Document:

EX-10.1

 Exhibit 10.1 
 Execution Version 
  

 
  

FIRST AMENDED & RESTATED CREDIT AGREEMENT 
 dated as of 
 July 31, 2013 

among 
 THE
WILLIAMS COMPANIES, INC., 
 as Borrower 
 The Lenders Party Hereto 
 and 

CITIBANK, N.A., 
 as Administrative Agent 
  

 
  

CITIGROUP GLOBAL MARKETS INC., 
 BARCLAYS BANK PLC, 
 J.P. MORGAN SECURITIES LLC 

and 
 MERRILL
LYNCH, PIERCE, FENNER & SMITH INCORPORATED, 
 as Joint Lead Arrangers and Joint Bookrunners 

BANK OF AMERICA, N.A. 
 BARCLAYS BANK PLC, 
 and 

J.P. MORGAN SECURITIES LLC, 
 as Co-Syndication Agents 
 CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,

 as Documentation Agent 
 5-Year $ 1,500,000,000 Senior Unsecured Revolving Credit Facility 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	  
			
	 Section 1.01
	 	Defined Terms	  	 	1	  
			
	 Section 1.02
	 	Classification of Loans and Borrowings	  	 	23	  
			
	 Section 1.03
	 	Terms Generally	  	 	23	  
			
	 Section 1.04
	 	Accounting Terms; GAAP	  	 	24	  
		
	 ARTICLE II THE CREDITS
	  	 	24	  
			
	 Section 2.01
	 	Commitments	  	 	24	  
			
	 Section 2.02
	 	Loans and Borrowings	  	 	25	  
			
	 Section 2.03
	 	Requests for Borrowings	  	 	26	  
			
	 Section 2.04
	 	[Reserved]	  	 	27	  
			
	 Section 2.05
	 	[Reserved]	  	 	27	  
			
	 Section 2.06
	 	Letters of Credit	  	 	27	  
			
	 Section 2.07
	 	Funding of Borrowings	  	 	33	  
			
	 Section 2.08
	 	Interest Elections	  	 	33	  
			
	 Section 2.09
	 	Termination and Reduction of Commitments	  	 	34	  
			
	 Section 2.10
	 	Repayment of Loans; Evidence of Debt	  	 	36	  
			
	 Section 2.11
	 	Prepayment of Loans	  	 	36	  
			
	 Section 2.12
	 	Fees	  	 	37	  
			
	 Section 2.13
	 	Interest	  	 	38	  
			
	 Section 2.14
	 	Alternate Rate of Interest	  	 	39	  
			
	 Section 2.15
	 	Increased Costs	  	 	40	  
			
	 Section 2.16
	 	Break Funding Payments	  	 	41	  
			
	 Section 2.17
	 	Taxes	  	 	41	  
			
	 Section 2.18
	 	Payments Generally; Pro Rata Treatment; Sharing of Set-offs	  	 	45	  
			
	 Section 2.19
	 	Mitigation Obligations; Replacement of Lenders	  	 	46	  
		
	 ARTICLE III REPRESENTATIONS AND WARRANTIES
	  	 	47	  
			
	 Section 3.01
	 	Organization; Powers	  	 	48	  
			
	 Section 3.02
	 	Authorization; Enforceability	  	 	48	  
			
	 Section 3.03
	 	Governmental Approvals; No Conflicts	  	 	48	  
			
	 Section 3.04
	 	Financial Condition	  	 	48	  
			
	 Section 3.05
	 	Litigation	  	 	48	  
			
	 Section 3.06
	 	Environmental Matters	  	 	49	  

  
 -i-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	 Section 3.07
	 	Disclosure	  	 	49	  
			
	 Section 3.08
	 	Solvency	  	 	49	  
			
	 Section 3.09
	 	ERISA	  	 	49	  
			
	 Section 3.10
	 	Investment Company Status	  	 	49	  
			
	 Section 3.11
	 	Margin Securities	  	 	50	  
		
	 ARTICLE IV CONDITIONS
	  	 	50	  
			
	 Section 4.01
	 	Effective Date	  	 	50	  
			
	 Section 4.02
	 	Each Credit Event	  	 	51	  
			
	 Section 4.03
	 	Defaulting Lenders	  	 	51	  
		
	 ARTICLE V AFFIRMATIVE COVENANTS
	  	 	52	  
			
	 Section 5.01
	 	Financial Statements and Other Information	  	 	52	  
			
	 Section 5.02
	 	Notices of Material Events	  	 	53	  
			
	 Section 5.03
	 	Existence; Conduct of Business	  	 	54	  
			
	 Section 5.04
	 	Payment of Obligations	  	 	54	  
			
	 Section 5.05
	 	Maintenance of Properties; Insurance	  	 	55	  
			
	 Section 5.06
	 	Books and Records; Inspection Rights	  	 	55	  
			
	 Section 5.07
	 	Compliance with Laws	  	 	55	  
			
	 Section 5.08
	 	Use of Proceeds and Letters of Credit	  	 	55	  
			
	 Section 5.09
	 	Maintenance of Ownership	  	 	55	  
		
	 ARTICLE VI NEGATIVE COVENANTS
	  	 	56	  
			
	 Section 6.01
	 	Indebtedness	  	 	56	  
			
	 Section 6.02
	 	Liens	  	 	57	  
			
	 Section 6.03
	 	Fundamental Changes	  	 	57	  
			
	 Section 6.04
	 	Restricted Payments	  	 	57	  
			
	 Section 6.05
	 	Restrictive Agreements	  	 	58	  
			
	 Section 6.06
	 	Affiliate Transactions	  	 	59	  
			
	 Section 6.07
	 	Leverage Ratio	  	 	59	  
		
	 ARTICLE VII EVENTS OF DEFAULT
	  	 	60	  
		
	 ARTICLE VIII THE ADMINISTRATIVE AGENT
	  	 	63	  
			
	 Section 8.01
	 	Appointment and Authority	  	 	63	  
			
	 Section 8.02
	 	Administrative Agent Individually	  	 	63	  
			
	 Section 8.03
	 	Duties of Administrative Agent; Exculpatory Provisions	  	 	64	  

  
 -ii-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	 Section 8.04
	 	Reliance by Administrative Agent	  	 	65	  
			
	 Section 8.05
	 	Delegation of Duties	  	 	65	  
			
	 Section 8.06
	 	Resignation of Administrative Agent	  	 	66	  
			
	 Section 8.07
	 	Non-Reliance on Administrative Agent and Other Lender Parties	  	 	67	  
			
	 Section 8.08
	 	No Other Duties, etc	  	 	68	  
			
	 Section 8.09
	 	Trust Indenture Act	  	 	68	  
			
	 Section 8.10
	 	Resignation of an Issuing Bank	  	 	68	  
		
	 ARTICLE IX MISCELLANEOUS
	  	 	68	  
			
	 Section 9.01
	 	Notices	  	 	68	  
			
	 Section 9.02
	 	Posting of Approved Electronic Communications	  	 	69	  
			
	 Section 9.03
	 	Waivers; Amendments	  	 	70	  
			
	 Section 9.04
	 	Expenses; Indemnity; Damage Waiver	  	 	71	  
			
	 Section 9.05
	 	Successors and Assigns	  	 	73	  
			
	 Section 9.06
	 	Survival	  	 	76	  
			
	 Section 9.07
	 	Counterparts; Integration; Effectiveness	  	 	76	  
			
	 Section 9.08
	 	Severability	  	 	77	  
			
	 Section 9.09
	 	Right of Setoff	  	 	77	  
			
	 Section 9.10
	 	Governing Law; Jurisdiction; Consent to Service of Process	  	 	77	  
			
	 Section 9.11
	 	WAIVER OF JURY TRIAL	  	 	78	  
			
	 Section 9.12
	 	Headings	  	 	78	  
			
	 Section 9.13
	 	Confidentiality	  	 	78	  
			
	 Section 9.14
	 	Treatment of Information	  	 	79	  
			
	 Section 9.15
	 	Interest Rate Limitation	  	 	81	  
			
	 Section 9.16
	 	No Waiver; Remedies	  	 	81	  
			
	 Section 9.17
	 	USA Patriot Act Notice	  	 	81	  
			
	 Section 9.18
	 	No Advisory or Fiduciary Responsibility	  	 	82	  
			
	 Section 9.19
	 	GP Buy-in	  	 	82	  
			
	 Section 9.20
	 	Amendment and Restatement	  	 	82	  

  
 -iii-

 TABLE OF CONTENTS 

(continued) 
  

					
	 	 	 	  	Page

 SCHEDULES: 
  

					
	 Schedule 2.01
	  	-	  	Commitments
	 Schedule 2.06
	  	-	  	Existing Letters of Credit
	 Schedule 6.05
	  	-	  	Restrictive Agreements

 EXHIBITS: 
  

					
	 Exhibit A
	  	-	  	Form of Assignment and Acceptance
	 Exhibit B
	  	-	  	Form of Borrowing Request
	 Exhibit C
	  	-	  	Form of Interest Election Request
	 Exhibit D
	  	-	  	Form of Compliance Certificate
	 Exhibit E
	  	-	  	Form of Note
	 Exhibit F
	  	-	  	Form of U.S. Tax Compliance Certificate

  
 -iv-

 FIRST AMENDED & RESTATED CREDIT AGREEMENT 

This First Amended & Restated Credit Agreement dated as of July 31, 2013 (as amended, restated,
supplemented or otherwise modified from time to time, the “Agreement”), is among THE WILLIAMS COMPANIES, INC., a Delaware corporation (the “Borrower”), the LENDERS party hereto, and CITIBANK, N.A., as Administrative
Agent. 
 The parties hereto agree as follows: 

ARTICLE I 

DEFINITIONS AND ACCOUNTING TERMS 
 Section 1.01 Defined Terms. As used in this Agreement, the following terms have the meanings specified below: 

“ABR”, when used in reference to any Loan or Borrowing, refers to a Loan, or Loans, in the case of a
Borrowing, which bear interest at a rate determined by reference to the Alternate Base Rate. 

“Acquisition Adjustment Period” means a period elected by the Borrower, such election to be exercised by
the Borrower by delivering notice thereof to the Administrative Agent, beginning with the funding date of the purchase price for any Specified Acquisition and ending on the earlier of (a) the last day of the second fiscal quarter next
succeeding the fiscal quarter in which the Specified Acquisition was consummated; or (b) the Borrower’s election to terminate such Acquisition Adjustment Period, such election to be exercised by the Borrower delivering notice thereof to
the Administrative Agent. 
 “Activities” has the meaning specified in
Section 8.02(b). 
 “Added L/C Effective Date” has the meaning set forth in
Section 2.06(l). 
 “Added L/C Representations” means representations and warranties
made in letter of credit applications with respect to Added Letters of Credit that are in addition to or inconsistent with the representations contained in Article III. 

“Added Letter of Credit” has the meaning set forth in Section 2.06(l). 

“Administrative Agent” means Citibank, N.A., in its capacity as administrative agent for the Lenders
hereunder. 
 “Administrative Questionnaire” means an Administrative Questionnaire in a form
supplied by the Administrative Agent. 
 “Affiliate” means, with respect to a specified Person,
another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Agent’s Group” has the meaning specified in Section 8.02(b). 

  
 1 

 “Aggregate Commitments” means the aggregate amount of all
of the Lenders’ Commitments. The initial Aggregate Commitments as of the Effective Date are $1,500,000,000. 
 “Alternate Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on
such day plus  1/2 of 1% and (c) the LIBO Rate for a one month Interest Period that begins on such day (and if such day is not a Business Day, the immediately preceding Business Day) plus 1%. Any change in the
Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the LIBO Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

 “Applicable Percentage” means, with respect to any Lender, the percentage of the
Aggregate Commitments represented by such Lender’s Commitment. If the Aggregate Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Aggregate Commitments most recently in effect, giving effect
to any assignments. 
 “Applicable Rate” means for any day (a) with respect to the Loans
made to the Borrower, the applicable rate per annum set forth below under the caption “Eurodollar Spread” for Loans comprising Eurodollar Borrowings or “ABR Spread” for Loans comprising ABR Borrowings, as the case may be, based
upon the ratings by Moody’s and S&P, respectively, applicable on such date to the Index Debt for the Borrower, or (b) with respect to the commitment fees payable hereunder, the rate per annum set forth below under the caption
“Commitment Rate” based upon the ratings by Moody’s and S&P, respectively, applicable on such date to the Index Debt for the Borrower. 
  

													
	 Index Debt Ratings:
 (S&P/Moody’s)
	  	Eurodollar
Spread	 	 	ABR Spread	 	 	Commitment Rate	 
	 Category 1 > BBB+ / Baa1
	  	 	1.125	% 	 	 	0.125	% 	 	 	0.150	% 
	 Category 2 BBB / Baa2
	  	 	1.375	% 	 	 	0.375	% 	 	 	0.175	% 
	 Category 3 BBB- / Baa3
	  	 	1.500	% 	 	 	0.500	% 	 	 	0.225	% 
	 Category 4 BB+ / Ba1
	  	 	1.625	% 	 	 	0.625	% 	 	 	0.275	% 
	 Category 5 < BB / Ba2
	  	 	1.750	% 	 	 	0.750	% 	 	 	0.300	% 

 For purposes of the foregoing, (i) if only one of Moody’s and S&P shall have in effect a
rating for the Index Debt, then the other rating agency shall be deemed to have established a rating in the same Category as such agency; (ii) if each of Moody’s and S&P shall have in effect a rating for the Index Debt, and such
ratings shall fall within different Categories, the Applicable Rate shall be based on (A) if the difference is one Category, the higher of the two ratings, and (B) if the difference is more than one Category, the rating one Category below
the higher of the two ratings; and (iii) if the ratings established or deemed to have been established by Moody’s and 

  
 2 

 
S&P for the Index Debt shall be changed (other than as a result of a change in the rating system of Moody’s or S&P), such change shall be effective as of the date on which it is
first announced by the applicable rating agency. Each change in the Applicable Rate shall apply during the period commencing on the effective date of such change and ending on the date immediately preceding the effective date of the next such
change. If neither Moody’s nor S&P shall have in effect a rating for the Index Debt, then the ratings for the Index Debt shall be deemed to fall within Category 5. If the rating system of Moody’s or S&P shall change, or if any such
rating agency shall cease to be in the business of rating corporate debt obligations, the Borrower and the Lenders shall negotiate in good faith to amend this definition to reflect such changed rating system or the unavailability of ratings from
such rating agency and, pending the effectiveness of any such amendment, the Applicable Rate shall be determined by reference to the rating most recently in effect prior to such change or cessation. 

“Approved Electronic Communications” means each Communication that the Borrower is obligated to, or
otherwise chooses to, provide to the Administrative Agent pursuant to any Loan Document or the transactions contemplated therein, including any financial statement, financial and other report, notice, request, certificate and other information
material. 
 “Approved Electronic Platform” has the meaning specified in
Section 9.02. 
 “Approved Fund” means any Fund that is administered or managed by
(a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Assignment and Acceptance” means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any party whose consent is required by
Section 9.05), and accepted by the Administrative Agent, substantially in the form of Exhibit A or any other form approved by the Administrative Agent. 

“Attributable Obligation” of any Person means, with respect to any Sale and Leaseback Transaction of
such Person as of any particular time, the present value at such time discounted at the rate of interest implicit in the terms of the lease of the obligations of the lessee under such lease for net rental payments during the remaining term of the
lease (including any period for which such lease has been extended or may, at the option of such Person only, be extended). 
 “Availability Period” means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date of termination of the Aggregate Commitments.

 “Bankruptcy Code” means Title 11 of the United States Code, as now or hereafter in effect,
or any successor thereto. 
 “Beneficial Owner” has the meaning assigned to such term in Rule
13d-3 and Rule 13d-5 under the Exchange Act, except that in calculating the beneficial ownership of any particular “person” (as that term is used in Section 13(d)(3) of the Exchange Act), such “person” will be deemed to have
beneficial ownership of all securities that such “person” has the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only upon the occurrence of a subsequent
condition. The terms “Beneficially Owns” and “Beneficially Owned” have correlative meanings. 

  
 3 

 “Borrower” has the meaning specified in the first paragraph
hereof. 
 “Borrowing” means Loans of the same Type, made, converted or continued on the same
date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect. 

“Borrowing Request” means a request by the Borrower for a Borrowing in accordance with
Section 2.03, and being in the form of attached Exhibit B. 
 “Business Day”
means any day that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to remain closed; provided that, when used in connection with a Eurodollar Loan, the term “Business
Day” shall also exclude any day on which banks are not open for dealings in dollar deposits in the London interbank market. 
 “Canadian Subsidiary” means any subsidiary of the Borrower that is incorporated or organized under the laws of Canada, any province thereof or any territory thereof. 

“Capital Lease Obligations” of any Person means the obligations of such Person to pay rent or other
amounts under any lease of real or personal property, or a combination thereof, which obligations are required under GAAP to be classified and accounted for as capital leases on a balance sheet of such Person, and the amount of such obligations
shall be the capitalized amount thereof determined in accordance with GAAP; provided that (a) any lease that was treated as an operating lease under GAAP at the time it was entered into that later becomes a capital lease as a result of a
change in GAAP during the life of such lease, including any renewals, and (b) any lease entered into after the date of this Agreement that would have been considered an operating lease under the provisions of GAAP in effect as of
December 31, 2012, in each case, shall be treated as an operating lease for all purposes under this Agreement. 
 “Capital Stock” means: 
 (a) in the case of a
corporation, corporate stock; 
 (b) in the case of an association or business entity, any and all shares,
interests, participations, rights or other equivalents (however designated) of corporate stock; 
 (c) in the
case of a partnership or limited liability company, partnership or membership interests (whether general or limited); and 
 (d) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person. 

“Cash Collateralize” means, in respect of an obligation, provide and pledge (as a first priority
perfected security interest) cash collateral in dollars, at a location and pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent (and “Cash Collateralization” has a corresponding
meaning). 

  
 4 

 “Change in Control” means the occurrence of any of the
following: 
 (a) any Person (other than a trustee or other fiduciary holding securities under an employee
benefit plan of the Borrower or of any Subsidiary of the Borrower) or two or more Persons acting in concert (other than any group of employees of the Borrower or any of its Subsidiaries) becomes the Beneficial Owner, directly or indirectly, of 50%
or more of the Voting Stock of the Borrower; or 
 (b) the first day on which a majority of the members of the
Board of Directors of the Borrower are not Continuing Directors. 
 “Change in Law” means the
occurrence, after the date of this Agreement, of any of the following: (a) the adoption of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation, implementation
or application thereof by any Governmental Authority or (c) the making or issuance of, and compliance by the relevant Lender or Issuing Bank with, any request, guideline or directive (whether or not having the force of law) by any Governmental
Authority; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith
and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory
authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted, adopted or issued. 

“Closing Date” means July 31, 2013. 

“Code” means the Internal Revenue Code of 1986, as amended from time to time. 

“Commitment” means, with respect to any Lender, the commitment of such Lender to make Loans and to
acquire participations in Letters of Credit, expressed as an amount representing the maximum aggregate amount of such Lender’s Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to
Section 2.09 and (b) increased from time to time pursuant to Section 2.01 or assignments by or to such Lender pursuant to Section 9.05. The initial amount of each Lender’s Commitment is set forth on
Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Commitment, as applicable. 
 “Communications” means each notice, demand, communication, information, document and other material provided for hereunder or under any other Loan Document or otherwise transmitted
between the parties hereto relating to this Agreement, the other Loan Documents, the Borrower or its Affiliates, or the transactions contemplated by this Agreement or the other Loan Documents including, without limitation, all Approved Electronic
Communications. 
 “consolidated” or “Consolidated” when used in relation to
the Borrower, excludes any reference to, or inclusion of the MLP Entities and their respective assets, liabilities, financial condition and results of operation, except as otherwise expressly set forth herein. 

  
 5 

 “Consolidated EBITDA” means, for any period (without
duplication), consolidated net income of the Borrower and its consolidated Subsidiaries for such period, plus (a) each of the following to the extent deducted in determining such consolidated net income (i) all Consolidated Interest
Expense, (ii) all income Taxes and franchise Taxes of the Borrower and its consolidated Subsidiaries for such period, (iii) all depreciation, depletion and amortization (including amortization of goodwill and debt issuance costs) of the
Borrower and its consolidated Subsidiaries for such period, (iv) any other non-cash charges or losses of the Borrower and its consolidated Subsidiaries for such period, including asset impairments, write-downs or write-offs and (v) the
amount of charges, fees or expenses associated with any debt, including in connection with the repurchase or repayment thereof, including any premium and acceleration of fees or discounts and other expenses, plus (b) the amount of cash
dividends actually received during such period by the Borrower on a consolidated basis from unconsolidated Subsidiaries of the Borrower, other Persons, and to the extent made out of the operating surplus of the MLP or the General Partner, the MLP
and the General Partner (provided that any such cash dividends actually received within thirty days after the last day of any fiscal quarter attributable to operations during such prior fiscal quarter shall be deemed to have been received
during such prior fiscal quarter and not in the fiscal quarter actually received) minus (c) each of the following (i) all non-cash items of income or gain of the Borrower and its consolidated Subsidiaries which were included in determining
such consolidated net income for such period, (ii) any cash payments made during such period in respect of items described in clause (a)(iv) above subsequent to the fiscal quarter in which the relevant non-cash charges or losses were reflected
as a charge in determining consolidated net income hereunder and (iii) equity earnings from unconsolidated Subsidiaries of the Borrower. If, since the beginning of the four fiscal quarter period ending on the date for which Consolidated EBITDA
is determined, the Borrower, any Subsidiary of the Borrower or any entity with respect to which the Borrower holds an equity method investment shall have made any acquisition of assets, shall have consolidated or merged with or into any Person
(other than a Subsidiary of the Borrower), or shall have made an acquisition of any Person, Consolidated EBITDA may, at the Borrower’s option, be calculated giving pro forma effect thereto as if the acquisition, consolidation or merger had
occurred on the first day of such period. Such pro forma effect shall be determined in good faith by a Financial Officer of the Borrower. 
 “Consolidated Indebtedness” means, with respect to any Person, the Indebtedness of such Person and its consolidated Subsidiaries determined on a consolidated basis as of such date.

 “Consolidated Interest Expense” means, for any period, all interest paid or accrued during
such period by the Borrower and its consolidated Subsidiaries on, and all fees and related charges in respect of, Consolidated Indebtedness which was deducted in determining consolidated net income during such period. 

“Consolidated Net Tangible Assets” means, at any date of determination, the total amount of consolidated
assets of the Borrower and its Subsidiaries after deducting therefrom: (a) all current liabilities (excluding (i) any current liabilities that by their terms are extendable or renewable at the option of the obligor thereon to a time more
than 12 months after the time as of which the amount thereof is being computed, and (ii) current maturities of long-term debt); and (b) the value (net of any applicable reserves and accumulated amortization) of all goodwill, trade names,
trademarks, patents and other like intangible assets, all as set forth, or on a pro forma basis would be set forth, on the consolidated balance sheet of the Borrower and its Subsidiaries for the most recently completed fiscal quarter, prepared in
accordance with GAAP. 

  
 6 

 “Consolidated Net Worth” means as to any Person, at any
date of determination, the sum of (a) preferred stock (if any), (b) an amount equal to the face amount of outstanding Hybrid Securities not in excess of 15% of Consolidated Total Capitalization, (c) par value of common stock,
(d) capital in excess of par value of common stock, (e) stockholders’ capital or equity, and (f) retained earnings, less treasury stock (if any), of such Person, all as determined on a consolidated basis. 

“Consolidated Total Capitalization” means as to any Person, the sum of (a) Consolidated
Indebtedness and (b) such Person’s Consolidated Net Worth. 
 “Continuing Directors”
means, as of any date of determination, any member of the Board of Directors of the Borrower who: 
 (a) was a
member of such Board of Directors on the date of this Agreement; or 
 (b) 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. 

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

“Credit Exposure” means, with respect to any Lender at any time, the sum of the outstanding principal
amount of such Lender’s Loans and its LC Exposure at such time. 
 “Default” means any
event or condition which constitutes an Event of Default or which upon notice, lapse of time or both would, unless cured or waived, become an Event of Default. 
 “Defaulting Lender” means, at any time, a Lender as to which the Administrative Agent (or, in the case of a Lender that is itself the Administrative Agent, any Issuing Bank with a Letter
of Credit Commitment in excess of $100,000,000) has notified the Borrower that (a) such Lender has failed for three or more Business Days to comply with its obligations under this Agreement to make a Loan, make a payment to an Issuing Bank in
respect of an LC Disbursement except for such failure being contested in good faith by appropriate proceedings (each a “funding obligation”), (b) such Lender has notified the Administrative Agent, or has stated publicly, that
it will not comply with any such funding obligation hereunder or generally under other agreements in which it extends credit, (c) such Lender has, for three or more Business Days, failed to confirm in writing to the Administrative Agent (or, in
the case of the Administrative Agent, the Issuing Bank or Borrower making such request), in response to a written request of the Administrative Agent, any Issuing Bank with a Letter of Credit Commitment in excess of $100,000,000 or the Borrower,
that it will comply with its funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the
Borrower), or (d) a 

  
 7 

 
Lender Insolvency Event has occurred and is continuing with respect to such Lender (provided that neither the reallocation of funding obligations provided for in
Section 2.06(k) as a result of a Lender’s being a Defaulting Lender nor the performance by Non-Defaulting Lenders of such reallocated funding obligations will by themselves cause the relevant Defaulting Lender to become a
Non-Defaulting Lender); provided, that (i) if a Lender would be a “Defaulting Lender” solely by reason of events relating to the Parent Company of such Lender or solely because a Governmental Authority has been appointed as
receiver, conservator, trustee or custodian for such Lender, in each case as described in clause (d) above, the Administrative Agent (or applicable Issuing Bank) may, in its discretion, determine that such Lender is not a “Defaulting
Lender” if and for so long as the Administrative Agent (or applicable Issuing Bank) is satisfied that such Lender will continue to perform its funding obligations hereunder, (ii) the Administrative Agent (or applicable Issuing Bank) may,
by notice to the Borrower and the Lenders, declare that a Defaulting Lender is no longer a “Defaulting Lender” if the Administrative Agent (or applicable Issuing Bank) determines, in its discretion, that the circumstances that resulted in
such Lender becoming a “Defaulting Lender” no longer apply and (iii) a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of Voting Stock or any other Equity Interest in such Lender or a Parent
Company thereof or the exercise of any voting rights in connection therewith by a Governmental Authority or an instrumentality thereof. Any determination that a Lender is a Defaulting Lender under clauses (a) through (d) above will be made
by the Administrative Agent in its sole discretion acting in good faith, provided that the determination that the Administrative Agent is a Defaulting Lender under clauses (a) through (d) above may be made by any Issuing Bank with a
Letter of Credit Commitment in excess of $100,000,000 at the time of such determination in its sole discretion acting in good faith. The Administrative Agent (or applicable Issuing Bank) will promptly send to all parties hereto a copy of any notice
to the Borrower provided for in this definition. For avoidance of doubt (A) an assignee of a Defaulting Lender shall not be deemed to be a Defaulting Lender solely by virtue of the fact that it is an assignee of a Defaulting Lender and
(B) when a Defaulting Lender ceases to be a Defaulting Lender (due to assignment to a new Lender, commitment reduction pursuant to Section 2.09(d), clause (ii) of the proviso of this definition of Defaulting Lender, or
otherwise), all Cash Collateral in connection with such Defaulting Lender with respect to Letters of Credit under Section 2.06(j)(ii) shall be promptly released to the Borrower and all commitment reallocations under
Section 2.06(k) shall be promptly adjusted. 
 “dollars” or “$”
refers to lawful money of the United States of America. 
 “Effective Date” means the date on
or prior to July 31, 2013, specified in the notice referred to in the last sentence of Section 4.01. 
 “Eligible Assignee” means (a) a Lender, (b) an Affiliate of a Lender, (c) an Approved Fund, and (d) any other Person (other than a natural person) approved by
(i) the Administrative Agent, (ii) the Issuing Banks, and (iii) unless an Event of Default has occurred and is continuing, the Borrower (each such approval not to be unreasonably withheld or delayed); provided that
notwithstanding the foregoing, “Eligible Assignee” shall not include the Borrower or any of the Borrower’s Affiliates. 

  
 8 

 “Environmental Laws” means all laws, rules, regulations,
codes, ordinances, orders, decrees, judgments, injunctions, notices or binding agreements issued, promulgated or entered into by any Governmental Authority, relating to the environment, preservation or reclamation of natural resources, or the
management, release or threatened release of any Hazardous Material. 
 “Equity Interest” means
shares of the Capital Stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity interests in any Person, or any warrants, options or other rights to acquire such interests.

 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to
time. 
 “ERISA Affiliate”, as to any applicable Person, means any trade or business (whether
or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single
employer under Section 414 of the Code. 
 “ERISA Event” means (a) any
“reportable event”, as defined in Section 4043(c) of ERISA (other than a “reportable event” not subject to the provision for 30-day notice to the PBGC or a “reportable event” as such term is described in
Section 4043(c)(3) of ERISA) or the regulations issued thereunder with respect to a Plan (other than an event for which the 30-day notice period is waived) which could reasonably be expected to result in a termination of, or the appointment of
a trustee to administer, a Plan; (b) the existence with respect to any Plan of an “accumulated funding deficiency” (as defined in Section 412 of the Code or Section 302 of ERISA), whether or not waived; (c) the filing
pursuant to Section 412(d) of the Code or Section 303(d) of ERISA of an application for a waiver of the minimum funding standard with respect to any Plan; (d) the incurrence by the Borrower or any of its ERISA Affiliates of any
liability under Title IV of ERISA with respect to the termination of any Plan; (e) the receipt by the Borrower or any ERISA Affiliate from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan or Plans or
to appoint a trustee to administer any Plan; (f) the incurrence by the Borrower or any of its ERISA Affiliates of any liability with respect to the withdrawal or partial withdrawal from any Plan or Multiemployer Plan during a plan year in which
it was a “substantial employer,” as such term is defined in Section 4001(a)(2) of ERISA; or (g) the receipt by the Borrower or any ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from the Borrower or any
ERISA Affiliate of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization, within the meaning of Title IV of ERISA, other than (in the case
of clauses (a) through (f) of this definition) where the matters described in such clauses, in the aggregate, could not reasonably be expected to have a Material Adverse Effect. 

“Eurocurrency Liabilities” has the meaning assigned to that term in Regulation D of the Board of
Governors of the Federal Reserve System of the United States of America, as in effect from time to time. 

“Eurodollar”, when used in reference to any Loan or Borrowing, refers to a Loan, or Loans, in the case
of a Borrowing, which bear interest at a rate determined by reference to the LIBO Rate. 

  
 9 

 “Eurodollar Rate Reserve Percentage” of any Lender for any
Interest Period for each Eurodollar Borrowing means the reserve percentage applicable during such Interest Period (or if more than one such percentage shall be so applicable, the daily average of such percentages for those days in such Interest
Period during which any such percentage shall be so applicable) under regulations issued from time to time by the Board of Governors of the Federal Reserve System of the United States of America for determining the maximum reserve requirement
(including, without limitation, any emergency, supplemental or other marginal reserve requirement) for such Lender with respect to liabilities or assets consisting of or including Eurocurrency Liabilities having a term equal to such Interest Period.

 “Event of Default” has the meaning assigned to such term in Article VII. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Excluded Taxes” means, any of the following Taxes imposed on or with respect to a Recipient or required
to be withheld or deduct from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being
organized under the laws of, or having its principal office, or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection
Taxes, (b) in the case of a Lender (other than an assignee pursuant to a request by the Borrower under Section 2.19(b)), any withholding Tax that is imposed on amounts payable to such Lender at the time such Lender becomes a party
to this Agreement (or designates a new lending office) or is attributable to such Lender’s failure to comply with Section 2.17(f), except to the extent that such Lender (or its assignor, if any) was entitled, at the time of
designation of a new lending office (or assignment), to receive additional amounts from the Borrower with respect to such withholding Tax pursuant to Section 2.17(a) and (c) any U.S. Federal withholding Taxes imposed by FATCA.

 “Existing Credit Agreement” means the Credit Agreement dated as of June 3, 2011 among
the Borrower, the lenders party thereto and Citibank, N.A., as administrative agent, as amended prior to the Effective Date. 
 “Existing Letters of Credit” means all letters of credit listed on Schedule 2.06. 
 “FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable and not materially more
onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code. 

“Federal Funds Effective Rate” means, for any day, the weighted average of the rates on overnight
federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that
is a Business Day, the average of the quotations for such day for such transactions received by the Administrative Agent from three federal funds brokers of recognized standing selected by it. 

  
 10 

 “Fee Letters” means (a) the letter agreement dated as
of July 16, 2013 between the Borrower and Citigroup Global Markets Inc., (b) the letter agreement dated as of July 16, 2013 between the Borrower and Merrill Lynch, Pierce, Fenner & Smith Incorporated, (c) the letter
agreement dated as of July 16, 2013 between the Borrower and Barclays Bank PLC and (d) the letter agreement dated as of July 16, 2013 between the Borrower and JPMorgan Chase Bank, N.A. 

“Financial Officer” means, with respect to any Person, the chief financial officer, principal accounting
officer, treasurer, assistant treasurer or controller of such Person or the governing body of such Person. 

“Financing Transaction” means, with respect to any Person (a) any prepaid forward sale of oil, gas
or minerals by such Person (other than gas balancing arrangements in the ordinary course of business), that is intended primarily as a borrowing of funds, excluding volumetric production payments and (b) any interest rate, currency, commodity
or other swap, collar, cap, option or other derivative that is intended primarily as a borrowing of funds (excluding interest rate, currency, commodity or other swaps, collars, caps, options or other derivatives to hedge against risks for
non-speculative purposes), with the amount of the obligations of such Person thereunder being the net obligations of such Person thereunder. 
 “Foreign Lender” means any Lender that is not a U.S. Person. 
 “Fund” means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of
credit in the ordinary course of its business. 
 “GAAP” means generally accepted accounting
principles in the United States of America. 
 “General Partner” means Williams Partners GP
LLC, a Delaware limited liability company (including any permitted successors and assigns under the MLP Partnership Agreement). 
 “Governmental Authority” means the government of the United States of America or any other nation, or of any political subdivision thereof, whether state or local, and any agency,
authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national
bodies such as the European Union or the European Central Bank). 
 “GP Buy-in” means any
transaction pursuant to which the Borrower sells, transfers, leases or disposes of the Equity Interests it owns in the General Partner to MLP. 
 “Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes or other pollutants, including petroleum or petroleum
distillates, asbestos or asbestos containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature, in each case regulated pursuant to any Environmental Law. 

  
 11 

 “Hedging Agreement” means a financial instrument or
security which is used as a cash flow or fair value hedge to manage the risk associated with a change in interest rates, foreign currency exchange rates or commodity prices. 

“Hybrid Securities” means any trust preferred securities, or deferrable interest subordinated debt with
a maturity of at least 20 years, which provides for the optional or mandatory deferral of interest or distributions, issued by the Borrower, or any business trusts, limited liability companies, limited partnerships or similar entities
(a) substantially all of the common equity, general partner or similar interests of which are owned (either directly or indirectly through one or more wholly owned Subsidiaries) at all times by the Borrower or any of its Subsidiaries,
(b) that have been formed for the purpose of issuing hybrid securities or deferrable interest subordinated debt, and (c) substantially all the assets of which consist of (i) subordinated debt of the Borrower or a Subsidiary of the
Borrower, and (ii) payments made from time to time on the subordinated debt. 

“Indebtedness” of any Person at any date means, without duplication, (a) all indebtedness of such
Person for borrowed money, (b) all obligations of such Person evidenced by notes, bonds, debentures or other similar instruments (other than surety, performance and guaranty bonds), (c) all obligations of such Person for the deferred
purchase price of property or services (other than trade payables), which obligation is, individually, in excess of $100,000,000, (d) all Capital Lease Obligations of such Person, (e) all obligations of such Person under any Financing
Transaction, (f) all Attributable Obligations of such Person with respect to any Sale and Leaseback Transaction, and (g) all obligations of such Person under guaranties in respect of, and obligations (contingent or otherwise) to purchase
or otherwise acquire, or otherwise to assure a creditor against loss in respect of, Indebtedness or obligations of others of the kinds referred to in clauses (a) through (f) of this definition; provided that Indebtedness shall not
include (1) Non-Recourse Debt, (2) Performance Guaranties, (3) monetary obligations or guaranties of monetary obligations of Persons as lessee under leases (other than, to the extent provided hereinabove, Attributable Obligations)
that are, in accordance with GAAP, recorded as operating leases, (4) any obligations of such Person under volumetric production payment arrangements, (5) International Debt and (6) guarantees by such Person of obligations of others
which are not obligations described in clauses (a) through (f) of this definition, and provided further that where any such indebtedness or obligation of such Person is made jointly, or jointly and severally, with any third party or
parties other than any Subsidiary of such Person, the amount thereof for the purpose of this definition only shall be the pro rata portion thereof payable by such Person, so long as such third party or parties have not defaulted on its or their
joint and several portions thereof and can reasonably be expected to perform its or their obligations thereunder. For the avoidance of doubt, “Indebtedness” of a Person in respect of letters of credit shall include, without duplication,
only the principal amount of the unreimbursed obligations of such Person in respect of such letters of credit that have been drawn upon by the beneficiaries to the extent of the amount drawn, and shall include no other obligations in respect of such
letters of credit. 
 Notwithstanding the foregoing, Indebtedness of the Borrower will be deemed not to include
Indebtedness of the General Partner with respect to Indebtedness of the MLP arising by operation of law due to such General Partner’s position as a general partner of the MLP. 

  
 12 

 “Indemnified Taxes” means (a) Taxes, other than
Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of the Borrower under any Loan Document, and (b) to the extent not otherwise described in clause (a), Other Taxes. 

“Index Debt” means senior, unsecured, non-credit enhanced Indebtedness of the Borrower. 

“Information Memorandum” means the Confidential Information Memorandum dated July 2013 relating to the
Borrower and the Transactions. 
 “Interest Election Request” means a request by the Borrower
to convert or continue a Borrowing in accordance with Section 2.08, and being in the form of attached Exhibit C. 
 “Interest Payment Date” means (a) with respect to any ABR Loan, the last Business Day of each March, June, September and December, and (b) with respect to any Eurodollar Loan,
the last Business Day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Eurodollar Borrowing with an Interest Period of more than three (3) months’ duration, each day that occurs an
integral multiple of three (3) months after the first day of such Interest Period. 
 “Interest
Period” means with respect to any Eurodollar Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one, two, three, six or, if available to all of the
Lenders, 12 months thereafter, as the Borrower may elect; provided, that (a) if any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless, in the
case of a Eurodollar Borrowing only, such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day and (b) any Interest Period pertaining to a Eurodollar
Borrowing that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the last Business Day of the last calendar month
of such Interest Period. For purposes of this definition, the date of a Borrowing initially shall be the date on which such Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such Borrowing.

 “International Debt” means the Indebtedness of any International Subsidiary. 

“International Subsidiary” means any subsidiary of the Borrower that (a) is not incorporated or
organized under the laws of the United States of America, any State thereof or the District of Columbia and (b) is not a Canadian Subsidiary. 
 “Issuing Bank” means the Persons listed on Schedule 2.01 with a Letter of Credit Commitment or any other Lender that has issued or agreed to issue Letters of Credit at the request
of the Borrower after consultation with the Administrative Agent, in its capacity as the issuer of such Letter of Credit, and “Issuing Banks” means, collectively, all of such Issuing Banks. 

  
 13 

 “Joint Lead Arrangers” means Citigroup Capital Markets
Inc., Barclays Bank PLC, J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint lead arrangers and joint book runners. 

“LC Disbursement” means a payment made by an Issuing Bank pursuant to a Letter of Credit. 

“LC Exposure” means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding
Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Lender at any time shall be its Applicable Percentage of
the total LC Exposure at such time. 
 “Lender Insolvency Event” means that (a) a Lender
or its Parent Company is insolvent, or is generally unable to pay its debts as they become due, or admits in writing its inability to pay its debts as they become due, or makes a general assignment for the benefit of its creditors, or (b) such
Lender or its Parent Company is the subject of a bankruptcy, insolvency, reorganization, liquidation or similar proceeding, or a receiver, trustee, conservator, intervenor or sequestrator or the like has been appointed for such Lender or its Parent
Company, or such Lender or its Parent Company has taken any action in furtherance of or indicating its consent to or acquiescence in any such proceeding or appointment. 

“Lender Party” means any Lender or any Issuing Bank. 

“Lender Party Appointment Period” has the meaning assigned in Section 8.06. 

“Lenders” means the Persons listed on Schedule 2.01 and any other Person that shall have become a
party hereto pursuant to an Assignment and Acceptance or pursuant to Section 2.01(c), other than any such Person that ceases to be a party hereto pursuant to an Assignment and Acceptance. 

“Letter of Credit” means any letter of credit issued pursuant to this Agreement, including the Added
Letters of Credit. 
 “Letter of Credit Commitment” means, with respect to any Issuing Bank,
the commitment of such Issuing Bank to issue Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of the LC Exposure with respect to Letters of Credit issued by such Issuing Bank and LC Disbursements with
respect to Letters of Credit issued by such Issuing Bank, as such commitment may be (a) reduced from time to time pursuant to Section 2.09, (b) increased or reduced pursuant to Section 2.01(c)(iii) or
(c) terminated pursuant to Section 8.10. The initial amount of each Issuing Bank’s Letter of Credit Commitment is set forth on Schedule 2.01. 

“Letter of Credit Documents” means with respect to any Letter of Credit, each letter of credit
application and any other document, agreement and instrument entered into by an Issuing Bank and the Borrower (or by the Borrower on behalf of any Subsidiary of the Borrower, as a co-applicant) or in favor of such Issuing Bank and relating to any
such Letter of Credit. 

  
 14 

 “LIBO Rate” means, with respect to any Eurodollar Borrowing
for any Interest Period, (a) the rate per annum appearing at Reuters Reference LIBOR01 page (or on any successor or substitute therefor provided by Reuters, providing rate quotations comparable to those currently provided on such page, as
determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to dollar deposits in the London interbank market) at approximately 11:00 a.m., London time, two Business Days prior to the
commencement of such Interest Period, as the rate for dollar deposits with a maturity comparable to such Interest Period; (b) if for any reason the rate specified in clause (a) of this definition does not so appear on Reuters Reference
LIBOR01 (or any successor thereto or substitute therefor provided by Reuters), the rate per annum appearing on Bloomberg Financial Markets Service (or any successor or substitute page) as the London interbank offered rate for deposits in dollars at
approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period for a maturity comparable to such Interest Period; and (c) if the rate specified in clause (a) of this definition does not so appear
on Reuters Reference LIBOR01 (or any successor or substitute page provided by Reuters) and if no rate specified in clause (b) of this definition so appears on Bloomberg Financial Markets Service (or any successor or substitute page), the
average of the interest rates per annum at which dollar deposits of $5,000,000 and for a maturity comparable to such Interest Period are offered by the respective principal London offices of the Reference Banks in immediately available funds in the
London interbank market at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period. 
 “Lien” means, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of such asset, and
(b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement relating to such asset. 
 “Loans” means the loans made by the Lenders to the Borrower pursuant to this Agreement. 
 “Loan Documents” means this Agreement, each Note, each Letter of Credit Document, the Fee Letters, and all other agreements, certificates, documents, instruments and writings at any time
delivered in connection herewith or therewith (exclusive of term sheets and commitment letters). 

“Material Adverse Effect” means a material adverse effect on (a) the financial condition,
operations, or properties of the Borrower and its Subsidiaries, taken as a whole, or (b) the ability of the Borrower to perform its obligations under this Agreement and the Notes, or (c) the validity or enforceability of this Agreement or
the Notes. 
 “Material Indebtedness” means Indebtedness (other than the Loans), of any one or
more of the Borrower and its Subsidiaries in an aggregate principal amount exceeding $100,000,000. 

“Material Subsidiary” means, with respect to any Person, each Subsidiary of such Person that, as of the
last day of the fiscal year of such Person most recently ended prior to the relevant determination of Material Subsidiaries, has a net worth determined in accordance with GAAP that is greater than 10% of the Consolidated Net Worth of such Person as
of such day; provided that the Non-Recourse Subsidiaries of the Borrower shall not be deemed to be Material Subsidiaries for any purpose of this Agreement. 

  
 15 

 “Maturity Date” means the fifth anniversary of the
Effective Date. 
 “MLP” means Williams Partners, L.P., a Delaware limited partnership.

 “MLP Entities” means the MLP and its respective Subsidiaries. 

“MLP Partnership Agreement” means the Amended and Restated Agreement of Limited Partnership of MLP dated
as of August 23, 2005 among the General Partner and Williams Energy Services, LLC, Williams Energy, L.L.C., Williams Discovery Pipeline LLC and Williams Partners Holdings LLC, as modified from time to time. 

“Moody’s” means Moody’s Investors Service, Inc. or its successor. 

“Multiemployer Plan” means a multiemployer plan as defined in Section 4001(a)(3) of ERISA, which is
maintained by (or to which there is an obligation to contribute of) the Borrower or an ERISA Affiliate of the Borrower. 
 “Non-Defaulting Lender” means, at any time, a Lender that is not a Defaulting Lender. 
 “Non-Recourse Debt” means any Indebtedness incurred by any Non-Recourse Subsidiary to finance the acquisition, improvement, installation, design, engineering, construction, development,
completion, maintenance or operation of, or otherwise to pay costs and expenses relating to or provide financing for a project, which Indebtedness does not provide for recourse against the Borrower or any Subsidiary of the Borrower (other than a
Non-Recourse Subsidiary and such recourse as exists under a Performance Guaranty) or any property or asset of the Borrower or any Subsidiary of the Borrower (other than the Equity Interests in, or the property or assets of, a Non-Recourse
Subsidiary). Non-Recourse Debt may become or cease to become Non-Recourse Debt on the basis of whether it satisfies this definition at the time considered. 
 “Non-Recourse Subsidiary” means (a) any subsidiary of the Borrower (other than any Subsidiary that owns or controls, directly or indirectly, Equity Interests in the General Partner
or the MLP) whose principal purpose is to incur Non-Recourse Debt and/or construct, lease, own or operate the assets financed thereby, or to become a direct or indirect partner, member or other equity participant or owner in a Person created for
such purpose, and substantially all the assets of which subsidiary and such Person are limited to (i) those assets being financed (or to be financed), or the operation of which is being financed (or to be financed), in whole or in part by
Non-Recourse Debt, (ii) Equity Interests in, or Indebtedness or other obligations of, one or more other such Subsidiaries or Persons, or (iii) Indebtedness or other obligations of the Borrower or its Subsidiaries or other Persons and
(b) any Subsidiary of a Non-Recourse Subsidiary. A Non-Recourse Subsidiary may become or cease to become a Non-Recourse Subsidiary on the basis of whether it satisfies this definition at the time considered. 

“Notes” means any promissory notes issued by Borrower pursuant to Section 2.10(e). 

  
 16 

 “Other Connection Taxes” means, with respect to any
Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its
obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loans or Loan Document). 

“Other Taxes” means all present or future stamp, court or documentary, intangible, recording, filing or
similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any
such Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 2.19). 
 “Parent Company” means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning,
beneficially or of record, directly or indirectly, a majority of the shares of such Lender. 

“Participant” has the meaning set forth in Section 9.05(d). 

“Participant Register” has the meaning set forth in Section 9.05(d). 

“PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor
entity performing similar functions. 
 “pdf” means Portable Document Format or any other
electronic format for the transmission of images. 
 “Performance Guaranty” means any guaranty
issued in connection with any Non-Recourse Debt or International Debt that (a) if secured, is secured only by assets of, or Equity Interests in, a Non-Recourse Subsidiary or an International Subsidiary, and (b) guarantees to the provider
of such Non-Recourse Debt or International Debt or any other Person the (i) performance of the improvement, installation, design, engineering, construction, acquisition, development, completion, maintenance or operation of, or otherwise affects
any such act in respect of, all or any portion of the project that is financed by such Non-Recourse Debt or International Debt, (ii) completion of the minimum agreed equity contributions to the relevant Non-Recourse Subsidiary or International
Subsidiary, or (iii) performance by a Non-Recourse Subsidiary or an International Subsidiary of obligations to Persons other than the provider of such Non-Recourse Debt or International Debt. 

“Permitted Liens” means: 

(a) any Lien existing on any property at the time of the acquisition thereof and not created in contemplation of such
acquisition by the Borrower or any of its Subsidiaries, whether or not assumed by the Borrower or any of its Subsidiaries; 
 (b) any Lien existing on any property of a Subsidiary of the Borrower at the time it becomes a Subsidiary of the Borrower and not created in contemplation thereof and any Lien existing on any property of
any Person at the time such Person is merged or liquidated into or consolidated with the Borrower or any of its Subsidiaries and not created in contemplation thereof; 

  
 17 

 (c) purchase money and analogous Liens incurred in connection with the
acquisition, development, construction, improvement, repair or replacement of property (including such Liens securing Indebtedness incurred within 12 months of the date on which such property was acquired, developed, constructed, improved, repaired
or replaced); provided that all such Liens attach only to the property acquired, developed, constructed, improved, repaired or replaced and the principal amount of the Indebtedness secured by such Lien shall not exceed the gross cost of the
property; 
 (d) Liens occurring in, arising from, or associated with Specified Escrow Arrangements; 

(e) Liens on accounts receivable and related asset proceeds thereof arising in connection with a receivables financing and
any Lien held by the purchaser of receivables derived from property or assets sold by the Borrower or any of its Subsidiaries and securing such receivables resulting from the exercise of any rights arising out of defaults on such receivables;

 (f) leases constituting Liens now or hereafter existing and any renewals or extensions thereof; 

(g) any Lien securing industrial development, pollution control or similar revenue bonds; 

(h) Liens existing on the Closing Date; 

(i) Liens in favor of the Borrower or any of its Subsidiaries; 

(j) Liens securing Indebtedness incurred to refund, extend, refinance or otherwise replace Indebtedness
(“Refinanced Indebtedness”) secured by a Lien permitted to be incurred under this Agreement; provided, that (i) the principal amount of such Refinanced Indebtedness does not exceed the principal amount of Indebtedness
refinanced (plus the amount of penalties, premiums, fees, accrued interest and reasonable expenses and other obligations incurred therewith) at the time of such refunding, extension, refinancing or replacement and (ii) the Liens securing the
Refinancing Indebtedness are limited to either (A) substantially the same collateral that secured, at the time of such refunding, extension, refinancing or replacement, the Indebtedness so refunded, extended, refinanced or replaced or
(B) other collateral of reasonably equivalent value of the collateral described in clause (A) above; 

(k) Liens on and pledges of the Equity Interests of any joint venture owned by the Borrower or any of its Subsidiaries to
the extent securing Indebtedness of such joint venture that is non-recourse to the Borrower or any of its Subsidiaries; 
 (1) any Lien created or assumed by the Borrower or any of its Subsidiaries on oil, gas, coal or other mineral or timber property, owned or leased by the Borrower or any of its Subsidiaries in the ordinary
course of the business; 

  
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 (m) Liens on the products and proceeds (including insurance, condemnation
and eminent domain proceeds) of and accessions to, and contract or other rights (including rights under insurance policies and product warranties) derivative of or relating to, property permitted to be subject to Liens but subject to the same
restrictions and limitations set forth in this Agreement as to Liens on such property (including the requirement that such Liens on products, proceeds, accessions and rights secure only obligations that such property is permitted to secure);

 (n) any Liens securing Indebtedness neither assumed nor guaranteed by the Borrower or a Subsidiary of the
Borrower nor on which it customarily pays interest, existing upon real estate or rights in or relating to real estate (including rights-of-way and easements) acquired by the Borrower or such Subsidiary, which Liens do not materially impair the use
of such property for the purposes for which it is held by the Borrower or such Subsidiary; 
 (o) any Lien
existing or hereafter created on any office equipment, data processing equipment (including computer and computer peripheral equipment) or transportation equipment (including motor vehicles, aircraft and marine vessels); 

(p) undetermined Liens incidental to construction or maintenance; 

(q) any Lien created by the Borrower or a Subsidiary of the Borrower on any contract (or any rights thereunder or proceeds
therefrom) providing for advances by the Borrower or such Subsidiary to finance gas exploration and development or to finance acquisition or construction of gathering systems, which Lien is created to secure Indebtedness incurred to finance such
advance; 
 (r) any Liens on cash, short term investments and letters of credit securing obligations of the
Borrower or any of its Subsidiaries under currency hedges and interest rate hedges; 
 (s) Liens granted pursuant
to any Loan Document, including in connection with any Cash Collateralization; 
 (t) Liens for Taxes, customs
duties or other governmental charges or assessments that are not at the time determined (or, if determined, are not at the time delinquent), or that are delinquent but the validity of which is being contested in good faith by appropriate proceedings
and with respect to which reserves in conformity with GAAP, if required by such principles, have been provided on the books of the relevant entity; 
 (u) Liens pursuant to master netting agreements and other agreements entered into in the ordinary course of business in connection with hedging obligations, so long as such Liens encumber only amounts
owed under the hedges covered by such agreements; 
 (v) Liens on cash deposits in the nature of a right of
setoff, banker’s lien, counterclaim or netting of cash amounts owed arising in the ordinary course of business on deposit accounts; 

  
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 (w) Liens securing Non-Recourse Debt of a Non-Recourse Subsidiary on the
assets (and the income and proceeds therefrom) of such Non-Recourse Subsidiary that are not owned by the Borrower or any of its Subsidiaries on the Closing Date and that are acquired, developed, operated and/or constructed with the proceeds of
(i) such Non-Recourse Debt or investments in such Non-Recourse Subsidiary or (ii) Non-Recourse Debt or investments referred to in clause (i) refinanced in whole or in part by such Non-Recourse Debt; 

(x) Liens securing Non-Recourse Debt of a Non-Recourse Subsidiary on the assets (and the income and proceeds therefrom) of
such Non-Recourse Subsidiary that are owned by the Borrower or any of its Subsidiaries on the Closing Date (“Existing Assets”) and that are developed, operated and/or constructed with the proceeds of (i) such Non-Recourse Debt
or investments in such Non-Recourse Subsidiary or (ii) Non-Recourse Debt or investments referred to in clause (i) refinanced in whole or in part by such Non-Recourse Debt, provided that the aggregate fair market value (determined as
of the Closing Date) of Existing Assets on which Liens may be granted pursuant to this clause (x) shall not exceed $250,000,000; 
 (y) Liens securing International Debt so long as such Liens do not encumber any assets of the Borrower or any of its Subsidiaries; 

(z) Liens on deposits or other security given to secure bids, tenders, trade contracts, leases, government contracts, or
to secure or in lieu of surety and appeal bonds, performance and return of money bonds, in each case to secure obligations arising in the ordinary course of business of the Borrower and its Subsidiaries; 

(aa) Liens on deposits or other security given to secure public or statutory obligations and deposits as security for the
payment of Taxes, other governmental assessments or other similar governmental charges, in each case to secure obligations of a Borrower or any of its Subsidiaries arising in the ordinary course of business; and 

(bb) Liens on assets of any Canadian Subsidiary securing Indebtedness of any Canadian Subsidiary. 

Each of the foregoing paragraphs (a) through (bb) shall also be deemed to permit (i) appropriate Uniform Commercial Code and
other similar filings to perfect the Liens permitted by such paragraph and (ii) Liens on the products and proceeds (including insurance, condemnation and eminent domain proceeds) of and accessions to, and contract or other rights (including
rights under insurance policies and product warranties) derivative of or relating to, the property permitted to be encumbered under such paragraph, but subject to the same restrictions and limitations herein set forth as to Liens on such property
(including the requirement that such Liens on products, proceeds, accessions and rights secure only the specified obligations, and in the amount, that such property is permitted to secure). 

“Person” means any natural person, corporation, limited liability company, trust, joint venture,
association, company, partnership, Governmental Authority or other entity. 
 “Plan” means any
employee pension benefit plan (other than a Multiemployer Plan) as defined in Section 3(2) of ERISA currently maintained by, or in the event such plan has terminated, to which contributions have been made or an obligation to make such
contributions has accrued during any of the five plan years preceding the date of the termination of such plan by, the Borrower or any ERISA Affiliate of the Borrower subject to the provisions of Title IV of

  
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ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069
of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA. 
 “Prime
Rate” means the rate of interest per annum publicly announced from time to time by Citibank, N.A. as its prime rate in effect at its principal office in New York, New York. Each change in the Prime Rate shall be effective from and including
the date such change is publicly announced as being effective. 
 “Recipient” means
(a) the Administrative Agent, (b) any Lender, and (c) any Issuing Bank, as applicable. 

“Reference Banks” means Citibank, N.A., Barclays Bank PLC and Bank of America, N.A. 

“Register” has the meaning set forth in Section 9.05(c). 

“Related Parties” means, with respect to any specified Person, such Person’s Affiliates and the
respective directors, officers, members, partners, employees, agents and advisors of such Person and such Person’s Affiliates. 
 “Required Lenders” means, at any time, Lenders having Credit Exposures and unused Commitments representing more than 50% of the sum of the total Credit Exposures and unused Commitments at
such time, as such definition may be modified from time to time in accordance with Section 9.03 hereof. 
 “Responsible Officer” means, with respect to any other Person, the president, chief executive officer, chief financial officer, the general counsel, any vice president, the secretary, any
assistant secretary, the treasurer, any assistant treasurer, or the controller of such Person or any other officer designated as a “Responsible Officer” by the board of directors (or equivalent governing body) of such Person. 

“Restricted Payment” means, with respect to any Person, any dividend or other distribution (whether in
cash, securities or other property) with respect to any class of Equity Interests of such Person, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption,
retirement, acquisition, cancellation or termination of any Equity Interests of such Person or any option, warrant or other right to acquire any Equity Interests of such Person; provided that (a) dividends, distributions or payments of
common Equity Interests of such Person, (b) any Equity Interest split, Equity Interest reverse split or similar transactions and (c) the Borrower’s open market repurchase of any of its Equity Interests and acquisitions by officers,
directors and employees of the Borrower of Equity Interests in the Borrower through cashless exercise of options, warrants or other rights to acquire Equity Interests in the Borrower issued pursuant to an employment, equity award, equity option or
equity appreciation agreement or plans entered into by the Borrower in the ordinary course of business, in each case shall be deemed not to be “Restricted Payments”. 

  
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 “S&P” means Standard & Poor’s Financial
Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. and any successor thereto. 
 “Sale and
Leaseback Transaction” of any Person means any arrangement entered into by such Person or any Subsidiary of such Person, directly or indirectly, whereby such Person or any Subsidiary of such Person shall sell or transfer any property,
whether now owned or hereafter acquired to any other Person (a “Transferee”), and whereby such first Person or any Subsidiary of such first Person shall then or thereafter rent or lease as lessee such property or any part thereof or
rent or lease as lessee from such Transferee or any other Person other property which such first Person or any Subsidiary of such first Person intends to use for substantially the same purpose or purposes as the property sold or transferred.

 “Senior Notes” means any senior unsecured notes issued by the Borrower constituting Material
Indebtedness. 
 “Solvent” and “Solvency” means, with respect to any Person on
a particular date, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable value of the assets of
such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or
liabilities beyond such Person’s ability to pay such debts and liabilities as they mature and (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such
Person’s property would constitute an unreasonably small capital. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the
amount that can reasonably be expected to become an actual or matured liability. 
 “Specified
Acquisition” means one or more acquisitions of assets, Equity Interests, entities, operating lines or divisions in any fiscal quarter for an aggregate purchase price of not less than $50,000,000. 

“Specified Escrow Arrangements” means cash deposits at one or more financial institutions for the
purpose of funding any potential shortfall in the daily net cash position of the Borrower or any of its Subsidiaries. 
 “Subsidiary” means, with respect to any specified Person: 
 (a) any corporation, association or other business entity (other than a partnership or limited liability company) of which more than 50% of the total voting power of Voting Stock is at the time owned or
controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a combination thereof); and 
 (b) any partnership (whether general or limited) or limited liability company (i) the sole general partner or member of which is such Person or a Subsidiary of such Person, or (ii) if there is
more than a single general partner or member, either (A) the only managing general partners or managing members of which are such Person or one or more Subsidiaries of such Person (or any combination thereof) or (B) such Person owns or
controls, directly or indirectly, a 

  
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majority of the outstanding general partner interests, member interests or other Voting Stock of such partnership or limited liability company, respectively; provided, however that
“Subsidiary” with respect to the Borrower does not include (1) the MLP and any of its Subsidiaries, (2) any Non-Recourse Subsidiary and (3) any International Subsidiary. 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings,
assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 
 “Transactions” means the signature and delivery by the Borrower of this Agreement, the borrowing of Loans, and the issuance of Letters of Credit hereunder. 

“Type”, when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such
Loan, or on the Loans comprising such Borrowing, is determined by reference to the LIBO Rate or the Alternate Base Rate. 
 “U.S. Person” means any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Code. 

“U.S. Tax Compliance Certificate” has the meaning assigned to such term in paragraph (f) of
Section 2.17. 
 “Voting Stock” of any Person as of any date means the Capital
Stock of such Person that is at the time entitled (without regard to the occurrence of any contingency) to vote in the election of the Board of Directors (or similar governing body) of such Person. 

“Withdrawal Liability” means liability to a Multiemployer Plan as a result of a complete or partial
withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. 

Section 1.02 Classification of Loans and Borrowings. For purposes of this Agreement, Loans may be classified and referred to
by Type (e.g., a “Eurodollar Loan”). Borrowings also may be classified and referred to by Type (e.g., a “Eurodollar Borrowing”). 
 Section 1.03 Terms Generally. The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall
include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The word “will”
shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring
to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein), (b) any reference herein to any
Person shall be construed to include such Person’s successors and assigns, (c) the words “herein,” “hereof” and “hereunder,” and words of similar import, shall be construed to refer to this Agreement in its
entirety and not to any particular provision hereof, (d) all references herein to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (e) any
reference to any 

  
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law or regulation herein shall, unless otherwise specified, refer to such law or regulation as amended, modified or supplemented from time to time and (f) the words “asset” and
“property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights. 

Section 1.04 Accounting Terms; GAAP. All accounting terms not specifically defined shall be construed in accordance with
GAAP. To the extent there are any changes in accounting standards from December 31, 2012, the financial condition covenants set forth herein will continue to be determined in accordance with accounting standards in effect on December 31,
2012, as applicable, until such time, if any, as such financial covenants are adjusted or reset to reflect such changes in accounting standards and such adjustments or resets are agreed to in writing by the Borrower and the Administrative Agent
(after consultation with the Required Lenders). 
 ARTICLE II 

THE CREDITS 
 Section 2.01 Commitments. 
 (a) Loans. Subject
to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Lender’s Credit Exposure
exceeding such Lender’s Commitment or (ii) the sum of the total Credit Exposures exceeding the Aggregate Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and
reborrow Loans. 
 (b) [Reserved]. 

(c) Increase in Commitments. 

(i) The Borrower shall have the option, without the consent of the Lenders, from time to time to cause one or more
increases in the Aggregate Commitments by adding, subject to the prior approval of the Administrative Agent and the Issuing Banks (such approval not to be unreasonably withheld), to this Agreement one or more financial institutions as Lenders
(collectively, the “New Lenders”) or by allowing one or more Lenders to increase their respective Commitments; provided however that: (A) prior to and after giving effect to the increase, no Default or Event of Default
shall have occurred hereunder and be continuing, (B) no such increase shall cause the Aggregate Commitments to exceed $2,000,000,000, (C) no Lender’s Commitment shall be increased without such Lender’s consent, and (D) such
increase shall be evidenced by a commitment increase agreement in form and substance reasonably acceptable to the Administrative Agent and executed by the Borrower, the Administrative Agent, the New Lenders, if any, and Lenders increasing their
Commitments, if any, and which shall indicate the amount and allocation of such increase in the Aggregate Commitments and the effective date of such increase (the “Increase Effective Date”). Each financial institution that becomes a
New Lender pursuant to this Section by the execution and delivery to the Administrative Agent of the applicable commitment increase agreement 

  
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shall be a “Lender” for all purposes under this Agreement on the applicable Increase Effective Date. The Borrower shall borrow and prepay Loans on each Increase Effective Date (and pay
any additional amounts required pursuant to Section 2.16) to the extent necessary to keep the outstanding Loans of each Lender ratable with such Lender’s revised Applicable Percentage after giving effect to any nonratable increase
in the Aggregate Commitments under this Section. 
 (ii) As a condition precedent to each increase pursuant to
subsection (c)(i) above, the Borrower shall deliver to the Administrative Agent, to the extent requested by the Administrative Agent, the following in form and substance reasonably satisfactory to the Administrative Agent: 

(A) a certificate dated as of the Increase Effective Date, signed by a Responsible Officer of the Borrower certifying that
each of the conditions to such increase set forth in this Section 2.01(c) shall have occurred and been complied with and that, before and after giving effect to such increase, (1) the representations and warranties (other than Added
L/C Representations) contained in this Agreement and the other Loan Documents are true and correct in all material respects on and as of the Increase Effective Date after giving effect to such increase, except to the extent that such representations
and warranties specifically refer to an earlier date, in which case they were true and correct in all material respects as of such earlier date, and (2) no Default or Event of Default exists and is continuing; 

(B) such certificates of resolutions or other action, incumbency certificates and/or other certificates of a Responsible
Officer of the Borrower as the Administrative Agent may reasonably require evidencing the identity, authority and capacity of such Responsible Officer thereof authorized to act as a Responsible Officer in connection with such increase agreement, and
such documents and certifications as the Administrative Agent may reasonably require to evidence that the Borrower is validly existing and in good standing in its jurisdiction of organization; and 

(C) a favorable customary opinion of counsel to the Borrower, relating to such increase agreement, addressed to the
Administrative Agent and each Lender if requested by the Administrative Agent or such Lenders. 
 (iii) The
Borrower shall have the option, by agreement with any Lender to (A) after consultation with the Administrative Agent, cause such Lender to become or cease to be an Issuing Bank under this Agreement and (B) increase or decrease the Letter
of Credit Commitment of any Lender as an Issuing Bank. 
 Section 2.02 Loans and Borrowings. 

(a) Each Loan shall be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with
their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall
be responsible for any other Lender’s failure to make Loans as required. 

  
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 (b) Subject to Section 2.14, each Borrowing shall be comprised
entirely of ABR Loans or Eurodollar Loans as the Borrower may request in accordance herewith. Each Lender at its option may make any Eurodollar Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan;
provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement. 

(c) At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate
amount that is an integral multiple of $1,000,000 and not less than $5,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $5,000,000;
provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Aggregate Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by
Section 2.06(e). Borrowings of more than one Type may be outstanding at the same time; provided that there shall not at any time be more than a total of 24 Eurodollar Borrowings outstanding. 

(d) Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to
convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date. 

Section 2.03 Requests for Borrowings. To request a Borrowing, the Borrower shall notify the Administrative Agent of such
request by telephone (a) in the case of a Eurodollar Borrowing, not later than 12:00 noon, New York City time, three Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 11:00 a.m.,
New York City time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery, fax or emailed pdf to the Administrative Agent of a written Borrowing Request
signed by the Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02: 
 (i) the aggregate amount of the requested Borrowing; 
 (ii) the
date of such Borrowing, which shall be a Business Day; 
 (iii) whether such Borrowing is to be an ABR Borrowing
or a Eurodollar Borrowing; 
 (iv) in the case of a Eurodollar Borrowing, the initial Interest Period to be
applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period”; and 
 (v) the location and number of the Borrower’s account to which funds are to be disbursed, which shall comply with the requirements of Section 2.07. 

If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period is
specified with respect to any requested Eurodollar Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. Promptly following receipt of a Borrowing Request in accordance with this Section, the
Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing. 

  
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 Section 2.04 [Reserved]. 

Section 2.05 [Reserved]. 
 Section 2.06 Letters of Credit. 
 (a) General.
Subject to the terms and conditions set forth herein, the Borrower may request the issuance of Letters of Credit under the Commitments for its own account or for the account of any Subsidiary of it, in a form reasonably acceptable to the
Administrative Agent and the applicable Issuing Bank, at any time and from time to time during the Availability Period. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any Letter
of Credit Document, the terms and conditions of this Agreement shall control. For the avoidance of doubt, any representations, warranties and events of default in any such letter of credit application or other agreement shall have no effect.
Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Subsidiary of the Borrower, the Borrower requesting a Letter of Credit for a Subsidiary of it shall be obligated
to reimburse the applicable Issuing Bank hereunder for any and all drawings under such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of its Subsidiaries inures to the benefit of the
Borrower, and that the Borrower’s business derives substantial benefits from the businesses of its Subsidiaries. 
 (b) Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. To request the issuance of a Letter of Credit (or the amendment, renewal (unless automatically renewed by its terms) or
extension of an outstanding Letter of Credit), the Borrower shall hand deliver or fax (or transmit by electronic communication, if arrangements for doing so have been approved by the applicable Issuing Bank) to the applicable Issuing Bank and the
Administrative Agent three Business Days (or such shorter period as may be acceptable to such Issuing Bank) in advance of the requested date of issuance, amendment, renewal (unless automatically renewed by its terms) or extension, a notice
requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such
Letter of Credit is to expire (which shall comply with paragraph (c) of this Section), the amount of such Letter of Credit, the name and address of the beneficiary thereof and such other information as shall be necessary to prepare, amend,
renew or extend such Letter of Credit. If requested by such Issuing Bank, the Borrower also shall submit a letter of credit application on such Issuing Bank’s standard form in connection with any request for a Letter of Credit. A Letter of
Credit shall be issued, amended, renewed or extended if and only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance,
amendment, renewal or extension (i) the LC Exposure in respect of all Letters of Credit issued by the Issuing Banks does not exceed the aggregate of all Letter of Credit Commitments at such time, (ii) the LC Exposure in respect of all
Letters of Credit issued by any Issuing Bank does not exceed the Letter of Credit Commitment of such Issuing Bank at such time, and (iii) the sum of the total Credit Exposures shall not exceed the Aggregate Commitments. 

  
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 (c) Expiration Date. Each Letter of Credit shall expire at or prior
to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that
is seven Business Days prior to the Maturity Date; provided, if the Borrower so requests, an Issuing Bank may, in its sole and absolute discretion, agree to issue a Letter of Credit that has automatic renewal provisions (each, an
“Auto-Renewal Letter of Credit”); provided that any such Auto-Renewal Letter of Credit must permit such Issuing Bank to prevent any such renewal at least once in each twelve-month period (commencing with the date of issuance
of such Letter of Credit) by giving prior notice to the beneficiary thereof not later than (A) thirty (30) days before the end of such twelve-month period, or (B) such later date to be agreed upon at the time such Letter of Credit is
issued (the “Nonrenewal Notice Date”). Once an Auto-Renewal Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) such Issuing Bank to permit the renewal of such Letter of Credit at
any time prior to the date set forth in clause (ii) of this Section 2.06(c); provided that the expiry date of such Letter of Credit shall be no later than the date set forth in clause (ii) of this
Section 2.06(c). 
 (d) Participations. By the issuance of a Letter of Credit (or an amendment
to a Letter of Credit increasing the amount thereof) and without any further action on the part of any Issuing Bank or the Lenders, each Issuing Bank hereby grants to each Lender, and each Lender hereby acquires from such Issuing Bank, a
participation in such Letter of Credit equal to such Lender’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit. In consideration and in furtherance of the foregoing, each Lender hereby absolutely
and unconditionally agrees to pay to the Administrative Agent, for the account of such Issuing Bank, such Lender’s Applicable Percentage of each LC Disbursement made by such Issuing Bank and not reimbursed by the Borrower on the date due as
provided in paragraph (e) of this Section, or of any reimbursement payment required to be refunded to the Borrower for any reason. Each Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in
respect of Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction or
termination of the Aggregate Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. 
 (e) Reimbursement. If an Issuing Bank shall make any LC Disbursement in respect of a Letter of Credit, the Borrower shall reimburse such LC Disbursement by paying to the Administrative Agent an
amount equal to such LC Disbursement on the date that such LC Disbursement is made, if the Borrower shall have received notice of such LC Disbursement prior to 9:00 a.m., New York City time, on such date, or, if such notice has not been received by
the Borrower prior to such time on such date, then on the Business Day immediately following the day that the Borrower receives such notice; provided that the Borrower may, subject to the conditions to borrowing set forth herein, request in
accordance with Sections 2.03 that such payment be financed with an ABR Borrowing in an equivalent amount and, to the extent so financed, the Borrower’s obligation to make such payment shall be discharged and replaced by

  
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the resulting ABR Borrowing. If the Borrower fails to make such payment when due, the Administrative Agent shall notify each Lender of the applicable LC Disbursement, the payment then due from
the Borrower in respect thereof and such Lender’s Applicable Percentage thereof. Promptly following receipt of such notice, each Lender shall pay to the Administrative Agent its Applicable Percentage of the payment then due from the Borrower,
in the same manner as provided in Section 2.07 with respect to Loans made by such Lender (and Section 2.07 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent
shall promptly pay to the applicable Issuing Bank the amounts so received by it from the Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrower pursuant to this paragraph, the Administrative Agent shall
distribute such payment to the applicable Issuing Bank or, to the extent that Lenders have made payments pursuant to this paragraph to reimburse such Issuing Bank, then to such Lenders and the applicable Issuing Bank as their interests may appear.
Any payment made by a Lender pursuant to this paragraph to reimburse an Issuing Bank for any LC Disbursement (other than the funding of ABR Loans as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation
to reimburse such LC Disbursement. 
 (f) Obligations Absolute. The Borrower’s obligation to
reimburse LC Disbursements as provided in paragraph (e) of this Section shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances whatsoever
and irrespective of (i) any lack of validity or enforceability of any Letter of Credit or this Agreement, or any term or provision therein, (ii) any draft or other document presented under a Letter of Credit proving to be forged,
fraudulent or invalid in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by an Issuing Bank under a Letter of Credit against presentation of a draft or other document that does not comply with the
terms of such Letter of Credit, or (iv) any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section, constitute a legal or equitable discharge of, or provide a
right of setoff against, the Borrower’s obligations hereunder. Neither the Administrative Agent, the Lenders nor the Issuing Banks, nor any of their Related Parties, shall have any liability or responsibility by reason of or in connection with
the issuance or transfer of any Letter of Credit or any payment or failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), or any error, omission, interruption, loss or delay in
transmission or delivery of any draft, notice or other communication under or relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation of technical terms or any consequence arising
from causes beyond the control of an Issuing Bank; provided that the foregoing shall not be construed to excuse any Issuing Bank from liability to the Borrower to the extent of any direct damages (as opposed to consequential damages, claims
in respect of which are hereby waived by the Borrower to the extent permitted by applicable law) suffered by the Borrower that are caused by such Issuing Bank’s failure to exercise care when determining whether drafts and other documents
presented under a Letter of Credit comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the part of an Issuing Bank (as finally determined by a court of competent
jurisdiction), such Issuing Bank shall be deemed to have exercised care in each such determination. In furtherance of the foregoing and without limiting the generality thereof, the parties agree that, with respect to documents presented which appear
on their face to be in substantial compliance with the terms of a Letter of Credit, an Issuing Bank may, in its sole 

  
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discretion, either accept and make payment upon such documents without responsibility for further investigation, regardless of any notice or information to the contrary, or refuse to accept and
make payment upon such documents if such documents are not in strict compliance with the terms of such Letter of Credit. 
 (g) Disbursement Procedures. Each Issuing Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. The
applicable Issuing Bank shall promptly notify the Administrative Agent and the Borrower by telephone (confirmed by fax or such electronic communication that has been approved by the applicable Issuing Bank) of such demand for payment and whether
such Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse such Issuing Bank and the Lenders with
respect to any such LC Disbursement. 
 (h) Interim Interest. If an Issuing Bank shall make any LC
Disbursement, then, unless the Borrower shall reimburse such LC Disbursement in full on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to
but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable to ABR Loans; provided that, if the Borrower fails to reimburse such LC Disbursement when due pursuant to paragraph (e) of
this Section, then Section 2.13(d) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Bank, except that interest accrued on and after the date of payment by any Lender pursuant to
paragraph (e) of this Section to reimburse such Issuing Bank shall be for the account of such Lender to the extent of such payment. 
 (i) Replacement of an Issuing Bank. Any Issuing Bank may be replaced at any time, after consultation with the Administrative Agent, by written agreement among the Borrower, the replaced Issuing
Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees owed by it and accrued
for the account of the replaced Issuing Bank pursuant to Section 2.12(b). From and after the effective date of any such replacement, (i) the successor Issuing Bank shall have all the rights and obligations of an Issuing Bank under
this Agreement with respect to Letters of Credit to be issued thereafter and (ii) references herein to the term “Issuing Bank” shall be deemed to refer to such successor or to any previous Issuing Bank, or to such successor and all
previous Issuing Banks, as the context shall require. After the replacement of an Issuing Bank hereunder, the replaced Issuing Bank shall remain a party hereto and shall continue to have all the rights and obligations of an Issuing Bank under this
Agreement with respect to Letters of Credit issued by it prior to such replacement, but shall not be required to issue additional Letters of Credit. 
 (j) Cash Collateralization. 
 (i) If any Event of Default
shall occur and be continuing and if the maturity of the Loans has been accelerated pursuant to Article VII, on the Business Day that the Borrower receives notice from the Administrative Agent upon written request of the Required Lenders
demanding Cash Collateralization pursuant to this paragraph, the 

  
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Borrower shall Cash Collateralize an amount in cash equal to the LC Exposure for all outstanding Letters of Credit requested by it as of such date plus any accrued and unpaid interest thereon;
provided that the obligation to Cash Collateralize the LC Exposure shall become effective immediately, and such Cash Collateral shall become immediately due and payable, without demand or other notice of any kind, upon the occurrence of any
Event of Default with respect to the Borrower described in clause (g) or (h) of Article VII. Such deposit shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of the Borrower
under this Agreement. The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such account. Other than any interest earned on the investment of such deposits, which investments shall be
made at the option and sole discretion of the Administrative Agent and at the Borrower’s risk and expense, such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in such account. Moneys in such
account shall be applied by the Administrative Agent to reimburse the Issuing Banks for LC Disbursements for which they have not been reimbursed by the Borrower and, to the extent not so applied, shall be held for the satisfaction of the
reimbursement obligations of the Borrower for the LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of Lenders with LC Exposure representing greater than 51% of the total LC Exposure), be
applied to satisfy other obligations of the Borrower under this Agreement. To the extent not applied as aforesaid, any cash collateral provided hereunder shall be returned in full to the Borrower within three Business Days after all Events of
Default have been cured or waived or, in full or in part, as necessary to cause the amount of such cash collateral not to exceed the aggregate LC Exposure. 
 (ii) If any Lender becomes, and during the period it remains, a Defaulting Lender, if any Letter of Credit is at the time outstanding, any Issuing Bank (unless such Issuing Bank is a Defaulting Lender),
except to the extent the Commitments have been reallocated pursuant to Section 2.06(k), by notice to the Borrower which requested or has requested the issuance of such Letters of Credit through the Administrative Agent, may require such
Borrower to Cash Collateralize within seven (7) Business Days the obligations of the Borrower to the Issuing Banks in respect of such Letters of Credit in an amount equal to the aggregate amount of the unreallocated obligations (contingent or
otherwise) of such Defaulting Lender in respect thereof, or to make other arrangements satisfactory to the Administrative Agent and to the applicable Issuing Bank(s) in their sole discretion to protect them against the risk of non-payment by such
Defaulting Lender. Any cash collateral provided pursuant to this clause (ii) shall be deposited in an interest bearing account promptly after the execution of the appropriate deposit account agreement and establishment of such account from
which the Administrative Agent will release interest to the Borrower on a periodic basis. 
 (k) Reallocation
of Defaulting Lender Commitment, Etc. If a Lender becomes, and during the period it remains, a Defaulting Lender, the LC Exposure of such Defaulting Lender will, subject to the limitation in the first proviso below, automatically be reallocated
(effective on the day such Lender becomes a Defaulting Lender) among the Non-Defaulting Lenders pro rata in accordance with their respective Commitments; provided that (a) the sum of each Non-Defaulting Lender’s total Credit
Exposure may not in any event exceed the Commitment of such 

  
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Non-Defaulting Lender as in effect at the time of such reallocation and (b) neither such reallocation nor any payment by a Non-Defaulting Lender pursuant thereto will constitute a waiver or
release of any claim the Borrower, the Administrative Agent, the Issuing Banks or any other Lender may have against such Defaulting Lender or cause such Defaulting Lender to be a Non-Defaulting Lender. 

(l) Addition of Letters of Credit. If (i) an Issuing Bank has, at the request of the Borrower, issued a letter
of credit in Dollars other than under this Agreement, (ii) the Borrower decides to add such letter of credit (an “Added Letter of Credit”) to this Agreement as a Letter of Credit and (iii) such Issuing Bank consents in
writing (such consent, and any funding of a draw under such letter of credit, are deemed made by such Issuing Bank in reliance on the agreements of the other Lenders pursuant to this Section 2.06) to such letter of credit becoming an
Added Letter of Credit, then the Borrower shall give the Administrative Agent and such Issuing Bank at least three Business Days’ (or such shorter period as agreed to by the Administrative Agent and such Issuing Bank) prior notice requesting
that such letter of credit be so added, specifying the Business Day such letter of credit is to be added to this Agreement and attaching thereto a copy of such letter of credit, by hand delivering, faxing or transmitting by electronic communication,
if arrangements for doing so have been approved by the applicable Issuing Bank, to the applicable Issuing Bank and the Administrative Agent. On the Business Day so specified for such letter of credit, such letter of credit shall become an Added
Letter of Credit and become a Letter of Credit deemed issued under this Agreement by the Issuing Bank specified in the relevant notice (the date such letter of credit so becomes an Added Letter of Credit being the “Added L/C Effective
Date” for such letter of credit), if and only if (and, in the case of clauses (A) and (B) below, upon adding such letter of credit the Borrower shall be deemed to represent and warrant that), (A) after giving effect to such
inclusion (w) the LC Exposure in respect of all Letters of Credit issued by the Issuing Banks does not exceed the aggregate of all Letter of Credit Commitments at such time, (y) the LC Exposure in respect of all Letters of Credit issued by
any Issuing Bank does not exceed the Letter of Credit Commitment of such Issuing Bank at such time and (z) the sum of the total Credit Exposures shall not exceed the Aggregate Commitments, (B) such letter of credit complies in all other
respects with this Section 2.06, and (C) such Issuing Bank notifies the Administrative Agent, on or before such Added L/C Effective Date, that such letter of credit is or will become, as of such Added L/C Effective Date, an Added
Letter of Credit. 
 (m) Existing Letters of Credit. The parties hereto acknowledge and agree that all
Existing Letters of Credit are deemed to be issued under this Agreement by the applicable Issuing Bank at the request of the Borrower and shall constitute Letters of Credit hereunder for all purposes (including Section 2.06(d) and
Section 2.06(e)), and no notice requesting issuance thereof shall be required hereunder. Each reference herein to the issuance of a Letter of Credit shall include any such deemed issuance. All fees accrued on the Existing Letters of
Credit to but excluding the date hereof shall be for the account of the applicable “Issuing Bank” and the “Lenders” (as those terms are used in the Existing Credit Agreement) as provided in the Existing Credit Agreement, and all
fees accruing on the Existing Letters of Credit on and after the date hereof shall be for the account of the applicable Issuing Bank thereof and the Lenders as provided herein. 

  
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 Section 2.07 Funding of Borrowings. 

(a) Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of
immediately available funds by 1:00 p.m., New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the
Borrower by promptly crediting the amounts so received, in like funds, to an account designated by the Borrower in the applicable Borrowing Request; provided that ABR Loans made to finance the reimbursement of an LC Disbursement as provided
in Section 2.06(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank. 

(b) Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing
that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with this
Section 2.07 and may, but shall not be required to, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available
to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount is
made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case of a payment to be made by such Lender, the greater of the Federal Funds Effective Rate and a rate determined by the
Administrative Agent in accordance with banking industry rules on interbank compensation and (ii) in the case of a payment to be made by the Borrower, the interest rate applicable to ABR Loans. If the Borrower and such Lender shall pay such
interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the
applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender
that shall have failed to make such payment to the Administrative Agent. 
 Section 2.08 Interest Elections.

 (a) Each Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the
case of a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request. Thereafter, the Borrower may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a
Eurodollar Borrowing, may elect Interest Periods therefor, all as provided in this Section. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated
ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing. 
 (b) To make an election pursuant to this Section, the Borrower shall notify the Administrative Agent of such election by telephone by the time that a Borrowing Request would be required under
Section 2.03 if the Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be
confirmed promptly by hand delivery, fax or emailed pdf to the Administrative Agent of a written Interest Election Request signed by the Borrower. 

  
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 (c) Each telephonic and written Interest Election Request shall specify the
following information in compliance with Section 2.03: 
 (i) the Borrowing to which such Interest
Election Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clauses
(iii) and (iv) below shall be specified for each resulting Borrowing); 
 (ii) the effective date of
the election made pursuant to such Interest Election Request, which shall be a Business Day; 
 (iii) whether the
resulting Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; and 
 (iv) if the resulting Borrowing
is a Eurodollar Borrowing, the Interest Period to be applicable thereto after giving effect to such election, which shall be a period contemplated by the definition of the term “Interest Period”. 

If any such Interest Election Request requests a Eurodollar Borrowing but does not specify an Interest Period, then the Borrower shall be
deemed to have selected an Interest Period of one month’s duration. 
 (d) Promptly following receipt of an
Interest Election Request, the Administrative Agent shall advise each Lender of the details thereof and of such Lender’s portion of each resulting Borrowing. 

(e) If the Borrower fails to deliver a timely Interest Election Request with respect to a Eurodollar Borrowing prior to
the end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period such Borrowing shall be converted to an ABR Borrowing. Notwithstanding any contrary provision hereof, if
an Event of Default has occurred and is continuing and the Administrative Agent, at the request of the Required Lenders, so notifies the Borrower, then, so long as an Event of Default is continuing (i) no outstanding Borrowing of the Borrower
may be converted to or continued as a Eurodollar Borrowing and (ii) unless repaid, each Borrowing of the Borrower shall be converted to an ABR Borrowing at the end of the Interest Period applicable thereto. 

Section 2.09 Termination and Reduction of Commitments. 

(a) Unless previously terminated, the Aggregate Commitments shall terminate on the Maturity Date. 

  
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 (b) The Borrower may at any time terminate, or from time to time reduce, the
Aggregate Commitments or the Letter of Credit Commitments; provided that (i) each reduction of the Aggregate Commitments or the Letter of Credit Commitments shall be in an amount that is an integral multiple of $1,000,000 and not less
than $5,000,000, (ii) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the Credit Exposures would
exceed the Aggregate Commitments, (iii) the Borrower shall not terminate or reduce the Letter of Credit Commitments if the LC Exposure would exceed the Letter of Credit Commitments, as so reduced, (iv) the amount of the Letter of Credit
Commitment of any Issuing Bank shall not be reduced to an amount which is less than the aggregate amount of LC Exposure in respect of all Letters of Credit issued or deemed issued by such Issuing Bank; and (v) the Aggregate Commitments shall
not be reduced to an amount which is less than the aggregate amount of the Letter of Credit Commitments, unless the Letter of Credit Commitments are correspondingly reduced at the same time. 

(c) The Borrower shall notify the Administrative Agent of any election to terminate or reduce the Aggregate Commitments or
the Letter of Credit Commitments under paragraph (b) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt
of any notice, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Aggregate Commitments
or the Letter of Credit Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities or another event, in which case such notice may be revoked by the Borrower (by notice to the
Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. Any termination or reduction of the Aggregate Commitments or the Letter of Credit Commitments shall be permanent; provided that nothing in
this provision shall affect the Borrower’s ability to increase the Letter of Credit Commitments pursuant to Section 2.01(c)(iii). Each reduction of the Aggregate Commitments shall be made ratably among the Lenders in accordance with
their respective Commitments, except as provided in clause (d) below. Each reduction of the Letter of Credit Commitments being made in conjunction with a reduction of the Aggregate Commitments pursuant to Section 2.09(b)(v) above
shall be made ratably among the Issuing Banks in accordance with their respective Letter of Credit Commitments. 

(d) The Borrower may terminate the unused amount of the Commitment and Letter of Credit Commitment of a Defaulting Lender
upon one Business Day’s prior notice to the Administrative Agent (which will promptly notify the Lenders thereof), provided that such termination will not be deemed to be a waiver or release of any claim the Borrower, the Administrative
Agent, the Issuing Banks or any Lender may have against such Defaulting Lender. 
 (e) Notwithstanding the
foregoing, all of the provisions of the Loan Documents which by their terms survive termination of the Commitments of the Borrower, including, without limitation, those provisions set forth in Section 9.06, shall survive and not be
deemed terminated, but shall remain in full force and effect. 

  
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 Section 2.10 Repayment of Loans; Evidence of Debt. 

(a) The Borrower hereby unconditionally promises to pay to the Administrative Agent for the ratable account of each Lender
the then unpaid principal amount of each Loan (and all accrued and unpaid interest thereon) made to the Borrower on the Maturity Date. 
 (b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender,
including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. 

(c) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made
hereunder, the Type thereof and the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) the amount of any sum
received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. 
 (d) The entries made in the accounts maintained pursuant to paragraph (b) or (c) of this Section shall be prima facie evidence of the existence and amounts of the obligations
recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Loans made to the Borrower in
accordance with the terms of this Agreement. 
 (e) Any Lender may request that Loans made by it be evidenced by
a promissory note. In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to the order of such Lender and substantially in the form of note attached hereto as Exhibit E. Thereafter, the Loans
evidenced by such promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.05) be represented by one or more promissory notes in such form payable to the order of the payee named therein
(or, if such promissory note is a registered note, to such payee and its registered assigns). 
 Section 2.11 Prepayment
of Loans. 
 (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing
in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section. 
 (b) The
Borrower shall notify the Administrative Agent by telephone (confirmed by hand delivery, fax or emailed pdf) of any prepayment hereunder not later than 11:00 a.m., New York City time, on the date of prepayment. Each such notice shall be irrevocable
and shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid; provided that, any such notice of prepayment may be conditioned upon the effectiveness of other credit facilities or another
event. Promptly following receipt of any such notice relating to a Borrowing, the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that is an integral multiple of
$1,000,000 and not less than $5,000,000. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13.

  
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 Section 2.12 Fees. 

(a) The Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than a Defaulting Lender)
a commitment fee on the daily average unused amount of the Commitment of such Lender for the period from and including the Effective Date up to, but excluding, the date on which the Aggregate Commitments have been terminated at the Applicable Rate
for commitment fees. Accrued commitment fees shall be payable in arrears on the last Business Day of March, June, September and December of each year and on the date on which the Aggregate Commitments terminate, commencing on the first such date to
occur after the Effective Date. All commitment fees shall be computed on the basis of a year of 365 days (or 366 days in a leap year) and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

 (b) The Borrower agrees to pay (i) to the Administrative Agent for the account of each Lender (other than
a Defaulting Lender) a participation fee with respect to its participations in Letters of Credit (other than with respect to Letters of Credit which have been Cash Collateralized to the extent of such Cash Collateralization) issued at the request of
the Borrower, which shall accrue at the same Applicable Rate as interest on Eurodollar Loans on the average daily amount of such Lender’s LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements) during the
period from and including the Effective Date to but excluding the date on which such Lender ceases to have any LC Exposure, and (ii) to the applicable Issuing Bank a fronting fee, which shall accrue at the rate of 0.15% per annum on the
average daily amount of the LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements) during the period from and including the Effective Date to but excluding the date on which there ceases to be any LC Exposure, as
well as such Issuing Bank’s standard fees with respect to the issuance, amendment, renewal or extension of any Letter of Credit or processing of drawings thereunder. Participation fees and fronting fees accrued through and including the last
day of March, June, September and December of each year shall be payable quarterly on the third Business Day following the last day of March, June, September and December of each year, commencing on the first such date to occur after the Effective
Date; provided that all such fees shall be payable on the date on which the Aggregate Commitments terminate and any such fees accruing after the date on which the Aggregate Commitments terminate shall be payable on demand. Any other fees
payable to the Issuing Banks pursuant to this paragraph shall be payable within 10 days after demand. All participation fees and fronting fees shall be computed on the basis of a year of 365 days (or 366 days in a leap year) and shall be payable for
the actual number of days elapsed (including the first day but excluding the last day). All fees accrued on a letter of credit that becomes an Added Letter of Credit, to but excluding the Added L/C Effective Date for such Added Letter of Credit
shall be for the account of the entity that issued such Added Letter of Credit, and all fees accruing on such letter of credit on and after such Added L/C Effective Date shall be for the account of the relevant Issuing Bank thereof and the Lenders
as provided herein. 
 (c) The Borrower agrees to pay to the Administrative Agent, for its own account, fees
payable in the amounts and at the times separately agreed upon between the Borrower and the Administrative Agent as set forth in the applicable Fee Letter. 

  
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 (d) The Borrower agrees to pay to each Joint Lead Arranger, for its own
account, fees payable in the amounts and at the times separately agreed upon among the Borrower and such Joint Lead Arranger as set forth in the applicable Fee Letter. 

(e) All fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent
(or to the applicable Issuing Bank, in the case of fees payable to it) for distribution, in the case of facility fees and participation fees, to the Lenders or the Joint Lead Arrangers, as applicable. Fees paid shall not be refundable under any
circumstances. 
 (f) Anything herein to the contrary notwithstanding, during such period as a Lender is a
Defaulting Lender, such Defaulting Lender will not be entitled to any fees accruing during such period pursuant to this Section 2.12 (without prejudice to the rights of the Lenders other than Defaulting Lenders in respect of such fees)
nor shall any such fee be payable by the Borrower, provided that (a) for the avoidance of doubt and without duplication of fees, to the extent that a portion of the LC Exposure of such Defaulting Lender is reallocated to the
Non-Defaulting Lenders pursuant to Section 2.06(k), such fees that would have accrued for the benefit of such Defaulting Lender will instead accrue for the benefit of and be payable to such Non-Defaulting Lenders (other than with respect
to Letters of Credit which have been Cash Collateralized to the extent of such Cash Collateralization), pro rata in accordance with their respective Commitments, and (b) to the extent any portion of such LC Exposure cannot be so
reallocated, such fees will instead accrue for the benefit of and be payable to the Issuing Banks as their interests appear (and the pro rata payment provisions of Section 2.18 will automatically be deemed adjusted to
reflect the provisions of this Section). 
 Section 2.13 Interest. 

(a) The Loans comprising each ABR Borrowing shall bear interest on each day at the Alternate Base Rate for such day plus
the Applicable Rate. 
 (b) The Loans comprising each Eurodollar Borrowing shall bear interest at the LIBO Rate
for the Interest Period in effect for such Borrowing plus the Applicable Rate. 
 (c) Notwithstanding the
foregoing, upon the occurrence and during the continuance of any Event of Default, if any principal of or interest on any Loan or any fee or other amount payable by the Borrower hereunder is not paid when due, whether at stated maturity, upon
acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to (i) in the case of overdue principal of any Loan, 2% plus the rate otherwise applicable to such Loan as provided
in the preceding paragraphs of this Section or (ii) in the case of any other amount, 2% plus the rate applicable to ABR Loans as provided in paragraph (a) of this Section. 

(d) Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and upon
termination of the Aggregate Commitments; provided that (i) interest accrued pursuant to paragraph (d) of this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a
prepayment of an ABR Loan prior to the end of the Availability Period), accrued interest on the principal amount repaid 

  
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or prepaid shall be payable on the date of such repayment or prepayment and (iii) in the event of any conversion of any Eurodollar Loan prior to the end of the current Interest Period
therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. 
 (e) All
interest determined by reference to the LIBO Rate or clauses (b) or (c) of the definition of Alternate Base Rate shall be computed on the basis of a year of 360 days, and all other interest shall be computed on the basis of a year of 365
days (or 366 days in a leap year), and in each case shall be payable for the actual number of days elapsed (including the first day but excluding the last day). The applicable Alternate Base Rate or LIBO Rate shall be determined by the
Administrative Agent, and such determination shall be conclusive absent manifest error. 
 (f) The Borrower shall
pay to each Lender, so long as such Lender shall be required under regulations of the Board of Governors of the Federal Reserve System of the United States of America to maintain reserves with respect to liabilities or assets consisting of or
including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Borrowing of such Lender during such periods as such Borrowing is a Eurodollar Borrowing, from the date of such Borrowing until such principal amount is
paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the LIBO Rate for the Interest Period in effect for such Eurodollar Borrowing from (ii) the rate obtained by dividing such LIBO
Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period. Such additional interest shall be determined by such Lender. The Borrower shall from time to time, within 15 days after demand
(which demand shall be accompanied by a certificate comporting with the requirements set forth in Section 2.15(c)) by such Lender (with a copy of such demand and certificate to the Administrative Agent) pay to the Lender giving such
notice such additional interest; provided, however, that the Borrower shall not be required to pay to such Lender any portion of such additional interest that accrued more than 90 days prior to any such demand, unless such additional interest
was not determinable on the date that is 90 days prior to such demand. 
 Section 2.14 Alternate Rate of Interest.
If prior to the commencement of any Interest Period for a Eurodollar Borrowing: 
 (a) the Administrative Agent
determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the LIBO Rate, as applicable, for such Interest Period; or 

(b) the Administrative Agent is advised by the Required Lenders that the LIBO Rate, as applicable, for such Interest
Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for such Interest Period; 
 then the Administrative Agent shall give notice thereof to the Borrower and the Lenders by telephone or telecopy as promptly as practicable thereafter and, until the Administrative Agent notifies the
Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be
ineffective, and (ii) if any 

  
 39 

 
Borrowing Request requests a Eurodollar Borrowing, such Borrowing shall be made as an ABR Borrowing; provided that if the circumstances giving rise to such notice affect only one Type of
Borrowings, then the other Type of Borrowings shall be permitted. 
 Section 2.15 Increased Costs. 

(a) Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar
requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender Party; 
 (ii) subject any Recipient to any Tax of any kind whatsoever with respect to this Agreement, any Letter of Credit, any participation in a Letter of Credit or any Eurodollar Loan made by it, or change the
basis of taxation of payments to such Recipient in respect thereof (except for any Indemnified Taxes covered by Section 2.17 and the imposition of, or any change in the rate of, any Excluded Tax payable by such Recipient); or 

(iii) impose on any Lender Party or the London interbank market any other condition, cost or expense affecting this
Agreement or Eurodollar Loans made by such Lender or any Letter of Credit or participation therein; 
 and the result of any of
the foregoing shall be to increase the cost to such Lender Party of making, funding or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender Party of participating in, issuing or
maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender Party hereunder (whether of principal, interest or any
other amount) then, upon request of such Lender Party, the Borrower will pay to such Lender Party such additional amount or amounts as will compensate such Lender Party for such additional costs incurred or reduction suffered, in each case to the
extent applicable to the Loans or LC Exposure related to the Borrower. 
 (b) Capital Requirements. If any
Lender Party determines that any Change in Law affecting such Lender Party or any lending office of such Lender Party or such Lender Party’s holding company, if any, regarding capital or liquidity requirements has or would have the effect of
reducing the rate of return on such Lender Party’s capital or on the capital of such Lender Party’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by, or participations in
Letters of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Bank, to a level below that which such Lender Party or such Lender Party’s holding company could have achieved but for such Change in Law (taking into
consideration such Lender Party’s policies and the policies of such Lender Party’s holding company with respect to capital adequacy or liquidity), then from time to time the Borrower will pay to such Lender Party such additional amount or
amounts as will compensate such Lender Party or such Lender Party’s holding company for any such reduction suffered, in each case to the extent applicable to the Loans or LC Exposure related to the Borrower. 

  
 40 

 (c) Certificates for Reimbursement. A certificate of a Lender Party
setting forth the amount or amounts necessary to compensate such Lender Party or its holding company, as the case may be, as specified in paragraph (a) or (b) of this Section, showing the computation thereof and delivered to the Borrower
shall be conclusive absent manifest error. Such certificate shall further certify that such Lender Party is making similar demands of its other similarly situated borrowers. The Borrower shall pay such Lender Party the amount shown as owed by it and
due on any such certificate within 10 days after receipt thereof. 
 (d) Delay in Requests. Failure or
delay on the part of any Lender Party to demand compensation pursuant to this Section shall not constitute a waiver of such Lender Party’s right to demand such compensation, provided that the Borrower shall not be required to compensate
a Lender Party pursuant to this Section for any increased costs incurred or reductions suffered more than ninety days prior to the date that such Lender Party notifies the Borrower of the Change in Law giving rise to such increased costs or
reductions and of such Lender Party’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the ninety day period referred to above shall be extended
to include the period of retroactive effect thereof). 
 Section 2.16 Break Funding Payments. In the event of
(a) the payment of any principal of any Eurodollar Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any Eurodollar Loan other than on the last
day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Loan on the date specified in any notice delivered pursuant hereto (regardless of whether such notice may be revoked under
Section 2.11(b) and is revoked in accordance therewith), or (d) the assignment of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the Borrower pursuant to
Section 2.19, then, in any such event, the Borrower shall compensate each Lender for the loss, cost and expense (excluding loss of anticipated profits) attributable to such event. A certificate of any Lender setting forth, in reasonable
detail showing the computation thereof, any amount or amounts that such Lender is entitled to receive pursuant to this Section shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the
amount shown as due on any such certificate within 10 days after receipt thereof, if such certificate complies herewith. 

Section 2.17 Taxes. 
 (a) Payments Free of Taxes. Any and all payments by or on account of any obligation of the Borrower hereunder or under any other Loan Document shall be made free and clear of and without reduction
or withholding for any Indemnified Taxes or Other Taxes, provided that if the Borrower shall be required by applicable law to deduct or withhold any Indemnified Taxes (including any Other Taxes) from such payments, then (i) the sum
payable shall be increased as necessary so that after making all required deductions or withholdings (including deductions applicable to additional sums payable under this Section) the applicable Recipient receives an amount equal to the sum it
would have received had no such deductions or withholdings been made, (ii) the Borrower shall make such deductions and (iii) the Borrower shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with
applicable law. 

  
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 (b) Payment of Other Taxes by Borrower. Without limiting the
provisions of paragraph (a) above, the Borrower shall timely pay any Other Taxes related to it to the relevant Governmental Authority in accordance with applicable law. 

(c) Indemnification by Borrower. The Borrower shall indemnify the Administrative Agent and each Lender Party,
within 10 days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) payable or paid by such
Recipient or required to be withheld or deducted from a payment to such Recipient and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or
legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender Party (with a copy to the Administrative Agent), or by the Administrative Agent on
its own behalf or on behalf of a Lender Party shall be conclusive absent manifest error. 
 (d)
Indemnification by the Lenders. Each Lender shall severally indemnify the Administrative Agent, within 10 days after demand therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that the Borrower has
not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Borrower to do so), (ii) any Taxes attributable to such Lender’s failure to comply with the provisions of
Section 9.05(d) relating to the maintenance of a Participant Register and (iii) any Excluded Taxes attributable to such Lender, in each case, that are payable or paid by the Administrative Agent in connection with the Borrower, and
any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered
to any Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or
otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent under this paragraph (d). 
 (e) Evidence of Payments. As soon as practicable after any payment of Indemnified Taxes or Other Taxes by the Borrower to a Governmental Authority pursuant to this Section 2.17, the
Borrower shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent. 
 (f) Status of Lenders. 

(i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under
any Loan Document shall deliver to the Borrower and the Administrative Agent, at the time or times prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation
prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent as will permit such 

  
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payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if requested by the Borrower or the Administrative Agent, shall deliver such other
documentation prescribed by applicable requirement of law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup
withholding or information reporting requirements. 
 (ii) Without limiting the generality of the foregoing,

 (A) any Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior
to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of IRS Form W-9 certifying that such Lender is
exempt from U.S. federal backup withholding Tax; 
 (B) any Foreign Lender shall deliver to the Borrower and the
Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the
Borrower or the Administrative Agent, but only if such Foreign Lender is legally entitled to do so), whichever of the following is applicable: (i) in the case of a Foreign Lender claiming the benefits of an income Tax treaty to which the United
States is a party (x) with respect to payments of interest under any Loan Document, executed originals of IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest” article
of such Tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “business profits” or
“other income” article of such Tax treaty; (ii) executed originals of IRS Form W-8ECI; (iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code,
(x) a certificate substantially in the form of Exhibit F-1 to the effect that such Foreign Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, a
“10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance
Certificate”) and (y) executed originals of IRS Form W-8BEN; or (iv) to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN, a U.S. Tax
Compliance Certificate substantially in the form of Exhibit F-2 or Exhibit F-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one
or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit F-4 on behalf of each such direct
and indirect partner; 

  
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 (C) any Foreign Lender shall, to the extent it is legally entitled to do
so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter
upon the reasonable request of the Borrower or the Administrative Agent), executed originals of any other form prescribed by an applicable law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed,
together with such supplementary documentation as may be prescribed by applicable law to permit the Borrower or the Administrative Agent to determine the withholding or deduction required to be made; and 

(D) if a payment made to a Lender under any Loan Document would be subject to any withholding Tax imposed by FATCA if
such Lender were to fail to comply with the requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by
law and at such time or times reasonably requested by the Borrower or the Administrative Agent, such documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation
reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under FATCA, to determine that such Lender has or has not complied with such
Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include any amendments made to FATCA after the date of this Agreement.

 Each Lender agrees that if any form or certification it previously delivered expires or becomes obsolete or inaccurate in any
respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so. 
 (g) Treatment of Certain Refunds. If any Recipient receives a refund of any Taxes as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid pursuant to this
Section 2.17 (including by the payment of additional amounts pursuant to this Section 2.17), such Recipient shall pay to Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or
additional amounts paid by the Borrower under this Section with respect to the Taxes giving rise to such refund), net of reasonable out-of-pocket expenses directly related to the receipt of such refund by the Recipient and without interest (other
than any interest paid by the relevant Governmental Authority with respect to such refund) provided that, the Borrower, upon the request of such Recipient, agrees to repay the amount paid over to the Borrower pursuant to this paragraph
(g) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Recipient in the event the Recipient is required to repay such refund to such Governmental Authority. Notwithstanding anything to the
contrary in this paragraph (g), in no event will the applicable Recipient be required to pay any amount to the Borrower pursuant to this paragraph (g) the payment of which would place such Recipient in a less favorable net after-Tax position
than the Recipient would have been in if the indemnification payments or additional amounts giving rise to such refund had never been paid. 

  
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This paragraph shall not be construed to require the Administrative Agent or any Lender Party to make available its Tax returns (or any other information relating to its Taxes that it deems
confidential) to the Borrower or any other Person. 
 (h) Survival. Each party’s obligations under
this Section 2.17 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge
of all obligations under any Loan Document. 
 Section 2.18 Payments Generally; Pro Rata Treatment; Sharing of
Set-offs. 
 (a) The Borrower shall make each payment required to be made by it hereunder (whether of
principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under Section 2.15, 2.16 or 2.17, or otherwise) prior to 1:00 p.m., New York City time, on the date when due, in immediately available
funds, without set-off or counterclaim. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the date of such payment or on the next succeeding Business Day for
purposes of calculating interest and fees thereon. All such payments shall be made to the Administrative Agent at its offices at Citicorp North America, 399 Park Avenue, New York, New York 10043, Attention: The Williams Companies, Inc. Account
Officer, except payments to be made directly to an Issuing Bank as expressly provided herein and except that payments pursuant to Sections 2.15, 2.16, 2.17 and 9.04 shall be made directly to the Persons entitled thereto.
The Administrative Agent shall distribute any such payments received by it for the account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business
Day, the date for payment shall be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments hereunder shall be made in dollars.

 (b) If at any time insufficient funds are received by and available to the Administrative Agent to pay fully
all amounts of principal, unreimbursed LC Disbursements, interest and fees then due hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due hereunder, ratably among the parties entitled thereto in
accordance with the amounts of interest and fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed LC Disbursements then due hereunder, ratably among the parties entitled thereto in accordance with the
amounts of principal and unreimbursed LC Disbursements then due to such parties. 
 (c) If any Lender shall, by
exercising any right of set-off or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of its Loans or participations in LC Disbursements resulting in such Lender receiving payment of a greater proportion of
the aggregate amount of its Loans and participations in LC Disbursements and accrued interest thereon than the proportion received by any other Lender, then the Lender receiving such greater proportion shall purchase (for cash at face value)
participations in the Loans and participations in LC Disbursements of other Lenders to the extent necessary so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and
accrued interest on their respective Loans and 

  
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participations in LC Disbursements; provided that (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such
participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this paragraph shall not be construed to apply to any payment made by the Borrower pursuant to and in
accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or participations in LC Disbursements to any assignee or participant, other
than to the Borrower or any Subsidiary or Affiliate thereof (as to which the provisions of this paragraph shall apply). The Borrower consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender
acquiring a participation pursuant to this subsection (c) may exercise against the Borrower rights of set-off and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrower in the amount of
such participation. 
 (d) [Reserved]. 

(e) If any Lender shall fail to make any payment required to be made by it pursuant to Sections 2.06(d),
2.06(e), 2.07(b), or 9.04(c), then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent for the account of such Lender
to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid. 

Section 2.19 Mitigation Obligations; Replacement of Lenders. 

(a) If any Lender requests compensation under Section 2.13(f) or Section 2.15 or if the Borrower
is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then such Lender shall use reasonable efforts to designate a different lending office for
funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts
payable pursuant to Sections 2.13(f), 2.15 or 2.17, as the case may be, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. If
the Borrower is required to make any payment under Sections 2.13(f), 2.15 or 2.17, the Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment.
Subject to the foregoing, Lenders agree to use reasonable efforts to select lending offices which will minimize Taxes and other costs and expenses for the Borrower. 

(b) If any Lender requests compensation under Section 2.13(f) or Section 2.15, or if the Borrower
is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, or if any Lender is a Defaulting Lender, or if any Lender fails to approve an amendment, waiver
or other modification to this Agreement that requires the approval of all Lenders and at least the Required Lenders have approved such amendment, waiver or other modification, then the Borrower may, at its sole expense and effort, upon notice to
such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.05), all its interests, rights and obligations under this

  
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Agreement to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that (i) the Borrower shall have
received the prior written consent of the Administrative Agent and the Issuing Banks, which consent shall not unreasonably be withheld or delayed, (ii) such Lender shall have received payment of an amount equal to the outstanding principal of
its Loans and participations in LC Disbursements, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 2.16), from the assignee (to
the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts) and (iii) in the case of any such assignment resulting from a claim for compensation under
Section 2.13(f) or Section 2.15 or payments required to be made pursuant to Section 2.17, such assignment will result in a reduction in such compensation or payments. A Lender shall not be required to make
any such assignment and delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. If any Lender refuses to assign and
delegate all its interests, rights and obligations under this Agreement after the Borrower has required such Lender to do so as a result of a claim for compensation under Section 2.13(f) or Section 2.15 or payments required
to be made pursuant to Section 2.17, such Lender shall not be entitled to receive such compensation or required payments. 
 (c) If the Borrower, the Administrative Agent and the Issuing Banks agree in writing in their discretion that a Lender that is a Defaulting Lender should no longer be deemed to be a Defaulting Lender, the
Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein, such Lender will, to the extent applicable, purchase such portion of outstanding
Loans of the other Lenders and/or make such other adjustments as the Administrative Agent may determine to be necessary to cause the Credit Exposure of the Lenders to be on a pro rata basis in accordance with their respective
Commitments, whereupon such Lender will cease to be a Defaulting Lender and will be a Non-Defaulting Lender (and such Credit Exposure of each Lender will automatically be adjusted on a prospective basis to reflect the foregoing); provided
that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower while such Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly
agreed by the affected parties, no change hereunder from Defaulting Lender to Non-Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from such Lender having been a Defaulting Lender. 

ARTICLE III 

REPRESENTATIONS AND WARRANTIES 
 The Borrower, solely with respect to itself and, to the extent set forth below, its Subsidiaries, represents and warrants to the Lenders that, on the Effective Date, on the date of each Borrowing by the
Borrower or issuance or increase in the amount of any Letter of Credit for the Borrower and each Added L/C Effective Date, except with respect to Sections 3.07 and 3.08 in each case as specified therein, which shall only be represented
and warranted as of the Effective Date as provided therein: 

  
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 Section 3.01 Organization; Powers. The Borrower and each of its Material
Subsidiaries is validly existing and (if applicable) in good standing under the laws of the jurisdiction of its organization, has all requisite power and authority to carry on its business in all material respects as now conducted and is qualified
to do business in, and (if applicable) is in good standing in, every jurisdiction where such qualification is required, except where the failure to do so or to be validly existing and in good standing or to have such power and authority,
individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. 
 Section 3.02
Authorization; Enforceability. The Transactions and the performance of its obligations contemplated thereby are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate action. This Agreement has
been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization,
moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law. 

Section 3.03 Governmental Approvals; No Conflicts. No material authorization or approval or other action by, and no notice to
or filing with, any Governmental Authority is required for the due execution, delivery and performance by the Borrower of any Loan Document to which it is a party, or the consummation of the transactions contemplated thereby. The execution, delivery
and performance by the Borrower of the Loan Documents to which it is shown as being a party and the consummation of the transactions contemplated thereby do not contravene (a) the Borrower’s organizational documents or (b) any law or
any restriction under any material agreement binding on or affecting the Borrower and will not result in or require the creation or imposition of any Lien prohibited by this Agreement. 

Section 3.04 Financial Condition. The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and
statements of income and cash flows (a) as of and for the fiscal year ended December 31, 2012, reported on by Ernst & Young LLP, independent public accountants, and (b) as of and for the fiscal quarter and the portion of the
fiscal year ended March 31, 2013. Such financial statements (i) were prepared in accordance with GAAP, except as otherwise expressly noted therein, and (ii) present fairly, in all material respects, the financial position and results
of operations and cash flows of the businesses of the Borrower and its consolidated subsidiaries as of such dates and for such periods in accordance with GAAP. 
 Section 3.05 Litigation. Except as set forth in the annual report on Form 10-K for the year ended December 31, 2012 or the quarterly reports on Form 10-Q filed subsequent thereto but
prior to the Closing Date, there are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against or, to the knowledge of the Borrower, threatened in writing against the Borrower or any of its Subsidiaries
(i) as to which there is a reasonable possibility of an adverse determination and that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or (ii) that purport to adversely affect the
legality, validity and enforceability of the Loan Documents and are non-frivolous (as reasonably determined by the Administrative Agent); provided, that this representation, when made, shall not constitute an admission that any action, suit
or proceeding set forth in any annual report on Form 10-K or any quarterly report on Form 10-Q referred to above would result in a Material Adverse Effect due to an adverse determination, if any. 

  
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 Section 3.06 Environmental Matters. Except as set forth in the annual report on
Form 10-K for the year ended December 31, 2012 or the quarterly reports on Form 10-Q filed subsequent thereto but prior to the Closing Date of the Borrower, the Borrower and its Subsidiaries have reasonably concluded that they: (a) are in
compliance with all applicable Environmental Laws, except to the extent that any non-compliance would not reasonably be expected to have a Material Adverse Effect; (b) are not subject to any judicial, administrative, government, regulatory or
arbitration proceeding alleging the violation of any applicable Environmental Laws, except to the extent that any such proceeding would not reasonably be expected to have a Material Adverse Effect; (c) are not subject to any federal, state,
local or foreign review, audit or investigation which would reasonably be expected to lead to a proceeding referred to in (b) above that would reasonably be expected to have a Material Adverse Effect; (d) have no actual knowledge that any
of their predecessors in title to any of their property and assets are the subject of any currently pending federal, state, local or foreign review, audit or investigation which would reasonably be expected to lead to a proceeding referred to in
(b) above that would reasonably be expected to have a Material Adverse Effect; and (e) possess, and are in compliance with, or have applied for, all approvals, licenses, permits, consents and other authorizations which are necessary under
any applicable Environmental Laws to conduct their business, except to the extent that the failure to possess, or be in compliance with, any of the foregoing would not reasonably be expected to have a Material Adverse Effect. 

Section 3.07 Disclosure. As of the Effective Date only, neither the Information Memorandum nor any of the other reports,
financial statements, certificates or other written information furnished by or on behalf of the Borrower to the Administrative Agent or any Lender on or prior to the Effective Date (as modified or supplemented by other information so furnished on
or prior to the Effective Date), taken as a whole, contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not materially
misleading, provided that, with respect to any projected financial information, the Borrower represents only that such information was prepared in good faith based upon assumptions believed by the Borrower to be reasonable at the time (it
being recognized, however, that projections as to future events are not to be viewed as facts and that the actual results during the period or periods covered by any projections may materially differ from the projected results). 

Section 3.08 Solvency. As of the Effective Date and on the date of any increase in the Aggregate Commitments pursuant to
Section 2.01(c) only, after giving effect to the Transactions (including each Loan and each Letter of Credit) to be consummated on such date, the Borrower, individually and together with its Subsidiaries, is Solvent. 

Section 3.09 ERISA. No ERISA Event has occurred or is reasonably expected to occur that, when taken together with all other
such ERISA Events for which liability is reasonably expected to occur, would reasonably be expected to result in a Material Adverse Effect in respect of the Borrower. 
 Section 3.10 Investment Company Status. The Borrower is not an “investment company” as defined in, or subject to regulation under, the Investment Company Act of 1940. 

  
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 Section 3.11 Margin Securities. The Borrower is not engaged principally, or as
one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulations U or X of the Board of Governors of the Federal Reserve System of the United States of
America), and no part of the proceeds of any Loan will be used to purchase or carry any margin stock in violation of said Regulations U or X or to extend credit to others for the purpose of purchasing or carrying margin stock in violation of said
Regulations U or X. 
 ARTICLE IV 
 CONDITIONS 
 Section 4.01 Effective Date. The obligations of
the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit hereunder shall not become effective until the Effective Date which is scheduled to occur when each of the following conditions is satisfied: 

(a) The Administrative Agent (or its counsel) shall have received from each party hereto either (i) a counterpart of
this Agreement signed on behalf of such party or (ii) written evidence satisfactory to the Administrative Agent (which may include fax or email pdf transmission of a signed signature page of this Agreement) that such party has signed a
counterpart of this Agreement. 
 (b) The Administrative Agent shall have received written opinions (addressed to
the Administrative Agent and the Lenders and dated the Effective Date) of Craig L. Rainey, Esq., General Counsel of the Borrower, and Gibson, Dunn & Crutcher LLP, counsel for the Borrower, in form and substance reasonably satisfactory to
the Administrative Agent and its counsel. 
 (c) The Administrative Agent shall have received such documents and
certificates as the Administrative Agent or its counsel may reasonably request relating to (i) the organization and existence of the Borrower, and (ii) the authorization of the Transactions and any other legal matters relating to the
Borrower, this Agreement or the Transactions, all in form and substance reasonably satisfactory to the Administrative Agent and its counsel. 
 (d) The Administrative Agent shall have received each promissory note requested by a Lender pursuant to Section 2.10(e), each duly completed and executed by the Borrower. 

(e) The Administrative Agent shall have received a certificate, dated the Effective Date and signed by the President, an
Executive Vice President or a Financial Officer or a Responsible Officer of the Borrower, confirming compliance with the conditions set forth in paragraphs (h) and (i) of this Section 4.01. 

(f) The Administrative Agent shall have received (i) all fees and other amounts due and payable pursuant to the Fee
Letters on or prior to the Effective Date and (ii) to the extent invoiced two (2) Business Days prior to closing, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by the Borrower hereunder (or shall
have received satisfactory evidence that all such fees and amounts are being paid substantially simultaneously). 

(g) As of the Effective Date only, since December 31, 2012, no event resulting in a Material Adverse Effect has
occurred and is continuing. 

  
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 (h) No Default or Event of Default has occurred and is continuing.

 (i) The representations and warranties of the Borrower set forth in this Agreement shall be true and correct
in all material respects (other than those representations and warranties that are subject to a materiality qualifier, in which case such representations and warranties shall be true and correct in all respects as written, including the materiality
qualifier) on and as of the Closing Date (other than those representations and warranties that expressly relate to a specific earlier date, which shall be true and correct in all material respects as of such earlier date (other than those
representations and warranties that are subject to a materiality qualifier, in which case such representations and warranties shall be true and correct in all respects as of such earlier date as written, including the materiality qualifier)).

 The date on which all of the foregoing conditions have been satisfied (or waived by the Administrative Agent) shall be the
“Effective Date”. The Administrative Agent shall notify the Borrower and the Lenders of the Effective Date, and such notice shall be conclusive and binding. 
 Section 4.02 Each Credit Event. The obligation of each Lender to make a Loan on the occasion of any Borrowing (exclusive of continuations and conversions of a Borrowing), and of any Issuing
Bank to issue or increase the amount of any Letter of Credit, is subject to the satisfaction of the following conditions: 
 (a) The representations and warranties of the Borrower set forth in this Agreement shall be true and correct in all material respects (other than those representations and warranties that are subject to a
materiality qualifier, in which case such representations and warranties shall be true and correct in all respects as written, including the materiality qualifier) on and as of the date of such Borrowing or the date of issuance or increase of such
Letter of Credit, as applicable (other than those representations and warranties that expressly relate to a specific earlier date, which shall be true and correct in all material respects as of such earlier date (other than those representations and
warranties that are subject to a materiality qualifier, in which case such representations and warranties shall be true and correct in all respects as of such earlier date as written, including the materiality qualifier)). 

(b) At the time of and immediately after giving effect to such Borrowing or the issuance or increase of such Letter of
Credit, as applicable, no Default shall have occurred and be continuing. 
 Each Borrowing and each issuance or increase of a
Letter of Credit shall be deemed to constitute a representation and warranty by the Borrower on the date thereof as to the matters specified in paragraphs (a) and (b) of this Section. 

Section 4.03 Defaulting Lenders. In addition to the other conditions precedent herein set forth, if any Lender becomes, and
during the period it remains, a Defaulting Lender, no Issuing Bank will be required to issue any Letter of Credit or to increase any outstanding Letter of Credit, unless such Issuing Bank is reasonably satisfied that any exposure that would result
therefrom is fully covered or eliminated by any combination, at the option of the Borrower, of the following: 

(a) the LC Exposure of such Defaulting Lender is reallocated, as to outstanding and future Letters of Credit to the
Non-Defaulting Lenders as provided in Section 2.06(k); 

  
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 (b) to the extent a reallocation as provided in Section 2.06(k)
is not available or otherwise at the option of the Borrower requesting the Letter of Credit, without limiting the provisions of Section 2.06(j), the Borrower Cash Collateralizes the obligations of the Borrower in respect of such Letter
of Credit required to be issued by it in an amount equal to the aggregate amount of the unreallocated obligations (contingent or otherwise) of such Defaulting Lender in respect of such Letter of Credit (provided that cash collateral shall be
deposited in an interest bearing account promptly after the execution of the appropriate deposit account agreement and establishment of such account from which the Administrative Agent will release interest to the Borrower on a periodic basis), or
makes other arrangements satisfactory to the Administrative Agent and the relevant Issuing Bank(s) in their sole discretion to protect them against the risk of non-payment by such Defaulting Lender; and 

(c) in the case of a proposed issuance of a Letter of Credit, by an instrument or instruments in form and substance
satisfactory to the Administrative Agent and to the relevant Issuing Bank(s), the Borrower agrees that the face amount of such requested Letter of Credit will be reduced by an amount equal to the unreallocated, non-Cash Collateralized portion
thereof as to which such Defaulting Lender would otherwise be liable, in which case the obligations of the Non-Defaulting Lenders in respect of such Letter of Credit will, subject to the first proviso below, be on a pro rata basis in
accordance with the Commitments of the Non-Defaulting Lenders, and the pro rata payment provisions of Section 2.18 will be deemed adjusted to reflect this provision; provided that (a) the sum of each
Non-Defaulting Lender’s total Credit Exposure may not in any event exceed the Commitment of such Non-Defaulting Lender, and (b) neither any such reallocation nor any payment by a Non-Defaulting Lender pursuant thereto nor any such Cash
Collateralization or reduction will constitute a waiver or release of any claim the Borrower, the Administrative Agent, any Issuing Bank or any other Lender may have against such Defaulting Lender, or cause such Defaulting Lender to be a
Non-Defaulting Lender. 
 ARTICLE V 
 AFFIRMATIVE COVENANTS 
 From and after the Effective Date
and until the Aggregate Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC
Disbursements shall have been reimbursed, the Borrower, solely with respect to itself, and to the extent set forth below, its Subsidiaries, covenants and agrees with the Lenders that: 

Section 5.01 Financial Statements and Other Information. The Borrower will furnish, or cause to be furnished, to the
Administrative Agent: 
 (a) as soon as available, but in any event within 105 days after the end of each fiscal
year of the Borrower, the audited consolidated balance sheet of the Borrower and its consolidated subsidiaries as at the end of such year and the related consolidated statements of income, equity and cash flows of the Borrower and its consolidated
subsidiaries for such year, all in reasonable detail, audited and accompanied by a report and opinion of an independent certified public accountant of nationally recognized standing selected by the Borrower, which report and opinion shall be
prepared in accordance with GAAP; 

  
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 (b) as soon as available, but in any event within 60 days after the end of
each of the first three fiscal quarters of each fiscal year of the Borrower, the unaudited consolidated balance sheet of the Borrower and its consolidated subsidiaries as at the end of such quarter and the related consolidated statements of income,
equity and cash flows of the Borrower and its consolidated subsidiaries for such quarter, all in reasonable detail and certified by a Financial Officer of the Borrower as fairly presenting in all material respects the financial condition, results of
operations and cash flows of the Borrower and its subsidiaries in accordance with GAAP, subject to normal changes resulting from year-end adjustments; 
 (c) within 60 days after the end of each of the first three fiscal quarters of each fiscal year of the Borrower and within 105 days after the end of each fiscal year of the Borrower, a certificate of a
Financial Officer of the Borrower substantially in the form of Exhibit D (i) certifying as to whether a Default has occurred that is then continuing and, if a Default has occurred that is then continuing, specifying the details thereof
and any action taken or proposed to be taken with respect thereto, and (ii) setting forth in reasonable detail calculations demonstrating compliance with Section 6.07; 

(d) promptly upon their becoming available, one copy of (i) each financial statement, report, notice or proxy
statement sent by the Borrower to public securities holders generally, and (ii) each regular or periodic report, each registration statement (without exhibits except as expressly requested by such Lender), and each prospectus and all amendments
thereto filed by the Borrower or any of its Subsidiaries with the Securities and Exchange Commission, or any Governmental Authority succeeding to any or all of the functions of said Commission, or with any national securities exchange; and

 (e) any other information (other than projections) which the Administrative Agent, at the request of any
Lender, may from time to time reasonably request. 
 Any document readily available on-line through the
“Electronic Data Gathering, Analysis and Retrieval” system (or any successor system thereof) maintained by the Securities and Exchange Commission (or any succeeding Governmental Authority), shall be deemed to have been furnished to the
Administrative Agent for purposes of this Section 5.01. Documents required to be delivered pursuant to Section 5.01 may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date
(i) on which the Borrower posts such documents, or provides a link thereto on the Borrower’s website on the Internet at www.williams.com or (ii) on which such documents are (or are deemed to be) delivered to the Administrative
Agent. The Administrative Agent shall post such documents on the Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial, third-party website or whether
sponsored by the Administrative Agent). The Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the
Borrower with any such request for delivery. 
 Section 5.02 Notices of Material Events. The Borrower will furnish
to the Administrative Agent and each Lender prompt written notice of the following: 
 (a) the occurrence of any
Event of Default; 

  
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 (b) as soon as possible and in any event within 30 Business Days after the
Borrower or any of its Subsidiaries or ERISA Affiliate of the Borrower knows or has reason to know that any ERISA Event with respect to any Plan of the Borrower has occurred or is reasonably expected to occur that could reasonably be expected to
have a Material Adverse Effect in respect of the Borrower; 
 (c) promptly and in any event within 25 Business
Days after receipt thereof by the Borrower or any ERISA Affiliate of the Borrower, copies of each notice received by the Borrower or any ERISA Affiliate of the Borrower from the PBGC stating its intention to terminate any Plan or to have a trustee
appointed to administer any Plan; 
 (d) promptly and in any event within 25 Business Days after receipt thereof
by the Borrower or any ERISA Affiliate of the Borrower from the sponsor of a Multiemployer Plan, a copy of each notice received by the Borrower or any ERISA Affiliate of the Borrower concerning (i) the imposition of a Withdrawal Liability by a
Multiemployer Plan, (ii) the determination that a Multiemployer Plan is, or is expected to be, in reorganization within the meaning of Title IV of ERISA, (iii) the termination of a Multiemployer Plan within the meaning of Title IV of
ERISA, or (iv) the amount of liability incurred, or expected to be incurred, by the Borrower or any ERISA Affiliate of the Borrower in connection with any event described in clause (i), (ii) or (iii) above that, in the aggregate,
would reasonably be expected to have a Material Adverse Effect in respect of the Borrower; and 
 (e) the
occurrence of any “Event of Default” (as defined in the indenture with respect thereto) with respect to the Senior Notes; and 
 (f) any change in any rating established or deemed to have been established by Moody’s or S&P for the Index Debt of the Borrower. 

Each notice delivered under clauses (a) through (e) of this Section shall be accompanied by a statement of a Responsible
Officer setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto. 
 Section 5.03 Existence; Conduct of Business. The Borrower will, and will cause each of its Material Subsidiaries to, do or cause to be done all things necessary to preserve, renew and keep in
full force and effect its legal existence and the rights, licenses, permits, privileges and franchises material and necessary or desirable to the conduct of its business, except where failure to do so could not be reasonably expected to have a
Material Adverse Effect except (i) in the case of any Material Subsidiary of the Borrower, where the failure of such Material Subsidiary to so maintain its existence could not reasonably be expected to have a Material Adverse Effect in respect
of the Borrower, (ii) where the failure to preserve and maintain such rights and franchises (other than existence) or to so qualify and remain qualified could not reasonably be expected to have a Material Adverse Effect in respect of the
Borrower, and (iii) the foregoing shall not prohibit any merger, consolidation, liquidation or dissolution not prohibited under Section 6.03. 
 Section 5.04 Payment of Obligations. The Borrower will, and will cause each of its Material Subsidiaries to, pay, before the same shall become delinquent or in default, its Indebtedness and
tax liabilities but excluding Indebtedness that is not Material Indebtedness, 

  
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except where (a)(i) the validity or amount thereof is being contested by the Borrower or such Subsidiary in good faith by appropriate proceedings, and (ii) the Borrower or such Subsidiary
has set aside on its books adequate reserves with respect thereto in accordance with GAAP, or (b) the failure to make payment would not reasonably be expected to have a Material Adverse Effect. 

Section 5.05 Maintenance of Properties; Insurance. The Borrower will, and will cause each of its Material Subsidiaries to,
(a) keep and maintain all property, taken as a whole, material to the conduct of their business in good working order and condition, ordinary wear and tear excepted, in the reasonable judgment of the Borrower or Material Subsidiary, and
(b) maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar
locations; provided that (i) the Borrower or Material Subsidiary may self-insure to the extent and in the manner normal for companies of like size, type and financial condition and (ii) any insurance required by this
Section 5.05(b) may be maintained by the Borrower on behalf of a Material Subsidiary. 
 Section 5.06 Books
and Records; Inspection Rights. The Borrower will, and will cause each of its Material Subsidiaries to, keep in accordance with GAAP books of record and account. The Borrower will, and will cause each of its Material Subsidiaries to, permit any
representatives designated by the Administrative Agent or the Required Lenders, upon reasonable prior notice during normal business hours and, if the Borrower shall so request, in the presence of a Responsible Officer or an appointee of a
Responsible Officer, at the Lenders’ expense so long as no Event of Default exists and at the Borrower’s expense during the continuance of an Event of Default, to visit and inspect its properties, to examine and make extracts from its
books and records (subject to compliance with confidentiality agreements and applicable copyright law), and to discuss its affairs, finances and condition with its officers, all at such reasonable times and as often as reasonably requested but no
more frequently than once a year so long as no Event of Default exists. 
 Section 5.07 Compliance with Laws. The
Borrower will, and will cause each of its Material Subsidiaries to, comply with all laws, rules, regulations and orders of any Governmental Authority applicable to it or its property, including, without limitation, Environmental Laws, except where
the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. 
 Section 5.08 Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters
of Credit will be used for the Borrower’s and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the
Regulations of the Board of Governors of the Federal Reserve System of the United States of America, including Regulations U and X. 
 Section 5.09 Maintenance of Ownership. At all times, the Borrower will (a) Control the General Partner, (b) maintain ownership free and clear of any Liens of at least 50% of the
Equity Interests in the General Partner, and (c) cause the General Partner to maintain ownership free and clear of any Liens of at least 50% of the incentive distribution rights in MLP; provided that nothing in this clause (c) shall
prohibit (i) the General Partner’s ability to waive or reset its incentive distribution rights in MLP or (ii) the termination of the incentive distribution rights in connection with a GP Buy-in. 

  
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 ARTICLE VI 
 NEGATIVE COVENANTS 
 From and after the Effective Date and
until the Aggregate Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired or terminated and all LC Disbursements shall have
been reimbursed, the Borrower, solely with respect to itself, and to the extent set forth below, its Subsidiaries, covenants and agrees with the Lenders that: 
 Section 6.01 Indebtedness. 
 (a) The Borrower will not
permit any Subsidiary (other than Canadian Subsidiaries) or the General Partner to create, incur or assume any Indebtedness other than the following: 
 (i) With respect to its Subsidiaries (and the General Partner, but only so long as the Borrower is the lender with respect to such indebtedness) intercompany Indebtedness; 

(ii) Indebtedness of Subsidiaries of the Borrower in an aggregate principal amount that would not exceed $50,000,000 at
any time and any Indebtedness incurred to refund, extend, refinance or otherwise replace such Indebtedness; provided, that the principal amount of such Indebtedness does not exceed the principal amount of Indebtedness refinanced (plus the
amount of penalties, premiums, fees, accrued interest and reasonable expenses and other obligations incurred therewith) at the time of refinancing; 
 (iii) Indebtedness that is (or was) secured by Permitted Liens and any Indebtedness incurred to refund, extend, refinance or otherwise replace such Indebtedness; provided, that the principal amount
of such Indebtedness does not exceed the principal amount of Indebtedness refinanced (plus the amount of penalties, premiums, fees, accrued interest and reasonable expenses and other obligations incurred therewith) at the time of refinancing; and

 (iv) Indebtedness of any Subsidiary acquired in an acquisition, existing at the time of such acquisition and
not incurred in contemplation thereof and any Indebtedness incurred to refund, extend, refinance or otherwise replace such Indebtedness (plus the amount of penalties, premiums, fees, accrued interest and reasonable expenses and other obligations
incurred therewith); 
 provided, however, that no Subsidiary nor the General Partner shall create, incur or assume any
Indebtedness pursuant to this Section 6.01 if the incurrence or maintenance of such Indebtedness would cause a Default or an Event of Default under any other provisions of this Agreement; and 

  
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 (b) The Borrower shall not, and shall not permit any of its Subsidiaries
(other than its Canadian Subsidiaries), to guarantee the Indebtedness of any Canadian Subsidiary if such Indebtedness is secured. 
 Section 6.02 Liens. 
 (a) The Borrower shall not, and
shall not permit any of its Material Subsidiaries to, create, assume or incur any Lien on any of its assets or property or upon any Equity Interests of any such Material Subsidiary which Equity Interests are now owned or hereafter acquired by the
Borrower or such Subsidiary to secure any Indebtedness of the Borrower, or any other Person (other than the Indebtedness under this Agreement) other than Permitted Liens, without providing that the Loans of the Borrower shall be equally and ratably
secured with such Indebtedness until such time as such Indebtedness is no longer secured by a Lien. Notwithstanding the foregoing, the Borrower may, and may permit any of its Material Subsidiaries to, create, assume or incur any Indebtedness secured
by a Lien, other than Permitted Liens, without securing the Loans of the Borrower, provided that the aggregate principal amount of all Indebtedness then outstanding secured by Liens (other than Permitted Liens) does not exceed the greater of
(i) $500,000,000 and (ii) 15% of Consolidated Net Tangible Assets. 
 (b) The Borrower shall not, and
shall not permit any of its Material Subsidiaries to, create, assume or incur any Lien on any of its assets or property constituting common units representing limited partner interests in the MLP to secure any Indebtedness of the Borrower, or any
other Person (other than the Indebtedness under this Agreement), without providing that the Loans of the Borrower shall be equally and ratably secured with such Indebtedness until such time as such Indebtedness is no longer secured by a Lien on such
common units. 
 Section 6.03 Fundamental Changes. The Borrower will not merge into or consolidate with any other
Person, or permit any other Person to merge into or consolidate with it, or sell, transfer, lease or otherwise dispose of (in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter
acquired), or liquidate or dissolve, except that (a) if at the time thereof and immediately after giving effect thereto no Default shall have occurred and be continuing, any Person may merge into the Borrower in a transaction in which the
Borrower is the surviving corporation, (b) any Subsidiary may sell, transfer, lease or otherwise dispose of (in one transaction or in a series of transactions) all or substantially all of its assets to another Subsidiary or to the Borrower and
(c) the Borrower may sell, transfer, lease or otherwise dispose of (in one transaction or in a series of transactions) all or substantially all of its assets to a Subsidiary. 

Section 6.04 Restricted Payments. The Borrower will not declare or make, or agree to pay or make, directly or indirectly, any
Restricted Payment, except as long as no Event of Default has occurred and is continuing or would result therefrom, (a) the Borrower may make Restricted Payments, and (b) the Borrower may make payments or other distributions to officers,
directors or employees with respect to the exercise by any such Persons of options, warrants or other rights to acquire Equity Interests in the Borrower issued pursuant to an employment, equity award, equity option or equity appreciation agreement
or plans entered into by the Borrower in the ordinary course of business. 

  
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 Section 6.05 Restrictive Agreements. The Borrower will not permit any of its
Material Subsidiaries to, directly or indirectly, enter into or permit to exist any agreement or other arrangement with any Person, other than the Lenders pursuant hereto, which expressly prohibits or restricts or imposes any conditions upon the
ability of any Material Subsidiary of the Borrower to (a) pay dividends or make other distributions or pay any Indebtedness owed to the Borrower or any Material Subsidiary of the Borrower, or (b) make subordinate loans or advances to or
make other investments in the Borrower or any Material Subsidiary of the Borrower, in each case, other than restrictions or conditions contained in, or existing by reasons of, any agreement or instrument (i) relating to any Indebtedness of any
Subsidiary of the Borrower, (ii) relating to property existing at the time of the acquisition thereof, so long as the restriction or condition relates only to the property so acquired, (iii) relating to any Subsidiary of the Borrower, at
the time such Subsidiary was merged or consolidated with or into, or acquired by, the Borrower or a Subsidiary of the Borrower or became a Subsidiary of the Borrower and not created in contemplation thereof, (iv) effecting a renewal, extension,
refinancing, refund or replacement (or successive extensions, renewals, refinancings, refunds or replacements) of Indebtedness issued under an agreement referred to in clauses (i) through (iii) above, so long as the restrictions and
conditions contained in any such renewal, extension, refinancing, refund or replacement agreement, taken as a whole, are not materially more restrictive than the restrictions and conditions contained in the original agreement, as determined in good
faith by the board of directors of the Borrower or the applicable Subsidiary, (v) constituting customary provisions restricting subletting or assignment of any leases of the Borrower or any Subsidiary of the Borrower or provisions in agreements
that restrict the assignment of such agreement or any rights thereunder, (vi) related to Permitted Liens, (vii) constituting any temporary encumbrance or restriction with respect to a Subsidiary of the Borrower under an agreement that has
been entered into for the disposition of all or substantially all of the outstanding Equity Interests of or assets of such Subsidiary, provided that such disposition is otherwise permitted hereunder, (viii) constituting customary
restrictions on cash, other deposits or assets imposed by customers and other persons under contracts entered into in the ordinary course of business, (ix) constituting provisions contained in agreements or instruments relating to Indebtedness
that prohibit the transfer of all or substantially all of the assets of the obligor under that agreement or instrument unless the transferee assumes the obligations of the obligor under such agreement or instrument or such assets may be transferred
subject to such prohibition, (x) constituting a requirement that a certain amount of Indebtedness be maintained between a Subsidiary of the Borrower and the Borrower or another of its Subsidiaries, (xi) constituting any restriction or
condition with respect to property under an agreement that has been entered into for the disposition of such property, provided that such disposition is otherwise permitted hereunder, (xii) constituting any restriction or condition with
respect to property under a charter, lease or other agreement that has been entered into for the employment of such property, (xiii) constituting a Hybrid Security or an indenture, document, agreement or security entered into or issued in
connection with a Hybrid Security or otherwise constituting a restriction or condition on the payment of dividends or distributions by an issuer of a Hybrid Security; (xiv) entered into in the ordinary course of business; (xv) existing
under or by reason of applicable law; (xvi) relating to a joint venture or similar arrangement, so long as the restriction or condition relates only to the property that is subject to such joint venture or similar arrangement;
(xvii) existing on the Closing Date and set forth in Schedule 6.05; and (xviii) relating to financial performance covenants. 

  
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 Section 6.06 Affiliate Transactions. The Borrower will not, and will not permit
any of its Material Subsidiaries to, directly or indirectly, pay any funds to or for the account of, make any investment in, lease, sell, transfer or otherwise dispose of any assets, tangible or intangible, to, or participate in, or effect, any
transaction with, any officer, director, employee or Affiliate (other than the Borrower or any of its Subsidiaries) unless as a whole such transactions between the Borrower and its Subsidiaries on the one hand and any officer, director, employee or
Affiliate (other than the Borrower or any of its Subsidiaries) on the other hand, are on terms and conditions fair and reasonable to the Borrower or such Material Subsidiary as determined by the Borrower; provided, that the foregoing
provisions of this Section shall not prohibit (a) the Borrower or any of its Subsidiaries from declaring or paying any lawful dividend or distribution otherwise permitted hereunder, (b) the Borrower or any of its Subsidiaries from
providing credit support for its Subsidiaries as it deems appropriate in the ordinary course of business, (c) the Borrower or any of its Subsidiaries from engaging in a transaction or transactions that occur within a related series of
transactions, which, in the aggregate, are on terms and conditions that are fair and reasonable as determined by the Borrower, (d) the Borrower or any of its Subsidiaries from engaging in non-material transactions with any officer, director,
employee or Affiliate of the Borrower or any of its Subsidiaries that are not on an arms-length basis or are not on terms as favorable as could have been obtained from a third party but are in the ordinary course of the Borrower’s or such
Subsidiary’s business, so long as, in each case, after giving effect thereto, no Default or Event of Default shall have occurred and be continuing, (e) the Borrower or any of its Subsidiaries from engaging in a transaction with an
Affiliate if such transaction has been approved by the Borrower’s Board of Directors, (f) any arrangement in place on the Closing Date or any amendment thereto or replacement thereof or any transaction contemplated thereby so long as such
amendment or replacement is not more disadvantageous in any material respect than the arrangement so amended or replaced; (g) any corporate sharing agreements with respect to Tax sharing and general overhead and administrative matters;
(h) any direct or indirect transfer of Equity Interests to the Borrower or any of its Subsidiaries in one or a series of transactions, and (i) any sale to, purchase from, extension of credit to, payment of services rendered by or any other
transaction between any MLP Entity and one or more of the Borrower or any of its Material Subsidiaries, if (x) such sale, purchase, extension of credit, payment or transaction is made or completed in compliance with the terms and provisions of
the MLP Partnership Agreement and (y) such sale, purchase, extension of credit, payment or transaction is on terms and conditions fair and reasonable to the Borrower or such Material Subsidiary as determined by the Borrower. 

Section 6.07 Leverage Ratio. The Borrower shall not permit the ratio of Consolidated Indebtedness of the Borrower as of the
last day of any fiscal quarter for which financial statements have been delivered pursuant to Section 5.01 to Consolidated EBITDA for the four full fiscal quarters ending on such date to exceed: 

(a) 5.00 to 1.0, in the case of any such period ended on the last day of (A) a fiscal quarter in which the Borrower
makes any Specified Acquisition, or (B) the first or second fiscal quarter next succeeding such a fiscal quarter; or 
 (b) 4.50 to 1.00, in the case of any such period ended on the last day of any other fiscal quarter. 

  
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 For purposes of this Section 6.07: (A) Hybrid Securities up to an aggregate
amount of 15% of Consolidated Total Capitalization shall be excluded from Consolidated Indebtedness, and (B) once any Acquisition Adjustment Period is in effect, the next succeeding Acquisition Adjustment Period may not commence until the
termination of such Acquisition Adjustment Period then in effect. 
 ARTICLE VII 

EVENTS OF DEFAULT 
 If any of the following events (“Events of Default”) shall occur and be continuing: 
 (a) the Borrower shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any LC Disbursement when and as the same shall become due and payable, whether at the due date
thereof or at a date fixed for prepayment thereof or otherwise; 
 (b) the Borrower shall fail to pay
(i) any interest on any Loan payable under this Agreement, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of five (5) days or (ii) any fee or any other amount (other than an
amount referred to in clause (a) or (b)(i) of this Article) payable under this Agreement, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of ten (10) days; 

(c) any representation or warranty (other than Added L/C Representations) made by the Borrower herein or in any other Loan
Document (or by any Responsible Officer of the Borrower) in writing under or in connection with this Agreement or any other Loan Document or any instrument executed in connection herewith (including representations and warranties deemed made
pursuant to Section 4.02) shall prove to have been incorrect in any material respect when made or deemed made and such materiality is continuing; 
 (d) the Borrower shall fail to observe or perform any covenant, condition or agreement contained in Article VI; 

(e) the Borrower shall fail to observe or perform any covenant, condition or agreement contained in this Agreement (other
than those specified in clause (a), (b) or (d) of this Article), and such failure shall continue unremedied for a period of 30 days after the earlier of (i) written notice thereof from the Administrative Agent to the Borrower (which
notice will be given at the request of the Required Lenders) or (ii) a Responsible Officer of the Borrower shall have knowledge of such failure; 
 (f) the Borrower, any Material Subsidiary of the Borrower or the MLP shall (i) fail to pay (A) any principal of or premium or interest on any Material Indebtedness of the Borrower, such Material
Subsidiary or the MLP (as the case may be), or (B) aggregate net obligations under one or more Hedging Agreements (excluding amounts the validity of which are being contested in good faith by appropriate proceedings, if necessary, and for which
adequate reserves with respect thereto are maintained on the books of the Borrower, such Material Subsidiary or the MLP (as the case may be)) in excess of $100,000,000, in each case when the same becomes due and payable (whether by scheduled
maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in 

  
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the agreement or instrument relating to such Material Indebtedness or such Hedging Agreements; or (ii) default in the observance or performance of any covenant or obligation contained in any
agreement of such Material Indebtedness that is a default (in each case, other than a failure to pay specified in clause (i) of this subsection (f)) and such default shall continue after the applicable grace period, if any, specified in such
agreement or instrument, if the effect thereof is to accelerate the maturity of such Material Indebtedness or require such Material Indebtedness to be prepaid prior to the stated maturity thereof; for the avoidance of doubt the parties acknowledge
and agree that any payment required to be made under a guaranty of payment or collection described in clause (g) of the definition of Indebtedness shall be due and payable at the time such payment is due and payable under the terms of such
guaranty (taking into account any applicable grace period) and such payment shall be deemed not to have been accelerated or required to be prepaid prior to its stated maturity as a result of the obligation guaranteed having become due; 

(g) an involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation,
reorganization or other relief in respect of the Borrower, any Material Subsidiary of the Borrower or the MLP or its debts, or of a substantial part of its assets, under any federal, state or foreign bankruptcy, insolvency, receivership or similar
law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the Borrower, any Material Subsidiary of the Borrower or the MLP or for a substantial part of its
assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered; 

(h) the Borrower, any Material Subsidiary of the Borrower or the MLP shall (i) voluntarily commence any proceeding or
file any petition seeking liquidation, reorganization or other relief under any federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect, (ii) consent to the institution of, or fail to contest in
a timely and appropriate manner, any proceeding or petition described in clause (h) of this Article, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the
Borrower, any Material Subsidiary of the Borrower or the MLP or for a substantial part of its assets, (iv) make a general assignment for the benefit of creditors or (v) take any action for the purpose of effecting any of the foregoing;

 (i) the Borrower, any Material Subsidiary of the Borrower or the MLP shall admit in writing its inability to
pay its debts generally; 
 (j) one or more judgments for the payment of money in an aggregate uninsured amount
equal to or greater than $100,000,000 shall be rendered against the Borrower or any Material Subsidiary of the Borrower or any combination thereof and the same shall remain undischarged for a period of 30 consecutive days during which execution
shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Borrower or any such Material Subsidiary of the Borrower to enforce any such judgment; 

(k) an ERISA Event shall have occurred and, thirty (30) days after notice thereof shall have been given to the
Borrower by the Administrative Agent, such ERISA Event shall still exist, and such ERISA Event, when taken together with all other ERISA Events that have occurred, would reasonably be expected to result in a Material Adverse Effect; 

  
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 (l) the Borrower or any Material Subsidiary or ERISA Affiliate of the
Borrower shall have been notified by the sponsor of a Multiemployer Plan that it has incurred Withdrawal Liability to such Multiemployer Plan in an amount which, when aggregated with all other amounts required to be paid to Multiemployer Plans in
connection with Withdrawal Liabilities (determined as of the date of such notification), would reasonably be expected to result in a Material Adverse Effect; 
 (m) the Borrower or any Material Subsidiary or ERISA Affiliate of the Borrower shall have been notified by the sponsor of a Multiemployer Plan that such Multiemployer Plan is in reorganization or is being
terminated, within the meaning of Title IV of ERISA, if as a result of such reorganization or termination the aggregate annual contributions of the Borrower and its ERISA Affiliates to all Multiemployer Plans which are then in reorganization or
being terminated have been or will be increased over the amounts contributed to such Multiemployer Plans for the respective plan years which include the Closing Date by an amount that would reasonably be expected to result in a Material Adverse
Effect; or 
 (n) a Change in Control shall occur; 

then, and in every such event (other than an event with respect to the Borrower described in clause (g) or (h) of this
Article), and at any time thereafter during the continuance of such event, the Administrative Agent at the request of the Required Lenders shall, by notice to the Borrower, take any of the following actions, at the same or different times:
(i) terminate the Aggregate Commitments and Letter of Credit Commitments, and thereupon the Aggregate Commitments and the Letter of Credit Commitments shall terminate immediately, (ii) declare the Loans owed by the Borrower as to which an
Event of Default has occurred and is continuing to be due and payable in whole (or in part, in which case any principal not so declared to be due and payable may thereafter be declared to be due and payable), and thereupon the principal of the Loans
so declared to be due and payable, together with accrued interest thereon and all fees and other obligations of the Borrower accrued hereunder, shall become due and payable immediately, without presentment, demand, protest or other notice of any
kind, all of which are hereby waived by the Borrower; and in case of any event with respect to the Borrower described in clause (g) or (h) of this Article, the obligations of each Lender to make Loans to the Borrower, and of each Issuing
Bank to issue a Letter of Credit for or on behalf of the Borrower shall be automatically terminated and the principal of the Loans of then outstanding, together with accrued interest thereon and all fees and other obligations owed by the Borrower
shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower, and (iii) exercise on behalf of itself, the Lenders and the Issuing Banks all rights
and remedies available to it, the Lenders and the Issuing Banks under the Loan Documents, including the rights under Section 2.06(j)(i). 

  
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 ARTICLE VIII 
 THE ADMINISTRATIVE AGENT 
 Section 8.01 Appointment and
Authority. Each Lender Party hereby irrevocably appoints Citibank, N.A. to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and
to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the
Administrative Agent and the Lender Parties, and the Borrower shall not have rights as a third party beneficiary of any of such provisions. 
 Section 8.02 Administrative Agent Individually. 
 (a)
The Person serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender Party as any other Lender Party and may exercise the same as though it were not the Administrative Agent and the term
“Lender Party” or “Lender Parties” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and
its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person
were not the Administrative Agent hereunder and without any duty to account therefor to the Lender Parties. 

(b) Each Lender Party understands that the Person serving as Administrative Agent, acting in its individual capacity, and
its Affiliates (collectively, the “Agent’s Group”) are engaged in a wide range of financial services and businesses (including investment management, financing, securities trading, corporate and investment banking and research)
(such services and businesses are collectively referred to in this Article VIII as “Activities”) and may engage in the Activities with or on behalf of one or more of the Borrower or its respective Affiliates. Furthermore, the
Agent’s Group may, in undertaking the Activities, engage in trading in financial products or undertake other investment businesses for its own account or on behalf of others (including the Borrower and its Affiliates and including holding, for
its own account or on behalf of others, equity, debt and similar positions in the Borrower or its respective Affiliates), including trading in or holding long, short or derivative positions in securities, loans or other financial products of one or
more of the Borrower or its Affiliates. Each Lender Party understands and agrees that in engaging in the Activities, the Agent’s Group may receive or otherwise obtain information concerning the Borrower or its Affiliates (including information
concerning the ability of the Borrower to perform its obligations hereunder and under the other Loan Documents) which information may not be available to any of the Lender Parties that are not members of the Agent’s Group. None of the
Administrative Agent nor any member of the Agent’s Group shall have any duty to disclose to any Lender Party or use on behalf of the Lender Parties, and shall not be liable for the failure to so disclose or use, any information whatsoever about
or derived from the Activities or otherwise (including any information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of the Borrower or any Affiliate thereof) or to account for any
revenue or profits obtained in connection with the Activities, except that the Administrative Agent shall deliver or otherwise make available to each Lender Party such documents as are expressly required by any Loan Document to be transmitted by the
Administrative Agent to the Lender Parties. 

  
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 (c) Each Lender Party further understands that there may be situations where
members of the Agent’s Group or their respective customers (including the Borrower and its Affiliates) either now have or may in the future have interests or take actions that may conflict with the interests of any one or more of the Lender
Parties (including the interests of the Lender Parties hereunder and under the other Loan Documents). Each Lender Party agrees that no member of the Agent’s Group is or shall be required to restrict its activities as a result of the Person
serving as Administrative Agent being a member of the Agent’s Group, and that each member of the Agent’s Group may undertake any Activities without further consultation with or notification to any Lender Party. None of (i) this
Agreement nor any other Loan Document, (ii) the receipt by the Agent’s Group of information (including Information) concerning the Borrower or its Affiliates (including information concerning the ability of the Borrower to perform its
obligations hereunder and under the other Loan Documents) nor (iii) any other matter shall give rise to any fiduciary, equitable or contractual duties (including without limitation any duty of trust or confidence) owing by the Administrative
Agent or any member of the Agent’s Group to any Lender Party including any such duty that would prevent or restrict the Agent’s Group from acting on behalf of customers (including the Borrower or its Affiliates) or for its own account.

 Section 8.03 Duties of Administrative Agent; Exculpatory Provisions. 

(a) The Administrative Agent’s duties hereunder and under the other Loan Documents are solely ministerial and
administrative in nature and the Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent shall
not have any duty to take any discretionary action or exercise any discretionary powers, but shall be required to act or refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the written direction of the
Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its
opinion or the opinion of its counsel, may expose the Administrative Agent or any of its Affiliates to liability or that is contrary to any Loan Document or applicable law, including, for the avoidance of doubt, any action that may be in violation
of the automatic stay under the Bankruptcy Code or other debtor relief law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of the Bankruptcy Code or other debtor relief law. 

(b) The Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at
the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in
Section 9.03 or Article VII) or (ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default or the event or events that give or may give
rise to any Default unless and until the Borrower or any Lender Party shall have given notice to the Administrative Agent describing such Default and such event or events. 

  
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 (c) Neither the Administrative Agent nor any member of the Agent’s
Group shall be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty, representation or other information made or supplied in or in connection with this Agreement, any other Loan Document or the Information
Memorandum, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith or the adequacy, accuracy and/or completeness of the information contained therein,
(iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this
Agreement, any other Loan Document or any other agreement, instrument or document or (v) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than (but subject to the foregoing clause (ii)) to confirm
receipt of items expressly required to be delivered to the Administrative Agent. 
 (d) Nothing in this Agreement
or any other Loan Document shall require the Administrative Agent or any of its Related Parties to carry out any “know your customer” or other checks in relation to any person on behalf of any Lender Party and each Lender Party confirms to
the Administrative Agent that it is solely responsible for any such checks it is required to carry out and that it may not rely on any statement in relation to such checks made by the Administrative Agent or any of its Related Parties. 

Section 8.04 Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely upon, and shall not incur
any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine
and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur
any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender Party, the Administrative
Agent may presume that such condition is satisfactory to such Lender Party unless an officer of the Administrative Agent responsible for the transactions contemplated hereby shall have received notice to the contrary from such Lender Party prior to
the making of such Loan or the issuance of such Letter of Credit, and in the case of a Borrowing, such Lender Party shall not have made available to the Administrative Agent such Lender Party’s ratable portion of such Borrowing. The
Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any
such counsel, accountants or experts. 
 Section 8.05 Delegation of Duties. The Administrative Agent may perform any
and all of its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub agents appointed by the Administrative Agent. The Administrative Agent and any such sub agent may perform any and
all of its duties and exercise its rights and powers by or through their respective Related Parties. Each such sub agent and the Related Parties of the Administrative Agent and each such sub agent shall be entitled to the benefits of all provisions
of this Article VIII and Section 9.04 (as though such sub-agents were the “Administrative Agent” under the Loan Documents) as if set forth in full herein with respect thereto. 

  
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 Section 8.06 Resignation of Administrative Agent. The Administrative Agent may
at any time give notice of its resignation to the Lender Parties and the Borrower (such notice not to be effective until 30 days have lapsed). Upon receipt of any such notice of resignation, the Required Lenders shall have the right, unless an Event
of Default under subsection (a), (g) or (h) of Article VIII has occurred and is continuing, with the consent of the Borrower, to appoint a successor. If no such successor shall have been so appointed by the Required Lenders and
shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its resignation (such 30-day period, the “Lender Party Appointment Period”), then the retiring Administrative Agent may on
behalf of the Lender Parties, appoint a successor Administrative Agent meeting the qualifications set forth above. In addition and without any obligation on the part of the retiring Administrative Agent to appoint, on behalf of the Lender Parties, a
successor Administrative Agent, the retiring Administrative Agent may at any time upon or after the end of the Lender Party Appointment Period notify the Borrower and the Lender Parties that no qualifying Person has accepted appointment as successor
Administrative Agent and the effective date of such retiring Administrative Agent’s resignation which effective date shall be no earlier than three business days after the date of such notice. Upon the resignation effective date established in
such notice and regardless of whether a successor Administrative Agent has been appointed and accepted such appointment, the retiring Administrative Agent’s resignation shall nonetheless become effective and (i) the retiring Administrative
Agent shall be discharged from its duties and obligations as Administrative Agent hereunder and under the other Loan Documents and (ii) all payments, communications and determinations provided to be made by, to or through the Administrative
Agent shall instead be made by or to each Lender Party directly, until such time as the Required Lenders appoint a successor Administrative Agent as provided for above in this paragraph. Upon the acceptance of a successor’s appointment as
Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties as Administrative Agent of the retiring (or retired) Administrative Agent, and the retiring Administrative Agent
shall be discharged from all of its duties and obligations as Administrative Agent hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this paragraph). The fees payable by the Borrower to a successor
Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring Administrative Agent’s resignation hereunder and under the other Loan Documents, the
provisions of this Article and Section 9.04 shall continue in effect for the benefit of such retiring Administrative Agent, its sub agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any
of them while the retiring Administrative Agent was acting as Administrative Agent. Anything herein to the contrary notwithstanding, if at any time the Required Lenders determine that the Person serving as Administrative Agent is (without taking
into account any provision in the definition of “Defaulting Lender” requiring notice from the Administrative Agent or any other party) a Defaulting Lender, the Required Lenders (determined after giving effect to Section 9.03)
may by notice to the Borrower and such Person remove such Person as Administrative Agent and, in with the consent of the Borrower, appoint a replacement Administrative Agent hereunder. Such removal will, to the fullest extent permitted by applicable
law, be effective on the earlier of (i) the date a replacement Administrative Agent is appointed and (ii) the date 30 days after the giving of such notice by the Required Lenders (regardless of whether a replacement Administrative Agent
has been appointed). 

  
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 Section 8.07 Non-Reliance on Administrative Agent and Other Lender Parties.

 (a) Each Lender Party confirms to the Administrative Agent, each other Lender Party and each of their
respective Related Parties that it (i) possesses (individually or through its Related Parties) such knowledge and experience in financial and business matters that it is capable, without reliance on the Administrative Agent, any other Lender
Party or any of their respective Related Parties, of evaluating the merits and risks (including Tax, legal, regulatory, credit, accounting and other financial matters) of (x) entering into this Agreement, (y) making Loans and other
extensions of credit hereunder and under the other Loan Documents and (z) taking or not taking actions hereunder and thereunder, (ii) is financially able to bear such risks and (iii) has determined that entering into this Agreement
and making Loans and other extensions of credit hereunder and under the other Loan Documents is suitable and appropriate for it. 
 (b) Each Lender Party acknowledges that (i) it is solely responsible for making its own independent appraisal and investigation of all risks arising under or in connection with this Agreement and the
other Loan Documents, (ii) it has, independently and without reliance upon the Administrative Agent, any other Lender Party or any of their respective Related Parties, made its own appraisal and investigation of all risks associated with, and
its own credit analysis and decision to enter into, this Agreement based on such documents and information as it has deemed appropriate and (iii) it will, independently and without reliance upon the Administrative Agent, any other Lender Party
or any of their respective Related Parties, continue to be solely responsible for making its own appraisal and investigation of all risks arising under or in connection with, and its own credit analysis and decision to take or not take action under,
this Agreement and the other Loan Documents based on such documents and information as it shall from time to time deem appropriate, which may include, in each case: 

(i) the financial condition, status and capitalization of the Borrower; 

(ii) the legality, validity, effectiveness, adequacy or enforceability of this Agreement and each other Loan Document and
any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Loan Document; 
 (iii) determining compliance or non-compliance with any condition hereunder to the making of a Loan, or the issuance of a Letter of Credit and the form and substance of all evidence delivered in
connection with establishing the satisfaction of each such condition; 
 (iv) the adequacy, accuracy and/or
completeness of the Information Memorandum and any other information delivered by the Administrative Agent, any other Lender Party or by any of their respective Related Parties under or in connection with this Agreement or any other Loan Document,
the transactions contemplated hereby and thereby or any other agreement, arrangement or document entered into, made or executed in anticipation of, under or in connection with any Loan Document. 

  
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 Section 8.08 No Other Duties, etc. Anything herein to the contrary
notwithstanding, none of the Persons acting as Joint Bookrunners, Joint Lead Arrangers, Co-Syndication Agents or Documentation Agent listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the
other Loan Documents, except in its capacity, as applicable, as the Administrative Agent or as a Lender Party hereunder. 

Section 8.09 Trust Indenture Act. In the event that Citibank, N.A. or any of its Affiliates shall be or become an indenture
trustee under the Trust Indenture Act of 1939 (as amended, the “Trust Indenture Act”) in respect of any securities issued or guaranteed by the Borrower, the parties hereto acknowledge and agree that any payment or property received
in satisfaction of or in respect of any Obligation of the Borrower hereunder or under any other Loan Document by or on behalf of Citibank, N.A. in its capacity as the Administrative Agent for the benefit of any Lender under any Loan Document (other
than Citibank, N.A. or an Affiliate of Citibank, N.A.) and which is applied in accordance with the Loan Documents shall be deemed to be exempt from the requirements of Section 311 of the Trust Indenture Act pursuant to Section 311(b)(3) of
the Trust Indenture Act. 
 Section 8.10 Resignation of an Issuing Bank. If a Lender becomes, and during the period
it remains, a Defaulting Lender, and Commitments have not been fully reallocated pursuant to Section 2.06(k)), an Issuing Bank may, upon prior written notice to the Borrower and the Administrative Agent, resign as an Issuing Bank
effective at the close of business New York time on a date specified in such notice; provided, that such resignation by an Issuing Bank will have no effect on the validity or enforceability of any Letter of Credit then outstanding or on the
obligations of the Borrower or any Lender under this Agreement with respect to any such outstanding Letter of Credit or otherwise to such Issuing Bank. 
 ARTICLE IX 
 MISCELLANEOUS 

Section 9.01 Notices. 
 (a) Except in the case of notices and other communications expressly permitted to be given by telephone, all notices, demands, requests, consents and other communications provided for in this Agreement
shall be given in writing, or by any telecommunication device capable of creating a written record (including electronic mail), and addressed to the party to be notified as follows: 

(i) if to the Borrower or any other Borrower, to it at The Williams Companies, Inc., One Williams Center, Tulsa, Oklahoma
74172-0172, Attention of Treasurer (fax number (918) 573-0871); 
 (ii) if to the Administrative Agent, to
Citibank, N.A., 2 Penns Way, Suite 200, New Castle, Delaware 19720 (fax number: (302) 894-6120; email address: oploanswebadmin@citigroup.com), Attention: The Williams Companies, Inc. Account Officer, with a copy to Citicorp North America, Inc.,
2800 Post Oak Boulevard, Suite 400, Houston, Texas 77056 (fax number: (713) 481-0247), Attention: The Williams Companies, Inc. Account Officer; 

  
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 (iii) if to any Issuing Bank, to it at its address (or fax number) set forth
in its Administrative Questionnaire; and 
 (iv) if to any other Lender Party, to it at its address (or fax
number) set forth in its Administrative Questionnaire. 
 or at such other address as shall be notified in writing (x) in
the case of the Borrower and the Administrative Agent, to the other parties and (y) in the case of all other parties, to the Borrower and the Administrative Agent. 

(b) All notices, demands, requests, consents and other communications described in clause (a) shall be effective
(i) if delivered by hand, including any overnight courier service, upon personal delivery, (ii) if delivered by mail, when deposited in the mails, (iii) if delivered by posting to an Approved Electronic Platform, an Internet website
or a similar telecommunication device requiring that a user have prior access to such Approved Electronic Platform, website or other device (to the extent permitted by Section 9.02 to be delivered thereunder), when such notice, demand,
request, consent and other communication shall have been made generally available on such Approved Electronic Platform, Internet website or similar device to the class of Person being notified (regardless of whether any such Person must accomplish,
and whether or not any such Person shall have accomplished, any action prior to obtaining access to such items, including registration, disclosure of contact information, compliance with a standard user agreement or undertaking a duty of
confidentiality) and such Person has been notified in respect of such posting that a communication has been posted to the Approved Electronic Platform and (iv) if delivered by electronic mail or any other telecommunications device, when
transmitted to an electronic mail address (or by another means of electronic delivery) as provided in clause (a); provided, however, that notices and communications to the Administrative Agent pursuant to Article II or Article
VIII) shall not be effective until received by the Administrative Agent. 
 (c) Notwithstanding clauses
(a) and (b) (unless the Administrative Agent requests that the provisions of clause (a) and (b) be followed) and any other provision in this Agreement or any other Loan Document providing for the delivery of any Approved
Electronic Communication by any other means, the Borrower shall deliver all Approved Electronic Communications to the Administrative Agent by properly transmitting such Approved Electronic Communications in an electronic/soft medium in a format
acceptable to the Administrative Agent to oploanswebadmin@citigroup.com or such other electronic mail address (or similar means of electronic delivery) as the Administrative Agent may notify to the Borrower. Nothing in this clause (c) shall
prejudice the right of the Administrative Agent or any Lender Party to deliver any Approved Electronic Communication to the Borrower in any manner authorized in this Agreement or to request that the Borrower effect delivery in such manner.

 Section 9.02 Posting of Approved Electronic Communications. 

(a) Each of the Lender Parties and the Borrower agree that the Administrative Agent may, but shall not be obligated to,
make the Approved Electronic Communications available to the Lender Parties by posting such Approved Electronic Communications on IntraLinksTM or a substantially similar electronic platform chosen by the Administrative Agent to be its electronic
transmission system (the “Approved Electronic Platform”). 

  
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 (b) Although the Approved Electronic Platform and its primary web portal are
secured with generally-applicable security procedures and policies implemented or modified by the Administrative Agent from time to time (including, as of the Closing Date, a dual firewall and a User ID/Password Authorization System) and the
Approved Electronic Platform is secured through a single-user-per-deal authorization method whereby each user may access the Approved Electronic Platform only on a deal-by-deal basis, each of the Lender Parties and the Borrower acknowledges and
agrees that the distribution of material through an electronic medium is not necessarily secure and that there are confidentiality and other risks associated with such distribution. In consideration for the convenience and other benefits afforded by
such distribution and for the other consideration provided hereunder, the receipt and sufficiency of which are hereby acknowledged, each of the Lender Parties and the Borrower hereby approves distribution of the Approved Electronic Communications
through the Approved Electronic Platform and understands and assumes the risks of such distribution. 
 (c)
THE APPROVED ELECTRONIC PLATFORM AND THE APPROVED ELECTRONIC COMMUNICATIONS ARE PROVIDED “AS IS” AND “AS AVAILABLE”. NONE OF THE ADMINISTRATIVE AGENT NOR ANY OTHER MEMBER OF THE AGENT’S GROUP WARRANT THE ACCURACY,
ADEQUACY OR COMPLETENESS OF THE APPROVED ELECTRONIC COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM AND EACH EXPRESSLY DISCLAIMS ANY LIABILITY FOR ERRORS OR OMISSIONS IN THE APPROVED ELECTRONIC COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM.
NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE
BY THE AGENT PARTIES IN CONNECTION WITH THE APPROVED ELECTRONIC COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM. 
 (d) Each of the Lender Parties and the Borrower agree that the Administrative Agent may, but (except as may be required by applicable law) shall not be obligated to, store the Approved Electronic
Communications on the Approved Electronic Platform in accordance with the Administrative Agent’s generally-applicable document retention procedures and policies. 
 Section 9.03 Waivers; Amendments. 
 (a) No failure or
delay by the Administrative Agent, any Issuing Bank or any Lender in exercising any right or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance
of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the Administrative Agent, the Issuing Banks and the Lenders hereunder are cumulative
and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any 

  
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departure by the Borrower therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective
only in the specific instance and for the purpose for which given. Without limiting the generality of the foregoing, the making of a Loan or issuance of a Letter of Credit shall not be construed as a waiver of any Default, regardless of whether the
Administrative Agent, any Lender or any Issuing Bank may have had notice or knowledge of such Default at the time. 
 (b) 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 the Borrower and the Required Lenders or by
the Borrower and the Administrative Agent with the consent of the Required Lenders; provided that no such agreement shall (i) increase or extend the Commitment of any Lender without the written consent of such Lender, (ii) reduce
the principal amount of any Loan or LC Disbursement or reduce the rate of interest thereon, or reduce any fees payable hereunder, without the written consent of each Lender affected thereby, (iii) postpone the scheduled date of payment of the
principal amount of any Loan or LC Disbursement, or any interest thereon, or any fees payable hereunder, or reduce the amount of, waive or excuse any such payment, or postpone the scheduled date of expiration of any Commitment, without the written
consent of each Lender affected thereby, (iv) change any provision in a manner that would alter the pro rata sharing of payments required thereby, without the written consent of each Lender, or (v) change any of the provisions of this
Section or the definition of “Required Lenders” or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or make any determination or grant any consent hereunder,
without the written consent of each Lender; provided further that no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent or any Issuing Bank hereunder without the prior written consent of
the Administrative Agent or such Issuing Bank, as the case may be. Except as provided herein, during such period as a Lender is a Defaulting Lender, to the fullest extent permitted by applicable law, such Lender will not be entitled to vote in
respect of amendments and waivers hereunder and the Commitment and the outstanding Loans or other extensions of credit of such Lender hereunder will not be taken into account in determining whether the Required Lenders or all of the Lenders, as
required, have approved any such amendment or waiver (and the definition of “Required Lenders” will automatically be deemed modified accordingly for the duration of such period); provided, that any such amendment or waiver referred
to in clauses (i) through (v) or the proviso above or that would alter the terms of this proviso shall require the consent of such Defaulting Lender to the extent such Defaulting Lender is affected thereby. 

Section 9.04 Expenses; Indemnity; Damage Waiver 

(a) (i) The Borrower agrees to pay, within 30 days of receipt by the Borrower of request therefor, all reasonable
out-of-pocket costs and expenses of the Joint Lead Arrangers, the Administrative Agent and the Issuing Banks in connection with the syndication, preparation, execution, delivery, administration, modification and amendment of this Agreement, the
Letters of Credit, the Notes, or any other Loan Document and the other documents to be delivered under this Agreement, including the reasonable fees and out-of-pocket expenses of Bracewell & Giuliani, LLP, counsel for the Administrative
Agent, with respect thereto and with respect to advising the Administrative Agent as to its rights and responsibilities under this Agreement, the 

  
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Notes and any other Loan Document and the reasonable costs and expenses of the Issuing Banks in connection with any Letter of Credit, and (ii) the Borrower agrees to pay, on demand all costs
and expenses, if any (including reasonable counsel fees and out-of-pocket expenses), of the Administrative Agent, the Issuing Banks and each Lender in connection with the enforcement (after the occurrence and during the continuance of an Event of
Default and whether through negotiations (including formal workouts or restructurings), legal proceedings or otherwise) against the Borrower of any Loan Document. 

(b) The Borrower agrees, to the fullest extent permitted by law, to indemnify and hold harmless the Administrative Agent,
the Issuing Banks, the Joint Lead Arrangers, each Lender (other than any Defaulting Lender) and each Related Party of any of the foregoing Persons (the “Indemnified Parties”) from and against any and all claims, damages, losses,
liabilities, costs, penalties, fees and expenses (including reasonable fees and disbursements of counsel) of any kind or nature whatsoever for which any of them may become liable or which may be incurred by or asserted against any of the Indemnified
Parties (other than claims and related damages, losses, liabilities, costs, penalties, fees and expenses made by one Lender (or its successors or assignees) against another Lender) arising out of, related to or in connection with (i) any Loan
Document or any other document or instrument delivered in connection herewith, (ii) any violation by the Borrower or any Subsidiary thereof of any Environmental Law or any other law, rule, regulation or order, (iii) any Loan, any Letter of
Credit or the use or proposed use of the proceeds of any Loan or Letter of Credit, (iv) any of the Aggregate Commitments, (v) any transaction in which any proceeds of any Letter of Credit or Loan are applied or (vi) any investigation,
litigation or proceeding, whether or not any of the Indemnified Parties is a party thereto, related to or in connection with any of the foregoing or any Loan Document (EXPRESSLY INCLUDING ANY SUCH CLAIM, DAMAGE, LOSS, LIABILITY, COST, PENALTY,
FEE OR EXPENSE ATTRIBUTABLE TO THE ORDINARY, SOLE OR CONTRIBUTORY NEGLIGENCE OF SUCH INDEMNIFIED PARTY, BUT EXCLUDING ANY SUCH CLAIM, DAMAGE, LOSS, LIABILITY, COST, PENALTY, FEE OR EXPENSE SOUGHT TO BE RECOVERED BY ANY INDEMNIFIED PARTY TO THE
EXTENT SUCH CLAIM, DAMAGE, LOSS, LIABILITY, COST, PENALTY, FEE OR EXPENSE RESULTED FROM THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF SUCH INDEMNIFIED PARTY). IT IS THE INTENT OF THE PARTIES HERETO THAT EACH INDEMNIFIED PARTY SHALL, TO THE EXTENT
PROVIDED IN THIS SECTION 9.04(b), BE INDEMNIFIED FOR ITS OWN ORDINARY, SOLE OR CONTRIBUTORY NEGLIGENCE. 
 (c) To the extent that the Borrower fails to pay any amount required to be paid by it to the Administrative Agent or any Issuing Bank under paragraph (a) or (b) of this Section, each Lender
severally agrees to pay to the Administrative Agent or the applicable Issuing Bank, as the case may be, such Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of
such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability, cost, penalty, fee or related expense, as the case may be, was incurred by or asserted against the Administrative Agent or such Issuing
Bank in its capacity as such. 

  
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 (d) To the fullest extent permitted by applicable law, no party shall
assert, and each party hereby waives, any claim against any other party or any Indemnified Party, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result
of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof; provided, however, that the
foregoing limitation shall not be deemed to impair or affect the indemnification obligations of the Borrower under the Loan Documents. No Indemnified Party referred to in paragraph (b) above shall be liable for any damages arising from the use
by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions
contemplated hereby or thereby. 
 (e) All amounts due under this Section shall be payable not later than 30 days
after written demand therefor, such demand to be in reasonable detail setting forth the basis for and method of calculation of such amounts. 
 Section 9.05 Successors and Assigns. 
 (a)
Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that the Borrower may not assign or
otherwise transfer any of its rights or obligations hereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to
an assignee in accordance with the provisions of paragraph (b) of this Section, (ii) by way of participation in accordance with the provisions of paragraph (d) of this Section or (iii) by way of pledge or assignment of a security
interest subject to the restrictions of paragraph (f) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer
upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in paragraph (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties
of each of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 
 (b) Assignments by Lenders. Any Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its
Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions: 
 (i) Minimum Amounts. 
 (A) in the case of an assignment of
the entire remaining amount of the assigning Lender’s Commitment and the Loans at the time owing to it or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and

  
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 (B) in any case not described in paragraph (b)(i)(A) of this Section, the
aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such
assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date) shall not
be less than $5,000,000 and shall be an integral multiple of $1,000,000, unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be
unreasonably withheld or delayed). 
 (ii) Proportionate Amounts. Each partial assignment shall be made as
an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loans or the Commitment assigned. 

(iii) Required Consents. No consent shall be required for any assignment except to the extent required by paragraph
(b)(i)(B) of this Section and, in addition: 
 (A) the consent of the Borrower (such consent not to be
unreasonably withheld or delayed) shall be required unless (x) an Event of Default has occurred and is continuing at the time of such assignment or (y) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund;

 (B) the consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed) shall be
required for assignments if such assignment is to a Person that is not a Lender with a Commitment, an Affiliate of such Lender or an Approved Fund with respect to such Lender; and 

(C) the consent of the Issuing Banks (such consent not to be unreasonably withheld or delayed) shall be required for any
assignment that increases the obligation of the assignee to participate in exposure under one or more Letters of Credit (whether or not then outstanding). 
 (iv) Assignment and Assumption. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of
$3,500 (which fee may be waived by the Administrative Agent in its discretion), and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 

(v) No Assignment to Borrower. No such assignment shall be made to the Borrower or the Borrower’s Affiliates
or Subsidiaries. 
 (vi) No Assignment to Natural Persons or a Defaulting Lender. No such assignment shall
be made to a natural person or a Defaulting Lender. 
 Subject to acceptance and recording thereof by the Administrative Agent
pursuant to paragraph (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment
and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the 

  
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interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning
Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 2.15, 2.17 and 9.04 with respect to facts and circumstances
occurring prior to the effective date of such assignment. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this paragraph shall be treated for purposes of this Agreement as a sale by such
Lender of a participation in such rights and obligations in accordance with paragraph (d) of this Section. 

(c) Register. The Administrative Agent, acting solely for this purpose as an agent of the Borrower, shall maintain
at one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, the Aggregate Commitments of, and principal amounts of the Loans owing to, each Lender
pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, and the Borrower, the Administrative Agent, the Issuing Banks and the Lenders may treat each Person whose name is
recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower and any Lender Party as to its own
Commitments and amounts owing to it, at any reasonable time and from time to time upon reasonable prior notice. Upon its receipt of an executed Assignment and Acceptance, together with any Note subject to such assignment, and the payment of any
processing and registration fee, the Administrative Agent shall (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register and (iii) give prompt notice thereof to the parties thereto.

 (d) Participations. Any Lender may at any time, without the consent of, or notice to, the Borrower or
the Administrative Agent, sell participations to any Person (other than a natural person or the Borrower or the Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s rights
and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender
shall remain solely responsible to the other parties hereto for the performance of such obligations, (iii) such Lender receives the documentation required under Section 2.17(f) from such participant (it being understood that the
documentation required under Section 2.17(f) shall be delivered to the participating Lender), (iv) such Lender, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintains a register on which it enters the
name and address of each participant and the principal amounts (and stated interest) of each participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”), provided that
no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any participant or any information relating to a participant’s interest in any commitments, advances or its other
obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan or other obligation is in registered form for federal income Tax purposes or as otherwise required by
law, and (v) the Borrower, the Administrative Agent, the Lenders and the Issuing Banks shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. 

  
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 Any agreement or instrument pursuant to which a Lender sells such a
participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide
that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver described in Section 9.03(b) that affects such Participant. Subject to paragraph (e) of this Section, the Borrower
agrees that each Participant shall be entitled to the benefits of Sections 2.15, and 2.17 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section. To the
extent permitted by law, each Participant also shall be entitled to the benefits of Section 9.09 as though it were a Lender, provided such Participant agrees to be subject to Section 2.18(c) as though it were a Lender.

 (e) Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater
payment under Sections 2.15 or 2.17 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant unless the sale of the participation to such Participant is made with the
Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 2.17 unless the Borrower is notified of the participation sold to such Participant
and such Participant agrees, for the benefit of the Borrower, to comply with Section 2.17(f) as though it were a Lender. 
 (f) Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any
pledge or assignment to secure obligations to a Federal Reserve Bank or any central bank having jurisdiction over such Lender; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or
substitute any such pledgee or assignee for such Lender as a party hereto. 
 Section 9.06 Survival. All covenants,
agreements, representations and warranties made by the Borrower herein and in the certificates or other instruments delivered in connection with or pursuant to this Agreement shall be considered to have been relied upon by the other parties hereto
and shall survive the execution and delivery of this Agreement and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such other party or on its behalf, and shall continue in full force and
effect as long as the principal of or any accrued interest on any Loan or any fee or any other amount payable under this Agreement is outstanding and unpaid or any Letter of Credit is outstanding and so long as the Aggregate Commitments have not
expired or terminated. The provisions of Sections 2.15, 2.16, 2.17 and 9.04 and Article VIII shall survive and remain in full force and effect regardless of the consummation of the transactions contemplated hereby,
the repayment of the Loans, the expiration or termination of the Letters of Credit and the Aggregate Commitments or the termination of this Agreement or any provision hereof. 
 Section 9.07 Counterparts; Integration; Effectiveness. This Agreement 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 Agreement and any separate letter agreements with respect to fees payable to the Administrative Agent constitute the entire contract among the
parties relating to the subject matter 

  
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hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. This Agreement shall become effective on the Closing Date, and
thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. Delivery of an executed counterpart of a signature page of this Agreement by telecopy or pdf shall be effective as delivery
of a manually executed counterpart of this Agreement. 
 Section 9.08 Severability. Any provision of this Agreement
held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the
remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 
 Section 9.09 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender Party is hereby authorized at any time and from time to time, to the fullest extent
permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender
Party to or for the credit or the account of the Borrower against any and all of the obligations of the Borrower now or hereafter existing under this Agreement or any other Loan Document to such Lender Party, irrespective of whether or not such
obligations of the Borrower may be owed to a branch or office of such Lender Party different from the branch or office holding such deposit or obligated on such indebtedness, provided that demand has been made to the Borrower for payment of
such obligations. The rights of each Lender Party under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender Party may have. Each Lender Party agrees to notify the Borrower and the
Administrative Agent promptly after any such setoff and application, provided that the failure to give such notice shall not affect the validity of such setoff and application. 

Section 9.10 Governing Law; Jurisdiction; Consent to Service of Process. 

(a) This Agreement shall be construed in accordance with and governed by the law of the State of New York. 

(b) The Borrower hereby irrevocably and unconditionally submits, for itself and its property, to the nonexclusive
jurisdiction of the Supreme Court of the State of New York sitting in New York County and of the United States District Court of the Southern District of New York, and any appellate court from any thereof, in any action or proceeding arising out of
or relating to this Agreement, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in
such New York State or, to the extent permitted by law, in such federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the
judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that the Administrative Agent, any Issuing Bank or any Lender may otherwise have to bring any action or proceeding relating to this Agreement against
the Borrower or its respective properties in the courts of any jurisdiction. 

  
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 (c) The Borrower hereby irrevocably and unconditionally waives, to the
fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement in any court referred to in paragraph
(b) of this Section. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 

(d) Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in
Section 9.01. Nothing in this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law. 
 Section 9.11 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY
OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER
PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS
AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
 Section 9.12 Headings.
Article and Section headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement.

 Section 9.13 Confidentiality. Each of the Administrative Agent and the Lender Parties agrees to maintain the
confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Related Parties (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such
Information and instructed to keep such Information confidential) to the extent used in connection with the administration of this Agreement, (b) to the extent requested by any regulatory authority purporting to have jurisdiction over it
(including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, (d) to any other party
hereto, (e) during the existence of an Event of Default, in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the
enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in,
any of its rights or obligations under this Agreement or (ii) any actual or prospective party (or its managers, administrators, trustees, partners, directors, officers, employees, agents, advisors and other representatives) to any swap,
derivative or other similar transaction under which payments are to be made by reference to the Borrower and its respective obligations, this Agreement or payments hereunder, (iii) any rating agency, (iv) the CUSIP Service Bureau or any
similar organization or (v) any assignee in 

  
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connection with any pledges permitted by Section 9.05(f), (g) with the consent of the Borrower, or (h) to the extent such Information (x) becomes publicly available
other than as a result of a breach of this Section or (y) becomes available to the Administrative Agent, any Lender Party or any of their respective Affiliates on a nonconfidential basis from a source other than the Borrower. 

For purposes of this Section, “Information” means all information received from the Borrower or any of its
Subsidiaries relating to the Borrower or any of their respective Subsidiaries or any of their respective businesses, other than any such information that is available to the Administrative Agent or any Lender Party on a nonconfidential basis prior
to disclosure by the Borrower or any of its Subsidiaries. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised
the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 
 Section 9.14 Treatment of Information. 
 (a) Certain
of the Lenders may enter into this Agreement and take or not take action hereunder or under the other Loan Documents on the basis of information that may contain material non-public information with respect to the Borrower or its securities (such
material non-public information, “Restricting Information”). Other Lenders may enter into this Agreement and take or not take action hereunder or under the other Loan Documents on the basis of information that does not contain
Restricting Information. Each Lender Party acknowledges that United States federal and state securities laws prohibit any person from purchasing or selling securities on the basis of material, non-public information concerning such issuer of such
securities or, subject to certain limited exceptions, from communicating such information to any other Person. Neither the Administrative Agent nor any of its Related Parties nor the Borrower nor any of its Related Parties, shall, by making any
Communications (including Restricting Information) available to a Lender Party, by participating in any conversations or other interactions with a Lender Party or otherwise, make or be deemed to make any statement with regard to or otherwise warrant
that any such information or Communication does or does not contain Restricting Information (except with respect to the Borrower and its Related Parties, pursuant to Section 9.14(b)), nor shall the Administrative Agent or any of its Related
Parties nor the Borrower nor any of its Related Parties be responsible or liable in any way for any decision a Lender Party may make to limit or to not limit its access to Restricting Information. In particular, none of the Administrative Agent nor
any of its Related Parties nor the Borrower nor any of its Related Parties (i) shall have, and the Administrative Agent, on behalf of itself and each of its Related Parties, hereby disclaims, any duty to ascertain or inquire as to whether or
not a Lender Party has or has not limited its access to Restricting Information, such Lender Party’s policies or procedures regarding the safeguarding of material, nonpublic information or such Lender Party’s compliance with applicable
laws related thereto or (ii) shall have, or incur, any liability to the Borrower or Lender Party or any of their respective Related Parties arising out of or relating to the Administrative Agent or any of its Related Parties providing or not
providing Restricting Information to any Lender Party. 

  
 79 

 (b) The Borrower agrees that (i) all Communications it provides to the
Administrative Agent intended for delivery to the Lender Parties whether by posting to the Approved Electronic Platform or otherwise shall be clearly and conspicuously marked “PUBLIC” if such Communications do not contain Restricting
Information which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof, (ii) by marking Communications “PUBLIC,” the Borrower shall be deemed to have authorized the
Administrative Agent and the Lender Parties to treat such Communications as either publicly available information or not material information (although, in this latter case, such Communications may contain sensitive business information and,
therefore, remain subject to the confidentiality undertakings of Section 9.14) with respect to the Borrower or its securities for purposes of United States federal and state securities laws, (iii) all Communications marked
“PUBLIC” may be delivered to all Lender Parties and may be made available through a portion of the Approved Electronic Platform designated “Public Side Information,” and (iv) the Administrative Agent shall be entitled to
treat any Communications that are not marked “PUBLIC” as Restricting Information and may post such Communications to a portion of the Approved Electronic Platform not designated “Public Side Information.” Neither the
Administrative Agent nor any of its Affiliates shall be responsible for any statement or other designation by the Borrower regarding whether a Communication contains or does not contain material non-public information with respect to the Borrower or
its securities nor shall the Administrative Agent or any of its Affiliates incur any liability to the Borrower, any Lender Party or any other Person for any action taken by the Administrative Agent or any of its Affiliates based upon such statement
or designation, including any action as a result of which Restricting Information is provided to a Lender Party that may decide not to take access to Restricting Information. Nothing in this Section 9.14 shall modify or limit a Lender
Party’s obligations under Section 9.13 with regard to Communications and the maintenance of the confidentiality of or other treatment of Information. 

(c) Each Lender Party acknowledges that circumstances may arise that require it to refer to Communications that might
contain Restricting Information. Accordingly, each Lender Party agrees that it will nominate at least one designee to receive Communications (including Restricting Information) on its behalf and identify such designee (including such designee’s
contact information) on such Lender Party’s Administrative Questionnaire. Each Lender Party agrees to notify the Administrative Agent from time to time of such Lender Party’s designee’s e-mail address to which notice of the
availability of Restricting Information may be sent by electronic transmission. 
 (d) Each Lender Party
acknowledges that Communications delivered hereunder and under the other Loan Documents may contain Restricting Information and that such Communications are available to all Lender Parties generally. Each Lender Party that elects not to take access
to Restricting Information does so voluntarily and, by such election, acknowledges and agrees that the Administrative Agent and other Lender Parties may have access to Restricting Information that is not available to such electing Lender Party. None
of the Administrative Agent nor any Lender Party with access to Restricting Information shall have any duty to disclose such Restricting Information to such electing Lender Party or to use such Restricting Information on behalf of such electing
Lender Party, and shall not be liable for the failure to so disclose or use, such Restricting Information. 

  
 80 

 (e) The provisions of the foregoing clauses of this Section 9.14
are designed to assist the Administrative Agent, the Lender Parties and the Borrower, in complying with their respective contractual obligations and applicable law in circumstances where certain Lender Parties express a desire not to receive
Restricting Information notwithstanding that certain Communications hereunder or under the other Loan Documents or other information provided to the Lender Parties hereunder or thereunder may contain Restricting Information. Neither the
Administrative Agent nor any of its Related Parties warrants or makes any other statement with respect to the adequacy of such provisions to achieve such purpose nor does the Administrative Agent or any of its Related Parties warrant or make any
other statement to the effect that the Borrower’s or Lender Party’s adherence to such provisions will be sufficient to ensure compliance by the Borrower or Lender Party with its contractual obligations or its duties under applicable law in
respect of Restricting Information and each of the Lender Parties and the Borrower assumes the risks associated therewith. 

Section 9.15 Interest Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the interest rate
applicable to any Loan, together with all fees, charges and other amounts which are treated as interest on such Loan under applicable law (collectively the “Charges”), shall exceed the maximum lawful rate (the “Maximum
Rate”) which may be contracted for, charged, taken, received or reserved by the Lender holding such Loan in accordance with applicable law, the rate of interest payable in respect of such Loan hereunder, together with all Charges payable in
respect thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges that would have been payable in respect of such Loan but were not payable as a result of the operation of this Section shall be cumulated and
the interest and Charges payable to such Lender in respect of other Loans or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated amount, together (to the extent lawful) with interest thereon at the Federal Funds
Effective Rate to the date of repayment, shall have been received by such Lender. 
 Section 9.16 No Waiver;
Remedies. No failure on the part of any Lender Party or the Administrative Agent to exercise, and no delay in exercising, any right under this Agreement or any other Loan Document shall operate as a waiver thereof, nor shall any single or
partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right. The remedies provided in this Agreement are cumulative and not exclusive of any remedies provided by law. 

Section 9.17 USA Patriot Act Notice. Each Lender Party and Administrative Agent (for itself and not on behalf of any Lender)
hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2003)) (the “Act”), it is required to obtain, verify and record information that
identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender Party or the Administrative Agent, as applicable, to identify the Borrower in accordance with the Act. The
Borrower shall, following a request by the Administrative Agent or any Lender Party, provide all documentation and other information that the Administrative Agent or such Lender Party reasonably requests in order to comply with its ongoing
obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Act. 

  
 81 

 Section 9.18 No Advisory or Fiduciary Responsibility. In connection with all
aspects of each transaction contemplated hereby, the Borrower acknowledges and agrees, and acknowledges its Affiliates’ understanding, that: (a) the credit facility provided for hereunder and any related arranging or other services in
connection therewith (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document) are an arm’s-length commercial transaction between the Borrower, on the one hand, and the Administrative Agent
and the Lenders, on the other hand, and the Borrower is capable of evaluating and understanding and understands and accepts the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents (including any
amendment, waiver or other modification hereof or thereof); (b) in connection with the process leading to such transaction, the Administrative Agent and the Lenders are and have been acting solely as principals and are not the financial
advisors, agents or fiduciaries, for the Borrower or any of its Affiliates, stockholders, creditors or employees or any other Person; (c) the Administrative Agent and the Lenders have not assumed or will assume an advisory, agency or fiduciary
responsibility in favor of the Borrower with respect to any of the transactions contemplated hereby or the process leading thereto, including with respect to any amendment, waiver or other modification hereof or of any other Loan Document
(irrespective of whether the Administrative Agent or any Lender advised or is currently advising the Borrower or any of their respective Affiliates on other matters) and the Administrative Agent and the Lenders have no obligation to the Borrower or
any of their respective Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; (d) the Administrative Agent, the Lenders and their respective
Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower and their respective Affiliates, and the Administrative Agent and the Lenders have no obligation to disclose any of such
interests by virtue of any advisory, agency or fiduciary relationship; and (e) the Administrative Agent and the Lenders have not provided and will not provide any legal, accounting, regulatory or Tax advice with respect to any of the
transactions contemplated hereby (including any amendment, waiver or other modification hereof or of any other Loan Document) and the Borrower has consulted its own legal, accounting, regulatory and Tax advisors to the extent it has deemed
appropriate. The Borrower hereby waives and releases, to the fullest extent permitted by law, any claims that it may have against the Administrative Agent or the Lenders with respect to any breach or alleged breach of agency (other than against the
Administrative Agent acting in its administrative capacity) or fiduciary duty; provided, however that it being understood and agreed that the use of the term “agent” herein or in any other Loan Documents (or any other similar term)
with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is
intended to create or reflect only an administrative relationship between contracting parties. 
 Section 9.19 GP
Buy-in. Notwithstanding any term or provision herein or in any other Loan Document, the parties hereto agree that any GP Buy-in and any transaction related thereto is expressly permitted under this Agreement and each other Loan Document without
any further action, waiver, consent or agreement by the Administrative Agent, the Arrangers, any other agent or any Lender from time to time party hereto. 
 Section 9.20 Amendment and Restatement. This Agreement represents an amendment and restatement of the Existing Credit Agreement. Any indebtedness under the Existing Credit Agreement continues,
without duplication, under this Agreement, and the execution of this Agreement does not indicate a payment, satisfaction, novation or discharge thereof. 

  
 82 

 [Signature Pages to Follow] 

  
 83 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by
their respective authorized officers as of the day and year first above written. 
  

			
	THE WILLIAMS COMPANIES, INC.
		
	By:	 	   /s/ Peter S.
Burgess

 
			
	Name:	 	Peter S. Burgess
	Title:	 	Treasurer

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	CITIBANK, N.A.,
	Individually and as Administrative Agent and as an Issuing Bank
		
	By:	 	  /s/ Andrew Sidford

			
	Name:	 	Andrew Sidford
	Title:	 	Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	BARCLAYS BANK PLC,
	Individually and as an Issuing Bank
		
	By:	 	  /s/ Ann E. Sutton

			
	Name:	 	Ann E. Sutton
	Title:	 	Director

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	JPMORGAN CHASE BANK, N.A.,
	Individually and as an Issuing Bank
		
	By:	 	  /s/ Muhammad Hasan

			
	Name:	 	Muhammad Hasan
	Title:	 	Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	BANK OF AMERICA, N.A.,
		
	By:	 	  /s/ Alia Qaddumi

			
	Name:	 	Alia Qaddumi
	Title:	 	Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	 CREDIT AGRICOLE CORPORATE AND
 INVESTMENT BANK, individually and as an Issuing Bank

		
	By:	 	  /s/ Darrell Stanley

			
	Name:	 	Darrell Stanley
	Title:	 	Managing Director

 
			
		
	By:	 	  /s/ Michael D.
Willis

 
			
	Name:	 	Michael D. Willis
	Title:	 	Managing Director

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	THE BANK OF NOVA SCOTIA
		
	By:	 	  /s/ Mark Sparrow

			
	Name:	 	Mark Sparrow
	Title:	 	Director

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	THE ROYAL BANK OF SCOTLAND PLC
		
	By:	 	  /s/ Steve Ray

			
	Name:	 	Steve Ray
	Title:	 	Director

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	UBS LOAN FINANCE LLC
		
	By:	 	  /s/ Joselin Fernades

			
	Name:	 	Joselin Fernades
	Title:	 	Associate Director, Banking Products Services, US

			
		
	By:	 	  /s/ Lana Gifas

			
	Name:	 	Lana Gifas
	Title:	 	Director, Banking Products Services, US

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	WELLS FARGO BANK, N.A.
		
	By:	 	  /s/ Mark Cox

			
	Name:	 	Mark Cox
	Title:	 	Managing Director

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	CREDIT SUISSE AG, Cayman Islands Branch
		
	By:	 	  /s/ Vipul Dhadda

			
	Name:	 	Vipul Dhadda
	Title:	 	Authorized Signatory

 
			
		
	By:	 	  /s/ Michael Spaight

			
	Name:	 	Michael Spaight
	Title:	 	Authorized Signatory

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	DEUTSCHE BANK AG NEW YORK BRANCH
		
	By:	 	  /s/ Philippe
Sandmeier

 
			
	Name:	 	Philippe Sandmeier
	Title:	 	Managing Director

 
			
		
	By:	 	  /s/ Virginia Cosenza

			
	Name:	 	Virginia Cosenza
	Title:	 	Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	GOLDMAN SACHS BANK USA
		
	By:	 	  /s/ Mark Walton

			
	Name:	 	Mark Walton
	Title:	 	Authorized Signatory

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	MORGAN STANLEY BANK, N.A.
		
	By:	 	  /s/ Michael King

			
	Name:	 	Michael King
	Title:	 	Authorized Signatory

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	ROYAL BANK OF CANADA
		
	By:	 	  /s/ Mark Lumpkin,
Jr.

 
			
	Name:	 	Mark Lumpkin, Jr.
	Title:	 	Authorized Signatory

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	COMPASS BANK
		
	By:	 	  /s/ Kathleen J.
Bowen

 
			
	Name:	 	Kathleen J. Bowen
	Title:	 	Senior Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	DNB BANK ASA, GRAND CAYMAN BRANCH
		
	By:	 	  /s/ Cathleen Buckley

			
	Name:	 	Cathleen Buckley
	Title:	 	Senior Vice President

 
			
		
	By:	 	  /s/ Anders Platou

			
	Name:	 	Anders Platou
	Title:	 	Senior Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	Mizuho Bank, Ltd.
	Individually and as an Issuing Bank
		
	By:	 	  /s/ Leon Mo

			
	Name:	 	Leon Mo
	Title:	 	Authorized Signatory

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	SUMITOMO MITSUI BANKING CORPORATION
		
	By:	 	  /s/ James D.
Weinstein

 
			
	Name:	 	James D. Weinstein
	Title:	 	Managing Director

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	TORONTO DOMINION (NEW YORK) LLC
		
	By:	 	  /s/ Masood Fikree

			
	Name:	 	Masood Fikree
	Title:	 	Authorized Signatory

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.
		
	By:	 	  /s/ Sherwin
Brandford

 
			
	Name:	 	Sherwin Brandford
	Title:	 	Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	  /s/ John Prigge

			
	Name:	 	John Prigge
	Title:	 	Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	JEFFERIES GROUP LLC
		
	By:	 	  /s/ John Stacconi

			
	Name:	 	John Stacconi
	Title:	 	Global Treasurer

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	BOKF, N.A. 
		
	By:	 	  /s/ Jessica Johnson

			
	Name:	 	Jessica Johnson
	Title:	 	Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 
			
	RAYMOND JAMES BANK, N.A.
		
	By:	 	  /s/ Frank Reyes

			
	Name:	 	Frank Reyes
	Title:	 	Vice President

  
 Signature
Page to First Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 Execution Version 

SCHEDULE 2.01 
 Commitments/Letter of Credit Commitments 
  

									
	Lender	  	Commitment	 	  	Letter of Credit
Commitment	 
			
	 Citibank, N.A.
	  	 	$100,000,000	  	  	 	$100,000,000	  
			
	 Barclays Bank PLC
	  	 	$100,000,000	  	  	 	$100,000,000	  
			
	 JPMorgan Chase Bank, N.A.
	  	 	$100,000,000	  	  	 	$100,000,000	  
			
	 Bank of America, N.A.
	  	 	$100,000,000	  	  	 	$100,000,000	  
			
	 Credit Agricole Corporate and Investment Bank
	  	 	$88,000,000	  	  	 	$100,000,000	  
			
	 The Bank of Nova Scotia
	  	 	$88,000,000	  	  	 	$100,000,000	  
			
	 The Royal Bank of Scotland plc
	  	 	$88,000,000	  	  	 	$100,000,000	  
			
	 UBS Loan Finance LLC
	  	 	$88,000,000	  	  			
			
	 Wells Fargo Bank, N.A.
	  	 	$88,000,000	  	  			
			
	 Credit Suisse AG
	  	 	$75,000,000	  	  			
			
	 Deutsche Bank AG New York Branch
	  	 	$75,000,000	  	  			
			
	 Goldman Sachs Bank USA
	  	 	$75,000,000	  	  			
			
	 Morgan Stanley Bank, N.A.
	  	 	$75,000,000	  	  			
			
	 Royal Bank of Canada
	  	 	$75,000,000	  	  			
			
	 Compass Bank
	  	 	$35,000,000	  	  			
			
	 DnB Bank ASA, Grand Cayman Branch
	  	 	$35,000,000	  	  			
			
	 Mizuho Bank, Ltd.
	  	 	$35,000,000	  	  			
			
	 Sumitomo Mitsui Banking Corp.
	  	 	$35,000,000	  	  			
			
	 TD Securities (USA) LLC
	  	 	$35,000,000	  	  			
			
	 The Bank of Tokyo-Mitsubishi UFJ
	  	 	$35,000,000	  	  			
			
	 U.S. Bank National Association
	  	 	$35,000,000	  	  			
			
	 Jefferies Group LLC
	  	 	$15,000,000	  	  			
			
	 BOKF, N.A. dba Bank of Oklahoma
	  	 	$15,000,000	  	  			
			
	 Raymond James Bank, N.A.
	  	 	$10,000,000	  	  			
			
	 TOTAL
	  	 	$1,500,000,000	  	  	 	$700,000,000	  

 SCHEDULE 2.06 
 Existing Letters of Credit 
  
 None. 

  
 Schedule
2.06 to the Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 SCHEDULE 6.05 
 Restrictive Agreements 
  
 None. 

  
 Schedule
6.05 to the Amended & Restated Credit Agreement 
 The Williams Companies, Inc. 

 Execution Version 

EXHIBIT A 

FORM OF 

ASSIGNMENT AND ACCEPTANCE 
 Reference is made to the First Amended & Restated Credit Agreement dated as of July 31, 2013 (as amended and in effect on the date hereof, the “Credit Agreement”), among The
Williams Companies, Inc., the Lenders named therein and Citibank, N.A., as Administrative Agent for the Lenders. Terms defined in the Credit Agreement are used herein with the same meanings. 

The Assignor named herein hereby sells and assigns, without recourse, to the Assignee named herein, and the Assignee hereby purchases and
assumes, without recourse, from the Assignor, effective as of the Assignment Date set forth herein the interests set forth herein (the “Assigned Interest”) in the Assignor’s rights and obligations under the Credit Agreement,
including, without limitation, the interests set forth herein in the Commitment of the Assignor on the Assignment Date and Loans owing to the Assignor which are outstanding on the Assignment Date, together with the participations in Letters of
Credit and LC Disbursements held by the Assignor on the Assignment Date, but excluding accrued interest and fees to and excluding the Assignment Date. The Assignee hereby acknowledges receipt of a copy of the Credit Agreement. From and after the
Assignment Date (i) the Assignee shall be a party to and be bound by the provisions of the Credit Agreement and, to the extent of the Assigned Interest, have the rights and obligations of a Lender thereunder and (ii) the Assignor shall, to
the extent of the Assigned Interest, relinquish its rights and be released from its obligations under the Credit Agreement. 

This Assignment and Acceptance is being delivered to the Administrative Agent together with (i) if the Assignee is a Foreign Lender,
any documentation required to be delivered by the Assignee pursuant to Section 2.17(f) of the Credit Agreement, duly completed and executed by the Assignee, and (ii) if the Assignee is not already a Lender under the Credit
Agreement, an Administrative Questionnaire in the form supplied by the Administrative Agent, duly completed by the Assignee. The [Assignee/Assignor] shall pay the fee payable to the Administrative Agent pursuant to Section 9.05(b) of the
Credit Agreement. 
 This Assignment and Acceptance shall be governed by and construed in accordance with the laws of the State
of New York. 
 Date of Assignment: 

Legal Name of Assignor: 
 Legal Name of
Assignee: 
 Assignee’s Address for Notices: 
 Effective Date of Assignment (“Assignment Date”): 
  

									
	Facility	  	Principal Amount Assigned	 	  	Percentage Assigned of
Facility/Commitment (set 
forth, to at
least 8 decimals, as a percentage of
the Facility and the aggregate
Commitments of all Lenders
thereunder)	 
	
Commitment Assigned:
	  	$	 	  	  	 	%	  
	 Loans:
	  	 	 	 	  	 	 	 

 Notwithstanding any term or provision herein or in any other agreement, instrument or document between the
parties to this Assignment and Acceptance evidencing or governing the transfer of the Assigned Interest from the Assignor to the Assignee (including any defined terms or section headings therein), the parties to this Assignment and Assumption intend
that the transaction providing for transfer of the Assigned Interest from the Assignor to the Assignee be a sale by the Assignor and a purchase by the Assignee of the Assigned Interest, and not an assignment by the Assignor and an assumption by the
Assignee of the Assigned Interest. 
 The terms set forth above are hereby agreed to: 

 

			
	 [Name of Assignor], as Assignor

		
	 By:
	 	  

		 	Name:
		 	Title:
	
	 [Name of Assignee], as Assignee

		
	 By:
	 	  

		 	Name:
		 	Title:

  
 2 

 The undersigned hereby consent to the within assignment: 

 

									
	The Williams Companies, Inc.	 		 	 Citibank, N.A.,

as Administrative Agent

					
	By:	 	  
	 		 	By:	 	  

		 	Name:	 		 		 	Name:
		 	Title:	 		 		 	Title:
			
	 Citibank, N.A.,
 as
Issuing Bank
	 		 	 Barclays Bank PLC,
 as Issuing Bank

					
	By:	 	  
	 		 	By:	 	  

		 	Name:	 		 		 	Name:
		 	Title:	 		 		 	Title:
			
	 JPMorgan Chase Bank, N.A.,
 as Issuing Bank
	 		 	 Bank of America, N.A.,
 as Issuing Bank

					
	By:	 	  
	 		 	By:	 	  

		 	Name:	 		 		 	Name:
		 	Title:	 		 		 	Title:
			
	 Credit Agricole Corporate and Investment Bank,
 as Issuing Bank
	 		 	 The Royal Bank of Scotland plc,
 as Issuing Bank

					
	By:	 	  
	 		 	By:	 	  

		 	Name:	 		 		 	Name:
		 	Title:	 		 		 	Title:
				
	 The Bank of Nova Scotia,
 as Issuing Bank
	 		 		 	
					
	By:	 	  
	 		 		 	
		 	Name:	 		 		 	
		 	Title:	 		 		 	

  
 3 

 EXHIBIT B 
 FORM OF BORROWING REQUEST 
 Dated
                     
 Citibank,
N.A., 
   as Administrative Agent 
 2 Penns Way, Suite 200 
 New Castle, Delaware 19720 

Ladies and Gentlemen: 
 This
Borrowing Request is delivered to you by The Williams Companies, Inc. (the “Borrower”) under Section 2.03 of the First Amended & Restated Credit Agreement dated as of July 31, 2013 (as restated, amended,
modified, supplemented and in effect, the “Credit Agreement”), by and among the Borrower, the Lenders party thereto, and Citibank, N.A., as Administrative Agent. 

1. The Borrower hereby requests that the Lenders make a Loan or Loans in the aggregate principal amount of
$                 (the “Loan” or the “Loans”).1 
 2. The Borrower hereby requests that the Loan or Loans be made on the following Business Day:2 
 3. The Borrower hereby requests that the Loan or Loans be of the Type and have the Interest Period set forth below: 
  

							
	 Type of
 Loan
	  	Principal
Component of
Loan	  	Interest
Period
(if 
applicable)	  	Maturity Date
for
Interest Period
(if applicable)
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	

 4. The Borrower hereby requests that the funds from the Loan or Loans be disbursed to the following bank
account:                 . 
 5. After
giving effect to any requested Loan, the sum of the Credit Exposures outstanding as of the date hereof (including the requested Loans) does not exceed the maximum amount permitted to be outstanding pursuant to the terms of the Credit Agreement.

 6. All of the conditions applicable to the Loans requested herein as set forth in the Credit Agreement will be satisfied on
the date of such Loans. 
  

	1 	Complete with an amount in accordance with Section 2.03 of the Credit Agreement. 

	2 	Complete with a Business Day in accordance with Section 2.03 of the Credit Agreement. 

  
 1 

 7. All capitalized undefined terms used herein have the meanings assigned thereto in the
Credit Agreement. 
 IN WITNESS WHEREOF, the undersigned have executed this Borrowing Request this
         day of                     ,         .

  

			
	THE WILLIAMS COMPANIES, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 2 

 EXHIBIT C 
 FORM OF 
 INTEREST ELECTION REQUEST 

Dated                     

 Citibank, N.A., 
   as
Administrative Agent 
 2 Penns Way, Suite 200 
 New Castle, Delaware 19720 
 Ladies and Gentlemen: 

This irrevocable Interest Election Request (the “Interest Election Request”) is delivered to you under
Section 2.08 of the First Amended & Restated Credit Agreement dated as of July 31, 2013 (as restated, amended, modified, supplemented and in effect from time to time, the “Credit Agreement”), by and among
The Williams Companies, Inc. (the “Borrower”), the Lenders party thereto (the “Lenders”), and Citibank, N.A., as Administrative Agent (the “Administrative Agent”). 

1. This Interest Election Request is submitted for the purpose of: 

(a) [Converting] [Continuing] a
                     Loan [into] [as] a
                     Loan.1 
 (b) The aggregate outstanding principal balance of such Loan is $                    .

 (c) The last day of the current Interest Period for such Loan is
                    .2 
 (d) The principal amount of such Loan to be [converted] [continued] is
$                    .3 
 (e) The requested effective date of the [conversion] [continuation] of such Loan is
                    .4 
 (f) The requested Interest Period applicable to the [converted] [continued] Loan is
                    .5 
 2. With respect to a Borrowing to be converted to or continued as a Eurodollar Borrowing, no Event of Default exists, and none will exist upon the conversion or continuation of the Borrowing requested
herein. 
 3. All capitalized undefined terms used herein have the meanings assigned thereto in the Credit Agreement. 

IN WITNESS WHEREOF, the undersigned has executed this Interest Election Request this
         day of                     ,         .

  

			
	THE WILLIAMS COMPANIES, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
  

	1 	Delete the bracketed language and insert “ABR” or “Eurodollar”, as applicable, in each blank. 

	2 	Insert applicable date for any Eurodollar Loan being converted or continued. 

	3 	Complete with an amount in compliance with Section 2.08 of the Credit agreement. 

	4 	Complete with a Business Day in compliance with Section 2.08 of the Credit Agreement. 

	5 	Complete for each Eurodollar Loan in compliance with the definition of the term “Interest Period” specified in Section 1.01. 

  
 1 

 EXHIBIT D 
 FORM OF COMPLIANCE CERTIFICATE 
 The undersigned hereby certifies that he
is the                      of The Williams Companies, Inc. (the “Borrower”), and that as such he is authorized to execute
this certificate on behalf of the Borrower. With reference to the First Amended & Restated Credit Agreement dated as of July 31, 2013 (as restated, amended, modified, supplemented and in effect from time to time, the
“Agreement”), among the Borrower, Citibank, N.A., as Administrative Agent (the “Agent”), for the lenders (the “Lenders”), which are or become a party thereto, and such Lenders, the undersigned
represents and warrants as follows (each capitalized term used herein having the same meaning given to it in the Agreement unless otherwise specified); 
 (a) [There currently does not exist any Default under the Agreement.] [Attached hereto is a schedule specifying the details of [a] certain Default[s] which exist under the Agreement and the action taken
or proposed to be taken with respect thereto.] 
 (b) Attached hereto are the detailed computations necessary to determine
whether the Borrower is in compliance with Section 6.07 of the Agreement as of the end of the [fiscal quarter][fiscal year] ending
                .1 
 EXECUTED AND DELIVERED this
         day of                     ,
20        . 
  

			
	THE WILLIAMS COMPANIES, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
  

	1 	Note that the detailed computations will need to specify the distributions from the General Partner, the MLP, etc. 

  
 1 

 EXHIBIT E 
 FORM OF [AMENDED AND RESTATED] NOTE 
  

			
	$                    	  	                    , 20
        

 THE WILLIAMS COMPANIES, INC., a Delaware corporation (the “Borrower”), for value
received, promises and agrees to pay to                      (the “Lender”), or order, at the payment office of CITIBANK,
N.A., as Administrative Agent, at 2 Penns Way, Suite 200, New Castle, Delaware 19720, the principal sum of                      AND NO/100
DOLLARS ($                    ), or such lesser amount as shall equal the aggregate unpaid principal amount of the Loans owed to the Lender
under the Credit Agreement, as hereafter defined, in lawful money of the United States of America and in immediately available funds, on the dates and in the principal amounts provided in the Credit Agreement, and to pay interest on the unpaid
principal amount as provided in the Credit Agreement for such Loans, at such office, in like money and funds, for the period commencing on the date of each such Loan until such Loan shall be paid in full, at the rates per annum and on the dates
provided in the Credit Agreement. 
 This [Amended and Restated] Note (the “Note”) evidences the Loans owed to
the Lender under that certain First Amended & Restated Credit Agreement dated as of July 31, 2013, by and among the Borrower, Citibank, N.A., individually, as Administrative Agent (the “Administrative Agent”) and
Issuing Bank, and the other financial institutions parties thereto (including the Lender) (such First Amended & Restated Credit Agreement, together with all amendments or supplements thereto, being the “Credit Agreement”),
and shall be governed by the Credit Agreement. Capitalized terms used in this Note and not defined in this Note, but which are defined in the Credit Agreement, have the respective meanings herein as are assigned to them in the Credit Agreement.

 The Lender is hereby authorized by the Borrower to endorse on Schedule A (or a continuation thereof) attached to this
Note, the Type of each Loan owed to the Lender, the amount and date of each payment or prepayment of principal of each such Loan received by the Lender and the Interest Periods and interest rates applicable to each Loan, provided that any
failure by the Lender to make any such endorsement shall not affect the obligations of the Borrower under the Credit Agreement or under this Note in respect of such Loans. 
 This Note may be held by the Lender for the account of its applicable lending office and, except as otherwise provided in the Credit Agreement, may be transferred from one lending office of the Lender to
another lending office of the Lender from time to time as the Lender may determine. 
 Except only for any notices which are
specifically required by the Credit Agreement, the Borrower and any and all co-makers, endorsers, guarantors and sureties severally waive notice (including but not limited to notice of intent to accelerate and notice of acceleration, notice of
protest and notice of dishonor), demand, presentment for payment, protest, diligence in collecting and the filing of suit for the purpose of fixing liability, and consent that the time of payment hereof may be extended and re-extended from time to
time without notice to any of them. Each such person agrees that its liability on or with respect to this Note shall not be affected by any release of or change in any guaranty or security at any time existing or by any failure to perfect or
maintain perfection of any lien against or security interest in any such security or the partial or complete unenforceability of any guaranty or other surety obligation, in each case in whole or in part, with or without notice and before or after
maturity. 

  
 1 

 The Credit Agreement provides for the acceleration of the maturity of this Note upon the
occurrence of certain events and for prepayment of Loans upon the terms and conditions specified therein. Reference is made to the Credit Agreement for all other pertinent purposes. 

This Note is issued pursuant to and is entitled to the benefits of the Credit Agreement. 

THIS NOTE SHALL BE CONSTRUED IN
ACCORDANCE WITH AND BE GOVERNED BY THE LAW OF THE STATE OF
NEW YORK AND THE UNITED STATES OF AMERICA FROM TIME TO TIME
IN EFFECT. 
 This Note and the other Loan Documents represent the final agreement among the
parties and may not be contradicted by evidence of prior, contemporaneous, or subsequent oral agreements of the parties. There are no unwritten oral agreements among the parties. 

[This Note amends and restates that certain Note dated as of
[                    ] made by the Borrower in favor of Payee in the original principal amount of
$[                    ] (the “Existing Note”) and constitutes a replacement and substitute for the Existing Note. The
indebtedness evidenced by the Existing Note is, without duplication, a continuing indebtedness and nothing herein shall be deemed to constitute a payment, settlement or novation of the Existing Note.] 

[Remainder of page intentionally left blank] 

  
 2 

 
			
	THE WILLIAMS COMPANIES, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 [Signature Page to Note] 

 SCHEDULE A 
 TO 
 [AMENDED AND RESTATED] NOTE 

This [Amended and Restated] Note evidences the Loans owed to the Lender under the Credit Agreement, in the principal amount set forth below and the
applicable Interest Periods and rates for each such Loan, subject to the payments of principal set forth below: 
 SCHEDULE

 OF 

LOANS AND PAYMENTS OF PRINCIPAL AND INTEREST 
  

															
	Date	 	 Interest
 Period
	 	Rate	 	Principal
Amount
of Loan	 	Amount
of
Principal
Paid or
Prepaid	 	 Interest
 Paid
	 	 Balance
 of
 Loans
	 	 Notation
 Made
 by

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

		 		 		 		 		 		 		 	
	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  
	 	  

 EXHIBIT F-1 
 FORM OF 
 U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain First Amended & Restated Credit Agreement dated as of July 31, 2013 (as the same may be
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Williams Companies, Inc., a Delaware corporation (the “Borrower”), Citibank, N.A. and the other financial
institutions named herein or in Assignment and Assumption Agreements, in their capacities as Lenders, and Citibank, N.A., in its capacity as Agent. Capitalized terms used but not defined herein shall have the meanings given to such terms in the
Credit Agreement. 
 Pursuant to the provisions of Section 2.17 of the Credit Agreement, the undersigned hereby
certifies that (i) it is the sole record and beneficial owner of the Loan(s) in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a
ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 

The undersigned has furnished the Agent and the Borrower with a certificate of its status as not a United States person (as defined in
section 7701(a)(30) of the Code) on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Agent,
and (2) the undersigned shall have at all times furnished the Borrower and the Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either
of the two calendar years preceding such payments. 
  

			
	[NAME OF LENDER]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:
                    , 20[        ] 

  
 1 

 EXHIBIT F-2 
 FORM OF 
 U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain First Amended & Restated Credit Agreement dated as of July 31, 2013 (as the same may be
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Williams Companies, Inc., a Delaware corporation (the “Borrower”), Citibank, N.A. and the other financial
institutions named herein or in Assignment and Assumption Agreements, in their capacities as Lenders, and Citibank, N.A., in its capacity as Agent. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Loan
Agreement. 
 Pursuant to the provisions of Section 2.17 of the Credit Agreement, the undersigned hereby certifies
that (i) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten
percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 

The undersigned has furnished its participating Lender with a certificate of its status as not a United States person (as defined in
section 7701(a)(30) of the Code) on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and
(2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar
years preceding such payments. 
  

			
	[NAME OF PARTICIPANT]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:
                    , 20[        ] 

  
 2 

 EXHIBIT F-3 
 FORM OF 
 U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain First Amended & Restated Credit Agreement dated as of July 31, 2013 (as the same may be
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Williams Companies, Inc., a Delaware corporation (the “Borrower”), Citibank, N.A. and the other financial
institutions named herein or in Assignment and Assumption Agreements, in their capacities as Lenders, and Citibank, N.A., in its capacity as Agent. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Loan
Agreement. 
 Pursuant to the provisions of Section 2.17 of the Credit Agreement, the undersigned hereby certifies
that (i) it is the sole record owner of the participation in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such participation, (iii) with respect such
participation, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of
Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect
partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption:
(i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the
undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender and (2) the undersigned shall have at all times furnished such Lender with a properly completed and
currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

 

			
	[NAME OF PARTICIPANT]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:
                    , 20[        ] 

  
 3 

 EXHIBIT F-4 
 FORM OF 
 U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain First Amended & Restated Credit Agreement dated as of July 31, 2013 (as the same may be
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Williams Companies, Inc., a Delaware corporation (the “Borrower”), Citibank, N.A. and the other financial
institutions named herein or in Assignment and Assumption Agreements, in their capacities as Lenders, and Citibank, N.A., in its capacity as Agent. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Loan
Agreement. 
 Pursuant to the provisions of Section 2.17 of the Credit Agreement, the undersigned hereby certifies
that (i) it is the sole record owner of the Loan(s) in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such Loan(s), (iii) with respect to the extension
of credit pursuant to this Credit Agreement or any other Loan Document, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its
trade or business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and
(v) none of its direct or indirect partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the Agent and the Borrower with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption:
(i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the
undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Agent
with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

 

			
	[NAME OF LENDER]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:
                    , 20[        ] 

  
 4EX-10.1

 Exhibit 10.1 
 INTEREST CONTRIBUTION AGREEMENT 
 by and among 

ADMG 191 PARTNERS LP, 
 as the Contributor, 
 ELCO LANDMARK RESIDENTIAL HOLDINGS LLC,

 as the Contributor’s Representative, 
 LANDMARK APARTMENT TRUST OF AMERICA HOLDINGS, LP, 
 as the Purchaser

 and 
 LANDMARK APARTMENT TRUST OF AMERICA, INC., 
 Relating to 

Solera Partners DE, LLC, 
 the Contributed Entity 
 July 25, 2013 

 TABLE OF CONTENTS 

 

							
	Article I. Contribution and Sale	  	 	2	  
	 1.1
	 	Contribution and Sale	  	 	2	  
	 1.2
	 	Consideration	  	 	2	  
	Article II. Closing	  	 	3	  
	 2.1
	 	Closing	  	 	3	  
	 2.2
	 	Closing Deliveries by the Contributor	  	 	3	  
	 2.3
	 	Closing Deliveries by the Contributor’s Representative	  	 	4	  
	 2.4
	 	Closing Deliveries by the Purchaser and LATA	  	 	4	  
	Article III. Representations and Warranties of the Contributors	  	 	5	  
	 3.1
	 	Organization and Authorization	  	 	5	  
	 3.2
	 	Title to Interests	  	 	5	  
	 3.3
	 	Subsidiaries and Investments	  	 	6	  
	 3.4
	 	Absence of Defaults and Conflicts	  	 	6	  
	 3.5
	 	FIRPTA	  	 	6	  
	 3.6
	 	OFAC	  	 	6	  
	 3.7
	 	No Brokers	  	 	6	  
	 3.8
	 	No Litigation	  	 	7	  
	 3.9
	 	Investment Representations	  	 	7	  
	 3.10
	 	Exculpation and Waiver of Claims	  	 	9	  
	 3.11
	 	NO TAX REPRESENTATIONS	  	 	10	  
	Article IV. Representations and Warranties of the Purchaser and LATA	  	 	10	  
	 4.1
	 	Incorporation from Master Agreement	  	 	10	  
	 4.2
	 	Valid Issuance of Securities	  	 	10	  
	 4.3
	 	Integration	  	 	11	  
	 4.4
	 	Section 704(c) Method	  	 	11	  
	Article V. Conditions Precedent	  	 	11	  
	 5.1
	 	Conditions Precedent to the Obligations of Each Party	  	 	11	  
	 5.2
	 	Conditions Precedent to the Obligations of the Contributor and the Contributor’s Representative	  	 	12	  
	 5.3
	 	Conditions Precedent to the Obligations of LATA and LATA Holdings	  	 	13	  
	Article VI. Termination	  	 	13	  
	 6.1
	 	Termination	  	 	13	  
	 6.2
	 	Effect of Termination	  	 	14	  
	Article VII. Covenants and Other Agreements	  	 	14	  
	 7.1
	 	Lock-Up	  	 	14	  
	 7.2
	 	Exclusivity	  	 	14	  
	 7.3
	 	Fulfillment of Conditions Precedent	  	 	14	  
	 7.4
	 	Admission to Partnership	  	 	14	  
	 7.5
	 	Further Assurances	  	 	14	  
	 7.6
	 	Publicity; Disclosure	  	 	14	  
	Article VIII. General Provisions	  	 	15	  
	 8.1
	 	Survival	  	 	15	  
	 8.2
	 	Notices	  	 	15	  
	 8.3
	 	Severability	  	 	16	  
	 8.4
	 	Amendment	  	 	16	  

  
 i 

							
	 8.5
	 	Parties in Interest	  	 	16	  
	 8.6
	 	Governing Law; Jurisdiction and Venue	  	 	17	  
	 8.7
	 	Waiver of Jury Trial	  	 	17	  
	 8.8
	 	Waiver	  	 	17	  
	 8.9
	 	Mutual Drafting	  	 	17	  
	 8.10
	 	Entire Agreement	  	 	18	  
	 8.11
	 	Counterparts	  	 	18	  
	 8.12
	 	Section Headings; Interpretation	  	 	18	  
	 8.13
	 	Contributor’s Representative	  	 	18	  
	 8.14
	 	Contribution to Certain Potential Liabilities Under Master Agreement	  	 	19	  
	 8.15
	 	Attorneys’ Fees	  	 	20	  

 Index of Exhibits 
  

			
	Exhibit A:	  	Form of Instrument of Assignment
		
	Exhibit B:	  	Form of Joinder to OP Agreement
		
	Exhibit C:	  	Form of Release of Claims
		
	Exhibit D:	  	Form of Liability Contribution Agreement

  
 ii 

 INTEREST CONTRIBUTION AGREEMENT 

This INTEREST CONTRIBUTION AGREEMENT (this “Agreement”), dated as of July 25, 2013, is made and entered into by and
among ADMG 191 Partners LP, a Florida limited partnership (the “Contributor”), Elco Landmark Residential Holdings LLC, a Delaware limited liability company (“EL” or the “Contributor’s
Representative”), Landmark Apartment Trust of America Holdings, LP, a Virginia limited partnership (“LATA Holdings” or the “Purchaser”) and Landmark Apartment Trust of America, Inc., a Maryland corporation
(“LATA”). The Contributor, the Contributor’s Representative, the Purchaser and LATA are referred to herein collectively as the “Parties” and individually as a “Party.” 

RECITALS 
 A. This Agreement is entered into pursuant to the Master Contribution Agreement (as amended and in effect from time to time, the “Master Agreement”), dated as of the date hereof, by and
among LATA, LATA Holdings, EL and Elco Landmark Residential Holdings II LLC, a Delaware limited liability company (“EL2”). 
 B. LATA is engaged in the business of acquiring, holding and managing apartment communities and other real estate investments. LATA has been organized and operated to qualify as a real estate investment
trust (a “REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). LATA holds all or substantially all of its properties through LATA Holdings, its operating partnership.

 C. The Contributor and HVP Landmark Investor II, LLC, a Delaware limited liability company (the “Cash
Contributor”), collectively, are the direct owners of one hundred percent (100%) of the limited liability company interests in Solera Partners DE, LLC, a Delaware limited liability company. The Contributed Entity wholly owns, directly
or indirectly, that certain multi-family property referred to as Avondale by the Lakes (f/k/a Solera Gardens) Apartments and located in St. Petersburg, Florida, as the same is more particularly described in the Master Agreement (the
“Property”), which Property is to be acquired by the Purchaser pursuant to the contribution of Interests contemplated hereby and the acquisition of Interests pursuant to the Cash Purchase Agreement (defined below). 

D. The Cash Contributor and the Contributor are party to that certain Purchase and Sale Agreement, dated as of November 29, 2012, as
amended by the First, Second and Third Amendments thereto (collectively, the “Cash Purchase Agreement”), whereby the Cash Contributor agrees to sell all of its right, title and interest, direct or indirect, in and to limited
liability company interests of the Contributed Entity (the “Interests”) to EL, in exchange for consideration consisting of cash, upon the terms and the conditions set forth in the Cash Purchase Agreement. As of the date hereof, EL
has assigned all of its right, title and interest as buyer in and to the Cash Purchase Agreement to the Purchaser, and, simultaneously with the Closing (defined below) under this Agreement, the Purchaser intends to close the transactions
contemplated by the Cash Purchase Agreement as buyer thereunder and to acquire the Interests owned by the Cash Contributor pursuant to the terms thereof. 

 E. Immediately prior to the Closing, the Cash Contributor will own 90% of the Interests and
the Contributor will own 10% of the Interests (such Interests owned by the Contributor, the “Contributed Interests”). 
 F. The Parties desire to provide for the contribution of the Contributed Interests owned by the Contributor to the Purchaser, in exchange for consideration consisting of limited partnership interests in
the Purchaser, upon the terms and subject to the conditions set forth below, such contribution to occur as part of the applicable Closing under the Master Agreement. 
 G. Appendix 1 to this Agreement contains certain definitions and cross-references to terms defined in the body of the Agreement. Capitalized terms used and not defined herein shall have the
meanings ascribed to them in the Master Agreement. 
 NOW, THEREFORE, the Parties acknowledge the adequacy of the consideration
provided to each through their respective representations, warranties, conditions, rights and promises contained in this Agreement and, intending to be legally bound, agree as provided below. 

ARTICLE I. 

CONTRIBUTION AND SALE 
 1.1 Contribution and Sale. Upon the terms and subject to the conditions set forth in this Agreement, the Purchaser hereby agrees to acquire from the Contributor, and the Contributor hereby agrees
to contribute and sell to the Purchaser, all of the Contributor’s right, title and interest in and to the Contributed Interests, free and clear of all Liens; provided, however, that the transactions contemplated hereby shall not
be consummated except in connection with the contribution and sale at the Closing of all, but not less than all, of the Interests, including those Interests to be acquired pursuant to the Cash Purchase Agreement. 

1.2 Consideration. 
 (a) Securities. At and subject to the Closing, in consideration for the Interests to be contributed by the Contributor to the Purchaser hereunder, the Purchaser shall issue and deliver to the
Contributor 67,463 limited partnership interest units in the Purchaser (“OP Units” or “Securities”). 
 (b) Closing Adjustments. To the extent that any prorations, adjustments or other amounts with respect to the Contributed Entity or the Property shall be payable by or to the Contributor at or
following the Closing in accordance with the provisions of the Master Agreement, the consideration amount set forth in Section 1.2(a) shall be adjusted accordingly by that number of OP Units equal to the quotient of (i) such proration,
adjustment or other amount divided by (ii) $8.15, rounded to the nearest whole number of OP Units. 

  
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 ARTICLE II. 
 CLOSING 
 2.1 Closing. The closing of the transactions contemplated by this
Agreement (the “Closing”) shall take place at the offices of Goulston & Storrs, a Professional Corporation, 885 
 3rd Avenue,
New York, New York 10022, or such other location as the Purchaser and the Contributor’s Representative may mutually agree, only as a part of, and simultaneously with, the satisfaction (or waiver if permitted) of (a) the conditions set
forth in Article V of this Agreement, (b) the applicable Closing under the Master Agreement with respect to the Contributed Entity and the Property, (c) the applicable Closing under the Cash Purchase Agreement with respect to the
Contributed Entity and the Property, and (d) the closing under that certain Common Stock Purchase Agreement dated on or about the date hereof by and between LATA, LATA Holdings, MB Equity Holdings, Inc., 2335887 Limited Partnership, EL and EL2
(the “Common Stock Agreement”). The date of the Closing is referred to herein as the “Closing Date.” 
 2.2 Closing Deliveries by the Contributor. At the Closing, the Contributor will deliver to the Purchaser each of the following agreements, instruments and other documents: 

(a) an instrument of assignment substantially in the form attached hereto as Exhibit A, duly executed by the Contributor in favor
of the Purchaser; 
 (b) a joinder to the OP Agreement substantially in the form attached hereto as Exhibit B (the
“Joinder”), duly executed by the Contributor; 
 (c) a release of claims with respect to the Contributed Entity
substantially in the form attached hereto as Exhibit C, duly executed by the Contributor; 
 (d) a duly completed and
executed certificate pursuant to Treasury Regulation section 1.1445-2(b)(2) certifying that the Contributor is not a “foreign person” within the meaning of Code section 1445 (each a “FIRPTA Affidavit”); 

(e) a joinder to the Registration Rights Agreement substantially in the form attached as an exhibit to the Master Agreement (the
“Registration Rights Agreement”), duly executed by the Contributor; 
 (f) to the extent, if any, required by
the Master Agreement, a Tax Protection Agreement with respect to the Contributed Entity and the Property substantially in the form attached as an exhibit to the Master Agreement (each a “Tax Protection Agreement”), duly executed by
the Contributor; 
 (g) resignations of all directors, managers and officers of the Contributed Entity and each of its
Subsidiaries, if any, effective as of the Closing, to the extent such positions are held by the Contributor or its Affiliates or any of their respective directors, managers and officers; 

(h) any and all other instruments and documents required to be delivered by such Contributor at or prior to the Closing pursuant to and in
accordance with any of the other provisions of this Agreement, and such other documents or instruments as the Purchaser or LATA may reasonably request to effect the transactions contemplated hereby. 

  
 3 

 2.3 Closing Deliveries by the Contributor’s Representative. At the Closing, the
Contributor’s Representative will deliver to Purchaser each of the following agreements, instruments and other documents (in addition to those to be delivered pursuant to the Master Agreement or any of the other Transaction Agreements):

 (a) copies of all Permits, As-Built Drawings and final certificates of occupancy (if available and in the Contributor’s
Representative’s control as of the Closing Date) for the Property; 
 (b) the original (or if not available, legible copies)
of any and all Leases, Contracts, warranties and guarantees pertaining to the Improvements that are in the Contributor’s Representative’s control as of the Closing Date; 

(c) any necessary UCC termination statements or other releases as may be required to evidence the satisfaction of any Liens on any of the
Property that are required by the terms of this Agreement or the Master Agreement to be terminated or released prior to Closing; 

(d) corporate seals, books and records, ownership ledgers and other similar records pertaining to the Contributed Entity, any of its
Subsidiaries and/or the Property that are in the Contributor’s Representative’s control as of the Closing Date; 
 (e)
resignations of all directors, managers and officers of the Contributed Entity and each of its Subsidiaries, if any, effective as of the Closing, to the extent such positions are held by the Contributor’s Representative or its Affiliates or any
of their respective directors, managers and officers; 
 (f) a duly executed counterpart of the Settlement Statement; 

(g) any affidavits or certifications as may be reasonably requested in order to issue the Survey or in order to bring forward the date of
any survey exception in the Title Commitment without issuing the Survey; 
 (h) an owner’s affidavit in a form acceptable to
the Title Company; and 
 (i) any and all other instruments and documents required to be delivered by the Contributor’s
Representative at or prior to the Closing pursuant to and in accordance with any of the other provisions of this Agreement, and such other documents or instruments as the Purchaser or LATA may reasonably request to effect the transactions
contemplated hereby. 
 2.4 Closing Deliveries by the Purchaser and LATA. At the Closing, the Purchaser and LATA will
deliver to the Contributor each of the following agreements, instruments and other documents (in addition to those to be delivered pursuant to the Master Agreement or any of the other Transaction Agreements): 

(a) certificates evidencing the approval of the issuance of the OP Units to be issued by the Purchaser to the Contributors to receive
Securities hereunder registered in the name of each such Contributor; 
 (b) a duly executed counterpart of each Joinder, if any;

  
 4 

 (c) a duly executed counterpart of the Settlement Statement; 

(d) a duly executed counterpart of the Registration Rights Agreement; 

(e) a duly executed counterpart of each Tax Protection Agreement, if any; 

(f) any and all other instruments and documents required to be delivered by the Purchaser or LATA at or prior to the Closing pursuant to
and in accordance with any of the other provisions of this Agreement, and such other documents or instruments as the Contributor’s Representative may reasonably request to effect the transactions contemplated hereby. 

ARTICLE III. 

REPRESENTATIONS AND WARRANTIES OF THE CONTRIBUTORS 
 The Contributor hereby represents and warrants to the Purchaser and LATA as follows: 
 3.1 Organization and Authorization. The Contributor is an entity duly organized, validly existing and in good standing in the state of its organization and is duly qualified to do business as a
foreign entity in each jurisdiction where the failure to so qualify would materially adversely affect the Contributor’s ability to conduct business in the Ordinary Course. The Contributor has all requisite power and authority to own, lease and
operate the Property and to carry on its business as presently conducted. The Contributor has all requisite entity power and authority to execute, deliver and perform its obligations under this Agreement and any other agreement, certificate,
instrument or writing delivered by the Contributor in connection with this Agreement or the transactions contemplated hereby (collectively, including this Agreement, the “Contribution Documents”). The Contributor has taken all
necessary action to authorize the execution, delivery and performance of this Agreement and any other Contribution Documents. Upon the execution and delivery of any Contribution Document to be executed and delivered by the Contributor, such
Contribution Document shall constitute the valid and binding obligation of the Contributor, enforceable against the Contributor in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization,
moratorium or similar laws of general application affecting the rights and remedies of creditors and general principles of equity. The person or persons executing and delivering this Agreement or any other Contribution Document on behalf of the
Contributor is and shall have been prior to the Closing Date, duly authorized to execute and deliver such documents on behalf of the Contributor. The Contributor has made available to the Purchaser true and complete copies of the Organizational
Documents of the Contributor, as amended and as in effect on the date of this Agreement. The Contributor is not in default under or in violation of any provision of its Organizational Documents. 

3.2 Title to Interests. The Contributor owns the Contributed Interests free from all Liens. Except for this Agreement and the
other Contribution Documents and the transactions contemplated hereby and thereby, there are no agreements, arrangements, options, warrants, calls, rights (including preemptive rights) or commitments of any character to which the Contributor is a
party relating to the sale, purchase or redemption of any of the Contributed Interests. Upon delivery to the Purchaser on the Closing Date of the Contributed Interests as contemplated by this Agreement, the Contributor will thereby transfer to the
Purchaser good and marketable title to such Contributed Interests, free and clear of all Liens. 

  
 5 

 3.3 Subsidiaries and Investments. Except as listed on Schedule 3.3 attached
hereto, the Contributed Entity has no Subsidiaries, nor does it have any investment in any Person. Schedule 3.3 indicates the ownership of all of the issued and outstanding ownership interests of all Subsidiaries of the Contributed Entity.
Each Subsidiary of the Contributed Entity (a) has been duly organized and is validly existing as a partnership or a limited liability company in good standing under the laws of the jurisdiction of its organization, (b) has partnership or
limited liability company power and authority, as applicable, to own, lease and operate its properties and to conduct its business as presently conducted and (c) is duly qualified as a foreign partnership or limited liability company, as the
case may be, to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except in the case of this clause
(c) where the failure so to qualify or to be in good standing would not result in an Portfolio Material Adverse Effect; all of the issued and outstanding equity interests or capital stock, respectively, of each such Subsidiary has been duly
authorized and validly issued, is fully paid and non-assessable and is owned by the Contributed Entity, directly or through a Subsidiary, free and clear of any security interest, mortgage, pledge, lien,
encumbrance, claim or equity; none of the outstanding equity interests or shares of capital stock, respectively, of any Subsidiary was issued in violation of the preemptive or similar rights of any securityholder of such Subsidiary. 

3.4 Absence of Defaults and Conflicts. With respect to the Contributor, neither the execution and delivery of this Agreement or
any other Contribution Document by such Contributor, nor the consummation of any of the transactions contemplated hereby or thereby, nor compliance with or fulfillment of the terms, conditions and provisions hereof or thereof will (i) conflict
with, result in a breach of the terms, conditions or provisions of, or constitute a default, an event of default or an event creating rights of acceleration, termination or cancellation or a loss of rights under, or result in the creation or
imposition of any Lien upon the Contributed Interests, under (A) any Organizational Documents of the Contributor if such Contributor is an entity, (B) any contract to which the Contributor is a party, or (C) any Laws applicable to the
Contributor; or (ii) require the approval, consent, authorization or act of, or the making by the Contributor of any declaration, filing or registration with, any Person. 
 3.5 FIRPTA. The Contributor is not a “foreign person” within the meaning of Code Section 1445(f)(3), and the Contributor shall certify to that effect and certify its taxpayer
identification number at Closing pursuant to Code Section 1445(b)(2). 
 3.6 OFAC. The Contributor and, to the
knowledge of the Contributor, any trustee, officer, agent, employee, Affiliate or Person acting on behalf of the Contributor or any of its Affiliates is not currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control
of the U.S. Treasury Department. 
 3.7 No Brokers. None of the Contributor nor any of its Affiliates has or will have
any obligation to pay any brokerage fees or commissions, finder’s fee, advisory fees or other similar fees related to the execution of this Agreement, any of the other Contribution Documents or the consummation of any of the transactions
contemplated hereby or thereby. 

  
 6 

 3.8 No Litigation. No Proceeding or Order is pending against or affecting the
Contributor or any of its Affiliates (and, to the knowledge of the Contributor, no such Proceeding or Order has been threatened in writing) (a) under any bankruptcy or insolvency Law, (b) that seeks or could be reasonably likely to seek
injunctive or other relief in connection with this Agreement, any of the other Contribution Documents or the transactions contemplated hereby or thereby or (c) that reasonably could be expected to adversely affect (i) the performance by
the Contributor under this Agreement or any other Contribution Document or (ii) the consummation of any of the transactions contemplated hereby or thereby. 
 3.9 Investment Representations. 
 (a) The Contributor is a sophisticated
investor with such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Securities. The Contributor has the financial wherewithal to bear, and is willing to accept,
the economic risk of losing its entire investment in the Securities. 
 (b) The Contributor acknowledges that it has
(i) received, read, and fully understands the Investor Package, (ii) been provided with a reasonable opportunity to ask questions of, and receive answers and other responsive information from, knowledgeable representatives of the
Purchaser, LATA and the Contributor’s Representative concerning the terms and conditions of the Securities being offered and sold pursuant to this Agreement and the Investor Package, the terms and conditions of the transactions contemplated by
the Master Agreement and each of the other agreements included in the Investor Package, and the business, affairs, strategy, financial condition and properties of LATA and the Purchaser, both historically and after giving effect to the transactions
contemplated by this Agreement and the Master Agreement and each of the other agreements included in the Investor Package, and (iv) obtained such additional materials and information requested by either the Contributor or its own
representatives, including its own professional financial, legal and tax advisers, as it and its advisers have deemed necessary or advisable in order to verify the accuracy of the information contained in the Investor Package and the other
information and materials provided to it by representatives of the Purchaser, LATA and the Contributor’s Representative. 

(c) The Contributor acknowledges that it is basing its decision to invest in the Securities on the Investor Package and its own
investigation of the information contained therein or otherwise obtained by the Contributor, and that it has not relied upon any representations made by any other Person. The Contributor recognizes that an investment in the Securities involves
substantial risk and the Contributor is fully cognizant of and understands all of the risk factors related to such Securities. 

(d) The Contributor acknowledges that the offer and sale of the Securities has not been accompanied by the publication of any public
advertisement or by any form of general solicitation or general advertising (as those terms are used in Rule 502(c) under the Securities Act). 
 (e) The Contributor is an “accredited investor” as defined in Rule 501(a) of Regulation D promulgated under the Securities Act. 

  
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 (f) The Contributor is receiving the Securities for the Contributor’s own account and
for investment purposes only and has no present intention, agreement, or arrangement for the distribution, transfer, assignment, resale, or subdivision of such Securities in violation of applicable securities laws. The Contributor agrees that it
will not distribute, sell, transfer or enter into any contract to distribute, sell or transfer any of the Securities for a period of at least six (6) months after the date on which it receives the Securities. The Contributor understands that
(i) the LATA Organizational Documents, the OP Agreement, and the Registration Rights Agreement contain additional restrictions as to the transferability of the Securities, (ii) that no active trading market exists for the Securities (or
the shares of LATA Common Stock issuable upon conversion of the OP Units) and (iii) the Contributor’s investment in the Securities (and the shares of LATA Common Stock issuable upon conversion of the OP Units) will be highly illiquid and
may have to be held indefinitely. 
 (g) The Contributor is fully aware that the Securities have not been registered with the SEC
in reliance on the exemptions specified in Regulation D under the Securities Act, which reliance is based in part upon the Contributor’s representations set forth herein. The Contributor understands that the Securities have not been registered
under applicable state securities laws and are being offered and sold pursuant to the exemptions specified in said laws, and unless they are registered, they may not be re-offered for sale or resold except in a transaction or as a security exempt
under those laws. 
 (h) The Contributor understands that none of the Purchaser, LATA or their owners, officers, employees,
directors, general partners, Affiliates or advisors represent or otherwise act on behalf of such Contributor in any way in connection with the purchase of the Securities. The Contributor also understands that legal counsel to the Purchaser, LATA and
their Affiliates does not represent, and shall not be deemed under the applicable codes of professional responsibility to have represented or to be representing, the Contributor. 

(i) THE CONTRIBUTOR UNDERSTANDS THAT THE SECURITIES ISSUABLE TO THE CONTRIBUTOR PURSUANT TO THIS AGREEMENT HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATES AND ARE BEING OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF SAID ACT AND SUCH LAWS. THE SECURITIES ARE SUBJECT TO RESTRICTIONS ON
TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER SAID ACT AND SUCH LAWS PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. THE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE U.S. SECURITIES AND
EXCHANGE COMMISSION, ANY STATE SECURITIES COMMISSION, OR OTHER REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON OR ENDORSED THE MERITS OF AN INVESTMENT IN THE SECURITIES OR THE ACCURACY OR ADEQUACY OF THE INVESTOR PACKAGE.
THE CONTRIBUTOR UNDERSTANDS THAT ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL. 
 (j) The Contributor further represents and
warrants to LATA and Purchaser that the Contributor (i) has a minimum annual gross income of $70,000 and a net worth (excluding home, furnishings and automobiles) of not less than $70,000, or (ii) has a net worth (excluding home,
furnishings and automobiles) of not less than $250,000, or (iii) satisfies such other standards as may be established by any applicable state. 

  
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 (k) Legends. The Contributor understands that any certificates evidencing the
Securities and any securities issued in respect of or exchange for the Securities may bear one or all of the following legends: 
  

	 	(i)	“THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND HAVE BEEN ACQUIRED FOR INVESTMENT AND
NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH TRANSFER MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN EXEMPTION THEREFROM.” 

 

	 	(ii)	Any legend set forth in, or required by, the other Transaction Agreements. 

 

	 	(iii)	Any legend set forth in, or required by, the OP Agreement or the LATA Organizational Documents. 

 

	 	(iv)	Any legend required by the securities laws of any state to the extent such laws are applicable to the securities represented by the certificate so legended.

 3.10 Exculpation and Waiver of Claims. 

(a) Notwithstanding the information contained in the Investor Package and the other information and materials provided to or otherwise
obtained by the Contributor as described in Section 3.8, the Contributor understands and acknowledges that LATA, the Purchaser, the Contributor’s Representative and their respective affiliates, officers, directors, partners, members,
employees and agents may be in possession of additional material non-public information about LATA’s and the Purchaser’s operations, prospects and strategic plans that has not been disclosed to the Contributor or to its representatives.
Therefore, the Contributor understands that (i) any information in its possession regarding LATA and the Purchaser: (A) may be incomplete in whole or in part, (B) has been provided to it by LATA and the Purchaser without any
representation or warranty by them (other than as expressly set forth in this Agreement), including without limitation, any representation or warranty that such information (1) is true, correct, accurate or complete, or (2) does not omit
any fact necessary to make any such information not misleading and (3) does not contain any omissions or misstatements that an investor would consider material in making a decision as to whether to invest in the Securities or enter in this
Agreement and (ii) as a result of the foregoing, it may not have adequate information concerning the business and financial condition of LATA and the Purchaser to make an informed decision regarding an investment in the Securities. 

  
 9 

 (b) The Contributor hereby irrevocably agrees that it will not directly or indirectly
institute, join any Person in instituting or take any action to directly or indirectly institute, any legal or other proceeding against LATA, the Purchaser or any of their affiliates, officers, directors, partners, members, employees or agents for
any reason relating to, or seeking damages or remedies (whether legal or equitable) with respect to this Agreement, an investment in the Securities or any of the information that LATA, the Purchaser or any of their affiliates, officers, directors,
partners, members, employees, agents or representatives has provided or omitted to provide to the Contributor in connection with the this Agreement or otherwise, other than in the case of any representation or warranty by LATA or the Purchaser
expressly set forth in this Agreement. 
 (c) The Contributor acknowledges that it is not relying upon representations and
warranties of any Person, other than representations and warranties of the Purchaser and LATA contained herein and in the other Transaction Documents, in making its investment or decision to invest in the Securities. The Contributor agrees that
neither the Contributor’s Representative nor any of the Contributor’s or the Contributor’s Representatives respective controlling Persons, officers, directors, partners, agents, or employees shall be liable to the Contributor for any
action heretofore taken or omitted to be taken by any of them in connection with the transactions contemplated hereby. 
 3.11
NO TAX REPRESENTATIONS. EXCEPT FOR THE EXPRESS REPRESENTATIONS AND WARRANTIES OF THE PURCHASER AND LATA SET FORTH IN ARTICLE IV, THE CONTRIBUTOR REPRESENTS AND WARRANTS THAT IT IS NOT RELYING UPON ANY ADVICE OR ANY INFORMATION OR MATERIAL
FURNISHED BY THE PURCHASER OR LATA OR ANY OF THEIR RESPECTIVE REPRESENTATIVES, WHETHER ORAL OR WRITTEN, EXPRESSED OR IMPLIED, OF ANY NATURE WHATSOEVER, REGARDING ANY TAX MATTERS, INCLUDING, WITHOUT LIMITATION, TAX CONSEQUENCES TO CONTRIBUTOR FROM
THE TRANSACTION CONTEMPLATED HEREIN OR ANY TRANSACTION GOVERNED BY THE TRANSACTION DOCUMENTS. 
 ARTICLE IV. 

REPRESENTATIONS AND WARRANTIES OF THE PURCHASER AND LATA 
 The Purchaser and LATA, jointly and severally, hereby represent and warrant to the Contributor that the statements contained in this Article IV are true and correct, except as set forth herein in the
Specified SEC Reports or in the schedules delivered by the Purchaser and LATA that are attached to the Master Agreement. 
 4.1
Incorporation from Master Agreement. The representations and warranties of the Purchaser and LATA set forth in Article VI of the Master Agreement are hereby incorporated herein by reference. 

4.2 Valid Issuance of Securities. The Securities, when issued, sold and delivered in accordance with the terms and for the
consideration set forth in this Agreement, will be validly issued, fully paid and nonassessable and free of all Liens and restrictions on transfer other than restrictions on transfer under the LATA Organizational Documents, the OP Agreement and the
Registration Rights Agreement, applicable state and federal securities laws and Liens created by or imposed by the Contributor. Assuming the accuracy of the representations of the Contributor 

  
 10 

 
in Article III of this Agreement, the Securities will be issued in compliance with all applicable federal and state securities laws. The shares of LATA Common Stock issuable upon
conversion of the OP Units pursuant to the OP Agreement have been duly reserved for issuance, and upon issuance in accordance with the terms of the OP Agreement, will be validly issued, fully paid and nonassessable and free of Liens and restrictions
on transfer other than restrictions on transfer under the LATA Organizational Documents, and the Registration Rights Agreement, applicable federal and state securities laws and Liens created by or imposed by the Contributor. Assuming the accuracy of
the representations of the Contributor in Article III of this Agreement, the shares of LATA Common Stock issuable upon conversion of the OP Units will be issued in compliance with all applicable federal and state securities laws. The
Securities do, and the shares of LATA Common Stock issuable upon conversion of the OP Units will upon issuance thereof, conform in all material respects to all statements relating thereto contained in the SEC Reports and such description does and
will conform in all material respects to the rights set forth in the instruments defining the same. Any certificates representing the OP Units or the shares of LATA Common Stock are, or will be upon issuance thereof, in due and proper form. No
holder of OP Units (except to the extent set forth in Section 50-73-24 of the Virginia Uniform Limited Partnership Act) or of shares of LATA Common Stock will be subject to personal liability by reason of being such a holder. The issuance of
the OP Units and the shares of LATA Common Stock is not subject to any statutory or contractual preemptive rights, resale rights, rights of first refusal or other similar rights of any securityholder of LATA or the Purchaser. 

4.3 Integration. None of LATA, the Purchaser or any of their Affiliates has, directly or indirectly, (a) sold, offered for
sale, solicited offers to buy or otherwise negotiated in respect of, any security (as defined in the Securities Act) which is or will be integrated with the sale of the OP Units (or shares of LATA Common Stock issuable upon conversion thereof) or
the Shares in a manner that would require the registration of such securities under the Securities Act or (b) offered, solicited offers to buy or sold the OP Units (or shares of LATA Common Stock issuable upon conversion thereof) or the Shares
by any form of general solicitation or general advertising (as those terms are used in Rule 502(c) under the Securities Act) or in any manner involving a public offering within the meaning of Section 4(2) of the Securities Act. 

4.4 Section 704(c) Method. The Partnership shall report allocations of income, gain, loss and deduction (as computed for
tax purposes) with respect to the Contribution so as to take account of the Section 704(c) built-in gain of such properties under Code Section 704(c) or the principles set forth in Treasury Regulations section 1.704-3(a), as the case may
be, using the traditional method (as specifically provided in Treasury Regulations section 1.704-3(b)). 
 ARTICLE V. 

CONDITIONS PRECEDENT 
 5.1 Conditions Precedent to the Obligations of Each Party. The obligations of each Party to consummate the transactions contemplated hereby at the Closing shall be subject to the satisfaction or
waiver (where permissible), at or prior to the Closing, of the following conditions: 
 (a) No Order. No Governmental
Authority with jurisdiction over such matters shall have enacted, issued, promulgated, enforced or entered any Law (whether temporary, preliminary or permanent) which is then in effect and has the effect of making the transactions contemplated
hereby at the Closing illegal or otherwise restricting, preventing or prohibiting consummation of such transactions. 

  
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 (b) Simultaneous Closing under Master Agreement. The Master Agreement shall be in
full force and effect and shall not have been terminated for any reason. The consummation of the transactions contemplated by the Master Agreement to be consummated at the applicable closing thereunder with respect to the Contributed Entity shall
have occurred simultaneously with the Closing hereunder. 
 (c) Simultaneous Closing under Cash Purchase Agreement. The
Cash Purchase Agreement shall be in full force and effect and shall not have been terminated for any reason. The rights, title and interest in and to the “Buyer” under the Cash Purchase Agreement shall have been assigned to LATA Holdings
and the consummation of the transactions contemplated by the Cash Purchase Agreement to be consummated at the applicable closing thereunder with respect to the Interests to be purchased and sold thereunder shall have occurred simultaneously with the
Closing hereunder. 
 (d) Simultaneous Closing under the Common Stock Agreement. The Common Stock Agreement shall be in
full force and effect and shall not have been terminated for any reason. The consummation of the transactions contemplated by the Common Stock Agreement to be consummated at the applicable closing thereunder shall have occurred simultaneously with
the Closing hereunder. 
 5.2 Conditions Precedent to the Obligations of the Contributor and the Contributor’s
Representative. The obligations of the Contributor and the Contributor’s Representative to consummate the transactions contemplated hereby at the Closing shall be subject to the satisfaction or waiver (where permissible), at or prior to the
Closing, of the following additional conditions: 
 (a) Representations and Warranties. The representations and warranties
of the Purchaser and LATA in this Agreement that (i) are not made as of a specific date shall be true and correct as of the date hereof and as of the Closing, as though made on and as of the Closing, and (ii) are made as of a specific date
shall be true and correct as of such date, in each case except where the failure of such representations or warranties to be true and correct (without giving effect to any limitation as to “materiality” or “Material Adverse
Effect” set forth in such representations and warranties) does not or would not have or would not be reasonably likely to have, individually or in the aggregate, a Material Adverse Effect. 

(b) Agreements and Covenants. The Purchaser and LATA shall have performed, in all material respects, all obligations to be
performed by them, and complied with, in all material respects, their agreements and covenants to be performed or complied with by them under this Agreement on or prior to the Closing. 

(c) Officer Certificate. LATA shall have delivered to the Contributor’s Representative for the benefit of the Contributor a
certificate, dated the Closing Date, signed by the Chief Executive Officer of LATA, for itself and as general partner of LATA Holdings, certifying as to the satisfaction of the conditions specified in Sections 5.2(a) and 5.2(b).

  
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 (d) Closing Deliveries. The Purchaser and LATA shall have delivered, or caused to be
delivered, each of the items set forth in Section 2.4. 
 5.3 Conditions Precedent to the Obligations of LATA and
LATA Holdings. The obligations of LATA and LATA Holdings to consummate the transactions contemplated hereby at the Closing shall be subject to the satisfaction or waiver (where permissible), at or prior to the Closing, of the following
additional conditions: 
 (a) Representations and Warranties. The representations and warranties of the Contributor in
this Agreement that (i) are not made as of a specific date shall be true and correct in all material respects as of the date hereof and as of the Closing, as though made on and as of the Closing, and (ii) are made as of a specific date
shall be true and correct in all material respects as of such date. 
 (b) Agreements and Covenants. The Contributor shall
have performed, in all material respects, all obligations to be performed by it, and complied with, in all material respects, their agreements and covenants to be performed or complied with by it under this Agreement on or prior to the Closing.

 (c) Officer Certificate. The Contributor shall have delivered to the Purchaser a certificate, dated the Closing Date,
signed by a duly authorized officer of the Contributor, certifying as to the satisfaction of the conditions specified in Sections 5.3(a) and
 5.3(b) as to the Contributor. 

(d) Closing Deliveries. The Contributor and the Contributor’s Representative shall have delivered, or caused to be delivered,
each of the respective items set forth in Sections 2.2 and 2.3. 
 ARTICLE VI. 

TERMINATION 
 6.1
Termination. Notwithstanding anything herein to the contrary, this Agreement shall terminate prior to the Closing: 
 (a)
automatically, without the need for further action by any Party, upon the termination of the Master Agreement; 
 (b)
automatically, without the need for further action by any Party, as expressly provided in the Master Agreement upon the occurrence of certain events specified therein; 
 (c) automatically, without the need for further action by any Party, upon the termination of the Cash Purchase Agreement; or 
 (d) automatically, without the need for further action by any Party, upon the termination of the Common Stock Agreement. 

  
 13 

 6.2 Effect of Termination. If this Agreement is terminated pursuant to
Section 6.1, no Party shall have any further obligations or liabilities hereunder, except for (a) those obligations or liabilities which expressly survive the termination of this Agreement and (b) willful and intentional
breaches of this Agreement that occurred prior to its termination; provided that the provisions of Section 7.6 (Publicity; Disclosure), Article VIII (General Provisions) and this Section 6.2 shall remain in full force
and effect and survive any termination of this Agreement. For avoidance of doubt, the provisions of this Section 6.2 shall have no effect on the rights and obligations of the parties to the Master Agreement or any of the other
Transaction Agreements. 
 ARTICLE VII. 
 COVENANTS AND OTHER AGREEMENTS 
 7.1 Lock-Up. From and after the date
hereof until the Closing or the earlier termination of this Agreement, the Contributor hereby agrees that it will not sell, transfer, pledge, dispose of, encumber or permit any Lien on, or issue or make any option, warrant, call or right of any kind
to acquire, any of its Interests, or agree or commit to any of the foregoing, in each case, except for the contribution and sale to the Purchaser at the Closing as contemplated hereby. 

7.2 Exclusivity. From and after the date hereof until the Closing or the earlier termination of this Agreement, the Contributor
hereby agrees that neither it nor anyone acting at its direction will make any offers to, commence or continue any negotiations with, or enter into any written agreement with any other Person relating to the sale of the Property or the Interests
(other than the Purchaser and its representatives). 
 7.3 Fulfillment of Conditions Precedent. The Parties shall use
their commercially reasonable efforts to satisfy, or to ensure the satisfaction of, each of the conditions precedent to their obligations set forth in Article V hereof. 
 7.4 Admission to Partnership. LATA, as general partner of the Purchaser, shall take all actions necessary in order to cause the Contributor receiving OP Units to be admitted as limited partner of
the Purchaser as of the Closing Date. 
 7.5 Further Assurances. Following the Closing, the Parties shall, from time to
time, at the request of the Purchaser or the Contributor’s Representative and without further cost or expense to the requesting Party, do and perform, or cause to be done and performed, all further acts and things and shall execute and deliver
all further agreements, certificates, instruments and documents as the requesting Party may reasonably request in order to carry out the intent and accomplish the purposes of this Agreement or any of the other Contribution Documents and the
consummation of the transactions contemplated hereby and thereby. 
 7.6 Publicity; Disclosure. None of LATA or its
Affiliates, on the one hand, or the Contributor, the Contributor’s Representative or their respective Affiliates, on the other hand, may issue any press release, make any filing with any Governmental Authority or make any other public
announcement relating to this Agreement, any of the other Transaction Agreements or any of the transactions contemplated hereby or thereby without the prior written approval of the Contributor’s Representative or LATA, respectively. The
foregoing shall not apply to the extent necessary or advisable in order to satisfy a Party’s or its Affiliate’s disclosure obligations 

  
 14 

 
or other obligations under applicable Law or exchange rules, as determined by LATA or by the Contributor’s Representative, in which event LATA or the Contributor’s Representative, as
the case may be, shall first consult with and reasonably consider any comments or suggestions of the other with respect thereto. 

ARTICLE VIII. 

GENERAL PROVISIONS 
 8.1 Survival. Unless otherwise set forth in this Agreement, the representations and warranties of the Parties contained in or made pursuant to this Agreement shall survive the execution and
delivery of this Agreement and the Closing and shall in no way be affected by any investigation or knowledge of the subject matter thereof made by or on behalf of any of the Parties. 

8.2 Notices. All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed
to have been duly given (a) when received if delivered personally, (b) when sent by electronic mail or facsimile (which is confirmed by the intended recipient) and (c) when sent by overnight courier service or when mailed by certified
or registered mail, return receipt requested, with postage prepaid to the parties at the following addresses (or at such other address for a party as shall be specified by like notice): 

If to EL, to: 

Elco Landmark Residential Holdings LLC 
 825 Parkway Street 
 Jupiter, Florida 33477 

Attention: Joseph Lubeck, Chief Executive Officer 
 Fax: (561) 745-8745 
 Email: jlubeck@landmarkresidential.com 

with a copy to: 

Goulston & Storrs P.C. 
 750 Third Avenue 
 New York, New York 10017 

Attention: Yaacov M. Gross, Esq. 
 Fax: (212) 878-5527 
 Email: ygross@goulstonstorrs.com 

If to LATA or LATA Holdings, to: 
 Apartment Trust of America, Inc. 
 4901 Dickens Road, Suite 101 

Richmond, Virginia 23230 
 Attention: Stanley J. Olander, Jr. 
 Fax: (804) 237-1345 

Email: jolander@atareit.com 

  
 15 

 with a copy to: 
 Morris, Manning & Martin, LLP 
 3343 Peachtree Road, N.E. 

1600 Atlanta Financial Center 
 Atlanta, Georgia 30326 
 Attention: Lauren Burnham Prevost, Esq. 

Fax: (404) 365-9532 
 Email: lprevost@mmmlaw.com 
 If to the Contributor: 

ADMG 191 Partners LP 
 c/o Elco Landmark Residential Holdings LLC 
 825 Parkway Street 

Jupiter, Florida 33477 
 Attention: Joseph Lubeck, Chief Executive Officer 
 Fax: (561) 745-8745

 Email: jlubeck@landmarkresidential.com 
 with a copy to: 
 Goulston & Storrs P.C. 

750 Third Avenue 
 New York, New York 10017 
 Attention: Yaacov M. Gross, Esq. 

Fax: (212) 878-5527 
 Email: ygross@goulstonstorrs.com 
 8.3 Severability. If any term or other
provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of law or public policy or the application of this Agreement to any Person or circumstance is invalid or incapable of being enforced by any rule of law or
public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially
adverse to any Party. To such end, the provisions of this Agreement are agreed to be severable. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good
faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest
extent possible. 
 8.4 Amendment. This Agreement may not be amended or modified in any respect other than by the written
agreement of all of the Parties (which may include the Contributor’s Representative signing as attorney-in-fact on behalf of the Contributor). 
 8.5 Parties in Interest. This Agreement shall be binding upon and inure solely to the benefit of each Party hereto, and nothing in this Agreement, express or implied, is intended to or shall confer
upon any other Person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. 

  
 16 

 8.6 Governing Law; Jurisdiction and Venue. 

(a) This Agreement shall be governed by and construed in accordance with, the laws of the State of Delaware without regard, to the fullest
extent permitted by law, to the conflicts of law provisions thereof. 
 (b) Each Party agrees that any Proceeding for any Claim
arising out of or related to this Agreement or the Transactions, whether in tort or contract or at law or in equity, shall be brought only in either the United States District Court for the District of Delaware or in a Delaware state court sitting
in New Castle County, Delaware (each, a “Chosen Court”), and each Party irrevocably (a) submits to the jurisdiction of the Chosen Courts (and of their appropriate appellate courts), (b) waives any objection to laying venue
in any such Proceeding in either Chosen Court, (c) waives any objection that such Chosen Court is an inconvenient forum for the Proceeding, and (d) agrees that, in addition to other methods of service provided by law, service of process in
any such Proceeding shall be effective if provided in accordance with Section 8.2, and the effective date of such service of process shall be as set forth in Section 8.2. 

8.7 Waiver of Jury Trial. Each of the Parties hereto hereby waives to the fullest extent permitted by applicable Law any right it
may have to a trial by jury with respect to any litigation directly or indirectly arising out of, under or in connection with this Agreement or the transactions contemplated hereby. Each of the Parties hereto (a) certifies that no
representative, agent or attorney of any other Party has represented, expressly or otherwise, that such other Party would not, in the event of litigation, seek to enforce that foregoing waiver and (b) acknowledges that it and the other Parties
hereto have been induced to enter into this Agreement and the transactions contemplated hereby, as applicable, by, among other things, the mutual waivers and certifications in this Section 8.7. 

8.8 Waiver. Except as provided in this Agreement, no action taken pursuant to this Agreement, including, without limitation, any
investigation by or on behalf of any Party, shall be deemed to constitute a waiver by the Party taking such action of compliance with any representations, warranties, covenants or agreements contained in this Agreement. The waiver by any Party
hereto of a breach of any provision hereunder shall not operate or be construed as a waiver of any prior or subsequent breach of the same or any other provision hereunder. 
 8.9 Mutual Drafting. Each Party hereto has participated in the drafting of this Agreement, which each Party acknowledges is the result of extensive negotiations between the Parties. Without
limiting the foregoing, each Party has consulted to the extent deemed appropriate by such Party with its own advisers as to the financial, tax, legal, accounting, regulatory and related matters concerning the transactions contemplated by this
Agreement and the Master Agreement and on that basis understands the financial, tax, legal, accounting, regulatory and related consequences of the transactions, and believes that entering into this Agreement is suitable and appropriate for such
Party. 

  
 17 

 8.10 Entire Agreement. This Agreement (including its exhibits, appendices and
schedules), the Master Agreement and the other documents delivered pursuant hereto and thereto constitute a complete and exclusive statement of the agreement between the Parties with respect to the subject matter hereof and thereof, and supersede
all other prior agreements, arrangements or understandings by or between the Parties, written or oral, express or implied, with respect to the subject matter hereof or thereof. 

8.11 Counterparts. This Agreement or any amendment hereto may be executed in any number of counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same instrument. 
 8.12 Section Headings;
Interpretation. 
 (a) The descriptive headings of sections and paragraphs of this Agreement are inserted for convenience
only, and do not constitute a part of this Agreement and shall not affect in any way the meaning or interpretation of this Agreement, 
 (b) When a reference is made in this Agreement to an Article, Section, Annex or Exhibit, such reference shall be to an Article, Section, Annex or Exhibit of or to this Agreement unless otherwise
indicated. Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation” unless the context otherwise requires or
unless otherwise specified. Unless the context requires otherwise, the terms “hereof,” “herein,” “hereby,” “hereto” and derivative or similar words in this Agreement refer to this entire Agreement. Unless the
context requires otherwise, words in this Agreement using the singular or plural number also include the plural or singular number, respectively, and the use of any gender herein shall be deemed to include the other genders. Except as otherwise
specifically provided herein, where any action is required to be taken on a particular day and such day is not a Business Day and, as a result, such action cannot be taken on such day, then this Agreement shall be deemed to provide that such action
shall be taken on the first Business Day after such day. 
 8.13 Contributor’s Representative. 

(a) The Contributor hereby irrevocably constitutes and appoints the Contributor’s Representative, acting singly, as its true and
lawful agent, proxy and attorney-in-fact and authorizes the Contributor’s Representative acting for the Contributor and in the Contributor’s name, place and stead, in any and all capacities to do and perform every act and thing reasonably
necessary or desirable to be done in connection with the transactions contemplated hereby, as fully to all intents and purposes as the Contributor might or could do in person, except to the extent that this Agreement specifically provides for an
action to be taken by or for, or a notice to be delivered to, the Contributor, including for the purposes of: (i) performing the duties of the Contributor’s Representative as set forth in this Agreement; (ii) accepting from the
Purchaser the payment of the Securities or any other amounts payable to the Contributor in connection therewith, and distributing to the Contributor its portion thereof; (iii) changing the time, date or place of the Closing; (iv) granting
any consent or waiver required or desired of the Contributor by the Purchaser pursuant to this Agreement; (v) representing the Contributor in connection with any dispute between the Contributor, on the one hand, and the

  
 18 

 
Purchaser and LATA, on the other hand, including disputing or settling any claim by the Purchaser; (vi) determining the presence (or absence) of claims for payment pursuant to this Agreement
or any agreement executed in connection herewith; (vii) to engage and employ agents and representatives (including accountants, legal counsel and other professionals) and to incur such other expenses as the Contributor’s Representative
reasonably deems necessary or prudent in connection herewith; and (viii) taking any action and executing and delivering any and all documents contemplated by this Agreement and any other instruments which the Contributor’s Representative
may deem necessary or advisable to accomplish the purposes of this Agreement. The Contributor hereby grants unto the Contributor’s Representative full power and authority to do and perform each and every act as is described under this
Section 8.13, as fully to all intents and purposes as the Contributor might or could do in person, hereby ratifying and confirming all that the Contributor’s Representative has lawfully done consistent herewith and may lawfully do
or cause to be done by virtue hereof. The Contributor hereby agrees by executing this Agreement that the foregoing agency, proxy and power of attorney are coupled with an interest, and are therefore irrevocable without the consent of the
Contributor’s Representative and shall survive the bankruptcy of such Person. The Contributor hereby acknowledges and agrees that upon execution of this Agreement any delivery by the Contributor’s Representative of any waiver, amendment,
agreement, opinion, certificate or other documents executed by the Contributor’s Representative in accordance with this Section 8.13 or any decisions made by the Contributor’s Representative in accordance with this
Section 8.13 shall be binding on such Person as fully as if such Person had executed and delivered such documents or made such decisions. 
 (b) The Contributor’s Representative shall not have by reason of this Agreement a fiduciary relationship in respect of the Contributor, except in respect of amounts received by Contributor’s
Representative on behalf of the Contributor. The Contributor’s Representative shall not be liable to the Contributor for any action taken or omitted by it or any agent employed by it under this Agreement or any other agreement or other document
executed in connection herewith or therewith, except that the Contributor’s Representative shall not be relieved of any liability imposed by law for bad faith or willful misconduct. The actions of the Contributor’s Representative are fully
and completely binding and the Purchaser is entitled to rely upon the provisions of this Section 8.13 and on the decisions, determinations and instructions of the Contributor’s Representative. 

(c) The Contributor will indemnify the Contributor’s Representative and hold the Contributor’s Representative harmless against
all loss, liability, or expense incurred without bad faith or willful misconduct on the part of the Contributor’s Representative and arising out of or in connection with the acceptance or administration of the Contributor’s
Representative’s duties hereunder, including the reasonable fees and expenses of any legal counsel retained by the Contributor’s Representative. The Contributor’s Representative will be entitled to the advance and reimbursement of
costs and expenses incurred in the performance of its duties hereunder. 
 8.14 Contribution to Certain Potential Liabilities
Under Master Agreement. In addition to and not in lieu of the provisions of Section 8.13, the Contributor hereby acknowledges that EL has agreed pursuant to the Master Agreement to assume or indemnify the Purchaser and LATA for
certain potential liabilities relating to the Contributed Entity or the Property, some or all of which are to borne by the Contributor. The Contributor hereby agrees to execute and deliver to EL at or prior to the Closing an agreement relating to
the Contributor’s contribution toward such liabilities, if any, substantially in the form attached hereto as Exhibit D. 

  
 19 

 8.15 Attorneys’ Fees. Should any Party employ attorneys to enforce any of the
provisions hereof against any other Party (including, without limitation, in respect of the breach by such other Party of its representations, warranties, covenants and agreements hereunder), the Party against whom any final judgment is entered
agrees to pay the prevailing Party all reasonable costs, charges, and expenses, including any attorneys’ fees and disbursements, expended or incurred in connection therewith. 

[Signature pages follow] 

  
 20 

 IN WITNESS OF THE FOREGOING, each Party executes this Interest Contribution Agreement as of
the date first written above, by the Party’s duly authorized officer. 
  

									
	 CONTRIBUTOR:
	 		 	 ADMG 191 PARTNERS LP

a Florida limited partnership

				
		 		 	By:	 	ADMG 191 GP, LLC
		 		 		 	 a Florida limited liability company
 its general partner

		 		 		 		 	/s/    Elizabeth Truong        
		 		 		 	By:	 
		 		 		 		 	Name: Elizabeth Truong
		 		 		 		 	Title: Authorized Signatory

 Signature Page to Interest Contribution Agreement 

Relating to Solera Partners DE, LLC 

							
	 CONTRIBUTOR’S

REPRESENTATIVE:
	 		 	ELCO LANDMARK RESIDENTIAL HOLDINGS LLC
				
		 		 	By:	 	 /s/ Elizabeth Truong

		 		 	Name:	 	Elizabeth Truong
		 		 	Title:	 	Authorized Signatory

 Signature Page to Interest Contribution Agreement 

Relating to Solera Partners DE, LLC 

							
	PURCHASER:	 		 	LANDMARK APARTMENT TRUST OF AMERICA HOLDINGS, LP
			
		 		 	 By:     Landmark Apartment Trust of America, Inc., its general

partner

				
		 		 	By:	 	 /s/ Stanley J. Olander

		 		 	Name:	 	Stanley J. Olander
		 		 	Title:	 	Chief Executive Officer

 Signature Page to Interest Contribution Agreement 

Relating to Solera Partners DE, LLC 

							
	LATA:	 		 	LANDMARK APARTMENT TRUST OF AMERICA, INC.,
				
		 		 	By:	 	 /s/ Stanley J. Olander

		 		 	Name:	 	Stanley J. Olander
		 		 	Title:	 	Chief Executive Officer

 Signature Page to Interest Contribution Agreement 

Relating to Solera Partners DE, LLC 

 APPENDIX 1 
 DEFINITIONS 
 “Affiliate” means, with respect to a
specified Person, each other Person that directly or indirectly Controls, is Controlled by, or is under common Control with that Person. For purposes of this Agreement, except as otherwise expressly provided, the Affiliates of EL and ELRM shall be
limited Joseph Lubeck, Elco Holdings Ltd., ADMG 191 Partners, LP, a Florida limited partnership, ADMG FairCave Partners LP, a Florida limited partnership, ADMG Partners LP, a North Carolina limited partnership, Elco LR OPT II LP, a Delaware limited
partnership, Elco LR OPT II REIT LP, a Delaware real estate investment trust, and each of their respective Controlled Affiliates. 
 “As-Built Drawings” means the final “as-built” plans and specifications for the Improvements with respect to the Property. 

“Business Day” means any day other than (a) a Saturday or a Sunday, (b) a day on which banks are required or
authorized by Law to be closed in the City of New York. 
 “Contracts” means, with respect to the Property, any
agreement, contract, obligation, promise or commitment (whether written or oral) that is legally binding on the Contributed Entity, any of its Subsidiaries or the Property. 
 “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of an
equity interest, by contract or otherwise. The terms “Controlled by” and “under common Control with” have correlative meanings. 
 “Entity” means, except for Governmental Authorities, (a) any corporation, partnership, joint venture, limited liability company, business trust or other business entity, (b) any
association, unincorporated business or other organization, (c) trust and (d) any other organization having legal status as an entity under any Law. 
 “Governmental Authority” means (a) any body exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including any
governmental agency, department, board, commission or other instrumentality, whether national, territorial, federal, state, provincial, local, supranational or other authority, (b) any organization of multiple nations, or (c) any tribunal,
court or arbitrator of competent jurisdiction. 
 “Improvements” means, with respect to the Property, all
buildings and other structures and improvements situated on the land, to the extent the same form a part of the Property. 

“Investor Package” means, collectively, (a) copies of (i) this Agreement, the Master Agreement and each of the
exhibits and schedules hereto and thereto, (ii) the Interest Contribution Agreements (or similar agreements) with respect to each of the other properties to be transferred to LATA Holdings pursuant to the transactions contemplated by the Master
Agreement, and (iii) the Common Stock Agreement, in each case, including each of the exhibits and schedules thereto, (b) copies of LATA’s Annual Report on Form 10-K for the year ended

  
 Appendix 1-1

 
December 31, 2011, its 2012 Annual Proxy Statement, and its Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with or furnished to the SEC since the filing date of
LATA’s Annual Report on Form 10-K and on or prior to the date hereof, and (c) a pro forma capitalization table as of the date hereof showing the consolidated, fully diluted equity and debt capitalization of LATA on a pro
forma basis after giving effect to each of the transactions contemplated by the Master Agreement.  
 “LATA
Common Stock” means the common stock, $0.01 par value per share, of LATA. 
 “Law” and
“Laws” mean (a) any constitution applicable to, and any statute, treaty, rule, regulation, ordinance, or requirement of any kind of, any Governmental Authority, (b) principles of common law, and (c) any Order.

 “Leases” means, with respect to the Property, collectively, all leases, rental agreements, license
agreements and occupancy agreements pursuant to which any non-commercial tenant, licensee or occupant has a possessory right or license with respect to any portion of the Real Property, together with any amendments, modifications or supplements made
thereto. 
 “Lien” means any lien, encumbrance, security interest, pledge or any other title restriction of any
kind. 
 “Material Adverse Effect” means a material adverse change in the condition, financial or otherwise, or
in the earnings, business affairs, business prospects, management, assets or properties of LATA and or its Subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business. 

“OP Agreement” means the Agreement of Limited Partnership of LATA Holdings, as amended and in effect from time to time.

 “Order” means any decree, injunction, judgment, order, ruling, writ, assessment or arbitration award of a
Governmental Authority, arbitrator or arbitral body, commission or self-regulatory organization, whether arising from a Proceeding or applicable Law. 
 “Organizational Documents” means each of the following, as applicable, as amended and supplemented: (a) the articles or certificate of incorporation and the bylaws of a corporation;
(b) the partnership agreement and any statement of partnership of a general partnership; (c) the limited partnership agreement and the certificate of limited partnership of a limited partnership; (d) the operating agreement (or
limited liability company agreement) and certificate of organization or formation of a limited liability company; and (e) any charter or similar document adopted or filed in connection with the creation, formation or organization of a Person.

 “Permits” means, with respect to the Property, all governmental permits and approvals, including licenses,
registrations and authorizations, required for the ownership and operation of the Contributed Entity or the Property at the Real Property, including without limitation, qualifications to do business, certificates of occupancy, building permits,
signage permits, site use approvals, zoning certificates, environmental and land use permits, and any and all other necessary approvals from Governmental Authorities and other approvals granted by any public body. 

  
 Appendix 1-2

 “Person” means an individual, an Entity or a Governmental Authority.

 “Proceeding” means any action, claim, audit or other inquiry, hearing, investigation, suit or other charge
or proceeding (whether civil, criminal, administrative, investigative, formal or informal) by or before any Governmental Authority or before an arbitrator or arbitral body or mediator. 

“Real Property” shall mean, with respect to the Property, collectively, the land and Improvements, together with all
easements, rights of way, privileges, licenses and appurtenances which the Contributed Entity or any of its Subsidiaries may now own or hereafter acquire with respect thereto. 
 “SEC Reports” means any and all reports, schedules, forms, statements and other documents required under applicable Laws to be filed or furnished by LATA to the U.S. Securities and
Exchange Commission, including, without limitation, proxy information and solicitation materials, in each case, in the form and with the substance prescribed by such Laws. 
 “Securities Act” means the Securities Act of 1933, as amended. 

“Settlement Statement” means the settlement statement with respect to the Property to be entered into by the Purchaser
and the Contributor’s Representative in accordance with the provisions of the Master Agreement. 
 “Transaction
Agreements” means collectively this Agreement, the Master Agreement and the other agreements contemplated to be delivered in connection herewith or therewith. 

  
 Appendix 1-3

 EXHIBIT A 
 FORM OF INSTRUMENT OF ASSIGNMENT 
 [TO BE ATTACHED] 

 EXHIBIT B 
 FORM OF JOINDER TO OP AGREEMENT 
 [TO BE ATTACHED] 

 EXHIBIT C 
 FORM OF RELEASE OF CLAIMS 
 [TO BE ATTACHED] 

  
 2 

 EXHIBIT D 
 FORM OF LIABILITY CONTRIBUTION AGREEMENT 
 [TO BE ATTACHED]

  
 3

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