Document:

Exhibit 10.3

 Exhibit 10.3 

SERIES B WARRANT AGREEMENT 

THIS SERIES B WARRANT AGREEMENT (“Agreement”) dated as of February 9, 2018 is between Ditech Holding Corporation (f/k/a
Walter Investment Management Corp.), a Maryland corporation, (“Company”), and Computershare Inc., a Delaware corporation, and its wholly-owned subsidiary, Computershare Trust Company, N.A., a federally chartered trust company
(collectively the “Warrant Agent”). 
 WHEREAS, the Company has filed a voluntary petition for relief under chapter 11 of
the United States Code in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court) to pursue a Chapter 11 Plan (as amended from time to time, the “Plan”), which Plan was approved
by the Bankruptcy Court on January 18, 2018 and provides, among other things, that the Company shall issue the holders of Convertible Notes and the Existing Shareholders (each as defined in the Plan) Warrants (the “Warrants”),
entitling the holders thereof or their registered permitted assigns to purchase shares of the Company’s Common Stock, par value $0.01 per share (the “Common Stock”); 

WHEREAS, the Company has engaged the Warrant Agent to act on behalf of the Company and the Warrant Agent is willing to so act, in connection
with the issuance, registration, transfer, exchange and exercise of the Warrants; and 
 WHEREAS, the Company desires to provide for the
form and provisions of the Warrants, the terms upon which they shall be issued and exercised, and the respective rights, limitation of rights, and immunities of the Company, the Warrant Agent, and the holders of the Warrants. 

NOW, THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows: 

1. Appointment of Warrant Agent. The Company hereby appoints the Warrant Agent to act as agent for the Company for the Warrants, and the Warrant Agent
hereby accepts such appointment and agrees to perform the same in accordance with the express terms and conditions set forth in this Agreement. 
 2.
Warrants. 
 2.1. Issuance of Warrant. On the Effective Date (as defined in the Plan) or a date that is as soon as reasonably
practicable after the Effective Date, the Warrants shall be issued by the Company in the amounts and to the recipients specified in the Plan. Each Warrant entitles the registered holder, upon proper exercise during the Exercise Period and payment of
the Exercise Price, to receive from the Company, subject to the adjustments provided in Section 4 hereof, one share of Common Stock at the Exercise Price. 

2.2. Form of Warrant. The Warrants shall be issued in the form of (i) one or more global warrant certificates (the “Global
Warrant Certificates”) substantially in the form of Exhibit A-1 and/or (ii) in the form of book-entry registration on the books and records of the Warrant Agent (“Direct
Registration Warrants”) reflected on statements issued by the Warrant Agent from time to time to the holders thereof reflecting such book entry position (the “Warrant Statements”); provided that any Direct
Registration Warrants that are not subject to any vesting 

 
requirements or transfer restrictions under applicable securities laws may be exchanged at any time for a beneficial interest in a Global Warrant Certificate representing a corresponding number
of Warrants, in accordance with Section 5.4 hereof and the applicable procedures of The Depository Trust Company or any successor thereof (the “Depository”) and the Warrant Agent. The Company shall cause to be issued to the
Depository or any successor thereof (the “Depository”) one or more Global Warrant Certificates evidencing Warrants that are not Direct Registration Warrants. The Global Warrant Certificates and Warrant Statements may bear such
appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Agreement, and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be
required to comply with the rules and regulations of the Depository in the case of the Global Warrant Certificates, with any law or with any rules made pursuant thereto or with any rules of any securities exchange or as may be determined,
consistently herewith and reasonably acceptable to the Warrant Agent, by (i) in the case of Global Warrant Certificates, the Appropriate Officers executing such Global Warrant Certificates, as evidenced by their execution of the Global Warrant
Certificates and (ii) in the case of Warrant Statements, any Appropriate Officer. 
 2.3. Execution of Warrants. Global Warrant
Certificates shall be signed by, or bear the facsimile signature of, the Chairman of the Board, Chief, Executive Officer, President, Chief Financial Officer, Treasurer or any Vice President (or higher or equivalent officer) (“Appropriate
Officer”) of the Company. In the event the person whose facsimile signature has been placed upon any Warrant shall have ceased to serve in the capacity in which such person signed the Warrant before such Warrant is issued, it may be issued
with the same effect as if he or she had not ceased to be such at the date of issuance. 
 2.4. Effect of Countersignature. Except
with respect to Direct Registration Warrants, unless and until a Global Warrant Certificate is countersigned by the Warrant Agent pursuant to this Agreement, any Warrants represented thereby shall be invalid and of no effect and may not be exercised
by the holder thereof. 
 2.5. Registration. 

2.5.1. Warrant Register. The Warrant Agent shall maintain books (“Warrant Register”) in which it shall register any
Global Warrant Certificates or Direct Registration Warrants and exchanges and transfers of outstanding Warrants in accordance with the procedures set forth in Section 5 hereof. Prior to due presentment for registration of
transfer or exchange of any Warrant, the Company and the Warrant Agent may deem and treat the person in whose name such Warrant is then registered in the Warrant Register (“registered holder”) as the absolute owner of such Warrant
and of each Warrant represented thereby (notwithstanding any notation of ownership or other writing on a Global Warrant Certificate made by anyone other than the Company or the Warrant Agent), for the purpose of any exercise thereof, and for all
other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. 
 3. Terms and Exercise of Warrants

 3.1. Exercise Price. On the Effective Date (or upon the date of issuance of the Warrants if issued after the Effective Date), the
exercise price for the Warrants shall be $28.25 per share of Common Stock (subject to adjustments pursuant to Section 4 hereof, the “Exercise Price”). 

  
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 3.2. Duration of Warrants. A Warrant may be exercised only during the period
(“Exercise Period”) commencing February 9, 2018 and ending on February 9, 2028 (“Expiration Date”). Each Warrant that is not exercised on or before the Expiration Date shall become void, and all rights thereunder
and all rights in respect thereof under this Agreement shall cease at the close of business on the Expiration Date. 
 3.3. Exercise of
Warrants. 
 3.3.1. Manner of Exercise; Payment. All or any of the Warrants represented by a Global Warrant Certificate or in the
form of Direct Registration Warrants may be exercised during the Exercise Period by the registered holder thereof during normal business hours on any Business Day, by delivering (A) written notice of such election (“Warrant Exercise
Notice”) to exercise the Warrants to the Company and the Warrant Agent at the addresses set forth in Section 8 hereof no later than 5:00 p.m., New York City time, on the Expiration Date, which Warrant Exercise
Notice shall be (i) substantially in the form set forth in Exhibit A-2 in the case of Warrants represented by a Global Warrant Certificate and (ii) substantially in the form set forth in
Exhibit A-3 in the case of Direct Registration Warrants; and (B) if such Warrants are represented by a Global Warrant Certificate, by no later than 5:00 p.m., New York City time, on the Business
Day immediately prior to the date that is three Business Days after a Warrant Exercise Notice is delivered, such Warrants to the Warrant Agent (by book-entry transfer through the facilities of the Depository). The documents referred to in clauses
(A) and (B) of the immediately preceding sentence shall be accompanied by payment in full of the Exercise Price together with any applicable taxes and governmental charges for each Warrant being exercised as follows: 

(a) by bank wire transfer in immediately available funds to the order of the Warrant Agent; or 

(b) on a cashless basis, by surrendering the Warrants for that number of shares of Common Stock equal to the quotient obtained
by dividing (x) the product of the number of shares of Common Stock underlying the Warrants, multiplied by the Fair Market Value (as defined below) less the Exercise Price by (y) the Fair Market Value (the “Cashless Exercise
Ratio”). 
 “Fair Market Value” shall mean: 

(i) if the Common Stock is traded on a securities exchange, the value shall be deemed to be an amount equal to the sum of 1/30th of the Volume Weighted Average Price (defined below) of the Common Stock for each of the thirty (30) trading days preceding the date on which the exercise form is submitted in connection with
the exercise of the Warrant; 

  
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 (ii) if the Common Stock is actively traded over-the-counter, the value shall be deemed to be the closing bid prior to the exercise form being submitted in connection with the exercise of the Warrant; or 

(iii) if there is no active public market at the time the exercise form is submitted in connection with the exercise of the
Warrant (as is reasonably determined in good faith by the Company’s Board of Directors), the value shall be the fair market value thereof, as determined in good faith by the Company’s Board of Directors. 

“Volume Weighted Average Price” per share of Common Stock on any trading day means the per share volume-weighted average price
on The New York Stock Exchange as displayed under the heading “Bloomberg VWAP” on Bloomberg page “LEE<equity>VAP” (or any successor page thereto) in respect of the period from the scheduled open of trading until the
scheduled close of trading on the primary trading session on such trading day and will be determined without regard to after-hours trading or any other trading outside of the regular trading session. 

The company shall calculate and transmit to the Warrant Agent, and the Warrant Agent shall have no obligation under this Agreement to
calculate, the Cashless Exercise Ratio. The number of shares of Common Stock to be issued on such exercise will be determined by the Company (with written notice thereof to the Warrant Agent) using the formula set forth in
Section 3.3.1(b), the Warrant Agent shall have no duty or obligation to investigate or confirm whether the Company’s determination of the number of shares of Common Stock to be issued on such exercise, pursuant to
this Section 3.3.1, is accurate or correct. 
 All funds received by the Warrant Agent under this Agreement that
are to be distributed or applied by the Warrant Agent in the performance of the services hereunder (the “Funds”) shall be held by the Warrant Agent for the benefit of the Company, as agent for the Company and deposited in one or
more bank accounts to be maintained by the Warrant Agent for the benefit of the Company, in its name as agent for the Company. Until paid pursuant to the terms of this Agreement, the Warrant Agent will hold the Funds through such accounts in:
deposit accounts of commercial banks with Tier 1 capital exceeding $1 billion or with an average rating above investment grade by S&P (LT Local Issuer Credit Rating), Moody’s (Long Term Rating) and Fitch Ratings, Inc. (LT Issuer
Default Rating) (each as reported by Bloomberg Finance L.P.). The Warrant Agent shall have no responsibility or liability for any diminution of the Funds that may result from any deposit made by the Warrant Agent in accordance with this paragraph,
including any losses resulting from a default by any bank, financial institution or other third party. The Warrant Agent may from time to time receive interest, dividends or other earnings in connection with such deposits. The Warrant Agent shall
not be obligated to pay such interest, dividends or earnings to the Company. 
 The Warrant Agent shall forward funds received for warrant
exercises as promptly as practicable after receipt thereof and in any event not later than the fifth business day of the following month by bank wire transfer to an account designated by the Company. 

  
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 3.3.2. Cost Basis Information. In the event of a cash exercise, the Company hereby
instructs the Warrant Agent to record cost basis for newly issued shares as reasonably determined by the Company prior to processing. In the event of a cashless exercise, the Company shall provide cost basis for shares issued pursuant to a cashless
exercise at the time the Company provides the Cashless Exercise Ratio to the Warrant Agent pursuant to Section 3.3.1 
 3.3.3.
Issuance of shares of Common Stock. As soon as practicable after the exercise of any Warrant and the clearance of the funds in payment of the Exercise Price (if any), the Company shall issue to the registered holder of such Warrant the number
of shares of Common Stock to which he, she or it is entitled, registered in such name or names as may be directed by him, her or it (or, if such Common Stock is then issued in book-entry form only, registered on the books and records of the
registrar and transfer agent therefor in such name or names as may be directed by him, her or it). Notwithstanding the foregoing, in no event will the Company be required to net cash settle the Warrant exercise. If fewer than all of the Warrants
evidenced by a Global Warrant Certificate surrendered upon the exercise of Warrants are exercised at any time prior to the Expiration Date, the Warrant Agent shall cause a notation to be made to the records maintained by the Depository. 

3.3.4. Valid Issuance. All shares of Common Stock issued upon the proper exercise of a Warrant in conformity with this Agreement shall
be validly issued, fully paid and nonassessable. 
 3.3.5. Date of Issuance. Each person in whose name any such shares of Common Stock
are issued shall for all purposes be deemed to have become the holder of record of such shares on the date on which the Warrant was surrendered and payment of the Exercise Price was made, irrespective of the date of issuance of the shares of Common
Stock in respect thereof, except that, if the date of such surrender and payment is a date when the share transfer books of the Company are closed, such person shall be deemed to have become the holder of such shares at the close of business on the
next succeeding date on which the share transfer books are open. 
 4. Adjustments. 

4.1. Stock Dividends; Stock Split. If after the date hereof, the number of outstanding shares of Common Stock is increased by a stock
dividend payable in shares of Common Stock, or by a stock split of shares of Common Stock, or other similar event, then, on the effective date of such stock dividend, split up or similar event, the number of shares of Common Stock issuable on
exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Common Stock. 
 4.2. Aggregation of
Shares. If after the date hereof, the number of outstanding shares of Common Stock is decreased by a consolidation, combination, reverse stock split or reclassification of shares of Common Stock or other similar event, then, on the effective
date of such consolidation, combination, reverse stock split, reclassification or similar event, the number of shares of Common Stock issuable on exercise of each Warrant shall be decreased in proportion to such decrease in outstanding shares of
Common Stock. 

  
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 4.3. Adjustments in Exercise Price. Whenever the number of shares of Common Stock
purchasable upon the exercise of the Warrants is adjusted, as provided in Sections 4.1 and 4.2 above, the Exercise Price shall be adjusted (to the nearest cent) by multiplying such Exercise Price
immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of
which shall be the number of shares of Common Stock so purchasable immediately thereafter. 
 4.4. Replacement of Securities upon
Reorganization, etc. In case of any reclassification or reorganization of the outstanding shares of Common Stock (other than a change covered by Sections 4.1 or 4.2 hereof or that solely affects the par value of
the Common Stock), or in the case of any merger or consolidation of the Company with or into another corporation (other than a consolidation or merger in which the Company is the continuing corporation and that does not result in any
reclassification or reorganization of the outstanding Common Stock), or in the case of any sale or conveyance to another corporation or entity of the assets or other property of the Company as an entirety or substantially as an entirety in
connection with which the Company is dissolved, the Warrant holders shall thereafter have the right to purchase and receive, upon the basis and upon the terms and conditions specified in the Warrants and in lieu of the shares of Common Stock of the
Company immediately theretofore purchasable and receivable upon the exercise of the rights represented thereby, the kind and amount of shares of stock or other securities or property (including cash) receivable upon such reclassification,
reorganization, merger or consolidation, or upon a dissolution following any such sale or transfer, that the Warrant holder would have received if such Warrant holder had exercised his, her or its Warrant(s) immediately prior to such event; and if
any reclassification also results in a change in the Common Stock covered by Sections 4.1 or 4.2, then such adjustment shall be made pursuant to Sections 4.1, 4.2, 4.3 and this
Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. 

4.5. Notices of Changes in Warrant. Upon every adjustment of the Exercise Price or the number of shares issuable upon exercise of a
Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Exercise Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the
exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Upon the occurrence of any event specified in Sections 4.1, 4.2, 4.3, or
4.4, then, in any such event, the Company shall give written notice to each Warrant holder, at the last address set forth for such holder in the Warrant Register, of the record date or the effective date of the event. Failure to give such
notice, or any defect therein, shall not affect the legality or validity of such event. The Warrant Agent shall have no obligation under any section of this Agreement to determine whether an adjustment event has occurred or to calculate any of the
adjustments set forth herein. 
 4.6. No Fractional Warrants or Shares. No fractional Warrants will be issued hereunder. Additionally,
notwithstanding any provision contained in this Agreement to the contrary, the Company shall not issue fractional shares upon exercise of Warrants. If, by reason of any adjustment made pursuant to this Section 4, the holder
of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up to the nearest whole number of shares of Common Stock to be issued to the Warrant
holder. 

  
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 4.7. No Change in Warrant Terms on Adjustment. Irrespective of any adjustments pursuant to
this Section 4, Warrants theretofore or thereafter issued may continue to express the same prices and number of Common Stock issuable upon exercise as are stated in the similar Warrants issuable initially, or at some
subsequent time, pursuant to this Agreement, and the Exercise Price and such number of Common Stock issuable upon exercise specified thereon shall be deemed to have been so adjusted. 

4.8. Other Events. In case any event shall occur affecting the Company as to which none of the provisions of preceding subsections of
this Section 4 are strictly applicable, but which would require an adjustment to the terms of the Warrants in order to (i) avoid an adverse impact on the Warrants and (ii) effectuate the intent and purpose of this
Section 4, then, in each such case, the Company shall appoint a firm of independent public accountants, investment banking or other appraisal firm of recognized national standing, which shall give its good faith opinion as
to whether or not any adjustment to the rights represented by the Warrants is necessary to effectuate the intent and purpose of this Section 4 and, if they determine that an adjustment is necessary, the terms of such
adjustment; provided, however, that under no circumstances shall the Warrants be adjusted pursuant to this Section 4 as a result of any issuances of securities in connection with a merger, share exchange, asset acquisition, stock
purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The Company shall adjust the terms of the Warrants in a manner that is consistent with any adjustment recommended in such
opinion. 
 5. Transfer and Exchange of Warrants. 

5.1. Transfer and Exchange of Global Warrant Certificates or Beneficial Interests Therein. The transfer and exchange of Global Warrant
Certificates or beneficial interests therein shall be effected through the Depository, in accordance with the terms of this Agreement and the procedures of the Depository. 

5.2. Exchange of a Beneficial Interest in a Global Warrant Certificate for a Direct Registration Warrant. Any registered holder of a
beneficial interest in any whole number of Warrants represented by a Global Warrant Certificate may, upon request, exchange such beneficial interest for a Direct Registration Warrant. Upon receipt by the Warrant Agent from the Depository or its
nominee of written instructions or such other form of instructions as is customary for the Depository on behalf of any Person having a beneficial interest in a Global Warrant Certificate, and all other necessary information, the Warrant Agent shall
cause, in accordance with the standing instructions and procedures existing between the Depository and the Warrant Agent, the number of Warrants represented by the Global Warrant Certificate to be reduced by the number of Warrants to be represented
by a Direct Registration Warrant, as the case may be, to be issued in exchange for the beneficial interest of such Person in the Global Warrant Certificate and, following such reduction, the Warrant Agent shall register such Direct Registration
Warrants in accordance with such written instructions and deliver to such holder a Warrant Statement. 

  
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 5.3. Transfer and Exchange of Direct Registration Warrants. The transfer and exchange of
Direct Registration Warrants shall be effected in accordance with the terms of this Agreement and the procedures of the Warrant Agent, and the Warrant Agent shall register the transfer or make the exchange as requested if (x) its customary
requirements for such transactions are met and (y) such transfer or exchange otherwise is not prohibited by this Agreement; provided, however, that the Warrant Agent has received a written instruction of transfer or exchange, as
applicable, including a completed form of assignment substantially in the form attached as Exhibit B hereto duly signed by the registered holder thereof or by the duly appointed legal representative thereof or by his attorney, duly authorized
in writing, such signature to be guaranteed by a participant in a Medallion Signature Guarantee Program at a guarantee level acceptable to the Warrant Agent. Upon any such registration of transfer, a new Warrant Statement shall be issued to the
transferee 
 5.4. Restrictions on Transfer and Exchange of Direct Registration Warrants for a Beneficial Interest in a Global Warrant
Certificate. A Direct Registration Warrant may not be exchanged for a beneficial interest in a Global Warrant Certificate except upon satisfaction of the requirements set forth below, and provided that any such Warrants exchanged shall not be
subject to any vesting requirements or transfer restrictions under applicable securities laws. Upon receipt by the Warrant Agent of appropriate instruments of transfer with respect to a Direct Registration Warrant, in form satisfactory to the
Warrant Agent, together with written instructions directing the Warrant Agent to make, or to direct the Depository to make, an endorsement on the Global Warrant Certificate to reflect an increase in the number of Warrants represented by the Global
Warrant Certificate equal to the number of Warrants represented by such Direct Registration Warrant, and all other necessary information, then the Warrant Agent shall cancel such Direct Registration Warrant on the Warrant Register and cause, or
direct the Depository to cause, in accordance with the standing instructions and procedures existing between the Depository and the Warrant Agent, the number of Warrants represented by the Global Warrant Certificate to be increased accordingly, and
shall cause such Warrants to be credited to the account of the transferee at the Depository designated pursuant to the foregoing instructions. If no Global Warrant Certificates are then outstanding, the Company shall issue and the Warrant Agent
shall either manually or by facsimile countersign a new Global Warrant Certificate representing the appropriate number of Warrants. 
 5.5.
Restrictions on Transfer and Exchange of Global Warrant Certificates. Notwithstanding any other provisions of this Agreement (other than the provision set forth in Section 5.6), a Global Warrant Certificate may not be transferred as a
whole except by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any such nominee to a successor Depository or a nominee of such successor
Depository. 
 5.6. Cancellation of Global Warrant Certificates and Direct Registration Warrants. At such time as all beneficial
interests in Global Warrant Certificates and Direct Registration Warrants have been exchanged for Common Stock in accordance herewith, redeemed, repurchased or cancelled, all Global Warrant Certificates shall be returned to, or cancelled and
retained pursuant to applicable law by, the Company, upon written instructions from the Company reasonably satisfactory to the Warrant Agent. 

  
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 The Global Warrant Certificates, and all beneficial interests therein, will be exchanged by the
Company for Direct Registration Warrant if the Company delivers to the Warrant Agent notice from the Depository that it is unwilling or unable to continue to act as Depository or that it is no longer a clearing agency registered under the Securities
Exchange Act of 1934, as amended, and, in either case, a successor Depository is not appointed by the Company within one hundred and twenty (120) days after the date of such notice from the Note Depository. Upon the occurrence of the event
described in the preceding sentence, the Warrant Agent shall cancel the affected Global Warrant Certificates, and the Warrant Agent shall issue Direct Registration Warrants in such names as the Depository shall instruct the Warrant Agent and new
Warrant Statements to any holder of beneficial interests in the Global Warrant Certificates so cancelled. 
 5.7. Obligations with Respect
to Transfers and Exchanges of Warrants. 
 (a) To permit registrations of transfers and exchanges, the Company shall execute and the
Warrant Agent is hereby authorized to countersign, in accordance with the provisions of this Section 5, Global Warrant Certificates, as required pursuant to the provisions of this Section 5. 

(b) All Global Warrant Certificates or Direct Registration Warrants issued upon any registration of transfer or exchange shall be the valid
obligations of the Company, entitled to the same benefits under this Agreement as the Global Warrant Certificates or Direct Registration Warrants surrendered upon such registration of transfer or exchange. 

(c) So long as the Depository, or its nominee, is the registered owner of a Global Warrant Certificate, the Depository or such nominee, as the
case may be, will be considered the sole owner or registered holder represented by such Global Warrant Certificate for all purposes under this Agreement, including, without limitation, for the purposes of (i) giving notices with respect to such
Warrants and (ii) registering transfers with respect to such Warrants. Neither the Company nor the Warrant Agent, in its capacity as registrar for such Warrants, will have any responsibility or liability for any aspect of the records relating
to beneficial interests in a Global Warrant Certificate or for maintaining, supervising or reviewing any records relating to such beneficial interests. Notwithstanding the foregoing or anything else in this Agreement to the contrary, the Depository,
as a registered holder of the Warrants represented by the Global Warrant Certificates, may appoint agents and otherwise authorize participants to give or take any request, demand, authorization, direction, notice, consent, waiver or other action
which a registered holder of Warrants is entitled to give or take under this Agreement. 
 (d) A party requesting transfer of Warrants must
provide any evidence of authority that may be reasonably required by the Warrant Agent, including but not limited to, a signature guarantee from an eligible guarantor institution participating in a signature guarantee program approved by the
Securities Transfer Association. 
 (e) The Warrant Agent shall not undertake the duties and obligations of a stock transfer agent under this
Agreement, or otherwise, including, without limitation, the duty to receive, issue or transfer shares of the Common Stock. 

  
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 5.8. Service Charges. No service charge shall be made for any exchange or registration of
transfer of Warrants. 
 5.9. Warrant Execution and Countersignature. The Warrant Agent is hereby authorized to countersign and to
deliver, in accordance with the terms of this Agreement, any Global Warrant Certificates required to be issued hereunder, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Global Warrant Certificates duly
executed on behalf of the Company for such purpose. 
 6. Other Provisions Relating to Rights of
Holders of Warrants. 
 6.1. No Rights as Stockholder. A Warrant does not entitle the registered holder thereof to any of the
rights of a stockholder of the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights to vote or to consent or to receive notice as stockholders in respect of the meetings of
stockholders or the election of directors of the Company or any other matter. 
 6.2. Lost, Stolen, Mutilated, or Destroyed Warrants.
If a Global Warrant Certificate is lost, stolen, mutilated, or destroyed, the Company and the Warrant Agent may on such terms as to indemnity or otherwise as they may in their discretion impose (which shall, in the case of a mutilated Global Warrant
Certificate, include the surrender thereof), issue a new Global Warrant Certificate of like denomination, tenor, and date as the Global Warrant Certificate so lost, stolen, mutilated, or destroyed. Any such new Global Warrant Certificate shall
constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed Warrant shall be at any time enforceable by anyone. 

6.3. Reservation of Shares of Common Stock. The Company shall at all times reserve and keep available a number of its authorized but
unissued shares of Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement. 
 7.
Concerning the Warrant Agent and Other Matters. 
 7.1. Payment of Taxes. The Company will from time to time promptly pay all
taxes and charges that may be imposed upon the Company or the Warrant Agent in respect of the issuance or delivery of shares of Common Stock upon the exercise of Warrants. The Company shall not, however, be required to pay any tax or governmental
charge which may be payable in respect of any transfer involved in the transfer or delivery of a Global Warrant Certificate or the issuance of Common Stock in a name other than that of the holder of a Warrant. The Warrant Agent may refrain from
registering any such transfer or delivery of a Global Warrant Certificate or the issuance or delivery of shares of Common Stock upon exercise of Warrants until any such tax or governmental charge shall have been paid (any such tax or governmental
charge being payable by the holder of a Warrant at the time of surrender) or until it has been established to the Company’s and the Warrant Agent’s reasonable satisfaction that no such tax or governmental charge is due. 

  
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 7.2. Resignation, Consolidation, or Merger of Warrant Agent. 

7.2.1. Appointment of Successor Warrant Agent. The Warrant Agent, or any successor to it hereafter appointed, may resign its duties and
be discharged from all further duties and liabilities hereunder after giving sixty (60) days’ notice in writing to the Company. If the office of the Warrant Agent becomes vacant by resignation or incapacity to act or otherwise, the Company
shall appoint in writing a successor Warrant Agent in place of the Warrant Agent. If the Company shall fail to make such appointment within a period of thirty (30) days after it has been notified in writing of such resignation or incapacity by
the Warrant Agent or by the holder of the Warrant (who shall, with such notice, submit his Warrant for inspection by the Company), then the holder of any Warrant may apply to the Supreme Court of the State of New York for the County of New York for
the appointment of a successor Warrant Agent at the Company’s cost. Any successor Warrant Agent, whether appointed by the Company or by such court, shall be a corporation organized and existing under the laws of the State of New York, in good
standing and having its principal office in the Borough of Manhattan, City and State of New York, and authorized under such laws to exercise corporate trust powers and subject to supervision or examination by federal or state authority. After
appointment, any successor Warrant Agent shall be vested with all the authority, powers, rights, immunities, duties, and obligations of its predecessor Warrant Agent with like effect as if originally named as Warrant Agent hereunder, without any
further act or deed; but if for any reason it becomes necessary or appropriate, the predecessor Warrant Agent shall execute and deliver, at the expense of the Company, an instrument transferring to such successor Warrant Agent all the authority,
powers, and rights of such predecessor Warrant Agent hereunder; and upon request of any successor Warrant Agent the Company shall make, execute, acknowledge, and deliver any and all instruments in writing for more fully and effectually vesting in
and confirming to such successor Warrant Agent all such authority, powers, rights, immunities, duties, and obligations. 
 7.2.2. Notice
of Successor Warrant Agent. In the event a successor Warrant Agent shall be appointed, the Company shall give notice thereof to (x) the predecessor Warrant Agent, (y) the transfer agent for the shares of Common Stock and (z) each
registered holder of Warrants (by first class mail, postage prepaid) at such holder’s last address as shown on the register of the Warrant Agent, in each case, not later than the effective date of any such appointment. 

7.2.3. Merger or Consolidation of Warrant Agent. Any corporation or other entity into which the Warrant Agent may be merged or with
which it may be consolidated or any corporation or other entity resulting from any merger or consolidation to which the Warrant Agent shall be a party shall be the successor Warrant Agent under this Agreement without any further act. 

7.3. Fees and Expenses of Warrant Agent. 

7.3.1. Remuneration. The Company agrees to pay the Warrant Agent reasonable remuneration for its services as such Warrant Agent
hereunder and will reimburse the Warrant Agent upon demand for all expenditures that the Warrant Agent may reasonably incur in the execution of its duties hereunder. This section 7.3.1 shall survive the expiration of the Warrants, the termination of
this Agreement and the resignation, replacement or removal of the Warrant Agent. 

  
 11 

 7.3.2. Further Assurances. The Company agrees to perform, execute, acknowledge, and
deliver or cause to be performed, executed, acknowledged, and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Warrant Agent for the carrying out or performing of the provisions of this
Agreement. 
 7.4. Liability of Warrant Agent. 

7.4.1. Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, the Warrant Agent shall deem it
necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed
to be conclusively proved and established by a statement signed by the Chief Executive Officer or Chairman of the Board of Directors of the Company and delivered to the Warrant Agent. The Warrant Agent and its agents and subcontractors shall not be
liable and shall be indemnified by Company for any action taken, suffered or omitted to be taken by Warrant Agent in reliance upon any Company instructions. The Warrant Agent shall not be held to have notice of any change of authority of any person,
until receipt of written notice thereof from Company. The last two sentences of this section 7.4.1 shall survive the expiration of the Warrants, the termination of this Agreement and the resignation, replacement or removal of the Warrant Agent. 

7.4.2. Indemnity. The Warrant Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith (each
as determined by a final, non-appealable judgment of a court of competent jurisdiction). The Company agrees to indemnify the Warrant Agent and save it harmless against any and all liabilities, including
judgments, costs and reasonable counsel fees, for any action taken, suffered or omitted to be taken by the Warrant Agent in the execution of this Agreement except as a result of the Warrant Agent’s gross negligence, willful misconduct, or bad
faith (each as determined by a final, non-appealable judgment of a court of competent jurisdiction). The Warrant Agent may execute and exercise any of the rights and powers hereby vested in it or perform any
duty hereunder either itself or by or through its attorneys, agents or employees, and the Warrant Agent shall not be answerable or accountable for any act, omission, default, neglect or misconduct of any such attorneys, agents or employees or for
any loss to the Company resulting from any such act, omission, default, neglect or misconduct, absent gross negligence, willful misconduct or bad faith in the selection and continued employment thereof (each as determined by a final, non-appealable judgment of a court of competent jurisdiction). No provision of this Agreement shall require the Warrant Agent to expend or risk its own funds or otherwise incur any financial liability in the
performance of any of its duties hereunder or in the exercise any of its rights or powers if it reasonably believes that repayment of such funds or adequate indemnification against such risk or liability is not reasonably assured to it. The Warrant
Agent may at any time consult with legal counsel satisfactory to it, and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability as to any
action taken, suffered or omitted to be taken by it in accordance with such opinion or advice. This section 7.4.2 shall survive the expiration of the Warrants, the termination of this Agreement and the resignation, replacement or removal of the
Warrant Agent. 

  
 12 

 7.4.3. Exclusions. The Warrant Agent shall have no responsibility with respect to the
validity of this Agreement or with respect to the validity or execution of any Warrant (except its countersignature thereof); nor shall it be responsible for any breach by the Company of any covenant or condition contained in this Agreement or in
any Warrant; nor shall it be responsible to make any adjustments required under the provisions of Section 4 hereof or responsible for the manner, method, or amount of any such adjustment or the ascertaining of the existence
of facts that would require any such adjustment; nor shall it by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of any shares of Common Stock to be issued pursuant to this Agreement or any
Warrant or as to whether any shares of Common Stock will, when issued, be valid and fully paid and nonassessable. This section 7.4.3 shall survive the expiration of the Warrants, the termination of this Agreement and the resignation, replacement or
removal of the Warrant Agent. 
 7.4.4. Consequential Damages. Neither party to this Agreement shall be liable to the other party for
any consequential, indirect, special or incidental damages under any provisions of this Agreement or for any consequential, indirect, punitive, special or incidental damages arising out of any act or failure to act hereunder even if that party has
been advised of or has foreseen the possibility of such damages. This section 7.4.4 shall survive the expiration of the Warrants, the termination of this Agreement and the resignation, replacement or removal of the Warrant Agent. 

7.5. Acceptance of Agency. The Warrant Agent hereby accepts the agency established by this Agreement and agrees to perform the same upon
the express terms and conditions herein set forth and among other things, shall account promptly to the Company with respect to Warrants exercised and concurrently account for, and pay to the Company, all monies received by the Warrant Agent for the
purchase of shares of Common Stock through the exercise of Warrants. 
 7.6. Limitation of Liability. Notwithstanding anything
contained herein to the contrary, the Warrant Agent’s aggregate liability during any term of this Agreement with respect to, arising from, or arising in connection with this Agreement, or from all services provided or omitted to be provided
under this Agreement, whether in contract, or in tort, or otherwise, is limited to, and shall not exceed, the amounts paid hereunder by the Company to the Warrant Agent as fees and charges, but not including reimbursable expenses. This section 7.6
shall survive the expiration of the Warrants, the termination of this Agreement and the resignation, replacement or removal of the Warrant Agent. 
 8.
Miscellaneous Provisions. 
 8.1. Successors. All the covenants and provisions of this Agreement by or for the benefit of the
Company or the Warrant Agent shall bind and inure to the benefit of their respective successors and assigns. 
 8.2. Notices. Any
notice, statement or demand authorized by this Agreement to be given or made by the Warrant Agent or by the holder of any Warrant to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by
certified mail or private courier service within five (5) days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Company with the Warrant Agent), as follows: 

  
 13 

 c/o Ditech Holding Corporation 

3000 Bayport Drive, Suite 1100 
 Tampa, Florida 33607 

Fax No.: (813) 281-5635 

Attention: General Counsel 
 Any notice, statement or demand
authorized by this Agreement to be given or made by the holder of any Warrant or by the Company to or on the Warrant Agent shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier
service within five days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Warrant Agent with the Company), as follows: 

Computershare Inc. 
 250 Royall Street 

Canton, MA 02021 
 Attn: Corp Actions Relationship Manager 

8.3. Applicable Law. The validity, interpretation, and performance of this Agreement and of the Warrants shall be governed in all
respects by the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. The Company hereby agrees that any action, proceeding or claim
against it arising out of or relating in any way to this Agreement shall be brought and enforced in the courts of the State of New York or the United States District Court for the Southern District of New York, and irrevocably submits to such
jurisdiction, which jurisdiction shall be exclusive. The Company hereby waives any objection to such exclusive jurisdiction and that such courts represent an inconvenient forum. Any such process or summons to be served upon the Company may be served
by transmitting a copy thereof by registered or certified mail, return receipt requested, postage prepaid, addressed to it at the address set forth in Section 9.2 hereof. Such mailing shall be deemed personal service and
shall be legal and binding upon the Company in any action, proceeding or claim. 
 8.4. Persons Having Rights under this Agreement.
Nothing in this Agreement expressed and nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the parties hereto and the registered holders
of the Warrants. 
 8.5. Examination of the Warrant Agreement. A copy of this Agreement shall be available at all reasonable times at
the office of the Warrant Agent in Canton, Massachusetts, for inspection by the registered holder of any Warrant. The Warrant Agent may require any such holder to submit his Warrant for inspection by it. 

8.6. Counterparts. This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts
shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. 

  
 14 

 8.7. Effect of Headings. The section headings herein are for convenience only and are not
part of this Agreement and shall not affect the interpretation thereof. 
 8.8. Amendments. This Agreement may be amended by the
parties hereto without the consent of any registered holder for the purpose of curing any ambiguity, or of curing, correcting or supplementing any defective provision contained herein or adding or changing any other provisions with respect to
matters or questions arising under this Agreement as the parties may deem necessary or desirable and that the parties deem shall not adversely affect the interest of the registered holders. All other modifications or amendments, including any
amendment to increase the Exercise Price or shorten the Exercise Period, shall require the written consent or vote of the registered holders of a majority of the then outstanding Warrants. Notwithstanding the foregoing, the Company may extend the
duration of the Exercise Period pursuant to Section 3.2 without the consent of the registered holders. In addition, as a condition precedent to the Warrant Agent’s execution of any amendment, the Company shall deliver
to the Warrant Agent a certificate from a duly authorized officer of the Company that states that the proposed amendment is in compliance with the terms of this Section 8.8; provided, however, that the Warrant Agent may,
but shall not be required to, execute any amendment that adversely affects the Warrant Agent’s own rights, duties or immunities hereunder. 

8.9. Severability. This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof
shall not affect the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of
this Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable. 

8.10. Confidentiality. The Warrant Agent and the Company agree that all books, records, information and data pertaining to the business
of the other party, including inter alia, personal, non-public warrant holder information, which are exchanged or received pursuant to the negotiation or the carrying out of this Agreement including the
fees for services set forth in the attached schedule shall remain confidential, and shall not be voluntarily disclosed to any other person, except as may be required by law, including, without limitation, pursuant to subpoenas from state or federal
government authorities (e.g., in divorce and criminal actions). 
 8.11. Force Majeure. Notwithstanding anything to the contrary
contained herein, the Warrant Agent will not be liable for any delays or failures in performance resulting from acts beyond its reasonable control including, without limitation, acts of God, terrorist acts, shortage of supply, breakdowns or
malfunctions, interruptions or malfunction of computer facilities, or loss of data due to power failures or mechanical difficulties with information storage or retrieval systems, labor difficulties, war, or civil unrest. 

  
 15 

 IN WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the day and
year first above written. 
  

			
	DITECH HOLDING CORPORATION
		
	    By:	 	 /s/ Cheryl A. Collins

		
	Name:	 	Cheryl A. Collins
		
	  Title:	 	Senior Vice President and Treasurer

  

			
	 COMPUTERSHARE TRUST COMPANY, N.A., and COMPUTERSHARE INC., 

On behalf of both entities
 as
Warrant Agent

 
			
		
	    By:	 	 /s/ Dan DeWeever

		
	Name:	 	Dan DeWeever
		
	  Title:	 	Product Director

 EXHIBIT A-1 

FORM OF FACE OF GLOBAL WARRANT CERTIFICATE 
 This
Global Warrant Certificate is deposited with or on behalf of The Depository Trust Company (the “Depository”) or its nominee in custody for the benefit of the beneficial owners hereof, and is not transferable to any person under any
circumstances except that (i) this Global Warrant Certificate may be delivered to the Warrant Agent for cancellation pursuant to Section 5.6 of the Warrant Agreement and (ii) this Global Warrant Certificate may be transferred pursuant
to Section 5.5 of the Warrant Agreement and as set forth below. 
 TRANSFERS OF THIS GLOBAL WARRANT CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN
WHOLE, BUT NOT IN PART, TO NOMINEES OF THE DEPOSITORY OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE OR AS OTHERWISE PERMITTED IN SECTION 5.5 OF THE WARRANT AGREEMENT, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL WARRANT
CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN SECTION 5 OF THE WARRANT AGREEMENT. 
 No registration
or transfer of the securities issuable pursuant to the exercise of the Warrant will be recorded on the books of the Company until such provisions have been complied with. 

To the extent that any provision hereof conflicts with any provision of the Warrant Agreement, the provision in the Warrant Agreement shall control. 

 CUSIP No. 25501G 121 

ISIN No. US25501G1215 
 WARRANTS TO
PURCHASE 
 SHARES OF COMMON STOCK 

DITECH HOLDING CORPORATION 

GLOBAL WARRANT TO PURCHASE COMMON STOCK 

VOID AFTER 5:00 P.M., New York City Time, February 9, 2028 

This Global Warrant Certificate (“Warrant Certificate”) certifies that Cede & Co., or its registered assigns is the registered holder of
5,747,581 Warrants (the “Warrants”) of Ditech Holding Corporation, a Maryland corporation (the “Company”), to purchase shares (the “Shares”) of common stock, par value $0.01 per share (the
“Common Stock”), of the Company. The Warrants expire at 5:00 p.m., New York City time, on the ten year anniversary of the Effective Date (such date, the “Expiration Date”), and each Warrant entitles the holder to
purchase from the Company one fully paid and non-assessable Share at the exercise price (the “Exercise Price”), payable to the Company either by wire transfer in immediately available funds of
the aggregate Exercise Price to an account of the Warrant Agent specified in writing by the Warrant Agent for such purpose, no later than 5:00 p.m., New York City time, on the business day immediately prior to the settlement date, which settlement
date is three Business Days after a Warrant Exercise Notice is delivered (the “Settlement Date”). The initial Exercise Price shall be $28.25. 

In lieu of paying the Exercise Price as set forth in the preceding paragraph, subject to the provisions of the Warrant Agreement (as defined on the reverse
hereof), the Warrants shall entitle the holder thereof, at the election of such holder, to exercise the Warrants by authorizing the Company to withhold from issuance a number of Shares issuable upon exercise of the Warrants which when multiplied by
the Fair Market Value of the Common Stock is equal to the aggregate price for the number of Shares for which the Warrants are being exercised at the Exercise Price (assuming the Exercise Price for all such Shares was being paid in cash), and such
withheld shares shall no longer be issuable under the Warrants. 
 The Exercise Price and the number of Shares purchasable upon exercise of the Warrants are
subject to adjustment upon the occurrence of certain events as set forth in the Warrant Agreement, which adjustments shall be reflected on the “Schedule of Increases or Decreases in Global Warrant Certificate” attached hereto. 

To the extent that any provision hereof conflicts with any provision of the Warrant Agreement, the provision in the Warrant Agreement shall control. 

Warrants may only be exercised during the Exercise Period. 

After 5:00 p.m., New York City time, on the Expiration Date, the Warrants will become wholly void and of no value. 

 No Rights as Stockholders. Prior to the exercise or conversion hereof into Shares, except as expressly set
forth in the Warrant Agreement, the Warrants evidenced by this Warrant Certificate do not entitle the registered holder or the owner of any beneficial interest in such Warrants to any rights as a stockholder of the Company, including, without
limitation, any rights to vote, to receive dividends or other distributions, to exercise any preemptive right, or to receive notice as stockholders in respect of any meetings of stockholders 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS WARRANT CERTIFICATE SET FORTH ON THE REVERSE HEREOF. SUCH FURTHER PROVISIONS SHALL FOR ALL PURPOSES
HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH AT THIS PLACE. 
 This Warrant Certificate shall not be valid unless countersigned by the Warrant Agent. 

IN WITNESS WHEREOF, the Company has caused this Warrant Certificate to be executed by its duly authorized officer. 

 

			
	 Dated:
                                         
                           
	  	

 DITECH HOLDING CORPORATION 
  

	
	
By:                  
                                         
             

	 Name:

	 Title:

  

	
	 COMPUTERSHARE TRUST COMPANY,
 N.A.,
and COMPUTERSHARE INC., 

	On behalf of both entities
	
	By:                                     
                                   
	Name:
	Title:

 FORM OF REVERSE OF GLOBAL WARRANT CERTIFICATE 

DITECH HOLDING CORPORATION 
 The Warrants
evidenced by this Warrant Certificate are a part of a duly authorized issue of Warrants to purchase shares of Common Stock issued pursuant to that certain Warrant Agreement, dated as of February 9, 2018 (the “Warrant Agreement”),
duly executed and delivered by the Company and Computershare Inc., a Delaware corporation, and its wholly-owned subsidiary, Computershare Trust Company, N.A., a federally chartered trust company (collectively the “Warrant Agent”).
The Warrant Agreement hereby is incorporated by reference in and made a part of this instrument and is hereby referred to for a description of the rights, limitation of rights, obligations, duties and immunities thereunder of the Warrant Agent, the
Company and the holders (the words “holders” or “holder” meaning the registered holders or registered holder) of the Warrants. A copy of the Warrant Agreement may be inspected at the Warrant Agent’s office and is available
upon written request addressed to the Company. All capitalized terms used on the face of this Warrant Certificate but not defined herein and are defined in the Warrant Agreement shall have the meanings assigned to them therein. 

Warrants may be exercised to purchase Warrant Shares from the Company from the date of the Warrant Agreement through 5:00 p.m., New York City time, on the
Expiration Date, at the Exercise Price set forth on the face hereof, subject to adjustment as described in the Warrant Agreement. Subject to the terms and conditions set forth herein and in the Warrant Agreement, the holder of the Warrants evidenced
by this Warrant Certificate may exercise such Warrants by: 
 (i) providing written notice of such election (“Warrant Exercise Notice”) to
exercise the Warrants to the Company and the Warrant Agent at the addresses set forth in the Warrant Agreement, by hand or by facsimile, no later than 5:00 p.m., New York City time, on the Expiration Date, which Warrant Exercise Notice shall
substantially be in the form of an election to purchase shares of Common Stock set forth herein, properly completed and executed by the holder; (ii) delivering no later than 5:00 p.m., New York City time, on the Business Day immediately prior
to the Settlement Date, the Warrants to the Warrant Agent (by book-entry transfer through the facilities of the Depository); and (iii) paying the Exercise Price, together with any applicable taxes and governmental charges. 

In lieu of paying the Exercise Price as set forth in the preceding paragraph, subject to the provisions of the Warrant Agreement, the Warrants shall entitle
the holder thereof, at the election of such holder, to exercise the Warrants by authorizing the Company to withhold from issuance a number of shares of Common Stock issuable upon exercise of the Warrants which when multiplied by the Fair Market
Value of the Common Stock is equal to the aggregate price for the number of Shares for which the Warrants are being exercised at the Exercise Price (assuming the Exercise Price for all such Shares was being paid in cash), and such withheld shares
shall no longer be issuable under the Warrants. 
 In the event that upon any exercise of the Warrants evidenced hereby the number of shares of Common Stock
actually purchased shall be less than the total number of shares of Common Stock purchasable upon exercise of the Warrants evidenced hereby, there shall be issued to the holder hereof, or such holder’s assignee, a new Warrant Certificate
evidencing Warrants to purchase the shares of Common Stock not so purchased or appropriate adjustment shall be made 

 
in the “Schedule of Increases or Decreases in Global Warrant Certificate” annexed hereto. No adjustment shall be made for any cash dividends on any shares of Common Stock
issuable upon exercise of Warrants. After 5:00 p.m., New York City time on the Expiration Date, unexercised Warrants shall become wholly void and of no value. 

The Company shall not be required to issue fractional shares of Common Stock or any certificates that evidence fractional Shares. 

No Warrants may be sold, exchanged or otherwise transferred in violation of the Securities Act of 1933, as amended, or applicable state securities laws. 

The Company and Warrant Agent may deem and treat the registered holder hereof as the absolute owner of this Warrant Certificate (notwithstanding any notation
of ownership or other writing hereon made by anyone) for the purpose of any exercise hereof and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. 

[Balance of page intentionally remains blank] 

 [TO BE ATTACHED TO GLOBAL WARRANT CERTIFICATE] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL WARRANT CERTIFICATE 

The following increases or decreases in this Global Warrant have been made: 
  

															
	 Date
	  	 Amount of
decrease in the
number
of
Warrants
represented by
this Global
Warrant
	  	 Amount of
increase in the
number
of
Warrants
represented by
this Global
Warrant
	  	 Number of
Warrants
represented by
this
Global
Warrant
following
such decrease
or increase
	  	 Amount of
decrease in the
number of
shares
issuable
upon
exercise of the
Warrants
represented by
this Global
Warrant
	  	 Amount of
increase in
number of
shares
issuable
upon
exercise of the
Warrants
represented by
this Global
Warrant
	  	 Number of
shares
issuable upon
exercise of
the
Warrants
represented by
this Global
Warrant
following
such decrease
or increase
	  	 Signature of
authorized
officer of
the
Warrant
Agent

 EXHIBIT A-2 

FORM OF ELECTION TO EXERCISE WARRANT FOR 

WARRANT HOLDERS HOLDING WARRANTS 

THROUGH THE DEPOSITORY TRUST COMPANY 

TO BE COMPLETED BY DIRECT PARTICIPANT 

IN THE DEPOSITORY TRUST COMPANY 

DITECH HOLDING CORPORATION 

Warrants to Purchase
                        Shares of Common Stock 

(TO BE EXECUTED UPON EXERCISE OF THE WARRANT) 

The undersigned hereby irrevocably elects to exercise the right, represented by Warrants to purchase shares of Common Stock of Ditech Holding Corporation (the
“Company”) held for its benefit through the book-entry facilities of The Depository Trust Company (the “Depository”), to purchase
                 newly issued shares of Common Stock of the Company at the initial Exercise Price of $28.25 per share. 

The undersigned represents, warrants and promises that it has the full power and authority to exercise and deliver the Warrants exercised hereby. The
undersigned represents, warrants and promises that it has delivered or will deliver in payment for such shares $                     by wire transfer
in immediately available funds of the aggregate Exercise Price to an account of the Warrant Agent specified in writing by the Warrant Agent for such purpose or through a cashless exercise (as described below), no later than 5:00 p.m., New York City
time, on the Business Day immediately prior to the Settlement Date. 
 ☐Please check if the undersigned, in lieu of paying the Exercise Price as set
forth in the preceding paragraph, elects to exercise Warrants by authorizing the Company to withhold from issuance a number of shares of Common Stock issuable upon exercise of the Warrants which when multiplied by the Fair Market Value of the Common
Stock is equal to the aggregate price for the number of Shares for which the Warrants are being exercised at the Exercise Price (assuming the Exercise Price for all such Shares was being paid in cash), and such withheld shares shall no longer be
issuable under the Warrants. 
 The undersigned requests that the shares of Common Stock purchased hereby be in registered form in the authorized
denominations, registered in such names and delivered, all as specified in accordance with the instructions set forth below, provided that if the shares of Common Stock are evidenced by global securities, the shares of Common Stock shall be
registered in the name of the Depository or its nominee, to the account of the participant specified herein. 

Dated:                         
                                     

 NOTE: THIS EXERCISE NOTICE MUST BE DELIVERED TO THE WARRANT AGENT, PRIOR TO 5:00 P.M., NEW YORK CITY TIME, ON THE
EXPIRATION DATE. THE WARRANT AGENT SHALL NOTIFY YOU (THROUGH THE CLEARING SYSTEM) OF (1) THE WARRANT AGENT’S ACCOUNT AT THE DEPOSITORY TO WHICH YOU MUST DELIVER YOUR WARRANTS ON THE EXERCISE DATE AND (2) THE ADDRESS, PHONE NUMBER AND
FACSIMILE NUMBER WHERE YOU CAN CONTACT THE WARRANT AGENT AND TO WHICH WARRANT EXERCISE NOTICES ARE TO BE SUBMITTED. 
 NAME OF DIRECT PARTICIPANT IN THE
DEPOSITORY:                                       
                                         
                      

                          
                                         
                             (PLEASE PRINT) 

ADDRESS:                        
                                         
                                         
                                         
                                      

CONTACT
NAME:                                        
                                         
                                         
                                         
         

ADDRESS:                        
                                         
                                         
                                         
                                       

 

                          
                                         
                                         
                                         
                                         
               
 TELEPHONE (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                             

FAX (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                                         
   
 SOCIAL SECURITY OR OTHER TAXPAYER IDENTIFICATION NUMBER (IF APPLICABLE): 

                          
                                         
                                         
                                         
                                         
               
 ACCOUNT FROM WHICH WARRANTS ARE BEING
DELIVERED:                                       
                                         
         
 DEPOSITORY ACCOUNT
NO.:                                        
                                         
                                         
                             

WARRANT EXERCISE NOTICES WILL ONLY BE VALID IF DELIVERED IN ACCORDANCE WITH THE INSTRUCTIONS SET FORTH IN THIS NOTIFICATION (OR AS OTHERWISE DIRECTED), MARKED
TO THE ATTENTION OF “WARRANT EXERCISE”. WARRANT HOLDER DELIVERING WARRANTS, IF OTHER THAN THE DIRECT DTC PARTICIPANT DELIVERING THIS WARRANT EXERCISE NOTICE: 

NAME:                         
                                         
                                         
                                         
                                         
   
             (PLEASE PRINT) 

CONTACT
NAME:                                        
                                         
                                         
                                         
        
 TELEPHONE (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                            

FAX (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                                         
  
 SOCIAL SECURITY OR OTHER TAXPAYER IDENTIFICATION NUMBER (IF APPLICABLE): 

                          
                                         
                                         
                                         
                                         
               
 ACCOUNT TO WHICH THE SHARES OF COMMON STOCK ARE TO BE CREDITED:

                          
                                         
                                         
                                         
                                         
               
 DEPOSITORY ACCOUNT
NO.:                                        
                                         
                                         
                             

FILL IN FOR DELIVERY OF THE COMMON STOCK, IF OTHER THAN TO THE PERSON DELIVERING THIS WARRANT EXERCISE NOTICE: 

NAME:                         
                                         
                                         
                                         
                                         
    
               (PLEASE PRINT) 

ADDRESS:                        
                                         
                                         
                                         
                                        

 

                          
                                         
                                         
                                         
                                         
                 
 CONTACT 

NAME:                         
                                         
                                         
                                         
                                         
    
 TELEPHONE (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                              

FAX (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                                         
   
 SOCIAL SECURITY OR OTHER TAXPAYER IDENTIFICATION NUMBER (IF APPLICABLE): 

                          
                                         
                                         
                                         
                                         
               
 NUMBER OF SHARES OF COMMON STOCK FOR WHICH WARRANT IS BEING
EXERCISED 
 (ONLY ONE EXERCISE PER WARRANT EXERCISE
NOTICE):                                       
                                         
              

Signature:                        
                                         
                                         
                                         
                                        

Name:                         
                                         
                                         
                                         
                                         
    
 Capacity in which
Signing:                                       
                                         
                                         
                                      

Signature Guaranteed 

BY:                         
                                         
                                         
                                         
                                         
        
 Signatures must be guaranteed by a participant in a Medallion Signature Guarantee Program at a guarantee
level acceptable to the Company’s transfer agent. 

 EXHIBIT A-3 

FORM OF ELECTION TO EXERCISE WARRANT FOR 

WARRANT HOLDERS HOLDING 
 DIRECT
REGISTRATION WARRANTS 
 TO BE COMPLETED BY REGISTERED HOLDER 

DITECH HOLDING CORPORATION 

Warrants to Purchase
                         Shares of Common Stock 

(TO BE EXECUTED UPON EXERCISE OF THE WARRANT) 

The undersigned hereby irrevocably elects to exercise the right, represented by Warrants to purchase shares of Common Stock of Ditech Holding Corporation (the
“Company”), to purchase                      newly issued shares of Common Stock of the Company at the initial Exercise Price of
$28.25 per share. 
 The undersigned represents, warrants and promises that it has the full power and authority to exercise and deliver the Warrants
exercised hereby. The undersigned represents, warrants and promises that it has delivered or will deliver in payment for such shares
$                         by wire transfer in immediately available funds of the aggregate Exercise Price to an account of the
Warrant Agent specified in writing by the Warrant Agent for such purpose or through a cashless exercise (as described below), no later than 5:00 p.m., New York City time, on the Business Day immediately prior to the Settlement Date. 

☐Please check if the undersigned, in lieu of paying the Exercise Price as set forth in the preceding paragraph, elects to exercise Warrants by
authorizing the Company to withhold from issuance a number of shares of Common Stock issuable upon exercise of the Warrants which when multiplied by the Fair Market Value of the Common Stock is equal to the aggregate price for the number of Shares
for which the Warrants are being exercised at the Exercise Price (assuming the Exercise Price for all such Shares was being paid in cash), and such withheld shares shall no longer be issuable under the Warrants. 

The undersigned requests that the shares of Common Stock purchased hereby be in registered form in the authorized denominations, registered in such names and
delivered, all as specified in accordance with the instructions set forth below, provided that if the shares of Common Stock are evidenced by global securities, the shares of Common Stock shall be registered in the name of the Depository or its
nominee, to the account of the participant specified herein. 

Dated:                         
                                         
                   
 NOTE: THIS EXERCISE NOTICE MUST BE
DELIVERED TO THE WARRANT AGENT, PRIOR TO 5:00 P.M., NEW YORK CITY TIME, ON THE EXPIRATION DATE. THE WARRANT AGENT SHALL NOTIFY YOU (THROUGH THE CLEARING SYSTEM) OF (1) THE WARRANT AGENT’S ACCOUNT AT THE DEPOSITORY TO WHICH YOU MUST

  
 A-2-1 

 
DELIVER YOUR WARRANTS ON THE EXERCISE DATE AND (2) THE ADDRESS, PHONE NUMBER AND FACSIMILE NUMBER WHERE YOU CAN CONTACT THE WARRANT AGENT AND TO WHICH WARRANT EXERCISE NOTICES ARE TO BE
SUBMITTED. 
 NAME OF DIRECT PARTICIPANT IN THE
DEPOSITORY:                                       
                                         
                     

                          
                                         
                                 (PLEASE PRINT) 

ADDRESS:                        
                                         
                                         
                                         
                                    

CONTACT
NAME:                                        
                                         
                                         
                                         
      

ADDRESS:                        
                                         
                                         
                                         
                                    

 

                          
                                         
                                         
                                         
                                         
            
 TELEPHONE (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                          

FAX (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                                         

SOCIAL SECURITY OR OTHER TAXPAYER IDENTIFICATION NUMBER (IF APPLICABLE): 

                          
                                         
                                         
                                         
                                         
            
 ACCOUNT FROM WHICH WARRANTS ARE BEING
DELIVERED:                                       
                                         
      
 DEPOSITORY ACCOUNT
NO.:                                        
                                         
                                         
                           

WARRANT EXERCISE NOTICES WILL ONLY BE VALID IF DELIVERED IN ACCORDANCE WITH THE INSTRUCTIONS SET FORTH IN THIS NOTIFICATION (OR AS OTHERWISE DIRECTED), MARKED
TO THE ATTENTION OF “WARRANT EXERCISE”. WARRANT HOLDER DELIVERING WARRANTS, IF OTHER THAN THE DIRECT DTC PARTICIPANT DELIVERING THIS WARRANT EXERCISE NOTICE: 

NAME:                         
                                         
                                         
                                         
                                        

            (PLEASE PRINT) 

CONTACT
NAME:                                        
                                         
                                         
                                         
     
 TELEPHONE (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                        
 FAX
(INCLUDING INTERNATIONAL
CODE):                                        
                                         
                                       

SOCIAL SECURITY OR OTHER TAXPAYER IDENTIFICATION NUMBER (IF APPLICABLE): 

  
 A-2-2 

                          
                                         
                                         
                                         
                                         
               
 ACCOUNT TO WHICH THE SHARES OF COMMON STOCK ARE TO BE CREDITED:

                          
                                         
                                         
                                         
                                         
               
 DEPOSITORY ACCOUNT
NO.:                                        
                                         
                                         
                             

FILL IN FOR DELIVERY OF THE COMMON STOCK, IF OTHER THAN TO THE PERSON DELIVERING THIS WARRANT EXERCISE NOTICE: 

NAME:                         
                                         
                                         
                                         
                                         
  
             (PLEASE PRINT) 

ADDRESS:                        
                                         
                                         
                                         
                                      

 

                          
                                         
                                         
                                         
                                         
              
 CONTACT 

NAME:                         
                                         
                                         
                                         
                                         
   
 TELEPHONE (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                            

FAX (INCLUDING INTERNATIONAL
CODE):                                        
                                         
                                         
   
 SOCIAL SECURITY OR OTHER TAXPAYER IDENTIFICATION NUMBER (IF APPLICABLE): 

 

                          
                                         
                                         
                                         
                                         
               
 NUMBER OF SHARES OF COMMON STOCK FOR WHICH WARRANT IS BEING
EXERCISED 
 (ONLY ONE EXERCISE PER WARRANT EXERCISE
NOTICE):                                       
                                         
                 

Signature:                        
                                         
                                         
                                         
                                         

  
 A-2-3 

Name:                         
                                         
                                         
                                         
                                         
    
 Capacity in which
Signing:                                       
                                         
                                         
                                       

Signature Guaranteed 

BY:                         
                                         
                                         
                                         
                                         
        
 Signatures must be guaranteed by a participant in a Medallion Signature Guarantee Program at a guarantee
level acceptable to the Company’s transfer agent. 

  
 A-2-4 

 EXHIBIT B 

FORM OF ASSIGNMENT 
 (TO BE
EXECUTED BY THE REGISTERED HOLDER 
 IF SUCH HOLDER DESIRES TO TRANSFER A WARRANT) 

FOR VALUE RECEIVED, the undersigned registered holder hereby sells, assigns and transfers unto 

                          
                                         
                                         
                                         
                                         
           
 Name of Assignee 

                          
                                         
                                         
                                         
                                         
           
 Address of Assignee 

Warrants to purchase                      shares of Common
Stock held by the undersigned, together with all right, title and interest therein, and does irrevocably constitute and appoint attorney, to transfer such Warrants on the books of the Warrant Agent, with full power of substitution. 

                          
                                         
                                         
                                         
                                         
           
 Signature 

                          
                                         
                                         
                                         
                                         
           
 Date 

                          
                                         
                                         
                                         
                                         
           
 Social Security or Other Taxpayer Identification Number of Assignee 

SIGNATURE GUARANTEED BY: 

                          
                                         
                                         
                                         
                                         
           
 Signatures must be guaranteed by a participant in a Medallion Signature Guarantee Program
at a guarantee level acceptable to the Company’s transfer agent.Exhibit 10.4

 Exhibit 10.4 

EXECUTION VERSION 
  

 
 REGISTRATION RIGHTS AGREEMENT 

by and among 
 DITECH HOLDING
CORPORATION (f/k/a WALTER INVESTMENT MANAGEMENT CORP.) 
 and 

the Holders party hereto 
 Dated
as of February 9, 2018 
  
  

 This Registration Rights Agreement (this “Agreement”) is made and entered into
as of February 9, 2018, by and among Ditech Holding Corporation (f/k/a Walter Investment Management Corp.), a Maryland corporation (the “Company”), the investors identified on Schedule I hereto (and any of their Affiliates) or
signatory hereto (collectively, the “Initial Holders”), and any Permitted Transferee (as defined below) who hereafter becomes a party to this Agreement as contemplated in Section 7(b) hereof and, subject to Section 7(n),
each other Registration Rights Party (each such party who holds Registrable Securities (as defined below), a “Holder” and, collectively, the “Holders”). 

On November 30, 2017, the Company filed a voluntary petition with the United States Bankruptcy Court for the District of Delaware (the
“Bankruptcy Court”) initiating a case under chapter 11 of the Bankruptcy Code (the “Chapter 11 Case”). On November 30, 2017, the Company filed with the Bankruptcy Court a Prepackaged Chapter 11 Plan of
Reorganization of the Company and the Affiliate Co-Plan Proponents (as may be further amended, supplemented or otherwise modified, the “Prepackaged Plan”), and the related Disclosure Statement
for the Prepackaged Plan. 
 Pursuant to the Prepackaged Plan, and in relation to the Company’s emergence from the Chapter 11 Case as
set forth in the Prepackaged Plan (the “Effective Date”), the Company will issue (i) shares of the Company’s common stock, par value $0.01 per share (“New Common Stock”), (ii) shares of preferred stock
with a per share face amount of $1,000 (the “Mandatorily Convertible Preferred Stock”) and (ii) warrants entitling the holders thereof to purchase New Common Stock (“Warrants”). 

This Agreement is made for the benefit of the Holders. In connection with the Prepackaged Plan, the Company has agreed to provide the
registration rights set forth in this Agreement. 
 The parties hereby agree as follows: 

Section 1. Definitions. 

As used in this Agreement, the following capitalized terms shall have the following meanings: 

“Affiliate” means, with respect to any Person, any Person directly or indirectly controlling, controlled by or under common
control with, such other Person. For purposes of this definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), when used with respect to any Person, means
the possession, directly or indirectly, of the power to cause the direction of management and/or policies of such Person, whether through the ownership of voting securities by contract or otherwise. 

 “Automatic Shelf Registration Statement” means an “automatic shelf
registration statement” as defined in Rule 405 promulgated under the Securities Act, as such definition may be amended from time to time. 

“Business Day” means any day other than a Saturday, Sunday or U.S. federal holiday or a day on which banking institutions or
trust companies located in New York, New York are authorized or obligated to be closed. If the time to perform any action hereunder falls on a day that is not a Business Day, such time will be extended to the next Business Day. 

“Closing Price” means the closing price of a share of Common Stock as reported on the principal national securities exchange
on which the shares of Common Stock are listed or admitted for trading or, if no such closing price on such date is reported, the average of the closing bid and asked prices on such date, as so reported; or (ii) if not then listed or admitted
to trading on any securities exchange but designated as a national market system security by the National Association of Securities Dealers, Inc., the last trading price of a share of Common Stock on such date; or (iii) if the Common Stock is
not so designated, the average of the reported closing bid and asked prices of a share of Common Stock on such date as shown by the National Market System of the National Association of Securities Dealers, Inc. Automated Quotations System and
reported by any member firm of the New York Stock Exchange selected by the Company; or (iv) if not so reported and shown by the National Market System of the National Association of Securities Dealers, Inc. Automated Quotations System, the
average of the reported closing bid and asked prices of a share of Common Stock on such date in the over-the-counter market or comparable system as shown by a system of
automated dissemination of quotations of securities prices then in common use comparable to the National Association of Securities Dealers, Inc. Automated Quotations System. 

“Commission” means the Securities and Exchange Commission. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“FINRA” means the Financial Industry Regulatory Authority, Inc. 

“Indemnified Holder” has the meaning set forth in Section 6(a) hereof. 

“Initiating Holder” shall mean any Holder that, together with its Affiliates, beneficially owns at least 10% of the
outstanding shares of New Common Stock (on a fully diluted basis assuming the conversion of all Mandatorily Convertible Preferred Stock) as of the Effective Date, for so long as such Holder continues to beneficially own at least 10% of the aggregate
outstanding shares of New Common Stock (on a fully diluted basis assuming the conversion of all Mandatorily Convertible Preferred Stock). 

“Majority Holders” means, with respect to any Underwritten Offering, the holders of a majority of the Registrable Securities
(on a fully diluted basis assuming the conversion of all Mandatorily Convertible Preferred Stock) to be included in such Underwritten Offering held by all Holders that have made the request requiring the Company to conduct such Underwritten Offering
(but not including any Holders that have exercised “piggyback” rights hereunder to be included in such Underwritten Offering). 

  
 2 

 “Permitted Transferee” means any transferee of Registrable Securities in a
transaction not involving a public offering of a Holder to an Affiliate of such Holder or any fund, account or investment vehicle controlled, managed, advised or sub-advised by a Holder, an Affiliate of such
Holder or the same investment manager, advisor or subadvisor of such Holder or an Affiliate of such investment manager, advisor or subadvisor; provided that such transferee agrees in writing to become a party to this Agreement. 

“Person” means an individual, partnership, corporation, limited liability company, trust or unincorporated
organization, or a government or agency or political subdivision thereof. 
 “Prospectus” means the prospectus
included in a Registration Statement, as amended or supplemented by any prospectus supplement and by all other amendments thereto, including post-effective amendments, and all material incorporated by reference into such Prospectus. 

“Registrable Securities” means (i) shares of Mandatorily Convertible Preferred Stock issued to the Initial Holders and
shares of New Common Stock issuable upon conversion of Mandatorily Convertible Preferred Stock issued to the Initial Holders by the Company on the Effective Date, (ii) Warrants issued and shares of New Common Stock issuable upon exercise of
Warrants issued to the Initial Holders by the Company on the Effective Date, or (iii) shares of New Common Stock issued to the Initial Holders, in each case held by Holders from time to time following the consummation of the Prepackaged Plan.
Registrable Securities include any shares of capital stock, warrants or other securities of the Company issued as a dividend or other distribution with respect to or in exchange for or in replacement of Registrable Securities. As to any particular
Registrable Securities, such securities shall cease to be Registrable Securities when: (a) a Registration Statement with respect to the sale of such securities shall have become effective under the Securities Act and such securities shall have
been sold, transferred or otherwise disposed of in accordance with such Registration Statement; (b) such securities shall have ceased to be outstanding; or (c) such securities may be sold without registration pursuant to Rule 144
promulgated under the Securities Act (or any successor rule promulgated thereafter by the Commission) without restriction as to manner of sale or amount. 

“Registration Rights Parties” means (i) each Person identified on Schedule I hereto (and any of its Affiliates) or
signatory hereto, (ii) each Person who becomes a party hereto as contemplated by Section 7(b) hereof, and (iii) each other Person who beneficially owned (within the meaning of Rule 13d-3 under
the Exchange Act) 10% or more of the New Common Stock or otherwise was an affiliate of the Company as of the Effective Date. 

“Registration Statement” means a registration statement filed by the Company with the Commission in compliance with the
Securities Act for a public offering and sale of Registrable Securities (other than a registration statement on Form S-4 or Form S-8 (or any successor or substantially
similar form)), or in connection with (i) an employee stock option, stock purchase or compensation plan or securities issued or issuable pursuant to any such plan or (ii) a dividend reinvestment plan). 

“Securities Act” means the Securities Act of 1933, as amended. 

  
 3 

 “Selling Stockholder Questionnaire” means a questionnaire reasonably adopted by
the Company from time to time. 
 “Underwritten Offering” means an offering of Registrable Securities under
a Registration Statement in which the Registrable Securities are sold to an underwriter for reoffering to the public. 
 Section 2.
Initial Shelf and Demand Registration. 
 (a) Initial Shelf Registration. Following a request (the “Shelf
Request”) by Holders for the inclusion in the Initial Shelf Registration Statement (as defined below) of Registrable Securities constituting at least forty percent (40%) of all Registrable Securities (on a fully diluted basis assuming the
conversion of all Mandatorily Convertible Preferred Stock), and such Holders otherwise timely comply with the requirements of this Agreement with respect to the inclusion of such Registrable Securities in the Initial Shelf Registration Statement
(and have not by the 45th day after the date on which the Shelf Request was made revoked such request by written notice to the Company), the Company shall prepare a Shelf Registration Statement (as may be amended from time to time, the
“Initial Shelf Registration Statement”), and shall include in the Initial Shelf Registration Statement the Registrable Securities of each Holder who shall request inclusion therein (subject to such Holder providing a Selling
Stockholder Questionnaire at least three (3) business days prior to the required filing date) of some or all of their Registrable Securities by checking the appropriate box on the signature page of such Holder hereto or by written notice to the
Company no later than 30 days after the date on which the Shelf Request was made. The Company shall file the Initial Shelf Registration Statement with the Commission on or prior to the 60th day following the date on which the Shelf Request was made,
subject to postponement or blackout pursuant to a Valid Business Reason (as defined below) and in no event prior to the seventh business day after the Company has filed an Annual Report on Form 10-K under the
Exchange Act for the year ended December 31, 2017 (the “2017 Form 10-K”). 

(i) The Company shall include in the Initial Shelf Registration Statement all Registrable Securities whose inclusion has been
timely requested as aforesaid; provided, however, that the Company shall not be required to include an amount of Registrable Securities in excess of the amount as may be permitted to be included in such Registration Statement under the
rules and regulations of the Commission and the applicable interpretations thereof by the staff of the Commission. 
 (ii)
Upon the request of any Holder whose Registrable Securities are not included in the Initial Shelf Registration Statement (subject to such Holder providing a Selling Stockholder Questionnaire at least three (3) business days prior to the
required filing date), the Company shall amend the Initial Shelf Registration Statement to include the Registrable Securities of such Holder; provided that the Company shall not be required to amend the Initial Shelf Registration Statement
more than once every fiscal quarter of the Company. 

  
 4 

 (iii) Within ten (10) days after receiving a request pursuant to
Section 2(a)(ii), the Company shall give written notice of such request to all other Holders of Registrable Securities and shall include in such amendment all such Registrable Securities with respect to which the Company has received written
requests for inclusion therein within fifteen (15) days after the Company’s giving of such notice, provided that such Registrable Securities are not already covered by an existing and effective Registration Statement that may be
utilized for the offer and sale of the Registrable Securities requested to be registered in the manner so requested. 
 (iv)
The Initial Shelf Registration Statement shall be on Form S-1; provided, however, that, if the Company becomes eligible to register the Registrable Securities for resale by the Holders on Form S-3 (including without limitation a Form S-3 filed as an Automatic Shelf Registration Statement), the Company shall be entitled to amend the Initial Shelf Registration
Statement to a Shelf Registration Statement on Form S-3 or file a Shelf Registration Statement on Form S-3 in substitution of the Initial Shelf Registration Statement as
initially filed. 
 (v) The Company shall use its commercially reasonable efforts to cause the Initial Shelf Registration
Statement to be declared effective by the Commission as promptly as reasonably practicable, so long as, prior to the Company’s request for effectiveness, the Initial Shelf Registration Statement reflects or has been amended to reflect
post-Effective Date fresh-start accounting, and shall use its commercially reasonable efforts to keep such Initial Shelf Registration Statement continuously effective, and not subject to any stop order, injunction or other similar order or
requirement of the Commission (subject to postponement or blackout pursuant to a Valid Business Reason), until the earlier of (i) three (3) years following the Effective Date of such Shelf Registration Statement and (ii) the date that all
Registrable Securities covered by the Initial Shelf Registration Statement shall cease to be Registrable Securities (such earlier date, the “Initial Shelf Expiration Date”). In the event of any stop order, injunction or other
similar order or requirement of the Commission relating to the Initial Shelf Registration Statement, if any Registrable Securities covered by the Initial Shelf Registration Statement remain unsold, the period during which the Initial Shelf
Registration Statement shall be required to remain effective will be extended by the number of days during which such stop order, injunction or similar order or requirement is in effect. 

A. After (i) the Effective Date of the Initial Shelf Registration Statement and prior to the Initial Shelf Expiration Date
and (ii) for so long as any Registrable Securities remain outstanding, the Company shall use its commercially reasonable efforts to (A) ensure that it will be eligible to register the Registrable Securities on Form S-3 after the Initial Shelf Expiration Date, and (B) meet the requirements of General Instruction VII of Form S-1 after the Initial Shelf Expiration Date. 

B. After the Initial Shelf Expiration Date and for so long as any Registrable Securities remain outstanding, the Company shall
use its commercially reasonable efforts to (A) be eligible and/or to maintain its eligibility to register the Registrable Securities on Form S-3, and (B) meet the requirements of General Instruction
VII of Form S-1. 

  
 5 

 C. After the Initial Shelf Expiration Date and for so long as any Registrable
Securities remain outstanding, if there is not an effective Registration Statement which includes the Registrable Securities that are currently outstanding, the Company shall (i) if the Company is eligible to register the Registrable Securities
on Form S-3, promptly file a Shelf Registration Statement on Form S-3 and use its commercially reasonable efforts to cause such Registration Statement to be declared
effective or (ii) promptly file a Shelf Registration Statement on Form S-1 and use its commercially reasonable efforts to cause such Registration Statement to be declared effective and for so long as any
Registrable Securities covered by such Shelf Registration on Form S-1 remain unsold, the Company will file any supplements to the Prospectus or post-effective amendments required to be filed by applicable law
in order to incorporate into such Prospectus any Current Reports on Form 8-K necessary or required to be filed by applicable law, any Quarterly Reports on Form 10-Q or
any Annual Reports on Form 10-K filed by the Company with the Commission, or any other information necessary so that (x) such Shelf Registration shall not include any untrue statement of material fact or
omit to state any material fact required to be stated therein or necessary in order to make the statements therein not misleading, and (y) the Company complies with its obligations under Item 512(a)(1) of Regulation S-K; provided, however, that these obligations remain subject to the Company’s rights under Section 4(b)(i) of this Agreement. 

(vi) If the Initial Shelf Registration Statement is on Form S-1, then for so long as
any Registrable Securities covered by the Initial Shelf Registration Statement remain unsold, the Company will file any supplements to the Prospectus or post-effective amendments required to be filed by applicable law in order to incorporate into
such Prospectus any Current Reports on Form 8-K necessary or required to be filed by applicable law, any Quarterly Reports on Form 10-Q or any Annual Reports on Form 10-K filed by the Company with the Commission, or any other information necessary so that (i) the Initial Shelf Registration Statement shall not include any untrue statement of material fact or omit to state
any material fact required to be stated therein or necessary to make the statements therein not misleading, and (ii) the Company complies with its obligations under Item 512(a)(1) of Regulation S-K;
provided, however, that these obligations remain subject to the Company’s rights under Section 4(b)(i) of this Agreement. 

(vii) Upon the demand of one or more Holders, the Company shall facilitate a “takedown” of Registrable Securities in
the form of an Underwritten Offering (each, an “Underwritten Takedown”), in the manner and subject to the conditions described in Section 2(f) of this Agreement, provided that (i) the number of securities included
in such “takedown” shall equal at least twenty-five percent (25%) of all Registrable Securities at such time (assuming the conversion of all Mandatorily Convertible Preferred Stock) or (ii) the Registrable Securities requested to be
sold by the Holders in such “takedown” shall have an anticipated aggregate gross offering price (before deducting underwriting discounts and commission) of at least $25,000,000. 

  
 6 

 (b) Request for Demand Registration. At any time and from time to time,
following the Effective Date, any of the Initiating Holders may make a written request to the Company to register, and the Company shall register on a Registration Statement, under the Securities Act (other than pursuant to a Registration Statement
on Form S-4 or S-8, or with respect to shares issued in an acquisition or any debt securities), in accordance with the terms of this Agreement (a “Demand
Registration”), the number of Registrable Securities stated in such request (subject to such Holder providing a Selling Stockholder Questionnaire at least three (3) business days prior to the required filing date); provided,
however, that the Company shall not be obligated to effect (i) more than three (3) such Demand Registrations, provided, however, that a Demand Registration shall not be considered made for purposes of this clause
(i) unless the requested Registration Statement has been declared effective by the Commission for more than 75% of the full amount of Registrable Securities for which registration has been requested, (ii) a Demand Registration if the
Initiating Holders propose to sell Registrable Securities in such Demand Registration at an anticipated aggregate gross offering price (before deducting underwriting discounts and commissions) (calculated based upon the trading price of the
Registrable Securities on the date on which the Company receives the written request for such Demand Registration) to the public of less than $25,000,000 unless such Demand Registration includes all of the then-outstanding Registrable Securities or
(iii) any such Demand Registration within ninety (90) days of the effective date of a prior Registration Statement for an offering of Common Stock (or such shorter period as the Company may determine in its sole discretion) after the
effective date of any other Registration Statement of the Company (other than a Registration Statement on Form S-4 or S-8, or with respect to shares issued in an
acquisition or any debt securities). In addition, if the Board of Directors of the Company, in its good faith judgment, determines that any registration of Registrable Securities should not be made or continued because it would materially interfere
with any material or potentially material financing, acquisition, corporate reorganization or merger or other transaction involving the Company, including negotiations related thereto, or require the Company to disclose any material nonpublic
information which would reasonably be likely to be detrimental to the Company or otherwise make it undesirable for the Company to complete any shelf registration statement required hereby or a Demand Registration at that time (a “Valid
Business Reason”), (x) the Company may postpone filing a Registration Statement (but not the preparation of the Registration Statement) relating to any shelf registration required hereby or a Demand Registration until such Valid
Business Reason no longer exists, but in no event for more than ninety (90) days after the date when the Demand Registration was requested or, if later, after the occurrence of the Valid Business Reason and (y) in case a Registration
Statement has been filed relating to any shelf registration statement required hereby or a Demand Registration, the Company may postpone amending or supplementing such Registration Statement (in which case, if the Valid Business Reason no longer
exists or if more than one 90-day period has passed since such postponement, the Initiating Holders may request a new shelf registration or Demand Registration (which request shall not be counted as an
additional Demand Registration for purposes of clause (i) above) or request the prompt amendment or supplement of such Registration Statement). The Company 

  
 7 

 
shall give written notice to all Holders participating in the relevant Registration Statement of its determination to postpone filing, amending or supplementing a Registration Statement and of
the fact that the Valid Business Reason for such postponement no longer exists, in each case, promptly after the occurrence thereof. Notwithstanding anything to the contrary contained herein, the Company may not postpone a filing, amendment or
supplement under this Section 2(b) due to a Valid Business Reason for more than one hundred twenty (120) days in the aggregate in any twelve month period. Each request for a Demand Registration by the Initiating Holders shall state the
type and amount of the Registrable Securities proposed to be sold and the intended method of disposition thereof. 
 (c) Demand
Registration Underwritten Offering. If the Initiating Holders so elect, the Company shall use its commercially reasonable efforts to cause the offering made pursuant to such Demand Registration pursuant to Section 2(b) to be in the form of
a firm commitment underwritten offering and the managing underwriter or underwriters selected for such offering shall be the Approved Underwriter selected in accordance with Section 2(f)(iv) hereof. 

(d) Incidental or “Piggy-Back” Rights with Respect to a Demand Registration. Any
Holder which has not requested a registration under Section 2(b) hereof may, pursuant to this Section 2(d), offer its Registrable Securities under any Demand Registration. The Company may also offer its Common Stock under any Demand
Registration. The Company shall (i) as promptly as practicable, give written notice thereof to all of the Holders (other than the Initiating Holders), which notice shall specify the type and number of Registrable Securities subject to the
request for Demand Registration, the names of the Initiating Holders and the intended method of disposition of such Registrable Securities, and (ii) subject to Section 2(f)(ii) hereof, include in the Registration Statement filed pursuant
to the Demand Registration all of the Registrable Securities held by such Holders from whom the Company has received a written request for inclusion therein within ten days of the date on which the Company sent the written notice referred to in
clause (i) above. Each such request by such Holders shall specify the type and number of Registrable Securities proposed to be registered. The failure of any Holder to respond within such ten-day
period referred to in clause (ii) above shall be deemed to be a waiver of such Holder’s rights under this Section 2(d) with respect to such Demand Registration. Any Holder may waive its rights under this Section 2(d) by giving
written notice to the Company. 
 (e) Effective Demand Registration. Subject to Section 2(b), the Company shall
use its commercially reasonable efforts to (i) file a Registration Statement relating to the Demand Registration as promptly as practicable thereafter and in any event, no later than sixty (60) days after it receives a request under
Section 2(b) hereof (provided that the Company shall not be required to file a Registration Statement prior to the filing of the 2017 Form 10-K), (ii) cause such Registration Statement to become effective
as promptly as practicable thereafter, 

  
 8 

 
so long as, prior to the Company’s request for effectiveness, the Registration Statement reflects or has been amended to reflect post-Effective Date fresh-start accounting, and
(iii) cause such Registration Statement to remain continuously effective (subject to postponement or blackout pursuant to a Valid Business Reason) for the lesser of (i) the period during which all Registrable Securities registered in the
Demand Registration are sold or (ii) one hundred twenty (120) days. 
 (f) Underwriting Procedures. The following
procedures shall govern Underwritten Offerings pursuant to Section 2(a)(vii) or Section 2(c), whether in the case of an Underwritten Takedown or otherwise. 

(i) None of the Registrable Securities held by any Holder making a request for inclusion of such Registrable Securities
pursuant to Section 2(a)(vii) or 2(c) hereof shall be included in such underwritten offering unless such Holder (i) accepts the terms of the offering as agreed upon by the Company, the Initiating Holders and the Approved Underwriter
(including, without limitation, offering price, underwriting commissions or discounts and lockup agreement terms), and then only in such quantity as set forth below and (ii) completes and executes a Selling Stockholder Questionnaire and all
customary reasonable questionnaires, powers of attorney, indemnities, underwriting agreements, lock-up letters and other documents required under the terms of such underwriting arrangements; provided, that no
Holder of Registrable Securities included in an Underwritten Offering shall be required to make any representations or warranties to the Company (other than representations and warranties regarding (A) such Holder’s ownership of its
Registrable Securities to be sold or transferred, (B) such Holder’s power and authority to effect such transfer and (C) such matters pertaining to compliance with securities laws as may be reasonably requested). 

(ii) If the Approved Underwriter advises the Company that the aggregate amount of such Registrable Securities requested to be
included in such offering is sufficiently large to have a material adverse effect on the distribution or sales price of the Registrable Securities in such offering, the number of Registrable Securities to be registered on such Registration Statement
will be reduced as follows: first, the Company shall reduce or eliminate the securities of the Company to be included by any Person other than a Holder or the Company; second, the Company shall reduce or eliminate any securities of the
Company to be included by the Company; and third, the Company shall reduce the number of Registrable Securities to be included by Holders on a pro rata basis based on the total number of Registrable Securities requested by the Holders to be
included in the Underwritten Offering. 
 (iii) Within ten (10) days after receiving a request for an Underwritten
Offering constituting a “takedown” from a Shelf Registration Statement, the Company shall give written notice of such request to all other Holders, and subject to the provisions of Section 2(f)(ii) hereof, include
in such Underwritten Offering all such Registrable Securities with respect to which the 

  
 9 

 
Company has received written requests for inclusion therein within ten (10) days after the Company’s giving of such notice; provided, however, that such Registrable
Securities are covered by an existing and effective Shelf Registration Statement that may be utilized for the offering and sale of the Registrable Securities requested to be registered. 

(iv) (A) The Majority Holders shall select one or more investment banking firm(s) of national standing to be the managing
underwriter or underwriters for any Underwritten Offering pursuant to a Demand Registration or an Underwritten Takedown with the consent of the Company, which consent shall not be unreasonably withheld, conditioned or delayed and (B) the
Company shall select one or more investment banking firms of national standing to be the managing underwriter or underwriters for any other Underwritten Offering with the consent of the Majority Holders, which consent shall not be unreasonably
withheld, conditioned or delayed. 
 (g) Withdrawal. The Initiating Holders shall be entitled to withdraw or revoke a
request for a Demand Registration without the prior written consent of the Company if (i) such withdrawal or revocation is as a result of facts or circumstances arising after the date on which a request for a Demand Registration was made and
the Initiating Holders reasonably determine that participation in such registration would have a material adverse effect on the Initiating Holders, (ii) the Closing Price is more than twenty percent lower than the Closing Price on the date the
Initiating Holders requested such Demand Registration or (iii) the Initiating Holders agree to pay all fees and expenses incurred by the Company in connection with such withdrawn registration (each, a “Permitted Withdrawal”).
If a Permitted Withdrawal occurs under clause (i) above, the related Demand Registration shall be counted as a Demand Registration for purposes of Section 2(b) hereof, and if a Permitted Withdrawal occurs under clauses (ii) or
(iii) above, the related Demand Registration shall not be counted as a Demand Registration for purposes of Section 2(b) hereof. Any Permitted Withdrawal shall constitute and effect an automatic withdrawal by all Initiating Holders and any
other Holder participating in such Demand Registration pursuant to the provisions of Section 2(d) hereof. 
 Section 3.
Incidental or “Piggy-Back” Registration 
 (a) Request for Incidental or
“Piggy-Back” Registration. At any time after the Effective Date, if the Company proposes to (i) file a Registration Statement with respect to an offering of Common Stock by the Company for its own
account (other than a Registration Statement on Form S-4 or S-8, or with respect to shares issued in an acquisition or any debt securities or a registration
statement on Form S-1 or Form S-3 covering solely an employee benefit or dividend reinvestment plan) or for the account of any stockholder of the Company other than
Holders pursuant to Section 2 hereof or (ii) conduct an underwritten offering constituting a “takedown” of a class of Mandatorily Convertible Preferred Stock or New Common Stock or any securities convertible or exercisable into
New 

  
 10 

 
Common Stock registered under a shelf registration statement previously filed by the Company, then the Company shall give written notice of such proposed filing to each of the Holders at least
ten days before the anticipated filing date, which notice shall describe the proposed registration and distribution and offer such Holders the opportunity to register the number of Registrable Securities that each such Holder may request (an
“Incidental Registration”). The Company shall use its commercially reasonable efforts to cause the managing underwriter or underwriters in the case of a proposed underwritten offering (the “Company Underwriter”) to
permit each Holder who has requested in writing to participate in the Incidental Registration pursuant to this Section 3(a) to include the number of such Holder’s Registrable Securities indicated by such Holder in such offering on the same
terms and conditions as the Common Stock of the Company or the account of such other stockholder, as the case may be, included therein. Any withdrawal of the Registration Statement by the Company for any reason shall constitute and effect an
automatic withdrawal of any Incidental Registration related thereto. In connection with any Incidental Registration under this Section 3(a) involving an underwritten offering, the Company shall not be required to include any Registrable
Securities in such underwritten offering unless the Holders thereof accept the terms of the underwritten offering as agreed upon between the Company, such other stockholders, if any, and the Company Underwriter (including, without limitation,
offering price, underwriting commissions or discounts and lock-up agreement terms), and then only in such quantity as set forth below. If the Company Underwriter determines that the aggregate amount of the
securities requested to be included in such offering is sufficiently large to have a material adverse effect on the distribution or sales price of the securities in such offering, then 

(i) if such offering an underwritten primary offering by the Company for its own account, the Company will include in such
offering: (A) first, all securities to be offered by the Company; (B) second, up to the full amount of securities requested to be included in such offering by the Holders; and (C) third, up to the full amount of
securities requested to be included in such offering by all other stockholders; 
 (ii) if such offering is an underwritten
secondary offering for the account of other stockholders exercising “demand” rights (including pursuant to a Demand Registration), the Company will include in such registration: (A) first, all securities of the other
stockholders exercising “demand” rights (including pursuant to a Demand Registration) requested to be included therein; (B) second, up to the full amount of securities requested to be included in such offering by the Holders
entitled to participate therein, allocated pro rata among such Holders on the basis of the amount of securities requested to be included therein by each such Holder; (C) third, up to the full amount of securities proposed to be included
in the registration by the Company; and (D) fourth, up to the full amount of securities requested to be included in such offering by the other stockholders entitled to participate therein, allocated pro rata among such other stockholders
on the basis of the amount of securities requested to be included therein by each such other stockholders; 

  
 11 

 such that, in each case, the total amount of securities to be included in such offering is the full amount that,
in the view of such Company Underwriter, can be sold without materially adversely affecting the success of such offering. 
 For purposes of
clarity and the avoidance of doubt, in the event of a Company initiated Incidental Registration or other Registration Statement initiated by the Company, the Company shall at all times have the right (but not the obligation) to include all of its
securities before any other stockholder, including any Holder, may include any of its securities. The Company shall have the right to terminate or withdraw any Incidental Registration prior to effectiveness, whether or not any Holder has elected to
include Registrable Securities in such Incidental Registration. 
 Section 4. Registration Procedures. 

(a) In connection with any Registration Statement and any Prospectus required by this Agreement to permit the sale or resale of Registrable
Securities, the Company shall: 
 (i) use commercially reasonable efforts to keep such Registration Statement continuously
effective during the period required by this Agreement and provide all requisite financial statements for such period; upon the occurrence of any event that would cause any such Registration Statement or the Prospectus contained therein (A) to
contain a material misstatement or omission or (B) not to be effective and usable for resale of Registrable Securities during the period required by this Agreement, the Company shall as promptly as reasonably practicable file an appropriate
amendment to such Registration Statement, in the case of clause (A), correcting any such misstatement or omission, and, if Commission review is required, shall use commercially reasonable efforts to cause such amendment to be declared effective and
such Registration Statement and the related Prospectus to become usable for their intended purpose(s) as soon as practicable thereafter; 

(ii) use commercially reasonable efforts to prepare and file with the Commission such amendments and post-effective amendments
to the Registration Statement as may be necessary to keep the Registration Statement effective time for the period required by this Agreement; cause the Prospectus to be supplemented by any required Prospectus supplement, and as so supplemented to
be filed pursuant to Rule 424 under the Securities Act, and to comply fully with any applicable provisions of Rules 424 and 430A under the Securities Act in a timely manner; and to comply with the provisions of the Securities Act with respect to the
disposition of all securities covered by such Registration Statement during the period required by this Agreement in accordance with the intended method or methods of distribution by the sellers thereof set forth in such Registration Statement or
supplement to the Prospectus; 

  
 12 

 (iii) advise each Holder whose Registrable Securities have been included in a
Registration Statement, (A) when the Prospectus or any Prospectus supplement or post-effective amendment has been filed, and, with respect to such Registration Statement or any post-effective amendment thereto, when the same has become
effective, (B) of any request by the Commission for amendments to the Registration Statement or amendments or supplements to the Prospectus or for additional information relating thereto, (C) of the issuance by the Commission of any stop
order suspending the effectiveness of the Registration Statement under the Securities Act or of the suspension by any state securities commission of the qualification of the Registrable Securities for offering or sale in any jurisdiction, or the
initiation of any proceeding for any of the preceding purposes, (D) of the happening of any event that makes any statement of a material fact made in the Registration Statement, the Prospectus, any amendment or supplement thereto or any
document incorporated by reference therein untrue, or that requires the making of any additions to or changes in the Registration Statement or the Prospectus in order to make the statements therein not misleading. If at any time the Commission shall
issue any stop order suspending the effectiveness of the Registration Statement, or any state securities commission or other regulatory authority shall issue an order suspending the qualification or exemption from qualification of the Registrable
Securities under state securities or blue sky laws, the Company shall use commercially reasonable efforts to obtain the withdrawal or lifting of such order at the earliest possible time; 

(iv) furnish without charge, upon request, to each selling Holder named in a Registration Statement, and each of the
underwriter(s), if any, before filing with the Commission, copies of the Registration Statement or any Prospectus included therein or any amendments or supplements to any such Registration Statement or Prospectus (including all documents
incorporated by reference after the initial filing of such Registration Statement to the extent not then available via the Commission’s EDGAR system, but only to the extent they expressly relate to any offering to be effected thereunder), which
documents will be subject to the review and comment of such Holders and underwriter(s) in connection with such sale, if any, for a period of at least three Business Days, and the Company will not file any such Registration Statement or Prospectus or
any amendment or supplement to any such Registration Statement or Prospectus (including all such documents incorporated by reference, but only to the extent they expressly relate to any offering to be effected thereunder) to which a Holder of
Registrable Securities covered by such Registration Statement or the underwriter(s), if any, shall reasonably object in writing within three Business Days after the receipt thereof (such objection to be deemed timely made upon confirmation of
telecopy transmission within such period). The objection of a Holder or underwriter, if any, shall be deemed to be reasonable if such Registration Statement, amendment, Prospectus or supplement, as applicable, as proposed to be filed, contains a
material misstatement or omission. Notwithstanding the foregoing, the Company shall not be required to take, or refrain from taking, any actions under this clause (iv) that are not, in the reasonable opinion of counsel for the Company, in
compliance with applicable law; 

  
 13 

 (v) promptly prior to the filing of any document that is to be incorporated by
reference into a Registration Statement or Prospectus (but only to the extent such incorporated document expressly relates to any offering to be effected thereunder) in connection with such registration or sale, if any, provide copies of such
document to each selling Holder named in the Registration Statement in connection with such registration or sale, if any, and to the underwriter(s), if any, make the Company’s representatives available for discussion of such document and other
customary due diligence matters subject to execution and delivery of customary confidentiality agreements, and include such information in such document prior to the filing thereof as such selling Holders or underwriter(s), if any, reasonably may
request to correct any material misstatement or omission contained therein or omitted therefrom or in order to comply with the applicable requirements of the Securities Act or the rules and regulations promulgated thereunder; 

(vi) make available at reasonable times for inspection by the selling Holders, the underwriter(s), if any, participating in
any disposition pursuant to such Registration Statement and any attorney or accountant retained by such selling Holders or any of the underwriter(s), all financial and other records, pertinent corporate documents and properties of the Company and
cause the Company’s officers, directors and employees to supply all information reasonably requested by any such Holder, underwriter, attorney or accountant in connection with such Registration Statement or any post-effective amendment thereto
subsequent to the filing thereof and prior to its effectiveness and to participate in meetings with investors to the extent requested by the underwriter(s), if any; provided that any Holder, underwriter or representative of any Holder or
underwriter requesting or receiving such information shall agree to be bound by reasonable confidentiality agreements and procedures with respect thereto; 

(vii) if requested by any selling Holders or the underwriter(s), if any, promptly incorporate in any Registration Statement or
Prospectus, pursuant to a supplement or post-effective amendment if necessary, such information as such selling Holders and underwriter(s), if any, may reasonably request to have included therein to correct any material misstatement or omission
contained therein or omitted therefrom or in order to comply with the applicable requirements of the Securities Act or the rules and regulations promulgated thereunder, including, without limitation, information relating to the “Plan of
Distribution” of the Registrable Securities, information with respect to the number of Registrable Securities being sold to such underwriter(s), the purchase price being paid therefor and any other terms of the offering of the Registrable
Securities to be sold in such offering; and make all required filings of such Prospectus supplement or post-effective amendment as soon as practicable after the Company is notified of the matters to be incorporated in such Prospectus supplement or
post-effective amendment; 
 (viii) upon request, furnish to each selling Holder and each of the underwriter(s), if any,
without charge, at least one copy of the Registration Statement, as first filed with the Commission, and of each amendment thereto, including financial statements and schedules (without all documents incorporated by reference therein or exhibits
thereto, unless requested); 

  
 14 

 (ix) upon request, deliver to each selling Holder and each of the
underwriter(s), if any, without charge, as many copies of the Prospectus (including each preliminary prospectus) and any amendment or supplement thereto as such Persons reasonably may request; provided, that if no Registration Statement is
effective or no Prospectus is usable, the Company shall deliver to each selling Holder a notice to that effect in response to such request; the Company hereby consents to the use (in accordance with law and this Agreement) of the Prospectus and any
amendment or supplement thereto by each of the selling Holders and each of the underwriter(s), if any, in connection with the offering and the sale of the Registrable Securities covered by the Prospectus or any amendment or supplement thereto; 

(x) upon the reasonable request of such Holder, use commercially reasonable efforts to enter into such agreements (including
an underwriting agreement containing customary terms), and make such representations and warranties, and take all such other actions in connection therewith in order to expedite or facilitate the disposition of the Registrable Securities pursuant to
a Registration Statement contemplated by this Agreement, all to such extent as may be customarily and reasonably requested by any Holder of Registrable Securities or underwriter in connection with any sale or resale pursuant to a Registration
Statement contemplated by this Agreement, including customary 180-day lock-up provisions (or such shorter period as agreed with the underwriter(s)); and whether or not
an underwriting agreement is entered into and whether or not the registration is an underwritten registration, the Company shall use its commercially reasonable best efforts to: 

(A) furnish to each underwriter, if any, in such substance and scope as they may reasonably request and as are customarily made
by issuers to underwriters in primary underwritten offerings, upon the date of the effectiveness of the Registration Statement: 

(1) an opinion and 10b-5 letter in customary form of counsel for the Company, covering
the matters customarily covered in opinions and 10b-5 letters requested in similar underwritten offerings and such other matters as such parties may reasonably request; and 

(2) obtain a customary comfort letter, dated the date of the underwriting agreement and another dated the date of the closing
under the underwriting agreement, from the Company’s independent accountants, in the customary form and covering matters of the type customarily requested to be covered in comfort letters by underwriters in connection with primary underwritten
offerings; 
 (B) deliver such other documents and certificates as may be reasonably requested by such parties to evidence
compliance with clause (A) above and with any customary conditions contained in the underwriting agreement or other agreement entered into by the Company; 

  
 15 

 (xi) prior to any public offering of Registrable Securities, cooperate with the
selling Holders, the underwriter(s), if any, and their respective counsel in connection with the registration and qualification of the Registrable Securities under the state securities or blue sky laws of such jurisdictions within the United States
of America as the selling Holders or underwriter(s), if any, may reasonably request and do such other acts or things reasonably necessary or advisable to permit the disposition in such jurisdictions of the Registrable Securities covered by the
Registration Statement in a manner that is in compliance with the applicable laws of such jurisdiction provided that the Company will not be required to (A) qualify generally to do business in any jurisdiction where it would not
otherwise be required to qualify but for this paragraph (xi), (B) conform its capitalization or the composition of its assets at the time to the securities or blue sky laws of any such jurisdiction, (C) subject itself to taxation in any such
jurisdiction or (D) consent to general service of process in any such jurisdiction; 
 (xii) if any fact or event
contemplated by Section 4(a)(iii)(D) hereof shall exist or have occurred, prepare a supplement or post-effective amendment to the Registration Statement or related Prospectus or any document incorporated therein by reference or file any other
required document so that, as thereafter delivered to the purchasers of Registrable Securities, the Prospectus will not contain an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements
therein not misleading; 
 (xiii) cause its executive officers to use their commercially reasonable efforts to support the
marketing of the Registrable Securities covered by the Registration Statement (including participation in “road shows” in a customary manner) taking into account the Company’s business needs; 

(xiv) cooperate and assist in any filings required to be made with FINRA and in the performance of any due diligence
investigation by any underwriter (including any “qualified independent underwriter”) that is required to be retained in accordance with the rules and regulations of FINRA; and 

(xv) otherwise use commercially reasonable efforts to comply with all applicable rules and regulations of the Commission, and
make generally available to its security holders, as soon as practicable, a consolidated earnings statement meeting the requirements of Rule 158 under the Securities Act (which need not be audited) for the twelve-month period commencing after the
effective date of the Registration Statement. 
 (b) Restrictions on Holders. 

(i) Subject to the provisions of this Section 4(b), following the effectiveness of a Registration Statement, the Company
may direct the Holders, in accordance with Section 4(b)(ii), to suspend sales of Registrable Securities pursuant to such Registration Statement and the use of any Prospectus or preliminary Prospectus contained therein for such times as the
Company reasonably may determine are necessary and advisable (but in no event, (A) in the case of clause (1) below, for more than 60 consecutive days and (B) in the case of clauses (1), (2) and (3) below, for more than an
aggregate of one hundred twenty (120) days in any consecutive 12-month period commencing on the date hereof or more than ninety (90) days in any consecutive
120-day 

  
 16 

 
period, except, in the case of clause (B), as a result of a review of any post-effective amendment by the Commission prior to declaring any post-effective amendment to the Registration Statement
effective, provided that the Company has used its commercially reasonable efforts to cause such post-effective amendment to be declared effective), if any of the following events shall occur: (1) the representative of the underwriters of
an underwritten offering of Common Stock has advised the Company that the sale of Registrable Securities pursuant to such Registration Statement would have a material adverse effect on such underwritten offering; (2) the majority of the
Company’s board of directors shall have determined in good faith that (a) the offer or sale of any Registrable Securities would materially impede, delay or interfere with any material or potentially material financing, acquisition,
corporate reorganization or merger or other transaction involving the Company, including negotiations related thereto, (b) upon the advice of counsel, the sale of Registrable Securities pursuant to such Registration Statement would require
disclosure of non-public material information not otherwise required to be disclosed under applicable laws or (c) (i) the Company has a bona fide business purpose for preserving the confidentiality of
such transaction, (ii) disclosure would have a material adverse effect on the Company or the Company’s ability to consummate such transaction or (iii) the proposed transaction renders the Company unable to comply with Commission
requirements, in each case under circumstances that would make it impractical or inadvisable to cause the Registration Statement to become effective or to promptly amend or supplement the Registration Statement on a post-effective basis, as
applicable; or (3) the majority of the Company’s board of directors shall have determined in good faith that it is required by law, rule or regulation or Commission-published release or interpretation to supplement the Registration
Statement or file a post-effective amendment to the Registration Statement in order to incorporate information into the Registration Statement, including for the purpose of (a) including in the Registration Statement any prospectus required
under Section 10(a)(3) of the Securities Act, (b) reflecting in the Prospectus any facts or events arising after the effective date of the Registration Statement (or of the most recent post-effective amendment) that, individually or in the
aggregate, represents a fundamental change in the information set forth therein, or (c) including in the Prospectus any material information with respect to the plan of distribution not disclosed in the Registration Statement or any material
change to such information. Upon the occurrence of any such suspension, the Company shall use commercially reasonable efforts to cause the Registration Statement to become effective or to promptly amend or supplement the Registration Statement on a
post-effective basis or to take such action as is necessary to make resumed use of the Registration Statement compatible with the Company’s best interests, as applicable, so as to permit the Holders to resume sales of Registrable Securities as
soon as possible. 
 (ii) Each Holder agrees that, upon receipt of the notice referred to in Section 4(a)(iii)(C), any
notice from the Company of the existence of any fact of the kind described in Section 4(a)(iii)(D) hereof or a notice from the Company of any of the events set forth in Section 4(b)(i) (in each case, a “Suspension
Notice”), such Holder will forthwith discontinue disposition of Registrable Securities pursuant to the Registration Statement until (A) such Holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by
Section 4(a)(xii) hereof, or (B) it is advised in writing by the Company that the use of the Prospectus may be resumed, and has received copies of any 

  
 17 

 
additional or supplemental filings that are incorporated by reference in the Prospectus. Each Holder receiving a Suspension Notice hereby agrees that it will either (1) destroy any
Prospectuses, other than permanent file copies, then in such Holder’s possession that have been replaced by the Company with more recently dated Prospectuses, or (2) deliver to the Company (at the Company’s expense) all copies,
other than permanent file copies then in such Holder’s possession, of the Prospectus covering such Registrable Securities that was current at the time of receipt of such notice. 

(iii) In addition, at least ten (10) business days prior to the first anticipated filing date of a Registration Statement
for any registration under this Agreement, the Company will notify each Holder of the information the Company requires from that Holder, including any update to or confirmation of the information contained in the Selling Stockholder Questionnaire,
if any, which shall be completed and delivered to the Company promptly upon request and, in any event, within five (5) business days prior to the applicable anticipated filing date; and provided further that any Registrable Securities of
a Holder shall not be included in meeting any demand threshold set forth in this Agreement if it has not promptly provided a Selling Stockholder Questionnaire, or updates thereto, as reasonably requested by the Company. Each Holder further agrees
that it shall not be entitled to be named as a selling security-holder in the Registration Statement or use the Prospectus for offers and resales of Registrable Securities at any time, unless such Holder has returned to the Company a completed and
signed Selling Stockholder Questionnaire and a response to any requests for further information as described in the previous sentence and, if an Underwritten Offering, entered into an underwriting agreement with the underwriters and a lock-up letter in accordance with Section 2(f) and Section 4(a), as applicable. If a Holder of Registrable Securities returns a Selling Stockholder Questionnaire
or a request for further information, in either case, after its respective deadline, the Company shall be permitted to exclude such Holder from being a selling security holder in the Registration Statement or any
pre-effective or post-effective amendment thereto. Each Holder acknowledges and agrees that the information in the Selling Stockholder Questionnaire or request for further information as described in this
Section 4 will be used by the Company in the preparation of the Registration Statement and hereby consents to the inclusion of such information in the Registration Statement. 

Section 5. Registration Expenses. Except as provided in Section 2(g) hereof, all expenses incident to the Company’s
performance of or compliance with this Agreement will be borne by the Company regardless of whether a Registration Statement becomes effective, including, without limitation: (i) all registration and filing fees and expenses (including filings
made by any Holder with FINRA (and, if applicable, the fees and expenses of any “qualified independent underwriter” and its counsel that may be required by the rules and regulations of FINRA)); (ii) all fees and expenses of compliance with
federal securities and state securities or blue sky laws; (iii) all fees and disbursements of counsel for the Company and reasonable and documented fees and disbursements for one counsel for all of the Holders of Registrable Securities; and
(iv) all fees and disbursements of independent certified public accountants of the Company (including the expenses of any special audit and comfort letters required by or incident to such performance). The Company shall have no obligation to
pay any underwriting fees, discounts or commissions attributable to the sale of Registrable Securities or any transfer taxes relating to the registration or sale of the Registrable Securities, which shall be paid by the Holders. 

  
 18 

 The Company will, in any event, bear its internal expenses (including, without limitation, all
salaries and expenses of its officers and employees performing legal or accounting duties), the expenses of any annual audit and the fees and expenses of any Person, including special experts, retained by the Company. 

Section 6. Indemnification. 

(a) The Company agrees to indemnify and hold harmless (i) each Holder and (ii) each Person, if any, who controls (within the meaning
of Section 15 of the Securities Act or Section 20 of the Exchange Act) any Holder (any of the Persons referred to in this clause (ii) being hereinafter referred to as a “controlling person”) and (iii) the respective
officers, directors, partners, members, investment managers, employees, representatives and agents of any Holder or any controlling person (any Person referred to in clause (i), (ii) or (iii) may hereinafter be referred to as an
“Indemnified Holder”), to the fullest extent lawful, from and against any and all losses, claims, damages, liabilities, judgments, actions and expenses (including, without limitation, and as incurred, reimbursement of all reasonable
out-of-pocket costs of investigating, preparing, pursuing, settling, compromising, paying or defending any claim or action, or any investigation or proceeding by any
governmental agency or body, commenced or threatened, including the reasonable fees and expenses of counsel to any Indemnified Holder), directly or indirectly caused by, related to, based upon, arising out of or in connection with any untrue
statement or alleged untrue statement of a material fact contained in a Registration Statement or Prospectus (or any amendment or supplement thereto), or any omission or alleged omission to state therein a material fact required to be stated therein
or necessary to make the statements therein not misleading, except insofar as such losses, claims, damages, liabilities or expenses are caused by an untrue statement or omission or alleged untrue statement or omission that is based upon information
relating to such Holder furnished in writing to the Company by or on behalf of such Holder expressly for use therein or out of sales of Registrable Securities made during a suspension period after notice is given pursuant to Section 4(b)
hereof. This indemnity agreement shall be in addition to any liability that the Company may otherwise have. 
 In case any action or
proceeding (including any governmental or regulatory investigation or proceeding) shall be brought or asserted against any of the Indemnified Holders with respect to which indemnity may be sought against the Company, such Indemnified Holder (or the
Indemnified Holder controlled by such controlling person) shall promptly notify the Company in writing; provided, however, that the failure to give such notice shall not relieve the Company of its obligations pursuant to this Agreement
except to the extent that it had been materially prejudiced by such failure (through forfeiture of substantive rights). The Company may assume the defense of such action or proceeding at its own expense, with counsel reasonably satisfactory to such
Indemnified Holder, unless such assumption would be inappropriate due to actual or potential differing or conflicting interests between the Company and the Indemnified Holder. In any such proceeding so assumed by the Company, any Indemnified Holder
shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified Holder unless (i) the Company and the 

  
 19 

 
Indemnified Holder shall have mutually agreed to the retention of such counsel, (ii) representation of both parties by the same counsel would be inappropriate due to actual or potential
differing or conflicting interests between them or (iii) the Company does not assume the defense of such action or proceeding. The Company shall not, in connection with any one such action or proceeding or separate but substantially similar or
related actions or proceedings in the same jurisdiction arising out of the same general allegations or circumstances, be liable for the reasonable fees and expenses of more than one separate firm of attorneys (in addition to any local counsel) at
any time for such Indemnified Holders, which firm shall be designated by the Holders. The Company shall be liable for any settlement of any such action or proceeding effected with the Company’s prior written consent, which consent shall not be
withheld unreasonably, and the Company agrees to indemnify and hold harmless any Indemnified Holder from and against any loss, claim, damage, liability or reasonable
out-of-pocket expense by reason of any settlement of any action effected with the written consent of the Company. The Company shall not, without the prior written
consent of each Indemnified Holder, settle or compromise or consent to the entry of judgment in or otherwise seek to terminate any pending or threatened action, claim, litigation or proceeding in respect of which indemnification or contribution may
be sought hereunder (whether or not any Indemnified Holder is a party thereto), unless such settlement, compromise, consent or termination (i) includes an unconditional release of each Indemnified Holder from all liability arising out of such
action, claim, litigation or proceeding and (ii) does not include a statement as to an admission of fault, culpability or a failure to act, by or on behalf of the Indemnified Holder. 

(b) Each Holder of Registrable Securities agrees, severally and not jointly, to indemnify and hold harmless the Company and the directors and
officers of the Company who sign a Registration Statement, and any Person controlling (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) the Company, and the respective officers, directors, partners,
employees, representatives and agents of each such Person, from and against any and all losses, claims, damages, liabilities, judgments, actions and expenses to the same extent as the foregoing indemnity from the Company to each of the Indemnified
Holders, but only with respect to claims and actions based on information relating to such Holder furnished in writing by or on behalf of such Holder expressly for use in a Registration Statement. In case any action or proceeding shall be brought
against the Company or its directors or officers or any such controlling Person or its respective officers, directors, partners, employees, representatives and agents in respect of which indemnity may be sought against a Holder of Registrable
Securities, such Holder shall have the rights and duties given the Company, and the Company, its directors and officers, such controlling person and its respective officers, directors, partners, employees, representatives and agents shall have the
rights and duties given to each Holder by the preceding paragraph. Notwithstanding the provisions of this Section 6, the total amount to be paid by a Holder pursuant to this Section 6(b) shall be limited to the net proceeds (after
deducting underwriters’ discounts and commissions) received by such Holder in the offering to which such Registration Statement or prospectus relates. 

(c) If the indemnification provided for in this Section 6 is unavailable to an indemnified party under Section 6(a) or
(b) hereof (other than by reason of exceptions provided in those Sections) in respect of any losses, claims, damages, liabilities, judgments, actions or expenses referred to therein, then each applicable indemnifying party, in lieu of
indemnifying such indemnified party, shall contribute to the amount paid or payable by 

  
 20 

 
such indemnified party as a result of such losses, claims, damages, liabilities or expenses in such proportion as is appropriate to reflect the relative fault of the Company, on the one hand, and
the Holders, on the other hand, in connection with the statements or omissions that resulted in such losses, claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative fault of the Company, on the
one hand, and of the Holders, on the other hand, shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to
information supplied by the Company, on the one hand, or the Holders, on the other hand, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The amount paid or
payable by a party as a result of the losses, claims, damages, liabilities and expenses referred to above shall be deemed to include any legal or other fees or expenses reasonably incurred by such party in connection with investigating or defending
any action or claim. 
 The Company and each Holder of Registrable Securities agree that it would not be just and equitable if contribution
pursuant to this Section 6(c) were determined by pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to
in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or expenses referred to in the immediately preceding paragraph shall be deemed to include any legal or
other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 6, the total amount to be contributed by a Holder pursuant to
this Section 6 shall be limited to the net proceeds (after deducting underwriters’ discounts and commissions) received by such Holder in the offering to which such Registration Statement or prospectus relates. No Person guilty of
fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute
pursuant to this Section 6(c) are several in proportion to the respective number of Registrable Securities held by each of the Holders hereunder and not joint. 

Section 7. Miscellaneous. 

(a) Remedies. The Company hereby agrees that monetary damages would not be adequate compensation for any loss incurred by reason of a
breach by it of the provisions of this Agreement and hereby agrees to waive the defense in any action for specific performance that a remedy at law would be adequate. 

(b) Assignment; No Third Party Beneficiaries; Additional Parties. This Agreement and the rights, duties and obligations of the
Company hereunder may not be assigned or delegated by the Company in whole or in part. This Agreement and the rights, duties and obligations of the Holders hereunder may be freely assigned or delegated by such Holder in conjunction with and to the
extent of any transfer of Registrable Securities by any such Holder to a Permitted Transferee. This Agreement is not intended to confer any rights or benefits on any persons that are not party hereto other than as expressly set forth in this
Section 7(b). 

  
 21 

 (c) No Inconsistent Agreements. The Company will not on or after the date of this
Agreement enter into any agreement with respect to its securities that is inconsistent with the rights granted to the Holders in this Agreement or otherwise conflicts with the provisions hereof. The rights granted to the Holders hereunder do not in
any way conflict with and are not inconsistent with the rights granted to the holders of the Company’s securities under any agreement in effect on the date hereof. 

(d) Amendments and Waivers. The provisions of this Agreement may not be amended, modified or supplemented, and waivers or consents to
or departures from the provisions hereof may not be given unless (i) the Company has obtained the written consent of Holders of a majority of the outstanding Registrable Securities (excluding any Registrable Securities held by the Company or
its subsidiaries) and (ii) the Company has provided its consent to such amendment, modification, supplement, waiver, consent or departure; provided, however, that any party may give a waiver as to itself in writing,
provided, further, however, that, with respect to any matter that directly or indirectly affects the rights of any Holder hereunder, the Company shall obtain the written consent of each such Holder with respect to which such
amendment, qualification, supplement, waiver, consent or departure is to be effective. 
 (e) Notices. All notices and other
communications provided for or permitted hereunder shall be made in writing by hand-delivery, first-class mail (registered or certified, return receipt requested), telex, telecopier, e-mail or air courier
guaranteeing overnight delivery: 
  

	 	(i)	if to a Holder, at the address set forth on the signature page hereto; and 

  

	 	(ii)	if to the Company: 

 c/o Walter Investment Management Corp. 

3000 Bayport Drive, Suite 1100 

Tampa, Florida 33607 
 Fax No.:
(813) 281-5635 
 Attention: General Counsel 

All such notices and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five
Business Days after being deposited in the mail, postage prepaid, if mailed; when answered back, if telexed; when receipt acknowledged, if telecopied or sent by e-mail; and on the next Business Day, if timely
delivered to an air courier guaranteeing overnight delivery. 
 (f) Successors and Assigns. This Agreement shall inure to the benefit
of and be binding upon the successors and assigns of each of the parties, including, without limitation, and without the need for an express assignment, subsequent Holders of Registrable Securities; provided, however, that this
Agreement shall not inure to the benefit of or be binding upon a successor or assign of a Holder unless and to the extent such successor or assign is a Permitted Transferee of such Holder. 

  
 22 

 (g) Counterparts. This Agreement may be executed in any number of counterparts and by the
parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 

(h) Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning
hereof. 
 (i) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York,
without regard to its conflict of laws principles. 
 (j) Severability. In the event that any one or more of the provisions contained
herein, or the application thereof in any circumstance, is held invalid, illegal or unenforceable, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be
affected or impaired thereby. 
 (k) Entire Agreement. This Agreement is intended by the parties as a final expression of their
agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions, promises, warranties or undertakings, other than
those set forth or referred to herein with respect to the registration rights granted by the Company with respect to the Registrable Securities. This Agreement supersedes all prior agreements and understandings between the parties with respect to
such subject matter. 
 (l) Use of Free Writing Prospectus. No Holder shall use a free writing prospectus prepared by or on behalf of
the relevant Holder or used or referred to by such Holder in connection with the offering of Registrable Securities pursuant to the Registration Statement without the prior written consent of the Company, which shall not be unreasonably withheld.

 (m) Rules 144 and 144A. The Company shall make publicly available such information required by Rule 144(c) and Rule 144A(d)(4) for
so long as necessary to permit sales pursuant to Rule 144 or Rule 144A under the Securities Act, as such Rules may be amended from time to time or any similar rule or regulation hereafter adopted by the SEC (which replaces Rule 144 or Rule 144A), to
enable such Holder to sell Registrable Securities without Registration under the Securities Act within the limitation of the exemptions provided by Rule 144 or Rule 144A under the Securities Act, as such rules may be amended or replaced from time to
time. Upon the request of any Holder, the Company will deliver to such Holder a written statement as to whether it has complied with such requirements. 

(n) Registration Rights Parties. Notwithstanding anything herein to the contrary, no Registration Rights Party shall be entitled to
participate in or demand any registration statement, exercise or benefit from any rights of a Holder, Initial Holder, Initiating Holder, Indemnified Holder or Majority Holder or otherwise hereunder, or receive any notice or notification under or in
respect of this Agreement, nor shall the Company or any other 

  
 23 

 
Holder, recognize the same, including for the avoidance of doubt, in the event of any amendment, modification or waiver hereto, unless and until such Registration Rights Party shall have signed
this Agreement or identified itself to the Company and provided evidence reasonably satisfactory to the Company that it is a Registration Rights Party entitled to the rights and subject to the obligations hereunder. Any Registration Rights Party who
has not executed this Agreement, or so identified itself and provided such evidence, shall be bound by any amendment, modification or waiver effective prior to the time it has done so. 

  
 24 

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

  

			
	 DITECH HOLDING CORPORATION

		
	By:	 	 /s/ Cheryl A. Collins

		 	Name: Cheryl A. Collins
		 	Title: Senior Vice President and Treasurer

 [Signature Page to Registration Rights Agreement – Company] 

 The foregoing Registration Rights Agreement is hereby confirmed and accepted as of the date
first above written: 
  

			
	By:	 	____________________________
		 	Name:
		 	 Title:
 Address:

 
 Fax:

 [Signature Page to Registration Rights Agreement – Initial Holders] 

 Schedule I 

Canyon Balanced Master Fund, Ltd. 
 Canyon Blue Credit Investment
Fund L.P. 
 Canyon Distressed Opportunity Investing Fund II, L.P. 

Canyon Distressed Opportunity Master Fund II, L.P. 
 Canyon Value
Realization Fund, L.P. 
 Canyon Value Realization MAC 18, Ltd. 

Canyon-ASP Fund, L.P. 

The Canyon Value Realization Master Fund, L.P. 
 Canyon-SL Value Fund, L.P. 
 Canyon-GRF Master Fund II, L.P. 

Lion Point Master, LP 
 STS Master Fund, LTD. 

CQS ABS Master Fund Limited 
 CQS Aiguille du Chardonnet MF S.C.A.SICAV-SIF 
 Omega Capital Partners, L.P. 

Omega Capital Investors, L.P. 
 Omega Equity Investors, L.P. 

Omega Overseas Partners, Ltd. 
 Omega Credit Opportunities Master
Fund, L.P. 
 Oaktree High Yield Fund II, L.P. 
 Oaktree Global
High Yield Bond Fund, L.P. 
 Los Angeles County Employees Retirement Association 

Iowa Public Employees’ Retirement System 
 OCM High Yield
Trust 
 Oaktree High Yield Bond Fund, L.P. 
 Retirement Annuity
Plan for Employees of the Army and Air Force Exchange Service 
 Trust for Retiree Medical, Dental and Life Insurance Plan for Employees of the Army and Air
Force Exchange Service 
 International Paper Company Commingled Investment Group Trust 

San Francisco City and County Employees’ Retirement System 

PG&E Corporation Retirement Master Trust 
 Oaktree (Lux.)
Funds—Oaktree North American High Yield Bond Fund 
 Stichting Bedrijfstakpensioenfonds voor het Beroepsvervoer over de Weg 

Universal-HP III 
 FCA US
LLC Master Retirement Trust 
 Employees’ Retirement Fund of the City of Dallas 

Pacific Gas and Electric Company Postretirement Medical Plan Trust Non-Management Employees and Retirees 

Wespath Funds Trust 
 Automobile Club of Southern California 

Interinsurance Exchange of the Automobile Club 
 Club Pension Plan
Trust 
 Texas County & District Retirement System 

State Teachers Retirement System of Ohio 
 Arch Reinsurance Ltd.

 Central States, Southeast and Southwest Areas Pension Fund 

Dow Retirement Group Trust 
 Sears Holdings Pension Trust 

Barclays Multi-Manager Fund PLC 
 Automobile Club Inter-Insurance
Exchange 
 Oaktree (Lux.) Funds—Oaktree Global High Yield Bond Fund 

Exelon Corporation Pension Master Retirement Trust 

 Teachers’ Retirement System of the City of New York 

New York City Police Pension Fund 
 New York City Employees’
Retirement System 
 RiverNorth/Oaktree High Income Fund 

Monsanto Company Master Pension Trust 
 VantageTrust III Master
Collective Investment Funds Trust—VT III Vantagepoint High Yield Fund 
 Oaktree Funds—Oaktree High Yield Bond Fund 

Indiana Public Retirement System 
 The Salvation Army, An Illinois
Corporation 
 Multi Manager Access II 
 White Fleet II—OCM
Global High Yield Responsible Fund 
 Colony Insurance Company 

Alaska Permanent Fund Corporation 
 General Organization for
Social Insurance 
 San Diego County Employees’ Retirement Association

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