Document:

EX-10.12

 Exhibit 10.12 
 EXECUTION VERSION 
 AMENDMENT NO. 1 TO CREDIT AGREEMENT 

AMENDMENT NO. 1 TO CREDIT AGREEMENT, dated as of March 28, 2012 (this “Amendment”), among NPC INTERNATIONAL,
INC., a corporation formed under the laws of the State of Kansas (the “Parent Borrower”); NPC OPERATING COMPANY A, INC., a corporation formed under the laws of the State of Kansas, and NPC OPERATING COMPANY B,
INC., a corporation formed under the laws of the State of Kansas (each, a “Subsidiary Borrower”), NPC ACQUISITION HOLDINGS, LLC, a limited liability company formed under the laws of the State of Delaware
(“Holdings”); each of the lenders that is a signatory hereto; and BARCLAYS BANK PLC (in its individual capacity, “Barclays”), as administrative agent (in such capacity, together with its successors, the
“Administrative Agent”). 
 W I T N E S S E T H: 

WHEREAS, the Borrowers, the Administrative Agent, the Guarantors party thereto from time to time and each lender from time to time party
thereto (the “Lenders”) have entered into a Credit Agreement, dated as of December 28, 2011 (the “Credit Agreement”) (capitalized terms not otherwise defined in this Amendment have the same meanings as
specified in the Credit Agreement); 
 WHEREAS, on the date hereof, the Borrowers, the Guarantors, the Administrative Agent, and
the Majority Lenders desire to amend and restate the Credit Agreement to, among other things, refinance the Term Loans thereunder with new term loans; 
 WHEREAS, upon the effectiveness of this Amendment, each Term Lender that shall have executed and delivered a signature page to this Amendment (a “Consent”) under the “Cashless
Settlement Option” (each, a “Cashless Option Lender”) shall be deemed to have exchanged all (or such lesser amount as the Administrative Agent may allocate) of its Term Loans under the Credit Agreement (which existing Term
Loans shall thereafter no longer be deemed to be outstanding) for Term Loans under the Restated Credit Agreement in the same aggregate principal amount as such Term Lender’s Term Loans under the Credit Agreement (or such lesser amount as the
Administrative Agent may allocate), and such Term Lender shall thereafter be a Term Lender under the Restated Credit Agreement; 

WHEREAS, upon the effectiveness of this Amendment, each Term Lender that shall have executed and delivered a Consent under the
“Post-Closing Settlement Option” (each, a “Post-Closing Settlement Lender”), each “Solely Amendment Consent Option” electing Term Lender and each Term Lender that shall not have executed a Consent hereto shall be
repaid in full, and the Borrowers shall pay to each Term Lender all accrued and unpaid interest, including any prepayment premium, on the Term Loans to, but not including, the date of effectiveness of the Amendment; and 

WHEREAS, the Administrative Agent, the Loan Parties and the Lenders signatory hereto are willing to so agree pursuant to
Section 12.04 of the Credit Agreement, subject to the conditions set forth herein; 
 NOW, THEREFORE, in
consideration of the premises and for other good and valuable consideration, the sufficiency and receipt of all of which is hereby acknowledged, the parties hereto hereby agree as follows: 

 SECTION 1. Amendment and Restatement. 

Effective as of the Restatement Effective Date, and subject to the terms and conditions set forth herein, the Credit Agreement is hereby
amended and restated in the form of Annex A hereto (the Credit Agreement, as so amended and restated, being referred to as the “Restated Credit Agreement”). 

SECTION 2. Term Lenders. Each Cashless Option Lender and Barclays Bank plc hereby agrees, on the Restatement Effective Date and on
the terms and conditions set forth herein and in the Restated Credit Agreement, to make or roll over, as applicable, its Term Loan under the Credit Agreement in accordance with Section 2.01(b) of the Restated Credit Agreement. Such parties
shall, effective on the Restatement Effective Date, automatically become a party to the Restated Credit Agreement as a “Term Lender”. Each Term Lender under the Credit Agreement that signs a Consent agrees that to the extent its Term Loans
under the Credit Agreement are being repaid on the Restatement Effective Date it waives any amounts it may be entitled to under Section 5.03 of the Credit Agreement in connection with such repayment. 

SECTION 3. Conditions of Effectiveness. This Amendment and the amendment and restatement of the Credit Agreement as set forth in
Section 1 hereof shall become effective as of the first date (such date being referred to as the “Restatement Effective Date”) when each of the following conditions shall have been satisfied: 

(a) The Administrative Agent shall have received this Amendment, duly executed and delivered by (A) the Loan Parties and
(B) the Majority Lenders, (C) the Cashless Option Lenders and (D) Barclays Bank plc. 
 (b) The Administrative
Agent shall have received, on behalf of itself, the Collateral Agent, the Lenders and each L/C Issuer, an opinion of (i) Kirkland & Ellis LLP, special counsel for the Loan Parties, and (ii) Stinson Morrison Hecker LLP, Kansas
counsel for the Borrowers, in each case, dated the Restatement Effective Date and addressed to the Agents, the Issuing Bank and the Lenders, in each case in form and substance satisfactory to the Administrative Agent. 

(c) Payment of all reasonable fees and expenses due to the Administrative Agent (as agreed to in writing between the Administrative Agent
and the Parent Borrower) (including, without limitation, fees and reasonable out-of-pocket expenses of Cahill Gordon & Reindel LLP, counsel to the Administrative Agent), in each case required to be paid on the Restatement Effective Date.
Simultaneous with effectiveness the Term Lenders under the Existing Credit Agreement shall have been paid all accrued principal and interest under the Credit Agreement as well as all premiums required by Section 2.08(i) of the Credit Agreement.

 SECTION 4. Representations and Warranties. Each Loan Party represents and warrants as follows as of the date hereof:

 (a) This Amendment will not (A) conflict with or result in a breach of, or require any consent which has not been
obtained as of the Restatement Effective Date under, (i) the respective Organizational Documents of any Company, (ii) any Governmental Requirement or (iii) any agreement or instrument (including the Franchise Agreements) to which any
Company is a party or by which it is bound or to which it or its Properties are subject, or (B) constitute a default under any such agreement or instrument, or result in the creation or imposition of any Lien upon any of the revenues or assets
of any Company pursuant to the terms of any such agreement or instrument other than the Liens created by the Loan Documents, except, in the case of clauses (A)(ii), (A)(iii) and (B) only, for conflicts, unobtained consents,
breaches, defaults and Liens that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

  
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 (b) Each Loan Party has all necessary power and authority to execute, deliver and perform
its obligations under this Amendment; and the execution, delivery and performance by each Loan Party of this Amendment and the Restated Credit Agreement, have been duly authorized by all necessary corporate action on its part; and this Amendment and
the Restated Credit Agreement constitutes the legal, valid and binding obligations of each Loan Party, enforceable in accordance with their terms, except as enforceability may be limited by bankruptcy, insolvency or other laws of general application
affecting the enforcement of creditor’s rights and by general principles of equity limiting the availability of certain remedies. 
 (c) Upon the effectiveness of this Amendment and both before and immediately after giving effect to this Amendment and the making of the Term Loans as contemplated herein, no Default exists. 

(d) The representations and warranties made by the Loan Parties in Article VII of the Credit Agreement and in the other Loan
Documents shall be true in all material respects (and in all respects if qualified by materiality) on and as of the Restatement Effective Date both before and after giving effect to the Term Loans made on the Restatement Effective Date with the same
force and effect as if made on and as of such date and following such new borrowing, except to the extent such representations and warranties are expressly limited to an earlier date. 

SECTION 5. Reference to and Effect on the Credit Agreement and the Loan Documents. 

(a) On and after the Restatement Effective Date, each reference in the Credit Agreement to “this Agreement,”
“hereunder,” “hereof” or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement, as amended by this Amendment No. 1 (i.e., the Restated Credit Agreement). 

(b) The Credit Agreement and each of the other Loan Documents, as specifically amended and restated by this Amendment are and shall
continue to be in full force and effect and are hereby in all respects ratified and confirmed. Without limiting the generality of the foregoing, the Security Instruments and all of the Collateral described therein do and shall continue to secure the
payment of all Secured Obligations of the Loan Parties under the Loan Documents, in each case, as amended by this Amendment. 

(c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of
any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents. On and after the effectiveness of this Amendment, this Amendment shall for
all purposes constitute a Loan Document. 
 SECTION 6. Execution in Counterparts. This Amendment may be executed in one
or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery by facsimile or electronic transmission of an executed counterpart of a signature page to this
Amendment shall be effective as delivery of an original executed counterpart of this Amendment. 
 SECTION 7. Governing
Law. 
 (i) THIS AMENDMENT (INCLUDING, BUT
NOT LIMITED TO, THE VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE GOVERNED
BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
NEW YORK. 

  
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 (ii) ANY LEGAL ACTION OR
PROCEEDING WITH RESPECT TO THIS AMENDMENT SHALL BE BROUGHT IN THE
COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY
OR OF THE UNITED STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF
NEW YORK, AND, BY EXECUTION AND DELIVERY OF THIS AMENDMENT, EACH LOAN
PARTY, THE ADMINISTRATIVE AGENT AND EACH LENDER HEREBY ACCEPTS FOR ITSELF
AND (TO THE EXTENT PERMITTED BY LAW) IN RESPECT OF ITS PROPERTY,
GENERALLY AND UNCONDITIONALLY, THE EXCLUSIVE JURISDICTION OF THE AFORESAID COURTS.
EACH LOAN PARTY, THE ADMINISTRATIVE AGENT AND EACH LENDER HEREBY IRREVOCABLY
WAIVES ANY OBJECTION, INCLUDING, WITHOUT LIMITATION, ANY OBJECTION TO THE LAYING
OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, WHICH
IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY SUCH
ACTION OR PROCEEDING IN SUCH RESPECTIVE JURISDICTIONS. 
 (iii) EACH PARTY HERETO IRREVOCABLY CONSENTS TO THE SERVICE OF
PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 12.02 OF THE
CREDIT AGREEMENT. NOTHING IN THIS AMENDMENT WILL AFFECT THE RIGHT OF
ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY
APPLICABLE GOVERNMENTAL REQUIREMENTS. 
 (iv) NOTHING
HEREIN SHALL AFFECT THE RIGHT OF THE ADMINISTRATIVE AGENT OR ANY
LENDER OR ANY HOLDER OF A NOTE TO COMMENCE LEGAL PROCEEDINGS OR
OTHERWISE PROCEED AGAINST THE LOAN PARTIES IN ANY OTHER JURISDICTION WITH
RESPECT TO ANY OTHER LOAN DOCUMENT THAT PROVIDES FOR SUCH OTHER
JURISDICTION, INCLUDING WITHOUT LIMITATION THE COMMENCEMENT OF ENFORCEMENT PROCEEDINGS UNDER
THE LOAN DOCUMENTS IN ALL APPLICABLE JURISDICTIONS. 
 (v) EACH LOAN PARTY AND EACH LENDER HEREBY (I) IRREVOCABLY
AND UNCONDITIONALLY WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, TRIAL
BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AMENDMENT
AND FOR ANY COUNTERCLAIM THEREIN; (II) IRREVOCABLY WAIVE, TO THE MAXIMUM
EXTENT NOT PROHIBITED BY LAW, ANY RIGHT IT MAY HAVE TO CLAIM
OR RECOVER IN ANY SUCH LITIGATION ANY SPECIAL, EXEMPLARY, PUNITIVE OR
CONSEQUENTIAL DAMAGES, OR DAMAGES OTHER THAN, OR IN ADDITION TO, ACTUAL
DAMAGES; (III) CERTIFY THAT NO PARTY HERETO NOR ANY REPRESENTATIVE OR
AGENT OR COUNSEL FOR ANY PARTY HERETO HAS REPRESENTED, EXPRESSLY OR
OTHERWISE, OR IMPLIED THAT SUCH PARTY WOULD NOT, IN THE EVENT OF
LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVERS; AND (IV) ACKNOWLEDGE THAT
IT HAS BEEN INDUCED TO ENTER INTO THIS AMENDMENT, AMONG OTHER THINGS,
THE MUTUAL WAIVERS AND CERTIFICATIONS CONTAINED IN THIS SECTION 8. 

[The remainder of this page is intentionally left blank] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

					
	NPC INTERNATIONAL, INC.
		 	as Parent Borrower
		
	By:	 	/s/ Troy D. Cook
		 	Name:	 	 Troy D. Cook

		 	Title:	 	 Executive Vice President-

	Finance, Chief Financial Officer and Secretary

  

					
	 NPC OPERATING COMPANY A, INC.

		 	as Subsidiary Borrower
		
	By:	 	/s/ Troy D. Cook
		 	Name:	 	 Troy D. Cook

		 	Title:	 	 Vice President, Secretary &

	Treasurer

  

					
	 NPC OPERATING COMPANY B, INC.

		 	as Subsidiary Borrower
		
	By:	 	/s/ Troy D. Cook
		 	Name:	 	 Troy D. Cook

		 	Title:	 	 Vice President, Secretary &

	Treasurer

  

					
	 NPC ACQUISITION HOLDINGS, LLC

		 	as Guarantor
		
	By:	 	/s/ Troy D. Cook
		 	Name:	 	 Troy D. Cook

		 	Title:	 	 Executive Vice President-

	Finance, Chief Financial Officer and Secretary

 [Amendment No. 1 Signature Page] 

 
					
	 BARCLAYS BANK PLC,

		 	as Lender, Administrative Agent,
	Collateral Agent, Issuing Bank, Swingline
	Lender, and Term Lender
		
	By:	 	/s/ Ritam Bhalla
		 	Name:	 	Ritam Bhalla
		 	Title:	 	Director

 [Amendment No. 1] 

 [Lender Consents on file with Cahill Gordon & Reindel LLP] 

 ANNEX A 
 RESTATED CREDIT AGREEMENT 
 [SEE EXHIBIT 10.11]EX-10.13

 Exhibit 10.13 

 
  

 
 SECURITY AGREEMENT 

By 
 NPC
INTERNATIONAL, INC., 
 as Parent Borrower 
 and 
 THE OTHER PLEDGORS PARTY HERETO 

and 
 BARCLAYS
BANK PLC, 
 as Collateral Agent 
  

 
 Dated as of
December 28, 2011 
  
  

 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 PREAMBLE
	  		  	 	1	  
			
	 RECITALS
	  		  	 	1	  
			
	 AGREEMENT
	  		  	 	2	  
	
	 ARTICLE I
  

DEFINITIONS AND INTERPRETATION
	   
 
   

			
	 SECTION 1.1.
	  	Definitions	  	 	2	  
	 SECTION 1.2.
	  	Interpretation	  	 	6	  
	 SECTION 1.3.
	  	Resolution of Drafting Ambiguities	  	 	6	  
	 SECTION 1.4.
	  	Perfection Certificate	  	 	7	  
	
	 ARTICLE II
  

GRANT OF SECURITY AND SECURED OBLIGATIONS
	   
 
   

			
	 SECTION 2.1.
	  	Grant of Security Interest	  	 	7	  
	 SECTION 2.2.
	  	Filings	  	 	8	  
	
	 ARTICLE III
  

PERFECTION; SUPPLEMENTS; FURTHER ASSURANCES;
 USE OF PLEDGED COLLATERAL
	   
 
   
   

			
	 SECTION 3.1.
	  	Delivery of Certificated Securities Collateral	  	 	8	  
	 SECTION 3.2.
	  	Perfection of Uncertificated Securities Collateral	  	 	8	  
	 SECTION 3.3.
	  	 Financing Statements and Other Filings; Maintenance of Perfected Security Interest
	  	 	9	  
	 SECTION 3.4.
	  	Other Actions	  	 	9	  
	 SECTION 3.5.
	  	Joinder of Additional Guarantors	  	 	11	  
	 SECTION 3.6.
	  	Supplements; Further Assurances	  	 	11	  
	
	 ARTICLE IV
  

REPRESENTATIONS, WARRANTIES AND COVENANTS
	   
 
   

			
	 SECTION 4.1.
	  	Title	  	 	11	  
	 SECTION 4.2.
	  	Validity of Security Interest	  	 	12	  
	 SECTION 4.3.
	  	Other Financing Statements	  	 	12	  
	 SECTION 4.4.
	  	Location of Inventory and Equipment	  	 	12	  
	 SECTION 4.5.
	  	Due Authorization and Issuance	  	 	12	  
	 SECTION 4.6.
	  	Consents, etc.	  	 	12	  
	 SECTION 4.7.
	  	Pledged Collateral	  	 	12	  
	 SECTION 4.8.
	  	Insurance	  	 	12	  

  
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	 ARTICLE V
  

CERTAIN PROVISIONS CONCERNING SECURITIES COLLATERAL
	   
 
   

			
	 SECTION 5.1.
	  	Pledge of Additional Securities Collateral	  	 	13	  
	 SECTION 5.2.
	  	Voting Rights; Distributions; etc.	  	 	13	  
	 SECTION 5.3.
	  	Defaults, etc.	  	 	14	  
	 SECTION 5.4.
	  	Certain Agreements of Pledgors As Issuers and Holders of Capital Securities	  	 	14	  
	
	 ARTICLE VI
  

CERTAIN PROVISIONS CONCERNING INTELLECTUAL
 PROPERTY COLLATERAL
	   
 
   
   

			
	 SECTION 6.1.
	  	Grant of Intellectual Property License	  	 	14	  
	 SECTION 6.2.
	  	Protection of Collateral Agent’s Security	  	 	15	  
	 SECTION 6.3.
	  	After-Acquired Property	  	 	15	  
	 SECTION 6.4.
	  	Litigation	  	 	15	  
	
	 ARTICLE VII
  

CERTAIN PROVISIONS CONCERNING RECEIVABLES
	   
 
   

			
	 SECTION 7.1.
	  	Maintenance of Records	  	 	16	  
	 SECTION 7.2.
	  	Legend	  	 	16	  
	 SECTION 7.3.
	  	Modification of Terms, etc.	  	 	16	  
	
	 ARTICLE VIII
  

TRANSFERS
	   
 
   

			
	 SECTION 8.1.
	  	Transfers of Pledged Collateral	  	 	16	  
	
	 ARTICLE IX
  

REMEDIES
	   
 
   

			
	 SECTION 9.1.
	  	Remedies	  	 	17	  
	 SECTION 9.2.
	  	Notice of Sale	  	 	18	  
	 SECTION 9.3.
	  	Waiver of Notice and Claims	  	 	18	  
	 SECTION 9.4.
	  	Certain Sales of Pledged Collateral	  	 	19	  
	 SECTION 9.5.
	  	No Waiver; Cumulative Remedies	  	 	19	  
	 SECTION 9.6.
	  	Certain Additional Actions Regarding Intellectual Property	  	 	20	  
	
	 ARTICLE X
  

APPLICATION OF PROCEEDS
	   
 
   

			
	 SECTION 10.1.
	  	Application of Proceeds	  	 	20	  

  
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	 ARTICLE XI
  

MISCELLANEOUS
	   
 
   

	 SECTION 11.1.
	  	Concerning Collateral Agent	  	 	20	  
	 SECTION 11.2.
	  	Collateral Agent May Perform; Collateral Agent Appointed Attorney-in-Fact	  	 	21	  
	 SECTION 11.3.
	  	Continuing Security Interest; Assignment	  	 	21	  
	 SECTION 11.4.
	  	Termination; Release	  	 	22	  
	 SECTION 11.5.
	  	Modification in Writing	  	 	22	  
	 SECTION 11.6.
	  	Notices	  	 	22	  
	 SECTION 11.7.
	  	 Governing Law, Consent to Jurisdiction and Service of Process; Waiver of Jury Trial
	  	 	23	  
	 SECTION 11.8.
	  	Severability of Provisions	  	 	23	  
	 SECTION 11.9.
	  	Execution in Counterparts	  	 	23	  
	 SECTION 11.10.
	  	Business Days	  	 	23	  
	 SECTION 11.11.
	  	No Credit for Payment of Taxes or Imposition	  	 	23	  
	 SECTION 11.12.
	  	No Claims Against Collateral Agent	  	 	23	  
	 SECTION 11.13.
	  	No Release	  	 	23	  
	 SECTION 11.14.
	  	Obligations Absolute	  	 	24	  
			
	 SIGNATURES
	  		  	 	S-1	  

  

					
	 EXHIBIT 1
	  	Form of Issuer’s Acknowledgment	  	
	 EXHIBIT 2
	  	Form of Securities Pledge Amendment	  	
	 EXHIBIT 3
	  	Form of Joinder Agreement	  	
	 EXHIBIT 4
	  	Form of Copyright Security Agreement	  	
	 EXHIBIT 5
	  	Form of Patent Security Agreement	  	
	 EXHIBIT 6
	  	Form of Trademark Security Agreement	  	
	 EXHIBIT 7
	  	Form of Bailee’s Letter	  	

  
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 SECURITY AGREEMENT 
 This SECURITY AGREEMENT dated as of December 28, 2011 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this
“Agreement”) made by NPC INTERNATIONAL, INC., a Kansas corporation (“Parent Borrower”), NPC OPERATING COMPANY A, INC., a Kansas corporation, and NPC OPERATING COMPANY B, INC., a Kansas corporation (each a
“Subsidiary Borrower” and together with the Parent Borrower, the “Borrowers”), NPC ACQUISITION HOLDINGS, LLC, a Delaware limited liability company (“Holdings”), and the other Guarantors from time to
time party hereto, in each case, as pledgors, assignors and debtors (the Borrowers, together with Holdings and the other Guarantors, in such capacities and together with any successors in such capacities, the “Pledgors,” and each, a
“Pledgor”), in favor of BARCLAYS BANK PLC, in its capacity as collateral agent pursuant to the Credit Agreement (as hereinafter defined), as pledgee, assignee and secured party (in such capacities and together with any successors in
such capacities, the “Collateral Agent”). 
 R E C I T A L
S : 
 A. The Borrowers, the Guarantors, the Collateral Agent, BARCLAYS BANK PLC, as Administrative Agent, Issuing Bank
and Swingline Lender, and the lending institutions listed therein have, in connection with the execution and delivery of this Agreement, entered into that certain credit agreement, dated as of December 28, 2011 (as amended, amended and
restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; which term shall also include and refer to any increase in the amount of indebtedness under the Credit Agreement and any refinancing or
replacement of the Credit Agreement (whether under a bank facility, securities offering or otherwise) or one or more successor or replacement facilities whether or not with a different group of agents or lenders (whether under a bank facility,
securities offering or otherwise) and whether or not with different obligors upon the Administrative Agent’s acknowledgment of the termination of the predecessor Credit Agreement). 

B. Each Guarantor has, pursuant to the Credit Agreement, unconditionally guaranteed the Secured Obligations. 

C. The Borrowers and each Guarantor will receive substantial benefits from the execution, delivery and performance of the obligations
under the Credit Agreement and the other Loan Documents and each is, therefore, willing to enter into this Agreement. 
 D. This
Agreement is given by each Pledgor in favor of the Collateral Agent for the benefit of the Secured Parties (as hereinafter defined) to secure the payment and performance of all of the Secured Obligations. 

F. It is a condition to (i) the obligations of the Lenders to make the Loans under the Credit Agreement, (ii) the obligations
of the Issuing Banks to issue Letters of Credit and (iii) the performance of the obligations of the Secured Parties under Hedging Agreements and Treasury Services Agreements that constitute Secured Obligations, that each Pledgor execute and
deliver the applicable Loan Documents, including this Agreement. 

 A G R E E M E N T :

 NOW THEREFORE, in consideration of the foregoing premises and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, each Pledgor and the Collateral Agent hereby agree as follows: 
 ARTICLE I

 DEFINITIONS AND INTERPRETATION 
 SECTION 1.1. Definitions. 
 (a) Unless otherwise defined herein or in the
Credit Agreement, capitalized terms used herein that are defined in the UCC shall have the meanings assigned to them in the UCC; provided that in any event, the following terms shall have the meanings assigned to them in the UCC: 

“Accounts”; “Bank”; “Chattel Paper”; “Commercial Tort Claim”;
“Commodity Account”; “Commodity Contract”; “Commodity Intermediary”; “Documents”; “Electronic Chattel Paper”; “Entitlement Order”;
“Equipment”; “Financial Asset”; “Fixtures”; “Goods”, “Inventory”; “Letter-of-Credit Rights”; “Letters of Credit”;
“Money”; “Payment Intangibles”; “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”;
“Supporting Obligations”; and “Tangible Chattel Paper.” 
 (b) Terms used but not otherwise
defined herein that are defined in the Credit Agreement shall have the meanings given to them in the Credit Agreement. Sections 1.03 and 1.04 of the Credit Agreement shall apply herein mutatis mutandis. 

(c) The following terms shall have the following meanings: 
 “Account Debtor” shall mean each person who is obligated on a Receivable or Supporting Obligation related thereto. 

“Agreement” shall have the meaning assigned to such term in the Preamble hereof. 

“Bailee Letter” shall be an agreement in form substantially similar to Exhibit 7 hereto. 

“Borrowers” shall have the meaning assigned to such term in the Recitals hereof. 

“Collateral Agent” shall have the meaning assigned to such term in the Preamble hereof. 

“Collateral Support” shall mean all property (real or personal) assigned, hypothecated or otherwise securing any Pledged
Collateral and shall include any security agreement or other agreement granting a lien or security interest in such real or personal property. 
 “Contracts” shall mean, collectively, with respect to each Pledgor, the Acquisition Documents, all sale, service, performance, equipment or property lease contracts, agreements and grants
and all other contracts, agreements or grants (in each case, whether written or oral, or third party or intercompany), between such Pledgor and any third party, and all assignments, amendments, restatements, supplements, extensions, renewals,
replacements or modifications thereof. 
 “Control” shall mean (i) in the case of each Deposit Account,
“control,” as such term is defined in Section 9-104 of the UCC, (ii) in the case of any Security Entitlement, “control,” as such term is defined in Section 8-106 of the UCC, and (iii) in the case of any
Commodity Contract, “control,” as such term is defined in Section 9-106 of the UCC. 

“Copyrights” shall mean, collectively, with respect to each Pledgor, all copyrights (whether statutory or common law,
whether established or registered in the United States or any other country or any political subdivision thereof, whether registered or unregistered and whether published or unpublished) and all copyright registrations and applications made by such
Pledgor, in each case, whether now owned or hereafter created or acquired 

  
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by or assigned to such Pledgor, together with any and all (i) rights and privileges arising under applicable law with respect to such Pledgor’s use of such copyrights,
(ii) reissues, renewals, continuations and extensions thereof and amendments thereto, (iii) income, fees, royalties, damages, claims and payments now or hereafter due and/or payable with respect thereto, including damages and payments for
past, present or future infringements thereof, and (iv) rights to sue for past, present or future infringements thereof. 

“Copyright Security Agreement” shall mean an agreement substantially in the form of Exhibit 4 hereto.

 “Credit Agreement” shall have the meaning assigned to such term in Recital A hereof. 

“Deposit Accounts” shall mean, collectively, with respect to each Pledgor, (i) all “deposit accounts” as
such term is defined in the UCC of such Pledgor and in any event shall include the LC Account and all accounts and sub-accounts relating to any of the foregoing accounts and (ii) all cash, funds, checks, notes and instruments from time to time
on deposit in any of the accounts or sub-accounts described in clause (i) of this definition. 

“Distributions” shall mean, collectively, with respect to each Pledgor, all dividends, cash, options, warrants, rights,
instruments, distributions, returns of capital or principal, income, interest, profits and other property, interests (debt or equity) or proceeds, including as a result of a split, revision, reclassification or other like change of the Pledged
Securities, from time to time received, receivable or otherwise distributed to such Pledgor in respect of or in exchange for any or all of the Pledged Securities or Intercompany Notes of such Pledgor. 

“Excluded Property” shall mean 
 (a) any permit or license issued by a Governmental Authority to any Pledgor or any agreement to which any Pledgor is a party, in each case, only to the extent and for so long as the terms of such permit,
license or agreement or any Governmental Requirement applicable thereto, validly prohibit the creation by such Pledgor of a security interest in such permit, license or agreement in favor of the Collateral Agent (after giving effect to
Sections 9-406(d), 9-407(a), 9-408(a) or 9-409 of the UCC (or any successor provision or provisions) or any other applicable law (including the Bankruptcy Code) or principles of equity); 

(b) assets owned by any Pledgor on the date hereof or hereafter acquired and any proceeds thereof that are subject to a
Lien permitted by the Credit Agreement securing a Purchase Money Obligation or Capitalized Lease Obligation or other purchase money debt permitted to be incurred pursuant to the provisions of the Credit Agreement to the extent and for so long as the
contract or other agreement in which such Lien is granted (or the documentation providing for such Purchase Money Obligation or Capitalized Lease Obligation or other purchase money debt) validly prohibits the creation of any other Lien on such
assets and proceeds; 
 (c) any Capital Security of a Foreign Subsidiary not required to be pledged pursuant to
Section 8.09(b) of the Credit Agreement; 
 (d) any intent-to-use trademark application to the extent
and for so long as creation by a Pledgor of a security interest therein would result in the loss by such Pledgor of any material rights therein; 
 (e) any assets with respect to which the Administrative Agent and the Parent Borrower agree in writing that the costs of obtaining a security interest therein outweigh the benefit provided to the Secured
Parties of the security interest afforded thereby; 
 (f) Capital Securities of any non-wholly owned Restricted
Subsidiary over which the granting of security interest in such assets would be prohibited by the organizational documents of such non-wholly owned Restricted Subsidiary (to the extent that such contractual provisions are not rendered ineffective by
the UCC, applicable law or otherwise unenforceable); and 

  
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 (g) Excluded Assets; 

provided, however, that Excluded Property shall not include any Proceeds, substitutions or replacements of any Excluded Property referred
to in clauses (a) through (g) (unless such Proceeds, substitutions or replacements would constitute Excluded Property referred to in clauses (a) through (g)). 

“General Intangibles” shall mean, collectively, with respect to each Pledgor, all “general intangibles,” as
such term is defined in the UCC, of such Pledgor and, in any event, shall include (i) all of such Pledgor’s rights, title and interest in, to and under all Contracts and insurance policies (including all rights and remedies relating
to monetary damages, including indemnification rights and remedies, and claims for damages or other relief pursuant to or in respect of any Contract), (ii) all know-how and warranties relating to any of the Pledged Collateral or the Mortgaged
Property, (iii) any and all other rights, claims, choses-in-action and causes of action of such Pledgor against any other person and the benefits of any and all collateral or other security given by any other person in connection therewith,
(iv) all guarantees, endorsements and indemnifications on, or of, any of the Pledged Collateral or any of the Mortgaged Property, (v) all lists, books, records, correspondence, ledgers, printouts, files (whether in printed form or stored
electronically), tapes and other papers or materials containing information relating to any of the Pledged Collateral or any of the Mortgaged Property, including all customer or tenant lists, identification of suppliers, data, plans, blueprints,
specifications, designs, drawings, appraisals, recorded knowledge, surveys, studies, engineering reports, test reports, manuals, standards, processing standards, performance standards, catalogs, research data, computer and automatic machinery
software and programs and the like, field repair data, accounting information pertaining to such Pledgor’s operations or any of the Pledged Collateral or any of the Mortgaged Property and all media in which or on which any of the information or
knowledge or data or records may be recorded or stored and all computer programs used for the compilation or printout of such information, knowledge, records or data, (vi) all licenses, consents, permits, variances, certifications,
authorizations and approvals, however characterized, now or hereafter acquired or held by such Pledgor, including building permits, certificates of occupancy, environmental certificates, industrial permits or licenses and certificates of operation
and (vii) all rights to reserves, deferred payments, deposits, refunds, indemnification of claims and claims for tax or other refunds against any Governmental Authority. 
 “Goodwill” shall mean, collectively, with respect to each Pledgor, the goodwill connected with such Pledgor’s business including all goodwill connected with (i) the use of and
symbolized by any Trademark or Intellectual Property License with respect to any Trademark in which such Pledgor has any interest, (ii) all know-how, trade secrets, customer and supplier lists, proprietary information, inventions, methods,
procedures, formulae, descriptions, compositions, technical data, drawings, specifications, name plates, catalogs, confidential information and the right to limit the use or disclosure thereof by any person, pricing and cost information, business
and marketing plans and proposals, consulting agreements, engineering contracts and such other assets which relate to such goodwill and (iii) all product lines of such Pledgor’s business. 

“Instruments” shall mean, collectively, with respect to each Pledgor, all “instruments,” as such term is
defined in Article 9, rather than Article 3, of the UCC, and shall include all promissory notes, drafts, bills of exchange or acceptances. 
 “Intellectual Property Collateral” shall mean, collectively, the Patents, Trademarks, Copyrights, Intellectual Property Licenses and Goodwill. 

“Intellectual Property Licenses” shall mean, collectively, with respect to each Pledgor, all license agreements with,
and covenants not to sue, any other party with respect to any Patent, Trademark or Copyright or any other patent, trademark or copyright, whether such Pledgor is a licensor or licensee under any such license agreement, together with any and all
(i) renewals, extensions, supplements and continuations thereof, (ii) income, fees, royalties, damages, claims and payments now and hereafter due and/or payable thereunder and with respect thereto including damages and payments for past,
present or future breach or violations thereof, and (iii) other rights to use, exploit or practice any or all of the Patents, Trademarks or Copyrights or any other patent, trademark or copyright. 

  
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 “Intercompany Notes” shall mean, with respect to each Pledgor, all
intercompany notes of such Pledgor described in Schedule 11 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and
all assignments, amendments, restatements, supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof. 
 “Investment Property” shall mean a security, whether certificated or uncertificated, Security Entitlement, Securities Account, Commodity Contract or Commodity Account, excluding, however,
the Securities Collateral. 
 “Joinder Agreement” shall mean an agreement substantially in the form of
Exhibit 3 hereto. 
 “LC Account” shall mean any account established and maintained in accordance
with the provisions of Section 2.15 of the Credit Agreement and all property from time to time on deposit in such LC Account. 
 “Material Intellectual Property Collateral” shall mean any Intellectual Property Collateral owned by any Pledgor that is material to the business, results of operations, prospects or
condition, financial or otherwise, of such Pledgor. 
 “Parent Borrower” shall have the meaning assigned to
such term in the Recitals hereof. 
 “Patents” shall mean, collectively, with respect to each Pledgor, all
patents issued or assigned to, and all patent applications and registrations made by, such Pledgor (whether established or registered or recorded in the United States or any other country or any political subdivision thereof), together with any and
all (i) rights and privileges arising under applicable law with respect to such Pledgor’s use of any patents, (ii) inventions and improvements described and claimed therein, (iii) reissues, divisions, continuations, renewals,
extensions and continuations-in-part thereof and amendments thereto, (iv) income, fees, royalties, damages, claims and payments now or hereafter due and/or payable thereunder and with respect thereto including damages and payments for past,
present or future infringements thereof, and (v) rights to sue for past, present or future infringements thereof. 

“Patent Security Agreement” shall mean an agreement substantially in the form of Exhibit 5 hereto.

 “Perfection Certificate” shall mean that certain perfection certificate dated December 28, 2011
executed and delivered by each Pledgor in favor of the Collateral Agent for the benefit of the Secured Parties, and each other Perfection Certificate (which shall be in form and substance reasonably acceptable to the Collateral Agent) executed and
delivered by the applicable Guarantor in favor of the Collateral Agent for the benefit of the Secured Parties contemporaneously with the execution and delivery of each Joinder Agreement executed in accordance with Section 3.5 hereof, in
each case, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the Credit Agreement or upon the request of the Collateral Agent. 

“Pledge Amendment” shall have the meaning assigned to such term in Section 5.1 hereof. 

“Pledged Collateral” shall have the meaning assigned to such term in Section 2.1 hereof. 

“Pledged Securities” shall mean, collectively, with respect to each Pledgor, (i) all issued and outstanding Capital
Securities of each issuer set forth on Schedules 10(a) and 10(b) to the Perfection Certificate as being owned by such Pledgor and all additional Capital Securities of whatever class of any such issuer acquired by such Pledgor
(including by issuance), together with all rights, privileges, authority and powers of such Pledgor 

  
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relating to such Capital Securities in each such issuer or under any Organizational Document of each such issuer, and the certificates, instruments and agreements representing such Capital
Securities and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to such Capital Securities, (ii) all Capital Securities of any issuer, which Capital Securities are hereafter acquired by
such Pledgor (including by issuance), together with all rights, privileges, authority and powers of such Pledgor relating to such Capital Securities or under any Organizational Document of any such issuer, and the certificates, instruments and
agreements representing such Capital Securities and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to such Capital Securities, from time to time acquired by such Pledgor in any manner, and
(iii) all Capital Securities issued in respect of the Capital Securities referred to in clause (i) or (ii) upon any consolidation or merger of any issuer of such Capital Securities; provided, however, that Pledged
Securities shall not include any Excluded Property. 
 “Pledgor” means, without duplication, each Borrower,
each Guarantor that is a party hereto and each Guarantor that becomes a party to this Agreement after the Closing Date. 

“Receivables” shall mean all (i) Accounts, (ii) Chattel Paper, (iii) Payment Intangibles,
(iv) General Intangibles, (v) Instruments and (vi) all other rights to payment, whether or not earned by performance, for goods or other property sold, leased, licensed, assigned or otherwise disposed of, or services rendered or to be
rendered, regardless of how classified under the UCC together with all of Pledgors’ rights, if any, in any goods or other property giving rise to such right to payment and all Collateral Support and Supporting Obligations related thereto and
all Records relating thereto. 
 “Securities Collateral” shall mean, collectively, the Pledged Securities, the
Intercompany Notes and the Distributions. 
 “Trademarks” shall mean, collectively, with respect to each
Pledgor, all trademarks (including service marks), slogans, logos, certification marks, trade dress, uniform resource locators (URL’s), domain names, corporate names and trade names, whether registered or unregistered, owned by or assigned to
such Pledgor and all registrations and applications for the foregoing (whether statutory or common law and whether established or registered in the United States or any other country or any political subdivision thereof) (provided that no
security interest shall be granted in any Excluded Property), together with any and all (i) rights and privileges arising under applicable law with respect to such Pledgor’s use of any trademarks, (ii) reissues, continuations,
extensions and renewals thereof and amendments thereto, (iii) income, fees, royalties, damages and payments now and hereafter due and/or payable thereunder and with respect thereto, including damages, claims and payments for past, present or
future infringements thereof, and (iv) rights to sue for past, present and future infringements thereof. 

“Trademark Security Agreement” shall mean an agreement substantially in the form of Exhibit 6 hereto.

 “UCC” shall mean the Uniform Commercial Code as in effect from time to time in the State of New York;
provided, however, that, at any time, if by reason of mandatory provisions of law, any or all of the perfection or priority of the Collateral Agent’s and the Secured Parties’ security interest in any item or portion of the
Pledged Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as in effect, at such time, in such other jurisdiction for
purposes of the provisions hereof relating to such perfection or priority and for purposes of definitions relating to such provisions. 
 SECTION 1.2. Interpretation. The rules of interpretation specified in the Credit Agreement (including Section 1.03 thereof) shall be applicable to this Agreement. 

SECTION 1.3. Resolution of Drafting Ambiguities. Each Pledgor acknowledges and agrees that it was represented by counsel in
connection with the execution and delivery hereof, that it and its counsel reviewed and participated in the preparation and negotiation hereof and that any rule of construction to the effect that ambiguities are to be resolved against the drafting
party (i.e., the Collateral Agent) shall not be employed in the interpretation hereof. 

  
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 SECTION 1.4. Perfection Certificate. The Collateral Agent and each Secured Party
agree that the Perfection Certificate and all descriptions of Pledged Collateral, schedules, amendments and supplements thereto are and shall at all times remain a part of this Agreement. 

ARTICLE II 

GRANT OF SECURITY AND SECURED OBLIGATIONS 
 SECTION 2.1. Grant of Security Interest. As collateral security for the payment and performance in full of all the Secured Obligations, each Pledgor hereby pledges and grants to the Collateral
Agent for the benefit of the Secured Parties, a lien on and security interest in all of the right, title and interest of such Pledgor in, to and under the following property, wherever located, and whether now existing or hereafter arising or
acquired from time to time (collectively, the “Pledged Collateral”): 
  

	 	(i)	all Accounts; 

  

	 	(ii)	all Equipment, Goods, Inventory and Fixtures; 

  

	 	(iii)	all Documents, Instruments and Chattel Paper; 

  

	 	(iv)	all Letters of Credit and Letter-of-Credit Rights; 

  

	 	(v)	all Securities Collateral; 

  

	 	(vi)	all Investment Property; 

  

	 	(vii)	all Intellectual Property Collateral; 

  

	 	(viii)	the Commercial Tort Claims described on Schedule 13 to the Perfection Certificate; 

 

	 	(ix)	all General Intangibles; 

  

	 	(x)	all Money and all Deposit Accounts; 

  

	 	(xi)	all Supporting Obligations; 

  

	 	(xii)	all books and records relating to the Pledged Collateral; and 

  

	 	(xiii)	to the extent not covered by clauses (i) through (xii) of this sentence, all other personal property of such Pledgor, whether tangible or intangible, and all
Proceeds and products of each of the foregoing and all accessions to, substitutions and replacements for, and rents, profits and products of, each of the foregoing, any and all Proceeds of any insurance, indemnity, warranty or guaranty payable to
such Pledgor from time to time with respect to any of the foregoing. 

 Notwithstanding anything to the contrary
contained in clauses (i) through (xiii) above, the security interest created by this Agreement shall not extend to, and the term “Pledged Collateral” shall not include, any Excluded Property. 

  
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 SECTION 2.2. Filings. (a) Each Pledgor hereby irrevocably authorizes the
Collateral Agent at any time and from time to time to file in any relevant jurisdiction any financing statements (including fixture filings) and amendments thereto that contain the information required by Article 9 of the Uniform Commercial Code of
each applicable jurisdiction for the filing of any financing statement or amendment relating to the Pledged Collateral, including (i) whether such Pledgor is an organization, the type of organization and any organizational identification number
issued to such Pledgor, (ii) any financing or continuation statements or other documents without the signature of such Pledgor where permitted by law, including the filing of a financing statement describing the Pledged Collateral as “all
assets now owned or hereafter acquired by the Pledgor or in which Pledgor otherwise has rights” and (iii) in the case of a financing statement filed as a fixture filing or covering Pledged Collateral constituting minerals or the like to be
extracted or timber to be cut, a sufficient description of the real property to which such Pledged Collateral relates. Each Pledgor agrees to provide all information described in the immediately preceding sentence to the Collateral Agent promptly
upon request by the Collateral Agent. 
 (b) Each Pledgor hereby ratifies its authorization for the Collateral Agent to file in
any relevant jurisdiction any financing statements relating to the Pledged Collateral if filed prior to the date hereof. 
 (c)
Each Pledgor hereby further authorizes the Collateral Agent to file filings with the United States Patent and Trademark Office or United States Copyright Office, including the Copyright Security Agreement, the Patent Security Agreement and the
Trademark Security Agreement, or other documents for the purpose of perfecting, confirming, continuing, enforcing or protecting the security interest granted by such Pledgor hereunder, without the signature of such Pledgor, and naming such Pledgor,
as debtor, and the Collateral Agent, as secured party, in each case to the extent permitted by applicable law. 
 ARTICLE III

 PERFECTION; SUPPLEMENTS; FURTHER ASSURANCES; 
 USE OF PLEDGED COLLATERAL 
 SECTION 3.1. Delivery of Certificated Securities
Collateral. Each Pledgor represents and warrants that all certificates, agreements or instruments representing or evidencing the Securities Collateral in existence on the date hereof have been delivered to the Collateral Agent (other than
Pledged Securities of the Parent Borrower, which shall be delivered to the Collateral Agent in accordance with Section 8.13(a)(ii) of the Credit Agreement) in suitable form for transfer by delivery or accompanied by duly executed instruments of
transfer or assignment in blank and that the Collateral Agent has a perfected first priority security interest therein. Each Pledgor hereby agrees that all certificates, agreements or instruments representing or evidencing Securities Collateral
acquired by such Pledgor after the date hereof shall promptly (but in any event within five Business Days after receipt thereof by such Pledgor) be delivered to and held by or on behalf of the Collateral Agent pursuant hereto. All certificated
Securities Collateral shall be in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Agent. The
Collateral Agent shall have the right, at any time upon the occurrence and during the continuance of any Event of Default, to endorse, assign or otherwise transfer to or to register in the name of the Collateral Agent or any of its nominees or
endorse for negotiation any or all of the Securities Collateral, without any indication that such Securities Collateral is subject to the security interest hereunder. In addition, upon the occurrence and during the continuance of an Event of
Default, the Collateral Agent shall have the right at any time to exchange certificates representing or evidencing Securities Collateral for certificates of smaller or larger denominations. 

SECTION 3.2. Perfection of Uncertificated Securities Collateral. Each Pledgor represents and warrants that the Collateral Agent
has a perfected first priority security interest in all uncertificated Pledged Securities pledged by it hereunder that are in existence on the date hereof. Each Pledgor hereby agrees that if any of the Pledged Securities are at any time not
evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, take the following actions or, in the case of any issuer that is not a Subsidiary,

  
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use commercially reasonable efforts to, (i) cause the issuer to execute and deliver to the Collateral Agent an acknowledgment of the pledge of such Pledged Securities substantially in the
form of Exhibit 1 hereto or such other form that is reasonably satisfactory to the Collateral Agent, (ii) if necessary to perfect a security interest in such Pledged Securities, cause such pledge to be recorded on the equityholder
register or the books of the issuer, and (iii) after the occurrence and during the continuance of any Event of Default, upon reasonable request by the Collateral Agent, (A) cause the Organizational Documents of each such issuer that is a
Subsidiary of Holdings to be amended to provide that such Pledged Securities shall be treated as “securities” for purposes of the UCC and (B) cause such Pledged Securities of any such issuer to become certificated and delivered to the
Collateral Agent in accordance with the provisions of Section 3.1. 
 SECTION 3.3. Financing Statements and Other
Filings; Maintenance of Perfected Security Interest. Each Pledgor represents and warrants that all financing statements, agreements, instruments and other documents necessary to perfect the security interest granted by it to the Collateral Agent
in respect of the Pledged Collateral have been delivered to the Collateral Agent in completed and, to the extent necessary or appropriate, duly executed form for filing in each governmental, municipal or other office specified in Schedule 7
to the Perfection Certificate, in each case to the extent that such perfection is required hereunder (it being understood that perfection of motor vehicles and other assets evidenced by a certificate of title shall not be required hereunder and
control agreements (including with respect to cash, Deposit Accounts or other bank or securities accounts) shall not be required). Each Pledgor agrees that at the sole cost and expense of the Pledgors, such Pledgor will maintain the security
interest created by this Agreement in the Pledged Collateral as a perfected first priority security interest subject only to Permitted Collateral Liens and file all UCC-3 continuations statements necessary to continue the perfection of the security
interest created by this Agreement, in each case to the extent that such security interest is required to be perfected hereunder. 
 SECTION 3.4. Other Actions. In order to further ensure the attachment, perfection and priority of, and the ability of the Collateral Agent to enforce, the Collateral Agent’s security interest
in the Pledged Collateral, each Pledgor represents and warrants (as to itself) as follows and agrees, in each case at such Pledgor’s own expense, to take the following actions with respect to the following Pledged Collateral: 

(a) Instruments and Tangible Chattel Paper. As of the date hereof, no amounts payable under or in connection with
any of the Pledged Collateral are evidenced by any Instrument or Tangible Chattel Paper other than such Instruments and Tangible Chattel Paper listed in Schedule 11 to the Perfection Certificate and other than Instruments and Tangible
Chattel Paper in an amount of less than $375,000 individually or $2,000,000 in the aggregate for all Pledgors. Each Instrument and each item of Tangible Chattel Paper listed in Schedule 11 to the Perfection Certificate has been properly
endorsed, assigned and delivered to the Collateral Agent, accompanied by instruments of transfer or assignment duly executed in blank. If any amount then payable under or in connection with any of the Pledged Collateral shall be evidenced by any
Instrument or Tangible Chattel Paper, and such amount exceeds $375,000, or such amount, together with all amounts payable evidenced by any Instrument or Tangible Chattel Paper not previously delivered to the Collateral Agent exceeds $2,000,000 in
the aggregate for all Pledgors, the Pledgor acquiring such Instrument or Tangible Chattel Paper shall promptly (but in any event within five Business Days after receipt thereof) endorse, assign and deliver the same to the Collateral Agent,
accompanied by such instruments of transfer or assignment duly executed in blank as the Collateral Agent may from time to time specify. 
 (b) Deposit Accounts. No Pledgor shall grant Control of any Deposit Account to any person other than the Collateral Agent. 

(c) Securities Accounts and Commodity Accounts. No Pledgor shall grant Control over any Investment Property to any
person other than the Collateral Agent. 

  
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 (d) Electronic Chattel Paper and Transferable Records. As of the date
hereof, no amount under or in connection with any of the Pledged Collateral is evidenced by any Electronic Chattel Paper or any “transferable record” (as that term is defined in Section 201 of the Federal Electronic Signatures in
Global and National Commerce Act, or in Section 16 of the Uniform Electronic Transactions Act as in effect in any relevant jurisdiction) other than such Electronic Chattel Paper and transferable records listed in Schedule 11 to the
Perfection Certificate. If any amount payable under or in connection with any of the Pledged Collateral shall be evidenced by any Electronic Chattel Paper or any transferable record, the Pledgor acquiring such Electronic Chattel Paper or
transferable record shall promptly notify the Collateral Agent thereof and shall take such action as the Collateral Agent may reasonably request to vest in the Collateral Agent control of such Electronic Chattel Paper under Section 9-105 of the
UCC or control under Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or, as the case may be, Section 16 of the Uniform Electronic Transactions Act, as so in effect in such jurisdiction, of such
transferable record. The requirement in the preceding sentence shall not apply to the extent that such amount, together with all amounts payable evidenced by Electronic Chattel Paper or any transferable record in which the Collateral Agent has not
been vested control within the meaning of the statutes described in the immediately preceding sentence, does not exceed $1,000,000 in the aggregate for all Pledgors. The Collateral Agent agrees with such Pledgor that the Collateral Agent will
arrange, pursuant to procedures reasonably satisfactory to the Collateral Agent and so long as such procedures will not result in the Collateral Agent’s loss of control, for the Pledgor to make alterations to the Electronic Chattel Paper or
transferable record permitted under Section 9-105 of the UCC or, as the case may be, Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or Section 16 of the Uniform Electronic Transactions Act for a
party in control to allow without loss of control, unless an Event of Default has occurred and is continuing or would occur after taking into account any action by such Pledgor with respect to such Electronic Chattel Paper or transferable record.

 (e) Letter-of-Credit Rights. If any Pledgor is at any time a beneficiary under a Letter of Credit now
or hereafter issued, such Pledgor shall promptly notify the Collateral Agent thereof and such Pledgor shall, at the request of the Collateral Agent, pursuant to an agreement in form and substance reasonably satisfactory to the Collateral Agent,
either (i) arrange for the issuer and any confirmer of such Letter of Credit to consent to an assignment to the Collateral Agent of the proceeds of any drawing under the Letter of Credit or (ii) arrange for the Collateral Agent to become
the transferee beneficiary of such Letter of Credit, with the Collateral Agent agreeing, in each case, that the proceeds of any drawing under the Letter of Credit are to be applied as provided in the Credit Agreement. The actions in the preceding
sentence shall not be required to the extent that the amount of any such Letter of Credit does not exceed $150,000 or any such Letter of Credit, together with the aggregate amount of all other Letters of Credit for which the actions described above
in clause (i) and (ii) have not been taken, does not exceed $2,000,000 in the aggregate for all Pledgors. 
 (f) Commercial Tort Claims. As of the date hereof, each Pledgor hereby represents and warrants that it holds no Commercial Tort Claims other than those listed in Schedule 13 to the
Perfection Certificate and those involving less than $1,000,000. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim, such Pledgor shall promptly notify the Collateral Agent in writing signed by such Pledgor of the brief details
thereof and grant to the Collateral Agent in such writing a security interest therein and in the Proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
The requirement in the preceding sentence shall not apply to the extent that the amount of such Commercial Tort Claim, together with the amount of all other Commercial Tort Claims held by any Pledgor in which the Collateral Agent does not have a
security interest, does not exceed $1,000,000 in the aggregate for all Pledgors. 
 (g) Bailee Letters.
Each Pledgor shall use its commercially reasonable efforts to obtain a Bailee Letter from all such bailees who from time to time have possession of any Pledged Collateral if reasonably requested by the Collateral Agent. A waiver of a bailee’s
lien shall not be required if the value of the Pledged Collateral held by such bailee is less than $100,000 (provided however that a Bailee Letter shall not be required by any landlord of Real Property leased by any Pledgor). 

  
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 SECTION 3.5. Joinder of Additional Guarantors. The Pledgors shall cause each
Subsidiary of the Parent Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the Credit Agreement, (a) to
execute and deliver to the Collateral Agent (i) a Joinder Agreement substantially in the form of Exhibit 3 hereto and (ii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was
acquired or created or (b) in the case of a Subsidiary organized outside of the United States required to pledge any assets to the Collateral Agent, to execute and deliver to the Collateral Agent such documentation as the Collateral Agent shall
reasonably request and, in each case with respect to clauses (a) and (b) above, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same
force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain
in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement. 
 SECTION
3.6. Supplements; Further Assurances. Upon reasonable request of the Collateral Agent from time to time, each Pledgor shall take such further actions, and execute and/or deliver to the Collateral Agent such additional financing statements,
amendments, assignments, agreements, supplements, powers and instruments, as the Collateral Agent may in its reasonable judgment deem necessary or appropriate in order to create, perfect, preserve and protect the security interest in the Pledged
Collateral as provided herein and the rights and interests granted to the Collateral Agent hereunder under the law of the United States or a state thereof, to carry into effect the purposes hereof or better to assure and confirm the validity,
enforceability and priority of the Collateral Agent’s security interest in the Pledged Collateral or permit the Collateral Agent to exercise and enforce its rights, powers and remedies hereunder with respect to any Pledged Collateral, including
the filing of financing statements, continuation statements and other documents (including this Agreement) under the Uniform Commercial Code (or other similar laws) in effect in any jurisdiction with respect to the security interest created hereby
and in such offices (including the United States Patent and Trademark Office and the United States Copyright Office) wherever required by law to perfect, continue and maintain the validity, enforceability and priority of the security interest in the
Pledged Collateral as provided herein and to preserve the other rights and interests granted to the Collateral Agent hereunder, as against third parties, with respect to the Pledged Collateral. Without limiting the generality of the foregoing, each
Pledgor shall make, execute, endorse, acknowledge, file or refile and/or deliver to the Collateral Agent from time to time upon reasonable request by the Collateral Agent such lists, schedules, descriptions and designations of the Pledged
Collateral, schedules, confirmatory assignments, supplements, additional security agreements, conveyances, financing statements, transfer endorsements, powers of attorney, certificates, reports and other assurances or instruments as the Collateral
Agent shall reasonably request. If an Event of Default has occurred and is continuing, the Collateral Agent may institute and maintain, in its own name or in the name of any Pledgor, such suits and proceedings as the Collateral Agent may be advised
by counsel shall be necessary or expedient to prevent any impairment of the security interest in or the perfection thereof in the Pledged Collateral. All of the foregoing shall be at the sole cost and expense of the Pledgors. Notwithstanding
anything to the contrary, no action shall be required to perfect a security interest in any motor vehicles. 
 ARTICLE IV

 REPRESENTATIONS, WARRANTIES AND COVENANTS 
 Each Pledgor represents, warrants and covenants as follows: 
 SECTION 4.1.
Title. Except for the security interest granted to the Collateral Agent for the benefit of the Secured Parties pursuant to this Agreement and Permitted Liens, such Pledgor owns and has rights and, as to Pledged Collateral acquired by it from
time to time after the date hereof, will own and have rights in each item of Pledged Collateral pledged by it hereunder, free and clear of any and all Liens or claims of others. In addition, no Liens or claims exist on the Securities Collateral,
other than as permitted by Section 9.02 of the Credit Agreement. 

  
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 SECTION 4.2. Validity of Security Interest. The security interest in and Lien on the
Pledged Collateral granted to the Collateral Agent for the benefit of the Secured Parties hereunder constitutes (a) a legal and valid security interest in all the Pledged Collateral securing the payment and performance of the Secured
Obligations, and (b) subject to the filings and other actions described in Schedule 7 (including filings of security interests in Copyrights, Patents and Trademarks with the U.S. Copyright Office and the U.S. Patent and Trademark Office,
as the case may be) to the Perfection Certificate (to the extent required to be listed on the schedules to the Perfection Certificate as of the date this representation is made or deemed made), a perfected security interest in all the Pledged
Collateral under the law of the United States or a state thereof. The security interest and Lien granted to the Collateral Agent for the benefit of the Secured Parties pursuant to this Agreement in and on the Pledged Collateral will at all times
constitute a perfected, continuing security interest therein, prior to all other Liens on the Pledged Collateral except for Permitted Collateral Liens. 
 SECTION 4.3. Other Financing Statements. It has not filed, nor authorized any third party to file, any valid or effective financing statement (or similar statement, instrument of registration or
public notice under the law of any jurisdiction) covering or purporting to cover any interest of any kind in the Pledged Collateral, except such as have been filed in favor of the Collateral Agent pursuant to this Agreement or in favor of any holder
of a Permitted Collateral Lien with respect to such Permitted Collateral Lien or financing statements or public notices relating to the termination statements listed on Schedule 9 to the Perfection Certificate. No Pledgor shall execute,
authorize or permit to be filed in any public office any financing statement (or similar statement, instrument of registration or public notice under the law of any jurisdiction) relating to any Pledged Collateral, except financing statements and
other statements and instruments filed or to be filed in respect of and covering the security interests granted by such Pledgor to the holder of the Permitted Collateral Liens. 

SECTION 4.4. Location of Inventory and Equipment. In no event shall any Equipment or Inventory be moved to any location outside of
the United States. 
 SECTION 4.5. Due Authorization and Issuance. All of the Pledged Securities existing on the date
hereof have been, and to the extent any Pledged Securities are hereafter issued, such Pledged Securities will be, upon such issuance, duly authorized, validly issued and fully paid and non-assessable to the extent applicable. 

SECTION 4.6. Consents, etc. If an Event of Default has occurred and is continuing, in the event that the Collateral Agent desires
to exercise any remedies, voting or consensual rights or attorney-in-fact powers set forth in this Agreement and determines it necessary to obtain any approvals or consents of any Governmental Authority or any other person therefor, then, upon the
reasonable request of the Collateral Agent, such Pledgor agrees to use its best efforts to assist and aid the Collateral Agent to obtain as soon as practicable any necessary approvals or consents for the exercise of any such remedies, rights and
powers. 
 SECTION 4.7. Pledged Collateral. All information set forth herein, including the schedules hereto, and all
information contained in any documents, schedules and lists heretofore delivered to any Secured Party, including the Perfection Certificate and the schedules thereto, in connection with this Agreement, in each case, relating to the Pledged
Collateral, is, taken as a whole, accurate and complete in all material respects. The Pledged Collateral described on the schedules to the Perfection Certificate constitutes all of the property of such type of Pledged Collateral owned or held by the
Pledgors required to be described on the schedules. 
 SECTION 4.8. Insurance. In the event that the proceeds of any
insurance claim are paid to any Pledgor after the Collateral Agent has exercised its right to foreclose after an Event of Default, such Net Cash Proceeds shall be held in trust for the benefit of the Collateral Agent and immediately after receipt
thereof shall be paid to the Collateral Agent for application in accordance with the Credit Agreement. 

  
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 ARTICLE V 
 CERTAIN PROVISIONS CONCERNING SECURITIES COLLATERAL 
 SECTION 5.1. Pledge of
Additional Securities Collateral. Each Pledgor shall, upon obtaining (i) any Pledged Securities or (ii) Intercompany Notes of any person in an amount in excess of $375,000 individually or $2,000,000 in the aggregate for all Pledgors,
accept the same in trust for the benefit of the Collateral Agent and promptly (but in any event within five Business Days after receipt thereof) deliver to the Collateral Agent a pledge amendment, duly executed by such Pledgor, in substantially the
form of Exhibit 2 hereto (each, a “Pledge Amendment”), and the certificates and other documents required under Section 3.1 and Section 3.2 hereof in respect of the additional Pledged Securities or
Intercompany Notes which are to be pledged pursuant to this Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Pledgor hereby authorizes the
Collateral Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged
Collateral. 
 SECTION 5.2. Voting Rights; Distributions; etc. 

(a) So long as no Event of Default shall have occurred and be continuing: 

(i) Each Pledgor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Securities
Collateral or any part thereof for any purpose not inconsistent with the terms or purposes hereof, the Credit Agreement or any other document evidencing the Secured Obligations. 

(ii) Each Pledgor shall be entitled to receive and retain, and to utilize free and clear of the Lien hereof, any and all
Distributions, but only if and to the extent made in accordance with the provisions of the Credit Agreement; provided, however, that any and all such Distributions consisting of rights or interests in the form of securities shall be
forthwith delivered to the Collateral Agent to hold as Pledged Collateral and shall, if received by any Pledgor, be received in trust for the benefit of the Collateral Agent, be segregated from the other property or funds of such Pledgor and be
promptly (but in any event within five Business Days after receipt thereof) delivered to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsement). 

(b) So long as no Event of Default shall have occurred and be continuing, the Collateral Agent shall be deemed without further action or
formality to have granted to each Pledgor all necessary consents relating to voting rights and shall, if necessary, upon written request of any Pledgor and at the sole cost and expense of the Pledgors, from time to time execute and deliver (or
cause to be executed and delivered) to such Pledgor all such instruments as such Pledgor may reasonably request in order to permit such Pledgor to exercise the voting and other rights which it is entitled to exercise pursuant to
Section 5.2(a)(i) hereof and to receive the Distributions which it is authorized to receive and retain pursuant to Section 5.2(a)(ii) hereof. 
 (c) Upon the occurrence and during the continuance of any Event of Default: 
 (i) All rights of each Pledgor to exercise the voting and other consensual rights it would otherwise be entitled to exercise pursuant to Section 5.2(a)(i) hereof shall immediately cease, and
all such rights shall thereupon become vested in the Collateral Agent, which shall thereupon have the sole right to exercise such voting and other consensual rights. 

(ii) All rights of each Pledgor to receive Distributions which it would otherwise be authorized to receive and retain
pursuant to Section 5.2(a)(ii) hereof shall immediately cease and all such rights shall thereupon become vested in the Collateral Agent, which shall thereupon have the sole right to receive and hold as Pledged Collateral such
Distributions. 

  
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 (d) If an Event of Default has occurred and is continuing, each Pledgor shall, at its sole
cost and expense, from time to time execute and deliver to the Collateral Agent appropriate instruments as the Collateral Agent may request in order to permit the Collateral Agent to exercise the voting and other rights which it may be entitled to
exercise pursuant to Section 5.2(c)(i) hereof and to receive all Distributions which it may be entitled to receive under Section 5.2(c)(ii) hereof. 
 (e) All Distributions which are received by any Pledgor contrary to the provisions of Section 5.2(a)(ii) hereof shall be received in trust for the benefit of the Collateral Agent, shall be
segregated from other funds of such Pledgor and shall immediately be paid over to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsement). 

SECTION 5.3. Defaults, etc. Each Pledgor hereby represents and warrants that (i) such Pledgor is not in default in the
payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Pledgor is a party relating to the Pledged Securities pledged by it, and such Pledgor is not in violation of any other
provisions of any such agreement to which such Pledgor is a party, or otherwise in default or violation thereunder, (ii) as of the date hereof, no Securities Collateral pledged by such Pledgor is subject to any defense, offset or counterclaim,
nor have any of the foregoing been asserted or alleged against such Pledgor by any person with respect thereto, and (iii) as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organizational
Documents and certificates representing such Pledged Securities that have been delivered to the Collateral Agent) which evidence any Pledged Securities of such Pledgor. 
 SECTION 5.4. Certain Agreements of Pledgors As Issuers and Holders of Capital Securities. 
 (a) In the case of each Pledgor which is an issuer of Securities Collateral, such Pledgor agrees to be bound by the terms of this Agreement relating to the Securities Collateral issued by it and will
comply with such terms insofar as such terms are applicable to it. 
 (b) In the case of each Pledgor which is a partner,
shareholder or member, as the case may be, in a partnership, limited liability company or other entity, such Pledgor hereby consents to the extent required by the applicable Organizational Document to the pledge by each other Pledgor, pursuant to
the terms hereof, of the Pledged Securities in such partnership, limited liability company or other entity and, upon the occurrence and during the continuance of an Event of Default, to the transfer of such Pledged Securities to the Collateral Agent
or its nominee and to the substitution of the Collateral Agent or its nominee as a substituted partner, shareholder or member in such partnership, limited liability company or other entity with all the rights, powers and duties of a general partner,
limited partner, shareholder or member, as the case may be. 
 ARTICLE VI 

CERTAIN PROVISIONS CONCERNING INTELLECTUAL 
 PROPERTY COLLATERAL 
 SECTION 6.1. Grant of Intellectual Property License.
For the purpose of enabling the Collateral Agent, during the continuance of an Event of Default, to exercise rights and remedies under Article IX hereof at such time as the Collateral Agent shall be lawfully entitled to exercise such rights
and remedies, and for no other purpose, each Pledgor hereby grants to the Collateral Agent, to the extent assignable, an irrevocable, non-exclusive license to use, assign, license or sublicense any of the Intellectual Property Collateral now owned
or hereafter acquired by such Pledgor, wherever the same may be located (subject, in the case of Trademarks, to sufficient rights to reasonable quality control). Such license shall include access to all media in which any of the licensed items may
be recorded or stored and to all computer programs used for the compilation or printout hereof. 

  
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 SECTION 6.2. Protection of Collateral Agent’s Security. On a continuing basis,
each Pledgor shall, at its sole cost and expense, (i) promptly following its becoming aware thereof, notify the Collateral Agent of any adverse determination in any proceeding or the institution of any proceeding in any federal, state or local
court or administrative body or in the United States Patent and Trademark Office or the United States Copyright Office regarding any Material Intellectual Property Collateral (other than office actions issued in the ordinary course of prosecution),
such Pledgor’s right to register such Material Intellectual Property Collateral or its right to keep and maintain such registration in full force and effect, (ii) maintain or not permit to lapse or become abandoned any Material
Intellectual Property Collateral (except at the end of its non-renewable statutory term), and not settle or compromise any pending or future litigation or administrative proceeding with respect to any such Material Intellectual Property Collateral,
in either case except as shall be consistent with commercially reasonable business judgment, (iii) upon such Pledgor obtaining knowledge thereof, promptly notify the Collateral Agent in writing of any event which may be reasonably expected to
result in the loss of or otherwise materially and adversely impair such Pledgor’s right, title and interest in any Material Intellectual Property Collateral or the rights and remedies of the Collateral Agent in relation thereto including a levy
or threat of levy or any legal process against any Material Intellectual Property Collateral, (iv) not license any Material Intellectual Property Collateral other than licenses entered into by such Pledgor in, or incidental to, the ordinary
course of business, or amend or permit the amendment of any of the licenses in a manner that materially and adversely affects the right to receive payments thereunder, or in any manner that would materially impair the value of any Material
Intellectual Property Collateral or the Lien on and security interest in the Material Intellectual Property Collateral created therein hereby, without the consent of the Collateral Agent, (v) diligently keep reasonable and customary records
adequate to support such Pledgor’s right, title and interest in respect of all Material Intellectual Property Collateral and (vi) furnish to the Collateral Agent from time to time (but no more frequently than once per calendar year) upon
the Collateral Agent’s request therefor statements and amended schedules further identifying and describing the Intellectual Property Collateral and such other materials evidencing or reports pertaining to any Intellectual Property Collateral
as the Collateral Agent may from time to time request. 
 SECTION 6.3. After-Acquired Property. If any Pledgor shall at
any time after the date hereof (i) acquire or file for any additional Material Intellectual Property Collateral or (ii) if any intent-to-use Trademark application is no longer subject to clause (d) of the definition of Excluded
Property, the provisions hereof shall automatically apply thereto and any such item enumerated in the preceding clause (i) or (ii) shall automatically constitute Material Intellectual Property Collateral as if such would have constituted
Material Intellectual Property Collateral at the time of execution hereof and be subject to the Lien and security interest created by this Agreement without further action by any party. At the end of each fiscal year of each Pledgor, each Pledgor
shall promptly (and in any event within 30 days) provide to the Collateral Agent written notice of any of the foregoing and confirm the attachment of the Lien and security interest created by this Agreement to any rights described in clauses
(i) and (ii) above acquired during such fiscal year by execution of an instrument in form reasonably acceptable to the Collateral Agent and the filing of any instruments or statements as shall be reasonably necessary to create, preserve,
protect or perfect the Collateral Agent’s security interest in such Material Intellectual Property Collateral under United States law. Further, each Pledgor authorizes the Collateral Agent to modify this Agreement by amending Schedules
12(a) and 12(b) to the Perfection Certificate to include any Material Intellectual Property Collateral of such Pledgor acquired or arising after the date hereof. 
 SECTION 6.4. Litigation. Unless there shall occur and be continuing any Event of Default, each Pledgor shall have the right to commence and prosecute in its own name, as the party in interest, for
its own benefit and at the sole cost and expense of the Pledgors, such applications for protection of the Intellectual Property Collateral and suits, proceedings or other actions to prevent the infringement, counterfeiting, unfair competition,
dilution, diminution in value or other damage as are necessary to protect the Intellectual Property Collateral. Upon the occurrence and during the continuance of any Event of Default, the Collateral Agent shall have the right but shall in no way be
obligated to file applications for protection of the Intellectual Property Collateral and/or bring suit in the name of any Pledgor, the Collateral Agent or the Secured Parties to enforce the Intellectual Property Collateral and any license
thereunder. In the event of such suit, each Pledgor shall, at the reasonable request of the Collateral Agent, do any and all lawful acts and execute any and all documents requested by the Collateral Agent in aid of such enforcement and the Pledgors
shall promptly reimburse and indemnify the Collateral Agent for all costs and expenses incurred by the Collateral Agent in the exercise of its rights under this Section 6.4 in accordance with Section 12.03

  
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of the Credit Agreement. In the event that the Collateral Agent shall elect not to bring suit to enforce the Intellectual Property Collateral, each Pledgor agrees, at the reasonable request of
the Collateral Agent, to take all commercially reasonable actions necessary, whether by suit, proceeding or other action, to prevent the infringement, counterfeiting, unfair competition, dilution, diminution in value of or other damage to any of the
Intellectual Property Collateral by any person. 
 ARTICLE VII 

CERTAIN PROVISIONS CONCERNING RECEIVABLES 
 SECTION 7.1. Maintenance of Records. Each Pledgor shall keep and maintain at its own cost and expense complete records of each Receivable, in a manner consistent with prudent business practice.
Each Pledgor shall, at such Pledgor’s sole cost and expense, upon the Collateral Agent’s demand made at any time after the occurrence and during the continuance of any Event of Default, deliver all tangible evidence of Receivables,
including all documents evidencing Receivables and any books and records relating thereto to the Collateral Agent or to its representatives (copies of which evidence and books and records may be retained by such Pledgor). Upon the occurrence and
during the continuance of any Event of Default, the Collateral Agent may transfer a full and complete copy of any Pledgor’s books, records, credit information, reports, memoranda and all other writings relating to the Receivables to and for the
use by any person that has acquired or is contemplating acquisition of an interest in the Receivables or the Collateral Agent’s security interest therein without the consent of any Pledgor. 

SECTION 7.2. Legend. Each Pledgor shall after the occurrence and during the continuance of an Event of Default legend, at the
request of the Collateral Agent and in form and manner reasonably satisfactory to the Collateral Agent, the Receivables and the other books, records and documents of such Pledgor evidencing or pertaining to the Receivables with an appropriate
reference to the fact that the Receivables have been assigned to the Collateral Agent for the benefit of the Secured Parties and that the Collateral Agent has a security interest therein. 

SECTION 7.3. Modification of Terms, etc. After the occurrence and during the continuance of an Event of Default, no Pledgor shall
rescind or cancel any obligations evidenced by any Receivable or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such
obligations except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto except in the ordinary course of business consistent with prudent
business practice without the prior written consent of the Collateral Agent. 
 ARTICLE VIII 

TRANSFERS 

SECTION 8.1. Transfers of Pledged Collateral. No Pledgor shall sell, convey, assign or otherwise dispose of, or grant any option
with respect to, any of the Pledged Collateral pledged by it hereunder except as expressly permitted by the Credit Agreement. 

  
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 ARTICLE IX 
 REMEDIES 
 SECTION 9.1. Remedies. Upon the occurrence and during the
continuance of any Event of Default, the Collateral Agent may from time to time exercise in respect of the Pledged Collateral, in addition to the other rights and remedies provided for herein or otherwise available to it, the following remedies:

 (i) Personally, or by agents or attorneys, immediately take possession of the Pledged Collateral or any part
thereof, from any Pledgor or any other person who then has possession of any part thereof with or without notice or process of law, and for that purpose may enter upon any Pledgor’s premises where any of the Pledged Collateral is located,
remove such Pledged Collateral, remain present at such premises to receive copies of all communications and remittances relating to the Pledged Collateral and use in connection with such removal and possession any and all services, supplies, aids
and other facilities of any Pledgor; 
 (ii) Demand, sue for, collect or receive any money or property at any
time payable or receivable in respect of the Pledged Collateral including instructing the obligor or obligors on any agreement, instrument or other obligation constituting part of the Pledged Collateral to make any payment required by the terms of
such agreement, instrument or other obligation directly to the Collateral Agent, and in connection with any of the foregoing, compromise, settle, extend the time for payment and make other modifications with respect thereto; provided,
however, that in the event that any such payments are made directly to any Pledgor, prior to receipt by any such obligor of such instruction, such Pledgor shall segregate all amounts received pursuant thereto in trust for the benefit of the
Collateral Agent and shall promptly (but in no event later than one (1) Business Day after receipt thereof) pay such amounts to the Collateral Agent, in each case to the extent requested by the Collateral Agent following the occurrence of such
Event of Default; 
 (iii) Sell, assign, grant a license to use or otherwise liquidate, or direct any Pledgor to
sell, assign, grant a license to use or otherwise liquidate, any and all investments made in whole or in part with the Pledged Collateral or any part thereof, and take possession of the proceeds of any such sale, assignment, license or liquidation;

 (iv) Take possession of the Pledged Collateral or any part thereof, by directing any Pledgor in writing to
deliver the same to the Collateral Agent at any place or places so designated by the Collateral Agent, in which event such Pledgor shall at its own expense: (A) forthwith cause the same to be moved to the place or places designated by the
Collateral Agent and therewith delivered to the Collateral Agent, (B) store and keep any Pledged Collateral so delivered to the Collateral Agent at such place or places pending further action by the Collateral Agent and (C) while the
Pledged Collateral shall be so stored and kept, provide such security and maintenance services as shall be necessary to protect the same and to preserve and maintain them in good condition. Each Pledgor’s obligation to deliver the Pledged
Collateral as contemplated in this Section 9.1(iv) is of the essence hereof. Upon application to a court of equity having jurisdiction, the Collateral Agent shall be entitled to a decree requiring specific performance by any Pledgor of
such obligation; 
 (v) Withdraw all moneys, instruments, securities and other property in any bank, financial
securities, deposit or other account of any Pledgor constituting Pledged Collateral for application to the Secured Obligations as provided in Article X hereof; 

(vi) Retain and apply the Distributions to the Secured Obligations as provided in Article X hereof;

  
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 (vii) Exercise any and all rights as beneficial and legal owner of the
Pledged Collateral, including perfecting assignment of and exercising any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and 

(viii) Exercise all the rights and remedies of a secured party on default under the UCC, and the Collateral Agent may also
in its sole discretion, without notice except as specified in Section 9.2 hereof, sell, assign or grant a license to use the Pledged Collateral or any part thereof in one or more parcels at public or private sale, at any exchange,
broker’s board or at any of the Collateral Agent’s offices or elsewhere, for cash, on credit or for future delivery, and at such price or prices and upon such other terms as the Collateral Agent may deem commercially reasonable. The
Collateral Agent or any other Secured Party or any of their respective Affiliates may be the purchaser, licensee, assignee or recipient of the Pledged Collateral or any part thereof at any such sale and shall be entitled, for the purpose of bidding
and making settlement or payment of the purchase price for all or any portion of the Pledged Collateral sold, assigned or licensed at such sale, to use and apply any of the Secured Obligations owed to such person as a credit on account of the
purchase price of the Pledged Collateral or any part thereof payable by such person at such sale. Each purchaser, assignee, licensee or recipient at any such sale shall acquire the property sold, assigned or licensed absolutely free from any claim
or right on the part of any Pledgor, and each Pledgor hereby waives, to the fullest extent permitted by law, all rights of redemption, stay and/or appraisal which it now has or may at any time in the future have under any rule of law or statute now
existing or hereafter enacted. The Collateral Agent shall not be obligated to make any sale of the Pledged Collateral or any part thereof regardless of notice of sale having been given. The Collateral Agent may adjourn any public or private sale
from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. Each Pledgor hereby waives, to the fullest extent permitted by law, any
claims against the Collateral Agent arising by reason of the fact that the price at which the Pledged Collateral or any part thereof may have been sold, assigned or licensed at such a private sale was less than the price which might have been
obtained at a public sale, even if the Collateral Agent accepts the first offer received and does not offer such Pledged Collateral to more than one offeree. 
 SECTION 9.2. Notice of Sale. Each Pledgor acknowledges and agrees that, to the extent notice of sale or other disposition of the Pledged Collateral or any part thereof shall be required by law, ten
(10) days’ prior notice to such Pledgor of the time and place of any public sale or of the time after which any private sale or other intended disposition is to take place shall be commercially reasonable notification of such matters. No
notification need be given to any Pledgor if it has signed, after the occurrence of an Event of Default, a statement renouncing or modifying any right to notification of sale or other intended disposition. 

SECTION 9.3. Waiver of Notice and Claims. Each Pledgor hereby waives, to the fullest extent permitted by applicable law and except
for any notice expressly required by the terms of this Agreement or any other Loan Document, notice or judicial hearing in connection with the Collateral Agent’s taking possession or the Collateral Agent’s disposition of the Pledged
Collateral or any part thereof, including any and all prior notice and hearing for any prejudgment remedy or remedies and any such right which such Pledgor would otherwise have under law, and each Pledgor hereby further waives, to the fullest extent
permitted by applicable law: (i) except to the extent caused by the Collateral Agent’s gross negligence or willful misconduct, all damages occasioned by such taking of possession, (ii) all other requirements as to the time, place and
terms of sale or other requirements with respect to the enforcement of the Collateral Agent’s rights hereunder and (iii) all rights of redemption, appraisal, valuation, stay, extension or moratorium now or hereafter in force under any
applicable law. The Collateral Agent shall not be liable for any incorrect or improper payment made pursuant to this Article IX in the absence of gross negligence or willful misconduct on the part of the Collateral Agent. Any sale of, or
the grant of options to purchase, or any other realization upon, any Pledged Collateral shall operate to divest all right, title, interest, claim and demand, either at law or in equity, of the applicable Pledgor therein and thereto, and shall be a
perpetual bar both at law and in equity against such Pledgor and against any and all persons claiming or attempting to claim the Pledged Collateral so sold, optioned or realized upon, or any part thereof, from, through or under such Pledgor.

  
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 SECTION 9.4. Certain Sales of Pledged Collateral. 

(a) Each Pledgor recognizes that, by reason of certain prohibitions contained in law, rules, regulations or orders of any Governmental
Authority, the Collateral Agent may be compelled, with respect to any sale of all or any part of the Pledged Collateral, to limit purchasers to those who meet the requirements of such Governmental Authority. Each Pledgor acknowledges that any such
sales may be at prices and on terms less favorable to the Collateral Agent than those obtainable through a public sale without such restrictions, and, notwithstanding such circumstances, agrees that any such restricted sale shall be deemed to have
been made in a commercially reasonable manner and that, except as may be required by applicable law, the Collateral Agent shall have no obligation to engage in public sales. 
 (b) Each Pledgor recognizes that, by reason of certain prohibitions contained in the Securities Act, and applicable state securities laws, the Collateral Agent may be compelled, with respect to any sale
of all or any part of the Securities Collateral and Investment Property, to limit purchasers to persons who will agree, among other things, to acquire such Securities Collateral or Investment Property for their own account, for investment and not
with a view to the distribution or resale thereof. Each Pledgor acknowledges that any such private sales may be at prices and on terms less favorable to the Collateral Agent than those obtainable through a public sale without such restrictions
(including a public offering made pursuant to a registration statement under the Securities Act), and, notwithstanding such circumstances, agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner and
that the Collateral Agent shall have no obligation to engage in public sales and no obligation to delay the sale of any Securities Collateral or Investment Property for the period of time necessary to permit the issuer thereof to register it for a
form of public sale requiring registration under the Securities Act or under applicable state securities laws, even if such issuer would agree to do so. 
 (c) If an Event of Default has occurred and is continuing and the Collateral Agent determines to exercise its right to sell any or all of the Securities Collateral or Investment Property, upon written
request, the applicable Pledgor shall from time to time furnish to the Collateral Agent all such information as the Collateral Agent may request in order to determine the number of securities included in the Securities Collateral or Investment
Property which may be sold by the Collateral Agent as exempt transactions under the Securities Act and the rules of the Securities and Exchange Commission thereunder, as the same are from time to time in effect. 

(d) Each Pledgor further agrees that a breach of any of the covenants contained in this Section 9.4 will cause irreparable
injury to the Collateral Agent and the other Secured Parties, that the Collateral Agent and the other Secured Parties have no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant contained in this
Section 9.4 shall be specifically enforceable against such Pledgor, and such Pledgor hereby waives and agrees not to assert any defenses against an action for specific performance of such covenants except for a defense that no Event of
Default has occurred and is continuing. 
 SECTION 9.5. No Waiver; Cumulative Remedies. 

(a) No failure on the part of the Collateral Agent to exercise, no course of dealing with respect to, and no delay on the part of the
Collateral Agent in exercising, any right, power or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any such right, power, privilege or remedy hereunder preclude any other or further exercise thereof
or the exercise of any other right, power, privilege or remedy; nor shall the Collateral Agent be required to look first to, enforce or exhaust any other security, collateral or guaranties. All rights and remedies herein provided are cumulative and
are not exclusive of any rights or remedies provided by law or otherwise available. 
 (b) In the event that the Collateral
Agent shall have instituted any proceeding to enforce any right, power, privilege or remedy under this Agreement or any other Loan Document by foreclosure, sale, entry or otherwise, and such proceeding shall have been discontinued or abandoned for
any reason or shall have been determined adversely to the Collateral Agent, then and in every such case, the Pledgors, the Collateral Agent and each other Secured Party shall be restored to their respective former positions and rights hereunder with
respect to the Pledged Collateral, and all rights, remedies, privileges and powers of the Collateral Agent and the other Secured Parties shall continue as if no such proceeding had been instituted. 

  
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 SECTION 9.6. Certain Additional Actions Regarding Intellectual Property. If any Event
of Default shall have occurred and be continuing, (a) upon the written demand of the Collateral Agent, each Pledgor shall execute and deliver to the Collateral Agent an assignment or assignments of the issued or registered and pending Patents,
Trademarks and/or Copyrights and associated Goodwill owned by such Pledgor and such other documents as are necessary or appropriate to carry out the intent and purposes hereof and (b) within five (5) Business Days of written notice
thereafter from the Collateral Agent, each Pledgor shall make available to the Collateral Agent, to the extent within such Pledgor’s power and authority, such personnel in such Pledgor’s employ on the date of the Event of Default as the
Collateral Agent may reasonably designate to permit such Pledgor to continue, directly or indirectly, to produce, advertise and sell the products and services sold by such Pledgor under the issued or registered and pending Patents, Trademarks and/or
Copyrights, and such persons shall be available to perform their prior functions on the Collateral Agent’s behalf. 

ARTICLE X 

APPLICATION OF PROCEEDS 
 SECTION 10.1. Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral
pursuant to the exercise by the Collateral Agent of its remedies shall be applied, together with any other sums then held by the Collateral Agent pursuant to this Agreement, in accordance with the Credit Agreement. 

ARTICLE XI 

MISCELLANEOUS 

SECTION 11.1. Concerning Collateral Agent. 
 (a) The Collateral Agent has been appointed as collateral agent pursuant to the Credit Agreement. The actions of the Collateral Agent hereunder are subject to the provisions of the Credit Agreement. The
Collateral Agent shall have the right hereunder to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking action (including the release or substitution of the Pledged Collateral), in
accordance with this Agreement and the Credit Agreement. The Collateral Agent may employ agents and attorneys-in-fact in connection herewith and shall not be liable for the negligence or misconduct of any such agents or attorneys-in-fact selected by
it in good faith. The Collateral Agent may resign and a successor Collateral Agent may be appointed in the manner provided in the Credit Agreement. Upon the acceptance of any appointment as the Collateral Agent by a successor Collateral Agent, that
successor Collateral Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Collateral Agent under this Agreement, and the retiring Collateral Agent shall thereupon be discharged from
its duties and obligations under this Agreement. After any retiring Collateral Agent’s resignation, the provisions hereof shall inure to its benefit as to any actions taken or omitted to be taken by it under this Agreement while it was the
Collateral Agent. 
 (b) The Collateral Agent shall be deemed to have exercised reasonable care in the custody and preservation
of the Pledged Collateral in its possession if such Pledged Collateral is accorded treatment substantially equivalent to that which the Collateral Agent, in its individual capacity, accords its own property consisting of similar instruments or
interests, it being understood that neither the Collateral Agent nor any of the Secured Parties shall have responsibility for (i) ascertaining or taking action with respect to calls, conversions, exchanges, maturities, tenders or other matters
relating to any Securities Collateral, whether or not the Collateral Agent or any other Secured Party has or is deemed to have knowledge of such matters or (ii) taking any necessary steps to preserve rights against any person with respect to
any Pledged Collateral. 

  
 -20-

 (c) The Collateral Agent shall be entitled to rely upon any written notice, statement,
certificate, order or other document or any telephone message reasonably believed by it to be genuine and correct and to have been signed, sent or made by the proper person, and, with respect to all matters pertaining to this Agreement and its
duties hereunder, upon advice of counsel selected by it. 
 (d) If any item of Pledged Collateral also constitutes collateral
granted to the Collateral Agent under any other deed of trust, mortgage, security agreement, pledge or instrument of any type, in the event of any conflict between the provisions hereof and the provisions of such other deed of trust, mortgage,
security agreement, pledge or instrument of any type in respect of such collateral, the Collateral Agent, in its sole discretion, shall select which provision or provisions shall control. 

(e) The Collateral Agent may rely on advice of counsel as to whether any or all UCC financing statements of the Pledgors need to be
amended as a result of any of the changes described in Section 8.11 of the Credit Agreement. If any Pledgor fails to provide information to the Collateral Agent about such changes on a timely basis, the Collateral Agent shall not be
liable or responsible to any party for any failure to maintain a perfected security interest in such Pledgor’s property constituting Pledged Collateral, for which the Collateral Agent needed to have information relating to such changes. The
Collateral Agent shall have no duty to inquire about such changes if any Pledgor does not inform the Collateral Agent of such changes, the parties acknowledging and agreeing that it would not be feasible or practical for the Collateral Agent to
search for information on such changes if such information is not provided by any Pledgor. 
 SECTION 11.2. Collateral Agent
May Perform; Collateral Agent Appointed Attorney-in-Fact. If any Pledgor shall fail to perform any covenants contained in this Agreement or if any representation or warranty on the part of any Pledgor contained herein shall be breached and an
Event of Default has occurred and is continuing, the Collateral Agent may (but shall not be obligated to) do the same or cause it to be done or remedy any such breach, and may expend funds for such purpose; provided, however, that the
Collateral Agent shall in no event be bound to inquire into the validity of any tax, Lien, imposition or other obligation which such Pledgor fails to pay or perform as and when required hereby and which such Pledgor does not contest in accordance
with the provisions of the Credit Agreement. Any and all amounts so expended by the Collateral Agent shall be paid by the Pledgors in accordance with the provisions of Section 12.03 of the Credit Agreement. Neither the provisions of this
Section 11.2 nor any action taken by the Collateral Agent pursuant to the provisions of this Section 11.2 shall prevent any such failure to observe any covenant contained in this Agreement nor any breach of representation or
warranty from constituting an Event of Default. Each Pledgor hereby appoints the Collateral Agent its attorney-in-fact effective upon the occurrence and during the continuance of an Event of Default, with full power and authority in the place and
stead of such Pledgor and in the name of such Pledgor, or otherwise, from time to time in the Collateral Agent’s discretion to take any action and to execute any instrument consistent with the terms of the Credit Agreement, this Agreement and
the other Security Instruments which the Collateral Agent may deem necessary or advisable to accomplish the purposes hereof (but the Collateral Agent shall not be obligated to and shall have no liability to such Pledgor or any third party for
failure to so do or take action). The foregoing grant of authority is a power of attorney coupled with an interest and such appointment shall be irrevocable for the term hereof. Each Pledgor hereby ratifies all that such attorney shall lawfully do
or cause to be done by virtue hereof. 
 SECTION 11.3. Continuing Security Interest; Assignment. This Agreement
shall create a continuing security interest in the Pledged Collateral and shall (i) be binding upon the Pledgors, their respective successors and assigns and (ii) inure, together with the rights and remedies of the Collateral Agent
hereunder, to the benefit of the Collateral Agent and the other Secured Parties and each of their respective successors, transferees and assigns. No other persons (including any other creditor of any Pledgor) shall have any interest herein or any
right or benefit with respect hereto. Without limiting the generality of the foregoing clause (ii), any Secured Party may assign or otherwise transfer any indebtedness held by it secured by this Agreement to any other person, and such other
person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party, herein 

  
 -21-

 
or otherwise, subject however, to the provisions of the Credit Agreement and, in the case of a Secured Party that is a party to a Hedging Agreement or a Treasury Services Agreement, such Hedging
Agreement or Treasury Services Agreement. Each of the Pledgors agrees that its obligations hereunder and the security interest created hereunder shall continue to be effective or be reinstated, as applicable, if at any time payment, or any part
thereof, of all or any part of the Secured Obligations is rescinded or must otherwise be restored by the Secured Party upon the bankruptcy or reorganization of any Pledgor or otherwise. 

SECTION 11.4. Termination; Release. (a) When all the Secured Obligations have been paid in full (other than indemnity or
other contingent obligations for which no claim has been made) and the Commitments of the Lenders to make any Loan or to issue any Letter of Credit under the Credit Agreement shall have expired or been sooner terminated and all Letters of Credit
have been terminated or cash collateralized in accordance with the provisions of the Credit Agreement, this Agreement shall terminate. Upon termination of this Agreement the Pledged Collateral shall be released from the Lien of this Agreement. Upon
such release or any release of Pledged Collateral or any part thereof in accordance with the provisions of the Credit Agreement, the Collateral Agent shall, upon the request and at the sole cost and expense of the Pledgors, assign, transfer and
deliver to Pledgor, against receipt and without recourse to or warranty by the Collateral Agent except as to the fact that the Collateral Agent has not encumbered the released assets, such of the Pledged Collateral or any part thereof to be released
(in the case of a release) as may be in possession of the Collateral Agent and as shall not have been sold or otherwise applied pursuant to the terms hereof, and, with respect to any other Pledged Collateral, proper documents and instruments
(including UCC-3 termination financing statements or releases and United States Patent and Trademark Office and U.S. Copyright Office releases and notices, as the case may be) acknowledging the termination hereof or the release of such Pledged
Collateral, as the case may be. 
 (b) Notwithstanding the foregoing, if (i) the Obligations have been paid in full and the
Commitments of the Lenders to make any Loan or to issue any Letter of Credit under the Credit Agreement shall have expired or been sooner terminated and all Letters of Credit have been terminated or cash collateralized in accordance with the
provisions of the Credit Agreement, (ii) Secured Obligations of the type described in clause (b) and/or (c) of the definition of Secured Obligations (“Remaining Secured Obligations”) remain outstanding and
(iii) all or a portion of the repayment of the Obligations is financed by the proceeds of Indebtedness of one or more Loan Parties or any affiliate of a Loan Party (“Refinancing Indebtedness”) which Refinancing Indebtedness is
secured by property of such persons, this Agreement shall terminate as if the Remaining Secured Obligations have been paid in full and the provisions of paragraph (a) of this Section 11.4 shall apply concurrently with the incurrence
of the Refinancing Indebtedness and the securing of the Refinancing Indebtedness and the Remaining Secured Obligations on an equal and ratable basis. For the avoidance of doubt, if the Refinancing Indebtedness is not secured, this Agreement shall
not terminate but shall remain in full force and effect. 
 SECTION 11.5. Modification in Writing. No amendment,
modification, supplement, termination or waiver of or to any provision hereof, nor consent to any departure by any Pledgor therefrom, shall be effective unless the same shall be made in accordance with the terms of the Credit Agreement and unless in
writing and signed by the Collateral Agent. Any amendment, modification or supplement of or to any provision hereof, any waiver of any provision hereof and any consent to any departure by any Pledgor from the terms of any provision hereof in each
case shall be effective only in the specific instance and for the specific purpose for which made or given. Except where notice is specifically required by this Agreement or any other document evidencing the Secured Obligations, no notice to or
demand on any Pledgor in any case shall entitle any Pledgor to any other or further notice or demand in similar or other circumstances. 
 SECTION 11.6. Notices. Unless otherwise provided herein or in the Credit Agreement, any notice or other communication herein required or permitted to be given shall be given in the manner and
become effective as set forth in the Credit Agreement, as to any Pledgor, addressed to it at the address of the Parent Borrower set forth in the Credit Agreement and as to the Collateral Agent, addressed to it at the address set forth in the Credit
Agreement, or in each case at such other address as shall be designated by such party in a written notice to the other party complying as to delivery with the terms of this Section 11.6. 

  
 -22-

 SECTION 11.7. Governing Law, Consent to Jurisdiction and Service of Process; Waiver of
Jury Trial. Section 12.13 of the Credit Agreement is incorporated herein, mutatis mutandis, as if a part hereof. 
 SECTION 11.8. Severability of Provisions. Any provision hereof which is invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such
invalidity, illegality or unenforceability without invalidating the remaining provisions hereof or affecting the validity, legality or enforceability of such provision in any other jurisdiction. 

SECTION 11.9. Execution in Counterparts. This Agreement and any amendments, waivers, consents or supplements hereto may be
executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original, but all such counterparts together shall constitute one and the same
agreement. Delivery of any executed counterpart of a signature page of this Agreement by facsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart of this Agreement. 

SECTION 11.10. Business Days. In the event any time period or any date provided in this Agreement ends or falls on a day other
than a Business Day, then such time period shall be deemed to end and such date shall be deemed to fall on the next succeeding Business Day, and performance herein may be made on such Business Day, with the same force and effect as if made on such
other day. 
 SECTION 11.11. No Credit for Payment of Taxes or Imposition. Such Pledgor shall not be entitled to any
credit against the principal, premium, if any, or interest payable under the Credit Agreement, and such Pledgor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the
payment of any Tax on the Pledged Collateral or any part thereof. 
 SECTION 11.12. No Claims Against Collateral Agent.
Nothing contained in this Agreement shall constitute any consent or request by the Collateral Agent, express or implied, for the performance of any labor or services or the furnishing of any materials or other property in respect of the Pledged
Collateral or any part thereof, nor as giving any Pledgor any right, power or authority to contract for or permit the performance of any labor or services or the furnishing of any materials or other property in such fashion as would permit the
making of any claim against the Collateral Agent in respect thereof or any claim that any Lien based on the performance of such labor or services or the furnishing of any such materials or other property is prior to the Lien hereof. 

SECTION 11.13. No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Collateral
Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Pledged
Collateral or from any liability to any person under or in respect of any of the Pledged Collateral or shall impose any obligation on the Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or
agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any
representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Pledged Collateral or made in connection herewith or therewith. Anything herein to
the contrary notwithstanding, neither the Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Pledged Collateral by reason of this Agreement, nor
shall the Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the
Pledged Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and
the other Loan Documents. 

  
 -23-

 SECTION 11.14. Obligations Absolute. All obligations of each Pledgor hereunder shall
be absolute and unconditional irrespective of: 
 (i) any bankruptcy, insolvency, reorganization, arrangement,
readjustment, composition, liquidation or the like of any other Pledgor; 
 (ii) any lack of validity or
enforceability of the Credit Agreement, any Hedging Agreement, any Treasury Services Agreement or any other Loan Document, or any other agreement or instrument relating thereto; 

(iii) any change in the time, manner or place of payment of, or in any other term of, all or any of the Secured
Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, any Hedging Agreement, any Treasury Services Agreement or any other Loan Document or any other agreement or instrument relating thereto;

 (iv) any pledge, exchange, release or non-perfection of any other collateral, or any release or amendment or
waiver of or consent to any departure from any guarantee, for all or any of the Secured Obligations; 
 (v) any
exercise, non-exercise or waiver of any right, remedy, power or privilege under or in respect hereof, the Credit Agreement, any Hedging Agreement, any Treasury Services Agreement or any other Loan Document except as specifically set forth in a
waiver granted pursuant to the provisions of Section 11.5 hereof; or 
 (vi) any other circumstances
which might otherwise constitute a defense available to, or a discharge of, any Pledgor. 
 [REMAINDER OF THIS PAGE INTENTIONALLY
LEFT BLANK.] 

  
 -24-

 IN WITNESS WHEREOF, each Pledgor and the Collateral Agent have caused this Agreement to be
duly executed and delivered by their duly authorized officers as of the date first above written. 
  

					
	NPC INTERNATIONAL, INC.
		
	By:	 	/s/ Troy D. Cook
		 	Name:	 	Troy D. Cook
		 	Title:	 	 Executive Vice President-Finance,
 Chief Financial Officer and Secretary

	
	NPC ACQUISITION HOLDINGS, LLC
		
	By:	 	/s/ Troy D. Cook
		 	Name:	 	Troy D. Cook
		 	Title:	 	 Executive Vice President-Finance,
 Chief Financial Officer and Secretary

	
	NPC OPERATING COMPANY A, INC.
		
	By:	 	/s/ Troy D. Cook
		 	Name:	 	Troy D. Cook
		 	Title:	 	Vice President, Treasurer & Secretary
	
	NPC OPERATING COMPANY B, INC.
		
	By:	 	/s/ Troy D. Cook
		 	Name:	 	Troy D. Cook
		 	Title:	 	Vice President, Treasurer & Secretary

  
 S-1

 
					
	 BARCLAYS BANK PLC,

as Collateral Agent

		
	By:	 	/s/ Diane Rolfe
		 	Name:	 	Diane Rolfe
		 	Title:	 	Director

  
 S-2

 EXHIBIT 1 
 [Form of] 
 ISSUER’S ACKNOWLEDGMENT 

The undersigned hereby (i) acknowledges receipt of the Security Agreement (as amended, amended and restated, supplemented or
otherwise modified from time to time, the “Security Agreement;” capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement), dated as of December 28, 2011,
made by NPC INTERNATIONAL, INC., a Kansas corporation (the “Parent Borrower”), the other Pledgors party thereto and BARCLAYS BANK PLC, as collateral agent (in such capacity and together with any successors in such capacity, the
“Collateral Agent”), (ii) agrees promptly to note on its books the security interests granted to the Collateral Agent and confirmed under the Security Agreement, (iii) agrees that it will comply with instructions of the
Collateral Agent with respect to the applicable Securities Collateral (including all Equity Interests of the undersigned) without further consent by the applicable Pledgor, (iv) agrees to notify the Collateral Agent upon obtaining knowledge of
any interest in favor of any person in the applicable Securities Collateral that is adverse to the interest of the Collateral Agent therein and (v) waives any right or requirement at any time hereafter to receive a copy of the Security
Agreement in connection with the registration of any Securities Collateral thereunder in the name of the Collateral Agent or its nominee or the exercise of voting rights by the Collateral Agent or its nominee. 

 

			
	[                            
         ]
		
	By:	 	 
		 	Name:
		 	Title:

 EXHIBIT 2 
 [Form of] 
 SECURITIES PLEDGE AMENDMENT 

This Securities Pledge Amendment, dated as of [            ], is delivered
pursuant to Section 5.1 of the Security Agreement (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Security Agreement;” capitalized terms used but not otherwise defined herein
shall have the meanings assigned to such terms in the Security Agreement), dated as of December 28, 2011, made by NPC INTERNATIONAL, INC., a Kansas corporation (the “Parent Borrower”), the other Pledgors party thereto and
BARCLAYS BANK PLC, as collateral agent (in such capacity and together with any successors in such capacity, the “Collateral Agent”). The undersigned hereby agrees that this Securities Pledge Amendment may be attached to the Security
Agreement and that the Pledged Securities and/or Intercompany Notes listed on this Securities Pledge Amendment shall be deemed to be and shall become part of the Pledged Collateral and shall secure all Secured Obligations. 

PLEDGED SECURITIES 
  

											
	 ISSUER
	  	 CLASS
OF STOCK
OR
INTERESTS
	  	 PAR
VALUE
	  	 CERTIFICATE
NO(S).
	  	 NUMBER OF
SHARES
OR
INTERESTS
	  	 PERCENTAGE OF
ALL ISSUED CAPITAL
OR OTHER
CAPITAL
SECURITIES OF ISSUER

 INTERCOMPANY NOTES 

 

									
	 ISSUER
	  	 PRINCIPAL
AMOUNT
	  	 DATE OF
ISSUANCE
	  	 INTEREST
RATE
	  	 MATURITY
DATE

					
		  		  		  		  	

  

			
	
[                         
   ],
 as Pledgor

		
	By:	 	 
		 	 Name:

Title:

  

			
	AGREED TO AND ACCEPTED:
	
	BARCLAYS BANK PLC,
	as Collateral Agent
		
	By:	 	 
		 	Name:
		 	Title:

  
 -2-

 EXHIBIT 3 
 [Form of] 
 JOINDER AGREEMENT 

[Name of New Pledgor] 
 [Address of New Pledgor] 
 [Date] 

 
  

 
  

 
  

 
  
 Ladies and Gentlemen: 
 Reference is made to the Security Agreement (as amended,
amended and restated, supplemented or otherwise modified from time to time, the “Security Agreement;” capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement),
dated as of December 28, 2011, made NPC INTERNATIONAL, INC., a Kansas corporation (the “Parent Borrower”), the other Pledgors party thereto and BARCLAYS BANK PLC, as collateral agent (in such capacity and together with any
successors in such capacity, the “Collateral Agent”). 
 This Joinder Agreement supplements the Security
Agreement and is delivered by the undersigned, [            ] (the “New Pledgor”), pursuant to Section 3.5 of the Security Agreement. The New Pledgor hereby
agrees to be bound as a Guarantor and as a Pledgor party to the Security Agreement by all of the terms, covenants and conditions set forth in the Security Agreement to the same extent that it would have been bound if it had been a signatory to the
Security Agreement on the date of the Security Agreement. The New Pledgor also hereby agrees to be bound as a party by all of the terms, covenants and conditions applicable to it set forth in Articles VIII, IX and XIII of the
Credit Agreement to the same extent that it would have been bound if it had been a signatory to the Credit Agreement on the execution date of the Credit Agreement. Without limiting the generality of the foregoing, the New Pledgor hereby grants and
pledges to the Collateral Agent, as collateral security for the full, prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations, a Lien on and security interest in, all
of its right, title and interest in, to and under the Pledged Collateral and expressly assumes all obligations and liabilities of a Guarantor and Pledgor under the Security Agreement. The New Pledgor hereby makes each of the representations and
warranties applicable to the Pledgors contained in the Security Agreement and Article VII of the Credit Agreement (other than those only made on prior dates). 
 Annexed hereto are supplements to each of the schedules to the Security Agreement and the Credit Agreement, as applicable, with respect to the New Pledgor. Such supplements shall be deemed to be part of
the Security Agreement or the Credit Agreement, as applicable. 

 This Joinder Agreement and any amendments, waivers, consents or supplements hereto may be
executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original, but all such counterparts together shall constitute one and the same
agreement. 
 THIS JOINDER AGREEMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAW OF
THE STATE OF NEW YORK. 

  
 -2-

 IN WITNESS WHEREOF, the New Pledgor has caused this Joinder Agreement to be executed and
delivered by its duly authorized officer as of the date first above written. 
  

			
	[NEW PLEDGOR]
		
	By:	 	 
		 	Name:
		 	Title:

 AGREED TO AND ACCEPTED: 
  

			
	 BARCLAYS BANK PLC,

as Collateral Agent

		
	By:	 	 
		 	Name:
		 	Title:

 [Schedules to be attached] 

  
 -3-

 EXHIBIT 4 
 [Form of] 
 Copyright Security Agreement 

Copyright Security Agreement, dated as of [            ], 2011 by
[            ] and [            ] (individually, a “Pledgor”, and, collectively, the
“Pledgors”), in favor of BARCLAYS BANK PLC, in its capacity as collateral agent pursuant to the Credit Agreement (in such capacity, the “Collateral Agent”). 

W I T N
E S S E T H: 

WHEREAS, the Pledgors are party to a Security Agreement, dated December 28, 2011 (as amended, amended and restated,
supplemented or otherwise modified from time to time, the “Security Agreement”), in favor of the Collateral Agent pursuant to which the Pledgors are required to execute and deliver this Copyright Security Agreement; 

NOW, THEREFORE, in consideration of the premises and to induce the Collateral Agent, for the benefit of the
Secured Parties, to enter into the Credit Agreement, the Pledgors hereby agree with the Collateral Agent as follows: 
 SECTION
1. Defined Terms. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the meaning given to them in the Security Agreement. 
 SECTION 2. Grant of Security Interest in Copyright Collateral. Each Pledgor hereby pledges and grants to the Collateral Agent for the benefit of the Secured Parties a lien on and security interest
in and to all of its right, title and interest in, to and under all the following Pledged Collateral of such Pledgor: 
 (a) Copyrights of such Pledgor listed on Schedule I attached hereto; and 
 (b) all Proceeds of any and all of the foregoing (other than Excluded Property). 

SECTION 3. Security Agreement. The security interest granted pursuant to this Copyright Security Agreement is granted in
conjunction with the security interest granted to the Collateral Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to the security interest in the
Copyrights made and granted hereby are more fully set forth in the Security Agreement. In the event that any provision of this Copyright Security Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement
shall control unless the Collateral Agent shall otherwise determine. 
 SECTION 4. Termination. Upon the payment in full
of the Secured Obligations and termination of the Security Agreement, the Collateral Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing in recordable form releasing the collateral pledge, grant, assignment, lien
and security interest in the Copyrights under this Copyright Security Agreement. 
 SECTION 5. Recordation. Each Pledgor
authorizes and requests that the Register of Copyrights and any other applicable government officer record this Copyright Security Agreement. 

 SECTION 6. Counterparts. This Copyright Security Agreement may be executed in any
number of counterparts, all of which shall constitute one and the same instrument, and any party hereto may execute this Copyright Security Agreement by signing and delivering one or more counterparts. 

SECTION 7. Governing Law. This Copyright Security Agreement and the transactions contemplated hereby, and all disputes between the
parties under or relating to this Copyright Security Agreement or the facts or circumstances leading to its execution, whether in contract, tort or otherwise, shall be construed in accordance with and governed by the laws (including statutes of
limitation) of the State of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction. 
 [signature page follows] 

  
 -2-

 IN WITNESS WHEREOF, each Pledgor has caused
this Copyright Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above. 
  

			
	Very truly yours,
	
	[PLEDGORS]
		
	 By:
	 	 
		 	Name:
		 	Title:

  

			
	Accepted and Agreed:
	
	BARCLAYS BANK PLC,
as Collateral Agent
		
	 By:
	 	 
		 	Name:
		 	Title:

  
 -3-

 SCHEDULE I 
 to 
 COPYRIGHT SECURITY AGREEMENT  

COPYRIGHT REGISTRATIONS AND COPYRIGHT APPLICATIONS 
 Copyright Registrations: 
  

					
	 OWNER
	  	REGISTRATION
NUMBER	  	TITLE

 Copyright Applications: 
  

			
	 OWNER
	  	TITLE
		  	

  
 -4-

 EXHIBIT 5 
 [Form of] 
 Patent Security Agreement 

Patent Security Agreement, dated as of [            ], 2011 by
[            ] and [            ] (individually, a “Pledgor”, and, collectively, the
“Pledgors”), in favor of BARCLAYS BANK PLC, in its capacity as collateral agent pursuant to the Credit Agreement (in such capacity, the “Collateral Agent”). 

W I T N
E S S E T H: 

WHEREAS, the Pledgors are party to a Security Agreement, dated December 28, 2011 (as amended, amended and restated, supplemented or
otherwise modified from time to time, the “Security Agreement”), in favor of the Collateral Agent pursuant to which the Pledgors are required to execute and deliver this Patent Security Agreement; 

NOW, THEREFORE, in consideration of the premises and to induce the Collateral Agent, for the benefit of the
Secured Parties, to enter into the Credit Agreement, the Pledgors hereby agree with the Collateral Agent as follows: 
 SECTION
1. Defined Terms. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the meaning given to them in the Security Agreement. 
 SECTION 2. Grant of Security Interest in Patent Collateral. Each Pledgor hereby pledges and grants to the Collateral Agent for the benefit of the Secured Parties a lien on and security interest in
and to all of its right, title and interest in, to and under all the following Pledged Collateral of such Pledgor: 
 (a) Patents of such Pledgor listed on Schedule I attached hereto; and 
 (b) all Proceeds of any and all of the foregoing (other than Excluded Property). 

SECTION 3. Security Agreement. The security interest granted pursuant to this Patent Security Agreement is granted in conjunction
with the security interest granted to the Collateral Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to the security interest in the Patents made
and granted hereby are more fully set forth in the Security Agreement. In the event that any provision of this Patent Security Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control unless
the Collateral Agent shall otherwise determine. 
 SECTION 4. Termination. Upon the payment in full of the Secured
Obligations and termination of the Security Agreement, the Collateral Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing in recordable form releasing the collateral pledge, grant, assignment, lien and security
interest in the Patents under this Patent Security Agreement. 
 SECTION 5. Recordation. Each Pledgor authorizes and
requests that the Commissioner for Patents and any other applicable government officer record this Patent Security Agreement. 

 SECTION 6. Counterparts. This Patent Security Agreement may be executed in any number
of counterparts, all of which shall constitute one and the same instrument, and any party hereto may execute this Patent Security Agreement by signing and delivering one or more counterparts. 

SECTION 7. Governing Law. This Patent Security Agreement and the transactions contemplated hereby, and all disputes between the
parties under or relating to this Patent Security Agreement or the facts or circumstances leading to its execution, whether in contract, tort or otherwise, shall be construed in accordance with and governed by the laws (including statutes of
limitation) of the State of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction. 
 [signature page follows] 

  
 -2-

 IN WITNESS WHEREOF, each Pledgor has caused
this Patent Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above. 
  

			
	 Very truly yours,

	
	 [PLEDGORS]

		
	 By:
	 	 
		 	Name:
		 	 Title:

  

			
	 Accepted and Agreed:

	
	BARCLAYS BANK PLC,
as Collateral Agent
		
	 By:
	 	 
		 	 Name:

		 	 Title:

  
 -3-

 SCHEDULE I 
 to 
 PATENT SECURITY AGREEMENT  

PATENTS AND PATENT APPLICATIONS 
 Patents: 
  

					
	 OWNER
	  	REGISTRATION
NUMBER	  	NAME

 Patent Applications: 
  

					
	 OWNER
	  	APPLICATION
NUMBER	  	NAME
		  		  	

  
 -4-

 EXHIBIT 6 
 [Form of] 
 Trademark Security Agreement 

Trademark Security Agreement, dated as of [            ], 2011 by
[                    ] and
[                    ] (individually, a “Pledgor”, and, collectively, the “Pledgors”), in favor of BARCLAYS BANK
PLC, in its capacity as collateral agent pursuant to the Credit Agreement (in such capacity, the “Collateral Agent”). 
 W I T N E S
S E T H: 
 WHEREAS, the Pledgors are party to a Security Agreement, dated December 28, 2011 (as amended, amended and restated, supplemented or otherwise modified from time to time, the
“Security Agreement”), in favor of the Collateral Agent pursuant to which the Pledgors are required to execute and deliver this Trademark Security Agreement; 
 NOW, THEREFORE, in consideration of the premises and to induce the Collateral Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement, the Pledgors
hereby agree with the Collateral Agent as follows: 
 SECTION 1. Defined Terms. Unless otherwise defined herein, terms
defined in the Security Agreement and used herein have the meaning given to them in the Security Agreement. 
 SECTION 2.
Grant of Security Interest in Trademark Collateral. Each Pledgor hereby pledges and grants to the Collateral Agent for the benefit of the Secured Parties a lien on and security interest in and to all of its right, title and interest in, to
and under all the following Pledged Collateral of such Pledgor: 
 (a) Trademarks of such Pledgor listed on
Schedule I attached hereto; 
 (b) all Goodwill associated with such Trademarks; and 

(c) all Proceeds of any and all of the foregoing (other than Excluded Property). 

SECTION 3. Security Agreement. The security interest granted pursuant to this Trademark Security Agreement is granted in
conjunction with the security interest granted to the Collateral Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to the security interest in the
Trademarks made and granted hereby are more fully set forth in the Security Agreement. In the event that any provision of this Trademark Security Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement
shall control unless the Collateral Agent shall otherwise determine. 
 SECTION 4. Termination. Upon the payment in full
of the Secured Obligations and termination of the Security Agreement, the Collateral Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing in recordable form releasing the collateral pledge, grant, assignment, lien
and security interest in the Trademarks under this Trademark Security Agreement. 

 SECTION 5. Recordation. Each Pledgor authorizes and requests that the Commissioner
for Trademarks and any other applicable government officer record this Trademark Security Agreement. 
 SECTION 6.
Counterparts. This Trademark Security Agreement may be executed in any number of counterparts, all of which shall constitute one and the same instrument, and any party hereto may execute this Trademark Security Agreement by signing and
delivering one or more counterparts. 
 SECTION 7. Governing Law. This Trademark Security Agreement and the transactions
contemplated hereby, and all disputes between the parties under or relating to this Trademark Security Agreement or the facts or circumstances leading to its execution, whether in contract, tort or otherwise, shall be construed in accordance with
and governed by the laws (including statutes of limitation) of the State of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction. 

[signature page follows] 

  
 -2-

 IN WITNESS WHEREOF, each Pledgor has caused
this Trademark Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above. 
  

			
	Very truly yours,
	
	[PLEDGORS]
		
	 By:
	 	 
		 	Name:
		 	Title:

  

			
	Accepted and Agreed:
	
	BARCLAYS BANK PLC,
as Collateral Agent
		
	 By:
	 	 
		 	Name:
		 	Title:

  
 -3-

 SCHEDULE I 
 to 
 TRADEMARK SECURITY AGREEMENT  

TRADEMARK REGISTRATIONS AND TRADEMARK APPLICATIONS 
 Trademark Registrations: 
  

					
	 OWNER
	  	REGISTRATION
NUMBER	  	TRADEMARK

 Trademark Applications: 
  

					
	 OWNER
	  	APPLICATION
NUMBER	  	TRADEMARK
		  		  	

  
 -4-

 EXHIBIT 7 
 FORM OF NOTICE TO BAILEE OF SECURITY INTEREST IN INVENTORY 
 CERTIFIED MAIL — RETURN
RECEIPT REQUESTED 
 [            ],
200[  ] 
  

	TO:	[Bailee’s Name] 

	  	[Bailee’s Address] 

 Re:    NPC International, Inc. 
 Ladies and Gentlemen: 

In connection with that certain Security Agreement, dated as of December 28, 2011, (as amended, amended and restated, supplemented
or otherwise modified from time to time, the “Security Agreement”), made by NPC International, Inc., a Kansas corporation (the “Parent Borrower”), the other Pledgors party thereto and BARCLAYS BANK, PLC, as
Collateral Agent (“Barclays”), we have granted to Barclays a security interest in substantially all of our personal property, including our inventory. 
 This letter constitutes notice to you, and your signature below will constitute your acknowledgment, of Barclays’s continuing first priority security interest in all goods with respect to which you
are acting as bailee. Until you are notified in writing to the contrary by Barclays, however, you may continue to accept instructions from us regarding the delivery of goods stored by you. 

Your acknowledgment also constitutes a waiver and release, for Barclays’s benefit, of any and all claims, liens, including
bailee’s liens, and demands of every kind which you have or may later have against such goods (including any right to include such goods in any secured financing to which you may become party). 

In order to complete our records, kindly have a duplicate of this letter signed by an officer of your company and return same to us at
your earliest convenience. 
  

									
	Receipt acknowledged, confirmed and approved:	 		 	Very truly yours,
			
	 [BAILEE]
	 		 	[APPLICABLE PLEDGOR]
					
	 By:
	 	 	 		 	By:	 	 
		 	 Name:
	 		 		 	Name:
		 	 Title:
	 		 		 	Title:

 cc:     Barclays Bank, PLC 

  
 -5-

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