Document:

EX-10.1

 Exhibit 10.1 
  

			
		  	Published CUSIP Numbers:
		  	Deal: 29355QAA0
		  	Revolver: 29355QAB8

 AMENDED AND RESTATED CREDIT AGREEMENT 

Dated as of August 28, 2014 

among 
 COLTEC INDUSTRIES INC and

 ENPRO INDUSTRIES, INC., 
 as
the Borrowers, 
 CERTAIN DOMESTIC SUBSIDIARIES OF THE BORROWERS, 

as the Guarantors, 
 BANK OF
AMERICA, N.A., 
 as Administrative Agent, Swing Line Lender and L/C Issuer, 

KEYBANK NATIONAL ASSOCIATION, 
 as
Syndication Agent, 
 FIFTH THIRD BANK, 

as Documentation Agent, 
 and 

THE OTHER LENDERS PARTY HERETO 

Arranged by: 
 MERRILL LYNCH,
PIERCE, FENNER & SMITH INCORPORATED, 
 KEYBANK NATIONAL ASSOCIATION 

and 
 FIFTH THIRD BANK, 

as Joint Lead Arrangers 
 MERRILL
LYNCH, PIERCE, FENNER & SMITH INCORPORATED, 
 as Sole Bookrunner 

 TABLE OF CONTENTS 
  

 

							
	 	    	 	  	Page	 
	 ARTICLE I DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	  
			
	 1.01
	    	Defined Terms	  	 	1	  
	 1.02
	    	Other Interpretive Provisions	  	 	33	  
	 1.03
	    	Accounting Terms	  	 	34	  
	 1.04
	    	Rounding	  	 	35	  
	 1.05
	    	Exchange Rates; Currency Equivalents	  	 	35	  
	 1.06
	    	Additional Alternative Currencies	  	 	36	  
	 1.07
	    	Change of Currency	  	 	36	  
	 1.08
	    	Times of Day; Rates	  	 	37	  
	 1.09
	    	Letter of Credit Amounts	  	 	37	  
		
	 ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS
	  	 	37	  
			
	 2.01
	    	Commitments	  	 	37	  
	 2.02
	    	Borrowings, Conversions and Continuations of Loans	  	 	41	  
	 2.03
	    	Letters of Credit	  	 	42	  
	 2.04
	    	Swing Line Loans	  	 	51	  
	 2.05
	    	Prepayments	  	 	54	  
	 2.06
	    	Termination or Reduction of Aggregate Revolving Commitments	  	 	55	  
	 2.07
	    	Repayment of Loans	  	 	56	  
	 2.08
	    	Interest	  	 	56	  
	 2.09
	    	Fees	  	 	57	  
	 2.10
	    	Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate	  	 	57	  
	 2.11
	    	Evidence of Debt	  	 	58	  
	 2.12
	    	Payments Generally; Administrative Agent’s Clawback	  	 	58	  
	 2.13
	    	Sharing of Payments by Lenders	  	 	60	  
	 2.14
	    	Cash Collateral	  	 	61	  
	 2.15
	    	Defaulting Lenders	  	 	62	  
		
	 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY
	  	 	64	  
			
	 3.01
	    	Taxes	  	 	64	  
	 3.02
	    	Illegality	  	 	69	  
	 3.03
	    	Inability to Determine Rates	  	 	70	  
	 3.04
	    	Increased Costs	  	 	70	  
	 3.05
	    	Compensation for Losses	  	 	72	  
	 3.06
	    	Mitigation Obligations; Replacement of Lenders	  	 	72	  
	 3.07
	    	Survival	  	 	73	  
		
	 ARTICLE IV GUARANTY
	  	 	73	  
			
	 4.01
	    	The Guaranty	  	 	73	  
	 4.02
	    	Obligations Unconditional	  	 	74	  
	 4.03
	    	Reinstatement	  	 	75	  
	 4.04
	    	Certain Additional Waivers	  	 	75	  
	 4.05
	    	Remedies	  	 	75	  
	 4.06
	    	Rights of Contribution	  	 	75	  
	 4.07
	    	Guarantee of Payment; Continuing Guarantee	  	 	76	  
	 4.08
	    	Keepwell	  	 	76	  

  
 i 

							
		
	 ARTICLE V CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
	  	 	76	  
			
	 5.01
	    	Conditions of Initial Credit Extension	  	 	76	  
	 5.02
	    	Conditions to all Credit Extensions	  	 	79	  
		
	 ARTICLE VI REPRESENTATIONS AND WARRANTIES
	  	 	80	  
			
	 6.01
	    	Existence, Qualification and Power	  	 	80	  
	 6.02
	    	Authorization; No Contravention	  	 	80	  
	 6.03
	    	Governmental Authorization; Other Consents	  	 	80	  
	 6.04
	    	Binding Effect	  	 	80	  
	 6.05
	    	Financial Statements; No Material Adverse Effect	  	 	81	  
	 6.06
	    	Litigation	  	 	81	  
	 6.07
	    	No Default	  	 	82	  
	 6.08
	    	Ownership of Property; Liens	  	 	82	  
	 6.09
	    	Environmental Compliance	  	 	82	  
	 6.10
	    	Insurance	  	 	83	  
	 6.11
	    	Taxes	  	 	83	  
	 6.12
	    	ERISA Compliance	  	 	83	  
	 6.13
	    	Subsidiaries	  	 	84	  
	 6.14
	    	Margin Regulations; Investment Company Act	  	 	84	  
	 6.15
	    	Disclosure	  	 	84	  
	 6.16
	    	Compliance with Laws	  	 	85	  
	 6.17
	    	Intellectual Property; Licenses, Etc	  	 	85	  
	 6.18
	    	Solvency	  	 	85	  
	 6.19
	    	Perfection of Security Interests in the Collateral	  	 	85	  
	 6.20
	    	Business Locations, Etc	  	 	86	  
	 6.21
	    	Labor Matters	  	 	86	  
	 6.22
	    	Government Sanctions	  	 	86	  
	 6.23
	    	PATRIOT Act	  	 	86	  
	 6.24
	    	Anti-Corruption Laws	  	 	86	  
		
	 ARTICLE VII AFFIRMATIVE COVENANTS
	  	 	87	  
			
	 7.01
	    	Financial Statements	  	 	87	  
	 7.02
	    	Certificates; Other Information	  	 	88	  
	 7.03
	    	Notices	  	 	90	  
	 7.04
	    	Payment of Obligations	  	 	90	  
	 7.05
	    	Preservation of Existence, Etc	  	 	91	  
	 7.06
	    	Maintenance of Properties	  	 	91	  
	 7.07
	    	Maintenance of Insurance	  	 	91	  
	 7.08
	    	Compliance with Laws	  	 	92	  
	 7.09
	    	Books and Records	  	 	92	  
	 7.10
	    	Inspection Rights	  	 	92	  
	 7.11
	    	Use of Proceeds	  	 	92	  
	 7.12
	    	Additional Subsidiaries	  	 	93	  
	 7.13
	    	ERISA Compliance	  	 	93	  
	 7.14
	    	Pledged Assets	  	 	93	  
	 7.15
	    	Further Assurances	  	 	94	  
	 7.16
	    	Subordinated Indebtedness	  	 	94	  
	 7.17
	    	Post-Closing Matters	  	 	95	  

  
 ii 

							
		
	 ARTICLE VIII NEGATIVE COVENANTS
	  	 	95	  
	 8.01
	    	Liens	  	 	95	  
	 8.02
	    	Investments	  	 	98	  
	 8.03
	    	Indebtedness	  	 	99	  
	 8.04
	    	Fundamental Changes	  	 	102	  
	 8.05
	    	Dispositions	  	 	102	  
	 8.06
	    	Restricted Payments	  	 	102	  
	 8.07
	    	Change in Nature of Business	  	 	103	  
	 8.08
	    	Transactions with Affiliates and Insiders	  	 	104	  
	 8.09
	    	Burdensome Agreements	  	 	104	  
	 8.10
	    	Use of Proceeds	  	 	104	  
	 8.11
	    	Financial Covenants	  	 	104	  
	 8.12
	    	Prepayment of Other Indebtedness, Etc.	  	 	105	  
	 8.13
	    	Organization Documents; Fiscal Year; Legal Name, State of Formation and Form of Entity	  	 	105	  
	 8.14
	    	Ownership of Subsidiaries	  	 	105	  
	 8.15
	    	Sanctions	  	 	105	  
	 8.16
	    	Capital Expenditures	  	 	106	  
		
	 ARTICLE IX EVENTS OF DEFAULT AND REMEDIES
	  	 	106	  
			
	 9.01
	    	Events of Default	  	 	106	  
	 9.02
	    	Remedies Upon Event of Default	  	 	109	  
	 9.03
	    	Application of Funds	  	 	109	  
		
	 ARTICLE X ADMINISTRATIVE AGENT
	  	 	110	  
			
	 10.01
	    	Appointment and Authority	  	 	110	  
	 10.02
	    	Rights as a Lender	  	 	111	  
	 10.03
	    	Exculpatory Provisions	  	 	111	  
	 10.04
	    	Reliance by Administrative Agent	  	 	112	  
	 10.05
	    	Delegation of Duties	  	 	112	  
	 10.06
	    	Resignation of Administrative Agent	  	 	113	  
	 10.07
	    	Non-Reliance on Administrative Agent and Other Lenders	  	 	114	  
	 10.08
	    	No Other Duties; Etc.	  	 	114	  
	 10.09
	    	Administrative Agent May File Proofs of Claim	  	 	114	  
	 10.10
	    	Collateral and Guaranty Matters	  	 	116	  
	 10.11
	    	Treasury Management Banks and Swap Banks	  	 	117	  
		
	 ARTICLE XI MISCELLANEOUS
	  	 	117	  
			
	 11.01
	    	Amendments, Etc.	  	 	117	  
	 11.02
	    	Notices and Other Communications; Facsimile Copies	  	 	119	  
	 11.03
	    	No Waiver; Cumulative Remedies; Enforcement	  	 	121	  
	 11.04
	    	Expenses; Indemnity; and Damage Waiver	  	 	122	  
	 11.05
	    	Payments Set Aside	  	 	124	  
	 11.06
	    	Successors and Assigns	  	 	124	  
	 11.07
	    	Treatment of Certain Information; Confidentiality	  	 	129	  
	 11.08
	    	Set-off	  	 	129	  
	 11.09
	    	Interest Rate Limitation	  	 	130	  
	 11.10
	    	Counterparts; Integration; Effectiveness	  	 	130	  
	 11.11
	    	Survival of Representations and Warranties	  	 	130	  
	 11.12
	    	Severability	  	 	131	  

  
 iii 

							
	 11.13
	    	Replacement of Lenders	  	 	131	  
	 11.14
	    	Governing Law; Jurisdiction; Etc.	  	 	132	  
	 11.15
	    	Waiver of Right to Trial by Jury	  	 	133	  
	 11.16
	    	Electronic Execution of Assignments and Certain Other Documents	  	 	133	  
	 11.17
	    	USA PATRIOT Act	  	 	133	  
	 11.18
	    	No Advisory or Fiduciary Relationship	  	 	134	  
	 11.19
	    	Borrower Representative; Joint and Several Obligations	  	 	134	  
	 11.20
	    	Amendment and Restatement	  	 	138	  

  
 iv 

 SCHEDULES 
  

			
	1.01(b)	  	Existing Letters of Credit
	1.01(c)	  	Approved Short-Term Investments
	1.01(e)	  	Stemco Kaiser Ad Valorem Tax Relief Transaction
	2.01	  	Commitments and Applicable Percentages
	6.13	  	Subsidiaries
	6.17	  	IP Rights
	6.20(a)	  	Locations of Real Property
	6.20(b)	  	Taxpayer and Organizational Identification Numbers
	6.20(c)	  	Changes in Legal Name, State of Formation and Structure
	6.21	  	Labor Matters
	8.01	  	Liens Existing on the Closing Date
	8.02	  	Investments Existing on the Closing Date
	8.03	  	Indebtedness Existing on the Closing Date
	11.02	  	Certain Addresses for Notices

 EXHIBITS 
  

			
	A	  	Form of Loan Notice
	B	  	Form of Swing Line Loan Notice
	C	  	Form of Note
	D	  	Form of Compliance Certificate
	E	  	Form of Joinder Agreement
	F	  	Form of Assignment and Assumption
	G	  	Forms of U.S. Tax Compliance Certificates
	H	  	Form of Secured Party Designation Notice

  
 v 

 AMENDED AND RESTATED CREDIT AGREEMENT 

This AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of August 28, 2014 among COLTEC INDUSTRIES INC, a Pennsylvania corporation
(“Coltec”), ENPRO INDUSTRIES, INC., a North Carolina corporation (the “Parent”; Coltec and the Parent being each a “Borrower” and collectively, the “Borrowers”), the Guarantors
(defined herein), the Lenders (defined herein) and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. 

Certain of the Loan Parties are party to the Existing Credit Agreement (as defined below). The parties to this Agreement desire to amend the
Existing Credit Agreement as set forth herein and to restate the Existing Credit Agreement in its entirety to read as follows. This Agreement is not a novation of the Existing Credit Agreement. 

In consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: 

ARTICLE I 
 DEFINITIONS AND
ACCOUNTING TERMS 
 1.01 Defined Terms. 

As used in this Agreement, the following terms shall have the meanings set forth below: 

“Acquisition” means, with respect to any Person, the acquisition by such Person, in a single transaction or in a series of
related transactions, of (a) all or substantially all of the property of another Person, or any division, line of business or other business unit of another Person or (b) at least a majority of the Voting Stock of another Person, in each
case whether or not involving a merger or consolidation with such other Person and whether for cash, property, services, assumption of Indebtedness, securities or otherwise. 

“Administrative Agent” means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any
successor administrative agent. 
 “Administrative Agent’s Office” means the Administrative Agent’s address and,
as appropriate, account as set forth on Schedule 11.02 or such other address or account as the Administrative Agent may from time to time notify the Borrower Representative and the Lenders in writing. 

“Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the Administrative Agent. 

“Affiliate” means, with respect to a specified Person, another Person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Aggregate Revolving
Commitments” means the Revolving Commitments of all the Lenders. The aggregate principal amount of the Aggregate Revolving Commitments in effect on the Closing Date is THREE HUNDRED MILLION DOLLARS ($300,000,000). 

“Agreement” means this Amended and Restated Credit Agreement. 

 “Alternative Currency” means each of the following currencies: Sterling, Euro
and Canadian Dollars, together with each other currency (other than Dollars) that is approved in accordance with Section 1.06. 

“Alternative Currency Equivalent” means, at any time, with respect to any amount denominated in Dollars, the equivalent
amount thereof in the applicable Alternative Currency as determined by the L/C Issuer at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of such Alternative Currency with Dollars.

 “Applicable Percentage” means with respect to any Lender at any time, (a) with respect to such Lender’s
Revolving Commitment at any time, the percentage of the Aggregate Revolving Commitments represented by such Lender’s Revolving Commitment at such time, subject to adjustment as provided in Section 2.15; provided that if the
commitment of each Lender to make Revolving Loans and the obligation of the L/C Issuer to make L/C Credit Extensions have been terminated pursuant to Section 9.02 or if the Aggregate Revolving Commitments have expired, then the
Applicable Percentage of each Lender shall be determined based on the Applicable Percentage of such Lender most recently in effect, giving effect to any subsequent assignments, and (b) with respect to such Lender’s portion of any
outstanding Incremental Term Facility at any time, the percentage of the outstanding principal amount of the term loan held by such Lender under such Incremental Term Facility at such time. The initial Applicable Percentage of each Lender is set
forth opposite the name of such Lender on Schedule 2.01 or in the Assignment and Assumption or other agreement pursuant to which such Lender becomes a party hereto, as applicable. 

“Applicable Rate” means with respect to Revolving Loans, Swing Line Loans, Letter of Credit Fees and the Commitment Fee, the
following percentages per annum, based upon the Consolidated Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 7.02(b): 

 

											
	 Pricing Tier
	  	Consolidated
Leverage Ratio	  	Commitment
Fee	 	Letter of Credit
Fee	 	Eurodollar Rate
Loans	 	Base Rate
Loans
	 1
	  	> 3.75 to 1.0	  	0.30%	 	2.25%	 	2.25%	 	1.25%
	 2
	  	> 2.0 to 1.0 but
 < 3.75 to 1.0
	  	0.25%	 	2.00%	 	2.00%	 	1.00%
	 3
	  	< 2.0 to 1.0	  	0.20%	 	1.75%	 	1.75%	 	0.75%

 Any increase or decrease in the Applicable Rate resulting from a change in the Consolidated Leverage Ratio
shall become effective as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 7.02(b); provided, however, that if a Compliance Certificate is not delivered when
due in accordance with such Section, then, upon the request of the Required Lenders, Pricing Tier 1 shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered and shall continue
to apply until the first Business Day immediately following the date a Compliance Certificate is delivered in accordance with Section 7.02(b), whereupon the Applicable Rate shall be adjusted based upon the calculation of the Consolidated
Leverage Ratio contained in such Compliance Certificate. The Applicable Rate in effect from the Closing Date to the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 7.02(b) for
the fiscal quarter ending September 30, 2014 shall be determined based upon Pricing Tier 3. Notwithstanding anything to the contrary contained in this definition, the determination of the Applicable Rate for any period shall be subject to the
provisions of Section 2.10(b). 

  
 2 

 “Applicable Time” means, with respect to any payments in any Alternative
Currency, the local time in the place of settlement for such Alternative Currency as may be determined by the L/C Issuer to be necessary for timely settlement on the relevant date in accordance with normal banking procedures in the place of payment.

 “Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender
or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Approved Short-Term
Investments” means short term investments made in conformity with the investment policies attached as Schedule 1.01(c), provided that (i) such direct or indirect obligations of the United States of America or of the
listed European governments mature within one year from the date of acquisition thereof and (ii) each other investment must mature not more than one year from the date of creation thereof (or in the case of money market and other funds, have an
average maturity of not more than one year) and be capable of being liquidated and converted into readily available cash within ten Business Days at any time without penalty in excess of the lesser of $500,000 or 2% of the amount of such
investment). 
 “Arrangers” means, collectively, (a) MLPFS, in its capacity as joint lead arranger and sole
bookrunner, (b) KeyBank National Association, in its capacity as joint lead arranger, and (c) Fifth Third Bank, in its capacity as joint lead arranger. 

“Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the
consent of any party whose consent is required by Section 11.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit F or any other form (including electronic documentation generated by MarkitClear
or other electronic platform) approved by the Administrative Agent. 
 “Attributable Indebtedness” means, on any date,
(a) in respect of any Capital Lease of any Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, (b) in respect of any Synthetic Lease of any Person,
the capitalized amount of the remaining lease payments under the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a Capital Lease and (c) in
respect of any Securitization Transaction of any Person, the outstanding principal amount of such financing, after taking into account reserve accounts and making appropriate adjustments, determined by the Administrative Agent in its reasonable
judgment. 
 “Audited Financial Statements” means the audited consolidated balance sheet of the Parent and its Subsidiaries
for the fiscal year ended December 31, 2013, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Parent and its Subsidiaries, including the notes thereto, audited
by independent public accountants of recognized national standing and prepared in conformity with GAAP. 
 “Availability
Period” means the period from and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of termination of the Aggregate Revolving Commitments pursuant to Section 2.06, and (c) the date
of termination of the commitment of each Lender to make Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 9.02. 

“Bank of America” means Bank of America, N.A. and its successors. 

  
 3 

 “Base Rate” means for any day a fluctuating rate per annum equal to the highest
of (a) the Federal Funds Rate plus 0.50%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate” and (c) the Eurodollar Rate plus 1.00%.
The “prime rate” is a rate set by Bank of America based upon various factors including Bank of America’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans,
which may be priced at, above, or below such announced rate. Any change in the “prime rate” announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of such change. 

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

“Benefits Trust” means the “Benefits Trust” as defined in Note 19, “Commitments and Contingencies” under
the heading “Crucible Materials Corporation” in the Form 10-K filed by Parent for the year ended December 31, 2013. 

“Borrower” and “Borrowers” have the meanings specified in the introductory paragraph hereto. 

“Borrower Materials” has the meaning specified in Section 7.02. 

“Borrower Representative” means Coltec. 

“Borrowing” means each of the following: (a) a borrowing of Swing Line Loans pursuant to Section 2.04 and
(b) a borrowing consisting of simultaneous Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01. 

“Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks are authorized to close
under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office is located and, if such day relates to any Eurodollar Rate Loan, means any such day that is also a London Banking Day. 

“Businesses” means, at any time, a collective reference to the businesses operated by the Parent and its Subsidiaries at such
time. 
 “Canadian Dollar” and “CAD” means the lawful currency of Canada. 

“Capital Lease” means, as applied to any Person, any lease of any property by that Person as lessee which, in accordance with
GAAP, is required to be accounted for as a capital lease on the balance sheet of that Person. 
 “Cash Collateralize” means
to pledge and deposit with or deliver to the Administrative Agent, for the benefit of one or more of the L/C Issuer or the Lenders, as collateral for L/C Obligations or obligations of the Lenders to fund participations in respect of L/C Obligations,
cash or deposit account balances or, if the Administrative Agent and the L/C Issuer shall agree in their sole discretion, other credit support, in each case pursuant to documentation in form and substance satisfactory to the Administrative Agent and
the L/C Issuer. “Cash Collateral” shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support. 

“Cash Equivalents” means, as at any date, (a) securities issued or directly and fully guaranteed or insured by the
United States or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof) having maturities of not more than twelve 

  
 4 

 
months from the date of acquisition, (b) Dollar denominated time deposits and certificates of deposit of (i) any Lender, (ii) any domestic commercial bank of recognized standing
having capital and surplus in excess of $500,000,000 or (iii) any bank whose short-term commercial paper rating from S&P is at least A-1 or the equivalent thereof or from Moody’s is at least P-1 or the equivalent thereof (any such bank
being an “Approved Bank”), in each case with maturities of not more than 365 days from the date of acquisition, (c) commercial paper and variable or fixed rate notes issued by any Approved Bank (or by the parent company
thereof) or any variable rate notes issued by, or guaranteed by, any domestic corporation rated A-1 (or the equivalent thereof) or better by S&P or P-1 (or the equivalent thereof) or better by Moody’s and maturing within nine months of the
date of acquisition, (d) repurchase agreements entered into by any Person with a bank or trust company (including any of the Lenders) or recognized securities dealer having capital and surplus in excess of $500,000,000 for direct obligations
issued by or fully guaranteed by the United States in which such Person shall have a perfected first priority security interest (subject to no other Liens) and having, on the date of purchase thereof, a fair market value of at least 100% of the
amount of the repurchase obligations and (e) Investments, classified in accordance with GAAP as current assets, in money market investment programs registered under the Investment Company Act of 1940 which are administered by reputable
financial institutions having capital of at least $500,000,000 and the portfolios of which are limited to Investments of the character described in the foregoing subdivisions (a) through (d). 

“CFCL” means Coltec Finance Company Limited, a company organized under the laws of the United Kingdom. 

“Change in Law” means the occurrence, after the date of this Agreement, of any of the following: (a) the adoption or
taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or
issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided, that, notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform
and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel
Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of
the date enacted, adopted or issued. 
 “Change of Control” means the occurrence of any of the following events: 

(a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange
Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) is or becomes the “beneficial
owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to have “beneficial ownership” of all securities that such person or group has the right to acquire
(such right, an “option right”), whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of 35% or more of the Equity Interests of the Parent entitled to vote for members of the
board of directors or equivalent governing body of the Parent on a fully diluted basis (and taking into account all such securities that such person or group has the right to acquire pursuant to any option right); or 

  
 5 

 (b) during any period of 12 consecutive months, a majority of the members of the
board of directors or other equivalent governing body of the Parent cease to be composed of individuals (i) who were members of that board or equivalent governing body on the first day of such period, (ii) whose election or nomination to
that board or equivalent governing body was approved by individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body or (iii) whose
election or nomination to that board or other equivalent governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a majority of that board or
equivalent governing body (excluding, in the case of both clause (ii) and clause (iii), any individual whose initial nomination for, or assumption of office as, a member of that board or equivalent governing body occurs as a result of an actual
or threatened solicitation of proxies or consents for the election or removal of one or more directors by any person or group other than a solicitation for the election of one or more directors by or on behalf of the board of directors); or 

(c) the Parent ceases to directly own and control 100% of the Equity Interests of Coltec; or 

(d) there occurs a “change of control” (or any other defined term having a similar purpose) as defined in any of the
documents governing any Indebtedness incurred pursuant to Section 8.03(g) that constitutes an event of default or requires a mandatory prepayment under any such documents. 

“CIP/GGB Pledge Agreement” means the Amended and Restated Pledge Agreement dated as of January 1, 2010 executed by
Coltec in favor of GST LLC, pursuant to which Coltec grants GST LLC a Lien in the Membership Interests. 
 “CIP/GGB Purchase
Agreement” means the Purchase and Sale Agreement dated March 11, 2005, between Coltec and GST LLC, with respect to the sale by GST LLC to Coltec of the Membership Interests. 

“Closing Date” means the date hereof. 

“Collateral” means a collective reference to all real and personal property with respect to which Liens in favor of the
Administrative Agent, for the benefit of the holders of the Obligations, are purported to be granted pursuant to and in accordance with the terms of the Collateral Documents. 

“Collateral Documents” means a collective reference to the Security Agreement, the Mortgages and other security documents as
may be executed and delivered by the Loan Parties pursuant to the terms of Section 7.14. 
 “Coltec” has the
meaning specified in the introductory paragraph hereto. 
 “Coltec/Stemco Subordinated Guaranty” means the Amended and
Restated Guaranty Agreement dated as of January 1, 2010 pursuant to which Coltec guaranties the obligations under the Stemco Subordinated Note. 

“Coltec Subordinated Note” means the Amended and Restated Promissory Note dated as of January 1, 2010 made
by Coltec and payable to the order of GST LLC in the original principal amount of $73,381,000. 
 “Coltec
Subordination Agreement” means the Amended and Restated Subordination Agreement dated as of April 26, 2006, as amended by the Consent and Letter Amendment dated June 1, 2010, among GST LLC, Coltec and the Administrative Agent,
subordinating the Indebtedness evidenced by the Coltec Subordinated Note to the Obligations and subordinating the Lien granted to GST LLC pursuant to the CIP/GGB Pledge Agreement to the Liens of the Administrative Agent. 

  
 6 

 “Commitment” means, as to each Lender, the Revolving Commitment of such Lender
and/or any Incremental Facility Commitment of such Lender. 
 “Commitment Fee” has the meaning specified in
Section 2.09(a). 
 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et
seq.) as amended or otherwise modified, and any successor statute. 
 “Compliance Certificate” means a certificate
substantially in the form of Exhibit D. 
 “Connection Income Taxes” means Other Connection Taxes that are imposed
on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. 
 “Consolidated Capital
Expenditures” means, for any period, for the Parent and its Subsidiaries on a consolidated basis, all capital expenditures, as determined in accordance with GAAP; provided, however, that Consolidated Capital Expenditures shall
not include (a) expenditures made with proceeds of any Involuntary Disposition to the extent such expenditures are used to purchase property that is the same as or similar to the property subject to such Involuntary Disposition,
(b) expenditures consisting of any combination of (i) surplus, obsolete or worn out property or property no longer used or useful in the conduct of business of any Loan Party and its Subsidiaries that is traded in at the time of such
purchase, up to the amount of any credit for the trade-in value of any such property in connection with such transaction, or (ii) the proceeds of a sale of surplus, obsolete or worn out property or property no longer used or useful in the
conduct of business of any Loan Party and its Subsidiaries, which proceeds are received substantially concurrently with or within 180 days prior to such expenditure or (c) Permitted Acquisitions and other Acquisitions permitted pursuant to
Section 8.02. 
 “Consolidated EBITDA” means, for any period, for the Parent and its Subsidiaries on a
consolidated basis, an amount equal to Consolidated Net Income for such period plus the following to the extent deducted in calculating such Consolidated Net Income: (a) Consolidated Interest Charges for such period, (b) the
provision for federal, state, local and foreign income taxes payable by the Parent and its Subsidiaries for such period and (c) depreciation and amortization expense for such period, all as determined in accordance with GAAP. 

“Consolidated Funded Indebtedness” means Funded Indebtedness of the Parent and its Subsidiaries on a consolidated basis
determined in accordance with GAAP. 
 “Consolidated Interest Charges” means, for any period, for the Parent and its
Subsidiaries on a consolidated basis, an amount equal to the sum of (a) all interest, premium payments, debt discount (but excluding any non-cash interest expense attributable to the accretion of debt discount), fees, charges and related
expenses in connection with borrowed money (including capitalized interest) or in connection with the deferred purchase price of assets, in each case to the extent treated as interest in accordance with GAAP, plus (b) the portion of rent
expense with respect to such period under Capital Leases that is treated as interest in accordance with GAAP plus (c) the implied interest component of Synthetic Leases with respect to such period. 

“Consolidated Interest Coverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated EBITDA for
the period of the four fiscal quarters most recently ended to (b) the cash portion of Consolidated Interest Charges for the period of the four fiscal quarters most recently ended. 

  
 7 

 “Consolidated Leverage Ratio” means, as of any date of determination, the ratio
of (a) Consolidated Funded Indebtedness (excluding the Subordinated Indebtedness evidenced by the Coltec Subordinated Note, the Stemco Subordinated Note and the Coltec/Stemco Subordinated Guaranty) as of such date to
(b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended. 
 “Consolidated Net Income”
means, for any period, for the Parent and its Subsidiaries on a consolidated basis, the net income of the Parent and its Subsidiaries for that period (excluding (a) extraordinary gains and losses for such period, (b) the net income of any
Subsidiary that is not a Loan Party during such period to the extent that the declaration or payment of dividends or similar distributions by such Subsidiary of such income is not permitted by operation of the terms of its Organization Documents or
any agreement, instrument or Law applicable to such Subsidiary during such period, except that the Parent’s equity in any net loss of any such Subsidiary for such period shall be included in determining Consolidated Net Income, (c) any
income (or loss) for such period of any Person if such Person is not a Subsidiary, except that the Parent’s and its consolidated Subsidiaries’ equity in the net income of any such Person for such period shall be included in Consolidated
Net Income up to the amount of cash and Cash Equivalents actually distributed by such Person during such period to the Parent or a Subsidiary as a dividend or other distribution (and in the case of a dividend or other distribution to a Subsidiary
that is not a Loan Party, such Subsidiary is not precluded from further distributing such amount to a Loan Party as described in clause (b) hereof), (d) to the extent deducted from net income of the Parent and its Subsidiaries during such
period, non-cash losses, charges and expenses that do not (i) represent a cash item in such period or any future period, an accrual or reserve for potential cash charges in any future period or amortization of a prepaid cash charge that was
paid in a prior period, or (ii) relate to a write-down of accounts receivable or inventory, (e) to the extent included in net income of the Parent and its Subsidiaries during such period, non-cash gains, (f) to the extent deducted
from net income of the Parent and its Subsidiaries during such period, Transaction Costs incurred not later than eighteen (18) months after the Closing Date (or, with respect to Transaction Costs relating to any Indebtedness incurred pursuant
to Section 8.03(g), the later of eighteen (18) months after the Closing Date and six (6) months after the incurrence of such Indebtedness), and (g) to the extent deducted from net income of the Parent and its Subsidiaries
during such period, costs and expenses of Parent and its Subsidiaries related to the Chapter 11 proceedings of GST LLC, Garrison and Anchor Packing Company ongoing as of the Closing Date in the U.S. Bankruptcy Court for the Western District of North
Carolina, in an amount not to exceed $7,500,000 in the aggregate under this clause (g)), as determined in accordance with GAAP. 

“Consolidated Net Leverage Ratio” means, as of any date of determination, the ratio of (a) the sum of
(i) Consolidated Funded Indebtedness (excluding the Subordinated Indebtedness evidenced by the Coltec Subordinated Note, the Stemco Subordinated Note and the Coltec/Stemco Subordinated Guaranty) as of such date minus
(ii) unrestricted cash and Cash Equivalents of the Loan Parties as of such date in an amount not to exceed (x) $100,000,000 as of any date of determination that is prior to the first anniversary of the Closing Date and (y) $75,000,000
as of any date of determination that is on or after the first anniversary of the Closing Date, to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended. 

“Consolidated Total Assets” means total assets of the Parent and its Subsidiaries on a consolidated basis determined in
accordance with GAAP. 
 “Contractual Obligation” means, as to any Person, any provision of any security issued by such
Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

  
 8 

 “Control” means the possession, directly or indirectly, of the power to direct
or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto.
Without limiting the generality of the foregoing, a Person shall be deemed to be Controlled by another Person if such other Person possesses, directly or indirectly, power to vote 10% or more of the securities having ordinary voting power for the
election of directors, managing general partners or the equivalent. 
 “Convertible Debentures” means the Convertible
Senior Debentures Due 2015, bearing interest at a per annum rate of 3.9375%, issued by Parent in the original principal amount of up to $172,500,000 in accordance with the terms of the Convertible Debentures Indenture. 

“Convertible Debentures Indenture” means the Indenture dated as of October 26, 2005 executed by Parent in favor of U.S.
Bank National Association (as successor to Wachovia Bank, National Association), as trustee, in connection with the issuance of the Convertible Debentures. 

“Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit Extension. 

“Cumulative Credit” means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis
equal to the sum of (without duplication): 
 (a) an amount equal to 50% of the cumulative Consolidated Net Income for the
period (taken as one accounting period) from July 1, 2014 to the end of the Parent’s fiscal quarter most recently ended in respect of which a Compliance Certificate has been delivered as required hereunder (or, in the case such
Consolidated Net Income for such period is a deficit, minus 100% of such deficit); plus 
 (b) the cash and
Cash Equivalent proceeds (net of direct costs incurred in connection therewith, including legal, accounting and investment banking fees, sales commissions and underwriting discounts, and taxes paid or estimated to be payable as a
result thereof) received by the Parent of any Qualified Equity Issuance consummated after the Closing Date; plus 

(c) in the event that all or a portion of the Cumulative Credit has been applied to make an Investment pursuant to
Section 8.02(r), an amount equal to the aggregate amount received by the Parent or any Subsidiary in cash and Cash Equivalents from (i) the sale (other than to the Parent or any Subsidiary) of any such Investment, (ii) any
dividend or other distribution received in respect of any such Investment or (iii) returns of principal, repayments and similar payments received in respect of any such Investment, net of (in any such case under the foregoing
clauses (i), (ii) and (iii)) (A) direct costs incurred in connection therewith, including legal, accounting and investment banking fees, sales commissions and underwriting discounts, (B) taxes paid or estimated to be payable as a
result thereof, and (C) amounts applied to the repayment of Indebtedness secured by a Lien permitted hereunder on the Investment sold (other than a Lien pursuant to a Collateral Document); 

as such amount shall be reduced dollar for dollar from time to time prior to such date by the amount of the Cumulative Credit applied to make Investments or
Restricted Payments as permitted hereunder. 
 “Debtor Relief Laws” means the Bankruptcy Code of the United States, and all
other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from
time to time in effect. 

  
 9 

 “Default” means any event or condition that constitutes an Event of Default or
that, with the giving of any notice, the passage of time, or both, would be an Event of Default. 
 “Default Rate” means
(a) when used with respect to Obligations other than Letter of Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Rate, if any, applicable to Base Rate Loans plus (iii) 2% per
annum; provided, however, that with respect to a Eurodollar Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus 2% per
annum, in each case to the fullest extent permitted by applicable Laws and (b) when used with respect to Letter of Credit Fees, a rate equal to the Applicable Rate plus 2% per annum. 

“Defaulting Lender” means, subject to Section 2.15(b), any Lender that (a) has failed to (i) fund all
or any portion of its Loans within two (2) Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative Agent and the Borrower Representative in writing that such failure is the result
of such Lender’s determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been satisfied, or
(ii) pay to the Administrative Agent, the L/C Issuer, the Swing Line Lender or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit or Swing Line Loans) within two
Business Days of the date when due, (b) has notified the Borrower Representative, the Administrative Agent, the L/C Issuer or the Swing Line Lender in writing that it does not intend to comply with its funding obligations hereunder, or has made
a public statement to that effect (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s determination that a condition precedent to
funding (which condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three (3) Business Days after written request by
the Administrative Agent or the Borrower Representative, to confirm in writing to the Administrative Agent and the Borrowers that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a
Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Borrowers), or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a
proceeding under any Debtor Relief Law, or (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business
or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity; provided, that, a Lender shall not be a Defaulting Lender solely by virtue of the ownership or
acquisition of any Equity Interests in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of
courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such
Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above, and of the effective date of such status, shall be conclusive and binding absent manifest
error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.15(b)) as of the date established therefor by the Administrative Agent in a written notice of such determination, which shall be delivered by the
Administrative Agent to the Borrowers, the L/C Issuer, the Swing Line Lender and each other Lender promptly following such determination. 

“Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including any Sale
and Leaseback Transaction) of any property by any Loan Party or any Subsidiary (including the Equity Interests of any Subsidiary), including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts
receivable or any rights and claims associated therewith, but 

  
 10 

 
excluding (a) the sale, lease, license, transfer or other disposition of inventory in the ordinary course of business; (b) licenses or leases of IP Rights in the ordinary course of
business (provided that no such license or lease shall be on an exclusive basis if the IP Rights which are the subject thereof are necessary or desirable to enable the Administrative Agent to sell, dispose, or complete the manufacture of, or
otherwise exercise its rights with respect to, any Collateral); (c) the termination of a lease of real or personal Property that is not necessary to the conduct of a Loan Party’s business in the ordinary course, would not reasonably be
expected to have a Material Adverse Effect and does not result from a Loan Party’s default or failure to perform under such lease; (d) the sale, lease, license, transfer or other disposition of surplus, obsolete or worn out property or
property no longer used or useful in the conduct of business of any Loan Party and its Subsidiaries; (e) any sale, lease, license, transfer or other disposition of property to any Loan Party or any Subsidiary; provided, that if the
transferor of such property is a Loan Party (i) the transferee thereof must be a Loan Party or (ii) to the extent such transaction constitutes an Investment, such transaction is permitted under Section 8.02; (f) any
Involuntary Disposition; (g) any cash-out of the GIC, or any use of the GIC or the proceeds therefrom to satisfy obligations of a Loan Party in the ordinary course of business or with respect to the Benefits Trust; and (h) the potential
dispositions described in a writing delivered to the Administrative Agent prior to the Closing Date (and posted on SyndTrak for the Lenders) (the “Scheduled Dispositions”). 

“Disqualified Stock” means any Equity Interest which, by its terms (or by the terms of any security into which it is
convertible or for which it is redeemable or exchangeable), or upon the happening of any event or condition, (a) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the option of the holder
thereof, in whole or in part, or otherwise has any distributions or other payments which are mandatory or otherwise required at any time (except in each case as a result of a change of control or asset sale so long as any rights of the holders
thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Commitments), on or prior to the
date that is ninety-one (91) days after the Maturity Date or (b) is convertible into or exchangeable for (x) debt securities or (y) any Equity Interest referred to in clause (a) above, in each case at any time prior to the
date that is ninety-one (91) days after the Maturity Date; provided, that, if such Equity Interests are issued pursuant to a plan for the benefit of employees or other service providers of the Parent or any Subsidiary, such Equity
Interests shall not constitute Disqualified Stock solely because they may be required to be repurchased by the Parent or a Subsidiary in order to satisfy applicable statutory or regulatory obligations or in connection with such employee’s or
other service provider’s termination, death or disability. 
 “Dollar” and “$” mean lawful money of
the United States. 
 “Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in Dollars,
such amount, and (b) with respect to any amount denominated in any Alternative Currency, the equivalent amount thereof in Dollars as determined by the L/C Issuer at such time on the basis of the Spot Rate (determined in respect of the most
recent Revaluation Date) for the purchase of Dollars with such Alternative Currency. 
 “Domestic Subsidiary” means any
Subsidiary that is organized under the laws of any state of the United States or the District of Columbia. 
 “Earn Out
Obligations” means, with respect to an Acquisition, all obligations of the Parent or any Subsidiary to make earn out or other contingent purchase price payments (including purchase price adjustments but excluding contingent indemnity
payments and consulting agreement payments providing reasonable compensation for services rendered) pursuant to the documentation relating to such Acquisition. For purposes of determining the aggregate consideration paid for an Acquisition at the
time 

  
 11 

 
of such Acquisition, the amount of any Earn Out Obligations shall be deemed to be the maximum amount of the earn-out payments in respect thereof as specified in the documents relating to such
Acquisition. For purposes of determining the amount of any Earn Out Obligations to be included in the definition of Funded Indebtedness, the amount of Earn Out Obligations shall be deemed to be the aggregate liability in respect thereof, as
determined in accordance with GAAP. 
 “Eligible Assignee” means any Person that meets the requirements to be an assignee
under Section 11.06(b)(iii) and (v) (subject to such consents, if any, as may be required under Section 11.06(b)(iii)). 

“Environmental Laws” means any and all federal, state, local, foreign and other applicable statutes, laws, regulations,
ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution and the protection of the environment or the release of any materials into the
environment, including those related to hazardous substances or wastes, air emissions and discharges to waste or public systems. 

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

“Equity Interests” means, with respect to any Person, all of the shares of capital stock of (or other ownership or profit
interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person, all of the securities convertible into or
exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), and all of the other
ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on any date of
determination. 
 “ERISA” means the Employee Retirement Income Security Act of 1974. 

“ERISA Affiliate” means any trade or business (whether or not incorporated) under common control with a Borrower within the
meaning of Section 414(b) or (c) of the Internal Revenue Code (and Sections 414(m) and (o) of the Internal Revenue Code for purposes of provisions relating to Section 412 of the Internal Revenue Code). 

“ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) the withdrawal of any Borrower or
any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which such entity was a “substantial employer” as defined in Section 4001(a)(2) of ERISA or a cessation of operations that is treated
as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by any Borrower or any ERISA Affiliate from a Multiemployer Plan or notification that a Multiemployer Plan is in reorganization; (d) the filing
of a notice of intent to terminate, the treatment of a Pension Plan amendment as a termination under Sections 4041(c) or 4041A of ERISA; (e) the institution by the PBGC of proceedings to terminate a Pension Plan; (f) any event or condition
which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee 

  
 12 

 
to administer, any Pension Plan; (g) the determination that any Pension Plan is considered an at-risk plan or a plan in endangered or critical status within the meaning of Sections 430, 431
and 432 of the Internal Revenue Code or Sections 303, 304 and 305 of ERISA; or (h) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon any Borrower
or any ERISA Affiliate. 
 “Euro” and “€” mean the single currency of the Participating Member
States. 
 “Eurodollar Base Rate” means: 

(a) for any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal to the London Interbank Offered
Rate (“LIBOR”) or a comparable or successor rate, which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may
be designated by the Administrative Agent from time to time) (in such case, the “LIBOR Rate”) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for Dollar deposits (for
delivery on the first day of such Interest Period) with a term equivalent to such Interest Period; and 
 (b) for any
interest rate calculation with respect to a Base Rate Loan on any date, the rate per annum equal to the LIBOR Rate, at approximately 11:00 a.m., London time, determined two Business Days prior to such date for Dollar deposits with a term of one
month commencing that date; 
 provided, that, (i) to the extent a comparable or successor rate is approved by the
Administrative Agent in connection herewith, the approved rate shall be applied in a manner consistent with market practice; provided, further, that, to the extent such market practice is not administratively feasible for the
Administrative Agent, such approved rate shall be applied as otherwise reasonably determined by the Administrative Agent and (ii) if the Eurodollar Base Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this
Agreement. 
 “Eurodollar Rate” means (a) for any Interest Period with respect to any Eurodollar Rate Loan, a rate per
annum determined by the Administrative Agent to be equal to the quotient obtained by dividing (i) the Eurodollar Base Rate for such Eurodollar Rate Loan for such Interest Period by (ii) one minus the Eurodollar Reserve Percentage
for such Eurodollar Rate Loan for such Interest Period and (b) for any day with respect to any Base Rate Loan bearing interest at a rate based on the Eurodollar Rate, a rate per annum determined by the Administrative Agent to be equal to the
quotient obtained by dividing (i) the Eurodollar Base Rate for such Base Rate Loan for such day by (ii) one minus the Eurodollar Reserve Percentage for such Base Rate Loan for such day. 

“Eurodollar Rate Loan” means a Loan that bears interest at a rate based on clause (a) of the definition of
“Eurodollar Rate”. 
 “Eurodollar Reserve Percentage” means, for any day, the reserve percentage (expressed as a
decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental
or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan and for each outstanding Base Rate Loan the
interest on which is determined by reference to the Eurodollar Rate, in each case, shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage. 

  
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 “Event of Default” has the meaning specified in Section 9.01. 

“Excluded Property” means, with respect to any Loan Party, including any Person that becomes a Loan Party after the Closing
Date as contemplated by Section 7.12, (a) any leasehold interest in real property, (b) any owned real property identified on Schedule 6.20(a) as Excluded Property or acquired after the Closing Date, (c) any
owned real property and any owned or leased personal property which is located outside of the United States, (d) any personal property (including, without limitation, motor vehicles) in respect of which perfection of a Lien is not either
(i) governed by the Uniform Commercial Code or (ii) effected by appropriate evidence of the Lien being filed in either the United States Copyright Office or the United States Patent and Trademark Office, (e) the Equity Interests of
any direct Foreign Subsidiary of a Loan Party to the extent (and for so long as) not required to be pledged to secure the Obligations pursuant to Section 7.14(a), (f) the Equity Interests of any member of the GST Group until pledged
as Collateral and (g) any property which, subject to the terms of Section 8.09, is subject to a Lien of the type described in Section 8.01(i) pursuant to documents which prohibit such Loan Party from granting any other
Liens in such property. 
 “Excluded Swap Obligation” means, with respect to any Loan Party, any Swap Obligation if, and to
the extent that, all or a portion of the Guaranty of such Loan Party of, or the grant under a Loan Document by such Loan Party of a security interest to secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the
Commodity Exchange Act (or the application or official interpretation thereof) by virtue of such Loan Party’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act (determined
after giving effect to Section 4.08 hereof and any and all guarantees of such Loan Party’s Swap Obligations by other Loan Parties) at the time the Guaranty of such Loan Party, or grant by such Loan Party of a security interest,
becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a Master Agreement governing more than one Swap Contract, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to Swap
Contracts for which such Guaranty or security interest becomes illegal. 
 “Excluded Taxes” means any of the following
Taxes imposed on or with respect to any Recipient or required to be withheld or deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each
case, (i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision
thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. Federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment
pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrowers under Section 11.13) or (ii) such Lender changes
its Lending Office, except in each case to the extent that pursuant to Section 3.01(a)(ii), (a)(iii) or (c), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such
Lender became a party hereto or to such Lender immediately before it changed its Lending Office, (c) Taxes attributable to such Recipient’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding taxes
imposed under FATCA. 
 “Existing Credit Agreement” means that certain Second Amended and Restated Loan and Security
Agreement dated as of March 31, 2011 among the Borrowers, certain Subsidiaries of the Parent, the lenders party thereto and Bank of America, as collateral and administrative agent, as amended, supplemented or otherwise modified from time to
time until (but not including) the date of this Agreement. 

  
 14 

 “Existing Letters of Credit” means the letters of credit described by date of
issuance, letter of credit number, undrawn amount, name of beneficiary and date of expiry on Schedule 1.01(b). 

“Facilities” means, at any time, a collective reference to the facilities and real properties owned, leased or operated by
any Loan Party or any Subsidiary. 
 “FASB ASC” means the Accounting Standards Codification of the Financial Accounting
Standards Board. 
 “FATCA” means Sections 1471 through 1474 of the Internal Revenue Code, as of the date of this Agreement
(or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to
Section 1471(b)(1) of the Internal Revenue Code. 
 “Federal Funds Rate” means, for any day, the rate per annum equal
to the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next
succeeding such day; provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day,
and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such
day on such transactions as determined by the Administrative Agent. 
 “Fee Letter” means the letter agreement dated
July 14, 2014 among the Borrowers, Bank of America and MLPFS. 
 “Foreign Lender” means (a) if any Borrower is a
U.S. Person, a Lender that is not a U.S. Person, and (b) if any Borrower is not a U.S. Person, a Lender that is resident or organized under the laws of a jurisdiction other than that in which such Borrower is resident for tax purposes. For
purposes of this definition, the United States, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 

“Foreign Subsidiary” means any Subsidiary that is not a Domestic Subsidiary. 

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

“Fronting Exposure” means, at any time there is a Defaulting Lender, (a) with respect to the L/C Issuer, such Defaulting
Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the
terms hereof and (b) with respect to the Swing Line Lender, such Defaulting Lender’s Applicable Percentage of Swing Line Loans other than Swing Line Loans as to which such Defaulting Lender’s participation obligation has been
reallocated to other Lenders in accordance with the terms hereof. 
 “Fund” means any Person (other than a natural Person)
that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. 

  
 15 

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

 (b) all purchase money Indebtedness; 

(c) the principal portion of all obligations under conditional sale or other title retention agreements relating to property
purchased by such Person or any Subsidiary thereof (other than customary reservations or retentions of title under agreements with suppliers entered into in the ordinary course of business); 

(d) all direct obligations arising under letters of credit (including standby and commercial), bankers’ acceptances, bank
guaranties, surety bonds and similar instruments; 
 (e) all obligations in respect of the deferred purchase price of
property or services (other than trade accounts payable in the ordinary course of business), including, without limitation, any Earn Out Obligations; 

(f) the Attributable Indebtedness of Capital Leases, Securitization Transactions and Synthetic Leases; 

(g) all obligations of such Person to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity
Date in respect of any Equity Interests in such Person or any other Person, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; 

(h) all Funded Indebtedness of others secured by (or for which the holder of such Funded Indebtedness has an existing right,
contingent or otherwise, to be secured by) any Lien on, or payable out of the proceeds of production from, property owned or acquired by such Person, whether or not the obligations secured thereby have been assumed; 

(i) all Guarantees with respect to Funded Indebtedness of the types specified in clauses (a) through (h) above of
another Person; and 
 (j) all Funded Indebtedness of the types referred to in clauses (a) through (i) above of any
partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which such Person is a general partner or joint venturer, except to the extent that Funded Indebtedness is expressly made
non-recourse to such Person. 
 For purposes hereof, the amount of any direct obligation arising under letters of credit (including standby
and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments shall be the maximum amount available to be drawn thereunder. 

“GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of
the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board, consistently applied (except for changes in the application of which
Parent’s accountants concur) and as in effect from time to time. 

  
 16 

 “Garrison” means Garrison Litigation Management Group, Ltd., a North Carolina
corporation. 
 “GIC” means the guaranteed investment contract with a contract value of $2.3 million described in Note 19,
“Commitments and Contingencies” under the heading “Crucible Materials Corporation” in the Form 10-K filed by Parent for the year ended December 31, 2013. 

“Governmental Authority” means the government of the United States or any other nation, or of any political subdivision
thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining
to government (including any supra-national bodies such as the European Union or the European Central Bank). 
 “GST Group”
means GST LLC, Garrison and their direct or indirect subsidiaries. 
 “GST LLC” means Garlock Sealing Technologies, LLC, a
North Carolina limited liability company. 
 “Guarantee” means, as to any Person, (a) any obligation, contingent or
otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and
including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or
services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other
financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other
manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing
any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount
of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably
anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning. 

“Guarantors” means (a) each Domestic Subsidiary identified as a “Guarantor” on the signature pages hereto,
(b) each other Domestic Subsidiary that joins as a Guarantor pursuant to Section 7.12, (c) with respect to (i) Obligations under any Secured Swap Agreement, (ii) Obligations under any Secured Treasury Management
Agreement, (iii) any Swap Obligation of a Specified Loan Party (determined before giving effect to Sections 4.01 and 4.08) under the Guaranty, the Borrowers, (d) with respect to the Obligations of a Borrower, each other
Borrower, and (e) the successors and permitted assigns of the foregoing. 
 “Guaranty” means the Guaranty made by the
Guarantors in favor of the Administrative Agent, the Lenders and the other holders of the Obligations pursuant to Article IV. 

“Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes
or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature regulated pursuant to
any Environmental Law. 

  
 17 

 “Honor Date” has the meaning set forth in Section 2.03(c). 

“IFRS” means international accounting standards within the meaning of IAS Regulation 1606/2002 to the extent applicable to
the relevant financial statements delivered under or referred to herein. 
 “Impacted Loans” has the meaning specified in
Section 3.03. 
 “Incremental Facilities” has the meaning specified in Section 2.01(b). 

“Incremental Facility Amendment” has the meaning specified in Section 2.01(b). 

“Incremental Facility Commitment” has the meaning specified in Section 2.01(b). 

“Incremental Revolving Increase” has the meaning specified in Section 2.01(b). 

“Incremental Term Facility” has the meaning specified in Section 2.01(b). 

“Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not
included as indebtedness or liabilities in accordance with GAAP: 
 (a) all Funded Indebtedness; 

(b) the Swap Termination Value of any Swap Contract; 

(c) all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) and (b) above of
any other Person; and 
 (d) all Indebtedness of the types referred to in clauses (a) through (c) above of any
partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which such Person or a Subsidiary thereof is a general partner or joint venturer, unless such Indebtedness is expressly made
non-recourse to such Person or such Subsidiary. 
 “Indemnified Taxes” means (a) Taxes, other than Excluded Taxes,
imposed on or with respect to any payment made by or on account of any obligation of any Loan Party under any Loan Document and (b) to the extent not otherwise described in (a), Other Taxes. 

“Indemnitees” has the meaning specified in Section 11.04(b). 

“Information” has the meaning specified in Section 11.07. 

“Intercompany Services Agreements” means a collective reference to the Intercompany Services Agreement dated as of
June 1, 2010 among Parent, Coltec and GST LLC and the Intercompany Services Agreement dated as of June 1, 2010 among Parent, Coltec and Garrison. 

  
 18 

 “Interest Payment Date” means (a) as to any Eurodollar Rate Loan, the last
day of each Interest Period applicable to such Loan and the Maturity Date; provided, however, that if any Interest Period for a Eurodollar Rate Loan exceeds three months, the respective dates that fall every three months after the
beginning of such Interest Period shall also be Interest Payment Dates; and (b) as to any Base Rate Loan (including a Swing Line Loan), the third calendar day after the end of each March, June, September and December and the Maturity Date. 

“Interest Period” means as to each Eurodollar Rate Loan, the period commencing on the date such Eurodollar Rate Loan is
disbursed or converted to or continued as a Eurodollar Rate Loan and ending on the date one, two, three or six months thereafter (in each case, subject to availability), as selected by the Borrower Representative in its Loan Notice; provided
that: 
 (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next
succeeding Business Day unless, in the case of a Eurodollar Rate Loan, such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; 

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

(c) no Interest Period with respect to any Revolving Loan shall extend beyond the Maturity Date. 

“Interim Financial Statements” has the meaning set forth in Section 5.01(c)(ii). 

“Internal Revenue Code” means the Internal Revenue Code of 1986, as amended. 

“Internal Revenue Service” means the United States Internal Revenue Service. 

“Investment” means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means of
(a) the purchase or other acquisition of Equity Interests of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of Indebtedness of, or purchase or other acquisition of any other debt or equity
participation or interest in, another Person, including any partnership or joint venture interest in such other Person and any arrangement pursuant to which the investor Guarantees Indebtedness of such other Person, or (c) an Acquisition. For
purposes of covenant compliance, the amount of any Investment shall be the amount actually invested after the Closing Date, without adjustment for subsequent increases or decreases in the value of such Investment but giving effect to any returns or
distributions of capital or repayment of principal actually received in cash by such Person with respect thereto (but only to the extent that the aggregate amount of all such returns, distributions and repayments with respect to such Investment does
not exceed the principal amount of such Investment and less any such amounts which increase the Cumulative Credit). 
 “Involuntary
Disposition” means any loss of, damage to or destruction of, or any condemnation or other taking for public use of, any property of any Loan Party or any of its Subsidiaries. 

“IP Rights” has the meaning specified in Section 6.17. 

“ISP” means, with respect to any Letter of Credit, the “International Standby Practices 1998” published by the
Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance). 

  
 19 

 “Issuer Documents” means with respect to any Letter of Credit, the Letter of
Credit Application, and any other document, agreement and instrument entered into by the L/C Issuer and the applicable Borrower (or any Subsidiary) or in favor of the L/C Issuer and relating to any such Letter of Credit. 

“Joinder Agreement” means a joinder agreement substantially in the form of Exhibit E executed and delivered by a
Domestic Subsidiary in accordance with the provisions of Section 7.12. 
 “Laws” means, collectively, all
international, foreign, federal, state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any
Governmental Authority charged with the enforcement, interpretation or administration thereof, and all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental
Authority, in each case whether or not having the force of law. 
 “L/C Advance” means, with respect to each Lender, such
Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage. 
 “L/C
Borrowing” means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Borrowing of Revolving Loans. 

“L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date
thereof, or the increase of the amount thereof. 
 “L/C Issuer” means Bank of America in its capacity as issuer of Letters
of Credit hereunder, or any successor issuer of Letters of Credit hereunder. 
 “L/C Obligations” means, as at any date of
determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under
any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.09. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount
may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. 

“Lenders” means each of the Persons identified as a “Lender” on the signature pages hereto, each Person that
executes a lender joinder agreement or commitment agreement in accordance with Section 2.01(b), each of their successors and assigns and, as the context requires, includes the Swing Line Lender. 

“Lending Office” means, as to any Lender, the office or offices of such Lender described as such in such Lender’s
Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Borrower Representative and the Administrative Agent. 

“Letter of Credit” means any commercial or standby letter of credit issued hereunder providing for the payment of cash upon
the honoring of a presentation thereunder and shall include the Existing Letter(s) of Credit. Letters of Credit may be issued in Dollars or in an Alternative Currency. 

“Letter of Credit Application” means an application and agreement for the issuance or amendment of a letter of credit in the
form from time to time in use by the L/C Issuer. 

  
 20 

 “Letter of Credit Expiration Date” means the day that is seven days prior to the
Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day). 
 “Letter of Credit
Fee” has the meaning specified in Section 2.03(h). 
 “Letter of Credit Sublimit” means an amount
equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $30,000,000. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments. 

“LIBOR” has the meaning specified in the definition of “Eurodollar Base Rate”. 

“LIBOR Rate” has the meaning specified in the definition of “Eurodollar Base Rate”. 

“Lien” means any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other),
charge, or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale or other title retention agreement, any easement, right of
way or other encumbrance on title to real property, and any financing lease having substantially the same economic effect as any of the foregoing). 

“Loan” means an extension of credit by a Lender to the Borrowers under Article II in the form of a Revolving Loan,
Swing Line Loan or and term loan under an Incremental Term Facility. 
 “Loan Documents” means this Agreement, each Note,
each Issuer Document, each Joinder Agreement, any agreement creating or perfecting rights in Cash Collateral pursuant to the provisions of Section 2.14 of this Agreement, each Subordination Agreement, each Collateral Document, the Fee
Letter and any other agreement, instrument or document designated by its terms as a “Loan Document” (but specifically excluding Secured Swap Agreements and Secured Treasury Management Agreements). 

“Loan Notice” means a notice of (a) a Borrowing of Loans, (b) a conversion of Loans from one Type to the other, or
(c) a continuation of Eurodollar Rate Loans, in each case pursuant to Section 2.02(a), which shall be substantially in the form of Exhibit A or such other form as may be approved by the Administrative Agent (including any
form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower Representative. 

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

“London Banking Day” means any day on which dealings in Dollar deposits are conducted by and between banks in the London
interbank eurodollar market. 
 “Master Agreement” has the meaning specified in the definition of “Swap
Contract”. 
 “Material Adverse Effect” means (a) a material adverse change in, or a material adverse effect
upon, the operations, business, assets, properties or condition (financial or otherwise) of the Parent and its Subsidiaries, taken as a whole; (b) a material impairment of the rights and remedies of the Administrative Agent or any Lender under
any Loan Document to which it is a party; (c) a material impairment of the ability of the Parent and its Subsidiaries, taken as a whole, to perform their obligations under any Loan Document to which they are a party; or (d) a material
adverse effect upon the legality, validity, binding effect or enforceability against any Borrower or any Material Guarantor of any Loan Document to which it is a party. 

  
 21 

 “Material Guarantor” means, at any time of determination, a Guarantor that is a
Material Subsidiary. 
 “Material Subsidiary” means, at any time of determination, a Subsidiary of the Parent with assets
that have an aggregate net book value of more than $10,000,000. 
 “Maturity Date” means August 28, 2019. 

“Membership Interests” means the membership interests of Compressor Products International LLC (f/k/a Coltec Industrial
Products LLC), a Delaware limited liability company, and GGB LLC, a Delaware limited liability company, previously owned by GST LLC and sold to Coltec pursuant to the CIP/GGB Purchase Agreement. 

“Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit
account balances provided to reduce or eliminate Fronting Exposure during the existence of a Defaulting Lender, an amount equal to 102% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time,
(b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal to 102% of the Outstanding
Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion. 

“MLPFS” means Merrill Lynch, Pierce, Fenner & Smith Incorporated. 

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

“Mortgages” means the mortgages, deeds of trust or deeds to secure debt that purport to grant to the Administrative Agent,
for the benefit of the holders of the Obligations, a security interest in the fee interest and/or leasehold interests of any Loan Party in real property (other than Excluded Property). 

“Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which a
Borrower or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 

“Multiple Employer Plan” means a Plan which has two or more contributing sponsors (including a Borrower or any ERISA
Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA. 

“Non-Consenting Lender” means any Lender that does not approve any consent, waiver or amendment that (a) requires the
approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders. 

“Non-Defaulting Lender” means, at any time, each Lender that is not a Defaulting Lender at such time. 

“Note” has the meaning specified in Section 2.11(a). 

“Obligations” means with respect to each Borrower and each Guarantor, (a) all advances to, and debts, liabilities,
obligations, covenants and duties of, any Loan Party arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit, and (b) all obligations of any Loan Party owing to a Treasury Management Bank or a Swap Bank in
respect of Secured Treasury Management 

  
 22 

 
Agreements or Secured Swap Agreements, in the case of each of clauses (a) and (b), whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to
become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in
such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding; provided, however, that the “Obligations” of a Loan Party shall exclude any Excluded Swap Obligations with respect to such
Loan Party. 
 “Organization Documents” means, (a) with respect to any corporation, the certificate or articles of
incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b) with respect to any limited liability company, the certificate or articles of formation or organization and
operating agreement; and (c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and any agreement, instrument, filing
or notice with respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or
organization of such entity. 
 “Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of
a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under,
received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). 

“Other Taxes” means all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes that
arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes that
are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 3.06). 

“Outstanding Amount” means (a) with respect to any Loans on any date, the aggregate outstanding principal amount thereof
after giving effect to any borrowings and prepayments or repayments of any Loans occurring on such date; and (b) with respect to any L/C Obligations on any date, the amount of such L/C Obligations on such date after giving effect to any L/C
Credit Extension occurring on such date and any other changes in the aggregate amount of the L/C Obligations as of such date, including as a result of any reimbursements by any Borrower of Unreimbursed Amounts. 

“Parent” has the meaning specified in the introductory paragraph hereto. 

“Participant” has the meaning specified in Section 11.06(d). 

“Participant Register” has the meaning specified in Section 11.06(d). 

“Participating Member State” means any member state of the European Union that adopts or has adopted the Euro as its lawful
currency in accordance with legislation of the European Union relating to Economic and Monetary Union. 
 “PBGC” means the
Pension Benefit Guaranty Corporation or any successor thereto. 
 “Pension Act” means the Pension Protection Act of 2006.

  
 23 

 “Pension Funding Rules” means the rules of the Internal Revenue Code and ERISA
regarding minimum required contributions (including any installment payment thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412 of the Internal Revenue Code
and Section 302 of ERISA, each as in effect prior to the Pension Act and, thereafter, Section 412, 430, 431, 432 and 436 of the Internal Revenue Code and Sections 302, 303, 304 and 305 of ERISA. 

“Pension Plan” means any employee pension benefit plan (including a Multiple Employer Plan or a Multiemployer Plan) that is
maintained or is contributed to by any Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to minimum funding standards under Section 412 of the Internal Revenue Code. 

“Permitted Acquisitions” means Investments consisting of an Acquisition by any Loan Party, provided that (a) no
Default shall have occurred and be continuing or would result from such Acquisition, (b) the property acquired (or the property of the Person acquired) in such Acquisition is used or useful in a line of business permitted under
Section 8.07, (c) the Administrative Agent shall have received all items in respect of the Equity Interests or property acquired in such Acquisition required to be delivered by the terms of Section 7.12 and/or
Section 7.14 on or before the date by which such items are required to be delivered, (d) in the case of an Acquisition of the Equity Interests of another Person, the board of directors (or other comparable governing body) of such
other Person shall have not announced that it will oppose such Acquisition (and, in the case of an Acquisition of the Equity Interest of such Person by merger, the board of directors (or other comparable governing body) of such Person shall have
duly approved such merger), (e) upon giving effect to such Acquisition and any incurrence of Indebtedness in connection therewith on a Pro Forma Basis, the Loan Parties would be in compliance with the financial covenants set forth in
Section 8.11 as of the most recent fiscal quarter end for which the Borrowers were required to deliver financial statements pursuant to Section 7.01(a) or (b) and, if requested by the Administrative Agent for any
Acquisition for which the purchase price (including Earnout Obligations) exceeds the Threshold Amount, the Borrower Representative shall have delivered to the Administrative Agent a Pro Forma Compliance Certificate demonstrating such compliance,
(f) if requested by the Administrative Agent for any Acquisition for which the purchase price (including Earnout Obligations) exceeds the Threshold Amount, the Borrower Representative shall have delivered to the Administrative Agent pro forma
financial statements for the Parent and its Subsidiaries after giving effect to such Acquisition for the twelve month period ending as of the most recent fiscal quarter for which the Borrowers were required to deliver financial statements pursuant
to Section 7.01(a) or (b), in a form reasonably satisfactory to the Administrative Agent, (g) the representations and warranties made by the Loan Parties in each Loan Document shall be true and correct in all material
respects (and in all respects if any such representation or warranty is already qualified by materiality or reference to Material Adverse Effect) at and as if made as of the date of such Acquisition (after giving effect thereto) except to the extent
such representations and warranties expressly relate to an earlier date in which case they shall be true and correct in all material respects (and in all respects if any such representation or warranty is already qualified by materiality or
reference to Material Adverse Effect) as of such earlier date and except that for purposes of this clause (g), the representations and warranties contained in subsections (a) and (b) of Section 6.05 shall be deemed to refer to
the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 7.01, (h) if such transaction involves the purchase of an interest in a partnership between a Borrower (or a Subsidiary) as a
general partner and entities unaffiliated with the Borrowers or such Subsidiary as the other partners, such transaction shall be effected by having such equity interest acquired by a corporate holding company directly or indirectly wholly-owned by
the Parent newly formed for the sole purpose of effecting such transaction, and (i) immediately after giving effect to such Acquisition and any incurrence of Indebtedness in connection therewith, either (i) the sum of availability under
the Aggregate Revolving Commitments plus unrestricted cash and Cash Equivalents of the Loan Parties shall be at least $35,000,000 or (ii) both (A) the sum of availability under the 

  
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Aggregate Revolving Commitments plus unrestricted cash and Cash Equivalents of the Loan Parties shall be at least $20,000,000 and (B) the Consolidated Net Leverage Ratio, calculated
on a Pro Forma Basis as of the most recent fiscal quarter end for which the Borrowers were required to deliver financial statements pursuant to Section 7.01(a) or (b), is not more than 3.75 to 1.00. 

“Permitted Liens” means, at any time, Liens in respect of property of any Loan Party or any of its Subsidiaries permitted to
exist at such time pursuant to the terms of Section 8.01. 
 “Person” means any natural person, corporation,
limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 

“Plan” means any employee benefit plan within the meaning of Section 3(3) of ERISA (including a Pension Plan),
maintained for employees of any Borrower or any ERISA Affiliate or any such Plan to which any Borrower or any ERISA Affiliate is required to contribute on behalf of any of its employees. 

“Platform” has the meaning specified in Section 7.02. 

“Pro Forma Basis”, “Pro Forma Compliance” and “Pro Forma Effect” means, in respect of a
Specified Transaction, that such Specified Transaction and the following transactions in connection therewith (to the extent applicable) shall be deemed to have occurred as of the first day of the applicable period of measurement for the applicable
covenant or requirement: (a) (i) with respect to any Disposition, Involuntary Disposition or sale, transfer or other disposition that results in a Person ceasing to be a Subsidiary, income statement and cash flow statement items (whether
positive or negative) attributable to the Person or property disposed of shall be excluded and (ii) with respect to any Acquisition or Investment, income statement and cash flow statement items (whether positive or negative) attributable to the
Person or property acquired shall be included to the extent relating to any period applicable in such calculations to the extent (A) such items are not otherwise included in such income statement items for the Parent and its Subsidiaries in
accordance with GAAP or in accordance with any defined terms set forth in Section 1.01 and (B) such items are supported by financial statements or other information reasonably satisfactory to the Administrative Agent, (b) any
retirement of Indebtedness and (c) any incurrence or assumption of Indebtedness by the Parent or any Subsidiary (and if such Indebtedness has a floating or formula rate, such Indebtedness shall have an implied rate of interest for the
applicable period for purposes of this definition determined by utilizing the rate which is or would be in effect with respect to such Indebtedness as at the relevant date of determination); provided, that, Pro Forma Basis, Pro Forma
Compliance and Pro Forma Effect in respect of any Specified Transaction shall be calculated in a reasonable and factually supportable manner and certified by a Responsible Officer of the Borrower Representative; provided, further,
that, at all times prior to the first delivery of financial statements pursuant to Section 7.01(a) or (b), this definition shall be applied based on the pro forma financial statements of the Parent and its Subsidiaries delivered
to the Administrative Agent prior to the Closing Date (and posted on SyndTrak for the Lenders) and thereafter, based on the most recent financial statements delivered pursuant to Section 7.01(a) or (b). 

“Pro Forma Compliance Certificate” means a certificate of a Responsible Officer of the Borrower Representative containing
reasonably detailed calculations of the Consolidated Net Leverage Ratio and the Consolidated Interest Coverage Ratio as of the most recent fiscal quarter end for which the Borrowers were required to deliver financial statements pursuant to
Section 7.01(a) or (b) after giving Pro Forma Effect to the applicable Specified Transaction; provided, that, at all times prior to the first delivery of financial statements pursuant to Section 7.01(a) or
(b), such certificate shall contain calculations based on the pro forma financial statements of the Parent and its Subsidiaries delivered to the Administrative Agent prior to the Closing Date (and posted on SyndTrak for the Lenders). 

  
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 “Public Lender” has the meaning specified in Section 7.02. 

“Qualified ECP Guarantor” means, at any time, each Loan Party with total assets exceeding $10,000,000 or that qualified at
such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity
Exchange Act. 
 “Qualified Equity Issuance” means any sale or issuance of any Equity Interests (other than Disqualified
Stock) of the Parent or contribution to the capital of the Parent (other than in respect of Disqualified Stock), in each case the proceeds of which are received by, or contributed to the common equity of, the Parent. 

“Real Property Security Documents” means with respect to the fee interest of any Loan Party in any real property (it being
understood that the requirements set forth in paragraphs (b), (e) and (f) have been deemed satisfied by documentation delivered under the Existing Credit Agreement with respect to all owned real property being encumbered as of the Closing
Date): 
 (a) a fully executed and notarized Mortgage encumbering the fee interest and/or leasehold interest of such Loan
Party in such real property; 
 (b) if requested by the Administrative Agent in its sole discretion, maps or plats of an
as-built survey of the sites of such real property certified to the Administrative Agent and the title insurance company issuing the policies referred to in clause (c) of this definition in a manner satisfactory to each of the Administrative
Agent and such title insurance company, dated a date satisfactory to each of the Administrative Agent and such title insurance company by an independent professional licensed land surveyor, which maps or plats and the surveys on which they are based
shall be sufficient to delete any standard printed survey exception contained in the applicable title policy and be made in accordance with the Minimum Standard Detail Requirements for Land Title Surveys jointly established and adopted by the
American Land Title Association and the American Congress on Surveying and Mapping in 2011 with items 2, 3, 4, 6(b), 7(a), 7(b)(1), 7(c), 8, 9, 10, 11(a), 13, 14, 16,17, 18 and 19 on Table A thereof completed; 

(c) ALTA mortgagee title insurance policies issued by a title insurance company acceptable to the Administrative Agent with
respect to such real property, assuring the Administrative Agent that the Mortgage covering such real property creates a valid and enforceable first priority mortgage lien on such real property, free and clear of all defects and encumbrances except
Permitted Liens, which title insurance policies shall otherwise be in form and substance satisfactory to the Administrative Agent and shall include such endorsements as are requested by the Administrative Agent; 

(d) evidence as to (i) whether such real property is in an area designated by the Federal Emergency Management Agency as
having special flood or mud slide hazards (a “Flood Hazard Property”) and (ii) if such real property is a Flood Hazard Property, (A) whether the community in which such real property is located is participating in the
National Flood Insurance Program, (B) the applicable Loan Party’s written acknowledgment of receipt of written notification from the Administrative Agent (1) as to the fact that such real property is a Flood Hazard Property and
(2) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program and (C) copies of insurance policies or certificates of insurance of the Parent and its
Subsidiaries evidencing flood insurance satisfactory to the Administrative Agent and naming the Administrative Agent and its successors and/or assigns as sole loss payee on behalf of the Lenders; 

  
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 (e) if requested by the Administrative Agent in its sole discretion, an
environmental assessment report, as to such real property, in form and substance and from professional firms acceptable to the Administrative Agent; 

(f) if requested by the Administrative Agent in its sole discretion, evidence reasonably satisfactory to the Administrative
Agent that such real property, and the uses of such real property, are in compliance in all material respects with all applicable zoning laws (the evidence submitted as to which should include the zoning designation made for such real property, the
permitted uses of such real property under such zoning designation and, if available, zoning requirements as to parking, lot size, ingress, egress and building setbacks); and 

(g) if requested by the Administrative Agent in its sole discretion, an opinion of legal counsel to the Loan Party granting the
Mortgage on such real property, addressed to the Administrative Agent and each Lender, in form and substance reasonably acceptable to the Administrative Agent. 

“Recipient” means the Administrative Agent, any Lender, the L/C Issuer or any other recipient of any payment to be made by or
on account of any obligation of any Loan Party hereunder. 
 “Re-Consolidation Date” means, with respect to a member of the
GST Group, sixty days (or such shorter number of days agreed upon by the Administrative Agent and the Borrower Representative) after such member of the GST Group becomes a consolidated subsidiary of Parent under GAAP, including due to substantial
consummation of a plan of reorganization related to the Chapter 11 proceedings of GST LLC, Garrison and Anchor Packing Company ongoing as of the Closing Date in the U.S. Bankruptcy Court for the Western District of North Carolina. 

“Register” has the meaning specified in Section 11.06(c). 

“Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers,
employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s Affiliates. 

“Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the
thirty-day notice period has been waived. 
 “Request for Credit Extension” means (a) with respect to a Borrowing,
conversion or continuation of Loans, a Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice. 

“Required Lenders” means, at any time, Lenders having Total Credit Exposures representing more than 50% of the Total Credit
Exposures of all Lenders. The Total Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Lenders at any time; provided that, the amount of any participation in any Swing Line Loan and Unreimbursed Amounts that
such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swing Line Lender or L/C Issuer, as the case may be, in making such determination. 

  
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 “Responsible Officer” means the chief executive officer, president, chief
financial officer, treasurer, assistant treasurer, chief legal officer or chief accounting officer of a Loan Party and, solely for purposes of the delivery of certificates pursuant to Sections 5.01 or 7.12(b), the secretary or any
assistant secretary of a Loan Party and, solely for purposes of notices given pursuant to Article II, any other officer or employee of the applicable Loan Party so designated by any of the foregoing officers in a notice to the Administrative
Agent or any other officer or employee of the applicable Loan Party designated in or pursuant to an agreement between the applicable Loan Party and the Administrative Agent. Any document delivered hereunder that is signed by a Responsible Officer of
a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of
such Loan Party. To the extent requested by the Administrative Agent, each Responsible Officer will provide an incumbency certificate and appropriate authorization documentation, in each case, in form and substance satisfactory to the Administrative
Agent. 
 “Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property)
with respect to any Equity Interests of any Loan Party or any Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition,
cancellation or termination of any such Equity Interests or on account of any return of capital to such Person’s stockholders, partners or members (or the equivalent Person thereof), or any setting apart of funds or property for any of the
foregoing. 
 “Revaluation Date” means with respect to any Letter of Credit, each of the following: (i) each date of
issuance of a Letter of Credit denominated in an Alternative Currency, (ii) each date of an amendment of any such Letter of Credit having the effect of increasing the amount thereof, (iii) each date of any payment by the L/C Issuer under
any Letter of Credit denominated in an Alternative Currency, (iv) in the case of all Existing Letters of Credit denominated in Alternative Currencies, the Closing Date, and (v) such additional dates as the Administrative Agent or the L/C
Issuer shall determine or the Required Lenders shall require. 
 “Revolving Commitment” means, as to each Lender, its
obligation to (a) make Revolving Loans to the Borrowers pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any
one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption or other agreement pursuant to which such Lender becomes a party hereto, as applicable, as such
amount may be adjusted from time to time in accordance with this Agreement. 
 “Revolving Credit Exposure” means, as to any
Lender at any time, the aggregate principal amount at such time of its outstanding Revolving Loans and such Lender’s participation in L/C Obligations and Swing Line Loans at such time. 

“Revolving Loan” has the meaning specified in Section 2.01(a). 

“S&P” means Standard & Poor’s Financial Services LLC, a subsidiary of McGraw Hill Financial, Inc., and any
successor thereto. 
 “Sale and Leaseback Transaction” means, with respect to any Loan Party or any Subsidiary, any
arrangement, directly or indirectly, with any Person whereby the Loan Party or such Subsidiary shall sell or transfer any property used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or
other property that it intends to use for substantially the same purpose or purposes as the property being sold or transferred. 

“Sanctions” has the meaning set forth in Section 6.22. 

“Scheduled Dispositions” has the meaning set forth in the definition of “Disposition.” 

  
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 “SEC” means the Securities and Exchange Commission, or any Governmental
Authority succeeding to any of its principal functions. 
 “Secured Party Designation Notice” means a notice from any
Lender or an Affiliate of a Lender substantially in the form of Exhibit H. 
 “Secured Swap Agreement” means any
Swap Contract permitted under Section 8.03 between any Loan Party or Subsidiary and any Swap Bank; provided that for any of the foregoing to be included as a “Secured Swap Agreement” on any date of determination by the
Administrative Agent, the applicable Swap Bank (other than the Administrative Agent or an Affiliate of the Administrative Agent) must have delivered a Secured Party Designation Notice to the Administrative Agent prior to such date of determination.

 “Secured Treasury Management Agreement” means any Treasury Management Agreement between any Loan Party or Subsidiary and
any Treasury Management Bank; provided, that for any of the foregoing to be included as a “Secured Treasury Management Agreement” on any date of determination by the Administrative Agent, the applicable Treasury Management Bank
(other than the Administrative Agent or an Affiliate of the Administrative Agent) must have delivered a Secured Party Designation Notice to the Administrative Agent prior to such date of determination. 

“Securitization Transaction” means, with respect to any Person, any financing transaction or series of financing transactions
(including factoring arrangements) pursuant to which such Person or any Subsidiary of such Person may sell, convey or otherwise transfer, or grant a security interest in, accounts, payments, receivables, rights to future lease payments or residuals
or similar rights to payment to a special purpose subsidiary or affiliate of such Person. 
 “Security Agreement” means the
security agreement dated as of the Closing Date executed in favor of the Administrative Agent, for the benefit of the holders of the Obligations, by each of the Loan Parties. 

“Solvent” or “Solvency” means, with respect to any Person as of a particular date, that on such date
(a) such Person is able to pay its debts and other liabilities, contingent obligations and other commitments as they mature in the ordinary course of business, (b) such Person does not intend to, and does not believe that it will, incur
debts or liabilities beyond such Person’s ability to pay as such debts and liabilities mature in their ordinary course, (c) such Person is not engaged in a business or a transaction, and is not about to engage in a business or a
transaction, for which such Person’s property would constitute unreasonably small capital after giving due consideration to the prevailing practice in the industry in which such Person is engaged or is to engage, (d) the fair value of the
property of such Person is greater than the total amount of liabilities, including, without limitation, contingent liabilities, of such Person and (e) the present fair salable value of the assets of such Person is not less than the amount that
will be required to pay the probable liability of such Person on its debts as they become absolute and matured. In computing the amount of contingent liabilities at any time, it is intended that such liabilities will be computed at the amount which,
in light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. 

“Specified Loan Party” has the meaning set forth in Section 4.08. 

“Specified Transaction” means (a) any Acquisition, any Disposition of assets constituting a business unit, line of
business or division of the Parent or any Subsidiary, any sale, transfer or other disposition that results in a Person ceasing to be a Subsidiary, any Involuntary Disposition, any Investment that results in a Person becoming a Subsidiary, in each
case, to the extent the value of or 

  
 29 

 
consideration for such transaction exceeds the Threshold Amount and whether by merger, consolidation or otherwise, or any incurrence or repayment of Indebtedness in an amount that exceeds the
Threshold Amount, or (b) any other event that by the terms of the Loan Documents requires Pro Forma Compliance with a test or covenant or requires such test or covenant to be calculated on a Pro Forma Basis. 

“Spot Rate” for a currency means the rate determined by the L/C Issuer to be the rate quoted by the Person acting in such
capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date as of which the
foreign exchange computation is made; provided that the L/C Issuer may obtain such spot rate from another financial institution designated by the L/C Issuer if the Person acting in such capacity does not have as of the date of determination a
spot buying rate for any such currency; and provided further that the L/C Issuer may use such spot rate quoted on the date as of which the foreign exchange computation is made in the case of any Letter of Credit denominated in an
Alternative Currency. 
 “Stemco Holdings” means Stemco Holdings, Inc., a Delaware corporation. 

“Stemco Kaiser Ad Valorem Tax Relief Transaction” means the transaction described on Schedule 1.01(e). 

“Stemco LP (DE)” means Stemco Delaware LP, a former Delaware limited partnership. 

“Stemco LP (TX)” means Stemco LP, a Texas limited partnership. 

“Stemco Pledge Agreement” means the Amended and Restated Pledge Agreement dated as of January 1, 2010 executed by Coltec
in favor of GST LLC (as successor by merger to Stemco LP (DE)), pursuant to which Coltec grants GST LLC a Lien in the equity interests Coltec owns of both Stemco Holdings and Stemco LP (TX). 

“Stemco Subordinated Note” means the Amended and Restated Promissory note dated as of January 1, 2010, made by Stemco LP
(TX) and payable to the order of GST LLC (as successor by merger to Stemco LP (DE)) in the original principal amount of $153,865,000. 

“Stemco Subordination Agreement” means the Amended and Restated Subordination Agreement dated as of April 26, 2006, as
amended by the Consent and Letter Amendment dated as of June 1, 2010, among GST LLC (as successor by merger to Stemco LP (DE)), Stemco LP (TX) (as successor to Stemco LLC, a Texas limited liability company), Coltec and the Administrative Agent,
subordinating the Indebtedness evidenced by the Stemco Subordinated Note and the Coltec/Stemco Subordinated Guaranty to the Obligations and subordinating the Lien granted to GST LLC (as successor by merger to Stemco LP (DE)) pursuant to the Stemco
Pledge Agreement to the Liens of the Administrative Agent. 
 “Sterling” and “£” mean the lawful
currency of the United Kingdom. 
 “Subordinated Indebtedness” means any (i) Indebtedness evidenced by the Coltec
Subordinated Note that is at all times subject to the Coltec Subordination Agreement, (ii) Indebtedness evidenced by the Stemco Subordinated Note or under the Coltec/Stemco Subordinated Guaranty that is, in each case, at all times subject to
the Stemco Subordination Agreement, and (iii) other Indebtedness incurred by a Loan Party that is expressly subordinated and made junior in right of payment to the full and final payment of the Obligations and, to the extent that such
Indebtedness is incurred on or after the Closing Date, such Indebtedness has terms and conditions (including terms relating to interest, fees, repayment and subordination) that are reasonably satisfactory to the Administrative Agent. 

  
 30 

 “Subordination Agreement” means any of the Coltec Subordination Agreement, the
Stemco Subordination Agreement and any other subordination agreement executed and delivered after the Closing Date on terms and conditions acceptable to the Administrative Agent. 

“Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business entity
of which a majority of the shares of Voting Stock is at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise specified,
all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Parent. Notwithstanding anything herein to the contrary, no member of the GST Group shall be deemed to be a
Subsidiary hereunder until the Re-Consolidation Date. 
 “Swap Bank” means any Person that (a) at the time it enters
into a Swap Contract, is a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent, (b) in the case of any Swap Contract in effect on or prior to the Closing Date, is, as of the Closing Date or within 30 days
thereafter, a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent and a party to a Swap Contract or (c) within 30 days after the time it enters into the applicable Swap Contract, becomes a Lender, the
Administrative Agent or an Affiliate of a Lender or the Administrative Agent, in each case, in its capacity as a party to such Swap Contract. 

“Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate
transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions,
interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar
transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any
kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master
Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement. 

“Swap Obligation” means with respect to any Loan Party any obligation to pay or perform under any agreement, contract or
transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act. 
 “Swap
Termination Value” means, in respect of any one or more Swap Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap
Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s) and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for
such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender). 

“Swing Line Lender” means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender
hereunder. 
 “Swing Line Loan” has the meaning specified in Section 2.04(a). 

  
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 “Swing Line Loan Notice” means a notice of a Borrowing of Swing Line Loans
pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit B or such other form as is approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as
shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower Representative. 

“Swing Line Sublimit” means an amount equal to the lesser of (a) $15,000,000 and (b) the Aggregate Revolving
Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments. 
 “Synthetic
Lease” means any synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing arrangement whereby the arrangement is considered borrowed money indebtedness for tax purposes but is classified
as an operating lease or does not otherwise appear on a balance sheet under GAAP. 
 “Taxes” means all present or future
taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 

“Threshold Amount” means $30,000,000. 

“Total Credit Exposure” means, as to any Lender at any time, the unused Commitments of such Lender at such time, the
outstanding Loans of such Lender at such time and such Lender’s participation in L/C Obligations and Swing Line Loans at such time. 

“Total Revolving Outstandings” means the aggregate Outstanding Amount of all Revolving Loans, all Swing Line Loans and all
L/C Obligations. 
 “Transaction Costs” means all costs, fees, expenses and premiums (including tender and redemption
premiums) associated with the issuance of any Indebtedness pursuant to Section 8.03(g), repurchasing and repaying the Convertible Debentures (whether at maturity, upon conversion, by tender offer or through privately negotiated purchases
and including any costs, fees and expenses associated with consummating the transactions contemplated by the call option and warrant transactions entered into in connection with the issuance of the Convertible Debentures), and entering into this
Agreement and the other Loan Documents. 
 “Treasury Management Agreement” means any agreement governing the provision of
treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation
and reporting and trade finance services and other cash management services. 
 “Treasury Management Bank” means any Person
that (a) at the time it enters into a Treasury Management Agreement, is a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent, (b) in the case of any Treasury Management Agreement in effect on or
prior to the Closing Date, is, as of the Closing Date or within 30 days thereafter, a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent and a party to a Treasury Management Agreement or (c) within 30
days after the time it enters into the applicable Treasury Management Agreement, becomes a Lender, the Administrative Agent or an Affiliate of a Lender or the Administrative Agent, in each case, in its capacity as a party to such Treasury Management
Agreement. 

  
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 “Type” means, with respect to any Loan, its character as a Base Rate Loan or a
Eurodollar Rate Loan. 
 “UCP” means, with respect to any Letter of Credit, the Uniform Customs and Practice for
Documentary Credits, International Chamber of Commerce (“ICC”) Publication No. 600 (or such later version thereof as may be in effect at the time of issuance). 

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

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

“U.S. Person” means any Person that is a “United States Person” as defined in Section 7701(a)(30) of the
Internal Revenue Code. 
 “U.S. Tax Compliance Certificate” has the meaning specified in
Section 3.01(e)(ii)(B)(III). 
 “Voting Stock” means, with respect to any Person, Equity Interests issued by
such Person the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even though the right so to vote has been suspended by the
happening of such a contingency. 
 “Wholly Owned Subsidiary” means any Person 100% of whose Equity Interests are at the
time owned by the Parent directly or indirectly through other Persons 100% of whose Equity Interests are at the time owned, directly or indirectly, by the Parent. 

1.02 Other Interpretive Provisions. 

With reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such other Loan Document: 

(a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the
context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase
“without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of or reference to any
agreement, instrument or other document (including the Loan Documents and any Organization Document) shall be construed as referring to such agreement, instrument or other document as from time to time amended, modified, extended, restated, replaced
or supplemented from time to time (subject to any restrictions on such amendments, supplements or modifications set forth herein or in any other Loan Document), (ii) any reference herein to any Person shall be construed to include such
Person’s successors and assigns, (iii) the words “hereto”, “herein,” “hereof” and “hereunder,” and words of similar import when used in any Loan Document, shall be
construed to refer to such Loan Document in its entirety and not to any particular provision thereof, (iv) all references in a Loan Document to Articles, Sections, Preliminary Statements, Exhibits and Schedules shall be construed to refer to
Articles and Sections of, and Preliminary Statements, Exhibits and Schedules to, the Loan Document in which such references appear, (v) any reference to any law shall include all statutory and regulatory rules, regulations, orders and
provisions consolidating, amending, replacing or interpreting such law and any reference to any law or regulation shall, unless otherwise specified, refer to such law or regulation as amended, modified, extended, restated, replaced or supplemented
from time to time, and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all real and personal property and tangible and intangible assets and
properties, including cash, securities, accounts and contract rights. 

  
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 (b) In the computation of periods of time from a specified date to a later
specified date, the word “from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means “to and
including.” 
 (c) Section headings herein and in the other Loan Documents are included for convenience of reference
only and shall not affect the interpretation of this Agreement or any other Loan Document. 
 1.03 Accounting Terms. 

(a) Generally. Except as otherwise specifically prescribed herein, all accounting terms not specifically or completely
defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a
consistent basis (except for changes in the application of which such accountants concur), as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically
prescribed herein; provided, however, that calculations of Attributable Indebtedness under any Synthetic Lease or the implied interest component of any Synthetic Lease shall be made by the Borrower Representative in accordance with
accepted financial practice and consistent with the terms of such Synthetic Lease. Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein,
Indebtedness of the Parent and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded. 

(b) Changes in GAAP. The Borrower Representative will provide a written summary of material changes in GAAP affecting
the financial statements of the Parent or any of its Subsidiaries and in the consistent application thereof with each annual and quarterly Compliance Certificate delivered in accordance with Section 7.02(b). If at any time any change in
GAAP (including the adoption of IFRS) would affect the computation of any financial ratio or requirement set forth in any Loan Document, and either the Borrower Representative or the Required Lenders shall so request, the Administrative Agent, the
Lenders and the Borrowers shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until
so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrowers shall provide to the Administrative Agent and the Lenders financial statements and other
documents required under this Agreement or as requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP. Without limiting the foregoing, leases
shall continue to be classified and accounted for on a basis consistent with that reflected in the Audited Financial Statements for all purposes of this Agreement, notwithstanding any change in GAAP relating thereto, unless the parties hereto shall
enter into a mutually acceptable amendment addressing such changes, as provided for above. 

  
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 (c) Pro Forma Calculations. Notwithstanding anything to the contrary
contained herein, all calculations of the Consolidated Leverage Ratio (including for purposes of determining the Applicable Rate), the Consolidated Net Leverage Ratio and the Consolidated Interest Coverage Ratio shall be made on a Pro Forma Basis
with respect to all Specified Transactions occurring during the applicable four quarter period to which such calculation relates, and/or subsequent to the end of such four quarter period but not later than the date of such calculation;
provided, that, notwithstanding the foregoing, when calculating the Consolidated Leverage Ratio, the Consolidated Net Leverage Ratio and/or the Consolidated Interest Coverage Ratio for purposes of determining (y) compliance with
Section 8.11 and/or (z) the Applicable Rate, any Specified Transaction and any related adjustment contemplated in the definition of Pro Forma Basis that occurred subsequent to the end of the applicable four quarter period shall not
be given Pro Forma Effect. For purposes of determining compliance with any provision of this Agreement which requires Pro Forma Compliance with any financial covenant set forth in Section 8.11 (or satisfaction of a required ratio by
reference to any financial covenant set forth in Section 8.11), (x) in the case of any such compliance (or satisfaction) determined after delivery of financial statements for the fiscal quarter ending September 30, 2014, such
Pro Forma Compliance (or satisfaction) shall be determined by reference to the maximum Consolidated Net Leverage Ratio and/or minimum Consolidated Interest Coverage Ratio, as applicable, permitted for the fiscal quarter most recently then ended for
which financial statements have been delivered (or were required to have been delivered) in accordance with Section 7.01(a) or (b), or (y) in the case of any such compliance (or satisfaction) determined prior to the delivery
referred to in clause (x) above, such Pro Forma Compliance (or satisfaction) shall be determined by reference to the maximum Consolidated Net Leverage Ratio and/or minimum Consolidated Interest Coverage Ratio, as applicable, permitted
for the fiscal quarter ending September 30, 2014. Notwithstanding anything to the contrary herein, for purposes of calculating the Consolidated Leverage Ratio, the Consolidated Net Leverage Ratio and the Consolidated Interest Coverage Ratio at
any time prior to the first delivery of financial statements pursuant to Section 7.01(a) or (b), such calculation shall be determined based on the pro forma consolidated financial statements of the Parent and its Subsidiaries
delivered to the Administrative Agent prior to the Closing Date (and posted on SyndTrak for the Lenders) and thereafter, based on the most recent financial statements delivered pursuant to Section 7.01(a) or (b). 

(d) Consolidation. All references herein to consolidated financial statements of the Parent and its Subsidiaries or to
the determination of any amount or financial ratio (including any component definition thereof) for the Parent and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to (i) include each variable
interest entity that the Parent is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity were a Subsidiary as defined herein and (ii) exclude all results of operations, amounts and items of or attributable to any
member of the GST Group until the Re-Consolidation Date. 
 1.04 Rounding. 

Any financial ratios required to be maintained by the Borrowers pursuant to this Agreement shall be calculated by dividing the appropriate
component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number).

 1.05 Exchange Rates; Currency Equivalents 

(a) The L/C Issuer shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent
amounts of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the

  
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applicable currencies until the next Revaluation Date to occur. Except for purposes of financial statements delivered by the Loan Parties hereunder or calculating financial covenants hereunder or
except as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as so determined by the L/C Issuer. 

(b) Wherever in this Agreement in connection with the issuance, amendment or extension of a Letter of Credit, an amount, such
as a required minimum or multiple amount, is expressed in Dollars, but such Letter of Credit is denominated in an Alternative Currency, such amount shall be the relevant Alternative Currency Equivalent of such Dollar amount (rounded to the nearest
unit of such Alternative Currency, with 0.5 of a unit being rounded upward), as determined by the L/C Issuer. 
 1.06 Additional
Alternative Currencies 
 (a) The Borrower Representative may from time to time request that Letters of Credit be issued
in a currency other than those specifically listed in the definition of “Alternative Currency;” provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and
convertible into Dollars. Such request shall be subject to the approval of the Administrative Agent and the L/C Issuer. 

(b) Any such request shall be made to the Administrative Agent not later than 11:00 a.m., 10 Business Days prior to the issue
date of the desired Letter of Credit (or such other time or date as may be agreed by the Administrative Agent and the L/C Issuer, in their sole discretion). The Administrative Agent shall promptly notify the L/C Issuer thereof. The L/C Issuer shall
notify the Administrative Agent, not later than 11:00 a.m., 5 Business Days after receipt of such request whether it consents, in its sole discretion, to the issuance of Letters of Credit in such requested currency. 

(c) Any failure by the L/C Issuer to respond to such request within the time period specified in the preceding sentence shall
be deemed to be a refusal by the L/C Issuer to permit Letters of Credit to be issued in such requested currency. If the Administrative Agent and the L/C Issuer consent to the issuance of Letters of Credit in such requested currency, the
Administrative Agent shall so notify the Borrower Representative and such currency shall thereupon be deemed for all purposes to be an Alternative Currency hereunder for purposes of any Letter of Credit issuances. If the Administrative Agent shall
fail to obtain consent to any request for an additional currency under this Section 1.06, the Administrative Agent shall promptly so notify the Borrower Representative. 

1.07 Change of Currency 

(a) Each obligation of the Borrowers to make a payment denominated in the national currency unit of any member state of the
European Union that adopts the Euro as its lawful currency after the date hereof shall be redenominated into Euro at the time of such adoption. If, in relation to the currency of any such member state, the basis of accrual of interest expressed in
this Agreement in respect of that currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or
practice with effect from the date on which such member state adopts the Euro as its lawful currency. Each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time
specify to be appropriate to reflect the adoption of the Euro by any member state of the European Union and any relevant market conventions or practices relating to the Euro. 

  
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 (b) Each provision of this Agreement also shall be subject to such reasonable
changes of construction as the Administrative Agent may from time to time specify to be appropriate to reflect a change in currency of any other country and any relevant market conventions or practices relating to the change in currency. 

1.08 Times of Day; Rates 

(a) Times of Day. Unless otherwise specified, all references herein to times of day shall be references to Eastern time
(daylight or standard, as applicable). 
 (b) Rates. The Administrative Agent does not warrant, nor accept
responsibility, nor shall the Administrative Agent have any liability with respect to, the administration, submission or any other matter related to the rates in the definition of “Eurodollar Base Rate” or with respect to any comparable or
successor rate thereto. 
 1.09 Letter of Credit Amounts. 

Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the Dollar Equivalent of the stated
amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or more automatic increases
in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the Dollar Equivalent of the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount
is in effect at such time. 
 ARTICLE II 

THE COMMITMENTS AND CREDIT EXTENSIONS 

2.01 Commitments. 

(a) Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans
(each such loan, a “Revolving Loan”) to the Borrowers in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s
Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments and (ii) the Revolving Credit
Exposure of any Lender shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this
Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein;
provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans. 
 (b)
Incremental Facilities. The Borrower Representative may from time to time, upon at least ten (10) Business Days’ prior written notice to the Administrative Agent in each case, at any time prior to the Maturity Date, increase the
Aggregate Revolving Commitments (each such increase, an “Incremental Revolving Increase”) and/or add one or more tranches of 

  
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term loans (each an “Incremental Term Facility”; each Incremental Term Facility and each Incremental Revolving Increase are collectively referred to as “Incremental
Facilities”) to this Agreement at the option of the Borrower Representative by an agreement in writing entered into by the Borrowers, the Administrative Agent and each Person (including any existing Lender) that agrees to provide a portion
of such Incremental Facility (each an “Incremental Facility Amendment”); provided that: 
 (i) the
aggregate principal amount of all Incremental Facilities shall not exceed $200,000,000; 
 (ii) no Default shall have
occurred and be continuing, and no Default would exist after giving effect to any Incremental Facility, both on the date on which such Incremental Facility is requested and on the date on which such Incremental Facility is to become effective; 

(iii) each Incremental Facility shall be in a minimum amount of $20,000,000 and in integral multiples of $5,000,000 in excess
thereof (or such lesser amounts as the Administrative Agent may agree); 
 (iv) no existing Lender shall be under any
obligation to provide any Incremental Facility Commitment and any such decision whether to provide an Incremental Facility Commitment shall be in such Lender’s sole and absolute discretion; 

(v) each Person providing any Incremental Facility Commitment shall be an institution selected by the Borrower Representative
that qualifies as an Eligible Assignee and is reasonably acceptable to the Administrative Agent and, in the case of any such institution providing an Incremental Revolving Increase, the L/C Issuer and the Swing Line Lender; 

(vi) each Incremental Facility shall be effective only upon receipt by the Administrative Agent of (A) additional
commitments in respect of such requested Incremental Facility (each an “Incremental Facility Commitment”) from either existing Lenders and/or one or more other institutions that qualify as Eligible Assignees and
(B) documentation from each Person providing an Incremental Facility Commitment evidencing its Incremental Facility Commitment and its obligations under this Agreement in form and substance acceptable to the Administrative Agent; 

(vii) the Administrative Agent shall have received: 

(A) a certificate of the Borrowers dated as of the effective date of such Incremental Facility signed by a Responsible Officer
of the Borrower Representative (1) certifying and attaching resolutions adopted by the board of directors or equivalent governing body of each Borrower approving such Incremental Facility, and (2) certifying that, before and after giving
effect to such Incremental Facility, (x) the representations and warranties contained in Article VI or any other Loan Document, or which are contained in any document furnished at any time under or in connection herewith or therewith,
are true and correct in all material respects (or, in the case of any such representations and warranties that are qualified by materiality or Material Adverse Effect, in all respects as drafted) on and as of the date of such Incremental Facility,
except to the extent that such representations and warranties specifically refer to an earlier 

  
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date, in which case they shall be true and correct in all material respects (or, in the case of any such representations and warranties that are qualified by materiality or Material Adverse
Effect, in all respects as drafted) as of such earlier date, and (y) no Default exists; 
 (B) in the case of an
Incremental Term Facility, a Pro Forma Compliance Certificate demonstrating that after giving effect to the incurrence of such Incremental Term Facility the Borrowers are in compliance with the financial covenants in Section 8.11 on a
Pro Forma Basis; 
 (C) such amendments to the Collateral Documents as the Administrative Agent reasonably requests to cause
the Collateral Documents to secure the Obligations after giving effect to such Incremental Facility; 
 (D) to the extent
requested by the Administrative Agent, customary opinions of legal counsel to the Loan Parties, addressed to the Administrative Agent and each Lender (including each Person providing an Incremental Facility Commitment), dated as of the effective
date of such Incremental Facility; and 
 (E) such other documents and certificates it may reasonably request relating to the
necessary authority for such Incremental Facility and the validity of such Incremental Facility, and any other matters relevant thereto, all in form and substance reasonably satisfactory to the Administrative Agent; 

(viii) in the case of an Incremental Revolving Increase: 

(A) the terms and conditions (including interest rate, interest rate margins, fees (other than arrangement, structuring,
underwriting and similar fees not paid generally to all Lenders under such Incremental Revolving Increase), prepayment terms and final maturity) of such Incremental Revolving Increase shall be the same as the terms applicable to the Aggregate
Revolving Commitments hereunder; 
 (B) Schedule 2.01 shall be deemed revised to include any increase in the Aggregate
Revolving Commitments pursuant to this Section 2.01(b) and to include thereon any Person that becomes a Lender with a Revolving Commitment pursuant to this Section 2.01(b); and 

(C) on the effective date of such Incremental Revolving Increase, the existing Lenders with Revolving Commitments shall make
such assignments (which assignments shall not be subject to the requirements set forth in Section 10.06(b)) of the outstanding Revolving Loans and participation interests in Letters of Credit and Swing Line Loans to the Lenders providing
such Incremental Revolving Increase, and the Administrative Agent may make such adjustments to the Register as are necessary, so that after giving effect to such Incremental Revolving Increase and such assignments and adjustments, each Lender
(including the Lenders providing such Incremental Revolving Increase) will hold its pro rata share (based on its Applicable Percentage of the increased Aggregate Revolving Commitments) of outstanding Revolving Loans and participation interests in
Letters of Credit and Swing Line Loans; and 

  
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 (ix) in the case of an Incremental Term Facility; 

(A) the interest rate, interest rate floors, interest rate margins, fees, discount, prepayment premiums, mandatory prepayments,
amortization and final maturity date for such Incremental Term Facility shall be as agreed by the Borrower Representative and the Lenders providing such Incremental Term Facility; provided that: 

(1) the final maturity of such Incremental Term Facility shall not be earlier than the later of (x) the Maturity Date
with respect to Revolving Loans and (y) the final maturity of any other Incremental Term Facility; 
 (2) the weighted
average life to maturity of such Incremental Term Facility shall not be less than the remaining weighted average life to maturity of any other Incremental Term Facility (in each case, as determined by the Administrative Agent in accordance with
customary financial practice); and 
 (3) all other terms and conditions applicable to such Incremental Term Facility must
be reasonably acceptable to the Administrative Agent; 
 (B) the proceeds of such Incremental Term Facility shall be used for
the purposes described in the definitive documentation for such Incremental Term Facility; 
 (C) Schedule 2.01 shall
be deemed revised to add the commitments and commitment percentages of the Lenders providing the Incremental Term Facility; and 

(D) such Incremental Term Facility shall share ratably in any prepayments of any other Incremental Term Facilities pursuant to
this Agreement (or otherwise provide for more favorable prepayment treatment for the then outstanding other Incremental Term Facilities) and shall have ratable voting rights with the other Incremental Term Facilities (or otherwise provide for more
favorable voting rights for the then outstanding other Incremental Term Facilities). 
 The Incremental Facility Commitments and credit
extensions thereunder shall constitute Commitments and Credit Extensions under, and shall be entitled to all the benefits afforded by, this Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and
ratably from the security interests created by the Collateral Documents and any guarantees provided with respect to the Obligations. The Lenders hereby authorize the Administrative Agent to enter into, and the Lenders agree that this Agreement and
the other Loan Documents shall be amended by, such Incremental Facility Amendments to the extent the Administrative Agent and the Borrower Representative deem necessary in order to establish Incremental Facilities on terms consistent with and/or to
effect the provisions of this Section 2.01(b) (including by adding provisions related to voluntary and mandatory prepayments of term loans under any Incremental Term Facility as deemed appropriate by the parties to any Incremental
Facility Amendment). The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Facility Amendment. This Section 2.01(b) shall supersede any provisions in Section 2.13 or
11.01 to the contrary. 

  
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 2.02 Borrowings, Conversions and Continuations of Loans. 

(a) Each Borrowing, each conversion of Loans from one Type to the other, and each continuation of Eurodollar Rate Loans shall
be made upon the Borrower Representative’s irrevocable notice to the Administrative Agent, which may be given by (x) telephone or (y) a Loan Notice; provided that any telephonic notice must be confirmed promptly by delivery to
the Administrative Agent of a Loan Notice. Each such Loan Notice must be received by the Administrative Agent not later than 12:00 noon (i) three Business Days prior to the requested date of any Borrowing of, conversion to or continuation of,
Eurodollar Rate Loans or of any conversion of Eurodollar Rate Loans to Base Rate Loans, and (ii) on the requested date of any Borrowing of Base Rate Loans. Each Borrowing of, conversion to or continuation of Eurodollar Rate Loans shall be in a
principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof. Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $10,000 or a
whole multiple of $10,000 in excess thereof. Each Loan Notice shall specify (i) whether the Borrower Representative is requesting a Borrowing, a conversion of Loans from one Type to the other, or a continuation of Eurodollar Rate Loans,
(ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv) the Type of Loans to be
borrowed or to which existing Loans are to be converted, (v) if applicable, the duration of the Interest Period with respect thereto, and (vi) the Borrower that will receive the proceeds of the requested Loans (which shall be the Borrower
Representative unless otherwise requested in such notice). If the Borrower Representative fails to specify a Type of a Loan in a Loan Notice or if the Borrower Representative fails to give a timely notice requesting a conversion or continuation,
then the applicable Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurodollar Rate Loans. If the
Borrower Representative requests a Borrowing of, conversion to, or continuation of Eurodollar Rate Loans in any Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. 

(b) Following receipt of a Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its
Applicable Percentage of the applicable Loans, and if no timely notice of a conversion or continuation is provided by the Borrower Representative, the Administrative Agent shall notify each Lender of the details of any automatic conversion to Base
Rate Loans as described in the preceding subsection. In the case of a Borrowing, each Lender shall make the amount of its Loan available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later
than 1:00 p.m. on the Business Day specified in the applicable Loan Notice. Upon satisfaction of the applicable conditions set forth in Section 5.02 (and, if such Borrowing is the initial Credit Extension, Section 5.01), the
Administrative Agent shall make all funds so received available to the applicable Borrower in like funds as received by the Administrative Agent either by (i) crediting the account of such Borrower on the books of Bank of America with the
amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to (and acceptable to) the Administrative Agent by the Borrower Representative; provided, however, that if, on the
date of a Borrowing of Revolving Loans, there are L/C Borrowings outstanding, then the proceeds of such Borrowing, first, shall be applied to the payment in full of any such L/C Borrowings and second, shall be made available to the applicable
Borrower as provided above. 

  
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 (c) Except as otherwise provided herein, a Eurodollar Rate Loan may be continued
or converted only on the last day of the Interest Period for such Eurodollar Rate Loan. During the existence of a Default, no Loans may be requested as, converted to or continued as Eurodollar Rate Loans without the consent of the Required Lenders,
and the Required Lenders may demand that any or all of the then outstanding Eurodollar Rate Loans be converted immediately to Base Rate Loans. 

(d) The Administrative Agent shall promptly notify the Borrower Representative and the Lenders of the interest rate applicable
to any Interest Period for Eurodollar Rate Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the Borrower Representative and the Lenders of any change in Bank of
America’s prime rate used in determining the Base Rate promptly following the public announcement of such change. 
 (e)
After giving effect to all Borrowings, all conversions of Loans from one Type to the other, and all continuations of Loans as the same Type, there shall not be more than 20 Interest Periods in effect with respect to all Loans. 

(f) This Section 2.02 shall not apply to Swing Line Loans. 

2.03 Letters of Credit. 

(a) The Letter of Credit Commitment. 

(i) Subject to the terms and conditions set forth herein, (A) the L/C Issuer agrees, in reliance upon the agreements of
the Lenders set forth in this Section 2.03, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration Date, to issue Letters of Credit denominated in Dollars or in one or
more Alternative Currencies for the account of the Parent or any of its Subsidiaries, and to amend or extend Letters of Credit previously issued by it, in accordance with subsection (b) below, and (2) to honor drawings under the Letters of
Credit; and (B) the Lenders severally agree to participate in Letters of Credit issued for the account of the Parent or any of its Subsidiaries and any drawings thereunder; provided that after giving effect to any L/C Credit Extension
with respect to any Letter of Credit, (x) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (y) the Revolving Credit Exposure of any Lender shall not exceed such Lender’s Revolving Commitment and
(z) the Outstanding Amount of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by the Borrower Representative for the issuance or amendment of a Letter of Credit shall be deemed to be a representation by the
Borrowers that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and conditions hereof, the Borrowers’ ability to obtain
Letters of Credit shall be fully revolving, and accordingly the Borrowers may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and reimbursed. Furthermore, each Lender
acknowledges and confirms that it has a participation interest in the liability of the L/C Issuer under the Existing Letters of Credit in a percentage equal to its Applicable Percentage of the Revolving Loans. All Existing Letters of Credit shall be
deemed to have been issued pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof; and the Borrowers’ reimbursement obligations in respect of the Existing Letters of Credit, and
each Lender’s obligations in connection therewith, shall be governed by the terms of this Agreement. 

  
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 (ii) The L/C Issuer shall not issue any Letter of Credit if: 

(A) subject to Section 2.03(b)(iii), the expiry date of such requested Letter of Credit would occur more than
twelve months after the date of issuance or last extension, unless the Required Lenders have approved such expiry date; or 

(B) the expiry date of such requested Letter of Credit would occur after the Letter of Credit Expiration Date, unless all the
Lenders have approved such expiry date. 
 (iii) The L/C Issuer shall not be under any obligation to issue any Letter of
Credit if: 
 (A) any order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to
enjoin or restrain the L/C Issuer from issuing such Letter of Credit, or any Law applicable to the L/C Issuer or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over the L/C Issuer
shall prohibit, or request that the L/C Issuer refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon the L/C Issuer with respect to such Letter of Credit any restriction, reserve or
capital requirement (for which the L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or expense which was not applicable on the Closing Date and
which the L/C Issuer in good faith deems material to it; 
 (B) the issuance of such Letter of Credit would violate one or
more policies of the L/C Issuer applicable to letters of credit generally; 
 (C) such Letter of Credit is to be denominated
in a currency other than Dollars or an Alternative Currency; 
 (D) the L/C Issuer does not as of the issuance date of the
requested Letter of Credit issue Letters of Credit in the requested currency; 
 (E) any Lender is at that time a Defaulting
Lender, unless the L/C Issuer has entered into arrangements, including the delivery of Cash Collateral, satisfactory to the L/C Issuer (in its sole discretion) with the Borrowers or such Lender to eliminate the L/C Issuer’s actual or potential
Fronting Exposure (after giving effect to Section 2.15(a)(iv)) with respect to the Defaulting Lender arising from either the Letter of Credit then proposed to be issued or that Letter of Credit and all other L/C Obligations as to which
the L/C Issuer has actual or potential Fronting Exposure, as it may elect in its sole discretion; or 
 (F) such Letter of
Credit contains any provisions for automatic reinstatement of the stated amount after any drawing thereunder. 

  
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 (iv) The L/C Issuer shall not amend any Letter of Credit if the L/C Issuer would
not be permitted at such time to issue the Letter of Credit in its amended form under the terms hereof. 
 (v) The L/C Issuer
shall be under no obligation to amend any Letter of Credit if (A) the L/C Issuer would have no obligation at such time to issue such Letter of Credit in its amended form under the terms hereof, or (B) the beneficiary of such Letter of
Credit does not accept the proposed amendment to such Letter of Credit. 
 (vi) The L/C Issuer shall act on behalf of the
Lenders with respect to any Letters of Credit issued by it and the documents associated therewith, and the L/C Issuer shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article X with respect to any
acts taken or omissions suffered by the L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as
used in Article X included the L/C Issuer with respect to such acts or omissions, and (B) as additionally provided herein with respect to the L/C Issuer. 

(b) Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of Credit. 

(i) Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the Borrower Representative
delivered to the L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the Borrower Representative. Such Letter of Credit Application may be
sent by facsimile, by United States mail, by overnight courier, by electronic transmission using the system provided by the L/C Issuer, by personal delivery or by any other means acceptable to the L/C Issuer. Such Letter of Credit Application must
be received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least two (2) Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may agree in a particular instance in their sole
discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the
L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the amount and currency thereof; (C) the expiry date thereof; (D) the name and address of the beneficiary thereof;
(E) the documents to be presented by such beneficiary in case of any drawing thereunder; (F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; (G) the purpose and nature of the
requested Letter of Credit; and (H) such other matters as the L/C Issuer may require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory
to the L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed date of amendment thereof (which shall be a Business Day); (C) the nature of the proposed amendment; and (D) such other matters as the L/C Issuer may
require. Additionally, the Borrower Representative shall furnish to the L/C Issuer and the Administrative Agent such other documents and information pertaining to such requested Letter of Credit issuance or amendment, including any Issuer Documents,
as the L/C Issuer or the Administrative Agent may require. 

  
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 (ii) Promptly after receipt of any Letter of Credit Application, the L/C Issuer
will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit Application from the Borrower Representative and, if not, the L/C Issuer will provide the
Administrative Agent with a copy thereof. Unless the L/C Issuer has received written notice from any Lender, the Administrative Agent or any Loan Party, at least one Business Day prior to the requested date of issuance or amendment of the applicable
Letter of Credit, that one or more applicable conditions contained in Article V shall not be satisfied, then, subject to the terms and conditions hereof, the L/C Issuer shall, on the requested date, issue a Letter of Credit for the account of
the applicable Borrower or the applicable Subsidiary or enter into the applicable amendment, as the case may be, in each case in accordance with the L/C Issuer’s usual and customary business practices. Immediately upon the issuance of each
Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the L/C Issuer a risk participation in such Letter of Credit in an amount equal to the product of such Lender’s Applicable
Percentage times the amount of such Letter of Credit. 
 (iii) If the Borrower Representative so requests in any
applicable Letter of Credit Application, the L/C Issuer may, in its sole discretion, agree to issue a Letter of Credit that has automatic extension provisions (each, an “Auto-Extension Letter of Credit”); provided that any
such Auto-Extension Letter of Credit must permit the L/C Issuer to prevent any such extension at least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof
not later than a day (the “Non-Extension Notice Date”) in each such twelve-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the L/C Issuer, the Borrower Representative shall
not be required to make a specific request to the L/C Issuer for any such extension. Once an Auto-Extension Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the L/C Issuer to permit the extension
of such Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date; provided, however, that the L/C Issuer shall not permit any such extension if (A) the L/C Issuer has determined that it
would not be permitted, or would have no obligation, at such time to issue such Letter of Credit in its revised form (as extended) under the terms hereof (by reason of the provisions of clause (ii) or (iii) of Section 2.03(a)
or otherwise), or (B) it has received notice (which may be by telephone or in writing) on or before the day that is seven Business Days before the Non-Extension Notice Date (1) from the Administrative Agent that the Required Lenders have
elected not to permit such extension or (2) from the Administrative Agent, any Lender or the Borrower Representative that one or more of the applicable conditions specified in Section 5.02 is not then satisfied, and in each case
directing the L/C Issuer not to permit such extension. 
 (iv) Promptly after its delivery of any Letter of Credit or any
amendment to a Letter of Credit to an advising bank with respect thereto or to the beneficiary thereof, the L/C Issuer will also deliver to the Borrower Representative and the Administrative Agent a true and complete copy of such Letter of Credit or
amendment. 

  
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 (c) Drawings and Reimbursements; Funding of Participations. 

(i) Upon receipt from the beneficiary of any Letter of Credit of any notice of drawing under such Letter of Credit, the L/C
Issuer shall notify the Borrower Representative and the Administrative Agent thereof. In the case of a Letter of Credit denominated in an Alternative Currency, the Borrowers shall reimburse the L/C Issuer in such Alternative Currency, unless
(A) the L/C Issuer (at its option) shall have specified in such notice that it will require reimbursement in Dollars, or (B) in the absence of any such requirement for reimbursement in Dollars, the Borrower Representative shall have
notified the L/C Issuer promptly following receipt of the notice of drawing that the Borrowers will reimburse the L/C Issuer in Dollars. In the case of any such reimbursement in Dollars of a drawing under a Letter of Credit denominated in an
Alternative Currency, the L/C Issuer shall notify the Borrower Representative of the Dollar Equivalent of the amount of the drawing promptly following the determination thereof. Not later than 11:00 a.m. on the date of any payment by the L/C Issuer
under a Letter of Credit to be reimbursed in Dollars, or the Applicable Time on the date of any payment by the L/C Issuer under a Letter of Credit to be reimbursed in an Alternative Currency (each such date, an “Honor Date”), the
Borrowers shall reimburse the L/C Issuer through the Administrative Agent in an amount equal to the amount of such drawing and in the applicable currency. In the event that (A) a drawing denominated in an Alternative Currency is to be
reimbursed in Dollars pursuant to the second sentence in this Section 2.03(c)(i) and (B) the Dollar amount paid by the Borrowers, whether on or after the Honor Date, shall not be adequate on the date of that payment to purchase in
accordance with normal banking procedures a sum denominated in the Alternative Currency equal to the drawing, the Borrowers agree, as a separate and independent obligation, to indemnify the L/C Issuer for the loss resulting from its inability on
that date to purchase the Alternative Currency in the full amount of the drawing. If the Borrowers fail to timely reimburse the L/C Issuer on the Honor Date, the Administrative Agent shall promptly notify each Lender of the Honor Date, the amount of
the unreimbursed drawing (expressed in Dollars in the amount of the Dollar Equivalent thereof in the case of a Letter of Credit denominated in an Alternative Currency) (the “Unreimbursed Amount”), and the amount of such
Lender’s Applicable Percentage thereof. In such event, the Borrower Representative shall be deemed to have requested a Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard
to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the conditions set forth in Section 5.02 (other than the delivery of a Loan Notice) and provided that,
after giving effect to such Borrowing, the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments. Any notice given by the L/C Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i) may be given
by telephone if immediately confirmed in writing; provided that the lack of such an immediate confirmation shall not affect the conclusiveness or binding effect of such notice. 

(ii) Each Lender shall upon any notice pursuant to Section 2.03(c)(i) make funds available (and the Administrative
Agent may apply Cash Collateral provided for this purpose) to the Administrative Agent for the account of the L/C Issuer, in Dollars, at the Administrative Agent’s Office for Dollar-denominated payments in an amount equal to its Applicable
Percentage of the Unreimbursed Amount not later than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of Section 2.03(c)(iii), each Lender that so makes funds
available shall be deemed to have made a Base Rate Loan to the Borrowers in such amount. The Administrative Agent shall remit the funds so received to the L/C Issuer in Dollars. 

  
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 (iii) With respect to any Unreimbursed Amount that is not fully refinanced by a
Borrowing of Base Rate Loans because the conditions set forth in Section 5.02 cannot be satisfied or for any other reason, the Borrowers shall be deemed to have incurred from the L/C Issuer an L/C Borrowing in the amount of the
Unreimbursed Amount that is not so refinanced, which L/C Borrowing shall be due and payable on demand (together with interest) and shall bear interest at the Default Rate. In such event, each Lender’s payment to the Administrative Agent for the
account of the L/C Issuer pursuant to Section 2.03(c)(ii) shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C Advance from such Lender in satisfaction of its participation obligation
under this Section 2.03. 
 (iv) Until each Lender funds its Revolving Loan or L/C Advance pursuant to this
Section 2.03(c) to reimburse the L/C Issuer for any amount drawn under any Letter of Credit, interest in respect of such Lender’s Applicable Percentage of such amount shall be solely for the account of the L/C Issuer. 

(v) Each Lender’s obligation to make Revolving Loans or L/C Advances to reimburse the L/C Issuer for amounts drawn under
Letters of Credit, as contemplated by this Section 2.03(c), shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right which such
Lender may have against the L/C Issuer, any Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition, whether or not similar to any of the
foregoing; provided, however, that each Lender’s obligation to make Revolving Loans pursuant to this Section 2.03(c) is subject to the conditions set forth in Section 5.02 (other than delivery by the
Borrower Representative of a Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the Borrowers to reimburse the L/C Issuer for the amount of any payment made by the L/C Issuer under any Letter of
Credit, together with interest as provided herein. 
 (vi) If any Lender fails to make available to the Administrative Agent
for the account of the L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in Section 2.03(c)(ii), then, without limiting the other
provisions of this Agreement, the L/C Issuer shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on
which such payment is immediately available to the L/C Issuer at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the L/C Issuer in accordance with banking industry rules on interbank compensation, plus any
administrative, processing or similar fees customarily charged by the L/C Issuer in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s
Revolving Loan included in the relevant Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A certificate of the L/C Issuer submitted to any Lender (through the Administrative Agent) with respect to any amounts
owing under this clause (vi) shall be conclusive absent manifest error. 
 (d) Repayment of Participations. 

(i) At any time after the L/C Issuer has made a payment under any Letter of Credit and has received from any Lender such
Lender’s L/C Advance in respect of such payment in accordance with Section 2.03(c), if the Administrative Agent receives for the account of the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon
(whether directly from the Borrowers or otherwise, including proceeds of 

  
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Cash Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Lender its Applicable Percentage thereof in Dollars (appropriately adjusted, in the
case of interest payments, to reflect the period of time during which such Lender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent. 

(ii) If any payment received by the Administrative Agent for the account of the L/C Issuer pursuant to
Section 2.03(c)(i) is required to be returned under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the L/C Issuer in its discretion), each Lender shall pay to the
Administrative Agent for the account of the L/C Issuer its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned by such Lender, at a rate
per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement. 

(e) Obligations Absolute. The obligation of the Borrowers to reimburse the L/C Issuer for each drawing under each Letter
of Credit and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the following: 

(i) any lack of validity or enforceability of such Letter of Credit, this Agreement or any other Loan Document; 

(ii) the existence of any claim, counterclaim, setoff, defense or other right that any Borrower or any Subsidiary may have at
any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting), the L/C Issuer or any other Person, whether in connection with this Agreement, the
transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction; 

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

(iv) waiver by the L/C Issuer of any requirement that exists for the L/C Issuer’s protection and not the protection of a
Borrower or any waiver by the L/C Issuer which does not in fact materially prejudice any Borrower; 
 (v) honor of a demand
for payment presented electronically even if such Letter of Credit requires that demand be in the form of a draft; 
 (vi)
any payment made by the L/C Issuer in respect of an otherwise complying item presented after the date specified as the expiration date of, or the date by which documents must be received under such Letter of Credit if presentation after such date is
authorized by the UCC, ISP or the UCP, as applicable; 

  
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 (vii) any payment by the L/C Issuer under such Letter of Credit against
presentation of a draft or certificate that does not strictly comply with the terms of such Letter of Credit; or any payment made by the L/C Issuer under such Letter of Credit to any Person purporting to be a trustee in bankruptcy,
debtor-in-possession, assignee for the benefit of creditors, liquidator, receiver or other representative of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding under
any Debtor Relief Law; 
 (viii) any adverse change in the relevant exchange rates or in the availability of the relevant
Alternative Currency to any Borrower or any Subsidiary or in the relevant currency markets generally; or 
 (ix) any other
circumstance or happening whatsoever, whether or not similar to any of the foregoing, including any other circumstance that might otherwise constitute a defense available to, or a discharge of, any Borrower or any Subsidiary. 

The Borrower Representative shall promptly examine a copy of each Letter of Credit and each amendment thereto that is delivered
to it and, in the event of any claim of noncompliance with the Borrower Representative’s instructions or other irregularity, the Borrower Representative will promptly notify the L/C Issuer. The Borrowers shall be conclusively deemed to have
waived any such claim against the L/C Issuer and its correspondents unless such notice is given as aforesaid. 
 (f) Role
of L/C Issuer. Each Lender and the Borrowers agree that, in paying any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly
required by such Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuer, the Administrative Agent, any of
their respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the request or with the approval of the Lenders or the
Required Lenders, as applicable; (ii) any action taken or omitted in the absence of gross negligence or willful misconduct; or (iii) the due execution, effectiveness, validity or enforceability of any document or instrument related to any
Letter of Credit or Issuer Document. The Borrowers hereby assume all risks of the acts or omissions of any beneficiary or transferee with respect to its use of any Letter of Credit; provided, however, that this assumption is not
intended to, and shall not, preclude a Borrower pursuing such rights and remedies as it may have against the beneficiary or transferee at law or under any other agreement. None of the L/C Issuer, the Administrative Agent, any of their respective
Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable or responsible for any of the matters described in clauses (i) through (ix) of Section 2.03(e); provided, however,
that anything in such clauses to the contrary notwithstanding, a Borrower may have a claim against the L/C Issuer, and the L/C Issuer may be liable to a Borrower, to the extent, but only to the extent, of any direct, as opposed to consequential or
exemplary, damages suffered by such Borrower which such Borrower proves were caused by the L/C Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful failure to pay under any Letter of Credit after the presentation to
it by the beneficiary of a sight draft and certificate(s) strictly complying with the terms and conditions of a Letter of Credit unless the L/C Issuer is prevented or prohibited from so paying as a result of any order or directive of any court or
other Governmental Authority. In furtherance and not in limitation of the foregoing, the L/C Issuer may accept documents that appear on their face to be in order, without responsibility for further investigation, regardless of any notice or
information to the contrary, and the L/C Issuer shall not be responsible for the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign a Letter of Credit or the

  
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rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason. The L/C Issuer may send a Letter of Credit or conduct any
communication to or from the beneficiary via the Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) message or overnight courier, or any other commercially reasonable means of communicating with a beneficiary.

 (g) Applicability of ISP and UCP; Limitation of Liability. Unless otherwise expressly agreed by the L/C Issuer and
the Borrower Representative when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP shall apply to each standby Letter of Credit and (ii) the rules of the UCP
shall apply to each commercial Letter of Credit. Notwithstanding the foregoing, the L/C Issuer shall not be responsible to the Borrowers for, and the L/C Issuer’s rights and remedies against the Borrowers shall not be impaired by, any action or
inaction of the L/C Issuer required or permitted under any law, order, or practice that is required or permitted to be applied to any Letter of Credit or this Agreement, including the Law or any order of a jurisdiction where the L/C Issuer or the
beneficiary is located, the practice stated in the ISP or UCP, as applicable, or in the decisions, opinions, practice statements, or official commentary of the ICC Banking Commission, the Bankers Association for Finance and Trade –
International Financial Services Association (BAFT-IFSA), or the Institute of International Banking Law & Practice, whether or not any Letter of Credit chooses such law or practice. 

(h) Letter of Credit Fees. The Borrowers shall pay to the Administrative Agent for the account of each Lender in
accordance, subject to Section 2.15, with its Applicable Percentage, in Dollars, a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Rate times the Dollar
Equivalent of the daily maximum amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in
accordance with Section 1.09. Letter of Credit Fees shall be (i) computed on a quarterly basis in arrears and (ii) due and payable on the third calendar day after the end of each March, June, September and December, commencing
with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn
under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request
of the Required Lenders while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate. 
 (i)
Fronting Fee and Documentary and Processing Charges Payable to L/C Issuer. The Borrowers shall pay directly to the L/C Issuer for its own account, in Dollars, a fronting fee (i) with respect to each commercial Letter of Credit, at a rate
separately agreed between the Borrower Representative and the L/C Issuer, computed on the Dollar Equivalent of the amount of such Letter of Credit, and payable upon the issuance thereof, (ii) with respect to any amendment of a commercial Letter
of Credit increasing the amount of such Letter of Credit, at a rate separately agreed between the Borrower Representative and the L/C Issuer, computed on the Dollar Equivalent of the amount of such increase, and payable upon the effectiveness of
such amendment, and (iii) with respect to each standby Letter of Credit, at the rate per annum specified in the Fee Letter, computed on the Dollar Equivalent of the actual daily maximum amount available to be drawn under such Letter of Credit
(whether or not such maximum amount is then in effect under such Letter of Credit), and payable on a quarterly basis in arrears. Such fronting fee with respect to standby Letters of Credit shall be due and payable on the third calendar day after the
end of each March, June, September and December in respect of the quarterly period (or 

  
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portion thereof, in the case of the first payment) then ending, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date
and thereafter on demand. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.09. In addition, the Borrowers
shall pay directly to the L/C Issuer for its own account the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of the L/C Issuer relating to letters of credit as from time to time in effect.
Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable. 
 (j) Conflict
with Issuer Documents. In the event of any conflict between the terms hereof and the terms of any Issuer Document, the terms hereof shall control. 

(k) Letters of Credit Issued for Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder
is in support of any obligations of, or is for the account of, a Subsidiary, the Borrowers shall be obligated to reimburse the L/C Issuer hereunder for any and all drawings under such Letter of Credit. The Borrowers hereby acknowledge that the
issuance of Letters of Credit for the account of Subsidiaries inures to the benefit of the Borrowers, and that the Borrowers’ business derives substantial benefits from the businesses of such Subsidiaries. 

2.04 Swing Line Loans. 

(a) Swing Line Facility. Subject to the terms and conditions set forth herein, the Swing Line Lender, in reliance upon
the agreements of the other Lenders set forth in this Section 2.04, shall make loans (each such loan, a “Swing Line Loan”) to the Borrowers in Dollars from time to time on any Business Day during the Availability Period
in an aggregate amount not to exceed at any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated with the Applicable Percentage of the Outstanding Amount of Revolving Loans and
L/C Obligations of the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s Revolving Commitment; provided, however, that (x) after giving effect to any Swing Line Loan, (i) the Total Revolving
Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Lender’s Revolving Commitment, (y) the Borrowers shall not use the proceeds of any Swing
Line Loan to refinance any outstanding Swing Line Loan, and (z) the Swing Line Lender shall not be under any obligation to make any Swing Line Loan if it shall determine (which determination shall be conclusive and binding absent manifest
error) that it has, or by such Credit Extension may have, Fronting Exposure. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.04, prepay under
Section 2.05, and reborrow under this Section 2.04. Each Swing Line Loan shall be a Base Rate Loan. Immediately upon the making of a Swing Line Loan, each Lender shall be deemed to, and hereby irrevocably and unconditionally
agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of such Lender’s Applicable Percentage times the amount of such Swing Line Loan. 

(b) Borrowing Procedures. Each Borrowing of Swing Line Loans shall be made upon the Borrower Representative’s
irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by (x) telephone or (y) a Swing Line Loan Notice; provided that any telephonic notice must be confirmed promptly by delivery to the Swing
Line Lender and the Administrative Agent of a Swing Line Loan Notice. Each such Swing Line Loan Notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing date, and shall specify
(i) the amount to be borrowed, 

  
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which shall be a minimum principal amount of $100,000, (ii) the requested borrowing date, which shall be a Business Day and (iii) the Borrower that will receive the proceeds of such
Swing Line Loan. Promptly after receipt by the Swing Line Lender of any Swing Line Loan Notice, the Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing
Line Loan Notice and, if not, the Swing Line Lender will notify the Administrative Agent (by telephone or in writing) of the contents thereof. Unless the Swing Line Lender has received notice (by telephone or in writing) from the Administrative
Agent (including at the request of any Lender) prior to 2:00 p.m. on the date of the proposed Borrowing of Swing Line Loans (A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the
first proviso to the first sentence of Section 2.04(a), or (B) that one or more of the applicable conditions specified in Article V is not then satisfied, then, subject to the terms and conditions hereof, the Swing Line
Lender will, not later than 3:00 p.m. on the borrowing date specified in such Swing Line Loan Notice, make the amount of its Swing Line Loan available to the applicable Borrower. 

(c) Refinancing of Swing Line Loans. 

(i) The Swing Line Lender at any time in its sole discretion may request, on behalf of the Borrowers (which hereby irrevocably
request and authorize the Swing Line Lender to so request on their behalf), that each Lender make a Base Rate Loan in an amount equal to such Lender’s Applicable Percentage of the amount of Swing Line Loans then outstanding. Such request shall
be made in writing (which written request shall be deemed to be a Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal
amount of Base Rate Loans, but subject to the conditions set forth in Section 5.02 (other than the delivery of a Loan Notice) and provided that, after giving effect to such Borrowing, the Total Revolving Outstandings shall not
exceed the Aggregate Revolving Commitments. The Swing Line Lender shall furnish the Borrower Representative with a copy of the applicable Loan Notice promptly after delivering such notice to the Administrative Agent. Each Lender shall make an amount
equal to its Applicable Percentage of the amount specified in such Loan Notice available to the Administrative Agent in immediately available funds (and the Administrative Agent may apply Cash Collateral available with respect to the applicable
Swing Line Loan) for the account of the Swing Line Lender at the Administrative Agent’s Office for Dollar-denominated payments not later than 1:00 p.m. on the day specified in such Loan Notice, whereupon, subject to
Section 2.04(c)(ii), each Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the Borrowers in such amount. The Administrative Agent shall remit the funds so received to the Swing Line Lender. 

(ii) If for any reason any Swing Line Loan cannot be refinanced by such a Borrowing of Revolving Loans in accordance with
Section 2.04(c)(i), the request for Base Rate Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line Lender that each of the Lenders fund its risk participation in the relevant
Swing Line Loan and each Lender’s payment to the Administrative Agent for the account of the Swing Line Lender pursuant to Section 2.04(c)(i) shall be deemed payment in respect of such participation. 

(iii) If any Lender fails to make available to the Administrative Agent for the account of the Swing Line Lender any amount
required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i), the Swing Line Lender shall be entitled to recover from such Lender

  
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(acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately
available to the Swing Line Lender at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the Swing Line Lender in accordance with banking industry rules on interbank compensation, plus any administrative,
processing or similar fees customarily charged by the Swing Line Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Loan
included in the relevant Borrowing or funded participation in the relevant Swing Line Loan, as the case may be. A certificate of the Swing Line Lender submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under
this clause (iii) shall be conclusive absent manifest error. 
 (iv) Each Lender’s obligation to make Revolving
Loans or to purchase and fund risk participations in Swing Line Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim,
recoupment, defense or other right that such Lender may have against the Swing Line Lender, any Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or
condition, whether or not similar to any of the foregoing; provided, however, that each Lender’s obligation to make Revolving Loans pursuant to this Section 2.04(c) is subject to the conditions set forth in
Section 5.02. No such purchase or funding of risk participations shall relieve or otherwise impair the obligation of the Borrowers to repay Swing Line Loans, together with interest as provided herein. 

(d) Repayment of Participations. 

(i) At any time after any Lender has purchased and funded a risk participation in a Swing Line Loan, if the Swing Line Lender
receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such Lender its Applicable Percentage of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during
which such Lender’s risk participation was funded) in the same funds as those received by the Swing Line Lender. 
 (ii)
If any payment received by the Swing Line Lender in respect of principal or interest on any Swing Line Loan is required to be returned by the Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant
to any settlement entered into by the Swing Line Lender in its discretion), each Lender shall pay to the Swing Line Lender its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such
demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swing Line Lender. The obligations of the Lenders under this clause shall survive
the payment in full of the Obligations and the termination of this Agreement. 
 (e) Interest for Account of Swing Line
Lender. The Swing Line Lender shall be responsible for invoicing the Borrowers for interest on the Swing Line Loans. Until each Lender funds its Revolving Loans that are Base Rate Loans or risk participation pursuant to this
Section 2.04 to refinance such Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swing Line Lender. 

  
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 (f) Payments Directly to Swing Line Lender. The Borrowers shall make all
payments of principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender. 
 2.05 Prepayments. 

(a) Voluntary Prepayments. 

(i) Revolving Loans. The Borrowers may, upon notice from the Borrower Representative to the Administrative Agent, at any
time or from time to time voluntarily prepay Revolving Loans in whole or in part without premium or penalty; provided that (A) such notice must be received by the Administrative Agent not later than 12:00 noon (1) three Business
Days prior to any date of prepayment of Eurodollar Rate Loans and (2) on the date of prepayment of Base Rate Loans; (B) any such prepayment of Eurodollar Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of
$100,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); and (C) any prepayment of Base Rate Loans shall be in a principal amount of $10,000 or a whole multiple of $10,000 in excess thereof (or, if less,
the entire principal amount thereof then outstanding). Each such notice shall specify the date and amount of such prepayment, the Type(s) of Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Loans.
The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower Representative, the Borrowers
shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together
with any additional amounts required pursuant to Section 3.05. Subject to Section 2.15, each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Applicable Percentages. 

(ii) Swing Line Loans. The Borrowers may, upon notice from the Borrower Representative to the Swing Line Lender (with a
copy to the Administrative Agent), at any time or from time to time, voluntarily prepay Swing Line Loans in whole or in part without premium or penalty; provided that such notice must be received by the Swing Line Lender and the
Administrative Agent not later than 1:00 p.m. on the date of the prepayment. Each such notice shall specify the date and amount of such prepayment. If such notice is given by the Borrower Representative, the Borrowers shall make such prepayment and
the payment amount specified in such notice shall be due and payable on the date specified therein. 
 (b) Mandatory
Prepayments of Loans. 
 (i) Revolving Commitments. If for any reason the Total Revolving Outstandings at any time
exceed the Aggregate Revolving Commitments then in effect, the Borrowers shall immediately prepay Revolving Loans and/or the Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided,
however, that the Borrowers shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the prepayment in full of the Revolving Loans and the Swing Line Loans the Total
Revolving Outstandings exceed the Aggregate Revolving Commitments then in effect. The Administrative Agent may, at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided
in order to protect against the results of exchange rate fluctuations. 

  
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 (ii) Application of Mandatory Prepayments. All amounts required to be paid
pursuant to this Section 2.05(b) shall be applied ratably to Revolving Loans and Swing Line Loans and (after all Revolving Loans and Swing Line Loans have been repaid) to Cash Collateralize L/C Obligations. Within the parameters of the
applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to
Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment. 

2.06 Termination or Reduction of Aggregate Revolving Commitments. 

(a) Optional Reductions. The Borrowers may, upon notice from the Borrower Representative to the Administrative Agent,
terminate the Aggregate Revolving Commitments, the Letter of Credit Sublimit and/or the Swing Line Sublimit or from time to time (i) permanently reduce the Aggregate Revolving Commitments to an amount not less than the Outstanding Amount of
Revolving Loans, Swing Line Loans and L/C Obligations, (ii) permanently reduce the Letter of Credit Sublimit to an amount not less than the Outstanding Amount of the L/C Obligations and/or (iii) permanently reduce the Swing Line Sublimit
to an amount not less than the Outstanding Amount of the Swing Line Loans; provided that (x) any such notice shall be received by the Administrative Agent not later than 12:00 noon five (5) Business Days prior to the date of
termination or reduction, (y) any such partial reduction of the Aggregate Revolving Commitments shall be in an aggregate amount of $5,000,000 or any whole multiple of $100,000 in excess thereof and any such partial reduction of the Letter of
Credit Sublimit or the Swing Line Sublimit shall be in an aggregate amount of $1,000,000 or any whole multiple of $100,000 in excess thereof and (z) the Borrowers shall not terminate or reduce (A) the Aggregate Revolving Commitments if,
after giving effect thereto and to any concurrent prepayments hereunder, the Total Revolving Outstandings would exceed the Aggregate Revolving Commitments, (B) the Letter of Credit Sublimit if, after giving effect thereto, the Outstanding
Amount of L/C Obligations not fully Cash Collateralized hereunder would exceed the Letter of Credit Sublimit, or (C) the Swing Line Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Amount of
Swing Line Loans would exceed the Swing Line Sublimit. 
 (b) Mandatory Reductions. If after giving effect to any
reduction or termination of Revolving Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Aggregate Revolving Commitments at such time, the Letter of Credit Sublimit or the Swing Line
Sublimit, as the case may be, shall be automatically reduced by the amount of such excess. 
 (c) Notice. The
Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Swing Line Sublimit or the Aggregate Revolving Commitments under this Section 2.06. Upon any reduction of the
Aggregate Revolving Commitments, the Revolving Commitment of each Lender shall be reduced by such Lender’s Applicable Percentage of such reduction amount. All fees in respect of the Aggregate Revolving Commitments accrued until the effective
date of any termination of the Aggregate Revolving Commitments shall be paid on the effective date of such termination. 

  
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 2.07 Repayment of Loans. 

(a) Revolving Loans. The Borrowers shall repay to the Lenders on the Maturity Date the aggregate principal amount of all
Revolving Loans outstanding on such date. 
 (b) Swing Line Loans. The Borrowers shall repay each Swing Line Loan on
the earliest to occur of (i) the date within one (1) Business Day of demand therefor by the Swing Line Lender, (ii) the date ten (10) Business Days after such Swing Line Loan is made and (iii) the Maturity Date. 

2.08 Interest. 

(a) Subject to the provisions of subsection (b) below, (i) each Eurodollar Rate Loan shall bear interest on the
outstanding principal amount thereof for each Interest Period at a rate per annum equal to the sum of the Eurodollar Rate for such Interest Period plus the Applicable Rate for Eurodollar Rate Loans, (ii) each Base Rate Loan shall bear
interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for Base Rate Loans and (iii) each Swing Line Loan shall bear interest on the
outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for Base Rate Loans. 

(b) (i) If any amount of principal of any Loan is not paid when due (without regard to any applicable grace periods), whether at stated
maturity, by acceleration or otherwise, all outstanding Obligations hereunder shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 

(ii) If any amount (other than principal of any Loan) payable by any Borrower under any Loan Document is not paid when due
(after giving effect to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, then upon the request of the Required Lenders, such amount shall thereafter bear interest at a fluctuating interest rate per annum at
all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 
 (iii) Upon the request of the
Required Lenders, while any Event of Default exists (other than as set forth in clauses (b)(i) and (b)(ii) above), the Borrowers shall pay interest on the principal amount of all outstanding Obligations hereunder (other than
Obligations arising solely under any Secured Swap Agreement or Secured Treasury Management Agreement) at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 

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

  
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 2.09 Fees. 

In addition to certain fees described in subsections (h) and (i) of Section 2.03: 

(a) Commitment Fee. The Borrowers shall pay to the Administrative Agent, for the account of each Lender in accordance
with its Applicable Percentage, a commitment fee (the “Commitment Fee”) in Dollars at a rate per annum equal to the product of (i) the Applicable Rate for Commitment Fees times (ii) the actual daily amount by which
the Aggregate Revolving Commitments exceed the sum of (y) the Outstanding Amount of Revolving Loans and (z) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.15. For the avoidance of
doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Aggregate Revolving Commitments for purposes of determining the Commitment Fee. The Commitment Fee shall accrue at all times during the
Availability Period, including at any time during which one or more of the conditions in Article V is not met, and shall be due and payable quarterly in arrears on the third calendar day after the end of each March, June, September and
December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period; provided, that (A) no Commitment Fee shall accrue on the Revolving Commitment of a Defaulting Lender so
long as such Lender shall be a Defaulting Lender and (B) any Commitment Fee accrued with respect to the Revolving Commitment of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such
time shall not be payable by the Borrowers so long as such Lender shall be a Defaulting Lender. The Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily
amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. 

(b) Other Fees. 

(i) The Borrowers shall pay to the Arrangers and the Administrative Agent for their own respective accounts fees in the amounts
and at the times specified in the Fee Letter or in separate agreements with the Arrangers in compliance with the Fee Letter. Such fees shall be fully earned when paid and shall be non-refundable for any reason whatsoever. 

(ii) The Borrowers shall pay to the Lenders such fees as shall have been separately agreed upon in writing in the amounts and
at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 
 2.10
Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate. 
 (a) All computations of interest for
Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be
made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is
made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear
interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. 

  
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 (b) If, as a result of any restatement of or other adjustment to the financial
statements of the Parent or for any other reason, any Borrower or the Lenders determine that (i) the Consolidated Leverage Ratio as calculated by the Borrower Representative as of any applicable date was inaccurate and (ii) a proper
calculation of the Consolidated Leverage Ratio would have resulted in higher pricing for such period, the Borrowers shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders or the
L/C Issuer, as the case may be, promptly on demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to any Borrower under the Bankruptcy Code of the United States, automatically
and without further action by the Administrative Agent, any Lender or the L/C Issuer), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for
such period. This paragraph shall not limit the rights of the Administrative Agent, any Lender or the L/C Issuer, as the case may be, under Section 2.03(c)(iii), 2.03(i) or 2.08(b) or under Article IX. The
Borrowers’ obligations under this paragraph shall survive the termination of the Commitments of all of the Lenders and the repayment of all other Obligations hereunder. 

2.11 Evidence of Debt. 

(a) The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender
and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Credit Extensions made by the Lenders
to the Borrowers and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrowers hereunder to pay any amount owing with respect to the
Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall
control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrowers shall execute and deliver to such Lender (through the Administrative Agent) a promissory note, which shall evidence such
Lender’s Loans in addition to such accounts or records. Each such promissory note shall be in the form of Exhibit C (a “Note”). Each Lender may attach schedules to its Note and endorse thereon the date, Type (if
applicable), amount and maturity of its Loans and payments with respect thereto. 
 (b) In addition to the accounts and
records referred to in subsection (a), each Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters of Credit and
Swing Line Loans. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and records of the Administrative Agent shall
control in the absence of manifest error. 
 2.12 Payments Generally; Administrative Agent’s Clawback. 

(a) General. All payments to be made by the Borrowers shall be made free and clear of and without condition or deduction
for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrowers hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is
owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:30 p.m. on the date specified herein. Without limiting the generality of the 

  
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foregoing, the Administrative Agent may require that any payments due under this Agreement be made in the United States. If, for any reason, any Borrower is prohibited by any Law from making any
required payment hereunder in an Alternative Currency, such Borrower shall make such payment in Dollars in the Dollar Equivalent of the Alternative Currency payment amount. The Administrative Agent will promptly distribute to each Lender its
Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent (i) after 2:30 p.m., in the
case of payments in Dollars, or (ii) after the Applicable Time specified by the Administrative Agent in the case of payments in an Alternative Currency, shall in each case be deemed received on the next succeeding Business Day and any
applicable interest or fee shall continue to accrue. Subject to the definition of “Interest Period”, if any payment to be made by a Borrower shall come due on a day other than a Business Day, payment shall be made on the next following
Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be. 
 (b) (i) Funding by
Lenders; Presumption by Administrative Agent. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of Eurodollar Rate Loans (or, in the case of any Borrowing of Base Rate Loans,
prior to 12:00 noon on the date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on
such date in accordance with Section 2.02 (or, in the case of any Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the time required by Section 2.02) and may, in reliance
upon such assumption, make available to the applicable Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the
Borrowers severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and including the date such amount is made available to a Borrower to
but excluding the date of payment to the Administrative Agent, at (A) in the case of a payment to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking
industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing, and (B) in the case of a payment to be made by a Borrower, the
interest rate applicable to Base Rate Loans. If a Borrower and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to such Borrower the amount of such
interest paid by such Borrower for such period. If such Lender pays its share of the applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing. Any payment by a
Borrower shall be without prejudice to any claim such Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent. 

(i) (ii) Payments by Borrowers; Presumptions by Administrative Agent. Unless the Administrative Agent shall have
received notice from the Borrower Representative prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or the L/C Issuer hereunder that the Borrowers will not make such payment, the Administrative
Agent may assume that the Borrowers have made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the L/C Issuer, as the case may be, the amount

  
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due. In such event, if the Borrowers have not in fact made such payment, then each of the Lenders or the L/C Issuer, as the case may be, severally agrees to repay to the Administrative Agent
forthwith on demand the amount so distributed to such Lender or the L/C Issuer, in immediately available funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to
the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

A notice of the Administrative Agent to any Lender or the Borrower Representative with respect to any amount owing under this
subsection (b) shall be conclusive, absent manifest error. 
 (c) Failure to Satisfy Conditions Precedent. If any
Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to a Borrower by the Administrative Agent
because the conditions to the applicable Credit Extension set forth in Article V are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to
such Lender, without interest. 
 (d) Obligations of Lenders Several. The obligations of the Lenders hereunder to make
Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Loan, to fund any such participation or to make
any payment under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make
its Loan, to purchase its participation or to make its payment under Section 11.04(c). 
 (e) Funding
Source. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any
particular place or manner. 
 2.13 Sharing of Payments by Lenders. 

If any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or interest
on any of the Loans made by it, or the participations in L/C Obligations or in Swing Line Loans held by it (excluding any amounts applied by the Swing Line Lender to outstanding Swing Line Loans) resulting in such Lender’s receiving payment of
a proportion of the aggregate amount of such Loans or participations and accrued interest thereon greater than its pro rata share thereof as provided herein, then the Lender receiving such greater proportion shall (a) notify the
Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans and subparticipations in L/C Obligations and Swing Line Loans of the other Lenders, or make such other adjustments as shall be equitable,
so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them, provided that: 

(i) if any such participations or subparticipations are purchased and all or any portion of the payment giving rise thereto is
recovered, such participations or subparticipations shall be rescinded and the purchase price restored to the extent of such recovery, without interest; and 

  
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 (ii) the provisions of this Section shall not be construed to apply to
(x) any payment made by or on behalf of any Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender), (y) the application of Cash
Collateral provided for in Section 2.14 or (z) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or subparticipations in L/C Obligations or Swing Line Loans to any
assignee or participant, other than an assignment to a Borrower or any Subsidiary thereof (as to which the provisions of this Section shall apply). 

Each Loan Party consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a
participation pursuant to the foregoing arrangements may exercise against such Loan Party rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of such Loan Party in the amount of such
participation. 
 2.14 Cash Collateral. 

(a) Certain Credit Support Events. If (i) the L/C Issuer has honored any full or partial drawing request under any
Letter of Credit and such drawing has resulted in an L/C Borrowing, (ii) as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, (iii) the Borrowers shall be required to provide Cash Collateral
pursuant to Section 9.02(c), or (iv) there shall exist a Defaulting Lender, the Borrowers shall immediately (in the case of clause (iii) above) or within one Business Day (in all other cases) following any request by the
Administrative Agent or the L/C Issuer, provide Cash Collateral in an amount not less than the applicable Minimum Collateral Amount (determined in the case of Cash Collateral provided pursuant to clause (iv) above, after giving effect to
Section 2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender). Additionally, if the Administrative Agent notifies the Borrower Representative at any time that the Outstanding Amount of all L/C Obligations at such time
exceeds 105% of the Letter of Credit Sublimit then in effect, then, within two Business Days after receipt of such notice, the Borrowers shall provide Cash Collateral for the Outstanding Amount of the L/C Obligations in an amount not less than the
amount by which the Outstanding Amount of all L/C Obligations exceeds the Letter of Credit Sublimit. 
 (b) Grant of
Security Interest. Each Borrower, and to the extent provided by any Defaulting Lender, such Defaulting Lender, hereby grants to (and subjects to the control of) the Administrative Agent, for the benefit of the Administrative Agent, the L/C
Issuer and the Lenders, and agrees to maintain, a first priority security interest in all such cash, deposit accounts and all balances therein, and all other property so provided as collateral pursuant hereto, and in all proceeds of the foregoing,
all as security for the obligations to which such Cash Collateral may be applied pursuant to Section 2.14(c). If at any time the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other
than the Administrative Agent or the L/C Issuer as herein provided, or that the total amount of such Cash Collateral is less than the Minimum Collateral Amount, the Borrowers will, promptly upon demand by the Administrative Agent, pay or provide to
the Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency. All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing
deposit accounts at Bank of America. The Borrowers shall pay on demand therefor from time to time all customary account opening, activity and other administrative fees and charges in connection with the maintenance and disbursement of Cash
Collateral. 

  
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 (c) Application. Notwithstanding anything to the contrary contained in
this Agreement, Cash Collateral provided under any of this Section 2.14 or Sections 2.03, 2.05, 2.15 or 9.02 in respect of Letters of Credit shall be held and applied in satisfaction of the specific L/C
Obligations, obligations to fund participations therein (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral was so provided, prior to any
other application of such property as may otherwise be provided for herein. 
 (d) Release. Cash Collateral (or the
appropriate portion thereof) provided to reduce Fronting Exposure or to secure other obligations shall be released promptly following (i) the elimination of the applicable Fronting Exposure or other obligations giving rise thereto (including by
the termination of Defaulting Lender status of the applicable Lender) (or, as appropriate, its assignee following compliance with Section 11.06(b)(vi)) or (ii) the determination by the Administrative Agent and the L/C Issuer that
there exists excess Cash Collateral; provided, however, (x) any such release shall be without prejudice to, and any disbursement or other transfer of Cash Collateral shall be and remain subject to, any other Lien conferred under
the Loan Documents and the other applicable provisions of the Loan Documents, and (y) the Person providing Cash Collateral and the L/C Issuer may agree that Cash Collateral shall not be released but instead held to support future anticipated
Fronting Exposure or other obligations. 
 2.15 Defaulting Lenders. 

(a) Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a
Defaulting Lender, then, until such time as that Lender is no longer a Defaulting Lender, to the extent permitted by applicable Law: 

(i) Waivers and Amendment. Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent
with respect to this Agreement shall be restricted as set forth in the definition of “Required Lenders” and Section 11.01. 

(ii) Defaulting Lender Waterfall. Any payment of principal, interest, fees or other amounts received by the
Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article IX or otherwise) or received by the Administrative Agent from a Defaulting Lender pursuant to
Section 11.08, shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder;
second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to the L/C Issuer or Swing Line Lender hereunder; third, to Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to
such Defaulting Lender in accordance with Section 2.14; fourth, as the Borrower Representative may request (so long as no Default or Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender
has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and the Borrower Representative, to be held in a deposit account and released
pro rata in order to (x) satisfy such Defaulting Lender’s potential future funding obligations with respect to Loans under this Agreement and (y) Cash Collateralize the L/C Issuer’s future Fronting Exposure with respect to such
Defaulting Lender with respect to future Letters of Credit issued under this Agreement, in accordance with Section 2.14; sixth, to the payment of any amounts owing to the Lenders, the L/C Issuer or Swing Line Lender as a result of
any judgment of a court of competent jurisdiction obtained by any Lender, the L/C Issuer or the Swing Line Lender against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement;
seventh, so long as no Default 

  
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or Event of Default exists, to the payment of any amounts owing to any Borrower as a result of any judgment of a court of competent jurisdiction obtained by such Borrower against that Defaulting
Lender as a result of that Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction; provided, that, if
(x) such payment is a payment of the principal amount of any Loans or L/C Borrowings in respect of which such Defaulting Lender has not fully funded its appropriate share, and (y) such Loans were made or the related Letters of Credit were
issued at a time when the conditions set forth in Section 5.02 were satisfied or waived, such payment shall be applied solely to pay the Loans of, and L/C Obligations owed to, all Non-Defaulting Lenders on a pro rata basis
prior to being applied to the payment of any Loans of, or L/C Obligations owed to, such Defaulting Lender until such time as all Loans and funded and unfunded participations in L/C Obligations and Swing Line Loans are held by the Lenders pro rata in
accordance with the Commitments hereunder without giving effect to Section 2.15(a)(iv). Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting
Lender or to post Cash Collateral pursuant to this Section 2.15(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 

(iii) Certain Fees. 

(A) No Defaulting Lender shall be entitled to receive any fee payable under Section 2.09(a) for any period during
which that Lender is a Defaulting Lender (and the Borrowers shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender). 

(B) Each Defaulting Lender shall be entitled to receive Letter of Credit Fees for any period during which that Lender is a
Defaulting Lender only to the extent allocable to its Applicable Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.14. 

(C) With respect to any Letter of Credit Fee not required to be paid to any Defaulting Lender pursuant to clause
(B) above, the Borrowers shall (x) pay to each Non-Defaulting Lender that portion of any such fee otherwise payable to such Defaulting Lender with respect to such Defaulting Lender’s participation in L/C Obligations or Swing Line
Loans that has been reallocated to such Non-Defaulting Lender pursuant to clause (iv) below, (y) pay to the L/C Issuer and Swing Line Lender, as applicable, the amount of any such fee otherwise payable to such Defaulting Lender to the
extent allocable to such L/C Issuer’s or Swing Line Lender’s Fronting Exposure to such Defaulting Lender, and (z) not be required to pay the remaining amount of any such fee. 

(iv) Reallocation of Applicable Percentages to Reduce Fronting Exposure. All or any part of such Defaulting
Lender’s participation in L/C Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s
Revolving Commitment) but only to the extent that (x) the conditions set forth in Section 5.02 are satisfied at the time of such reallocation (and, unless the Borrower Representative shall have otherwise notified the Administrative
Agent at such time, the 

  
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Borrowers shall be deemed to have represented and warranted that such conditions are satisfied at such time), and (y) such reallocation does not cause the aggregate Revolving Credit Exposure
of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender
having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation. 

(v) Cash Collateral, Repayment of Swing Line Loans. If the reallocation described in clause (a)(iv) above cannot, or can
only partially, be effected, the Borrowers shall, without prejudice to any right or remedy available to it hereunder or under applicable Law, (x) first, prepay Swing Line Loans in any amount equal to the Swing Line Lender’s Fronting
Exposure and (y) second, Cash Collateralize the L/C Issuer’s Fronting Exposure in accordance with the procedures set forth in Section 2.14. 

(b) Defaulting Lender Cure. If the Borrower Representative, the Administrative Agent, Swing Line Lender and the L/C
Issuer agree in writing that a Lender is no longer a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which
may include arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to
be necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swing Line Loans to be held on a pro rata basis by the Lenders in accordance with their Applicable Percentages (without giving effect to
Section 2.15(a)(iv)), whereupon such Lender will cease to be a Defaulting Lender; provided, that, no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrowers
while that Lender was a Defaulting Lender; provided, further, that, except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or
release of any claim of any party hereunder arising from that Lender having been a Defaulting Lender. 
 ARTICLE III 

TAXES, YIELD PROTECTION AND ILLEGALITY 

3.01 Taxes. 

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

(i) Any and all payments by or on account of any obligation of any Loan Party under any Loan Document shall be made without
deduction or withholding for any Taxes, except as required by applicable Laws. If any applicable Laws (as determined in the good faith discretion of the Administrative Agent or a Loan Party, as applicable) require the deduction or withholding of any
Tax from any such payment by the Administrative Agent or a Loan Party, then the Administrative Agent or such Loan Party shall be entitled to make such deduction or withholding, upon the basis of the information and documentation to be delivered
pursuant to subsection (e) below, such deduction or withholding to be determined in good faith. 

  
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 (ii) If any Loan Party or the Administrative Agent shall be required by the
Internal Revenue Code to withhold or deduct any Taxes, including both United States Federal backup withholding and withholding taxes, from any payment, then (A) the Administrative Agent shall withhold or make such deductions as are determined
by the Administrative Agent in good faith to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) the Administrative Agent shall timely pay the full amount withheld or
deducted to the relevant Governmental Authority in accordance with the Internal Revenue Code, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum payable by the applicable Loan Party shall be
increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this Section 3.01) the applicable Recipient receives an amount equal
to the sum it would have received had no such withholding or deduction been made. 
 (iii) If any Loan Party or the
Administrative Agent shall be required by any applicable Laws other than the Internal Revenue Code to withhold or deduct any Taxes from any payment, then (A) such Loan Party or the Administrative Agent, as required by such Laws, shall withhold
or make such deductions as are determined by it to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) such Loan Party or the Administrative Agent, to the extent required by
such Laws, shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance with such Laws, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum
payable by the applicable Loan Party shall be increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this Section 3.01) the
applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made. 

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

(c) Tax Indemnifications. (i) Each of the Loan Parties shall, and does hereby, jointly and severally indemnify each
Recipient, and shall make payment in respect thereof within 10 days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this
Section 3.01) payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such
Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower Representative by a Lender or the L/C Issuer (with a copy
to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender or the L/C Issuer, shall be conclusive absent manifest error. Each of the Loan Parties shall, and does hereby, jointly and severally indemnify
the Administrative Agent, and shall make payment in respect thereof within 10 days after demand therefor, for any amount which a Lender or the L/C Issuer for any reason fails to pay indefeasibly to the Administrative Agent as required pursuant to
Section 3.01(c)(ii) below. 

  
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 (ii) Each Lender and the L/C Issuer shall, and does hereby, severally indemnify,
and shall make payment in respect thereof within 10 days after demand therefor, (x) the Administrative Agent against any Indemnified Taxes attributable to such Lender or the L/C Issuer (but only to the extent that any Loan Party has not already
indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Loan Parties to do so), (y) the Administrative Agent and the Loan Parties, as applicable, against any Taxes attributable to such
Lender’s failure to comply with the provisions of Section 11.06(d) relating to the maintenance of a Participant Register and (z) the Administrative Agent and the Loan Parties, as applicable, against any Excluded Taxes
attributable to such Lender or the L/C Issuer, in each case, that are payable or paid by the Administrative Agent or a Loan Party in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or
not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest
error. Each Lender and the L/C Issuer hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender or the L/C Issuer, as the case may be, under this Agreement or any other Loan Document against
any amount due to the Administrative Agent under this clause (ii). 
 (d) Evidence of Payments. Upon request by
any Loan Party or the Administrative Agent, as the case may be, after any payment of Taxes by any Loan Party or by the Administrative Agent to a Governmental Authority as provided in this Section 3.01, each Loan Party shall deliver to
the Administrative Agent or the Administrative Agent shall deliver to the Borrower Representative, as the case may be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of any return
required by Laws to report such payment or other evidence of such payment reasonably satisfactory to the Borrower Representative or the Administrative Agent, as the case may be. 

(e) Status of Lenders; Tax Documentation. (i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with
respect to payments made under any Loan Document shall deliver to the Borrower Representative and the Administrative Agent, at the time or times reasonably requested by the Borrower Representative or the Administrative Agent, such properly completed
and executed documentation prescribed by applicable Law or the taxing authorities of a jurisdiction pursuant to such applicable Law or reasonably requested by the Borrower Representative or the Administrative Agent as will permit such payments to be
made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower Representative or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or
reasonably requested by the Borrower Representative or the Administrative Agent as will enable the Borrower Representative or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting
requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation either (A) set forth in Section 3.01(e)(ii)(A),
(ii)(B) and (ii)(D) below or (B) required by applicable law other than the Internal Revenue Code or the taxing authorities of the jurisdiction pursuant to such applicable law to comply with the requirements for exemption or
reduction of withholding tax in that jurisdiction) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially
prejudice the legal or commercial position of such Lender. 

  
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 (ii) Without limiting the generality of the foregoing, in the event that a
Borrower is a U.S. Person, 
 (A) any Lender that is a U.S. Person shall deliver to the Borrower Representative and the
Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower Representative or the Administrative Agent), executed originals of
IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding tax; 
 (B) any Foreign Lender
shall, to the extent it is legally entitled to do so, deliver to the Borrower Representative and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes
a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower Representative or the Administrative Agent), whichever of the following is applicable: 

(I) in the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party
(x) with respect to payments of interest under any Loan Document, executed originals of IRS Form W-8BEN or W-BEN-E, as applicable, establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the
“interest” article of such tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN or W-BEN-E, as applicable, establishing an exemption from, or reduction of, U.S. federal withholding
Tax pursuant to the “business profits” or “other income” article of such tax treaty; 
 (II) executed
originals of Internal Revenue Service Form W-8ECI, 
 (III) in the case of a Foreign Lender claiming the benefits of the
exemption for portfolio interest under Section 881(c) of the Internal Revenue Code, (x) a certificate substantially in the form of Exhibit G-1 to the effect that such Foreign Lender is not a “bank” within the meaning of
Section 881(c)(3)(A) of the Internal Revenue Code, a “10 percent shareholder” of a Borrower within the meaning of Section 881(c)(3)(B) of the Internal Revenue Code, or a “controlled foreign corporation” described in
Section 881(c)(3)(C) of the Internal Revenue Code (a “U.S. Tax Compliance Certificate”) and (y) executed originals of IRS Form W-8BEN or W-BEN-E, as applicable; or 

(IV) to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by IRS
Form W-8ECI, IRS Form W-8BEN or W-BEN-E, as applicable, a U.S. Tax Compliance Certificate substantially in the form of Exhibit G-2 or Exhibit G-3, IRS Form W-9, and/or other certification documents from

  
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each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio
interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit G-4 on behalf of each such direct and indirect partner; 

(C) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower Representative and the
Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the
Borrower Representative or the Administrative Agent), executed originals of any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed, together with such
supplementary documentation as may be prescribed by applicable law to permit the Borrower Representative or the Administrative Agent to determine the withholding or deduction required to be made; and 

(D) if a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if
such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Internal Revenue Code, as applicable), such Lender shall deliver to the Borrower
Representative and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower Representative or the Administrative Agent such documentation prescribed by applicable law (including
as prescribed by Section 1471(b)(3)(C)(i) of the Internal Revenue Code) and such additional documentation reasonably requested by the Borrower Representative or the Administrative Agent as may be necessary for the Borrower Representative and
the Administrative Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for
purposes of this clause (D), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

(iii) Each Lender agrees that if any form or certification it previously delivered pursuant to this Section 3.01
expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower Representative and the Administrative Agent in writing of its legal inability to do so. 

(f) Treatment of Certain Refunds. Unless required by applicable Laws, at no time shall the Administrative Agent have any
obligation to file for or otherwise pursue on behalf of a Lender or the L/C Issuer, or have any obligation to pay to any Lender or the L/C Issuer, any refund of Taxes withheld or deducted from funds paid for the account of such Lender or the L/C
Issuer, as the case may be. If any Recipient determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been indemnified by any Loan Party or with respect to which any Loan Party has
paid additional amounts pursuant to this Section 3.01, it shall pay to the Loan Party an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by a Loan Party under this
Section 3.01  

  
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with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) incurred by such Recipient, and without interest (other than any interest paid by the
relevant Governmental Authority with respect to such refund), provided that the Loan Party, upon the request of the Recipient, agrees to repay the amount paid over to the Loan Party (plus any penalties, interest or other charges imposed by
the relevant Governmental Authority) to the Recipient in the event the Recipient is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this subsection, in no event will the applicable Recipient
be required to pay any amount to the Loan Party pursuant to this subsection the payment of which would place the Recipient in a less favorable net after-Tax position than such Recipient would have been in if the Tax subject to indemnification and
giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This subsection shall not be construed to require any Recipient to
make available its tax returns (or any other information relating to its taxes that it deems confidential) to any Loan Party or any other Person. 

(g) Survival. Each party’s obligations under this Section 3.01 shall survive the resignation or
replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender or the L/C Issuer, the termination of the Commitments and the repayment, satisfaction or discharge of all other Obligations. 

3.02 Illegality. 
 If any
Lender in good faith determines that any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or its Lending Office to make, maintain or fund Loans whose interest is determined by reference to
the Eurodollar Rate, or to determine or charge interest rates based upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the
London interbank market, then, on notice thereof by such Lender to the Borrower Representative through the Administrative Agent, (i) any obligation of such Lender to make or continue Eurodollar Rate Loans or to convert Base Rate Loans to
Eurodollar Rate Loans shall be suspended and (ii) if such notice asserts the illegality of such Lender making or maintaining Base Rate Loans the interest rate on which is determined by reference to the Eurodollar Rate component of the Base
Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate, in each case until such
Lender notifies the Administrative Agent and the Borrower Representative that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, (x) the Borrowers shall, upon demand from such Lender (with a copy
to the Administrative Agent), prepay or, if applicable, convert all Eurodollar Rate Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the
Administrative Agent without reference to the Eurodollar Rate component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Rate Loans to such day, or
immediately, if such Lender may not lawfully continue to maintain such Eurodollar Rate Loans and (y) if such notice asserts the illegality of such Lender determining or charging interest rates based upon the Eurodollar Rate, the Administrative
Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference to the Eurodollar Rate component thereof until the Administrative Agent is advised in writing by such Lender that it is no longer
illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate. Upon any such prepayment or conversion, the Borrowers shall also pay accrued interest on the amount so prepaid or converted. 

  
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 3.03 Inability to Determine Rates. 

If in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation thereof or otherwise, (a) the
Administrative Agent determines in good faith that (i) Dollar deposits are not being offered to banks in the applicable offshore interbank eurodollar market for such currency for the applicable amount and Interest Period of such Eurodollar Rate
Loan or (ii) adequate means do not exist for determining the Eurodollar Base Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan or in connection with an existing or proposed Base Rate Loan (in each case with
respect to this clause (a), “Impacted Loans”), or (b) the Administrative Agent or the Required Lenders determine in good faith that for any reason the Eurodollar Base Rate for any requested Interest Period with respect to a
proposed Eurodollar Rate Loan does not adequately and fairly reflect the cost to the Lenders of funding such Loan, the Administrative Agent will promptly notify the Borrower Representative and all Lenders. Thereafter, (x) the obligation of the
Lenders to make or maintain Eurodollar Rate Loans shall be suspended (to the extent of the affected Eurodollar Rate Loans or Interest Periods) and (y) in the event of a determination described in the preceding sentence with respect to the
Eurodollar Rate component of the Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate shall be suspended, in each case until the Administrative Agent revokes such notice once the circumstances giving rise to such
suspension no longer exist. Upon receipt of such notice, the Borrower Representative may revoke any pending request for a Borrowing, conversion or continuation of Eurodollar Rate Loans (to the extent of the affected Eurodollar Rate Loans or Interest
Periods) or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount specified therein. 

Notwithstanding the foregoing, if the Administrative Agent has made the determination described in clause (a) of this
Section 3.03, the Administrative Agent, in consultation with the Borrowers and the affected Lenders, may establish an alternative interest rate for the applicable Impacted Loans, in which case, such alternative interest rate shall apply
with respect to such Impacted Loans until (1) the Administrative Agent revokes the notice delivered with respect to the applicable Impacted Loans under the first sentence of this Section 3.03, (2) the Administrative Agent
notifies the Borrower Representative that such alternative interest rate does not adequately and fairly reflect the cost to such Lenders of funding the applicable Impacted Loans, or (3) any Lender determines that any Law has made it unlawful,
or that any Governmental Authority has asserted that it is unlawful, for such Lender or its applicable Lending Office to make, maintain or fund Loans whose interest is determined by reference to such alternative interest rate or to determine or
charge interest rates based upon such rate or any Governmental Authority has imposed material restrictions on the ability of such Lender to do any of the foregoing and, in each case, such Lender provides the Administrative Agent and the Borrower
Representative written notice thereof. 
 3.04 Increased Costs. 

(a) Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement
against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in the Eurodollar Rate) or the L/C Issuer; 

(ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses
(b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital
attributable thereto; or 

  
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 (iii) impose on any Lender or the L/C Issuer or the London interbank market any
other condition, cost or expense (other than Taxes) affecting this Agreement or Eurodollar Rate Loans made by such Lender or any Letter of Credit or participation therein; 

and the result of any of the foregoing shall be to increase the cost to such Lender of making, converting to, continuing or
maintaining any Loan the interest on which is determined by reference to the Eurodollar Rate (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender or the L/C Issuer of participating in, issuing or
maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or the L/C Issuer hereunder (whether of principal,
interest or any other amount) then, upon request of such Lender or the L/C Issuer, the Borrowers will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer, as
the case may be, for such additional costs incurred or reduction suffered. 
 (b) Capital Requirements. If any Lender
or the L/C Issuer determines that any Change in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital or liquidity requirements has
or would have the effect of reducing the rate of return on such Lender’s or the L/C Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Agreement, the
Commitments of such Lender or the Loans made by, or participations in Letters of Credit or Swing Line Loans held by, such Lender, or the Letters of Credit issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such
Lender’s or the L/C Issuer’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s
holding company with respect to capital adequacy), then from time to time the Borrowers will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer or such
Lender’s or the L/C Issuer’s holding company for any such reduction suffered. 
 (c) Certificates for
Reimbursement. A certificate of a Lender or the L/C Issuer setting forth the amount or amounts necessary to compensate such Lender or the L/C Issuer or its holding company, as the case may be, as specified in subsection (a) or (b) of
this Section and delivered to the Borrower Representative shall be conclusive absent manifest error. The Borrowers shall pay such Lender or the L/C Issuer, as the case may be, the amount shown as due on any such certificate within 10 days after
receipt thereof. 
 (d) Delay in Requests. Failure or delay on the part of any Lender or the L/C Issuer to demand
compensation pursuant to the foregoing provisions of this Section shall not constitute a waiver of such Lender’s or the L/C Issuer’s right to demand such compensation, provided that no Borrower shall be required to compensate a
Lender or the L/C Issuer pursuant to the foregoing provisions of this Section for any increased costs incurred or reductions suffered more than nine months prior to the date that such Lender or the L/C Issuer, as the case may be, notifies the
Borrower Representative of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or the L/C Issuer’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such
increased costs or reductions is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect thereof). 

  
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 3.05 Compensation for Losses. 

Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrowers shall promptly compensate such Lender for
and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: 
 (a) any continuation,
conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); 

(b) any failure by any Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue
or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower Representative; 
 (c)
any failure by any Borrower to make payment of any drawing under any Letter of Credit (or interest due thereon) denominated in an Alternative Currency on its scheduled due date or any payment thereof in a different currency; or 

(d) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result of a
request by the Borrower Representative pursuant to Section 11.13; 
 including any foreign exchange losses and any loss or
expense arising from the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrowers shall also pay any customary administrative fees
charged by such Lender in connection with the foregoing. 
 For purposes of calculating amounts payable by the Borrowers to the Lenders
under this Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Base Rate used in determining the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the
London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded. A certificate (which shall be in reasonable detail) showing the bases for the determinations set
forth in this Section 3.05 by any Lender as to any additional amounts payable pursuant to this Section 3.05 shall be submitted by such Lender to the Borrower Representative either directly or through the Administrative Agent.
Determinations by the Lenders and Administrative Agent under this Section 3.05 and determinations set forth in any such certificate shall be made in good faith. 

3.06 Mitigation Obligations; Replacement of Lenders. 

(a) Designation of a Different Lending Office. Each Lender and the L/C Issuer may make any Credit Extension through any
Lending Office, provided that the exercise of this option shall not affect the obligation of the Borrowers to repay the Credit Extension in accordance with the terms of this Agreement. If any Lender requests compensation under
Section 3.04, or requires any Borrower to pay any Indemnified Taxes or additional amounts to any Lender, the L/C Issuer or any Governmental Authority for the account of any Lender or the L/C Issuer pursuant to Section 3.01,
or if any Lender gives a notice pursuant to Section 3.02, then at the request of the Borrower Representative such Lender or the L/C Issuer shall, as applicable, use reasonable efforts 

  
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to designate a different Lending Office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the
judgment of such Lender or the L/C Issuer, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 3.01 or 3.04, as the case may be, in the future, or eliminate the need for the notice
pursuant to Section 3.02, as applicable, and (ii) in each case, would not subject such Lender or the L/C Issuer, as the case may be, to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender or
the L/C Issuer, as the case may be. The Borrowers hereby agree to pay all reasonable costs and expenses incurred by any Lender or the L/C Issuer in connection with any such designation or assignment. 

(b) Replacement of Lenders. If any Lender requests compensation under Section 3.04, or if any Borrower is
required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01 and, in each case, such Lender has declined or is unable to designate a
different lending office in accordance with Section 3.06(a), the Borrower Representative may replace such Lender in accordance with Section 11.13. 

3.07 Survival. 
 All of the
obligations of the Loan Parties under this Article III shall survive termination of the Aggregate Revolving Commitments, repayment of all other Obligations hereunder and resignation of the Administrative Agent. 

ARTICLE IV 
 GUARANTY 

4.01 The Guaranty. 
 Each
of the Guarantors hereby jointly and severally guarantees to each Lender, each Swap Bank, each Treasury Management Bank, and the Administrative Agent as hereinafter provided, as primary obligor and not as surety, the prompt payment of all
Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory Cash Collateralization or otherwise) strictly in accordance with the terms thereof. The Guarantors hereby further agree that if any
of the Obligations are not paid in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory Cash Collateralization or otherwise), the Guarantors will, jointly and severally, promptly pay the same, without
any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Obligations, the same will be promptly paid in full when due (whether at extended maturity, as a mandatory prepayment, by
acceleration, as a mandatory Cash Collateralization or otherwise) in accordance with the terms of such extension or renewal. 

Notwithstanding any provision to the contrary contained herein or in any other of the Loan Documents, Secured Swap Agreements or Secured
Treasury Management Agreements, (i) the obligations of each Guarantor under this Agreement and the other Loan Documents shall be limited to an aggregate amount equal to the largest amount that would not render such obligations subject to
avoidance under the Debtor Relief Laws or any comparable provisions of any applicable state law and (ii) the Obligations of a Guarantor that are guaranteed under this Guaranty shall exclude any Excluded Swap Obligations with respect to such
Guarantor. 

  
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 4.02 Obligations Unconditional. 

The obligations of the Guarantors under Section 4.01 are joint and several, absolute and unconditional, irrespective of the value,
genuineness, validity, regularity or enforceability of any of the Loan Documents, Secured Swap Agreements or Secured Treasury Management Agreements, or any other agreement or instrument referred to therein, or any substitution, release, impairment
or exchange of any other guarantee of or security for any of the Obligations, and, to the fullest extent permitted by applicable law, irrespective of any law or regulation or other circumstance whatsoever which might otherwise constitute a legal or
equitable discharge or defense of a surety or guarantor, it being the intent of this Section 4.02 that the obligations of the Guarantors hereunder shall be absolute and unconditional under any and all circumstances. Each Guarantor agrees
that such Guarantor shall have no right of subrogation, indemnity, reimbursement or contribution against any Borrower or any other Guarantor for amounts paid under this Article IV until such time as the Obligations (other than contingent
obligations that survive termination of this Agreement and as to which no claim has been asserted and obligations under Secured Swap Agreements and Secured Treasury Management Agreements for which satisfactory arrangements have been made with the
applicable Treasury Management Bank or Swap Bank) have been paid in full and the Commitments have expired or terminated. Without limiting the generality of the foregoing, it is agreed that, to the fullest extent permitted by law, the occurrence of
any one or more of the following shall not alter or impair the liability of any Guarantor hereunder, which shall remain absolute and unconditional as described above: 

(a) at any time or from time to time, without notice to any Guarantor, the time for any performance of or compliance with any
of the Obligations shall be extended, or such performance or compliance shall be waived; 
 (b) any of the acts mentioned in
any of the provisions of any of the Loan Documents, any Secured Swap Agreement, or any Secured Treasury Management Agreement, or any other agreement or instrument referred to in the Loan Documents, such Secured Swap Agreements or such Secured
Treasury Management Agreements shall be done or omitted; 
 (c) the maturity of any of the Obligations shall be accelerated,
or any of the Obligations shall be modified, supplemented or amended in any respect, or any right under any of the Loan Documents, any Secured Swap Agreement or any Secured Treasury Management Agreement, or any other agreement or instrument referred
to in the Loan Documents, such Secured Swap Agreements or such Secured Treasury Management Agreements shall be waived or any other guarantee of any of the Obligations or any security therefor shall be released, impaired or exchanged in whole or in
part or otherwise dealt with; 
 (d) any Lien granted to, or in favor of, the Administrative Agent or any Lender or Lenders
as security for any of the Obligations shall fail to attach or be perfected; or 
 (e) any of the Obligations shall be
determined to be void or voidable (including, without limitation, for the benefit of any creditor of any Guarantor) or shall be subordinated to the claims of any Person (including, without limitation, any creditor of any Guarantor). 

With respect to its obligations hereunder, each Guarantor hereby expressly waives diligence, presentment, demand of payment, protest and all
notices whatsoever, and any requirement that the Administrative Agent or any Lender exhaust any right, power or remedy or proceed against any Person under any of the Loan Documents, any Secured Swap Agreement or any Secured Treasury Management
Agreement, or any other agreement or instrument referred to in the Loan Documents, such Secured Swap Agreements or such Secured Treasury Management Agreements, or against any other Person under any other guarantee of, or security for, any of the
Obligations. 

  
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 4.03 Reinstatement. 

The obligations of the Guarantors under this Article IV shall be automatically reinstated if and to the extent that for any reason any
payment by or on behalf of any Person in respect of the Obligations is rescinded or must be otherwise restored by any holder of any of the Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise, and each
Guarantor agrees that it will indemnify the Administrative Agent and each Lender on demand for all reasonable costs and expenses (including, without limitation, the reasonable fees, charges and disbursements of counsel) incurred by the
Administrative Agent or such Lender in connection with such rescission or restoration, including any such costs and expenses incurred in defending against any claim alleging that such payment constituted a preference, fraudulent transfer or similar
payment under any bankruptcy, insolvency or similar law. 
 4.04 Certain Additional Waivers. 

Each Guarantor agrees that such Guarantor shall have no right of recourse to security for the Obligations, except through the exercise of
rights of subrogation pursuant to Section 4.02 and through the exercise of rights of contribution pursuant to Section 4.06. 

4.05 Remedies. 
 The
Guarantors agree that, to the fullest extent permitted by law, as between the Guarantors, on the one hand, and the Administrative Agent and the Lenders, on the other hand, the Obligations may be declared to be forthwith due and payable as provided
in Section 9.02 (and shall be deemed to have become automatically due and payable in the circumstances provided in said Section 9.02) for purposes of Section 4.01 notwithstanding any stay, injunction or other
prohibition preventing such declaration (or preventing the Obligations from becoming automatically due and payable) as against any other Person and that, in the event of such declaration (or the Obligations being deemed to have become automatically
due and payable), the Obligations (whether or not due and payable by any other Person) shall forthwith become due and payable by the Guarantors for purposes of Section 4.01. The Guarantors acknowledge and agree that their obligations
hereunder are secured in accordance with the terms of the Collateral Documents and that the Lenders may exercise their remedies thereunder in accordance with the terms thereof. 

4.06 Rights of Contribution. 

The Guarantors agree among themselves that, in connection with payments made hereunder, each Guarantor shall have contribution rights against
the other Guarantors as permitted under applicable law. Such contribution rights shall be subordinate and subject in right of payment to the obligations of such Guarantors under the Loan Documents and no Guarantor shall exercise such rights of
contribution until all Obligations (other than contingent obligations that survive termination of this Agreement and as to which no claim has been asserted and obligations under Secured Swap Agreements and Secured Treasury Management Agreements for
which satisfactory arrangements have been made with the applicable Treasury Management Bank or Swap Bank) have been paid in full and the Commitments have terminated. 

  
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 4.07 Guarantee of Payment; Continuing Guarantee. 

The guarantee in this Article IV is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all
Obligations whenever arising. Notwithstanding anything to the contrary herein, the Guarantee in this Article IV shall terminate (subject to Section 4.03) upon payment in full of all Obligations (other than contingent obligations
that survive termination of this Agreement and as to which no claim has been asserted and Obligations under Secured Swap Agreements and Secured Treasury Management Agreements for which satisfactory arrangements have been made with the applicable
Treasury Management Bank or Swap Bank) and termination of the Commitments. 
 4.08 Keepwell. 

Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article IV by any Loan Party that is not then an
“eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Loan Party, in either case, becomes effective
with respect to any Swap Obligation, hereby jointly and severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by
such Specified Loan Party from time to time to honor all of its obligations under the Loan Documents in respect of such Swap Obligation (but, in each case, only up to the maximum amount of such liability that can be hereby incurred without rendering
such Qualified ECP Guarantor’s obligations and undertakings under this Article IV voidable under applicable Debtor Relief Laws, and not for any greater amount). The obligations and undertakings of each applicable Loan Party under this
Section shall remain in full force and effect until such time as the Obligations (other than contingent obligations that survive the termination of this Agreement) have been paid in full and the Commitments have expired or terminated. Each Loan
Party intends this Section to constitute, and this Section shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of, each Specified Loan Party for all purposes of
the Commodity Exchange Act. 
 ARTICLE V 

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 

5.01 Conditions of Initial Credit Extension. 

This Agreement shall become effective upon and the obligation of the L/C Issuer and each Lender to make its initial Credit Extension hereunder
is subject to satisfaction of the following conditions precedent: 
 (a) Loan Documents. Receipt by the Administrative
Agent of executed counterparts of this Agreement and the other Loan Documents to be executed on the Closing Date, each properly executed by a Responsible Officer of the signing Loan Party and, in the case of this Agreement, by each Lender. 

(b) Opinions of Counsel. Receipt by the Administrative Agent of favorable opinions of legal counsel to the Loan Parties,
addressed to the Administrative Agent and each Lender, dated as of the Closing Date, and in form and substance satisfactory to the Administrative Agent. 

(c) Financial Statements. The Administrative Agent shall have received: 

(i) the Audited Financial Statements; and 

(ii) unaudited consolidated financial statements of the Parent and its Subsidiaries for the fiscal quarter ended June 30,
2014, including balance sheets and statements of income or operations, shareholders’ equity and cash flows (the “Interim Financial Statements”); 

  
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 (iii) financial projections for the Parent and its Subsidiaries in form and
substance satisfactory to the Lenders for each year commencing with the fiscal year ended December 31, 2015 through December 31, 2019; and 

(iv) forecasts prepared by management of the Parent of consolidated balance sheets and statements of income or operations and
cash flows of the Parent and its Subsidiaries on a quarterly basis for the fiscal quarters ending December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015. 

(d) No Material Adverse Change. There shall not have occurred since December 31, 2013 any event or circumstance
that has had or would be reasonably expected to have, either individually or in the aggregate, a Material Adverse Effect (it being understood that any matters disclosed in the Parent’s SEC filings prior to August 7, 2014 shall not be
deemed to breach this condition). 
 (e) Litigation. There shall not exist any action, suit, investigation or
proceeding pending or, to the knowledge of the Parent, threatened in any court or before an arbitrator or Governmental Authority that would reasonably be expected to have a Material Adverse Effect (it being understood that any matters disclosed in
the Parent’s SEC filings prior to August 7, 2014 shall not be deemed to breach this condition). 
 (f)
Organization Documents, Resolutions, Etc. Receipt by the Administrative Agent of the following, each of which shall be originals or facsimiles (followed promptly by originals), in form and substance reasonably satisfactory to the
Administrative Agent and its legal counsel: 
 (i) copies of the Organization Documents of each Loan Party certified to be
true and complete as of a recent date by the appropriate Governmental Authority of the state or other jurisdiction of its incorporation or organization, where applicable, and certified by a secretary or assistant secretary of such Loan Party to be
true and correct as of the Closing Date; 
 (ii) such certificates of resolutions or other action, incumbency certificates
and/or other certificates of Responsible Officers of each Loan Party as the Administrative Agent may require evidencing the identity, authority and capacity of each Responsible Officer thereof authorized to act as a Responsible Officer in connection
with this Agreement and the other Loan Documents to which such Loan Party is a party; and 
 (iii) such documents and
certifications as the Administrative Agent may require to evidence that each Loan Party is duly organized or formed, and is validly existing, in good standing and qualified to engage in business in its state of organization or formation. 

(g) Perfection and Priority of Liens. Receipt by the Administrative Agent of the following: 

(i) searches of Uniform Commercial Code filings in the jurisdiction of formation of each Loan Party or where a filing would
need to be made in order to perfect the Administrative Agent’s security interest in the Collateral, copies of the financing statements on file in such jurisdictions and evidence that no Liens exist other than Permitted Liens; 

  
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 (ii) UCC financing statements for each appropriate jurisdiction as is necessary,
in the Administrative Agent’s sole discretion, to perfect the Administrative Agent’s security interest in the Collateral; 

(iii) all certificates evidencing any certificated Equity Interests pledged to the Administrative Agent pursuant to the
Security Agreement, together with duly executed in blank and undated stock powers attached thereto; 
 (iv) searches of
ownership of, and Liens on, intellectual property of each Loan Party in the appropriate governmental offices; and 
 (v) duly
executed notices of grant of security interest in the form required by the Security Agreement as are necessary, in the Administrative Agent’s sole discretion, to perfect the Administrative Agent’s security interest in the intellectual
property of the Loan Parties. 
 (h) Real Property Collateral. Receipt by the Administrative Agent of Real Property
Security Documents with respect to the fee interest of any Loan Party in each real property identified on Schedule 6.20(a) (other than Excluded Property). 

(i) Evidence of Insurance. Receipt by the Administrative Agent of copies of insurance policies or certificates of
insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability
insurance) or Lender’s loss payee (in the case of hazard insurance) on behalf of the Lenders. 
 (j) Closing
Certificate. Receipt by the Administrative Agent of a certificate signed by a Responsible Officer of each Borrower certifying that (i) the conditions specified in Sections 5.01(d) and (e) and Sections 5.02(a) and
(b) have been satisfied and (ii) after giving effect to the transactions contemplated hereby, the Loan Parties are in compliance with the financial covenants set forth in Section 8.11 on a Pro Forma Basis (as
demonstrated by supporting calculations included with the certificate). 
 (k) Solvency Certificate. Receipt by the
Administrative Agent of certification as to the financial condition and Solvency of each Borrower individually and of the Parent and its Subsidiaries on a consolidated basis (after giving effect to the transactions contemplated hereby) from a
Responsible Officer of each Borrower. 
 (l) Fees. Receipt by the Administrative Agent, the Arrangers and the Lenders
of any fees required to be paid on or before the Closing Date. 
 (m) Attorney Costs. Unless waived by the
Administrative Agent, the Borrowers shall have paid all reasonable fees, charges and disbursements of counsel to the Administrative Agent to the extent invoiced prior to or on the Closing Date, plus such additional amounts of such fees,
charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final
settling of accounts between the Borrowers and the Administrative Agent). 

  
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 (n) Other. Receipt by the Administrative Agent and the Lenders of such
other documents, instruments, agreements and information as reasonably requested by the Administrative Agent or any Lender, including, but not limited to, information regarding litigation, tax, accounting, labor, insurance, pension liabilities
(actual or contingent), real estate leases, material contracts, debt agreements, property ownership, environmental matters, contingent liabilities and management of the Parent and its Subsidiaries. 

Without limiting the generality of the provisions of the last paragraph of Section 10.03, for purposes of determining compliance
with the conditions specified in this Section 5.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be
consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto. 

5.02 Conditions to all Credit Extensions. 

The obligation of each Lender and the L/C Issuer to honor any Request for Credit Extension (other than a Loan Notice requesting only a
conversion of Loans to the other Type, or a continuation of Eurodollar Rate Loans) is subject to the following conditions precedent: 

(a) The representations and warranties of the Borrowers and each other Loan Party contained in Article VI or any other
Loan Document, or which are contained in any Compliance Certificate, Pro Forma Compliance Certificate, Loan Notice or Swing Line Loan Notice furnished at any time under or in connection herewith or therewith, shall be true and correct in all
material respects (and in all respects if any such representation or warranty is already qualified by materiality or reference to Material Adverse Effect) on and as of the date of such Credit Extension, except to the extent that such representations
and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects (and in all respects if any such representation or warranty is already qualified by materiality or reference to Material
Adverse Effect) as of such earlier date, and except that for purposes of this Section 5.02, the representations and warranties contained in subsections (a) and (b) of Section 6.05 shall be deemed to refer to the
most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 7.01. 
 (b) No
Default shall exist, or would result from such proposed Credit Extension or from the application of the proceeds thereof. 

(c) In the case of a Letter of Credit to be denominated in an Alternative Currency, there shall not have occurred any change in
national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent or the L/C Issuer would make it impracticable for such Letter of Credit
to be denominated in the relevant Alternative Currency. 
 (d) The Administrative Agent and, if applicable, the L/C Issuer
and/or the Swing Line Lender shall have received a Request for Credit Extension in accordance with the requirements hereof. 
 Each Request
for Credit Extension submitted by the Borrower Representative or any other Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 5.02(a) and (b) have been satisfied on and as of the
date of the applicable Credit Extension. 

  
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 ARTICLE VI 

REPRESENTATIONS AND WARRANTIES 

The Loan Parties represent and warrant to the Administrative Agent and the Lenders that: 

6.01 Existence, Qualification and Power. 

Each Loan Party (a) is duly organized or formed, validly existing and in good standing under the Laws of the jurisdiction of its
incorporation or organization, (b) has all requisite power and authority and all requisite governmental licenses, authorizations, consents and approvals to (i) own or lease its assets and carry on its business and (ii) execute,
deliver and perform its obligations under the Loan Documents to which it is a party, and (c) is duly qualified and is licensed and in good standing under the Laws of each jurisdiction where its ownership, lease or operation of properties or the
conduct of its business requires such qualification or license; except in each case referred to in clause (b)(i) or (c), to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect. 

6.02 Authorization; No Contravention. 

The execution, delivery and performance by each Loan Party of each Loan Document to which such Person is party have been duly authorized by all
necessary corporate or other organizational action, and do not (a) contravene the terms of any of such Person’s Organization Documents; (b) conflict with or result in any breach or contravention of, or the creation of any Lien (other
than Liens granted in favor of the Administrative Agent for the benefit of the Secured Parties pursuant to the Loan Documents) under, or require any payment to be made under (i) any material Contractual Obligation to which such Person is a
party or affecting such Person or the properties of such Person or any of its Subsidiaries or (ii) any order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject; or
(c) violate in any material respect any Law (including, without limitation, Regulation U or Regulation X issued by the FRB), except with respect to clause (b)(ii) above, as would not reasonably be expected to have a Material Adverse Effect.

 6.03 Governmental Authorization; Other Consents. 

No approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority or any other
Person is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document other than (a) those that have already been obtained and are in
full force and effect, (b) filings to perfect the Liens created by the Collateral Documents and (c) notices required by Law in connection with enforcement actions. 

6.04 Binding Effect. 
 Each
Loan Document has been duly executed and delivered by each Loan Party that is party thereto. Each Loan Document constitutes a legal, valid and binding obligation of each Loan Party that is party thereto, enforceable against each such Loan Party in
accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws of general application affecting the enforcement of creditors’ rights generally or by
general equitable principles. 

  
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 6.05 Financial Statements; No Material Adverse Effect. 

(a) The Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period
covered thereby, except as otherwise expressly noted therein; (ii) fairly present in all material respects the financial condition of the Parent and its Subsidiaries as of the date thereof and their results of operations for the period covered
thereby, except as otherwise expressly noted therein; and (iii) show all material indebtedness and other liabilities required to be set forth therein in accordance with GAAP as of the date thereof. 

(b) The Interim Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period
covered thereby, except as otherwise expressly noted therein; (ii) fairly present in all material respects the financial condition of the Parent and its Subsidiaries as of the date thereof and their results of operations for the period covered
thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments; and (iii) show all material indebtedness and other liabilities required to be set forth therein in accordance with
GAAP as of the date thereof. 
 (c) From the date of the Audited Financial Statements to and including the Closing Date,
there has been no Disposition by any Loan Party or any Subsidiary, or any Involuntary Disposition, of any business or property of any Loan Party or any Subsidiary material to the Parent and its Subsidiaries taken as a whole, and no purchase or other
acquisition by any of them of any business or property (including any Equity Interests of any other Person) material to the Parent and its Subsidiaries taken as a whole, in each case, which is not reflected in the foregoing financial statements or
in the notes thereto or has not otherwise been disclosed in writing to the Lenders on or prior to the Closing Date. 
 (d)
The financial statements delivered pursuant to Section 7.01(a) and (b) have been prepared in accordance with GAAP (except as may otherwise be permitted under Section 7.01(a) and (b)) and fairly present in
all material respects (on the basis disclosed in the footnotes to such financial statements) the consolidated and consolidating financial condition, results of operations and cash flows of the Parent and its Subsidiaries as of the dates thereof and
for the periods covered thereby. 
 (e) Since the date of the Audited Financial Statements, there has been no event or
circumstance, either individually or in the aggregate, that has had or would reasonably be expected to have a Material Adverse Effect. 

6.06 Litigation. 
 Except
for matters disclosed in the Parent’s SEC filings prior to August 7, 2014 (solely as in effect on such date and without taking into account any changes to such matters after such date), there are no actions, suits, proceedings, claims or
disputes pending or, to the knowledge of the Loan Parties after reasonable inquiry, threatened or contemplated, at law, in equity, in arbitration or before any Governmental Authority, by or against any Loan Party or any of its Subsidiaries or
against any of their properties or revenues that (a) purport to affect or pertain to this Agreement or any other Loan Document, or any of the transactions contemplated hereby or (b) would reasonably be expected to have a Material Adverse
Effect. 

  
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 6.07 No Default. 

(a) Neither any Loan Party nor any Subsidiary is in default under or with respect to any Contractual Obligation that would reasonably be
expected to have a Material Adverse Effect. 
 (b) No Default has occurred and is continuing. 

6.08 Ownership of Property; Liens. 

Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property
necessary or used in the ordinary conduct of its business, and good title to all personal property necessary or used in the ordinary conduct of its business, except in each case for such defects in title or interests as would not, individually or in
the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens. 

6.09 Environmental Compliance. 

Except for matters disclosed in the Parent’s SEC filings prior to August 7, 2014 (solely as in effect on such date and without taking
into account any changes to such matters after such date) or except as would not reasonably be expected to have a Material Adverse Effect: 

(a) Each of the Facilities and all operations at the Facilities are in compliance with all applicable Environmental Laws, and
there is no violation of any Environmental Law with respect to the Facilities or the Businesses, and there are no conditions relating to the Facilities or the Businesses that could give rise to liability under any applicable Environmental Laws. 

(b) None of the Facilities contains, or has previously contained, any Hazardous Materials at, on or under the Facilities in
amounts or concentrations that constitute or constituted a violation of, or could give rise to liability under, Environmental Laws. 

(c) Neither any Loan Party nor any Subsidiary has received any written or verbal notice of, or inquiry from any Governmental
Authority regarding, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Facilities or the Businesses, nor does any
Responsible Officer of any Loan Party have knowledge or reason to believe that any such notice will be received or is being threatened. 

(d) Hazardous Materials have not been transported or disposed of from the Facilities, or generated, treated, stored or disposed
of at, on or under any of the Facilities or any other location, in each case by or on behalf of any Loan Party or any Subsidiary in violation of, or in a manner that would be reasonably likely to give rise to liability under, any applicable
Environmental Law. 
 (e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of
the Loan Parties, threatened, under any Environmental Law to which any Loan Party or any Subsidiary is or will be named as a party, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other
administrative or judicial requirements outstanding under any Environmental Law with respect to any Loan Party, any Subsidiary, the Facilities or the Businesses. 

  
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 (f) There has been no release or threat of release of Hazardous Materials at or
from the Facilities, or arising from or related to the operations (including, without limitation, disposal) of any Loan Party or any Subsidiary in connection with the Facilities or otherwise in connection with the Businesses, in violation of or in
amounts or in a manner that could give rise to liability under Environmental Laws. 
 6.10 Insurance. 

(a) The properties of the Loan Parties and their Subsidiaries are insured with financially sound and reputable insurance companies not
Affiliates of such Persons, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the applicable Loan Party or the
applicable Subsidiary operates. 
 (b) Each Borrower and its Subsidiaries maintain, if available, fully paid flood hazard insurance on all
real property that is located in a special flood hazard area and that constitutes Collateral, on such terms and in such amounts as required by The National Flood Insurance Reform Act of 1994 or as otherwise required by the Administrative Agent. 

6.11 Taxes. 
 The Loan
Parties and their Subsidiaries have filed all federal and other material state and other tax returns and reports required to be filed, and have paid, or made provision for the payment of, all federal and other material state and other taxes,
assessments, fees and other governmental charges levied or imposed upon them or their properties, income or assets otherwise due and payable, except those which are being contested in good faith by appropriate proceedings diligently conducted and
for which adequate reserves have been provided in accordance with GAAP. There is no proposed tax assessment against any Loan Party or any Subsidiary that would, if made, have a Material Adverse Effect. Neither any Loan Party nor any Subsidiary
thereof is party to any tax sharing agreement. 
 6.12 ERISA Compliance. 

(a) Each Plan is in compliance in all material respects with the applicable provisions of ERISA, the Internal Revenue Code and
other federal or state laws. Each Pension Plan that is intended to be a qualified plan under Section 401(a) of the Internal Revenue Code has received a favorable determination letter from the Internal Revenue Service to the effect that the form
of such Plan is qualified under Section 401(a) of the Internal Revenue Code and the trust related thereto has been determined by the Internal Revenue Service to be exempt from federal income tax under Section 501(a) of the Internal Revenue
Code or an application for such a letter is currently being processed by the Internal Revenue Service. To the knowledge of the Loan Parties, nothing has occurred that would prevent, or cause the loss of, such tax-qualified status. 

(b) There are no pending or, to the knowledge of the Loan Parties, threatened claims, actions or lawsuits, or action by any
Governmental Authority, with respect to any Plan that would reasonably be expected to have a Material Adverse Effect. There has been no prohibited transaction or violation of the fiduciary responsibility rules with respect to any Plan that has
resulted or would reasonably be expected to result in a Material Adverse Effect. 

  
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 (c) Except as would not reasonably be expected to have a Material Adverse Effect,
(i) no ERISA Event has occurred and neither any Borrower nor any ERISA Affiliate knows of any fact, event or circumstance that would reasonably be expected to constitute or result in an ERISA Event with respect to any Pension Plan;
(ii) each Borrower and each ERISA Affiliate has met all applicable requirements under the Pension Funding Rules in respect of each Pension Plan, and no waiver of the minimum funding standards under the Pension Funding Rules has been applied for
or obtained; (iii) as of the most recent valuation date for any Pension Plan, the funding target attainment percentage (as defined in Section 430(d)(2) of the Internal Revenue Code) is sixty percent (60%) or higher and neither any
Borrower nor any ERISA Affiliate knows of any facts or circumstances that would reasonably be expected to cause the funding target attainment percentage for any such plan to drop below sixty percent (60%) as of the most recent valuation date;
(iv) neither any Borrower nor any ERISA Affiliate has incurred any liability to the PBGC other than for the payment of premiums, and there are no premium payments which have become due that are unpaid; (v) neither any Borrower nor any
ERISA Affiliate has engaged in a transaction that could be subject to Section 4069 or Section 4212(c) of ERISA; and (vi) no Pension Plan has been terminated by the plan administrator thereof nor by the PBGC, and no event or
circumstance has occurred or, to the knowledge of the Borrowers, exists that would reasonably be expected to cause the PBGC to institute proceedings under Title IV of ERISA to terminate any Pension Plan. 

6.13 Subsidiaries. 
 Set
forth on Schedule 6.13 is a complete and accurate list as of the Closing Date of each Subsidiary of any Loan Party, together with (a) jurisdiction of formation, (b) number of shares of each class of Equity Interests outstanding,
(c) number and percentage of outstanding shares of each class owned (directly or indirectly) by any Loan Party or any Subsidiary and (d) number and effect, if exercised, of all outstanding options, warrants, rights of conversion or
purchase and all other similar rights with respect thereto. The outstanding Equity Interests of each Subsidiary of any Loan Party are validly issued, fully paid and non-assessable. 

6.14 Margin Regulations; Investment Company Act. 

(a) No Loan Party or Subsidiary is engaged, and each Loan Party and Subsidiary will not engage, principally or as one of its
important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock. Following the application of the
proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value of the assets (either of a Borrower only or of the Parent and its Subsidiaries on a consolidated basis) subject to the provisions of
Section 8.01 or Section 8.05 or subject to any restriction contained in any agreement or instrument between any Borrower and any Lender or any Affiliate of any Lender relating to Indebtedness and within the scope of
Section 9.01(e) will be margin stock. 
 (b) None of any Loan Party, any Person Controlling any Loan Party, or
any Subsidiary (i) is or is required to be registered as an “investment company” under the Investment Company Act of 1940 or (ii) is subject to regulation under the Federal Power Act, the Interstate Commerce Act, any public
utilities code or any other Applicable Law regarding its authority to incur Indebtedness. 
 6.15 Disclosure. 

No report, financial statement, certificate or other information furnished (whether in writing or orally) by or on behalf of any Loan Party to
the Administrative Agent or any Lender in connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder or under any other Loan Document (in each case, as modified or supplemented by other
information so 

  
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furnished), when taken as a whole, contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under
which they were made, not misleading as of the time when made or delivered (or deemed made or delivered); provided that, with respect to projected financial information, the Loan Parties represent only that such information was prepared in
good faith based upon assumptions believed to be reasonable at the time (it being understood that projections are subject to certain contingencies and assumptions beyond the control of the Parent and its Subsidiaries, and no assurance can be given
that such projections will be realized). 
 6.16 Compliance with Laws. 

Except for matters disclosed in the Parent’s SEC filings prior to August 7, 2014 (solely as in effect on such date and without taking
into account any changes to such matters after such date), each Loan Party and each Subsidiary is in compliance with the requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or to its properties, except in such
instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted or (b) the failure to comply therewith would not reasonably be expected to
have a Material Adverse Effect. 
 6.17 Intellectual Property; Licenses, Etc. 

Each Loan Party and its Subsidiaries own, or possess the legal right to use, all of the trademarks, service marks, trade names, copyrights,
patents, patent rights, franchises, licenses and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the operation of their respective businesses. Set forth on Schedule 6.17 is a
list of all IP Rights registered or pending registration with the United States Copyright Office or the United States Patent and Trademark Office and owned by each Loan Party as of the Closing Date. Except for such claims and infringements that
would not reasonably be expected to have a Material Adverse Effect, no claim has been asserted and is pending by any Person challenging or questioning the use of any IP Rights or the validity or effectiveness of any IP Rights, nor does any Loan
Party know of any such claim, and, to the knowledge of the Loan Parties, the use of any IP Rights by any Loan Party or any of its Subsidiaries or the granting of a right or a license in respect of any IP Rights from any Loan Party or any of its
Subsidiaries does not infringe on the rights of any Person. As of the Closing Date, none of the IP Rights owned by any of the Loan Parties or any of its Subsidiaries is subject to any licensing agreement or similar arrangement except as set forth on
Schedule 6.17. 
 6.18 Solvency. 

The Loan Parties are now Solvent on a consolidated basis and, after giving effect to the Loans to be made and the other Obligations to be
incurred hereunder, will be Solvent on a consolidated basis. 
 6.19 Perfection of Security Interests in the Collateral. 

The provisions of the Collateral Documents are effective to create valid security interests in, and Liens on, the Collateral purported to be
covered thereby, and upon (i) the initial extension of credit hereunder, (ii) the filing of appropriately completed Uniform Commercial Code financing statements and continuations thereof in the jurisdictions specified therein,
(iii) the filing of appropriately completed short-form assignments in the U.S. Patent and Trademark Office and the U.S. Copyright Office, as applicable, and (iv) the possession by the Administrative Agent of any certificates evidencing the
securities pledged thereby, duly endorsed or accompanied by duly executed stock powers, such security interests and Liens shall constitute perfected security interests and Liens, prior to all other Liens other than Permitted Liens, to the extent
such security interests and Liens can be perfected by such filings, actions and possession; provided, that, no representation or warranty is made by any Loan Party as to the perfection of the Administrative Agent’s Lien in any Equity
Interests of an issuer that is a Foreign Subsidiary under foreign law. 

  
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 6.20 Business Locations, Etc. 

Set forth on Schedule 6.20(a) is a list of all real property located in the United States that is owned or leased by the Loan Parties as
of the Closing Date. Set forth on Schedule 6.20(b) is the tax payer identification number and organizational identification number of each Loan Party as of the Closing Date. The exact legal name and state of organization of (a) each
Borrower is as set forth on the signature pages hereto and (b) each Guarantor is (i) as set forth on the signature pages hereto, (ii) as set forth on the signature pages to the Joinder Agreement pursuant to which such Guarantor became
a party hereto or (iii) as may be otherwise disclosed by the Loan Parties to the Administrative Agent in accordance with Section 8.13(c). Except as set forth on Schedule 6.20(c), no Loan Party has during the five years
preceding the Closing Date (i) changed its legal name, (ii) changed its state of formation, or (iii) been party to a merger, consolidation or other change in structure. 

6.21 Labor Matters. 

Except as set forth on Schedule 6.21, there are no collective bargaining agreements or Multiemployer Plans covering the employees of any
Loan Party or any Subsidiary as of the Closing Date and neither any Loan Party nor any Subsidiary has suffered any strikes, walkouts, work stoppages or other material labor difficulty within the last five years, nor do there exist as of the Closing
Date, to any Loan Party’s knowledge, any threats of strikes, work stoppages or any asserted pending demands for collective bargaining by any union or organization affecting any Loan Party or any Subsidiary. 

6.22 Government Sanctions. 

Each Borrower represents that neither any Borrower nor any of its Subsidiaries (collectively, the “Company”) or, to the
knowledge of the Company, any director, officer, employee, agent or Affiliate of the Company, is an individual or entity currently the subject to any sanctions administered or enforced by the United States Government, including without limitation,
the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council (“UNSC”), the European Union, Her Majesty’s Treasury (“HMY”), or other
relevant sanctions authority (“Sanctions”). 
 6.23 PATRIOT Act. 

To the extent applicable, each Borrower and each Subsidiary is in compliance, in all material respects, with (a) the Trading with the
Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto and (b) the
PATRIOT Act. 
 6.24 Anti-Corruption Laws. 

To the extent applicable, no part of the proceeds of any Loan will be used by any Loan Party, directly or indirectly, for any payments to any
governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in
violation of the United States Foreign Corrupt Practices Act of 1977, as amended, or any similar laws, rules or regulations issued, administered or enforced by any Governmental Authority having jurisdiction over any Borrower or any other Loan Party.

  
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 ARTICLE VII 

AFFIRMATIVE COVENANTS 
 So long
as any Lender shall have any Commitment hereunder, any Loan or other Obligation (other than Obligations arising solely under Secured Swap Agreements and Secured Treasury Management Agreements and other than contingent obligations that survive the
termination of this Agreement and as to which no claim has been asserted) hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Loan Parties shall and shall cause each Subsidiary to: 

7.01 Financial Statements. 

Deliver to the Administrative Agent: 

(a) as soon as available, and in any event within ninety days after the end of each fiscal year of the Parent, a consolidated
and consolidating (by business unit) balance sheet of the Parent and its consolidated Subsidiaries as at the end of such fiscal year, and the related consolidated and consolidating (by business unit) statements of income or operations, changes in
shareholders’ equity and cash flows for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail and prepared in accordance with GAAP, such consolidated statements to be
audited and accompanied by a report and opinion of PricewaterhouseCoopers LLP or such other independent certified public accountant of nationally recognized standing reasonably acceptable to the Administrative Agent, which report and opinion shall
be prepared in accordance with GAAP and shall not be subject to any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit, and such consolidating statements to be certified by a
Responsible Officer of the Borrower Representative as fairly presenting in all material respects in accordance with GAAP the financial condition, results of operations, shareholders’ equity and cash flows of the Parent and its consolidated
Subsidiaries; and 
 (b) as soon as available, and in any event within forty-five days after the end of each of the first
three fiscal quarters of each fiscal year of the Parent, an unaudited consolidated and consolidating (by business unit) balance sheet of the Parent and its consolidated Subsidiaries as at the end of such fiscal quarter, and the related consolidated
and consolidating (by business unit) statements of income or operations, changes in shareholders’ equity and cash flows for such fiscal quarter and for the portion of the Parent’s fiscal year then ended, setting forth in each case in
comparative form the figures for the corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal year, all in reasonable detail and certified by a Responsible Officer of the Borrower Representative
as fairly presenting in all material respects in accordance with GAAP the financial condition, results of operations, shareholders’ equity and cash flows of the Parent and its consolidated Subsidiaries, subject only to normal year-end audit
adjustments and the absence of footnotes, and such consolidating statements to be certified by a Responsible Officer of the Borrower Representative to the effect that such statements are fairly stated in all material respects when considered in
relation to the consolidated financial statements of the Parent and its consolidated Subsidiaries. 

  
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 7.02 Certificates; Other Information. 

Deliver to the Administrative Agent: 

(a) concurrently with the delivery of the financial statements referred to in Section 7.01(a), a certificate of its
independent certified public accountants certifying such financial statements and stating that in making the examination necessary therefor no knowledge was obtained of any Default under the financial covenants set forth herein or, if any such
Default shall exist, stating the nature and status of such event; 
 (b) concurrently with the delivery of the financial
statements referred to in Sections 7.01(a) and (b), a duly completed Compliance Certificate signed by a Responsible Officer of the Borrower Representative, including a calculation of the Cumulative Credit; 

(c) no later than 60 days after the beginning of each fiscal year of the Parent, beginning with the fiscal year commencing
January 1, 2015, an annual business plan and budget of the Parent and its Subsidiaries containing, among other things, projected financial statements of the Parent and its Subsidiaries for each quarter of such fiscal year; 

(d) except to the extent publicly available, promptly after the same are available, copies of each annual report, proxy or
financial statement or other report or communication sent to the equityholders of the Parent, and copies of all annual, regular, periodic and special reports and registration statements which a Loan Party may file or be required to file with the SEC
under Section 13 or 15(d) of the Securities Exchange Act of 1934, and not otherwise required to be delivered to the Administrative Agent pursuant hereto; 

(e) concurrently with the delivery of the financial statements referred to in Sections 7.01(a) and (b), a certificate of a
Responsible Officer of the Borrower Representative containing information regarding the amount of all Acquisitions, the purchase price for which exceeded the Threshold Amount, that occurred during the period covered by such financial statements; and

 (f) promptly after any request by the Administrative Agent or any Lender, copies of any audit reports, management
representation letters or written recommendations submitted to the board of directors (or the audit committee of the board of directors) of the Parent by independent accountants in connection with the audit or review of the Parent’s financial
statements referred to in Sections 7.01(a) and (b); 
 (g) promptly after the furnishing thereof, copies of any
material statement or report furnished to any holder of debt securities of any Loan Party or any Subsidiary thereof pursuant to the terms of any indenture, loan or credit or similar agreement and not otherwise required to be furnished to the Lenders
pursuant to Section 7.01 or any other clause of this Section 7.02; 
 (h) promptly, and in any event
within five Business Days after receipt thereof by any Loan Party or any Subsidiary thereof, copies of each notice or other correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any
investigation by such agency regarding financial or other operational results of any Loan Party or any Subsidiary thereof; 

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

(j) concurrently with the delivery of the financial statements referred to in Sections 7.01(a) and (b), a
certificate of a Responsible Officer of the Borrower Representative listing (i) all applications by any Loan Party, if any, for registered Copyrights, Patents or Trademarks (each such term as defined in the Security Agreement) made since the
date of the prior certificate (or, in the case of the first such certificate, the Closing Date) and (ii) all issuances of registrations or letters on existing applications by any Loan Party for registered Copyrights, Patents and Trademarks
(each such term as defined in the Security Agreement) received since the date of the prior certificate (or, in the case of the first such certificate, the Closing Date). 

Documents required to be delivered pursuant to Section 7.01(a) or (b) or Section 7.02 may be delivered
electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which a Borrower posts such documents, or provides a link thereto on such Borrower’s website on the Internet at the website address listed on
Schedule 11.02; or (ii) on which such documents are posted on a Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial, third-party website
or whether sponsored by the Administrative Agent); provided, that: (i) the Borrowers shall deliver paper copies of such documents to the Administrative Agent upon its request or any Lender upon its request to the Borrower
Representative to deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender (provided, that delivery shall be deemed effective upon electronic delivery in accordance with
the above provisions of this paragraph) and (ii) the Borrowers shall notify the Administrative Agent (by facsimile or e-mail) of the posting of any such documents. The Administrative Agent shall have no obligation to request the delivery of or
to maintain paper copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrowers with any such request for delivery by a Lender, and each Lender shall be solely responsible for
requesting delivery to it or maintaining its copies of such documents. 
 The Borrowers hereby acknowledge that (a) the Administrative
Agent and/or the Arrangers may, but shall not be obligated to, make available to the Lenders and the L/C Issuer materials and/or information provided by or on behalf of the Borrowers hereunder (collectively, the “Borrower
Materials”) by posting the Borrower Materials on Debt Domain, IntraLinks, Syndtrak or another similar electronic system (the “Platform”) and (b) certain of the Lenders (each, a “Public Lender”) may
have personnel who do not wish to receive material non-public information with respect to the Borrowers or their Affiliates (“Private Information”), or the respective securities of any of the foregoing, and who may be engaged in
investment and other market-related activities with respect to such Person’s securities. Unless otherwise marked as “PUBLIC” prominently on the first page thereof, all Borrower Materials are to be considered Private Information. The
Administrative Agent, the Arrangers and the Lenders each agree and acknowledge that (x) by marking Borrower Materials “PUBLIC,” the Borrowers shall be deemed to have authorized the Administrative Agent, the Arrangers and the Lenders
to treat such Borrower Materials as not containing any material non-public information with respect to the Borrowers or their securities for purposes of United States federal and state securities laws (provided, however, that to the
extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 11.07); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform
designated as “Public Side Information;” and (z) the Administrative Agent and the Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of
the Platform that is not designated as “Public Side Information.” 

  
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 7.03 Notices. 

(a) Promptly upon (and in any event, within five Business Days after) any Responsible Officer of any Loan Party obtaining
knowledge thereof, notify the Administrative Agent of the occurrence of any Default (to the extent such Default remains in existence). 

(b) Promptly upon (and in any event, within five Business Days after) any Responsible Officer of any Loan Party obtaining
knowledge thereof, notify the Administrative Agent of any matter that has resulted or would reasonably be expected to result in a Material Adverse Effect. 

(c) Promptly upon (and in any event, within five Business Days after) any Responsible Officer of any Loan Party obtaining
knowledge thereof, notify the Administrative Agent of the occurrence of any ERISA Event. 
 (d) Promptly (and in any event,
within five Business Days) notify the Administrative Agent of any material change in accounting policies or financial reporting practices by the Parent or any Subsidiary, including any determination by a Borrower referred to in
Section 2.10(b). 
 (e) Upon the reasonable written request of the Administrative Agent following the occurrence
of any event or the discovery of any condition which the Administrative Agent or the Required Lenders reasonably believe has caused (or would be reasonably expected to cause) the representations and warranties set forth in Section 6.09
to be untrue in any material respect, furnish or cause to be furnished to the Administrative Agent, at the Loan Parties’ expense, a report of an environmental assessment of reasonable scope, form and depth, (including, where appropriate,
invasive soil or groundwater sampling) by a consultant acceptable to the Administrative Agent as to the nature and extent of the presence of any Hazardous Materials on any real properties owned by a Loan Party and as to the compliance by any Loan
Party or any of its Subsidiaries with Environmental Laws at such real properties, in each case solely as it relates to such event or condition. If the Loan Parties fail to deliver such an environmental report within seventy-five (75) days after
receipt of such written request then the Administrative Agent may arrange for the same, and the Loan Parties hereby grant to the Administrative Agent and its representatives access to such real properties to undertake such an assessment (including,
where appropriate, invasive soil or groundwater sampling). The cost of any assessment arranged for by the Administrative Agent pursuant to this provision will be payable by the Loan Parties on demand and added to the obligations secured by the
Collateral Documents. 
 Each notice pursuant to this Section 7.03(a) through (e) shall be accompanied by a
statement of a Responsible Officer of the Borrower Representative setting forth details of the occurrence referred to therein and stating what action the applicable Loan Party has taken and proposes to take with respect thereto. Each notice pursuant
to Section 7.03(a) shall describe with particularity any and all provisions of this Agreement and any other Loan Document that have been breached. 

7.04 Payment of Obligations. 

Pay and discharge all its material obligations and liabilities, including (a) all federal and other material tax liabilities, assessments
and governmental charges or levies upon it or its properties or assets, prior to delinquency or the date on which penalties attach thereto, unless the same are being contested in good faith by appropriate proceedings diligently conducted and
adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary; (b) all lawful claims which, if unpaid, would by law become a Lien (other than Permitted Liens) upon its property; and (c) all
Indebtedness with 

  
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an outstanding principal amount in excess of the Threshold Amount, as and when due and payable, but subject to applicable grace and notice periods and to the terms of the Subordination Agreements
and any subordination provisions contained in any instrument or agreement evidencing such Indebtedness. 
 7.05 Preservation of Existence,
Etc. 
 (a) Preserve, renew and maintain in full force and effect its legal existence under the Laws of the jurisdiction
of its organization except in a transaction permitted by Section 8.04 or 8.05. 
 (b) Preserve, renew and
maintain in full force and effect its good standing under the Laws of the jurisdiction of its organization, except to the extent the failure to do so would not reasonably be expected to have a Material Adverse Effect. 

(c) Take all reasonable action to maintain all rights, privileges, permits, licenses and franchises necessary or desirable in
the normal conduct of its business, except to the extent that the failure to do so would not reasonably be expected to have a Material Adverse Effect. 

(d) Preserve or renew all of its material registered patents, copyrights, trademarks, trade names and service marks, the
non-preservation or non-renewal of which would reasonably be expected to have a Material Adverse Effect. 
 7.06 Maintenance of
Properties. 
 (a) Maintain, preserve and protect all of its material properties and equipment necessary in the operation
of its business in good working order and condition, ordinary wear and tear and damage by casualty excepted, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect. 

(b) Make all necessary repairs thereto and renewals and replacements thereof, except where the failure to do so would not
reasonably be expected to have a Material Adverse Effect. 
 7.07 Maintenance of Insurance. 

(a) Maintain with financially sound and reputable insurance companies not Affiliates of any Borrower, insurance with respect to its properties
and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons. 

(b) Without limiting the foregoing, (i) maintain, if available, fully paid flood hazard insurance on all real property that is located in
a special flood hazard area and that constitutes Collateral, on such terms and in such amounts as required by The National Flood Insurance Reform Act of 1994 or as otherwise required by the Administrative Agent, (ii) furnish to the
Administrative Agent evidence of the renewal (and payment of renewal premiums therefor) of all such policies prior to the expiration or lapse thereof, and (iii) furnish to the Administrative Agent prompt written notice of any redesignation of
any such improved real property into or out of a special flood hazard area. 
 (c) Cause the Administrative Agent and its successors and/or
assigns to be named as lender’s loss payee or mortgagee as its interest may appear, and/or additional insured with respect to any such insurance providing liability coverage or coverage in respect of any Collateral, and cause each provider of
any such insurance to agree, by endorsement upon the policy or policies issued by it or by independent 

  
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instruments furnished to the Administrative Agent, that it will give the Administrative Agent thirty days (or if the applicable insurance provider will not provide thirty days’ notice, such
lesser amount as reasonably agreed by the Administrative Agent) prior written notice before any such policy or policies shall be altered or canceled. 

7.08 Compliance with Laws. 

Comply with the requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or to its business or property, except
in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted; or (b) the failure to comply therewith would not reasonably be
expected to have a Material Adverse Effect. 
 7.09 Books and Records. 

(a) Maintain proper books of record and account, in which full, true and correct entries in all material respects in conformity
with GAAP consistently applied (except for changes in the application of which the Parent’s accountants concur) shall be made of all financial transactions and matters involving the assets and business of such Loan Party or such Subsidiary, as
the case may be. 
 (b) Maintain such books of record and account in material conformity with all applicable requirements of
any Governmental Authority having regulatory jurisdiction over such Loan Party or such Subsidiary, as the case may be. 
 7.10 Inspection
Rights. 
 Permit representatives and independent contractors of the Administrative Agent to visit and inspect any of its properties, to
examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, all at the expense of the
Borrowers and at such reasonable times during normal business hours and as often as may be desired, upon reasonable advance notice to the Borrower Representative; provided, however, that (a) so long as no Default exists, the
Borrowers shall only be required to pay for the expense of one such visit during any fiscal year of the Parent and (b) when a Default exists the Administrative Agent (or any of its representatives or independent contractors) may do any of the
foregoing at the expense of the Borrowers at any time during normal business hours and without advance notice. Lenders may participate in any such visit or inspection, at their own expense (unless a Default exists, in which event Borrowers shall
promptly reimburse all such expenses). Neither the Administrative Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower, and shall not incur
any liability by reason of its failure to conduct or delay in conducting such inspections. Borrowers acknowledge that all inspections, appraisals and reports are prepared by the Administrative Agent and Lenders for their purposes, and Borrowers
shall not be entitled to rely upon them. 
 7.11 Use of Proceeds. 

Use the proceeds of the Credit Extensions only (a) to repurchase and repay the Convertible Debentures, to refinance certain other existing
Indebtedness, and in each case to pay costs and expenses relating thereto, (b) to finance working capital and capital expenditures and (c) for other general corporate purposes (including Permitted Acquisitions and other Investments
permitted hereunder), provided that in no event shall the proceeds of the Credit Extensions be used in contravention of any Law or of any Loan Document. 

  
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 7.12 Additional Subsidiaries. 

(a) Within thirty (30) days after the acquisition or formation of any Domestic Subsidiary or any Subsidiary directly owned
by a Domestic Subsidiary, notify the Administrative Agent thereof in writing, together with the (i) jurisdiction of formation, (ii) number of shares of each class of Equity Interests outstanding, (iii) number and percentage of
outstanding shares of each class owned (directly or indirectly) by the Parent or any Subsidiary and (iv) number and effect, if exercised, of all outstanding options, warrants, rights of conversion or purchase and all other similar rights with
respect thereto; and 
 (b) Within thirty (30) days (or such later date as the Administrative Agent may agree in its
sole discretion) after the acquisition or formation of any Subsidiary, if such Person is a Domestic Subsidiary, cause such Person to (x) become a Guarantor by executing and delivering to the Administrative Agent a Joinder Agreement or such
other documents as the Administrative Agent shall deem appropriate for such purpose, and (y) deliver to the Administrative Agent documents of the types referred to in Sections 5.01(f) and (g) and, if requested by the
Administrative Agent, favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to in clause (x)), all in form, content and
scope satisfactory to the Administrative Agent. 
 (c) Upon the guarantee by any Subsidiary of any Indebtedness incurred
pursuant to Section 8.03(g), concurrently with the provision of such guarantee, to the extent such Subsidiary is not a Guarantor hereunder, cause such Subsidiary to (x) become a Guarantor by executing and delivering to the
Administrative Agent a Joinder Agreement or such other documents as the Administrative Agent shall deem appropriate for such purpose, and (y) deliver to the Administrative Agent documents of the types referred to in Sections 5.01(f) and
(g) and, if requested by the Administrative Agent, favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to in clause
(x)), all in form, content and scope satisfactory to the Administrative Agent. 
 7.13 ERISA Compliance. 

Do, and cause each of its ERISA Affiliates to do, each of the following: (a) maintain each Plan in compliance in all material respects
with the applicable provisions of ERISA, the Internal Revenue Code and other federal or state law; (b) cause each Plan that is qualified under Section 401(a) of the Internal Revenue Code to maintain such qualification; and (c) make
all required contributions to any Plan subject to Section 412, Section 430 or Section 431 of the Internal Revenue Code. 

7.14 Pledged Assets. 

(a) Equity Interests. Cause (a) 100% of the issued and outstanding Equity Interests of each Domestic Subsidiary
(other than the Equity Interests of any member of the GST Group until pledged as Collateral) and (b) 65% of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) and 100% of
the issued and outstanding Equity Interests not entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) in each Foreign Subsidiary directly owned by a Loan Party to be subject at all times to a first priority, perfected Lien
in favor of the Administrative Agent, for the benefit of the holders of the 

  
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Obligations, pursuant to the terms and conditions of the Collateral Documents, together with, if requested by the Administrative Agent, opinions of counsel and any filings and deliveries
necessary in connection therewith to perfect the security interests therein, all in form and substance reasonably satisfactory to the Administrative Agent (it being understood that this Section 7.14(a) shall (x) with respect to any
certificated Equity Interests of any Foreign Subsidiary owned by a Domestic Subsidiary, only require delivery of such certificated Equity Interests in accordance with Section 7.17 or within thirty (30) days after the formation or
acquisition, directly or indirectly, of such Foreign Subsidiary and (y) only require perfection of the Administrative Agent’s security interest under the Law of the jurisdiction of organization of a Foreign Subsidiary (i) within
ninety (90) days (or such longer period as the Administrative Agent permits in its sole discretion) of the request of the Administrative Agent (which request shall be deemed made on the Closing Date with respect to Foreign Subsidiaries subject
to the following clause (ii) on the Closing Date) and (ii) if the Equity Interests of such Foreign Subsidiary are uncertificated and such Foreign Subsidiary is a Subsidiary of the Parent with assets that have an aggregate net book value of
more than $15,000,000). 
 (b) Other Property. Cause all property (other than Excluded Property) of each Loan Party to
be subject at all times to first priority, perfected and, in the case of owned real property, title insured Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such
property acquired subsequent to the Closing Date, such other additional security documents as the Administrative Agent shall request (subject to Permitted Liens) and, in connection with the foregoing, deliver to the Administrative Agent such other
documentation as the Administrative Agent may request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents and favorable opinions of counsel to such Person, all in
form, content and scope reasonably satisfactory to the Administrative Agent. 
 7.15 Further Assurances 

Promptly upon request by the Administrative Agent, or any Lender through the Administrative Agent, (a) correct any material defect or
error that may be discovered in any Loan Document or in the execution, acknowledgment, filing or recordation thereof, and (b) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any and all such further
acts, deeds, certificates, assurances and other instruments as the Administrative Agent, or any Lender through the Administrative Agent, may reasonably require from time to time in order to (i) carry out more effectively the purposes of the
Loan Documents, (ii) to the fullest extent permitted by applicable Law, subject each Borrower’s and its Subsidiaries’ properties, assets, rights or interests to the Liens now or hereafter intended to be covered by any of the
Collateral Documents, (iii) perfect and maintain the validity, effectiveness and priority of any of the Collateral Documents and any of the Liens intended to be created thereunder and (iv) assure, convey, grant, assign, transfer, preserve,
protect and confirm more effectively unto the Administrative Agent, the Lenders, the L/C Issuer, the Treasury Management Banks and the Swap Banks the rights granted or now or hereafter intended to be granted to them under any Loan Document or under
any other instrument executed in connection with any Loan Document to which any Borrower or any of its Subsidiaries is or is to be a party, and cause each of its Subsidiaries to do so. 

7.16 Subordinated Indebtedness 

Maintain each Subordination Agreement in full force and effect and cause (a) all Indebtedness owing to GST LLC evidenced by the Coltec
Subordinated Note, (b) all Indebtedness owing to GST LLC evidenced by the Stemco Subordinated Note, (c) all Indebtedness owing to GST LLC under the Coltec/Stemco Subordinated Guaranty and (d) all other Subordinated Indebtedness to be,
in each case, at all times subordinated to the full and final payment of the Obligations pursuant to the terms of the Subordination Agreements. 

  
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 7.17 Post-Closing Matters. 

Deliver to the Administrative Agent within thirty (30) days of the Closing Date (or such longer period as the Administrative Agent permits
in its sole discretion) all certificates evidencing the certificated Equity Interests of Foreign Subsidiaries pledged to the Administrative Agent pursuant to the Security Agreement, together with duly executed in blank and undated stock powers
attached thereto. 
 ARTICLE VIII 

NEGATIVE COVENANTS 
 So long as
any Lender shall have any Commitment hereunder, any Loan or other Obligation (other than Obligations arising solely under Secured Swap Agreements and Secured Treasury Management Agreements and other than contingent obligations that survive the
termination of this Agreement and as to which no claim has been asserted) hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, no Loan Party shall, nor shall it permit any Subsidiary to, directly or
indirectly: 
 8.01 Liens. 

Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, other
than the following: 
 (a) Liens pursuant to any Loan Document (including, for the avoidance of doubt, liens securing any
Secured Swap Agreement and any Secured Treasury Management Agreement); 
 (b) Liens existing on the date hereof and listed on
Schedule 8.01 and any renewals, refinancings, modifications or extensions thereof, provided that (i) the property covered thereby is not changed in any material respect, (ii) the amount secured or benefited thereby is not
increased except as permitted by Section 8.03(b), (iii) the direct or any contingent obligor with respect thereto is not changed, and (iv) any renewal, refinancing, modification or extension of the obligations secured or
benefited thereby is permitted by Section 8.03(b); 
 (c) Liens (other than Liens imposed under ERISA) for taxes,
assessments or governmental charges or levies not yet due or which remain payable without penalty or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are
maintained on the books of the applicable Person in accordance with GAAP; 
 (d) statutory Liens of landlords and Liens of
carriers, warehousemen, mechanics, materialmen, repairmen and suppliers and other Liens imposed by law or pursuant to customary reservations or retentions of title arising in the ordinary course of business, provided that such Liens
(i) secure only amounts not overdue by more than 60 days and no other action has been taken to enforce the same or (ii) are being contested in good faith by appropriate proceedings for which adequate reserves determined in accordance with
GAAP have been established; 

  
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 (e) pledges or deposits in the ordinary course of business in connection with
workers’ compensation, unemployment insurance and other social security legislation, other than any Lien imposed by ERISA; 

(f) deposits to secure the performance of tenders, bids, trade contracts and leases (other than Indebtedness), statutory
obligations, surety and appeal bonds, indemnity and performance bonds, letters of credit, bankers’ acceptances and other obligations of a like nature incurred in the ordinary course of business; 

(g) (i) easements, rights-of-way, covenants, restrictions, encroachments, reservations, survey exceptions, exceptions in title
insurance policies and other similar encumbrances affecting real property which, (A) do not in any case secure any monetary obligation or materially detract from the value of the property subject thereto for purposes of the business or
materially interfere with the ordinary conduct of the business of the applicable Person or (B) are being contested in good faith by appropriate proceedings and (ii) any other Lien or exception to coverage described in mortgagee policies of
title insurance issued in favor of and accepted by the Administrative Agent; 
 (h) Liens securing judgments for the payment
of money (or appeal or other surety bonds relating to such judgments) not constituting an Event of Default under Section 9.01(h); 

(i) Liens securing Indebtedness permitted under Section 8.03(e); provided that (i) such Liens do not at
any time encumber any property other than the property financed by such Indebtedness (including accessions thereto and proceeds thereof), (ii) the Indebtedness secured thereby does not exceed the cost (negotiated on an arm’s length basis)
of the property being acquired on the date of acquisition plus the cost of constructing any improvements related to assets being financed solely by the same financing source and (iii) such Liens attach to such property concurrently with or
within ninety days after the acquisition thereof (or completion of construction thereof or improvement thereon); 
 (j)
Leases, licenses, subleases or sublicenses granted to others not interfering in any material respect with the business of any Loan Party or any of its Subsidiaries; 

(k) any interest of title of a lessor under, and Liens arising from UCC financing statements (or equivalent filings,
registrations or agreements in foreign jurisdictions) relating to, leases or other obligations not constituting Indebtedness and permitted by this Agreement; 

(l) normal and customary rights of setoff, revocation, refund or chargeback upon deposits of (i) cash in favor of banks or
other depository institutions and (ii) Cash Equivalents or Approved Short-Term Investments for normal and customary fees associated with any account in which the same is maintained; 

(m) Liens of a collection bank arising under Section 4-210 of the Uniform Commercial Code on items in the course of
collection; 
 (n) Liens of sellers of goods to any Borrower and any of its Subsidiaries arising under Article 2 of the
Uniform Commercial Code or similar provisions of applicable law in the ordinary course of business, covering only the goods sold and securing only the unpaid purchase price for such goods and related expenses; 

  
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 (o) Liens in favor of (i) GST LLC in the Membership Interests pursuant to
the CIP/GGB Pledge Agreement, provided that such Liens shall at all times be subordinate to the Administrative Agent’s Liens therein in accordance with the terms of the Coltec Subordination Agreement, and (ii) GST LLC (as successor
by merger to Stemco LP (DE)) in the general partnership interests in Stemco LP (TX) and in the stock of Stemco Holdings pursuant to the Stemco Pledge Agreement, provided that such Liens shall at all times be subordinate to the Administrative
Agent’s Liens therein in accordance with the terms of the Stemco Subordination Agreement; 
 (p) Liens, if any, in favor
of the Administrative Agent on Cash Collateral delivered pursuant to Section 2.14(a); 
 (q) Liens encumbering
only assets of Foreign Subsidiaries securing Indebtedness of Foreign Subsidiaries permitted hereunder in an aggregate amount outstanding not exceeding $50,000,000 at any time; 

(r) Liens (i) in favor of credit card companies pursuant to agreements therewith and (ii) in favor of customs and
revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation and exportation of goods in the ordinary course of business; 

(s) Liens on assets or property of a Person at the time such Person becomes a Subsidiary; provided, that such Liens are
not created or incurred in connection with, or in contemplation of, such other Person becoming such a Subsidiary; provided, further, that such Liens may not extend to any other property owned by any Borrower or any other Subsidiary
(other than pursuant to after acquired property clauses in effect at the time such Person becomes a Subsidiary that attach to other property acquired by such Person at the time such property is acquired); 

(t) Liens on assets or property at the time any Borrower or a Subsidiary acquired the assets or property, including any
acquisition by means of a merger, amalgamation or consolidation with or into a Borrower or a Subsidiary; provided, that such Liens are not created or incurred in connection with, or in contemplation of, such acquisition; provided,
further, that the Liens may not extend to any other property owned by any Borrower or any Subsidiary (other than any additions or accessions to the assets or property so acquired); 

(u) Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale or purchase of
goods entered into in the ordinary course of business; 
 (v) Liens incurred to secure cash management services or to
implement cash pooling arrangements in the ordinary course of business; 
 (w) any encumbrance or restriction (including put
and call arrangements) with respect to Equity Interests of any joint venture or similar arrangement securing obligations of such joint venture or pursuant to any joint venture or similar agreement; 

(x) any amounts held by a trustee in the funds and accounts under an indenture securing any revenue bonds issued for the
benefit of a Borrower or any Subsidiary, under any indenture issued in escrow pursuant to customary escrow arrangements pending the release thereof, or under any indenture pursuant to customary discharge, redemption or defeasance provisions; 

  
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 (y) in the case of real property that constitutes a leasehold interest, any Lien
to which the fee simple interest (or any superior leasehold interest) is subject; 
 (z) Liens on securities that are the
subject of repurchase agreements constituting Cash Equivalents under clause (d) of the definition thereof; 
 (aa) Liens
securing insurance premium financing arrangements; provided, that such Liens are limited to securing the applicable unearned insurance premiums; and 

(bb) other Liens securing Indebtedness and other obligations permitted hereunder in an aggregate amount outstanding not
exceeding $25,000,000 at any time. 
 8.02 Investments. 

Make any Investments, except: 

(a) Investments held by a Borrower or such Subsidiary in the form of cash, Cash Equivalents, Approved Short-Term Investments
and the GIC; 
 (b) Investments and binding commitments to make Investments existing as of the Closing Date and set forth in
Schedule 8.02 (including Investments in the GST Group), and Investments consisting of any extension, modification or renewal of any Investment existing on the Closing Date and set forth on Schedule 8.02; 

(c) Investments in any Person that is a Loan Party prior to giving effect to such Investment; 

(d) Investments existing as of the Closing Date in any Subsidiary that is not a Loan Party and Investments on or after the
Closing Date by any Subsidiary that is not a Loan Party in any other Subsidiary that is not a Loan Party; 
 (e) Investments
consisting of extensions of credit in the nature of accounts receivable or notes receivable arising from the grant of trade credit in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from
financially troubled account debtors to the extent reasonably necessary in order to prevent or limit loss; 
 (f) Investments
received in compromise or resolution of litigation, arbitration or other disputes; 
 (g) Guarantees permitted by
Section 8.03; 
 (h) Permitted Acquisitions; 

(i) loans and advances to officers, directors, employees or consultants (i) in the ordinary course of business in an
aggregate outstanding amount not to exceed $30,000,000 in the aggregate at any one time outstanding, (ii) in respect of payroll payments and expenses in the ordinary course of business and (iii) in connection with such person’s
purchase of common Equity Interests of the Parent solely to the extent that the amount of such loans and advances shall be contributed to the Parent in cash as common equity; 

  
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 (j) advances to suppliers in the ordinary course of business, not to exceed
$2,500,000 in the aggregate at any one time outstanding; 
 (k) Investments in securities or other assets not constituting
Cash Equivalents and received as consideration for assets sold, leased or otherwise transferred in accordance with Section 8.05 or such other sales and transfers not constituting Dispositions and not prohibited by the terms hereof; 

(l) Investments made by any Foreign Subsidiary in the ordinary course of business in connection with the financing of
international trading transactions, in export notes, trade credit assignments, bankers’ acceptances, guarantees and instruments of a similar nature; 

(m) any Swap Contract permitted under Section 8.03(d); 

(n) any Investment acquired by any Borrower or any Subsidiary (i) in exchange for any other Investment or accounts
receivable held by such Borrower or such Subsidiary in connection with or as a result of a bankruptcy, workout, reorganization or recapitalization of the issuer of such other Investment or accounts receivable, or (ii) as a result of a
foreclosure by any Borrower or any Subsidiary with respect to any secured Investment or other transfer of title with respect to any secured Investment in default; 

(o) Investments the payment for which consists of Equity Interests of the Parent (other than Disqualified Stock); 

(p) Investments in any Person to the extent such Investments consist of (i) prepaid expenses, (ii) negotiable
instruments held for collection and (iii) deposits made in the ordinary course of business with respect to leases, utilities, workers’ compensation, indemnity and performance bonds, surety and appeals bonds and similar obligations; 

(q) Investments made after the date hereof in an amount not to exceed $125,000,000 in the aggregate at any one time
outstanding, in (i) the GST Group at any time prior to the Re-Consolidation Date, (ii) joint ventures and (iii) Foreign Subsidiaries (which, for the avoidance of doubt, shall be deemed to include, without duplication, any Investment
made by a Foreign Subsidiary using the proceeds of an Investment in such Foreign Subsidiary substantially concurrently with (or within 180 days of) receipt of such proceeds, without the need to separately account for such Investment by a Foreign
Subsidiary as an Investment made in reliance on any other subsection of this Section 8.02); provided, that Investments made after the date hereof in joint ventures and Foreign Subsidiaries shall not exceed $75,000,000 in the
aggregate at any one time outstanding; 
 (r) Investments made using the Cumulative Credit then available; and 

(s) other Investments in an amount not to exceed $125,000,000 in the aggregate at any one time outstanding. 

8.03 Indebtedness. 

Create, incur, assume or suffer to exist any Indebtedness, except: 

(a) Indebtedness under the Loan Documents; 

  
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 (b) Indebtedness of the Parent and its Subsidiaries set forth in Schedule
8.03 and any refinancings, renewals and extensions thereof; provided that (i) the amount of such Indebtedness is not increased at the time of such refinancing, renewal or extension except by an amount equal to a reasonable premium or
other reasonable amount paid, and fees and expenses reasonably incurred, in connection with such refinancing or extension and by an amount equal to any existing commitments unutilized thereunder, and (ii) the terms relating to principal amount,
amortization, maturity, collateral (if any) and subordination (if any), and other material terms taken as a whole, of any such refinancing, renewal or extension are no less favorable in any material respect to the Loan Parties and their Subsidiaries
or the Lenders than the terms of the Indebtedness being refinanced, renewed or extended (it being acknowledged that the interest rate thereon may be increased to a market rate); 

(c) intercompany Indebtedness permitted under Section 8.02; provided that in the case of Indebtedness owing
by a Loan Party to a Subsidiary that is not a Loan Party, (i) such Indebtedness shall be subordinated to the Obligations in a manner and to an extent reasonably acceptable to the Administrative Agent and (ii) such Indebtedness shall not be
prepaid unless no Default exists immediately prior to or after giving effect to such prepayment; 
 (d) obligations
(contingent or otherwise) of any Borrower or any Subsidiary existing or arising under any Swap Contract, provided that (i) such obligations are (or were) entered into by such Person in the ordinary course of business for the purpose of directly
mitigating risks associated with liabilities, commitments, investments, assets, or property held or reasonably anticipated by such Person, or changes in the value of securities issued by such Person, and not for purposes of speculation or taking a
“market view;” and (ii) such Swap Contract does not contain any provision exonerating the non-defaulting party from its obligation to make payments on outstanding transactions to the defaulting party; 

(e) purchase money Indebtedness (including obligations in respect of Capital Leases or Synthetic Leases) hereafter incurred by
any Borrower or any of its Subsidiaries to finance the purchase of fixed assets, and renewals, refinancings and extensions thereof, provided that (i) the total of all such Indebtedness for all such Persons taken together shall not exceed an
aggregate principal amount of $100,000,000 at any one time outstanding; (ii) such Indebtedness when incurred shall not exceed the purchase price of the asset(s) financed; and (iii) no such Indebtedness shall be refinanced for a principal
amount in excess of the principal balance outstanding thereon at the time of such refinancing; 
 (f) Indebtedness under the
Convertible Debentures in a maximum principal amount of $172,500,000 in the aggregate at any one time outstanding; 
 (g) any
Indebtedness; provided that (i) both before and after giving effect to the incurrence of such Indebtedness and the application of the proceeds thereof, the Consolidated Net Leverage Ratio is not more than 3.75 to 1.00 and the Parent is
otherwise in compliance with the financial covenants in Section 8.11, in each case on a Pro Forma Basis, with such financial covenants recomputed for the four-quarter period for which financial statements been most recently delivered to
the Administrative Agent pursuant to Section 7.01, (ii) no Default shall exist at the time of, or would result from, the incurrence of such Indebtedness, (iii) the maturity date of such Indebtedness shall be at least 181 days
after the latest maturity of any Loans hereunder, (iv) such Indebtedness is not subject to any amortization payments or any mandatory prepayments or sinking fund payments (other than in connection with a change of control, asset sale or event
of loss and customary acceleration rights after an event of default) in each case prior to the date at least 181 days after the latest maturity of any Loans hereunder and (v) unless approved by the

  
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Administrative Agent, such Indebtedness is on terms and conditions that are not materially more restrictive than the terms and conditions of this Agreement and the other Loan Documents;
provided, further that any such Indebtedness may be refinanced, renewed or extended so long as (x) the amount of such Indebtedness is not increased at the time of such refinancing, renewal or extension except by an amount equal to
a reasonable premium or other reasonable amount paid, and fees and expenses reasonably incurred, in connection with such refinancing or extension and by an amount equal to any existing commitments unutilized thereunder and (y) such Indebtedness
continues to satisfy the requirements of clauses (iii), (iv) and (v) in this subsection (g) and the terms relating to principal amount, amortization, maturity, collateral (if any) and subordination (if any), and other material terms
taken as a whole, of any such refinancing, renewal or extension are no less favorable in any material respect to the Loan Parties and their Subsidiaries or the Lenders than the terms of the Indebtedness being refinanced, renewed or extended (it
being acknowledged that the interest rate thereon may be increased to a market rate); 
 (h) Subordinated Indebtedness that
is subject at all times to subordination pursuant to the provisions of a Subordination Agreement; 
 (i) Earn-Out Obligations
incurred in connection with Permitted Acquisitions and other Acquisitions permitted pursuant to Section 8.02; 

(j) Indebtedness from any Loan Party to any other Loan Party in connection with the ordinary course operation of the Loan
Parties’ cash management system; 
 (k) Indebtedness of CFCL owed to foreign entities within the GST Group, so long as
the net proceeds of such Indebtedness are held by CFCL in a segregated account and used solely for investments in Cash Equivalents or Approved Short Term Investments; 

(l) Indebtedness of any Borrower or any Subsidiary existing or arising under any Secured Treasury Management Agreements or
other Treasury Management Agreement entered into in the ordinary course of business; 
 (m) any Guarantee provided by STEMCO
Kaiser Incorporated, a Michigan corporation, in connection with the Stemco Kaiser Ad Valorem Tax Relief Transaction; 
 (n)
Indebtedness of Foreign Subsidiaries in a maximum principal amount of $50,000,000; 
 (o) reimbursement obligations in
respect of surety and appeal bonds, indemnity and performance bonds, letters of credit, bankers’ acceptances and other obligations of a like nature incurred in the ordinary course of business; 

(p) other Indebtedness in an amount not to exceed $25,000,000 in the aggregate at any one time outstanding; and 

(q) Guarantees with respect to Indebtedness of any Loan Party permitted under this Section 8.03; provided
that if the Indebtedness being Guaranteed is subordinated to the Obligations, such Guarantee shall be subordinated to the Guaranty and the Obligations on terms at least as favorable to the Lenders as those contained in the subordination of such
Indebtedness. 

  
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 8.04 Fundamental Changes. 

Merge, dissolve, liquidate, consolidate with or into another Person, or Dispose of (whether in one transaction or in a series of transactions)
all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person; provided that, notwithstanding the foregoing provisions of this Section 8.04 but subject to the terms of Sections
7.12 and 7.14, (a) a Borrower may merge or consolidate with another Borrower (or liquidate and contribute all its assets to another Borrower), (b) a Borrower may merge or consolidate with any of its Subsidiaries, and a
Subsidiary may liquidate and contribute all its assets to a Borrower, provided that in each case such Borrower shall be the continuing or surviving corporation, (c) any Loan Party other than a Borrower may merge or consolidate with (or
liquidate and contribute its assets to) any other Loan Party other than a Borrower, (c) any Foreign Subsidiary may be merged or consolidated with or into any Loan Party provided that such Loan Party shall be the continuing or surviving
corporation, (d) any Foreign Subsidiary may be merged or consolidated with or into any other Foreign Subsidiary, (e) any Borrower or Subsidiary may merge or consolidate with any other Person so long as such Borrower or Subsidiary is the
surviving entity and the merger or consolidation constitutes a Permitted Acquisition, (f) any Subsidiary that is not a Material Subsidiary may dissolve or liquidate if the Borrower Representative determines in good faith that such dissolution
or liquidation is in the best interests of the Loan Parties and is not materially disadvantageous to the Lenders, so long as no Default or Event of Default has occurred and is continuing or would result therefrom, (g) to the extent not
otherwise permitted under the foregoing clauses, any Wholly Owned Subsidiary that has sold, transferred or otherwise disposed of all or substantially all of its assets in connection with a Disposition permitted under this Agreement and no longer
conducts any active trade or business may be liquidated, wound up and dissolved, so long as no Default or Event of Default has occurred and is continuing or would result therefrom and (h) Dispositions permitted by Section 8.05. 

8.05 Dispositions. 
 Make
any Disposition unless (a) at least 80% of the consideration paid in connection therewith shall be cash or Cash Equivalents paid contemporaneous with consummation of the transaction and shall be in an amount not less than the fair market value
of the property disposed of, (b) such transaction does not involve the sale or other disposition of a minority equity interest in any Subsidiary, (c) no Default or Event of Default has occurred and is continuing both immediately prior to
and after giving effect to such Disposition, (d) such transaction does not involve a sale or other disposition of receivables other than receivables owned by or attributable to other property concurrently being disposed of in a transaction
otherwise permitted under this Section 8.05, and (e) the aggregate net book value of all of the assets sold or otherwise disposed of by the Parent and its Subsidiaries in all such transactions occurring during any fiscal year shall
not exceed 10% of Consolidated Total Assets as set forth in the most recent financial statements delivered pursuant to Section 7.01(a). 

8.06 Restricted Payments. 

Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that: 

(a) each Subsidiary may make Restricted Payments to Persons that own Equity Interests in such Subsidiary, ratably according to
their respective holdings of the type of Equity Interest in respect of which such Restricted Payment is being made; 
 (b)
the Parent and each Subsidiary may declare and make dividend payments or other distributions payable solely in the Equity Interests of such Person; 

  
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 (c) the Parent may repurchase, retire or otherwise acquire for value its Equity
Interests held by any future, present or former employee, director, officer or consultant of the Parent or any Subsidiary pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or other agreement
or arrangement, in an amount not to exceed $20,000,000 in any fiscal year of the Parent, provided that, the amount of Restricted Payments permitted under this clause (d) may be increased for any fiscal year by (i) 100% of the amount
of unused Restricted Payments permitted under this clause (d) for the immediately preceding fiscal year (provided that (x) Restricted Payments incurred under this clause (d) in any fiscal year shall be applied to the permitted
amount set forth above for such fiscal year until such permitted amount is exhausted, prior to being applied to any unused amounts for the immediately preceding fiscal year and (y) unused Restricted Payments permitted under this clause
(d) for any fiscal year may only be used in the immediately succeeding fiscal year and not in any subsequent fiscal year), (ii) the cash proceeds of key man life insurance policies received by the Parent or any Subsidiary after the Closing
Date and (iii) the cash and Cash Equivalent proceeds (net of direct costs incurred in connection therewith, including legal, accounting and investment banking fees, sales commissions and underwriting discounts, and taxes paid or
estimated to be payable as a result thereof) received by the Parent or any Subsidiary from any sale of Equity Interests (other than Disqualified Stock) of the Parent to employees, directors, officers or consultants of the Parent or any Subsidiary
that occurs after the Closing Date (but only to the extent such proceeds do not increase the Cumulative Credit); 
 (d) so
long as no Default exists or would result therefrom, the Parent may (i) pay dividends in respect of its common Equity Interests in an aggregate amount not to exceed $30,000,000 in any fiscal year, (ii) repurchase its common Equity
Interests with proceeds of Indebtedness incurred pursuant to Section 8.03(g), in an aggregate amount not to exceed $80,000,000 during the term of this Agreement and (iii) make other Restricted Payments in an aggregate amount not to
exceed $75,000,000 during the term of this Agreement; 
 (e) the Parent may make Restricted Payments using the Cumulative
Credit then available; 
 (f) the Parent may make Restricted Payments for the repayment and/or repurchase (whether at
maturity, by tender offer or by privately negotiated purchases) of the Convertible Debentures; and 
 (g) the Parent may make
Restricted Payments in connection with the exercise of the Issuer Purchased Call Option Transaction, dated as of October 21, 2005, as evidenced by a confirmation bearing Transaction Reference Number 19957, as amended, entered into by the Parent
and Bank of America in connection with the issuance of the Convertible Debentures. 
 8.07 Change in Nature of Business. 

Engage in any material line of business substantially different from those lines of business conducted by the Parent and its Subsidiaries on
the Closing Date (or any reasonable expansion or extension thereof) or any business substantially related, similar (including any business that manufactures products and provides related services for sale to industrial customers) or incidental
thereto. 

  
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 8.08 Transactions with Affiliates and Insiders. 

Enter into or permit to exist any transaction or series of transactions with any officer, director or Affiliate of such Person other than
(a) advances of working capital to any Loan Party, (b) transfers of cash and assets to any Loan Party, (c) intercompany transactions expressly permitted (including transactions with the GST Group) by this Agreement; provided,
that such transactions shall remain subject to any other applicable limitations, restrictions and requirements set forth in this Agreement, (d) reasonable compensation and reimbursement of expenses of officers and directors for services
actually rendered in the ordinary course of business and payment of reasonable directors’ fees and indemnities, (e) transactions contemplated by the Intercompany Services Agreements and transactions between the Parent and its Subsidiaries
and the GST Group contemplated by orders approved by the Bankruptcy Court and (f) except as otherwise specifically limited in this Agreement, other transactions which are entered into in the ordinary course of such Person’s business on
terms and conditions substantially as favorable to such Person as would be obtainable by it in a comparable arms-length transaction with a Person other than an officer, director or Affiliate. 

8.09 Burdensome Agreements. Enter into, or permit to exist, any Contractual Obligation that encumbers or restricts the ability of any
such Person to (a) make Restricted Payments to any Loan Party, (b) pay any Indebtedness or other obligations owed to any Loan Party, (c) make loans or advances to any Loan Party, (d) transfer any of its property to any Loan
Party, (e) pledge its property pursuant to the Loan Documents or any renewals, refinancings, exchanges, refundings or extensions thereof or (f) act as a Loan Party pursuant to the Loan Documents or any renewals, refinancings, exchanges,
refundings or extensions thereof, except (in respect of any of the matters referred to in clauses (a)-(d) above) for (i) this Agreement and the other Loan Documents, (ii) any document or instrument
governing Indebtedness incurred pursuant to Section 8.03(e), provided that any such restriction contained therein relates only to the asset or assets constructed or acquired in connection therewith, (iii) any Permitted Lien
or any document or instrument governing any Permitted Lien, provided that any such restriction contained therein relates only to the asset or assets subject to such Permitted Lien, (iv) customary restrictions and conditions contained in
any agreement relating to the sale of any property permitted under Section 8.05 pending the consummation of such sale, (v) any agreement governing Indebtedness incurred pursuant to Section 8.03(g), (vi) to the
extent solely relating to Foreign Subsidiaries, any document governing Indebtedness permitted by Section 8.03(n), (vii) customary provisions in leases, licenses and other contracts restricting the assignment thereof or, with respect
to leases or licenses of real or personal property, the assignment of the property subject thereto, (viii) agreements acquired in any Permitted Acquisitions so long as such agreements were not entered into in anticipation of such Permitted
Acquisition, the restriction is not applicable to any Person other than the Person or the assets of the Person so acquired, and such agreements do not prohibit any of the transactions or Liens contemplated by the Loan Documents and
(ix) customary provisions in joint venture agreements and other similar agreements applicable to joint ventures constituting Investments permitted by Section 8.02 and applicable solely to such joint venture or the Equity Interests
therein. 
 8.10 Use of Proceeds. 

Use the proceeds of any Credit Extension, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or
carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose. 

8.11 Financial Covenants. 

(a) Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of
the Parent to be greater than 4.0 to 1.0. 
 (b) Consolidated Interest Coverage Ratio. Permit the Consolidated
Interest Coverage Ratio as of the end of any fiscal quarter of the Parent to be less than 2.5 to 1.0. 

  
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 8.12 Prepayment of Other Indebtedness, Etc. 

(a) Make any payment of principal or interest, or other amount on any Subordinated Indebtedness in violation of the
Subordination Agreement relating to such Subordinated Indebtedness or any other subordination provisions applicable thereto. 

(b) Make (or give any notice with respect thereto) any voluntary or optional payment or prepayment or redemption or acquisition
for value of (including without limitation, by way of depositing money or securities with the trustee with respect thereto before due for the purpose of paying when due), refund, repurchase, refinance or exchange of any Indebtedness incurred or
maintained in reliance on Section 8.03(g). 
 (c) Amend, modify or change the terms of any Subordinated
Indebtedness if such amendment or modification would add or change any terms in a manner materially adverse to the Parent or any Subsidiary (including any amendment or modification that would shorten the final maturity or average life to maturity or
require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto). 
 (d)
Make any payment or contribution in excess of $50,000,000 in connection with the bankruptcy proceedings of GST LLC, Garrison and Anchor Packing Company made for the purposes of obtaining the benefit of a claims injunction under 11 U.S.C.
§524(g)(1) and (4). 
 8.13 Organization Documents; Fiscal Year; Legal Name, State of Formation and Form of Entity. 

(a) Amend, modify or change its Organization Documents in a manner adverse in any material respect to the Lenders. 

(b) Change its fiscal year. 

(c) Solely with respect to a Loan Party, without providing ten (10) days prior written notice to the Administrative Agent
(or such other notice agreed to by the Administrative Agent), change its name, state of formation or form of organization. 
 8.14
Ownership of Subsidiaries. 
 Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person
(other than any Loan Party or any Wholly Owned Subsidiary of the Parent) to own any Equity Interests of any Subsidiary of any Loan Party, except to qualify directors where required by applicable law or to satisfy other requirements of applicable law
with respect to the ownership of Equity Interests of Foreign Subsidiaries, (b) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of Disqualified Stock or other preferred Equity Interests (other
than preferred Equity Interests owned by a Loan Party) or (c) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens. 

8.15 Sanctions. 

(a) Directly or indirectly, use any Credit Extension or the proceeds of any Credit Extension, or lend, contribute or otherwise
make available such Credit Extension or the proceeds of any Credit Extension to any Person, to fund any activities of or business with any Person, or in any country or territory, that, at the time of such funding, is the subject of Sanctions, or in
any other manner that will result in a violation by any Person (including any Person participating in the transaction, whether as lender, administrative agent, arranger, underwriter, advisor, investor or otherwise) of Sanctions. 

  
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 (b) Directly or indirectly use the proceeds of any Credit Extension for any
purpose which would breach the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010, or other similar legislation in other jurisdictions. 

8.16 Capital Expenditures. 

Permit the aggregate amount of Consolidated Capital Expenditures (other than Capital Expenditures financed with non-revolving Indebtedness
permitted under Section 8.03) to be greater than $100,000,000 in any fiscal year of the Parent; provided that, the amount of permitted Consolidated Capital Expenditures set forth above may be increased for any fiscal year by 100%
of the amount of unused permitted Consolidated Capital Expenditures for the immediately preceding fiscal year (provided that (i) Consolidated Capital Expenditures in any fiscal year shall be applied to the unused amounts for the prior
fiscal year until such unused amounts are exhausted, prior to being applied to the permitted amount for a given fiscal year and (ii) unused permitted Consolidated Capital Expenditures for any fiscal year may only be used in the immediately
succeeding fiscal year and not in any subsequent fiscal year). 
 ARTICLE IX 

EVENTS OF DEFAULT AND REMEDIES 

9.01 Events of Default. 

Any of the following shall constitute an Event of Default: 

(a) Non-Payment. Any Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, and
in the currency required hereunder, any amount of principal of any Loan or any L/C Obligation, or (ii) within three Business Days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or
(iii) within five Business Days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or 

(b) Specific Covenants. Any Loan Party fails to perform or observe any term, covenant or agreement contained in any of
Section 7.01, 7.02(b), 7.03(a), 7.05(a), 7.10, 7.11, 7.12, or 7.14 or Article VIII or 

(c) Other Defaults. Any Loan Party fails to perform or observe any other covenant or agreement (not specified in
subsection (a) or (b) above) contained in any Loan Document on its part to be performed or observed and such failure continues for the earlier of (i) thirty days after the date on which a Responsible Officer of any Loan Party acquires
knowledge thereof and (ii) the date on which written notice thereof is delivered by the Administrative Agent or any Lender to the Borrower Representative; or 

(d) Representations and Warranties. Any representation, warranty, certification or statement of fact made or deemed made
by or on behalf of any Borrower or any other Loan Party herein, in any other Loan Document, or in any Compliance Certificate, Pro Forma Compliance Certificate, Loan Notice or Swing Line Loan Notice delivered in connection herewith or therewith shall
be incorrect or misleading in any material respect when made or deemed made; or 

  
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 (e) Cross-Default. (i) Any Loan Party or any Subsidiary
(A) fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Indebtedness or Guarantee (other than Indebtedness hereunder and Indebtedness under Swap
Contracts) having an aggregate principal amount outstanding (including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than the Threshold Amount, or (B) fails to observe or perform any other agreement
or condition relating to any such Indebtedness or Guarantee or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event occurs, the effect of which default or other event is to cause, or to permit the
holder or holders of such Indebtedness or the beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if required, such
Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity, or such
Guarantee to become payable or cash collateral in respect thereof to be demanded (for the avoidance of doubt, excluding (in the case of both this clause (B) and the preceding clause (A)) any failure to make a payment on, or otherwise comply
with, the terms of the Coltec Subordinated Note or the Stemco Subordinated Note to the extent such payment or compliance is prohibited by a Subordination Agreement); or (ii) there occurs under any Swap Contract an Early Termination Date (as
defined in such Swap Contract) resulting from (A) any event of default under such Swap Contract as to which any Borrower or any Subsidiary is the Defaulting Party (as defined in such Swap Contract) or (B) any Termination Event (as so
defined) under such Swap Contract as to which any Borrower or any Subsidiary is an Affected Party (as so defined) and, in either event, the Swap Termination Value owed by such Borrower or such Subsidiary as a result thereof is greater than the
Threshold Amount; or 
 (f) Insolvency Proceedings, Etc. Any Borrower or any Material Subsidiary institutes or
consents to the institution of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator
or similar officer for it or for all or any material part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of such Person and the
appointment continues undischarged or unstayed for sixty calendar days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and
continues undismissed or unstayed for sixty calendar days, or an order for relief is entered in any such proceeding; or 

(g) Inability to Pay Debts; Attachment. (i) Any Borrower or any Material Subsidiary becomes unable or admits in
writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and
is not released, vacated or fully bonded within thirty days after its issue or levy; or 
 (h) Judgments. There is
entered against any Borrower or any Material Subsidiary (i) one or more final judgments or orders for the payment of money in an aggregate amount exceeding the Threshold Amount (to the extent not covered by independent third-party insurance as
to which the insurer does not dispute coverage), or (ii) any one or more non-monetary final judgments that have, or would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect and, in either case,
(A) enforcement proceedings are commenced by any creditor upon such judgment or order, or (B) there is a period of thirty consecutive days during which a stay of enforcement of such judgment, by reason of a pending appeal or otherwise, is
not in effect; or 

  
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 (i) ERISA. (i) An ERISA Event occurs with respect to a Pension Plan
or Multiemployer Plan which has resulted or would reasonably be expected to result in liability of any Loan Party under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of the Threshold Amount,
or (ii) any Borrower or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan
in an aggregate amount in excess of the Threshold Amount; or 
 (j) Invalidity of Loan Documents. Any material
provision of any Loan Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder or upon satisfaction in full of all the Obligations (other than Obligations arising solely
under any Secured Swap Agreement or Secured Treasury Management Agreement and other than contingent obligations that survive the termination of this Agreement and as to which no claim has been asserted), ceases to be in full force and effect; or any
Loan Party or any other Person (other than the Administrative Agent, the L/C Issuer, the Swing Line Lender, any Arranger or any other Lender) contests in any manner the validity or enforceability of any Loan Document; or any Loan Party denies that
it has any or further liability or obligation under any Loan Document, or purports to revoke, terminate or rescind any Loan Document; or 

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

(l) Invalidity of Subordination Provisions. The subordination provisions of any Subordination Agreement or any of the
documents evidencing or governing any Subordinated Indebtedness shall, in whole or in any material part, terminate, cease to be effective or cease to be legally valid, binding and enforceable against any holder of the applicable Subordinated
Indebtedness; or 
 (m) GST Group. (i) Any member of the GST Group that is a Domestic Subsidiary fails to join as
a Guarantor and pledge its assets as Collateral in the manner contemplated by Sections 7.12 and 7.14 for Subsidiaries (including by delivering to the Administrative Agent (x) a Joinder Agreement or such other documents as the
Administrative Agent shall deem appropriate for such purpose and (y) documents of the types referred to in Sections 5.01(f) and (g) and, if requested by the Administrative Agent, favorable opinions of counsel to such Person
(which shall cover, among other things, the legality, validity and binding effect and enforceability of the documentation referred to in clause (x)) on or before the Re-Consolidation Date or (ii) any Loan Party fails to pledge its Equity
Interests in the members of the GST Group in the manner contemplated by Section 7.14(a) for Subsidiary Equity Interests (including by delivering, if requested by the Administrative Agent, opinions of counsel and any filings and
deliveries necessary in connection therewith to perfect the security interests therein, all in form and substance reasonably satisfactory to the Administrative Agent) on or before the Re-Consolidation Date. 

  
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 9.02 Remedies Upon Event of Default. 

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

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

(c) require that the Borrowers Cash Collateralize the L/C Obligations (in an amount equal to the Minimum Collateral Amount with
respect thereto); and 
 (d) exercise on behalf of itself, the Lenders and the L/C Issuer all rights and remedies available
to it, the Lenders and the L/C Issuer under the Loan Documents; 
 provided, however, that upon the occurrence of an actual or
deemed entry of an order for relief with respect to any Borrower under the Bankruptcy Code of the United States, the obligation of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions shall automatically
terminate, the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable, and the obligation of the Borrowers to Cash Collateralize the L/C Obligations as aforesaid
shall automatically become effective, in each case without further act of the Administrative Agent or any Lender. 
 9.03 Application of
Funds. 
 After the exercise of remedies provided for in Section 9.02 (or after the Loans have automatically become
immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 9.02), any amounts received on account of the Obligations shall be applied by the
Administrative Agent in the following order: 
 First, to payment of that portion of the Obligations constituting
fees, indemnities, expenses and other amounts (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; 

Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than
principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer) arising under the Loan Documents and amounts payable under
Article III, ratably among them in proportion to the respective amounts described in this clause Second payable to them; 

Third, to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees and interest
on the Loans and L/C Borrowings and fees, premiums and scheduled periodic payments, and any interest accrued thereon, due under any Secured Swap Agreement, ratably among the Lenders, the Swap Banks and the L/C Issuer in proportion to the respective
amounts described in this clause Third held by them; 

  
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 Fourth, to (a) payment of that portion of the Obligations
constituting accrued and unpaid principal of the Loans and L/C Borrowings, (b) payment of breakage, termination or other payments, and any interest accrued thereon, due under any Secured Swap Agreement, (c) payments of amounts due under
any Secured Treasury Management Agreement and (d) Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit, ratably among the Lenders, Swap Banks, Treasury Management Banks and the L/C
Issuer in proportion to the respective amounts described in this clause Fourth held by them; and 
 Last, the
balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Borrowers or as otherwise required by Law. 

Subject to Sections 2.03(c) and 2.14, amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit
pursuant to clause Fourth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such
remaining amount shall be applied to the other Obligations, if any, in the order set forth above. 
 Excluded Swap Obligations with respect
to any Loan Party shall not be paid with amounts received from such Loan Party or such Loan Party’s assets, but appropriate adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation to Obligations
otherwise set forth above in this Section. 
 Notwithstanding the foregoing, Obligations arising under Secured Treasury Management
Agreements and Secured Swap Agreements shall be excluded from the application described above if the Administrative Agent has not received a Secured Party Designation Notice, together with such supporting documentation as the Administrative Agent
may request, from the applicable Treasury Management Bank or Swap Bank, as the case may be. Each Treasury Management Bank or Swap Bank not a party to this Agreement that has given the notice contemplated by the preceding sentence shall, by such
notice, be deemed to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of Article X for itself and its Affiliates as if a “Lender” party hereto. 

ARTICLE X 
 ADMINISTRATIVE AGENT

 10.01 Appointment and Authority. 

(a) Each of the Lenders and the L/C Issuer hereby irrevocably appoints Bank of America to act on its behalf as the
Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,
together with such actions and powers as are incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C Issuer, and neither any Borrower nor any other Loan Party shall have
rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other 

  
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Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency
doctrine of any applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties. 

(b) The Administrative Agent shall also act as the “collateral agent” under the Loan Documents, and each of the
Lenders (in its capacities as a Lender, Swing Line Lender (if applicable), potential Swap Banks and potential Treasury Management Banks) and the L/C Issuer hereby irrevocably appoints and authorizes the Administrative Agent to act as the agent of
such Lender and the L/C Issuer for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion as are incidental thereto.
In this connection, the Administrative Agent, as “collateral agent” and any co-agents, sub-agents and attorneys-in-fact appointed by the Administrative Agent pursuant to Section 10.05 for purposes of holding or enforcing any
Lien on the Collateral (or any portion thereof) granted under the Collateral Documents, or for exercising any rights and remedies thereunder at the direction of the Administrative Agent), shall be entitled to the benefits of all provisions of this
Article X and Article XI (including Section 11.04(c), as though such co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the Loan Documents) as if set forth in full herein with respect
thereto. 
 10.02 Rights as a Lender. 

The Person serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender
and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the
Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory capacity for and generally engage in any kind
of business with any Loan Party or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders. 

10.03 Exculpatory Provisions. 

The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents, and
its duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, the Administrative Agent: 

(a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is
continuing; 
 (b) shall not have any duty to take any discretionary action or exercise any discretionary powers, except
discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as
shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to
liability or that is contrary to any Loan Document or applicable law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any Debtor Relief Law or that may effect a forfeiture, modification or
termination of property of a Defaulting Lender in violation of any Debtor Relief Law; and 

  
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 (c) shall not, except as expressly set forth herein and in the other Loan
Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to any Loan Party or any of its Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or
any of its Affiliates in any capacity. 
 The Administrative Agent shall not be liable for any action taken or not taken by it (i) with
the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in
Sections 11.01 and 9.02) or (ii) in the absence of its own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final and non-appealable judgment. The Administrative Agent shall be deemed
not to have knowledge of any Default unless and until notice describing such Default is given in writing to the Administrative Agent by the Borrower Representative, a Lender or the L/C Issuer. 

The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or
representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the
performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any
other Loan Document or any other agreement, instrument or document or (v) the satisfaction of any condition set forth in Article V or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the
Administrative Agent. 
 10.04 Reliance by Administrative Agent. 

The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate,
consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the
proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance
with any condition hereunder to the making of a Loan, or the issuance, extension, renewal or increase of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the L/C Issuer, the Administrative Agent may presume
that such condition is satisfactory to such Lender or the L/C Issuer unless the Administrative Agent shall have received notice to the contrary from such Lender or the L/C Issuer prior to the making of such Loan or the issuance of such Letter of
Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the Loan Parties), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with
the advice of any such counsel, accountants or experts. 
 10.05 Delegation of Duties. 

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

  
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 10.06 Resignation of Administrative Agent. 

(a) The Administrative Agent may at any time give notice of its resignation to the Lenders, the L/C Issuer and the Borrower
Representative. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, with the consent of the Borrower Representative, to appoint a successor, which shall be a bank with an office in the United States, or an
Affiliate of any such bank with an office in the United States. If no such successor shall have been appointed by the Required Lenders and shall have accepted such appointment within thirty (30) days after the retiring Administrative Agent
gives notice of its resignation (or such earlier day as shall be agreed by the Required Lenders and the Borrower Representative) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be
obligated to) on behalf of the Lenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with
such notice on the Resignation Effective Date. 
 (b) If the Person serving as Administrative Agent is a Defaulting Lender
pursuant to clause (d) of the definition thereof, the Required Lenders may, to the extent permitted by applicable Law by notice in writing to the Borrower Representative and such Person remove such Person as the Administrative Agent and, with
the consent of the Borrower Representative, the Required Lenders may appoint a successor. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within thirty (30) days (or such
earlier day as shall be agreed by the Required Lenders) (the “Removal Effective Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective Date. 

(c) With effect from the Resignation Effective Date or the Removal Effective Date (as applicable) (1) the retiring or
removed Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Administrative Agent on behalf of the Lenders or the L/C
Issuer under any of the Loan Documents, the retiring or removed Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed) and (2) except for any indemnity payments or
other amounts then owed to the retiring or removed Administrative Agent, all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and the L/C Issuer
directly, until such time, if any, as the Required Lenders appoint a successor Administrative Agent as provided for above. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and
become vested with all of the rights, powers, privileges and duties of the retiring or removed Administrative Agent (other than as provided in Section 3.01(g) and other than any rights to indemnity payments or other amounts owed to the
retiring or removed Administrative Agent as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the retiring or removed Administrative Agent shall be discharged from all of its duties and obligations hereunder or
under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrowers to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise
agreed between the Borrowers and such successor. After the retiring or removed Administrative Agent’s resignation or removal hereunder and under the other 

  
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Loan Documents, the provisions of this Article and Section 11.04 shall continue in effect for the benefit of such retiring or removed Administrative Agent, its sub-agents and their
respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring or removed Administrative Agent was acting as Administrative Agent. 

Any resignation by or removal of Bank of America as Administrative Agent pursuant to this Section shall also constitute its resignation or
removal as L/C Issuer and Swing Line Lender. If Bank of America resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective
date of its resignation as L/C Issuer and all L/C Obligations with respect thereto, including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c). If
Bank of America resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the
right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c). Upon the appointment by the Borrower Representative of a successor L/C Issuer or Swing Line
Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (a) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer or Swing
Line Lender, as applicable, (b) the retiring L/C Issuer and Swing Line Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (c) the successor L/C Issuer shall issue
letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank of America with respect to such
Letters of Credit. 
 10.07 Non-Reliance on Administrative Agent and Other Lenders. 

Each Lender and the L/C Issuer acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender
or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and the L/C Issuer also acknowledges that it will,
independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in
taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. 

10.08 No Other Duties; Etc. 

Anything herein to the contrary notwithstanding, none of the bookrunners, arrangers, syndication agents, documentation agents or co-agents
shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or the L/C Issuer hereunder. 

10.09 Administrative Agent May File Proofs of Claim. 

In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other
judicial proceeding relative to any Loan Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of
whether the Administrative Agent shall have made any demand on any Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 

  
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 (a) to file and prove a claim for the whole amount of the principal and interest
owing and unpaid in respect of the Loans, L/C Obligations and all other Obligations (other than obligations under Swap Contracts or Treasury Management Agreements to which the Administrative Agent is not a party) that are owing and unpaid and to
file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the L/C Issuer and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the
Lenders, the L/C Issuer and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the L/C Issuer and the Administrative Agent under Sections 2.03(h) and (i), 2.09 and
11.04) allowed in such judicial proceeding; and 
 (b) to collect and receive any monies or other property payable or
deliverable on any such claims and to distribute the same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or
other similar official in any such judicial proceeding is hereby authorized by each Lender and the L/C Issuer to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such
payments directly to the Lenders and the L/C Issuer, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other
amounts due the Administrative Agent under Sections 2.09 and 11.04. 
 Nothing contained herein shall be deemed to authorize
the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or the L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to authorize
the Administrative Agent to vote in respect of the claim of any Lender in any such proceeding. 
 The Lenders, L/C Issuer, Swing Line
Lender, Swap Banks and potential Treasury Management Banks (collectively with the Administrative Agent, the “Secured Parties”) hereby irrevocably authorize the Administrative Agent, at the direction of the Required Lenders, to
credit bid all or any portion of the Obligations (including accepting some or all of the Collateral in satisfaction of some or all of the Obligations pursuant to a deed in lieu of foreclosure or otherwise) and in such manner purchase (either
directly or through one or more acquisition vehicles) all or any portion of the Collateral (a) at any sale thereof conducted under the provisions of the Bankruptcy Code of the United States, including under Sections 363, 1123 or 1129 of the
Bankruptcy Code of the United States, or any similar Laws in any other jurisdictions to which a Loan Party is subject, (b) at any other sale or foreclosure or acceptance of collateral in lieu of debt conducted by (or with the consent or at the
direction of) the Administrative Agent (whether by judicial action or otherwise) in accordance with any applicable Law. In connection with any such credit bid and purchase, the Obligations owed to the Secured Parties shall be entitled to be, and
shall be, credit bid on a ratable basis (with Obligations with respect to contingent or unliquidated claims receiving contingent interests in the acquired assets on a ratable basis that would vest upon the liquidation of such claims in an amount
proportional to the liquidated portion of the contingent claim amount used in allocating the contingent interests) in the asset or assets so purchased (or in the Equity Interests or debt instruments of the acquisition vehicle or vehicles that are
used to consummate such purchase). In connection with any such bid (i) the Administrative Agent shall be authorized to form one or more acquisition vehicles to make a bid, (ii) to adopt documents providing for the governance of the
acquisition vehicle or vehicles (provided that any actions by the Administrative Agent with respect to such acquisition vehicle or vehicles, including any disposition of the assets or Equity Interests thereof, shall be governed, directly or
indirectly, by the vote of the Required Lenders, irrespective of the termination of this Agreement and without giving effect to the limitations on actions by the Required Lenders contained in clauses (a) through (d) of
Section 11.01 of this Agreement, (iii) the Administrative Agent shall be 

  
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authorized to assign the relevant Obligations to any such acquisition vehicle pro rata by the Lenders, as a result of which each of the Lenders shall be deemed to have received a pro rata portion
of any Equity Interests and/or debt instruments issued by such an acquisition vehicle on account of the assignment of the Obligations to be credit bid, all without the need for any Secured Party or acquisition vehicle to take any further action, and
(iv) to the extent that Obligations that are assigned to an acquisition vehicle are not used to acquire Collateral for any reason (as a result of another bid being higher or better, because the amount of Obligations assigned to the acquisition
vehicle exceeds the amount of debt credit bid by the acquisition vehicle or otherwise), such Obligations shall automatically be reassigned to the Lenders pro rata and the Equity Interests and/or debt instruments issued by any acquisition vehicle on
account of the Obligations that had been assigned to the acquisition vehicle shall automatically be cancelled, without the need for any Secured Party or any acquisition vehicle to take any further action. 

10.10 Collateral and Guaranty Matters. 

Without limiting the provisions of Section 10.09, each Lender (including in its capacities as a potential Treasury Management Bank
and a potential Swap Bank) and the L/C Issuer irrevocably authorize the Administrative Agent, at its option and in its discretion (subject to the below provisions of this Section 10.10): 

(a) to release any Lien on any Collateral granted to or held by the Administrative Agent under any Loan Document (i) upon
termination of the Aggregate Revolving Commitments and payment in full of all Obligations (other than (A) contingent obligations that survive the termination of this Agreement and for which no claims have been asserted and (B) obligations
and liabilities arising under Secured Treasury Management Agreements or Secured Swap Agreements as to which arrangements satisfactory to the applicable Treasury Management Bank or Swap Bank have been made) and the expiration or termination of all
Letters of Credit, (ii) that is sold or otherwise disposed of or to be sold or otherwise disposed of as part of or in connection with any sale or other disposition permitted hereunder or under any other Loan Document or any Involuntary
Disposition, or (iii) as approved in accordance with Section 11.01; 
 (b) to subordinate any Lien on any
property granted to or held by the Administrative Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 8.01(i); and 

(c) to release any Guarantor from its obligations under the Guaranty if such Person ceases to be a Subsidiary as a result of a
transaction permitted under the Loan Documents. 
 Upon request by the Administrative Agent at any time, the Required Lenders
will confirm in writing the Administrative Agent’s authority to release or subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under the Guaranty, pursuant to this
Section 10.10. In each case as specified above in this Section 10.10, the Administrative Agent will, at the Borrowers’ expense, execute and deliver to the applicable Loan Party such documents as such Loan Party may
reasonably request to evidence the release of such items of Collateral from the security interest granted under the Collateral Documents or to subordinate its interest in such items or to release such Guarantor from its obligations under the
Guaranty, in each case in accordance with the terms of the Loan Documents and under the circumstances set forth above in this Section 10.10. 

The Administrative Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or
warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Loan Party in connection therewith, nor shall the
Administrative Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral. 

  
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 10.11 Treasury Management Banks and Swap Banks. 

No Treasury Management Bank or Swap Bank that obtains the benefit of Section 9.03, the Guaranty or any Collateral by virtue of the
provisions hereof or any Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or
impairment of any Collateral) (or to notice of or to consent to any amendment, waiver or modification of the provisions hereof or of the Guaranty or any Collateral Document) other than in its capacity as a Lender and, in such case, only to the
extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article X to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been
made with respect to, Obligations arising under Secured Treasury Management Agreements and Secured Swap Agreements except to the extent expressly provided herein and unless the Administrative Agent has received a Secured Party Designation Notice of
such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Treasury Management Bank or Swap Bank, as the case may be. The Administrative Agent shall not be required to verify the
payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Treasury Management Agreements and Secured Swap Agreements. 

ARTICLE XI 
 MISCELLANEOUS 

11.01 Amendments, Etc. 

No amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent to any departure by any Borrower or any
other Loan Party therefrom, shall be effective unless in writing signed by the Required Lenders and the Borrowers or the applicable Loan Party, as the case may be, and acknowledged by the Administrative Agent, and each such waiver or consent shall
be effective only in the specific instance and for the specific purpose for which given; provided, however, that 

(a) no such amendment, waiver or consent shall: 

(i) extend or increase the Commitment of a Lender (or reinstate any Commitment terminated pursuant to Section 9.02)
without the written consent of such Lender whose Commitment is being extended or increased (it being understood and agreed that a waiver of any condition precedent set forth in Section 5.02 or of any Default or of any mandatory reduction
in Commitments is not considered an extension or increase in Commitments of any Lender); 
 (ii) postpone any date fixed by
this Agreement or any other Loan Document for any payment of principal (excluding mandatory prepayments), interest, fees or other amounts due to the Lenders (or any of them) or any scheduled or mandatory reduction of the Commitments hereunder or
under any other Loan Document without the written consent of each Lender entitled to receive such payment or whose Commitments are to be reduced; 

  
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 (iii) reduce the principal of, or the rate of interest specified herein on, any
Loan or L/C Borrowing, or (subject to clause (i) of the final proviso to this Section 11.01) any fees or other amounts payable hereunder or under any other Loan Document without the written consent of each Lender entitled to receive
such payment of principal, interest, fees or other amounts; provided, however, that only the consent of the Required Lenders shall be necessary (A) to amend the definition of “Default Rate” or to waive any obligation of
the Borrowers to pay interest or Letter of Credit Fees at the Default Rate or (B) to amend any financial covenant hereunder (or any defined term used therein) even if the effect of such amendment would be to reduce the rate of interest on any
Loan or L/C Borrowing or to reduce any fee payable hereunder; 
 (iv) change Section 2.13 or
Section 9.03 in a manner that would alter the pro rata sharing of payments required thereby without the written consent of each Lender directly affected thereby; 

(v) change any provision of this Section 11.01(a) or the definition of “Required Lenders” without the
written consent of each Lender directly affected thereby; 
 (vi) except in connection with a Disposition permitted under
Section 8.05, release all or substantially all of the Collateral without the written consent of each Lender directly affected thereby; 

(vii) release any Borrower or, except in connection with a merger or consolidation permitted under Section 8.04 or
a Disposition permitted under Section 8.05, all or substantially all of the Guarantors without the written consent of each Lender directly affected thereby, except to the extent the release of any Guarantor is permitted pursuant to
Section 10.10 (in which case such release may be made by the Administrative Agent acting alone); or 
 (viii)
without the consent of Lenders (other than Defaulting Lenders) holding in the aggregate at least a majority of the Revolving Commitments (or if the Revolving Commitments have been terminated, the outstanding Revolving Loans (and participations in
any Swing Line Loans and L/C Obligations)), (i) waive any Default or Event of Default for purposes of Section 5.02 for purposes of any Revolving Loan Borrowing or L/C Credit Extension, (ii) amend, change, waive, discharge or
terminate Section 2.01(a), 2.02, 2.03, 2.05(b)(i) or 2.06 or any term, covenant or agreement contained in Article VIII or Article IX or (iii) amend or change any provision of this
Section 11.01(a)(viii); 
 (b) unless also signed by the L/C Issuer, no amendment, waiver or consent shall
(i) affect the rights or duties of the L/C Issuer under this Agreement or any Issuer Document relating to any Letter of Credit issued or to be issued by it or (ii) amend Section 1.06 or the definition of “Alternative
Currency”; 
 (c) unless also signed by the Swing Line Lender, no amendment, waiver or consent shall affect the rights
or duties of the Swing Line Lender under this Agreement; and 
 (d) unless also signed by the Administrative Agent, no
amendment, waiver or consent shall affect the rights or duties of the Administrative Agent under this Agreement or any other Loan Document; 

  
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 provided, however, that notwithstanding anything to the contrary herein,
(i) the Fee Letter may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto, (ii) any Subordination Agreement may be amended, supplemented or modified on terms and conditions consented to
in writing by the Administrative Agent, (iii) no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all
Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders), except that (x) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such
Lender and (y) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that by its terms affects any Defaulting Lender disproportionately adversely relative to other affected Lenders shall require the
consent of such Defaulting Lender, (iv) each Lender is entitled to vote as such Lender sees fit on any bankruptcy reorganization plan that affects the Loans, and each Lender acknowledges that the provisions of Section 1126(c) of the
Bankruptcy Code of the United States supersedes the unanimous consent provisions set forth herein and (v) the Required Lenders shall determine whether or not to allow a Loan Party to use cash collateral in the context of a bankruptcy or
insolvency proceeding and such determination shall be binding on all of the Lenders. 
 Notwithstanding anything herein to the contrary,
(x) this Agreement may be amended (or amended and restated) with the written consent of the Required Lenders, the Administrative Agent, the Borrowers, the other Loan Parties and the relevant Lenders providing such additional credit facilities
(i) to add one or more additional credit facilities to this Agreement, to permit the extensions of credit from time to time outstanding hereunder and the accrued interest and fees in respect thereof to share ratably in the benefits of this
Agreement and the other Loan Documents with the Loans and the accrued interest and fees in respect thereof and to include appropriately the Lenders holding such credit facilities in any determination of the Required Lenders and (ii) to change,
modify or alter Section 2.13 or Section 9.03 or any other provision hereof relating to the pro rata sharing of payments among the Lenders to the extent necessary to effectuate any of the amendments (or amendments and
restatements) enumerated in this paragraph, (y) in order to implement any additional Commitments in accordance with Section 2.01(b), this Agreement may be amended for such purpose (but solely to the extent necessary to implement
such additional Commitments in accordance with Section 2.01(b)) by the Borrowers, the other Loan Parties, the Administrative Agent and the relevant Lenders providing such additional Commitments and (z) if following the Closing Date,
the Administrative Agent and the Borrower Representative shall have jointly identified an inconsistency, obvious error or omission of a technical or immaterial nature, in each case, in any provision of the Loan Documents, then the Administrative
Agent and the Loan Parties shall be permitted to amend such provision and such amendment shall become effective without any further action or consent of any other party to any Loan Documents if the same is not objected to in writing by the Required
Lenders within ten (10) Business Days following receipt of notice thereof. 
 11.02 Notices and Other Communications; Facsimile
Copies. 
 (a) Notices Generally. Except in the case of notices and other communications expressly permitted to be
given by telephone (and except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered
mail or sent by facsimile as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

(i) if to any Borrower or any other Loan Party, to the address, facsimile, number, email address or telephone number specified
for the Borrower Representative on Schedule 11.02; 

  
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 (ii) if to any of the Administrative Agent, the L/C Issuer or the Swing Line
Lender, to the address, facsimile number, e-mail address or telephone number specified for such Person on Schedule 11.02; and 

(iii) if to any other Lender, to the address, facsimile number, e-mail address or telephone number specified in its
Administrative Questionnaire (including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in effect for the delivery of notices that may contain material non-public information
relating to the Borrower). 
 Notices and other communications sent by hand or overnight courier service, or mailed by
certified or registered mail, shall be deemed to have been given when received; notices and other communications sent by facsimile or e-mail transmission shall be deemed to have been given when sent (except that, if not given during normal business
hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient). Notices and other communications delivered through electronic communications to the extent provided in subsection
(b) below, shall be effective as provided in such subsection (b). 
 (b) Electronic Communications. Notices and
other communications to the Lenders and the L/C Issuer hereunder may be delivered or furnished by electronic communication (including e-mail address and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent,
provided that the foregoing shall not apply to notices to any Lender or the L/C Issuer pursuant to Article II if such Lender or the L/C Issuer, as applicable, has notified the Administrative Agent that it is incapable of receiving
notices under such Article by electronic communication. The Administrative Agent, the Swing Line Lender, the L/C Issuer or the Borrowers may each, in its discretion, agree to accept notices and other communications to it hereunder by electronic
communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications. 

Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall
be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), and (ii) notices
or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or
communication is available and identifying the website address therefor; provided that, for both clauses (i) and (ii), if such notice, email or other communication is not sent during the normal business hours of the recipient,
such notice, email or communication shall be deemed to have been sent at the opening of business on the next business day for the recipient. 

(c) The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED
BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR
STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE
PLATFORM. In no event shall the Administrative Agent 

  
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or any of its Related Parties (collectively, the “Agent Parties”) have any liability to any Borrower, any Lender, the L/C Issuer or any other Person for losses, claims, damages,
liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of any Borrower’s, any Loan Party’s or the Administrative Agent’s (except arising solely from the Administrative Agent’s gross negligence or
willful misconduct as determined by a court of competent jurisdiction by final and non-appealable judgment) transmission of Borrower Materials or notices through the Platform, any other electronic platform or electronic messaging service, or through
the Internet. 
 (d) Change of Address, Etc. Each of the Borrowers, the Administrative Agent, the L/C Issuer and the
Swing Line Lender may change its address, facsimile or telephone number for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, facsimile or telephone number or e-mail address
for notices and other communications hereunder by notice to the Borrower Representative, the Administrative Agent, the L/C Issuer and the Swing Line Lender. In addition, each Lender agrees to notify the Administrative Agent from time to time to
ensure that the Administrative Agent has on record (i) an effective address, contact name, telephone number, facsimile number and e-mail address to which notices and other communications may be sent and (ii) accurate wire instructions for
such Lender. Furthermore, each Public Lender agrees to cause at least one individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or similar designation on the content declaration
screen of the Platform in order to enable such Public Lender or its delegate, in accordance with such Public Lender’s compliance procedures and applicable Law, including United States federal and state securities Laws, to make reference to
Borrower Materials that are not made available through the “Public Side Information” portion of the Platform and that may contain material non-public information with respect to a Borrower or its securities for purposes of United States
federal or state securities laws. 
 (e) Reliance by Administrative Agent, L/C Issuer and Lenders. The Administrative
Agent, the L/C Issuer and the Lenders shall be entitled to rely and act upon any notices (including telephonic notices, Loan Notices, Letter of Credit Applications and Swing Line Loan Notices) purportedly given by or on behalf of any Loan Party even
if (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms thereof, as understood by the recipient, varied from any
confirmation thereof. The Loan Parties shall indemnify the Administrative Agent, the L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each
notice purportedly given by or on behalf of a Loan Party. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such
recording. 
 11.03 No Waiver; Cumulative Remedies; Enforcement. 

No failure by any Lender, the L/C Issuer or the Administrative Agent to exercise, and no delay by any such Person in exercising, any right,
remedy, power or privilege hereunder or under any other Loan Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or
the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided, and provided under each other Loan Document, are cumulative and not exclusive of any rights, remedies, powers and privileges
provided by law. 

  
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 Notwithstanding anything to the contrary contained herein or in any other Loan Document, the
authority to enforce rights and remedies hereunder and under the other Loan Documents against the Loan Parties or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be
instituted and maintained exclusively by, the Administrative Agent in accordance with Section 9.02 for the benefit of all the Lenders and the L/C Issuer; provided, however, that the foregoing shall not prohibit (a) the
Administrative Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) the L/C Issuer or the Swing Line Lender
from exercising the rights and remedies that inure to its benefit (solely in its capacity as L/C Issuer or Swing Line Lender, as the case may be) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff rights in
accordance with Section 11.08 (subject to the terms of Section 2.13), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any
Loan Party under any Debtor Relief Law; and provided, further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the rights
otherwise ascribed to the Administrative Agent pursuant to Section 9.02 and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject to Section 2.13, any Lender
may, with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders. 

11.04 Expenses; Indemnity; and Damage Waiver. 

(a) Costs and Expenses. The Loan Parties shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent) in connection with the
syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or
thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by the L/C Issuer
in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses
incurred by the Administrative Agent, any Lender or the L/C Issuer (including the reasonable fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or the L/C Issuer), and shall pay all reasonable fees and time
charges for attorneys who may be employees of the Administrative Agent, any Lender or the L/C Issuer, in connection with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including
its rights under this Section, or (B) in connection with the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred
during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit. 
 (b) Indemnification by
the Loan Parties. The Loan Parties shall indemnify the Administrative Agent (and any sub-agent thereof), each Lender and the L/C Issuer, and each Related Party of any of the foregoing Persons (each such Person being called an
“Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses (including the reasonable fees, charges and out-of-pocket disbursements of any counsel for any
Indemnitee), and shall indemnify and hold harmless each Indemnitee from all reasonable fees and time charges and disbursements for attorneys who may be employees of any Indemnitee, incurred by any Indemnitee or asserted against any Indemnitee by any
Person (including a Borrower or any other Loan Party) arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby,
the performance by the parties hereto of their respective obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, or, in the case of the Administrative Agent (and any sub-agent

  
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thereof) and its Related Parties only, the administration of this Agreement and the other Loan Documents (including in respect of any matters addressed in Section 3.01), (ii) any
Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the L/C Issuer to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly
comply with the terms of such Letter of Credit), (iii) any actual or alleged presence or release of Hazardous Materials on or from any property owned or operated by a Loan Party or any of its Subsidiaries, or any Environmental Liability related
in any way to a Loan Party or any of its Subsidiaries, or (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory, whether brought by a
third party or by a Borrower or any other Loan Party, and regardless of whether any Indemnitee is a party thereto, in all cases, whether or not caused by or arising, in whole or in part, out of the comparative, contributory or sole negligence of the
Indemnitee; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (x) are determined by a court of competent jurisdiction by final and
nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee or (y) results from a claim brought by a Borrower or any other Loan Party against an Indemnitee for a breach in bad faith of such
Indemnitee’s obligations hereunder or under any other Loan Document, in each case if a Borrower or such Loan Party has obtained a final and nonappealable judgment in its favor on such claim as determined by a court of competent jurisdiction.
Without limiting the provisions of Section 3.01(c), this Section 11.04(b) shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from any non-Tax claim. 

(c) Reimbursement by Lenders. To the extent that the Loan Parties for any reason fail to indefeasibly pay any amount
required under subsection (a) or (b) of this Section to be paid by them to the Administrative Agent (or any sub-agent thereof), the L/C Issuer, the Swing Line Lender or any Related Party of any of the foregoing, each Lender severally
agrees to pay to the Administrative Agent (or any such sub-agent), the L/C Issuer, the Swing Line Lender or such Related Party, as the case may be, such Lender’s pro rata share (determined as of the time that the applicable unreimbursed expense
or indemnity payment is sought based on each Lender’s share of the Total Credit Exposure at such time) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender), such payment to be made severally
among them based on such Lenders’ Applicable Percentages (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought), provided, further that, the unreimbursed expense or indemnified loss,
claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), the L/C Issuer or the Swing Line Lender in its capacity as such, or against any Related Party of
any of the foregoing acting for the Administrative Agent (or any such sub-agent), the L/C Issuer or the Swing Line Lender in connection with such capacity. The obligations of the Lenders under this subsection (c) are subject to the provisions
of Section 2.12(d). 
 (d) Waiver of Consequential Damages, Etc. To the fullest extent permitted by
applicable law, no Loan Party shall assert, and each Loan Party hereby waives, and acknowledges that no other Person shall have, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages
(as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or
Letter of Credit or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed by it through
telecommunications, electronic or other information transmission systems in connection with this Agreement or the 

  
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other Loan Documents or the transactions contemplated hereby or thereby other than for any Loan Party’s or any Subsidiary’s direct or actual damages resulting from the gross negligence
or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction. 

(e) Payments. All amounts due under this Section shall be payable not later than ten Business Days after demand
therefor. 
 (f) Survival. The agreements in this Section and the indemnity provisions of Section 11.02(e)
shall survive the resignation of the Administrative Agent, the L/C Issuer and the Swing Line Lender, the replacement of any Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all the other Obligations. 

11.05 Payments Set Aside. 

To the extent that any payment by or on behalf of any Loan Party is made to the Administrative Agent, the L/C Issuer or any Lender, or the
Administrative Agent, the L/C Issuer or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required
(including pursuant to any settlement entered into by the Administrative Agent, the L/C Issuer or such Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief Law or
otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made or such setoff had not occurred,
and (b) each Lender and the L/C Issuer severally agrees to pay to the Administrative Agent upon demand its applicable share (without duplication) of any amount so recovered from or repaid by the Administrative Agent, plus interest
thereon from the date of such demand to the date such payment is made at a rate per annum equal to the Federal Funds Rate from time to time in effect, in the applicable currency of such recovery or payment. The obligations of the Lenders and the L/C
Issuer under clause (b) of the preceding sentence shall survive the payment in full of the Obligations and the termination of this Agreement. 

11.06 Successors and Assigns. 

(a) Successors and Assigns Generally. The provisions of this Agreement and the other Loan Documents shall be binding
upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that no Loan Party may assign or otherwise transfer any of its rights or obligations hereunder or thereunder without
the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of subsection
(b) of this Section, (ii) by way of participation in accordance with the provisions of subsection (d) of this Section or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection
(e) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their
respective successors and assigns permitted hereby, Participants to the extent provided in subsection (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuer
and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

  
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 (b) Assignments by Lenders. Any Lender may at any time assign to one or
more assignees all or a portion of its rights and obligations under this Agreement and the other Loan Documents (including all or a portion of its Commitment and the Loans (including for purposes of this subsection (b), participations in L/C
Obligations and Swing Line Loans) at the time owing to it); provided that any such assignment shall be subject to the following conditions: 

(i) Minimum Amounts. 

(A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and/or the Loans at
the time owing to it or contemporaneous assignments to related Approved Funds that equal at least the amount specified in paragraph (b)(i)(B) of this Section in the aggregate or in the case of an assignment to a Lender, an Affiliate of a Lender or
an Approved Fund, no minimum amount need be assigned; and 
 (B) in any case not described in subsection (b)(i)(A) of this
Section, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such
assignment, determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not
be less than $5,000,000 in the case of an assignment of Revolving Loans and $2,500,000 in the case of an assignment of term loans under any Incremental Term Facility unless each of the Administrative Agent and, so long as no Event of Default has
occurred and is continuing, the Borrower Representative otherwise consents (each such consent not to be unreasonably withheld or delayed); provided, that this Section 11.06(b)(i)(B) shall not apply to assignments permitted
pursuant to Section 10.09; 
 (ii) Proportionate Amounts. Each partial assignment shall be made as an
assignment of a proportionate part of all the assigning Lender’s Loans and Commitments, and rights and obligations with respect thereto assigned, except that this clause (ii) shall not (A) apply to the Swing Line Lender’s rights
and obligations in respect of Swing Line Loans or (B) prohibit any Lender from assigning all or a portion of its rights and obligations in respect of its Revolving Commitment (and the related Revolving Loans thereunder) and any outstanding term
loans under an Incremental Term Facility on a non-pro rata basis; 
 (iii) Required Consents. No consent shall be
required for any assignment except to the extent required by subsection (b)(i)(B) of this Section and, in addition: 
 (A)
the consent of the Borrower Representative (such consent not to be unreasonably withheld or delayed) shall be required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is
to a Lender, an Affiliate of a Lender or an Approved Fund; 
 (B) the consent of the Administrative Agent (such consent not
to be unreasonably withheld or delayed) shall be required for assignments in respect of (i) any Revolving Commitment or Incremental Facility Commitment if such assignment is to a Person that is not a Lender with a Commitment in respect of the
Commitment subject to such assignment, an Affiliate of such Lender or an Approved Fund with respect to such Lender or (ii) any term loan under an Incremental Term Facility to a Person that is not a Lender, an Affiliate of a Lender or an
Approved Fund; 

  
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 (C) the consent of the L/C Issuer and the Swing Line Lender shall be required
for any assignment in respect of a Revolving Commitment. 
 (iv) Assignment and Assumption. The parties to each
assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole
discretion, elect to waive such processing and recordation fee in the case of any assignment; provided, further, that such processing and recordation fee shall not apply to any assignment permitted pursuant to
Section 10.09. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 

(v) No Assignment to Certain Persons. No such assignment shall be made (A) to a Borrower or to any Borrower’s
Affiliates or Subsidiaries, (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B), or (C) to a natural
Person. 
 (vi) Certain Additional Payments. In connection with any assignment of rights and obligations of any
Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an
aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the
Borrower Representative and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to
(x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the L/C Issuer or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full
pro rata share of all Loans and participations in Letters of Credit and Swing Line Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender
hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance
occurs. 
 Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of this
Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and
obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an
Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 3.01, 3.04,
3.05 and 11.04 with respect to facts and circumstances occurring prior to the effective date of such assignment; 

  
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provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party
hereunder arising from that Lender’s having been a Defaulting Lender. Upon request, each Borrower (at its expense) shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations under
this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with subsection (d) of this Section. 

(c) Register. The Administrative Agent, acting solely for this purpose as an agent of the Borrowers (and such agency
being solely for tax purposes), shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it (or the equivalent thereof in electronic form) and a register for the recordation of the names and
addresses of the Lenders, and the Commitments of, and principal amounts (and stated interest) of the Loans and L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the
Register shall be conclusive absent manifest error, and the Borrowers, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of
this Agreement. The Register shall be available for inspection by the Borrowers and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 

(d) Participations. Any Lender may at any time, without the consent of, or notice to, any Borrower or the Administrative
Agent, sell participations to any Person (other than a natural Person, a Defaulting Lender or a Borrower or any of a Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s
rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans (including such Lender’s participations in L/C Obligations and/or Swing Line Loans) owing to it); provided that (i) such
Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrowers, the Administrative Agent,
the other Lenders and the L/C Issuer shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. For the avoidance of doubt, each Lender shall be responsible for the
indemnity under Section 11.04(c) without regard to the existence of any participation. 
 Any agreement or
instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement;
provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, waiver or other modification described in clauses (i) through (vii) of
Section 11.01(a) that affects such Participant. The Borrowers agree that each Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and had acquired
its interest by assignment pursuant to subsection (b) of this Section (it being understood that the documentation required under Section 3.01(e) shall be delivered to the Lender who sells the participation; provided that such
Participant (A) agrees to be subject to the provisions of Sections 3.06 and 11.13 as if it were an assignee under paragraph (b) of this Section and (B) shall not be entitled to receive any greater payment under
Sections 3.01 or 3.04, with respect to any participation, than the Lender from whom it acquired the applicable participation would have been entitled to receive, except to the extent such entitlement to receive a greater payment
results from a Change in Law that occurs after the Participant acquired the applicable participation. Each Lender that sells a participation agrees, at the Borrower Representative’s request and expense, to use reasonable efforts to cooperate
with the Borrowers 

  
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to effectuate the provisions of Section 3.06 with respect to any Participant. To the extent permitted by law, each Participant also shall be entitled to the benefits of
Section 11.08 as though it were a Lender, provided such Participant agrees to be subject to Section 2.13 as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as an
agent of the Borrowers, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under the Loan Documents
(the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a
Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit
or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name
is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent)
shall have no responsibility for maintaining a Participant Register. 
 (e) Certain Pledges. Any Lender may at any
time pledge or assign a security interest in all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve
Bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(f) Resignation as L/C Issuer or Swing Line Lender after Assignment. Notwithstanding anything to the contrary contained
herein, if at any time Bank of America assigns all of its Revolving Commitment and Revolving Loans pursuant to subsection (b) above, Bank of America may, (i) upon thirty days’ notice to the Borrower Representative and the Lenders,
resign as L/C Issuer and/or (ii) upon thirty days’ notice to the Borrower Representative, resign as Swing Line Lender. In the event of any such resignation as L/C Issuer or Swing Line Lender, the Borrower Representative shall be entitled
to appoint from among the Lenders a successor L/C Issuer or Swing Line Lender hereunder; provided, however, that no failure by the Borrower Representative to appoint any such successor shall affect the resignation of Bank of America as
L/C Issuer or Swing Line Lender, as the case may be. If Bank of America resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the
effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to
Section 2.03(c)). If Bank of America resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of
such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c). Upon the appointment of a successor L/C Issuer and/or Swing
Line Lender, (1) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer or Swing Line Lender, as the case may be, and (2) the successor L/C Issuer shall issue
letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank of America with respect to such
Letters of Credit. 

  
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 11.07 Treatment of Certain Information; Confidentiality. 

(a) Treatment of Confidential Information. Each of the Administrative Agent, the Lenders and the L/C Issuer agrees to maintain the
confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its Related Parties (it being understood that the Persons to whom such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent required or requested by any regulatory authority purporting to have jurisdiction over such Person or its Related Parties
(including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable Laws or regulations or by any subpoena or similar legal process, (d) to any other party
hereto, (e) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder,
(f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights and obligations under this
Agreement or any Eligible Assignee invited to be a Lender pursuant to Section 2.01(b) or (ii) any actual or prospective party (or its Related Parties) to any swap, derivative or other transaction under which payments are to be made
by reference to a Loan Party and its obligations, this Agreement or payments hereunder, (g) on a confidential basis to (i) any rating agency in connection with rating the Parent or its Subsidiaries or the credit facilities provided
hereunder or (ii) the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers or other market identifiers with respect to the credit facilities provided hereunder, (h) with the consent of
the Borrower Representative or (i) to the extent such Information (x) becomes publicly available other than as a result of a breach of this Section or (y) becomes available to the Administrative Agent, any Lender, the L/C Issuer or
any of their respective Affiliates on a nonconfidential basis from a source other than the Borrowers. For purposes of this Section, “Information” means all information received from a Loan Party or any Subsidiary relating to the
Loan Parties or any Subsidiary or any of their respective businesses, other than any such information that is available to the Administrative Agent, any Lender or the L/C Issuer on a nonconfidential basis prior to disclosure by such Loan Party or
any Subsidiary unless such information is marked “PUBLIC.” Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has
exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

(b) Non-Public Information. Each of the Administrative Agent, the Lenders and the L/C Issuer acknowledges that (a) the Information
may include material non-public information concerning the Borrowers or a Subsidiary, as the case may be, (b) it has developed compliance procedures regarding the use of material non-public information and (c) it will handle such material
non-public information in accordance with applicable Law, including United States Federal and state securities Laws. 
 11.08 Set-off.

 If an Event of Default shall have occurred and be continuing, each Lender, the L/C Issuer and each of their respective Affiliates is
hereby authorized at any time and from time to time, after obtaining the prior written consent of the Administrative Agent, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or special, time or
demand, provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, the L/C Issuer or any such Affiliate to or for the credit or the account of a Borrower or any other
Loan Party against any and all of the obligations of such Borrower or such Loan Party now or hereafter existing under this Agreement or any other Loan Document to such Lender or the L/C Issuer or their respective Affiliates, irrespective of whether
or not such Lender, L/C Issuer or Affiliate shall have 

  
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made any demand under this Agreement or any other Loan Document and although such obligations of such Borrower or such Loan Party may be contingent or unmatured or are owed to a branch office or
Affiliate of such Lender or the L/C Issuer different from the branch, office or Affiliate holding such deposit or obligated on such indebtedness; provided, that, in the event that any Defaulting Lender shall exercise any such right of
setoff, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the provisions of Section 2.15 and, pending such payment, shall be segregated by such
Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent, the L/C Issuer and the Lenders and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing
in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. The rights of each Lender, the L/C Issuer and their respective Affiliates under this Section are in addition to other rights and
remedies (including other rights of setoff) that such Lender, the L/C Issuer or their respective Affiliates may have. Each Lender and the L/C Issuer agrees to notify the Borrower Representative and the Administrative Agent promptly after any such
setoff and application, provided that the failure to give such notice shall not affect the validity of such setoff and application. 

11.09 Interest Rate Limitation. 

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

11.10 Counterparts; Integration; Effectiveness. 

This Agreement may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an
original, but all of which when taken together shall constitute a single contract. This Agreement, the other Loan Documents, and any separate letter agreements with respect to fees payable to the Administrative Agent or the L/C Issuer, constitute
the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in Section 5.01,
this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties
hereto. Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other electronic imaging means (e.g. “pdf” or “tif”) shall be effective as delivery of a manually executed counterpart of this
Agreement. 
 11.11 Survival of Representations and Warranties. 

All representations and warranties made hereunder and in any other Loan Document or other document delivered pursuant hereto or thereto or in
connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the Administrative Agent and each Lender, regardless of any investigation made by
the Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent 

  
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or any Lender may have had notice or knowledge of any Default at the time of any Credit Extension, and shall continue in full force and effect as long as any Loan or any other Obligation
hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. 
 11.12 Severability. 

If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or unenforceable, (a) the legality, validity
and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal, invalid or
unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction. Without limiting the foregoing provisions of this Section 11.12, if and to the extent that the enforceability of any provisions in this Agreement relating to Defaulting
Lenders shall be limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent, the L/C Issuer or the Swing Line Lender, as applicable, then such provisions shall be deemed to be in effect only to the extent not so limited.

 11.13 Replacement of Lenders. 

If the Borrowers are entitled to replace a Lender pursuant to the provisions of Section 3.06, or if any Lender is a Defaulting
Lender or a Non-Consenting Lender, then the Borrower Representative may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and
subject to the restrictions contained in, and consents required by, Section 11.06), all of its interests, rights (other than its existing rights to payments pursuant to Sections 3.01 and 3.04) and obligations under this
Agreement and the related Loan Documents to an Eligible Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that: 

(a) the Borrowers shall have paid to the Administrative Agent the assignment fee (if any) specified in
Section 11.06(b); 
 (b) such Lender shall have received payment of an amount equal to one hundred percent
(100%) of the outstanding principal of its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.05)
from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrowers (in the case of all other amounts); 

(c) in the case of any such assignment resulting from a claim for compensation under Section 3.04 or payments
required to be made pursuant to Section 3.01, such assignment will result in a reduction in such compensation or payments thereafter; 

(d) such assignment does not conflict with applicable Laws; and 

(e) in the case of any such assignment resulting from a Non-Consenting Lender’s failure to consent to a proposed change,
waiver, discharge or termination with respect to any Loan Document, the applicable replacement bank, financial institution or Fund consents to the proposed change, waiver, discharge or termination; provided that the failure by such
Non-Consenting Lender to execute and deliver an Assignment and Assumption shall not impair the validity of the removal of such Non-Consenting Lender and the mandatory assignment of such 

  
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Non-Consenting Lender’s Commitments and outstanding Loans and participations in L/C Obligations and Swing Line Loans pursuant to this Section 11.13 shall nevertheless be
effective without the execution by such Non-Consenting Lender of an Assignment and Assumption. 
 A Lender shall not be required to make any
such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower Representative to require such assignment and delegation cease to apply. 

11.14 Governing Law; Jurisdiction; Etc. 

(a) GOVERNING LAW. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET
FORTH THEREIN) AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT (EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS
EXPRESSLY SET FORTH THEREIN) AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

(b) SUBMISSION TO JURISDICTION. EACH BORROWER AND EACH OTHER LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT IT
WILL NOT COMMENCE ANY ACTION, LITIGATION OR PROCEEDING OF ANY KIND OR DESCRIPTION, WHETHER IN LAW OR EQUITY, WHETHER IN CONTRACT OR IN TORT OR OTHERWISE, AGAINST THE ADMINISTRATIVE AGENT, ANY LENDER, THE L/C ISSUER, OR ANY RELATED PARTY OF THE
FOREGOING IN ANY WAY RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS RELATING HERETO OR THERETO, IN ANY OTHER FORUM OTHER THAN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT
COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE JURISDICTION OF SUCH COURTS AND AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION,
LITIGATION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING
SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER
OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY BORROWER OR ANY OTHER LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(c) WAIVER OF VENUE. EACH BORROWER AND EACH OTHER LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY 

  
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OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (B) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE
DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 
 (d) SERVICE OF
PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 11.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED
BY APPLICABLE LAW. 
 11.15 Waiver of Right to Trial by Jury. 

EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY
LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO
(A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES
THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

11.16 Electronic Execution of Assignments and Certain Other Documents. 

The words “execute,” “execution,” “signed,” “signature” and words of like import in or related to any
document to be signed in connection with this Agreement and the transactions contemplated hereby (including, without limitation, Assignment and Assumptions, amendments or other modifications, Loan Notices, Swing Line Loan Notices, waivers and
consents) shall be deemed to include electronic signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved by the Administrative Agent, or the keeping of records in electronic form, each of which
shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal
Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act; provided that, notwithstanding
anything contained herein to the contrary, the Administrative Agent is under no obligation to agree to accept electronic signatures in any form or in any format unless expressly agreed to by the Administrative Agent pursuant to procedures approved
by it. 
 11.17 USA PATRIOT Act. 

Each Lender that is subject to the Act (as hereinafter defined) and the Administrative Agent (for itself and not on behalf of any Lender)
hereby notifies the Borrowers that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “PATRIOT Act”), it is required to obtain, verify and record
information that identifies the Borrowers, which information includes the name and address of each Borrower and other information that will allow such Lender or the Administrative Agent, as applicable, to identify such Borrower in accordance with
the Act. 

  
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Each Borrower shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender requests
in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Act. 

11.18 No Advisory or Fiduciary Relationship. 

In connection with all aspects of each transaction contemplated hereby (including in connection with any amendment, waiver or other
modification hereof or of any other Loan Document), each Loan Party acknowledges and agrees, and acknowledges its Affiliates’ understanding, that: (a)(i) the arranging and other services regarding this Agreement provided by the Administrative
Agent, the Arrangers and the Lenders are arm’s-length commercial transactions between the Loan Parties and their respective Affiliates, on the one hand, and the Administrative Agent, the Arrangers and the Lenders on the other hand,
(ii) each Loan Party has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (iii) each Loan Party is capable of evaluating, and understands and accepts, the terms, risks and
conditions of the transactions contemplated hereby and by the other Loan Documents; (b)(i) the Administrative Agent, each Arranger and each Lender is and has been acting solely as a principal and, except as expressly agreed in writing by the
relevant parties, has not been, is not and will not be acting as an advisor, agent or fiduciary for any Loan Party or any of its Affiliates or any other Person and (ii) neither the Administrative Agent, nor any Arranger nor any Lender has any
obligation to any Loan Party or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; and (c) the Administrative Agent, the Arrangers and
the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Loan Parties and their Affiliates, and neither the Administrative Agent, nor any Arranger nor any Lender
has any obligation to disclose any of such interests to any Loan Party or its Affiliates. To the fullest extent permitted by law, each Loan Party hereby waives and releases any claims that it may have against the Administrative Agent, any Arranger
or any Lender with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby. 

11.19 Borrower Representative; Joint and Several Obligations. 

(a) Because it is impractical at any particular time to determine which of the Borrowers will directly receive the proceeds of
any Loan, each of the Borrowers hereby authorizes the Administrative Agent to disburse the proceeds of each Loan at the direction of the Borrower Representative acting as agent on behalf of the Borrowers to any of the Borrowers. Each Borrower
represents, warrants and understands that, in consequence of the receipt and use of such proceeds and direct and indirect benefits by any particular Borrower, all the Borrowers shall be jointly and severally liable for all Loans and all other
Obligations so incurred hereunder by any Borrower, without regard to the identity of the Borrower in whose name any Loan is made. Each Borrower hereby irrevocably designates, appoints, authorizes and directs the Borrower Representative (including
each Responsible Officer of the Borrower Representative) to act on behalf of such Borrower for the purposes set forth in this Section 11.19, and to act on behalf of such Borrower for purposes of giving Requests for Credit Extension to
the Administrative Agent and the L/C Issuer and for otherwise making requests and giving and receiving notices and certifications under this Agreement or any other Loan Document (it being acknowledged by the Borrowers that any notice given to the
Borrower Representative hereunder or under any other Loan Document, for any purpose, shall be deemed properly given to all Borrowers) and otherwise for taking all other action contemplated to be taken by the Borrower Representative (including each
Responsible Officer of the Borrower Representative) or any Borrower hereunder or under any other Loan Document. Without limiting the generality of the 

  
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foregoing, each Borrower acknowledges and agrees that any Compliance Certificate and any other certificate executed and delivered by the Borrower Representative pursuant to
Section 7.02 hereof shall be deemed given by and on behalf of each Borrower and that the representations, certifications and information therein shall be deemed made and given by the Borrower Representative and each Borrower, and the
Borrower Representative is authorized to execute and deliver such Compliance Certificates and other certificates on behalf of each Borrower. Each Borrower further appoints the Borrower Representative as its agent for any service of process. The
Administrative Agent is entitled to rely and act on instructions of the Borrower Representative, by and through any Responsible Officer thereof, on behalf of each Borrower. Without limiting the provisions of Section 11.04, each Borrower
covenants and agrees to assume joint and several liability for and to protect, indemnify and hold harmless the Administrative Agent and the Lenders from any and all liabilities, obligations, damages, penalties, claims, causes of action, costs,
charges and expenses (including without limitation, attorneys’ fees), which may be incurred by, imposed on or asserted against the Administrative Agent or any Lender, howsoever arising or incurred because of, out of or in connection with the
disbursements of the Loans in accordance with this Section 11.19 except to the extent that such liabilities, obligations, damages, penalties, claims, causes of actions, costs, charges and expenses are determined by a court of competent
jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee. Without limiting any other provisions set forth herein, such books and records may be reviewed and copied by the
Administrative Agent at such Borrower’s expense at reasonable intervals and upon reasonable notice given by the Administrative Agent to such Borrower, including notice given through the Borrower Representative. 

(b) The Obligations of each Borrower under this Section 11.19 are independent, and a separate action or actions may
be brought and prosecuted against any of the Borrowers whether action is brought against of the other Borrowers or whether any of the other Borrowers are joined in any such action or actions; and each Borrower waives the benefit of any statute of
limitations affecting its liability hereunder. 
 (c) Each Borrower represents and warrants that the request for joint
handling of the Loans and other Obligations made hereunder was made because the Borrowers are engaged in related operations and are interdependent. Each Borrower expects to derive benefit, directly or indirectly, from such availability because the
successful operation of the Borrowers is dependent on the continued successful performance of the functions of the group. 

(d) Each Borrower represents and warrants that (i) it has established adequate means of obtaining from the other Borrower
on a continuing basis financial and other information pertaining to the business, operations and condition (financial and otherwise) of the other Borrower and its property, and (ii) it now is and hereafter will be completely familiar with the
business, operations and condition (financial and otherwise) of the other Borrower and its property. Each Borrower hereby waives and relinquishes any duty on the part of the Administrative Agent or any holder of the Obligations to disclose to such
Borrower any matter, fact or thing relating to the business, operations or condition (financial or otherwise) of the other Borrower, any other Loan Party, any Subsidiary or any of their respective properties, whether now or hereafter known by the
Administrative Agent or any holder of the Obligations during the life of this Agreement. 
 (e) The Obligations of the
Borrowers under this Agreement and the other Loan Documents shall be joint and several, absolute and unconditional irrespective of, and each Borrower hereby expressly waives, to the extent permitted by law, any defense to its Obligations under this
Agreement (other than the defense of indefeasible payment and satisfaction in full of all Obligations) and all the other Loan Documents to which it is a party by reason of: 

  
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 (i) any lack of legality, validity or enforceability of this Agreement, any other
Loan Document, or any other agreement or instrument creating, providing security for, or otherwise relating to any of the Obligations (the Loan Documents and all such other agreements and instruments being collectively referred to as the
“Related Agreements”); 
 (ii) any action taken under any of the Related Agreements, any exercise of any
right or power therein conferred, any failure or omission to enforce any right conferred thereby, or any waiver of any covenant or condition therein provided; 

(iii) any acceleration of the maturity of any of the Obligations in accordance with Section 9.02 (whether of such
Borrower or of any of the other Borrowers) or of any other obligations or liabilities of any Person under any of the Related Agreements; 

(iv) any release, exchange, non-perfection, lapse in perfection, disposal, deterioration in value, or impairment of any
security for any of the Obligations (whether of such Borrower or of any of the other Borrowers) or for any other obligations or liabilities of any Person under any of the Related Agreements; 

(v) any dissolution of any of the Borrowers, any Subsidiary, any Guarantor or any other party to a Related Agreement, or the
combination or consolidation of the Borrowers, any Subsidiary, any Guarantor or any other party to a Related Agreement into or with another entity or any transfer or disposition of any assets of the Borrowers, any Subsidiary, any Guarantor or any
other party to a Related Agreement; 
 (vi) any extension (including without limitation extensions of time for payment),
renewal, amendment, restructuring or restatement of, any acceptance of late or partial payments under, or any change in the amount of any borrowings or any credit facilities available under, this Agreement or any other Related Agreement, in whole or
in part; 
 (vii) the existence, addition, modification, termination, reduction or impairment of value, or release of any
other guaranty (or security therefor) of any of the Obligations (whether of such Borrower or of any of the other Borrowers); 

(viii) any waiver of, forbearance or indulgence under, or other consent to any change in or departure from any term or
provision contained in this Agreement, any other Loan Document or any other Related Agreement, including without limitation any term pertaining to the payment or performance of any of the Obligations (whether of such Borrower or of any of the other
Borrowers) or any of the obligations or liabilities of any party to any other Related Agreement; or 
 (ix) any other
circumstance whatsoever (with or without notice to or knowledge of any other Borrower) which may or might in any manner or to any extent vary the risks of such Borrower, or might otherwise constitute a legal or equitable defense available to, or
discharge of, a surety or a guarantor, including without limitation any right to require or claim that resort be had to any Borrower, to any Guarantor or to any collateral in respect of the Obligations. 

  
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 (g) Each Borrower is unconditionally obligated to repay the Obligations as a
joint and several obligor under this Agreement. If, as of any date, the aggregate amount of payments made by a Borrower on account of the Obligations and proceeds of such Borrower’s Collateral that are applied to the Obligations exceeds the
aggregate amount of Loan proceeds actually used by such Borrower in its business (such excess amount being referred to as an “Accommodation Payment”), then each of the other Borrowers (each such other Borrower being referred to as a
“Contributing Borrower”) shall be obligated to make contribution to such Borrower (the “Paying Borrower”) in an amount equal to (i) the product derived by multiplying the sum of each Accommodation Payment of
each Borrower by the Allocable Percentage of the Borrower from whom contribution is sought less (ii) the amount, if any, of the then outstanding Accommodation Payment of such Contributing Borrower (such last mentioned amount which is to
be subtracted from the aforesaid product to be increased by any amounts theretofore paid by such Contributing Borrower by way of contribution hereunder, and to be decreased by any amounts theretofore received by such Contributing Borrower by way of
contribution hereunder); provided, however, that a Paying Borrower’s recovery of contribution hereunder from the other Borrowers shall be limited to that amount paid by the Paying Borrower in excess of its Allocable Percentage of
all Accommodation Payments then outstanding of all Borrowers. As used herein, the term “Allocable Percentage” shall mean, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers
who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency,
bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

 (h) Each Borrower hereby subordinates any claims, including any right of payment, subrogation, contribution and indemnity,
that it may have from or against any other Loan Party, and any successor or assign of any other Loan Party, including any trustee, receiver or debtor-in-possession,
howsoever arising, due or owing or whether heretofore, now or hereafter existing, to the full, final and irrevocable payment and performance of all of the Obligations. 

(i) Notwithstanding anything to the contrary elsewhere contained herein or in any other Loan Document to which any Borrower is
a party, each Borrower waives any right to assert against the Administrative Agent or any holder of the Obligations as a defense, counterclaim, set-off, recoupment or cross claim in respect of its Obligations (other than the defense of indefeasible
payment and satisfaction in full of all Obligations), any claim which such Borrower may now or at any time hereafter have against any other Borrower, any Guarantor, the Administrative Agent or any holder of the Obligations, including all rights or
defenses arising by reason of (i) any “one action” or “anti-deficiency” law or any other law which may prevent the Administrative Agent on behalf of the holders of the Obligations from
bringing any action, including a claim for deficiency, against any Borrower, before or after the Administrative Agent’s commencement or completion of any foreclosure action, either judicially or by exercise of a power of sale; (ii) any
election of remedies by the Administrative Agent which destroys or otherwise adversely affects such Borrower’s subrogation rights or rights to proceed against another Borrower, Guarantor or Subsidiary for reimbursement, including without
limitation, any loss of rights such Borrower may suffer by reason of any law limiting, qualifying, or discharging the Obligations; (iii) any right to claim discharge of the Obligations on the basis of unjustified impairment of any collateral
for the Obligations; or (iv) any statute of limitations, if at any time any action or suit brought by the Administrative Agent against such Borrower is commenced, there are outstanding Obligations of such Borrower to any holder of the
Obligations which are not barred by any applicable statute of limitations. 

  
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 Each Borrower hereby waives to the extent permitted by law notice of the following events or
occurrences: (i) the Lenders’ heretofore, now or from time to time hereafter making Loans and otherwise loaning monies or giving or extending credit to or for the benefit of any Loan Party or Subsidiary, or otherwise entering into
arrangements with any Loan Party or Subsidiary giving rise to Obligations, whether pursuant to this Agreement or any other Related Agreement or any amendments, modifications, or supplements thereto, or replacements or extensions thereof;
(ii) presentment, demand, default, non-payment, partial payment and protest; and (iii) any other event, condition, or occurrence described in Section 11.19(e) above. Each Borrower agrees that the Administrative Agent or any
holder of the Obligations may heretofore, now or at any time hereafter do any or all of the foregoing in such manner, upon such terms and at such times as the Administrative Agent or any holder of the Obligations, in its sole and absolute
discretion, deems advisable, without in any way or respect impairing, affecting, reducing or releasing such Borrower from its Obligations and each Borrower hereby consents to each and all of the foregoing events or occurrences. Notwithstanding any
provision to the contrary contained herein or in any other of the Loan Documents, the obligations of each Borrower under this Agreement, the other Loan Documents and the other documents relating to the Obligations shall be limited to an aggregate
amount equal to the largest amount that would not render such obligations subject to avoidance under Section 548 of the United States Bankruptcy Code or any comparable provisions of any applicable state law. 

11.20 Amendment and Restatement. 

(a) The parties hereto agree that, at such time as this Agreement shall have become effective pursuant to the terms of
Section 5.01, (a) the Existing Credit Agreement automatically shall be deemed amended and restated in its entirety by this Agreement and the Commitments, Loans and other Obligations under the Existing Credit Agreement and as defined
therein automatically shall be amended and restated in their entireties by the Commitments, Loans and Obligations hereunder and (b) each Mortgage executed prior to the Closing Date as security for the Existing Credit Agreement and the
Obligations described therein (in each case, as any such Mortgage is being amended in connection with this Agreement) and the Liens created thereunder shall remain in full force and effect as security for this Agreement and the Obligations described
herein and are hereby reaffirmed (as so amended), and all references to the Existing Credit Agreement in each such Mortgage (if not being amended in connection with this Agreement) shall be deemed to refer without further amendment to this
Agreement. This Agreement is not a novation of the Existing Credit Agreement or the credit facilities, indebtedness and other obligations under the Existing Credit Agreement. It is the intent of the parties to amend and restate the Existing Credit
Agreement and the credit facilities provided thereunder, without novation or interruption. 
 (b) At such time as this
Agreement shall have become effective pursuant to the terms of Section 5.01, (i) the risk participations of the Lenders hereunder in each outstanding Letter of Credit (including the Existing Letters of Credit) and each outstanding
Swing Line Loan shall be automatically reallocated such that the risk participation of each Lender in each outstanding Letter of Credit and Swing Line Loan equals such Lender’s Applicable Percentage of each such Letter of Credit and Swing Line
Loan, and (ii) each Lender that is providing a new or increased Revolving Commitment in connection with this Amendment shall make Revolving Loans the proceeds of which shall be applied by the Administrative Agent to prepay outstanding Revolving
Loans of the other Lenders in an amount necessary such that after giving effect to such Borrowing and prepayment each Lender will hold its Applicable Percentage of the Outstanding Amount of all Revolving Loans. Each Eurodollar Rate Loan outstanding
as a “LIBOR Loan” under the Existing Credit Agreement immediately prior to giving effect to this Agreement shall maintain the same Interest Period applicable to such Eurodollar Rate Loan immediately prior to

  
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giving effect to this Agreement and shall be subject to conversion and/or continuation upon expiration of such Interest Period in accordance with the terms of this Agreement. Revolving Loans made
by Lenders providing new or increased Revolving Commitments pursuant to clause (ii) above to prepay existing Loans shall have Interest Periods that expire concurrently with the expiration of the Interest Periods that were applicable to the
existing Loans so prepaid at the time of prepayment, and shall be subject to conversion and/or continuation upon expiration of such Interest Periods in accordance with the terms of this Agreement. 

(c) The Borrowers have delivered to the Administrative Agent true, correct and complete copies of the Coltec Subordinated Note,
the Stemco Subordinated Note, the Coltec Subordination Agreement, the Stemco Subordination Agreement, the CIP/GGB Pledge Agreement, the Stemco Pledge Agreement, the Coltec/Stemco Subordinated Guaranty and each other document, agreement or instrument
existing on the Closing Date that evidences, governs or secures any of the Indebtedness under the Coltec Subordinated Note or the Stemco Subordinated Note (collectively, the “Intercompany Subordinated Debt Documents”). The Loan
Parties certify to the Administrative Agent and the other holders of the Obligations that each of the Intercompany Subordinated Debt Documents is in full force and effect on the Closing Date and no party thereto has assigned any of its rights or
obligations under any of the Intercompany Subordinated Debt Documents to any other Person. Each party to the Coltec Subordination Agreement and/or the Stemco Subordination Agreement that is also party to this Agreement hereby reaffirms each such
Subordination Agreement and confirms and certifies that each such Subordination Agreement remains effective, notwithstanding the execution, delivery and performance of this Agreement and the other Loan Documents, to subordinate the Indebtedness
evidenced by the Coltec Subordinated Note and the Stemco Subordinated Note to the Obligations, on the terms more particularly set forth in such Subordination Agreements. 

(d) From and after the Closing Date, by execution of this Agreement, each Person identified as a “Lender” on each
signature page that is not already a Lender under the Existing Credit Agreement hereby acknowledges, agrees and confirms that, by its execution of this Agreement, such Person will be deemed to be a party to this Agreement and a “Lender”
for all purposes of this Agreement and shall have all of the obligations of a Lender hereunder as if it had executed the Existing Credit Agreement. 

[SIGNATURE PAGES FOLLOW] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed as of the date first above written. 
  

							
	BORROWERS:	 		 	COLTEC INDUSTRIES INC,
		 		 	a Pennsylvania corporation
				
		 		 	By:	 	 /s/ David S. Burnett

		 		 	Name: David S. Burnett
		 		 	Title: Treasurer
			
		 		 	 ENPRO INDUSTRIES, INC.,
 a North
Carolina corporation

				
		 		 	By:	 	 /s/ David S. Burnett

		 		 	Name: David S. Burnett
		 		 	Title: Treasurer
			
	GUARANTORS:	 		 	APPLIED SURFACE TECHNOLOGY, INC.,
		 		 	a California corporation
				
		 		 	By:	 	 /s/ David S. Burnett

		 		 	Name: David S. Burnett
		 		 	Title: Treasurer
			
		 		 	 BELFAB, INC.,
 a Delaware
corporation

				
		 		 	By:	 	 /s/ David S. Burnett

		 		 	Name: David S. Burnett
		 		 	Title: Treasurer
			
		 		 	 BEST HOLDINGS I, INC.,
 a
Delaware corporation

				
		 		 	By:	 	 /s/ David S. Burnett

		 		 	Name: David S. Burnett
		 		 	Title: Treasurer

 
			
	COLTEC INTERNATIONAL SERVICES CO.,
	a Delaware corporation
		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 COMPRESSOR PRODUCTS INTERNATIONAL LLC,

a Delaware limited liability company

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 ENPRO ASSOCIATES, LLC,
 a North
Carolina limited liability company

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 GARLOCK PIPELINE TECHNOLOGIES, INC.,

a Colorado corporation

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	GGB, INC.,a Delaware corporation
		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 GGB LLC,
 a Delaware limited
liability company

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer

 
			
	KENLEE DAYTONA LLC,
	a Delaware limited liability company
		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 SD FRICTION, LLC,
 a Delaware
limited liability company
  
 by: STEMCO Kaiser Incorporated, its Manager

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 STEMCO KAISER INCORPORATED,
 a
Michigan corporation

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 STEMCO LP,
 a Texas limited
partnership

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 STEMCO HOLDINGS, INC.,
 a Delaware
corporation

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 STEMCO PRODUCTS, INC.,
 a Delaware
corporation

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer

 
			
	TECHNETICS GROUP DAYTONA, INC.,
	a Delaware corporation
		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer
	
	 TECHNECTICS GROUP LLC,
 a North
Carolina limited liability company

		
	By:	 	 /s/ David S. Burnett

	Name: David S. Burnett
	Title: Treasurer

							
	ADMINISTRATIVE AGENT:	 		 	
		 		 	BANK OF AMERICA, N.A.,
		 		 	as Administrative Agent
				
		 		 	By:	 	 /s/    Denise Jones

		 		 	Name:  Denise Jones
		 		 	Title:  Assistant Vice President

							
			
	LENDERS:	 		 	BANK OF AMERICA, N.A.,
		 		 	as a Lender, L/C Issuer and Swing Line Lender
				
		 		 	By:	 	 /s/    Christopher Wozniak

		 		 	Name:  Christopher Wozniak
		 		 	Title:  Vice President

							
			
		 		 	 FIFTH THIRD BANK,
 as a
Lender

				
		 		 	By:	 	 /s/    Richard C. Hardison

		 		 	Name:  Richard C. Hardison
		 		 	Title:  Managing Director

							
			
		 		 	 KEYBANK NATIONAL ASSOCIATION,
 as
a Lender

				
		 		 	By:	 	 /s/    Marcel Fournier

		 		 	Name:  Marcel Fournier
		 		 	Title:  Vice President

							
			
		 		 	 HSBC BANK USA, N.A.,
 as a
Lender

				
		 		 	By:	 	 /s/    Kirk J. Vogel

		 		 	Name:  Kirk J. Vogel
		 		 	Title:  Senior Vice President

							
			
		 		 	 PNC BANK NATIONAL ASSOCIATION,

as a Lender

				
		 		 	By:	 	 /s/    Robert L. Spencer

		 		 	Name:  Robert L. Spencer
		 		 	Title:  Senior Vice President

							
			
		 		 	 WELLS FARGO BANK, N.A.,
 as a
Lender

				
		 		 	By:	 	 /s/    J. Lance Walton

		 		 	Name:  J. Lance Walton
		 		 	Title:  Senior Vice President

 Exhibit A 

FORM OF LOAN NOTICE 
 Date:
                    , 20      
  

	To:	Bank of America, N.A., as Administrative Agent 

  

	Re:	Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or extended from time to time, the “Credit Agreement”) among Coltec Industries Inc, a Pennsylvania
corporation (“Coltec”), EnPro Industries, Inc., a North Carolina corporation (the “Parent”; Coltec and the Parent being each a “Borrower” and collectively, the “Borrowers”), the
Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. Capitalized terms used but not otherwise defined herein have the meanings
provided in the Credit Agreement. 

 Ladies and Gentlemen: 

The undersigned hereby requests (select one): 
  

	 ̈	A Borrowing of Revolving Loans 

  

	 ̈	A [conversion][continuation] of Revolving Loans 

  

	1.	On                             , 20    
(which is a Business Day). 

  

	2.	In the amount of $             . 

  

	3.	Comprised of [Base Rate Loans][Eurodollar Rate Loans]. 

  

	4.	With an Interest Period of [one][two][three][six] months. 

  

	5.	Borrower:
                                         
                        

[With respect to such Borrowing, the Borrower Representative hereby represents and warrants that each of the conditions set forth in Section 5.02
of the Credit Agreement has been satisfied on and as of the date of such Borrowing.] 
  

			
	COLTEC INDUSTRIES INC,
	a Pennsylvania corporation, as Borrower Representative
		
	By:	 	  

	Name:
	Title:

 Exhibit B 

FORM OF SWING LINE LOAN NOTICE 
 Date:
                    , 20      
  

	To:	Bank of America, N.A., as Swing Line Lender 

  

	Cc:	Bank of America, N.A., as Administrative Agent 

  

	Re:	Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or extended from time to time, the “Credit Agreement”) among Coltec Industries Inc, a Pennsylvania
corporation (“Coltec”), EnPro Industries, Inc., a North Carolina corporation (the “Parent”; Coltec and the Parent being each a “Borrower” and collectively, the “Borrowers”), the
Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. Capitalized terms used but not otherwise defined herein have the meanings
provided in the Credit Agreement. 

 Ladies and Gentlemen: 

The undersigned hereby requests a Swing Line Loan: 
  

	1.	On                             , 20    
(which is a Business Day). 

  

	2.	In the amount of $             . 

  

	3.	Borrower:
                                         
                        

With respect to such Borrowing of Swing Line Loans, the Borrower Representative hereby represents and warrants that each of the conditions set forth in
Section 5.02 of the Credit Agreement has been satisfied on and as of the date of such Borrowing of Swing Line Loans. 
  

			
	COLTEC INDUSTRIES INC,
	a Pennsylvania corporation, as Borrower Representative
		
	By:	 	  

	Name:
	Title:

 EXHIBIT C 

FORM OF NOTE 
 FOR VALUE RECEIVED, the
undersigned (the “Borrower”), hereby promises to pay to
                                        or
its registered assigns (the “Lender”), in accordance with the provisions of the Credit Agreement (as hereinafter defined), the principal amount of each Loan from time to time made by the Lender to the Borrower under that certain
Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or extended from time to time, the “Credit Agreement”) among the Borrower, [Coltec Industries Inc, a Pennsylvania
corporation][EnPro Industries, Inc., a North Carolina corporation], the Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.
Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement. 
 The Borrower promises to pay interest on the
unpaid principal amount of each Loan from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Credit Agreement. Except as provided in Section 2.04(f) of the Credit
Agreement with respect to Swing Line Loans, all payments of principal and interest shall be made to the Administrative Agent for the account of the Lender in Dollars in immediately available funds at the Administrative Agent’s Office. If any
amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to be paid upon demand, from the due date thereof until the date of actual payment (and before as well as after judgment) computed at the per annum rate set forth
in the Credit Agreement. 
 This Note is one of the Notes referred to in the Credit Agreement, is entitled to the benefits thereof and may be prepaid in
whole or in part subject to the terms and conditions provided therein. Upon the occurrence and continuation of one or more of the Events of Default specified in the Credit Agreement, all amounts then remaining unpaid on this Note shall become, or
may be declared to be, immediately due and payable all as provided in the Credit Agreement. Loans made by the Lender shall be evidenced by one or more loan accounts or records maintained by the Lender in the ordinary course of business. The Lender
may also attach schedules to this Note and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto. 
 The Borrower,
for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest, demand, dishonor and nonpayment of this Note. 

THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 

 IN WITNESS WHEREOF, the Borrower has caused this Note to be duly executed and delivered by its
officer thereunto duly authorized as of the date and at the place first written above. 
  

			
	 [INSERT BORROWER NAME],

	 a [insert state of incorporation] corporation

		
	 By:
	 	  

	 Name:

	 Title:

 EXHIBIT D 

FORM OF COMPLIANCE CERTIFICATE 
 Financial
Statement Date:                     , 20     

 

	To:	Bank of America, N.A., as Administrative Agent 

  

	Re:	Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or extended from time to time, the “Credit Agreement”) among Coltec Industries Inc, a Pennsylvania
corporation (“Coltec”), EnPro Industries, Inc., a North Carolina corporation (the “Parent”; Coltec and the Parent being each a “Borrower” and collectively, the “Borrowers”), the
Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. Capitalized terms used but not otherwise defined herein have the meanings
provided in the Credit Agreement. 

 Ladies and Gentlemen: 

The undersigned Responsible Officer hereby certifies as of the date hereof that [he/she] is the
                     of Coltec, and that, in [his/her] capacity as such, [he/she] is authorized to execute and deliver this Certificate to the
Administrative Agent on the behalf of the Borrowers, and that: 
 [Use following paragraph 1 for fiscal year-end financial
statements:] 
 [1. Attached hereto as Schedule 1 are the year-end audited financial statements required by Section 7.01(a) of the
Credit Agreement for the fiscal year of the Parent ended as of the above date, together with the report and opinion of an independent certified public accountant required by such section.] 

[Use following paragraph 1 for fiscal quarter-end financial statements:] 

[1. Attached hereto as Schedule 1 are the unaudited financial statements required by Section 7.01(b) of the Credit Agreement for the fiscal
quarter of the Parent ended as of the above date. Such financial statements fairly present in all material respects in accordance with GAAP the financial condition, results of operations, shareholders’ equity and cash flows of the Parent and
its consolidated Subsidiaries as at such date and for such period, subject only to normal year-end audit adjustments and the absence of footnotes, and, with respect to the consolidating statements, are fairly stated in all material respects when
considered in relation to the consolidated financial statements of the Parent and its consolidated Subsidiaries.] 
 2. The undersigned has reviewed and is
familiar with the terms of the Credit Agreement and has made, or has caused to be made, a review of the transactions and condition (financial or otherwise) of the Parent and its Subsidiaries during the accounting period covered by the attached
financial statements. 
 3. A review of the activities of the Parent and its Subsidiaries during such fiscal period has been made under the supervision of
the undersigned with a view to determining whether during such fiscal period the Parent and its Subsidiaries performed and observed all their respective obligations under the Loan Documents, and 

[select one:] 

 [to the knowledge of the undersigned during such fiscal period, the Parent and its Subsidiaries performed and
observed each covenant and condition of the Loan Documents applicable to it.] 
 [or:] 

[the following covenants or conditions have not been performed or observed and the following is a list of each such Default and its nature and status:] 

4. The calculation of the Cumulative Credit as of the last day of and for the period covered by the financial statements enclosed herewith and set forth on
Schedule 2 attached hereto is true and accurate on and as of the date of this Certificate. 
 5. The financial covenant analyses and calculation as of
the last day of and for the period covered by the financial statements enclosed herewith and set forth on Schedule 3 attached hereto are true and accurate on and as of the date of this Certificate. 

6. The following is a summary of all material changes in GAAP affecting the financial statements of the Parent or any of its Subsidiaries and in the consistent
application thereof since                      (the date of the last similar certification): [insert summary] 

7. The following is a summary of all Acquisitions, the purchase price for which exceeded the Threshold Amount, occurring during the period covered by the
financial statements delivered herewith: [insert summary] 
 8. The following is a list of (i) all applications by any Loan Party, if any, for
Copyrights, Patents or Trademarks (each such term as defined in the Security Agreement) made since                      (the date of the last
similar certification) (or, in the case of the first such certificate, the Closing Date) and (ii) all issuances of registrations or letters on existing applications by any Loan Party for Copyrights, Patents and Trademarks (each such term as
defined in the Security Agreement) received since                      (the date of the last similar certification) (or, in the case of the
first such certificate, the Closing Date): [insert list] 
 IN WITNESS WHEREOF, the undersigned has executed this Certificate as of
                    , 20    . 

 

			
	COLTEC INDUSTRIES INC,
	a Pennsylvania corporation, as Borrower Representative
		
	By:	 	  

	Name:
	Title:

 Schedule 1 

to Compliance Certificate 

 Schedule 2 

to Compliance Certificate 
 In the event of
conflict between the provisions and formulas set forth in this Schedule 2 and the provisions and formulas set forth in the Credit Agreement, the provisions and formulas of the Credit Agreement shall prevail. 

 

							
	1.	  	Cumulative Credit
		
		  	An amount, not less than zero in the aggregate, determined on a cumulative basis equal to the
		  	sum of (without duplication):
				
		  	(a)	 	an amount equal to 50% of the cumulative Consolidated Net Income for the period (taken as one accounting period) from July 1, 2014 to the end of the Parent’s fiscal quarter most recently ended (or, in the case such Consolidated
Net Income for such period is a deficit, minus 100% of such deficit)	  	$                     
				
		  	(b)	 	the cash and Cash Equivalent proceeds (net of direct costs incurred in connection therewith, including legal, accounting and investment banking fees, sales commissions and underwriting discounts, and taxes paid or
estimated to be payable as a result thereof) received by the Parent of any Qualified Equity Issuance consummated after the Closing Date	  	$                     
				
		  	(c)	 	in the event that all or a portion of the Cumulative Credit has been applied to make an Investment pursuant to Section 8.02(r) of the Credit Agreement, an amount equal to the aggregate amount received by the Parent or any Subsidiary
in cash and Cash Equivalents from (i) the sale (other than to the Parent or any Subsidiary) of any such Investment, (ii) any dividend or other distribution received in respect of any such Investment or (iii) returns of principal, repayments and
similar payments received in respect of any such Investment, net of (in any such case under the foregoing clauses (i), (ii) and (iii)) (A) direct costs incurred in connection therewith, including legal, accounting and investment
banking fees, sales commissions and underwriting discounts, (B) taxes paid or estimated to be payable as a result thereof, and (C) amounts applied to the repayment of Indebtedness secured by a Lien permitted under the Credit Agreement on the
Investment sold (other than a Lien pursuant to a Collateral Document)	  	$                     
				
		  	(d)	 	the amount of the Cumulative Credit applied to make Investments or Restricted Payments as permitted under the Credit Agreement prior to such period	  	$                     
				
		  	(e)	 	[1.(a) + 1.(b) + 1.(c) – 1.(d)]	  	$                     

 Schedule 3 

to Compliance Certificate 
 In the event of
conflict between the provisions and formulas set forth in this Schedule 3 and the provisions and formulas set forth in the Credit Agreement, the provisions and formulas of the Credit Agreement shall prevail. 

 

											
	1.	 		  	Consolidated Net Leverage Ratio	  
				
		 	(a)	  	Consolidated Funded Indebtedness (excluding the Subordinated Indebtedness evidenced by the Coltec Subordinated Note, the Stemco Subordinated Note and the Coltec/Stemco Subordinated Guaranty)	  	 	$                     	  
				
		 	(b)	  	unrestricted cash and Cash Equivalents of the Loan Parties as of such date in an amount not to exceed (i) $100,000,000 as of any date of determination that is prior to the first anniversary of the Closing Date and
(ii) $75,000,000 as of any date of determination that is on or after the first anniversary of the Closing Date	  	 	$                     	  
				
		 	(c)	  	[1.(a) – 1.(b)]	  	 	$                     	  
			
		 	(d)	  	Consolidated EBITDA	  
					
		 		  	(i)	  	Consolidated Net Income	  	 	$                     	  
			
		 		  	To the extent deducted in calculating such Consolidated Net Income:	  
					
		 		  	(ii)	  	Consolidated Interest Charges	  	 	$                     	  
					
		 		  	(iii)	  	the provision for federal, state, local and foreign income taxes payable by the Parent and its Subsidiaries	  	 	$                     	  
					
		 		  	(iv)	  	depreciation and amortization expense	  	 	$                     	  
					
		 		  	(v)	  	[1.(d)(i) + 1.(d)(ii) + 1.(d)(iii) + 1.(d)(iv)]	  	 	$                     	  
			
		 	(e)	  	Consolidated Net Leverage Ratio	  
		 		  	[1.(c) divided by 1.(d)(v)]	  	 	                 :1.0	  
			
	2.	 		  	Consolidated Interest Coverage Ratio	  
			
		 	(a)	  	Consolidated EBITDA	  
		 		  	[1.(d)(v) above]	  	 	$                     	  
				
		 	(b)	  	cash portion of Consolidated Interest Charges	  	 	$                     	  
				
		 	(c)	  	 Consolidated Interest Coverage Ratio

[2.(a) divided by 2.(b)]
	  	 	                 :1.0	  

 Exhibit E 

FORM OF JOINDER AGREEMENT 

THIS JOINDER AGREEMENT (the “Agreement”) dated as of
                    , 20     is by and between
                    , a
                     (the “New Subsidiary”), and Bank of America, N.A., in its capacity as Administrative Agent under that
certain Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or extended from time to time, the “Credit Agreement”) among Coltec Industries Inc, a Pennsylvania corporation
(“Coltec”), EnPro Industries, Inc., a North Carolina corporation (the “Parent”; Coltec and the Parent being each a “Borrower” and collectively, the “Borrowers”), the Guarantors from
time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. Capitalized terms used herein and not otherwise defined herein shall have the meanings
assigned to such terms in the Credit Agreement. 
 The Loan Parties are required by Section 7.12 of the Credit Agreement to
cause the New Subsidiary to become a “Guarantor” thereunder. Accordingly, the New Subsidiary hereby agrees as follows with the Administrative Agent, for the benefit of the holders of the Obligations: 

1. The New Subsidiary hereby acknowledges, agrees and confirms that, by its execution of this Agreement, the New Subsidiary will be deemed to
be a party to the Credit Agreement and a “Guarantor” for all purposes of the Credit Agreement, and shall have all of the obligations of a Guarantor thereunder as if it had executed the Credit Agreement. The New Subsidiary hereby ratifies,
as of the date hereof, and agrees to be bound by, all of the terms, provisions and conditions applicable to the Guarantors contained in the Credit Agreement. Without limiting the generality of the foregoing terms of this paragraph 1, the New
Subsidiary hereby jointly and severally together with the other Guarantors, guarantees to each holder of the Obligations and the Administrative Agent, as provided in Article IV of the Credit Agreement, the prompt payment and performance of
the Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory Cash Collateralization or otherwise) strictly in accordance with the terms thereof. 

2. The New Subsidiary hereby acknowledges, agrees and confirms that, by its execution of this Agreement, the New Subsidiary will be deemed to
be a party to the Security Agreement and an “Obligor” for all purposes of the Security Agreement, and shall have all the obligations of an Obligor thereunder as if it had executed the Security Agreement. The New Subsidiary hereby ratifies,
as of the date hereof, and agrees to be bound by, all of the terms, provisions and conditions contained in the Security Agreement. Without limiting the generality of the foregoing terms of this paragraph 2, the New Subsidiary hereby grants to the
Administrative Agent, for the benefit of the holders of the Obligations, a continuing security interest in, and a right of set off against, any and all right, title and interest of the New Subsidiary in and to the Collateral (as defined in the
Security Agreement) of the New Subsidiary to secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations (as defined in the Security Agreement).

 3. To assure to the Administrative Agent the effectiveness, perfection and priority of its security interests in the Collateral (as
defined in the Security Agreement) under the Security Agreement, the New Subsidiary authorizes the Administrative Agent to file one or more financing statements (with collateral descriptions broader, including without limitation “all assets
whether now owned or hereafter acquired” and/or “all personal property” collateral descriptions, and/or less specific than the description of the Collateral contained in the Security Agreement) disclosing the Administrative
Agent’s security interest in any or all of the Collateral (as defined in the Security Agreement) of the New Subsidiary without the New Subsidiary’s signature thereon. 

 4. The New Subsidiary hereby represents and warrants to the Administrative Agent and the Lenders
that: 
 (a) The New Subsidiary’s exact legal name and state of organization are as set forth on the signature pages
hereto. 
 (b) The New Subsidiary’s taxpayer identification number and organizational number are set forth on
Schedule 1 hereto. 
 (c) Other than as set forth on Schedule 2 hereto, the New Subsidiary has not changed its
legal name, changed its state of organization, or been party to a merger, consolidation or other change in structure in the five years preceding the date hereof. 

(d) Schedule 3 hereto includes all IP Rights registered or pending registration with the United States Copyright Office
or the United States Patent and Trademark Office and owned by the New Subsidiary as of the date hereof. None of the IP Rights of the New Subsidiary set forth in Schedule 3 hereto is subject to any licensing agreement or similar arrangement,
except as set forth on Schedule 3 hereto. 
 (e) Schedule 4 hereto includes all Commercial Tort Claims (as
defined in the Security Agreement) in excess of $500,000 asserted in any judicial action before any Governmental Authority by or in favor of the New Subsidiary as of the date hereof. 

(f) Schedule 5 hereto lists all real property located in the United States that is owned or leased by the New Subsidiary
as of the date hereof. 
 (g) Schedule 6 hereto lists each Subsidiary of the New Subsidiary, together with
(i) jurisdiction of organization, (ii) number of shares of each class of Equity Interests outstanding, (iii) the number and percentage of outstanding shares of each class owned by the New Subsidiary (directly or indirectly) and
(iv) number and effect, if exercised, of all outstanding options, warrants, rights of conversion or purchase and all other similar rights with respect thereto. 

5. The address of the New Subsidiary for purposes of all notices and other communications is the address designated for all Loan Parties on
Schedule 11.02 to the Credit Agreement or such other address as the New Subsidiary may from time to time notify the Administrative Agent in writing. 

6. This Agreement may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute
an original, but all of which when taken together shall constitute a single contract. 
 7. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 [signature pages follow] 

 IN WITNESS WHEREOF, the New Subsidiary has caused this Joinder Agreement to be duly executed by
its authorized officer, and the Administrative Agent, for the benefit of the holders of the Obligations, has caused the same to be accepted by its authorized officer, as of the day and year first above written. 

 

			
	[NEW SUBSIDIARY]
		
	By:	 	  

	Name:
	Title:

  

			
	Acknowledged and accepted:
	
	 BANK OF AMERICA, N.A.,
 as
Administrative Agent

		
	By:	 	  

	Name:
	Title:

 Schedule 1 

Taxpayer Identification Number; Organizational Number 

 Schedule 2 

Changes in Legal Name or State of Organization; 

Mergers, Consolidations and other Changes in Structure 

 Schedule 3 

IP Rights 

 Schedule 4 

Commercial Tort Claims 

 Schedule 5 

Real Property Locations 

 Schedule 6 

Equity Interests 

 Exhibit F 

FORM OF ASSIGNMENT AND ASSUMPTION 
 This
Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between [Insert name of Assignor] (the “Assignor”) and [Insert name of
Assignee] (the “Assignee”). Capitalized terms used but not defined herein have the meanings provided in the Credit Agreement identified below, receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and
Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes from
the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i) all of the Assignor’s rights and
obligations as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount[s] and equal to the percentage interest[s] identified below of all of such outstanding rights
and obligations of the Assignor under the respective facilities identified below (including, without limitation, the Letters of Credit and the Swing Line Loans and the Guarantees included in such facilities) and (ii) to the extent permitted to
be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other
documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory
claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being
referred to herein collectively as, the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by
the Assignor. 
  

					
	1.	  	Assignor:	  	                                    
                                         
                                         
                                         
                
		  		  	[Assignor [is][is not] a Defaulting Lender.]
			
	2.	  	Assignee:	  	                                    
                                         
                                         
                                         
                
		  		  	[and is an Affiliate/Approved Fund of [identify Lender]]
			
	3.	  	Borrowers:	  	Coltec Industries Inc, a Pennsylvania corporation
		  		  	EnPro Industries, Inc., a North Carolina corporation
			
	4.	  	Administrative Agent:	  	Bank of America, N.A., as the administrative agent under the Credit Agreement
			
	5.	  	Credit Agreement:	  	Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or extended from time to time, the “Credit Agreement”) among the Borrowers, the Guarantors from time to time
party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer

	6.	Assigned Interest: 

  

													
	 Facility Assigned1
	  	Aggregate Amount of
Commitment/Loans for
all Lenders*	 	  	Amount of
Commitment/Loans
Assigned*	 	  	Percentage Assigned of
Commitment/Loans2	 
		  	$	 	  	  	$	 	  	  	 	%	  
		  	$	 	  	  	$	 	  	  	 	%	  
		  	$	 	  	  	$	 	  	  	 	%	  

  

					
	7.	    	Trade Date:	 	  

			
	8.	    	Effective Date:	 	  

 [signature pages follow] 

 

	1 	Fill in the appropriate terminology for the types of facilities under the Credit Agreement that are being assigned under this Assignment (e.g. “Revolving Commitment,” etc.) 

	* 	Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date. 

	2 	Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

 The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

							
	ASSIGNOR:	 		 	[NAME OF ASSIGNOR]
				
		 		 	By:	 	  

		 		 	Name:
		 		 	Title:
			
	ASSIGNEE:	 		 	[NAME OF ASSIGNEE]
				
		 		 	By:	 	  

		 		 	Name:
		 		 	Title:

			
	[Consented to and]3 Accepted:
	
	BANK OF AMERICA, N.A.,
	as Administrative Agent
		
	By:	 	  

	Name:
	Title:
	
	[Consented to:]4
	
	COLTEC INDUSTRIES INC,
	a Pennsylvania corporation, as Borrower Representative
		
	By:	 	  

	Name:
	Title:
	
	[Consented to:]5
	
	BANK OF AMERICA, N.A.,
	as L/C Issuer
		
	By:	 	  

	Name:
	Title:
	
	[Consented to:]6
	
	BANK OF AMERICA, N.A.,
	as Swing Line Lender
		
	By:	 	  

	Name:
	Title:

  

	3 	To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement. 

	4 	To be added only if the consent of the Borrower Representative is required by the terms of the Credit Agreement. 

	5 	To be added only if the consent of the L/C Issuer is required by the terms of the Credit Agreement. 

	6 	To be added only if the consent of the Swing Line Lender is required by the terms of the Credit Agreement. 

 Annex 1 to Assignment and Assumption 

STANDARD TERMS AND CONDITIONS 
 1.
Representations and Warranties. 
 1.1. Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial
owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment
and Assumption and to consummate the transactions contemplated hereby and (iv) it is [not] a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in
connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition of
the Borrowers, any of their respective Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document or (iv) the performance or observance by the Borrowers, any of their respective Subsidiaries or Affiliates or any
other Person of any of their respective obligations under any Loan Document. 
 1.2. Assignee. The Assignee (a) represents and warrants that
(i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement,
(ii) it meets the requirements to be an assignee under Section 11.06(b)(iii) and (v) of the Credit Agreement (subject to such consents, if any, as may be required under Section 11.06(b)(iii) of the Credit Agreement),
(iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it is
sophisticated with respect to decisions to acquire assets of the type represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire the Assigned Interest, is experienced in acquiring assets
of such type, (v) it has received a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to Section 7.01 thereof, as applicable,
and such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest, (vi) it has, independently and without reliance
upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest,
and (vii) if it is a Foreign Lender, attached hereto is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will,
independently and without reliance on the Administrative Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking
action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 

2. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments
of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date. Notwithstanding the foregoing,
the Administrative Agent shall make all payments of interest, fees or other amounts paid or payable in kind from and after the Effective Date to the Assignee. 

 3. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of,
the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of
this Assignment and Assumption by facsimile shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with, the law of the
State of New York. 

 EXHIBIT G-1 

FORM OF 
 U.S. TAX
COMPLIANCE CERTIFICATE 
 (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or
extended from time to time, the “Credit Agreement”) among Coltec Industries Inc, a Pennsylvania corporation (“Coltec”), EnPro Industries, Inc., a North Carolina corporation (the “Parent”; Coltec and
the Parent being each a “Borrower” and collectively, the “Borrowers”), the Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent,
Swing Line Lender and L/C Issuer. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement. 

Pursuant to the provisions of Section 3.01(e) of the Credit Agreement, the undersigned hereby certifies that (i) it is the
sole record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a “bank” within the meaning of Section 881(c)(3)(A) of the
Internal Revenue Code, (iii) it is not a “10 percent shareholder” of a Borrower within the meaning of 881(c)(3)(B) of the Internal Revenue Code and (iv) it is not a “controlled foreign corporation” related to a Borrower
as described in Section 881(c)(3)(C) of the Internal Revenue Code. 
 The undersigned has furnished the Administrative Agent and the
Borrower Representative with a certificate of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly
so inform the Borrower Representative and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower Representative and the Administrative Agent with a properly completed and currently effective certificate
in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 
  

			
	 [NAME OF LENDER]

		
	By:	 	 
	Name:	 	 
	Title:	 	 

 Date:
                    , 20         

 EXHIBIT G-2 

FORM OF 
 U.S. TAX
COMPLIANCE CERTIFICATE 
 (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or
extended from time to time, the “Credit Agreement”) among Coltec Industries Inc, a Pennsylvania corporation (“Coltec”), EnPro Industries, Inc., a North Carolina corporation (the “Parent”; Coltec and
the Parent being each a “Borrower” and collectively, the “Borrowers”), the Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent,
Swing Line Lender and L/C Issuer. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement. 

Pursuant to the provisions of Section 3.01(e) of the Credit Agreement, the undersigned hereby certifies that (i) it is the
sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a “bank” within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code, (iii) it is not a
“10 percent shareholder” of a Borrower within the meaning of Section 881(c)(3)(B) of the Internal Revenue Code, and (iv) it is not a “controlled foreign corporation” related to a Borrower as described in
Section 881(c)(3)(C) of the Internal Revenue Code. 
 The undersigned has furnished its participating Lender with a certificate of its
non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and (2) the
undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years
preceding such payments. 
  

			
	 [NAME OF LENDER]

		
	By:	 	 
	Name:	 	 
	Title:	 	 

 Date:
                    , 20         

 EXHIBIT G-3 

FORM OF 
 U.S. TAX
COMPLIANCE CERTIFICATE 
 (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or
extended from time to time, the “Credit Agreement”) among Coltec Industries Inc, a Pennsylvania corporation (“Coltec”), EnPro Industries, Inc., a North Carolina corporation (the “Parent”; Coltec and
the Parent being each a “Borrower” and collectively, the “Borrowers”), the Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent,
Swing Line Lender and L/C Issuer. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement. 

Pursuant to the provisions of Section 3.01(e) of the Credit Agreement, the undersigned hereby certifies that (i) it is the
sole record owner of the participation in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such participation, (iii) with respect such participation, neither
the undersigned nor any of its direct or indirect partners/members is a “bank” extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of
the Internal Revenue Code, (iv) none of its direct or indirect partners/members is a “10 percent shareholder” of a Borrower within the meaning of Section 881(c)(3)(B) of the Internal Revenue Code and (v) none of its direct
or indirect partners/members is a “controlled foreign corporation” related to a Borrower as described in Section 881(c)(3)(C) of the Internal Revenue Code. 

The undersigned has furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its
partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the
portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender and (2) the undersigned shall have
at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

 

			
	 [NAME OF LENDER]

		
	By:	 	 
	Name:	 	 
	Title:	 	 

 Date:
                    , 20         

 EXHIBIT G-4 

FORM OF 
 U.S. TAX
COMPLIANCE CERTIFICATE 
 (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Amended and Restated Credit Agreement dated as of August 28, 2014 (as amended, modified, supplemented or
extended from time to time, the “Credit Agreement”) among Coltec Industries Inc, a Pennsylvania corporation (“Coltec”), EnPro Industries, Inc., a North Carolina corporation (the “Parent”; Coltec and
the Parent being each a “Borrower” and collectively, the “Borrowers”), the Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent,
Swing Line Lender and L/C Issuer. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement. 

Pursuant to the provisions of Section 3.01(e) of the Credit Agreement, the undersigned hereby certifies that (i) it is the
sole record owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such Loan(s) (as well as any
Note(s) evidencing such Loan(s)), (iii) with respect to the extension of credit pursuant to this Credit Agreement or any other Loan Document, neither the undersigned nor any of its direct or indirect partners/members is a “bank”
extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code, (iv) none of its direct or indirect partners/members is a
“10 percent shareholder” of a Borrower within the meaning of Section 881(c)(3)(B) of the Internal Revenue Code and (v) none of its direct or indirect partners/members is a “controlled foreign corporation” related to a
Borrower as described in Section 881(c)(3)(C) of the Internal Revenue Code. 
 The undersigned has furnished the Administrative Agent
and the Borrower Representative with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY
accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on
this certificate changes, the undersigned shall promptly so inform the Borrower Representative and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower Representative and the Administrative Agent with
a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

 

			
	 [NAME OF LENDER]

		
	By:	 	 
	Name:	 	 
	Title:	 	 

 Date:
                    , 20         

 Exhibit H 

FORM OF SECURED PARTY DESIGNATION NOTICE 

Date:                     ,
         
  

	To:	Bank of America, N.A., as Administrative Agent 

 Ladies and Gentlemen: 

THIS SECURED PARTY DESIGNATION NOTICE is made by
                    , a
                     (the “Designor”), to BANK OF AMERICA, N.A., as Administrative Agent under that certain Credit Agreement
referenced below (in such capacity, the “Administrative Agent”). All capitalized terms not defined herein shall have the meaning ascribed to them in the Credit Agreement. 

W I T N E S S E T H : 

WHEREAS, Coltec Industries Inc, a Pennsylvania corporation (“Coltec”), EnPro Industries, Inc., a North Carolina corporation
(the “Parent”; Coltec and the Parent being each a “Borrower” and collectively, the “Borrowers”), the Guarantors from time to time party thereto, the Lenders from time to time party thereto and Bank
of America, N.A., as Administrative Agent, have entered into that certain Amended and Restated Credit Agreement, dated as of August 28, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”) pursuant to which certain loans and financial accommodations have been made to the Borrowers; 
 WHEREAS, in connection
with the Credit Agreement, a Lender or Affiliate of a Lender is permitted to designate its [Treasury Management Agreement][Swap Contract] as a [”Secured Treasury Management Agreement”][”Secured Swap
Agreement”] under the Credit Agreement and the Collateral Documents; 
 WHEREAS, the Credit Agreement requires that the Designor
deliver this Secured Party Designation Notice to the Administrative Agent; and 
 WHEREAS, the Designor has agreed to execute and deliver
this Secured Party Designation Notice: 
 1. Designation.
[                    ] hereby designates the [Treasury Management Agreement][Swap Contract] described on Schedule 1 hereto to be
a “[Secured Treasury Management Agreement][Secured Swap Agreement]” and hereby represents and warrants to the Administrative Agent that such [Treasury Management Agreement][Swap Contract] satisfies all the requirements under
the Loan Documents to be so designated. By executing and delivering this Secured Party Designation Notice, the Designor, as provided in the Credit Agreement, hereby agrees to be bound by all of the provisions of the Loan Documents which are
applicable to it as a provider of a [Secured Treasury Management Agreement][Secured Swap Agreement] and hereby (a) confirms that it has received a copy of the Loan Documents and such other documents and information as it has deemed
appropriate to make its own decision to enter into this Secured Party Designation Notice, (b) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion under the
Credit Agreement, the other Loan Documents or any other instrument or document furnished pursuant thereto as are delegated to the Administrative Agent by the terms thereof, together with such powers as are incidental thereto (including, without
limitation, the provisions of Section 10.01 of the Credit Agreement), and (c) agrees that it will be bound by the provisions of the Loan Documents and will perform in accordance with its terms all the obligations which by the terms
of the Loan Documents are required to be performed by it as a provider of a [Treasury Management Agreement][Swap Contract]. Without limiting the foregoing, the Designor agrees to indemnify the Administrative Agent as contemplated by
Section 11.04(b) of the Credit Agreement. 

 2. GOVERNING LAW. THIS SECURED PARTY DESIGNATION NOTICE SHALL BE GOVERNED BY,
AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 [signature page follows] 

 IN WITNESS WHEREOF, the undersigned have caused this Secured Party Designation Notice to
be duly executed and delivered by their respective officers thereunto duly authorized as of the date first above written. 
  

			
	 DESIGNOR:

		
	By:	 	 
	 Name:
	 	
	 Title:
	 	
	
	 ADMINISTRATIVE AGENT:

		
	By:	 	 
	 Name:
	 	
	 Title:
	 	

 Schedule 1 

To Secured Party Designation Notice 

 

 Schedule 1.01(b) 

Existing Letters of Credit 
  

			
	Beneficiary:	    	Liberty Mutual
	Amount:	    	US $3,797,000.00
	Expiry Date	    	11/12/2014
	Issuing Bank:	    	Bank of America, N.A.
	L/C Number:	    	68031644
	Issue Date	    	11/12/2008
	 Applicant:
  
	    	EnPro Industries, Inc.
	Beneficiary:	    	Sentry Insurance
	Amount:	    	US $1,925,000
	Expiry Date	    	6/27/2015
	Issuing Bank:	    	Bank of America, N.A.
	L/C Number:	    	68097497
	Issue Date	    	6/28/2013
	Applicant:	    	EnPro Industries, Inc.

 Schedule 1.01(c) 

Approved Short-Term Investments 
 POLICY
STATEMENT 
  

													
	 Title:
	  	Tab:	 	  	Number:	 
	 Short Term Investment
	  	 	Finance	  	  	 	3.06	  

									
	
	 Policy
  

General Policy Statement
  

Periodically, the Company may have cash balances that are in excess of its immediate operating requirements. It is the policy of this
Company that such funds are to be consolidated centrally when possible and are to be invested in appropriate short-term instruments for the benefit of the Company. It is, however, recognized that exchange controls, tax considerations, debt covenants
and other factors may limit the foreign incorporated subsidiaries’ abilities to channel excess cash to the parent.
  

The purpose of this policy is to set forth guidelines and criteria for the operation of the Company’s domestic and foreign
consolidated subsidiary short-term investment programs.
  

Investment Objectives (in order of importance)
  

1. To assure safety of principal.
  

2. To retain liquidity to meet projected and unexpected cash needs of the Company.

 
 3. To attain the best available yield while retaining liquidity and
minimizing risk.
  
 Authority

 
 The Treasurer is charged with oversight of the short-term investment
program of the Company. The Treasurer shall have such authority as is necessary and desirable to direct the program, including the authority to open accounts with brokers and establish safekeeping accounts or other arrangements for the custody of
securities and to execute such documents as may be necessary. The Treasurer also has the authority within this investment policy to delegate the daily investment activities to the senior cash management professional within the Treasury Department
and/or the Treasury Manager. The Treasurer will also be responsible for the oversight of the investment strategies for each foreign incorporated subsidiary. Officers of a subsidiary, authorized by that subsidiary to invest surplus funds, are
responsible for implementation and compliance with this investment policy for that subsidiary. Any deviations from this policy require the written approval of the Company’s Chief Financial Officer.

 
 General Investment Parameters

 
 1.      All
investments shall be denominated in the functional currency of the investing legal entity. Non-U.S. Dollar denominated entities may also invest in USD instruments with the approval of the Treasurer.

 

	 Initiated by:
  

O. Lunking
	  	Issued by:  
 W. Dries
	  	Date Issued:  
 4/30/10
	  	Supercedes:  
 6/30/05
	  	Page:  
 1 of 3

  
 

 

 Schedule 1.01(c) 

Approved Short-Term Investments 
  

 POLICY STATEMENT 

 

									
	 Title:
	  	Tab:	 	  	Number:	 
	 Short Term Investment
	  	 	Finance	  	  	 	3.06	  

  

	2.	Investments must be capable of being liquidated into readily available cash with no loss of principal. 

	3.	Only high quality, investment grade instruments shall be used. 

	4.	Investments in tax-exempt securities or funds are authorized if the tax-equivalent yield is equal to or exceeds the yield on taxable investments. 

	5.	Credit exposure (excluding settlement risk) to any one institution resulting from short-term investments shall not exceed $25 million. 

 

					
	 	  	 Approved Investments
	  	Limit
	1.	  	United States Treasury securities (bills, notes and bonds) and securities of U.S. Government agencies.	  	None
			
	2.	  	 Direct government obligations of countries outside the United States (must be rated A or better by S&P).

 
	  	$ 25,000,000
($10,000,000 per
		  		  	issuer rated AA-or
better)
			
	3.	  	Bank deposits or similar investments with any bank that carries an S&P rating of A or better.	  	$50,000,000
($25,000,000 per
institution rated A
or better,
$10,000,000 if
rated BBB+)
			
	4.	  	Commercial paper (rated A-1 by Standard & Poor’s and P-1 by Moody’s) purchased directly from the issuer or through recognized money market dealers.	  	$25,000,000
($5,000,000 per
issuer)

  

									
	 Initiated by:
  
	  	Issued by:	  	Date Issued:	  	Supercedes:	  	Page:
	O. Lunking	  	W. Dries	  	4/30/10	  	6/30/05	  	2 of 3

  
 

 

 Schedule 1.01(c) 

Approved Short-Term Investments 
  

 POLICY STATEMENT 

 

									
	 Title:
	  	Tab:	 	  	Number:	 
	 Short Term Investment
	  	 	Finance	  	  	 	3.06	  

  

					
	6.	  	 Diversified short-term investment funds that primarily hold securities similar to those described in 1 through 5 above.

 
	  	None
($35,000,000 per
fund)
			
	7.	  	All other prudent, liquid investments that are consistent with the investment objectives and parameters contained in this policy and are similar to securities described in 1 through 5 above.	  	$20,000,000 with
CFO approval,
$5,000,000 with
Treasurer approval

  

									
	 Initiated by:
  
	  	Issued by:	  	Date Issued:	  	Supercedes:	  	Page:
	O. Lunking	  	W. Dries	  	4/30/10	  	6/30/05	  	3 of 3

  
 

 

 Schedule 1.01(e) 

Stemco Kaiser Ad Valorem Tax Relief Transaction 
 STEMCO
Kaiser Incorporated (“STEMCO Kaiser”) has acquired and plans to acquire from time to time prior to December 31, 2016, additional equipment for its existing manufacturing facility in Rome, Georgia at a cost not in excess of
$10,000,000. In connection with its acquisition of this equipment, STEMCO Kaiser entered into on December 18, 2013 (with respect to $434,000 of such equipment) and plans to enter into (with respect to such equipment purchased after such date)
transactions with the Rome-Floyd County Development Authority (the “Authority”) which will enable Stemco Kaiser to take advantage of an exemption from certain ad valorem tax that would otherwise be assessed and payable on the equipment. To
avoid ad valorem taxes, title to the equipment must be transferred to the Authority, and STEMCO Kaiser and the Authority enter into “phantom bond” transactions (in which the various transactions offset each other from an economic
perspective) to achieve this result. 
 Specifically, STEMCO Kaiser transfers its title to the purchased equipment from time to time to the Authority in
exchange for the Authority’s payment to STEMCO Kaiser of the purchase price paid by STEMCO Kaiser for such equipment. The Authority obtains the funds needed to acquire title to the equipment by selling to STEMCO Kaiser bonds issued by the
Authority, all of which bonds mature on December 1, 2018 (with the purchase price paid by STEMCO Kaiser for such bonds and the purchase price paid by the Authority for title to the equipment effectively offsetting each other). STEMCO Kaiser
then rents the equipment from the Authority for the period during which the bonds are outstanding at a rate equal to the principal and interest payments due on the bonds. These rental payments, in effect, are paid by STEMCO Kaiser to itself as the
sole bondholder. STEMCO Kaiser also guarantees payment of the bonds (again, of which it will be the sole bondholder). Upon payment in full of the bonds, STEMCO Kaiser is entitled to repurchase the equipment from the Authority for a nominal fee of
$10.00. 
 During the period prior to December 1, 2018 in which the Authority has title to the equipment, STEMCO Kaiser is not required to pay certain
ad valorem tax. However, during such period, pursuant to a payment-in-lieu of taxes agreement, STEMCO Kaiser is required to make an annual payment of $7,500 to the Authority (total of $37,500), and is responsible for certain third party initial
attorneys’ fees in connection with the transactions (not to exceed $60,000). 

 Schedule 2.01 

Commitments and Applicable Percentages 
  

									
	 Lender
	  	Revolving Commitment	 	  	Applicable Percentage of
Revolving Commitment	 
	 Bank of America, N.A.
	  	$	80,000,000.00	  	  	 	26.666666667	% 
	 Fifth Third Bank
	  	$	60,000,000.00	  	  	 	20.000000000	% 
	 KeyBank National Association
	  	$	60,000,000.00	  	  	 	20.000000000	% 
	 HSBC Bank USA, N.A.
	  	$	40,000,000.00	  	  	 	13.333333333	% 
	 PNC Bank National Association
	  	$	40,000,000.00	  	  	 	13.333333333	% 
	 Wells Fargo Bank, N.A.
	  	$	20,000,000.00	  	  	 	6.666666667	% 
		  	  
	  
	 	  	  
	  
	 
	 TOTAL
	  	$	300,000,000.00	  	  	 	100.000000000	% 
		  	  
	  
	 	  	  
	  
	 

 Schedule 6.13 

Subsidiaries 
  

									
	 Name
	  	 Jurisdiction of
Organization
	  	 Authorized Shares
	  	 Issued & Outstanding
Shares
	  	 Issued
to1

	Applied Surface Technology, Inc.	  	California	  	1,000,000	  	1,000,000	  	Technetics Group Daytona, Inc.
					
	Belfab, Inc.	  	Delaware	  	1,000	  	100	  	Technetics Group Daytona, Inc.
					
	Best Holdings I, Inc.	  	Delaware	  	1,000	  	1,000	  	Technetics Group LLC
					
	Coltec do Brasil Produtos Industriais Ltda.	  	Brazil	  	N/A	  	10,309	  	Coltec Industries Inc (89%) Coltec International Services Co. (11%)
					
	Coltec Finance Company Limited	  	United Kingdom	  	no restriction	  	100	  	Coltec Industries Inc
					
	Coltec Industries France SAS	  	France	  	602,500	  	602,500	  	GGB Slovakia s.r.o.
					
	Coltec Industries Inc	  	Pennsylvania	  	1,000	  	1,000	  	EnPro Industries, Inc.
					
	Coltec Industries Pacific Pte. Ltd	  	Singapore	  	100,000	  	100	  	Coltec Industries Inc
					
	Coltec International Services Co.	  	Delaware	  	1,000	  	1,000	  	Coltec Industries Inc
					
	Compressor Products Holdings, Limited	  	United Kingdom	  	no restriction	  	100	  	Coltec Industries Inc
					
	Compressor Products International Canada, Inc.	  	Canada	  	unlimited	  	11,000,001	  	EnPro Luxembourg Holding Company S.a.r.l.

  
  

	1 	Unless otherwise noted, all Equity Interests are common or the equivalent and all ownership percentages are 100%. 

 Schedule 6.13 

Subsidiaries 
  

									
	 Name
	  	 Jurisdiction of
Organization
	  	 Authorized Shares
	  	 Issued & Outstanding
Shares
	  	 Issued
to1

					
	Compressor Products International Colombia S.A.S.	  	Colombia	  	44,500	  	44,500	  	Compressor Products International Canada, Inc.
					
	Compressor Products International GmbH	  	Germany	  	Registered share capital of EUR 500,000	  	500,000	  	Garlock GmbH
					
	Compressor Products International Limited	  	United Kingdom	  	18,000 preferred ordinary shares and 109,964 ordinary shares	  	10,000 preferred ordinary and 109,964 ordinary shares	  	Compressor Products Holdings Limited
					
	Compressor Products International LLC	  	Delaware	  	n/a	  	100 units	  	Coltec Industries Inc
					
	Compressor Products International Ltda.	  	Brazil	  	n/a	  	8,378,927	  	99% by Compressor Products International Limited and 1% by CPI Investments Limited
					
	Compressor Products International (Shanghai) Co., Ltd.	  	China	  	Registered Capital: $1,400,000 USD	  	n/a	  	EnPro Hong Kong Holdings Company Limited
					
	CPI Service (Thailand) Ltd.	  	Thailand	  	Registered Capital: 10,000,000 Baht	  	100,000	  	Coltec Industries Pacific Pte. Ltd (45%), CPI Asia Co., Ltd. (54.9%) Mr. Ken Walker (0.1%)
					
	CPI Asia Co. Ltd.	  	Thailand	  	Registered Capital: 500,000 Baht	  	2,250 Ordinary; 2,750 Preferred	  	 750 ordinary shares issued to David Schroeder

1,500 ordinary shares issued to Ken Walker
 2750 preferred shares
issued to Suwanna Seangchansri2

					
	CPI Investments Limited	  	United Kingdom	  	no restriction	  	1,000	  	Compressor Products International Limited

  
  

	2	CPI Asia Co. Ltd. is controlled by Coltec Industries Pacific Pte. Ltd 

 Schedule 6.13 

Subsidiaries 
  

									
	 Name
	  	 Jurisdiction of
Organization
	  	 Authorized Shares
	  	 Issued & Outstanding
Shares
	  	 Issued
to1

	CPI Pacific Pty Limited	  	Australia	  	1,000	  	1,000	  	Compressor Products International Limited
					
	CPI-Liard S.A.S.	  	France	  	Registered Capital 3,014,350.00 Euros	  	3,173	  	Coltec Industries France SAS
					
	EnPro Associates, LLC	  	North Carolina	  	N/A	  	N/A	  	Coltec Industries Inc
					
	EnPro Corporate Management Consulting (Shanghai) Co., Ltd.	  	China	  	 Registered Capital:
 $150,000 USD
	  	 N/A
	  	EnPro Hong Kong Holdings Company Limited
					
	EnPro German Holding GmbH	  	Germany	  	25,000	  	25,000	  	EnPro Luxembourg Holding Company S.a.r.l.
					
	EnPro Hong Kong Holdings Company Limited	  	Hong Kong	  	10,000	  	10,000	  	Coltec Industries Inc
					
	EnPro International Trade (Shanghai) Co. Ltd.	  	China	  	 Registered Capital:
 $140,000 USD
	  	 N/A
	  	Coltec Industries Inc
					
	EnPro Luxembourg Holding Company S.a.r.l.	  	Luxembourg	  	30,000	  	30,000	  	GGB, Inc.
					
	Fairbanks Morse Engine France E.U.R.L.	  	France	  	8,787,845	  	8,787,845	  	GGB, Inc.
					
	Franken Plastik GmbH	  	Germany	  	Registered share capital of DEM 2,000,000	  	1	  	Garlock GmbH
					
	Garlock (Great Britain) Limited	  	United Kingdom	  	no restriction	  	2,515,000	  	Coltec Industries Inc

 Schedule 6.13 

Subsidiaries 
  

									
	 Name
	  	 Jurisdiction of
Organization
	  	 Authorized Shares
	  	 Issued & Outstanding
Shares
	  	 Issued to
1

					
	Garlock GmbH	  	Germany	  	Registered share capital of EUR 767,000	  	1	  	EnPro German Holding GmbH
					
	Garlock India Private Limited	  	India	  	10,000,000	  	9,722,882	  	Coltec Industries Pacific Pte. Ltd (99.9999%) Garlock GmbH (0.00001%)
					
	Garlock Pipeline Technologies Limited	  	United Kingdom	  	1,500,000	  	1,500,000	  	Garlock (Great Britain) Limited
					
	Garlock Pipeline Technologies, Inc.	  	Colorado	  	119,042	  	119,042	  	Coltec Industries Inc
					
	Garlock Sealing Technologies (Shanghai) Co., Ltd.	  	China	  	Registered Capital: $1,700,000 USD	  	 N/A
	  	Enpro Hong Kong Holdings Company Limited
					
	Garlock Singapore Pte. Ltd.	  	Singapore	  	354,026	  	354,026	  	Coltec Industries Pacific Pte. Ltd
					
	Garlock Taiwan Corporation	  	Taiwan	  	500,000	  	500,000	  	Coltec Industries Pacific Pte. Ltd
					
	GGB Austria GmbH	  	Austria	  	Registered Capital: EUR 944.746,84	  	 N/A
	  	GGB, Inc.
					
	GGB Bearing Technology (Suzhou) Co., Ltd	  	China	  	Registered Capital: 11,200,000 USD	  	 N/A
	  	GGB, Inc.
					
	GGB Brasil Industria De Mancais E Componentes Ltda.	  	Brazil	  	 N/A
	  	4,315,422	  	GGB, Inc (99.9%) Coltec Industries Inc (0.1%)
					
	GGB France E.U.R.L.	  	France	  	Registered Capital: 17,787,845.00 Euros	  	 N/A
	  	Fairbanks Morse Engine France E.U.R.L.

 Schedule 6.13 

Subsidiaries 
  

									
	 Name
	  	 Jurisdiction of
Organization
	  	 Authorized Shares
	  	 Issued & Outstanding
Shares
	  	 Issued
to1

					
	GGB Heilbronn GmbH	  	Germany	  	Registered share capital of EUR 25,000	  	25,000	  	EnPro German Holding GmbH
					
	GGB Italy s.r.l.	  	Italy	  	Registered capital: 10,000 Euros	  	 N/A
	  	GGB, Inc.
					
	GGB Kunststoff-Technologie GmbH	  	Germany	  	Registered share capital of EUR 35,000	  	2	  	GGB Heilbronn GmbH
					
	GGB LLC	  	Delaware	  	 N/A
	  	 N/A
	  	Coltec Industries Inc
					
	GGB Real Estate GmbH	  	Germany	  	Registered share capital of EUR 25,000	  	EUR 25,000	  	GGB, Inc.
					
	GGB Slovakia s.r.o	  	Slovak Republic	  	 N/A
	  	 N/A
	  	EnPro Luxembourg Holding Company S.a.r.l. (95.4%); GGB, Inc. (4.53%)
					
	GGB Tristar Suisse S.A.	  	Switzerland	  	Registered Capital: 125,000 CHF	  	250	  	GGB, Inc.
					
	GGB, Inc.	  	Delaware	  	1,000	  	1,000	  	Coltec Industries Inc
					
	Industria de Compressores Ltda.	  	Brazil	  	 N/A
	  	10,094,710	  	 Compressor Products International Ltda. (99.99999%)

Compressor Products International Limited (0.00001%)

					
	Kenlee Daytona LLC	  	Delaware	  	N/A	  	N/A	  	Best Holdings I, Inc.
					
	Link Seal Japan Ltd.	  	Japan	  	800	  	200	  	Coltec Industries Pacific Pte. Ltd (50%)
					
	Pipeline Seal & Insulator Co. Limited	  	United Kingdom	  	no restriction	  	1,500,000 ordinary	  	Garlock (Great Britain) Limited
					
	Player & Cornish Limited	  	United Kingdom	  	no restriction	  	1,000 ordinary shares	  	Compressor Products International Limited
					
	PSI Products GmbH	  	Germany	  	Registered share capital of EUR 51,200	  	1	  	Fraken Plastiks GmbH

 Schedule 6.13 

Subsidiaries 
  

									
	 Name
	  	 Jurisdiction of
Organization
	  	 Authorized Shares
	  	 Issued & Outstanding
Shares
	  	 Issued
to1

					
	Robix Limited	  	United Kingdom	  	100,000	  	100,000	  	Compressor Products International Limited
					
	SD Friction, LLC	  	Delaware	  	N/A	  	N/A	  	Stemco KAISER Incorporated
					
	Stemco Holdings, Inc.	  	Delaware	  	1,000	  	1,000	  	Coltec Industries Inc
					
	STEMCO Kaiser Incorporated	  	Michigan	  	 10,000 preferred shares
 2,000 common
shares
	  	540 common shares	  	Coltec Industries Inc
					
	Stemco LP	  	Texas	  	 N/A
	  	 N/A
	  	 Stemco Holdings, Inc. (99%)
 Coltec Industries Inc
(1%)

					
	Stemco Products, Inc.	  	Delaware	  	1000	  	1000	  	Stemco Holdings, Inc.
					
	Stemco Vehicle Technology (Shanghai) Company Limited	  	China	  	Registered Capital: $1,000,000 USD	  	 N/A
	  	EnPro Hong Kong Holdings Company Limited
					
	Stempro De Mexico, S. de R.L. de C.V.	  	Mexico	  	Registered Capital: 3,000 Pesos	  	3000	  	 Coltec International Services Co. (25%)
 Coltec
Industries Inc (75%)

					
	Technetics Group Daytona, Inc.	  	Delaware	  	1,000	  	100	  	Best Holdings I, Inc.
					
	Technetics Group France SAS	  	France	  	Registered Capital is 4,840,000 EUR	  	302,500	  	Coltec Industries France SAS
					
	Technetics Group Germany GmbH	  	Germany	  	25,000	  	25,000	  	EnPro German Holding GmbH
					
	Technetics Group LLC	  	North Carolina	  	 N/A
	  	 N/A
	  	Coltec Industries Inc

 Schedule 6.13 

Subsidiaries 
  

									
	 Name
	  	 Jurisdiction of
Organization
	  	 Authorized Shares
	  	 Issued & Outstanding
Shares
	  	 Issued
to1

					
	Technetics Group Singapore Pte. Ltd.	  	Singapore	  	717,976	  	717,976	  	Technetics Group Daytona, Inc.
					
	Technetics Group UK Limited	  	United Kingdom	  	no restriction	  	200 ordinary	  	Garlock (Great Britain) Limited
					
	Technetics UK Limited	  	United Kingdom	  	no restriction	  	1 ordinary	  	Technetics Group UK Limited

 There are no outstanding options, warrants, rights of conversion, or purchase and other similar rights with respect to each
Subsidiary’s Equity Interests. 

 Schedule 6.17 

IP Rights 
  

	1.	Patents 

  

									
	 Loan Party
	  	 Title
	  	 Filing Date
	  	 Patent Number /
Serial Number
	  	 Issue Date

	Compressor Products International LLC	  	INDICATOR-PORTED VALVES FOR RECIPROCATING COMPRESSORS	  	23-Jan-1995	  	 5,567,121
 08/376,234
	  	22-Oct-1996
					
	Garlock Pipeline Technologies, Inc.	  	TANDEM SEAL DEVICE FOR FLOW LINE APPLICATIONS	  	15-Oct-1993	  	5,564,715	  	15-Oct-1996
					
	Garlock Pipeline Technologies, Inc.	  	SCREENED GASKET FOR HIGH PRESSURE FLUID TRASMISSION APPLICATION	  	24-Jan-1997	  	5,758,882	  	02-Jun-1998
					
	Stemco LP	  	VENTED HUBCAP	  	31-Jan-1995	  	 5,785,390
 08/381,699
	  	28-Jul-1998
					
	Compressor Products International LLC	  	INTEGRATED FLUID FLOW EVALUATION APPARATUS AND METHOD	  	15-Sep-1995	  	 5,835,372
 08/528,865
	  	10-Nov-1998
					
	Compressor Products International LLC	  	REPLACEABLE CYLINDER PISTON ASSEMBLY FOR A LUBRICATOR PUMP	  	15-Sep-1995	  	 5,662,023
 08/529,277
	  	02-Sep-1997
					
	GGB, Inc.	  	PLAIN BEARING	  	08-Dec-1995	  	 5,911,514
 08/553,597
	  	15-Jun-1999
					
	Stemco LP	  	HUBCAP WITH VENTED CLOSURE	  	15-Dec-1995	  	 5,752,746
 08/572,921
	  	19-May-1998
					
	Technetics Group LLC	  	PROCESS FOR PRODUCING FILLED POLYTETRAFLUOROETHYLENE RESIN COMPOSITE MATERIALS AND PRODUCTS	  	28-Feb-1996	  	 5,697,390
 08/608,304
	  	16-Dec-1997
					
	Technetics Group LLC	  	INGREDIENT FILLED POLYTETRAFLUOROETHYLENE DENTAL FLOSS DEVOID TO GRIP ENHANCING COATING	  	10-Jul-1996	  	 5,911,228
 08/678,619
	  	15-Jun-1999
					
	Garlock Pipeline Technologies, Inc.	  	INCREASED PRESSURE FLUID CARRYING PIPELINE SYSTEM AND METHOD THEREFOR	  	10-Feb-1997	  	 5,938,246
 08/798,362
	  	17-Aug-1999

 Schedule 6.17 

IP Rights 
  

									
	 Loan Party
	  	 Title
	  	 Filing Date
	  	 Patent Number /
Serial Number
	  	 Issue Date

					
	Stemco LP	  	CONTAMINANT EXCLUDING HUBCAP VENT PLUG	  	11-Jul-1997	  	 5,860,708
 08/891,477
	  	19-Jan-1999
					
	Stemco LP	  	UNITIZED WHEEL HUB AND BEARING ASSEMBLY WITH LUBRICANT DISTRIBUTING VANES	  	14-Aug-1997	  	 5,904,427
 08/916,978
	  	18-May-1999
					
	Stemco LP	  	HUB SEAL WITH MACHINABLE THRUST RING	  	24-Oct-1997	  	 5,997,005
 08/957,807
	  	07-Dec-1999
					
	Stemco Products, Inc.	  	GRAY IRON COMPOSITION AND BRAKE COMPONENTS FORMED THEREOF	  	17-Dec-1997	  	 5,948,353
 08/992,781
	  	07-Sep-1999
					
	Stemco LP	  	EARLY WARNING DEVICE FOR TIRE RIMS AND HUB ASSEMBLIES	  	12-Feb-1998	  	 5,959,365
 09/022,537
	  	28-Sep-1999
					
	Stemco LP	  	HUB SEAL WITH MACHINABLE THRUST RING AND LAY-DOWN SEALING LIP	  	26-Mar-1998	  	 6,170,833
 09/048,379
	  	09-Jan-2001
					
	Stemco LP	  	HUB SEAL WITH LOW INSTALLATION LOAD AND ROTATION PREVENTION STRUCTURE	  	22-Jun-1998	  	 6,158,743
 09/102,534
	  	12-Dec-2000
					
	Stemco Products, Inc.	  	COMPOSITE BRAKE DRUM	  	29-Dec-1998	  	 6,241,056
 09/222,211
	  	05-Jun-2001
					
	Stemco Products, Inc.	  	COMPOSITE BRAKE DRUM HAVING A BALANCING SKIRT	  	29-Dec-1998	  	 6,206,150
 09/222,511
	  	27-Mar-2001
					
	GGB, Inc.	  	METHOD OF FORMING A BEARING	  	06-May-1999	  	 6,289,590
 09/297,791
	  	18-Sep-2001
					
	Stemco LP	  	LUBRICANT DISTRIBUTING VANES FOR UNITIZED WHEEL HUB AND BEARING ASSEMBLY	  	02-Jun-1999	  	 6,200,037
 09/324,329
	  	13-Mar-2001
					
	Stemco Products, Inc.	  	METHOD OF MAKING A BRAKE DRUM RING	  	30-Jul-1999	  	 6,148,498
 09/364,781
	  	21-Nov-2000
					
	GGB, Inc.	  	PRELOADED CUSHIONED BEARING ASSEMBLY	  	09-Jun-2000	  	 6,416,226
 09/581,281
	  	09-Jul-2002

 Schedule 6.17 

IP Rights 
  

									
	 Loan Party
	  	 Title
	  	 Filing Date
	  	 Patent Number /
Serial Number
	  	 Issue Date

					
	Compressor Products International LLC	  	FIRE-RESISTANT FLANGE SPACER	  	08-Nov-2000	  	 6,484,749
 09/708,260
	  	26-Nov-2002
					
	Compressor Products International LLC	  	VALVE FOR SENSING AT LEAST ONE CONDITION WITHIN A COMPRESSOR	  	08-Dec-2000	  	 6,485,265
 09/733,142
	  	26-Nov-2002
					
	Compressor Products International LLC	  	PROFILED PLATE VALVE	  	11-Jan-2001	  	 6,510,868
 09/759,779
	  	28-Jan-2003
					
	GGB, Inc.	  	BEARING MATERIAL	  	05-Feb-2001	  	 6,461,679
 09/762,336
	  	08-Oct-2002
					
	Technetics Group LLC	  	ABRASION-RESISTANT POLYTETRAFLUOROETHYLENE TAPE	  	14-Nov-2001	  	 7,008,989
 09/992,776
	  	07-Mar-2006
					
	Stemco LP	  	LOW TORQUE SEAL ASSEMBLY	  	26-Apr-2002	  	 6,845,986
 10/134,134
	  	25-Jan-2005
					
	Stemco LP	  	LUBRICANT MONITORING SYSTEM	  	29-May-2002	  	 6,776,261
 10/157,566
	  	17-Aug-2004
					
	Stemco LP	  	LOW TORQUE SEAL ASSEMBLY WITH OPEN CELL FILTER MEDIA	  	31-May-2002	  	 6,722,657
 10/159,991
	  	20-Apr-2004
					
	Compressor Products International LLC	  	FLUID FLOW MONITORING SYSTEM	  	20-Jun-2002	  	 6,823,270
 10/176,385
	  	23-Nov-2004
					
	Technetics Group LLC	  	METHOD OF MANUFACTURING A PTFE PREFORM USING THERMAL FUSION	  	05-Aug-2002	  	 6,743,511
 10/212,631
	  	01-Jun-2004
					
	Compressor Products International LLC	  	FLUID FLOW MONITOR AND CONTROL SYSTEM	  	26-Mar-2003	  	 6,850,849
 10/402,205
	  	01-Feb-2005
					
	Stemco LP	  	ELECTRONIC HUBODOMETER	  	30-Oct-2003	  	 6,940,940
 10/697,743
	  	06-Sep-2005
					
	GGB, Inc.	  	BOREABLE PLAIN BEARING MATERIAL	  	03-Mar-2004	  	 7,491,353
 10/792,429
	  	17-Feb-2009
					
	Compressor Products International LLC	  	 FLUID DIVIDER BLOCK
 SUITABLE FOR USE AT HIGH

PRESSURES
	  	01-Apr-2004	  	 7,096,889
 10/816,212
	  	29-Aug-2006

 Schedule 6.17 

IP Rights 
  

									
	 Loan Party
	  	 Title
	  	 Filing Date
	  	 Patent Number /
Serial Number
	  	 Issue Date

					
	Stemco LP	  	REMOTE COMMUNICATION DEVICE AND SYSTEM FOR COMMUNICATION	  	04-Jun-2004	  	 7,710,239
 10/861,119
	  	04-May-2010
					
	Compressor Products International LLC	  	FLUID FLOW MONITORING SYSTEM	  	22-Nov-2004	  	 7,379,827
 10/996,129
	  	27-May-2008
					
	Compressor Products International LLC	  	FLUID FLOW MONITOR AND CONTROL SYSTEM	  	03-Dec-2004	  	 7,720,574
 11/003,932
	  	18-May-2010
					
	GGB, Inc.	  	VALVE MONITORING SYSTEM AND METHOD	  	20-May-2005	  	 7,318,350
 11/134,182
	  	15-Jan-2008
					
	Compressor Products International LLC	  	CYCLE INDICATOR FOR FLUID DISTRIBUTION SYSTEMS	  	21-Jul-2005	  	 7,461,670
 11/186,461
	  	09-Dec-2008
					
	Stemco LP	  	GRAVITY BASED BRAKE STROKE SENSOR METHODS AND SYSTEMS	  	10-Aug-2005	  	 7,398,141
 11/201,009
	  	08-Jul-2008
					
	Compressor Products International LLC	  	CHECK VALVE AND METHOD AND APPARATUS FOR EXTENDING LIFE OF CHECK VALVE	  	26-Apr-2006	  	 8,720,648
 11/411,424
	  	13-May-2014
					
	GGB, Inc.	  	PLASTIC SHOES FOR COMPRESSORS	  	30-May-2007	  	 7,849,783
 11/755,394
	  	14-Dec-2010
					
	Stemco LP	  	SELF-LOCKING NUT	  	10-Sep-2007	  	 7,811,038
 11/852,510
	  	12-Oct-2010
					
	Compressor Products International LLC	  	ENVIRONMENTAL COMPRESSOR PROTECTION ASSEMBLY	  	04-Oct-2007	  	 8,069,950
 11/867,487
	  	06-Dec-2011
					
	Compressor Products International LLC	  	ENVIRONMENTAL COMPRESSOR PROTECTION ASSEMBLY	  	04-Oct-2007	  	 7,806,235
 11/867,519
	  	05-Oct-2010
					
	Stemco LP	  	METHODS AND SYSTEMS FOR MONITORING OF MOTOR VEHICLE FUEL EFFICIENCY	  	15-Oct-2007	  	 8,214,103
 11/872,444
	  	03-Jul-2012
					
	Compressor Products International LLC	  	CYCLE INDICATOR FOR FLUID DISTRIBUTION SYSTEMS	  	03-Mar-2008	  	 D570,236
 29/304,491
	  	03-Jun-2008
					
	Garlock Pipeline Technologies, Inc.	  	ISOLATION GASKET SYSTEM INCORPORATING SECONDARY SEAL AND COMPRESSION LIMITER	  	28-Mar-2008	  	 7,976,074
 12/058,498
	  	12-Jul-2011

 Schedule 6.17 

IP Rights 
  

									
	 Loan Party
	  	 Title
	  	 Filing Date
	  	 Patent Number /
Serial Number
	  	 Issue Date

					
	Technetics Group Daytona, Inc.	  	APPARATUS, METHOD AND COMPUTER PROGRAM PRODUCT FOR MODIFYING A SURFACE OF A COMPONENT	  	03-Apr-2008	  	 8,073,572
 12/061,900
	  	06-Dec-2011
					
	Compressor Products International LLC	  	CYCLE INDICATOR FOR FLUID DISTRIBUTION SYSTEMS	  	03-Jun-2008	  	 D591,627
 29/319,038
	  	05-May-2009
					
	Stemco LP	  	GRAVITY BASED BRAKE STROKE SENSOR METHODS AND SYSTEMS	  	07-Jul-2008	  	 8,078,375
 12/168,795
	  	13-Dec-2011
					
	Compressor Products International LLC	  	ENVIRONMENTAL COMPRESSOR PROTECTION ASSEMBLY	  	01-Aug-2008	  	 D597,630
 29/322,344
	  	04-Aug-2009
					
	GGB, Inc.	  	METAL-BACKED PLAIN BEARING	  	25-Aug-2008	  	12/197,904	  	
					
	Compressor Products International LLC	  	FLUID DIVIDER BLOCK	  	30-Jan-2009	  	 D615,619
 29/331,773
	  	11-May-2010
					
	Technetics Group LLC	  	HIGH TEMPERATURE DYNAMIC SEAL	  	27-Mar-2009	  	 8,006,982
 12/413,203
	  	30-Aug-2011
					
	Compressor Products International LLC	  	CHECK VALVE AND METHOD AND APPARATUS FOR EXTENDING LIFE OF CHECK VALVES	  	14-Apr-2009	  	 8,622,082
 12/423,375
	  	07-Jan-2014
					
	Compressor Products International LLC	  	CYCLE INDICATOR FOR FLUID DISTRIBUTION SYSTEMS	  	05-May-2009	  	 D613,631
 29/336,545
	  	13-Apr-2010
					
	Technetics Group Daytona, Inc.	  	HEATER ASSEMBLY	  	14-Jul-2009	  	12/502,786	  	
					
	Compressor Products International LLC	  	FLUID DIVIDER BLOCK SUITABLE FOR USE AT HIGH PRESSURES	  	20-Oct-2009	  	 8,555,927
 12/582,569
	  	15-Oct-2013
					
	Stemco LP	  	ON-BOARD LOW-POWER VEHICLE CONDITION INDICATOR	  	12-Nov-2009	  	12/617,433	  	
					
	Compressor Products International LLC	  	CYCLE INDICATOR FOR FLUID DISTRIBUTION SYSTEMS	  	12-Apr-2010	  	 D639,193
 29/359,497
	  	07-Jun-2011
					
	Compressor Products International LLC	  	FLUID FLOW MONITOR AND CONTROL SYSTEM	  	13-Apr-2010	  	 7,970,558
 12/759,468
	  	28-Jun-2011
					
	Compressor Products International LLC	  	FLUID DIVIDER BLOCK	  	10-May-2010	  	 D656,224
 29/361,348
	  	30-Mar-2012

 Schedule 6.17 

IP Rights 
  

									
	 Loan Party
	  	 Title
	  	 Filing Date
	  	 Patent Number /
Serial Number
	  	 Issue Date

					
	Stemco LP	  	MULTIPLE ACCELEROMETER APPARATUS FOR COUNTING ROTATIONS OF AN OBJECT, AND METHODS OF USE	  	23-Jul-2010	  	 8,352,210
 12/842,446
	  	08-Jan-2013
					
	Stemco LP	  	SINGLE PIECE NUT ASSEMBLY	  	30-Jul-2010	  	 8,403,611
 12/847,959
	  	26-Mar-2013
					
	Compressor Products International LLC	  	FLUID FLOW MONITOR AND CONTROL SYSTEM	  	25-May-2011	  	 8,561,477
 13/115,737
	  	22-Oct-2013
					
	Garlock Pipeline Technologies, Inc.	  	ISOLATION GASKET, SYSTEM AND METHOD OF MANUFACTURE	  	11-Jul-2011	  	 8,678,398
 13/180,411
	  	25-Mar-2014
					
	Technetics Group LLC	  	ANNULAR SEALING DEVICE	  	08-Sep-2011	  	13/227,931	  	
					
	Compressor Products International LLC	  	ENVIRONMENTAL COMPRESSOR PROTECTION ASSEMBLY	  	06-Dec-2011	  	13/312,691	  	
					
	GGB, Inc.	  	SLIDING LAYER FOR MULTILAYER BEARING MATERIAL	  	16-Jul-2014	  	14/333,242	  	
					
	Compressor Products International LLC	  	LUBRICATOR PUMP ADJUSTER	  	29-Jun-2012	  	13/538,979	  	
					
	Stemco LP	  	CENTRAL TIRE INFLATION SYSTEM ROTARY AIR UNION	  	05-Feb-2013	  	13/759,758	  	
					
	Stemco LP	  	WIRELESS PROPORTIONAL FLOW INDICATION FOR A TIRE INFLATION SYSTEM	  	06-Feb-2013	  	13/760,678	  	
					
	Stemco LP	  	HUB CAP	  	21-Aug-2013	  	29/464,802	  	
					
	Compressor Products International LLC	  	CHECK VALVE AND METHOD AND APPARATUS FOR EXTENDING LIFE OF CHECK VALVE	  	04-Sep-2013	  	14/018,023	  	
					
	Garlock Pipeline Technologies, Inc.	  	CYCLONIC DEBRIS REMOVAL APPARATUSES AND ASSOCIATED METHODS	  	04-Sep-2013	  	14/018,227	  	
					
	Stemco LP	  	CENTRAL TIRE INFLATION SYSTEM PRESSURE REGULATOR	  	18-Sep-2013	  	14/030,855	  	

 Schedule 6.17 

IP Rights 
  

									
	 Loan Party
	  	 Title
	  	 Filing Date
	  	 Patent Number /
Serial Number
	  	 Issue Date

					
	Stemco LP	  	STEERING SPINDLE REPAIR KIT AND ASSOCIATED APPARATUS AND METHODS	  	23-Sep-2013	  	61/881,295	  	
					
	Stemco LP	  	LOCKABLE SINGLE NUT ASSEMBLY	  	10-Oct-2013	  	14/051,292	  	
					
	Compressor Products International LLC	  	FLUID DIVIDER BLOCK SUITABLE FOR USE AT HIGH PRESSURES	  	15-Oct-2013	  	14/053,718	  	
					
	Technetics Group LLC	  	COAXIAL ROTARY SHAFT FEEDTHROUGH WITH BACKLASH REDUCTION	  	06-Dec-2013	  	14/099,724	  	
					
	Stemco LP	  	AXLE DRILL	  	09-Apr-2014	  	14/248,882	  	
					
	Technetics Group LLC	  	ENERGIZED SPRING SEAL FOR FLOATING VALVE SEAT	  	28-May-2014	  	14/289,317	  	

 Schedule 6.17 

IP Rights 
  

	2.	Trademarks 

  

											
	 Loan Party
	  	 Trademark
	 	Registration/(Application)
Number	 	 	Registration/(Application)
Date	 
	 Compressor Products International LLC
	  	CVP	 	 	3,675,283	  	 	 	9/1/2009	  
				
	 Compressor Products International LLC
	  	FLUR-O-FRAN	 	 	807,815	  	 	 	5/3/1966	  
				
	 Compressor Products International LLC
	  	FRANCE	 	 	662,591	  	 	 	6/3/1958	  
				
	 Compressor Products International LLC
	  	NEOMAG	 	 	3,675,282	  	 	 	9/1/2009	  
				
	 Technetics Group LLC
	  	PLASTI-THREAD	 	 	769,027	  	 	 	5/5/1964	  
				
	 Technetics Group LLC
	  	PLASTOLON	 	 	3,042,223	  	 	 	1/10/2006	  
				
	 Compressor Products International LLC
	  	POPR	 	 	3,738,330	  	 	 	1/12/2010	  
				
	 Compressor Products International LLC
	  	PREMIER	 	 	1,980,786	  	 	 	6/18/1996	  
				
	 Technetics Group LLC
	  	PRIME-ETCH	 	 	3,277,482	  	 	 	8/7/2007	  
				
	 Compressor Products International LLC
	  	PRO FLO	 	 	3,781,132	  	 	 	4/27/2010	  
				
	 Compressor Products International LLC
	  	PRO-GRESS	 	 	1,579,869	  	 	 	1/30/1990	  
				
	 Compressor Products International LLC
	  	PROTECTING COMPRESSORS WORLD WIDE	 	 	3,773,979	  	 	 	4/13/2010	  
				
	 Compressor Products International LLC
	  	PROTECTING COMPRESSORS WORLD WIDE	 	 	3,779,958	  	 	 	4/27/2010	  
				
	 Compressor Products International LLC
	  	XDC	 	 	3,682,107	  	 	 	9/15/2009	  
				
	 Coltec Industries Inc
	  	ALCO	 	 	573,224	  	 	 	4/14/1953	  
				
	 Technetics Group LLC
	  	AMICON	 	 	3,355,162	  	 	 	12/18/2007	  
				
	 Technetics Group LLC
	  	CHEMISEAL	 	 	439,630	  	 	 	7/6/1948	  

 Schedule 6.17 

IP Rights 
  

											
	 Loan Party
	  	 Trademark
	 	Registration/(Application)
Number	 	 	Registration/(Application)
Date	 
				
	 Coltec Industries Inc
	  	ENVIRO DESIGN	 	 	1,896,777	  	 	 	5/30/1995	  
				
	 Coltec Industries Inc
	  	FAIRBANKS-MORSE	 	 	1,297,387	  	 	 	9/25/1984	  
				
	 Technetics Group LLC
	  	PLASTOMER TECHNOLOGIES	 	 	3,475,201	  	 	 	7/29/2008	  
				
	 Technetics Group LLC
	  	RELIC WRAP	 	 	3,708,465	  	 	 	11/10/2009	  
				
	 Technetics Group LLC
	  	SOLAR THREAD	 	 	3,674,805	  	 	 	8/25/2009	  
				
	 Technetics Group LLC
	  	TEXOLON	 	 	3,287,867	  	 	 	9/7/2007	  
				
	 Garlock Pipeline Technologies, Inc.
	  	PIKOTEK	 	 	1,868,276	  	 	 	12/20/1994	  
				
	 GGB, Inc.
	  	DX	 	 	1,711,161	  	 	 	9/1/1992	  
				
	 GGB, Inc.
	  	DX10 WITH DURASTRONG TECHNOLOGY & Design	 	 	3,616,793	  	 	 	5/5/2009	  
				
	 GGB, Inc.
	  	GGB	 	 	3,634,366	  	 	 	6/9/2009	  
				
	 GGB, Inc.
	  	HI-EX	 	 	1,727,003	  	 	 	10/27/1992	  
				
	 Stemco LP
	  	A HIGHER STANDARD OF PERFORMANCE	 	 	2,216,106	  	 	 	1/5/1999	  
				
	 Stemco LP
	  	AIRBAT	 	 	3377995	  	 	 	2/5/2008	  
				
	 Stemco LP
	  	BAT RF	 	 	3,054,033	  	 	 	1/31/2006	  
				
	 Stemco LP
	  	CREST XL	 	 	3,897,802	  	 	 	12/28/2010	  
				
	 Stemco LP
	  	DATATRAC	 	 	2,754,422	  	 	 	8/19/2003	  
				
	 Stemco LP
	  	DISCOVER	 	 	2332418	  	 	 	3/21/2000	  
				
	 Stemco LP
	  	ENDEAVOR	 	 	3,759,220	  	 	 	3/9/2010	  
				
	 Stemco LP
	  	GRIT GUARD	 	 	1,034,829	  	 	 	3/2/1976	  
				
	 Stemco LP
	  	GUARDIAN	 	 	884,653	  	 	 	1/20/1970	  
				
	 Stemco LP
	  	GUARDIAN	 	 	1,120,036	  	 	 	6/12/1979	  

 Schedule 6.17 

IP Rights 
  

											
	 Loan Party
	  	 Trademark
	 	Registration/(Application)
Number	 	 	Registration/(Application)
Date	 
				
	 Stemco LP
	  	GUARDIAN HP	 	 	2,282,686	  	 	 	10/5/1999	  
				
	 Stemco LP
	  	HANDBAT	 	 	3377998	  	 	 	2/5/2008	  
				
	 Stemco LP
	  	HORIZON SP	 	 	3,838,970	  	 	 	8/24/2010	  
				
	 Stemco LP
	  	HUBODOMETER	 	 	2,272,084	  	 	 	8/24/1999	  
				
	 Stemco LP
	  	PRO-TORQ	 	 	1,044,631	  	 	 	7/27/1976	  
				
	 Stemco LP
	  	SENTINEL	 	 	2,214,200	  	 	 	12/29/1998	  
				
	 Stemco LP
	  	STEMCO	 	 	788,516	  	 	 	4/20/1965	  
				
	 Stemco LP
	  	STEMCO	 	 	1016820	  	 	 	7/29/1975	  
				
	 Stemco LP
	  	STEMCO ESP	 	 	2,606,528	  	 	 	8/13/2002	  
				
	 Stemco LP
	  	TRACBAT	 	 	3378000	  	 	 	2/5/2008	  
				
	 Stemco LP
	  	ULTRA PEAK	 	 	3,836,046	  	 	 	8/17/2010	  
				
	 Stemco LP
	  	VISTA HP	 	 	3,901,389	  	 	 	1/4/2011	  
				
	 Stemco LP
	  	VOYAGER	 	 	2,267,694	  	 	 	8/3/1999	  
				
	 Stemco LP
	  	WEBBAT	 	 	3,651,761	  	 	 	7/7/2009	  
				
	 Technetics Group Daytona, Inc.
	  	TARATEX	 	 	3614883	  	 	 	5/5/2009	  
				
	 Technetics Group LLC
	  	BELFAB	 	 	3316807	  	 	 	10/23/2007	  
				
	 Technetics Group LLC
	  	BELFAB	 	 	1855524	  	 	 	9/27/2004	  
				
	 Stemco Products, Inc.
	  	CENTRIFUSE	 	 	2,906,812	  	 	 	11/30/2004	  
				
	 Stemco Products, Inc.
	  	CENTRIFUSE LITE	 	 	2,823,924	  	 	 	3/16/2004	  
				
	 Stemco Products, Inc.
	  	INTRA-CAST	 	 	(86/296789	) 	 	 	(5/30/2014	) 
				
	 Stemco Products, Inc.
	  	CENTRISET	 	 	3,605,255	  	 	 	4/14/2009	  
				
	 Stemco Products, Inc.
	  	MOTOR WHEEL	 	 	1,524,390	  	 	 	2/14/1989	  
				
	 EnPro Industries, Inc.
	  	ENPRO INDUSTRIES and Design	 	 	(86/150506	) 	 	 	(12/22/2013	) 
				
	 EnPro Industries, Inc.
	  	ENPRO INDUSTRIES and Design	 	 	(86/150503	) 	 	 	(12/22/2013	) 
				
	 Garlock Pipelines Technologies, Inc.
	  	GPT	 	 	4,495,624	  	 	 	3/11/2014	  
				
	 Garlock Pipelines Technologies, Inc.
	  	LINEBACKER 61	 	 	3,934,129	  	 	 	3/22/2011	  
				
	 Garlock Pipelines Technologies, Inc.
	  	SIDEWINDER	 	 	3,648,936	  	 	 	6/30/2009	  

 Schedule 6.17 

IP Rights 
  

											
	 Loan Party
	  	 Trademark
	 	Registration/(Application)
Number	 	 	Registration/(Application)
Date	 
				
	 Garlock Pipelines Technologies, Inc.
	  	RISER-WRAP	 	 	3,207,622	  	 	 	2/13/2007	  
				
	 Garlock Pipelines Technologies, Inc.
	  	LINK-SEAL and Design	 	 	2,927,719	  	 	 	2/22/2005	  
				
	 Garlock Pipelines Technologies, Inc.
	  	PYRO-PAC	 	 	2,916,036	  	 	 	1/04/2005	  
				
	 Garlock Pipelines Technologies, Inc.
	  	THUNDERLINE LINK-SEAL MODULAR SEALS and Design	 	 	2910337	  	 	 	12/14/2004	  
				
	 Garlock Pipelines Technologies, Inc.
	  	LINEBACKER	 	 	2869333	  	 	 	8/03/2004	  
				
	 Garlock Pipelines Technologies, Inc.
	  	ELECTROSTOP	 	 	2862660	  	 	 	7/13/2004	  
				
	 Garlock Pipelines Technologies, Inc.
	  	RANGER II	 	 	2575116	  	 	 	6/04/2002	  
				
	 Garlock Pipelines Technologies, Inc.
	  	CENTURY-LINE	 	 	2350294	  	 	 	5/16/2000	  
				
	 Garlock Pipelines Technologies, Inc.
	  	THUNDERLINE	 	 	1,237,316	  	 	 	5/10/1983	  
				
	 Garlock Pipelines Technologies, Inc.
	  	LINE BACKER	 	 	1,047,678	  	 	 	9/07/1976	  
				
	 Garlock Pipelines Technologies, Inc.
	  	LINK-SEAL	 	 	1,018,693	  	 	 	8/26/1975	  
				
	 Garlock Pipelines Technologies, Inc.
	  	ELECTROSERVICE	 	 	(86/266511	) 	 	 	(4/29/2014	) 
				
	 GGB, Inc.
	  	GGB-CBM	 	 	4,539,821	  	 	 	5/27/2014	  
				
	 GGB, Inc.
	  	GGB-CSM	 	 	4,539,820	  	 	 	5/27/2014	  
				
	 GGB, Inc.
	  	MEGALIFE	 	 	4,320,441	  	 	 	4/16/2013	  
				
	 GGB, Inc.
	  	GGB BEARING TECHNOLOGY and Design	 	 	4,229,301	  	 	 	10/23/2012	  
				
	 GGB, Inc.
	  	HI-EX	 	 	2,732,398	  	 	 	7/01/2003	  
				
	 GGB, Inc.
	  	DU	 	 	684,742	  	 	 	9/08/1959	  
				
	 GGB, Inc.
	  	HPMB	 	 	(86/292756	) 	 	 	(5/30/2014	) 

 Schedule 6.17 

IP Rights 
  

											
	 Loan Party
	  	 Trademark
	 	Registration/(Application)
Number	 	 	Registration/(Application)
Date	 
				
	 GGB, Inc.
	  	SICAL	 	 	(85/892944	) 	 	 	(4/02/2013	) 
				
	 GGB, Inc.
	  	PICAL	 	 	(85/892932	) 	 	 	(4/02/2013	) 
				
	 GGB, Inc.
	  	FLASH-CLICK	 	 	(85/892399	) 	 	 	(4/01/2013	) 
				
	 GGB, Inc.
	  	DTS10	 	 	(85/872860	) 	 	 	(3/11/2013	) 
				
	 GGB LLC
	  	PI BEARING TECHNOLOGIES	 	 	3,796,616	  	 	 	6/01/2010	  
				
	 Stemco LP
	  	MAKING THE ROADWAYS SAFER	 	 	4,540,728	  	 	 	5/27/2014	  
				
	 Stemco LP
	  	AERIS BY STEMCO	 	 	4,310,288	  	 	 	3/26/2013	  
				
	 Stemco LP
	  	STEMCO and Design	 	 	2,275,460	  	 	 	9/07/1999	  
				
	 Stemco LP
	  	DEFENDER	 	 	(86/024672	) 	 	 	(7/31/2013	) 
				
	 Stemco LP
	  	Design only	 	 	(86/089272	) 	 	 	(10/11/2013	) 
				
	 Stemco LP
	  	AERIS SMARTSENSE	 	 	(86/199484	) 	 	 	(2/20/2014	) 
				
	 STEMCO Kaiser Incorporated
	  	VANFASTIC	 	 	2,004,352	  	 	 	10/01/1996	  
				
	 Technetics Group LLC
	  	ORIGRAF	 	 	4,426,613	  	 	 	10/29/2013	  
				
	 Technetics Group LLC
	  	CEFIL’AIR	 	 	4,426,612	  	 	 	10/29/2013	  
				
	 Technetics Group LLC
	  	ENGINEERED SOLUTIONS FOR DEMANDING ENVIRONMENTS	 	 	4,350,271	  	 	 	6/11/2013	  
				
	 Technetics Group LLC
	  	TECHNETICS	 	 	4,276,601	  	 	 	1/15/2013	  
				
	 Technetics Group LLC
	  	TECHNETICS	 	 	4,243,015	  	 	 	11/13/2012	  
				
	 Technetics Group LLC
	  	HELICOFLEX	 	 	1,180,816	  	 	 	12/08/1981	  
				
	 GGB, Inc.
	  	HPF	 	 	(86/358847	) 	 	 	(8/6/2014	) 

 Schedule 6.17 

IP Rights 
  

	3.	Copyrights 

  

					
	 Loan Party
	  	 Copyright
	  	 Registration/(Application)
Number

	Stemco LP	  	No. 122 Instruction Manual Instructions for use and care of the ramset dual-action tool	  	KK 52620
			
	Stemco LP	  	Ramset Fastening System Light Duty Model	  	AA 121862
			
	Stemco LP	  	Ramset Fastening System Heavy Duty Model	  	AA 121863
			
	Stemco LP	  	Ramset 122 Fastener Specification Sheet	  	KK 39473
			
	Stemco LP	  	The Stemco Corporation	  	KK 67949
			
	Stemco LP	  	DataBAT	  	TX 6-164-408
			
	Coltec Industries Inc	  	ENGINE DIAGNOSTIC PROGRAM AND INSTRUCTIONS	  	TX 3-375-008
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions 3800TD8-1/8 Model 38TD8-1/8 Diesel Stationary	  	TX 625-885
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions 3800D8-1/8 Model 38D8-1/8 Diesel Stationary	  	TX 625-886
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions 3800D8-1/8 Model 38DD8-1/8 Dual Fuel	  	TX 625-887
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions 3800TD8-1/8 Model 38TDD8-1/8 Dual Fuel	  	TX 625-888
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions 3800TD8-1/8 Model 38TD8-1/8 Diesel Marine	  	TX 625-889
			
	Coltec Industries Inc	  	Colt*-Pielstick Type PC-2.5V Diesel Engines Instructions Type PC-2.5V Diesel	  	TX 625-890
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions 3800D8-1/8 Model 38D8-1/8 Diesel Marine	  	TX 625-891
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions 3800D8-1/8 Model 38DS8-1/8 Spark Ignition	  	TX 625-892
			
	Coltec Industries Inc	  	Colt-Pielstick PC-2 Series Diesels for Power Generation (Sales bulletin – File 3038C)	  	TX 639-031

 Schedule 6.17 

IP Rights 
  

					
	 Loan Party
	  	 Copyright
	  	 Registration/(Application)
Number

			
	Coltec Industries Inc	  	From the makers of Fairbanks Morse Engines—the world’s most experienced marine diesel, Colt-Pielstick.	  	TX 639-032
			
	Coltec Industries Inc	  	Colt-Pielstick PC-2 Series Diesels for Marine Service (Sales bulletin – File 3034C)	  	TX 705-278
			
	Coltec Industries Inc	  	Engine description, Colt-Pielstick PC2.5 diesel engines : [file no. 3076]	  	TX 705-279
			
	Coltec Industries Inc	  	Colt-Pielstick Type PC-2.3 V Diesel Engines Instructions Type PC-2.3V Dual Fuel	  	TX 1-393-078
			
	Coltec Industries Inc	  	Colt-Pielstick type PC-2V diesel engines, instructions type PC-2V diesel marine.	  	TX 1-393-079
			
	Coltec Industries Inc	  	Colt-Pielstick type PC-2.3V diesel engines, instructions type PC-2.3V diesel engines.	  	TX 1-393-080
			
	Coltec Industries Inc	  	Colt-Pielstick type PC-2V diesel engines, instructions type PC-2V diesel.	  	TX 1-393-081
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions 3800TDS8-1/8 Model 38TDS8-1/8 Spark Ignition	  	TX 1-393-082
			
	Coltec Industries Inc	  	Fairbanks Morse Opposed Piston Engines Instructions P3800F5-1/4 Model 38F5-1/4	  	TX 1-515-312
			
	Coltec Industries Inc	  	Fairbanks Morse—Ignition Generator—9000RT Catalog	  	TX 2-216-607
			
	Technetics Group LLC	  	AEROSPACE Engineered Solutions for Demanding Environments	  	TX 7-609-712
			
	Technetics Groups LLC	  	SEMICONDUCTOR Engineered Solutions For Demanding Environments	  	TX 7-619-089
			
	Technetics Group LLC	  	OIL & GAS Engineered Solutions for Demanding Environments	  	TX 7-619-101
			
	Coltec Industries Inc	  	TA-7 FUEL CONTROL SYSTEM TECHNICAL DRAWINGS VOLUME #1 Collection of Technical Drawings	  	VAu 338-209
			
	Coltec Industries Inc	  	TA-7 FUEL CONTROL SYSTEM TECHNICAL DRAWINGS VOLUME #2 Collection of Technical Drawings	  	VAu 338-210

 Schedule 6.17 

IP Rights 
  

					
	 Loan Party
	  	 Copyright
	  	 Registration/(Application)
Number

			
	Coltec Industries Inc	  	TA-7 FUEL CONTROL SYSTEM TECHNICAL DRAWINGS VOLUME #4 Collection of Technical Drawings	  	VAu 338-211
			
	Coltec Industries Inc	  	TA-7 FUEL CONTROL SYSTEM TECHNICAL DRAWINGS VOLUME #3 Collection of Technical Drawings	  	VAu 338-212
			
	Technetics Group LLC	  	Technetics Group Website 1.0	  	VAu 1-127-343
			
	Garlock Pipeline Technologies, Inc.	  	Experience counts: engineering manual (2005)	  	TX6405293
			
	Garlock Pipeline Technologies, Inc.	  	Experience counts: engineering manual (2005): engineering manual, sleeves and hole forms (2005)	  	TX6203508
			
	Garlock Pipeline Technologies, Inc.	  	Selection guide (2005)	  	TX6405292
			
	Garlock Pipeline Technologies, Inc.	  	Link-Seal pocket guide (2006)	  	TX6203507
			
	Garlock Pipeline Technologies, Inc.	  	Selection guide (2006)	  	TX6548863

  

	4.	Loan Parties’ licensing arrangements 

  

	 	a.	License Agreement, dated January 9, 1995, between MAN B&W Diesel Aktiengesellschaft and Coltec Industries Inc regarding MAN B&W 4-stroke Diesel and dual fuel engines, as renewed on July 15, 2003 and
amended on December 22, 2006, February 26, 2011 and June 8, 2011. 

  

	 	b.	License Agreement, dated July 5, 1968, between Societe D’Etudes De Machines Thermiques and Fairbanks Morse Engine Division of Coltec Industries Inc regarding Type “PC” SEMT-PIELSTICK engines, as
amended on April 20, 1983, January 1, 1993, May 20, 2003, June 4, 2013, December 28, 2013 and July 23, 2014. 

  

	 	c.	License Agreement, dated October 14, 1999, between Societe D’Etudes De Machines Thermiques and Fairbanks Morse Engine Division of Coltec Industries Inc regarding Type “PA6” SEMT-PIELSTICK engines, as
amended on April 22, 2003, June 4, 2013, December 28, 2013 and July 23, 2014. 

  

	 	d.	Patent License Agreement, dated October 29, 2013, between Fairbanks Morse Engine, a division of Coltec Industries Inc, and Achates Power, Inc. relating to opposed-piston engine technology patents.

 Schedule 6.17 

IP Rights 
  

	 	e.	License Agreement dated June 26, 2003 between Alien Technology Corporation and Stemco LLC relating to RFID technology and patents. 

 

	 	f.	Nonexclusive License Agreement dated July 2004 between S&A Systems, Inc. and Stemco LLC relating to U.S. Patent No. 5,524,034. 

 

	 	g.	Co-Existence Agreement dated January 7, 2014 between Coltec Industries Inc and Pentair Flow Technologies, LLC relating to Fairbanks Morse trademark. 

 Schedule 6.20(a) 

Locations of Real Property 
  

					
	 Loan Party
	  	 Address
	  	Owned/Leased
	EnPro Industries, Inc.	  	 5605 Carnegie Blvd., Suite 500
 Charlotte, NC
28209
	  	leased
			
	STEMCO Kaiser Incorporated	  	 4641 Industrial Drive
 Millington, MI
48746
	  	leased
			
	Stemco Products, Inc.	  	 37770 Amrhein Road
 Livonia, MI 48150
	  	leased
			
	Compressor Products International LLC	  	 Curtis & Nancy Roys
 3201 West Wall St

Midland, TX 79701
	  	leased
			
	Compressor Products International LLC	  	 4410 Greenbriar Dr.
 Stafford, TX 77477
	  	owned – Excluded Property
			
	Compressor Products International LLC	  	 105 William Leigh Dr.
 Tully Town, PA
19007
	  	leased
			
	Compressor Products International LLC	  	 11540 Sun Belt Ct.
 Baton Rouge, LA
70809
	  	leased
			
	Compressor Products International LLC	  	 19520 Rancho Way, #206
 Rancho Dominguez, CA
90220
	  	leased
			
	Compressor Products International LLC	  	 1236 Turnbull Bay Rd.
 New Smyrna Beach, FL
32168
	  	leased
			
	Compressor Products International LLC	  	 695B Buckhorn Dr.
 Rifle, CO 81650
	  	leased
			
	Compressor Products International LLC	  	 1117 Energy St.
 Gillette, WY 82716
	  	leased
			
	Coltec Industries Inc	  	 701 White Avenue
 Beloit, WI 53511
	  	owned
			
	Coltec Industries Inc	  	 981 Scott Street
 Norfolk, VA 23502
	  	leased
			
	Coltec Industries Inc	  	 12253 FM 529
 Houston, TX 77041
	  	leased
			
	Coltec Industries Inc	  	 18926 S 13th Place
 SeaTac, WA 98148
	  	leased
			
	Coltec Industries Inc	  	 1545 Tidelands Avenue
 Suites H, I, J, K, L
& M
 National City, CA 91950
	  	leased

 Schedule 6.20(a) 

Locations of Real Property 
  

					
	 Loan Party
	  	 Address
	  	Owned/Leased
	Coltec Industries Inc.	  	 1220 12th Street

Suite G010
 Washington, DC 20003
	  	leased
			
	GGB LLC	  	 700 Mid Atlantic Parkway
 Thorofare, NJ
08086-1870
	  	owned
			
	GGB LLC	  	 1451 Metropolitan Ave.
 Thorofare, N.J.
08096
	  	leased
			
	Coltec Industries Inc	  	 201 Dana Drive
 Paragould, AR 72450
	  	owned – Excluded Property
			
	Technetics Group, LLC	  	 2791 The Boulevard
 Columbia, SC 29209
	  	owned
			
	Technetics Group, LLC	  	 2770 The Boulevard
 Columbia, SC 29209
	  	leased
			
	Coltec Industries Inc	  	 3125 Damon Way
 Burbank, CA 91505
	  	leased
			
	Garlock Pipeline Technologies, Inc.	  	 4990 Iris St.
 Wheat Ridge, CO 80033
	  	owned
			
	Coltec Industries Inc	  	 10633 W. Little York Rd
 Houston, TX
77041
	  	leased
			
	Technetics Group, LLC	  	 6455 Clara Road
 Suite 100

Houston, TX 77041
	  	leased
			
	STEMCO Kaiser Incorporated	  	 113 Hemlock Street
 Rome, GA 30161
	  	leased
			
	Stemco LP	  	 300 Industrial Blvd.
 Longview, TX
75602
	  	owned
			
	STEMCO Kaiser Incorporated	  	 4599 Industrial Drive
 Millington, MI
48746
	  	leased
			
	Coltec Industries Inc	  	 1700 E. International Speedway Blvd.
 DeLand, FL
32724
	  	owned
			
	Technetics Group Daytona, Inc.	  	 305 Fentress Boulevard
 Daytona Beach, FL
32114
	  	leased
			
	Technetics Group Daytona, Inc.	  	 482-C Fentress Boulevard
 Daytona Beach, FL
32114
	  	leased

 Schedule 6.20(a) 

Locations of Real Property 
  

					
	 Loan Party
	  	 Address
	  	Owned/Leased
	Technetics Group Daytona, Inc.	  	 480-M Fentress Boulevard
 Daytona Beach, FL
32114
	  	leased
			
	Technetics Group Daytona, Inc.	  	 480-L Fentress Boulevard
 Daytona Beach, FL
32114
	  	leased
			
	Technetics Group Daytona, Inc.	  	 Units G, H, I and J
 831 Bransten Road

San Carlos, CA 94070
	  	leased
			
	Stemco Products, Inc.	  	 2660 Sidney Street
 Chattanooga, TN
37408
	  	owned
			
	Stemco Products, Inc.	  	 159 Glades Road
 Berea, KY 40403
	  	owned
			
	STEMCO Kaiser Incorporated	  	 218 Old Lindale Rd
 Rome, GA 30161
	  	leased
			
	STEMCO Kaiser Incorporated	  	 4515 Industrial Dr
 Millington, MI
48746
	  	leased
			
	STEMCO Kaiser Incorporated	  	 21 Kirlon St.
 Rome, GA 30165
	  	leased
			
	Coltec Industries Inc	  	 519 W. Fifth Street
 Clare, MI 48617
	  	owned – Excluded Property
			
	Coltec Industries Inc	  	 900 Farnam Dr.
 Village of Necadah, WI
54646
	  	owned – Excluded Property
			
	Coltec Industries Inc	  	 211 W. Palmetto St.
 Arcadia, FL 34266
	  	owned – Excluded Property
			
	Coltec Industries Inc	  	Water Valley, MS	  	owned – Excluded Property
			
	Coltec Industries Inc	  	Paris, TN	  	owned – Excluded Property
			
	Coltec Industries Inc	  	St. Johnsbury, VT	  	owned – Excluded Property
			
	Coltec Industries Inc	  	Gastonia, NC	  	owned – Excluded Property

 Schedule 6.20(a) 

Locations of Real Property 
  

					
	 Loan Party
	  	 Address
	  	Owned/Leased
	Coltec Industries Inc	  	Long Island, NY	  	owned – Excluded Property
			
	Coltec Industries Inc	  	Syracuse, NY	  	owned – Excluded Property
			
	Coltec Industries Inc	  	Pine Bluff, AR	  	owned – Excluded Property

 Schedule 6.20(b) 

Taxpayer and Organizational Identification Numbers 
  

					
	 Loan Party
	  	Taxpayer
Identification
Number	  	 Organizational

Identification

Number

	EnPro Industries, Inc.	  	01-0573945	  	0615908 (SOSID)
	Applied Surface Technology, Inc.	  		  	C1834919 (Entity No.)
	Belfab, Inc.	  		  	4096492 (File No.)
	Best Holdings I, Inc.	  		  	4096507 (File No.)
	Coltec Industries Inc	  		  	629585 (Entity No.)
	Coltec International Services Co.	  		  	2632687 (File No.)
	Compressor Products International LLC	  		  	3473650 (File No.)
	EnPro Associates, LLC	  		  	1335761 (SOSID)
	Garlock Pipeline Technologies, Inc.	  		  	19911066125 (ID No.)
	GGB, Inc.	  		  	3404639 (File No.)
	GGB LLC	  		  	3061016 (File No.)
	Kenlee Daytona LLC	  		  	4061839 (File No.)
	SD Friction, LLC	  		  	5401327 (File No.)
	STEMCO Kaiser Incorporated	  		  	025902 (ID No.)
	Stemco LP	  		  	800432044 (File No.)
	Stemco Holdings, Inc.	  		  	3897524 (File No.)
	Stemco Products, Inc.	  		  	4037701 (File No.)
	Technetics Group Daytona, Inc.	  		  	4096510 (File No.)
	Technetics Group LLC	  		  	1213790 (SOSID)

 Schedule 6.20(c) 

Changes in Legal Name, State of Formation and Structure 
  

			
	 Loan Party
	  	 Change in Legal Name

	 Compressor Products International LLC
  
	  	Coltec Industrial Products LLC (October 26, 2011)
	 Garlock Pipeline Technologies, Inc.
  
	  	Corrosion Control Corporation (March 1, 2012)
	 STEMCO Kaiser Incorporated
  
	  	V.W. Kaiser Engineering, Incorporated (August 3, 2010)
	Stemco Products, Inc.	  	 Motorwheel Commercial Vehicle Systems, Inc. (March 28, 2013)

 

	Technetics Group Daytona, Inc.	  	Tara Technologies Corporation (August 24, 2011)

  

			
	 Date
	  	 Merger/Consolidation/Acquisition

	 November 18, 2009
  
	  	 Acquisition by Stemco, L.P of 50% interest in Stemco Crewson LLC, a joint venture with TRAMEC LLC

 

	 July 30, 2010
  
	  	 Acquisition by Coltec Industrial Products LLC of all of the issued and outstanding Equity Interests of Premier Lubrication Systems, Inc. and
Progressive Equipment, Inc.
  

	 September 23, 2010
  
	  	 Merger of Progressive Equipment, Inc. with and into Coltec Industrial Products LLC

 

	 July 29, 2011
  
	  	 Acquisition by Technetics Group LLC of all of the issued and outstanding capital stock and other Equity Interests of Best Holdings I, Inc.
from Best Holdings I, LLC
  

	 March 28, 2012
  
	  	 Acquisition by Stemco Holdings, Inc. of all the issued and outstanding shares of capital stock and other Equity Interests of Motor Commercial
Vehicle Systems, Inc. from Precision Partners Holding Company
  

	February 28, 2014	  	Acquisition by Stemco, LP of all of the Units held by Tramec, L.L.C. in Stemco Crewson LLC (Stemco LP sole Member after Acquisition)

 Schedule 6.21 

Labor Matters 
 Collective Bargaining Agreements:

  

	 	1.	Agreement between Technetics Group Daytona, Inc. and Technetics Group Daytona, Inc. Production Unit of Local Union No. 15 Sheet Metal Workers’ International Association, AFL-CIO, January 1, 2013 –
January 31, 2018 

  

	 	2.	Agreement between GGB LLC and Local No. 81134 of the Industrial Division of Communication Workers of America, AFL-CIO, November 20, 2010 – November 20, 2014 

 

	 	3.	Agreement between Fairbanks Morse Engine and United Steel, Paper & Forestry, Rubber, Manufacturing, Energy, Allied Industrial & Service Workers International Union, A.F.L.-C.I.O., Local Union
1533, August 17, 2014 – August 13, 2017 

 Schedule 8.01 

Liens Existing on the Closing Date 
  

	 	1.	Security Interest in U.S. Trademark No. 1018693 granted by Garlock Pipeline Technologies, Inc. in favor of Comerica Bank (Recorded August 1, 1995 at Reel 1420 Frame 0250). 

 

	 	2.	Security Interest in U.S. Trademark Nos. 1237316 and 1018693 granted by Garlock Pipeline Technologies, Inc. in favor of National Association of Credit Management, as Trustee of the Thunderline Creditor Trust (Recorded
April 25, 1995 at Reel 1355 Frame 0355). 

  

	 	3.	Security Interest in U.S. Trademark Nos. 1237316 and 1018693 granted by Garlock Pipeline Technologies, Inc. in favor of Robert Gignac and Robert Gignac as Trustee (Recorded April 25, 1995 at Reel 1354 Frame 0848).

  

	 	4.	Security Interest in certain equipment granted by EnPro Industries, Inc. to NMHG Financial Services, Inc. (UCC-1 Financing Statement filed on 6/6/2008 with the North Carolina Secretary of State). 

 Schedule 8.02 

Investments Existing on the Closing Date 
 Coltec
Industries Pacific Pte. Ltd is the owner of 50% (100 shares) of the common, voting shares of Link Seal Japan, Ltd., a Japanese company. 
 Promissory Note
dated May 31, 2002 made by Coltec Industries Inc in favor of EnPro Industries, Inc. in the principal sum of Two Hundred and One Million, Nine Hundred Thousand Dollars ($201,900,000.00). 

 Schedule 8.03 

Indebtedness Existing on the Closing Date 
  

					
	1.	  	Lender:	    	Coltec Industries Inc
		  	Borrower:	    	CPI Service (Thailand) Ltd.
		  	Effective:	    	May 31, 2011
		  	Currency:	    	THB
		  	Principal Amount:	    	15,175,000
		  	Maturity:	    	May 31, 2012
		  	Terms:	    	one year auto renewal
			
	2.	  	Lender:	    	Garlock Sealing Technologies LLC
		  	Borrower:	    	Coltec do Brasil Productos Industriais Ltda.
		  	Effective:	    	April 26, 2005
		  	Currency:	    	USD
		  	Principal Amount:	    	$110,000
		  	Maturity:	    	April 26, 2006
		  	Terms:	    	one year

 3. Credit facility agreement between Garlock Pipeline Technologies Limited, as Borrower, and HSBC Bank plc, as Lender, in the
amount of £220,000. 
  

	4.	Capital Leases 

  

	 	•	 	Lease Agreement between Gaines Daytona Florida, LLC (as successor to Burns Properties (PE-FL) LLC) and Technetics Group Daytona Inc. (as successor to PerkinElmer, Inc.), dated as of November 14, 2001, for certain
real property located at 305 Fentress Boulevard, Daytona Beach, Florida. 

  

	 	•	 	Lease Agreement between Technetics Group UK Limited (as successor to Wide Range Elastomers Ltd.) and Close Asset Finance, dated as of October 1, 2009, for certain equipment with £1,318.00 in monthly lease
obligations. 

  

	 	•	 	Master Lease Agreement between NMHG Financial Services, Inc. and EnPro Industries, Inc., dated as of March 26, 2008, for certain equipment with $580.71 in monthly lease obligations. 

 Schedule 11.02 

Certain Addresses for Notices 
 If to Borrower
Representative: 
 Coltec Industries Inc 
 5605 Carnegie
Blvd, Suite 500 
 Charlotte, NC 28209-4674 
 Phone
(704) 731-1500 
 robin.vanover@enpro.us 
 If to
the Administrative Agent: 
 Agent’s Office 

(for payments and Requests for Credit Extensions): 
 Bank
of America, N.A. 
 101 N. Tryon St 
 Charlotte, NC 28255 

Attention: Jelani Ford 
 Email: Jelani.s.ford@baml.com 

Account No.: 
 Ref: Coltec Industries/EnPro Industries 

ABA# 
 Account Name: Credit Services 

Other Notices as Administrative Agent: 
 Bank of
America, N.A. 
 Agency Management Global Client Services Operations 

135 South LaSalle Street, 9th Floor 

Chicago, IL 60603 
 Attention: Denise Jones; AVP, Agency Mgmt
Officer III 
 Telephone: (312) 828-1846 
 Facsimile:
(877) 206-8413 
 Email: denise.j.jones@baml.com 

If to the L/C Issuer: 
 Bank of America, N.A. 

Trade Operations – Scranton Office 
 1 Fleet Way – 2nd Floor 
 Mail Code: PA6-580-02-30 

Scranton, PA 18507 
 Attention: Al Malave, Vice President 

Telephone: (570) 496-9622 
 Facsimile: (800) 755-8743

 Email: Alfonzo.malave@baml.com 

 Schedule 11.02 

Certain Addresses for Notices 
 If to the Swing Line
Lender: 
 Bank of America, N.A. 
 101 N. Tryon St. 

Charlotte, NC 28255 
 Attention: Jelani Ford 

Email: Jelani.s.ford@baml.com 
 Account No.: 

Ref: Coltec Industries/EnPro Industries 
 ABA# 

Account Name: Credit ServicesScanSource Ex10.19 06.30.14 Q4 10K

Exhibit 10.19

EXECUTION COPY

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) between ScanSource, Inc., a South Carolina corporation (“Company”), and Michael L. Baur (“Executive”) (collectively the “Parties”) is effective as of July 1, 2014 (“Effective Date”).
BACKGROUND
The Company and the Executive are parties to that certain Amended and Restated Employment Agreement originally dated as of June 6, 2011, as amended effective as of July 1, 2012 (the “Existing Agreement”), which amended and restated an Employment Agreement originally dated as of June 30, 2008, which amended and restated an Employment Agreement originally dated as of October 13, 2005 between the Company and the Executive, and which Existing Agreement expires June 30, 2014.
The Company desires to continue to employ Executive as Chief Executive Officer, and Executive is willing to continue to serve in such capacity, and the parties desire to document the terms and conditions of such employment as stated in this Agreement.   
In consideration of the foregoing and of the mutual commitments below, including but not limited to the grant of a performance-based restricted stock unit award and the provision of modified severance, retirement and other benefits and restrictive covenants (as further described below), and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
1.Employment. On the Effective Date, Executive will be employed in the capacity stated above with such commensurate responsibilities as are assigned to him by the Company’s Board of Directors (the “Board”).
2.    Employment Period.
(a)    Unless earlier terminated in accordance with Section 5, the Agreement shall be for a term (the “Employment Period”), beginning on the Effective Date and ending on June 30, 2017, the Employment Period End Date.  Provided, however, that if a Change in Control, as defined in Exhibit C hereto, occurs during the Employment Period, the ending date of the Employment Period will be extended so that it expires on the later of the Employment Period End Date or the first anniversary of the date on which the Change in Control initially occurred.
(b)    If the Company does not renew the Agreement, or enter into a new employment agreement with Executive with the same or similar terms as the Agreement, as of the Employment Period End Date, the Executive may choose one of the following two 

options: (i) the Executive will voluntarily resign from employment with the Company as of the Employment Period End Date and the Company will pay to Executive, on the 30th day after the Employment Period End Date, an amount equal to one (1) times the highest combined annual Base Salary and Variable Compensation earned by Executive from the Company, including any such amounts earned but deferred, in the last three (3) fiscal years before the Employment Period End Date, less normal withholdings; or (ii) the Executive may elect to continue employment with the Company on an at-will basis and, for a maximum of one year following the Employment Period End Date, receive the same salary and incentive compensation opportunity as in effect in the last year of the Agreement.
The Parties agree and acknowledge that: (i) nothing in this Section 2(b) nor any action the Company may take pursuant to this Section 2(b) will give rise to a claim by Executive for termination without Cause, termination for Good Reason, or termination due to the Executive’s Retirement or the normal expiration of the Executive’s Employment Period or for Severance Benefits or any amounts or benefits other than those specifically enumerated in this Section 2(b); (ii) Executive will not be entitled to receive any amounts or benefits under this Section 2(b) if Executive is otherwise entitled to receive or receives benefits under Section 6(a)(iii) of this Agreement or if Executive is in violation of Section 11; and (iii) Executive must execute and provide to the Company a Release, and the period for revoking same must have expired, before the 30th day following the Employment Period End Date in order to receive any amounts or benefits under this Section 2(b).  Nothing in this Section 2(b) will prohibit Executive’s employment from being terminated for Cause or for any other event enumerated in this Agreement.
3.    Extent of Service.  During the Employment Period, Executive agrees to devote his business time, attention, skill and efforts exclusively to the faithful performance of his duties hereunder.  Provided, however, that it shall not be a violation of this Agreement for Executive to (i) devote reasonable periods of time to charitable and community activities and, with the approval of the Board or the Compensation Committee of the Board (the “Compensation Committee”), industry or professional activities, and/or (ii) manage personal business interests and investments, so long as these activities do not interfere with the performance of Executive’s responsibilities under this Agreement.
4.    Compensation and Benefits; Policies.
(a)    Base Salary.  During the Employment Period, the Company will pay to Executive a base salary at the rate specified on Exhibit A (“Base Salary”), less normal withholdings, payable in equal monthly or more frequent installments as are customary under the Company’s payroll practices from time to time.  The Compensation Committee will review the Executive’s Base Salary annually and in their sole discretion may increase (but not decrease) Executive’s Base Salary from year to year. This annual review of Executive’s Base Salary will consider, among other things, Executive’s performance and the Company’s performance.  If Executive becomes eligible during the Employment Period to receive benefits under the Company’s short-term disability policy, the Company will continue to pay Executive’s Base Salary; provided, however, that Executive’s Base Salary 

2

during such period will be reduced by any amounts Executive receives under the short-term disability policy.
(b)    Equity  Compensation, Variable Compensation, Savings and Retirement Plans.  During the Employment Period, Executive will be entitled to participate in all deferred compensation, savings and retirement plans, practices, policies and programs applicable to senior executive officers of the Company (the “Peer Executives”) pursuant to their terms. Further, the Executive will also be eligible to receive certain equity-based compensation and certain cash-based variable compensation (such cash-based compensation, the “Variable Compensation”), in each case based on the performance or other criteria established periodically by the Committee, as specified on Exhibit A.  The Committee, at its discretion, may award to Executive additional bonuses or other amounts as it deems necessary or deserving based on Executive’s performance.  The Executive also will be eligible to receive such additional benefits as are described on Exhibit A.
(c)    Welfare Benefit Plans.  During the Employment Period, Executive and Executive’s eligible dependents may participate pursuant to their terms in the welfare benefit plans, practices, policies and programs provided by the Company which may include, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans and programs (the “Welfare Plans”) to the extent applicable to Peer Executives. Contributions will be required by the Executive.  The Company may, in its sole discretion, modify, or change its Welfare Plans.
(d)    Expenses.  During the Employment Period, Executive will be entitled to receive reimbursement for all reasonable expenses incurred by Executive in accordance with the policies, practices and procedures of the Company and such reimbursements will be made no later than the last day of the year immediately following the year in which Executive incurs the reimbursable expense.  The amount of reimbursable expenses incurred in one taxable year shall not affect the expenses eligible for reimbursement in any other taxable year.  No right to reimbursement is subject to liquidation or exchange for other benefits.
(e)    Fringe Benefits. During the Employment Period, Executive will be entitled to fringe benefits, if any, in accordance with the plans, practices, programs and policies of the Company in effect for Peer Executives.
(f)    Vacation.  During each fiscal year during the Employment Period, Executive will be entitled to no less than the number of days of paid vacation specified on Exhibit A.  Executive may take vacation at the times Executive reasonably requests, subject to the prior approval of the person specified on Exhibit A.   Unused vacation time will not carry over to the next fiscal year and will not be paid upon termination of employment.
(g)    Clawback; Stock Ownership and Retention Policy.  Executive is subject to and will comply with the Company’s Compensation Recovery Policy (“Clawback Policy”) as the same may be revised or amended from time to time as applicable to Executive.  In 

3

addition, Executive agrees that he shall be subject to the Company’s Stock Ownership and Retention Policy, as in effect from time to time, as applicable to Executive. 

5.    Termination of Employment.
(a)    Death, Retirement or Disability.  Executive’s employment terminates automatically upon Executive’s death or Retirement during the Employment Period.  For purposes of this Agreement, “Retirement” means, unless the Compensation Committee determines otherwise, the occurrence of both (i) the Executive’s non-Cause termination of employment with the Company at any time on or after attaining a minimum age of 55 with 10 or more years of employment with the Company, and (ii) the Compensation Committee’s determination that the Executive’s termination qualifies as a retirement.  If the Company determines that the Executive has become disabled during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice of its intention to terminate Executive’s employment.  Executive’s employment with the Company will terminate effective on the 30th day after receipt of such written notice by Executive (the “Disability Effective Date”), unless, within the 30 days after such receipt, Executive has returned to full-time performance of Executive’s duties.  For purposes of this Agreement, “Disability” means a mental or physical disability as determined by the Board in accordance with standards and procedures similar to those under the Company’s long-term disability plan, if any.  If the Company has no long-term disability plan, “Disability” will mean the inability of Executive, as determined by the Board, to perform the essential functions of his regular duties and responsibilities, with or without reasonable accommodation, due to a medically determinable physical or mental condition which has lasted (or can reasonably be expected to last) for twelve workweeks in any twelve-month period.  At the request of Executive or his personal representative, the Board’s determination that the Disability of Executive has occurred will be certified by two physicians mutually agreed upon by Executive, or his personal representative, and the Company.  If the two physicians are unwilling to certify that the Executive is disabled, Executive’s termination will be deemed a termination by the Company without Cause and not a termination because of his Disability.
(b)    Termination by the Company.  The Company may terminate Executive’s employment with or without Cause.  For purposes of this Agreement, “Cause” means:
(i)    engaging in unethical or illegal conduct or misconduct, which includes but is not limited to violations of the Company’s policies concerning employee conduct; or
(ii)    the Executive’s breach of any material (as determined by the Board or the Compensation Committee) term of this Agreement.
Regardless of whether Executive’s employment initially is considered to be terminated for any reason other than Cause, the Executive’s employment will be considered to have been terminated 

4

for Cause for purposes of this Agreement if the Board or the Committee determines after Executive’s employment ends that the Executive violated Section 5(b) above while employed.
(c)    Termination by Executive.  Executive’s employment may be terminated by Executive for Good Reason or no reason.  For purposes of this Agreement, “Good Reason” means:
(i)    without the consent of Executive, the assignment to Executive of any duties materially inconsistent for a chief executive officer, excluding an isolated, insubstantial and inadvertent action taken in good faith which is remedied by the Company promptly after receipt of notice from Executive;
(ii)    a material reduction, without the consent of the Executive, by the Company in Executive’s Base Salary or a material reduction in Executive’s Variable Compensation opportunity;
(iii)    the failure by the Company (A) to continue in effect any compensation plan in which Executive participates as of the Effective Date that is material to Executive’s total base compensation, unless the Company provides a substantially equivalent alternative plan, or (B) to continue Executive’s participation in the alternative plan on a basis that is substantially equivalent in terms of the value of benefits provided, in each case unless the Executive so consents; 
(iv)    the Company’s requiring Executive, without his consent, to be based at any location that increases Executive’s normal work commute by fifty (50) miles or more as compared to Executive’s normal work commute or otherwise is a material change in the location at which Executive is based; 
(v)    any failure by the Company to comply with and satisfy Section 12(c) of this Agreement, unless the Executive so consents; 
(vi)    the material breach of this Agreement by the Company, unless the Executive so consents; or
(vii)    the termination of employment by the Executive during the 60-day period beginning on the six-month anniversary of a Change in Control, if the Company or a successor entity has not offered the Executive a new employment agreement after or in contemplation of a Change in Control with substantially the same or better compensation and terms and conditions of employment as are stated in this Agreement.
Executive must provide written notice to the Company of Executive’s intent to terminate employment for Good Reason within 30 days of the initial existence of the Good Reason.  The Company will have an opportunity to cure any claimed event of Good Reason within 30 days of notice from Executive.  The Board’s good faith determination of cure will be binding.  The Company will notify Executive in writing of the timely cure of any claimed 

5

event of Good Reason and how the cure was made.  Any Notice of Termination delivered by Executive based on a claimed Good Reason which was thereafter cured by the Company will be deemed withdrawn and ineffective to terminate this Agreement.  If the Company fails to cure any claimed event of Good Reason within 30 days of notice from Executive, Executive must terminate employment for such claim of Good Reason within 180 days of the initial existence of the Good Reason, and if Executive fails to do so, such claimed event of Good Reason will be deemed withdrawn and ineffective to terminate this Agreement.
(d)    Notice of Termination; Basis of Termination.  Any termination of Executive’s employment by the Company or by Executive must be communicated by Notice of Termination to the other Party in accordance with Section 13(f) of this Agreement.  For purposes of this Agreement, a “Notice of Termination” means a written notice which (i) states the specific termination provision in this Agreement relied upon, including whether such termination is for Cause or Good Reason, (ii) if such termination is for Cause or Good Reason, sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive’s employment under the provisions so indicated, and (iii) specifies the termination date.  The failure by Executive or the Company to set forth in the Notice of Termination any fact or circumstance which contributes to a showing of Good Reason or Cause will not waive any right of Executive or the Company, or preclude Executive or the Company from asserting applicable facts or circumstances in enforcing rights under this Agreement.  The Compensation Committee or the Board shall (except as otherwise provided in Section 5(a) with respect to Disability), have discretion to determine the basis for any termination of employment of Executive.
(e)    Date of Termination.  The “Date of Termination” means, unless the Parties otherwise agree in writing (other than with respect to death), the date specified in the Notice of Termination or, if Executive’s employment is terminated by reason of death, Retirement or Disability, the date of death or Retirement or the Disability Effective Date.
6.    Obligations of the Company upon Termination.
(a)    Termination by Executive for Good Reason; Termination by the Company Other Than for Cause, Death, Disability or Retirement; Effect of Expiration of Employment Period.  If, during the Employment Period: (i) the Company terminates Executive’s employment other than for Cause, death, Disability, or Retirement or the normal expiration of the Employment Period, or (ii) Executive terminates employment for Good Reason following the Company’s failure to cure such Good Reason as set forth in Section 5(c) of this Agreement, the Company will pay Executive the following amounts and provide the following benefits:
(iii)    Executive’s Base Salary earned through the Date of Termination to the extent not already paid (such amount is hereinafter referred to as the “Accrued Obligations”) will be paid as soon as practicable after the Date of Termination per the Company’s customary payroll practices; 

6

(iv)    to the extent not previously paid or provided and only if earned as of the Date of Termination, the Company will timely pay or provide to Executive any other amounts or benefits which Executive is eligible to receive under any plan, program, policy, practice, contract or agreement of the Company (the “Other Benefits”), pursuant to the terms of such Other Benefits; and
(v)    subject to Section 13(i) of this Agreement and Executive’s execution of a Release in substantially the form of Exhibit B hereto (the “Release”) within the time set forth in Section 6(g) of this Agreement, the Company will (1) pay to Executive the amount in (A) beginning with the Company’s first normal payroll cycle that occurs at least 30 days after the Date of Termination, (2) pay the amount in (B) as set forth below, and (3) provide the benefits in (C):
(A)    a single year of compensation in an amount equal to one (1) times the average annual Base Salary and Variable Compensation earned by Executive from the Company, including any such amounts earned but deferred, in the last three fiscal years before the Date of Termination (the “Average Compensation Amount”), less normal withholdings, and an additional amount (the “Retention Benefit”) equal to one-twelfth (1/12) times the Average Compensation Amount times the number of full years beyond ten (10) years that the Executive was consecutively employed by the Company prior to the Date of Termination, less normal withholdings (collectively the “Severance Benefits”); provided, however, that the maximum amount that Executive may receive under this Section 6(a)(iii)(A) is three (3) times the Average Compensation Amount, less normal withholdings. Notwithstanding the foregoing, if the Date of Termination occurs within 12 months after or prior to and otherwise in contemplation of (as determined by the Board or the Compensation Committee) a Change in Control, as defined in Exhibit C, Executive will receive Severance Benefits in an amount equal to three (3.0) times the Average Compensation Amount, less normal withholdings, but no Retention Benefit. With respect to any amounts due Executive under this Section 6(a)(iii)(A), the payments shall be made in bi-weekly installments pursuant to the Company’s normal payroll cycle during the term of the 24-month period referenced in Sections 11(c)(i) through 11(c)(vi).  If Executive is entitled to receive severance benefits under this Section 6(a)(iii)(A), then he shall not be entitled to receive severance benefits under the Company’s Severance Pay Plan for Officers, as such plan may be amended, or any successor plan.  The Average Compensation Amount defined herein is to exclude any fiscal years in which the Executive was not employed by the Company, include any partial fiscal years (which shall be annualized), and not include the then current fiscal year;
(B)    a bonus equal to the pro rata portion (based on the number of days elapsed in the current fiscal year through the Date of Termination) of the current fiscal year annual Variable Compensation, if any, that would 

7

otherwise be payable if the Executive had continued employment through the end of the current fiscal year based on actual performance (the “Pro Rata Bonus”). The Pro Rata Bonus, if any, less normal withholdings, will be paid within 30 days of the Committee’s certification that the Executive has met the necessary performance criteria, which will be no later than the later of March 15 following the end of the calendar year in which Executive’s right to the bonus vests or the 15th day of the third month following the end of the Company’s fiscal year in which Executive’s right to the bonus vests; and
(C)    for the period commencing on the Date of Termination and ending on the date Executive attains age 65 (the “Continuation Coverage Period”), Executive shall be entitled to participate (treating Executive as if he were an active employee of the Company for this purpose) in the Company’s medical (including prescription drug coverage) and dental plan (the “Company Health Care Plans”).  Executive shall pay the entire premium charged for the coverage of Executive and, if applicable, his dependents under the Company Health Care Plans.  During the first eighteen (18) months of the Continuation Coverage Period, the premium required for the continuation coverage provided pursuant to this paragraph (C) shall be equal to the premium required by the continuation of coverage requirements of Section 4980B of the Code and Part 6 of Title I of the Employee Retirement Income Security Act of 1974, as amended (“COBRA”) for such continuation coverage (the “COBRA Rate”).  During the remainder of the Continuation Coverage Period, the premium required for the continuation coverage shall be the greater of the COBRA Rate or the actuarially determined cost of the continuation coverage as determined by an actuary selected by the Company (i.e., the access only rate).  Upon attainment of age 65, the coverage of Executive and, if applicable, his eligible dependents under the Company Health Care Plans shall cease.  For years after age 65, funding for Executive’s post-termination medical benefit shall be determined assuming the Executive is enrolled in Medicare Parts A, B and D, obtains a Medicare supplemental (MediGap) policy until age 80 and pays the full cost for such coverage.  Company makes no representation to Executive regarding the tax consequences of any benefits that may be received pursuant to this Section 6(a)(iii)(C).  Executive agrees to pay any federal, state, or local taxes for which he may become personally liable as a result of any such benefits received.
(D)    Executive’s entitlement to receive or retain the amounts set forth in this Section 6 are conditioned on Executive’s compliance with the Restrictions on Conduct described in Section 11.  Executive’s breach or threatened breach of Section 11 shall entitle the Company to immediately cease any payments hereunder, or to refuse payment in the first instance, and the Company shall further be entitled to recover any payments previously made to Executive under this Section 6.

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(b)    Death.  If Executive’s employment is terminated because of Executive’s death during the Employment Period, this Agreement will terminate without further obligations to Executive or Executive’s legal representatives under this Agreement other than (i) the payment of Accrued Obligations as described in Section 6(a)(i), (ii) the payment of the Pro Rata Bonus as described in Section 6(a)(iii)(B), (iii) the payment of the benefits described in Section 6(a)(iii)(C), and (iv) the timely payment or provision of Other Benefits as described in Section 6(a)(ii) of this Agreement.  The Accrued Obligations and the Pro Rata Bonus will be paid to Executive’s estate or beneficiary, as applicable.  Other Benefits as used in this Section 6(b) will include, without limitation, and Executive’s estate and/or beneficiaries will be entitled to receive, benefits under such plans, programs, practices and policies relating to death benefits, if any, as are applicable to Executive on the date of his death pursuant to the terms of such Other Benefits.
(c)    Disability.  If Executive’s employment is terminated because of Executive’s Disability during the Employment Period, this Agreement will terminate without further obligations to Executive other than (i) the payment of Accrued Obligations as described in Section 6(a)(i), (ii) the payment of the Pro Rata Bonus as described in Section 6(a)(iii)(B), (iii) the payment of the benefits described in Section 6(a)(iii)(C), and (iv) the timely payment or provision of Other Benefits as described in Section 6(a)(ii) of this Agreement.  The term Other Benefits as used in this Section 6(c) includes, without limitation, and Executive will be entitled after the Disability Effective Date to receive, disability and other benefits under such plans, programs, practices and policies relating to disability, if any, as are applicable to Executive and his family on the Date of Termination pursuant to the terms of such Other Benefits.
(d)    Retirement. If Executive's employment is terminated because of Executive's Retirement during the Employment Period, this Agreement will terminate without further obligations to Executive other than (i) the payment of Accrued Obligations as described in Section 6(a)(i), (ii) the payment of the Pro Rata Bonus as described in Section 6(a)(iii)(B), (iii) the benefits described in Section 6(a)(iii)(C), and (iii) the timely payment or provision of Other Benefits as described in Section 6(a)(ii) of this Agreement.  The term Other Benefits as used in this Section 6(d)  includes, without limitation, and Executive will be entitled after the Date of Termination to receive, retirement and other benefits under such plans, programs, practices and policies relating to retirement, if any, as applicable to Executive on the Date of Termination pursuant to the terms of such Other Benefits.
(e)    Cause or Voluntary Termination without Good Reason.  If Executive’s employment is terminated for Cause during the Employment Period, or if Executive voluntarily terminates employment during the Employment Period without Good Reason, this Agreement will terminate without further obligations to Executive, other than for (i) the payment of Accrued Obligations as described in Section 6(a)(i), and (ii) the timely payment or provision of Other Benefits as described in Section 6(a)(ii).
(f)    Expiration of Employment Period.  For clarification, if Executive’s employment is terminated due to the normal expiration of the Employment Period or is 

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terminated within 60 days after the Employment Period End Date (in each case, for reasons other than Cause, death, Disability or Retirement), this Agreement will terminate without further obligations to Executive, other than for (i) the payment of Accrued Obligations if and to the extent applicable as described in Section 6(a)(i), (ii) the payment of the Pro Rata Bonus if and to the extent applicable as described in Section 6(a)(iii)(B), (iii) the payment of the Severance Benefits (subject to the Executive’s execution of the Release) if and to the extent applicable as described in Section 6(a)(iii)(A), and (iv) the timely payment or provision of Other Benefits if and to the extent applicable as described in Section 6(a)(ii).  Notwithstanding anything to the contrary in this Agreement, if the Agreement is not renewed and a new employment agreement is not offered and the Executive remains an employee of the Company in any capacity, Executive’s employment will not be governed by this Agreement and Executive will be an at-will employee.   In that instance, Executive remains subject to the Restrictions on Conduct described in Section 11.  Further, the parties agree that the benefits provided under Section 2(b) herein are intended to be in lieu of, and not in addition to, comparable benefits provided under Section 6.
(g)    Execution of Release.  Notwithstanding anything to the contrary in this Section 6, the Release must be executed and provided to the Company, and the period for revoking same must have expired, before the 30th day following the Date of Termination.
7.    Non-exclusivity of Rights.  Nothing in this Agreement prevents or limits Executive’s continuing or future participation in any plan, program, policy or practice provided by the Company and for which Executive may qualify, nor, subject to Section 13(d), will anything in this Agreement limit or otherwise affect any rights Executive may have under any contract or agreement with the Company.  Amounts which are vested benefits or which Executive is otherwise entitled to receive under any plan, policy, practice, program, contract or agreement with the Company at or subsequent to the Date of Termination will be payable in accordance with such plan, policy, practice, program, contract or agreement except as explicitly modified by this Agreement.
8.    Mandatory Reduction of Payments in Certain Events.  Any payments made to Executive under this Agreement will be made with the Executive’s best interests in mind related to the excise (the “Excise Tax”) imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”).
(a)    Anything in this Agreement to the contrary notwithstanding, if it is determined that any benefit, payment or distribution by the Company to or for the benefit of Executive (whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise) (a “Payment”) would be subject to the Excise Tax, then, before making the Payment to Executive, a calculation will be made comparing (i) the net benefit to Executive of all Payments after payment of the Excise Tax, to (ii) the net benefit to Executive if the Payment had been limited to the extent necessary to avoid being subject to the Excise Tax.  If the amount calculated under (i) above is less than the amount calculated under (ii) above, then the Payments will be limited to the extent necessary to avoid being subject to the Excise Tax (the “Reduced Amount”).  In that event, any reduction in payments 

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shall be made by the Company in its sole discretion, in a manner intended to be consistent with Code Section 409A. 
(b)    The determination of whether an Excise Tax would be imposed, the amount of such Excise Tax, and the calculation of the amounts referred to in Section 8(a)(i) and (ii) above will be made by the Company's regular independent accounting firm at the expense of the Company or, at the election and expense of Executive, another nationally recognized independent accounting firm (the “Accounting Firm”) acceptable to the Company which will provide detailed supporting calculations.  Any determination by the Accounting Firm will be binding upon the Company and Executive.  As a result of the uncertainty in the application of Code Section 4999 at the time of the initial determination by the Accounting Firm hereunder, it is possible that Payments to which Executive was entitled, but did not receive pursuant to Section 8(a), could have been made without the imposition of the Excise Tax (an “Underpayment”).  In such event, the Accounting Firm will determine the amount of the Underpayment that has occurred and any such Underpayment will be promptly paid by the Company to or for the benefit of Executive.  
(c)    If the provisions of Code Section 280G and Section 4999 or any successor provisions are repealed without succession, this Section 8 will be of no further force or effect.
9.    Costs of Enforcement.  Subject to Section 8(b), each Party will pay its own costs and expenses incurred in enforcing or establishing its rights under this Agreement, including, without limitation, attorneys’ fees, whether a suit is brought or not, and whether or not incurred in trial, bankruptcy or appellate proceedings.
10.    Representations and Warranties.  Executive represents and warrants to the Company that Executive is not a party to, or otherwise subject to, any restrictive covenant not to compete, not to solicit or not to disclose or use confidential information, with any person or entity, and Executive’s execution of this Agreement and performance of his obligations will not violate the terms or conditions of any contract or obligation, written or oral, between Executive and any other person or entity.  
11.    Restrictions on Conduct of Executive.
(a)    General.  Executive agrees that as part of the executive-level role he will have and services he will perform for the Company, he will be exposed to, and help create and maintain, unique and proprietary methods and information in each market in which the Company does business which give the Company competitive advantages over other “Competitive Businesses,” as well as develop goodwill with the Company’s customers, suppliers, vendors, advertisers, employees and the general public.  By virtue of the position Executive will hold, Executive is receiving, will receive, or will be provided access to the Company’s unique methods of doing business, including: (1) methods for locating and dealing with vendors, customers, suppliers and advertisers as well as pricing information, distribution channels, and other terms of those relationships; (2) “Confidential Information” and “Trade Secrets;” (3) established  relationships and other elements that together comprise 

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goodwill; and/or (4) unique  knowledge and training regarding product development, its engineering, product specification, material suppliers, material specifications, product suppliers, manufacturing knowledge and methods, customer feedback, surveys, design-around information, research and development information, internal quality control tests, other quality control information, and other similar proprietary information.  Executive agrees that the competitive advantage and goodwill the Company has created, and which Executive will assist in furthering and maintaining, is an important and legitimate business asset of the Company.  It would be unfair for Executive to use Confidential Information and Trade Secrets obtained during and as a result of his employment with the Company for the benefit of an organization other than the Company. Executive has agreed to certain restrictions in exchange for his being eligible for certain severance benefits under the conditions described in this Agreement.  Executive further agrees that it would be impossible to protect against improper and unfair competitive advantages without restricting Executive’s activities in each market where the Company has existing customers or prospective customers during Executive’s employment. No lesser territorial restriction would protect the Company’s business interests given the nature of Executive’s role within the Company and access to Confidential Information and Trade Secrets. Executive agrees that these provisions do not preclude him from earning a living.
(b)    Definitions.  The following capitalized terms used in this Section 11 will have the meanings assigned to them below, which definitions will apply to both the singular and the plural forms of these terms:
“Competitive Business” means (A) any distributors of any goods or services in or to the point of sale, automatic identification, data capture, security, business telephony, 3D printing, and communication products if such entity distributes or provides any product or service that is the same or substantially similar to any product or service offered or in development by the Company, including reasonable alternatives, as well as (B) the Company’s top ten (10) vendors (in terms of revenue) at any point within the final two (2) years of Executive’s employment with the Company; provided, however, that the Compensation Committee may, in its discretion, determine that the term “Competitive Business” does not include a particular vendor or distributor.  Competitive Business includes, but is not limited to, any entity formed by Executive, formally or informally, as well as work by Executive as a consultant or independent contractor.
“Confidential Information” means any and all of the Company’s Trade Secrets, confidential and proprietary information, and all other information and data that is not generally known to third persons who could derive economic value from its use or disclosure, including, without limitation,  any information or documents about: the Company’s accounting practices; financial data; financial plans and practices; the Company’s operations; its future plans (including new products, improved products, and products under development); its methods of doing business; internal forms, checklists, or quality assurance testing; programs; customer and supplier lists or other such related information as pricing or terms of business dealings; supply 

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chains; shipping chains and prices; packaging technology or pricing; sourcing information for components, materials, supplies, and other goods; employees; pay scales; bonus structures; contractor information and lists; marketing strategies and information; product plans; distribution plans and distribution channel relationships; business plans; manufacturing, operation, sales and distribution processes;  costs; margins for products; prices, sales, orders and quotes for the Company’s business that is not readily attainable by the general public; existing and future services; testing information (including methods and results) related to materials used in the development of the Company’s products or materials that could be used with the Company’s products; development information (including methods and results) related to computer programs that design or test products or that track information from a central database; and the computer or electronic passwords of all employees and/or firewalls of the Company.   Confidential Information also includes any information defined in this subsection which the Company obtains from another party and treats as proprietary or confidential, whether or not owned or developed by the Company. Notwithstanding the definitions stated above, the term Confidential Information does not include any information which (i) at the time of disclosure to Executive, was in the public domain; (ii) after disclosure to Executive, is published or otherwise becomes part of the public domain through no fault of Executive; (iii) without a breach of duty owed to the Company, was already in Executive’s possession at the time of disclosure; (iv) was received after disclosure to Executive from a third party who had a lawful right to the information other than through a relationship of trust and confidence with the Company, and without a breach of duty to the Company, disclosed the information to Executive; or (v) where Executive can show it was independently developed by Executive on non-Company time without reference to, or reliance upon, other Confidential Information or Trade Secrets.
“Restricted Territory” means any location in the United States where (1) Executive performed services for the Company or its affiliates or had contact with the Company’s customers, vendors, or suppliers; and (2) where the Company or its affiliates is actively manufacturing, marketing, selling, or distributing its products within the final two (2) years of Executive’s employment, or places where the Company made affirmative steps to manufacture, market, sell, or distribute its products within the final six (6) months of Executive’s employment.  If Executive was assigned only a portion of the territory in which the Company operates or sells, then the Restricted Territory shall be narrowly construed to include only the limited geographic area in which Executive represented and worked for the Company or was able to establish contact with the Company’s customers, vendors, or suppliers.
“Trade Secrets” means information related to the business or services of the Company which (1) derives independent actual or potential commercial value from not being generally known or readily ascertainable through independent development or reasonable reverse engineering processes by persons who can obtain economic value from its disclosure or use; and (2) is the subject of efforts by the Company and affiliated third parties that are reasonable under the circumstances to maintain its 

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secrecy.  Assuming the foregoing criteria in clauses (1) and (2) are met, Trade Secret encompasses business and technical information including, without limitation, know-how, designs, formulas, patterns, compilations, programs, devices, inventions, methods, techniques, drawings processes, finances, actual or potential customers and suppliers, and existing and future products and services of the Company.  Notwithstanding the definitions stated above, the term Confidential Information does not include any information which (i) at the time of disclosure to Executive, was in the public domain; (ii) after disclosure to Executive, is published or otherwise becomes part of the public domain through no fault of Executive; (iii) without a breach of duty owed to the Company, was already in Executive’s possession at the time of disclosure; (iv) was received after disclosure to Executive from a third party who had a lawful right to the information through some avenue other than through a relationship of trust and confidence with the Company, and without a breach of duty to the Company, disclosed the information to Executive; or (v) where Executive can show it was independently developed by Executive on non-Company time without reference to, or reliance upon, other Confidential Information or Trade Secrets.
(c)    Restrictions.  Executive understands and agrees that the compensation the Company has agreed to provide pursuant to this Agreement would not be as lucrative if the restrictions set forth in this section were not included in this Agreement. Therefore, in consideration of the compensation provided in this Agreement, and the other terms agreed to by the Company, along with the disclosure (and continued disclosure of Confidential Information and Trade Secrets) a portion of which is being paid to compensate Executive for these covenants, Executive covenants and agrees as follows:
(i)    Non-Compete.
a.    For the term of Executive’s employment, and for a period of twenty-four (24) months following the Date of Termination, with or without Cause or Good Reason, Executive agrees he will not, directly or indirectly, alone or in association with or on behalf of any other person or entity, own, manage, operate, join, control, be employed by or with, or participate in any Competitive Business in the Restricted Territory in which he would provide the same or substantially the same services to the Competitive Business as those Executive provided to the Company during the last two (2) years of Executive’s employment with the Company.
b.    If for any reason, paragraph 11(c)(i)(a) is deemed unenforceable by any court or arbitrator, the parties agree that for the term of Executive’s employment, and for a period of twenty-four (24) months following the Date of Termination, with or without Cause or Good Reason, Executive will not, directly or indirectly, alone or in association with or on behalf of any other person or entity, own, 

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manage, operate, join, control, be employed by or with, participate in, or provide the same or substantially the same services as those Executive provided to the Company during the last two (2) years of Executive’s employment with the Company to any of the following entities:  Ingram Micro, Tech Data, Avnet, BlueStar, Westcon, Arrow, Agilysis, Azerty, PC POS, Jarltech, Jenne, Securematics, Synnex, Alliance (NEI), NEXTUSA, ADI, Tri- Northern, Anixter, Motorola, Avaya, Polycom, Aruba Networks, Honeywell-Intermec, Zebra Technologies, Shoretel, CISCO Systems, Toshiba, Plantronics.
(ii)    Non-Solicitation of Vendors, Manufacturers, Customers, or Suppliers.  For the term of Executive’s employment, and for a period of twenty-four (24) months following the Date of Termination, Executive agrees he will not, directly or indirectly, alone or in association with or on behalf of any other person or entity,  solicit any of the Company’s vendors, manufacturers, customers or suppliers with whom Executive had business contact during the course of Executive’s employment with the Company for any Competitive Business for the purpose of providing the same or substantially the same products or services as those provided by the Company and will not induce or encourage any vendors, manufacturers, customers or suppliers to cease doing business with the Company or materially alter their relationship with the Company; 
(iii)    Non-Solicitation of Prospective Vendors, Manufacturers, Customers or Suppliers.  For the term of Executive’s employment, and for a period of twenty-four (24) months following the Date of Termination, Executive agrees he will not, directly or indirectly, alone or in association with or on behalf of any other person or entity, solicit any of the Company’s prospective vendors, manufacturers, customers or suppliers with whom Executive had business contact during the course of Executive’s employment with the Company for any Competitive Business; 
(iv)    Non-Solicitation of Employees.  For the term of Executive’s employment, and for a period of twenty-four (24) months following the Termination Date, Executive agrees he will not, directly or indirectly, alone or in association with or on behalf of any other person or entity, solicit any of the Company’s employees to leave the Company to provide services for any Competitive Business; 
(v)    Non-Disclosure.  For the term of Executive’s employment, and for a period of no less than twenty-four (24) months from the Date of Termination (for Confidential Information) or for so long as the information remains protected under this Agreement or applicable statute (for Trade Secrets) thereafter, Executive agrees that he will not, either directly or indirectly, misappropriate, take, remove, publish, disseminate, provide, or otherwise disclose any Confidential Information or Trade Secrets to any third party, unless required to do so by legal process or other law, without the Company’s prior written consent.  Executive agrees that if he believes he is compelled to reveal Confidential Information or Trade Secrets pursuant to the 

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limited exception provided herein, Executive will provide the Company at least seven (7) days advance notice before doing so, will explain the specifics under which such Confidential Information or Trade Secrets are to be disclosed, and will allow the Company to take steps to prevent the disclosure or use of its Confidential Information or Trade Secrets.  
(vi)    No Misuse of Confidential Information or Trade Secrets.  For the term of Executive’s employment, and for a period of no less than twenty-four (24) months from the Date of Termination (for Confidential Information) or for so long as the information remains protected under this Agreement or applicable statute (for Trade Secrets) thereafter, Executive agrees that he will not, either directly or indirectly, for his own behalf or otherwise, use in any manner the Company’s Confidential Information or Trade Secrets.
(vii)    Return of Company Property.  Within two (2) business days following Executive’s Date of Termination, Executive shall return to the Company any and all documents, materials, tangible information, or other property reflecting or containing the Company’s Confidential Information or Trade Secrets or that otherwise belong to the Company that Executive has in his possession.  Employee will also permanently delete or remove any programs or data containing or reflecting such information and shall retain no copies of any kind.  Executive acknowledges that all such materials are the sole exclusive property of the Company and that Executive has no right, title, or interest in such information.  If requested by the Company, Executive further agrees to execute a stipulation that he has complied with this Section 11(c)(vii).
(d)    Non-Disparagement.  The Company and Executive agree that for the term of Employee’s employment, and for a period of five (5) years thereafter, they will not disparage each other to any non-governmental third parties.  Nothing in this subsection should be interpreted as any restriction on either Party’s compliance with any laws requiring or compelling disclosure, or any disclosures that are considered absolutely privileged, such as legal proceedings, subject to the other terms of this Agreement. 
(e)    Severance and Reformation.  The Company and Executive agree that the provisions of Section 11, including all subparts, are intended to strike the balance between Executive earning a livelihood and the Company protecting its legitimate business interests.  The Parties have drafted the provisions of Section 11, including all subparts, to allow for enforcement.  The Parties agree that should a court determine that any word, phrase, clause, sentence, paragraph, or other part of this Agreement is unreasonably broad in time, territory, or scope so as to render any remaining provisions unenforceable, the Parties desire the court to modify or strike the offending language in the narrowest way possible and enforce the remainder as if the offending language was not there, so that only reasonable restrictions are enforced.
(f)    Elective Right of the Company.  If Executive challenges the enforceability of the restrictive covenants contained in this Section 11 (the “Restrictive Covenants”) (or 

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asserts an affirmative defense to an action seeking to enforce the Restrictive Covenants) based on an argument that the Restrictive Covenants are (i) not enforceable as a matter of law, (ii) unreasonable in geographical scope or duration or (iii) void as against public policy, the Company shall be entitled to (1) to cease making the payments required under Section 2(b) and/or Section 6 above, and (2) upon demand, to have Executive repay, within 10 business days of any such demand, any payments already made.  Any right afforded to, or exercised by, the Company under this Agreement will not affect the enforceability of the Restrictive Covenants or any other right or remedy, equitable or otherwise, of the Company under this Agreement.
12.    Assignment and Successors.
(a)    This Agreement is personal to Executive and without the prior written consent of the Company will not be assignable by Executive otherwise than by will or the laws of descent and distribution.  This Agreement will inure to the benefit of and be enforceable by Executive’s legal representatives.
(b)    This Agreement will inure to the benefit of and be binding upon the Company and its successors and assigns.
(c)    The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.  As used in this Agreement, “Company” will mean the Company as herein before defined and any successor to its business and/or assets which assumes and agrees to perform this Agreement by operation of law, or otherwise.
13.    Miscellaneous.
(a)    Waiver.  Failure of either Party to insist, in one or more instances, on performance by the other, or any other employee under a similar agreement, in strict accordance with the terms and conditions of this Agreement will not be deemed a waiver or relinquishment of any right granted in this Agreement or of the future performance of any such term or condition or of any other term or condition of this Agreement, unless the waiver is in a writing signed by the Party making the waiver.
(b)    Severability.  If any provision or covenant, or any part thereof, of this Agreement should be held by any court to be invalid, illegal or unenforceable, either in whole or in part, such invalidity, illegality or unenforceability will not affect the validity, legality or enforceability of the remaining provisions or covenants, or any part thereof, of this Agreement, all of which will remain in full force and effect.
(c)    Other Agents.  Nothing in this Agreement is to be interpreted as limiting the Company from employing other personnel on such terms and conditions as may be satisfactory to it.

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(d)    Entire Agreement.  Except as provided herein, this Agreement contains the entire agreement between the Parties on the subject matter hereof.  From and after the Effective Date, this Agreement will supersede the Existing Agreement and any other agreement between the Parties on the subject matter hereof, and, without limiting the effect of the foregoing, the Executive shall have no further rights in or to any benefits or payments under the Existing Agreement, and the Agreement shall control with respect to the subject matter hereof.
(e)    Governing Law and Jurisdiction.  Without regard to conflict of laws principles, the laws of the State of South Carolina will govern this Agreement in all respects, whether as to its validity, construction, capacity, performance or otherwise.
(f)    Notices.  All notices, requests, demands and other communications required or permitted in this Agreement must be in writing and will be deemed to have been duly given if delivered or three days after mailing if mailed, first class, certified mail, postage prepaid:
To Company:        ScanSource, Inc.
6 Logue Court
Greenville, SC 29615
Attn: Executive Vice President and General Counsel
To Executive:        To the address specified on Exhibit A
Any Party may change the address to which notices, requests, demands and other communications will be delivered or mailed by giving notice thereof to the other Party in the same manner provided herein. 
(g)    Amendments and Modifications.  This Agreement may be amended or modified only by a writing signed by both Parties, which makes specific reference to this Agreement.
(h)    Construction.  Each Party and his or its counsel have been provided the opportunity to review and revise this Agreement and accordingly, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party will not be employed in the interpretation of this Agreement.  Instead, the language of all parts of this Agreement will be construed as a whole, and according to its fair meaning, and not strictly for or against either party.
(i)    Deferred Compensation Provision.  Notwithstanding any other provision of this Agreement, it is intended that any payment or benefit provided under this Agreement that is considered to be “deferred compensation” subject to Code Section 409A will be provided in such manner and at such time, including without limitation in connection with a permissible payment event under Code Section 409A, as is exempt from or complies with the requirements of Code Section 409A.  All rights to payments and benefits under this Agreement are to be treated as rights to receive a series of separate payments and benefits 

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to the fullest extent allowed by Code Section 409A.  Termination of employment under this Agreement, to the extent required by Code Section 409A, will be construed to mean a “separation from service” under Code Section 409A and related regulations. The terms of this Agreement are intended to, and will be construed and administered to the fullest extent possible, to permit compensation to be paid under this Agreement to be exempt from or comply with Code Section 409A.  Regardless, neither the Company nor its directors, officers or agents will be liable to Executive or anyone else if the Internal Revenue Service or any court or other authority determines that any payments or benefits to be provided under this Agreement are subject to taxes, penalties or interest as a result of failing to comply with or be exempt from Code Section 409A.
Notwithstanding anything in this Agreement to the contrary, if any payment or benefit that constitutes non-exempt “deferred compensation” under Code Section 409A would otherwise be provided under this Agreement due to Executive’s separation from service during a period in which he is a “specified employee” (as defined in Code Section 409A and the associated final regulations), then, to the extent required by Code Section 409A, such payments or benefits will be delayed, to the extent applicable, until six months after Executive’s separation from service or, if earlier, Executive’s death (the “409A Deferral Period”).  If such payments are otherwise due to be made in installments during the 409A Deferral Period, the payments that would otherwise have been made in the 409A Deferral Period will be accumulated and paid in a lump sum during the seventh month following the Executive’s separation from service, and the balance of the payments will be made as otherwise scheduled.  In the event benefits are required to be deferred, any such benefit may be provided during the 409A Deferral Period at Executive’s expense, with Executive having the right to reimbursement from the Company once the 409A Deferral Period ends, and the balance of the benefits will be provided as otherwise scheduled. 
With respect to any reimbursement or in-kind benefit arrangements of the Company that constitute deferred compensation for purposes of Code Section 409A, except as otherwise permitted by Section 409A, the following conditions shall be applicable: (i) the amount eligible for reimbursement, or in-kind benefits provided, under any such arrangement in one calendar year may not affect the amount eligible for reimbursement, or in-kind benefits to be provided, under such arrangement in any other calendar year, (ii) any reimbursement must be made on or before the last day of the calendar year following the calendar year in which the expense was incurred, and (iii) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. Whenever payments under this Agreement are to be made in installments, each such installment shall be deemed to be a separate payment for purposes of Code Section 409A.
14.    Arbitration.  Executive shall be required (in lieu of litigation) to have any and all disputes or controversies arising under or in connection with this Agreement settled by final and binding arbitration administered by the American Arbitration Association (“AAA”) under its National Rules for the Resolution of Employment Disputes and the Federal Arbitration Act, 9 U.S.C. §1, et seq. subject to the following: (a) such arbitration shall take place in Greenville, South Carolina; (b) such arbitration shall be arbitrated by one (1) neutral arbitrator with at least ten (10) years of 

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employment arbitration experience and chosen by both parties from the AAA Roster of Neutral Arbitrators; (c) either party may seek from any court having jurisdiction any interim or provisional relief that is necessary to protect the rights or property of that party, pending the establishment of the arbitral tribunal; (d) discovery shall consist of the exchange of non-confidential and non-privileged documents that are strictly relevant to the claims before the arbitrator, shall be concluded within forty-five (45) days following the appointment of the arbitrator, and, in case of depositions, shall consist of no more than three (3) depositions per party with a maximum duration of three (3) hours each and all depositions shall be held within thirty (30) days of the making of a request; (e) the arbitration will be based on the submission of documents and there shall be no in-person or oral hearing; (f) the award shall be issued within six (6) months of the filing of the notice of intention to arbitrate and the arbitrator shall agree to comply with this schedule before accepting appointment; (g) except as may be required by law, neither a party nor an arbitrator may disclose the existence, content, or results of any arbitration hereunder without the prior written consent of both parties;  (h) the arbitrator shall not have authority to award punitive damages; (i) each party shall bear its own attorney’s fees with the Company bearing the arbitrator’s and administrative fees related to arbitration; and (j) judgment upon the award rendered by the arbitrator may be entered by any court having jurisdiction thereof.
15.    Survival.  All non-competition, non-solicitation, non-disclosure and use, and non-recruiting obligations in Section 11 of this Agreement shall survive the voluntary or involuntary termination of Executive’s employment with or without cause, and no dispute regarding any other provisions of this Agreement or regarding Executive’s employment or the termination of Executive’s employment shall prevent the operation and enforcement of these obligations.
16.    Tolling.  The restricted time periods in Section 11 above shall be tolled during any time period that the Executive is in violation of such covenants, as determined by a court of competent jurisdiction, so that the Company may realize the full benefit of its bargain.  This tolling shall include any time period during which litigation is pending, but during which the Executive has continued to violate such protective covenants and a court has declined to enjoin such conduct or the Executive has failed to comply with any such injunction.
17.    Execution in Counterparts.  This Agreement may be executed in any number of counterparts, each of which shall be considered an original, but all of which construed together shall constitute on and the same Agreement.  Executive agrees that the Company may enforce this Agreement with a copy that is only signed by Executive.
[Rest of page blank; signature page follows]

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[Signature page to Employment Agreement]
IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Employment Agreement as of the dates indicated below.

EXECUTIVE:                    SCANSOURCE, INC.:

/s/ Michael L. Baur                By:    /s/ John J. Ellsworth        

Name: Michael L. Baur                Name:    John J. Ellsworth        

Date:     6/25/14                    Title:    General Counsel        

Date:     June 25, 2014            

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EXHIBIT A TO EMPLOYMENT AGREEMENT

Executive:    Michael L. Baur

Base Salary:  $850,000 annually

Variable Compensation (Incentive Compensation Opportunity):  Annual target Variable Compensation award opportunity of a maximum amount of 150% of annual Base Salary, based upon Executive’s performance and attainment of performance goals established by the Compensation Committee, as determined in the Compensation Committee’s discretion and subject to terms of applicable Company plan or program.

Annual Equity Award:  Consideration for inclusion in the Company’s annual equity grant at a grant level of $1,500,000, subject to Compensation Committee discretion and the terms of the Company’s 2013 Long-Term Incentive Plan or other applicable plan (the “2013 Plan”) and related award agreement(s).

Deferred Compensation:  For each of the calendar years of the term of the Agreement that the Executive is employed (including calendar year 2017), Executive shall be eligible to participate in the Company’s nonqualified deferred compensation plan by deferring up to 50% of pay, and a match of 50% of deferred amounts will be made by company up to a maximum of $200,000 per year.

Future premiums for the “access only” post-termination coverage described in Section 6(a)(iii)(C) above will be accounted for through additional funding of the Executive’s deferred compensation account by the Company.  Funding will occur upon Executive’s retirement, death, disability, termination without Cause, or termination for Good Reason.

In addition, the Company will, as a one-time benefit, make a $600,000 payment to the Executive’s deferred compensation account for each of the three years of the term of the Agreement (including calendar year 2017). Each contribution will be made at the end of the Company's fiscal year (June 30).  These contributions will not be made by the Company and will be withheld from the Executive if (a) Executive is terminated for Cause or (b) Executive violates the Restrictive Covenants contained in the Agreement.  In the event of Executive’s death or disability during the term of the Agreement, the Company will make any remaining payments to him or his beneficiaries, as the case may be.

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Benefits:  All benefits generally available to Peer Executives as well as the following:

		
	•
	Short-term disability benefits equating to salary continuation.

		
	•
	Long-term disability benefits targeting approximately 75% of income replacement (up to $125,000 per month).  If disabled after year 5 will receive a lump sum payment equal to the monthly benefit amount through age 65.

		
	•
	Term life insurance - $1,000,000 policy (subject to underwriting) and a $500,000 policy (subject to limited underwriting).

		
	•
	Comprehensive physical program allowing Executive to receive an annual examination at no cost.

Days of Paid Vacation per Fiscal Year:

25 days                        Chairman of the Board of Directors 

Executive Notice Address:

6 Logue Court
Greenville, SC 29615
Attn:  Mike Baur

Initials: MLB/JJE

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EXHIBIT B TO EMPLOYMENT AGREEMENT

Form of Release

THIS RELEASE (“Release”) is granted effective as of the ____ day of __________, ____, by __________________ (“Executive”) in favor of ScanSource, Inc. (“ScanSource” or the “Company”).  This is the Release referred to in that certain Employment Agreement dated effective as of July 1, 2014 by and between the Company and Executive (the “Employment Agreement”).  Executive gives this Release in consideration of the Company’s promises and covenants as recited in the Employment Agreement, with respect to which this Release is an integral part.

1.    Release of the Company.  Executive, for himself, his successors, assigns, executors, administrators, insureds, attorneys, and all those entitled to assert his rights, now and forever hereby releases and discharges the Company and its respective officers, directors, shareholders, stockholders, trustees, partners, joint ventures, board members, employees, agents, parent corporations, divisions, wholly or partially owned subsidiaries, affiliates, estates, predecessors, successors, heirs, executors, administrators, assigns, representatives, and attorneys (the “Released Parties”), from any and all legal, administrative, and equitable claims, actions, causes of action, sums of money due, suits, debts, liens, covenants, contracts, obligations, costs, expenses, damages, judgments, agreements, promises, demands, claims for attorneys’ fees and costs, or liabilities of any nature whatsoever, in law or in equity, which Executive ever had or now has against the Released Parties, including any claims arising by reason of or in any way connected with any employment relationship which existed between the Company or any of its parents, subsidiaries, affiliates, or predecessors, and Executive.  It is understood and agreed that this Release is intended to cover all actions, causes of action, claims or demands for any damage, loss or injury, which may be traced either directly or indirectly to the aforesaid employment relationship, or the termination of that relationship, that Executive has, had or purports to have, from the beginning of time to the date of this Release, whether known or unknown, that now exists, no matter how remotely they may be related to the aforesaid employment relationship including but not limited to claims for employment discrimination under federal, state or local statutes, except as provided in Paragraph 2.  Without limiting the broadness of the foregoing language, Executive agrees to release Company from any and all claims under:

		
	1.
	Title VII of the Civil Rights Act of 1964, as amended by the Civil Rights Act of 1991;

		
	2.
	Section 1981 of the Civil Rights Act of 1866, as amended; 

		
	3.
	Executive Orders 11246, 13496 and 11141;

		
	4.
	the Equal Pay Act of 1963;

		
	5.
	the Consolidated Omnibus Budget Reconciliation Act  of 1985 (COBRA);

		
	6.
	the Americans with Disabilities Act of 1990 and any amendments thereto, including the ADA Amendments Act of 2008;

		
	7.
	the Rehabilitation Act of 1973;

		
	8.
	the Employee Retirement and Income Security Act of 1974;

		
	9.
	the Sarbanes-Oxley Corporate Reform Act of 2002 and the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”);

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	10.
	whistle-blower and/or retaliation claims or suits under the Sarbanes-Oxley Act of 2002 and/or the Dodd-Frank Act;

		
	11.
	the Family and Medical Leave Act of 1993, as amended;

		
	12.
	the Health Insurance Portability and Accountability Act of 1996 (HIPAA);

		
	13.
	the Fair Labor Standards Act of 1938, as amended;

		
	14.
	the Occupational Safety and Health Act;

		
	15.
	the Uniformed Services Employment and Re-employment Act of 1994;

		
	16.
	the Worker Adjustment and Retraining Notification Act;

		
	17.
	the Lilly Ledbetter Fair Pay Act of 2009;

		
	18.
	the Fair Credit Reporting Act;

		
	19.
	state workers’ compensation law;

		
	20.
	Consumer Credit Protection Act;

		
	21.
	Immigration Reform and Control Act of 1986;

		
	22.
	National Labor Relations Act;

		
	23.
	the Genetic Information Nondiscrimination Act of 2008;

		
	24.
	the Age Discrimination in Employment Act;

		
	25.
	the South Carolina Payment of Wages Act;

		
	26.
	the South Carolina Human Affairs Law;

		
	27.
	claims arising under the United States and/or South Carolina Constitutions;

		
	28.
	claims for wages and overtime pay and commissions, bonuses, vacation pay or any express or implied contracts; 

		
	29.
	any common law claims or claims founded in tort (including negligence) for wrongful discharge, negligence, negligent hiring, negligent training or negligent supervision, assault or battery, invasion of privacy, false imprisonment, intentional infliction of emotional distress, defamation, libel, slander, promissory estoppel, detrimental reliance, quantum meruit, unjust enrichment, breach of contract (oral, written or implied), or any other equitable basis or action;

		
	30.
	claims that the Company treated or dealt with me unfairly; and

		
	31.
	any claims arising under any other federal, state or local law, statute, regulation, ordinance, treaty or law of any other type, or any other cause of action or theory of recovery arising by virtue of my employment relationship and/or affiliation with ScanSource or any public policy, tort or common law.

Without waiving any prospective or retrospective rights under the Fair Labor Standards Act, I admit that I have received from ScanSource all rights and benefits, if any, due or potentially due to me pursuant to the Fair Labor Standards Act.  I understand and acknowledge that it is the parties’ intent that I release all claims that can be legally released but no more than that.

I affirm that while I was employed with the Company, I had no known and unreported workplace injuries or occupational diseases and was not denied leave under the Family and Medical Leave Act of 1993.

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I represent and agree that I have been paid and have received all paid or unpaid leave, compensation, wages, overtime, vacation or sick pay, bonuses and/or benefits to which I may be entitled and no other amounts, except as may be provided in the Employment Agreement, are due to me.

Executive specifically agrees not to attempt to institute any proceedings or pursue any action pursuant to any laws (state, local, or federal) with any agency or in any jurisdiction (state, local, or federal) based on employment with or termination from the Company except as required or protected by law.  Executive covenants that he will in no way encourage or assist any person or entity (including, but not limited to, any past, present or future employee(s) of Company) to take part or participate in any legal or administrative action against Company, except as otherwise required or protected by law.  Nothing in this Release shall be interpreted or applied in a manner that affects or limits Executive’s otherwise lawful ability to bring an administrative charge with the Equal Employment Opportunity Commission or other appropriate state or local comparable administrative agency; however, the parties agree that Executive has released Company from all liability arising from the laws, statutes, and common law listed in paragraph 1 (except as set forth in this paragraph below, with respect to the Age Discrimination in Employment Act (“ADEA”)) and, as such, Executive is not and will not be entitled to any monetary or other comparable relief on his own behalf.  Nothing in this Release shall be interpreted or applied in a manner that affects or limits Executive’s ability to challenge (with a lawsuit or administrative charge) the validity of Executive’s release of Company in this Release for age claims under the ADEA (which release is provided for in paragraph 2 of this Release).  Other than a challenge to the validity of the release of ADEA claims under this Release, Executive has released Company from all liability with respect to the laws, statutes, and common law listed in paragraph 1, including the ADEA.

2.    Release of Claims Under Age Discrimination in Employment Act.  Without limiting the generality of the foregoing, Executive agrees that by executing this Release, he has released and waived any and all claims he has or may have as of the date of this Release for age discrimination under the Age Discrimination in Employment Act, 29 U.S.C. § 621, et seq.  It is understood that Executive is advised to consult with an attorney prior to executing this Release; that he in fact has consulted a knowledgeable, competent attorney regarding this Release; that he may, before executing this Release, consider this Release for a period of twenty-one (21) calendar days; and that the consideration he receives for this Release is in addition to amounts to which he was already entitled.  It is further understood that this Release is not effective until seven (7) calendar days after the execution of this Release and that Executive may revoke this Release within seven (7) calendar days from the date of execution hereof.

3.    Executive acknowledges and represents that as an employee of the Company he has been obligated to, and has been given the full and unfettered opportunity to, report timely to the Company any conduct that would give rise to an allegation that the Company or any affiliate of the Company has violated any laws applicable to its businesses or has engaged in conduct which could otherwise be construed as inappropriate or unethical in any way, even if such conduct is not, or does not appear to be, a violation of any law. Executive acknowledges that a condition of the payment of any consideration provided by the Company to the Executive hereunder is his truthful and complete representation to the Company regarding any such conduct, including but not limited to 

26

conduct regarding compliance with the Company’s Code of Ethics, policies, and procedures, and with all laws and standards governing the Company’s business.  

Executive’s truthful and complete representation, based on his thorough search of his knowledge and memory, is as follows: Executive has not been directly or indirectly involved in any such conduct; no one has asked or directed him to participate in any such conduct; and Executive has no specific knowledge of any conduct by any other person(s) that would give rise to an allegation that the Company or any affiliate of the Company has violated any laws applicable to its businesses or has engaged in conduct which could otherwise be construed as inappropriate or unethical in any way. 

Executive agrees that he has carefully read this Release and is signing it voluntarily.  Executive acknowledges that he has had twenty one (21) days from receipt of this Release to review it prior to signing or that, if Executive is signing this Release prior to the expiration of such 21-day period, Executive is waiving his right to review the Release for such full 21-day period prior to signing it.  Executive has the right to revoke this release within seven (7) days following the date of its execution by him, and must deliver written notice of revocation in person to __________ at the following address: _____________________, and such revocation shall not be effective unless actually received by _______, within seven (7) days following the date the release was signed by Executive.  If Executive revokes this Release within such seven (7) day period, no severance benefit will be payable to him under the Employment Agreement and he shall return to the Company any such payment received prior to that date.

EXECUTIVE HAS CAREFULLY READ THIS RELEASE AND ACKNOWLEDGES THAT IT CONSTITUTES A GENERAL RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS AGAINST THE COMPANY UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT, AND ANY AND ALL OTHER STATE AND FEDERAL LAWS, WHETHER STATUTORY OR COMMON LAW.  EXECUTIVE ACKNOWLEDGES THAT HE HAS HAD A FULL OPPORTUNITY TO CONSULT WITH AN ATTORNEY OR OTHER ADVISOR OF HIS CHOOSING CONCERNING HIS EXECUTION OF THIS RELEASE AND THAT HE IS SIGNING THIS RELEASE VOLUNTARILY AND WITH THE FULL INTENT OF RELEASING THE COMPANY FROM ALL SUCH CLAIMS.

 ______________________________  
Executive

Date:      _______________________

EXHIBIT C TO EMPLOYMENT AGREEMENT

Definition of Change in Control:

27

For the purposes of this Agreement, a “Change in Control” shall mean the occurrence of any of the following events:

(i)    individuals who, on the Effective Date, constitute the Board of Directors of the Company (the “Incumbent Directors”) cease for any reason to constitute at least a majority of such Board, provided that any person becoming a director after the Effective Date and whose election or nomination for election was approved by a vote of at least a majority of the Incumbent Directors then on the Board shall be an Incumbent Director; provided, however, that no individual initially elected or nominated as a director of the Company as a result of an actual or threatened election contest with respect to the election or removal of directors (“Election Contest”) or other actual or threatened solicitation of proxies or consents by or on behalf of any “person” (such term for purposes of this definition being as defined in Section 3(a)(9) of the Exchange Act and as used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act) other than the Board (“Proxy Contest”), including by reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest, shall be deemed an Incumbent Director; or

(ii)    any person is or becomes a “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of either (A) 35% or more of the then-outstanding shares of common stock of the Company (“Company Common Stock”) or (B) securities of the Company representing 35% or more of the combined voting power of the Company’s then outstanding securities eligible to vote for the election of directors (the “Company Voting Securities”); provided, however, that for purposes of this subsection (ii), the following acquisitions shall not constitute a Change in Control: (w) an acquisition directly from the Company, (x) an acquisition by the Company or a Subsidiary of the Company, (y) an acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any Subsidiary of the Company, or (z) an acquisition pursuant to a Non-Qualifying Transaction (as defined in subsection (iii) below); or

(iii)    the consummation of a reorganization, merger, consolidation, statutory share exchange or similar form of corporate transaction involving the Company or a Subsidiary (a “Reorganization”), or the sale or other disposition of all or substantially all of the Company’s assets (a “Sale”) or the acquisition of assets or stock of another corporation (an “Acquisition”), unless immediately following such Reorganization, Sale or Acquisition: (A) all or substantially all of the individuals and entities who were the beneficial owners, respectively, of the outstanding Company Common Stock and outstanding Company Voting Securities immediately prior to such Reorganization, Sale or Acquisition beneficially own, directly or indirectly, more than 55% of, respectively, the then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Reorganization, Sale or Acquisition (including, without limitation, a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets or stock either directly or through one or more subsidiaries, the “Surviving Corporation”) in substantially the same proportions as their 

28

ownership, immediately prior to such Reorganization, Sale or Acquisition, of the outstanding Company Common Stock and the outstanding Company Voting Securities, as the case may be, and (B) no person (other than (x) the Company or any Subsidiary of the Company, (y) the Surviving Corporation or its ultimate parent corporation, or (z) any employee benefit plan (or related trust) sponsored or maintained by any of the foregoing is the beneficial owner, directly or indirectly, of 35% or more of the total common stock or 35% or more of the total voting power of the outstanding voting securities eligible to elect directors of the Surviving Corporation, and (C) at least a majority of the members of the board of directors of the Surviving Corporation were Incumbent Directors at the time of the Board’s approval of the execution of the initial agreement providing for such Reorganization, Sale or Acquisition (any Reorganization, Sale or Acquisition which satisfies all of the criteria specified in (A), (B) and (C) above shall be deemed to be a “Non-Qualifying Transaction”); or

(iv)    approval by the stockholders of the Company of a complete liquidation or dissolution of the Company.

29

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