Document:

EX-10.9

 Exhibit 10.9 

Execution Version 

ACCOUNT PURCHASE AGREEMENT 

THIS ACCOUNT PURCHASE AGREEMENT (this “Agreement”) is entered into as of the Effective Date (as defined in Rider A annexed
hereto), by and among ALEXANDRIA MOULDING, INC., a corporation formed under the laws of the State of Washington and having its chief executive office at 101 Grant Way, Moxee, Washington (“US Parent”), the subsidiaries of US
Parent listed on Schedule 1.2 hereto (such subsidiaries, together with US Parent, individually and collectively, jointly and severally, the “US Client”), MOULURE ALEXANDRIA MOULDING INC., a corporation formed under the
laws of Ontario and having its chief executive office at 20352 Power Dam Road, Alexandria, Ontario KOC 1A0 (“Canadian Parent”), and the subsidiaries of Canadian Parent listed on Schedule 1.3 hereto (such subsidiaries,
together with Canadian Parent, individually and collectively, jointly and severally, the “Canadian Client”), WELLS FARGO BANK, NATIONAL ASSOCIATION (“US Purchaser”), WELLS FARGO CAPITAL FINANCE CORPORATION
CANADA (“Canadian Purchaser” and together with US Purchaser, the “Purchaser”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, in its capacity as agent for Purchasers (in such capacity,
“Administrative Purchaser”). The US Client and Canadian Client are from time to time referred to herein, individually and collectively, as the “Client”. Except as set forth in Section 10.1 below, all
capitalized terms used in this Agreement are defined in Rider A, and the rules of construction set forth in Rider A shall govern. 
 Client
has advised Purchaser that Client desires to offer to sell and assign to Purchaser certain of Client’s Accounts that satisfy the requirements of Approved Accounts hereunder. Purchaser may, in its sole discretion, purchase certain Approved
Accounts offered for sale and assignment, and, except as set forth herein, all such purchases shall be without recourse to Client. This Agreement, including the Schedules and Riders annexed hereto, memorializes the terms and conditions under which
Purchaser shall purchase such Approved Accounts from Client. 
 In consideration of the premises and for other good and valuable
consideration, the receipt of which is hereby acknowledged, Client, Purchaser and Administrative Purchaser hereby agree as follows: 

ARTICLE 1 
 PURCHASE AND
PRICING TERMS 
 Section 1.1 Purchase and Assignment of Accounts. Client hereby agrees to sell and assign to
Purchaser, and Purchaser hereby agrees to purchase as absolute owner, certain Approved Accounts of such Client arising from sales of inventory or rendition of services in the ordinary course of business by such Client to a Customer, without further
act or instrument. With respect to each Approved Account offered for sale by Client to Purchaser hereunder and accepted for purchase by Purchaser from Client hereunder, the assignment to Purchaser of such Approved Account, and purchase by Purchaser
of such Approved Account, will be effective as of the date of payment by Purchaser (or Administrative Purchaser on behalf of Purchaser) of the Initial Payment of the Purchase Price for such Approved Account (such Approved Accounts, upon
effectiveness of the assignment and purchase thereof, being referred to, collectively, as the “Purchased Accounts”). Except as set forth herein, all purchases by Purchaser of Purchased Accounts shall be without recourse to Client.

 Section 1.2 Written Credit Approval. Client shall
submit to Administrative Purchaser a request for written credit approval of the Accounts of Client’s Customers. Purchaser may, in its discretion, approve such request by establishing a credit line limited to a specific amount for such specific
Customer (all such Accounts owing by a specific Customer not exceeding the credit line established by Purchaser, “Approved Accounts”). No credit approval shall be effective unless notice thereof shall be received by Client from
Administrative Purchaser (either in writing or electronically via any internet accessible website provided by Administrative Purchaser to Client in connection herewith). No such credit approval or terms of sale of a Purchased Account shall be
changed without Administrative Purchaser’s approval (either in writing or electronically via any internet accessible website provided by Administrative Purchaser to Client in connection herewith). If there is any change in the amount, terms,
shipping date or delivery date for any shipment of goods or rendition of services under a Purchased Account (a “Change of Terms”), Client shall submit a change of terms request to Administrative Purchaser and Administrative
Purchaser shall advise Client of Purchaser’s decision either to retain the Credit Risk or to withdraw the credit approval for such Purchased Account. Administrative Purchaser, on behalf of Purchaser, shall have the right, at any time, to
withdraw or adjust a credit line of a Customer (provided, such withdrawal or adjustment shall not be effective with respect to Purchased Accounts then outstanding). Purchaser and Administrative Purchaser shall not be liable to any person or in any
manner for refusing to approve the credit of any Customer. 
 Section 1.3 Written Schedules. Client
shall deliver to Administrative Purchaser, electronically using the internet accessible website made available by Administrative Purchaser to Client for such purpose, schedules of all Approved Accounts (which shall include the invoice details for
each such Approved Account) offered by Client for sale and assignment to Purchaser hereunder, together with copies of Customer’s invoices or their equivalent and evidence of delivery of all goods sold or rendition of services and all other
information or documents, as Administrative Purchaser may reasonably require. Such schedules of Approved Accounts, and offers to sell to Purchaser such Approved Accounts, shall be submitted on a weekly basis or with such other frequency as
Administrative Purchaser may agree. A separate schedule shall be delivered for each Client. 
 Section 1.4
Payment of Purchase Price. As consideration for the assignment and sale of a Purchased Account to Purchaser, Purchaser shall pay to the applicable Client the Purchase Price for such Purchased Account in accordance with the terms
hereof. The Initial Payment of the Purchase Price for a Purchased Account shall be payable on the date such Account is purchased by and is assigned to Purchaser hereunder and the Settlement Date Payment of the Purchase Price for a Purchased Account
shall be payable on the first Business Day after the Settlement Date for such Purchased Account. Purchaser shall remit to Client payment for a Purchased Account by Administrative Purchaser crediting the Client Ledger Account of such Client.
Notwithstanding anything to the contrary herein, if the Settlement Date for a Purchased Account occurs under clause (a) of the definition of Settlement Date, receipt by Administrative Purchaser from Client or Servicer of all remittance
information relating to the collection of such Purchased Account shall be a condition precedent to the payment of the Settlement Date Payment for such Purchased Account as set forth above. Payments by Purchaser of the Purchase Price for a Purchased
Account in accordance with the terms hereof shall be made by crediting the Client Ledger Account provided that payment of the Initial Payment for the Purchased Accounts purchased by Purchaser on the Effective Date shall be remitted directly to the
following bank accounts: 

  
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 Section 1.5 Assumption of Credit Risk. Upon the
purchase of a Purchased Account, Purchaser shall assume the Credit Risk thereon, but not the risk of non-payment of such Purchased Account for any other reason. Notwithstanding anything to the contrary set
forth herein, Purchaser’s Credit Risk on a Purchased Account shall not include any Customer’s inability to pay a Purchased Account at its longest maturity as a result of acts of war, acts of God, civil strife, currency restrictions or
foreign political impediments. Each Client shall be liable to Purchaser and Administrative Purchaser for all representations, warranties, covenants and indemnities made by such Client pursuant to the terms of this Agreement, all of which obligations
are limited so as not to constitute recourse to such Client for (a) the failure of any Customer to pay any Purchased Account due to an Insolvency Event, or (b) the non-payment of a Purchased Account
which remains unpaid on the Outside Date and with respect to which the applicable Customer has not asserted or alleged a Commercial Dispute. 

  
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 Section 1.6 No Commitment to Purchase; No Liability.
Purchaser shall have no obligation to accept any offer to sell, or otherwise to purchase, any Account from Client and nothing in this Agreement or otherwise constitutes a commitment on the part of Purchaser or Administrative Purchaser to make any
such purchase. Administrative Purchaser and Purchaser may reject any offer from time to time in its sole discretion, without any notice or explanation to Client as to the basis for such determination. No such obligation or commitment shall be
implied by an act or omission of Purchaser or Administrative Purchaser or on their behalf, other than the payment by Purchaser to Client of the Initial Payment of the Purchase Price for any Purchased Account in accordance with the terms hereof.
Purchaser and Administrative Purchaser shall have no liability to Client or to any other Person for declining to accept any offer to purchase a Purchased Account or the withdrawal or revocation of any acceptance of an offer to purchase a Purchased
Account on the basis of the failure of any of the conditions to such purchase to be satisfied in the reasonable determination of Administrative Purchaser. 

Section 1.7 Repurchase of Accounts 

1.7.1 Upon the occurrence of a Repurchase Event with respect to a Purchased Account (whether before, on or after the Settlement Date of
such Purchased Account), Administrative Purchaser may, upon notice to the Client from which such Purchased Account was purchased, require such Client to pay to Purchaser (or to Administrative Purchaser, on behalf of such Purchaser) the Repurchase
Price in respect of such Purchased Account. 
 1.7.2 The payment of the Repurchase Price for Purchased Accounts sold by Canadian
Client, any WFB Discount in respect of such Purchased Accounts or any other amounts at any time owing by Canadian Client to any Purchaser or Administrative Purchaser shall be made, at the option of Administrative Purchaser, either by:
(a) setoff by Administrative Purchaser against any amount then owing by Purchaser or Administrative Purchaser to Canadian Client, (b) debit or deduction from any deposit account of Canadian Client or the Client Ledger Account of Canadian
Client or (c) a cash payment by Canadian Client to the Purchaser of such Purchased Account. All such payments by Canadian Client to Purchaser or Administrative Purchaser shall be made without offset, defense, or counterclaim of any kind, nature
or description and, with respect to cash payments, to the WFB Bank Account for CAD Accounts or USD Accounts, as applicable, or to such other account specified by Administrative Purchaser to Canadian Client for such purpose. 

1.7.3 The payment of the Repurchase Price for Purchased Accounts sold by US Client, any WFB Discount in respect of such Purchased
Accounts or any other amounts at any time owing by US Client to any Purchaser or Administrative Purchaser shall be made, at the option of Administrative Purchaser, either by: (a) setoff by Administrative Purchaser against any amount then owing
by Purchaser or Administrative Purchaser to US Client, (b) debit or deduction from any deposit account of US Client or the Client Ledger Account of US Client or (c) a cash payment by US Client to the Purchaser of such Purchased Account.
All such payments by US Client to Purchaser or Administrative Purchaser shall be made without offset, defense, or counterclaim of any kind, nature or description and, with respect to cash payments, to the WFB Bank Account for USD Accounts or CAD
Accounts, as applicable, or to such other account specified by Administrative Purchaser to US Client for such purpose. 

  
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 1.7.4 If Administrative Purchaser has exercised its option to require that a Client
repurchase a Purchased Account, then upon the payment by or on behalf of such Client of the Repurchase Price for such Purchased Account, such Purchased Account shall be deemed to be sold by Purchaser back to such Client without further action or
payment, and without recourse, representation or warranty (and shall no longer constitute a Purchased Account hereunder). If after receipt of any payment, Purchaser is required to surrender or return such payment to any Person for any reason, then
the obligations intended to be satisfied by such payment shall be reinstated and continue and this Agreement shall continue in full force and effect as if such payment had not been received by Purchaser. 

Section 1.8 No Assumption of Obligations Related to Purchased Accounts. Purchaser and Administrative
Purchaser shall not have any obligation or liability to any Customer in respect of a Purchased Account or other customer of Client. No such obligation or liability is intended to be assumed hereunder by Purchaser or Administrative Purchaser, and any
such assumption is expressly disclaimed. 
 Section 1.9 True Sales. Client, Purchaser and
Administrative Purchaser intend that the conveyances and transfers of the Purchased Accounts hereunder be true sales by Client to Purchaser that are absolute and irrevocable and that provide Purchaser with the full benefits of ownership of the
Purchased Assets, and neither Client, Purchaser nor Administrative Purchaser intends the transactions contemplated hereunder to be, or for any purpose to be characterized as, loans from Purchaser or Administrative Purchaser to Client or an
assignment by way of security by Client to Purchaser or Administrative Purchaser. 
 ARTICLE 2 

ADMINISTRATION 

Section 2.1 Client Ledger Account 

2.1.1 Administrative Purchaser shall record in the Client Ledger Account of a Client all debits, credits and other entries for all
transactions hereunder or under any Other Agreement between such Client, on the one hand, and Purchaser and Administrative Purchaser, on the other hand, including, without limitation, all purchases from such Client of Purchased Accounts, payments to
such Client of the Purchase Price of such Purchased Accounts, including the Initial Payment and Settlement Date Payment of such Purchase Price, collections of such Purchased Accounts, Reserves attributable or allocated to such Client, and charges
for which such Client is liable hereunder, including, without limitation, amounts due for any Repurchase Price, discount, fees, costs, expenses and taxes. 

2.1.2 Administrative Purchaser shall make available to Client an internet accessible website which will permit Client to view all
debits, credits and other entries made by Purchaser to the Client Ledger Account during specific periods. 

  
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 2.1.3 Client agrees to log on to the internet accessible website provided by
Administrative Purchaser no less frequently than monthly, and Client shall review all transactions posted to the Client Ledger Account through the last day of each month. All postings to the Client Ledger Account for each month shall be subject to
subsequent adjustment by Administrative Purchaser but shall, absent manifest error, be conclusively presumed to be correct and accurate and constitute an account stated between Client and Administrative Purchaser unless, within 60 days after the
last day of any month, Client shall deliver to Administrative Purchaser written objection to the postings for such month describing the error or errors contained in any such postings. 

2.1.4 US Client hereby unconditionally promises to pay to Administrative Purchaser or any Purchaser all amounts due from any Client to
Administrative Purchaser or any Purchaser, as and when due, without deduction or setoff, regardless of any defense or counterclaim, in accordance with this Agreement. US Client hereby irrevocably authorizes Administrative Purchaser, from time to
time and without prior notice to Client (except as provided in the following sentence), to charge all amounts, including, without limitation, the amount of any Repurchase Price, all discount, costs, fees, expenses and other charges payable by Client
(or any Client) hereunder or under any of the Other Agreements to the Client Ledger Account of US Client. Administrative Purchaser shall use commercially reasonable efforts to notify Client prior to charging the Client Ledger Account for any legal
or field examination fees, costs or expenses payable by Client to Administrative Purchaser or Purchaser hereunder; provided, that, any failure of Administrative Purchaser to do so shall not constitute a default hereunder or limit the right of
Administrative Purchaser to charge such amounts to the Client Ledger Account when due in accordance with the terms hereof. 
 2.1.5
Canadian Client hereby unconditionally promises to pay to Administrative Purchaser or any Purchaser all amounts due from Canadian Client to Administrative Purchaser or any Purchaser as and when due, without deduction or setoff, regardless of any
defense or counterclaim, in accordance with this Agreement. Canadian Client hereby irrevocably authorizes Administrative Purchaser, from time to time and without prior notice to Client (except as provided in the following sentence), to charge all
amounts, including, without limitation, the amount of any Repurchase Price, all discount, costs, fees, expenses and other charges payable by Canadian Client hereunder or under any of the Other Agreements to the Client Ledger Account of Canadian
Client. Administrative Purchaser shall use commercially reasonable efforts to notify Client prior to charging the Client Ledger Account for any legal or field examination fees, costs or expenses payable by Client to Administrative Purchaser or
Purchaser hereunder; provided, that, any failure of Administrative Purchaser to do so shall not constitute a default hereunder or limit the right of Administrative Purchaser to charge such amounts to the Client Ledger Account when due in
accordance with the terms hereof. 
 Section 2.2 Payments and Remittances 

2.2.1 All checks, remittances, other items of payment and other Proceeds of Purchased Assets shall be property of Purchaser. All
invoices evidencing Accounts owing from Customers whose Accounts are at any time purchased by Purchaser hereunder shall indicate that the Account evidenced by such invoice is payable directly and only to Client at the applicable USD Collection
Accounts or CAD Collection Accounts (or, upon and after the occurrence of a Servicer Default and during its continuation, such other lockboxes or accounts as Administrative Purchaser may from time to time specify). If any checks, remittances, other
items of payment or other 

  
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Proceeds of Purchased Assets are received by Client, Client shall hold the same in trust for the benefit of Purchaser and will promptly deposit all such checks, remittances and other items of
payment and other Proceeds of Purchased Assets into the applicable Collection Account. The Collection Accounts as of the date hereof are listed on Schedule 2.2 hereto. Proceeds and collections from Purchased Accounts that are USD Accounts
shall be remitted and deposited only into Collection Accounts designated solely for collection and deposit of USD Accounts (the “USD Collection Accounts”). Proceeds and collections from Purchased Accounts that are CAD Accounts shall
be remitted and deposited only into Collection Accounts designated solely for collection and deposit of CAD Accounts (the “CAD Collection Accounts”). 

2.2.2 No later than thirty (30) days after the Effective Date, Client shall execute and deliver to Administrative Purchaser, in
form and substance reasonably satisfactory to Administrative Purchaser, a springing account control agreement with respect to each Collection Account that is a USD Collection Account (collectively, the “USD Deposit Account Control
Agreements”). No later than thirty (30) days after the Effective Date, Client shall execute and deliver to Administrative Purchaser, in form and substance reasonably satisfactory to Administrative Purchaser, a springing account control
agreement with respect to each Collection Account that is a CAD Collection Account (collectively, the “CAD Deposit Account Control Agreements”). The USD Deposit Account Control Agreements and CAD Deposit Account Control Agreements
are collectively referred to herein as the “Deposit Account Control Agreements”. Client shall not change (or, if Client is then acting as Servicer, permit Servicer to change) the Collection Accounts unless (a) Client shall have
provided Administrative Purchaser with prior written notice as required under Section 11.3, (b) the financial institution at which such Collection Account is maintained is acceptable to Administrative Purchaser and (c) Client shall have
delivered to the Administrative Purchaser a Deposit Account Control Agreement, executed by Client and such financial institution, with respect to such Collection Account. 

2.2.3 Subject to the terms of the Deposit Account Control Agreements, Administrative Client is irrevocably authorized, upon and during
the continuance of a Cash Dominion Trigger, to give instructions pursuant to such Deposit Account Control Agreements directing the disposition of funds (a) in the USD Collection Accounts, to Administrative Purchaser, on a daily basis, for the
benefit of the Purchaser with respect to collections from Purchased Accounts purchased by such Purchaser and (b) in the CAD Collection Accounts, to Administrative Purchaser, on a daily basis, for the benefit of the Purchaser with respect to
collections from Purchased Accounts purchased by such Purchaser. 
 2.2.4 If Purchaser or Administrative Purchaser is required to
repay, refund or otherwise disgorge any payment received by Purchaser or Administrative Purchaser for an Account of a Client, and such Account is the subject of a Commercial Dispute or Repurchase Event, such Client hereby indemnifies, saves and
holds harmless Purchaser and Administrative Purchaser with respect to such payment and the amount of the repayment by Purchaser or Administrative Purchaser shall be part of the Indemnified Amounts, notwithstanding any termination of this Agreement,
and such amount may be charged by Administrative Purchaser to the Client Ledger Account of such Client. 

  
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 2.2.5 In the event a Client at any time receives a payment from Purchaser (or from
Administrative Purchaser on behalf of Purchaser) with respect to any Account to which such Client has no rights, repayment of such payment shall be part of the obligations of such Client to Purchaser, whether or not this Agreement has been
terminated, and any such amounts shall be paid to Purchaser and shall be included in the Indemnified Amounts. 
 2.2.6 If Purchaser
or Administrative Purchaser receives a duplicate payment with respect to an Account or other payment which is not identified as applicable to an outstanding Account, Purchaser or Administrative Purchaser, as applicable, will account for such payment
as an open item and either return any duplicate or unidentified payment to the Customer or, in Administrative Purchaser’s reasonable discretion, apply such unidentified payment pursuant to the terms hereof upon proper identification and
documentation reasonably acceptable to Administrative Purchaser. 
 Section 2.3 Settlement Date; Client Ledger Account
Balances. 
 2.3.1 Without limiting the right of Administrative Purchaser to debit the Client Ledger Account for amounts due
from Client to Administrative Purchaser or Purchaser hereunder, including the Repurchase Price of a Purchased Account subject to a Repurchase Event, Administrative Purchaser will, for each Purchased Account of a Client, credit the Client Ledger
Account of such Client in the amount equal to the Settlement Date Payment for each such Purchased Account on the first Business Day after the Settlement Date applicable to each such Purchased Account. 

2.3.2 At the request of Client, Administrative Purchaser shall remit, subject to Administrative Purchaser’s right to withhold
Reserves, any credit balance in the Client Ledger Account of a Client as of the close of business on the immediately preceding Business Day to such Client by wire transfer of immediately available funds to the Client Bank Account (or to such other
depository account as may be required under the Lien Release Agreement). Should the Client Ledger Account for any Client (or group of Clients) at any time have a deficit balance, Administrative Purchaser shall provide such Client(s) with written
notice thereof and such Client(s) shall pay to the applicable Purchaser the amount of such deficit on or before the date and in accordance with the wire transfer instructions specified in such written notice. Administrative Purchaser may withhold
from any credit balance in the Client Ledger Account such Reserves as Administrative Purchaser has established from time to time, in its Permitted Discretion. 

Section 2.4 Currency Provisions 

2.4.1 All reports and schedules of Accounts delivered by Client to Administrative Purchaser under this Agreement, including with respect
to Accounts offered for sale to Purchaser hereunder, shall reflect USD Accounts in US Dollars and CAD Accounts in Canadian Dollars. Payments by Purchaser of the Purchase Price for CAD Accounts or otherwise in respect of CAD Accounts shall be made,
and credited to the Client Ledger Account, in Canadian Dollars. Payments by Purchaser of the Purchase Price for USD Accounts or otherwise in respect of USD Accounts shall be made, and credited to the Client Ledger Account, in US Dollars. 

  
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 2.4.2 Payments of the Repurchase Price for CAD Accounts, the WFB Discount in respect
of CAD Accounts, Commissions in respect of CAD Accounts and Obligations (as defined below) in respect of CAD Accounts shall, except with regard to the fees set forth in Sections 3-4 of Schedule 1.1, be
remitted and payable by Client to Purchaser in Canadian Dollars. All other amounts due or payable from Client to Purchaser under this Agreement or the Other Agreements, including payments of the Repurchase for USD Accounts, the WFB Discount in
respect of USD Accounts, Commissions in respect of USD Accounts and Obligations in respect of USD Accounts, shall be remitted and payable by Client to Purchaser in US Dollars. To the extent Client or Servicer receives Proceeds of Purchased Accounts
that are USD Accounts in any currency other than US Dollars, Client shall remit to Purchaser the US Dollar Equivalent of such Proceeds in accordance with Section 2.2.1. To the extent Client or Servicer receives Proceeds of Purchased
Accounts that are CAD Accounts in any currency other than Canadian Dollars, Client shall remit to Purchaser the Canadian Dollar Equivalent of such Proceeds in accordance with Section 2.2.1. 

2.4.3 In the event Purchaser or Administrative Purchaser receives Proceeds of CAD Accounts in any currency other than Canadian Dollars,
Client hereby (a) authorizes such Purchaser or Administrative Purchaser to convert such Proceeds to the Canadian Dollar Equivalent thereof as of the date of such receipt and (b) acknowledges and agrees that Client shall bear the risk, and
agrees to indemnify and reimburse such Purchaser or Administrative Purchaser for, any currency loss due to such currency conversion. 

2.4.4 In the event Purchaser or Administrative Purchaser receives Proceeds of USD Accounts in any currency other than US Dollars, Client
hereby (a) authorizes such Purchaser or Administrative Purchaser to convert such Proceeds to the US Dollar Equivalent thereof as of the date of such receipt and (b) acknowledges and agrees that Client shall bear the risk, and agrees
to indemnify and reimburse such Purchaser or Administrative Purchaser for, any currency loss due to such currency conversion. 
 ARTICLE 3

 FEES AND EXPENSES 

Section 3.1 Fees. Each Client agrees to timely pay all fees applicable to it as set forth on
Schedule 1.1 annexed hereto, all of which fees shall be fully earned and payable when due, may be charged by Administrative Purchaser to the Client Ledger Account of such Client and shall not be subject to refund, rebate or proration for any
reason whatsoever. 
 Section 3.2 Reimbursement of Costs, Fees and Expenses Incurred by Administrative
Purchaser and Purchaser. Each Client shall reimburse Administrative Purchaser and each Purchaser for all of their out-of-pocket costs, fees and expenses (which
shall in each case be reasonable and properly-documented) incurred by such Administrative Purchaser and Purchaser, including attorneys’ costs, fees and expenses, in connection with: (a) obtaining or enforcing payment or performance of any
obligation owing by such Client to Administrative Purchaser and Purchaser hereunder or under any Other Agreement, (b) field examinations and inspections of such Client, such Client’s operations and the Approved Accounts, at the current
rates established from time to time by Administrative Purchaser as its fee for such exams or inspections (which fees are currently $950 per day per collateral examiner), plus all actual
out-of-pocket costs and expenses incurred in conducting any collateral exam or inspection; provided that, absent the existence of a Servicer Default or any
event or circumstance set forth in Section 8.1.2 (other than subsection (a) thereof), Client shall not be obligated to reimburse Administrative 

  
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Purchaser for (i) costs and expenses in excess of $10,000 in the aggregate in connection with each such examination or inspection or (ii) more than one such examination or inspection
per Contract Year, and (c) the prosecution or defense of any action or proceeding concerning any matter arising out of or connected with this Agreement, any Other Agreement or any of the Purchased Assets of such Client (excluding any actions or
proceedings by Administrative Purchaser or Purchaser for the collection of Purchased Accounts for which Purchaser has retained the Credit Risk). In addition to the foregoing, each Client shall pay to Purchaser and Administrative Purchaser their
standard and customary fees relating to bank services, wire transfers, special or additional reports, remittance expenses (including, without limitation, incoming wire charges, currency conversion fees and stop payment fees), and other services at
such rates as shall be charged by Purchaser and Administrative Purchaser to their respective clients from time to time. All such reasonable and properly-documented costs, fees and expenses, together with all filing, recording and search fees and
taxes payable by Client to Administrative Purchaser and/or Purchaser, shall be payable on demand by Administrative Purchaser and may be charged by Administrative Purchaser to the Client Ledger Account of such Client. 

ARTICLE 4 
 SAVINGS
CLAUSE 
 If, notwithstanding the intention of the parties expressed in Section 1.9 hereof, the conveyance and transfer by Client
to Purchaser of the Purchased Assets hereunder shall be characterized other than as true sales, and as security for Client’s performance for all of its obligations under this Agreement and the Other Agreements, this Agreement shall constitute a
security agreement under the UCC, the PPSA and other applicable law. For this purpose, each Client hereby grants to Administrative Purchaser, as agent for the benefit of itself and each Purchaser, a duly perfected, first priority security interest
(subject to Section 7.1.2(b)) in all of such Client’s rights in, to and under the Purchased Assets to secure the timely payment and performance by such Client of all of its obligations owing to Purchaser and Administrative Purchaser. In
the event this Agreement shall be characterized as a security agreement, Purchaser and Administrative Purchaser shall have, in addition to the rights and remedies which it may have under this Agreement, all other rights and remedies provided to a
secured creditor under the UCC, the PPSA and other applicable law, which rights and remedies shall be cumulative and may be exercised alternatively, successively or concurrently on any one or more occasions. 

ARTICLE 5 
 CLIENT
REPRESENTATIONS AND WARRANTIES 
 Client hereby makes all of the representations and warranties set forth on Riders B1 and B2 annexed
hereto. 

  
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 ARTICLE 6 

AFFIRMATIVE COVENANTS 

Client hereby agrees as follows: 

Section 6.1 Recordkeeoina, Rights of Inspection, Audit, Etc. 

(a) Client shall maintain proper books of record and account in which full, true and correct entries are made of all dealings and transactions
in relation to Client’s properties, business and activities, including without limitation, promptly upon the sale of each Purchased Account to Purchaser. 

(b) Client shall permit authorized representatives of Administrative Purchaser from time to time, at reasonable times and intervals, during
regular business hours and upon reasonable prior notice to Client (or, during the existence and continuance of a Servicer Default, at any time without notice), to perform field examinations, to visit and inspect the properties of Client, to review,
audit, check and inspect the Purchased Accounts and other Purchased Assets to review, audit, check and inspect Client’s books or records and to make abstracts and photocopies thereof, and to discuss the affairs, finances and accounts of Client,
with the officers, directors, employees and other representatives of Client and its accountants. Administrative Purchaser shall use reasonable efforts to coordinate the timing of any such field examinations with any examinations or inspections being
performed by, or to be performed by, the ABL Lenders. Notwithstanding the foregoing, and subject to the limitations on reimbursement set forth in Section 3.2(b), Administrative Purchaser may perform such separate examinations as it deems
necessary in its Permitted Discretion. 
 (c) Client will mark its books and records (whether electronic or otherwise) which relate to the
Purchased Assets with a legend, reasonably acceptable to Administrative Purchaser, evidencing that the Purchased Assets have been sold by Client to Purchaser. In the event that any such 

electronic records are printed and distributed or shown to any Person other than Client or Purchaser, such legend shall be included with such printed records.

 Section 6.2 Intentionally omitted. 

Section 6.3 Notification of Material Disputes and Certain Other Events. Client and Servicer shall
promptly notify Administrative Purchaser in writing after Client or Servicer, as the case may be, obtains knowledge of the occurrence of: 

(a) Any event or circumstance set forth in Section 8.1.2 (other than subsection (a) thereof); 

(b) any material dispute (including, without limitation, any Commercial Dispute) between a Customer and Client or the return by or
repossession of any Goods or services from any Customer; 
 (c) the assertion, filing, recording or perfection by any means of any Lien
against any of the Purchased Assets, other than in favor of Administrative Purchaser; 
 (d) the occurrence of an Insolvency Event with
respect to any Customer; 

  
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 (e) any (i) material change to the credit limits, availability formulas or reserves
under the ABL Documents or (ii) amendment or modification to the ABL Loan Documents that would have the effect of materially decreasing the total combined amount available for borrowing by US Parent and Canadian Parent under the ABL Loan
Documents. 
 Section 6.4 Financial Information. Client shall cause to be prepared and shall deliver
to Administrative Purchaser, in each case, in form and content reasonably satisfactory to Administrative Purchaser: 
 6.4.1 Within 30
days after the end of each month (or, with respect to any month that is the end of a calendar quarter, within 45 days after the end of such month), monthly internally prepared (a) (i) consolidated and consolidating balance sheet, income
statement and statement of shareholder’s equity, and (ii) consolidating statement of cash flow, and (b) consolidating internally prepared Financial Statements for each of the US Client and Canadian Client for such month, in each case,
together with any management highlights or discussion. Such Financial Statements described in the foregoing clauses (a) and (b) to be certified by each respective Client’s President or Chief Financial Officer and prepared in accordance
with US GAAP with respect to US Client and Canadian GAAP with respect to Canadian Client. 
 6.4.2 Within 135 days after the end
of each fiscal year, (a) US Parent’s Financial Statements for such fiscal year, audited by a certified public accountant reasonably acceptable to Administrative Purchaser and prepared on a consolidated basis in accordance with US GAAP
and (b) Canadian Parent’s Financial Statements for such fiscal year, audited by a certified public accountant reasonably acceptable to Administrative Purchaser and prepared on a consolidated basis in accordance with Canadian GAAP; 

6.4.3 Within 30 days after the start of each fiscal year, projections of each Client for such fiscal year, prepared on a monthly basis;

 6.4.4 Within 15 days after the end of each month, (i) each Client’s accounts payable aging, (ii) a detailed aging of
Approved Accounts of US Client in electronic format, as at the last business day of the previous month, including credit lines and customer number; (iii) a detailed aging of Approved Accounts of Canadian Client in electronic format, as of the
last business day of the previous month, including credit lines and customer number; (iv) a report of each Canadian Client’s then outstanding VAT tax (including HST) liability, if any, and evidence, reasonably acceptable to Administrative
Purchaser, of the payment by each Canadian Client of all VAT (including HST) liabilities payable in such preceding month and (v) with respect to each of US Client and Canadian Client, a written collection comment for Approved Accounts of such
Client that are outstanding 60 days or more beyond normal terms (or 30 days, if the amount 30 or more days past due exceeds $100,000), which includes the following information: 

(A) Customer’s telephone number that was called; 

(B) name of party spoken to; 

(C) prior collection comment; and 

(D) current month’s collection comment; 

  
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 6.4.5 Contemporaneously with the delivery thereof, a copy of each compliance
certificate, borrowing base and collateral report delivered by Client or any of its affiliates under or pursuant to the ABL Loan Documents; 

6.4.6 Contemporaneously with the receipt thereof, a copy of each notice of default or exercise of cash dominion received by Client or
any of its affiliates under or pursuant to the ABL Loan Documents; 
 6.4.7 Promptly, upon Administrative Purchaser’s request
from time to time, such other financial information as Administrative Purchaser may reasonably request. 

Section 6.5 USA PATRIOT Act, Etc. Client will (a) ensure, and cause each subsidiary to ensure,
that none of its respective equity owners shall be listed on the Specially Designated Nationals and Blocked Person List or other similar lists maintained by OFAC, the Department of the Treasury or included in any Executive Orders of the President of
the United States, (b) not use or permit the use of the proceeds of any Purchased Account purchased hereunder or any other financial accommodation from Purchaser or Administrative Purchaser to violate any of the foreign asset control
regulations of OFAC or other applicable law, rule or regulation, (c) comply, and cause each subsidiary to comply, with all applicable Bank Secrecy Act laws and regulations, as amended from time to time, and (d) otherwise comply with the
Patriot Act. 
 Section 6.6 Communications with Customers. Client irrevocably authorizes
Administrative Purchaser (in Administrative Purchaser’s name or in the name of a nominee of Administrative Purchaser) to communicate with any Customer obligated on an Approved Account to verify the balance of such Approved Account or to confirm
Client’s sale of goods or rendition of services to such Customer. Administrative Purchaser shall provide prior notice to Client of any intended communication by Administrative Purchaser with any Customer under this Section 6.6 and, if
requested by Client, Administrative Purchaser shall conduct such communication together with Client and with Administrative Purchaser acting as a silent participant in any such communication; provided that the foregoing shall not apply
(a) upon and during the continuance of a Servicer Default, (b) upon or after termination of this Agreement other than under Section 8.1.1 or 8.1.2(a) hereof, (c) to verifications conducted by Administrative Purchaser through any
internet accessible website or electronic portal provided or made available by Customer to Client (“Electronic Verifications”) or (d) at any time that any Purchased Account is ninety (90) or more days past due. Client
irrevocably authorizes Administrative Purchaser to conduct such Electronic Verifications at any time and agrees to provide to Administrative Purchaser, upon Administrative Purchaser’s reasonable request therefor, such logins, passwords and
other assistance as may be reasonably necessary for Administrative Purchaser to access such internet accessible websites or electronic portals provided or made available by Customer to Client. Without limiting the foregoing, upon and during the
continuance of a Servicer Default (whether or not Administrative Purchaser exercises its right to appoint a replacement Servicer) and at any time any Purchased Account is ninety (90) or more days past due, Client irrevocably authorizes
Administrative Purchaser (in Administrative Purchaser’s name or in the name of a nominee of Administrative Purchaser) to settle Commercial Disputes and for all such other purposes arising in connection with Purchaser’s purchase of the
Purchased Account. 

  
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 Section 6.7 Further Action and Further Assurances 

6.7.1 Client will take all necessary action to establish and maintain in favor of Purchaser good title to (and, to the extent that the
interest of a buyer of accounts is a “security interest” under the UCC or PPSA, a valid and perfected first priority security interest in) all Purchased Assets, free and clear of any security interest, Lien, pledge, claim or other
encumbrance for the benefit of any Person other than Administrative Purchaser (including, without limitation, the filing of all financing statements or other similar instruments or documents necessary under the UCC or PPSA (or any comparable law) of
all appropriate jurisdictions) and from time to time, at its expense, Client will promptly execute and deliver all further instruments and documents, and take all further action that Administrative Purchaser may reasonably request in order to
perfect, protect or more fully evidence Purchaser’s ownership of the Purchased Assets, or to enable Administrative Purchaser or Purchaser to exercise or enforce any of its rights under this Agreement and any Other Agreement. 

6.7.2 Client irrevocably and unconditionally authorizes Administrative Purchaser (or its agent) to file at any time and from time to
time such UCC and PPSA financing statements with respect to the Purchased Assets naming Client as seller/debtor and Administrative Purchaser (and/or Purchaser) as buyer/secured party, as Administrative Purchaser may require, together with any
amendments and continuations with respect thereto, which authorization shall apply to all financing statements filed on, prior to or after the date hereof. Client hereby ratifies and approves all financing statements naming Client as seller/debtor
and Administrative Purchaser (or Purchaser) as buyer/secured party, with respect to the Purchased Assets (and any amendments and continuations with respect to such financing statements) filed by or on behalf of Administrative Purchaser (or
Purchaser) prior to the date hereof. In no event shall Client at any time file, or cause to be filed, any correction statement or termination statement with respect to any financing statement (or any amendment or continuation with respect thereto)
naming Client as seller/debtor and Administrative Purchaser (or Purchaser) as buyer/secured party. 
 Section 6.8
Communications with ABL Lenders. Client hereby irrevocably authorizes Administrative Purchaser to communicate with ABL Lenders, and irrevocably authorizes ABL Lenders to communicate with Administrative Purchaser, with respect to all
matters concerning the ABL Loan Documents, including for the purpose of Administrative Purchaser verifying borrowing availability of Client under the ABL Loan Documents. 

Section 6.9 Credit Insurance. Client shall, and Client shall cause Servicer to (if Client is acting as
Servicer), in each case at the prior written request of Administrative Purchaser, produce such information in the possession of, or reasonably available to, Client as may be necessary for Administrative Purchaser or any Purchaser to submit a claim
under any credit insurance policy with respect to any Purchased Account. 

  
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 ARTICLE 7 

NEGATIVE COVENANTS 
 Client
agrees as follows: 
 Section 7.1 Negative Covenants. Client shall not: 

7.1.1 Without giving Administrative Purchaser at least ten (10) days prior written notice: 

(a) change Client’s legal name or conduct business under a fictitious, assumed or “d/b/a” name; 

(b) change Client’s organizational identification number (or acquire an organizational number if Client does not have one as of the
Effective Date); 
 (c) change Client’s type of organization; 

(d) change Client’s jurisdiction of organization; 

(e) change Client’s chief executive office, mailing address or any location of its books and records; or 

(f) change Client’s certified public accountants (or chartered accountants in the case of Canadian Client). 

7.1.2 At any time: 
 (a)
without Administrative Purchaser’s prior written consent, be a party to a merger, amalgamation or consolidation or acquire all or substantially all of the assets of any Person unless Client shall be the surviving or continuing entity, as
applicable, of such merger, amalgamation or consolidation; or 
 (b) grant or permit to exist any Lien or otherwise transfer any other
interest in any of the Purchased Assets to any Person other than holders of Permitted Liens, without Administrative Purchaser’s prior written consent. 

ARTICLE 8 
 TERM 

Section 8.1 Termination and Autorenewal. This Agreement shall remain in full force and effect until
terminated as follows: 
 8.1.1 Client may terminate this Agreement upon at least thirty (30), but no more than ninety (90),
days’ prior written notice to Administrative Purchaser. Unless Administrative Purchaser has received such notice at least thirty (30) days prior to the last day of the Initial Term (or, as applicable, Renewal Term), or this Agreement shall
be otherwise terminated in accordance with the terms hereof, this Agreement shall automatically renew for successive Renewal Terms. 

  
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 8.1.2 Administrative Purchaser, on behalf of itself or Purchaser, may terminate this
Agreement at any time if 
 (a) Administrative Purchaser provides Client with ninety (90) days’ prior written notice; 

(b) A Client fails to pay any amounts payable by such Client to Administrative Purchaser or Purchaser hereunder when due and payable hereunder
unless such failure is cured within three (3) Business Days after Administrative Purchaser provides Client with written notice of such failure (and provided that the foregoing shall not be construed to limit the right of Administrative
Purchaser to charge such amounts as and when due to the Client Ledger Account of such Client in accordance with the terms hereof or to offset amounts payable by Administrative Purchaser or Purchaser to such Client hereunder against any amounts
payable by such Client to Administrative Purchaser or Purchaser hereunder as and when such amounts are due); 
 (c) Client fails to perform
any of the covenants contained in this Agreement or in any Other Agreement and such failure, if capable of cure, continues uncured for ten (10) consecutive days after Administrative Purchaser provides Client with written notice of such failure
(provided such ten day period shall not apply to any failure of Client to perform under Section 6.4); 
 (d) any representation,
warranty or statement of fact made or deemed made by Client to Administrative Purchaser or Purchaser in this Agreement or any Other Agreement or otherwise in connection with the transactions contemplated hereunder shall when made or deemed made be
false or misleading in any material respect; 
 (e) Client dissolves or suspends or discontinues doing business or shall be subject to an
Insolvency Event; 
 (f) A change in any applicable law, rule, code, statute, regulation or treaty prohibits or otherwise adversely affects
Administrative Purchaser’s or Purchaser’s rights or obligations under this Agreement in any material respect; 
 (g) The
occurrence of an event of default under the ABL Loan Documents; or 
 (h) There shall occur and be continuing a Servicer Default other than
under clause (i) or (k) of Section 11.4. 
 Section 8.2 Effect of Termination. Upon
termination, all amounts then owing from Client shall be immediately due and payable, and Administrative Purchaser and Purchaser may exercise any rights and remedies available to Administrative Purchaser and Purchaser at law or equity;
provided, that, upon the occurrence of a case or proceeding against Client that is an Insolvency Event: (a) this Agreement shall automatically and without notice or action terminate, 

  
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and (b) Purchaser and Administrative Purchaser shall have no obligation to pay the Purchase Price for any Accounts that are not Purchased Accounts or that have been rejected by Purchaser or
otherwise not accepted for purchase by Purchaser prior to the commencement of such case or proceeding. Termination shall not affect any rights created or obligations incurred under this Agreement prior to termination. Any amounts due to
Administrative Purchaser and/or Purchaser hereunder shall become immediately due and payable in full in cash or other immediately available funds without further notice or demand. 

ARTICLE 9 
 INDEMNITIES

 Section 9.1 Indemnification. Each Client, jointly and severally, hereby indemnifies and holds
each Indemnified Person harmless from and against any and all suits, actions, proceedings, claims, damages, losses, liabilities and expenses of every kind and nature (including attorneys’ costs, fees and expenses) which may be instituted or
asserted against or incurred by any such Indemnified Person with respect to the execution, delivery, enforcement, performance or administration of, or in any other way arising out of this Agreement or any Other Agreement, and any actions or
inactions with respect to any of the foregoing (all of the foregoing being collectively called “Indemnified Amounts”), except to the extent that any such indemnified liability is determined pursuant to a final, non-appealable order issued by a court of competent jurisdiction to have resulted primarily from such Indemnified Person’s gross negligence, bad faith or willful misconduct. No Indemnified Person shall be
responsible or liable to Client for indirect, punitive, special, exemplary or consequential damages which may be alleged as a result of the purchase of any Purchased Account or other financial accommodation having been extended, denied, delayed,
conditioned, suspended or terminated under this Agreement or any Other Agreement or as a result of any other event or transaction contemplated hereunder or thereunder, in each case except to the extent that any such indemnified liability is
determined pursuant to a final, non-appealable order issued by a court of competent jurisdiction to have resulted primarily from such Indemnified Person’s gross negligence, bad faith or willful
misconduct. 
 Section 9.2 Taxes. 

(a) If any tax or fee imposed by any Governmental Authority (other than income and franchise taxes owing by Purchaser) is or may be imposed on
or as a result of any transaction between a Client and Purchaser or Administrative Purchaser, or with respect to sales by such Client or the Goods or services affected by such sales, which Purchaser or Administrative Purchaser is or may be required
to withhold or pay, such Client acknowledges sole responsibility for such fee or tax and agrees to indemnify and hold Purchaser and Administrative Purchaser harmless in respect of such taxes. Such Client will pay to Purchaser and Administrative
Purchaser, promptly upon demand therefor, the amount of any such taxes, which shall be charged by Administrative Purchaser to the Client Ledger Account of such Client. 

(b) Each Client agrees to pay any present or future stamp, value added or documentary taxes or any other excise or property taxes, charges or
similar levies that arise from any payment made hereunder or from the execution, delivery, performance, recordation, or filing of, or otherwise with respect to this Agreement or any Other Agreement. 

  
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 (c) Each Client shall pay and discharge when due all taxes and fees assessed by any
Governmental Authority against such Client as a result of or in connection with the transactions contemplated hereunder. 
 (d) For greater
certainty, notwithstanding the sale and assignment of the accounts hereunder, it shall be the responsibility of Canadian Client to remit to the applicable Governmental Authority all amounts which Canadian Client is required to remit on account of
goods and services tax and harmonized sales tax pursuant to part DC of the Excise Tax Act (Canada) and the applicable provincial legislation and pursuant to applicable provincial sales tax legislation. 

Section 9.3 No Liability. Administrative Purchaser and Purchaser shall not be liable to Client or any
other Person or in any manner for declining, withholding or terminating the designation of any Account as a Purchased Account. If Administrative Purchaser or Purchaser declines, withholds or terminates the designation of an Account as a Purchased
Account and provides Client with any information regarding the Customer obligated on such Account, Client agrees to hold such information as confidential, and Client agrees not to disclose such information to the Customer or any other Person. 

ARTICLE 10 

MISCELLANEOUS PROVISIONS 

Section 10.1 UCC Terms and PPSA Terms. When used herein, unless otherwise indicated herein and as
applicable, (i) with respect to assets and properties of US Clients, the terms “Account”, “Chattel Paper”, “Commercial Tort Claim”, “Deposit Account”,
“Document”, “Electronic Chattel Paper”, “Equipment”, “General Intangible”, “Goods”, “Instrument”, “Inventory”, “Investment
Property”, “Letter-of-Credit Right”, “Proceeds”, “Record” and “Supporting Obligation” shall
have their respective meanings set forth in the UCC and (ii) with respect to assets and properties of Canadian Clients, the terms “Account”, “Chattel Paper”, “Document of Title”,
“Equipment”, “Goods”, “Instrument”, “Intangible”, “Inventory”, “Investment Property”, “Money”, “Proceeds”,
“Security Agreement” and “Security Interest” shall have their respective meanings set forth in the PPSA. 

Section 10.2 Purpose. The purpose of this Agreement is commercial in nature and not for household,
family and/or personal use. 
 Section 10.3 Power of Attorney. In order to carry out this Agreement,
Client irrevocably appoints Administrative Purchaser, or any Person designated by Administrative Purchaser, as its special attorney in fact, or agent, with power to: 

(a) receive, open, read and thereafter forward to Client (if appropriate) all mail addressed to Client (including any trade name of Client)
sent to Administrative Purchaser’s or Purchaser’s address. Any payments received shall be processed in accordance with this Agreement; 

(b) endorse the name of Client or Client’s trade name on any checks or other items of payment that may come into the possession of
Administrative Purchaser or Purchaser with respect to any Purchased Account and on any other documents relating to any of the Purchased Assets; 

  
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 (c) upon the occurrence and during the continuance of a Servicer Default, in Client’s
name, or otherwise, sue for, settle, collect and give releases for any and all moneys due or to become due on any Purchased Account; and 

(d) upon the occurrence and during the continuance of any Servicer Default or termination of this Agreement, do any and all things necessary
and proper to carry out this Agreement. 
 This power, being coupled with an interest, is irrevocable while this Agreement remains in effect
or any of the obligations under this Agreement or the Other Agreements remain outstanding. Administrative Purchaser, as attorney-in-fact, shall not be liable for any
errors of judgment or mistake of fact. 
 Administrative Purchaser agrees to provide Client with written notice of any actions undertaken by
Administrative Purchaser using the above power of attorney. 
 Section 10.4 Successors and Assigns.
This Agreement binds and is for the benefit of the heirs, executors, administrators, successors and assigns of the parties hereto, except that (a) Client shall not have the right to assign its rights hereunder or any interest herein without
Administrative Purchaser’s prior written consent, and (b) absent the existence of a Servicer Default, Purchaser shall not have the right to assign its rights hereunder or any interest herein without the applicable Client’s consent
except (i) in connection with or as may be necessary for Purchaser or Administrative Purchaser to submit a claim under any credit insurance policy with respect to any Purchased Account (and, with respect to any such claims submitted as a result
of a Settlement Date under clause (b) of the definition thereof, upon five (5) Business Days prior written notice), (ii) upon prior notice to Client, an assignment to any subsidiary, affiliate or parent company of Purchaser,
(iii) upon prior notice to Client (to the extent provision of such notice is practicable under the circumstances and permitted under applicable law), as may be required by any regulatory or government agency where such regulatory government
agency requires transfer to a Person who is not a subsidiary, affiliate or parent company of Purchaser or (iv) upon prior written notice to Client, in connection with a sale or disposition by Purchaser of all or substantially all of a line of
business of Purchaser. For the avoidance of doubt, the foregoing shall not restrict the right of Administrative Purchaser or Purchaser to pledge its rights hereunder or any interest herein (including, without limitation, the Purchased Receivables).

 Section 10.5 Cumulative Rights. The rights, powers and remedies provided in this Agreement and in
the Other Agreements are cumulative, may be exercised concurrently, or separately, may be exercised from time to time and in such order as Administrative Purchaser shall determine, subject to the provisions of this Agreement. Administrative
Purchaser’s or Purchaser’s failure or delay to exercise or enforce, in whole or in part, any right, power or remedy under this Agreement or any Other Agreement, shall not constitute a waiver thereof, nor preclude any other or further
exercise thereof. 

  
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 Section 10.6 Waiver. Administrative Purchaser and
Purchaser shall not waive any of their respective rights and remedies unless the waiver thereof is in writing and signed by Administrative Purchaser and Purchaser. A waiver by Administrative Purchaser or Purchaser of a right or remedy under this
Agreement on one occasion shall not constitute a waiver of the right or remedy on any subsequent occasion. 

Section 10.7 Amendment. Except as otherwise provided herein, this Agreement may not be supplemented,
changed, waived, discharged, terminated, modified or amended, except by written instrument executed by Administrative Purchaser, Purchaser and Client. 

Section 10.8 Intentionally omitted. 

Section 10.9 Governing Law; Dispute Resolution. This Agreement is made and is to be performed under
the laws of the State of New York and shall be governed by and construed in accordance with said law, excluding any principles of any conflicts of laws or other rule of law that would result in the application of the law of any jurisdiction other
than the laws of the State of New York. Client, Administrative Purchaser and Purchaser expressly submit and consent to the jurisdiction of the state and federal courts located in the County of New York, State of New York with respect to any
controversy arising out of or relating to this Agreement or any Other Agreement amendment or supplement thereto or to any transactions in connection therewith. Client, Administrative Purchaser and Purchaser irrevocably waive all claims, obligations
and defenses that Client, Administrative Purchaser or Purchaser, as applicable, may have regarding such court’s personal or subject matter jurisdiction, venue or inconvenient forum. Nothing herein shall limit the right of Administrative
Purchaser or Purchaser to bring proceedings against Client in any other court. Each of the parties to this Agreement hereby waives personal service of any summons or complaint or other process or papers to be issued in any action or proceeding
involving any such controversy and hereby agrees that service of such summons or complaint or process may be made by registered or certified mail (a) if to the Client, then to Client’s address appearing on the signature page hereto, with a
copy to Industrial Opportunity Partners, LLC, 1603 Orrington Avenue, Suite 700, Evanston, Illinois 60201, Attention: J. Kyle Hood, and (b) if to the Administrative Purchaser or any Purchaser, then to such party’s address appearing on the
signature page hereto. 
 Section 10.10 Severability of Provisions. In the event any provision of
this Agreement (or any part of any provision) is held by a court of competent jurisdiction to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision (or remaining
part of the affected provision) of this Agreement, but this Agreement shall be construed as if such invalid, illegal or unenforceable provision (or part thereof) had not been contained in this Agreement, but only to the extent it is invalid, illegal
or unenforceable. 
 Section 10.11 Survival. All covenants, representations and warranties made in
this Agreement continue in full force until this Agreement has been terminated in accordance with its terms and all amounts payable under this Agreement and the Other Agreements (including, without limitation, all Indemnified Amounts) have been
finally paid and satisfied in full in cash or other immediately available funds. The obligation of Client in Article 9 to indemnify Administrative Purchaser and Purchaser shall survive until the statute of limitations with respect to any such claim
or cause of action described in Article 9 shall have expired. 

  
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 Section 10.12 Entire Agreement. This Agreement,
together with the Other Agreements, is intended by Administrative Purchaser, Purchaser and Client to be a complete, exclusive and final expression of the agreements contained herein with respect to Purchaser’s purchase of Purchased Accounts
from Client hereunder. Neither Administrative Purchaser, Purchaser nor Client shall hereafter have any rights under any prior agreements pertaining to the matters addressed by this Agreement or the Other Agreements but shall look solely to this
Agreement and the Other Agreements for definition and determination of all of their respective rights, liabilities and responsibilities under this Agreement and the Other Agreements. THIS AGREEMENT AND THE OTHER AGREEMENTS REPRESENT THE FINAL
AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. 

Section 10.13 Data Transmission. Administrative Purchaser and Purchaser assume no responsibility for
privacy or security risks as a result of the method of data transmission selected by Client. Administrative Purchaser and Purchaser assume no responsibility for privacy or security for data transmitted from Administrative Purchaser or Purchaser to
Client once the data is dispensed from Wells Fargo Bank, National Association’s internal network. 

Section 10.14 Information. Without limiting Administrative Purchaser’s and Purchaser’s right
to share information regarding Client and its affiliates with Administrative Purchaser’s and Purchaser’s agents, accountants, lawyers and other advisors, Client agrees that Wells Fargo & Co., and all direct and indirect
subsidiaries of Wells Fargo & Co., may, among themselves, discuss or otherwise utilize any and all information they may have in their possession regarding Client, and Client waives any right of confidentiality Client may have with respect
to such exchange of such information. 
 Section 10.15 Notice. Unless otherwise specified herein,
all notices pursuant to this Agreement shall be in writing and sent either by hand, certified mail, return receipt requested, or by recognized overnight courier service, (a) if to the Client, then to Administrative Client’s address
appearing on the signature page hereto, with a copy to Industrial Opportunity Partners, LLC, 1603 Orrington Avenue, Suite 700, Evanston, Illinois 60201, Attention: J. Kyle Hood, (b) if to the Administrative Purchaser or any Purchaser, then to
Administrative Purchaser’s address appearing on the signature page hereto or (c) to such other addresses as a party may from time to time furnish to the other party by notice. Any notice hereunder shall be deemed to have been given on
(i) the fifth (5th) Business Day after it is hand delivered, (ii) the seventh (7th) Business Day after it is deposited in the U.S. or Canadian Mail, as applicable, if sent as aforesaid, or (iii) five (5) Business Days after it is
delivered to a recognized overnight courier service with instructions for next day delivery. 
 Section 10.16
Counterparts. This Agreement may be executed in any number of duplicate originals or counterparts, each of which shall be deemed to be an original and all taken together shall constitute but one and the same instrument. Client agrees
that a facsimile or electronic transmission of any signature of Client shall be effective as an original signature thereof. Administrative Purchaser and Purchaser agree that a facsimile or electronic transmission of this Agreement executed by such
Person shall be effective as an original signature thereof. 

  
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 Section 10.17 Headings. The headings set forth
herein are for convenience only and shall not be deemed to define, limit or describe the scope or intent of this Agreement. 

Section 10.18 Retention of Records. Administrative Purchaser and Purchaser shall have no obligation to
maintain electronic records or retain any documents, schedules, invoices, agings or other records delivered to Administrative Purchaser or Purchaser by Client in connection with this Agreement or any other document or agreement described in or
related to this Agreement beyond the time periods set forth for retention of records in Administrative Purchaser’s internal policies. 

Section 10.19 USA PATRIOT Act Notice. Administrative Purchaser and Purchaser hereby notify Client that
pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record information that identifies Client, which information includes the name and address of Client and other information that will allow Administrative Purchaser
and Purchaser to identify Client in accordance with the Patriot Act. 
 Section 10.20 Criminal Interest;
Interest Act (Canada). In no event shall “interest” (as such term is defined in Section 347 of the Criminal Code of Canada) on the “credit advanced” (as defined therein) hereunder be payable by the Client in excess
of sixty percent (60%) per annum and if any of such parties does pay an amount of interest in excess of sixty percent (60%) in any particular year, the amount of such excess shall be repaid by Purchaser to such party. For purposes of the Interest
Act (Canada), to the extent that the Contract Rate or any other interest rate computed on the basis of a 360 day year is payable for any part of the calendar year, the equivalent yearly rate of interest may be determined by multiplying the specified
rate of interest by the number of days (365 or 366) in such calendar year and dividing such product by 360. For the purpose of the Interest Act (Canada) and any other purpose, (i) the principle of deemed reinvestment shall not apply to any
Contract Rate or interest calculation under this Agreement, and (ii) the Contract Rate and other rates of interest stipulated in this Agreement are intended to be nominal rates and not effective rates or yields. 

Section 10.21 Canadian Anti-Money Laundering & Anti-Terrorism
Compliance. Administrative Purchaser, Purchaser and their successors and assigns may be subject to Canadian Anti-Money Laundering & Anti-Terrorism Legislation and “know your customer” rules and regulations, and they hereby
notify the Seller that in order to comply with such legislation, rules and regulations, they may be, among other things, required to obtain, verify and record information pertaining to the Client, which information may relate to, among other things,
the names, addresses, corporate directors, corporate registration numbers, corporate tax numbers, corporate shareholders and banking transactions of the Client. Client agrees to take promptly such actions and to promptly provide, upon request, such
information, access to information and certifications regarding Client that are required to enable and its successors and assigns to comply with such Canadian Anti-Money Laundering & Anti-Terrorism Legislation and “know your
customer” rules and regulations. In addition, and to the extent it is required at law to do so, Client agrees to promptly comply with its obligations under Canadian Anti-Money Laundering & Anti-Terrorism Legislation. 

  
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 ARTICLE 11 

APPOINTMENT AND DUTIES OF SERVICER 

Section 11.1 Appointment of Servicer. The servicing, administering and collection of the Purchased
Accounts shall be conducted by such Person so designated from time to time as Servicer in accordance with this Article 11. Until Administrative Purchaser gives notice to Client of the designation of a new Servicer, which notice may be given at any
time following the occurrence and during the continuance of a Servicer Default, (a) with respect to USD Accounts, US Parent is hereby designated as, and hereby agrees to perform the duties and obligations of, Servicer pursuant to the terms
hereof and (b) with respect to CAD Accounts, Canadian Parent is hereby designated as, and agrees to perform the duties and obligations of, Servicer pursuant to the terms hereof. Servicer may not delegate any of its rights, duties or obligations
hereunder, or designate a substitute Servicer, without the prior written consent of Administrative Purchaser. Administrative Purchaser may, at any time following the occurrence and during the continuance of a Servicer Default, designate as Servicer
any Person (including Administrative Purchaser) to succeed US Parent or Canadian Parent (or both of them) or any successor Servicer, on the condition that any such Person so designated shall agree to perform the duties and obligations pursuant to
the terms hereof. 
 Section 11.2 Duties of Servicer. Servicer shall take or cause to be taken all
such action as may be necessary or advisable to collect each Purchased Account from time to time, all in accordance in all material respects with the provisions of the Servicer Collection Procedures and applicable laws, rules and regulations, and
with due care and diligence. Administrative Purchaser and Purchaser hereby appoint as their agent Servicer, from time to time designated pursuant to Section 11.1 hereof, to enforce its rights and interests in and under the Purchased Accounts
and Related Assets. To the extent permitted by applicable law, each of Administrative Purchaser and Purchaser hereby grants to Servicer a power of attorney to take in such Administrative Purchaser’s or Purchaser’s name and on behalf of the
Client any and all steps necessary or desirable, in the reasonable determination of Servicer, to collect all amounts with respect to the Purchased Accounts and Related Assets. Servicer shall hold in trust for Administrative Purchaser and Purchaser,
all records which evidence or relate to Purchased Accounts or any other Purchased Assets. 
 Section 11.3
Additional Covenants of Servicer. Servicer shall (a) give Administrative Purchaser at least three (3) Business Days prior written notice of any agreement with a Customer to reduce the amount of or delay the payment of any
Purchased Account or any other action that could reasonably be expected to result in the reduction in the amount of or the delay in the payment of any Purchased Account, (b) deliver to Administrative Purchaser at least thirty
(30) days’ advance written notice of any change to the Collection Accounts, (c) not make Administrative Purchaser or any Purchaser a party to any litigation without the prior written consent of such Person, (d) notify Customer,
in a writing reasonably acceptable to Administrative Purchaser, of the assignment and sale by Client to Purchaser of the Purchased Accounts, and (e) within three (3) Business Days of receipt by Client or Servicer thereof, Servicer shall
remit to Administrative Purchaser, by wire transfer to the applicable WFB Bank Account, the proceeds of all Purchased 

  
 23 

 
Assets received by Servicer or Client, together with all remittance information, including all remittance information received by Client or Servicer from Customer, relating to such collections of
Purchased Accounts. In addition, Servicer shall email all such remittance information to the following email addresses: 
  

	
	WFTCReceivables@wellsfargo.com
	and
	John.C.Nesci@wellsfargo.com
	and
	Jeffrey.F.Hegel@wellsfargo.com

 Section 11.4 Servicer Default. The occurrence of any one or more of
the following events shall constitute a servicer default (each, a “Servicer Default”): 
 (a) Any Servicer shall fail to
make any payment or deposit required to be made by it hereunder when due; 
 (b) Any Servicer fails to perform any of the duties contained
in Section 11.2 and such failure continues unremedied for two (2) Business Days; provided, that, such two (2) Business Day period shall not apply in the case of an intentional breach by Servicer of any such duties; 

(c) Any Servicer fails to perform any of the covenants contained in Section 11.3 hereof; 

(d) any representation, warranty, certification or statement made by a Servicer in this Agreement, any Other Agreement or in any other
document delivered pursuant hereto or thereto shall prove to have been incorrect in any material respect when made or deemed made; 
 (e)
Any Servicer shall amend, restate, supplement, substitute or otherwise modify the Servicer Collection Procedures without the prior written consent of Administrative Purchaser; 

(f) (i) the commencement or consent to the commencement of a case or proceeding by any Servicer under the U.S. Bankruptcy Code or any similar
statute, or (ii) the commencement of a case or proceeding by any Person against any Servicer under the U.S. Bankruptcy Code or any similar statute that continues =dismissed or =stayed for sixty (60) calendar days, or an order for relief is
entered in any such proceeding; 
 (g) Client shall execute or deliver in favor of any Person, other than Administrative Purchaser, a
deposit account control agreement (or similar agreement) with respect to any Collection Account; 
 (h) the ABL Lenders (or any of them)
shall direct or instruct any Customer obligated in respect of a Purchased Account to remit payment of any Account other than to the Collection Accounts unless such direction or instruction is rescinded in writing within three (3) Business Days
thereof; 

  
 24 

 (i) the total combined amount available for borrowing by US Parent and Canadian Parent
under the ABL Loan Documents is at any time less than CN$5,000,000; 
 (j) Client shall factor with or sell to any Person other than
Purchaser any Account due from a Customer who is also obligated in respect of a Purchased Account; 
 (k) (i) Any HDC Purchased Account
shall remain unpaid sixty (60) or more days after the original due date thereof, or (ii) 10% or more of the Purchased Accounts shall remain unpaid sixty (60) or more days after their original due date; or 

(l) the occurrence of an Insolvency Event with respect to a Customer of a Purchased Account; or 

(m) The occurrence of any event or circumstance set forth in Section 8.1.2 of this Agreement (other than subsection (a) thereof).

 Section 11.5 Cooperation and Further Assurances. Administrative Purchaser may, in its sole
discretion following the occurrence and during the continuance of a Servicer Default, advise the Servicer of Administrative Purchaser’s election to replace the Servicer with Administrative Purchaser or such other Person as Administrative
Purchaser may select (any such other Person in such capacity, the “Replacement Servicer”). From and after the effective date of any such replacement, Servicer shall cooperate with Administrative Purchaser and/or any Replacement
Servicer, shall not interfere with Administrative Purchaser’s or Purchaser’s or any Replacement Servicer’s collection of the Purchased Accounts and all Related Assets, shall promptly remit to Purchaser, in accordance with
Administrative Purchaser’s instructions, the Proceeds of any Purchased Assets received by Servicer, and shall perform any and all actions reasonably requested by Administrative Purchaser and any Replacement Servicer in connection with or
related to the collection of any Purchased Accounts and Related Assets, including, without limitation, informing Customers of the Replacement Servicer and any changes in remittance information as may be required by Administrative Purchaser, in its
sole discretion. 
 ARTICLE 12 

JOINT AND SEVERAL LIABILITY 

Section 12.1 Joint and Several. 

(a) Canadian Obligations. Each Client hereby agrees unconditionally and irrevocably to be jointly and severally liable to
Administrative Purchaser and Purchaser for the due and punctual performance and observance of financial obligations on the part of each Canadian Client to be performed or observed under this Agreement and the Other Agreements in accordance with the
terms thereof, including the punctual payment when due of all financial obligations of each Canadian Client now or hereafter existing under this Agreement, whether for repurchase payments, indemnification payments, fees, expenses or otherwise,
including attorneys’ fees and legal expenses (such terms, covenants, conditions, agreements, undertakings and other obligations being the “Canadian Obligations”). The Canadian Obligations for which each Client

  
 25 

 
is, and hereby agrees to be, jointly and severally liable with each other Client include, without limitation, the Repurchase Price for Purchased Accounts from a Canadian Client, the WFB Discount
payable in respect of such Purchased Accounts and all fees, costs and expenses due from Canadian Clients (or any Canadian Client) hereunder. In the event that any Canadian Client shall fail in any manner whatsoever to pay any of its Canadian
Obligations when the same shall be due and payable under this Agreement or the Other Agreements, each other Client agrees that it will itself duly and punctually perform or observe, or cause to be duly and punctually performed or observed, such
Canadian Obligations. Any such payments by any such Client shall be made to such account as Administrative Purchaser may specify from time to time on demand. 

(b) US Obligations and Canadian Obligations. Each US Client hereby agrees unconditionally and irrevocably to be jointly and severally
liable to Administrative Purchaser and Purchaser for (i) the due and punctual performance and observance of financial obligations on the part of each US Client to be performed or observed under this Agreement and the Other Agreements in
accordance with the terms thereof, including the punctual payment when due of all financial obligations of each US Client now or hereafter existing under this Agreement, whether for repurchase payments, indemnification payments, fees, expenses or
otherwise, including attorneys’ fees and legal expenses (such terms, covenants, conditions, agreements, undertakings and other obligations being the “US Obligations”) and (ii) the Canadian Obligations. The US Obligations
and Canadian Obligations for which each US Client is, and hereby agrees to be, jointly and severally liable with each other US Client include, without limitation, the Repurchase Price for Purchased Accounts from any Client, the WFB Discount payable
in respect of any Purchased Account and all fees, costs and expenses due from Client (or any Client) hereunder. In the event that any Client shall fail in any manner whatsoever to pay any of its Canadian Obligations or US Obligations when the same
shall be due and payable under this Agreement or the Other Agreements, each US Client agrees that it will itself duly and punctually perform or observe, or cause to be duly and punctually performed or observed, such Canadian Obligations and US
Obligations. Any such payments by any such US Client shall be made to such account as Administrative Purchaser may specify from time to time on demand. The Canadian Obligations and US Obligations are collectively referred to herein as the
“Obligations”. 
 Section 12.2 Unconditional Guaranty. 

(a) Canadian Obligations. Each Client undertakes that the Canadian Obligations will be paid strictly in accordance with the terms of
this Agreement and the Other Agreements, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of Administrative Purchaser or Purchaser with respect thereto. The
obligations of each Client under this Section 12.2(a) are independent of the Canadian Obligations, and one or more successive or concurrent actions may be brought hereon against any Client either in the same action in which such Client is sued
or in separate actions, irrespective of whether any action is brought against any other Client or whether any other Client is joined in any such action or actions. In the event any claim or action, or action on any judgment, based on the joint and
several liability under this Section 12.2(a) is brought against any Client, such Client shall not deduct, set-off, or seek any counterclaim for or recoup any amounts which are or may be owed by
Administrative Purchaser or Purchaser to any Client and payments shall be made to Administrative Purchaser and Purchaser free and clear of, and without deduction or withholding for or on account of, any setoff, counterclaim or defense of any kind.
This Section 12.2(a) 

  
 26 

 
constitutes an absolute, unconditional and continuing guaranty of payment and not of collection. It shall not be a condition to the obligation of any Client hereunder to perform or observe any
obligation (or to cause the same to be performed or observed) that Administrative Purchaser or Purchaser shall have first made any request of or demand upon or given any notice to any Client or shall have instituted any action or proceeding against
any Client in respect thereof. This Section 12.2(a) shall survive the termination or revocation of this Agreement. 
 (b) US
Obligations and Canadian Obligations. Each US Client undertakes that the US Obligations and Canadian Obligations will be paid strictly in accordance with the terms of this Agreement and the Other Agreements, regardless of any law, regulation or
order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of Administrative Purchaser or Purchaser with respect thereto. The obligations of each US Client under this Section 12.2(b) are independent of the US
Obligations and Canadian Obligations, and one or more successive or concurrent actions may be brought hereon against any US Client either in the same action in which such US Client or is sued or in separate actions, irrespective of whether any
action is brought against any other US Client or whether any other US Client is joined in any such action or actions. In the event any claim or action, or action on any judgment, based on the joint and several liability under this
Section 12.2(b) is brought against any US Client, such US Client shall not deduct, set-off, or seek any counterclaim for or recoup any amounts which are or may be owed by Administrative Purchaser or
Purchaser to any Client and payments shall be made to Administrative Purchaser and Purchaser free and clear of, and without deduction or withholding for or on account of, any setoff, counterclaim or defense of any kind. This Section 12.2(b)
constitutes an absolute, unconditional and continuing guaranty of payment and not of collection. It shall not be a condition to the obligation of any Client hereunder to perform or observe any obligation (or to cause the same to be performed or
observed) that Administrative Purchaser or Purchaser shall have first made any request of or demand upon or given any notice to any Client or have instituted any action or proceeding against any Client in respect thereof. This Section 12.2(b)
shall survive the termination or revocation of this Agreement. 
 (c) No Invalidity. The liability of Client hereunder shall be
absolute and unconditional irrespective of: (i) any lack of validity or enforceability of this Agreement or any Other Agreements; (ii) any change in the time, manner or place of payment of, or in any other term of, all or any of the US
Obligations or Canadian Obligations, or any other amendment or waiver of or any consent to departure from this Agreement or any other agreement or instrument executed by any Client relating thereto, including, without limitation, any increase in the
US Obligations or Canadian Obligations resulting from additional purchases of Acceptable Accounts or otherwise; (iii) any taking, exchange, release or non-perfection of any collateral, or any taking,
release or amendment or waiver of or consent to departure from any guaranty, for all or any of the US Obligations or Canadian Obligations; (iv) any manner of application of collateral, or proceeds thereof, to all or any of the US Obligations or
Canadian Obligations, or any manner of sale or other disposition of any collateral for all or any of the US Obligations or Canadian Obligations, or any other assets of any Client in accordance with this Agreement; (v) any change, restructuring
or termination of the company or corporate structure or existence of any Client; or (vi) any other circumstance that might otherwise constitute a defense available to, or a discharge of, any Client or any obligor, other than payment of the US
Obligations or Canadian Obligations. No invalidity, irregularity or =enforceability of all or any part of the US Obligations or Canadian Obligations shall affect, impair or be a defense to the US Obligations or Canadian Obligations, nor shall any

  
 27 

 
other circumstance which might otherwise constitute a defense available to or legal or equitable discharge of any Client hereunder, or any obligor in respect of its performance undertaking,
affect, impair or be a defense to the US Obligations or Canadian Obligations. Administrative Purchaser and Purchaser have not made any representations to any Client with respect to any other Client or otherwise in connection with the execution and
delivery of this Agreement. 
 (d) Waivers. Each Client hereby waives promptness, diligence, notice of acceptance and any other
notice with respect to any of the US Obligations and Canadian Obligations, and any requirement that Administrative Purchaser or Purchaser protect, secure, perfect or insure any security interest or lien or any property subject thereto or exhaust any
right or take any action against any other Client or any other person or entity or any collateral. In addition, unless and until the final payment and satisfaction in full in cash of all of the US Obligations and Canadian Obligations in immediately
available funds and the termination of the arrangements of Purchaser with each Client, each Client hereby irrevocably and unconditionally waives and relinquishes (i) all statutory, contractual, common law, equitable and all other claims against
the other Client, any collateral for the US Obligations or Canadian Obligations or other assets of the other Clients or any other obligor, for subrogation, reimbursement, exoneration, contribution, indemnification, setoff or other recourse in
respect to sums paid or payable to Administrative Purchaser or Purchaser by such Client hereunder and (ii) any and all other benefits which such Client might otherwise directly or indirectly receive or be entitled to receive by reason of any
amounts paid by or collected or due from such Client, each Client or any other obligor upon the US Obligations or Canadian Obligations or realized from their property. The rights of Purchaser and Administrative Purchaser under this Section 12.2
are in addition to the other rights and remedies which they may have. 
 Section 12.3 Administrative
Client. Each Client hereby irrevocably appoints Canadian Parent as the agent and attorney-in-fact for each Client (the “Administrative Client”),
which appointment shall remain in full force and effect unless and until Administrative Purchaser shall have received prior written notice signed by each Client that such appointment has been revoked and that another Person has been appointed
Administrative Client. Each Client hereby irrevocably appoints and authorizes the Administrative Client (a) to provide to Administrative Purchaser on behalf of such Client all assignment schedules for Acceptable Accounts under this Agreement
and to request and direct, on behalf of such Client, the remittance by Purchaser (or Administrative Purchaser on behalf of Purchaser), in accordance with this Agreement, of the Purchase Price for any Purchased Account of such Client and the release
by Purchaser (or Administrative Purchaser on behalf of Purchaser), in accordance with this Agreement, of any credit balance due such Client in the Client Ledger Account, (b) to provide Administrative Purchaser with all other notices and
instructions from Client under this Agreement, and (c) to take such action as the Administrative Client deems appropriate on behalf of Client to carry out the purposes of this Agreement on behalf of Client. It is understood that the handling of
Clients’ Accounts in a combined fashion, as more fully set forth herein, is done solely as an accommodation to and the request of Client, that Administrative Purchaser and Purchaser shall not incur liability to Client as a result hereof. Each
Client expects to derive benefit, directly or indirectly, from the handling of the Accounts in a combined fashion since the successful operation of each Client is dependent on the continued successful performance of the integrated group of the
Client collectively. To induce Administrative Purchaser and Purchaser to do so, and in consideration thereof, Client hereby agrees to indemnify each Indemnified Person and hold each Indemnified Person harmless against any and all liability,

  
 28 

 
expense, loss or claim of damage or injury, made against such Indemnified Person by Client or by any third party whosoever, arising from or incurred by reason of (a) the handling of
Clients’ Accounts as herein provided, or (b) Administrative Purchaser’s or Purchaser’s relying on any instructions of the Administrative Client, except that Client will have no liability to the relevant Indemnified Person under
this Section 12.3 to the extent that any such indemnified liability is determined pursuant to a final, non-appealable order issued by a court of competent jurisdiction to have resulted solely from any
Indemnified Person’s gross negligence, bad faith or willful misconduct. The indemnification provisions set forth in this Section 12.3 are in addition to, and not in limitation of, any other indemnification provisions set forth in this
Agreement or the Other Agreements. 
 [Signature pages follow] 

  
 29 

 IN WITNESS WHEREOF, the parties hereto have signed and sealed this Agreement on the day and year first above
written. 
 US CLIENT: 
  

			
	ALEXANDRIA MOULDINC, INC.
	NATIONAL SERVICE SOLUTIONS US, LLC
		
	By:	 	 /s/ J. Kyle Hood

	Name:	 	J. Kyle Hood
	Title:	 	Vice President
	
	ALEXDIRECT, LLC
	
	By Alexandria Moulding, Inc., its Member
		
	By:	 	 /s/ J. Kyle Hood

	Name:	 	J. Kyle Hood
	Title:	 	Vice President
	
	ALEXANDRIA MW, LLC
	ALEXANDRIA NE, LLC
	
	By Alexandria Moulding, Inc., its Manager
		
	By:	 	 /s/ J. Kyle Hood

	Name:	 	J. Kyle Hood
	Title:	 	Vice President

 [Signature Page to Account Purchase Agreement] 

 CANADIAN CLIENT 

 

			
	 MOULURE ALEXANDRIA MOULDING INC.

ROYAL WOODWORKING CO. LTD.
 NATIONAL SERVICE SOLUTIONS
INC.
 ALEXDIRECT INC.
 2483489 ONTARIO
INC.

	 AURORA TIMBERLAND WHOLESALE

HARDW D LUMBER INC.

		
	By:	 	 /s/ J. Kyle Hood

	Name:	 	J. Kyle Hood
	Title:	 	Vice President

 Address: 
 MOULURE
ALEXANDRIA MOULDING INC. 
 20352 Powerdam Road 
 Alexandria,
Ontario 
 CANADA KOC 1A0 
 Attn: Chief Financial officer 

Email: mbrault@alexmo.com 
 [Signature Page to
Account Purchase Agreement] 

			
	ACCEPTED:
	
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Administrative Purchaser and US Purchaser

		
	By:	 	 /s/ Marc Grossman

	Name:	 	Marc Grossman
	Title:	 	Authorized Signatory
		
	Address:	 	100 Park Avenue
		 	New York, NY 10017
		 	Email: marc.r.grossman@wellsfargo.com
	
	Effective Date: October ___, 2016.
	
	 WELLS FARGO CAPITAL FINANCE CORPORATION CANADA,

as Canadian Purchaser By:

		
	By:	 	 /s/ Carmela Massari

	Name:	 	Senior Vice President
	Title:	 	Wells Fargo Capital Finance Corporation Canada
		
	Address:	 	40 King St W Ste 2500
		 	Toronto Ont
		 	Email: Carmela.Massari@wellsfargo.com

 [Signature Page to Account Purchase Agreement] 

 Rider A 

To 
 Account Purchase
Agreement 
 Between 

Wells Fargo Bank, National Association 

And 
 Alexandria Moulding,
Inc., et al. 
 DEFINITIONS 

“ABL Agent” means Wells Fargo Bank, National Association, it its capacity as agent for the ABL Lenders under the ABL Credit
Agreement. 
 “ABL Credit Agreement” means the Credit Agreement, dated as of April 8, 2016, by and among the financial
institutions from time to time party thereto as lenders, Wells Fargo Bank, National Association, in its capacity as agent for such lenders, Canadian Parent, US Parent and certain of affiliates of Canadian Parent and US Parent, as amended, restated,
supplemented or modified from time to time, or refinanced or replaced. 
 “ABL Lenders” mean, collectively, the financial
institutions from time to time party to the ABL Loan Documents as lenders and any agent acting on behalf of such lenders pursuant to such ABL Loan Documents, in each case, together with their successors and assigns. 

“ABL Lien Release Agreement” means that certain Lien Release on Purchased Accounts and Intercreditor Letter, dated on or
about the Effective Date, by and between Administrative Purchaser and the ABL Lenders (or the ABL Agent acting as agent on behalf of such ABL Lenders). 

“ABL Loan Documents” mean, collectively, (a) the ABL Credit Agreement, and (b) all agreements, documents and/or
instruments executed in connection therewith or related thereto, in each case, as amended, restated, supplemented or modified from time to time, or refinanced or replaced. 

“Adjusted Face Amount” means, with respect to any Purchased Account, the gross face amount of such Account less Permissible
Allowances actually taken or actually asserted by a Customer with respect to such Purchased Account. 
 “Administrative
Client” has the meaning set forth in Section 12.3. 
 “Administrative Purchaser” has the meaning set forth in
the preamble. 
 “Agreement” means this Account Purchase Agreement, together with all schedules and riders annexed hereto,
as amended, restated, renewed, replaced, substituted, supplemented or otherwise modified from time to time. 
 “Ancillary
Documents” means, with respect to any Purchased Account, such documents as may be required and in form and content reasonably satisfactory to Administrative Purchaser in its Permitted Discretion, including, without limitation, copies of all
invoices (or the equivalent thereof if the invoices were sent electronically) evidencing such Account and evidence of the shipment of the goods, fulfillment of the contract of sale or performance of the services giving rise to such Account. 

 “Approved Account” has the meaning set forth in Section 1.2. 

“Business Day” means any day other than a Saturday, Sunday or other day on which Administrative Purchaser is required by law
to close. 
 “CAD Accounts” shall mean Accounts invoiced and payable in Canadian Dollars. “CAD Collection
Accounts” has the meaning set forth in Section 2.2.1. 
 “CAD Deposit Account Control Agreements” has the
meaning ascribed to such term in Section 2.2.2. 
 “Canadian Anti-Money Laundering & Anti-Terrorism
Legislation” means the Criminal Code, R.S.C. 1985, c. C-46, The Proceeds of Crime (Money Laundering) and Terrorist Financing Act, S.C. 2000, c. 17 and the United Nations Act, R.S.C. 1985, c. U-2 or any similar Canadian legislation, together with all rules, regulations and interpretations thereunder or related thereto including, without limitation, the Regulations Implementing the United Nations
Resolutions on the Suppression of Terrorism and the United Nations Al-Qaida and Taliban Regulations promulgated under the United Nations Act. 

“Canadian Dollar Equivalent” means, as of any date of determination, (a) as to any amount denominated in Canadian
Dollars, the amount thereof at such date of determination; and (b) as to any amount denominated in any other currency, the equivalent amount in Canadian Dollars calculated by Administrative Purchaser in good faith using the exchange rate quoted
in the Wall Street Journal, “Currency Trading-Exchange Rates” in effect on such date of determination. 
 “Canadian
Dollars and CN$” shall mean lawful currency of Canada. 
 “Canadian GAAP” “means generally accepted
accounting principles as in effect from time to time in Canada, consistently applied. 
 “Canadian Obligations” has the meaning
set forth in Section 12.1(a). 
 “Canadian Parent” has the meaning set forth in the preamble. 

“Canadian Purchaser” has the meaning set forth in the preamble. 

“Cash Dominion Trigger” means (a) the occurrence of a Servicer Default, (b) the ABL Lenders (or any of them) shall
exercise full dominion or control under any deposit account control agreement (or similar agreement) concerning any deposit account of Client or its affiliates party to the ABL Loan Documents, or (c) the total combined amount available for
borrowing by US Parent and Canadian Parent under the ABL Loan Documents is at any time less than CN$8,200,000. 

 “Change of Terms” has meaning ascribed to such term in Section 1.2.
“Client” has the meaning set forth in the preamble. 
 “Client Bank Account” means the account(s) from
time to time designated as such in a writing delivered to Administrative Purchaser, and executed by ABL Lenders and Administrative Client. 

 “Client Ledger Account” means, collectively, one or more ledger accounts
established on the books of Administrative Purchaser in the name of Client. Except as Administrative Purchaser may otherwise elect in its reasonable discretion, (a) there shall be two Client Ledger Accounts, one for US Clients collectively and
one for Canadian Clients collectively, (b) references in this Agreement to the Client Ledger Account of a US Client shall mean the Client Ledger Account established for US Clients collectively and (c) references in this Agreement to the
Client Ledger Account of a Canadian Client shall mean the Client Ledger Account established for Canadian Clients collectively. 

“Collection Accounts” means the deposit accounts set forth on Schedule 2.2. 

“Commercial Dispute” means any dispute or claim in any respect, regardless of merit, (including, without limitation, any
alleged dispute as to price, invoice terms, quantity, quality or late delivery and claims of release from liability, counterclaim or any alleged claim of deduction, offset, or counterclaim or otherwise) arising out of or in connection with a
Purchased Account or any other transaction related thereto. 
 “Commission” means the Commission set forth on the Schedule
of Economic and Other Terms annexed hereto. 
 “Contract Rate” has the meaning ascribed to that term in Schedule 1.1.

 “Contract Year” shall mean the twelve (12) month period commencing on the Effective Date and each successive twelve
(12) month period thereafter during the Term. 
 “Credit Risk” means the risk of
non-payment of a Purchased Account where the applicable Customer has not asserted or alleged a Commercial Dispute. 

 “Customer” shall mean a Person, listed on Schedule 2.1 hereto, that
purchases goods or services from Client. 
 “Deposit Account Control Agreement(s)” has the meaning ascribed to such term in
Section 2.2.2. 
 “Dilution” means, as of any date of determination, a percentage that is the result of dividing
(a) Permissible Allowances and any other deductions, rebates, returns, discounts or other credits actually taken with respect to Purchased Accounts of a Customer for a period by (b) the gross face amount of such Purchased Accounts from
such Customer for such period. 
 “Discount Amount” means, with respect to any Purchased Account, the gross face amount of
such Purchased Account less the Initial Payment for such Purchased Account. 
 “Effective Date” means the date on which
Administrative Purchaser executes this Agreement as set forth below Administrative Purchaser’s signature block on the signature page of this Agreement. 

“Financial Statements” means collectively, a balance sheet, income statement, statement of shareholder’s equity and
statement of cash flow. 
 “Governmental Authority” means any federal, state, provincial, local, or other governmental or
administrative body, instrumentality, board, department, or agency or any court, tribunal, administrative hearing body, arbitration panel, commission, or other similar dispute-resolving panel or body. 

“HDC Purchased Accounts” means Purchased Accounts with respect to which the Customer is Home Depot of Canada Inc. 

“Indemnified Amount” has the meaning set forth in Section 9.1. 

“Indemnified Person” means each of Administrative Purchaser, Purchaser and its respective affiliates, and its and their
respective shareholders, directors, officers, employees, attorneys and agents. 
 “Initial Payment” means, with respect to
any Purchased Account purchased by Purchaser under this Agreement, (a) the gross face amount of such Purchased Account multiplied by (b) the Purchase Price Rate. 

“Initial Term” means the Initial Term set forth on the Schedule of Economic and Other Terms annexed hereto. 

“Insolvency Event” means, with respect to any Person, any of the following: (a) any case or proceeding with respect to
such Person under the U.S. Bankruptcy Code, Bankruptcy and Insolvency Act (Canada), Companies’ Creditors Arrangement Act (Canada), or any other federal, state, provincial or foreign bankruptcy, insolvency, reorganization, arrangement (including
an arrangement implemented under a Canadian corporate statute) or other law affecting creditors’ rights generally or any other or similar proceedings, (b) any proceeding seeking the appointment of any trustee, receiver, administrator,
manager, liquidator, custodian or other insolvency official with similar powers with respect to such Person or any of its assets, (c) any assignment for the benefit of creditors, or (d) such Person shall take any action to authorize any of
the actions set forth clauses (a), (b) or (c) in this definition. 

 “LIBOR Rate” means, for any date of determination, the one (1) month
average of rates which are listed as the One (1) Month “London Interbank Offered Rate (LIBOR)” (for Dollars), as published in the Money Rates section of The Wall Street Journal on such date of determination (rounded up to the
nearest thousandth). When interest or any fee hereunder is determined in relation to the LIBOR Rate, each change in such interest rate or fee shall become effective each Business Day that Administrative Purchaser determines that the LIBOR Rate has
changed. 
 “Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment, charge, deposit arrangement,
encumbrance, easement, lien (statutory or other), security interest, hypothec or other security arrangement and any other preference, priority or preferential arrangement of any kind or nature whatsoever, including, without limitation, any
conditional sale contract or other title retention agreement, the interest of a lessor under a capital lease and any synthetic or other financing lease having substantially the same economic effect as any of the foregoing. 

“Material Adverse Change” means, in each case with respect to Client taken as a whole, (a) a material adverse change in
the business, operations, results of operations, assets, liabilities or financial condition of Client, (b) a material impairment of Client’s ability to perform its obligations under this Agreement or the Other Agreements to which it is a
party or of Administrative Purchaser’s or Purchaser’s ability to enforce the obligations under this Agreement or the Other Agreements, (c) a material impairment of the enforceability of, or the rights, remedies or benefits available
to Client, or Administrative Purchaser or Purchaser as assignee of Client, with respect to the Purchased Account or the Related Assets or (d) any claim against Client or threat of litigation which if determined adversely to Client, would result
in the occurrence of an event described in clauses (a), (b) or (c) above. 
 “Maximum Canadian Client Facility Amount”
means the Maximum Canadian Client Facility Amount set forth on the Schedule of Economic and Other Terms annexed hereto. 
 “Maximum
US Client Facility Amount” means the Maximum US Client Facility Amount set forth on the Schedule of Economic and Other Terms annexed hereto. 

“Minimum Fee Amount” means the Minimum Fee Amount set forth on the Schedule of Economic and Other Terms annexed hereto. 

“Obligations” has the meaning set forth in Section 12.1(b). 

“OFAC” means The Office of Foreign Assets Control of the U.S. Department of the Treasury. 

“Other Agreements” means collectively, any Ancillary Document, any supplement, agreement, notes, subordination agreement or
other such instruments now or hereafter executed by Client in connection with this Agreement or the transactions contemplated hereby., all as amended, restated, renewed, replaced, substituted, supplemented or otherwise modified. 

 “Outstanding Account Balance” means, as of any date of determination for
all (or, as the context requires, any) Purchased Accounts (a) the aggregate Repurchase Price of such Purchased Accounts for which the Settlement Date has not occurred as of such date of determination (assuming for this purpose that repurchase
were required), plus (b) the aggregate Repurchase Price of such Purchased Accounts for which the Settlement Date has already occurred if such Purchased Accounts are then actually subject to a Repurchase Event as of such date of determination,
plus (c) all accrued and unpaid fees, costs and expenses (including the WFB Discount) payable by Client to Administrative Purchaser or Purchaser hereunder as of such date of determination. 

“Outside Date” means, with respect to any Purchased Account, 150 days after the maturity date of such Purchased Account. 

“Patriot Act” means that certain act, as amended or modified from time to time, entitled “Uniting and Strengthening
America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001”. 
 “Permissible
Allowances” means (a) cash or trade discounts, (b) volume rebates, (c) culling credits, and (d) such other allowances, credits, rebates and reductions to which Administrative Purchaser may from time to time, in its sole
discretion, consent in writing. 
 “Permitted Discretion” means a determination made in the exercise of the reasonable,
from the perspective of a factor or purchaser of Accounts, business or credit judgment. 
 “Permitted Liens” mean,
collectively, (i) Liens in favor of Administrative Purchaser, for the benefit of such Purchaser, (ii) Liens under the ABL Loan Documents and covered by the ABL Lien Release Agreement and (iii) Liens in favor of Sellers and covered by
the Seller Lien Release Agreement. 
 “Person” means and includes an individual, a corporation, a partnership, a joint
venture, a limited liability company or partnership, a trust, an unincorporated association, a Governmental Authority or any other organization or entity. 

“PPSA” means the Personal Property Security Act (Ontario) and the regulations thereunder, as from time to time in effect;
provided, however, if the attachment, perfection or priority of Agent’s Lien on any collateral is governed by the personal property security laws of any jurisdiction in Canada other than the laws of the Province of Ontario,
“PPSA” means those personal property security laws in such other jurisdiction in Canada for the purposes of the provisions hereof relating to such attachment, perfection or priority and for the definitions related to such
provisions. 
 “Purchase Price” means for any Purchased Account purchased by Purchaser under this Agreement, the sum of the
Initial Payment for such Purchased Account plus the Settlement Date Payment for such Purchased Account. 
 “Purchase Price
Rate” means the Purchase Price Rate set forth on the Schedule of Economic and Other Terms annexed hereto. The Purchase Price Rate may be adjusted at any time and from time to time by Administrative Purchaser, in its Permitted Discretion,
including for the initial purchase by Purchaser of Accounts hereunder, by 1 percentage point for each percentage point by which Dilution is in excess of 9%. 

 “Purchased Account” has the meaning set forth in Section 1.1. 

“Purchased Assets” means the Purchased Accounts and the Related Assets purchased under this Agreement. 

“Purchaser” has the meaning set forth in the preamble. Without limiting the foregoing, with respect to Accounts of a Client
and all matters relating thereto, the Purchaser shall mean the Purchaser identified as such for such Client as set forth on Schedule 2.3 hereto. Schedule 2.3 may be modified from time to time by Administrative Purchaser, with respect
to the applicable Purchaser for Client, upon (i) written notice from Administrative Purchaser to Administrative Client and (ii) a written acknowledgement by Administrative Client with respect to such change. 

“Related Assets” means, with respect to each Purchased Account purchased by Purchaser hereunder, the following assets and
properties of Client, wherever located, whether now owned or hereafter acquired or arising: (a) Chattel Paper, General Intangibles, Instruments and Supporting Obligations, in each instance, to the extent evidencing, governing, securing or
relating to such Purchased Account, (b) reserves, matured funds, credit balances and other property of Client in Administrative Purchaser’s or any Purchaser’s possession, (c) USD Collection Accounts or CAD Collection Accounts
constituting proceeds of Purchased Accounts, (d) all Records relating to any of the foregoing, (e) all contract rights of Client relating to such Purchased Account, (f) all rights and remedies of Client against the customer of and/or
third parties obligated on such Purchased Account, and (g) all Proceeds and rights relating to any of the foregoing. 

“Renewal Term” means the Renewal Term set forth on the Schedule of Economic and Other Terms annexed hereto. 

“Replacement Servicer” has the meaning set forth in Section 11.5. 

“Repurchase Event” shall mean, as to any Purchased Account, at any time: (a) any breach in any respect of any of the
representations or warranties set forth in Rider B1 annexed hereto with respect to such Purchased Account or any Related Assets, or any breach in any material respect by Client or Servicer of any other representation or warranty set forth herein or
in any of the Other Agreements with respect to such Purchased Account or any Related Assets; (b) Client or Servicer fails to comply with any of its covenants or obligations with respect to such Purchased Account beyond any applicable cure
period; or Servicer fails to comply with Section 11.3(e); (c) the Customer of such Purchased Account (i) asserts or alleges a Commercial Dispute (including any dispute of a Permissible Allowance) or (ii) takes or asserts any discount,
allowance, rebate, credit or other reduction in excess of the Discount Amount for such Purchased Account (including any Permissible Allowance in excess of the Discount Amount for such Purchased Account) or (iii) makes payment of such Purchased
Account in an amount less than the gross face amount thereof and such deficiency exceeds the Discount Amount, (d) without limiting the foregoing clause (c), Administrative Purchaser is unable to verify the balance of such Purchased Account or
the amount of such Purchased Account is otherwise less than the amount reported by Client or Servicer to Purchaser, other than as a result of (1) the receipt of payments on such Purchased Account, (2)

 
such Purchased Account being written off solely as a result an Insolvency Event with respect to such Customer, or (3) the application of Permissible Allowances; (e) such Purchased
Account is or becomes subject to a Change of Terms that is not approved in writing by Administrative Purchaser; or (f) Client fails to promptly provide to Administrative Purchaser any Ancillary Documents, in form and content satisfactory to
Administrative Purchaser, or Client fails to comply with its obligations under Section 6.9 with respect to such Purchased Account. In the event that a Customer shall claim that it is not making payment in respect of all or any portion of a
Purchased Account as a result of any of the matters set forth above, it shall constitute a Repurchase Event notwithstanding that such Customer is also subject to an Insolvency Event, that such Purchased Account remains unpaid on or after the Outside
Date or that the Settlement Date of such Purchased Account has already occurred. 
 “Repurchase Price” means for any
Purchased Account purchased hereunder, an amount equal to (a) the sum of the Initial Payment paid by Purchaser with respect to such Purchased Account and the Settlement Date Payment, if any, paid by Purchaser with respect to such Purchased
Account, minus, (b) the lesser of clause (a) and any amounts received by Purchaser with respect to such Purchased Account. 

“Reserves” means any amount, as determined by Administrative Purchaser in its Permitted Discretion from time to time, as
Administrative Purchaser deems necessary for the payment and performance of the obligations under this Agreement and the Other Agreements. Administrative Purchaser will not establish any Reserve to cover the Credit Risk assumed and retained by
Purchaser for any Purchased Account. 
 “Sanctioned Entity” means (a) a country or a government of a country,
(b) an agency of the government of a country, (c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in or determined to be resident in a country, in each case, that is subject to a
country sanctions program administered and enforced by OFAC. 
 “Sanctioned Person” means a person named on the list of
Specially Designated Nationals maintained by OFAC. 
 “Seller Agent” shall mean Luc Cholette and Jacques Colette. 

“Seller Lien Release Agreement” means that certain Lien Release on Purchased Accounts and Intercreditor Letter, dated on or
about the Effective Date, by and between Administrative Purchaser and the Seller Agent. 
 “Servicer” means (a) with
respect to USD Accounts, US Parent and (b) with respect to CAD Accounts, Canadian Parent, in each case, together with any Replacement Servicer appointed pursuant to the terms hereof. 

“Servicer Collection Procedures” means Servicer’s written internal credit and collections policies with respect to
Approved Accounts, which have been approved by Administrative Purchaser, from time to time, in Administrative Purchaser’s Permitted Discretion. 

“Servicer Default” has the meaning give thereto in Section 11.4 hereof. 

 “Settlement Date” shall mean, with respect to any Purchased Account, the
earliest to occur of: 
 (a) the Business Day on which full payment of such Account is received in the WFB Bank Account in immediately
available funds (or, if such payment is received after 1 p.m. (N.Y. time), the next Business Day). Client acknowledges and agrees that the deposit or remittance of a payment into a Collection Account does not constitute receipt by Administrative
Purchaser or Purchaser of such deposit or payment; and 
 (b) the first Business Day of the first month following the Outside Date for such
Account so long as the Customer thereof has not alleged or asserted a Commercial Dispute; and 
 (c) the first Business Day of the month
following the date that a Customer who is subject to an Insolvency Event files, with the court having jurisdiction over such Insolvency Event and without such Customer asserting a Commercial Dispute with respect to such Purchased Account, its
Schedules of Assets and Liabilities (or substantially similar schedules) or, if no such Schedules of Assets and Liabilities (or substantially similar schedules) are required to be filed by or against a Customer, the first Business Day of the month
following the date on which such Customer commenced or became subject to the proceeding that resulted in such Insolvency Event. 

“Settlement Date Payment” shall mean: 

(d) with respect to any Purchased Account the Settlement Date of which occurs under clause (a) of the definition thereof, an amount equal
to the excess, if any, of the Proceeds of such Account over the Initial Payment of the Purchase Price of such Purchased Account paid by Purchaser to Client; and 

(e) with respect to any Purchased Account the Settlement Date of which occurs under clause (b) or (c) of the definition thereof, an amount
equal to 100% (or, if the Customer of such Purchased Account is Home Depot of Canada Inc., 95%) of the Adjusted Face Amount of such Account minus the Initial Payment of the Purchase Price of such Purchased Account paid by Purchaser to Client. 

“Term” means, collectively, the Initial Term and any Renewal Term. 

“UCC” means, unless otherwise provided with this Agreement, the Uniform Commercial Code as adopted by and in effect from time
to time in the State or Commonwealth referred to in Section 10.9, or in any other jurisdiction, as applicable. 
 “US
Client” has the meaning set forth in the preamble. 
 “US Dollar Equivalent” means, as of any
date of determination, (a) as to any amount denominated in US Dollars, the amount thereof at such date of determination; and (b) as to any amount denominated in any other currency, the equivalent amount in US Dollars calculated by
Administrative Purchaser in good faith using the exchange rate quoted in the Wall Street Journal, “Currency Trading-Exchange Rates” in effect on such date of determination. 

 “US Dollars, U.S. Dollars, US$ and $” mean lawful currency of the United
States of America. 
 “US GAAP” means generally accepted accounting principles as in effect from time to time in the United
States of America, consistently applied. 
 “US Obligations” has the meaning set forth in Section 12.1(b). 

“US Parent” has the meaning set forth in the preamble. 

“US Purchaser” has the meaning set forth in the preamble. 

“USD Accounts” shall mean Accounts invoiced and payable in US Dollars. 

“USD Collection Accounts” has the meaning set forth in Section 2.2.1. 

“USD Deposit Account Control Agreements” shall have the meaning ascribed to such term in Section 2.2.2. 

“WFB Bank Account” shall mean such bank account owned and maintained by Administrative Purchaser (or, at the election of
Administrative Purchaser, Purchaser) in its name and for its benefit, and designated from time to time by Administrative Purchaser as the WFB Bank Account hereunder. 

 “WFB Discount” has the meaning ascribed to such in the Schedule of Economic
and Other Terms annexed hereto. 
 Rules of Construction 

Unless the context of this Agreement clearly requires otherwise, references to the plural include the singular, references to the singular
include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or.” The words
“hereof,” “herein,” “hereby,” “hereunder,” and similar terms in this Agreement refer to this Agreement as a whole and not to any particular provision of this Agreement. Unless the context of this Agreement
clearly requires otherwise, references to “law” means all international, foreign, federal, state, provincial and local statutes, treaties, rules, guidelines, regulations, by-laws, ordinances,
decrees, codes and administrative or judicial or arbitral or administrative or ministerial or departmental or regulatory 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. Section, subsection, clause,
schedule, preamble and exhibit references herein are to this Agreement unless otherwise specified. Any reference in this Agreement to any agreement, instrument, or document shall include all alterations, amendments, changes, extensions,
modifications, renewals, replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements,
substitutions, joinders, and supplements set forth herein). 

 Rider B1 

To 
 Account Purchase
Agreement 
 CERTAIN REPRESENTATIONS AND WARRANTIES 

Each Client hereby represents and warrants to Administrative Purchaser and Purchaser that as of each date of sale of a Purchased Account (and, with respect to
clauses (b), (g), (s) and (t) below, on each date thereafter until such Purchased Account is paid in full: 
 (a) Client has good title
to such Account, free of any lien, consignment arrangement, encumbrance or security interest, other than Permitted Liens; 
 (b) Client has
not transferred, assigned or granted a lien or security interest in any such Account or the proceeds of any such Account to any party other than holders of Permitted Liens; 

(c) Client has all necessary rights and authority to sell the full amount stated on each invoice evidencing such Account to Purchaser hereunder
and such Account is legally saleable and assignable by Client, and the sale and assignment of such Account to Purchaser hereunder does not violate or breach the terms or conditions of any material agreement (including any ABL Loan Document), law or
regulation which is binding upon or applicable to Client or by which Client is bound; 
 (d) Client has sold, assigned and transferred all
right, title and interest of Client to such Account hereunder, so that, after giving effect to such sale, assignment and transfer, Purchaser shall be the absolute owner of such Account; 

(e) Such Account evidences a bona fide, enforceable obligation created by the absolute sale and delivery of Goods or rendition of services by
Client to its Customer in the ordinary course of Client’s business; 
 (f) Such Account does not represent Goods delivered upon
“bill and hold”, “consignment”, “guaranteed sale”, “sale or return”, “payment on reorder” or similar terms; 

(g) The Customer obligated in respect of such Account has accepted the goods or services stated in the invoice evidencing such Account, has not
asserted a Commercial Dispute with respect to such Account, and is unconditionally obligated to pay at maturity the full amount of such Account without (regardless of merit and whether real or alleged) dispute, claim, offset, defense, deduction,
rejection, recoupment, counterclaim or contra account, other than as to Permissible Allowances which are not subject to dispute; 
 (h) The
Goods sold by Client giving rise to such Account were the exclusive property of Client; 
 (i) Such Account is due from a Customer located in
the United States of America, its territories or Canada; 

 (j) If such Account is an Account of US Client, such Account is payable solely in US Dollars
or Canadian Dollars; 
 (k) If such Account is an Account of Canadian Client, such Account is payable solely in US Dollars or Canadian
Dollars; 
 (l) The invoice evidencing such Account, all Ancillary Documents and all other documents delivered by Client to Administrative
Purchaser in connection therewith are (i) genuine and valid, (ii) are not mistaken, misleading, incorrect, incomplete or erroneous in any material respect and (iii) are not fraudulent in any respect; 

(m) Such Account and the invoice evidencing such Account have not been and shall not be altered or modified in any way (other than as relates
to Permissible Allowances) without the prior written consent of Administrative Purchaser. 
 (n) Such Account was not past due when offered
for sale to Purchaser hereunder (or, with respect to the initial Accounts purchased by Purchaser hereunder, was not more than 30 days past due); 

(o) Such Account was not aged 30 or more days from the original invoice date when offered for sale to Purchaser hereunder (or, with respect to
the initial Accounts purchased by Purchaser hereunder, 90 days from the original invoice date) 
 (p) The selling terms of such Account do
not exceed sixty (60) days without the prior written consent of Administrative Purchaser; 
 (q) Such Account does not evidence a sale
of Goods or rendition of services by Client to any subsidiary, affiliate or parent company of such Client; 
 (r) Such Account evidences the
sale of Goods legally and validly purchased and, if applicable, imported by the applicable Customer to the United States, its territories or Canada; 

(s) The Customer of such Account is not, and will not at any time prior to the Settlement Date thereof be, a Sanctioned Person or Sanctioned
Entity; and 
 (t) If Client is then acting as Servicer, Servicer has complied with the Servicer Collection Procedures with respect to such
Account. 

 Rider B2 

To 
 Account Purchase
Agreement 
 OTHER REPRESENTATIONS AND WARRANTIES 

Client hereby represents and warrants to Administrative Purchaser and each Purchaser that on the Effective Date and on each date of assignment to and purchase
by Purchaser of each Purchased Account: 
 (a) such Client’s exact legal name is as set forth on the signature page of this Agreement;

 (b) such Client is duly organized, validly existing and in good standing under the laws of its state of organization and its state of
organization is as set forth in the preamble hereto; 
 (c) such Client is duly qualified to do business and is in good standing in each
jurisdiction where its ownership of property or the conduct of its business requires such qualification, except for those jurisdictions where the failure to be so qualified would not reasonably be expected to result in a Material Adverse Change;

 (d) such Client has all power and authority under the laws of Client’s jurisdiction of organization and its articles of organization
or incorporation to conduct Client’s business and to enter into, execute and deliver this Agreement and the Other Agreements and to perform its obligations hereunder and thereunder, and has taken all necessary action to authorize the execution
and delivery of this Agreement and the Other Agreements and the performance of its obligations hereunder and thereunder; 
 (e) such
Client’s principal office and mailing address containing Client’s books and records concerning the Approved Accounts are located at the address set forth on the signature page for Client of this Agreement; 

(f) such Client is and shall remain in material compliance with all applicable laws, regulations and rules to the extent that any material non-compliance therewith would have an Material Adverse Change on Client’s ability to perform its obligations under this Agreement; 

(g) such Client is and at all times shall be solvent; 

(h) At the time of assignment of any Purchased Account by Client to Purchaser, Client will disclose to Administrative Purchaser in writing, any
materially adverse or negative knowledge or information that Client may have with respect to the applicable Customer’s credit; 
 (i)
This Agreement, the Other Agreements and all addendums, supplements, and agreements executed or delivered in connection herewith, (1) are legally and validly binding upon and enforceable against Client in accordance with their respective terms,
(2) do not require the consent of any Governmental Authority or other Person for their effectiveness, and (3) do not violate or breach the terms or conditions of any material agreement, law or regulation which is binding upon or applicable
to Client or by which Client is bound; 

 (j) No Material Adverse Change has occurred since the date of the most recent Financial
Statements delivered to Administrative Purchaser under this Agreement; 
 (k) There are no actions or proceedings pending or, to
Client’s knowledge, threatened against or affecting Client, in which an adverse decision could reasonably be expected to cause a Material Adverse Change; 

(l) Each sale of Purchased Assets made by Client pursuant to this Agreement shall constitute a valid sale and assignment thereof by Client to
Purchaser, enforceable against creditors of, and purchasers from, Client; 
 (m) the US Dollar Equivalent of the aggregate Initial
Payment of all Purchased Accounts of US Clients for which a Settlement Date has yet to occur will not exceed the Maximum US Client Facility Amount; and 

(n) the Canadian Dollar Equivalent of the aggregate Initial Payment of all Purchased Accounts of Canadian Clients for which a Settlement Date
has yet to occur will not exceed the Maximum Canadian Client Facility Amount.EX-10.10

 Exhibit 10.10 

INDEMNIFICATION AGREEMENT 

THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made and entered into as of
[             ], 2022 between Specialty Building Products, Inc., a Delaware corporation (the “Company”), and
[                     ] (“Indemnitee”). 

WHEREAS, highly competent persons have become more reluctant to serve corporations as directors or officers or in other capacities unless they
are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of the corporation; 

WHEREAS, the Board of Directors of the Company (the “Board”) has determined that, in order to attract and retain qualified
individuals, the Company will attempt to maintain on an ongoing basis, at its sole expense, liability insurance to protect persons serving the Company and its subsidiaries from certain liabilities. Although the furnishing of such insurance has been
a customary and widespread practice among United States-based corporations and other business enterprises, the Company believes that, given current market conditions and trends, such insurance may be available to it in the future only at higher
premiums and with more exclusions. At the same time, directors, officers and other persons in service to corporations or business enterprises are being increasingly subjected to expensive and time-consuming litigation relating to, among other
things, matters that traditionally would have been brought only against the corporation or business enterprise itself. The Bylaws of the Company (as amended or restated, the “Bylaws”) require indemnification of the officers and directors
of the Company. Indemnitee may also be entitled to indemnification pursuant to the General Corporation Law of the State of Delaware (“DGCL”). The Bylaws and the DGCL expressly provide that the indemnification provisions set forth therein
are not exclusive, and thereby contemplate that contracts may be entered into between the Company and members of the Board, officers of the Company and other persons with respect to indemnification; 

WHEREAS, the uncertainties relating to such insurance and to indemnification have increased the difficulty of attracting and retaining such
persons; 
 WHEREAS, the Board has determined that the increased difficulty in attracting and retaining such persons is detrimental to the
best interests of the Company and its stockholders and that the Company should act to assure such persons that there will be increased certainty of such protection in the future; 

WHEREAS, it is reasonable, prudent and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on
behalf of, such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue concern that they will not be so indemnified; 

WHEREAS, this Agreement is a supplement to and in furtherance of the Bylaws and any resolutions adopted pursuant thereto, and shall not be
deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder; [and] 

 WHEREAS, Indemnitee may not be willing to serve or continue to serve as an officer or
director without adequate protection, and the Company desires Indemnitee to serve or continue to serve in such capacity; Indemnitee is willing to serve, continue to serve and take on additional service for or on behalf of the Company on the
condition that Indemnitee be so indemnified[.][; and] 
 [WHEREAS, Indemnitee has certain rights to indemnification and/or insurance
provided by The Jordan Company, LP (“TJC”), or affiliates of TJC, which Indemnitee and TJC intend to be secondary to the primary obligation of the Company to indemnify Indemnitee as provided herein, with the Company’s acknowledgment
of and agreement to the foregoing being a material condition to Indemnitee’s willingness to serve on the Board].1 
 NOW, THEREFORE, in
consideration of Indemnitee’s agreement to serve as a director or officer from and after the date hereof, the parties hereto agree as follows: 

1.    Indemnity of Indemnitee. Subject to the provisions of Section 9, the Company hereby
agrees to hold harmless and indemnify Indemnitee to the fullest extent permitted by law, as such may be amended from time to time, if Indemnitee was or is, or is threatened to be made, a party to, or otherwise becomes involved in, any Proceeding (as
hereinafter defined) by reason of Indemnitee’s Corporate Status (as hereinafter defined). In furtherance of the foregoing indemnification, and without limiting the generality thereof: 

(a)    Proceedings other than Proceedings by or in the Right of the Company. Indemnitee shall be
entitled to the rights of indemnification provided in this Section l(a) if, by reason of Indemnitee’s Corporate Status, Indemnitee is, or is threatened to be made, a party to or participant in, or otherwise becomes involved in, any
Proceeding (as hereinafter defined) other than a Proceeding by or in the right of the Company. Pursuant to this Section 1(a), Indemnitee shall be indemnified against all Expenses, judgments, penalties, fines and amounts
paid in settlement actually and reasonably incurred by Indemnitee, or on Indemnitee’s behalf, in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner Indemnitee reasonably
believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding, had no reasonable cause to believe Indemnitee’s conduct was unlawful. 

(b)    Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of
indemnification provided in this Section 1(b) if, by reason of Indemnitee’s Corporate Status, Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding brought by or in the right of the
Company. Pursuant to this Section 1(b), Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by Indemnitee, or on Indemnitee’s behalf, in connection with such Proceeding if Indemnitee
acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company; provided, however, if applicable law so provides, no indemnification against such Expenses shall be made
in respect of any claim, issue or matter in such Proceeding as to which Indemnitee shall 
  

	1	 NTD: Bracketed language to be included in form for TJC directors.

 
have been finally adjudged by a court to be liable to the Company unless and only to the extent that the court in which the Proceeding was brought shall determine that Indemnitee is fairly and
reasonably entitled to indemnification. 
 (c)    Indemnification for Expenses of a Party Who is
Wholly or Partly Successful. Notwithstanding any other provision of this Agreement, to the extent that Indemnitee is, by reason of Indemnitee’s Corporate Status, a party to or participant in and is successful, on the merits or otherwise, in
any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, Indemnitee shall be indemnified to the maximum extent permitted by law, as such may be amended from time to time, against all Expenses actually and reasonably
incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in
such Proceeding, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with each successfully resolved claim, issue or matter. For purposes of this
Section 1(c) and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

 (d)    Indemnification of Nominating Member. If (i) Indemnitee is or was affiliated with
one or more investment partnerships that has invested directly or indirectly in the Company (a “Nominating Member”), (ii) the Nominating Member is, or is threatened to be made, a party to or a participant in any Proceeding, and
(iii) the Nominating Member’s involvement in the Proceeding results from any claim based on the Indemnitee’s service to the Company as a director or other fiduciary of the Company, the Nominating Member will be entitled to
indemnification hereunder for Expenses to the same extent as Indemnitee and advancement of Expenses shall apply to any such indemnification of Nominating Member. The Company and Indemnitee agree that each Nominating Member is an express third party
beneficiary of the terms of this Section 1(d). 
 2.    Additional Indemnity. In
addition to, and without regard to any limitations on, the indemnification provided for in Section 1 of this Agreement, the Company shall and hereby does, to the fullest extent permitted by applicable law, indemnify and
hold harmless Indemnitee against all Expenses, judgments, penalties, fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf if, by reason of Indemnitee’s Corporate Status, Indemnitee
is, or is threatened to be made, a party to or participant in any Proceeding (including a Proceeding by or in the right of the Company). The only limitation that shall exist upon the Company’s obligations pursuant to this Agreement, other than
those set forth in Section 9 hereof, shall be that the Company shall not be obligated to make any payment to Indemnitee that is finally determined (under the procedures, and subject to the presumptions, set forth in
Sections 6 and 7 hereof) to be unlawful. 

 3.    Contribution.  

(a)    Whether or not the indemnification provided in Sections 1 and 2 hereof is
available, in respect of any threatened, pending or completed action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), to the fullest extent permitted by applicable
law, the Company shall pay, in the first instance, the entire amount of any judgment or settlement of such action, suit or proceeding without requiring Indemnitee to contribute to such payment and the Company hereby waives and relinquishes any right
of contribution it may have against Indemnitee. The Company shall not, without the Indemnitee’s prior written consent, enter into any such settlement of any action, suit or proceeding (in whole or in part) unless such settlement
(i) provides for a full and final release of all claims asserted against Indemnitee and (ii) does not impose any Expense, judgment, fine, penalty or limitation on Indemnitee. 

(b)    Without diminishing or impairing the obligations of the Company set forth in the preceding
subparagraph, if, for any reason, Indemnitee shall elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed action, suit or proceeding in which the Company is jointly liable with Indemnitee
(or would be if joined in such action, suit or proceeding), to the fullest extent permitted by applicable law, the Company shall contribute to the amount of Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred
and paid or payable by Indemnitee in proportion to the relative benefits received by the Company and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such
action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, from the transaction or events from which such action, suit or proceeding arose; provided, however, that the proportion determined on the basis of
relative benefit may, to the extent necessary to conform to law, be further adjusted by reference to the relative fault of the Company and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with
Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, in connection with the transaction or events that resulted in such expenses, judgments, fines or settlement amounts, as well
as any other equitable considerations which the law may require to be considered. The relative fault of the Company and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be
if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, shall be determined by reference to, among other things, the degree to which their actions were motivated by intent to gain personal profit or
advantage, the degree to which their liability is primary or secondary and the degree to which their conduct is active or passive. 

(c)    To the fullest extent permitted by applicable law, the Company hereby agrees to fully indemnify and
hold Indemnitee harmless from any claims of contribution which may be brought by officers, directors or employees of the Company, other than Indemnitee, who may be jointly liable with Indemnitee. 

 (d)    To the fullest extent permissible under
applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whether for
judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in
light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding, and/or (ii) the
relative fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with such event(s) and/or transaction(s). 

4.    Indemnification for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the
fullest extent permitted by applicable law and to the extent that Indemnitee is, by reason of Indemnitee’s Corporate Status, a witness, is made (or asked) to respond to discovery requests, or is otherwise asked to participate, in any Proceeding
to which Indemnitee is not a party, Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. 

5.    Advancement of Expenses. Notwithstanding any other provision of this Agreement (other than
Section 9), the Company shall advance, to the extent not prohibited by law, all Expenses incurred by or on behalf of Indemnitee in connection with any Proceeding (or part of any Proceeding) not initiated by Indemnitee or
any Proceeding initiated by Indemnitee with the prior approval of the Board as provided in Section 9(d), within thirty (30) days after the receipt by the Company of a statement or statements from Indemnitee requesting
such advance or advances from time to time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses incurred by Indemnitee. Any advances pursuant to this
Section 5 shall be unsecured and interest free. In accordance with Section 7(d) of this Agreement, advances shall include any and all reasonable Expenses incurred pursuing an action to enforce this
right of advancement, including Expenses incurred preparing and forwarding statements to the Company to support the advances claimed. This Section 5 shall not apply to claim by Indemnitee for expenses in a matter for which
indemnity and advancement of expenses is excluded pursuant to Section 9. 

6.    Procedures and Presumptions for Determination of Entitlement to Indemnification. It is the intent of this
Agreement to secure for Indemnitee rights of indemnity that are as favorable as may be permitted under the DGCL and public policy of the State of Delaware. Accordingly, the parties agree that the following procedures and presumptions shall apply in
the event of any question as to whether Indemnitee is entitled to indemnification under this Agreement: 

(a)    To obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written
request, including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification. The Secretary of the
Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested 

 
indemnification. Notwithstanding the foregoing, any failure of Indemnitee to provide such a request to the Company, or to provide such a request in a timely fashion, shall not relieve the Company
of any liability that it may have to Indemnitee unless, and to the extent that, such failure actually and materially prejudices the interests of the Company. 

(b)    Upon written request by Indemnitee for indemnification pursuant to the first sentence of
Section 6(a) hereof, a determination with respect to Indemnitee’s entitlement thereto shall be made in the specific case by one of the following four methods, which shall be at the election of the Board: (1) by a
majority vote of the Disinterested Directors (as hereinafter defined), even though less than a quorum; (2) by a committee of Disinterested Directors designated by a majority vote of the Disinterested Directors, even though less than a quorum;
(3) if there are no Disinterested Directors, or if the Disinterested Directors so direct, by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee; or (4) if so directed by the Board, by
the stockholders of the Company; provided, however, that if a Change in Control has occurred, the determination with respect to Indemnitee’s entitlement to indemnification shall be made by Independent Counsel. For purposes hereof,
Disinterested Directors are those members of the Board who are not parties to the action, suit or proceeding in respect of which indemnification is sought by Indemnitee. 

(c)    In the event the determination of entitlement to indemnification is to be made by Independent
Counsel, the Independent Counsel shall be selected as provided in this Section 6(c). If a Change in Control has not occurred, the Independent Counsel shall be selected by the Board, and the Company shall give written notice
to the Indemnitee advising Indemnitee of the identity of the Independent Counsel so selected. Indemnitee may, within 10 days after such written notice of selection shall have been given, deliver to the Company a written objection to such selection;
provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent Counsel” as defined in Section 12 of
this Agreement, and the objection shall set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the Person so selected shall act as Independent Counsel. If a written objection is made and
substantiated, the Independent Counsel selected may not serve as Independent Counsel unless and until such objection is withdrawn or a court has determined that such objection is without merit. If a Change in Control has occurred, the Independent
Counsel shall be selected by the Indemnitee (unless the Indemnitee shall request that such selection be made by the Board, in which event the preceding sentence shall apply), and approved by the Board within 20 days after notification by Indemnitee.
If (i) an Independent Counsel is to make the determination of entitlement pursuant to this Section 6, and (ii) within 20 days after submission by Indemnitee of a written request for indemnification pursuant to
Section 6(a) hereof, no Independent Counsel shall have been selected (including as a result of an objection to the selected Independent Counsel), either the Company or Indemnitee may petition the Court of Chancery of the
State of Delaware or other court of competent jurisdiction for resolution of any objection which shall have been made by Indemnitee to the Company’s selection of Independent Counsel and/or for the appointment as Independent Counsel of a Person
selected by the court or by such other Person as the court shall designate, and the Person with respect to whom all objections are so resolved 

 
or the Person so appointed shall act as Independent Counsel under Section 6(b) hereof. The Company shall pay any and all reasonable fees and expenses of Independent
Counsel incurred by such Independent Counsel in connection with acting pursuant to Section 6(b) hereof, and the Company shall pay all reasonable fees and expenses incident to the procedures of this
Section 6(c), regardless of the manner in which such Independent Counsel was selected or appointed. 

(d)    In making a determination with respect to entitlement to indemnification hereunder, the Person
making such determination shall to the fullest extent permitted by law presume that Indemnitee is entitled to indemnification under this Agreement. Anyone seeking to overcome this presumption shall have the burden of proof to overcome such
presumption. Neither the failure of the Company (including by its directors or independent legal counsel) to have made a determination prior to the commencement of any action pursuant to this Agreement that indemnification is proper in the
circumstances because Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company (including by its directors or Independent Counsel) that Indemnitee has not met such applicable standard of conduct, shall be a
defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct. 

(e)    Indemnitee shall be deemed to have acted in good faith if Indemnitee’s action is based on the
records or books of account of the Enterprise (as hereinafter defined), including financial statements, or on information supplied to Indemnitee by the officers of the Enterprise in the course of their duties, or on the advice of legal counsel for
the Enterprise or on information or records given or reports made to the Enterprise by an independent certified public accountant or by an appraiser or other expert selected with reasonable care by the Enterprise. In addition, the knowledge and/or
actions, or failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement. Whether or not the foregoing provisions of
this Section 6(e) are satisfied, it shall in any event be presumed that Indemnitee has at all times acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the
Company. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence. 

(f)    If the Person empowered or selected under this Section 6 to determine
whether Indemnitee is entitled to indemnification shall not have made a determination within thirty (30) days after receipt by the Company of the request therefor, the requisite determination of entitlement to indemnification shall to the
fullest extent permitted by law be deemed to have been made and Indemnitee shall be entitled to such indemnification absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make
Indemnitee’s statement not materially misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under applicable law; provided, however, that such 30-day period may be
extended for a reasonable time, not to exceed an additional fifteen (15) days, if the Person making such determination with respect to entitlement to indemnification in good faith requires such additional time to obtain or evaluate
documentation and/or 

 
information relating thereto; and provided, further, that the foregoing provisions of this Section 6(f) shall not apply if the determination of entitlement
to indemnification is to be made by the stockholders pursuant to Section 6(b) of this Agreement and if (A) within fifteen (15) days after receipt by the Company of the request for such determination, the Board or
the Disinterested Directors, if appropriate, resolve to submit such determination to the stockholders for their consideration at an annual meeting thereof to be held within seventy-five (75) days after such receipt and such determination is
made thereat, or (B) a special meeting of stockholders is called within fifteen (15) days after such receipt for the purpose of making such determination, such meeting is held for such purpose within sixty (60) days after having been
so called and such determination is made thereat. 
 (g)    Indemnitee shall cooperate with the Person
making such determination with respect to Indemnitee’s entitlement to indemnification, including providing to such Person upon reasonable advance request any documentation or information which is not privileged or otherwise protected from
disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any costs or expenses (including reasonable attorneys’ fees and disbursements) incurred by Indemnitee in so cooperating with the Person
making such determination shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom. 

(h)    The Company acknowledges that a settlement or other disposition short of final judgment may be
successful if it permits a party to avoid expense, delay, distraction, disruption and uncertainty. In the event that any action, claim or proceeding to which Indemnitee is a party is resolved in any manner other than by adverse judgment against
Indemnitee (including, without limitation, settlement of such action, claim or proceeding with or without payment of money or other consideration), it shall to the fullest extent permitted by law be presumed that Indemnitee has been successful on
the merits or otherwise in such action, suit or proceeding. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence. 

(i)    The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order,
settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely affect the right of Indemnitee to indemnification or create a presumption that
Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee had reasonable cause to believe that
Indemnitee’s conduct was unlawful. 
 7.    Remedies of Indemnitee. 

(a)    In the event that (i) a determination is made pursuant to Section 6
of this Agreement that Indemnitee is not entitled to indemnification under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 5 of this Agreement, (iii) no determination of
entitlement to indemnification is made pursuant to Section 6(b) 

 
of this Agreement within thirty (30) days after receipt by the Company of the request for indemnification or (iv) payment of indemnification is not made within ten (10) days after
a determination has been made that Indemnitee is entitled to indemnification or such determination is deemed to have been made pursuant to Section 6 of this Agreement, Indemnitee shall be entitled to an adjudication in an
appropriate court of the State of Delaware, or in any other court of competent jurisdiction, of Indemnitee’s entitlement to such indemnification, contribution or advancement of Expenses. Alternatively, Indemnitee, at Indemnitee’s option,
may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration Association. The Company shall not oppose Indemnitee’s right to seek any such adjudication or award
in arbitration. 
 (b)    In the event that a determination shall have been made pursuant to
Section 6(b) of this Agreement that Indemnitee is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 7 shall be conducted in all respects as
a de novo trial, or arbitration, on the merits, and Indemnitee shall not be prejudiced by reason of the adverse determination under Section 6(b). In any judicial proceeding or arbitration commenced pursuant to this
Section 7, Indemnitee shall be presumed to be entitled to indemnification under this Agreement and the Company shall have the burden of proving Indemnitee is not entitled to indemnification or advancement of Expenses, as
the case may be, and the Company may not refer to, or introduce into evidence, any determination pursuant to Section 6(b) of this Agreement adverse to Indemnitee for any purpose other than to establish its compliance with
the terms of this Agreement. If Indemnitee commences a judicial proceeding or arbitration pursuant to this Section 7, Indemnitee shall not be required to reimburse the Company for any advances pursuant to
Section 5 until a final determination is made with respect to Indemnitee’s entitlement to indemnification (as to which all rights of appeal have been exhausted or lapsed). 

(c)    If a determination shall have been made pursuant to Section 6(b) of this
Agreement that Indemnitee is entitled to indemnification, the Company shall be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section 7, absent (i) a misstatement by
Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s misstatement not materially misleading, in connection with the application for indemnification, or (ii) a prohibition of such indemnification
under applicable law. 
 (d)    In the event that Indemnitee, pursuant to this
Section 7, incurs costs, in a judicial or arbitration proceeding or otherwise, attempting to enforce Indemnitee’s rights under, or to recover damages for breach of, this Agreement, or to recover under any
directors’ and officers’ liability insurance policies maintained by the Company, the Company shall pay on Indemnitee’s behalf, in advance, any and all expenses (of the types described in the definition of Expenses in
Section 12 of this Agreement) actually and reasonably incurred by Indemnitee in such efforts, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of expenses or
insurance recovery, to the fullest extent permitted by applicable law. It is the intent of the Company that, to the fullest extent permitted by applicable law, Indemnitee not be 

 
required to incur legal fees or other Expenses associated with the interpretation, enforcement or defense of Indemnitee’s rights under this Agreement by litigation or otherwise because the
cost and expense thereof would substantially detract from the benefits intended to be extended to Indemnitee hereunder. 

(e)    The Company shall, to the fullest extent not prohibited by law, be precluded from asserting in any
judicial proceeding or arbitration commenced pursuant to this Section 7 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court or before any such
arbitrator that the Company is bound by all the provisions of this Agreement. 
 (f)    Notwithstanding
anything in this Agreement to the contrary, no determination as to entitlement to indemnification under this Agreement shall be required to be made prior to the final disposition of the Proceeding. 

8.    Non-Exclusivity; Survival of Rights; [Primacy of Indemnification;]
Insurance; Subrogation. 
 (a)    The rights of indemnification and to receive advancement of
Expenses as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable law, the Amended & Restated Certificate of Incorporation of the Company (as amended or
restated, the “Charter”), the Bylaws, any agreement, a vote of stockholders, a resolution of directors or otherwise, of the Company. No amendment, alteration or repeal of this Agreement or of any provision hereof shall limit or restrict
any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in Indemnitee’s Corporate Status prior to such amendment, alteration or repeal. To the extent that a change in the DGCL, whether by
statute or judicial decision, permits greater indemnification than would be afforded currently under the Charter, Bylaws and this Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so
afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right and remedy shall be cumulative and in addition to every other right and remedy given hereunder or now or
hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy. 

(b)    The Company shall, if commercially reasonable, obtain and maintain in effect during the entire
period for which the Company is obligated to indemnify Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the directors and officers of the Company with coverage for losses from wrongful
acts and omissions and to ensure the Company’s performance of its indemnification obligations under this Agreement. Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the
coverage available for any such officer or director under such policy or policies. In all such insurance policies, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee with the same rights and benefits as are accorded to
the most 

 
favorably insured of the Company’s directors and officers. At the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company shall give prompt notice of the
commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all
amounts payable as a result of such proceeding in accordance with the terms of such policies. 

(c)    [The Company hereby acknowledges that Indemnitee has certain rights to indemnification, advancement
of expenses and/or insurance provided by TJC and certain affiliates that, directly or indirectly, (i) are controlled by, (ii) control or (iii) are under common control with TJC (collectively, the “Fund Indemnitors”).
With respect to any amounts that are subject to indemnity under this Agreement and also subject to an indemnity obligation owed by Fund Indemnitors, the Company hereby agrees (i) that, as compared to the Fund Indemnitors, the Company is the
indemnitor of first resort with respect to any rights to indemnification provided to Indemnitee herein (i.e., its obligations to Indemnitee are primary and any obligation of the Fund Indemnitors to advance expenses or to provide indemnification for
the same expenses or liabilities incurred by Indemnitee is secondary), (ii) that the Company shall be required to advance the full amount of expenses incurred by Indemnitee and shall be liable for the full amount of all Expenses, judgments,
penalties, fines and amounts paid in settlement to the extent legally permitted and as required by the terms of this Agreement and the Charter or Bylaws of the Company (or any other agreement between the Company and Indemnitee), without regard to
any rights Indemnitee may have against the Fund Indemnitors, and (iii) that the Company irrevocably waives, relinquishes and releases the Fund Indemnitors from any and all claims against the Fund Indemnitors for contribution, subrogation or any
other recovery of any kind in respect thereof. The Company further agrees that no advancement or payment by the Fund Indemnitors on behalf of Indemnitee with respect to any claim for which Indemnitee has sought indemnification from the Company shall
affect the foregoing and the Fund Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of Indemnitee against the Company. The Company and Indemnitee agree
that the Fund Indemnitors are express third party beneficiaries of the terms of this Section 8(c).]2 

(d)    [Except as provided in Section 8(c) above,] in the event of any payment
under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee [(other than against the Fund Indemnitors)], who shall execute all papers required and take all action necessary to
secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights. 

(e)    [Except as provided in Section 8(c) above,] the Company shall not be
liable under this Agreement to make any payment of amounts otherwise indemnifiable (or for which advancement of Expenses is provided) hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance
policy, contract, agreement or otherwise. 
  
  

	2 	 NTD: Bracketed language to be included in form for TJC directors. 

 (f)    [Except as provided in
Section 8(c) above,] the Company’s obligation to indemnify or advance Expenses hereunder to Indemnitee who is or was serving at the request of the Company as a director, officer, employee or agent of any other
corporation, partnership, joint venture, trust, employee benefit plan or other enterprise shall be reduced by any amount Indemnitee has actually received as indemnification or advancement of expenses from such other corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise. 
 9.    Exception to Right of Indemnification.
Notwithstanding any provision in this Agreement, the Company shall not be obligated under this Agreement to make any indemnity or advancement of expenses in connection with any claim made against Indemnitee: 

(a)    for which payment has actually been made to or on behalf of Indemnitee under any insurance policy or
other indemnity provision, except with respect to any excess beyond the amount paid under any insurance policy or other indemnity provision; [provided, that the foregoing shall not affect the rights of Indemnitee or the Fund Indemnitors set
forth in Section 8(c) above;] or 
 (b)    for an accounting of profits made
from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the meaning of Section 16(b) of the Exchange Act (as hereinafter defined), or similar provisions of state statutory law or common law; or 

(c)    for reimbursement to the Company of any bonus or other incentive-based or equity-based compensation
or of any profits realized by Indemnitee from the sale of securities of the Company, in each case as required under the Exchange Act (including any such reimbursements that arise from an accounting restatement of the Company pursuant to
Section 304 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”) or Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act in connection with an accounting restatement of the Company or the
payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of the Sarbanes-Oxley Act); 

(d)    in connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee, including
any Proceeding (or any part of any Proceeding) initiated by Indemnitee against the Company or its directors, officers, employees or other indemnitees, unless (i) the Company has joined in or the Board authorized the Proceeding (or any part of
any Proceeding) prior to its initiation, (ii) the Company provides the indemnification, in its sole discretion, pursuant to the powers vested in the Company under applicable law, or (iii) the Proceeding is one to enforce Indemnitee’s
rights under this Agreement or; 
 (e)    any reimbursement of the Company by Indemnitee of any
compensation pursuant to any compensation recoupment or clawback policy adopted by the Board or 

 
the compensation committee of the Board, including but not limited to any such policy adopted to comply with stock exchange listing requirements implementing Section 10D of the Exchange Act.

 10.    Non-Disclosure of Payments. Except as expressly required by the
securities laws of the United States of America or other applicable law, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. If any payment information must be disclosed, the Company
shall afford the Indemnitee an opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events to be reported. 

11.    Duration of Agreement. All agreements and obligations of the Company contained herein shall continue until
and terminate upon the later of (i) twenty (20) years after the date that Indemnitee shall have ceased to serve as a director or officer of the Company or a director, officer, trustee, partner, managing member, fiduciary, employee or agent of
any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise which Indemnitee served at the request of the Company, and (ii) one (1) year after the final termination of any Proceeding (including any rights
of appeal thereto) in respect of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of any Proceeding commenced by Indemnitee pursuant to Section 7 of this Agreement relating
thereto (including any rights of appeal of any Proceeding commenced pursuant to Section 7 of this Agreement). Termination of this Agreement shall not adversely affect any right or protection hereunder of any Indemnitee in
respect of any Proceeding (regardless of when such Proceeding is first threatened, commenced or completed) arising out of, or related to, any act or omission occurring prior to the time of such termination. This Agreement shall be binding upon and
inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the
Company), assigns, spouses, heirs, executors and personal and legal representatives. 
 12.    Definitions. For
purposes of this Agreement: 
 (a)    “Beneficial Owner” shall have the meaning given to
such term in Rule 13d-3 under the Exchange Act; provided, however, that Beneficial Owner shall exclude any Person otherwise becoming a Beneficial Owner by reason of the stockholders of the
Company approving a merger of the Company with another entity. 
 (b)    “Change in
Control” shall be deemed to occur upon the earliest to occur after the date of this Agreement of any of the following events: 

(i)    Acquisition of Stock by Third Party. Any Person (as defined below), other than TJC and its
affiliates, and other than a trustee or other fiduciary holding securities under an employee benefit plan of the Company or a corporation owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their
ownership of stock of the Company, is or becomes the Beneficial Owner (as defined above), directly or indirectly, of securities of the Company representing more than 50% of the combined voting 

 
power of the Company’s then outstanding securities, unless the change in relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the
aggregate number of outstanding securities entitled to vote generally in the election of directors; 

(ii)    Change in Board of Directors. During any period of two (2) consecutive years (not
including any period prior to the execution of this Agreement), individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated by a Person who has entered into an agreement with the
Company to effect a transaction described in Section 12(b)(i), 12(b)(iii) or 12(b)(iv)) whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at
least two-thirds of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to
constitute at least a majority of the members of the Board; 
 (iii)    Corporate Transactions.
The effective date of a merger or consolidation of the Company with any other entity, other than a merger or consolidation that would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation
continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than 50% of the combined voting power of the voting securities of the surviving entity outstanding immediately after
such merger or consolidation and with the power to elect at least a majority of the board of directors or other governing body of such surviving entity; and 

(iv)    Liquidation. The approval by the stockholders of the Company of a complete liquidation of
the Company or an agreement or series of agreements for the sale or disposition by the Company of all or substantially all of the Company’s assets, or, if such approval is not required, the decision by the Board to proceed with such a
liquidation, sale, or disposition in one transaction or a series of related transactions. 

(c)    “Corporate Status” describes the status of a person who is or was a director,
officer, employee, agent or fiduciary of the Company, any direct or indirect subsidiary of the Company, or of any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise that such person is or was serving at
the express written request of the Company. 
 (d)    “Disinterested Director” means a
director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee. 

(e)    “Enterprise” shall mean the Company and any other corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise that Indemnitee is or was serving at the request of the Company as a director, officer, trustee, partner, managing member, employee, agent or fiduciary. 

 (f)    “Exchange Act” shall mean the
Securities Exchange Act of 1934, as amended. 
 (g)    “Expenses” shall include all
reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts and other professionals, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees,
ERISA excise taxes and penalties, and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, participating, or being or preparing to be a
witness in a Proceeding, or responding to, or objecting to, a request to provide discovery in any Proceeding. Expenses also shall include Expenses incurred in connection with any appeal resulting from any Proceeding and any federal, state, local or
foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement, including without limitation the premium, security for, and other costs relating to any cost bond, supersedeas bond, or other
appeal bond or its equivalent. Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee. 

(h)    “Independent Counsel” means a law firm, or a member of a law firm, that is
experienced in matters of corporation law and neither presently is, nor in the past five (5) years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either such party (other than with respect to
matters concerning Indemnitee under this Agreement, or of other indemnitees under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the
foregoing, the term “Independent Counsel” shall not include any Person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an
action to determine Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees and disbursements of the Independent Counsel referred to above and to fully indemnify such counsel against any and all Expenses, claims,
liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 

(i)    “Person” shall have the meaning as set forth in Sections 13(d) and 14(d) of the
Exchange Act; provided, however, that Person shall exclude (i) the Company, (ii) any trustee or other fiduciary holding securities under an employee benefit plan of the Company, and (iii) any corporation owned, directly
or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company. 

(j)    “Proceeding” includes any threatened, pending or completed action, suit, claim,
counterclaim, cross claim, arbitration, mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed proceeding, whether brought by or in the right of the Company or
otherwise 

 
and whether civil, criminal, administrative or investigative, in which Indemnitee was, is or will be involved as a party or otherwise, by reason of the fact that Indemnitee is or was an officer
or director of the Company, by reason of any action taken by Indemnitee or of any inaction on Indemnitee’s part while acting as an officer or director of the Company, or by reason of the fact that Indemnitee is or was serving at the request of
the Company as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, trust or other enterprise; in each case whether or not Indemnitee is acting or serving in any such capacity at the time any
liability or expense is incurred for which indemnification can be provided under this Agreement; including one pending on or before the date of this Agreement, but excluding one initiated by an Indemnitee pursuant to
Section 7 of this Agreement to enforce Indemnitee’s rights under this Agreement. 

13.    Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or
unenforceable for any reason whatsoever: (i) the validity, legality, and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any Section, paragraph or sentence of this Agreement
containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the fullest extent permitted by
law; (ii) such provision or provisions shall be deemed reformed to the fullest extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and (iii) to the fullest extent possible, the
provisions of this Agreement (including, without limitation, each portion of any Section, paragraph or sentence of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or
unenforceable) shall be construed so as to give effect to the intent manifested thereby. Without limiting the generality of the foregoing, this Agreement is intended to confer upon Indemnitee [and Nominating Member] indemnification rights to the
fullest extent permitted by applicable laws. 
 14.    Enforcement and Binding Effect. 

(a)    The Company expressly confirms and agrees that it has entered into this Agreement and assumed the
obligations imposed on it hereby in order to induce Indemnitee to serve as a director or officer of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving or continuing to serve as a director or officer
of the Company. 
 (b)    Without limiting any of the rights of Indemnitee under the Charter or Bylaws of
the Company as they may be amended from time to time, this Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and
implied, between the parties hereto with respect to the subject matter hereof. 
 (c)    The
indemnification and advancement of expenses provided by, or granted pursuant to, this Agreement shall be binding upon and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor by
purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), shall continue as to an Indemnitee who has ceased to 

 
be a director, officer, employee or agent of the Company or of any other Enterprise at the Company’s request, and shall inure to the benefit of Indemnitee and Indemnitee’s spouse,
assigns, heirs, devisees, executors and administrators and other legal representatives. 
 (d)    The
Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform this
Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. 

(e)    The Company and Indemnitee agree herein that a monetary remedy for breach of this Agreement, at some
later date, may be inadequate, impracticable and difficult of proof, and further agree that such breach may cause Indemnitee irreparable harm. Accordingly, the parties hereto agree that Indemnitee may enforce this Agreement by seeking injunctive
relief and/or specific performance hereof, without any necessity of showing actual damage or irreparable harm and that by seeking injunctive relief and/or specific performance, Indemnitee shall not be precluded from seeking or obtaining any other
relief to which Indemnitee may be entitled. The Company and Indemnitee further agree that Indemnitee shall be entitled to such specific performance and injunctive relief, including temporary restraining orders, preliminary injunctions and permanent
injunctions, without the necessity of posting bonds or other undertaking in connection therewith. The Company acknowledges that in the absence of a waiver, a bond or undertaking may be required of Indemnitee by the court, and the Company hereby
waives any such requirement of such a bond or undertaking. 
 15.    Modification and Waiver. No supplement,
modification, termination or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other
provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. 
 16.    Notice By
Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with or otherwise receiving any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter
which may be subject to indemnification or advancement of Expenses covered hereunder. The failure to so notify the Company shall not relieve the Company of any obligation which it may have to Indemnitee under this Agreement or otherwise unless and
only to the extent that such failure or delay materially prejudices the Company. 
 17.    Notices. All notices
and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed electronic mail or facsimile
if sent during normal business hours of the recipient, and if not so confirmed, then on the next business day, (iii) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or
(iv) one (1) day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent: 

(a)    To Indemnitee at the address set forth below Indemnitee’s signature hereto. 

 (b)    To the Company at: 

Specialty Building Products, Inc. 

2160 Satellite Boulevard, Suite 450 

Duluth, Georgia 30097 

Attention: [●] 
 E-mail: [●] 
 or to such other address as may have been furnished to Indemnitee by the Company or to the Company by
Indemnitee, as the case may be. 
 18.    18. Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same Agreement. This Agreement may also be executed and delivered by facsimile signature and in two or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 19.    19.
Headings. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction thereof. 

20.    20. Usage of Pronouns. Use of the masculine pronoun shall be deemed to include usage of the feminine pronoun
where appropriate. 
 21.    21. Governing Law and Consent to Jurisdiction. This Agreement and the legal
relations among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to its
conflict-of-laws rules. Except with respect to any arbitration commenced by Indemnitee pursuant to Section 7 of this Agreement, the Company and
Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought only in the Chancery Court of the State of Delaware (the “Delaware Court”),
and not in any other state or federal court in the United States of America or any court in any other country, and (ii) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out
of or in connection with this Agreement. 
 [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.] 

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

			
	SPECIALTY BUILDING PRODUCTS, INC.
		
	By:	 	
                    

 
			
	Name:	 	
	Title:	 	
		
	Name:	 	

 
			
	Address:	 	
                    

 
			
	
                    

	
                    

  
 SIGNATURE
PAGE TO INDEMNIFICATION AGREEMENT

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