Document:

Exhibit 10.1

 Exhibit 10.1 
  

 
  

AMENDED AND RESTATED CREDIT AGREEMENT 

Dated as of August 11, 2005 

As Amended and Restated as of June 9, 2009 

As Further Amended and Restated as of March 11, 2011 

As Further Amended as of November 10, 2011 

As Further Amended and Restated as of March 2, 2012 

As Further Amended and Restated as of December 17, 2012 

As Further Amended and Restated as of March 8, 2013 

As Further Amended and Restated as of February 7, 2014 

among 
 SUNGARD DATA SYSTEMS INC.

 as Borrower, 
 SUNGARD HOLDCO
LLC, 
 THE LENDERS PARTY HERETO, 

and 
 JPMORGAN CHASE BANK, N.A.,

 as Administrative Agent, Swing Line Lender and L/C Issuer, 

 
  

J.P. MORGAN SECURITIES LLC, 
 as
Bookrunner 
  
  

 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	
	ARTICLE I	  
	
	DEFINITIONS AND ACCOUNTING TERMS	  
			
	SECTION 1.01.	 	Defined Terms	  	 	1	  
	SECTION 1.02.	 	Other Interpretive Provisions	  	 	59	  
	SECTION 1.03.	 	Accounting Terms	  	 	59	  
	SECTION 1.04.	 	Rounding	  	 	59	  
	SECTION 1.05.	 	References to Agreements, Laws, Etc.	  	 	60	  
	SECTION 1.06.	 	Times of Day	  	 	60	  
	SECTION 1.07.	 	Timing of Payment of Performance	  	 	60	  
	SECTION 1.08.	 	Currency Equivalents Generally	  	 	60	  
	SECTION 1.09.	 	Change of Currency	  	 	61	  
	
	ARTICLE II	  
	
	THE COMMITMENTS AND CREDIT EXTENSIONS	  
			
	SECTION 2.01.	 	The Loans	  	 	61	  
	SECTION 2.02.	 	Borrowings, Conversions and Continuations of Loans	  	 	62	  
	SECTION 2.03.	 	Letters of Credit	  	 	63	  
	SECTION 2.04.	 	Swing Line Loans	  	 	73	  
	SECTION 2.05.	 	Prepayments	  	 	76	  
	SECTION 2.06.	 	Termination or Reduction of Commitments	  	 	82	  
	SECTION 2.07.	 	Repayment of Loans	  	 	82	  
	SECTION 2.08.	 	Interest	  	 	83	  
	SECTION 2.09.	 	Fees	  	 	84	  
	SECTION 2.10.	 	Computation of Interest and Fees	  	 	84	  
	SECTION 2.11.	 	Evidence of Indebtedness	  	 	85	  
	SECTION 2.12.	 	Payments Generally	  	 	86	  
	SECTION 2.13.	 	Sharing of Payments	  	 	88	  
	SECTION 2.14.	 	[Reserved]	  	 	88	  
	SECTION 2.15.	 	Incremental Credit Extensions	  	 	88	  
	SECTION 2.16.	 	[Reserved]	  	 	90	  
	SECTION 2.17.	 	Loan Modification Offers	  	 	90	  
	SECTION 2.18.	 	Refinancing Amendments	  	 	91	  
	SECTION 2.19.	 	Loan Repurchases	  	 	93	  
	
	ARTICLE III	  
	
	TAXES, INCREASED COSTS PROTECTION AND ILLEGALITY	  
			
	SECTION 3.01.	 	Taxes	  	 	94	  

							
	 SECTION 3.02.
	 	Illegality	  	 	97	  
	 SECTION 3.03.
	 	Inability to Determine Rates	  	 	98	  
	 SECTION 3.04.
	 	Increased Cost and Reduced Return; Capital Adequacy; Reserves on Eurocurrency Rate Loans	  	 	98	  
	 SECTION 3.05.
	 	Funding Losses	  	 	100	  
	 SECTION 3.06.
	 	Matters Applicable to All Requests for Compensation	  	 	100	  
	 SECTION 3.07.
	 	Replacement of Lenders under Certain Circumstances	  	 	101	  
	 SECTION 3.08.
	 	Survival	  	 	103	  
	
	ARTICLE IV	  
	
	CONDITIONS PRECEDENT TO CREDIT EXTENSIONS AND AS SEPARATION	  
			
	 SECTION 4.01.
	 	[Reserved]	  	 	103	  
	 SECTION 4.02.
	 	Conditions to All Credit Extensions	  	 	103	  
	 SECTION 4.03.
	 	Conditions to AS Separation	  	 	104	  
	
	ARTICLE V	  
	
	REPRESENTATIONS AND WARRANTIES	  
			
	 SECTION 5.01.
	 	Existence, Qualification and Power; Compliance with Laws	  	 	106	  
	 SECTION 5.02.
	 	Authorization; No Contravention	  	 	106	  
	 SECTION 5.03.
	 	Governmental Authorization; Other Consents	  	 	106	  
	 SECTION 5.04.
	 	Binding Effect	  	 	107	  
	 SECTION 5.05.
	 	Financial Statements; No Material Adverse Effect	  	 	107	  
	 SECTION 5.06.
	 	Litigation	  	 	108	  
	 SECTION 5.07.
	 	No Default	  	 	108	  
	 SECTION 5.08.
	 	Ownership of Property; Liens	  	 	108	  
	 SECTION 5.09.
	 	Environmental Compliance	  	 	108	  
	 SECTION 5.10.
	 	Taxes	  	 	109	  
	 SECTION 5.11.
	 	ERISA Compliance	  	 	110	  
	 SECTION 5.12.
	 	Subsidiaries; Equity Interests	  	 	110	  
	 SECTION 5.13.
	 	Margin Regulations; Investment Company Act; Public Utility Holding Company Act	  	 	110	  
	 SECTION 5.14.
	 	Disclosure	  	 	111	  
	 SECTION 5.15.
	 	Intellectual Property; Licenses, Etc.	  	 	111	  
	 SECTION 5.16.
	 	Solvency	  	 	111	  
	 SECTION 5.17.
	 	[Reserved]	  	 	111	  
	 SECTION 5.18.
	 	Subordination of Junior Financing	  	 	111	  
	 SECTION 5.19.
	 	Labor Matters	  	 	112	  

  
 ii 

							
	ARTICLE VI	  
	
	AFFIRMATIVE COVENANTS	  
			
	SECTION 6.01.	 	Financial Statements	  	 	112	  
	 SECTION 6.02.
	 	Certificates; Other Information	  	 	114	  
	 SECTION 6.03.
	 	Notices	  	 	115	  
	 SECTION 6.04.
	 	Payment of Obligations	  	 	116	  
	 SECTION 6.05.
	 	Preservation of Existence, Etc.	  	 	116	  
	 SECTION 6.06.
	 	Maintenance of Properties	  	 	116	  
	 SECTION 6.07.
	 	Maintenance of Insurance	  	 	116	  
	 SECTION 6.08.
	 	Compliance with Laws	  	 	116	  
	 SECTION 6.09.
	 	Books and Records	  	 	116	  
	 SECTION 6.10.
	 	Inspection Rights	  	 	117	  
	 SECTION 6.11.
	 	Covenant to Guarantee Obligations and Give Security	  	 	117	  
	 SECTION 6.12.
	 	Compliance with Environmental Laws	  	 	119	  
	 SECTION 6.13.
	 	Further Assurances and Post-Closing Conditions	  	 	119	  
	 SECTION 6.14.
	 	[Reserved]	  	 	120	  
	 SECTION 6.15.
	 	Designation of Subsidiaries	  	 	120	  
	
	ARTICLE VII	  
	
	NEGATIVE COVENANTS	  
			
	 SECTION 7.01.
	 	Liens	  	 	121	  
	 SECTION 7.02.
	 	Investments	  	 	125	  
	 SECTION 7.03.
	 	Indebtedness	  	 	128	  
	 SECTION 7.04.
	 	Fundamental Changes	  	 	134	  
	 SECTION 7.05.
	 	Dispositions	  	 	135	  
	 SECTION 7.06.
	 	Restricted Payments	  	 	138	  
	 SECTION 7.07.
	 	Change in Nature of Business	  	 	141	  
	 SECTION 7.08.
	 	Transactions with Affiliates	  	 	141	  
	 SECTION 7.09.
	 	Burdensome Agreements	  	 	142	  
	 SECTION 7.10.
	 	Use of Proceeds	  	 	143	  
	 SECTION 7.11.
	 	Financial Covenants	  	 	143	  
	 SECTION 7.12.
	 	Accounting Changes	  	 	143	  
	 SECTION 7.13.
	 	Prepayments, Etc. of Indebtedness	  	 	143	  
	 SECTION 7.14.
	 	Equity Interests of the Company and Restricted Subsidiaries	  	 	144	  
	 SECTION 7.15.
	 	Holding Company	  	 	144	  
	
	ARTICLE VIII	  
	
	EVENTS OF DEFAULT AND REMEDIES	  
			
	 SECTION 8.01.
	 	Events of Default	  	 	144	  
	 SECTION 8.02.
	 	Remedies Upon Event of Default	  	 	147	  

  
 iii 

							
	 SECTION 8.03.
	 	Exclusion of Immaterial Subsidiaries	  	 	148	  
	 SECTION 8.04.
	 	Application of Funds	  	 	148	  
	 SECTION 8.05.
	 	Company’s Right to Cure	  	 	149	  
	
	ARTICLE IX	  
	
	ADMINISTRATIVE AGENT AND OTHER AGENTS	  
			
	 SECTION 9.01.
	 	Appointment and Authorization of Agents	  	 	150	  
	 SECTION 9.02.
	 	Delegation of Duties	  	 	151	  
	 SECTION 9.03.
	 	Liability of Agents	  	 	151	  
	 SECTION 9.04.
	 	Reliance by Agents	  	 	151	  
	 SECTION 9.05.
	 	Notice of Default	  	 	152	  
	 SECTION 9.06.
	 	Credit Decision; Disclosure of Information by Agents	  	 	152	  
	 SECTION 9.07.
	 	Indemnification of Agents	  	 	153	  
	 SECTION 9.08.
	 	Agents in their Individual Capacities	  	 	153	  
	 SECTION 9.09.
	 	Successor Agents	  	 	153	  
	 SECTION 9.10.
	 	Administrative Agent May File Proofs of Claim	  	 	154	  
	 SECTION 9.11.
	 	Collateral and Guaranty Matters	  	 	155	  
	 SECTION 9.12.
	 	Other Agents; Arrangers and Managers	  	 	156	  
	 SECTION 9.13.
	 	Appointment of Supplemental Administrative Agents	  	 	156	  
	
	ARTICLE X	  
	
	MISCELLANEOUS	  
			
	 SECTION 10.01.
	 	Amendments, Etc.	  	 	157	  
	 SECTION 10.02.
	 	Notices and Other Communications; Facsimile Copies	  	 	160	  
	 SECTION 10.03.
	 	No Waiver; Cumulative Remedies	  	 	161	  
	 SECTION 10.04.
	 	Attorney Costs, Expenses and Taxes	  	 	161	  
	 SECTION 10.05.
	 	Indemnification by the Company	  	 	161	  
	 SECTION 10.06.
	 	Payments Set Aside	  	 	163	  
	 SECTION 10.07.
	 	Successors and Assigns	  	 	163	  
	 SECTION 10.08.
	 	Confidentiality	  	 	170	  
	 SECTION 10.09.
	 	Setoff	  	 	171	  
	 SECTION 10.10.
	 	Interest Rate Limitation	  	 	172	  
	 SECTION 10.11.
	 	Counterparts	  	 	172	  
	 SECTION 10.12.
	 	Integration	  	 	172	  
	 SECTION 10.13.
	 	Survival of Representations and Warranties	  	 	173	  
	 SECTION 10.14.
	 	Severability	  	 	173	  
	 SECTION 10.15.
	 	Tax Forms	  	 	173	  
	 SECTION 10.16.
	 	Governing Law	  	 	175	  
	 SECTION 10.17.
	 	Waiver of Right to Trial by Jury	  	 	175	  
	 SECTION 10.18.
	 	Binding Effect	  	 	176	  
	 SECTION 10.19.
	 	Judgment Currency	  	 	176	  
	 SECTION 10.20.
	 	Lender Action	  	 	176	  
	 SECTION 10.21.
	 	USA PATRIOT Act	  	 	177	  
	 SECTION 10.22.
	 	Agent for Service of Process	  	 	177	  

  
 iv 

 SCHEDULES 
  

			
	I	  	Guarantors
	1.01A	  	Material Leased Property
	1.01B	  	Certain Security Interests and Guarantees
	1.01C	  	Unrestricted Subsidiaries
	1.01D	  	Mandatory Cost Formulae
	1.01E	  	Existing Letters of Credit
	1.01F	  	Mortgaged Properties
	1.01G	  	Excluded Subsidiary
	1.01H	  	Foreign Subsidiary
	2.01	  	Commitments
	5.05	  	Certain Liabilities
	5.09	  	Environmental Matters
	5.10	  	Taxes
	5.11	  	ERISA Compliance
	5.12	  	Subsidiaries and Other Equity Investments
	7.01(b)	  	Existing Liens
	7.02(f)	  	Existing Investments
	7.03(b)	  	Existing Indebtedness
	7.05(l)	  	Dispositions
	7.08	  	Transactions with Affiliates
	7.09	  	Existing Restrictions
	10.02	  	Administrative Agent’s Office, Certain Addresses for Notices

 EXHIBITS 

Form of 
  

			
	A	  	Committed Loan Notice
	B	  	Swing Line Loan Notice
	C-1	  	U.S. Term Note
	C-2	  	[Reserved]
	C-3	  	[Reserved]
	C-4	  	Revolving Credit Note
	D	  	Compliance Certificate
	E-1	  	Affiliated Lender Assignment and Assumption
	E-2	  	Assignment and Assumption
	F-1	  	Holdings Guaranty
	F-2	  	U.S. Subsidiary Guaranty
	F-3	  	[Reserved]
	F-4	  	[Reserved]
	G	  	Security Agreement
	H	  	Mortgage
	I	  	[Reserved]
	J	  	[Reserved]
	K	  	[Reserved]

  
 v 

			
	L	  	[Reserved]
	M	  	Intellectual Property Security Agreement
	N	  	First Lien Intercreditor Agreement
	O	  	Second Lien Intercreditor Agreement
	P	  	Solvency Certificate
	Q	  	Auction Procedures

  
 vi 

 AMENDED AND RESTATED CREDIT AGREEMENT 

This AMENDED AND RESTATED CREDIT AGREEMENT (“Agreement”) is entered into as of August 11, 2005, as
amended and restated as of June 9, 2009, as further amended and restated as of March 11, 2011, by the Second Refinancing Amendment dated as of March 11, 2011, as amended by the Third Amendment dated as of November 10, 2011, as
further amended and restated as of March 2, 2012, by the Fourth Amendment dated as of March 2, 2012, as further amended and restated as of December 17, 2012, by the Fifth Amendment dated as of December 17, 2012, as further
amended and restated as of March 8, 2013, by the Sixth Amendment dated as of March 8, 2013, and as further amended and restated as of February 7, 2014, by the Seventh Amendment dated as of February 7, 2014, among SUNGARD DATA
SYSTEMS INC., a Delaware corporation (“SunGard” or the “Company”), SUNGARD HOLDCO LLC, a Delaware limited liability company (“Holdings”), and JPMORGAN CHASE BANK, N.A., as Administrative Agent,
Swing Line Lender and an L/C Issuer, and each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”). 

PRELIMINARY STATEMENTS 

The Company, the Lenders and the Administrative Agent are party to the Restated Agreement (such term and other capitalized terms used in these
preliminary statements being defined in Section 1.01 hereof). Pursuant to the Seventh Amendment, and upon satisfaction of the conditions set forth therein, the Restated Agreement is being amended and restated in the form of this Agreement. 

The applicable Lenders have indicated their willingness to lend, and the L/C Issuers have indicated their willingness to issue Letters of
Credit, in each case, on the terms and subject to the conditions set forth herein. 
 In consideration of the mutual covenants and
agreements herein contained, the parties hereto covenant and agree as follows: 
 ARTICLE I 

Definitions and Accounting Terms 

SECTION 1.01. Defined Terms. As used in this Agreement, the following terms shall have the meanings set forth below: 

“Accepting Lenders” has the meaning specified in Section 2.17(a). 

 “Acquired EBITDA” means, with respect to any Acquired Entity or Business for any
period, the amount for such period of Consolidated EBITDA of such Acquired Entity or Business (determined as if references to the Company and the Restricted Subsidiaries in the definition of Consolidated EBITDA were references to such Acquired
Entity or Business and its Subsidiaries), all as determined on a consolidated basis for such Acquired Entity or Business. 

“Acquired Entity or Business” has the meaning set forth in the definition of the term “Consolidated EBITDA”. 

“Act” has the meaning set forth in Section 10.21. 

“Additional Lender” means, at any time, any bank or other financial institution (other than any such bank or financial
institution that is a Lender at such time) that agrees to provide any portion of an Incremental Term Loan or Revolving Commitment Increase pursuant to an Incremental Amendment in accordance with Section 2.15 or Credit Agreement Refinancing
Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.18; provided that each Additional Lender shall be subject to the approval of the Administrative Agent (such approval not to be unreasonably withheld) and the
Company. 
 “Administrative Agent” means JPMorgan Chase Bank, in its capacity as administrative agent under any of the Loan
Documents, or any successor administrative agent. 
 “Administrative Agent’s Office” means, with respect to any
currency, the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02 with respect to such currency, or such other address or account with respect to such currency as the Administrative Agent may from time to
time notify the Company and the Lenders. 
 “Administrative Questionnaire” means an Administrative Questionnaire in a form
supplied by the Administrative Agent. 
 “Affected Class” has the meaning specified in Section 2.17(a). 

“Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the Person specified. “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a
Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

“Affiliated Assignment and Assumption” means an Assignment and Assumption substantially in the form of Exhibit E-1. 

  
 2 

 “Agent-Related Persons” means the Agents, together with their respective
Affiliates, and the officers, directors, employees, agents and attorneys-in-fact of such Persons and Affiliates. 

“Agents” means, collectively, the Administrative Agent, the Syndication Agent and the Supplemental Administrative Agents (if
any). 
 “Aggregate Commitments” means the Commitments of all the Lenders. 

“Aggregate Credit Exposures” means, at any time, the sum of (a) the unused portion of each Revolving Credit Commitment
then in effect and (b) the Total Outstandings at such time. 
 “Agreement” means this Credit Agreement. 

“Agreement Currency” has the meaning specified in Section 10.19. 

“Alternative Currency” means Euros, Sterling, Canadian Dollars and such other currency acceptable to, and approved in writing
by, the Administrative Agent, each Revolving Credit Lender, the applicable L/C Issuer and the Borrower. 
 “Alternative Currency
Short-Term Rate” has the meaning specified in Section 2.03(c). 
 “Alternative Incremental Facility Debt”
means any Indebtedness incurred by the Company in the form of one or more series of senior secured notes or senior unsecured notes; provided that (i) if such Indebtedness is secured, such Indebtedness shall be secured by the Collateral
on a pari passu or junior basis (but in each case without regard to the control of remedies) with the Secured Obligations and is not secured by any property or assets of the Company or any Subsidiary other than the Collateral, (ii) such
Indebtedness does not mature or have scheduled amortization or payments of principal prior to the date that is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred (except, in each case, upon the occurrence of an event of
default, a change in control, an event of loss or an asset disposition), (iii) if such Indebtedness is secured, the security agreements relating to such Indebtedness are substantially the same as the Collateral Documents (with such differences
as are reasonably satisfactory to the Administrative Agent), (iv) such Indebtedness is not guaranteed by any Subsidiaries other than the Subsidiary Guarantors and (v) if such Indebtedness is secured, a Senior Representative acting on
behalf of the holders of such Indebtedness shall have become party to the First Lien Intercreditor Agreement or the Second Lien Intercreditor Agreement, as the case may be; provided that if such Indebtedness is the initial Alternative
Incremental Facility Debt incurred by the Company that is secured, then the Company, the Subsidiary Guarantors, the Administrative Agent, the Collateral Agent and the Senior Representative for such Indebtedness shall have executed and delivered the
First Lien Intercreditor Agreement or the Second Lien Intercreditor Agreement, as the case may be. Alternative Incremental Facility Debt will include any Registered Equivalent Notes issued in exchange therefor. 

  
 3 

 “Amendment and Restatement Agreement” means the Amendment and Restatement
Agreement dated as of June 9, 2009, among the Company, Holdings, SunGard UK Holdings Limited, the Lenders party thereto and the Administrative Agent. 

“Applicable Rate” means a percentage per annum equal to: 

(a) (i) with respect to the Tranche A U.S. Term Loans, the following percentages per annum, based upon the Total Leverage
Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(b): 
  

											
	 Applicable Rate
	 
	 Pricing
Level
	  	Total Leverage
Ratio	  	Eurocurrency
Rate	 	 	Base Rate	 
	1	  	<5.25:1	  	 	1.75	% 	 	 	0.75	% 
	2	  	35.25:1	  	 	2.00	% 	 	 	1.00	% 

 (ii) with respect to the Tranche C Term Loans: (A) for Eurocurrency Rate Loans,
3.75% per annum, and (B) for Base Rate Loans, 2.75% per annum; and 
 (iii) with respect to the Tranche D Term
Loans: (A) for Eurocurrency Rate Loans, 3.50% per annum, and (B) for Base Rate Loans, 2.50% per annum. 

(iv) with respect to the Tranche E Term Loans: (A) for Eurocurrency Rate Loans, 3.00% per annum, and (B) for
Base Rate Loans, 2.00% per annum. 
 (b) with respect to Revolving Credit Loans, unused Revolving Credit Commitments and Letter of
Credit fees relating to the Revolving Credit Commitments, the following percentages per annum, based upon the Total Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to
Section 6.02(b): 
  

															
	 Applicable Rate
	 
	 Pricing
Level
	  	Total Leverage Ratio	  	Eurocurrency
Rate and
Letter of
Credit Fees	 	 	Base
Rate	 	 	Commitment
Fee
Rate	 
					
	 0
	  	<4:1	  	 	2.75	% 	 	 	1.75	% 	 	 	0.500	% 
	 1
	  	>4:1 but <4.5:1	  	 	3.00	% 	 	 	2.00	% 	 	 	0.625	% 
	 2
	  	>4.5:1 but <5:1	  	 	3.25	% 	 	 	2.25	% 	 	 	0.875	% 
	 3
	  	>5:1 but <5.5:1	  	 	3.50	% 	 	 	2.50	% 	 	 	1.000	% 
	 4
	  	>5.5:1 but <6:1	  	 	3.75	% 	 	 	2.75	% 	 	 	1.125	% 
	 5
	  	>6:1	  	 	4.00	% 	 	 	3.00	% 	 	 	1.125	% 

 Any increase or decrease in the Applicable Rate resulting from a change in the Total Leverage Ratio shall become effective as
of the first Business Day immediately following 

  
 4 

 
the date a Compliance Certificate is delivered pursuant to Section 6.02(b); provided that at the option of the Administrative Agent or the Required Lenders, the highest Pricing Level
shall apply (x) as of the first Business Day after the date on which a Compliance Certificate was required to have been delivered but was not delivered, and shall continue to so apply to and including the date on which such Compliance
Certificate is so delivered (and thereafter the Pricing Level otherwise determined in accordance with this definition shall apply) and (y) as of the first Business Day after an Event of Default under Section 8.01(a) shall have occurred and
be continuing, and shall continue to so apply to but excluding the date on which such Event of Default is cured or waived (and thereafter the Pricing Level otherwise determined in accordance with this definition shall apply). 

“Appropriate Lender” means, at any time, (a) with respect to Loans of any Class, the Lenders of such Class,
(b) with respect to Letters of Credit, (i) the relevant L/C Issuers and (ii) with respect to any Letters of Credit issued pursuant to Section 2.03(a), the Revolving Credit Lenders and (c) with respect to the Swing Line
Facility, (i) the Swing Line Lender and (ii) if any Swing Line Loans are outstanding pursuant to Section 2.04(a), the Revolving Credit Lenders. 

“Approved Bank” has the meaning specified in clause (c) of the definition of “Cash Equivalents”. 

“Approved Fund” means any Fund that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a
Lender or (c) an entity or an Affiliate of an entity that administers, advises or manages a Lender. 
 “Arrangers”
means J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, each in its capacity as a Joint Lead Arranger under this Agreement. 

“AS Business” means the availability services business of Holdings and the Subsidiaries, as described in the Company’s
Annual Report on Form 10-K for the fiscal year ended December 31, 2012, and includes the assets and operations reported on as a separate availability services business segment in the financial statements included in such Form 10-K, subject to
acquisitions and dispositions of assets and operations associated with such business in the ordinary course. 
 “AS Exchanging
Debtholders” means, collectively, certain investment banks and/or other investors who, in connection with the AS Separation Transactions, purchase Senior Notes for their own account, together with their respective successors and assigns,
which investment banks and/or other investors will hold such Senior Notes for their own account for at least five days before entering into the Company Exchange Agreement. 

“AS New LLC” has the meaning specified in the definition of “AS Separation Transactions”. 

  
 5 

 “AS Separation” means the distribution of all outstanding shares of common stock
of AS Spinco, ultimately to the holders of Capital II Preferred Stock, in the Internal Spin-Offs and the External Split-Off. 
 “AS
Separation Conditions” has the meaning specified in Section 4.03. 
 “AS Separation Date” means the date on
which the AS Separation occurs. 
 “AS Separation Documents” means (i) one or more licenses of the SunGard
Availability Services name to AS Spinco and its Subsidiaries and (ii) any other agreements among the Company and its Subsidiaries (not including AS Spinco and its Subsidiaries), on the one hand, and AS Spinco and its Subsidiaries, on the other
hand, with respect to services and transactions relating to the separation of the AS Business from the Company, including a separation agreement, a tax sharing and disaffiliation agreement, a sublease agreement and agreements relating to employee
matters and other transition services. 
 “AS Separation Tax Opinion” has the meaning specified in Section 4.03(b).

 “AS Separation Transactions” means, collectively, (i) the formation by the Company of a new Delaware limited
liability company that will be a disregarded entity for U.S. federal tax purposes (“AS New LLC”) and a new Delaware corporation (“AS Spinco”), which corporation as a result of the transfer by the Company in step
(iv) will directly own all the Equity Interests of AS New LLC, (ii) the transfer of all of the Equity Interests of the AS Subsidiaries and the other assets primarily related to the conduct of the AS Business (including working capital) to
AS New LLC or one or more Subsidiaries of AS New LLC, (iii) the incurrence by AS Spinco of AS Term Loans on the AS Separation Date in contemplation of the AS Separation, (iv) the transfer by the Company of membership interests in AS New
LLC to AS Spinco in exchange for newly issued AS Spinco Securities, Net Cash Proceeds of the AS Term Loans, the common stock of AS Spinco and the assumption by AS Spinco and/or certain AS Subsidiaries of certain Company liabilities related to the AS
Business, which transfer, exchange and assumption shall occur on the AS Separation Date, (v) if the AS Separation occurs, the exchange by AS Exchanging Debtholders of Senior Notes for all AS Spinco Securities at fair market value on or about
the date of such exchange pursuant to one or more exchange agreements (collectively, the “Company Exchange Agreement”) between the Company and the AS Exchanging Debtholders, (vi) the distribution of all the common stock of AS
Spinco held by the Company in the Internal Spin-Offs followed by the distribution of such common stock of AS Spinco to the holders of the Capital II Preferred Stock on a pro rata basis in exchange for a portion of their Capital II Preferred Stock
having an equivalent fair market value (the “External Split-Off”) ; provided that such AS Separation Transactions may be modified or added to (other than with respect to the identity of the assets contributed to AS New LLC
pursuant to clause (iii)) (x) pursuant to and in conformity with the statements, assumptions and representations required to be made by the Company and certain of its Affiliates for purposes of the AS Separation Tax

  
 6 

 
Opinion or (y) in order to effect any structural, procedural or other technical modifications thereto as are necessary, in the reasonable judgment of the Company, to consummate the AS
Separation Transactions on terms otherwise consistent with those contemplated hereby, in each case to the extent such modifications or additions are not adverse to the Lenders in any material respect. 

“AS Spinco” has the meaning specified in the definition of “AS Separation Transactions”. 

“AS Spinco Securities” means debt securities issued by AS Spinco which (i) have a final maturity date no earlier than
eight years from the date of issuance and (ii) are optionally redeemable by AS Spinco beginning on the date that is not earlier than five years from the date of issuance at redemption prices (including a declining premium) to be agreed between
the holders of such AS Spinco Securities and AS Spinco. 
 “AS Subsidiaries” means, collectively, the Subsidiaries of the
Company that are principally engaged in the conduct of the AS Business or incorporated or established to effect the AS Separation (other than any such Subsidiary that is liquidated, sold or otherwise disposed of after the Seventh Amendment Effective
Date in a transaction not prohibited by this Agreement). 
 “AS Term Loans” means senior secured term loans (or senior
secured debt securities issued in lieu of all or a portion thereof) incurred by AS Spinco, the Net Cash Proceeds of which shall, in connection with the AS Separation Transactions, be distributed by AS Spinco to the Company and applied to the
prepayment of Term Loans pursuant to clause (vi) of Section 2.05(b). 
 “Assignees” has the meaning specified in
Section 10.07(b). 
 “Assignment and Assumption” means an Assignment and Assumption substantially in the form of
Exhibit E-2. 
 “Attorney Costs” means and includes all reasonable fees, expenses and disbursements of any law firm or
other external legal counsel. 
 “Attributable Indebtedness” means, on any date, in respect of any Capitalized Lease of any
Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP. 

“Auction Manager” has the meaning set forth in Section 2.19. 

“Auction Notice” means an auction notice given by a Purchasing Borrower Party in accordance with the Auction Procedures with
respect to an Auction Purchase Offer. 
 “Auction Procedures” means the auction procedures with respect to Auction Purchase
Offers set forth in Exhibit Q. 

  
 7 

 “Auction Purchase Offer” means an offer by a Purchasing Borrower Party to
purchase Term Loans of one or more Classes pursuant to modified Dutch auctions conducted in accordance with the Auction Procedures and otherwise in accordance with Section 2.19. 

“Audited Financial Statements” means the audited consolidated balance sheets of SunGard and its Subsidiaries as of each of
December 31, 2012, 2011 and 2010, and the related audited consolidated statements of comprehensive income or operations, stockholders’ equity and cash flows for SunGard and its Subsidiaries for the fiscal years ended December 31,
2012, 2011 and 2010, respectively. 
 “Auto-Renewal Letter of Credit” has the meaning specified in
Section 2.03(b)(iii). 
 “Base Rate” means for any day a fluctuating rate per annum equal to the higher of
(a) the Federal Funds Rate plus 1/2 of 1% and (b) the rate of interest in effect for such day as publicly announced from time to time by JPMorgan Chase Bank as its “prime rate.” The “prime rate” is a rate set by
JPMorgan Chase Bank based upon various factors including JPMorgan Chase Bank costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below
such announced rate. Any change in such rate announced by JPMorgan Chase Bank shall take effect at the opening of business on the day specified in the public announcement of such change. 

“Base Rate Loan” means a Loan that bears interest based on the Base Rate. 

“Borrower” means the Company. 

“Borrower Parties” means the collective reference to the Company and the Restricted Subsidiaries, and “Borrower
Party” means any one of them. 
 “Borrowing” means a Revolving Credit Borrowing, a Swing Line Borrowing or a Term
Borrowing, as the context may require. 
 “Broker-Dealer Facility” means the overnight credit facilities of the
Broker-Dealer Subsidiaries. 
 “Broker-Dealer Liens” means Liens on the Equity Interests owned by any Broker-Dealer
Subsidiary or any person that is not an Affiliate of the Company. 
 “Broker-Dealer Subsidiaries” means the Subsidiaries
that are principally engaged in the business of providing broker-dealer services. 
 “Business Day” means any day other
than a Saturday, Sunday or other day on which commercial banks are authorized to close under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office with respect to Obligations denominated in Dollars is located,
and if such day relates to any interest rate settings as to 

  
 8 

 
a Eurocurrency Rate Loan, any fundings, disbursements, settlements and payments in respect of any such Eurocurrency Rate Loan, or any other dealings to be carried out pursuant to this Agreement
in respect of any such Eurocurrency Rate Loan, means any such day on which dealings in deposits in Dollars are conducted by and between banks in the London interbank eurodollar market. 

“Canadian Dollar” and “C$” mean lawful money of Canada. 

“Capital II” means SunGard Capital Corp. II, a Delaware corporation, the common stock of which is owned by SunGard Capital
Corp., a Delaware corporation, and the preferred stock of which is owned by shareholders of SunGard Capital Corp. 
 “Capital II
Preferred Stock” means all of the only class of outstanding preferred stock of Capital II. 
 “Capital
Expenditures” means, for any period, the aggregate of (a) all expenditures (whether paid in cash or accrued as liabilities) by the Company and the Restricted Subsidiaries during such period that, in conformity with GAAP, are or are
required to be included as additions during such period to property, plant or equipment reflected in the consolidated balance sheet of the Company and the Restricted Subsidiaries, (b) all Capitalized Software Expenditures for such period and
(c) the value of all assets under Capitalized Leases incurred by the Company and the Restricted Subsidiaries during such period; provided that the term “Capital Expenditures” shall not include (i) expenditures made in
connection with the replacement, substitution, restoration or repair of assets to the extent financed with (x) insurance proceeds paid on account of the loss of or damage to the assets being replaced, restored or repaired or
(y) awards of compensation arising from the taking by eminent domain or condemnation of the assets being replaced, (ii) the purchase price of equipment that is purchased simultaneously with the trade-in of existing equipment to the extent
that the gross amount of such purchase price is reduced by the credit granted by the seller of such equipment for the equipment being traded in at such time, (iii) the purchase of plant, property or equipment or software to the extent financed
with the proceeds of Dispositions that are not required to be applied to prepay Term Loans pursuant to Section 2.05(b), (iv) expenditures that constitute any part of Consolidated Lease Expense, (v) expenditures that are accounted for
as capital expenditures by the Company or any Restricted Subsidiary and that actually are paid for by a Person other than the Company or any Restricted Subsidiary and for which neither the Company nor any Restricted Subsidiary has provided or is
required to provide or incur, directly or indirectly, any consideration or obligation to such Person or any other Person (whether before, during or after such period), (vi) the book value of any asset owned by the Company or any Restricted
Subsidiary prior to or during such period to the extent that such book value is included as a capital expenditure during such period as a result of such Person reusing or beginning to reuse such asset during such period without a corresponding
expenditure actually having been made in such period; provided that (x) any expenditure necessary in order to permit such asset to be reused shall be included as a Capital Expenditure during the period in which such expenditure actually
is made and (y) such book value shall have been included in Capital Expenditures when such asset was originally acquired, or (vii) expenditures that constitute Permitted Acquisitions. 

  
 9 

 “Capitalized Leases” means all leases that have been or should be, in accordance
with GAAP, recorded as capitalized leases; provided that for all purposes hereunder the amount of obligations under any Capitalized Lease shall be the amount thereof accounted for as a liability in accordance with GAAP. 

“Capitalized Software Expenditures” means, for any period, the aggregate of all expenditures (whether paid in cash or accrued
as liabilities) by the Company and the Restricted Subsidiaries during such period in respect of purchased software or internally developed software and software enhancements that, in conformity with GAAP, are or are required to be reflected as
capitalized costs on the consolidated balance sheet of the Company and the Restricted Subsidiaries. 
 “Cash Collateral”
has the meaning specified in Section 2.03(g). 
 “Cash Collateral Account” means a blocked account at JPMorgan Chase Bank
(or another commercial bank selected in compliance with Section 9.09) in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner satisfactory to the
Administrative Agent. 
 “Cash Collateralize” has the meaning specified in Section 2.03(g). 

“Cash Equivalents” means any of the following types of Investments, to the extent owned by the Company or any Restricted
Subsidiary: 
 (a) Dollars, Euros or, in the case of any Foreign Subsidiary, such local currencies held by it from time to
time in the ordinary course of business; 
 (b) readily marketable obligations issued or directly and fully guaranteed or
insured by the government or any agency or instrumentality of (i) the United States or (ii) any member nation of the European Union, having average maturities of not more than 12 months from the date of acquisition thereof; provided
that the full faith and credit of the United States or a member nation of the European Union is pledged in support thereof; 

(c) time deposits with, or insured certificates of deposit or bankers’ acceptances of, any commercial bank that
(i) is a Lender or (ii) (A) is organized under the Laws of the United States, any state thereof, the District of Columbia or any member nation of the Organization for Economic Cooperation and Development or is the principal banking
Subsidiary of a bank holding company organized under the Laws of the United States, any state thereof, the District of Columbia or any member nation of the Organization for Economic Cooperation and 

  
 10 

 
Development, and is a member of the Federal Reserve System, and (B) has combined capital and surplus of at least $250,000,000 (any such bank in the foregoing clauses (i) or
(ii) being an “Approved Bank”), in each case with average maturities of not more than 12 months from the date of acquisition thereof; 

(d) commercial paper and variable or fixed rate notes issued by an Approved Bank (or by the parent company thereof) or any
variable or fixed rate note issued by, or guaranteed by, a corporation rated A-2 (or the equivalent thereof) or better by S&P or P-2 (or the equivalent thereof) or better by Moody’s, in each case with average maturities of not more than 12
months from the date of acquisition thereof; 
 (e) repurchase agreements entered into by any Person with a bank or trust
company (including any of the Lenders) or recognized securities dealer, in each case, having capital and surplus in excess of $250,000,000 for direct obligations issued by or fully guaranteed or insured by the government or any agency or
instrumentality of (i) the United States or (ii) any member nation of the European Union, in which such Person shall have a perfected first priority security interest (subject to no other Liens) and having, on the date of purchase thereof,
a fair market value of at least 100% of the amount of the repurchase obligations; 
 (f) securities with average maturities
of 12 months or less from the date of acquisition issued or fully guaranteed by any state, commonwealth or territory of the United States, by any political subdivision or taxing authority of any such state, commonwealth or territory or by any
foreign government having an investment grade rating from either S&P or Moody’s (or the equivalent thereof); 
 (g)
Investments with average maturities of 12 months or less from the date of acquisition in money market funds rated AAA- (or the equivalent thereof) or better by S&P or Aaa3 (or the equivalent thereof) or better by Moody’s; 

(h) instruments equivalent to those referred to in clauses (a) through (g) above denominated in Euros or any other
foreign currency comparable in credit quality and tenor to those referred to above and customarily used by corporations for cash management purposes in any jurisdiction outside the United States to the extent reasonably required in connection with
any business conducted by any Restricted Subsidiary organized in such jurisdiction; and 
 (i) Investments, classified in
accordance with GAAP as current assets of the Company or any Restricted Subsidiary, in money market investment programs which are registered under the Investment 

  
 11 

 
Company Act of 1940 or which are administered by financial institutions having capital of at least $250,000,000, and, in either case, the portfolios of which are limited such that substantially
all of such investments are of the character, quality and maturity described in clauses (a) through (h) of this definition. 

“Cash Management Obligations” means obligations owed by Holdings, the Company or any Restricted Subsidiary to any Lender or
any Affiliate of a Lender in respect of any overdraft and related liabilities arising from treasury, depository and cash management services, credit card programs, merchant card programs, or any automated clearing house transfers of funds;
provided that, for all purposes under this Agreement and any other Loan Document, the aggregate principal amount of such obligations arising from credit card and merchant card programs that constitute “Cash Management Obligations”
shall not exceed $25,000,000 at any time outstanding. 
 “Casualty Event” means any event that gives rise to the receipt by
Holdings, the Company or any Restricted Subsidiary of any insurance proceeds or condemnation awards in respect of any equipment, fixed assets or real property (including any improvements thereon) to replace or repair such equipment, fixed assets or
real property. 
 “CERCLA” means the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as
subsequently amended. 
 “CERCLIS” means the Comprehensive Environmental Response, Compensation and Liability Information
System maintained by the U.S. Environmental Protection Agency. 
 “Change of Control” means the earliest to occur of
(a) the Permitted Holders ceasing to have the power, directly or indirectly, to vote or direct the voting of securities having a majority of the ordinary voting power for the election of directors of Holdings; provided that the
occurrence of the foregoing event shall not be deemed a Change of Control if, 
 (i) any time prior to the consummation of a
Qualifying IPO, and for any reason whatsoever, (A) the Permitted Holders otherwise have the right, directly or indirectly, to designate (and do so designate) a majority of the board of directors of Holdings or (B) the Permitted Holders
own, directly or indirectly, of record and beneficially an amount of common stock of Holdings equal to an amount more than 50% of the amount of common stock of Holdings owned, directly or indirectly, by the Permitted Holders of record and
beneficially as of the Closing Date and such ownership by the Permitted Holders represents the largest single block of voting securities of Holdings held by any Person or related group for purposes of Section 13(d) of the Exchange Act, or 

(ii) at any time after the consummation of a Qualifying IPO, and for any reason whatsoever, (A) no “person” or
“group” (as such terms are used in 

  
 12 

 
Sections 13(d) and 14(d) of the Exchange Act, but excluding any employee benefit plan of such person and its Subsidiaries, and any person or entity acting in its capacity as trustee, agent
or other fiduciary or administrator of any such plan), excluding the Permitted Holders, shall become the “beneficial owner” (as defined in Rules 13(d)-3 and 13(d)-5 under such Act), directly or indirectly, of more than the greater of
(x) 35% of the shares outstanding of Holdings and (y) the percentage of the then outstanding voting stock of Holdings owned, directly or indirectly, beneficially by the Permitted Holders, and (B) during each period of twelve
consecutive months, the board of directors of Holdings shall consist of a majority of the Continuing Directors; or 
 (b)
any “Change of Control” (or any comparable term) in any document pertaining to the Existing Notes, the New Notes or any Junior Financing with an aggregate outstanding principal amount in excess of the Threshold Amount; or 

(c) at any time prior to a Qualifying IPO of the Company, the Company ceasing to be a directly or indirectly wholly owned
Subsidiary of Holdings. 
 “Class” (a) when used with respect to Lenders, refers to whether such Lenders are Revolving
Credit Lenders, Tranche A U.S. Term Lenders, Tranche C Term Lenders, Tranche D Term Lenders, Tranche E Term Lenders or Incremental Term Lenders, (b) when used with respect to Commitments, refers to whether such Commitments are Revolving Credit
Commitments, Incremental Term Commitments, Other Revolving Credit Commitments or Other Term Commitments and (c) when used with respect to Loans or a Borrowing, refers to whether such Loans, or the Loans comprising such Borrowing, are Revolving
Credit Loans, Tranche A U.S. Term Loans, Tranche C Term Loans, Tranche D Term Loans, Tranche E Term Loans, Incremental Term Loans, Other Revolving Credit Loans or Other Term Loans. 

“Closing Date” means August 11, 2005. 

“Code” means the U.S. Internal Revenue Code of 1986 and rules and regulations related thereto. 

“Collateral” means all the “Collateral” as defined in any Collateral Document and shall include the Mortgaged
Properties. 
 “Collateral Agent” means JPMorgan Chase Bank, in its capacity as collateral agent under any of the Loan
Documents, or any successor administrative agent. 
 “Collateral and Guarantee Requirement” means, at any time, the
requirement that: 
 (a) the Administrative Agent shall have received each Collateral Document required to be delivered on the Closing Date
pursuant to Section 4.01(a)(iii) of the Original Agreement or pursuant to Section 6.11 at such time, duly executed by each Loan Party thereto; 

  
 13 

 (b) all Obligations shall have been unconditionally guaranteed (the
“Guarantees”) by Holdings and each Restricted Subsidiary that is a Domestic Subsidiary and not an Excluded Subsidiary (each, a “Guarantor”); 

(c) [reserved]; 
 (d) all
guarantees issued or to be issued in respect of the Senior Subordinated Notes (i) shall be subordinated to the Guarantees to the same extent that the Senior Subordinated Notes are subordinated to the Obligations and (ii) shall provide for
their automatic release upon a release of the corresponding Guarantee; 
 (e) the Obligations and the Guarantees shall have been secured by
a first-priority security interest in (i) all the Equity Interests of the Company and (ii) to the extent that it does not give rise to additional Subsidiary reporting requirements under Rule 3-16 of Regulation S-X promulgated under
the Exchange Act, all Equity Interests (other than Equity Interests of Unrestricted Subsidiaries and any Equity Interest of any Restricted Subsidiary pledged to secure Indebtedness permitted under Section 7.03(g)) of each wholly owned
Subsidiary directly owned by any Guarantor; provided that pledges of Equity Interests of each Foreign Subsidiary shall be limited to 65% of the issued and outstanding Equity Interests of such Foreign Subsidiary at any time; 

(f) except to the extent otherwise permitted hereunder or under any Collateral Document, the Obligations and the Guarantees shall have been
secured by a security interest in, and mortgages on, substantially all tangible and intangible assets of Holdings, the Company and each other Guarantor (including accounts (other than deposit accounts or other bank or securities accounts and
accounts receivable and related assets subject to the Receivables Facility), inventory, equipment, investment property, contract rights, intellectual property, other general intangibles, owned real property and proceeds of the foregoing), in each
case, with the priority required by the Collateral Documents; provided that security interests in real property shall be limited to the Mortgaged Properties; 

(g) [reserved]; 
 (h)
[reserved]; 
 (i) none of the Collateral shall be subject to any Liens other than Liens permitted by Section 7.01; and 

(j) the Collateral Agent shall have received (i) counterparts of a Mortgage with respect to each owned property described on Schedule
1.01F hereto or required to be delivered pursuant to Section 6.11 (the “Mortgaged Properties”) duly executed and delivered by the record owner of such property, (ii) a policy or policies of title insurance issued by a
nationally recognized title insurance company insuring the Lien of each such Mortgage as a valid Lien on the property described therein, free of any other Liens except 

  
 14 

 
as expressly permitted by Section 7.01, together with such endorsements, coinsurance and reinsurance as the Administrative Agent may reasonably request, and (iii) such existing surveys,
existing abstracts, existing appraisals, legal opinions and other documents as the Administrative Agent may reasonably request with respect to any such Mortgaged Property. 

The foregoing definition shall not require the creation or perfection of pledges of or security interests in, or the obtaining of title
insurance or surveys with respect to, particular assets if and for so long as, in the reasonable judgment of the Administrative Agent (confirmed in writing by notice to the Company), the cost of creating or perfecting such pledges or security
interests in such assets or obtaining title insurance or surveys in respect of such assets shall be excessive in view of the benefits to be obtained by the Lenders therefrom. The Administrative Agent may grant extensions of time for the perfection
of security interests in or the obtaining of title insurance with respect to particular assets where it reasonably determines, in consultation with the Company, that perfection cannot be accomplished without undue effort or expense by the time or
times at which it would otherwise be required by this Agreement or the Collateral Documents. 
 Notwithstanding the foregoing provisions of
this definition or anything in this Agreement or any other Loan Document to the contrary, (a) with respect to leases of real property entered into by the Company or any other Guarantor prior to the Closing Date, the Company shall not be
required to take any action with respect to creation or perfection of security interests with respect to such leases prior to the Closing Date and (b) Liens required to be granted from time to time pursuant to the Collateral and Guarantee
Requirement shall be subject to exceptions and limitations set forth in the Collateral Documents as in effect on the Closing Date and, to the extent appropriate in the applicable jurisdiction, as agreed between the Administrative Agent and the
Company. 
 “Collateral Documents” means, collectively, the Security Agreement, the Intellectual Property Security
Agreement, the Mortgages, the First Refinancing Amendment Reaffirmation Agreement, the Fourth Amendment Reaffirmation Agreement, the Fifth Amendment Reaffirmation Agreement, the Sixth Amendment Reaffirmation Agreement, the Seventh Amendment
Reaffirmation Agreement, each of the mortgages, Security Agreement Supplements, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent and the Lenders pursuant to Section 6.11 or
Section 6.13, the Guaranty and each of the other agreements, instruments or documents that creates or purports to create a Lien or Guarantee in favor of the Administrative Agent for the benefit of the Secured Parties. 

“Commitment” means an Incremental Term Commitment or a Revolving Credit Commitment, as the context may require. 

“Committed Loan Notice” means a notice of (a) a Term Borrowing, (b) a Revolving Credit Borrowing, (c) a
conversion of Loans from one Type to the other or (d) a continuation of Eurocurrency Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A. 

  
 15 

 “Company” has the meaning specified in the introductory paragraph to this
Agreement and includes the surviving company of the merger between Solar Capital Corp. and SunGard consummated on the Closing Date. 

“Company Exchange Agreement” has the meaning specified in the definition of “AS Separation Transactions”. 

“Compensation Period” has the meaning specified in Section 2.12(c)(ii). 

“Compliance Certificate” means a certificate substantially in the form of Exhibit D. 

“Consolidated EBITDA” means, for any period, the Consolidated Net Income for such period, plus: 

(a) without duplication and to the extent already deducted (and not added back) in arriving at such Consolidated Net Income, the sum of the
following amounts for such period: 
 (i) total interest expense (other than any portion thereof related to (A) the
Receivables Facility and (B) the Broker-Dealer Facility to the extent the aggregate principal amount of Indebtedness incurred under the Broker-Dealer Facility is not in excess of $20,000,000) and, to the extent not reflected in such total
interest expense, any losses on hedging obligations or other derivative instruments entered into for the purpose of hedging interest rate risk, net of interest income and gains on such hedging obligations, and costs of surety bonds in connection
with financing activities, 
 (ii) provision for taxes based on income, profits or capital of the Company and the Restricted
Subsidiaries, including state, franchise and similar taxes (such as the Pennsylvania capital tax) and foreign withholding taxes paid or accrued during such period, 

(iii) depreciation and amortization (including amortization of Capitalized Software Expenditures), 

(iv) Non-Cash Charges, 

(v) extraordinary losses and unusual or non-recurring charges, severance, relocation costs and curtailments or modifications to
pension and post-retirement employee benefit plans, 
 (vi) restructuring charges or reserves (including restructuring costs
related to acquisitions after the Closing Date and to closure/consolidation of facilities), 

  
 16 

 (vii) any deductions attributable to minority interests, 

(viii) the amount of management, monitoring, consulting and advisory fees and related expenses paid to the Sponsors, 

(ix) any costs or expenses incurred by the Company or a Restricted Subsidiary pursuant to any management equity plan or stock
option plan or any other management or employee benefit plan or agreement or any stock subscription or shareholder agreement, to the extent that such costs or expenses are funded with cash proceeds contributed to the capital of the Company or net
cash proceeds of an issuance of Equity Interests of the Company (other than Disqualified Equity Interests); and 
 (x) the
amount of net cost savings projected by the Company in good faith to be realized as a result of specified actions taken during such period (calculated on a pro forma basis as though such cost savings had been realized on the first day of such
period), net of the amount of actual benefits realized during such period from such actions; provided that (A) such cost savings are reasonably identifiable and factually supportable, (B) such actions are taken within 36 months
after the Closing Date, (C) no cost savings shall be added pursuant to this clause (x) to the extent duplicative of any expenses or charges relating to such cost savings that are included in clause (vi) above with respect to such
period and (D) the aggregate amount of cost savings added pursuant to this clause (x) shall not exceed $100,000,000 for any period consisting of four consecutive quarters, less 

(b) without duplication and to the extent included in arriving at such Consolidated Net Income, the sum of the following amounts for such
period: 
 (i) extraordinary gains and unusual or non-recurring gains, 

(ii) non-cash gains (excluding any non-cash gain to the extent it represents the reversal of an accrual or reserve for a
potential cash item that reduced Consolidated EBITDA in any prior period), 
 (iii) gains on asset sales (other than asset
sales in the ordinary course of business), 
 (iv) any net after-tax income from the early extinguishment of Indebtedness or
hedging obligations or other derivative instruments, and 
 (v) all gains from investments recorded using the equity method,

 in each case, as determined on a consolidated basis for the Company and the Restricted Subsidiaries in accordance with GAAP; provided that, to the
extent included in Consolidated Net Income, 
 (i) there shall be excluded in determining Consolidated EBITDA currency
translation gains and losses related to currency remeasurements of Indebtedness (including the net loss or gain resulting from Swap Contracts for currency exchange risk), 

  
 17 

 (ii) there shall be excluded in determining Consolidated EBITDA for any period
any adjustments resulting from the application of Statement of Financial Accounting Standards No. 133, and 
 (iii)
there shall be included in determining Consolidated EBITDA for any period, without duplication, (A) the Acquired EBITDA of any Person, property, business or asset acquired by the Company or any Restricted Subsidiary during such period (but not
the Acquired EBITDA of any related Person, property, business or assets to the extent not so acquired), to the extent not subsequently sold, transferred or otherwise disposed by the Company or such Restricted Subsidiary (each such Person, property,
business or asset acquired and not subsequently so disposed of, an “Acquired Entity or Business”), based on the actual Acquired EBITDA of such Acquired Entity or Business for such period (including the portion thereof occurring
prior to such acquisition) and (B) for the purposes of the definition of the term “Permitted Acquisition” and Section 7.11, an adjustment in respect of each Acquired Entity or Business equal to the amount of the Pro Forma
Adjustment with respect to such Acquired Entity or Business for such period (including the portion thereof occurring prior to such acquisition) as specified in a certificate executed by a Responsible Officer and delivered to the Lenders and the
Administrative Agent and (C) for purposes of determining the Total Leverage Ratio or Total Secured Leverage Ratio only, there shall be excluded in determining Consolidated EBITDA for any period the Disposed EBITDA of any Person, property,
business or asset sold, transferred or otherwise disposed of (including pursuant to a spin-off or spin-out transaction) or closed, by the Company or any Restricted Subsidiary during such period (each such Person, property, business or asset so sold
or disposed of, a “Sold Entity or Business”), based on the actual Disposed EBITDA of such Sold Entity or Business for such period (including the portion thereof occurring prior to such sale, transfer or disposition). 

For the purpose of the definition of Consolidated EBITDA, “Non-Cash Charges” means (a) losses on asset sales, disposals or abandonments,
(b) any impairment charge or asset write-off related to intangible assets, long-lived assets, and investments in debt and equity securities pursuant to GAAP, (c) all losses from investments recorded using the equity method,
(d) stock-based awards compensation expense and (e) other non-cash charges (provided that if any non-cash charges referred to in this clause (e) represent an accrual or reserve for potential cash items in any future period, the
cash payment in respect thereof in such future period shall be subtracted from Consolidated EBITDA to such extent, and excluding amortization of a prepaid cash item that was paid in a prior period). 

“Consolidated Lease Expense” means, for any period, all rental expenses of the Company and the Restricted Subsidiaries during
such period under operating leases for real or personal property (including in connection with sale-leaseback transactions permitted by Section 7.05(f)), excluding real estate taxes, insurance costs and common

  
 18 

 
area maintenance charges and net of sublease income, other than (a) obligations under vehicle leases entered into in the ordinary course of business, (b) all such rental expenses
associated with assets acquired pursuant to a Permitted Acquisition to the extent such rental expenses relate to operating leases in effect at the time of (and immediately prior to) such acquisition and related to periods prior to such acquisition
and (c) all obligations under Capitalized Leases, all as determined on a consolidated basis in accordance with GAAP. 

“Consolidated Net Income” means, for any period, the net income (loss) of the Company and the Restricted Subsidiaries for
such period determined on a consolidated basis in accordance with GAAP, excluding, without duplication, (a) extraordinary items for such period, (b) the cumulative effect of a change in accounting principles during such period to the
extent included in Consolidated Net Income, (c) in the case of any period that includes a period ending prior to or during the fiscal year ending December 31, 2005, Transaction Expenses, (d) any fees and expenses incurred during such
period, or any amortization thereof for such period, in connection with any acquisition, investment, asset disposition, issuance or repayment of debt, issuance of equity securities, refinancing transaction or amendment or other modification of any
debt instrument (in each case, including any such transaction consummated prior to the Closing Date and any such transaction undertaken but not completed) and any charges or non-recurring merger costs incurred during such period as a result of any
such transaction, (e) any income (loss) for such period attributable to the early extinguishment of Indebtedness and (f) accruals and reserves that are established within twelve months after the Closing Date that are so required to be
established as a result of the Transaction in accordance with GAAP. There shall be excluded from Consolidated Net Income for any period the purchase accounting effects of adjustments to property and equipment, software and other intangible assets
and deferred revenue in component amounts required or permitted by GAAP and related authoritative pronouncements (including the effects of such adjustments pushed down to Holdings, the Company and the Restricted Subsidiaries), as a result of the
Transaction, any acquisition consummated prior to the Closing Date, any Permitted Acquisitions, or the amortization or write-off of any amounts thereof. 

“Consolidated Total Debt” means, as of any date of determination, (a) the aggregate principal amount of Indebtedness of
the Company and the Restricted Subsidiaries outstanding on such date, determined on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting in
connection with the Transaction or any Permitted Acquisition), consisting of Indebtedness for borrowed money, obligations in respect of Capitalized Leases and debt obligations evidenced by promissory notes or similar instruments (and excluding, for
the avoidance of doubt, all Indebtedness outstanding under or in respect of (i) the Receivables Facility and (ii) the Broker-Dealer Facility to the extent the aggregate principal amount of Indebtedness incurred under the Broker-Dealer
Facility is not in excess of $20,000,000), minus (b) the aggregate amount of cash and Cash Equivalents (in each case, free and clear of all Liens, other than nonconsensual Liens permitted by Section 7.01 and Liens permitted by
Section 7.01(s) and clauses (i) and (ii) of Section 7.01(u)) in excess of $50,000,000 included in the consolidated balance sheet of the Company and the Restricted Subsidiaries as of such date. 

  
 19 

 “Consolidated Total Secured Debt” means, as of any date of determination,
(a) the aggregate principal amount of Indebtedness of the Company and the Restricted Subsidiaries outstanding on such date that is secured by Liens on any property or assets of Holdings, the Company or any of the Restricted Subsidiaries,
determined on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting in connection with the Transaction or any Permitted Acquisition),
consisting of Indebtedness for borrowed money and debt obligations in excess of $20,000,000 evidenced by promissory notes or similar instruments (and excluding, for the avoidance of doubt, all Indebtedness outstanding under or in respect of
(i) the Receivables Facility, (ii) the Broker-Dealer Facility to the extent the aggregate principal amount of Indebtedness incurred under the Broker-Dealer Facility is not in excess of $20,000,000 and (iii) obligations in respect of
Capitalized Leases) as of such date minus (b) the aggregate amount of cash and Cash Equivalents (in each case, free and clear of all Liens, other than nonconsensual Liens permitted by Section 7.01 and Liens permitted by
Section 7.01(s) and clauses (i) and (ii) of Section 7.01(u)) in excess of $50,000,000 of the Company and the Restricted Subsidiaries as of such date. 

“Consolidated Working Capital” means, at any date, the excess of (a) the sum of all amounts (other than cash and Cash
Equivalents) that would, in conformity with GAAP, be set forth opposite the caption “total current assets” (or any like caption) on a consolidated balance sheet of the Company and the Restricted Subsidiaries at such date over (b) the
sum of all amounts that would, in conformity with GAAP, be set forth opposite the caption “total current liabilities” (or any like caption) on a consolidated balance sheet of the Company and the Restricted Subsidiaries on such date,
including deferred revenue but excluding, without duplication, (i) the current portion of any Funded Debt, (ii) all Indebtedness consisting of Loans and L/C Obligations to the extent otherwise included therein, (iii) the current
portion of interest, (iv) the current portion of current and deferred income taxes and (v) any changes in current assets or current liabilities as a result of reclassification in accordance with GAAP or the effects of purchase accounting.

 “Continuing Directors” means the directors of Holdings on the Closing Date, as elected or appointed after giving effect
to the Merger and the other transactions contemplated thereby, and each other director, if, in each case, such other directors’ nomination for election to the board of directors of Holdings (or the Company after a Qualifying IPO of the Company)
is recommended by a majority of the then Continuing Directors or such other director receives the vote of the Permitted Holders in his or her election by the stockholders of Holdings (or the Company after a Qualifying IPO of the Company). 

“Contract Consideration” has the meaning set forth in the definition of “Excess Cash Flow”. 

  
 20 

 “Contractual Obligation” means, as to any Person, any provision of any security
issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

“Control” has the meaning specified in the definition of “Affiliate.” 

“Credit Agreement Refinancing Indebtedness” means (a) Permitted First Priority Refinancing Debt, (b) Permitted
Second Priority Refinancing Debt, (c) Permitted Unsecured Refinancing Debt or (d) Indebtedness incurred or Other Revolving Credit Commitments obtained pursuant to a Refinancing Amendment, in each case, issued, incurred or otherwise
obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans or (in the case of Other Revolving Credit Commitments obtained
pursuant to a Refinancing Amendment) Revolving Credit Commitments hereunder (including any successive Credit Agreement Refinancing Indebtedness) (“Refinanced Debt”); provided that (i) such extending, renewing or
refinancing Indebtedness (including, if such Indebtedness includes any Other Revolving Credit Commitments, the unused portion of such Other Revolving Credit Commitments) is in an original aggregate principal amount not greater than the aggregate
principal amount of the Refinanced Debt (and, in the case of Refinanced Debt consisting, in whole or in part, of unused Revolving Credit Commitments or Other Revolving Credit Commitments, the amount thereof), (ii) such Indebtedness has the same
or a later maturity and, except in the case of Other Revolving Credit Commitments, a Weighted Average Life to Maturity equal to or greater than the Refinanced Debt and (iii) such Refinanced Debt shall be repaid, defeased or satisfied and
discharged, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained; provided that to the extent that such
Refinanced Debt consists, in whole or in part, of Revolving Credit Commitments or Other Revolving Credit Commitments (or Revolving Credit Loans, Other Revolving Credit Loans or Swing Line Loans incurred pursuant to any Revolving Credit Commitments
or Other Revolving Credit Commitments), such Revolving Credit Commitments or Other Revolving Credit Commitments, as applicable, shall be terminated, and all accrued fees in connection therewith shall be paid, on the date such Credit Agreement
Refinancing Indebtedness is issued, incurred or obtained. 
 “Credit Extension” means each of the following: (a) a
Borrowing and (b) an L/C Credit Extension. 
 “Cumulative Excess Cash Flow” has the meaning specified in
Section 7.06(i). 
 “Debt Fund Affiliate” means any fund managed by, or under common management with, any Sponsor that
is a bona fide debt fund or an investment vehicle that is primarily engaged in the making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit in the ordinary course and with respect to which no
Sponsor, directly or indirectly, possesses the power to direct or cause the direction of the investment policies of such entity. 

  
 21 

 “Debt Issuance” means the issuance by any Person and its Subsidiaries of any
Indebtedness for borrowed money. 
 “Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other
liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to
time in effect and affecting the rights of creditors generally (including, in the case of Loan Parties incorporated or organized in England or Wales, administration, administrative receivership, voluntary arrangement and schemes of arrangement).

 “Default” means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the
passage of time, or both, would be an Event of Default. 
 “Default Rate” means an interest rate equal to (a) the Base
Rate plus (b) the Applicable Rate, if any, applicable to Base Rate Loans plus (c) 2.0% per annum; provided that with respect to a Eurocurrency Rate Loan, the Default Rate shall be an interest rate equal to the interest rate
(including any Applicable Rate and any Mandatory Cost) otherwise applicable to such Loan plus 2.0% per annum, in each case, to the fullest extent permitted by applicable Laws. 

“Defaulting Lender” means any Lender that (a) has failed to fund any portion of the U.S. Term Loans, Revolving Credit
Loans, participations in L/C Obligations or participations in Swing Line Loans required to be funded by it hereunder within one Business Day of the date required to be funded by it hereunder, unless the subject of a good faith dispute or
subsequently cured, (b) has notified the Administrative Agent, the applicable L/C Issuer, the Swing Line Lender, any Lender and/or the Borrower in writing that it does not intend to comply with any of its funding obligations under this
Agreement or has made a public statement to the effect that it does not intend to comply with its funding obligations under this Agreement or generally under other agreements in which it commits to extend credit (unless such writing or public
statement states that such position is based on such Lender’s determination that a condition precedent to funding (which condition precedent, together with the applicable default, if any, shall be specifically identified in such writing or
public statement) cannot be satisfied), (c) has failed, within one Business Day after request by the Administrative Agent or the Borrower, to confirm that it will comply with the terms of this Agreement relating to its obligations to fund
prospective Loans and participations in then outstanding Letters of Credit and Swing Line Loans (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon a later receipt by the Administrative Agent of
such Lender’s written confirmation), (d) has otherwise failed to pay over to the Administrative Agent or any other Lender any other amount required to be paid by it hereunder within one Business Day of the date when due, unless the subject
of a good faith dispute or subsequently cured, or (e) in the case of a Lender that has a Commitment, L/C Obligations or Swing Line Obligations outstanding at such time, shall take, or is the Subsidiary of any person that has taken, any action
or be (or is) the subject of any action or proceeding of a type described in Section 8.01(f) or (g) (or any comparable proceeding 

  
 22 

 
initiated by a regulatory authority having jurisdiction over such Lender or such person); provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or
acquisition of any Equity Interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts
within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender.

 “Designated Non-Cash Consideration” means the fair market value of non-cash consideration received by the Company or a
Restricted Subsidiary in connection with a Disposition pursuant to Section 7.05(k) that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer, setting forth the basis of such valuation (which
amount will be reduced by the fair market value of the portion of the non-cash consideration converted to cash within 180 days following the consummation of the applicable Disposition). 

“Designated Obligations” means all obligations of the Borrower with respect to (a) principal of and interest on the
Loans, (b) Unreimbursed Amounts and interest thereon and (c) accrued and unpaid fees under the Loan Documents. 

“Disposed EBITDA” means, with respect to any Sold Entity or Business for any period, the amount for such period of
Consolidated EBITDA of such Sold Entity or Business (determined as if references to the Company and the Restricted Subsidiaries in the definition of Consolidated EBITDA were references to such Sold Entity or Business and its Subsidiaries), all as
determined on a consolidated basis for such Sold Entity or Business. 
 “Disposition” or “Dispose” means
the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction, any sale of Equity Interests and any spin-off or spin-out transaction) of any property by any Person, including any sale, assignment, transfer or
other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith; provided that “Disposition” and “Dispose” shall not be deemed to include any issuance by Holdings
of any of its Equity Interests to another Person. 
 “Disqualified Equity Interests” means any Equity Interest which, by
its terms (or by the terms of any security or other Equity Interests into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for
Qualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event
shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Commitments), (b) is redeemable at the option of the holder thereof (other than solely for Qualified
Equity Interests), in whole or in part, (c) provides for the scheduled payments of dividends in cash or (d) is or becomes convertible into or 

  
 23 

 
exchangeable for Indebtedness or any other Equity Interests that would constitute Disqualified Equity Interests, in each case, prior to the date that is 91 days after the Latest Maturity Date of
the Term Loans as in effect at the time of the issuance of such Equity Interest. 
 “Dollar” and “$” mean
lawful money of the United States. 
 “Dollar Amount” means, on any date of determination, (a) with respect to any
amount in Dollars, such amount and (b) with respect to any amount in any Alternative Currency, the equivalent in Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.08 and Section 2.03(l) using the
Exchange Rate with respect to such currency at the time in effect for such amount under the provisions of Section 1.08. 

“Domestic Subsidiary” means any Subsidiary that is organized under the Laws of the United States, any state thereof or the
District of Columbia. 
 “Eligible Assignee” means any Assignee permitted by and consented to in accordance with
Section 10.07(b) other than, except to the extent permitted under Sections 2.17, 10.07(k) or 10.07(l), Holdings, the Borrower, any other Subsidiary or any other Affiliate of Holdings. 

“EMU Legislation” means the legislative measures of the European Council for the introduction of, changeover to or operation
of a single or unified European currency. 
 “Environmental Laws” means any and all Federal, state, local, and foreign
statutes, Laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution, the protection of the environment, natural resources, or,
to the extent relating to exposure to Hazardous Materials, human health or to the release of any materials into the environment, including those related to hazardous substances or wastes, air emissions and discharges to waste or public systems. 

“Environmental Liability” means any liability, contingent or otherwise (including any liability for damages, costs of
environmental remediation, fines, penalties or indemnities), of the Company, any other Loan Party or any of their respective Subsidiaries directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the
generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or
(e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Environmental Permit” means any permit, approval, identification number, license or other authorization required under any
Environmental Law. 

  
 24 

 “Equity Contributions” means, collectively, (a) the contribution by the
Equity Investors of an aggregate amount of cash (together with the aggregate value of options to purchase Equity Interests of the Company held by Management Stockholders that are rolled over in connection with the Transactions) of not less than
$3,000,000,000 to Solar Capital Corp., Holdings or one or more direct or indirect holding company parents of Holdings, and (b) the further contribution to the Company of any portion of such cash contribution proceeds not directly received by
the Company or used by Holdings to pay Transaction Expenses. 
 “Equity Interests” means, with respect to any Person, all
of the shares, interests, rights, participations or other equivalents (however designated) of capital stock of (or other ownership or profit interests or units in) such Person and all of the warrants, options or other rights for the purchase,
acquisition or exchange from such Person of any of the foregoing (including through convertible securities). 
 “Equity
Investors” means the Sponsors and the Management Stockholders. 
 “ERISA” means the Employee Retirement Income
Security Act of 1974, as amended from time to time. 
 “ERISA Affiliate” means any trade or business (whether or not
incorporated) that is under common control with any Loan Party within the meaning of Section 414 of the Code or Section 4001 of ERISA. 

“ERISA Event” means (a) a Reportable Event with respect to a Pension Plan, (b) a withdrawal by any Loan Party or
any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations that is treated as such a
withdrawal under Section 4062(e) of ERISA, (c) a complete or partial withdrawal by any Loan Party or any ERISA Affiliate from a Multiemployer Plan or notification that a Multiemployer Plan is in reorganization, (d) the filing of a
notice of intent to terminate, the treatment of a Plan amendment as a termination under Sections 4041 or 4041A of ERISA, or the commencement of proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan, (e) an event or condition
which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan or Multiemployer Plan or (f) the imposition of any liability under Title IV of ERISA, other than
for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon any Loan Party or any ERISA Affiliate. 

“Euro” and “EUR” means the lawful currency of the Participating Member States introduced in accordance with
EMU Legislation. 

  
 25 

 “Eurocurrency Rate” means, for any Interest Period with respect to any
Eurocurrency Rate Loan: 
 (a) the rate per annum equal to the rate determined by the Administrative Agent to be the offered
rate that appears on the Reuters Screen “LIBOR1” page (or any successor thereto) that displays the rate for deposits in Dollars (for delivery on the first day of such Interest Period) in the London interbank market with a term equivalent
to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period, or, if different, the date on which quotations would customarily be provided by leading banks in the
London Interbank Market for deposits of amounts in Dollars for delivery on the first day of such Interest Period, or 
 (b)
if the rate referenced in the preceding clause (a) does not appear on such page or service or such page or service shall not be available, the rate per annum equal to the rate determined by the Administrative Agent to be the offered rate on
such other page or other service that displays the rate for deposits in Dollars (for delivery on the first day of such Interest Period) in the London interbank market with a term equivalent to such Interest Period, determined as of approximately
11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period, or, if different, the date on which quotations would customarily be provided by leading banks in the London Interbank Market for deposits of amounts in
Dollars for delivery on the first day of such Interest Period, or 
 (c) if the rates referenced in the preceding clauses
(a) and (b) are not available, the rate per annum determined by the Administrative Agent as the rate of interest at which deposits in Dollars for delivery on the first day of such Interest Period in Same Day Funds in the approximate amount
of the Eurocurrency Rate Loan being made, continued or converted by JPMorgan Chase Bank and with a term equivalent to such Interest Period would be offered by JPMorgan Chase Bank’s London Branch to major banks in the London interbank eurodollar
market at their request at approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period or, if different, the date on which quotations would customarily be provided by leading banks in the London Interbank
Market for deposits of amounts in Dollars for delivery on the first day of such Interest Period. 
 Notwithstanding anything to the contrary
herein, the Eurocurrency Rate on each day (i) with respect to the Tranche D Term Loans shall not be less than 1.00%, and (ii) with respect to the Tranche E Term Loans shall not be less than 1.00%. 

“Eurocurrency Rate Loan” means a Loan that bears interest at a rate based on the Eurocurrency Rate. 

  
 26 

 “Event of Default” has the meaning specified in Section 8.01. 

“Excess Cash Flow” means, for any period, an amount equal to the excess of: 

(a) the sum, without duplication, of: 

(i) Consolidated Net Income for such period, 

(ii) an amount equal to the amount of all non-cash charges to the extent deducted in arriving at such Consolidated Net Income, 

(iii) decreases in Consolidated Working Capital and long-term account receivables for such period (other than any such decreases arising from
acquisitions by the Company and the Restricted Subsidiaries completed during such period), and 
 (iv) an amount equal to the aggregate net
non-cash loss on Dispositions by the Company and the Restricted Subsidiaries during such period (other than Dispositions in the ordinary course of business) to the extent deducted in arriving at such Consolidated Net Income; over 

(b) the sum, without duplication, of: 

(i) an amount equal to the amount of all non-cash credits included in arriving at such Consolidated Net Income and cash charges included in
clauses (a) through (f) of the definition of Consolidated Net Income, 
 (ii) without duplication of amounts deducted pursuant to
clause (xi) below in prior fiscal years, the amount of Capital Expenditures made in cash or accrued during such period, except to the extent that such Capital Expenditures were financed with the proceeds of Indebtedness of the Company or the
Restricted Subsidiaries, 
 (iii) the aggregate amount of all principal payments of Indebtedness of the Company and the Restricted
Subsidiaries (including (A) the principal component of payments in respect of Capitalized Leases and (B) the amount of any mandatory prepayment of Term Loans pursuant to Section 2.05(b)(ii) to the extent required due to a Disposition
that resulted in an increase to Consolidated Net Income and not in excess of the amount of such increase but excluding (X) all other prepayments of Term Loans and (Y) all prepayments of Revolving Credit Loans and Swing Line Loans) made
during such period (other than in respect of any revolving credit facility to the extent there is not an equivalent permanent reduction in commitments thereunder), except to the extent financed with the proceeds of other Indebtedness of the Company
or the Restricted Subsidiaries, 
 (iv) an amount equal to the aggregate net non-cash gain on Dispositions by the Company and the Restricted
Subsidiaries during such period (other than Dispositions in the ordinary course of business) to the extent included in arriving at such Consolidated Net Income, 

  
 27 

 (v) increases in Consolidated Working Capital and long-term account receivables for such
period (other than any such increases arising from acquisitions by the Company and the Restricted Subsidiaries during such period), 

(vi) cash payments by the Company and the Restricted Subsidiaries during such period in respect of long-term liabilities of the Company
and the Restricted Subsidiaries other than Indebtedness, 
 (vii) without duplication of amounts deducted pursuant to clause
(xi) below in prior fiscal years, the amount of Investments and acquisitions made during such period pursuant to Section 7.02 (other than Section 7.02(a)) to the extent that such Investments and acquisitions were financed with
internally generated cash flow of the Company and the Restricted Subsidiaries, 
 (viii) the amount of Restricted Payments paid during
such period pursuant to Section 7.06(i) to the extent such Restricted Payments were financed with internally generated cash flow of the Company and the Restricted Subsidiaries, 

(ix) the aggregate amount of expenditures actually made by the Company and the Restricted Subsidiaries in cash during such period
(including expenditures for the payment of financing fees) to the extent that such expenditures are not expensed during such period, 

(x) the aggregate amount of any premium, make-whole or penalty payments actually paid in cash by the Company and the Restricted
Subsidiaries during such period that are required to be made in connection with any prepayment of Indebtedness, 
 (xi) without duplication
of amounts deducted from Excess Cash Flow in prior periods, the aggregate consideration required to be paid in cash by the Company or any of the Restricted Subsidiaries pursuant to binding contracts (the “Contract Consideration”)
entered into prior to or during such period relating to Permitted Acquisitions or Capital Expenditures to be consummated or made during the period of four consecutive fiscal quarters of the Company following the end of such period; provided
that to the extent the aggregate amount of internally generated cash actually utilized to finance such Permitted Acquisitions during such period of four consecutive fiscal quarters is less than the Contract Consideration, the amount of such
shortfall shall be added to the calculation of Excess Cash Flow at the end of such period of four consecutive fiscal quarters, and 
 (xii)
the amount of cash taxes paid in such period to the extent they exceed the amount of tax expense deducted in determining Consolidated Net Income for such period. 

“Exchange Act” means the Securities Exchange Act of 1934. 

“Exchange Rate” means on any day with respect to any currency other than Dollars, the rate at which such currency may be
exchanged into Dollars, as set forth 

  
 28 

 
at approximately 11:00 a.m. (London time) on such day on the Reuters World Currency Page for such currency; in the event that such rate does not appear on any Reuters World Currency Page,
the Exchange Rate shall be determined by reference to such other publicly available service for displaying exchange rates as may be agreed upon by the Administrative Agent and the Company, or, in the absence of such agreement, such Exchange Rate
shall instead be the arithmetic average of the spot rates of exchange of the Administrative Agent in the market where its foreign currency exchange operations in respect of such currency are then being conducted, at or about 10:00 a.m. (New
York City time) on such date for the purchase of Dollars for delivery two Business Days later. 
 “Excluded
Subsidiary” means (a) any Subsidiary that is not a wholly owned Subsidiary, (b) any Receivables Subsidiary, (c) each Subsidiary listed on Schedule 1.01G hereto, (d) any Subsidiary that is prohibited by applicable Law
from guaranteeing the Obligations, (e) any Domestic Subsidiary that is a Subsidiary of a Foreign Subsidiary, (f) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition financed with secured Indebtedness incurred pursuant to
Section 7.03(g) and each Restricted Subsidiary thereof that guarantees such Indebtedness; provided that each such Restricted Subsidiary shall cease to be an Excluded Subsidiary under this clause (f) if such secured Indebtedness is
repaid or becomes unsecured or if such Restricted Subsidiary ceases to guarantee such secured Indebtedness, as applicable, (g) each Broker-Dealer Subsidiary and (h) any other Subsidiary with respect to which, in the reasonable judgment of
the Administrative Agent (confirmed in writing by notice to the Company), the cost or other consequences (including any adverse tax consequences) of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders
therefrom. 
 “Existing Letters of Credit” means each Letter of Credit outstanding under this Agreement as this Agreement
was in effect immediately prior to the Seventh Amendment Effective Date. 
 “Existing Notes” means $250,000,000 aggregate
principal amount of the Company’s 4.875% senior notes due 2014. 
 “Existing Notes Documentation” means the Existing
Notes, the Existing Notes Indenture and all other documents executed and delivered with respect to the Existing Notes. 
 “Existing
Notes Indenture” means the Indenture for the Existing Notes, dated as of January 15, 2004. 
 “External
Split-Off” has the meaning specified in the definition of “AS Separation Transactions”. 
 “Facility”
means the Tranche A U.S. Term Loans, the Tranche C Term Loans, the Tranche D Term Loans, the Tranche E Term Loans, the Incremental Term Loans, if any, the Revolving Credit Facility, the Swing Line Sublimit or the Letter of Credit Sublimit, as the
context may require. 

  
 29 

 “FATCA” means Sections 1471 through 1474 of the Code, as of the Sixth Amendment
Effective Date (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to
Section 1471(b)(1) of the Code. 
 “Federal Funds Rate” means, for any day, the rate per annum equal to the weighted
average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank on the Business Day next succeeding such day;
provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day and (b) if no
such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to JPMorgan Chase Bank on such day on such
transactions as determined by the Administrative Agent. 
 “Fifth Amendment” means the Fifth Amendment to this Agreement
dated as of December 17, 2012, among Holdings, the Borrower, the Lenders party thereto and the Administrative Agent. 
 “Fifth
Amendment Effective Date” means December 17, 2012. 
 “Fifth Amendment Reaffirmation Agreement” means the
Reaffirmation Agreement dated as of the Fifth Amendment Effective Date, among Holdings, the Subsidiaries of Holdings party thereto and the Administrative Agent. 

“Financial Covenant Applicability Condition” means any date when (a) the Revolving Credit Exposures of all Revolving
Credit Lenders minus the lesser of (x) the amount of outstanding Letters of Credit and (y) $25,000,000, is equal to or greater than (b) an amount equal to 25% of the aggregate Revolving Credit Commitments (excluding the Revolving
Credit Commitments of Defaulting Lenders). 
 “First Amendment” means the First Amendment dated as of February 28,
2007, to this Agreement. 
 “First Amendment Effective Date” means the date on which the First Amendment became effective
in accordance with Section 4 thereof. 
 “First Internal Spin-Off” has the meaning specified in the definition of
“Internal Spin-Offs”. 
 “First Lien Intercreditor Agreement” means the First Lien Intercreditor Agreement
substantially in the form of Exhibit N among the Administrative Agent, the Collateral Agent and one or more Senior Representatives for holders of Permitted First Priority Refinancing Debt, with such modifications thereto as the Administrative Agent
may reasonably agree. 

  
 30 

 “First Refinancing Amendment” means the First Refinancing Amendment to this
Agreement dated as of January 31, 2011, among Holdings, the Borrower, the Incremental Term Lenders party thereto and the Administrative Agent. 

“First Refinancing Amendment Effective Date” has the meaning assigned thereto in the First Refinancing Amendment. 

“First Refinancing Amendment Reaffirmation Agreement” means the Reaffirmation Agreement dated as of January 31, 2011,
among Holdings, the Subsidiaries of Holdings party thereto and the Administrative Agent. 
 “Foreign Lender” has the
meaning specified in Section 10.15(a)(i). 
 “Foreign Subsidiary” means any direct or indirect Restricted Subsidiary
of the Company which (a) is not a Domestic Subsidiary or (b) is set forth on Schedule 1.01H. 
 “Fourth
Amendment” means the Fourth Amendment to this Agreement dated as of March 2, 2012, among Holdings, the Borrower, the Lenders party thereto and the Administrative Agent. 

“Fourth Amendment Effective Date” means March 2, 2012. 

“Fourth Amendment Reaffirmation Agreement” means the Reaffirmation Agreement dated as of the Fourth Amendment Effective Date,
among Holdings, the Subsidiaries of Holdings party thereto and the Administrative Agent. 
 “FRB” means the Board of
Governors of the Federal Reserve System of the United States. 
 “Fund” means any Person (other than a natural person) that
is engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course. 

“Funded Debt” means all Indebtedness of the Company and the Restricted Subsidiaries for borrowed money that matures more than
one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that
obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans. 

“GAAP” means generally accepted accounting principles in the United States of America, as in effect from time to time;
provided, however, that if the Company notifies the Administrative Agent that the Company requests an amendment to any provision hereof to eliminate the effect of any change occurring after the Closing Date in GAAP or in the application
thereof on the operation of such provision (or if the Administrative Agent notifies the Company that the Required Lenders request an 

  
 31 

 
amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be
interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith. 

“Governmental Authority” means any nation or government, any state or other political subdivision thereof, any agency,
authority, instrumentality, regulatory body, court, administrative tribunal, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government. 

“Granting Lender” has the meaning specified in Section 10.07(h). 

“Guarantee” means, as to any Person, without duplication, (a) any obligation, contingent or otherwise, of such Person
guaranteeing or having the economic effect of guaranteeing any Indebtedness or other monetary obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any
obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other monetary obligation, (ii) to purchase or lease property, securities or services
for the purpose of assuring the obligee in respect of such Indebtedness or other monetary obligation of the payment or performance of such Indebtedness or other monetary obligation, (iii) to maintain working capital, equity capital or any other
financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other monetary obligation, or (iv) entered into for the purpose of assuring in any
other manner the obligee in respect of such Indebtedness or other monetary obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such
Person securing any Indebtedness or other monetary obligation of any other Person, whether or not such Indebtedness or other monetary obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to
obtain any such Lien); provided that the term “Guarantee” shall not include endorsements for collection or deposit, in either case in the ordinary course of business, or customary and reasonable indemnity obligations in effect on
the Closing Date or entered into in connection with any acquisition or disposition of assets permitted under this Agreement (other than such obligations with respect to Indebtedness). The amount of any Guarantee shall be deemed to be an amount equal
to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined
by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning. 

“Guarantors” has the meaning set forth in the definition of “Collateral and Guarantee Requirement”. 

  
 32 

 “Guaranty” means, collectively, the Holdings Guaranty and the Subsidiary
Guaranty. 
 “Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic
substances, wastes or pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature regulated
pursuant to any Environmental Law. 
 “Hedge Bank” means any Person that is a Lender or an Affiliate of a Lender at the
time it enters into a Secured Hedge Agreement, in its capacity as a party thereto. 
 “Holding Corp.” means SunGard
Holding Corp., a Delaware corporation. 
 “Holdings” means SunGard HoldCo LLC, a Delaware limited liability company which
is a disregarded entity subsidiary of Holding Corp. for U.S. federal income tax purposes. 
 “Holdings Guaranty” means the
Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties and attached hereto as Exhibit F-1. 

“Holdings Restricted Payments Election” has the meaning specified in Section 7.06(c). 

“Honor Date” has the meaning specified in Section 2.03(c)(i). 

“Incremental Amendment” has the meaning set forth in Section 2.15(a). 

“Incremental Facility Closing Date” has the meaning set forth in Section 2.15(a). 

“Incremental Term Commitment” means, as to each Incremental Term Lender, its obligation to make an Incremental Term Loan to
the Company in accordance with Section 2.15. 
 “Incremental Term Lender” means, at any time, any Lender that has an
Incremental Term Commitment or an Incremental Term Loan at such time. 
 “Incremental Term Loan” means a
Term Loan made in accordance with Section 2.15 of this Agreement (including a Term Loan constituting Credit Agreement Refinancing Indebtedness thereof made in accordance with Section 2.18). 

“Incremental Term Note” means a promissory note of the Company payable to any Incremental Term Lender or its
registered assigns, in substantially the form of Exhibit A to the First Refinancing Amendment, evidencing the aggregate Indebtedness of the Company to such Incremental Term Lender resulting from the Incremental Term Loans made by such
Incremental Term Lender. 

  
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 “Indebtedness” means, as to any Person at a particular time, without
duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: 
 (a)
all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; 

(b) the maximum amount (after giving effect to any prior drawings or reductions which may have been reimbursed) of all letters
of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds, performance bonds and similar instruments issued or created by or for the account of such Person; 

(c) net obligations of such Person under any Swap Contract; 

(d) all obligations of such Person to pay the deferred purchase price of property or services (other than (i) trade
accounts payable in the ordinary course of business and (ii) any earn-out obligation until such obligation becomes a liability on the balance sheet of such Person in accordance with GAAP); 

(e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person
(including indebtedness arising under conditional sales or other title retention agreements and mortgage, industrial revenue bond, industrial development bond and similar financings), whether or not such indebtedness shall have been assumed by such
Person or is limited in recourse; 
 (f) all Attributable Indebtedness; 

(g) all obligations of such Person in respect of Disqualified Equity Interests; and 

(h) all Guarantees of such Person in respect of any of the foregoing. 

For all purposes hereof, the Indebtedness of any Person shall (A) include the Indebtedness of any partnership or joint venture (other than a joint
venture that is itself a corporation or limited liability company) in which such Person is a general partner or a joint venturer, except to the extent such Person’s liability for such Indebtedness is otherwise limited and only to the extent
such Indebtedness would be included in the calculation of Consolidated Total Debt and (B) in the case of Holdings and its Subsidiaries, exclude all intercompany Indebtedness having a term not exceeding 364

  
 34 

 
days (inclusive of any roll-over or extensions of terms) and made in the ordinary of business consistent with past practice. The amount of any net obligation under any Swap Contract on any date
shall be deemed to be the Swap Termination Value thereof as of such date. The amount of Indebtedness of any Person for purposes of clause (e) shall be deemed to be equal to the lesser of (i) the aggregate unpaid amount of such Indebtedness
and (ii) the fair market value of the property encumbered thereby as determined by such Person in good faith. 
 “Indemnified
Liabilities” has the meaning set forth in Section 10.05. 
 “Indemnitees” has the meaning set forth in
Section 10.05. 
 “Information” has the meaning specified in Section 10.08. 

“Intellectual Property Security Agreement” means the Intellectual Property Security Agreement attached hereto as Exhibit M.

 “Intended Tax Treatment” means, subject to the exception below, that: 

(a) the transaction described in clause (iv) of the definition of “AS Separation Transactions” followed by the
First Internal Spin-Off constitutes a “reorganization” within the meaning of Section 368(a)(1)(D) of the Code; 

(b) the exchange described in clause (v) of the definition of “AS Separation Transactions” constitutes a
transaction described in Section 361 of the Code; and 
 (c) the Second Internal Spin-Off and the External Split-Off
each qualify as a transaction described in Section 355(a) of the Code. 
 “Interest Payment Date” means, (a) as
to any Loan other than a Base Rate Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date of the Facility under which such Loan was made; provided that if any Interest Period for a Eurocurrency Rate Loan
exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall also be Interest Payment Dates; and (b) as to any Base Rate Loan (including a Swing Line Loan), the last Business Day of
each March, June, September and December and the Maturity Date of the Facility under which such Loan was made. 
 “Interest
Period” means, as to each Eurocurrency Rate Loan, the period commencing on the date such Eurocurrency Rate Loan is disbursed or converted to or continued as a Eurocurrency Rate Loan and ending on the date one, two, three or six months
thereafter, or to the extent available to each Lender of such Eurocurrency Rate Loan, nine or twelve months or less than one month thereafter, as selected by the Borrower in its Committed Loan Notice; provided that: 

(a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding
Business 

  
 35 

 
Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; 

(b) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no
numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; and 

(c) no Interest Period shall extend beyond the Maturity Date of the Facility under which such Loan was made. 

“Internal Spin-Offs” means, collectively, (i) the distribution of all the common stock of AS Spinco held by the Company
to Holdings with respect to the common stock of the Company held by Holdings, (ii) the distribution of such common stock of AS Spinco by Holdings to Holding Corp. with respect to the Equity Interests of Holdings held by Holding Corp.(together
with clause (i), the “First Internal Spin-Off”), and (iii) the distribution of such common stock of AS Spinco by Holding Corp. to Capital II with respect to the common stock of Holding Corp. held by Capital II (the
“Second Internal Spin-Off”). 
 “Investment” means, as to any Person, any direct or indirect acquisition
or investment by such Person, whether by means of (a) the purchase or other acquisition of Equity Interests or debt or other securities of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of
Indebtedness of, or purchase or other acquisition of any other debt or equity participation or interest in, another Person, including any partnership or joint venture interest in such other Person (excluding, in the case of Holdings and its
Subsidiaries, intercompany loans, advances or Indebtedness having a term not exceeding 364 days (inclusive of any roll-over or extensions of terms) and made in the ordinary course of business consistent with past practice) or (c) the purchase
or other acquisition (in one transaction or a series of transactions) of all or substantially all of the property and assets or business of another Person or assets constituting a business unit, line of business or division of such Person. For
purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. 

“IP Collateral” means all “Intellectual Property Collateral” referred to in the Collateral Documents and all of the
other IP Rights that are or are required by the terms hereof or of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties. 

“IP Rights” has the meaning set forth in Section 5.15. 

“IRS” means the United States Internal Revenue Service. 

  
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 “JPMorgan Chase Bank” means JPMorgan Chase Bank, N.A. and its successors. 

“Judgment Currency” has the meaning specified in Section 10.19. 

“Junior Financing” has the meaning specified in Section 7.13. 

“Junior Financing Documentation” means any documentation governing any Junior Financing. 

“Latest Maturity Date” means, at any date of determination, the latest Maturity Date applicable to any Loan or Commitment
hereunder at such time, including the latest maturity date of any Other Term Loan, any Other Term Commitment, any Other Revolving Credit Loan or any Other Revolving Credit Commitment, in each case as extended in accordance with this Agreement from
time to time. 
 “Laws” means, collectively, all international, foreign, Federal, state and local statutes, treaties,
rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or
administration thereof, and all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law. 

“L/C Advance” means, with respect to each Revolving Credit Lender, such Lender’s funding of its participation in any L/C
Borrowing in accordance with its Pro Rata Share. 
 “L/C Borrowing” means an extension of credit resulting from a drawing
under any Letter of Credit which has not been reimbursed on the date when made or, if applicable in the case of any such Letter of Credit denominated in Dollars, refinanced as a Revolving Credit Borrowing. 

“L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date
thereof, or the renewal or increase of the amount thereof. 
 “L/C Issuer” means JPMorgan Chase Bank and Bank of America,
N.A. and any other Lender that becomes an L/C Issuer in accordance with Section 2.03(k) or 10.07(j), in each case, in its capacity as an issuer of Letters of Credit (including Existing Letters of Credit) hereunder, or any successor issuer of
Letters of Credit hereunder. 
 “L/C Obligations” means, as at any date of determination, the aggregate undrawn Dollar
Amount of all outstanding Letters of Credit plus the aggregate Dollar Amount of all Unreimbursed Amounts, including all L/C Borrowings. 

“Lender” means each Person listed on Schedule 2.01 (as amended as of the Sixth Amendment Effective Date) and any other
Person that shall have become a 

  
 37 

 
party hereto pursuant to an Assignment and Assumption, an Incremental Amendment or a Refinancing Amendment, other than any such Person that ceases to be a party hereto pursuant to an Assignment
and Assumption. Unless the context otherwise requires, the term “Lenders” shall include each L/C Issuer and the Swing Line Lender, and their respective successors and assigns as permitted hereunder. “Lender” includes each
Incremental Term Lender. 
 “Lending Office” means, as to any Lender, the office or offices of such Lender described as
such in such Lender’s Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Company and the Administrative Agent. 

“Letter of Credit” means any Existing Letter of Credit or any letter of credit issued hereunder. A Letter of Credit may be a
commercial letter of credit or a standby letter of credit. 
 “Letter of Credit Application” means an application and
agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the relevant L/C Issuer. 

“Letter of Credit Expiration Date” means the day that is five Business Days prior to the scheduled Maturity Date then in
effect for the Revolving Credit Commitments (or, if such day is not a Business Day, the next preceding Business Day). 
 “Letter of
Credit Sublimit” means an amount equal to the lesser of (a) prior to the AS Separation Date, $150,000,000 and, after the AS Separation Date, $100,000,000 and (b) the aggregate amount of the Revolving Credit Commitments. The Letter
of Credit Sublimit is part of, and not in addition to, the Revolving Credit Facility. 
 “Lien” means any mortgage, pledge,
hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), charge, or preference, priority or other security interest or preferential arrangement of any kind or nature whatsoever (including any conditional sale or other
title retention agreement, any easement, right of way or other encumbrance on title to real property, and any Capitalized Lease having substantially the same economic effect as any of the foregoing). 

“Loan” means the loans made by the Lenders to the Borrower pursuant to Article 2 of this Agreement including any
Incremental Term Loan, any Other Term Loan or any Other Revolving Credit Loan. 
 “Loan Documents” means, collectively,
(i) this Agreement, (ii) the Notes, (iii) the Guaranty, (iv) the Collateral Documents and (v) each Letter of Credit Application. 

“Loan Modification Agreement” means a Loan Modification Agreement, in form and substance reasonably satisfactory to the
Administrative Agent, among the Company, the Administrative Agent and one or more Accepting Lenders, effecting one or more Permitted Amendments and such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.17.

  
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 “Loan Modification Offer” has the meaning specified in Section 2.17(a).

 “Loan Parties” means, collectively, the Borrower and each Guarantor. 

“Management Stockholders” means the members of management of the Company or its Subsidiaries who are investors in Holdings or
any direct or indirect parent thereof. 
 “Mandatory Cost” means, with respect to any period, the percentage rate per annum
determined in accordance with Schedule 1.01D. 
 “Master Agreement” has the meaning specified in the definition of
“Swap Contract.” 
 “Material Adverse Effect” means (a) a material adverse effect on the business,
operations, assets, liabilities (actual or contingent) or financial condition of the Company and its Subsidiaries, taken as a whole, (b) a material adverse effect on the ability of the Borrower or the Loan Parties (taken as a whole) to perform
their respective payment obligations under any Loan Document to which the Borrower or any of the Loan Parties is a party or (c) a material adverse effect on the rights and remedies of the Lenders under any Loan Document. 

“Maturity Date” means 

(a) with respect to the Revolving Credit Commitments and the Revolving Credit Loans, March 8, 2018; provided, however, that
such date will automatically become November 29, 2016 for the Revolving Credit Commitments and the Revolving Credit Loans if all but $250,000,000 in aggregate principal amount of the Tranche C U.S. Term Loans are not repaid in full or extended,
renewed or refinanced with a Permitted Refinancing on or prior to November 29, 2016, which Permitted Refinancing will not mature or require any scheduled amortization or payments of principal prior to the date that is 91 days after
March 8, 2018; 
 (b) with respect to the Tranche A U.S. Term Loans, February 28, 2014; 

(c) with respect to the Tranche C Term Loans, February 28, 2017; 

(d) with respect to the Tranche D Term Loans, January 31, 2020; provided, however, that such date will automatically
become (x) August 16, 2018 if all but $250,000,000 in aggregate principal amount of the Company’s 73/8% Senior Notes due 2018 are not repaid in full or extended, renewed or
refinanced with a Permitted Refinancing on or prior to August 16, 2018, which Permitted Refinancing will not mature or require any scheduled amortization or payments of principal prior to the date that is 91 days after January 31, 2020 or
(y) if such date has not otherwise been modified in accordance with clause (x), August 2, 2019 if all but $250,000,000 in aggregate principal 

  
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amount of the Company’s 6.625% Senior Subordinated Notes due 2019 are not repaid in full or extended, renewed or refinanced with a Permitted Refinancing on or prior to August 2, 2019,
which Permitted Refinancing will not mature or require any scheduled amortization or payments of principal prior to the date that is 91 days after January 31, 2020; and 

(e) with respect to the Tranche E Term Loans, March 8, 2020; provided, however, that such date will automatically become
(x) August 16, 2018 if all but $250,000,000 in aggregate principal amount of the Company’s 73/8% Senior Notes due 2018 are not repaid in full or extended, renewed or refinanced with
a Permitted Refinancing on or prior to August 16, 2018, which Permitted Refinancing will not mature or require any scheduled amortization or payments of principal prior to the date that is 91 days after March 8, 2020, or (y) if such
date has not otherwise been modified in accordance with clause (x), August 2, 2019 if all but $250,000,000 in aggregate principal amount of the Company’s 6.625% Senior Subordinated Notes due 2019 are not repaid in full or extended, renewed
or refinanced with a Permitted Refinancing on or prior to August 2, 2019, which Permitted Refinancing will not mature or require any scheduled amortization or payments of principal prior to the date that is 91 days after March 8, 2020.

 “Maximum Rate” has the meaning specified in Section 10.10. 

“Merger” means the merger of Solar Capital Corp. with SunGard pursuant to the Merger Agreement. 

“Merger Agreement” means the Agreement and Plan of Merger dated as of March 27, 2005, between Solar Capital Corp. and
SunGard. 
 “Merger Consideration” means the total funds required to consummate the Merger. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Mortgage” means, collectively, the deeds of trust, trust deeds, hypothecs and mortgages made by the Loan Parties in favor or
for the benefit of the Administrative Agent on behalf of the Lenders substantially in the form of Exhibit H (with such changes as may be customary to account for local Law matters), and any other mortgages executed and delivered pursuant to
Section 6.11. 
 “Mortgage Policies” has the meaning specified in Section 6.13(b)(ii). 

“Mortgaged Properties” has the meaning specified in paragraph (j) of the definition of Collateral and Guarantee
Requirement. 
 “Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of
ERISA, to which any Loan Party or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 

  
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 “Net Cash Proceeds” means: 

(a) with respect to the Disposition of any asset by Holdings, the Company or any Restricted Subsidiary or any Casualty Event,
the excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such Disposition or Casualty Event (including any cash or Cash Equivalents received by way of deferred payment pursuant to, or by monetization of, a
note receivable or otherwise, but only as and when so received and, with respect to any Casualty Event, any insurance proceeds or condemnation awards in respect of such Casualty Event actually received by or paid to or for the account of Holdings,
the Company or any Restricted Subsidiary) over (ii) the sum of (A) the principal amount, premium or penalty, if any, interest and other amounts on any Indebtedness that is secured by the asset subject to such Disposition or Casualty Event
and that is required to be repaid (and is timely repaid) in connection with such Disposition or Casualty Event (other than Indebtedness under the Loan Documents), (B) the out-of-pocket expenses (including attorneys’ fees, investment
banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, other customary expenses and brokerage, consultant and other customary fees) actually incurred by
Holdings, the Company or such Restricted Subsidiary in connection with such Disposition or Casualty Event, (C) taxes paid or reasonably estimated to be actually payable in connection therewith and (D) any reserve for adjustment in respect
of (x) the sale price of such asset or assets established in accordance with GAAP and (y) any liabilities associated with such asset or assets and retained by Holdings, the Company or any Restricted Subsidiary after such sale or other
disposition thereof, including pension and other post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such transaction and it being understood that “Net
Cash Proceeds” shall include any cash or Cash Equivalents (i) received upon the Disposition of any non-cash consideration received by Holdings, the Company or any Restricted Subsidiary in any such Disposition and (ii) upon the
reversal (without the satisfaction of any applicable liabilities in cash in a corresponding amount) of any reserve described in clause (D) of the preceding sentence or, if such liabilities have not been satisfied in cash and such reserve is not
reversed within 365 days after such Disposition or Casualty Event, the amount of such reserve; provided that (x) no net cash proceeds calculated in accordance with the foregoing realized in a single transaction or series of related
transactions shall constitute Net Cash Proceeds unless such net cash proceeds shall exceed $10,000,000 and (y) no such net cash proceeds shall constitute Net Cash Proceeds under this clause (a) in any fiscal year until the aggregate amount
of all such net cash proceeds in such fiscal year shall exceed $25,000,000 (and thereafter only net cash proceeds in excess of such amount shall constitute Net Cash Proceeds under this clause (a)); 

  
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 (b) with respect to the incurrence or issuance of any Indebtedness by Holdings,
the Company or any Restricted Subsidiary, the excess, if any, of (i) the sum of the cash received in connection with such incurrence or issuance over (ii) the investment banking fees, underwriting discounts, commissions, costs and other
out-of-pocket expenses and other customary expenses, incurred by Holdings, the Company or such Restricted Subsidiary in connection with such incurrence or issuance; and 

(c) with respect to any amount in excess of $750,000,000 in the aggregate outstanding under the Receivables Facility, the
excess, if any, of (x) the sum of the cash received in connection with such excess amount over (y) the investment banking fees, underwriting discounts, commissions, costs and other out-of-pocket expenses and other customary expenses,
incurred by Holdings, the Company or the applicable Restricted Subsidiary in connection with respect to such excess amount. 
 “New
Notes” means the Senior Notes and Senior Subordinated Notes. 
 “New Notes Documentation” means the New Notes, and
all documents executed and delivered with respect to the New Notes, including the Senior Notes Indenture and the Senior Subordinated Notes Indenture. 

“Non-Cash Charges” has the meaning set forth in the definition of the term “Consolidated EBITDA”. 

“Non-Consenting Lenders” has the meaning specified in Section 3.07(d). 

“Nonrenewal Notice Date” has the meaning specified in Section 2.03(b)(iii). 

“Note” means a U.S. Term Note, an Incremental Term Note or a Revolving Credit Note, as the context may require. 

“Notice of Intent to Cure” has the meaning specified in Section 6.02(b). 

“Not Otherwise Applied” means, with reference to any amount of Net Cash Proceeds of any transaction or event or of Excess
Cash Flow, that such amount (a) was not required to be applied to prepay the Loans pursuant to Section 2.05(b) and (b) was not previously applied in determining the permissibility of a transaction under the Loan Documents where such
permissibility was (or may have been) contingent on receipt of such amount or utilization of such amount for a specified purpose. The Company shall promptly notify the Administrative Agent of any application of such amount as contemplated by
(b) above. 
 “NPL” means the National Priorities List under CERCLA. 

  
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 “Obligations” means all (x) advances to, and debts, liabilities,
obligations, covenants and duties of, any Loan Party and its Subsidiaries arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit, whether direct or indirect (including those acquired by assumption), absolute or
contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or Subsidiary of any proceeding under any Debtor Relief Laws naming such Person as
the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding, (y) obligations of any Loan Party and its Subsidiaries arising under any Secured Hedge Agreement and (z) Cash Management
Obligations. Without limiting the generality of the foregoing, the Obligations of the Loan Parties under the Loan Documents (and of their Subsidiaries to the extent they have obligations under the Loan Documents) include (a) the obligation
(including guarantee obligations) to pay principal, interest, Letter of Credit commissions, reimbursement obligations, charges, expenses, fees, Attorney Costs, indemnities and other amounts payable by any Loan Party or its Subsidiaries under any
Loan Document and (b) the obligation of any Loan Party or any of its Subsidiaries to reimburse any amount in respect of any of the foregoing that any Lender, in its sole discretion, may elect to pay or advance on behalf of such Loan Party or
such Subsidiary. 
 “Organization Documents” means, (a) with respect to any corporation, the certificate or articles
of incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction), (b) with respect to any limited liability company, the certificate or articles of formation or organization and
operating agreement and (c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and any agreement, instrument, filing
or notice with respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or
organization of such entity. 
 “Original Agreement” means this Agreement as amended and in effect immediately prior to the
amendment and restatement on the Fourth Amendment Effective Date pursuant to the Fourth Amendment. 
 “Other Revolving Credit
Commitments” means one or more Classes of revolving credit commitments hereunder or extended Revolving Credit Commitments that result from a Refinancing Amendment. 

“Other Revolving Credit Loans” means the Revolving Credit Loans made pursuant to any Other Revolving Credit Commitment. 

“Other Taxes” has the meaning specified in Section 3.01(b). 

“Other Term Commitments” means one or more Classes of term loan commitments hereunder that result from a Refinancing
Amendment. 

  
 43 

 “Other Term Loans” means one or more Classes of Term Loans that result from a
Refinancing Amendment. 
 “Outstanding Amount” means (a) with respect to the U.S. Term Loans, Incremental Term Loans,
Revolving Credit Loans and Swing Line Loans on any date, the amount thereof after giving effect to any borrowings and prepayments or repayments of U.S. Term Loans, Incremental Term Loans, Revolving Credit Loans (including any refinancing of
outstanding unpaid drawings under Letters of Credit or L/C Credit Extensions as a Revolving Credit Borrowing) and Swing Line Loans, as the case may be, occurring on such date; and (b) with respect to any L/C Obligations on any date, the Dollar
Amount thereof on such date after giving effect to any L/C Credit Extension occurring on such date and any other changes thereto as of such date, including as a result of any reimbursements of outstanding unpaid drawings under any Letters of Credit
(including any refinancing of outstanding unpaid drawings under Letters of Credit or L/C Credit Extensions as a Revolving Credit Borrowing) or any reductions in the maximum amount available for drawing under Letters of Credit taking effect on such
date. 
 “Overnight Rate” means, for any day, the Federal Funds Rate. 

“Pari-Passu Liens” means any Lien on the Collateral granted for the benefit of the holders of the Existing Notes that is
required by the terms of the Existing Notes Indentures as a result of the grant of security interests pursuant to any Collateral Document. 

“Participant” has the meaning specified in Section 10.07(e). 

“Participating Member State” means each state so described in any EMU Legislation. 

“PBGC” means the Pension Benefit Guaranty Corporation. 

“Pension Plan” means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA),
other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by any Loan Party or any ERISA Affiliate or to which any Loan Party or any ERISA Affiliate contributes or has an obligation to contribute, or in the
case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years. 

“Permitted Acquisition” has the meaning specified in Section 7.02(i). 

“Permitted Amendment” means an amendment to this Agreement and the other Loan Documents, effected in connection with a Loan
Modification Offer pursuant to Section 2.17, providing for an extension of the Maturity Date applicable to the Loans and/or Commitments of the Accepting Lenders and, in connection therewith, (a) a change in the Applicable Rate with respect
to the Loans and/or Commitments of the Accepting Lenders and/or (b) a change in the fees payable to, or the inclusion of new fees to be payable to, the Accepting Lenders. 

  
 44 

 “Permitted Equity Issuance” means any sale or issuance of any Qualified Equity
Interests of Holdings (and, after a Qualifying IPO, of the Company) to the extent permitted hereunder. 
 “Permitted First Priority
Refinancing Debt” means any secured Indebtedness incurred by the Company in the form of one or more series of senior secured notes; provided that (i) such Indebtedness is secured by the Collateral on a pari passu basis
(but without regard to the control of remedies) with the Secured Obligations and is not secured by any property or assets of the Company or any Subsidiary other than the Collateral, (ii) such Indebtedness constitutes Credit Agreement
Refinancing Indebtedness in respect of Term Loans (including portions of Tranches of Term Loans or Other Term Loans), (iii) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the date that is 91
days after the Latest Maturity Date at the time such Indebtedness is incurred, (iv) the security agreements relating to such Indebtedness are substantially the same as the Collateral Documents (with such differences as are reasonably
satisfactory to the Administrative Agent), (v) such Indebtedness is not guaranteed by any Subsidiaries other than the Subsidiary Guarantors and (vi) a Senior Representative acting on behalf of the holders of such Indebtedness shall have
become party to the First Lien Intercreditor Agreement; provided that if such Indebtedness is the initial Permitted First Priority Refinancing Debt incurred by the Company, then the Company, the Subsidiary Guarantors, the Administrative
Agent, the Collateral Agent and the Senior Representative for such Indebtedness shall have executed and delivered the First Lien Intercreditor Agreement. Permitted First Priority Refinancing Debt will include any Registered Equivalent Notes issued
in exchange therefor. 
 “Permitted Holders” means the Equity Investors other than the Management Stockholders to the
extent that the amount of the outstanding voting stock of Holdings owned beneficially or of record by such Management Stockholders in the aggregate at any time exceeds 10% of the total amount of the outstanding voting stock of Holdings at such time.

 “Permitted Holdings Debt” has the meaning specified in Section 7.03(r). 

“Permitted Refinancing” means, with respect to any Person, any modification, refinancing, refunding, renewal or extension of
any Indebtedness of such Person; provided that (a) the principal amount (or accreted value, if applicable) thereof does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so modified, refinanced,
refunded, renewed or extended except by an amount equal to unpaid accrued interest and premium thereon plus other reasonable amounts paid, and fees and expenses reasonably incurred, in connection with such modification, refinancing, refunding,
renewal or extension and by an amount equal to any existing commitments unutilized thereunder, (b) other than with respect to a Permitted Refinancing in respect of Indebtedness permitted pursuant to Section 7.03(e), such modification,
refinancing, refunding, renewal or extension has a final maturity date equal to or later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness
being modified, refinanced, refunded, renewed or extended, (c) other than with respect to a Permitted Refinancing in respect of Indebtedness permitted pursuant to Section 7.03(e), at the time thereof, no Event of Default shall have
occurred and be continuing, and (d) if such Indebtedness being 

  
 45 

 
modified, refinanced, refunded, renewed or extended is Indebtedness permitted pursuant to Section 7.03(b), 7.03(v) or 7.13(a), (i) to the extent such Indebtedness being modified,
refinanced, refunded, renewed or extended is subordinated in right of payment to the Obligations, such modification, refinancing, refunding, renewal or extension is subordinated in right of payment to the Obligations on terms at least as favorable
to the Lenders as those contained in the documentation governing the Indebtedness being modified, refinanced, refunded, renewed or extended, (ii) the terms and conditions (including, if applicable, as to collateral but excluding as to
subordination, interest rate and redemption premium) of any such modified, refinanced, refunded, renewed or extended Indebtedness, taken as a whole, are not materially less favorable to the Loan Parties or the Lenders than the terms and conditions
of the Indebtedness being modified, refinanced, refunded, renewed or extended; provided that a certificate of a Responsible Officer delivered to the Administrative Agent at least five Business Days prior to the incurrence of such
Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Company has determined in good faith that such terms and
conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies the Company within such five Business Day period that it disagrees
with such determination (including a reasonable description of the basis upon which it disagrees) and (iii) such modification, refinancing, refunding, renewal or extension is incurred by the Person who is the obligor of the Indebtedness being
modified, refinanced, refunded, renewed or extended. 
 “Permitted Second Priority Refinancing Debt” means secured
Indebtedness incurred by the Company in the form of one or more series of second lien secured notes or second lien secured loans; provided that (i) such Indebtedness is secured by the Collateral on a second lien, subordinated basis to
the Secured Obligations and the obligations in respect of any Permitted First Priority Refinancing Debt and is not secured by any property or assets of the Company or any Subsidiary other than the Collateral, (ii) such Indebtedness constitutes
Credit Agreement Refinancing Indebtedness in respect of Term Loans (including portions of Tranches of Term Loans or Other Term Loans), (iii) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the
date that is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (iv) the security agreements relating to such Indebtedness are substantially the same as the Collateral Documents (with such differences as are
reasonably satisfactory to the Administrative Agent), (v) such Indebtedness is not guaranteed by any Subsidiaries other than the Subsidiary Guarantors and (vi) a Senior Representative acting on behalf of the holders of such Indebtedness
shall have become party to the Second Lien Intercreditor Agreement; provided that if such Indebtedness is the initial Permitted Second Priority Refinancing Debt incurred by the Company, then the Company, the Subsidiary Guarantors, the
Administrative Agent, the Collateral Agent and the Senior Representatives for such Indebtedness shall have executed and delivered the Second Lien Intercreditor Agreement. Permitted Second Priority Refinancing Debt will include any Registered
Equivalent Notes issued in exchange therefor. 

  
 46 

 “Permitted Unsecured Refinancing Debt” means unsecured Indebtedness incurred by
the Company in the form of one or more series of senior unsecured notes or loans; provided that (i) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness in respect of Term Loans (including portions of Tranches of Term
Loans or Other Term Loans), (ii) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the date that is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred,
(iii) such Indebtedness is not guaranteed by any Subsidiaries other than the Subsidiary Guarantors and (iv) such Indebtedness is not secured by any Lien or any property or assets of the Company or any Subsidiary. Permitted Unsecured
Refinancing Debt will include any Registered Equivalent Notes issued in exchange therefor. 
 “Person” means any natural
person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 

“Plan” means any “employee benefit plan” (as such term is defined in Section 3(3) of ERISA) established by any
Loan Party or, with respect to any such plan that is subject to Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate. 

“Pledged Debt” has the meaning specified in the Security Agreement. 

“Pledged Equity” has the meaning specified in the Security Agreement. 

“Post-Acquisition Period” means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted
Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated. 

“Principal L/C Issuer” means any L/C Issuer that has issued Letters of Credit having an aggregate Outstanding Amount in
excess of $10,000,000. 
 “Pro Forma Adjustment” means, for any Test Period that includes all or any part of a fiscal
quarter included in any Post-Acquisition Period, with respect to the Acquired EBITDA of the applicable Acquired Entity or Business or the Consolidated EBITDA of the Company, the pro forma increase or decrease in such Acquired EBITDA or such
Consolidated EBITDA, as the case may be, projected by the Company in good faith as a result of (a) actions taken during such Post-Acquisition Period for the purposes of realizing reasonably identifiable and factually supportable cost savings or
(b) any additional costs incurred during such Post-Acquisition Period, in each case in connection with the combination of the operations of such Acquired Entity or Business with the operations of the Company and the Restricted Subsidiaries;
provided that, so long as such actions are taken during such Post-Acquisition Period or such costs are incurred during such Post-Acquisition Period, as applicable, the cost savings related to such actions or such additional costs, as
applicable, it may be assumed, for purposes of projecting such 

  
 47 

 
pro forma increase or decrease to such Acquired EBITDA or such Consolidated EBITDA, as the case may be, that such cost savings will be realizable during the entirety of such Test Period, or
such additional costs, as applicable, will be incurred during the entirety of such Test Period; provided further that any such pro forma increase or decrease to such Acquired EBITDA or such Consolidated EBITDA, as the case may be, shall
be without duplication for cost savings or additional costs already included in such Acquired EBITDA or such Consolidated EBITDA, as the case may be, for such Test Period. 

“Pro Forma Basis”, “Pro Forma Compliance” and “Pro Forma Effect” mean, with respect to
compliance with any test or covenant hereunder, that (A) to the extent applicable, the Pro Forma Adjustment shall have been made and (B) all Specified Transactions and the following transactions in connection therewith shall be deemed to
have occurred as of the first day of the applicable period of measurement in such test or covenant: (a) income statement items (whether positive or negative) attributable to the property or Person subject to such Specified Transaction,
(i) in the case of a Disposition of all or substantially all Equity Interests in any Subsidiary of the Company or any division, product line, or facility used for operations of the Company or any of its Subsidiaries, shall be excluded, and
(ii) in the case of a Permitted Acquisition or Investment described in the definition of “Specified Transaction”, shall be included, (b) any retirement of Indebtedness and (c) any Indebtedness incurred or assumed by the
Company or any of the Restricted Subsidiaries in connection therewith and if such Indebtedness has a floating or formula rate, shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing
the rate which is or would be in effect with respect to such Indebtedness as at the relevant date of determination; provided that, without limiting the application of the Pro Forma Adjustment pursuant to (A) above, the foregoing pro
forma adjustments may be applied to any such test or covenant solely to the extent that such adjustments are consistent with the definition of Consolidated EBITDA and give effect to events (including operating expense reductions) that are
(i) (x) directly attributable to such transaction, (y) expected to have a continuing impact on the Company and the Restricted Subsidiaries and (z) factually supportable or (ii) otherwise consistent with the definition of Pro
Forma Adjustment. Notwithstanding any provision to the contrary in this Agreement, whenever this Agreement requires, as a condition to any Permitted Acquisition, Investment, Specified Transaction or any other event, action or matter, that there be
pro forma compliance with the financial covenant set forth in Section 7.11(a) or that the financial covenant in Section 7.11(a) be complied with on a pro forma basis, such pro forma compliance shall be determined on the assumption that
such covenant is at the time applicable hereunder, regardless of whether such covenant is in fact applicable at such time. 
 “Pro
Rata Share” means, with respect to each Lender at any time, a fraction (expressed as a percentage, carried out to the ninth decimal place), the numerator of which is the amount of the Commitments of such Lender under the applicable Facility
or Facilities at such time and the denominator of which is the amount of the Aggregate Commitments under the applicable Facility or Facilities at such time; provided that if such Commitments have been terminated, then the Pro Rata Share of
each Lender shall 

  
 48 

 
be determined based on the Pro Rata Share of such Lender immediately prior to such termination and after giving effect to any subsequent assignments made pursuant to the terms hereof. 

“Projections” shall have the meaning set forth in Section 6.01(c). 

“Purchasing Affiliated Lender” means any Affiliate of Holdings (other than any portfolio company of a Sponsor or any natural
person), including any Debt Fund Affiliate but excluding any Purchasing Borrower Party. 
 “Purchasing Borrower Party”
means Holdings, the Borrower or any Subsidiary that purchases or is assigned Term Loans pursuant to Section 2.19 or Section 10.07(k). 

“Qualified Equity Interests” means any Equity Interests that are not Disqualified Equity Interests. 

“Qualifying IPO” means the issuance by Holdings, any direct or indirect parent of Holdings or the Company of its common
Equity Interests in an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement filed with the SEC in accordance with the Securities Act.

 “Receivables Facility” means the trade receivables commercial paper co-purchase conduit facility of the Company entered
into on the Closing Date, together with any other receivables financings of Holdings, the Company or any of its Subsidiaries and any modification, refinancing, refunding, renewal or extension of, increase to or incremental financing under, any of
the foregoing. 
 “Receivables Subsidiary” means SunGard AR Financing LLC, SunGard Funding LLC, SunGard Funding II LLC and
any other direct or indirect Subsidiary of Holdings established in connection with the Receivables Facility which is not permitted by the terms of the Receivables Facility to guarantee the Obligations. 

“Refinanced U.S. Term Loans” has the meaning specified in Section 10.01. 

“Refinancing Amendment” means an amendment to this Agreement in form and substance reasonably satisfactory to the
Administrative Agent and the Company executed by each of (a) the Company and Holdings, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Credit Agreement Refinancing
Indebtedness being incurred pursuant thereto, in accordance with Section 2.18. 
 “Register” has the meaning set forth
in Section 10.07(d). 
 “Registered Equivalent Notes” means, with respect to any notes originally issued in a Rule
144A or other private placement transaction under the 

  
 49 

 
Securities Act of 1933, substantially identical notes (having the same Guarantees) issued in a dollar for dollar exchange therefor pursuant to an exchange offer registered with the SEC. 

“Replacement U.S. Term Loans” has the meaning specified in Section 10.01. 

“Reportable Event” means any of the events set forth in Section 4043(c) of ERISA or the regulations issued thereunder,
other than events for which the 30 day notice period has been waived. 
 “Request for Credit Extension” means (a) with
respect to a Borrowing, conversion or continuation of U.S. Term Loans or Incremental Term Loans or Revolving Credit Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with
respect to a Swing Line Loan, a Swing Line Loan Notice. 
 “Required Lenders” means, as of any date of determination,
Lenders having more than 50% of the sum of the (a) Total Outstandings (with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such
Lender for purposes of this definition), (b) aggregate unused Revolving Credit Commitments and (c) aggregate unused Incremental Term Commitments; provided that the unused Revolving Credit Commitment and unused Incremental Term
Commitments of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders. 

“Responsible Officer” means the chief executive officer, president, vice president, chief financial officer, treasurer or
assistant treasurer or other similar officer of a Loan Party. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership
and/or other action on the part of such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Loan Party. 

“Restated Agreement” means this Agreement as amended and in effect immediately prior to the amendment and restatement hereof
on the Seventh Amendment Effective Date pursuant to the Seventh Amendment. 
 “Restatement Effective Date” shall mean the
Amendment Effective Date as defined in the Amendment and Restatement Agreement. 
 “Restricted Payment” means any dividend
or other distribution (whether in cash, securities or other property) with respect to any Equity Interest of Holdings, the Company or any Restricted Subsidiary, or any payment (whether in cash, securities or other property), including any sinking
fund or similar deposit, on account of the purchase, redemption, retirement, defeasance, acquisition, cancellation or termination of any such Equity Interest, or on account of any return of capital to Holdings or the Company’s stockholders,
partners or members (or the equivalent Persons thereof). 

  
 50 

 “Restricted Subsidiary” means any Subsidiary of the Company other than an
Unrestricted Subsidiary. 
 “Revolving Commitment Increase” has the meaning set forth in Section 2.15(a). 

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

“Revolving Credit Borrowing” means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the
case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(d). 

“Revolving Credit Commitment” means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit
Loans to the Borrower pursuant to Section 2.01(d), (b) purchase participations in L/C Obligations in respect of Letters of Credit and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time
outstanding not to exceed the amount set forth, and opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto,
as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of the Revolving Credit Commitments on the Seventh Amendment Effective Date is $850,000,000. 

“Revolving Credit Exposure” means, as to each Revolving Credit Lender, the sum of the outstanding principal amount of such
Revolving Credit Lender’s Revolving Credit Loans and its Pro Rata Share of the L/C Obligations in respect of Letters of Credit and the Swing Line Obligations at such time. 

“Revolving Credit Facility” means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit
Commitments at such time. 
 “Revolving Credit Lender” means, at any time, any Lender that has a Revolving Credit
Commitment at such time. 
 “Revolving Credit Loan” means a Revolving Credit Loan made pursuant to Section 2.01(d) or
deemed made in accordance with the provisions of Section 2.07(f) by a Revolving Credit Lender pursuant to its Revolving Credit Commitment. 

“Revolving Credit Note” means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered
assigns, in substantially the form of Exhibit C-4 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender. 

  
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 “S&P” means Standard & Poor’s Ratings Services, a division of
The McGraw-Hill Companies, Inc., and any successor thereto. 
 “Same Day Funds” means with respect to disbursements and
payments, immediately available funds. 
 “SEC” means the Securities and Exchange Commission, or any Governmental Authority
succeeding to any of its principal functions. 
 “Second Internal Spin-Off” has the meaning specified in the definition of
“Internal Spin-Offs”. 
 “Second Lien Intercreditor Agreement” means the Second Lien Intercreditor Agreement
substantially in the form of Exhibit O among the Administrative Agent, the Collateral Agent and one or more Senior Representatives for holders of Permitted Second Priority Refinancing Debt, with such modifications thereto as the Administrative Agent
may reasonably agree. 
 “Second Refinancing Amendment” means the Second Refinancing and Incremental Amendment to this
Agreement dated as of March 11, 2011, among Holdings, the Borrower, the Revolving Credit Lenders party thereto and the Administrative Agent. 

“Second Refinancing Amendment Effective Date” has the meaning assigned thereto in the Second Refinancing Amendment. 

“Secured Hedge Agreement” means any Swap Contract permitted under Article 7 that is entered into by and between any Loan
Party or any Restricted Subsidiary and any Hedge Bank. 
 “Secured Obligations” has the meaning specified in the Security
Agreement. 
 “Secured Parties” means, collectively, the Administrative Agent, the Lenders, the Hedge Banks, the
Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c). 

“Securities Act” means the Securities Act of 1933. 

“Security Agreement” means, collectively, the Security Agreement executed by the Loan Parties and attached hereto as Exhibit
G, together with each other security agreement supplement executed and delivered pursuant to Section 6.11. 
 “Security
Agreement Supplement” has the meaning specified in the Security Agreement. 
 “Senior Notes” means, collectively,
(a) $900,000,000 in aggregate principal amount of the Company’s 7  3⁄8% senior unsecured notes due 2018 and (b) $700,000,000 in aggregate
principal amount of the Company’s 7.625% senior unsecured notes due 2020. 

  
 52 

 “Senior Notes Indenture” means the Indenture for the Senior Notes, dated as of
November 15, 2010. 
 “Senior Subordinated Notes” means $1,000,000,000 in aggregate principal amount of the
Company’s 6.625% senior subordinated notes due 2019. 
 “Senior Subordinated Notes Indenture” means the Indenture for
the Senior Subordinated Notes, dated as of August 11, 2005. 
 “Senior Representative” means, with respect to any
series of Permitted First Priority Refinancing Debt or Permitted Second Priority Refinancing Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such
Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities. 

“Sixth Amendment” means the Sixth Amendment of this Agreement dated as of March 8, 2013, among Holdings, the Borrower,
the Lenders party thereto and the Administrative Agent. 
 “Sixth Amendment Effective Date” means March 8, 2013. 

“Sixth Amendment Reaffirmation Agreement” means the Reaffirmation Agreement dated as of the Sixth Amendment Effective Date,
among Holdings, the Borrower, the Subsidiaries of Holdings party thereto and the Administrative Agent. 
 “Seventh
Amendment” means the Seventh Amendment of this Agreement dated as of February 7, 2014, among Holdings, the Borrower, the Lenders party thereto and the Administrative Agent. 

“Seventh Amendment Effective Date” means February 7, 2014. 

“Seventh Amendment Reaffirmation Agreement” means the Reaffirmation Agreement dated as of the Seventh Amendment Effective
Date, among Holdings, the Borrower, the Subsidiaries of Holdings party thereto and the Administrative Agent. 
 “Sold Entity or
Business” has the meaning set forth in the definition of the term “Consolidated EBITDA”. 
 “Solvent”
and “Solvency” mean, with respect to any Person on any date of determination, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent
liabilities, of such Person, (b) the present fair salable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they

  
 53 

 
become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay such debts and
liabilities as they mature and (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute an unreasonably small capital. The
amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

 “SPC” has the meaning specified in Section 10.07(h). 

“Specified Transaction” means, with respect to any period, any Investment, Disposition, incurrence or repayment of
Indebtedness, Restricted Payment, Subsidiary designation, Incremental Term Loan or Revolving Commitment Increase that by the terms of this Agreement requires “Pro Forma Compliance” with a test or covenant hereunder or requires such test or
covenant to be calculated on a “Pro Forma Basis”. 
 “Sponsors” means Silver Lake Partners, Bain Capital
Partners, LLC, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts & Co., Providence Equity Partners Inc., Texas Pacific Group, The Blackstone Group, and their Affiliates, but not including, however, any portfolio companies of any of
the foregoing. 
 “Sponsor Management Agreement” means the Management Agreement between certain of the management companies
associated with the Sponsors and the Company. 
 “Sponsor Termination Fees” means the one-time payment under the Sponsor
Management Agreement of a termination fee to one or more of the Sponsors and their Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO. 

“Sterling” and “£” mean the lawful currency of the United Kingdom. 

“Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business entity
of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the happening of a
contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a
“Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Company. 
 “Subsidiary
Guarantor” means, collectively, the Subsidiaries of the Company that are Guarantors. 
 “Subsidiary Guaranty”
means, collectively, (a) the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Administrative Agent on behalf of the Secured Parties and attached hereto as Exhibit F-2 and (b) each other guaranty and guaranty supplement
delivered pursuant to Section 6.11. 

  
 54 

 “Successor Company” has the meaning specified in Section 7.04(d). 

“Successor Holding Company” has the meaning specified in Section 7.04(h). 

“SunGard” has the meaning specified in the introductory paragraph to this Agreement. 

“Supplemental Administrative Agent” has the meaning specified in Section 9.13 and “Supplemental Administrative
Agents” shall have the corresponding meaning. 
 “Swap Contract” means (a) any and all rate swap transactions,
basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or
forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions,
currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master
agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives
Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or
liabilities under any Master Agreement. 
 “Swap Termination Value” means, in respect of any one or more Swap Contracts,
after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance
therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other
readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender). 

“Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.04. 

“Swing Line Facility” means the revolving credit facility made available by the Swing Line Lender pursuant to
Section 2.04. 

  
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 “Swing Line Lender” means JPMorgan Chase Bank, in its capacity as provider of
Swing Line Loans, or any successor swing line lender hereunder. 
 “Swing Line Loan” has the meaning specified in
Section 2.04(a). 
 “Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to
Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B. 
 “Swing Line Obligations”
means, as at any date of determination, the aggregate principal amount of all Swing Line Loans outstanding. 
 “Swing Line
Sublimit” means an amount equal to the lesser of (a) $20,000,000 and (b) the aggregate amount of the Revolving Credit Commitments. The Swing Line Sublimit is part of, and not in addition to, the Revolving Credit Commitments. 

“Taxes” has the meaning specified in Section 3.01(a). 

“Term Borrowing” means a borrowing consisting of simultaneous Term Loans of the same Type and Class and, in the case of
Eurocurrency Rate Loans, having the same Interest Period made by the Term Lenders of such Class pursuant to Section 2.01. 

“Term Commitment” means an Incremental Term Commitment. 

“Term Lender” means a U.S. Term Lender or an Incremental Term Lender, as the context may require. 

“Term Loan” means a U.S. Term Loan, an Incremental Term Loan or an Other Term Loan, as the context may require. 

“Term Note” means a U.S. Term Note or an Incremental Term Note, as the context may require. 

“Test Period” means, for any determination under this Agreement, the four consecutive fiscal quarters of the Company then
last ended. 
 “Threshold Amount” means $50,000,000. 

“Total Leverage Ratio” means, with respect to any Test Period, the ratio of (a) Consolidated Total Debt as of the last
day of such Test Period to (b) Consolidated EBITDA for such Test Period. 
 “Total Outstandings” means the aggregate
Outstanding Amount of all Loans and all L/C Obligations. 

  
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 “Total Secured Leverage Ratio” means, on any date, the ratio of
(a) Consolidated Total Secured Debt on such date to (b) Consolidated EBITDA for the most recent Test Period. 

“Tranche” means a category of Commitments or Credit Extensions thereunder. For purposes hereof, each of the following
comprises a separate Tranche: (a) the unused Revolving Credit Commitments, (b) the outstanding Revolving Credit Loans and L/C Obligations in respect of Letters of Credit, (c) the outstanding Tranche A U.S. Term Loans, (d) the
outstanding Tranche C Term Loans, (e) the outstanding Tranche D Term Loans, (f) the outstanding Tranche E Term Loans and (g) the outstanding Incremental Term Loans, if any. 

“Tranche A U.S. Term Lender” means at any time, any Lender that has a Tranche A U.S. Term Loan at such time. 

“Tranche A U.S. Term Loan” means a Tranche A U.S. Term Loan made pursuant to the First Amendment and outstanding hereunder
immediately prior to the Fourth Amendment Effective Date that shall not have been converted into a Tranche C Term Loan on the Fourth Amendment Effective Date. 

“Tranche C Term Lender” means at any time, any Lender that has a Tranche C Term Loan at such time. 

“Tranche C Term Loan” means a Tranche A U.S. Term Loan or an Incremental Term Loan that was converted to a “Tranche C
Term Loan” on the Fourth Amendment Effective Date pursuant to the Fourth Amendment. 
 “Tranche D Term Lender” means
at any time, any Lender that has a Tranche D Term Loan at such time. 
 “Tranche D Term Loan” means a Tranche D Term Loan
made pursuant to Section 2.01(a) on the Fifth Amendment Effective Date. 
 “Tranche E Term Lender” means at any time,
any Lender that has a Tranche E Term Loan at such time. 
 “Tranche E Term Loan” means a Tranche E Term Loan made pursuant
to Section 2.01(a) on the Sixth Amendment Effective Date. 
 “Transaction” means, collectively, (a) the Equity
Contributions, (b) the Merger, (c) the issuance of the New Notes, (d) the funding of the Term Loans and up to $250,000,000 of Revolving Credit Loans on the Closing Date, (e) the funding of the Receivables Facility on the Closing
Date, (f) the consummation of any other transactions in connection with the foregoing and (g) the payment of the fees and expenses incurred in connection with any of the foregoing. 

“Transaction Documents” means the Merger Agreement and all other material documents, instruments and certificates
contemplated by the Merger Agreement. 

  
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 “Transaction Expenses” means any fees or expenses incurred or paid by Holdings,
the Company or any Restricted Subsidiary in connection with the Transaction, this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby. 

“Type” means, with respect to a Loan, its character as a Base Rate Loan or a Eurocurrency Rate Loan. 

“Uniform Commercial Code” means the Uniform Commercial Code as the same may from time to time be in effect in the State of
New York or the Uniform Commercial Code (or similar code or statute) of another jurisdiction, to the extent it may be required to apply to any item or items of Collateral. 

“United States” and “U.S.” mean the United States of America. 

“Unreimbursed Amount” has the meaning set forth in Section 2.03(c)(i). 

“Unrestricted Subsidiary” means (i) each Subsidiary of the Company listed on Schedule 1.01C and (ii) any Subsidiary
of the Company designated by the board of directors of Holdings as an Unrestricted Subsidiary pursuant to Section 6.15 subsequent to the Closing Date. 

“U.S. Lender” has the meaning set forth in Section 10.15(b). 

“U.S. Term Lenders” means, collectively, the Tranche A U.S. Term Lenders, the Tranche C Term Lenders, the Tranche D
Term Lenders and the Tranche E Term Lenders. 
 “U.S. Term Loans” means, collectively, the Tranche A U.S. Term Loans,
the Tranche C Term Loans, the Tranche D Term Loans and the Tranche E Term Loans. 
 “U.S. Term Note” means a
promissory note of the Company payable to any U.S. Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Company to such U.S. Term Lender resulting from the U.S. Term
Loans made by such U.S. Term Lender. 
 “Weighted Average Life to Maturity” means, when applied to any Indebtedness at any
date, the number of years obtained by dividing: (i) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment
at final maturity, in respect thereof, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (ii) the then outstanding principal amount of such
Indebtedness. 
 “wholly owned” means, with respect to a Subsidiary of a Person, a Subsidiary of such Person all of the
outstanding Equity Interests of which (other than (x) director’s qualifying shares and (y) shares issued to foreign nationals to the extent required by applicable Law) are owned by such Person and/or by one or more wholly owned
Subsidiaries of such Person. 

  
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 SECTION 1.02. Other Interpretive Provisions. With reference to this Agreement and each
other Loan Document, unless otherwise specified herein or in such other Loan Document: 
 (a) The meanings of defined terms are equally
applicable to the singular and plural forms of the defined terms. 
 (b) (i) The words “herein,” “hereto,”
“hereof” and “hereunder” and words of similar import when used in any Loan Document shall refer to such Loan Document as a whole and not to any particular provision thereof. 

(ii) Article, Section, Exhibit and Schedule references are to the Loan Document in which such reference appears. 

(iii) The term “including” is by way of example and not limitation. 

(iv) The term “documents” includes any and all instruments, documents, agreements, certificates, notices, reports,
financial statements and other writings, however evidenced, whether in physical or electronic form. 
 (c) In the computation of periods of
time from a specified date to a later specified date, the word “from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means
“to and including.” 
 (d) Section headings herein and in the other Loan Documents are included for convenience of reference
only and shall not affect the interpretation of this Agreement or any other Loan Document. 
 SECTION 1.03. Accounting Terms.
(a) All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this
Agreement shall be prepared in conformity with, GAAP, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein. 

(b) Notwithstanding anything to the contrary herein, for purposes of determining compliance with any test or covenant contained in this
Agreement with respect to any period during which any Specified Transaction occurs, the Total Leverage Ratio shall be calculated with respect to such period and such Specified Transaction on a Pro Forma Basis. 

SECTION 1.04. Rounding. Any financial ratios required to be maintained by the Company pursuant to this Agreement (or required to be
satisfied in order for a specific action to be permitted under this Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one 

  
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place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number). 

SECTION 1.05. References to Agreements, Laws, Etc. Unless otherwise expressly provided herein, (a) references to Organization
Documents, agreements (including the Loan Documents) and other contractual instruments shall be deemed to include all subsequent amendments, restatements, extensions, supplements and other modifications thereto, but only to the extent that such
amendments, restatements, extensions, supplements and other modifications are permitted by any Loan Document; and (b) references to any Law shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing
or interpreting such Law. 
 SECTION 1.06. Times of Day. Unless otherwise specified, all references herein to times of day shall be
references to Eastern time (daylight or standard, as applicable). 
 SECTION 1.07. Timing of Payment of Performance. When the payment
of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as described in the definition of Interest Period) or
performance shall extend to the immediately succeeding Business Day. 
 SECTION 1.08. Currency Equivalents Generally. (a) Any
amount specified in this Agreement (other than in Articles 2, 9 and 10 or as set forth in paragraph (b) of this Section) or any of the other Loan Documents to be in Dollars shall also include the equivalent of such amount in any currency other
than Dollars, such equivalent amount to be determined at the rate of exchange quoted by the Reuters World Currency Page for the applicable currency at 11:00 a.m. (London time) on such day (or, in the event such rate does not appear on any
Reuters World Currency Page, by reference to such other publicly available service for displaying exchange rates as may be agreed upon by the Administrative Agent and the Company, or, in the absence of such agreement, such rate shall instead be the
arithmetic average of the spot rates of exchange of the Administrative Agent in the market where its foreign currency exchange operations in respect of such currency are then being conducted, at or about 10:00 a.m. (New York City time) on such
date for the purchase of Dollars for delivery two Business Days later); provided that the determination of any Dollar Amount with respect to a Letter of Credit shall be made in accordance with Section 2.03(l). Notwithstanding the
foregoing, for purposes of determining compliance with Sections 7.01, 7.02 and 7.03 with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default shall be deemed to have occurred solely as a result of changes
in rates of exchange occurring after the time such Indebtedness or Investment is incurred; provided that, for the avoidance of doubt, the foregoing provisions of this Section 1.08 shall otherwise apply to such Sections, including with
respect to determining whether any Indebtedness or Investment may be incurred at any time under such Sections. 

  
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 (b) For purposes of determining compliance under Sections 7.02, 7.05, 7.06 and 7.11, any amount
in a currency other than Dollars will be converted to Dollars based on the average Exchange Rate for such currency for the most recent twelve-month period immediately prior to the date of determination determined in a manner consistent with that
used in calculating EBITDA for the applicable period; provided, however, that the foregoing shall not be deemed to apply to the determination of any amount of Indebtedness. 

SECTION 1.09. Change of Currency. Each provision of this Agreement shall be subject to such reasonable changes of construction as the
Administrative Agent may from time to time specify with the Company’s consent to appropriately reflect a change in currency of any country and any relevant market conventions or practices relating to such change in currency. 

ARTICLE II 
 The
Commitments and Credit Extensions 
 SECTION 2.01. The Loans. (a) The U.S. Term Borrowings. Holdings, the Company
and the Lenders acknowledge (i) the making of Tranche A U.S. Term Loans pursuant to Section 2.01(a) of the Original Agreement, (ii) the conversion of a portion of the Tranche A U.S. Term Loans (as defined in the Original Agreement)
into Tranche C Term Loans pursuant to the Fourth Amendment, (iv) the making of Tranche D Term Loans pursuant to the Fifth Amendment and (v) the making of Tranche E Term Loans pursuant to the Sixth Amendment. Holdings, the Company and the
Lenders acknowledge and agree that, on and after the Sixth Amendment Effective Date all Tranche A U.S. Term Loans, Tranche C Term Loans and Tranche D Term Loans shall continue to be outstanding as such, in each case pursuant to the terms and
conditions of this Agreement and the other Loan Documents. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. U.S. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

 (b) [reserved]. 
 (c)
[reserved]. 
 (d) The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein (i) each Revolving Credit
Lender severally agrees to make loans denominated in Dollars (each such loan, a “Revolving Credit Loan”) to the Borrower as elected by the Borrower pursuant to Section 2.02 from time to time, on any Business Day until the
Maturity Date with respect to its Revolving Credit Commitment, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that after giving effect to any Revolving
Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share of the Outstanding Amount
of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. 

  
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Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(d), prepay under
Section 2.05 and reborrow under this Section 2.01(d). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. 

SECTION 2.02. Borrowings, Conversions and Continuations of Loans. (a) Each Term Borrowing, each Revolving Credit Borrowing, each
conversion of Term Loans or Revolving Credit Loans from one Type to the other, and each continuation of Eurocurrency Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by telephone.
Each such notice must be received by the Administrative Agent not later than 12:30 p.m. (New York, New York time) (i) three Business Days prior to the requested date of any Borrowing or continuation of Eurocurrency Rate Loans or any
conversion of Base Rate Loans to Eurocurrency Rate Loans, and (ii) one Business Day before the requested date of any Borrowing of Base Rate Loans. Each telephonic notice by the Borrower pursuant to this Section 2.02(a) must be confirmed
promptly by delivery to the Administrative Agent of a written Committed Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Each Borrowing of, conversion to or continuation of Eurocurrency Rate Loans shall be in
a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $1,000,000 or a whole
multiple of $500,000 in excess thereof. Each Committed Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower is requesting a Term Borrowing, a Revolving Credit Borrowing, a conversion of U.S. Term Loans of a
particular Tranche or Incremental Term Loans or Revolving Credit Loans from one Type to the other, or a continuation of Eurocurrency Rate Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which
shall be a Business Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv) the Type of Loans to be borrowed or to which existing Term Loans or Revolving Credit Loans are to be converted and (v) if
applicable, the duration of the Interest Period with respect thereto. If the Borrower fails to specify a Type of Loan in a Committed Loan Notice or fails to give a timely notice requesting a conversion or continuation, then the applicable Term Loans
or Revolving Credit Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurocurrency
Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of Eurocurrency Rate Loans in any such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one
month. 
 (b) Following receipt of a Committed Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its
Pro Rata Share of the applicable Class of Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the Administrative Agent shall notify each Lender of the details of any automatic conversion to Base Rate Loans or
continuation described in Section 2.02(a). In the case of each Borrowing, each Appropriate Lender shall make the amount of its Loan available to the Administrative Agent in Same Day Funds at the

  
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Administrative Agent’s Office not later than 1:00 p.m. on the Business Day specified in the applicable Committed Loan Notice. Upon satisfaction of the applicable conditions set forth in
Section 4.02, the Administrative Agent shall make all funds so received available to the Borrower in like funds as received by the Administrative Agent either by (i) crediting the account of the Borrower on the books of JPMorgan Chase Bank
with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower; provided that if, on the date the
Committed Loan Notice with respect to such Borrowing is given by the Borrower, there are Swing Line Loans or L/C Borrowings outstanding, then the proceeds of such Borrowing shall be applied, first, to the payment in full of any such L/C Borrowings,
second, to the payment in full of any such Swing Line Loans, and third, to the Borrower as provided above. 
 (c) Except as otherwise
provided herein, a Eurocurrency Rate Loan may be continued or converted only on the last day of an Interest Period for such Eurocurrency Rate Loan unless the Company pays the amount due, if any, under Section 3.05 in connection therewith.
During the existence of an Event of Default, the Administrative Agent or the Required Lenders may require that no Loans may be converted to or continued as Eurocurrency Rate Loans. 

(d) The Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Interest Period for
Eurocurrency Rate Loans upon determination of such interest rate. The determination of the Eurocurrency Rate by the Administrative Agent shall be conclusive in the absence of manifest error. At any time that Base Rate Loans are outstanding, the
Administrative Agent shall notify the Borrower and the Lenders of any change in JPMorgan Chase Bank prime rate used in determining the Base Rate promptly following the public announcement of such change. 

(e) After giving effect to all Term Borrowings, all Revolving Credit Borrowings, all conversions of Term Loans or Revolving Credit Loans from
one Type to the other, and all continuations of Term Loans or Revolving Credit Loans as the same Type, there shall not be more than twenty Interest Periods in effect. 

(f) The failure of any Lender to make the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation,
if any, hereunder to make its Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on the date of any Borrowing. 

SECTION 2.03. Letters of Credit. (a) The Letter of Credit Commitment. (i) On and after the Sixth Amendment Effective
Date the Existing Letters of Credit constituted Letters of Credit under this Agreement and for purposes hereof were deemed to have been issued on the Sixth Amendment Effective Date. Subject to the terms and conditions set forth herein, (A) each
L/C Issuer agrees, in reliance upon the agreements of the other Revolving Credit Lenders set forth in this Section 2.03, (1) from time to time on any Business Day during the period from the Seventh Amendment Effective Date until the Letter
of Credit Expiration Date, to issue Letters of Credit denominated in Dollars or 

  
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any Alternative Currency for the account of the Company (provided that any Letter of Credit may be for the benefit of any Subsidiary of the Company) and to amend or renew Letters of Credit
previously issued by it, in accordance with Section 2.03(b), and (2) to honor drafts under the Letters of Credit and (B) the Revolving Credit Lenders severally agree to participate in Letters of Credit issued pursuant to this
Section 2.03; provided that no L/C Issuer shall be obligated to make any L/C Credit Extension with respect to any Letter of Credit, and no Lender shall be obligated to participate in any Letter of Credit if as of the date of such L/C
Credit Extension, (x) the Revolving Credit Exposure of any Lender would exceed such Lender’s Revolving Credit Commitment or (y) the Outstanding Amount of the L/C Obligations would exceed the Letter of Credit Sublimit. Within the
foregoing limits, and subject to the terms and conditions hereof, the Company’s ability to obtain Letters of Credit shall be fully revolving, and accordingly the Company may, during the foregoing period, obtain Letters of Credit to replace
Letters of Credit that have expired or that have been drawn upon and reimbursed. In connection with the AS Separation Transactions, any L/C Issuer hereunder that is also an issuing bank in respect of any credit facility of AS Spinco or any of the AS
Subsidiaries on or after the AS Separation Date may give notice to the Administrative Agent and the L/C Issuers that any Letter of Credit issued hereunder for the benefit of any AS Subsidiary will, from and after the AS Separation Date, be deemed to
be a letter of credit issued under such credit facility of AS Spinco or any of the AS Subsidiaries and no longer be outstanding as a Letter of Credit hereunder. 

(ii) An L/C Issuer shall be under no obligation to issue any Letter of Credit if: 

(A) any order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain
such L/C Issuer from issuing such Letter of Credit, or any Law applicable to such L/C Issuer or any directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over such L/C Issuer shall prohibit, or direct
that such L/C Issuer refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon such L/C Issuer with respect to such Letter of Credit any restriction, reserve or capital requirement (for
which such L/C Issuer is not otherwise compensated hereunder) not in effect on the Sixth Amendment Effective Date, or shall impose upon such L/C Issuer any unreimbursed loss, cost or expense which was not applicable on the Sixth Amendment Effective
Date (for which such L/C Issuer is not otherwise compensated hereunder); 
 (B) subject to Section 2.03(b)(iii),
the expiry date of such requested Letter of Credit would occur more than twelve months after the date of issuance or last renewal, unless the Required Lenders have approved such expiry date; 

(C) the expiry date of such requested Letter of Credit would occur after the Letter of Credit Expiration Date, unless all the
Revolving Credit Lenders have approved such expiry date; 

  
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 (D) the issuance of such Letter of Credit would violate any Laws binding upon
such L/C Issuer; or 
 (E) such Letter of Credit is in an initial amount less than $100,000, in the case of a commercial
Letter of Credit, or $100,000, in the case of a standby Letter of Credit. 
 (iii) An L/C Issuer shall be under no obligation
to amend any Letter of Credit if (A) such L/C Issuer would have no obligation at such time to issue such Letter of Credit in its amended form under the terms hereof or (B) the beneficiary of such Letter of Credit does not accept the
proposed amendment to such Letter of Credit. 
 (b) Procedures for Issuance and Amendment of Letters of Credit; Auto-Renewal
Letters of Credit. (i) Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the Company delivered to an L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application,
appropriately completed and signed by a Responsible Officer of the Company. Such Letter of Credit Application must be received by the relevant L/C Issuer and the Administrative Agent not later than 12:30 p.m. at least two Business Days prior to the
proposed issuance date or date of amendment, as the case may be; or, in each case, such later date and time as the relevant L/C Issuer may agree in a particular instance in its sole discretion. In the case of a request for an initial issuance
of a Letter of Credit, such Letter of Credit Application shall specify in form and detail reasonably satisfactory to the relevant L/C Issuer: (a) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day);
(b) the amount thereof; (c) the expiry date thereof; (d) the name and address of the beneficiary thereof; (e) the documents to be presented by such beneficiary in case of any drawing thereunder; (f) the full text of any
certificate to be presented by such beneficiary in case of any drawing thereunder; (g) the currency, which, if other than Dollars, shall be an Alternative Currency, in which the requested Letter of Credit will be denominated; and (h) such
other matters as the relevant L/C Issuer may reasonably request. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail reasonably satisfactory to the
relevant L/C Issuer (1) the Letter of Credit to be amended; (2) the proposed date of amendment thereof (which shall be a Business Day); (3) the nature of the proposed amendment; and (4) such other matters as the relevant L/C
Issuer may reasonably request. 
 (ii) Promptly after receipt of any Letter of Credit Application, the relevant
L/C Issuer will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit Application from the Company and, if not, such L/C Issuer will provide the
Administrative Agent with a copy thereof. Upon receipt by the relevant L/C Issuer of confirmation from the Administrative Agent that the requested issuance or amendment is permitted in accordance with the terms hereof, then, subject to the terms and
conditions hereof, such L/C Issuer shall, on the requested date, issue a Letter of Credit for the account of the Company or enter into the applicable amendment, as the case may be. Immediately upon the issuance of each Letter of

  
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Credit, each Revolving Credit Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the relevant L/C Issuer a risk participation in such Letter of Credit
in an amount equal to the product of such Lender’s Pro Rata Share times the amount of such Letter of Credit. 
 (iii) If
the Company so requests in any applicable Letter of Credit Application, the relevant L/C Issuer shall agree to issue a Letter of Credit that has automatic renewal provisions (each, an “Auto-Renewal Letter of Credit”); provided
that any such Auto-Renewal Letter of Credit must permit the relevant L/C Issuer to prevent any such renewal at least once in each twelve month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the
beneficiary thereof not later than a day (the “Nonrenewal Notice Date”) in each such twelve month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the relevant L/C Issuer, the
Company shall not be required to make a specific request to the relevant L/C Issuer for any such renewal. Once an Auto-Renewal Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the relevant L/C
Issuer to permit the renewal of such Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date; provided that the relevant L/C Issuer shall not permit any such renewal if (A) the relevant L/C
Issuer has determined that it would have no obligation at such time to issue such Letter of Credit in its renewed form under the terms hereof (by reason of the provisions of Section 2.03(a)(ii) or otherwise) or (B) it has received notice
(which may be by telephone or in writing) on or before the day that is five Business Days before the Nonrenewal Notice Date from the Administrative Agent, any Revolving Credit Lender or the Borrower that one or more of the applicable conditions
specified in Section 4.02 is not then satisfied. 
 (iv) Promptly after its delivery of any Letter of Credit or any
amendment to a Letter of Credit to an advising bank with respect thereto or to the beneficiary thereof, the relevant L/C Issuer will also deliver to the Company and the Administrative Agent a true and complete copy of such Letter of Credit or
amendment. 
 (c) Drawings and Reimbursements; Funding of Participations. (i) Upon receipt from the beneficiary of any Letter of
Credit of any notice of a drawing under such Letter of Credit, the relevant L/C Issuer shall notify promptly the Company and the Administrative Agent of the amount thereof and the currency in which such Letter of Credit is denominated. Not later
than 11:00 a.m. on the Business Day immediately following any payment by an L/C Issuer under a Letter of Credit (each such date, an “Honor Date”), the Company shall reimburse such L/C Issuer through the Administrative Agent in the
currency, and in an amount equal to the amount, of such drawing. If the Company fails to so reimburse such L/C Issuer by such time, the Administrative Agent shall promptly notify each Appropriate Lender of the Honor Date, the amount and the currency
of the unreimbursed drawing (the “Unreimbursed Amount”) and the amount of such Appropriate Lender’s Pro Rata Share thereof. In such event, but solely in the case of Unreimbursed Amounts incurred under Letters of Credit

  
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denominated in Dollars, the Company shall be deemed to have requested a Revolving Credit Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed
Amount thereof, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans but subject to the amount of the unutilized portion of the Revolving Credit Commitments of the Appropriate Lenders
and the conditions set forth in Section 4.02 (other than the delivery of a Committed Loan Notice). Any notice given by an L/C Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i) may be given by telephone if immediately
confirmed in writing; provided that the lack of such an immediate confirmation shall not affect the conclusiveness or binding effect of such notice. 

(ii) Each Appropriate Lender (including any Lender acting as an L/C Issuer) shall upon any notice pursuant to
Section 2.03(c)(i) make funds available to the Administrative Agent for the account of the relevant L/C Issuer, at the Administrative Agent’s Office for payments in an amount equal to its Pro Rata Share of the Unreimbursed Amount, in the
currency of such Unreimbursed Amount, not later than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent. Solely in the case of Unreimbursed Amounts denominated in Dollars, and subject to the provisions of
Section 2.03(c)(iii), each Appropriate Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the Company in such amount. The Administrative Agent shall remit the funds so received to the relevant L/C Issuer. 

(iii) With respect to any Unreimbursed Amount that is not fully refinanced by a Revolving Credit Borrowing of Base Rate Loans
because the conditions set forth in Section 4.02 cannot be satisfied or for any other reason (including because the Letter of Credit under which such Unreimbursed Amount was incurred was denominated in an Alternative Currency), the Company
shall be deemed to have incurred from the relevant L/C Issuer an L/C Borrowing in the amount of the Unreimbursed Amount that is not so refinanced, which L/C Borrowing shall be due and payable on demand (together with interest) and shall bear
interest (A) in the event that such Unreimbursed Amount was incurred in respect of a Letter of Credit denominated in Dollars, at the Default Rate and (B) in the event that such Unreimbursed Amount was incurred in respect of a Letter of
Credit denominated in an Alternative Currency, a rate per annum (which may be a fluctuating rate) determined by the Administrative Agent (which determination will be conclusive absent manifest error) to represent the cost to the Appropriate Lenders
of funding such Alternative Currency on an overnight or other short-term basis from available funding sources plus the Applicable Rate used to determine interest applicable to Eurocurrency Loans plus 2.0%. In such event, each
Appropriate Lender’s payment to the Administrative Agent for the account of the relevant L/C Issuer pursuant to Section 2.03(c)(ii) shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C
Advance from such Lender in satisfaction of its participation obligation under this Section 2.03. 

  
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 (iv) Until each Appropriate Lender funds its Revolving Credit Loan (in the case
of Unreimbursed Amounts incurred in respect of Letters of Credit denominated in Dollars) or L/C Advance pursuant to this Section 2.03(c) to reimburse the relevant L/C Issuer for any amount drawn under any Letter of Credit, interest in respect
of such Lender’s Pro Rata Share of such amount shall be solely for the account of the relevant L/C Issuer. 
 (v) Each
Revolving Credit Lender’s obligation to make Revolving Credit Loans (in the case of Unreimbursed Amounts incurred in respect of Letters of Credit denominated in Dollars) or L/C Advances to reimburse an L/C Issuer for amounts drawn under Letters
of Credit, as contemplated by this Section 2.03(c), shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right which such Lender may have
against the relevant L/C Issuer, the Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of a Default or (C) any other occurrence, event or condition, whether or not similar to any of the foregoing;
provided that each Revolving Credit Lender’s obligation to make Revolving Credit Loans pursuant to this Section 2.03(c) is subject to the conditions set forth in Section 4.02 (other than delivery by the Borrower of a Committed
Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the Borrower to reimburse the relevant L/C Issuer for the amount of any payment made by such L/C Issuer under any Letter of Credit, together with
interest as provided herein. 
 (vi) If any Revolving Credit Lender fails to make available to the Administrative Agent for
the account of the relevant L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in Section 2.03(c)(ii), such L/C Issuer shall be entitled to recover
from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available to such L/C Issuer at a
rate per annum equal to (A) in respect of amounts owed in Dollars, the Overnight Rate from time to time in effect or (B) in respect of amounts owed in an Alternative Currency, the rate of interest per annum (which may be a fluctuating
rate) determined by the Administrative Agent (which determination will be conclusive absent manifest error) at which overnight deposits or, if not available, other short-term deposits, in such currency are offered in the applicable offshore
interbank market (the “Alternative Currency Short-Term Rate”). A certificate of the relevant L/C Issuer submitted to any Revolving Credit Lender (through the Administrative Agent) with respect to any amounts owing under this
Section 2.03(c)(vi) shall be conclusive absent manifest error. 
 (d) Repayment of Participations. (i) If, at any time
after an L/C Issuer has made a payment under any Letter of Credit and has received from any Revolving Credit Lender such Lender’s L/C Advance in respect of such payment in accordance with Section 2.03(c), the Administrative Agent receives
for the account of such L/C Issuer any 

  
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payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Company or otherwise, including proceeds of Cash Collateral applied thereto by the
Administrative Agent), the Administrative Agent will distribute to such Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s L/C Advance was
outstanding) in the same funds and currency as those received by the Administrative Agent. 
 (ii) If any payment received by
the Administrative Agent for the account of an L/C Issuer pursuant to Section 2.03(c)(i) is required to be returned under any of the circumstances described in Section 10.06 (including pursuant to any settlement entered into by such L/C
Issuer in its discretion), each Appropriate Lender shall pay to the Administrative Agent for the account of such L/C Issuer its Pro Rata Share thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the
date such amount is returned by such Lender, at a rate per annum equal to (A) in respect of payments in Dollars, the Overnight Rate from time to time in effect or (B) in respect of payments in an Alternative Currency, the Alternative
Currency Short-Term Rate. 
 (e) Obligations Absolute. The obligation of the Company to reimburse the relevant L/C Issuer for each
drawing under each Letter of Credit issued by it and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the
following: 
 (i) any lack of validity or enforceability of such Letter of Credit, this Agreement, or any other agreement or
instrument relating thereto; 
 (ii) the existence of any claim, counterclaim, setoff, defense or other right that any Loan
Party may have at any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting), the relevant L/C Issuer or any other Person, whether in connection with
this Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction; 

(iii) any draft, demand, certificate or other document presented under such Letter of Credit proving to be forged, fraudulent,
invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or any loss or delay in the transmission or otherwise of any document required in order to make a drawing under such Letter of Credit; 

(iv) any payment by the relevant L/C Issuer under such Letter of Credit against presentation of a draft or certificate that
does not strictly comply with the terms of such Letter of Credit; or any payment made by the relevant L/C Issuer under such Letter of Credit to any Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for the benefit of
creditors, liquidator, receiver or 

  
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other representative of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding under any Debtor Relief Law; 

(v) any exchange, release or nonperfection of any Collateral, or any release or amendment or waiver of or consent to departure
from the Guaranty or any other guarantee, for all or any of the Obligations any Loan Party in respect of such Letter of Credit; or 

(vi) any other circumstance or happening whatsoever, whether or not similar to any of the foregoing, including any other
circumstance that might otherwise constitute a defense available to, or a discharge of, any Loan Party; 
 provided that the foregoing shall not
excuse any L/C Issuer from liability to the Company to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are waived by the Company to the extent permitted by applicable Law) suffered by the Company
that are caused by such L/C Issuer’s gross negligence or willful misconduct when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof.  

(f) Role of L/C Issuers. Each Lender and the Company agree that, in paying any drawing under a Letter of Credit, the relevant L/C
Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by the Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the
authority of the Person executing or delivering any such document. None of the L/C Issuers, any Agent-Related Person nor any of the respective correspondents, participants or assignees of any L/C Issuer shall be liable to any Lender for (i) any
action taken or omitted in connection herewith at the request or with the approval of the Lenders or the Required Lenders, as applicable; (ii) any action taken or omitted in the absence of gross negligence or willful misconduct; or
(iii) the due execution, effectiveness, validity or enforceability of any document or instrument related to any Letter of Credit or Letter of Credit Application. The Company hereby assumes all risks of the acts or omissions of any beneficiary
or transferee with respect to its use of any Letter of Credit; provided that this assumption is not intended to, and shall not, preclude the Company’s pursuing such rights and remedies as it may have against the beneficiary or transferee
at law or under any other agreement. None of the L/C Issuers, any Agent-Related Person, nor any of the respective correspondents, participants or assignees of any L/C Issuer, shall be liable or responsible for any of the matters described in
clauses (i) through (vi) of Section 2.03(e); provided that anything in such clauses to the contrary notwithstanding, the Company may have a claim against an L/C Issuer, and such L/C Issuer may be liable to the Company, to the
extent, but only to the extent, of any direct, as opposed to consequential or exemplary, damages suffered by the Company which the Company proves were caused by such L/C Issuer’s willful misconduct or gross negligence or such
L/C Issuer’s willful or grossly negligent failure to pay under any Letter of Credit after the presentation to it by the beneficiary of a sight draft and certificate(s) strictly complying with the terms and conditions of a Letter of Credit.
In furtherance and not in limitation of the foregoing, each L/C Issuer may accept 

  
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documents that appear on their face to be in order, without responsibility for further investigation, regardless of any notice or information to the contrary, and no L/C Issuer shall be
responsible for the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign a Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be
invalid or ineffective for any reason. 
 (g) Cash Collateral. (i) If an L/C Issuer has honored any full or partial drawing
request under any Letter of Credit and such drawing has resulted in an L/C Borrowing and, solely in the case that such Letter of Credit is denominated in Dollars, the conditions set forth in Section 4.02 to a Revolving Credit Borrowing cannot
then be met, (ii) if, as of the Letter of Credit Expiration Date, any Letter of Credit may for any reason remain outstanding and partially or wholly undrawn, (iii) if any Event of Default occurs and is continuing and the Administrative
Agent or the Required Lenders, as applicable, require the Company to Cash Collateralize the L/C Obligations pursuant to Section 8.02(c) or (iv) an Event of Default set forth under Section 8.01(f) occurs and is continuing, then the
Company shall Cash Collateralize the then Outstanding Amount of all L/C Obligations (in an amount equal to such Outstanding Amount determined as of the date of such L/C Borrowing or the Letter of Credit Expiration Date, as the case may be;
provided that, solely for purposes of this Section 2.03(g), the Outstanding Amount shall be determined based upon the currencies in which all outstanding Letters of Credit (and Unreimbursed Amounts in respect thereof) are denominated)
and shall do so not later than 2:00 P.M., New York City time, on (x) in the case of the immediately preceding clauses (i) through (iii), (1) the Business Day that the Company receives notice thereof, if such notice is received on such
day prior to 12:00 Noon, New York City time, or (2) if clause (1) above does not apply, the Business Day immediately following the day that the Company receives such notice and (y) in the case of the immediately preceding clause (iv),
the Business Day on which an Event of Default set forth under Section 8.01(f) occurs or, if such day is not a Business Day, the Business Day immediately succeeding such day. For purposes hereof, “Cash Collateralize” means to
pledge and deposit with or deliver to the Administrative Agent, for the benefit of the relevant L/C Issuer and the Lenders, as collateral for the L/C Obligations, cash or deposit account balances in the currency of the Letter of Credit under which
such L/C Obligations were incurred (“Cash Collateral”) pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent and the relevant L/C Issuer (which documents are hereby consented to by the
Lenders). Derivatives of such term have corresponding meanings. The Company hereby grants to the Administrative Agent, for the benefit of the L/C Issuers and the Lenders, a security interest in all such cash, deposit accounts and all balances
therein and all proceeds of the foregoing. Cash Collateral shall be maintained in blocked accounts at JPMorgan Chase Bank and may be invested in readily available Cash Equivalents. If at any time the Administrative Agent determines that any funds
held as Cash Collateral are subject to any right or claim of any Person other than the Administrative Agent (on behalf of the Secured Parties) or that the total amount of such funds is less than the aggregate Outstanding Amount of all L/C
Obligations, the Company will, forthwith upon demand by the Administrative Agent, pay to the Administrative Agent, as additional funds to be deposited and held in the deposit accounts at JPMorgan Chase Bank as aforesaid, an amount equal to the
excess of (a) such 

  
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aggregate Outstanding Amount over (b) the total amount of funds, if any, then held as Cash Collateral that the Administrative Agent reasonably determines to be free and clear of any such
right and claim. Upon the drawing of any Letter of Credit for which funds are on deposit as Cash Collateral, such funds shall be applied, to the extent permitted under applicable Law, to reimburse the relevant L/C Issuer. To the extent the amount of
any Cash Collateral exceeds the then Outstanding Amount of such L/C Obligations and so long as no Event of Default has occurred and is continuing, the excess shall be refunded to the Company. 

(h) Letter of Credit Fees. The Company shall pay to the Administrative Agent for the account of each Revolving Credit Lender in
accordance with its Pro Rata Share of the Revolving Credit Commitments, a Letter of Credit fee for each Letter of Credit issued pursuant to this Agreement equal to the Applicable Rate times the daily maximum Dollar Amount then available to be drawn
under such Letter of Credit (whether or not such maximum amount is then in effect under such Letter of Credit if such maximum amount increases periodically pursuant to the terms of such Letter of Credit); provided that no such letter of
credit fee shall accrue on any of the Revolving Credit Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. Such letter of credit fees shall be computed on a quarterly basis in arrears. Such letter of credit fees
shall be due and payable in Dollars on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration
Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, the daily maximum amount of each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter
that such Applicable Rate was in effect. 
 (i) Fronting Fee and Documentary and Processing Charges Payable to L/C Issuers. The
Company shall pay directly to each L/C Issuer for its own account a fronting fee with respect to each Letter of Credit issued by it equal to 0.125% per annum of the daily maximum Dollar Amount then available to be drawn under such Letter of
Credit (whether or not such maximum amount is then in effect under such Letter of Credit if such maximum amount increases periodically pursuant to the terms of such Letter of Credit). Such fronting fees shall be computed on a quarterly basis in
arrears. Such fronting fees shall be due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of
Credit Expiration Date and thereafter on demand. In addition, the Company shall pay directly to each L/C Issuer for its own account the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of
such L/C Issuer relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable within ten Business Days of demand and are nonrefundable. 

(j) Conflict with Letter of Credit Application. Notwithstanding anything else to the contrary in this Agreement, in the event of any
conflict between the terms hereof and the terms of any Letter of Credit Application, the terms hereof shall control. 

  
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 (k) Addition of an L/C Issuer. A Revolving Credit Lender may become an additional L/C
Issuer hereunder pursuant to a written agreement among the Borrower, the Administrative Agent and such Revolving Credit Lender. The Administrative Agent shall notify the Revolving Credit Lenders of any such additional L/C Issuer. 

(l) Currency Equivalents. Each determination of the Dollar Amount of any L/C Obligations denominated in an Alternative Currency shall
be based on the Exchange Rate (i) on the date of the related Letter of Credit Application for purposes of the initial such determination for any L/C Obligations and (ii) on the fourth Business Day prior to the date as of which such Dollar
Amount is to be determined, for purposes of any subsequent determination. Without limiting the generality of the foregoing, for purposes of determining whether a mandatory prepayment is required under Section 2.05(b)(v), the Dollar Amount of
all L/C Obligations shall be so determined by the Administrative Agent on the last Business Day of each March, June, September and December and on the date of any Credit Extension hereunder. 

SECTION 2.04. Swing Line Loans. (a) The Swing Line. Subject to the terms and conditions set forth herein, the Swing Line
Lender agrees to make loans (each such loan, a “Swing Line Loan”) to the Company from time to time on any Business Day until the Maturity Date with respect to the Revolving Credit Commitments in an aggregate amount not to exceed at
any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated with the Pro Rata Share of the Outstanding Amount of Revolving Credit Loans and L/C Obligations of the Lender acting as
Swing Line Lender, may exceed the amount of such Lender’s Revolving Credit Commitment; provided that, after giving effect to any Swing Line Loan, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such
Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment then in effect;
provided further that, the Company shall not use the proceeds of any Swing Line Loan to refinance any outstanding Swing Line Loan. Within the foregoing limits, and subject to the other terms and conditions hereof, the Company may borrow under
this Section 2.04, prepay under Section 2.05 and reborrow under this Section 2.04. Each Swing Line Loan shall be a Base Rate Loan. Swing Line Loans shall only be denominated in Dollars. Immediately upon the making of a Swing Line
Loan, each Revolving Credit Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of such Lender’s Pro
Rata Share times the amount of such Swing Line Loan. 
 (b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the
Company’s irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by telephone. Each such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the
requested borrowing date, and shall specify (i) the amount to be borrowed, which shall be a minimum of $100,000, and (ii) the requested borrowing date, which shall be a Business Day. Each such telephonic notice must be confirmed promptly
by delivery to the Swing Line Lender and the Administrative Agent of a written Swing Line Loan Notice, 

  
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appropriately completed and signed by a Responsible Officer of the Company. Promptly after receipt by the Swing Line Lender of any telephonic Swing Line Loan Notice, the Swing Line Lender will
confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if not, the Swing Line Lender will notify the Administrative Agent (by telephone or in writing) of
the contents thereof. Unless the Swing Line Lender has received notice (by telephone or in writing) from the Administrative Agent (including at the request of any Revolving Credit Lender) prior to 2:00 p.m. on the date of the proposed Swing Line
Borrowing (A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the proviso to the first sentence of Section 2.04(a) or (B) that one or more of the applicable conditions
specified in Section 4.02 is not then satisfied, then, subject to the terms and conditions hereof, the Swing Line Lender will, not later than 3:00 p.m. on the borrowing date specified in such Swing Line Loan Notice, make the amount of its Swing
Line Loan available to the Company. 
 (c) Refinancing of Swing Line Loans. (i) The Swing Line Lender at any time in its sole
and absolute discretion may request, on behalf of the Company (which hereby irrevocably authorizes the Swing Line Lender to so request on its behalf), that each Revolving Credit Lender make a Base Rate Loan in an amount equal to such Lender’s
Pro Rata Share of the amount of Swing Line Loans then outstanding. Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of
Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the aggregate Revolving Credit Commitments and the conditions set forth in
Section 4.02. The Swing Line Lender shall furnish the Company with a copy of the applicable Committed Loan Notice promptly after delivering such notice to the Administrative Agent. Each Revolving Credit Lender shall make an amount equal to its
Pro Rata Share of the amount specified in such Committed Loan Notice available to the Administrative Agent in Same Day Funds for the account of the Swing Line Lender at the Administrative Agent’s Office for Dollar denominated payments not later
than 1:00 p.m. on the day specified in such Committed Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Revolving Credit Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in such
amount. The Administrative Agent shall remit the funds so received to the Swing Line Lender. 
 (ii) If for any reason any
Swing Line Loan cannot be refinanced by such a Revolving Credit Borrowing in accordance with Section 2.04(c)(i), the request for Base Rate Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing
Line Lender that each of the Revolving Credit Lenders fund its risk participation in the relevant Swing Line Loan and each Revolving Credit Lender’s payment to the Administrative Agent for the account of the Swing Line Lender pursuant to
Section 2.04(c)(i) shall be deemed payment in respect of such participation. 
 (iii) If any Revolving Credit Lender
fails to make available to the Administrative Agent for the account of the Swing Line Lender any amount 

  
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required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i), the Swing Line Lender shall be entitled to
recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available to the Swing Line
Lender at a rate per annum equal to the Overnight Rate from time to time in effect. A certificate of the Swing Line Lender submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under this clause
(iii) shall be conclusive absent manifest error. 
 (iv) Each Revolving Credit Lender’s obligation to make
Revolving Credit Loans or to purchase and fund risk participations in Swing Line Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff,
counterclaim, recoupment, defense or other right which such Lender may have against the Swing Line Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default or (C) any other
occurrence, event or condition, whether or not similar to any of the foregoing; provided that each Revolving Credit Lender’s obligation to make Revolving Credit Loans pursuant to this Section 2.04(c) is subject to the conditions set
forth in Section 4.02. No such funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swing Line Loans, together with interest as provided herein. 

(d) Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation
in a Swing Line Loan, if the Swing Line Lender receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such Lender its Pro Rata Share of such payment (appropriately adjusted, in the case of interest
payments, to reflect the period of time during which such Lender’s risk participation was funded) in the same funds as those received by the Swing Line Lender. 

(ii) If any payment received by the Swing Line Lender in respect of principal or interest on any Swing Line Loan is required to
be returned by the Swing Line Lender under any of the circumstances described in Section 10.06 (including pursuant to any settlement entered into by the Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swing
Line Lender its Pro Rata Share thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Overnight Rate. The Administrative Agent will make
such demand upon the request of the Swing Line Lender. 
 (e) Interest for Account of Swing Line Lender. The Swing Line Lender
shall be responsible for invoicing the Company for interest on the Swing Line Loans. Until each Revolving Credit Lender funds its Base Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Pro Rata Share
of any Swing Line Loan, interest in respect of such Pro Rata Share shall be solely for the account of the Swing Line Lender. 

  
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 (f) Payments Directly to Swing Line Lender. The Company shall make all payments of
principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender. 
 SECTION 2.05. Prepayments.
(a) Optional. (i) The Borrower may, upon notice to the Administrative Agent, at any time or from time to time voluntarily prepay Term Loans and Revolving Credit Loans in whole or in part without premium or penalty, subject to
clauses (a)(iv) through (vi) below; provided that (1) such notice must be received by the Administrative Agent not later than 12:30 p.m. (New York, New York time) (A) three Business Days prior to any date of prepayment of
Eurocurrency Rate Loans and (B) on the date of prepayment of Base Rate Loans; (2) any prepayment of Eurocurrency Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof; and (3) any
prepayment of Base Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and
amount of such prepayment and the Class(es) and Type(s) of Loans to be prepaid and may state that such notice is conditional upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness or
the occurrence of some other identifiable event or condition, in which case such notice of prepayment may be revoked by the Company (by notice to the Administrative Agent on or prior to the specified date of prepayment) if such condition is not
satisfied. The Administrative Agent will promptly notify each Appropriate Lender of its receipt of each such notice, and of the amount of such Lender’s Pro Rata Share of such prepayment. If such notice is given by the Borrower, the Borrower
shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest thereon, together with any
additional amounts required pursuant to Section 3.05. Each prepayment of the Loans pursuant to this Section 2.05(a) shall be paid to the Appropriate Lenders in accordance with their respective Pro Rata Shares. At the Company’s
election in connection with any prepayment of Revolving Credit Loans pursuant to this Section 2.05(a), such prepayment shall not be applied to any Revolving Credit Loan of a Defaulting Lender and shall be reallocated among the relevant
non-Defaulting Lenders. 
 (ii) The Company may, upon notice to the Swing Line Lender (with a copy to the Administrative
Agent), at any time or from time to time, voluntarily prepay Swing Line Loans in whole or in part without premium or penalty; provided that (1) such notice must be received by the Swing Line Lender and the Administrative Agent not later
than 1:00 p.m. on the date of the prepayment, and (2) any such prepayment shall be in a minimum principal amount of $100,000 or a whole multiple of $100,000 in excess thereof or, if less, the entire principal amount thereof then outstanding.
Each such notice shall specify the date and amount of such prepayment. If such notice is given by the Company, the Company shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified
therein. 

  
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 (iii) Notwithstanding anything to the contrary contained in this Agreement, the
Company may rescind any notice of prepayment under Section 2.05(a)(i)or 2.05(a)(ii) if such prepayment would have resulted from a refinancing of all of the Facilities, which refinancing shall not be consummated or shall otherwise be delayed.

 (iv) All voluntary prepayments of Tranche C Term Loans and all mandatory prepayments of Tranche C Term Loans required as a
result of the incurrence of Indebtedness pursuant to Section 2.05(b)(iv) or as a result of such Tranche C Term Loans being refinanced in accordance with the provisions of Section 2.18 that, in any case are effected on or prior to the first
anniversary of the Fourth Amendment Effective Date with the proceeds of a substantially concurrent issuance or incurrence of Indebtedness (including any replacement or incremental term loan facility effected pursuant to an amendment of this
Agreement) incurred for the primary purpose of repaying, refinancing, substituting or replacing, in whole or in part, the Tranche C Term Loans (and, in any event, excluding any repayment, refinancing, substitution or replacement of the Tranche C
Term Loans that may occur in connection with a larger strategic transaction of the Company including in connection with or in contemplation of the AS Separation Transactions) will be accompanied by a prepayment fee equal to 1.00% of the aggregate
principal amount of such prepayment if the effective interest rate or weighted average yield (assuming a 4-year life to maturity) (to be determined in the reasonable discretion of the Administrative Agent consistent with generally accepted financial
practices, after giving effect to margins, upfront or similar fees or original issue discount shared with all lenders or holders thereof, but excluding the effect of any arrangement, structuring, syndication or other fees payable in connection
therewith that are not shared with all lenders or holders thereof) applicable to such Indebtedness is, or upon satisfaction of certain conditions could be, less than the effective interest rate for, or weighted average yield of (to be determined in
the reasonable discretion of the Administrative Agent consistent with generally accepted financial practices, on the same basis as above) the Tranche C Term Loans. Such fee shall be paid by the Company to the Administrative Agent, for the
accounts of the relevant Tranche C Term Lenders, on the date of such prepayment. 
 (v) All voluntary prepayments of Tranche
D Term Loans and all mandatory prepayments of Tranche D Term Loans required as a result of the incurrence of Indebtedness pursuant to Section 2.05(b)(iv) or as a result of such Tranche D Term Loans being refinanced in accordance with the
provisions of Section 2.18 that, in any case are effected on or prior to the first anniversary of the Fifth Amendment Effective Date with the proceeds of a substantially concurrent issuance or incurrence of Indebtedness (including any
replacement or incremental term loan facility effected pursuant to an amendment of this Agreement) incurred for the primary purpose of repaying, refinancing, substituting or replacing, in 

  
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whole or in part, the Tranche D Term Loans (and, in any event, excluding any repayment, refinancing, substitution or replacement of the Tranche D Term Loans that may occur in connection with a
larger strategic transaction of the Company including in connection with or in contemplation of the AS Separation Transactions) will be accompanied by a prepayment fee equal to 1.00% of the aggregate principal amount of such prepayment if the
effective interest rate or weighted average yield (assuming a 4-year life to maturity) (to be determined in the reasonable discretion of the Administrative Agent consistent with generally accepted financial practices, after giving effect to margins,
LIBOR floors, upfront or similar fees or original issue discount shared with all lenders or holders thereof, but excluding the effect of any arrangement, structuring, syndication or other fees payable in connection therewith that are not shared with
all lenders or holders thereof) applicable to such Indebtedness is, or upon satisfaction of certain conditions could be, less than the effective interest rate for, or weighted average yield of (to be determined in the reasonable discretion of the
Administrative Agent consistent with generally accepted financial practices, on the same basis as above) the Tranche D Term Loans. Such fee shall be paid by the Company to the Administrative Agent, for the accounts of the relevant Tranche D
Term Lenders, on the date of such prepayment. 
 (vi) All voluntary prepayments of Tranche E Term Loans and all mandatory
prepayments of Tranche E Term Loans required as a result of the incurrence of Indebtedness pursuant to Section 2.05(b)(iv) or as a result of such Tranche E Term Loans being refinanced in accordance with the provisions of Section 2.18 that,
in any case are effected on or prior to the first anniversary of the Sixth Amendment Effective Date with the proceeds of a substantially concurrent issuance or incurrence of Indebtedness (including any replacement or incremental term loan facility
effected pursuant to an amendment of this Agreement) incurred for the primary purpose of repaying, refinancing, substituting or replacing, in whole or in part, the Tranche E Term Loans (and, in any event, excluding any repayment, refinancing,
substitution or replacement of the Tranche E Term Loans that may occur in connection with a larger strategic transaction of the Company including in connection with or in contemplation of the AS Separation Transactions) will be accompanied by a
prepayment fee equal to 1.00% of the aggregate principal amount of such prepayment if the effective interest rate or weighted average yield (assuming a 4-year life to maturity) (to be determined in the reasonable discretion of the Administrative
Agent consistent with generally accepted financial practices, after giving effect to margins, LIBOR floors, upfront or similar fees or original issue discount shared with all lenders or holders thereof, but excluding the effect of any arrangement,
structuring, syndication or other fees payable in connection therewith that are not shared with all lenders or holders thereof) applicable to such Indebtedness is, or upon satisfaction of certain conditions could be, less than the effective interest
rate for, or weighted average yield of (to be determined in the reasonable discretion of the Administrative Agent consistent with generally accepted financial practices, on the same basis as above) the Tranche E Term Loans. Such fee shall be
paid by the Company to the Administrative Agent, for the accounts of the relevant Tranche E Term Lenders, on the date of such prepayment. 

  
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 (b) Mandatory. (i) Within five Business Days after financial statements have been
delivered pursuant to Section 6.01(a) and the related Compliance Certificate has been delivered pursuant to Section 6.02(b), the Company shall cause to be prepaid an aggregate amount of Term Loans in an amount equal to (A) 50% of
Excess Cash Flow, if any, for the fiscal year covered by such financial statements (commencing with the fiscal year ended December 31, 2006 and excluding the fiscal year ended December 31, 2014) minus (B) the sum of
(i) all voluntary prepayments of Term Loans during such fiscal year and (ii) all voluntary prepayments of Revolving Credit Loans during such fiscal year to the extent the Revolving Credit Commitments are permanently reduced by the amount
of such payments, in the case of each of the immediately preceding clauses (i) and (ii), to the extent such prepayments are not funded with the proceeds of Indebtedness; provided that no payment of any Loans shall be required under this
Section 2.05(b)(i) if the Total Leverage Ratio as of the last day of the fiscal year covered by such financial statements was less than 5.00:1. 

(ii) (A) If (x) Holdings, the Company or any Restricted Subsidiary Disposes of any property or assets (other than any
Disposition of any property or assets permitted by Section 7.05(a), (b), (c), (d) (to the extent constituting a Disposition by any Restricted Subsidiary to a Loan Party), (e), (f), (g), (h), (i), (j) or (n)), or (y) any Casualty
Event occurs, which in the aggregate results in the realization or receipt by Holdings, the Company or such Restricted Subsidiary of Net Cash Proceeds, the Company shall cause to be prepaid on or prior to the date which is ten Business Days after
the date of the realization or receipt of such Net Cash Proceeds an aggregate amount of Term Loans in an amount equal to 100% of all Net Cash Proceeds received; provided that, except with respect to a Disposition pursuant to
Section 7.05(o), no such prepayment shall be required pursuant to this Section 2.05(b)(ii)(A) with respect to such portion of such Net Cash Proceeds that the Company shall have, on or prior to such date, given written notice to the
Administrative Agent of its intent to reinvest in accordance with Section 2.05(b)(ii)(B) (which notice may only be provided if no Event of Default has occurred and is then continuing); 

(B) With respect to any Net Cash Proceeds realized or received with respect to any Disposition (other than any Disposition
specifically excluded from the application of Section 2.05(b)(ii)(A) and any Disposition pursuant to Section 7.05(o)) or any Casualty Event, at the option of the Company the Company may reinvest all or any portion of such Net Cash Proceeds
in assets useful for its business within (x) fifteen months following receipt of such Net Cash Proceeds or (y) if the Company enters into a legally binding commitment to reinvest such Net Cash Proceeds within fifteen months following
receipt thereof, within one hundred and eighty days of the date of such legally binding commitment; provided that (i) so long as an Event of Default shall have occurred and be continuing, the Company (x) shall not be permitted to
make any such 

  
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reinvestments (other than pursuant to a legally binding commitment that the Company entered into at a time when no Event of Default is continuing) and (y) shall not be required to apply such
Net Cash Proceeds which have been previously applied to prepay Revolving Credit Loans to the prepayment of Term Loans until such time as the relevant investment period has expired and no Event of Default is continuing and (ii) if any Net Cash
Proceeds are no longer intended to be or cannot be so reinvested at any time after delivery of a notice of reinvestment election, an amount equal to any such Net Cash Proceeds shall be applied within five Business Days after the Company reasonably
determines that such Net Cash Proceeds are no longer intended to be or cannot be so reinvested to the prepayment of the Term Loans as set forth in this Section 2.05. 

(iii) Notwithstanding the immediately preceding clause (ii), if Holdings, the Company or any Restricted Subsidiary enters into
(A) any incremental financings under the Receivables Facility or (B) any increases in the amount available under the Receivables Facility, the Company shall cause to be prepaid an aggregate amount of Term Loans in an amount equal to 100%
of all Net Cash Proceeds received therefrom on or prior to the date which is five Business Days after the receipt of such Net Cash Proceeds. 

(iv) If Holdings, the Company or any Restricted Subsidiary incurs or issues any Indebtedness not expressly permitted to be
incurred or issued pursuant to Section 7.03, the Company shall cause to be prepaid an aggregate amount of Term Loans in an amount equal to 100% of all Net Cash Proceeds received therefrom on or prior to the date which is five Business Days
after the receipt of such Net Cash Proceeds. 
 (v) If for any reason the aggregate Revolving Credit Exposures at any time
exceeds the aggregate Revolving Credit Commitments then in effect (including pursuant to Section 4.03(f)), the Company shall promptly prepay or cause to be promptly prepaid Revolving Credit Loans and Swing Line Loans and/or Cash Collateralize
the L/C Obligations in an aggregate amount equal to such excess; provided that the Company shall not be required to Cash Collateralize the L/C Obligations pursuant to this sentence unless after the prepayment in full of the Revolving Credit
Loans and Swing Line Loans such aggregate Outstanding Amount exceeds the aggregate Revolving Credit Commitments then in effect. 

(vi) Not later than ten days after the AS Separation Date, the Company shall cause to be prepaid Term Loans outstanding on such
date in an aggregate principal amount equal to 100% of all Net Cash Proceeds received by AS Spinco from the incurrence of AS Term Loans. 

(vii) Each prepayment of Term Loans required pursuant to this Section 2.05(b) shall be applied (x) in the case of
prepayments required by Section 2.05(b)(ii) or 2.05(b)(vi), among the Classes of Term Loans in such 

  
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manner as directed by the Borrower, and within each such Class of Term Loans, shall be applied in direct order of maturity to repayments thereof required pursuant to Section 2.07(a) and
(y) in all other cases, to each Class of Term Loans on a pro rata basis in accordance with the relative outstanding principal amounts of Term Loans in such Classes and, within each such Class, in direct order of maturity to repayments thereof
required pursuant to Section 2.07(a); and each such prepayment shall be paid to the Lenders of the relevant Class in accordance with their respective Pro Rata Shares of such Class, subject to clause (viii) of this Section 2.05(b).

 (viii) The Company shall notify the Administrative Agent in writing of any mandatory prepayment of Term Loans required to
be made pursuant to clauses (i) through (iv) or clause (vi) of this Section 2.05(b) at least three Business Days prior to the date of such prepayment. Any such notice of a mandatory prepayment pursuant to clause (vi) of this
Section 2.05(b), if delivered prior to the AS Separation Date, may be conditional upon the occurrence of the AS Separation Transactions on the date specified in such notice, and may be revoked by the Company (by notice to the Administrative
Agent) if the AS Separation Transactions do not occur on such date and may specify a date for prepayment that is on or after the AS Separation Date; provided that if such notice specifies prepayment to occur on the AS Separation Date and Net
Cash Proceeds of the AS Term Loans are not received by the Company with sufficient time to satisfy the timing requirements of Section 2.12(a) then such repayment may be made on the following Business Day. Each such notice shall specify the date
of such prepayment, provide a reasonably detailed calculation of the amount of such prepayment and, in the case of any prepayment required under Section 2.05(b)(ii) or 2.05(b)(vi), specify the manner in which the amount of such prepayment shall
be allocated among the Classes of Term Loans. The Administrative Agent will promptly notify each Appropriate Lender of the contents of the Company’s prepayment notice and of such Appropriate Lender’s Pro Rata Share of the prepayment. 

(ix) Funding Losses, Etc. All prepayments under this Section 2.05 shall be made together with, in the case
of any such prepayment of a Eurocurrency Rate Loan on a date other than the last day of an Interest Period therefor, any amounts owing in respect of such Eurocurrency Rate Loan pursuant to Section 3.05. Notwithstanding any of the other
provisions of Section 2.05(b), so long as no Event of Default shall have occurred and be continuing, if any prepayment of Eurocurrency Rate Loans is required to be made under this Section 2.05(b), other than on the last day of the Interest
Period therefor, the Borrower may, in its sole discretion, deposit the amount of any such prepayment otherwise required to be made thereunder into a Cash Collateral Account until the last day of such Interest Period, at which time the Administrative
Agent shall be authorized (without any further action by or notice to or from the Borrower or any other Loan Party) to apply such amount to the prepayment of such Loans in accordance with this Section 2.05(b). Upon the occurrence and during the
continuance of any Event of Default, the Administrative Agent shall also be authorized (without any further 

  
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action by or notice to or from the Borrower or any other Loan Party) to apply such amount to the prepayment of the outstanding Loans in accordance with this Section 2.05(b). 

SECTION 2.06. Termination or Reduction of Commitments. (a) Optional. The Company may, upon written notice to the
Administrative Agent, terminate the unused Commitments of any Class, or from time to time permanently reduce the unused Commitments of any Class; provided that (i) any such notice shall be received by the Administrative Agent three
Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $1,000,000 or any whole multiple of $500,000 in excess thereof and (iii) if, after giving effect to any
reduction of the Commitments, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the Revolving Credit Facility, such sublimit shall be automatically reduced by the amount of such excess. The amount of any such Commitment
reduction shall not be applied to the Letter of Credit Sublimit or the Swing Line Sublimit unless otherwise specified by the Company. Notwithstanding the foregoing, the Company may rescind or postpone any notice of termination of the Commitments if
such termination would have resulted from a refinancing of all of the Facilities, which refinancing shall not be consummated or otherwise shall be delayed. 

(b) [Reserved] 
 (c)
Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, the Swing Line Sublimit or the unused
Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments
are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments shall be paid on the effective date of
such termination. 
 SECTION 2.07. Repayment of Loans. (a) U.S. Term Loans. The Borrower shall repay to the
Administrative Agent for the ratable account of the U.S. Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the First Amendment Effective Date, an aggregate
amount equal to 0.25% of the aggregate amount of all U.S. Term Loans outstanding on the First Amendment Effective Date, it being understood that such Loans were subsequently converted into Tranche A U.S. Term Loans and Tranche C Term
Loans, which will continue to be paid their ratable share of such amortization payments (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and
(ii) on the Maturity Date for each Class of U.S. Term Loans, the aggregate principal amount of such U.S. Term Loans outstanding on such date. 

(b) Tranche D Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche D Term Lenders
(i) on the 

  
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last Business Day of each March, June, September and December, commencing with March 29, 2013, an aggregate amount equal to 0.25% of the aggregate amount of all Tranche D Term Loans
outstanding on the Fifth Amendment Effective Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (ii) on the Maturity Date for the
Tranche D Term Loans, the aggregate principal amount of all Tranche D Term Loans outstanding on such date. 
 (c) Tranche E Term
Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche E Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with June 28, 2013, an aggregate
amount equal to 0.25% of the aggregate amount of all Tranche E Term Loans outstanding on the Sixth Amendment Effective Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set
forth in Section 2.05) and (ii) on the Maturity Date for the Tranche E Term Loans, the aggregate principal amount of all Tranche E Term Loans outstanding on such date. 

(d) Revolving Credit Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders on
the Maturity Date for the Revolving Credit Commitments, the aggregate principal amount of all the Revolving Credit Loans outstanding on such date. 

(e) Swing Line Loans. The Borrower shall repay its Swing Line Loans on the earlier to occur of (i) the date five Business Days
after such Loan is made and (ii) the Maturity Date for the Revolving Credit Facility. 
 SECTION 2.08. Interest.
(a) Subject to the provisions of Section 2.08(b), (i) each Eurocurrency Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Eurocurrency Rate for such
Interest Period plus the Applicable Rate plus (in the case of a Eurocurrency Rate Loan of any Lender which is lent from a Lending Office in the United Kingdom or a Participating Member State) the Mandatory Cost; (ii) each Base Rate Loan shall
bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate and (iii) each Swing Line Loan shall bear interest on the outstanding principal
amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for Revolving Credit Loans. 

(b) The Borrower shall pay interest on past due amounts hereunder at a fluctuating interest rate per annum at all times equal to the Default
Rate to the fullest extent permitted by applicable Laws. Accrued and unpaid interest on past due amounts (including interest on past due interest) shall be due and payable upon demand. 

(c) Interest on each Loan shall be due and payable in arrears on each Interest Payment Date applicable thereto and at such other times as may
be specified herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law. 

  
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 SECTION 2.09. Fees. In addition to certain fees described in Sections 2.03(h) and (i):

 (a) Commitment Fee. The Company shall pay to the Administrative Agent for the account of each Revolving Credit Lender in
accordance with its Pro Rata Share of the Revolving Credit Commitments, a commitment fee equal to the Applicable Rate with respect to commitment fees in respect of such Revolving Credit Commitments times the actual daily amount by which the
aggregate Revolving Credit Commitments exceed the sum of (A) Outstanding Amount of Revolving Credit Loans and (B) the Outstanding Amount of L/C Obligations; provided that any commitment fee accrued with respect to any of the
Commitments of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Company so long as such Lender shall be a Defaulting Lender except to the extent that
such commitment fee shall otherwise have been due and payable by the Company prior to such time; and provided further that no commitment fee shall accrue on any of the Commitments of a Defaulting Lender so long as such Lender shall be a
Defaulting Lender. The commitment fee shall accrue at all times from the Sixth Amendment Effective Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the conditions in Article 4 is
not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Sixth Amendment Effective Date and on the Maturity Date for the
Revolving Credit Facility. The commitment fee shall be calculated quarterly (or in respect of any shorter period for which commitment fees are required to be paid) in arrears, and if there is any change in the Applicable Rate during any quarter (or
any such shorter period), the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period that such Applicable Rate was in effect. 

(b) Other Fees. The Company shall pay to the Agents such fees as shall have been separately agreed upon in writing in the amounts and
at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever (except as expressly agreed between the Company and the applicable Agent). 

SECTION 2.10. Computation of Interest and Fees. All computations of interest for Base Rate Loans when the Base Rate is determined by
JPMorgan Chase Bank’s “prime rate” shall be made on the basis of a year of 365 days and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360 day year and actual days elapsed. Interest
shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid; provided that any Loan that is repaid on the same day on which it
is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. 

  
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 SECTION 2.11. Evidence of Indebtedness. (a) The Credit Extensions made by each Lender
shall be evidenced by one or more accounts or records maintained by such Lender and evidenced by one or more entries in the Register maintained by the Administrative Agent, acting solely for purposes of Treasury Regulation Section 5f.103-1(c),
as agent for the Borrower, in each case in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be prima facie evidence absent manifest error of the amount of the Credit Extensions
made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect
to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent
shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Note payable to such Lender, which shall
evidence such Lender’s Loans in addition to such accounts or records. Any such Note evidencing a Term Loan prior to the Fourth Amendment Effective Date that was converted into a Tranche C Term Loan on the Fourth Amendment Effective Date may be
exchanged, upon the request of the relevant Term Lender through the Administrative Agent and the surrender to the Administrative Agent of such existing Note, for Notes that the Company will execute and deliver through the Administrative Agent,
evidencing the Tranche C Term Loans into which such Term Loan was converted on the Fourth Amendment Effective Date. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of its Loans and
payments with respect thereto. 
 (b) In addition to the accounts and records referred to in Section 2.11(a), each Lender and the
Administrative Agent shall maintain in accordance with its usual practice accounts or records and, in the case of the Administrative Agent, entries in the Register, evidencing the purchases and sales by such Lender of participations in Letters of
Credit and Swing Line Loans. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and records of the Administrative
Agent shall control in the absence of manifest error. 
 (c) Entries made in good faith by the Administrative Agent in the Register pursuant
to Sections 2.11(a) and (b), and by each Lender in its account or accounts pursuant to Sections 2.11(a) and (b), shall be prima facie evidence of the amount of principal and interest due and payable or to become due and payable from the
Borrower to, in the case of the Register, each Lender and, in the case of such account or accounts, such Lender, under this Agreement and the other Loan Documents, absent manifest error; provided that the failure of the Administrative Agent
or such Lender to make an entry, or any finding that an entry is incorrect, in the Register or such account or accounts shall not limit or otherwise affect the obligations of the Borrower under this Agreement and the other Loan Documents. 

  
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 SECTION 2.12. Payments Generally. (a) All payments to be made by the Borrower shall
be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the
respective Lenders to which such payment is owed, at the applicable Administrative Agent’s Office in Dollars and in Same Day Funds not later than 2:00 p.m. on the date specified herein. All payments received by the Administrative Agent after
2:00 p.m. shall in each case be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. 

(b) If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following
Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be; provided that, if such extension would cause payment of interest on or principal of Eurocurrency Rate Loans to be made in the next
succeeding calendar month, such payment shall be made on the immediately preceding Business Day. 
 (c) Unless the Borrower or any Lender has
notified the Administrative Agent, prior to the date any payment is required to be made by it to the Administrative Agent hereunder, that the Borrower or such Lender, as the case may be, will not make such payment, the Administrative Agent may
assume that the Borrower or such Lender, as the case may be, has timely made such payment and may (but shall not be so required to), in reliance thereon, make available a corresponding amount to the Person entitled thereto. If and to the extent that
such payment was not in fact made to the Administrative Agent in Same Day Funds, then: 
 (i) if the Borrower failed to make
such payment, each Lender shall forthwith on demand repay to the Administrative Agent the portion of such assumed payment that was made available to such Lender in Same Day Funds, together with interest thereon in respect of each day from and
including the date such amount was made available by the Administrative Agent to such Lender to the date such amount is repaid to the Administrative Agent in Same Day Funds at the Overnight Rate from time to time in effect; and 

(ii) if any Lender failed to make such payment, such Lender shall forthwith on demand pay to the Administrative Agent the
amount thereof in Same Day Funds, together with interest thereon for the period from the date such amount was made available by the Administrative Agent to the Borrower to the date such amount is recovered by the Administrative Agent (the
“Compensation Period”) at a rate per annum equal to the Overnight Rate from time to time in effect. When such Lender makes payment to the Administrative Agent (together with all accrued interest thereon), then such payment amount
(excluding the amount of any interest which may have accrued and been paid in respect of such late payment) shall constitute such Lender’s Loan included in the applicable Borrowing. If such Lender does not pay such amount forthwith upon the
Administrative Agent’s demand therefor, the Administrative Agent may make a demand therefor upon the Borrower, and the Borrower shall pay such amount to 

  
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the Administrative Agent, together with interest thereon for the Compensation Period at a rate per annum equal to the rate of interest applicable to the applicable Borrowing. Nothing herein shall
be deemed to relieve any Lender from its obligation to fulfill its Commitment or to prejudice any rights which the Administrative Agent or the Borrower may have against any Lender as a result of any default by such Lender hereunder. 

A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount owing under this Section 2.12(c) shall be
conclusive, absent manifest error. 
 (d) If any Lender makes available to the Administrative Agent funds for any Loan to be made by such
Lender as provided in the foregoing provisions of this Article 2, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the applicable Credit Extension set forth in Article 4 are not satisfied or
waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender, without interest. 

(e) The obligations of the Lenders hereunder to make Loans and to fund participations in Letters of Credit and Swing Line Loans are several
and not joint. The failure of any Lender to make any Loan or to fund any such participation on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible
for the failure of any other Lender to so make its Loan or purchase its participation. 
 (f) Nothing herein shall be deemed to obligate any
Lender to obtain the funds for any Loan in any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any particular place or manner. 

(g) Whenever any payment received by the Administrative Agent under this Agreement or any of the other Loan Documents is insufficient to pay
in full all amounts due and payable to the Administrative Agent and the Lenders under or in respect of this Agreement and the other Loan Documents on any date, such payment shall be distributed by the Administrative Agent and applied by the
Administrative Agent and the Lenders in the order of priority set forth in Section 8.04. If the Administrative Agent receives funds for application to the Obligations of the Loan Parties under or in respect of the Loan Documents under
circumstances for which the Loan Documents do not specify the manner in which such funds are to be applied, the Administrative Agent may, but shall not be obligated to, elect to distribute such funds to each of the Lenders in accordance with such
Lender’s Pro Rata Share of the sum of (a) the Outstanding Amount of all Loans outstanding at such time and (b) the Outstanding Amount of all L/C Obligations outstanding at such time, in repayment or prepayment of such of the
outstanding Loans or other Obligations then owing to such Lender. 

  
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 SECTION 2.13. Sharing of Payments. If, other than as expressly provided elsewhere herein,
any Lender shall obtain on account of the Loans made by it, or the participations in L/C Obligations and Swing Line Loans held by it, any payment (whether voluntary, involuntary, through the exercise of any right of setoff, or otherwise) in excess
of its ratable share (or other share contemplated hereunder) thereof, such Lender shall immediately (a) notify the Administrative Agent of such fact and (b) purchase from the other Lenders such participations in the Loans made by them
and/or such subparticipations in the participations in L/C Obligations or Swing Line Loans held by them, as the case may be, as shall be necessary to cause such purchasing Lender to share the excess payment in respect of such Loans or such
participations, as the case may be, pro rata with each of them; provided that if all or any portion of such excess payment is thereafter recovered from the purchasing Lender under any of the circumstances described in Section 10.06
(including pursuant to any settlement entered into by the purchasing Lender in its discretion), such purchase shall to that extent be rescinded and each other Lender shall repay to the purchasing Lender the purchase price paid therefor, together
with an amount equal to such paying Lender’s ratable share (according to the proportion of (i) the amount of such paying Lender’s required repayment to (ii) the total amount so recovered from the purchasing Lender) of any
interest or other amount paid or payable by the purchasing Lender in respect of the total amount so recovered, without further interest thereon. The Borrower agrees that any Lender so purchasing a participation from another Lender may, to the
fullest extent permitted by applicable Law, exercise all its rights of payment (including the right of setoff, but subject to Section 10.09) with respect to such participation as fully as if such Lender were the direct creditor of the Borrower
in the amount of such participation. The Administrative Agent will keep records (which shall be conclusive and binding in the absence of manifest error) of participations purchased under this Section 2.13 and will in each case notify the
Lenders following any such purchases or repayments. Each Lender that purchases a participation pursuant to this Section 2.13 shall from and after such purchase have the right to give all notices, requests, demands, directions and other
communications under this Agreement with respect to the portion of the Obligations purchased to the same extent as though the purchasing Lender were the original owner of the Obligations purchased. 

SECTION 2.14. [Reserved]. 

SECTION 2.15. Incremental Credit Extensions. (a) The Company may at any time or from time to time after the Sixth Amendment
Effective Date, by notice to the Administrative Agent (whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders), request (a) one or more additional tranches of term loans (the “Incremental Term
Loans”) or (b) one or more increases in the amount of the Revolving Credit Commitments (each such increase, a “Revolving Commitment Increase”); provided that (i) both at the time of any such request and
upon the effectiveness of any Incremental Amendment referred to below, no Default or Event of Default shall exist and at the time that any such Incremental Term Loan is made (and after giving effect thereto) no Default or Event of Default shall
exist and (ii) the Company shall be in compliance with the covenant set forth in Section 7.11(a) determined on a Pro Forma Basis as of the date of such Incremental Term Loan or 

  
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Revolving Commitment Increase and the last day of the most recent Test Period (regardless of whether such covenant is then applicable), in each case, as if such Incremental Term Loans or
Revolving Commitment Increases, as applicable, had been outstanding on the last day of such fiscal quarter of the Company for testing compliance therewith. Each tranche of Incremental Term Loans and each Revolving Commitment Increase shall be in an
aggregate principal amount that is not less than $50,000,000 (provided that such amount may be less than $50,000,000 if such amount represents all remaining availability under the limit set forth in the next sentence). Notwithstanding
anything to the contrary herein, the aggregate amount of the Incremental Term Loans, the Revolving Commitment Increases and Alternative Incremental Facility Debt (x) after the Sixth Amendment Effective Date and prior to the AS Separation Date
shall not exceed $750,000,000 and (y) from and after the AS Separation Date shall not exceed $500,000,000 less the aggregate principal amount (not in excess of $500,000,000) of Incremental Term Loans, Revolving Commitment Increases and
Alternative Incremental Facility Debt incurred after the Sixth Amendment Effective Date and prior to the AS Separation Date; provided that the aggregate amount of the Revolving Commitment Increases shall not exceed $200,000,000. The
Incremental Term Loans (a) shall rank pari passu or junior in right of payment and of security with the Revolving Credit Loans and the Term Loans, (b) shall not mature earlier than the Latest Maturity Date with respect to the Term
Loans that is in effect on the date such Incremental Term Loans are incurred and (c) except as set forth above, shall be treated substantially the same as the Term Loans (in each case, including with respect to mandatory and voluntary
prepayments), provided that (i) the terms and conditions applicable to Incremental Term Loans may be materially different from those of the Term Loans to the extent such differences are reasonably acceptable to the Arrangers and (ii) the
interest rates and amortization schedule applicable to the Incremental Term Loans shall be determined by the Company and the lenders thereof. 

Each notice from the Company pursuant to this Section shall set forth the requested amount and proposed terms of the relevant Incremental Term
Loans or Revolving Commitment Increases. Incremental Term Loans may be made, and Revolving Commitment Increases may be provided, by any existing Lender or by an Additional Lender; provided that (i) the Administrative Agent shall have
consented (not to be unreasonably withheld) to such Lender’s or Additional Lender’s making such Incremental Term Loans or providing such Revolving Commitment Increases if such consent would be required under Section 10.07(b) for an
assignment of Loans or Revolving Credit Commitments, as applicable, to such Lender or Additional Lender and (ii) Purchasing Affiliated Lenders may not provide any Revolving Commitment Increases. Commitments in respect of Incremental Term Loans
and Revolving Commitment Increases shall become Commitments (or in the case of a Revolving Commitment Increase to be provided by an existing Revolving Credit Lender, an increase in such Lender’s applicable Revolving Credit Commitment) under
this Agreement pursuant to an amendment (an “Incremental Amendment”) to this Agreement and, as appropriate, the other Loan Documents, executed by Holdings, the Company, each Lender agreeing to provide such Commitment, if any, each
Additional Lender, if any, and the Administrative Agent. The Incremental Amendment may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents

  
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as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Company, to effect the provisions of this Section. The effectiveness of any Incremental Amendment
shall be subject to the satisfaction on the date thereof (each, an “Incremental Facility Closing Date”) of each of the conditions set forth in Section 4.02 (it being understood that all references to “the date of such
Credit Extension” or similar language in such Section 4.02 shall be deemed to refer to the effective date of such Incremental Amendment) and such other conditions as the parties thereto shall agree. The Company will use the proceeds of the
Incremental Term Loans and Revolving Commitment Increases for any purpose not prohibited by this Agreement. No Lender shall be obligated to provide any Incremental Term Loans or Revolving Commitment Increases, unless it so agrees. Upon each increase
in the Revolving Credit Commitments pursuant to this Section, each Revolving Credit Lender immediately prior to such increase will automatically and without further act be deemed to have assigned to each Lender providing a portion of the Revolving
Commitment Increase (each a “Revolving Commitment Increase Lender”) in respect of such increase, and each such Revolving Commitment Increase Lender will automatically and without further act be deemed to have assumed, a portion of
such Revolving Credit Lender’s participations hereunder in outstanding Letters of Credit and Swing Line Loans such that, after giving effect to each such deemed assignment and assumption of participations, the percentage of the aggregate
outstanding (i) participations hereunder in Letters of Credit and (ii) participations hereunder in Swing Line Loans held by each Revolving Credit Lender (including each such Revolving Commitment Increase Lender) will equal the percentage
of the aggregate Revolving Credit Commitments of all Revolving Credit Lenders represented by such Revolving Credit Lender’s Revolving Credit Commitment and (b) if, on the date of such increase, there are any Revolving Credit Loans
outstanding, such Revolving Credit Loans shall on or prior to the effectiveness of such Revolving Commitment Increase be prepaid from the proceeds of additional Revolving Credit Loans made hereunder (reflecting such increase in Revolving Credit
Commitments), which prepayment shall be accompanied by accrued interest on the Revolving Credit Loans being prepaid and any costs incurred by any Lender in accordance with Section 3.05. The Administrative Agent and the Lenders hereby agree that
the minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. 

(b) This Section 2.15 shall supersede any provisions in Section 2.13 or 10.01 to the contrary. 

SECTION 2.16. [Reserved]. 

SECTION 2.17. Loan Modification Offers. (a) At any time after the Sixth Amendment Effective Date, the Company may on one or more
occasions, by written notice to the Administrative Agent, make one or more offers (each, a “Loan Modification Offer”) to all the Lenders of one or more Classes (each Class subject to such a Loan Modification Offer, an
“Affected Class”) to effect one or more Permitted Amendments relating to such Affected Class pursuant to procedures reasonably specified by the Administrative Agent and reasonably acceptable to the Company. Such notice

  
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shall set forth (i) the terms and conditions of the requested Permitted Amendment and (ii) the date on which such Permitted Amendment is requested to become effective. Permitted
Amendments shall become effective only with respect to the Loans and Commitments of the Lenders of the Affected Class that accept the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any
Accepting Lender, only with respect to such Lender’s Loans and Commitments of such Affected Class as to which such Lender’s acceptance has been made. 

(b) A Permitted Amendment shall be effected pursuant to a Loan Modification Agreement executed and delivered by Holdings, the Company, each
applicable Accepting Lender and the Administrative Agent; provided that no Permitted Amendment shall become effective unless Holdings and the Company shall have delivered to the Administrative Agent such legal opinions, board resolutions,
secretary’s certificates, officer’s certificates and other documents as shall be reasonably requested by the Administrative Agent in connection therewith. The Administrative Agent shall promptly notify each Lender as to the effectiveness
of each Loan Modification Agreement. Each Loan Modification Agreement may, without the consent of any Lender other than the applicable Accepting Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or
appropriate, in the opinion of the Administrative Agent, to give effect to the provisions of this Section 2.17, including any amendments necessary to treat the applicable Loans and/or Commitments of the Accepting Lenders as a new
“Class” of loans and/or commitments hereunder; provided that, in the case of any Loan Modification Offer relating to Revolving Credit Commitments or Revolving Credit Loans, (i) all Borrowings and all prepayments of Revolving
Credit Loans shall continue to be made on a ratable basis among all Revolving Lenders, based on the relative amounts of their Revolving Credit Commitments, until the repayment of the Revolving Credit Loans attributable to the non-extended Revolving
Credit Commitments on the relevant Maturity Date, (ii) the allocation of the participation exposure with respect to any then-existing or subsequently issued or made Letter of Credit or Swing Line Loan as between the Revolving Credit Commitments
of such new “Class” and the remaining Revolving Credit Commitments shall be made on a ratable basis in accordance with the relative amounts thereof until the Maturity Date relating to such non-extended Revolving Credit Commitments has
occurred and (iii) the applicable Maturity Date for any Letters of Credit or Swing Line Loans may not be extended without the prior written consent of the applicable L/C Issuer or the Swing Line Lender with respect to such Letters of Credit or
Swing Line Loans. If the aggregate Revolving Credit Exposures exceeds the aggregate Revolving Credit Commitments as a result of the occurrence of the Maturity Date with respect to any Class of Revolving Credit Commitments while an extended Class of
Revolving Credit Commitments remains outstanding, the Borrower shall make such payments and provide such Cash Collateral as may be required by Section 2.05(b)(v) to eliminate such excess on such Maturity Date. 

(c) This Section 2.17 shall supersede any provisions in Section 2.13 or 10.01 to the contrary. 

SECTION 2.18. Refinancing Amendments. At any time after the Restatement Effective Date, the Company may obtain from any Lender or any
Additional 

  
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Lender Credit Agreement Refinancing Indebtedness in respect of (a) all or any portion of the Term Loans then outstanding under this Agreement (which for purposes of this clause (a) will
be deemed to include any then outstanding Other Term Loans) or (b) all or any portion of the Revolving Credit Loans (or unused Revolving Credit Commitments) under this Agreement (which for purposes of this clause (b) will be deemed to
include any then outstanding Other Revolving Credit Loans and Other Revolving Credit Commitments), in the form of (x) Other Term Loans or Other Term Commitments or, subject to the first proviso in the definition of Credit Agreement Refinancing
Indebtedness, additional Term Loans of any existing Class or commitments to make additional Term Loans of any existing Class or (y) Other Revolving Credit Loans or Other Revolving Credit Commitments, respectively, in each case pursuant to a
Refinancing Amendment; provided that such Credit Agreement Refinancing Indebtedness (i) will rank pari passu in right of payment and of security with the other Loans and Commitments hereunder, (ii) have such pricing and
optional prepayment terms as may be agreed by the Company and the Lenders thereof and (iii) otherwise be treated hereunder no more favorably, including with respect to covenants and events of default, than the Refinanced Debt; provided
further that the terms and conditions applicable to such Credit Agreement Refinancing Indebtedness may provide for any additional or different financial or other covenants or other provisions (including different borrowers) that are agreed
between the Company and the Lenders thereof and applicable only during periods after (A) the Latest Maturity Date that is in effect on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained or (B) the
Company and all other Loan Parties have been released from all obligations in respect of such Credit Agreement Refinancing Indebtedness and such Credit Agreement Refinancing Indebtedness has been assumed in full by a new borrower or borrowers as
agreed by the applicable Lenders and Additional Lenders in respect of such Credit Agreement Refinancing Indebtedness at the time such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained; provided further that Purchasing
Affiliated Lenders may not provide any Credit Agreement Refinancing Indebtedness in respect of Revolving Credit Loans (or unused Revolving Credit Commitments). The effectiveness of any Refinancing Amendment shall be subject to the satisfaction on
the date thereof of each of the conditions set forth in Section 4.02 and, to the extent reasonably requested by the Administrative Agent, receipt by the Administrative Agent of legal opinions, board resolutions, officers’ certificates
and/or reaffirmation agreements consistent with those delivered on the Restatement Effective Date under Section 7 of the Amendment and Restatement Agreement other than changes to such legal opinion resulting from a change in law, change in fact
or change to counsel’s form of opinion reasonably satisfactory to the Administrative Agent. Each Tranche of Credit Agreement Refinancing Indebtedness incurred under this Section 2.18 (other than additional Term Loans of any existing Class
or commitments to make additional Term Loans of any existing Class) shall be in an aggregate principal amount that is not less than $50,000,000. Any Refinancing Amendment may provide for the issuance of Letters of Credit for the account of the
Company, or the provision to the Company of Swing Line Loans, pursuant to any Other Revolving Credit Commitments established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit and Swing Line Loans
under the Revolving Credit Commitments. The Administrative Agent shall promptly notify each Lender as to the effectiveness of 

  
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each Refinancing Amendment. Each of the parties hereto hereby agrees that, upon the effectiveness of any Refinancing Amendment, this Agreement shall be deemed amended to the extent (but only to
the extent) necessary to reflect the existence and terms of the Credit Agreement Refinancing Indebtedness incurred pursuant thereto (including any amendments necessary to treat the Loans and Commitments subject thereto as Other Term Loans, Other
Revolving Credit Loans, Other Revolving Credit Commitments and/or Other Term Commitments). Any Refinancing Amendment may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be
necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Company, to effect the provisions of this Section. This Section 2.18 shall supersede any provisions in Section 2.13 or 10.01 to the contrary. 

SECTION 2.19. Loan Repurchases. (a) Subject to the terms and conditions set forth or referred to below, any Purchasing Borrower
Party may from time to time, in its discretion, conduct modified Dutch auctions to make Auction Purchase Offers, each such Auction Purchase Offer to be managed exclusively by J.P. Morgan Securities LLC or another investment bank of recognized
standing selected by such Purchasing Borrower Party following consultation with the Administrative Agent (in such capacity, the “Auction Manager”), so long as the following conditions are satisfied: 

(i) each Auction Purchase Offer shall be conducted in accordance with the procedures, terms and conditions set forth in this
Section 2.19 and the Auction Procedures; 
 (ii) no Default or Event of Default shall have occurred and be continuing on
the date of the delivery of each Auction Notice and at the time of purchase of any Term Loans in connection with any Auction Purchase Offer; 

(iii) the aggregate principal amount (calculated on the face amount thereof) of Term Loans that such Purchasing Borrower Party
offers to purchase in any such Auction Purchase Offer shall be no less than $10,000,000 (unless another amount is agreed to by the Administrative Agent); 

(iv) all Term Loans purchased by any Purchasing Borrower Party shall automatically be cancelled and retired by the Borrower on
the settlement date of the relevant purchase (and may not be resold); 
 (v) no more than one Auction Purchase Offer with
respect to any Class may be ongoing at any one time and no more than four Auction Purchase Offers (regardless of Class) may be made in any one year; and 

(vi) no Purchasing Borrower Party may use the proceeds, direct or indirect, from Revolving Credit Loans to purchase any Term
Loans. 
 (b) Any Purchasing Borrower Party must terminate any Auction Purchase Offer if it fails to satisfy one or more of the conditions
set forth above which are required to be met at the time which otherwise would have been the time of purchase of Term Loans pursuant to such Auction Purchase Offer. If any Purchasing Borrower Party 

  
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commences any Auction Purchase Offer (and all relevant requirements set forth above which are required to be satisfied at the time of the commencement of such Auction Purchase Offer have in fact
been satisfied), and if at such time of commencement the Borrower and such Purchasing Borrower Party reasonably believe that all required conditions set forth above which are required to be satisfied at the time of the consummation of such Auction
Purchase Offer shall be satisfied, then the Borrower and such Purchasing Borrower Party shall have no liability to any Lender for any termination of such Auction Purchase Offer as a result of the failure to satisfy one or more of the conditions set
forth above which are required to be met at the time which otherwise would have been the time of consummation of such Auction Purchase Offer, and any such failure shall not result in any Default or Event of Default hereunder. With respect to all
purchases of Term Loans of any Class or Classes made by any Purchasing Borrower Party pursuant to this Section 2.19, (x) such Purchasing Borrower Party shall pay on the settlement date of each such purchase all accrued and unpaid interest
(except to the extent otherwise set forth in the relevant offering documents), if any, on the purchased Term Loans of the applicable Class or Classes up to the settlement date of such purchase and (y) such purchases (and the payments made by
such Purchasing Borrower Party and the cancellation of the purchased Term Loans) shall not constitute voluntary or mandatory payments or prepayments for purposes of Section 2.05 or any other provision hereof. 

(c) The Administrative Agent and the Lenders hereby consent to the Auction Purchase Offers and the other transactions effected pursuant to and
in accordance with the terms of this Section 2.19 (provided that no Lender shall have an obligation to participate in any such Auction Purchase Offer). For the avoidance of doubt, it is understood and agreed that the provisions of
Section 2.13 and Section 10.07 will not apply to the purchases of Term Loans pursuant to Auction Purchase Offers made pursuant to and in accordance with the provisions of this Section 2.19. The Auction Manager acting in its capacity
as such hereunder shall be entitled to the benefits of the provisions of Article 9 and Article 10 to the same extent as if each reference therein to the “Administrative Agent” were a reference to the Auction Manager, and the Administrative
Agent shall cooperate with the Auction Manager as reasonably requested by the Auction Manager in order to enable it to perform its responsibilities and duties in connection with each Auction Purchase Offer. 

ARTICLE III 
 Taxes,
Increased Costs Protection and Illegality 
 SECTION 3.01. Taxes. (a) Except as provided in this Section 3.01, any
and all payments by the Borrower (the term Borrower under Article 3 being deemed to include any Subsidiary for whose account a Letter of Credit is issued) to or for the account of any Agent or any Lender under any Loan Document shall be made free
and clear of and without deduction for any and all present or future taxes, duties, levies, imposts, deductions, assessments, fees, withholdings or similar charges, and all liabilities (including additions to tax, penalties and interest) with
respect thereto, excluding, (x) in the case of each Agent and each Lender, taxes imposed on or measured by its net income or overall gross income (including branch profits), and franchise (and similar) taxes

  
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imposed on it in lieu of net income taxes, by the jurisdiction (or any political subdivision thereof) under the Laws of which such Agent or such Lender, as the case may be, is organized or
maintains a Lending Office, and all liabilities (including additions to tax, penalties and interest) with respect thereto and (y) U.S. Federal withholdings taxes imposed under FATCA (all such non-excluded taxes, duties, levies, imposts,
deductions, assessments, fees, withholdings or similar charges, and liabilities being hereinafter referred to as “Taxes”). If the Borrower shall be required by any Laws to deduct any Taxes or Other Taxes from or in respect of any
sum payable under any Loan Document to any Agent or any Lender, (i) the sum payable shall be increased as necessary so that after making all required deductions (including deductions applicable to additional sums payable under this
Section 3.01), each of such Agent and such Lender receives an amount equal to the sum it would have received had no such deductions been made, (ii) the Borrower shall make such deductions, (iii) the Borrower shall pay the full amount
deducted to the relevant taxation authority or other authority in accordance with applicable Laws and (iv) within 30 days after the date of such payment (or, if receipts or evidence are not available within 30 days, as soon as possible
thereafter), the Borrower shall furnish to such Agent or Lender (as the case may be) the original or a certified copy of a receipt evidencing payment thereof to the extent such a receipt is issued therefor, or other written proof of payment thereof
that is reasonably satisfactory to the Administrative Agent. If the Borrower fails to pay any Taxes or Other Taxes when due to the appropriate taxing authority or fails to remit to any Agent or any Lender the required receipts or other required
documentary evidence, the Borrower shall indemnify such Agent and such Lender for any incremental taxes, interest or penalties that may become payable by such Agent or such Lender arising out of such failure. 

(b) In addition, the Borrower agrees to pay any and all present or future stamp, court or documentary taxes and any other excise, property,
intangible or mortgage recording taxes or charges or similar levies which arise from any payment made under any Loan Document or from the execution, delivery, performance, enforcement or registration of, or otherwise with respect to, any Loan
Document (hereinafter referred to as “Other Taxes”). 
 (c) The Borrower agrees to indemnify each Agent and each Lender for
(i) the full amount of Taxes and Other Taxes (including any Taxes or Other Taxes imposed or asserted by any jurisdiction on amounts payable under this Section 3.01) paid by such Agent and such Lender and (ii) any liability (including
additions to tax, penalties, interest and expenses) arising therefrom or with respect thereto, in each case whether or not such Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority;
provided such Agent or Lender, as the case may be, provides the Borrower with a written statement thereof setting forth in reasonable detail the basis and calculation of such amounts. Payment under this Section 3.01(c) shall be made
within 30 days after the date such Lender or such Agent makes a demand therefor. 
 (d) Each Lender severally agrees to indemnify each Agent
for (i) the full amount, to the extent attributable to such Lender, of any taxes excluded from the definition of Taxes in Section 3.01(a) or (f) or excluded from the obligation to pay additional amounts or indemnify with respect
thereto under Section 3.01(e) to the extent 

  
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attributable to such Lender, (ii) the full amount, to the extent attributable to such Lender, of any Taxes or Other Taxes (but only to the extent that the Borrower has not already
indemnified such Agent for such Taxes or Other Taxes and without limiting the obligation of the Borrower to do so) and (iii) any liability (including additions to tax, penalties, interest and expense) arising from taxes described in
(i) and (ii), in each case whether or not such taxes were correctly or legally imposed or asserted by the relevant Governmental Authority; provided such Agent provides such Lender with a written statement thereof setting forth in
reasonable detail the basis and calculation of such amounts. Payment under this Section 3.01(d) shall be made within 30 days after the date such Agent makes a demand therefor. 

(e) The Borrower shall not be required pursuant to this Section 3.01 to pay any additional amount to, or to indemnify, any Lender or
Agent, as the case may be, to the extent that such Lender or such Agent becomes subject to Taxes subsequent to the Closing Date (or, if later, the date such Lender or Agent becomes a party to this Agreement) as a result of a change in the place of
organization of such Lender or Agent or a change in the lending office of such Lender, except to the extent that any such change is requested or required in writing by the Borrower (and provided that nothing in this clause (d) shall be
construed as relieving the Borrower from any obligation to make such payments or indemnification in the event of a change in lending office or place of organization that precedes a change in Law to the extent such Taxes result from a change in Law).

 (f) Notwithstanding anything else herein to the contrary, if a Lender or an Agent is subject to withholding tax imposed by any
jurisdiction in which the Borrower is formed or organized at a rate in excess of zero percent at the time such Lender or such Agent, as the case may be, first becomes a party to this Agreement, withholding tax imposed by such jurisdiction at such
rate shall be considered excluded from Taxes unless and until such Lender or Agent, as the case may be, provides the appropriate forms certifying that a lesser rate applies, whereupon withholding tax at such lesser rate only shall be considered
excluded from Taxes for periods governed by such forms; provided that, if at the date of the Assignment and Acceptance pursuant to which a Lender becomes a party to this Agreement, the Lender assignor was entitled to payments under clause
(a) of this Section 3.01 in respect of withholding tax with respect to interest paid at such date, then, to such extent, the term Taxes shall include (in addition to withholding taxes that may be imposed in the future or other amounts
otherwise includable in Taxes) withholding tax, if any, applicable with respect to the Lender assignee on such date. 
 (g) If any Lender or
Agent determines, in its reasonable discretion, that it has received a refund in respect of any Taxes or Other Taxes as to which indemnification or additional amounts have been paid to it by the Borrower pursuant to this Section 3.01, it shall
promptly remit such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section 3.01 with respect to the Taxes or Other Taxes giving rise to such refund plus any interest included in
such refund by the relevant taxing authority attributable thereto) to the Borrower, net of all out-of-pocket expenses of the Lender or Agent, as the case may be and without interest (other than any interest paid by the relevant taxing authority with
respect to such refund); 

  
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provided that the Borrower, upon the request of the Lender or Agent, as the case may be, agrees promptly to return such refund to such party in the event such party is required to repay
such refund to the relevant taxing authority. Such Lender or Agent, as the case may be, shall, at the Borrower’s request, provide the Borrower with a copy of any notice of assessment or other evidence of the requirement to repay such refund
received from the relevant taxing authority (provided that such Lender or Agent may delete any information therein that such Lender or Agent deems confidential). Nothing herein contained shall interfere with the right of a Lender or Agent to
arrange its tax affairs in whatever manner it thinks fit nor oblige any Lender or Agent to claim any tax refund or to make available its tax returns or disclose any information relating to its tax affairs or any computations in respect thereof or
require any Lender or Agent to do anything that would prejudice its ability to benefit from any other refunds, credits, reliefs, remissions or repayments to which it may be entitled. 

(h) Each Lender agrees that, upon the occurrence of any event giving rise to the operation of Section 3.01(a) or (c) with respect to
such Lender it will, if requested by the Company, use commercially reasonable efforts (subject to such Lender’s overall internal policies of general application and legal and regulatory restrictions) to designate another Lending Office for any
Loan or Letter of Credit affected by such event; provided that such efforts are made on terms that, in the sole judgment of such Lender, cause such Lender and its Lending Office(s) to suffer no economic, legal or regulatory disadvantage, and
provided further that nothing in this Section 3.01(g) shall affect or postpone any of the Obligations of the Borrower or the rights of such Lender pursuant to Section 3.01(a) or (c). 

(i) If a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding tax imposed by FATCA if such Lender
were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time
or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such
additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under FATCA and to determine that such Lender has complied
with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this Section 3.01(i), “FATCA” shall include any amendments made to FATCA after the date of
this Agreement. 
 SECTION 3.02. Illegality. If any Lender determines that any Law has made it unlawful, or that any Governmental
Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund Eurocurrency Rate Loans, or to determine or charge interest rates based upon the Eurocurrency Rate, then, on notice thereof by such
Lender to the Borrower through the Administrative Agent, any obligation of such Lender to make or continue Eurocurrency Rate Loans or to convert Base Rate Loans to Eurocurrency Rate Loans shall be suspended until such Lender

  
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notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, the Borrower shall upon demand from such
Lender (with a copy to the Administrative Agent), prepay or, if applicable, convert all Eurocurrency Rate Loans of such Lender to Base Rate Loans, either on the last day of the Interest Period therefor, if such Lender may lawfully continue to
maintain such Eurocurrency Rate Loans to such day, or promptly, if such Lender may not lawfully continue to maintain such Eurocurrency Rate Loans. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so
prepaid or converted and all amounts due, if any, in connection with such prepayment or conversion under Section 3.05. Each Lender agrees to designate a different Lending Office if such designation will avoid the need for such notice and will
not, in the good faith judgment of such Lender, otherwise be materially disadvantageous to such Lender. 
 SECTION 3.03. Inability to
Determine Rates. If the Required Lenders determine that for any reason adequate and reasonable means do not exist for determining the Eurocurrency Rate for any requested Interest Period with respect to a proposed Eurocurrency Rate Loan, or that
the Eurocurrency Rate for any requested Interest Period with respect to a proposed Eurocurrency Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, or that Dollar deposits are not being offered to banks in
the London interbank eurodollar market for the applicable amount and the Interest Period of such Eurocurrency Rate Loan, the Administrative Agent will promptly so notify the Borrower and each Lender. Thereafter, the obligation of the Lenders to make
or maintain Eurocurrency Rate Loans shall be suspended until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of,
conversion to or continuation of Eurocurrency Rate Loans or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount specified therein. 

SECTION 3.04. Increased Cost and Reduced Return; Capital Adequacy; Reserves on Eurocurrency Rate Loans. (a) If any Lender
determines that as a result of the introduction of or any change in or in the interpretation of any Law, in each case after the date hereof, or such Lender’s compliance therewith, there shall be any increase in the cost to such Lender of
agreeing to make or making, funding or maintaining Eurocurrency Rate Loans or (as the case may be) issuing or participating in Letters of Credit, or a reduction in the amount received or receivable by such Lender in connection with any of the
foregoing (excluding for purposes of this Section 3.04(a) any such increased costs or reduction in amount resulting from (i) Taxes or Other Taxes (as to which Section 3.01 shall govern), (ii) changes in the basis of taxation of
overall net income or overall gross income (including branch profits), and franchise (and similar) taxes imposed in lieu of net income taxes, by the United States or any foreign jurisdiction or any political subdivision of either thereof under the
Laws of which such Lender is organized or maintains a Lending Office, (iii) reserve requirements contemplated by Section 3.04(c) and (iv) the requirements of the Bank of England and the Financial Services

  
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Authority or the European Central Bank reflected in the Mandatory Cost, other than as set forth below) or the Mandatory Cost, as calculated hereunder, does not represent the cost to such Lender
of complying with the requirements of the Bank of England and/or the Financial Services Authority or the European Central Bank in relation to its making, funding or maintaining of Eurocurrency Rate Loans, then from time to time within fifteen days
after demand by such Lender setting forth in reasonable detail such increased costs (with a copy of such demand to the Administrative Agent given in accordance with Section 3.06), the Company shall pay to such Lender such additional amounts as
will compensate such Lender for such increased cost or reduction or, if applicable, the portion of such cost that is not represented by the Mandatory Cost. 

(b) If any Lender determines that the introduction of any Law regarding capital adequacy or any change therein or in the interpretation
thereof, in each case after the Closing Date, or compliance by such Lender (or its Lending Office) therewith, has the effect of reducing the rate of return on the capital of such Lender or any corporation controlling such Lender as a consequence of
such Lender’s obligations hereunder (taking into consideration its policies with respect to capital adequacy and such Lender’s desired return on capital), then from time to time upon demand of such Lender setting forth in reasonable detail
the charge and the calculation of such reduced rate of return (with a copy of such demand to the Administrative Agent given in accordance with Section 3.06), the Company shall pay to such Lender such additional amounts as will compensate such
Lender for such reduction within fifteen days after receipt of such demand. 
 (c) The Company shall pay to each Lender, (i) as long as
such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits, additional interest on the unpaid principal amount of each Eurocurrency Rate Loan equal to the actual
costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive in the absence of manifest error) and (ii) as long as such Lender shall be required to comply with
any reserve ratio requirement or analogous requirement of any other central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs
(expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which
determination shall be conclusive absent manifest error) which in each case shall be due and payable on each date on which interest is payable on such Loan, provided the Company shall have received at least fifteen days’ prior notice (with a
copy to the Administrative Agent) of such additional interest or cost from such Lender. If a Lender fails to give notice fifteen days prior to the relevant Interest Payment Date, such additional interest or cost shall be due and payable fifteen days
from receipt of such notice. 
 (d) Failure or delay on the part of any Lender to demand compensation pursuant to this Section 3.04
shall not constitute a waiver of such Lender’s right to demand such compensation; provided that the Company shall not be required to compensate a Lender pursuant to Section 3.04(a), (b) or (c) for any such increased cost
or reduction incurred more than one hundred and eighty days prior to the date that such Lender demands, or notifies the Company of its intention to demand, compensation 

  
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therefor; provided further that, if the circumstance giving rise to such increased cost or reduction is retroactive, then such 180-day period referred to above shall be extended to include
the period of retroactive effect thereof. 
 (e) If any Lender requests compensation under this Section 3.04, then such Lender will, if
requested by the Company, use commercially reasonable efforts to designate another Lending Office for any Loan or Letter of Credit affected by such event; provided that such efforts are made on terms that, in the reasonable judgment of such
Lender, cause such Lender and its Lending Office(s) to suffer no material economic, legal or regulatory disadvantage, and provided further that nothing in this Section 3.04(e) shall affect or postpone any of the Obligations of the
Borrower or the rights of such Lender pursuant to Section 3.04(a), (b), (c) or (d). 
 SECTION 3.05. Funding Losses. Upon
demand of any Lender (with a copy to the Administrative Agent) from time to time, the Company shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: 

(a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last
day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration or otherwise); or 

(b) any failure by the Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow,
continue or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; 
 including any loss or expense arising
from the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. 

For purposes of calculating amounts payable by the Company to the Lenders under this Section 3.05, each Lender shall be deemed to have
funded each Eurocurrency Rate Loan made by it at the Eurocurrency Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such
Eurocurrency Rate Loan was in fact so funded. 
 SECTION 3.06. Matters Applicable to All Requests for Compensation. (a) Any
Agent or any Lender claiming compensation under this Article 3 shall deliver a certificate to the Company setting forth the additional amount or amounts to be paid to it hereunder which shall be conclusive in the absence of manifest error. In
determining such amount, such Agent or such Lender may use any reasonable averaging and attribution methods. 
 (b) With respect to any
Lender’s claim for compensation under Section 3.01, 3.02, 3.03 or 3.04, the Borrower shall not be required to compensate such 

  
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Lender for any amount incurred more than one hundred and eighty days prior to the date that such Lender notifies the Borrower of the event that gives rise to such claim; provided that, if the
circumstance giving rise to such claim is retroactive, then such 180-day period referred to above shall be extended to include the period of retroactive effect thereof. If any Lender requests compensation by the Company under Section 3.04, the
Company may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue from one Interest Period to another Eurocurrency Rate Loans, or to convert Base Rate Loans into Eurocurrency
Rate Loans, until the event or condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.06(c) shall be applicable); provided that such suspension shall not affect the right of such Lender to
receive the compensation so requested. 
 (c) If the obligation of any Lender to make or continue from one Interest Period to another
any Eurocurrency Rate Loan, or to convert Base Rate Loans into Eurocurrency Rate Loans shall be suspended pursuant to Section 3.06(b) hereof, such Lender’s Eurocurrency Rate Loans shall be automatically converted into Base Rate Loans on
the last day(s) of the then current Interest Period(s) for such Eurocurrency Rate Loans (or, in the case of an immediate conversion required by Section 3.02, on such earlier date as required by Law) and, unless and until such Lender gives
notice as provided below that the circumstances specified in Section 3.01, 3.02, 3.03 or 3.04 hereof that gave rise to such conversion no longer exist: 

(i) to the extent that such Lender’s Eurocurrency Rate Loans have been so converted, all payments and prepayments of
principal that would otherwise be applied to such Lender’s Eurocurrency Rate Loans shall be applied instead to its Base Rate Loans; and 

(ii) all Loans that would otherwise be made or continued from one Interest Period to another by such Lender as Eurocurrency
Rate Loans shall be made or continued instead as Base Rate Loans, and all Base Rate Loans of such Lender that would otherwise be converted into Eurocurrency Rate Loans shall remain as Base Rate Loans. 

(d) If any Lender gives notice to the Company (with a copy to the Administrative Agent) that the circumstances specified in Section 3.01,
3.02, 3.03 or 3.04 hereof that gave rise to the conversion of such Lender’s Eurocurrency Rate Loans pursuant to this Section 3.06 no longer exist (which such Lender agrees to do promptly upon such circumstances ceasing to exist) at a time
when Eurocurrency Rate Loans made by other Lenders are outstanding, such Lender’s Base Rate Loans shall be automatically converted, on the first day(s) of the next succeeding Interest Period(s) for such outstanding Eurocurrency Rate Loans, to
the extent necessary so that, after giving effect thereto, all Loans held by the Lenders holding Eurocurrency Rate Loans and by such Lender are held pro rata (as to principal amounts, interest rate basis, and Interest Periods) in accordance with
their respective Commitments. 
 SECTION 3.07. Replacement of Lenders under Certain Circumstances. (a) If at any time
(i) the Borrower becomes obligated to pay additional amounts or 

  
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indemnity payments described in Section 3.01 or 3.04 as a result of any condition described in such Sections or any Lender ceases to make Eurocurrency Rate Loans as a result of any condition
described in Section 3.02 or Section 3.04, (ii) any Lender becomes a Defaulting Lender or (iii) any Lender becomes a Non-Consenting Lender, then the Company may, on ten Business Days’ prior written notice to the
Administrative Agent and such Lender, replace such Lender by causing such Lender to (and such Lender shall be obligated to) assign pursuant to Section 10.07(b) (with the assignment fee to be paid by the Company in such instance) all of its
rights and obligations under this Agreement to one or more Eligible Assignees; provided that neither the Administrative Agent nor any Lender shall have any obligation to the Company to find a replacement Lender or other such Person; and
provided further that (A) in the case of any such assignment resulting from a claim for compensation under Section 3.04 or payments required to be made pursuant to Section 3.01, such assignment will result in a reduction in
such compensation or payments and (B) in the case of any such assignment resulting from a Lender becoming a Non-Consenting Lender, the applicable Eligible Assignees shall have agreed to the applicable departure, waiver or amendment of the Loan
Documents. 
 (b) Any Lender being replaced pursuant to Section 3.07(a) above shall (i) execute and deliver an Assignment and
Assumption with respect to such Lender’s Commitment and outstanding Loans and participations in L/C Obligations and Swing Line Loans and (ii) deliver any Notes evidencing such Loans to the Company or Administrative Agent. Pursuant to such
Assignment and Assumption, (A) the assignee Lender shall acquire all or a portion, as the case may be, of the assigning Lender’s Commitment and outstanding Loans and participations in L/C Obligations and Swing Line Loans, (B) all
obligations of the Borrower owing to the assigning Lender relating to the Loans and participations so assigned shall be paid in full by the assignee Lender to such assigning Lender concurrently with such assignment and assumption and (C) upon
such payment and, if so requested by the assignee Lender, delivery to the assignee Lender of the appropriate Note or Notes executed by the Borrower, the assignee Lender shall become a Lender hereunder and the assigning Lender shall cease to
constitute a Lender hereunder with respect to such assigned Loans, Commitments and participations, except with respect to indemnification provisions under this Agreement, which shall survive as to such assigning Lender. 

(c) Notwithstanding anything to the contrary contained above, any Lender that acts as an L/C Issuer may not be replaced hereunder at any time
that it has any Letter of Credit outstanding hereunder unless arrangements reasonably satisfactory to such L/C Issuer (including the furnishing of a back-up standby letter of credit in form and substance, and issued by an issuer reasonably
satisfactory to such L/C Issuer or the depositing of cash collateral into a cash collateral account in amounts and pursuant to arrangements reasonably satisfactory to such L/C Issuer) have been made with respect to each such outstanding Letter of
Credit and the Lender that acts as the Administrative Agent may not be replaced hereunder except in accordance with the terms of Section 9.09. 

(d) In the event that (i) the Company or the Administrative Agent has requested that the Lenders consent to a departure or waiver of any
provisions of the Loan 

  
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Documents or agree to any amendment thereto, (ii) the consent, waiver or amendment in question requires the agreement of all affected Lenders in accordance with the terms of
Section 10.01 or all the Lenders with respect to a certain Class of the Loans and (iii) the Required Lenders have agreed to such consent, waiver or amendment, then any Lender who does not agree to such consent, waiver or amendment shall be
deemed a “Non-Consenting Lender.” 
 SECTION 3.08. Survival. All of the Borrower’s obligations under this
Article 3 shall survive termination of the Aggregate Commitments and repayment of all other Obligations hereunder. 
 ARTICLE IV

 Conditions Precedent to Credit Extensions and AS Separation 

SECTION 4.01. [Reserved]. 

SECTION 4.02. Conditions to All Credit Extensions. The obligation of each Lender to honor any Request for Credit Extension (other than a
Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Eurocurrency Rate Loans) is subject to the following conditions precedent: 

(a) The representations and warranties of the Borrower and each other Loan Party contained in Article 5 or any other Loan Document shall
be true and correct in all material respects on and as of the date of such Credit Extension; provided that, to the extent that such representations and warranties specifically refer to an earlier date, they shall be true and correct in all
material respects as of such earlier date; provided, further that, any representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language shall be true and correct in all
respects on such respective dates. 
 (b) No Default shall exist, or would result from such proposed Credit Extension or from the
application of the proceeds therefrom. 
 (c) The Administrative Agent and, if applicable, the relevant L/C Issuer or the Swing Line Lender
shall have received a Request for Credit Extension in accordance with the requirements hereof. 
 Each Request for Credit Extension (other
than a Committed Loan Notice requesting only a conversion of Loans to the other Type or a continuation of Eurocurrency Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in
Sections 4.02(a) and (b) have been satisfied on and as of the date of the applicable Credit Extension. 

  
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 SECTION 4.03. Conditions to AS Separation. The consummation of the AS Separation shall be
subject to the satisfaction of the following conditions precedent (the “AS Separation Conditions”): 
 (a) [Reserved]. 

(b) SunGard Capital Corp. shall have received an opinion of counsel (collectively, the “AS Separation Tax Opinion”) from each
of Shearman & Sterling LLP and Ropes & Gray LLP (or such other tax counsel reasonably acceptable to the Administrative Agent), which opinion may rely on statements and letters to the Company or its Affiliates from investment
bankers, consultants and other professional advisors in relation to the corporate business purposes of the AS Separation and in relation to other relevant matters, as well as representations, covenants, information and statements provided by the
Company, its Affiliates, its officers (and those of its Affiliates) and its shareholders (and those of its Affiliates), the Affiliates of its shareholders, the direct or indirect partners and owners of, and advisors to, its shareholders (and those
of its Affiliates), and other customary items, which opinion shall be to the effect that, subject to customary assumptions, limitations, and representations, including, but not limited to, a qualification to the effect that the Intended Tax
Treatment is not certain or free from doubt, the AS Separation Tax Opinion is not binding on the IRS or the courts, and there is a risk that the IRS and a court may conclude to the contrary, the AS Separation Transaction should qualify for the
Intended Tax Treatment, including that the Company should not be subject to tax under Section 355(e) of the Code because of the External Split-Off; SunGard Capital Corp. shall have delivered a copy of the AS Separation Tax Opinion, together
with copies of supporting documentation containing the statements, letters, representations, covenants and other customary items upon which the AS Separation Tax Opinion relies, to the Administrative Agent; the AS Separation Tax Opinion shall not
have been withdrawn prior to the AS Separation; and the AS Separation Transaction and any related actions taken by Holdings, the Company, AS Spinco or any of their Affiliates in connection with the AS Separation shall in all material respects be
consistent with the assumptions, limitations and representations made in the AS Separation Tax Opinion. 
 (c) On and as of the AS
Separation Date, the conditions set forth in Section 4.02(a) and (b) shall be satisfied with the same effect as if each reference therein to a Credit Extension were a reference to the AS Separation, and the Administrative Agent shall have
received a certificate of a Responsible Officer, dated as of the AS Separation Date, confirming the foregoing. 
 (d) After giving Pro Forma
Effect to the AS Separation Transactions and the other actions contemplated or required hereby to be taken on the AS Separation Date, including the use of proceeds of the AS Term Loans pursuant to Section 2.05(b)(vi), (i) the Company shall
be in Pro Forma Compliance with the covenant set forth in Section 7.11(a) as of the end of the Test Period most recently ended prior to the AS Separation Date for which financial statements have been delivered pursuant to Section 6.01(a)
or (b) (regardless of whether such covenant is then applicable) (it being understood and agreed that, solely for purposes of determining Pro Forma Compliance pursuant to this Section 4.03(d)(i), (x) for the avoidance of doubt, the
amount of cash and Cash Equivalents shall be the amount of cash and Cash Equivalents of the Company and its Restricted Subsidiaries at the opening of business on the AS Separation Date and shall exclude all cash and Cash Equivalents to be
transferred to AS Spinco from the Company 

  
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or its Subsidiaries and include amounts to be used to pay any fees and expenses, in each case on the AS Separation Date in connection with the AS Separation Transactions, and
(y) Consolidated Total Debt shall exclude (A) all obligations in respect of Capitalized Leases and (B) up to $25,000,000 of other Indebtedness for borrowed money and debt obligations evidenced by promissory notes or similar
instruments) and (ii) the Total Secured Leverage Ratio as of the end of the Test Period most recently ended prior to the AS Separation Date for which financial statements have been delivered pursuant to Section 6.01(a) or
(b) (calculated on a Pro Forma Basis which, for the avoidance of doubt, shall be the amount of cash and Cash Equivalents of the Company and its Restricted Subsidiaries at the opening of business on the AS Separation Date less all cash and Cash
Equivalents to be transferred to AS Spinco from the Company or its Subsidiaries on the AS Separation Date (but without deducting amounts to be used to pay any fees and expenses on the AS Separation Date in connection with the AS Separation
Transactions)) shall not exceed by more than 0.60 to 1:00 the Total Secured Leverage Ratio as of the AS Separation Date as of the end of the Test Period most recently ended prior to the AS Separation Date for which financial statements have been
delivered pursuant to Section 6.01(a) or (b) (calculated prior to and without giving Pro Forma Effect to the AS Separation Transactions or the use of proceeds of the AS Term Loans in connection therewith and which, for the avoidance of
doubt, shall be the amount of cash and Cash Equivalents of the Company and its Restricted Subsidiaries at the opening of business on the AS Separation Date), and the Administrative Agent shall have received a certificate of a Responsible Officer,
dated as of the AS Separation Date, confirming the foregoing and setting forth a computation in reasonable detail demonstrating such compliance. 

(e) Prior to the AS Separation Date, (i) the Company shall have entered into the Company Exchange Agreement pursuant to which Senior
Notes are to be exchanged for all AS Spinco Securities on or about the AS Separation Date and (ii) AS Spinco shall have incurred (or substantially simultaneously with the AS Separation shall incur) the AS Term Loans. 

(f) The Borrower shall have reduced (or substantially simultaneously with the AS Separation shall reduce) the Revolving Credit Commitments of
the Revolving Credit Lenders in effect immediately prior to the AS Separation Date by $250,000,000 in the aggregate and on a pro rata basis among such Revolving Credit Lenders pursuant to, and in accordance with, Section 2.06(a) and, in
connection therewith and to the extent required by Section 2.05(b)(v), shall have prepaid Revolving Credit Loans and Swing Line Loans and/or Cash Collateralized L/C Obligations. 

(g) The Administrative Agent shall have received a certificate in substantially in the form of Exhibit P from the Chief Financial Officer of
the Company, dated the AS Separation Date, attesting to the Solvency of the Loan Parties (on a consolidated basis) after giving effect to the AS Separation Transactions. 

  
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 ARTICLE V 

Representations and Warranties 

The Company represents and warrants to the Agents and the Lenders that: 

SECTION 5.01. Existence, Qualification and Power; Compliance with Laws. Each Loan Party and each of its Subsidiaries (a) is a
Person duly organized or formed, validly existing and in good standing under the Laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and authority to (i) own or lease its assets and carry on its
business and (ii) execute, deliver and perform its obligations under the Loan Documents to which it is a party, (c) is duly qualified and in good standing under the Laws of each jurisdiction where its ownership, lease or operation of
properties or the conduct of its business requires such qualification, (d) is in compliance with all Laws, orders, writs, injunctions and orders and (e) has all requisite governmental licenses, authorizations, consents and approvals to
operate its business as currently conducted; except in each case referred to in clause (c), (d) or (e), to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect. 

SECTION 5.02. Authorization; No Contravention. The execution, delivery and performance by each Loan Party of each Loan Document to
which such Person is a party, and the consummation of the Transaction, are within such Loan Party’s corporate or other powers, have been duly authorized by all necessary corporate or other organizational action, and do not and will not
(a) contravene the terms of any of such Person’s Organization Documents, (b) conflict with or result in any breach or contravention of, or the creation of any Lien under (other than as permitted by Section 7.01), or require any
payment to be made under (i) (x) any Existing Notes Documentation or (y) any other Contractual Obligation to which such Person is a party or affecting such Person or the properties of such Person or any of its Subsidiaries or (ii) any
material order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject; or (c) violate any material Law; except with respect to any conflict, breach or contravention or
payment (but not creation of Liens) referred to in clause (b)(i), to the extent that such conflict, breach, contravention or payment could not reasonably be expected to have a Material Adverse Effect. 

SECTION 5.03. Governmental Authorization; Other Consents. No material approval, consent, exemption, authorization, or other action by,
or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with (a) the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan
Document, or for the consummation of the Transaction, (b) the grant by any Loan Party of the Liens granted by it pursuant to the Collateral Documents, (c) the perfection or maintenance of the Liens created under the Collateral Documents
(including the priority thereof) or (d) the exercise by the Administrative Agent or any Lender of its rights under the Loan Documents or the remedies in respect of the Collateral pursuant to the Collateral Documents, except for (i) filings
necessary to perfect the Liens on the Collateral granted by the Loan Parties in favor of the Secured Parties, (ii) the approvals, consents, exemptions, authorizations, 

  
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actions, notices and filings which have been duly obtained, taken, given or made and are in full force and effect and (iii) those approvals, consents, exemptions, authorizations or other
actions, notices or filings, the failure of which to obtain or make could not reasonably be expected to have a Material Adverse Effect. 

SECTION 5.04. Binding Effect. This Agreement and each other Loan Document has been duly executed and delivered by each Loan Party that
is party thereto. This Agreement and each other Loan Document constitutes a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its terms, except as such enforceability
may be limited by Debtor Relief Laws and by general principles of equity. 
 SECTION 5.05. Financial Statements; No Material Adverse
Effect. (a) (i) The Audited Financial Statements fairly present in all material respects the financial condition of SunGard and its Subsidiaries as of the dates thereof and their results of operations for the period covered thereby in
accordance with GAAP consistently applied throughout the periods covered thereby, except as otherwise expressly noted therein. During the period from December 31, 2012 to and including the Seventh Amendment Effective Date, there has been
(i) no sale, transfer or other disposition by SunGard or any of its Subsidiaries of any material part of the business or property of SunGard or any of its Subsidiaries, taken as a whole and (ii) no purchase or other acquisition by SunGard
or any of its Subsidiaries of any business or property (including any Equity Interests of any other Person) material in relation to the consolidated financial condition of SunGard and its Subsidiaries, in each case, which is not reflected in the
foregoing financial statements or in the notes thereto or has not otherwise been disclosed in writing to the Lenders prior to the Seventh Amendment Effective Date. 

(ii) The unaudited consolidated balance sheets and related statements of comprehensive income and cash flows of SunGard and its
Subsidiaries for the fiscal quarter and nine-month period ended September 30, 2013, which financial statements have been prepared in accordance with GAAP, fairly present in all material respects the financial condition of SunGard and its
Subsidiaries as of the dates thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the periods covered thereby, except as otherwise expressly noted therein. 

(iii) [Reserved]. 

(b) Since December 31, 2012, there has been no event or circumstance, either individually or in the aggregate, that has had or could
reasonably be expected to have a Material Adverse Effect. 
 (c) The forecasts of consolidated balance sheets, income statements and cash
flow statements of the Company and its Subsidiaries for each fiscal year ending after the Sixth Amendment Effective Date until the fiscal year ending December 31, 2016, copies of which have been furnished to the Administrative Agent prior to
the Sixth 

  
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Amendment Effective Date consistent in form and detail with forecasts previously furnished to the Administrative Agent, have been prepared in good faith on the basis of the assumptions stated
therein, which assumptions were believed to be reasonable at the time of preparation of such forecasts, it being understood that actual results may vary from such forecasts and that such variations may be material. 

(d) As of the Seventh Amendment Effective Date, neither the Company nor any Subsidiary has any Indebtedness or other obligations or
liabilities, direct or contingent (other than (i) the liabilities reflected on Schedule 5.05, (ii) obligations arising under this Agreement and (iii) liabilities incurred in the ordinary course of business) that, either
individually or in the aggregate, have had or could reasonably be expected to have a Material Adverse Effect. 
 SECTION 5.06.
Litigation. There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of the Borrower, threatened in writing or contemplated, at law, in equity, in arbitration or before any Governmental Authority, by or
against the Company or any of its Subsidiaries or against any of their properties or revenues that either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 

SECTION 5.07. No Default. Neither the Company nor any Subsidiary is in default under or with respect to, or a party to, any Contractual
Obligation that could, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 SECTION 5.08.
Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property
necessary in the ordinary conduct of its business, free and clear of all Liens except for minor defects in title that do not materially interfere with its ability to conduct its business or to utilize such assets for their intended purposes and
Liens permitted by Section 7.01 and except where the failure to have such title could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

SECTION 5.09. Environmental Compliance. (a) There are no claims, actions, suits, or proceedings alleging potential liability or
responsibility for violation of, or otherwise relating to, any Environmental Law that could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(b) Except as specifically disclosed in Schedule 5.09(b) or except as could not reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect, (i) none of the properties currently or formerly owned, leased or operated by any Loan Party or any of its Subsidiaries is listed or proposed for listing on the NPL or on the CERCLIS or any analogous
foreign, state or local list or is adjacent to any such property; (ii) there are no and never have been any underground or aboveground storage tanks or any surface impoundments, septic tanks, pits, sumps or lagoons in which Hazardous Materials
are being or have been treated, stored or disposed on any property currently 

  
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owned, leased or operated by any Loan Party or any of its Subsidiaries or, to its knowledge, on any property formerly owned or operated by any Loan Party or any of its Subsidiaries;
(iii) there is no asbestos or asbestos-containing material on any property currently owned or operated by any Loan Party or any of its Subsidiaries; and (iv) Hazardous Materials have not been released, discharged or disposed of by any
Person on any property currently or formerly owned, leased or operated by any Loan Party or any of its Subsidiaries and Hazardous Materials have not otherwise been released, discharged or disposed of by any of the Loan Parties and their Subsidiaries
at any other location. 
 (c) The properties owned, leased or operated by the Company and the Subsidiaries do not contain any Hazardous
Materials in amounts or concentrations which (i) constitute, or constituted a violation of, (ii) require remedial action under or (iii) could give rise to liability under, Environmental Laws, which violations, remedial actions and
liabilities, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. 
 (d) Except as
specifically disclosed in Schedule 5.09(d), neither the Borrower nor any of its Subsidiaries is undertaking, and has not completed, either individually or together with other potentially responsible parties, any investigation or assessment or
remedial or response action relating to any actual or threatened release, discharge or disposal of Hazardous Materials at any site, location or operation, either voluntarily or pursuant to the order of any Governmental Authority or the requirements
of any Environmental Law except for such investigation or assessment or remedial or response action that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. 

(e) All Hazardous Materials generated, used, treated, handled or stored at, or transported to or from, any property currently or formerly
owned or operated by any Loan Party or any of its Subsidiaries have been disposed of in a manner not reasonably expected to result, individually or in the aggregate, in a Material Adverse Effect. 

(f) Except as would not reasonably be expected to result, individually or in the aggregate, in a Material Adverse Effect, none of the Loan
Parties and their Subsidiaries has contractually assumed any liability or obligation under or relating to any Environmental Law. 
 SECTION
5.10. Taxes. Except as set forth in Schedule 5.10 and except as could not, either individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, the Company and its Subsidiaries have filed all Federal
and state and other tax returns and reports required to be filed, and have paid all Federal and state and other taxes, assessments, fees and other governmental charges levied or imposed upon them or their properties, income or assets otherwise due
and payable, except those (a) which are not overdue by more than 30 days or (b) which are being contested in good faith by appropriate proceedings diligently conducted and for which adequate reserves have been provided in accordance with
GAAP. 

  
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 SECTION 5.11. ERISA Compliance. (a) Except as set forth in Schedule 5.11(a) or
as could not, either individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, each Plan is in compliance in with the applicable provisions of ERISA, the Code and other Federal or state Laws. 

(b) (i) No ERISA Event has occurred during the five year period prior to the date on which this representation is made or deemed made
with respect to any Pension Plan; (ii) no Pension Plan has an “accumulated funding deficiency” (as defined in Section 412 of the Code), whether or not waived; (iii) neither any Loan Party nor any ERISA Affiliate has
incurred, or reasonably expects to incur, any liability under Title IV of ERISA with respect to any Pension Plan (other than premiums due and not delinquent under Section 4007 of ERISA); (iv) neither any Loan Party nor any ERISA
Affiliate has incurred, or reasonably expects to incur, any liability (and no event has occurred which, with the giving of notice under Section 4219 of ERISA, would result in such liability) under Sections 4201 or 4243 of ERISA with
respect to a Multiemployer Plan; and (v) neither any Loan Party nor any ERISA Affiliate has engaged in a transaction that could be subject to Sections 4069 or 4212(c) of ERISA, except, with respect to each of the foregoing clauses of this
Section 5.11(b), as could not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect. 

SECTION 5.12. Subsidiaries; Equity Interests. As of the Fifth Amendment Effective Date, neither Holdings nor any Loan Party has any
Subsidiaries other than those specifically disclosed in Schedule 5.12, and all of the outstanding Equity Interests in material Subsidiaries have been validly issued, are fully paid and nonassessable and all Equity Interests owned by Holdings or a
Loan Party are owned free and clear of all Liens except (i) those created under the Collateral Documents and (ii) any nonconsensual Lien that is permitted under Section 7.01. As of the Fifth Amendment Effective Date,
Schedule 5.12 (a) sets forth the name and jurisdiction of each Subsidiary, and (b) sets forth the ownership interest of Holdings, the Company and any other Subsidiary in each Subsidiary, including the percentage of such ownership. On
the AS Separation Date, the assets and operations of the AS Business will be owned and conducted solely by the AS Subsidiaries (except to the extent such assets or operations are subject to the AS Separation Documents), and the AS Subsidiaries will
not own any significant assets or conduct any significant operations not associated with the AS Business. 
 SECTION 5.13. Margin
Regulations; Investment Company Act; Public Utility Holding Company Act. (a) The Borrower is not engaged nor will it engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within
the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock, and no proceeds of any Borrowings or drawings under any Letter of Credit will be used for any purpose that violates
Regulation U. 
 (b) None of the Company, any Person Controlling the Company, or any Subsidiary (other than a Broker-Dealer Subsidiary)
(i) is a “holding company,” or a “subsidiary company” of a “holding company,” or an “affiliate” of a “holding company” 

  
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or of a “subsidiary company” of a “holding company,” within the meaning of the Public Utility Holding Company Act of 1935, or (ii) is or is required to be registered as
an “investment company” under the Investment Company Act of 1940. 
 SECTION 5.14. Disclosure. No report, financial
statement, certificate or other written information furnished by or on behalf of any Loan Party to any Agent or any Lender in connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder or any
other Loan Document (as modified or supplemented by other information so furnished) when taken as a whole contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the
circumstances under which they were made, not materially misleading; provided that, with respect to projected financial information and pro forma financial information, the Company represents only that such information was prepared in good
faith based upon assumptions believed to be reasonable at the time of preparation; it being understood that such projections may vary from actual results and that such variances may be material. 

SECTION 5.15. Intellectual Property; Licenses, Etc. Each of the Loan Parties and their Subsidiaries own, license or possess the right
to use, all of the trademarks, service marks, trade names, domain names, copyrights, patents, patent rights, licenses, technology, software, know-how database rights, design rights and other intellectual property rights (collectively, “IP
Rights”) that are reasonably necessary for the operation of their respective businesses as currently conducted, and, without conflict with the rights of any Person, except to the extent such conflicts, either individually or in the
aggregate, could not reasonably be expected to have a Material Adverse Effect. No IP Rights, advertising, product, process, method, substance, part or other material used by any Loan Party or any Subsidiary in the operation of their respective
businesses as currently conducted infringes upon any rights held by any Person except for such infringements, individually or in the aggregate, which could not reasonably be expected to have a Material Adverse Effect. No claim or litigation
regarding any of the IP Rights, is pending or, to the knowledge of the Borrower, threatened against any Loan Party or Subsidiary, which, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 

SECTION 5.16. Solvency. On the Sixth Amendment Effective Date, after giving effect to the transactions contemplated hereby to be
consummated on such date, the Loan Parties, on a consolidated basis, are Solvent; and on the AS Separation Date, after giving effect to the AS Separation Transactions and the other transactions contemplated hereby to be consummated on such date, the
Loan Parties, on a consolidated basis, will be Solvent. 
 SECTION 5.17. [Reserved]. 

SECTION 5.18. Subordination of Junior Financing. The Obligations are “Senior Debt,” “Senior Indebtedness,”
“Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable term) under, and as defined in, any Junior Financing Documentation. 

  
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 SECTION 5.19. Labor Matters. Except as, in the aggregate, could not reasonably be expected
to have a Material Adverse Effect: (a) there are no strikes or other labor disputes against any of Holdings, the Company or its Subsidiaries pending or, to the knowledge of Holdings or the Company, threatened; (b) hours worked by and
payment made to employees of each of Holdings, the Company or its Subsidiaries have not been in violation of the Fair Labor Standards Act or any other applicable Laws dealing with such matters; and (c) all payments due from any of Holdings, the
Company or its Subsidiaries on account of employee health and welfare insurance have been paid or accrued as a liability on the books of the relevant party. 

ARTICLE VI 

Affirmative Covenants 

So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder which is accrued and payable shall remain
unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, each of Holdings and the Company shall, and shall (except in the case of the covenants set forth in Sections 6.01, 6.02 and 6.03) cause each Restricted Subsidiary to: 

SECTION 6.01. Financial Statements. Deliver to the Administrative Agent for prompt further distribution to each Lender: 

(a) as soon as available, but in any event within 90 days after the end of each fiscal year of the Company beginning with the
2012 fiscal year, a consolidated balance sheet of the Company and its Subsidiaries as at the end of such fiscal year, and the related consolidated statements of comprehensive income and cash flows for such fiscal year, setting forth in each case in
comparative form the figures for the previous fiscal year, all in reasonable detail and prepared in accordance with GAAP, audited and accompanied by a report and opinion of PricewaterhouseCoopers LLP or any other independent registered public
accounting firm of nationally recognized standing, which report and opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject to any “going concern” or like qualification or exception or
any qualification or exception as to the scope of such audit; 
 (b) as soon as available, but in any event within 45 days
after the end of each of the first three fiscal quarters of each fiscal year of the Company, a consolidated balance sheet of the Company and its Subsidiaries as at the end of such fiscal quarter, and the related (i) consolidated statements of
comprehensive income for such fiscal quarter and for the portion of the fiscal year then ended and (ii) consolidated statements of cash flows for the portion of the fiscal year then ended, setting forth in each case in comparative form the
figures for the corresponding fiscal quarter of the previous fiscal year and the 

  
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corresponding portion of the previous fiscal year, all in reasonable detail and certified by a Responsible Officer of the Company as fairly presenting in all material respects the financial
condition, results of operations and cash flows of the Company and its Subsidiaries in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of footnotes; 

(c) as soon as available, and in any event no later than 90 days after the end of each fiscal year of the Company, a detailed
consolidated budget for the following fiscal year (including a projected consolidated balance sheet of the Company and its Subsidiaries as of the end of the following fiscal year, the related consolidated statements of projected cash flow and
projected income and a summary of the material underlying assumptions applicable thereto), and, as soon as available, significant revisions, if any, of such budget and projections with respect to such fiscal year (collectively, the
“Projections”), which Projections shall in each case be accompanied by a certificate of a Responsible Officer stating that such Projections are based on reasonable estimates, information and assumptions and that such Responsible
Officer has no reason to believe that such Projections are incorrect or misleading in any material respect; and 
 (d)
simultaneously with the delivery of each set of consolidated financial statements referred to in Sections 6.01(a) and 6.01(b) above, the related consolidating financial statements reflecting the adjustments necessary to eliminate the accounts of
Unrestricted Subsidiaries (if any) from such consolidated financial statements. 
 Notwithstanding the foregoing, the obligations in paragraphs (a) and
(b) of this Section 6.01 may be satisfied with respect to financial information of the Company and the Restricted Subsidiaries by furnishing (A) the applicable financial statements of Holdings (or any direct or indirect parent of
Holdings) or (B) the Company’s or Holdings’ (or any direct or indirect parent thereof), as applicable, Form 10-K or 10-Q, as applicable, filed with the SEC; provided that, with respect to each of clauses (A) and (B),
(i) to the extent such information relates to Holdings (or a parent thereof), such information is accompanied by consolidating information that explains in reasonable detail the differences between the information relating to Holdings (or such
parent), on the one hand, and the information relating to the Company and the Restricted Subsidiaries on a standalone basis, on the other hand and (ii) to the extent such information is in lieu of information required to be provided under
Section 6.01(a), such materials are accompanied by a report and opinion of PricewaterhouseCoopers LLP or any other independent registered public accounting firm of nationally recognized standing, which report and opinion shall be prepared in
accordance with generally accepted auditing standards and shall not be subject to any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit. 

  
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 SECTION 6.02. Certificates; Other Information. Deliver to the Administrative Agent for
prompt further distribution to each Lender: 
 (a) no later than five days after the delivery of the financial statements referred to in
Section 6.01(a), a certificate of its independent registered public accounting firm certifying such financial statements and stating that in the course of (i) making the examination necessary therefor and (ii) performing certain other
procedures permitted by professional standards, no knowledge was obtained of any Event of Default under Section 7.11 or, if any Event of Default shall exist, stating the nature of such event; 

(b) no later than five days after the delivery of the financial statements referred to in Section 6.01(a) and (b), a duly completed
Compliance Certificate signed by a Responsible Officer of the Company and, if such Compliance Certificate demonstrates an Event of Default of any covenant under Section 7.11, any of the Equity Investors may deliver, together with such
Compliance Certificate, notice of their intent to cure (a “Notice of Intent to Cure”) such Event of Default pursuant to Section 8.05; provided that the delivery of a Notice of Intent to Cure shall in no way affect or
alter the occurrence, existence or continuation of any such Event of Default or the rights, benefits, powers and remedies of the Administrative Agent and the Lenders under any Loan Document; 

(c) promptly after the same are publicly available, copies of all annual, regular, periodic and special reports and registration statements
which the Company files with the SEC or with any Governmental Authority that may be substituted therefor (other than amendments to any registration statement (to the extent such registration statement, in the form it became effective, is delivered),
exhibits to any registration statement and, if applicable, any registration statement on Form S-8) and in any case not otherwise required to be delivered to the Administrative Agent pursuant hereto; 

(d) promptly after the furnishing thereof, copies of any material requests or material notices received by any Loan Party (other than in the
ordinary course of business) or material statements or material reports furnished to any holder of debt securities of any Loan Party or of any of its Subsidiaries pursuant to the terms of any Existing Notes Documentation, New Notes Documentation or
Junior Financing Documentation in a principal amount greater than the Threshold Amount and not otherwise required to be furnished to the Lenders pursuant to any other clause of this Section 6.02; 

(e) together with the delivery of each Compliance Certificate pursuant to Section 6.02(b), (i) a report setting forth the
information required by Section 3.03(c) of the Security Agreement or confirming that there has been no change in such information since the Closing Date or the date of the last such report), (ii) a description of each event, condition or
circumstance during the last fiscal quarter covered by such Compliance Certificate requiring a mandatory prepayment under Section 2.05(b) and (iii) a list of each Subsidiary that identifies each Subsidiary as a Restricted or an
Unrestricted Subsidiary as of the date of delivery of such Compliance Certificate; and 

  
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 (f) promptly, such additional information regarding the business, legal, financial or corporate
affairs of any Loan Party or any Subsidiary, or compliance with the terms of the Loan Documents, as the Administrative Agent or any Lender through the Administrative Agent may from time to time reasonably request. 

Documents required to be delivered pursuant to Section 6.01(a) or (b) or Section 6.02(c) (to the extent any such documents are
included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the Company posts such documents, or provides a link thereto on the
Company’s website on the Internet at the website address listed on Schedule 10.02; or (ii) on which such documents are posted on the Company’s behalf on IntraLinks/IntraAgency or another relevant website, if any, to which each Lender
and the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided that: (i) upon written request by the Administrative Agent, the Company shall deliver paper
copies of such documents to the Administrative Agent for further distribution to each Lender until a written request to cease delivering paper copies is given by the Administrative Agent and (ii) the Company shall notify (which may be by
facsimile or electronic mail) the Administrative Agent of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such documents. Notwithstanding anything
contained herein, in every instance the Company shall be required to provide paper copies of the Compliance Certificates required by Section 6.02(b) to the Administrative Agent. Each Lender shall be solely responsible for timely accessing
posted documents or requesting delivery of paper copies of such documents from the Administrative Agent and maintaining its copies of such documents. 

SECTION 6.03. Notices. Promptly after obtaining knowledge thereof, notify the Administrative Agent: 

(a) of the occurrence of any Default; and 

(b) of any matter that has resulted or could reasonably be expected to result in a Material Adverse Effect, including arising
out of or resulting from (i) breach or non-performance of, or any default or event of default under, a Contractual Obligation of any Loan Party or any Subsidiary, (ii) any dispute, litigation, investigation, proceeding or suspension
between any Loan Party or any Subsidiary and any Governmental Authority, (iii) the commencement of, or any material development in, any litigation or proceeding affecting any Loan Party or any Subsidiary, including pursuant to any applicable
Environmental Laws or in respect of IP Rights or the assertion or occurrence of any noncompliance by any Loan Party or as any of its Subsidiaries with, or liability under, any Environmental Law or Environmental Permit or (iv) the occurrence of
any ERISA Event. 
 Each notice pursuant to this Section shall be accompanied by a written statement of a Responsible Officer of the Company
(x) that such notice is being delivered 

  
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pursuant to Section 6.03(a) or (b) (as applicable) and (y) setting forth details of the occurrence referred to therein and stating what action the Company has taken and proposes to
take with respect thereto. 
 SECTION 6.04. Payment of Obligations. Pay, discharge or otherwise satisfy as the same shall become due
and payable, all its obligations and liabilities in respect of taxes, assessments and governmental charges or levies imposed upon it or upon its income or profits or in respect of its property, except, in each case, to the extent the failure to pay
or discharge the same could not reasonably be expected to have a Material Adverse Effect. 
 SECTION 6.05. Preservation of Existence,
Etc. (a) Preserve, renew and maintain in full force and effect its legal existence under the Laws of the jurisdiction of its organization except in a transaction permitted by Section 7.04 or 7.05 and (b) take all reasonable action
to maintain all rights, privileges (including its good standing), permits, licenses and franchises necessary or desirable in the normal conduct of its business, except (i) to the extent that failure to do so could not reasonably be expected to
have a Material Adverse Effect or (ii) pursuant to a transaction permitted by Section 7.04 or 7.05. 
 SECTION 6.06.
Maintenance of Properties. Except if the failure to do so could not reasonably be expected to have a Material Adverse Effect, (a) maintain, preserve and protect all of its material properties and equipment necessary in the operation of
its business in good working order, repair and condition, ordinary wear and tear excepted and casualty or condemnation excepted and (b) make all necessary renewals, replacements, modifications, improvements, upgrades, extensions and additions
thereof or thereto in accordance with prudent industry practice. 
 SECTION 6.07. Maintenance of Insurance. Maintain with financially
sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts
(after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Company and the Restricted Subsidiaries) as are customarily carried under similar circumstances by
such other Persons. 
 SECTION 6.08. Compliance with Laws. Comply in all material respects with the requirements of all Laws and all
orders, writs, injunctions and decrees applicable to it or to its business or property, except if the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect. 

SECTION 6.09. Books and Records. Maintain proper books of record and account, in which entries that are full, true and correct in all
material respects and are in conformity with GAAP consistently applied shall be made of all material financial transactions and matters involving the assets and business of the Company or such Subsidiary, as the case may be. 

  
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 SECTION 6.10. Inspection Rights. Permit representatives and independent contractors of the
Administrative Agent and each Lender to visit and inspect any of its properties, to examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its
directors, officers, and independent public accountants, all at the reasonable expense of the Company and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Company;
provided that, excluding any such visits and inspections during the continuation of an Event of Default, only the Administrative Agent on behalf of the Lenders may exercise rights of the Administrative Agent and the Lenders under this
Section 6.10 and the Administrative Agent shall not exercise such rights more often than two times during any calendar year absent the existence of an Event of Default and only one such time shall be at the Company’s expense; provided
further that when an Event of Default exists, the Administrative Agent or any Lender (or any of their respective representatives or independent contractors) may do any of the foregoing at the expense of the Company at any time during normal
business hours and upon reasonable advance notice. The Administrative Agent and the Lenders shall give the Company the opportunity to participate in any discussions with the Company’s independent public accountants. 

SECTION 6.11. Covenant to Guarantee Obligations and Give Security. At the Company’s expense, take all action necessary or
reasonably requested by the Administrative Agent to ensure that the Collateral and Guarantee Requirement continues to be satisfied, including: 

(a) upon the formation or acquisition of any new direct or indirect wholly owned Domestic Subsidiary (other than an Unrestricted Subsidiary or
an Excluded Subsidiary) by any Loan Party or the designation in accordance with Section 6.15 of any existing direct or indirect wholly owned Domestic Subsidiary as a Restricted Subsidiary: 

(i) within 30 days after such formation, acquisition or designation or such longer period as the Administrative Agent may agree
in its discretion: 
 (A) cause each such Restricted Subsidiary that is required to become a Guarantor under the Collateral
and Guarantee Requirement to furnish to the Administrative Agent a description of the real properties owned by such Restricted Subsidiary that, have a book value in excess of $5,000,000, in detail reasonably satisfactory to the
Administrative Agent; 
 (B) cause (x) each such Restricted Subsidiary that is required to become a Guarantor
pursuant to the Collateral and Guarantee Requirement to duly execute and deliver to the Administrative Agent or the Collateral Agent (as appropriate) Mortgages, Security Agreement Supplements, Intellectual Property Security Agreements and other
security agreements and documents (including, with respect to Mortgages, the documents listed in Section 6.13(b)), as reasonably requested by and in form and substance reasonably satisfactory to the Administrative Agent (consistent with the
Mortgages, Security Agreement, Intellectual Property Security 

  
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Agreements and other security agreements in effect on the Closing Date), in each case granting Liens required by the Collateral and Guarantee Requirement and (y) each direct or indirect
parent of each such Restricted Subsidiary that is required to be a Guarantor pursuant to the Collateral and Guarantee Requirement to duly execute and deliver to the Administrative Agent such Security Agreement Supplements and other security
agreements as reasonably requested by and in form and substance reasonably satisfactory to the Administrative Agent (consistent with the Security Agreements in effect on the Closing Date), in each case granting Liens required by the Collateral and
Guarantee Requirement; 
 (C) (x) cause each such Restricted Subsidiary that is required to become a Guarantor pursuant
to the Collateral and Guarantee Requirement to deliver any and all certificates representing Equity Interests (to the extent certificated) that are required to be pledged pursuant to the Collateral and Guarantee Requirement, accompanied by undated
stock powers or other appropriate instruments of transfer executed in blank and instruments evidencing the intercompany Indebtedness held by such Restricted Subsidiary and required to be pledged pursuant to the Collateral Documents, indorsed in
blank to the Collateral Agent and (y) cause each direct or indirect parent of such Restricted Subsidiary that is required to be a Guarantor pursuant to the Collateral and Guarantee Requirement to deliver any and all certificates representing
the outstanding Equity Interests (to the extent certificated) of such Restricted Subsidiary that are required to be pledged pursuant to the Collateral and Guarantee Requirement, accompanied by undated stock powers or other appropriate instruments of
transfer executed in blank and instruments evidencing the intercompany Indebtedness issued by such Restricted Subsidiary and required to be pledged in accordance with the Collateral Documents, indorsed in blank to the Collateral Agent; 

(D) take and cause such Restricted Subsidiary and each direct or indirect parent of such Restricted Subsidiary to take whatever
action (including the recording of Mortgages, the filing of Uniform Commercial Code financing statements and delivery of stock and membership interest certificates) may be necessary in the reasonable opinion of the Administrative Agent to vest in
the Administrative Agent (or in any representative of the Administrative Agent designated by it) valid Liens required by the Collateral and Guarantee Requirement, enforceable against all third parties in accordance with their terms, except as such
enforceability may be limited by Debtor Relief Laws and by general principles of equity, 
 (ii) within 30 days after the
request therefor by the Administrative Agent, deliver to the Administrative Agent a signed copy of an opinion, addressed to the Administrative Agent and the other Secured Parties, of counsel for the Loan Parties reasonably acceptable to the
Administrative Agent as to such matters set forth in this Section 6.11(a) as the Administrative Agent may reasonably request, and 

  
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 (iii) as promptly as practicable after the request therefor by the Administrative
Agent, deliver to the Administrative Agent with respect to each parcel of real property that is owned by such Restricted Subsidiary and has a book value in excess of $5,000,000 any existing title reports, surveys or environmental assessment reports.

 (b) (i) [Reserved]; 

(ii) the Company shall obtain the security interests and Guarantees set forth on Schedule 1.01B on or prior to the dates
corresponding to such security interests and Guarantees set forth on Schedule 1.01B; and 
 (iii) after the Closing Date,
concurrently with (x) the acquisition of any material personal property by any Loan Party, or (y) the acquisition of any owned real property by any Loan Party with a book value in excess of $5,000,000, and such personal property or owned
real property shall not already be subject to a perfected Lien pursuant to the Collateral and Guarantee Requirement, the Company shall give notice thereof to the Administrative Agent and promptly thereafter shall cause such assets to be subjected to
a Lien to the extent required by the Collateral and Guarantee Requirement and will take, or cause the relevant Loan Party to take, such actions as shall be necessary or reasonably requested by the Administrative Agent to grant and perfect or record
such Lien, including, as applicable, the actions referred to in Section 6.13(b) with respect to real property. 
 SECTION 6.12.
Compliance with Environmental Laws. Except, in each case, to the extent that the failure to do so could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, comply, and take all reasonable actions
to cause all lessees and other Persons operating or occupying its properties to comply with all applicable Environmental Laws and Environmental Permits; obtain and renew all Environmental Permits necessary for its operations and properties; and, in
each case to the extent required by Environmental Laws, conduct any investigation, study, sampling and testing, and undertake any cleanup, removal, remedial or other action necessary to remove and clean up all Hazardous Materials from any of its
properties, in accordance with the requirements of all Environmental Laws. 
 SECTION 6.13. Further Assurances and Post-Closing
Conditions. (a) Promptly upon reasonable request by the Administrative Agent (i) correct any material defect or error that may be discovered in the execution, acknowledgment, filing or recordation of any Collateral Document or other
document or instrument relating to any Collateral and (ii) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any and all such further acts, deeds, certificates, assurances and other instruments as the
Administrative Agent may reasonably request from time to time in order to carry out more effectively the purposes of the Collateral Documents. 

  
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 (b) In the case of any real property referred to in Section 6.11(b), provide the
Administrative Agent with Mortgages with respect to such owned real property within 30 days of the acquisition of such real property together with: 

(i) evidence that counterparts of the Mortgages have been duly executed, acknowledged and delivered and are in form suitable
for filing or recording in all filing or recording offices that the Administrative Agent may deem reasonably necessary or desirable in order to create a valid and subsisting perfected Lien on the property and/or rights described therein in favor of
the Administrative Agent or the Collateral Agent (as appropriate) for the benefit of the Secured Parties and that all filing and recording taxes and fees have been paid or otherwise provided for in a manner reasonably satisfactory to the
Administrative Agent; 
 (ii) fully paid American Land Title Association Lender’s Extended Coverage title insurance
policies or the equivalent or other form available in each applicable jurisdiction (the “Mortgage Policies”) in form and substance, with endorsements and in amount, reasonably acceptable to the Administrative Agent (not to exceed
the value of the real properties covered thereby), issued, coinsured and reinsured by title insurers reasonably acceptable to the Administrative Agent, insuring the Mortgages to be valid subsisting Liens on the property described therein, free and
clear of all defects and encumbrances, subject to Liens permitted by Section 7.01, and providing for such other affirmative insurance (including endorsements for future advances under the Loan Documents) and such coinsurance and direct access
reinsurance as the Administrative Agent may reasonably request; 
 (iii) opinions of local counsel for the Loan Parties in
states in which the real properties are located, with respect to the enforceability and perfection of the Mortgages and any related fixture filings in form and substance reasonably satisfactory to the Administrative Agent; 

(iv) [reserved]; and 

(v) such other evidence that all other actions that the Administrative Agent may reasonably deem necessary or desirable in
order to create valid and subsisting Liens on the property described in the Mortgages have been taken. 
 SECTION 6.14. [Reserved].

 SECTION 6.15. Designation of Subsidiaries. The board of directors of Holdings may at any time designate any Restricted Subsidiary
as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that (i) immediately before and after such designation, no Default shall have occurred and be continuing, (ii) immediately after
giving effect to such designation, the Company and the 

  
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Restricted Subsidiaries shall be in compliance, on a Pro Forma Basis, with the covenant set forth in Section 7.11(a) (regardless of whether such covenant is then applicable) (and, as a
condition precedent to the effectiveness of any such designation, the Company shall deliver to the Administrative Agent a certificate setting forth in reasonable detail the calculations demonstrating such compliance), (iii) no Subsidiary may be
designated as an Unrestricted Subsidiary if such Subsidiary is the Borrower, (iv) no Subsidiary may be designated as an Unrestricted Subsidiary if it is a “Restricted Subsidiary” for the purpose of the Existing Notes, the New Notes,
any Junior Financing or any Permitted Refinancing of any of the foregoing, as applicable, and (v) no Restricted Subsidiary may be designated as an Unrestricted Subsidiary if it was previously designated an Unrestricted Subsidiary. The
designation of any Subsidiary as an Unrestricted Subsidiary shall constitute an Investment by the Company therein at the date of designation in an amount equal to the net book value of the Company’s (as applicable) investment therein. The
designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence at the time of designation of any Indebtedness or Liens of such Subsidiary existing at such time. 

ARTICLE VII 

Negative Covenants 

So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder which is accrued and payable shall remain
unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, Holdings and the Company shall not, nor shall they permit any of their Restricted Subsidiaries to, directly or indirectly: 

SECTION 7.01. Liens. Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned
or hereafter acquired, other than the following: 
 (a) Liens pursuant to any Loan Document; 

(b) Liens existing on the Closing Date and listed on Schedule 7.01(b) and any modifications, replacements, renewals or extensions thereof;
provided that (i) the Lien does not extend to any additional property other than (A) after-acquired property that is affixed or incorporated into the property covered by such Lien or financed by Indebtedness permitted under
Section 7.03 and (B) proceeds and products thereof, and (ii) the renewal, extension or refinancing of the obligations secured or benefited by such Liens is permitted by Section 7.03; 

(c) Liens for taxes, assessments or governmental charges which are not overdue for a period of more than 30 days or which are being contested
in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 

  
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 (d) statutory Liens of landlords, carriers, warehousemen, mechanics, materialmen, repairmen,
construction contractors or other like Liens arising in the ordinary course of business which secure amounts not overdue for a period of more than 30 days or if more than 30 days overdue, are unfiled and no other action has been taken to enforce
such Lien or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 

(e) (i) pledges or deposits in the ordinary course of business in connection with workers’ compensation, unemployment insurance and
other social security legislation and (ii) pledges and deposits in the ordinary course of business securing liability for reimbursement or indemnification obligations of (including obligations in respect of letters of credit or bank guarantees
for the benefit of) insurance carriers providing property, casualty or liability insurance to Holdings, the Company or any Restricted Subsidiary; 

(f) deposits to secure the performance of bids, trade contracts, governmental contracts and leases (other than Indebtedness for borrowed
money), statutory obligations, surety, stay, customs and appeal bonds, performance bonds and other obligations of a like nature (including those to secure health, safety and environmental obligations) incurred in the ordinary course of business;

 (g) easements, rights-of-way, restrictions, encroachments, protrusions and other similar encumbrances and minor title defects affecting
real property which, in the aggregate, do not in any case materially interfere with the ordinary conduct of the business of the Company or any material Subsidiary; 

(h) Liens securing judgments for the payment of money not constituting an Event of Default under Section 8.01(h); 

(i) Liens securing Indebtedness permitted under Section 7.03(e); provided that (i) such Liens attach concurrently with or
within 270 days after the acquisition, repair, replacement, construction or improvement (as applicable) of the property subject to such Liens, (ii) such Liens do not at any time encumber any property except for accessions to such property other
than the property financed by such Indebtedness and the proceeds and the products thereof and (iii) with respect to Capitalized Leases, such Liens do not at any time extend to or cover any assets (except for accessions to such assets) other
than the assets subject to such Capitalized Leases; provided that individual financings of equipment provided by one lender may be cross collateralized to other financings of equipment provided by such lender; 

(j) leases, licenses, subleases or sublicenses granted to others in the ordinary course of business which do not (i) interfere in any
material respect with the business of the Company or any material Subsidiary or (ii) secure any Indebtedness; 

  
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 (k) Liens in favor of customs and revenue authorities arising as a matter of law to secure
payment of customs duties in connection with the importation of goods in the ordinary course of business; 
 (l) Liens (i) of a
collection bank arising under Section 4-210 of the Uniform Commercial Code on items in the course of collection, (ii) attaching to commodity trading accounts or other commodities brokerage accounts incurred in the ordinary course of
business and (iii) in favor of a banking institution arising as a matter of law encumbering deposits (including the right of set-off) and which are within the general parameters customary in the banking industry; 

(m) Liens (i) on cash advances in favor of the seller of any property to be acquired in an Investment permitted pursuant to Sections
7.02(g), (i) and (n) to be applied against the purchase price for such Investment and (ii) consisting of an agreement to Dispose of any property in a Disposition permitted under Section 7.05, in each case, solely to the extent
such Investment or Disposition, as the case may be, would have been permitted on the date of the creation of such Lien; 
 (n) Liens on
property (i) of any Foreign Subsidiary that is not a Loan Party and (ii) that does not constitute Collateral, which Liens secure Indebtedness of the applicable Foreign Subsidiary permitted under Section 7.03; 

(o) Liens in favor of the Company or a Restricted Subsidiary securing Indebtedness permitted under Section 7.03(d); 

(p) Liens existing on property at the time of its acquisition or existing on the property of any Person at the time such Person becomes a
Restricted Subsidiary (other than by designation as a Restricted Subsidiary pursuant to Section 6.15), in each case after the Closing Date (other than Liens on the Equity Interests of any Person that becomes a Restricted Subsidiary);
provided that (i) such Lien was not created in contemplation of such acquisition or such Person becoming a Restricted Subsidiary, (ii) such Lien does not extend to or cover any other assets or property (other than the proceeds or
products thereof and other than after-acquired property subjected to a Lien securing Indebtedness and other obligations incurred prior to such time and which Indebtedness and other obligations are permitted hereunder that require, pursuant to their
terms at such time, a pledge of after-acquired property, it being understood that such requirement shall not be permitted to apply to any property to which such requirement would not have applied but for such acquisition) and (iii) the
Indebtedness secured thereby is permitted under Section 7.03(e), (g), (h), or (k); 
 (q) any interest or title of a lessor under
leases entered into by the Company or any of the Restricted Subsidiaries in the ordinary course of business; 
 (r) Liens arising out of
conditional sale, title retention, consignment or similar arrangements for sale of goods entered into by the Company or any of the Restricted Subsidiaries in the ordinary course of business permitted by this Agreement; 

  
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 (s) Liens deemed to exist in connection with Investments in repurchase agreements under
Section 7.02; 
 (t) Liens encumbering reasonable customary initial deposits and margin deposits and similar Liens attaching to
commodity trading accounts or other brokerage accounts incurred in the ordinary course of business and not for speculative purposes; 
 (u)
Liens that are contractual rights of set-off (i) relating to the establishment of depository relations with banks not given in connection with the issuance of Indebtedness, (ii) relating to pooled deposit or sweep accounts of Holdings, the
Company or any Restricted Subsidiary to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of business of Holdings, the Company and the Restricted Subsidiaries or (iii) relating to purchase orders and other
agreements entered into with customers of Holdings, the Company or any Restricted Subsidiary in the ordinary course of business; 
 (v)
Liens solely on any cash earnest money deposits made by Holdings, the Company or any of the Restricted Subsidiaries in connection with any letter of intent or purchase agreement permitted hereunder; 

(w) (i) Liens placed upon the Equity Interests of any Restricted Subsidiary acquired pursuant to a Permitted Acquisition to secure
Indebtedness incurred pursuant to Section 7.03(g) in connection with such Permitted Acquisition and (ii) Liens placed upon the assets of such Restricted Subsidiary and any of its Subsidiaries to secure a Guarantee by such Restricted
Subsidiary and its Subsidiaries of any such Indebtedness incurred pursuant to Section 7.03(g); 
 (x) Liens in respect of the
Receivables Facility; 
 (y) Broker-Dealer Liens in respect of the Broker-Dealer Facility; 

(z) Pari Passu Liens; 
 (aa)
ground leases in respect of real property on which facilities owned or leased by the Company or any of its Subsidiaries are located; 
 (bb)
other Liens securing Indebtedness outstanding in an aggregate principal amount not to exceed $75,000,000; and 
 (cc) Liens on the
Collateral securing (i) Permitted First Priority Refinancing Debt and Permitted Second Priority Refinancing Debt permitted under Section 7.03(x) and (ii) Alternative Incremental Facility Debt permitted under Section 7.03(z). 

Notwithstanding the foregoing, no Liens on any IP Collateral shall be permitted at any time, other than pursuant to Section 7.01(a), (b), (c), (h), (j),
(m), (o), (p), (r), (u)(iii) or (w). 

  
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 SECTION 7.02. Investments. Make or hold any Investments, except: 

(a) Investments by the Company or a Restricted Subsidiary in assets that were Cash Equivalents when such Investment was made; 

(b) loans or advances to officers, directors and employees of Holdings, the Company and the Restricted Subsidiaries (i) for reasonable
and customary business-related travel, entertainment, relocation and analogous ordinary business purposes, (ii) in connection with such Person’s purchase of Equity Interests of Holdings (or any direct or indirect parent thereof)
(provided that the amount of such loans and advances shall be contributed to the Company in cash as common equity) and (iii) for purposes not described in the foregoing clauses (i) and (ii), in an aggregate principal amount
outstanding not to exceed $10,000,000; 
 (c) Investments (i) by Holdings, the Company or any Restricted Subsidiary in any Loan Party
(excluding any new Restricted Subsidiary which becomes a Loan Party and excluding any Foreign Subsidiary), (ii) by any Restricted Subsidiary that is not a Loan Party in any other such Restricted Subsidiary that is also not a Loan Party,
(iii) by the Company or any Restricted Subsidiary (A) in any Foreign Subsidiary; provided that the aggregate amount of such Investments after the Fourth Amendment Effective Date in Foreign Subsidiaries that are not Loan Parties
(together with, but without duplication, the aggregate consideration paid after the Fourth Amendment Effective Date in respect of Permitted Acquisitions of Persons that do not become Loan Parties pursuant to Section 7.02(i)(B)) shall not exceed
$325,000,000 (net of any return representing a return of capital in respect of any such Investment) or (B) in any Foreign Subsidiary that is a Loan Party, consisting of the contribution of Equity Interests of any other Foreign Subsidiary held
directly by the Company or such Restricted Subsidiary in exchange for Indebtedness, Equity Interests or a combination thereof of the Foreign Subsidiary to which such contribution is made, (C) in any Foreign Subsidiary, constituting an exchange
of Equity Interests of such Foreign Subsidiary for Indebtedness of such Foreign Subsidiary or (D) constituting Guarantees of Indebtedness or other monetary obligations of Foreign Subsidiaries owing to any Loan Party, (iv) by any Foreign
Subsidiary that is a Loan Party in any other Foreign Subsidiary that is a Loan Party (other than any new Restricted Subsidiary that becomes a Loan Party) and (v) by the Company or any of its Subsidiaries in connection with the AS Separation
Transactions (including the investment of cash or Cash Equivalents in AS New LLC in an amount not to exceed an amount reasonably determined by the Company to be reasonably necessary to fund the initial working capital needs of AS Spinco and the AS
Subsidiaries following the AS Separation after taking into account any working capital facilities of AS Spinco and the AS Subsidiaries to be in effect on the AS Separation Date); 

(d) Investments consisting of extensions of credit in the nature of accounts receivable or notes receivable arising from the grant of trade
credit in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled account debtors and other credits to suppliers in the ordinary course of business; 

  
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 (e) Investments consisting of Liens, Indebtedness, fundamental changes, Dispositions and
Restricted Payments permitted under Sections 7.01, 7.03, 7.04, 7.05 and 7.06, respectively; 
 (f) Investments (i) existing or
contemplated on the Closing Date and set forth on Schedule 7.02(f) and any modification, replacement, renewal, reinvestment or extension thereof and (ii) Investments existing on the Closing Date by the Company or any Restricted Subsidiary in
the Company or any other Restricted Subsidiary and any modification, renewal or extension thereof; provided that the amount of the original Investment is not increased except by the terms of such Investment or as otherwise permitted by this
Section 7.02; 
 (g) Investments in Swap Contracts permitted under Section 7.03; 

(h) promissory notes and other noncash consideration received in connection with Dispositions permitted by Section 7.05; 

(i) the purchase or other acquisition of property and assets or businesses of any Person or of assets constituting a business unit, a line of
business or division of such Person, or Equity Interests in a Person that, upon the consummation thereof, will be, except as contemplated by clause (B) below, a wholly owned Subsidiary of the Company (including as a result of a merger or
consolidation); provided that, with respect to each purchase or other acquisition made pursuant to this Section 7.02(i) (each, a “Permitted Acquisition”): 

(A) subject to clause (B) below, a majority of all property, assets and businesses acquired in such purchase or other
acquisition shall constitute Collateral and each applicable Loan Party and any such newly created or acquired Subsidiary (and, to the extent required under the Collateral and Guarantee Requirement, the Subsidiaries of such created or acquired
Subsidiary) shall be a Guarantor and shall have complied with the requirements of Section 6.11, within the times specified therein; 

(B) the aggregate amount of consideration paid after the Fourth Amendment Effective Date by Loan Parties in respect of
acquisitions of Persons that do not become Loan Parties (together with the aggregate amount of all Investments after the Fourth Amendment Effective Date in Foreign Subsidiaries that are not Loan Parties pursuant to Section 7.02(c)(iii)(A))
shall not exceed $325,000,000 (net of any return representing a return of capital in respect of any such Investment); 
 (C)
the Company is in compliance with Section 7.07 after giving effect to such purchase or acquisition; 
 (D)
(1) immediately before and immediately after giving Pro Forma Effect to any such purchase or other acquisition, no Default shall have occurred and be continuing and (2) immediately after giving effect to such purchase or other acquisition,
the Company and the Restricted 

  
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Subsidiaries shall be in Pro Forma Compliance with the covenant set forth in Section 7.11(a) (regardless of whether such covenant is then applicable), such compliance to be determined on the
basis of the financial information most recently delivered to the Administrative Agent and the Lenders pursuant to Section 6.01(a) or (b) as though such purchase or other acquisition had been consummated as of the first day of the fiscal
period covered thereby and evidenced by a certificate from the Chief Financial Officer of the Company demonstrating such compliance calculation in reasonable detail; and 

(E) the Company shall have delivered to the Administrative Agent, on behalf of the Lenders, no later than five Business Days
after the date on which any such purchase or other acquisition is consummated, a certificate of a Responsible Officer, in form and substance reasonably satisfactory to the Administrative Agent, certifying that all of the requirements set forth in
this clause (i) have been satisfied or will be satisfied on or prior to the consummation of such purchase or other acquisition; 
 (j)
the Transaction; 
 (k) Investments in the ordinary course of business consisting of Article 3 endorsements for collection or deposit and
Article 4 customary trade arrangements with customers consistent with past practices; 
 (l) Investments (including debt obligations and
Equity Interests) received in connection with the bankruptcy or reorganization of suppliers and customers or in settlement of delinquent obligations of, or other disputes with, customers and suppliers arising in the ordinary course of business or
upon the foreclosure with respect to any secured Investment or other transfer of title with respect to any secured Investment; 
 (m) loans
and advances to Holdings (or any direct or indirect parent thereof) in lieu of, and not in excess of the amount of (after giving effect to any other loans, advances or Restricted Payments in respect thereof), Restricted Payments to the extent
permitted to be made to Holdings (or such parent) in accordance with Sections 7.06(h), (i) or (j); 
 (n) so long as immediately
after giving effect to any such Investment, no Default has occurred and is continuing and the Company and the Restricted Subsidiaries will be in Pro Forma Compliance with the covenant set forth in Section 7.11(a) (regardless of whether such
covenant is then applicable), other Investments made after the Fourth Amendment Effective Date that do not exceed $500,000,000 in the aggregate, net of any return representing return of capital in respect of any such investment and valued at the
time of the making thereof; provided that, such amount shall be increased by (i) the Net Cash Proceeds of Permitted Equity Issuances (other than Permitted Equity Issuances made pursuant to Section 8.05) that are Not Otherwise
Applied and (ii) if, as of the last day of the immediately preceding Test Period (after giving Pro Forma Effect to such Investments) the Total Leverage Ratio is 5.50:1 or less, the amount of Cumulative Excess Cash Flow that is Not Otherwise
Applied; 

  
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 (o) advances of payroll payments to employees in the ordinary course of business; 

(p) Investments to the extent that payment for such Investments is made solely with capital stock of Holdings (or the Company after a
Qualifying IPO of the Company); 
 (q) Investments of a Restricted Subsidiary acquired after the Closing Date or of a corporation merged
into the Company or merged or consolidated with a Restricted Subsidiary in accordance with Section 7.04 after the Closing Date to the extent that such Investments were not made in contemplation of or in connection with such acquisition, merger
or consolidation and were in existence on the date of such acquisition, merger or consolidation; 
 (r) Investments arising as a result of
the Receivables Facility; and 
 (s) Guarantees by Holdings, the Company or any Restricted Subsidiary of leases (other than Capitalized
Leases) or of other obligations that do not constitute Indebtedness, in each case entered into in the ordinary course of business; 
 provided that
no Investment in an Unrestricted Subsidiary that would otherwise be permitted under this Section 7.02 shall be permitted hereunder to the extent that any portion of such Investment is used to make any prepayments, redemptions, purchases,
defeasances and other payments in respect of Junior Financings. 
 SECTION 7.03. Indebtedness. Create, incur, assume or suffer to
exist any Indebtedness, except: 
 (a) Indebtedness of Holdings, the Company and any of its Subsidiaries under the Loan
Documents (including any Indebtedness incurred pursuant to Sections 2.15 and 2.18); 
 (b) Indebtedness (i) outstanding
on the Closing Date and listed on Schedule 7.03(b) and any Permitted Refinancing thereof and (ii) intercompany Indebtedness outstanding on the Closing Date; 

(c) Guarantees by Holdings, the Company and the Restricted Subsidiaries in respect of Indebtedness of the Company or any
Restricted Subsidiary otherwise permitted hereunder; provided that (A) no Guarantee by any Restricted Subsidiary of any Existing Note, New Note or Junior Financing shall be permitted unless such Restricted Subsidiary shall have also
provided a Guarantee of the Obligations substantially on the terms set forth in the Subsidiary Guaranty and (B) if the Indebtedness being Guaranteed is subordinated to the Obligations, such Guarantee shall be subordinated to the Guarantee of
the Obligations on terms at least as favorable to the Lenders as those contained in the subordination of such Indebtedness; 

  
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 (d) Indebtedness of the Company or any Restricted Subsidiary owing to the
Company or any other Restricted Subsidiary to the extent constituting an Investment permitted by Section 7.02; provided that, all such Indebtedness of any Loan Party owed to any Person that is not a Loan Party shall be subject to the
subordination terms set forth in Section 5.03 of the Security Agreement; 
 (e) (i) Attributable Indebtedness and
other Indebtedness (including Capitalized Leases) financing the acquisition, construction, repair, replacement or improvement of fixed or capital assets, other than software; provided that such Indebtedness is incurred concurrently with or
within 270 days after the applicable acquisition, construction, repair, replacement or improvement, (ii) Attributable Indebtedness arising out of sale-leaseback transactions permitted by Section 7.05(f) and (iii) any Permitted
Refinancing of any Indebtedness set forth in the immediately preceding clauses (i) and (ii); 
 (f) Indebtedness in
respect of Swap Contracts designed to hedge against interest rates, foreign exchange rates or commodities pricing risks incurred in the ordinary course of business and not for speculative purposes; 

(g) Indebtedness of Foreign Subsidiaries or Guarantors (i) assumed in connection with any Permitted Acquisition or
(ii) incurred to finance a Permitted Acquisition, in each case, that is secured only by the assets or business acquired in the applicable Permitted Acquisition (including any acquired Equity Interests) and so long as both immediately prior and
after giving effect thereto, (A) no Default shall exist or result therefrom, (B) the Company and the Restricted Subsidiaries will be in Pro Forma Compliance with the covenant set forth in Section 7.11(a) (regardless of whether such
covenant is then applicable), and (C) the aggregate principal amount of such Indebtedness and all Indebtedness resulting from any Permitted Refinancing thereof at any time outstanding pursuant to this paragraph (g) does not exceed
$200,000,000; 
 (h) (i) Indebtedness of Holdings, the Company and the Restricted Subsidiaries (A) assumed in
connection with any Permitted Acquisition; provided that such Indebtedness is not incurred in contemplation of such Permitted Acquisition or (B) incurred to finance a Permitted Acquisition and (ii) any Permitted Refinancing of the
foregoing; provided, in each case that such Indebtedness and all Indebtedness resulting from any Permitted Refinancing thereof (v) is unsecured or is subordinated to the Obligations on terms no less

  
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favorable to the Lenders than the subordination terms set forth in the Senior Subordinated Notes Indenture as of the Closing Date, (w) both immediately prior and after giving effect thereto,
(1) no Default shall exist or result therefrom and (2) the Company and the Restricted Subsidiaries will be in Pro Forma Compliance with the covenant set forth in Section 7.11(a) (regardless of whether such covenant is then
applicable), (x) matures after, and does not require any scheduled amortization or other scheduled payments of principal prior to, the Latest Maturity Date of the Term Loans at the time of the incurrence of such Indebtedness (it being
understood that such Indebtedness may have mandatory prepayment, repurchase or redemptions provisions satisfying the requirement of clause (y) hereof), (y) has terms and conditions (other than interest rate, redemption premiums and
subordination terms), taken as a whole, that are not materially less favorable to the Company as the terms and conditions of the New Notes as of the Closing Date; provided that a certificate of a Responsible Officer delivered to the
Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto,
stating that the Company has determined in good faith that such terms and conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent
notifies the Company within such five Business Day period that it disagrees with such determination (including a reasonable description of the basis upon which it disagrees); and (z) with respect to such Indebtedness described in the
immediately preceding clause (B), is incurred by the Company or a Guarantor. 
 (i) Indebtedness representing deferred
compensation to employees of the Company and the Restricted Subsidiaries incurred in the ordinary course of business; 

(j) Indebtedness consisting of promissory notes issued by any Loan Party to current or former officers, directors and
employees, their respective estates, spouses or former spouses to finance the purchase or redemption of Equity Interests of Holdings permitted by Section 7.06; 

(k) Indebtedness incurred by Holdings, the Company or the Restricted Subsidiaries in a Permitted Acquisition, any other
Investment expressly permitted hereunder or any Disposition constituting indemnification obligations or obligations in respect of purchase price or other similar adjustments; 

(l) Indebtedness consisting of obligations of Holdings, the Company or the Restricted Subsidiaries under deferred compensation

  
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or other similar arrangements incurred by such Person in connection with the Transaction and Permitted Acquisitions or any other Investment expressly permitted hereunder; 

(m) Cash Management Obligations and other Indebtedness in respect of netting services, employee credit or purchase card
programs, overdraft protections and similar arrangements in each case in the ordinary course of business; provided that the aggregate principal amount of Indebtedness incurred in respect of employee credit or purchase card programs pursuant
to this paragraph (m) shall not exceed $25,000,000 at any time outstanding; 
 (n) Indebtedness in an aggregate
principal amount not to exceed $750,000,000 at any time outstanding; provided that a maximum of $400,000,000 of aggregate principal amount of such Indebtedness (less the aggregate principal amount of Indebtedness of Foreign Subsidiaries that
are not Guarantors outstanding at any time under Section 7.03(g)) may be incurred on a secured basis by Foreign Subsidiaries that are not Guarantors solely for working capital purposes of, or financing Permitted Acquisitions by, such Foreign
Subsidiaries; 
 (o) Indebtedness consisting of (a) the financing of insurance premiums or (b) take-or-pay
obligations contained in supply arrangements, in each case, in the ordinary course of business; 
 (p) Indebtedness incurred
by the Company or any of the Restricted Subsidiaries in respect of letters of credit, bank guarantees, bankers’ acceptances or similar instruments issued or created in the ordinary course of business, including in respect of workers
compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or other Indebtedness with respect to reimbursement-type obligations regarding workers compensation claims;
provided that any reimbursement obligations in respect thereof are reimbursed within 30 days following the incurrence thereof; 

(q) obligations in respect of performance, bid, appeal and surety bonds and performance and completion guarantees and similar
obligations provided by the Company or any of the Restricted Subsidiaries or obligations in respect of letters of credit, bank guarantees or similar instruments related thereto, in each case in the ordinary course of business or consistent with past
practice; 
 (r) unsecured Indebtedness of Holdings (“Permitted Holdings Debt”) (i) that is not
subject to any Guarantee by the Company or any Restricted Subsidiary, (ii) that will not mature prior to the date that is 91 days after the Latest Maturity Date of the Term Loans at the time 

  
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such Indebtedness is incurred, (iii) that has no scheduled amortization or payments of principal (it being understood that such Indebtedness may have mandatory prepayment, repurchase or
redemption provisions satisfying the requirements of clause (v) hereof), (iv) that does not require any payments in cash of interest or other amounts in respect of the principal thereof prior to the earlier to occur of (A) the date
that is five years from the date of the issuance or incurrence thereof and (B) the date that is 91 days after the Latest Maturity Date of the Term Loans at the time such Indebtedness is incurred, and (v) that has mandatory prepayment,
repurchase or redemption, covenant, default and remedy provisions customary for senior discount notes of an issuer that is the parent of a borrower under senior secured credit facilities, and in any event, with respect to covenant, default and
remedy provisions, no more restrictive than those set forth in the Senior Subordinated Notes Indenture as of the Closing Date, taken as a whole (other than provisions customary for senior discount notes of a holding company); provided that a
certificate of a Responsible Officer delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such
Indebtedness or drafts of the documentation relating thereto, stating that the Company has determined in good faith that such terms and conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy
the foregoing requirement unless the Administrative Agent notifies the Company within such five Business Day period that it disagrees with such determination (including a reasonable description of the basis upon which it disagrees); provided,
further, that any such Indebtedness shall constitute Permitted Holdings Debt only if (1) both before and after giving effect to the issuance or incurrence thereof, no Default shall have occurred and be continuing and (2) the Company
and the Restricted Subsidiaries will be in Pro Forma Compliance with the covenant set forth in Section 7.11(a) (regardless of whether such covenant is then applicable) (it being understood that any capitalized or paid-in-kind or accreted
principal on such Indebtedness is not subject to this proviso); 
 (s) Indebtedness supported by a Letter of Credit, in a
principal amount not to exceed the face amount of such Letter of Credit; 
 (t) Indebtedness in respect of the Receivables
Facility; 
 (u) the Broker-Dealer Facility, in an aggregate principal amount of Indebtedness not to exceed $20,000,000 at
any time outstanding; 
 (v) Indebtedness in respect of the New Notes and any Permitted Refinancing thereof; 

  
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 (w) all premiums (if any), interest (including post-petition interest), fees,
expenses, charges and additional or contingent interest on obligations described in clauses (a) through (v) above; 

(x) Permitted First Priority Refinancing Debt and Permitted Second Priority Refinancing Debt and, to the extent the principal
amount thereof does not exceed the principal amount of Permitted First Priority Refinancing Debt or Permitted Second Priority Refinancing Debt refinanced thereby, any Permitted Refinancing thereof; 

(y) Permitted Unsecured Refinancing Debt and any Permitted Refinancing thereof; 

(z) Alternative Incremental Facility Debt and, to the extent the principal amount thereof does not exceed the principal amount
of Alternative Incremental Facility Debt refinanced thereby, any Permitted Refinancing thereof; provided that (i) at the time of incurrence of any such Alternative Incremental Facility Debt and after giving effect to such incurrence and
the use of proceeds therefrom, no Default or Event of Default shall exist, (ii) the Company shall be in compliance with the covenant set forth in Section 7.11(a) determined on a Pro Forma Basis as of the date such Alternative Incremental
Facility Debt is incurred and the last day of the most recent Test Period (regardless of whether such covenant is then applicable), in each case, as if such Alternative Incremental Facility Debt had been outstanding on the last day of such fiscal
quarter of the Company for testing compliance therewith, (iii) each issuance of Alternative Incremental Facility Debt shall be in an aggregate principal amount that is not less than $50,000,000 (provided that such amount may be less than
$50,000,000 if such amount represents all remaining availability under the limit set forth in clause (iv)) and (iv) the aggregate amount of Incremental Term Loans, Revolving Commitment Increases and Alternative Incremental Facility Debt
(x) after the Sixth Amendment Effective Date and prior to the AS Separation Date shall not exceed $750,000,000 and (y) from and after the AS Separation Date shall not exceed $500,000,000 less the aggregate principal amount (not in excess
of $500,000,000) of Incremental Term Loans, Revolving Commitment Increases and Alternative Incremental Facility Debt incurred after the Sixth Amendment Effective Date and prior to the AS Separation Date; and 

(aa) AS Spinco Securities and AS Term Loans in an aggregate principal amount at any time outstanding not in excess of
$1,500,000,000. 

  
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 SECTION 7.04. Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into
another Person, or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that: 

(a) any Restricted Subsidiary may merge with (i) the Borrower (including a merger, the purpose of which is to reorganize the Borrower
into a new jurisdiction); provided that (x) the Borrower shall be the continuing or surviving Person and (y) such merger does not result in the Company ceasing to be incorporated under the Laws of the United States, any state
thereof or the District of Columbia, or (ii) any one or more other Restricted Subsidiaries; provided that when any Restricted Subsidiary that is a Loan Party is merging with another Restricted Subsidiary, a Loan Party shall be the
continuing or surviving Person; 
 (b) (i) any Subsidiary that is not a Loan Party may merge or consolidate with or into any other
Subsidiary that is not a Loan Party and (ii) any Subsidiary (other than the Borrower) may liquidate or dissolve or change its legal form if Holdings determines in good faith that such action is in the best interests of Holdings and its
Subsidiaries and if not materially disadvantageous to the Lenders; 
 (c) any Restricted Subsidiary may Dispose of all or substantially all
of its assets (upon voluntary liquidation or otherwise) to the Company or to another Restricted Subsidiary; provided that if the transferor in such a transaction is a Guarantor or the Borrower, then (i) the transferee must either be the
Borrower or a Guarantor or (ii) to the extent constituting an Investment, such Investment must be a permitted Investment in or Indebtedness of a Restricted Subsidiary which is not a Loan Party in accordance with Sections 7.02 and 7.03,
respectively; 
 (d) so long as no Default exists or would result therefrom, the Company may merge with any other Person; provided
that (i) the Company shall be the continuing or surviving corporation or (ii) if the Person formed by or surviving any such merger or consolidation is not the Company (any such Person, the “Successor Company”),
(A) the Successor Company shall be an entity organized or existing under the laws of the United States, any state thereof, the District of Columbia or any territory thereof, (B) the Successor Company shall expressly assume all the
obligations of the Company under this Agreement and the other Loan Documents to which the Company is a party pursuant to a supplement hereto or thereto in form reasonably satisfactory to the Administrative Agent, (C) each Guarantor, unless it
is the other party to such merger or consolidation, shall have by a supplement to the Guaranty confirmed that its Guarantee shall apply to the Successor Company’s obligations under this Agreement, (D) each Guarantor, unless it is the other
party to such merger or consolidation, shall have by a supplement to the Security Agreement confirmed that its obligations thereunder shall apply to the Successor Company’s obligations under this Agreement, (E) each mortgagor of a
Mortgaged Property, unless it is the other party to such merger or consolidation, shall have by an amendment to or restatement of the applicable Mortgage confirmed that its obligations thereunder shall apply to the Successor Company’s
obligations under this Agreement and (F) the Company shall have delivered to the Administrative Agent an officer’s certificate and an opinion of counsel, each stating that such merger or consolidation and such supplement to this Agreement
or any Collateral Document comply with this Agreement; provided, further, that if the foregoing are satisfied, the Successor Company will succeed to, and be substituted for, the Company under this Agreement; 

  
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 (e) so long as no Default exists or would result therefrom, any Restricted Subsidiary may merge
with any other Person in order to effect an Investment permitted pursuant to Section 7.02; provided that the continuing or surviving Person shall be a Restricted Subsidiary, which together with each of its Restricted Subsidiaries, shall
have complied with the requirements of Section 6.11; 
 (f) the Company and the Restricted Subsidiaries may consummate the Merger; 

(g) so long as no Default exists or would result therefrom, a merger, dissolution, liquidation, consolidation or Disposition, the purpose of
which is to effect a Disposition permitted pursuant to Section 7.05; and 
 (h) so long as no Default exists or would result therefrom
(including any Change of Control), Holdings (and any Successor Holding Company, as defined below) may merge with or be liquidated into any direct parent company holding 100% of the outstanding Equity Interests of Holdings; provided that
(A) the Person formed by or surviving any such merger or consolidation (if not Holdings) or acquiring the assets of Holdings in any such liquidation (any such Person, the “Successor Holding Company”) shall be an entity
organized or existing under the laws of the United States, any state thereof, the District of Columbia or any territory thereof and shall expressly assume all the obligations of Holdings under this Agreement and the other Loan Documents to which
Holdings is a party (including the Holdings Guaranty and all Collateral Documents to which Holdings is a party) pursuant to a supplement hereto or thereto in form reasonably satisfactory to the Administrative Agent, (B) after giving effect to
any such merger, consolidation or liquidation, Holdings or the Successor Holding Company, as the case may be, shall directly own 100% of the outstanding Equity Interests of the Company, which shall continue to be pledged to secure the Obligations
under the Collateral Documents and (C) the Company shall have delivered to the Administrative Agent a certificate of a Responsible Officer and an opinion of outside counsel, each stating that such merger, consolidation or liquidation and any
such supplements to this Agreement or any Collateral Document comply with this Agreement; provided, further, that if the foregoing are satisfied, the Successor Holding Company will succeed to, and be substituted for, Holdings under
this Agreement. 
 SECTION 7.05. Dispositions. Make any Disposition or enter into any agreement to make any Disposition, except: 

(a) Dispositions of obsolete or worn out property, whether now owned or hereafter acquired, in the ordinary course of business and
Dispositions of property no longer used or useful in the conduct of the business of the Company and the Restricted Subsidiaries; 

  
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 (b) Dispositions of inventory and immaterial assets in the ordinary course of business; 

(c) Dispositions of property to the extent that (i) such property is exchanged for credit against the purchase price of similar
replacement property or (ii) the proceeds of such Disposition are promptly applied to the purchase price of such replacement property; 

(d) Dispositions of property to the Company or to a Restricted Subsidiary; provided that if the transferor of such property is a
Guarantor or the Borrower (i) the transferee thereof must either be the Borrower or a Guarantor or (ii) to the extent such transaction constitutes an Investment, such transaction is permitted under Section 7.02; 

(e) Dispositions permitted by Sections 7.04 and 7.06 and Liens permitted by Section 7.01; 

(f) Dispositions of property (other than IP Collateral) pursuant to sale-leaseback transactions; provided that (i) with respect to
such property owned by the Company and its Restricted Subsidiaries on the Closing Date, the fair market value of all property so Disposed of after the Fourth Amendment Effective Date (taken together with the aggregate book value of all property
Disposed of pursuant to Section 7.05(k)) shall not exceed $900,000,000 and (ii) with respect to such property acquired by the Company or any Restricted Subsidiary after the Closing Date, the applicable sale-leaseback transaction occurs
within 270 days after the acquisition or construction (as applicable) of such property; 
 (g) Dispositions of Cash Equivalents; 

(h) Dispositions of accounts receivable in connection with the collection or compromise thereof or in connection with the Receivables
Facility; 
 (i) leases, subleases, licenses or sublicenses (including the provision of Software under an open source license), in each case
in the ordinary course of business and which do not materially interfere with the business of Holdings, the Company and the Restricted Subsidiaries; 

(j) transfers of property subject to Casualty Events upon receipt of the Net Cash Proceeds of such Casualty Event; 

(k) Dispositions of property not otherwise permitted under this Section 7.05; provided that (i) at the time of such
Disposition (other than any such Disposition made pursuant to a legally binding commitment entered into at a time when no Default exists), no Default shall exist or would result from such Disposition, (ii) the aggregate book value of all
property Disposed of in reliance on this clause (k) after the Fourth Amendment Effective Date (taken together with the aggregate fair market value of all property Disposed of pursuant to Section 7.05(f)) shall not exceed $900,000,000, and
(iii) with respect to any Disposition pursuant to this clause (k) for a purchase price in excess of $10,000,000, the Company or a Restricted Subsidiary shall receive not less than 

  
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75% of such consideration in the form of cash or Cash Equivalents (in each case, free and clear of all Liens at the time received, other than nonconsensual Liens permitted by Section 7.01
and Liens permitted by Section 7.01(s) and clauses (i) and (ii) of Section 7.01(u)); provided, however, that for the purposes of this clause (iii), (A) any liabilities (as shown on the Company’s or such
Restricted Subsidiary’s most recent balance sheet provided hereunder or in the footnotes thereto) of the Company or such Restricted Subsidiary, other than liabilities that are by their terms subordinated to the payment in cash of the
Obligations, that are assumed by the transferee with respect to the applicable Disposition and for which the Company and all of the Restricted Subsidiaries shall have been validly released by all applicable creditors in writing, (B) any
securities received by the Company or such Restricted Subsidiary from such transferee that are converted by the Company or such Restricted Subsidiary into cash (to the extent of the cash received) within 180 days following the closing of the
applicable Disposition and (C) any Designated Non-Cash Consideration received by the Company or such Restricted Subsidiary in respect of such Disposition having an aggregate fair market value, taken together with all other Designated Non-Cash
Consideration received pursuant to this clause (C) that is at that time outstanding, not in excess of 1.5% of Total Assets (as such term is defined in the New Notes Indenture as of the Closing Date) at the time of the receipt of such Designated
Non-cash Consideration, with the fair market value of each item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value, shall be deemed to be cash; 

(l) Dispositions listed on Schedule 7.05(l); 

(m) Dispositions of Investments in joint ventures to the extent required by, or made pursuant to customary buy/sell arrangements between, the
joint venture parties set forth in joint venture arrangements and similar binding arrangements; 
 (n) Dispositions (i)(x) of the AS
Subsidiaries and other assets comprising the AS Business to AS New LLC and its subsidiaries, (y) of the Equity Interests in AS New LLC to AS Spinco, and (z) of all AS Spinco Securities in exchange for Senior Notes, in each case in
connection with or in contemplation of the AS Separation Transactions and (ii) provided that the AS Separation Conditions are satisfied at the time thereof (or substantially concurrently therewith), the Disposition of 100% of the Equity
Interests of AS Spinco on the AS Separation Date in connection with the AS Separation Transactions and as a result of Restricted Payments made pursuant to Section 7.06(k); 

(o) Dispositions of the AS Subsidiaries and other assets comprising the AS Business at any time prior to the AS Separation; provided
that (i) at the time of such Disposition (other than any such Disposition made pursuant to a legally binding commitment entered into at a time when no Default exists), no Default shall exist or would result from such Disposition, (ii) the
Company shall cause to be prepaid an aggregate amount of Term Loans in an amount equal to 100% of all Net Cash Proceeds received therefrom on or prior to the date which is ten Business Days after the receipt of such Net Cash Proceeds in accordance
with Section 2.05(b)(ii), (iii) the Company shall have reduced (or substantially simultaneously with the first Disposition pursuant to this Section 7.05(o) shall reduce) the Revolving Credit Commitments of the Revolving Credit

  
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Lenders in effect immediately prior to the date of the first Disposition pursuant to this Section 7.05(o) by 25% in the aggregate and on a pro rata basis among such Revolving Credit Lenders
pursuant to, and in accordance with, Section 2.06(a) and, in connection therewith and to the extent required by Section 2.05(b)(v) shall have prepaid Revolving Credit Loans and Swing Line Loans and/or Cash Collateralized L/C Obligations,
and (iv) the Total Secured Leverage Ratio as of the date of any Disposition pursuant to this Section 7.05(o) (calculated on a Pro Forma Basis after giving effect to such Disposition and the use of proceeds in connection therewith) shall
not exceed by more than 0.60 to 1:00 the Total Secured Leverage Ratio as of such date (calculated prior to and without giving Pro Forma Effect thereto or the use of proceeds in connection therewith); and 

(p) after the Fifth Amendment Effective Date, the Disposition of up to 15% of the outstanding Equity Interests, with an aggregate book value
not in excess of $1,000,000, of SunGard Systems South Africa (Proprietary) Limited to an employee trust; 
 provided that any Disposition of any
property pursuant to this Section 7.05 (except pursuant to Sections 7.05(e), 7.05(n) and 7.05(p) and except for Dispositions from a Loan Party to another Loan Party), shall be for no less than the fair market value of such property at the time
of such Disposition. To the extent any Collateral is Disposed of as expressly permitted by this Section 7.05 to any Person other than Holdings, the Company or any Restricted Subsidiary, such Collateral shall be sold free and clear of the Liens
created by the Loan Documents, and the Administrative Agent or the Collateral Agent, as applicable, shall be authorized to take any actions deemed appropriate in order to effect the foregoing. 

SECTION 7.06. Restricted Payments. Declare or make, directly or indirectly, any Restricted Payment, except: 

(a) each Restricted Subsidiary may make Restricted Payments to the Company and to other Restricted Subsidiaries (and, in the case of a
Restricted Payment by a non-wholly owned Restricted Subsidiary, to the Company and any other Restricted Subsidiary and to each other owner of Equity Interests of such Restricted Subsidiary based on their relative ownership interests of the relevant
class of Equity Interests); 
 (b) Holdings, the Company and each Restricted Subsidiary may declare and make dividend payments or other
distributions payable solely in the Equity Interests (other than Disqualified Equity Interests not otherwise permitted by Section 7.03) of such Person; 

(c) so long as no Default shall have occurred and be continuing or would result therefrom, from and after the date the Company delivers an
irrevocable written notice to the Administrative Agent stating that the Company will make Restricted Payments to Holdings that are used by Holdings solely to fund cash interest payments required to be made by Holdings (the “Holdings
Restricted Payments Election”), the Company may make such Restricted Payments to Holdings; 

  
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 (d) Restricted Payments made on the Closing Date to consummate the Transaction; 

(e) to the extent constituting Restricted Payments, Holdings, the Company and the Restricted Subsidiaries may enter into and consummate
transactions expressly permitted by any provision of Section 7.04 or 7.08 other than Section 7.08(f); 
 (f) repurchases of
Equity Interests in Holdings, the Company or any Restricted Subsidiary deemed to occur upon exercise of stock options or warrants if such Equity Interests represent a portion of the exercise price of such options or warrants; 

(g) Holdings (or the Company after a Qualifying IPO of the Company) may pay (or make Restricted Payments to allow any direct or indirect
parent thereof to pay) for the repurchase, retirement or other acquisition or retirement for value of Equity Interests of Holdings (or of any such parent of Holdings or of the Company after a Qualifying IPO of the Company) by any future, present or
former employee or director of Holdings (or any direct or indirect parent of Holdings) or any of its Subsidiaries pursuant to any employee or director equity plan, employee or director stock option plan or any other employee or director benefit plan
or any agreement (including any stock subscription or shareholder agreement) with any employee or director of Holdings or any of its Subsidiaries; 

(h) the Company and its Restricted Subsidiaries may make Restricted Payments to Holdings: 

(i) the proceeds of which will be used to pay (or to make Restricted Payments to allow any direct or indirect parent of
Holdings to pay) the tax liability to each relevant jurisdiction in respect of consolidated, combined, unitary or affiliated returns for the relevant jurisdiction of Holdings (or such parent) attributable to Holdings, the Company or its Subsidiaries
determined as if the Company and its Subsidiaries filed separately; 
 (ii) the proceeds of which shall be used by Holdings
to pay (or to make Restricted Payments to allow any direct or indirect parent of Holdings to pay) its operating expenses incurred in the ordinary course of business and other corporate overhead costs and expenses (including administrative, legal,
accounting and similar expenses provided by third parties), which are reasonable and customary and incurred in the ordinary course of business, in an aggregate amount not to exceed $3,000,000 in any fiscal year plus any reasonable and customary
indemnification claims made by directors or officers of Holdings (or any parent thereof) attributable to the ownership or operations of the Company and its Subsidiaries; 

(iii) the proceeds of which shall be used by Holdings to pay franchise taxes and other fees, taxes and expenses required to
maintain its (or any of its direct or indirect parents’) corporate existence; 

  
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 (iv) the proceeds of which shall be used by Holdings to make Restricted Payments
permitted by Section 7.06(g); 
 (v) to finance any Investment permitted to be made pursuant to Section 7.02;
provided that (A) such Restricted Payment shall be made substantially concurrently with the closing of such Investment and (B) Holdings shall, immediately following the closing thereof, cause (1) all property acquired (whether
assets or Equity Interests) to be contributed to the Company or its Restricted Subsidiaries or (2) the merger (to the extent permitted in Section 7.04) of the Person formed or acquired into the Company or its Restricted Subsidiaries in
order to consummate such Permitted Acquisition, in each case, in accordance with the requirements of Section 6.11; and 

(vi) the proceeds of which shall be used by Holdings to pay (or to make Restricted Payments to allow any direct or indirect
parent thereof to pay) fees and expenses (other than to Affiliates) related to any unsuccessful equity or debt offering permitted by this Agreement; 

(i) in addition to the foregoing Restricted Payments and so long as no Default shall have occurred and be continuing or would result
therefrom, the Company may make additional Restricted Payments to Holdings the proceeds of which may be utilized by Holdings to make additional Restricted Payments, in an aggregate amount, together with the aggregate amount of (1) prepayments,
redemptions, purchases, defeasances and other payments in respect of Junior Financings made pursuant to Section 7.13(a)(iv) and (2) loans and advances to Holdings made pursuant to Section 7.02(m) in lieu of Restricted Payments
permitted by this clause (i), not to exceed the sum of (i) $200,000,000, (ii) the aggregate amount of the Net Cash Proceeds of Permitted Equity Issuances (other than Permitted Equity Issuances made pursuant to Section 8.05) that are
Not Otherwise Applied and (iii) if the Total Leverage Ratio as of the last day of the immediately preceding Test Period (after giving Pro Forma Effect to such additional Restricted Payments) is 5.50:1 or less, the amount of Cumulative Excess
Cash Flow that is Not Otherwise Applied. For the purpose of this Agreement, “Cumulative Excess Cash Flow” means the sum of Excess Cash Flow (but not less than zero in any period) for the fiscal year ending on December 31, 2006
and Excess Cash Flow for each succeeding and completed fiscal year; 
 (j) Holdings or the Company may make Restricted Payments with the
proceeds of the issuance of Indebtedness of Holdings; 
 (k) Holdings or any Subsidiary of Holdings may make Restricted Payments consisting
of distributions of the Equity Interests of AS Spinco on the AS Separation Date necessary to effect the AS Separation; provided that the AS Separation Conditions shall have been satisfied at the time of (or substantially concurrently with)
such distributions; and 
 (l) in addition to the foregoing Restricted Payments, and so long as no Default shall have occurred and be
continuing or would result therefrom, the Company 

  
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may make additional Restricted Payments to Holdings the proceeds of which may be utilized by Holdings to make additional Restricted Payments, with Net Cash Proceeds received from the Borrowing of
the Tranche D Term Loans and available cash in an aggregate amount not in excess of $750,000,000. 
 SECTION 7.07. Change in Nature of
Business. Engage in any material line of business substantially different from those lines of business conducted by the Company and the Restricted Subsidiaries on the Closing Date or any business reasonably related or ancillary thereto. 

SECTION 7.08. Transactions with Affiliates. Enter into any transaction of any kind with any Affiliate of the Company, whether or not in
the ordinary course of business, other than (a) transactions among Loan Parties or any Restricted Subsidiary or any entity that becomes a Restricted Subsidiary as a result of such transaction, (b) on terms substantially as favorable to
Holdings, the Company or such Restricted Subsidiary as would be obtainable by Holdings, the Company or such Restricted Subsidiary at the time in a comparable arm’s-length transaction with a Person other than an Affiliate, (c) the payment
of fees and expenses related to the Transaction, (d) the issuance of Equity Interests to the management of the Company or any of its Subsidiaries in connection with the Transaction, (e) the payment of management and monitoring fees to the
Sponsors in an aggregate amount in any fiscal year not to exceed the amount permitted to be paid pursuant to the Sponsor Management Agreement as in effect on the Closing Date and any Sponsor Termination Fees not to exceed the amount set forth in the
Sponsor Management Agreement as in effect on the Closing Date and related indemnities and reasonable expenses, (f) equity issuances, repurchases, retirements or other acquisitions or retirements of Equity Interests by Holdings permitted under
Section 7.06, (g) loans and other transactions by Holdings, the Company and the Restricted Subsidiaries to the extent permitted under this Article 7, (h) employment and severance arrangements between Holdings, the Company and the
Restricted Subsidiaries and their respective officers and employees in the ordinary course of business, (i) payments by Holdings (and any direct or indirect parent thereof), the Company and the Restricted Subsidiaries pursuant to the tax
sharing agreements among Holdings (and any such parent thereof), the Company and the Restricted Subsidiaries on customary terms to the extent attributable to the ownership or operation of the Company and the Restricted Subsidiaries, (j) the
payment of customary fees and reasonable out of pocket costs to, and indemnities provided on behalf of, directors, officers and employees of Holdings, the Company and the Restricted Subsidiaries in the ordinary course of business to the extent
attributable to the ownership or operation of Holdings, the Company and the Restricted Subsidiaries, (k) transactions pursuant to permitted agreements in existence on the Closing Date and set forth on Schedule 7.08 or any amendment thereto to
the extent such an amendment is not adverse to the Lenders in any material respect, (l) dividends, redemptions and repurchases permitted under Section 7.06, (m) customary payments by Holdings, the Company and any Restricted
Subsidiaries to the Sponsors made for any financial advisory, financing, underwriting or placement services or in respect of other investment banking activities (including in connection with acquisitions or divestitures), which payments are approved
by the majority of the members of the board of directors or a majority of the disinterested members of the board of directors of Holdings or the Company, in good faith and (n) the 

  
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entry into the AS Separation Documents, provided that such agreements are in form and substance customary for agreements entered into in connection with similar spin-off transactions, and
(o) transactions between Holdings and its Subsidiaries, on the one hand, and AS Spinco and its Subsidiaries, on the other hand, pursuant to such AS Separation Documents (or any amendment thereto to the extent such an amendment is not adverse to
the Lenders in any material respect) as in effect on the AS Separation Date. 
 SECTION 7.09. Burdensome Agreements. Enter into or
permit to exist any Contractual Obligation (other than this Agreement or any other Loan Document) that limits the ability of (a) any Restricted Subsidiary of the Company that is not a Guarantor to make Restricted Payments to the Company or any
Guarantor or (b) the Company or any Loan Party to create, incur, assume or suffer to exist Liens on property of such Person for the benefit of the Lenders with respect to the Facilities and the Obligations or under the Loan Documents;
provided that the foregoing clauses (a) and (b) shall not apply to Contractual Obligations which (i) (x) exist on the Fourth Amendment Effective Date and (to the extent not otherwise permitted by this Section 7.09)
are listed on Schedule 7.09 hereto and (y) to the extent Contractual Obligations permitted by clause (x) are set forth in an agreement evidencing Indebtedness, are set forth in any agreement evidencing any permitted renewal, extension or
refinancing of such Indebtedness so long as such renewal, extension or refinancing does not expand the scope of such Contractual Obligation, (ii) are binding on a Restricted Subsidiary at the time such Restricted Subsidiary first becomes a
Restricted Subsidiary of the Company, so long as such Contractual Obligations were not entered into solely in contemplation of such Person becoming a Restricted Subsidiary of the Company; provided further that this clause (ii) shall not
apply to Contractual Obligations that are binding on a Person that becomes a Restricted Subsidiary pursuant to Section 6.15, (iii) represent Indebtedness of a Restricted Subsidiary of the Company which is not a Loan Party which is
permitted by Section 7.03, (iv) arise in connection with any Disposition permitted by Section 7.05, (v) are customary provisions in joint venture agreements and other similar agreements applicable to joint ventures permitted
under Section 7.02 and applicable solely to such joint venture entered into in the ordinary course of business, (vi) are negative pledges and restrictions on Liens in favor of any holder of Indebtedness permitted under Section 7.03
but solely to the extent any negative pledge relates to the property financed by or the subject of such Indebtedness (and excluding in any event any Indebtedness constituting any Junior Financing), (vii) are customary restrictions on leases,
subleases, licenses or asset sale agreements otherwise permitted hereby so long as such restrictions relate to the assets subject thereto, (viii) comprise restrictions imposed by any agreement relating to secured Indebtedness permitted pursuant
to Section 7.03(e) or 7.03(g) to the extent that such restrictions apply only to the property or assets securing such Indebtedness or, in the case of Indebtedness incurred pursuant to Section 7.03(g) only, to the Restricted Subsidiaries
incurring or guaranteeing such Indebtedness, (ix) are customary provisions restricting subletting or assignment of any lease governing a leasehold interest of the Company or any Restricted Subsidiary, (x) are customary provisions
restricting assignment of any agreement entered into in the ordinary course of business and (xi) are restrictions on cash or other deposits imposed by customers under contracts entered into in the ordinary course of business. 

  
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 SECTION 7.10. Use of Proceeds. Use the proceeds of any Credit Extension, whether directly
or indirectly, (a) in the case of any Term Loans made pursuant to the Sixth Amendment on the Sixth Amendment Effective Date, in a manner inconsistent with the uses set forth in the recitals in, or conditions to the effectiveness of, the Sixth
Amendment or (b) in the case of the Revolving Credit Commitments, for working capital and other general corporate purposes of the Company and its Subsidiaries (including acquisitions and other Investments permitted hereunder). 

SECTION 7.11. Financial Covenants. (a) Total Leverage Ratio. If on the last day of any Test Period (beginning, as
applicable, with the Test Period ending on March 31, 2014) the Financial Covenant Applicability Condition is satisfied, permit the Total Leverage Ratio as of the last day of such Test Period to be greater than (i) for any Test Period
ending on or prior to December 31, 2014, 6.35:1:00, (ii) for any Test Period ending after December 31, 2014 and on or prior to December 31, 2015, 6.00:1.00, and (iii) for any Test Period ending after December 31, 2015,
5.75:1.00. 
 (b) [Reserved] 

(c) [Reserved] 
 (d) The
provisions of Section 7.11(a) are solely for the benefit of Revolving Credit Lenders and, notwithstanding the provisions of Section 10.01, Revolving Credit Lenders holding more than 50% of the aggregate amount of the Revolving Credit
Commitments (excluding the Revolving Credit Commitments of Defaulting Lenders) may (i) amend or otherwise modify Section 7.11(a) or, solely for purposes of Section 7.11(a), the defined terms used, directly or indirectly, therein, or
(ii) waive any noncompliance with Section 7.11(a) or any Event of Default resulting from any such noncompliance, in each case without the consent of any other Lenders. 

SECTION 7.12. Accounting Changes. Make any change in fiscal year; provided, however, that the Company may, upon written notice
to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Company and the Administrative Agent will, and are hereby authorized by the Lenders to, make any
adjustments to this Agreement that are necessary to reflect such change in fiscal year. 
 SECTION 7.13. Prepayments, Etc. of
Indebtedness. (a) Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner (it being understood that payments of regularly scheduled interest shall be permitted) the Senior Subordinated
Notes, any subordinated Indebtedness incurred under Section 7.03(h) or any other Indebtedness that is required to be subordinated to the Obligations pursuant to the terms of the Loan Documents (collectively, “Junior Financing”)
or make any payment in violation of any subordination terms of any Junior Financing Documentation, except (i) the refinancing thereof with the Net Cash Proceeds of any Indebtedness (to the extent such Indebtedness constitutes a Permitted
Refinancing and, if applicable, is permitted pursuant to Section 7.03(h)), to the extent not required to prepay any Loans or Facility pursuant to Section 2.05(b), or of any Indebtedness of 

  
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Holdings, (ii) the conversion of any Junior Financing to Equity Interests (other than Disqualified Equity Interests) of Holdings or any of its direct or indirect parents, (iii) the
prepayment of Indebtedness of the Company or any Restricted Subsidiary to the Company or any Restricted Subsidiary to the extent permitted by the Collateral Documents and (iv) prepayments, redemptions, purchases, defeasances and other payments
in respect of Junior Financings prior to their scheduled maturity in an aggregate amount, together with the aggregate amount of (1) Restricted Payments made pursuant to Section 7.06(i) and (2) loans and advances to Holdings made
pursuant to Section 7.02(m), not to exceed the sum of (i) $200,000,000, (ii) the amount of the Net Cash Proceeds of Permitted Equity Issuances (other than Permitted Equity Issuances made pursuant to Section 8.05) made within
eighteen months prior thereto that are Not Otherwise Applied and (iii) if, as of the last day of the immediately preceding Test Period (after giving Pro Forma Effect to such prepayments, redemptions, purchases, defeasances and other payments)
the Total Leverage Ratio is 5.50:1 or less, the amount of Cumulative Excess Cash Flow that is Not Otherwise Applied. 
 (b) Amend, modify or
change in any manner materially adverse to the interests of the Lenders any term or condition of any Junior Financing Documentation without the consent of the Arrangers. 

SECTION 7.14. Equity Interests of the Company and Restricted Subsidiaries. Permit any Domestic Subsidiary that is a Restricted
Subsidiary to be a non-wholly owned Subsidiary, except (i) as a result of or in connection with a dissolution, merger, consolidation or Disposition of a Restricted Subsidiary permitted by Section 7.04, 7.05 or an Investment in any Person
permitted under Section 7.02 or (ii) so long as such Restricted Subsidiary continues to be a Guarantor; 
 SECTION 7.15.
Holding Company. In the case of Holdings, conduct, transact or otherwise engage in any business or operations other than those incidental to (i) its ownership of the Equity Interests of the Company, (ii) the maintenance of its legal
existence, (iii) the performance of the Loan Documents, the Merger Agreement and the other agreements contemplated by the Merger Agreement, (iv) any public offering of its common stock or any other issuance of its Equity Interests not
prohibited by Article 7 and (v) any transaction that Holdings is permitted to enter into or consummate under this Article 7. 

ARTICLE VIII 
 Events
Of Default and Remedies 
 SECTION 8.01. Events of Default. Any of the following shall constitute an Event of Default: 

(a) Non-Payment. The Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, any amount of
principal of any Loan or (ii) within five Business Days after the same becomes due, any interest on any Loan or any other amount payable hereunder or with respect to any other Loan Document or (iii) when and as required to be paid herein,
any amount required to be prepaid and/or Cash Collateralized pursuant to the second sentence of Section 2.05(b)(v); or 

  
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 (b) Specific Covenants. The Company fails to perform or observe any term, covenant or
agreement contained in any of Sections 6.03(a), 6.05(a) (solely with respect to Holdings and the Company) or Article 7; provided that (i) any Event of Default under Section 7.11(a) is subject to cure as contemplated by
Section 8.05 and (ii) the Company’s failure to comply with Section 7.11(a) shall not constitute an Event of Default with respect to any Term Loans unless and until the Revolving Credit Lenders or the Administrative Agent shall
have terminated the Revolving Credit Commitments or exercised remedies with respect to outstanding Revolving Credit Loans and Letters of Credit pursuant to Section 8.02; or 

(c) Other Defaults. Any Loan Party fails to perform or observe any other covenant or agreement (not specified in Section 8.01(a)
or (b) above) contained in any Loan Document on its part to be performed or observed and such failure continues for 30 days after notice thereof by the Administrative Agent to the Company; or 

(d) Representations and Warranties. Any representation, warranty, certification or statement of fact made or deemed made by or on
behalf of the Company or any other Loan Party herein, in any other Loan Document, or in any document required to be delivered in connection herewith or therewith shall be incorrect or misleading in any material respect when made or deemed made; or

 (e) Cross-Default. Any Loan Party or any Restricted Subsidiary (A) fails to make any payment beyond the applicable grace
period with respect thereto, if any (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Indebtedness (other than Indebtedness hereunder) having an aggregate principal amount of not less than the
Threshold Amount or (B) fails to observe or perform any other agreement or condition relating to any such Indebtedness, or any other event occurs (other than, with respect to Indebtedness consisting of Swap Agreements, termination events or
equivalent events pursuant to the terms of such Swap Agreements), the effect of which default or other event is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders or
beneficiary or beneficiaries) to cause, with the giving of notice if required, such Indebtedness to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem
such Indebtedness to be made, prior to its stated maturity; provided that this clause (e)(B) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such
Indebtedness, if such sale or transfer is permitted hereunder and under the documents providing for such Indebtedness; or 
 (f)
Insolvency Proceedings, Etc. Any Loan Party or any of the Restricted Subsidiaries institutes or consents to the institution of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit of creditors; or applies for or
consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator, administrator, administrative receiver or similar officer for it or for all or 

  
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any material part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator, administrator, administrative receiver or similar officer is appointed without the
application or consent of such Person and the appointment continues undischarged or unstayed for 60 calendar days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted
without the consent of such Person and continues undismissed or unstayed for 60 calendar days, or an order for relief is entered in any such proceeding; or 

(g) Inability to Pay Debts; Attachment. (i) Any Loan Party or any Restricted Subsidiary becomes unable or admits in writing
its inability or fails generally to pay its debts in excess of the Threshold Amount as they become due or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the
property of the Loan Parties, taken as a whole, and is not released, vacated or fully bonded within 60 days after its issue or levy; or 

(h) Judgments. There is entered against any Loan Party or any Restricted Subsidiary a final judgment or order for the payment of money
in an aggregate amount exceeding the Threshold Amount (to the extent not covered by independent third-party insurance as to which the insurer has been notified of such judgment or order and has not denied coverage) and such judgment or order shall
not have been satisfied, vacated, discharged or stayed or bonded pending an appeal for a period of 60 consecutive days; or 
 (i)
ERISA. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or could reasonably be expected to result in liability of any Loan Party under Title IV of ERISA in an aggregate amount which could
reasonably be expected to result in a Material Adverse Effect or (ii) any Loan Party or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal
liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount which could reasonably be expected to result in a Material Adverse Effect; or 

(j) Invalidity of Loan Documents. Any material provision of any Loan Document, at any time after its execution and delivery and for any
reason other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted under Section 7.04 or 7.05) or as a result of acts or omissions by the Administrative Agent or any Lender or the satisfaction in
full of all the Obligations, ceases to be in full force and effect; or any Loan Party contests in writing the validity or enforceability of any provision of any Loan Document; or any Loan Party denies in writing that it has any or further liability
or obligation under any Loan Document (other than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments), or purports in writing to revoke or rescind any Loan Document; or 

(k) Change of Control. There occurs any Change of Control; or 

(l) Collateral Documents. (i) Any Collateral Document after delivery thereof pursuant to Section 4.01 of the Original
Agreement or 6.11 shall for any reason (other than pursuant to the terms thereof including as a result of a transaction permitted 

  
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under Section 7.04 or 7.05) cease to create a valid and perfected lien, with the priority required by the Collateral Documents, (or other security purported to be created on the applicable
Collateral) on and security interest in any material portion of the Collateral purported to be covered thereby, subject to Liens permitted under Section 7.01, except to the extent that any such loss of perfection or priority results from the
failure of the Administrative Agent or the Collateral Agent to maintain possession of certificates actually delivered to it representing securities pledged under the Collateral Documents or to file Uniform Commercial Code continuation statements and
except as to Collateral consisting of real property to the extent that such losses are covered by a lender’s title insurance policy and such insurer has not denied coverage or (ii) any of the Equity Interests of the Company ceasing to be
pledged pursuant to the Security Agreement free of Liens other than Liens created by the Security Agreement or any nonconsensual Liens arising solely by operation of Law; or 

(m) Junior Financing Documentation. (i) Any of the Obligations of the Loan Parties under the Loan Documents for any reason shall
cease to be “Senior Indebtedness” (or any comparable term) or “Senior Secured Financing” (or any comparable term) under, and as defined in any Junior Financing Documentation or (ii) the subordination provisions set forth in
any Junior Financing Documentation shall, in whole or in part, cease to be effective or cease to be legally valid, binding and enforceable against the holders of any Junior Financing, if applicable. 

SECTION 8.02. Remedies Upon Event of Default. If any Event of Default occurs and is continuing, the Administrative Agent may and, at
the request of the Required Lenders, shall take any or all of the following actions: 
 (a) declare the commitment of each Lender to make
Loans and any obligation of the L/C Issuers to make L/C Credit Extensions to be terminated, whereupon such commitments and obligation shall be terminated; 

(b) declare the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or
payable hereunder or under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower; 

(c) require that the Company Cash Collateralize the L/C Obligations (in an amount equal to the then Outstanding Amount thereof); and 

(d) exercise on behalf of itself and the Lenders all rights and remedies available to it and the Lenders under the Loan Documents or
applicable Law; 
 provided that upon the occurrence of an actual or deemed entry of an order for relief with respect to the Company under the
Bankruptcy Code of the United States, the obligation of each Lender to make Loans and any obligation of the L/C Issuers to make L/C Credit Extensions shall automatically terminate, the unpaid principal amount of all outstanding Loans and all
interest and other amounts as aforesaid shall automatically become due and 

  
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payable, and the obligation of the Company to Cash Collateralize the L/C Obligations as aforesaid shall automatically become effective, in each case without further act of the Administrative
Agent or any Lender, and provided, further, that upon the occurrence and during the continuance of any Event of Default attributable to a failure to comply with Section 7.11(a), action may be taken in respect of such Event of Default
under clauses (a), (b), (c) by a majority in interest of the Revolving Credit Lenders (excluding any Defaulting Lenders), and, if such action is so taken, such Event of Default will be deemed to be an Event of Default with respect to all
Lenders hereunder and the remedies set forth above can be exercised in respect of all Loans. 
 SECTION 8.03. Exclusion of Immaterial
Subsidiaries. Solely for the purpose of determining whether a Default has occurred under clause (f) or (g) of Section 8.01, any reference in any such clause to any Restricted Subsidiary or Loan Party shall be deemed not to include
any Restricted Subsidiary affected by any event or circumstances referred to in any such clause that did not, as of the last day of the most recent completed fiscal quarter of the Company, have assets with a value in excess of 5% of the consolidated
total assets of the Company and the Restricted Subsidiaries and did not, as of the four quarter period ending on the last day of such fiscal quarter, have revenues exceeding 5% of the total revenues of the Company and the Restricted Subsidiaries (it
being agreed that all Restricted Subsidiaries affected by any event or circumstance referred to in any such clause shall be considered together, as a single consolidated Restricted Subsidiary, for purposes of determining whether the condition
specified above is satisfied). 
 SECTION 8.04. Application of Funds. After the exercise of remedies provided for in
Section 8.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02), any amounts received on
account of the Obligations shall be applied by the Administrative Agent in the following order: 
 First, to payment
of that portion of the Obligations constituting fees, indemnities, expenses and other amounts (other than principal and interest, but including Attorney Costs payable under Section 10.04 and amounts payable under Article 3) payable to the
Administrative Agent in its capacity as such; 
 Second, to payment of that portion of the Obligations
constituting fees, indemnities and other amounts (other than principal and interest) payable to the Lenders (including Attorney Costs payable under Section 10.05 and amounts payable under Article 3), ratably among them in proportion to the
amounts described in this clause Second payable to them; 
 Third, to payment of that portion of the
Obligations constituting accrued and unpaid interest on the Loans and L/C Borrowings, ratably among the Lenders in proportion to the respective amounts described in this clause Third payable to them; 

  
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 Fourth, to payment of that portion of the Obligations constituting unpaid
principal of the Loans and L/C Borrowings, the termination value under Secured Hedge Obligations and the Cash Management Obligations, ratably among the Lenders in proportion to the respective amounts described in this clause Fourth held by
them; 
 Fifth, to the Administrative Agent for the account of the L/C Issuers, to Cash Collateralize that portion of
L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit; 
 Sixth, to the payment of all other
Obligations of the Loan Parties that are due and payable to the Administrative Agent and the other Secured Parties on such date, ratably based upon the respective aggregate amounts of all such Obligations owing to the Administrative Agent and the
other Secured Parties on such date; and 
 Last, the balance, if any, after all of the Obligations have been
indefeasibly paid in full, to the Company or as otherwise required by Law. 
 Subject to Section 2.03(c), amounts used to Cash Collateralize the
aggregate undrawn amount of Letters of Credit pursuant to clause Fifth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have
either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above and, if no Obligations remain outstanding, to the Company. 

Notwithstanding anything to the contrary in this Agreement, amounts received from any Foreign Subsidiary on account of the Obligations of any
Foreign Subsidiary shall be applied solely to the payment of Obligations of Foreign Subsidiaries. 
 SECTION 8.05. Company’s Right
to Cure. (a) Notwithstanding anything to the contrary contained in Section 8.01, in the event of any Event of Default under any covenant set forth in Section 7.11(a) and until the expiration of the tenth day after the date on
which financial statements are required to be delivered with respect to the applicable fiscal quarter hereunder, Holdings or the Company may engage in a Permitted Equity Issuance to any of the Equity Investors and apply the amount of the Net Cash
Proceeds thereof to increase Consolidated EBITDA with respect to such applicable quarter; provided that such Net Cash Proceeds (i) are actually received by the Company (including through capital contribution of such Net Cash Proceeds by
Holdings to the Company) no later than ten days after the date on which financial statements are required to be delivered with respect to such fiscal quarter hereunder, (ii) are Not Otherwise Applied and (iii) do not exceed the aggregate
amount necessary to cure such Event of Default under Section 7.11(a) for any applicable period. The parties hereby acknowledge that this Section 8.05(a) may not be relied on for purposes of calculating any financial ratios other than as
applicable to Section 7.11 (a) and shall not result in any adjustment to any amounts other than the amount of the Consolidated EBITDA referred to in the immediately preceding sentence. 

(b) In each period of four fiscal quarters, there shall be at least two consecutive fiscal quarters in which no cure set forth in
Section 8.05(a) is made. 

  
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 ARTICLE IX 

Administrative Agent and Other Agents 

SECTION 9.01. Appointment and Authorization of Agents. (a) Each Lender hereby irrevocably appoints, designates and authorizes the
Administrative Agent to take such action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to it by the terms of this Agreement or any
other Loan Document, together with such powers as are reasonably incidental thereto. Notwithstanding any provision to the contrary contained elsewhere herein or in any other Loan Document, the Administrative Agent shall have no duties or
responsibilities, except those expressly set forth herein, nor shall the Administrative Agent have or be deemed to have any fiduciary relationship with any Lender or participant, and no implied covenants, functions, responsibilities, duties,
obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against the Administrative Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” herein and
in the other Loan Documents with reference to any Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead, such term is used merely as a matter of market
custom, and is intended to create or reflect only an administrative relationship between independent contracting parties. 
 (b) Each L/C
Issuer shall act on behalf of the Lenders with respect to any Letters of Credit issued by it and the documents associated therewith, and each such L/C Issuer shall have all of the benefits and immunities (i) provided to the Agents in this
Article 9 with respect to any acts taken or omissions suffered by such L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and the applications and agreements for letters of credit pertaining to such Letters
of Credit as fully as if the term “Agent” as used in this Article 9 and in the definition of “Agent-Related Person” included such L/C Issuer with respect to such acts or omissions and (ii) as additionally provided herein
with respect to such L/C Issuer. 
 (c) The Administrative Agent shall also act as the “collateral agent” under the Loan
Documents, and each of the Lenders (in its capacities as a Lender, Swing Line Lender (if applicable), L/C Issuer (if applicable) and a potential Hedge Bank) hereby irrevocably appoints and authorizes the Administrative Agent to act as the agent of
(and to hold any security interest created by the Collateral Documents for and on behalf of or on trust for) such Lender for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure
any of the Secured Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, the Administrative Agent, as “collateral agent” (and any co-agents, sub-agents and attorneys-in-fact
appointed by the Administrative Agent pursuant to Section 9.02 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral Documents, or for exercising any rights and 

  
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remedies thereunder at the direction of the Administrative Agent), shall be entitled to the benefits of all provisions of this Article 9 (including, Section 9.07, as though such co-agents,
sub-agents and attorneys-in-fact were the “collateral agent” under the Loan Documents) as if set forth in full herein with respect thereto. 

SECTION 9.02. Delegation of Duties. The Administrative Agent may execute any of its duties under this Agreement or any other Loan
Document (including for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral Documents or of exercising any rights and remedies thereunder) by or through agents, employees or
attorneys-in-fact and shall be entitled to advice of counsel and other consultants or experts concerning all matters pertaining to such duties. The Administrative Agent shall not be responsible for the negligence or misconduct of any agent or
sub-agent or attorney-in-fact that it selects in the absence of gross negligence or willful misconduct (as determined in the final judgment of a court of competent jurisdiction). 

SECTION 9.03. Liability of Agents. No Agent-Related Person shall (a) be liable for any action taken or omitted to be taken by any
of them under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby (except for its own gross negligence or willful misconduct, as determined by the final judgment of a court of competent
jurisdiction, in connection with its duties expressly set forth herein) or (b) be responsible in any manner to any Lender or participant for any recital, statement, representation or warranty made by any Loan Party or any officer thereof,
contained herein or in any other Loan Document, or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan
Document, or the validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or the perfection or priority of any Lien or security interest created or purported to be created under the Collateral
Documents, or for any failure of any Loan Party or any other party to any Loan Document to perform its obligations hereunder or thereunder. No Agent-Related Person shall be under any obligation to any Lender or participant to ascertain or to inquire
as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party or any Affiliate thereof. 

SECTION 9.04. Reliance by Agents. Each Agent shall be entitled to rely, and shall be fully protected in relying, upon any writing,
communication, signature, resolution, representation, notice, consent, certificate, affidavit, letter, telegram, facsimile, telex or telephone message, electronic mail message, statement or other document or conversation believed by it to be genuine
and correct and to have been signed, sent or made by the proper Person or Persons, and upon advice and statements of legal counsel (including counsel to any Loan Party), independent accountants and other experts selected by such Agent. Each Agent
shall be fully justified in failing or refusing to take any action under any Loan Document unless it shall first receive such advice or concurrence of the Required Lenders as it deems appropriate and, if it so requests, it shall first be indemnified
to its satisfaction by the Lenders against any and all liability and 

  
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expense which may be incurred by it by reason of taking or continuing to take any such action. Each Agent shall in all cases be fully protected in acting, or in refraining from acting, under this
Agreement or any other Loan Document in accordance with a request or consent of the Required Lenders (or such greater number of Lenders as may be expressly required hereby in any instance) and such request and any action taken or failure to act
pursuant thereto shall be binding upon all the Lenders. 
 SECTION 9.05. Notice of Default. The Administrative Agent shall not be
deemed to have knowledge or notice of the occurrence of any Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Administrative Agent for the account of the Lenders, unless the
Administrative Agent shall have received written notice from a Lender or the Company referring to this Agreement, describing such Default and stating that such notice is a “notice of default.” The Administrative Agent will notify the
Lenders of its receipt of any such notice. The Administrative Agent shall take such action with respect to any Event of Default as may be directed by the Required Lenders in accordance with Article 8; provided that unless and until the
Administrative Agent has received any such direction, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Event of Default as it shall deem advisable or in the best
interest of the Lenders. 
 SECTION 9.06. Credit Decision; Disclosure of Information by Agents. Each Lender acknowledges that no
Agent-Related Person has made any representation or warranty to it, and that no act by any Agent hereafter taken, including any consent to and acceptance of any assignment or review of the affairs of any Loan Party or any Affiliate thereof, shall be
deemed to constitute any representation or warranty by any Agent-Related Person to any Lender as to any matter, including whether Agent-Related Persons have disclosed material information in their possession. Each Lender represents to each Agent
that it has, independently and without reliance upon any Agent-Related Person and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, prospects, operations, property,
financial and other condition and creditworthiness of the Loan Parties and their respective Subsidiaries, and all applicable bank or other regulatory Laws relating to the transactions contemplated hereby, and made its own decision to enter into this
Agreement and to extend credit to the Company and the other Loan Parties hereunder. Each Lender also represents that it will, independently and without reliance upon any Agent-Related Person and based on such documents and information as it shall
deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make such investigations as it deems necessary to inform itself
as to the business, prospects, operations, property, financial and other condition and creditworthiness of the Company and the other Loan Parties. Except for notices, reports and other documents expressly required to be furnished to the Lenders by
any Agent herein, such Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of any of
the Loan Parties or any of their respective Affiliates which may come into the possession of any Agent-Related Person. 

  
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 SECTION 9.07. Indemnification of Agents. Whether or not the transactions contemplated
hereby are consummated, the Lenders shall indemnify upon demand each Agent-Related Person (to the extent not reimbursed by or on behalf of any Loan Party and without limiting the obligation of any Loan Party to do so), pro rata, and hold harmless
each Agent-Related Person from and against any and all Indemnified Liabilities incurred by it; provided that no Lender shall be liable for the payment to any Agent-Related Person of any portion of such Indemnified Liabilities resulting from
such Agent-Related Person’s own gross negligence or willful misconduct, as determined by the final judgment of a court of competent jurisdiction; provided further that no action taken in accordance with the directions of the Required
Lenders (or such other number or percentage of the Lenders as shall be required by the Loan Documents) shall be deemed to constitute gross negligence or willful misconduct for purposes of this Section 9.07. In the case of any investigation,
litigation or proceeding giving rise to any Indemnified Liabilities, this Section 9.07 applies whether any such investigation, litigation or proceeding is brought by any Lender or any other Person. Without limitation of the foregoing, each
Lender shall reimburse the Administrative Agent upon demand for its ratable share of any costs or out-of-pocket expenses (including Attorney Costs) incurred by the Administrative Agent in connection with the preparation, execution, delivery,
administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, any other Loan Document, or any document
contemplated by or referred to herein, to the extent that the Administrative Agent is not reimbursed for such expenses by or on behalf of the Company. The undertaking in this Section 9.07 shall survive termination of the Aggregate Commitments,
the payment of all other Obligations and the resignation of the Administrative Agent. 
 SECTION 9.08. Agents in their Individual
Capacities. JPMorgan Chase Bank and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire Equity Interests in and generally engage in any kind of banking, trust, financial advisory,
underwriting or other business with each of the Loan Parties and their respective Affiliates as though JPMorgan Chase Bank were not the Administrative Agent or an L/C Issuer hereunder and without notice to or consent of the Lenders. The Lenders
acknowledge that, pursuant to such activities, JPMorgan Chase Bank or its Affiliates may receive information regarding any Loan Party or its Affiliates (including information that may be subject to confidentiality obligations in favor of such Loan
Party or such Affiliate) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them. With respect to its Loans, JPMorgan Chase Bank shall have the same rights and powers under this Agreement as any
other Lender and may exercise such rights and powers as though it were not the Administrative Agent or an L/C Issuer, and the terms “Lender” and “Lenders” include JPMorgan Chase Bank in its individual capacity. 

SECTION 9.09. Successor Agents. The Administrative Agent may resign as the Administrative Agent upon 30 days’ notice to the
Lenders and the Company. If the Administrative Agent resigns under this Agreement, the Required Lenders shall appoint from among the Lenders a successor agent for the Lenders, which successor agent shall be consented to by the Company at all times
other than during the existence of 

  
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an Event of Default under Section 8.01(f) or (g) (which consent of the Company shall not be unreasonably withheld or delayed). If no successor agent is appointed prior to the effective
date of the resignation of the Administrative Agent, the Administrative Agent may appoint, after consulting with the Lenders and the Company, a successor agent from among the Lenders. Upon the acceptance of its appointment as successor agent
hereunder, the Person acting as such successor agent shall succeed to all the rights, powers and duties of the retiring Administrative Agent and the term “Administrative Agent,” shall mean such successor administrative agent and/or
supplemental administrative agent, as the case may be, and the retiring Administrative Agent’s appointment, powers and duties as the Administrative Agent shall be terminated. After the retiring Administrative Agent’s resignation hereunder
as the Administrative Agent, the provisions of this Article 9 and Sections 10.04 and 10.05 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent under this Agreement. If no successor
agent has accepted appointment as the Administrative Agent by the date which is 30 days following the retiring Administrative Agent’s notice of resignation, the retiring Administrative Agent’s resignation shall nevertheless thereupon
become effective and the Lenders shall perform all of the duties of the Administrative Agent hereunder until such time, if any, as the Required Lenders appoint a successor agent as provided for above. Upon the acceptance of any appointment as the
Administrative Agent hereunder by a successor and upon the execution and filing or recording of such financing statements, or amendments thereto, and such amendments or supplements to the Mortgages, and such other instruments or notices, as may be
necessary or desirable, or as the Required Lenders may request, in order to (a) continue the perfection of the Liens granted or purported to be granted by the Collateral Documents or (b) otherwise ensure that the Collateral and Guarantee
Requirement is satisfied, the Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, discretion, privileges, and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be
discharged from its duties and obligations under the Loan Documents. After the retiring Administrative Agent’s resignation hereunder as the Administrative Agent, the provisions of this Article 9 shall continue in effect for its benefit in
respect of any actions taken or omitted to be taken by it while it was acting as the Administrative Agent. 
 SECTION 9.10.
Administrative Agent May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the
Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any
demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 
 (a) to file and prove a claim
for the whole amount of the principal and interest owing and unpaid in respect of the Loans, L/C Obligations and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the
claims of the Lenders and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements 

  
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and advances of the Lenders and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders and the Administrative Agent under Sections 2.03(h) and (i),
2.09 and 10.04) allowed in such judicial proceeding; and 
 (b) to collect and receive any monies or other property payable or deliverable
on any such claims and to distribute the same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any
such judicial proceeding is hereby authorized by each Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the Lenders, to pay to the
Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Agents and their respective agents and counsel, and any other amounts due the Administrative Agent under Sections 2.09 and 10.04. 

Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any
Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to authorize the Administrative Agent to vote in respect of the claim of any Lender in any such proceeding. 

SECTION 9.11. Collateral and Guaranty Matters. The Lenders irrevocably agree that: 

(a) any Lien on any property granted to or held by the Administrative Agent or the Collateral Agent under any Loan Document shall be
automatically released (i) upon termination of the Aggregate Commitments and payment in full of all Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not
yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) and the expiration or termination of all Letters of Credit, (ii) at the time the property subject to such Lien is transferred or to be
transferred as part of or in connection with any transfer permitted hereunder or under any other Loan Document to any Person other than Holdings, the Company or any of its Domestic Subsidiaries that are Restricted Subsidiaries, (iii) subject to
Section 10.01, if the release of such Lien is approved, authorized or ratified in writing by the Required Lenders or (iv) if the property subject to such Lien is owned by a Guarantor, upon release of such Guarantor from its obligations
under its Guaranty pursuant to clause (c) below; 
 (b) to release or subordinate any Lien on any property granted to or held by the
Administrative Agent or the Collateral Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 7.01(i); 

(c) any Guarantor shall be automatically released from its obligations under the Guaranty if such Person ceases to be a Restricted Subsidiary
as a result of a transaction or designation permitted hereunder; provided that no such release shall occur if such Guarantor continues to be a guarantor in respect of the Existing Notes, the New Notes or any Junior Financing; and 

  
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 (d) on the AS Separation Date and upon the consummation of the AS Separation Transactions and the
satisfaction of the AS Separation Conditions, (i) any Lien on any property of AS Spinco or any of the AS Subsidiaries granted to or held by the Administrative Agent or the Collateral Agent under any Loan Document shall be automatically released
and (ii) AS Spinco and each of the AS Subsidiaries shall be automatically released from its obligations under the Subsidiary Guaranty. 

Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s authority
to release or subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under the Guaranty pursuant to this Section 9.11. In each case as specified in this Section 9.11, the
Administrative Agent will (and each Lender irrevocably authorizes the Administrative Agent to), at the Company’s expense, execute and deliver to the applicable Loan Party such documents as such Loan Party may reasonably request to evidence the
release or subordination of such item of Collateral from the assignment and security interest granted under the Collateral Documents, or to evidence the release of such Guarantor from its obligations under the Guaranty, in each case in accordance
with the terms of the Loan Documents and this Section 9.11. 
 SECTION 9.12. Other Agents; Arrangers and Managers. None of the
Lenders or other Persons identified on the facing page or signature pages of this Agreement as a “co-syndication agent”, “co-documentation agent”, “joint bookrunner” or “arranger” shall have any right, power,
obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such. Without limiting the foregoing, none of the Lenders or other Persons so identified shall have or be deemed to have any fiduciary
relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder. 

SECTION 9.13. Appointment of Supplemental Administrative Agents. (a) It is the purpose of this Agreement and the other Loan
Documents that there shall be no violation of any Law of any jurisdiction denying or restricting the right of banking corporations or associations to transact business as agent or trustee in such jurisdiction. It is recognized that in case of
litigation under this Agreement or any of the other Loan Documents, and in particular in case of the enforcement of any of the Loan Documents, or in case the Administrative Agent deems that by reason of any present or future Law of any jurisdiction
it may not exercise any of the rights, powers or remedies granted herein or in any of the other Loan Documents or take any other action which may be desirable or necessary in connection therewith, the Administrative Agent is hereby authorized to
appoint an additional individual or institution selected by the Administrative Agent in its sole discretion as a separate trustee, co-trustee, administrative agent, collateral agent, administrative sub-agent or administrative co-agent (any such
additional individual or institution being referred to herein individually as a “Supplemental Administrative Agent” and collectively as “Supplemental Administrative Agents”). 

  
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 (a) In the event that the Administrative Agent appoints a Supplemental Administrative Agent with
respect to any Collateral, (i) each and every right, power, privilege or duty expressed or intended by this Agreement or any of the other Loan Documents to be exercised by or vested in or conveyed to the Administrative Agent with respect to
such Collateral shall be exercisable by and vest in such Supplemental Administrative Agent to the extent, and only to the extent, necessary to enable such Supplemental Administrative Agent to exercise such rights, powers and privileges with respect
to such Collateral and to perform such duties with respect to such Collateral, and every covenant and obligation contained in the Loan Documents and necessary to the exercise or performance thereof by such Supplemental Administrative Agent shall run
to and be enforceable by either the Administrative Agent or such Supplemental Administrative Agent, and (ii) the provisions of this Article 9 and of Sections 10.04 and 10.05 that refer to the Administrative Agent shall inure to the benefit of
such Supplemental Administrative Agent and all references therein to the Administrative Agent shall be deemed to be references to the Administrative Agent and/or such Supplemental Administrative Agent, as the context may require. 

(b) Should any instrument in writing from the Company, Holdings or any other Loan Party be required by any Supplemental Administrative Agent
so appointed by the Administrative Agent for more fully and certainly vesting in and confirming to him or it such rights, powers, privileges and duties, the Company or Holdings, as applicable, shall, or shall cause such Loan Party to, execute,
acknowledge and deliver any and all such instruments promptly upon request by the Administrative Agent. In case any Supplemental Administrative Agent, or a successor thereto, shall die, become incapable of acting, resign or be removed, all the
rights, powers, privileges and duties of such Supplemental Administrative Agent, to the extent permitted by Law, shall vest in and be exercised by the Administrative Agent until the appointment of a new Supplemental Administrative Agent. 

ARTICLE X 

Miscellaneous 

SECTION 10.01. Amendments, Etc. Except as otherwise set forth in this Agreement, no amendment or waiver of any provision of this
Agreement or any other Loan Document, and no consent to any departure by the Company or any other Loan Party therefrom, shall be effective unless in writing signed by the Required Lenders and the Company or the applicable Loan Party, as the case may
be, and each such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided that, no such amendment, waiver or consent shall: 

(a) extend or increase the Commitment of any Lender without the written consent of each Lender directly affected thereby (it being understood
that a waiver of any condition precedent set forth in Section 4.02 or the waiver of any Default, mandatory prepayment or mandatory reduction of the Commitments shall not constitute an extension or increase of any Commitment of any Lender); 

  
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 (b) postpone any date scheduled for, or reduce the amount of, any payment of principal or
interest under Section 2.07 or 2.08 without the written consent of each Lender directly affected thereby, it being understood that the waiver of (or amendment to the terms of) any mandatory prepayment of the Term Loans shall not constitute a
postponement of any date scheduled for the payment of principal or interest; 
 (c) reduce the principal of, or the rate of interest
specified herein on, any Loan or L/C Borrowing, or (subject to clause (iii) of the second proviso to this Section 10.01) any fees (including fees set forth in Section 2.05(a)(iv)) or other amounts payable hereunder or under any other
Loan Document without the written consent of each Lender directly affected thereby, it being understood that any change to the definition of Total Leverage Ratio or in the component definitions thereof shall not constitute a reduction in the rate;
provided that, only the consent of the Required Lenders shall be necessary to amend the definition of “Default Rate” or to waive any obligation of the Borrower to pay interest at the Default Rate; 

(d) change any provision of this Section 10.01, the definition of “Required Lenders” or “Pro Rata Share” or
Section 2.06(c), 8.04 or 2.13 without the written consent of each Lender affected thereby; 
 (e) other than in a transaction permitted
under Section 7.05, release all or substantially all of the Collateral in any transaction or series of related transactions, without the written consent of each Lender; or 

(f) other than in connection with a transaction permitted under Section 7.04 or 7.05, release all or substantially all of the aggregate
value of the Guarantees, without the written consent of each Lender; 
 and provided further that (i) no amendment, waiver or consent shall,
unless in writing and signed by each L/C Issuer in addition to the Lenders required above, affect the rights or duties of an L/C Issuer under this Agreement or any Letter of Credit Application relating to any Letter of Credit issued or to be issued
by it; (ii) no amendment, waiver or consent shall, unless in writing and signed by the Swing Line Lender in addition to the Lenders required above, affect the rights or duties of the Swing Line Lender under this Agreement; (iii) no
amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of, or any fees or other amounts payable to, the Administrative Agent under this
Agreement or any other Loan Document; (iv) Section 10.07(h) may not be amended, waived or otherwise modified without the consent of each Granting Lender all or any part of whose Loans are being funded by an SPC at the time of such
amendment, waiver or other modification; and (v) the consent of Lenders holding more than 50% of any Class of Commitments shall be required with respect to any amendment that by its terms adversely affects the rights of such Class in respect of
payments hereunder in a manner different than such amendment affects other Classes. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder,
except that the Commitment of such Lender may not be increased or extended without the consent of such Lender (it being 

  
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understood that any Commitments or Loans held or deemed held by any Defaulting Lender shall be excluded for a vote of the Lenders hereunder requiring any consent of the Lenders). 

Notwithstanding the foregoing, this Agreement may be amended (or amended and restated) with the written consent of the Required Lenders, the
Administrative Agent and the Company (a) to add one or more additional credit facilities to this Agreement and to permit the extensions of credit from time to time outstanding thereunder and the accrued interest and fees in respect thereof to
share ratably in the benefits of this Agreement and the other Loan Documents with the U.S. Term Loans and the Revolving Credit Loans and the accrued interest and fees in respect thereof and (b) to include appropriately the Lenders holding such
credit facilities in any determination of the Required Lenders. 
 In addition, notwithstanding the foregoing, this Agreement may be amended
with the written consent of the Administrative Agent, the Company and the Lenders providing the relevant U.S. Replacement Term Loans (as defined below) to permit the refinancing of all outstanding U.S. Term Loans under any Tranche (“U.S.
Refinanced Term Loans”) with a replacement U.S. term loan tranche denominated in Dollars (“U.S. Replacement Term Loans”) hereunder; provided that (a) the aggregate principal amount of such U.S. Replacement Term
Loans shall not exceed the aggregate principal amount of such U.S. Refinanced Term Loans, (b) the Applicable Rate for such U.S. Replacement Term Loans shall not be higher than the Applicable Rate for such U.S. Refinanced Term Loans,
(c) the Weighted Average Life to Maturity of such U.S. Replacement Term Loans shall not be shorter than the Weighted Average Life to Maturity of such U.S. Refinanced Term Loans at the time of such refinancing (except to the extent of nominal
amortization for periods where amortization has been eliminated as a result of prepayment of the applicable Term Loans) and (d) all other terms applicable to such U.S. Replacement Term Loans shall be substantially identical to, or less
favorable to the Lenders providing such U.S. Replacement Term Loans than, those applicable to such U.S. Refinanced Term Loans, except to the extent necessary to provide for covenants and other terms applicable to any period after the latest final
maturity of the Term Loans in effect immediately prior to such refinancing. 
 Notwithstanding anything to the contrary contained in this
Section 10.01, guarantees, collateral security documents and related documents executed by Foreign Subsidiaries in connection with this Agreement may be in a form reasonably determined by the Administrative Agent and may be, together with this
Agreement, amended and waived with the consent of the Administrative Agent at the request of the Company without the need to obtain the consent of any other Lender if such amendment or waiver is delivered in order (i) to comply with local Law
or advice of local counsel, (ii) to cure ambiguities or defects or (iii) to cause such guarantee, collateral security document or other document to be consistent with this Agreement and the other Loan Documents. 

Notwithstanding anything to the contrary herein, in connection with any amendment, modification, waiver or other action requiring the consent
or approval of Required Lenders, Lenders that are Debt Fund Affiliates shall not be permitted, in the 

  
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aggregate, to account for more than 49% of the amounts actually included in determining whether the threshold in the definition of Required Lenders has been satisfied. The voting power of each
Lender that is a Debt Fund Affiliate shall be reduced, pro rata, to the extent necessary in order to comply with the immediately preceding sentence. For the avoidance of doubt, Holdings, the Borrower and the Subsidiaries shall not be entitled to
consent or vote in its or their capacity as a Lender with respect to any amendment, modification, waiver or other action requiring the consent or approval of any Lenders. 

SECTION 10.02. Notices and Other Communications; Facsimile Copies. (a) General. Unless otherwise expressly provided herein,
all notices and other communications provided for hereunder or under any other Loan Document shall be in writing (including by facsimile transmission). All such written notices shall be mailed, faxed or delivered to the applicable address, facsimile
number or electronic mail address, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

(i) if to the Borrower, the Administrative Agent, an L/C Issuer or the Swing Line Lender, to the address, facsimile number,
electronic mail address or telephone number specified for such Person on Schedule 10.02 or to such other address, facsimile number, electronic mail address or telephone number as shall be designated by such party in a notice to the other parties;
and 
 (ii) if to any other Lender, to the address, facsimile number, electronic mail address or telephone number specified
in its Administrative Questionnaire or to such other address, facsimile number, electronic mail address or telephone number as shall be designated by such party in a notice to the Company, the Administrative Agent, the L/C Issuers and the Swing Line
Lender. 
 All such notices and other communications shall be deemed to be given or made upon the earlier to occur of (i) actual receipt by the
relevant party hereto and (ii) (A) if delivered by hand or by courier, when signed for by or on behalf of the relevant party hereto; (B) if delivered by mail, four Business Days after deposit in the mails, postage prepaid; (C) if
delivered by facsimile, when sent and receipt has been confirmed by telephone; and (D) if delivered by electronic mail (which form of delivery is subject to the provisions of Section 10.02(c)), when delivered; provided that notices
and other communications to the Administrative Agent, the L/C Issuers and the Swing Line Lender pursuant to Article 2 shall not be effective until actually received by such Person. In no event shall a voice mail message be effective as a notice,
communication or confirmation hereunder. 
 (b) Effectiveness of Facsimile Documents and Signatures. Loan Documents may be
transmitted and/or signed by facsimile. The effectiveness of any such documents and signatures shall, subject to applicable Law, have the same force and effect as manually signed originals and shall be binding on all Loan Parties, the Agents and the
Lenders. 
 (c) Reliance by Agents and Lenders. The Administrative Agent and the Lenders shall be entitled to rely and act upon any
notices (including telephonic 

  
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Committed Loan Notices and Swing Line Loan Notices) purportedly given by or on behalf of the Borrower even if (i) such notices were not made in a manner specified herein, were incomplete or
were not preceded or followed by any other form of notice specified herein or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof. The Borrower shall indemnify each Agent-Related Person and each Lender
from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each notice purportedly given by or on behalf of the Borrower in the absence of gross negligence or willful misconduct. All telephonic notices to the
Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such recording. 

SECTION 10.03. No Waiver; Cumulative Remedies. No failure by any Lender or the Administrative Agent to exercise, and no delay by any
such Person in exercising, any right, remedy, power or privilege hereunder or under any other Loan Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any
other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided, and provided under each other Loan Document, are cumulative and not exclusive of any
rights, remedies, powers and privileges provided by Law. 
 SECTION 10.04. Attorney Costs, Expenses and Taxes. The Company agrees
(a) to pay or reimburse the Administrative Agent and the Arrangers for all reasonable out-of-pocket costs and expenses incurred in connection with the preparation, negotiation, syndication and execution of this Agreement and the other Loan
Documents, and any amendment, waiver, consent or other modification of the provisions hereof and thereof (whether or not the transactions contemplated thereby are consummated), and the consummation and administration of the transactions contemplated
hereby and thereby, including all Attorney Costs of Cravath, Swaine & Moore LLP, and (b) to pay or reimburse the Administrative Agent, the Arrangers and each Lender for all out-of-pocket costs and expenses incurred in connection with
the enforcement of any rights or remedies under this Agreement or the other Loan Documents (including all such costs and expenses incurred during any legal proceeding, including any proceeding under any Debtor Relief Law, and including all Attorney
Costs of counsel to the Administrative Agent). The foregoing costs and expenses shall include all reasonable search, filing, recording and title insurance charges and fees and taxes related thereto, and other (reasonable, in the case of
Section 10.04(a)) out-of-pocket expenses incurred by any Agent. The agreements in this Section 10.04 shall survive the termination of the Aggregate Commitments and repayment of all other Obligations. All amounts due under this
Section 10.04 shall be paid within ten Business Days of receipt by the Company of an invoice relating thereto setting forth such expenses in reasonable detail. If any Loan Party fails to pay when due any costs, expenses or other amounts payable
by it hereunder or under any Loan Document, such amount may be paid on behalf of such Loan Party by the Administrative Agent in its sole discretion. 

SECTION 10.05. Indemnification by the Company. Whether or not the transactions contemplated hereby are consummated, the Company shall
indemnify and 

  
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hold harmless each Agent-Related Person, each Lender and their respective Affiliates, directors, officers, employees, counsel, agents, trustees, investment advisors and attorneys-in-fact
(collectively the “Indemnitees”) from and against any and all liabilities, obligations, losses, damages, penalties, claims, demands, actions, judgments, suits, costs, expenses and disbursements (including Attorney Costs) of any kind
or nature whatsoever which may at any time be imposed on, incurred by or asserted against any such Indemnitee in any way relating to or arising out of or in connection with (a) the execution, delivery, enforcement, performance or administration
of any Loan Document or any other agreement, letter or instrument delivered in connection with the transactions contemplated thereby or the consummation of the transactions contemplated thereby, (b) any Commitment, Loan or Letter of Credit or
the use or proposed use of the proceeds therefrom (including any refusal by an L/C Issuer to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such
Letter of Credit), or (c) any actual or alleged presence or release of Hazardous Materials on or from any property currently or formerly owned or operated by the Company, any Subsidiary or any other Loan Party, or any Environmental Liability
related in any way to the Company, any Subsidiary or any other Loan Party, or (d) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory
(including any investigation of, preparation for, or defense of any pending or threatened claim, investigation, litigation or proceeding) and regardless of whether any Indemnitee is a party thereto (all the foregoing, collectively, the
“Indemnified Liabilities”), in all cases, whether or not caused by or arising, in whole or in part, out of the negligence of the Indemnitee; provided that such indemnity shall not, as to any Indemnitee, be available to the extent
that such liabilities, obligations, losses, damages, penalties, claims, demands, actions, judgments, suits, costs, expenses or disbursements resulted from the gross negligence or willful misconduct of such Indemnitee or of any affiliate, director,
officer, employee, counsel, agent or attorney-in-fact of such Indemnitee. No Indemnitee shall be liable for any damages arising from the use by others of any information or other materials obtained through IntraLinks or other similar information
transmission systems in connection with this Agreement, nor shall any Indemnitee or any Loan Party have any liability for any special, punitive, indirect or consequential damages relating to this Agreement or any other Loan Document or arising out
of its activities in connection herewith or therewith (whether before or after the Closing Date). In the case of an investigation, litigation or other proceeding to which the indemnity in this Section 10.05 applies, such indemnity shall be
effective whether or not such investigation, litigation or proceeding is brought by any Loan Party, its directors, stockholders or creditors or an Indemnitee or any other Person, whether or not any Indemnitee is otherwise a party thereto and whether
or not any of the transactions contemplated hereunder or under any of the other Loan Documents is consummated. All amounts due under this Section 10.05 shall be paid within ten Business Days after demand therefor; provided, however, that such
Indemnitee shall promptly refund such amount to the extent that there is a final judicial or arbitral determination that such Indemnitee was not entitled to indemnification or contribution rights with respect to such payment pursuant to the express
terms of this Section 10.05. The agreements in this Section 10.05 shall survive the resignation of the Administrative Agent, the replacement of any Lender, the termination of the Aggregate Commitments and the repayment, satisfaction or
discharge of all the other Obligations. 

  
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 SECTION 10.06. Payments Set Aside. To the extent that any payment by or on behalf of the
Company is made to any Agent or any Lender, or any Agent or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set
aside or required (including pursuant to any settlement entered into by such Agent or such Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief Law or otherwise,
then (a) to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made or such setoff had not occurred and
(b) each Lender severally agrees to pay to the Administrative Agent upon demand its applicable share of any amount so recovered from or repaid by any Agent, plus interest thereon from the date of such demand to the date such payment is made at
a rate per annum equal to the Overnight Rate from time to time in effect. 
 SECTION 10.07. Successors and Assigns. (a) The
provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that neither Holdings nor the Borrower may assign or otherwise transfer any of its
rights or obligations hereunder without the prior written consent of each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an Eligible Assignee, (ii) by way of participation in
accordance with the provisions of Section 10.07(e), (iii) by way of pledge or assignment of a security interest subject to the restrictions of Section 10.07(g) or (iv) to an SPC in accordance with the provisions of
Section 10.07(h) (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their
respective successors and assigns permitted hereby, Participants to the extent provided in Section 10.07(e) and, to the extent expressly contemplated hereby, the Indemnitees) any legal or equitable right, remedy or claim under or by reason of
this Agreement. 
 (b) (i) Subject to the conditions set forth in paragraph (b)(ii) below (and, in the case of an assignment to a
Purchasing Borrower Party or a Purchasing Affiliated Lender, paragraphs (k) and (l), respectively, of this Section), any Lender may assign to one or more assignees (“Assignees”) all or a portion of its rights and obligations
under this Agreement (including all or a portion of its Commitment and the Loans (including for purposes of this Section 10.07(b), participations in L/C Obligations and in Swing Line Loans) at the time owing to it) with the prior written
consent (such consent not to be unreasonably withheld) of: 
 (A) the Company; provided that no consent of the Company
shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default under Section 8.01(a), (f) or (g) has occurred and is continuing, any Assignee; 

  
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 (B) the Administrative Agent; provided that no consent of the
Administrative Agent shall be required for an assignment (i) of all or any portion of a Term Loan to a Lender, an Affiliate of a Lender or an Approved Fund or (ii) to an Agent or an Affiliate of an Agent; 

(C) each Principal L/C Issuer at the time of such assignment; provided that no consent of the Principal L/C Issuers
shall be required for any assignment of a Term Loan or any assignment to an Agent or an Affiliate of an Agent; and 
 (D) the
Swing Line Lender; provided that no consent of the Swing Line Lender shall be required for any assignment of a Term Loan or any assignment to an Agent or an Affiliate of an Agent. 

(ii) Assignments shall be subject to the following additional conditions: 

(A) except in the case of an assignment to a Lender or an Affiliate of a Lender or an assignment of the entire remaining amount
of the assigning Lender’s Commitment or Loans of any Class, the amount of the Commitment or Loans of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment
is delivered to the Administrative Agent) shall not be less than $5,000,000 (in the case of the Revolving Credit Facility) or $1,000,000 (in the case of a Term Loan) unless each of the Company and the Administrative Agent otherwise consents,
provided that (1) no such consent of the Company shall be required if an Event of Default under Section 8.01(a), (f) or (g) has occurred and is continuing and (2) such amounts shall be aggregated in respect of each
Lender and its Affiliates or Approved Funds, if any; 
 (B) the parties to each assignment shall execute and deliver to the
Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and 
 (C) the
Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 
 This paragraph
(b) shall not prohibit any Lender from assigning all or a portion of its rights and obligations among separate Facilities on a non-pro rata basis. 

(c) Subject to acceptance and recording thereof by the Administrative Agent pursuant to Section 10.07(d), from and after the effective
date specified in each Assignment and Assumption, the Eligible Assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under
this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all
of the assigning Lender’s 

  
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rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 3.01, 3.04, 3.05, 10.04 and 10.05 with
respect to facts and circumstances occurring prior to the effective date of such assignment). Upon request, and the surrender by the assigning Lender of its Note, the Borrower (at its expense) shall execute and deliver a Note to the assignee Lender.
Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this clause (c) shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and
obligations in accordance with Section 10.07(e). 
 (d) The Administrative Agent, acting solely for this purpose as an agent of the
Borrower, shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts
(and related interest amounts) of the Loans, L/C Obligations (specifying the Unreimbursed Amounts), L/C Borrowings and amounts due under Section 2.03, owing to, each Lender pursuant to the terms hereof from time to time (the
“Register”). The entries in the Register shall be conclusive, absent manifest error, and the Borrower, the Agents and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a
Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower, any Agent and any Lender, at any reasonable time and from time to time upon reasonable prior
notice. 
 (e) Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell
participations to any Person (other than a natural person) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the
Loans (including such Lender’s participations in L/C Obligations and/or Swing Line Loans) owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain
solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrower, the Agents and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s
rights and obligations under this Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and the other Loan Documents and to
approve any amendment, modification or waiver of any provision of this Agreement or the other Loan Documents; provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to
any amendment, waiver or other modification described in the first proviso to Section 10.01 that directly affects such Participant. Subject to Section 10.07(f), the Borrower agrees that each Participant shall be entitled to the benefits of
Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to Section 10.07(c) but shall not be entitled to recover greater amounts under such Sections than the selling Lender
would be entitled to recover. To the extent permitted by applicable Law, each Participant also shall be entitled to the benefits of Section 10.09 as though it were a Lender; provided that such Participant agrees to be subject to
Section 2.13 as though it were a Lender. 

  
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 (f) A Participant shall not be entitled to receive any greater payment under Section 3.01,
3.04 or 3.05 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent.
A Participant shall not be entitled to the benefits of Section 3.01 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply with Section 10.15 as
though it were a Lender. 
 (g) Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under
this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such Lender
from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 
 (h)
Notwithstanding anything to the contrary contained herein, any Lender (a “Granting Lender”) may grant to a special purpose funding vehicle identified as such in writing from time to time by the Granting Lender to the Administrative
Agent and the Borrower (an “SPC”) the option to provide all or any part of any Loan that such Granting Lender would otherwise be obligated to make pursuant to this Agreement; provided that (i) nothing herein shall
constitute a commitment by any SPC to fund any Loan, and (ii) if an SPC elects not to exercise such option or otherwise fails to make all or any part of such Loan, the Granting Lender shall be obligated to make such Loan pursuant to the terms
hereof. Each party hereto hereby agrees that (i) neither the grant to any SPC nor the exercise by any SPC of such option shall increase the costs or expenses or otherwise increase or change the obligations of the Borrower under this Agreement
(including its obligations under Section 3.01, 3.04 or 3.05), (ii) no SPC shall be liable for any indemnity or similar payment obligation under this Agreement for which a Lender would be liable, and (iii) the Granting Lender shall for
all purposes, including the approval of any amendment, waiver or other modification of any provision of any Loan Document, remain the lender of record hereunder. The making of a Loan by an SPC hereunder shall utilize the Commitment of the Granting
Lender to the same extent, and as if, such Loan were made by such Granting Lender. Notwithstanding anything to the contrary contained herein, any SPC may (i) with notice to, but without prior consent of the Borrower and the Administrative Agent
and with the payment of a processing fee of $3,500, assign all or any portion of its right to receive payment with respect to any Loan to the Granting Lender and (ii) disclose on a confidential basis any non-public information relating to its
funding of Loans to any rating agency, commercial paper dealer or provider of any surety or Guarantee or credit or liquidity enhancement to such SPC. 

(i) Notwithstanding anything to the contrary contained herein, (1) any Lender may in accordance with applicable Law create a security
interest in all or any portion of the Loans owing to it and the Note, if any, held by it and (2) any Lender that is 

  
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a Fund may create a security interest in all or any portion of the Loans owing to it and the Note, if any, held by it to the trustee for holders of obligations owed, or securities issued, by such
Fund as security for such obligations or securities; provided that unless and until such trustee actually becomes a Lender in compliance with the other provisions of this Section 10.07, (i) no such pledge shall release the pledging
Lender from any of its obligations under the Loan Documents and (ii) such trustee shall not be entitled to exercise any of the rights of a Lender under the Loan Documents even though such trustee may have acquired ownership rights with respect
to the pledged interest through foreclosure or otherwise. 
 (j) Notwithstanding anything to the contrary contained herein, any L/C Issuer
or the Swing Line Lender may, upon 30 days’ notice to the Company and the Lenders, resign as an L/C Issuer or the Swing Line Lender, respectively; provided that on or prior to the expiration of such 30-day period with respect to such
resignation, the relevant L/C Issuer or the Swing Line Lender shall have identified a successor L/C Issuer or Swing Line Lender reasonably acceptable to the Company willing to accept its appointment as successor L/C Issuer or Swing Line Lender, as
applicable. In the event of any such resignation of an L/C Issuer or the Swing Line Lender, the Company shall be entitled to appoint from among the Lenders willing to accept such appointment a successor L/C Issuer or Swing Line Lender hereunder;
provided that no failure by the Company to appoint any such successor shall affect the resignation of the relevant L/C Issuer or the Swing Line Lender, as the case may be, except as expressly provided above. If an L/C Issuer resigns as an L/C
Issuer, it shall retain all the rights and obligations of an L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as an L/C Issuer and all L/C Obligations with respect thereto (including
the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)). If the Swing Line Lender resigns as Swing Line Lender, it shall retain all the rights of the Swing Line
Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding
Swing Line Loans pursuant to Section 2.04(c). 
 (k) Notwithstanding anything to the contrary contained in this Agreement, any Lender
may assign all or a portion of its Term Loans to any Purchasing Borrower Party in accordance with this Section 10.07(k) (which assignment will not constitute a prepayment of Loans for any purpose of this Agreement and the other Loan Documents);
provided that: 
 (i) no Default or Event of Default has occurred and is continuing or would result therefrom; 

(ii) each such assignment in connection with an Auction Purchase Offer shall be conducted in accordance with the procedures,
terms and conditions set forth in Section 2.19; 

  
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 (iii) the assigning Lender and the Purchasing Borrower Party purchasing such
Lender’s Term Loans, as applicable, shall execute and deliver to the Administrative Agent an Affiliated Assignment and Assumption in lieu of an Assignment and Assumption; 

(iv) for the avoidance of doubt, the Lenders shall not be permitted to assign Revolving Credit Commitments or Revolving Credit
Loans to any Purchasing Borrower Party; 
 (v) any Term Loans assigned to any Purchasing Borrower Party shall be
automatically and permanently cancelled upon the effectiveness of such assignment and will thereafter no longer be outstanding for any purpose hereunder and such Term Loans may not be resold (it being understood and agreed that (A) any gains or
losses by any Purchasing Borrower Party upon purchase or acquisition and cancellation of such Term Loans shall not be taken into account in the calculation of Excess Cash Flow, Consolidated Net Income and Consolidated EBITDA and (B) any
assignment of Term Loans pursuant to this Section 10.07(k) shall not constitute a voluntary or mandatory prepayment of Term Loans for purposes of this Agreement); 

(vi) no Purchasing Borrower Party may use the proceeds, direct or indirect, from Revolving Credit Loans to purchase any Term
Loans; 
 (vii) no Purchasing Borrower Party shall have any right to (A) attend (including by telephone) any meeting or
discussions (or portion thereof) among the Administrative Agent or any Lender to which representatives of Holdings, the Borrower and the Subsidiaries are not invited, (B) receive any information or material prepared by the Administrative Agent
or any Lender or any communication by or among the Administrative Agent and/or one or more Lenders, except to the extent such information or materials have been made available to Holdings, the Borrower any Subsidiary or their respective
representatives or (C) make or bring (or participate in, other than as a passive participant in or recipient of its pro rata benefits of) any claim, in its capacity as a Lender, against the Administrative Agent with respect to any duties or
obligations or alleged duties or obligations of such agent under the Loan Documents, other than any claims relating to such Lender’s rights hereunder; and 

(viii) no Term Loan may be assigned to a Purchasing Borrower Party pursuant to this Section 10.07(k) if, after giving
effect to such assignment, Purchasing Borrower Parties in the aggregate would own in excess of 30% of all Term Loans then outstanding; provided that, solely for purposes of making such determination, all Term Loans assigned to any
Purchasing Borrower Party at any time pursuant to this Section 10.07(k) (and excluding, for the avoidance of doubt, any Term Loans assigned to any Purchasing Borrower Party as a result of a Auction Purchase Offer) shall be deemed to be
outstanding and held by a Purchasing Borrower Party at the time of such determination. 

  
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 (l) Notwithstanding anything else to the contrary contained in this Agreement, any Lender may
assign all or a portion of its Term Loans to any Purchasing Affiliated Lender in accordance with this paragraph; provided that: 

(i) no Default or Event of Default has occurred and is continuing at the time of such assignment or would result therefrom;

 (ii) the assigning Lender and the Purchasing Affiliated Lender purchasing such Lender’s Term Loans, as applicable,
shall execute and deliver to the Administrative Agent an Affiliated Assignment and Assumption in lieu of an Assignment and Assumption; 

(iii) the requirements of Section 10.07(b) (other than the requirement to deliver an Assignment and Assumption) shall have
been satisfied with respect to each such assignment as if such Purchasing Affiliated Lender were an Eligible Assignee; 

(iv) for the avoidance of doubt, Lenders shall not be permitted to assign Revolving Credit Commitments or Revolving Credit
Loans to any Purchasing Affiliated Lender; 
 (v) no Term Loan may be assigned to a Purchasing Affiliated Lender pursuant to
this Section 10.07(l) if, after giving effect to such assignment, the Purchasing Affiliated Lenders in the aggregate would own in excess of 25% of the principal amount of all Term Loans then outstanding; 

(vi) no Purchasing Affiliated Lender (other than a Debt Fund Affiliate that has and maintains information barriers in place
restricting the sharing of investment-related and other information between it and any Sponsor) shall have any right to (A) attend (including by telephone) any meeting or discussions (or portion thereof) among the Administrative Agent or any
Lender to which representatives of Holdings, the Borrower and its Subsidiaries are not invited, (B) receive any information or material prepared by the Administrative Agent or any Lender or any communication by or among the Administrative Agent
and/or one or more Lenders, except to the extent such information or materials have been made available to Holdings, the Borrower any Subsidiary or their respective representatives (and in any case, other than the right to receive notices of
prepayments and other administrative notices in respect of its Loans required to be delivered to Lenders pursuant to Article II) or (C) make or bring (or participate in, other than as a passive participant in or recipient of its pro rata
benefits of) any claim, in its capacity as a Lender, against the Administrative Agent with respect to any duties or obligations or alleged duties or obligations of such agent under the Loan Documents, other than any claims relating to such
Lender’s rights hereunder; 
 (vii) notwithstanding anything in Section 10.07 or the definition of the term
“Required Lenders” to the contrary, for purposes of determining whether the 

  
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Required Lenders or any other requisite class vote required by this Agreement (but not for any matter requiring the vote of all or any affected Lenders or any amendment, modification or waiver
that proposes to treat any Purchasing Affiliated Lender more adversely than any other affected Lenders) have (A) consented (or not consented) to any amendment, modification, waiver, consent or other action with respect to any of the terms of
any Loan Document or any departure by any Loan Party therefrom, (B) otherwise acted on any matter related to any Loan Document or (C) directed or required the Administrative Agent or any Lender to undertake any action (or refrain from
taking any action) with respect to or under any Loan Document, all Term Loans held by any Purchasing Affiliated Lender (other than a Debt Fund Affiliate) shall be deemed to be not outstanding for all purposes of calculating whether the Required
Lenders, or the requisite vote of any class of Lender have taken any actions; and 
 (viii) each Purchasing Affiliated Lender (other than any
Debt Fund Affiliate), solely in its capacity as a Lender, hereby agrees that if any Loan Party shall be subject to any voluntary or involuntary proceeding commenced under any Debtor Relief Laws (“Bankruptcy Proceedings”),
(A) such Purchasing Affiliated Lender shall not take any step or action in such Bankruptcy Proceeding to object to, impede or delay the exercise of any right or the taking of any action by the Administrative Agent (or the taking of any action
by a third party that is supported by the Administrative Agent) in relation to such Purchasing Affiliated Lender’s claim with respect to its Term Loans (a “Claim”) (including objecting to any debtor in possession financing, use
of cash collateral, grant of adequate protection, sale or disposition, compromise, or plan of reorganization) so long as such Purchasing Affiliated Lender is treated in connection with such exercise or action on the same terms as the other Lenders
and (B) with respect to any matter requiring the vote of Lenders during the pendency of a Bankruptcy Proceeding (including voting on any plan of reorganization), the Term Loans held by such Purchasing Affiliated Lender (and any Claim with
respect thereto) shall be deemed to have voted its interest as a Lender without discretion in the same proportion as the allocation of voting with respect to such matter by Lenders who are not Purchasing Affiliated Lenders, so long as such
Purchasing Affiliated Lender is treated in connection with the exercise of such right or taking of such action on the same terms as the other Lenders. For the avoidance of doubt, the Lenders and each Purchasing Affiliated Lender agree and
acknowledge that the provisions set forth in this clause (ix) of Section 10.07(l), and the related provisions set forth in each Affiliated Lender Assignment, constitute a “subordination agreement” as such term is contemplated by,
and utilized in, Section 510(a) of the Bankruptcy Code, and, as such, would be enforceable for all purposes in any case where a Loan Party has filed for protection under any Debtor Relief Law applicable to the Loan Party (it being understood
and agreed that the foregoing shall not cause the Term Loans held by any Purchasing Affiliated Lender to be subordinated in right of payment to any other Obligations). 

SECTION 10.08. Confidentiality. Each of the Agents and the Lenders agrees to maintain the confidentiality of the Information, except
that Information may be 

  
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disclosed (a) to its Affiliates and its and its Affiliates’ directors, officers, employees, trustees, investment advisors and agents, including accountants, legal counsel and other
advisors (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential); (b) to the extent requested by any
Governmental Authority; (c) to the extent required by applicable Laws or regulations or by any subpoena or similar legal process; (d) to any other party to this Agreement; (e) subject to an agreement containing provisions
substantially the same as those of this Section 10.08 (or as may otherwise be reasonably acceptable to the Company), to any pledgee referred to in Section 10.07(g), counterparty to a Swap Contract, Eligible Assignee of or Participant in,
or any prospective Eligible Assignee of or Participant in, any of its rights or obligations under this Agreement; (f) with the written consent of the Company; (g) to the extent such Information becomes publicly available other than as a
result of a breach of this Section 10.08; (h) to any Governmental Authority or examiner (including the National Association of Insurance Commissioners or any other similar organization) regulating any Lender; or (i) to any rating
agency when required by it (it being understood that, prior to any such disclosure, such rating agency shall undertake to preserve the confidentiality of any Information relating to the Loan Parties received by it from such Lender). In addition, the
Agents and the Lenders may disclose the existence of this Agreement and information about this Agreement to market data collectors, similar service providers to the lending industry, and service providers to the Agents and the Lenders in connection
with the administration and management of this Agreement, the other Loan Documents, the Commitments, and the Credit Extensions. For the purposes of this Section 10.08, “Information” means all information received from any Loan
Party relating to any Loan Party or its business, other than any such information that is publicly available to any Agent or any Lender prior to disclosure by any Loan Party other than as a result of a breach of this Section 10.08; provided
that, in the case of information received from a Loan Party after the Sixth Amendment Effective Date, such information is clearly identified at the time of delivery as confidential or (ii) is delivered pursuant to Section 6.01, 6.02 or
6.03 hereof. 
 SECTION 10.09. Setoff. In addition to any rights and remedies of the Lenders provided by Law, upon the occurrence and
during the continuance of any Event of Default, each Lender and its Affiliates is authorized at any time and from time to time, without prior notice to the Company or any other Loan Party, any such notice being waived by the Company (on its own
behalf and on behalf of each Loan Party and its Subsidiaries) to the fullest extent permitted by applicable Law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held by, and other
Indebtedness at any time owing by, such Lender and its Affiliates to or for the credit or the account of the respective Loan Parties and their Subsidiaries against any and all Obligations owing to such Lender and its Affiliates hereunder or under
any other Loan Document, now or hereafter existing, irrespective of whether or not such Agent or such Lender or Affiliate shall have made demand under this Agreement or any other Loan Document and although such Obligations may be contingent or
unmatured or denominated in a currency different from that of the applicable deposit or Indebtedness; provided that, in the case of any such deposits or other Indebtedness for the credit or the account of any Foreign Subsidiary, such set off
may only be against any Obligations of 

  
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Foreign Subsidiaries. Each Lender agrees promptly to notify the Company and the Administrative Agent after any such set off and application made by such Lender; provided, that the failure
to give such notice shall not affect the validity of such setoff and application. The rights of the Administrative Agent and each Lender under this Section 10.09 are in addition to other rights and remedies (including other rights of setoff)
that the Administrative Agent and such Lender may have. Notwithstanding anything herein or in any other Loan Document to the contrary, in no event shall the assets of any Foreign Subsidiary that is not a Loan Party constitute collateral security for
payment of the Obligations of the Company or any Domestic Subsidiary, it being understood that (a) the Equity Interests of any Foreign Subsidiary that is not a Loan Party do not constitute such an asset and (b) the provisions hereof shall
not limit, reduce or otherwise diminish in any respect the Borrower’s obligation to make any mandatory prepayment pursuant to Section 2.05(b)(ii). 

SECTION 10.10. Interest Rate Limitation. Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or
agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If any Agent or any Lender shall receive interest in an amount that exceeds the
Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by an Agent or a Lender
exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects
thereof and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder. 

SECTION 10.11. Counterparts. This Agreement and each other Loan Document 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 telecopier of an executed counterpart of a signature page to this Agreement and each other Loan Document shall be effective as delivery
of an original executed counterpart of this Agreement and such other Loan Document. The Agents may also require that any such documents and signatures delivered by telecopier be confirmed by a manually signed original thereof; provided that the
failure to request or deliver the same shall not limit the effectiveness of any document or signature delivered by telecopier. 
 SECTION
10.12. Integration. This Agreement, together with the other Loan Documents, comprises the complete and integrated agreement of the parties on the subject matter hereof and thereof and supersedes all prior agreements, written or oral, on such
subject matter. In the event of any conflict between the provisions of this Agreement and those of any other Loan Document, the provisions of this Agreement shall control; provided that the inclusion of supplemental rights or remedies in
favor of the Agents or the Lenders in any other Loan Document shall not be deemed a conflict with this Agreement. Each Loan Document was drafted with the joint participation of the respective parties thereto and shall be construed neither against
nor in favor of any party, but rather in accordance with the fair meaning thereof. 

  
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 SECTION 10.13. Survival of Representations and Warranties. All representations and
warranties made hereunder and in any other Loan Document or other document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties
have been or will be relied upon by each Agent and each Lender, regardless of any investigation made by any Agent or any Lender or on their behalf and notwithstanding that any Agent or any Lender may have had notice or knowledge of any Default at
the time of any Credit Extension, and shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. 

SECTION 10.14. Severability. If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or
unenforceable, the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby. The invalidity of a provision in a particular jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. 
 SECTION 10.15. Tax Forms. (a) (i) Each
Lender and Agent that is not a “United States person” within the meaning of Section 7701(a)(30) of the Code (each, a “Foreign Lender”) shall deliver to the Company and the Administrative Agent, on or prior to the date
which is ten Business Days after the Sixth Amendment Effective Date (or upon accepting an assignment of an interest herein), two duly signed, properly completed copies of either IRS Form W-8BEN or any successor thereto (relating to such Foreign
Lender and entitling it to an exemption from, or reduction of, United States withholding tax on all payments to be made to such Foreign Lender by the Company or any other Loan Party pursuant to this Agreement or any other Loan Document) or IRS Form
W-8ECI or any successor thereto (relating to all payments to be made to such Foreign Lender by the Company or any other Loan Party pursuant to this Agreement or any other Loan Document) or such other evidence reasonably satisfactory to the Company
and the Administrative Agent that such Foreign Lender is entitled to an exemption from, or reduction of, United States withholding tax, including any exemption pursuant to Section 871(h) or 881(c) of the Code, and in the case of a Foreign
Lender claiming such an exemption under Section 881(c) of the Code, a certificate that establishes in writing to the Company and the Administrative Agent that such Foreign Lender is not (i) a “bank” as defined in
Section 881(c)(3)(A) of the Code, (ii) a 10-percent stockholder within the meaning of Section 871(h)(3)(B) of the Code, or (iii) a controlled foreign corporation related to the Company with the meaning of Section 864(d) of
the Code. Thereafter and from time to time, each such Foreign Lender shall (A) promptly submit to the Company and the Administrative Agent such additional duly completed and signed copies of one or more of such forms or certificates (or such
successor forms or certificates as shall be adopted from time to time by the relevant United States taxing authorities) as may then be available under then current United States Laws and regulations to avoid, or such evidence as is reasonably
satisfactory to the Company and the Administrative Agent of any available exemption from, or reduction of, United States withholding taxes in respect of all payments to be made to such Foreign Lender by the Company or other Loan Party pursuant to
this Agreement, or any other 

  
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Loan Document, in each case, (1) on or before the date that any such form, certificate or other evidence expires or becomes obsolete, (2) after the occurrence of any event requiring a
change in the most recent form, certificate or evidence previously delivered by it to the Company and the Administrative Agent and (3) from time to time thereafter if reasonably requested by the Company or the Administrative Agent, and
(B) promptly notify the Company and the Administrative Agent of any change in circumstances which would modify or render invalid any claimed exemption or reduction. 

(ii) Each Foreign Lender, to the extent it does not act or ceases to act for its own account with respect to any portion of any
sums paid or payable to such Foreign Lender under any of the Loan Documents (for example, in the case of a typical participation by such Foreign Lender), shall deliver to the Company and the Administrative Agent on the date when such Foreign Lender
ceases to act for its own account with respect to any portion of any such sums paid or payable, and at such other times as may be necessary in the determination of the Company or the Administrative Agent (in either case, in the reasonable exercise
of its discretion), (A) two duly signed completed copies of the forms or statements required to be provided by such Foreign Lender as set forth above, to establish the portion of any such sums paid or payable with respect to which such Foreign
Lender acts for its own account that is not subject to United States withholding tax, and (B) two duly signed completed copies of IRS Form W-8IMY (or any successor thereto), together with any information such Foreign Lender chooses to transmit
with such form, and any other certificate or statement of exemption required under the Code, to establish that such Foreign Lender is not acting for its own account with respect to a portion of any such sums payable to such Foreign Lender. 

(iii) The Company shall not be required to pay any additional amount or any indemnity payment under Section 3.01 to
(A) any Foreign Lender if such Foreign Lender shall have failed to satisfy the foregoing provisions of this Section 10.15(a), or (B) any U.S. Lender if such U.S. Lender shall have failed to satisfy the provisions of
Section 10.15(b); provided that (i) if such Lender shall have satisfied the requirement of this or Section 10.15(b), as applicable, on the date such Lender became a Lender or ceased to act for its own account with respect to
any payment under any of the Loan Documents, nothing in this Section 10.15(a) or Section 10.15(b) shall relieve the Borrower of its obligation to pay any amounts pursuant to Section 3.01 in the event that, as a result of any change in
any applicable Law, treaty or governmental rule, regulation or order, or any change in the interpretation, administration or application thereof, such Lender is no longer properly entitled to deliver forms, certificates or other evidence at a
subsequent date establishing the fact that such Lender or other Person for the account of which such Lender receives any sums payable under any of the Loan Documents is not subject to withholding or is subject to withholding at a reduced rate and
(ii) nothing in this Section 10.15(a) shall relieve the Borrower of its obligation to pay any amounts pursuant to Section 3.01 in the event that the requirements of 10.15(a)(ii) have not been satisfied if the Borrower is entitled,
under applicable Law, to rely on any applicable forms and statements 

  
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required to be provided under this Section 10.15 by the Foreign Lender that does not act or has ceased to act for its own account under any of the Loan Documents, including in the case of a
typical participation. 
 (iv) The Administrative Agent may deduct and withhold any taxes required by any Laws to be deducted
and withheld from any payment under any of the Loan Documents. 
 (b) Each Lender and Agent that is a “United States person”
within the meaning of Section 7701(a)(30) of the Code (each, a “U.S. Lender”) shall deliver to the Administrative Agent and the Company two duly signed, properly completed copies of IRS Form W-9 on or prior to the Closing Date
(or on or prior to the date it becomes a party to this Agreement), certifying that such U.S. Lender is entitled to an exemption from United States backup withholding tax, or any successor form. If such U.S. Lender fails to deliver such forms, then
the Administrative Agent may withhold from any payment to such U.S. Lender an amount equivalent to the applicable backup withholding tax imposed by the Code. 

SECTION 10.16. GOVERNING LAW. (a) THIS AGREEMENT AND EACH OTHER LOAN DOCUMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
WITH, THE LAW OF THE STATE OF NEW YORK. 
 (b) ANY LEGAL ACTION OR PROCEEDING ARISING UNDER ANY LOAN DOCUMENT OR IN ANY WAY CONNECTED WITH
OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO ANY LOAN DOCUMENT, OR THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, MAY BE BROUGHT IN THE COURTS OF THE STATE
OF NEW YORK SITTING IN NEW YORK CITY OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF SUCH STATE, AND BY EXECUTION AND DELIVERY OF THIS AGREEMENT, THE BORROWER, HOLDINGS, EACH AGENT AND EACH LENDER CONSENTS, FOR ITSELF AND IN RESPECT OF ITS
PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION OF THOSE COURTS. THE BORROWER, HOLDINGS, EACH AGENT AND EACH LENDER IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING 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 ACTION OR PROCEEDING IN SUCH JURISDICTION IN RESPECT OF ANY LOAN DOCUMENT OR OTHER DOCUMENT RELATED THERETO. 

SECTION 10.17. WAIVER OF RIGHT TO TRIAL BY JURY. EACH PARTY TO THIS AGREEMENT HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY
CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING UNDER ANY LOAN DOCUMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO ANY LOAN DOCUMENT, OR

  
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THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED IN CONTRACT OR TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND CONSENTS THAT ANY
SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 10.17 WITH ANY COURT AS WRITTEN EVIDENCE OF THE
CONSENT OF THE SIGNATORIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 
 SECTION 10.18. Binding Effect. This Agreement
shall become effective when it shall have been executed by the Borrower and Holdings and the Administrative Agent shall have been notified by each Lender, Swing Line Lender and L/C Issuer that each such Lender, Swing Line Lender and L/C Issuer has
executed it and thereafter shall be binding upon and inure to the benefit of the Borrower, each Agent and each Lender and their respective successors and assigns, except that the Borrower shall not have the right to assign its rights hereunder or
any interest herein without the prior written consent of the Lenders except as permitted by Section 7.04. 
 SECTION 10.19. Judgment
Currency. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance
with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on the Business Day preceding that on which final judgment is given. The obligation of the Borrower in respect of any such sum due
from it to the Administrative Agent or the Lenders hereunder or under the other Loan Documents shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in
accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to the extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in the
Judgment Currency, the Administrative Agent may in accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the
Administrative Agent from the Borrower in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or the Person to whom such obligation was owing against such
loss. If the amount of the Agreement Currency so purchased is greater than the sum originally due to the Administrative Agent in such currency, the Administrative Agent agrees to return the amount of any excess to the Borrower (or to any other
Person who may be entitled thereto under applicable Law). 
 SECTION 10.20. Lender Action. Each Lender agrees that it shall not take
or institute any actions or proceedings, judicial or otherwise, for any right or remedy against any Loan Party or any other obligor under any of the Loan Documents or the Secured Hedge Agreements (including the exercise of any right of setoff,
rights on account of any banker’s lien or similar claim or other rights of self-help), or institute any actions or proceedings, or otherwise commence any remedial procedures, with respect to 

  
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any Collateral or any other property of any such Loan Party, without the prior written consent of the Administrative Agent. The provision of this Section 10.20 are for the sole benefit of
the Lenders and shall not afford any right to, or constitute a defense available to, any Loan Party. 
 SECTION 10.21. USA PATRIOT
Act. Each Lender hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is required to obtain, verify and
record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender to identify the Borrower in accordance with the Act. 

SECTION 10.22. Agent for Service of Process. The Company agrees that promptly following request by the Administrative Agent it shall
cause each Foreign Subsidiary which is a Loan Party or for whose account a Letter of Credit is issued to appoint and maintain an agent reasonably satisfactory to the Administrative Agent to receive service of process in New York City on behalf of
such Foreign Subsidiary. 
 [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.] 

  
 177EX-10.120

 Exhibit 10.120 
 Execution Version 
 PURCHASE AND SALE AGREEMENT

 THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered as of
January 31, 2014 (the “Effective Date”) by and between 222 S. Main Investments LLC, a Delaware limited liability company (“Seller”), and KBSIII 222 Main, LLC, a Delaware limited liability company
(“Purchaser”). 
 For and in consideration of the mutual covenants and agreements contained in
this Agreement and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Purchaser and Seller agree as follows: 

1.              Purchase and Sale.
Seller agrees to sell and convey to Purchaser, and Purchaser agrees to buy from Seller, the Property (hereinafter defined) for the consideration and upon and subject to the terms, provisions and conditions hereinafter set forth. The
“Property” means: 
 (a)         The land
commonly known as 222 S. Main Street, Salt Lake City, Utah, more particularly described in Exhibit A to this Agreement (the “Land”), together with all of Seller’s right, title and interest in (i) all
structures, fixtures, buildings and improvements situated on the Land (collectively, the “Improvements”), and (ii) any and all rights, titles, powers, privileges, easements, licenses, rights-of-way and interests
(A) appurtenant to the Land and the Improvements, (B) if any, of Seller, either at law or in equity, in possession or in expectancy, in and to any real estate lying in the streets, highways, roads, alleys, rights-of-way or sidewalks, open
or proposed; in front of, above, over, under, through or adjoining the Land and in and to any strips or gores of real estate adjoining the Land, including that certain Lease Agreement to Occupy Public Property with Salt Lake City Corporation dated
March 12, 2012 (the “Vault Lease”) , and (C) appurtenant or incident to any of the foregoing, including, without limitation, to the extent owned by Seller, all mineral, oil, gas and other hydrocarbon substances on and
under and that may be produced from the Land, as well as all development rights, land use entitlements, air rights, water, water rights, riparian rights, and water stock relating to the Land (the Land, the Improvements and the other rights and
interests are herein collectively referred to as the “Real Property”); 

(b)         All equipment, fixtures, furniture, appliances,
inventory, and other personal property of whatever kind or character owned and used by Seller and attached to or installed or located on or in the Real Property (the “Personal Property”), including, without limitation, those items
listed on Schedule 1 attached hereto; 

(c)         All of Seller’s right, title and interest in and to
all tenant leases listed on Exhibit G (“Tenant Leases”) and all security deposits actually paid in connection with the Tenant Leases (and not as of the Closing Date returned to or forfeited by tenants under Tenant Leases) and
any new tenant leases entered into after the Effective Date, the license agreements described on Exhibit G (the “Licenses”), the lease of the garage spaces in the Real Property as described on Exhibit G (the
“Garage Lease”), that certain Reimbursement Agreement (the “TIF Agreement”) dated March 31, 2010, between Seller and the Redevelopment Agency of Salt Lake City (the “RDA”), service and
maintenance contracts, warranties, guaranties and bonds listed on Exhibit H (collectively, the “Contracts”), but only to the extent that the Contracts are assignable by Seller without any necessary third party consent, or to
the extent that all necessary third party consents to the assignments have been obtained (provided that Seller shall not be obligated to obtain any third party consents); and 

(d)         All of Seller’s right, title and interest, if any,
in and to all trademarks, trade names or symbols under which the Land or the Improvements (or any part thereof) is operated, all licenses, blueprints, 

  
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maps, drawings, plans and specifications, governmental permits and approvals, guaranties and all warranties made by any contractors, subcontractors, vendors or suppliers, regarding their
performance or the quality of materials supplied in connection with the construction of or operation of all or any of the Real Property, and any websites and webnames pertaining to the Real Property (collectively, the “Intangible Personal
Property”). 
 2.           Sales
Price. The total sales price for the Property is One Hundred Seventy Million, Five Hundred Thousand and no/100 Dollars ($170,500,000.00) (the “Sales Price”), payable in cash at Closing, subject to the adjustments and
prorations, and all of the terms and conditions, provided for in this Agreement. Payment in cash means payment by wire transfer of immediately available federal funds (“Immediately Available Funds”). 

3.           Earnest Money. Within one
(1) Business Day of the Effective Date, Purchaser will deliver to First American Title Insurance Company, 818 Stewart Street, Seattle, Washington 98101, Attention: Karl Norambuena (the “Title Company”), as escrow agent, Five
Million and no/100 Dollars ($5,000,000.00) (by Immediately Available Funds) as earnest money (the “Initial Earnest Money”), which the Title Company will deposit and hold in an interest bearing account. At Purchaser’s option,
Purchaser may coordinate all title matters directly with First American Title Insurance Company, whose address is 5 First American Way, Santa Ana, California 92707, Attention: Lance T. Capel (“Purchaser’s Title Company”). Title
Company and Purchaser’s Title Company shall enter into a sharing arrangement pursuant to which they shall share all title insurance premiums payable in connection with the issuance of the Approved Owner Policy (as defined in
Section 4(b)(iv) below). If Purchaser does not timely deliver the Initial Earnest Money as provided in this Section 3, then this Agreement shall be null and void, and neither party shall have any right or obligation hereunder. For the
purpose of this Agreement, the term “Earnest Money” shall include the Initial Earnest Money and the Additional Earnest Money (as defined below), if paid, and any interest earned thereon. If the transaction contemplated by this
Agreement is closed, then the Earnest Money will be applied in payment of the Sales Price to be paid at Closing. If the transaction is not closed, then the Title Company will disburse the Earnest Money in accordance with the provisions of this
Agreement. Notwithstanding anything stated to the contrary in this Agreement, the only circumstances under which Seller shall be entitled to receive the Earnest Money is if the Closing occurs or Purchaser fails to purchase the Property when it is
obligated to do so under this Agreement. 

4.           Closing. 

(a)                   
       Time and Place. Provided that all of the terms and conditions of this Agreement have been satisfied or waived by Purchaser and Seller, as the case may be, on or before the Closing Date, the closing
of this transaction (the “Closing”) will take place in escrow at the Title Company on February 18, 2014 (the “Closing Date”); provided, however, Purchaser shall have the option to extend the Closing to
February 28, 2014 by giving notice to Seller at least two (2) Business Days prior to the originally scheduled Closing Date and depositing with the Title Company concurrently therewith an additional Two Million Five Hundred Thousand and
no/100 Dollars ($2,500,000.00) (the “Additional Earnest Money”). Further, either Purchaser or Seller may extend the Closing Date for up to an aggregate (between both Seller and Purchaser) of fifteen (15) Business Days in the
event that either the Tenant Estoppel Condition (as defined in Section 8 below) or the condition set forth in Section 12(d)(viii) (the RDA Estoppel) has not been satisfied or waived prior to the Estoppel Deadline (as defined in
Section 8 below), by giving notice to the other on or before three (3) days prior to the then scheduled Closing Date. 
 (b)         Seller’s Closing Deliveries. At the Closing, Seller will deliver or cause to be delivered in escrow to the Title Company, at
Seller’s sole expense, except as otherwise provided in this Section 4(b), the following: 

  
 2 

 (i)        Deed. A
Special Warranty Deed (the “Deed”), in the form attached hereto as Exhibit B, duly executed and acknowledged by Seller, conveying good and indefeasible title in fee simple to the Land and Improvements, and conveying
Seller’s interest in the Vault Lease, free and clear of any and all liens, encumbrances, easements and assessments, created by, through or under Seller, except for Permitted Exceptions (defined below) and any others approved by Purchaser in
writing. 
 (ii)       Bill of Sale. Seller’s counterpart
to a Bill of Sale, Assignment, and Assumption Agreement (the “Bill of Sale”), in the form attached hereto as Exhibit C, duly executed by Seller. 

(iii)      Assignment and Assumption of Leases, Licenses and Contracts.
Seller’s counterpart to an Assignment and Assumption of Leases, Licenses and Contracts (the “Assignment and Assumption”), in the form attached hereto as Exhibit D, duly executed by Seller. 

(iv)      Owner Policy. The Title Company shall have unconditionally
committed to issue an Owner’s Policy of Title Insurance (the “Owner Policy”), delivered in due course by the Title Company after Closing, to be issued by the Title Company on the standard form in use in the State of Utah, in
the full amount of the Sales Price, dated as of the Closing Date, insuring Purchaser’s fee simple title to the Land and Improvements to be good and indefeasible subject only to Permitted Exceptions and others approved by Purchaser in writing.
Notwithstanding the foregoing or anything else stated to the contrary herein, if the Title Company issues a form of title commitment acceptable to Purchaser prior to the expiration of Purchaser’s Inspection Period that does not set forth any
requirements inconsistent with the terms of this Agreement, then, the form of Owner Policy that shall be delivered to Purchaser as provided in this Section 4(b)(iv) shall be the form of title policy provided for in such title commitment
delivered to Seller, together with all endorsements attached thereto (the “Approved Owner Policy”). 
 (v)        Possession. Possession of the Property, subject only to the Tenant Leases, the rights of licensees under the Licenses, the rights of the
tenant under the Garage Lease and the Permitted Exceptions. 

(vi)       Non-foreign Affidavit. a non-foreign affidavit, in the form
attached hereto as Exhibit E, duly executed by Seller. 

(vii)      Approved Estoppels. Originals of any Approved Estoppels (as
defined below). 
 (viii)     RDA Estoppel and Assignment. An original
of the RDA Estoppel (as defined in Section 12(d)(viii)) and a counterpart of an assignment agreement assigning all of Seller’s rights in the TIF Agreement to Purchaser in a form reasonably acceptable to Seller, Purchaser and the RDA (the
“TIF Assignment”), which said TIF Assignment shall include, among other things, the RDA’s consent to the assignment of all of Seller’s rights in the TIF Agreement to Purchaser, and confirmation of the RDA that Purchaser
shall be entitled to all of the rights and benefits of the “Developer” under the TIF Agreement (including the right to receive all tax increment payments under the TI Agreement for 2013 and subsequent years) subject to Purchaser’s
performance of the obligations of the Developer thereunder occurring after the Closing Date. 

(ix)       Authority. Evidence reasonably acceptable to the Title
Company of Seller’s capacity and authority for the closing of this transaction. 

(x)        Title Affidavit. A title affidavit or owner’s
affidavit in form satisfactory to the Title Company to enable the Title Company to issue the Approved Owner Policy. 

  
 3 

 (xi)        Other
Documents. Any other documents that may be reasonably required to close this transaction, duly executed. 
 (c)             Purchaser’s Closing Deliveries. Purchaser will be prepared to authorize Closing no later than 1:00 p.m.
Mountain Time on the Closing Date and will perform and deliver in escrow to the Title Company, before 1:00 p.m. Mountain Time on the Closing Date, at Purchaser’s sole expense, the following: 

(i)         
 Sales Price. Provided that all of the terms and conditions of this Agreement have been satisfied or waived by Purchaser in writing on or before the Closing Date, the Sales Price in Immediately Available Funds (reduced by the amount,
if any, of the Earnest Money applied for that purpose), subject to the adjustments and prorations provided for in this Agreement. 
 (ii)         Bill of Sale. Purchaser’s counterpart to the Bill of Sale, duly executed by Purchaser. 
 (iii)        Assignment and Assumption. Purchaser’s counterpart to the Assignment and
Assumption, duly executed by Purchaser. 
 (iv)        Tenant Notices. Notices to all tenants of the Property (prepared by and executed by Seller) informing
tenants (A) that Purchaser is the new owner of the Property, (B) that Purchaser has received and is responsible for all of the tenants’ security deposits, providing the exact dollar amount of each security deposit, and (C) that
tenants are to thereafter mail any rental payments to an address supplied by Purchaser. 

(v)        Notices to Licensees, etc. Notices to all licensees
under the Licenses, the tenant under the Garage Lease and vendors under the Contracts (prepared by and executed by Seller) informing such parties (A) that Purchaser is the new owner of the Property, and (B) that such parties shall
thereafter ,ail any payments due thereunder to an address supplied by Purchaser. 

(vi)        TIF Assignment. Purchaser’s counterpart of the TIF Assignment duly executed by Purchaser. 
 (vii)      Authority. To the extent required
by Purchaser’s Title Company, evidence reasonably acceptable to the Title Company of Purchaser’s capacity and authority for the closing of this transaction. 

(viii)      Other Documents. Any other documents that may be reasonably
required to close this transaction, duly executed. 

(d)             Expenses of Closing.
Seller will pay (i) the base premium for the Owner Policy; (ii) 1/2 of any escrow fee; (iii) Seller’s attorneys’ fees; (iv) Seller’s appropriate share of the prorations set forth in Section 4(e) below; and
(v) other expenses stipulated to be paid by Seller under other provisions of this Agreement. Purchaser will pay (A) the premium for any endorsements (including extended coverage) to the Owner Policy and the cost of any lender policies and
endorsements thereto and any additional cost of any co-insurance required by Purchaser or its lender ; (B) recording fees; (C) the cost of obtaining an updated survey; (D) 1/2 of any escrow fee; (E) Purchaser’s
attorneys’ fees; (F) Purchaser’s appropriate share of the prorations set forth in Section 4(e) below; and (G) other expenses stipulated to be paid by Purchaser under other provisions of this Agreement. 

  
 4 

(e)           Prorations. At Closing, items of
income and expense of the Property shall be prorated as of midnight on the day immediately preceding the Closing Date (based on the periods to which they relate and are applicable and regardless of when payable). Income and expenses attributable to
the period prior to the Closing Date shall be for the account of Seller, and income and expenses attributable to the period on and after the Closing Date shall be for the account of Purchaser. The following items shall be prorated through escrow:

 (i)       Taxes. All real estate, personal property and ad
valorem taxes, assessments and bonds (“Taxes”) payable for the year of Closing with respect to the Property shall be prorated between Seller and Purchaser as of the Closing Date on the basis of the statements for such amounts for
such year. Taxes payable for years prior to the year of Closing shall, to the extent unpaid, be paid by Seller. Any tax increment financing payments payable in connection with Taxes for 2013 and 2014 shall not be prorated and shall belong to
Purchaser and if paid to Seller shall promptly be remitted to Purchaser. If statements for the current year are not available as of the Closing Date, the proration between Seller and Purchaser shall be made on the basis of the amounts due for the
immediately prior year and the applicable tax increment financing payments and shall be subject to adjustment outside of escrow after the Closing within sixty (60) days after the bills for the applicable period are received; provided, however,
that any reproration of real estate taxes shall take into account only increases in the tax rate or millage, and any portion of any real estate tax increase attributable to an increase in assessed value arising out of the transfer to Purchaser under
this Agreement shall not be taken into account If any tax assessment for the current or any prior year is under protest, the closing tax proration shall be re-prorated between Purchaser and Seller at such time as there is a final determination on
such protest. In connection with the transfer and assignment of the tax increment financing payments for 2013 and 2014 to Purchaser, Purchaser shall give Seller a credit at Closing in the amount of One Hundred Forty-Three Thousand Two Hundred
Seventy-One and no/100 Dollars ($143,271.00). 
 (ii)      Income and
Expenses. Income from the Property, other than Rent (as defined below), and ordinary operating expenses incurred by Seller with respect to the Property shall be prorated between Seller and Purchaser as of the Closing Date. Such expenses
include, without limitation, utility charges, the cost of Contracts assigned at Closing to Purchaser, and sewer, janitorial, cleaning and maintenance costs. Any income or expense which cannot be ascertained with certainty as of the Closing Date
shall be prorated on the basis of the parties’ reasonable estimates of such amounts and shall be the subject of a final proration as soon thereafter as the precise amounts can be ascertained, but in no event later than sixty (60) days
after the Closing. Seller and Purchaser shall each cooperate with the other diligently and promptly to correct any errors in computations or estimates under this Section 4(e) and shall promptly pay to the party entitled thereto any refund,
credit or other payment necessary to comply with this Section 4(e) on demand therefor. Purchaser shall endeavor to cause all utilities to be placed in the name of Purchaser as of the Closing Date. All utility services shall be prorated at
Closing between Seller and Purchaser. The parties shall use commercially reasonable efforts to obtain readings for all utilities as of the Closing Date. If readings cannot be obtained as of the Closing Date, the cost of such utilities shall be
prorated between Seller and Purchaser by estimating such cost on the basis of the most recent bill for such service; provided, however, that after the Closing, the parties shall reprorate the amount for such utilities and pay any deficiency in the
original proration to the other party promptly upon receipt of the actual bill for the relevant billing period. 
 (iii)      Rentals and Other Tenant Charges. Rents under the Tenant Leases, including, without limitation, fixed rent, additional rent and Taxes and operating
expense pass-throughs (collectively, “Rents”), shall be addressed in the manner set forth in this subsection. All prepaid Rents for any period subsequent to the Closing Date shall be credited to Purchaser at Closing. All collected
Rents for the month in which the Closing occurs shall be prorated as of the Closing Date. All Rents which are due but uncollected as of the Closing Date (the “Delinquent Rents”) shall not be prorated at Closing, but shall be paid to
the party entitled to receive such Delinquent Rents upon receipt of same by either Seller or Purchaser after 

  
 5 

 
Closing. For a period of ninety (90) days following the Closing Date, Purchaser agrees to use commercially reasonable efforts to collect Delinquent Rents from each tenant remaining in
possession of its space under a Tenant Lease by billing tenants for such amounts, provided, however, that Purchaser shall have no obligation to institute legal proceedings, including an action for unlawful detainer, against a tenant owing any such
amounts. Any and all amounts received by Purchaser after the Closing Date from any party owing Delinquent Rents shall be paid and applied as follows: first, to Purchaser’s reasonable collection costs (including, without limitation, reasonable
attorneys’ fees) incurred (after the Closing Date only); second, to Purchaser for Rents due for the then current month; third, to Purchaser for due but unpaid Rents accruing after the Closing Date, to be applied in the inverse of the order
incurred (i.e., the most recently incurred Rents paid first); fourth, to Delinquent Rents for the month in which the Closing occurs (which sums shall, upon such collection, be prorated between Seller and Purchaser as though collected prior to
Closing); and finally, to Seller for Delinquent Rents for the period prior to the month of Closing. The parties agree that they shall provide a final accounting and reconciliation of all Delinquent Rents within thirty (30) days after Closing.
Following the expiration of the ninety (90) day period immediately following the Closing Date, Purchaser shall not have an exclusive right to collect any sums due Seller from tenants under the Tenant Leases, and Seller hereby retains the right
to pursue any tenant under the Tenant Leases after the expiration of such six (6) month period for any sums due Seller for periods attributable to Seller’s ownership of the Property; provided, however, Seller (a) shall be required to
notify Purchaser in writing of Seller’s intention to commence or pursue any legal proceedings, and (b) shall not be permitted to commence or pursue any legal proceedings against any tenant at the Property seeking eviction of such tenant or
the termination of the underlying Tenant Lease. 
 (iv)    Reconciliation of Billings
for Additional Rent. Prior to Closing, Seller shall provide Purchaser with a reconciliation statement with respect to each Tenant Lease, comparing the amount of Additional Rents (as hereinafter defined) collected from each tenant on an
estimated basis during calendar year 2013 (or other applicable billing period), against the total expenditures by Seller during 2013 for the corresponding expenses for which such Additional Rents are collected. If the aggregate amount of Additional
Rent collected from tenants on an estimated basis exceeds the corresponding expenditures by Seller, then Seller shall credit Purchaser at Closing for payment to the tenants of such excess amount. If the aggregate amount of Additional Rent collected
from tenants on an estimated basis is less than the corresponding expenditures by Seller, then Purchaser shall pay to Seller such deficiency upon receipt thereof from tenants. Purchaser shall cooperate with Seller in billing the tenants for amounts
owed for 2013 Additional Rent reconciliations. Within ninety (90) days after Closing, Seller shall provide Purchaser with a reconciliation statement with supporting data with respect to each Tenant Lease, comparing the amount of Additional
Rents collected from each tenant on an estimated basis during calendar year 2014 (or other applicable billing period), against the total expenditures by Seller during 2014 for the corresponding expenses for which such Additional Rents (as defined
below) are collected. If the aggregate amount of Additional Rent collected from tenants on an estimated basis exceeds the corresponding expenditures by Seller, then Seller shall remit to Purchaser for payment to the tenants of such excess amount
within such 90-day period. If the aggregate amount of Additional Rent collected from tenants on an estimated basis is less than the corresponding expenditures by Seller, then Purchaser shall pay to Seller such deficiency within such 90-day period.
Any fixed payments of Additional Rents shall not be reconciled in the manner above and shall be prorated similar to Base Rents. The reconciliation of Additional Rents as provided in this Section 4(e)(iv) shall be final. In connection with the
foregoing, Purchaser and Seller shall cooperate with each other concerning the calculation of the reconciliation. “Additional Rents” shall mean rentals collected from tenants for reimbursements of Taxes, insurance, trash removal, utility
services and/or other operating expenses 
 (v)    Security Deposits.
Purchaser shall receive a credit for all security deposits reflected as owing under the Tenant Leases. However, if any tenant security deposit is in the form of a letter of credit, promissory note or similar instrument, Seller shall cooperate with
Purchaser and the applicable tenants to assign any such letter of credit, promissory note or similar instrument. With respect to any security deposit 

  
 6 

 
which is evidenced by a letter of credit that is assignable, Seller shall (i) deliver to Purchaser at Closing such original letter of credit, and (ii) execute and deliver at Closing
such other instruments as the issuer of such letter of credit shall reasonably require in order to cause the named beneficiary under such letter of credit to be changed to Purchaser. Purchaser shall receive a credit at Closing equal to all transfer
fees required to be paid in connection with the transfer of any letters of credit to Purchaser as provided in this Section 4(e)(v). There shall be no credit against the Sales Price at Closing with respect to any such noncash security deposit.

 (vi)      Leasing Commissions and Tenant
Inducements.    Seller shall be responsible for the payment of all Tenant Inducement Costs (as defined below) and leasing commissions which become due and payable (whether before or after Closing) as a result of any
Tenant Leases or any renewals or expansions of existing Tenant Leases entered into prior to the Effective Date and deliver to Purchaser evidence reasonably satisfactory to Purchaser that such liabilities have been paid (or credit Purchaser at
Closing any amounts which remain due and owing at Closing, which shall include without limitation, the tenant improvement allowance to Goldman Sachs in the amount of $966,850); provided however that Purchaser shall assume and be responsible for the
leasing commissions due to CBRE, Inc. and Commerce Real Estate Solutions as described in Exhibit H-1 attached hereto and made a part hereof. Purchaser shall be responsible for the payment of all Tenant Inducement Costs and leasing commissions
as a result of any new Tenant Leases entered into or any renewals or extensions of existing Tenant Leases after the Effective Date (provided that such new lease, renewal or extension has been approved or deemed approved by Purchaser in accordance
with Section 13(b) below) but only to the extent the amounts of such Tenant Inducement Costs and leasing commissions are expressly set forth in such new Tenant Leases or in any such renewal or extension or disclosed in the request for approval
under Section 13(b) below. If Seller has paid any Tenant Inducement Costs or leasing commissions prior to the Closing Date for which Purchaser is responsible, Seller shall receive a credit for such amounts at Closing. For purposes hereof, the
term “Tenant Inducement Costs” shall mean any out-of-pocket payments required under a Tenant Lease to be paid or incurred by the landlord to or for the benefit of the tenant which is in the nature of a tenant inducement, including
specifically, without limitation, tenant improvement costs, lease buyout costs, moving, design and refurbishment allowances and any free or reduced rent. For the avoidance of doubt, Purchaser shall be entitled to receive a credit against the Sales
Price at Closing for the amount of any rental abatements or free rent periods attributable to periods from and after the Closing Date. 
 (vii)      Survival.  The provisions of this Section 4(e) shall survive Closing. 

   5.           Due Diligence and
Inspection. 

(a)            Inspection.  
Purchaser may conduct an acquisition due diligence investigation of the Property (the “Inspection”), including (i) a review of Tenant Leases, Contracts, financial statements and other documentation related to the Property, and
(ii) a physical inspection of the Property to determine the condition of the Property including the existence of any environmental hazards or conditions during the period commencing on the Effective Date and ending at 5:00 p.m., Mountain
time January 31, 2014 (the “Inspection Period”) (which such Inspection right shall continue until the Closing Date). During the Inspection Period, subject to the limits set forth in this Section 5, Seller shall provide
Purchaser with full access to the Property, including the books and records relating to the Property in Seller’s possession or control, and Seller shall make available to Purchaser for interviews regarding the Property Seller’s personnel,
agents and managers and Purchaser shall have the right to interview, after at least twenty-four (24) hours advance notice, the tenants leasing space in the Property, and Seller shall have the right to accompany Purchaser during such interviews.
If Purchaser would like to meet with third party vendors relating to the Property and tenants of the Property in connection with its due diligence review of the Property, Purchaser shall contact Seller with such requests and Seller shall use
commercially reasonable efforts to arrange such meetings. Seller may elect to be present during such meetings. With Seller’s permission, after Seller has received advance notice sufficient to permit it

  
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to schedule Purchaser’s examination of the Property in an orderly manner and to provide at least twenty-four (24) hours advance written notice to any affected tenants, Purchaser or its
agents or contractors may enter upon the Property for purposes of analysis or other tests and inspections deemed necessary by Purchaser for the Inspection; provided, however, Purchaser is not permitted to perform any intrusive testing, including,
without limitation, a Phase II environmental assessment or boring, without (i) submitting to Seller the scope and inspections for the testing, and (ii) obtaining the prior written consent of Seller which may be withheld in Seller’s
sole and absolute discretion. Seller may have a representative present at any inspection or testing made by Purchaser on the Property. Purchaser shall not alter the physical condition of the Property without notifying Seller of its requested tests,
and obtaining the prior written consent of Seller to any physical alteration of the Property, which may be withheld in Seller’s sole and absolute discretion. Purchaser will exercise its best efforts to conduct or cause to be conducted all
inspections and tests in a manner and at times that will not unreasonably interfere with any tenant’s use and occupancy of the Property. PURCHASER HEREBY INDEMNIFIES AND HOLDS SELLER HARMLESS FROM ALL CLAIMS, LIABILITIES, DAMAGES, LOSSES,
COSTS, EXPENSES (INCLUDING, WITHOUT LIMITATION, REASONABLE ATTORNEYS’ FEES), ACTIONS, AND CAUSES OF ACTION (BUT EXPRESSLY EXCLUDING ANY CONSEQUENTIAL, SPECIAL OR PUNITIVE DAMAGES) ARISING OUT OF OR IN ANY WAY RELATING TO THE INSPECTION
PERFORMED BY PURCHASER, ITS AGENTS, LENDERS, INDEPENDENT CONTRACTORS, AND/OR EMPLOYEES; PROVIDED, HOWEVER, PURCHASER’S INDEMNIFICATION OBLIGATIONS UNDER THIS SECTION 5(a) SHALL NOT APPLY TO (I) ANY LOSS ARISING FROM SELLER’S OWN
NEGLIGENCE OR WILLFUL MISCONDUCT OR (II) PURCHASER’S DISCOVERY OF EXISTING CONDITIONS ON THE PROPERTY. Purchaser further waives and releases any claims, demands, damages, actions, causes of action or other remedies of any kind whatsoever
against Seller for property damages or bodily and/or personal injuries to Purchaser, its agents, lenders, independent contractors, servants and/or employees arising out of the Inspection or use in any manner of the Property, except arising from
Seller’s negligence or willful misconduct. 

(b)     Termination.  Unless Purchaser determines, in its sole and
absolute judgment, that the Property is suitable for Purchaser’s intended use or purpose, or is in satisfactory condition, then this Agreement shall terminate upon the expiration of the Inspection Period, in which case the Earnest Money will be
returned to Purchaser, and neither party shall have any further right or obligation under this Agreement except for those rights or obligations that expressly survive termination. If Purchaser determines that the Property is acceptable in its sole
and absolute discretion, then Purchaser shall provide a notice to Seller on or before the expiration of the Inspection Period that it has approved the Property (the “Approval Notice”) and this Agreement shall remain in full force
and effect. If this Agreement does not terminate and Purchaser delivers the Approval Notice, the Inspection condition and any objections regarding the Inspection shall be deemed to have been waived by Purchaser for all purposes, and the Earnest
Money shall become non-refundable subject to all of the other terms and conditions of this Agreement. The Inspection shall be conducted at Purchaser’s sole cost and expense. For the avoidance of doubt, if Purchaser fails to provide Seller with
the Approval Notice prior to the expiration of the Inspection Period, such failure shall be conclusively deemed to be full and complete disapproval of such matters and this Agreement shall terminate, the Earnest Money will be returned to Purchaser,
and neither party shall have any further right or obligation under this Agreement except for those rights or obligations that expressly survive termination. 
 (c)     
Reports.  In the event that the transaction does not close for any reason other than Seller’s default, upon written request from Seller, Purchaser shall
provide to Seller, at no cost to Seller, with a copy of the results of any tests and inspections made by Purchaser, excluding any market and economic feasibility studies (collectively, “Purchaser Reports”). Any Purchaser Reports
delivered to Seller will be delivered for informational purposes only and Purchaser makes no representation or warranty, express or implied, as to the accuracy or completeness of the information contained in the Purchaser Reports. Seller agrees not
to enforce any claim or cause of action against Purchaser or the preparers of the Purchaser Reports 

  
 8 

 
(unless Seller obtains its own separate agreement with the preparer of the applicable Purchaser Reports) for any inaccuracies in the Purchaser Reports. Purchaser shall keep the Purchaser’s
Reports confidential, and may not disclose the results to any third parties, except to Purchaser’s attorneys, accountants, agents and other professionals and prospective lenders (and their advisors), who shall be obliged to keep such
information confidential. 

(d)        Insurance.  Purchaser shall promptly
substantially restore the Property to its original condition if damaged or changed due to the tests and inspections performed by Purchaser, free of any mechanic’s or materialman’s liens or other encumbrances arising out of any of the
inspections or tests. Prior to the date that Purchaser or its agents or contractors first enter the Property, Purchaser shall procure and maintain throughout the term of this Agreement, commercial general liability insurance, including direct
contractual and contingent liability, with limits of not less than One Million Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) in the aggregate. Seller, Bentall Kennedy (US) Limited Partnership and HP 222 South Main Street,
LLC shall be included as an additional insured(s) under the required commercial general liability coverage. In addition, this insurance must include: (i) personal injury liability with contractual exclusions removed; and (ii) a waiver of
subrogation in favor of Seller without exception for the negligence of any additional insured. Purchaser shall carry workers compensation insurance meeting statutory requirements of the state which those employees are domiciled in and
employers’ liability insurance with limits of not less than One Million Dollars ($1,000,000) per occurrence. Neither Purchaser nor Purchaser’s agents or contractors will be permitted to come onto the Property unless and until Purchaser has
provided to Seller certificates of insurance evidencing such insurance coverages. 

(e)        Survival.    The provisions of this
Section 5 shall survive the Closing or any termination of this Agreement and are not subject to any liquidated damage limitation on remedies, notwithstanding anything to the contrary in this Agreement. 

6.              Title Approval. 

(a)        Commitment; Survey.  Seller will use
reasonable diligence to cause to be delivered to Purchaser within five (5) Business Days after the Effective Date (i) a Preliminary Title Report with copies of all recorded instruments affecting the Property and recited as exceptions in
the Preliminary Title Report (collectively, the “Commitment”) and (ii) a copy of the most recent survey of the Property in Seller’s possession (the “Survey”). If Purchaser, Purchaser’s lender, or the
Title Company requires a new survey for any reason, then Purchaser, at Purchaser’s cost and within thirty (30) days after the Effective Date, shall obtain a new survey (“New Survey”) of the Property made on the ground by a
registered professional land surveyor that conforms to the requirements of an ALTA/ACSM minimum standard detail survey and shall provide a copy of the New Survey to Seller. 

(b)        Objections.  If Purchaser has an objection to
items disclosed in the Commitment or Survey, then Purchaser may give Seller written notice of its objections no less than two (2) Business Days prior to the expiration of the Inspection Period. Any exception to title identified in the
Commitment or Survey not objected to by Purchaser in the manner and within the time period specified in this Section 6 shall be deemed accepted by Purchaser. If Purchaser gives timely written notice of its objections, then Seller shall notify
Purchaser in writing within one (1) Business Day after receipt of Purchaser’s notice (“Seller’s Cure Period”) whether Seller elects to remove or to cause the Title Company to insure against the same. Seller’s
failure to deliver such written notice shall constitute Seller’s election not to cure Purchaser’s title objections. Seller shall have no obligation to expend any money, to incur any contractual or other obligations, or to institute any
litigation in pursuing its efforts other than to remove, and Seller hereby covenants to remove (so that it no longer burdens the Property), at Closing financing liens of an ascertainable amount created by Seller which are deemed not to be Permitted
Exceptions. If any objection is not satisfied during Seller’s Cure Period, then Purchaser shall elect not later than one (1) day after the expiration of Seller’s Cure Period, but in any event on

  
 9 

 
or before expiration of the Inspection Period, as its sole and exclusive remedy to either: (i) terminate this Agreement, in which case the Earnest Money shall be refunded to Purchaser, and
neither party will have any further rights or obligations pursuant to this Agreement, other than rights or obligations that expressly survive termination; or (ii) waive the unsatisfied objection (which shall thereupon become a Permitted
Exception) and proceed to Closing. Purchaser’s failure to give such notice of termination on or before such date shall constitute Purchaser’s waiver of any title objections that Seller is unwilling to cure, and such title objections shall
be deemed Permitted Exceptions, and Closing shall occur as provided in this Agreement without any reduction of or credit against the Sales Price. 
 (c)        Permitted Exceptions.  The phrase “Permitted Exceptions” means those exceptions to title set forth in the
Commitment or Survey and that have been accepted or deemed accepted by Purchaser. Permitted Exceptions shall not include any monetary and financing liens and encumbrances (other than liens for non-delinquent real property taxes and assessments), nor
shall they include any mechanics’ liens. The failure of Seller to deliver a Commitment or a Survey satisfying the requirements of this Section 6 will not under any circumstances extend the period for review of the Commitment or Survey
beyond the Inspection Period, and Purchaser’s sole and exclusive remedy for Seller’s failure, if any, shall be to terminate this Agreement before the expiration of the Inspection Period in accordance with the provisions of Section 5.
If Purchaser obtains a New Survey and the New Survey shows exceptions not previously shown on the Survey (“New Exceptions”), Purchaser may object to any New Exceptions in accordance with the mechanism contained in this
Section 6; provided Purchaser may not object to any New Exceptions after the Inspection Period. If Purchaser fails to timely object to a New Exception, the New Exception shall constitute a Permitted Exception. 

(d)        Encumbrances.  After the Effective Date,
Seller will not intentionally or deliberately place on the Property any encumbrance (references to “encumbrance” include any lien, encumbrance, or other exception to title) other than the Permitted Exceptions. If, before the Closing Date,
title to the Property becomes subject to any encumbrance other than a Permitted Exception, then Seller may (but has no obligation to) attempt to cure the encumbrance. If Seller is unable or unwilling to cure the encumbrance, then Purchaser, as its
sole and exclusive remedy, may either: (i) terminate this Agreement by written notice to Seller whereupon the Earnest Money shall be returned to Purchaser, and neither party will have any right or obligation under this Agreement other than
rights or obligations that expressly survive termination; or (ii) proceed to Closing without receiving any credit against or reduction of the Sales Price whereupon Purchaser shall be deemed to have accepted the encumbrance as an exception to
title (which shall thereupon become a Permitted Exception). 

(e)        Co-Insurance.  The parties acknowledge and
agree that Purchaser shall have the right to procure “co-insurance” with respect to the Approved Title Policy to be issued at Closing in such reasonable amounts (which may take into account the requirements of Purchaser’s lender), and
from such title companies (including Commonwealth Land Title Insurance Company), as Purchaser shall select in reasonable cooperation with Seller and the Title Company, and Seller shall deliver to any title company issuing “co-insurance”
all documents that Seller has agreed to deliver to the Title Company under the Agreement in order to issue the Approved Title Policy; provided, however, the right to procure “co-insurance” is subject to the obtainment of
“co-insurance” satisfying the following conditions: (i) no delay in the Closing, (ii) no increase in the amount payable by Seller for the Title Policy, and (iii) no requirement that Seller provide any documents that Seller
is not obligated to provide under this Agreement. 
 7.              Due Diligence Materials.  Seller will use reasonable diligence to cause to be delivered to Purchaser or made
available to Purchaser at the Property or made available on the due diligence website established by Cushman & Wakefield within five (5) Business Days after the Effective Date, copies of the

  
 10 

 
following (together with the Purchaser’s 3-14 Audit Documents (as defined below), the “Due Diligence Materials”), to the extent (and only to the extent) that these items are
available and in Seller’s actual possession: 

(i)           Copies of Tenant Leases, Licenses and the Garage
Lease, and all existing lease abstracts and files, landlord and tenant correspondence and, subject to the terms of any confidentiality provisions with the tenants under the Tenant Leases, the most recent tenant financial statements in accordance
with lease requirements; 
 (ii)          All pending leases,
lease proposals and letters of intent under negotiation between landlord and prospective tenants; 

(iii)         A list of Tenant Leases and Licenses; 

(iv)         Financial records including (A) current rent roll,
(B) operating statements (current/year-to-date and last three (3) calendar years), (C) aged receivable reports, and (D) retail sales, if applicable (current/year-to-date and last three (3) calendar years); 

(v)          All service, maintenance, labor, construction, management
or other contracts currently in effect relating to the ownership and operation of the Property (“Contracts”); 
 (vi)         All licenses, permits and maps (tentative and final) and pending applications to governmental entities with respect to the ownership and operation
of the Property, including, but not limited to, building permits and certificates of occupancy; 

(vii)        All third party warranties and guaranties currently in effect
relating to the Property, or any part thereof, or to the tangible Personal Property; 

(viii)       The most current real estate and personal property tax statements with
respect to the Property; 
 (ix)         The most recent twelve
(12) months of utility bills relating to the Property; 

(x)          Correspondence files, repair/maintenance logs and
records; 
 (xi)         All current and former title insurance
policies and title documents; 
 (xii)        All existing
environmental, soil and engineering reports and other reports in respect to the Property, including, without limitation, all building reports, engineering data, architectural studies, grading plans and topographical maps; 

(xiii)       Copies of all existing plans, drawings and specifications for the
Improvements and surveys of the Property; 
 (xiv)       Copies of all
documents regarding litigation, liens or threatened claims; and 

(xv)        Copies of all submittals to the RDA relating the TIF Agreement and
notices of default by Seller under the TIF Agreement from the RDA. 
 Purchaser has informed Seller that Purchaser is required by law to
complete with respect to certain matters relating to the Property an audit commonly known as a “3-14” Audit (“Purchaser’s 3-14 Audit”). In connection with the performance of Purchaser’s 3-14 Audit, Seller shall,
during Purchaser’s Inspection Period, deliver to or make available to Purchaser, concurrently with the delivery of the Documents, (a) the documents 

  
 11 

 
which are described on Schedule 2 attached hereto, to the extent in existence and in Seller’s possession (collectively, “Purchaser’s 3-14 Audit Documents”) and
(b) provide to Purchaser in written form, answers to such questions relating to the Property which are set forth in Schedule 2, to the extent such information is in existence and in Seller’s possession. 

Any failure of Seller to timely deliver or make available any of the Due Diligence Materials will not extend the Inspection Period, and
Purchaser’s sole and exclusive remedy for Seller’s failure, if any, shall be to terminate this Agreement before the expiration of the Inspection Period in accordance with the provisions of Section 5. Seller makes no representation or
warranty, express or implied, as to the accuracy or completeness of the information contained in the Due Diligence Materials, and Purchaser acknowledges that the Due Diligence Materials will be for informational purposes only and shall not give
Purchaser any cause of action against Seller or the preparer, absent an agreement from the preparer that Purchaser is entitled to rely on a particular matter. In no event will the Due Diligence Materials include appraisals, valuation memos, or
correspondence related to the sale of the Property. 

8.           Tenant Estoppel Letters and
SNDAs.  Seller shall prepare, or cause to be prepared, and deliver to Purchaser for review and approval, within two (2) Business Days following the Effective Date, the estoppel certificates Seller intends to deliver to the
tenants (“Prepared Estoppels”), which shall be based on the form of estoppel certificate attached hereto as Exhibit F other than for Holland & Hart LLP (the “H&H Estoppel”) which shall be in the form
attached hereto as Exhibit F-1, and Seller shall remit, or cause to be remitted, the Prepared Estoppels to all the tenants of the Property for signature within two (2) Business Days following Purchaser’s notice to Seller that
Purchaser has approved the Prepared Estoppels (which notice shall set forth any required corrections). If Purchaser fails to notify Seller of its approval of, or any changes to, the Prepared Estoppels it receives from Seller for approval within
two (2) Business Days following Purchaser’s receipt of the same, Seller shall forward the Prepared Estoppels to all the tenants of the Property without Purchaser’s prior approval, and Seller shall use commercially reasonable efforts
to receive and deliver executed Prepared Estoppels to Purchaser prior to the expiration of Purchaser’s Inspection Period. Estoppel certificates prepared by Seller and approved (or deemed approved) by Purchaser as provided above are
hereinafter referred to, collectively, as “Approved Estoppels”. It is a condition precedent to Purchaser’s obligations to Close that Seller shall have delivered to Purchaser, no later than three (3) days before the Closing
Date, as may be extended pursuant to Section 4(a) (the “Estoppel Deadline”), fully executed Approved Estoppels from tenants under Tenant Leases (not including the Garage Lease) covering at least eighty percent (80%) of the
currently leased square footage of the Improvements, including Goldman Sachs and Holland & Hart LLP (the “Major Tenants”), with no changes other than de minimis changes reasonably approved by Purchaser and not
disclosing the existence of any default under the Tenant Leases referenced to therein (the “Tenant Estoppel Condition”). For purposes of the foregoing, a tenant shall not be considered to be leasing the Improvements if the term of
its Tenant Lease is month-to-month or expires within six (6) months after the Closing Date. A tenant estoppel letter shall not fail to qualify as an “Approved Estoppel” if the applicable tenant (a) inserts “to tenant’s
knowledge” or “in all material respects” or other similar knowledge or materiality qualification to any of the statements contained in the Prepared Estoppel in paragraphs 5 (with respect to full force and effect of the Tenant Lease
only) and 7; (b) delivers an estoppel letter that does not contain any more information than that which the tenant is required to give under its Tenant Lease; or (c) inserts “approximately” or other similar qualification to the
amount of square feet leased by the tenant. In no event will Seller be in default under this Agreement or have any liability to Purchaser if Seller is unable to obtain any of the Approved Estoppels. If Seller is unable, after utilizing commercially
reasonable efforts, to obtain the required percentage of Approved Estoppels, then Purchaser, as its sole and exclusive remedy, may either: (i) terminate this Agreement by written notice to Seller whereupon the Earnest Money shall be returned to
Purchaser, and the parties will have no further rights or obligations under this Agreement, except for those rights or obligations that expressly survive termination; or (ii) waive the requirement of the Approved Estoppels and proceed to
Closing without receiving any credit against or reduction of the Sales Price. 

  
 12 

 
Seller agrees that upon the request of Purchaser, Seller shall deliver to tenants under the Tenant Leases the form of subordination, non-disturbance and attornment agreement required by
Purchaser’s lender (“SNDAs”), if any, and shall request that the such tenants execute and return the SNDAs prior to Closing; provided, however, that it shall not be a condition to Closing that Seller deliver to Purchaser the
executed SNDAs and Seller’s failure to deliver the executed SNDAs to Purchaser shall not constitute a default by Seller under this Agreement. 
 9.               Broker’s Fee. Purchaser and Seller represent and warrant to each other that no real estate
commissions, finders’ fees, or brokers’ fees have been or will be incurred in connection with the sale of the Property by Seller to Purchaser other than a commission payable by Seller to Cushman & Wakefield (the
“Broker”) pursuant to a separate agreement between Seller and Broker. Each party represents to the other that, except as set forth above, it has not authorized any broker or finder to act on its behalf in connection with the sale
and purchase under this Agreement and that it has not dealt with any broker or finder purporting to act on behalf of any other party. Purchaser and Seller each hereby agree to indemnify, defend, and hold the other harmless from any claim, liability,
obligation, cost, or expense (including attorneys’ fees and expenses) for fees or commissions relating to Purchaser’s acquisition of the Property asserted against either party by any broker or other person (other than the Broker) claiming
by, through, or under the indemnifying party or whose claim is based on the indemnifying party’s acts. The provisions of this Section 9 shall survive the Closing or any termination of this Agreement. 

10.             Limitation of Seller’s
Representations and Warranties; Release.  

(a)         AS-IS. EXCEPT AS EXPRESSLY SET FORTH IN
SECTION 12 OF THIS AGREEMENT, PURCHASER ACKNOWLEDGES AND AGREES THAT PURCHASER IS PURCHASING THE PROPERTY IN AN “AS-IS” CONDITION “WITH ALL FAULTS” AND WITHOUT ANY WARRANTIES, REPRESENTATIONS OR GUARANTEES, EITHER EXPRESSED OR
IMPLIED, OF ANY NATURE WHATSOEVER FROM OR ON BEHALF OF SELLER, INCLUDING WITHOUT LIMITATION, THOSE OF FITNESS FOR A PARTICULAR PURPOSE AND USE. 
 (b)         No Reliance. Purchaser acknowledges that (i) Purchaser has had or will have, pursuant to this Agreement, an adequate opportunity
to make such legal, factual and other inquiries and investigation as Purchaser deems necessary, desirable or appropriate with respect to the Property, and (ii) except as otherwise expressly set forth in Section 12 of this Agreement and/or
the Deed, neither Seller, nor anyone acting for or on behalf of Seller, has made any representation, warranty, promise or statement, express or implied, to Purchaser, or to anyone acting for or on behalf of Purchaser, concerning the Property or the
condition, use or development thereof. Purchaser represents that, in entering into this Agreement, Purchaser has not relied on any representation, warranty, promise or statement, express or implied, of Seller, or anyone acting for or on behalf of
Seller, other than as expressly set forth in Section 12 of this Agreement and/or the Deed, and that except as set forth in Section 12 of this Agreement and the Deed, Purchaser shall purchase the Property based upon Purchaser’s own
prior investigation and examination of the Property. If Purchaser elects (A) not to inspect the Property, (B) to terminate this Agreement on or before the expiration of the Inspection Period, or (C) to proceed to Closing, such
election will be made at Purchaser’s absolute discretion, in reliance solely upon the tests, analyses, inspections and investigations that Purchaser makes, or had the right to make and opted not, or otherwise failed, to make, and not in
reliance upon any alleged representation made by or on behalf of Seller, except as set forth in Section 12 of this Agreement and in the Deed. 
 (c)         Release. Except as may be expressly provided in Section 12 of this Agreement, Purchaser, for itself and its successors in
interest, releases Seller from, and waives all claims and liability against Seller for, any structural, physical or environmental 

  
 13 

 
condition at the Property, and hereby releases Seller from, and waives all liability against Seller attributable to, the structural, physical or environmental condition of the Property, including
without limitation the presence, discovery or removal of any hazardous materials or substances in, at, about or under the Property, or connected with or arising out of any and all claims or causes of action based upon CERCLA (Comprehensive
Environmental Response, Compensation, and Liability Act of 1980, as amended by SARA Superfund Amendment and Reauthorization Act of 1986 and as may be further amended from time to time) or any related claims or causes of action or any other federal,
state or municipal based statutory or regulatory causes of action for environmental contamination at, in or under the Property. Notwithstanding any provision hereof to the contrary, the provisions of this Section 10(c) shall not apply to, and
Purchaser does not release Seller from, (a) any damages, claims, liabilities or obligations arising out of or in connection with a breach of any covenant, representation or warranty of Seller set forth in this Agreement or any of the documents
executed in connection with this Agreement, or (b) Seller’s fraud. The provisions of this Section 10 shall survive indefinitely any Closing or termination of this Agreement and shall not be merged into the Closing documents.

 11.           Default.  

(a)         Seller’s Remedies. If Purchaser fails to
purchase the Property when it is obligated to do so under the terms of this Agreement, then Seller may terminate this Agreement and, as Seller’s sole and exclusive remedy, receive the Earnest Money as liquidated damages and not as penalty.
Seller and Purchaser agree that Seller’s damages resulting from Purchaser’s default are difficult, if not impossible, to determine, and the Earnest Money is a fair estimate of those damages and has been agreed to in an effort to cause the
amount of damages to be certain. The foregoing shall not limit or impair any of Seller’s rights or Purchaser’s obligations under Sections 5(a) or 18(q) hereof. The provisions of this Section 11(a) shall survive Closing or any
termination of this Agreement. 

(b)         Purchaser’s Remedies. If Seller fails to
perform its obligations pursuant to this Agreement for any reason except failure by Purchaser to perform its obligations hereunder, or if before Closing any one or more of Seller’s representations or warranties are breached in any material
respect, and such failure (other than the failure to sell the Property when it is obligated to do so under the terms of this Agreement) is not cured within one (1) Business Day after written notice from Purchaser, then Purchaser may, as its
sole and exclusive remedy, either: (i) terminate this Agreement by giving Seller timely written notice of its election before or at Closing and recover the Earnest Money and Seller shall reimburse Purchaser for Purchaser’s out-of-pocket
expenses not to exceed Fifty Thousand and No/100 Dollars ($50,000.00); (ii) enforce specific performance of Seller’s obligations under this Agreement; or (iii) waive Seller’s failure or breach and proceed to Closing.
Notwithstanding anything herein to the contrary, Purchaser shall be deemed to have elected to terminate this Agreement if Purchaser fails to deliver to Seller written notice of its intent to file a claim or assert a cause of action for specific
performance against Seller on or before ten (10) Business Days following the scheduled Closing Date or, having given that notice, fails to file a lawsuit asserting the claim or cause of action in Salt Lake County, Utah, within thirty (30)
days following the scheduled Closing Date. Unless Purchaser in good faith either (1) disputes an allegation of Purchaser’s default and promptly files suit for declaratory judgment or (2) alleges a Seller default that continues after
the notice and cure period set forth above and timely files suit for specific performance and the action is pending, Purchaser may not place a lis pendens against all or any portion of the Property unless such lis pendens is in
connection with the suit for specific performance, and Purchaser hereby waives and releases any right it may have under applicable law to file any lis pendens. In no event or circumstance shall Purchaser be entitled to any consequential,
special or punitive damages. Purchaser’s remedies shall be limited to those described in this Section 11(b). The provisions of this Section 11(b) shall survive the Closing or any termination of this Agreement. 

12.           Representations and Warranties of Seller.
 

  
 14 

 (a)
           Representations and Warranties. Seller hereby represents and warrants to Purchaser, which representations and warranties shall be deemed made by Seller to Purchaser as of
the Effective Date and also as of the Closing Date, that: 

(i)         Parties in Possession. There are no parties in
possession of any portion of the Property except Seller and tenants under Tenant Leases, the licensees under the Licenses and the tenant under the Garage Lease. 

(ii)         Authority. Seller has the power and authority to
sell and convey the Property as provided in this Agreement and to carry out Seller’s obligations under this Agreement, and that all requisite limited liability company action necessary to authorize Seller to enter into this Agreement and to
carry out Seller’s obligations under this Agreement has been, or on the Closing Date will have been, taken. 
 (iii)     Tenant Leases. The list of Tenant Leases attached as Exhibit G is a list of those leases with tenants which are currently in effect with respect to
the Property. Except as (a) may have been disclosed to Purchaser in writing prior to the Effective Date, (b) is otherwise indicated by the contents of the Due Diligence Materials, including the Tenant Leases, lease files made available to
Purchaser for its inspection and tenant delinquency reports, or (c) is included in the Approved Estoppels (1) the Tenant Leases are in full force and effect, (2) Seller has no actual knowledge of any existing uncured default by either
party under any of the Tenant Leases except as noted on Exhibit G-1, (3) no other leases, amendments, modifications or waivers to any Tenant Leases, are in effect with respect to the Property, other than the Tenant Leases, and
(4) to the knowledge of Seller the copies of the Tenant Leases made available by Seller for review by Purchaser are true and complete copies of the Tenant Leases. Other than as set forth on Exhibit H-1, all leasing commissions payable
with respect to the Tenant Leases have been paid in full. 

(iv)     Contracts. Seller has no knowledge of the existence of any contracts
affecting the Property other than those listed on Exhibit H, or of the existence of any written amendments or modifications of any Contract, a copy of which has not been made available to Purchaser. 

(v)         Operating Statements. To Seller’s actual
knowledge, the operating statements for the Property relating to the period of Seller’s ownership of the Property made available to Purchaser pursuant to this Agreement are the operating statements used by Seller in its operation of the
Property. 
 (vi)     No Notice of Violations. Except as set forth on
Exhibit I, Seller has received no written notice (that remains uncured) from any government agency having jurisdiction over the Land or Improvements that considers either the construction of the Improvements or the operation or use of the
Property to be in violation of any law, ordinance, regulation, or order. 

(vii)     No Litigation; Eminent Domain. Except as set forth on Exhibit I,
there are no actions, suits or proceedings pending for which Seller has received service of process, before or by any judicial, administrative or union body, any arbiter or any governmental authority, against or affecting Seller or the Property.
Seller has not received any written notice of a pending or threatened eminent domain or similar proceeding that would affect the Land or Improvements. 
 (viii)     Not a Foreign Person. Seller is not a “foreign person” as defined in Section 1445 of the Internal Revenue Code of 1986, as amended, and the
Income Tax Regulations thereunder. 
 (ix)       OFAC.
Seller is not a person or entity described by Section 1 of the Executive Order (No. 13,224) Blocking Property and Prohibiting Transactions With Persons Who Commit, 

  
 15 

 
Threaten to Commit, or Support Terrorism, 66 Fed. Reg. 49,079 (September 25, 2001), and does not engage in any dealings or transactions, and is not otherwise associated, with any of those persons
or entities. 
 (b)            Seller’s
Knowledge. Whenever the phrases “to Seller’s actual knowledge” or “to the best of Seller’s knowledge” or any similar phrase is used herein, those phrases mean the present, actual knowledge (as
opposed to the imputed knowledge), without inquiry or investigation, of the fact or condition by Mark Reinikka and Ken Shields (collectively, “Seller’s Representative”). The representations and warranties contained in
Section 12 are the representations and warranties of Seller, not Seller’s Representative, and shall not create any individual liability for Seller’s Representative. 

(c)            Conditions Precedent to Seller’s
Obligation to Close. In addition to all other conditions set forth in this Agreement, the obligation of Seller to consummate the transactions contemplated hereunder is conditioned upon the following (or written waiver thereof by Seller):

 (i)         Representations and Warranties. All of
Purchaser’s representations and warranties shall be true and correct in all material respects. If the representations and warranties of Purchaser are not true and correct in all material respects on the Closing Date, then Seller may, at its
option, (i) waive this condition and close this transaction in accordance with the terms and provisions of this Agreement, or (ii) terminate this Agreement by notice in writing to Purchaser whereupon neither party shall have any further
rights or obligations under this Agreement, other than rights or obligations that expressly survive termination. 
 (ii)         Delivery. As of the Closing Date, the Purchaser shall have tendered all deliveries to be made at Closing. 

(iii)         Actions, Suits, etc. There shall exist no pending
actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, actually filed against the Purchaser that would (i) prevent Purchaser from
performing its obligations under this Agreement, or (ii) materially and adversely affect the operation or value of the Property. 
 (iv)         Performance of Covenants. Purchaser shall have duly performed all covenants and agreements to be performed by Purchaser under this
Agreement. 
 (d)            Conditions Precedent
to Purchaser’s Obligation to Close. In addition to all other conditions set forth in this Agreement, the obligation of Purchaser to consummate the transactions contemplated hereunder is conditioned upon the following (or written waiver
thereof by Purchaser): 
 (i)          Representations and
Warranties. All of Seller’s representations and warranties shall be true and correct in all material respects. If the representations and warranties of Seller are not true and correct in all material respects on the Closing Date, then
Purchaser may, at its option, (i) waive this condition and close this transaction in accordance with the terms and provisions of this Agreement, or (ii) terminate this Agreement by notice in writing to Seller and receive back the Earnest
Money whereupon neither party shall have any further rights or obligations under this Agreement, other than rights or obligations that expressly survive termination. 

(ii)          Delivery. As of the Closing Date, Seller shall
have tendered all deliveries to be made at Closing. 

(iii)         Actions, Suits, etc. There shall exist no pending
actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, actually filed against Seller that would (i) prevent Seller from performing

  
 16 

 
its obligations under this Agreement, or (ii) materially and adversely affect the operation or value of the Property. 

(iv)          Tenant Estoppel Certificates. The Tenant Estoppel
Condition referenced in Section 8 shall have been satisfied. 

(v)           Issuance of Title Policy. At Closing, the
Title Company shall have irrevocably committed to issue the Approved Owner Policy upon the Closing. 

(vi)          Performance of Covenants. Seller shall have duly
performed all covenants and agreements to be performed by Seller under this Agreement. 

(vii)         No Material Changes. As of the Closing Date, there
shall have been no material adverse changes since the date of this Agreement in the operating condition of any building systems or equipment serving the Property. 

(viii)        RDA Estoppel. On or before the Estoppel Deadline, Purchaser
shall have received an estoppel letter executed by the RDA and the Sale Lake City Corporation regarding the TIF Agreement and other matters set forth therein and substantially in the form attached hereto as Exhibit J (the “RDA
Estoppel”). 
 (ix)          TIF Assignment.
On or before the Closing Date, Purchaser shall have received a consent to the TIF Assignment executed by the RDA and the Salt Lake City Corporation which said consent shall be substantially in the form described in Section 4(b)(viii) of this
Agreement. 
 (x)           Vault Lease Consent.
A consent from Salt Lake City Corporation to the transfer of the Vault Lease to Purchaser. 

(xi)          Tunnel Easement Estoppel. An estoppel letter from
the other party to the Easement Agreement (Tunnel Access) dated February 1, 2008, stating that Seller is not in default under the terms thereof. 
 (e)            Survival Period. Subject to the provision of Section 12(f) and notwithstanding anything else to the contrary
contained in this Agreement, in any exhibits attached hereto, or in any documents executed or to be executed at Closing or otherwise in connection herewith (collectively, the “Purchase Documents”), all of Seller’s
representations, warranties, covenants, undertakings, indemnities, and agreements contained in any of the Purchase Documents (collectively, “Seller’s Undertakings”) shall survive the Closing for a period of nine (9) months
(the “Survival Period”). Purchaser acknowledges that it is a sophisticated purchaser who is familiar with the ownership and operation of real estate projects similar to the Property, and Purchaser and Seller have negotiated and
agreed upon the length of the Survival Period as an adequate period of time for Purchaser to discover any and all facts that could give rise to a claim or cause of action for a breach of a representation. Purchaser may bring an action against Seller
on the breach of any Seller’s Undertakings, but only if: (i) Purchaser first obtains actual knowledge of the breach after Closing and files the action within the Survival Period and (ii) the damage to Purchaser on account of the
breach (individually or when combined with damages from other breaches) equals or exceeds Fifty Thousand and No/100 Dollars ($50,000.00). Furthermore, Purchaser agrees that Seller’s liability, however and whenever arising, whether based on or
through, directly or indirectly, in whole or in part, any breach of Seller’s Undertakings, at law or in equity, or any other claim or basis arising under the Purchase Documents or with respect to the Property, at law or in equity, shall not
exceed, in the aggregate, One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00) (the “Cap”); provided, however, the Cap shall not apply any of Seller’s obligations under

  
 17 

 
Section 4(e) of this Agreement or Seller’s indemnity obligations under Section 9 of this Agreement. The provisions of this Section 12(e) shall survive the Closing. 

(f)            Untrue Representation or Warranty.
If Purchaser obtains knowledge prior to the Closing that any representation or warranty of Seller herein is incorrect in any material respect and Purchaser elects to consummate the transaction contemplated hereby, Purchaser will be deemed to have
forever waived any right to recover from Seller on account of such incorrectness. 
 13.
          Covenants of Seller.  
 (a)
           General. From the Effective Date until Closing, Seller will: 
 (i)         Operations. Maintain and operate the Property in its current state and condition, reasonable wear and tear and damage from casualty
excepted. 
 (ii)         Insurance. Continue all
insurance policies relative to the Property in full force and effect. 

(iii)        Transfer or Removal of Property. Not remove any item
of Personal Property from the Land or Improvements unless replaced by a comparable item of Personal Property, except for any dead landscaping, which Seller shall have no obligation to replace. Not otherwise transfer or assign any of Seller’s
interest in any of the Property. 

(iv)         Contracts. Prior to the expiration of the
Inspection Period, refrain from entering into or amending any Contracts, or other agreements (excluding leases) regarding the Property, other than contracts in the ordinary and usual course of business and which are cancelable by the owner of the
Property without penalty within thirty (30) days after giving notice thereof, and which Seller has provided Purchaser with written notice thereof. Following the expiration of the Inspection Period, Seller shall not enter into or amend any
Contracts, or other agreements (excluding leases) regarding the Property without the prior written consent of Purchaser, which may be withheld by Purchaser in its sole and absolute discretion; provided that Seller shall terminate the existing
property management agreement effective as of the Closing Date.. 

(v)          Notices. Provide Purchaser with copies of
all written notices received by Seller after the Effective Date which assert any breach of Tenant Leases, Contracts, laws, covenants or permits applicable to the Property, or that would cause any of Seller’s representations and warranties
hereunder to be untrue. 
 (b)
           Leasing. Seller shall promptly notify Purchaser in writing of each proposed renewal, expansion, extension or material modification of an existing Tenant Lease and each
proposed new Tenant Lease. In the event that Seller wishes to execute a renewal, expansion, extension or material modification of an existing Tenant Lease or a new Tenant Lease after the Effective Date and prior to Closing, Seller shall submit to
Purchaser a copy of each such proposed renewal, expansion, extension or material modification of an existing Tenant Lease or new Tenant Lease that Seller wishes to execute and Purchaser shall give notice to Seller in writing, within five
(5) Business Days after delivery thereof that Purchaser either approves or disapproves the renewal, expansion, extension or material modification of the existing Tenant Lease or the new Tenant Lease, including all Tenant Inducement Costs and
leasing commissions to be incurred in connection therewith, which approval shall not be unreasonably withheld by Purchaser prior to the expiration of Purchaser’s Inspection Period and which may be withheld in Purchaser’s sole and absolute
discretion after the expiration of Purchaser’s Inspection Period; provided that if any such renewal, expansion or extension is pursuant to an option or other right expressly contained in a Tenant Lease, Purchaser shall be deemed to have
approved such properly exercised renewal, expansion or extension. If Purchaser timely disapproves such 

  
 18 

 
renewal, expansion, extension or material modification of an existing Tenant Lease or new Tenant Lease, Seller shall not execute the disapproved renewal, expansion, extension or material
modification of the existing Tenant Lease or the disapproved new Tenant Lease. In the event Purchaser fails to notify Seller in writing of Purchaser’s approval or disapproval within such period of five (5) Business Days, such failure shall
be deemed approved by Purchaser. Subject to the provisions of Section 4(e) above, at Closing, Purchaser shall reimburse Seller for all Tenant Inducement Costs, leasing commissions or other expenses, including reasonable legal fees, paid by
Seller pursuant to every renewal or expansion or material modification of an existing Tenant Lease and every new Tenant Lease approved (or deemed approved) by Purchaser and executed after the Effective Date, but only to the extent the amounts of
such Tenant Inducement Costs, leasing commissions or other expenses are disclosed to Purchaser in writing on or before the Effective Date, or, as to those new Tenant Leases or any renewal or expansion or material modification of an existing Tenant
Lease exercised or executed after the Effective Date, are disclosed to Purchaser in writing at the time the same are entered into. 
 14.           Representations and Warranties of Purchaser. Purchaser represents and warrants to Seller, which representations and
warranties shall be deemed made by Purchaser to Seller as of the Effective Date and also as of the Closing Date: 
 (a)         Authority. Purchaser has the full right, power and authority to purchase the Property as provided in this Agreement and to carry out
Purchaser’s obligations hereunder, and that all requisite action necessary to authorize Purchaser to enter into this Agreement and to carry out Purchaser’s obligations hereunder has been taken. 

(b)         OFAC. Purchaser is not a person or entity
described by Section 1 of the Executive Order (No. 13,224) Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism, 66 Fed. Reg. 49,079 (September 25, 2001), and to Purchaser’s
knowledge does not engage in any dealings or transactions, and is not otherwise associated, with any of those persons or entities. 
 (c)         ERISA. No party-in-interest relationship exists between the Purchaser and Honeywell International Inc. Master Retirement Trust (the
“Trust”) such that this Agreement or any of the transactions contemplated in this Agreement is or will be a non-exempt prohibited transaction under ERISA or the Internal Revenue Code (the “Code”). The term
“party-in-interest” shall have the same meaning as set forth in Section 3(14) of ERISA. The term “prohibited transaction” shall have the meaning set forth in Section 4975(c) of the Code or Section 406
of ERISA, as applicable 

15.           Condemnation. In the event that all or
any substantial portion of the Project shall be taken in condemnation or under the right of eminent domain prior to the Closing Date, Seller shall promptly notify Purchaser thereof. Within ten (10) Business Days after receipt of the foregoing
notice, Purchaser shall notify Seller, electing either: (a) to proceed with this transaction and Closing in accordance with this Agreement notwithstanding such condemnation; or (b) to terminate this Agreement, receive a refund of the
Earnest Money and neither party shall have any further rights or obligations under this Agreement except for those that expressly survive termination. If Purchaser elects to proceed with this transaction pursuant to clause (a) above, or if
there is a taking in condemnation or eminent domain that does not affect a substantial portion of the Property, there shall be no reduction in the Sales Price and Seller shall (i) deliver to Purchaser at the Closing, or as soon thereafter as
available, any proceeds actually received by Seller attributable to the Property from such condemnation or eminent domain proceeding, and (ii) transfer and assign to Purchaser any and all rights Seller may have with respect to payments by or
from and with respect to recovery against any party for damages or compensation relating to the Property on account of such condemnation or eminent domain proceeding. A failure by Purchaser to notify Seller in writing within ten (10) Business
Days after receiving written notice of such taking shall be deemed an election to proceed under clause (a) in this Section 15. If Purchaser elects (or is deemed to elect) to proceed under clause (a) in this Section 15, Seller
shall not 

  
 19 

 
compromise, settle or adjust any claims to such award without Purchaser’s prior written consent. For purposes of this provision, a “substantial portion” of the Project shall
be deemed to include (A) any taking of any portion of the building on the Land or the Land underlying the building, (B) any taking which gives rise to a right on behalf of any tenant under a Tenant Lease to terminate its Tenant Lease or
abate rent, (C) any taking which causes access to or parking on the Property to be adversely affected, or (D) any taking which results in the Property violating any laws or failing to comply with zoning or any covenants, conditions or
restrictions affecting the Property. 

16.           Damage to Property. Seller agrees to
give Purchaser prompt notice of any fire or other casualty affecting the Land, the Improvements, or the Personal Property between the Effective Date and the Closing. 

(a)         If, before Closing, the Property is damaged (i) by
an insured fire or other casualty that would cost One Million and no/100 Dollars ($1,000,000.00) or more to repair, (ii) by an uninsured casualty that Seller is unwilling or unable to repair on or before Closing, (iii) which causes access
to or parking on the Property to be materially and adversely affected, (iv) which results in the Property violating any laws or failing to comply with zoning or any covenants, conditions or restrictions affecting the Property, or (v) which
gives rise to a right on behalf of any tenant under a Tenant Lease to terminate its Tenant Lease (collectively, a “Major Casualty”), then Purchaser may, at its option, elect to terminate this Agreement by written notice to Seller
within twenty (20) days after the date of Seller’s notice to Purchaser of the casualty or at the Closing, whichever is earlier, in which case the Earnest Money shall be refunded to Purchaser, and neither party shall have any further rights
or obligations under this Agreement, other than rights and obligations that expressly survive termination. If Purchaser fails to timely makes its election to terminate this Agreement pursuant to this Section 16 and the casualty is insured, then
the Closing shall take place as provided herein, the Sales Price shall be reduced by an amount equal to Seller’s deductible under its insurance policies, and Seller shall assign to Purchaser at the Closing all of Seller’s interest in and
to any casualty insurance proceeds that may be payable to Seller on account of the occurrence, including, to the extent assignable, the proceeds of any business interruption or loss of rental insurance. If Purchaser fails to timely makes its
election to terminate this Agreement pursuant to this Section 16 and the casualty is uninsured, then the Closing shall take place as provided herein, Purchaser shall accept the Property in its condition at Closing and the Sales Price shall not
be reduced. 
 (b)         If, before Closing, the Property
is damaged by a fire or other casualty that is not a Major Casualty or if an uninsured casualty and Seller repairs the damage before Closing, then Purchaser may not terminate this Agreement, and if the casualty is insured, the Sales Price shall be
reduced by an amount equal to Seller’s deductible under its insurance policies, and Seller shall assign to Purchaser at the Closing all of Seller’s interest in and to any casualty insurance proceeds that may be payable to Seller on account
of the occurrence, including, to the extent assignable, the proceeds of any business interruption or loss of rental insurance. 
 (c)         Seller and Purchaser both agree to use the Seller’s insurance adjuster’s assessment to determine the amount of damages.

 17.           Assignment. Purchaser may
not assign this Agreement without Seller’s prior written consent, which consent shall be given or denied in Seller’s sole and absolute discretion, except that Purchaser may make a one time assignment of this Agreement to an entity that is
a real estate investment trust (“REIT”) (or that is wholly owned directly or indirectly by a REIT) for which Purchaser or an affiliate of Purchaser acts as the investment advisor without the prior written consent of Seller; provided,
however, that (a) Purchaser shall not be released from any of its liabilities and obligations under this Agreement by reason of such designation or assignment; and (b) such designation or assignment shall not be effective until Purchaser
has provided Seller with a fully executed copy of such designation or assignment and assumption instrument, which shall (i)

  
 20 

 
provide that Purchaser and such designee(s) or assignee(s) shall be jointly and severally liable for all liabilities and obligations of Purchaser under this Agreement, (ii) include a
representation and warranty in favor of Seller that all representations and warranties made by Purchaser in this Agreement are true and correct with respect to such designee(s) or assignee(s) as of the date of such designation or assignment, and
will be true and correct as of the Closing, and (iii) otherwise be in customary form and substance reasonably satisfactory to Seller. If Purchaser’s assignee or nominee has satisfied Purchaser’s obligations under this Agreement as of
the Closing Date, then Purchaser shall automatically be released from any further obligations or responsibilities under this Agreement upon the Closing except the indemnity provision contained in Section 5(a) hereof. 

18.             Miscellaneous.

 (a)         Notice. All notices, demands, and
requests and other communications required or permitted under this Agreement must be in writing and will be deemed to be delivered when actually received by facsimile or personal delivery or, if earlier and regardless whether actually received or
not, (i) upon deposit with a nationally recognized overnight courier for next Business Day delivery, charges prepaid, or (ii) upon three (3) Business Days following deposit in a regularly maintained receptacle for the United States
mail, registered or certified, postage prepaid, in either event to be addressed to the addressee as follows: 
  

							
		    	If to Seller:	  	 Bentall Kennedy (U.S.) Limited Partnership
 Attn: Bassam Jurdi and Mark Reinikka
 1215 Fourth Avenue, Suite 2400

Seattle, WA 98161-1085
 Phone:
206-623-4739
 Fax:     206-682-4769
  

and
  
 HP 222 South Main Street, LLC
 c/o Hamilton Partners

Attn: Bruce Bingham
 222 S. Main Street, Suite
1870
 Salt Lake City, Utah 84101
	  	
				
		    	With a copy to:	  	 Burke, Warren, MacKay & Serritella, P.C.
 330 N. Wabash Avenue, Suite 2100
 Chicago, IL 60611

Attn.: Douglas E. Wambach
 Phone:
312-840-7019
 Fax:     312-840-7900
	  	
				
		    	If to Purchaser:	  	 KBSIII 222 Main, LLC
 620
Newport Center Drive, Suite 1300
 Newport Beach, CA 92660
 Attn: Rodney Richerson
 Phone: 949-417-6515
 Fax:     949-417-6518
	  	

  
 21 

							
	 	  	With a copy to:	  	 KBSIII 222 Main, LLC
 620
Newport Center Drive, Suite 1300
 Newport Beach, CA 92660
 Attn: Jim Chiboucas, Esq.
 Phone: 949-417-6555

Fax:     949-417-6523
  

and
  
 Greenberg Traurig LLP
 3161 Michelson Drive, Suite 1000

Irvine, CA 92612
 Attn: L. Bruce Fischer,
Esq.
 Phone: 949-732-6670

Fax:     949-732-6501
	 	 

 Notices given by counsel for Purchaser shall be deemed given by Purchaser and notices
given by counsel for Seller shall be deemed given by Seller. 

(b)         Governing Law. This Agreement will be construed
under and in accordance with the laws of the State of Utah, and all obligations of the parties created hereunder are performable in Salt Lake County, Utah. 
 (c)         Attorney’s Fees. Any party to this Agreement who is the prevailing party in any legal proceeding against the other party brought
under or with respect to this Agreement or transaction will be additionally entitled to recover court costs and reasonable attorneys’ fees from the non-prevailing party. 

(d)         Exculpation for Liability. None of the
Seller’s members, officers, directors, agents, employees, affiliates, investment advisors or trustees shall have any personal liability of any kind or nature, nor shall Purchaser have the right to receive any judgment or otherwise recover
against the assets of the aforesaid, under or arising out of or in any way relating to this Agreement and the transactions contemplated under this Agreement. Purchaser hereby waives for itself and anyone who may claim by, through or under Purchaser
any and all rights to sue or recover on account of any such alleged personal liability or to receive any judgment or otherwise recover against the assets of any member, officer, director, agent, employee, affiliate, investment advisor or trustee of
Seller. 
 (e)         Successors and Assigns. This
Agreement will be binding upon and inure to the benefit of the parties hereto, their respective heirs, executors, administrators, legal representatives, successors, and permitted assigns. 

(f)         Severability. If any one or more of the
provisions contained in this Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, that invalidity, illegality, or unenforceability shall not affect any other provision hereof, and this Agreement shall be
construed as if the invalid, illegal, or unenforceable provision had never been contained herein. Furthermore, in lieu of any invalid, illegal, or unenforceable provision, there shall be automatically added to this Agreement a provision as similar
to the illegal, invalid, or unenforceable provision as may be possible and be legal, valid, and enforceable. 

(g)         Entire Agreement. This Agreement
(i) constitutes the sole and only agreement of the parties hereto with respect to the subject matter hereof (ii) supersedes any prior understandings or written or 

  
 22 

 
oral agreements between the parties respecting the subject matter hereof, and (iii) cannot be changed except by their written consent. 

(h)         Time for Performance. Time is of the essence with
this Agreement. 
 (i)         References. All
references to “Sections” contained in this Agreement are, unless specifically indicated otherwise, references to articles, sections, subsections, and paragraphs of this Agreement. Whenever in this Agreement the singular number is used, the
same shall include the plural where appropriate (and vice versa), and words of any gender shall include each other gender where appropriate. All references to “Exhibits” and “Schedules” are, unless specifically indicated
otherwise, references to exhibits, schedules, and attachments to this Agreement, which are incorporated into this Agreement by each reference. 
 (j)         Survival. Except for those covenants or other obligations of Seller or Purchaser expressly referenced in Sections 4(e), 5, 9, 10, 11,
12(e), 12(f), 18 (q) and 18(r), which such covenants or obligations shall survive for the periods provided in this Agreement (or, if no period is provided, indefinitely) and shall not be deemed to have merged or terminated at the Closing or any
termination or cancellation of this Agreement, none of the covenants or other obligations of Seller or Purchaser shall survive the Closing. 
 (k)         Counterparts. The parties may execute this Agreement in one or more identical counterparts, all of which when taken together will
constitute one and the same instrument. A facsimile or electronic mail transmission shall be binding on the party or parties whose signatures appear thereon. If so executed, each counterpart is to be deemed an original for all purposes, and all
counterparts shall, collectively, constitute one agreement, but in making proof of this Agreement, it shall not be necessary to produce or account for more than one counterpart. 

(l)         Rule of Construction. The parties hereto
acknowledge that the parties and their respective counsel have each reviewed and revised this Agreement, and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed
in the interpretation of this Agreement or any amendments or exhibits hereto. 

(m)         No Recording of Agreement. Neither party (nor any
of their respective agents or representatives) shall record this Agreement (or any memorandum or short form of this Agreement) without the prior written consent of the other. 

(n)         Waiver of Jury Trial. Each party hereto,
knowingly and voluntarily, and for their mutual benefit, waives any right to trial by jury in the event of litigation regarding the performance or enforcement of, or in any way related to, this Agreement 

(o)         Business Day. “Business Day”
means a date that is not a Saturday, Sunday or holiday observed by federally chartered banks in the State where the Property is located. Whenever any determination is to be made or action to be taken on a date specified in this Agreement, if the
date falls upon a date that is not a Business Day, the date for the determination or action shall be extended to the first Business Day immediately thereafter. Unless otherwise specified in this Agreement, the last day of any period of time
described herein shall be deemed to end at 5:00 p.m. local time in the State where the Property is located. 
 (p)         Effective Date. The “Effective Date” of this Agreement shall be the date an original of this Agreement (or original
counterparts of this Agreement) is executed by both Seller and Purchaser and each party has received a fully executed copy thereof. 
 (q)         Confidentiality. Except as otherwise expressly permitted in this Agreement, Purchaser and Seller shall make no public
announcement or disclosure of any information related to this 

  
 23 

 
Agreement to outside brokers or third parties, before or after the Closing, without the prior written consent of the other party; provided, however, that each party shall have the right to make
such disclosures as may be required under laws or regulations applicable to such party and as are needed for the transaction to occur (i.e., consultants, capital sources, etc.). Notwithstanding the foregoing and anything to the
contrary in this Section 18(q), nothing contained herein shall impair Purchaser’s (or its permitted assignee’s) right to disclose information relating to this Agreement or the Property (a) to any due diligence representatives
and/or consultants that are engaged by, work for or are acting on behalf of, any securities dealers and/or broker dealers evaluating Purchaser or its permitted assignees, (b) in connection with any filings (including any amendment or supplement
to any S-11 filing) with governmental agencies (including the SEC) by any REIT holding, or considering holding, an interest (direct or indirect) in any permitted assignee of Purchaser, and (c) to any broker/dealers in the REIT’s
broker/dealer network and any of the REIT’s investors. In the event of any breach or threatened breach by either party of the terms of this Section 18(q), the other party, in addition to and not in limitation of any other rights, remedies,
or damages available to it at law or in equity, shall be entitled to obtain temporary, preliminary and permanent injunctions in order to prevent or restrain any such breach by any such party or persons acting, directly or indirectly, in concert or
participation with such party and the non-breaching party shall not be required to post a bond as a condition for the granting of such relief. 
 (r)         Net Worth. Seller hereby covenants that, from the Closing Date to the end of the Survival Period, or, in the event Purchaser has
properly brought an action against Seller on the breach of any of Seller’s Undertakings within the Survival Period, to the conclusion of such action, Seller shall have and maintain a liquid net worth of no less than One Million Five Hundred
Thousand No/100 Dollars ($1,500,000.00) (“Minimum Net Worth Requirement”). “Net worth” shall mean Seller’s assets minus its liabilities as determined in accordance with generally accepted accounting principles. From
time to time during the Survival Period, at Purchaser’s request, Seller shall provide reasonable evidence of the Seller’s liquid net worth. The provisions of this Section 18(r) shall survive Closing. 

(s)         Schedule and Exhibits. The following schedules
and exhibits are hereby incorporated into this Agreement: 
  

							
		 	Exhibit A	  	-	  	Legal Description of Land
		 	Exhibit B	  	-	  	Special Warranty Deed
		 	Exhibit C	  	-	  	Bill of Sale
		 	Exhibit D	  	-	  	Assignment and Assumption of Leases and Contracts
		 	Exhibit E	  	-	  	Non-Foreign Affidavit
		 	Exhibit F	  	-	  	Form of Tenant Estoppel Letter
		 	Exhibit F-1	  		  	H&H Estoppel
		 	Exhibit G	  	-	  	List of Tenant Leases, Licenses and Garage Lease
		 	Exhibit G-1	  		  	List of Tenant Defaults
		 	Exhibit H	  	-	  	List of Contracts
		 	Exhibit H-1	  		  	Assumed Commissions
		 	Exhibit I	  	-	  	Litigation
		 	Exhibit J	  		  	RDA Estoppel
		 	Schedule 1	  	-	  	List of Personal Property
		 	Schedule 2	  	-	  	Purchaser’s 3-14 Audit Documents

  
 24 

 EXECUTED to be effective as of the Effective Date. 

 

															
		 	PURCHASER:	  	
			
		 	KBSIII 222 MAIN, LLC,
a Delaware limited liability company	  	
				
		 	By:	    	KBSIII REIT ACQUISITION XIII, LLC,	  	
		 		    	a Delaware limited liability company,
its sole member	  	
					
		 		    	By:	    	KBS REIT PROPERTIES III, LLC,	  	
		 		    		    	a Delaware limited liability company,
its sole member	  	
						
		 		    		    	By:	    	KBS LIMITED PARTNERSHIP III,	  	
		 		    		    		    	a Delaware limited partnership,
its sole member	  	
							
		 		    		    		    	By:	    	KBS REAL ESTATE INVESTMENT TRUST III, INC.,	  	
		 		    		    		    		    	a Maryland corporation,
its general partner	  	
								
		 		    		    		    		    	By:	  	/s/ Charles J. Schreiber,
Jr.                        	  	
		 		    		    		    		    		  	Charles J. Schreiber, Jr.,	  	
		 		    		    		    		    		  	Chief Executive Officer	  	
								
		 		    		    		    		    	Date:	  	January 31, 2014	  	

 [signature page follows] 

  
 25 

											
	SELLER:
	
	 222 S. MAIN INVESTMENTS LLC,
 a Delaware limited liability company

		
	By:	    	Honeywell 222 South Main Street LLC,
		    	a Delaware limited liability company
	Its:	    	Manager
			
		    	By:	    	The Northern Trust Company, as trustee for the Honeywell International Inc. Master Retirement Trust
		    	Its:	    	Sole member
				
		    		    	By:	    	Bentall Kennedy (U.S.) LP, a Washington limited partnership
		    		    	Its:	    	Investment manager and authorized signatory
					
		    		    		    	By:	  	 Bentall Kennedy (U.S.) GP, LLC, a Washington limited liability company

		    		    		    	Its:	  	 General Partner

 
			
		
		    	By: /s/ Mark D. Reinkka

 
			
		    	Name: Mark D. Reinkka

 
			
		    	Title: Senior Vice President

 
			
		
		    	By: /s/ Scott Gannon

 
			
		    	Name: Scott Gannon

 
			
		    	Title: Senior Vice President

 
			
		
		    	Date: January 31, 2014

 [Signature Page Follows] 

  
 26 

			
	TITLE COMPANY:
	
	 Receipt of $5,000,000.00 Earnest Money is acknowledged. Title Company agrees to hold the Earnest Money in accordance with the terms of this
Agreement.

	
	First American Title Insurance Company
		
	By:	 	/s/ Karl Norambuena
	Name:	 	Karl Norambuena
	Title:	 	Comm. Closing Officer
	Date:	 	February 3, 2014

 EXHIBIT A 

to 

Purchase and Sale Agreement 
 LEGAL DESCRIPTION OF LAND 
 PARCEL 1: 

A part of Lot 7 and Lot 8, Block 58, Plat “A”, Salt Lake City Survey, in Salt Lake City, Salt Lake County, Utah: 

Beginning at a point on the East line of Lot 8, Block 58, Plat “A”, Salt Lake City Survey, said point being South
0°01’10” East along said East line 56.63 feet from the Northeast corner of said Lot 8, Block 58; thence South 0°01’10” East along said East line 215.90 feet; thence South 89°58’19” West 165.13 feet; thence
South 0°01’10” East 57.50 feet; thence South 89°58’19” West 165.13 feet; thence North 0°01’10” West 82.50 feet; thence North 89°58’19” East 50.04 feet; thence North 0°01’10” West
80.50 feet; thence South 89°58’19” West 36.38 feet; thence North 0°01’10” West 57.00 feet; thence South 89°58’19” West 2.60 feet; thence North 0°01’10” West 110.00 feet; thence North
89°58’19” East 35.58 feet; thence South 0°01’10” East 111.08 feet; thence North 89°58’50” East 65.67 feet; thence North 0°01’10” West 3.67 feet; thence North 89°58’50” East 63.63
feet; thence North 0°01’10” West 29.88 feet; thence North 89°58’50” East 47.33 feet; thence North 0°01’10” West 20.94 feet; thence North 89°58’50” East 106.98 feet to the point of beginning.

 PARCEL 2: 
 Together with a perpetual non-exclusive right of way for all purposes of ingress and egress in common with others upon and over the surface of the following described real property: 

Commencing at the Southeast corner of Lot 2, Block 58, Plat “A”, Salt Lake City Survey, and running thence North 300.00 feet;
thence West 30.00 feet; thence South 300.00 feet to a point due west of the point of beginning; thence East 30.00 to the point of beginning. 
 PARCEL 3: 
 Together with a perpetual non-exclusive easement and right of
way upon, over and across the surface of the following described real property: 
 Beginning at a point on the South right of
way line of 200 South Street, said point being North 89°58’19” East 46.63 feet from the Northwest corner of Lot 7, Block 58, Plat “A” Salt Lake City Survey and running thence North 89°58’19” East along said
South right of way line, 25.00 feet; thence South 0°01’10” East 111.08 feet; thence South 89°58’19” West 25.00 feet; thence North 0°01’10” West 111.08 feet to the point of beginning. 

  
 Exhibits
– Page 1 

 EXHIBIT B 

to 

Purchase and Sale Agreement 
 FORM OF SPECIAL WARRANTY DEED 
 When recorded, return to: 

SPECIAL WARRANTY DEED 
                                 , a
Delaware limited liability company, “Grantor” having an address of
                                         
                   , hereby conveys and warrants against all claiming by, through or under it to
                    , a
                     limited liability company, “Grantee”, of
                                , for the sum of TEN DOLLARS ($10.00) and other
good and valuable consideration, the following described tract of land in Salt Lake County, State of Utah (the “Property”) together with all improvements and fixtures thereon and all rights and appurtenances thereto (collectively,
“Appurtenances”): 
 See Attached Exhibit A 
 together with a non-exclusive lease, as set forth in that certain Lease Agreement to Occupy Public Property between Salt Lake City Corporation and 222 S. Main Investments LLC, a Delaware limited liability
company dated March 12, 2012, relating to a 47.99’ x 22.75’ subterranean vault under the surface of the sidewalk immediately to the east of the above-described Property, 

Subject only to those matters set forth on Exhibit B attached hereto. 

TO HAVE AND TO HOLD the Property, together with the Appurtenances, unto Grantee and its assigns forever. Grantor does
hereby covenant to and with Grantee that it is the owner in fee simple of the Property and that it will warrant and defend the Property unto Grantee and its successors and assigns from and against all lawful claims arising by, through or under
Grantor, but not otherwise. 
 WITNESS the hand of said grantor, this
             day of
                                , 2014. 

 

			
	                           
             ,
	a Delaware limited liability company
		
	Name:	 	  

			
	By:	 	  

	Its:	 	  

 STATE OF UTAH 
 COUNTY OF SALT LAKE 
 On the
             day of
                                    , 2014 personally appeared
before me                                      who duly
acknowledged to me that he executed the foregoing Special Warranty Deed as
                                     of
                                    . 

 

	
	                             
                                       

	Notary Public

  
 Exhibits
– Page 2 

 EXHIBIT A 

to 

Special Warranty Deed 
 LEGAL DESCRIPTION 
 Said property is also known by the street address of:

 Parcel ID
No.                                        
                 

  
 Exhibits
– Page 3 

 EXHIBIT B 

to 

Special Warranty Deed 
 PERMITTED EXCEPTIONS 

  
 Exhibits
– Page 4 

 EXHIBIT C 

to 

Purchase and Sale Agreement 
 BILL OF SALE 
 THIS BILL OF SALE (this
“Bill of Sale”) is made and entered into as of the        day of
                        , 200_, by and between
                                , a
                     (“Assignor”), and
                    , a
                         (“Assignee”). 

AGREEMENTS 
 For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor and Assignee hereby agree as follows: 

2.            Assignor hereby sells, transfers, assigns, and
conveys to Assignee the following (collectively, the “Assigned Property”): 

(a)         All equipment, fixtures, furniture, appliances, inventory, and
other personal property of whatever kind or character owned by Assignor and attached to or installed or located on or in the land located in the City of
                ,                  County,
                 (as more particularly described in the attached Exhibit A, the “Land”) or the improvements located on the Land
(“Improvements”), including, without limitation, those items listed on Exhibit B attached hereto (collectively, the “Personal Property”). 

(b)         All of Assignor’s right, title, and interest in and to all
trademarks, trade names or symbols under which the Land or the Improvements (or any part thereof) is operated, all licenses, blueprints, maps, drawings, plans and specifications, governmental permits and approvals, guaranties and all warranties made
by any contractors, subcontractors, vendors or suppliers, regarding their performance or the quality of materials supplied in connection with the construction of or operation of all or any of the Real Property, and any websites and webnames
pertaining to the Real Property (collectively, the “Intangible Personal Property”). 

3.            Except as set forth in this Bill of Sale or in
that certain Purchase and Sale Agreement by and between Assignor, as seller, and Assignee, as purchaser, dated                      (the
“Agreement”), the Assigned Property is conveyed by Assignor and accepted by Assignee AS IS, WHERE IS, AND WITHOUT ANY WARRANTIES OF WHATSOEVER NATURE, EXPRESS, IMPLIED, OR STATUTORY, IT BEING THE INTENTION OF ASSIGNOR AND
ASSIGNEE EXPRESSLY TO NEGATE AND EXCLUDE ALL WARRANTIES, INCLUDING, WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR ANY PARTICULAR PURPOSE, WARRANTIES CREATED BY ANY AFFIRMATION OF FACT OR PROMISE OR BY ANY DESCRIPTION
OF THE PROPERTY CONVEYED HEREUNDER, OR BY ANY SAMPLE OR MODEL THEREOF, AND ALL OTHER WARRANTIES WHATSOEVER CONTAINED IN OR CREATED BY THE UNIFORM COMMERCIAL CODE OR ANY OTHER LAW, except that the foregoing shall not be construed to negate the
special warranty of title hereinafter set forth. 

4.            Notwithstanding anything to the contrary
contained in this Bill of Sale, any liability of Assignor under this Bill of Sale is limited as set forth in Section 12(e) of the Agreement. 
 5.            This Bill of Sale may be executed in any number of counterparts, each of which shall be deemed an original, but all of which shall
constitute one and the same instrument. 
 [Signature page follows.] 

  
 Exhibits
– Page 5 

 IN WITNESS WHEREOF, this Bill of Sale is executed on the dates set forth below to be
effective as of the date first above written. 
  

					
	ASSIGNOR:
	
	                           
                                         
,
	a
                                         
               
		
	By:	 	                           
                                         
    ,
		 	a
                                         
                   ,
		 	its
                                         
       
		
		 	EXHIBIT ONLY. DO NOT EXECUTE
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

	
	ASSIGNEE:
	
	                           
                                         
,
	a
                                         
               
		
	By:	 	                           
                                         
    ,
		 	a
                                         
                   ,
		 	its
                                         
       
		
		 	EXHIBIT ONLY. DO NOT EXECUTE
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

 Exhibit A – Land Description 

  
 Exhibits
– Page 6 

 EXHIBIT A 

to 
 Bill
of Sale 
 LAND DESCRIPTION 

  
 Exhibits
– Page 7 

 EXHIBIT B 

to 
 Bill
of Sale 
 PERSONAL PROPERTY 

  
 Exhibits
– Page 8 

 EXHIBIT D 

to 

Purchase and Sale Agreement 
 ASSIGNMENT AND ASSUMPTION OF LEASES AND CONTRACTS 

THIS ASSIGNMENT AND ASSUMPTION OF LEASES AND CONTRACTS (this “Assignment”) is made and entered
into as of                     , 200     (the “Effective Date”), by and between
                                , a
                 (“Assignor”), and
                    ,
a                    (“Assignee”). 
 AGREEMENTS 
 For good and valuable consideration, the
receipt of which are hereby acknowledged, Assignor and Assignee hereby agree as follows: 

1.           Assignor hereby transfers and assigns to Assignee all
of Assignor’s right, title and interest in and to: (a) the lease agreements listed on Exhibit A attached hereto (collectively, the “Leases”); (b) service and maintenance contracts, warranties, guaranties and
bonds listed on Exhibit B attached hereto (collectively, the “Contracts”), and (c) all security deposits held by Assignor under the Leases (collectively the items described in (a), (b) and (c) above are
referred to herein collectively as the “Assigned Property”). The Assigned Property relates to the real property located in              County,
             described on Exhibit C attached hereto (the “Property”). 

2.           Assignor has executed this Agreement and has GRANTED,
TRANSFERRED and ASSIGNED the Assigned Property, and Assignee has accepted this Assignment and purchased the Assigned Property AS IS AND WHERE EVER LOCATED, AND EXCEPT AS SET FORTH IN THE AGREEMENT (AS DEFINED BELOW), WITHOUT ANY REPRESENTATIONS
OR WARRANTIES OF WHATSOEVER NATURE, EXPRESS, IMPLIED OR STATUTORY, IT BEING THE INTENTION OF ASSIGNOR AND ASSIGNEE TO EXPRESSLY NEGATE AND EXCLUDE ALL WARRANTIES (EXCEPT AS SET FORTH IN THE AGREEMENT) WHATSOEVER, INCLUDING WITHOUT LIMITATION THE
IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR ANY PARTICULAR PURPOSE, WARRANTIES CREATED BY AFFIRMATION OF FACT OR PROMISE OR BY ANY DESCRIPTION OF THE ASSIGNED PROPERTY OR BY ANY SAMPLE OR MODEL AND ANY OTHER WARRANTIES CONTAINED IN OR
CREATED BY THE UNIFORM COMMERCIAL CODE OR ANY OTHER LAW. 

3.           Assignee hereby assumes and agrees to pay and perform
all of the terms, covenants, conditions and obligations of the Assignor under the Leases and Contracts, and the obligations set forth on Exhibit B-1 for leasing commissions, under or with respect to the Assigned Property accruing and
applicable to the period on or after the Effective Date, and agrees to indemnify and hold Assignor harmless from and against any claims, costs or liabilities in connection therewith arising or accruing on or after the Effective Date. Assignor agrees
to pay and perform all of the terms, covenants, conditions and obligations of the Assignor under the Leases and Contracts under or with respect to the Assigned Property arising or accruing before the Effective Date, and agrees to indemnify and hold
Assignee harmless from and against any claims, costs or liabilities in connection with the Assigned Property arising or accruing prior to the Effective Date. 
 4.           Notwithstanding anything to the contrary contained in this Assignment, any liability of Assignor under this Assignment is limited as set
forth in Section 12(e) of the Purchase and Sale Agreement by and between Assignor, as seller, and Assignee, as purchaser, dated                  (the
“Agreement”). 

  
 Exhibits
– Page 9 

 [Signature page follows.] 

IN WITNESS WHEREOF, this Assignment is executed on the dates set forth below to be effective as of the Effective Date.

  

					
	ASSIGNOR:
	
	                           
                                         
,
	a
                                         
               
		
	By:	 	                           
                                         
    ,
		 	a
                                         
                   ,
		 	its
                                         
       
		
		 	EXHIBIT ONLY. DO NOT EXECUTE
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

	
	ASSIGNEE:
	
	                           
                                         
,
	a
                                         
               
		
	By:	 	                           
                                         
    ,
		 	a
                                         
                   ,
		 	its
                                         
       
		
		 	EXHIBIT ONLY. DO NOT EXECUTE
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

 Exhibit A – List of Leases 
 Exhibit B – List of Contracts 
 Exhibit C – Land Description 

  
 Exhibits
– Page 10 

 EXHIBIT A 

To 

Assignment and Assumption of Leases and Contracts 
 LIST OF LEASES 

  
 Exhibits
– Page 11 

 EXHIBIT B 

to 

Assignment and Assumption Agreement of Leases and Contracts 
 LIST OF CONTRACTS 

  
 Exhibits
– Page 12 

 EXHIBIT B-1 

to 

Assignment and Assumption Agreement of Leases and Contracts 
 ASSUMED LEASING COMMISSIONS 

  
 Exhibits
– Page 13 

 EXHIBIT C 

to 

Assignment and Assumption of Leases and Contracts 
 LAND DESCRIPTION 

  
 Exhibits
– Page 14 

 EXHIBIT E 

to 

Purchase and Sale Agreement 
 NON-FOREIGN AFFIDAVIT 
 Section 1445 of the
Internal Revenue Code of 1986, as amended, provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person. To inform the transferee that withholding of tax is not required upon the disposition of
a U.S. real property interest by                                 , a
                                 (“Transferor”), the undersigned
hereby certifies the following on behalf of the Transferor. 
  

	 	1.	Transferor is not a foreign corporation, foreign partnership, foreign trust, foreign estate, or foreign person (as those terms are defined in the Internal Revenue Code
and the Income Tax Regulations promulgated thereunder); 

  

	 	2.	Transferor’s U.S. employer identification number is
                    ; and 

  

	 	3.	Transferor’s address is
                                         
                           . 

Transferor understands that this certification may be disclosed to the Internal Revenue Service by the transferee and
that any false statement contained herein could be punished by fine, imprisonment, or both. 
 Under penalties
of perjury the undersigned declares that it has examined this certification and to the best of its knowledge and belief it is true, correct and complete, and it further declares that it has authority to sign this document on behalf of Transferor.

 Executed to be effective as of                 .

  

					
	TRANSFEROR:
	
	_________________________________,
	a	 	_______________________
		
	By:	 	_______________________________,
		
		 	a ____________________________,
		
		 	its ______________________
		
		 	EXHIBIT ONLY. DO NOT EXECUTE
			
		 	By:	 	                             
                   
			
		 	Name:	 	                             
                   
			
		 	Title:	 	                             
                   

  
 Exhibits
– Page 15 

 EXHIBIT F 

to 

Purchase and Sale Agreement 
 FORM OF TENANT ESTOPPEL LETTER 
 «Date» 

KBS Capital Advisors LLC, and its successors and assigns (“Purchaser”) 
 620 Newport Center Drive, Suite 1300 
 Newport Beach, California 92660 

 

	Re:	[Landlord name] (“Landlord”) 

	 	«Property» (“Property”)  

	 	«City_State» 

 Ladies and
Gentlemen: 
 The undersigned (“Tenant”) hereby certifies that with respect to the lease (the
“Lease”) more particularly described in the attached Schedule “A” which is hereby incorporated (the “Schedule”): 

1.        Tenant is the tenant under the Lease, and Tenant has not assigned its
interest in the Lease nor has Tenant sublet any portion of the Premises (defined below), except as may be indicated on the Schedule; 
 2.        The summary of the terms of the Lease and other information contained in the Schedule is true and correct, and attached are true, complete and accurate
copies of the Lease and all amendments, guarantees, security agreements, subleases and other documents pertaining to the Lease; 
 3.        Tenant has accepted possession of the premises (the “Premises”) under the Lease; 

4.        There are no rent abatements or free rent periods now or in the future
other than as may be set forth on the Schedule; 
 5.        The Lease
is in full force and effect and, except as may be indicated on the Schedule, has not been assigned, modified, supplemented or amended in any way, and Tenant has no notice of any assignment, pledge or hypothecation by the Landlord under the Lease or
of the rentals thereunder; 
 6.        The Lease represents the entire
agreement between Tenant and Landlord with respect to the Premises, and there are not any other agreements, oral or written, between Landlord and Tenant; 
 7.        All construction, improvements and other obligations to be performed by Landlord have been satisfied, except as may be indicated on the Schedule;

 8.        Any payments by Landlord to Tenant for tenant improvements
which are required under the Lease have been made, and neither Landlord nor any successor or assign of Landlord owes any amount to Tenant, except as may be indicated on the Schedule; 

9.        On this date, there are no existing defenses or offsets which Tenant
has against the enforcement of the Lease by Landlord and Tenant has no knowledge of any event which with the giving of notice, the passage of time or both would constitute a default by Tenant, or to the best of Tenant’s knowledge, a default by
Landlord, under the Lease; 

  
 Exhibits
– Page 16 

 10.        Tenant is not entitled to
any offsets, credits, abatements, deductions, delay, defense or otherwise against the rent payable under the Lease from and after the Effective Date, except as may be indicated on the Schedule; 

11.        No rental (including expense reimbursements), other than for the
current month, has been paid in advance, except as may be indicated on the Schedule; 

12.        Tenant has not filed on its behalf, nor to Tenant’s knowledge,
has any party initiated against Tenant, proceedings for relief under bankruptcy, insolvency, or other proceedings; 
 13.        Neither the Lease nor any other agreement confers upon Tenant any right of first refusal or option to purchase all or any portion of the Property. Tenant
has no extension, expansion, rights of first offer, rights of first refusal, exclusives, right to lease other premises, or rights to have Landlord perform Tenant’s obligations under leases of other premises, except as may be indicated on the
Schedule; and 
 14.        Tenant has no early termination rights under
the Lease, except as may be indicated on the Schedule. 
 The truth and accuracy of the certifications contained
herein may be relied upon by (i) Landlord, (ii) Purchaser, (iii) each lender (“Lender”) of Landlord or Purchaser (or any of their respective direct or indirect owners), and its successors, participants, assigns and
transferees, (iv) any rating agency or trustee involved in a securitization of one or more loans made by a Lender, and (v) any servicer of any such loan (collectively, the “Reliance Parties”), and said certifications shall
be binding upon Tenant and its successors and assigns, and inure to the benefit of the Reliance Parties. 
  

			
	 Very truly yours,

	
	 «Operating  As»

		
	 By:
	 	                             
                                   
	 Name:
	 	                             
                                   
	 Title:
	 	                             
                                   
		
	 Date:
	 	                             
                                   

  
 Exhibits
– Page 17 

 SCHEDULE A to Tenant Estoppel Letter 

 
 Summary of Lease Terms 

 
  

											
	(1)	 	 Name of Tenant: «Operating_As»
  

 
	 		 		 		 	
	(2)	 	 Lease Date: «Lease_Date»
  

 
	 		 		 		 	
	(3)	 	 Amendment Dates, Separate Agreements, if any:
  

 
	 		 		 		 	
	  	 	«Lease    License_Agreement»	 	 	 	«Lease_Date»	 	 
		 	«Document_1»	 		 	«Document_1_Date»	 	
		 	«Document_2»	 		 	«Document_2_Date»	 	
		 	«Document_3»	 		 	«Document_3_Date»	 	
		 	 «Document_4»
  

 
  
	 		 	 «Document_4_Date»
  

 
	 	
	(4)	 	 Square Footage: «Square_Feet» sf

 
	 		 		 		 	
	(5)	 	Lease Commencement Date:
«Commence_Date»;                         Current Lease Expiration:	 		 	
	 «Expiration_Date»
  

 
  
	 		 		 	
	(6)	 	 Current Monthly Base Rent:
  

 
	 	 $«Base_Monthly_Rent»;
  

 
	 	 paid through:
  

 
	 	  
  

 
	 	
		 	Current Monthly Expense	 		 		 		 	
		 	Reimbursement:	 	$«Total_Exp»;	 	paid through:	 	  
	 	
		 	Other Current Monthly Rent Not	 		 		 		 	
		 	Otherwise Identified Above:	 	$«Other»;	 	paid through:	 	  
	 	
		 	Current Total Monthly Rent:	 	$«Total_Rent»	 		 		 	
		 	Tenant has the following abatement(s) remaining: «Free_Rent»	 		 		 	
		 		 		 		 		 	

 (7)        Tenant’s prorata share of the entire property in which the
Premises are located, for purposes of allocating operating expenses and real estate taxes is         %. Tenant is obligated to pay its prorata share of (Choose One/Strike Others): 

 
 Increases over base year
20        . 
 Increases over a stipulated amount per square foot
        /sf. 
 All operating expenses and real estate taxes (net
lease). 
  
  

	(7)        Security	Deposit: $«Security_Deposit» 

  

 

	(8)        Percentage	Rent: «% Rent» 

  

 

	(9)        Assignees/Subtenants:	«Subtenant» 

  

 

	(10)      Lease	Guarantor(s): «Guarantor» 

  

 

	(11)      Termination	Rights (other than with respect to a Landlord default or a casualty or condemnation event): 

  
 Exhibits
– Page 18 

 EXHIBIT F-1 

to 

Purchase and Sale Agreement 
  

H&H ESTOPPEL 
  

KBS Capital Advisors LLC, and its successors and assigns (“Purchaser”) 
 620 Newport Center Drive, Suite 1300 
 Newport Beach, California 92660 

 
  

	Re:	[Landlord name] (“Landlord”) 

 [Tenant name] (“Tenant”) 
 «Property»
(“Property”) 
 «City_State» 

 
 Dear Sir or Madam: 

 
 The undersigned (“Tenant”) hereby certifies that
with respect to that certain lease (together with any amendments, options, extension and renewals listed below and attached to this certificate, the “Lease”): 

 
 (a)        Tenant occupies
the premises demised by the Lease, and Tenant has not assigned its interest in the Lease nor has Tenant sublet any portion of the premises, except as may be indicated Item (b) below. 

 
 (b)        The material
business terms of the Lease are as follows: 
  
  

	
	
	Landlord:
                                         
                                         
                                         
                                         

	
	Lease Date:
                                         
                                         
                                         
                                      
	
	Lease Commencement Date:
                                         
                                         
                                         
           
	
	Subleases (if any):
                                         
                                         
                                         
                           
	
	Amendments and Modifications (if any):
                                         
                                         
                                
	
	Current Monthly Base Rent:
                                         
                                         
                                         
           
	
	Current Monthly Storage Rent:
                                         
                                         
                                         
       
	
	Current Expense Reimbursement:
                                         
                                         
                                         
   
	
	Square Footage:
                                         
                                         
                                         
                               
	
	Expiration Date:
                                         
                                         
                                         
                              
	
	Renewals or Options (if any):
                                         
                                         
                                         
         
	
	Security or other Deposit:
                                         
                                         
                                         
               
	
	Uncompleted Tenant Improvements (if any):
                                         
                                         
                          

  
 Exhibits
– Page 19 

	
	Unpaid Tenant Allowances (if any):
                                         
                                         
                                        

	
	Other Financial Obligation of Landlord (if any):
                                         
                                         
                    

  

(c)        The Lease is Tenant’s entire agreement with the Landlord and there are not any
other agreements, oral or written, between Landlord and Tenant. 
  
 (d)        Tenant has accepted and currently occupies the leased premises, is paying full rent under the Lease, and neither (i) presently asserts any Landlord
default, claim against Landlord, matured right of setoff, or right to pay reduced rent nor (ii) to Tenant’s current actual knowledge, knows of any fact which, with the giving of notice or the passage of time, or both, could give rise to
any such default, claim or right. Tenant has no knowledge of any event which with the giving of notice, the passage of time or both would constitute a default by Tenant. 

 
 (e)        Tenant neither
(i) presently asserts any matured right to terminate or to cancel the Lease nor (ii) to Tenant’s current actual knowledge, knows of any fact which, with the giving of notice or the passage of time, or both, could give rise to any such
right. 
  

(f)        Tenant is not the debtor in any bankruptcy or state insolvency case and is not the
subject of any receivership, winding up, liquidation or similar proceeding. 
  
 (g)        The Lease is in full force and effect and, except as may be indicated in Item (b) above, has not been assigned, modified, supplemented or amended in
any way, and Tenant has no notice of any assignment, pledge or hypothecation by the Landlord under the Lease or of the rentals thereunder 
  

(h)        The summary of the terms of the Lease and other information contained in Item
(b) above is true and correct, and attached are true, complete and accurate copies of the Lease and all amendments, guarantees, security agreements, subleases and other documents pertaining to the Lease. 

 
 (i)        All construction,
improvements and other obligations to be performed by Landlord have been satisfied, except as may be indicated in Item (b) above. 
  

(j)        Any payments by Landlord to Tenant for tenant improvements which are required under the
Lease have been made, and neither Landlord nor any successor or assign of Landlord owes any amount to Tenant, except as may be indicated in Item (b) above. 
  

(k)         No rental (including expense reimbursements), other than for the current month, has
been paid in advance. 
  
 (l)
        There are no rent abatements or free rent periods now or in the future other than as may be set forth in the Lease. 
  

(m)        Neither the Lease nor any other agreement confers upon Tenant any right of first
refusal or option to purchase all or any portion of the Property. Tenant has no extension, expansion, rights of first offer, rights of first refusal, exclusives, right to lease other premises, or rights to have Landlord perform Tenant’s
obligations under leases of other premises, except as set forth in the Lease. 
  
 The truth and accuracy of the certifications contained herein may be relied upon by (i) Landlord, (ii) Purchaser, (iii) each lender (“Lender”) of Landlord or Purchaser (or
any of their respective direct or indirect 

  
 Exhibits
– Page 20 

 
owners), and its successors, participants, assigns and transferees, (iv) any rating agency or trustee involved in a securitization of one or more loans made by a Lender, and (v) any
servicer of any such loan (collectively, the “Reliance Parties”), and said certifications shall be binding upon Tenant and its successors and assigns, and inure to the benefit of the Reliance Parties. 

 

			
	Very truly yours,
	
	«Operating_As»
		
	By:	 	  

	Name:	 	  

	Title:	 	  

		
	Date:	 	  

  
 Exhibits
– Page 21 

 EXHIBIT G 

to 

Purchase and Sale Agreement 
 LIST OF LEASES 
  

	A.	Tenant Leases 

  

	 	1.	Arlington Value Capital, LLC 

	 	a.	Gross Lease dated March 19, 2013 

	 	b.	Payment and Performance Guaranty dated March 19, 2013 

	 	c.	Security Agreement dated March 19, 2013 

	 	d.	Form of Lease Memorandum dated October 8, 2013 

  

	 	2.	Robert W. Baird & Co. Incorporated 

	 	a.	Sublease Agreement dated July 19, 2011 

	 	b.	Gross Lease dated July 25, 2011 

	 	c.	Lease Agreement dated July 25, 2011 

	 	d.	Sub-Sublease Agreement dated July 25, 2011 

	 	e.	Form of Lease Memorandum dated April 19, 2012 

  

	 	3.	The Bennett Consulting Group, LLC 

	 	a.	Payment and Performance Guaranty dated March 11, 2010 

	 	b.	Gross Lease dated March 23, 2011 

	 	c.	First Amendment to Lease Agreement dated May 12, 2011 

	 	d.	Second Amendment to Lease Agreement dated October 26, 2012 

	 	e.	Third Amendment to Lease Agreement dated September 4, 2013 

  

	 	4.	Brinks Hofer Gilson & Lione 

	 	a.	Lease Agreement dated April 10, 2007 

	 	b.	Rider to Lease dated April 10, 2007 

	 	c.	Tenant Improvements Construction Agreement with Tenant Improvement Allowance dated April 10, 2007 

	 	d.	Commencement Memorandum dated March 17, 2010 

	 	e.	First Amendment to Lease Agreement dated March 15, 2011 

  

	 	5.	CBRE Inc. 

	 	a.	Lease Agreement dated June 25, 2008 

	 	b.	First Addendum to Lease Agreement dated July 2, 2010 

	 	c.	Second Addendum to Lease Agreement dated April 24, 2013 

	 	d.	Form of Lease Memorandum (Suite 1870) dated September 13, 2013 

  

	 	6.	Extend Health, Inc. 

	 	a.	Reimbursement Agreement dated July 24, 2013 (expired) 

	 	b.	Gross Lease dated September 4, 2013 

	 	c.	Guaranty of Lease dated September 4, 2013 

	 	d.	Subordination, Non-Disturbance and Attornment Agreement dated October 18, 2013 

	 	e.	Form of Lease Memorandum dated January 3, 2014 

  

	 	7.	The Goldman Sachs Group, Inc. 

	 	a.	Gross Lease dated March 17, 2010 

  
 Exhibits
– Page 22 

	 	b.	Subordination, Non-Disturbance and Attornment Agreement dated April 8, 2010 

	 	c.	Estoppel Certificate (in place of Commencement Memorandum) dated May 17, 2012 

	 	d.	First Amendment to Gross Lease dated December 5, 2011 

	 	e.	Second Amendment to Gross Lease dated April 19, 2013 

	 	f.	 Side Letter dated April 19, 2013 (confirms delivery date for 6th floor expansion space) 

 

	 	8.	HP Utah Management 

	 	a.	Gross Lease dated March 26, 2013 

  

	 	9.	Holland and Hart LLP 

	 	a.	Lease Agreement dated August 31, 2007 

	 	b.	First Amendment to Lease Agreement dated August 9, 2010 

	 	c.	Second Amendment to Lease Agreement dated February 2013 

	 	d.	Commencement Memorandum (not yet executed) 

  

	 	10.	WB Eyecare LLC (d/b/a Image Eyes Optical) 

	 	a.	Gross Lease dated April 27, 2012 

	 	b.	First Amendment dated October 30, 2012 

  

	 	11.	Pia Anderson Dorius Reynard & Moss 

	 	a.	Side Letter dated July 19, 2010 

	 	b.	Side Letter dated July 22, 2010 

	 	c.	Modification to Commission Letter Agreement dated September 2, 2010 

	 	d.	Gross Lease dated August, 2010 

	 	e.	Security Agreement dated August 12, 2010 

	 	f.	Payment and Performance Guaranty dated August 12, 2010 

	 	g.	Lease Memorandum and First Amendment to Lease dated June 30, 2011 

	 	h.	Second Amendment dated October 14, 2013 

  

	 	12.	Pia Anderson Dorius Reynard & Moss Storage 

	 	a.	Sublease Agreement dated July 19, 2011 

  

	 	13.	Phillips Edison & Company, Ltd. 

	 	a.	Gross Lease dated January 3, 2012 

	 	b.	First Amendment to Gross Lease dated July 24, 2012 

  

	 	14.	RGN-Salt Lake City I, LLC (d/b/a Regus) 

	 	a.	Lease dated May 23, 2011 

	 	b.	Subordination, Non-Disturbance and Attornment Agreement dated May 23, 2011 

	 	c.	Limited Lease Guaranty dated May 23, 2011 

	 	d.	Form of Lease Memorandum dated April 19, 2012 

  

	 	15.	Smokehouse #5 LLC (a/k/a Sonny Bryan Smokehouse) 

	 	a.	Triple Net Lease dated November 8, 2012 

	 	b.	Letter of Credit dated December 16, 2013 from US Bank National Association 

 

	 	16.	SLC West, LLC (a/k/a Bistro 222) 

	 	a.	Triple Net Lease dated November 8, 2012 

	 	b.	Letter of Credit dated December 16, 2013 from US Bank National Association 

  
 Exhibits
– Page 23 

	 	17.	Wealth Navigation, LLC 

	 	a.	Gross Lease dated February 1, 2013 

	 	b.	First Amendment to Gross Lease dated March 13, 2013 

	 	c.	Second Amendment to Gross Lease dated April 15, 2013 

	 	d.	Indemnification Agreement dated January 4, 2013 

  

	 	18.	FirstDigital Telecom, LLC 

	 	a.	Lease Agreement dated December 30, 2011 

	 	b.	Communications Services Agreement – 222 South Main Street dated April 1, 2009 

 

	B.	Garage Lease 

  

	 	1.	Parking Garage Lease dated November 2, 2009, by and between 222 S. Main Investments LLC and Ampco System Parking 

 

	 	2.	First Amendment to Parking Garage Lease dated March 26, 2010, by and between 222 S. Main Investments LLC and Ampco System Parking 

 

	 	3.	Second Amendment to Parking Garage Lease dated March 15, 2012, by and between 222 S. Main Investments LLC and Ampco System Parking 

 

	 	4.	Third Amendment to Parking Garage Lease dated November 19, 2012, by and between 222 S. Main Investments LLC and Ampco System Parking 

 

	 	5.	Fourth Amendment to Parking Garage Lease dated November 1, 2013, by and between 222 S. Main Investments LLC and ABM Parking Services 

 

	C.	Licenses 

  

	 	1.	Communications Service Agreement dated April 1, 2009, by and between 222 S. Main Investments, LLC and FirstDigital Telecom, LLC 

 

	 	2.	Letter dated September 15, 2010 to FirstDigital Telecom, LLC from Hamilton Partners, Inc. 

 

	 	3.	Service Order Agreement dated November 22, 2011, by and between FirstDigital Telecom, LLC and Holland & Hart LLP 

 

	 	4.	UPS Drop Box Agreement dated August 24, 2011, by and between 222 S. Main Investments, LLC and United Parcel Service, Inc. 

  
 Exhibits
– Page 24 

 EXHIBIT G-1 

to 

Purchase and Sale Agreement 
 DEFAULTS UNDER TENANT LEASES 
  

	1.	As of January 14, 2014, SLC West, LLC (a/k/a Bistro 222) has not signed the Commencement Memorandum prepared by Seller as provided for in such tenant’s lease
and has delinquent rents in an amount equal to $29,994.43. 

  

	2.	As of January 14, 2014, Smokehouse #5 LLC (a/k/a Sonny Bryan Smokehouse) has not signed the Commencement Memorandum prepared by Seller as provided for in such
tenant’s lease and has delinquent rents in an amount equal to $10,532.12. 

  
 Exhibits
– Page 25 

 EXHIBIT H 

to 

Purchase and Sale Agreement 
 LIST OF CONTRACTS 
  

	1.	See guaranties related to the Tenant Leases listed on Exhibit G 

  

	2.	Hamilton Partners Service Agreement Short Form dated March 1, 2012, by and between 222 S. Main Investments, LLC and KHI Mechanical Services (Chiller Maintenance)

  

	3.	Hamilton Partners Service Agreement Short Form dated February 24, 2010, by and between 222 S. Main Investments, LLC and ACE Disposal (Trash Removal)

  

	4.	Hamilton Partners Service Agreement Short Form Fire Alarm Services dated September 30, 2009, by and between 222 S. Main Investments, LLC and Armed Alert Security
(Fire Alarm Monitoring) 

  

	5.	Hamilton Partners Service Agreement Short Form dated October 8, 2010, by and between 222 S. Main Investments, LLC and AlliedBarton Security Services, LLC
(Security) 

  

	6.	See documents under Parking Lease listed on Exhibit G (Garage Management and Sweeping) 

 

	7.	Janitorial Supplies Agreement Hamilton Partners Service Agreement Short Form dated August 23, 2012, by and between 222 S. Main Investments, LLC and Staples
Advantage (Cleaning Supplies) 

  

	8.	Hamilton Partners Service Agreement Short Form dated January 1, 2011, by and between 222 S. Main Investments, LLC and D&L Electric Inc. (BAS Contractor)

  

	9.	Communications Service Agreement dated April 1, 2009, by and between 222 S. Main Investments, LLC and FirstDigital Telecom, LLC (Riser Manager)

  

	10.	Hamilton Partners Service Agreement Plant Care dated September 20, 2010, by and between 222 S. Main Investments, LLC and Foliage, Inc. (Exterior and Interior
Landscaping) 

  

	11.	Janitorial Services Agreement Hamilton Partners Service Agreement Short Form dated November 10, 2009, by and between 222 S. Main Investments, LLC and Jani-King of
Utah (Day Porters, Janitorial) 

  

	12.	Hamilton Partners Service Agreement Short Form dated March 3, 2010, by and between 222 S. Main Investments, LLC and Momentum Recycling (Recycling Service)

  

	13.	Interior Plant Care Agreement Hamilton Partners Service Agreement Short Form dated July 7, 2010, by and between 222 S. Main Investments, LLC and Orchid Dynasty
(Interior Plant Maintenance) 

  

	14.	Hamilton Partners Service Agreement Short Form dated July 1, 2010, by and between 222 S. Main Investments, LLC and Otis Elevator Company (Elevator Maintenance)

  

	15.	 Hamilton Partners Service Agreement Short Form dated October 1, 2011, by and between 222 S.

  
 Exhibits
– Page 26 

	 	 
Main Investments, LLC and SimplexGrinnell (Fire Standpipe) 

  

	16.	Hamilton Partners Service Agreement Short Form dated May 15, 2012, by and between 222 S. Main Investments, LLC and Power Engineering Company, Inc. (Water
Treatment) 

  

	17.	Hamilton Partners Service Agreement Short Form dated September 8, 2011, by and between 222 S. Main Investments, LLC and Smith Power Products (Generator Inspection
and Testing) 

  

	18.	Pest Control Hamilton Partners Service Agreement Short Form dated May 13, 2010, by and between 222 S. Main Investments, LLC and Sprague (Pest Control)

  

	19.	Hamilton Partners Service Agreement Short Form October 13, 2010, by and between 222 S. Main Investments, LLC and Water Specialties, Inc. (Deionized Water)

  

	20.	Course of dealing with Wasatch Electric (Electrical Maintenance) 

  

	21.	Hamilton Partners Service Agreement Short Form dated September 11, 2013, by and between 222 S. Main Investments, LLC and ASCO Services (ATS Switch Maintenance)

  

	22.	Hamilton Partners Service Agreement Short Form dated April 16, 2013, by and between 222 S. Main Investments, LLC and Energy Management Corporation (Mammoth Motor
Balancing) 

  

	23.	Hamilton Partners Service Agreement Short Form dated May 9, 2013, by and between 222 S. Main Investments, LLC and PRO-BEL (Roff Anchor Inspection)

  

	24.	Hamilton Partners Service Agreement Short Form dated July 1, 2010, by and between 222 S. Main Investments, LLC and SimplexGrinnell LP (Fire Sprinkler Inspection)

  

	25.	Master Electric Service and Facilities Improvements Agreement dated May 12, 2009, by and between 222 S. Main Investments, LLC and Rocky Mountain Power

  

	26.	Master Electric Service and Facilities Improvements Agreement dated February 9, 2011, by and between 222 S. Main Investments, LLC and Rocky Mountain Power

  

	27.	Salt Lake City Corporation – Lease Agreement to Occupant Public Property dated March 12, 2012, by and between 222 S. Main Investments, LLC and Salt Lake City
Corporation 

  

	28.	Gas Service Signature – Identification Agreement dated September 15, 2009, by and between 222 S. Main Investments, LLC and Questar Gas

  

	29.	Reimbursement Agreement dated March 31, 2010, by and between 222 S. Main Investments, LLC and Salt Lake City Redevelopment Agency 

 

	30.	See attached Schedule of Warranties 

  

	31.	Master License Agreement dated August 9, 2010, by and between 222 S. Main Investments, LLC and Red Hand, LLC 

 

	32.	Letter Agreement dated September 15, 2010 by and between Hamilton Partners, Inc. and FirstDigital Telecom, LLC 

  
 Exhibits
– Page 27 

	33.	License Agreement dated April 20, 2010, by and between 222 S. Main Investments, LLC and Federal Communications Commission 

 

	34.	Radio Station Authorization grated April 20, 2010 by the Federal Communications Commission 

 

	35.	DirectTV Commercial Viewing Agreement dated November 30, 2009 

  

	36.	Alley Agreement dated November 21, 2007, by and between American Towers Owners Association and 222 S. Main Investments LLC 

  
 Exhibits
– Page 28 

 

 

  
 Exhibits
– Page 29 

 

 

  
 Exhibits
– Page 30 

 

 

  
 Exhibits
– Page 31 

 EXHIBIT H-1 

to 

Purchase and Sale Agreement 
 ASSUMED LEASING COMMISSIONS 
  

	1.	 The obligation to pay leasing commissions to CBRE pursuant to the terms of that certain Exclusive Lease Listing Agreement dated June 25, 2008,
by and between CB Richard Ellis (“CBRE”) and 222 S. Main Investments LLC (including that certain Schedule of Lease Commissions dated June 28, 2008), as amended by that certain Amendment to Listing Agreement dated October 26,
2010, that certain Amendment to Listing Agreement dated January 4, 2012 and that certain Amendment to Listing Agreement dated February 7, 2013, but only to the extent payable as a result of Purchaser’s entering into leases with any of
the following prospects on or before March 31, 2014, or entering into letters of intent or other written term sheets on or before March 31, 2014 (to the extent the same leads to Purchaser’s entering into leases with the tenants
identified in such letters of intent or term sheets) with the following prospects: (i) Seer Technology; (ii) Leavitt Group; (iii) Marsh; (iv) Phillips Edison & Co.; (v) Bennett Group; and (vi) Hyde company.

  

	2.	 The obligation to pay leasing commissions to Commerce CRG (as defined below) first arising or accruing on or after the Closing Date pursuant to the
terms of that certain Commission Agreement Lease Transaction dated September 10, 2009, by and between 222 S. Main Investments LLC and Commerce CRG, a Cushman & Wakefield Alliance Office (“Commerce CRG”), as amended and
supplemented by that certain Amendment to Commission Agreement dated March 9, 2010. 

  
 Exhibits
– Page 32 

 EXHIBIT I 

to 

Purchase and Sale Agreement 
 NOTICE OF VIOLATIONS / LITIGATION 
 None. 

  
 Exhibits
– Page 33 

 EXHIBIT J 

to 

Purchase and Sale Agreement 
 RDA ESTOPPEL CERTIFICATE 
 KBS Capital Advisors LLC, its successors and/or assigns

 (“Buyer”) 
 620
Newport Center Drive, Suite 1300 
 Newport Beach, CA 92660 
 Attention: Rodney Richerson 
 Metropolitan Life Insurance Company, its successors and/or

 assigns (“Lender”) 

425 Market Street, Suite 1050 
 San Francisco, CA
94105 
 Attention:
                                 

 

	Re:	 Participation Agreement dated as of December 5, 2007 (the “Participation Agreement”), by and between the Redevelopment Agency
of Salt Lake City (the “Agency”) and 222 S. Main Investments LLC, a Delaware limited liability company (the “Developer”); Reimbursement Agreement dated as of March 31, 2010 (the “Reimbursement
Agreement”), by and between the Agency and Developer; and Pedestrian Easement (the “Easement Agreement”) dated as of December 31, 2009, and recorded on April 8, 2010 as Entry No. 10929744 in Book 9816 at Page
5380, entered into by Developer in favor of Agency. 

 The Agency provides the following
statements with respect to improved real property described as 222 Main located at 222 S. Main Street, Salt Lake City, Utah, as legally described on Exhibit A attached hereto and incorporated herein by reference (the
“Property”), that are true, correct and complete as of the date hereof: 

1.        The Participation Agreement is no longer of any force or effect and is
not binding upon Buyer or the Property in any respect. 
 2.        The
Reimbursement Agreement has been fully executed by the Agency and the Developer, is in full force and effect and has not been replaced, supplemented, amended or modified in any way. A true, correct and complete copy of the Reimbursement Agreement is
attached hereto as Exhibit B. 
 3.        The Pedestrian
Easement has been fully executed by the Developer for the benefit of the Agency and Salt Lake City, is in full force and effect and has not been replaced, supplemented, amended or modified in any way. 

4.        A.        The following
documents constitute the only documents executed by the Agency in connection with the development of the Property: (i) the Participation Agreement (which is no longer of any force or effect), (ii) the Reimbursement Agreement,
(iii) the Pedestrian Easement, (iv) the Certificate of Completion (as such term is defined in the Participation Agreement), and (v)

  
 Exhibits
– Page 34 

 
letters dated December 29, 2009 and May 13, 2011 approving Certifications of Costs (as such term is defined in the Reimbursement Agreement). 

B.        The following documents constitute the only documents executed by Salt
Lake City, other than routine regulatory and administrative approvals, in connection with the development of the Property: (i) the Pedestrian Easement, and (ii) the Certificate of Occupancy (as such term is defined in the Participation
Agreement). 
 5.        The Agency and Salt Lake City are separate
legal entities. By executing this Estoppel Agreement, the Agency and the City make no certifications regarding the other and each asserts only on behalf of itself. 

6.        No default exists by Developer under the Reimbursement Agreement or the
Pedestrian Easement, and the Agency and Salt Lake City do not have any defense to the performance of their obligations thereunder. 
 7.        The Effective Date (as such term is defined in the Reimbursement Agreement) occurred on January 1, 2010. The Base Reimbursement Amount (as such term
is defined in the Reimbursement Agreement) is $6,000,000.00. No reduction in the principal balance of the Base Reimbursement Amount has occurred, or may hereafter occur, pursuant to Section 2.4 of the Reimbursement Agreement or otherwise. The
first Annual Payment was made on or before April 15, 2011, in the amount of $305,564.14, and the second Annual Payment was made on or before April 15, 2012, in the amount of $403,569.52, and the third Annual Payment was made on or before
April 15, 2013, in the amount of $386,372.87. It is expected that the fourth Annual Payment will be made on or about April 15, 2014, in the approximate amount of $468,000.00. 

[SIGNATURE PAGES FOLLOW] 

  
 Exhibits
– Page 35 

 IN WITNESS WHEREOF, this Estoppel Certificate is executed as of the
         day of            , 2014. 
  

	
	REDEVELOPMENT AGENCY OF SALT LAKE CITY
	
	
By:                       
                                         
    

	
Name:                       
                                        

	
Its:                       
                                         
     

	
	
By:                       
                                         
    

	
Name:                       
                                        

	
Its:                       
                                         
     

 Approved as to legal form: 
  

                         
                            

 

	
	SALT LAKE CITY CORPORATION
	
	
By:                       
                                         
    

	
Name:                       
                                        

	
Its:                       
                                         
     

 Approved as to legal form: 
  

                         
                            

  
 Exhibits
– Page 36 

 EXHIBIT A 
 to RDA Estoppel 
 LEGAL DESCRIPTION 

  
 Exhibits
– Page 37 

 EXHIBIT B 
 to RDA Estoppel 
 REIMBURSEMENT AGREEMENT 

See Attached 

  
 Exhibits
– Page 38 

 SCHEDULE 1 
 to 
 Purchase and Sale Agreement 

List of Personal Property 
 See attached. With respect to light bulbs and other maintenance supplies, the attached personal property listing reflects supplies on hand as of January 1, 2014. Any such light bulbs or maintenance
supplies used since that date have been used for the benefit of the Property. Engineering and janitorial groups have been instructed not to change their procurement procedures and to keep their normal supply levels. 

  
 Exhibits
– Page 39 

  
 

 

  
 Exhibits
– Page 40 

 

 

  
 Exhibits
– Page 41 

 

 

  
 Exhibits
– Page 42 

 

 

  
 Exhibits
– Page 43 

 

 

  
 Exhibits
– Page 44 

 

 

  
 Exhibits
– Page 45 

 

 

  
 Exhibits
– Page 46 

 

 

  
 Exhibits
– Page 47 

 

 

  
 Exhibits
– Page 48 

 Miscellaneous janitorial supplies 

  
 Exhibits
– Page 49 

 SCHEDULE 2 
 to 
 Purchase and Sale Agreement 

Purchaser’s 3-14 Audit Documents 
 General 
  

	•	 	 Property operating statements for the most recent full calendar year and for the current year to date with break out in quarterly intervals, e.g.:
For a property purchased on 4/15/14; we would need operating statements for the Quarters ended 3/31/13, 6/30/13, 9/30/13, 12/31/13 and YTD 12/31/13. Seller shall provide operating statements for the period 1/1/14 through Closing within ninety
(90) days after the Closing Date. 

	•	 	 Trial balances at the end of the most recent full calendar year and as of the current date. 

	•	 	 General ledger for the most recent full calendar year and for the current year to date (should include activity for entire year).

	•	 	 Bank statements and reconciliations as of 12/31/13 

 Revenues 
 Access to the following for all revenues for the most recent
full calendar year and for the current year to date:
  

	 	•	 	 Lease agreements including any leases which have expired or were terminated in 2013 (latest full calendar year) and 2014 (current year).

	 	•	 	 Rent rolls at year end for the last five years (2009, 2010, 2011, 2012, and 2013) 

	 	•	 	 Detailed tenant ledger for the latest full calendar year and current year 

	 	•	 	 Access to billing invoices and tenant cash receipts for specific tenants (selections to be provided) 

Supporting documents and schedules for other revenues (i.e., parking income), if applicable, for the most recent full calendar year and
for the current year to date. 
 Expenses 
 Access to the following for all expenses for the most recent full calendar year and for the current year to date: 
  

	 	•	 	 Invoices and check copies 

	 	¡
 	 	 Property tax bills*** 

	 	¡
 	 	 Insurance*** 

	 	¡
 	 	 Utility Bills 

	 	¡
 	 	 Other operating expense (selections to be provided) 

	 	•	 	 Check registers 

	 	•	 	 Management fee agreement/calculation 

	 	•	 	 Agreements with Contractors (specific agreements to be requested) 

*** Support should cover entire year and current year. For example, if insurance policy is from July to June, then we would need July 2012
to June 2013 and July 2013 to June 2014 so that we cover the entire 2013 year. 
 Reimbursable Expenses 

Access to the following for the most recent full calendar year and for the current year to date: 

 

	 	•	 	 CAM calculation to support monthly billings. 

	 	•	 	 Year-end CAM reconciliation. 

  
 Exhibits
– Page 50 

 Post-closing 
 Final operating statement, trial balance and general ledger for the current year from January 1 through the date of sale. 
 Please note that additional documentation may be required based on the findings of the 3-14 audit. 

  
 Exhibits
– Page 51

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