Document:

EX-10.1

 Exhibit 10.1 

Execution Copy 
 ASSET PURCHASE
AGREEMENT 
 by and between 

LOGO SPORTSWEAR INC. 
 a
Delaware corporation 
 and 

CAFEPRESS INC. 
 a
Delaware corporation 
 Dated as of 

February 20, 2015 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 Section 1
	 	Definitions	  	 	1	  
	 1.1
	 	Definitions	  	 	1	  
			
	 Section 2
	 	Purchase of Assets/Assumption of Liabilities	  	 	9	  
	 2.1
	 	Purchased Assets	  	 	9	  
	 2.2
	 	Excluded Assets	  	 	10	  
	 2.3
	 	Assumed Liabilities and Obligations	  	 	11	  
	 2.4
	 	Excluded Liabilities and Obligations	  	 	11	  
			
	 Section 3
	 	Transaction Consideration	  	 	12	  
	 3.1
	 	Purchase Price	  	 	12	  
	 3.2
	 	Escrow	  	 	14	  
	 3.3
	 	Taxes and Tax Reporting	  	 	14	  
	 3.4
	 	Transition Services Agreement	  	 	15	  
	 3.5
	 	Referral Agreement	  	 	15	  
	 3.6
	 	Cerreta Profits Interest	  	 	15	  
			
	 Section 4
	 	Closing	  	 	15	  
	 4.1
	 	Closing	  	 	15	  
	 4.2
	 	Transfer of Possession	  	 	15	  
			
	 Section 5
	 	Representations and Warranties of Seller	  	 	16	  
	 5.1
	 	Organization, Good Standing, Corporate Power and Qualification	  	 	16	  
	 5.2
	 	Due Authorization, Binding Effect	  	 	16	  
	 5.3
	 	No Conflicts	  	 	16	  
	 5.4
	 	Governmental Consents	  	 	17	  
	 5.5
	 	Litigation	  	 	17	  
	 5.6
	 	Intellectual Property	  	 	17	  
	 5.7
	 	Compliance with Contracts and Legal Requirements	  	 	18	  
	 5.8
	 	Assets Generally	  	 	19	  
	 5.9
	 	Contracts	  	 	19	  
	 5.10
	 	Governmental Authorizations	  	 	20	  
	 5.11
	 	Employee Matters	  	 	20	  
	 5.12
	 	Taxes	  	 	22	  
	 5.13
	 	Material Relationships	  	 	23	  
	 5.14
	 	Environmental Matters	  	 	23	  
	 5.15
	 	Real Estate.	  	 	24	  
	 5.16
	 	No Material Adverse Effect	  	 	24	  
	 5.17
	 	Financial Statements.	  	 	24	  
	 5.18
	 	Undisclosed Liabilities	  	 	25	  
	 5.19
	 	Accounts Receivable	  	 	25	  
	 5.20
	 	Operations of Seller.	  	 	25	  

							
			
	 Section 6
		Representations and Warranties of Buyer		 	26	  
	 6.1
		Organization, Good Standing, Corporate Power and Qualification		 	26	  
	 6.2
		Due Authorization, Binding Effect		 	27	  
	 6.3
		No Conflicts		 	27	  
	 6.4
		Governmental Consents		 	27	  
	 6.5
		Litigation		 	27	  
	 6.6
		No Finder’s Fees		 	27	  
	 6.7
		Absence of Changes		 	27	  
	 6.8
		Financing		 	28	  
			
	 Section 7
		Covenants		 	28	  
	 7.1
		Conveyance of Assets		 	28	  
	 7.2
		Employee Matters		 	29	  
	 7.3
		Access and Information		 	31	  
	 7.4
		Preservation of Business		 	31	  
	 7.5
		Commercially Reasonable Efforts		 	33	  
	 7.6
		Publicity		 	33	  
	 7.7
		Exclusivity		 	33	  
	 7.8
		Notice		 	33	  
	 7.9
		Confidentiality		 	34	  
	 7.10
		Bulk Sales Laws		 	35	  
	 7.11
		Company Sale Exception		 	35	  
			
	 Section 8
		Conditions Precedent to the Closing by Buyer		 	35	  
	 8.1
		Representations and Warranties		 	36	  
	 8.2
		Performance		 	36	  
	 8.3
		No Action		 	36	  
	 8.4
		Material Adverse Effect		 	36	  
	 8.5
		Certificate		 	36	  
	 8.6
		Governmental Approvals		 	36	  
	 8.7
		Consents Obtained; Liens Released		 	36	  
	 8.8
		Bill of Sale; Assumption Agreement; IP Assignment Agreement; Employment Agreements		 	36	  
	 8.9
		Escrow Agreement		 	37	  
	 8.10
		Transition Services Agreement		 	37	  
	 8.11
		Referral Agreement		 	37	  
	 8.12
		Approval of Documentation		 	37	  
	 8.13
		Contemporaneous Delivery and Effectiveness		 	37	  
			
	 Section 9
		Conditions Precedent to the Closing by Seller		 	37	  
	 9.1
		Representations and Warranties		 	37	  
	 9.2
		Performance		 	37	  
	 9.3
		Consideration		 	38	  
	 9.4
		Certificate		 	38	  
	 9.5
		No Actions		 	38	  
	 9.6
		Escrow Agreement		 	38	  
	 9.7
		Transition Services Agreement		 	38	  
	 9.8
		Referral Agreement		 	38	  

							
	 9.9
		Approval of Documentation		 	38	  
	 9.10
		Contemporaneous Delivery and Effectiveness		 	38	  
			
	 Section 10
		Post-Closing Indemnification		 	38	  
	 10.1
		Survival of Representations and Warranties and Related				
			Indemnification Rights		 	38	  
	 10.2
		Indemnification		 	39	  
	 10.3
		Arbitration		 	43	  
	 10.4
		Tax Cooperation		 	44	  
	 10.5
		No Other Representations or Warranties		 	44	  
	 10.6
		Tax Treatment of Indemnity Payments		 	44	  
			
	 Section 11
		Post-Closing RESTRICTIVE COVENANTS		 	44	  
	 11.1
		Restrictive Covenants		 	44	  
	 11.2
		Certain Acknowledgements		 	45	  
			
	 Section 12
		Termination		 	46	  
	 12.1
		Termination		 	46	  
	 12.2
		Effect of Termination		 	47	  
			
	 Section 13
		General Provisions		 	47	  
	 13.1
		Notices		 	47	  
	 13.2
		Expenses		 	49	  
	 13.3
		Counterparts; Facsimile Signatures		 	49	  
	 13.4
		Governing Law		 	49	  
	 13.5
		Integration and Construction		 	49	  
	 13.6
		Waivers and Amendments		 	49	  
	 13.7
		Injunctive Relief		 	50	  
	 13.8
		Successors and Assigns		 	50	  
	 13.9
		Severability		 	50	  
	 13.10
		Time of Essence		 	50	  
	 13.11
		No Third Party Beneficiaries		 	50	  

  

			
		
	Exhibits		
		
	Exhibit A		Escrow Agreement
	Exhibit B		Transition Services Agreement
	Exhibit C		Referral Agreement
	Exhibit D		Assumption Agreement
	Exhibit E		Bill of Sale
	Exhibit F		IP Assignment Agreement

 ASSET PURCHASE AGREEMENT 

THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is entered into as of February 20, 2015, by and between LOGO SPORTSWEAR INC., a
Delaware corporation (“Buyer”), and CAFEPRESS INC., a Delaware corporation (“Seller”). 
 Recitals 

WHEREAS, Seller is engaged in the business of providing personalized apparel and merchandise for groups and organizations through its
e-commerce websites listed on Schedule A hereto (the “Business”); and 
 WHEREAS, effective on the Closing Date (as defined
below), (a) Seller desires to sell, assign, transfer, convey and deliver to Buyer or one of its Affiliates, and Buyer desires to purchase and acquire from Seller, all of its rights, title and interest in and to the Assets (as defined herein)
and (b) Buyer or one of its Affiliates agrees to assume and become responsible for the Assumed Liabilities (as defined herein), on the terms and subject to the conditions hereinafter set forth (the “Transaction”). 

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth in this Agreement, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 SECTION 1 DEFINITIONS. 

1.1 Definitions. In this Agreement, the following terms have the meanings specified or referred to in this Section 1 and shall be
equally applicable to both the singular and plural forms. Any agreement referred to below shall mean such agreement as amended, supplemented and modified from time to time to the extent permitted by the applicable provisions thereof and by this
Agreement. 
 (a) “PTO Accrual” shall mean accrued vacation, accrued sick time and earned time off. 

(b) “Acquisition Proposal” shall have the meaning ascribed to such term in Section 7.7. 

(c) “Action” shall have the meaning ascribed to such term in Section 10.2(a). 

(d) “Adjustment Amount” shall have the meaning ascribed to such term in Section 3.1. 

 (e) “Affiliate” shall mean, with respect to any Person, any Person
directly or indirectly controlling, controlled by, or under common control with, such other Person as of the date on which, or at any time during the period for which, the determination of affiliation is being made. For purposes of this definition,
the term “control” (including the correlative meanings of the terms “controlled by” and “under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to
direct or cause the direction of the management policies of such Person, whether through the ownership of voting securities or by contract or otherwise. 

(f) “Agreed Amount” shall mean part or all of the Claimed Amount; provided, that an Indemnified Party agreeing to an
Agreed Amount shall have no right to claim any Damages above such Agreed Amount with respect to the claim resolved by the Agreed Amount except to the extent that additional Damages are imposed on, sustained, incurred or suffered by, the Indemnified
Party related to such claim that were not contemplated by the applicable Claim Notice; and provided, that, receipt of such Agreed Amount by an Indemnified Party shall not preclude such Indemnified Party from bringing additional claims. 

(g) “Agreement” shall have the meaning set forth in the Recitals. 

(h) “Assets” shall have the meaning ascribed to such term in Section 2.1. 

(i) “Assumed Liabilities” shall have the meaning ascribed to such term in Section 2.3. 

(j) “Assumption Agreement” shall have the meaning ascribed to such term in Section 4.2. 

(k) “Bill of Sale” shall have the meaning ascribed to such term in Section 4.2. 

(l) “Books and Records” shall have the meaning ascribed to such term in Section 2.1(j). 

(m) “Business” shall have the meaning set forth in the Recitals. 

(n) “Business Day” shall mean any day other than a Saturday, a Sunday or a day on which banks in New York City,
United States of America are authorized or obligated by Legal Requirement to close. 
 (o) “Buyer” shall have the
meaning set forth in the Preamble. 
 (p) “Buyer Indemnified Parties” shall have the meaning ascribed to such term
in Section 10.2(a). 
 (q) “Claimed Amount” shall have the meaning ascribed to such term in
Section 10.2(d). 
 (r) “Claim Notice” shall have the meaning ascribed to such term in Section 10.2(d).

 (s) “Closing” shall have the meaning ascribed to such term in Section 4.1. 

  
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 (t) “Closing Date” shall have the meaning ascribed to such term in
Section 4.1. 
 (u) “Closing PTO Amount Schedule” shall have the meaning ascribed to such term in
Section 7.3(a). 
 (v) “COBRA” shall mean the Consolidated Omnibus Budget Reconciliation Act of 1985, as
amended, and the regulations thereunder, and corresponding provisions of state or local law. 
 (w) “Code” shall
mean the United States Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder. 

(x) “Competitors” shall have the meaning ascribed to such term in the definition of Material Adverse Effect. 

(y) “Confidentiality Agreement” shall mean the Confidentiality Agreement between Seller and Digital Fuel Capital LLC
dated August 20, 2014. 
 (z) “Contract” shall mean any agreement, contract, subcontract, lease, Intellectual
Property License, instrument, note, evidence of indebtedness, indenture, mortgage, security agreement, warranty, insurance policy, benefit plan or other legally binding commitment (whether written or oral) to which Seller or any of its subsidiaries
is a party. 
 (aa) “Copyrights” shall have the meaning ascribed to such term in the definition of Intellectual
Property. 
 (bb) “Damages” shall have the meaning ascribed to such term in Section 10.2(a). 

(cc) “Dispute” shall mean the dispute resulting if any Indemnifying Parties in a response to a Claim Notice dispute
its liability for all or part of the Claimed Amount. 
 (dd) “Employee Agreement” shall mean each employment,
severance, consulting, relocation, repatriation, expatriation or other written agreement or contract between Seller, its parents or any Seller subsidiary and any Target Employee. 

(ee) “Employee Plan” shall mean any deferred compensation, pension, retirement, health, profit sharing, incentive
bonus, stock purchase, stock option or stock-related awards, hospitalization, insurance, severance, workers’ compensation, supplemental unemployment benefits, vacation benefits, disability benefits, change of control, retention, termination,
fringe benefit, or any other employee pension benefit (as defined in ERISA or otherwise) or employee welfare benefit obligation, or any other employee benefit of any kind whatsoever whether under a plan or agreement, that is sponsored, maintained,
contributed to, or required to be contributed to by Seller, its parents or any Seller subsidiary for the benefit of any Target Employee or any beneficiary or dependents thereof. 

  
 3 

 (ff) “Employees” shall mean all employees employed by Seller who
primarily work in the Business as of the date of this Agreement that are set forth on Schedule 1.1(ff). 
 (gg)
“Encumbrance” shall mean any Liens, pledge, mortgage, deed of trust, security interest, charge, claim, easement, lease, sublease, occupancy, encroachment or other similar encumbrances. 

(hh) “Environmental Laws” means all Legal Requirements relating to pollution, the protection of public health and
safety or the environment (including ambient air, surface water, groundwater, improvements, land surface, soil or subsurface strata), including with respect to emissions, discharges, Releases or threatened Releases of Hazardous Substances, or
otherwise relating to the use, treatment, storage, disposal, transportation, labeling or handling of Hazardous Substances or actual or potential exposure of any person thereto. 

(ii) “Environmental Permits” means all permits, certifications, licenses, approvals, registrations and authorizations
required by any Environmental Laws. 
 (jj) “ERISA” shall mean the Employee Retirement Income Security Act of 1974,
as amended, and the regulations thereunder. 
 (kk) “Escrow Agent” shall mean Wilmington Trust, N.A. 

(ll) “Escrow Agreement” shall mean an escrow agreement in substantially the form attached hereto as Exhibit A.

 (mm) “Estimated Adjustment Amount” shall have the meaning ascribed to such term in Section 3.1. 

(nn) “Excluded Assets” shall have the meaning ascribed to such term in Section 2.2. 

(oo) “Excluded Liabilities” shall have the meaning ascribed to such term in Section 2.4. 

(pp) “Fraudulent Breach” shall have the meaning ascribed to such term in Section 10.1. 

(qq) “Fundamental Representations” shall have the meaning ascribed to such term in Section 10.1. 

(rr) “Governmental Authority” shall mean any and all foreign, federal, state or local governments, governmental
institutions, public authorities and governmental entities of any nature whatsoever, and any subdivisions or instrumentalities thereof, including departments, boards, bureaus, commissions, agencies, courts, arbitrals, administrations and panels, and
any divisions or instrumentalities thereof, whether permanent or ad hoc. 

  
 4 

 (ss) “Governmental Authorization” shall mean any (i) permit,
license, certificate, franchise, permission, clearance, registration, qualification or authorization issued, granted, given or otherwise made available by or under the authority of any Governmental Authority or pursuant to any Legal Requirement, and
(ii) right under any Contract with any Governmental Authority. 
 (tt) “Hazardous Substances” has the meaning
set forth in CERCLA, 42 U.S.C. § 9601 (14), but for all such purposes shall include petroleum products and byproducts, chemicals known to the State of California to cause cancer or reproductive toxicity, and all other substances, materials and
wastes for which Liability can be imposed under any Environmental Laws. 
 (uu) “Indemnified Party” shall mean
either Buyer Indemnified Parties or Seller Indemnified Parties in their respective capacities as indemnitees hereunder, as applicable. 

(vv) “Indemnifying Party” shall mean either Buyer or Seller in its capacity as an indemnitor hereunder, as
applicable. 
 (ww) “Intellectual Property” shall mean all rights in or arising under (a) patents, patent
rights, industrial and utility models, industrial designs, petty patents, patents of importation, patents of addition, certificates of invention, invention disclosures and similar rights in inventions (collectively, “Patents”);
(b) copyrights, whether in published or unpublished works, and copyrightable works, mask works, rights to compilations, collective works, rights in Software and any other rights of authors or in works of authorship, whether copyrightable or not
(including databases and other compilations of information), and derivative works of any of the foregoing and moral rights in any of the foregoing (collectively, “Copyrights”); (c) registered and unregistered trademarks, service
marks, trade dress, trade names, corporate names, fictional business names, commercial names, URLs and internet domain names, brand names, certification marks, collective marks and other proprietary rights to any words, names, symbols, logos,
slogans, devices or combinations thereof used to identify, distinguish and indicate the source or origin of goods and services, and all goodwill associated therewith and symbolized thereby (collectively, “Trademarks”); (d) trade
secrets, data, databases and data collections, diagrams, conceptions, inventions (whether or not patentable), methods, processes, protocols, schematics, specifications, algorithms, Software, software code (in source or executable code), techniques,
know-how, confidential or proprietary information, and any technical, business and other information (collectively, “Trade Secrets”); (e) registrations, applications, provisional applications, priority and other applications,
divisionals, extensions, renewals, reissues, reexaminations, extensions, parents, continuations, continuations-in-part, and domestic and foreign counterparts for and to any of the foregoing; and (f) all other similar or equivalent proprietary
rights now known or hereafter recognized anywhere in the world. 
 (xx) “Intellectual Property Licenses” means all
licenses, sublicenses and other agreements by or through which other Persons grant Seller or Seller grants any other Persons any exclusive or non-exclusive rights or interests in or to any Intellectual Property that is used exclusively in connection
with the Business. 

  
 5 

 (yy) “Intellectual Property Registrations” means all Intellectual
Property Assets that are subject to any issuance, registration, application or other filing by, to or with any Governmental Authority or authorized private registrar in any jurisdiction, including registered Trademarks, domain names, and Copyrights,
issued and reissued Patents and pending applications for any of the foregoing. 
 (zz) “IP Assignment Agreement”
shall have the meaning ascribed to such term in Section 4.2. 
 (aaa) “knowledge” shall mean (i) with
respect to Seller, the actual or constructive knowledge of any fact or circumstance after reasonable inquiry of any of the individuals set forth in Schedule 1.1(aaa)(i), and (ii) with respect to Buyer, the actual or constructive knowledge of
any fact or circumstance after reasonable inquiry of any of the individuals set forth in Schedule 1.1(aaa)(ii). 
 (bbb)
“Legal Requirement” shall mean any federal, state, local, municipal, foreign or other law, statute, constitution, principle of common law, resolution, ordinance, order, code, edict, decree, consent decree, judgment, rule, regulation,
ruling, requirement or other pronouncement issued, enacted, adopted, promulgated, implemented or otherwise put into effect by or under the authority of any Governmental Authority, including any bulk transfer laws. 

(ccc) “Liability” shall mean any indebtedness, liability, loss or cost (whether known or unknown, whether asserted or
unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for Taxes. 

(ddd) “Lien” shall mean any interest in property securing an obligation, whether such interest is based on common
law, statute or contract (and including any security interest or lien arising from a mortgage, claim, encumbrance, pledge, charge, easement, servitude, security agreement, conditional sale or trust receipt or a lease, consignment or bailment for
security purposes), reservations, exceptions, covenants, conditions, options, restrictions, leases, subleases, licenses, occupancy agreements, pledges, charges, assessments, covenants, reservations, defects in title, encroachments and other burdens,
and other title exceptions and encumbrances affecting property of any nature, whether accrued or unaccrued, tangible or intangible, or absolute or contingent. 

(eee) “Material Adverse Effect” shall mean any fact, event, circumstance, change in or effect on, the Assets or the
Business that, individually or in the aggregate with any other facts, events, circumstances, changes in, or effects on the Assets or the business, operations or condition (financial or otherwise) of the Business (A) has had or would be
reasonably expected to have a material adverse effect on the Assets or the Business or (B) has had or would be reasonably expected to have a material adverse 

  
 6 

 effect on the ability of Seller and its Affiliates to perform their obligations under this
Agreement or any other agreement contemplated hereby; provided, however, that in determining whether a Material Adverse Effect has occurred or would be reasonably expected to occur, there shall be excluded any effect to the extent resulting from, or
arising in connection with, any of the following (either alone or in combination): 
 (i) changes in general economic or
business conditions or the financial or securities markets generally that do not impact Seller’s ability to operate the Business in a disproportionate manner relative to businesses similar in size and nature to the Business and which are
involved in providing personalized apparel and merchandise through e-commerce platforms, (“Competitors”); 
 (ii)
changes in the industries in which Seller operates, to the extent such changes do not adversely affect Seller’s ability to operate the Business in a disproportionate manner relative to Seller’s Competitors; 

(iii) changes in generally accepted accounting principles or international accounting standards generally applicable to
entities in the same industry as the Business; 
 (iv) changes in laws, rules and regulations of general applicability by any
Governmental Authority, to the extent such changes do not adversely affect Seller’s ability to operate the Business in a disproportionate manner relative to Seller’s Competitors; 

(v) acts of war (whether or not declared), the commencement, continuation or escalation of a war, acts of armed hostility,
sabotage or terrorism or other international or national calamity or any material worsening of such conditions threatened or existing as of the date of this Agreement, to the extent such changes do not adversely affect Seller’s ability to
operate the Business in a disproportionate manner relative to Seller’s Competitors; 
 (vi) the announcement or pendency
of the Transaction contemplated by this Agreement; or 
 (vii) (1) the failure by Seller to take any action expressly
prohibited by the terms of this Agreement or (2) any actions taken by Seller as expressly required by the terms of this Agreement or with the consent of Buyer. 

(fff) “Ordinary Course” means, with respect to any Person, in the ordinary course of that Person’s business
consistent with past practice, including as to the quantity, quality and frequency. 
 (ggg) “Patents” shall have
the meaning ascribed to such term in the definition of Intellectual Property. 
 (hhh) “Pending Order” shall have
the meaning ascribed to such term in Section 3.1. 

  
 7 

 (iii) “Permits” means all permits, licenses, franchises, approvals,
authorizations and consents required to be obtained from any Governmental Authority. 
 (jjj) “Permitted
Encumbrances” shall mean (i) Encumbrances for Taxes, assessments and other governmental charges not yet due and payable or, if due (A) not delinquent or (B) being contested in good faith by appropriate proceedings and described
in reasonable detail on the Seller Disclosure Schedule, and (ii) mechanics’, workmen’s, repairmen’s, warehousemen’s, carriers’ or other similar Liens or Encumbrances, including all statutory Liens and Encumbrances,
arising or incurred in the ordinary course of business. 
 (kkk) “Person” shall mean any natural person, any
Governmental Authority and any entity the separate existence of which is recognized by any Governmental Authority including corporations, limited liability companies, partnerships, limited liability partnerships, joint ventures, joint stock
companies, trusts, estates, companies and associations, whether organized for profit or otherwise. 
 (lll) “Proprietary
Information and Inventions Agreement” shall mean Seller’s standard form of Proprietary Information and Inventions Agreement executed by each Target Employee. 

(mmm) “Purchase Price” shall have the meaning ascribed to such term in Section 3.1. 

(nnn) “Referral Agreement” shall have the meaning ascribed to such term in Section 3.5. 

(ooo) “Related Agreements” shall mean the Bill of Sale, Assumption Agreement, the IP Assignment Agreement, the Escrow
Agreement, the Transition Services Agreement and the Referral Agreement. 
 (ppp) “Release” shall have the meaning
set forth in CERCLA, 42 U.S.C. § 9601 (22). 
 (qqq) “Representatives” shall mean any director, officer,
employee, accountant, counsel, investment banker, financial advisor or other agent or representative of such Person or any of its Affiliates. 

(rrr) “Restrictive Covenants” shall have the meaning ascribed to such term in Section 11.2(a). 

(sss) “Seller” shall have the meaning set forth in the Preamble. 

(ttt) “Seller Disclosure Schedule” shall mean the schedule (dated as of the date of the Agreement) delivered to Buyer
on behalf of Seller setting forth exceptions to, and disclosure with respect to, representations and warranties of Seller set forth herein. 

  
 8 

 (uuu) “Seller Indemnified Parties” shall have the meaning ascribed to
such term in Section 10.2(b). 
 (vvv) “Service Providers” shall have the meaning ascribed to such term in
Section 5.6(c). 
 (www) “Software” shall mean computer software, programs and databases in any form,
including source code, object code, operating systems and specifications, data, databases, database management code, firmware, utilities, graphical user interfaces and software engines, and all related documentation, developer notes, comments and
annotations. 
 (xxx) “Target Employees” shall have the meaning ascribed to such term in Section 7.2(a). 

(yyy) “Tax,” “Taxes” and “Tax Returns” shall have the meanings ascribed to such terms in
Section 5.12(a). 
 (zzz) “Termination Date” shall have the meaning ascribed to such term in
Section 12.1(b) subject to extension as set forth in Section 12.1(b). 
 (aaaa) “Trademarks” shall have
the meaning ascribed to such term in the definition of Intellectual Property. 
 (bbbb) “Trade Secrets” shall have
the meaning ascribed to such term in the definition of Intellectual Property. 
 (cccc) “Transaction” shall have
the meaning ascribed to such term in the Recitals. 
 (dddd) “Transfer Offers” shall have the meaning ascribed to
such term in Section 7.2(a). 
 (eeee) “Transferred Employees” shall have the meaning ascribed to such term in
Section 7.2(a). 
 (ffff) “Transition Services Agreement” shall have the meaning ascribed to such term in
Section 3.4. 
 SECTION 2 PURCHASE OF ASSETS/ASSUMPTION OF LIABILITIES. 

2.1 Purchased Assets. On the terms and subject to the conditions contained herein, the Seller shall sell, convey, transfer, assign and
deliver to Buyer, and the Seller shall cause Buyer to purchase, acquire and accept from the Seller, free and clear of all Liens (other than those Liens included in the Assumed Liabilities), all of the Seller’s right, title and interest in and
to all of the following assets which Seller owns or in which Seller has any right, title or interest, other than those assets specified as Excluded Assets (collectively, the “Assets”) as the same shall exist on the Closing Date: 

  
 9 

 (a) all accounts or notes receivable of the Business; 

(b) all inventory, finished goods, raw materials, work in progress, packaging, supplies, parts and other inventories of the
Business (“Inventory”) 
 (c) all Contracts set forth on Schedule 2.1(c)(i), the Leases set forth on Schedule
2.1(c)(ii) and the Intellectual Property Licenses set forth on Schedule 2.1(c)(iii) (all of the foregoing are collectively referred to herein as the “Assigned Contracts”); 

(d) all Intellectual Property owned by Seller and exclusively used in connection with the Business, including the Intellectual
Property Registrations set forth on Schedule 2.1(d) (the “Intellectual Property Assets”); 
 (e) all furniture,
fixtures, equipment, supplies and other tangible personal property of the Business listed on Schedule 2.1(e) (“Tangible Assets”); 

(f) all Permits listed on Schedule 2.1(f), but only to the extent such Permits may be transferred under applicable Law; 

(g) all prepaid expenses, vendor rebates, credits, advance payments, security, deposits, charges, sums and fees to the extent
related to the Assets; 
 (h) all of Seller’s rights under warranties, indemnities and all similar rights against third
parties to the extent related to any Assets; 
 (i) all rights to any action, suit or claim of any nature available to or
being pursued by Seller, whether arising by way of counterclaim or otherwise, to the extent related to any Assets or to the Business; 

(j) all books and records, including books of account, ledgers and general, financial and accounting records, machinery and
equipment maintenance files, customer lists, customer purchasing histories, price lists, distribution lists, supplier lists, production data, quality control records and procedures, customer complaints and inquiry files, research and development
files, records and data (including all correspondence with any Governmental Authority), sales material and records, strategic plans, internal financial statements and marketing and promotional surveys, material and research, that exclusively relate
to the Business or the Assets (the “Books and Records”), other than books and records set forth on Schedule 2.1(j); 

(k) the corporate or marketing names “LogoSportswear”, “Logo Sportswear”, “LogoSoftwear”, “T
Fund”, “Team Sportswear” and all derivations thereof; and 
 (l) all goodwill associated with any of the
assets described in the foregoing clauses (a) to (k). 
 2.2 Excluded Assets. Notwithstanding anything to the contrary herein and
except as expressly set forth in Section 2.1 above, the Assets do not include, Seller is not selling and Buyer is not purchasing, any other assets of Seller, and all such other assets and properties shall be excluded from the Assets (the
“Excluded Assets”). Without limiting the foregoing, Excluded Assets include the following assets and properties of the Seller: 

  
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 (a) all cash and cash equivalents, bank accounts and securities of Seller; 

(b) all Contracts that are not Assigned Contracts; 

(c) all Intellectual Property other than the Intellectual Property Assets or Intellectual Property Licenses; 

(d) the corporate seals, organizational documents, minute books, stock books, Tax Returns, books of account or other records
having to do with the corporate organization of Seller, all employee-related or employee benefit-related files or records, other than personnel files of Transferred Employees, and any other books and records which Seller is prohibited from
disclosing or transferring to Buyer under applicable Legal Requirements and is required by applicable Legal Requirements to retain; 

(e) all insurance policies of Seller and all rights to applicable claims and proceeds thereunder; 

(f) all Benefit Plans and trusts or other assets attributable thereto; 

(g) all Tax assets (including duty and Tax refunds and prepayments) of Seller; 

(h) all rights to any action, suit or claim of any nature available to or being pursued by Seller, whether arising by way of
counterclaim or otherwise, that are not related to the Assets or Business; 
 (i) all assets, properties and rights used by
Seller in its businesses other than the Business. 
 2.3 Assumed Liabilities and Obligations. On the terms and subject to the
conditions and exceptions contained herein, as of the Closing Date, Buyer shall assume and become responsible for only those obligations specified on Schedule 2.3 (the “Assumed Liabilities”), and Buyer does not assume and will not be
responsible or liable for any other Liabilities or obligations of Seller. Seller shall not amend, adjust or compromise any Assumed Liabilities from the date hereof without the prior written consent of Buyer. 

2.4 Excluded Liabilities and Obligations. Notwithstanding anything to the contrary contained in this Agreement, Buyer will not assume or
be liable for, and Seller will retain and remain responsible for, all of Seller’s debts, Liabilities and obligations of any nature whatsoever (other than the Assumed Liabilities set forth in Section 2.3), whether accrued or unaccrued,
whether absolute or contingent, whether known or unknown, whether due or to become due, and regardless of when asserted (collectively, the “Excluded Liabilities”). The Excluded Liabilities include the following: 

  
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 (a) Liabilities Under This Agreement. All of Seller’s Liabilities and
obligations under this Agreement or under any other agreement between Seller on the one hand and Buyer on the other hand entered into on or after the date hereof; 

(b) Taxes. Except as provided in Section 3.3, any Liability for or in respect of (i) the payment of all Taxes
and assessments which are required to be paid or remitted by Seller, including, without limitation, all excise Taxes, sales and use Taxes, payroll withholding Taxes, FICA Taxes, unemployment Taxes, business Taxes and real and personal property
Taxes, and (ii) any Taxes arising out of or relating to the ownership or use of the Assets or the operation of the Business prior to the Closing Date; 

(c) Employee Liabilities. Except as specifically set forth in this Agreement, any and all Liabilities under or relating
to any Employee Plan, Employee Agreement or otherwise relating to any current or former employee, director, or consultant of Seller and his or her service or employment with Seller prior to the Closing; 

(d) Breach of Contract/Violation of Law. All of Seller’s Liabilities or obligations arising out of or in connection
with the breach by Seller of any contract or agreement, including any Liabilities or obligations resulting from, arising out of, relating to, in the nature of or caused by any breach of contract, breach of warranty, tort, infringement, violation of
Legal Requirement or environmental matters concerning or directly in connection with the Assets (including those arising under any and all applicable securities, environmental, health and safety laws) occurring before the Closing, or any damages to
third parties resulting from acts, events or omissions occurring before the Closing; and 
 (e) Fees. All of
Seller’s Liabilities or obligations for expenses or fees incurred by Seller incident to or arising out of the negotiation, preparation, approval or authorization of this Agreement, or the consummation (or preparation for the consummation) of
the transactions contemplated hereby, including all attorneys’ and accountants’ fees, brokerage fees, consultants’ fees and finders’ fees. 

SECTION 3 TRANSACTION CONSIDERATION. 

3.1 Purchase Price. 
 (a)
In consideration for Buyer’s purchase of the Assets and assumption of the Assumed Liabilities, Buyer shall pay to Seller an aggregate amount equal to $10,300,000 in cash (the “Purchase Price”), less the Adjustment Amount. At the
Closing, Buyer shall deliver to the Escrow Agent an amount in cash equal to $1,030,000 (the “Escrow Amount”) to be held and disbursed pursuant to the terms and conditions of the Escrow Agreement (the “Escrow Fund”), which will be
held for the purpose of securing the indemnification obligations of Seller set forth in this Agreement and for the purpose of compensating Buyer and the other Buyer Indemnified Parties for any and all Damages for which they are entitled to
indemnification pursuant to this Agreement. At the Closing, Buyer shall pay to Seller an amount in cash equal to the Purchase Price minus the sum of the Escrow Amount, the Estimated Adjustment Amount and the Estimated Excess Amount (if any). 

  
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 (b) The Purchase Price shall be reduced by an amount (the “Adjustment Amount”) equal to
the actual costs to Buyer following the Closing to complete and ship all unshipped units for pending orders paid as of the Closing Date (“Pending Orders”). Within three (3) Business Days prior to the Closing Date, Seller shall deliver
to Buyer a list of all Pending Orders, together with a good faith estimate of the Adjustment Amount, such amount which shall be reasonably satisfactory to Buyer (the “Estimated Adjustment Amount”). Within 45 days after the Closing, Buyer
will deliver to Seller its calculation of the actual Adjustment Amount with reasonably appropriate supporting documentation as to such costs. Seller shall be entitled to review such determination and supporting documentation and Buyer’s books
and records relating to such costs, solely for the purpose of determining whether Buyer’s determination of the Adjustment Amount reflects Buyer’s actual costs to complete and ship the Pending Orders. 

(c) If the Adjustment Amount as finally determined by Buyer exceeds the Estimated Adjustment Amount, Seller shall pay such difference to Buyer
by wire transfer of immediately available funds to an account or accounts designated by Buyer within five (5) Business Days after the date on which Seller delivers its determination of the Adjustment Amount. If the actual Adjustment Amount is
less than the Estimated Adjustment Amount, Buyer shall pay such difference to Seller by wire transfer of immediately available funds to an account or accounts designated by Seller within five (5) Business Days after the date on which Buyer
delivers notice of the actual Adjustment Amount. 
 (d) The Purchase Price shall also be subject to adjustment as follows: 

(i) At least two Business Days prior to the Closing Date, Seller shall deliver to Buyer an estimated Closing Balance Sheet as
of the Closing Date (the “Estimated Closing Balance Sheet”) and an estimate of the Excess Amount based thereon (the “Estimated Excess Amount”), which shall be reasonably satisfactory to Buyer. Within ten (10) Business Days
after the Closing, the Seller shall deliver to Buyer a balance sheet of the Business, as of the Closing Date (the “Closing Balance Sheet”). If Buyer disagrees with the amounts listed for the Designated Liabilities in the Closing Balance
Sheet, then Buyer shall notify the Seller within forty-five (45) days of its receipt of the Closing Balance Sheet. If Buyer does not so object within forty-five (45) days of its receipt of the Closing Balance Sheet, then the amounts listed
for the Designated Liabilities in the Closing Balance Sheet delivered to Buyer shall be deemed to be the “Final Amounts” and shall be conclusive and binding on the parties. If Buyer so objects within forty-five (45) days of its
receipt of the Closing Balance Sheet, then the parties shall work together for a period of ten (10) Business Days to attempt to resolve the dispute and agree upon the amounts for the Designated Liabilities as of the Closing Date. If the parties
resolve the dispute, then the amounts of the Designated Liabilities as of the Closing Date mutually agreed upon by them in writing shall be deemed to be the “Final Amounts” and shall be conclusive and binding on the parties. If the parties
are unable to resolve the dispute within the ten (10) business day period, the parties shall submit the matter for final resolution to McgLadrey LLP, or such other accounting firm mutually agreed upon by Buyer and Seller (the “Dispute
Auditor”). The Dispute Auditor shall determine the final amounts for the Designated Liabilities, as of the Closing Date, within thirty (30) days after submission of the dispute, and the Dispute Auditor’s determination as to the
amounts of the Designated Liabilities as of the Closing Date shall be deemed to be the “Final Amounts,” and such determination shall be conclusive and binding on the parties. The costs of the Dispute Auditor shall be shared equally by
Buyer and Seller. 

  
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 (ii) The amount by which the sum of the “Final Amounts” determined as
provided in Section 3.1(d)(i), exceeds $731,671.00 shall be the “Excess Amount”. If the Excess Amount exceeds the Estimated Excess Amount, then within ten (10) Business Days after the date of such determination, Seller shall
remit to Buyer the amount by which the Excess Amount exceeds the Estimated Excess Amount. If the Excess Amount is less than the Estimated Excess Amount, then within ten (10) Business Days after the date of such determination, Buyer shall remit
to Seller the difference between the Estimated Excess Amount and the Excess Amount. If the sum of the Final Amounts is less than or equal to $731,671.00, then the Excess Amounts shall be deemed to be $0. 

(iii) For purposes of this Section 3.1(d), the term “Designated Liabilities” shall mean the liabilities of the
Business included under the following line items in the Closing Balance Sheet: accounts payable, Tfund commission payable, PTO accrual, accrued liabilities – general, accrued liabilities – other, allowance for sales returns, and LT portion
of deferred rent, each as calculated in accordance with the methodology used to prepare the Financial Statements. 
 3.2 Escrow. On
the Closing Date, Buyer shall on behalf of Seller deposit the Escrow Amount with the Escrow Agent. The Escrow Fund shall be held by the Escrow Agent under the Escrow Agreement pursuant to the terms of the Escrow Agreement. On the terms and subject
to the conditions set forth in Section 10 and the Escrow Agreement, the Escrow Amount, or any portion thereof then remaining, shall be subject to release to Seller fifteen (15) months after the Closing Date, in each case subject to the
resolutions of any claims for indemnification. The Escrow Fund shall be held as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of any party, and shall be held and
disbursed solely for the purposes and in accordance with the terms of the Escrow Agreement. 
 3.3 Taxes and Tax Reporting. Seller and
Buyer shall each be responsible for, and shall pay, 50% of all applicable sales Taxes, use Taxes, value-added Taxes and other transfer Taxes (including recording Taxes, stamp Taxes and any similar Taxes arising upon the transfer of tangible,
intangible or real property or interests therein) that become due and payable as a result of the sale, transfer and delivery of the Assets. Seller and Buyer shall prepare and timely file all Tax Returns required to be filed in respect of any Taxes
described in this Section 3.3 that are the primary responsibility of such party under any applicable Legal Requirement; provided, however, that such party’s preparation of any such Tax Returns shall be subject to the other’s approval,
which approval shall not be unreasonably withheld or delayed. Each party agrees to cooperate with the other party in the timely completion, execution and filing of any documentation required by any Governmental Authority in connection with any such
Taxes. Seller and Buyer each agree to use their reasonable best efforts to take actions reasonably requested by the other to minimize any sales, use and other transfer taxes and fees incurred in connection with the assignment, conveyance, transfer
and/or delivery of the Assets hereunder, including the acceptance of transfer via means of electronic transmission of all Assets capable of being so transmitted. Buyer further agrees to deliver all certificates reasonably requested by Seller to
verify the fact of such electronic transmissions or other actions. The parties hereto 

  
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agree that for all federal and state tax purposes the consideration received by Seller for the Assets hereof shall be allocated in accordance with Section 1060 of the Code as set forth in
Schedule 3.3 (to be agreed upon by Buyer and Seller prior to Closing) and that all financial reports, and income and other tax returns and information reports, will be prepared and filed in a manner consistent with such allocation and no party
hereto will take any position inconsistent with such allocation in any subsequent returns or proceedings, except as may be required by law. Buyer and Seller each agree to file IRS Form 8594, and any corresponding state tax forms, on a timely basis
and in accordance with Schedule 3.3 as mutually agreed to by Buyer and Seller prior to Closing. 
 3.4 Transition Services Agreement.
On the Closing Date, Buyer and Seller shall enter into a Transition Services Agreement in the form attached hereto as Exhibit B (the “Transition Services Agreement”) pursuant to which Seller will provide certain transition services.

 3.5 Referral Agreement. On the Closing Date, Buyer and Seller shall enter into a Referral Agreement in the form attached hereto as
Exhibit C (the “Referral Agreement”). 
 3.6 Cerreta Profits Interest. On the Closing Date, Buyer shall cause Logo
Sportswear Holdings, LLC, a Delaware limited liability company (“Holdings”) to issue to Patrick Cerreta Class B Units representing a “profits interest” member interest in Holdings as mutually agreed between Buyer and Cerreta, and
Cerreta shall execute and deliver the Limited Liability Company Agreement of Holdings. 
 SECTION 4 CLOSING. 

4.1 Closing. The closing (the “Closing”) shall take place via transmission of
documents electronically on the second (2nd ) Business Day following the date on which the conditions set forth in Section 8 and
Section 9 (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the fulfillment or waiver of those conditions) are satisfied or waived in accordance with this Agreement, or such other date, place
or time as may be agreed upon between the parties; provided, further, that nothing in this Section 4.1 shall effect Buyer’s obligations pursuant to Section 7.1. The day on which the Closing actually occurs is referred to herein as the
“Closing Date”. The Closing shall be deemed to take place at 12:01 a.m. Eastern Time on the Closing Date. 
 4.2 Transfer of
Possession. On the Closing Date, Seller shall place Buyer or one of its Affiliates as designated by Buyer in full possession of the Assets and shall execute such assignments, assumptions and other instruments of transfer, in form and substance
reasonably satisfactory to Buyer, with such other appropriate instruments of title and consents of third parties as Buyer shall reasonably request in order to effectively transfer the Assets to Buyer as designated by Buyer, including (i) one or
more Assignment and Assumption Agreements in substantially the form of Exhibit D attached hereto (the “Assumption Agreement”), (ii) one or more Bills of Sale in substantially the form of Exhibit E attached hereto (the
“Bill of Sale”), and (iii) one or more IP Assignment Agreements in substantially the form of Exhibit F attached hereto (the “IP Assignment Agreement”). The Assets shall be delivered via electronic transmission to the
extent practicable. On the Closing Date, Seller shall make all other Assets available for Buyer or one of its Affiliates as designated by Buyer to take physical possession at 

  
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the Closing. If and to the extent that, from and after the Closing, Seller or Buyer discovers any Assets that should have been conveyed and delivered to Buyer at the Closing pursuant hereto but
were not so conveyed and delivered at the Closing, Seller shall convey and deliver such Assets to Buyer or one of its Affiliates as designated by Buyer as soon as reasonably practicable after the discovery thereof, in each case at Seller’s
expense and without additional consideration paid therefor. 
 SECTION 5 REPRESENTATIONS AND WARRANTIES OF SELLER. 

Except as set forth in the Seller Disclosure Schedule with respect to specifically identified subsections of this Section 5, as an
inducement to Buyer to enter into this Agreement and to consummate the transactions contemplated hereby, Seller represents and warrants to Buyer as follows: 

5.1 Organization, Good Standing, Corporate Power and Qualification. Seller has been duly organized, and is validly existing and in good
standing under the laws of the State of Delaware and has the requisite power and authority to enter into and perform this Agreement, and the Related Agreements to which Seller is or is to be a party, to own and operate its properties and assets and
to carry on its business as currently conducted. 
 5.2 Due Authorization, Binding Effect. All action on the part of Seller or its
stockholders, if any, necessary for the authorization, execution, delivery of, and the performance of all obligations of Seller under this Agreement and the Related Agreements to which Seller is or is to be a party has been taken. This Agreement,
along with the Related Agreements, when executed and delivered by Buyer, will constitute valid and legally binding obligations of Seller, as the case may be, enforceable in accordance with their respective terms, except as may be limited by:
(i) applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application relating to or affecting the enforcement of creditors’ rights generally or (ii) the effect of rules of law governing the
availability and enforceability of equitable remedies. 
 5.3 No Conflicts. The execution, delivery and performance of this Agreement,
the Related Agreements to which Seller is or is to be a party and the consummation of the transactions contemplated hereby or thereby do not and will not (i) conflict with or result in any violation or default under Seller’s certificate of
incorporation or bylaws, as amended to-date, (ii) violate any Legal Requirement to which Seller is subject; or (iii) conflict with or result in a violation or breach of, with or without the passage of time or the giving of notice or both,
or give any party the right to terminate, accelerate or modify, or require the consent of any Person under, any Contract to which Seller is a party, except, in the case of (ii), any violation which would not reasonably be expected to have a Material
Adverse Effect and except in the case of (iii), (a) as to Contracts not included in the Assigned Contracts, any violation or breach that would not prevent Seller from performing its obligations under this Agreement or any Related Agreement to
which Seller is a party or consummating the transactions contemplated hereby or thereby and (b) as to the Assigned Contracts, any violation or breach which would not be material to the Business following the Closing. 

  
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 5.4 Governmental Consents. No consent, approval, order or authorization of, or
registration, qualification, designation, notice, declaration or filing with, any Governmental Authority is required on the part of Seller in order to enable Seller to execute, deliver and perform its obligations under this Agreement or the Related
Agreements to which Seller is a party, or to consummate any of the transactions contemplated by the Agreement or the Related Agreements to which it is a party. 

5.5 Litigation. There is no action, suit, proceeding, claim, arbitration or investigation pending (or, to Seller’s knowledge,
currently threatened) against Seller with respect to the Business or the Assets before any Governmental Authority or any arbitral body and no such proceeding has existed with respect to the Business in the past two (2). Seller is not a party or
subject to the provisions of any Legal Requirement that would prevent or materially interfere with or delay the consummation of the transactions contemplated by this Agreement or the Related Agreements. There is no action, suit, proceeding, claim,
arbitration or investigation by Seller or any of its Affiliates related to the Business or the Assets that is pending or which Seller or any of its Affiliates intends to initiate. None of the Assets is subject to any order, writ, judgment, award,
injunction or decree of any Governmental Authority of competent jurisdiction or any arbitrator or arbitrators. 
 5.6 Intellectual
Property. 
 (a) Ownership; Status. None of the Intellectual Property Assets are the subject of any outstanding
judgment, order, decree, agreement or ruling that would adversely affect or limit Buyer’s use thereof or rights thereto. Seller solely owns the entire right, title and interest, and good and marketable title to the Intellectual Property Assets,
free and clear of any Encumbrance. No Person has any ownership right, title, interest, claim in or Encumbrance on any of the Intellectual Property Assets. Seller has taken those steps reasonably necessary to preserve Seller’s legal rights in,
and value of, the Intellectual Property Assets. The Intellectual Property Assets and Intellectual Property Licenses include all of the Seller’s Intellectual Property necessary and sufficient for the operation of the Business as currently
conducted. To Seller’s knowledge, all of the Intellectual Property Assets are valid and enforceable in accordance with applicable law. Section 5.6(a) of the Seller Disclosure Schedule sets forth a complete and correct list of (i) all
Intellectual Property Registrations (including the jurisdiction, title or Trademark, application number, application date, patent or registration number, registration date and status) and (ii) all unregistered Trademarks used by the Business.

 (b) Licenses; Other Agreements. Section 5.6(b) of the Seller Disclosure Schedule sets forth (i) all
options, licenses or agreements or other Contracts under which Seller has granted a license to any Person under any of the Intellectual Property Assets, (ii) all covenants not to compete or Contracts limiting Seller’s ability to exploit
fully the Intellectual Property Assets or to transact the Business in any market or geographical area or with any Person, and (iii) each item or component of Intellectual Property that is licensed to Seller by any Person which is used in
connection with the Business as currently conducted, except for “shrink-wrap” or “click-wrap” license agreements relating to off-the-shelf computer software licensed in the ordinary course of business. Seller has the right to
assign to Buyer all right, title and interest Seller has under the agreements listed or required to be listed on Section 5.6(b) of the Seller Disclosure Schedule without obtaining the prior consent of any Person. Except as set forth on
Section 5.6(b) of the Seller Disclosure Schedule, the Intellectual Property Assets are not subject to any Intellectual Property Licenses. 

  
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 (c) No Infringement. Seller has not received any (i) written or to
Seller’s knowledge, oral communications alleging that Seller’s operation of the Business has violated, misappropriated or infringed or, would violate, misappropriate or infringe any Intellectual Property of any Person or (ii) cease
and desist letters or invitations to enter into a license under the Intellectual Property of any Person, in each case, in connection with Seller’s operation of the Business. To the Seller’s knowledge, the conduct of the Business does not
infringe, misappropriate or otherwise violate the Intellectual Property of any Person. To the Seller’s knowledge, none of the Intellectual Property Assets are being infringed, misappropriated or otherwise violated by any Person. 

(d) No Breach by Employee. To Seller’s knowledge, no Transferred Employee or consultant to Seller or its
subsidiaries who work with the Business (collectively, with Transferred Employees, “Service Providers”) is obligated under any agreement (including licenses, covenants, or commitments of any nature) or subject to any judgment, decree or
order of any Governmental Authority, or any other restriction that would interfere with the use of his or her reasonable best efforts to carry out his or her duties for Seller or to promote the interests of Seller or that would prevent such
employees or consultants from assigning to Seller inventions and all other Intellectual Property created, developed, conceived or reduced to practice in connection with services rendered to Seller. To the Seller’s knowledge, none of the past or
present employees, officers or directors of the Seller or any other Person has any rights in the Intellectual Property Assets. 

(e) No Impairment. Following the Closing, all of the Intellectual Property Assets and Intellectual Property Licenses
shall be owned or available for use by Buyer on terms and conditions identical to those on which the Seller owned or used such Intellectual Property Assets and Intellectual Property Licenses immediately prior to Closing. 

5.7 Compliance with Contracts and Legal Requirements. Seller’s ownership and use of the Assets and conduct of the Business is not
in violation or default, in any material respect, of any Contract to which Seller or any of its Affiliates is a party or by which Seller or any of its Affiliates is bound, and Seller’s ownership and use of the Assets and conduct of the Business
is and has been in compliance in all material respects with all applicable Legal Requirements. Notwithstanding the foregoing, the representations and warranties in this Section 5.7 shall not be deemed to cover, refer or relate to matters with
respect to (a) Intellectual Property, which are addressed solely in Section 5.6, (b) employee matters, which are addressed solely in Section 5.11, (c) Taxes, which are addressed solely in Section 5.12 or
(d) environmental matters, which are addressed solely in Section 5.14. Seller and its Affiliates have not received any written notice, or, to Seller’s knowledge any oral notice, of any breach or violation of any such Contract or Legal
Requirement which has not been remedied prior to the date hereof. 

  
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 5.8 Assets Generally. 

(a) Except as otherwise expressly provided in this Agreement, Seller makes no representations or warranties whatsoever to Buyer
or any other Person, express, implied, statutory or otherwise, concerning the Assets, the Assumed Liabilities, the Business or any other matter, including, but not limited to, any representation or warranty as to value, quality, quantity, condition,
merchantability, design, suitability, usability, salability, obsolescence, working order, compliance with law, validity or enforceability. BUYER SPECIFICALLY ACKNOWLEDGES THAT NO WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE ARE
MADE OR SHOULD BE IMPLIED IN THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. 
 (b) The Assets to be transferred hereunder
(together with services to be provided pursuant to the Transition Services Agreement) constitute all the assets, properties and rights of Seller necessary to operate the Business as currently being operated. 

(c) Seller owns outright and has good and marketable title to, or a valid leasehold interest in, or a valid right to use, all
of the Assets conveyed by it free and clear of all Encumbrances, except for Permitted Encumbrances. On the Closing Date, Seller will transfer to Buyer good and marketable title to, or a valid leasehold interest in, the Assets, free and clear of all
Encumbrances. The representations and warranties in this Section 5.8(c) do not apply to the Intellectual Property Assets, which are covered in Section 5.6. 

(d) All of the tangible personal property included in the Assets, in each case with a value in excess of $10,000, has been, to
Seller’s knowledge, properly maintained and is adequate and suitable for the purposes for which it is presently being used and is in good operating condition, ordinary wear and tear excepted. 

5.9 Contracts. 

(a) Except for the Assigned Contracts, there are no Contracts to which Seller is a party or by which it is bound, that,
individually or in the aggregate, are material to the Business or the Assets. The Seller is not in material breach of or in default under any Assigned Contract, and no event has occurred or condition exists that with the passage of time or giving of
notice or both would constitute such a breach or default, result in a loss of a material right, require the payment of any damages or penalties or result in the creation of an Encumbrance thereunder or pursuant thereto. The Seller has not received
written notice from any Person party to any Assigned Contract regarding the termination, cancellation or material change to the terms of, any Assigned Contract. 

(b) True and complete copies of all of the Assigned Contracts have been delivered or made available to Buyer and all Assigned
Contracts are valid, subsisting agreements, in full force and effect and binding upon the Seller and, to Seller’s knowledge, the other parties thereto in accordance with their terms. 

  
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 5.10 Governmental Authorizations. Section 5.10 of the Seller Disclosure Schedule
identifies each Governmental Authorization held by Seller that is primarily related to the Business or the Assets, and Seller has delivered to Buyer accurate and complete copies of all such Governmental Authorizations. The Governmental
Authorizations identified in Section 5.10 of the Seller Disclosure Schedule are valid and in full force and effect and will continue to be, immediately following consummation of the Transactions, without modification, and collectively
constitute all Governmental Authorizations necessary for the conduct of the Business and the use of the Assets as they are currently being used. Seller and its Affiliates are, and have at all times been, in substantial compliance with the terms and
requirements of the respective Governmental Authorizations identified in Section 5.10 of the Seller Disclosure Schedule. Seller and its Affiliates have not received any written notice or other written communication from any Governmental
Authority regarding (a) any actual or possible violation of or failure to comply with any term or requirement of any Governmental Authorization related to the Assets or the Business or (b) any actual or possible revocation, withdrawal,
suspension or modification of any Governmental Authorization related to the Assets or the Business. 
 5.11 Employee Matters. 

(a) Seller will have paid all compensation (including wages, commissions, bonuses and benefits) payable to or on behalf of the
Target Employees that is required to be paid on or prior to the Closing Date. 
 (b) There are no agreements, understandings
or commitments, written or oral, of Seller to any Service Provider with respect to any compensation, severance obligations, change in control benefits, employee benefits (other than non-material fringe benefits), commissions or bonuses. 

(c) Section 5.11(c) of the Seller Disclosure Schedule sets forth a true and complete list of all Employee Plans. Seller
has made available to Buyer true and complete copies of all plan documents and insurance contracts (including all amendments thereto) that embody or relate to the Employee Plans which have been requested by Buyer. 

(d) No Target Employee performs services outside of the United States. 

(e) Each Target Employee is (i) a United States citizen, (ii) a lawful permanent resident of the United States, or
(iii) an alien authorized to work in the United States either specifically for Seller or for any United States employer. Seller is in compliance in all material respects with applicable immigration Legal Requirements, has completed a Form I-9
(Employment Eligibility Verification) for each Target Employee and each such Form I-9 has since been updated as required by applicable Legal Requirements and is correct and complete as of the date hereof. 

(f) The establishment, maintenance and operation of all Employee Plans has complied in all material respects, in form and
operation, with the terms of all applicable plan documents and with the terms of ERISA, the Code and other applicable Legal Requirements. Neither Seller nor any of its parents, subsidiaries or any other Person that,

  
 20 

 
together with Seller or its Affiliates, would be treated as a single employer under Section 414 of the Code or under Section 4001(b) of ERISA, has ever contributed to or otherwise had
any liability with respect to any “employee benefit plan” (as defined in Section 3(3) of ERISA) that (i) is subject to Title IV of ERISA or Section 412 of the Code, or (ii) provides life insurance, medical or other
health and welfare benefits upon retirement or termination of employment for any reason, except as may be required by COBRA, or (iii) is a “multiemployer plan” (within the meaning of Sections 3(37) or 4001(a)(3) of ERISA). 

(g) Section 5.11(g)(i) of the Seller Disclosure Schedule sets forth the policy of Seller with respect to PTO Accrual and
the amount of such liabilities as of January 31, 2015 for each of the Target Employees. As of the Closing, the Closing PTO Amount Schedule will set forth an accurate and complete list of the amount of PTO Accrual for each of the Target
Employees. At Closing, Seller will deliver to Buyer a complete and accurate list of each Target Employee’s: (i) employee identification number, (ii) employment location, (iii) date of hire, (iv) current title,
(v) current annual salary, (vi) current bonus and/or commission potential, including amounts earned but unpaid as of the date hereof, (vii) classification by Seller as exempt or non-exempt, (viii) outstanding equity awards under
any Employee Plan, (ix) any wage or salary increase or bonus payments made after December 31, 2013 for any salaried employee with a base salary of $35,000 or more, and (x) any commitment to pay an amount or benefit in connection with
a termination of employment (contingent or otherwise) or in connection with a change of control. 
 (h) Seller has properly
classified Target Employees pursuant to the requirements of the Fair Labor Standards Act. Seller has properly classified, pursuant to the Code any other applicable law, all Service Providers that are treated as independent contractors. There are no
actions, suits, claims, labor disputes or grievances pending, or, to the knowledge of Seller, threatened or anticipated involving any Target Employee or involving any Service Provider and relating to the Business. Neither Seller nor any of its
Affiliates has engaged in any unfair labor practices within the meaning of the National Labor Relations Act. To the knowledge of Seller, no Service Provider is obligated under any contract or agreement, subject to any judgment, decree or order of
any court or administrative agency that would interfere with such person’s efforts to promote the interests of Seller or that would interfere with the Assets. Neither the execution nor delivery of this Agreement will conflict with or result in
a breach of the terms, conditions or provisions of, or constitute a default under, any contract or agreement to which Seller is a party and under which any Target Employee is now bound. 

(i) Seller is not a party nor is bound by any collective bargaining agreement or other labor union contract (including any
contract or agreement with any works council, trade union, or other labor-relations entity) with respect to any Target Employee, Seller has not been subject to or bound by any such collective bargaining agreement or other union contract at any time
during the two (2) years prior to the date of this Agreement, and no such collective bargaining agreement or other union contract is being negotiated by Seller. To the knowledge of Seller, as of the date hereof, none of the

  
 21 

 
Service Providers is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreements relating to, affecting or in conflict with the present or proposed
activities of the Assets, except for agreements between Seller or any of its Affiliates and their present and former employees, consultants and contractors. 

5.12 Taxes. 

(a) For purposes of this Agreement, (i) the term “Tax” or “Taxes” means any federal, state, local or
foreign income, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental (including taxes under Section 59A of the Code), customs duties, capital stock, franchise, profits,
withholding, social security, unemployment, disability, real property, personal property, sales, use, transfer, registration, value added, alternative or add on minimum, estimated or other tax of any kind whatsoever, including any interest, penalty
or addition thereto, whether disputed or not, and (ii) the term “Tax Return” means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto,
and including any amendment thereof. 
 (b) Seller has timely filed all Tax Returns that it was required to file. All such
Tax Returns were correct and complete in all respects and were prepared in compliance with all applicable Legal Requirements. All Taxes owed by Seller (whether or not shown or required to be shown on any Tax Return) have been paid. Seller is not the
beneficiary of any extension of time within which to file any Tax Return. No claim has ever been made by a Governmental Authority in a jurisdiction where Seller does not file Tax Returns that Seller is or may be subject to taxation by that
jurisdiction. There are no audits, examinations, investigations, disputes, claims or other actions now pending or, to Seller’s knowledge, threatened with respect to any liability for Taxes of Seller. No material deficiencies exist or have been
asserted with respect to Taxes of Seller. 
 (c) Seller’s Tax obligations will not result in the inability to materially
consummate the transactions contemplated in this Agreement. 
 (d) Seller has not waived any statute of limitations in
respect of Taxes or agreed to any extension of time with respect to a Tax assessment or deficiency, and there are no outstanding requests to extend the statutory period of limitations applicable to the assessment or collection of any Taxes or
deficiencies against Seller. 
 (e) There is no agreement, contract, arrangement or plan to which Seller or any of its
Affiliates has any outstanding obligations (conditional or otherwise) covering any Service Provider that has resulted, or could provide for a “deferral of compensation” (subject to Section 409A of the Code (or any similar provision of
state law). 
 (f) Seller has complied with all applicable Legal Requirements relating to the withholding of Taxes and has
timely collected or withheld and paid over to the proper Governmental Authority all amounts required to be so collected or withheld and paid over for all periods up to (but not including) the Closing Date under all applicable Legal Requirements, and
all Forms W-2 and 1099 required with respect thereto have been properly completed and timely filed. 

  
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 (g) There are no Liens for Taxes (other than Permitted Encumbrances) upon the
Assets. 
 5.13 Material Relationships. No supplier to, or distributor of or customer of the Business has notified Seller in writing
of an intention to terminate or materially adversely change its existing business relationship with Seller and Seller has no reason to believe that such termination or alteration of the relationship with Seller is likely to occur. To the knowledge
of Seller, no such supplier, distributor or customer is threatened with bankruptcy or insolvency. 
 5.14 Environmental Matters. 

Except as would not have a Material Adverse Effect on the Business, with respect to any facilities or properties that are used primarily for
the Business: 
 (a) Seller is and has at all times been in compliance with all Environmental Laws and all Environmental
Permits, and any prior noncompliance by Seller with Environmental Laws or Environmental Permits has been resolved without any pending, ongoing or potential future Liability. 

(b) Seller has not owned or operated any underground or aboveground storage tanks or any surface impoundments, septic tanks,
pits, sumps or lagoons. 
 (c) Except as in compliance in all material respects with Environmental Laws and in connection
with the Business, neither Seller nor, to Seller’s knowledge, any other Person has released, stored, treated, generated, used, sold, disposed of, arranged for or permitted the disposal of, handled, exposed any Person to, labeled or failed to
label properly, or transported any Hazardous Substance, or owned or operated any property or facility which is or has been contaminated by any Hazardous Substance, so as to give rise to any Liabilities of Seller. 

(d) No property currently or formerly owned or operated by Seller and primarily used for the Business is listed or has been
proposed for listing on the National Priorities List or the Comprehensive Environmental Response, Compensation and Liability Information System under CERCLA or any similar or analogous list established or maintained by any Governmental Authority.

 (e) Seller has not received any claims for, or other notice of, Liability under Environmental Laws relating to, pending or
threatened against Seller. 
 (f) Seller has not assumed any Liabilities under Environmental Laws of any other Person. 

(g) There are no facts, circumstances or conditions relating to the facilities, properties or operations of the Business that
have given or could reasonably be expected to give rise to any Liabilities under Environmental Laws. 

  
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 (h) Section 5.14(h) of the Seller Disclosure Schedules sets forth a list of
all Environmental Permits used or held for use by the Business. All Environmental Permits currently required in connection with the operation of the Business in accordance with Environmental Laws are in full force and effect. 

(i) Seller has provided to Buyer true and correct copies of all environmental audits, assessments, and reports and all other
documents pertaining to environmental, health and safety matters relating to the past or present facilities, properties or operations of the Business, in each case which are in its possession or under its reasonable control.] 

5.15 Real Estate. Seller does not and has never owned any real property used primarily for the Business. Schedule 5.15 sets forth a
correct and complete list and summary description of all leases, subleases or other Contracts under which Seller is a lessor, lessee, sub-lessor, or sub-lessee of or otherwise uses or occupies any real property used primarily for the Business
(collectively, the “Real Property Leases”) including the address of each parcel of real property held pursuant to the Real Property Leases (the “Leased Real Property”). True and complete copies of all Real Property Leases and all
amendments, extensions, renewals, guaranties and other agreements with respect thereto have been delivered or made available to Buyer. There are no parties other than Seller or the applicable fee owner of the Leased Real Property that are in
possession of any Leased Real Property or the improvements thereon or any portion or portions thereof. No Representative or Affiliate of Seller owns directly or indirectly, any interest in or has any right to occupy or use any Leased Real Property,
building or other structure used or occupied by Seller. There are no pending or, to the Seller’s knowledge, proposed eminent domain or condemnation proceedings with respect to any of the Leased Real Property by any Governmental Authority. Prior
to the Closing Date, Seller shall use commercially reasonable efforts to obtain all required approvals or consents required under each Real Property Lease in connection with Closing hereunder, and the assignment of the Real Property Leases to Buyer
at Closing hereunder shall not constitute a default under any Real Property Lease. Seller does not owe any brokerage commissions or finder’s fees with respect to any Real Property Lease and no brokerage commission or finder’s fee will be
payable with respect to the exercise of any renewal or extension of the term of any Real Property Lease. To Seller’s knowledge, each parcel of Leased Real Property and all of the buildings thereon, including the structural components of such
buildings (including roofing, walls and floors), fixtures and other material improvements owned or leased by Seller, and all heating and air conditioning, plumbing, electrical and other mechanical facilities and equipment, are in good operating
condition and repair (subject to ordinary wear and tear). To Seller’s knowledge, all buildings located on the Leased Real Property are supplied with utilities and other services required by Legal Requirements or necessary for the current
operation of such facilities, and no written notice has been received by Seller regarding the termination or material impairment of any such service. Each parcel of Leased Real Property abuts on and has direct vehicular access to a public road, or
has legal and practical access to a public road via an easement benefiting such Leased Real Property. 
 5.16 No Material Adverse
Effect. Since December 31, 2014, there has not been any Material Adverse Effect. 
 5.17 Financial Statements. 

  
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 (a) Attached to the Seller Disclosure Schedules are the unaudited financial
statements of the Business for the year ended December 31, 2014 (the “Financial Statements”), prepared internally by Seller and including the balance sheet and statement of income and retained earnings, as of such date and for the
period then ending. The Financial Statements (i) were prepared and maintained in accordance with GAAP, applied on a consistent basis, and (ii) fairly present the financial condition of the Business as of the date thereof and the results of
operations and cash flow of the Business for the period indicated; provided, however, that the Financial Statements are subject to normal year-end audit adjustments and lack footnotes and other presentation items (none of the foregoing of which will
be material individually or in the aggregate or if presented would differ materially from those presented in the Financial Statements). 

(b) Seller maintains accurate books and records reflecting the assets and liabilities of the Business and maintains proper and
adequate internal accounting controls with respect to the Business. The Financial Statements do not contain any material, non-recurring items, except as expressly set forth therein. There are no transactions of a nature material to the Business,
individually or in the aggregate, that have not been properly recorded in the accounting records underlying the Financial Statements. 

5.18 Undisclosed Liabilities. Seller has no direct or indirect material indebtedness or other material Liability with respect to the
Business, which are not fully and adequately reflected or reserved against in the Financial Statements, except those (a) arising since the date of the Financial Statements in the Ordinary Course, (b) disclosed in the Seller Disclosure
Schedule, and (c) that do not have a Material Adverse Effect on the Assets or the Business. 
 5.19 Accounts Receivable. All
accounts receivable of Seller relating to the Business have arisen from bona fide transactions in the Ordinary Course, are enforceable and represent valid obligations to Seller. To the Seller’s knowledge, there is no contest, claim or right of
set-off relating to the amount or validity of any such accounts receivable. Since the date of the Financial Statements, collection of the accounts receivable of Seller relating to the Business through the date hereof has been and is consistent with
the past business practices of Seller in regard to the Business. 
 5.20 Operations of Seller. Except as expressly contemplated by
this Agreement, since December 31, 2013, Seller has not, with respect to the Business: 
 (a) changed, or agreed to
change, in any material manner the character of the Business; 
 (b) waived, or agreed to waive, any right of material value
relating to the Business; 
 (c) except in the Ordinary Course, changed, or agreed to change, or take any action inconsistent
with, any of its business policies or practices, including collecting receivables, paying payables, advertising, marketing, pricing, purchasing, sales, returns, budget or product acquisition policies or practices or any accounting policies or
practices pertaining primarily to the Business, including accruals of receivables, accrual of expenses, establishment of reserves or inventory control; 

  
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 (d) sold (other than products sold in the Ordinary Course), abandoned, licensed,
leased (as lessor or lessee), encumbered or caused to be encumbered or made any other disposition of any of its material assets or properties relating to the Business (whether tangible or intangible); 

(e) except in the Ordinary Course or in amounts less than $100,000 in the aggregate, incurred or assumed, or agreed to incur or
assume, any Liability (whether or not currently due and payable) included in the Assumed Liabilities; 
 (f) except for
equipment or inventory acquired in the Ordinary Course, made any acquisition of all or any part of the assets, properties, capital stock or business of any other Person or made any commitments to do any of the foregoing, in each case in relation to
the Business; 
 (g) entered into any Assigned Contract not in the Ordinary Course; 

(h) operated the Business other than in the Ordinary Course, including the collection of vendor rebates and prepayment of
expenses; 
 (i) terminated or agreed to terminate, or failed to renew, or received any written threat (that was not
subsequently withdrawn) to terminate or fail to renew, any Contract that is or was material to the assets, properties, operations or condition (financial or otherwise) of the Business; 

(j) suffered or incurred any damage, destruction or loss (whether or not covered by insurance) materially adversely affecting
the assets, properties, operations, condition (financial or otherwise) or prospects of the Business; 
 (k) violated,
breached or defaulted under in any material respect, or take or fail to take any action that would constitute a material violation or breach of, or default under, any Contract to which Seller is a party pertaining primarily to the Business; or 

(l) authorized, or committed or agreed to take, any of the foregoing actions. 

SECTION 6 REPRESENTATIONS AND WARRANTIES OF BUYER. 

Buyer represents and warrants to Seller as follows: 

6.1 Organization, Good Standing, Corporate Power and Qualification. Buyer has been duly incorporated and organized, and is validly
existing and in good standing, under the laws of the state of Delaware. Buyer has the requisite corporate power and authority to enter into and perform this Agreement, and the Related Agreements to which Buyer is or is to be a party, to own and
operate its properties and assets and to carry on its business as currently conducted. 

  
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 6.2 Due Authorization, Binding Effect. All corporate action on the part of Buyer necessary
for the authorization, execution, delivery of and the performance of all obligations of Buyer under this Agreement and the Related Agreements to which Buyer is or is to be a party has been taken. This Agreement, along with the Related Agreements to
which Buyer is a party, when executed and delivered by Seller will constitute valid and legally binding obligations of Buyer, enforceable in accordance with their respective terms, except as may be limited by (i) applicable bankruptcy,
insolvency, reorganization, moratorium or others laws of general application relating to or affecting the enforcement of creditors’ rights generally or (ii) the effect of rules of law governing the availability or enforceability of
equitable remedies. 
 6.3 No Conflicts. The execution, delivery and performance of this Agreement, the Related Agreements to which
Buyer is or is to be a party and the consummation of the transactions contemplated hereby or thereby do not and will not (i) conflict with or result in any violation or default under Buyer’s certificate of incorporation or bylaws, as
amended to-date, (ii) violate any Legal Requirement to which Buyer is subject; or (iii) conflict with or result in a violation or breach of, with or without the passage of time or the giving of notice or both, or give any party the right
to terminate, accelerate or modify, or require the consent of any Person under, any Contract to which Buyer is a party, except in the case of (iii), any violation or breach that would not prevent Buyer from performing its obligations under this
Agreement or any Related Agreement to which Buyer is a party or consummating the transactions contemplated hereby or thereby. 
 6.4
Governmental Consents. No consent, approval, order or authorization of, or registration, qualification, designation, notice, declaration or filing with, any Governmental Authority is required on the part of Buyer in order to enable Buyer to
execute, deliver and perform its obligations under this Agreement or the Related Agreements to which Buyer is or is to be a party, or to consummate any of the transactions contemplated by the Agreement or the Related Agreements to which Buyer is or
is to be a party. 
 6.5 Litigation. There is no action, suit, proceeding, claim, arbitration or investigation pending (or, to
Buyer’s knowledge, currently threatened) against Buyer before any Governmental Authority that would prevent or materially interfere with or delay the consummation of the transactions contemplated by the Agreement or the Related Agreements to
which Buyer is or is to be a party. To Buyer’s knowledge, Buyer is not a party or subject to the provisions of any Legal Requirement that would prevent or materially interfere with or delay the consummation of the transactions contemplated by
the Agreement or the Related Agreements to which Buyer is or is to be a party. 
 6.6 No Finder’s Fees. There is no investment
banker, broker, finder or other intermediary that has been retained by or is authorized to act on behalf of Buyer or any of its Affiliates who might be entitled to any fee or commission from Buyer in connection with the transactions contemplated
hereby. 
 6.7 Absence of Changes. Since February 3, 2015, there has not occurred any change, event or condition that,
individually or in the aggregate with any other changes, events and conditions, has resulted in or would reasonably be expected to result in a material adverse effect on Buyer. 

  
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 6.8 Financing. Buyer will have available to it at Closing, sufficient funds to pay in full
the Purchase Price. 
 SECTION 7 COVENANTS. 

7.1 Conveyance of Assets. 

(a) At or prior to the Closing, Seller shall execute any deeds, bills of sale, instruments of conveyance, assignments,
assurances or any other actions or things as are necessary to transfer, vest, perfect or confirm right, title, interest or ownership (of record or otherwise) of the Assets, including Seller’s rights in the Intellectual Property Assets, as
reasonably requested by Buyer. 
 (b) If at any time after the Closing, Buyer or one of its Affiliates as designated by Buyer
is advised that any additional deeds, bills of sale, instruments of conveyance, assignments, assurances or any other actions or things are reasonably necessary to vest, perfect or confirm Buyer’s or one of its Affiliate’s as designated by
Buyer ownership (of record or otherwise), right, title or interest in, to or under any or all of the Assets or otherwise to carry out the intent of this Agreement, Seller shall, at its expense (but subject to Section 3.3), execute and deliver
all deeds, bills of sale, instruments of conveyance, assignments and assurances and take and do all such other actions and things as may be reasonably requested by Buyer in order to vest, perfect or confirm any and all right, title and interest in,
to and under such rights, properties or assets in Buyer or one of its Affiliates as designated by Buyer or otherwise to carry out this Agreement. 

(c) In case after the Closing Date any further action is reasonably necessary, proper or advisable to consummate and make
effective the transactions contemplated by this Agreement, as soon as reasonably practicable, each party hereto shall take, or cause its officers or directors or Affiliates to take, all such reasonably necessary, proper or advisable actions. 

(d) After the Closing Date, Seller shall cooperate with Buyer, its Affiliates and their successors and assigns in the
prosecution and maintenance of the Intellectual Property Assets, including by promptly (i) disclosing relevant facts and delivering instruments and other documents reasonably requested by Buyer or its successors or assigns, and
(ii) providing technical consultations reasonably requested by Buyer or its successors or assigns, including taking reasonable best efforts to make the relevant inventors and counsel that were involved in prosecution of any Intellectual
Property Assets available and accessible to Buyer or its successors or assigns. All such assistance will be provided by Seller without the payment of additional compensation, except that the inventors will be paid and reimbursed by Buyer for time
expended and reasonable travel and subsistence expenses incurred in performing such technical consultations requested by Buyer or its successors or assigns, such expenses to be approved in advance by Buyer or its successors or assigns. Seller and
its Affiliates hereby appoint Buyer as its and their attorney in fact, and hereby authorize Buyer to execute a power of attorney form on its and their behalf for use in any jurisdiction in which Buyer may wish to have the assignment of the
Intellectual Property Assets, sufficient in scope for Buyer to have such assignment registered with the applicable Governmental Authority or domain name registrar. 

  
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 7.2 Employee Matters. 

(a) Buyer shall, or Buyer shall cause one of its Affiliates to, extend offers of employment to Seller’s employees set
forth on Schedule 7.2(a) (the “Target Employees”) (and such offers to Target Employees, the “Transfer Offers”), subject to such reasonable conditions of employment as Buyer may impose, that, if accepted, shall become effective on
the Closing Date or, if a Target Employee is on disability, family leave, sick leave or other approved leave of absence (other than vacation leave) on the Closing Date, on such Target Employee’s ability to return to active service (such
effective date of the Transfer Offer for each Target Employee referred to hereinafter as the “Employment Commencement Date”). At least two (2) Business Days prior to the Closing, Seller shall provide Buyer with a list of all Target
Employees on disability, family leave, sick leave or other approved leave of absence (other than vacation leave) as of the Closing Date. Seller and the officers of Seller shall use commercially reasonable efforts to encourage Target Employees to
accept the Transfer Offers. The Transfer Offers shall set forth the proposed terms of employment for the Target Employees, including salary, incentive compensation opportunities and benefits, with base salary no less than what is paid to such Target
Employee by Seller as of the date hereof. Employment pursuant to a Transfer Offer shall be contingent, among other requirements stated in the Transfer Offer, upon such Target Employee remaining continuously employed by Seller until the end of the
day prior to the Closing. Target Employees who commence employment with Buyer or an Affiliate of Buyer pursuant to a Transfer Offer shall be referred to herein as “Transferred Employees.” Nothing in this Section 7.2 or elsewhere in
this Agreement shall be construed to create a right in any Target Employee, or in any other employee of Seller, to employment with Buyer or any Affiliate of Buyer. All compensation, including base salary or wages, commissions, bonuses and benefits
payable by Seller to or on behalf of the Transferred Employees which is required to be paid on or before such Transferred Employee’s Employment Commencement Date, shall be vested and paid or otherwise discharged in full by Seller on or prior to
such Transferred Employee’s Employment Commencement Date. Each Transferred Employee shall cease all active participation in and accrual of benefits under the Employee Plans as of the day immediately preceding such Transferred Employee’s
Employment Commencement Date. 
 (b) Effective as of the end of the day prior to the applicable Employment Commencement Date,
Seller shall terminate the employment of all Transferred Employees. Seller agrees that Buyer shall not be responsible for any severance or other obligations to any Employees, whether or not they are Transferred Employees, related to such
Employees’ employment by Seller prior to the Employee’s respective Employment Commencement Date, and that Seller shall be solely responsible for any such obligations. Seller shall retain all Liability for salary, wages, accrued bonuses,
accrued, but unused PTO Accrual, and any other Liabilities arising with respect to all Employees (including the Transferred Employees) before the Employment Commencement Date; 

  
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provided, however, Buyer shall, or Buyer shall cause one of its Affiliates to, assume all Liability for the payout of all unused PTO Accrual (excluding any interest, waiting time payments and the
like) set forth on the Closing PTO Amount Schedule that is for the benefit of Transferred Employees. Buyer’s Transfer Offer shall include a consent from each Transferred Employee to Buyer’s or its Affiliates’ assumption of the unused
PTO Accrual set forth on the Closing PTO Amount Schedule. 
 (c) At least two (2) Business Days prior to the Closing,
Seller shall deliver to Buyer a true and accurate schedule setting forth the amount of all PTO Accrual through and as of the Closing Date for each of the Employees who have received a Transfer Offer and have not, prior to such date, rejected such
Transfer Offer (the “Closing PTO Amount Schedule”). 
 (d) Seller shall retain and perform all Liabilities and
maintain all insurance under COBRA with respect to Employees (including the Transferred Employees) and their covered dependents; provided, that Buyer shall, or Buyer shall cause one of its Affiliates to, comply with COBRA with respect to Transferred
Employees that become covered by any group health insurance plan of Buyer or one of its Affiliates. Buyer or an Affiliate of Buyer shall be solely responsible for all Liability for salary, wages, bonuses, accrued, but unused vacation pay and any
other Liabilities arising with respect to the performance of services by all Transferred Employees on or after each Transferred Employee’s applicable Employment Commencement Date. 

(e) Buyer and its Affiliates shall not assume sponsorship or any responsibilities under any Employee Plans. Seller shall retain
all Liabilities and obligations of Seller and its Affiliates under its Employee Plans and any Employee Agreements. As of the applicable Employment Commencement Date, each Transferred Employee will be eligible to participate in Buyer’s or one of
its Affiliates’ employee benefit plans and programs which are generally applicable to Buyer’s or its Affiliates’ similarly situated employees, in accordance with the terms and conditions of such plans. Each Transferred Employee shall
be given credit for the corresponding service recognized by Seller prior to the date he or she terminates employment with Seller for purposes of participation eligibility, vesting and benefit eligibility under Buyer’s or its Affiliates’
employee benefit plans and programs, whether in effect on the Closing Date or subsequently established by Buyer or its Affiliates; provided, that the foregoing shall not apply to the extent that its application would result in a duplication of
benefits with respect to the same period of service or for benefit accrual purposes under any defined benefit pension plan. Buyer shall use its reasonable efforts to cause Buyer’s or its Affiliates’ health plans to provide each Transferred
Employee and his or her otherwise eligible dependents with coverage commencing immediately upon the applicable Employment Commencement. If such Transferred Employee was enrolled in Seller’s corresponding plan immediately prior to the Employment
Commencement Date, then Buyer shall use its reasonable efforts to cause Buyer’s or its Affiliates’ health plans to recognize each such Transferred Employee’s expenditures (including those of his or her covered dependents and/or
domestic partner) under Seller’s corresponding plan for the plan year in which the Closing occurs toward any applicable deductible and annual out-of-pocket limit in Buyer’s health plans for such plan year. 

  
 30 

 (f) No provision of this Agreement (including this Section 7.2) shall
(i) create any third-party beneficiary rights in any Transferred Employee, or any beneficiary or dependents thereof, (ii) be construed as in any way modifying or amending the provisions of any Employee Plan or any employee benefit plan of
Buyer or any of its Affiliates, (iii) require Buyer or any of its Affiliates to continue any employee benefit plan or be construed to prevent or limit Buyer or any of its Affiliates from terminating or modifying any employee benefit plan that
Buyer or its Affiliates may establish or maintain or (iv) require Buyer or any of its Affiliates to continue or maintain the employment of any Transferred Employee following the Closing Date. 

7.3 Access and Information. 

(a) From the date hereof until the Closing, subject to reasonable rules and regulations of Seller and any applicable Legal
Requirements, Seller shall (i) afford Buyer and its Representatives access, during regular business hours and upon reasonable advance notice, but in no event less than 72 hours prior notice, to the Employees, the Assets and the Books and
Records, (ii) furnish, or cause to be furnished, to Buyer any financial and operating data and other information that is available with respect to the Assets, Assumed Liabilities or the Business as Buyer from time to time reasonably requests
and (iii) instruct the Employees and its Representatives to reasonably cooperate with Buyer in its investigation of the Assets, Assumed Liabilities and the Business. No investigation pursuant to this Section 7.3(a) or otherwise by Buyer or
its Representatives shall alter any representation or warranty given hereunder by Seller or affect any Buyer Indemnified Party’s rights to indemnification hereunder. All requests for information made pursuant to this Section 7.3(a) shall
be directed to an executive officer of Seller or such Person or Persons as may be designated by Seller. All information received in any form pursuant to this Section 7.3(a) shall be governed by the terms of the Confidentiality Agreement and
shall be held in confidence pursuant to Section 7.9 hereof. 
 (b) Following the Closing, upon the request of the other
party, Seller and Buyer shall, to the extent permitted by applicable Legal Requirements and confidentiality obligations existing as of the Closing Date, grant to the other party and its Representatives during regular business hours and subject to
reasonable rules and regulations of the granting party, the right, at the expense of the non-granting party, to inspect and copy the books, records and other documents in the granting party’s possession pertaining to the operation of the Assets
or the Business prior to the Closing (including books of account, records, files, invoices, correspondence and memoranda, customer and supplier lists, data, specifications, insurance policies, operating history information and inventory records). In
no event shall either party have access to legally privileged information of the other party, or to the consolidated federal, state or local Tax Returns of the other party. 

7.4 Preservation of Business. During the period from the date hereof until the Closing, except as required by applicable Legal
Requirements, as otherwise expressly contemplated by this Agreement or as set forth on Schedule 7.4, or with the prior written consent of Buyer, Seller shall, and shall cause its Affiliates to: 

  
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 (a) operate and maintain the Assets and the Business in the Ordinary Course; 

(b) use commercially reasonable efforts to preserve the goodwill of and relationships with Governmental Authorities, customers,
suppliers, vendors, lessors, licensors, licensees, contractors, distributors, agents, employees and others having business dealings with Seller or its Affiliates in connection with Seller’s or its Affiliates’ use of the Assets or operation
of the Business; 
 (c) comply with all Legal Requirements and Governmental Authorizations applicable to Seller’s
ownership or use of the Assets or operation of the Business; 
 (d) maintain in full force and effect policies of insurance
or substantially equivalent policies that relate to the Assets or the Business; 
 (e) not mortgage, pledge or subject to any
Encumbrance (other than a Permitted Encumbrance) any of the Assets; 
 (f) not sell, assign, license, grant a covenant not to
sue or release, transfer, convey, lease, surrender, relinquish, permit to expire, terminate or lapse, or otherwise dispose of any right, title or interest in or to any of the Assets; 

(g) not settle or compromise any claim, Liability, Action or obligation related to or in connection with the Assets, any
Assumed Liability, other than the payment, discharge or satisfaction of Liabilities in the ordinary course of business or as otherwise contemplated by this Agreement; 

(h) not materially amend, waive, modify or consent to the termination of any Assigned Contract or any Governmental
Authorization, or materially amend, waive, modify or consent to the termination of rights of Seller or its Affiliates thereunder; 

(i) not terminate the employment or otherwise materially modify the terms and conditions of employment (including increasing
the base salary payable or entering into, renewing or amending any offer letter or other employment or consulting agreement) of any of the Target Employees; 

(j) not enter into any lease of real or personal property or any renewals thereof for the Assets; 

(k) not take any action which would reasonably be expected to cause any representation or warranty of Seller in this Agreement
to be or become untrue in any material respect or knowingly omit to take any action reasonably necessary to prevent any such representation or warranty from being untrue in any material respect at such time; or 

(l) authorize or enter into an agreement to do any of the foregoing. 

  
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 7.5 Commercially Reasonable Efforts. Seller and Buyer shall cooperate and use commercially
reasonable efforts to fulfill as promptly as practicable the conditions precedent to the other party’s obligations hereunder, including securing as promptly as practicable all consents, approvals, waivers and authorizations required in
connection with the transactions contemplated by this Agreement. 
 7.6 Publicity. Neither Buyer nor Seller, without the prior consent
of the other party, shall, and each shall cause its Representatives not to, make any public statement or press release with respect to the transactions contemplated hereby, or otherwise disclose to any Person the existence, terms, content or effect
of this Agreement, except (i) to the extent that disclosure is required by Legal Requirement or to comply with the obligations set forth in this Agreement, and (ii) the parties may disclose such terms to their respective Representatives in
the ordinary course of business. 
 7.7 Exclusivity. From the date of this Agreement until the Closing Date, neither Seller nor any of
Seller’s Representatives will directly or indirectly: (i) solicit, encourage, initiate, review, accept, support, approve or participate in any negotiations or discussions with respect to any offer or proposal (formal or informal, oral,
written or otherwise) to acquire all or any part of the Assets or the Business, whether by purchase of assets, exclusive license, joint venture formation, strategic partnership or other alliance formation (each of the foregoing, an “Acquisition
Proposal”), (ii) disclose any information not customarily disclosed to any Person concerning the Assets and which could reasonably be used for the purposes of formulating any Acquisition Proposal, (iii) assist, cooperate with,
facilitate or encourage any Person to make, participate in any discussions or negotiations with any Person with respect to, or take any other action to facilitate any inquiries or the making of, any proposal that constitutes or may reasonably be
expected to lead to, any Acquisition Proposal, (iv) agree to, enter into a contract regarding, approve, recommend or endorse any transaction involving any Acquisition Proposal or (v) authorize or permit any of Seller’s Representatives
to take any such action. Upon the execution of this Agreement, Seller shall cease, and shall cause its Representatives to cease, immediately and cause to be terminated any and all existing discussions or negotiations with any parties conducted
heretofore with respect to any Acquisition Proposal and promptly request that all confidential information with respect thereto furnished by Seller or its Representatives be returned. From the date of this Agreement until the earlier of the Closing
Date or termination of this Agreement, Seller shall notify Buyer as promptly as practicable (and in any event within two (2) Business Days) of the receipt of any proposal or offer (formal or informal, oral, written or otherwise), or any inquiry
or contact with any Person with respect thereto, regarding any Acquisition Proposal or of any request for information in connection with a potential Acquisition Proposal. Seller shall instruct each of its Representatives to observe the terms of this
Section 7.7. Without limiting the foregoing, it is understood that any violation of the restrictions set forth in this Section 7.7 by any Representative, whether or not such Person is purporting to act on behalf of Seller or otherwise,
shall be deemed to be a breach of this Section 7.7 by Seller. 
 7.8 Notice. 

(a) From the date hereof until the Closing, Seller shall promptly notify Buyer in writing of (i) any fact, circumstance,
event or action the existence, occurrence or taking of which (x) has had, or would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, (y) has resulted in, or would reasonably be expected to result
in, any representation or warranty made by Seller hereunder not being 

  
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true and correct or (z) has resulted in, or would reasonably be expected to result in, the failure of any of the conditions set forth in Section 8 to be satisfied, (ii) any notice
or other written communication from any Person alleging that the consent of such Person is or may be required in connection with the Transaction, (iii) any notice or other written communication from any Governmental Authority in connection with
the Transaction, and (iv) any Actions commenced or, to the knowledge of Seller, threatened in writing against, relating to or involving or otherwise affecting Seller, the Assets or the Business that, if pending on the date of this Agreement,
would have been required to have been disclosed pursuant to Section 5.5 or that relates to the consummation of the Transaction. 

(b) Buyer’s receipt of information pursuant to this Section 7.8 shall not operate as a waiver or otherwise affect any
representation, warranty or agreement given or made by Seller in this Agreement and shall not be deemed to amend or supplement the Seller Disclosure Schedule. 

7.9 Confidentiality. 

(a) Seller shall treat as confidential and shall safeguard any and all information, knowledge and data included in the Assets
or the Assumed Liabilities or related to the Business, in each case by using the same degree of care, but no less than a reasonable standard of care, to prevent the unauthorized use, dissemination or disclosure of such information, knowledge and
data as Seller or its Affiliates used with respect thereto prior to the execution of this Agreement. 
 (b) From and after
the Closing, Buyer shall, and shall cause its Affiliates to, treat as confidential and shall safeguard any confidential information relating to the business of Seller or its Affiliates other than the Assets or the Assumed Liabilities or primarily
related to the Business that becomes known to Buyer as a result of the transactions contemplated by this Agreement, except as otherwise agreed to by Seller in writing; provided, however, that nothing in this Section 7.9(b) shall prevent the
disclosure of any such information, knowledge or data to any directors, officers or employees of Buyer or any of its Affiliates to whom such disclosure is necessary in the conduct of the ownership of the Assets, the handling of the Assumed
Liabilities or the operation of the Business if such Persons are informed by Buyer or one of its Affiliates of the confidential nature of such information and are directed by Buyer to comply with the provisions of this Section 7.9(b) (and Buyer
shall be responsible for any such non-compliance). 
 (c) Buyer and Seller acknowledge that the confidentiality obligations
set forth herein shall not extend to information, knowledge and data that is publicly available or becomes publicly available through no act or omission of the party owing a duty of confidentiality, or becomes available on a non-confidential basis
from a source other than the party owing a duty of confidentiality so long as such source is not known by such party to be bound by a confidentiality agreement with or other obligations of secrecy to the other party. In the event that either party
is requested or required (by oral question or request for information or documents in any legal proceeding, interrogatory, subpoena, civil investigative demand, or similar process or by the rules or regulations of

  
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any regulatory authority having jurisdiction over such party or a stock exchange on which such party’s securities are traded) to disclose any confidential information, such party will,
except as prohibited by law, notify the other party promptly of the request or requirement so that the latter party may seek an appropriate protective order or other remedy or waive compliance with the provisions of this Section 7.9. If the
other party seeks a protective order or other remedy, the party obligated to disclose the confidential information shall provide such cooperation as the other party reasonably requests. If, in the absence of a protective order or other remedy or the
receipt of a waiver hereunder, either party is, on the advice of counsel, compelled to disclose any confidential information to any tribunal or other entity or else stand liable for contempt or suffer other censure or penalty, such party may
disclose the confidential information to the tribunal or other entity; provided, however, that the disclosing party shall (i) limit such disclosure to that which is reasonably required by any applicable Legal Requirement and (ii) use its
reasonable best efforts to minimize the disclosure of the confidential information and to obtain, at the reasonable request of the other party, and at the other party’s cost, an order or other assurance that confidential treatment will be
accorded to such portion of the confidential information required to be disclosed as the other party shall designate. 
 7.10 Bulk Sales
Laws. Seller shall satisfy all of its Liabilities and obligations other than the Assumed Liabilities, in the ordinary course of business. The parties hereby waive compliance with the provisions of any bulk sales, bulk transfer or similar Legal
Requirements of any jurisdiction that may otherwise be applicable with respect to the sale of any or all of the Assets to Buyer; it being understood that any Liabilities arising out of the failure to comply with the requirements and provisions of
any bulk sales, bulk transfer or similar Legal Requirements of any jurisdiction shall be treated as Excluded Liabilities. 
 7.11 Company
Sale Exception. Notwithstanding anything contained in this Agreement to the contrary, nothing in this Agreement shall limit, restrict, or prohibit the Seller or its Representatives from soliciting, encouraging, initiating, reviewing, accepting,
supporting, approving, participating in any negotiations or discussions with respect to, or entering into any contract or agreement in principal concerning, any inquiry, offer or proposal (formal or informal, oral, written, or otherwise) for a
Company Sale or disclosing information relating to the Seller to any Person in connection therewith. A Company Sale shall mean an acquisition of all or substantially all of the assets of the Seller, an acquisition of more than a majority of the
Seller’s voting equity, or a merger, consolidation or other business combination or similar transaction involving the Seller, as a whole. Additionally, Seller shall not consummate a Company Sale unless the buyer or the surviving entity in such
transaction agrees to assume the obligations of the Seller pursuant to this Agreement. For the sake of clarity, in no event shall a Company Sale be deemed to include the sale of the Assets or Business on a standalone basis. 

SECTION 8 CONDITIONS PRECEDENT TO THE CLOSING BY BUYER. 

The obligation of Buyer to consummate this Agreement is subject to the fulfillment (or waiver by Buyer) at or prior to the Closing Date of the
conditions set forth below. 

  
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 8.1 Representations and Warranties. Each of the representations and warranties of Seller
contained in this Agreement were true and correct when made, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties were true and correct on and as of such
earlier date). Each of the representations and warranties of Seller that are qualified as to materiality and each of the Fundamental Representations shall be true and correct, and all other representations and warranties of Seller shall be true and
correct in all material respects, in each case, as of the Closing Date as though made on the Closing Date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and
warranties qualified as to materiality shall be true and correct, and those not so qualified shall be true and correct in all material respects, on and as of such earlier date). 

8.2 Performance. Seller shall have complied in all material respects with all covenants and agreements to be performed or satisfied by
Seller on or prior to the Closing Date. 
 8.3 No Action. No action or proceeding shall have been instituted, pending or threatened
before any Governmental Authority, or instituted, pending or threatened in writing by any Person, whether brought against Buyer or Seller, pertaining to the purchase by Buyer of the Assets, and no order shall have been issued by any Governmental
Authority which could prevent, materially delay or make illegal the consummation of such purchase or would have, or be reasonably expected to have, any Material Adverse Effect. 

8.4 Material Adverse Effect. No Material Adverse Effect shall have occurred. 

8.5 Certificate. Buyer shall have received a certificate executed by a duly authorized officer of Seller, dated as of the Closing Date
and reasonably satisfactory in form and substance to Buyer, certifying that the conditions set forth in Section 8.1, Section 8.2, Section 8.4, Section 8.6 and Section 8.7 have been satisfied. 

8.6 Governmental Approvals. Approvals from and Governmental Authority necessary for consummation of the transactions contemplated by
this Agreement satisfactory in form and substance to Buyer shall have been timely obtained. 
 8.7 Consents Obtained; Liens Released.
Each of the approvals or consents required to be obtained by Seller in connection with the transactions contemplated hereby and for the assumption by or assignment to Buyer or one of its Affiliates as designated by Buyer of the Assets, which include
any or all of the consents set forth on Schedule 8.7, shall have been obtained and provided to Buyer and shall be satisfactory in form and substance to Buyer. Buyer shall have received evidence of the release and termination of all Encumbrances
encumbering the Assets (including the payment of all obligations referenced in clause (ii) of the definition of Permitted Encumbrances). 

8.8 Bill of Sale; Assumption Agreement; IP Assignment Agreement; Employment Agreements. Seller shall have executed and delivered the
Bill of Sale, the Assumption Agreement, the IP Assignment Agreement and any other instruments of transfer reasonably requested by Buyer to consummate and make effective the transactions contemplated by this Agreement. Patrick Cerreta
(“Cerreta”) and Buyer shall have entered into an employment agreement reasonably satisfactory in form and substance to Buyer. 

  
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 8.9 Escrow Agreement. Seller shall have executed and delivered the Escrow Agreement to
Buyer and it shall be in full force and effect as to Seller as of the Closing. 
 8.10 Transition Services Agreement. Seller shall
have executed and delivered the Transition Services Agreement to Buyer and it shall be in full force and effect as to Seller as of the Closing. 

8.11 Referral Agreement. Seller shall have executed and delivered the Referral Agreement to Buyer and it shall be in full force and
effect as to Seller as of the Closing. 
 8.12 Approval of Documentation. Seller shall have delivered such other certificates,
instruments and other documents as Buyer may reasonably request including, without limitation, a non-foreign affidavit dated as of the Closing Date, sworn under penalties of perjury and in form and substance required under the Treasury Regulations
issued pursuant to Section 1445 of the Code, stating that Seller is not a “foreign person” as defined in Section 1445 of the Code, to consummate the transactions contemplated by this Agreement and the Related Agreements. 

8.13 Contemporaneous Delivery and Effectiveness. All acts and deliveries prescribed by this Section 8, regardless of chronological
sequence, will be deemed to occur simultaneously and contemporaneously on the occurrence of the last act or delivery, and none of such acts or deliveries will be effective until the last of the same has occurred. 

SECTION 9 CONDITIONS PRECEDENT TO THE CLOSING BY SELLER. 

The obligation of Seller to consummate this Agreement is subject to the fulfillment (or waiver by Seller) at or prior to the Closing Date of
the conditions set forth below. 
 9.1 Representations and Warranties. Each of the representations and warranties of Buyer contained
in this Agreement were true and correct when made, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties were true and correct on and as of such earlier date).
Each of the representations and warranties of Buyer contained in this Agreement that are qualified as to materiality and the representations and warranties contained in Section 6.1 (Organization, Good Standing, Corporate Power, Qualification)
and Section 6.2 (Due Authorization, Binding Effect) shall be true and correct, and all other representations and warranties of Buyer shall be true and correct in all material respects, in each case, as of the Closing Date as though made on the
Closing Date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties qualified as to materiality shall be true and correct, and those not so qualified shall be
true and correct in all material respects, on and as of such earlier date). 
 9.2 Performance. Buyer shall have performed or complied
in all material respects with all covenants and agreements to be performed or satisfied by Buyer prior to the Closing Date. 

  
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 9.3 Consideration. On the Closing Date, Buyer shall deliver, or cause to be delivered, the
Purchase Price to the Seller and to the Escrow Agent, as applicable, in accordance with Section 3.1. 
 9.4 Certificate. Seller
shall have received a certificate executed by a duly authorized officer of Buyer, dated as of the Closing Date and reasonably satisfactory in form and substance to Seller, certifying that the conditions set forth in Section 9.1 and
Section 9.2 have been satisfied. 
 9.5 No Actions. No action or proceeding shall have been instituted, pending or threatened
before any Governmental Authority, or instituted, pending or threatened by any Person, whether brought against Buyer or Seller, pertaining to the purchase by Buyer of the Assets, and no order shall have been issued by any Governmental Authority
which could prevent, materially delay or make illegal the consummation of such purchase. 
 9.6 Escrow Agreement. Buyer shall have
executed and delivered the Escrow Agreement to Seller and it shall be in full force and effect as to Buyer as of the Closing. 
 9.7
Transition Services Agreement. Buyer shall have executed and delivered the Transition Services Agreement to Seller and it shall be in full force and effect as to Buyer as of the Closing. 

9.8 Referral Agreement. Buyer shall have executed and delivered the Referral Agreement to Seller and it shall be in full force and
effect as to Buyer as of the Closing. 
 9.9 Approval of Documentation. Buyer shall have delivered such other certificates,
instruments and other documents as Seller may reasonably request to consummate the transactions contemplated by this Agreement and the Related Agreements. 

9.10 Contemporaneous Delivery and Effectiveness. All acts and deliveries prescribed by this Section 9, regardless of chronological
sequence, will be deemed to occur simultaneously and contemporaneously on the occurrence of the last act or delivery, and none of such acts or deliveries will be effective until the last of the same has occurred. 

SECTION 10 POST-CLOSING INDEMNIFICATION. 

10.1 Survival of Representations and Warranties and Related Indemnification Rights. The representations and warranties of Seller and
Buyer contained in this Agreement, or in any certificate or other instrument delivered pursuant to this Agreement, and the parties’ right to indemnification hereunder in respect of any breaches of or inaccuracies in any such representations and
warranties, shall survive the Closing and continue until 5:00 p.m., California time, on the date which is the fifteen (15) month anniversary of the Closing Date; provided, that representations and warranties contained in Section 5.1
(Organization, Good Standing, Corporate Power and Qualification), Section 5.2 (Due Authorization, Binding Effect), Section 5.4 (Governmental Consents), Section 5.6 (Intellectual Property – but solely to the extent relating to
title to the Intellectual Property Assets and title to Seller’s rights in the Licensed Intellectual Property), Section 5.8(b) (Sufficiency of Assets), Section 5.8(c) (Title to Assets), Section 6.6 (No Finder’s Fees),
Section 6.1 (Organization, Good Standing, Corporate Power and 

  
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Qualification) and Section 6.2 (Due Authorization, Binding Effect) shall survive indefinitely and the representations and warranties set forth in Section 5.12 (Taxes) shall survive for
the applicable statute of limitations plus ninety (90) days. Any willful or intentional misrepresentation or fraud (each a “Fraudulent Breach” and collectively “Fraudulent Breaches”) shall survive indefinitely. In the event
notice of any claim for indemnification under Section 10.2 hereof has been given within the applicable survival period, such claim shall survive until such time as such claim is finally resolved. The parties acknowledge that the time periods
set forth in this Section 10.1 and elsewhere in this Agreement for the assertion of claims and notices under this Agreement are the result of arms’-length negotiation among the parties and that they intend for the time periods to be
enforced as agreed by the parties. The parties further acknowledge that the time periods set forth in this Section 10.1 and elsewhere in the Agreement may be shorter than otherwise provided by Legal Requirement. 

10.2 Indemnification. 

(a) Subject to Section 10.2(c), Seller shall defend, indemnify and hold harmless Buyer and its Representatives (the
“Buyer Indemnified Parties”) from, against and in respect of any loss, cost, charge, expense, Liability, claim, demand, action, suit, proceeding, payment, judgment, settlement, assessment, deficiency, tax, interest, penalty or damages
(including reasonable fees and disbursements of counsel and accountants and other reasonable costs and expenses incident to any actual or threatened claim, suit, action or proceeding (each, an “Action”)) (collectively, the
“Damages”), imposed on, sustained, incurred or suffered by any of the Buyer Indemnified Parties, whether in respect of third-party claims, claims between the parties hereto, or otherwise, directly or indirectly relating to or arising out
of (i) any breach or inaccuracy of Seller’s representations and warranties under this Agreement or in any Related Agreements, excluding any Fraudulent Breach which shall be governed by Section 10.2(a)(iii), (ii) any breach of any
covenant or agreement of Seller contained in this Agreement or in any Related Agreement that is to be performed prior to the Closing, and/or (iii) any Fraudulent Breach. In addition, Seller shall defend, indemnify, and hold harmless the Buyer
Indemnified Parties, without limitation as to amount, duration or any other potential limitation, from and against any Damages imposed on, sustained, incurred or suffered by any of the Buyer Indemnified Parties, whether in respect of third-party
claims, claims between the parties hereto, or otherwise, directly or indirectly relating to or arising out of (x) any breach of any covenant or agreement of Seller contained in this Agreement or any Related Agreement that is to be performed as
of (e.g., conveyance and delivery of the Assets at the Closing pursuant hereto) or after the Closing, (y) any and all Excluded Liabilities and (z) any action or claim asserted by any shareholder or creditor of Seller relating to this
Agreement or the Transactions. 
 (b) Subject to Section 10.2(c), Buyer shall defend, indemnify and hold harmless Seller
and its Representatives (the “Seller Indemnified Parties”) from and against any Damages imposed on, sustained, incurred or suffered by any of Seller Indemnified Parties, whether in respect of third-party claims, claims between the parties
hereto, or otherwise, directly or indirectly relating to or arising out of (i) any breach or inaccuracy of Buyer’s representations and warranties under this Agreement or any Related Agreements, excluding any Fraudulent Breach which shall
be governed by 

  
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Section 10.2(b)(iii), (ii) any breach of any covenant or agreement of Buyer contained in this Agreement or any Related Agreement that is to be performed prior to the Closing,
(iii) any Fraudulent Breach and/or (iv) claims under the Worker Adjustment and Retraining Notification Act (“WARN Act”) asserted by or on behalf of any Transferred Employee(s) who experience an “employment loss” under
the WARN Act that is initiated by Buyer or one of its Affiliates. In addition, Buyer shall defend, indemnify and hold harmless the Seller Indemnified Parties, without limitation as to amount, duration or any other potential limitation, for all
Damages imposed on, sustained, incurred or suffered by any of the Seller Indemnified Parties, whether in respect of third-party claims, claims between the parties hereto, or otherwise, directly or indirectly relating to or arising out of
(x) any breach of any covenant or agreement of Buyer contained in this Agreement or any Related Agreement that is to be performed as of (e.g., payment of the Purchase Price and deposit of the Escrow Amount at the Closing pursuant hereto) or
after the Closing and (y) any and all Assumed Liabilities. 
 (c) Limitations on Indemnification Liability. 

(i) Other than (x) rights to specific performance and injunctive relief with respect to a party’s covenants and
agreements under this Agreement, (y) as set forth in Section 11.2(b) or (z) in the event of a Fraudulent Breach, the indemnification provided under Section 10.2 shall be the sole and exclusive remedy of the parties and any other
Persons claiming by or through any party (including the Indemnified Parties) following the Closing with respect to this Agreement or any Related Agreement, including any misrepresentation or inaccuracy in, or breach of, any representations or
warranties, or any breach or failure in performance prior to, on or after the Closing of any covenants or agreements, made by the other parties in this Agreement, any Related Agreements, or in any schedule or exhibit hereto or thereto or any
document delivered pursuant to this Agreement, and each party hereby waives, to the full extent that it may do so, any other rights or remedies that may arise under any applicable Legal Requirements. Any amounts for which Seller may be liable
hereunder shall be payable first from the Escrow Fund; following such time when there are no amounts remaining in the Escrow Fund, any amounts for which Seller may be liable hereunder shall be payable directly by Seller in accordance with this
Section 10.2. 
 (ii) Notwithstanding any provision to the contrary contained in this Agreement, but subject to
Section 10.2(c)(iv), the sole source and recourse to satisfy any and all indemnification claims of Buyer Indemnified Parties under Section 10.2(a)(i) (excluding claims relating to any breach or inaccuracy of a Fundamental Representation)
shall be the amount of Escrow Funds then held by the Escrow Agent pursuant to the Escrow Agreement. 
 (iii) Notwithstanding
any provision to the contrary contained in this Agreement, but subject to Section 10.2(c)(iv), the aggregate liability of Buyer with respect to all indemnification claims under Section 10.2(b)(i) (excluding claims relating to any breach or
inaccuracy of a Fundamental Representation) shall be limited to an amount equal to $1,030,000 in the aggregate. 

  
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 (iv) Except for the last sentence of Section 10.2(c)(i),
Section 10.2(c) shall not apply to claims arising out of or based upon any Fraudulent Breach, which shall not be limited hereunder. Sections 10.2(c)(ii) and Section 10.2(c)(iii) shall not apply to (A) claims for indemnification under
(1) Section 10.2(a)(i) or 10.2(b)(i) of this Agreement based on any breach or inaccuracy of the representations and warranties set forth in Section 5.1 (Organization, Good Standing, Corporate Power and Qualification), Section 5.2
(Due Authorization, Binding Effect), Section 5.3 (No Conflicts), Section 5.6 (Intellectual Property – but solely relating to title to the Intellectual Property Assets or the Intellectual Property Licenses), Section 5.6(b)
(Sufficiency of Assets), Section 5.8(c) (Title to Assets), Section 6.6 (No Finder’s Fees), Section 6.1 (Organization, Good Standing, Corporate Power and Qualification) and Section 6.2 (Due Authorization, Binding Effect)
(collectively, the “Fundamental Representations”), or (2) Section 10.2(a) (ii) or 10.2(b)(ii) of this Agreement, the liability for all of which shall be limited to the Purchase Price, or to (B) the last sentence of
Section 10.2(a) or 10.2(b) of this Agreement, the liability for all of which shall be limited to the Purchase Price. 

(v) Following the determination that a breach of a representation, warranty, covenant or agreement has occurred, for purposes
of computing any Damages under this Section 10 with respect to any representation, warranty, covenant or agreement that is qualified as to materiality by use of the terms “in all material respects,” or words of substantially
equivalent meaning, the amount of the Damages shall be the entire Damages arising (excluding any and all punitive, special or exemplary damages) by reason of the breach of such representation, warranty, covenant or agreement and not merely the
amount of such Damages in excess of the minimum amount that would result in such representation, warranty, covenant or agreement being breached. 

(d) In the event an Indemnified Party shall have or reasonably anticipates a claim against the Indemnifying Parties, the
Indemnified Party shall deliver a notice of such claim (a “Claim Notice”) with reasonable promptness to the Indemnifying Party and, in the case of an indemnification claim by the Buyer Indemnified Parties, to the Escrow Agent to the extent
there has not been a distribution in full of the Escrow Fund. Such Claim Notice shall set forth the estimated amount of the Damages to the extent reasonably available at such time (which estimate shall not be conclusive of the final amount of such
claim) for which the Indemnified Party is seeking indemnification hereunder (the “Claimed Amount”) and a summary in reasonable detail of the basis for the claim (to the extent reasonably available at such time). The failure to give such
notice shall not affect whether the Indemnifying Parties are liable for indemnification of the Claimed Amount specified in such Claim Notice unless and only to the extent that the Indemnifying Party is materially prejudiced thereby. If the Claim
Notice relates to a claim asserted by a Person not party to this Agreement (a “Third Party Claim”) the Indemnifying Parties shall have the right to control the defense and settlement of such claim if the Indemnifying Parties give notice of
the intention to do so to the Indemnified Parties within thirty (30) days (or such lesser number of days set forth in the Claim Notice as may be required by any court proceeding) after the Indemnifying Parties receive such Claim Notice, subject
to the limitations below, and shall have the right to select and retain legal counsel, which counsel shall be reasonably satisfactory to the Indemnified Party, to defend or settle any claim or demand subject to this Section,

  
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provided that the Indemnified Party shall have the right to retain its own counsel, at its sole expense, to monitor the defense or settlement of any claim or demand. By assuming the defense of a
claim or demand, the Indemnifying Party shall be deemed to have conclusively acknowledged its obligation to indemnify the Indemnified Party with respect to such claim or demand to the extent required pursuant to this Agreement. In the event that
(i) the Indemnifying Party fails or elects not to assume the defense of the claim in accordance with this Section, or the Indemnifying Party fails to diligently pursue the defense of such assumed claim or demand, (ii) an Indemnified Party
determines in good faith that there is a reasonable possibility that an adverse determination with respect to the proceeding giving rise to such claim for indemnification would be materially detrimental to the Indemnified Party’s current
business or future business prospects (including the fact that such Third Party Claim involves any of the employees, customers, suppliers, or any other Persons having beneficial relationships with the Business), (iii) the claim for
indemnification relates to or arises in connection with any criminal proceeding, action, indictment, allegation, investigation or any other matter involving a Governmental Authority; (iv) the claim seeks by a specifically plead motion separate
and distinct from a general claim for relief in a complaint, an injunction or equitable relief against the Indemnified Party, or (v) under applicable standards of professional conduct, a conflict of interest on any significant issue related to
such proceeding exists between the Indemnifying Party, on the one hand, and an Indemnified Party, on the other hand, then in each case the Indemnified Party shall conduct or re-assume the defense of and shall have the right to settle any such claim
(and the costs and expenses incurred by the Indemnified Party in connection with such defense or settlement shall be included in the Damages for which the Indemnified Party may seek indemnification pursuant to a claim made hereunder). The
Indemnifying Parties shall have the right to receive copies of all pleadings, notices and communications with respect to the claim and shall have the right to retain its own counsel, at its sole expense, to monitor the defense or settlement of any
claim or demand. The party conducting the defense of a claim shall only have the right to settle and compromise any claim or demand if the other party to this Agreement provides its prior written consent to such settlement or compromise, which
consent shall not be unreasonably withheld or delayed. 
 (e) Within twenty (20) calendar days after delivery of a Claim
Notice, the Indemnifying Party shall deliver to the Indemnified Party a response, in which the Indemnifying Party shall either: (i) agree that the Indemnified Party is entitled to receive the Claimed Amount or the Agreed Amount (in which case:
(A) where the Indemnifying Party is Seller and prior to full distribution of the Escrow Fund, the response shall be accompanied by a written notice executed by the Indemnifying Party instructing the Escrow Agent to disburse the Claimed Amount
or the Agreed Amount (as applicable) to the Buyer Indemnified Party, and (B) where the Indemnifying Party is Seller and following the distribution in full of the Escrow Fund, Seller shall remit payment of such Claimed Amount or Agreed Amount to
Buyer promptly and in any event within five (5) Business Days of such response and (C) where the Indemnifying Party is Buyer, Buyer shall remit payment of such Claimed Amount or Agreed Amount to Seller promptly and in any event within five
(5) Business Days of such response) or (ii) dispute that the Indemnified Party is entitled to receive any of the Claimed Amount. 

  
 42 

 If the Indemnifying Party does not respond within such 20-day period, it will be deemed to have
conceded that the Indemnified Party is entitled to receive the Claimed Amount. 
 (f) During the twenty (20) calendar
day period following the delivery of a response from the Indemnifying Party that reflects a Dispute, the Indemnifying Party and the Indemnified Party shall use good faith efforts to resolve the Dispute. If the Dispute is not resolved within such
twenty (20) calendar day period, the Indemnifying Party and the Indemnified Party shall submit the Dispute to binding arbitration, and the provisions of Section 10.3 shall become effective with respect to such Dispute. If applicable,
Seller and Buyer shall deliver to the Escrow Agent, promptly following the resolution of the Dispute (whether by mutual agreement, arbitration, judicial decision or otherwise), a written notice executed by Seller and Buyer instructing the Escrow
Agent as to what (if any) portion of the Escrow Fund shall be disbursed to Buyer and/or Seller (which notice shall be consistent with the terms of the resolution of the Dispute). In the event a Dispute is resolved following the distribution in full
of the Escrow Fund, the Indemnifying Party shall pay all amounts payable pursuant to this Section 10, by wire transfer of immediately available funds, promptly following the resolution of the Dispute (whether by mutual agreement, arbitration,
judicial decision or otherwise), but in no event more than five (5) Business Days following the resolution of the Dispute. 
 10.3
Arbitration. 
 (a) Any Dispute arising out of or in connection with this Agreement or the Related Agreements, or the
breach, termination or invalidity thereof (including any controversy or claim sounding in tort), shall be finally settled by arbitration in accordance with the rules of arbitration then in effect of the Judicial Arbitration and Mediation Services,
Inc. Any party hereto may initiate a binding arbitration proceeding for the final resolution of any Dispute by delivering a notice to the other party hereto, describing the Dispute to be arbitrated. The place of arbitration shall be in Chicago,
Illinois. 
 (b) The arbitration shall be conducted before a single arbitrator jointly selected by the parties. If the
parties are unable to agree upon the arbitrator within ten (10) days from receipt of the notice with request for arbitration, the Indemnifying Party and Indemnified Party each shall choose one arbitrator and the two arbitrators so selected
shall select a third arbitrator. The third arbitrator shall conduct the arbitration. 
 (c) Notwithstanding any contrary
provision of the rules of arbitration then in effect of the Judicial Arbitration and Mediation Services, Inc., the parties to the arbitration shall be entitled to undertake discovery in the arbitration as determined by the arbitrator(s) at his or
her discretion; provided, that such discovery shall not exceed more than (i) 10 witness depositions, plus the depositions of any expert designated by the other party, (ii) 25 interrogatories, and (iii) 30 document requests. The
arbitrator(s) shall have authority to hear and rule upon all discovery motions. 

  
 43 

 (d) Unless otherwise required by law (including securities laws and the rules of
The NASDAQ Stock Market LLC), the parties to this Agreement undertake and agree that all arbitral proceedings conducted with reference to this arbitration clause will be kept strictly confidential. This confidentiality undertaking shall cover all
information disclosed in the course of such arbitral proceedings, as well as any decision or award that is made or declared during the proceedings. Subject to the limitations described in this Section 10.3(d), information covered by the
confidentiality undertaking in this Section 10.3(d), may not, in any form, be disclosed by either party to a third party without the prior written consent of the other party. 

10.4 Tax Cooperation. After the Closing, Seller and Buyer agree to cooperate with each other in connection with any inquiry, audit,
determination or proceeding affecting the Liability of either of them for Taxes, and, in connection with the determination of any such Liability, each of them shall make available to each other within a reasonable amount of time, at no cost to the
requesting party, any documents, correspondence, reports, books and records and any other materials bearing on such Tax inquiry, audit, examination, proceeding or determination then in the possession of the requested party; provided that each party
shall be reimbursed for any reasonable out-of-pocket expenses it incurs in assisting another party under this Section 10.4. 
 10.5
No Other Representations or Warranties. Except for the representations and warranties contained in Section 5 (as modified by the Seller Disclosure Schedule) and Section 6, neither Seller nor Buyer, nor any other Person, as applicable,
makes any other express or implied representation or warranty with respect to Seller, Buyer, the Assets or the Transaction, as applicable, and each of Seller and Buyer disclaims any other representations or warranties, whether made by Seller or any
of its Affiliates or Buyer or any of its Affiliates, as applicable, or any of their respective officers, directors, employees, agents or representatives, including any warranty of merchantability or fitness for a particular purpose. 

10.6 Tax Treatment of Indemnity Payments. Seller and Buyer agree to treat any indemnity payment made pursuant to Section 10 as an
adjustment to the Purchase Price under this Agreement, unless otherwise required by applicable Legal Requirements. 
 SECTION 11 POST-CLOSING RESTRICTIVE
COVENANTS. 
 11.1 Restrictive Covenants. 

(a) At all times until the fifth (5th) anniversary of the Closing Date (the “Restricted Period”), Seller shall
not, and shall cause its subsidiaries and controlled Affiliates not to, directly or indirectly, (i) solicit to employ, or solicit to provide services to Seller or any of its subsidiaries and controlled Affiliates, (x) any Transferred
Employee who is then currently employed by Buyer or an Affiliate of Buyer, or (y) any Person with whom Seller had contact in connection with Buyer’s investigation of the Business or the Business or negotiation of this Agreement who is then
currently employed by Buyer or an Affiliate of Buyer, or (ii) induce or attempt to induce (x) any Transferred Employee who is then currently employed by Buyer or an Affiliate of Buyer, or (y) any Person with whom Seller had contact in
connection with Buyer’s investigation of the Business or the Business or negotiation of this Agreement who is then currently employed by Buyer or an Affiliate of Buyer, to terminate his or her employment or association with Buyer or its
Affiliates. For purposes of this Section 

  
 44 

 11.1(a), the term “solicit” shall not include generalized searches for employees
through media advertisements, employment firms or otherwise that are not focused on or directed to (x) any Transferred Employee who is then currently employed by Buyer or an Affiliate of Buyer, or (y) any Person who participated in the
investigation of the Business or the Business or negotiation of this Agreement who is then currently employed by Buyer or an Affiliate of Buyer. 

(b) At all times during the Restricted Period, Seller shall not, and shall cause its subsidiaries and controlled Affiliates not
to, directly or indirectly (i) purchase or otherwise enter into any marketing, referral or similar arrangements to use any search engine, Internet portals or other sources of Internet referral traffic, including Google, Bing, Yahoo, Ask,
Facebook, Groupon and the like with respect to any of the search terms listed on Schedule 11.1 hereto or (ii) engage directly in the provision of team apparel, work wear, spirit jerseys (including billboard prints), fan jerseys, varsity jackets
and letterman jackets, corporate apparel and custom embroidered team uniforms and custom embroidered jackets. 
 11.2 Certain
Acknowledgements. 
 (a) Seller acknowledges and agrees that Buyer may be irreparably harmed if Seller or its subsidiaries or controlled
Affiliates in any other manner breach the covenants contained in this Section 11 (the “Restrictive Covenants”) and that any such breach would result in a substantial loss of goodwill by Buyer. Seller further acknowledges and agrees
that the Restrictive Covenants and agreements set forth in this Section 11 were a material inducement to Buyer to enter into this Agreement and to perform its obligations hereunder, and that Buyer would not obtain the full benefit of the
bargain set forth in this Agreement as specifically negotiated by the parties hereto if Seller breached the provisions of this Section 11. Seller acknowledges that the restrictions set forth in this Section 11 are reasonable and necessary
to protect the goodwill of the Business being purchased by Buyer hereunder. If, at the time of enforcement of the Restrictive Covenants, a court shall hold that the duration, scope or area restrictions stated herein are unreasonable under
circumstances then existing, the parties agree that the maximum duration, scope or area reasonable under such circumstances shall be substituted for the stated duration, scope or area and that the court shall be allowed and directed to revise the
restrictions contained herein to cover the maximum period, scope and area permitted by applicable Legal Requirements. 
 (b) If either Seller
or a subsidiary or controlled Affiliate of Seller breaches, or threatens to commit a breach of, any of the Restrictive Covenants, Buyer shall have the following rights and remedies, each of which rights and remedies shall be independent of the
others and severally enforceable, and each of which is in addition to, and not in lieu of, any other rights and remedies available to Buyer at law or in equity: 

(i) the right and remedy to have the Restrictive Covenants specifically enforced by any court of competent jurisdiction, it
being agreed that any breach or threatened breach of the Restrictive Covenants would cause irreparable injury to Buyer and that money damages would not provide an adequate remedy; and 

  
 45 

 (ii) the right and remedy to require Seller or such subsidiary or controlled
Affiliate to account for and pay over to Buyer any profits, monies, accruals, increments or other benefits derived or received by such Person as the result of any transactions constituting a breach of the Restrictive Covenants. 

SECTION 12 TERMINATION. 
 12.1
Termination. This Agreement may be terminated, and the transactions contemplated herein may be abandoned, at any time on or prior to the Closing Date: 

(a) with the mutual written consent of Seller and Buyer; 

(b) by Seller or Buyer, if the Closing shall not have taken place on or before April 15, 2015 (the “Termination
Date”); provided, that the right to terminate this Agreement under this Section 12.1(b) shall not be available to (i) Seller if the failure of Seller to fulfill any of its obligations under this Agreement caused the failure of the
Closing to occur on or before such date or if the failure is of the condition set forth in Section 9.5 attributable to any claim or proceeding challenging the Transaction, which, in such case, the Seller shall have the right to terminate this
Agreement under this Section 12.1(b) if the Closing shall not have taken place on or before September 30, 2015, or (ii) Buyer if the failure of Buyer to fulfill any of its obligations under this Agreement caused the failure of the
Closing to occur on or before such date; 
 (c) by Seller or Buyer if any permanent injunction or other order of a
Governmental Authority of competent authority preventing the consummation of the Transaction shall have become final and non-appealable; 

(d) by Seller or Buyer if there shall be any statute, rule, regulation or order enacted, promulgated or issued or deemed
applicable to the Transaction by any Governmental Authority that would make consummation of the Transaction illegal; 
 (e)
by Seller if any of the conditions set forth in Section 9 shall have become incapable of fulfillment on or prior to the Termination Date, as such date may be extended pursuant to Section 12.1(b), and shall not have been waived by Seller,
unless the failure of such condition is the result of a material breach of this Agreement by Seller; or 
 (f) by Buyer if
any of the conditions set forth in Section 8 shall have become incapable of fulfillment on or prior to the Termination Date, as such date may be extended pursuant to Section 12.1(b), and shall not have been waived by Buyer, unless the
failure of such condition is the result of a material breach of this Agreement by Buyer. 
 In the event of termination by Seller or Buyer
pursuant to this Section 12.1 (other than Section 12.1(a)), written notice thereof shall be given to the other party. 

  
 46 

 12.2 Effect of Termination. If this Agreement is terminated pursuant to Section 12.1,
all obligations of the parties hereunder shall terminate, except for the obligations set forth in Section 7.6 (Publicity) and all of Section 13 (and any related definitional provisions set forth in Section 1) which shall survive the
termination of this Agreement, and except that no such termination shall relieve any party from liability for any prior breach of this Agreement. 
 In the
event of the termination of this Agreement solely in accordance with Section 12.1(e) or 12.1(f), but only if such termination is the result of a condition set forth in Section 8 or Section 9 (as applicable) and within the
non-terminating party’s control being incapable of fulfillment due to the material breach of this Agreement by the non-terminating party, the Party in material breach of this Agreement shall be liable to the other party to this Agreement for
all reasonable costs and expenses (including fees and expenses of professionals) incurred by such other party directly in connection with this Agreement and the transaction (including costs of enforcement) following November 7, 2014 (excluding
any and all punitive, special or exemplary damages), which shall be the terminating party’s sole and exclusive remedy for any Damages arising from or relating to termination of this Agreement and the Transaction. 

If this Agreement is terminated by Buyer or Seller pursuant to Section 12.1(c) or 12.1(d) by reason of any claim, proceeding or order challenging the
Transaction, then within sixty (60) days after the date of termination of this Agreement, Seller shall pay to Buyer all reasonable costs and expenses (including fees and expenses of professionals) incurred by Buyer directly in connection with
this Agreement and the transaction following November 7, 2014 (excluding any and all punitive, special or exemplary damages), provided however, that in no event shall the amount paid pursuant to this paragraph exceed $250,000. The recovery of
any amount pursuant to this paragraph shall be Buyer’s sole and exclusive remedy for any Damages arising from or relating to termination of this Agreement and the Transaction. 

SECTION 13 GENERAL PROVISIONS. 
 13.1
Notices. All notices, requests, consents, and other communications required or permitted hereunder shall be in writing and shall be personally delivered, mailed using first-class, registered, or certified mail, postage prepaid, faxed or sent by
electronic mail to the following addresses or to such other address as the parties hereto may designate in writing: 

Seller: 

CafePress Inc. 

6901 Riverport Drive 

Louisville, Kentucky 40258 

Attn: General Counsel 

Fax: 

Email: 

with a copy to, which shall not constitute notice: 

Pillsbury Winthrop Shaw Pittman LLP 

2550 Hanover Street 

  
 47 

 Palo Alto, CA 94304 

Attn: Jorge del Calvo 

Fax: (650) 233-4545 

Email: jorge@pillsburylaw.com 

Buyer: 

Logo Sportswear Inc. 

c/o Gladstone Investment Corporation 

1521 Westbranch Drive 

Suite 100 

McLean, VA 22102 

Attn: Portfolio Management 

Fax: (703) 287-5801 

and 

Digital Fuel Capital, LLC 

339 Auburn Street 

Suite 12 

Newton, MA 02446 

Attn: Carson Biederman 

Fax: (617) 467-6801 

Email: carson@digitalfuelcapital.com 

with a copy to, which shall not constitute notice: 

Dickstein Shapiro LLP 

1825 Eye Street, N.W. 

Washington, D.C. 20006-5403 

Attn: Emanuel Faust, Jr. 

Telephone: (202) 410-3127 

Fax: (202) 420-2201 

Email: fauste@dicksteinshapiro.com 

All such notices, requests, consents and other communications shall be deemed to be properly given (a) if delivered personally to the address as provided
in this Section, upon delivery, (b) if delivered by facsimile transmission or electronic mail to the facsimile number or email address as provided for in this Section 13.1 upon delivery confirmation if sent during normal business hours of
the recipient; if not, then on the next Business Day, (c) if sent by registered or certified mail, three (3) Business Days after the same has been deposited in the mail, addressed and postage prepaid as set forth above and (d) if
delivered by overnight courier to the address as provided in this Section 13.1, on the earlier of the first Business Day following the date sent by such overnight courier or upon receipt (in each case regardless of whether such notice, request
or other communication is received by any other Person to whom a copy of such notice is to be delivered pursuant to this Section 13.1). Any party from time to time may change its address, facsimile number or other information for the purpose of
notices to that party by giving notice specifying such change to the other party hereto. 

  
 48 

 13.2 Expenses. Each party will pay for its own legal, accounting, investment banking or
valuation services, and any and all other costs and expenses incurred with respect to the transactions contemplated hereby and the negotiation and execution of this Agreement. The costs and expenses charged by the Escrow Agent to open, maintain and
operate the Escrow Fund shall be shared equally by the Seller and the Buyer. 
 13.3 Counterparts; Facsimile Signatures. This
Agreement may be executed in any number of counterparts, each of which when executed by the parties hereto and delivered shall be deemed to be an original, and all such counterparts taken together shall be deemed to be but one and the same
instrument. This Agreement may be executed and delivered by facsimile or .PDF signature, and upon such delivery the facsimile signature or .PDF signature will be deemed to have the same effect as if the original signature had been delivered to the
other party. 
 13.4 Governing Law. This Agreement shall be governed by, and construed and enforced in accordance with, the internal
laws of the state of Delaware, excluding that body of law pertaining to conflicts of laws. 
 13.5 Integration and Construction. This
Agreement, the Confidentiality Agreement and the Related Agreements (including in each case all schedules and exhibits hereto or thereto) shall comprise the complete and integrated agreement of the parties hereto and shall supersede all prior
agreements, written or oral, on the subject matter hereof. Upon the Closing, the Confidentiality Agreement shall terminate and be of no further force and effect. Any captions to, or headings of, the sections of this Agreement are solely for the
convenience of the parties hereto, are not a part of this Agreement, and shall not be used for the interpretation of this Agreement. Where the context so requires, words used in any gender shall be deemed to include other genders, and the singular
number shall include the plural and vice versa. Unless the context requires otherwise, wherever the word “include,” “includes,” or “including” is used in this Agreement, it shall be deemed followed by the words
“without limitation.” The Recitals appearing at the beginning of this Agreement, and the Exhibits and Schedules attached hereto, are hereby incorporated into and are deemed to constitute a part of the operative text of this Agreement. Each
party hereto and such party’s counsel have had the full opportunity to review and comment upon, and have reviewed and commented upon, this Agreement, and any rule of construction to the effect that ambiguities are to be resolved against the
drafting party shall not apply in the interpretation of this Agreement or any Exhibits or Schedules attached hereto. 
 13.6 Waivers and
Amendments. No amendment, modification, supplement or waiver of any provision of this Agreement, and no consent to any departure therefrom, may in any event be effective unless in writing and signed by the party or parties affected thereby, and
then only in the specific instance and for the specific purpose given. No failure or delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude
any other or further exercise thereof or the exercise of any other right, power or privilege. 

  
 49 

 13.7 Injunctive Relief. The parties agree that irreparable damage would occur in the event
that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. Accordingly, each party shall be entitled to enforce the terms of this Agreement by a decree of specific performance
without the necessity of proving the inadequacy of monetary damages as a remedy and to obtain injunctive relief against any breach or threatened breach, and each party agrees to waive any requirement to post any bond in connection with obtaining
such relief. 
 13.8 Successors and Assigns. This Agreement may not be assigned by any party hereto without the prior written consent
of the other parties; provided, that Buyer may, without the prior written consent of Seller, assign any or all of its rights or obligations under this Agreement to any Affiliate of Buyer. Subject to the foregoing, this Agreement and the provisions
hereof shall be binding upon and inure to the benefit of each of the parties and their successors and assigns. 
 13.9 Severability.
The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision. 

13.10 Time of Essence. Time is of the essence of each and every term, condition, obligation, and provision hereof. 

13.11 No Third Party Beneficiaries. Except as expressly provided by this Agreement, nothing in this Agreement, express or implied, is
intended to or shall (a) confer on any Person other than the parties to this Agreement and their respective permitted successors or assigns any rights (including, without limitation, third party beneficiary rights), remedies, obligations or
liabilities under or by reason of this Agreement or (b) constitute the parties to this Agreement as partners or as participants in a joint venture. Except as expressly provided by this Agreement, this Agreement shall not provide third parties
with any remedy, claim, liability, reimbursement, cause of action or other right in excess of those existing without reference to the terms of this Agreement. 

[Remainder of page intentionally left blank; signature page follows] 

  
 50 

 IN WITNESS WHEREOF, each of the parties hereto has executed this Agreement, or has caused this
Agreement to be executed on its behalf by a representative duly authorized, all as of the date first above set forth. 
  

			
	 BUYER:

	
	 LOGO SPORTSWEAR INC.,
a Delaware corporation

		
	 By:
		 /s/ Carson Biederman

			 Name: Carson Biederman

			 Title:

 [Signature Page to Asset Purchase Agreement] 

 
			
	 SELLER :

	
	 CAFEPRESS INC.
a Delaware corporation

		
	 By:
		 /s/ Garett Jackson

			 Name: Garett Jackson

			 Title: Chief Financial Officer

 [Signature Page to Asset Purchase Agreement] 

 Schedule A 

www.logosportswear.com 

www.teamsportswear.com 
 www.logosoftwear.com and

 www.Tfund.com 

 Schedule 1.1 

(ff) Employees 
 See Schedule 7.2 Target Employees 

(aaa)(i) Seller Knowledge Individuals 
 Patrick Cerreta

 Thomas Kordik 
 (aaa)(ii) Buyer Knowledge Individuals

 Carson Biederman 
 Steve Owens 

 Schedule 2.1(c) 

Assigned Contracts 
 (i) Contracts

 School Information Terms of Use Agreement*1 

Maintenance Agreement dated December 31, 2013 by and between Connecticut Business Systems, LLC and Seller 

Commercial Services Agreement dated August 29, 2013 by and between Cox Rhode Island Telcom, LLC and Seller 

Agreement for Service dated January 16, 2014 by and between EarthLink Business, a subsidiary of EarthLink, Inc. and Seller 

Order Form dated June 27, 2013 by and between eKomi Ltd. and Seller 

LexiConn Internet Services, Inc. Subscriber Agreement* 
 Client
Agreement dated December 30, 2014 by and between The MAIL Group and Seller 
 PayPal User Agreement* 

Hosting Services Agreement dated June 7, 2012 by and between Rackspace US, Inc. and Seller**2 

Hosting Services Agreement dated June 20, 2012 by and between Rackspace US, Inc. and Seller** 

ROI Revolution Tracking Code Technology License Agreement dated March 28, 2014 by and between ROI Revolution, Inc. and Seller 

ShopSite, Incorporated Software License Agreement* 
 WePay, Inc.
Terms of Service* 
 Subcontrator Agreement dated April 16, 2008 by and between Computerized Embroidery Company and Seller** 

Subcontrator Agreement dated October 13, 2009 by and between Dubow Textile and Seller 

 

	1 	*This Agreement consists only of an online Terms of Service document and no underlying agreement. 

	2 	** As of the date hereof, a fully executed version of the Agreement has not been located; Seller confirms that the agreement is in effect. 

 Subcontrator Agreement dated April 19, 2010 by and between Rockland Embroidery, Inc. and Seller 

Subcontrator Agreement dated February 8, 2010 by and between Stahls’ Decorating Fulfillment 

Center and Seller 
 Subcontrator Agreement dated
November 19, 2010 by and between Stitch Designers Inc. and Seller 
 Subcontrator Agreement dated February 5, 2010 by and between Visual
Promotions, LLC and Seller 
 Agreement dated December 23, 2008 by and between Steve Roberts and Seller, as amended by that certain Repurchase and
Cancellation of Stock Option, dated April 2, 2012 
 Contractor Services Agreement dated May 28, 2014 by and between GradientWave, LLC and Seller

 Statement of Work #1 dated May 28, 2014 by and between GradientWave, LLC and Seller 

Statement of Work #2 dated December 31, 2014 by and between GradientWave, LLC and Seller 

(ii) Leases 
 Lease dated July 1, 2008 by and between
Cornwall Properties, LLC, as Landlord, and Seller, as Tenant, as amended. 
 (iii) Intellectual Property Licenses 

Letter Agreement dated August 13, 2007 by and between Dakota Collectibles and Seller. 

License Agreement dated April 13, 2010 by and between Action Illustrated and Seller.* 

 Schedule 2.1(d) 

Purchased Assets: Intellectual Property Registrations 

Registered Trademarks: 
  

													
	 	  	 	  	 	  	Filing	  	Registration	  	Registration	  	 
	 Jurisdiction
	  	 Title
	  	 Serial No.
	  	 Date
	  	 No.
	  	 Date
	  	 Status

		  		  	77-479376	  	5/20/2008	  	3629953	  	6/2/2009	  	Issued - §8
	 USPTO
	  	Logo Sportswear.com	  		  		  		  		  	due
		  		  		  		  		  		  	6/2/2015
		  		  	77-479426	  	5/20/2008	  	3629954	  	6/2/2009	  	Issued - §8
	 USPTO
	  	Team Sportswear.com	  		  		  		  		  	due
		  		  		  		  		  		  	6/2/2015
	 USPTO
	  	TFUND	  	86-465195	  	11/26/2014	  	N/A	  	N/A	  	Pending

 Copyrights: 
  

									
	 Type
	  	 Registration No.
	  	 Registration

Date
	  	 Title
	  	 Claimant

	 Text
	  	TX0007552537	  	6/8/2012	  	LogoSportswear.com	  	CafePress Inc.
		  		  		  	Website Version 1	  	
	 Text
	  	TX0007616247	  	10/29/2012	  	LogoSportswear.com	  	CafePress Inc.
		  		  		  	Website Version 2	  	
	 Text
	  	TX0007799974	  	6/6/2013	  	LogoSportswear.com	  	CafePress Inc.
		  		  		  	Website Version 3	  	
	 Text
	  	TX0007658852	  	10/29/2012	  	TeamSportswear.com	  	CafePress Inc.
		  		  		  	Website Version 1	  	
	 Text
	  	TX0007756169	  	6/6/2013	  	TeamSportswear.com	  	CafePress Inc.
		  		  		  	Website Version 2	  	
	 Text
	  	TX0007883553	  	11/14/2013	  	TeamSportswear.com	  	CafePress Inc.
		  		  		  	Website Version 3	  	
	 Text
	  	TX0007623922	  	10/25/2012	  	CustomTshirts.com	  	CafePress Inc.
		  		  		  	Website Version 1	  	
	 Text
	  	TX0007756195	  	6/6/2013	  	CustomTshirts.com	  	CafePress Inc.
		  		  		  	Website Version 2	  	
	 Text
	  	TX0007883560	  	11/14/2013	  	CustomTshirts.com	  	CafePress Inc.
		  		  		  	Website Version 3	  	
	 Text
	  	TX0007801678	  	11/11/2013	  	Tfund Website	  	CafePress Inc.
		  		  		  	Version 1	  	

 Domain Names: 

4PRINT.CO 
 ATHLETIC-JERSEYS.COM 

BANNERDESIGNTEMPLATES.COM 
 BASKETBALLUNIFORMS.CO 

BIGTALLAPPAREL.COM 
 CHAMPIONSHIPTSHIRTS.COM 

CONNECTICUTBASKETBALL.NET 
 COOLSHIRTSHOPS.COM 

COOLTSHIRTSHOPS.COM 
 COTTONORGANICSHIRTS.COM 

COTTONORGANICTEES.COM 
 COTTONORGANICTSHIRTS.COM 

CUSTOM-APPAREL.COM 
 CUSTOM-SWEATS.COM 

CUSTOM-UNIFORMS.CO.UK 
 CUSTOMBANNERDESIGNER.COM 

CUSTOMBANNERSFAST.COM 
 CUSTOMBANNERSSIGNS.COM 

CUSTOMDIGITALBANNERS.COM 
 CUSTOMDIGITALSHIRTS.COM 

CUSTOMDIGITALSIGNS.COM 
 CUSTOMDIGITALTSHIRTS.COM 

CUSTOMFANJERSEYS.COM 
 CUSTOMGOLFBALLSFAST.COM 

CUSTOMJERSEY.CO.UK 
 CUSTOMJERSEYS.CO 

CUSTOMORGANICSHIRTS.COM 
 CUSTOMORGANICSPORTSWEAR.COM 

CUSTOMORGANICTSHIRTS.COM 
 CUSTOMSHIRTMARKETPLACE. 

COM CUSTOMSHIRTSFAST.COM 
 CUSTOMSIGNSFAST.COM 

CUSTOMSIGNSFAST.NET 
 CUSTOMSPORTSWEAR.CO.UK 

CUSTOMSPORTSWEAR.COM 
 CUSTOMSWEATSHIRTSFAST.COM 

CUSTOMTSHIRTMARKETPLACE.COM 
 CUSTOMTSHIRTS.COM 

CUSTOMTSHIRTSFAST.CO.UK 
 CUSTOMTSHIRTSFAST.COM 

CUSTOMWORKAPPAREL.COM 
 CUSTOMWORKJACKETS.COM 

CUSTOMWORKUNIFORMS.COM 
 CUSTOMWORKWEAR.COM 

DIGITALTSHIRTPRINTER.COM 

 DIGITALTSHIRTPRINTING.COM 

EMBROIDER-CAPS.COM 
 EMBROIDER-POLOS.COM 

EMBROIDERED-SPORTSWEAR. 
 COM FULLCOLORSHIRTS.COM 

FUNDRAISE4CHARITYEVENTS.COM 
 FUNDRAISEFORCHARITYEVENTS.COM 

FUNDRAISERS4CHARITY.COM 
 FUNDRAISERSFORCHARITY.COM 

FUNDTE.ES 
 GOLFBALLPHOTOS.COM 

GOLFSIGNSFAST.COM 
 GOLFTEESIGNS.NET 

GOLFTEESIGNSFAST.COM 
 GROUPPRINTS.COM 

IMPRINTEDBANNERS.COM 
 IMPRINTEDPROMOPRODUCTS.COM 

IMPRINTEDSPORTSWEAR.COM 
 INKEARNERS.COM 

LOGO-SPORTSWEAR.CO.UK 
 LOGO-SPORTSWEAR.COM 

LOGOGOLFWEAR.COM 
 LOGOSOFTWEAR.CO 

LOGOSOFTWEAR.CO.UK 
 LOGOSOFTWEAR.COM 

LOGOSPORTSWEAR.BIZ 
 LOGOSPORTSWEAR.CO 

LOGOSPORTSWEAR.COM 
 LOGOSPORTSWEAR.INFO 

LOGOSPORTSWEAR.MOBI 
 LOGOSPORTSWEAR.NET 

LOGOSPORTSWEAR.US 
 LOGOTSHIRTDESIGNS.COM 

LSW.MX 
 MADETOORDERSHIRTS.COM 

MASCOTTSHIRTDESIGNS.COM 
 MERCHRUSH.COM 

ONLINEBANNERDESIGNER.COM 
 ONLINEEMBROIDERYDESIGN.COM 

ONLINEEMBROIDERYDESIGNER.COM 
 ONLINESIGNDESIGNER.COM 

ORGANIC-TSHIRTS.COM 
 PERSONALIZEBAGS.COM 

PERSONALIZECHRISTMASGIFTS.COM 
 PERSONALIZEDSHIRT.COM 

PERSONALIZEDTEE.COM 

 PERSONALIZEGOLFBALLS.COM 

PERSONALIZEMUGS.COM 
 PERSONALIZEPRODUCTS.COM 

PERSONALIZESTOCKINGS.COM 
 PERSONALIZETEES.COM 

PERSONALIZETOTES.COM 
 PERSONALIZEUNIFORMS.COM 

POLITICALCAMPAIGNBANNERS.COM 
 POLITICALCAMPAIGNPRODUCTS.COM 

POLITICALCAMPAIGNSHIRTS.COM 
 POLITICALCAMPAIGNTSHIRTS.COM 

POLITICALPRODUCT.COM 
 POTOFSOLD.COM 

PREP-SPORTSWEAR.COM 
 PRINT-APPAREL.COM 

PRINT-BAGS.COM 
 PRINT-GOLFBALLS.COM 

PRINT-JERSEYS.COM 
 PRINT-MOUSEPADS.COM 

PRINT-SWEATS.COM 
 PRINT-SWEATSHIRTS.COM 

PRINT-TEES.COM 
 PRINT-TOTES.COM 

PRINT-TOWELS.COM 
 PRINTED-JERSEYS.COM 

PRINTORGANICSHIRTS.COM 
 PRINTORGANICTSHIRTS.COM 

PRINTSHIRTSFAST.COM 
 PRINTTEESFAST.COM 

PRINTTSHIRTSFAST.COM 
 REFEREE-SHIRTS.COM 

REFEREE-UNIFORMS.COM 
 SCHOOL-SHIRTS.COM 

SCHOOL-SPORTSWEAR.CO.UK 
 SCHOOL-SPORTSWEAR.COM 

SCHOOLSPORTSWEAR.COM 
 SCHOOLSPORTSWEAR.INFO 

SCHOOLTSHIRTDESIGNS.COM 
 SCHOOLTSHIRTSHOPS.COM 

SELLSCHOOLSPORTSWEAR.COM 
 SELLSPORTSWEAR.CO.UK 

SELLSPORTSWEAR.COM 
 SELLTEAMSPORTSWEAR.COM 

SELLTEAMWEAR.COM 
 SHARETHREADS.COM 

SHIRT-SHOPS.COM 

 SHOPCUSTOMSHIRTS.COM 

SOFTBALLUNIFORMS.CO 
 SOURCETEE.COM 

SPORTSTSHIRTDESIGNS.COM 
 SPORTSTSHIRTSHOPS.COM 

T-FND.COM 
 T-FUND.COM 

T-FUND.NET 
 T-FUNDS.COM 

TEAFUNDS.COM 
 TEAM-JERSEY.COM 

TEAM-SPORTSWEAR.COM 
 TEAM-UNIFORMS.CO.UK 

TEAMBANDUNIFORMS.COM 
 TEAMBASEBALLUNIFORMS.COM 

TEAMCHEERLEADINGUNIFORMS.COM 
 TEAMEXPRESS.CO 

TEAMFOOTBALLUNIFORMS.COM 
 TEAMHOCKEYUNIFORMS.COM 

TEAMJERSEYDESIGN.COM 
 TEAMLACROSSEUNIFORMS.COM 

TEAMMASCOTDESIGNS.COM 
 TEAMSOCCERUNIFORMS.COM 

TEAMSOFTBALLUNIFORMS.COM 
 TEAMSPIRITWEAR.COM 

TEAMSPORTSWEAR.CO 
 TEAMSPORTSWEAR.COM 

TEAMSPORTSWEAR.MOBI 
 TEAMTENNISUNIFORMS.COM 

TEAMTRACKUNIFORMS.COM 
 TEAMUNIFORMDESIGN.COM 

TEAMUNIFORMDESIGNS.COM 
 TEAMUNIFORMSBASKETBALL.COM 

TEAMUNIFORMSUBLIMATION.COM 
 TEAMVOLLEYBALLUNIFORMS.COM 

TEAMWORKATHLETIC.CO 
 TEE-FUND.COM 

TEE-FUND.NET 
 TEE-FUND.US 

TEE-FUNDS.COM 
 TEECASH.COM 

TEEFIRE.COM 
 TEEFLOCK.COM 

TEEHERD.COM 
 TEEJUMP.COM 

TEEJUMP.NET 

 TEEKICK.COM 

TEERISE.COM 
 TEESIGNSFAST.COM 

TEESRAISE.COM 
 TFND.ME 

TFND.US 
 TFUND.COM 

TFUND.ME 
 TFUND.US 

TFUNDS.COM 
 TSHIRT-SHOPS.COM 

TSHIRTDESIGNTEMPLATES.COM 
 UNIFORMSBASKETBALL.COM 

UNIFORMSUBLIMATION.COM 
 VARSITY-JACKETS.COM 

WEBCONSULTANTCOACH.COM 
 WWWTEEFUND.COM 

WWWTFUND.COM 
 WWWTFUNDS.COM 

(ii) 
  

	
	 Trademark

	

	
	LOGO SPORTSWEAR and design
	LOGOSPORTSWEAR
	
	

	
	LOGOFAN stylized
	LOGOFAN
	
	

	LOGOFANS stylized
	LOGOFANS
	
	

	
	TFUND ORIGINAL and design
	
	

	
	 Trademark

	 TFUND EMBROIDERED and design

	 LOGOBUYERS

	 THE LOGOBUYERS’ GUIDE

	 LOGO REWARDS

	 LOGO

	 LOGOLOCKER

	 SHARE & SELL

	 TEAM SPORTSWEAR

	
	 

	
	 TEAM SPORTSWEAR stylized

	
	 

	
	 TEAM SPORTSWEAR and design

	
	 

	
	 TEAM FAN stylized

	
	 

	
	 TEAM FANS stylized

	
	 

	
	 TFUND and design

	
	 

	
	 LOGO SPORTSWEAR and design

	
	 

	
	 TEAM SPORTSWEAR and design

	 THE TFUND MARKETPLACE

	
	 Trademark

	
	 

	
	 SATISFACTION GUARANTEE LOGOSPORTSWEAR and design

	
	 

	
	 NEW LOGO REWARDS and design

	
	 

	
	 LOGO GIVEBACK

	 LOGOSPORTSWEAR.COM

	 THE TEAMSPORTSWEAR DIFFERENCE

	 THE TEAMSPORTSWEAR ADVANTAGE

	
	 

	
	 CUSTOM TSHIRTS and design

	 YOUR LOGO IS OUR BUSINESS!

 Schedule 2.1(e) 

Purchased Assets: Tangible Assets 
  

					
	 Total
Count
	 	  	 Item

	 	23	  	  	Straight Desks
	 	11	  	  	Mini Desk < 5ft
	 	23	  	  	L Desk
	 	12	  	  	Cubical Stations
	 	1	  	  	U-Desk
	 	131	  	  	Chairs
	 	13	  	  	Whiteboards
	 	178	  	  	Monitors
	 	4	  	  	Windows Laptops
	 	99	  	  	Windows Computers
	 	30	  	  	Linux Computers/Laptops
	 	1	  	  	Scanner
	 	1	  	  	I1 Color Calibration System
	 	51	  	  	Phones
	 	5	  	  	Walkie Talkie
	 	3	  	  	Tablet
	 	2	  	  	Mac
	 	4	  	  	Multifunction Printer
	 	9	  	  	Color Office Printer
	 	7	  	  	BW Office Printer
	 	3	  	  	Water Cooler
	 	7	  	  	Bulletin Board
	 	40	  	  	Barcode Scanner
	 	1	  	  	Phone system
	 	2	  	  	Managed Switch
	 	32	  	  	8port Gigabit Switch
	 	5	  	  	Battery Backup
	 	22	  	  	Book/Office Storage Shelf
	 	1	  	  	Label Printer
	 	1	  	  	IP Camera

					
	 	1	  		Gas Grill
	 	1	  		Trailer
	 	1	  		Eye Wash Station
	 	1	  		Power Washer
	 	1	  		Air Compressor
	 	1	  		Air Compressor Heater
	 	2	  		Exposure Unit
	 	1	  		SR97 Ventilation System
	 	4	  		Flash Unit
	 	4	  		Screenprint Carousel
	 	4	  		Electric Dryer
	 	1	  		Viper Spray Unit
	 	3	  		BQ Printer
	 	2	  		Epson Printer
	 	8	  		Mini Refrigerator
	 	2	  		Full Size Refrigerator
	 	1	  		Soda Machine
	 	1	  		Time Clock
	 	1	  		Pallet Jack
	 	1	  		Hand Truck
	 	1	  		Dolly
	 	11	  		Carts
	 	54	  		Product Shelf
	 	9	  		Wheeled Shelf
	 	2	  		Conference/Lunch Table
	 	11	  		Folding Table
	 	37	  		Production Table
	 	16	  		Misc Table
	 	4	  		2 Drawer Filing Cabinet
	 	3	  		4+ Drawer Filing Cabinet
	 	3	  		2 Drawer Lateral Filing Cabinet
	 	3	  		4 Drawer Lateral Filing Cabinet
	 	7	  		AC Unit
	 	2	  		Electric Generator
	 	1	  		Badge Printer
	 	7	  		Pneumatic Heat Press
	 	1	  		Clam Shell Heat Press
	 	1	  		Mug Press
	 	2	  		Cad Cutter
	 	3	  		Versacamm Printer
	 	2	  		Sublimation Printer

					
	 	2	  		4 Head Embroidery Machine
	 	4	  		2 Head Embroidery Machine
	 	3	  		Single Head Embroidery Machine
	 	1	  		Mini Single Head Embroidery Machine
	 	1	  		Ioline Cutter
	 	1	  		TV
	 	1	  		Copy Machine
	 	1	  		TelyHD
	 	1	  		Projector
	 	1	  		Projector Screen
	 	1	  		Conference Phone
	 	1	  		T1
	 	1	  		Cable Modem
	 	1	  		U-Verse DSL Modem
	 	2	  		Core switch 24 port stacked
	 	2	  		KVM Switch
	 	2	  		SonicWall
	 	1	  		Netbotz Environment Monitor
	 	1	  		KVM Console
	 	1	  		Direct Attached Storage RAID 10
	 	2	  		VM Host
	 	1	  		APC Battery Backup
	 	1	  		Rack System
	 	4	  		Miraki Wifi Access Point
	 	1	  		Cadcut Laser Guides
	 	5	  		Table Top Shelves
	 	2	  		Ladder
	 	3	  		Keurig
	 	2	  		Toaster
	 	4	  		Microwave
	 	1	  		Air Purifier
	 	1	  		Check Reader
	 	2	  		Heat Gun
	 	1	  		SR97 Spray Gun
	 	2	  		Drawing Tablet

 Schedule 2.1(f) 

Purchased Assets: Permits 
 None, except
any applicable local business license. 

 Schedule 2.1(j) 

Excluded Books and Records 

 Schedule 2.3 

Assumed Liabilities 
 All of the following
liabilities of the Business:3 
 Accounts Payable 

Tfund commission payable 
 PTO accrual 

Accrued Liabilities – general 
 Accrued Liabilities –
other 
 Allowance for sales returns 
 LT portion of deferred
rent 
 Obligations for the performance of the Assigned Contracts from and after the Closing Date 

Employment-Related Liabilities 
 Other than PTO accrual,
which is set forth above, all compensation (including salary, wages, commissions, bonuses, incentive compensation, overtime, premium pay and shift differentials), benefits and benefit claims, severance and termination pay, notice and benefits under
all applicable federal, state or local Legal Requirement and under any plan, policy, practice or agreement and all other Liabilities, in each case accruing, incurred or arising as a result of employment or separately from employment with Buyer or
its Affiliates, on or after the applicable Employment Commencement Date with respect to Transferred Employees. 
 All Liabilities and obligations for Taxes
relating to the Business , the Purchased Assets or the Assumed Liabilities for any taxable period beginning on or after the Closing Date. 
 All other
Liabilities and obligations arising out of or relating to Buyer’s ownership or operation of the Business and the Purchased Assets on or after the Closing. 

 

	3 	Pulled this from the most recent flip of the APA from DS. 

 Schedule 7.2 

Target Employees 
  

			
	Last Name	  	 First
 Name

	Allard	  	Erica
	Baird	  	Dan
	Balanda	  	Brian
	Bessette	  	Christopher
	Bone	  	Elizabeth
	Brosnahan	  	Kevin
	Calzone	  	Cindy
	Cascagne	  	Gerald
	Ceballos	  	Anthony
	Cerreta	  	Patrick
	Collins	  	Meghan
	Couturier	  	Lillian
	Daddona	  	John
	Dale	  	John
	Dara	  	Seth
	Davidson	  	Haley
	Davis	  	Ethan
	Davis	  	Joshua
	Dease	  	Acacia
	DeFilippo	  	Nick
	Dellabernarda	  	Brian
	Delli Carpini	  	Stefano
	DeNeen	  	Adrienne
	Dibbles	  	Taneesha
	Duah	  	Akua
	Dunham	  	Jacqueline
	Durso	  	Chris
	Ebron	  	Nigee
	Eckstein	  	Martin
	Ernandez	  	Michelle
	Ferguson	  	Joshua
	Finnegan	  	Colleen
	Finnegan	  	David
	Finnegan	  	Matthew
	Fulton	  	Nancy
	Futia	  	Patric
	Galeano	  	Nelson

			
	Gelinas		Melissa
	Gersten		Jesse
	Golia		Mary Ann
	Grahn		Tammy
	Graves		Doug
	Greene		Zachary
	Halloran		Theresa
	Harper		Kelli
	Harris		Russell
	Hart		Jeff
	Hearn		Grady
	Hedges		Shelley
	Heeren		Melanie
	Hogan		Mike
	Hughes		Nick
	Iles		Louise
	Jackson		Sarah
	Kane		Shannon
	Kieley		Thomas
	Kordik		Thomas
	Kozlowski		Stephen
	Kristjansson		Amber
	Laferriere		Danielle
	Lauria		Erica
	Lavoie		Michael
	Levine		Michael
	Luby		Toro
	Maino		Sandra
	Majewski		Rachel
	Mariani		Juan
	Martin		Jeff
	McCarthy		Shane
	Menard		Jaclyn
	Messier		Matthew
	Meyers		Gloria
	Micloskey		David
	Montauti		Joseph
	Moran		Ashley
	Morneau		Elizabeth
	Mullin		Francis
	Nethercott		Shannon
	O’Brien		Patricia
	Orosz		Jan

			
	Palmer		Michael
	Perez		Jose
	Perugini		Wanda
	Pigeon		Terry
	Ramos		Timothy
	Remillard		Wendy
	Reynolds		Jennifer
	Rojas		Damary
	Romano		Joseph
	Rose		Tiffany
	Russo		Daniel
	Russo		Theresa
	Sandoval		Nadia
	Santiago		Celeste
	Sarachek		Cynthia
	Savage		Devonte
	Savage		Kiana
	Savold		Mary
	Sawicki		Lukosz
	Sheren		Ryan
	Simler		Mary
	Smith		Michael
	Snedeker		Shane
	Srivastava		Sneh
	Suazo		Jimmy
	Swan		Frederick
	Tanner		Kaycee
	Taylor		Janet
	Taylor		Jordan
	Turner		Anne
	Vassallo		Kyle
	Virgulto		Dominic
	Vitols		Eric
	Vlad		Daniela
	Wat		Linda
	Waters		Jonathan
	Williamson		Trent
	Wilson		Heather
	Wood		Linda
	Wright		Trenton
	Zappone		John

 Schedule 7.4 

Exceptions to Preservation of Business 

 Schedule 8.7 

Third Party Consents Required for Closing 

None. 

 Schedule 11.1(b) 

LogoSportswear.com 
 Logo Sportswear 

Logosportsware.com 
 Logosoftwear.com 

Logosoftwear.com 
 logo softwear 

logo sports 
 logosoftware 

logosports.com 
 logo.com 

logosoft 
 logowear 

8775355646 
 877-535-5646 

imprintedpromoproducts.com 
 bigtallapparel.com 

logogolfwear.com 
 TeamSportswear.com 

Team Sportswear.com 
 Team Sportswear 

TeamSportswear 
 TeamSportsware.com 

TeamSportsware 
 TeamSports 

Team Sports 
 tfund 

Tfund.com 
 tfunding 

t fund com 
 tfundcom 

www tfund com 
 www.tfund.com 

tfunds 
 teefund 

tee fund 
 teekick 

teejump 
 tee kick 

tee jump 
 customtshirts.com 

customtshirt.com 
 customtshirtscom 

 custom-t-shirts.com 

customshirts.com 
 customteeshirts.com 

custom tshirts.com 
 www.customtshirts.com 

customteeshirt.com 
 A4 

ASW 
 Adams 

Adidas 
 Alleson 

Alo 
 Apollo Embroidery 

ApolloEmbroidery 
 Ash City 

AshCity 
 Ash Worth 

Ashworth 
 AugustaSportswear 

Augusta Sportswear 
 Augusta 

Authentic 
 Authentic Pigment 

AuthenticPigment 
 Bag Edge 

BAGedge 
 Badger Sports 

BadgerSports 
 Barbarian 

Bayside 
 Blue Generation 

BlueGeneration 
 Boxer Craft 

Boxercraft 
 Bright Line 

Brightline 
 Brine 

Brooks Brothers 
 BrooksBrothers 

Brook Stone 
 Brookstone 

Browning 
 Bulwark 

 Burnside 
 Callaway
Golf 
 CallawayGolf 
 CalvinKlein 

Calvin Klein 
 Canvas 

Carhartt 
 Champion 

Charles River 
 CharlesRiver 

Chef Designs 
 ChefDesigns 

Chestnut Hill 
 ChestnutHill 

Cliff Keem 
 CliffKeen 

Clique 
 Cobble Stone 

Cobblestones 
 CodeV 

Code V 
 Codefive 

Code five 
 Columbia 

Columbia Sportswear 
 ColumbiaSportswear 

Comfort Colors 
 ComfortColors 

Core 365 
 Core365 

Corner stone 
 Cornerstone 

Cruisin USA 
 CruisinUSA 

Cutter and buck 
 cutter & buck 

Cutter&Buck 
 Day Star Apparel 

DayStarApparel 
 Dickies 

Dickies Medical 
 DickiesMedical 

District 
 Doggie Skins 

 DoggieSkins 

Dri-Duck 
 Dun Brook 

Dunbrooke 
 Eagle USA 

EagleUSA 
 Eddie Bower 

Eddie Bauer 
 EddieBauer 

Edwards 
 Everyday Designs 

EverydayDesigns 
 Fahrenheit 

French Toast 
 FrenchToast 

Game 
 Gemline 

Golf Tee Printers 
 GolfTeePrinters 

Greg Norman 
 GregNorman 

Hartwell 
 HighFive 

Hilton 
 Holloway 

Horace Small 
 HoraceSmall 

ILMigliore 
 Izod 

Jay America 
 J America 

JAmerica 
 Jetline 

Jockey 
 Jonathan Corey 

JonathanCorey 
 KC 

LAT 
 Lacoste 

Landway 
 MV Sport 

MVSport 
 Magic Headwear 

MagicHeadwear 
 Majestic 

 Marmot 
 Munsingwear

 New Balance 
 NewBalance 

New Era 
 NewEra 

Next Level 
 NextLevel 

Nike Golf 
 NikeGolf 

North End 
 NorthEnd 

Oakley 
 Ogio 

Otto 
 Pacific Headwear 

PacificHeadwear 
 Paige and Tuttle 

PaigeandTuttle 
 Patagonia 

Pennant 
 Ping 

Pinnacle 
 Port & Company 

Port&Company 
 Port Authority 

PortAuthority 
 Pro Feet 

ProFeet 
 Puma 

Rawlings 
 Red Cap 

Red Kap 
 RedKap 

Reebok 
 Richardson Cap 

RichardsonCap 
 Russell 

Russell Athletic 
 RussellAthletic 

Soffe 
 Sport-Tek 

Sportsman 
 Storm Creek 

StormCreek 

 Storm Tech 

StormTech 
 Team 365 

Team365 
 Teamwork Athletic 

TeamworkAthletic 
 TieDye 

Titleist 
 Trimark 

Tutti 
 Twin City 

TwinCity 
 USBlanks 

UnderArmor 
 Under Armor 

UnderArmour 
 Under Armour 

Ultra Club 
 UltraClub 

Van Heusen 
 VanHeusen 

Vapor Apparel 
 VaporApparel 

Warrior 
 WarriorLacrosse 

Weather proof 
 Weatherproof 

Woolrich 
 Yupoong 

Zorrel 
 flexfit 

flex-fit 
 full button 

lab coat 
 letterman 

lettermen 
 open bottom 

Parka 
 sandwich bill 

scrubs 
 Semi Fitted 

Singlet 
 snap back 

snap front 

 snapback 
 sports
bra 
 Sports wear 
 Sportswear 

structured 
 sun 

protection 
 Sweater 

turtle neck 
 turtleneck 

uniform 
 varsity 

velcro back 
 vest 

visor 
 warm up 

warmup 
 wheeled 

windbreaker 
 windshirt 

Workwear 
 dazzle 

denim 
 Dry performance 

fire resistant 
 fire retardant 

fleece 
 french terry 

heathered 
 high vis 

high visability 
 mesh 

micor fibre 
 micor sherpa 

micorfibre 
 micro fiber 

microfiber 
 microsherpa 

moisture wicking 
 neon 

pigment-dyed 
 pique 

poplin 
 quilt lining 

 rayon 
 reversible

 sherpa 
 soft shell 

softshell 
 stain resistant 

tricot 
 UV protection 

uvprotection 
 waterproof 

Wicking 
 wrinkle resistant 

Baseball Jersey 
 Basketball Jersey 

Cheer Jersey 
 coach Jersey 

Football Jersey 
 Gymnastics jersey 

Hockey jersey 
 Lacrosse jersey 

Referee jersey 
 Rugby jersey 

Soccer jersey 
 Softball jersey 

Tennis jersey 
 Track jersey 

Volleyball jersey 
 Wrestling jersey 

Powder Puff jersey 
 Goalie jersey 

Goal Keeper jersey 
 Flag Football jersey 

Baseball uniform 
 Basketball uniform 

Cheer uniform 
 coach uniform 

Football uniform 
 Gymnastics uniform 

Hockey uniform 
 Lacrosse uniform 

Referee uniform 
 Rugby uniform 

Soccer uniform 

 Softball uniform 

Tennis uniform 
 Track uniform 

Volleyball uniform 
 Wrestling uniform 

Powder Puff uniform 
 Goalie uniform 

Goal Keeper uniform 
 Flag Football uniform 

digitizing 
 digitized 

Applique 
 applikay 

sewn on twill 
 sewn twill 

twill 
 sewn-twill 

blank 
 undecorated 

no decoration 
 wholesale 

quantity 
 quantity discount 

Closeout 
 markdown 

marked down 
 budget 

Embroidered 100 Percent 
 Embroidered 100Percent 

Embroidered Adult 
 Embroidered Anti Microbial 

Embroidered Apparel 
 Embroidered Athletic 

Embroidered Bar 
 Embroidered Bar Tender 

Embroidered BarTender 
 Embroidered Base Ball 

Embroidered Baseball 
 Embroidered Basket Ball 

Embroidered Basketball 
 Embroidered Big &Tall 

Embroidered Big And Tall 
 Embroidered Big&Tall 

 Embroidered BigAndTall 

Embroidered Bowling 
 Embroidered Bucket 

Embroidered Business 
 Embroidered Button Down 

Embroidered Button Up 
 Embroidered Buttondown 

Embroidered Buttonup 
 Embroidered Camo 

Embroidered Camoflage 
 Embroidered Camouflage 

Embroidered Cap 
 Embroidered Cardigans 

Embroidered Carpenter 
 Embroidered Carpentry 

Embroidered Casino 
 Embroidered Cheer 

Embroidered Chefwear 
 Embroidered Clothing 

Embroidered coach 
 Embroidered College 

Embroidered Company 
 Embroidered Computer 

Embroidered Construction 
 Embroidered Cooler 

Embroidered Creator 
 Embroidered Crewneck 

Embroidered Design Online 
 Embroidered Designer 

Embroidered Digital 
 Embroidered Down 

Embroidered Draw 
 Embroidered Draw String 

Embroidered DrawString 
 Embroidered Dress Shirt 

Embroidered DressShirt 
 Embroidered Dri Fit 

Embroidered DriFit 
 Embroidered Dry Fit 

Embroidered DryFit 
 Embroidered Duffle 

Embroidered Duffle Bag 
 Embroidered Dufflebag 

Embroidered Electrician 
 Embroidered Engineer 

Embroidered Engineering 

 Embroidered Equestrian 

Embroidered Fall 
 Embroidered Fan Wear 

Embroidered FanWear 
 Embroidered Farm 

Embroidered FireResistant 
 Embroidered FireRetardant 

Embroidered Fishing 
 Embroidered Fitted 

Embroidered Flag Football 
 Embroidered Flannel 

Embroidered Flannel Lined 
 Embroidered FlannelLined 

Embroidered Flat Bill 
 Embroidered Flat Brim 

Embroidered FlatBill 
 Embroidered FlatBrim 

Embroidered Flex Fit 
 Embroidered Foot Ball 

Embroidered Football 
 Embroidered Fraternity 

Embroidered Free Designs 
 Embroidered Free Shipping 

Embroidered Free Templates 
 Embroidered Full Back 

Embroidered FullBack 
 Embroidered Garment 

Embroidered Gifts 
 Embroidered Glove 

Embroidered Goal Keeper 
 Embroidered Goalie 

Embroidered Golf 
 Embroidered Grocery 

Embroidered Gym Bag 
 Embroidered Gymbag 

Embroidered Gymnastics 
 Embroidered Hand Towel 

Embroidered HandTowel 
 Embroidered Hat 

Embroidered Hawaiin Shirt 
 Embroidered Hockey 

Embroidered Hoodie 
 Embroidered Hoody 

Embroidered Hospitality 
 Embroidered House Keeping 

Embroidered HouseKeeping 

 Embroidered Hunting 

Embroidered Industrial 
 Embroidered Jacket 

Embroidered Jersey 
 Embroidered Lab 

Embroidered Lacrosse 
 Embroidered Laptop 

Embroidered Layering 
 Embroidered Left Chest 

Embroidered LeftChest 
 Embroidered Long Sleeve 

Embroidered LongSleeve 
 Embroidered Lunch 

Embroidered Make 
 Embroidered Maker 

Embroidered Mason 
 Embroidered Masonry 

Embroidered Medical 
 Embroidered Messenger 

Embroidered Messenger 
 Embroidered Mock Turtle 

Embroidered Mock Turtleneck 
 Embroidered MockNeck 

Embroidered No Minimums 
 Embroidered No Mins 

Embroidered One Hundred Percent 
 Embroidered One Size Fits All

 Embroidered Online Designer 
 Embroidered Onsie 

Embroidered Order Online 
 Embroidered Outerwear 

Embroidered Oxford 
 Embroidered Pant 

Embroidered Pharmacist 
 Embroidered Pharmacy 

Embroidered Plumber 
 Embroidered Plumbing 

Embroidered Plus Size 
 Embroidered PlusSize 

Embroidered Pocket 
 Embroidered Polo 

Embroidered Powder Puff 
 Embroidered Promo Products 

Embroidered PromoProducts 
 Embroidered Promotional Products 

Embroidered PromotionalProducts 

 Embroidered Pullovers 

Embroidered Racer Back 
 Embroidered Racerback 

Embroidered Rain 
 Embroidered Ranch 

Embroidered Real Tree 
 Embroidered RealTree 

Embroidered Referee 
 Embroidered Restaurant 

Embroidered Rugby 
 Embroidered Safety 

Embroidered Satin 
 Embroidered Scarf 

Embroidered Scarves 
 Embroidered School 

Embroidered Security 
 Embroidered Server 

Embroidered Shell 
 Embroidered Shirt 

Embroidered Short 
 Embroidered Skirt 

Embroidered Skort 
 Embroidered SnapFront 

Embroidered Soccer 
 Embroidered Sock 

Embroidered Softball 
 Embroidered Sorority 

Embroidered Sports 
 Embroidered Spring 

Embroidered Stadium 
 Embroidered Summer 

Embroidered Sweat 
 Embroidered Sweat Shirt 

Embroidered Sweaters 
 Embroidered Sweatshirt 

Embroidered Tall 
 Embroidered Team 

Embroidered Tennis 
 Embroidered Track 

Embroidered Trade Show 
 Embroidered Tradeshow 

Embroidered Travel 
 Embroidered Turtle Necks 

Embroidered Turtlenecks 
 Embroidered Uni Sex 

Embroidered Union 

 Embroidered Union Made 

Embroidered UnionMade 
 Embroidered Unisex 

Embroidered University 
 Embroidered US Made 

Embroidered USA Made 
 Embroidered USAMADE 

Embroidered USMADE 
 Embroidered V Neck 

Embroidered Volleyball 
 Embroidered Water Proof 

Embroidered Welder 
 Embroidered Welding 

Embroidered Wind Shirt 
 Embroidered Winter 

Embroidered Women 
 Embroidered Work 

Embroidered Work Wear 
 Embroidered Wrestling 

Embroidered Yoga 
 Embroider 100 Percent 

Embroider 100Percent 
 Embroider Adult 

Embroider Anti Microbial 
 Embroider Apparel 

Embroider Athletic 
 Embroider Bar 

Embroider Bar Tender 
 Embroider BarTender 

Embroider Base Ball 
 Embroider Baseball 

Embroider Basket Ball 
 Embroider Basketball 

Embroider Big &Tall 
 Embroider Big And Tall 

Embroider Big&Tall 
 Embroider BigAndTall 

Embroider Bowling 
 Embroider Bucket 

Embroider Business 
 Embroider Button Down 

Embroider Button Up 
 Embroider Buttondown 

Embroider Buttonup 
 Embroider Camo 

 Embroider Camoflage 

Embroider Camouflage 
 Embroider Cap 

Embroider Cardigans 
 Embroider Carpenter 

Embroider Carpentry 
 Embroider Casino 

Embroider Cheer 
 Embroider Chefwear 

Embroider Clothing 
 Embroider coach 

Embroider College 
 Embroider Company 

Embroider Computer 
 Embroider Construction 

Embroider Cooler 
 Embroider Creator 

Embroider Crewneck 
 Embroider Design Online 

Embroider Designer 
 Embroider Digital 

Embroider Down 
 Embroider Draw 

Embroider Draw String 
 Embroider DrawString 

Embroider Dress Shirt 
 Embroider DressShirt 

Embroider Dri Fit 
 Embroider DriFit 

Embroider Dry Fit 
 Embroider DryFit 

Embroider Duffle 
 Embroider Duffle Bag 

Embroider Dufflebag 
 Embroider Electrician 

Embroider Engineer 
 Embroider Engineering 

Embroider Equestrian 
 Embroider Fall 

Embroider Fan Wear 
 Embroider FanWear 

Embroider Farm 
 Embroider FireResistant 

Embroider FireRetardant 
 Embroider Fishing 

Embroider Fitted 

 Embroider Flag Football 

Embroider Flannel 
 Embroider Flannel Lined 

Embroider FlannelLined 
 Embroider Flat Bill 

Embroider Flat Brim 
 Embroider FlatBill 

Embroider FlatBrim 
 Embroider Flex Fit 

Embroider Foot Ball 
 Embroider Football 

Embroider Fraternity 
 Embroider Free Designs 

Embroider Free Shipping 
 Embroider Free Templates 

Embroider Full Back 
 Embroider FullBack 

Embroider Garment 
 Embroider Gifts 

Embroider Glove 
 Embroider Goal Keeper 

Embroider Goalie 
 Embroider Golf 

Embroider Grocery 
 Embroider Gym Bag 

Embroider Gymbag 
 Embroider Gymnastics 

Embroider Hand Towel 
 Embroider HandTowel 

Embroider Hat 
 Embroider Hawaiin Shirt 

Embroider Hockey 
 Embroider Hoodie 

Embroider Hoody 
 Embroider Hospitality 

Embroider House Keeping 
 Embroider HouseKeeping 

Embroider Hunting 
 Embroider Industrial 

Embroider Jacket 
 Embroider Jersey 

Embroider Lab 
 Embroider Lacrosse 

Embroider Laptop 
 Embroider Layering 

Embroider Left Chest 

 Embroider LeftChest 

Embroider Long Sleeve 
 Embroider LongSleeve 

Embroider Lunch 
 Embroider Make 

Embroider Maker 
 Embroider Mason 

Embroider Masonry 
 Embroider Medical 

Embroider Messenger 
 Embroider Messenger 

Embroider Mock Turtle 
 Embroider Mock Turtleneck 

Embroider MockNeck 
 Embroider No Minimums 

Embroider No Mins 
 Embroider One Hundred Percent 

Embroider One Size Fits All 
 Embroider Online Designer 

Embroider Onsie 
 Embroider Order Online 

Embroider Outerwear 
 Embroider Oxford 

Embroider Pant 
 Embroider Pharmacist 

Embroider Pharmacy 
 Embroider Plumber 

Embroider Plumbing 
 Embroider Plus Size 

Embroider PlusSize 
 Embroider Pocket 

Embroider Polo 
 Embroider Powder Puff 

Embroider Promo Products 
 Embroider PromoProducts 

Embroider Promotional Products 
 Embroider PromotionalProducts

 Embroider Pullovers 
 Embroider Racer Back 

Embroider Racerback 
 Embroider Rain 

Embroider Ranch 
 Embroider Real Tree 

Embroider RealTree 
 Embroider Referee 

Embroider Restaurant 

 Embroider Rugby 

Embroider Safety 
 Embroider Satin 

Embroider Scarf 
 Embroider Scarves 

Embroider School 
 Embroider Security 

Embroider Server 
 Embroider Shell 

Embroider Shirt 
 Embroider Short 

Embroider Skirt 
 Embroider Skort 

Embroider SnapFront 
 Embroider Soccer 

Embroider Sock 
 Embroider Softball 

Embroider Sorority 
 Embroider Sports 

Embroider Spring 
 Embroider Stadium 

Embroider Summer 
 Embroider Sweat 

Embroider Sweat Shirt 
 Embroider Sweaters 

Embroider Sweatshirt 
 Embroider Tall 

Embroider Team 
 Embroider Tennis 

Embroider Track 
 Embroider Trade Show 

Embroider Tradeshow 
 Embroider Travel 

Embroider Turtle Necks 
 Embroider Turtlenecks 

Embroider Uni Sex 
 Embroider Union 

Embroider Union Made 
 Embroider UnionMade 

Embroider Unisex 
 Embroider University 

Embroider US Made 
 Embroider USA Made 

Embroider USAMADE 
 Embroider USMADE 

Embroider V Neck 

 Embroider Volleyball 

Embroider Water Proof 
 Embroider Welder 

Embroider Welding 
 Embroider Wind Shirt 

Embroider Winter 
 Embroider Women 

Embroider Work 
 Embroider Work Wear 

Embroider Wrestling 
 Embroider Yoga 

Embroidery 100 Percent 
 Embroidery 100Percent 

Embroidery Adult 
 Embroidery Anti Microbial 

Embroidery Apparel 
 Embroidery Athletic 

Embroidery Bar 
 Embroidery Bar Tender 

Embroidery BarTender 
 Embroidery Base Ball 

Embroidery Baseball 
 Embroidery Basket Ball 

Embroidery Basketball 
 Embroidery Big &Tall 

Embroidery Big And Tall 
 Embroidery Big&Tall 

Embroidery BigAndTall 
 Embroidery Bowling 

Embroidery Bucket 
 Embroidery Business 

Embroidery Button Down 
 Embroidery Button Up 

Embroidery Buttondown 
 Embroidery Buttonup 

Embroidery Camo 
 Embroidery Camoflage 

Embroidery Camouflage 
 Embroidery Cap 

Embroidery Cardigans 
 Embroidery Carpenter 

Embroidery Carpentry 
 Embroidery Casino 

Embroidery Cheer 
 Embroidery Chefwear 

 Embroidery Clothing 

Embroidery coach 
 Embroidery College 

Embroidery Company 
 Embroidery Computer 

Embroidery Construction 
 Embroidery Cooler 

Embroidery Creator 
 Embroidery Crewneck 

Embroidery Design Online 
 Embroidery Designer 

Embroidery Digital 
 Embroidery Down 

Embroidery Draw 
 Embroidery Draw String 

Embroidery DrawString 
 Embroidery Dress Shirt 

Embroidery DressShirt 
 Embroidery Dri Fit 

Embroidery DriFit 
 Embroidery Dry Fit 

Embroidery DryFit 
 Embroidery Duffle 

Embroidery Duffle Bag 
 Embroidery Dufflebag 

Embroidery Electrician 
 Embroidery Engineer 

Embroidery Engineering 
 Embroidery Equestrian 

Embroidery Fall 
 Embroidery Fan Wear 

Embroidery FanWear 
 Embroidery Farm 

Embroidery FireResistant 
 Embroidery FireRetardant 

Embroidery Fishing 
 Embroidery Fitted 

Embroidery Flag Football 
 Embroidery Flannel 

Embroidery Flannel Lined 
 Embroidery FlannelLined 

Embroidery Flat Bill 
 Embroidery Flat Brim 

Embroidery FlatBill 
 Embroidery FlatBrim 

Embroidery Flex Fit 

 Embroidery Foot Ball 

Embroidery Football 
 Embroidery Fraternity 

Embroidery Free Designs 
 Embroidery Free Shipping 

Embroidery Free Templates 
 Embroidery Full Back 

Embroidery FullBack 
 Embroidery Garment 

Embroidery Gifts 
 Embroidery Glove 

Embroidery Goal Keeper 
 Embroidery Goalie 

Embroidery Golf 
 Embroidery Grocery 

Embroidery Gym Bag 
 Embroidery Gymbag 

Embroidery Gymnastics 
 Embroidery Hand Towel 

Embroidery HandTowel 
 Embroidery Hat 

Embroidery Hawaiin Shirt 
 Embroidery Hockey 

Embroidery Hoodie 
 Embroidery Hoody 

Embroidery Hospitality 
 Embroidery House Keeping 

Embroidery HouseKeeping 
 Embroidery Hunting 

Embroidery Industrial 
 Embroidery Jacket 

Embroidery Jersey 
 Embroidery Lab 

Embroidery Lacrosse 
 Embroidery Laptop 

Embroidery Layering 
 Embroidery Left Chest 

Embroidery LeftChest 
 Embroidery Long Sleeve 

Embroidery LongSleeve 
 Embroidery Lunch 

Embroidery Make 
 Embroidery Maker 

Embroidery Mason 
 Embroidery Masonry 

Embroidery Medical 

 Embroidery Messenger 

Embroidery Messenger 
 Embroidery Mock Turtle 

Embroidery Mock Turtleneck 
 Embroidery MockNeck 

Embroidery No Minimums 
 Embroidery No Mins 

Embroidery One Hundred Percent 
 Embroidery One Size Fits All 

Embroidery Online Designer 
 Embroidery Onsie 

Embroidery Order Online 
 Embroidery Outerwear 

Embroidery Oxford 
 Embroidery Pant 

Embroidery Pharmacist 
 Embroidery Pharmacy 

Embroidery Plumber 
 Embroidery Plumbing 

Embroidery Plus Size 
 Embroidery PlusSize 

Embroidery Pocket 
 Embroidery Polo 

Embroidery Powder Puff 
 Embroidery Promo Products 

Embroidery PromoProducts 
 Embroidery Promotional Products 

Embroidery PromotionalProducts 
 Embroidery Pullovers 

Embroidery Racer Back 
 Embroidery Racerback 

Embroidery Rain 
 Embroidery Ranch 

Embroidery Real Tree 
 Embroidery RealTree 

Embroidery Referee 
 Embroidery Restaurant 

Embroidery Rugby 
 Embroidery Safety 

Embroidery Satin 
 Embroidery Scarf 

Embroidery Scarves 
 Embroidery School 

Embroidery Security 
 Embroidery Server 

Embroidery Shell 

 Embroidery Shirt 

Embroidery Short 
 Embroidery Skirt 

Embroidery Skort 
 Embroidery SnapFront 

Embroidery Soccer 
 Embroidery Sock 

Embroidery Softball 
 Embroidery Sorority 

Embroidery Sports 
 Embroidery Spring 

Embroidery Stadium 
 Embroidery Summer 

Embroidery Sweat 
 Embroidery Sweat Shirt 

Embroidery Sweaters 
 Embroidery Sweatshirt 

Embroidery Tall 
 Embroidery Team 

Embroidery Tennis 
 Embroidery Track 

Embroidery Trade Show 
 Embroidery Tradeshow 

Embroidery Travel 
 Embroidery Turtle Necks 

Embroidery Turtlenecks 
 Embroidery Uni Sex 

Embroidery Union 
 Embroidery Union Made 

Embroidery UnionMade 
 Embroidery Unisex 

Embroidery University 
 Embroidery US Made 

Embroidery USA Made 
 Embroidery USAMADE 

Embroidery USMADE 
 Embroidery V Neck 

Embroidery Volleyball 
 Embroidery Water Proof 

Embroidery Welder 
 Embroidery Welding 

Embroidery Wind Shirt 
 Embroidery Winter 

Embroidery Women 
 Embroidery Work 

Embroidery Work Wear 
 Embroidery Wrestling 

Embroidery Yoga 

 Execution Version 
  

 EXHIBIT A 

ESCROW AGREEMENT 
 ESCROW
AGREEMENT 
 This Escrow Agreement dated this          day of
                    , 2015 (the “Escrow Agreement”), is entered into by and among Logo Sportswear Inc., a Delaware corporation
(“Buyer”), CafePress Inc., a Delaware corporation (“Seller,” and together with Buyer, the “Parties,” and individually, a “Party”), and WILMINGTON TRUST, N.A., as escrow agent (“Escrow Agent”). 

RECITALS 
 A. Buyer and Seller are parties to the
Asset Purchase Agreement dated as of February 20, 2015 (as amended, modified or supplemented from time to time, the “Purchase Agreement”). 

B. Pursuant to the Purchase Agreement, Buyer, on behalf of Seller, has agreed to place in escrow certain funds and the Escrow Agent agrees to hold and
distribute such funds in accordance with the terms of this Escrow Agreement. 
 In consideration of the promises and agreements of the Parties and for other
good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties and the Escrow Agent agree as follows: 

ARTICLE 1 
 ESCROW DEPOSIT 

Section 1.1. Receipt of Escrow Property. The Escrow Agent acknowledges the receipt of $1,250,000 (the “Escrow Property”) in immediately
available funds. 
 Section 1.2. Investments. 

(a) The Escrow Agent shall invest the Escrow Property, including any and all interest and investment income, in accordance with the written
instructions provided to the Escrow Agent and the Seller jointly signed by the authorized representatives of the Parties. In the absence of written investment instructions from the Parties, the Escrow Agent shall deposit and invest the Escrow
Property, including any and all interest and investment income, in the M&T Bank Corporate Deposit Account, which is further described herein on Exhibit A. Any investment earnings and income on the Escrow Property shall not become part of
the Escrow Property and shall be disbursed to Seller quarterly. 
 (b) The Escrow Agent is hereby authorized and directed to sell or redeem
any such investments as it deems necessary to make any payments or distributions required under this Escrow Agreement. The Escrow Agent shall have no responsibility or liability for any loss which may result from any investment or sale of investment
made pursuant to this Escrow Agreement, other than as a result of the gross negligence or willful misconduct of the Escrow Agent. The Escrow Agent is hereby authorized, in making or disposing of any investment

  
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 Execution Version 
  

 
permitted by this Escrow Agreement, to deal with itself (in its individual capacity) or with any one or more of its affiliates, whether it or any such affiliate is acting as agent of the Escrow
Agent or for any third person or dealing as principal for its own account. The Parties acknowledge that the Escrow Agent is not providing investment supervision, recommendations, or advice. 

Section 1.3. Disbursements. 
 (a) The
Escrow Agent shall disburse the Escrow Property in accordance with joint written instructions from the Parties signed by an authorized representative of each Party (a “Joint Notice”). 

Except as provided in Section 3.5, Escrow Agent shall pay and disburse the Escrow Property only as follows: 

(i) to Buyer or Seller, as specified in any Joint Notice received by Escrow Agent; or 

(ii) to Seller on the first Business Day following the fifteen (15) month anniversary of the date of this Agreement, the Escrow Property
balance in excess of the dollar amount of all claims pursuant to Claim Notices (as defined below) delivered by Buyer and remaining unresolved as of such date. 

Notwithstanding any provision hereof to the contrary, at any time prior to 5:00 p.m., New York time on the date that is the fifteen
(15) month anniversary of the date of this Agreement, Buyer may deliver to the Escrow Agent and Seller a notice (a “Claim Notice”), indicating that Buyer has asserted a claim for indemnification pursuant to Section 10.2 of the
Purchase Agreement. Upon receipt of a Claim Notice, the Escrow Agent shall continue to hold the amount asserted in such Claim Notice in the Escrow Property and disburse the same only in accordance with a Joint Notice or in accordance with
Section 3.5 of this Escrow Agreement. The Escrow Agent may assume without further act that Seller has received Claim Notices on the same date that it has received such notices. 

Buyer and Seller hereby agree to timely execute and deliver any Joint Notice necessary to cause Escrow Agent to make disbursements required
under the Purchase Agreement from the Escrow Property, as contemplated by this Escrow Agreement. The Escrow Agent shall distribute the Escrow Property or any portion thereof in accordance with the payment instructions set forth in the Joint Notice
from the Escrow Property as soon thereafter as possible using commercially reasonable efforts, but in any event, no later than five (5) business days following the Escrow Agent’s receipt of a Joint Notice. 

(b) In the event that Escrow Agent makes any payment to any other party pursuant to this Escrow Agreement and for any reason such payment (or
any portion thereof) is required to be returned to the Escrow Property or another party or is subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a receiver, trustee or other party under any
bankruptcy or insolvency law, other federal or state law, common law or equitable doctrine, then the recipient shall repay to the Escrow Agent upon written request the amount so paid to it. 

  
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 (c) The Escrow Agent shall, if advised by legal counsel of its choosing that the same is
binding upon the Escrow Agent, comply with judgments or orders issued or process entered by any court with respect to the Escrow Property, including without limitation any attachment, levy or garnishment, without any obligation to determine such
court’s jurisdiction in the matter and in accordance with its normal business practices. If the Escrow Agent complies with any such judgment, order or process, then it shall not be liable to any Party or any other person by reason of such
compliance, regardless of the final disposition of any such judgment, order or process. 
 (d) In the event that a Party gives funds transfer
instructions (other than in writing at the time of execution of this Escrow Agreement), whether in writing, by telecopier or otherwise, the Escrow Agent is authorized to seek confirmation of such instructions by telephone call-back to the authorized
person or persons of such Party, and the Escrow Agent may rely upon the confirmations of anyone purporting to be the person or persons so designated provided no call back is required if the Escrow Agent receives original instructions. The persons
and telephone numbers for callbacks may be changed only in a writing actually received and acknowledged by the Escrow Agent. The Parties agree that such security procedure is commercially reasonable. 

(e) Upon request the Escrow Agent will furnish monthly statements to the Parties setting forth the activity in the account in which the Escrow
Property is held (including all disbursements pursuant to the last sentence of Section 1.2(a)). 
 Section 1.4. Income Tax Allocation and
Reporting. 
 (a) The Parties agree that, for tax reporting purposes, all interest and other income from investment of the Escrow
Property shall, as of the end of each calendar year and to the extent required by the Internal Revenue Service, be reported as having been earned by Seller, whether or not such income was disbursed during such calendar year. 

(b) Prior to closing, the Parties shall provide the Escrow Agent with certified tax identification numbers by furnishing appropriate forms W-9
or W-8 and such other forms and documents that the Escrow Agent may request. The Parties understand that if such tax reporting documentation is not provided and certified to the Escrow Agent, the Escrow Agent may be required by the Internal Revenue
Code of 1986, as amended, and the regulations promulgated thereunder, to withhold a portion of any interest or other income earned on the investment of the Escrow Property. 

(c) To the extent that the Escrow Agent becomes liable for the payment of any taxes in respect of income derived from the investment of the
Escrow Property, the Escrow Agent shall satisfy such liability to the extent possible from the Escrow Property. The Parties, jointly and severally, shall indemnify, defend and hold the Escrow Agent harmless from and against any tax, late payment,
interest, penalty or other cost or expense that may be assessed against the Escrow Agent on or with respect to the Escrow Property and the investment thereof unless such tax, late payment, interest, penalty or other expense was as a result of the
gross negligence or willful misconduct of the Escrow Agent. The indemnification provided by this Section 1.4(c) is in addition to the indemnification provided in Section 3.1 and shall survive the resignation or removal of the Escrow Agent
and the termination of this Escrow Agreement. 

  
 3 

 Execution Version 
  

 Section 1.5. Termination. Upon the disbursement of all of the Escrow Property, including any
interest and investment earnings thereon, this Escrow Agreement shall terminate and be of no further force and effect except that the provisions of Sections 1.4(c), 3.1 and 3.2 hereof shall survive termination. 

ARTICLE 2 
 DUTIES OF THE ESCROW
AGENT 
 Section 2.1. Scope of Responsibility. Notwithstanding any provision to the contrary, the Escrow Agent is obligated only to perform the
duties specifically set forth in this Escrow Agreement, which shall be deemed purely ministerial in nature. Under no circumstances will the Escrow Agent be deemed to be a fiduciary to any Party or any other person under this Escrow Agreement. The
Escrow Agent will not be responsible or liable for the failure of any Party to perform in accordance with this Escrow Agreement. The Escrow Agent shall neither be responsible for, nor chargeable with, knowledge of the terms and conditions of any
other agreement, instrument, or document other than this Escrow Agreement, whether or not an original or a copy of such agreement has been provided to the Escrow Agent; and the Escrow Agent shall have no duty to know or inquire as to the performance
or nonperformance of any provision of any such agreement, instrument, or document. References in this Escrow Agreement to any other agreement, instrument, or document are for the convenience of the Parties, and the Escrow Agent has no duties or
obligations with respect thereto. This Escrow Agreement sets forth all matters pertinent to the escrow contemplated hereunder, and no additional obligations of the Escrow Agent shall be inferred or implied from the terms of this Escrow Agreement or
any other agreement. 
 Section 2.2. Attorneys and Agents. Except in cases of the Escrow Agent’s , willful misconduct or gross negligence,
the Escrow Agent shall be entitled to rely on and shall not be liable for any action taken or omitted to be taken by the Escrow Agent in accordance with the advice of counsel or other professionals retained or consulted by the Escrow Agent. The
Escrow Agent shall be reimbursed as set forth in Section 3.1 for any and all compensation (fees, expenses and other costs) paid and/or reimbursed to such counsel and/or professionals. The Escrow Agent may perform any and all of its duties
through its agents, representatives, attorneys, custodians, and/or nominees. 
 Section 2.3. Reliance. Except in cases of the Escrow
Agent’s willful misconduct or gross negligence, the Escrow Agent shall not be liable for (i) any action taken or not taken by it in accordance with the direction or consent of the Parties or their respective agents, representatives,
successors, or assigns or (ii) acting or refraining from acting upon any notice, request, consent, direction, requisition, certificate, order, affidavit, letter, or other paper or document believed by it to be genuine and correct and to have
been signed or sent by the proper person or persons, without further inquiry into the person’s or persons’ authority. Concurrent with the execution of this Escrow Agreement, the Parties shall deliver to the Escrow Agent authorized
representative forms in the form of Exhibit B-1 and Exhibit B-2 to this Escrow Agreement. 

  
 4 

 Execution Version 
  

 Section 2.4. Right Not Duty Undertaken. The permissive rights of the Escrow Agent to do things
enumerated in this Escrow Agreement shall not be construed as duties. 
 ARTICLE 3 

PROVISIONS CONCERNING THE ESCROW AGENT 

Section 3.1. Indemnification. The Parties hereby agree, jointly and severally, to indemnify Escrow Agent, its directors, officers, employees and
agents (collectively, the “Indemnified Parties”), and hold the Indemnified Parties harmless from any and against all liabilities, losses, actions, suits or proceedings at law or in equity, and any other expenses, fees or charges of any
character or nature, including, without limitation, attorney’s fees and expenses, which an Indemnified Party may incur or with which it may be threatened by reason of acting as or on behalf of Escrow Agent under this Escrow Agreement or arising
out of the existence of the Escrow Property, except to the extent the same shall be caused by Escrow Agent’s bad faith, gross negligence or willful misconduct. The terms of this paragraph shall survive termination of this Escrow Agreement. 

Section 3.2. Limitation of Liability. THE ESCROW AGENT SHALL NOT BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY (I) DAMAGES, LOSSES OR EXPENSES
ARISING OUT OF THE SERVICES PROVIDED HEREUNDER IN GOOD FAITH, OTHER THAN DAMAGES, LOSSES OR EXPENSES WHICH HAVE BEEN FINALLY ADJUDICATED TO HAVE DIRECTLY RESULTED FROM THE ESCROW AGENT’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, OR (II) SPECIAL,
INDIRECT OR CONSEQUENTIAL DAMAGES OR LOSSES OF ANY KIND WHATSOEVER (INCLUDING WITHOUT LIMITATION LOST PROFITS), EVEN IF THE ESCROW AGENT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES AND REGARDLESS OF THE FORM OF ACTION. 

Section 3.3. Resignation or Removal. The Escrow Agent may resign by furnishing written notice of its resignation to the Parties, and the Parties
may remove the Escrow Agent by furnishing to the Escrow Agent a joint written notice of its removal along with payment of all fees and expenses to which it is entitled through the date of termination. Such resignation or removal, as the case may be,
shall be effective thirty (30) days after the delivery of such notice or upon the earlier appointment of a successor, and the Escrow Agent’s sole responsibility thereafter shall be to safely keep the Escrow Property and to deliver the same
to a successor escrow agent as shall be appointed by the Parties, as evidenced by a joint written notice filed with the Escrow Agent or in accordance with a court order. If the Parties have failed to appoint a successor escrow agent prior to the
expiration of thirty (30) days following the delivery of such notice of resignation or removal, the Escrow Agent may petition any court of competent jurisdiction for the appointment of a successor escrow agent or for other appropriate relief,
and any such resulting appointment shall be binding upon the Parties. 

  
 5 

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 Section 3.4. Compensation. The Escrow Agent shall be entitled to compensation for its services as
stated in the fee schedule attached hereto as Exhibit C, which compensation shall be paid 50% by each Party. The fee agreed upon for the services rendered hereunder is intended as compensation for the Escrow Agent’s services as contemplated by
this Escrow Agreement; provided, however, that in the event that the conditions for the disbursement of funds under this Escrow Agreement are not fulfilled, or the Escrow Agent renders any service not contemplated in this Escrow Agreement, or there
is any assignment of interest in the subject matter of this Escrow Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Escrow
Agreement or the subject matter hereof, then the Escrow Agent shall be compensated for such extraordinary services at its standard rates in effect for such services from time to time and reimbursed for all costs and expenses, including reasonable
attorneys’ fees and expenses, occasioned by any such delay, controversy, litigation or event. If any amount due to the Escrow Agent hereunder is not paid within thirty (30) days of the date due, the Escrow Agent in its sole discretion may
charge interest on such amount up to the highest rate permitted by applicable law. The terms of this paragraph shall survive termination of this Agreement. 

Section 3.5. Disagreements. If any conflict, disagreement or dispute arises between, among, or involving any of the parties hereto concerning the
meaning or validity of any provision hereunder or concerning any other matter relating to this Escrow Agreement, or the Escrow Agent is in doubt as to the action to be taken hereunder, the Escrow Agent may, at its option, retain the Escrow Property
until the Escrow Agent (i) receives a final non-appealable order of a court of competent jurisdiction or a final non-appealable arbitration decision directing delivery of the Escrow Property delivered by the prevailing Party to Escrow Agent (an
“Order”) along with (x) a letter from counsel for the prevailing Party certifying that such order is final and non-appealable and (y) a written instruction from an authorized representative of the prevailing Party given to
effectuate such order or, (ii) receives a Joint Notice, in which event the Escrow Agent shall be authorized to disburse the Escrow Property in accordance with such Joint Notice, or (iii) files an interpleader action in any court of
competent jurisdiction, and upon the filing thereof, the Escrow Agent shall be relieved of all liability as to the Escrow Property and shall be entitled to recover attorneys’ fees, expenses and other costs incurred in commencing and maintaining
any such interpleader action. The Escrow Agent shall be entitled to act on any such agreement, court order, or arbitration decision without further question, inquiry, or consent. In the event that the Escrow Agent receives an Order and the other
documentation set forth in clause (i) of this Section 3.5, the Escrow Agent shall distribute the Escrow Property or any portion thereof as directed in such Order as soon thereafter as possible using commercially reasonable efforts, but in
any event, no later than five (5) business days following the Escrow Agent’s receipt of such Order and other documentation. 
 Section 3.6.
Merger or Consolidation. Any corporation or association into which the Escrow Agent may be converted or merged, or with which it may be consolidated, or to which it may sell or transfer all or substantially all of its corporate trust business
and assets as a whole or substantially as a whole, or any corporation or association resulting from any such conversion, sale, merger, consolidation or transfer to which the Escrow Agent is a party, shall be and become the successor escrow agent
under this Escrow Agreement and shall have and succeed to the rights, powers, duties, immunities and privileges as its predecessor, without the execution or filing of any instrument or paper or the performance of any further act. 

  
 6 

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 Section 3.7. Attachment of Escrow Property; Compliance with Legal Orders. In the event
that any Escrow Property shall be attached, garnished or levied upon by any court order, or the delivery thereof shall be stayed or enjoined by an order of a court, or any order, judgment or decree shall be made or entered by any court order
affecting the Escrow Property, the Escrow Agent is hereby expressly authorized, to comply with all writs, orders or decrees so entered or issued, which it is advised by legal counsel of its own choosing is binding upon it, whether with or without
jurisdiction. Except in cases of the Escrow Agent’s willful misconduct or gross negligence, in the event that the Escrow Agent obeys or complies with any such writ, order or decree it shall not be liable to any of the Parties or to any other
person, firm or corporation, should, by reason of such compliance notwithstanding, such writ, order or decree be subsequently reversed, modified, annulled, set aside or vacated.  

Section 3.8 Force Majeure. Except in cases of the Escrow Agent’s willful misconduct or gross negligence, the Escrow Agent shall not be
responsible or liable for any failure or delay in the performance of its obligation under this Escrow Agreement arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of
God; earthquakes; fire; flood; wars; acts of terrorism; civil or military disturbances; sabotage; epidemic; riots; interruptions, loss or malfunctions of utilities, computer (hardware or software) or communications services; accidents; labor
disputes; acts of civil or military authority or governmental action; it being understood that the Escrow Agent shall use commercially reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as
soon as reasonably practicable under the circumstances. 
 Section 3.9 Compliance with Legal Orders. Escrow Agent shall be entitled to consult
with legal counsel in the event that a question or dispute arises with regard to the construction of any of the provisions hereof, and shall incur no liability and shall be fully protected in acting in accordance with the advice or opinion of such
counsel. 
 Section 3.10 Disagreements. In the event Escrow Agent receives conflicting instructions hereunder, Escrow Agent shall be fully
protected in refraining from acting until the Escrow Agent shall be directed otherwise in accordance with (i) a Joint Notice or (ii) an Order and the other documentation set forth in Section 3.5(i) hereof. 

Section 3.11 No Financial Obligation. Escrow Agent shall not be required to use its own funds in the performance of any of its obligations or
duties or the exercise of any of its rights or powers, and shall not be required to take any action which, in Escrow Agent’s sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity which
it deems, in its sole and absolute discretion, to be satisfactory. 
 ARTICLE 4 

MISCELLANEOUS 
 Section 4.1. Successors
and Assigns. This Escrow Agreement shall be binding on and inure to the benefit of the Parties and the Escrow Agent and their respective successors and permitted assigns. No other persons shall have any rights under this Escrow Agreement. No
assignment of the interest of any of the Parties shall be binding unless and until written notice of such assignment shall be delivered to the other Party and the Escrow Agent and shall require the prior written consent of the other Party and the
Escrow Agent (such consent not to be unreasonably withheld). 

  
 7 

 Execution Version 
  

 Section 4.2. Escheat. The Parties are aware that under applicable state law, property which is
presumed abandoned may under certain circumstances escheat to the applicable state. The Escrow Agent shall have no liability to the Parties, their respective heirs, legal representatives, successors and assigns, or any other party, should any or all
of the Escrow Property escheat by operation of law. 
 Section 4.3. Notices. All notices, requests, demands, and other communications required
under this Escrow Agreement shall be in writing, in English, and shall be deemed to have been duly given if delivered (i) personally, (ii) by facsimile transmission with written confirmation of receipt, (iii) by overnight delivery
with a reputable national overnight delivery service, or (iv) by mail or by certified mail, return receipt requested, and postage prepaid. If any notice is mailed, it shall be deemed given five business days after the date such notice is
deposited in the United States mail. If notice is given to a party, it shall be given at the address for such party set forth below. It shall be the responsibility of the Parties to notify the Escrow Agent and the other Party in writing of any name
or address changes. In the case of communications delivered to the Escrow Agent, such communications shall be deemed to have been given on the date received by the Escrow Agent. 

If to Buyer: 
 Logo Sportswear
Inc. 
 c/o Gladstone Investment Corporation 

1521 Westbranch Drive 
 Suite 200

 McLean, VA 22102 
 Attention:
Portfolio Manager 
 Fax: (703) 287-5801 

  
 8 

 Execution Version 
  

 If to Seller: 

CafePress Inc. 
 6901 Riverport
Drive 
 Louisville, KY 40258 

Attention: General Counsel 
 Fax:
                     
 If to the
Escrow Agent: 
 Wilmington Trust, N.A. 

Corporate Client Services 
 50
South Sixth Street, Ste. 1290 
 Minneapolis, MN 55402 

Attn: Andrew Wassing 
 Fax:
(612) 217-5651 
 Section 4.4. Governing Law. This Escrow Agreement shall be governed by and construed in accordance with the laws of the
State of Delaware. 
 Section 4.5. Entire Agreement. This Escrow Agreement sets forth the entire agreement and understanding of the parties with
respect to the subject matter hereof. 
 Section 4.6. Amendment. This Escrow Agreement may be amended, modified, superseded, rescinded, or
canceled only by a written instrument executed by the Parties and the Escrow Agent. 
 Section 4.7. Waivers. The failure of any party to this
Escrow Agreement at any time or times to require performance of any provision under this Escrow Agreement shall in no manner affect the right at a later time to enforce the same performance. A waiver by any party to this Escrow Agreement of any such
condition or breach of any term, covenant, representation, or warranty contained in this Escrow Agreement, in any one or more instances, shall neither be construed as a further or continuing waiver of any such condition or breach nor a waiver of any
other condition or breach of any other term, covenant, representation, or warranty contained in this Escrow Agreement. 
 Section 4.8. Headings.
Section headings of this Escrow Agreement have been inserted for convenience of reference only and shall in no way restrict or otherwise modify any of the terms or provisions of this Escrow Agreement. 

Section 4.9. Counterparts. This Escrow Agreement may be executed in one or more counterparts, each of which when executed shall be deemed to be an
original, and such counterparts shall together constitute one and the same instrument. 

  
 9 

 Execution Version 
  

 Section 4.10. Waiver of Jury Trial. EACH OF THE PARTIES HERETO EXPRESSLY WAIVES THE
RIGHT TO TRIAL BY JURY IN RESOLVING ANY CLAIM OR COUNTERCLAIM RELATING TO OR ARISING OUT OF THIS ESCROW AGREEMENT. 
 [The remainder of
this page left intentionally blank.] 

  
 10 

 IN WITNESS WHEREOF, this Escrow Agreement has been duly executed as of the date
first written above. 
  

			
	LOGO SPORTSWEAR INC.
		
	By:		  

	
	Name: Carson Biederman
	
	Title: Vice President
	
	CAFEPRESS INC.
		
	By:		  

		
	Name:		
		
	Title:		
	
	WILMINGTON TRUST, NATIONAL
	ASSOCIATION, as Escrow Agent
		
	By:		  

		
	Name:		  

		
	Title:		  

 [Signature Page to Escrow Agreement] 

 EXHIBIT A 

Agency and Custody Account Direction 

For Cash Balances 

Manufacturers & Traders Trust Company Deposit Accounts 

 EXHIBIT B-1 

Certificate as to Authorized Signatures 

 EXHIBIT B-2 

Certificate as to Authorized Signatures 

 Exhibit C 

Fees of Escrow Agent 

 EXHIBIT B 

TRANSITION SERVICES AGREEMENT 

This TRANSITION SERVICES AGREEMENT (this “Agreement”) is made and entered into as of
                    , 2015 (the “Closing Date”), by and between Logo Sportswear Inc., a Delaware corporation
(“Buyer”), and CafePress, Inc., a Delaware corporation (“Seller”). The Buyer and the Seller are referred to herein as the “Parties”. Capitalized terms set forth herein but not otherwise defined
herein shall have the meanings assigned to them in the Asset Purchase Agreement (as defined below). 
 Article I. RECITALS 

WHEREAS, Buyer and Seller have entered into an Asset Purchase Agreement, dated as of February 20, 2015 (the “Asset Purchase
Agreement”), and the execution and delivery of this Agreement is a condition to consummating the transactions contemplated by the Asset Purchase Agreement; and 

WHEREAS, in connection with the transactions contemplated by the Asset Purchase Agreement, the Buyer and Seller desire that the Seller provide
certain transition services relating to the Business as set forth in this Agreement. 
 WHEREAS, the parties recognize that in the
transition process the performance of Seller will be dependent, in part, on the performance of the Buyer and certain external parties such as governmental agencies, vendors and others. 

NOW, THEREFORE, in consideration of the premises and the mutual representations, warranties, covenants and agreements contained in this
Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto, each intending to be legally bound, agree as follows: 

1. Transition Services. 

(a) During the term of this Agreement as set forth in Section 8 (the “Transition Period”), and subject to the
terms and conditions set forth herein, Seller shall provide, or cause one or more of its Affiliates to provide, on a commercially reasonable efforts basis, the services specified on Annex A hereto (each of the categories described on Annex
A, a “Service” and, collectively, the “Services”) from the Closing Date and for the period after the Closing Date with respect to each such Service as set forth in Annex A, which shall be provided in a
manner consistent in all material respects with that provided by Seller or one or more of its Affiliates to the Business during the six (6) month period immediately prior to the Closing Date. Buyer shall purchase and pay for such Services
pursuant to this Section 1(a) as provided for herein. The Services provided by Seller hereunder shall only be made available for, and Buyer shall only be entitled to utilize such Services for the benefit of the Business. 

 (b) The fees payable for each Service shall be as set forth on Annex A; provided,
however, that in the event any fees for Services are not set forth on Annex A, such Services shall be provided on a Cost Recovery Basis. As used herein, “Cost Recovery Basis” means the aggregate sum (such aggregate sum as
determined and calculated by the Providing Party in its reasonable discretion) of all expenses, costs, fees, penalties and assessments resulting from the provision of Services to the Receiving Party by the Providing Party (other than such expenses,
costs, fees, penalties and assessments resulting from a breach of (a) this Agreement or any other agreement related to the Services or (b) applicable Legal Requirements, in each case, by the Providing Party), and charges on a “direct
cost basis” directly incurred in connection with performing the Services, including, but not limited to (i) variable (and excluding fixed) expenses and (ii) any goods and services taxes payable with respect to the applicable Services
provided. The Parties acknowledge that some of the Services that may be provided hereunder require instructions and information from the party receiving such Services (the “Receiving Party”), which shall be provided in sufficient
time for the party providing such Services (the “Providing Party”) or its Affiliates to provide or procure such Services. The Receiving Party shall pay any additional costs or expenses resulting from any failure of the Receiving
Party to provide such instructions or information, provided that the Providing party shall use reasonable efforts to mitigate any such costs. 

(c) The Parties shall cooperate and use commercially reasonable efforts to obtain the consent of any licensors of Software or any other third
party that may be required in connection with the provision of any of the Services hereunder; provided, however, that the Providing Party shall have no obligation to pay money or grant any accommodation to any third party in order to
obtain any such consents, except to the extent the Receiving Party agrees to reimburse the Providing Party for any such payment made by the Providing Party at the request of the Receiving Party. If any such third party requires a payment in order to
make the Services available to the Receiving Party hereunder, each Party shall promptly notify the other Party of this additional cost and the Parties shall use all reasonable best efforts to provide an alternative arrangement to achieve the results
intended (and the Parties shall cooperate with respect thereto). In any such case, the Receiving Party shall have the option to elect (i) to pay any amounts that are required to be paid to any third party to obtain the consent of such third
party in order to receive the Services hereunder or (ii) to terminate any of the Services associated with the required consent. Seller represents that, to its knowledge, as of the date hereof, no such consent is required with respect to any of
the Services except as set forth in Schedule          hereto. 
 (d) The Providing Party shall use
commercially reasonable efforts to provide the Services in a manner consistent in all material respects with the degree of care, diligence, priority, frequency and volume provided by Seller prior to the Closing Date (unless expressly specified
otherwise in Annex A). 
 2. Representatives. Buyer and Seller shall each designate one representative to act as a contact
person with respect to all issues relating to the provision of Services under this Agreement. The initial Buyer representative shall be          and the initial Seller representative shall be
        . Each representative’s contact information is set forth on Annex B hereto. 

3. Limitation on Services. Except as set forth on Annex A, the Providing Party shall have no obligation to upgrade, enhance or
otherwise modify any computer hardware, Software or network environment currently used in the Business or to provide any support or maintenance services for any computer hardware, Software or network environment that has been upgraded, enhanced or
otherwise modified from the computer hardware, Software or network environments that is currently used in the Business. 

  
 - 2 - 

 4. Additional Services. If the Receiving Party reasonably determines that additional
transition services (“Additional Services”) are necessary to complete the transition, the Providing Party will consider in good faith providing such services to the Receiving Party. Representatives of the Providing Party and the
Receiving Party will meet to discuss the terms and conditions (including cost) upon which such Additional Services will be provided. Any such Additional Services mutually agreed to and the fees therefor shall be effective as of the date of execution
of an amendment to this Agreement by duly authorized representatives of the Parties hereto. It is understood and agreed that the Providing Party shall be under no obligation to provide or procure any such Additional Services requested by the
Receiving Party. 
 5. Subcontractors. The Providing Party may, directly or through one or more of its Affiliates, hire or engage
(and/or continue to engage) one or more subcontractors or other third parties (each, a “Subcontractor”) to perform any or all of its obligations under this Agreement; provided, that: (i) the Providing Party remains ultimately
responsible for ensuring that the obligations with respect to the nature, quality and standards of care set forth in Section 12 are satisfied with respect to any Service provided by any Subcontractor; (ii) the use of any
Subcontractor will not increase any costs, fees or expenses payable by the Receiving Party hereunder; and (iii) the use of any Subcontractor will not adversely affect the quality or timeliness of delivery of any Service provided to the
Receiving Party. 
 6. Title to The Providing Party’s Equipment; Management and Control. 

(a) All procedures, methods, systems, strategies, tools, equipment, facilities and other resources used by a Providing Party, any of its
Affiliates or any Subcontractor in connection with the provision of Services hereunder (collectively, the “Provider’s Equipment”) shall remain the property of such Providing Party, its Affiliates or such Subcontractor, and,
except as otherwise provided herein, shall at all times be under the sole direction and control of such Providing Party, its Affiliates or such Subcontractor. 

(b) Except as otherwise provided herein, management of, and control over, the provision of the Services (including the determination or
designation at any time of the Provider’s Equipment, employees and other resources of the Providing Party, its Affiliates or any Subcontractor to be used in connection with the provision of the Services) shall reside solely with such Providing
Party. Without limiting the generality of the foregoing, all labor matters relating to any employees of the Providing Party, its Affiliates and any Subcontractor shall be within the exclusive control of such parties, and the Receiving Party shall
take no action affecting, or have any rights with respect to, such matters. The Providing Party shall be solely responsible for the payment of all salary and benefits and all income tax, social security taxes, unemployment compensation, tax,
workers’ compensation tax, other employment taxes or withholdings and premiums and remittances with respect to employees of the Providing Party and its Affiliates, and amounts due to any Subcontractor or independent contractor, used to provide
such Services. 

  
 - 3 - 

 7. Billing and Payment. 

(a) The Receiving Party shall promptly pay any bills and invoices that it receives from the Providing Party or any of its Affiliates for
Services provided under this Agreement, subject to receiving, if requested, any appropriate support documentation for such bills and invoices. Such charges shall be billed at the end of each calendar month. Unless otherwise provided herein or on
Annex A, the Receiving Party shall pay all invoices by wire transfer of immediately available funds in accordance with the instructions provided by the Providing Party or any of its Affiliates (in writing to the Receiving Party), as
applicable, not later than fifteen (15) days following receipt by the Receiving Party of an invoice from the Providing Party or any of its Affiliates. The Receiving Party shall be entitled to offset any amounts owing to it by the Providing
Party or any of the Providing Party’s Affiliates against amounts payable by the Receiving Party hereunder or under any other agreement or arrangement. Should the Receiving Party dispute any portion of any invoice, the Receiving Party shall
promptly notify the Providing Party in writing of the nature and basis of the dispute. 
 (b) All charges and fees to be paid by the
Receiving Party to the Providing Party and its Affiliates under this Agreement are exclusive of any applicable taxes required by law to be collected from the Receiving Party (including withholding, sales, use, excise or services taxes, which may be
assessed on the provision of the Services hereunder). If a withholding, sales, use, excise or services tax is assessed on the provision of any of the Services provided under this Agreement, the Receiving Party shall pay directly, reimburse or
indemnify the Providing Party and its Affiliates for such tax. The Parties shall cooperate with each other in determining the extent to which any tax is due and owing under the circumstances, and shall provide and make available to each other any
resale certificate, information regarding out-of-state use of materials, services or sale, and other exemption certificates or information reasonably requested by the other Party. 

8. Term of Agreement; Termination. 

(a) Unless earlier terminated under the terms hereof or extended in accordance with this Section 8(a) or by written agreement of
the Parties hereto, this Agreement will expire with respect to each Service on the date on which the Receiving Party commences such Service (or a substitute therefore) on its own behalf (the “Transition Date”), which shall be a date
no later than the date on which the maximum duration specified in the Annex A for such Service has expired and in any event, no later than twelve (12) months following the Closing Date (except as specifically agreed upon by the parties).
Neither the Providing Party nor any of its Affiliates shall be obligated to provide Services on behalf of the Receiving Party following the expiration or earlier termination of this Agreement or any particular Service. The Receiving Party shall make
commercially reasonable efforts to discontinue its use of the Services as soon as possible after the date hereof. 
 (b) Upon the occurrence
of the final Transition Date (whether by actual transfer of relevant Services to the Receiving Party or its agent or expiration of the maximum duration specified for such Service) for the last remaining Service to be provided hereunder, this
Agreement shall automatically terminate. 

  
 - 4 - 

 (c) The Providing Party may terminate this Agreement with respect to one or more Services
immediately upon notice to the Receiving Party in the event of the failure of the Receiving Party to make undisputed payments within ten (10) days of when due provided that such termination shall be limited solely to the portion of the
individual Service affected by such non-payment. 
 (d) Either the Receiving Party or the Providing Party may terminate this Agreement in
whole (except as set forth below) or with respect to one or more Services immediately upon notice to the other Party: 
 (i)
if the other Party files a petition of bankruptcy or the equivalent thereof or is the subject of an involuntary petition in bankruptcy that is not dismissed within sixty (60) days after the filing date thereof, or is or becomes insolvent, or
admits of a general inability to pay its debts as they become due (except where the Party in question is still able to pay fees due under this Agreement as they become due); or 

(ii) upon the material breach of this Agreement by another Party where such breach is not remedied to the reasonable
satisfaction of the Party wishing to terminate this Agreement within thirty (30) days after written notice thereof has been given by such Party. 

(e) Notwithstanding any other provision in this Agreement to the contrary, if this Agreement is terminated for any reason, the Receiving Party
shall remain liable for the payment of fees and expenses accruing for the period prior to termination even though such fees may not become due until after termination. Further, in the event of termination of this Agreement pursuant to this
Section 8, Sections 6(a), 7(a), 8, 9, 13, 14, 16, and 19 through 25 shall continue in full force and effect. 

(f) Provided that the Receiving Party has met and continues to meet its obligations set forth in Section 7, prior to the
termination of this Agreement, the Providing Party shall cooperate with the Receiving Party as reasonably requested by the Receiving Party to effect an orderly transition of the Services provided hereunder and shall use commercially reasonable
efforts to assist the Receiving Party to complete the transition as promptly as practicable. In addition, the Providing Party will facilitate and support the Receiving Party in the conversion of all necessary systems from the Providing Party’s
systems to the Receiving Party’s systems, including support of the mapping and transferring of files. The Parties agree to cooperate in good faith and to use their commercially reasonable efforts to mutually develop a conversion plan to effect
the orderly transition of the Services from the Providing Party’s systems to the Receiving Party’s systems. In connection therewith, the Parties will in good faith consider modifications to the initial service periods. The Receiving Party
agrees to pay the Providing Party for such conversion services on the basis of the Providing Party’s direct costs, administrative support costs and costs associated with special requests. 

9. Partial Termination. Subject to Section 8(f), the Receiving Party may terminate any or all of the Services at any time
prior to the expiration of the period specified on Annex A (including any renewal period) upon at least thirty (30) days’ prior written notice to the Providing Party, unless otherwise indicated on Annex A. As soon as
reasonably practicable 

  
 - 5 - 

 
following receipt of any such notice, the Providing Party shall advise the Receiving Party in writing as to whether termination of such Services shall reasonably require the termination or
partial termination of, or otherwise affect the provision of, any other Services. If such is the case, the Receiving Party may withdraw its termination notice in writing within five (5) days of being so advised by the Providing Party.
Otherwise, such termination shall be final. 
 10. Personnel. 

(a) From the Closing Date until the termination of this Agreement, each Party shall employ or retain all employees and other personnel and
resources necessary, as determined by the Providing Party in its sole discretion, to enable it to perform the Services and its other obligations hereunder; provided, however, that nothing set forth in this Section 10 shall
limit the standards of performance required under this Agreement, including, but not limited to, the requirements set forth in Section 12 of this Agreement. 

(b) If the employment of any Transferred Employee or employee of Seller (collectively, the “Service Employees”) who is
primarily dedicated to the Services under this Agreement is terminated (each such Service Employee whose employment is so terminated, a “Former Employee”), whether voluntarily or involuntarily, the Party with whom such Former
Employee was employed at the time of termination shall use commercially reasonable efforts to replace such Former Employee with an employee or independent contractor having like competence and qualifications (taking into account the original job
description for the relevant position). Nothing herein shall prevent a Party from terminating the employment of any Service Employee. 

11. Covenants of the Parties. 

(a) The information that each Party provides to the other under this Agreement shall be, to the best of that Party’s knowledge, complete
and accurate as of the date that it is delivered. 
 (b) Each Party shall comply with all applicable Legal Requirements in all material
respects in connection with the performance of this Agreement. 
 (c) The Receiving Party shall take all steps reasonably necessary to permit
the Providing Party to provide its Services hereunder on a timely basis and in accordance with the service standards set forth in this Agreement and the Annex hereto, including, but not limited to, responding to all correspondence and communications
of any Party within a reasonable period of time. 
 (d) Each Party may request of another Party reports and information as they relate to the
Services provided under this Agreement, subject to the confidentiality requirements of Section 14 hereof, with such reports and information being delivered within a reasonable time following such request. Access to reports and
information will be provided by each Party to any other Party as is reasonably required to enable each Party to perform any Service required hereunder. 

  
 - 6 - 

 12. Standards of Performance. 

(a) The Seller shall provide all Services hereunder in accordance with the standards set forth herein and the Annex and in a professional,
ethical and businesslike manner consistent with general industry standards. The Seller shall comply with the terms of any third party agreements in providing Services hereunder. 

(b) The Parties hereby agree that in every instance they shall protect, enhance and promote the good name and reputation of the other Parties
hereto, and refrain from any activity that could harm the name or reputation of any of the Parties hereto. 
 (c) The Seller shall use
commercially reasonable efforts in the performance of the Services and its respective duties hereunder. Furthermore, Seller shall use commercially reasonable efforts to avoid commingling any of the Buyer’s business records, material,
Confidential Information and other data with its own such business records, material, Confidential Information and other data. 
 (d) Each
Party shall inform the other Parties of all material developments, issues or problems related to the Services in a timely manner as soon as reasonably practicable following the occurrence thereof. 

(e) Nothing in this Agreement shall require or be interpreted to require the Providing Party to provide to the Receiving Party any Service
beyond the scope and content of this Agreement, except as otherwise mutually agreed by the Parties in writing and pursuant to the applicable provisions hereof. 

13. Relationship of the Parties. 

(a) It is expressly understood and agreed that the Parties are independent contractors of each other for all and any purposes whatsoever. 

(b) Nothing contained in this Agreement nor the consummation of the transactions contemplated herein shall be construed to create a
partnership, association, joint venture, agency relationship or the relationship of employer and employee between the Parties, nor shall their officers, directors, or employees be considered employees of another Party for any purpose. Nothing in
this Agreement shall permit any Party to create or assume any obligation on behalf of, or otherwise bind, another Party for any purpose. No Party shall have any power to act for or represent another Party, except as expressly set forth herein, and
shall not hold itself out as the agent of another Party. 
 (c) No Party, nor its employees, contractors or subcontractors shall be deemed to
be employees, contractors or subcontractors of any other Party, it being fully understood and agreed that no employees of any Party are entitled to benefits or compensation from any other Party. Each Party is wholly responsible for withholding and
payment of all applicable federal, state and local and other payroll taxes with respect to its own employees, including any contributions from them as required by law. 

  
 - 7 - 

 14. Confidentiality. The Parties acknowledge that Buyer and Seller have previously
executed a Confidentiality Agreement dated [            ] (the “Confidentiality Agreement”), which Confidentiality Agreement shall continue in full force and effect in
accordance with its terms. Without limiting the foregoing, all information furnished to Buyer and its officers, employees, accountants and counsel by the Seller in connection with this Agreement, and all information furnished to the Seller by Buyer
and its officers, employees, accountants and counsel pursuant to this Agreement, shall be covered by the Confidentiality Agreement, and Buyer and Seller shall be fully liable and responsible under the Confidentiality Agreement for any breach of the
terms and conditions thereof by their respective subsidiaries, officers, employees, accountants, counsel and other Representatives. Furthermore, without limiting the foregoing, each of the parties hereto hereby agrees to keep the subject matter of,
and the terms and conditions of, this Agreement (except to the extent contemplated hereby) or pursuant to the negotiation and execution of this Agreement or the effectuation of the transactions contemplated hereby, confidential; provided,
however, that the foregoing shall not apply to information or knowledge which (a) a party can demonstrate was already lawfully in its possession prior to the disclosure thereof by the other party, (b) is generally known to the public
and did not become so known through any violation of applicable Legal Requirements, (c) became known to the public through no fault of such party, (d) is later lawfully acquired by such party without confidentiality restrictions from other
sources not bound by applicable confidentiality restrictions, (e) is required to be disclosed by Legal Requirements (including federal and state securities laws and the rules and regulations of any national securities exchange applicable to
either Buyer or Seller), or by order of court or Governmental Authority with subpoena powers (provided that such party shall have provided the other party with prior notice of such disclosure and an opportunity to object or seek a protective order
and take any other available action) or (f) which is disclosed in the course of any action or proceeding between the Parties. 
 15.
Third Party Non-Disclosure Agreements. To the extent that any third party proprietor of information or Software to be disclosed or made available to the Receiving Party in connection with performance of the Services hereunder requires a specific
form of non-disclosure agreement as a condition of its consent to use of the same for the benefit of the Receiving Party or to permit the Receiving Party access to such information or Software, the Receiving Party shall execute (and shall cause the
Receiving Party’s employees to execute, if required) any such form in substantially the same form executed by the Providing Party (if required). 

16. Indemnity; Limitation of Liability; Disclaimer. 

(a) Buyer shall indemnify, defend and hold harmless Seller and its Affiliates, Subcontractors, and any other Providing Parties, and their
respective Representatives, successors and assigns (collectively, the “Seller Group Members”) from and against any and all Damages which are now or hereafter asserted against or incurred, sustained or suffered by any of the Seller
Group Members relating to, arising out of or resulting from (i) the performance or non-performance of any of the Services by any of the Seller Group Members, (ii) any information, data, documents or other materials delivered in connection
with any of the Services or this Agreement (the “Deliverables”), (iii) any equipment, programs, systems, or other tangible or intangible property, of any kind used in connection with any of the Services (the
“Tools”), or (iv) the breach of any covenant or obligation of Buyer or any Receiving Party hereunder, 

  
 - 8 - 

 
regardless of whether or not such Damages relate to any third party claim, except to the extent such Damages are caused by the material breach of this Agreement by, or the gross negligence or
willful misconduct of, Seller or Seller’s Affiliates in providing the Services hereunder. Seller shall indemnify and hold Buyer and its Affiliates harmless from and against any and all Damages which are now or hereafter asserted against or
incurred, sustained or suffered by any of them relating to, arising out of or resulting from any third party claim based upon the gross negligence, or willful misconduct of Seller, except to the extent such Damages are caused by the gross
negligence, willful misconduct or material breach of this Agreement by Buyer or its Affiliates. 
 (b) Neither Party nor any of its
Affiliates shall be liable to the other Party, its Affiliates or any third party for, and each Party irrevocably waives any claim to (i) any special, incidental, punitive, exemplary, multiplied, indirect, or consequential (including loss of
revenues or profits) damages of any kind and (ii) any attorney fees, costs and prejudgment interest, in each case arising from any claim relating to this Agreement or any of the Services to be provided hereunder or the performance of or failure
to perform such Party’s obligations under this Agreement, whether such claim is based on warranty, contract, tort (including negligence or strict liability) or otherwise, all of which are hereby excluded by agreement of the Parties regardless
of whether or not any Party to this Agreement has been advised of the possibility of such damages; provided, however, that notwithstanding the foregoing, Buyer shall be liable to the Seller Group Members under Section 16(a) above for any such
damages, attorney fees, costs or prejudgment interest described in clauses (i) or (ii) above which are incurred, suffered or sustained by or paid to a third party, to the extent the third party claim is indemnifiable under such
Section 16(a). In addition, no Seller Group Member shall be liable to Buyer, Buyer’s Affiliates and any other Receiving Parties, and their respective Representatives, successors and assigns (collectively, the “Buyer Group
Members”) or any third party for any direct damages arising from any claim relating to this Agreement or any of the Services to be provided hereunder or the performance of or failure to perform the Seller’s or any Providing
Party’s obligations under this Agreement, except to the extent that such direct damages are caused by the gross negligence or willful misconduct of Seller or Seller’s Affiliates in providing the Services hereunder. 

(c) Notwithstanding any contrary provision hereof, except in the case of Seller’s obligations of indemnity as set forth in paragraph
16(a), the Seller Group Members’ cumulative aggregate liability to the Buyer Group Members arising out of or in connection with this Agreement, from any and all causes, whether based on contract, tort or any other legal theory, or other cause
of action, shall not exceed the greater of (i) the aggregate of one month’s fees for all Services, or (ii) the amount of fees paid by Buyer to Seller pursuant to this Agreement during the twelve 12 months prior to the date such cause
of action arose. Except in the case of gross negligence or willful misconduct by Seller, no Seller Group Member shall be liable for any Damages arising out of or relating to: (i) interoperability, access or interconnection of the Services with
applications, equipment, services, content or networks provided by Buyer or third parties; (ii) service defects, service levels, delays or interruptions or lost or altered messages or transmissions; or (iii) unauthorized access to or
theft, alteration, loss or destruction of Buyer’s or third parties’ applications, content, data, programs, information, network or systems. 

  
 - 9 - 

 (d) Except as specifically set forth in this Agreement, all Services and Deliverables are
provided by the Seller “AS-IS.” SELLER SPECIFICALLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO, ARISING OUT OF OR RELATED TO THIS AGREEMENT, THE SERVICES, THE DELIVERABLES OR THE TOOLS,
INCLUDING WITHOUT LIMITATION, THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR PURPOSE AND NON-INFRINGEMENT. 
 (e) All claims for
indemnification pursuant to this Section 16 shall be made in accordance with the procedures set forth in Section 10 of the Asset Purchase Agreement 

17. Force Majeure. If the Providing Party, any of its Affiliates or any Subcontractor is prevented from or delayed in complying, either
totally or in part, with any of the terms or provisions of this Agreement by reason of fire, flood, storm, strike, walkout, lockout or other labor trouble or shortage, delays by unaffiliated suppliers or carriers, shortages of fuel, power, raw
materials or components, any law, order, proclamation, regulation, ordinance, demand, seizure or requirement of any governmental authority, riot, civil commotion, war, rebellion, acts of terrorism, nuclear accident or other causes beyond the
reasonable control of any such Person or other acts of God, or acts, omissions or delays in acting by any governmental or military authority or the Receiving Party, then upon notice to the Receiving Party, the affected provisions and/or other
requirements of this Agreement shall be suspended during the period of such disability and the Providing Party shall have no liability to the Receiving Party, its Affiliates or any other Person in connection therewith. The Providing Party and the
Receiving Party shall make commercially reasonable efforts to remove such disability within thirty (30) days after giving notice of such disability; provided, however, that nothing in this Section 17 will be construed
to require the settlement of any strike, walkout, lockout or other labor dispute on terms which, in the reasonable judgment of the Providing Party, are contrary to its interest. It is understood that the settlement of a strike, walkout, lockout or
other labor dispute will be entirely within the discretion of the Providing Party. If the Providing Party is unable to provide any of the Services due to such a disability, each Party shall use its commercially reasonable efforts to cooperatively
seek a solution that is mutually satisfactory to the other Parties. In addition, upon becoming aware of a disability causing a delay in performance or preventing performance of any obligations of the Providing Party under this Agreement, the
Receiving Party shall have the right, but not the obligation, to engage subcontractors to perform such obligations for the duration of the period during which such disability delays or prevents the performance of such obligation by the Providing
Party. 
 18. Notices. be in writing and shall be personally delivered, mailed using first-class, registered, or certified mail,
postage prepaid, faxed or sent by electronic mail to the following addresses or to such other address as the parties hereto may designate in writing: 

Seller: 

CafePress Inc. 

1850 Gateway Drive, Suite 300 

San Mateo, CA 94404 

Attn: Chief Financial Officer 

Fax: 502-995-2231 

Email: gjackson@cafepress.com 

  
 - 10 - 

 with a copy to, which shall not constitute notice: 

Pillsbury Winthrop Shaw Pittman LLP 

2550 Hanover Street 

Palo Alto, CA 94304 

Attn: Jorge del Calvo 

Fax: (650) 233-4545 

Email: jorge@pillsburylaw.com 

Buyer: 

Digital Fuel Capital, LLC 

339 Auburn Street 

Suite 12 

Newton, MA 02446 

Attn: Carson Biederman 

Fax: (617) 467-6801 

Email: carson@digitalfuelcapital.com 

with a copy to, which shall not constitute notice: 

Dickstein Shapiro LLP 

1825 Eye Street, N.W. 

Washington, D.C. 20006-5403 

Attn: Emanuel Faust, Jr. 

Telephone: (202) 410-3127 

Fax: (202) 420-2201 

Email: fauste@dicksteinshapiro.com 

All such notices, requests, consents and other communications shall be deemed to be properly given (a) if delivered personally to the address as provided
in this Section, upon delivery, (b) if delivered by facsimile transmission or electronic mail to the facsimile number or email address as provided for in this Section 18, upon delivery confirmation if sent during normal business hours of
the recipient; if not, then on the next Business Day, (c) if sent by registered or certified mail, three (3) Business Days after the same has been deposited in the mail, addressed and postage prepaid as set forth above and (d) if
delivered by overnight courier to the address as provided in this Section 18, on the earlier of the first Business Day following the date sent by such overnight courier or upon receipt (in each case regardless of whether such notice, request or
other communication is received by any other Person to whom a copy of such notice is to be delivered pursuant to this Section 18). Any party from time to time may change its address, facsimile number or other information for the purpose of
notices to that party by giving notice specifying such change to the other party hereto. 

  
 - 11 - 

 19. Successors and Assigns. The rights of either Party under this Agreement shall not be
assignable by such Party hereto, other than to an Affiliate of such Party, without the prior written consent of the other Party; provided that any such assignment shall not relieve such Party from its obligations hereunder. This Agreement shall be
binding upon and inure to the benefit of the Parties hereto and their successors and permitted assigns. Nothing in this Agreement, expressed or implied, is intended or shall be construed to confer upon any Person other than the Parties and
successors and assigns permitted by this Section 19 any right, remedy or claim under or by reason of this Agreement. 
 20.
Entire Agreement; Amendments. This Agreement and the agreements and annexes referred to herein and the documents delivered pursuant hereto contain the entire understanding of the Parties hereto with regard to the subject matter contained herein
or therein, and supersede all other prior representations, warranties, agreements, understandings or letters of intent between or among any of the Parties hereto (it being understood, however, that the Asset Purchase Agreement and agreements
contemplated thereby, including the Confidentiality Agreement, set forth certain additional understandings between Seller and Buyer regarding their relationship after the Closing Date). This Agreement shall not be amended, modified or supplemented
except by a written instrument signed by an authorized representative of each of the Parties hereto. 
 21. Partial Invalidity.
Wherever possible, each provision hereof shall be interpreted in such manner as to be effective and valid under applicable law, but in case any one or more of the provisions contained herein shall, for any reason, be held to be invalid, illegal or
unenforceable in any respect, such provision shall be ineffective to the extent, but only to the extent, of such invalidity, illegality or unenforceability without invalidating the remainder of such invalid, illegal or unenforceable provision or
provisions or any other provisions hereof, unless such a construction would be unreasonable. 
 22. Waivers. Any term or provision of
this Agreement may be waived, or the time for its performance may be extended, by the Party or Parties entitled to the benefit thereof. Any such waiver shall be validly and sufficiently authorized for the purposes of this Agreement if, as to any
Party, it is authorized in writing by an authorized representative of such Party. The failure of any Party hereto to enforce at any time any provision of this Agreement shall not be construed to be a waiver of such provision, nor in any way to
affect the validity of this Agreement or any part hereof or the right of any Party thereafter to enforce each and every such provision. No waiver of any breach of this Agreement shall be held to constitute a waiver of any other or subsequent breach.

 23. Execution in Counterparts. This Agreement may be executed in one or more counterparts (including via facsimile or other
electronic transmission), each of which shall be considered an original instrument, but all of which shall be considered one and the same agreement, and shall become binding when one or more counterparts have been signed by each of the Parties
hereto and delivered to Seller and Buyer. 

  
 - 12 - 

 24. Governing Law. This Agreement shall be governed by, and construed and enforced in
accordance with, the internal laws of the state of Delaware, excluding that body of law pertaining to conflicts of laws. 
 25.
Interpretation. For purposes of this Agreement: (a) the words “include,” “includes” and “including” shall be deemed to be followed by the words “without limitation”; (b) the word “or”
is not exclusive; and (c) the words “herein,” “hereof,” “hereby,” “hereto” and “hereunder” refer to this Agreement as a whole. Unless the context otherwise requires, references herein
(i) to Sections mean the Sections of this Agreement and (ii) to an agreement, instrument or other document means such agreement, instrument or other document as amended, supplemented and modified from time to time to the extent permitted
by the provisions thereof and by this Agreement. Headings of Sections are inserted for convenience of reference only and shall not be deemed a part of or to affect the meaning or interpretation of this Agreement. This Agreement shall be construed
without regard to any presumption or rule requiring construction or interpretation against the Party drafting an instrument or causing any instrument to be drafted. 

26. Annexes. Annex A and B shall be construed with and as an integral part of this Agreement to the same extent as if it was set
forth verbatim herein. 
 [Signature Page Follows] 

  
 - 13 - 

 IN WITNESS WHEREOF, each of the Parties has caused this Agreement to be duly executed as of the
date set forth above, all effective as of the Closing Date. 
  

			
	BUYER
	
	Logo Sportswear Inc.
		
	By		  

		
	Name		  

		
	Title		  

	
	SELLER
	
	CafePress Inc.
		
	By		  

		
	Name		  

		
	Title		  

 Annex A 

 EXECUTION VERSION 

Annex B 

Representative Contact Information 

Representative for Buyer: 
 Representative for Seller: 

 EXECUTION VERSION 

EXHIBIT C 
 REFERRAL
AGREEMENT 
 REFERRAL AGREEMENT 

THIS REFERRAL AGREEMENT is made and entered into effective
                , 2015 (“Effective Date”), by and between CafePress Inc., a Delaware Corporation with a principal place of business at 6901 Riverport Drive,
Louisville, Kentucky 40258 (“CafePress”) and Logo Sportswear Inc. (“NewCo”) a Delaware corporation with a principal place of business at c/o Digital Fuel Capital, LLC, 339 Auburn Street, Suite 12, Newton, Massachusetts 02446.

 1. General Scope. CafePress shall use reasonable efforts to promote and solicit sales referrals in accordance with this Agreement, through its own
website or the websites of its Affiliated companies or brands (collectively, the “CafePress Website”), for the sale of certain product types related to clubs, groups and organizations, as agreed upon by the parties, on
www.logosportswear.com, www.teamsportswear.com, www.logosoftwear.com and Tfund.com (collectively, the “Websites”). As part of CafePress’ referral services, CafePress will include on the CafePress Website one or more of the
following types of links to the Websites: Product Links; Category Links; and Links pursuant to certain mutually agreed upon search terms and inquiries. The parties will work together to develop graphical artwork to use in linking to the Websites. To
permit accurate tracking, reporting, and Sales Fee (as defined below) calculation, NewCo will provide CafePress with special “tagged” link formats to be used in all links between the CafePress Website and the Websites. Links to the Website
placed on the CafePress Website pursuant to this Agreement and which properly utilize such special link formats are referred to as “Special Link(s).” The Parties agree that they will collaboratively develop the Special Links. CafePress
shall not have the right to modify or otherwise change the Special Links (including any banner content) without the prior approval of NewCo (which shall not be unreasonably withheld). Except as specifically set forth in this Agreement, nothing in
this Agreement shall be construed as limiting in any manner CafePress’ marketing or distribution activities or its appointment of other dealers, distributors, licensees, agents or representatives of any kind. NewCo will process accepted Product
orders placed by customers who follow Special Links from the CafePress Website to the Websites and will be responsible for all aspects of order acceptance, processing and fulfillment. 

During the term of this Agreement, CafePress’ and its Affiliated companies’ will continue to display the Websites-related graphics and branding, and
maintain access to the Websites-related in-site search, dropdown menus, navigation tabs/links and landing pages, as currently utilized on the CafePress Website to promote and provide referral traffic for the Websites. In the event of any
modification to the CafePress Website that adversely impacts the Websites referral traffic, CafePress will use reasonable best efforts to provide for alternative referral opportunities on the CafePress Website that are no less favorable than the
site search, navigation, access, landing page or graphics referral opportunities on the CafePress Website relating to the Websites prior to such change. 

CafePress shall not establish any promotional or incentive-based arrangement for the purpose of generating referrals to the Websites without the prior consent
of Newco, and will not willfully or intentionally take any action to generate referrals to the Websites that would reasonably be expected to result in Qualified Sales at rates below the historical conversion rate of the NewCo business as operated by
CafePress. 

 2. Qualified Referrals. For the purposes hereof, a “Qualified Referral” shall mean a customer or
prospect: (i) that is verifiably referred to NewCo using the Special Links; and (ii) that has been referred to NewCo in compliance with all of the terms of this Agreement. Approval and acceptance of any Qualified Referral or any sale of
Products shall be at NewCo’s sole discretion, and NewCo may reject any such Qualified Referral or any sale for any reason. 
 3. Fees. For each
sale of a Product to a Qualified Referral that selects and purchases a Product through the Websites pursuant to the current Google Analytics profile applicable to the Websites, which is based upon the last touch customer session on the
Websites(“Qualified Sale(s)”), NewCo shall pay CafePress a Sales Fee (as defined below) and, as applicable, CafePress shall pay to NewCo a Traffic Fee (as defined below) as described below: 

(a) For calendar years 2015 and 2016, if in any month, the Minimum Qualified Referrals (as defined below) AND Minimum Web
Revenue (as defined below) are not met, then CafePress will pay to NEWCO, for the specified month in which the Minimum Qualified Referrals and the Minimum Web Revenue are not met, $1.20 per Minimum Qualified Referral for that month (the
“Traffic Fee”) ; and 
 (b) For Qualified Referrals to the extent that Gross Revenue (as defined below) for any
month exceeds the applicable Monthly Threshold (as defined below), NewCo shall pay to CafePress an amount equal to the product of (i) 9% multiplied by (ii) the amount by which Gross Revenue received from Qualified Sales of Products exceeds
such Monthly Threshold (the “Sales Fee”). 
 For purposes of illustration only, please see the examples below: 

  
 2 

 Other than described herein, no Sales Fee will be paid to CafePress (i) for future sales or any other
activity with respect to a Qualified Referral, other than with respect to Qualified Sales, or (ii) for any Qualified Sale for which NewCo is obligated to pay a referral fee to a third party, unless the referral by CafePress was the most recent
of all such referrals with respect to such sale. Sales Fees will be paid within thirty (30) days after the end of each month for all Products sold during that month. NewCo will track Qualified Sales and will make available to CafePress reports
summarizing this sales activity. CafePress shall have the right, upon notice to NewCo, to audit NewCo’s books and records related to Qualified Sales to confirm the accuracy of the Sales Fees. In the event that any audit shows an underpayment in
excess of 5%, then NewCo shall pay all expenses associated with the audit. 
 For purposes of this Agreement, the following definitions shall apply:
(1) Gross Revenue shall mean all revenue received from Qualified Sales for which a Sales Fee is payable hereunder; (2) Monthly Threshold shall mean the revenue generated by LogoSportswear.com, TeamSportswear.com and Tfund.com through links
from CafePress.com for the corresponding month in 2014, as set forth in Exhibit A hereto; (3) Minimum Qualified Referrals shall mean sixty percent (60%) of the total Unique Visitors, in any month, to Logosportswear.com, Teamsportswear.com,
and Tfund.com through links from CafePress.com for the corresponding month in 2014 as set forth in Exhibit A hereto as measured by Google Analytics; and (4) Minimum Web Revenue shall mean sixty percent (60%) of the Web Sales for the
corresponding month in 2014 as measured by Google Analytics and as set forth in Exhibit A hereto. 
 4. Trademarks and Other Designations. Subject to
the terms of this Agreement, NewCo grants CafePress the right to use and display the NewCo trademarks, tradenames, and other designations of source (“Marks”) as they may appear with respect to the Products as needed to provide the services
as set forth in this Agreement. All such use of the Marks shall be in accordance with any usage guidelines provided in writing. 
 5. Responsibility for
Websites. NewCo will be solely responsible for the development, operation, and maintenance of the Websites and for all materials that appear on the Websites. Without limiting the generality of the foregoing, NewCo will be responsible for:
(i) the operation of the Websites; (ii) creating and posting any applicable Product descriptions on the Websites and linking those descriptions to the CafePress Website; (iii) the accuracy and appropriateness of materials on the
Website; (iv) that materials on the Website do not violate or infringe upon the rights of any third party; and (v) that materials on the Website are not libelous or otherwise illegal. In addition, NewCo shall not use any existing or future
software products or services that (1) will replace, intercept, interfere, hinder, disrupt or otherwise alter in any manner the CafePress Website user’s access, view or usage of, or other aspect of the user’s experience at the
CafePress Website (or the websites of other CafePress partners) in a manner that causes or otherwise results in a different experience from what was otherwise intended by CafePress (or such CafePress partner); or (2) will block, alter, direct,
redirect, substitute, insert, append itself to, or otherwise intercept or interfere in any manner with any click through or other traffic-based transaction that originated from the CafePress Website with the intention of reducing any compensation or
other payment earned by or owing to CafePress. 
 6. NewCo Images. If NewCo chooses to enable customers to use selected images from the Websites,
either owned by NewCo or licensed from a third party, for use by a customer (“Images”) to create and purchase Products, then NewCo agrees to the following terms: 

  
 3 

 a. NewCo shall not market or sell a Product through the Websites referral services provided
hereunder that (i) is generally offensive or inappropriate, (ii) infringes the rights of a third party, including, without limitation, copyrights, trademarks, patents, trade secrets, and rights of privacy and publicity; (iii) is
libelous, defamatory or slanderous; (iv) is obscene or pornographic; (v) is designed to or does harass, threaten, or abuse others; or (vi) violates any applicable law, rule, or regulation, including, without limitation, by exploiting
images or the likeness of minors. While CafePress has no obligation to monitor the transactions or communications made through the Websites, it reserves the right to restrict access to or the availability of any Images or Products that CafePress
determines reasonably and in good faith to be in violation of this clause 6(a), without any liability to NewCo. 
 b. In making available any
Images for upload to and use on the CafePress Website in connection with this Agreement, NewCo grants to CafePress a royalty-free, worldwide, non-transferable (except as provided in Section 14), nonexclusive, non-sublicensable right and license
in such Images, in all media existing now or created in the future, (i) to enable the marketing and sale of Products and (ii) to promote, market and advertise the Products and the Website. Such use includes, without limitation,
(1) display of Products with the Images, (2) promotional “streams” of audio Images on the CafePress Website, and (3) display of pages from book Products on the CafePress Website. As between the parties, NewCo retains
ownership of any Images and CafePress shall not use any Images for any purpose other than the promotion of the Products, the Websites or NewCo, or alter or modify any Images (including any use in combination with other images) without the prior
approval of NewCo. Such license shall terminate upon the termination of this Agreement. 
 c. NewCo represents and warrants that it has and
shall maintain all necessary approvals and consents required for the use of the Images provided by NewCo to CafePress for use under this Agreement (and will provide evidence thereof upon request by CafePress). NewCo will be solely responsible for
the payment of all royalties or similar payments that are or may become due to any third party in connection with the use of Images under this Agreement. 

7. Warranties. (a) NewCo and CafePress each represents and warrants to the other that: (i) it has the requisite power and authority to enter
into, deliver and perform the obligations under this Agreement; (ii) this Agreement is a valid and legally binding agreement enforceable against it; (iii) it will comply with the terms of this Agreement; 

(b) Newco further represents and warrants that (i) its advertising and marketing of the Products shall at all times comply with all applicable
laws, rules, and regulations, and that it shall not engage in fraudulent, abusive, or misleading advertising and promotional methods with respect to the subject matter of this Agreement; (ii) it shall not engage in and/or facilitate spamming,
indiscriminate advertising or unsolicited commercial email, or otherwise fail to comply with the CAN SPAM Act of 2003 (Public Law 180187 or any successor legislation), or any analogous statute; and (vi) it shall at all times comply with all
applicable privacy and data collection laws, rules, and regulations. 
 8. Warranty Disclaimer. EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT,
NEITHER NEWCO OR CAFEPRESS MAKES ANY EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE PRODUCTS, THE WEBSITES, ANY SERVICES RELATED THERETO (IN THE CASE OF NEWCO) OR THE CAFEPRESS WEBSITE OR THE SERVICES THAT ARE THE SUBJECT
MATTER OF THIS AGREEMENT (IN THE CASE OF 

  
 4 

 
CAFEPRESS), ALL OF WHICH ARE PROVIDED “AS IS” AND “AS AVAILABLE” (SUBJECT TO THE REMAINING TERMS OF THIS AGREEMENT). NEITHER NEWCO OR CAFEPRESS WARRANTS THAT ANY OF THE
FOREGOING WILL BE UNINTERRUPTED, ERROR FREE OR COMPATIBLE WITH THE REMAINING PARTY’S SYSTEMS; NOR DOES IT MAKE ANY WARRANTY AS TO THE RESULTS OR SALES FEES THAT MAY BE OBTAINED PURSUANT TO THIS AGREEMENT. EACH PARTY SPECIFICALLY DISCLAIMS ALL
WARRANTIES OF ANY KIND, INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT, TITLE AND FITNESS FOR A PARTICULAR PURPOSE. CAFEPRESS SHALL MAKE NO REPRESENTATION, GUARANTEE, OR WARRANTY CONCERNING THE PRODUCTS EXCEPT AS EXPRESSLY
AUTHORIZED IN ADVANCE BY NEWCO IN WRITING. 
 9. Relationship of Parties/Ownership. The parties hereto expressly understand and agree that each party
is an independent contractor in the performance of each and every part of this Agreement. Each party shall be solely responsible for all of its employees and agents and its labor costs and expenses arising in connection therewith and for any and all
claims, liabilities or damages or debts of any type whatsoever that may arise on account of its activities, or those of its employees or agents, in the performance of this Agreement. The parties do not have the authority, right or ability to bind or
commit the other in any way (including, without limitation, by agreeing to sale of Products) and will not attempt to do so or imply that it may do so. Each party shall indemnify and hold harmless the other from and against any claim, suit or
proceeding brought against by any third party due to any breach of the foregoing, and for any breach of Sections 5 or 6 of this Agreement. 
 10. Term and
Termination. The Term of this Agreement shall commence on the Effective Date and shall continue for two (2) years, unless terminated earlier as provided herein. Either party may terminate this Agreement if the other party: (i) breaches
a material provision of this Agreement and fails to cure such breach within thirty (30) days following receipt of written notice; or (ii) becomes insolvent or seeks protection under any bankruptcy or comparable proceeding. Upon termination
or expiration of this Agreement for any reason whatsoever, CafePress (i) shall immediately discontinue any use of the Special Links and Marks of NewCo, (ii) shall immediately discontinue all representations or statements from which it
might be inferred that any relationship exists between the parties, (iii) will cease to promote, solicit or refer orders for Products, (iv) will immediately return to NewCo or destroy all Proprietary Information (as defined below) and any
other information or materials of NewCo in its possession, custody or control in whatever form held (including copies or embodiments thereof relating thereto) upon termination of this Agreement (and provide written certification of such destruction
to NewCo). Notwithstanding the foregoing, Sections 8-12, the right to payments accruing prior to the termination date and the rights and claims of any party against the other for breach of this Agreement shall survive termination or expiration of
this Agreement. 
 11. Confidentiality. During the Term of this Agreement, either party may receive information that is proprietary and confidential
to the other regarding the business and affairs of the other party, including without limitation, the terms of this Agreement (“Confidential Information”). 

Each party shall hold all Confidential Information in confidence (using at least the same measures as it does to protect its own Confidential Information of a
similar nature) and not disclose the Confidential Information to any third party except to the extent permitted by the terms of this Agreement. Each party 

  
 5 

 
shall use the other party’s Confidential Information only in the course of performance of this Agreement and shall have the right to disclose the other party’s Confidential Information
only to its employees, representatives, agents and contractors that need to know it, and only for the purpose of rendering assistance to the party performing its obligations under this Agreement. A disclosing party shall be liable for any breach of
its confidentiality obligations by any such employee, representative, agent or contractor. 
 The following shall not be deemed to be Confidential
Information: (i) information that is or becomes public knowledge or enters the public domain through a source other than the recipient and through no fault of recipient; (ii) information independently developed by or for the recipient;
(iii) information that was known by a party prior to commencement of discussions regarding the subject matter of this Agreement; and (iv) information that is required to be disclosed by applicable law, the laws of a securities market or
exchange or at the direction of a court or governmental body; provided however, that the disclosing party shall use reasonable efforts to give the other party a reasonable opportunity to intervene in order to prevent such disclosure or to obtain a
protective order, and that any Confidential Information disclosed remains subject to the confidentiality obligations set forth in this Section. 
 12.
Liability Limitation. EXCEPT FOR (X) BODILY INJURY OF A PERSON, AND (Y) ANY WILLFUL OR INTENTIONAL BREACH OF THIS AGREEMENT, CAFEPRESS WILL NOT BE LIABLE UNDER ANY SECTION OR SUBJECT MATTER OF THIS AGREEMENT OR UNDER ANY CONTRACT,
NEGLIGENCE, STRICT LIABILITY OR OTHER LEGAL OR EQUITABLE THEORY FOR (I) ANY INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, OR (II) FOR ANY AMOUNT IN EXCESS OF THE AGGREGATE AMOUNT OF FEES PAID TO CAFEPRESS BY NEWCO IN THE TWELVE MONTHS
PRIOR TO THE DATE ON WHICH THE CLAIM AROSE. 
  

	13.	[Reserved] 

 14. Miscellaneous. No party hereto may make any press release with respect to this Agreement
without the remaining party’s prior written consent. NewCo may not assign this Agreement nor any right or obligation to any Competitor of CafePress without its prior written consent and any purported transfer or assignment will be void. A
Competitor shall mean any third party listed on Schedule 14 hereto, including any successor to any such third party. Except as otherwise provided herein, either party hereto may assign this Agreement to any successor in connection with a sale or
other disposition of either a majority of its capital stock, or substantially all of its assets or business. Except as otherwise provided herein, this Agreement shall be binding upon and inure to the benefit of the permitted successors and assigns
of the parties. If any provision of this Agreement is held to be illegal or unenforceable, that provision shall be limited or eliminated to the minimum extent necessary so that this Agreement shall otherwise remain in full force and effect and
enforceable. Except as otherwise expressly provided herein, any provision of this Agreement may be amended and the observance of any provision of this Agreement may be waived (either generally or any particular instance and either retroactively or
prospectively) only with the written consent of both parties. With respect to the Exhibits only, the parties agree that email agreement shall suffice as written consent for the purpose of amending the Exhibits. This Agreement shall be governed by
and construed under the laws of the State of Delaware. This Agreement is the sole agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements or discussions between the parties with respect to the
subject matter hereof. 

  
 6 

									
	CAFEPRESS				LOGO SPORTSWEAR INC.
					
	By:		 				By:		 
					
	Name:		 				Name:		 
					
	Title:		 				Title:		 

  
 7 

 EXHIBIT A – MINIMUM WEB REVENUE, MINIMUM QUALIFIED REFERRALS AND MONTHLY THRESHOLD 

  
 8 

 Schedule 14 

Competitors 
 Zazzle 

Spreadshirt 
 CustomInk/Booster.com 

VistaPrint 
 ShutterFly 

  
 9 

 EXHIBIT D 

ASSIGNMENT AND ASSUMPTION AGREEMENT 

THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Assumption Agreement”) is entered into as of
                , 2015, by and between LOGO SPORTSWEAR INC., a Delaware corporation (“Buyer”) and CAFEPRESS INC., a Delaware corporation (“Seller”).

 W I T N E S S E T H 

WHEREAS, this Assignment and Assumption Agreement is delivered pursuant to Section 4.2 of that certain Asset Purchase Agreement (the
“Agreement”) dated as of February 20, 2015 by and among Seller and Buyer. Unless otherwise specifically defined herein, all terms used herein and defined in the Agreement shall have the meanings assigned to them in the Agreement. 

WHEREAS, pursuant to the Agreement, Seller has agreed to transfer, sell, convey, assign and deliver to Buyer the Assets, as more fully
described in Section 2.1 of the Agreement, but not including the Excluded Assets, as more fully described in Section 2.2 of the Agreement. 

WHEREAS, Buyer has agreed to assume the Assumed Liabilities, as more fully described in Section 2.3 of the Agreement, not including those
Excluded Liabilities, as more fully described in Section 2.4 of the Agreement. 
 NOW, THEREFORE, in consideration of the foregoing
premises, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is agreed as follows: 
 1. Seller
hereby transfers and assigns to Buyer or one of its Affiliates as designated by Buyer, subject to and pursuant to the terms and conditions of the Agreement, all right, title and interest in and to the Assets. 

2. Buyer hereby accepts the foregoing assignment and transfer of the Assets. 

3. Buyer hereby assumes and agrees to pay, perform, fulfill and discharge promptly when due the Assumed Liabilities. Neither Buyer nor any of its Affiliates
assumes or will otherwise become liable for any of the Excluded Liabilities. 
 4. Nothing contained in this Assumption Agreement shall be deemed to
supersede any of the obligations, agreements, covenants, representations and warranties of Seller, or Buyer contained in the Agreement, and this Assumption Agreement is made and accepted subject to all of the terms, conditions, representations and
warranties set forth in the Agreement, all of which survive execution and delivery of this Assumption Agreement as set forth in the Agreement. 

  
 1 

 5. This Assumption Agreement may be executed in any number of counterparts, each of which when executed by the
parties hereto and delivered shall be deemed to be an original, and all such counterparts taken together shall be deemed to be but one and the same instrument. This Agreement may be executed and delivered by facsimile of .PDF signature, and upon
delivery of such facsimile or .PDF signature will be deemed to have the same effect as if the original signature had been delivered to the other party. 
 6.
This Assumption Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the state of Delaware, excluding that body of law pertaining to conflicts of laws. 

[Remainder of this page is intentionally left blank.] 

  
 2 

 IN WITNESS WHEREOF, the parties hereto have executed this Assignment and
Assumption Agreement as of the date first above written. 
  

			
	 BUYER

	
	 LOGO SPORTSWEAR INC.

		
	 By
		 
		
	 Name
		 
		
	 Title
		 
	
	 CAFEPRESS INC.

		
	 By
		 
		
	 Name
		 
		
	 Title
		 

 SIGNATURE PAGE TO ASSIGNMENT AND
ASSUMPTION AGREEMENT 

 EXHIBIT E 

BILL OF SALE 
 THIS BILL
OF SALE (this “Bill of Sale Agreement”), is entered into as of                 , 2015, by and between LOGO SPORTSWEAR INC., a Delaware corporation
(“Buyer”) and CAFEPRESS INC., a Delaware corporation (“Seller”). 
 W I T N E S S E T H: 

WHEREAS, Seller and Buyer and certain other parties as set forth therein have entered into an Asset Purchase Agreement dated as of
February 20, 2015 (the “Agreement”), pursuant to which Seller has agreed to sell all of the right, title and interest of Seller in and to the Assets (as defined in the Agreement) to Buyer, and Buyer has agreed to acquire the Assets
from Seller, all subject to the terms and conditions provided herein and in the Agreement. 
 NOW, THEREFORE, Buyer and Seller in
consideration of the mutual promises and covenants set forth herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 

1. Sale of Assets. For good and valuable consideration, Seller hereby sells, conveys, transfers, assigns and delivers to Buyer all of the right, title
and interest of Seller in and to the Assets as more fully described in Section 2.1 of the Agreement, but not including the Excluded Assets, as more fully described in Section 2.2 of the Agreement. 

2. Assignment. This Bill of Sale Agreement may not be assigned by any party hereto without the prior written consent of the other parties; provided,
that Buyer may, without the prior written consent of Seller, assign any or all of its rights or obligations under this Bill of Sale Agreement to any Affiliate of Buyer. Subject to the foregoing, this Bill of Sale Agreement and the provisions hereof
shall be binding upon and inure to the benefit of each of the parties and their successors and assigns. 
 3. Governing Law. This Bill of Sale
Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the State of Delaware, as if both parties hereto were resident and doing business in such state, excluding that body of law pertaining to conflicts
of laws. 
 4. Heading; Terms. Any captions to, or headings of, the sections of this Bill of Sale Agreement are solely for the convenience of the
parties hereto, are not a part of this Bill of Sale Agreement, and shall not be used for the interpretation of this Bill of Sale Agreement. Unless otherwise specifically defined herein, all terms used herein and defined in this Bill of Sale
Agreement shall have the meanings assigned to them in the Agreement. 
 5. Counterpart. This Bill of Sale Agreement may be executed in any number of
counterparts, each of which when executed by the parties hereto and delivered shall be deemed to be an original, and all such counterparts taken together shall be deemed to be but one and the same instrument. This Bill of Sale Agreement may be
executed and delivered by facsimile or .PDF signature, and upon delivery of such facsimile signature or .PDF signature will be deemed to have the same effect as if the original signature had been delivered to the other party. 

 IN WITNESS WHEREOF, Buyer and Seller have duly executed this Agreement as of the
date set forth above. 
  

			
	 BUYER

	
	 LOGO SPORTSWEAR INC.

		
	 By
		 
		
	 Name
		 
		
	 Title
		 
	
	 SELLER

	
	 CAFEPRESS INC.

		
	 By
		 
		
	 Name
		 
		
	 Title
		 

 SIGNATURE PAGE TO BILL OF
SALE 

 EXHIBIT F 

IP ASSIGNMENT AGREEMENT 

THIS IP ASSIGNMENT AGREEMENT (the “IP Assignment Agreement”) is entered into as of
                , 2015, and is made by CAFEPRESS INC., a Delaware corporation (“Seller”) located at 6901 A Riverport Drive, Louisville, Kentucky 40258, in
favor of LOGO SPORTSWEAR INC., a Delaware corporation (“Buyer”) located at [address], which is the purchaser of certain assets of Seller pursuant to an Asset Purchase Agreement (the “Agreement”) dated as of February 20, 2015
by and among Seller and Buyer. 
 W I T N E S S E T H 

WHEREAS, this IP Assignment Agreement is delivered pursuant to Section 4.2 of the Agreement, under which Seller has conveyed, transferred
and assigned to Buyer, among other assets, certain intellectual property of Seller, and has agreed to execute and deliver this IP Assignment Agreement for recording with the United States Patent and Trademark Office, the United States Copyright
Office and corresponding entities or agencies in any applicable jurisdictions. Capitalized terms used but not defined in this IP Assignment Agreement shall have the meanings ascribed to them in the Agreement. 

NOW, THEREFORE, in consideration of the foregoing premises, and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, it is agreed as follows: 
 1. Effective as of the Closing, Seller hereby sells, conveys, transfers, assigns, and delivers to Buyer,
its successors, legal representatives and assigns, and Buyer hereby accepts, in each case subject to and pursuant to the terms and conditions of the Agreement, all right, title and interest, in the United States and all countries throughout the
world, free and clear of all Encumbrances, in and to the Intellectual Property Assets, including the following: 
 (a) the patents and patent
applications set forth on Schedule 1 hereto and all issuances, divisions, continuations, reissues, extensions, reexaminations and renewals thereof; 

(b) the trademark registrations and applications set forth on Schedule 2 hereto and all issuances, extensions and renewals thereof, together
with the goodwill of the business connected with the use thereof, and symbolized thereby; 
 (c) the copyright registrations and applications
for registration set forth on Schedule 3 hereto and all issuances, extensions and renewals thereof; and 
 (d) all rights of any kind
whatsoever of Seller accruing under any of the Intellectual Property Assets provided by applicable law of any jurisdiction, by international treaties and conventions and otherwise throughout the world, including any and all rights of recovery based
on past and future infringement of the Intellectual Property Assets. 

  
 1 

 2. Seller hereby authorizes the Commissioner of Patents and the Commissioner for Trademarks of the United States
Patent and Trademark Office, the Register of Copyrights in the United States Copyright Office, and the officials of corresponding entities or agencies in any applicable jurisdictions to record and register this IP Assignment Agreement upon request
by Buyer. 
 3. Nothing contained in this IP Assignment Agreement shall be deemed to supersede any of the obligations, agreements, covenants, representations
and warranties of Seller or Buyer contained in the Agreement, and this IP Assignment Agreement is made and accepted subject to all of the terms, conditions, representations and warranties set forth in the Agreement, all of which survive execution
and delivery of this IP Assignment Agreement as set forth in the Agreement. Nothing contained in this IP Assignment Agreement may be construed as a waiver of any of the rights or remedies of the Seller or Buyer as set forth in, or arising in
connection with, the Agreement or any other instrument or document delivered by the Seller or Buyer pursuant to the Agreement. In the event of any ambiguity or conflict between the terms hereof and the Agreement, the terms of the Agreement shall
govern and control. 
 4. This IP Assignment Agreement may be executed in any number of counterparts, each of which when executed by the parties hereto and
delivered shall be deemed to be an original, and all such counterparts taken together shall be deemed to be but one and the same instrument. This IP Assignment Agreement may be executed and delivered by facsimile of .PDF signature, and upon delivery
of such facsimile or .PDF signature will be deemed to have the same effect as if the original signature had been delivered to the other party. 
 5. This IP
Assignment Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the state of Delaware, excluding that body of law pertaining to conflicts of laws. 

6. Neither this IP Assignment Agreement nor any term hereof may be changed, waived, discharged or terminated other than by an instrument in writing signed by
the parties hereto. No failure to enforce any provision of this IP Assignment Agreement shall be deemed to or shall constitute a waiver of such provision and no waiver of any of the provisions of this IP Assignment Agreement shall be deemed to or
shall constitute a waiver of any other provision hereof nor shall such waiver constitute a continuing waiver. 
 7. Nothing in this IP Assignment Agreement,
express or implied, is intended to or shall (a) confer on any Person other than the parties to this IP Assignment Agreement or the Agreement and their respective permitted successors or assigns any rights (including, without limitation, third
party beneficiary rights), remedies, obligations or liabilities under or by reason of this IP Assignment Agreement or (b) constitute the parties to this IP Assignment Agreement as partners or as participants in a joint venture. Except as
expressly provided by this IP Assignment Agreement, this IP Assignment Agreement shall not provide third parties with any remedy, claim, liability, reimbursement, cause of action or other right in excess of those existing without reference to the
terms of this IP Assignment Agreement. 
 [Signature Page Follows] 

  
 2 

 IN WITNESS WHEREOF, the parties hereto have executed this IP Assignment Agreement as of the date
first above written. 
  

			
	 BUYER

	
	 [                ]

		
	 By
		 
		
	 Name
		 
		
	 Title
		 
	
	 CAFEPRESS INC.

		
	 By
		 
		
	 Name
		 
		
	 Title
		 

 SCHEDULE 1 

PATENTS AND PATENT APPLICATIONS 

 SCHEDULE 2 

TRADEMARK REGISTRATIONS AND APPLICATIONS 

 SCHEDULE 3 

COPYRIGHT REGISTRATIONS AND APPLICATIONSEX-10.39

 Exhibit 10.39 

EXECUTION VERSION 
 CREDIT
AGREEMENT 
 dated as of October 15, 2014, 

among 
 HA WIND I LLC, 

as the Borrower, 
 THE FINANCIAL
INSTITUTIONS AND OTHER PERSONS FROM TIME TO TIME PARTIES HERETO, 
 as the Lenders 

and 
 BANK OF AMERICA, N.A., 

as Administrative Agent and Collateral Agent 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
			
	ARTICLE I.	 	 DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	  
			
	 SECTION 1.01
	 	 Defined Terms
	  	 	1	  
			
	 SECTION 1.02
	 	 Certain Principles of Interpretation
	  	 	21	  
			
	 SECTION 1.03
	 	 Accounting Terms
	  	 	21	  
			
	 SECTION 1.04
	 	 Times of Day
	  	 	21	  
			
	 SECTION 1.05
	 	 Timing of Payment or Performance
	  	 	22	  
			
	ARTICLE II.	 	 TERM LOAN COMMITMENTS AND TERM LOAN BORROWINGS
	  	 	22	  
			
	 SECTION 2.01
	 	 Term Loan Commitments
	  	 	22	  
			
	 SECTION 2.02
	 	 Nature of Loans
	  	 	22	  
			
	 SECTION 2.03
	 	 Borrowing Procedures
	  	 	22	  
			
	 SECTION 2.04
	 	 Lending Office
	  	 	22	  
			
	 SECTION 2.05
	 	 Notes; Accounts
	  	 	22	  
			
	ARTICLE III.	 	 REPAYMENTS, PREPAYMENTS, INTEREST AND FEES
	  	 	23	  
			
	 SECTION 3.01
	 	 Repayments and Prepayments; Application
	  	 	23	  
			
	 SECTION 3.02
	 	 Interest
	  	 	24	  
			
	ARTICLE IV.	 	 TAXES, ETC
	  	 	26	  
			
	 SECTION 4.01
	 	 Increased Costs
	  	 	26	  
			
	 SECTION 4.02
	 	 Taxes
	  	 	27	  
			
	 SECTION 4.03
	 	 Payments
	  	 	32	  
			
	 SECTION 4.04
	 	 Sharing of Payments
	  	 	32	  
			
	 SECTION 4.05
	 	 Setoff
	  	 	32	  
			
	 SECTION 4.06
	 	 Change of Lending Office
	  	 	33	  
			
	ARTICLE V.	 	 CONDITIONS PRECEDENT
	  	 	33	  
			
	 SECTION 5.01
	 	 Conditions to the Closing Date
	  	 	33	  
			
	ARTICLE VI.	 	 REPRESENTATIONS AND WARRANTIES
	  	 	37	  
			
	 SECTION 6.01
	 	 Due Organization, etc
	  	 	37	  
			
	 SECTION 6.02
	 	 Taxes
	  	 	38	  
			
	 SECTION 6.03
	 	 Capitalization
	  	 	38	  
			
	 SECTION 6.04
	 	 Environmental Laws; Compliance with Laws
	  	 	38	  

  
 -i- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 SECTION 6.05
	 	 Marketable Title; Leasehold Interests
	  	 	39	  
			
	 SECTION 6.06
	 	 Investment Company Act
	  	 	39	  
			
	 SECTION 6.07
	 	 Labor Matters
	  	 	39	  
			
	 SECTION 6.08
	 	 Project Documents
	  	 	40	  
			
	 SECTION 6.09
	 	 Subsidiaries; Business Activities
	  	 	40	  
			
	 SECTION 6.10
	 	 Authorization and Enforceability of Financing Documents
	  	 	40	  
			
	 SECTION 6.11
	 	 Defaults Under Other Agreements
	  	 	41	  
			
	 SECTION 6.12
	 	 Non-Contravention
	  	 	41	  
			
	 SECTION 6.13
	 	 Governmental Approvals
	  	 	41	  
			
	 SECTION 6.14
	 	 Legal and Other Proceedings
	  	 	42	  
			
	 SECTION 6.15
	 	 Margin Regulations
	  	 	42	  
			
	 SECTION 6.16
	 	 Solvency
	  	 	42	  
			
	 SECTION 6.17
	 	 Senior Indebtedness
	  	 	43	  
			
	 SECTION 6.18
	 	 Absence of Defaults
	  	 	43	  
			
	 SECTION 6.19
	 	 Material Adverse Change
	  	 	43	  
			
	 SECTION 6.20
	 	 Financial Information
	  	 	43	  
			
	 SECTION 6.21
	 	 Foreign Corrupt Practices Act of 1977
	  	 	43	  
			
	 SECTION 6.22
	 	 Books and Records
	  	 	43	  
			
	 SECTION 6.23
	 	 Regulation
	  	 	44	  
			
	 SECTION 6.24
	 	 Sanctions Concerns and Anti-Corruption Laws
	  	 	44	  
			
	 SECTION 6.25
	 	 Disclosure
	  	 	44	  
			
	 SECTION 6.26
	 	 ERISA Compliance
	  	 	45	  
			
	 SECTION 6.27
	 	 Collateral Documents
	  	 	45	  
			
	 SECTION 6.28
	 	 Intellectual Property; Licenses, Etc
	  	 	45	  
			
	 SECTION 6.29
	 	 No Broker’s Fees
	  	 	45	  
			
	 SECTION 6.30
	 	 Insurance Matters
	  	 	45	  
			
	ARTICLE VII.	 	 REPORTING REQUIREMENTS
	  	 	46	  
			
	 SECTION 7.01
	 	 Reporting Requirements
	  	 	46	  
			
	ARTICLE VIII.	 	 AFFIRMATIVE COVENANTS
	  	 	48	  
			
	 SECTION 8.01
	 	 Payment of Obligations
	  	 	48	  

  
 -ii- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 SECTION 8.02
	 	 [Reserved.]
	  	 	48	  
			
	 SECTION 8.03
	 	 Maintenance of Property; Insurance
	  	 	48	  
			
	 SECTION 8.04
	 	 Conduct of Business
	  	 	49	  
			
	 SECTION 8.05
	 	 Compliance with Laws
	  	 	49	  
			
	 SECTION 8.06
	 	 Fiscal Year
	  	 	49	  
			
	 SECTION 8.07
	 	 Inspection of Property, Books and Records
	  	 	49	  
			
	 SECTION 8.08
	 	 Governmental Approvals
	  	 	49	  
			
	 SECTION 8.09
	 	 Ranking
	  	 	50	  
			
	 SECTION 8.10
	 	 Available Cash
	  	 	50	  
			
	 SECTION 8.11
	 	 Enforcement of Contracts
	  	 	50	  
			
	 SECTION 8.12
	 	 Dividend Payments
	  	 	50	  
			
	 SECTION 8.13
	 	 Portfolio LLC Agreement; Portfolio Companies
	  	 	50	  
			
	 SECTION 8.14
	 	 Warranty of Title
	  	 	51	  
			
	 SECTION 8.15
	 	 Separate Existence
	  	 	51	  
			
	 SECTION 8.16
	 	 Maintenance of Depositary Accounts
	  	 	51	  
			
	 SECTION 8.17
	 	 Debt Reserve Account
	  	 	51	  
			
	 SECTION 8.18
	 	 Equity Member Withdrawal
	  	 	51	  
			
	 SECTION 8.19
	 	 Further Assurances
	  	 	51	  
			
	 SECTION 8.20
	 	 ROFO Notices
	  	 	52	  
			
	ARTICLE IX.	 	 NEGATIVE COVENANTS
	  	 	52	  
			
	 SECTION 9.01
	 	 Limitation on Indebtedness
	  	 	52	  
			
	 SECTION 9.02
	 	 Liens
	  	 	52	  
			
	 SECTION 9.03
	 	 Restricted Payments
	  	 	52	  
			
	 SECTION 9.04
	 	 Consolidations and Mergers; Asset Sales
	  	 	53	  
			
	 SECTION 9.05
	 	 Burdensome Agreements
	  	 	53	  
			
	 SECTION 9.06
	 	 Transaction with Affiliates
	  	 	53	  
			
	 SECTION 9.07
	 	 Investments in Other Persons
	  	 	54	  
			
	 SECTION 9.08
	 	 Guarantees
	  	 	54	  
			
	 SECTION 9.09
	 	 Change in Nature of Business
	  	 	54	  
			
	 SECTION 9.10
	 	 Modification of Contractual Obligations
	  	 	54	  

  
 -iii- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 SECTION 9.11
	 	 Use of Proceeds
	  	 	55	  
			
	 SECTION 9.12
	 	 Bank Accounts
	  	 	55	  
			
	 SECTION 9.13
	 	 [Reserved.]
	  	 	55	  
			
	 SECTION 9.14
	 	 Capital Expenditures
	  	 	55	  
			
	 SECTION 9.15
	 	 Fiscal Year, Location and EIN
	  	 	55	  
			
	 SECTION 9.16
	 	 Lease Transactions
	  	 	55	  
			
	 SECTION 9.17
	 	 No Employees
	  	 	55	  
			
	 SECTION 9.18
	 	 Changes to Accounting Policies
	  	 	55	  
			
	 SECTION 9.19
	 	 Other Relevant Member Action
	  	 	55	  
			
	 SECTION 9.20
	 	 Sanctions
	  	 	56	  
			
	ARTICLE X.	 	 EVENTS OF DEFAULT
	  	 	56	  
			
	 SECTION 10.01
	 	 Events of Default
	  	 	56	  
			
	 SECTION 10.02
	 	 Action if Event of Default
	  	 	60	  
			
	ARTICLE XI.	 	 THE AGENTS
	  	 	60	  
			
	 SECTION 11.01
	 	 Appointment and Authority
	  	 	60	  
			
	 SECTION 11.02
	 	 Rights as a Lender
	  	 	61	  
			
	 SECTION 11.03
	 	 Exculpatory Provisions
	  	 	61	  
			
	 SECTION 11.04
	 	 Reliance by Agents
	  	 	62	  
			
	 SECTION 11.05
	 	 Delegation of Duties
	  	 	62	  
			
	 SECTION 11.06
	 	 Resignation of Agent
	  	 	62	  
			
	 SECTION 11.07
	 	 Non-Reliance on Agents and Other Lenders
	  	 	63	  
			
	 SECTION 11.08
	 	 Agent May File Proofs of Claim
	  	 	64	  
			
	 SECTION 11.09
	 	 No Advisory or Fiduciary Relationship
	  	 	64	  
			
	 SECTION 11.10
	 	 Payments by Borrower; Presumptions by Agents
	  	 	65	  
			
	 SECTION 11.11
	 	 Posting of Approved Electronic Communications
	  	 	65	  
			
	ARTICLE XII.	 	 MISCELLANEOUS PROVISIONS
	  	 	67	  
			
	 SECTION 12.01
	 	 Amendments, Etc
	  	 	67	  
			
	 SECTION 12.02
	 	 Notices; Time
	  	 	68	  
			
	 SECTION 12.03
	 	 Payment of Costs and Expenses
	  	 	68	  
			
	 SECTION 12.04
	 	 Indemnification
	  	 	69	  

  
 -iv- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 SECTION 12.05
	 	 Survival
	  	 	69	  
			
	 SECTION 12.06
	 	 Severability
	  	 	70	  
			
	 SECTION 12.07
	 	 Headings
	  	 	70	  
			
	 SECTION 12.08
	 	 Execution in Counterparts, Effectiveness, etc
	  	 	70	  
			
	 SECTION 12.09
	 	 Governing Law; Entire Agreement
	  	 	70	  
			
	 SECTION 12.10
	 	 Successors and Assigns
	  	 	70	  
			
	 SECTION 12.11
	 	 Successors and Assigns
	  	 	70	  
			
	 SECTION 12.12
	 	 Non-Recourse Parties
	  	 	75	  
			
	 SECTION 12.13
	 	 Other Transactions
	  	 	76	  
			
	 SECTION 12.14
	 	 Independence of Covenants and Default Provisions
	  	 	76	  
			
	 SECTION 12.15
	 	 Confidentiality
	  	 	76	  
			
	 SECTION 12.16
	 	 Jurisdiction; etc
	  	 	77	  
			
	 SECTION 12.17
	 	 Waiver of Jury Trial
	  	 	78	  
			
	 SECTION 12.18
	 	 Collateral Agent
	  	 	78	  
			
	 SECTION 12.19
	 	 Electronic Execution of Assignments and Certain Other Documents
	  	 	79	  
			
	 SECTION 12.20
	 	 Patriot Act
	  	 	79	  

  
 -v- 

					
	 Exhibits
	  	 	  	 
			
	Exhibit A	  	-	  	Reserved
	Exhibit B	  	-	  	Form of Assignment Agreement and Administrative Questionnaire
	Exhibit C	  	-	  	Reserved
	Exhibit D	  	-	  	Form of Term Loan Note
	Exhibit E	  	-	  	Form of Notice of Borrowing
	Exhibit F-1	  	-	  	Form of Vento I ROFO Notice
	Exhibit F-2	  	-	  	Form of Oasis ROFO Notice
	Exhibit F-3	  	-	  	Form of Sand Bluff ROFO Notice
	Exhibit F-4A	  	-	  	Form of Scurry County Class A ROFO Notice
	Exhibit F-4B	  	-	  	Form of Scurry County Class B ROFO Notice
	Exhibit G	  	-	  	Forms of U.S. Tax Compliance Certificates
	Exhibit H	  	-	  	Form of Conversion Notice
			
	 Schedules
	  	 	  	 
			
	Schedule I	  	-	  	Lenders
	Schedule 3.01	  	-	  	Target Debt Balance
	Schedule 6.03	  	-	  	Authorized Capitalization; Capital Stock
	Schedule 6.04	  	-	  	Violations of Applicable Laws
	Schedule 6.05	  		  	Title Policies
	Schedule 6.08	  	-	  	Project Documents
	Schedule 6.14	  	-	  	Legal and Other Proceedings
	Schedule 6.23	  	-	  	Regulation

 CREDIT AGREEMENT 

THIS CREDIT AGREEMENT, dated as of October 15, 2014 (this “Agreement”), is made by and among HA WIND I LLC, a Delaware
limited liability company (the “Borrower”), the various financial institutions and other Persons (as defined below) from time to time parties hereto as lenders (the “Lenders”), and BANK OF AMERICA, N.A., as
collateral agent (in such capacity, together with its successors and assigns in such capacity, the “Collateral Agent”) and as Administrative Agent (in such capacity, together with its successors and assigns in such capacity, the
“Administrative Agent”). 
 W I T N E S S E T H: 

WHEREAS, HAT Holdings II LLC (the “Parent”) is the direct owner of 100% of the Capital Stock of the Borrower, which is
the direct owner of Capital Stock in Portfolio, which is the direct owner of Capital Stock in the Holding Companies; and 
 WHEREAS, the
Borrower has requested that the Lenders make a term loan to the Borrower; 
 NOW, THEREFORE, the Lenders are willing to make a term loan to
the Borrower on the terms and subject to the conditions set forth herein. Accordingly, the parties hereto agree as follows. 
 ARTICLE I.

 DEFINITIONS AND ACCOUNTING TERMS 

SECTION 1.01 Defined Terms. The following terms when used in this Agreement, including its preamble and recitals, shall, except where
the context otherwise requires, have the following meanings: 
 “Accounts” means the accounts established under the
Depositary Agreement, including the Revenue Account, the Debt Payment Account, the Debt Reserve Account, and the Distribution Account. 

“Additional Principal Payment Amount” is defined in Section 3.01. 

“Additional Project Document” means any contract or agreement entered into on or after the Closing Date in respect of the
ownership, construction, operation, maintenance or modification of a Project (including any Power Purchase Agreement, but excluding any Financing Document) the execution of which requires prior written consent of the Borrower or Portfolio, as
applicable, in accordance with the terms of the applicable Holding Company LLC Agreement. 
 “Administrative Agent” is
defined in the preamble and includes each other Person appointed as the successor Administrative Agent pursuant to Section 11.06. 

“Administrative Agent’s Account” means the account of the Administrative Agent specified by the Administrative Agent in
writing to the Lenders from time to time. 

  
 1 

 “Administrative Questionnaire” means an Administrative Questionnaire in
substantially the form of Exhibit B or any other form approved by the Administrative Agent. 
 “Affected Lender” is
defined in Section 12.11(m). 
 “Affiliate” means, with respect to a Person, any other Person that, directly or
indirectly through one or more intermediaries, controls, is controlled by or is under common control with such first Person. The term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of
the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise. 
 “Affiliate
Transaction” is defined in Section 9.06. 
 “Agents” means the Administrative Agent and the Collateral
Agent. 
 “Agreement” is defined in the preamble. 

“Applicable Law” means any constitution, statute, law, rule, regulation, ordinance, judgment, order, decree or Governmental
Approval, or any published directive or requirement that has the force of law, or other governmental restriction that has the force of law, or any determination by, or interpretation of any of the foregoing by, any judicial authority, applicable to
and/or binding on a given Person or any Project, as the context may require, whether in effect as of the Closing Date or thereafter and in each case as amended. 

“Applicable Lending Office” means the office of a Lender designated as its “Applicable Lending Office” on
Schedule I or in a Lender Assignment Agreement, or such other office of such Lender (or of an Affiliate of such Lender) as may be designated from time to time by notice from such Lender to the Administrative Agent and the Borrower. 

“Approved Fund” means any Person (other than a natural Person) that (a) is or will be engaged in making, purchasing,
holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business, and (b) is administered or managed by a Lender, an Affiliate of a Lender or a Person or an Affiliate of a Person that
administers or manages a Lender. 
 “Asset Sale” is defined in Section 9.04(e). 

“Authorized Officer” of any Person means the chief executive officer, president, chief financial officer, principal
accounting officer, treasurer, assistant treasurer or any vice president or other Person authorized to act on behalf of such Person as designated from time to time in a certificate of such Person delivered to the Administrative Agent, the Collateral
Agent and the Depositary (including the certificate delivered pursuant to Section 5.01(b)(C)(4)). 
 “BANA”
means Bank of America, N.A. 
 “Base Case Financial Model” is defined in Section 5.01(n). 

  
 2 

 “Board” means the Board of Governors of the Federal Reserve System of the United
States. 
 “Board of Directors” means: 

(a) with respect to a corporation, the board of directors of the corporation or any committee thereof duly authorized to act on behalf of such
board; 
 (b) with respect to a partnership, the board of directors of the general partner of the partnership or any committee duly
authorized and empowered to take action on behalf of such partnership by the partnership agreement of such partnership; 
 (c) with respect
to a limited liability company, the managing member or members or any controlling committee of managing members thereof; and with respect to any other Person, the board or committee of such Person serving a similar function. 

“Borrower” is defined in the preamble. 

“Borrower’s Account” means the account of the Borrower specified by the Borrower in writing to the Administrative Agent
from time to time. 
 “Borrowing” is defined in Section 2.01. 

“Business Day” means any day that is not a Saturday, Sunday or other day on which commercial banks in New York City, New York
are authorized or required by law to remain closed. 
 “Capital Expenditures” means any expenses that are capitalized on
the Borrower’s or any Portfolio Company’s, as applicable, balance sheet in accordance with GAAP. 
 “Capital
Stock” means: 
 (a) in the case of a corporation, corporate stock; 

(b) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however
designated) of corporate stock; 
 (c) in the case of a partnership or limited liability company, partnership interests (whether general or
limited) or membership interests; and 
 (d) any other interest or participation that confers on a Person the right to receive a share of
the profits and losses of, or distributions of assets of, the issuing Person, including all warrants, options or other rights to acquire any of the foregoing, but excluding from all of the foregoing any debt securities convertible into Capital
Stock, whether or not such debt securities include any right of participation with Capital Stock. 
 “Change in Law” means
the occurrence, after the date of this Agreement, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change 

  
 3 

 
in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any
request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection
Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking
Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted,
adopted or issued. 
 “Change of Control” means the occurrence, after the date of this Agreement, of either of the
following: (i) Sponsor ceases to own and control, beneficially and of record, directly or indirectly at least fifty and one-tenth percent (50.1%) of the aggregate issued and outstanding Capital Stock of the Parent or (ii) the Parent
ceases to own and control, beneficially and of record, 100% of the aggregate issued and outstanding Capital Stock of the Borrower. 

“Closing Date” means the date on which the conditions set forth in Section 5.01 of this Agreement shall have been
satisfied or waived. 
 “Code” means the Internal Revenue Code of 1986, and the regulations promulgated thereunder, in each
case as amended, reformed or otherwise modified from time to time. 
 “Collateral” means all collateral pledged, or in
respect of which a lien is granted, pursuant to the Security Documents. 
 “Collateral Agent” is defined in the
preamble. 
 “Communications” is defined in Section 11.11(a). 

“Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or
that are franchise Taxes or branch profits Taxes. 
 “Contractual Obligation” means, as applied to any Person, any
provision of any indenture, mortgage, deed of trust, credit agreement, contract, undertaking or other agreement or instrument to which such Person is a party or to which such Person or any of its assets is subject. 

“Contribution Agreement” means the Capital Contribution Agreement dated as of October 15, 2014 between JPMCC and the
Borrower. 
 “Conversion Notice” has the meaning set forth in Section 3.02(a)(i). 

“Credit Parties” means, collectively, the Lenders, the Collateral Agent and the Administrative Agent and each of their
respective successors, transferees and assigns. 

  
 4 

 “Dataroom” means that certain Compact Disc delivered by the Borrower to the
Administrative Agent, which includes documents, Written Notices, financial models, the table of contents of such dataroom is attached hereto as Schedule 6.08. 

“Debt Payment Account” is defined in the Depositary Agreement. 

“Debt Reserve Account” is defined in the Depositary Agreement. 

“Debtor Relief Laws” means title 11 of the United States Code, and all other liquidation, conservatorship, bankruptcy,
assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States or other applicable jurisdictions from time to time in effect. 

“Default” means any Event of Default or any condition, occurrence or event that, after notice or lapse of time or both, would
constitute an Event of Default. 
 “Depositary” means BANA, as Depositary under the Depositary Agreement, together with its
successors in such capacity. 
 “Depositary Agreement” means the Depositary Agreement, dated as of the date hereof, among
the Borrower, the Collateral Agent and the Depositary. 
 “Designated Jurisdiction” means any country or territory to the
extent that such country or territory itself is the subject of any Sanction. 
 “Distribution Account” is defined in the
Depositary Agreement. 
 “Distribution Conditions” is defined in the Depositary Agreement. 

“Dollar” and the sign “$” mean lawful money of the United States. 

“Eligible Assignee” means (a) a Lender, (b) an Affiliate of a Lender, (c) an Approved Fund or (d) any
other Person (other than an Ineligible Assignee) that is a bank or life insurance company or other financial institution that, in the case of this clause (d), is approved by the Borrower (which approval shall not be unreasonably withheld
or delayed), provided that no such approval by the Borrower shall be required if an Event of Default has occurred and is continuing. 

“Eminent Domain Proceeds” means all amounts and proceeds (including instruments) received by the Borrower in respect of any
Event of Eminent Domain (net of (a) all reasonable and customary collection expenses thereof and (b) all taxes applied or estimated (as determined in good faith by the Borrower)) to be required to be paid or that become due within the
following twelve (12) months as a result of an Event of Eminent Domain. 
 “Environmental Laws” means any applicable
and legally binding national, regional or local law, statute, ordinance, rule, regulation, code, principle of common law, license, permit, authorization, approval, consent, order, judgment, decree, injunction, enforceable requirement or agreement
with any Governmental Authority relating to the environment (including air, surface water, groundwater, drinking water supply, surface land, subsurface land, plant and animal life or 

  
 5 

 
any other natural resource) or, to the extent related to exposure to Hazardous Materials, to human health or safety, including statutes, regulations, and rules of common law regulating or
imposing liability or standards of conduct with respect to (a) emissions, discharges, releases or threatened releases of pollutants, contaminants, or Hazardous Materials or regulated wastes into the environment, or (b) the exposure to, or
use, storage, recycling, treatment, generation, manufacturing, transportation, processing, handling, labeling, production, release or disposal of any Hazardous Materials, in each case as amended and as now in effect. 

“Environmental Liabilities and Costs” means, all liabilities, obligations, responsibilities, losses, damages, punitive
damages, consequential damages, treble damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts and consultants and costs of investigation and feasibility studies), fines, penalties, sanctions and
interest, whether based in contract, tort, implied or express warranty, strict liability, criminal or civil statute, arising under any Environmental Law. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and any successor statute thereto of similar
import, together with the regulations thereunder, in each case as in effect from time to time. References to sections of ERISA also refer to any successor sections thereto. 

“ERISA Event” means (a) the occurrence of any “reportable event” as defined in Section 4043(c) of ERISA
or the regulations issued thereunder, other than those events as to which the 30-day notice period has been waived, with respect to a Pension Plan; (b) the failure by any Pension Plan to satisfy the minimum funding standard (within the meaning
of Sections 412 and 430 of the Code or Sections 302 and 303 of ERISA) applicable to such Pension Plan, in each case, whether or not waived; (c) the filing pursuant to Section 412(c) of the Code or Section 302(c) of ERISA of an
application for a waiver of the minimum funding standard with respect to any Pension Plan, the failure to make by its due date a required installment under Sections 412 or 430 of the Code with respect to any Pension Plan or the failure to make any
required contribution to a Multiemployer Plan; (d) a determination that any Pension Plan is, or is expected to be, in “at risk” status (as defined in Section 303(i)(4) of ERISA or Section 430(i)(4) of the Code); (e) the
incurrence by the Borrower or any member of the ERISA Group of any liability under Title IV of ERISA with respect to the termination of any Pension Plan; (f) the receipt by the Borrower or any member of the ERISA Group from the PBGC or a plan
administrator of any notice relating to an intention to terminate any Pension Plan or to appoint a trustee to administer any Pension Plan under Sections 4041 and 4042 of ERISA, respectively, or the occurrence of any event or condition that could
reasonably be expected to constitute grounds under ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan; (g) the incurrence by the Borrower or any member of the ERISA Group of any liability with respect
to the withdrawal or partial withdrawal from any Multiemployer Plan or liability under Section 4063 of ERISA with respect to a Pension Plan; (h) the receipt by the Borrower or any member of the ERISA Group of any notice, or the receipt by
any Multiemployer Plan from the Borrower or any member of the ERISA Group of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, in “critical” or
“endangered” status, within the meaning of Section 432 of the Code or Section 305 of ERISA; or (i) the occurrence of a non-exempt “prohibited transaction” (within the meaning of Section 4975 of the Code or
Section 406 of ERISA) that could reasonably be expected to result in material liability to the Borrower or any of its Subsidiaries. 

  
 6 

 “ERISA Group” means the Borrower and all members of a controlled group of
corporations and all trades or businesses (whether or not incorporated) under common control that, together with the Borrower, are treated as a single employer under Section 414(b), (c), (m) or (o) of the Code. 

“Event of Abandonment” means, with respect to a Project, the suspension, decommissioning or cessation for a period of at
least 120 consecutive days of all or substantially all of the operational and maintenance activities at such Project; provided, however, that any such suspension, decommissioning or cessation that arises from an Event of Loss, a
requirement of law, an event of force majeure, curtailment or failure to be dispatched, or other bona fide business reasons shall not constitute an Event of Abandonment, in each case, so long as the Borrower is taking Relevant Member Action
to overcome or mitigate the effects of the cause of suspension, decommissioning or cessation so that maintenance and/or operations, as the case may be, can be resumed. Any period of suspension, decommissioning or cessation shall end on the date that
operation and maintenance activities of a substantial nature are resumed. 
 “Event of Default” is defined in
Section 10.01. 
 “Event of Eminent Domain” means any compulsory transfer or taking, or transfer under threat
of compulsory transfer, or taking of any material part of a Project by any Governmental Authority. 
 “Event of Loss” means
an event that causes all or a portion of a Project to be damaged, destroyed or rendered unfit for normal use for any reason whatsoever, other than an Event of Eminent Domain. 

“Excluded Taxes” means any of the following Taxes imposed on or with respect to any Recipient or required to be withheld or
deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized under the laws
of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a
Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such
interest in the Loan or Commitment or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to Section 4.02(a)(ii), (a)(iii) or (c), amounts with respect to such Taxes were payable
either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its Lending Office, (c) Taxes attributable to such Recipient’s failure to comply with
Section 4.02(e) and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA. 
 “Exemption
Certificate” is defined in Section 4.02(e)(ii). 

  
 7 

 “FATCA” means Sections 1471 through 1474 of the Code, as of the date of this
Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to
Section 1471(b)(1) of the Code. 
 “Federal Funds Effective Rate” means, for any period, a fluctuating interest rate
equal for each day during such period to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published for such day (or, if such day is not a
Business Day, for the next preceding Business Day) by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average of the quotations for such day on such transactions received by the
Administrative Agent and from three Federal funds brokers of recognized standing selected by the Administrative Agent. 

“FERC” means the Federal Energy Regulatory Commission. 

“Filing Statements” means all UCC financing statements (Form UCC-1) or other similar financing statements and UCC
termination statements (Form UCC-3) required pursuant to the Financing Documents. 
 “Final Maturity Date” means the
earlier of (a) September 30, 2021 (or if such date is not a Business Day, the next preceding Business Day), and (b) the date, if any, on which the full unpaid amount of Obligations are declared due and payable pursuant to
Section 10.02. 
 “Financial Officer” of the Borrower means the president, the chief financial officer,
treasurer or assistant treasurer. 
 “Financing Documents” means this Agreement, the Term Loan Notes and the Security
Documents. 
 “Fiscal Quarter” means a quarter ending on the last day of March, June, September or December. 

“Fiscal Year” means any period of twelve consecutive calendar months ending on December 31; references to a Fiscal Year
with a number corresponding to any calendar year (e.g., the “2014 Fiscal Year”) refer to the Fiscal Year ending on December 31 of such calendar year. 

“FPA” means the Federal Power Act, as amended. 

“Foreign Lender” means (a) if the Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (b) if the
Borrower is not a U.S. Person, a Lender that is resident or organized under the laws of a jurisdiction other than that in which the Borrower is resident for tax purposes. For purposes of this definition, the United States, each State thereof and the
District of Columbia shall be deemed to constitute a single jurisdiction. 

  
 8 

 “GAAP” means generally accepted accounting principles set forth in the opinions
and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board. 

“Governmental Approvals” means, with respect to any Person (a) any authorization, consent, approval, license, ruling,
permit, certification, exemption, filing, variance, order, judgment, decree or publication of, by or with, (b) any notice to, (c) any declaration of, by or with or (d) any registration by or with, any Governmental Authority required
to be obtained or made by such Person. 
 “Governmental Authority” means the government of the United States, any other
nation or any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or
functions of or pertaining to such government. 
 “Granting Lender” is defined in Section 12.11(k). 

“Hazardous Material” means any substance, material or waste listed, defined, designated or classified as hazardous, toxic,
radioactive, biohazardous, infectious or dangerous, or otherwise regulated as such under any Environmental Law, including petroleum, petroleum by-products and asbestos-containing materials. 

“Hedging Obligations” means, with respect to any specified Person, the obligations of such Person under: interest rate swap
agreements (whether from fixed to floating or from floating to fixed), interest rate cap agreements and interest rate collar agreements; other agreements or arrangements designed to manage interest rates or interest rate risks; and other agreements
or arrangements designed to protect such Person against fluctuations in currency exchange rates or commodity prices. 
 “Holding
Company” means each of (a) Oasis Power Partners LLC, a Delaware limited liability company, (b) 2007 Vento I, LLC, a Delaware limited liability company, (c) Sand Bluff WF Holdco, LLC (f/k/a Airtricity Sand Bluff WF HoldCo,
LLC), a Delaware limited liability company and (d) Scurry County Wind LP LLC, a Delaware limited liability company. 
 “Holding
Company Buyout Event” means the acquisition of Portfolio’s membership interests in any Holding company by the applicable “Sponsor” (as defined in the Portfolio LLC Agreement) pursuant to the applicable Holding Company LLC
Agreement. 
 “Holding Company LLC Agreement” means, with respect to each Holding Company, the limited liability company
agreement of such Holding Company between the members thereof. 
 “Indebtedness” of any Person means, at any date, without
duplication: all obligations of such Person for borrowed money, whether or not for cash and by whatever means; all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments (excluding “deposit only”
endorsements on checks payable to the order of such Person); all obligations of such Person to pay the deferred purchase price of property or services (except, in respect of the Project Companies only, accounts payable and similar obligations
arising in the ordinary course of business shall not be included herein); all obligations of such Person as lessee under capital 

  
 9 

 
leases to the extent required to be capitalized on the books of such Person in accordance with GAAP; all obligations of such Person under conditional sale or other title retention agreements
relating to property or assets purchased by such Person; all Indebtedness of others secured by (or for which the holder of such indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property owned or acquired by
such Person, whether or not the obligations secured thereby have been assumed; all net liabilities of such Person in respect of Hedging Obligations; all obligations of such Person as an account party in respect of letters of credit and bankers’
acceptances; and all obligations of others of the type referred to in clauses (a) through (h) above guaranteed by such Person, whether or not secured by a Lien or other security interest on any asset of such Person. 

“Indemnified Liabilities” is defined in Section 12.04. 

“Indemnified Parties” is defined in Section 12.04. 

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

“Independent Engineer” means DNV GL-GH or another widely recognized independent engineering firm that is mutually agreed upon
by the Lenders. 
 “Ineligible Assignee” means a natural Person, the Borrower, any Affiliate of the Borrower or any other
Person taking direction from, or working in concert with, the Borrower or any of the Borrower’s Affiliates. 
 “Interconnection
Agreements” means the interconnection agreement for any Project. 
 “Investments” means, with respect to any
Person, all direct or indirect investments by such Person in other Persons (including Affiliates) in the forms of loans (including guarantees or other obligations), advances or capital contributions (excluding commission, travel and similar advances
to officers and employees made in the ordinary course of business), purchases or other acquisitions for consideration of Indebtedness, Capital Stock or other securities, together with all items that are or would be classified as investments on a
balance sheet prepared in accordance with GAAP. 
 “JPMCC” means JPM Capital Corporation, a Delaware corporation. 

“Knowledge” means, with respect to any Person, the actual knowledge of any such Person or any knowledge that should have been
obtained by such Person upon reasonable review of all files in the possession of or within the control of such Person and reasonable inquiry of the relevant officers and employees of such Person (including, with respect to the Borrower, any
information included in any Written Notice delivered to the Borrower, the Parent or Sponsor relating to any Portfolio Company or any Project), provided, however, that with respect to any representation and warranty of the Borrower set forth in
Article 6 of this Agreement and made on the Closing Date, to the extent such representation relates to any Holding Company or Project Company or any Project Document, “Knowledge” of the Borrower is limited to the actual knowledge of the
Borrower that should have been obtained by the Borrower upon reasonable review of all files available in the Dataroom as of the Closing Date. 

  
 10 

 “Lender Assignment Agreement” means an assignment agreement substantially in the
form of Exhibit B hereto. 
 “Lenders” is defined in the preamble and includes any Person that becomes a
Lender pursuant to Section 12.11. 
 “Lender’s Environmental Liability” means any and all losses,
liabilities, obligations, penalties, claims, litigation, demands, defenses, costs, judgments, suits, proceedings, damages (including consequential damages), disbursements or expenses of any kind or nature whatsoever (including reasonable
attorneys’ fees at trial and appellate levels and experts’ fees and disbursements and expenses incurred in investigating, defending against or prosecuting any litigation, claim or proceeding) that may at any time be imposed upon, or
asserted or awarded against, any Credit Party or any of such Person’s Affiliates, shareholders, directors, officers, employees, and agents in connection with or arising from: any Hazardous Material on, in, under or affecting all or any portion
of any property of the Borrower or any of the Portfolio Companies, the groundwater thereunder, or any surrounding areas thereof to the extent caused by Releases by the Borrower or any of the Portfolio Companies at, on or from the Borrower’s or
any of the Portfolio Companies’ properties; any investigation, claim, litigation or proceeding related to personal injury arising from exposure or alleged exposure to Hazardous Materials caused by the Borrower or any of the Portfolio Companies;
any misrepresentation, inaccuracy or breach of any warranty, contained or referred to in Section 6.04 (in the case of clause (a) thereof, to the extent related to Environmental Laws); any violation or claim of violation by
the Borrower or any of the Portfolio Companies of any Environmental Laws; or the imposition of any Lien imposed on any real property owned by the Borrower or any of the Portfolio Companies related to the recovery of any costs for the cleanup,
release or threatened release of Hazardous Material at such property. 
 “LIBOR Daily Floating Rate” means the fluctuating
rate of interest, which shall change on each Business Day, equal to the London Interbank Offered Rate, or a comparable or successor rate which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen page (or
such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) at or about 11:00 a.m., London time, two (2) Business Days prior to the date in question, for Dollar deposits
with a term equivalent to a one (1) month term beginning on that date; provided that: (i) to the extent a comparable or successor rate is approved by the Administrative Agent in connection herewith, the approved rate shall be applied
in a manner consistent with market practice; provided, further that to the extent such market practice is not administratively feasible for the Administrative Agent, such approved rate shall be applied in a manner as otherwise
reasonably determined by the Administrative Agent and (ii) if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. 

“Lien” means any mortgage, pledge, hypothecation, assignment, mandatory deposit arrangement, encumbrance, security interest,
charge, lien (statutory or other), preference, priority or other collateral agency agreement of any kind or nature whatsoever that has the effect of 

  
 11 

 
constituting a security interest, including any conditional sale or other title retention agreement, any financing lease having substantially the same effect as any of the foregoing and the
filing of any financing statement or similar instrument under the UCC or comparable law of any jurisdiction, domestic or foreign. 

“Loans” means the Term Loans. 

“Loss Proceeds” means all amounts and proceeds from an Event of Loss received by the Borrower or any of its Subsidiaries,
including insurance proceeds or other amounts actually received, except proceeds of business interruption insurance (net of (a) all reasonable and customary collection expenses thereof and (b) all taxes applied or estimated (as determined
in good faith by the Borrower) to be required to be paid or that become due within the following twelve (12) months as a result of an Event of Loss). 

“Major Project Document Termination Event” means any Major Project Document has been terminated or has ceased to be valid and
in full force and effect prior to its stated maturity date, unless (i) the applicable Portfolio Company shall have entered into a Replacement Project Document in respect thereof, (ii) the Independent Engineer shall have certified in
writing, with supporting evidence reasonably satisfactory to the Lenders, or the Lenders shall otherwise have agreed, that such termination shall not have a Material Adverse Change on the Borrower’s ability to satisfy its payment obligations
under the Loans as they become due, or (iii) the Borrower shall have made a prepayment of the Loans in an amount that each of the Lenders and the Borrower determines is sufficient to remedy any adverse impacts to the Lenders that the Lenders
reasonably expect to incur as a result of such revocation/termination. 
 “Major Project Documents” means (i) the
Organic Documents for each Portfolio Company and the Borrower, (ii) the Power Purchase Agreements identified as item 3 on Schedule 6.08, (iii) the Interconnection Agreements (except for the Interconnection Agreement identified as
item 4 on Schedule 6.08) and (iv) all material Governmental Approvals of the Borrower and each Portfolio Company. 

“Margin Stock” has the meaning assigned to such term in Regulation U. 

“Material Adverse Change” means any event, development or circumstance (a) (i) that has had or could reasonably be
expected to have a material adverse effect on (x) the business, assets, property or condition (financial or otherwise) of the Borrower, any Portfolio Company or any of the Projects or (y) the validity or enforceability of, or the ability
of any Portfolio Company to perform any of its obligations under, any of the Major Project Documents (other than the Holding Company LLC Agreements) to which it is a party, and (ii) result in, together with all other events, developments of
circumstances of the type described in clause (i) that do not individually satisfy this clause (ii), a reduction (on a net present value basis) of available cash flow of the Borrower of $1,500,000 or greater over the period beginning on such
date and ending December 31, 2029, or (b) that has had or could reasonably be expected to have a material adverse effect on the validity or enforceability of, or the ability of the Borrower or Portfolio to perform any of its obligations
under, any of the Financing Documents, the Holding Company LLC Agreements or the Portfolio Transaction Documents to which it is a party or the rights or remedies of any of the Credit Parties thereunder. 

  
 12 

 “Minimum Principal Payment Amount” means, in respect of each Payment Date, an
amount equal to one-half percent (0.5%) of the principal amount of the Loans on the Closing Date; provided that with respect to the Payment Date occurring on March 31, 2015, the Minimum Principal Payment Amount will be an amount equal to
(a) one-half percent (0.5%) of the principal amount of the Loans on the Closing Date plus (b) a fraction, the numerator of which is the number of days from and including the Closing Date through December 31, 2014 and the denominator
of which is 365, multiplied by two percent (2.0%) of the principal amount of the Loans on the Closing Date. 
 “Minor Project
Document Termination Event” means any Minor Project Document has been terminated or has ceased to be valid and in full force and effect prior to its stated maturity date and such event could reasonably be expected to cause a Material
Adverse Change, unless (i) the applicable Portfolio Company shall have entered into a Replacement Project Document in respect thereof, (ii) the Independent Engineer shall have certified in writing, with supporting evidence reasonably
satisfactory to the Lenders, or the Lenders shall otherwise have agreed, that such event shall not cause a Material Adverse Change, or (iii) the Borrower shall have made a prepayment of the Loans in an amount that each of the Lenders and the
Borrower determines is sufficient to remedy any adverse impacts to the Lenders that the Lenders reasonably expect to incur as a result of such revocation/termination. 

“Minor Project Documents” means (i) each master engineering, procurement and construction contract, turbine supply
agreement, balance of plant construction contract, warranty agreement, parts agreement, service agreement and other related agreements, if any, to the extent any warranty or other material obligation thereunder remains in effect, with respect to any
counterparty of any Project Company, (ii) each operating and maintenance agreement, whether for turbines or balance of plant, for each Project Company, (iii) each administrative services agreement or other management or other
administration agreement for each Project Company and (iv) each Power Purchase Agreement or Interconnection Agreement that does not constitute a Major Project Document. 

“Multiemployer Plan” means an employee pension benefit plan within the meaning of Section 3(37) of ERISA to which any
member of the ERISA Group is then making or accruing an obligation to make contributions or has any liability. 
 “Necessary Capital
Expenditures” means any Capital Expenditures that are certified in an Officer’s Certificate as being necessary for the continued operation or maintenance of a Project, or are required by Applicable Law or any Project Document;
provided that any such Project Document (a) was in effect as of the Closing Date and has not been amended thereafter to provide for additional Capital Expenditures or (b) replaces a Project Document that was in existence as of the
Closing Date and that, during the remaining term of the existing Project Document that it replaces, does not require Capital Expenditures during such remaining term in excess of the Capital Expenditures required and not yet made under such existing
Project Documents. Necessary Capital Expenditures shall not include any Capital Expenditure undertaken primarily to increase the efficiency of or expand any Project or Capital Expenditures for environmental purposes that are not required by
Applicable Law (provided that, if an Applicable Law requires compliance by a specified date, such expenditure will be considered a “Necessary Capital Expenditure” even if made, or such Project is completed, prior to such date)

  
 13 

 
or the Project Documents; provided that any such Project Document (i) was in effect as of the Closing Date and has not been amended thereafter to provide for additional Capital
Expenditures or (ii) replaces a Project Document that was in existence as of the Closing Date and that, during the remaining term of the existing Project Document that it replaces, does not require Capital Expenditures during such remaining
term in excess of the Capital Expenditures required and not yet made under such existing Project Documents. 
 “Non-Recourse
Parties” is defined in Section 12.12(a). 
 “Notice of Borrowing” is defined in
Section 2.03(a). 
 “Oasis ROFO Notice” means a notice in the form attached hereto as Exhibit F-2. 

“Obligations” means the unpaid principal of and interest on (including interest accruing after the maturity of the Loans and
interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such
proceeding) and all other obligations and liabilities of the Borrower to any Secured Party, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, that may arise under, out of, or in
connection with, this Agreement, any other Financing Document, or any other document made, delivered or executed by any Lender in connection herewith or therewith, whether on account of principal, interest, reimbursement obligations, fees,
indemnities, costs, expenses (including all fees, charges and disbursements of counsel to the Administrative Agent, the Collateral Agent or to any Lender that are required to be paid by the Borrower pursuant hereto) or otherwise. 

“OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury. 

“Officer’s Certificate” means a certificate signed on behalf of the Borrower by an Authorized Officer of the Borrower.

 “Organic Document” means, relative to any non-natural Person, as applicable, its certificate of incorporation, by-laws,
certificate of partnership, partnership agreement, certificate of formation, limited liability company agreement and all shareholder agreements, voting trusts and similar arrangements applicable to any of such Person’s partnership interests,
limited liability company interests or authorized shares of Capital Stock. 
 “Other Connection Taxes” means, with respect
to any Person, Taxes imposed as a result of a present or former connection between such Person and the jurisdiction imposing such Tax (other than connections arising from such Person having executed, delivered, become a party to, performed its
obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Financing Document, or sold or assigned an interest in any Loans or Financing Document) 

“Other Taxes” means any and all stamp or documentary or substantially similar taxes, or any other excise, transfer or
property taxes or similar levies that arise on account of any payment made or required to be made under any Financing Document or from the execution, delivery, 

  
 14 

 
registration, recording or enforcement of, or otherwise with respect to, any Financing Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other
than an assignment made pursuant to Section 4.06). 
 “Parent” is defined in the recitals. 

“Participant” is defined in Section 12.11(d). 

“Participant Register” is defined in Section 12.11(d). 

“Patriot Act” means the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), as amended and
supplemented from time to time. 
 “Patriot Act Disclosures” means all documentation and other information that any Credit
Party reasonably believes is required and requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act. 

“Payment Date” means the last Business Day of each March, June, September and December, commencing March 31, 2015. 

“PBGC” means the Pension Benefit Guaranty Corporation and any entity succeeding to any or all of its functions under ERISA.

 “Pension Plan” means any single employer “employee pension benefit plan” within the meaning of
Section 3(2) of ERISA that is maintained, contributed to or sponsored in whole or in part by the Borrower or any member of the ERISA Group. 

“Permitted Business” means the business that the Borrower and Portfolio, respectively, are engaged in on the Closing Date,
which consists of (i) entering into the Financing Documents and the Portfolio Transaction Documents and performing the activities contemplated thereby and (ii) the holding, directly or indirectly, of Capital Stock of the other Portfolio
Companies. 
 “Permitted Investments” is defined in the Depositary Agreement. 

“Permitted Liens” means: 

(a) the rights and interests of the Collateral Agent and any other Secured Party as provided in the Financing Documents; 

(b) Liens for any tax, assessment or other governmental charge not yet due or being contested in good faith and by appropriate proceedings, so
long as adequate reserves have been provided therefor to the extent required by and in accordance with GAAP; 
 (c) Liens arising out of
judgments or awards so long as enforcement of such Lien has been stayed and an appeal or proceeding for review is being prosecuted in good faith and for the payment of which adequate reserves, bonds or other reasonable security have been provided or
are fully covered by insurance; and 
 (d) any Lien disclosed in the financial statements issued prior to the Closing Date in respect of any
Holding Company or Project Company, or permitted under the Organic Documents of any Holding Company or Project Company. 

  
 15 

 “Person” means any individual, sole proprietorship, corporation, partnership,
joint venture, limited liability partnership, limited liability company, trust, unincorporated association, institution, Governmental Authority or any other entity. 

“Plan” means any “employee benefit plan” within the meaning of Section 3(3) of ERISA (a) that is
maintained in whole or in part by the Borrower or any member of the ERISA Group, or (b) with respect to which the Borrower or any member of the ERISA Group has a direct or indirect, actual or contingent liability including any Multiemployer
Plan. 
 “Pledge Agreement” means the pledge agreement, dated as of the Closing Date, pursuant to which the Parent granted
a first priority security interest to the Collateral Agent (for the benefit of the Secured Parties) in the Capital Stock of the Borrower. 

“Platform” is defined in Section 11.11(b). 

“Portfolio” means Strong Upwind Holdings LLC, a Delaware limited liability company. 

“Portfolio Company” means each of Portfolio, each Holding Company and each Project Company. 

“Portfolio LLC Agreement” means the Limited Liability Company Agreement of Portfolio, dated October 15, 2014. 

“Portfolio Transaction Documents” means the Contribution Agreement, the Purchase Agreements and the Portfolio LLC Agreement.

 “Power Purchase Agreements” means each power purchase agreement or other offtake agreements (including energy hedges,
whether or not energy is sold thereunder), and REC sales agreements for any Project. 
 “Project Company” means the Person
that directly owns the assets comprising any Project. 
 “Project Documents” means, collectively, the Major Project
Documents, Minor Project Documents, the Additional Project Documents, the Holding Company LLC Agreements and any other agreement that is material to any Project or Portfolio Company, and “Project Document” means each of them individually.

 “Project Revenues” is defined in the Depositary Agreement. 

“Projects” means, collectively, the following wind farms, and “Project” means each of them individually:
(a) Project Oasis, Mojave located in Kern County, California, (b) Sand Bluff located in Sterling City, Texas, (c) Blue Canyon 2 located in Carnegie, Oklahoma, (d) Lone Star Wind Farm located in Shackleford County, Texas,
(e) Twin Groves located in Ellsworth, Illinois, 

  
 16 

 
(f) Maple Ridge 1b located in Lewis County, New York, (g) Maple Ridge 2 located in Lewis County, New York, (h) Madison located in Syracuse, Madison County, New York, (i) Camp
Springs I located in Snyder, Texas and (j) Camp Springs II located in Snyder, Texas. 
 “Prudent Industry Practice”
means the practices, methods and acts engaged in or approved by a significant portion of the independent wind power project industry in the United States applicable to wind power projects similar to the Projects during the relevant time period,
which practices, methods, and acts, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been reasonably expected to accomplish the desired result at a reasonable cost consistent with good
business practices, reliability, safety and expedition. Prudent Industry Practice is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather is intended to include prudent practices, methods, and
acts generally accepted in the United States. 
 “PUHCA” means the Public Utility Holding Company Act of 2005. 

“Purchase Agreements” has the meaning set forth in the Contribution Agreement as in effect on the date hereof. 

“Real Property” means, for each of the Projects, any real property interest (fee, leasehold, or otherwise) owned or leased by
the applicable Project Company. 
 “Recipient” means the Administrative Agent, any Lender or any other recipient of any
payment to be made by or on account of any obligation of the Borrower hereunder. 
 “Register” is defined in
Section 12.11(c). 
 “Regulation T”, “Regulation U” or “Regulation X” means
Regulation T, U or X, as the case may be, of the Board, as in effect from time to time. 
 “Related Parties” means, with
respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s Affiliates. 

“Release” means any release, spill, emission, leaking, pumping, pouring, emptying, escaping, dumping, injection, deposit,
disposal, discharge, dispersal, leaching or migration of any Hazardous Material, into the indoor or outdoor environment including the movement of Hazardous Materials through or in the air, soil, surface water, ground water or property. 

“Relevant Member Action” means, with respect to any matter relating to a Project or a Portfolio Company with respect to which
the Organic Documents of such Portfolio Company (or any other contract or agreement, or instrument) grant voting, approval or consent rights to the Borrower, or otherwise provide the Borrower with the ability to cause any Portfolio Company to take,
or restrict any Portfolio Company from taking, any action, the exercise by the Borrower of such voting, approval, consent or other rights in conformity with the applicable Organic Documents and the Borrower’s fiduciary duties, if any, as such
exercise may be limited by Applicable Law. 

  
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 “Remedial Action” means all actions required under applicable Environmental Law
to (a) clean up, remove, remedy, treat or in any other way address Hazardous Materials in the indoor or outdoor environment, (b) prevent any imminently threatened Release or minimize the further Release of Hazardous Materials so they do
not migrate or endanger or threaten to endanger public health or welfare or the indoor or outdoor environment, or (c) perform pre-remedial studies and investigations and post-remedial monitoring and care. 

“Removal Effective Date” is defined in Section 11.06(b). 

“Replacement Project Document” means any project document entered into after the Closing Date in replacement of a Major
Project Document or a Minor Project Document (a) that has economic terms (including pricing, payment provisions and term thereof) and other material terms (including scope of services, performance standards, performance assurance, indemnities,
warranties, termination rights and obligations) each of which is substantially similar to or more favorable to the Project Company, and substantially similar or more favorable non-economic terms (taken as a whole) as the Major Project Document or
Minor Project Document being replaced and (b) the counterparty under which (or the guarantor of such counterparty’s obligations) has substantially similar or better creditworthiness and experience as the counterparty to the Major Project
Document or the Minor Project Document being replaced. Each Replacement Project Document shall be deemed to be a Major Project Document or a Minor Project Document, as applicable. 

“Required Lenders” means, at any time, Lenders having Term Loans outstanding, that taken together represent more than
sixty-six percent (66%) of the aggregate principal amount of the Term Loans outstanding. 
 “Resignation Effective
Date” is defined in Section 11.06(a). 
 “Restricted Payment” means, with respect to the Borrower or
Portfolio, (a) the declaration and payment of distributions, dividends or any other payment made in cash, property, obligations or other notes on account of the Capital Stock of the Borrower or Portfolio, (b) any payment of the principal
of, or interest or premium, if any, on, any subordinated Indebtedness of the Borrower, (c) the making of any loans or advances to any Affiliate of the Borrower (other than Permitted Investments), (d) any purchase, redemption, acquisition
or retirement for value (including in connection with any merger or consolidation of the Borrower) of any of the Borrower’s or Portfolio’s Capital Stock or (e) any Investment in any Person (other than a Permitted Investment);
provided, however, that the term “Restricted Payments” shall not include any payments contemplated hereby and by the other Financing Documents. 

“Revenue Account” is defined in the Depositary Agreement. 

“Sanction(s)” means any sanction administered or enforced by the United States Government, including OFAC, the United Nations
Security Council, the European Union, Her Majesty’s Treasury or other relevant sanctions authority. 
 “Sand Bluff ROFO
Notice” means a notice in the form attached hereto as Exhibit F-3. 

  
 18 

 “Scurry County ROFO Notices” means the notices in the form attached hereto as
Exhibit F-4A and Exhibit F-4B. 
 “SEC” means the United States Securities and Exchange Commission. 

“Secured Parties” means, collectively, the Lenders, the Depositary, the Administrative Agent and the Collateral Agent. 

“Security Agreement” means that certain pledge and security agreement, dated as of the Closing Date, between the Borrower and
Collateral Agent, granting to the Collateral Agent (for the benefit of the Secured Parties) a security interest in the Collateral described therein, including the Capital Stock of Portfolio held by the Borrower. 

“Security Documents” means, collectively, the Depositary Agreement, the Pledge Agreement, the Security Agreement, and any
other document providing for any lien, pledge, encumbrance, mortgage or security interest for the benefit of the Secured Parties on any or all of the Borrower’s Capital Stock, the Borrower’s assets or the ownership interests thereof or the
Borrower’s ownership interests in Portfolio. 
 “Solvent” means, with respect to any Person, that, as of any date of
determination, (a) the amount of the fair saleable value of the assets of such Person will, as of such date, exceed the value of all liabilities of such Person (including net contingent liabilities) as of such date, (b) such Person will
not have, as of such date, an unreasonably small amount of capital for the operation of the businesses in which it is engaged or proposes to be engaged following such date, and (c) such Person will be able to pay its liabilities, including
contingent and other liabilities, as they mature. For purposes of the foregoing, the amount of contingent liabilities at any time shall be computed as the amount that, in light of all the facts and circumstances existing at such time, can reasonably
be expected to become an actual or matured liability. 
 “SPC” is defined in Section 12.11(k). 

“Sponsor” means Hannon Armstrong Sustainable Infrastructure Capital, Inc. 

“Subsidiary” means, with respect to any specified Person: any corporation, association or other business entity of which more
than 50% of the total voting power of shares of Capital Stock entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) to
vote in the election of directors, managers or trustees of the corporation, association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a
combination thereof); and any partnership (i) the sole general partner of which is such Person or a Subsidiary of such Person or (ii) the only general partners of which are that Person or one or more Subsidiaries of that Person (or any
combination thereof). 
 “Target Debt Balance” means, with respect to each Payment Date, the amount listed on Schedule
3.01 for such Payment Date less the sum of (i) mandatory prepayments made pursuant to Section 3.01(d) and optional prepayment made pursuant to clause (iii) of the definition of Major Project Document Termination Event,
clause (iii) of the definition of Minor Project Document Termination Event, Section 10.01(f), Section 10.01(g), Section 10.01(h) or Section 10.01(k), in each case prior to such Payment Date. 

  
 19 

 “Taxes” means any and all income, stamp or other taxes, duties, levies, imposts,
charges, assessments, fees, deductions or withholdings (including backup withholding), now or hereafter imposed, levied, collected, withheld or assessed by any Governmental Authority, and all interest, penalties or similar liabilities with respect
thereto. 
 “Term Loan Commitment” means, relative to any Lender, such Lender’s obligation to make a Term Loan
pursuant to Section 2.01 in an amount up to but not exceeding its Term Loan Percentage of the Term Loan Commitment Amount. 

“Term Loan Commitment Amount” means $115,316,208.00. 

“Term Loan Note” means a promissory note of the Borrower payable to any Lender, in the form of Exhibit D hereto
(as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of the Borrower to such Lender resulting from such Lender’s outstanding Term Loan, and also means all other
promissory notes accepted from time to time in substitution therefor or renewal thereof. 
 “Term Loan Percentage” means,
relative to any Lender, the applicable percentage set forth opposite its name on Schedule I under the Term Loan Percentage column or set forth in a Lender Assignment Agreement under the column titled “Term Loan Amount”, as such
percentage may be adjusted from time to time pursuant to Lender Assignment Agreements executed by such Lender and its assignee Lender and delivered pursuant to Section 12.11. 

“Term Loans” is defined in Section 2.01. 

“Termination Date” means the date on which all Obligations have been paid in full (other than indemnity obligations not yet
due and payable) in cash. 
 “Terrorism Laws” means any of the following (a) Executive Order 13224 issued by the
President of the United States, (b) the Terrorism Sanctions Regulations (Title 31 Part 595 of the U.S. Code of Federal Regulations), (c) the Terrorism List Governments Sanctions Regulations (Title 31 Part 596 of the U.S. Code of
Federal Regulations), (d) the Foreign Terrorist Organizations Sanctions Regulations (Title 31 Part 597 of the U.S. Code of Federal Regulations), (e) the Uniting and Strengthening America by Providing Appropriate Tools Required to
Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 (as it may be subsequently codified), and (f) any regulations promulgated pursuant thereto or pursuant to any legal requirements of any Governmental Authority governing terrorist
acts and acts of war. 
 “UCC” means the Uniform Commercial Code as in effect from time to time in the State of New
York; provided that if, with respect to any Filing Statement or by reason of any provisions of law, the perfection or the effect of perfection or non-perfection of the security interests granted to the Collateral Agent pursuant to the
applicable Financing Document is governed by the Uniform Commercial Code as in effect in a jurisdiction of the United States other than New York, UCC means the Uniform Commercial Code as in effect from time to time in such other
jurisdiction for purposes of the provisions of each Financing Document and any Filing Statement relating to such perfection or effect of perfection or non-perfection. 

  
 20 

 “United States” or “U.S.” means the United States of America,
its fifty states and the District of Columbia. 
 “U.S. Person” means any Person that is a “United States Person”
as defined in Section 7701(a)(30) of the Code. 
 “U.S. Tax Compliance Certificate” has the meaning specified in
Section 4.02(e)(ii)(B)(III). 
 “Vento I ROFO Notice” means a notice in the form attached hereto as Exhibit
F-1. 
 “Withdrawal Liability” means liability to a Multiemployer Plan as a result of a complete or partial withdrawal
from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. 
 “Written Notice”
means any written offer, report, filing, acceptance, election, approval, consent, certification, request, waiver, notice or other document or written communication delivered with respect to a Project or Portfolio Company, excluding communications
relating to administrative matters. 
 SECTION 1.02 Certain Principles of Interpretation. In this Agreement, unless otherwise
indicated, the singular includes the plural and plural the singular; words importing any gender include the other gender; references to statutes or regulations are to be construed as including all statutory or regulatory provisions consolidating,
amending or replacing the statute or regulation referred to; references to “writing” include printing, typing, lithography and other means of reproducing words in a tangible visible form; the words “including,”
“includes” and “include” shall be deemed to be followed in each instance by the words “without limitation”; references to articles, sections (or subdivisions of sections), exhibits, annexes or schedules are to this
Agreement (unless otherwise specified); references to agreements and other contractual instruments shall be deemed to include all subsequent amendments, restatements, extensions and other modifications, replacements and substitutions thereof
(including by change orders where applicable) (without, however, limiting any prohibition on any such amendments, extensions and other modifications, replacements and substitutions by the terms of this Agreement); and references to Persons include
their respective permitted successors and assigns and, in the case of Governmental Authorities, Persons succeeding to their respective functions and capacities. 

SECTION 1.03 Accounting Terms. All accounting terms not specifically or completely defined herein shall be construed in conformity
with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP, except as otherwise specifically prescribed herein. 

SECTION 1.04 Times of Day. Unless otherwise specified, all references herein to times of day shall be references to Eastern time
(daylight or standard, as applicable). 

  
 21 

 SECTION 1.05 Timing of Payment or Performance. When the payment of any obligation or the
performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment or performance shall extend to the immediately succeeding Business Day, and in the case of
payments, such extension of time shall be included in the computation of interest or fees, as the case may be, without duplication of any interest or fees so paid in the next subsequent calculation of interest or fees payable. 

ARTICLE II. 
 TERM LOAN
COMMITMENTS AND TERM LOAN BORROWINGS 
 SECTION 2.01 Term Loan Commitments. Subject to the terms and the conditions of this
Agreement, each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make a term loan (each a “Term Loan” and collectively, the “Term Loans”) to the Borrower on the Closing Date. The
borrowing of such Term Loans shall consist of Term Loans made simultaneously by the Lenders on the Closing Date ratably in proportion to their respective Term Loan Percentages of the Term Loan Commitment Amount (the “Borrowing”).
After the making of the Term Loans, the Term Loan Commitments shall terminate. 
 SECTION 2.02 Nature of Loans. The Term Loans are
not revolving in nature and amounts repaid or prepaid in respect thereof may not be reborrowed. 
 SECTION 2.03 Borrowing Procedures.
In order to request a Borrowing hereunder, the Borrower shall deliver to the Administrative Agent a fully executed notice of Borrowing (the “Notice of Borrowing”) no later than one (1) Business Day prior to the Closing Date.
The Notice of Borrowing shall be by telephone, confirmed in writing by facsimile, in substantially the form of Exhibit E, specifying therein the requested (i) date of Borrowing (which shall be the Closing Date) and (ii) aggregate
amount of the Borrowing. Promptly upon receipt by the Administrative Agent of such Notice of Borrowing, the Administrative Agent shall notify the Lenders of the requested Borrowing. 

(b) Each Lender shall make its Term Loan available to the Administrative Agent not later than 2:00 p.m. (New York City time) on the Closing
Date, by wire transfer of same day funds in Dollars, to the Administrative Agent’s Account. Upon satisfaction or waiver of the applicable conditions precedent specified herein, the Administrative Agent shall make the proceeds of the Term Loans
available to the Borrower on the Closing Date by causing an amount of same day funds in Dollars equal to the proceeds of the Term Loans received by the Administrative Agent from the Lenders to be credited to the Borrower’s Account. 

SECTION 2.04 Lending Office. The Term Loans held by each Lender shall be maintained at such Lender’s Applicable Lending Office.

 SECTION 2.05 Notes; Accounts. 

(a) Each Lender may maintain in accordance with its usual practice an account or accounts evidencing the Indebtedness of the Borrower to such
Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. 

  
 22 

 (b) [Reserved.] 

(c) On the Closing Date, the Borrower shall execute and deliver to each Lender a Term Loan Note evidencing the Term Loan made by such Lender.

 (d) The Borrower hereby irrevocably authorizes each Lender to make (or cause to be made) appropriate notations on the grid attached to
such Lender’s Term Loan Note (or on any continuation of such grid), which notations, if made, shall evidence the date of, the outstanding principal amount of and interest in respect of, and payments with respect to the Term Loans evidenced
thereby. Such notations shall, to the extent not inconsistent with the notations made by the Administrative Agent in the Register, be conclusive and binding on the Borrower absent manifest error; provided, however, that the failure of
any Lender to make any such notations or any error in any such notations shall not limit or otherwise affect any Obligations of the Borrower. A Term Loan Note and the Obligations evidenced thereby may be assigned or otherwise transferred in whole or
in part only in accordance with Section 12.11. 
 ARTICLE III. 

REPAYMENTS, PREPAYMENTS, INTEREST AND FEES 

SECTION 3.01 Repayments and Prepayments; Application. (a) Repayment. The Borrower shall repay the Term Loans in
installments on each Payment Date in an amount equal to the Minimum Principal Payment Amount for that Payment Date. If, as of any Payment Date, the aggregate principal balance of the Term Loans exceeds the Target Debt Balance (such excess on any
Payment Date, the “Additional Principal Payment Amount”), the Borrower shall repay the Term Loan on such Payment Date in an amount equal to such excess. In addition, on the Final Maturity Date, the Borrower shall repay the aggregate
principal amount of the Term Loans outstanding on such date [Reserved.] 
 (c) Optional Prepayments. The Borrower may
not make any voluntary prepayment of principal of the Loans, whether in whole or in part, until after the third anniversary of the Closing Date, except any prepayment made pursuant to clause (iii) of the definition of Major Project Document
Termination Event, clause (iii) of the definition of Minor Project Document Termination Event, Section 10.01(f), Section 10.01(g), Section 10.01(h) or Section 10.01(k), or as otherwise agreed by
the Administrative Agent. Thereafter, the Borrower shall have the right at any time and from time to time, without premium or penalty, to prepay the Term Loans, in whole or in part, in which case the Borrower shall reimburse to Lenders any
applicable swap breakage expenses actually incurred as a consequence of such prepayment. 
 (d) Mandatory Prepayments. 

(i) Immediately upon receipt by the Borrower of any Loss Proceeds or Eminent Domain Proceeds received by or paid to or for the
account of the Borrower, the Borrower shall prepay the Term Loans in an amount equal to the lesser of (A) such Loss Proceeds or Eminent Domain Proceeds, or (B) the principal amount of the Term Loans then outstanding. 

(ii) Immediately upon receipt of any proceeds from a Holding Company Buyout Event, the Borrower shall prepay the Term Loans in
an amount equal to the lesser 

  
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of (A) the amount of such proceeds to be distributed to the Borrower pursuant to the Portfolio LLC Agreement, or (B) the principal amount of the Term Loans then outstanding. 

(iii) Immediately upon receipt by the Borrower of any capital contributions made by JPMCC to Portfolio, the Borrower shall
prepay the Term Loans in an amount equal to the lesser of (A) such capital contributions made by JPMCC to Portfolio to the extent such amounts are required to be distributed to the Borrower under the Portfolio LLC Agreement, or (B) the
principal amount of the Term Loans then outstanding. 
 (iv) If a Major Project Document Termination Event or a Minor Project
Document Termination Event has occurred and has been outstanding for ninety (90) days or more, until such time as such Major Project Termination Event or Minor Project Termination Event no longer exists, the Borrower shall make prepayments in
an amount equal to the lesser of (A) 100% of the amounts on deposit in the Revenue Account that would otherwise be transferred to the Distribution Account (subject to satisfaction of the conditions to such transfer), or (B) the principal
amount of the Term Loans then outstanding. 
 (v) Immediately upon receipt by Borrower thereof, the Borrower shall prepay the
Term Loans with an amount equal to the lesser of (A) one hundred percent (100%) of (x) any distributions received by it under Section 11(a)(iv) and 11(a)(v) of the Portfolio LLC Agreement, (y) any amounts received by it
under Section 2.2(b)(v) of the Contribution Agreement or Section 28 of the Portfolio LLC Agreement and (z) the proceeds received by it resulting from (1) any disposition by Portfolio of its interest in any Holding Company in
respect of which the Borrower is not the transferee, (2) any disposition by any Holding Company of its interest in any Project Company, (3) any disposition by any Project Company of all or substantially all of its assets or (4) any
other disposition of assets by any Holding Company or Project Company, or any other action by any Holding Company or Project Company, in respect of which (x) Portfolio has any voting or consent rights under the applicable Holding Company LLC
Agreement and (y) the proceeds received by the Borrower equal or exceed $250,000 or (B) the principal amount of the Term Loans then outstanding. 

(e) Application of Prepayments. Any payments of principal made pursuant to Section 3.01 shall be made by transferring the
necessary funds from the Revenue Account to the Debt Payment Account and thereafter shall be paid from the Debt Payment Account and applied to the outstanding Obligations 

SECTION 3.02 Interest. The Borrower shall pay interest on the outstanding principal amount of the Loans in accordance with the terms
set forth below. 
 (a) Rates. 

(i) Except as otherwise set forth herein, the Loans made on the Closing Date shall bear interest on the unpaid principal amount
thereof from the Closing Date through October 22, 2014, at a rate per annum equal to the sum of (x) the LIBOR Daily Floating 

  
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Rate plus (y) 4.25% per annum. On the Closing Date, the Borrower shall deliver to the Administrative Agent a notice in the form attached hereto as Exhibit H (the
“Conversion Notice”) requesting that the interest rate on the Loans made on the Closing Date, calculated as set forth in the immediately preceding sentence, be converted to Loans bearing interest on the unpaid principal amount
thereof from October 22, 2014 through repayment (whether by acceleration or otherwise) thereof at a fixed rate per annum equal to 5.74%. Provided that the Borrower has delivered the Conversion Notice as set forth in the immediately preceding
sentence, from October 22, 2014 through repayment (whether by acceleration or otherwise) thereof, the Loans shall bear interest at a fixed rate per annum equal to 5.74%. 

(ii) Except as otherwise set forth herein, interest on each Term Loan (a) shall accrue on a daily basis and shall be
payable in arrears on each Payment Date with respect to interest accrued on and to each such Payment Date (including on the Final Maturity Date); and (b) shall accrue on a daily basis and shall be payable in arrears upon any prepayment of such
Term Loan, whether voluntary or mandatory, to the extent accrued on the amount being prepaid. 
 (iii) Interest shall be
computed on the basis of a 360-day year and a 30-day month in the period during which it accrues. In computing interest on any Term Loan, the date of the making of such Term Loan or the last Payment Date with respect to such Term Loan shall be
included, and the date of payment of such Term Loan shall be excluded. 
 (b) Post-Default Rate. The Borrower shall pay interest
(after as well as before judgment) on any principal, interest or any other Obligation payable by the Borrower hereunder that is not paid in full when due (whether at the stated due date, by acceleration or otherwise) at a rate per annum equal to the
rate of interest that otherwise would be applicable to such Loan plus 2.0% per annum from and including the date of such non-payment to but excluding the date on which such amount is paid in full. 

(c) Payment Dates. Interest accrued on each Loan shall be payable, without duplication: 

(i) on each Payment Date; 

(ii) on the Final Maturity Date; and 

(iii) on the date of any prepayment, in whole or in part, of the Loans, on the principal amount so prepaid. 

(d) Maximum Rate. In no contingency or event whatsoever shall the aggregate of all amounts deemed interest under this Agreement charged
or collected pursuant to the terms of this Agreement exceed the highest rate permissible under any Applicable Law. In the event that the Lenders have charged or received interest hereunder in excess of the highest applicable rate, the rate in effect
hereunder shall automatically be reduced to the maximum rate permitted by Applicable Law and the Lenders shall at the Administrative Agent’s option (i) promptly refund to the Borrower any interest received by the Lenders in excess of the
maximum lawful rate or (ii) 

  
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apply such excess to the principal balance of the Obligations on a pro rata basis. It is the intent hereof that the Borrower not pay or contract to pay, and that neither the Agent nor any Lender
receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by the Borrower under Applicable Law. 

Interest accrued on the Loans or other Obligations after the date the relevant Obligation becomes due and payable (whether on a Payment Date,
the Final Maturity Date, the date of any prepayment, upon acceleration or otherwise) shall be payable upon demand. 
 ARTICLE IV. 

TAXES, ETC. 
 SECTION 4.01
Increased Costs. 
 (a) Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement
against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender; 
 (ii) subject
any Lender, the Administrative Agent or the Collateral Agent to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes)
on its loans, loan principal, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or 

(iii) impose on any Lender or the London interbank market any other condition, cost or expense affecting this Agreement made by
such Lender or participation therein; 
 and the result of any of the foregoing shall be to reduce the amount of any sum received or receivable by such
Lender hereunder (whether of principal, interest or any other amount) then, upon request of such Lender, the Borrower will pay to such Lender such additional amount or amounts as will compensate such Lender, as the case may be, for such additional
costs incurred or reduction suffered. 
 (b) Capital Requirements. If any Lender determines that any Change in Law affecting such
Lender or any Lending Office of such Lender or such Lender’s holding company, if any, regarding capital or liquidity requirements has or would have the effect of reducing the rate of return on such Lender’s capital or on the capital of
such Lender’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by such Lender to a level below that which such Lender or such Lender’s holding company could have achieved but for
such Change in Law (taking into consideration such Lender’s policies and the policies of such Lender’s holding company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender such additional amount or
amounts as will compensate such Lender or such Lender’s holding company for any such reduction suffered. 

  
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 (c) Certificates for Reimbursement. A certificate of a Lender setting forth the amount or
amounts necessary to compensate such Lender or its holding company, as the case may be, as specified in subsection (a) or (b) of this Section and delivered to the Borrower shall be conclusive absent manifest error. The
Borrower shall pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof. 
 (d) Delay in
Requests. Failure or delay on the part of any Lender to demand compensation pursuant to the foregoing provisions of this Section 4.01 shall not constitute a waiver of such Lender’s right to demand such compensation,
provided that the Borrower shall not be required to compensate a Lender pursuant to the foregoing provisions of this Section for any increased costs incurred or reductions suffered more than nine months prior to the date that such Lender, as
the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs
or reductions is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect thereof). 

SECTION 4.02 Taxes. The Borrower covenants and agrees as follows: 

(a) Payments Free of Taxes; Obligation to Withhold; Payments on Account of Taxes. 

(i) Any and all payments by or on account of any obligation of the Borrower under any Financing Document shall be made without
deduction or withholding for any Taxes, except as required by Applicable Laws. If any Applicable Laws (as determined in the good faith discretion of the Administrative Agent) require the deduction or withholding of any Tax from any such payment by
the Administrative Agent or the Borrower, then the Administrative Agent or the Borrower shall be entitled to make such deduction or withholding, upon the basis of the information and documentation to be delivered pursuant to subsection (e)
below. 
 (ii) If the Borrower or the Administrative Agent shall be required by the Code to withhold or deduct any Taxes,
including both United States Federal backup withholding and withholding taxes, from any payment, then (A) the Administrative Agent shall withhold or make such deductions as are determined by the Administrative Agent to be required based upon
the information and documentation it has received pursuant to subsection (e) below, (B) the Administrative Agent shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance with the
Code, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum payable by the Borrower shall be increased as necessary so that after any required withholding or the making of all required
deductions (including deductions applicable to additional sums payable under this Section 4.02) the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made. 

(iii) If the Borrower or the Administrative Agent shall be required by any Applicable Laws other than the Code to withhold or
deduct any Taxes from any payment, then (A) the Borrower or the Administrative Agent, as required by such Laws, shall 

  
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withhold or make such deductions as are determined by it to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) the
Borrower or the Administrative Agent, to the extent required by such Laws, shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance with such Laws, and (C) to the extent that the withholding or
deduction is made on account of Indemnified Taxes, the sum payable by the Borrower shall be increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums
payable under this Section 4.02) the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made. 

(b) Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above, the Borrower shall
timely pay to the relevant Governmental Authority in accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes. 

(c) Tax Indemnifications. (i) The Borrower shall, and does hereby indemnify each Recipient, and shall make payment in respect
thereof within 10 days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section 4.02) payable or paid by such Recipient
or required to be withheld or deducted from a payment to such Recipient, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or
asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on
behalf of a Lender, shall be conclusive absent manifest error. The Borrower shall, and does hereby, indemnify the Administrative Agent, after demand therefor, for any amount which a Lender for any reason fails to pay indefeasibly to the
Administrative Agent as required pursuant to Section 4.02(c)(ii) below. 
 (ii) Each Lender shall, and does
hereby, severally indemnify, and shall make payment in respect thereof within 10 days after demand therefor, (x) the Administrative Agent against any Indemnified Taxes attributable to such Lender (but only to the extent that the Borrower has
not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Borrower to do so), (y) the Administrative Agent and the Borrower, as applicable, against any Taxes attributable to such
Lender’s failure to comply with the provisions of Section 12.11(f) relating to the maintenance of a Participant Register and (z) the Administrative Agent and the Borrower, as applicable, against any Excluded Taxes attributable
to such, in each case, that are payable or paid by the Administrative Agent or the Borrower in connection with any Financing Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or
legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender hereby
authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender, as the case may be, under this Agreement or any other Financing Document against any amount due to the Administrative Agent under this
clause (ii). 

  
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 (d) Evidence of Payments. Upon request by the Borrower or the Administrative Agent, as the
case may be, after any payment of Taxes by the Borrower or by the Administrative Agent to a Governmental Authority as provided in this Section 4.02, the Borrower shall deliver to the Administrative Agent or the Administrative Agent shall
deliver to the Borrower, as the case may be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of any return required by Laws to report such payment or other evidence of such payment
reasonably satisfactory to the Borrower or the Administrative Agent, as the case may be. 
 (e) Status of Lenders; Tax Documentation.

 (i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under
any Financing Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the
Borrower or the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such
other documentation prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or
information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in
Section 4.01(e)(ii)(A), (ii)(B) and (ii)(D) below) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or
expense or would materially prejudice the legal or commercial position of such Lender. 
 (ii) Without limiting the
generality of the foregoing, in the event that the Borrower is a U.S. Person, 
 (A) any Lender that is a U.S. Person shall
deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent),
executed originals of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding tax; 

  
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 (B) any Foreign Lender shall, to the extent it is legally entitled to do so,
deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon
the reasonable request of the Borrower or the Administrative Agent), whichever of the following is applicable: 
 (1) in the
case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Financing Document, executed originals of IRS
Form W-8BEN or IRS Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to
any other applicable payments under any Financing Document, IRS Form W-8BEN or IRS Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “business profits” or “other income”
article of such tax treaty; 
 (2) executed originals of IRS Form W-8ECI; 

(3) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of
the Code, (x) a certificate substantially in the form of Exhibit G-1 to the effect that such Foreign Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of
the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”) and (y) executed
originals of IRS Form W-8BEN or IRS Form W-8BEN-E; or 

(4) to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by IRS Form
W-8ECI, IRS Form W-8BEN or IRS Form W-8BEN-E, a U.S. Tax Compliance Certificate substantially in the form of Exhibit G-2 or Exhibit G-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable;
provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate
substantially in the form of Exhibit G-4 on behalf of each such direct and indirect partner; 
 (C) any Foreign Lender
shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under
this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in
U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable law to permit the Borrower or the Administrative Agent to determine the withholding or deduction required to be made; and

 (D) if a payment made to a Lender under any Financing Document would be subject to U.S. federal withholding Tax imposed by
FATCA if such 

  
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Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall
deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law (including as
prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their
obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA”
shall include any amendments made to FATCA after the date of this Agreement. 
 (iii) Each Lender agrees that if any form or
certification it previously delivered pursuant to this Section 4.02 expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in
writing of its legal inability to do so. 
 (f) Treatment of Certain Refunds. Unless required by Applicable Laws, at no time shall
the Administrative Agent have any obligation to file for or otherwise pursue on behalf of a Lender, or have any obligation to pay to any Lender, any refund of Taxes withheld or deducted from funds paid for the account of such Lender, as the case may
be. If any Recipient determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts
pursuant to this Section 4.02, it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section 4.02 with respect
to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) incurred by such Recipient, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund),
provided that the Borrower, upon the request of the Recipient, agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Recipient in the event
the Recipient is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this subsection, in no event will the applicable Recipient be required to pay any amount to the Borrower pursuant to this
subsection the payment of which would place the Recipient in a less favorable net after-Tax position than such Recipient would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or
otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This subsection shall not be construed to require any Recipient to make available its tax returns (or any other information
relating to its taxes that it deems confidential) to the Borrower or any other Person. 
 (g) Survival. Each party’s obligations
under this Section 4.02 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or
discharge of all other Obligations. 

  
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 SECTION 4.03 Payments. Unless otherwise expressly provided in a Financing Document, all
payments by the Borrower hereunder shall be made by the Borrower to the Administrative Agent. All payments shall be made in Dollars free and clear of and without condition or deduction for any counterclaim, defense, recoupment or setoff not later
than 2:00 p.m. on the date due in same day or immediately available funds to the Administrative Agent’s Account. Funds received after that time may be deemed to have been received by the Administrative Agent on the next succeeding Business
Day at the Administrative Agent’s sole discretion. The Administrative Agent shall promptly remit in same day funds to each applicable Lender, for account of such Lender’s Applicable Lending Office, its share, if any, of such payments
received by the Administrative Agent. 
 SECTION 4.04 Sharing of Payments. If any Credit Party shall obtain any payment or other
recovery (whether voluntary, involuntary, by application of setoff or otherwise) on account of any Obligations due and payable to such Credit Party (other than pursuant to Sections 4.01, 12.03 and 12.04 or as a result of an
assignment pursuant to Section 12.11) in excess of its pro rata share (according to the proportion of (i) the amount of such Obligations due and payable to such Lender at such time to (ii) the aggregate amount of Obligations
due and payable to all Credit Parties hereunder and under the other Financing Documents) of payments on account of such Obligations due and payable to all Credit Parties hereunder and under the other Financing Documents at such time obtained by all
Credit Parties, such Credit Party shall purchase from the other Credit Parties such participations in the Loans made by them as shall be necessary to cause such purchasing Credit Party to share the excess payment or other recovery ratably (to the
extent such other Credit Parties were entitled to receive a portion of such payment or recovery) with each of them; provided, however, that if all or any portion of the excess payment or other recovery is thereafter recovered from such
purchasing Credit Party, the purchase shall be rescinded and each Credit Party that has sold a participation to the purchasing Credit Party shall repay to the purchasing Credit Party the purchase price to the ratable extent of such recovery together
with an amount equal to such selling Credit Party’s ratable share (according to the proportion of (a) the amount of such selling Credit Party’s required repayment to the purchasing Credit Party to (b) total amount so recovered
from the purchasing Credit Party) of any interest or other amount paid or payable by the purchasing Credit Party in respect of the total amount so recovered. The Borrower agrees that any Credit Party purchasing a participation from another Credit
Party pursuant to this Section 4.04 may, to the fullest extent permitted by law, exercise all its rights of payment with respect to such participation as fully as if such Credit Party were the direct creditor of the Borrower in the
amount of such participation. If under any applicable bankruptcy, insolvency or other similar law any Credit Party receives a secured claim in lieu of a setoff to which this Section 4.04 applies, such Credit Party shall, to the extent
practicable, exercise its rights in respect of such secured claim in a manner consistent with the rights of the Credit Parties entitled under this Section 4.04 to share in the benefits of any recovery on such secured claim. 

SECTION 4.05 Setoff. 

Upon the occurrence and during the continuation of an Event of Default, each Lender shall have the right, to the extent permitted by
Applicable Law, to appropriate and apply to the payment of the Obligations owing to it (whether or not then due), any and all balances, credits, deposits, accounts (other than any trust accounts comprised entirely of moneys held in trust for

  
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the benefit of Persons other than the Borrower or its Affiliates) or moneys of the Borrower then or thereafter maintained with such Lender or any of its Affiliates; provided,
however, that any such appropriation and application shall be subject to the provisions of Section 4.04. Each Lender agrees promptly to notify the Borrower and the Administrative Agent after any such setoff and application made by
such Lender; provided, however, that the failure to give such notice shall not affect the validity of such setoff and application. The rights of each Lender under this Section 4.05 are in addition to other rights and
remedies (including other rights of setoff under Applicable Law or otherwise) which such Lender may have. 
 SECTION 4.06 Change of
Lending Office. Each Credit Party agrees that if it makes any demand for payment under Section 4.01 or 4.02, it will, if requested by the Borrower, file a certificate or document reasonably requested by the Borrower and/or use
reasonable efforts (in either case, consistent with its internal policy and legal and regulatory restrictions and so long as such efforts would not be disadvantageous to it, as determined in its sole discretion) to designate a different Applicable
Lending Office if the filing of such certificate or document or the making of such a designation would reduce or obviate the need for the Borrower to make payments under Section 4.01 or 4.02; provided, however, that
nothing in this Section 4.06 shall affect or postpone any of the Obligations of the Borrower or the right of any Person provided in Section 4.01 or 4.02. 

ARTICLE V. 
 CONDITIONS
PRECEDENT 
 SECTION 5.01 Conditions to the Closing Date. The occurrence of the Closing Date and the obligations of the Lenders
to make the Term Loans shall be subject to the prior or concurrent satisfaction of each of the following conditions precedent set forth in this Section 5.01. 

(a) Financing Documents. This Agreement and each other Financing Document shall be in form and substance satisfactory to the
Administrative Agent and the Lenders and shall have been duly executed and delivered by the parties hereto and thereto. 
 (b) Corporate
Documents. The Administrative Agent shall have received from the Borrower and the Parent the following documents, each certified as indicated below: 

(A) a copy of the Organic Documents of such Person, together with any amendments thereto, certified by the Secretary of State
of its jurisdiction of organization, dated as of a recent date; 
 (B) a copy of a certificate as to the good standing of,
and payment of franchise taxes, if applicable, by such Person from the Secretary of State of its jurisdiction of organization dated as of a recent date; and 

  
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 (C) a certificate of each such Person, executed by an Authorized Officer of such
Person certifying: 
 (1) that attached to such certificate is a true and complete copy of the Organic Documents of such
Person, as in effect on the date of such certificate, 
 (2) that attached to such certificate is a true and complete copy
of resolutions duly adopted by the authorized governing body of such Person, authorizing the execution, delivery and performance of the Financing Documents to which it is or is intended to be a party and such other acts and things necessary for the
consummation of the transactions contemplated by such Financing Documents and that such resolutions (i) have been duly adopted by its Board of Directors and (ii) have not been modified, rescinded or amended and are in full force and
effect, 
 (3) that the Organic Documents of such Person have not been amended since the date of the certification furnished
pursuant to clause (b)(A) of this Section 5.01 and the date of the certificate of good standing furnished pursuant to clause (b)(B) of this Section 5.01, and 

(4) as to the incumbency and specimen signature of each officer, member or partner (as applicable) of such Person executing
the Financing Documents to which it is or is intended to be a party and each other document to be delivered by it from time to time pursuant to the terms thereof (and the Administrative Agent and each Lender may conclusively rely on such incumbency
certification until it receives notice in writing from such Person). 
 (c) Delivery of Notes. The Administrative Agent shall have
received, for the account of each Lender, such Lender’s Term Loan Note duly executed and delivered by an Authorized Officer of the Borrower. 

(d) Financial Information. To the extent not previously received, the Administrative Agent shall have received (i) the audited
annual financial statements for Fiscal Year 2013, and (ii) quarterly financial statements for the current Fiscal Year to the Closing Date, to the extent delivered pursuant to the Holding Company LLC Agreements, in each case of the Holding
Companies, which financial statements, in each case, shall be prepared in accordance with GAAP (other than in the case of unaudited statements, subject to normal year-end audit adjustments, consolidation entries and the absence of footnotes, other
required statements and on a basis as prepared and delivered according to the Holding Company LLC Agreement). 
 (e) Solvency, etc.
The Administrative Agent shall have received a certificate duly executed and delivered by an Authorized Officer of each of the Borrower and the Parent (in such Person’s capacity as such Authorized Officer), dated as of the Closing Date,
certifying that such Person is Solvent, in form and substance reasonably satisfactory to the Administrative Agent and the Lenders. 
 (f)
Opinions of Counsel and Advisors. The Administrative Agent shall have received opinions, dated the Closing Date, from (i) Baker & McKenzie, counsel to the Borrower, the 

  
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Parent and Sponsor with respect to (A) UCC, New York and Delaware law matters (including enforceability of the Financing Documents), (B) no conflicts, (C) with respect to corporate
matters, such as due execution, authorization and delivery of the Financing Documents and (D) with respect to the Investment Company Act of 1940, and (ii) in-house counsel to the Borrower, with respect to the Investment Company Act of 1940
and with respect to corporate matters, such as due execution, authorization and delivery of the Financing Documents, in each case, in form and substance satisfactory to the Administrative Agent and the Lenders and addressed to the Administrative
Agent and each Lender. 
 (g) Liens; Filings. 

(i) Each Filing Statement or other document required by the Security Documents or under law to be filed, registered or recorded
in order to create and maintain in favor of the Collateral Agent, for the benefit of the Secured Parties, a perfected Lien on the Collateral described therein, shall have been filed, registered or recorded or shall have been delivered to the
Collateral Agent in proper form for filing, registration or recordation. 
 (ii) The Collateral Agent shall have received the
results of a recent lien search in each of the jurisdictions in which UCC financing statements or other filings or recordations should be made to evidence or perfect security interests in all assets of the Borrower and all assets of the Parent
pledged to the Collateral Agent pursuant to the Pledge Agreement, and such search shall reveal no liens on any of such assets of the Parent or the Borrower, except for Permitted Liens. 

The Administrative Agent and the Lenders shall be satisfied that (i) the Liens granted pursuant to the Security Documents to the
Collateral Agent, for the benefit of the Secured Parties in the Collateral each constitute a first priority security interest (subject to Permitted Liens), and (ii) no Lien exists on any of the Collateral other than Permitted Liens. 

(h) Patriot Act Disclosures. The Administrative Agent and each Lender shall have received all Patriot Act Disclosures requested by them
prior to execution of this Agreement. 
 (i) Borrower Approvals. All governmental and third party approvals, consents and/or waivers
necessary in connection with the Financing Documents and the Portfolio Transaction Documents, the continuing operations of the Borrower and the transactions contemplated hereby and thereby shall have been obtained and be in full force and effect,
and all applicable waiting periods, if any, shall have expired without any action being taken or threatened by any competent authority which would restrain, prevent or otherwise impose adverse conditions on the Financing Documents, the Portfolio
Transaction Documents or the financings contemplated hereby and thereby, and do not contain any conditions that are not capable of being satisfied without materially adversely affecting the transactions contemplated hereby. 

(j) Portfolio Company Approvals. The Borrower shall have delivered the most recently available monthly operating reports for each
Portfolio Company, and none of such reports shall indicate that (i) any such governmental or third party approval, consent or waiver 

  
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necessary has not been obtained or is not in full force and effect, or (ii) any action has been taken or threatened by any competent authority which would restrain, prevent or otherwise
impose adverse conditions on the operations of any Project. 
 (k) Project Documents; etc. (i) The Administrative Agent shall
have received true and correct copies of (A) the Contribution Agreement; (B) each Purchase Agreement; (C) all Portfolio Transaction Documents; (D) the Vento I ROFO Notice; and (E) copies of each of the Oasis ROFO Notice, the
Sand Bluff ROFO Notice and the Scurry County ROFO Notices, duly executed by the Borrower; and (ii) the Borrower shall have included in the Dataroom true and correct copies, to its Knowledge, of (A) each Project Document set forth on
Schedule 6.08; (B) each Holding Company LLC Agreement; and (C) the most recent Tracking IRR Report (as defined in the Contribution Agreement) of each Holding Company. 

(l) Representations and Warranties. Each of the representations and warranties set forth in each Financing Document shall be true and
correct in all material respects. 
 (m) No Default. No Default or Event of Default shall have occurred and be continuing on the
Closing Date or would result from the execution, delivery or performance of the Financing Documents. 
 (n) Base Case Financial
Model. The Administrative Agent shall have received (in form and substance reasonably satisfactory to it) no less than one (1) day prior to the anticipated Closing Date a comprehensive long-term cash flow model (“Base Case Financial
Model”) reflecting the forecast economics for each of the Projects for a period through at least twelve months after the Final Maturity Date, showing, on a basis consistent with the Project Documents and the Financing Documents, the
Borrower’s good faith projections based on assumptions that are believed by the Borrower to be a reasonable operating forecast of revenues, expenses, cash flow, and sources and uses of revenues over the forecast period. 

(o) Accounts. All Accounts shall have been established with the Depositary and under the “control” (as defined in the UCC) of
the Collateral Agent. The Debt Reserve Account shall be fully funded with proceeds from the Term Loans in an amount equal to six months of interest payments and six months of Minimum Principal Payments. 

(p) Notice of Borrowing. The Administrative Agent shall have received a Notice of Borrowing, duly executed and delivered in accordance
with Section 2.03(a), in respect of the Term Loans. 
 (q) Taxes. All required taxes, expenses and other costs and fees
required to be paid in connection with the execution, delivery, filing, registration and performance of the Financing Documents and the transactions contemplated thereby, and the perfection of the security interests, shall have been paid in full.

 (r) Due Diligence. Each Lender shall have completed a due diligence review of Portfolio, each Portfolio Company, the Projects and
material matters related thereto, with results satisfactory to such Lender. 

  
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 (s) Contribution Agreement. The “Closing” under and as defined in the
Contribution Agreement shall have occurred, and the Administrative Agent shall have received copies of each of the documents required to be delivered under Sections 2.4(a)(ii), 2.4(a)(iii), 2.4(a)(iv), 2.4(a)(ix), 6.1(h) and 6.1(k) of the
Contribution Agreement in connection therewith. 
 (t) Conversion Notice. The Borrower shall have delivered a fully-executed copy of
the Conversion Notice. 
 (u) Dataroom. The Borrower shall have delivered the compact disc as described in the definition of
“Dataroom”. 
 (v) Fees and Expenses. All costs and expenses due and payable in accordance with Section 12.03
as of the Closing Date shall have been paid in full or shall be paid in full with the proceeds of the Loans to be made on the Closing Date. 

ARTICLE VI. 

REPRESENTATIONS AND WARRANTIES 

In order to induce the Lenders to enter into this Agreement and to make Loans hereunder, the Borrower represents and warrants to each Credit
Party which is a party hereto, as of the Closing Date as follows: 
 SECTION 6.01 Due Organization, etc. 

(a) The Borrower has been duly formed, is validly existing and is in good standing as a limited liability company under the laws of the State
of Delaware. 
 (b) To the Knowledge of the Borrower, each Portfolio Company is validly existing and in good standing as a limited liability
company under the laws of the jurisdiction in which it was organized. 
 (c) The Borrower has all requisite power and authority to own,
lease and/or operate and maintain its properties and conduct its business as currently conducted. 
 (d) To the Knowledge of the Borrower,
each Portfolio Company has requisite power and authority to own, lease and/or operate and maintain its business as currently conducted. 

(e) The Borrower is in good standing as a foreign limited liability company in each jurisdiction in which its ownership or lease of property
or the conduct of its business requires such qualification, except where the failure to be so qualified or in good standing would not, individually or in the aggregate, cause a Material Adverse Change. 

(f) To the Knowledge of the Borrower, each Portfolio Company is in good standing as a foreign corporation in each jurisdiction in which its
ownership or lease of property or the conduct of its business requires such qualification, except where the failure to be so qualified or in good standing would not, individually or in the aggregate, cause a Material Adverse Change. 

  
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 SECTION 6.02 Taxes. 

(a) All material federal, state, local and foreign tax returns of the Borrower and the Parent have been timely and accurately filed (after
giving effect to valid extensions of time to file such tax returns), and all material Taxes, fines or penalties that are required to be paid have been timely paid, except for any such tax, fine or penalty that is being contested in good faith and by
appropriate proceedings with cash reserves established for such Taxes in accordance with GAAP, other than de minimis Taxes. 
 (b) To the
Knowledge of the Borrower, (i) the material federal, state, local and foreign tax returns of any Portfolio Company have been timely filed (after giving effect to valid extensions of time to file such tax returns), and (ii) all taxes, fines
or penalties that are shown as due and owing on such tax returns have been paid. 
 SECTION 6.03 Capitalization. The Borrower and, to
the Knowledge of the Borrower, each Portfolio Company, has an authorized capitalization as of the Closing Date as set forth on Schedule 6.03. The issued and outstanding Capital Stock of the Borrower and of Portfolio and, to the Knowledge of
the Borrower, each other Portfolio Company, has been duly and validly authorized and issued and is fully paid and nonassessable, and is owned of record as set forth in Schedule 6.03; and there are no outstanding rights, warrants or options to
acquire, or instruments convertible into or exchangeable for, any Capital Stock of the Borrower or any Capital Stock of Portfolio. The Borrower has not received Written Notice that there are any outstanding rights, warrants or options to acquire, or
instruments convertible into or exchangeable for, any Capital Stock of any Portfolio Company, except as described in Schedule 6.03. 

SECTION 6.04 Environmental Laws; Compliance with Laws. 

(a) Except as disclosed on Schedule 6.04, (i) the Borrower is in compliance in all material respects with all Applicable Laws
(other than Environmental Laws, which are the subject of clause (ii) below); (ii) the Borrower is in compliance in all material respects with all applicable Environmental Laws other than such Environmental Laws where the failure to
so comply could not reasonably be expected to cause a Material Adverse Change; (iii) the Borrower is in compliance with any and all Governmental Approvals required under any Environmental Law; and (iv) there are no pending or, to the
Borrower’s Knowledge, threatened administrative, regulatory or judicial actions, suits, demands, demand letters, claims, Liens, notices of non-compliance or violation, investigations or proceedings arising under or relating to any Environmental
Law against the Borrower. 
 (b) Except as disclosed on Schedule 6.04: (i) to the Knowledge of the Borrower, no Portfolio
Company is in violation of any Applicable Laws (including Environmental Laws) that could reasonably be expected to result in a Material Adverse Change; (ii) to the Knowledge of the Borrower, no Portfolio Company is in violation of any
Governmental Approval required under any Environmental Law that could be reasonably expected to result in a Material Adverse Change; (iii) the Borrower has not received Written Notice of any pending or threatened administrative, regulatory or
judicial actions, suits, demands, demand letters, claims, Liens, notices of non-compliance or violation, investigations or proceedings arising under or relation to any Environmental Law against any Portfolio Company or with respect to the operations
of any Project that could reasonably be expected to result in a Material Adverse Change; or (iv) the 

  
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Borrower has not received Written Notice of any conditions, events or circumstances relating to Hazardous Materials or Environmental Laws that may reasonably be expected to form the basis of
(A) an order or any Environmental Liabilities and Costs for any Remedial Actions or (B) any other action, investigation, claim, suit or proceeding by a private party or government body or agency, and that, in the case of any of the
foregoing, could reasonably be expected to result in a Material Adverse Change. 
 SECTION 6.05 Marketable Title; Leasehold
Interests. 
 (a) Schedule 6.03 contains a list of all Capital Stock of Portfolio owned by the Borrower and, to the
Knowledge of the Borrower, all other Capital Stock of Portfolio and each other Portfolio Company. 
 (b) The Borrower has good, valid and
marketable title to all of the Capital Stock of Portfolio owned by the Borrower as set forth on Schedule 6.03, free and clear of all Liens or other defects in title, and such Capital Stock has not been pledged or assigned to any Person except
pursuant to the Security Documents. To the Knowledge of the Borrower, (i) Portfolio has good, valid and marketable title to all of the Capital Stock of the Holding Companies set forth on Schedule 6.03 and (ii) each Holding Company
has good, valid and marketable title to all of the Capital Stock of the Project Companies set forth opposite its name on Schedule 6.03, in any such case free and clear of all Liens (other than Permitted Liens) or other defects in title, or
that any such Capital Stock has been pledged or assigned to any Person except pursuant to the Security Documents. 
 (c) As of the Closing
Date, the Capital Stock of Portfolio set forth on Schedule 6.03 will not be subject to any restrictions on transferability other than those imposed by the Financing Documents and the Organic Documents of Portfolio. 

(d) To the Knowledge of the Borrower, each Holding Company and Project Company has valid title to or leases, free from all Liens (other than
Permitted Liens), the material assets used or held for use by such Holding Company and Project Company, except for such material assets the failure of which to so own or lease would not, individually or in the aggregate, have a Material Adverse
Change. 
 (e) To the Knowledge of the Borrower, Schedule 6.05 contains a list of the title insurance policies covering all of the
material Real Property owned by any Project Company. 
 SECTION 6.06 Investment Company Act. The Borrower is not and, after giving
effect to the transactions contemplated by the Financing Documents, will not be, an “investment company,” or an entity “controlled” by an investment company, as such terms are defined in the Investment Company Act of 1940, as
amended. 
 SECTION 6.07 Labor Matters. 

(a) The Borrower does not have any employees. No labor problem or dispute with the employees of the Borrower exists or is threatened that
could reasonably be expected to cause a Material Adverse Change; and there are no material unfair labor practice complaints pending or threatened against the Borrower. 

(b) to the Knowledge of the Borrower, (i) no labor problem or dispute with the employees of any Portfolio Company exists or is
threatened, and (ii) no unfair labor practice is pending or threatened against any Portfolio Company, in either case, that could reasonably be expected to cause a Material Adverse Change. 

  
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 SECTION 6.08 Project Documents. 

(a) To the Knowledge of the Borrower, each Project Document and Organic Document to which the Borrower or any Portfolio Company is a party is
included in the Dataroom. 
 (b) (i) A copy of each Project Document made available to the Borrower has been included in the Dataroom, and
to the Knowledge of the Borrower, such copy is a true and correct copy, (ii) to the Knowledge of the Borrower, each such Project Document is in full force and effect, and (iii) the Borrower has not received Written Notice that (A) any
of the Portfolio Companies or any other party to a Project Document, is in default (or that an event has occurred that with lapse of time or notice or action by a third party could reasonably be expected to result in a default) in any material
respect in the performance of or compliance with any Project Document, (B) a Project Document is not in full force and effect, (C) there is an ongoing dispute under any Project Document that could reasonably be expected to result in a
Material Adverse Change, (D) there is a pending or proposed modification or amendment to any Project Document, (E) there has been any assignment or proposed assignment of any right under any Project Document, (F) there has been any
call on, or attempt to collect any amounts in respect of, any guarantee, letter of credit, reserve account or other payment or performance security under, or in connection with, any Project Document, (G) a force majeure event has occurred and
is continuing under any Project Document or (H) except as disclosed on Schedule 6.08, that any payment of damages is pending or payable under any Project Document. 

(c) The Borrower is not in violation of its Organic Documents, nor, to the Knowledge of the Borrower, is any Portfolio Company in violation of
its respective Organic Documents in any material respect. 
 SECTION 6.09 Subsidiaries; Business Activities. The Borrower does not
have (a) any Subsidiaries or (b) any direct or, to the Knowledge of the Borrower, indirect equity ownership interest in any corporation, partnership, joint venture or other entity other than the Portfolio Companies. The Borrower has not
engaged in any business or activity other than the acquisition and ownership of the Capital Stock of Portfolio and the financings and other ancillary activities related thereto. 

SECTION 6.10 Authorization and Enforceability of Financing Documents. 

(a) The Borrower has all requisite limited liability company power and authority to enter into this Agreement and the other Financing
Documents to which it is a party. This Agreement and the other Financing Documents to which it is a party have been duly and validly authorized, executed and delivered by the Borrower. 

(b) Each of the Financing Documents to which the Borrower is a party constitutes the valid and binding agreement of the Borrower, enforceable
against it in accordance with its terms, 

  
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except as such enforceability may be limited by (i) bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium and other laws relating to or affecting creditors’ rights
generally and (ii) the availability of equitable remedies. 
 SECTION 6.11 Defaults Under Other Agreements. The Borrower is not
in default, and no event has occurred that, with notice or lapse of time or both, would reasonably be expected to constitute such a default, in the due performance or observance of any term, agreement, covenant, condition or other obligation
contained in any material indenture, mortgage, deed of trust, loan agreement, lease or other agreement or instrument to which it is a party or by which it is bound or to which any of its properties or assets is subject, which defaults and
violations, singularly or in the aggregate, could reasonably be expected to result in a Material Adverse Change. 
 SECTION 6.12
Non-Contravention. (a) None of the execution or delivery by the Borrower of this Agreement or any other Financing Document to which the Borrower is a party, the performance of or compliance by the Borrower with the terms and conditions
hereof or thereof or the Borrowing of the Loans hereunder or granting of the Liens pursuant to the Security Documents (i) contravenes in any material respect any Applicable Law, (ii) constitutes a default under or results in the violation
of the provisions of the Organic Documents of the Borrower or Portfolio or, to the Knowledge of the Borrower, the Organizational Documents of any Project Company, (iii) results in the creation or imposition of any Liens (other than Liens
created under the Security Documents) on any assets or properties of the Borrower or, to the Knowledge of the Borrower, any other Portfolio Company, (iv) to the Knowledge of the Borrower, constitutes a default under (or an event that, with
notice or lapse of time or both, would become a default) or results in the violation of any Project Document or (v) contravenes any Portfolio Transaction Document or Holding Company LLC Agreement. 

(b) To the Knowledge of the Borrower, the consummation of the Transaction (as defined in the Contribution Agreement) and the execution,
delivery and performance of the Portfolio Transaction Documents does not violate or constitute a default under any Holding Company LLC Agreement or Power Purchase Agreement. 

SECTION 6.13 Governmental Approvals. 

(a) The Borrower is in compliance in all material respects with all Governmental Approvals currently applicable to the Borrower. 

(b) All material Governmental Approvals that are presently required to be obtained or applied for in connection with the Borrower’s
direct or indirect ownership of the Capital Stock of any Portfolio Company have been either (i) timely applied for and such applications are pending approval by the relevant Governmental Authority, or (ii) duly obtained, were validly
issued and are in full force and effect, not subject to any pending challenge, held in the name of the Borrower and are or are expected to be free from conditions that the Borrower does not reasonably expect either it or such other appropriate
party, as the case may be, will be able to satisfy in all material respects on a timely basis. To the Knowledge of the Borrower, there are no proceedings pending other than rulemaking proceedings of general applicability or proceedings related to
the renewal of Governmental Approvals, with respect to the Borrower that would reasonably be expected to result in a rescission, termination, material modification, or suspension of any material Governmental Approval held by the Borrower. 

  
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 (c) To the Knowledge of the Borrower, each material Governmental Approval that is presently
required to be obtained or applied for in connection with the ownership, operation and maintenance of the Projects (i) has been duly obtained, (ii) was validly issued, (iii) is in full force and effect, (iv) is not subject to any
pending challenge, (v) is held in the name of the relevant Portfolio Company or other appropriate party, as the case may be, or (vi) is and is expected to be free from conditions that the applicable Portfolio Company does not reasonably
expect either it or such other appropriate party, as the case may be, will be able to satisfy in all material respects on a timely basis. To the Knowledge of the Borrower, there are no proceedings pending other than rulemaking proceedings of general
applicability or proceedings related to the renewal of Governmental Approvals, with respect to any Portfolio Company that would reasonably be expected to result in a rescission, termination, material modification, or suspension of any material
Governmental Approval held by any Portfolio Company. 
 SECTION 6.14 Legal and Other Proceedings. There are no legal or governmental
proceedings pending to which the Borrower is a party or to which any property or assets of the Borrower is subject that (a) purport to affect or pertain to this Agreement or any other Financing Document or any of the transactions contemplated
hereby or (b) if determined adversely to the Borrower, could reasonably be expected to result in a Material Adverse Change or could reasonably be expected to materially and adversely affect the ability of the Borrower to perform its Obligations
under any of the Financing Documents; and to the Knowledge of the Borrower, no such proceedings are threatened or contemplated by Governmental Authorities or threatened by others. Except as set forth on Schedule 6.14, to the Knowledge of the
Borrower, there are no lawsuits, actions, or proceedings pending or in progress or governmental, administrative or other investigation pending or in progress or threatened against, or relating to the respective assets or businesses of any Portfolio
Company that could reasonably be expected to result in a Material Adverse Change. To the Knowledge of the Borrower, no Portfolio Company is subject to any outstanding judgment, order, writ, injunction, decree or award entered in an action to which
the any Portfolio Company was a named party relating to the respective assets or businesses of any Portfolio Company that could reasonably be expected to result in a Material Adverse Change. 

SECTION 6.15 Margin Regulations. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or
carrying Margin Stock, and no proceeds of any Loans will be used to purchase or carry Margin Stock or otherwise for a purpose that violates, or would be inconsistent with, Board Regulation U or Regulation X. Terms for which meanings are provided in
Board Regulation U or Regulation X or any regulations substituted thereof, as from time to time in effect, are used in this Section 6.15 with such meanings. 

SECTION 6.16 Solvency. After giving effect to the consummation of the transactions contemplated by the Financing Documents, the making
of the Term Loans, the use of proceeds therefrom and the performance by the Borrower, the Parent of their respective Obligations pursuant to the Financing Documents, each of the Borrower and the Parent will be Solvent. 

  
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 SECTION 6.17 Senior Indebtedness. The Obligations will be secured by the Collateral on a
first priority basis with respect to any Liens permitted pursuant to Section 9.02 (other than such Liens that are, by operation of Applicable Law, senior or pari passu in priority thereto) and constitute senior secured Indebtedness of
the Borrower. 
 SECTION 6.18 Absence of Defaults. No condition exists on the Closing Date that constitutes a Default or an Event of
Default. 
 SECTION 6.19 Material Adverse Change. No Material Adverse Change has occurred in respect of the Borrower since
October 3, 2014. To the Knowledge of the Borrower, no Material Adverse Change has occurred in respect of a Project or a Portfolio Company since the date of the most recently available monthly operating reports for such Project and Portfolio
Company. 
 SECTION 6.20 Financial Information. [Reserved]. 

SECTION 6.21 Foreign Corrupt Practices Act of 1977. Neither the Borrower nor any director, officer, agent, employee or other person
associated with or acting on behalf of the Borrower has used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to political activity; made any direct or indirect unlawful payment to any foreign
or domestic government official or employee from corporate funds; violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977; or made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment, in
each case in connection with any Project or Portfolio Company, or the execution, delivery or performance of the Financing Documents. 

SECTION 6.22 Books and Records. The Borrower maintains a system of accounting controls that is sufficient to provide reasonable
assurance that it (a) makes and keeps accurate books and records and (b) maintains internal accounting controls that provide reasonable assurance that (i) material information relating to the Borrower is made known to the
Borrower’s Financial Officers by others within those entities and transactions are executed in accordance with management’s general or specific authorization, (ii) transactions are recorded as necessary to permit preparation of its
consolidated financial statements and to maintain accountability for its assets, (iii) access to its assets is permitted only in accordance with management’s general or specific authorization and (iv) the reported accountability for
its assets is compared with existing assets at reasonable intervals and appropriate action is taken with respect to any difference. To the Knowledge of the Borrower, each Portfolio Company maintains a system of accounting controls that is sufficient
to provide reasonable assurance that they each (A) make and keep accurate books and records and (B) maintain internal accounting controls that provide reasonable assurance that (i) material information relating to such Portfolio
Company is made known to such Portfolio Company’s Financial Officers by others within those entities and transactions are executed in accordance with management’s general or specific authorization, (ii) transactions are recorded as
necessary to permit preparation of its consolidated financial statements and to maintain accountability for its assets, (iii) access to its assets is permitted only in accordance with management’s general or specific authorization and
(iv) the reported accountability for its assets is compared with existing assets at reasonable intervals and appropriate action is taken with respect to any difference. 

  
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 SECTION 6.23 Regulation. 

(a) The Borrower has not been deemed by FERC to be subject to, or not exempt from, (i) regulation as a “public utility” under
the FPA, or (ii) regulation by FERC under PUHCA. 
 (b) To the Borrower’s Knowledge, each Portfolio Company either (i) has
been granted authorization by FERC to sell electric energy and capacity at market-based rates under Section 205 of the FPA, along with those waivers from federal regulation and blanket approvals typically granted by FERC to entities with
market-based rate authorization, including blanket authorization for the issuance of securities and assumption of liabilities under Section 204 of the FPA and Part 34 of the FERC’s regulations, or (ii) is otherwise exempt from
Sections 205 and 206 of the FPA; in each case, as set forth in Schedule 6.23. 
 (c) To the Borrower’s Knowledge, each Portfolio
Company either (i) is an exempt wholesale generator under PUHCA, or (ii) is a qualifying facility under Section 292.101(b) of FERC’s regulations and in either case, is exempt from regulation by FERC under PUHCA (with the
exception of FERC’s regulations applicable to exempt wholesale generator status); in each case, as set forth in Schedule 6.23. 

(d) None of the Administrative Agent, any Lender or any other Credit Party will, solely as a result of (i) the execution, delivery and
performance of the Financing Documents or the making of the Loans thereunder, (ii) the execution, deliver and performance of the Portfolio Transaction Documents, (iii) the operation of the Projects, or (iv) the sale of electric
capacity or energy from the Projects, be subject to, or not exempt from, regulation as a “public utility” under the FPA, as a holding company under PUHCA, or under state public utility laws; provided, that the exercise of remedies
as provided for under the Financing Documents may cause the Credit Parties to become subject to regulation as a public utility under the FPA, as a holding company under PUHCA or under state public utility laws. 

SECTION 6.24 Sanctions Concerns and Anti-Corruption Laws. (a) Neither the Borrower, nor Portfolio, nor any director, officer,
employee, agent, affiliate or representative thereof, is an individual or entity currently the subject of any Sanctions, nor is the Borrower or Portfolio located, organized or resident in a Designated Jurisdiction. 

(b) The Borrower and Portfolio conduct their business in compliance with applicable anti-corruption laws and have instituted and maintained
policies and procedures designed to promote and achieve compliance with such laws. 
 SECTION 6.25 Disclosure. The Borrower has
disclosed to the Lenders, by including such information in the Dataroom, all material agreements, instruments and corporate or other restrictions to which it a party, and all other material information in written form in its possession relating to
the Portfolio Companies or the Projects, including all materials made available to the Borrower and any of its Affiliates in the “Data Room” (as defined in the Contribution Agreement). All factual information (excluding any financial
projections and models) heretofore or contemporaneously furnished by or on behalf of the Borrower in writing to the Administrative Agent or any Lender for the purposes of or in connection with this Agreement

  
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or any transaction contemplated hereby (a) is, to the extent such information relates to the Borrower, the Parent, Sponsor or Portfolio and (b) is, to the Knowledge of the Borrower, to
the extent such information relates to any Holding Company or Project Company, true and accurate in every material respect and such information is not incomplete by omitting to state any material fact necessary to make such information not
misleading, in each case on the date as of which such information is dated or certified. 
 SECTION 6.26 ERISA Compliance. As of the
Closing Date, neither the Borrower nor Portfolio maintain, contribute to, or have any liability to any Plan. No member of the ERISA Group maintains, contributes to, or has any liability to a Pension Plan, nor has any obligation to contribute to or
liability to any Multiemployer Plan. 
 SECTION 6.27 Collateral Documents. The provisions of the Security Documents are effective to
create in favor of the Collateral Agent for the benefit of the Secured Parties a legal, valid and enforceable first priority Lien (subject to Permitted Liens) on all right, title and interest of the Borrower or the Parent in the Collateral described
therein. Except for filings completed on or prior to the Closing Date and as contemplated hereby and by the Collateral Documents, no filing or other action will be necessary to perfect or protect such Liens. 

SECTION 6.28 Intellectual Property; Licenses, Etc. The Borrower, Portfolio and to the Borrower’s Knowledge, each other Portfolio
Company, owns or possesses the right to use, all of the trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, licenses and other intellectual property rights that are reasonably necessary for the operation of its
respective business, without conflict with the rights of any other Person. To the Knowledge of the Borrower, no slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be
employed, by the Borrower or any Portfolio Company or any of its Subsidiaries infringes upon any rights held by any other Person. No claim or litigation regarding any of the foregoing is pending or, to the Knowledge of the Borrower, threatened,
that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Change. 
 SECTION 6.29 No
Broker’s Fees. No brokerage or finder’s fees are or will be payable in connection with this Agreement and the transactions contemplated hereby. 

SECTION 6.30 Insurance Matters. The properties of the Borrower and, to its Knowledge, each Portfolio Company, are insured with
financially sound and reputable insurance companies not Affiliates of the Borrower or such Portfolio Company, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and
owning similar properties in localities where the Borrower or the applicable Portfolio Company operates. To the Borrower’s Knowledge, each Holding Company and Project Company maintains insurance satisfying the insurance obligations set forth in
the applicable Project Documents. 

  
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 ARTICLE VII. 

REPORTING REQUIREMENTS 

SECTION 7.01 Reporting Requirements. The Borrower covenants and agrees that until the Termination Date has occurred, the Borrower
shall: 
 (a) Furnish, or cause to be furnished, to the Administrative Agent (with sufficient copies for each Lender or, if posted on an
electronic data room, with access to each Lender) the following financial statements, reports, Officer’s Certificates, notices and information: 

(i) as soon as available and in any event within sixty (60) days after the end of each of the first three Fiscal Quarters
of each Fiscal Year, a calculation of the equity investment and income arising from the indirect investment in the Holding Companies, along with a reconciliation to such amounts and the amount of the Borrowings reflected in the Sponsor’s
financial statements filed with the SEC and certified as fairly stated in all material respects by a Financial Officer of the Borrower; 

(ii) as soon as available and in any event within 120 days after the end of each Fiscal Year, (x) a calculation of the
equity investment and income arising from the indirect investment in the Holding Companies and (y) a reconciliation to such amounts and the amount of the Borrowings reflected in the Sponsor’s financial statements filed with the SEC, for
such Fiscal Year, setting forth in comparative form the figures for the immediately preceding Fiscal Year, accompanied by a report of Ernst & Young or other nationally recognized independent auditor reasonably acceptable to the Lenders that
confirms that the equity and investment amounts were correctly calculated from the Holding Company financials and that the reconciliation agrees to the amounts included in the Sponsor’s audited financial statements filed with the SEC; 

(iii) concurrently with the delivery of the financial information pursuant to clauses (i) and
(ii) above, an Officer’s Certificate executed by a Financial Officer of the Borrower, stating that no Event of Default has occurred and is continuing (or, if an Event of Default has occurred, specifying the details of such Event of
Default and the action that the Borrower has taken or proposes to take with respect thereto); 
 (iv) within seven
(7) Business Days after its receipt thereof, any quarterly and annual financial statements, and other material financial information, received by the Borrower from or relating to any Portfolio Company; 

(v) within seven (7) Business Days after its receipt thereof, any operating report or any other material notice, report,
filing or other document delivered to the Borrower relating to any Portfolio Company or any Project; 
 (vi) as soon as
reasonably practicable and in any event within seven (7) Business Days after the Borrower obtains Knowledge of the occurrence of a Default or an Event of Default, an Officer’s Certificate of the Borrower setting forth details of such
Default or Event of Default and the action that the Borrower has taken and proposes to take with respect thereto; 
 (vii) as
soon as possible and in any event within seven (7) Business Days after the Borrower obtains Knowledge of (A) any material litigation involving the Borrower, (B) any event or condition that has had or is reasonably expected to cause a
Material 

  
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Adverse Change, an Officer’s Certificate of the Borrower setting forth the details thereof and, if applicable, setting forth the action that the Borrower has taken, and any action proposed
to be taken with respect thereto or (C) any ERISA Event; 
 (viii) within seven (7) Business Days after the
Borrower obtains Knowledge of (A)(i) any Event of Loss, (ii) Event of Eminent Domain, or (iii) any Asset Sale giving rise to proceeds in excess of $250,000 or (B) any material litigation involving any Portfolio Company, an
Officer’s Certificate of the Borrower attaching a copy of any notice received with respect thereto and, if applicable setting forth the action that the Borrower has taken and any action proposed to be taken with respect thereto; 

(ix) [Reserved]; 

(x) promptly (A) if the Borrower obtains Knowledge that one or more of the Borrower or any Person that owns, directly or
indirectly, any Capital Stock of the Borrower, or of any other direct or indirect equitable, legal or beneficial interest therein is in violation of any of the Terrorism Laws, the Borrower will notify the Administrative Agent, and (B) upon the
request of any Lender, the Borrower will provide any information such Lender believes is reasonably necessary to be delivered to comply with the Patriot Act; 

(xi) as soon as possible and in any event within seven (7) Business Days after the Borrower obtains Knowledge of any
claims, complaints, notices or inquiries that (A) relate to the condition of any Portfolio Company’s facilities and properties in respect of, or as to compliance with, Environmental Laws and (B) could (individually or in the
aggregate) reasonably be expected to have a Material Adverse Change, an Officer’s Certificate of the Borrower attaching a copy of any notice delivered with respect thereto and, if applicable, setting forth the action that the Borrower has taken
and any action proposed to be taken with respect thereto; 
 (xii) no later than sixty (60) days after the end of each
Fiscal Year, the Borrower shall prepare and deliver to the Lenders an updated Base Case Financial Model reflecting the actual financial results of the Borrower for such Fiscal Year, based on information actually received as of such date by the
Borrower, with the same categories of revenue and cost, including all operating and maintenance costs, debt service, insurance premiums and other costs, charges and liabilities payable by each Portfolio Company; 

(xiii) within seven (7) Business Days after its receipt thereof, any tax returns or other filings relating to Portfolio
and each Holding Company; and 
 (xiv) such other financial and other information as any Lender through the Administrative
Agent may from time to time reasonably request (including information and reports in such detail as the Administrative Agent may request with respect to the terms of and information provided pursuant to any Officer’s Certificate delivered
pursuant to this Article VII). 

  
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 Notwithstanding anything to the contrary in this Section 7.01, as soon as possible and in any event
within three (3) Business Days after its receipt thereof, copies of any material written notices, communications or other information delivered to the Borrower under or pursuant to any of the Portfolio Transaction Documents. 

ARTICLE VIII. 

AFFIRMATIVE COVENANTS 
 The
Borrower agrees that, so long as any Loan or any other Obligation under any Financing Document (other than contingent Obligations that are intended to survive the termination thereof) shall remain unpaid, it shall comply with the following
covenants, and it shall take all Relevant Member Action to cause Portfolio to comply with the following covenants, provided any failure or inability of the Borrower to cause such compliance by Portfolio shall not constitute a breach of this
Article VIII so long as the Borrower has taken and, upon the request of any Lender, certified to such Lender that it has taken, all Relevant Member Action in connection with the applicable covenant that is available to it. 

SECTION 8.01 Payment of Obligations. The Borrower shall, and shall take all Relevant Member Action to cause Portfolio to, pay and
discharge all its (i) material Contractual Obligations and liabilities, except where (a) failure to so pay and discharge could not reasonably be expected to result in a Material Adverse Change or (b) the same may be contested in good
faith by appropriate proceedings, and in such case will maintain, in accordance with GAAP, appropriate reserves for the accrual of any such contested amounts and (ii) tax liabilities, assessments and governmental charges or levies upon it or
its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Borrower. 

SECTION 8.02 [Reserved.] 

SECTION 8.03 Maintenance of Property; Insurance. 

(a) The Borrower shall maintain or cause to be maintained at all times insurance in accordance with Prudent Industry Practice and shall take
all Relevant Member Action to cause Portfolio to maintain or cause to be maintained at all times insurance in accordance with each Project Document. 

(b) The Borrower shall, and shall take all Relevant Member Action to cause Portfolio to, diligently pursue, in a commercially reasonable
manner, any compensation available at law or under any insurance policy following the occurrence of an Event of Loss. 
 (c) The Borrower
shall, and shall take all Relevant Member Action to cause Portfolio to, keep all property useful or necessary in its business in good repair, working order and condition, except (i) to the extent failure to so keep such property could not
reasonably be expected to cause a Material Adverse Change, and (ii) ordinary wear and tear. 
 (d) The Borrower will at all times own
not less than the amount of issued and outstanding Capital Stock of Portfolio that the Borrower owns as of the Closing Date. 
 (e) The
Borrower will take all Relevant Member Action to cause Portfolio to distribute all Loss Proceeds and Eminent Domain Proceeds received by it to the Borrower, to the extent required or permitted under the terms of the Portfolio LLC Agreement. 

  
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 SECTION 8.04 Conduct of Business. The Borrower shall, and shall take all Relevant Member
Action to cause Portfolio to, preserve and maintain its respective legal existence and material rights and privileges (including licenses, permits, franchises and regulatory approvals). 

SECTION 8.05 Compliance with Laws. 

(a) The Borrower shall, and shall take all Relevant Member Action to cause Portfolio to, comply in all material respects with all Applicable
Laws (including all Environmental Laws, except to the extent that non-compliance therewith could not reasonably be expected to cause a Material Adverse Change). Without limiting the generality of the foregoing, the Borrower shall, and shall take all
Relevant Member Action to cause Portfolio to, ensure that no portion of the Loans will be used, disbursed or distributed for any purpose, or to any Person, directly or indirectly, in violation of any Terrorism Laws and shall comply with all
Terrorism Laws with respect thereto. 
 (b) The Borrower shall comply with its Organic Documents in all respects, and shall take all
Relevant Member Action to cause Portfolio to comply with its Organic Documents in all material respects. 
 (c) The Borrower shall, and
shall take all Relevant Member Action to cause Portfolio to, pay or cause to be paid, as and when due, all Taxes that may at any time be lawfully assessed or levied against or with respect to the Borrower or Portfolio. 

SECTION 8.06 Fiscal Year. The Borrower shall, and shall take all Relevant Member Action to cause Portfolio to, maintain as its Fiscal
Year the twelve-month period ending on December 31 of each year. 
 SECTION 8.07 Inspection of Property, Books and Records. The
Borrower shall, and shall take all Relevant Member Action to cause Portfolio to, keep proper books of record and accounts in accordance with GAAP that accurately reflect all of their respective business affairs and transactions, and will permit, and
will take all Relevant Member Action to cause Portfolio to permit, representatives of any Credit Party and the Independent Engineer or other Credit Party consultants, or other advisors, to visit and inspect any of their respective properties, to
examine and make abstracts from any of their respective books and records and to discuss their respective affairs, finances and accounts with their respective officers, employees and independent public accountants, all at such reasonable times
during normal business hours and as often as may reasonably be desired, upon reasonable advance notice to the Borrower or Portfolio, as the case may be. 

SECTION 8.08 Governmental Approvals. The Borrower shall, and shall take all Relevant Member Action to cause Portfolio to, at all times
obtain and maintain in full force and effect, in all material respects, all Governmental Approvals required at any time in connection with its business as currently conducted and as proposed to be conducted. 

  
 49 

 SECTION 8.09 Ranking. The Borrower shall ensure that at all times the Financing Documents
and the Obligations evidenced thereby constitute secured obligations of the Borrower ranking in priority of payment at least pari passu with all other Indebtedness of the Borrower whether now existing or hereafter outstanding. 

SECTION 8.10 Available Cash. The Borrower shall take all Relevant Member Action to cause Portfolio to distribute to the holders of its
Capital Stock all cash received by Portfolio not reasonably required for the ongoing operation of the applicable Project (including reasonable reserves) no less frequently than monthly. 

SECTION 8.11 Enforcement of Contracts. The Borrower shall, and shall take all Relevant Member Action to cause Portfolio to: 

(a) perform and observe all of its respective material covenants and material obligations contained in the Portfolio Transaction Documents and
each of the Holding Company LLC Agreements, in each case to which such Person is a party (except where the failure to do so could not reasonably be expected to result in termination of any such Portfolio Transaction Document or Holding Company LLC
Agreement or otherwise result in a Material Adverse Change); and 
 (b) enforce against the relevant party to each Portfolio Transaction
Document and Holding Company LLC Agreement to which such Person is a party its rights and obligations thereunder and the material covenants thereof in accordance with its terms unless the failure to do so could not reasonably be expected to result
in a Material Adverse Change (and to not exercise any of such rights or obligations in any manner that could reasonably be expected to result in a Material Adverse Change). 

SECTION 8.12 Dividend Payments. The Borrower shall, or shall take all Relevant Member Action to cause Portfolio to, remit the proceeds
of any dividend or other distribution (whether in cash, securities or other property) made by Portfolio to the Borrower, within three (3) Business Days thereof, to the Collateral Agent for deposit in the Revenue Account or such other account as
is specified in the Depositary Agreement. Without limiting the generality of the foregoing, the Borrower shall take all Relevant Member Action (a) to cause all bank accounts of Portfolio to be maintained at one or more banks, other than JPMCC
or any Affiliate of JPMCC, having capital and surplus in an aggregate amount of not less than $500,000,000 and rated A or greater by S&P or A2 or greater by Moody’s and (b) to issue a standing instruction to all bank accounts of
Portfolio from which dividends or distributions may be made to the Borrower that all such amounts shall be transferred solely to the Revenue Account, which standing instruction the Borrower shall not withdraw without the prior written consent of the
Lenders and the Collateral Agent. 
 SECTION 8.13 Portfolio LLC Agreement; Portfolio Companies. The Borrower shall comply in all
material respects with all of its obligations under the Portfolio Transaction Documents. The Borrower shall take all Relevant Member Action to (a) cause Portfolio to comply with each of the covenants set forth in Article VII, Article
VIII and Article IX, (b) oppose any proposed decreases by Portfolio in dividends or distributions to holders of the Capital Stock of Portfolio (but subject to setting aside any amounts that the Borrower or Portfolio

  
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reasonably believes, in accordance with Prudent Industry Practice and consistent with any fiduciary duties it may have, should be maintained by Portfolio), (c) oppose any proposed increases
in capital contributions by the Borrower to Portfolio and (d) oppose any proposal that could reasonably be expected to result in a Material Adverse Change. 

SECTION 8.14 Warranty of Title. The Borrower shall, and shall take all Relevant Member Action to cause Portfolio to, maintain good,
legal and valid title to all of its material properties and assets (other than properties and assets disposed of in accordance with this Agreement), in each case free and clear of all Liens other than the Permitted Liens. 

SECTION 8.15 Separate Existence. The Borrower shall (a) maintain entity records and books of account separate from those of any
other entity that is an Affiliate of any such Person, (b) not commingle its funds or assets with those of any other entity that is an Affiliate of any such Person (other than as required by the Financing Documents), (c) cause its members
to take appropriate written action in accordance with the Borrower’s and such member’s Organic Documents to authorize and approve such Person’s actions, which written action will be separate from that of any other entity that is an
Affiliate of such Person and (d) at all times include in its limited liability company agreement the provisions of the foregoing clauses (a) through (c) and other customary separateness covenants reasonably satisfactory
to the Lenders. 
 SECTION 8.16 Maintenance of Depositary Accounts. The Borrower shall fund and maintain the Accounts in accordance
with the Depositary Agreement. 
 SECTION 8.17 Debt Reserve Account. The Borrower shall at all times maintain an amount equal to six
months of interest payments and six months of Minimum Principal Payments in the Debt Reserve Account; provided, however, that if there is a draw on the Debt Reserve Account by the Administrative Agent in accordance with the terms of the Depositary
Agreement, the Borrower shall not be deemed to be in breach of this Section 8.17 as long as the Debt Reserve Account is replenished in accordance with the provisions of the Depositary Agreement. 

SECTION 8.18 Equity Member Withdrawal. If the “Equity Member” (under and as defined in the Portfolio LLC Agreement) exercises
its “Equity Member Withdrawal” (under and as defined in Section 14(b) of the Portfolio LLC Agreement), the Borrower shall elect the “80% Option” (under and as defined in Section 14(b) of the Portfolio LLC Agreement) and
shall cause the Parent, Sponsor or an Affiliate of either of the foregoing to contribute to the Borrower all amounts as are necessary to pay to such Equity Member all amounts owing to it under such 80% Option. 

SECTION 8.19 Further Assurances. Promptly upon the written request of the Administrative Agent, the Borrower shall execute,
acknowledge, deliver, record, re-record, file, re-file, register and re-register any and all such further security agreements, pledge agreements, assignments, financing statements and continuations thereof, termination statements, notices of
assignment, transfers, certificates, assurances and other instruments, and take any other further action, as the Administrative Agent may reasonably require from time to time in order to (i) carry out more effectively the purposes of the
Financing Documents, (ii) to the fullest extent 

  
 51 

 
permitted by Applicable Law and any applicable Contractual Obligations of the Borrower, subject the Borrower’s properties, assets, rights or interests to the Liens now or hereafter intended
to be covered by any of the Security Documents, (iii) perfect and maintain the validity, effectiveness and priority of any of the Security Documents and any of the Liens intended to be created thereunder and (iv) assure, convey, grant,
assign, transfer, preserve, protect and confirm more effectively unto the Secured Parties the rights granted or now or hereafter intended to be granted to the Secured Parties under any Financing Document or under any other instrument executed in
connection with any Financing Document to which the Borrower is or is intended to be a party. 
 SECTION 8.20 ROFO Notices. Within
two (2) Business Days of written request by the Administrative Agent, the Borrower shall deliver to each of the addressees thereof, the Oasis ROFO Notice, the Sand Bluff ROFO Notice and the Scurry County ROFO Notices. Promptly following, and in
any event within three (3) Business Days of, its receipt thereof, the Borrower shall deliver to the Administrative Agent any countersigned signature page to the Oasis ROFO Notice, the Sand Bluff ROFO Notice and the Scurry County ROFO Notices.

 ARTICLE IX. 

NEGATIVE COVENANTS 
 The
Borrower agrees that, so long as any Loan or any other Obligation of the Borrower under any Financing Document (other than contingent Obligations that are intended to survive the termination thereof) shall remain unpaid, it shall comply with the
following covenants, and it shall take all Relevant Member Action to cause Portfolio to comply with the following covenants, provided that any failure or inability of the Borrower to cause such compliance by Portfolio shall not constitute a
breach of this Article IX so long as the Borrower has taken and, upon the request of any Lender, certified to such Lender that it has taken, all Relevant Member Action in connection with the applicable covenant that is available to it. 

SECTION 9.01 Limitation on Indebtedness. The Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to,
incur, assume, create or suffer to exist any Indebtedness, except for the Obligations incurred hereunder and under the other Financing Documents. 

SECTION 9.02 Liens. The Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to, create, assume or
suffer to exist any Lien on any asset now owned or hereafter acquired by it, except Permitted Liens. 
 SECTION 9.03 Restricted
Payments. The Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to, make any Restricted Payments, except: 

(a) with respect to the Borrower, from amounts on deposit in the Distribution Account, if at the time of making such Restricted Payment, the
Borrower satisfies each of the Distribution Conditions; and 
 (b) Restricted Payments made by Portfolio on a pro rata basis to the holders
of any class or series of Capital Stock issued by Portfolio, provided such Restricted Payments are paid in accordance with the Organic Documents of Portfolio. 

  
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 SECTION 9.04 Consolidations and Mergers; Asset Sales. 

(a) The Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to, enter into any transaction of merger or
consolidation, or sell all or substantially all of the Borrower’s or Portfolio’s respective assets to any other Person. 
 (b) The
Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to, purchase or otherwise acquire all or substantially all of the assets (including Capital Stock) of any other Person. 

(c) The Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to, directly or indirectly, issue, sell, assign,
pledge or otherwise encumber or dispose of any shares of Capital Stock of Portfolio owned directly by the Borrower, except as provided in the Security Documents. 

(d) The Borrower shall take all Relevant Member Action to cause Portfolio not to, directly or indirectly, issue or sell any additional shares
of Capital Stock of Portfolio. 
 (e) The Borrower shall take all Relevant Member Action to cause Portfolio not to sell, lease (as lessor),
transfer (as transferor) or otherwise dispose of any property or assets (an “Asset Sale”). 
 SECTION 9.05 Burdensome
Agreements. The Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to, enter into, or permit to exist, any Contractual Obligation (except for this Agreement and the other Financing Documents)
that (a) encumbers or restricts the ability of any such Person to (i) to enter into and perform its obligations under the Financing Documents; (ii) make Restricted Payments directly to the Borrower or (iii) pay any
Indebtedness or other obligation owed to the Borrower or any Lender. 
 SECTION 9.06 Transaction with Affiliates. The Borrower shall
not, and shall take all Relevant Member Action to cause Portfolio not to, make any payment to, or sell, lease, transfer or otherwise dispose of any of its respective properties or assets to, or purchase any property or assets from, or enter into or
make or amend any transaction, contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any of the Borrower’s or Portfolio’s respective Affiliates (an “Affiliate Transaction”), unless the
Affiliate Transaction is on terms that are no less favorable to the Borrower or Portfolio, as the case may be, than those that would have been obtained in a comparable transaction by the Borrower or Portfolio with an unrelated Person;
provided that, the following transactions will not be deemed to constitute Affiliate Transactions and therefore will not be subject to the provisions of this Section 9.06: (a) arms-length transactions with customers, clients,
suppliers, joint venture partners or purchasers or sellers of goods or services (including between Portfolio Companies), or lessors or lessees of property, in each case, in the ordinary course of business and otherwise in compliance with the terms
of this Agreement; (b) any employment agreement, employee benefit plan, officer and director indemnification agreement or any similar arrangement entered into by the Borrower or Portfolio in the ordinary course of business; (c) Restricted
Payments expressly permitted hereby; (d) transactions pursuant to written agreements and arrangements in place as of the Closing Date; (e) any amendments, modifications or replacements of, or waivers under, any written agreement

  
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described under clause (d) of this Section 9.06 that is not a Major Project Document, provided that no such amendment, modification or waiver alters any such
agreement in a manner than is materially adverse to the interests of Lenders; and (f) any agreement to do any of the foregoing. 

SECTION 9.07 Investments in Other Persons. 

(a) The Borrower will not, and will take all Relevant Member Action to cause Portfolio not to, make any loans or advances; provided,
however, that the Borrower may direct the investment of funds on deposit in the Accounts in Permitted Investments in accordance with the terms of the Depositary Agreement. 

(b) The Borrower will not, and will take all Relevant Member Action to cause Portfolio not to, acquire, establish or create any Subsidiary.

 SECTION 9.08 Guarantees. The Borrower will not, and shall take all Relevant Member Action to cause Portfolio not to, contingently
or otherwise, be or become liable in connection with any guarantee or other contingent obligation. 
 SECTION 9.09 Change in Nature of
Business. The Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to, engage in any business other than a Permitted Business. 

SECTION 9.10 Modification of Contractual Obligations. Unless it has received the prior written consent of the Administrative Agent, the
Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not to: 
 (a) amend, supplement, waive or otherwise modify
any Portfolio Transaction Document or Holding Company LLC Agreement, terminate, replace, enter into a novation with respect to, vary or assign any or all interests in any Portfolio Transaction Document or Holding Company LLC Agreement, or exercise
or waive any rights to consent to any termination, replacement, variance or assignment of any Portfolio Transaction Document or Holding Company LLC Agreement, except changes of a ministerial nature, in each case where the Borrower has received
Written Notice of the proposed change, so long as the Borrower has provided the Administrative Agent with advance written notice of any such proposed change; 

(b) [Reserved]; 
 (c) amend,
supplement, waive or otherwise modify the Organic Documents of the Borrower or Portfolio (including the Portfolio LLC Agreement), except changes of a ministerial nature, so long as the Borrower has provided the Administrative Agent with five
(5) Business Days’ advance notice of any such proposed change, including an explanation of the proposed change; or 
 (d) enter
into any new material contractual obligation. 

  
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 SECTION 9.11 Use of Proceeds. 

(a) The Borrower shall not use the proceeds of any Term Loan for any purpose other than to (A) make the contributions contemplated under
the Contribution Agreement, (B) fund the Debt Reserve Account and (C) pay transaction costs and expenses associated with the Financing Documents. 

(b) The Borrower shall not, directly or indirectly, use any part of the proceeds of any Loan or other revenues to purchase or carry any Margin
Stock. 
 SECTION 9.12 Bank Accounts. The Borrower shall not maintain any bank account or similar account with any financial
institution other than the Accounts. 
 SECTION 9.13 [Reserved.] 

SECTION 9.14 Capital Expenditures. The Borrower will not make any Capital Expenditures and will take all Relevant Member Action to
cause Portfolio not to make any Capital Expenditures, other than any Capital Expenditures of Portfolio that is (a) a Necessary Capital Expenditure with respect to a Project, and (b) paid solely with the proceeds of cash equity contributed
to Portfolio by the holders of its Capital Stock (other than the Borrower). Without limiting the foregoing, the Borrower shall not acquire any membership interest of any “Equivalent Class Member” (as defined in the Portfolio LLC Agreement)
in any Holding Company and shall not acquire any membership interest in any Holding Company from Portfolio pursuant to Paragraph 13(k) of the Portfolio LLC Agreement, in each case without the prior written consent of each Lender. 

SECTION 9.15 Fiscal Year, Location and EIN. The Borrower shall not change (a) its Fiscal Year, name or federal employer
identification number without the Administrative Agent’s consent (such consent not to be unreasonably withheld or delayed) or (b) its jurisdiction of organization, its organization identification number or the location of its principal
place of business without at least 30 days’ prior written notice to the Administrative Agent and the Collateral Agent. 
 SECTION 9.16
Lease Transactions. The Borrower will not, and will take all Relevant Member Action to cause Portfolio not to, enter into any transaction for the lease of any assets, whether operating leases, capital leases or otherwise. 

SECTION 9.17 No Employees. The Borrower shall not have any employees. 

SECTION 9.18 Changes to Accounting Policies. The Borrower shall not, and shall take all Relevant Member Action to cause Portfolio not
to, make any change in accounting policies or reporting practices, except as required by GAAP. 
 SECTION 9.19 Other Relevant Member
Action. (a) Unless it has received the prior written consent of the Administrative Agent, the Borrower shall not take any Relevant Member Action with respect to any matter not specifically addressed in Article VIII or Article
IX. 
 (b) Without limiting clause (a) and notwithstanding anything to the contrary in Section 7.01, Borrower
shall (i) notify the Administrative Agent in writing promptly upon any 

  
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action arising in respect of which the Portfolio LLC Agreement grants any voting, approval or consent right to the Borrower (whether in its capacity as a “Member,” “Investor
Member,” Co-Managing Member” or “Tax Matters Partner” (each, under and as defined in the Portfolio LLC Agreement)) or any “Committee Member” (under and as defined in the Portfolio LLC Agreement) or any other agent or
representative of the Borrower, however designated, under the Portfolio LLC Agreement, including any such matter relating to a Project, Project Company or a Holding Company with respect to which any Holding Company LLC Agreement grants voting,
approval or consent rights to Portfolio, except to the extent that any such voting, approval or consent right is in respect of (1) a Minor Project Document, to the extent that the Borrower has certified in writing to the Administrative Agent
and the Lenders that the action being requested of the Borrower could not reasonably be expected to result in a Material Adverse Change or (2) an item that is of a ministerial nature, which rights the Borrower may exercise in its discretion so
long as it has provided the Administrative Agent with advance written notice and (ii) as soon as possible and in any event within three (3) Business Days after its receipt thereof, deliver to the Administrative Agent copies of any written
notices, communications or other information relating to any matter described in the immediately preceding clause (i). 
 (c) The
Borrower shall exercise any voting, approval or consent right described in clause (b) immediately above solely as directed in writing by the Administrative Agent, provided that if the Administrative Agent shall not have directed the
Borrower as to the manner in which the Borrower shall be required to exercise such voting, approval or consent right by 9:00 a.m. EST on the date of the deadline for such exercise (after giving effect to the earlier of all extensions thereof
permitted under the Portfolio LLC Agreement or any Holding Company LLC Agreement, as applicable), the Borrower shall be entitled to exercise such right in its discretion provided the Borrower shall have notified the Administrative Agent three
(3) Business Days prior to such deadline if, on such date, the Administrative Agent shall not have given such direction to the Borrower. 

SECTION 9.20 Sanctions. Directly or indirectly, use the proceeds of any Loan, or lend, contribute or otherwise make available such
proceeds to any Subsidiary, joint venture partner or other individual or entity, to fund any activities of or business with any individual or entity, or in any Designated Jurisdiction, that, at the time of such funding, is the subject of Sanctions,
or in any other manner that will result in a violation by any individual or entity (including any individual or entity participating in the transaction, whether as Lender, Administrative Agent, or otherwise) of Sanctions. 

ARTICLE X. 
 EVENTS OF
DEFAULT 
 SECTION 10.01 Events of Default. Each of the following events or occurrences described in this Article X shall
constitute an “Event of Default”; provided that if an Event of Default that may be cured under this Article X is actually cured, such event of Default shall no longer be deemed continuing: 

(a) Non-Payment. The failure to pay or cause to be paid any Minimum Principal Payment Amount, any Additional Principal Payment Amount
due under Section 3.01(a), any interest or any other Obligations on the date such payment is due and payable, whether on a 

  
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Payment Date, on the Final Maturity Date, upon prepayment or upon acceleration or otherwise; provided that the Borrower may cure an Event of Default referenced in this
Section 10.01(a) up to two times in any calendar year and up to a total of four times in the aggregate if such payment is made within five (5) days after the same became due and payable. 

(b) [Reserved]. 

(c) Breach of Warranty. Any representation or warranty made by the Borrower or the Parent under any Financing Document shall prove to
have been untrue or misleading as of the time made, confirmed or furnished and the fact, event or circumstance that gave rise to such inaccuracy has had or could reasonably be expected to cause a Material Adverse Change, unless, if such misstatement
(and the effect thereof) is reasonably capable of being cured, the Borrower, the Parent or Sponsor as applicable, cures such misstatement (and the effect thereof) within sixty (60) days of the Borrower, the Parent, Sponsor or any Credit Party,
as applicable, acquiring Knowledge thereof. 
 (d) Non-Performance of Covenants and Obligations. The failure by the Borrower
or the Parent to perform or observe (i) any covenant or obligation set forth in Section 8.18 or Article IX hereof or (ii) any of its other covenants or obligations in the Financing Documents (other than any failure or
breach described in sub-clause (i) or in any other clauses of this Section 10.01) and, in respect of this clause (ii) only, such failure or breach shall continue uncured for sixty (60) or more days after an Authorized
Officer of such Person obtains Knowledge thereof. 
 (e) [Reserved]. 

(f) Default on Other Indebtedness. (i) Failure of the Borrower to pay when due any principal of or interest on, or any other
amount payable in respect of, one or more items of Indebtedness (other than Indebtedness under this Agreement) in an individual or aggregate principal amount of $500,000 or more, in each case beyond the grace period, if any, provided therefor;
(ii) failure of any Portfolio Company to pay when due any principal of or interest on, or any other amount payable in respect of, one or more items of Indebtedness (other than Indebtedness under this Agreement) in an individual or aggregate
principal amount of $2,000,000 or more, in each case beyond the grace period, if any, provided therefor, only if, with respect to any Holding Company or any Project Company, such failure as could reasonably be expected to cause a Material Adverse
Change; or (iii) breach or default by the Borrower or any Portfolio Company with respect to any term of one or more items of Indebtedness in the individual or aggregate principal amount referred to in clauses (i) or (ii) above (as
applicable) beyond the grace period, if any, provided therefor, if the effect of such breach or default is to cause that Indebtedness to become due or be declared to be due and payable prior to its stated maturity and, in the case of any Holding
Company or any Project Company, the same could reasonably be expected to cause a Material Adverse Change; provided that, any events referenced in Section 10.01(f)(ii) and, with respect to any Holding Company or Project Company
only, Section 10.01(f)(iii), shall not constitute an Event of Default so long as the Borrower makes an optional prepayment of the Loans in an amount that the Lenders determine is sufficient to remedy any adverse impacts to the Lenders
that the Lenders reasonably expect to incur as a result of such event within three (3) Business Days of the Lenders (or the Administrative Agent on their behalf) delivering notice of the amount of such prepayment; provided,
further, that the 

  
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Borrower may make such optional prepayments, together with all optional prepayments made pursuant to Section 10.01(g), Section 10.01(h), and Section 10.01(k),
up to two times in any calendar year and up to a total of four times in the aggregate. 
 (g) Judgments. One or more final and
non-appealable judgment or judgments for the payment of money (i) in excess of $500,000 (exclusive of judgment amounts fully covered by insurance) shall be rendered against the Borrower, or the Parent or (ii) in excess of $2,000,000
(exclusive of judgment amounts fully covered by insurance) shall be rendered against or any Portfolio Company, and in any such case shall remain undischarged, unvacated, unstayed or unbonded for a period of sixty (60) or more consecutive days
and, in the case of any Holding Company or any Project Company, the existence of such judgment could reasonably be expected to cause a Material Adverse Change; provided that, any event referenced in Section 10.01(g)(ii) with
respect to any Holding Company or any Project Company shall not constitute an Event of Default so long as the Borrower makes an optional prepayment of the Loans in an amount that the Lenders determine is sufficient to remedy any adverse impacts to
the Lenders that the Lenders reasonably expect to incur as a result of such event within three (3) Business Days of the Lenders (or the Administrative Agent on their behalf) delivering notice of the amount of such prepayment; provided,
further, that the Borrower may make such optional prepayments, together with all optional prepayments made pursuant to Section 10.01(f), Section 10.01(h), and Section 10.01(k), up to two times in any
calendar year and up to a total of four times in the aggregate. 
 (h) Governmental Approvals. Any Governmental Approval
required for (i) the ownership by the Borrower of Portfolio, (ii) the ownership by any Portfolio Company of any other Portfolio Company the Capital Stock of which it owns on the Closing Date, (iii) the operation of any Project or any
material portion thereof owned by any Portfolio Company or (iv) sales of energy, RECs or capacity from any Project, in each case, is revoked, terminated, withdrawn or ceases to be in full force and effect if (A) such revocation,
termination, withdrawal or cessation has had or could reasonably be expected to cause a Material Adverse Change and (B) such revocation, termination, withdrawal or cessation is not cured within sixty (60) days following the occurrence
thereof; provided that, any event referenced in Section 10.01(h)(ii), Section 10.01(h)(iii) or Section 10.01(h)(iv), in each case with respect to any Holding Company or any Project Company, shall not constitute
an Event of Default so long as the Borrower makes an optional prepayment of the Loans in an amount that the Lenders determine is sufficient to remedy any adverse impacts to the Lenders that the Lenders reasonably expect to incur as a result of such
event within three (3) Business Days of the Lenders (or the Administrative Agent on their behalf) delivering notice of the amount of such prepayment; provided, further, that the Borrower may make such optional prepayments,
together with all optional prepayments made pursuant to Section 10.01(f), Section 10.01(g), and Section 10.01(k), up to two times in any calendar year and up to a total of four times in the aggregate. 

(i) Impairment of Security, Financing Documents etc. Any of the Security Documents or any other Financing Document (other than
in accordance with the provisions thereof) ceases to be in full force and effect and enforceable against the parties thereto, or the Borrower or the Parent shall repudiate, disavow or take legal action to challenge such effectiveness or
enforceability, or any Lien granted therein ceases to be a valid and perfected Lien in favor of the Secured Parties on the Collateral described therein with the priority purported to be created thereby. 

  
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 (j) [Reserved]. 

(k) Bankruptcy, Insolvency, etc. The Borrower, the Parent, Sponsor or any Portfolio Company shall: 

(i) generally fail to pay, or admit in writing its inability or unwillingness generally to pay, debts as they become due,
provided, with respect to any such Project Company, only if such failure as could reasonably be expected to cause a Material Adverse Change; provided, that, with respect to any Project Company, any event referenced in this
Section 10.01(k)(i) shall not constitute an Event of Default so long as the Borrower makes an optional prepayment of the Loans in an amount that the Lenders determine is sufficient to remedy any adverse impacts to the Lenders that the
Lenders reasonably expect to incur as a result of such event within three (3) Business Days of the Lenders (or the Administrative Agent on their behalf) delivering notice of the amount of such prepayment; provided, further, that
the Borrower may make such optional prepayments, together with all optional prepayments made pursuant to Section 10.01(f), Section 10.01(g), Section 10.01(h) and clauses (ii) and (iii) of
this Section 10.01(k), up to two times in any calendar year and up to a total of four times in the aggregate; 

(ii) apply for, consent to, or acquiesce in the appointment of a trustee, receiver, sequestrator or other custodian for any
substantial part of its property, or make a general assignment for the benefit of creditors; or in the absence of such application, consent or acquiescence, permit or suffer to exist the appointment of a trustee, receiver, sequestrator or other
custodian for a substantial part of its property, and such trustee, receiver, sequestrator or other custodian shall not be discharged within sixty (60) days, provided, with respect to any Project Company, only if such action could reasonably be
expected to cause a Material Adverse Change; provided that the Borrower hereby expressly authorizes each Secured Party to appear in any court conducting any relevant proceeding during such sixty (60)-day period to preserve, protect and defend
their rights under the Financing Documents; provided, further, that, with respect to any Project Company, any event referenced in this Section 10.01(k)(ii) shall not constitute an Event of Default so long as the Borrower
makes an optional prepayment of the Loans in an amount that the Lenders determine is sufficient to remedy any adverse impacts to the Lenders that the Lenders reasonably expect to incur as a result of such event within three (3) Business Days of
the Lenders (or the Administrative Agent on their behalf) delivering notice of the amount of such prepayment; provided, further, that the Borrower may make such optional prepayments, together with all optional prepayments made pursuant
to Section 10.01(f), Section 10.01(g), Section 10.01(h) and clauses (i) and (iii) of this Section 10.01(k), up to two times in any calendar year and up to a total of four
times in the aggregate; or 
 (iii) permit or suffer to exist the commencement of any bankruptcy, reorganization, debt
arrangement or other case or proceeding under any bankruptcy or insolvency law or any dissolution, winding up or liquidation proceeding, in respect of such Person, and, if any such case or proceeding is not commenced by such Person, such case or
proceeding shall be consented to or acquiesced in by such Person or shall result in the entry of an order for relief or shall remain undismissed for sixty (60) days, provided, 

  
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with respect to any Project Company, only if such action could reasonably be expected to cause a Material Adverse Change; provided, that the Borrower hereby expressly authorizes each
Secured Party to appear in any court conducting any such case or proceeding during such sixty (60)-day period to preserve, protect and defend their rights under the Financing Documents. provided, further, that, with respect to any
Project Company, any event referenced in this Section 10.01(k)(iii) shall not constitute an Event of Default so long as the Borrower makes an optional prepayment of the Loans in an amount that the Lenders determine is sufficient to
remedy any adverse impacts to the Lenders that the Lenders reasonably expect to incur as a result of such event within three (3) Business Days of the Lenders (or the Administrative Agent on their behalf) delivering notice of the amount of such
prepayment; provided, further, that the Borrower may make such optional prepayments, together with all optional prepayments made pursuant to Section 10.01(f), Section 10.01(g), Section 10.01(h) and
clauses (i) and (ii) of this Section 10.01(k), up to two times in any calendar year and up to a total of four times in the aggregate. 

(l) Organizational Documents. The Portfolio LLC Agreement or any Holding Company LLC Agreement is terminated or ceases to be
valid and in full force and effect prior to its stated maturity date other than as a result of an amendment or termination permitted hereunder or, in the case of any termination of a Holding Company LLC Agreement, as a result of any sale of all
membership interests in the related Holding Company pursuant to a transaction the consummation of which does not constitute an Event of Default. 

(m) Change of Control. Any Change of Control shall occur. 

(n) Pension Plans. Any ERISA Event shall occur that could reasonably be expected to result in a Material Adverse Change. 

SECTION 10.02 Action if Event of Default. If any Event of Default shall occur, the Administrative Agent shall, upon the direction of
the Required Lenders, by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations to be due and payable, whereupon the full unpaid amount of such Loans and other Obligations that shall
be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment. 
 ARTICLE
XI. 
 THE AGENTS 

SECTION 11.01 Appointment and Authority. Each of the Lenders hereby irrevocably appoints BANA to act on its behalf as the
Administrative Agent and as the Collateral Agent hereunder and under the other Financing Documents and authorizes the Agents to take such actions on its behalf and to exercise such powers as are delegated to the Agents by the terms hereof or
thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article XI are solely for the benefit of the Agents and the Lenders, and none of the Borrower, the Parent nor Sponsor shall have
rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Financing Documents (or any other similar term) with reference to the Administrative

  
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Agent or the Collateral Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any Applicable Law. Instead, such term is used as
a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties. 
 SECTION
11.02 Rights as a Lender. The Person serving as the Administrative Agent or the Collateral Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not
the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual
capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or Subsidiary or
other Affiliate thereof as if such Person were not the Administrative Agent or Collateral Agent hereunder and without any duty to account therefor to the Lenders. 

SECTION 11.03 Exculpatory Provisions. The Agents shall not have any duties or obligations except those expressly set forth herein and
in the other Financing Documents, and its duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, each Agent: 

(a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing; 

(b) shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers
expressly contemplated hereby or by the other Financing Documents that such Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or
in the other Financing Documents), provided that such Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose such Agent to liability or that is contrary to any Financing Document or
Applicable Law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any Debtor Relief Law ; and 

(c) shall not, except as expressly set forth herein and in the other Financing Documents, have any duty to disclose, and shall not be liable
for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as an Agent or any of its Affiliates in any capacity. 

Each Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the request of the Required Lenders (or
such other number or percentage of the Lenders as shall be necessary, or as such Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 12.01 and 10.03) or (ii) in the absence of its
own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final and non-appealable judgment. Each Agent shall be deemed not to have Knowledge of any Default unless and until notice describing such Default is
given in writing to such Agent by the Borrower or a Lender. 

  
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 Each Agent shall not be responsible for or have any duty to ascertain or inquire into
(i) any statement, warranty or representation made in or in connection with this Agreement or any other Financing Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection
herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or
genuineness of this Agreement, any other Financing Document or any other agreement, instrument or document or (v) the satisfaction of any condition set forth in Article V or elsewhere herein, other than to confirm receipt of items
expressly required to be delivered to such Agent. 
 SECTION 11.04 Reliance by Agents. The Agents shall be entitled to rely upon, and
shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it
to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Agents also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur
any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Term Loan that by its terms must be fulfilled to the satisfaction of a Lender, the Agent may presume that such condition is satisfactory to
such Lender unless such Agent shall have received notice to the contrary from such Lender prior to the making of such Term Loan. The Agents may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other
experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 

SECTION 11.05 Delegation of Duties. Each Agent may perform any and all of its duties and exercise its rights and powers hereunder or
under any other Financing Document by or through any one or more sub-agents appointed by such Agent. Each Agent and any such sub-agent may perform any and all of its
duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article XI shall apply to any such sub-agent and to the Related Parties of
such Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as such Agent. Each Agent
shall not be responsible for the negligence or misconduct of any sub-agents except to the extent that a court of competent jurisdiction determines in a final and non-appealable judgment that such Agent acted with gross negligence or willful
misconduct in the selection of such sub-agents. 
 SECTION 11.06 Resignation of Agent. 

(a) The Administrative Agent or Collateral Agent may at any time give notice of its resignation to the Lenders and the Borrower. Upon receipt
of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in
the United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation (or such earlier day as shall be
agreed by the Required Lenders) (the 

  
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“Resignation Effective Date”), then the retiring Agent may (but shall not be obligated to) on behalf of the Lenders, appoint a successor Administrative Agent or Collateral Agent,
as applicable, meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date. 

(b) The Required Lenders may, to the extent permitted by Applicable Law, by notice in writing to the Borrower and such Person remove such
Person as Administrative Agent or Collateral Agent and, in consultation with the Borrower, appoint a successor. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days (or
such earlier day as shall be agreed by the Required Lenders) (the “Removal Effective Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective Date. 

(c) With effect from the Resignation Effective Date or the Removal Effective Date (as applicable) (1) the retiring or removed Agent shall
be discharged from its duties and obligations hereunder and under the other Financing Documents and (2) except for any indemnity payments or other amounts then owed to the retiring or removed Agent, all payments, communications and
determinations provided to be made by, to or through such Agent shall instead be made by or to each Lender directly, until such time, if any, as the Required Lenders appoint a successor Agent as provided for above. Upon the acceptance of a
successor’s appointment as Administrative Agent or Collateral Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring or removed Agent (other than any rights to
indemnity payments or other amounts owed to the retiring or removed Agent as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the retiring or removed Administrative Agent shall be discharged from all of its duties
and obligations hereunder or under the other Financing Documents (if not already discharged therefrom as provided above in this Section 11.06). The fees payable by the Borrower to a successor Agent shall be the same as those payable to
its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring or removed Agent’s resignation or removal hereunder and under the other Financing Documents, the provisions of this Article XI,
Section 12.03 and Section 12.04 shall continue in effect for the benefit of such retiring or removed Agent, its sub-agents and their respective Related Parties in respect of any actions
taken or omitted to be taken by any of them while the retiring or removed Agent was acting as Agent. 
 SECTION 11.07 Non-Reliance on
Agents and Other Lenders. Each Lender acknowledges that it has, independently and without reliance upon the Agents or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made
its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Agents or any other Lender or any of their Related Parties and based on such documents and
information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Financing Document or any related agreement or any document furnished
hereunder or thereunder. 

  
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 SECTION 11.08 Agent May File Proofs of Claim. In case of the pendency of any proceeding
under any Debtor Relief Law or any other judicial proceeding relative to the Borrower or the Parent, the Agents (irrespective of whether the principal of any Term Loan shall then be due and payable as herein expressed or by declaration or otherwise
and irrespective of whether such Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 

(a) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Term Loans and all other
Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders and the Agents (including any claim for the reasonable compensation, expenses, disbursements and
advances of the Lenders, the Agents and their respective agents and counsel and all other amounts due the Lenders and the Agents under Sections 12.03 and 12.04) allowed in such judicial proceeding; and 

(b) to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same; and 

any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby
authorized by each Lender to make such payments to the Agents and, in the event that an Agent shall consent to the making of such payments directly to the Lenders, to pay to the Agent any amount due for the reasonable compensation, expenses,
disbursements and advances of the Agent and its agents and counsel, and any other amounts due the Agent under Sections 12.03 and 12.04. 

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

SECTION 11.09 No Advisory or Fiduciary Relationship. In connection with all aspects of each transaction contemplated hereby (including
in connection with any amendment, waiver or other modification hereof or of any other Financing Document), the Borrower acknowledges and agrees that: (i) (A) the arranging and other services regarding this Agreement provided by the
Administrative Agent and the Lenders are arm’s-length commercial transactions between the Borrower and its Affiliates, on the one hand, and the Administrative Agent and the Lenders, on the other hand, (B) the Borrower has consulted its own
legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (C) the Borrower is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by
the other Financing Documents; (ii) (A) the Administrative Agent and each Lender is and has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting
as an advisor, agent or fiduciary for the Borrower or any of its Affiliates, or any other Person and (B) neither the Administrative Agent nor any Lender has any obligation to the Borrower or any of its Affiliates with respect to the
transactions contemplated hereby except those obligations expressly set forth herein and in the other Financing Documents; and (iii) the Administrative Agent and the Lenders and their respective Affiliates may be engaged in a broad range of
transactions that involve 

  
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interests that differ from those of the Borrower and its Affiliates, and neither the Administrative Agent nor any Lender has any obligation to disclose any of such interests to the Borrower or
its Affiliates. To the fullest extent permitted by law, the Borrower hereby waives and releases any claims that it may have against the Administrative Agent or any Lender with respect to any breach or alleged breach of agency or fiduciary duty in
connection with any aspect of any transaction contemplated hereby. 
 SECTION 11.10 Payments by Borrower; Presumptions by Agents.
Unless an Agent shall have received notice from the Borrower prior to the date on which any payment is due to such Agent for the account of the Lenders hereunder that the Borrower will not make such payment, the Agent may assume that the Borrower
has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders, as the case may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the
Lenders, as the case may be, severally agrees to repay to the Agent forthwith on demand the amount so distributed to such Lender, in immediately available funds with interest thereon, for each day from and including the date such amount is
distributed to it to but excluding the date of payment to the applicable Agent, at the greater of the Federal Funds Effective Rate and a rate determined by the applicable Agent in accordance with banking industry rules on interbank compensation.

 SECTION 11.11 Posting of Approved Electronic Communications. 

(a) The Borrower hereby agrees, unless directed otherwise by the Administrative Agent or Collateral Agent or unless the electronic mail
address referred to below has not been provided by such Agent to the Borrower, that it will provide to such Agent all information, documents and other materials that it is obligated to furnish to such Agent pursuant to the Financing Documents or to
the Lenders under Section 7.01, including all notices, requests, financial statements, financial and other reports, certificates and other information materials, but excluding any such communication that (i) is or relates to a
Notice of Borrowing pursuant to Section 2.03(a), (ii) relates to the payment of any principal or other amount due under this Agreement prior to the scheduled date therefor, (iii) provides notice of any Default or Event of
Default under this Agreement or any other Financing Document or (iv) is required to be delivered to satisfy any condition precedent to the effectiveness of this Agreement and/or any Borrowing hereunder (all such non-excluded communications
being referred to herein collectively as “Communications”), by transmitting the Communications in an electronic/soft medium that is properly identified in a format acceptable to the Agent to an electronic mail address as directed by
the Agent. In addition, the Borrower agrees to continue to provide the Communications to the Agents or the Lenders, as the case may be, in the manner specified in the Financing Documents but only to the extent requested by the applicable Agent. 

(b) The Borrower hereby acknowledges that (a) the Administrative Agent may, but shall not be obligated to, make available to the Lenders
materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on Debt Domain, IntraLinks, Syndtrak, ClearPar, or another similar electronic
system (the “Platform”) and (b) certain of the Lenders (each, a “Public Lender”) may have personnel who do not wish to receive material non-public information with respect to the Borrower or its Affiliates, or
the respective securities of any of the foregoing, and who may be 

  
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engaged in investment and other market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that (w) all Borrower Materials that are to be made
available to Public Lenders shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower Materials
“PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent and the Lenders to treat such Borrower Materials as not containing any material non-public information with respect to the Borrower or its securities for
purposes of United States Federal and state securities laws (provided, however, that to the extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 12.15); (y) all Borrower
Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side Information;” and (z) the Administrative Agent and the Arranger shall be entitled to treat any Borrower
Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Side Information.” 

(c) THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY
OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the
Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to the Borrower, any Lender or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in
tort, contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s transmission of Borrower Materials or notices through the Platform, any other electronic platform or electronic messaging service, or through the
Internet. 
 (d) Each Agent agrees that the receipt of the Communications by such Agent at its e-mail address set forth above shall
constitute effective delivery of the Communications to such Agent for purposes of the Financing Documents. Each Lender agrees that receipt of notice to it (as provided in the next sentence) specifying that the Communications have been posted to the
Platform shall constitute effective delivery of the Communications to such Lender for purposes of the Financing Documents. Each Lender agrees to notify the Agents in writing (including by electronic communication) from time to time of such
Lender’s e-mail address to which the foregoing notice may be sent by electronic transmission and that the foregoing notice may be sent to such e-mail address. 

(e) Nothing herein shall prejudice the right of the Agents or any Lender to give any notice or other communication pursuant to any Financing
Document in any other manner specified in such Financing Document. 

  
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 ARTICLE XII. 

MISCELLANEOUS PROVISIONS 

SECTION 12.01 Amendments, Etc. No amendment or waiver of any provision of this Agreement or any other Financing Document, and no
consent to any departure by the Borrower therefrom, shall be effective unless in writing signed by the Required Lenders and the Borrower and acknowledged by the Administrative Agent, and each such waiver or consent shall be effective only in the
specific instance and for the specific purpose for which given; provided, however, that no such amendment, waiver or consent shall: 

(a) waive any condition set forth in Section 5.01 without the written consent of each Lender; 

(b) postpone any date fixed by this Agreement or any other Financing Document for any payment or mandatory prepayment of principal, interest,
fees or other amounts due to the Lenders (or any of them) hereunder or under any other Financing Document without the written consent of each Lender directly affected thereby; 

(c) reduce the principal of, or the rate of interest specified herein on, any Loan, or (subject to clause (iv) of the second
proviso to this Section 12.01) any fees or other amounts payable hereunder or under any other Financing Document without the written consent of each Lender directly affected thereby; provided, however, that only the consent
of the Required Lenders shall be necessary to amend the definition of “Default Rate” or to waive any obligation of the Borrower to pay interest or Letter of Credit Fees at the Default Rate; 

(d) alter the pro rata sharing of payments required thereby without the written consent of each Lender; or 

(e) change any provision of this Section or the definition of “Required Lenders” or any other provision hereof specifying the number
or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder, without the written consent of each Lender; 

and, provided further, that (i) no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition
to the Lenders required above, affect the rights or duties of the Administrative Agent under this Agreement or any other Financing Document. 

(f) Notwithstanding the other provisions of this Section 12.01, the Administrative Agent may (but shall have no obligation to):

 (i) amend or supplement the Financing Documents without the consent of any other Lender for the purpose of curing any
ambiguity, defect, inconsistency or typographical or drafting error in the Financing Documents; 
 (ii) extend the timing
requirements of this Agreement for the purposes of delivery of financial statements, related certificates and an updated Base Case Financial Model for an additional period not to exceed 30 days; and 

(iii) approve recalculations of Minimum Principal Payment Amounts as a result of mandatory or optional prepayments of the Term
Loans. 

  
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 SECTION 12.02 Notices; Time. All notices and other communications provided under each
Financing Document shall be in writing or by facsimile and addressed, delivered or transmitted, if to the Borrower or the Administrative Agent, at its address or facsimile number set forth on Schedule I, and if to a Lender, to the
applicable Person at its address or facsimile number set forth on Schedule I or set forth in the Lender Assignment Agreement pursuant to which such Lender became a Lender hereunder, or, in any case, at such other address or facsimile
number as may be designated by any such party in a notice to the other parties. Any notice, if mailed and properly addressed with postage prepaid or if properly addressed and sent by pre-paid courier service, shall be deemed given when received; any
notice, if transmitted by facsimile, shall be deemed given when the confirmation of transmission thereof is received by the transmitter (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at
the opening of business on the next Business Day for the recipient). Unless otherwise indicated, all references to the time of a day in a Financing Document shall refer to New York, New York time. Electronic mail and Internet and intranet websites
may, at the discretion of the Administrative Agent, be used to distribute routine communications, such as financial statements and other information as provided in Section 11.11(a), to distribute Financing Documents for execution by the
parties thereto and distribute executed Financing Documents and may not be used for any other purpose. 
 SECTION 12.03 Payment of Costs
and Expenses. The Borrower agrees to pay on demand all reasonable out-of-pocket costs and expenses of the Administrative Agent (including the reasonable fees and out-of-pocket expenses of counsel to the Administrative Agent and of local counsel,
if any, who may be retained by or on behalf of the Administrative Agent from and after the Closing Date, in connection with: 
 (a) the
negotiation, preparation, execution and delivery of any amendments, waivers, consents, supplements or other modifications to any Financing Document as may from time to time hereafter be required; 

(b) the filing, recording, refiling or rerecording of any Financing Document (including the Filing Statements) and all amendments,
supplements, amendments and restatements and other modifications to any thereof, searches made following the Closing Date in jurisdictions where Filing Statements (or other documents evidencing Liens in favor of the Secured Parties) have been filed
or recorded and any and all other documents or instruments of further assurance required to be filed or recorded, or refiled or rerecorded by the terms of any Financing Document; and 

(c) the preparation and review of the form of any document or instrument relevant to any Financing Document. 

The Borrower further agrees to pay, and to save each Secured Party harmless from all liability for, Other Taxes or Indemnified Taxes that may be payable in
connection with the execution or delivery of each Financing Document, the Loans or the issuance of the Term Loan Notes, as applicable. The Borrower also agrees to reimburse each Secured Party upon demand for all out-of-pocket expenses (including
reasonable attorneys’ fees and legal expenses of counsel to each Secured Party) incurred by such Secured Party in connection with (x) the negotiation of any restructuring or “work-out” with the Borrower, whether or not
consummated, of any Obligations and (y) the enforcement of any Obligations. 

  
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 SECTION 12.04 Indemnification. In consideration of the execution and delivery of this
Agreement by each Secured Party, the Borrower hereby indemnifies, exonerates and holds each Secured Party and each of their respective officers, directors, employees and agents (collectively, the “Indemnified Parties”) free and
harmless from and against any and all actions, causes of action, suits, losses, costs, liabilities and damages, and expenses incurred in connection therewith (irrespective of whether any such Indemnified Party is a party to the action for which
indemnification hereunder is sought), including reasonable attorneys’ fees and disbursements, whether incurred in connection with actions between or among the parties hereto or the parties hereto and third parties (collectively, the
“Indemnified Liabilities”), incurred by the Indemnified Parties or any of them as a result of, or arising out of, or relating to: 

(a) any transaction financed or to be financed in whole or in part, directly or indirectly, with the proceeds of any Loan; 

(b) the entering into and performance of any Financing Document by any of the Indemnified Parties (including any action brought by or on
behalf of the Borrower as the result of any determination by the Lenders pursuant to Article V not to fund the Loans, provided that, any such action is resolved in favor of such Indemnified Party); or 

(c) each Lender’s Environmental Liability (the indemnification herein shall survive repayment of the Obligations and any transfer of the
property of the Borrower or any Portfolio Company by foreclosure or by a deed in lieu of foreclosure for any Lender’s Environmental Liability, regardless of whether caused by, or within the control of, the Borrower or such Subsidiary), except
to the extent that (i) the facts or events that are the basis for the Lender’s Environmental Liability first and solely arise or occur after such transfer by foreclosure or deed in lieu of foreclosure, and (ii) neither the Borrower
nor any Portfolio Company could have any Environmental Liabilities or Costs with respect to such facts and events; 
 except for Indemnified Liabilities
arising for the account of a particular Indemnified Party by reason of the relevant Indemnified Party’s gross negligence or willful misconduct. It is expressly understood and agreed that to the extent that any Indemnified Party is strictly
liable under any Environmental Laws, the Borrower’s obligation to such Indemnified Party under this indemnity shall likewise be without regard to fault on the part of the Borrower with respect to the violation or condition that results in
liability of an Indemnified Party. If and to the extent that the foregoing undertaking may be unenforceable for any reason, the Borrower agrees to make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities
that is permissible under Applicable Law. 
 SECTION 12.05 Survival. The obligations of the Borrower under Sections 4.01,
4.02, 12.03 and 12.04 and the obligations of the Lenders under Section 11.10 in each case survive any assignment from one Lender to another (in the case of Sections 12.03 and 12.04) and the occurrence of
the Termination Date. The representations and warranties made by the Borrower in each Financing Document shall survive the execution and delivery of such Financing Document, and shall continue in full force and effect with respect to the date as of

  
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which they were made as long as any Loan or other Obligation of the Borrower hereunder shall remain unpaid or unsatisfied. The provisions of Section 4.01 shall survive and remain in
full force and effect regardless of the consummation of the transactions contemplated hereby, the repayment of the Loans, or the termination of this Agreement or any provision hereof. 

SECTION 12.06 Severability. Any provision of any Financing Document that is prohibited or unenforceable in any jurisdiction shall, as
to such provision and such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of such Financing Document or affecting the validity or enforceability of such provision in
any other jurisdiction, and the remaining provisions shall be construed without giving effect to the prohibited or unenforceable provisions. 

SECTION 12.07 Headings. The various headings of each Financing Document are inserted for convenience only and shall not affect the
meaning or interpretation of such Financing Document or any provisions thereof. 
 SECTION 12.08 Execution in Counterparts,
Effectiveness, etc. This Agreement may be executed by the parties hereto in several counterparts, each of which shall be an original (whether such counterpart is originally executed or an electronic copy of an original) and each party hereto
expressly waives its rights to receive originally executed documents other than with respect to any Term Loan Notes and all of which shall constitute together but one and the same agreement. 

SECTION 12.09 Governing Law; Entire Agreement. THIS AGREEMENT AND THE NOTES WILL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. The
Financing Documents constitute the entire understanding among the parties hereto with respect to the subject matter thereof and supersede any prior agreements, written or oral, with respect thereto. 

SECTION 12.10 Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and
their respective successors and assigns; provided, however, that the Borrower may not assign or transfer its rights or obligations hereunder or under any other Financing Document to which it is a party without the consent of all of the
Lenders. 
 SECTION 12.11 Successors and Assigns. 

(a) Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties
hereto and their respective successors and assigns permitted hereby, except that the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the Administrative Agent and each
Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of subsection (b) of this Section, (ii) by way of participation in
accordance with the provisions of subsection (d) of this Section, or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (f) of this Section (and any other attempted
assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to 

  
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confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in subsection (d) of this Section
and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

(b) Assignments by Lenders. Any Lender may at any time assign to one or more assignees all or a portion of its rights and obligations
under this Agreement (including all or a portion of its Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions: 

(i) Minimum Amounts. 

(A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Loans at the time owing to it or
contemporaneous assignments to related Approved Funds that equal at least the amount specified in paragraph (b)(i)(B) of this Section in the aggregate or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund,
no minimum amount need be assigned; and 
 (B) in any case not described in subsection (b)(i)(A) of this Section, the
principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade
Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $500,000 unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise
consents (each such consent not to be unreasonably withheld or delayed). 
 (ii) Proportionate Amounts. Each partial
assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loans assigned; 

(iii) Required Consents. No consent shall be required for any assignment except to the extent required by
subsection (b)(i)(B) of this Section and, in addition: 
 (A) the consent of the Borrower (such consent not to be
unreasonably withheld or delayed) shall be required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund;
provided that the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within ten (10) days after having received notice thereof; and provided,
further, that the Borrower’s consent shall not be required during the primary syndication of the credit facility provided herein; and 

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

  
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 (iv) Assignment and Assumption. The parties to each assignment shall
execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect
to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 

(v) No Assignment to Certain Persons. No such assignment shall be made (A) to the Borrower or any of the
Borrower’s Affiliates or Subsidiaries, or (B) to a natural Person. 
 Subject to acceptance and recording thereof by the Administrative Agent
pursuant to subsection (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such
Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under
this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits
of Sections 4.01, 4.02, 12.03 and 12.04 with respect to facts and circumstances occurring prior to the effective date of such assignment; Upon request, the Borrower (at its expense) shall execute and deliver a Note
to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in
such rights and obligations in accordance with subsection (d) of this Section. 
 (c) Register. The Administrative Agent,
acting solely for this purpose as an agent of the Borrower (and such agency being solely for tax purposes), shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it (or the equivalent thereof
in electronic form) and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts (and stated interest) of the Loans owing to, each Lender pursuant to the terms hereof from time to time
(the “Register”). The entries in the Register shall be conclusive absent manifest error, and the Borrower, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms
hereof as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by the Borrower and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 

(d) Participations. Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell
participations to any Person (other than a natural Person or the Borrower or any of the Borrower’s Affiliates or Subsidiaries) (each, a 

  
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“Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of the Loans owing to it); provided
that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrower, the
Administrative Agent, the Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. For the avoidance of doubt, each Lender shall be responsible for
indemnifications owed to the Administrative Agent without regard to the existence of any participation. 
 Any agreement or instrument
pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that
such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, waiver or other modification described in the first proviso to Section 12.01 that affects such
Participant. The Borrower agrees that each Participant shall be entitled to the benefits of Sections 4.01 and 4.02 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to subsection
(b) of this Section (it being understood that the documentation required under Section 4.02(e) shall be delivered to the Lender who sells the participation) to the same extent as if it were a Lender and had acquired its interest
by assignment pursuant to paragraph (b) of this Section; provided that such Participant (A) agrees to be subject to the provisions of Section 4.06 as if it were an assignee under paragraph (b) of this Section and
(B) shall not be entitled to receive any greater payment under Sections 4.01 or 4.02, with respect to any participation, than the Lender from whom it acquired the applicable participation would have been entitled to receive,
except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable participation. Each Lender that sells a participation agrees, at the Borrower’s request
and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of Section 4.06 with respect to any Participant. To the extent permitted by law, each Participant also shall be entitled to the benefits
of Section 4.05 as though it were a Lender; provided that such Participant agrees to be subject to Section 4.04 as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose
as an agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under the Financing
Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a
Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Financing Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of
credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person
whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as
Administrative Agent) shall have no responsibility for maintaining a Participant Register. 

  
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 (e) Certain Pledges. Any Lender may at any time pledge or assign a security interest in
all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or
assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(f) Notwithstanding anything to the contrary contained herein, any Lender (a “Granting Lender”) may grant to a special
purpose funding vehicle that is an Affiliate of such Lender (an “SPC”), and identified as such in writing by the Granting Lender to the Administrative Agent and the Borrower, the option to provide to the Borrower all or any part of
any Loan that such Granting Lender would otherwise be obligated to make to the Borrower pursuant to this Agreement; provided that (i) nothing herein shall constitute a commitment by any SPC to make any Loan and (ii) if an SPC elects
not to exercise such option or otherwise fails to provide all or any part of such Loan, the Granting Lender shall be obligated to make such Loan pursuant to the terms hereof. The making of a Loan by an SPC hereunder shall utilize the Term Loan
Commitment of the Granting Lender to the same extent, and as if, such Loan were made by such Granting Lender. Each party hereto hereby agrees that no SPC shall be liable for any indemnity or similar payment obligation under this Agreement (all
liability for which shall remain with the Granting Lender). In furtherance of the foregoing, each party hereto hereby agrees (which agreement shall survive the termination of this Agreement) that, prior to the date that is one year and one day after
the payment in full of all outstanding commercial paper or other senior indebtedness of any SPC, it will not institute against, or join any other person in instituting against, such SPC any bankruptcy, reorganization, arrangement, insolvency or
liquidation proceedings under the laws of the United States or any State thereof. In addition, notwithstanding anything to the contrary contained in this clause (i), any SPC may (i) with notice to, but without the prior written
consent of, the Borrower and the Administrative Agent and without paying any processing fee therefor, assign all or a portion of its interests in any Loans to the Granting Lender or to any financial institutions (consented to by the Borrower and the
Administrative Agent) providing liquidity and/or credit support to or for the account of such SPC to support the funding or maintenance of Loans and (ii) disclose on a confidential basis any non-public information relating to its Loans to any
rating agency, commercial paper dealer or provider of any surety, guarantee or credit or liquidity enhancement to such SPC. This Section 12.11 may not be amended without the written consent of the SPC. The Borrower acknowledges and
agrees that each SPC shall be entitled to the benefits of Sections 4.02, 4.04, 4.05 12.03 or 12.04 to the same extent as if it were a Lender, provided that any such SPC shall not be entitled to receive any
greater payment under Sections 4.02, 12.03 or 12.04 than the applicable Lender would have been entitled to receive with respect to the Loans granted to such SPC. 

(g) Notwithstanding the foregoing, no assignment may be made and no participation may be sold to an Ineligible Assignee. 

(h) Should any Lender request compensation under Section 4.02(a)(i) or indemnification under Section 4.02(d), (an
“Affected Lender”), at the request of any Lender other than the Affected Lender, the Administrative Agent shall cooperate with the Borrower and such Lender to replace such Affected Lender with another Person that shall be acceptable
to the Borrower and such Lender and that shall be willing to assume the Affected Lender’s obligations 

  
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under this Agreement at par (including accrued interest and other Obligations owed to such Lender). Subject to the provisions of the next following sentence, such Person shall be substituted for
the Affected Lender hereunder upon execution and delivery to the Administrative Agent of an agreement acceptable to the Borrower and the Administrative Agent by such Person assuming the Affected Lender’s obligations under this Agreement and the
payment to the Affected Lender of all principal, accrued interest and other amounts owing to such Lender hereunder, and all principal and interest that would otherwise have been payable to the Affected Lender shall thereafter be payable to such
Person. Nothing in (and no action taken pursuant to) this clause (k) shall relieve the Affected Lender from any liability it might have to the Borrower, to the Administrative Agent or to the other Lenders hereunder accruing prior to the
assignment of the Affected Lender’s Loans hereunder. 
 SECTION 12.12 Non-Recourse Parties. 

(a) Each Secured Party, whether as a party hereto or by its acceptance of the benefits hereof, acknowledges and agrees that the obligations of
the Borrower under this Agreement and the other Financing Documents, including with respect to the payment of the principal of, or interest on any Obligations, or any part thereof, or for any claim based thereon or otherwise in respect thereof or
related thereto, are obligations solely of the Borrower and shall be satisfied solely from the Collateral and the assets of the Borrower and shall not constitute a debt or obligation of any of the Affiliates of the Borrower (other than with respect
to their obligations in connection with the Pledge Agreement), nor of any past, present or future officers, directors, managers, employees, members, shareholders, agents, attorneys or representatives of such parties and their respective Affiliates
(collectively, the “Non-Recourse Parties”). 
 (b) Each Secured Party that is a party hereto acknowledges and agrees that
the Non-Recourse Parties shall not be liable for any amount payable under this Agreement or any Financing Document, and no Secured Party shall seek a money judgment or deficiency or personal judgment against any Non-Recourse Party for payment or
performance of any obligation of the Borrower under this Agreement or other Financing Documents; provided that the foregoing provisions of this Section 12.12 shall not (i) constitute a waiver, release or discharge of any of
the Obligations, or of any of the terms, covenants, conditions, or provisions of this Agreement or any other Financing Document and the same shall continue (but without personal liability to the Non-Recourse Parties) until fully paid, discharged,
observed, or performed; or (ii) limit or restrict the right of the Administrative Agent, the Collateral Agent or any other Secured Party to name the Borrower or any other Person as a defendant in any action or suit for a judicial foreclosure or
for the exercise of any other remedy under or with respect to this Agreement or any Financing Document, or for injunctive relief or specific performance, so long as no judgment in the nature of a deficiency judgment shall be enforced against any
Non-Recourse Party, except as set forth in this Section 12.12. 
 (c) The acknowledgments, agreements and waivers set out in
this Section 12.12 shall survive termination of this Agreement and be enforceable by any Non-Recourse Party and are a material inducement for the execution of this Agreement and the other Financing Documents by the Borrower. 

  
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 SECTION 12.13 Other Transactions. Nothing contained herein shall preclude the
Administrative Agent or any other Lender from engaging in any transaction, in addition to those contemplated by the Financing Documents, with the Borrower or any of its Affiliates that is not otherwise prohibited under this Agreement. 

SECTION 12.14 Independence of Covenants and Default Provisions. All covenants and default provisions contained in this Agreement or any
other Financing Document shall be given independent effect such that, in the event a particular action or condition is not permitted by any of such covenants or default provisions, the fact that it would be permitted by an exception to, or be
otherwise within the limitations of, another covenant or default provision shall not, unless expressly so provided in such first covenant or default provision, avoid the occurrence of a Default if such action is taken or such condition exists. 

SECTION 12.15 Confidentiality. 

(a) Subject to the provisions of clauses (b) and (c) of this Section 12.15, each Lender agrees that it
will not disclose without the prior consent of the Borrower (other than to its officers, directors, employees, auditors, advisors or counsel if the Lender or such Lender’s holding or parent company in its sole discretion determines that any
such party should have access to such information, provided such Persons shall be subject to the provisions of this Section 12.15 to the same extent as such Lender) any information that is now or in the future furnished pursuant
to this Agreement or any other Financing Document, provided that any Lender may disclose any such information (i) as has become generally available to the public other than by virtue of a breach of this clause (a) by the
respective Lender or any other Person to whom such Lender has provided such information as permitted by this Section 12.15, (ii) as may be required or appropriate in any report, statement or testimony submitted to any foreign,
municipal, state or Federal regulatory body having or claiming to have jurisdiction over such Lender or its holding or parent company or to the Federal Reserve Board or the Deposit Insurance Corporation (whether in the United States or elsewhere) or
their successors, (iii) as may be required or appropriate in respect to any summons or subpoena or in connection with any litigation, (iv) in order to comply with any law, order, regulation or ruling applicable to such Lender, (v) to
the Administrative Agent, (vi) to any pledgee referred to in clause (j) of Section 12.11 or any prospective or actual transferee or participant in connection with any contemplated transfer or participation of any of the
Term Loan Notes or any interest therein by such Lender, provided that such prospective transferee agrees to be bound by the confidentiality provisions contained in this Section 12.15, and (vii) to any direct or indirect
contractual counterparty in swap agreements or such contractual counterparty’s professional advisors (so long as such contractual counterparty or professional advisor to such contractual counterparty agrees to be bound by the provisions of this
Section 12.15); provided, however, with respect to clauses (iii) and (iv) of this Section 12.15(a), that if any Lender is requested in any legal proceeding (including, without limitation,
by interrogatories, requests for information or documents, subpoena, criminal or civil investigative demand or similar process) to disclose any such information to anyone, such Lender will, to the extent permitted by law, rule, and regulation,
provide the Borrower with prompt written notice so that the Borrower may seek, at the Borrower’s expense, a protective order or other appropriate remedy or waive compliance under this Section 12.15(a). If such protective order or
other remedy is not obtained, or if the Borrower waives compliance with this Section 12.15(a), such Lender may disclose such information 

  
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without liability hereunder, provided that such Lender furnishes only that portion of the information which in the judgment of its counsel (which may be Lender’s in-house legal department)
is legally required and will exercise its commercially reasonable efforts to obtain reliable assurance that confidential treatment will be accorded to such information. 

Notwithstanding anything to the contrary contained in this Section 12.15, Lender and its officers, directors, employees, auditors, advisors or
counsel may disclose information to any governmental agency, regulatory authority or self-regulatory authority (including, without limitation, bank and securities examiners) having or claiming to have authority to regulate or oversee any aspect of
Lender’s business or that of its Affiliates in connection with the exercise of such authority or claimed authority without notice to the Borrower so long as such order or request for disclosure does not specifically reference the Borrower, the
Financing Documents or the assets underlying the Financing Documents. 
 (b) The Borrower hereby acknowledges and agrees that each Lender
may share with any of its Affiliates, and such Affiliates may share with such Lender, any information related to the Borrower or any of its Subsidiaries, provided such Persons shall be subject to the provisions of this
Section 12.15 to the same extent as such Lender. 
 (c) Notwithstanding the foregoing, the parties (and each employee,
representative, or other agent of the parties) may disclose to any and all persons of any kind, the Tax treatment and any facts that may be relevant to the Tax structure of the transaction, provided, however, that no party (and no
employee, representative, or other agent thereof) shall disclose any other information that is not relevant to understanding the Tax treatment and Tax structure of the transaction (including the identity of any party and any information that could
lead another to determine the identity of any party), or any other information to the extent that such disclosure could reasonably result in a violation of any applicable securities law. 

SECTION 12.16 Jurisdiction; etc. 

(a) Each of the parties hereto hereby irrevocably and unconditionally submits, for itself and its property, to the non-exclusive jurisdiction
of any New York State court or Federal court of the United States sitting in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or any of the other Financing Documents to
which it is a party, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in any such
New York State court or, to the fullest extent permitted by law, in such Federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit
on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that any Credit Party may otherwise have to bring any action or proceeding relating to this Agreement or any of the other Financing Documents in
the courts of any jurisdiction. 
 (b) Each of the parties hereto irrevocably and unconditionally waives, to the fullest extent it may
legally and effectively do so, any objection that it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or 

  
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any of the other Financing Documents to which it is a party in any New York State or Federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law,
the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 
 (c) The Borrower shall
(i) irrevocably appoint Corporation Service Company with offices on the date hereof at 1180 Avenue of the Americas, Suite 210, New York, NY 10036-8401, as its agent to receive on behalf of the Borrower and its property service of copies of the
summons and complaint and any other process that may be served in any such action or proceeding, and (ii) give notice of such appointment and the acceptance thereof to the Lenders. Such service may be made by mailing or delivering a copy of
such process to the Borrower in care of Corporation Service Company at Corporation Service Company’s above address, and the Borrower hereby irrevocably authorizes and directs Corporation Service Company to accept such service on its behalf. If
for any reason Corporation Service Company shall cease to act as such for the Borrower, the Borrower hereby agrees to designate a new agent in New York City on the terms and for the purposes of this Section 12.16 reasonably satisfactory
to the Administrative Agent. Such service may be made by mailing or delivering a copy of such process to the Borrower in care of Corporation Service Company or such agent at its address, and the Borrower hereby irrevocably authorizes and directs
Corporation Service Company or such other agent to accept such service on its behalf (provided that such documentation shall also be delivered to the Borrower at its then effective notice address pursuant to Section 12.02. Nothing
in this Agreement shall affect any right that any party may otherwise have to bring any action or proceeding relating to this Agreement or any of the other Financing Documents in the courts of any jurisdiction. As an alternative method of service,
the Borrower also irrevocably consents to the service of any and all process in any such action or proceeding by the mailing of copies of such process to the Borrower at the address specified pursuant to Section 12.02. 

SECTION 12.17 Waiver of Jury Trial. THE ADMINISTRATIVE AGENT, EACH LENDER AND THE BORROWER HEREBY KNOWINGLY, VOLUNTARILY AND
INTENTIONALLY WAIVE TO THE FULLEST EXTENT PERMITTED BY LAW ANY RIGHTS THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, EACH FINANCING DOCUMENT, OR ANY COURSE OF CONDUCT,
COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN) OR ACTIONS OF THE ADMINISTRATIVE AGENT, SUCH LENDER OR THE BORROWER IN CONNECTION THEREWITH. THE BORROWER ACKNOWLEDGES AND AGREES THAT IT HAS RECEIVED FULL AND SUFFICIENT CONSIDERATION FOR THIS
PROVISION (AND EACH OTHER PROVISION OF EACH OTHER FINANCING DOCUMENT TO WHICH IT IS A PARTY) AND THAT THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE ADMINISTRATIVE AGENT AND EACH LENDER ENTERING INTO THE FINANCING DOCUMENTS. 

SECTION 12.18 Collateral Agent. Each Lender and, by its acceptance of the benefits of the Security Documents, each other Secured Party
acknowledges the rights of, limitations of duty and other provisions with respect to the Collateral Agent set forth in Section 6.06 of the Security Agreement, and the Collateral Agent shall be entitled to the rights, protections, immunities and
indemnities set forth in the Security Agreement as if specifically set forth herein. 

  
 78 

 SECTION 12.19 Electronic Execution of Assignments and Certain Other Documents. The words
“execute,” “execution,” “signed,” “signature,” and words of like import in or related to any document to be signed in connection with this Agreement and the transactions contemplated hereby (including without
limitation Assignment and Assumptions, amendments or other modifications, waivers and consents) shall be deemed to include electronic signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved by
the Administrative Agent, or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may
be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the
Uniform Electronic Transactions Act; provided that notwithstanding anything contained herein to the contrary the Administrative Agent is under no obligation to agree to accept electronic signatures in any form or in any format unless
expressly agreed to by the Administrative Agent pursuant to procedures approved by it. 
 SECTION 12.20 Patriot Act. Each Lender that
is subject to the Act (as hereinafter defined) and the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies the Borrower that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into
law October 26, 2001)) (the “Act”), it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such
Lender or the Administrative Agent, as applicable, to identify the Borrower in accordance with the Act. The Borrower shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that
the Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Act. 

[SIGNATURE PAGES FOLLOW] 

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

			
	HA WIND I LLC,
	as the Borrower
		
	By:		 /s/ Jeffrey W. Eckel

	Name:		Jeffrey W. Eckel
	Title:		President

  

					
			S-1		Credit Agreement

 
			
	BANK OF AMERICA, N.A.,
	as Collateral Agent
		
	By:		 /s/ Maria A. McClain

	Name:		Maria A. McClain
	Title:		Vice President

  

					
			S-2		Credit Agreement

 
			
	BANK OF AMERICA, N.A.,
	as Administrative Agent
		
	By:		 /s/ Maria A. McClain

	Name:		Maria A. McClain
	Title:		Vice President

  

					
			S-3		Credit Agreement

 
			
	BANK OF AMERICA, N.A.,
	as Lender
		
	By:		 /s/ Sheikh Omer-Farooq

	Name:		Sheikh Omer-Farooq
	Title:		Director

  

					
			S-4		Credit Agreement

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