purchases of treasury stock, (B) valuation allowances, (C) receivables due from an employee stock ownership plan, (D) employee stock ownership plan debt guarantees, and
(E) translation adjustments for foreign currency transactions. 
 “Subsidiary” has the meaning assigned thereto in the
Credit Agreement in effect on the date hereof; provided, that for purposes of the proviso to the definition of “Affiliate”, the definitions of “Consolidated Subsidiary”, “Lien”, “Significant Subsidiary”
and “Wholly Owned Subsidiary” and Articles V, VII and VIII, “Subsidiary” means any corporation or other entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of
directors or other persons performing similar functions are at the time directly or indirectly owned by the Guarantor. 
  

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 “Total Assets” means the total assets of the Guarantor and its Consolidated
Subsidiaries, determined as of the most recently completed Fiscal Quarter in accordance with GAAP. 
 “U.S.” means the
United States of America. 
 “U.S. Bankruptcy Code” means the United States Bankruptcy Code, 11 United States Code
§§101 et seq., as amended, or any successor statutes thereto. 
 “Wholly Owned Subsidiary” means any Subsidiary
all of the shares of capital stock or other ownership interests of which (except directors’ qualifying shares) are at the time directly or indirectly owned by the Guarantor. 
 SECTION 1.02        Accounting Terms and Determinations.  Unless otherwise specified
herein, all terms of an accounting character used herein shall be interpreted, all accounting determinations hereunder shall be made, and all financial statements required to be delivered hereunder shall be prepared, in accordance with GAAP, applied
on a basis consistent (except for changes concurred in by the Guarantor’s independent public accountants or otherwise required by a change in GAAP) with the most recent audited consolidated financial statements of the Guarantor and its
Consolidated Subsidiaries delivered to the Administrative Agent unless with respect to any such change concurred in by the Guarantor’s independent public accountants or required by GAAP, in determining compliance with any of the provisions of
this Agreement: (i) the Guarantor shall have objected to determining such compliance on such basis at the time of delivery of such financial statements, or (ii) the Required Guaranteed Parties shall so object in writing within 30 days
after the delivery of such financial statements, in either of which events such calculations shall be made on a basis consistent with those used in the preparation of the latest financial statements as to which such objection shall not have been
made (which, if objection is made in respect of the first financial statements delivered under Section 7.01 hereof, shall mean the financial statements of the Guarantor most recently filed with the SEC). 
 ARTICLE II 
 Guarantee

 SECTION 2.01        Guarantee.  The Guarantor hereby guarantees to the
Administrative Agent, for the equal and proportionate benefit of the Guaranteed Parties, as a primary obligor and not merely as a surety, the due and punctual payment of the Guaranteed Obligations. The Guarantor agrees that its guarantee hereunder
constitutes a guarantee of payment when due (whether at the stated maturity, by acceleration or otherwise) and not of collection, and waives any right to require as a condition to its obligations hereunder that any resort be bad by the
Administrative Agent or the Guaranteed Parties to any security held for the payment of the Guaranteed Obligations or to any balance of any deposit account or credit on the books of the Administrative Agent or any other Guaranteed Party in favor of
the Borrower, any Other Guarantor, or any other person. The Guarantor waives presentment to, demand of payment from and protest to the Borrower or any Other Guarantor of any of the Guaranteed Obligations, filing of claims with a court in the event
of insolvency or bankruptcy of the Borrower, any right to require a proceeding first against the Borrower, and notice of acceptance of its guarantee and notice of protest for nonpayment. 
  

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 SECTION 2.02        No Limitations,
Etc.  The Guarantor agrees that (to the fullest extent permitted by law) its obligations hereunder are unconditional and except for termination of the Guarantor’s obligations hereunder as expressly provided for in
Section 9.11 hereof and subject to compliance with Section 4.02 hereof, the obligations of the Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver,
release, surrender, alteration or compromise, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations (other than
the defense of payment or performance) or the absence of any action to enforce the same or waiver or consent with respect to any provisions hereof or thereof. Without limiting the generality of the foregoing, and except for termination of the
Guarantor’s obligations hereunder as expressly provided for in Section 9.11 hereof and subject to compliance with Section 4.02 hereof, the obligations of the Guarantor hereunder, to the fullest extent permitted by applicable law,
shall not be discharged or impaired or otherwise affected by, and the Guarantor hereby waives any defense to the enforcement hereof by reason of, any circumstance (other than the defense of payment or performance) (including without limitation, any
statute of limitations) that might otherwise constitute a legal or equitable discharge of, the Borrower or any Other Guarantor or any other guarantor or surety. 
 SECTION 2.03        Reinstatement.  The Guarantor agrees that its guarantee hereunder shall continue to be effective, or be reinstated, as the case may be,
if at any time payment, or any part thereof, of any of the Guaranteed Obligations is rescinded or must otherwise be restored or returned by the Administrative Agent or any Guaranteed Term Lender upon the insolvency, bankruptcy, dissolution,
liquidation or reorganization of the Borrower or any Other Guarantor, or upon or as a result of the appointment of a receiver, intervenor or conservator of, or trustee or similar officer for, the Borrower or any Other Guarantor or any substantial
part of its property, or otherwise, all as though such payments had not been made. In the event that any payment, or any part thereof, of any of the Guaranteed Obligations is rescinded, reduced, restored or returned upon the insolvency, bankruptcy,
dissolution, liquidation or reorganization of the Borrower or any Other Guarantor, or upon or as a result of the appointment of a receiver, intervenor or conservator of, or trustee or similar officer for, the Borrower or any Other Guarantor or any
substantial part of its property, or otherwise, the Guaranteed Obligation shall, to the fullest extent permitted by law, be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. The provisions of
this Section 2.03 shall apply, mutatis mutandis, to the obligations of the Borrower and the Other Guarantors to the Guarantor and other Indemnitees under Section 3.01. 
 SECTION 2.04        Further Agreements.  The Guarantor also hereby agrees to pay any and
all reasonable out-of-pocket expenses (including reasonable counsel fees and expenses) incurred by the Administrative Agent or the Guaranteed Parties in enforcing any rights hereunder; provided, that the Guarantor shall not be liable for such
expenses if it is finally determined by a court of competent jurisdiction that no payment by the Guarantor under this Agreement was due. 
 SECTION 2.05        Amendments with respect to the Guaranteed Obligations.  Subject to compliance with Section 4.02 hereof, the Guarantor shall remain obligated hereunder
notwithstanding that, without any reservation of rights against the Guarantor and without notice 

  

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to or further assent by the Guarantor, any demand for payment of any of the Guaranteed Obligations made by the Administrative Agent or any Lender may be
rescinded by the Administrative Agent or such Lender and any of the Guaranteed Obligations continued, and the Guaranteed Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor
or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Administrative Agent or any Lender, and the Credit
Agreement and the other Loan Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all
Lenders, as the case may be) may deem advisable from time to time, and any guarantee or right of offset at any time held by the Administrative Agent or any Lender for the payment of the Guaranteed Obligations may be sold, exchanged, waived,
surrendered or released. 
 SECTION 2.06        Maximum Liability.  The
Guarantor, the Administrative Agent and, by its acceptance of this Agreement, each Guaranteed Party hereby confirms that it is the intention of all such persons that this Agreement and the obligations hereunder not constitute a fraudulent transfer
or conveyance for purposes of the U.S. Bankruptcy Code or any other federal, state or non-U.S. bankruptcy, insolvency, receivership or similar law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal,
state or non-U.S. law to the extent applicable to this Agreement and the obligations hereunder. To effectuate the foregoing intention, the Administrative Agent, the Guaranteed Parties and the Guarantor hereby irrevocably agree that the obligations
under this Agreement at any time shall be limited to the maximum amount as will result in such obligations under this Agreement not constituting a fraudulent transfer or conveyance. 
 SECTION 2.07        Payments.  The Guarantor hereby agrees that payments hereunder will be
paid to the Administrative Agent without set-off or counterclaim, in Dollars (or, in the case of any amount required to be paid in any other currency pursuant to the requirements of the Credit Agreement, such other currency) at the Administrative
Agent’s office specified in Section 10.2 (Notices) of the Credit Agreement or such other address as may be designated in writing by the Administrative Agent to the Guarantor from time to time in accordance with Section 10.2 (Notices)
of the Credit Agreement. 
 ARTICLE III 
 Reimbursement, Indemnity and Subrogation 
 SECTION 3.01        Reimbursement, Indemnity and Subrogation.  (a)  The Borrower and each Other Guarantor agree, on a joint and several basis, to (i) pay and
reimburse the Guarantor for the full amount of any payment made by or on behalf of the Guarantor under this Agreement in respect of the Guaranteed Obligations (the obligations set forth in this clause (i), the “Reimbursement
Obligations”), and (ii) pay, indemnify and reimburse the Guarantor and its affiliates, and their respective officers, directors, employees, shareholders, members, attorneys and other advisors, agents and controlling persons (each, an
“Indemnitee”) for, and hold each Indemnitee harmless from and against, any and all other liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature 

  

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whatsoever with respect to the enforcement against the Borrower or any Other Guarantor of their respective obligations under this Agreement and the other
Loan Documents (including the reasonable and documented costs and expenses incurred in connection with the enforcement or preservation of any rights against the Borrower or any Other Guarantor under this Agreement or the other Loan Documents,
including the fees and disbursements of counsel to the Guarantor) (all the foregoing in this clause (ii), collectively, the “Indemnified Liabilities”), provided that the Borrower and the Other Guarantors shall not have any
obligation under this Section 3.01(a) with respect to Indemnified Liabilities arising from the gross negligence, bad faith or willful misconduct (as determined by a court of competent jurisdiction in a final and non-appealable judgment or by
settlement tantamount to such judgment) of the Guarantor or any Indemnitee and Indemnified Liabilities to the extent solely attributable the purchase, assignment or other transfer to the Guarantor of any Guaranteed Term Loan as a result of any Event
of Default, Change of Control Triggering Event or the Guarantor’s call option pursuant to Section 9.13. All amounts due under this Section 3.01(a) (collectively, the “Reimbursement and Indemnification Obligations”)
shall be due and payable (x) in the case of obligations under subsection (i) of the immediately previous sentence, immediately on demand and (y) with respect to all other amounts due under this Section 3.01, within 15 days of
written demand therefor (provided, that all such obligations under clauses (x) and (y) shall be automatically due and payable without demand therefor in the event any such demand is prohibited by applicable law). If the Borrower or the
Other Guarantors shall fail to pay any amounts as and when due under this Section 3.01(a), the Borrower and each Other Guarantor agree, on a joint and several basis, to pay the Guarantor or such other Indemnitee interest at the default rate
that would at the time be applicable to the Guaranteed Term Loans, on any and all amounts owed to the Guarantor under this Agreement in respect of the Reimbursement and Indemnification Obligations (in the case of any payment in respect of interest
on interest, to the extent permitted applicable law) from the date such amounts became due pursuant to this Section 3.01(a) to, but not including, the date of payment in full in cash. The obligations of the Borrower and the Other Guarantor are
in addition to all rights of reimbursement, indemnity and subrogation as the Guarantor has under applicable law or equity, but for the avoidance of doubt there shall be no requirement for the Borrower or any Other Guarantor to pay any duplicative
amounts. 
 (b)      The Administrative Agent shall receive as attorney-in-fact of each Guaranteed Party any
amounts guaranteed by the Guarantor hereunder. Any and all amounts guaranteed by the Guarantor hereunder disbursed by the Administrative Agent from claims made under Section 2.01 of this Agreement shall not be considered payment by the Borrower
or any Other Guarantor, and shall not discharge the obligations of the Borrower or any Other Guarantor with respect thereto. The Guarantor shall, to the extent it makes any payment with respect to the Guaranteed Obligations, become subrogated to all
of the rights of the recipient of such payments to the extent of such payments, including all claims or actions relating thereto or arising therefrom, and with respect to such Guaranteed Obligations, shall be deemed a “Lender” for all
purposes under the Credit Agreement and under the other Loan Documents. Subject to and conditioned upon any payment with respect to the Guaranteed Obligations by or on behalf of the Guarantor, the Guarantor shall automatically be deemed to be
assigned, conveyed or otherwise transferred all rights, title and interest in and to such Guaranteed Obligations to the extent of all payments made by the Guarantor all without delivery of any instrument or performance of any act by any party, and
shall be deemed in connection therewith to have executed and delivered to the Guarantor an Assignment and Acceptance. At the request of the Guarantor following any 

  

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such assignment, conveyance or other transfer, the Administrative Agent and each Guaranteed Party shall execute and deliver to the Guarantor, at the
Guarantor’s expense, all documents that the Guarantor shall reasonably request to evidence such assignment. Each of the Guaranteed Parties (by their acceptance of the benefits of this Agreement) agrees that any payment, reimbursement or
indemnity obligation owing to, or subrogation claim held by, the Guarantor or other Indemnitee hereunder shall not be subject to any setoffs, defenses or counterclaims. Each of the Borrower and the Other Guarantors agree that any payment,
reimbursement or indemnity obligation owing to, or subrogation claim held by, the Guarantor or other Indemnitee hereunder shall not be subject to any setoffs, defenses or counterclaims, but shall not be duplicative. 
 (c)      Any Other Guarantor making any payment to the Guarantor pursuant to this Section 3.01 shall be subrogated to
the rights of the Guarantor under this Section 3.01 to the extent of such payment; provided that each Other Guarantor agrees any such subrogation claim of an Other Guarantor shall be subordinated to all subrogation claims of the
Guarantor in respect of the Guaranteed Obligations. 
 SECTION 3.02        Subordination.  (a)  To the extent permitted by law and to the extent to do so would not constitute unlawful financial assistance, each of the
Borrower and each Other Guarantor (the “Subordinated Parties”) hereby subordinates in right of payment its right to receive payment of any and all debts, liabilities and other obligations (other than any obligations arising from the
Borrower and its Subsidiaries’ ordinary course cash management practices) owed by any other Subordinated Party (the “Subordinated Obligations”) to such other Subordinated Party’s Reimbursement Obligations to the Guarantor
(the “Borrower and Other Guarantor Obligations”), to the extent and in the mariner hereinafter set forth in this Section 3.02: 
 (i)             Prohibited Payments, Etc.  Each Subordinated Party may receive payments from each other Subordinated Party, on account
of the Subordinated Obligations, until the occurrence and during the continuance of any Credit Agreement Event of Default described in Section 8(a) of the Credit Agreement or any payment default by the Borrower or any Other Guarantor under
Section 3.01 hereof, whereupon and during which no Subordinated Party shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations until the Borrower and Other Guarantor Obligations have been paid in
full in cash. 
 (ii)            Prior Payment of Borrower and
Other Guarantor Obligations.  In any proceeding under the U.S. Bankruptcy Code or any other U.S. federal, U.S. state or non-U.S. bankruptcy, insolvency, receivership or similar law in any jurisdiction relating to any Subordinated
Party, each Subordinated Party agrees that the Guarantor shall be entitled to receive payment in full in cash of all the Borrower and Other Guarantor Obligations (including all interest accruing after the commencement of a proceeding under any U.S.
Bankruptcy Code or any other U.S. federal, U.S. state or non-U.S. bankruptcy, insolvency, receivership or similar law in any jurisdiction, whether or not constituting an allowed claim in such proceeding (“Post-Petition Interest”))
before any Subordinated Party receives payment of any Subordinated Obligations. 
  

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 (iii)           Turn-Over.  If any Subordinated Party receives a payment in violation of the immediately preceding clause (i) or (ii), it will hold such moneys as
trustee for (or, in any jurisdiction whose law does not include the concept of trusts, for the account of) the Guarantor and such other Persons (other than any Subordinated Party) as may be entitled thereto and deliver such payments to (x) the
Guarantor on account of the Borrower and Other Guarantor Obligations (including all Post-Petition Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of
such Other Guarantor under the other provisions of this Agreement and (y) such other Persons (other than any Subordinated Parties) in accordance with their legal entitlements. 
 (b)      Notwithstanding any payment made by any Other Guarantor hereunder, no Guarantor shall be entitled to be
subrogated to any of the rights of the Guarantor against the Borrower or any Other Guarantor, nor shall any Other Guarantor seek or be entitled to seek any contribution or reimbursement from the Borrower or any Other Guarantor in respect of payments
made by such Other Guarantor hereunder, until all amounts owing to the Guarantor on account of the Reimbursement Obligations are paid in full in cash. 
 ARTICLE IV 
 Covenants of the Borrower, the Guaranteed Term Lenders and the Other Guarantors 

 SECTION 4.01        Future Other Guarantors.  The Borrower represents and
warrants to the Guarantor that Schedule 4.01 hereto is a complete and accurate list of all Subsidiary Guarantors (as defined in the Credit Agreement) as of the date hereof and that each such Subsidiary Guarantor is a party to this Agreement
as an Other Guarantor as of the date hereof. The Borrower covenants and agrees that in the event that any Person (a) becomes a party to the Guarantee and Collateral Agreement (as defined in the Credit Agreement) as a “Guarantor” or
“Grantor” thereunder, (b) is required to become such a party pursuant to Section 6.9(b) of the Credit Agreement, or (c) is not required to become such a party pursuant to Section 6.9(b) of the Credit Agreement only
because the Administrative Agent has not requested that it do so, but the Guarantor has requested that such Person become a party to this Agreement as an Other Guarantor, then the Borrower will promptly cause such Person to become a party to this
Agreement in its capacity as an Other Guarantor pursuant to documentation substantially in the form of Exhibit A hereto; provided, that if any Other Guarantor is released from its obligations under the Guarantee and Collateral
Agreement or the Holdings Pledge Agreement (as such term is defined in the Credit Agreement) in compliance with the requirements of the Loan Documents, such Other Guarantor shall automatically be released from its obligations under this Agreement.

 SECTION 4.02        Amendments to Loan Documents.  The Borrower, each Other
Guarantor and the Guaranteed Term Lenders (by their acceptance of the benefits of this Agreement) hereby covenant and agree that no waiver, amendment or other modification to the Credit Agreement or the other Loan Documents shall, without the
written consent of the Guarantor: 
 (a)      reduce or forgive the amount or extend the scheduled date of
maturity of any Guaranteed Term Loan or of any scheduled installment thereof or change the stated rate of any interest, commission or fee payable with respect thereto or extend the scheduled date of any payment thereof or change the currency in
which any Guaranteed Term Loan is payable; 
  

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 (b)      amend, modify or waive any provision of subsection 10.1
(Amendments and Waivers) of the Credit Agreement, or consent to the assignment or transfer by the Borrower of any of its rights and obligations under the Credit Agreement and the other Loan Documents (other than pursuant to subsection 7.3
(Limitation on Fundamental Changes) or 10.6(a) (Successors and Assigns) of the Credit Agreement); 
 (c)      release any Person under any Other Guarantee, or, in a single transaction or a series of related transactions, all or any material part of the Collateral; 
 (d)      amend, modify or waive the order of application of payments set forth in subsection 3.4(e) (Optional and
Mandatory Prepayments; Order of Application) or 3.8(a) (Pro Rata Treatment and Payments) of the Credit Agreement, or Section 4.1 (Application of Proceeds) of the Intercreditor Agreement; 
 (e)      amend, modify or waive, or be benefiting from a waiver of, any provision of the Credit Agreement or of any other
Loan Document that affects in any respect the ranking of the Guaranteed Term Loans, the definition of “Change of Control” in the Credit Agreement (or any defined terms used in such definition), or subsections 2.5 (Term Loans), 3.4 (b, c,
d, e or f) (Optional and Mandatory Prepayments; Mandatory Prepayments), 7.1 (Limitation on Indebtedness), 7.2 (Limitation on Liens), 7.3 (Limitation on Fundamental Changes), 7.5 (Limitation on Dividends and Other Restricted Payments) or 8 (Events of
Default) of the Credit Agreement or any matter addressed thereby; or 
 (f)      amend, modify or waive any
provision of the Credit Agreement or of any other Loan Document if the result such amendment, modification or waiver would adversely affect the interests of the Guarantor. 
 Any breach by the Guaranteed Term Lenders of their obligations in respect of this Section 4.02 shall relieve the Guarantor of its obligations hereunder. 
 SECTION 4.03        Limitation on Secured Indebtedness.  The Borrower will not, and will
not permit any Restricted Subsidiary to, incur any Indebtedness (for the purposes of this Section 4.03, as such term is defined in the Credit Agreement as in effect on the date hereof) secured by a Lien (for the purposes of this
Section 4.03, as such term is defined in the Credit Agreement as in effect on the date hereof) (such Indebtedness, “Secured Indebtedness”) other than: 
 (a)      Secured Indebtedness outstanding or committed as of the Closing Date in an amount not to exceed (i) a
principal amount of up to $2.1 billion incurred pursuant to the ABL Credit Agreement (for the purposes of this Section 4.03, as such term is defined in the Credit Agreement as in effect on the date hereof), (ii) a principal amount not to
exceed $300 million incurred pursuant to the Revolving Facility (for the purposes of this Section 4.03, as such term is defined in the Credit Agreement as in effect on the date hereof) as in effect on the date hereof and (iii) a principal
amount of up to $1 billion incurred pursuant to the Guaranteed Term Loans; 
  

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 (b)      additional Secured Indebtedness incurred pursuant to the ABL
Credit Agreement to the extent of any increase in the Borrowing Base (for the purposes of this Section 4.03, as such term, and each defined term used within such definition, is defined in the Credit Agreement as in effect on the date hereof)
after the date hereof (without giving effect to any changes to the advance rates set forth in the definition of Borrowing Base) over $2.1 billion; 
 (c)      additional Secured Indebtedness as long as (i) that the Borrower’s Consolidated Secured Leverage Ratio (for the purposes of this Section 4.03, as such term is defined in the Credit
Agreement as in effect on the date hereof) (calculated on a pro forma basis to give effect to the acquisition and the incurrence of such Secured Indebtedness) is not more than 3.75 to 1.00 (calculated as if the ABL Credit Agreement and the Revolving
Facility were fully drawn as of such date) and that the Borrower’s Consolidated Total Leverage Ratio (for the purposes of this Section 4.03, as such term is defined in the Credit Agreement as in effect on the date hereof) (calculated on a
pro forma basis to give effect to the acquisition and the incurrence of such Secured Indebtedness) is either (x) not greater than 7.25 to 1.00 (calculated as if the ABL Credit Agreement and the Revolving Facility were fully drawn as of such
date) or (y) not greater than such ratio immediately prior to the acquisition; and (ii) that such Secured Indebtedness shall be subject to an intercreditor agreement satisfactory to the Guarantor; and 
 (d)      Secured Indebtedness pursuant to Section 7.1(b)(iv) (Purchase Money Obligations and Capitalized Lease
Obligations) of the Credit Agreement as in effect on the date hereof in an amount not to exceed at any time outstanding the greater of $150.0 million and 3.0% of Consolidated Tangible Assets (as such term is defined in the Credit Agreement as in
effect on the date hereof); 
 (e)      Secured Indebtedness pursuant to Section 7.1(b)(vi) of the Credit
Agreement provided that (x) with respect to clause (A), the Indebtedness that is Guaranteed is permitted to be Secured Indebtedness pursuant to this Section 4.03 and (y) with respect to clause (B), the Indebtedness that is secured by
a Lien is permitted to be Secured Indebtedness pursuant to this Section 4.03. 
 (f)      Secured
Indebtedness pursuant to clauses (B), (C), (E), (F) and (G) pursuant to Section 7.1(b)(viii) of the Credit Agreement. 
 provided that
the proceeds of Secured Indebtedness incurred pursuant to clauses (a) through (f) of this Section 4.03 shall not be used, directly or indirectly, to repay, repurchase, redeem, defease or otherwise acquire, retire or discharge any of
the Senior Notes (for the purposes of this Section 4.03, as such term is defined in the Credit Agreement as in effect on the date hereof) or the Senior Subordinated Notes (for the purposes of this Section 4.03, as such term is defined in
the Credit Agreement as in effect on the date hereof) (or any refinancing Indebtedness in respect thereof) except that up to $500 million of Secured Indebtedness may be used to refinance Senior Notes as long such Secured Indebtedness is junior and
subordinated to the Guaranteed Term Loans pursuant to a customary “silent” intercreditor agreement acceptable to the Guarantor. 
 SECTION 4.04        Limitation on Dividends.  The Borrower will not, and will not permit any of its Subsidiaries, to, and no Parent shall (and the Borrower and Holding Parent
shall procure that no Parent shall), directly or indirectly, pay any dividend or make any distribution on 

  

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or in respect of the Borrower’s or such Parent’s Capital Stock (or purchase or otherwise acquire any Capital Stock of the Borrower or any Parent
from the Investors or any other holder of Capital Stock of the Borrower or such Parent); provided, that the Borrower may pay dividends or make distributions pursuant to Section 7.5(b)(v)(Management Investors) so long as no such
Management Investor (as defined in the Credit Agreement as in effect on the date hereof) is an Investor or an employee, officer, director or partner thereof, Section 7.5(b)(viii)((B) (Tax Sharing Agreement) and (C)(Parent Expenses and Related
Taxes) of the Credit Agreement, Section 7.5(b)(ix) and Section 7.5(b)(xi) (but solely with respect to clauses (i) and (ii) of the definition of “Transactions”). 
 SECTION 4.05        Information.  The Borrower hereby covenants to deliver to the Guarantor
all financial information, reports and notices (collectively, “Information”) that it is required to deliver to the Administrative Agent pursuant to the terms of the Credit Agreement, in the form and subject to the time limits
prescribed in the Credit Agreement as in the effect on the date hereof for delivery of such Information. The Borrower shall permit representatives of the Guarantor to visit and inspect any of its properties and examine and, to the extent reasonable,
make abstracts from any of its books and records and to discuss the business, operations, properties and financial and other condition of the Borrower and its Subsidiaries with officers and employees of the Borrower and its Subsidiaries and with its
independent certified public accountants, in each case at any reasonable time, upon reasonable notice; provided that (a) except during the continuation of a Credit Agreement Event of Default, only one such visit per annum shall be at the
Borrower’s expense, and (b) during the continuation of a Credit Agreement Event of Default, the Guarantor and its representatives may do any of the foregoing at the Borrower’s expense. 
 ARTICLE V 
 Representations and
Warranties of the Guarantor 
 The Guarantor represents and warrants on the date hereof that: 
 SECTION 5.01        Corporate Existence and Power.  The Guarantor is a corporation duly
organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, is duly qualified to transact business in every jurisdiction where the failure to so qualify would reasonably be expected to have or cause a
Material Adverse Effect, and has all corporate powers and all governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted, except where the failure to possess any such powers, licenses,
authorizations, consents, or approvals would not reasonably be expected to have or cause a Material Adverse Effect. 
 SECTION 5.02        Corporate and Governmental Authorization; No Contravention.  The execution, delivery and performance by the Guarantor of this Agreement (i) are within
the Guarantor’s corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of or filing with, any governmental body, agency or official, (iv) do not contravene, or
constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Guarantor or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the
Guarantor or any of its Significant Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Guarantor or any of its Significant Subsidiaries. 
  

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 SECTION 5.03        Binding Effect.  This
Agreement constitutes a valid and binding agreement of the Guarantor enforceable in accordance with its terms, provided that the enforceability hereof is subject to general principles of equity and the bankruptcy, insolvency and similar laws
affecting the enforcement of creditors’ rights generally. 
 SECTION 5.04        Financial Information.  (a) The consolidated balance sheet of the Guarantor and its Consolidated Subsidiaries as of January 28, 2007 and the related
consolidated statements of income, stockholders’ equity and cash flows for the Fiscal Year then ended, reported on by KPMG LLP, copies of which have been delivered to each of the Guaranteed Parties, fairly present, in conformity with GAAP, the
consolidated financial position of the Guarantor and its Consolidated Subsidiaries as of such date and their consolidated results of operations and cash flows for such period. 
 (b)      Since January 28, 2007, there has been no event, act, condition or occurrence having a Material Adverse
Effect. 
 SECTION 5.05        No Litigation.  There is no action, suit or
proceeding pending, or to the knowledge of the Guarantor threatened, against or affecting the Guarantor or any of its Subsidiaries before any court or arbitrator or any governmental body, agency or official which would reasonably be expected to have
or cause a Material Adverse Effect. 
 SECTION 5.06        Compliance with
ERISA.  The Guarantor and each member of the Controlled Group have fulfilled their obligations under the minimum funding standards of ERISA and the Code with respect to each Plan and are in compliance in all material respects with the
presently applicable provisions of ERISA and the Code, and have not incurred any liability to the PBGC or a Plan under Title IV of ERISA. 
 SECTION 5.07        Compliance with Laws; Payment of Taxes.  The Guarantor and its Subsidiaries are in compliance with all applicable laws, regulations and similar requirements
of governmental authorities, except where (i) such compliance is being contested in good faith through appropriate proceedings or (ii) the failure to be in compliance would not reasonably be expected to have or cause a Material Adverse
Effect. There have been filed on behalf of the Guarantor and its Subsidiaries all federal, state and local income, excise, property and other tax returns which are required to be filed by them and all taxes shown due and owing by such returns have
been paid except where the failure to make such filings would not reasonably be expected to have or cause a Material Adverse Effect. The charges, accruals and reserves on the books of the Guarantor and its Subsidiaries in respect of taxes or other
governmental charges are, in the opinion of the Guarantor, adequate. United States federal income tax returns of the Guarantor and its Subsidiaries have been examined and closed through the Fiscal Year ended January 28, 2001. 
 SECTION 5.08        Significant Subsidiaries.  As of the Closing Date, the Guarantor has no
Significant Subsidiaries except for those Significant Subsidiaries listed on Schedule 5.08, which accurately sets forth each such Subsidiary’s complete name and jurisdiction of incorporation. 
  

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 SECTION 5.09        Investment Company
Act.  Neither the Guarantor nor any of its Subsidiaries is an “investment company” within the meaning of the Investment Company Act of 1940, as amended. 
 SECTION 5.10        [Reserved]. 
 SECTION 5.11        Ownership of Property; Liens.  Each of the Guarantor and each of the
Significant Subsidiaries of the Guarantor has title to its properties sufficient for the conduct of its business, and none of such property is subject to any Lien except as permitted in Section 7.03. 
 SECTION 5.12        No Default.  Neither the Guarantor nor any of the Consolidated
Subsidiaries of the Guarantor is in default under or with respect to any agreement, instrument or undertaking to which it is a party or by which it or any of its property is bound which could reasonably be expected to have or cause a Material
Adverse Effect. No Default or Event of Default has occurred and is continuing. 
 SECTION 5.13        Full Disclosure.  All written information heretofore furnished by the Guarantor to the Administrative Agent or any Guaranteed Party for purposes of or in
connection with this Agreement or any transaction contemplated hereby is, and all such information hereafter furnished by the Guarantor to the Administrative Agent or any Guaranteed Party will be, true and correct in all material respects or based
on what the Guarantor in good faith believes to be reasonable estimates on the date as of which such information is stated or certified. 
 SECTION 5.14        Environmental Matters.  (a)  Neither the Guarantor nor any Subsidiary is subject to any Environmental Liability which would reasonably be expected
to have or cause a Material Adverse Effect and neither the Guarantor nor any Subsidiary has been designated as a potentially responsible party under CERCLA or under any state statute similar to CERCLA. As of the Closing Date, none of the Properties
has been identified on any current or proposed (i) National Priorities List under 40 C.F.R. § 300, (ii) CERCLIS list or (iii) any list arising from a state statute similar to CERCLA. 
 (b)      No Hazardous Materials have been or are being used, produced, manufactured, processed, treated, recycled,
generated, stored, disposed of, managed or otherwise handled at, or shipped or transported to or from the Properties or are otherwise present at, on, in or under the Properties, or, to the best of the knowledge of the Guarantor, at or from any
adjacent site or facility, except for Hazardous Materials, such as cleaning solvents, pesticides and other materials used, produced, manufactured, processed, treated, recycled, generated, stored, disposed of, managed, or otherwise handled in minimal
amounts in the ordinary course of business in compliance with all applicable Environmental Requirements, and except to the extent no Material Adverse Effect would reasonably be expected to result therefrom. 
 (c)      The Guarantor, and each of its Subsidiaries and Affiliates, (i) has procured all Environmental
Authorizations necessary for the conduct of its business, and (ii) is in 

  

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compliance with all Environmental Requirements in connection with the operation of the Properties and the Guarantor’s, and each of its Subsidiary’s
and Affiliate’s, respective businesses, in each case set forth in either of clause (i) or (ii) where the failure to procure or non-compliance with which would reasonably be expected to have or cause a Material Adverse Effect.

 SECTION 5.15        Capital Stock.  The issued shares of Capital Stock of
the Guarantor’s ‘Wholly Owned Subsidiaries which are Significant Subsidiaries are owned by the Guarantor free and clear of any Lien or adverse claim, other than as permitted by Section 7.03. At least a majority of the issued shares of
capital stock of each of the Guarantor’s other Significant Subsidiaries (other than Wholly Owned Subsidiaries which are Significant Subsidiaries) is owned by the Guarantor free and clear of any Lien or adverse claim, other than as permitted by
Section 7.03. 
 SECTION 5.16        [Reserved]. 
 SECTION 5.17        Solvency.  After giving effect to the execution and delivery of the
Agreement, the Guarantor will not be “insolvent,” within the meaning of such term as used in O.C.G.A. § 18-2-22 or as defined in the U.S. Bankruptcy Code or Section 2 of the Uniform Fraudulent Transfer Act, or any other
applicable state law pertaining to fraudulent transfers, as each may be amended from time to time, or be unable to pay its debts generally as such debts become due, or have an unreasonably small capital to engage in any business or transaction,
whether current or contemplated. 
 ARTICLE VI 
 Representations and Warranties of Borrower 
 To induce the Guarantor to enter into this Agreement,
each of the Borrower and each Other Guarantor hereby represents and warrants to the Guarantor that the representations and warranties set forth in Section 4 (Representations and Warranties) of the Credit Agreement and Section 4
(Representations and Warranties) of the Collateral and Guarantee Agreement as they relate to the Borrower or such Other Guarantor or to the Loan Documents to which the Borrower or such Other Guarantor is a party, each of which representations and
warranties is hereby incorporated herein by reference, are true and correct in all material respects, and the Guarantor shall be entitled to rely on each of such representations and warranties as if fully set forth herein; provided that, with
respect to each Other Guarantor, each reference in each such representation and warranty to the Borrower’s knowledge shall, for the purposes of this Article VI, be deemed to be a reference to such Other Guarantor’s knowledge. 

ARTICLE VII 
 Covenants of the
Guarantor 
 The Guarantor agrees that, until the termination and release of the Guarantor’s obligations pursuant hereto:

 SECTION 7.01        Information.  The Guarantor will deliver: 
 (a)      to the Administrative Agent, as soon as available and in any event within 90 days after the end of each Fiscal
Year, a consolidated balance sheet of the Guarantor and its Consolidated Subsidiaries as of the end of such Fiscal Year and the related consolidated statements of income, stockholders’ equity and cash flows for such Fiscal Year, setting forth
in each case in comparative form the figures for the previous fiscal year, all certified by KPMG LLP or other independent public accountants of nationally recognized standing, with such certification to be free of material exceptions and
qualifications not reasonably acceptable to the Administrative Agent, except as permitted by Section 1.02; 
  

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 (b)      to the Administrative Agent, as soon as available and in any
event within 45 days after the end of each of the first three (3) Fiscal Quarters of each Fiscal Year, a consolidated balance sheet of the Guarantor and its Consolidated Subsidiaries as of the end of such Fiscal Quarter and the related
statement of income and statement of cash flows for such Fiscal Quarter and for the portion of the Fiscal Year ended at the end of such Fiscal Quarter, setting forth in each case in comparative form the figures for the corresponding Fiscal Quarter
(or Fiscal Year in the case of balance sheets) and the corresponding portion of the previous Fiscal Year, all certified (subject to the absence of footnotes and to normal year-end audit adjustments) as to fairness of presentation, GAAP and
consistency by the chief financial officer or the chief accounting officer of the Guarantor; 
 (c)      to
the Administrative Agent, simultaneously with the delivery of each set of financial statements referred to in paragraphs (a) and (b) above, a certificate, substantially in the form of Exhibit B (a “Compliance
Certificate”), of the chief financial officer, the treasurer or the chief accounting officer of the Guarantor stating whether any Default exists on the date of such certificate and, if any Default then exists, setting forth the details
thereof and the action which the Guarantor is taking or proposes to take with respect thereto; 
 (d)      to
the Administrative Agent, promptly after any of the chief executive, chief financial, chief operating, chief legal or chief accounting officer, or the treasurer of the Guarantor becomes aware of the occurrence of any Default, a certificate of the
chief financial officer or the chief accounting officer of the Guarantor setting forth the details thereof and the action which the Guarantor is taking or proposes to take with respect thereto; 
 (e)      to the Administrative Agent, promptly upon the mailing thereof to the stockholders of the Guarantor generally,
copies of all financial statements, reports and proxy statements so mailed; 
 (f)      to the Administrative
Agent, promptly upon the filing thereof, copies of all registration statements (other than the exhibits thereto and any registration statements on Form S-8 or its equivalent) and annual, quarterly or monthly reports which the Guarantor shall have
filed with the Securities and Exchange Commission; 
 (g)      to the Administrative Agent, if and when any
member of the Controlled Group (i) gives or is required to give notice to the PBGC of any “reportable event” (as defined in Section 4043 of ERISA) with respect to any Plan which might constitute grounds for a 

  

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termination of such Plan under Title IV of ERISA, or knows that the plan administrator of any Plan has given or is required to give notice of any such
reportable event, a copy of the notice of such reportable event given or required to be given to the PBGC; (ii) receives notice of complete or partial withdrawal liability under Title IV of ERISA, a copy of such notice; or (iii) receives
notice from the PBGC under Title IV of ERISA of an intent to terminate or appoint a trustee to administer any Plan, a copy of such notice; and 
 (h)      to the Administrative Agent, as applicable, from time to time such additional information, regarding the financial position or business of the Guarantor and its Subsidiaries as the Administrative
Agent, at the request of any Guaranteed Party, may reasonably request; provided, however, that in any event the Guarantor shall not be obligated to deliver any such information to the extent delivery thereof could compromise any attorney-client
privilege or that would cause undue expense or burden for the Guarantor to obtain or prepare. 
 Information required to be delivered pursuant to this
Section 7.01 and Section 5.04 shall be deemed to have been delivered if such information shall have been posted by the Administrative Agent on an Intralinks or similar site to which the Guaranteed Parties have been granted access or shall
be available on the website of the Securities and Exchange Commission at http://www.sec.gov and the Guarantor shall have notified the Administrative Agent of the availability of all Form 10Q and Form 10K reports; provided that the Guarantor
shall deliver paper copies of such information to any Guaranteed Party that requests such delivery. Information required to be delivered pursuant to this Section 7.01 may also be delivered by electronic communications pursuant to procedures
approved by the Administrative Agent. 
 SECTION 7.02        Inspection of Property, Books
and Records.  The Guarantor will (i) keep, and cause each Subsidiary to keep, proper books of record and account in which full, true and correct entries in conformity with GAAP shall be made of all dealings and transactions in
relation to its business and activities; and (ii) permit, and cause each Subsidiary to permit, representatives of the Administrative Agent at the Guaranteed Parties’ expense and limited to once per year prior to the occurrence of a Default
and at the Guarantor’s expense after the occurrence of a Default to visit and inspect any of their respective properties, to examine and make abstracts from any of their respective books and records and to discuss their respective affairs,
finances and accounts with their respective officers, employees and independent public accountants. The Guarantor agrees to cooperate and assist in such visits and inspections, in each case at such reasonable times and as often as may reasonably be
requested. 
 SECTION 7.03        Negative Pledge.  Neither the Guarantor nor
any Consolidated Subsidiary will create, assume or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except: 
 (a)      Liens existing on the date hereof securing Debt outstanding on the date of this Agreement; 
 (b)      any Lien existing on any asset of any (i) Person at the time such Person becomes a Consolidated Subsidiary, or (ii) Subsidiary at the time it becomes a Significant Subsidiary, and in either
case not created in contemplation of such event; 
  

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 (c)      any Lien on any asset securing Debt incurred or assumed for the
purpose of financing all or any part of the cost of acquiring or constructing such asset (or effecting any repairs, improvements or additions to such asset), provided that such Lien attaches to such asset concurrently with or within 18 months after
the acquisition or completion of construction, repair or improvement thereof; 
 (d)      any Lien on any
asset of any Person existing at the time such Person is merged or consolidated with or into the Guarantor or a Consolidated Subsidiary and not created in contemplation of such event; 
 (e)      any Lien existing on any asset prior to the acquisition thereof by the Guarantor or a Consolidated Subsidiary and
not created in contemplation of such acquisition; 
 (f)      Liens securing Debt owing by any Subsidiary to
the Guarantor; 
 (g)      any Lien arising out of the refinancing, extension, renewal or refunding of any
Debt secured by any Lien permitted by any of the foregoing paragraphs of this Section, provided that (i) such Debt is not secured by any additional assets, and (ii) the amount of such Debt secured by any such Lien is not increased;

 (h)      Liens incidental to the conduct of its business or the ownership of its assets which (i) do
not secure Debt (other than Debt arising from operating leases which become capital leases as required by GAAP) and (ii) do not in the aggregate materially detract from the value of its assets or materially impair the use thereof in the
operation of its business; 
 (i)      any Lien on Margin Stock; 
 (j)      Liens arising from any synthetic lease transaction pursuant to which the Guarantor or any of its Subsidiaries is
a lessee; and 
 (k)      Liens not otherwise permitted by the foregoing paragraphs of this Section securing
Debt (other than indebtedness hereunder) in an aggregate principal amount at any time outstanding not to exceed 20% of Consolidated Tangible Net Worth; 
 provided, however, that all Liens permitted by the foregoing paragraphs (a) through (i) and (k) shall at no time secure Debt in an aggregate amount greater than 25% of Consolidated Tangible Net Worth.

 SECTION 7.04        Maintenance of Existence.  The Guarantor shall, and
shall cause each Subsidiary to, maintain its corporate existence and carry on its business in substantially the same manner and in substantially the same fields as such business is now carried an and maintained, and any business that is reasonably
related thereto or is a reasonable extension thereof, except as permitted by Section 7.05 hereof; provided, however, that (i) any Subsidiary may be reincorporated under the laws of another state, and (ii) so long as no
Event of Default shall be in existence or be caused thereby, nothing in this Agreement shall prevent the abandonment or termination of the existence, rights and franchises, or the change in the business of any Subsidiary which is not a Significant
Subsidiary, if, in the opinion of the Board of Directors of the Guarantor, such abandonment, termination or change is in the best interest of the Guarantor and not disadvantageous in any material respect to the Guaranteed Parties. 
  

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 SECTION 7.05        Consolidations, Mergers and Sales of
Assets.  The Guarantor will not, nor will the Guarantor permit any of its Significant Subsidiaries to, consolidate with or merge into, or sell, lease or otherwise transfer assets constituting all or substantially all the assets of the
Guarantor and its Subsidiaries to, any other Person; provided that (i) the Guarantor may consolidate with or merge into another Person if (A) such Person is a solvent Person organized under the laws of the United States of America
or one of its states, (B) the Guarantor is the Person surviving such merger or consolidation and (C) immediately after giving effect to such merger or consolidation, no Event of Default shall have occurred and be continuing and
(ii) Subsidiaries may consolidate with or merge into one another or into any other Person provided, that, in the case of a merger or consolidation involving a Significant Subsidiary, (A) such other Person is a solvent Person
organized under the laws of the United States of America or one of its states, (B) the Person surviving such merger or consolidation is a Subsidiary and (C) immediately after giving effect to such merger or consolidation no Event of
Default shall have occurred and be continuing. 
 SECTION 7.06        (Reserved].

 SECTION 7.07        Compliance with Laws; Payment of Taxes.  The Guarantor
will, and will cause each of its Subsidiaries and each member of the Controlled Group to, comply with applicable laws (including but not limited to ERISA), regulations and similar requirements of governmental authorities (including but not limited
to PBGC), except where the necessity of such compliance is being contested in good faith through appropriate proceedings or where the failure to so comply would not reasonably be expected to have or cause a Material Adverse Effect. The Guarantor
will, and will cause each of its Subsidiaries to, pay promptly when due all taxes, assessments, governmental charges, claims for labor, supplies, rent and other obligations which, if unpaid, would become a lien against the property of the Guarantor
or any of their Subsidiaries, except (i) liabilities being contested in good faith and against which, if requested by the Administrative Agent, the Guarantor will set up reserves in accordance with GAAP or (ii) where the failure so to pay
would not reasonably be expected to have or cause a Material Adverse Effect. 
 SECTION 7.08        Insurance.  The Guarantor will maintain, and will cause each of its Subsidiaries to maintain (either in the name of the Guarantor or in such Subsidiary’s
own name), with financially sound and reputable insurance companies, insurance on all its property in substantially such amounts and against substantially such risks as are usually insured against in the same general area by companies of established
repute and of similar size and financial strength engaged in the same or similar business. 
 SECTION 7.09        Maintenance of Property.  The Guarantor shall, and shall cause each Significant Subsidiary to, maintain to the extent commercially reasonable all of its
properties and assets in good condition, repair and working order, ordinary wear and tear excepted. 
  

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 SECTION 7.10        Environmental
Notices.  The Guarantor shall furnish to the Administrative Agent prompt written notice of all Environmental Liabilities, pending, threatened or anticipated Environmental Proceedings, Environmental Notices, Environmental Judgments and
Orders, and Environmental Releases at, on, in, under or in any way affecting the Properties or any adjacent property, and all facts, events, or conditions that could lead to any of the foregoing; provided, that, no such notification will be
required, unless any of the foregoing facts, events or conditions would reasonably be expected to have or cause a Material Adverse Effect. 
 SECTION 7.11        Environmental Matters.  The Guarantor and its Subsidiaries will not use, produce, manufacture, process, treat, recycle, generate, store, dispose of or manage
at the Properties, or otherwise handle, or ship or transport to or from the Properties, any Hazardous Materials except for Hazardous Materials used, produced, manufactured, processed, treated, recycled, generated, stored, disposed, managed, or
otherwise handled in the ordinary course of business in compliance in all material respects with applicable Environmental Requirements, and will take commercially reasonable steps to prohibit any third party from doing any of the acts prohibited by
the foregoing, except in each case to the extent no Material Adverse Effect would reasonably be expected to result therefrom. 
 SECTION 7.12        Environmental Release.  The Guarantor agrees that upon obtaining knowledge of the occurrence of an Environmental Release at or on any of the Properties it
will act promptly to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority. 
 SECTION 7.13        Change of Control Put.  If a Change of Control Triggering Event occurs,
unless the Guarantor has exercised its right to purchase the Guaranteed Term Loans pursuant to Section 9.13 hereof, Guaranteed Parties will have the right to require the Guarantor to purchase all or any part (equal to $1 million or an integral
multiple of $1 million in excess thereof or such lesser amount as the Guarantor may agree) of their Guaranteed Term Loans pursuant to the offer described below (the “Change of Control Offer”). In the Change of Control Offer, the
Guarantor will be required to offer payment in cash equal to 100% of the aggregate principal amount of Guaranteed Term Loans purchased plus accrued and unpaid interest, if any, on the Guaranteed Term Loans purchased, to the date of purchase (the
“Change of Control Payment”). Within 30 days following any Change of Control Triggering Event, the Guarantor will be required to mail a notice to the Administrative Agent, which shall immediately mail such notice to each of the
Guaranteed Parties, describing the transaction or transactions that constitute the Change of Control Triggering Event and offering to repay the Guaranteed Term Loans on the date specified in the notice, which date will be no earlier than 30 days and
no later than 60 days from the date such notice is mailed to the Administrative Agent (the “Change of Control Payment Date”), pursuant to the procedures described herein and in such notice. 
 ARTICLE VIII 
 Events of Default

 SECTION 8.01        Events of Default.  Each of the following events
constitutes an “Event of Default” wherever used herein: 
 (a)      the Guarantor shall
default in the punctual payment of the Guaranteed Obligations as set forth in Section 2.01 hereof and such failure to pay any Guaranteed Obligation shall continue for five (5) Business Days after such amount becomes due; or 
  

 -26- 

 (b)      the Guarantor shall fail to observe or perform any covenant
contained in Sections 7.02(ii), 7.03 to 7.05, inclusive; or 
 (c)      the Guarantor shall fail to observe or
perform any covenant or agreement contained or incorporated by reference in this Agreement (other than those covered by paragraph (a) or (b) above) and such failure shall not have been cured within 30 days after the earlier to occur of
(i) written notice thereof being given to the Guarantor by the Administrative Agent at the request of any Guaranteed Party or (ii) any of the chief executive, chief financial, chief operating, chief legal or chief accounting officer of the
Guarantor otherwise becoming aware of any such failure; or 
 (d)      any representation, warranty,
certification or statement made by the Guarantor in Section 5 of this Agreement or in any certificate, financial statement or other document delivered by the Guarantor pursuant to this Agreement shall prove to have been incorrect or misleading
in any material respect when made (or deemed made); or 
 (e)      the Guarantor or any Significant Subsidiary
shall fail to make any payment in respect of Debt (exclusive of Debt owing between and among the Guarantor and its respective Subsidiaries) outstanding in an aggregate amount in excess of $100,000,000 (other than Debt hereunder) when due or within
any applicable grace period; or 
 (f)      any event or condition shall occur which results in the
acceleration of the maturity of Debt for money borrowed outstanding in an aggregate amount in excess of $100,000,000 of the Guarantor or any Significant Subsidiary (including, without limitation, any required mandatory prepayment or “put”
of such Debt to the Guarantor or any Significant Subsidiary) or enables the holders of such Debt or any commitment for such Debt or any Person acting on such holders’ behalf to accelerate the maturity thereof or terminate any such commitment
(including, without limitation, any required mandatory prepayment or “put” of such Debt to the Guarantor or any Significant Subsidiary); or 
 (g)      the Guarantor or any Significant Subsidiary shall commence a voluntary case or other proceeding seeking liquidation, reorganization or other relief with respect to itself or its
debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, or shall consent
to any such relief or to the appointment of or taking possession by any such official in an involuntary case or other proceeding commenced against it, or shall make a general assignment for the benefit of creditors, or shall fail generally to pay
its debts as they become due, or shall take any corporate action to authorize any of the foregoing; or 
 (h)      an involuntary case or other proceeding shall be commenced against the Guarantor or any Significant Subsidiary seeking liquidation, reorganization or other relief with respect to it or its debts under
any bankruptcy, insolvency or other similar law now or hereafter 

  

 -27- 

 
in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property,
and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of 90 days; or an order for relief shall be entered against the Guarantor or any Significant Subsidiary under the federal bankruptcy laws as now or
hereafter in effect; or 
 (i)      one or more judgments or orders for the payment of money in an aggregate
amount in excess of $100,000,000 (excluding any amount covered by third party insurance as to which the insurer shall have acknowledged coverage) shall be rendered against the Guarantor or any Significant Subsidiary and such judgment or order shall
continue unsatisfied, unbonded and unstayed for a period of 60 days; or 
 (j)      one or more federal tax
liens securing an aggregate amount in excess of $100,000,000 shall be filed against the Guarantor or any Significant Subsidiary under Section 6323 of the Code or a lien of the PBGC shall be filed against the Guarantor or any Subsidiary under
Section 4068 of ERISA and in either case such liens shall remain undischarged for a period of 25 days after the date of filing; or 
 (k)      the Guarantor or any member of the Controlled Group shall fail to pay when due any material amount which it shall have become liable to pay to the PBGC or to a Plan under Title IV of ERISA; or notice
of intent to terminate a Plan or Plans shall be filed under Title IV of ERISA by the Guarantor, any member of the Controlled Group, any plan administrator or any combination of the foregoing; or the PBGC shall institute proceedings under Title IV of
ERISA to terminate or to cause a trustee to be appointed to administer any such Plan or Plans or a proceeding shall be instituted by a fiduciary of any such Plan or Plans to enforce Section 515 or 4219(c)(5) of ERISA and such proceeding shall
not have been dismissed within 30 days thereafter; or a condition shall exist by reason of which the PBGC would be entitled to obtain a decree adjudicating that any such Plan or Plans must be terminated; and in each such case such event or
circumstance would be reasonably likely to result in a Material Adverse Effect. 
 SECTION 8.02        Acceleration; Put Right.  (a) If an Event of Default specified in clause (g) or (h) above occurs, the Guarantor’s obligations pursuant to
Section 2.01 hereof shall ipso facto become and be immediately due and payable without further action or notice on the part of the Administrative Agent or any Guaranteed Party. 
 (b)      If an Event of Default other than an Event of Default specified in clause (g) or (h) above occurs with
respect to the Guarantor, unless the Guarantor has exercised its right to purchase the Guaranteed Term Loans pursuant to Section 9.13 hereof, the Guaranteed Parties will have the right to require the Guarantor to purchase all or any part (equal
to $1 million or an integral multiple of $1 million in excess thereof or such lesser amount as the Guarantor may agree) of their Guaranteed Term Loans pursuant to the offer described below (the “Event of Default Offer”). In the
Event of Default Offer, the Guarantor will be required to offer to purchase in cash equal to 100% of the aggregate principal amount of Guaranteed Term Loans outstanding plus accrued and unpaid interest, if any, on the Guaranteed Term Loans
outstanding, to the date of repayment (the “Event of Default Payment”). Within five (5) days following the occurrence any Event of Default, if such Event of Default shall be continuing, the Guarantor will be required to mail a
notice to the Administrative Agent, which shall immediately mail such 

  

 -28- 

 
notice to each of the Guaranteed Parties, describing the transaction or transactions that constitute the Event of Default and offering to purchase the
Guaranteed Term Loans on the date specified in the notice, which date will be no earlier than 30 days and no later than 60 days from the date such notice is mailed to the Administrative Agent (the “Event of Default Payment Date”),
pursuant to the procedures described herein and in such notice. Provided that if, following the occurrence of an Event of Default, the Guarantor satisfies the foregoing obligations, such Event of Default shall be deemed cured as of the date of the
occurrence of such Event of Default. 
 SECTION 8.03        Notice of
Default.  The Administrative Agent shall give notice to the Guarantor of any Default under Section 8.01(c), promptly upon being requested to do so by the Required Guaranteed Parties and shall thereupon notify all the Guaranteed
Parties thereof. 
 ARTICLE IX 
 Miscellaneous 
 SECTION 9.01        Notices.  All
communications and notices hereunder shall (except as otherwise expressly permitted herein) be in writing and shall be sufficiently given for all purposes hereunder if in writing and delivered by hand, courier or overnight delivery service, or three
(3) days after being mailed by certified or registered mail, return receipt requested, with appropriate postage prepaid, or when received in the form of a facsimile (receipt confirmation requested) and shall be directed to the address set forth
below (or at such other address or facsimile number as such party shall designate by like notice): 
 (a)      If to the Guarantor: 
 The Home Depot, Inc. 
 Building C-22 
 2455 Paces Ferry Road, NW

 Atlanta, Georgia 30339 
 Attention: Jack Van Woerkom, Executive Vice President and General Counsel 
 Fax: (770) 384-5552 
 (b)      If to the Borrower or any Other Guarantor: 
 c/o HD Supply, Inc. 
 3100 Cumberland Blvd.,
Suite 1480 
 Atlanta, Georgia 30339 
 Attention: General Counsel 
 Facsimile- (770) 852-9466 
 with copies to: 
 Debevoise &
Plimpton LLP 
 919 Third Avenue 
 New York, New York 10022 
 Attention: Paul D. Brusiloff, Esq. 
 Facsimile: (212) 909-6836 
 Telephone:
(212) 909-6000 
  

 -29- 

 (c)      If to the Administrative Agent: 
 Merrill Lynch Capital Corporation 
 4 World
Financial Center, 250 Vesey Street 
 New York, New York 10080 
 Attention: Don Burkitt 
 Facsimile: 212-449-5681 
 Telephone: 212-738-1186 
 SECTION 9.02        Limitation by Law.  All rights, remedies and powers provided in this Agreement may be exercised only to the extent that the exercise thereof does not violate
any applicable provision of law, and all the provisions of this Agreement are intended to be subject to all applicable mandatory provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this
Agreement invalid or unenforceable, in whole or in part, under the provisions of any applicable law. 
 SECTION 9.03        Successors and Assigns.  Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted
successors and assigns of such party; and all covenants, promises and agreements by or on behalf of each party hereto that are contained in this Agreement shall bind and inure to the benefit of their respective permitted successors and assigns;
provided that (a) the Guarantor may not assign, transfer or delegate any of its rights or obligations under this Agreement without the prior written consent of the Administrative Agent and (b) except as permitted under
Section 7.3 of the Credit Agreement, the Borrower may not assign transfer or delegate any of its rights or obligations under this Agreement without the prior written consent of the Guarantor. 
 SECTION 9.04        Governing Law.  THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES ARE NOT
MANDATORILY APPLICABLE BY STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION. 
 SECTION 9.05        Waivers; Amendment.  Neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement or agreements in
writing entered into by all parties hereto; provided, that (a) any and all representations, warranties, covenants and other provisions set forth in Article IV and Article VI may be waived, amended or modified with the written
consent of the Guarantor and the Borrower (and without the consent of any other party hereto), and (b) any and all representations, warranties, covenants and other provisions set forth in Article V, Article VII and Article VIII may be waived,
amended or modified with the written consent of the Guarantor and the Required Guaranteed Parties (and without the consent of any other party hereto). 
 SECTION 9.06        WAIVER OF JURY TRIAL.  EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING
RELATING TO THIS AGREEMENT OR ANY NOTES OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN. 
  

 -30- 

 SECTION 9.07        Severability.  Any
provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 SECTION 9.08        Counterparts.  This Agreement may be executed by one or more of the parties to this Agreement on any number of separate counterparts (including by telecopy),
and all of such counterparts taken together shall be deemed to constitute one and the same instrument. A set of the copies of this Agreement signed by all the parties shall be delivered by the Borrower and the Guarantor. 
 SECTION 9.09        Headings.  The Section and Article headings contained in this Agreement
and the parentheticals used in conjunction with section cross-references are inserted for convenience of reference only and will not affect the meaning or interpretation of this Agreement. 
 SECTION 9.10        Jurisdiction; Consent to Service of Process.  Each party hereto hereby
irrevocably and unconditionally: 
 (a)      submits for itself and its property in any legal action or
proceeding relating to this Agreement and the other Loan Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of the courts of the State of New York, the
courts of the United States of America for the Southern District of New York, and appellate courts from any thereof’, 
 (b)      consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or
that such action or proceeding was brought in an inconvenient forum and agrees not to plead or claim the same; 
 (c)      agrees that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid,
to the Borrower, the Guarantor, any Other Guarantor or the Administrative Agent, as the case may be, at the address specified in Section 9.01 hereof or at such other address of which the Administrative Agent or the Guarantor shall have been
notified pursuant thereto; 
 (d)      agrees that nothing herein shall affect the right to effect service of
process in any other manner permitted by law or shall limit the right to sue in any other jurisdiction; and 
 (e)      waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in this Section 9.10 any consequential or punitive
damages. 
  

 -31- 

 SECTION 9.11        Termination and
Release.  The obligations of the Guarantor pursuant to this Agreement shall automatically be terminated and released upon the payment in full in cash or immediately available funds of all of the Guaranteed Obligations (other than
unasserted contingent or unliquidated obligations or liabilities not then due) all without delivery of any instrument or performance of any act by any party. At the request of the Guarantor following any such termination, the Administrative Agent
shall execute and deliver to the Guarantor, at the Guarantor’s expense, all documents that the Guarantor shall reasonably request to evidence such termination or release; provided, that no such termination and release shall affect
or impair the rights of any Guaranteed Party in respect of any claim asserted at the time of such termination and release. The obligations of the Borrower and the Other Guarantors, including obligations pursuant to Section 3.01, shall survive
any such termination; provided, that if any Other Guarantor is released from its obligations under the Guarantee and Collateral Agreement or the Holding Pledge Agreement (as defined in the Credit Agreement) in compliance with the
requirements of the Loan Documents, then such Other Guarantor shall automatically be released from its obligations under this Agreement, including obligations pursuant to Section 3.01. 
 SECTION 9.12        No Waiver by Course of Conduct: Cumulative Remedies.  Neither the
Administrative Agent, the Guarantor nor any Guaranteed Party shall by any act (except by a written instrument pursuant to Section 9.05 hereof), delay, indulgence, omission or otherwise be deemed to have waived any right or remedy hereunder. No
failure to exercise, nor any delay in exercising, on the part of the Administrative Agent, the Guarantor or any Guaranteed Party, any right, power or privilege hereunder shall, to the extent permitted by applicable law or regulation, operate as a
waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Administrative Agent, the Guarantor
or any Guaranteed Party of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which the Administrative Agent, the Guarantor or such Guaranteed Party would otherwise have on any future occasion.
The rights and remedies herein provided are cumulative, may be exercised singly or concurrently and are not exclusive of any other rights or remedies provided by law or equity. 
 SECTION 9.13        Guarantor’s Right to Call.  The Guarantor shall have the right to
purchase all, but not less than all, of the then outstanding Guaranteed Term Loans at any time at a price of 100% of the principal amount thereof, plus accrued and unpaid interest to the date of repurchase and to assume, or cause to be assumed, all
of the obligations, if any, of the Lenders (as defined in the Credit Agreement) under the Loan Documents. Upon at least five (5) days’ written notice from the Guarantor to the Administrative Agent, with a copy to the Borrower, stating the
Guarantor’s intention to purchase the Guaranteed Term Loans on the date specified in the notice, the Guarantor shall deposit the full amount of the price specified in the immediately preceding sentence with the Administrative Agent and,
following such deposit, each Guaranteed Party, as of the date specified in such notice, shall automatically be deemed to have assigned, conveyed and transferred to the Guarantor all rights, title and interest in and to its Guaranteed Term Loans to
the extent of all payments made by the Guarantor in respect of such Guaranteed Term Loans, all without delivery of any instrument or performance of any act by any party, and shall be deemed in connection therewith to have executed and delivered to
the Guarantor an Assignment and Acceptance. At the request of the Guarantor following any such assignment, 

  

 -32- 

 
conveyance or other transfer, the Administrative Agent and each Guaranteed Party shall execute and deliver to the Guarantor all documents that the Guarantor
shall reasonably request to evidence such assignment and the making of such representations and warranties. 
 [Signature Page Follows]

  

 -33- 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first
above written. 
  

							
		 	THE HOME DEPOT, INC.
				
		 		 	By	 	
			
		 		 	         /s/ Jack A. VanWoerkom

		 		 	        Name: Jack A. VanWoerkom
		 		 	        Title: Executive Vice President

  

 SIGNATURE PAGE TO GUARANTEE AGREEMENT 

							
		 	HD SUPPLY, INC., for the benefit of the Guarantor only
			
		 	By:	 	 /s/ Ricardo Nunez

		 		 	Name:	 	  Ricardo Nunez
		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

					
	MERRILL LYNCH CAPITAL CORPORATION,
as Administrative Agent and Collateral Agent

		
	By:	 	 /s/ Don Burkitt

		 	Name:	 	  Don Burkitt
		 	Title:	 	  Vice President

  

 [Guarantee and Reimbursement Agreement] 

							
		 	ARVADA HARDWOOD FLOOR COMPANY, for the
benefit of the Guarantor only
		 	BRAFASCO HOLDINGS II, INC., for the benefit of the
Guarantor only
		 	BRAFASCO HOLDINGS, INC., for the benefit of the
Guarantor only
		 	COX LUMBER CO., for the benefit of the Guarantor only
		 	CREATIVE TOUCH INTERIORS, INC., for the benefit of
the Guarantor only
		 	FLOORS, INC., for the benefit of the Guarantor only
		 	FLOORWORKS, INC., for the benefit of the Guarantor
only
		 	GRAND FLOOR DESIGNS, INC., for the benefit of the
Guarantor only
		 	HD BUILDER SOLUTIONS GROUP, INC., for the
benefit of the Guarantor only
		 	HD SUPPLY CONSTRUCTION SUPPLY GROUP,
INC., for the benefit of the Guarantor only
		 	HD SUPPLY FACILITIES MAINTENANCE GROUP,
INC., for the benefit of the Guarantor only
		 	HD SUPPLY FASTENERS & TOOLS, INC., for the
benefit of the Guarantor only
		 	HD SUPPLY GP & MANAGEMENT, INC., for the
benefit of the Guarantor only
		 	HD SUPPLY MANAGEMENT, INC., for the benefit of
the Guarantor only
		 	HD SUPPLY PLUMBING/HVAC GROUP, INC., for the
benefit of the Guarantor only
		 	HD SUPPLY SUPPORT SERVICES, INC., for the benefit
of the Guarantor only
		 	HD SUPPLY UTILITIES GROUP, INC., for the benefit of
the Guarantor only
		 	HD SUPPLY WATERWORKS GROUP, INC., for the
benefit of the Guarantor only
		 	HSI IP, INC., for the benefit of the Guarantor only
		 	SUNBELT SUPPLY CANADA, INC., for the benefit of
the Guarantor only
		 	UTILITY SUPPLY OF AMERICA, INC., for the benefit
of the Guarantor only
		 	WHITE CAP CONSTRUCTION SUPPLY, INC., for the
benefit of the Guarantor only
		 	WORLD-WIDE TRAVEL NETWORK, INC., for the
benefit of the Guarantor only
			
		 	By:	 	 /s/ Ricardo Nunez

		 		 	Name:	 	  Ricardo Nunez
		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

							
		 	HD SUPPLY DISTRIBUTION SERVICES, LLC, for the
benefit of the Guarantor only
			
		 	By:	 	HD Supply GP & Management, Inc.,
its manager
			
		 	By:	 	 /s/ Ricardo Nunez

		 		 	Name:	 	  Ricardo Nunez
		 		 	Title:	 	  Vice President and Secretary
		
		 	HD SUPPLY REPAIR & REMODEL, LLC, for the benefit
of the Guarantor only
			
		 	By:	 	HD Supply GP & Management, Inc.,
its manager
			
		 	By:	 	 /s/ Ricardo Nunez

		 		 	Name:	 	  Ricardo Nunez
		 		 	Title:	 	  Vice President and Secretary
		
		 	PROVALUE, LLC, for the benefit of the Guarantor
only
			
		 	By:	 	HD Supply Support Services, Inc.,
its managing member
			
		 	By:	 	 /s/ Ricardo Nunez

		 		 	Name:	 	  Ricardo Nunez
		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 SOUTHWEST STAINLESS, L,P., for the benefit of
 the Guarantor only

				
		 		 	By:	 	HD Supply GP & Management, Inc.,
		 		 		 	its general partner
				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary
			
		 		 	 WILLIAMS BROS. LUMBER COMPANY, LLC, for
 the
benefit of the Guarantor only

				
		 		 	By:	 	HD Supply GP & Management, Inc.,
		 		 		 	its manager
				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary
			
		 		 	 HD SUPPLY CONSTRUCTION SUPPLY, LTD., for
 the
benefit of the Guarantor only

				
		 		 	By:	 	 HD Supply GP & Management, Inc.,
 its
general partner

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 HD SUPPLY ELECTRICAL, LTD., for the benefit of
 the Guarantor only

				
		 		 	By:	 	 HD Supply GP & Management, Inc.,
 its
general partner

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 HD SUPPLY FACILITIES MAINTENANCE, LTD.,
 for
the benefit of the Guarantor only

				
		 		 	By:	 	 HD Supply GP & Management, Inc.,
 its
general partner

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary
			
		 		 	 HD SUPPLY HOLDINGS, LLC, for the benefit of the
 Guarantor only

				
		 		 	By:	 	 HD Supply GP & Management, Inc.,
 its
manager

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 HD SUPPLY PLUMBING/HVAC, LTD., for the
 benefit of the Guarantor only

				
		 		 	By:	 	 HD Supply GP & Management, Inc.,
 its
general partner

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary
			
		 		 	 HD SUPPLY UTILITIES, LTD., for the benefit of the
 Guarantor only

				
		 		 	By:	 	 HD Supply GP & Management, Inc.,
 its
general partner

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 HD SUPPLY WATERWORKS, LTD., for the benefit
 of the Guarantor only

				
		 		 	By:	 	 HD Supply GP & Management, Inc.,
 its
general partner

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary
			
		 		 	 MADISON CORNER, LLC, for the benefit of the
 Guarantor only

				
		 		 	By:	 	 Cox Lumber Co.,
 its
manager

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary
			
		 		 	 PARK-EMP, LLC, for the benefit of the Guarantor
 only

				
		 		 	By:	 	 Cox Lumber Co.,
 its
manager

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 HDS IP HOLDING, LLC, for the benefit of the
 Guarantor only

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 HD SUPPLY CANADA INC., for the benefit of the
 Guarantor only

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 PRO CANADA HOLDINGS I, ULC, for the benefit
 of the Guarantor only

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	

  

 [Guarantee and Reimbursement Agreement] 

									
		 		 	 CND HOLDINGS INC., for the benefit of the
 Guarantor only

				
		 		 	By:	 	 /s/ Ricardo Nunez

		 		 		 	Name:	 	  Ricardo Nunez
		 		 		 	Title:	 	  Vice President and Secretary

  

 [Guarantee and Reimbursement Agreement] 

 Schedule 4.01 
 Other Guarantors 
 Arvada Hardwood Floor Company, a Delaware corporation 
 Brafasco Holdings II, Inc., a Delaware corporation 
 Brafasco Holdings, Inc.,
a Delaware corporation 
 Creative Touch Interiors, Inc., a Delaware corporation 
 Floorworks, Inc., a Delaware corporation 
 Grand Floor Designs, Inc., a Delaware corporation 
 HD Builder Solutions Group, Inc., a Delaware corporation 
 HD Supply
Construction Supply Group, Inc., a Delaware corporation 
 HD Supply Distribution Services, LLC, a Delaware limited liability company 
 HD Supply Facilities Maintenance Group, Inc., a Delaware corporation 
 HD
Supply GP & Management, Inc., a Delaware corporation 
 HD Supply Plumbing/HVAC Group, Inc., a Delaware corporation 
 HD Supply Repair & Remodel, LLC, a Delaware limited liability company 
 HD Supply Support Services, Inc., a Delaware corporation 
 HD Supply Utilities Group, Inc., a Delaware corporation 
 HD Supply Waterworks Group, Inc., a Delaware corporation 
 HSI IP, Inc., a
Delaware corporation 
 ProValue, LLC, a Delaware limited liability company 
 Southwest Stainless, L.P., a Delaware limited partnership 
 Sunbelt Supply Canada, Inc., a Delaware corporation 

White Cap Construction Supply, Inc., a Delaware corporation 
 Williams
Bros. Lumber Company, LLC, a Delaware limited liability company 
 Cox Lumber Co., a Florida corporation 
 HD Supply Construction Supply, Ltd., a Florida limited partnership 
 HD Supply
Electrical, Ltd., a Florida limited partnership 
 HD Supply Facilities Maintenance, Ltd., a Florida limited partnership 
 HD Supply Holdings, LLC, a Florida limited liability company 
 HD Supply
Management, Inc., Florida corporation 
 HD Supply Plumbing/HVAC, Ltd., a Florida limited partnership 
 HD Supply Utilities, Ltd., a Florida limited partnership 
 HD Supply
Waterworks, Ltd., a Florida limited partnership 
 Madison Corner, LLC, a Florida limited liability company 
 Park-Emp, LLC, a Florida limited liability company 
 World-Wide Travel
Network, Inc., a Florida corporation 
 Utility Supply of America, Inc., an Illinois corporation 
 Floors, Inc., a Maryland corporation 
 HD Supply Fasteners & Tools, Inc., a Michigan corporation 
 HDS IP Holding, LLC, a Nevada limited liability company 

 Schedule 5.08 
 Significant Subsidiaries 
  

			
	Name	  	Jurisdiction of Incorporation
		
	Home Depot U.S.A., Inc.	  	Delaware
		
	HD Development of Maryland, Inc.	  	Maryland

 EXHIBIT A 
 SUPPLEMENT NO. [—] (this “Supplement”) dated as of [—], 200[—], among THE HOME DEPOT,
INC., a Delaware corporation (“Guarantor”), [                    ], a
[            ] (the “Borrower”), and
[                    ] (the “New Guarantor”), and Merrill Lynch Capital Corporation, as administrative agent (in such
capacity, the “Administrative Agent”) under that certain Credit Agreement dated as of August     , 2007 (as the same may be amended, restated, supplemented or otherwise modified from time to time in
accordance with its terms and the terms of the Guarantee Agreement referred to below, the “Credit Agreement”) by and among the Administrative Agent, the Lenders (as defined therein), the Borrower and the other parties named therein.

 A.      Reference is made to the Guarantee and Reimbursement Agreement dated as of August 30, 2007 (the
“Guarantee Agreement”), among the Guarantor, the Borrower, and each Other Guarantor (as defined therein), and the Administrative Agent. 
 B.      Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement or the Guarantee Agreement referred to
therein, as applicable. 
 C.      The Guarantor has entered into the Guarantee Agreement in order to induce
the Guaranteed Parties to make Guaranteed Term Loans. 
 D.      Pursuant to Section 4.01 of the Guarantee
Agreement, the Borrower has agreed to cause any person that provides an Other Guarantee subsequent to the date of the Guarantee Agreement to become a party to the Guarantee Agreement in its capacity as an Other Guarantor pursuant to documentation
substantially the same as this Supplement. 
 E.      The undersigned is executing this Supplement in
accordance with the requirements of the Guarantee Agreement that each Other Guarantor become a party to the Guarantee Agreement. 
 Accordingly, the Guarantor, the Administrative Agent, the Borrower and the New Guarantor agree as follows: 
 SECTION
1.    In accordance with Section 4.01 of the Guarantee Agreement, the New Guarantor by its signature below becomes a party to the Guarantee Agreement with the same force and effect as if originally named therein as an Other
Guarantor and the New Guarantor hereby (a) agrees to all the terms and provisions of the Guarantee Agreement applicable to it as an Other Guarantor thereunder and (b) represents and warrants that the representations and warranties made by
it as an Other Guarantor thereunder are true and correct on and as of the date hereof. Each reference to an “Other Guarantor” in the Guarantee Agreement shall be deemed to include the New Guarantor. The Guarantee Agreement is hereby
incorporated herein by reference. 
 SECTION 2.    This Supplement may be executed in counterparts (and by different
parties hereto on different 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 Guarantor and the Administrative Agent
shall each have received 

 
counterparts of this Supplement that, when taken together, bear the signatures of the New Guarantor, the Guarantor and the Administrative Agent. Delivery of
an executed signature page to this Supplement by facsimile transmission shall be as effective as delivery of a manually signed counterpart of this Supplement. 
 SECTION 3.    Except as expressly supplemented hereby, the Guarantee Agreement shall remain in full force and effect. 
 SECTION 4.    THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 5.    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 Guarantee Agreement shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular
provision 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 6.    All communications and notices hereunder shall (except as otherwise expressly permitted by the Guarantee Agreement) be in writing and given as provided in Section 9.01 of the
Guarantee Agreement to the following address: 
 [include the address]. 
 SECTION 7.    The New Guarantor agrees to reimburse the Guarantor and the Administrative Agent for each of their respective
reasonable out-of-pocket expenses in connection with this Supplement, including the fees, other charges and disbursements of counsel for each of the New Guarantor and the Administrative Agent. 

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

					
	[NAME OF NEW GUARANTOR],
			
		 	By	 	
			
		 		 	  

		 		 	Name:
		 		 	Title:
	
	[                    ], as Administrative Agent,
			
		 	by	 	
			
		 		 	  

		 		 	Name:
		 		 	Title:
	
	[                    ], as Borrower
			
		 	By	 	
			
		 		 	  

		 		 	Name:
		 		 	Title:

							
				
		 	WITNESS:	 		 	  

		 		 		 	Name:
				
		 	WITNESS:	 		 	  

		 		 		 	Name:

 EXHIBIT B 
 FORM OF COMPLIANCE CERTIFICATE 
 Reference is made to the Guarantee and Reimbursement Agreement dated as of
August 30, 2007 (the “Guarantee Agreement”), among the The Home Depot Inc., and each Other Guarantor (as defined therein), in favor of Merrill Lynch Capital Corporation, as administrative agent on behalf of the Guaranteed Term
Lenders. Capitalized terms used herein shall have the meanings ascribed thereto in the Guarantee Agreement. 
 Pursuant to Section 7.01(a) of the
Guarantee Agreement,                     , the duly authorized
                     of the Guarantor, hereby certifies to the Administrative Agent and the Guaranteed Parties that the information attached
hereto on Schedule 1 is true, accurate and complete as of                  and that no Default is in existence on and as of the date hereof. 
  

											
		 		 		 	THE HOME DEPOT, INC.	 	
						
		 		 		 	By:	 	  
	 	
		 		 		 		 	Name:	 	
		 		 		 		 	Title:

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