Document:

a102superprioritycredita

                                                         EXECUTION VERSION                                                                                                       SUPER PRIORITY CREDIT AGREEMENT                                Dated as of May 22, 2019                                        among                              NOBILIS HEALTH CORP.,                                     as Parent,                     NORTHSTAR HEALTHCARE HOLDINGS, INC.,                                    as Holdings,                  NORTHSTAR HEALTHCARE ACQUISITIONS, L.L.C.,                                  as the Borrower,                  THE OTHER PERSONS PARTY HERETO THAT ARE                         DESIGNATED AS LOAN PARTIES,                                  BBVA COMPASS,                                as Super Priority Agent,                                          and                        the other Super Priority Lenders party hereto                 502181848 v5 1205867.00001  

 

                               TABLE OF CONTENTS   Section                                                                  Page   ARTICLE I DEFINITIONS AND INTERPRETIVE PROVISIONS ........................................... 1  1.1            DEFINED TERMS .......................................................................................... 1  1.2            RULES OF INTERPRETATION .................................................................. 18  1.3            ACCOUNTING TERMS ............................................................................... 19  1.4            ROUNDING .................................................................................................. 20  1.5            TIMES OF DAY; RATES ............................................................................. 20  1.6            [RESERVED] ................................................................................................ 20  1.7            CURRENCY EQUIVALENTS GENERALLY ............................................ 20  1.8            [RESERVED] ................................................................................................ 20  1.9            PROJECTIONS ............................................................................................. 20  ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS ...................................... 20  2.1            CREDIT EXTENSION; COMMITMENTS.................................................. 20  2.2            DISBURSEMENTS OF LOAN PROCEEDS FROM THE AGENT                 CONTROLLED ACCOUNT; REPAYMENTS TO THE AGENT                 CONTROLLED ACCOUNT ......................................................................... 21  2.3            [RESERVED] ................................................................................................ 24  2.4            [RESERVED] ................................................................................................ 24  2.5            PREPAYMENTS ...........................................................................................  24  2.6            TERMINATION OF COMMITMENTS ....................................................... 27  2.7            REPAYMENT OF LOANS ........................................................................... 27  2.8            INTEREST .....................................................................................................  27  2.9            FEES .............................................................................................................. 29  2.10           COMPUTATION OF INTEREST AND FEES ............................................ 29  2.11           EVIDENCE OF DEBT .................................................................................. 29  2.12           PAYMENTS GENERALLY; SUPER PRIORITY AGENT’S CLAWBACK                ........................................................................................................................ 29  2.13           SHARING OF PAYMENTS BY SUPER PRIORITY LENDERS ............... 31  2.14           DEFAULTING LENDERS ........................................................................... 32  ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY ........................................ 33  3.1            TAXES ...........................................................................................................  33    502181848 v5 1205867.00001           -i-     

 

  3.2            [RESERVED] ................................................................................................ 37  3.3            [RESERVED] ................................................................................................ 37  3.4            INCREASED COSTS .................................................................................... 38  3.5            [RESERVED] ................................................................................................ 39  3.6            MITIGATION OBLIGATIONS; REPLACEMENT OF SUPER PRIORITY                 LENDERS...................................................................................................... 39  3.7            SURVIVAL ................................................................................................... 40  ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS .............................. 40  4.1            CONDITIONS OF INITIAL CREDIT EXTENSIONS ................................ 40  4.2            CONDITIONS TO ALL CREDIT EXTENSIONS ....................................... 44  ARTICLE V REPRESENTATIONS AND WARRANTIES ...................................................... 45  5.1            EXISTENCE, QUALIFICATION AND POWER ........................................ 45  5.2            AUTHORIZATION; NO CONTRAVENTION ............................................ 45  5.3            GOVERNMENTAL AUTHORIZATION; OTHER CONSENTS ............... 45  5.4            BINDING EFFECT ....................................................................................... 45  5.5            FINANCIAL STATEMENTS; NO MATERIAL ADVERSE EFFECT ....... 45  5.6            LITIGATION .................................................................................................  45  5.7            NO DEFAULT............................................................................................... 46  5.8            TITLE TO PROPERTY; REAL PROPERTY MATTERS AND PERMITS 46  5.9            ENVIRONMENTAL COMPLIANCE .......................................................... 46  5.10           TAX MATTERS ............................................................................................ 46  5.11           ERISA COMPLIANCE ................................................................................. 47  5.12           OWNERSHIP OF LOAN PARTIES AND SUBSIDIARIES ....................... 47  5.13           INVESTMENT COMPANY ACT; MARGIN STOCK ................................ 47  5.14           DISCLOSURE ............................................................................................... 47  5.15           COMPLIANCE WITH LAWS ...................................................................... 47  5.16           INTELLECTUAL PROPERTY MATTERS ................................................. 47  5.17           [RESERVED] ................................................................................................ 47  5.18           CASUALTY, ETC ......................................................................................... 47  5.19           ANTI-CORRUPTION LAWS AND SANCTIONS ...................................... 47  5.20           LABOR MATTERS ...................................................................................... 47  5.21           HEALTHCARE MATTERS ......................................................................... 47  5.22           REGULATED ENTITIES ............................................................................. 48   502181848 v5 1205867.00001          -ii-       

 

  5.23           DEPOSIT ACCOUNTS AND OTHER ACCOUNTS .................................. 48  5.24           BONDING ..................................................................................................... 48  5.25           STATUS OF PARENT AND HOLDINGS ................................................... 48  5.26           BROKERS’ FEES; TRANSACTION FEES ................................................. 49  5.27           USE OF PROCEEDS .................................................................................... 49  5.28           SWAP CONTRACTS .................................................................................... 49  5.29           BENEFICIAL OWNERSHIP CERTIFICATION ......................................... 49  ARTICLE VI AFFIRMATIVE COVENANTS .......................................................................... 49  6.1            FINANCIAL STATEMENTS ....................................................................... 49  6.2            CERTIFICATES; OTHER INFORMATION ............................................... 50  6.3            NOTICES .......................................................................................................  51  6.4            PAYMENT OF TAXES AND OTHER OBLIGATIONS ............................ 51  6.5            PRESERVATION OF EXISTENCE, ETC ................................................... 51  6.6            MAINTENANCE OF PROPERTY ............................................................... 52  6.7            MAINTENANCE OF INSURANCE ............................................................ 52  6.8            COMPLIANCE WITH LAWS ...................................................................... 52  6.9            BOOKS AND RECORDS ............................................................................. 52  6.10           INSPECTION RIGHTS ................................................................................. 52  6.11           USE OF PROCEEDS .................................................................................... 52  6.12           ADDITIONAL SUBSIDIARIES AND REAL PROPERTY ........................ 52  6.13           COMPLIANCE WITH ENVIRONMENTAL LAWS .................................. 54  6.14           FURTHER ASSURANCES .......................................................................... 54  6.15           COMPLIANCE WITH ANTI-CORRUPTION LAWS AND SANCTIONS 54  6.16           COMPLIANCE WITH TERMS OF LEASEHOLDS; LANDLORD                 AGREEMENTS .............................................................................................  54  6.17           MATERIAL CONTRACTS .......................................................................... 54  6.18           CASH MANAGEMENT SYSTEMS ............................................................ 54  6.19           COMPLIANCE WITH HEALTH CARE LAWS ......................................... 55  6.20           POST-CLOSING OBLIGATIONS ............................................................... 55  6.21           SUPER PRIORITY AGENT CONSULTANT ............................................. 55  6.22           BORROWER CONSULTANT ..................................................................... 56  6.23           ENGAGEMENT OF CHIEF RESTRUCTURING OFFICER...................... 56  6.24           RETENTION OF INVESTMENT BANKER ............................................... 56   502181848 v5 1205867.00001          -iii-       

 

  6.25           ADDITIONAL COVENANTS OF LOAN PARTIES IN RESPECT OF THE                 CHIEF RESTRUCTURING OFFICER AND INVESTMENT BANKER                 ENGAGEMENTS.......................................................................................... 56  6.26           BUSINESS PLAN ......................................................................................... 56  6.27           CASH FLOW REPORTS .............................................................................. 56  6.28           APPROVED BUDGET ................................................................................. 56  6.29           RECEIVABLES COLLECTION PROCESS ................................................ 56  6.30           ACCOUNTS RECEIVABLE AGING REPORT .......................................... 56  6.31           ACCOUNTS RECEIVABLE DATA ............................................................ 57  6.32           INDEBTEDNESS UPDATES ....................................................................... 57  6.33           INTERCOMPANY PROMISSORY NOTES ............................................... 57  6.34           RELEASE OF LIENS.................................................................................... 57  6.35           LITIGATION UPDATES .............................................................................. 57  6.36           NHC NETWORK, LLC ................................................................................. 57  6.37           COMMERCIALLY REASONABLE EFFORTS TO CAUSE EXCLUDED                SUBSIDIARIES TO BECOME LOAN PARTIES ....................................... 58  6.38           PROPOSED TRANSACTIONS .................................................................... 58  6.39           ARIZONA VEIN ........................................................................................... 58  6.40           HAMILTON VEIN ........................................................................................ 58  6.41           OTHER UPDATES ....................................................................................... 58  6.42           NOTICES OF CHANGES ............................................................................. 58  6.43           CONSENT ..................................................................................................... 58  6.44           LEGAL RETAINER ACCOUNT; FINANCIAL CONSULTANT                 RETAINER ACCOUNT; EXPENSES.......................................................... 58  6.45           ADDITIONAL INFORMATION .................................................................. 59  6.46           PAYMENT OF EXPENSES PURSUANT TO THE APPROVED BUDGET                ........................................................................................................................ 59  6.47           CONTINGENCY PLANS ............................................................................. 59  6.48           TRANSACTION COVENANTS .................................................................. 60  ARTICLE VII NEGATIVE COVENANTS ................................................................................ 61  7.1            LIENS ............................................................................................................ 61  7.2            INDEBTEDNESS ..........................................................................................  62  7.3            INVESTMENTS ............................................................................................  63  7.4            FUNDAMENTAL CHANGES ..................................................................... 64   502181848 v5 1205867.00001          -iv-       

 

  7.5            DISPOSITIONS .............................................................................................  65  7.6            RESTRICTED PAYMENTS ......................................................................... 66  7.7            CHANGE IN NATURE OF BUSINESS ...................................................... 68  7.8            TRANSACTIONS WITH AFFILIATES ...................................................... 68  7.9            BURDENSOME AGREEMENTS ................................................................ 68  7.10           USE OF PROCEEDS .................................................................................... 68  7.11           FINANCIAL COVENANTS ......................................................................... 69  7.12           CAPITAL EXPENDITURES ........................................................................ 70  7.13           AMENDMENTS OF ORGANIZATION DOCUMENTS; ADDITIONAL                 SUBSIDIARIES ............................................................................................ 70  7.14           PAYMENTS AND MODIFICATIONS OF SUBORDINATED                 INDEBTEDNESS ..........................................................................................  70  7.15           HOLDING COMPANY STATUS ................................................................ 70  7.16           OFAC; PATRIOT ACT ................................................................................. 71  7.17           SALE-LEASEBACKS .................................................................................. 71  7.18           HAZARDOUS MATERIALS ....................................................................... 71  7.19           AMENDMENTS TO MATERIAL CONTRACTS....................................... 71  7.20           CHANGES IN ACCOUNTING, NAME AND JURISDICTION OF                 ORGANIZATION ......................................................................................... 71  7.21           CONTINGENT OBLIGATIONS .................................................................. 71  7.22           CHIEF RESTRUCTURING OFFICER AND INVESTMENT BANKER                 ENGAGEMENTS.......................................................................................... 72  7.23           CHANGES TO MATERIAL OPERATIONS ............................................... 72  7.24           MATERIAL AGREEMENTS; DISPOSITION OF COLLATERAL ........... 72  7.25           RETAINERS.................................................................................................. 73  7.26           ACCOUNTS .................................................................................................. 73  ARTICLE VIII DEFAULT AND REMEDIES ........................................................................... 73  8.1            EVENTS OF DEFAULT ............................................................................... 73  8.2            REMEDIES UPON EVENT OF DEFAULT ................................................ 76  8.3            APPLICATION OF FUNDS ......................................................................... 76  ARTICLE IX SUPER PRIORITY AGENT ................................................................................ 77  9.1            APPOINTMENT AND AUTHORITY ......................................................... 77  9.2            RIGHTS AS A SUPER PRIORITY LENDER ............................................. 78  9.3            EXCULPATORY PROVISIONS .................................................................. 78   502181848 v5 1205867.00001          -v-       

 

  9.4            RELIANCE BY SUPER PRIORITY AGENT .............................................. 79  9.5            DELEGATION OF DUTIES ......................................................................... 80  9.6            RESIGNATION OR REMOVAL OF SUPER PRIORITY AGENT ............ 80  9.7            NON-RELIANCE ON SUPER PRIORITY AGENT AND OTHER SUPER                 PRIORITY LENDERS .................................................................................. 81  9.8            NO OTHER DUTIES, ETC ........................................................................... 81  9.9            SUPER PRIORITY AGENT MAY FILE PROOFS OF CLAIM ................. 81  9.10           CREDIT BIDDING ....................................................................................... 82  9.11           COLLATERAL AND GUARANTY MATTERS......................................... 83  ARTICLE X MISCELLANEOUS .............................................................................................. 84  10.1           AMENDMENTS, ETC .................................................................................. 84  10.2           NOTICES; EFFECTIVENESS; ELECTRONIC COMMUNICATIONS ..... 86  10.3           NO WAIVER; CUMULATIVE REMEDIES; ENFORCEMENT ................ 88  10.4           EXPENSES; INDEMNITY; DAMAGE WAIVER ...................................... 89  10.5           PAYMENTS SET ASIDE ............................................................................. 91  10.6           SUCCESSORS AND ASSIGNS ................................................................... 91  10.7           TREATMENT OF CERTAIN INFORMATION; CONFIDENTIALITY .... 96  10.8           RIGHT OF SETOFF ...................................................................................... 97  10.9           SURVIVAL OF REPRESENTATIONS AND WARRANTIES .................. 97  10.10          INDEPENDENT EFFECT OF COVENANTS ............................................. 98  10.11          GOVERNING LAW; JURISDICTION; ETC. .............................................. 98  10.12          WAIVER OF JURY TRIAL .......................................................................... 99  10.13          COUNTERPARTS; INTEGRATION; EFFECTIVENESS; ELECTRONIC                 EXECUTION .................................................................................................  99  10.14          NO ADVISORY OR FIDUCIARY RESPONSIBILITY ............................ 100  10.15          SEVERABILITY ......................................................................................... 100  10.16          USA PATRIOT ACT ................................................................................... 100  10.17          RELEASE .................................................................................................... 101  10.18          INCONSISTENCIES WITH OTHER DOCUMENTS ............................... 101  10.19          ACKNOWLEDGEMENT AND CONSENT TO BAIL-IN OF EEA                 FINANCIAL INSTITUTIONS .................................................................... 101        502181848 v5 1205867.00001          -vi-       

 

   ANNEXES          A        Commitments and Applicable Percentages        B        Mortgage Support Documents   C             Guarantors   D             [Reserved]   E             Core Assets        F        Intercompany Promissory Notes   G             Specified Lien   H             Litigation        I       Post-Closing Loan Parties    EXHIBITS          Form of         A Loan Notice        B Promissory Note        C        Super Priority Compliance Certificate        D Assignment and Assumption        E        United States Tax Compliance Certificate                                                                                           502181848 v5 1205867.00001          -vii-       

 

                      SUPER PRIORITY CREDIT AGREEMENT          This SUPER PRIORITY CREDIT AGREEMENT (this “Agreement”) is entered   into as of May 22, 2019, by and among NORTHSTAR HEALTHCARE   ACQUISITIONS, L.L.C., a Delaware limited liability company (the “Borrower”),   NOBILIS HEALTH CORP., a British Columbia corporation (the “Parent”),   NORTHSTAR HEALTHCARE HOLDINGS, INC., a Delaware corporation   (“Holdings”), the other Persons party hereto that are designated as a “Loan Party”, each   lender from time to time party hereto (each a “Super Priority Lender” and, collectively,   the “Super Priority Lenders”) and COMPASS BANK (in its individual capacity,   “Compass Bank”) in its capacity as Super Priority Agent.          The Borrower has requested that the Super Priority Lenders provide a super  priority term loan facility, and the Super Priority Lenders have indicated their willingness   to lend on the terms and subject to the conditions set forth herein.          In consideration of the mutual covenants and agreements herein contained, the  parties hereto covenant and agree as follows:                                   ARTICLE I                DEFINITIONS AND INTERPRETIVE PROVISIONS         1.1   Defined Terms.  As used in this Agreement (including in any provisions,   terms or definitions incorporated herein by reference or otherwise from the Existing   Credit Agreement or Second Forbearance Agreement), the following terms shall have the   meanings set forth below, provided that (a) to the extent a term has the meaning set forth   in Section 1.1 of the Existing Credit Agreement (as defined below) and incorporates a   capitalized term not otherwise defined herein, such capitalized term shall have the   meaning set forth in the Existing Credit Agreement and (b) to the extent a term   incorporated herein by reference or otherwise from the Existing Credit Agreement or the   Second Forbearance Agreement has the meaning set forth in Section 1.1 of the Existing   Credit Agreement and incorporates a capitalized term that is defined herein, such   capitalized term shall have the meaning set forth herein (notwithstanding the fact that   such term is also defined in the Existing Credit Agreement):          “Acquisition” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.             “Administrative Questionnaire” means an Administrative Questionnaire in   substantially the form provided by the Super Priority Agent to the Super Priority Lenders   or any other form approved by the Super Priority Agent.          “Affiliate” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.             “Agent Controlled Account” means that certain account ending in 5038 at   Compass Bank that is in the name of the Borrower and subject to a control agreement in                                       1   502181848 v5 1205867.00001  

 

    form and substance acceptable to the Super Priority Agent (providing for immediate  control over such account).           “Agent Party” has the meaning assigned to such term in Section 10.2(d)(iii).          “Aggregate Commitments” means the Commitments of all the Super Priority   Lenders.          “Agreement” means this Super Priority Credit Agreement.          “Anti-Corruption Laws” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.             “Applicable Date” has the meaning set forth in Section 2.2(a).          “Applicable Margin” means fifteen percent (15%) per annum.          “Applicable Percentage” means with respect to any Super Priority Lender at any   time, the percentage (carried out to the ninth decimal place) of the total outstanding   Loans represented by such Super Priority Lender’s outstanding Loans at such time.  The   initial Applicable Percentage of each Super Priority Lender is set forth opposite the name   of such Super Priority Lender on Annex A or in the Assignment and Assumption   pursuant to which such Super Priority Lender becomes a party hereto, as applicable.          “Approved Budget” means the most recent Weekly Budget delivered to the Super   Priority Agent pursuant to Section 4.1(c) or Section 6.28 that has been expressly   approved by the Super Priority Agent in writing as the Approved Budget.          “Approved Fund” means any Fund that is administered or managed by (a) a Super   Priority Lender, (b) an Affiliate of a Super Priority Lender or (c) an entity or an Affiliate  of an entity that administers or manages a Super Priority Lender.         “Assets” mean any and all Equity Interests held directly or indirectly by any Loan   Party or any other assets of any Loan Party, including without limitation, personal or real   property          “Assignment and Assumption” means an assignment and assumption entered into   by a Super Priority Lender and an Eligible Assignee (with the consent of any party whose  consent is required by Section 10.6(b)), and accepted by the Super Priority Agent, in   substantially the form of Exhibit D or any other form approved by the Super Priority   Agent.          “Availability” means, as of any date of determination the amount on deposit and   available for disbursement in the Agent Controlled Account.          “Bail-In Action” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.                                           2   502181848 v5 1205867.00001  

 

           “Bankruptcy Action” has the meaning set forth in Section 6.47.          “Baseline Financial Statements” means (a) the audited annual consolidated   financial statements of Parent and its Subsidiaries for fiscal years ended December 31,   2016 and December 31, 2017, (b) the most recent interim unaudited consolidated   financial statements of Parent and its Subsidiaries prepared in accordance with GAAP   (subject to year-end adjustments and footnotes) together with a report setting forth in   comparative form the corresponding figures for the corresponding periods of the previous   fiscal year and the corresponding figures from the most recent projections for the current   fiscal year and discussing the reasons for any significant variations and (c) the most   recent business plan delivered to the Super Priority Agent.          “BBVA Compass” means Compass Bank, doing business as BBVA Compass.           “Beneficial Ownership Certification” means a certification regarding beneficial   ownership required by the Beneficial Ownership Regulation, which certification shall be   substantially similar in form and substance to the form of Certification Regarding   Beneficial Owners of Legal Entity Customers published jointly, in May 2018, by the   Loan Syndications and Trading Association and Securities Industry and Financial   Markets Association.          “Beneficial Ownership Regulation” means 31 C.F.R. § 1010.230.          “Borrower” has the meaning assigned to such term in the introductory paragraph   hereto.          “Borrower Consultant” has the meaning set forth in Section 6.22.          “Borrower Materials” has the meaning assigned to such term in Section   10.2(d)(i).          “Business Day” means any day other than a Saturday, Sunday or other day on   which commercial banks are authorized to close under the Laws of, or are in fact closed   in, New York or the state where the Super Priority Agent’s Office is located.          “Capital Expenditures” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.             “Cash Availability” means the aggregate amount of all cash and Cash Equivalents   held in the Loan Parties’ deposit or other accounts (in each case other than any Cash  Availability Excluded Amounts).         “Cash Availability Excluded Amounts” means, without duplication, (a) cash and   Cash Equivalents held in accounts that satisfy clause (b), clause (d) or clause (e) of the   definition of “Excluded Accounts” and (b) cash and Cash Equivalents held in accounts of   any Loan Party (that is not a wholly owned Subsidiary of the Borrower), to the extent that   the declaration or payment of dividends or similar distributions by such Loan Party of   such cash or Cash Equivalents (i) is not, as of the Closing Date, permitted by operation of                                       3   502181848 v5 1205867.00001  

 

    the terms of its Organization Documents or (ii) is not at the time permitted by any  judgment, decree, statute, rule or governmental regulation applicable to such Loan Party.         “Cash Availability Maximum Amount” means $4,400,000.          “Cash Availability Threshold” means $4,400,000.          “Cash Equivalents” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement; provided that any reference to “Lender” therein shall be deemed to be a   reference to “Super Priority Lender”.            “Change in Law” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.              “Change of Control” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement; provided that any reference to “Administrative Agent” therein shall be   deemed to be a reference to both the “Existing Administrative Agent” and the “Super   Priority Agent”.          “Chief Restructuring Officer” has the meaning set forth in Section 6.23.          “Claims” has the meaning set forth in Section 10.17.          “Closing Date” means the date of satisfaction or waiver of all of the conditions in   Section 4.1.          “Code” means the Internal Revenue Code of 1986, as amended.          “Collateral” means all of the property that is or is intended under the terms of the   Collateral Documents to be subject to Liens in favor of the Super Priority Agent for the   benefit of the Secured Parties.          “Collateral Documents” means, collectively, the Guaranty and Security   Agreement, the Pledge Agreement, the Mortgages and all of the other mortgages (if any),   collateral assignments, account control agreements, landlord waivers, collateral access   agreements, security agreements, pledge agreements or other similar agreements   delivered to the Super Priority Agent that create or purport to create a Lien in favor of the   Super Priority Agent for the benefit of the Secured Parties.          “Commitment” means, as to each Super Priority Lender, its obligation to make a   single Loan to the Borrower pursuant to Section 2.1(a) on the Closing Date, in a principal   amount not to exceed the amount set forth opposite such Super Priority Lender’s name on   Annex A under the caption “Commitment”.          “Connection Income Taxes” has the meaning set forth in Section 1.1 of the   Existing Credit Agreement.          “Consultant” has the meaning set forth in Section 6.21.                                       4   502181848 v5 1205867.00001  

 

         “Contingent Obligation” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Contractual Obligation” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Contributing Loan Parties” has the meaning set forth in Section 6.28.         “Core Assets” means the assets identified on Annex E hereto which Annex may  be amended in writing from time to time by the Loan Parties following notice to and  approval by the Super Priority Agent in its sole discretion.        “Credit Exposure” means, as to any Super Priority Lender at any time, the  aggregate principal amount at such time of its outstanding Loans.         “Credit Extension” means a borrowing consisting of simultaneous Loans pursuant  to Section 2.1(a) or otherwise.         “Debtor Relief Laws” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Default” means any event or condition that constitutes an Event of Default or  that, with the giving of any notice, the passage of time, or both, would be an Event of  Default.         “Default Rate” means the Applicable Margin plus six percent (6.00%) per annum.         “Defaulting Lender” means, subject to Section 2.15(b), any Super Priority Lender  that (a) has failed to (i) fund all or any portion of its Loans within two Business Days of  the date such Loans were required to be funded hereunder unless such Super Priority  Lender notifies the Super Priority Agent and the Borrower in writing that such failure is  the result of such Super Priority Lender’s determination that one or more conditions  precedent to funding (each of which conditions precedent, together with any applicable  default, shall be specifically identified in such writing) has not been satisfied, or (ii) pay  to the Super Priority Agent or any other Super Priority Lender any other amount required  to be paid by it hereunder within two Business Days of the date when due, (b) has  notified the Borrower, the Super Priority Agent in writing that it does not intend to  comply with its funding obligations hereunder, or has made a public statement to that  effect (unless such writing or public statement relates to such Super Priority Lender’s  obligation to fund a Loan hereunder and states that such position is based on such Super  Priority Lender’s determination that a condition precedent to funding (which condition  precedent, together with any applicable default, shall be specifically identified in such  writing or public statement) cannot be satisfied), (c) has failed, within three Business  Days after written request by the Super Priority Agent or the Borrower, to confirm in  writing to the Super Priority Agent and the Borrower that it will comply with its  prospective funding obligations hereunder (provided that such Super Priority Lender  shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such  written confirmation by the Super Priority Agent and the Borrower), (d) has, or has a                                      5  502181848 v5 1205867.00001  

 

    direct or indirect parent company that has, (i) become the subject of a proceeding under   any Debtor Relief Law or (ii) had appointed for it a receiver, custodian, conservator,   trustee, administrator, assignee for the benefit of creditors or similar Person charged with   reorganization or liquidation of its business or assets, including the Federal Deposit   Insurance Corporation or any other state or Federal regulatory authority acting in such a   capacity; provided that a Super Priority Lender shall not be a Defaulting Lender solely by   virtue of the ownership or acquisition of any Equity Interest in that Super Priority Lender   or any direct or indirect parent company thereof by a Governmental Authority so long as   such ownership interest does not result in or provide such Super Priority Lender with   immunity from the jurisdiction of courts within the United States or from the   enforcement of judgments or writs of attachment on its assets or permit such Super  Priority Lender (or such Governmental Authority) to reject, repudiate, disavow or   disaffirm any contracts or agreements made with such Super Priority Lender or (e)   becomes the subjection of a Bail-In Action.  Any determination by the Super Priority   Agent that a Super Priority Lender is a Defaulting Lender under any one or more of   clauses (a) through (e) above shall be conclusive and binding absent manifest error, and   such Super Priority Lender shall be deemed to be a Defaulting Lender (subject to Section   2.15(b)), and such Super Priority Lender shall be deemed to be a Defaulting Lender   (subject to Section 2.15(b)) upon delivery of written notice of such determination to the   Borrower and each other Super Priority Lender.            “Determination Date” has the meaning set forth in Section 7.11.          “Disbursement” means (a) any disbursement from the Agent Controlled Account   pursuant to Section 2.2 or otherwise in accordance with the terms of this Agreement and   (b) any amounts not funded to the Agent Controlled Account and applied pursuant to   Section 2.1(a)(i).            “Disbursement Request” has the meaning set forth in Section 2.2(a).          “Disclosed Litigation” has the meaning set forth in Section 5.6.          “Disclosure Schedules” means those schedules referenced herein and in the other   Super Priority Loan Documents separately delivered to the Super Priority Agent and the   Super Priority Lenders on or at any time after the Closing Date.         “Disposition” or “Dispose” each has the meaning set forth in Section 1.1 of the   Existing Credit Agreement.          “Dollar” and “$” mean lawful money of the United States.          “Domestic Subsidiary” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.          “EEA Financial Institution” has the meaning set forth in Section 1.1 of the   Existing Credit Agreement.                                        6   502181848 v5 1205867.00001  

 

            “EEA Resolution Authority” has the meaning set forth in Section 1.1 of the   Existing Credit Agreement.          “Eligible Assignee” means any Person that meets the requirements to be an   assignee under Sections 10.6(b)(iii), (v) and (vi) (subject to such consents, if any, as may   be required under Section 10.6(b)(iii)).           “Emergency Disbursement Request” has the meaning set forth in Section 2.2(d).          “Equity Interests” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “ERISA” means the Employee Retirement Income Security Act of 1974.          “ERISA Affiliate” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “ERISA Event” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “Event of Default” has the meaning assigned to such term in Section 8.1.          “Excluded Accounts” means any of the following accounts solely to the extent   such account is maintained with Compass Bank: (a) any payroll accounts with aggregate   amounts on deposit which do not exceed payroll obligations for the next 30 days, (b) the   retention bonus account with aggregate amounts on deposit which do not exceed the   aggregate amount of retention bonuses specified in the applicable Approved Budget, (c)  petty cash accounts, amounts on deposit in which do not exceed $100,000 in the  aggregate at any one time, (d) withholding tax accounts and fiduciary accounts and (e)  any account containing cash collateral for credit card obligations payable to Compass  Bank, to the extent permitted by Section 7.1(r).           “Excluded Permitted Physician Equity Transfer” has the meaning set forth in   Section 1.1 of the Existing Credit Agreement.          “Excluded Subsidiary” means, any Subsidiary that is not wholly owned, directly   or indirectly, by Parent, Holdings and/or another wholly-owned Subsidiary of Parent   and/or Holdings, and which is prohibited from guaranteeing the Obligations by its   Organization Documents or an equityholders (or similar) agreement without the consent   of the other equityholders of such Subsidiary, but in each case only so long as both (a)   such limitation is not entered into in anticipation, or for the primary purpose, of making   such Subsidiary an Excluded Subsidiary and (b) such consent has not been obtained (with   the Parent and Holdings agreeing to use commercially reasonable efforts to obtain such   consent upon request of the Super Priority Agent).          “Excluded Taxes” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement, provided that any reference to “Lender” therein shall be deemed to be a   reference to “Super Priority Lender”.                                       7   502181848 v5 1205867.00001  

 

           “Existing Administrative Agent” means Compass Bank, in its capacity as   administrative agent under the Existing Credit Agreement, together with its successors   and assigns.          “Existing Credit Agreement” means that certain Credit Agreement dated as of   October 28, 2016, by and among the Borrower, Holdings, Parent, certain other Loan   Parties party thereto, the lenders party thereto and Compass Bank, in its capacity as   administrative agent for itself and the lenders party thereto, as amended by (a) that certain   Amendment No. 1 to Credit Agreement and Waiver, dated as of March 3, 2017, (b) that   certain Amendment No. 2 to Credit Agreement dated as of November 15, 2017, (c) that   certain Second Limited Conditional Waiver and Amendment No. 3 to Credit Agreement  and (d) the Second Forbearance Agreement, and as from time to time further amended,   amended and restated, supplemented or otherwise modified.          “Existing Lenders” means each of the lenders party to the Existing Credit   Agreement together with each of their respective successors and assigns.            “Existing Loan Subordination Agreement” has the meaning assigned to such term   in Section 4.1(a)(iii).          “Extraordinary Receipt” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.          “Facility” means the term loan facility established pursuant to Section 2.1.          “FASB ASC” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “FATCA” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “Federal Funds Rate” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement; provided that any reference to “Administrative Agent” therein shall be   deemed to be a reference to “Super Priority Agent”.          “Federal Reserve Board” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.          “Fee Letter” means the letter agreement, dated as of the Closing Date, between   the Borrower and Compass Bank.          “Financial Consultant Retainer Account” means that certain account ending in   6875 at Compass Bank that is in the name of the Borrower and subject to a control   agreement in form and substance acceptable to the Super Priority Agent (providing for   immediate control over such account).            “First Tier Foreign Subsidiary” has the meaning set forth in Section 1.1 of the   Existing Credit Agreement.                                       8   502181848 v5 1205867.00001  

 

         “Flood Requirement Satisfaction” has the meaning set forth in Section 1.1 of the  Existing Credit Agreement; provided that any reference to “Administrative Agent”  therein shall be deemed to be a reference to “Super Priority Agent” and any reference to  “Lender” therein shall be deemed to be a reference to “Super Priority Lender”.         “Foreign Subsidiary” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Foreign Super Priority Lender” means (a) if the Borrower is a U.S. Person, a  Super Priority Lender that is not a U.S. Person and (b) if the Borrower is not a U.S.  Person, a Super Priority Lender that is resident or organized under laws of a jurisdiction  other than that in which the Borrower is resident for tax purposes.        “FSHCO” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement.          “Fund” has the meaning set forth in Section 1.1 of the Existing Credit Agreement.         “GAAP” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement         “Governmental Authority” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Governmental Payor Program” has the meaning set forth in Section 1.1 of the  Existing Credit Agreement.          “Guarantee” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement.         “Guarantor” means each Person identified on Annex C attached hereto and any  other Person that guarantees any Obligations from time to time.          “Guaranty and Security Agreement” means the Guaranty and Security Agreement  dated as of the Closing Date by the Loan Parties in favor of the Super Priority Agent for  the benefit of the Secured Parties, as supplemented from time to time by the execution  and delivery of joinders and other documents pursuant to Section 6.12 or otherwise.         “Hazardous Materials” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Health Care Laws” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Health Care Permits” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.                                       9  502181848 v5 1205867.00001  

 

         “Holdings” has the meaning assigned to such term in the introductory paragraph  hereto.         “Indebtedness” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement.         “Indemnified Taxes” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement; provided that any reference to “Loan Document” therein shall be  deemed to be a reference to “Super Priority Loan Document”.         “Indemnitee” has the meaning assigned to such term in Section 10.4(b).         “Information” has the meaning assigned to such term in Section 10.7.         “Intellectual Property” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Intercompany Promissory Note” has the meaning assigned to such term in  Section 6.33.         “Interest Account” means that certain account ending in 5356 at Compass Bank  that is in the name of the Borrower and subject to a control agreement in form and  substance acceptable to the Super Priority Agent (providing for immediate control over  such account).           “Interest Payment Date” means the first Business Day of each calendar month and  the Maturity Date.         “Investment” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement.         “IRS” means the United States Internal Revenue Service.         “Laws” has the meaning set forth in Section 1.1 of the Existing Credit Agreement.         “Legal Retainer Account” means that certain account ending in 6213 at Compass  Bank that is in the name of the Borrower and subject to a control agreement in form and  substance acceptable to the Super Priority Agent (providing for immediate control over  such account).           “Lending Office” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement; provided that any reference to “Administrative Agent” therein shall be to be  a reference to “Super Priority Agent” and any reference to “Lender” therein shall be  deemed to be a reference to “Super Priority Lender”.         “Lien” has the meaning set forth in Section 1.1 of the Existing Credit Agreement.         “Loan” has the meaning assigned to such term in Section 2.1.                                      10  502181848 v5 1205867.00001  

 

         “Loan Notice” means a notice of a Credit Extension, which shall be substantially  in the form of Exhibit A or such other form as may be approved by the Super Priority  Agent, appropriately completed and signed by the chief financial officer and Chief  Restructuring Officer of the Borrower.         “Loan Parties” means, collectively, the Borrower, Holdings, Parent, and each  Guarantor.          “Material Adverse Effect” means (a) a material adverse change in, or a material  adverse effect upon, the operations, business, assets, liabilities (actual or contingent),  condition (financial or otherwise) of Parent and its Subsidiaries taken as a whole, (b) a  material impairment of the rights and remedies of the Super Priority Agent or any Super  Priority Lender under any Super Priority Loan Document, or of the ability of any Loan  Party to perform its obligations under any Super Priority Loan Document to which it is a  party or (c) a material adverse effect upon the legality, validity, binding effect or  enforceability against any Loan Party of any Super Priority Loan Document to which it is  a party.         “Material Contract” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement.         “Material Litigation” has the meaning set forth in Section 6.35.         “Material Real Property” means any fee-owned real property of any Loan Party  (or any Subsidiary that is required to become a Loan Party) that has a fair market value in  excess of $500,000, and any leased real property of any Loan Party (or any Subsidiary  that is required to become a Loan Party) the failure of which to be in effect would have a  material adverse effect on the business, financial condition, or operations in each case of  the Parent and its Subsidiaries on a consolidated basis.         “Maturity Date” means the earlier to occur of (a) July 31, 2019 (or such later date  as the Super Priority Agent and the Super Priority Lenders may agree in writing in their  sole discretion) or (b) the indefeasible payment in full in cash of the Indebtedness under  the Existing Credit Agreement or the indefeasible payment in cash of a discounted  amount of the Indebtedness under the Existing Credit Agreement with the express written  consent of the Existing Administrative Agent and Existing Lenders in full satisfaction of  the Indebtedness under the Existing Credit Agreement; provided that, in each case, if  such date is not a Business Day, the Maturity Date shall be the next preceding Business  Day.         “Maximum Rate” has the meaning set forth in Section 2.8(e).         “Measurement Period” shall mean the one week period immediately preceding  each Determination Date.         “Medicaid” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement.                                      11  502181848 v5 1205867.00001  

 

         “Medicare” has the meaning set forth in Section 1.1 of the Existing Credit  Agreement.         “MIRE Event” means any increase, extension or renewal of any Commitment, or  the addition of any new commitment hereunder.          “Mortgage” means any mortgage, deed of trust, deed to secure debt or equivalent  document now or hereafter encumbering any fee estate or leasehold interest in favor of  the Super Priority Agent for the benefit of the Secured Parties, as security for any of the  Obligations, each of which shall be in form and substance reasonably satisfactory to the  Super Priority Agent.         “Mortgage Support Documents” means, with respect to any real property subject  to (or required to be subject to) a Mortgage, the deliveries and documents described on  Annex B.         “Multiemployer Plan” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “NDA” has the meaning set forth in Section 6.48(ii).         “Necessary Costs and Expenses” means costs and expenses that cannot be  deferred or reduced without material negative impact to a Loan Party’s or its  Subsidiaries’ performance, value, or saleability.         “Net Cash Proceeds” has the meaning set forth in Section 1.1 of the Existing  Credit Agreement.         “Non-Consenting Lender” means any Super Priority Lender that does not approve  any consent, waiver or amendment that (a) requires the approval of all Super Priority  Lenders or all affected Super Priority Lenders in accordance with the terms of Section  10.1 and (b) has been approved by the Required Super Priority Lenders.         “Non-Defaulting Lender” means, at any time, a Super Priority Lender that is not a  Defaulting Lender at such time.          “Non-Guarantor Subsidiary” means any Subsidiary of Parent that is not a Loan  Party.          “Note” means a promissory note made by the Borrower in favor of a Super  Priority Lender evidencing the Loans of such Super Priority Lender, substantially in the  form of Exhibit B.         “Obligations” means all advances to, and debts, liabilities, obligations, covenants  and duties of, any Loan Party arising under any Super Priority Loan Document or with  respect to any Loan, in each case whether direct or indirect (including those acquired by  assumption), absolute or contingent, due or to become due, now existing or hereafter  arising and including interest and fees that accrue after the commencement by or against                                      12  502181848 v5 1205867.00001  

 

    any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws   naming such Person as the debtor in such proceeding, regardless of whether such interest   and fees are allowed claims in such proceeding.          “Operating Account” means that certain account ending in 3665 at Compass Bank   that is in the name of the Borrower and subject to a control agreement in form and   substance acceptable to the Super Priority Agent (providing for springing control over  such account).         “Ordinary Course of Business” means, in respect of any transaction involving any   Person, the ordinary course of such Person’s business undertaken by such Person in good   faith and not for purposes of evading any covenant or restriction in any Super Priority   Loan Document.          “Organization Documents” has the meaning set forth in Section 1.1 of the   Existing Credit Agreement          “Other Connection Taxes” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement; provided that any reference to “Loan Document” therein shall be a   reference to “Super Priority 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 Super   Priority Loan Document, except any such Taxes that are Other Connection Taxes   imposed with respect to an assignment (other than an assignment made pursuant to   Section 3.6).          “Outstanding Amount” means with respect to Loans on any date, the aggregate   outstanding principal amount thereof after giving effect to any borrowings and   prepayments or repayments of such Loans occurring on such date.          “Parent” has the meaning assigned to such term in the introductory paragraph   hereto.           “Participant” has the meaning assigned to such term in Section 10.6(d).          “Participant Register” has the meaning assigned to such term in Section 10.6(d).          “PATRIOT Act” means the USA PATRIOT Act (Title III of Pub. L. 107-56   (signed into law October 26, 2001)).          “PBGC” means the Pension Benefit Guaranty Corporation.          “Pension Plan” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.                                        13   502181848 v5 1205867.00001  

 

           “Permits” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “Permitted Liens” means Liens permitted pursuant to Section 7.1.          “Permitted Physician Equity Transfers” means any transfer (whether by   Disposition or through the issuance of Equity Interests in a new or existing Subsidiary) in   the Ordinary Course of Business of non-controlling minority Equity Interests in any   Subsidiary of the Borrower to licensed physicians who are directly involved in the daily   operations of such Subsidiary so long as (a) any Equity Interests transferred are not   Equity Interests held by a Loan Party, (b) after giving effect to such transfer, the Loan  Parties do not hold less Equity Interests in such Subsidiary than they did immediately  prior to giving effect to such transfer and (c) such transfer does not impair any voting,  approval, consent or other rights of the Loan Parties in respect of such Subsidiary.         “Person” means any natural person, corporation, limited liability company, trust,   joint venture, association, company, partnership, Governmental Authority or other entity.          “Plan” has the meaning set forth in Section 1.1 of the Existing Credit Agreement.          “Platform” means Debt Domain, Intralinks, Syndtrak or a substantially similar   electronic transmission system.          “Pledge Agreement” means the Pledge Agreement dated as of the Closing Date   by the Loan Parties in favor of the Super Priority Agent for the benefit of the Secured   Parties, as supplemented from time to time by the execution and delivery of joinders and   other documents pursuant to Section 6.12 or otherwise.          “Public Super Priority Lender” has the meaning assigned to such term in Section   10.2(d)(ii).          “Recipient” means (a) the Super Priority Agent, (b) any Super Priority Lender or   (c) any other recipient of any payment to be made by or on account of any obligation of   any Loan Party hereunder, as applicable.          “Refinancing Fee” has the meaning assigned to such term in Section 2.5(c).          “Register” has the meaning assigned to such term in Section 10.6(c).          “Related Parties” means, with respect to any Person, such Person’s Affiliates and   the partners, directors, officers, employees, agents, trustees, administrators, managers,   advisors, attorneys, attorneys’ financial advisors, and representatives of such Person and   of such Person’s Affiliates.          “Releasee” has the meaning set forth in Section 10.17.          “Repayment Amount” has the meaning set forth in Section 2.2(e).                                        14   502181848 v5 1205867.00001  

 

           “Repayment Date” has the meaning set forth in Section 2.2(e).          “Repayment Notice” has the meaning set forth in Section 2.2(e).          “Required Super Priority Lenders” means (a) at any time there are two or fewer   Super Priority Lenders, each Super Priority Lender and (b) at any time there are three or  more Super Priority Lenders, at least two Super Priority Lenders having Total Credit  Exposures representing more than 50% of the Total Credit Exposures of all Super   Priority Lenders.  The Total Credit Exposure of any Defaulting Lender shall be   disregarded in determining Required Super Priority Lenders at any time.            “Restricted Payment” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.          “Right of First Refusal Agreement” means the Right of First Refusal Agreement,   dated as of the Closing Date.          “Sanctioned Country” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.          “Sanctioned Person” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.          “Sanctions” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “Second Forbearance Agreement” means that certain Second Limited Conditional   Forbearance Agreement, Consent and Fourth Amendment to Credit Agreement, dated   effective April 30, 2019, by and among Borrower, Parent, Holdings, the Loan Parties   party thereto, Existing Administrative Agent and the Existing Lenders party thereto.           “Secured Parties” means, collectively, the Super Priority Agent, the Super Priority   Lenders, each co-agent or sub-agent appointed by the Super Priority Agent from time to   time pursuant to Section 9.5, and the other Persons the Obligations owing to which are or   are purported to be secured by the Collateral under the terms of the Collateral   Documents.          “Senior Officer” means, with respect to any Loan Party, the chief financial   officer, the Chief Restructuring Officer, chief accounting officer, treasurer, assistant   treasurer or controller of such Loan Party, any other officer of such Loan Party as   hereafter may be designated by written notice by such Loan Party to the Super Priority   Agent (so long as such officer is reasonably acceptable to the Super Priority Agent) and,   solely for purposes of the delivery of incumbency certificates pursuant to Section 4.1, the   secretary, any assistant secretary or other officer (reasonably acceptable to the Super   Priority Agent) of such Loan Party.  Any document delivered hereunder that is signed by   a Senior Officer of a Loan Party shall be conclusively presumed to have been authorized   by all necessary corporate, partnership and/or other action on the part of such Loan Party                                       15   502181848 v5 1205867.00001  

 

    and such Senior Officer shall be conclusively presumed to have acted on behalf of such  Loan Party.         “Specified Lien” has the meaning set forth in Section 6.34.          “SSG” means SSG Advisors, LLC together with its affiliates.          “Subordination Agreement” means each subordination or intercreditor agreement   from time to time entered into pursuant to this Agreement, each as amended, modified,   restated or supplemented from time to time.          “Subordinated Indebtedness” means any Indebtedness of any Loan Party or any   Subsidiary of any Loan Party which is subordinated to the Obligations as to right and   time of payment and as to other rights and remedies thereunder and having such other   terms as are, in each case, reasonably satisfactory to Super Priority Agent and the   Required Super Priority Lenders; provided that each Super Priority Lender shall be   deemed to have approved any such Indebtedness and the terms thereof unless it shall   object thereto by written notice to the Super Priority Agent within two (2) Business Days   after having received notice thereof from the Super Priority Agent (including, without   limitation, by posting such notice to the Platform).          “Subordinated Indebtedness Documents” means all documents governing the   Subordinated Indebtedness, including any notes or note agreements, in each case, in form   and substance satisfactory to Super Priority Agent and the Required Super Priority   Lenders; provided that each Super Priority Lender shall be deemed to have approved any   such Subordinated Indebtedness Documents unless it shall object thereto by written  notice to the Super Priority Agent within two (2) Business Days after having received   notice thereof from the Super Priority Agent (including, without limitation, by posting   such notice to the Platform).          “Subsidiary” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “Super Priority Agent” means Compass Bank in its capacity as super priority   agent under any of the Super Priority Loan Documents, or any successor super priority   agent.          “Super Priority Agent’s Office” means the Super Priority Agent’s address as set   forth in Section 10.2, or such other address as the Super Priority Agent hereafter may   designate by written notice to the Borrower and the Super Priority Lenders.          “Super Priority Compliance Certificate” has the meaning set forth in Section   6.2(b).          “Super Priority Lender” has the meaning specified in the introductory paragraph   hereto.                                        16   502181848 v5 1205867.00001  

 

           “Super Priority Loan Documents” means, collectively, this Agreement, the Notes,   the Guaranty and Security Agreement, the Collateral Documents, any Subordination  Agreements, the Fee Letter, the Right of First Refusal Agreement and all documents  delivered to Super Priority Agent and/or any Super Priority Lender in connection with  any of the foregoing.         “Swap Contract” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “Swap Termination Value” has the meaning set forth in Section 1.1 of the   Existing Credit Agreement; provided that any reference to “Lender” therein shall be   deemed to be a reference to “Super Priority Lender”.          “Taxes” has the meaning set forth in Section 1.1 of the Existing Credit   Agreement.          “Termination Date” means the date on which (a) all Obligations (other than   contingent claims that have not been asserted) have been paid in full in cash, (b) the   Aggregate Commitments have been terminated and (c) the Maturity Date has occurred.          “Third Party Payor” has the meaning set forth in Section 1.1 of the Existing   Credit Agreement.          “Third Party Payor Authorizations” has the meaning set forth in Section 1.1 of the   Existing Credit Agreement.          “Third Party Payor Programs” has the meaning set forth in Section 1.1 of the   Existing Credit Agreement.          “Total Credit Exposure” means, as to any Super Priority Lender at any time, the   unused Commitments and Credit Exposure of such Super Priority Lender at such time.           “Total Outstandings” means the aggregate Outstanding Amount of all Loans.          “UCC” has the meaning set forth in Section 1.1 of the Existing Credit Agreement.          “United States” and “U.S.” mean the United States of America.          “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   Section 3.1(g)(ii)(B)(3).          “Weekly Budget” has the meaning set forth in Section 6.28.          “Withholding Agent” means Parent and the Super Priority Agent.                                        17   502181848 v5 1205867.00001  

 

         “Write-Down and Conversion Powers” has the meaning set forth in Section 1.1 of  the Existing Credit Agreement.         1.2   Rules of Interpretation.  With reference to this Agreement and each other  Super Priority Loan Document, unless otherwise specified herein or in such other Super  Priority Loan Document:         (a)   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, (i) any definition of or reference  to any agreement, instrument or other document 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 or in any other Super Priority Loan Document), (ii) any  reference herein to any Person shall be construed to include such Person’s successors and  assigns, (iii) the words “hereto,” “herein,” “hereof” and “hereunder,” and words of  similar import when used in any Super Priority Loan Document, shall be construed to  refer to such Super Priority Loan Document in its entirety and not to any particular  provision thereof, (iv) all references in a Super Priority Loan Document to Articles,  Sections, Exhibits, Disclosure Schedules and Annexes shall be construed to refer to  Articles and Sections of, and Exhibits, Disclosure Schedules and Annexes to, the Super  Priority Loan Document in which such references appear, (v) any reference to any Law  shall include all statutory and regulatory provisions consolidating, amending, replacing or  interpreting such Law and any reference to any Law shall, unless otherwise specified,  refer to such Law as amended, modified or supplemented from time to time and (vi) 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.          (b)   In the computation of periods of time from a specified date to a later  specified date, the word “from” means “from and including;” the words “to” and “until”  each mean “to but excluding;” and the word “through” means “to and including.”         (c)   Article and Section headings herein and in the other Super Priority Loan  Documents are included for convenience of reference only and shall not affect the  interpretation of this Agreement or any other Super Priority Loan Document.         (d)   To the extent provisions, terms or definitions from the Existing Credit  Agreement or the Second Forbearance Agreement are incorporated herein by reference or  otherwise (i) the following defined terms in such provisions shall be deemed to be  replaced as follows: (1) the term “Administrative Agent” shall be deemed to be replaced  with the term “Super Priority Agent”, (2) the term “Lender” or “Lenders” shall be  deemed to be replaced with the term “Super Priority Lender” or “Super Priority Lenders”,  as applicable, (3) the term “Loan Document” or “Loan Documents” shall be deemed to                                      18  502181848 v5 1205867.00001  

 

    be replaced with the term “Super Priority Loan Document” or “Super Priority Loan  Documents”, as applicable, and (4) the term “Amendment No. 2 Effective Date” shall be  deemed to be replaced with the term “Closing Date”, (ii) any reference in any such  provision, term or definition to a section in the Existing Credit Agreement or the Second   Forbearance Agreement, as applicable, shall be deemed to be a reference to the   corresponding Section under this Agreement, (iii) any reference in any such provision,  term or definition to the date of the Existing Credit Agreement or the date of the Second  Forbearance Agreement (in each case, whether as a reference to the “date of this  Agreement”, the “date hereof” or otherwise) shall be a reference to the date of this  Agreement and (iv) any reference in any such provision, term or definition to any  “Disclosure Schedule” shall be a reference to the applicable “Disclosure Schedule” (as  defined herein) and delivered in accordance with this Agreement.  To the extent  capitalized terms used in provisions, terms or definitions incorporated herein by reference  or otherwise from the Existing Credit Agreement or the Second Forbearance Agreement,  are not otherwise defined in this Agreement, such capitalized terms shall be deemed to  have the meanings set forth in the Existing Credit Agreement after giving effect to the  modifications provided for in the preceding sentence of this Section 1.2(d).  To the extent   capitalized terms used in provisions, terms or definitions incorporated herein by reference   or otherwise from the Existing Credit Agreement or the Second Forbearance Agreement,   are defined in this Agreement, such capitalized term shall have the meaning set forth   herein (notwithstanding the fact that such terms are also defined in the Existing Credit   Agreement or the Second Forbearance Agreement).          1.3   Accounting Terms.            (a)   Generally.  All accounting terms not specifically or completely defined   herein shall be construed in conformity with, and all financial data (including financial   ratios and other financial calculations) required to be submitted pursuant to this   Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as  in effect from time to time, and in a manner consistent with that used in preparing the  Parent’s financial statements ending December 31, 2017.  Notwithstanding the foregoing,  for purposes of determining compliance with any covenant (including the computation of  any financial covenant) contained herein, Indebtedness of Parent and its Subsidiaries  shall be deemed to be carried at 100% of the outstanding principal amount thereof, and  the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be  disregarded.         (b)   Changes in GAAP.  If at any time any change in GAAP would affect the   computation of any requirement set forth in any Super Priority Loan Document, and   either the Borrower or the Required Super Priority Lenders shall so request, the Super   Priority Agent, the Super Priority Lenders and the Borrower shall negotiate in good faith   to amend such requirement to preserve the original intent thereof in light of such change   in GAAP (subject to the approval of the Required Super Priority Lenders); provided that,   until so amended, (i) such ratio or requirement shall continue to be computed in   accordance with GAAP prior to such change therein and (ii) the Borrower shall provide   to the Super Priority Agent and the Super Priority Lenders financial statements and other   documents required under this Agreement or as reasonably requested hereunder setting                                       19   502181848 v5 1205867.00001  

 

    forth a reconciliation between calculations of such ratio or requirement made before and   after giving effect to such change in GAAP.          1.4   Rounding.  Any financial ratios required to be maintained pursuant to this   Agreement shall be calculated by dividing the appropriate component by the other   component, carrying the result to one place more than the number of places by which   such ratio is expressed herein and rounding the result up or down to the nearest number   (with a rounding-up if there is no nearest number).          1.5   Times of Day; Rates.  Unless otherwise specified, all references herein to   times of day shall be references to Eastern time (daylight or standard, as applicable).           1.6   [Reserved].            1.7   Currency Equivalents Generally.  Any amount specified in this Agreement   (other than in Articles II, IX and X) or any of the other Super Priority Loan Documents to   be in Dollars shall also include the equivalent of such amount in any currency other than   Dollars, such equivalent amount thereof in the applicable currency to be determined by   the Super Priority Agent at such time on the basis of the Spot Rate (as defined below) for   the purchase of such currency with Dollars.  For purposes of this Section 1.7, the “Spot   Rate” for a currency means the rate determined by the Super Priority Agent to be the rate   quoted by the Person acting in such capacity as the spot rate for the purchase by such   Person of such currency with another currency through its principal foreign exchange  trading office at approximately 11:00 a.m. on the date two Business Days prior to the   date of such determination; provided that the Super Priority Agent may obtain such spot   rate from another financial institution designated by the Super Priority Agent if the   Person acting in such capacity does not have as of the date of determination a spot buying   rate for any such currency.          1.8   [Reserved].            1.9   Projections.  The Secured Parties hereby acknowledge and agree that   references to projections in the Super Priority Loan Documents are subject to the  following terms:  projections as to future events (a) are not to be viewed as facts and the   projections are subject to significant uncertainties and contingencies, many of which are   beyond the control of the Loan Parties, that no assurance can be given that any particular   projections will be realized and that actual results during the period or periods covered by   any such projections may differ significantly from the projected results and such   differences may be material and (b) are not a guarantee of performance.  The Loan   Parties agree that all projections supplied to the Secured Parties shall represent Parent’s   best good faith estimate of future financial performance and are based on assumptions   believed by Parent to be fair and reasonable in light of current market conditions at the   time such projections are supplied.                                 ARTICLE II                THE COMMITMENTS AND CREDIT EXTENSIONS          2.1   Credit Extension; Commitments.                                         20   502181848 v5 1205867.00001  

 

           (a)   Subject to the terms and conditions set forth herein, each Super Priority   Lender severally agrees to make a single loan to the Borrower on the Closing Date (the   “Loans”), in each case in an amount equal to such Super Priority Lender’s Commitment.    The proceeds of such Loans shall be applied as follows:                (i)   First, to the payment of any fees due and payable to the Super        Priority Agent and the Super Priority Lenders pursuant to the terms of the Fee        Letter and any documented fees and expenses of the Super Priority Agent, its        counsel, and its counsel’s financial advisors (in each case, to the extent due and        payable), in each case to the extent the Borrower has Cash Availability below the        Cash Availability Threshold (or if the payment of such fees and expenses would        cause Cash Availability to drop below the Cash Availability Threshold) on the        Closing Date to pay such fees and expenses (as determined by the Super Priority        Agent in its sole discretion);               (ii)  Second, to fund the Interest Account with the amount of interest        that will be due and payable on the Loans through July 31, 2019;                (iii) Third, to fund the Legal Retainer Account and Financial        Consultant Retainer Account, each with $150,000; and               (iv)  Last, the balance, if any, to fund the Agent Controlled Account.         (b)   Amounts borrowed under this Section 2.1 and repaid or prepaid may not  be reborrowed.           (c)   Notwithstanding anything to the contrary in this Agreement, any Super  Priority Lender may exchange, continue or rollover all or a portion of its Loans in   connection with any refinancing, extension, loan modification or similar transaction  permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism  approved by the Borrower, the Super Priority Agent, and such Super Priority Lender.         2.2   Disbursements of Loan Proceeds from the Agent Controlled Account;   Repayments to the Agent Controlled Account.            (a)   In the event any Weekly Budget delivered by the Borrower to the Super   Priority Agent forecasts that the Loan Parties’ Cash Availability will be less than the   Cash Availability Threshold as of the Friday of the week immediately following the date  such Weekly Budget was delivered (each such Friday, the “Applicable Date”) after   giving effect to cash receipts and cash payments forecasted through such Applicable   Date, then the Borrower may submit no later than 3:00 p.m. (Central Time) on the   Thursday of the week that such Weekly Budget is delivered to the Super Priority Agent,   an irrevocable written notice to the Super Priority Agent (a “Disbursement Request”)   which shall specify:                 (i)   the aggregate Cash Availability as of the date of such         Disbursement Request (along with a listing of the amounts of cash and Cash         Equivalents held in each of the Loan Parties’ deposit or other accounts (other than                                       21   502181848 v5 1205867.00001  

 

           any Cash Availability Excluded Amounts) as of the date of such Disbursement         Request);                (ii)  the amount of the requested Disbursement (which shall be an         amount equal to or less than the amount necessary to cause the Loan Parties’         projected Cash Availability as of the Applicable Date, after giving effect to such         Disbursement and cash receipts and cash payments forecasted through such         Applicable Date, to equal the Cash Availability Threshold), rounded up to the        nearest $100.00 increment;               (iii) the requested day for the Disbursement (which shall be a Business         Day no earlier than two (2) Business Days after the date such Disbursement         Request is submitted to the Super Priority Agent);                (iv)  the corresponding week within the Weekly Budget to which such         Disbursement Request relates; and                 (v)   the Loan Parties’ forecasted total cash sources, total cash uses, net         cash flow and ending cash flow balance as of the Applicable Date.         (b)   Upon:               (i)   the Super Priority Agent’s receipt of a Disbursement Request that        the Super Priority Agent determines meets the requirements of clause (a) above;         and                 (ii)  the Super Priority Agent's determination that (x) the Loan Parties’         cash disbursements for such subsequent week set forth in the applicable Weekly        Budget are consistent with the Approved Budget (subject to up to a 10% variance         from the Approved Budget) or (y) to the extent the preceding clause (x) is not         applicable, that the Loan Parties’ projected cash disbursements for the subsequent         week are necessary to preserve the value of the Core Assets of the Loan Parties,         then the Super Priority Agent shall within two (2) Business Days of receiving         such Disbursement Request (solely to the extent sufficient funds are then on         deposit in the Agent Controlled Account and are available for disbursement)         internally transfer the amount of such requested Disbursement (less the amount of         any projected cash disbursements that the Super Priority Agent determines do not         satisfy clauses (x) or (y) above) from the Agent Controlled Account to Borrower's         Operating Account.          (c)   To the extent the Super Priority Agent objects to any Disbursement (or   any portion thereof) requested pursuant to Section 2.2(a) above, the Super Priority Agent   shall notify the Borrower of such objection and the reason therefor within two (2)   Business Days (or a shorter period if exigent circumstances require such shorter period)  after the receipt of the relevant Disbursement Request.         (d)   In the event the Borrower determines that there is an emergency cash  shortfall that requires a Disbursement on an expedited basis outside of the process                                       22   502181848 v5 1205867.00001  

 

    described in clauses (a) through (c) above, the Borrower may submit an irrevocable   written notice to the Super Priority Agent (an “Emergency Disbursement Request”)   which shall:                (i)   describe the nature of the emergency cash shortfall and the         negative impact it will have on the value of Core Assets;                (ii)  specify the Cash Availability as of the date of such Emergency         Disbursement Request (along with a listing of the amounts of cash and Cash         Equivalents held in each of the Loan Parties’ deposit or other accounts (other than         Cash Availability Excluded Amounts) as of the date of such Emergency         Disbursement Request);                (iii) specify the amount of the requested Disbursement needed to         address the applicable cash shortfall emergency;                (iv)  specify the requested day for the Disbursement;                 (v)   specify the corresponding week within the Weekly Budget to         which such Emergency Disbursement Request relates; and                 (vi)  specify the Loan Parties’ forecasted total cash sources, total cash         uses, net cash flow and ending cash flow balance as of the requested date for such         Disbursement.      Upon the Super Priority Agent (1) receiving an Emergency Disbursement Request and   such other information as the Super Priority Agent may request (in its sole discretion)   from the Loan Parties and (2) determining, in its sole discretion, that the requested   Disbursement is necessary to preserve the value of the Core Assets, the Super Priority   Agent may, in its sole discretion (to the extent sufficient funds are then on deposit in the   Agent Controlled Account and are available for disbursement), internally transfer the   amount of such requested Disbursement (or such lesser amount as the Super Priority   Agent determines is appropriate in its sole discretion) from the Agent Controlled Account   to Borrower's Operating Account.          (e)   In the event any Weekly Budget submitted by the Borrower to the Super   Priority Agent forecasts that the Loan Parties’ Cash Availability will be greater than the   Cash Availability Maximum Amount as of the Applicable Date of the immediately   subsequent week (after giving effect to cash receipts and cash payments forecasted   through such Applicable Date), then the Borrower shall:                (i)   no later than 3:00 p.m. (Central Time) on the Thursday of the week         such Weekly Budget is delivered to the Super Priority Agent, deliver to the Super         Priority Agent an irrevocable written notice (a “Repayment Notice”) which shall         specify:                      (A)   the aggregate Cash Availability as of the date of such               Repayment Notice (along with a listing of the amounts of cash and Cash                                       23   502181848 v5 1205867.00001  

 

               Equivalents held in each of the Loan Parties’ deposit or other accounts              (other than Cash Availability Excluded Amounts) as of the date of such             Repayment Notice);                     (B)   a repayment amount (the “Repayment Amount”) equal to              the least of (x) the amount necessary to cause the Loan Parties’ projected              Cash Availability as of the Applicable Date to equal the Cash Availability              Maximum Amount, (y) the aggregate amount previously transferred from              the Agent Controlled Account to the Operating Account (and not              previously returned pursuant to this Section 2.2(e)) and (z) the amount              necessary to cause the aggregate amounts held in the Agent Controlled              Account, Interest Account, Financial Consultant Retainer Account and              Legal Retainer Account to equal $7,750,000;                      (C)   the date such repayment will be made (which shall be a              Business Day no later than two (2) Business Days after the date such              Repayment Notice is submitted to the Super Priority Agent) (the              “Repayment Date”);                      (D)   the corresponding week within the Weekly Budget to              which such repayment relates; and                      (E)   the Loan Parties’ forecasted total cash sources, total cash              uses, net cash flow and ending cash flow balance as of the Applicable              Date; and               (ii)  cause the Repayment Amount to be transferred from the        Borrower’s Operating Account to the Agent Controlled Account on the applicable        Repayment Date;   For the avoidance of doubt, any amount transferred from the Borrower’s Operating  Account to the Agent Controlled Account pursuant to this Section 2.2(e) shall not be  deemed to be a repayment of the Loans, and interest shall continue to accrue on such  amounts pursuant to Section 2.8.         (f)   Notwithstanding the foregoing, aggregate Disbursements (minus any  repayments made in accordance with clause (e) above) shall not exceed (i) prior to May  31, 2019, $4,000,000 and (ii) prior to June 15, 2019, $6,500,000.         2.3   [Reserved].           2.4   [Reserved].           2.5   Prepayments.           (a)   Optional Prepayment of the Loans.  The Borrower may, upon notice to the  Super Priority Agent, at any time or from time to time voluntarily prepay the Loans in  whole or in part without premium or penalty (other than the Refinancing Fee to the extent                                      24  502181848 v5 1205867.00001  

 

    applicable); provided that (i) such notice must be in a form acceptable to the Super  Priority Agent and be received by the Super Priority Agent not later than 11:00 a.m. one   (1) Business Day prior to any date of prepayment, and (ii) any prepayment shall be in a   principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof or, in   each case, if less, the entire principal amount thereof then outstanding or the entire   amount on deposit in the Agent Controlled Account, Interest Account and Operating   Account, as applicable.  Each such notice shall specify the date and amount of such   prepayment.  The Super Priority Agent will promptly notify each Super Priority Lender   of its receipt of each such notice, and of the amount of such Super Priority Lender’s   ratable portion of such prepayment (based on such Super Priority Lender’s Applicable  Percentage).  If such notice is given by the Borrower, the Borrower shall make such  prepayment and the payment amount specified in such notice shall be due and payable on   the date specified therein (including, in the case of full repayment of Loans, by use of   amounts on deposit in the Agent Controlled Account, Interest Account and Operating   Account).  Any prepayment shall be accompanied by all accrued interest on the amount   prepaid, together with any Refinancing Fee to the extent then due and payable.  Each   prepayment pursuant to this Section 2.5(a) shall be paid to the Super Priority Lenders in   accordance with their respective Applicable Percentages.            (b)   Mandatory.                  (i)   [Reserved].                (ii)  Dispositions.  If any Loan Party or any Subsidiary thereof         Disposes of any property (other than any Excluded Permitted Physician Equity         Transfer) which results in the realization by such Person of Net Cash Proceeds in         excess of $1,000 individually or $5,000 in the aggregate, the Borrower shall make         mandatory prepayments in the manner set forth in subsection (vii) below in an         amount equal to 100% of such Net Cash Proceeds contemporaneous with the         receipt thereof.                (iii) Extraordinary Receipts.  Upon any Extraordinary Receipt being         received by, or paid to or for the account of, any Loan Party or any Subsidiary         thereof (to the extent not otherwise included in Sections 2.5(b)(ii) or (iv)), the         Borrower shall make mandatory prepayments in the manner set forth in          subsection (vii) below in an amount equal to 100% of all Net Cash Proceeds         contemporaneously with the receipt thereof.                (iv)  Issuance of Indebtedness.  Upon the incurrence or issuance by any         Loan Party or any Subsidiary thereof of any Indebtedness (other than         Indebtedness expressly permitted to be incurred or issued pursuant to Section         7.2), the Borrower shall make mandatory prepayments in the manner set forth in         subsection (vii) below in an amount equal to 100% of all Net Cash Proceeds         received therefrom contemporaneously with receipt thereof by such Person;         provided that the making of such prepayment shall not cure or waive any Event of        Default that might otherwise result from the incurrence or issuance of any such        Indebtedness.                                       25   502181848 v5 1205867.00001  

 

               (v)   [Reserved].               (vi)  [Reserved].                 (vii) Application of Mandatory Prepayments.  Each prepayment made        pursuant to the foregoing provisions of this Section 2.5(b) shall be applied as        follows:                           (1)    First, to the payment of any fees due and payable                   to the Super Priority Agent and the Super Priority Lenders                   pursuant to the terms of the Fee Letter and any documented fees                   and expenses of the Super Priority Agent (to the extent due and                   payable), its counsel, its counsel’s financial advisors to the extent                   the Borrower has insufficient Cash Availability (in excess of the                   Cash Availability Threshold) to pay such amounts on the date of                   such prepayment (subject to the approval in writing by the Super                   Priority Agent in its sole discretion);                          (2)     Second, to fund the Agent Controlled Account                   until the total amount on deposit and available for disbursement in                   such Agent Controlled Account equals $7,750,000;                          (3)     Third, ratably to the outstanding Loans, until the                   Loans have been paid in full; and                          (4)     Last, the balance, if any, after all of the                   Obligations have been indefeasibly paid in full, to the Indebtedness                   under the Existing Credit Agreement in accordance with the terms                   thereof and of the Existing Loan Subordination Agreement in                   respect thereof.              (viii) Notwithstanding anything to the contrary contained in Section        2.5(b)(ii), (iii) or (iv), to the extent attributable to a Disposition, Extraordinary        Receipt or incurrence or issuance of Indebtedness by a Non-Guarantor Subsidiary       that is not wholly-owned (directly or indirectly) by a Loan Party, no prepayment        (or a portion thereof) required under Sections 2.5(b)(ii), (iii) or (iv) shall be made        if such prepayment (or portion thereof, or any distribution to permit such        payment), at the time it is required to be made, is subject to material permissibility        restrictions under the Organization Documents in effect prior to the date of this        Agreement, or a Contractual Obligation with the minority owner, of such Non-       Guarantor Subsidiary in effect prior to the date of this Agreement, provided that        the Loan Parties and their Subsidiaries shall make commercially reasonable        efforts with respect to such limitations (including using commercially reasonable        efforts to obtain the consent of the relevant minority owner) to make such        prepayment (or portion thereof) in accordance therewith.  Notwithstanding        anything in the preceding sentence to the contrary, in the event either (x) the        limitations or restrictions described therein cease to apply to any prepayment (or                                      26  502181848 v5 1205867.00001  

 

           portion thereof) required under Section 2.5(b) or (y) the relevant Non-Guarantor         Subsidiary makes a Restricted Payment or other distribution or payment to a Loan         Party or a Subsidiary that is not subject to such restriction, the Borrower shall        make such required prepayment (giving effect to the relevant baskets and        reinvestment provisions) in full.         (c)   Refinancing Fee.  In the event (i) the Facility is indefeasibly repaid in cash   in full with the proceeds of other Indebtedness without the express written consent of the   Super Priority Agent that (A) has priority over the liens securing the Existing Credit   Agreement and (B) is not funded by Existing Lenders (or any of them) or (ii) any other   Indebtedness is incurred by any Loan Party without the express written consent of the   Super Priority Agent that (A) has priority over the Facility or the Indebtedness under the   Existing Credit Agreement or (B) is pari passu with the Indebtedness under the Existing   Credit Agreement, then the Super Priority Lenders shall be entitled to a refinancing fee in  an amount equal to 20% of the Loans made on the Closing Date (the “Refinancing Fee”),   which fee shall be immediately due and payable to the Super Priority Agent for the   account of the Super Priority Lenders upon the consummation of such financing   transaction; provided that notwithstanding the foregoing, no Refinancing Fee shall be due   or payable by any Loan Party if, in connection with any such financing transaction, the   Obligations and the Indebtedness under the Existing Credit Agreement are indefeasibly   repaid in full in cash.          2.6   Termination of Commitments.  Any unused portion of the Aggregate   Commitments shall be automatically and permanently terminated on the funding of the   Loans on the Closing Date.          2.7   Repayment of Loans.  The Borrower shall repay to the Super Priority   Agent, for the benefit of the Super Priority Lenders, on the Maturity Date the aggregate   principal amount of all Loans outstanding on such date (including, if applicable, by  application of all amounts on deposit in the Agent Controlled Account and Interest  Account).         2.8   Interest.            (a)   Interest Rate Generally.  Subject to the provisions of Section 2.8(b), the   Loans shall bear interest on the outstanding principal amount thereof at a rate per annum   equal to the Applicable Margin. For the avoidance of doubt, interest will accrue on the  full amount of the Loans advanced by the Super Priority Lenders on the Closing Date  (unless any such Loans are repaid, other than in accordance with Section 2.2(e)).          (b)   Default Rate.                (i)   If any amount of principal of any Loan is not paid when due         (without regard to any applicable grace periods), whether at stated maturity, by         acceleration or otherwise, such amount shall thereafter bear interest at a        fluctuating interest rate per annum at all times equal to the Default Rate to the        fullest extent permitted by applicable Laws.                                       27   502181848 v5 1205867.00001  

 

                 (ii)  If any amount (other than principal of any Loan) payable by the         Borrower under any Super Priority Loan Document is not paid when due whether         at stated maturity, by acceleration or otherwise, then upon the request of the         Required Super Priority Lenders such amount shall thereafter bear interest at a         fluctuating interest rate per annum at all times equal to the Default Rate to the         fullest extent permitted by applicable Laws.                (iii) Upon the request of the Required Super Priority Lenders, while         any Event of Default exists (other than as set forth in the foregoing subsections (i)         and (ii)), the Borrower shall pay interest on the principal amount of all         outstanding Obligations hereunder at a fluctuating interest rate per annum at all         times equal to the Default Rate to the fullest extent permitted by applicable Laws.                (iv)  Accrued and unpaid interest on past due amounts (including         interest on past due interest) shall be due and payable upon demand.          (c)   Interest Payment Dates.  Interest on each Loan shall be due and payable in   arrears on each Interest Payment Date applicable thereto and at such other times as may   be specified herein; provided that, until the balance of the Interest Account is zero, all   payments of interest due hereunder shall only be required to be made from the Interest   Account in accordance with Section 2.8(d).  Interest hereunder shall be due and payable   in accordance with the terms hereof before and after judgment, and before and after the   commencement of any proceeding under any Debtor Relief Law.          (d)   Payment of Interest from the Interest Account.  Interest payable on the   Loans on each Interest Payment Date shall be paid as follows (provided that, for the  avoidance of doubt, to the extent any interest remains unpaid after giving effect to this  clause (d), such interest will remain an Obligation due and payable by the Loan Parties):                (i)   To the extent that the Interest Account has funds available for         disbursement, the Super Priority Agent shall debit the Interest Account on any         Interest Payment Date in an amount up to the lesser of (A) the funds in the         Interest Account that are then available for disbursement and (B) the interest due        and payable on such Interest Payment Date; and               (ii)   To the extent that any interest due and payable remains unpaid         after giving effect to clause (i) above, the Super Priority Agent is authorized to         debit the Agent Controlled Account on any Interest Payment Date to pay such         unpaid interest;                and in each case of clauses (i) and (ii) above, apply such amount to pay         interest due on the Loans on such Interest Payment Date.         (e)   Maximum Rate.  Notwithstanding anything to the contrary contained in   any Super Priority Loan Document, the interest paid or agreed to be paid under the Super   Priority Loan Documents shall not exceed the maximum rate of non-usurious interest   permitted by applicable Law (the “Maximum Rate”).  If the Super Priority Agent or any   Super Priority Lender shall receive interest in an amount that exceeds the Maximum                                       28   502181848 v5 1205867.00001  

 

    Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds   such unpaid principal, refunded to the Borrower.  In determining whether the interest   contracted for, charged, or received by the Super Priority Agent or a Super Priority   Lender exceeds the Maximum Rate, such Person may, to the extent permitted by   applicable Law, (i) characterize any payment that is not principal as an expense, fee, or   premium rather than interest, (ii) exclude voluntary prepayments and the effects thereof   and (iii) amortize, prorate, allocate, and spread in equal or unequal parts the total amount   of interest throughout the contemplated term of the Obligations hereunder.          2.9   Fees.  The Borrower shall pay to the Super Priority Agent, for its own   respective account and for the account of the Super Priority Lenders, as applicable, fees   in the amounts and at the times specified in the Fee Letter.  All of the foregoing fees shall   be fully earned when paid and shall not be refundable for any reason whatsoever.          2.10  Computation of Interest and Fees.  All computations of interest for Loans   shall be made on the basis of a 360-day year and actual days elapsed (which results in   more fees or interest, as applicable, being paid than if computed on the basis of a 365-day   year).  Interest shall accrue on each Loan for the day on which the Loan is made, and   shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such   portion is paid; provided that any Loan that is repaid on the same day on which it is made   shall, subject to Section 2.12(a), bear interest for one day.  Each determination by the   Super Priority Agent of an interest rate or fee hereunder shall be conclusive and binding   for all purposes, absent manifest error.          2.11  Evidence of Debt.  The Credit Extensions made by each Super Priority   Lender shall be evidenced by one or more accounts or records maintained by such Super   Priority Lender and by the Super Priority Agent in the Ordinary Course of Business.  The   accounts or records maintained by the Super Priority Agent and each Super Priority  Lender shall be conclusive absent manifest error of the amount of the Credit Extensions  made by the Super Priority Lenders to the Borrower and the interest and payments  thereon.  Any failure to so record or any error in doing so shall not, however, limit or  otherwise affect the obligation of the Borrower hereunder to pay any amount owing with  respect to the Obligations.  In the event of any conflict between the accounts and records   maintained by any Super Priority Lender and the accounts and records of the Super  Priority Agent in respect of such matters, the accounts and records of the Super Priority   Agent shall control in the absence of manifest error.  Upon the request of any Super   Priority Lender made through the Super Priority Agent, the Borrower shall execute and   deliver to such Super Priority Lender (through the Super Priority Agent) a Note, which   shall evidence such Super Priority Lender’s Loans in addition to such accounts or   records.  Each Super Priority Lender may attach schedules to its Note and endorse   thereon the date, amount and maturity of its Loans and payments with respect thereto.          2.12  Payments Generally; Super Priority Agent’s Clawback.            (a)   General.  All payments to be made by the Borrower shall be made free and   clear of and without condition or deduction for any counterclaim, defense, recoupment or  setoff.  Except as otherwise expressly provided herein, all payments by the Borrower                                       29   502181848 v5 1205867.00001  

 

    hereunder shall be made to the Super Priority Agent, for the account of the respective   Super Priority Lenders to which such payment is owed, at the Super Priority Agent’s   Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date  specified herein.  The Super Priority Agent will promptly distribute to each Super Priority  Lender its Applicable Percentage in respect of the Facility (or other applicable share as  provided herein) of such payment in like funds as received by wire transfer to such Super  Priority Lender’s Lending Office.  All payments received by the Super Priority Agent  after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any  applicable interest or fee shall continue to accrue.  If any payment to be made by the  Borrower shall come due on a day other than a Business Day, payment shall be made on  the next following Business Day, and such extension of time shall be reflected in  computing interest or fees, as the case may be.               (i)   Funding by Super Priority Lenders.  If a Super Priority Lender         pays its share of the Credit Extension to the Super Priority Agent, then the amount        so paid shall constitute such Super Priority Lender’s Loan included in such Credit        Extension.  Any payment by the Borrower shall be without prejudice to any claim        the Borrower may have against a Super Priority Lender that shall have failed to        make such payment to the Super Priority Agent.                        (ii)   Payments by Borrower; Presumptions by Super Priority Agent.          Unless the Super Priority Agent shall have received notice from the Borrower         prior to the date on which any payment is due to the Super Priority Agent for the         account of the Super Priority Lenders hereunder that the Borrower will not make        such payment, the Super Priority Agent may assume that the Borrower has made        such payment on such date in accordance herewith and may, in reliance upon such        assumption, distribute to the Super Priority Lenders, the amount due.  In such        event, if the Borrower has not in fact made such payment, then each of the Super        Priority Lenders, severally agrees to repay to the Super Priority Agent forthwith        on demand the amount so distributed to such Super Priority Lender, with interest        thereon, for each day from and including the date such amount is distributed to it        to but excluding the date of payment to the Super Priority Agent, at the greater of        the Federal Funds Rate and a rate determined by the Super Priority Agent in        accordance with banking industry rules on interbank compensation.           A notice of the Super Priority Agent to any Super Priority Lender or the Borrower   with respect to any amount owing under this subsection (a) shall be conclusive, absent   manifest error.          (b)   Failure to Satisfy Conditions Precedent.  If any Super Priority Lender   makes available to the Super Priority Agent funds for any Loan to be made by such Super   Priority Lender as provided in the foregoing provisions of this Article II (so long as such   funds have not been deposited into the Agent Controlled Account, Interest Account or   Operating Account (or otherwise used or made available to the Loan Parties)), and the   Super Priority Agent subsequently determines that the conditions to the Credit Extension   set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the                                       30   502181848 v5 1205867.00001  

 

    Super Priority Agent shall return such funds (in like funds as received from such Super  Priority Lender) to such Super Priority Lender, without interest.         (c)   Obligations of Super Priority Lenders Several.  The obligations of the   Super Priority Lenders hereunder to make Loans and to make payments pursuant to   Section 10.4(c) are several and not joint or joint and several.  The failure of any Super   Priority Lender to make any Loan, to fund any such participation or to make any payment   under Section 10.4(c) on any date required hereunder shall not relieve any other Super   Priority Lender of its corresponding obligation to do so on such date, and no Super   Priority Lender shall be responsible for the failure of any other Super Priority Lender to   so make its Loan, to purchase its participation or to make its payment under Section   10.4(c).          2.13  Sharing of Payments by Super Priority Lenders.  If any Super Priority   Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain  payment in respect of any principal of or interest on any of its Loans or other obligations   hereunder resulting in such Super Priority Lender receiving payment of a proportion of   the aggregate amount of its Loans and accrued interest thereon or other such obligations   (other than pursuant to Sections 3.1, 3.4, or 10.4) greater than its pro rata share thereof as   provided herein, then the Super Priority Lender receiving such greater proportion shall   (a) notify the Super Priority Agent of such fact and (b) purchase (for cash at face value)   participations in the Loans and such other obligations of the other Super Priority Lenders,   or make such other adjustments as shall be equitable, so that the benefit of all such   payments shall be shared by the Super Priority Lenders ratably in accordance with the   aggregate amount of principal of and accrued interest on their respective Loans and other  amounts owing them; provided that:                (i)   if any such participations are purchased and all or any portion of         the payment giving rise thereto is recovered, such participations shall be rescinded         and the purchase price restored to the extent of such recovery, without interest;         and                (ii)  the provisions of this Section shall not be construed to apply to (A)         any payment made by the Borrower pursuant to and in accordance with the         express terms of this Agreement (including the application of funds arising from         the existence of a Defaulting Lender) or (B) any payment obtained by a Super         Priority Lender as consideration for the assignment of or sale of a participation in         any of its Loans to any assignee or participant, other than an assignment to a Loan         Party or any of its Subsidiaries or Affiliates, as to which the provisions of this         Section shall apply.            Each Loan Party consents to the foregoing and agrees, to the extent it may   effectively do so under applicable Law, that any Super Priority Lender acquiring a   participation pursuant to the foregoing arrangements may exercise against such Loan   Party rights of setoff and counterclaim with respect to such participation as fully as if  such Super Priority Lender were a direct creditor of such Loan Party in the amount of   such participation.                                       31   502181848 v5 1205867.00001  

 

         2.14  Defaulting Lenders.         (a)   Adjustments.  Notwithstanding anything to the contrary contained in this  Agreement, if any Super Priority Lender becomes a Defaulting Lender, then, until such  time as that Super Priority Lender is no longer a Defaulting Lender, to the extent  permitted by applicable Law:               (i)   Waivers and Amendments.  Such Defaulting Lender’s right to        approve or disapprove any amendment, waiver or consent with respect to this        Agreement shall be restricted as set forth in Section 10.1 and in the definition of        “Required Super Priority Lenders”.               (ii)  Defaulting Lender Waterfall.  Any payment of principal, interest,        fees or other amounts received by the Super Priority Agent for the account of such        Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to        Article VIII or otherwise) or received by the Super Priority Agent from a        Defaulting Lender pursuant to Section 10.8 shall be applied at such time or times        as may be determined by the Super Priority Agent as follows: first, to the payment        of any amounts owing by such Defaulting Lender to the Super Priority Agent        hereunder; second, as the Borrower may request (so long as no Default exists), to        the funding of any Loan in respect of which such Defaulting Lender has failed to        fund its portion thereof as required by this Agreement, as determined by the Super        Priority Agent; third, if so determined by the Super Priority Agent and the        Borrower, to be held in a deposit account and released pro rata in order to satisfy        such Defaulting Lender’s potential future funding obligations with respect to       Loans under this Agreement; fourth, to the payment of any amounts owing to the        Super Priority Lenders as a result of any judgment of a court of competent        jurisdiction obtained by any Super Priority Lender against such Defaulting Lender        as a result of such Defaulting Lender’s breach of its obligations under this        Agreement; fifth, so long as no Default exists, to the payment of any amounts        owing to the Borrower as a result of any judgment of a court of competent        jurisdiction obtained by the Borrower against such Defaulting Lender as a result        of such Defaulting Lender’s breach of its obligations under this Agreement; and        sixth, to such Defaulting Lender or as otherwise directed by a court of competent        jurisdiction; provided that if (A) such payment is a payment of the principal        amount of any Loans in respect of which such Defaulting Lender has not fully       funded its appropriate share and (B) such Loans were made at a time when the       conditions set forth in Section 4.2 were satisfied or waived, such payment shall be        applied solely to pay the Loans of all Non-Defaulting Lenders on a pro rata basis        prior to being applied to the payment of any Loans of such Defaulting Lender        until such time as all Loans are held by the Super Priority Lenders pro rata in        accordance with the Commitments on the Closing Date.  Any payments,        prepayments or other amounts paid or payable to a Defaulting Lender shall be        deemed paid to and redirected by such Defaulting Lender, and each Super Priority        Lender irrevocably consents hereto.                                        32  502181848 v5 1205867.00001  

 

         (b)   Defaulting Lender Cure.  If the Borrower and the Super Priority Agent  agree in writing that a Super Priority Lender is no longer a Defaulting Lender, the Super  Priority 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, that Super Priority  Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of  the other Super Priority Lenders or take such other actions as the Super Priority Agent  may determine to be necessary to cause the Loans to be held on a pro rata basis by the  Super Priority Lenders in accordance with their Applicable Percentages, whereupon such  Super Priority Lender will cease to be a Defaulting Lender; provided that no adjustments  will be made retroactively with respect to fees accrued or payments made by or on behalf  of the Borrower while that Super Priority 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 Super Priority Lender will constitute a  waiver or release of any claim of any party hereunder arising from that Super Priority  Lender’s having been a Defaulting Lender.                                 ARTICLE III                TAXES, YIELD PROTECTION AND ILLEGALITY         3.1   Taxes.           (a)   Defined Terms.  For purposes of this Section 3.1, the term “applicable  Law” includes FATCA.         (b)   Payments Free of Taxes.  Any and all payments by or on account of any  obligation of any Loan Party under any Super Priority Loan Document shall be made  without deduction or withholding for any Taxes, except as required by applicable Law.  If  any applicable Law (as determined in the good faith discretion of an applicable  Withholding Agent) requires the deduction or withholding of any Tax from any such  payment by a Withholding Agent, then the applicable Withholding Agent shall be  entitled to make such deduction or withholding and shall timely pay the full amount  deducted or withheld to the relevant Governmental Authority in accordance with  applicable Law and, if such Tax is an Indemnified Tax, then the sum payable by the  applicable Loan Party shall be increased as necessary so that after such deduction or  withholding has been made (including such deductions and withholdings applicable to  additional sums payable under this Section 3.1) the applicable Recipient receives an  amount equal to the sum it would have received had no such deduction or withholding  been made.         (c)   Payment of Other Taxes by the Loan Parties.  The Loan Parties shall  timely pay to the relevant Governmental Authority in accordance with applicable Law, or  at the option of the Super Priority Agent timely reimburse it for the payment of, any  Other Taxes.         (d)   Indemnification by the Loan Parties.  The Loan Parties shall jointly and  severally indemnify each Recipient, within 10 days after demand therefor, for the full  amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on                                      33  502181848 v5 1205867.00001  

 

    or attributable to amounts payable under this Section 3.1) 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 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 Super Priority Lender (with a copy to the Super  Priority Agent), or by the Super Priority Agent on its own behalf or on behalf of a Super  Priority Lender, shall be conclusive absent manifest error.         (e)   Indemnification by the Super Priority Lenders.  Each Super Priority   Lender shall severally indemnify the Super Priority Agent, within 10 days after demand   therefor, for (i) any Indemnified Taxes attributable to such Super Priority Lender (but   only to the extent that a Loan Party has not already indemnified the Super Priority Agent   for such Indemnified Taxes and without limiting the obligation of the Loan Parties to do   so), (ii) any Taxes attributable to such Super Priority Lender’s failure to comply with the   provisions of Section 10.6(d) relating to the maintenance of a Participant Register and   (iii) any Excluded Taxes attributable to such Super Priority Lender, in each case, that are   payable or paid by the Super Priority Agent in connection with any Super Priority Loan   Document, 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 Super Priority Lender by the Super Priority Agent shall be conclusive  absent manifest error.  Each Super Priority Lender hereby authorizes the Super Priority  Agent to set off and apply any and all amounts at any time owing to such Super Priority  Lender under any Super Priority Loan Document or otherwise payable by the Super  Priority Agent to the Super Priority Lender from any other source against any amount due  to the Super Priority Agent under this subsection (e).          (f)   Evidence of Payments.  As soon as practicable after any payment of Taxes   by any Loan Party to a Governmental Authority pursuant to this Section 3.1, such Loan   Party shall deliver to the Super Priority 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  Super Priority Agent.         (g)   Status of Super Priority Lenders; Tax Documentation.                  (i)   Any Super Priority Lender that is entitled to an exemption from or         reduction of withholding Tax with respect to payments made under any Super         Priority Loan Document shall deliver to the Borrower and the Super Priority         Agent, at the time or times reasonably requested by the Borrower or the Super         Priority Agent, such properly completed and executed documentation prescribed         by applicable Law or reasonably requested by the Borrower or the Super Priority         Agent as will permit such payments to be made without withholding or at a         reduced rate of withholding.  In addition, any Super Priority Lender, if reasonably         requested by the Borrower or the Super Priority Agent, shall deliver such other         documentation prescribed by applicable Law or reasonably requested by the                                       34   502181848 v5 1205867.00001  

 

         Borrower or the Super Priority Agent as will enable the Borrower or the Super        Priority Agent to determine whether or not such Super Priority Lender is subject       to backup withholding or information reporting requirements.  Notwithstanding       anything to the contrary in the preceding two sentences, the completion, execution       and submission of such documentation (other than such documentation set forth       in Sections 3.1(g)(ii)(A), (g)(ii)(B) and (g)(ii)(D) below) shall not be required if in        the Super Priority Lender’s reasonable judgment such completion, execution or        submission would subject such Super Priority Lender to any material        unreimbursed cost or expense or would materially prejudice the legal or        commercial position of such Super Priority Lender.               (ii)  Without limiting the generality of the foregoing, in the event that        the Borrower is a U.S. Person,                     (A)   any Super Priority Lender that is a U.S. Person shall deliver              to the Borrower and the Super Priority Agent on or prior to the date on              which such Super Priority Lender becomes a Super Priority Lender under              this Agreement (and from time to time thereafter as prescribed by              applicable Law or upon the reasonable request of the Borrower or the              Super Priority Agent), executed copies of IRS Form W-9 certifying that              such Super Priority Lender is exempt from U.S. Federal backup              withholding tax;                     (B)   any Foreign Super Priority Lender shall, to the extent it is              legally entitled to do so, deliver to the Borrower and the Super Priority              Agent (in such number of copies as shall be requested by the recipient) on              or prior to the date on which such Foreign Super Priority Lender becomes              a Super Priority Lender under this Agreement (and from time to time             thereafter as prescribed by applicable Law or upon the reasonable request             of the Borrower or the Super Priority Agent), whichever of the following              is applicable:                           (1)    in the case of a Foreign Super Priority 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                    Super Priority Loan Document, executed copies of IRS Form W-                   8BEN-E (or W-8BEN, as applicable) 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 Super Priority Loan Document,                    IRS Form W-8BEN-E (or W-8BEN, as applicable) 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;                            (2)    executed copies of IRS Form W-8ECI;                                        35  502181848 v5 1205867.00001  

 

                           (3)    in the case of a Foreign Super Priority 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 D-1 to the effect that such Foreign Super Priority                    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 copies of                    IRS Form W-8BEN-E (or W-8BEN, as applicable); or                           (4)    to the extent a Foreign Super Priority Lender is                    not the beneficial owner, executed copies of IRS Form W-8IMY,                    accompanied by IRS Form W-8ECI, IRS Form W-8BEN-E (or W-                   8BEN, as applicable), a U.S. Tax Compliance Certificate                    substantially in the form of Exhibit D-2 or Exhibit D-3, IRS Form                    W-9, and/or other certification documents from each beneficial                   owner, as applicable; provided that if the Foreign Super Priority                    Lender is a partnership and one or more direct or indirect partners                   of such Foreign Super Priority Lender are claiming the portfolio                    interest exemption, such Foreign Super Priority Lender may                   provide a U.S. Tax Compliance Certificate substantially in the                   form of Exhibit D-4 on behalf of each such direct and indirect                    partner;                     (C)   any Foreign Super Priority Lender shall, to the extent it is              legally entitled to do so, deliver to the Borrower and the Super Priority              Agent (in such number of copies as shall be requested by the recipient) on              or prior to the date on which such Foreign Super Priority Lender becomes              a Super Priority Lender under this Agreement (and from time to time             thereafter upon the reasonable request of the Borrower or the Super             Priority Agent), executed copies of any other form prescribed by             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 Super Priority Agent to determine the             withholding or deduction required to be made; and                    (D)   if a payment made to a Super Priority Lender under any             Super Priority Loan Document would be subject to U.S. Federal             withholding Tax imposed by FATCA if such Super Priority Lender were             to fail to comply with the applicable reporting requirements of FATCA             (including those contained in Section 1471(b) or 1472(b) of the Code, as             applicable), such Super Priority Lender shall deliver to the Borrower and             the Super Priority Agent at the time or times prescribed by Law and at             such time or times reasonably requested by the Borrower or the Super             Priority Agent such documentation prescribed by applicable Law                                      36  502181848 v5 1205867.00001  

 

                 (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such               additional documentation reasonably requested by the Borrower or the              Super Priority Agent as may be necessary for the Borrower and the Super              Priority Agent to comply with their obligations under FATCA and to               determine that such Super Priority Lender has complied with such Super               Priority 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 Super Priority 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        Super Priority Agent in writing of its legal inability to do so.         (h)   Treatment of Certain Refunds.  If any party determines, in its sole   discretion exercised in good faith, that it has received a refund of any Taxes as to which it   has been indemnified pursuant to this Section 3.1 (including by the payment of additional   amounts pursuant to this Section 3.1), it shall pay to the indemnifying party an amount   equal to such refund (but only to the extent of indemnity payments made under this   Section with respect to the Taxes giving rise to such refund), net of all out-of-pocket   expenses (including Taxes) of such indemnified party and without interest (other than any   interest paid by the relevant Governmental Authority with respect to such refund).  Such   indemnifying party, upon the request of such indemnified party, shall repay to such   indemnified party the amount paid over pursuant to this subsection (h) (plus any   penalties, interest or other charges imposed by the relevant Governmental Authority) in   the event that such indemnified party is required to repay such refund to such   Governmental Authority.  Notwithstanding anything to the contrary in this subsection (h),   in no event will the indemnified party be required to pay any amount to an indemnifying   party pursuant to this subsection (h) the payment of which would place the indemnified   party in a less favorable net after-Tax position than the indemnified party would have   been in if the Tax subject to indemnification and giving rise to such refund had not been   deducted, withheld or otherwise imposed and the indemnification payments or additional   amounts with respect to such Tax had never been paid.  This subsection (h) shall not be   construed to require any indemnified party to make available its Tax returns (or any other   information relating to its Taxes that it deems confidential) to the indemnifying party or   any other Person.          (i)   Survival.  Each party’s obligations under this Section 3.1 shall survive the   resignation or replacement of the Super Priority Agent or any assignment of rights by, or  the replacement of, a Super Priority Lender, the termination of the Commitments and the  repayment, satisfaction or discharge of all other Obligations.         3.2   [Reserved].           3.3   [Reserved].                                          37   502181848 v5 1205867.00001  

 

           3.4   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         Super Priority Lender (except any reserve requirement contemplated by         Section 3.4(e));                (ii)  subject any Recipient to any Taxes (other than (A) Indemnified         Taxes, (B) Taxes described in clauses (b) through (d) of the definition of         Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal,         letters of credit, commitments, or other obligations, or its deposits, reserves, other         liabilities or capital attributable thereto; or                (iii) impose on any Super Priority Lender any other condition, cost or         expense (other than Taxes) affecting this Agreement or Loans made by such         Super Priority Lender;    and the result of any of the foregoing shall be to increase the cost to such Super Priority   Lender or such other Recipient of making, converting to, continuing or maintaining any   Loan or of maintaining its obligation to make any such Loan, or to reduce the amount of   any sum received or receivable by such Super Priority Lender or such other Recipient   hereunder (whether of principal, interest or any other amount) then, upon request of such   Super Priority Lender or such other Recipient, the Borrower will pay to such Super   Priority Lender or such other Recipient, as the case may be, such additional amount or  amounts as will compensate such Super Priority Lender or such other Recipient, as the  case may be, for such additional costs incurred or reduction suffered.         (b)   Capital Requirements.  If any Super Priority Lender determines that any   Change in Law affecting such Super Priority Lender or any Lending Office of such Super   Priority Lender or such Super Priority Lender’s holding company, if any, regarding  capital or liquidity requirements has or would have the effect of reducing the rate of  return on such Super Priority Lender’s capital or on the capital of such Super Priority  Lender’s holding company, if any, as a consequence of this Agreement, the  Commitments of such Super Priority Lender or the Loans made by such Super Priority  Lender to a level below that which such Super Priority Lender or such Super Priority  Lender’s holding company could have achieved but for such Change in Law (taking into  consideration such Super Priority Lender’s policies and the policies of such Super  Priority Lender’s holding company with respect to capital adequacy), then from time to  time the Borrower will pay to such Super Priority Lender, as the case may be, such  additional amount or amounts as will compensate such Super Priority Lender or such  Super Priority Lender’s holding company for any such reduction suffered.          (c)   Certificates for Reimbursement.  A certificate of a Super Priority Lender   setting forth the amount or amounts necessary to compensate such Super Priority Lender                                       38   502181848 v5 1205867.00001  

 

    or its holding company, as the case may be, as specified in subsections (a) or (b) of this   Section and delivered to the Borrower, shall be conclusive absent manifest error.  The   Borrower shall pay such Super Priority Lender the amount shown as due on any such   certificate within 10 days after receipt thereof.          (d)   Delay in Requests.  Failure or delay on the part of any Super Priority   Lender to demand compensation pursuant to the foregoing provisions of this Section 3.4   shall not constitute a waiver of such Super Priority Lender’s right to demand such   compensation; provided that the Borrower shall not be required to compensate a Super   Priority Lender pursuant to this Section for any increased costs incurred or reductions   suffered more than nine months prior to the date that such Super Priority Lender notifies   the Borrower of the Change in Law giving rise to such increased costs or reductions and   of such Super Priority Lender’s intention to claim compensation therefor (except that, if   the Change in Law giving rise to such increased costs or reductions is retroactive, then   the nine-month period referred to above shall be extended to include the period of   retroactive effect thereof).          3.5   [Reserved].            3.6   Mitigation Obligations; Replacement of Super Priority Lenders.            (a)   Designation of a Different Lending Office.  If any Super Priority Lender   requests compensation under Section 3.4, or requires the Borrower to pay any   Indemnified Taxes or additional amounts to any Super Priority Lender or any   Governmental Authority for the account of any Super Priority Lender pursuant to Section   3.1, then such Super Priority Lender shall (at the request of the Borrower) 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 Super Priority Lender, such designation or   assignment (i) would eliminate or reduce amounts payable pursuant to Section 3.1 or 3.4,   as the case may be, in the future and (ii) in each case, would not subject such Super  Priority Lender to any unreimbursed cost or expense and would not otherwise be  disadvantageous to such Super Priority Lender.  The Borrower hereby agrees to pay all  reasonable costs and expenses incurred by any Super Priority Lender in connection with  any such designation or assignment.         (b)   If any Super Priority Lender requests compensation under Section 3.4, or   if the Borrower is required to pay any Indemnified Taxes or additional amounts to any   Super Priority Lender or any Governmental Authority for the account of any Super   Priority Lender pursuant to Section 3.1, and in each case, such Super Priority Lender has   declined or is unable to designate a different lending office in accordance with Section   3.6(a), or if any Super Priority Lender is a Defaulting Lender or a Non-Consenting   Lender, then the Borrower may, at its sole expense and effort, upon notice to such Super   Priority Lender and the Super Priority Agent, require such Super Priority Lender to   assign and delegate, without recourse (in accordance with and subject to the restrictions  contained in, and consents required by, Section 10.6), all of its interests, rights (other than   its existing rights to payments pursuant to Sections 3.1 and 3.4) and obligations under this                                       39   502181848 v5 1205867.00001  

 

    Agreement and the related Super Priority Loan Documents to an Eligible Assignee that  shall assume such obligations (which assignee may be another Super Priority Lender, if a   Super Priority Lender accepts such assignment); provided that:                (i)   the Borrower shall have paid to the Super Priority Agent the         assignment fee (if any) specified in Section 10.6(b)(iv);                (ii)  such Super Priority Lender shall have received payment of an         amount equal to the outstanding principal of its Loans, accrued interest thereon,         accrued fees and all other amounts payable to it hereunder and under the other         Super Priority Loan Documents 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);                (iii) in the case of any such assignment resulting from a claim for         compensation under Section 3.4 or payments required to be made pursuant to         Section 3.1, such assignment will result in a reduction in such compensation or         payments thereafter;                (iv)  such assignment does not conflict with applicable Law; and                (v)   in the case of an assignment resulting from a Super Priority Lender         becoming a Non-Consenting Lender, the applicable assignee shall have consented         to the applicable amendment, waiver or consent.    A Super Priority Lender shall not be required to make any such assignment or delegation   if, prior thereto, as a result of a waiver by such Super Priority Lender or otherwise, the   circumstances entitling the Borrower to require such assignment and delegation cease to   apply.             3.7   Survival.  All of the Borrower’s obligations under this Article III shall   survive termination of the Commitments, repayment of all other Obligations hereunder,   and resignation of the Super Priority Agent.                                  ARTICLE IV               CONDITIONS PRECEDENT TO CREDIT EXTENSIONS          4.1   Conditions of Initial Credit Extensions.  The effectiveness of this   Agreement and the obligation of each Super Priority Lender to make its Loan hereunder  are subject to the satisfaction of the following conditions precedent:         (a)   Documentation.  The Super Priority Agent shall have received, in form   and substance reasonably satisfactory to the Super Priority Agent and each Super Priority   Lender, each of the following, duly executed and acknowledged where appropriate by all   parties thereto:                (i)   this Agreement, a Note in favor of each Super Priority Lender         requesting a Note, the Guaranty and Security Agreement, the Pledge Agreement,                                       40   502181848 v5 1205867.00001  

 

         a Loan Notice, and all other Super Priority Loan Documents required by Super        Priority Agent and Super Priority Lenders;               (ii)  an amendment of the Existing Credit Agreement and a        reaffirmation and omnibus amendment of certain of the Loan Documents (as        defined in the Existing Credit Agreement);               (iii) a Subordination Agreement in respect of the Indebtedness        evidenced by the Existing Credit Agreement (the “Existing Loan Subordination        Agreement”);                (iv)  a certificate from the Chief Restructuring Officer of Parent and        Borrower certifying (A) that the representations and warranties of each Loan        Party contained in Article V and of each Loan Party contained in each other Super        Priority Loan Document are true and correct in all material respects (or, in the        case of any such representation and warranty that is subject to materiality or        Material Adverse Effect qualifications, in all respects) on and as of the Closing        Date, (B) that no Default exists as of the Closing Date (other than ongoing       defaults and events of defaults under the Existing Credit Agreement to the extent       such defaults constitute a Default or Event of Default), and no Default shall occur       on the Closing Date as a result of making any Credit Extension on the Closing       Date or from the application of the proceeds thereof and (C) that there has been       no event or circumstance since May 15, 2019 that has had or could be reasonably       expected to have, either individually or in the aggregate, a Material Adverse       Effect;              (v)   a certificate of the Chief Restructuring Officer of Parent and       Borrower (on behalf of each Loan Party) certifying that (A) attached thereto are       true, correct and complete copies of all consents, licenses and approvals required       in connection with the consummation by such Loan Party of the transactions       contemplated hereby and the execution, delivery and performance by such Loan       Party, and the validity against such Loan Party, of the Super Priority Loan       Documents to which it is a party, and that such consents, licenses and approvals       are in full force and effect, (B) such consent, license or approval is subject to the       post-closing requirements of Section 6.20 or (C) no such consents, licenses or        approvals are so required;               (vi)  a certificate of a Senior Officer of each Loan Party certifying as to        the incumbency and genuineness of the signature of each officer of such Loan        Party executing Super Priority Loan Documents to which it is a party and        certifying that attached thereto are true, correct and complete copies of (A) the        Organization Documents of such Loan Party (which, in the case of the articles or        certificate of incorporation or formation (or equivalent), shall be certified as of a        recent date by the appropriate Governmental Authority in its jurisdiction of        incorporation, organization or formation (or equivalent), as applicable), (B)        resolutions duly adopted by the board of directors (or other governing body) of        such Loan Party authorizing and approving the transactions contemplated                                      41  502181848 v5 1205867.00001  

 

         hereunder and the execution, delivery and performance of this Agreement and the        other Super Priority Loan Documents to which it is a party and (C) certificates as        of a recent date of the good standing of such Loan Party under the Laws of its        jurisdiction of incorporation, organization or formation (or equivalent), as        applicable, and, to the extent requested by the Super Priority Agent, each other        jurisdiction where such Loan Party is qualified to do business and, to the extent       available, a certificate of the relevant taxing authorities of such jurisdictions       certifying that such Loan Party has filed required tax returns and owes no       delinquent taxes; and              (vii) favorable opinions of counsel to the Loan Parties addressed to the       Super Priority Agent and the Super Priority Lenders with respect to the Loan       Parties, the Super Priority Loan Documents and such other matters as the Super       Priority Agent shall request (which such opinions shall expressly permit reliance       by permitted successors and assigns of the Super Priority Agent and the Super       Priority Lenders).        (b)   Personal Property Collateral Matters.  Subject to Section 6.20, the Super  Priority Agent shall have received, in form and substance satisfactory to the Super  Priority Agent, each of the following:                (i)   all filings and recordations that are necessary to perfect the security       interests of the Super Priority Agent, on behalf of the Secured Parties, in the       personal property Collateral and evidence reasonably satisfactory to the Super        Priority Agent that upon such filings and recordations such security interests        constitute valid and perfected first priority Liens thereon (subject to Permitted        Liens);               (ii)  (A) original stock certificates or other certificates evidencing the       certificated Equity Interests pledged pursuant to the Pledge Agreement, together       with an undated stock power for each such certificate duly executed in blank by       the registered owner thereof and (B) subject to Section 6.20(a), each original        promissory note pledged pursuant to the Guaranty and Security Agreement,        together with an undated allonge for each such promissory note duly executed in        blank by the holder thereof; provided that to the extent any items under this clause        (ii) have been delivered to the Existing Administrative Agent such items shall be        deemed to be delivered hereunder;               (iii) such deposit account control agreements and such securities        account control agreements required or requested to be delivered to the Super        Priority Agent on the Closing Date pursuant to the terms of Guaranty and Security        Agreement (other than for any Excluded Account and any account subject to a        control agreement in favor of the Existing Administrative Agent), in each case        duly executed by the appropriate parties;               (iv)  the results of lien searches (including as to UCC filings,        Intellectual Property filings, judgments, pending litigation, bankruptcy and tax                                      42  502181848 v5 1205867.00001  

 

           matters) made against each Loan Party, indicating among other things that the         assets of each Loan Party shall be free and clear of any Lien (except for Permitted         Liens); and                (v)   evidence that all insurance required to be maintained pursuant to         the Super Priority Loan Documents has been obtained and is in effect, together         with the certificates of insurance and (subject to Section 6.20(d)) endorsements to         policies, naming the Super Priority Agent, on behalf of the Secured Parties, as an         additional insured or lender loss payee and mortgagee, as the case may be, under         all insurance policies (including flood insurance policies sufficient to meet the         Flood Requirement Satisfaction with respect to any owned real property, solely to         the extent required under applicable Law) maintained with respect to the assets         and properties of the Loan Parties that constitutes Collateral.          (c)   Financial Matters.  The Super Priority Agent shall have received (i) an   Approved Budget, (ii) the Baseline Financial Statements and (iii) the unaudited   consolidated financial statements of Parent and its Subsidiaries, giving effect to all   transactions contemplated hereunder, and forecasts prepared by management of Parent,   each in form reasonably satisfactory to the Super Priority Lenders, of balance sheets,   income statements and cash flow statements, with the forecasts being prepared on a   quarterly basis through December 31, 2019.          (d)   PATRIOT Act, etc.  Each Loan Party shall have provided to the Super   Priority Agent and the Super Priority Lenders the documentation and other information   requested by the Super Priority Agent and the Super Priority Lenders in order to comply   with requirements of the PATRIOT Act, applicable “know your customer”, the   Beneficial Ownership Regulation, and anti-money laundering rules and regulations.          (e)   Payment of Fees and Expenses.  The Borrower shall have paid, or made   arrangements to pay concurrently with the closing on the Closing Date, (i) to the Super  Priority Agent and the Super Priority Lenders the fees set forth under the Fee Letter,  (ii) all fees, charges and disbursements of counsel to the Super Priority Agent and any  financial advisor to the Super Priority Agent (directly to such counsel or financial advisor  if requested by the Super Priority Agent) to the extent invoiced one Business Day prior to  the Closing Date, plus such additional amounts of such fees, charges and disbursements  as shall constitute its reasonable estimate of such fees, charges and disbursements  incurred or to be incurred by it through the closing proceedings (provided that such   estimate shall not thereafter preclude a final settling of accounts between the Borrower   and the Super Priority Agent) and (iii) to any other Person such amount as may be due   thereto in connection with the transactions contemplated hereby, including all taxes, fees   and other charges in connection with the execution, delivery, recording, filing and   registration of any of the Super Priority Loan Documents.          (f)   Funding by the Super Priority Lenders.  Each of the Super Priority   Lenders shall have funded its Loan in an amount equal to such Super Priority Lender’s   Commitment in accordance with Section 2.1(a).                                          43   502181848 v5 1205867.00001  

 

           (g)   Funding Of Legal Retainer Account and Financial Consultant Retainer   Account. The Legal Retainer Account shall be funded with $150,000 and the Financial   Consultant Retainer Account shall be funded with $150,000.          (h)   List of Retainers.  The Borrower shall have provided the Super Priority   Agent with a list of all retainers in excess of $25,000 paid to professionals for the period   of three months prior to the Closing Date, detailing (x) the party that received such   retainer, (y) the date such retainer was paid and (z) the amount of such retainer.          (i)   Collateral Questionnaire.  The Loan Parties shall have provided the Super   Priority Agent with a Collateral Questionnaire dated as of the Closing Date, executed by  each of the Loan Parties and certified by the Chief Restructuring Officer as true and  correct in all material respects.           (j)   Other Deliverables.  The Super Priority Agent shall have received any   other information and deliverables that the Super Priority Agent shall have requested in  writing to the Borrower and Borrower’s counsel as a condition to closing this Agreement,  prior to the Closing Date.   Without limiting the generality of the provisions of Section 9.3, for purposes of   determining compliance with the conditions specified in this Section 4.1, each Super   Priority Lender that has signed this Agreement shall be deemed to have consented to,   approved or accepted or to be satisfied with, each document or other matter required   thereunder to be consented to or approved by or acceptable or satisfactory to a Super   Priority Lender unless the Super Priority Agent shall have received notice from such  Super Priority Lender prior to the proposed Closing Date specifying its objection thereto.         4.2   Conditions to All Credit Extensions .  The obligation of each Super   Priority Lender to make any Loan hereunder are subject to the satisfaction of the   following conditions precedent on the relevant date such Loan is made:          (a)   Bring-down of Representations and Warranties.  The representations and   warranties of each Loan Party contained in Article V and of each Loan Party contained in   each other Super Priority Loan Document shall be true and correct in all material respects   (or, in the case of any such representation and warranty that is subject to materiality or   Material Adverse Effect qualifications, in all respects) on and as of the date such Loan is   made except to the extent that such representations and warranties specifically refer to an   earlier date, in which case they shall be true and correct in all material respects (or, in the   case of any such representation and warranty that is subject to materiality or Material   Adverse Effect qualifications, in all respects) as of such earlier date.           (b)   No Default.  Other than ongoing defaults and events of defaults under the   Existing Credit Agreement to the extent such defaults constitute a Default or an Event of   Default, no Default shall exist as of the date such Loan is made and no Default shall   occur on such date as a result of making such Loan or from the application of the  proceeds thereof.                                        44   502181848 v5 1205867.00001  

 

           The submission by the Borrower of a Loan Notice with respect to the Credit   Extension on the Closing Date shall be deemed to be a representation and warranty by the  Borrower that the conditions set forth in Sections 4.2(a) and (b) will be satisfied on and   as of the relevant date such Loan is made and the making of such Loan shall be deemed   to be a representation and warranty by the Borrower that the conditions set forth in   Sections 4.2(a) and (b) are satisfied on and as of such date.                                   ARTICLE V                    REPRESENTATIONS AND WARRANTIES          The Loan Parties, jointly and severally, represent and warrant to the Super   Priority Agent and the Super Priority Lenders, as of the Closing Date, on the date of each   Disbursement Request and (to the extent expressly provided herein or in any other Super   Priority Loan Document) thereafter that:          5.1   Existence, Qualification and Power.  Section 5.1 of the Existing Credit   Agreement is hereby incorporated herein by reference mutatis mutandis.            5.2   Authorization; No Contravention.  Section 5.2 of the Existing Credit   Agreement is hereby incorporated herein by reference mutatis mutandis.            5.3   Governmental Authorization; Other Consents.  Section 5.3 of the Existing   Credit Agreement is hereby incorporated herein by reference mutatis mutandis.            5.4   Binding Effect.  Section 5.4 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.            5.5   Financial Statements; No Material Adverse Effect.            (a)   Section 5.5(a) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis.            (b)   Since May 15, 2019, there has been no event or circumstance, either  individually or in the aggregate, that has had or could reasonably be expected to have a  Material Adverse Effect.         (c)   Section 5.5(c) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis.         (d)   Section 5.5(d) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis.          5.6   Litigation.  There are no actions, suits, proceedings, claims or disputes   pending or, to the knowledge of the Borrower after due and diligent investigation,   threatened in writing, at law, in equity, in arbitration or before any Governmental  Authority, by or against any Loan Party or any Subsidiary thereof or against any of their  respective properties or revenues that (a) purport to affect or pertain to this Agreement,  any other Super Priority Loan Document or the consummation of the transactions                                       45   502181848 v5 1205867.00001  

 

    contemplated hereby, (b) except as specifically disclosed in Schedule 5.6 of the   Disclosure Schedules (the “Disclosed Litigation”), would reasonably be expected to   result in monetary judgment(s) or relief, individually or in the aggregate, in excess of   $1,000,000, and there has been no material adverse change in the status of the Disclosed   Litigation, nor any material adverse change in the financial effect on any Loan Party or   any Subsidiary thereof as a result of such matters or (c) seek an injunction or other   equitable relief which would reasonably be expected to have a Material Adverse Effect.    No injunction, writ, temporary restraining order or any order of any nature has been   issued by any court or other Governmental Authority purporting to enjoin or restrain the   execution, delivery or performance of this Agreement, any other Super Priority Loan   Document, or directing that the transactions provided for herein or therein not be   consummated as herein or therein provided.  As of the Closing Date, no Loan Party or   any Subsidiary of any Loan Party is the subject of an audit or, to each Loan Party's   knowledge, any review or investigation by any Governmental Authority (excluding the   IRS and other taxing authorities) concerning the violation or possible violation of any   Law the failure to comply with which could reasonably be expected to result in a   Material Adverse Effect.          5.7   No Default.  Other than ongoing defaults and events of default under the   Existing Credit Agreement, neither any Loan Party nor any Subsidiary thereof is in   default under or with respect to, or a party to, any Contractual Obligation that could,   either individually or in the aggregate, reasonably be expected to have a Material Adverse   Effect.  No Default has occurred and is continuing or would result from the   consummation of the transactions contemplated by this Agreement or any other Super   Priority Loan Document.          5.8   Title to Property; Real Property Matters and Permits.  Section 5.8 of the   Existing Credit Agreement is hereby incorporated herein by reference mutatis mutandis.            5.9   Environmental Compliance.  Section 5.9 of the Existing Credit Agreement   is hereby incorporated herein by reference mutatis mutandis.            5.10  Tax Matters.  Except as otherwise set forth in Schedule 5.10 of the   Disclosure Schedules each of the Loan Parties and their respective Subsidiaries has   timely filed all income and all other material tax returns and reports required to be filed   and has timely paid all income and all material state and other Taxes (in each case   whether or not shown on a tax return), including in its capacity as a withholding agent,   levied or imposed upon it or its properties, income or assets otherwise due and payable,  except those which are being contested in good faith by appropriate proceedings   diligently conducted and for which adequate reserves have been provided in accordance   with GAAP; provided that, Hermann Drive Surgical Hospital, LP is unable to obtain a   statement of Franchise Tax Account Status, obtained through the website of the Office of   the Comptroller of Public Accounts of Texas showing that Hermann Drive Surgical   Hospital, LP’s right to transact business in Texas is “Active”.  Except as otherwise set   forth in Schedule 5.10 of the Disclosure Schedules, there is no material tax assessment   proposed in writing or other written claim against, and no material tax audit (except for   the tax years 2013 and 2014) with respect to, any Loan Party or any Subsidiary thereof.                                        46   502181848 v5 1205867.00001  

 

    Neither any Loan Party nor any Subsidiary has participated in a “listed transaction”   within the meaning of Treasury Regulation Section l.6011-4(b)(2).            5.11  ERISA Compliance.  Section 5.11 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.            5.12   Ownership of Loan Parties and Subsidiaries.  Section 5.12 of the Existing   Credit Agreement is hereby incorporated herein by reference mutatis mutandis.            5.13  Investment Company Act; Margin Stock.            (a)   Section 5.13(a) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis.           (b)   Neither the Borrower nor any Subsidiary is engaged principally or as one  of its important activities in the business of purchasing or carrying margin stock (within  the meaning of Regulation U issued by the Federal Reserve Board) or extending credit  for the purpose of purchasing or carrying margin stock.  Following the application of the   proceeds of each Disbursement, not more than 25% of the value of the assets (either of   the Borrower only or of Parent and its Subsidiaries on a consolidated basis) subject to the   provisions of Section 7.1 or Section 7.5 or subject to any restriction contained in any   agreement or instrument between the Borrower and any Super Priority Lender or any   Affiliate of any Super Priority Lender relating to Indebtedness and within the scope of   Section 8.1(e) will be margin stock.            5.14  Disclosure.  Section 5.14 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.            5.15  Compliance with Laws.  Section 5.15 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.            5.16  Intellectual Property Matters.  Section 5.16 of the Existing Credit   Agreement is hereby incorporated herein by reference mutatis mutandis.              5.17  [Reserved].            5.18  Casualty, Etc.  Section 5.18 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.            5.19  Anti-Corruption Laws and Sanctions.  Section 5.19 of the Existing Credit   Agreement is hereby incorporated herein by reference mutatis mutandis.            5.20  Labor Matters.  Section 5.20 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.            5.21  Healthcare Matters.  Section 5.21 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.                                          47   502181848 v5 1205867.00001  

 

           5.22  Regulated Entities.  Section 5.22 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.            5.23  Deposit Accounts and Other Accounts.  Section 5.23 of the Existing   Credit Agreement is hereby incorporated herein by reference mutatis mutandis.            5.24  Bonding.  Section 5.24 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.            5.25  Status of Parent and Holdings.            (a)   Parent does not engage in any business activities and does not own any  Collateral other than (i) ownership of the Equity Interests of Holdings and other de  minimis assets (including Intellectual Property) associated with its ownership of  Holdings, in each case pledged to the Secured Parties under a Collateral Document and  pledged to secure the Indebtedness under the Existing Credit Agreement, (ii) activities   and contractual rights incidental to maintenance of its corporate existence, (iii)  performance of its obligations under the Super Priority Loan Documents to which it is a   party and the Loan Documents (as defined in the Existing Credit Agreement) to which it   is a party, (iv) as a tenant under the lease for real property located at 5920 Forest Park   Drive, Suite 700, Dallas, Texas 75235, (v) as a tenant under the lease for real property   located at 4120 Southwest Freeway, Houston, Texas 77027, (vi) as a party to   employment contracts of employees of Parent or the Borrower, (vii) as a party to   customary documents in connection with any permitted issuance of Equity Interests or   Indebtedness, (viii) as a party to joint venture master agreements with respect to joint   ventures in place on the Closing Date (but with respect to which Parent owns no Equity   Interests and has no material obligations or liabilities), (ix) Contingent Obligations   incurred in the Ordinary Course of Business with respect to operating leases, (x)   customary engagements of investment banks, legal counsel, and other service providers,   (xi) as party to customary insurance contracts, and (xii) customary contractual obligations   and indemnities provided in connection with Acquisitions and other Investments   permitted under this Agreement.          (b)   Holdings does not engage in any business activities and does not own any   Collateral other than (i) ownership of the Equity Interests of Borrower and other de   minimis assets (including Intellectual Property) associated with its ownership of   Borrower, in each case pledged to the Secured Parties under a Collateral Document, (ii)   activities and contractual rights incidental to maintenance of its corporate existence, (iii)   performance of its obligations under the Super Priority Loan Documents to which it is a   party and the Loan Documents (as defined in the Existing Credit Agreement) to which it   is a party, (iv) as a party to employment contracts of employees of Holdings or the   Borrower, (v) Contingent Obligations incurred in the Ordinary Course of Business with   respect to operating leases, (vi) customary engagements of investment banks, legal   counsel, and other service providers, (vii) as party to customary insurance contracts, and   (viii) customary contractual obligations and indemnities provided in connection with   Acquisitions and other Investments permitted under this Agreement.                                          48   502181848 v5 1205867.00001  

 

           5.26  Brokers’ Fees; Transaction Fees.  Except as disclosed on Schedule 5.26 of   the Disclosure Schedules, except for fees payable to the Existing Administrative Agent  and Existing Lenders, and except the fees payable to the Super Priority Agent and the  Super Priority Lenders, none of the Loan Parties or any of their respective Subsidiaries   has any obligation to any Person as of the Closing Date in respect of any finder’s,   broker’s or investment banker’s fee in connection with the transactions contemplated   hereby.          5.27  Use of Proceeds.  Section 5.27 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.            5.28  Swap Contracts.  Section 5.28 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.            5.29  Beneficial Ownership Certification.  As of the Closing Date, the   information included in the Beneficial Ownership Certifications for each Loan Party is   true and correct in all respects.                                 ARTICLE VI                         AFFIRMATIVE COVENANTS          At all times from and after the Closing Date and prior to the Termination Date   each Loan Party shall, and shall (except in the case of the covenants set forth in Sections   6.1, 6.2, 6.3 and 6.11) cause each Subsidiary to:          6.1   Financial Statements.  Deliver to the Super Priority Agent:          (a)   as soon as available after the end of each fiscal year, a consolidated   balance sheet of Parent and each of its Subsidiaries as at the end of such fiscal year, and   the related consolidated statements of income or operations, changes in shareholders’   equity and cash flows for such fiscal year, setting forth in each case in comparative form   the figures for the previous fiscal year, prepared in accordance with GAAP, such   consolidated statements to be audited and accompanied by a report and opinion of an   independent certified public accountant, which report and opinion shall be prepared in   accordance with generally accepted auditing standards and certified by the chief   executive officer, chief financial officer, chief accounting officer, treasurer or controller   of Parent to the effect that such statements are fairly stated in all material respects when   considered in relation to the consolidated financial statements of Parent;          (b)   as soon as practicable and in any event within 45 days after the end of   each of the first three fiscal quarters of each fiscal year, an unaudited consolidated   balance sheet of (i) Parent and each its Subsidiaries as at the end of such fiscal quarter   and the related consolidated statements of income or operations, changes in shareholders’   equity and cash flows for such fiscal quarter and for the portion of the fiscal year then   ended, setting forth in each case in comparative form the figures for the corresponding   fiscal quarter of the previous fiscal year and the corresponding portion of the previous   fiscal year, all in reasonable detail and prepared in accordance with GAAP, (subject only   to normal year-end audit adjustments and the absence of footnotes), such consolidated                                       49   502181848 v5 1205867.00001  

 

    statements to be certified by the chief executive officer, chief financial officer, chief   accounting officer, treasurer or controller of Parent as fairly presenting the financial   condition, results of operations, shareholders’ equity and cash flows of Parent and its   Subsidiaries in accordance with GAAP, subject only to normal year-end audit   adjustments and the absence of footnotes, and to the effect that such statements are fairly   stated in all material respects when considered in relation to the consolidated financial   statements of Parent and its Subsidiaries;           (c)   Section 6.1(c) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;         (d)   [Reserved]; and         (e)   Section 6.1(e) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis.   As to any information contained in materials furnished pursuant to Section 6.2(f), the   Borrower shall not be separately required to furnish such information under Sections   6.1(a) or (b) or Section 6.2(a), but the foregoing shall not be in derogation of the   obligation of the Borrower to furnish the information and materials described in Sections   6.1(a) and (b) or Section 6.2(a) at the times specified therein.          6.2   Certificates; Other Information.  Deliver to the Super Priority Agent by   electronic transmission which shall forward to each Super Priority Lender, in form and   detail reasonably satisfactory to the Super Priority Agent:          (a)   concurrently with the delivery of the financial statements referred to in   Sections 6.1(a) and (b), a copy of management’s discussion and analysis with respect to   such financial statements;          (b)   on each Determination Date a certificate in substantially the form of   Exhibit C (the “Super Priority Compliance Certificate”) attaching (i) reports to the Super   Priority Agent evidencing compliance with the financial covenants contained in Section   7.11 and (ii) a comparison of the actual results of the Loan Parties during the most recent   Measurement Period against each line item in the most recent Approved Budget, in each   case certified by the chief financial officer and Chief Restructuring Officer of the   Borrower as true, correct and complete in all material respects;          (c)   Section 6.2(c) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;         (d)   promptly after the furnishing thereof, a copy of any statement or report  relating to an “event of default” furnished to or by any holder of Indebtedness of any   Loan Party or any Subsidiary thereof in excess of $1,000,000 pursuant to the terms of any   indenture, loan or credit or similar agreement, other than the Existing Credit Agreement;   and                                        50   502181848 v5 1205867.00001  

 

           (e)   Sections 6.2(e) through 6.2(k) of the Existing Credit Agreement are   hereby incorporated herein by reference mutatis mutandis.          Documents required to be delivered pursuant to Section 6.1 or Section 6.2 (to the   extent any such documents are included in materials otherwise filed with the SEC) may   be delivered electronically and if so delivered, shall be deemed to have been delivered on   the date (i) on which Parent posts such documents, or provides a link thereto on Parent’s   website located at http://investors.nobilishealth.com/investors/overview/default.aspx or   (ii) on which such documents are posted on Parent’s behalf on an Internet or intranet   website, if any, to which each Super Priority Lender and the Super Priority Agent have   access (whether a commercial, third-party website or whether sponsored by the Super   Priority Agent); provided that (x) the Borrower shall deliver paper copies of such   documents to the Super Priority Agent or any Super Priority Lender upon its request to   the Borrower to deliver such paper copies until a written request to cease delivering paper   copies is given by the Super Priority Agent or such Super Priority Lender and (ii) the   Borrower shall notify the Super Priority Agent and each Super Priority Lender (by   facsimile or e-mail) of the posting of any such documents and provide to the Super   Priority Agent by e-mail electronic versions (i.e., soft copies) of such documents.  The   Super Priority Agent shall have no obligation to request the delivery of, or to maintain   paper 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 by a Super   Priority Lender for delivery, and each Super Priority Lender shall be solely responsible   for requesting delivery to it or maintaining its copies of such documents.          6.3   Notices.  Section 6.3 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.          Each notice pursuant to this Section 6.3 (other than Sections 6.3(e), (f), (g), (h) or   (i)) shall be accompanied by a statement of the Chief Restructuring Officer of the   Borrower setting forth the details of the occurrence referred to therein and stating what   action the Borrower has taken and proposes to take with respect thereto.  Each notice   pursuant to Section 6.3(a) shall describe with particularity any and all provisions of this   Agreement and any other Super Priority Loan Document that have been breached.          6.4   Payment of Taxes and Other Obligations.  (a) Pay and discharge as the   same shall become due and payable all income and other material Tax liabilities,  assessments and governmental charges or levies upon it or its properties or assets (other  than Tax liabilities, assessments and governmental charges or levies set forth in Schedule   5.10 of the Disclosure Schedules, unless the same are being contested in good faith by   appropriate proceedings diligently conducted (which proceedings have the effect of   preventing the forfeiture or sale of the property or assets subject to any Lien in favor of   Secured Parties) and adequate reserves with respect thereto are maintained on the books   of the applicable Person in accordance with GAAP trade practices and (b) timely file all   income and other material tax returns required to be filed.          6.5   Preservation of Existence, Etc.  (a)  Preserve, renew and maintain in full   force and effect its legal existence and good standing under the Laws of the jurisdiction                                       51   502181848 v5 1205867.00001  

 

    of its organization, except in a transaction permitted by the terms of this Agreement  (provided that Hermann Drive Surgical Hospital, LP is unable to obtain a statement of   Franchise Tax Account Status, obtained through the website of the Office of the   Comptroller of Public Accounts of Texas showing that Hermann Drive Surgical Hospital,   LP’s right to transact business in Texas is “Active”), (b) take all reasonable action to   maintain all rights, privileges, permits, licenses and franchises necessary or desirable in  the normal conduct of its business, except to the extent that failure to do so could not  reasonably be expected to have a Material Adverse Effect and (c) preserve or renew all of  its registered patents, trademarks, trade names and service marks, the non-preservation of  which could reasonably be expected to have a Material Adverse Effect.          6.6   Maintenance of Property.  Section 6.6 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.          6.7   Maintenance of Insurance.  Section 6.7 of the Existing Credit Agreement   is hereby incorporated herein by reference mutatis mutandis.          6.8   Compliance with Laws.  Section 6.8 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.          6.9   Books and Records.  Section 6.9 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.          6.10  Inspection Rights.  Permit representatives and independent contractors of   the Super Priority Agent and any financial advisor to the Super Priority Agent’s counsel,   to visit and inspect any of its properties, to examine its corporate, financial and operating   records, and make copies thereof or abstracts therefrom, and to discuss its affairs,  finances and accounts with its directors, officers, and (unless an Event of Default has   occurred and is continuing, so long as a representative of the Loan Parties is present)   independent public accountants, all at the expense of the Loan Parties and at such   reasonable times during normal business hours and as often as may be reasonably   desired, upon reasonable advance notice to the such Loan Party; provided that that such   access may not unreasonably interfere with patient care at a Loan Party or a Loan Party’s   Subsidiary’s facility or would reasonably result in the violation of patient privacy at a   Loan Party or a Loan Party’s Subsidiary’s facility.  Any Super Priority Lender may   accompany the Super Priority Agent or its representatives or contractors in connection   with any inspection at such Super Priority Lender’s expense.          6.11  Use of Proceeds.  Use the proceeds of the Loans in accordance with   Sections 2.1(a), 2.2, 2.8(d) and 6.44.            6.12  Additional Subsidiaries and Real Property.            (a)   Additional Domestic Subsidiaries.  Promptly following the date any   Person (other than an Excluded Subsidiary) becomes a Domestic Subsidiary (whether by  creation, acquisition or otherwise) and in any event within five (5) Business Days after  such date (as such time period may be extended by the Super Priority Agent in its sole  discretion), (i) cause such Person to (A) become a Guarantor by delivering to the Super                                       52   502181848 v5 1205867.00001  

 

    Priority Agent a duly executed joinder to the Guarantee or such other document(s) as the  Super Priority Agent shall deem appropriate for such purpose, (B) grant a security   interest in all of its tangible and intangible personal property now owned or hereafter   acquired (subject to any exceptions specified in the applicable Collateral Document and   other exceptions to be agreed at such time) by such Person by delivering to the Super   Priority Agent a duly executed joinder to each of the Guaranty and Security Agreement   and the Pledge Agreement or such other document(s) as the Super Priority Agent shall   deem appropriate for such purpose, (C) deliver to the Super Priority Agent such opinions,   documents and certificates referred to in Section 4.1 as may be reasonably requested by   the Super Priority Agent and (D) deliver to the Super Priority Agent such other   documents as may be reasonably requested by the Super Priority Agent in connection   with the foregoing, all in form, content and scope reasonably satisfactory to the Super   Priority Agent and (ii) cause each Loan Party owning Equity Interests in such Subsidiary   to deliver to the Super Priority Agent (A) a duly executed joinder or supplement to the   Pledge Agreement pledging (or evidencing a prior pledge of) 100% of the total Equity   Interests owned by a Loan Party in such Subsidiary or such other document(s) as the   Super Priority Agent shall reasonably deem appropriate for such purpose, together with   all original certificates (or equivalent document) evidencing such Equity Interests (if any)  and appropriate undated stock or other transfer powers for each such certificate duly   executed in blank by the registered owner thereof, if applicable, (B) such opinions,   documents and certificates referred to in Section 4.1 as may be reasonably requested by   the Super Priority Agent and (C) such other documents as may be reasonably requested   by the Super Priority Agent in connection with the foregoing, all in form, content and  scope reasonably satisfactory to the Super Priority Agent.           (b)   Additional Foreign Subsidiaries.  Promptly following the date any Person   (other than an Excluded Subsidiary) becomes a First Tier Foreign Subsidiary (whether by   creation, acquisition or otherwise) and in any event within five (5) Business Days after   such date (as such time period may be extended by the Super Priority Agent in its sole   discretion), cause each Loan Party owning Equity Interests in such Subsidiary to deliver   to the Super Priority Agent (i) a duly executed joinder or supplement to the Pledge   Agreement pledging (or evidencing a prior pledge of) 66% of the total outstanding voting   Equity Interests owned by such Loan Party (and 100% of the non-voting Equity Interests   owned by such Loan Party) in such Subsidiary or such other document(s) as the Super   Priority Agent shall reasonably deem appropriate for such purpose, together with all   original certificates (or equivalent document) evidencing such Equity Interests (if any)   and appropriate undated stock or other transfer powers for each such certificate duly   executed in blank by the registered owner thereof (or such other documents consistent   with the practices of any relevant foreign jurisdiction), if applicable, (ii) such opinions,   documents and certificates referred to in Section 4.1 as may be reasonably requested by   the Super Priority Agent and (iii) such other documents as may be reasonably requested   by the Super Priority Agent in connection with the foregoing, all in form, content and  scope reasonably satisfactory to the Super Priority Agent.            (c)   Real Property Collateral.  Promptly following the date any real property of   any Loan Party becomes Material Real Property (whether by acquisition or otherwise),  notify the Super Priority Agent in writing thereof and, if requested by the Super Priority                                       53   502181848 v5 1205867.00001  

 

    Agent in its sole discretion, within five (5) Business Days after such request (as such time   period may be extended by the Super Priority Agent in its sole discretion), cause to be   delivered to the Super Priority Agent a Mortgage and such Mortgage Support Documents   as the Super Priority Agent may request in connection with granting and perfecting a first   priority Lien (subject to Permitted Liens) on such Material Real Property in favor of the   Super Priority Agent for the benefit of the Secured Parties, securing the Obligations, all   in form, content and scope reasonably satisfactory to the Super Priority Agent; provided   that (i) the Super Priority Agent shall promptly notify each Super Priority Lender of any   Material Real Property, (ii) in no event shall a Mortgage be provided prior to each Super   Priority Lender confirming compliance with the Flood Requirement Satisfaction and (iii)   at any time there is Material Real Property that is subject to a Mortgage, no MIRE Event  shall be consummated prior to each Super Priority Lender confirming compliance with  the Flood Requirement Satisfaction; provided further that the Loan Parties shall only be   required to use commercially reasonable efforts to cause a landlord to provide a leasehold   mortgage, estoppel letters, non-disturbance agreements, similar agreements and Mortgage   Support Documents, for leased real property.            6.13  Compliance with Environmental Laws.  Section 6.13 of the Existing   Credit Agreement is hereby incorporated herein by reference mutatis mutandis.          6.14  Further Assurances.  Section 6.14 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.          6.15  Compliance with Anti-Corruption Laws and Sanctions.  Section 6.15 of   the Existing Credit Agreement is hereby incorporated herein by reference mutatis   mutandis.          6.16  Compliance with Terms of Leaseholds; Landlord Agreements.  To the   extent relating to any Core Asset, make all payments and otherwise perform all   obligations in respect of all leases of real property to which any Loan Party or any   Subsidiary is a party, keep such leases in full force and effect and not allow such leases to  lapse or be terminated or any rights to renew such leases to be forfeited or cancelled and   notify the Super Priority Agent of any default by any party with respect to such leases   and cooperate with the Super Priority Agent in all respects to cure any such default.    Unless otherwise agreed by Super Priority Agent with respect to any such location, each   Loan Party shall use commercially reasonable efforts to obtain a landlord agreement or   bailee or mortgagee waivers, as applicable, from the lessor of material leased property,   bailee in possession of any Collateral or mortgagee of any owned property with respect to   each location where any Collateral with a value in excess of $1,000,000 is stored or   located, which agreement shall be reasonably satisfactory in form and substance to Super  Priority Agent.         6.17  Material Contracts.  Section 6.17 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.          6.18  Cash Management Systems.  Each Loan Party shall use commercially   reasonable efforts to enter into, and cause each depository, securities intermediary or                                       54   502181848 v5 1205867.00001  

 

    commodities intermediary to enter into, control agreements with respect to each of its   deposit, securities, commodity or similar accounts maintained by such Person (other than  any Excluded Accounts). Each Loan Party shall promptly notify the Super Priority Agent   of the existence of any account with respect to which the provisions of the foregoing  sentence would apply (whether such account is newly created or acquired, or otherwise  ceases to be an excluded type of account).         6.19  Compliance with Health Care Laws.  Section 6.19 of the Existing Credit   Agreement is hereby incorporated herein by reference mutatis mutandis.          6.20  Post-Closing Obligations.  Each Loan Party shall, and shall cause each of   its Subsidiaries to, deliver to the Super Priority Agent or comply with each of the   following within the time periods set forth below (subject to any extensions or waivers as   may be granted by the Super Priority Agent in its sole discretion):          (a)   Intercompany Promissory Notes.  At the request of the Super Priority   Agent, the Loan Parties shall use commercially reasonable efforts to provide the Super   Priority Agent with originals of replacement notes in respect of each of the Intercompany   Promissory Notes along with executed allonges for each such Intercompany Promissory   Note, each in form and substance acceptable to the Super Priority Agent.          (b)   Perfection of Security Interest.  With respect to each of the Subsidiaries   set forth on Annex I, use commercially reasonable efforts to obtain third party consents   necessary to cause such Subsidiaries to become Loan Parties under this Agreement and   upon obtaining such consent promptly cause such subsidiary to execute joinders to this   Agreement, the Guaranty and Security Agreement and the other applicable Super Priority   Loan Documents.            (c)   Investment Report.  By no later than June 5, 2019 (or such later date as the   Super Priority Agent may agree to in writing in its sole discretion), the Borrower shall   provide the Super Priority Agent with a report listing all Investments of the Loan Parties   as of the Closing Date that are in excess of $50,000 and the Chief Restructuring Officer   shall certify to the Super Priority Agent that such report is true and correct in all material   respects.          (d)   Insurance Endorsements.  By no later than May 24, 2019 (or such later   date as the Super Priority Agent may agree to in writing in its sole discretion), the   Borrower shall provide the Super Priority Agent with endorsements to policies, naming   the Super Priority Agent, on behalf of the Secured Parties, as an additional insured or   lender loss payee and mortgagee, as the case may be, under all insurance policies   (including flood insurance policies sufficient to meet the Flood Requirement Satisfaction   with respect to any owned real property, solely to the extent required under applicable   Law) maintained with respect to the assets and properties of the Loan Parties that   constitutes Collateral.          6.21  Super Priority Agent Consultant.  Section 5(a) of the Second Forbearance   Agreement is hereby incorporated herein by reference mutatis mutandis.                                       55   502181848 v5 1205867.00001  

 

         6.22  Borrower Consultant.  Section 5(b) of the Second Forbearance Agreement  is hereby incorporated herein by reference mutatis mutandis.         6.23  Engagement of Chief Restructuring Officer.  Section 5(c) of the Second  Forbearance Agreement is hereby incorporated herein by reference mutatis mutandis.         6.24  Retention of Investment Banker. Section 5(d) of the Second Forbearance  Agreement is hereby incorporated herein by reference mutatis mutandis.         6.25  Additional Covenants of Loan Parties in respect of the Chief Restructuring  Officer and Investment Banker Engagements. Section 5(e) of the Second Forbearance  Agreement is hereby incorporated herein by reference mutatis mutandis.         6.26  Business Plan.  Section 5(f) of the Second Forbearance Agreement is  hereby incorporated herein by reference mutatis mutandis.         6.27  Cash Flow Reports.  Section 5(g) of the Second Forbearance Agreement is  hereby incorporated herein by reference mutatis mutandis.         6.28  Approved Budget.  The Loan Parties shall prepare and deliver to the Super  Priority Agent no later than 4:00 pm Central Time on each Wednesday (or such later date  as may be agreed to by the Super Priority Agent in writing in its sole discretion) (a) an  updated rolling cash flow forecast for the succeeding 13 weeks, in each case, for  Holdings, Parent, Borrower, its Subsidiaries, and other parties whose cash flows  contribute to the Borrower’s revenues (the “Contributing Loan Parties”) in each case  showing projected daily cash receipts, cash disbursements to fund Necessary Costs and  Expenses that are critical to (i) operate and maintain the overall operational value of the  Loan Parties' Assets and (ii) maintain the Core Assets, and (b) other financial information  required by the Super Priority Agent, including, without limitation (A) payables by  facility and/or subsidiary, (B) receivables by facility and/or subsidiary, (C) cash at each  subsidiary and (D) major vendors by facility and/or subsidiary (the information described  in the foregoing clauses (a) and (b), the “Weekly Budget”) and (c) a certificate of the  chief financial officer of the Borrower to the effect that such Weekly Budget reflects the  Borrower’s good faith projection of such weekly cash receipts and disbursements and  ending balance of available cash (as of the last Business Day of each week) for the  Borrower, its Subsidiaries and the Contributing Loan Parties on a consolidated basis.   Such Weekly Budget shall separate the costs and expenses critical to maintain the Core  Assets from the costs and expenses to operate and maintain the value of the Loan Parties'  Assets.         6.29  Receivables Collection Process.  Section 5(j) of the Second Forbearance  Agreement is hereby incorporated herein by reference mutatis mutandis.         6.30  Accounts Receivable Aging Report.  No later than 4:00 pm Central Time  on June 15, 2019 (or such later date as may be agreed to by the Super Priority Agent in  writing in its sole discretion) and on the 15th calendar day of each month thereafter (or  such later date as may be agreed to by the Super Priority Agent in writing in its sole  discretion), the Borrower shall provide the Super Priority Agent with the most current                                      56  502181848 v5 1205867.00001  

 

    available accounts receivable aging report with respect to itself and its Subsidiaries which   shall be based on the last accounting policy and methodology approved by the Super   Priority Agent in its sole discretion and shall provide detailed information by facility,   insurance payment source (separating in-network claims from out-of-network claims),   and, to the extent such information can be reasonably compiled within the aging report   using the resources of the Loan Parties and the Borrower Consultant, Loan Party, in form   and substance reasonably acceptable to the Super Priority Agent.          6.31  Accounts Receivable Data.  Section 5(l) of the Second Forbearance   Agreement is hereby incorporated herein by reference mutatis mutandis.          6.32  Indebtedness Updates.  Section 5(m) of the Second Forbearance   Agreement is hereby incorporated herein by reference mutatis mutandis.          6.33  Intercompany Promissory Notes.  The Loan Parties hereby represent that   no amounts are outstanding as of the Closing Date under any of the intercompany   promissory notes described on Annex F hereto (the “Intercompany Promissory Notes”).    The Loan Parties shall provide the Super Priority Agent with prompt written notice (not   to exceed one Business Day after the occurrence thereof) of any amounts advanced or   becoming outstanding under any of the Intercompany Promissory Notes or under any   replacement note issued in respect thereof.            6.34  Release of Liens.  The Loan Parties shall use commercially reasonable   efforts to cause the lien listed on Annex G hereto (the “Specified Lien”) to be released.   The Loan Parties shall provide the Super Priority Agent with written notice not later than   five (5) Business Days after any Loan Party’s knowledge of (a) any change in the status  of the Specified Lien or (b) the increase of the amount of indebtedness secured by the  Specified Lien.         6.35  Litigation Updates.  The Loan Parties shall provide the Super Priority   Agent every two (2) weeks with updates in writing, in form and substance reasonably   acceptable to the Super Priority Agent, as to the status of the litigation described on   Annex H hereto and any other litigation that would reasonably be expected to result in   monetary judgment(s) or relief, individually or in the aggregate, in excess of $1,000,000   or seeks an injunction or other equitable relief which would reasonably be expected to   have a Material Adverse Effect (collectively, the “Material Litigation”), including   updates as to the status of any stays, appeals, judgments, and the issuance of bonds in   connection with the appeal of such Material Litigation, along with copies of all material   pleadings, orders, and judgements that any Loan Party or any of its officers, managers, or   directors have received and documentation evidencing the issuance of any such bonds   and the stay of such Material Litigation, with the next such update to be delivered on   May 22, 2019, no later than 4:00 pm Central Time (or such later date as the Super   Priority Agent may agree to in writing in its sole discretion).          6.36  NHC Network, LLC.  The Loan Parties shall use commercially reasonable   efforts to obtain the consent of Elite Ambulatory Surgery Centers, LLC in a manner that   will not be detrimental to the business operations of NHC Network, LLC, to have NHC                                       57   502181848 v5 1205867.00001  

 

    Network, LLC joined as a Loan Party and will provide the Super Priority Agent with   updates as to the status of such efforts with the next such update to be delivered on May  22, 2019, no later than 4:00 pm Central Time (or such later date as the Super Priority  Agent may agree to in writing in its sole discretion).         6.37  Commercially Reasonable Efforts to Cause Excluded Subsidiaries to   Become Loan Parties.  The Loan Parties shall provide the Super Priority Agent every two   (2) weeks with (a) updates in writing, in form and substance reasonably acceptable to the   Super Priority Agent, as to the status of efforts to obtain the obtain the consent of the   third-party equityholders of each Excluded Subsidiary that is a Subsidiary of a Loan   Party (including, without limitation, Elite Sinus Spine and Ortho, LLC, Houston Metro   Ortho and Spine Surgery Center, LLC, Elite Center for Minimally Invasive Surgery,   LLC, Elite Hospital Management, Athelite Holdings, LLC, and Medical Ambulatory   Surgical Suites, L.P.), in each case that is necessary to permit such Excluded Subsidiary   to become a Guarantor, together with (b) any documentation supporting whom they have   contacted, the responses they have received and a proposed timeline of when they   anticipate obtaining such Third Party Consents, the next such update to be delivered May   22, 2019, no later than 4:00 pm Central Time (or such later date as the Super Priority   Agent may agree to in writing in its sole discretion).          6.38  Proposed Transactions. Section 5(s) of the Second Forbearance   Agreement is hereby incorporated herein by reference mutatis mutandis.          6.39  Arizona Vein.  Section 5(t) of the Second Forbearance Agreement is   hereby incorporated herein by reference mutatis mutandis.          6.40  Hamilton Vein.  Section 5(u) of the Second Forbearance Agreement is   hereby incorporated herein by reference mutatis mutandis.          6.41  Other Updates.  The Loan Parties shall provide the Super Priority Agent   every two (2) weeks (or such later date as may be agreed to in writing by the Super  Priority Agent in its sole discretion) with updates in writing in respect of each of the  following, with the next such update to be delivered May 22, 2019, no later than 4:00 pm  Central Time (or such later date as the Super Priority Agent may agree to in writing in its  sole discretion): (a) divestiture or facility closure plans, by facility (including wind-down  cost projection details and any related wind-down plan, as applicable), other than with   respect to divestitures plans that are otherwise addressed in Section 6.39 and Section 6.40   and (b) details of any staffing or key personnel retention plans.          6.42  Notices of Changes.  Section 5(w) of the Second Forbearance Agreement   is hereby incorporated herein by reference mutatis mutandis.          6.43  Consent.  Section 5(y) of the Second Forbearance Agreement is hereby   incorporated herein by reference mutatis mutandis.          6.44  Legal Retainer Account; Financial Consultant Retainer Account;   Expenses.                                         58   502181848 v5 1205867.00001  

 

           (a)   If the balance of the Legal Retainer Account falls below $50,000 then the  Loan Parties will deposit additional amounts into such account on the earlier of (i) three   (3) Business Days from the date of notice of such deficiency and (ii) the date of the next  Disbursement, such deposit to cause such account to have a balance of no less than  $150,000; provided that if the Loan Parties fail to make such deposit, the Super Priority   Agent is authorized, in its sole discretion, to transfer such amount from the Agent   Controlled Account.          (b)   If the balance of Financial Consultant Retainer Account falls below   $50,000 then the Loan Parties will deposit additional amounts into such account on the   earlier of (i) three (3) Business Days from the date of notice of such deficiency and (ii)   the date of the next Disbursement, such deposit to cause such account to have a balance   of no less than $150,000; provided that if the Loan Parties fail to make such deposit, the   Super Priority Agent is authorized, in its sole discretion, to transfer such amount from the   Agent Controlled Account.             (c)   The Loan Parties shall promptly (and in any event no later than five (5)   Business Days after presentation of a demand invoice to such Loan Party in respect   thereof) pay all reasonable and documented expenses of the Super Priority Agent and  Compass Bank in its capacity as Super Priority Lender incurred or accrued, including the  reasonable and documented legal fees and expenses of counsel for the Super Priority  Agent and all reasonable and documented fees and expenses of Berkeley Research  Group, LLC in its capacity as Consultant, for which demand invoices have been  delivered to the Borrower (which demand invoices will be submitted to the Loan Parties  every two weeks); provided that if the Loan Parties do not make any such payment within  such period, the Super Priority Agent is authorized in its sole discretion to (i) pay such  amount from the Agent Controlled Account and (ii) solely to the extent sufficient funds  are not available after giving effect to the foregoing clause (i), (x) debit unpaid legal fees  and expenses of counsel for the Super Priority Agent from the Legal Retainer Account  and (y) debit unpaid fees and expenses of Berkeley Research Group, LLC from the  Financial Consultant Retainer Account.         6.45  Additional Information.  Section 5(bb) of the Second Forbearance   Agreement is hereby incorporated herein by reference mutatis mutandis.          6.46  Payment of Expenses Pursuant to the Approved Budget.  The Loan Parties   will provide the Super Priority Agent with such evidence of payment of costs and   expenses consistent with the Approved Budget as the Super Priority Agent may require in   its sole discretion.          6.47  Contingency Plans.  Each of the Loan Parties agrees to reasonably confer   with the Super Priority Agent and its counsel to prepare for a possible consensual filing   of the Loan Parties under the Bankruptcy Code of the United States with a view toward  avoiding the disruption of the Loan Parties’ operations, minimizing costs and ensuring  the orderly transition of the Loan Parties assets from any such proceedings.  If the Loan  Parties conclude that such a filing or filings are appropriate, the Loan Parties shall  provide to Super Priority Agent and its counsel at least ten (10) calendar days prior to the                                       59   502181848 v5 1205867.00001  

 

    commencement by any Loan Party of a voluntary case under any Debtor Relief Laws or  of the filing of one or more petitions seeking to take advantage of any Debtor Relief  Laws (any such action, a “Bankruptcy Action”) (unless a shorter period of time is   necessary due to exigent circumstances as determined in good faith by the Loan Parties)   (a) written notice of the commencement by any Loan Party of a Bankruptcy Action and   (b) all proposed pleadings to be filed in the first days of any such Bankruptcy Action,   including, as applicable, all material first-day pleadings, interim and final financing and   cash collateral motions and orders, bid procedures and sale motions and orders, in each   case in an effort to reach agreement on the form and substance of drafts thereof.  The   Loan Parties shall also reasonably confer with the Super Priority Agent and its counsel   regarding a disclosure statement, plan of reorganization and other documentation   expected to be filed in connection with any filings in connection with any Bankruptcy   Action or otherwise under the Bankruptcy Code of the United States.          6.48  Transaction Covenants.          (a)   The Loan Parties shall continue the process to seek a refinance or sale of   the Assets free and clear of all liens, with the refinance amount/purchase price to be paid   at closing in cash resulting in the full and indefeasible payment in cash of all of the   Obligations and either (x) the full and indefeasible payment in cash of all of the   obligations under the Existing Credit Agreement or (y) a discounted payment in cash of   all of the obligations under the Existing Credit Agreement that is expressly consented to   in writing by the Existing Administrative Agent and the Existing Lenders;            (b)   The Loan Parties shall continue to (i) maintain and update a virtual data   room under the administration of SSG (including, without limitation, providing updated   projections and such other information as may be reasonably required by SSG), (ii)   identify lenders, investors, strategic and financial buyers for the Loan Parties' Assets and   (iii) contact such prospective lenders, investors and purchasers to have them execute a   non-disclosure agreement (“NDA”) and register for access to the data room;          (c)   The Loan Parties shall use their best efforts to set up a competitive auction   or other refinance or sales process for the Assets acceptable to the Super Priority Agent;         (d)   On or before April 24, 2019 (or such later date as may be agreed to by the  Super Priority Agent in writing in its sole discretion), (x) the Loan Parties shall disclose  to the Super Priority Agent the identities of those parties that have executed an NDA and  registered for access to the data room, and (y) the Loan Parties shall deliver to those  prospective lenders, investors and purchasers who have executed an NDA, a cover letter  and confidential offering memorandum soliciting from such prospective lenders,  investors and purchasers offers to refinance or acquire the Loan Parties’ Assets pursuant  to a refinance or purchase transaction, which would provide at closing for the full and  indefeasible payment in cash of all of the Obligations and either (i) the full and  indefeasible payment in cash of all of the obligations under the Existing Credit  Agreement or (ii) a discounted payment in cash of all of the obligations under the  Existing Credit Agreement that is expressly consented to in writing by the Existing  Administrative Agent and the Existing Lenders;                                       60   502181848 v5 1205867.00001  

 

           (e)   By May 23, 2019 at 5:00 p.m. (Central Time) (or such later date as   expressly agreed by the Super Priority Agent in writing in its sole discretion), all bids (in   the form of term sheets executed by the applicable bidder) to refinance or acquire some   or all of the Loan Parties’ Assets must be submitted to the Loan Parties;          (f)   On or before June 7, 2019 (or such later date as expressly agreed by the   Super Priority Agent in writing in its sole discretion), the Loan Parties (with the written   consent of the Super Priority Agent and Super Priority Lenders) shall determine which   bid(s) they will proceed with and the process for (i) the Loan Parties’ refinancing of the   Obligations and the obligations under the Existing Credit Agreement or (ii) the sale of the   Assets; and          (g)   On or before June 14, 2019 (or such later date as expressly agreed by the   Super Priority Agent in writing in its sole discretion), following obtaining the written   consent of the Super Priority Agent, the Super Priority Lenders, the Existing   Administrative Agent and the Existing Lenders, the Loan Parties shall close the refinance   or sale transaction(s) with respect to the Assets; provided, however, to the extent that   SSG and the Loan Parties have secured a binding contract from a purchaser of the Assets   and such contract is acceptable to the Super Priority Agent as evidenced by a written   consent thereto, then the June 14, 2019 deadline shall be extended by the Super Priority   Agent for as much as an additional thirty (30) days to accommodate the closing of the   sale; provided, further that (i) the Loan Parties have sufficient liquidity to maintain their   operations for such additional period; and (ii) the Existing Administrative Agent and the   Existing Lenders have agreed in writing to continue to forbear from the exercise of   remedies during such additional period in accordance with the terms of the Existing   Credit Agreement.                                  ARTICLE VII                           NEGATIVE COVENANTS          At all times from the Closing Date and prior to the Termination Date, no Loan   Party shall, nor shall it permit any wholly owned Subsidiary or non-wholly owned   Subsidiary (solely to the extent any Loan Party has the ability to control or stop such   action by such non-wholly owned Subsidiary), to, directly or indirectly, and solely in the   case of Section 7.15, Parent and Holdings shall not:          7.1   Liens.  Create, incur, assume or suffer to exist any Lien upon any of its   property, assets or revenues, whether now owned or hereafter acquired, except:          (a)   Sections 7.1(a) through 7.1(r) of the Existing Credit Agreement are hereby   incorporated herein by reference mutatis mutandis as Sections 7.1(a) through 7.1(r)   hereto;          (s)   Liens securing Indebtedness incurred under the Existing Credit Agreement  to the extent subject to the Existing Loan Subordination Agreement;          (t)   Liens resulting from the non-payment of Tax liabilities, assessments and  governmental charges or levies set forth in Schedule 5.10 of the Disclosure Schedules;                                       61   502181848 v5 1205867.00001  

 

           (u)   Liens on Assets that are not Core Assets; provided that the Loan Parties   provide the Super Priority Agent with notice of such Liens securing obligations in excess  of $1,000,000 within three (3) Business Days of any Senior Officer of any Loan Party  becoming aware of such Liens; and         (v)   other Liens securing liabilities in an aggregate amount not to exceed  $250,000 at any time outstanding so long as the fair market value of the assets securing  such liabilities does not materially exceed the aggregate amount of such liabilities  (measured at the time of incurrence thereof).          7.2   Indebtedness.  Create, incur, assume or suffer to exist any Indebtedness,   except:          (a)   Section 7.2(a) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;          (b)   Section 7.2(b) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;          (c)   Indebtedness in respect of Capitalized Leases, Synthetic Lease Obligations   and purchase money obligations for fixed or capital assets within the limitations set forth   in Section 7.1(i); provided that the aggregate amount of all such Indebtedness at any one  time outstanding shall not exceed $20,000,000;         (d)   Section 7.2(d) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (e)   Section 7.2(e) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (f)   Section 7.2(f) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (g)   Subordinated Indebtedness so long as such Indebtedness is subject to a  Subordination Agreement in form and substance acceptable to the Super Priority Agent  and the Required Super Priority Lenders (including, without limitation, any Indebtedness  under the Existing Credit Agreement to the extent subject to the Existing Loan  Subordination Agreement) ; provided that each Super Priority Lender shall be deemed to  have approved any such Subordination Agreement unless it shall object thereto by written  notice to the Super Priority Agent within two (2) Business Days after having received  notice thereof from the Super Priority Agent (including, without limitation, by posting  such notice to the Platform);         (h)   Section 7.2(h) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (i)   Section 7.2(i) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;                                       62   502181848 v5 1205867.00001  

 

           (j)   Section 7.2(j) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;          (k)   Section 7.2(k) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (l)   Indebtedness in respect of trade accounts payable that are more than 90  days past due in an aggregate amount not to exceed $20,000,000; and         (m)   other unsecured Indebtedness in an aggregate principal amount not to  exceed $2,500,000 at any time one outstanding.         7.3   Investments.  Make or hold any Investments, except:          (a)   Investments in existence as of the Closing Date;           (b)   Investments expressly permitted pursuant to the terms of the Approved   Budget;          (c)   other Investments expressly approved in writing by the Super Priority   Agent in its sole discretion and the Required Super Priority Lenders in their sole   discretion; provided that each Super Priority Lender shall be deemed to have approved in   writing any such Investments unless it shall object thereto by written notice to the Super   Priority Agent within two (2) Business Days after having received notice thereof from the   Super Priority Agent (including, without limitation, by posting such notice to the   Platform);          (d)   Investments held in the form of cash or items that qualified as Cash   Equivalents at the time of the making of such Investments;           (e)   (i) Investments made after the Closing Date by any Loan Party in any   other wholly-owned Loan Party (but, in the case of Investments made in Holdings or the   Parent, only if otherwise permitted under this Agreement and in accordance with the   Approved Budget), (ii) Investments made after the Closing Date by any Non-Guarantor   Subsidiary in any other Non-Guarantor Subsidiary (provided that, to the extent the Loan   Parties have control over such Non-Guarantor Subsidiary or the power to prevent such   Investment, the Loan Parties shall not approve such Investment without the express prior   written consent of the Super Priority Agent), (iii) Investments made after the Closing   Date by any Non-Guarantor Subsidiary in any Loan Party; provided further that solely for   purposes of determining the amount of Investments outstanding as of any date, (x) the  aggregate amount of capital contributions made in a Person shall be reduced by the  aggregate amount of distributions or dividends paid by such Person to the owner of its   Equity Interests since the date the initial capital contributions were made and (y) the   aggregate amount of credit extensions made to a Person shall be reduced by the amount   of principal repayments made on such credit extensions;          (f)   Investments consisting of extensions of credit in the nature of accounts   receivable or notes receivable arising from the grant of trade credit in the Ordinary                                       63   502181848 v5 1205867.00001  

 

    Course of Business, and Investments received in satisfaction or partial satisfaction thereof   from financially troubled account debtors to the extent reasonably necessary in order to   prevent or limit loss;          (g)   Guarantees permitted by Section 7.2;          (h)   Investments received as the non-cash portion of consideration received in   connection with transactions permitted pursuant to Section 7.5(i);          (i)   Investments acquired in connection with the settlement of delinquent   accounts in the Ordinary Course of Business or in connection with the bankruptcy or   reorganization of suppliers or customers; provided that Investments permitted under this   clause (i) shall not exceed $1,000,000 in the aggregate;          (j)   Investments comprised of Contingent Obligations permitted by Section   7.21;          (k)   Investments consisting of non-cash loans made by Parent or Holdings to   officers, directors and employees of a Loan Party or a wholly-owned Subsidiary which   are used by such Persons to purchase Equity Interests of Parent or Holdings, respectively;         (l)   Investments in Swap Contracts permitted under Section 7.2; and          (m)   other Investments not exceeding $250,000 in the aggregate at any time;   provided that before and immediately after giving effect to such Investment, no Event of   Default has occurred and is continuing.          7.4   Fundamental Changes.  Merge, dissolve, liquidate, consolidate with or   into another Person, or Dispose of (whether in one transaction or in a series of   transactions) all or substantially all of its assets (whether now owned or hereafter   acquired) to or in favor of any Person, except that:          (a)   Section 7.4(a) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;         (b)   Section 7.4(b) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (c)   any Non-Guarantor Subsidiary may Dispose of all or substantially all of  its assets (upon voluntary liquidation or otherwise) to a Loan Party (other than Holdings  or Parent), another Non-Guarantor Subsidiary (if the Loan Parties have control over such  Non-Guarantor Subsidiary or the power to prevent such Disposition, subject to the prior   written consent of the Super Priority Agent in its sole discretion and the Required Super   Priority Lenders in their sole discretion; provided that each Super Priority Lender shall be   deemed to have consented in writing to any such Disposition and the terms thereof unless   it shall object thereto by written notice to the Super Priority Agent within two (2)   Business Days after having received notice thereof from the Super Priority Agent   (including, without limitation, by posting such notice to the Platform)), or any Person (if                                       64   502181848 v5 1205867.00001  

 

    the Loan Parties have control over such Non-Guarantor Subsidiary or the power to   prevent such Disposition, subject to the prior written consent of the Super Priority Agent   in its sole discretion and the Required Super Priority Lenders in their sole discretion;   provided that each Super Priority Lender shall be deemed to have consented in writing to   any such Disposition and the terms thereof unless it shall object thereto by written notice   to the Super Priority Agent within two (2) Business Days after having received notice   thereof from the Super Priority Agent (including, without limitation, by posting such   notice to the Platform)) any Equity Interests of which are held by any Loan Party or any   Subsidiary of any Loan Party; provided that the amount paid by any Loan Party or other   Non-Guarantor Subsidiary (if the Loan Parties have control over such Non-Guarantor   Subsidiary or the power to dictate the amount paid by such Non-Guarantor Subsidiary),   in connection with such Disposition shall not exceed the fair market value of the assets   purchased in such Disposition as determined by the board of directors (or other   equivalent governing body) of such Loan Party in good faith;           (d)   Section 7.4(d) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis; and         (e)   any Subsidiary that is inactive and has assets of less than $5,000 (or a  lesser amount approved in writing by the Super Priority Agent in its sole discretion) may  dissolve or be dissolved by the owner of its Equity Interests.          7.5   Dispositions.  Make any Disposition, except:          (a)   Section 7.5(a) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;         (b)   Section 7.5(b) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (c)   Section 7.5(c) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (d)   Section 7.5(d) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;         (e)   subject to the prior written consent of the Super Priority Agent in its sole   discretion, the write-off, discount, sale or other disposition of defaulted or past-due   receivables and similar obligations in the Ordinary Course of Business and not   undertaken as part of an accounts receivable financing transaction;          (f)   Section 7.5(f) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;         (g)   Dispositions of property by (i) any Loan Party to any other Loan Party  (other than Parent or Holdings), (ii) any Non-Guarantor Subsidiary to any Loan Party  (other than Parent or Holdings); provided that (x) if the Loan Parties control such Non-  Guarantor Subsidiary or have the power to prevent such Disposition, the Super Priority                                       65   502181848 v5 1205867.00001  

 

    Agent in its sole discretion and the Required Super Priority Lenders in their sole   discretion have provided their respective prior written consent; provided that each Super   Priority Lender shall be deemed to have consented in writing to any such Disposition and   the terms thereof unless it shall object thereto by written notice to the Super Priority   Agent within two (2) Business Days after having received notice thereof from the Super   Priority Agent (including, without limitation, by posting such notice to the Platform), and   (y) the amount paid by any Loan Party in connection with such Disposition shall not   exceed the fair market value of the assets purchased in such Disposition as determined by   the board of directors (or other equivalent governing body), or by an officer or director,   of such Loan Party in good faith and (iii) subject to the prior written consent of the Super   Priority Agent in its sole discretion and the Required Super Priority Lenders in their sole   discretion (if the Loan Parties control such Non-Guarantor Subsidiary or have the power   to prevent such transaction), any Non-Guarantor Subsidiary to any other Non-Guarantor   Subsidiary or any Person any Equity Interests of which are held by a Loan Party or any   Subsidiary of any Loan Party; provided that each Super Priority Lender shall be deemed   to have consented in writing to any such Disposition and the terms thereof unless it shall   object thereto by written notice to the Super Priority Agent within two (2) Business Days   after having received notice thereof from the Super Priority Agent (including, without   limitation, by posting such notice to the Platform);          (h)   Section 7.5(h) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;          (i)   Dispositions not otherwise permitted under this Section 7.5; provided that   (i) the aggregate fair market value of assets Disposed of in reliance on this clause shall   not exceed $5,000 individually or $25,000 in the aggregate, (ii) such Disposition shall be   for fair market value as determined in good faith by an officer or director of such Person,   and (iii) the Net Cash Proceeds of such Disposition shall be applied in accordance with   Section 2.5(b)(ii);          (j)   Subject to the prior written consent of the Super Priority Agent in its sole   discretion and the Required Super Priority Lenders in their sole discretion, other   Dispositions not otherwise permitted under this Section 7.5; provided that the Net Cash   Proceeds of such Disposition shall be applied in accordance with Section 2.5(b)(ii);   provided further that each Super Priority Lender shall be deemed to have consented in   writing to any such Disposition and the terms thereof unless it shall object thereto by   written notice to the Super Priority Agent within two (2) Business Days after having   received notice thereof from the Super Priority Agent (including, without limitation, by   posting such notice to the Platform); and          (k)   Permitted Physician Equity Transfers, so long as the Net Cash Proceeds   thereof shall be applied in accordance with Section 2.5(b)(ii).          7.6   Restricted Payments.  Declare or make, directly or indirectly, any   Restricted Payment, except that:                                        66   502181848 v5 1205867.00001  

 

           (a)   (i) any wholly-owned Subsidiary of the Borrower may declare and make   Restricted Payments to the Borrower or any other Subsidiary of the Borrower that owns a   direct Equity Interest in such wholly-owned Subsidiary and (ii) any non-wholly-owned   Subsidiary of the Borrower may declare and make Restricted Payments to any Loan   Party, any Subsidiary that is not a Loan Party and/or any other Person (other than a   Subsidiary) that owns a direct Equity Interest in such Subsidiary, ratably according to   their respective holdings of the type of Equity Interest in respect of which such Restricted   Payment is being made;          (b)   Section 7.6(b) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;         (c)   Section 7.6(c) of the Existing Credit Agreement is hereby incorporated  herein by reference mutatis mutandis;          (d)   [Reserved];         (e)   To the extent permitted under the Approved Budget, the Borrower may   declare and pay cash dividends to Holdings not to exceed an amount necessary to permit   each of Holdings and Parent to pay (i) reasonable and customary corporate and operating   expenses (including reasonable out-of-pocket expenses for legal, administrative and   accounting services provided by third parties), (ii) compensation, benefits and other  amounts payable to officers and employees in connection with their employment in the  Ordinary Course of Business and consistent with past practices, (iii) fees, cost and   expenses of board members consistent with past practices and (iv) franchise fees or   similar taxes and fees required to maintain its corporate existence;           (f)   To the extent permitted under the Approved Budget, Holdings may   declare and pay cash dividends to Parent not to exceed an amount necessary to permit   Parent to pay (i) reasonable and customary corporate and operating expenses (including   reasonable out-of-pocket expenses for legal, administrative and accounting services  provided by third parties), (ii) compensation, benefits and other amounts payable to  officers and employees in connection with their employment in the Ordinary Course of  Business and consistent with past practices, (iii) fees, cost and expenses of board   members consistent with past practices and (iv) franchise fees or similar taxes and fees   required to maintain its corporate existence;           (g)   Section 7.6(g) of the Existing Credit Agreement is hereby incorporated   herein by reference mutatis mutandis;         (h)   the payment of reasonable compensation consistent with past practices to   officers and employees for actual services rendered to the Loan Parties and their   Subsidiaries in the Ordinary Course of Business; and          (i)   the payment of ordinary course directors’ fees consistent with past   practices (excluding compensation in the form of the Parent’s Equity Interests) and   reimbursement of reasonable and documented actual out-of-pocket expenses incurred in   connection with attending board of director meetings.                                       67   502181848 v5 1205867.00001  

 

           7.7   Change in Nature of Business.  Section 7.7 of the Existing Credit   Agreement is hereby incorporated herein by reference mutatis mutandis.          7.8   Transactions with Affiliates.  Enter into any transaction of any kind with   any Affiliate of any Loan Party, whether or not in the Ordinary Course of Business, other   than on fair and reasonable terms substantially as favorable to the Borrower or such   Subsidiary as would be obtainable by the Borrower or such Subsidiary at the time in a   comparable arm’s length transaction with a Person other than an Affiliate (other than any   transaction expressly prohibited by this Agreement); provided that the foregoing   restriction shall not apply to (i) transactions between or among the Loan Parties and (ii)   any transaction expressly permitted in this Agreement.          7.9   Burdensome Agreements.  Except for any agreement in effect (a) on the   Closing Date and set forth on Schedule 7.9 of the Disclosure Schedules, (b) at the time   any Person becomes a Subsidiary, so long as such agreement was not entered into in  contemplation of such Person becoming a Subsidiary or (c) in connection with the  Disposition of a Subsidiary permitted hereunder (subject to the consent of the Super   Priority Agent and the Required Super Priority Lenders for any Dispositions requiring the   consent of the Super Priority Agent and the Required Super Priority Lenders under   Section 7.5; provided that each Super Priority Lender shall be deemed to have consented   to any such Disposition and the terms thereof unless it shall object thereto by written   notice to the Super Priority Agent within two (2) Business Days after having received   notice thereof from the Super Priority Agent (including, without limitation, by posting   such notice to the Platform)) enter into or permit to exist any Contractual Obligation   (other than any Super Priority Loan Document or any Loan Document (as defined in the   Existing Credit Agreement)) that (i) limits the ability (A) of any Subsidiary to make   Restricted Payments to the Borrower or any other Loan Party or to otherwise transfer   property to or invest in the Borrower or any other Loan Party, (B) of any Subsidiary to   Guarantee the Indebtedness of the Borrower or (C) of the Borrower or any Subsidiary to   create, incur, assume or suffer to exist Liens on property of such Person; provided that   this clause (C) shall not prohibit any negative pledge incurred or provided in favor of any   holder of Indebtedness permitted under Section 7.2(c) solely to the extent any such   negative pledge relates to the property financed by or the subject of such Indebtedness or   (ii) requires the grant of a Lien to secure an obligation of such Person if a Lien is granted   to secure another obligation of such Person.           7.10  Use of Proceeds.            (a)   Use the proceeds of the Credit Extension or any Disbursement, whether   directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or   carry margin stock (within the meaning of Regulation U of the Federal Reserve Board) or   to extend credit to others for the purpose of purchasing or carrying margin stock or to   refund indebtedness originally incurred for such purpose.          (b)   Use the proceeds of the Credit Extension or Disbursement, whether   directly or indirectly, or lend, contribute or otherwise make available such proceeds to   any Subsidiary, joint venture partner or other Person, (i) in furtherance of an offer,                                       68   502181848 v5 1205867.00001  

 

    payment, promise to pay or authorization of the payment or giving of money, or anything   else of value, to any Person in violation of any Anti-Corruption Laws, (ii) for the purpose   of funding, financing or facilitating any activities, business or transaction of or with any   Sanctioned Person, or in any Sanctioned Country, (iii) in any manner that would result in   the violation of any Sanctions applicable to any party hereto or (iv) in any manner that is   contrary to the uses allowed pursuant to the Approved Budget (subject to the permitted   10% variance).          (c)   Use the proceeds of the Credit Extension or Disbursement to pay any fees   of any investment bankers other than (i) regular scheduled monthly fees payable to SSG   pursuant to its engagement letter (as expressly approved prior to the Closing Date by the   Super Priority Agent) and (ii) as otherwise expressly approved in writing by the Super   Priority Agent in its sole discretion.          7.11  Financial Covenants.            (a)   Fail to be in compliance with any of the following financial covenants   tested on the Friday of each week (or if such day is not a Business Day, the immediately   preceding Business Day) (each such date, a “Determination Date”):                 (i)   During each Measurement Period, the aggregate amount of the         Loan Parties’ actual cash expenses and other disbursements during such         Measurement Period shall not be more than 110% of the projected cash expenses         and other disbursements for such Measurement Period as set forth in the         Approved Budget;                (ii)  During each Measurement Period, the aggregate amount of Loan         Parties’ actual cash receipts during such Measurement Period shall not be less         than 90% of the projected cash receipts for such Measurement Period as set forth         in the Approved Budget;                (iii) During each Measurement Period, the Loan Parties’ actual surgical         cases performed during such Measurement Period shall not be less than 90% of         the projected surgical cases for such Measurement Period as set forth in the         Approved Budget;                (iv)  During each Measurement Period, the Loan Parties’ outstanding         Disbursements as of the end of such Measurement Period shall not be more than         110% of the projected amount of such Disbursements as of such date as set forth         in the Approved Budget; and                  (v)   The Loan Parties shall maintain Cash Availability as required in         accordance with the Approved Budget.          The financial covenant calculations set forth in clauses (i) though (v) above shall         exclude (a) fees and expenses paid to (x) the Loan Parties’ professionals         (including attorneys and financial advisors) in connection with any restructuring,         (y) the Super Priority Agent’s professionals (including attorneys and attorney’s                                       69   502181848 v5 1205867.00001  

 

           financial advisors) and (z) the Existing Administrative Agent’s professionals         (including attorneys and attorney’s financial advisors) and (b) all debt service         payable to the Existing Lenders or Super Priority Lenders.            7.12  Capital Expenditures.  Make or become legally obligated to make any   Capital Expenditure, except for Capital Expenditures in the Ordinary Course of Business   and included in the Approved Budget (except as otherwise expressly approved in writing   by the Super Priority Agent and the Required Super Priority Lenders; provided that each  Super Priority Lender shall be deemed to have approved in writing any such Capital  Expenditure unless it shall object thereto by written notice to the Super Priority Agent  within two (2) Business Days after having received notice thereof from the Super Priority  Agent (including, without limitation, by posting such notice to the Platform)).         7.13  Amendments of Organization Documents; Additional Subsidiaries.            (a)   Amend any of its Organization Documents in any manner materially   adverse to the rights or interests of the Super Priority Agent or any Super Priority Lender.          (b)   Take any action or fail to take any action which causes any Loan Party to   have any subsidiaries (whether by creation, acquisition or otherwise) other than   subsidiaries listed on Schedule 7.13 hereof (except as otherwise expressly approved in   writing by the Super Priority Agent and the Required Super Priority Lenders; provided   that each Super Priority Lender shall be deemed to have approved in writing such   subsidiaries, unless it shall object thereto by written notice to the Super Priority Agent   within two (2) Business Days after having received notice thereof from the Super Priority   Agent (including, without limitation, by posting such notice to the Platform)).          7.14  Payments and Modifications of Subordinated Indebtedness.  Section 7.14   of the Existing Credit Agreement is hereby incorporated herein by reference mutatis   mutandis.          7.15  Holding Company Status.            (a)   In the case of Holdings, engage in any business or activity other than (i)   the ownership of all outstanding Equity Interests in the Borrower, (ii) as a tenant under   the lease for real property located at 5920 Forest Park Drive, Suite 700, Dallas, Texas   75235 (iii) maintaining its corporate existence, (iv) participating in tax, accounting and   other administrative activities  (including being a party to employment contracts of   employees of Holdings or the Borrower) as the parent of the consolidated group of   companies, including the Loan Parties, (v) the execution and delivery of the Super   Priority Loan Documents to which it is a party and the Loan Documents (as defined in   the Existing Credit Agreement) to which it is a party, the performance of its obligations   thereunder and the activities expressly permitted thereby, (vi) incurring Contingent   Obligations in the Ordinary Course of Business with respect to operating leases, (vii)   entering into customary engagements with investment banks, legal counsel, and other   service providers, (viii) as party to customary insurance contracts, (ix) as party to   customary contractual obligations and indemnities provided in connection with                                       70   502181848 v5 1205867.00001  

 

    Acquisitions and other Investments permitted under this Agreement and (x) activities  incidental to the businesses or activities described in the foregoing clauses (i) through  (ix).         (b)   In the case of Parent, engage in any business or activity other than (i) the  ownership of all outstanding Equity Interests in Holdings, (ii) maintaining its corporate  existence, (iii) participating in tax, accounting and other administrative activities   (including being a party to employment contracts of employees of Parent or the  Borrower) as the parent of the consolidated group of companies, including the Loan  Parties, (iv) the execution and delivery of the Super Priority Loan Documents to which it  is a party and the Loan Documents (as defined in the Existing Credit Agreement) to  which it is a party, the performance of its obligations thereunder and the activities  expressly permitted thereby, (v) incurring Contingent Obligations in the Ordinary Course  of Business with respect to operating leases, (vi) entering into customary engagements  with investment banks, legal counsel, and other service providers, (vii) as party to  customary insurance contracts, (viii) as party to customary contractual obligations and  indemnities provided in connection with Acquisitions and other Investments permitted  under this Agreement and (ix) activities incidental to the businesses or activities  described in the foregoing clauses (i) through (viii) (which shall expressly include (x)  being a party to customary documents in connection with any permitted issuance of  Equity Interests or Indebtedness and (y) being a party to joint venture master agreements  with respect to joint ventures in place on the Closing Date (but with respect to which  Parent owns no Equity Interests and has no material obligations or liabilities)).         7.16  OFAC; Patriot Act.  Section 7.16 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.          7.17  Sale-Leasebacks.  Section 7.17 of the Existing Credit Agreement is hereby   incorporated herein by reference mutatis mutandis.          7.18  Hazardous Materials.  Section 7.18 of the Existing Credit Agreement is   hereby incorporated herein by reference mutatis mutandis.          7.19  Amendments to Material Contracts.  Section 7.19 of the Existing Credit   Agreement is hereby incorporated herein by reference mutatis mutandis.          7.20  Changes in Accounting, Name and Jurisdiction of Organization.  (a) Make   any significant change in accounting treatment or reporting practices, except as required   by GAAP, (b) change the fiscal year or method for determining fiscal quarters of any   Loan Party or of any consolidated Subsidiary of any Loan Party, (c) change its name as it   appears in official filings in its jurisdiction of organization without the express prior   written consent of the Super Priority Agent or (d) change its jurisdiction of organization   without the express prior written consent of the Super Priority Agent.          7.21  Contingent Obligations.  Create, incur, assume or suffer to exist any   Contingent Obligations except in respect of the Obligations and except:                                        71   502181848 v5 1205867.00001  

 

               (a)   Section 7.21(a) of the Existing Credit Agreement is hereby       incorporated herein by reference mutatis mutandis;              (b)   Section 7.21(b) of the Existing Credit Agreement is hereby       incorporated herein by reference mutatis mutandis;              (c)   Section 7.21(c) of the Existing Credit Agreement is hereby       incorporated herein by reference mutatis mutandis;              (d)   Section 7.21(d) of the Existing Credit Agreement is hereby       incorporated herein by reference mutatis mutandis;              (e)   Section 7.21(e) of the Existing Credit Agreement is hereby       incorporated herein by reference mutatis mutandis;              (f)   Contingent Obligations arising under letters of credit issued       pursuant to the Existing Credit Agreement;              (g)   Section 7.21(g) of the Existing Credit Agreement is hereby       incorporated herein by reference mutatis mutandis;              (h)   Section 7.21(h) of the Existing Credit Agreement is hereby       incorporated herein by reference mutatis mutandis;               (i)   other Contingent Obligations not exceeding $250,000 in the       aggregate at any time outstanding; and               (j)   Contingent Obligations arising under Guarantees other than those       described in clause (g) in an aggregate amount not to exceed $250,000.         7.22  Chief Restructuring Officer and Investment Banker Engagements.  No  Loan Party shall (a) alter the duties or responsibilities of the Chief Restructuring Officer  or SSG without the prior written consent of the Super Priority Agent and the Required  Super Priority Lenders; provided that each Super Priority Lender shall be deemed to have  consented in writing to such alterations, unless it shall object thereto by written notice to  the Super Priority Agent within two (2) Business Days after having received notice  thereof from the Super Priority Agent (including, without limitation, by posting such  notice to the Platform); or (b) interfere directly or indirectly with the Chief Restructuring  Officer’s or SSG’s performance of its services.         7.23  Changes to Material Operations.  Section 5(x) of the Second Forbearance  Agreement is hereby incorporated herein by reference mutatis mutandis.         7.24  Material Agreements; Disposition of Collateral.  Section 5(ff) of the  Second Forbearance Agreement is hereby incorporated herein by reference mutatis  mutandis.                                       72  502181848 v5 1205867.00001  

 

           7.25  Retainers.  The Loan Parties shall not use any cash to pay retainers to   professionals in excess of $10,000 (other than those professionals listed on Schedule 7.25   of the Disclosure Schedules), without the express prior written consent of the Super   Priority Agent.          7.26  Accounts.  The Loan Parties (a) shall not open any new accounts without   the consent of the Super Priority Agent and (b) will not direct any receivables, cash   collections or other payments received by any Loan Party to any account other than an   account that is subject to a deposit account control agreement in favor of the Existing   Administrative Agent or Super Priority Agent.                                 ARTICLE VIII                          DEFAULT AND REMEDIES          8.1   Events of Default.  Each of the following shall constitute an Event of   Default:          (a)   Non-Payment.  Any Loan Party fails to (i) pay when and as required to be   paid herein, any amount of principal of any Loan or (ii) pay within three days after the   same becomes due, any interest on any Loan, or any fee due hereunder or (iii) pay within   five calendar days after the same becomes due, any other amount payable hereunder or   under any other Super Priority Loan Document.          (b)   Specific Covenants.  The Borrower fails to perform or observe any term,   covenant or agreement contained in any of Sections 2.2(e), 6.1, 6.2, 6.3, 6.5, 6.10, 6.11,   6.12, 6.14, Sections 6.21 through 6.48, or Article VII.           (c)   Other Defaults.  Any Loan Party fails to perform or observe any covenant   or agreement (other than those specified in Section 8.1(a) or (b)) contained in any Super   Priority Loan Document on its part to be performed or observed and such failure  continues for 10 Business Days.         (d)   Representations and Warranties.  Any representation, warranty,   certification or statement of fact made or deemed made by or on behalf of any Loan Party   in this Agreement, in any other Super Priority Loan Document, or in any document   delivered in connection herewith or therewith shall be incorrect or misleading in any   material respect (or, in the case of any such representation, warranty, certification or   statement of fact that is subject to materiality or Material Adverse Effect qualifications, in   any respect) when made or deemed made.          (e)   Cross-Default.  Other than with respect to existing defaults and events of   default under the Existing Credit Agreement on the Closing Date, (i) any Loan Party or   any Subsidiary thereof (A) fails to make any payment when due (whether by scheduled   maturity, required prepayment, acceleration, demand, or otherwise) in respect of any   Indebtedness or Guarantee (other than Indebtedness hereunder and Indebtedness under   Swap Contracts) having an aggregate principal amount (including undrawn committed or   available amounts and including amounts owing to all creditors under any combined or   syndicated credit arrangement) of more than $1,000,000 or (B) fails to observe or                                       73   502181848 v5 1205867.00001  

 

    perform any other agreement or condition relating to any such Indebtedness or Guarantee   or contained in any instrument or agreement evidencing, securing or relating thereto, or  any other event occurs, in either case the effect of which default or other event is to  cause, or to permit the holder or holders of such Indebtedness or the beneficiary or  beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder or holders  or beneficiary or beneficiaries) to cause, with the giving of notice if required, such  Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or  redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or  redeem such Indebtedness to be made, prior to its stated maturity, or such Guarantee to  become payable or cash collateral in respect thereof to be demanded; or (ii) there occurs  under any Swap Contract an Early Termination Date (as defined in such Swap Contract)  resulting from (A) any event of default under such Swap Contract as to which a Loan  Party or any Subsidiary thereof is the Defaulting Party (as defined in such Swap  Contract) or (B) any Termination Event (as so defined) under such Swap Contract as to  which a Loan Party or any Subsidiary thereof is an Affected Party (as so defined) and, in  either event, the Swap Termination Value owed by such Loan Party or such Subsidiary as  a result thereof is greater than $1,000,000.         (f)   Voluntary Bankruptcy Proceeding.  Any Loan Party or any Subsidiary   thereof shall (i) commence a voluntary case under any Debtor Relief Laws, (ii) file a   petition seeking to take advantage of any Debtor Relief Laws, (iii) consent to or fail to   contest in a timely and appropriate manner any petition filed against it in an involuntary   case under any Debtor Relief Laws, (iv) apply for or consent to, or fail to contest in a   timely and appropriate manner, the appointment of, or the taking of possession by, a   receiver, custodian, trustee, or liquidator of itself or of a substantial part of its property,   domestic or foreign, (v) admit in writing its inability or fails generally to pay its debts as   they become due or (vi) make a general assignment for the benefit of creditors.          (g)   Involuntary Bankruptcy Proceeding.  A case or other proceeding shall be   commenced against any Loan Party or any Subsidiary thereof in any court of competent   jurisdiction seeking (i) relief under any Debtor Relief Laws or (ii) the appointment of a   trustee, receiver, custodian, liquidator or the like for any Loan Party or any Subsidiary   thereof or for all or any substantial part of their respective assets, domestic or foreign,   and such case or proceeding shall continue without dismissal or stay for a period of 45   consecutive days, or an order granting the relief requested in such case or proceeding   (including, but not limited to, an order for relief under such Federal bankruptcy Laws)   shall be entered.          (h)   Judgments.  There is entered against any Loan Party or any Subsidiary   thereof one or more final judgments or orders for the payment of money in an aggregate   amount (as to all such judgments and orders) exceeding $1,000,000 (to the extent not   covered by independent third-party insurance, that has been notified of the potential   claim and does not dispute coverage) and either (i) enforcement proceedings are  commenced by any creditor upon such judgment or order or (ii) there is a period of 30  consecutive days during which a stay of enforcement of such judgment, by reason of a  pending appeal or otherwise, is not in effect.                                       74   502181848 v5 1205867.00001  

 

           (i)   ERISA.  (i) An ERISA Event occurs with respect to a Pension Plan or   Multiemployer Plan which has resulted or could reasonably be expected to result in   liability of any Loan Party to the Pension Plan, Multiemployer Plan or the PBGC in an   aggregate amount in excess of $1,000,000 or (ii) any Loan Party or any ERISA Affiliate   fails to pay when due, after the expiration of any applicable grace period, any installment   payment with respect to its withdrawal liability under Section 4201 of ERISA under a   Multiemployer Plan in an aggregate amount in excess of $1,000,000.          (j)   Invalidity of Super Priority Loan Documents.  (i) Any provision of any   Super Priority Loan Document, the Existing Credit Agreement or any Loan Document   (as defined in the Existing Credit Agreement), at any time after its execution and delivery   and for any reason other than as expressly permitted thereunder, ceases to be in full force   and effect, (ii) any Loan Party or any other Subsidiary contests in any manner the validity   or enforceability of any provision of any Super Priority Loan Document, the Existing  Credit Agreement or any Loan Document (as defined in the Existing Credit Agreement)  or (iii) any Loan Party denies that it has any or further liability or obligation under any  provision of any Super Priority Loan Document, the Existing Credit Agreement or any  Loan Document (as defined in the Existing Credit Agreement), or purports to revoke,  terminate or rescind any provision of any Super Priority Loan Document, the Existing  Credit Agreement or any Loan Document (as defined in the Existing Credit Agreement),  in each case except in accordance with its terms.         (k)   Change of Control.  There occurs any Change of Control.          (l)   Collateral Documents.  Any Collateral Document or any Collateral   Document (as defined in the Existing Credit Agreement) after delivery thereof (whether   pursuant to Section 4.1, Section 6.12 or otherwise under the Super Priority Loan   Documents) shall for any reason (other than pursuant to the terms thereof or as expressly  permitted thereby) cease to create a valid and perfected lien with the priority  contemplated by the Collateral Documents or any Collateral Document (as defined in the  Existing Credit Agreement) on and security interest in the Collateral purported to be  covered thereby or any Loan Party shall so assert such invalidity or lack of perfection or  priority, except to the extent that any such loss of perfection or priority results from the  failure of the Super Priority Agent or the Existing Administrative Agent (i) to maintain  possession of certificates actually delivered to it representing securities pledged under the   Collateral Documents, (ii) to file Uniform Commercial Code continuation statements or   (iii) do such other acts as are necessary to continue such perfection (so long as the Loan   Parties are in compliance with Section 6.14).          (m)   Subordination.  (i) Any subordination provision of the Subordinated   Indebtedness Documents ceases to be in full force and effect or (ii) any Loan Party or any   other Person contests in any manner (A) the validity or enforceability of any such   provision, (B) that such provisions exist for the benefit of the Super Priority Agent and   the other Secured Parties or (C) that all payments of principal of or premium and interest   on the applicable Subordinated Indebtedness, or realized from the liquidation of any   property of any Loan Party, shall be subject to any of such provisions.                                       75   502181848 v5 1205867.00001  

 

           (n)    Material Contracts.  Any default or breach by any Loan Party or any   Subsidiary of any Loan Party occurs and is continuing under any Material Contract that   results in the termination of such Material Contract unless the Borrower or a Loan Party   enters into another contract providing similar services within 30 days after termination.          (o)   Healthcare Matters.  There shall occur any final and non-appealable   revocation, suspension, termination, rescission, non-renewal or forfeiture or any similar   final administrative action with respect to one or more Health Care Permits, Third Party   Payor Programs, Governmental Payor Programs, or Third Party Payor Authorizations, to  the extent that the Loan Parties and their Subsidiaries derived revenues (individually or in  the aggregate) from such Health Care Permits, Third Party Payor Programs,  Governmental Payor Programs and/or Third Party Payor Authorizations, in an aggregate  amount in excess of $1,000,000 for the most recently completed period of four  consecutive fiscal quarters of Parent prior to such revocation, suspension, termination,  rescission, non-renewal, forfeiture or administrative action, as applicable.         8.2   Remedies Upon Event of Default.  If any Event of Default occurs and is   continuing, the Super Priority Agent may in its discretion, or at the request of the   Required Super Priority Lenders shall, take any or all of the following actions:          (a)   declare the commitment of each Super Priority Lender to make Loans to   be terminated, whereupon such commitments and obligation shall be terminated;          (b)   declare the unpaid principal amount of all outstanding Loans, all interest  accrued and unpaid thereon, and all other amounts owing or payable hereunder or under  any other Super Priority Loan Document to be immediately due and payable, without  presentment, demand, protest or other notice of any kind, all of which are hereby   expressly waived by the Borrower; and          (c)   exercise on behalf of itself and the Super Priority Lenders all rights and   remedies available to it and the Super Priority Lenders under the Super Priority Loan   Documents in law or at equity;    provided that upon the occurrence of an actual or deemed entry of an order for relief with   respect to the Borrower under the Bankruptcy Code of the United States, the obligation of   each Super Priority Lender to make Loans shall automatically terminate, the unpaid  principal amount of all outstanding Loans and all interest and other amounts as aforesaid  shall automatically become due and payable, in each case without further act of the Super  Priority Agent or any Super Priority Lender.         8.3   Application of Funds.  After the exercise of remedies provided for in   Section 8.2 (or after the Loans have automatically become immediately due and payable   as set forth in the proviso to Section 8.2), any amounts received on account of the   Obligations shall be applied by the Super Priority Agent in the following order:          First, to payment of that portion of the Obligations constituting fees, indemnities,   expenses and other amounts (including fees, charges and disbursements of counsel to the                                       76   502181848 v5 1205867.00001  

 

    Super Priority Agent and amounts payable under Article III) payable to the Super Priority   Agent in its capacity as such;          Second, to payment of that portion of the Obligations constituting fees,   indemnities and other amounts (other than principal and interest) payable to the Super   Priority Lenders under the Super Priority Loan Documents (including fees, charges and   disbursements of counsel to the respective Super Priority Lenders and amounts payable   under Article III), ratably among them in proportion to the respective amounts described   in this clause Second payable to them;          Third, to payment of that portion of the Obligations constituting accrued and   unpaid interest on the Loans and other Obligations arising under the Super Priority Loan  Documents, ratably among the Super Priority Lenders in proportion to the respective   amounts described in this clause Third payable to them;          Fourth, to payment of that portion of the Obligations constituting unpaid principal   of the Loans and payment obligations then owing, in each case ratably among the Super  Priority Lenders in proportion to the respective amounts described in this clause Fourth   held by them; and          Last, the balance, if any, after all of the Obligations have been indefeasibly paid   in full, to the Indebtedness under the Existing Credit Agreement in accordance with the   terms thereof and of the Existing Loan Subordination Agreement including, after all   Obligations (as defined in the Existing Credit Agreement) have been indefeasibly paid in  full, to the Borrower or as otherwise required by applicable law (in accordance with the  terms with the Existing Credit Agreement and the Existing Loan Subordination   Agreement).                                  ARTICLE IX                           SUPER PRIORITY AGENT          9.1   Appointment and Authority.            (a)   Each of the Super Priority Lenders hereby irrevocably appoints Compass   Bank to act on its behalf as the Super Priority Agent hereunder and under the other Super   Priority Loan Documents and authorizes the Super Priority Agent to take such actions on   its behalf and to exercise such powers as are delegated to the Super Priority 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 Super   Priority Agent and the Super Priority Lenders, and neither any Loan Party nor any   Subsidiary thereof shall have rights as a third party beneficiary of any of such provisions.   It is understood and agreed that the use of the term “agent” herein or in any other Super  Priority Loan Documents (or any other similar term) with reference to the Super Priority  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.                                        77   502181848 v5 1205867.00001  

 

           (b)   The Super Priority Agent shall also act as the “collateral agent” under the   Super Priority Loan Documents, and each of the Super Priority Lenders hereby   irrevocably appoints and authorizes the Super Priority Agent to act as the agent of such   Super Priority Lender for purposes of acquiring, holding and enforcing any and all Liens   on Collateral granted by any of the Loan Parties to secure any of the Obligations, together   with such powers and discretion as are reasonably incidental thereto.  In this connection,   the Super Priority Agent, as “collateral agent” and any co-agents, sub-agents and   attorneys-in-fact appointed by the Super Priority Agent pursuant to Section 9.5 for   purposes of holding or enforcing any Lien on the Collateral (or any portion thereof)   granted under the Collateral Documents, or for exercising any rights and remedies   thereunder at the direction of the Super Priority Agent, shall be entitled to the benefits of  all provisions of this Article IX and Article X (including Section 10.4(c), as though such   co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the Super   Priority Loan Documents) as if set forth in full herein with respect thereto.           9.2   Rights as a Super Priority Lender.  The Person serving as the Super   Priority Agent hereunder shall have the same rights and powers in its capacity as a Super   Priority Lender as any other Super Priority Lender and may exercise the same as though   it were not the Super Priority Agent, and the term “Super Priority Lender” or “Super   Priority Lenders” shall, unless otherwise expressly indicated or unless the context   otherwise requires, include the Person serving as the Super Priority Agent hereunder in   its individual capacity.  Such Person and its Affiliates may accept deposits from, lend   money to, own securities of, 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 Super Priority Agent hereunder and   without any duty to account therefor to the Super Priority Lenders.             9.3   Exculpatory Provisions.            (a)   The Super Priority Agent shall not have any duties or obligations except   those expressly set forth herein and in the other Super Priority Loan Documents, and its   duties hereunder shall be administrative in nature.  Without limiting the generality of the   foregoing, the Super Priority Agent:                (i)   shall not be subject to any fiduciary or other implied duties,         regardless of whether a Default has occurred and is continuing;                (ii)  shall not have any duty to take any discretionary action or exercise         any discretionary powers, except discretionary rights and powers expressly         contemplated hereby or by the other Super Priority Loan Documents that the         Super Priority Agent is required to exercise as directed in writing by the Required         Super Priority Lenders (or such other number or percentage of the Super Priority         Lenders as shall be expressly provided for herein or in the other Super Priority         Loan Documents); provided that the Super Priority Agent shall not be required to         take any action that, in its opinion or the opinion of its counsel, may expose the         Super Priority Agent to liability or that is contrary to any Super Priority Loan         Document or applicable Law, including for the avoidance of doubt any action that                                       78   502181848 v5 1205867.00001  

 

           may be in violation of the automatic stay under any Debtor Relief Law or that         may effect a forfeiture, modification or termination of property of a Defaulting         Lender in violation of any Debtor Relief Law; and                  (iii) shall not, except as expressly set forth herein and in the other         Super Priority Loan Documents, have any duty to disclose, and shall not be liable         for the failure to disclose, any information relating to Parent or any of its         Subsidiaries or Affiliates that is communicated to or obtained by the Person         serving as the Super Priority Agent or any of its Affiliates in any capacity.          (b)   The Super Priority 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 Super Priority Lenders  (or such other number or percentage of the Super Priority Lenders as shall be necessary,  or as the Super Priority Agent shall believe in good faith shall be necessary, under the  circumstances as provided in Sections 10.1 and 8.2) or (ii) in the absence of its own gross   negligence or willful misconduct, as determined by a court of competent jurisdiction by a   final and nonappealable judgment.  The Super Priority Agent shall be deemed not to have  knowledge of any Default unless and until notice describing such Default is given to the  Super Priority Agent in writing by the Borrower or a Super Priority Lender.          (c)   The Super Priority Agent shall not be responsible for or have any duty to  ascertain or inquire into (i) any statement, warranty or representation made in, or in   connection with, this Agreement or any other Super Priority Loan Document, (ii) the  contents of any certificate, report or other document delivered hereunder or thereunder or  in connection herewith or therewith, (iii) the performance or observance of any of the  covenants, agreements or other terms or conditions set forth herein or therein or the  occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness  of this Agreement, any other Super Priority 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 to confirm receipt of items expressly required to be delivered   to the Super Priority Agent.           9.4   Reliance by Super Priority Agent.  The Super Priority 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 Super Priority 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, that by its terms must be fulfilled to the satisfaction of   a Super Priority Lender, the Super Priority Agent may presume that such condition is   satisfactory to such Super Priority Lender unless the Super Priority Agent shall have   received notice to the contrary from such Super Priority Lender prior to the making of   such Loan.  The Super Priority Agent may consult with legal counsel (who may be   counsel for the Borrower), independent accountants and other experts selected by it, and                                       79   502181848 v5 1205867.00001  

 

    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.          9.5   Delegation of Duties.  The Super Priority Agent may perform any and all   of its duties and exercise its rights and powers hereunder or under any other Super   Priority Loan Document by or through any one or more sub-agents appointed by the   Super Priority Agent.  The Super Priority Agent and any such sub-agent may perform any   and all of its duties and exercise its rights and powers by or through their respective   Related Parties.  The exculpatory provisions of this Article shall apply to any such sub-  agent and to the Related Parties of the Super Priority Agent and any such sub-agent, and   shall apply to their respective activities in connection with the syndication of the credit   facilities provided for in this Agreement as well as activities as Super Priority Agent.    The Super Priority Agent shall not be responsible for the negligence or misconduct of any  sub-agents except to the extent that a court of competent jurisdiction determines in a final  and nonappealable judgment that the Super Priority Agent acted with gross negligence or   willful misconduct in the selection of such sub-agents.          9.6   Resignation or Removal of Super Priority Agent.          (a)   The Super Priority Agent may at any time give notice of its resignation to   the Super Priority Lenders and the Borrower.  Upon receipt of any such notice of   resignation, the Required Super Priority Lenders shall have the right, in consultation with   the Borrower, to appoint a successor, which shall be a bank with an office in the United   States, or an Affiliate of any such bank with an office in the United States.  If no such   successor shall have been so appointed by the Required Super Priority Lenders and shall   have accepted such appointment within 30 days after the resigning Super Priority Agent   gives notice of its resignation, (or such earlier day as shall be agreed by the Required   Super Priority Lenders) (the “Resignation Effective Date”), then the resigning Super   Priority Agent may (but shall not be obligated to), on behalf of the Super Priority   Lenders, appoint a successor Super Priority Agent meeting the qualifications set forth   above; provided that in no event shall any such successor Super Priority Agent be a   Defaulting Lender.  Whether or not a successor has been appointed, such resignation   shall become effective in accordance with such notice on the Resignation Effective Date.          (b)   If the Person serving as Super Priority Agent is a Defaulting Lender   pursuant to clause (d) of the definition thereof, the Required Super Priority Lenders may,   to the extent permitted by applicable Law, by notice in writing to the Borrower and such   Person remove such Person as Super Priority Agent and, in consultation with the   Borrower, appoint a successor.  If no such successor shall have been so appointed by the   Required Super Priority Lenders and shall have accepted such appointment within 30   days (or such earlier day as shall be agreed by the Required Super Priority Lenders) (the   “Removal Effective Date”), then such removal shall nonetheless become effective in   accordance with such notice on the Removal Effective Date.          (c)   With effect from the Resignation Effective Date or the Removal Effective   Date (as applicable) (i) the retiring or removed Super Priority Agent shall be discharged   from its duties and obligations hereunder and under the other Super Priority Loan                                       80   502181848 v5 1205867.00001  

 

    Documents (except that in the case of any collateral security held by the Super Priority   Agent on behalf of the Super Priority Lenders under any of the Super Priority Loan   Documents, the retiring or removed Super Priority Agent shall continue to hold such   collateral security until such time as a successor Super Priority Agent is appointed) and   (ii) except for any indemnity payments or other amounts then owed to the retiring or   removed Super Priority Agent, all payments, communications and determinations   provided to be made by, to or through the Super Priority Agent shall instead be made by   or to each Super Priority Lender directly, until such time, if any, as the Required Super   Priority Lenders appoint a successor Super Priority Agent as provided for above.  Upon   the acceptance of a successor’s appointment as Super Priority Agent hereunder, such   successor shall succeed to and become vested with all of the rights, powers, privileges   and duties of the retiring (or removed) Super Priority Agent (other than as provided in   Section 3.1(i) and other than any rights to indemnity payments or other amounts owed to   the retiring or removed Super Priority Agent as of the Resignation Effective Date or the  Removal Effective Date, as applicable), and the retiring or removed Super Priority Agent  shall be discharged from all of its duties and obligations hereunder or under the other  Super Priority Loan Documents.  The fees payable by the Borrower to a successor Super  Priority Agent shall be the same as those payable to its predecessor unless otherwise  agreed between the Borrower and such successor.  After the retiring or removed Super  Priority Agent’s resignation or removal hereunder and under the other Super Priority  Loan Documents, the provisions of this Article and Section 10.4 shall continue in effect   for the benefit of such retiring or removed Super Priority 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 or removed Super Priority Agent was acting as Super Priority   Agent.              9.7   Non-Reliance on Super Priority Agent and Other Super Priority Lenders.    Each Super Priority Lender acknowledges that it has, independently and without reliance   upon the Super Priority Agent or any other Super Priority Lender or any of their Related   Parties and based on such documents and information as it has deemed appropriate, made  its own credit analysis and decision to enter into this Agreement.  Each Super Priority  Lender also acknowledges that it will, independently and without reliance upon the Super  Priority Agent or any other Super Priority Lender or any of their Related Parties and  based on such documents and information as it shall from time to time deem appropriate,  continue to make its own decisions in taking or not taking action under or based upon this  Agreement, any other Super Priority Loan Document or any related agreement or any  document furnished hereunder or thereunder.         9.8   No Other Duties, Etc.  Anything herein to the contrary notwithstanding,   none of the arranger(s), bookrunner(s), syndication agent(s) or documentation agent(s), to   the extent applicable, listed on the cover page hereof shall have any powers, duties or   responsibilities under this Agreement or any of the other Super Priority Loan Documents,   except in its capacity, as applicable, as the Super Priority Agent, a Super Priority Lender   hereunder.          9.9   Super Priority Agent May File Proofs of Claim.  In case of the pendency   of any proceeding under any Debtor Relief Law or any other judicial proceeding relative                                       81   502181848 v5 1205867.00001  

 

    to any Loan Party, the Super Priority Agent (irrespective of whether the principal of any  Loan shall then be due and payable as herein expressed or by declaration or otherwise   and irrespective of whether the Super Priority Agent shall have made any demand on the   Borrower) shall be entitled and empowered (but not obligated) by intervention in such   proceeding or otherwise:          (a)   to file and prove a claim for the whole amount of the principal and interest   owing and unpaid in respect of the Loans and all other Obligations that are owing and   unpaid and to file such other documents as may be necessary or advisable in order to   have the claims of the Super Priority Lenders and the Super Priority Agent (including any   claim for the reasonable compensation, expenses, disbursements and advances of the   Super Priority Lenders and the Super Priority Agent and their respective agents and   counsel and all other amounts due the Super Priority Lenders and the Super Priority   Agent under Sections 2.9 and 10.4) allowed in such judicial proceeding; and          (b)   to collect and receive any monies or other property payable or deliverable   on any such claims and to distribute the same;    and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar  official in any such judicial proceeding is hereby authorized by each Super Priority   Lender to make such payments to the Super Priority Agent and, in the event that the   Super Priority Agent shall consent to the making of such payments directly to the Super   Priority Lenders, to pay to the Super Priority Agent any amount due for the reasonable   compensation, expenses, disbursements and advances of the Super Priority Agent and its   agents and counsel, and any other amounts due the Super Priority Agent under   Sections 2.9 and 10.4.          9.10  Credit Bidding.            (a)   The Super Priority Agent, on behalf of the Secured Parties, shall have the   right, at the direction of the Required Super Priority Lenders, to credit bid and purchase   for the benefit of the Secured Parties all or any portion of Collateral at any sale thereof   conducted by the Super Priority Agent or otherwise under the provisions of the UCC,   including pursuant to Sections 9-610 or 9-620 of the UCC, at any sale thereof conducted   under the provisions of the Bankruptcy Code of the United States, including Section 363   thereof, or a sale under a plan of reorganization, or at any other sale or foreclosure   conducted by the Super Priority Agent or otherwise (whether by judicial action or   otherwise) in accordance with applicable Law.  Such credit bid or purchase may be   completed through one or more acquisition vehicles formed by the Super Priority Agent   to make such credit bid or purchase and, in connection therewith, the Super Priority   Agent is authorized, on behalf of the Secured Parties, to adopt documents providing for   the governance of the acquisition vehicle or vehicles, and assign the applicable   Obligations to any such acquisition vehicle in exchange for Equity Interests and/or debt   issued by the applicable acquisition vehicle (which shall be deemed to be held for the   ratable account of the applicable Secured Parties on the basis of the Obligations so   assigned by each Secured Party); provided that any actions by the Super Priority Agent   with respect to such acquisition vehicle, including any disposition of the assets of Equity                                       82   502181848 v5 1205867.00001  

 

    Interests thereof, shall be governed, directly or indirectly, by the vote of the Required   Super Priority Lenders, irrespective of the termination of this Agreement and without   giving effect to the limitations on actions of the Required Super Priority Lenders in   Section 10.1.          (b)   Each Super Priority Lender hereby agrees, on behalf of itself and each of   its Affiliates that is a Secured Party, that, except as otherwise provided in any Super   Priority Loan Document or with the written consent of the Super Priority Agent and the   Required Super Priority Lenders, it will not take any enforcement action, accelerate   obligations under any of the Super Priority Loan Documents, or exercise any right that it   might otherwise have under applicable Law to credit bid at foreclosure sales, UCC sales   or other similar dispositions of Collateral.          9.11  Collateral and Guaranty Matters.            (a)   The Super Priority Lenders irrevocably authorize the Super Priority Agent,   at its option and in its discretion, to:                (i)   release any Lien on any property granted to or held by the Super         Priority Agent under any Super Priority Loan Document (A) upon the occurrence         of the Termination Date, (B) that is Disposed of or to be Disposed of as part of or         in connection with any Disposition permitted hereunder or under any other Super         Priority Loan Document to a Person that is not a Loan Party or (C) subject to         Section 10.1, if approved, authorized or ratified in writing by the Required Super         Priority Lenders;                (ii)  subordinate any Lien on any property granted to or held by the         Super Priority Agent under any Super Priority Loan Document to the holder of         any Lien on such property that is permitted by Section 7.1(i); and                (iii) release any Guarantor from its obligations under any Super Priority        Loan Document if such Person ceases to be a Subsidiary as a result of a        transaction permitted under the Super Priority Loan Documents.         Upon request by the Super Priority Agent at any time, the Required Super Priority  Lenders will confirm in writing the Super Priority Agent’s authority to release or  subordinate its interest in particular types or items of property, or to release any  Guarantor from its obligations under the Guaranty and Security Agreement pursuant to  this Section 9.11.            (b)   The Super Priority Agent shall not be responsible for or have a duty to   ascertain or inquire into any representation or warranty regarding the existence, value or   collectability of the Collateral, the existence, priority or perfection of the Super Priority   Agent’s Lien thereon, or any certificate prepared by any Loan Party in connection   therewith, nor shall the Super Priority Agent be responsible or liable to the Super Priority   Lenders for any failure to monitor or maintain any portion of the Collateral.                                         83   502181848 v5 1205867.00001  

 

                                   ARTICLE X                              MISCELLANEOUS         10.1  Amendments, Etc.  No amendment or waiver of any provision of this   Agreement or any other Super Priority Loan Document, and no consent to any departure   by the Borrower or any other Loan Party therefrom, shall be effective unless in writing   signed by the Super Priority Agent, the Required Super Priority Lenders (or by the Super  Priority Agent with the consent of the Required Super Priority Lenders) and the Borrower  or the applicable Loan Party, as the case may be, and acknowledged by the Super Priority  Agent, and each such waiver or consent shall be effective only in the specific instance  and for the specific purpose for which given; provided that no such amendment, waiver   or consent shall:          (a)   waive any condition set forth in Section 4.1 or, in the case of the initial   Credit Extension, Section 4.2, without the written consent of each Super Priority Lender;          (b)   extend or increase the Commitment of any Super Priority Lender (or   reinstate any Commitment terminated pursuant to Section 8.2), without the written   consent of such Super Priority Lender;          (c)   postpone any date fixed by this Agreement or any other Super Priority   Loan Document for any payment (excluding mandatory prepayments) of principal,   interest, fees or other amounts due to the Super Priority Lenders (or any of them)   hereunder or under such other Super Priority Loan Document, without the written   consent of each Super Priority Lender entitled to such payment;          (d)   reduce the principal of, or the rate of interest specified herein on, any   Loan, or (subject to clause (iv) of the second proviso to this Section 10.1) any fees or   other amounts payable hereunder or under any other Super Priority Loan Document,   without the written consent of each Super Priority Lender entitled to such amount;  provided that only the consent of the Required Super Priority Lenders shall be necessary   to amend the definition of “Default Rate” or to waive any obligation of the Borrower to   pay interest at the Default Rate;          (e)   change (i) Section 2.13 or 8.3 or (ii) the order of application of any   reduction in the Commitments or any prepayment of Loans from the application thereof  set forth in the applicable provisions of Sections 2.5(b) without the written consent of   each Super Priority Lender materially and adversely affected thereby;          (f)   change any provision of this Section 10.1 or the definition of “Required   Super Priority Lenders” or any other provision hereof specifying the number or   percentage of Super Priority Lenders required to amend, waive or otherwise modify any   rights hereunder or make any determination or grant any consent hereunder, without the   written consent of each Super Priority Lender;          (g)   release all or substantially all of the Collateral in any transaction or series   of related transactions, without the written consent of each Super Priority Lender, except   to the extent such release is permitted pursuant to Section 9.11 (in which case such                                       84   502181848 v5 1205867.00001  

 

    release may be made by the Super Priority Agent acting alone or at the direction of the  Required Super Priority Lenders);         (h)   release (A) any Guarantor from its Guarantee without the written consent  of each Super Priority Lender, except to the extent such release is permitted pursuant to  Section 9.11 (in which case such release may be made by the Super Priority Agent acting   alone or at the direction of the Required Super Priority Lenders) or (B) the Borrower   from its obligations as the Borrower hereunder without the written consent of each Super  Priority Lender; or          (i)   change Section 4(b) of the Existing Loan Subordination Agreement,  without the written consent of the Super Priority Agent and each Super Priority Lender  that is an Existing Lender;    provided further that (i) no amendment, waiver or consent shall, unless in writing and   signed by the Super Priority Agent in addition to the Super Priority Lenders required   above, affect the rights or duties of the Super Priority Agent under this Agreement or any   other Super Priority Loan Document, (ii) the Fee Letter may be amended, or rights or  privileges thereunder waived, in a writing executed only by the parties thereto, (iii) the   Super Priority Agent and the Borrower shall be permitted to amend any provision of the   Super Priority Loan Documents (and such amendment shall become effective without   any further action or consent of any other party to any Super Priority Loan Document) if  the Super Priority Agent and the Borrower shall have jointly identified an obvious error  or any error or omission of a technical or immaterial nature in any such provision and (iv)  the Super Priority Agent and the Borrower shall be permitted, for a period for five (5)  Business Days after the Closing Days (or such long period as the Super Priority Agent  may agree in writing in its sole discretion), to amend any provision of any Disclosure  Schedule (and such amendment shall become effective without any further action or  consent of any other party to any Super Priority Loan Document) if the Super Priority  Agent and the Borrower shall have jointly identified any error or omission in any such  Disclosure Schedule.           Each party’s obligations under Section 10.1(i) shall survive the termination of the   Super Priority Loan Documents and the indefeasible payment in full in cash of the  Obligations.         Notwithstanding anything to the contrary herein, no Defaulting Lender shall have  any right to approve or disapprove any amendment, waiver or consent hereunder (and any  amendment, waiver or consent which by its terms requires the consent of all Super  Priority Lenders or each affected Super Priority Lender may be effected with the consent  of the applicable Super Priority Lenders other than Defaulting Lenders), except that (x)  the Commitment of any Defaulting Lender may not be increased or extended without the  consent of such Super Priority Lender and (y) any waiver, amendment or modification  requiring the consent of all Super Priority Lenders or each affected Super Priority Lender  that by its terms affects any Defaulting Lender disproportionately adversely relative to  other affected Super Priority Lenders shall require the consent of such Defaulting Lender.                                        85   502181848 v5 1205867.00001  

 

           10.2  Notices; Effectiveness; Electronic Communications.            (a)   Notices Generally.  Except in the case of notices and other   communications expressly permitted to be given by telephone (and except as provided in   subsection (b) below), all notices and other communications provided for herein shall be   in writing and shall be delivered by hand or overnight courier service, mailed by certified   or registered mail or sent by facsimile as follows, and all notices and other   communications expressly permitted hereunder to be given by telephone shall be made to   the applicable telephone number, as follows:                (i)   if to the Borrower, Holdings, or Parent at the address indicated on         its respective signature page;                (ii)  if to any other Loan Party, care of Borrower at the address         indicated on its signature page;                (iii) if to the Super Priority Agent, at the address indicated on its         signature page; and                 (iv)  if to a Super Priority Lender, to it at its address (or facsimile         number) set forth in its Administrative Questionnaire for deliveries of         documentation that may contain material non-public information.     Notices and other communications sent by hand or overnight courier service, or mailed   by certified or registered mail, shall be deemed to have been given when received;   notices and other communications sent by facsimile shall be deemed to have been given   when sent (except that, if not given during normal business hours for the recipient, shall   be deemed to have been given at the opening of business on the next Business Day for   the recipient).  Notices and other communications delivered through electronic   communications to the extent provided in subsection (b) below shall be effective as   provided in such subsection (b).          (b)   Electronic Communications.  Notices and other communications to the   Super Priority Lenders hereunder may be delivered or furnished by electronic   communication (including e-mail and Internet or intranet websites) pursuant to   procedures approved in writing by the Super Priority Agent; provided that the foregoing   shall not apply to notices to any Super Priority Lender pursuant to Article II if such Super   Priority Lender has notified the Super Priority Agent that it is incapable of receiving  notices under Article II by electronic communication.  The Super Priority Agent or the   Borrower may each, in its discretion, agree to accept notices and other communications   to it hereunder by electronic communications pursuant to procedures approved by it;   provided that approval of such procedures may be limited to particular notices or   communications.             Unless the Super Priority Agent otherwise prescribes, (i) notices and other   communications sent to an e-mail address shall be deemed received upon the sender’s   receipt of an acknowledgement from the intended recipient (such as by the “return receipt   requested” function, as available, return e-mail or other written acknowledgement), and                                       86   502181848 v5 1205867.00001  

 

    (ii) notices or communications posted to an Internet or intranet website shall be deemed   received upon the deemed receipt by the intended recipient, at its e-mail address as   described in the foregoing clause (i), of notification that such notice or communication is   available and identifying the website address therefor; provided that, for both of the   foregoing clauses (i) and (ii), if such notice, e-mail or other communication is not sent   during the normal business hours of the recipient, such notice, e-mail or communication   shall be deemed to have been sent at the opening of business on the next Business Day  for the recipient.          (c)   Change of Address, Etc.  Each Loan Party, the Super Priority Agent may   change its address, facsimile or telephone number for notices and other communications   hereunder by notice to the other parties hereto.  Each other Super Priority Lender may   change its address, facsimile or telephone number for notices and other communications   hereunder by notice to the Borrower, the Super Priority Agent.            (d)   Platform.                  (i)   The Borrower hereby acknowledges that the Super Priority Agent         may, but shall not be obligated to, make any materials provided by, or on behalf         of, any Loan Party hereunder or under any other Super Priority Loan Document         (collectively, the “Borrower Materials”) available to the Super Priority Lenders         by posting the Borrower Materials on the Platform.                  (ii)  The Borrower hereby acknowledges that certain of the Super         Priority Lenders may be “public-side” Super Priority Lenders (i.e., Super Priority         Lenders that do not wish to receive material non-public information with respect         to the Borrower or its securities) (each, a “Public Super Priority Lender”).  The         Borrower hereby agrees that it will use commercially reasonable efforts to         identify that portion of the Borrower Materials that may be distributed to the         Public Super Priority Lenders and that (w) all such Borrower Materials shall be         clearly and conspicuously marked “PUBLIC” which, at a minimum, means that         the word “PUBLIC” shall appear prominently on the first page thereof; (x) by         marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have         authorized the Super Priority Agent and the Super Priority Lenders to treat such         Borrower Materials as not containing any material non-public information         (although it may be sensitive and proprietary) with respect to the Borrower or its         securities for purposes of United States Federal and state securities laws (provided         that to the extent such Borrower Materials constitute Information, they shall be         treated as set forth in Section 10.7); (y) all Borrower Materials marked “PUBLIC”         are permitted to be made available through a portion of the Platform designated         “Public Side Information;” and (z) the Super Priority Agent shall be entitled to         treat any Borrower Materials that are not marked “PUBLIC” as being suitable         only for posting on a portion of the Platform not designated “Public Side         Information.”                  (iii) The Platform is provided “as is” and “as available.”  The Agent         Parties (as defined below) do not warrant the adequacy of the Borrower Materials                                       87   502181848 v5 1205867.00001  

 

           or the Platform and expressly disclaim liability for errors or omissions in the         Borrower Materials.  No warranty of any kind, express, implied or statutory,         including any warranty of merchantability, fitness for a particular purpose, non-        infringement of third party rights or freedom from viruses or other code defects, is         made by any Agent Party in connection with the Borrower Materials or the         Platform.  In no event shall the Super Priority Agent or any of its Related Parties         (collectively, the “Agent Parties”) have any liability to the Borrower, any other         Loan Party, any Super Priority Lender or any other Person for damages of any         kind, including direct or indirect, special, incidental or consequential damages,         losses or expenses (whether in tort, contract or otherwise) arising out of the        Borrower’s, any other Loan Party’s or any Agent Party’s transmission of        communications through the Platform.           (e)   Private Side Designation.  Each Public Super Priority Lender agrees to   cause at least one individual at, or on behalf of, such Public Super Priority Lender to at   all times have selected the “Private Side Information” or similar designation on the   content declaration screen of the Platform in order to enable such Public Super Priority   Lender or its delegate, in accordance with such Public Super Priority Lender’s   compliance procedures and applicable Law, including United States Federal and state   securities Laws, to make reference to Borrower Materials that are not made available   through the “Public Side Information” portion of the Platform and that may contain   material non-public information with respect to any Loan Party or its securities for   purposes of United States Federal or state securities Laws.          10.3  No Waiver; Cumulative Remedies; Enforcement.            (a)   No failure by any Super Priority Lender or the Super Priority Agent to   exercise, and no delay by any such Person in exercising, any right, remedy, power or  privilege under this Agreement or any other Super Priority Loan Document shall operate  as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or  privilege under this Agreement or any other Super Priority Loan Document preclude any  other or further exercise thereof or the exercise of any other right, remedy, power or  privilege.  The rights, remedies, powers and privileges under this Agreement and each  other Super Priority Loan Document are cumulative and not exclusive of any rights,  remedies, powers and privileges provided by Law.         (b)   Notwithstanding anything to the contrary contained in this Agreement or  any other Super Priority Loan Document, the authority to enforce rights and remedies  under this Agreement and the other Super Priority Loan Documents against the Loan  Parties or any of them shall be vested exclusively in, and all actions and proceedings at  law in connection with such enforcement shall be instituted and maintained exclusively  by, the Super Priority Agent in accordance with Section 8.2 for the benefit of all the   Super Priority Lenders; provided that the foregoing shall not prohibit (i) the Super   Priority Agent from exercising on its own behalf the rights and remedies that inure to its   benefit (solely in its capacity as Super Priority Agent) under this Agreement and the other   Super Priority Loan Documents, (ii) any Super Priority Lender from exercising setoff   rights in accordance with Section 10.8 (subject to the terms of Section 2.13) or (iii) any                                       88   502181848 v5 1205867.00001  

 

    Super Priority Lender from filing proofs of claim or appearing and filing pleadings on its   own behalf during the pendency of a proceeding relative to any Loan Party under any   Debtor Relief Law; and provided further that if at any time there is no Person acting as   Super Priority Agent under this Agreement and the other Super Priority Loan Documents,  then (x) the Required Super Priority Lenders shall have the rights otherwise ascribed to  the Super Priority Agent pursuant to Section 8.2 and (y) in addition to the matters set   forth in clauses (i), (ii) and (iii) of the preceding proviso and subject to Section 2.13, any   Super Priority Lender may, with the consent of the Required Super Priority Lenders,   enforce any rights and remedies available to it and as authorized by the Required Super   Priority Lenders.          10.4  Expenses; Indemnity; Damage Waiver.            (a)   Costs and Expenses.  The Loan Parties, jointly and severally, shall pay   (i) all reasonable out-of-pocket expenses incurred by the Super Priority Agent and its   Affiliates (including the fees, charges and disbursements of counsel for the Super Priority  Agent and of such counsel’s financial advisor), and shall pay all fees and time charges  and disbursements for attorneys who may be employees of the Super Priority Agent, in  connection with the syndication of the credit facilities provided for herein, the  preparation, negotiation, execution, delivery and administration of this Agreement and  the other Super Priority Loan Documents, or any amendments, modifications or waivers  of the provisions hereof or thereof (whether or not the transactions contemplated hereby  or thereby shall be consummated) and (ii) all out-of-pocket expenses incurred by the  Super Priority Agent or any Super Priority Lender (including the fees, charges and  disbursements of any counsel for the Super Priority Agent or any Super Priority Lender),  and shall pay all fees and time charges for attorneys who may be employees of the Super  Priority Agent or any Super Priority Lender, in connection with the enforcement or  protection of its rights (A) in connection with this Agreement and the other Super Priority  Loan Documents, including its rights under this Section or (B) in connection with Loans  made, including all such out-of-pocket expenses incurred during any workout,  restructuring or negotiations in respect of such Loans.         (b)   Indemnification by the Borrower.  THE LOAN PARTIES, JOINTLY   AND SEVERALLY, SHALL INDEMNIFY THE SUPER PRIORITY AGENT (AND   ANY SUB-AGENT THEREOF), EACH SUPER PRIORITY LENDER AND EACH   RELATED PARTY OF ANY OF THE FOREGOING PERSONS (EACH SUCH   PERSON BEING CALLED AN “INDEMNITEE”) AGAINST, AND HOLD EACH   INDEMNITEE HARMLESS FROM, ANY AND ALL LOSSES, CLAIMS, DAMAGES,   PENALTIES, LIABILITIES AND RELATED EXPENSES (INCLUDING THE FEES,   CHARGES AND DISBURSEMENTS OF ANY COUNSEL FOR ANY INDEMNITEE),   AND SHALL INDEMNIFY AND HOLD HARMLESS EACH INDEMNITEE FROM   ALL FEES AND TIME CHARGES AND DISBURSEMENTS FOR ATTORNEYS   WHO MAY BE EMPLOYEES OF ANY INDEMNITEE, INCURRED BY ANY   INDEMNITEE OR ASSERTED AGAINST ANY INDEMNITEE BY ANY PERSON   (INCLUDING THE BORROWER OR ANY OTHER LOAN PARTY, WHETHER OR   NOT CAUSED BY OR ARISING, IN WHOLE OR IN PART, OUT OF THE   COMPARATIVE, CONTRIBUTORY, OR SOLE NEGLIGENCE OF SUCH                                       89   502181848 v5 1205867.00001  

 

    INDEMNITEE) OTHER THAN SUCH INDEMNITEE AND ITS RELATED PARTIES  ARISING OUT OF, IN CONNECTION WITH, OR AS A RESULT OF (I) THE  EXECUTION OR DELIVERY OF THIS AGREEMENT, ANY OTHER SUPER  PRIORITY LOAN DOCUMENT OR ANY AGREEMENT OR INSTRUMENT  CONTEMPLATED HEREBY OR THEREBY, THE PERFORMANCE BY THE  PARTIES HERETO OF THEIR RESPECTIVE OBLIGATIONS HEREUNDER OR  THEREUNDER OR THE CONSUMMATION OF THE TRANSACTIONS  CONTEMPLATED HEREBY OR THEREBY, (II) ANY LOAN OR THE USE OR  PROPOSED USE OF THE PROCEEDS THEREFROM, (III) ANY ACTUAL OR  ALLEGED PRESENCE OR RELEASE OF HAZARDOUS MATERIALS ON OR  FROM ANY PROPERTY OWNED, LEASED OR OPERATED BY ANY LOAN  PARTY OR ANY SUBSIDIARY THEREOF, OR ANY ENVIRONMENTAL  LIABILITY RELATED IN ANY WAY TO ANY LOAN PARTY OR ANY  SUBSIDIARY THEREOF OR (IV) ANY ACTUAL OR PROSPECTIVE CLAIM,  LITIGATION, INVESTIGATION OR PROCEEDING RELATING TO ANY OF THE  FOREGOING, WHETHER BASED ON CONTRACT, TORT OR ANY OTHER  THEORY, WHETHER BROUGHT BY A THIRD PARTY OR BY THE BORROWER  OR ANY OTHER LOAN PARTY, AND REGARDLESS OF WHETHER ANY  INDEMNITEE IS A PARTY THERETO; PROVIDED THAT SUCH INDEMNITY  SHALL NOT, AS TO ANY INDEMNITEE, BE AVAILABLE TO THE EXTENT  THAT SUCH LOSSES, CLAIMS, DAMAGES, LIABILITIES OR RELATED  EXPENSES (X) ARE DETERMINED BY A COURT OF COMPETENT  JURISDICTION BY FINAL AND NONAPPEALABLE JUDGMENT TO HAVE  RESULTED FROM THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF  SUCH INDEMNITEE OR (Y) RESULT FROM A CLAIM BROUGHT BY THE  BORROWER OR ANY OTHER LOAN PARTY AGAINST AN INDEMNITEE FOR  BREACH IN BAD FAITH OF SUCH INDEMNITEE’S OBLIGATIONS HEREUNDER  OR UNDER ANY OTHER SUPER PRIORITY LOAN DOCUMENT, IF THE  BORROWER OR SUCH LOAN PARTY HAS OBTAINED A FINAL AND  NONAPPEALABLE JUDGMENT IN ITS FAVOR ON SUCH CLAIM AS  DETERMINED BY A COURT OF COMPETENT JURISDICTION.  THIS SECTION   10.4(B) SHALL NOT APPLY WITH RESPECT TO TAXES OTHER THAN ANY   TAXES THAT REPRESENT LOSSES, CLAIMS, DAMAGES, ETC. ARISING FROM   ANY NON-TAX CLAIM.          (c)   Reimbursement by Super Priority Lenders.  To the extent that the   Borrower for any reason fails to indefeasibly pay any amount required under  subsections (a) or (b) of this Section to be paid by it to the Super Priority Agent (or any   sub-agent thereof) or any Related Party of any of the foregoing, each Super Priority   Lender severally agrees to pay to the Super Priority Agent (or any such sub-agent) or   such Related Party, as the case may be, such Super Priority Lender’s pro rata share   (determined as of the time that the applicable unreimbursed expense or indemnity   payment is sought based on each Super Priority Lender’s share of the Total Credit  Exposure at such time, or if the Total Credit Exposure has been reduced to zero, then  based on such Super Priority Lender’s share of the Total Credit Exposure immediately  prior to such reduction) of such unpaid amount (including any such unpaid amount in  respect of a claim asserted by such Super Priority Lender); and provided that, the                                       90   502181848 v5 1205867.00001  

 

    unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as   the case may be, was incurred by or asserted against the Super Priority Agent (or any   such sub-agent), in its capacity as such, or against any Related Party of any of the   foregoing acting for the Super Priority Agent (or any such sub-agent) in connection with   such capacity.  The obligations of the Super Priority Lenders under this subsection (c) are   subject to the provisions of Section 2.12(c).              (d)   Waiver of Consequential Damages, Etc.  To the fullest extent permitted by   applicable Law, the Borrower shall not assert, and hereby waives, any claim against any   Indemnitee, on any theory of liability, for special, indirect, consequential or punitive   damages (as opposed to direct or actual damages) arising out of, in connection with, or as   a result of, this Agreement, any other Super Priority Loan Document or any agreement or   instrument contemplated hereby, the transactions contemplated hereby or thereby, any   Loan or the use of the proceeds thereof.  No Indemnitee referred to in subsection (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 Super Priority Loan Documents or the transactions contemplated hereby or   thereby.           (e)   Payments.  All amounts due under this Section shall be payable not later   than 10 Business Days after demand therefor.          (f)   Survival.  Each party’s obligations under this Section shall survive the   termination of the Super Priority Loan Documents and payment of the obligations   hereunder.          10.5  Payments Set Aside.  To the extent that any payment by or on behalf of   the Borrower is made to the Super Priority Agent or any Super Priority Lender, or the   Super Priority Agent or any Super Priority Lender exercises its right of setoff, and such  payment or the proceeds of such setoff or any part thereof is subsequently invalidated,  declared to be fraudulent or preferential, set aside or required (including pursuant to any  settlement entered into by the Super Priority Agent or such Super Priority Lender in its  discretion) to be repaid to a trustee, receiver or any other party, in connection with any   proceeding under any Debtor Relief Law or otherwise, then (a) to the extent of such   recovery, the obligation or part thereof originally intended to be satisfied shall be revived  and continued in full force and effect as if such payment had not been made or such  setoff had not occurred and (b) each Super Priority Lender severally agrees to pay to the  Super Priority Agent upon demand its applicable share (without duplication) of any  amount so recovered from or repaid by the Super Priority Agent, plus interest thereon   from the date of such demand to the date such payment is made at a rate per annum equal   to the Federal Funds Rate from time to time in effect.  The obligations of the Super   Priority Lenders under clause (b) of the preceding sentence shall survive the indefeasible   payment in full in cash of the Obligations and the termination of this Agreement.          10.6  Successors and Assigns.                                          91   502181848 v5 1205867.00001  

 

           (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 no Loan Party may assign or   otherwise transfer any of its rights or obligations hereunder without the prior written   consent of the Super Priority Agent and each Super Priority Lender, and no Super   Priority Lender may assign or otherwise transfer any of its rights or obligations hereunder   except (i) to an assignee in accordance with the provisions of subsection (b) of this   Section, (ii) by way of participation in accordance with the provisions of subsection (d)   of this Section or (iii) by way of pledge or assignment of a security interest subject to the   restrictions of subsection (e) 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 subsection (d) of this Section and, to the extent expressly contemplated   hereby, the Related Parties of each of the Super Priority Agent and the Super Priority   Lenders) any legal or equitable right, remedy or claim under or by reason of this   Agreement.          (b)   Assignments by Super Priority Lenders.  Any Super Priority 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(s) and the Loans at   the time owing to it); provided that (in each case with respect to any Facility) any such   assignment shall be subject to the following conditions:                (i)   Minimum Amounts.                      (A)   in the case of (1) an assignment of the entire remaining               amount of the assigning Super Priority Lender’s Commitment and/or the              Loans at the time owing to it (in each case with respect to any Facility),               (2) contemporaneous assignments to related Approved Funds (determined              after giving effect to such assignments) that equal at least the amount              specified in clause (b)(i)(B) of this Section in the aggregate or (3) in the               case of an assignment to a Super Priority Lender, an Affiliate of a Super               Priority Lender or an Approved Fund, no minimum amount need be              assigned; and                     (B)   in any case not described in clause (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 Super Priority Lender subject to each such assignment               (determined as of the date the Assignment and Assumption with respect to               such assignment is delivered to the Super Priority Agent or, if “Trade               Date” is specified in the Assignment and Assumption, as of the Trade               Date) shall not be less than $1,000,000, unless the Super Priority Agent               otherwise consents (each such consent not to be unreasonably conditioned,               withheld, or delayed).                                       92   502181848 v5 1205867.00001  

 

               (ii)  Proportionate Amounts.  Each partial assignment shall be made as        an assignment of a proportionate part of all the assigning Super Priority 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 clause (b)(i)(B) of this Section and, in        addition, the consent of the Super Priority Agent (such consent not to be       unreasonably withheld or delayed) shall be required for assignments to a Person       that is not a Super Priority Lender, an Affiliate of such Super Priority Lender or       an Approved Fund with respect to such Super Priority Lender.               (iv)  Assignment and Assumption.  The parties to each assignment shall        execute and deliver to the Super Priority Agent an Assignment and Assumption,       together with a processing and recordation fee in the amount of $3,500; provided        that the Super Priority Agent may, in its sole discretion, elect to waive such        processing and recordation fee in the case of any assignment.  The assignee, if it        is not a Super Priority Lender, shall deliver to the Super Priority Agent an        Administrative Questionnaire.               (v)   No Assignment to Certain Persons.  No such assignment shall be        made to (A) the Borrower or any of the Borrower’s Affiliates or Subsidiaries or        (B) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon        becoming a Super Priority Lender hereunder, would constitute a Defaulting        Lender or a Subsidiary thereof.               (vi)  No Assignment to Natural Persons.  No such assignment shall be        made to a natural Person (or a holding company, investment vehicle or trust for,        or owned and operated for the primary benefit of, a natural Person).               (vii) Certain Additional Payments.  In connection with any assignment        of rights and obligations of any Defaulting Lender hereunder, no such assignment        shall be effective unless and until, in addition to the other conditions thereto set        forth herein, the parties to the assignment shall make such additional payments to        the Super Priority Agent in an aggregate amount sufficient, upon distribution        thereof as appropriate (which may be outright payment, purchases by the assignee        of participations or sub-participations, or other compensating actions, including        funding, with the consent of the Borrower and the Super Priority Agent, the        applicable pro rata share of Loans previously requested but not funded by the        Defaulting Lender, to each of which the applicable assignee and assignor hereby        irrevocably consent), to (A) pay and satisfy in full all payment liabilities then        owed by such Defaulting Lender to the Super Priority Agent or any other Super        Priority Lender hereunder (and interest accrued thereon) and (B) acquire (and        fund as appropriate) its full pro rata share of all Loans in accordance with its        Applicable Percentage.  Notwithstanding the foregoing, in the event that any        assignment of rights and obligations of any Defaulting Lender hereunder shall        become effective under applicable Law without compliance with the provisions of                                      93  502181848 v5 1205867.00001  

 

           this paragraph, then the assignee of such interest shall be deemed to be a         Defaulting Lender for all purposes of this Agreement until such compliance         occurs.       Subject to acceptance and recording thereof by the Super Priority Agent pursuant to   subsection (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 Super Priority Lender under this Agreement, and the assigning   Super Priority Lender thereunder shall, to the extent of the 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 Super Priority  Lender’s rights and obligations under this Agreement, such Super Priority Lender shall  cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 3.1,   3.4, and 10.4 with respect to facts and circumstances occurring prior to the effective date   of such assignment; provided that except to the extent otherwise expressly agreed by the   affected parties, no assignment by a Defaulting Lender will constitute a waiver or release   of any claim of any party hereunder arising from that Super Priority Lender’s having  been a Defaulting Lender.  Any assignment or transfer by a Super Priority Lender of   rights or obligations under this Agreement that does not comply with this subsection (b)   shall be treated for purposes of this Agreement as a sale by such Super Priority Lender of  a participation in such rights and obligations in accordance with subsection (d) of this   Section (other than a proposed assignment to the Borrower or any of its Subsidiaries or   Affiliates or to a natural Person, which, in each case, shall be null and void).           (c)   Register.  The Super Priority Agent, acting solely for this purpose as a   non-fiduciary agent of the Borrower (and such agency being solely for tax purposes),   shall maintain at the Super Priority Agent’s Office a copy of each Assignment and   Assumption delivered to it (or the equivalent thereof in electronic form) and a register for   the recordation of the names and addresses of the Super Priority Lenders, and the   Commitments of, and principal amounts (and stated interest) of the Loans owing to, each   Super Priority Lender pursuant to the terms hereof from time to time (the “Register”).    The entries in the Register shall be conclusive absent manifest error, and the Borrower,   the Super Priority Agent and the Super Priority Lenders shall treat each Person whose   name is recorded in the Register pursuant to the terms hereof as a Super Priority Lender   hereunder for all purposes of this Agreement.  The Register shall be available for  inspection by the Borrower and any Super Priority Lender (but only to the extent of the   entries therein that are directly applicable to such Super Priority Lender), at any   reasonable time and from time to time upon reasonable prior notice.              (d)   Participations.  Any Super Priority Lender may at any time, without the   consent of, or notice to, the Borrower or the Super Priority Agent, sell participations to   any Person (other than a natural Person, or a holding company, investment vehicle or   trust for, or owned and operated for the primary benefit of, a natural Person, or the   Borrower or any of the Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all   or a portion of such Super Priority Lender’s rights and/or obligations under this   Agreement (including all or a portion of its Commitment and/or the Loans owing to it);                                       94   502181848 v5 1205867.00001  

 

    provided that (i) such Super Priority Lender’s obligations under this Agreement shall   remain unchanged, (ii) such Super Priority Lender shall remain solely responsible to the  other parties hereto for the performance of such obligations and (iii) the Borrower, the  Super Priority Agent and the Super Priority Lenders shall continue to deal solely and  directly with such Super Priority Lender in connection with such Super Priority Lender’s  rights and obligations under this Agreement.  For the avoidance of doubt, each Super  Priority Lender shall be responsible for the indemnity under Section 10.4(c) with respect   to any payments made by such Super Priority Lender to its Participant(s).          Any agreement or instrument pursuant to which a Super Priority Lender sells such   a participation shall provide that such Super Priority 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 Super Priority Lender will not, without the consent of the Participant, agree to   any amendment, modification or waiver described in the first proviso to Section 10.1 that   affects such Participant.  The Borrower agrees that each Participant shall be entitled to   the benefits of Sections 3.1, and 3.4 (subject to the requirements and limitations therein,   including the requirements under Section 3.1(g) (it being understood that the   documentation required under Section 3.1(g) shall be delivered to the Super Priority   Lender who sells the participation)) to the same extent as if it were a Super Priority   Lender and had acquired its interest by assignment pursuant to subsection (b) of this   Section; provided that such Participant (A) agrees to be subject to the provisions of   Section 3.6 as if it were an assignee under subsection (b) of this Section and (B) shall not   be entitled to receive any greater payment under Sections 3.1 or 3.4, with respect to any   participation, than the Super Priority Lender from whom it acquired the applicable   participation would have been entitled to receive, except to the extent such entitlement to   receive a greater payment results from a Change in Law that occurs after the Participant   acquired the applicable participation.  Each Super Priority Lender that sells a   participation agrees, at the Borrower’s request and expense, to use reasonable efforts to   cooperate with the Borrower to effectuate the provisions of Section 3.6 with respect to   any Participant.  To the extent permitted by Law, each Participant also shall be entitled to  the benefits of Section 10.8 as though it were a Super Priority Lender; provided that such   Participant agrees to be subject to Section 2.13 as though it were a Super Priority Lender.    Each Super Priority Lender that sells a participation shall, acting solely for this purpose   as a non-fiduciary agent of the Borrower, maintain 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 Super Priority Loan   Documents (the “Participant Register”); provided that no Super Priority 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, loans, letters of credit or its other obligations under any Super Priority   Loan Document) to any Person except to the extent that such disclosure is necessary to   establish that such commitment, loan, letter of credit or other obligation is in registered  form under Section 5f.103-1(c) of the United States Treasury Regulations.  The entries in  the Participant Register shall be conclusive absent manifest error, and such Super Priority  Lender shall treat each Person whose name is recorded in the Participant Register as the  owner of such participation for all purposes of this Agreement notwithstanding any notice                                       95   502181848 v5 1205867.00001  

 

    to the contrary.  For the avoidance of doubt, the Super Priority Agent (in its capacity as   Super Priority Agent) shall have no responsibility for maintaining a Participant Register.          (e)   Certain Pledges.  Any Super Priority Lender may at any time pledge or   assign a security interest in all or any portion of its rights under this Agreement   (including under its Note, if any) to secure obligations of such Super Priority Lender,   including any pledge or assignment to secure obligations to a Federal Reserve Bank;   provided that no such pledge or assignment shall release such Super Priority Lender from   any of its obligations hereunder or substitute any such pledgee or assignee for such Super   Priority Lender as a party hereto.          10.7  Treatment of Certain Information; Confidentiality.  Each of the Super   Priority Agent and the Super Priority Lenders agrees to maintain the confidentiality of the   Information (as defined below), except that Information may be disclosed (a) to its   Affiliates and 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), (b) to the extent required or requested   by any regulatory authority purporting to have jurisdiction over such Person or its   Related Parties (including any self-regulatory authority, such as the National Association   of Insurance Commissioners), (c) to the extent required by applicable Law or by any   subpoena or similar legal process, (d) to any other party hereto, (e) in connection with the   exercise of any remedies hereunder or under any other Super Priority Loan Document or   any action or proceeding relating to this Agreement or any other Super Priority 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 and obligations under this Agreement or (ii) any actual or prospective party (or its   Related Parties) to any swap, derivative or other transaction under which payments are to   be made by reference to the Borrower and its obligations, this Agreement or payments   hereunder, (g) on a confidential basis to (i) any rating agency in connection with rating   the Borrower or its Subsidiaries or the credit facilities provided hereunder or (ii) the   CUSIP Service Bureau or any similar agency in connection with the issuance and   monitoring of CUSIP numbers or other market identifiers with respect to the credit   facilities provided hereunder, (h) with the consent of the Borrower or (i) 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 Super Priority Agent, any Super Priority Lender   or any of their respective Affiliates on a non-confidential basis from a source other than   the Borrower.  In addition, the Super Priority Agent and the Super Priority Lenders may   disclose the existence of this Agreement and information about this Agreement to market   data collectors, similar service providers to the lending industry and service providers to   the Super Priority Agent and the Super Priority Lenders in connection with the   administration of this Agreement, the other Super Priority Loan Documents, and the   Commitments.            For purposes of this Section, “Information” means all information received from   any Loan Party or any of their respective Subsidiaries relating to any Loan Party or any   of their respective Subsidiaries or any of their respective businesses, other than any such                                       96   502181848 v5 1205867.00001  

 

    information that is available to the Super Priority Agent or any Super Priority Lender on  a non-confidential basis prior to disclosure by such Loan Party or such Subsidiary;   provided that, in the case of information received from any Loan Party or any of their   respective Subsidiaries after the date hereof, such information is clearly identified at the   time of delivery as confidential.  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.          10.8  Right of Setoff.  If an Event of Default shall have occurred and be   continuing, each Super Priority Lender and each of their respective Affiliates is hereby   authorized at any time and from time to time, after obtaining the prior written consent of   the Super Priority Agent, 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 Super Priority Lender or any such Affiliate to or for the credit or the   account of a Loan Party against any and all of the obligations of such Loan Party now or   hereafter existing under this Agreement or any other Super Priority Loan Document to   such Super Priority Lender or their respective Affiliates, irrespective of whether or not   such Super Priority Lender or such Affiliate shall have made any demand under this   Agreement or any other Super Priority Loan Document and although such obligations of   such Loan Party may be contingent or unmatured or are owed to a branch or office or   Affiliate of such Super Priority Lender different from the branch, office or Affiliate   holding such deposit or obligated on such indebtedness; provided that in the event that  any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off  shall be paid over immediately to the Super Priority Agent for further application in  accordance with the provisions of Section 2.13 and, pending such payment, shall be   segregated by such Defaulting Lender from its other funds and deemed held in trust for  the benefit of the Super Priority Agent and the Super Priority Lenders and (y) the  Defaulting Lender shall provide promptly to the Super Priority Agent a statement   describing in reasonable detail the Obligations owing to such Defaulting Lender as to   which it exercised such right of setoff. The rights of each Super Priority Lender and their   respective Affiliates under this Section are in addition to other rights and remedies   (including other rights of setoff) that such Super Priority Lender or their respective   Affiliates may have. Each Super Priority Lender agrees to notify the Borrower and the   Super Priority 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.   Notwithstanding the provisions of this Section 10.8, if at any time any Super Priority   Lender or any of their respective Affiliates maintains one or more deposit accounts for   any Loan Party into which Medicare and/or Medicaid receivables are deposited, such   Person shall waive the right of setoff set forth herein.            10.9  Survival of Representations and Warranties.  All representations and   warranties made hereunder and in any other Super Priority Loan Document or other   document delivered pursuant hereto or thereto or in connection herewith or therewith   shall survive the execution and delivery hereof and thereof.  Such representations and                                       97   502181848 v5 1205867.00001  

 

    warranties have been or will be relied upon by the Super Priority Agent and each Super   Priority Lender, regardless of any investigation made by the Super Priority Agent or any   Super Priority Lender or on their behalf and notwithstanding that the Super Priority   Agent or any Super Priority Lender may have had notice or knowledge of any Default at   the time of any Credit Extension, and shall continue in full force and effect as long as any   Loan or any other Obligation hereunder shall remain unpaid or unsatisfied.          10.10 Independent Effect of Covenants.  The Borrower expressly acknowledges   and agrees that each covenant contained in Articles VI or VII shall be given independent   effect.  Accordingly, the Borrower shall not engage in any transaction or other act   otherwise permitted under any covenant contained in Articles VI or VII, if before or after   giving effect to such transaction or act the Borrower shall or would be in breach of any   other covenant contained in Articles VI or VII.          10.11 Governing Law; Jurisdiction; Etc.            (a)   Governing Law.  This Agreement and the other Super Priority Loan   Documents and any claims, controversy, dispute or cause of action (whether in contract   or tort or otherwise) based upon, arising out of or relating to this Agreement or any other   Super Priority Loan Document (except, as to any other Super Priority Loan Document, as   expressly set forth therein) and the transactions contemplated hereby and thereby shall be   governed by, and construed in accordance with, the law of the State of New York.          (b)   Submission to Jurisdiction.  Each Loan Party irrevocably and   unconditionally agrees that it will not commence any action, litigation or proceeding of   any kind or description, whether in law or equity, whether in contract or in tort or   otherwise, against the Super Priority Agent, any Super Priority Lender or any Related   Party of the foregoing in any way relating to this Agreement or any other Super Priority  Loan Document or the transactions relating hereto or thereto, in any forum other than the  courts of the State of New York sitting in New York county and of the United States   District Court of the Southern District of New York, and any appellate court from any   thereof, and each of the parties hereto irrevocably and unconditionally submits to the   jurisdiction of such courts and agrees that all claims in respect of any such action,   litigation or proceeding may be heard and determined in such New York state court or, to   the fullest extent permitted by applicable Law, in such Federal court.  Each of the parties   hereto agrees that a final judgment in any such action, litigation 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 or in any other Super Priority   Loan Document shall affect any right that the Super Priority Agent, any Super Priority   Lender may otherwise have to bring any action or proceeding relating to this Agreement   or any other Super Priority Loan Document against any Loan Party or its properties in the   courts of any jurisdiction.          (c)   Waiver of Venue.  Each Loan Party irrevocably and unconditionally   waives, to the fullest extent permitted by applicable Law, any objection that it may now   or hereafter have to the laying of venue of any action or proceeding arising out of or   relating to this Agreement or any other Super Priority Loan Document in any court                                       98   502181848 v5 1205867.00001  

 

    referred to in subsection (b) of this Section.  Each of the parties hereto hereby irrevocably   waives, to the fullest extent permitted by applicable Law, the defense of an inconvenient   forum to the maintenance of such action or proceeding in any such court.          (d)   Service of Process.  Each party hereto irrevocably consents to service of   process in the manner provided for notices in Section 10.2.  Nothing in this Agreement   will affect the right of any party hereto to serve process in any other manner permitted by   applicable Law.          10.12 WAIVER OF JURY TRIAL.  EACH PARTY HERETO HEREBY   IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY   APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY   LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR   RELATING TO THIS AGREEMENT OR ANY OTHER SUPER PRIORITY LOAN   DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR   THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER   THEORY).  EACH PARTY HERETO (A) CERTIFIES THAT NO   REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS   REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON   WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE   FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER   PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT   AND THE OTHER SUPER PRIORITY LOAN DOCUMENTS BY, AMONG OTHER  THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.         10.13 Counterparts; Integration; Effectiveness; Electronic Execution.            (a)   Counterparts; Integration; Effectiveness.  This Agreement may be   executed in counterparts (and by different parties hereto in different counterparts), each   of which shall constitute an original, but all of which when taken together shall constitute   a single contract.  This Agreement and the other Super Priority Loan Documents, and any   separate letter agreements with respect to fees payable to the Super Priority Agent,   constitute the entire contract among the parties relating to the subject matter hereof and   supersede any and all previous agreements and understandings, oral or written, relating to   the subject matter hereof.  Except as provided in Section 4.1, this Agreement shall   become effective when it shall have been executed by the Super Priority Agent and when   the Super Priority Agent shall have received counterparts hereof that, when taken   together, bear the signatures of each of the other parties hereto.  Delivery of an executed   counterpart of a signature page of this Agreement by facsimile or in electronic (e.g. “pdf”   or “tif”) format shall be effective as delivery of a manually executed counterpart of this   Agreement.          (b)   Electronic Execution of Assignments.  The words “execution,” “signed,”   “signature,” and words of like import in any Assignment and Assumption shall be   deemed to include electronic signatures or the keeping of records in electronic form, each  of which shall be of the same legal effect, validity or enforceability as a manually   executed signature or the use of a paper-based recordkeeping system, as the case may be,                                       99   502181848 v5 1205867.00001  

 

    to the extent and as provided for in any applicable Law, including the Federal Electronic   Signatures in Global and National Commerce Act, the New York State Electronic   Signatures and Records Act, or any other similar state Laws based on the Uniform   Electronic Transactions Act.           10.14 No Advisory or Fiduciary Responsibility.  In connection with all aspects   of each transaction contemplated hereby, each Loan Party acknowledges and agrees, and   acknowledges its Affiliates’ understanding, that: (a) (i) the arranging and other services   regarding this Agreement provided by the Super Priority Agent and the Super Priority   Lenders are arm’s-length commercial transactions between the Loan Parties and their   respective Affiliates, on the one hand, and the Super Priority Agent and the Super Priority   Lenders, on the other hand, (ii) each of the Loan Parties has consulted its own legal,   accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (iii)   each of the Loan Parties is capable of evaluating, and understands and accepts, the terms,   risks and conditions of the transactions contemplated by this Agreement and by the other   Super Priority Loan Documents, (b) (i) the Super Priority Agent and the Super Priority   Lenders each is and has been acting solely as a principal and, except as expressly agreed  in writing by the relevant parties, has not been, is not, and will not be acting as an  advisor, agent or fiduciary for any Loan Party or any of their respective Affiliates, or any   other Person and (ii) neither the Super Priority Agent nor any Super Priority Lender has   any obligation to any Loan Party or any of their respective Affiliates with respect to the   transactions contemplated hereby except those obligations expressly set forth in this   Agreement and in the other Super Priority Loan Documents and (c) the Super Priority   Agent, the Super Priority Lenders, and their respective Affiliates may be engaged in a   broad range of transactions that involve interests that differ from those of the Loan   Parties and their respective Affiliates, and neither the Super Priority Agent nor any Super   Priority Lender has any obligation to disclose any of such interests to any Loan Party or  any of their respective Affiliates. To the fullest extent permitted by Law, each of the  Loan Parties hereby waives and releases any claims that it may have against the Super  Priority Agent and the Super Priority Lenders with respect to any breach or alleged  breach of agency or fiduciary duty in connection with any aspect of any transaction  contemplated hereby.         10.15 Severability.  If any provision of this Agreement or the other Super   Priority Loan Documents is held to be illegal, invalid or unenforceable, (a) the legality,   validity and enforceability of the remaining provisions of this Agreement and the other  Super Priority Loan Documents shall not be affected or impaired thereby and (b) the  parties shall endeavor in good faith negotiations to replace the illegal, invalid or   unenforceable provisions with valid provisions the economic effect of which comes as   close as possible to that of the illegal, invalid or unenforceable provisions.  The invalidity  of a provision in a particular jurisdiction shall not invalidate or render unenforceable such   provision in any other jurisdiction.          10.16 USA PATRIOT Act.  Each Super Priority Lender that is subject to the   PATRIOT Act and the Super Priority Agent (for itself and not on behalf of any Super  Priority Lender) hereby notifies the Borrower that pursuant to the requirements of the  PATRIOT Act, it is required to obtain, verify and record information that identifies each                                      100   502181848 v5 1205867.00001  

 

    Loan Party, which information includes the name and address of each Loan Party and   other information that will allow such Super Priority Lender or the Super Priority Agent,   as applicable, to identify each Loan Party in accordance with the PATRIOT Act.  The   Borrower shall, promptly following a request by the Super Priority Agent or any Super   Priority Lender, provide all documentation and other information that the Super Priority   Agent or such Super Priority Lender requests in order to comply with its ongoing   obligations under applicable “know your customer” and anti-money laundering rules and   regulations, including the PATRIOT Act.          10.17 Release.  Each of the Parent, Holdings, the Borrower, on behalf of itself   and its Subsidiaries, successors, assigns and other legal representatives, hereby releases,  waives, and forever relinquishes all claims, demands, obligations, liabilities and causes of   action of whatever kind or nature (collectively, the “Claims”), whether known or   unknown, which any of them have, may have, or might assert at the time of the execution   of this Agreement or in the future against the Super Priority Agent the Super Priority   Lenders and/or their respective present and former parents, affiliates, participants,   officers, directors, employees, agents, attorneys, accountants, consultants, attorney’s   consultants (including, without limitation, Berkeley Research Group, LLC), and each of   their respective successors and assigns (each a “Releasee”), directly or indirectly, which   occurred, existed, were taken, permitted or begun from the beginning of time through the   date hereof, arising out of, based upon, or in any manner connected with (a) this   Agreement or any other Super Priority Loan Document or Loan Documents (as defined   in the Existing Credit Agreement) and/or the administration thereof or the Obligations or   any other obligations created thereby, (b) any discussions, commitments, negotiations,   conversations or communications with respect to the refinancing, restructuring or   collection of any of the Obligations, or (c) any matter related to the foregoing; provided   that (i) the foregoing shall not release Claims arising following the date hereof, and (ii)   such release shall not be available to any Releasee with respect to a Claim to the extent   that such Claim is determined by a court of competent jurisdiction by final and non-  appealable judgment to have resulted from the gross negligence or willful misconduct of   such Releasee.          10.18 Inconsistencies with Other Documents.  In the event there is a conflict or   inconsistency between this Agreement and any other Super Priority Loan Document, the   terms of this Agreement shall control; provided that any provision of the Collateral   Documents which imposes additional burdens on a Loan Party or any of its Subsidiaries   or further restricts the rights of a Loan Party or any of its Subsidiaries or gives the Super   Priority Agent or Super Priority Lenders additional rights shall not be deemed to be in  conflict or inconsistent with this Agreement and shall be given full force and effect.           10.19 Acknowledgement and Consent to Bail-In of EEA Financial Institutions.    Notwithstanding anything to the contrary in any Super Priority Loan Document or in any   other agreement, arrangement or understanding among any such parties, each party   hereto acknowledges that any liability of any EEA Financial Institution arising under any   Super Priority Loan Document, to the extent such liability is unsecured, may be subject to   the write-down and conversion powers of an EEA Resolution Authority and agrees and   consents to, and acknowledges and agrees to be bound by:                                      101   502181848 v5 1205867.00001  

 

         (a)   the application of any Write-Down and Conversion Powers by an EEA  Resolution Authority to any such liabilities arising hereunder which may be payable to it  by any party hereto that is an EEA Financial Institution; and         (b)   the effects of any Bail-in Action on any such liability, including, if  applicable:               (i)   a reduction in full or in part or cancellation of any such liability;               (ii)  a conversion of all, or a portion of, such liability into shares or       other instruments of ownership in such EEA Financial Institution, its parent       undertaking, or a bridge institution that may be issued to it or otherwise conferred        on it, and that such shares or other instruments of ownership will be accepted by it        in lieu of any rights with respect to any such liability under this Agreement or any       other Super Priority Loan Document; or              (iii) the variation of the terms of such liability in connection with the        exercise of the write-down and conversion powers of any EEA Resolution        Authority.                            [Signature pages follow.]                                                             102  502181848 v5 1205867.00001  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                              ANNEX A                                                                                                                               COMMITMENTS                            AND APPLICABLE PERCENTAGES                                                   Super Priority Lender            Commitment               Applicable Percentage   Compass Bank                 $5,016,558.07                64.729781550%  LegacyTexas Bank             $610,662.56                  7.879516903%  Bank of America, N.A.        $581,583.39                  7.504301806%  Franklin Synergy Bank        $581,583.39                  7.504301806%  First Tennessee Bank         $581,583.39                  7.504301806%  BOKF, NA dba Bank of Texas   $378,029.20                  4.877796129%  Total                        $7,750,000.00 100.000000000%                                                      502247812 v1  

 

                                                                              ANNEX B                            MORTGAGE SUPPORT DOCUMENTS    Annex B to the Existing Credit Agreement is hereby incorporated herein by reference mutatis mutandis  and shall be deemed modified in accordance with the provisions of Section 1.2(d) of the Agreement.   502247812 v1  

 

                                                                              ANNEX C                                       GUARANTORS                                       Loan Party                     Jurisdiction              1.   Athas Administrative LLC                          Texas             2.   Athas Health LLC                                  Texas             3.   Athas Holdings LLC                                Texas             4.   Central Dallas Management, LLC                    Texas             5.   Central Medical Solutions LLC                     Texas             6.   Chandler Surgery Center, LLC                     Arizona             7.   Concertis, LLC                                    Texas             8.   Downtown Dallas Surgery Center, LLC               Texas             9.   Hermann Drive Surgical Hospital, LP               Texas             10.  Houston Microsurgery Institute, LLC               Texas             11.  Marsh Lane Surgical Hospital, LLC                 Texas             12.  MPDSC, LLC                                        Texas             13.  NHC Arizona Professional Associates, LLC         Arizona             14.  Nobilis Arizona Holding Company, LLC             Arizona             15.  Nobilis Health Corp.                         British Columbia                  (PARENT)             16.  Nobilis Health Marketing, LLC                     Texas             17.  Nobilis Surgical Assist, LLC                      Texas             18.  Nobilis Vascular Holding Company, LLC            Arizona             19.  Nobilis Vascular Texas, LLC                       Texas             20.  North Phoenix ASC Management, LLC                Arizona             21.  Northstar Healthcare General Partner, L.L.C.    Delaware             22.  Northstar Healthcare Holdings, Inc.             Delaware                  (HOLDINGS)             23.  Northstar Healthcare Limited Partner, L.L.C.    Delaware             24.  Northstar Healthcare Management Company, LLC      Texas             25.  Northstar Healthcare Subco, L.L.C.              Delaware             26.  Northstar Healthcare Surgery Center - Houston, LLC  Texas             27.  Northstar Healthcare Surgery Center – Scottsdale, LLC  Arizona             28.  Oracle Surgery Center, LLC                       Arizona             29.  Peak Neuromonitoring Associates - Texas, LLC Texas             30.  Peak Neuromonitoring Associates - Texas II, LLC Texas             31.  Peak Surgeon Innovations, LLC                     Texas             32.  Phoenix Surgery Center, LLC                      Arizona             33.  Plano Surgical Management, LLC                    Texas             34.  Premier Health Specialists, LLC                  Arizona             35.  PSH Management, LLC                               Texas             36.  Southwest Freeway Surgery Center Management, LLC  Texas             37.  Southwest Freeway Surgery Center, LLC             Texas             38.  Southwest Houston Surgical Assist, LLC            Texas             39.  The Palladium for Surgery - Dallas, Ltd.          Texas       502247812 v1  

 

                                                                              ANNEX E                                       CORE ASSETS                                                         1.     Plano Surgical Hospital (Hospital)            2.     First Street / Bellaire Surgical Hospital (Hospital)            3.     First Street Surgical Center (ASC)            4.     Elite Hospital Management (Hospital)            5.     Elite Center for Minimally Invasive Surgery (ASC)            6.     Houston Metro Orthopedic & Spine Surgery-Elite (ASC)            7.     Elite Sinus Spine & Ortho (ASC)            8.     Kirby Surgical Center (Hospital)            9.     Uptown Surgery Center (ASC)            10.     Piney Point Women’s Center (ASC)            11.     P5 Performance (Clinic)            12.     IOM / Peak Neuromonitoring (Ancillary Services)            13.     Anesthesia (Ancillary Services)            14.     First Assist (Ancillary Services)            15.     Scottsdale Liberty Hospital (Hospital)                    502247812 v1  

 

                                                                              ANNEX F                           INTERCOMPANY PROMISSORY NOTES                                                  1)  Intercompany Promissory Note, effective December 1, 2017, executed by Elite Sinus Spine and         Ortho, LLC and made payable to the order of Northstar Healthcare Surgery Center – Houston         LLC, in an aggregate principal amount of up to $500,000.00.     2)  Intercompany Promissory Note, effective December 1, 2017, executed by Elite Hospital         Management, LLC and made payable to the order of Northstar Healthcare Surgery Center –         Houston LLC, in an aggregate principal amount of up to $500,000.00.     3)  Intercompany Promissory Note, effective December 1, 2017, executed by $500,000.00 of Elite         Center for Minimally Invasive Surgery, LLC and made payable to the order of Northstar         Healthcare Surgery Center – Houston LLC, in an aggregate principal amount of up to         $500,000.00.     4)  Intercompany Promissory Note, effective December 1, 2017, executed by Houston Metro Ortho         and Spine Surgery Center, LLC and made payable to the order of Northstar Healthcare Surgery         Center – Houston LLC, in an aggregate principal amount of up to $500,000.00.                                                                                                             502247812 v1  

 

                                                                              ANNEX G                                        LIEN FILING           UCC Filing against Perimeter Road Surgical Hospital, LLC, as Debtor, in favor of Cardinal         Health, as Secured Party, filed on 2/10/16 with the Arizona Secretary of State (Filing # 2016-        0006161).                                                                502247812 v1  

 

                                                                             ANNEX H                                   LITIGATION MATTERS          1)  Houston Metro Ortho and Spine Surgery Center LLC v. Richard Francis, M.D., Juansrich            Ltd., and Juansrich Management, LLC, Cause No. 2015-24460, District Court of Harris            County (215th Judicial District Court)                     2) Leo Van ‘T Hoofd, Individually and On Behalf of All Others Similarly Situated v. Nobilis            Health Corp., Harry Fleming, David Young, and Kenneth J. Klein, United States District            Court, Southern District of Texas, Houston Division.                                                                502247812 v1  

 

                                                                              ANNEX I                               POST-CLOSING LOAN PARTIES                1.   First Nobilis, LLC                             Texas               2.   Bellaire Surgical Hospital Holdings, LLC       Texas              3.   First Nobilis Hospital, LLC                    Texas              4.   First Nobilis Surgical Center, LLC             Texas              5.   First Nobilis Hospital Management, LLC         Texas              6.   Houston Surgical Management, LLC               Texas              7.   Nobilis Uptown Holding, LLC                    Texas              8.   Perimeter Road Surgical Hospital, LLC         Arizona              9.   The Palladium for Surgery - Houston, Ltd.      Texas                                                 502247812 v1  

 

                                 EXHIBIT A                              FORM OF LOAN NOTICE                   502232767 v1  

 

                           FORM OF LOAN NOTICE                              Dated as of:_____________   Compass Bank,      as Super Priority Agent  8080 N. Central Expressway  Suite 400  Dallas, TX 75206   Ladies and Gentlemen:         This irrevocable Loan Notice is delivered to you pursuant to Section 4.1(a)(i) of the  Super Priority Credit Agreement dated as of May ___, 2019 (the “Super Priority Credit  Agreement”), by and among Northstar Healthcare Acquisitions, L.L.C., a Delaware limited  liability company (the “Borrower”), the other Loan Parties party thereto, the Super Priority  Lenders party thereto, and Compass Bank, as Super Priority Agent. Capitalized terms used  herein and not defined herein shall have the meanings assigned thereto in the Super Priority  Credit Agreement.      A.    The Borrower hereby requests that the Super Priority Lenders make a Loan to the           Borrower in the aggregate principal amount of $7,750,000 pursuant to and in           accordance with Section 2.1(a) of the Super Priority Credit Agreement.      B.    The Borrower hereby requests that such Loan be made on the following Business           Day:  May ___, 2019.   All of the conditions precedent specified in Section 4.1 and Section 4.2 of the Super Priority  Credit Agreement have been satisfied as of the date hereof.                               [signature page follows]                                [Signature Page to Loan Notice]  

 

      IN WITNESS WHEREOF, the undersigned has executed this Loan Notice as of the day  and year first written above.                                             NORTHSTAR HEALTHCARE                                            ACQUISITIONS, L.L.C.                                             By:_________________________________                                            Name:                                            Title:                                [Signature Page to Loan Notice]  

 

         EXHIBIT B   FORM OF PROMISSORY NOTE  

 

                              PROMISSORY NOTE                                                                     May ___, 2019         FOR VALUE RECEIVED, the undersigned, Northstar Healthcare Acquisitions, L.L.C., a  Delaware limited liability company (the “Borrower”), promises to pay to _________________ or   its registered assigns (the “Super Priority Lender”), at the place and times provided in the Super   Priority Credit Agreement referred to below, the unpaid principal amount of the Loan made by   the Super Priority Lender pursuant to that certain Super Priority Credit Agreement, dated as of   May __, 2019 (the “Super Priority Credit Agreement”) by and among the Borrower, the Parent,   Holdings, the other Loan Parties thereto, the Super Priority Lenders party thereto, and Compass   Bank, as Super Priority Agent. Capitalized terms used herein and not defined herein shall have   the meanings assigned thereto in the Super Priority Credit Agreement.          The unpaid principal amount of this Promissory Note from time to time outstanding is   payable as provided in the Super Priority Credit Agreement and shall bear interest as provided in   Section 2.8 of the Super Priority Credit Agreement. All payments of principal and interest on this   Promissory Note shall be payable in Dollars in immediately available funds as provided in the   Super Priority Credit Agreement.          This Promissory Note is entitled to the benefits of, and evidences Obligations incurred   under, the Super Priority Credit Agreement, to which reference is made for a description of the   security for this Promissory Note and for a statement of the terms and conditions on which the   Borrower is permitted and required to make prepayments and repayments of principal of the   outstanding Obligations evidenced by this Promissory Note and on which such Obligations may   be declared to be immediately due and payable.          THIS PROMISSORY NOTE SHALL BE GOVERNED BY, CONSTRUED AND   ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.          The Borrower hereby waives all requirements as to diligence, presentment, demand of   payment, protest and (except as required by the Super Priority Credit Agreement) notice of any   kind with respect to this Promissory Note.               [Remainder of page intentionally left blank; signature page follows] 

 

      IN WITNESS WHEREOF, the undersigned has executed this Promissory Note under seal  as of the day and year first above written.                                                                                                    NORTHSTAR HEALTHCARE                                                  ACQUISITION, L.L.C.                                                                                                    By:________________________                                                  Name:                                                  Title:                          [SIGNATURE PAGE - PROMISSORY NOTE]                

 

             EXHIBIT C   FORM OF COMPLIANCE CERTIFICATE  

 

                          COMPLIANCE CERTIFICATE                             Dated as of:_____________ (the “Determination Date”)         The undersigned Chief Restructuring Officer and Chief Financial Officer (collectively,  the “Officers”) of Northstar Healthcare Acquisitions, L.L.C., a Delaware limited liability  company (the “Borrower”) hereby certify to the Super Priority Agent and the Super Priority  Lenders, each as defined in the Super Priority Credit Agreement referred to below, as follows:         1.    This certificate is delivered to you pursuant to Section 6.2(b) of the Super Priority  Credit Agreement dated as of May __, 2019 (the “Super Priority Credit Agreement”), by and  among Parent, Holdings, the Borrower, the other Loan Parties party thereto, the Super Priority  Lenders party thereto and Compass Bank, as Super Priority Agent. Capitalized terms used herein  and not defined herein shall have the meanings assigned thereto in the Super Priority Credit  Agreement.           2.    As used herein “Measurement Period” means the period beginning [______] and  ending [_____]1         3.    The Officers have reviewed the reports attached hereto as Annex 1 (the “Reports”)  and hereby affirm that such Reports are (i) true, correct and complete in all material respects as of  the Determination Date and (ii) set forth the Loan Parties’:             (a) actual cash expenses and other disbursements during the Measurement Period              compared against the projected cash expenses and other disbursements for such              Measurement Period as set forth in the most recent Approved Budget;                         (b) actual cash receipts during the Measurement Period compared against the projected              cash receipts for such Measurement Period as set forth in the most recent              Approved Budget;                   (c) the actual surgical cases performed during the Measurement Period compared              against the projected surgical cases for such Measurement Period as set forth in the              most recent Approved Budget;                   (d) outstanding Disbursements as of the end of the Measurement Period compared              against the projected amount of such Disbursements as of such Determination Date              as set forth in the most recent Approved Budget; and                   (e) Cash Availability as of the end of the Measurement Period compared against              required Cash Availability as of such Determination Date pursuant to the most              recent Approved Budget.                                                                                     1 NTD: To be the one week period ending on the Determination Date for which this Compliance Certificate is  delivered.                                       Exhibit C                               Form of  Compliance Certificate  502232774 v2  

 

      4.    The Officers hereby certify as of the Determination Date that:            (a) during the Measurement Period, the aggregate amount of the Loan Parties’ actual              cash expenses and other disbursements during such Measurement Period              [were][were not] more than 110% of the projected cash expenses and other              disbursements for such Measurement Period as set forth in the most recent              Approved Budget;                         (b) during the Measurement Period, the aggregate amount of Loan Parties’ actual cash              receipts during such Measurement Period [were][were not] less than 90% of the              projected cash receipts for such Measurement Period as set forth in the most recent              Approved Budget;                         (c) during the Measurement Period, the Loan Parties’ actual surgical cases performed              during such Measurement Period [were][were not] less than 90% of the projected              surgical cases for such Measurement Period as set forth in the most recent              Approved Budget;                         (d) during the Measurement Period, the Loan Parties’ outstanding Disbursements as of              the Determination Date [were][were not] more than 110% of the projected amount              of such Disbursements as of the Determination Date as set forth in the most recent              Approved Budget; and                           (e) the Loan Parties’ Cash Availability [is] [is not] at the level required in most recent              Approved Budget.         The financial covenant calculations set forth in clauses (a) though (e) above exclude (i)        fees and expenses paid to (x) the Loan Parties’ professionals (including attorneys and        financial advisors) in connection with any restructuring, (y) the Super Priority Agent’s        professionals (including attorneys and attorney’s financial advisors) and (z) the Existing        Administrative Agent’s professionals (including attorneys and attorney’s financial        advisors) and (ii) all debt service payable to the Existing Lenders or Super Priority        Lenders.         5.    The Officers have reviewed the comparison attached hereto as Annex 2 (the        “Comparison”), of the actual results of the Loan Parties during the most recent        Measurement Period against each line item in the most recent Approved Budget, and        certify that such Comparison is true, correct and complete in all material respects as of the        Determination Date.                   [Remainder of page intentionally left blank; signature page follows]                                         Exhibit C                               Form of  Compliance Certificate  502232774 v2  

 

       IN WITNESS WHEREOF, the undersigned has executed this Compliance Certificate as   of the day and year first written above.                                   NORTHSTAR HEALTHCARE ACQUISITIONS,                                  L.L.C.                                   By: ___________________________                                   Name: Daniel R. Wiggins                                  Title: Chief Restructuring Officer                                   By: ___________________________                                   Name: Brandon Moreno                                  Title: Chief Financial Officer                                        Exhibit C                               Form of  Compliance Certificate  502232774 v2  

 

                     ANNEX 1 TO COMPLIANCE CERTIFICATE                                                                               REPORTS                                                                              [see attached]                                         Exhibit C                               Form of  Compliance Certificate  502232774 v2  

 

                     ANNEX 2 TO COMPLIANCE CERTIFICATE                                                                             COMPARISON                                                                               [see attached]                                                                                    Exhibit C                               Form of  Compliance Certificate  502232774 v2  

 

                                       EXHIBIT D                         FORM OF ASSIGNMENT AND ASSUMPTION                                            EXHIBIT D                                Form of Assignment and Assumption  502232778 v2  

 

                        ASSIGNMENT AND ASSUMPTION         This Assignment and Assumption (the “Assignment and Assumption”) is dated as of the  Effective Date set forth below and is entered into by and between [INSERT NAME OF  ASSIGNOR]  (the “Assignor”) and the parties identified on the Schedules hereto and [the]  [each]1Assignee identified on the Schedules hereto as “Assignee” or as “Assignees” (collectively,  the “Assignees” and each, an “Assignee”). [It is understood and agreed that the rights and  obligations of the Assignees hereunder are several and not joint.]2 Capitalized terms used but not  defined herein shall have the meanings given to them in the Super Priority Credit Agreement  identified below (as amended, restated, supplemented, or otherwise modified, the “Super Priority  Credit Agreement”), receipt of a copy of which is hereby acknowledged by [the] [each] Assignee.  The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and  incorporated herein by reference and made a part of this Assignment and Assumption as if set  forth herein in full.         For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the  [Assignee] [respective Assignees], and [the] [each] Assignee hereby irrevocably purchases and  assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions  and the Super Priority Credit Agreement, as of the Effective Date inserted by the Super Priority  Agent as contemplated below (i) all of the Assignor’s rights and obligations in its capacity as a  Super Priority Lender under the Super Priority Credit Agreement and any other documents or  instruments delivered pursuant thereto to the extent related to the amount and percentage interest  identified below of all of such outstanding rights and obligations of the Assignor under the  facilities identified below (including without limitation any guarantees included in such facilities)  and (ii) to the extent permitted to be assigned under Law, all claims, suits, causes of action and  any other right of the Assignor (in its capacity as a Super Priority Lender) against any Person,  whether known or unknown, arising under or in connection with the Super Priority Credit  Agreement, any other documents or instruments delivered pursuant thereto or the loan  transactions governed thereby or in any way based on or related to any of the foregoing,  including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and  all other claims at law or in equity related to the rights and obligations sold and assigned pursuant  to clause (i) above (the rights and obligations sold and assigned to [the] [any] Assignee pursuant  to clauses (i) and (ii) above being referred to herein collectively as, [the] [an] “Assigned  Interest”). Each such sale and assignment is without recourse to the Assignor and, except as  expressly provided in this Assignment and Assumption, without representation or warranty by  the Assignor.   1.    Assignor:               [INSERT NAME OF ASSIGNOR]   2.    Assignee(s):            See Schedules attached hereto   3.    Borrower: Northstar Healthcare Acquisitions, L.L.C.                                                               1 For bracketed language here and elsewhere in this form relating to the Assignee(s), if the assignment is to a single Assignee,  choose the first bracketed language. If the assignment is to multiple Assignees, choose the second bracketed language.  2 Include bracketed language if there are multiple Assignees.                                     EXHIBIT D                             Form of Assignment and Assumption  

 

     4.     Super Priority Agent:      Compass Bank, as the Super Priority Agent under the                                    Super Priority Credit Agreement                                      5.     Super Priority Credit Agreement:  The Super Priority Credit Agreement dated as of May __, 2019, by and                                    among Northstar Healthcare Acquisitions, L.L.C., as Borrower, Nobilis                                    Health Corp., as Parent, Northstar Healthcare Holdings, Inc., as                                    Holdings, the other Loan Parties party thereto, the Super Priority                                    Lenders party thereto, and Compass Bank, as Super Priority Agent (as                                    amended, restated, supplemented or otherwise modified)   6.     Assigned Interest:         See Schedules attached hereto   7. Trade Date:                    [______________]3                     [Remainder of page intentionally left blank; signature page follows]                                                               3 To be completed if the Assignor and the Assignees intend that the minimum assignment amount is to be determined as of the  Trade Date.                                          EXHIBIT D                                Form of Assignment and Assumption  

 

Effective Date:  _______________ ___, 20__ [TO BE INSERTED BY THE SUPER PRIORITY  AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER  IN THE REGISTER THEREFOR]   The terms set forth in this Assignment and Assumption are hereby agreed to:                                       ASSIGNOR                                      [NAME OF ASSIGNOR]                                        By: ____________________________                                       Name:                                      Title:                                       ASSIGNEES                                       See Schedules attached hereto                                                                                                                   EXHIBIT D                             Form of Assignment and Assumption  

 

 [Consented to and]4 Accepted:    COMPASS BANK,   as Super Priority Agent    By: ______________________   Name:   Title:                                                                    4   To be added only if the consent of the Super Priority Agent is required by the terms of the Super Priority Credit Agreement.                                                             EXHIBIT D                                               Form of Assignment and Assumption  

 

                                  SCHEDULE 1                              to Assignment and Assumption    By its execution of this Schedule, the Assignee identified on the signature block below agrees to   the terms set forth in the attached Assignment and Assumption.    Assigned Interests:       Aggregate       Amount of       Percentage    CUSIP Number     Amount of       Commitment/      Assigned of                                 6    Commitment/    Loans Assigned   Commitment/                                             7    Loans for all                      Loans    Super Priority              5      Lenders    $ $                                     %    $ $                                     %  $ $                                     %                                                             8                                      [NAME OF ASSIGNEE]                                         [and is an Affiliate/Approved Fund of [identify                                       Lender]9]                                       By:_________________________________                                      Name:                                      Title:                                                                5   Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective  Date.  6   Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective  Date.  7   Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Super PriorityLenders thereunder.  8   Add additional signature blocks, as needed.  9   Select as appropriate.                                     EXHIBIT D                             Form of Assignment and Assumption  

 

                                   ANNEX 1                              to Assignment and Assumption                       STANDARD TERMS AND CONDITIONS FOR                          ASSIGNMENT AND ASSUMPTION          1.   Representations and Warranties.                1.1  Assignor. The Assignor (a) represents and warrants that (i) it is the legal  and beneficial owner of [the] [the relevant] Assigned Interest, (ii) [the] [such] Assigned Interest  is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and  authority, and has taken all action necessary, to execute and deliver this Assignment and  Assumption and to consummate the transactions contemplated hereby and (iv) it is [not] a  Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements,  warranties or representations made in or in connection with the Super Priority Credit Agreement  or any other Super Priority Loan Document, (ii) the execution, legality, validity, enforceability,  genuineness, sufficiency or value of the Super Priority Loan Documents or any collateral  thereunder, (iii) the financial condition of Parent, any of its Subsidiaries or Affiliates, or any  other Person obligated in respect of any Super Priority Loan Document or (iv) the performance  or observance by the Loan Parties, any of their respective Subsidiaries or Affiliates, or any other  Person of any of their respective obligations under any Super Priority Loan Document.                              1.2. Assignee[s]. [The] [Each] Assignee (a) represents and warrants that (i) it  has full power and authority, and has taken all action necessary, to execute and deliver this  Assignment and Assumption and to consummate the transactions contemplated hereby and to  become a Super Priority Lender under the Super Priority Credit Agreement, (ii) it meets the  requirements of an Eligible Assignee under the Super Priority Credit Agreement (subject to such  consents, if any, as may be required thereunder the definition thereof and under Section 10.6(b)  of the Super Priority Credit Agreement), (iii) from and after the Effective Date, it shall be bound  by the provisions of the Super Priority Credit Agreement as a Super Priority Lender thereunder  and, to the extent of [the] [the relevant] Assigned Interest, shall have the obligations of a Super  Priority Lender thereunder, (iv) it is sophisticated with respect to decisions to acquire assets of  the type represented by the Assigned Interest and either it, or the Person exercising discretion in  making its decision to acquire [the] [such] Assigned Interest, is experienced in acquiring assets of  such type, (v) it has received a copy of the Super Priority Credit Agreement, and has received or  has been accorded the opportunity to receive copies of the most recent financial statements  delivered pursuant to Section 6.1 thereof, as applicable, and such other documents and  information as it deems appropriate to make its own credit analysis and decision to enter into this  Assignment and Assumption and to purchase [the] [such] Assigned Interest, (vi) it has,  independently and without reliance upon the Super Priority Agent or any other Super Priority  Lender and based on such documents and information as it has deemed appropriate, made its own  credit analysis and decision to enter into this Assignment and Assumption and to purchase [the]  [such] Assigned Interest, and (vii) attached to the Assignment and Assumption is any  documentation required to be delivered by it pursuant to the terms of the Super Priority Credit  Agreement (including documentation required under Section 3.1 of the Super Priority Credit  Agreement), duly completed and executed by [the] [such] Assignee; (b) agrees that (i) it will,  independently and without reliance upon the Super Priority Agent, [the] [any] Assignor or any                                     EXHIBIT D                             Form of Assignment and Assumption  

 

other Super Priority Lender, and based on such documents and information as it shall deem  appropriate at the time, continue to make its own credit decisions in taking or not taking action  under the Super Priority Loan Documents, and (ii) it will perform in accordance with their terms  all of the obligations which by the terms of the Super Priority Loan Documents are required to be  performed by it as a Super Priority Lender; and (c) appoints and authorizes the Super Priority  Agent to take such action on its behalf and to exercise such powers under the Super Priority  Credit Agreement and the other Super Priority Loan Documents as are delegated to or otherwise  conferred upon the Super Priority Agent by the terms thereof, together with such powers as are  reasonably incidental thereto.          2.    Payments. From and after the Effective Date, the Super Priority Agent shall make   all payments in respect of [the] [each] Assigned Interest (including payments of principal,   interest, fees and other amounts) to [the] [the relevant] Assignor for amounts which have   accrued to but excluding the Effective Date and to [the] [the relevant] Assignee for amounts   which have accrued from and after the Effective Date.          3.    General Provisions. This Assignment and Assumption shall be binding upon, and   inure to the benefit of, the parties hereto and their respective successors and permitted assigns.   This Assignment and Assumption may be executed in any number of counterparts (and by   different parties hereto in different counterparts), each of which shall constitute an original, but   all of which together shall constitute one instrument. Delivery of an executed counterpart of a   signature page of this Assignment and Assumption by telecopy or other electronic imaging   means shall be effective as delivery of a manually executed counterpart of this Assignment and   Assumption. This Assignment and Assumption shall be governed by, and construed in   accordance with, the law of the State of New York.                                       EXHIBIT D                             Form of Assignment and Assumption  

 

                 EXHIBIT E-1   FORM OF U.S. TAX COMPLIANCE CERTIFICATE     (NON-PARTNERSHIP FOREIGN LENDERS)     502232790 v2  

 

                      U.S. TAX COMPLIANCE CERTIFICATE      (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes)         Reference is hereby made to the Super Priority Credit Agreement dated as of May __,  2019 (the “Super Priority Credit Agreement”), by and among Northstar Healthcare Acquisitions,  L.L.C., a Delaware limited liability company (the “Borrower”), Nobilis Health Corp. (the  “Parent”), Northstar Healthcare Holdings, Inc. (“Holdings”), the other Loan Parties party thereto,  the lenders who are or may become a party thereto, as Super Priority Lenders, and Compass Bank,  as Super Priority Agent. Capitalized terms used herein and not defined herein shall have the  meanings assigned thereto in the Super Priority Credit Agreement.        Pursuant to the provisions of Section 3.1 of the Super Priority Credit Agreement, the  undersigned hereby certifies that (a) it is the sole record and beneficial owner of the Loan(s) (as  well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate,  (b) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (c) it is not a ten  percent (10%) shareholder of the Borrower within the meaning of Section 881(c)(3)(B) of the  Code and (d) 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 Super Priority Agent and the Borrower with a  certificate of its non-U.S. Person status on IRS Form W-8BEN-E (or W-8BEN, as applicable). By  executing this certificate, the undersigned agrees that (a) if the information provided on this  certificate changes, the undersigned shall promptly so inform the Borrower and the Super Priority  Agent and (b) the undersigned shall have at all times furnished the Borrower and the Super  Priority 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 (2) calendar  years preceding such payments.   [NAME OF LENDER]   By: __________________________________________       Name:      Title:  Date: ________ __, 20__                                      EXHIBIT E-1                       FORM OF U.S. TAX COMPLIANCE CERTIFICATE                          (NON-PARTNERSHIP FOREIGN LENDERS)  

 

                                                                                                                                                                                                                                                                                                    

 

                 EXHIBIT E-2   FORM OF U.S. TAX COMPLIANCE CERTIFICATE  (NON-PARTNERSHIP FOREIGN PARTICIPANTS)     502232797 v3  

 

                      U.S. TAX COMPLIANCE CERTIFICATE     (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes)         Reference is hereby made to the Super Priority Credit Agreement dated as of May __,   2019 (the “Super Priority Credit Agreement”), by and among Northstar Healthcare Acquisitions,   L.L.C., a Delaware limited liability company (the “Borrower”), Nobilis Health Corp. (the   “Parent”), Northstar Healthcare Holdings, Inc. (“Holdings”), the other Loan Parties party thereto,   the lenders who are or may become a party thereto, as Super Priority Lenders, and Compass Bank,   as Super Priority Agent. Capitalized terms used herein and not defined herein shall have the   meanings assigned thereto in the Super Priority Credit Agreement.         Pursuant to the provisions of Section 3.1 of the Super Priority Credit Agreement, the   undersigned hereby certifies that (a) it is the sole record and beneficial owner of the participation   in respect of which it is providing this certificate, (b) it is not a bank within the meaning of   Section 881(c)(3)(A) of the Code, (c) it is not a ten percent (10%) shareholder of the Borrower   within the meaning of Section 881(c)(3)(B) of the Code and (d) 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 Super Priority Lender with a certificate of   its non-U.S. Person status on IRS Form W-8BEN-E (or W-8BEN, as applicable). By executing   this certificate, the undersigned agrees that (a) if the information provided on this certificate   changes, the undersigned shall promptly so inform such Super Priority Lender in writing and (b)   the undersigned shall have at all times furnished such Super Priority 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 (2) calendar years preceding such payments.   [NAME OF PARTICIPANT]   By: __________________________________________       Name:      Title:  Date: ________ __, 20__                                      EXHIBIT E-2                        FORM OF U.S. TAX COMPLIANCE CERTIFICATE                        (NON-PARTNERSHIP FOREIGN PARTICIPANTS)  

 

                 EXHIBIT E-3   FORM OF U.S. TAX COMPLIANCE CERTIFICATE     (FOREIGN PARTICIPANT PARTNERSHIPS)     502232800 v2  

 

                      U.S. TAX COMPLIANCE CERTIFICATE       (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes)         Reference is hereby made to the Super Priority Credit Agreement dated as of May __,  2019 (the “Super Priority Credit Agreement”), by and among Northstar Healthcare Acquisitions,  L.L.C., a Delaware limited liability company (the “Borrower”), Nobilis Health Corp. (the  “Parent”), Northstar Healthcare Holdings, Inc. (“Holdings”), the other Loan Parties party thereto,  the lenders who are or may become a party thereto, as Super Priority Lenders, and Compass Bank,  as Super Priority Agent. Capitalized terms used herein and not defined herein shall have the  meanings assigned thereto in the Super Priority Credit Agreement.        Pursuant to the provisions of Section 3.1 of the Super Priority Credit Agreement, the  undersigned hereby certifies that (a) it is the sole record owner of the participation in respect of  which it is providing this certificate, (b) its direct or indirect partners/members are the sole  beneficial owners of such participation, (c) 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, (d) none of its direct or indirect  partners/members is a ten percent (10%) shareholder of the Borrower within the meaning of  Section 881(c)(3)(B) of the Code and (e) 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 Super Priority 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: (a) an IRS Form W-8BEN-E (or W-8BEN, as  applicable) or (b) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN-E (or W- 8BEN, as applicable) 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 (i) if  the information provided on this certificate changes, the undersigned shall promptly so inform  such Super Priority Lender and (ii) the undersigned shall have at all times furnished such  Super Priority 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 (2) calendar years preceding such payments.   [NAME OF PARTICIPANT]   By: __________________________________________       Name:      Title:  Date: ________  __, 20__                                        Exhibit E-3                            Form of U.S. Tax Compliance Certificate              (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes)                                            502232800 v2  

 

                 EXHIBIT E-4   FORM OF U.S. TAX COMPLIANCE CERTIFICATE        (FOREIGN LENDER PARTNERSHIPS)    502232803 v2  

 

                      U.S. TAX COMPLIANCE CERTIFICATE        (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)         Reference is hereby made to the Super Priority Credit Agreement dated as of May __,  2019 (the “Super Priority Credit Agreement”), by and among Northstar Healthcare Acquisitions,  L.L.C., a Delaware limited liability company (the “Borrower”), Nobilis Health Corp. (the  “Parent”), Northstar Healthcare Holdings, Inc. (“Holdings”), the other Loan Parties party thereto,  the lenders who are or may become a party thereto, as Super Priority Lenders, and Compass Bank,  as Super Priority Agent. Capitalized terms used herein and not defined herein shall have the  meanings assigned thereto in the Super Priority Credit Agreement.        Pursuant to the provisions of Section 3.1 of the Super Priority Credit Agreement, the  undersigned hereby certifies that (a) it is the sole record owner of the Loan(s) (as well as any  Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (b) its direct  or indirect partners/members are the sole beneficial owners of such Loan(s) (as well as any  Note(s) evidencing such Loan(s)), (c) with respect to the extension of credit pursuant to this  Super Priority Credit Agreement or any other Super Priority 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, (d) none of its direct or indirect partners/members is a ten  percent (10%) shareholder of the Borrower within the meaning of Section 881(c)(3)(B) of the  Code and (e) 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 Super Priority 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: (a) an IRS Form W-8BEN-E (or W-8BEN, as  applicable) or (b) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN-E (or W-8BEN,  as applicable) 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 (i) if the  information provided on this certificate changes, the undersigned shall promptly so inform the  Borrower and the Super Priority Agent and (ii) the undersigned shall have at all times furnished  the Borrower and the Super Priority 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 (2) calendar years preceding such payments.   [NAME OF LENDER]   By: __________________________________________       Name:      Title:  Date: ________ __, 20__                                        Exhibit E-4                            Form of U.S. Tax Compliance Certificate              (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)  502232803 v2a103superprioritypledgea

                                                               EXECUTION VERSION                                PLEDGE AGREEMENT          This PLEDGE AGREEMENT (this “Agreement”), dated as of May 22, 2019, is made   by each of the undersigned entities and each other Person who becomes a party hereto pursuant   to Section 18 (each a “Debtor” and collectively the “Debtors”) in favor of COMPASS BANK,   in its capacity as Super Priority Agent (the “Super Priority Agent”) for the benefit of the Secured   Parties (as defined in the Super Priority Credit Agreement referenced below).              SECTION 1.  DEFINITIONS.  All capitalized terms used but not otherwise defined   herein have the meanings set forth in that certain Super Priority Credit Agreement, dated as of  the date hereof among Northstar Healthcare Acquisitions, L.L.C., as borrower (“Borrower”), the   other Loan Parties from time to time party thereto, the Super Priority Lenders from time to time   party thereto, and the Super Priority Agent (as amended, restated, supplemented or otherwise   modified from time to time, the “Super Priority Credit Agreement”).            SECTION 2.  GRANT OF SECURITY INTEREST.  For valuable consideration, each   Debtor hereby grants, pledges, assigns, transfers, sets over and delivers, for the payment,   performance and satisfaction of the Obligations, to the Super Priority Agent for the benefit of the   Secured Parties a security interest in, subject to the last paragraph of this Section, all right, title,   and interest in and to the property of such Debtor described as follows (collectively, the   “Collateral”):          (a)   (i) in the case of each Domestic Subsidiary, one hundred percent (100%) of the   issued and outstanding Equity Interests of such Subsidiary and (ii) in the case of each First Tier   Foreign Subsidiary and FSHCO that is directly owned by any Debtor, sixty-five percent (65%)  of the issued and outstanding Equity Interests of such Subsidiary entitled to vote (within the  meaning of Treas. Reg. Section 1.956-2(c)(2)) and one hundred percent (100%) of the issued and  outstanding Equity Interests of such Subsidiary not entitled to vote (within the meaning of Treas.  Reg. Section 1.956-2(c)(2)), whether now existing or hereafter created or acquired (collectively,   the “Pledged Interests”), including, without limitation, the Equity Interests described on   Schedule 1 (such Subsidiaries, together with all other Subsidiaries whose Equity Interests may be   required to be subject to this Agreement from time to time, are referred to collectively as the   “Pledged Issuers”);          (b)   all money, securities, security entitlements and other investment property,   dividends, distributions, rights, general intangibles and other property at any time and from time   to time (i) declared or distributed in respect of or in exchange for or on conversion of any   Pledged Interest, or (ii) by its or their terms exchangeable or exercisable for or convertible into   any Pledged Interest;      502181846 v2 1205867.00001  

 

       (c)   all other property of whatever character or description, including money,   securities, security entitlements and other investment property, and general intangibles hereafter  delivered to the Super Priority Agent in substitution for or as an addition to any of the foregoing;          (d)   all securities accounts to which any or all of the foregoing may at any time be   credited and all certificates and instruments representing or evidencing any of the foregoing; and          (e)   whatever is receivable or received when any of the foregoing or the proceeds   thereof are sold, leased, collected, exchanged or otherwise disposed of, whether such disposition   is voluntary or involuntary, including, without limitation, all rights to payment, and all rights to   payment with respect to any claim or cause of action affecting or relating to any of the foregoing.    Notwithstanding anything to the contrary contained in this Section 2, Collateral shall not include   (collectively, the “Excluded Collateral”):  (i) any Equity Interests of any Subsidiary (other than   any wholly-owned Subsidiary) if, to the extent and so long as under the terms of the   Organization Documents of such Subsidiary the valid grant of a security interest or lien therein   to Super Priority Agent is prohibited and such prohibition has not been or is not waived or the  consent of the relevant third party has not been or is not otherwise obtained; provided that the  foregoing exclusion shall in no way be construed (x) to apply if any such prohibition is  unenforceable under Sections 9-401, 9-406(d), 9-407, 9-408 or 9-409 of the UCC or other Laws  or (y) so as to limit, impair or otherwise affect Super Priority Agent’s unconditional continuing  security interests in and liens upon any rights or interests of any Debtor in or to monies due or to   become due under any such Equity Interests, (the “Restricted Assets”), and (ii) any Equity   Interests of any Foreign Subsidiary (except for Equity Interests consisting of not more than 65%  of the voting power of all classes of capital stock (or other Equity Interests) entitled to vote of  any First Tier Foreign Subsidiary); provided that the proceeds of any Restricted Asset shall be   deemed to be Collateral.          SECTION 3.  REPRESENTATIONS AND WARRANTIES.  Each Debtor represents   and warrants to the Super Priority Agent for the benefit of the Secured Parties that: (a) Schedule   2 contains true and complete information as to each of the following: (i) the exact legal name of   such Debtor as of the date of execution by such Debtor of this Agreement or the Pledge Joinder   Agreement (as defined below) to which it is a party, as applicable (such date, with respect to   each Debtor, its “Applicable Date”), (ii) the jurisdiction of formation, and form of organization   of such Debtor as of its Applicable Date, (iii) the location of such Debtor’s chief executive office   as of its Applicable Date, (iv) the Federal Tax Identification Number of such Debtor assigned by  the Internal Revenue Service as of its Applicable Date; and (v) the identification number of such  Debtor in its jurisdiction of formation (if any) as of its Applicable Date; (b) all of such Debtor’s  Organization Documents delivered to the Super Priority Agent are complete and accurate in all  material respects; (c) such Debtor is the owner and has possession or control of the Collateral of   such Debtor; (d) such Debtor has the full power and authority to grant a security interest in the     502181846 v2 1205867.00001          2 

 

 Collateral of such Debtor; (e) all Collateral of such Debtor are free from Liens, adverse claims   and setoff, and are not subject to any voting trust, shareholders agreement, right of first refusal,   voting proxy, power of attorney or other similar arrangement, except for Permitted Liens and any   voting trust, shareholders agreement, right of first refusal, voting proxy, power of attorney or   other similar arrangement set forth on Schedule 1; (f) all statements contained herein of such   Debtor are true and complete in all material respects; (g) no financing statement covering any of   the Collateral of such Debtor, and naming any secured party other than the Super Priority Agent,   is on file in any public office (other than financing statements for Permitted Liens); (h) all of the   Pledged Interests of such Debtor are validly issued and outstanding, fully paid and non- assessable and, as of its Applicable Date, are accurately described on Schedule 1, and (i) to the   extent the Pledged Interests are certificated, such certificates have been delivered to the Super   Priority Agent or will be delivered to the Super Priority Agent (i) within two Business Days or   such longer period as is consented to by the Super Priority Agent in its sole discretion from the   date of this Agreement in the case of Pledged Interests existing on the date hereof, and (ii) within   one Business Day or such longer period as is consented to by the Super Priority Agent in its sole   discretion from the delivery of any Pledge Agreement Supplement (as defined below) or Pledge   Joinder Agreement in the case of Pledged Interests acquired after the date hereof, in each case in   accordance with Section 4(b).          SECTION 4.  COVENANTS OF DEBTORS.          (a)   Each Debtor agrees:  (i) without limiting the generality of Section 10.4 of the   Super Priority Credit Agreement (but subject to any limitations and restrictions contained   therein), to pay all reasonable out-of-pocket expenses incurred by the Super Priority Agent   (including, without limitation, the reasonable fees, charges and disbursements of counsel) in the   perfection and preservation of the Collateral for the benefit of the Secured Parties or the Secured   Parties’ interest therein and all out-of-pocket expenses incurred by the Super Priority Agent or   any Super Priority Lender (including the fees, charges and disbursements of any counsel) in   connection with the realization, enforcement and exercise of its rights, powers, and remedies   hereunder; (ii) to, at such Debtor’s expense (but not to exceed the obligation under the preceding   clause (i)), take all actions reasonably requested by the Super Priority Agent in connection with   the perfection and preservation of the Collateral or the Secured Parties’ interest therein and/or the   realization, enforcement and exercise of the Super Priority Agent’s rights, powers and remedies   hereunder; (iii) to execute and deliver such documents as the Super Priority Agent reasonably   deems necessary or desirable to create, perfect and continue the security interests contemplated   hereby; (iv) not to change its name or the jurisdiction in which it is organized and/or registered   except in accordance with Section 7.20 of the Super Priority Credit Agreement; (v) subject to   Section 6.16 of the Super Priority Credit Agreement, not to change the places where such Debtor   keeps any Collateral or such Debtor’s records concerning the Collateral without giving the Super   Priority Agent at least twenty days prior written notice of the address to which such Debtor is   moving same; and (vi) to cooperate with the Super Priority Agent in perfecting all security    502181846 v2 1205867.00001          3 

 

interests granted herein and use commercially reasonable efforts in obtaining such agreements  from third parties as the Super Priority Agent reasonably deems necessary, proper or convenient  in connection with the preservation, perfection or enforcement of any of its rights hereunder (in  each case, except as otherwise provided in the Super Priority Credit Agreement).   Notwithstanding the foregoing or anything else to the contrary set forth in this Agreement or any  other Super Priority Loan Document, the Super Priority Agent shall not require that security  interests in the Pledged Interests in any First Tier Foreign Subsidiary be perfected in any  jurisdiction outside of the United States on the Closing Date.         (b)   Each Debtor agrees with regard to the Collateral that the Super Priority Agent for  the benefit of the Secured Parties is authorized to file financing statements in the name of such  Debtor to perfect the Super Priority Agent’s security interest in Collateral.  Each Debtor shall (x)  deliver all certificates, instruments or, to the extent requested by the Super Priority Agent other  documents representing any Collateral to the Super Priority Agent at such location as the Super  Priority Agent shall from time to time designate by written notice pursuant to Section 8 for its  custody at all times until the Termination Date, together with such instruments of assignment and  transfer as reasonably requested by the Super Priority Agent, and (y) register and cause to be  registered the security interest of the Super Priority Agent in the Collateral on the registration  books of the applicable Pledged Issuer; provided that, to the extent the applicable Debtor does  not control the applicable Pledged Issuer, it shall use commercially reasonable efforts to register  and cause to be registered the security interest of the Super Priority Agent in the Collateral on the  registration books of such Pledged Issuer.         (c)   Without the prior consent of the Super Priority Agent, no Pledged Interest that, as  of the date hereof (i) does not constitute a “security” within the meaning of Article 8 of the New  York Uniform Commercial Code (“Article 8”) and (ii) is not represented or evidenced by  certificates or instruments, shall, after the date hereof, constitute a “security” within the meaning  of Article 8, unless (x) such Pledged Interest is of a corporation, (y) such Pledge Interest  becomes represented or evidenced by a certificate or instrument and such certificate or  instrument is delivered to the Super Priority Agent (together with such instruments of assignment  and transfer as reasonably requested by the Super Priority Agent) or (x) the Debtor that pledged  such Pledged Interest hereunder, the issuer of such Pledged Interest and the Super Priority Agent  enter into a control agreement with respect to such Pledged Interest (in form and substance  reasonably satisfactory to the Super Priority Agent).         (d)   Within five (5) Business Days of the Closing Date (or such later date as the Super  Priority Agent may agree in writing in its sole discretion) the Debtors shall cause all Equity  Interests held by Borrower in NHC ASC - Dallas, LLC to become Pledged Interests in  accordance with the terms of this Agreement and shall cause Borrower to execute and deliver to  the Super Priority Agent a Pledge Agreement Supplement in respect of all such Equity Interests.    502181846 v2 1205867.00001          4 

 

       SECTION 5.  REMEDIES.          (a)   Upon the occurrence of and during the continuance of any Event of Default, the   Super Priority Agent, on behalf of the Secured Parties, shall have all rights, powers, privileges  and remedies granted to a secured party upon default under the Uniform Commercial Code or  otherwise provided by law (subject to the Law of any foreign jurisdiction in the case of Pledged  Interests in a foreign Pledged Issuer), including, without limitation, the right (i) to transfer all or  any part of the Collateral into the name of the Super Priority Agent or its nominee, (ii) to contact  all Persons obligated to any Debtor on any Collateral and to instruct such Persons to deliver all  Collateral directly to the Super Priority Agent, and (iii) to sell, lease, license or otherwise dispose  of any or all Collateral, all of which may be exercised with or, if allowed by Law, without notice  to any Debtor.  All rights, powers, privileges and remedies of the Super Priority Agent may be  exercised at any time by the Super Priority Agent and from time to time after the occurrence of  and during the continuance of an Event of Default, are cumulative and not exclusive, and shall be  in addition to any other rights, powers or remedies provided by Law, equity or set forth  elsewhere in this Agreement or the other Super Priority Loan Documents.  No delay, failure or  discontinuance of the Super Priority Agent in exercising any right, power, privilege or remedy  hereunder shall affect or operate as a waiver of such right, power, privilege or remedy; nor shall  any single or partial exercise of any such right, power, privilege or remedy preclude, waive or  otherwise affect any other or further exercise thereof or the exercise of any other right, power,  privilege or remedy.  Any waiver, permit, consent or approval of any kind by the Super Priority  Agent or any Secured Party of any default hereunder, or any such waiver of any provisions or  conditions hereof, must be made in accordance with Section 10.1 of the Super Priority Credit  Agreement.         (b)   The Debtors recognize that the Super Priority Agent may be unable, after the  occurrence and during the continuance of any Event of Default, to effect a public sale of any or  all the Pledged Interests by reason of certain prohibitions contained in the Securities Act of 1933,  as amended (the “Securities Act”) and applicable state securities law or otherwise, and may be   compelled to resort to one or more private sales thereof to a restricted group of purchasers that   will be obligated to agree, among other things, to acquire such securities for their own account  for investment and not with a view to the distribution or resale thereof.  The Debtors  acknowledge and agree that any such private sale may result in prices and other terms less  favorable than if such sale were a public sale and, notwithstanding such circumstances, agree that  any such private sale shall be deemed to have been made in a commercially reasonable manner.   The Super Priority Agent shall be under no obligation to delay sale of any of the Pledged  Interests for the period of time necessary to permit any Subsidiary to register such securities for  public sale under the Securities Act, or under applicable state securities law, even if such  Subsidiary would agree to do so.       502181846 v2 1205867.00001          5 

 

       (c)   If an Event of Default has occurred and is continuing: (i) and unless otherwise   agreed to by Super Priority Agent, Debtor will deliver to the Super Priority Agent, no later than   one Business Day following the receipt thereof, any dividends, distributions or other Collateral it  may receive from time to time, and, until so delivered, shall hold all such items of payment in  trust for the Secured Parties separate from the funds and other property of any Debtor; (ii) except  to the extent permitted by the Super Priority Credit Agreement, no Debtor will dispose of any  Collateral except on terms approved by the Super Priority Agent in advance in writing; (iii) at the  Super Priority Agent’s request, each Debtor will assemble and deliver all Collateral of such  Debtor not already in the possession of the Super Priority Agent, and books and records  pertaining thereto, to the Super Priority Agent at a reasonably convenient place designated by the  Super Priority Agent; and (iv) upon notice to such Debtor by the Super Priority Agent, all rights  of such Debtor to exercise or refrain from exercising voting or other consensual rights in respect  of the Collateral shall cease and all such rights shall thereupon become vested in the Super  Priority Agent who shall thereupon have the sole right to exercise or refrain from exercising such  voting and other consensual rights. Except as set forth in clauses (i) and (iv) of the immediately   preceding sentence, each Debtor shall be entitled to exercise, in its reasonable judgment, but in a   manner not inconsistent with the terms of the Super Priority Credit Agreement or any other   Super Priority Loan Document (including this Agreement), the voting powers and all other   incidental rights of ownership with respect to any Collateral and (subject to each Debtor’s   obligation to deliver to the Super Priority Agent certificated Pledged Interests pursuant to   Section 4(b)) to receive all dividends, distributions and other Collateral.            (d)   EACH DEBTOR WAIVES TO THE FULLEST EXTENT PERMITTED BY   LAW (I) ANY NOTICE OR HEARING PRIOR TO THE TAKING OF POSSESSION OR  CONTROL BY THE SUPER PRIORITY AGENT OF ANY COLLATERAL, (II) THE  POSTING OF ANY BOND OR SECURITY WHICH MIGHT BE REQUIRED BY ANY  COURT PRIOR TO ALLOWING THE SUPER PRIORITY AGENT TO EXERCISE ANY OF  ITS RIGHTS OR REMEDIES, AND (III) THE BENEFIT OF ALL VALUATION,   APPRAISEMENT AND EXEMPTION LAWS.          SECTION 6.  DISPOSITION OF COLLATERAL.  In disposing of Collateral hereunder,   the Super Priority Agent may disclaim all warranties of title, possession, quiet enjoyment and the   like.  Any proceeds of any disposition of any Collateral, or any part thereof, shall be applied by   the Super Priority Agent toward the payment of the Obligations in such order as set forth in   Section 8.3 of the Super Priority Credit Agreement.           SECTION 7.  POWERS OF THE SUPER PRIORITY AGENT.  Each Debtor appoints   the Super Priority Agent its true attorney in fact to perform any of the following powers, which   are coupled with an interest, are irrevocable until termination of this Agreement and may be   exercised from time to time by the Super Priority Agent’s officers and employees, or any of   them:  (a) to perform any obligation of such Debtor hereunder in such Debtor’s name or     502181846 v2 1205867.00001          6 

 

 otherwise; and (b) to do all acts and things and execute all documents in the name of such Debtor   or otherwise, deemed by the Super Priority Agent as necessary, proper or convenient in   connection with the preservation, perfection or enforcement of its rights hereunder; provided that   the Super Priority Agent agrees not to exercise such power of attorney unless an Event of Default   has occurred and is continuing.          SECTION 8.  NOTICES.  All notices, requests and demands required or permitted   hereunder shall be given (a) with respect to any Debtor, at the Company’s address indicated in   Section 10.2 of the Super Priority Credit Agreement, and (b) with respect to the Super Priority   Agent or any other Secured Party, at the Super Priority Agent’s address indicated in Section 10.2   of the Super Priority Credit Agreement.  All such addresses may be modified, and all such   notices shall be given and shall be effective, as provided in Section 10.2 of the Super Priority   Credit Agreement for the giving and effectiveness of notices and modifications of addresses   thereunder.          SECTION 9.  SUCCESSORS, ASSIGNMENT.  This Agreement shall be binding upon   and inure to the benefit of the parties hereto and to their respective permitted successors and   assigns; provided that no Debtor shall be permitted to assign any of its rights, powers, duties or   obligations under this Agreement or any other interest herein without the prior written consent of  the Super Priority Agent.  Without limiting the generality of the foregoing sentence of this  Section 9, any Secured Party may assign to one or more Persons, or grant to one or more Persons   participations in or to, all or any part of its rights and obligations under the Super Priority Credit   Agreement (to the extent permitted by the Super Priority Credit Agreement); and to the extent of   any such assignment or participation such other Person shall, to the fullest extent permitted by   law, thereupon become vested with all the benefits in respect thereof granted to such Secured   Party herein or otherwise, subject however, to the provisions of the Super Priority Credit   Agreement, including, without limitation, Section 10.6 of the Super Priority Credit Agreement.          SECTION 10. SEVERABILITY OF PROVISIONS.  Any provision of this Agreement   which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be   ineffective only to the extent of such prohibition or unenforceability without invalidating the   remainder of such provision or the remaining provisions hereof or affecting the validity or   enforceability of such provision in any other jurisdiction.          SECTION 11. GOVERNING LAW; JURISDICTION; ETC.          (a)   Governing Law.  This Agreement and the other Super Priority Loan Documents   and any claim, controversy, dispute or cause of action (whether in contract or tort or otherwise)   based upon, arising out of or relating to this Agreement or any other Super Priority Loan   Document (except, as to any other Super Priority Loan Document, as expressly set forth therein)  and the transactions contemplated hereby and thereby shall be governed by, and construed in  accordance with, the law of the State of New York.    502181846 v2 1205867.00001          7 

 

       (b)   Submission to Jurisdiction.  Each Debtor irrevocably and unconditionally agrees   that it will not commence any action, litigation or proceeding of any kind or description, whether   in law or equity, whether in contract or in tort or otherwise, against the Super Priority Agent, any  Super Priority Lender or any Related Party of the foregoing in any way relating to this  Agreement or any other Super Priority Loan Document or the transactions relating hereto or   thereto, in any forum other than the courts of the State of New York sitting in New York County,  and of the United States District Court of the Southern District of New York, and any appellate   court from any thereof, and each of the parties hereto irrevocably and unconditionally submits to   the jurisdiction of such courts and agrees that all claims in respect of any such action, litigation   or proceeding may be heard and determined in such New York State court or, to the fullest extent   permitted by Law, in such Federal court.  Each of the parties hereto agrees that a final judgment  in any such action, litigation 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 or in any other Super Priority Loan Document shall affect any right that the Super   Priority Agent or any other Secured Party may otherwise have to bring any action or proceeding   relating to this Agreement or any other Super Priority Loan Document against any Debtor or its   properties in the courts of any jurisdiction.          (c)   Waiver of Venue.  Each Debtor irrevocably and unconditionally waives, to the   fullest extent permitted by Law, any objection that it may now or hereafter have to the laying of   venue of any action or proceeding arising out of or relating to this Agreement or any other Super   Priority Loan Document in any court referred to in subsection (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)   Service of Process.  Each party hereto irrevocably consents to service of process   in the manner provided for notices in Section 8.  Nothing in this Agreement will affect the right   of any party hereto to serve process in any other manner permitted by Law.          SECTION 12. WAIVER OF JURY TRIAL.  EACH PARTY HERETO (AND BY  ACCEPTING THE BENEFITS HEREOF, EACH SECURED PARTY) HEREBY  IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY  RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING  DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT  OR ANY OTHER SUPER PRIORITY LOAN DOCUMENT OR THE TRANSACTIONS  CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT  OR ANY OTHER THEORY).  EACH PARTY HERETO (A) CERTIFIES THAT NO  REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS  REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD  NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER  AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE     502181846 v2 1205867.00001          8 

 

 BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER SUPER  PRIORITY LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL  WAIVERS AND CERTIFICATIONS IN THIS SECTION.         SECTION 13. REINSTATEMENT.  Each Debtor agrees that this Agreement shall  continue to be effective or be reinstated, as the case may be, at any time payment received by the  Super Priority Agent or any Secured Party in respect of any of the Obligations is rescinded or  must be restored for any reason, or is repaid by any Secured Party in whole or in part in good  faith settlement of any pending or threatened avoidance claim.          SECTION 14. [RESERVED].          SECTION 15. TERMINATION.  Subject to reinstatement in accordance with Section 13,   this Agreement will terminate upon the Termination Date.  Upon such termination, the Super   Priority Agent, at the request and sole expense of the Debtors, shall execute and deliver to the   Debtors all releases or other documents reasonably necessary or desirable to evidence such   termination.  If any Debtor or any Collateral shall be released by the Super Priority Agent as   permitted by Section 9.11 of the Super Priority Credit Agreement, then the Super Priority Agent,   at the request and sole expense of such applicable Debtors, shall promptly execute and deliver to   such Debtors all releases or other documents reasonably necessary or desirable for the release of   such Debtors and/or the Liens on Collateral created hereby.          SECTION 16. COUNTERPARTS.  This Agreement may be executed in counterparts   (and by different parties hereto in different counterparts), each of which shall constitute an   original, but all of which when taken together shall constitute a single contract.  It shall not be   necessary in making proof of this Agreement to produce or account for more than one such   counterpart executed by the party against whom enforcement is sought.  Delivery of an executed   counterpart of a signature page of this Agreement by facsimile or electronic (i.e., “pdf” or “tif”)   format shall be effective as delivery of a manually executed counterpart of this Agreement.          SECTION 17. ADDITIONAL INTERESTS.  If any Debtor shall at any time acquire or   hold any additional Pledged Interests (other than any Excluded Collateral), including any   Pledged Interests issued by any Subsidiary not listed on Schedule 1 which are required to be   subject to a Lien pursuant to this Agreement by the terms hereof or of any provision of the Super   Priority Credit Agreement, but subject to any limitations contained herein and therein and other  than any Excluded Collateral (any such shares being referred to herein as the “Additional   Interests”), such Debtor shall deliver to the Super Priority Agent (i) a pledge agreement   supplement in the form of Annex 1 (each a “Pledge Agreement Supplement”) with respect to   such Additional Interests duly completed and executed by such Debtor and (ii) any other   document reasonably required in connection with such Additional Interests as described in   Section 4(b).  Each Debtor shall comply with the requirements of this Section 17 within thirty   days of the acquisition of any such Additional Interests or such longer period as is consented to    502181846 v2 1205867.00001          9 

 

 by the Super Priority Agent in its sole discretion or, in the case of Additional Interests to which   Section 6.12 of the Super Priority Credit Agreement applies, within the time period specified in   such Section; provided that the failure to comply with the provisions of this Section 17 shall not   impair the Lien on Additional Interests conferred hereunder.         SECTION 18. ADDITIONAL DEBTORS.  Pursuant to Section 6.12 of the Super Priority   Credit Agreement, certain Subsidiaries that are created or acquired after the Closing Date are   required to enter into this Agreement as Debtors.  Upon execution and delivery by any such   Subsidiary of a pledge joinder agreement in the form of Annex 2 (each a “Pledge Joinder   Agreement”), such Subsidiary shall become a Debtor hereunder with the same force and effect as   if originally named as a Debtor herein.  The execution and delivery of a Pledge Joinder  Agreement adding an additional Debtor as a party to this Agreement shall not require the consent  of any other Debtor hereunder.  The rights and obligations of each Debtor hereunder shall remain  in full force and effect notwithstanding the addition of any new Debtor as a party to this  Agreement.          SECTION 19. ENTIRE AGREEMENT.  This Agreement and each Pledge Joinder  Agreement, together with the Super Priority Credit Agreement and other Super Priority Loan  Documents, constitutes and expresses the entire understanding between the parties hereto with  respect to the subject matter hereof, and supersedes all prior negotiations, agreements and  understandings, inducements, commitments or conditions, express or implied, oral or written,  except as contained in the Super Priority Loan Documents.  The express terms hereof and of the  Pledge Joinder Agreements control and supersede any course of performance or usage of the  trade inconsistent with any of the terms hereof or thereof.  Neither this Agreement nor any  Pledge Joinder Agreement nor any portion or provision hereof or thereof may be changed,  altered, modified, supplemented, discharged, canceled, terminated, or amended orally or in any  manner other than as provided in Section 10.1 of the Super Priority Credit Agreement.                        [Remainder of page intentionally left blank; signature pages follow]    502181846 v2 1205867.00001         10 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                                                              Schedule 1                                                      Pledged Interests   Debtor                  Pledged Entity              Interest Owned      Outstanding Ownership   Certificated/                                                                          In (Shares/Units/       Uncertificated                                                                          Partnership Interest)  Nobilis Health Corp.    Northstar Healthcare    27,334 Common Shares    27,334 Common Shares          Certificated                          Holdings, Inc.  Northstar Healthcare    Northstar Healthcare    11,100 Preferred        11,100 Preferred              Certificated  Holdings, Inc.          Acquisitions, L.L.C.    Membership Interest Units Membership Interest Units                                                                                                                            12,734 Common           12,734 Common                                                  Membership Interest Units Membership Interest Units                                                                                                                            97,032 Class A          97,032 Class A                                                  Membership Interest Units Membership Interest Units  Northstar Healthcare    Northstar Healthcare    10,000 Preferred        10,000 Preferred              Certificated  Acquisitions, L.L.C.    Subco, L.L.C.           Membership Interest Units Membership Interest Units                                                                                                                            87,500 Class A          87,500 Class A                                                  Membership Interest Units Membership Interest Units  Northstar Healthcare    Northstar Healthcare    100% of Membership      Single Member Entity         Uncertificated  Acquisitions, L.L.C.    Management Company,     Interests                          LLC  Northstar Healthcare    Northstar Healthcare    100% of Membership      Single Member Entity         Uncertificated  Acquisitions, L.L.C.    Surgery Center – Houston, Interests                          LLC  Northstar Healthcare    Northstar Healthcare    100% of Membership      Single Member Entity         Uncertificated  Acquisitions, L.L.C.    Surgery Center –        Interests                          Scottsdale, LLC  Northstar Healthcare    First Nobilis, LLC      51% of Membership       Member Percentage Interest   Uncertificated  Acquisitions, L.L.C.                            Interests   Northstar Healthcare    Athelite Holdings LLC   57.98% ownership interest  Multi Member Entity Uncertificated  Acquisitions, L.L.C.  Northstar Healthcare    Nobilis Vascular Holding 100% ownership interest Single Member Entity        Uncertificated  Subco, L.L.C.           Company, LLC  Northstar Healthcare    First Nobilis Hospital  60% ownership interest  Multi-Member Entity          Uncertificated  Subco, L.L.C.           Management, LLC    502181846 v2 1205867.00001  

 

Debtor                  Pledged Entity              Interest Owned      Outstanding Ownership   Certificated/                                                                          In (Shares/Units/       Uncertificated                                                                          Partnership Interest)  Northstar Healthcare    Northstar Healthcare    100% of Membership      Single Member Entity         Uncertificated  Subco, L.L.C.           Limited Partner, L.L.C. Interests  Northstar Healthcare    Northstar Healthcare    100% of Membership      Single Member Entity         Uncertificated  Subco, L.L.C.           General Partner, L.L.C. Interests  Northstar Healthcare    The Palladium for Surgery 99% of total partnership Partnership interests     Uncertificated  Subco, L.L.C.           - Dallas, Ltd.          interests consisting solely of consisting of 99% Limited                                                  Limited Partnership Interests Partnership Interests and 1%                                                                          General Partnership Interests   Northstar Healthcare    Athas Health LLC        100% of Membership      Single Member Entity         Uncertificated  Subco, L.L.C.                                   Interests  Northstar Healthcare    Nobilis Health Marketing, 100% ownership interest Single Member Entity       Uncertificated  Subco, L.L.C.           LLC  Northstar Healthcare    Southwest Freeway       100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.           Surgery Center, LLC  Northstar Healthcare    Peak Surgeon            100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.           Innovations, LLC  Northstar Healthcare    Concertis, LLC          100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.  Northstar Healthcare    Perimeter Road Surgical 75% ownership interest  Multi-Member Entity          Uncertificated  Subco, L.L.C.           Hospital, LLC  Northstar Healthcare    Nobilis Surgical Assist, 100% ownership interest Single Member Entity        Uncertificated  Subco, L.L.C.           LLC  Northstar Healthcare    Marsh Lane Surgical     100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.           Hospital, LLC  Northstar Healthcare    Premier Health          100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.           Specialists, LLC  Northstar Healthcare    MPDSC, LLC              100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.  Northstar Healthcare    Houston Surgical        69.40% ownership interest Multimember Entity         Uncertificated  Subco, L.L.C.           Management, LLC  Northstar Healthcare    Houston Microsurgery    71.99% Member Percentage Member Percentage Interest  Uncertificated  Subco, L.L.C.           Institute, LLC          Interest  Northstar Healthcare    Plano Surgical          100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.           Management, LLC    502181846 v2 1205867.00001  

 

Debtor                  Pledged Entity              Interest Owned      Outstanding Ownership   Certificated/                                                                          In (Shares/Units/       Uncertificated                                                                          Partnership Interest)  Northstar Healthcare    Southwest Freeway       60% ownership interest  Single Member Entity         Uncertificated  Subco, L.L.C.           Surgery Center                          Management, LLC  Northstar Healthcare    North Phoenix ASC        100% ownership interest Single Member Entity        Uncertificated Subco, L.L.C            Management, LLC  Northstar Healthcare    Medical Ambulatory      23.91 units of Limited  Partnership interests        Uncertificated  Limited Partner, L.L.C. Surgical Suites, L.P.   Partner interests       consisting of 99 units of                                                                          Limited Partnership Interests                                                                          and 1 unit of General                                                                          Partnership Interest  Northstar Healthcare    The Palladium for Surgery 90.9% of total partnership Partnership interests   Uncertificated  Limited Partner, L.L.C. - Houston, Ltd.         interests consisting solely of consisting of 99% Limited                                                  Limited Partnership Interests Partnership Interests and 1%                                                                          General Partnership Interests  Northstar Healthcare    Hermann Drive Surgical  218 units of Limited    399 Units of Limited         Uncertificated  Limited Partner, L.L.C. Hospital, LP            Partnership Interest    Partnership Interest; 1 Unit                                                                          of General Partnership                                                                          Interest  Northstar Healthcare    Medical Ambulatory      1 unit of General Partnership 99 Units of Limited    Uncertificated  General Partner, L.L.C. Surgical Suites, L.P.   Interest and            Partnership Interest; 1 Unit                                                  0.09 units of Limited   of General Partnership                                                  Partnership Interest    Interest  Northstar Healthcare    The Palladium for Surgery 1% of partnership interest Partnership interests   Uncertificated  General Partner, L.L.C. - Dallas, Ltd           consisting solely of General consisting of 99% Limited                                                  Partnership Interest    Partnership Interests and 1%                                                                          General Partnership Interests   Northstar Healthcare    The Palladium for Surgery 1% of partnership interest Partnership interests   Uncertificated  General Partner, L.L.C. - Houston, Ltd.         consisting solely of General consisting of 99% Limited                                                  Partnership Interest    Partnership Interests and 1%                                                                          General Partnership Interests   Northstar Healthcare    Hermann Drive Surgical  1 unit of General       399 Units of Limited         Uncertificated  General Partner, L.L.C. Hospital, LP            Partnership Interest    Partnership Interest; 1                                                                          Unit of General                                                                          Partnership Interest  Athas Health LLC        Athas Holdings LLC      100% of Membership      Single Member Entity         Uncertificated                                                  Interests   502181846 v2 1205867.00001  

 

Debtor                  Pledged Entity              Interest Owned      Outstanding Ownership   Certificated/                                                                          In (Shares/Units/       Uncertificated                                                                          Partnership Interest)  Athas Health LLC        Athas Administrative LLC 100% of Membership     Single Member Entity         Uncertificated                                                  Interests  Peak Surgeon            Peak Neuromonitoring    100% ownership interest Single Member Entity         Uncertificated  Innovations, LLC        Associates – Texas, LLC  Peak Surgeon            Peak Neuromonitoring    100% ownership interest Single Member Entity         Uncertificated  Innovations, LLC        Associates – Texas II, LLC Nobilis Surgical Assist, Southwest Houston      100% ownership interest Single Member Entity         Uncertificated  LLC                     Surgical Assist, LLC  Nobilis Surgical Assist, Central Medical Solutions 100% ownership interest Single Member Entity      Uncertificated  LLC                     LLC  Northstar Healthcare    Central Dallas          100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.           Management, LLC  Nobilis Vascular Holding Chandler Surgery Center, 100% ownership interest Single Member Entity       Uncertificated  Company, LLC            LLC  Nobilis Vascular Holding Phoenix Surgery Center, 100% ownership interest Single Member Entity        Uncertificated  Company, LLC            LLC  Nobilis Vascular Holding Oracle Surgery Center, 100% ownership interest Single Member Entity         Uncertificated  Company, LLC            LLC  Northstar Healthcare    NHC Network, LLC        51% of Membership       Member Percentage Interest   Uncertificated  Surgery Center - Houston,                       Interests   LLC  Northstar Healthcare    Elite Sinus Spine and   52.21% ownership interest  Multimember Entity        Uncertificated  Surgery Center - Houston, Ortho, LLC  LLC  Northstar Healthcare    Elite Hospital          52.75% ownership interest  Multimember Entity        Uncertificated  Surgery Center - Houston, Management, LLC  LLC  Northstar Healthcare    Houston Metro Ortho and 51.91% ownership interest  Multimember Entity        Uncertificated  Surgery Center - Houston, Spine Surgery Center,  LLC                     LLC  Northstar Healthcare    Elite Center for Minimally 51.69% ownership interest  Multimember Entity     Uncertificated  Surgery Center - Houston, Invasive Surgery, LLC  LLC  Northstar Healthcare    Nobilis Uptown Holding, 55% ownership interest  Multimember Entity           Uncertificated  Subco, L.L.C.           LLC    502181846 v2 1205867.00001  

 

Debtor                  Pledged Entity              Interest Owned      Outstanding Ownership   Certificated/                                                                          In (Shares/Units/       Uncertificated                                                                          Partnership Interest)  Northstar Healthcare    Nobilis Arizona Holding 100% ownership interest  Multimember Entity          Uncertificated  Subco, L.L.C.           Company, LLC  Northstar Healthcare    Nobilis Vascular Texas, 100% ownership interest  Single Member Entity        Uncertificated  Subco, L.L.C.           LLC  Northstar Healthcare    PSH Management, LLC     80% ownership interest  Multimember Entity           Uncertificated  Subco, L.L.C.  Nobilis Vascular Holding NHC Arizona Professional 100% ownership interest Single Member Entity       Uncertificated  Company, LLC            Associates, LLC  Northstar Healthcare    Downtown Dallas Surgery 100% ownership interest Single Member Entity         Uncertificated  Subco, L.L.C.           Center, LLC                                                                    502181846 v2 1205867.00001  

 

                                                                             Schedule 2                                     Debtor Information    Debtor Name       Form of     Jurisdiction of Organizational  Federal Tax     Chief                   Organization    Formation;    Identification Identification Executive                                    Foreign        Number          Number        Office                                 Qualifications  Athas           Limited        Texas          0801412766      45-2179301 11700 Katy  Administrative  Liability                                                    Frwy., Suite  LLC             Company                                                      300                                                                               Houston,                                                                               TX 77079  Athas Health    Limited        Texas          0801354580      27-4906466 11700 Katy  LLC             Liability                                                    Frwy., Suite                  Company        Arizona        R19971912                      300                                 Florida        M15000002550                   Houston,                                 Michigan       E9037J                         TX 77079                                 Minnesota      821349700048                                 New Jersey     0600419945                                 Tennessee      000795219  Athas Holdings  Limited        Texas          0801435167      45-2483602 11700 Katy  LLC             Liability                                                    Frwy., Suite                  Company        Arizona        R19971898                      300                                 Florida        M15000002554                   Houston,                                 Michigan       E9037M                         TX 77079                                 Minnesota      821349700050                                 New Jersey     0600419944  Central Dallas  Limited        Texas          0802153192      47-3299348 11700 Katy  Management,     Liability                                                    Frwy., Suite  LLC             Company                                                      300                                                                               Houston,                                                                               TX 77079  Central Medical Limited        Texas          0801566286      45-4818035 11700 Katy  Solutions LLC   Liability                                                    Frwy., Suite                  Company        Arizona        R20398861                      300                                 Michigan       E9117C                         Houston,                                 Minnesota      889103700046                   TX 77079                                 Nevada         E0482592015-2                                 Tennessee      000849454  Chandler        Limited        Arizona        L-1948423-0     47-1715088 11700 Katy  Surgery Center, Liability                                                    Frwy., Suite  LLC             Company                                                      300                                                                               Houston,                                                                               TX 77079  Concertis, LLC  Limited        Texas          0802443682      81-2456232 11700 Katy                  Liability                                                    Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  Downtown Dallas Limited        Texas          803128407       83-2081993 11700 Katy  Surgery Center, Liability                                                    Frwy., Suite  LLC             Company                                                      300                                                                               Houston,                                                                               TX 77079   502181846 v2 1205867.00001  

 

 Debtor Name       Form of     Jurisdiction of Organizational  Federal Tax     Chief                   Organization    Formation;    Identification Identification Executive                                    Foreign        Number          Number        Office                                 Qualifications  Hermann Drive   Limited        Texas          0801415139      45-1845293 11700 Katy  Surgical Hospital, Partnership                                               Frwy., Suite  LP                                                                           300                                                                               Houston,                                                                               TX 77079  Houston         Limited        Texas          801312539       27-3730948 11700 Katy  Microsurgery    Liability                                                    Frwy., Suite  Institute, LLC  Company                                                      300                                                                               Houston,                                                                               TX 77079  Marsh Lane      Limited        Texas          0802170188      47-4578754 11700 Katy  Surgical Hospital, Liability                                                 Frwy., Suite  LLC             Company                                                      300                                                                               Houston,                                                                               TX 77079  MPDSC, LLC      Limited        Texas          0802539108      81-3855506 11700 Katy                  Liability                                                    Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  NHC Arizona     Limited        Arizona        L21191235       81-3730914 11700 Katy  Professional    Liability                                                    Frwy., Suite  Associates, LLC Company                                                      300                                                                               Houston,                                                                               TX 77079  Nobilis Arizona Limited        Arizona        L21973105       82-2025974 11700 Katy  Holding         Liability                                                    Frwy., Suite  Company, LLC    Company                                                      300                                                                               Houston,                                                                               TX 77079  Nobilis Health  Corporation    British        BC0785724       98-1188172 11700 Katy  Corp.                          Columbia,                                     Frwy., Suite                                 Canada                                        300                                                802013300                      Houston,                                 Texas                                         TX 77079  Nobilis Health  Limited        Texas          0802235243      47-4428470 11700 Katy  Marketing, LLC  Liability                                                    Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  Nobilis Surgical Limited       Texas          0802229201      47-4226146 11700 Katy  Assist, LLC     Liability                                                    Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  Nobilis Vascular Limited       Arizona        L21128523       81-3530516 11700 Katy  Holding         Liability                                                    Frwy., Suite  Company, LLC    Company                                                      300                                                                               Houston,                                                                               TX 77079    502181846 v2 1205867.00001  

 

 Debtor Name       Form of     Jurisdiction of Organizational  Federal Tax     Chief                   Organization    Formation;    Identification Identification Executive                                    Foreign        Number          Number        Office                                 Qualifications  Nobilis Vascular Limited       Texas          802607204       81-4735797 11700 Katy  Texas, LLC      Liability                                                    Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  North Phoenix   Limited        Arizona        L21881619       82-1636238 11700 Katy  ASC             Liability                                                    Frwy., Suite  Management,     Company                                                      300  LLC                                                                          Houston,                                                                               TX 77079  Northstar       Limited        Delaware       4297875         76-0837460 11700 Katy  Healthcare      Liability                                                    Frwy., Suite  Acquisitions,   Company        Texas          0800823287                     300  L.L.C.                                                                       Houston,                                                                               TX 77079  Northstar       Limited        Delaware       4295856         64-0950775 11700 Katy  Healthcare      Liability                                                    Frwy., Suite  General Partner, Company       Texas          0800823288                     300  L.L.C.                                                                       Houston,                                                                               TX 77079  Northstar       Corporation    Delaware       4325938         11-3808022 11700 Katy  Healthcare                                                                   Frwy., Suite  Holdings, Inc.                 Texas          0800823283                     300                                                                               Houston,                                                                               TX 77079  Northstar       Limited        Texas          801361322       27-4425730 11700 Katy  Healthcare      Liability                                                    Frwy., Suite  Management      Company                                                      300  Company, LLC                                                                 Houston,                                                                               TX 77079  Northstar       Limited        Delaware       4296072         64-0950773 11700 Katy  Healthcare      Liability                                                    Frwy., Suite  Limited Partner, Company       Texas          0800823289                     300  L.L.C.                                                                       Houston,                                                                               TX 77079  Northstar       Limited        Delaware       4325838         11-3808019 11700 Katy  Healthcare      Liability                                                    Frwy., Suite  Subco, L.L.C.   Company        Texas          0800823293                     300                                 Arizona        R19971774                      Houston,                                 Florida        M15000002548                   TX 77079                                 Michigan       E9037R                                 Minnesota      821349700062                                 New Jersey     0600419942                                 Tennessee      000795375  Northstar       Limited        Texas          0801836928      46-3471333 11700 Katy  Healthcare      Liability                                                    Freeway,  Surgery Center - Company                                                     Suite 300  Houston, LLC                                                                 Houston,                                                                               TX 77079    502181846 v2 1205867.00001  

 

 Debtor Name       Form of     Jurisdiction of Organizational  Federal Tax     Chief                   Organization    Formation;    Identification Identification Executive                                    Foreign        Number          Number        Office                                 Qualifications  Northstar       Limited        Arizona        L18931526       46-4352342 11700 Katy  Healthcare      Liability                                                    Frwy., Suite  Surgery Center - Company                                                     300  Scottsdale, LLC                                                              Houston,                                                                               TX 77079  Oracle Surgery  Limited        Arizona        L-1948418-3     47-1723712 11700 Katy  Center, LLC     Liability                                                    Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  Peak            Limited        Texas          801503578       45-3743275 11700 Katy  Neuromonitoring Liability                                                    Frwy., Suite  Associates -    Company                                                      300  Texas, LLC                                                                   Houston,                                                                               TX 77079  Peak            Limited        Texas          0802233098      36-4812003 11700 Katy  Neuromonitoring Liability                                                    Frwy., Suite  Associates -    Company                                                      300  Texas II, LLC                                                                Houston,                                                                               TX 77079  Peak Surgeon    Limited        Texas          0802096932      47-2296429 11700 Katy  Innovations, LLC Liability                                                   Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  Phoenix Surgery Limited        Arizona        L-1948428-5     47-1736331 11700 Katy  Center, LLC     Liability                                                    Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  Plano Surgical  Limited        Texas          803050739       83-1146526 11700 Katy  Management,     Liability                                                    Frwy., Suite  LLC             Company                                                      300                                                                               Houston,                                                                               TX 77079  Premier Health  Limited        Arizona        L20605762       81-1157100 11700 Katy  Specialists, LLC Liability                                                   Frwy., Suite                  Company                                                      300                                                                               Houston,                                                                               TX 77079  PSH             Limited        Texas          802676244       82-0859064 11700 Katy  Management,     Liability                                                    Frwy., Suite  LLC             Company                                                      300                                                                               Houston,                                                                               TX 77079  Southwest       Limited        Texas          0802150492      47-3299208 11700 Katy  Freeway Surgery Liability                                                    Freeway,  Center, LLC     Company                                                      Suite 300                                                                               Houston,                                                                               TX 77079    502181846 v2 1205867.00001  

 

 Debtor Name       Form of     Jurisdiction of Organizational  Federal Tax     Chief                   Organization    Formation;    Identification Identification Executive                                    Foreign        Number          Number        Office                                 Qualifications  Southwest       Limited        Texas          802567821       81-4220054     11700 Katy  Freeway Surgery Liability                                                    Frwy., Suite  Center          Company                                                      300  Management                                                                   Houston,  LLC                                                                          TX 77079  Southwest       Limited        Texas          0802229207      38-3973073 11700 Katy  Houston Surgical Liability                                                   Frwy., Suite  Assist, LLC     Company                                                      300                                                                               Houston,                                                                               TX 77079  The Palladium   Limited        Texas          0800525384      41-2183813 11700 Katy  for Surgery -   Company                                                      Freeway,  Dallas, Ltd.                                                                 Suite 300                                                                               Houston,                                                                               TX 77079                                                       502181846 v2 1205867.00001  

 

                                  ANNEX 1                      FORM OF PLEDGE AGREEMENT SUPPLEMENT            This PLEDGE AGREEMENT SUPPLEMENT (this “Supplement”), dated as of  _____________, 20__, is made by ________________________, a ______________________  (the “Debtor”), in favor of COMPASS BANK, in its capacity as Super Priority Agent (the  “Super Priority Agent”) for the benefit of the Secured Parties (as defined in the Super Priority  Credit Agreement referenced below).                                        RECITALS         A.    Northstar Healthcare Acquisitions, L.L.C., as borrower (“Borrower”), the other  Loan Parties from time to time party thereto, the Super Priority Lenders from time to time party  thereto, and the Super Priority Agent are party to that certain Super Priority Credit Agreement  dated as of May 22, 2019 (as amended, restated, supplemented or otherwise modified from time  to time, the “Super Priority Credit Agreement”). All capitalized terms used but not defined  herein shall have the meanings given to such terms in the Super Priority Credit Agreement.         B.    The Debtor is party to a Pledge Agreement dated as of May 22, 2019 in favor of  the Super Priority Agent for the benefit of the Secured Parties (as in effect on the date hereof, the  “Super Priority Pledge Agreement”).          C.     The Debtor has acquired rights in the Pledged Interests listed on Supplemental  Schedule 1 to this Supplement (the “Additional Interests”) and desires to pledge, and evidence its  prior pledge, to the Super Priority Agent for the benefit of the Secured Parties, all of the  Additional Interests in accordance with the terms of the Super Priority Credit Agreement and the  Super Priority Pledge Agreement.         D.    It is a condition precedent to the obligation of the Secured Parties to make and  maintain the extensions of credit made under the Super Priority Credit Agreement that the  Debtor executes and delivers this Supplement.          In consideration of the foregoing and for other valuable consideration, the receipt and  sufficiency of which are hereby acknowledged, the Debtor agrees as follows:                       SECTION 1.  AFFIRMATIONS.  The Debtor hereby acknowledges and reaffirms the  grant pursuant to Section 2 of the Super Priority Pledge Agreement of a security interest to the   502181846 v2 1205867.00001  

 

 Super Priority Agent for the benefit of the Secured Parties in the Additional Interests of the   Debtor, as security for the payment, performance and satisfaction of the Obligations, and hereby  grants, pledges, assigns, transfers, sets over and delivers, for the payment, performance and   satisfaction of the Obligations, to the Super Priority Agent for the benefit of the Secured Parties a   security interest in the Additional Interests and all right, title, and interest in and to the property   of the Debtor described as follows:                 (a)   all money, securities, security entitlements and other investment property,   dividends, distributions, rights, general intangibles and other property at any time and from time   to time (x) declared or distributed in respect of or in exchange for or on conversion of any   Additional Interests, or (y) by its or their terms exchangeable or exercisable for or convertible   into any Additional Interests;                 (b)   all other property of whatever character or description, including money,   securities, security entitlements and other investment property, and general intangibles hereafter   delivered to the Super Priority Agent in substitution for or as an addition to any of the foregoing;                 (c)   all securities accounts to which any or all of the foregoing may at any time  be credited and all certificates and instruments representing or evidencing any of the foregoing;  and                (d)   whatever is receivable or received when any of the foregoing or the   proceeds thereof are sold, leased, collected, exchanged or otherwise disposed of, whether such   disposition is voluntary or involuntary, including, without limitation, all rights to payment, and   all rights to payment with respect to any claim or cause of action affecting or relating to any of   the foregoing.     The Debtor hereby acknowledges, agrees and confirms by its execution of this Supplement that   the Additional Interests constitute “Pledged Interests” under and are subject to the Super Priority   Pledge Agreement, and the items of property referred to in clauses (a) through (d) above (the   “Additional Collateral”) shall collectively constitute “Collateral” under and are subject to the   Super Priority Pledge Agreement.  Each of the representations and warranties with respect to  Pledged Interests and Collateral contained in the Super Priority Pledge Agreement is hereby  made by the Debtor with respect to the Additional Interests and the Additional Collateral,  respectively.  The Debtor further represents and warrants that Supplemental Schedule 1 attached   to this Supplement contains a true, correct and complete description of the Additional Interests,   and that all other documents required to be furnished to the Super Priority Agent pursuant to   Section 4(b) of the Super Priority Pledge Agreement in connection with the Additional Collateral   have been delivered or will be delivered to the Super Priority Agent in accordance with Section   4(b) of the Super Priority Pledge Agreement.  The Debtor further acknowledges that Schedule 1   to the Super Priority Pledge Agreement shall be deemed, as to it, to be supplemented as of the  date hereof to include the Additional Interests as described on Supplemental Schedule 1 to this    502181846 v2 1205867.00001  

 

Supplement.         SECTION 2.  COUNTERPARTS.  This Supplement may be executed in counterparts  (and by different parties hereto in different counterparts), each of which shall constitute an  original, but all of which when taken together shall constitute a single contract.  It shall not be  necessary in making proof of this Supplement to produce or account for more than one such  counterpart executed by the party against whom enforcement is sought.  Delivery of an executed  counterpart of a signature page of this Supplement by facsimile or electronic (i.e., “pdf” or “tif”)  format shall be effective as delivery of a manually executed counterpart of this Supplement.         SECTION 3.  GOVERNING LAW; JURISDICTION; WAIVER OF JURY TRIAL;  ETC.  The provisions of Sections 11 and 12 of the Super Priority Pledge Agreement are hereby  incorporated by reference as if fully set forth herein.         IN WITNESS WHEREOF, the Debtor has duly executed and delivered this Pledge  Agreement Supplement as of the day and year first written above.            DEBTOR:            [___________________________________]                                                                                                                     By:   _____________________________________                                       Name:                                       Title:    502181846 v2 1205867.00001  

 

                                                                                                                              Supplemental Schedule 1                                                  Pledged Interests                                                            Debtor        Pledged Entity  Interest Owned Outstanding     Certificated/  Debtor          Pledged Entity                                               Ownership In    Uncertificated                                               (Shares/Units/                                               Partnership                                               Interest)                                                                                                                                            502181846 v2 1205867.00001  

 

                                  ANNEX 2                                                               FORM OF PLEDGE JOINDER AGREEMENT            This PLEDGE JOINDER AGREEMENT (this “Joinder Agreement”), dated as of  _____________, 20__, is made by _______________________________, a ________________  (the “Joining Debtor”), in favor of COMPASS BANK, in its capacity as Super Priority Agent  (the “Super Priority Agent”) for the benefit of Secured Parties (as defined in the Super Priority  Credit Agreement referenced below).      RECITALS           A.     Northstar Healthcare Acquisitions, L.L.C., as borrower (“Borrower”), the other  Loan Parties from time to time party thereto, the Super Priority Lenders from time to time party  thereto, and the Super Priority Agent are party to that certain Super Priority Credit Agreement  dated as of May 22, 2019 (as amended, restated, supplemented or otherwise modified from time  to time, the “Super Priority Credit Agreement”). All capitalized terms used but not defined  herein shall have the meanings given to such terms in the Super Priority Credit Agreement.         B.    The Borrower and certain other Loan Parties are party to a Pledge Agreement  dated as of May 22, 2019 in favor of the Super Priority Agent for the benefit of the Secured  Parties (as in effect on the date hereof, the “Super Priority Pledge Agreement”).           C.     The Joining Debtor is required by the terms of the Super Priority Credit  Agreement to be joined as a party to the Super Priority Pledge Agreement as a Debtor (as  defined therein).        D.     The Joining Debtor will materially benefit from the extensions of credit made  under the Super Priority Credit Agreement.         E.    It is a condition precedent to the obligation of the Secured Parties to make and  maintain such extensions of credit that the Joining Debtor executes and delivers this Joinder  Agreement.         In consideration of the foregoing and for other valuable consideration, the receipt and  sufficiency of which are hereby acknowledged, the Joining Debtor agrees as follows:       502181846 v2 1205867.00001  

 

      SECTION 1.   JOINDER.  The Joining Debtor hereby irrevocably, absolutely and   unconditionally becomes a party to the Super Priority Pledge Agreement as a Debtor and bound   by all the terms, conditions, obligations, liabilities and undertakings to which a Debtor is subject   thereunder, all with the same force and effect as if the Joining Debtor were a signatory to the   Super Priority Pledge Agreement.  Without limiting the generality of the foregoing, the Joining   Debtor hereby grants, pledges, assigns, transfers, sets over and delivers, as security for the   payment, performance and satisfaction of the Obligations (as defined in the Super Priority Credit   Agreement), to the Super Priority Agent for the benefit of the Secured Parties a security interest   in the property and property rights constituting Collateral (as defined in Section 2 of the Super   Priority Pledge Agreement), other than any Excluded Collateral (as defined in the Super Priority   Pledge Agreement), of the Joining Debtor or in which the Joining Debtor has or may have or   acquire an interest or the power to transfer rights therein, whether now owned or existing or   hereafter created, acquired or arising and wheresoever located.           SECTION 2.  AFFIRMATIONS.  The Joining Debtor hereby acknowledges and affirms   as of the date hereof with respect to itself, its properties and its affairs each of the waivers,   representations, warranties, acknowledgements and certifications applicable to any Debtor  contained in the Super Priority Pledge Agreement.           SECTION 3.  SUPPLEMENTAL SCHEDULES.  Attached to this Joinder Agreement   are duly completed schedules (the “Supplemental Schedules”) supplementing as thereon   indicated the respective Schedules to the Super Priority Pledge Agreement.  The Joining Debtor   represents and warrants that the information contained on each of the Supplemental Schedules   with respect to the Joining Debtor and its properties and affairs is true, complete and accurate as   of the date hereof.           SECTION 4.  SEVERABILITY.  Any provision of this Joinder Agreement which is   prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective only   to the extent of such prohibition or unenforceability without invalidating the remainder of such   provision or the remaining provisions hereof or affecting the validity or enforceability of such   provision in any other jurisdiction.          SECTION 5.  COUNTERPARTS.  This Joinder Agreement may be executed in   counterparts (and by different parties hereto in different counterparts), each of which shall   constitute an original, but all of which when taken together shall constitute a single contract.  It   shall not be necessary in making proof of this Joinder Agreement to produce or account for more   than one such counterpart executed by the party against whom enforcement is sought.  Delivery   of an executed counterpart of a signature page of this Joinder Agreement by facsimile or   electronic (i.e., “pdf” or “tif”) format shall be effective as delivery of a manually executed   counterpart of this Joinder Agreement.     502181846 v2 1205867.00001  

 

     SECTION 6.   DELIVERY.  The Joining Debtor hereby irrevocably waives notice of  acceptance of this Joinder Agreement and acknowledges that the Obligations are and shall be  deemed to be incurred, and credit extensions under the Super Priority Loan Documents, made  and maintained, in reliance on this Joinder Agreement and the Joining Debtor’s joinder as a party  to the Super Priority Pledge Agreement as herein provided.          SECTION 7.  GOVERNING LAW; JURISDICTION; WAIVER OF JURY TRIAL;  ETC.  The provisions of Sections 11 and 12 of the Super Priority Pledge Agreement are hereby  incorporated by reference as if fully set forth herein.                                            [Signature Page Follows]                      502181846 v2 1205867.00001  

 

               IN WITNESS WHEREOF, the Joining Debtor has duly executed and delivered this  Pledge Joinder Agreement as of the day and year first written above.             JOINING DEBTOR:            [____________________________]                                                                                                                     By:   _____________________________________                                       Name:                                       Title:                                           502181846 v2 1205867.00001  

 

                                                                                       Supplemental Schedule 1                                                  Pledged Interests                                                           Debtor        Pledged Entity  Interest Owned Outstanding     Certificated/  Debtor          Pledged Entity                                               Ownership In    Uncertificated                                               (Shares/Units/                                               Partnership                                               Interest)              502181846 v2 1205867.00001  

 

                                                                                       Supplemental Schedule 2                                                 Debtor Information                   Debtor      Form of   Jurisdiction  Organizational   Federal Tax     Chief                   Name      Organizati      of        Identification  Identificatio Executive                                on      Formation;       Number             n          Office                                          Foreign                                        Qualificatio                     Number                                            ns                                                                                                                                                                                  502181846 v2 1205867.00001

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