Document:

Underwriting Agreement

 Exhibit 10.1 
 ENVIRONMENTAL POWER CORPORATION 
 6,210,000 Shares* 
 Common Stock 
 ($0.01 par value per share) 
  

 Underwriting Agreement 
 September 27, 2007 
 Canaccord Adams Inc. 
 Merriman Curhan Ford & Co. 
 Avondale Partners, LLC 
 As representatives of the several Underwriters 
 named in Schedule I hereto 
 c/o Canaccord Adams Inc. 
 99 High Street, 11th Floor 
 Boston,
Massachusetts 02110 
 Dear Sirs: 
 Environmental Power Corporation, a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the several underwriters named in Schedule I hereto
(collectively, the “Underwriters”) an aggregate of 5,400,000 shares (the “Firm Shares”) and, at the election of the Underwriters, up to 810,000 additional shares (the “Optional Shares”) of common
stock, par value $0.01 per share, of the Company (“Common Stock”). The Firm Shares and the Optional Shares which the Underwriters elect to purchase pursuant to Section 2 hereof are herein collectively called the
“Shares.” 
  

	 	1.	Representations and Warranties. 

 (a)
Representations and Warranties of the Company. The Company represents and warrants to, and agrees with, each of the Underwriters that: 
 (i) A registration statement on Form S-3 (File No. 333-145732) (the “Initial Registration Statement”) in respect of the Shares has been filed with the Securities and Exchange Commission (the
“Commission”); the Initial Registration Statement including any pre-effective amendments thereto and any post-effective amendments thereto, each in the form heretofore delivered to Canaccord Adams Inc. and, excluding exhibits
thereto, but including all documents incorporated by reference in the prospectus contained therein, delivered to Canaccord Adams Inc. for each of the other Underwriters, has been declared effective by the Commission in such form; other than a
registration statement, if any, increasing the size of the offering (a “Rule 462(b) Registration Statement”), filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the “Act”), which became
effective upon filing, no other document with respect to the Initial Registration Statement or document incorporated by reference therein has heretofore been filed with the Commission; and no stop order suspending 
  

	 *
	 Includes 810,000 shares subject to an option to purchase additional shares to
cover over-allotments. 

  

 the effectiveness of the Initial Registration Statement, any post-effective amendment thereto or the Rule 462(b)
Registration Statement, if any, has been issued and no proceeding for that purpose has been initiated or, to the Company’s knowledge, threatened by the Commission (any preliminary prospectus included in the Initial Registration Statement or
filed with the Commission pursuant to Rule 424(a) of the rules and regulations of the Commission under the Act is hereinafter called a “Preliminary Prospectus”); the various parts of the Initial Registration Statement and the Rule
462(b) Registration Statement, if any, including all exhibits to the foregoing and (i) including the information contained in the form of final prospectus filed with the Commission pursuant to Rule 424(b) under the Act in accordance with
Section 5(a) hereof or the Rule 462(b) Registration Statement, if any, at the time it became effective and (ii) the documents incorporated by reference in the prospectus contained in the Initial Registration Statement at the time such part
of the Initial Registration Statement became effective, each as amended at the time such part of such Initial Registration Statement became effective, are hereinafter collectively called the “Registration Statement”; such final
prospectus, in the form first filed pursuant to Rule 424(b) under the Act, is hereinafter called the “Prospectus”; the term “Pricing Prospectus” as used herein means the Preliminary Prospectus that was included in
the Registration Statement immediately prior to the Applicable Time (as defined in Section 1(b) hereof); any reference herein to “Issuer Free Writing Prospectus” refers to any “issuer free writing prospectus” as
defined in Rule 433 under the Act; and any reference herein to any Preliminary Prospectus or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 under the Act,
as of the date of such Preliminary Prospectus or Prospectus, as the case may be; 
 (ii) For the purposes of this Agreement, the
“Applicable Time” is 6:00 p.m. (Eastern Time) on the date of this Agreement; the Pricing Prospectus as supplemented by the Issuer Free Writing Prospectuses, if any, and other documents listed on Schedule III(a) hereto, taken
together (collectively, the “Pricing Disclosure Package”) as of the Applicable Time, did not include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in
the light of the circumstances under which they were made, not misleading; and each Issuer Free Writing Prospectus listed on Schedule III(a) or Schedule III(b) hereto does not conflict with the information contained in the Registration
Statement, the Pricing Prospectus or the Prospectus and each Issuer Free Writing Prospectus listed on Schedule III(b) hereto, as supplemented by and taken together with the Pricing Disclosure Package as of the Applicable Time, did not include
any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that this
representation and warranty shall not apply to any statements or omissions made in the Pricing Prospectus or an Issuer Free Writing Prospectus in reliance upon and in conformity with information furnished in writing to the Company by an Underwriter
through Canaccord Adams Inc. expressly for use therein including, without limitation, the Underwriter Provided Portions (as defined in Section 13); 
 (iii) No order preventing or suspending the use of any Preliminary Prospectus or any Issuer Free Writing Prospectus has been issued by the Commission, and each Preliminary Prospectus, at the time of filing thereof,
conformed in all material respects to the requirements of the Act and the rules and regulations of the Commission thereunder, and did not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein
or 

  

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necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that
this representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with information furnished in writing to the Company by an Underwriter through Canaccord Adams Inc. expressly for use therein
including, without limitation, the Underwriter Provided Portions; 
 (iv) The documents incorporated by reference in any Preliminary
Prospectus or the Prospectus, when they became effective or were filed with the Commission, as the case may be, conformed in all material respects to the requirements of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), and the rules and regulations of the Commission thereunder, and none of such documents contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the
statements therein not misleading; 
 (v) The Registration Statement and all Preliminary Prospectuses conform, and the Prospectus and any
further amendments or supplements to the Registration Statement, any Preliminary Prospectus or the Prospectus will conform, in all material respects to the requirements of the Act and the rules and regulations of the Commission thereunder; the
Registration Statement, any Preliminary Prospectus and the Prospectus do not and will not, as of the applicable effective date as to the Registration Statement and any amendment thereto, as of the applicable filing date as to any Preliminary
Prospectus, and as of the applicable filing date and the applicable Time of Delivery (as hereinafter defined) as to the Prospectus and any amendment or supplement thereto, contain an untrue statement of a material fact or omit to state a material
fact, in the case of the Registration Statement or any amendment thereto, required to be stated therein or necessary to make the statements therein not misleading and, in the case of any Preliminary Prospectus or the Prospectus or any supplement
thereto, necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to any statements or omissions
made in reliance upon and in conformity with information furnished in writing to the Company by an Underwriter through Canaccord Adams Inc. expressly for use therein including, without limitation, the Underwriter Provided Portions; 
 (vi) There are no contracts or other documents required to be described in the Registration Statement or to be filed as exhibits to the Registration
Statement by the Act or by the rules and regulations thereunder which have not been described in, filed as exhibits to, or incorporated by reference in the Registration Statement, as required; the contracts so described in the Pricing Prospectus and
the Prospectus to which the Company or any of its subsidiaries is a party have been duly authorized, executed and delivered by the Company or its subsidiaries, constitute valid and binding agreements of the Company or its subsidiaries and are
enforceable against the Company or its subsidiaries in accordance with their respective terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or similar
laws in effect which affect the enforcement of creditors’ rights generally, (ii) general principles of equity, whether considered in a proceeding at law or in equity and (iii) state or federal securities laws or policies relating to
the non-enforceability of the indemnification provisions contained therein, and, to the Company’s knowledge, such contracts are enforceable in accordance with their respective terms by the Company against the other parties thereto, except as
such enforceability may be limited by (x)

  

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applicable bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or similar laws in effect which affect the enforcement of
creditors’ rights generally, (y) general principles of equity, whether considered in a proceeding at law or in equity and (z) state or federal securities laws or policies relating to the non-enforceability of the indemnification
provisions contained therein, and such contracts are in full force and effect on the date hereof; and neither the Company nor any of its subsidiaries, nor, to the best of the Company’s knowledge, any other party thereto, is in breach of or
default under any of such contracts, except for such breaches or defaults that will not result in a material adverse change in the general affairs, business, assets, management, financial position, stockholders’ equity or results of operations
of the Company and its subsidiaries taken as a whole (a “Material Adverse Change”); 
 (vii) Neither the Company nor any of its
subsidiaries has sustained since the date of the latest audited financial statements included or incorporated by reference in the Pricing Prospectus any loss or interference with its business from fire, explosion, flood or other calamity, whether or
not covered by insurance, or from any labor dispute or court or governmental action, order or decree, that is in each case material to the Company and any of its subsidiaries listed on Schedule IV hereto (the “Material Subsidiaries”) taken
as a whole, otherwise than as set forth or contemplated in the Pricing Prospectus; and, since the respective dates as of which information is given in the Registration Statement and the Pricing Prospectus, (i) there has not been any change in
the capital stock or long-term debt of the Company or any of its subsidiaries or any material adverse change or any development involving a prospective Material Adverse Change, and (ii) neither the Company nor its subsidiaries have entered into
any material transaction or incurred any material obligation outside of the ordinary course of business, other than as set forth in the Pricing Prospectus; 
 (viii) The Company and its Material Subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all other tangible properties and assets described in the Pricing
Prospectus as owned by it, in each case free and clear of all liens, charges, claims, encumbrances or restrictions, except such as (i) are described in the Pricing Prospectus or (ii) do not materially affect the value of such property and
do not interfere with the use made and proposed to be made of such property by the Company and its Material Subsidiaries; any real property and buildings held under lease by the Company and its Material Subsidiaries are held by them under valid,
subsisting and enforceable leases with such exceptions as are not material and do not interfere with the use made and proposed to be made of such property and buildings by the Company and its Material Subsidiaries; the Company and its Material
Subsidiaries own or lease all such properties as are necessary to its operations as now conducted or as currently proposed to be conducted; 
 (ix) Each of the Company and its Material Subsidiaries has been duly incorporated and is validly existing as a corporation in the case of the Company, and as the type of entity indicated on Schedule IV, in the case of the Material
Subsidiaries in good standing under the laws of its respective jurisdiction of organization, each with full power and authority (corporate and otherwise) to own its properties and conduct its business as described in the Pricing Prospectus, and each
has been duly qualified as a foreign entity for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties or conducts any business so as to require such qualification, except
where the 

  

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failure to be so qualified or in good standing would not result in any material liability or disability to the Company or such Material Subsidiary;

 (x) The Company has an authorized capitalization as set forth in the Pricing Prospectus and the Prospectus, and all the issued shares of
capital stock of the Company have been duly and validly authorized and issued, are fully paid and non-assessable and conform to the descriptions thereof contained or incorporated by reference in the Pricing Prospectus and the Prospectus; all of the
issued equity interests of each Material Subsidiary (i) have been duly and validly authorized and issued, are fully paid and non-assessable and (ii) except as disclosed in the Pricing Prospectus and the Prospectus, are owned directly by
the Company or another Material Subsidiary, free and clear of all liens, encumbrances, equities or claims; except as disclosed in or contemplated by the Pricing Prospectus and the Prospectus and the consolidated financial statements of the Company,
and the related notes thereto, contained or incorporated by reference in the Pricing Prospectus and the Prospectus, neither the Company nor any Material Subsidiary has outstanding any options to purchase, or any preemptive rights or other rights to
subscribe for or to purchase any securities or obligations convertible into, or any contracts or commitments to issue or sell, shares of its equity interests or any such options, rights, convertible securities or obligations; and the description of
the Company’s stock option plans and the options or other rights granted and exercised thereunder set forth in the Pricing Prospectus and the Prospectus accurately and fairly presents the information required by the Act and the published rules
and regulations of the Commission thereunder to be shown with respect to such plans, options and rights; 
 (xi) The unissued Shares to be
issued and sold by the Company to the Underwriters hereunder have been duly and validly authorized and, when issued and delivered against payment therefor as provided herein, will be duly and validly issued and fully paid and non-assessable and will
conform to the description of the Common Stock contained or incorporated by reference in the Pricing Prospectus and the Prospectus; no preemptive rights or other rights to subscribe for or purchase exist with respect to the issuance and sale of the
Shares by the Company pursuant to this Agreement; no stockholder of the Company has any right, which has not been waived, to require the Company to register the sale of any shares of capital stock owned by such stockholder under the Act in the
public offering contemplated by this Agreement; and no further approval or authority of the stockholders or the Board of Directors of the Company will be required for the issuance and sale of the Shares to be sold by the Company as contemplated
herein; 
 (xii) The Company has full corporate power and authority to enter into this Agreement; and this Agreement has been duly
authorized, executed and delivered by the Company, constitutes a valid and binding obligation of the Company and is enforceable against the Company in accordance with its terms subject as to enforcement of remedies to applicable bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting generally the enforcement of creditors’ rights and subject to a court’s discretionary authority with respect to the granting of a decree ordering specific performance or
other equitable remedies; 
 (xiii) The issue and sale of the Shares by the Company and the compliance by the Company with all of the
provisions of this Agreement and the consummation of the transactions herein contemplated will not conflict with or result in a breach or violation of any 

  

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of the terms or provisions of, or constitute a default under, any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to
which the Company or any of its subsidiaries is a party or by which the Company or any of its Material Subsidiaries is bound or to which any of the property or assets of the Company or any of its Material Subsidiaries is subject and which is, or was
required to be, filed as an exhibit to or described in the Registration Statement, the Pricing Prospectus, the Company’s Annual Report on Form 10-K for the year ended December 31, 2006 or any Quarterly Report on Form 10-Q or Current Report
on Form 8-K for any period after December 31, 2006 (the “Material Contracts”), nor will any such actions result in any violation of the provisions of the Certificate of Incorporation or By-laws of the Company as currently in effect or
any statute or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Company or any of its subsidiaries or any of their properties; and no consent, approval, authorization, order, registration or
qualification of or with any such court or governmental agency or body is required for the issue and sale of the Shares or the consummation by the Company of the transactions contemplated by this Agreement, except the registration under the Act of
the Shares and such consents, approvals, authorizations, registrations or qualifications as may be required under state securities or Blue Sky laws or the bylaws and rules of the Financial Industry Regulatory Authority (“FINRA”) in
connection with the purchase and distribution of the Shares by the Underwriters; 
 (xiv) Neither the Company nor any of its Material
Subsidiaries is in violation of its Certificate of Incorporation or By-laws, in the case of the Company, or its applicable organizational documents, in the case of the Material Subsidiaries or in default in the performance or observance of any
Material Contract; 
 (xv) The statements set forth in the Pricing Prospectus and the Prospectus under the caption “Description of
Capital Stock,” insofar as they purport to constitute a summary of the terms of the Common Stock and under the caption “Underwriting,” insofar as they purport to describe the provisions of the laws and documents referred to therein,
are accurate, complete and fair (except for the statements set forth in Underwriter Provided Portions, as to which the Company makes no representation or warranty); 
 (xvi) Except as disclosed in the Pricing Prospectus, there are no material legal or governmental actions, suits or proceedings pending or, to the best of the Company’s knowledge, threatened to which the Company
or any of its subsidiaries is or may be a party or of which property owned or leased by the Company or any of its subsidiaries is or may be the subject, or related to environmental or discrimination matters; no labor disturbance by the employees of
the Company or any of its subsidiaries exists or, to the knowledge of the Company, is imminent; and neither the Company nor any of its subsidiaries is a party or subject to the provisions of any material injunction, judgment, decree or order of any
court, regulatory body; 
 (xvii) The Company and its Material Subsidiaries possess all licenses, certificates, authorizations or permits
issued by the appropriate governmental or regulatory agencies or authorities that are necessary to enable them to own, lease and operate their respective properties and to carry on their respective businesses as presently conducted or as presently
proposed to be conducted, except for such licenses, certificates, authorizations or 

  

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permits for which the Company or any Material Subsidiary is in the process of applying, or, in the case of proposed operations, for which it plans to apply,
in any case which the Company has no reason to believe will not be issued or granted in the ordinary course; and neither the Company nor any of its Material Subsidiaries has received any notice of proceedings relating to the revocation or
modification of any such license, certificate, authority or permit; 
 (xviii) The Company and its subsidiaries (i) are in compliance in
all material respects with any and all applicable foreign, federal, state and local laws and regulations relating to the protection of human health and safety, including, without limitation, those relating to occupational safety and health, the
environment or hazardous or toxic substances or wastes, pollutants or contaminants, including, without limitation, those relating to the storage, handling or transportation of hazardous or toxic materials (collectively, “Environmental
Laws”) and (ii) are in compliance in all material respects with all terms and conditions of any such permit, license or approval. The Company, in its reasonable judgment, has concluded that any costs or liabilities associated with
Environmental Laws (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating
activities and any potential liabilities to third parties) would not, singly or in the aggregate, reasonably be expected to result in a Material Adverse Change; 
 (xix) Vitale, Caturano & Company, Ltd., who have audited certain financial statements of the Company, are independent public accountants as required by the Act and the rules and regulations of the Commission
thereunder and have been appointed by an Audit Committee comprised entirely of independent directors of the Board of Directors of the Company; 
 (xx) The consolidated financial statements and schedules of the Company, and the related notes thereto, included or incorporated by reference in the Registration Statement and the Pricing Prospectus present fairly the financial position of
the Company as of the respective dates of such financial statements and schedules, and the results of operations and cash flows of the Company for the respective periods covered thereby; such statements, schedules and related notes have been
prepared in accordance with generally accepted accounting principles in the United States applied on a consistent basis as certified by the independent public accountants named in paragraph (xix) above; no other financial statements or
schedules are required to be included or incorporated by reference in the Registration Statement; and the financial data set forth in the Pricing Prospectus under the captions “Capitalization,” “Selected Pro Forma Consolidated
Financial Data” and “Prospectus Summary—Summary Pro Forma Consolidated Financial Data” fairly present the information set forth therein on the basis stated in the Registration Statement; 
 (xxi) The summary and selected pro forma financial information set forth in the Registration Statement and the Pricing Prospectus reflects, subject to
the limitations set forth in the Registration Statement and the Pricing Prospectus as to such pro forma financial information, the results of operations of the Company and its consolidated subsidiaries purported to be shown thereby for the periods
indicated and conforms to the requirements of Regulation S-X of the rules and regulations of the Commission under the Act and management of the Company believes (i) the assumptions underlying the pro forma adjustments are 

  

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reasonable, (ii) that such adjustments have been properly applied to the historical amounts in the compilation of such pro forma statements and notes
thereto, and (iii) that such statements present fairly, with respect to the Company and its consolidated subsidiaries, the pro forma financial position and results of operations and the other information purported to be shown therein at the
respective dates or for the respective periods therein specified; 
 (xxii) The Company or one of its Material Subsidiaries owns, or
possesses and/or has been granted valid and enforceable licenses for, all registered patents, patent applications, trademarks, trademark applications, tradenames, servicemarks and copyrights necessary to the conduct of its business as such business
is described in the Pricing Prospectus (collectively, the “Registered Intellectual Property”). The Company has no knowledge of any infringement or misappropriation by third parties of any of the Registered Intellectual Property, or
any material inventions, manufacturing processes, formulae, trade secrets, know-how, unregistered trademarks, and other intangible property and assets necessary to the conduct of its business as such business is described in the Pricing Prospectus
(collectively, the “Other Intellectual Property,” and together with the Registered Intellectual Property, the “Intellectual Property”), nor is there any pending or, to the best knowledge of the Company, threatened
action, suit, proceeding or claim by others challenging the Company’s rights of title or other interest in or to any Intellectual Property and the Company does not know of any facts which would form a reasonable basis for any such claim. There
is no pending or, to the best knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity and scope of any Intellectual Property and the Company does not know of any facts which would form a reasonable
basis for any such claim. There is no pending or, to the best knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its products or processes or the Intellectual Property infringe or otherwise
violate any patent, trademark, servicemark, copyright, trade secret or other proprietary right of others and the Company is unaware of any facts which would form a reasonable basis for any such claim. The Company is not aware of (i) any grounds
for an interference proceeding before the United States Patent and Trademark Office in relation to any of the patents or patent applications currently owned by the Company, or (ii) any facts which would bar the grant of a patent from each of
the patent applications described in the Pricing Prospectus. There is no pending or, to the best knowledge of the Company, threatened action, suit proceeding or claim by any current or former employee, consultant or agent of the Company seeking
either ownership rights to any invention or other intellectual property right or compensation from the Company for any invention or other intellectual property right made by such employee, consultant or agent in the course of his/her employment with
the Company or otherwise. There is no act or omission by the Company or its agents or representatives of which the Company has knowledge that may render any patent or patent application within the Intellectual Property unpatentable, unenforceable or
invalid. Each of the Pricing Prospectus fairly and accurately describe in all material respects the Company’s rights with respect to the Intellectual Property; 
 (xxiii) The Company and each of its subsidiaries have filed all necessary federal, state and foreign income and franchise tax returns, each of which has been true and correct in all material respects, and has paid all
taxes required to be paid by it, except taxes being contested in good faith by appropriate proceedings and taxes the non-payment of which does not, or would not reasonably be expected to, cause a Material Adverse Change; and the Company has no

  

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knowledge of any material tax deficiency which has been or might be asserted or threatened against the Company or any of its subsidiaries; 
 (xxiv) The Company is not an “investment company” or an “affiliated person” of, or “promoter” or “principal
underwriter” for, an “investment company”, as such terms are defined in the Investment Company Act of 1940, as amended (the “Investment Company Act”); 
 (xxv) Each of the Company and its Material Subsidiaries maintains insurance of the types and in the amounts which it deems adequate for its business,
including, but not limited to, insurance covering real and personal property owned or leased by the Company and its subsidiaries against theft, damage, destruction, acts of vandalism and all other risks customarily insured against, all of which
insurance is in full force and effect; 
 (xxvi) Neither the Company nor any of its subsidiaries has at any time during the last five years
(i) made any unlawful contribution to any candidate for foreign office, or failed to disclose fully any contribution in violation of law, or (ii) made any payment to any foreign, federal or state governmental officer or official, or other
person charged with similar public or quasi-public duties, other than payments required or permitted by the laws of the United States, any foreign government or any respective jurisdiction thereof; 
 (xxvii) The Company has not taken and will not take, directly or indirectly through any of its directors, officers or controlling persons, any action
which is designed to or which has constituted or which might reasonably be expected to cause or result in stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Shares; 
 (xxviii) The Common Stock of the Company has been registered pursuant to Section 12(g) of the Exchange Act, the Company has filed an Additional
Listing Application for the Shares with the American Stock Exchange, which has been approved by the American Stock Exchange, and the Company is not required to take any further action for the inclusion of the Shares on the American Stock Exchange;

 (xxix) There are no business relationships or related-party transactions involving the Company or any subsidiary or any other person
required to be described in the Pricing Prospectus which have not been described as required; 
 (xxx) The Company maintains a system of
internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) that complies with the requirements of the Exchange Act and has been designed by the Company’s principal executive officer and
principal financial officer, or under their supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted
accounting principles. Except as disclosed in the Pricing Prospectus, the Company’s internal control over financial reporting is effective and the Company is not aware of any material weaknesses in its internal control over financial reporting;

  

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 (xxxi) Since the date of the latest audited financial statements included or incorporated by reference in
the Pricing Prospectus, there has been no change in the Company’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial
reporting; 
 (xxxii) The principal executive officers (or their equivalents) and principal financial officers (or their equivalents) of the
Company have duly made all certifications required by the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”) and any related rules and regulations promulgated by the Commission, and the statements contained in any such certification are
complete and correct as of the respective dates thereof. The Company has established and maintains and evaluates “disclosure controls and procedures” (as such term is defined in Rule 13a-15(e) under the Exchange Act); such disclosure
controls and procedures are designed to provide reasonable assurance that material information relating to the Company is made known to the Company’s principal executive officer and principal financial officer by others within those entities,
and such disclosure controls and procedures are effective at the reasonable assurance level to perform the functions for which they were established; 
 (xxxiii) The Company is in compliance in all material respects with all applicable provisions of the Sarbanes-Oxley Act and all rules and regulations promulgated thereunder that are then in effect, is implementing the
provisions thereof in accordance thereof, and is actively taking steps to ensure that it will be in compliance with other applicable provisions of the Sarbanes-Oxley Act not currently in effect upon the effectiveness of such provisions; 

(xxxiv) As the time of filing of the Registration Statement, the Company was not, and the Company on the date of this Agreement is not, an
“ineligible issuer” as defined in Rule 405 under the Act; 
 (xxxv) Without the prior consent of Canaccord Adams Inc., the Company
has not made and will not make any offer relating to the Shares that would constitute a “free writing prospectus” as defined in Rule 405 under the Act; and any free writing prospectus, the use of which has been consented to by the Company
and Canaccord Adams Inc. is listed on Schedule III(a) or III(b) hereto; 
 (xxxvi) The Company has complied and will comply
with the requirements of Rules 164 and 433 under the Act applicable to any Issuer Free Writing Prospectus, including timely filing with the Commission or retention where required and legending; and 
 (xxxvii) Except as otherwise disclosed in the Pricing Prospectus, the Company and its subsidiaries and any “employee benefit plan” (as defined
under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company, its subsidiaries or their ERISA
Affiliates (as defined below) are in compliance in all material respects with ERISA. “ERISA Affiliate” means, with respect to the Company or a subsidiary, any member of any group of organizations described in Sections 414(b),(c),(m)
or (o) of the Internal Revenue Code of 1986, as amended, and the regulations and published interpretations thereunder (the “Code”) of which the Company or such subsidiary is a member. No “reportable event” (as defined
under ERISA) has occurred or is reasonably expected to occur with respect to 

  

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any “employee benefit plan” established or maintained by the Company, its subsidiaries or any of their ERISA Affiliates. No “employee benefit
plan” established or maintained by the Company, its subsidiaries or any of their ERISA Affiliates, if such “employee benefit plan” were terminated, would have any “amount of unfunded benefit liabilities” (as defined under
ERISA). Neither the Company, its subsidiaries nor any of their ERISA Affiliates has incurred or reasonably expects to incur any liability under (i) Title IV of ERISA with respect to termination of, or withdrawal from, any “employee benefit
plan” or (ii) Sections 412, 4971, 4975 or 4980B of the Code. Each “employee benefit plan” established or maintained by the Company, its subsidiaries or any of their ERISA Affiliates that is intended to be qualified under
Section 401(a) of the Code is so qualified and nothing has occurred, whether by action or failure to act, which would cause the loss of such qualification. 
 2.     Shares Subject to Sale. On the basis of the representations, warranties and agreements contained herein, and subject to the terms and conditions of this Agreement: 
 (a) The Company agrees to sell to each of the Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company
at the First Time of Delivery, at a purchase price per share of $4.935, the number of Firm Shares (to be adjusted by Canaccord Adams Inc. so as to eliminate fractional shares) determined in each case by multiplying the aggregate number of Shares to
be sold by the Company by a fraction, the numerator of which is the aggregate number of Firm Shares to be purchased by such Underwriter as set forth opposite the name of such Underwriter in Schedule I hereto and the denominator of which is
the aggregate number of Firm Shares to be purchased by all of the Underwriters from the Company hereunder; and 
 (b) In the event and to the
extent that the Underwriters shall exercise the election to purchase Optional Shares as provided below, the Company agrees to sell to each of the Underwriters, and each of the Underwriters agrees, severally and not jointly, to purchase from the
Company, at the Second Time of Delivery, at the purchase price per share set forth in clause (a) of this Section 2, that number of Optional Shares determined by multiplying the number of Optional Shares as to which such election shall have
been exercised (to be adjusted by Canaccord Adams Inc. so as to eliminate fractional shares) by a fraction, the numerator of which is the maximum number of Optional Shares which such Underwriter is entitled to purchase as set forth opposite the name
of such Underwriter in Schedule I hereto and the denominator of which is the maximum number of Optional Shares that all of the Underwriters are entitled to purchase hereunder. 
 The Company hereby grants, severally and not jointly, to the Underwriters the right to purchase at their election up to 810,000 Optional Shares, at the
purchase price per share set forth in clause (a) of this Section 2, for the sole purpose of covering sales of shares in excess of the number of Firm Shares. Any such election to purchase Optional Shares shall be made in proportion to the
maximum number of Optional Shares to be sold by the Company. Any such election to purchase Optional Shares may be exercised only by written notice (the “Election Notice”) from Canaccord Adams Inc. to the Company, given within a
period of 30 calendar days after the date of this Agreement and setting forth the aggregate number of Optional Shares to be purchased and the date on which such Optional Shares are to be delivered, as determined by Canaccord Adams Inc. but in no
event earlier than the First Time of Delivery or, unless 

  

 11 

 
Canaccord Adams Inc. and the Company otherwise agree in writing, earlier than two or later than ten business days after the date of such notice. 

3.     Offering. Upon the authorization by Canaccord Adams Inc. of the release of the Firm Shares, the several Underwriters
propose to offer the Firm Shares for sale upon the terms and conditions set forth in the Prospectus. 
 4.
    Closing. Certificates in definitive form for the Shares to be purchased by each Underwriter hereunder, and in such denominations and registered in such names as Canaccord Adams Inc. may request upon at least
forty-eight hours’ prior notice to the Company, shall be delivered by or on behalf of the Company to Canaccord Adams Inc. for the account of such Underwriter, against payment by such Underwriter or on its behalf of the purchase price therefor
by wire transfer of same day funds to the account specified by the Company and the Custodian, as their interests may appear, all at the office of Canaccord Adams Inc., 99 High Street, Boston, Massachusetts 02110. The time and date of such delivery
and payment shall be, with respect to the Firm Shares, 9:30 a.m., Boston time, on October 3, 2007 or such other time and date as Canaccord Adams Inc. and the Company may agree upon in writing, and, with respect to the Optional Shares, 9:30
a.m., Boston time, on the date specified by Canaccord Adams Inc. in the Election Notice, or at such other time and date as Canaccord Adams Inc. and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein
called the “First Time of Delivery,” such time and date for delivery of the Optional Shares, if not the First Time of Delivery, is herein called the “Second Time of Delivery,” and each such time and date for
delivery is herein called a “Time of Delivery.” Such certificates will be made available for checking and packaging at least twenty-four hours prior to each Time of Delivery at such location as Canaccord Adams Inc. may specify. If
the Underwriters so elect, delivery of the Shares may be made by credit through full fast transfer to the accounts at the Depository Trust Company designated by Canaccord Adams Inc. 
 5.     Covenants of the Company. The Company agrees with each of the Underwriters: 
 (a) To prepare the Prospectus in a form approved by the Underwriters and to file such Prospectus pursuant to Rule 424(b) under the Act not later than
Commission’s close of business on the second business day following the execution and delivery of this Agreement, or, if applicable, such earlier time as may be required by the rules and regulations of the Commission under the Act, to make no
further amendment or supplement to the Registration Statement, the Pricing Prospectus or Prospectus to Canaccord Adams Inc. shall have reasonably and promptly objected; to advise Canaccord Adams Inc., promptly after it receives notice thereof, of
the time when the Registration Statement, or any amendment thereto, has been filed or becomes effective or any supplement to the Pricing Prospectus or the Prospectus or any amended Pricing Prospectus or Prospectus has been filed and to furnish
Canaccord Adams Inc. copies thereof; to advise Canaccord Adams Inc., promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any Issuer Free Writing
Prospectus, Preliminary Prospectus or Prospectus, of the suspension of the qualification of the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the
Commission for the amending or supplementing of the Registration Statement, the Pricing Prospectus or Prospectus or for additional information; and, in the event of the issuance of any stop order or of any order 

  

 12 

 
preventing or suspending the use of any Issuer Free Writing Prospectus, Preliminary Prospectus or Prospectus or suspending any such qualification, to use
promptly its best efforts to obtain its withdrawal; 
 (b) The Company will file promptly all material required to be filed by the Company
with the Commission pursuant to Rule 433(d) under the Act; 
 (c) Promptly, from time to time, to take such action as Canaccord Adams Inc.
may reasonably request to qualify the Shares for offering and sale under the securities laws of such jurisdictions as Canaccord Adams Inc. may request and to comply with such laws so as to permit the continuance of sales and dealings in such
jurisdictions for as long as may be necessary to complete the distribution of the Shares, provided that in connection therewith the Company shall not be required to qualify as a foreign corporation or to file a general consent to service of process
in any jurisdiction; 
 (d) To furnish the Underwriters with copies of each Issuer Free Writing Prospectus, any Preliminary Prospectus and
the Prospectus in such quantities as the Underwriters may from time to time reasonably request, and, if the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under the Act) is required at any time prior to the
expiration of nine months after the time of issuance of the Prospectus in connection with the offering or sale of the Shares and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would
include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in light of the circumstances under which they were made when such Prospectus (or in lieu thereof, the notice
referred to in Rule 173(a) under the Act) is delivered, not misleading, or, if for any other reason it shall be necessary during such same period to amend or supplement the Prospectus in order to comply with the Act, to notify Canaccord Adams Inc.
and upon Canaccord Adams Inc.’s request to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended Prospectus or a
supplement to the Prospectus which will correct such statement or omission or effect such compliance, and in case any Underwriter is required by law to deliver a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under the Act) in
connection with sales of any of the Shares at any time nine months or more after the time of issue of the Prospectus, upon the Underwriters request but at the expense of such Underwriter, to prepare and deliver to such Underwriter as many copies as
the Underwriters may request of an amended or supplemented Prospectus complying with Section 10(a)(3) of the Act; 
 (e) To make
generally available to its security holders as soon as practicable, but in any event not later than the forty-fifth (45th) day following the end of the full fiscal quarter first occurring after the first anniversary of the effective date of the
Registration Statement (as defined in Rule 158(c)), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Act and the rules and regulations of the Commission thereunder
(including, at the option of the Company, Rule 158); 
 (f) During the period beginning from the date hereof and continuing to and including
the date 90 days after the date of the Prospectus, not to offer, sell, contract to sell or otherwise dispose of any securities of the Company which are substantially similar to the Shares, 

  

 13 

 
without the prior written consent of Canaccord Adams Inc. other than the sale of the Shares to be sold by the Company hereunder (i) sales of shares of
Common Stock upon the exercise of currently outstanding options and warrants; (ii) sales or issuances of shares of Common Stock pursuant to any equity incentive plan established for the benefit of employees, officers and directors of, and
consultants and advisors to, the Company, and pursuant to any awards thereunder (“Employee Equity Incentives”), (iii) the issuance of shares of Common Stock upon the conversion of currently outstanding convertible securities and
(iv) the issuance of warrants, and the sale of shares of Common Stock upon exercise thereof, to Cargill, Incorporated in accordance with the terms of the Business Development Agreement, dated October 23, 2006, among the Company, Microgy,
Inc. and Cargill, Incorporated. 
 (g) Not to grant options to purchase shares of Common Stock which would become exercisable during a period
beginning from the date hereof and continuing to and including the date 90 days after the date of the Prospectus, other than Employee Equity Incentives; 
 (h) To furnish to its stockholders as soon as practicable after the end of each fiscal year an annual report (including a balance sheet and statements of income, stockholders’ equity and cash flow of the Company
and its consolidated subsidiaries certified by independent public accountants) and to make available (within the meaning of Rule 158(b) under the Act) as soon as practicable after the end of each of the first three quarters of each fiscal year
(beginning with the fiscal quarter ending after the effective date of the Registration Statement), consolidated summary financial information of the Company and its subsidiaries for such quarter in reasonable detail; 
 (i) During a period of five years from the effective date of the Registration Statement, to furnish to the Underwriters upon request copies of all
reports or other communications (financial or other) furnished to stockholders generally, and deliver to the Underwriters as soon as they are available, copies of any reports and financial statements furnished to or filed with the Commission, the
American Stock Exchange or any national securities exchange on which any class of securities of the Company is listed (such financial statements to be on a combined or consolidated basis to the extent the accounts of the Company and its subsidiaries
are combined or consolidated in reports furnished to its stockholders generally or to the Commission), it being acknowledged and agreed that any such report, communication or financial statements which are or are made publicly available via the
Commission’s EDGAR filing system need not be separately delivered; 
 (j) To use the net proceeds acquired by it from the sale of the
Shares in the manner specified in the Pricing Prospectus and the Prospectus under the caption “Use of Proceeds” and in a manner such that the Company will not become an “investment company” as that term is defined in the
Investment Company Act; 
 (k) Not to accelerate the vesting of any option issued under any stock option plan such that any such option may
be exercised within 90 days from the date of the Prospectus, except to the extent necessary as part of any severance arrangement with any departing employee; 
  

 14 

 (l) To use its best efforts to list, subject to notice of issuance, the Shares on the American Stock
Exchange; 
 (m) To give prompt notice to Canaccord Adams Inc. if at any time following issuance of an Issuer Free Writing Prospectus any
event occurred or occurs as a result of which such Issuer Free Writing Prospectus would conflict with the information in the Registration Statement, the Pricing Prospectus or the Prospectus or would include an untrue statement of a material fact or
omit to state any material fact necessary in order to make the statements therein, in light of the circumstances then prevailing, not misleading, and, if requested by Canaccord Adams Inc., to prepare and furnish without charge to each Underwriter an
Issuer Free Writing Prospectus or other document which will correct such conflict, statement or omission; and 
 (n) If the Company elects to
rely upon rule 462(b), to file a Rule 462(b) Registration Statement with the Commission in compliance with Rule 462(b) by 10:00 P.M. (Eastern Time), on the date of this Agreement, and at the time of filing to either pay to the Commission the filing
fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 111(b) under the Act. 
 6.     Expenses. The Company covenants and agrees with the several Underwriters that (a) the Company will pay or cause to be paid the following: (i) the fees, disbursements and expenses of the
Company’s counsel and accountants in connection with the registration of the Shares under the Act and all other expenses in connection with the preparation, printing and filing of each Issuer Free Writing Prospectus and the Registration
Statement, any Preliminary Prospectus and the Prospectus and amendments and supplements thereto and the mailing and delivering of copies thereof to the Underwriters and dealers; (ii) the cost of reproducing any Agreement Among Underwriters,
this Agreement, any necessary Blue Sky Memorandum and any other documents in connection with the offering, purchase, sale and delivery of the Shares; (iii) all expenses and filing fees in connection with the qualification of the Shares for
offering and sale under state securities laws as provided in Section 5(b) hereof and securing any required review by FINRA of the terms of the sale of the Shares, including the fees and disbursements of counsel for the Underwriters in
connection with such qualification and review and in connection with the Blue Sky Memorandum; (iv) all fees and expenses in connection with listing the Shares with the American Stock Exchange; (v) the cost of preparing stock certificates;
(vi) the cost and charges of any transfer agent or registrar; (vii) all other costs and expenses incident to the performance of the Company’s obligations hereunder which are not otherwise specifically provided for in this Section. It
is understood, however, that, except as provided in this Section, Section 6 and Section 11 hereof, the Underwriters will pay all of their own costs and expenses, including the fees of their counsel, stock transfer taxes on resale of any of
the Shares by them, and any advertising expenses connected with any offers they may make. 
 7.     Conditions of
Underwriters’ Obligations. The obligations of the Underwriters hereunder, as to the Shares to be delivered at each Time of Delivery, shall be subject, in their discretion, to the condition that all representations and warranties and other
statements of the Company herein are, at and as of such Time of Delivery, true and correct, the condition that the Company shall have performed all of its obligations hereunder theretofore to be performed, and the following additional conditions:

  

 15 

 (a) The Prospectus shall have been filed with the Commission pursuant to Rule 424(b) within the
applicable time period prescribed for such filing by the rules and regulations under the Act and in accordance with Section 5(a) hereof; no stop order suspending the effectiveness of the Registration Statement, any Preliminary Prospectus, the
Prospectus or any Issuer Free Writing Prospectus shall have been issued and no proceeding for that purpose shall have been initiated or threatened by the Commission; all material required to be filed by the Company pursuant to Rule 433(d) under the
Act shall have been filed with the Commission within the applicable time period prescribed for such filing by Rule 433 under the Act; and all requests for additional information on the part of the Commission shall have been complied with to
Canaccord Adams Inc.’s reasonable satisfaction; 
 (b) Goodwin Procter LLP, counsel to the Underwriters, shall have furnished to the
Underwriters such opinion or opinions, dated such Time of Delivery, with respect to this Agreement, the Registration Statement, the Pricing Disclosure Package, the Prospectus and other related matters as the Underwriters may reasonably request;

 (c) Pierce Atwood LLP, counsel to the Company, shall have furnished to the Underwriters their written opinion, dated such Time of
Delivery, in form and substance reasonably satisfactory to the Underwriters, with respect to the matters set forth in Annex I hereto; 
 (d)
On the date hereof and also at each Time of Delivery, Vitale, Caturano & Company, Ltd., shall have furnished to the Underwriters a letter or letters, dated the respective date of delivery thereof, in form and substance reasonably
satisfactory to the Underwriters, to the effect set forth in Annex III hereto; 
 (e) (i) Neither the Company nor any of its Material
Subsidiaries shall have sustained since the date of the latest audited financial statements included or incorporated by reference in the Pricing Prospectus any loss or interference with its business from fire, explosion, flood or other calamity,
whether or not covered by insurance, or from any labor dispute or court or governmental action, order or decree, otherwise than as set forth or contemplated in the Pricing Prospectus or which would not reasonably be expected to cause a Material
Adverse Change, and (ii) since the respective dates as of which information is given in the Pricing Prospectus, there shall not have been any change in the capital stock (other than issuances of Common Stock pursuant to the Company stock option
and equity incentive plans, the exercise of outstanding warrants or the conversion of outstanding convertible securities described in the Registration Statement and the Pricing Prospectus) or long-term debt of the Company or any Material Adverse
Change, other than as set forth or contemplated in the Pricing Prospectus, the effect of which, in any such case described in clause (i) or (ii), is in the sole judgment of Canaccord Adams Inc. so material and adverse as to make it
impracticable or inadvisable to proceed with the public offering or the delivery of the Shares being delivered at such Time of Delivery on the terms and in the manner contemplated in the Prospectus; 
 (f) On or after the date hereof there shall not have occurred any of the following: (i) additional material governmental restrictions, not in force
and effect on the date hereof, shall have been imposed upon trading in securities generally or minimum or maximum prices shall have been generally established on the New York Stock Exchange, the Nasdaq 

  

 16 

 
Global Market, the American Stock Exchange or in the over-the-counter market by the FINRA, or trading in securities generally shall have been suspended on
the New York Stock Exchange, the Nasdaq Global Market, the American Stock Exchange or in the over the counter market by the FINRA, or a general banking moratorium shall have been established by federal or New York authorities, (ii) a suspension
or material limitation in trading in securities generally on the American Stock Exchange, (iii) a suspension or material limitation in trading in the Company’s securities on the American Stock Exchange, (iv) an outbreak of major
hostilities or other national or international calamity or any substantial change in political, financial or economic conditions shall have occurred or shall have accelerated or escalated to such an extent, as, in the sole judgment of Canaccord
Adams Inc., to affect materially and adversely the marketability of the Shares or (v) there shall be any action, suit or proceeding pending or threatened, or there shall have been any development or prospective development involving
particularly the business or properties or securities of the Company or any of its subsidiaries or the transactions contemplated by this Agreement, which, in the sole judgment of Canaccord Adams Inc., has materially and adversely affected the
Company’s business or earnings and makes it impracticable or inadvisable to proceed with the public offering or the delivery of the Shares being delivered at such Time of Delivery on the terms and in the manner contemplated in the Prospectus;

 (g) The Shares to be sold at such Time of Delivery shall have been accepted for listing, subject to notice of issuance, on the American
Stock Exchange; 
 (h) Each director and executive officer of the Company, in their capacities as such, shall have executed and delivered to
the Underwriters agreements in which such holder undertakes, for 90 days after the date of the Prospectus, subject to certain exceptions stated therein, not to offer, sell, contract to sell, pledge, grant any option to purchase, make any short sale
or otherwise dispose of any shares of Common Stock, or any securities convertible into or exchangeable for, or any rights to purchase or acquire, shares of Common Stock, without the prior written consent of Canaccord Adams Inc.; 
 (i) The Company shall have furnished or caused to be furnished to the Underwriters at such Time of Delivery certificates of officers of the Company, in
their capacities as such, satisfactory to Canaccord Adams Inc., as to the accuracy of the representations and warranties of the Company, herein at and as of such Time of Delivery, as to the performance by the Company, of all of its obligations
hereunder to be performed at or prior to such Time of Delivery, and as to such other matters as the Underwriters may reasonably request, and the Company shall have furnished or caused to be furnished certificates as to the matters set forth in
subsections (a) and (e) of this Section, and as to such other matters as Canaccord Adams Inc. may reasonably request. 
  

	 	8.	Indemnification and Contribution. 

 (a) The Company
will indemnify and hold harmless each Underwriter and each person, if any, who controls such Underwriter against any losses, claims, damages or liabilities, joint or several, to which such Underwriter or controlling person may become subject, under
the Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or alleged untrue statement of a material fact contained in any Preliminary Prospectus,
the Registration Statement or the 

  

 17 

 
Prospectus, or any amendment or supplement thereto, any Issuer Free Writing Prospectus, any “issuer information” filed or required to be filed
pursuant to Rule 433(d) under the Act, any “road show” (as defined in Rule 433 under the Act) not constituting an Issuer Free Writing Prospectus (a “Non-Prospectus Road Show”) or arise out of or are based upon the omission
or alleged omission to state therein a material fact, in the case of the Registration Statement or any amendment thereto, required to be stated therein or necessary to make the statements therein not misleading and, in the case of any Preliminary
Prospectus, the Prospectus or any supplement thereto, any Issuer Free Writing Prospectus, any “issuer information” filed or required to be filed pursuant to Rule 433(d) under the Act, a Non-Prospectus Road Show or necessary to make the
statements therein, in light of the circumstances in which they were made, not misleading, and will reimburse each Underwriter for any legal or other expenses reasonably incurred by such Underwriter in connection with investigating or defending any
such action or claim as such expenses are incurred; provided, however, that the Company shall not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon an untrue
statement or alleged untrue statement or omission or alleged omission made in any Preliminary Prospectus, the Registration Statement or the Prospectus or any such amendment or supplement thereto, any Issuer Free Writing Prospectus or any
Non-Prospectus Road Show in reliance upon and in conformity with written information furnished to the Company by any Underwriter through Canaccord Adams Inc. expressly for use therein, including, without limitation, the Underwriter Provided
Portions. 
 (b) Each Underwriter will severally and not jointly indemnify and hold harmless the Company against any losses, claims, damages
or liabilities to which the Company may become subject, under the Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or alleged untrue statement
of a material fact contained in any Preliminary Prospectus, the Registration Statement or the Prospectus, or any amendment or supplement thereto, any Issuer Free Writing Prospectus or any Non-Prospectus Road Show, or arise out of or are based upon
the omission or alleged omission to state therein a material fact, in the case of the Registration Statement or any amendment thereto, required to be stated therein or necessary to make the statements therein not misleading and, in the case of the
Preliminary Prospectus, the Prospectus or any supplement thereto, any Issuer Free Writing Prospectus or any Non-Prospectus Road Show, necessary to make the statements therein, in light of the circumstances in which they were made, not misleading, in
each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission or alleged omission was made in any Preliminary Prospectus, the Registration Statement or the Prospectus or any such amendment or
supplement thereto, any Issuer Free Writing Prospectus or any Non-Prospectus Road Show in reliance upon and in conformity with written information furnished to the Company by such Underwriter through Canaccord Adams Inc. expressly for use therein,
including, without limitation, the Underwriter Provided Portions, and will reimburse the Company for any legal or other expenses reasonably incurred by the Company in connection with investigating or defending any such action or claim as such
expenses are incurred. 
 (c) Promptly after receipt by an indemnified party under subsection (a) or (b) above of notice of the
commencement of any action, such indemnified party shall, if a claim in respect thereof is to be made against the indemnifying party under such subsection, notify the indemnifying party in writing of the commencement thereof; provided,
however, that the 

  

 18 

 
omission so to notify the indemnifying party shall not relieve it from any liability which it may have to any indemnified party otherwise than under such
subsection except to the extent that the indemnified party is materially prejudiced thereby. In case any such action shall be brought against any indemnified party and it shall notify the indemnifying party of the commencement thereof, the
indemnifying party shall be entitled to participate therein and, to the extent that it shall wish, jointly with any other indemnifying party similarly notified, to assume the defense thereof, with counsel satisfactory to such indemnified party (who
shall not, except with the consent of the indemnified party, be counsel to the indemnifying party), and, after notice from the indemnifying party to such indemnified party of its election so to assume the defense thereof, the indemnifying party
shall not be liable to such indemnified party under such subsection for any legal expenses of other counsel or any other expenses, in each case subsequently incurred by such indemnified party, in connection with the defense thereof other than
reasonable costs of investigation. No indemnifying party shall, without the written consent of the indemnified party, effect the settlement or compromise of, or consent to the entry of any judgment with respect to, any pending or threatened action
or claim in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified party is an actual or potential party to such action or claim) unless such settlement, compromise or judgment (i) includes an
unconditional release of the indemnified party from all liability arising out of such action or claim and (ii) does not include a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of any indemnified
party. No indemnifying party shall be liable for any settlement of any action or claim effected without its written consent, which consent shall not be unreasonably withheld. 
 (d) If the indemnification provided for in this Section 8 is unavailable to or insufficient to hold harmless an indemnified party under subsection
(a) or (b) above in respect of any losses, claims, damages or liabilities (or actions in respect thereof) referred to therein, then each indemnifying party shall contribute to the amount paid or payable by such indemnified party as a
result of such losses, claims, damages or liabilities (or actions in respect thereof) in such proportion as is appropriate to reflect the relative benefits received by the Company on the one hand and the Underwriters on the other from the offering
of the Shares. If, however, the allocation provided by the immediately preceding sentence is not permitted by applicable law or if the indemnified party failed to give the notice required under subsection (c) above, then each indemnifying party
shall contribute to such amount paid or payable by such indemnified party in such proportion as is appropriate to reflect not only such relative benefits but also the relative fault of the Company on the one hand and the Underwriters on the other in
connection with the statements or omissions which resulted in such losses, claims, damages or liabilities (or actions in respect thereof), as well as any other relevant equitable considerations. The relative benefits received by the Company on the
one hand and the Underwriters on the other shall be deemed to be in the same proportion as the total net proceeds from the offering (before deducting expenses) received by the Company, bear to the total underwriting discounts and commissions
received by the Underwriters, in each case as set forth in the table on the cover page of the Pricing Prospectus and the Prospectus. The relative fault shall be determined by reference to, among other things, whether the untrue or alleged statement
of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company on the one hand or the Underwriters on the other and the parties’ relative intent, knowledge, access to information
and opportunity to correct or prevent such statement or omission. The Company and the Underwriters agree that it would not be just and equitable if contributions pursuant to this 

  

 19 

 
subsection (d) were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of
allocation which does not take account of the equitable considerations referred to above in this subsection (d). The amount paid or payable by an indemnified party as a result of the losses, claims, damages or liabilities (or actions in respect
thereof) referred to above in this subsection (d) shall be deemed to include any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the
provisions of this subsection (d) no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds
the amount of any damages which such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The Underwriters’ obligations in this subsection (d) to contribute are several in proportion to their
respective underwriting obligations and not joint. 
 (e) The obligations of the Company under this Section 8 shall be in addition to
any liability which the Company may otherwise have and shall extend, upon the same terms and conditions, to each person, if any, who controls any Underwriter within the meaning of the Act; and the obligations of the Underwriter under this
Section 8 shall be in addition to any liability which the respective Underwriters may otherwise have and shall extend, upon the same terms and conditions, to each officer and director of the Company and to each person, if any, who controls the
Company within the meaning of the Act. 
  

	 	9.	Termination. 

 (a) If any Underwriter shall default
in its obligation to purchase the Shares which it has agreed to purchase hereunder at a Time of Delivery, Canaccord Adams Inc. may in its sole discretion arrange for it or another party or other parties to purchase such Shares on the terms contained
herein. If within thirty-six (36) hours after such default by any Underwriter, Canaccord Adams Inc. does not arrange for the purchase of such Shares, then the Company shall be entitled to a further period of thirty-six (36) hours within
which to procure another party or other parties satisfactory to Canaccord Adams Inc. to purchase such Shares on such terms. In the event that, within the respective prescribed periods, Canaccord Adams Inc. notifies the Company that it has so
arranged for the purchase of such Shares, or the Company notify Canaccord Adams Inc. that it has so arranged for the purchase of such Shares, Canaccord Adams Inc. or the Company shall have the right to postpone such Time of Delivery for a period of
not more than seven (7) days, in order to effect whatever changes may thereby be made necessary in the Registration Statement or the Prospectus, or in any other documents or arrangements, and the Company agrees to file promptly any amendments
to the Registration Statement or the Prospectus which in Canaccord Adams Inc.’s opinion may thereby be made necessary. The term “Underwriter” as used in this Agreement shall include any person substituted under this Section with like
effect as if such person had originally been a party to this Agreement with respect to such Shares. 
 (b) If, after giving effect to any
arrangements for the purchase of the Shares of a defaulting Underwriter or Underwriters by Canaccord Adams Inc. and/or the Company as 

  

 20 

 
provided in subsection (a) above, the aggregate number of such Shares which remains unpurchased does not exceed one-tenth of the aggregate number of all
the Shares to be purchased at such Time of Delivery, then the Company shall have the right to require each non-defaulting Underwriter to purchase the number of Shares which such Underwriter agreed to purchase hereunder at such Time of Delivery and,
in addition, to require each non-defaulting Underwriter to purchase its pro rata share (based on the number of Shares which such Underwriter agreed to purchase hereunder) of the Shares of such defaulting Underwriter or Underwriters for which such
arrangements have not been made; but nothing herein shall relieve a defaulting Underwriter from liability for its default. 
 (c) If, after
giving effect to any arrangements for the purchase of the Shares of a defaulting Underwriter or Underwriters by Canaccord Adams Inc. and the Company as provided in subsection (a) above, the aggregate number of such Shares which remains
unpurchased exceeds one-tenth of the aggregate number of all the Shares to be purchased at such Time of Delivery, or if the Company shall not exercise the right described in subsection (b) above to require non-defaulting Underwriters to
purchase Shares of a defaulting Underwriter or Underwriters, then this Agreement (or, with respect to the Second Time of Delivery, the obligations of the Underwriters to purchase and of the Company to sell the Optional Shares) shall thereupon
terminate, without liability on the part of any non-defaulting Underwriter or the Company, except for the expenses to be borne by the Company and the Underwriters as provided in Section 6 hereof and the indemnity and contribution agreements in
Section 8 hereof, but nothing herein shall relieve a defaulting Underwriter from liability for its default. 
 10.
    Survival. The respective indemnities, agreements, representations, warranties and other statements of the Company and the several Underwriters, as set forth in this Agreement or made by or on behalf of them,
respectively, pursuant to this Agreement, shall remain in full force and effect, regardless of any investigation (or any statement as to the results thereof) made by or on behalf of any Underwriter or any controlling person of any Underwriter, or
the Company, or any officer or director or controlling person of the Company, and shall survive delivery of and payment for the Shares. 
 11.     Expenses of Termination. If this Agreement shall be terminated pursuant to Section 9 hereof, the Company shall then have no liability to any Underwriter except as provided in Section 6 and
Section 8 hereof; but, if for any other reason this Agreement is terminated, or the transactions contemplated hereby shall not have been consummated due to any of the conditions set forth in Section 7 hereof not having been met, or the
Shares are not delivered by or on behalf of the Company as provided herein, the Company will reimburse the Underwriters for all reasonable out-of-pocket expenses incurred by the Underwriters in connection with the proposed offering, including all
reasonable fees and disbursements of counsel and all of the Underwriters’ reasonable travel and related expenses arising out of the engagement contemplated hereby, but the Company shall have no further liability to any Underwriter in respect of
the Shares not so delivered except as provided in Section 6 and Section 8 hereof. All expenses referred to in this Section 11 are to be paid within 30 days of receipt of an invoice. 
 12.     Notice. In all dealings hereunder, Canaccord Adams Inc. shall act on behalf of each of the Underwriters, and the
parties hereto shall be entitled to act and rely upon any 

  

 21 

 
statement, request, notice or agreement on behalf of any Underwriter made or given by Canaccord Adams Inc. on behalf of the Underwriters. 
 All statements, requests, notices and agreements hereunder shall be in writing, and if to the
Underwriters shall be delivered or sent by mail, telex or facsimile transmission to the Underwriters in care of Canaccord Adams Inc., 99 High Street, 11th
Floor, Boston, Massachusetts 02110, Attention: Equity Capital Markets; and if to the Company shall be delivered or sent by mail, telex or facsimile transmission to the address of the Company set forth in the Registration Statement, Attention:
President and Chief Executive Officer; provided, however, that any notice to an Underwriter pursuant to Section 8(c) hereof shall be delivered or sent by mail, telex or facsimile transmission to such Underwriter at its address set
forth in its Underwriter’s Questionnaire or telex constituting such Questionnaire, which address will be supplied to the Company by Canaccord Adams Inc. on request. Any such statements, requests, notices or agreements shall take effect upon
receipt thereof. 
 13.     Information Provided by the Underwriters. The Company and the Underwriters
acknowledge that, for purposes of this Agreement, the statements set forth in paragraphs 5, 8, 9 and 10 under the heading “Underwriting” in the Pricing Prospectus and the Prospectus regarding selling concessions, discounts, stabilization,
syndicate short positions and penalty bids constitute the only information furnished in writing to the Company by any Underwriter through Canaccord Adams Inc. expressly for use in the Registration Statement, any Preliminary Prospectus or the
Prospectus (the “Underwriter Provided Portions”). In addition, the Company and the Underwriters acknowledge that, for purposes of this Agreement, no information has been furnished in writing to the Company by any Underwriter through
Canaccord Adams Inc. expressly for use in any Issuer Free Writing Prospectus or Non-Prospectus Road Show. 
  

	 	14.	Miscellaneous. 

 (a) This Agreement shall be binding
upon, and inure solely to the benefit of, the Underwriters and the Company and, to the extent provided in Sections 8 and 10 hereof, the officers and directors of the Company and each person who controls the Company or any Underwriter, and their
respective heirs, executors, administrators, successors and assigns, and no other person shall acquire or have any right under or by virtue of this Agreement. No purchaser of any of the Shares from any Underwriter shall be deemed a successor or
assign by reason merely of such purchase. 
 (b) Time shall be of the essence of this Agreement. As used herein, the term “business
day” shall mean any day when the Commission’s office in Washington, D.C. is open for business. 
 (c) This Agreement shall be
governed by and construed in accordance with the laws of The Commonwealth of Massachusetts. 
 (d) This Agreement may be executed by any one
or more of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. 
  

 22 

 (e) The Company and the Underwriters acknowledge and agree that (i) the purchase and sale of the
Shares pursuant to this Agreement is an arm’s-length commercial transaction between the Company, on the one hand, and the several Underwriters, on the other, (ii) in connection therewith and with the process leading to such transaction
each Underwriter is acting solely as a principal and not the agent or fiduciary of the Company, (iii) no Underwriter has assumed an advisory or fiduciary responsibility in favor of the Company with respect to the offering contemplated hereby or
the process leading thereto (irrespective of whether such Underwriter has advised or is currently advising the Company on other matters) or any other obligation to the Company except the obligations expressly set forth in this Agreement and
(iv) the Company has consulted its own legal advisors to the extent it deemed appropriate. The Company agrees that it will not claim that the Underwriters, or any of them, has rendered advisory services of any nature or respect, or owes a
fiduciary or similar duty to the Company, in connection with such transaction or the process leading thereto. 
  

 23 

 If the foregoing is in accordance with your understanding, please sign and return to us six counterparts
hereof, and upon the acceptance hereof by you, on behalf of each of the Underwriters, this letter and such acceptance hereof shall constitute a binding agreement among each of the Underwriters and the Company. It is understood that your acceptance
of this letter on behalf of each of the Underwriters is pursuant to the authority set forth in an Agreement among Underwriters, the form of which shall be submitted to the Company for examination, upon request, but without warranty on your part as
to the authority of the signors thereof. 
  

			
	 Very truly yours,
  
 ENVIRONMENTAL POWER CORPORATION

		
	By:	 	/s/ Richard E. Kessel
		 	 Richard E. Kessel
 President and Chief Executive
Officer

 Accepted as of the date hereof at Boston, Massachusetts 
 CANACCORD ADAMS INC., 
  

			
	
		
	By:	 	/s/ Russell W. Landon
		 	 Name: Russell W. Landon
 Title: Managing
Director

  

			
	MERRIMAN CURHAN FORD & CO.
		
	By:	 	/s/ Suzanne Skipper
		 	 Name: Suzanne Skipper
 Title: Managing
Director,
   Head of ECM

  

			
	AVONDALE PARTNERS, LLC
		
	By:	 	/s/ R. Patrick Shepherd
		 	 Name: R. Patrick Shepherd
 Title: Senior Managing
Partner

  

 24 

 SCHEDULE I 
  

					
	 	  	Total Number
of Firm Shares
to be Purchased	  	Number of
Optional Shares
to be Purchased
if Maximum
Option Exercised
	 Canaccord Adams Inc.
	  	3,240,000	  	486,000
	 Merriman Curhan Ford & Co.
	  	1,620,000	  	243,000
	 Avondale Partners
	  	540,000	  	81,000
			
	 TOTAL
	  	5,400,000	  	810,000

 SCHEDULE III(a) 
 Electronic Road Show recorded September 13, 2007 
  

 SCHEDULE III(b) 
 None 
  

 SCHEDULE IV 
 Material Subsidiaries 
  

							
	 Entity Name
	  	 Entity Type
	  	 Jurisdiction of
 Organization
	  	Equity Owner(s)
				
	Microgy, Inc.	  	Corporation	  	Colorado	  	Environmental Power
Corporation
				
	Microgy Holdings, LLC	  	Limited liability company	  	Delaware	  	Environmental Power
Corporation
				
	Microgy O&M, LLC	  	Limited liability company	  	Delaware	  	Environmental Power
Corporation
				
	MST Production, Ltd.	  	Limited partnership	  	Texas	  	MST GP, LLC (general
partner)
				
		  		  		  	Microgy Holdings, LLC
(limited partner)
				
	MST GP, LLC	  	Limited liability company	  	Texas	  	Microgy Holdings, LLC
				
	MST Estates, LLC	  	Limited liability company	  	Texas	  	MST Production, Ltd.
				
	Rio Leche Estates, L.L.C.	  	Limited liability company	  	Texas	  	Microgy Holdings, LLC
				
	Mission Biogas, L.L.C.	  	Limited liability company	  	Texas	  	Microgy Holdings, LLC
				
	Hereford Biogas, L.L.C.	  	Limited liability company	  	Texas	  	Microgy Holdings, LLC
				
	EPC Corporation	  	Corporation	  	Delaware	  	Environmental Power
Corporation
				
	Buzzard Power Corporation	  	Corporation	  	Delaware	  	EPC Corporation

  

 ANNEX III 
 Pursuant to Section 7(d) of the Underwriting Agreement, Vitale, Caturano & Company, Ltd. shall furnish letters to the Underwriters to the effect that: 
 (i) They are independent certified public accountants with respect to the Company and its subsidiaries within the meaning of the Act and the applicable
published rules and regulations thereunder; 
 (ii) In their opinion, the financial statements and any supplementary financial information
and schedules (and, if applicable, pro forma financial information) examined by them and included or incorporated by reference in the Registration Statement or the Prospectus comply as to form in all material respects with the applicable accounting
requirements of the Act or the Exchange Act, if applicable, and the related published rules and regulations thereunder; and, if applicable, they have made a review in accordance with standards established by the American Institute of Certified
Public Accountants of the consolidated interim financial statements, selected financial data, pro forma financial information and/or condensed financial statements derived from audited financial statements of the Company for the periods specified in
such letter, as indicated in their reports thereon, copies of which have been separately furnished to the Underwriters; 
 (iii) They have
made a review in accordance with standards established by the American Institute of Certified Public Accountants of the unaudited condensed consolidated statements of income, consolidated balance sheets and consolidated statements of cash flows
included in the Prospectus and/or included in the Company’s Quarterly Reports on Form 10-Q incorporated by reference into the Prospectus as indicated in their reports thereon, copies of which have been separately furnished to the Underwriters;
and on the basis of specified procedures including inquiries of officials of the Company who have responsibility for financial and accounting matters regarding whether the unaudited condensed consolidated financial statements referred to in
paragraph (v)(A)(i) below comply as to form in all material respects with the applicable accounting requirements of the Act and the Exchange Act and the related published rules and regulations, nothing came to their attention that caused them to
believe that the unaudited condensed consolidated financial statements do not comply as to form in all material respects with the applicable accounting requirements of the Act and the Exchange Act and the related published rules and regulations;

 (iv) The unaudited selected financial information with respect to the consolidated results of operations and financial position of the
Company for the five most recent fiscal years included in the Prospectus and included or incorporated by reference in Item 6 of the Company’s Annual Report on Form 10-K for the most recent fiscal year, agrees with the corresponding amounts
(after restatement where applicable) in the audited consolidated financial statements for such five fiscal years which were included or incorporated by reference in the Company’s Annual Report on Form 10-K for such fiscal years; 
 (v) On the basis of limited procedures, not constituting an examination in accordance with generally accepted auditing standards, consisting of a reading
of the unaudited financial statements and other information referred to below, a reading of the latest available interim 

  

 III-1 

 
financial statements of the Company and its subsidiaries, inspection of the minute books of the Company and its subsidiaries since the date of the latest
audited financial statements included or incorporated by reference in the Prospectus, inquiries of officials of the Company and its subsidiaries responsible for financial and accounting matters and such other inquiries and procedures as may be
specified in such letter, nothing came to their attention that caused them to believe that: 
 (A) (i) the unaudited condensed consolidated
statements of income, consolidated balance sheets and consolidated statements of cash flows included in the Prospectus and/or included or incorporated by reference in the Company’s Quarterly Reports on Form 10-Q incorporated by reference in the
Prospectus do not comply as to form in all material respects with the applicable accounting requirements of the Act and the Exchange Act as it applies to Form 10-Q and the related published rules and regulations, or (ii) any material
modifications should be made to the unaudited condensed consolidated statements of income, consolidated balance sheets and consolidated statements of cash flows included in the Prospectus or included in the Company’s Quarterly Reports on Form
10-Q incorporated by reference in the Prospectus, for them to be in conformity with generally accepted accounting principles; 
 (B) any other
unaudited income statement data and balance sheet items included in the Prospectus do not agree with the corresponding items in the unaudited consolidated financial statements from which such data and items were derived, and any such unaudited data
and items were not determined on a basis substantially consistent with the basis for the corresponding amounts in the audited consolidated financial statements included in the Prospectus or incorporated by reference to the Company’s Annual
Report on Form 10-K for the most recent fiscal year; 
 (C) the unaudited financial statements which were not included in the Prospectus but
from which were derived any unaudited condensed financial statements referred to in clause (A) and any unaudited income statement data and balance sheet items included in the Prospectus and referred to in clause (B) were not determined on
a basis substantially consistent with the basis for the audited consolidated financial statements included in the Prospectus or incorporated by reference to the Company’s Annual Report on Form 10-K for the most recent fiscal year; 

(D) any unaudited pro forma consolidated condensed financial statements included or incorporated by reference in the Prospectus do not comply as to
form in all material respects with the applicable accounting requirements of the Act and the published rules and regulations thereunder or the pro forma adjustments have not been properly applied to the historical amounts in the compilation of those
statements; 
 (E) as of a specified date not more than five days prior to the date of such letter, there have been any changes in the
consolidated capital stock (other than 

  

 III-2 

 
issuances of capital stock upon exercise of options and stock appreciation rights, upon earn-outs of performance shares and upon conversions of convertible
securities, in each case which were outstanding on the date of the latest financial statements included or incorporated by reference in the Prospectus) or any increase in the combined long-term debt of the Company and its subsidiaries, or any
decreases in combined net current assets or net assets or other items specified by the Underwriters, or any increases in any items specified by the Underwriters, in each case as compared with amounts shown in the latest balance sheet included or
incorporated by reference in the Prospectus, except in each case for changes, increases or decreases which the Prospectus discloses have occurred or may occur or which are described in such letter; and 
 (F) for the period from the date of the latest financial statements included or incorporated by reference in the Prospectus to the specified date referred
to in clause (E) there were any decreases in consolidated net revenues or operating profit or the total or per share amounts of consolidated net income or other items specified by the Underwriters, or any increases in any items specified by the
Underwriters, in each case as compared with the comparable period of the preceding year and with any other period of corresponding length specified by the Underwriters, except in each case for decreases or increases which the Prospectus discloses
have occurred or may occur or which are described in such letter; and 
 (vi) In addition to the examination referred to in their report(s)
included or incorporated by reference in the Prospectus and the limited procedures, inspection of minute books, inquiries and other procedures referred to in paragraphs (iii) and (v) above, they have carried out certain specified
procedures, not constituting an examination in accordance with generally accepted auditing standards, with respect to certain amounts, percentages and financial information specified by the Underwriters which are derived from the general accounting
records of the Company and its subsidiaries, which appear in the Prospectus, or in Part II of, or in exhibits and schedules to, the Registration Statement specified by the Underwriters, and have compared certain of such amounts, percentages and
financial information with the accounting records of the Company and its subsidiaries and have found them to be in agreement. 
  

 III-3Credit Agreement

 Exhibit 10.1 
 EXECUTION COPY 
  

 $800,000,000 
 CREDIT AGREEMENT 
 dated as of 
 September 28, 2007 
 among 
 TUPPERWARE BRANDS CORPORATION, 
 as the Borrower 
 The Lenders Party Hereto,

 JPMORGAN CHASE BANK, N.A., 
 as
Administrative Agent, Swingline Lender and Issuing Bank 
 KEY BANK NATIONAL ASSOCIATION, 
 as Syndication Agent and Joint Lead Arranger 
 CALYON NEW YORK BRANCH, 
 as Co-Documentation Agent 
 and 
 WACHOVIA BANK, NATIONAL ASSOCIATION 
 as Co-Documentation Agent 
  

 J.P. MORGAN SECURITIES INC., 
 as Sole
Bookrunner and Joint Lead Arranger 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	ARTICLE I DEFINITIONS	  	1
	 SECTION 1.01.
	  	Defined Terms	  	1
	 SECTION 1.02.
	  	Classification of Loans and Borrowings	  	30
	 SECTION 1.03.
	  	Terms Generally	  	30
	 SECTION 1.04.
	  	Accounting Terms; GAAP	  	31
		
	ARTICLE II THE CREDITS	  	31
	 SECTION 2.01.
	  	Commitments	  	31
	 SECTION 2.02.
	  	Loans and Borrowings	  	31
	 SECTION 2.03.
	  	Requests for Borrowings	  	32
	 SECTION 2.04.
	  	[Intentionally Omitted]	  	33
	 SECTION 2.05.
	  	Swingline Loans	  	33
	 SECTION 2.06.
	  	Letters of Credit	  	34
	 SECTION 2.07.
	  	Funding of Borrowings	  	38
	 SECTION 2.08.
	  	Interest Elections	  	38
	 SECTION 2.09.
	  	Termination, Reduction and Increase of Commitments	  	40
	 SECTION 2.10.
	  	Repayment of Loans; Evidence of Debt	  	41
	 SECTION 2.11.
	  	Prepayment of Loans	  	42
	 SECTION 2.12.
	  	Fees	  	46
	 SECTION 2.13.
	  	Interest	  	47
	 SECTION 2.14.
	  	Alternate Rate of Interest	  	47
	 SECTION 2.15.
	  	Increased Costs	  	48
	 SECTION 2.16.
	  	Break Funding Payments	  	49
	 SECTION 2.17.
	  	Taxes	  	50
	 SECTION 2.18.
	  	Payments Generally; Pro Rata Treatment; Sharing of Set-offs	  	51
	 SECTION 2.19.
	  	Mitigation Obligations; Replacement of Lenders	  	52
		
	ARTICLE III REPRESENTATIONS AND WARRANTIES	  	53
	 SECTION 3.01.
	  	Existence, Qualification and Power; Compliance with Laws	  	53
	 SECTION 3.02.
	  	Authorization; No Contravention	  	54
	 SECTION 3.03.
	  	Governmental Authorization; Other Consents	  	54
	 SECTION 3.04.
	  	Binding Effect	  	54
	 SECTION 3.05.
	  	Financial Statements; No Material Adverse Effect	  	54
	 SECTION 3.06.
	  	Litigation	  	55
	 SECTION 3.07.
	  	No Default	  	55
	 SECTION 3.08.
	  	Ownership of Property; Liens; Investments	  	55
	 SECTION 3.09.
	  	Environmental Compliance	  	56
	 SECTION 3.10.
	  	Insurance	  	57
	 SECTION 3.11.
	  	Taxes	  	57
	 SECTION 3.12.
	  	ERISA Compliance	  	58
	 SECTION 3.13.
	  	Subsidiaries; Equity Interests; Loan Parties	  	59
	 SECTION 3.14.
	  	Margin Regulations; Investment Company Act	  	59

  

 i 

					
	 SECTION 3.15.
	  	Disclosure	  	59
	 SECTION 3.16.
	  	Compliance with Laws	  	60
	 SECTION 3.17.
	  	Intellectual Property; Licenses, Etc	  	60
	 SECTION 3.18.
	  	Solvency	  	60
	 SECTION 3.19.
	  	Casualty, Etc	  	60
		
	ARTICLE IV CONDITIONS	  	61
	 SECTION 4.01.
	  	Effective Date	  	61
	 SECTION 4.02.
	  	Each Credit Event	  	64
		
	ARTICLE V AFFIRMATIVE COVENANTS	  	65
	 SECTION 5.01.
	  	Financial Statements	  	65
	 SECTION 5.02.
	  	Certificates; Other Information	  	66
	 SECTION 5.03.
	  	Notices	  	68
	 SECTION 5.04.
	  	Payment of Obligations	  	69
	 SECTION 5.05.
	  	Preservation of Existence, Etc.	  	69
	 SECTION 5.06.
	  	Maintenance of Properties	  	70
	 SECTION 5.07.
	  	Maintenance of Insurance	  	70
	 SECTION 5.08.
	  	Compliance with Laws	  	70
	 SECTION 5.09.
	  	Books and Records	  	70
	 SECTION 5.10.
	  	Inspection Rights	  	70
	 SECTION 5.11.
	  	Use of Proceeds	  	70
	 SECTION 5.12.
	  	Covenant to Guarantee Obligations and Give Security	  	71
	 SECTION 5.13.
	  	Compliance with Environmental Laws	  	74
	 SECTION 5.14.
	  	Preparation of Environmental Reports	  	74
	 SECTION 5.15.
	  	Further Assurances	  	74
	 SECTION 5.16.
	  	Interest Rate Hedging	  	75
	 SECTION 5.17.
	  	Compliance with Material Contracts	  	75
	 SECTION 5.18.
	  	Protected Subsidiaries and Financing Subsidiaries	  	75
		
	ARTICLE VI NEGATIVE COVENANTS	  	75
	 SECTION 6.01.
	  	Liens	  	75
	 SECTION 6.02.
	  	Indebtedness	  	77
	 SECTION 6.03.
	  	Investments	  	79
	 SECTION 6.04.
	  	Fundamental Changes	  	82
	 SECTION 6.05.
	  	Dispositions	  	82
	 SECTION 6.06.
	  	Restricted Payments	  	83
	 SECTION 6.07.
	  	Change in Nature of Business	  	84
	 SECTION 6.08.
	  	Transactions with Affiliates	  	84
	 SECTION 6.09.
	  	Burdensome Agreements	  	85
	 SECTION 6.10.
	  	Use of Proceeds	  	85
	 SECTION 6.11.
	  	Financial Covenants	  	85
	 SECTION 6.12.
	  	Amendments of Organization Documents	  	86
	 SECTION 6.13.
	  	Accounting Changes	  	86
	 SECTION 6.14.
	  	Prepayments, Etc. of Indebtedness	  	86
	 SECTION 6.15.
	  	Amendment of Indebtedness	  	87
	 SECTION 6.16.
	  	Wholly Owned Subsidiaries	  	87

  

 ii 

					
	 SECTION 6.17.
	  	Speculative Transactions	  	87
	 SECTION 6.18.
	  	Formation of Subsidiaries	  	87
		
	ARTICLE VII EVENTS OF DEFAULT	  	87
	 SECTION 7.01.
	  	Event of Default	  	87
	 SECTION 7.02.
	  	Application of Funds	  	90
		
	ARTICLE VIII THE ADMINISTRATIVE AGENT	  	91
		
	ARTICLE IX MISCELLANEOUS	  	93
	 SECTION 9.01.
	  	Notices	  	93
	 SECTION 9.02.
	  	Waivers; Amendments	  	94
	 SECTION 9.03.
	  	Expenses; Indemnity; Damage Waiver	  	95
	 SECTION 9.04.
	  	Successors and Assigns	  	96
	 SECTION 9.05.
	  	Survival	  	99
	 SECTION 9.06.
	  	Counterparts; Integration; Effectiveness	  	99
	 SECTION 9.07.
	  	Severability	  	100
	 SECTION 9.08.
	  	Right of Setoff	  	100
	 SECTION 9.09.
	  	Governing Law; Jurisdiction; Consent to Service of Process	  	100
	 SECTION 9.10.
	  	WAIVER OF JURY TRIAL	  	101
	 SECTION 9.11.
	  	Headings	  	101
	 SECTION 9.12.
	  	Confidentiality	  	101
	 SECTION 9.13.
	  	Interest Rate Limitation	  	102
	 SECTION 9.14.
	  	USA PATRIOT Act	  	102

 SCHEDULES: 
 Schedule 1.01 — Pricing Schedule 
 Schedule 1.01(a) — Existing Letters of Credit 
 Schedule 1.02(a) — Significant Foreign Subsidiaries 
 Schedule 2.01
— Commitments 
 Schedule 3.03 — Government Authorizations and Other Consents 
 Schedule 3.05 — Material Indebtedness 
 Schedule 3.08(a) — Existing Liens 
 Schedule 3.08(b) — Owned Real Property 
 Schedule 3.08(c) — Leased
Real Property 
 Schedule 3.08(d) — Existing Investments 
 Schedule 3.11 — Tax Sharing Agreements 
 Schedule 3.13 — Subsidiaries and Other Equity Investments; Loan Parties 
 Schedule 5.12 — Guarantors 
 Schedule 6.02(d) — Existing
Indebtedness 
 Schedule 6.02(m) — Secured Foreign Credit Lines 
  

 iii 

 EXHIBITS: 
 Exhibit A —
Form of Assignment and Assumption 
 Exhibit B — Form of Compliance Certificate 
 Exhibit C — Form of Guaranty 
 Exhibit D — Form of Security Agreement 
  

 iv 

 THIS CREDIT AGREEMENT (as it may be amended, restated or modified from time to time, this
“Agreement”) dated as of September 28, 2007, among TUPPERWARE BRANDS CORPORATION, a Delaware corporation, the LENDERS party hereto, and JPMORGAN CHASE BANK, N.A., as Administrative Agent. 
 The parties hereto agree as follows: 
 ARTICLE I 
 DEFINITIONS 
 SECTION 1.01. Defined Terms. As used in this Agreement, the following terms have the meanings specified below: 
 “ABR”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Alternate
Base Rate. 
 “Act” has the meaning set forth in Section 9.14. 
 “Adjusted LIBO Rate” means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded
upwards, if necessary, to the next 1/16 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate. 
 “Administrative Agent” means JPMorgan Chase Bank, N.A., in its capacity as administrative agent for the Secured Parties hereunder. 
 “Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the Administrative Agent. 
 “Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one or more intermediaries, Controls
or is Controlled by or is under common Control with such Person. 
 “Agreement” has the meaning set forth in the
introductory paragraph. 
 “Alternate Base Rate” means, for any day,
a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Base CD Rate in effect on such day plus 1% and (c) the Federal Funds Effective Rate in effect on such day plus  1/2 of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Base CD Rate or the Federal
Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate, the Base CD Rate or the Federal Funds Effective Rate, respectively. 
 “Applicable Indemnitor” has the meaning set forth in Section 7.01(h). 
 “Applicable Percentage” means with respect to the Revolving Commitments of any Lender, (i) the percentage of the total Revolving
Commitments represented by such Lender’s Revolving Commitment or (ii) if the Revolving Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Revolving Commitments most recently in effect,
giving effect to any assignments. 
  

 1 

 “Applicable Rate” means, for any day, with respect to any Eurodollar Loan or with
respect to the commitment fees payable hereunder, the applicable rate per annum set forth on Schedule 1.01 under the caption “Eurodollar Spread” or “Commitment Fee Rate”, as the case may be, based upon the Consolidated
Leverage Ratio. 
 “Approved Fund” has the meaning set forth in Section 9.04(c). 
 “Assessment Rate” means, for any day, the annual assessment rate in effect on such day that is payable by a member of the Bank Insurance
Fund classified as “well capitalized” and within supervisory subgroup “B” (or a comparable successor risk classification) within the meaning of 12 C.F.R. Part 327 (or any successor provision) to the Federal Deposit Insurance
Corporation for insurance by such Corporation of time deposits made in dollars at the offices of such member in the United States; provided that if, as a result of any change in any law, rule or regulation, it is no longer possible to
determine the Assessment Rate as aforesaid, then the Assessment Rate shall be such annual rate as shall be determined by the Administrative Agent to be representative of the cost of such insurance to the Lenders. 
 “Assignment and Assumption” means an assignment and assumption entered into by a Lender and an assignee (with the consent of any party
whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit A or any other form approved by the Administrative Agent. 
 “Attributable Indebtedness” means, on any date, (a) in respect of any Capitalized Lease of any Person, the capitalized amount
thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, (b) in respect of any Synthetic Lease Obligation, the capitalized amount of the remaining lease or similar payments under the relevant
lease or other applicable agreement or instrument that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease or other agreement or instrument were accounted for as a Capitalized Lease and
(c) all Synthetic Debt of such Person. 
 “Audited Financial Statements” means, collectively, the audited consolidated
balance sheet of the Borrower and its then Subsidiaries for the fiscal year ended December 30, 2006, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the
Borrower and its then Subsidiaries, including the notes thereto. 
 “Australia Guaranty” means that certain Guaranty made on
the Effective Date by the Borrower and NuMet Holdings Pty Ltd. in favor of the Administrative Agent for the benefit of the Secured Parties. 
 “Availability Period” means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments. 
 “Base CD Rate” means the sum of (a) the Three Month Secondary CD Rate multiplied by the Statutory Reserve Rate plus
(b) the Assessment Rate. 
  

 2 

 “BCICIS” means BC International Cosmetic & Image Services, Inc., a Delaware
corporation. 
 “Board” means the Board of Governors of the Federal Reserve System of the United States of America.

 “Borrower” means Tupperware Brands Corporation, a Delaware corporation. 
 “Borrowing” means (a) Revolving Loans of the same Type, made, converted or continued on the same date and, in the case of
Eurodollar Loans, as to which a single Interest Period is in effect, (b) Term Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect, or
(c) a Swingline Loan. 
 “Borrowing Request” means a request by the Borrower for a Revolving Borrowing in accordance
with Section 2.03. 
 “Business Day” means any day that is not a Saturday, Sunday or other day on which
commercial banks in New York City are authorized or required by law to remain closed; provided that, when used in connection with a Eurodollar Loan, the term “Business Day” shall also exclude any day on which banks are not open for
dealings in dollar deposits in the London interbank market. 
 “Capital Expenditures” means, with respect to any Person for
any period, any and all expenditures made by such Person in such period for assets that are, or should be, set forth as “additions to plant, property and equipment” on the cash flow statement prepared in accordance with GAAP;
provided, that Capital Expenditures shall not include, except for purposes of determining Excess Cash Flow, any such expenditures (a) made prior to December 31, 2008 in respect of the construction of a manufacturing, distribution
and office facility in Aalst, Belgium, adjacent to the existing warehouse facility in an aggregate amount not to exceed $20,000,000, (b) in respect of the development of the Specified Florida Properties in aggregate amount not to exceed
$25,000,000, (c) made prior to December 31, 2007 in connection with the leasing of a new manufacturing facility for BeautiControl North America in an aggregate amount not to exceed $8,000,000 and (d) made at any time prior to
June 30, 2009, in an aggregate amount not to exceed $5,000,000, in connection with the relocation and build-out of the BeautiControl North America headquarters facility. 
 “Capitalized Leases” means all leases that have been or should be, in accordance with GAAP, recorded as capitalized leases. 

“Cash Collateralize” means, with respect to any Obligations related to Letters of Credit, to pledge and deposit with or deliver to
the Administrative Agent, for the benefit of the Issuing Bank and the other Secured Parties, as collateral for such Obligations, cash or deposit account balances pursuant to documentation in form and substance reasonably satisfactory to the
Administrative Agent and the Issuing Bank (which documents are hereby consented to by the Lenders). 
  

 3 

 “Cash Distributions” means, with respect to any Person for any period, all dividends and
other distributions on any of the outstanding Equity Interests in such Person, all purchases, redemptions, retirements, defeasances or other acquisitions of any of the outstanding Equity Interests in such Person and all returns of capital to the
stockholders, partners or members (or the equivalent persons) of such Person, in each case to the extent paid in cash by or on behalf of such Person during such period. 
 “Cash Equivalents” means any of the following types of Investments, to the extent owned by the Borrower or any of its Subsidiaries free and clear of all Liens (other than Liens created under the
Collateral Documents and customary setoff and similar rights of banks and securities intermediaries in the ordinary course): 
 (a) readily
marketable obligations issued or directly and fully guaranteed or insured by the United States of America or any agency or instrumentality thereof having maturities of not more than one year from the date of acquisition thereof; provided that
the full faith and credit of the United States of America is pledged in support thereof; 
 (b) time deposits with, or insured certificates
of deposit or bankers’ acceptances of, any commercial bank that (i) (A) is a Lender or (B) is organized under the laws of the United States of America, any state thereof or the District of Columbia or is the principal banking
subsidiary of a bank holding company organized under the laws of the United States of America, any state thereof or the District of Columbia, and is a member of the Federal Reserve System, (ii) issues (or the parent of which issues) commercial
paper rated as described in clause (c) of this definition and (iii) has combined capital and surplus of at least $1,000,000,000, in each case with maturities of not more than six months from the date of acquisition thereof;

 (c) commercial paper issued by any Person organized under the laws of any state of the United States of America and rated at least
“Prime 1” (or the then equivalent grade) by Moody’s or at least “A 1” (or the then equivalent grade) by S&P, in each case with maturities of not more than six months from the date of acquisition thereof; 
 (d) Investments, classified in accordance with GAAP as Current Assets of the Borrower or any of its Subsidiaries, in money market investment programs
registered under the Investment Company Act of 1940, as amended, which are administered by financial institutions that have the highest rating obtainable from either Moody’s or S&P, and the portfolios of which are limited solely to
Investments of the character, quality and maturity described in clauses (a), (b), (c) and (e) of this definition; 
 (e) repurchase obligations of any Lender or of any commercial bank satisfying the requirements of clause (b) of this definition or any recognized securities dealer having capital and surplus in excess of
$1,000,000,000 having a term of not more than 30 days, with respect to securities issued or fully guaranteed or insured by the United States government; 
 (f) money market mutual or similar funds that invest solely in assets satisfying the requirements of clauses (a) through (e) of this definition; 
  

 4 

 (g) money market funds that (i) comply with the criteria set forth in SEC Rule 2a 7 under the
Investment Company Act of 1940, as amended, (ii) are rated “AAA” by S&P and “Aaa” by Moody’s and (iii) have portfolio assets of at least $1,000,000,000; 
 (h) with respect to any Foreign Subsidiary, time deposits with, or insured certificates of deposit or bankers’ acceptances of, (i) any
commercial bank that is a Lender or an Affiliate of a Lender and is domiciled or organized outside of the United States of America, or (ii) any commercial bank controlled or operated by the government of, or any agency or instrumentality
thereof, the jurisdiction in which such Foreign Subsidiary conducts its operations, in each case, (A) having combined capital and surplus in excess of $500,000,000 or the foreign currency equivalent thereof, and (B) whose long-term debt is
rated “A” by S&P and “A2” by Moody’s or the equivalent thereof by an internationally recognized credit rating agency, in each case, with maturities of not more than 60 days from the date of acquisition thereof;

 (i) with respect to any Foreign Subsidiary, money market mutual or similar funds that invest solely in assets satisfying the requirements
of clause (h) above; and 
 (j) with respect to any Foreign Subsidiary, other Investments not made for speculative purposes
(including, without limitation, with respect to currency exchange rates) of substantially the same type, maturity and liquidity and issued by comparable governmental entities and obligors having at least the same creditworthiness as the Investments
and obligors listed in clauses (a) through (g) above denominated in the currency of any jurisdiction in which such Foreign Subsidiary conducts its operations. 
 “CERCLA” means the Comprehensive Environmental Response, Compensation and Liability Act of 1980. 
 “Change in Law” means (a) the adoption of any law, rule or regulation after the date of this Agreement, (b) any change in any
law, rule or regulation or in the interpretation or application thereof by any Governmental Authority after the date of this Agreement or (c) compliance by any Lender or the Issuing Bank (or, for purposes of Section 2.15(b), by any
lending office of such Lender or by such Lender’s or the Issuing Bank’s holding company, if any) with any request, guideline or directive (whether or not having the force of law) of any Governmental Authority made or issued after the date
of this Agreement. 
 “Change of Control” means an event or series of events by which: 
 (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) 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 securities of the Borrower entitled to vote for members of the board of directors or equivalent
governing body of the Borrower 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 24 consecutive months, a majority of the members of the board of directors or
other equivalent governing body of the Borrower 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; or 
 (c) any “change of control” (or, if no such term is used, any event or condition similar to a
Change of Control hereunder) shall occur under any Permitted Financing. 
 “Charges” has the meaning set forth in
Section 9.13. 
 “Class”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the
Loans comprising such Borrowing, are Revolving Loans, Term Loans or Swingline Loans. 
 “Code” means the Internal Revenue
Code of 1986, as amended from time to time. 
 “Collateral” means all property and assets intended to be subject to Liens in
favor of the Administrative Agent for the benefit of the Secured Parties pursuant to the granting clauses of the Collateral Documents, including all “Collateral” referred to in the Security Agreement. 
 “Collateral Documents” means, collectively, the Security Agreement, the Intellectual Property Security Agreement, the Local Law
Collateral Documents, each of the collateral assignments, Security Agreement Supplements, IP Security Agreement Supplements, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent and the Lenders
pursuant to Section 5.12, and each of the other agreements, instruments or documents that creates or purports to create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties. 
 “Commitment” means either a Revolving Commitment or a Term Commitment. 
 “Compliance Certificate” means a certificate substantially in the form of Exhibit B, including, among other things, (a) a
determination as to the compliance with the covenants set forth in Article VI, and Section 6.11 in particular, calculation under any definitions used in financial ratios, and (b) a listing of, and calculations in determining,
each (i) Material Subsidiary, (ii) Significant Foreign Subsidiary, (iii) Key Foreign Operating Jurisdiction, and (iv) Key Foreign Pledge Jurisdiction. 
 “Consolidated EBITDA” means, with respect to any Measurement Period (or other specified period), an amount equal to Consolidated Net Income of the Borrower and its Subsidiaries for such Measurement
Period (or other specified period) plus, without duplication, 

  

 6 

 
(a) the following to the extent deducted in calculating such Consolidated Net Income: (i) Consolidated Interest Charges; (ii) the provision for
Federal, state, local and foreign income taxes payable (including franchise and similar taxes based on net income); (iii) depreciation and amortization expense; (iv) extraordinary, unusual or non recurring non-cash charges, expenses or
losses (including, without duplication, non-cash reengineering and impairment charges, write-off of goodwill and intangibles, and write-off of deferred costs incurred in connection with the Existing Credit Agreement and related interest rate swap
terminations), non-cash charges for deferred tax asset valuation allowances; (v) any non-cash impairment charges or asset write-off resulting from the application of Statement of Financial Accounting Standards No. 142; (vi) any
non-cash expense realized or resulting from any employee benefit plans, post-employment benefit plans, deferred stock compensation plan or grants of stock appreciation or similar rights, stock options, restricted stock or other rights to officers,
directors and employees of such Person or any of its Subsidiaries; and (vii) non-cash losses or expenses resulting from fair value accounting required by Statement of Financial Accounting Standards No. 133; in each case, of or by the
Borrower and its Subsidiaries for such Measurement Period (or other specified period), and minus, without duplication, (b) (i) to the extent included in calculating such Consolidated Net Income, Federal, state, local and foreign
income tax credits; (ii) any amounts paid or payable in cash in any fiscal period during such Measurement Period (or such other specified period) in respect of any non-cash charges, expenses or losses taken in any prior fiscal period
(regardless of whether in such Measurement Period (or such other specified period)); and (iii) to the extent included in calculating such Consolidated Net Income, all extraordinary, unusual or non-recurring items increasing Consolidated Net
Income, in each case of or by the Borrower and its Subsidiaries for such Measurement Period. For the purposes of calculating Consolidated EBITDA for any Measurement Period (or other specified period), (A) if at any time during such Measurement
Period (or other specified period) the Borrower or any Subsidiary shall have made any Material Disposition (as defined below), the Consolidated EBITDA for such Measurement Period (or other specified period) shall be reduced by an amount equal to the
Consolidated EBITDA (if positive) attributable to the property that is the subject of such Material Disposition for such Measurement Period (or other specified period) or increased by an amount equal to the Consolidated EBITDA (if negative)
attributable thereto for such Measurement Period (or other specified period) and (B) if during such Measurement Period (or other specified period) the Borrower or any Subsidiary shall have made a Material Acquisition (as defined below),
Consolidated EBITDA for such Measurement Period (or other specified period) shall be calculated after giving Pro Forma Effect thereto. As used in this definition, “Material Acquisition” means any acquisition of property or series of
related acquisitions of property that (x) constitutes assets comprising all or substantially all of an operating unit of a business or constitutes all or substantially all of the common stock of a Person and (y) involves the payment of
consideration by the Borrower and its Subsidiaries in excess of $15,000,000; and “Material Disposition” means any Disposition of property or series of related Dispositions of property that has a fair market value of, or yields gross
proceeds to the Borrower or any of its Subsidiaries, in excess of $15,000,000. 
 “Consolidated Fixed Charge Coverage Ratio”
means, at any date of determination, the ratio of (a) (i) Consolidated EBITDA, less (ii) the aggregate amount of all cash Capital Expenditures, less (iii) cash payments in respect of Federal, state, local and
foreign taxes (net of any cash refunds in respect of prior cash payments in respect of Federal, state, local and foreign taxes) to (b) the sum of (i) Consolidated Interest Charges to the extent paid, or required to be 

  

 7 

 
paid, in cash in such period (including any amounts paid or payable in cash in any fiscal period in respect of any non-cash interest expense accrued in any
prior fiscal period), (ii) the aggregate principal amount of all regularly scheduled principal payments or scheduled redemptions of outstanding debt for borrowed money, and (iii) the aggregate amount of all Restricted Payments (other than
amounts paid in respect of repurchases of common stock of the Borrower as long as, both immediately before and immediately after giving effect thereto, the Consolidated Leverage Ratio is less than 2.0 to 1.0) to the extent paid, or required to be
paid, in cash in such period (other than pursuant to Section 6.06(d) or to the Borrower or a Subsidiary), in each case, of or by the Borrower and its Subsidiaries for the most recently completed Measurement Period. 
 “Consolidated Funded Indebtedness” means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated
basis, the sum, in each case, without duplication, of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations hereunder) and all obligations evidenced by bonds,
debentures, notes, loan agreements or other similar instruments, (b) all purchase money Indebtedness, (c) all outstanding reimbursement obligations in respect of drawings made under letters of credit (including standby and commercial
letters of credit, but excluding cash-collateralized letters of credit to the extent such cash collateral is permitted under Section 6.01), bankers’ acceptances, bank guaranties and similar instruments, (d) all obligations in
respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business and any obligation in respect of an Employee Benefit Arrangement), (e) the capitalized amount of any
Capitalized Lease that would appear on a consolidated balance sheet of the Borrower prepared as of such date in accordance with GAAP and, in respect of any Synthetic Lease Obligation, the capitalized amount of the remaining lease or similar payments
under the relevant lease or other applicable agreement or instrument that would appear on a consolidated balance sheet of the Borrower prepared as of such date in accordance with GAAP if such lease or other agreement or instrument were accounted for
as a Capitalized Lease, (f) all Synthetic Debt, (g) all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (f) above of Persons other than the Borrower or any
Subsidiary, and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in
which the Borrower or a Subsidiary is a general partner or joint venturer to the extent that the Borrower or such Subsidiary is legally liable therefor as a result of its ownership interest in such entity or is contractually liable therefor by
operation of its charter or other governing documents, unless such Indebtedness is expressly made non-recourse to the Borrower or such Subsidiary. 
 “Consolidated Interest Charges” means, for any Measurement Period, the sum, without duplication, of (a) all interest, premium payments, debt discount, fees, charges and related expenses in connection with borrowed
money, or Swap Contracts, or in connection with the deferred purchase price of assets, in each case to the extent treated as interest in accordance with GAAP and (b) the portion of rent expense under Capitalized Leases that is treated as
interest in such measurement period in accordance with GAAP, in each case, of or by the Borrower and its Subsidiaries. 
 “Consolidated Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA of the Borrower and its Subsidiaries for the most
recently completed Measurement Period. 
  

 8 

 “Consolidated Net Income” means, at any date of determination, the net income of the
Borrower and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period. 
 “Consolidated Net
Worth” means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, Shareholders’ Equity of the Borrower and its Subsidiaries on such date minus any decrease or plus any increase
in (a) the “Accumulated Other Comprehensive Income (Loss)” account (the “Accumulated Account”) resulting from changes in the “Foreign Currency Translation Adjustment” and/or “Net Equity Hedges”
subaccounts of the Accumulated Account and (b) any amounts recorded relating to minimum pension liabilities resulting from the application of Statement of Financial Accounting Standards No. 87, in each case, from the amount reflected in
the Borrower’s audited consolidated balance sheet dated December 31, 2005. 
 “Contractual Obligation” means, as
to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 
 “Control” 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. 
 “Current Assets” means, with respect to any Person, all assets (other than cash and Cash Equivalents) of such Person that, in accordance
with GAAP, would be classified as current assets (or like caption) on the balance sheet of a company conducting a business the same as or similar to that of such Person, after deducting appropriate and adequate reserves therefrom in each case in
which a reserve is proper in accordance with GAAP. 
 “Dart” means Dart Industries Inc., a Delaware corporation and a
Subsidiary of the Borrower. 
 “Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other
liquidation, conservatorship, bankruptcy, examinership, court protection, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other
applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. 
 “Default” means any
event or condition which constitutes an Event of Default or which upon notice, lapse of time or both would, unless cured or waived, become an Event of Default. 
 “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including pursuant to a sale and leaseback transaction) of any property (including without
limitation, the Equity Interests of a Subsidiary) of any Person by such Person. 
 “Dollar” and “$” mean
lawful money of the United States. 
  

 9 

 “Domestic Subsidiary” means a Subsidiary organized under the laws of any State of the
United States or the District of Columbia. 
 “Effective Date” means the date on which the conditions specified in
Section 4.01 are satisfied (or waived in accordance with Section 9.02). 
 “Employee Benefit
Arrangement” means any employee benefit plan, program, policy, practices or other arrangement providing benefits to any current or former employee, officer or director of the Borrower or any of its Subsidiaries or any beneficiary or
dependent thereof that is sponsored or maintained by the Borrower of any of its Subsidiaries or to which the Borrower or any of its Subsidiaries contributes or is obligated to contribute, including without limitation any employee welfare benefit
plan within the meaning of Section 3(1) of ERISA, any employee pension benefit plan within the meaning of Section 3(2) of ERISA (whether or not such plan is subject to ERISA) and any bonus, incentive, deferred compensation, vacation, stock
purchase, stock option, restricted stock, severance, employment, change of control or fringe benefit plan, agreement, program or policy. 
 “Environmental Action” means any and all written claims, actions, suits, arbitrations, governmental inquiries, proceedings, investigations, demands, demand letters, liens, notices of non-compliance or violation, notices of
liability or potential liability, consent orders or consent agreements relating in any way to, resulting from or based upon any violation or alleged violation of any Environmental Law, or Environmental Permit, or relating to any Environmental
Liability or the presence of or exposure to any Hazardous Materials. 
 “Environmental Laws” means any and all Federal,
state, local, and foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution 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 the 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. 
 “Environmental Permit” means any permit, approval, identification number, license or other authorization required under any Environmental Law. 
 “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 

  

 10 

 
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, as amended. 
 “ERISA Affiliate” means any trade or business (whether or not incorporated) under
common control with the Borrower within the meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the Code). 
 “ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) a withdrawal by the Borrower or any ERISA
Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations that is treated as such a withdrawal under
Section 4062(e) of ERISA; (c) a complete or partial withdrawal by the 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 Plan amendment as a termination under Sections 4041 or 4041A of ERISA, or the commencement of proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan; (e) an event or condition which constitutes
grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan or Multiemployer Plan; or (f) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums
due but not delinquent under Section 4007 of ERISA or routine claims for benefits, upon the Borrower or any ERISA Affiliate. 
 “Eurodollar”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

 “Event of Default” has the meaning set forth in Article VII. 
 “Excess Cash Flow” means, for any period (without duplication), (a) net operating cash flow (to be the item “net cash
provided by operating activities” as set forth in the Borrower’s consolidated statement of cash flows as prepared in accordance with GAAP), less (b) an amount equal to the aggregate amount of all cash payments made by
the Borrower and its Subsidiaries during such period in respect of Capital Expenditures, less (c) an amount equal to the aggregate amount of all Required Principal Payments made by the Borrower and its Subsidiaries during such period,
less (d) an amount equal to the aggregate amount of all Cash Distributions permitted to be paid by the Borrower pursuant to Section 6.06(e) in an amount not to exceed $60,000,000 during such period, less (e) the
aggregate amount actually paid by the Borrower and its Subsidiaries in cash during such fiscal period as consideration of Investments permitted under Section 6.03(h), less (f) to the extent included in Consolidated Net Income
and not deducted in determining such net operating cash flow, the income (if any) of any Person (other than a Subsidiary of the Borrower) in which the Borrower or any of its Subsidiaries has an ownership 

  

 11 

 
interest, except to the extent that any such income is actually received by the Borrower or such Subsidiary in the form of dividends or similar
distributions, less (g) investments in non-wholly owned Subsidiaries pursuant to Section 6.03(o), less (h) the net operating cash flow (if any) of any Person accrued prior to the date it becomes a Subsidiary of
the Borrower or is merged into or consolidated with the Borrower or any of its Subsidiaries, less (i) net payments made in respect of Swap Contracts to the extent not included in determining net operating cash flow, less
(j) Extraordinary Receipts and Net Cash Proceeds of any Disposition, in each case, to the extent included in determining net operating cash flow, plus (k) net payments received in respect of Swap Contracts to the extent not included
in determining net operating cash flow. 
 “Excluded Taxes” means, with respect to the Administrative Agent, any Lender, the
Issuing Bank or any other recipient of any payment to be made by or on account of any obligation of the Borrower hereunder, (a) income or franchise taxes imposed on (or measured by) such recipient’s net income by the United States of
America, or by the jurisdiction under the laws of which such recipient is organized or in which its principal office is located or, in the case of any Lender, in which its applicable lending office is located, (b) any branch profits taxes
imposed by the United States of America or any similar tax imposed by any other jurisdiction in which the applicable recipient is organized or in which its principal office is located and (c) in the case of a Foreign Lender (other than an
assignee pursuant to a request by the Borrower under Section 2.19(b)), any withholding tax that is imposed on amounts payable to such Foreign Lender at the time such Foreign Lender becomes a party to this Agreement (or designates a new
lending office) or is attributable to such Foreign Lender’s failure to comply with Section 2.17(e), except to the extent that such Foreign Lender (or its assignor, if any) was entitled, at the time of designation of a new lending
office (or assignment), to receive additional amounts from the Borrower with respect to such withholding tax pursuant to Section 2.17(a). 
 “Existing Credit Agreement” means that certain Credit Agreement dated as of December 5, 2005 among the Borrower, Bank of America, N.A., as administrative agent, swingline lender and letter of
credit issuer, and a syndicate of lenders. 
 “Extraordinary Receipt” means any cash received by, or paid to, the Borrower
or any of its Subsidiaries in respect of (a) extraordinary tax refunds and pension plan reversions, (b) proceeds of insurance (other than proceeds of business interruption insurance to the extent such proceeds constitute compensation for
lost earnings, but including, without limitation, all proceeds in respect of any loss, damage or casualty in respect of any assets), (c) condemnation awards (and indemnity and other payments in lieu thereof), (d) commercial tort claims,
(e) purchase price adjustments, indemnities and other payments in respect of post-closing contingent obligations relating to Dispositions and Investments; provided, however, that an Extraordinary Receipt shall not include cash
receipts received from proceeds of insurance, condemnation awards (or payments in lieu thereof) or indemnity payments to the extent that such proceeds, awards or payments are received by any Person in respect of any third party claim against such
Person and applied to pay (or to reimburse such Person for its prior payment of) such claim and the costs and expenses of such Person with respect thereto. 
 “Federal Funds Effective Rate” means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of
the Federal Reserve System arranged by Federal funds brokers, as 

  

 12 

 
published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business
Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it. 

“Fee Letter” means the letter agreement, dated July 23, 2007, among the Borrower, JPMorgan Chase Bank, N.A. and J.P. Morgan
Securities Inc. 
 “First-Tier Foreign Subsidiary” means a direct Foreign Subsidiary of the Borrower or of any Guarantor.

 “Foreign Credit Line Bank” means any Person that is a Lender or an Affiliate of a Lender, in its capacity as provider of
a Secured Foreign Credit Line. 
 “Foreign Financing Subsidiary” means, collectively, (a) TICL, and (b) each
Subsidiary of the Borrower established as a special purpose financing vehicle to finance the operating activities of Foreign Subsidiaries of the Borrower through intercompany Investments (which may in turn be financed through Investments made in
such Foreign Financing Subsidiary by the Borrower and its Subsidiaries) and that does not own any assets other than such Investments and assets incidental thereto. 
 “Foreign Government Scheme or Arrangement” has the meaning set forth in Section 3.12(d). 
 “Foreign Lender” means any Lender that is organized under the laws of a jurisdiction other than that in which the Borrower is organized. For purposes of this definition, the United States of America,
each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 
 “Foreign Plan” has
the meaning set forth in Section 3.12(d). 
 “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. 
 “Funded Debt” of any Person means Indebtedness of such Person that by its terms matures more than one year after the date of its
creation or matures within one year from such date but is renewable or extendible, at the option of such Person, to a date more than one year after such date or arises under a revolving credit or similar agreement that obligates the lender or
lenders to extend credit during a period of more than one year after such date. 
 “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 or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. 
  

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 “Governmental Authority” means the government of the United States of America, any other
nation or 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. 
 “Guarantee” means, as to any Person, without duplication,
(a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other 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) up to the value of such assets. 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, collectively, (a) the Domestic Subsidiaries of the Borrower listed on Schedule 5.12, (b) the
Foreign Subsidiaries listed on Schedule 5.12, (c) each Foreign Subsidiary of the Borrower that has entered into a Guarantee of any Funded Debt in an aggregate principal amount in excess of the Threshold Amount of any Loan Party,
(d) each other Domestic Subsidiary of the Borrower that shall be required to execute and deliver a guaranty or guaranty supplement pursuant to Section 5.12, (e) each other Foreign Subsidiary of the Borrower that shall be
required to execute and deliver a guaranty or guaranty supplement pursuant to Section 5.12, and (f) solely in respect of Obligations in respect of Secured Swap Contracts and Secured Foreign Credit Lines of Subsidiaries of the
Borrower, the Borrower; provided that, solely for purposes of Article VI, those Guarantors described in clauses (b) and (e) of this definition shall not be deemed to be Guarantors. 
 “Guaranty” means, collectively, the Guaranty made by the Guarantors in favor of the Secured Parties, substantially in the form of
Exhibit C (subject to limitations on recourse in the case of certain Foreign Subsidiaries listed on Schedule 5.12 as limited recourse Guarantors and restrictions imposed by requirements of local laws), the Mexico Guaranty and the
Australia 

  

 14 

 
Guaranty made on the Effective Date, together with each other guaranty and guaranty supplement delivered pursuant to Section 5.12 (subject, in
the case of Foreign Subsidiaries, to limitation on recourse if full recourse would result in a Section 956 Deemed Dividend and restrictions imposed by requirements of local laws). 
 “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, mold, radon gas, infectious or medical wastes and all other substances or wastes of any nature regulated pursuant to any
Environmental Law. 
 “Hedge Bank” means any Person that is a Lender or an Affiliate of a Lender, in its capacity as a party
to a Secured Swap Contract; provided, that a Person who was a Lender or an Affiliate of a Lender at the time of entering into a Secured Swap Contract but who no longer is a Lender or an Affiliate of a Lender under this Agreement shall
continue to be a Hedge Bank until the maturity or termination of such Secured Swap Contract. 
 “Idle Properties” means the
following properties as of the date hereof: (a) real estate located in Halls, Lauderdale County, Tennessee, together with the manufacturing and warehouse improvements thereon, (b) the real estate located in Rio de Janeiro, Brazil, together
with the building, warehouse, office space and improvements thereon, (c) the unimproved real estate located in Jerome, Idaho, (d) the unimproved real estate located in Neshanic Station, New Jersey (e) the real estate and plant located
in Carmelray Industrial Park, Canlubang, Calamba, Laguna, Philippines, (f) the manufacturing facility at Pierre Corneliskaai 35 in Aalst, Belgium, (g) the Nuvo Cosmeticos SA (Uruguay) building in Uruguay and (h) a portion of the
manufacturing and warehousing facilities in Hemingway, South Carolina. 
 “Immaterial Subsidiary” means, at any date of
determination, any Subsidiary of the Borrower that is not a Material Subsidiary. 
 “Inactive Subsidiary” means, at any date
of determination, any Subsidiary of the Borrower that is dormant or inactive and that has substantially no assets and income. 
 “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: 
 (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan
agreements or other similar instruments; 
 (b) the maximum amount of all direct or contingent obligations of such Person
arising under letters of credit (including standby and commercial letters of credit, but excluding cash-collateralized letters of credit to the extent such cash collateral is permitted under Section 6.01), bankers’ acceptances, bank
guaranties, surety bonds and similar instruments; 
 (c) net obligations of such Person under any Swap Contract; 

 

 15 

 (d) all obligations of such Person to pay the deferred purchase price of property or
services (other than trade accounts payable in the ordinary course of business and not past due for more than 90 days after the date on which such trade account was by its terms due); 
 (e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person (including
indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; 
 (f) all Attributable Indebtedness; 
 (g) all obligations of such Person to purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity Interest in such Person or any other Person or any warrant, right or option to acquire
such Equity Interest, 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 lines of credit (which, solely for purposes of Section 6.01 and Section 6.02, shall include uncommitted
lines of credit, but exclude availability under credit cards); and 
 (i) all Guarantees of such Person in respect of any of
the foregoing. 
 For all purposes hereof, the Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture (other than a
joint venture that is itself a corporation or limited liability company) in which such Person is a general partner or a joint venturer to the extent that the Borrower or such Person is legally liable therefor as a result of its ownership interest in
such entity or is contractually liable therefor by operation of its charter or other governing documents, unless such Indebtedness is expressly made non-recourse to such Person. The amount of any net obligation under any Swap Contract on any date
shall be deemed to be the Swap Termination Value thereof as of such date. 
 “Indemnified Taxes” means Taxes other than
Excluded Taxes. 
 “Indemnitee” has the meaning specified in Section 9.03(b). 
 “Information” has the meaning specified in Section 9.12. 
 “Information Memorandum” means the Confidential Information Memorandum dated September, 2007 relating to the Borrower and the
Transactions. 
 “Intellectual Property” has the meaning specified in the Security Agreement. 
 “Intellectual Property Security Agreement” has the meaning specified in Section 4.01(a)(ix). 
  

 16 

 “Interest Election Request” means a request by the Borrower to convert or continue a
Revolving Borrowing in accordance with Section 2.08. 
 “Interest Payment Date” means (a) with respect to
any ABR Loan (other than a Swingline Loan), the last day of each March, June, September and December, (b) with respect to any Eurodollar Loan, the last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in
the case of a Eurodollar Borrowing with an Interest Period of more than three months’ duration, each day prior to the last day of such Interest Period that occurs at intervals of three months’ duration after the first day of such Interest
Period and (c) with respect to any Swingline Loan, the day that such Loan is required to be repaid. 
 “Interest
Period” means with respect to any Eurodollar Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one, two, three or six months thereafter, as the
Borrower may elect; provided, that (i) if any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in
the next calendar month, in which case such Interest Period shall end on the next preceding Business Day and (ii) any Interest Period pertaining to a Eurodollar Borrowing that commences on the last Business Day of a calendar month (or on a day
for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the last Business Day of the last calendar month of such Interest Period. For purposes hereof, the date of a Borrowing initially
shall be the date on which such Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such Borrowing. 
 “Internal Control Event” means a material weakness in, or fraud that involves management or other employees who have a significant role in the Borrower’s internal controls over financial
reporting, in each case as described in the Securities Laws. 
 “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) the purchase, redemption or other acquisition of such Person’s Equity Interests from
another Person, (c) a loan, advance or capital contribution to, Guarantee or assumption of debt of, or purchase or other acquisition of any other debt or interest in, another Person, or (d) the purchase or other acquisition (in one
transaction or a series of transactions) of assets of another Person that constitute a business unit or all or a substantial part of the business of, such Person. For purposes of covenant compliance, the amount of any Investment shall be the amount
actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. 
 “IP Rights”
has the meaning set forth in Section 3.17. 
 “IP Security Agreement Supplement” has the meaning specified in
the Security Agreement. 
 “IRS” means the United States Internal Revenue Service. 
  

 17 

 “Issuing Bank” means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters
of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which
case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate. 
 “Issuing Bank 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 Issuing Bank and the Borrower or in favor the
Issuing Bank and relating to any such Letter of Credit. 
 “Key Foreign Operating Jurisdictions” means, collectively,
(a) as of the Effective Date, Germany, Mexico, France, Italy, Switzerland, Austria, Belgium, South Africa, Australia, and Canada and Russia, plus (b) after the Effective Date, each other foreign jurisdiction in which sales of the
Borrower and its Subsidiaries equal or exceed 5% of the consolidated sales of the Borrower and its Subsidiaries worldwide, as determined for the most recently completed fiscal year for which the Lenders have received financial statements of the
Borrower and its Subsidiaries pursuant to Section 5.01(a), commencing with the fiscal year ending December, 2007; provided, in the case of clause (b), if (i) the Borrower shall notify the Administrative Agent in
writing, together with the delivery of the Compliance Certificate listing additional Key Foreign Operating Jurisdictions, that the expense and burden to the Borrower and its Subsidiaries of perfecting a security interest in such jurisdiction is
unreasonably excessive or that the perfection of a security interest is not provided for under the laws of such jurisdiction, and (ii) the Administrative Agent shall determine, in its reasonable discretion, that the cost and expense of
obtaining or perfecting such security interest are excessive in relation to the benefit to the Secured Parties of the security afforded thereby, or that the perfection of a security interest is not provided for under the laws of such foreign
jurisdiction shall not constitute a Key Foreign Operating Jurisdiction. 
 “Key Foreign Pledge Jurisdictions” means,
collectively, (a) as of the Effective Date, the Netherlands, Ireland, Mexico and Australia, plus (b) after the Effective Date, each other foreign jurisdiction in which any Significant Foreign Subsidiary or Foreign Financing
Subsidiary is organized; provided, in the case of clause (b), if (i) the Borrower shall notify the Administrative Agent in writing, together with the delivery of the Compliance Certificate listing additional Key Foreign Pledge
Jurisdictions, that the expense and burden to the Borrower and its Subsidiaries of perfecting a security interest in such jurisdiction in such other foreign jurisdiction is unreasonably excessive, and (ii) the Administrative Agent shall
determine, in its reasonable discretion, that the cost and expense of obtaining or perfecting such security interest are excessive in relation to the benefit to the Secured Parties of the security afforded thereby, such other foreign jurisdiction
shall not constitute a Key Foreign Pledge Jurisdiction. 
 “Laws” means, collectively, all international, foreign, Federal,
state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes, executive orders 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. 
  

 18 

 “LC Disbursement” means a payment made by the Issuing Bank pursuant to a Letter of
Credit. 
 “LC Exposure” means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of
Credit at such time plus (b) the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Lender at any time shall be its Applicable Percentage of the
total LC Exposure at such time. 
 “Lenders” means the Persons listed on Schedule 2.01 and any other Person that
shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption. Unless the context otherwise requires, the term “Lenders”
includes the Swingline Lender. 
 “Letter of Credit” means any letter of credit issued pursuant to this Agreement.

 “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 Issuing Bank. 
 “LIBO Rate” means, with respect to any Eurodollar Borrowing for
any Interest Period, the rate appearing on Page 3750 of the Dow Jones Market Service (or on any successor or substitute page of such Service, or any successor to or substitute for such Service, providing rate quotations comparable to those currently
provided on such page of such Service, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to dollar deposits in the London interbank market) at approximately 11:00 a.m.,
London time, two Business Days prior to the commencement of such Interest Period, as the rate for dollar deposits with a maturity comparable to such Interest Period. In the event that such rate is not available at such time for any reason, then the
“LIBO Rate” with respect to such Eurodollar Borrowing for such Interest Period shall be the rate at which dollar deposits of $5,000,000 and for a maturity comparable to such Interest Period are offered by the principal London office
of the Administrative Agent in immediately available funds in the London interbank market at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period. 
 “Lien” means any mortgage, pledge, deed of trust, 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 Documents” means, collectively, (a) this Agreement, (b) any promissory notes issued pursuant to this Agreement, (c) the Guaranty, (d) the Collateral Documents, (e) the
Fee Letter, (f) each Issuing Bank Document, (g) each Secured Swap Contract and (h) each agreement governing the Secured Foreign Credit Lines; provided that for purposes of Articles III through V, 

  

 19 

 
Section 9.02, and the definition of “Material Adverse Effect” in the Credit Agreement, Sections 6, 7, 8 and 18 of the Guaranty (as
determined with respect to the form thereof attached as Exhibit C hereto and the analogous provisions (including any representation, warranty and covenant) in any other Guaranty), and Sections 11, 12, the proviso to Section 21(a) and 25
of the Security Agreement (and the analogous provisions (including any representation, warranty and covenant) in any Collateral Document), “Loan Documents” shall not include Secured Swap Contracts and agreements governing the Secured
Foreign Credit Lines. 
 “Loan Parties” means, collectively, the Borrower and each Guarantor; provided, that, solely
for purposes of Article VI, those Guarantors described in subparts (b) and (e) of the definition of Guarantors shall not be deemed to be Loan Parties. 
 “Loans” means the loans made by the Lenders to the Borrower pursuant to this Agreement. 
 “Local Law Collateral Documents” means, in respect of (a) the Equity Interests in any First-Tier Foreign Subsidiaries and (b) any IP Rights registered in a jurisdiction outside the United States that are owned by
the Borrower or any other Loan Party, in each case contemplated to be pledged by the terms of the Loan Documents for the benefit of the Secured Parties, all documents reasonably necessary to grant and perfect, under the laws of the jurisdiction of
organization of such First-Tier Foreign Subsidiary or the jurisdiction of registration of such IP Rights, as applicable, the security interest granted or contemplated to be granted, pursuant to the Loan Documents, in the Equity Interests of such
First-Tier Foreign Subsidiary, which shall in no event extend to more than 66% of the Equity Interests of any such Subsidiary, or in such registered IP Rights, as applicable, together with an opinion of local counsel qualified in such jurisdiction
of organization or registration, as applicable, in form and substance reasonably satisfactory to the Administrative Agent. 
 “Material Adverse Effect” means (a) any event, development or circumstance that has had a material adverse effect on the business, assets, properties, results of operations, or financial condition of, the Borrower and
its Subsidiaries, taken as a whole; (b) a material impairment of the rights and remedies of any Agent or of the Lenders, taken as a whole, under any material Loan Document, including any impairment with respect to the validity or the
enforceability of any material Loan Document; or (c) a material impairment of the ability of any Loan Party (excluding any Guarantors that are Immaterial Subsidiaries) to perform its obligations under any Loan Document to which it is a party.

 “Material Contract” means, with respect to any Person, each contract to which such Person is a party involving aggregate
consideration payable to or by such Person of $10,000,000 or more in any year or otherwise material to the business, condition (financial or otherwise), results of operations or assets of the Borrower and its Subsidiaries, taken as a whole.

 “Material Marks” means all Intellectual Property consisting of Trademarks and Service Marks (other than Significant
Marks) for products sold or distributed as a principal product line associated with, or marketed under, any Significant Mark other than those that are no longer of material value or utility to the Borrower or its Subsidiaries. 
  

 20 

 “Material Subsidiary” means, at any date of determination, any Subsidiary of the
Borrower that together with its Subsidiaries (a) has revenues in an amount equal to at least 5% of the consolidated revenues of the Borrower and its Subsidiaries, or (b) has operating profits in an amount equal to at least 5% of the
consolidated operating profits of the Borrower and its Subsidiaries, or (c) has assets in an amount equal to at least 5% of the consolidated total assets of the Borrower and its Subsidiaries, in each case, as determined for the most recently
completed fiscal year for which the Lenders have received financial statements of the Borrower and its Subsidiaries pursuant to Section 5.01(a), commencing with the fiscal year ending December, 2006; provided, that,
notwithstanding anything to the contrary, Material Subsidiary shall in any event include any Subsidiary that constitutes a “Significant Subsidiary” (or similar term) under the documents governing any Permitted Financing. 
 “Maximum Rate” has the meaning set forth in Section 9.13. 
 “Measurement Period” means, at any date of determination, the most recently completed four fiscal quarters of the Borrower. 

“Mexico Guaranty” means that certain Guaranty made on the Effective Date by the Borrower, Premiere Products Mexico, S. de R.L.,
BeautiControl Mexico, S. de R.L. and Fuller Mexicana Holdings, S. de R.L. de C.V. in favor of the Administrative Agent for the benefit of the Secured Parties. 
 “Moody’s” means Moody’s Investors Service, Inc. 
 “Multiemployer
Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which the 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. 
 “Net Cash Proceeds” means: 
 (a) with respect to any Disposition by the Borrower or any of its Subsidiaries, or any Extraordinary Receipt received or paid to the
account of the Borrower or any of its Subsidiaries, the excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such transaction (including any cash or Cash Equivalents received by way of deferred payment
pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received) over (ii) the sum of (A) the outstanding amount of any Indebtedness that is secured by the applicable asset and that is required to be
repaid in connection with such transaction (other than Indebtedness under the Loan Documents), (B) the out-of-pocket fees and expenses incurred by the Borrower or such Subsidiary in connection with such transaction actually paid or (C) all
taxes paid or reasonably estimated to be actually payable, within two years of the date of the relevant transaction, as a result of such transaction, and (D) the amount of contingent liabilities directly attributable to such Disposition or
Extraordinary Receipt solely to the extent that reserves have been provided therefor in accordance with GAAP; provided, that (x) in the case of clause (C) above, with respect to any amount of taxes estimated to be paid and
not paid within two years of the date of the relevant transaction, and (y) in the case of clause  

  

 21 

 
(D) above, with respect to any contingent liabilities for which reserves have been provided, which reserves have, in whole or in part, been reversed,
the Borrower will promptly notify the Administrative Agent thereof and the Borrower shall be deemed to have received Net Cash Proceeds equal to such amounts not paid or such amounts reversed; and 
 (b) with respect to the sale or issuance of any Equity Interest by the Borrower or any of its Subsidiaries to any Person other than to the
Borrower or any Subsidiary, or the incurrence or issuance of any Indebtedness by the Borrower or any of its Subsidiaries owing to any Person other than to the Borrower or any Subsidiary, the excess of (i) the sum of the cash and Cash
Equivalents received in connection with such transaction over (ii) the underwriting discounts and commissions, and other out-of-pocket fees and expenses, incurred by the Borrower or such Subsidiary in connection therewith. 
 “NPL” means the National Priorities List under CERCLA. 
 “Obligations” means (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, (b) the obligations of the Borrower under any Secured Swap Contract, (c) the obligations of the Borrower or any of its Subsidiaries under any Secured Foreign Credit Line, and (d) the obligations of any Foreign
Subsidiaries of the Borrower in favor of any Person that is a Lender or an Affiliate of a Lender, in its capacity as provider of any treasury management services, in each case 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. 
 “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 Taxes” means any and all present or future stamp or documentary taxes or any excise or property taxes, charges or similar levies arising from any payment made hereunder or from the execution,
delivery or enforcement of, or otherwise with respect to, each Loan Document (in each case together with any related interest, penalty, fine or other charge). 
 “Participant” has the meaning set forth in Section 9.04(g). 
  

 22 

 “PBGC” means the Pension Benefit Guaranty Corporation. 
 “Pension Plan” means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a
Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a
multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years. 
 “Permitted Financing” means any unsecured Indebtedness of the Borrower that (a) will not mature prior to the date that is six months after the later of the Term Maturity Date and the Revolving
Maturity Date; (b) has no scheduled amortization or payments of principal prior to the later of the Term Maturity Date and the Revolving Maturity Date; (c) has covenant, default and remedy provisions no more restrictive, or mandatory
prepayment, repurchase or redemption provisions no more onerous or expansive in scope, than those applicable for publicly traded high yield senior or senior subordinated, as applicable, debt securities in light of then prevailing market conditions
as determined in the reasonable judgment of the Administrative Agent in consultation with the investment bank acting as lead underwriter, lead initial purchasers, lead bookrunning arranger and lead bookrunning managers or lead placement agent with
respect to such Indebtedness; (d) will not be Guaranteed by any Subsidiaries unless such Subsidiaries are Guarantors; (e) if senior subordinated, is expressly subordinated to the prior payment in full in cash of the Obligations on terms
and conditions applicable for publicly traded high yield senior subordinated debt securities in light of then prevailing market conditions as determined in the reasonable judgment of the Administrative Agent in consultation with the investment bank
acting as lead underwriter, lead initial purchasers, lead bookrunning arranger and lead bookrunning managers or lead placement agent with respect to such Indebtedness; and (f) at the time of incurrence or issuance thereof, no Default or Event
of Default shall have occurred and be continuing or would result therefrom. If, on giving effect to any extension of the Term Maturity Date or the Revolving Maturity Date, any Indebtedness would cease to constitute Permitted Financing by reason of
such extension, such Indebtedness shall continue to constitute Permitted Financing notwithstanding such extension. 
 “Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 
 “Plan” means any “employee benefit plan” (as such term is defined in Section 3(3) of ERISA) established by the Borrower
or, with respect to any such plan that is subject to Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate. 
 “Pledged Debt” has the meaning specified in the Security Agreement. 
 “Pledged Equity” has the
meaning specified in the Security Agreement. 
 “Prime Rate” means the rate of interest per annum publicly announced from
time to time by JPMorgan Chase Bank, N.A. as its prime rate in effect at its principal office in New York City; each change in the Prime Rate shall be effective from and including the date such change is publicly announced as being effective.

  

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 “Pro Forma Effect” means, with respect to any acquisition, investment, dividend,
distribution, sale, disposition, merger or similar event consummated subsequent to the commencement of a period for which the financial effect of any such event is to be included on a pro forma basis, the computation of any financial ratio or
definition used in the computation thereof giving effect to such events as if such events occurred on the first day of the applicable period, which (a) shall reflect, to the extent applicable, (i) the historical earnings and cash flows
associated with the assets acquired or disposed of and any related incurrence, assumption or reduction of Indebtedness, and (ii) any projected synergies or similar benefits expected to be realized as a result of such event to the extent such
synergies or similar benefits would be permitted to be reflected in financial statements prepared in compliance with Regulation S-X under the Securities Act of 1933, as amended, and (b) be determined on the basis of the financial information
most recently delivered to the Administrative Agent and the Lenders pursuant to Section 5.01(a) or (b). 
 “Protected Subsidiary” means, collectively, (a) Dart, (b) BCICIS, and (c) each Subsidiary of the Borrower that owns, or licenses from a Person other than the Borrower or any Subsidiary, any Material Marks.

 “Qualified Non-Wholly Owned Subsidiary” means any Foreign Subsidiary that is a non-wholly owned Subsidiary so long as
100% of the Equity Interests issued by such Subsidiary (other than directors’ qualifying shares and investments by foreign nationals to the extent mandated by the Laws of such jurisdiction) is beneficially owned, directly or indirectly, by the
Borrower and its wholly owned Subsidiaries, and the economic interests in such Foreign Subsidiary are, directly or indirectly, owned for the benefit of the Borrower and its wholly owned Subsidiaries. 
 “Real Properties” means, at any time, a collective reference to each of the facilities and parcels of real properties owned, leased or
operated by the Borrower or any Subsidiary at such time. 
 “Reduction Amount” has the meaning set forth in Section
2.11(c)(viii). 
 “Register” has the meaning set forth in Section 9.04(e). 
 “Registered Public Accounting Firm” has the meaning specified by the Securities Laws and shall be independent of the Borrower as
prescribed by the Securities Laws. 
 “Related Parties” means, with respect to any specified Person, such Person’s
Affiliates and the respective directors, officers, employees, agents and advisors of such Person and 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 30 day notice period has been waived. 
 “Required Lenders” means, at any time, Lenders having Revolving Credit Exposures, unused Revolving Commitments and outstanding Term
Loans representing more than 50% of the sum of the total Revolving Credit Exposures, and unused Revolving Commitments and outstanding Term Loans at such time. 
  

 24 

 “Required Principal Payments” means, with respect to any Person for any period, the sum
of all regularly scheduled principal payments or redemptions of outstanding Funded Debt made during such period. 
 “Responsible
Officer” means the chief executive officer, president, chief financial officer, treasurer or assistant treasurer, chief legal officer or controller of a U.S. Loan Party; the foreign equivalents of such officers of any Loan Party that is a
Foreign Subsidiary; and, in respect of BeautiControl International Services, Inc. and Eventus International, Inc., any Vice President. 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. 
 “Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property) with respect to any
capital stock or other Equity Interest of any Person or any of its Subsidiaries or on account of any return of capital to any Person’s stockholders, partners or members (or the equivalent of any thereof), or any payment (whether in cash,
securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, defeasance, acquisition, cancellation or termination of any such capital stock or other Equity Interest or any option,
warrant or other right to acquire any such dividend or other distribution or payment. 
 “Revolving Borrowing” means a
Borrowing comprised of Revolving Loans. 
 “Revolving Commitment” means, with respect to each Lender, the commitment of such
Lender to make Revolving Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Credit Exposure hereunder, as such
commitment may be (a) reduced or increased from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial
amount of each Lender’s Revolving Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Revolving Commitment, as applicable. The initial aggregate amount of the
Lenders’ Revolving Commitments is $200,000,000. 
 “Revolving Credit Exposure” means, with respect to any Lender at any
time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time. 
 “Revolving Loan” means, with respect to each Lender, such Lender’s pro-rata portion of any revolving Borrowing made pursuant to Section 2.01(a). 
 “Revolving Maturity Date” means September 28, 2012. 
 “S&P” means Standard & Poor’s. 
 “Sarbanes-Oxley” means
the Sarbanes-Oxley Act of 2002. 
  

 25 

 “SEC” means the Securities and Exchange Commission, or any Governmental Authority
succeeding to any of its principal functions. 
 “Section 956 Deemed Dividend” shall mean a deemed dividend pursuant to
Section 956 of the Code to the extent resulting from the creation of a pledge or other security interest or the execution of a guarantee by a Foreign Subsidiary; provided, that a Section 956 Deemed Dividend shall be treated as
resulting from such pledge or guarantee if (i) the Borrower shall notify the Administrative Agent in writing that it has been advised that it cannot obtain a “should” opinion from its tax advisors to the effect that such result should
not occur in a particular circumstance, and (ii) the Administrative Agent concurs. In the event of disagreement between the Borrower and the Administrative Agent, a Section 956 Deemed Dividend shall be considered to exist unless Ernst
&Young (or a successor national accounting firm mutually acceptable to Borrower and the Administrative Agent) delivers to the Borrower a written “should” opinion in form and substance reasonably satisfactory to the Administrative
Agent, to the effect that no Section 956 Deemed Dividend should result, such opinion to be procured at Borrower’s sole expense. 
 “Secured Foreign Credit Line” means any committed or uncommitted line of credit in favor of any Foreign Subsidiary of the Borrower permitted under Section 6.02(m) that is entered into by and between any such
Foreign Subsidiary and any Foreign Credit Line Bank; provided, that (a) each such line of credit (whether committed or uncommitted) shall be set forth on Schedule 6.02(m), and (b) the maximum aggregate amount of credit under
all such lines (including, without limitation, all uncommitted lines of credit) shall not at any time exceed $200,000,000. 
 “Secured Obligations” has the meaning specified in the Security Agreement. 
 “Secured Parties”
means, collectively, the Administrative Agent, the Lenders, the Issuing Bank, the Hedge Banks, the Foreign Credit Line Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Article VIII, and the
other Persons the Secured Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral Documents. 
 “Secured Swap Contract” means any Swap Contract in respect of any interest protection or other hedging arrangements required or permitted under Article V or VI that is entered into by
and between the Borrower and any Hedge Bank. 
 “Securities Laws” means the Securities Act of 1933, the Securities Exchange
Act of 1934, Sarbanes-Oxley, and, in each case, the rules and regulations of the SEC promulgated thereunder, and the applicable accounting and auditing principles, rules, standards and practices promulgated, approved or incorporated by the SEC or
the Public Company Accounting Oversight Board, as each of the foregoing may be amended and in effect on any applicable date under this Agreement. 
 “Security Agreement” has the meaning specified in Section 4.01(a)(iii). 
 “Security Agreement
Supplement” has the meaning specified in the Security Agreement. 
  

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 “Shareholders’ Equity” means, as of any date of determination, consolidated
shareholders’ equity of the Borrower and its Subsidiaries as of that date determined in accordance with GAAP. 
 “Significant
Foreign Subsidiary” means, (a) as of the Effective Date, each First Tier Foreign Subsidiary listed on Schedule 1.02(a) hereto, plus (b) after the Effective Date, each First Tier Foreign Subsidiary of the Borrower
that together with its Subsidiaries (i) has revenues in an amount equal to at least 5% of the consolidated revenues of the Borrower and its Subsidiaries, or (ii) has segment profit in an amount equal to at least 5% of the consolidated
segment profit of the Borrower and its Subsidiaries, or (iii) has assets in an amount equal to at least 5% of the consolidated total assets of the Borrower and its Subsidiaries, in each case, as determined for the most recently completed fiscal
year for which the Lenders have received financial statements of the Borrower and its Subsidiaries pursuant to Section 5.01(a), commencing with the fiscal year ending December, 2007. 
 “Significant Mark” means the “Tupperware” and “BeautiControl” Trademarks and Service Marks. 
 “Solvent” and “Solvency” mean, with respect to any Person on any date of determination, that on such date (a) the
fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable value of the assets of such Person is not less than the amount that will
be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to
pay such debts and liabilities as they mature and (d) such Person is not engaged in 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. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or
matured liability. 
 “Specified Florida Properties” means the unimproved Real Properties located in Orange and/or Osceola
Counties, Florida owned by the Borrower or any of its Subsidiaries as of the Effective Date. 
 “Statutory Reserve Rate”
means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or
supplemental reserves) expressed as a decimal established by the Board to which the Administrative Agent is subject (a) with respect to the Base CD Rate, for new negotiable nonpersonal time deposits in dollars of over $100,000 with maturities
approximately equal to three months and (b) with respect to the Adjusted LIBO Rate, for eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board). Such reserve percentages shall include
those imposed pursuant to such Regulation D. Eurodollar Loans shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available
from time to time to any Lender under such Regulation D or any comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 
  

 27 

 “subsidiary” means, with respect to any Person (the “parent”) at any
date, any corporation, limited liability company, partnership, association or other entity the accounts of which would be consolidated with those of the parent in the parent’s consolidated financial statements if such financial statements were
prepared in accordance with GAAP as of such date, as well as any other corporation, limited liability company, partnership, association or other entity (a) of which securities or other ownership interests representing more than 50% of the
equity or more than 50% of the ordinary voting power or, in the case of a partnership, more than 50% of the general partnership interests are, as of such date, owned, controlled or held, or (b) that is, as of such date, otherwise Controlled, by
the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries of the parent. 
 “Subsidiary” means any subsidiary of the Borrower. 
 “Swap Contract” means (a) any and all
rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or
options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency
rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or
subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps
and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such
obligations or liabilities under any Master Agreement. 
 “Swap Termination Value” means, in respect of any one or more Swap
Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in
accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Contracts, as determined based upon one or more
mid-market or other readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender). 
 “Synthetic Debt” means, with respect to any Person as of any date of determination thereof, all Obligations of such Person in respect of transactions entered into by such Person that are intended to
function primarily as a borrowing of funds (including any minority interest transactions that function primarily as a borrowing) but are not otherwise included in the definition of “Indebtedness” or as a liability on the
consolidated balance sheet of such Person and its Subsidiaries in accordance with GAAP. 
  

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 “Swingline Exposure” means, at any time, the aggregate principal amount of all Swingline
Loans outstanding at such time. The Swingline Exposure of any Lender at any time shall be its Applicable Percentage of the total Swingline Exposure at such time. 
 “Swingline Lender” means JPMorgan Chase Bank, N.A., in its capacity as lender of Swingline Loans hereunder. 
 “Swingline Loan” means a Loan made pursuant to Section 2.05. 
 “Synthetic Lease Obligation” means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, or (b) an agreement for the use or possession of property
(including sale and leaseback transactions), in each case, creating obligations that do not appear on the balance sheet of such Person but which, upon the application of any Debtor Relief Laws to such Person, would be characterized as the
indebtedness of such Person (without regard to accounting treatment). 
 “Taxes” means any and all present or future taxes,
levies, imposts, duties, deductions, charges or withholdings imposed by any Governmental Authority. 
 “Term Borrowing”
means a Borrowing comprised of Term Loans. 
 “Term Commitment” means, with respect to each Lender, the commitment of such
Lender to make a Term Loan hereunder, expressed as an amount representing the maximum aggregate principal amount of such Lender’s Term Loan. The amount of each Lender’s initial Term Commitment is set forth on Schedule 2.01. The
initial aggregate amount of the Lender’s Term Commitment is $600,000,000. 
 “Term Loan” means, with respect to each
Lender, such Lender’s pro-rata portion of the term loan Borrowing(s) made by the Lenders pursuant to Section 2.01(b) and 2.09(e) and, with respect to all Lenders, the aggregate of all such pro-rata portions. 
 “Term Maturity Date” means September 28, 2012. 
 “Three Month Secondary CD Rate” means, for any day, the secondary market rate for three month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day,
the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release
H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three month certificates of deposit of major money center banks in
New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of
recognized standing selected by it. 
 “Threshold Amount” means $10,000,000. 
  

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 “TICL” means Tupperware International Capital Ltd., a company organized under the laws
of Ireland and a Subsidiary of the Borrower. 
 “Trademarks and Service Marks” has the meaning specified in the Security
Agreement. 
 “Transaction” means, collectively, (a) the entering into by the Loan Parties and their applicable
Subsidiaries of the Loan Documents, (b) the refinancing of certain outstanding Indebtedness of the Borrower and its Subsidiaries and the termination of all commitments with respect thereto, including, without limitation, as to the Existing
Credit Agreement and (c) the payment of the fees and expenses incurred in connection with the consummation of the foregoing. 
 “Type”, when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans comprising such Borrowing, is determined by reference to the Adjusted LIBO Rate or the Alternate
Base Rate. 
 “UCC” means the Uniform Commercial Code as in effect in the State of New York; provided that, if
perfection or the effect of perfection or non perfection or the priority of any security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, “UCC” means the
Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority. 
 “Unfunded Pension Liability” means the excess of a Pension Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over
the current value of that Pension Plan’s assets, determined in accordance with the assumptions used for funding the Pension Plan pursuant to Section 412 of the Code for the applicable plan year. 
 “United States” and “U.S.” mean the United States of America. 
 “U.S. Loan Party” means any Loan Party that is organized under the laws of one of the states of the United States or the laws of the
District of Columbia. 
 SECTION 1.02. Classification of Loans and Borrowings. For purposes of this Agreement, Loans may be classified
and referred to by Class (e.g., a “Revolving Loan”) or by Type (e.g., a “Eurodollar Loan”) or by Class and Type (e.g., a “Eurodollar Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a
“Revolving Borrowing”) or by Type (e.g., a “Eurodollar Borrowing”) or by Class and Type (e.g., a “Eurodollar Revolving Borrowing”). 
 SECTION 1.03. Terms Generally. 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 (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such
agreement, instrument or other document as from time to time amended, supplemented or 

  

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otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein), (b) any reference herein to any
Person shall be construed to include such Person’s successors and assigns, (c) the words “herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its
entirety and not to any particular provision hereof, (d) all references herein to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement and (e) the
words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights. 

SECTION 1.04. Accounting Terms; GAAP. Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be
construed in accordance with GAAP, as in effect from time to time; provided that, if the Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after
the date hereof in GAAP or in the application thereof on the operation of such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of
whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective
until such notice shall have been withdrawn or such provision amended in accordance herewith. 
 ARTICLE II 
 THE CREDITS 
 SECTION 2.01.
Commitments. (a) Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in
(i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Commitment or (ii) the sum of the total Revolving Credit Exposures exceeding the total Revolving Commitments. Within the foregoing limits and subject
to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans. 
 (b) Subject to the terms and
conditions set forth herein, each Lender agrees to make a Term Loan to the Borrower on the date of the initial Borrowing in a principal amount that will not result in (a) such Lender’s Term Loan exceeding such Lender’s Term Commitment
or (b) the sum of the Term Loans exceeding the total Term Commitments. No amount of the Term Loan which is repaid or prepaid by the Borrower may be reborrowed hereunder. 
 SECTION 2.02. Loans and Borrowings. (a) Each Revolving Loan shall be made as part of a Borrowing consisting of Revolving Loans made by the
Lenders ratably in accordance with their respective Revolving Commitments. Each Term Loan shall be made as part of a Borrowing consisting of Term Loans made by the Lenders ratably in accordance with their respective Term Commitments. The failure of
any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other 

  

 31 

 
Lender’s failure to make Loans as required. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of
its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required. 
 (b) Subject to Section 2.14, each Borrowing shall be comprised entirely of ABR Loans or Eurodollar Loans as the Borrower may request in
accordance herewith. Each Swingline Loan shall be an ABR Loan. Each Lender at its option may make any Eurodollar Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such
option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement. 
 (c) At the
commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $5,000,000. At the time that each ABR Borrowing is made, such Borrowing
shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $1,000,000; provided that an ABR Revolving Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Revolving
Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.06(e). Each Swingline Loan shall be in an amount that is an integral multiple of $100,000 and not less than $1,000,000.
Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of ten Eurodollar Revolving Borrowings outstanding. 
 (d) Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any
Borrowing if the Interest Period requested with respect thereto would end after the Term Maturity Date or Revolving Maturity Date, as applicable. 
 SECTION 2.03. Requests for Borrowings. To request a Borrowing (other than a Swingline Loan), the Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Eurodollar Borrowing, not later
than 11:00 a.m., New York City time, three Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 11:00 a.m., New York City time, one Business Day before the date of the proposed
Borrowing; provided that any such notice of an ABR Revolving Borrowing to finance the reimbursement of an LC Disbursement as contemplated by Section 2.06(e) may be given not later than 10:00 a.m., New York City time, on the date of the
proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent
and signed by the Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02: 
 (a) the aggregate amount of the requested Borrowing; 
 (b) the date of such Borrowing, which shall be a
Business Day; 
  

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 (c) whether such Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; 
 (d) in the case of a Eurodollar Borrowing, the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition
of the term “Interest Period”; and 
 (e) the location and number of the Borrower’s account to which funds are to be
disbursed, which shall comply with the requirements of Section 2.07. 
 If no election as to the Type of such Borrowing is
specified, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period is specified with respect to any such requested Eurodollar Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s
duration. Promptly following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested
Borrowing. 
 SECTION 2.04. [Intentionally Omitted] 
 SECTION 2.05. Swingline Loans. (a) Subject to the terms and conditions set forth herein, the Swingline Lender agrees to make Swingline Loans to the Borrower from time to time during the Availability
Period, in an aggregate principal amount at any time outstanding that will not result in (i) the aggregate principal amount of outstanding Swingline Loans exceeding $25,000,000 or (ii) the sum of the total Revolving Credit Exposures
exceeding the total Revolving Commitments; provided that the Swingline Lender shall not be required to make a Swingline Loan to refinance an outstanding Swingline Loan. Within the foregoing limits and subject to the terms and conditions set
forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans. 
 (b) To request a Swingline Loan, the Borrower shall notify the
Administrative Agent of such request by telephone (confirmed by telecopy), not later than 12:00 noon, New York City time, on the day of a proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the requested date (which
shall be a Business Day) and amount of the requested Swingline Loan. The Administrative Agent will promptly advise the Swingline Lender of any such notice received from the Borrower. The Swingline Lender shall make each Swingline Loan available to
the Borrower by means of a credit to the general deposit account of the Borrower with the Swingline Lender (or, in the case of a Swingline Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(e), by
remittance to the Issuing Bank) by 3:00 p.m., New York City time, on the requested date of such Swingline Loan. 
 (c) The Swingline Lender
may by written notice given to the Administrative Agent not later than 10:00 a.m., New York City time, on any Business Day require the Lenders to acquire participations on such Business Day in all or a portion of the Swingline Loans outstanding.
Such notice shall specify the aggregate amount of Swingline Loans in which Lenders will participate. Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each Lender, specifying in such notice such Lender’s
Applicable Percentage of such Swingline Loan or Swingline Loans. Each Lender hereby absolutely and 

  

 33 

 
unconditionally agrees, upon receipt of notice as provided above, to pay to the Administrative Agent, for the account of the Swingline Lender, such
Lender’s Applicable Percentage of such Swingline Loan or Loans. Each Lender acknowledges and agrees that its obligation to acquire participations in Swingline Loans pursuant to this paragraph is absolute and unconditional and shall not be
affected by any circumstance whatsoever, including the occurrence and continuance of a Default or reduction or termination of the Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction
whatsoever. Each Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds, in the same manner as provided in Section 2.07 with respect to Loans made by such Lender (and
Section 2.07 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the Swingline Lender the amounts so received by it from the Lenders. The
Administrative Agent shall notify the Borrower of any participations in any Swingline Loan acquired pursuant to this paragraph, and thereafter payments in respect of such Swingline Loan shall be made to the Administrative Agent and not to the
Swingline Lender. Any amounts received by the Swingline Lender from the Borrower (or other party on behalf of the Borrower) in respect of a Swingline Loan after receipt by the Swingline Lender of the proceeds of a sale of participations therein
shall be promptly remitted to the Administrative Agent; any such amounts received by the Administrative Agent shall be promptly remitted by the Administrative Agent to the Lenders that shall have made their payments pursuant to this paragraph and to
the Swingline Lender, as their interests may appear; provided that any such payment so remitted shall be repaid to the Swingline Lender or to the Administrative Agent, as applicable, if and to the extent such payment is required to be
refunded to the Borrower for any reason. The purchase of participations in a Swingline Loan pursuant to this paragraph shall not relieve the Borrower of any default in the payment thereof. 
 SECTION 2.06. Letters of Credit. (a) General. Subject to the terms and conditions set forth herein, the Borrower may request the issuance of
Letters of Credit for its own account, in a form reasonably acceptable to the Administrative Agent and the Issuing Bank, at any time and from time to time during the Availability Period. In the event of any inconsistency between the terms and
conditions of this Agreement and the terms and conditions of any Letter of Credit Application or other agreement submitted by the Borrower to, or entered into by the Borrower with, the Issuing Bank relating to any Letter of Credit, the terms and
conditions of this Agreement shall control. 
 (a) Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. To request
the issuance of a Letter of Credit (or the amendment, renewal or extension of an outstanding Letter of Credit), the Borrower shall hand deliver or telecopy (or transmit by electronic communication, if arrangements for doing so have been approved by
the Issuing Bank) to the Issuing Bank and the Administrative Agent (reasonably in advance of the requested date of issuance, amendment, renewal or extension) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit
to be amended, renewed or extended, and specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such Letter of Credit is to expire (which shall comply with paragraph (c) of this
Section), the amount of such Letter of Credit, the name and address of the beneficiary thereof and such other information as shall be necessary to prepare, amend, renew or extend such Letter of Credit. If requested by the Issuing Bank, the Borrower
also shall submit a letter of credit application on the Issuing Bank’s standard form in connection with any request for a Letter of 

  

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Credit. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit
the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (i) the LC Exposure shall not exceed $50,000,000 and (ii) the sum of the total Revolving Credit Exposures
shall not exceed the total Revolving Commitments. 
 (b) Expiration Date. Each Letter of Credit shall expire at or prior to the close
of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five
Business Days prior to the Revolving Maturity Date. 
 (c) Participations. By the issuance of a Letter of Credit (or an amendment to a
Letter of Credit increasing the amount thereof) and without any further action on the part of the Issuing Bank or the Lenders, the Issuing Bank hereby grants to each Lender, and each Lender hereby acquires from the Issuing Bank, a participation in
such Letter of Credit equal to such Lender’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit. In consideration and in furtherance of the foregoing, each Lender hereby absolutely and
unconditionally agrees to pay to the Administrative Agent, for the account of the Issuing Bank, such Lender’s Applicable Percentage of each LC Disbursement made by the Issuing Bank and not reimbursed by the Borrower on the date due as provided
in paragraph (e) of this Section, or of any reimbursement payment required to be refunded to the Borrower for any reason. Each Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of
Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction or
termination of the Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. 
 (d) Reimbursement. If the Issuing Bank shall make any LC Disbursement in respect of a Letter of Credit, the Borrower shall reimburse such LC Disbursement by paying to the Administrative Agent an amount equal to such LC Disbursement
not later than 12:00 noon, New York City time, on the date that such LC Disbursement is made, if the Borrower shall have received notice of such LC Disbursement prior to 10:00 a.m., New York City time, on such date, or, if such notice has not been
received by the Borrower prior to such time on such date, then not later than 12:00 noon, New York City time, on (i) the Business Day that the Borrower receives such notice, if such notice is received prior to 10:00 a.m., New York City time, on
the day of receipt, or (ii) the Business Day immediately following the day that the Borrower receives such notice, if such notice is not received prior to such time on the day of receipt; provided that the Borrower may, subject to the
conditions to borrowing set forth herein, request in accordance with Section 2.03 or 2.05 that such payment be financed with an ABR Revolving Borrowing or Swingline Loan in an equivalent amount and, to the extent so financed, the
Borrower’s obligation to make such payment shall be discharged and replaced by the resulting ABR Revolving Borrowing or Swingline Loan. If the Borrower fails to make such payment when due, the Administrative Agent shall notify each Lender of
the applicable LC Disbursement, the payment then due from the Borrower in respect thereof and such Lender’s Applicable Percentage thereof. Promptly following receipt of such notice, each Lender shall pay to the Administrative Agent its
Applicable Percentage of the payment then due from the Borrower, in the same manner 

  

 35 

 
as provided in Section 2.07 with respect to Loans made by such Lender (and Section 2.07 shall apply, mutatis mutandis,
to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the Issuing Bank the amounts so received by it from the Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrower
pursuant to this paragraph, the Administrative Agent shall distribute such payment to the Issuing Bank or, to the extent that Lenders have made payments pursuant to this paragraph to reimburse the Issuing Bank, then to such Lenders and the Issuing
Bank as their interests may appear. Any payment made by a Lender pursuant to this paragraph to reimburse the Issuing Bank for any LC Disbursement (other than the funding of ABR Revolving Loans or a Swingline Loan as contemplated above) shall not
constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such LC Disbursement. 
 (e) Obligations Absolute.
The Borrower’s obligation to reimburse LC Disbursements as provided in paragraph (d) of this Section shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any
and all circumstances whatsoever and irrespective of (i) any lack of validity or enforceability of any Letter of Credit or this Agreement, or any term or provision therein, (ii) any draft or other document presented under a Letter of
Credit proving to be forged, fraudulent or invalid in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by the Issuing Bank under a Letter of Credit against presentation of a draft or other document
that does not comply with the terms of such Letter of Credit, or (iv) any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section, constitute a legal or
equitable discharge of, or provide a right of setoff against, the Borrower’s obligations hereunder. Neither the Administrative Agent, the Lenders nor the Issuing Bank, nor any of their Related Parties, shall have any liability or responsibility
by reason of or in connection with the issuance or transfer of any Letter of Credit or any payment or failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), or any error, omission,
interruption, loss or delay in transmission or delivery of any draft, notice or other communication under or relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation of technical
terms or any consequence arising from causes beyond the control of the Issuing Bank; provided that the foregoing shall not be construed to excuse the Issuing Bank from liability to the Borrower to the extent of any direct damages (as opposed
to consequential damages, claims in respect of which are hereby waived by the Borrower to the extent permitted by applicable law) suffered by the Borrower that are caused by the Issuing Bank’s failure to exercise care when determining whether
drafts and other documents presented under a Letter of Credit comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence or wilful misconduct on the part of the Issuing Bank (as finally determined by a
court of competent jurisdiction), the Issuing Bank shall be deemed to have exercised care in each such determination. In furtherance of the foregoing and without limiting the generality thereof, the parties agree that, with respect to documents
presented which appear on their face to be in substantial compliance with the terms of a Letter of Credit, the Issuing Bank may, in its sole discretion, either accept and make payment upon such documents without responsibility for further
investigation, regardless of any notice or information to the contrary, or refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such Letter of Credit. 
  

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 (f) Disbursement Procedures. The Issuing Bank shall, promptly following its receipt thereof,
examine all documents purporting to represent a demand for payment under a Letter of Credit. The Issuing Bank shall promptly notify the Administrative Agent and the Borrower by telephone (confirmed by telecopy) of such demand for payment and whether
the Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the Issuing Bank and the Lenders with respect
to any such LC Disbursement. 
 (g) Interim Interest. If the Issuing Bank shall make any LC Disbursement, then, unless the Borrower
shall reimburse such LC Disbursement in full on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrower
reimburses such LC Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if the Borrower fails to reimburse such LC Disbursement when due pursuant to paragraph (d) of this Section, then
Section 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the Issuing Bank, except that interest accrued on and after the date of payment by any Lender pursuant to paragraph (d) of this
Section to reimburse the Issuing Bank shall be for the account of such Lender to the extent of such payment. 
 (h) Replacement of the
Issuing Bank. The Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such
replacement of the Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12(b). From and after the
effective date of any such replacement, (i) the successor Issuing Bank shall have all the rights and obligations of the Issuing Bank under this Agreement with respect to Letters of Credit to be issued thereafter and (ii) references herein
to the term “Issuing Bank” shall be deemed to refer to such successor or to any previous Issuing Bank, or to such successor and all previous Issuing Banks, as the context shall require. After the replacement of an Issuing Bank hereunder,
the replaced Issuing Bank shall remain a party hereto and shall continue to have all the rights and obligations of an Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such replacement, but shall not be
required to issue additional Letters of Credit. 
 (i) Cash Collateralization. If any Event of Default shall occur and be continuing,
on the Business Day that the Borrower receives notice from the Administrative Agent or the Required Lenders (or, if the maturity of the Loans has been accelerated, Lenders with LC Exposure representing greater than 51% of the total LC Exposure)
demanding the deposit of cash collateral pursuant to this paragraph, the Borrower shall deposit in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Lenders, an amount in cash equal to the
LC Exposure as of such date plus any accrued and unpaid interest thereon; provided that the obligation to deposit such cash collateral shall become effective immediately, and such deposit shall become immediately due and payable, without
demand or other notice of any kind, upon the occurrence of any Event of Default with respect to the Borrower described in Section 7.01(f). Such deposit shall be held by the Administrative Agent as collateral for the payment and
performance of the obligations of the Borrower under 

  

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this Agreement. The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such account. Other
than any interest earned on the investment of such deposits, which investments shall be made at the option and sole discretion of the Administrative Agent and at the Borrower’s risk and expense, such deposits shall not bear interest. Interest
or profits, if any, on such investments shall accumulate in such account. Moneys in such account shall be applied by the Administrative Agent to reimburse the Issuing Bank for LC Disbursements for which it has not been reimbursed and, to the extent
not so applied, shall be held for the satisfaction of the reimbursement obligations of the Borrower for the LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of Lenders with LC Exposure
representing greater than 51% of the total LC Exposure), be applied to satisfy other obligations of the Borrower under this Agreement. If the Borrower is required to provide an amount of cash collateral hereunder as a result of the occurrence of an
Event of Default, such amount (to the extent not applied as aforesaid) shall be returned to the Borrower within three Business Days after all Events of Default have been cured or waived. 
 SECTION 2.07. Funding of Borrowings. (a) Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire
transfer of immediately available funds by 12:00 noon, New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders; provided that Swingline Loans shall be made as provided
in Section 2.05. The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower maintained with the Administrative Agent in New York
City and designated by the Borrower in the applicable Borrowing Request; provided that ABR Revolving Loans made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(d) shall be remitted by the Administrative
Agent to the Issuing Bank. 
 (b) Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any
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 paragraph
(a) of this Section and may, in reliance upon such assumption, make available to the 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 Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount is made available to the
Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case of such Lender, the greater of the Federal Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry
rules on interbank compensation or (ii) in the case of the Borrower, the interest rate applicable to ABR Loans. If such Lender pays such amount to the Administrative Agent, then such amount shall constitute such Lender’s Loan included in
such Borrowing. 
 SECTION 2.08. Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the
applicable Borrowing Request and, in the case of a Eurodollar Revolving Borrowing, shall have an initial Interest Period as specified in such Borrowing Request. Thereafter, the Borrower may elect to convert such Borrowing to a different Type or to
continue 

  

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such Borrowing and, in the case of a Eurodollar Borrowing, may elect Interest Periods therefor, all as provided in this Section. The Borrower may elect
different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion
shall be considered a separate Borrowing. This Section shall not apply to Swingline Borrowings, which may not be converted or continued. 
 (b) To make an election pursuant to this Section, the Borrower shall notify the Administrative Agent of such election by telephone by the time that a Borrowing Request would be required under Section 2.03 if the Borrower were
requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to
the Administrative Agent of a written Interest Election Request in a form approved by the Administrative Agent and signed by the Borrower. 
 (c) Each telephonic and written Interest Election Request shall specify the following information in compliance with Section 2.03: 
 (i) the Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting
Borrowing (in which case the information to be specified pursuant to clauses (iii) and (iv) below shall be specified for each resulting Borrowing); 
 (ii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day; 
 (iii) whether the resulting Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; and 
 (iv) if the resulting Borrowing is a Eurodollar Borrowing, the Interest Period to be applicable thereto after giving effect to such
election, which shall be a period contemplated by the definition of the term “Interest Period”. 
 If any such Interest Election
Request requests a Eurodollar Borrowing but does not specify an Interest Period, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. 
 (d) Promptly following receipt of an Interest Election Request, the Administrative Agent shall advise each Lender of the details thereof and of such
Lender’s portion of each resulting Borrowing. 
 (e) If the Borrower fails to deliver a timely Interest Election Request with respect to
a Eurodollar Borrowing prior to the end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period such Borrowing shall be converted to an ABR Borrowing. Notwithstanding
any contrary provision hereof, if an Event of Default has occurred and is continuing and the Administrative Agent, at the request of the Required Lenders, so notifies the Borrower, then, so long as an Event of 

  

 39 

 
Default is continuing (i) no outstanding Revolving Borrowing may be converted to or continued as a Eurodollar Borrowing and (ii) unless repaid,
each Eurodollar Borrowing shall be converted to an ABR Borrowing at the end of the Interest Period applicable thereto. 
 SECTION 2.09.
Termination, Reduction and Increase of Commitments. (a) General. Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Maturity Date. Unless previously terminated, the initial Term Commitments
shall terminate upon the making of the Term Loan on the date of the initial Borrowing. Any Term Commitment arising pursuant to Section 2.09(e) shall, unless previously terminated, terminate on the date the corresponding incremental Term
Loan is made. 
 (b) Voluntary Reduction of Commitments. The Borrower may at any time terminate, or from time to time reduce, the
Commitments; provided that (i) each reduction of the Commitments shall be in an amount that is an integral multiple of $1,000,000 and not less than $5,000,000 and (ii) the Borrower shall not terminate or reduce the Revolving
Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.11, the sum of the Revolving Credit Exposures would exceed the total Revolving Commitments. 
 (c) Notice of Election to Voluntarily Reduce Commitments. The Borrower shall notify the Administrative Agent of any election to terminate or
reduce the Commitments under paragraph (b) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any
notice, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Commitments delivered by the
Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if
such condition is not satisfied. Any termination or reduction of the Commitments shall be permanent. Each reduction of the Commitments shall be made ratably among the Lenders in accordance with their respective Revolving Commitments or Term
Commitments, as applicable. 
 (d) Mandatory Reduction of Commitments. The Revolving Commitments shall be automatically and
permanently reduced on each date on which the prepayment of Revolving Loans outstanding are required to be made pursuant to Section 2.11(c)(i), (ii), (iii), (iv) or (v) by an amount equal to the
applicable Reduction Amount. If after giving effect to any reduction or termination of unused Revolving Commitments under this Section 2.09, the Letter of Credit sublimit or the Swingline Loan sublimit exceeds the Revolving Commitments
at such time, the Letter of Credit sublimit or the Swingline sublimit, as the case may be, shall be automatically reduced by the amount of such excess. 
 (e) Increase of Commitments. On up to three occasions after the Effective Date, the Borrower at its option may, from time to time, seek incremental Revolving Commitments or Term Commitments not exceeding in the
aggregate $150,000,000 for all such Commitment increases after the date hereof upon at least five (5) Business Days’ prior written notice to the Administrative Agent, which notice shall (i) specify the amount of any such 

  

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proposed increase, (ii) specify whether the proposed increase is with respect to Revolving Commitments, Term Commitments or both and (iii) certify
that no Default has occurred and is continuing. After delivery of such notice, the Administrative Agent or the Borrower, in consultation with the Administrative Agent, may offer the increase (which may be declined by any Lender in its sole
discretion) in the Commitments on either a ratable basis to the Lenders or on a non pro-rata basis to one or more Lenders and/or to other Lenders or entities acceptable to the Administrative Agent and the Borrower. No increase in the total
Commitments shall become effective until the existing or new Lenders extending such incremental Commitment amount and the Borrower shall have delivered to the Administrative Agent a document in form and substance satisfactory to the Administrative
Agent pursuant to which (i) any such existing Lender agrees to the amount of its Revolving Commitment or Term Commitment increase, (ii) any such new Lender states its Revolving Commitment or Term Commitment amount and agrees to assume and
accept the obligations and rights of a Lender hereunder, (iii) the Borrower accepts such incremental Commitments, (iv) the effective date of any increase in the Revolving Commitments or Term Commitments and the date of any incremental Term
Loans to be made pursuant thereto is specified and (v) the Borrower certifies that on such date the conditions for a new Loan set forth in Section 4.02 are satisfied. Upon the effectiveness of any increase in the total Revolving
Commitments, the Lenders (new or existing) shall accept an assignment from the existing Lenders, and the existing Lenders shall make an assignment to the new or existing Lenders accepting a new or increased Revolving Commitment, of a direct or
participation interest in each then outstanding Revolving Loan, Swingline Loan and Letter of Credit such that, after giving effect thereto, all Revolving Credit Exposure is held ratably by the Lenders in proportion to their respective Revolving
Commitments. Assignments pursuant to the preceding sentence shall be made in exchange for the principal amount assigned plus accrued and unpaid interest and fees. Any incremental Term Loan made pursuant hereto shall be made as part of a Term
Borrowing comprised of all outstanding Term Loans. The Borrower shall make any payments under Section 2.16 arising out of the making of the assignments or the single Term Borrowing referred to in the two preceding sentences. The
effectiveness of any such incremental Commitments shall be subject to receipt by the Administrative Agent from the Borrower of such supplemental, resolutions, certificates and other documents as the Administrative Agent may reasonably request. From
and after the making of an incremental Term Loan or Revolving Loan pursuant to this Section, such loan shall be deemed a “Term Loan” or “Revolving Loan”, as applicable, hereunder for all purposes hereof. 
 SECTION 2.10. Repayment of Loans; Evidence of Debt. (a) The Borrower hereby unconditionally promises to pay (i) to the Swingline Lender
the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after such
Swingline Loan is made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans then outstanding. (ii) to the Administrative Agent for the account of each applicable Lender the then unpaid
principal amount of each Revolving Loan on the Revolving Maturity Date and (iii) to the Administrative Agent for the account of each applicable Lender for the ratable (relative to Term Loan principal amount held) account of each applicable
Lender in respect of the Term Loan the aggregate amount of $1,500,000 on the last day of each calendar quarter from and including June 28, 2008 (and in addition, to the extent that any incremental Term Loans shall be made pursuant to
Section 2.09(e), an additional amount equal to .25% of the initial aggregate principal amount 

  

 41 

 
of such incremental Term Loans on the last day of each calendar quarter from and including the calendar quarter in which such incremental Term Loans are
made) and the entire unpaid amount of all Term Loans on the Term Maturity Date. 
 (b) Each Lender shall maintain in accordance with its
usual practice an account or accounts evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time
hereunder. 
 (c) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder,
the Class and Type thereof and the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) the amount of any sum
received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. 
 (d) The entries made
in the accounts maintained pursuant to paragraph (b) or (c) of this Section shall be prima facie evidence of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the
Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Loans in accordance with the terms of this Agreement. 
 (e) Any Lender may request that the Loans made by it be evidenced by a promissory note. In such event, the Borrower shall prepare, execute and deliver to
such Lender a promissory note payable to the order of such Lender (or, if requested by such Lender, to such Lender and its registered assigns) and in a form approved by the Administrative Agent. Thereafter, the Loans evidenced by such promissory
note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the order of the payee named therein (or, if such promissory note
is a registered note, to such payee and its registered assigns). 
 SECTION 2.11. Prepayment of Loans. (a) Voluntary
Prepayments. The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section. Optional prepayments of the Term Loan
shall be applied pursuant to Section 2.11(b) to the next four quarterly principal repayment installments thereof in direct order of maturity and thereafter ratably to the remaining principal repayment installments thereof. 
 (b) Notice; Etc. The Borrower shall notify the Administrative Agent (and, in the case of prepayment of a Swingline Loan, the Swingline Lender) by
telephone (confirmed by telecopy) of any prepayment hereunder (i) in the case of prepayment of a Eurodollar Borrowing, not later than 11:00 a.m., New York City time, three Business Days before the date of prepayment, (ii) in the case of
prepayment of an ABR Borrowing, not later than 11:00 a.m., New York City time, one Business Day before the date of prepayment or (iii) in the case of prepayment of a Swingline Loan, not later than 12:00 noon, New York City time, on the date of
prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid; provided that, if a notice of 

  

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prepayment is given in connection with a conditional notice of termination of the Commitments as contemplated by Section 2.09(c), then such
notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.09(c). Promptly following receipt of any such notice relating to a Borrowing, the Administrative Agent shall advise the Lenders of
the contents thereof. Each partial prepayment of any Term Loan Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02. Each prepayment of a Borrowing
shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13. 
 (c) Mandatory Prepayments. (i) Beginning with the fiscal year ending December 29, 2007, within two Business Days after the Compliance
Certificate related to the financial statements delivered pursuant to Section 5.01(a) has been delivered pursuant to Section 5.02(b), the Borrower shall prepay an aggregate principal amount of Loans equal to 50% of Excess
Cash Flow for the fiscal year covered by such financial statements; provided, that to the extent (x) the Consolidated Leverage Ratio for the Measurement Period then ended shall be less than 2.50:1.00, the amount of such
prepayment shall be equal to 25% of Excess Cash Flow for the fiscal year covered by such financial statements, and (y) the Consolidated Leveraged Ratio for the Measurement Period then ended shall be less than 2.00:1.00, the amount
of such prepayment shall be equal to zero; provided further that to the extent the Borrower shall have made any optional prepayments of Term Loans or Revolving Loans accompanying a corresponding reduction in the Revolving Credit Exposure
pursuant to Section 2.09 in the fiscal year with respect to which such Excess Cash Flow is calculated, the amount of such optional prepayments shall be credited against the foregoing mandatory prepayment. 
 (ii) If the Borrower or any of its Subsidiaries makes any Disposition of any property or assets (other than any Disposition of any
property or assets permitted by Section 6.05(a), (b), (c), (d), (e), (h), (i) or (j)) which results in the realization by the Borrower or such Subsidiary of Net Cash Proceeds, the
Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Cash Proceeds received therefrom promptly upon receipt of such Net Cash Proceeds by the Borrower or such Subsidiary; provided, however, that
(A) Net Cash Proceeds realized under a Disposition or a series of related Dispositions described in this Section 2.11(c)(ii) shall not be required to be applied to the prepayment of the Loans as set forth in this
Section 2.11 unless the fair market value of the property or assets subject thereto exceeds $250,000, (B) Net Cash Proceeds realized under a Disposition described in this Section 2.11(c)(ii) shall not be required to be
applied to the prepayment of the Loans as set forth in this Section 2.11 until the aggregate amount of such Net Cash Proceeds, together with the Net Cash Proceeds of other such Dispositions, in the aggregate not so prepaid or reinvested
exceeds $3,000,000 in any fiscal year, in which case, all such aggregate Net Cash Proceeds shall also be applied to the prepayment of the Loans as set forth in this Section 2.11; and (C) the Net Cash Proceeds of any Disposition in
the ordinary course of business of car fleets used by employees or consultants of the Borrower and its Subsidiaries shall not be subject to this Section 2.11(c)(ii); provided, further, that, with respect to any Net Cash
Proceeds realized under a Disposition described in this Section 2.11(c)(ii), (x) at the option of the Borrower (as elected by the Borrower in writing to the Administrative Agent on or prior to the date of such Disposition or the
receipt of such Net Cash 

  

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Proceeds), and so long as no Default shall have occurred and be continuing, the Borrower or such Subsidiary may reinvest all or any portion of such Net Cash
Proceeds in operating assets so long as within 365 days after the receipt of such Net Cash Proceeds (or, if earlier, the date on which such Net Cash Proceeds would be required to be applied, or to be offered to be applied, to prepay, redeem or
defease any Indebtedness of the Borrower or any of its Subsidiaries under any Permitted Financing), such purchase shall have been consummated (as certified by the Borrower in writing to the Administrative Agent), and (y) any Net Cash Proceeds
not so reinvested shall be immediately applied to the prepayment of the Loans as set forth in this Section 2.11. Notwithstanding the foregoing, with respect to any Net Cash Proceeds realized from a Disposition of any Specified Florida
Properties, any legally binding agreement to make expenditures in respect of such Specified Florida Properties at the time of such Disposition shall be deemed to constitute a reinvestment of the Net Cash Proceeds of such Disposition in an aggregate
amount equal to such committed expenditures; provided, that if such legally binding agreement terminates or expires prior to the completion of such expenditures or all or a portion of such expenditures are no longer required pursuant to such
legally binding agreement, then Net Cash Proceeds in an amount equal to any such expenditures not completed or no longer required shall be immediately applied to the prepayment of the Loans as set forth in this Section 2.11. 

(iii) Upon the sale or issuance by the Borrower or any of its Subsidiaries of any of its Equity Interests (other than (x) any
sales or issuances of Equity Interests by any Subsidiary of the Borrower to the Borrower or to any Loan Party or by any Subsidiary of the Borrower that is not a Guarantor to any other Subsidiary of the Borrower that is not a Guarantor or
(y) Equity Interests issued in connection with an Employee Benefit Arrangement or with a stock incentive plan, stock option plan or other equity based compensation plan or arrangement), the Borrower shall prepay an aggregate principal amount of
Loans equal to 50% of all Net Cash Proceeds received therefrom promptly upon receipt thereof by the Borrower or such Subsidiary; provided, however, that (A) no prepayments shall be required from the Net Cash Proceeds realized from
any exercise of any option, warrant, or other right to acquire capital stock in the Borrower to the extent the Borrower uses such Net Cash Proceeds to purchase, redeem or otherwise acquire shares of its common stock within 180 days after the receipt
of such Net Cash Proceeds, and (B) the foregoing percentage shall be reduced to zero in the event that the Consolidated Leverage Ratio at the end of most recently completed fiscal quarter was not greater than 1.0:1.0. 

(iv) Upon the incurrence or issuance by the Borrower or any of its Subsidiaries of any Indebtedness (other than Indebtedness expressly
permitted to be incurred or issued pursuant to Section 6.02), the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by the Borrower or
such Subsidiary. 
 (v) Upon any Extraordinary Receipt received by or paid to or for the account of the Borrower or any of its
Subsidiaries, and not otherwise included in clause (ii), (iii), or (iv) of this Section 2.11(c), the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Cash Proceeds received
therefrom promptly 

  

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upon receipt thereof by the Borrower or such Subsidiary; provided, however, that with respect to any Extraordinary Receipt, (x) at the
option of the Borrower (as elected by the Borrower in writing to the Administrative Agent on or prior to the date of the receipt of such Extraordinary Receipt), and so long as no Default shall have occurred and be continuing, the Borrower or such
Subsidiary may apply such Extraordinary Receipt to replace or repair the equipment, fixed assets or real property in respect of which such Extraordinary Receipt was received or, as applicable, reinvest all or any portion of any other such
Extraordinary Receipt in operating assets so long as within 365 days after the receipt of such Extraordinary Receipt (or, if earlier, the date on which such amounts would be required to be applied, or to be offered to be applied, to prepay, redeem
or defease any Indebtedness of the Borrower or any of its Subsidiaries under any Permitted Financing), such replacement, repair or purchase shall have been consummated or the Borrower or such Subsidiary shall have entered into a legally binding
agreement to consummate such replacement, repair or purchase (each as certified by the Borrower in writing to the Administrative Agent), and, in the case of any such agreement to replace, repair or purchase, such replacement, repair or purchase
shall have been consummated within 540 days (or, if earlier, the date on which such amounts would be required to be applied, or to be offered to be applied, to prepay, redeem or defease any Indebtedness of the Borrower or any of its Subsidiaries
under any Permitted Financing) after such certification of agreement to replace, repair or purchase (as certified by the Borrower in writing to the Administrative Agent), and (y) any Extraordinary Receipt not so applied shall be immediately
applied to the prepayment of the Loans as set forth in this Section 2.11. 
 (vi) If at any time the aggregate
Revolving Credit Exposure of the Lenders exceeds the aggregate Revolving Commitments of the Lenders, the Borrower shall immediately prepay the Revolving Loans in the amount of such excess. To the extent that, after the prepayment of all Revolving
Loans an excess of the Revolving Credit Exposure over the aggregate Revolving Commitments still exists, the Borrower shall promptly Cash Collateralize the Letters of Credit in the manner described in Section 2.06(i) in an amount
sufficient to eliminate such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the LC Exposure pursuant to this Section 2.11(c)(vi) unless after the prepayment in full of the Revolving
Loans and Swingline Loans the Revolving Credit Exposure exceeds the Revolving Commitments at such time. 
 (vii) Each
mandatory prepayment of a Borrowing pursuant to this Section 2.11(c) shall be applied, first, to the Term Loans and to the principal repayment installments thereof on a pro rata basis and, second, to the Revolving Loans in
the manner set forth in clause (viii) of this Section 2.11(c); provided that a mandatory prepayment pursuant to clause (vi) of this Section 2.11(c) shall be applied exclusively as provided
therein. 
 (viii) Prepayments of the Revolving Loans made pursuant to clause (i), (ii), (iii),
(iv), (v), or (vi) of this Section 2.11(c), first, shall be applied ratably to the unreimbursed LC Disbursements and the Swingline Loans, second, shall be applied ratably to the outstanding
Revolving Loans, and, third, shall be used to Cash Collateralize 

  

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the remaining LC Exposure; and, in the case of prepayments of the Revolving Loans required pursuant to clause (i), (ii), (iii),
(iv) or (v) of this Section 2.11(c), the amount remaining, if any, after the prepayment in full of all unreimbursed LC Disbursements, Swingline Loans and Revolving Loans outstanding at such time and the cash
collateralization of the remaining LC Exposure in full (the sum of such prepayment amounts, cash collateralization amounts and remaining amount being, collectively, the “Reduction Amount”) may be retained by the Borrower for use in
the ordinary course of its business, and the Revolving Commitments shall be automatically and permanently reduced by the Reduction Amount as set forth in Section 2.09(d). Upon the drawing of any Letter of Credit that has been Cash
Collateralized, the funds held as cash collateral shall be applied (without any further action by or notice to or from the Borrower or any other Loan Party) to reimburse the Issuing Bank or the Lenders, as applicable. 
 SECTION 2.12. Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Lender with a Revolving Commitment a
commitment fee, which shall accrue at the Applicable Rate on the daily amount of the difference between the Revolving Commitment of such Lender and the Revolving Credit Exposure (excluding Swingline Exposure) of such Lender during the period from
and including the date hereof to but excluding the date on which such Revolving Commitment terminates. Accrued commitment fees shall be payable in arrears on the last day of March, June, September and December of each year and on the date on which
the Revolving Commitments terminate, commencing on the first such date to occur after the date hereof. All commitment fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the
first day but excluding the last day). 
 (b) The Borrower agrees to pay (i) to the Administrative Agent for the account of each Lender
a participation fee with respect to its participations in Letters of Credit, which shall accrue at the same Applicable Rate used to determine the interest rate applicable to Eurodollar Revolving Loans on the average daily amount of such
Lender’s LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements) during the period from and including the Effective Date to but excluding the later of the date on which such Lender’s Commitment terminates
and the date on which such Lender ceases to have any LC Exposure, and (ii) to the Issuing Bank a fronting fee, which shall accrue at the rate or rates per annum separately agreed upon between the Borrower and the Issuing Bank on the average
daily amount of the LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements) during the period from and including the Effective Date to but excluding the later of the date of termination of the Revolving Commitments
and the date on which there ceases to be any LC Exposure, as well as the Issuing Bank’s standard fees with respect to the issuance, amendment, renewal or extension of any Letter of Credit or processing of drawings thereunder. Participation fees
and fronting fees accrued through and including the last day of March, June, September and December of each year shall be payable on the third Business Day following such last day, commencing on the first such date to occur after the Effective Date;
provided that all such fees shall be payable on the date on which the Revolving Commitments terminate and any such fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. Any other fees payable to
the Issuing Bank pursuant to this paragraph shall be payable within 10 days after demand. All participation fees and fronting fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed
(including the first day but excluding the last day). 
  

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 (c) The Borrower agrees to pay to the Administrative Agent, for its own account, fees payable in the
amounts and at the times separately agreed upon between the Borrower and the Administrative Agent. 
 (d) All fees payable hereunder shall be
paid on the dates due, in immediately available funds, to the Administrative Agent (or to the Issuing Bank, in the case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Lenders with a Revolving
Commitment or Revolving Credit Exposure. Fees paid shall not be refundable under any circumstances. 
 SECTION 2.13. Interest.
(a) The Loans comprising each ABR Borrowing (including each Swingline Loan) shall bear interest at the Alternate Base Rate. 
 (b) The
Loans comprising each Eurodollar Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate. 
 (c) Notwithstanding the foregoing, if any principal of or interest on any Loan or any fee or other amount payable by the Borrower hereunder is not paid
when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to (i) in the case of overdue principal of any Loan, 2% plus the
rate otherwise applicable to such Loan as provided in the preceding paragraphs of this Section or (ii) in the case of any other amount, 2% plus the rate applicable to ABR Loans as provided in paragraph (a) of this Section.

 (d) Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and, in the case of Revolving
Loans, upon termination of the Revolving Commitments; provided that (i) interest accrued pursuant to paragraph (c) of this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other
than a prepayment of an ABR Loan prior to the end of the Availability Period), accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (iii) in the event of any conversion of
any Eurodollar Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. 
 (e) All interest hereunder shall be computed on the basis of a year of 360 days, except that interest computed by reference to the Alternate Base Rate at times when the Alternate Base Rate is based on the Prime Rate
shall be computed on the basis of a year of 365 days (or 366 days in a leap year), and in each case shall be payable for the actual number of days elapsed (including the first day but excluding the last day). The applicable Alternate Base Rate or
Adjusted LIBO Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error. 
 SECTION 2.14. Alternate Rate of Interest. If prior to the commencement of any Interest Period for a Eurodollar Borrowing: 
 (a) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate for such Interest Period; or 
  

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 (b) the Administrative Agent is advised by the Required Lenders that the Adjusted LIBO Rate for such
Interest Period will not adequately and fairly reflect the cost to such Lenders (or Lender) of making or maintaining their Loans (or its Loan) included in such Borrowing for such Interest Period; 
 then the Administrative Agent shall give notice thereof to the Borrower and the Lenders by telephone or telecopy as promptly as practicable thereafter
and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of any Revolving Borrowing to, or
continuation of any Revolving Borrowing as, a Eurodollar Borrowing shall be ineffective and (ii) if any Borrowing Request requests a Eurodollar Revolving Borrowing, such Borrowing shall be made as an ABR Borrowing; provided that if the
circumstances giving rise to such notice affect only one Type of Borrowings, then the other Type of Borrowings shall be permitted. 
 SECTION
2.15. Increased Costs. (a) If any Change in Law shall: 
 (i) impose, modify or deem applicable any reserve, special deposit or
similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender (except any such reserve requirement reflected in the Adjusted LIBO Rate) or the Issuing Bank; or 
 (ii) impose on any Lender or the Issuing Bank or the London interbank market any other condition affecting this Agreement or Eurodollar 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 or maintaining any Eurodollar Loan (or of maintaining its obligation to make any such Loan) or to increase the cost to such Lender or the Issuing Bank of participating in, issuing or maintaining any Letter of Credit or to reduce the
amount of any sum received or receivable by such Lender or the Issuing Bank hereunder (whether of principal, interest or otherwise), then the Borrower will pay to such Lender or the Issuing Bank, as the case may be, such additional amount or amounts
as will compensate such Lender or the Issuing Bank, as the case may be, for such additional costs incurred or reduction suffered. 
 (b) If
any Lender or the Issuing Bank determines that any Change in Law regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s or the Issuing Bank’s capital or on the capital of such
Lender’s or the Issuing Bank’s holding company, if any, as a consequence of this Agreement or the Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by the Issuing Bank, to a level
below that which such Lender or the Issuing Bank or such Lender’s or the Issuing Bank’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the Issuing Bank’s policies and
the policies of such Lender’s 

  

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or the Issuing Bank’s holding company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender or the Issuing
Bank, as the case may be, such additional amount or amounts as will compensate such Lender or the Issuing Bank or such Lender’s or the Issuing Bank’s holding company for any such reduction suffered. 
 (c) A certificate of a Lender or the Issuing Bank setting forth the amount or amounts necessary to compensate such Lender or the Issuing Bank or its
holding company, as the case may be, as specified in paragraph (a) or (b) of this Section shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender or the Issuing Bank, as the case
may be, the amount shown as due on any such certificate within 10 days after receipt thereof. 
 (d) Failure or delay on the part of any
Lender or the Issuing Bank to demand compensation pursuant to this Section shall not constitute a waiver of such Lender’s or the Issuing Bank’s right to demand such compensation; provided that the Borrower shall not be required to
compensate a Lender or the Issuing Bank pursuant to this Section for any increased costs or reductions incurred more than 270 days prior to the date that such Lender or the Issuing Bank, as the case may be, notifies the Borrower of the Change in Law
giving rise to such increased costs or reductions and of such Lender’s or the Issuing Bank’s intention to claim compensation therefor; provided further that, if the Change in Law giving rise to such increased costs or
reductions is retroactive, then the 270-day period referred to above shall be extended to include the period of retroactive effect thereof. 
 SECTION 2.16. Break Funding Payments. In the event of (a) the payment of any principal of any Eurodollar Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default),
(b) the conversion of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Eurodollar Loan on the date specified in any notice delivered
pursuant hereto (regardless of whether such notice may be revoked under Section 2.11(b) and is revoked in accordance therewith) or (d) the assignment of any Eurodollar Loan other than on the last day of the Interest Period
applicable thereto as a result of a request by the Borrower pursuant to Section 2.19, then, in any such event, the Borrower shall compensate each Lender for the loss, cost and expense attributable to such event. In the case of a
Eurodollar Loan, such loss, cost or expense to any Lender shall be deemed to include an amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of such Loan had
such event not occurred, at the Adjusted LIBO Rate that would have been applicable to such Loan, for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert
or continue, for the period that would have been the Interest Period for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which such Lender would bid were it to bid,
at the commencement of such period, for dollar deposits of a comparable amount and period from other banks in the eurodollar market. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to
this Section shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof. 
  

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 SECTION 2.17. Taxes. (a) Any and all payments by or on account of any obligation of the
Borrower hereunder shall be made free and clear of and without deduction for any Indemnified Taxes or Other Taxes; provided that if the Borrower shall be required to deduct any Indemnified Taxes or Other Taxes from such payments, then (i) the
sum payable shall be increased as necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent, Lender or Issuing Bank (as the case may be) receives
an amount equal to the sum it would have received had no such deductions been made, (ii) the Borrower shall make such deductions and (iii) the Borrower shall pay the full amount deducted to the relevant Governmental Authority in accordance
with applicable law. 
 (b) In addition, the Borrower shall pay any Other Taxes to the relevant Governmental Authority in accordance with
applicable law. 
 (c) The Borrower shall indemnify the Administrative Agent, each Lender and the Issuing Bank, within 10 days after written
demand therefor, for the full amount of any Indemnified Taxes or Other Taxes paid by the Administrative Agent, such Lender or the Issuing Bank, as the case may be, on or with respect to any payment by or on account of any obligation of the Borrower
hereunder (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such
Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender or the Issuing Bank, or by the
Administrative Agent on its own behalf or on behalf of a Lender or the Issuing Bank, shall be conclusive absent manifest error. 
 (d) As
soon as practicable after any payment of Indemnified Taxes or Other Taxes by the Borrower to a Governmental Authority, the Borrower shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental
Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (e) Any Foreign Lender that is entitled to an exemption from or reduction of withholding tax under the law of the jurisdiction in which the Borrower is located, or any treaty to which such jurisdiction is a party,
with respect to payments under this Agreement shall deliver to the Borrower (with a copy to the Administrative Agent), at the time or times prescribed by applicable law, such properly completed and executed documentation prescribed by applicable law
or reasonably requested by the Borrower as will permit such payments to be made without withholding or at a reduced rate. 
 (f) If the
Administrative Agent or a Lender determines, in its sole discretion, that it has received a refund of any Taxes or Other Taxes as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts
pursuant to this Section 2.17, it shall pay over such refund to the Borrower (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section 2.17 with respect to the Taxes or
Other Taxes giving rise to such refund), net of all out-of-pocket expenses of the Administrative Agent or such Lender and without interest (other than any interest paid by 

  

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the relevant Governmental Authority with respect to such refund); provided, that the Borrower, upon the request of the Administrative Agent or such
Lender, agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Administrative Agent or such Lender in the event the Administrative Agent or such
Lender is required to repay such refund to such Governmental Authority. This Section shall not be construed to require the Administrative Agent or any Lender to make available its tax returns (or any other information relating to its taxes which it
deems confidential) to the Borrower or any other Person. 
 SECTION 2.18. Payments Generally; Pro Rata Treatment; Sharing of Set-offs.
(a) The Borrower shall make each payment required to be made by it hereunder (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under Section 2.15, 2.16 or 2.17, or
otherwise) prior to 12:00 noon, New York City time, on the date when due, in immediately available funds, without set off or counterclaim. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed
to have been received on the next succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent at its offices at 270 Park Avenue, New York, New York, except payments to be made
directly to the Issuing Bank or Swingline Lender as expressly provided herein and except that payments pursuant to Sections 2.15, 2.16, 2.17 and 9.03 shall be made directly to the Persons entitled thereto. The
Administrative Agent shall distribute any such payments received by it for the account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business Day,
the date for payment shall be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments hereunder shall be made in dollars.

 (b) If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal,
unreimbursed LC Disbursements, interest and fees then due hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of
interest and fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed LC Disbursements then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and
unreimbursed LC Disbursements then due to such parties. 
 (c) If any Lender shall, by exercising any right of set off or counterclaim or
otherwise, obtain payment in respect of any principal of or interest on any of its Revolving Loans or participations in LC Disbursements, its Term Loan or its Swingline Loans resulting in such Lender receiving payment of a greater proportion of the
aggregate amount of its Revolving Loans and participations in LC Disbursements, Term Loan and Swingline Loans and accrued interest thereon than the proportion received by any other Lender, then the Lender receiving such greater proportion shall
purchase (for cash at face value) participations in the Revolving Loans, Term Loans and participations in LC Disbursements, Term Loan and Swingline Loans of other Lenders to the extent necessary 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 Revolving Loans, Term Loan and participations in LC Disbursements and 

  

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Swingline Loans; provided that (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is
recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this paragraph shall not be construed to apply to any payment made by the Borrower
pursuant to and in accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or participations in LC Disbursements to any assignee or
participant, other than to the Borrower or any Subsidiary or Affiliate thereof (as to which the provisions of this paragraph shall apply). The Borrower 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 the Borrower rights of set-off and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the
Borrower in the amount of such participation. 
 (d) Unless the Administrative Agent shall have received notice from the Borrower prior to
the date on which any payment is due to the Administrative Agent for the account of the Lenders or the Issuing Bank hereunder that the Borrower will not make such payment, the Administrative Agent may assume that the Borrower has made such payment
on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the Issuing Bank, as the case may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the
Lenders or the Issuing Bank, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender or Issuing Bank 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 Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank
compensation. 
 (e) If any Lender shall fail to make any payment required to be made by it pursuant to Section 2.05(c),
2.06(d) or (e), 2.07(b), 2.18(d) or 9.03(c), then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent
for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid. 
 SECTION 2.19. Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under Section 2.15, or if the Borrower is required to pay any additional amount to any Lender or any Governmental
Authority for the account of any Lender pursuant to Section 2.17, then such Lender shall use reasonable efforts 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, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 2.15 or 2.17, as the case may
be, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender
in connection with any such designation or assignment. 
  

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 (b) If any Lender requests compensation under Section 2.15, or if the Borrower is required to
pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, or if any Lender defaults in its obligation to fund Loans hereunder, then the Borrower 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 Section 9.04), all its interests, rights
and obligations under this Agreement to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that (i) the Borrower shall have received the prior written
consent of the Administrative Agent (and if a Commitment is being assigned, the Issuing Bank), which consent shall not unreasonably be withheld, (ii) such Lender shall have received payment of an amount equal to the outstanding principal of its
Loans and participations in LC Disbursements and Swingline Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder, from the assignee (to the extent of such outstanding principal and accrued interest and fees) or
the Borrower (in the case of all other amounts) and (iii) in the case of any such assignment resulting from a claim for compensation under Section 2.15 or payments required to be made pursuant to Section 2.17, such
assignment will result in a reduction in such compensation or payments. A Lender shall not be required to make any such assignment and delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the
Borrower to require such assignment and delegation cease to apply. 
 ARTICLE III 
 REPRESENTATIONS AND WARRANTIES 
 The
Borrower represents and warrants to the Administrative Agent and the Lenders that: 
 SECTION 3.01. Existence, Qualification and Power;
Compliance with Laws. Set forth in Part (c) of Schedule 3.13 hereto is a complete and accurate list as of the date hereof of all Loan Parties, showing as of the date hereof (as to each Loan Party) the jurisdiction of its
incorporation, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any Guarantor that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the
jurisdiction of its incorporation (if any). The copy of the Organization Documents of each Loan Party and each amendment thereto provided pursuant to Section 4.01(a)(v)(B) is a true and correct copy of each such document as in effect on
the date hereof, each of which is valid and in full force and effect. Each Loan Party and each of its Subsidiaries (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 consummate the Transaction, (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, and (d) is in compliance with all Laws; except in each case referred to in (A) clause (a), in respect of any Inactive Subsidiary, and (B) clause (b)(i),
(c) or (d), to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect. 
  

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 SECTION 3.02. Authorization; No Contravention. The execution, delivery and performance by each
Loan Party of each Loan Document to which such Person is or is to be a party have been duly authorized by all necessary corporate or other organizational action, and do not and will not (a) contravene the terms of any of such Person’s
Organization Documents; (b) conflict with or result in any breach or contravention of, or the creation of any Lien under, 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 any material Law in any material respect. Each Loan Party and each Subsidiary thereof is in compliance with all Contractual Obligations referred to in clause (b)(i), except to the extent that failure to do so could not
reasonably be expected to have a Material Adverse Effect. 
 SECTION 3.03. Governmental Authorization; Other Consents. Other than as
set forth in Schedule 3.03, no approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority or any other Person which has not already been obtained is necessary or required in
connection with (a) the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document, or for the consummation of the Transaction, (b) the grant by any Loan Party of the Liens
granted by it pursuant to the Collateral Documents or (c) the perfection or maintenance of the Liens created under the Collateral Documents, including the first priority nature thereof (excluding any as may be required pursuant to the
applicable foreign laws of foreign jurisdictions in which any Collateral may be situated other than in Key Foreign Operating Jurisdictions and Key Foreign Pledge Jurisdictions and subject to the last paragraph of Section 6 of the Security
Agreement). All applicable waiting periods in connection with the Transaction have expired without any action having been taken by any Governmental Authority restraining, preventing or imposing materially adverse conditions upon the Transaction or
the rights of the Loan Parties or their Subsidiaries freely to transfer or otherwise dispose of, or to create any Lien on, any properties now owned or hereafter acquired by any of them. 
 SECTION 3.04. Binding Effect. This Agreement has been, and each other Loan Document, when delivered hereunder, will have been, duly executed and
delivered by each Loan Party that is party thereto. This Agreement constitutes, and each other Loan Document when so delivered will constitute, a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is
party thereto in accordance with its terms except as such enforceability may be limited by (a) applicable bankruptcy, insolvency, examinership, court protection, reorganization, moratorium or similar laws affecting the enforceability of
creditors’ rights generally and (b) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). 
 SECTION 3.05. 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 the financial condition of the Borrower and its Subsidiaries, as of the date thereof and their results of operations for the period covered thereby in accordance with
GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material indebtedness and other liabilities, direct or contingent, of the Borrower and its Subsidiaries, as of the
date thereof, including liabilities for taxes, material commitments and Indebtedness. 
  

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 (b) The unaudited consolidated balance sheet of the Borrower and its Subsidiaries dated June 30,
2007 and the related consolidated statements of income or operations, shareholders’ equity and cash flows for the fiscal quarter ended on that date (i) were prepared in accordance with GAAP consistently applied throughout the period
covered thereby, except as otherwise expressly noted therein, and (ii) fairly present in all material respects the financial condition of the Borrower 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 adjustments. Schedule 3.05 sets forth all material indebtedness and other liabilities, direct or contingent,
of the Borrower and its consolidated Subsidiaries as of the date hereof that are not specified in such financial statements, including liabilities for taxes, material commitments and Indebtedness. 
 (c) 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
could reasonably be expected to have a Material Adverse Effect. Since the date of the Audited Financial Statements, no Internal Control Event has occurred. 
 (d) The consolidated forecasted balance sheet, statements of income and cash flows of the Borrower and its Subsidiaries delivered pursuant to Section 4.01 or 5.01(c) were prepared in good faith on
the basis of the assumptions stated therein, which assumptions the Borrower believed to be fair and reasonable in light of the conditions existing at the time of delivery of such forecasts, and represented, at the time of delivery, the
Borrower’s best estimate of its future financial performance (it being understood that actual financial performance may vary from such forecasts). 
 SECTION 3.06. Litigation. There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of the Borrower or the Business after due and diligent investigation, threatened in writing at
law, in equity, in arbitration or before any Governmental Authority, by or against the Borrower or any of its Subsidiaries or the Business or against any of their properties or revenues that (a) as of the Effective Date, purport to affect or
pertain to the consummation of the Transaction, (b) purport to affect or pertain to this Agreement or any material Loan Document, or (c) either individually or in the aggregate, could reasonably be expected to have a Material Adverse
Effect. 
 SECTION 3.07. No Default. Neither the Borrower nor any Subsidiary is in default under, or with respect to, any Contractual
Obligation that could, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this
Agreement or any other Loan Document. 
 SECTION 3.08. Ownership of Property; Liens; Investments. (a) Each Loan Party and each of
its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property used in the ordinary conduct of its business that have an individual fair market value in excess of $2,500,000, except for
such defects in title or interests 

  

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as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Schedule 3.08(a) sets forth as of the date
hereof a complete and accurate list of all Liens on the property or assets of each Loan Party and each of its Subsidiaries, showing as of the date hereof the lienholder thereof (after giving effect to the release of Liens existing in connection with
the Existing Credit Agreement), the principal amount of the obligations secured thereby and the property or assets of such Loan Party or such Subsidiary subject thereto. The property of each Loan Party and each of its Subsidiaries is subject to no
Liens, other than Liens set forth on Schedule 3.08(a), and as otherwise permitted by Section 6.01 and after giving effect to the release of Liens existing in connection with the Existing Credit Agreement. 
 (b) Schedule 3.08(b) sets forth a complete and accurate list of all real property owned by each Loan Party with an individual fair market value in
excess of $2,500,000, showing as of the date hereof, where applicable, the street address, county or other relevant jurisdiction, state, record owner and book and fair value thereof. Each Loan Party and each of its Subsidiaries has good, marketable
and insurable fee simple title to the real property owned by such Loan Party or such Subsidiary, free and clear of all Liens, other than Liens created or permitted by the Loan Documents. 
 (c) Schedule 3.08(c) sets forth a complete and accurate list of all leases of real property under which any Loan Party or any Subsidiary of a Loan
Party is the lessee which have a remaining term (disregarding any option on the part of the tenant to renew) of three years or more and under which the annual rent is $2,500,000 or more, showing as of the date hereof the street address, county or
other relevant jurisdiction, state, lessor, lessee, expiration date and annual rental cost thereof. Each such lease is the legal, valid and binding obligation of the lessor thereof, enforceable in accordance with its terms, except insofar as would
not result in a Material Adverse Effect. 
 (d) Schedule 3.08(d) sets forth a complete and accurate list of all Investments held by
any Loan Party or any Subsidiary of a Loan Party on the date hereof (other than Investments in the Borrower, wholly owned Subsidiaries of the Borrower and Qualified Non-Wholly Owned Subsidiaries of the Borrower and Investments in Cash Equivalents
permitted by Section 6.03(a)), showing as of the date hereof the amount, obligor or issuer and maturity, if any, thereof. 
 SECTION 3.09. Environmental Compliance. Except where the Borrower or its Subsidiaries would have an indemnity claim against Kraft Foods, Inc. with respect thereto or where the failure or related circumstance described below otherwise
could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect: 
 (a) Each of the Real Properties and
all operations at the Real Properties are and, for the past 3 years, have been in compliance with all applicable Environmental Laws and permits, there is no violation of any Environmental Law or permit with respect to the Real Properties or the
businesses of the Borrower and its Subsidiaries, and there are no conditions relating to the Real Properties or the Businesses that could give rise to liability under any applicable Environmental Laws. 
  

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 (b) None of the Real Properties contains, or to the Borrower’s knowledge has previously contained,
any Hazardous Materials at, on or under the Real Properties in amounts or concentrations that constitute or constituted a violation of, or could give rise to liability under, Environmental Laws and none of the properties currently or formerly owned
or operated by the Loan Party or any of its Subsidiaries is listed or proposed for listing on the NPL. 
 (c) Neither any Loan Party nor any
of its Subsidiaries is undertaking, and has not completed, either individually or together with other potentially responsible parties, any investigation or assessment or remedial or response action relating to any actual or threatened release,
discharge or disposal of Hazardous Materials at any site, location or operation, either voluntarily or pursuant to the order of any Governmental Authority or the requirements of any Environmental Law. Neither the Borrower 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 Real Properties or the Businesses, nor does any Responsible Officer of the Borrower 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 Real Properties, or generated, treated, stored or disposed of at, on or under
any of the Real Properties or any other location, in violation of, or in a manner that could give rise to liability under, any applicable Environmental Law. 
 (e) No judicial proceeding or governmental or administrative action is pending or, to the best knowledge of the Responsible Officers of the Borrower, threatened, under any Environmental Law to which the Borrower 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 the Borrower or any Subsidiary, the Real Properties, or the businesses of the Borrower and its Subsidiaries. 
 (f) There has been
no release or threat of release of Hazardous Materials at or from the Real Properties, or arising from or related to the operations (including, without limitation, disposal) of the Borrower or any Subsidiary in connection with the Real Properties or
otherwise in connection with the businesses of the Borrower and its Subsidiaries, in violation of or in amounts or in a manner that could give rise to liability under Environmental Laws. 
 SECTION 3.10. Insurance. The properties of the Borrower and its Subsidiaries are insured with insurance companies the Loan Parties reasonably
believe to be financially sound and reputable, in such amounts (after giving effect to self-insurance compatible with the following standards), with such deductibles and covering such risks as are customarily carried by companies engaged in similar
businesses and owning similar properties in localities where the Borrower or the applicable Subsidiary operates. 
 SECTION 3.11.
Taxes. The Borrower and its Subsidiaries have filed all Federal, state and other material tax returns and reports required to be filed, and have paid all Federal, state and other material taxes, assessments, fees and other governmental
charges levied or 

  

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imposed upon them or their properties, income or assets otherwise due and payable, except (a) 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 or (b) to the extent that the failure to make any such filings and payments, either individually or in the aggregate, could
not reasonably be expected to have a Material Adverse Effect. There is no proposed tax assessment against the Borrower or any Subsidiary that could be reasonably expected to have a Material Adverse Effect. Neither any Loan Party nor any of its
Subsidiaries is party to any tax sharing agreement except as set forth on Schedule 3.11 hereto. 
 SECTION 3.12. ERISA
Compliance. (a) Except as could not reasonably be expected to have a Material Adverse Effect, each Plan is in compliance with the applicable provisions of ERISA, the Code and other Federal or state Laws. Each Plan that is intended to
qualify under Section 401(a) of the Code has received a favorable determination letter from the IRS or an application for such a letter is currently being processed by the IRS with respect thereto and, to the best knowledge of the Borrower,
nothing has occurred which would prevent, or cause the loss of, such qualification. The Borrower and each ERISA Affiliate have made all required contributions to each Plan subject to Section 412 of the Code, and no application for a funding
waiver or an extension of any amortization period pursuant to Section 412 of the Code has been made with respect to any Plan. 
 (b)
There are no pending or, to the best knowledge of the Borrower, threatened claims, actions or lawsuits, or action by any Governmental Authority, with respect to any Plan that could 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 could reasonably be expected to result in a Material Adverse Effect. 
 (c)(i) No ERISA Event has occurred or reasonably is expected to occur; (ii) no Pension Plan has any Unfunded Pension Liability in excess of
$40,000,000; (iii) neither the Borrower nor any ERISA Affiliate has incurred, or reasonably expects to incur, any liability under Title IV of ERISA with respect to any Pension Plan (other than premiums due and not delinquent under
Section 4007 of ERISA); (iv) neither the Borrower nor any ERISA Affiliate has incurred, or reasonably expects to incur, any liability (and no event has occurred which, with the giving of notice under Section 4219 of ERISA, would
result in such liability) under Sections 4201 or 4243 of ERISA with respect to a Multiemployer Plan; and (v) neither the Borrower nor any ERISA Affiliate has engaged in a transaction that could reasonably be expected to be subject to Sections
4069 or 4212(c) of ERISA, except for an event described in clause (i), (iii) or (iv) of this Section 3.12(c), which individually, or in the aggregate with all other such events, could not reasonably be
expected to have a Material Adverse Effect. 
 (d) Except where such event individually, or in the aggregate with all other events in this
Section 3.12(d), could not reasonably be expected to have a Material Adverse Effect, with respect to each scheme or arrangement mandated by a government other than the United States (a “Foreign Government Scheme or
Arrangement”) and with respect to each employee benefit plan maintained or contributed to by any Loan Party or any Subsidiary of any Loan Party that is not subject to United States law (a “Foreign Plan”): 
 (i) any employer and employee contributions required by law or by the terms of any Foreign Government Scheme or Arrangement or any Foreign
Plan have been made, or, if applicable, accrued, in accordance with normal accounting practices; 
  

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 (ii) the fair market value of the assets of each funded Foreign Plan, the liability of
each insurer for any Foreign Plan funded through insurance or the book reserve established for any Foreign Plan, together with any accrued contributions, is sufficient to procure or provide for the accrued benefit obligations, with respect to all
current and former participants in such Foreign Plan according to the actuarial assumptions and valuations most recently used to account for such obligations in accordance with applicable generally accepted accounting principles; and 
 (iii) each Foreign Plan required to be registered has been registered and has been maintained in good standing with applicable regulatory
authorities. 
 SECTION 3.13. Subsidiaries; Equity Interests; Loan Parties. Each Loan Party has no Subsidiaries other than those
specifically disclosed in Part (a) of Schedule 3.13, and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are in the amounts specified on Part (a) of
Schedule 3.13 free and clear of all Liens except those created under the Collateral Documents and those permitted by Section 6.01 or the Collateral Documents. Each Loan Party has no equity Investments in any other corporation or
entity other than those specifically disclosed in Part (b) of Schedule 3.13. Set forth on Part (c) of Schedule 3.13 is a complete and accurate list of all Loan Parties, showing (as to each Loan Party) the jurisdiction of its
incorporation, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any non-U.S. Guarantor that does not have a U.S. taxpayer identification number, its unique identification number issued to
it by the jurisdiction of its incorporation (if any). 
 SECTION 3.14. Margin Regulations; Investment Company Act. (a) The
Borrower is not engaged and 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). No proceeds of any Borrowings or drawings
under any Letter of Credit will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock other than common stock of the Borrower to the extent permitted under
Section 6.06(c), (d), (g) and (h). 
 (b) None of the Borrower, any Person Controlling the Borrower, or
any Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940. 
 SECTION
3.15. Disclosure. The Borrower has disclosed to the Administrative Agent and the Lenders all agreements, instruments and corporate or other restrictions to which it or any of its Subsidiaries or any other Loan Party is subject, and all other
matters known to it, that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. No report, financial statement, certificate or other information furnished 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 

  

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or under any other Loan Document (in each case as modified or supplemented by other information so furnished), taken as a whole, contains any material
misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not materially misleading; provided that, with respect to projected and pro forma
financial information, the Borrower represents only that such information was prepared in good faith based upon assumptions believed to be reasonable at the time such projected and pro forma financial information was prepared, it being recognized by
the Administrative Agent and the Lenders that such financial information as it relates to future events is not to be viewed as fact and that actual results during the period or periods covered by such financial information may differ from the
projected results set forth therein by a material amount. 
 SECTION 3.16. Compliance with Laws. Each Loan Party and each of its
Subsidiaries is in compliance in all material respects 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, either individually or in the aggregate, could not reasonably be expected to have a
Material Adverse Effect. 
 SECTION 3.17. Intellectual Property; Licenses, Etc. Each Loan Party and each of its Subsidiaries owns, or
possesses the right to use, all of the trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, licenses and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for
the operation of their respective businesses, except for IP Rights (other than the Significant Marks) that are not material to the conduct of the business of the Borrower and its Subsidiaries, taken as a whole. Each of Dart and BCICIS is the owner
of all right, title and interest in and to the Significant Marks owned by it, no Liens exist on the Significant Marks other than Liens created under the Loan Documents and no other parties have any right, title and interest in and to the Significant
Marks other than non-exclusive licensing and rights arrangements with the Borrower and its Subsidiaries. No slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be
employed, by any Loan Party or any of its Subsidiaries infringes upon any proprietary rights held by any other Person and no claim or litigation regarding any of the foregoing is pending or threatened in writing, in any of the foregoing cases,
which, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 
 SECTION 3.18.
Solvency. Before and after the execution and delivery of the Loan Documents and the consummation of the transactions contemplated thereby, (a) each of the Borrower, Dart and BCICIS is and will be Solvent, (b) after excluding all
Indebtedness owed to Loan Parties, each of Tupperware International Holdings Corporation, Premiere Products, Mexico S. de R.L. and Fuller Mexicana Holdings S. de R.L. de C.V. is and will be Solvent, and (c) the Borrower and its Subsidiaries, on
a consolidated basis, are and will be Solvent. 
 SECTION 3.19. Casualty, Etc. Neither the businesses nor the properties of any Loan
Party or any of its Subsidiaries are affected by any fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by
insurance) that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 
  

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 ARTICLE IV 
 CONDITIONS 
 SECTION 4.01. Effective Date. The obligations of the Lenders to make Loans and of
the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02): 
 (a) The Administrative Agent shall have received the following, each of which, to the extent applicable, shall be originals, telecopies or electronically
transmitted copies (each followed promptly by originals) unless otherwise specified, each, to the extent applicable, properly executed by a Responsible Officer of the signing Loan Party, each, to the extent applicable, dated the Effective Date (or,
in the case of certificates of governmental officials, a recent date before the Effective Date) and each in form and substance reasonably satisfactory to the Administrative Agent: 
 (i) executed counterparts of this Agreement and the Guaranty, sufficient in number for distribution to the Administrative Agent, each
Lender and the Borrower; 
 (ii) a promissory note executed by the Borrower in favor of each Lender requesting a note;

 (iii) a security agreement, in substantially the form of Exhibit D (together with each other security agreement and
security agreement supplement delivered pursuant to Section 5.12, in each case as amended, the “Security Agreement”), duly executed by each Loan Party (excluding certain Foreign Subsidiaries listed on Schedule 5.12 as
limited recourse Guarantors), together with: 
 (iv) to the extent (x) the applicable Equity Interests are certificated,
certificates representing the Pledged Equity referred to therein accompanied by undated stock powers executed in blank and to the extent such instruments exist, instruments evidencing the Pledged Debt indorsed in blank, and (y) such Equity
Interests are of Significant Foreign Subsidiaries, Local Law Collateral Documents with respect to the Pledged Equity in the applicable Key Foreign Pledge Jurisdiction; 
 (v)(x) proper financing statements in form appropriate for filing under the UCC of all jurisdictions that the Administrative Agent may
reasonably deem necessary in order to perfect the Liens created under the Security Agreement, covering the Collateral described in the Security Agreement, and (y) in the case of any Local Law Collateral Documents with respect to Equity
Interests of Significant Foreign Subsidiaries, evidence of the completion (or arrangements satisfactory to the Administrative Agent for the completion) of all actions, recordings and filings as may be necessary in order to perfect the Liens created
under such Local Law Collateral Documents in the applicable Key Foreign Pledge Jurisdiction, in each case unless the Administrative Agent shall have agreed to take delivery thereof at a later date, 
  

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 (vi) completed requests for information, dated on or before the date of the initial
Loans, listing all effective financing statements filed in the jurisdictions referred to in clause (B) above that name any Loan Party as debtor, together with copies of such other financing statements, 
 (vii) evidence of the completion (or the making of arrangements satisfactory to the Administrative Agent) of all other actions, recordings
and filings of or with respect to the Security Agreement and the Local Law Collateral Documents that the Administrative Agent may deem necessary or desirable in order to perfect the Liens created thereby, and 
 (viii) evidence that all other action that the Administrative Agent may reasonably deem necessary in order to perfect the Liens created
under the Security Agreement has been taken (including receipt of duly executed payoff letters and UCC-3 termination statements) or the making of arrangements satisfactory to the Administrative Agent for the taking of such action; 
 (ix) an intellectual property security agreement, in substantially the form of Exhibit A to the Security Agreement (together with each
other intellectual property security agreement and intellectual property security agreement supplement delivered pursuant to Section 5.12, in each case as amended, the “Intellectual Property Security Agreement”), duly executed
by each Loan Party, together with evidence that all action that the Administrative Agent may deem necessary or desirable in order to perfect the Liens created under the Intellectual Property Security Agreement has been taken (including, without
limitation, as to Significant Marks in Key Foreign Operating Jurisdictions); 
 (x)(A) 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 or is to be a party and (B) a copy of a Certificate of the Secretary of State of the jurisdiction of incorporation of
each Loan Party certifying (1) as to a true and correct copy of the charter of such Loan Party and each amendment thereto on file in such Secretary’s office and (2) that such amendments are the only amendments to such Loan
Party’s charter on file in such Secretary’s office; 
 (xi) such documents and certifications as the Administrative
Agent may reasonably require to evidence that each Loan Party is duly organized or formed, and that each Loan Party is validly existing, in good standing and qualified to engage in business in each jurisdiction where its ownership, lease or
operation of properties or the conduct of its business requires such qualification, except to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect; 
  

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 (xii) a favorable opinion of Sidley, Austin LLP, special counsel to the Loan Parties,
addressed to the Administrative Agent and each Lender, in form and substance satisfactory to the Administrative Agent; 
 (xiii) a favorable opinion of Morris, Nichols, Arsht & Tunnell, Delaware counsel to the Loan Parties, addressed to the Administrative Agent and each Lender, in form and substance satisfactory to the Administrative Agent;

 (xiv) a favorable opinion of the General Counsel to the Borrower, addressed to the Administrative Agent and each Lender, in
form and substance satisfactory to the Administrative Agent; 
 (xv) a certificate of a Responsible Officer of each Loan Party
either (A) attaching copies of all material consents, licenses and approvals required in connection with the execution, delivery and performance by such Loan Party and the validity against such Loan Party of the Loan Documents to which it is a
party, and such consents, licenses and approvals shall be in full force and effect, or (B) stating that no such consents, licenses or approvals are so required; 
 (xvi) a certificate signed by a Responsible Officer of the Borrower certifying (A) that the conditions specified in Sections
4.02(a) and (b) have been satisfied, and (B) that there has been no event or circumstance since the date of the Audited Financial Statements that has had or could be reasonably expected to have, either individually or in the
aggregate, a Material Adverse Effect; 
 (xvii) a certificate from the Chief Financial Officer of the Borrower attesting that,
both before and after the execution and delivery of the Loan Documents and the consummation of the transactions contemplated thereby, each of (A) the Borrower, Dart and BCICIS is and will be Solvent, (B) after excluding all Indebtedness
owed to Loan Parties, each of Tupperware International Holdings Corporation, Premiere Products, Mexico S. de R.L. and Fuller Mexicana Holdings S. de R.L. de C.V. is and will be Solvent, and (C) the Borrower and its Subsidiaries, on a
consolidated basis, are and will be Solvent; 
 (xviii) evidence that all insurance required to be maintained pursuant to the
Loan Documents has been obtained and is in effect, together with the certificates of insurance, naming the Administrative Agent, on behalf of the Lenders, as an additional insured or loss payee, as the case may be, under all insurance policies
maintained with respect to the assets and properties of the Loan Parties that constitutes Collateral; 
 (b) All fees required to be paid to
the Administrative Agent and the Lenders on or before the Effective Date shall have been paid. 
 (c) Unless waived by the Administrative
Agent solely in respect of this Section 4.01(a), the Borrower shall have paid all reasonable fees, charges and disbursements of counsel to the Administrative Agent to the extent invoiced prior to or on the Effective Date, plus such
additional amounts of such reasonable 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 Borrower and the Administrative Agent). 
  

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 (d) All governmental, shareholder and third party consents and approvals necessary in connection with the
Transaction shall have been obtained and shall be in full force and effect, and no law or regulation shall be applicable that would restrain, prevent or impose any material adverse conditions on the Transaction. 
 (e) The Lenders shall have received the following, in form and substance reasonably satisfactory to the Administrative Agent: (i) audited
consolidated financial statements of the Borrower and its Subsidiaries for the two most recent fiscal years ended prior to the Effective Date, (ii) unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for
each quarterly period ended subsequent to the date of the latest financial statements delivered pursuant to clause (i) and (iii) forecasts prepared by management of the Borrower, of consolidated balance sheets and statements of
income or operations and cash flow statements of the Borrower and its Subsidiaries on a quarterly basis for the year following the Effective Date and on an annual basis for each year thereafter until the Term Maturity Date. 
 (f) The credit facilities contemplated herein shall have received a debt rating from S&P of at least BBB-. 
 (g) There shall not have occurred a Material Adverse Effect since December 30, 2006. 
 (h) All obligations under the Existing Credit Agreement shall have been (or shall substantially contemporaneously be) repaid in full and the Existing
Credit Agreement and all related Liens shall have been terminated (or the Administrative Agent shall have received documentation and assurances satisfactory to it that such repayments and terminations are imminent) and the Administrative Agent shall
have received a related payoff letter in form and substance acceptable to it. 
 The Administrative Agent shall notify the Borrower and the
Lenders of the Effective Date, and such notice shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective
unless each of the foregoing conditions is satisfied (or waived pursuant to Section 9.02) at or prior to 3:00 p.m., New York City time, on October 31, 2007 (and, in the event such conditions are not so satisfied or waived, the
Commitments shall terminate at such time). 
 SECTION 4.02. Each Credit Event. The obligation of each Lender to make a Loan on the
occasion of any Borrowing, and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit, is subject to the satisfaction of the following conditions: 
 (a) The representations and warranties of the Borrower and each other Loan Party contained in Article V, in each other Loan Document, and in any document furnished in connection with such Borrowing or Letter of
Credit issuance, amendment, renewal or extension shall be true and correct in all material respects (other than in respect of representations and warranties that are subject to a Material Adverse Effect qualifier, in which case such 

  

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representations and warranties will be true and correct) on and as of the date of such Borrowing or Letter of Credit issuance, amendment, renewal or
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 (other than in respect of representations and warranties that are
subject to a Material Adverse Effect qualifier, in which case such representations and warranties will be true and correct) as of such earlier date, and except that for purposes of this Section 4.02, the representations and warranties
contained in Sections 3.05(a)(i) and (ii) and the first sentence of 3.05(b) shall be deemed to refer to the most recent statements furnished pursuant to Sections 5.01(a) and (b), respectively. 
 (b) At the time of and immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of Credit, as
applicable, no Default shall have occurred and be continuing. 
 Each Borrowing and each issuance, amendment, renewal or extension of a
Letter of Credit shall be deemed to constitute a representation and warranty by the Borrower on the date thereof as to the matters specified in paragraphs (a) and (b) of this Section. 
 ARTICLE V 
 AFFIRMATIVE COVENANTS

 So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder (other than contingent
indemnification obligations) shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Borrower shall, and shall (except in the case of the covenants set forth in Sections 5.01, 5.02, 5.03 and
5.11) cause each Subsidiary to: 
 SECTION 5.01. Financial Statements. Deliver to the Administrative Agent and each Lender, in
form and detail reasonably satisfactory to the Administrative Agent and the Required Lenders: 
 (a) as soon as available, but in any event
within 90 days after the end of each fiscal year of the Borrower (or, if earlier, 15 days after the date required to be filed with the SEC, without giving effect to any extension), a consolidated balance sheet of the Borrower and its Subsidiaries as
at the end of such fiscal year, and the related consolidated statements of income or operations, 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 (i) a report and opinion of a Registered Public Accounting Firm of nationally recognized standing to which the Required
Lenders have not reasonably objected, which report and opinion shall be prepared in accordance with generally accepted auditing standards and (ii) an attestation report of such Registered Public Accounting Firm as to the Borrower’s
internal controls to the extent required pursuant to Section 404 of Sarbanes-Oxley, in each case expressing a conclusion to which the Required Lenders have not reasonably objected; 
  

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 (b) as soon as available, but in any event within 45 days after the end of each of the first three fiscal
quarters of each fiscal year of the Borrower (or, if earlier, 5 days after the date required to be filed with the SEC, without giving effect to any extension), a consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such
fiscal quarter, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal quarter and for the portion of the Borrower’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, certified by the chief executive officer, chief financial officer,
controller or the treasurer of the Borrower as fairly presenting the financial condition, results of operations, shareholders’ equity and cash flows of the Borrower and its Subsidiaries in accordance with GAAP, subject only to normal year-end
adjustments and the absence of footnotes; 
 (c) as soon as available, but in any event within 90 days after the end of each fiscal year of
the Borrower, forecasts prepared by management of the Borrower, in form reasonably satisfactory to the Administrative Agent and the Required Lenders, of consolidated balance sheets and statements of income or operations and cash flow statements of
the Borrower and its Subsidiaries on a quarterly basis for the fiscal year following such fiscal year and on an annual basis for the next three fiscal years. 
 As to any information contained in materials furnished pursuant to Section 5.02(d), the Borrower shall not be separately required to furnish such information under Section 5.01(a) or (b) above, but the
foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 5.01(a) and (b) above at the times specified therein. 
 SECTION 5.02. Certificates; Other Information. Deliver to the Administrative Agent and each Lender: 
 (a) concurrently with the delivery of the financial statements referred to in Section 5.01(a), a certificate of its independent certified
public accountants, in form and detail reasonably satisfactory to the Administrative Agent and the Required Lenders, 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) within ten days of the earlier of (i) filing the financial statements referred to in Sections 5.01(a) and (b) with the SEC, and (ii) delivery of such financial statements to the Lenders, a duly completed
Compliance Certificate, in form and detail reasonably satisfactory to the Administrative Agent, signed by a Responsible Officer of the Borrower; 
 (c) promptly after any request by the Administrative Agent or any Lender, copies of any detailed audit reports, management letters and, to the extent permitted by the independent accountants, recommendations submitted to the board of
directors (or the audit committee of the board of directors) of any Loan Party by independent accountants in connection with the accounts or books of any Loan Party or any of its Subsidiaries, or any audit of any of them; 
  

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 (d) promptly after the same are available, copies of each annual report, proxy or financial statement or
other report or communication sent to the stockholders of the Borrower, and copies of all annual, regular, periodic and special reports and registration statements which the Borrower may file or be required to file with the SEC under Section 13
or 15(d) of the Securities Exchange Act of 1934, or with any national securities exchange, and in any case not otherwise required to be delivered to the Administrative Agent pursuant hereto; 
 (e) promptly after the furnishing thereof, copies of any statement or report furnished to any holder of securities constituting a Permitted Financing and
not otherwise required to be furnished to the Lenders pursuant to any other clause of this Section 5.02; 
 (f) as soon as
available and in any event within 45 days after the end of each fiscal year, a report, in form and detail reasonably satisfactory to the Administrative Agent, summarizing the insurance coverage (specifying type, amount and carrier) in effect for
each Loan Party and its Subsidiaries and containing such additional information with respect to insurance coverage as the Administrative Agent, or any Lender through the Administrative Agent, may reasonably specify; 
 (g) promptly and in any event within five Business Days after receipt thereof by any Loan Party or any of its Subsidiaries, copies of each notice or
other correspondence received from the SEC (or comparable agency in any Key Foreign Operating Jurisdiction) concerning any formal investigation or formal inquiry by such agency regarding financial or other operational results of any Loan Party or
any of its Subsidiaries (other than routine comment letters and related inquiries received from the SEC (or such comparable agency) in the ordinary course of its reviews of such Loan Party or Subsidiary); 
 (h) promptly upon receipt thereof, copies of all notices as to material matters, requests for any material information and any material documents
(i) delivered by any Loan Party or any of its Subsidiaries under or pursuant to any Permitted Financing, and (ii) from time to time upon request by the Administrative Agent, such information and reports regarding such Permitted Financing
as the Administrative Agent may reasonably request; 
 (i) promptly after the assertion or occurrence thereof, notice of any Environmental
Action against or of any noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that could reasonably be expected to have a Material Adverse Effect; 
 (j) (i) concurrently with the delivery of the Compliance Certificate corresponding to the financial statements delivered pursuant to
Section 5.01(a), a report supplementing Schedules 3.08(c), 3.08(d), 3.08(e), 3.11 and 3.13, including an identification of all owned and leased real property disposed of by any Loan Party or any of its
Subsidiaries during such fiscal year (to the extent any such properties were, or would have been, required to be listed on such Schedules), a list and description (including the street address, county or other relevant jurisdiction, state, record
owner, book value thereof and, in the case of leases of property under which Borrower or any Subsidiary is lessor, the lessee, expiration date and annual rental cost thereof) of all material owned real property acquired or leased during such fiscal
year and a description of such other material changes in the information included in such Schedules as 

  

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may be necessary for such Schedules to be accurate and complete in all material respects; and (ii) concurrently with the delivery of the Compliance
Certificate corresponding to the financial statements delivered pursuant to Sections 5.01(a) and 5.01(b), and from time to time between such deliveries in the event of any material changes of the information set forth in
Schedule 6.02(m), a report updating Schedule 6.02(m), including identification of all of lines of credit, the applicable borrower or beneficiary thereof, the maximum permitted amount thereunder (including the respective amounts
thereof that are committed and uncommitted), the bank or financial institution providing such line of credit (including identification of those that are Secured Foreign Credit Lines), the expiration or termination date thereof, whether such line of
credit is secured (and if so, a description of the applicable collateral), the aggregate potential amount of all lines of credit that are secured, and a description of such other material information as may be necessary for such Schedule to be
accurate and complete in all material respects; and 
 (k) promptly, such additional information as the Administrative Agent or any Lender
may from time to time reasonably request. 
 Documents required to be delivered pursuant to Section 5.01 or
Section 5.02 may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date on which such documents are posted by the Borrower, or are posted on the 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 Borrower shall deliver paper
copies of such documents to the Administrative Agent or any Lender that requests the Borrower to deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the
Borrower shall notify the Administrative Agent and each Lender (by telecopier or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such
documents. Notwithstanding anything contained herein, in every instance the Borrower shall be required to provide paper copies of the Compliance Certificates required by Section 5.02(b) to the Administrative Agent. Except for such
Compliance Certificates, the Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any
such request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 
 SECTION 5.03. Notices. Promptly notify the Administrative Agent and each Lender: 
 (a) of the occurrence of any Default;

 (b) of any matter that has resulted or could reasonably be expected to result in a Material Adverse Effect, including (i) breach or
non-performance of, or any default under, a Contractual Obligation of any Loan Party or any Subsidiary thereof; (ii) any dispute, litigation, investigation, proceeding or suspension between any Loan Party or any Subsidiary thereof and any
Governmental Authority; or (iii) the commencement of, or any material development in, any litigation or proceeding affecting any Loan Party or any Subsidiary thereof, including pursuant to any applicable Environmental Laws; 
  

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 (c) of the occurrence of any ERISA Event; 
 (d) of any material change in accounting policies or financial reporting practices by any Loan Party or any Material Subsidiary thereof; and 

(e) of the (A) occurrence of any Disposition of property or assets for which the Borrower is required to make a mandatory prepayment pursuant to
Section 2.11(c)(ii), (B) occurrence of any sale of capital stock or other Equity Interests for which the Borrower is required to make a mandatory prepayment pursuant to Section 2.11(c)(iii), (C) incurrence or
issuance of any Indebtedness for which the Borrower is required to make a mandatory prepayment pursuant to Section 2.11(c)(iv) and (D) receipt of any Extraordinary Receipt for which the Borrower is required to make a mandatory
prepayment pursuant to Section 2.11(c)(v). 
 Each notice pursuant to Section 5.03(a), (b), (c) or
(d) shall be accompanied by a statement of a Responsible Officer of the Borrower setting forth details of the occurrence referred to therein and stating what action the Borrower or relevant Subsidiary has taken and proposes to take with
respect thereto. Each notice pursuant to Section 5.03(a) shall describe with particularity any and all provisions of this Agreement and any other Loan Document that have been breached (if any). 
 SECTION 5.04. Payment of Obligations. Pay and discharge as the same shall become due and payable, all its obligations and liabilities, including
(a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets unless (i) the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in
accordance with GAAP are being maintained by the Borrower or such Subsidiary or (ii) the failure to pay and discharge such tax liabilities, assessments and governmental charges or levies could not, individually or in the aggregate, reasonably
be expected to have a Material Adverse Effect; (b) all lawful claims which, if unpaid, would by law become a Lien upon its property not permitted hereunder unless such claims are being contested in good faith by appropriate proceedings
diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Borrower or such Subsidiary; and (c) all Indebtedness, as and when due and payable, but subject to any subordination provisions contained in any
instrument or agreement evidencing such Indebtedness except to the extent that a default with respect to such Indebtedness would not result in a Default or Event of Default. 
 SECTION 5.05. Preservation of Existence, Etc. 
 (a) Preserve, renew and maintain in full force and effect its legal existence and good standing under the Laws of the jurisdiction of its organization except in a transaction permitted by Section 6.04 or 6.05, except with
respect to Inactive Subsidiaries where failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; (b) 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 failure to do so could not reasonably be expected to have a Material Adverse Effect; and (c) preserve or renew all of its registered patents,
trademarks, trade names and service marks, the non-preservation of which could reasonably be expected to have a Material Adverse Effect. 
  

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 SECTION 5.06. Maintenance of Properties. 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 excepted; provided that nothing in this Section 5.06 shall prevent the Borrower or any Subsidiary from
discontinuing the operation and maintenance of any of its properties if such discontinuance is, in the reasonable commercial judgment of the Borrower, desirable in the conduct of its business and could not, individually or in the aggregate, have a
Material Adverse Effect. 
 SECTION 5.07. Maintenance of Insurance. Maintain with financially sound and reputable insurance companies
not Affiliates of the 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 (after giving
effect to self insurance compatible with the following standards) and with such deductibles as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative
Agent of termination, lapse or cancellation of such insurance. 
 SECTION 5.08. Compliance with Laws. Comply in all material respects
with the requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or to its business or property, except 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, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. 
 SECTION 5.09. Books and Records. Maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP
consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower or such Subsidiary, as the case may be; provided, that such books of record and account, and entries therein in, of
Foreign Subsidiaries shall conform with the generally accepted (or customary) financial practices and statutory requirements of its jurisdiction. 
 SECTION 5.10. Inspection Rights. Permit representatives and independent contractors of each Agent and each Lender to visit and inspect any of its properties, to examine its corporate, financial and operating records, and make
abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, all at the expense of the Borrower (unless a Default is then continuing, to the extent such expenses are
out-of-pocket and reasonable) and at such reasonable times during normal business hours and as often as may be reasonably desired, but not more than 2 times in any calendar year unless a Default shall have occurred and be continuing, upon reasonable
advance notice to the Borrower. 
 SECTION 5.11. Use of Proceeds. Use the proceeds of the Term Loans and the Revolving Loans, as
follows: 
 (a) to refinance, as of the Effective Date, the Existing Credit Agreement, 
 (b) to pay fees and expenses incurred in connection with the Transaction, 
 (c) for general corporate purposes, and 
  

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 (d) in addition, in the case of the Revolving Loans, to finance acquisitions and stock repurchases
permitted by this Agreement. 
 SECTION 5.12. Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or
acquisition of any new direct or indirect Subsidiaries by any Loan Party, then the Borrower shall, at the Borrower’s expense: 
 (i) within 30 days after such formation or acquisition, cause such Subsidiary, and cause each direct and indirect parent of such Subsidiary (if it has not already done so), to duly execute and deliver to the Administrative Agent a guaranty
or guaranty supplement, in form and substance reasonably satisfactory to the Administrative Agent, guaranteeing the other Loan Parties’ obligations under the Loan Documents; provided, however, that if for any new direct or
indirect Foreign Subsidiary or parent that is a Foreign Subsidiary, as applicable, compliance with this Section 5.12(a)(i) would result in a Section 956 Deemed Dividend, the Borrower will not be required to comply with this
Section 5.12(a)(i) to the extent that doing so would result in such Section 956 Deemed Dividend, 
 (ii)
within 5 days after such formation or acquisition, furnish to the Administrative Agent a description of the personal properties of such Subsidiary, in reasonably sufficient detail to enable the Administrative Agent to take and perfect Liens thereon
to the extent required by this Agreement and the Collateral Documents, 
 (iii) within 30 days after such formation or
acquisition, cause such Subsidiary and each direct and indirect parent of such Subsidiary (if it has not already done so) except to the extent provided in clause (i) above to duly execute and deliver, to the Administrative Agent,
Security Agreement Supplements, IP Security Agreement Supplements and other security and pledge agreements, as specified by and in form and substance reasonably satisfactory to the Administrative Agent (including delivery of all Pledged Equity in
and of such Subsidiary, and other instruments of the type specified in Section 4.01(a)(iii)), securing payment of all the Obligations of such Subsidiary or such parent, as the case may be, under the Loan Documents and constituting Liens
on all such personal properties other than property as to which the granting of a Lien is otherwise excused by the terms of this Agreement or the Collateral Documents; provided, however, that if for any new direct or indirect Foreign
Subsidiary or parent thereof that is a Foreign Subsidiary, as applicable, compliance with this Section 5.12(a)(iii) would result in a Section 956 Deemed Dividend, the Borrower will not be required to comply with this
Section 5.12(a)(iii) to the extent that doing so would result in such Section 956 Deemed Dividend, 
 (iv)
within 30 days after such formation or acquisition, cause such Subsidiary and each direct and indirect parent of such Subsidiary (if it has not already done so) to take whatever action (including the filing of UCC financing statements, the giving of
notices and the endorsement of notices on title documents) may be necessary in the opinion of the Administrative Agent to vest in the Administrative Agent (or in any representative of the Administrative Agent designated by it) valid and subsisting
Liens on the properties purported to be subject to the Security Agreement Supplements, IP Security Agreement Supplements and security and pledge agreements delivered pursuant to this Section 5.12, enforceable against all third parties in
accordance with their terms, 
  

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 (v) within 30 days after such formation or acquisition, deliver to the Administrative
Agent, upon the request of the Administrative Agent in its reasonable discretion, a signed copy of a favorable opinion, addressed to the Administrative Agent and the other Secured Parties, of counsel for the Loan Parties reasonably acceptable to the
Administrative Agent as to the matters contained in clauses (i), (iii) and (iv) above, and as to such other matters as the Administrative Agent may reasonably request, 
 (b) Upon the acquisition of any property (other than Real Property) by any Loan Party, and such property, in the judgment of the Administrative Agent,
shall not already be subject to a perfected first priority security interest in favor of the Administrative Agent for the benefit of the Secured Parties, then, other than where compliance with this Section 5.12(b) would result in a
Section 956 Deemed Dividend, the Borrower shall, at the Borrower’s expense: 
 (i) within 15 days after such
acquisition, furnish to the Administrative Agent a description of the property so acquired in detail satisfactory to the Administrative Agent, 
 (ii) within 30 days after such acquisition, cause the applicable Loan Party to duly execute and deliver to the Administrative Agent Security Agreement Supplements, IP Security Agreement Supplements and other security
and pledge agreements, as specified by and in form and substance reasonably satisfactory to the Administrative Agent, securing payment of all the Obligations of the applicable Loan Party under the Loan Documents and constituting Liens on all such
properties, 
 (iii) within 30 days after such acquisition, cause the applicable Loan Party to take whatever action (including
the filing of UCC financing statements, the giving of notices and the endorsement of notices on title documents) may be necessary in the reasonable opinion of the Administrative Agent to vest in the Administrative Agent (or in any representative of
the Administrative Agent designated by it) valid and subsisting Liens on such property, enforceable against all third parties, and 
 (iv) within 30 days after such acquisition, deliver to the Administrative Agent, upon the request of the Administrative Agent in its reasonable discretion, a signed copy of a favorable opinion, addressed to the Administrative Agent and the
other Secured Parties, of counsel for the Loan Parties reasonably acceptable to the Administrative Agent as to the matters contained in clauses (ii) and (iii) above and as to such other matters as the Administrative Agent may
reasonably request. 
 (c) At any time any Foreign Subsidiary of the Borrower that is not a Guarantor has entered into a Guarantee of any
Funded Debt of any Loan Party with a principal amount in excess of the Threshold Amount, then the Borrower shall, at the Borrower’s expense: 
 (i) within 30 days after entering into such Guarantee, cause such Subsidiary (if it has not already done so), to duly execute and deliver to the Administrative Agent a guaranty, in form and substance reasonably
satisfactory to the Administrative Agent, guaranteeing the Loan Parties’ obligations under the Loan Documents, and 
  

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 (ii) within 30 days after entering into such Guarantee, deliver to the Administrative
Agent, upon the request of the Administrative Agent in its reasonable discretion, a signed copy of a favorable opinion, addressed to the Administrative Agent and the other Secured Parties, of counsel for the Loan Parties reasonably acceptable to the
Administrative Agent as to the matters contained in clause (i) above, and as to such other matters as the Administrative Agent may reasonably request. 
 (d) Notwithstanding anything provided in this Section 5.12, no Local Law Collateral Documents shall be required to be delivered in respect of the Equity Interests in any First-Tier Foreign Subsidiary for
so long as such First-Tier Foreign Subsidiary shall not be a Significant Foreign Subsidiary. Upon any First-Tier Foreign Subsidiary becoming a Significant Foreign Subsidiary, the Borrower shall deliver, or shall cause to be delivered, to the
Administrative Agent the Local Law Collateral Documents in respect of 66% of the Equity Interests in such First-Tier Foreign Subsidiary within 30 days after the date the determination is made that such First-Tier Foreign Subsidiary is a Significant
Foreign Subsidiary other than where compliance with this Section 5.12(d) would result in a Section 956 Deemed Dividend. 
 (e) Within 30 days (which may be extended in the reasonable discretion of the Administrative Agent by up to an additional 30 days) after delivery of any Compliance Certificate listing any Key Foreign Operating Jurisdiction with respect to
which Local Law Collateral Documents in respect of the Significant Marks have not been executed and delivered and all actions required to perfect the security interests in respect of the Significant Marks created pursuant to the Security Agreement
or any Local Law Collateral Documents taken, the Borrower and the applicable Loan Parties shall (i) execute and deliver Local Law Collateral Documents in respect of the Significant Marks, (ii) take all actions required to perfect the
security interests in respect of the Significant Marks created pursuant to the Security Agreement or any Local Law Collateral Documents and otherwise reasonably requested by the Administrative Agent pursuant to the Loan Documents, and
(iii) deliver to the Administrative Agent, upon the request of the Administrative Agent in its reasonable discretion, a signed copy of a favorable opinion, addressed to the Administrative Agent and the other Secured Parties, of counsel for the
Loan Parties in such Key Foreign Operating Jurisdiction reasonably acceptable to the Administrative Agent as to the matters contained in clauses (i) and (ii) above and as to such other matters as the Administrative Agent may
reasonably request. Notwithstanding anything provided in this Section 5.12, no Local Law Collateral Documents shall be required to be delivered in respect of any IP Rights registered in a jurisdiction outside of the United States, except
for Local Law Collateral Documents in respect of Significant Marks registered in Key Foreign Operating Jurisdictions. 
 (f) Notwithstanding
anything provided in this Section 5.12, the Administrative Agent shall not take or perfect a security interest in any property or assets if Administrative Agent shall determine, in its reasonable discretion, that the cost of obtaining or
perfecting such interest (including any stamp, intangibles or other tax) are excessive in relation to the benefit to the Secured Parties of the security afforded thereby. 
  

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 (g) At any time upon request of the Administrative Agent, promptly execute and deliver any and all
further instruments and documents and take all such other action as the Administrative Agent may reasonably deem necessary in obtaining the full benefits of, or in perfecting and preserving the Liens of, such guaranties, Security Agreement
Supplements, IP Security Agreement Supplements and other security and pledge agreements, in each case solely to the extent not inconsistent with the provisions of this Agreement or any other Loan Document. 
 SECTION 5.13. Compliance with Environmental Laws. Comply, and cause all lessees and other Persons operating or occupying its properties to comply,
in all material respects, with all applicable Environmental Laws and Environmental Permits; obtain and renew all Environmental Permits necessary for its operations and properties; and conduct any investigation, study, sampling and testing, and
undertake any cleanup, removal, remedial or other action necessary to remove and clean up all Hazardous Materials from any of its properties, in accordance with the requirements of all Environmental Laws; provided, however, that neither the Borrower
nor any of its Subsidiaries shall be required to undertake any such cleanup, removal, remedial or other action to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being
maintained with respect to such circumstances. 
 SECTION 5.14. Preparation of Environmental Reports. In the event that the
Administrative Agent or the Required Lenders has reason to believe that (a) there is an Environmental Liability affecting any Real Property that could reasonably be expected to have a Material Adverse Effect, (b) there is any Environmental
Action or any Environmental Liability that could reasonably be expected to cause any Real Property to be subject to any restrictions on ownership, occupancy, use or transferability under any Environmental Law, or (c) there is an Environmental
Liability that could reasonably be expected to result in a litigation or a proceeding affecting any Loan Party or Subsidiary that would involve amounts exceeding the Threshold Amount, then, at the request of the Administrative Agent or the Required
Lenders, provide to the Lenders within 90 days after such request or such longer period of time as may be reasonably necessary to conduct any assessment as is reasonably determined by the environmental consulting firm conducting such assessment, at
the expense of the Borrower, an environmental site assessment report for any of its properties described in such request, prepared by an environmental consulting firm reasonably acceptable to the Administrative Agent, indicating the presence or
absence of Hazardous Materials and the estimated cost of any compliance, removal or remedial action in connection with any Hazardous Materials on such properties. 
 SECTION 5.15. Further Assurances. Promptly upon request by the Administrative Agent, or any Lender through the Administrative Agent, do, execute, acknowledge, deliver, record, re-record, file, re-file, register
and re register any and all such further acts, deeds, certificates, assurances and other instruments as the Administrative Agent, may reasonably require from time to time in order to (a) to the fullest extent permitted by applicable law,
subject any Loan Party’s or any of its Subsidiaries’ properties, assets, rights or interests to the Liens now or hereafter intended to be covered by any of the Collateral Documents, (b) 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 (c) assure, convey, grant, assign, transfer, preserve, protect and confirm more effectively unto the Secured Parties the rights granted
or now or hereafter intended to be granted to the Secured Parties under 

  

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any Loan Document or under any other instrument executed in connection with any Loan Document to which any Loan Party or any of its Subsidiaries is or is to
be a party, and cause each of its Subsidiaries to do so. 
 SECTION 5.16. Interest Rate Hedging. Enter into no later than 90 days
after the Effective Date, and maintain at all times thereafter, interest rate Swap Contracts with Persons reasonably acceptable to the Administrative Agent and having terms and conditions reasonably satisfactory to the Administrative Agent, to the
extent necessary to provide that at least 40% of the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries on a consolidated basis is subject to either a fixed interest rate or interest rate protection for a period of
the lesser of three years and the remaining period of time to the Term Maturity Date. 
 SECTION 5.17. Compliance with Material
Contracts. Perform and observe all the terms and provisions of each Material Contract to be performed or observed by it, maintain each such Material Contract in full force and effect, enforce each such Material Contract in accordance with its
terms, except, in any case, where the failure to do so, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. 
 SECTION 5.18. Protected Subsidiaries and Financing Subsidiaries. (a) Maintain at all times Dart or BCICIS, as applicable, as the legal, beneficial and registered and record owner of all Significant Marks
owned by it as of the date hereof and one of the Protected Subsidiaries as the legal, beneficial and, as applicable, registered or record owner or licensee from a Person other than the Borrower or any Subsidiary of all Material Marks; provided, that
neither Dart nor BCICIS shall transfer or otherwise Dispose of any Significant Mark to any Person, except as permitted pursuant to Section 6.05(i) to Borrower and its Subsidiaries and (b) cause TICL or another Financing Subsidiary
identified to the Administrative Agent at all times (i) to continue to operate as a principal finance vehicle for the operations of the Borrower and its Subsidiaries located outside of the United States, (ii) to be a First Tier Foreign
Subsidiary, at least 66% of whose Equity Interests have been or shall be, concurrently with such subsidiary becoming a Financing Subsidiary, pledged pursuant to Local Law Collateral Documents, and (iii) to maintain such pledge to be a valid,
perfected first priority interest pursuant to the laws of the applicable Key Foreign Pledge Jurisdiction. 
 ARTICLE VI 
 NEGATIVE COVENANTS 
 So long as any
Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder (other than contingent indemnification obligations) shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the Borrower shall not, nor
shall it permit any Subsidiary to, directly or indirectly: 
 SECTION 6.01. Liens. Create, incur, assume or suffer to exist any Lien
upon any of its property or assets, whether now owned or hereafter acquired, or sign or file or suffer to exist under the Uniform Commercial Code of any jurisdiction a financing statement that names the Borrower or any of its Subsidiaries as debtor,
or sign or suffer to exist any security agreement authorizing any secured party thereunder to file such financing statement, other than the following: 
 (a) Liens pursuant to any Loan Document; 
  

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 (b) Liens existing on the date hereof (other than Liens securing lines of credit and amounts outstanding
under lines of credit) and listed on Schedule 3.08(b) and any renewals or extensions thereof, provided that (i) the property covered thereby is not broadened or increased, (ii) the amount secured or benefited thereby is not
increased, (iii) the direct or any contingent obligor with respect thereto is not changed, and (iv) any renewal or extension of the obligations secured or benefited thereby is permitted by Section 6.02(d); 
 (c) Liens for taxes not yet due 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) carriers’, warehousemen’s,
landlords’, mechanics’, materialmen’s, repairmen’s or other like Liens arising in the ordinary course of business which are not overdue for a period of more than 60 days or which are being contested in good faith and by
appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 
 (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 bids, trade contracts and leases (other than Indebtedness), statutory obligations, surety bonds (other than
bonds related to judgments or litigation), performance bonds and other obligations of a like nature incurred in the ordinary course of business; 
 (g) easements, rights-of-way, restrictions and other similar encumbrances affecting real property or other minor irregularities in title which, in the aggregate, are not substantial in amount, and which do not in any case materially detract
from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of the applicable Person; 
 (h) Liens securing judgments for the payment of money not constituting an Event of Default under Section 7.01(h) or securing appeal or other surety bonds related to such judgments; 
 (i) Liens securing Indebtedness permitted under Section 6.02(f); provided that (i) such Liens do not at any time encumber any
property other than the property whose acquisition, construction or improvement was financed by such Indebtedness or, if applicable, subject to such Capitalized Lease and (ii) the Indebtedness secured thereby does not exceed the cost or fair
market value, whichever is lower, of the property being acquired, constructed or improved on the date of acquisition, construction or improvement; 
  

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 (j) Liens in the form of leases or subleases granted or created by the Borrower or any Subsidiary of Real
Properties that do not interfere, individually or in the aggregate, in any material respect with the business of the Borrower and its Subsidiaries (taken as a whole); 
 (k) Liens arising out of conditional sale, title retention, consignment or similar arrangements for sale of goods entered into by the Borrower or any of its Subsidiaries in the ordinary course of business; 

(l) Liens arising from precautionary UCC financing statement filings regarding operating leases entered into by the Borrower or any of its
Subsidiaries in the ordinary course of business; 
 (m) Liens securing lines of credit for Foreign Subsidiaries in an aggregate potential
amount at any time (such amount being the maximum potential amount of credit under any secured line of credit, whether or not committed and whether or not then available) not to exceed $35,000,000; and 
 (n) other Liens securing Indebtedness (other than Liens securing lines of credit for Foreign Subsidiaries and amounts outstanding under lines of credit
for Foreign Subsidiaries) outstanding in an aggregate principal amount not to exceed $25,000,000. 
 Notwithstanding anything to the contrary herein or in
any other Loan Document, the Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly, create, incur, assume or suffer to exist any Lien in respect of (x) any property or assets of Dart or BCICIS, including, without
limitation, the Significant Marks, (y) any Material Mark, and (z) the Equity Interests of Dart, BCICIS, any Protected Subsidiary or any Financing Subsidiary, in each case, except for Liens thereon created by the Loan Documents. 

SECTION 6.02. Indebtedness. Create, incur, assume or suffer to exist any Indebtedness, except: 
 (a) Indebtedness in respect of Swap Contracts designed to hedge against fluctuations in interest rates or foreign exchange rates required hereby or
otherwise incurred in the ordinary course of business and consistent with prior practices and prudent business practice and not for speculative purposes; 
 (b) Indebtedness owed to the Borrower, a wholly owned Subsidiary of the Borrower or a Qualified Non-Wholly Owned Subsidiary of the Borrower, which Indebtedness shall (i) in the case of Indebtedness owed to a Loan
Party, constitute “Pledged Debt” under the Security Agreement, (ii) be otherwise permitted under the provisions of Section 6.03, (iii) if any Loan Party is the obligor on such Indebtedness, be unsecured and expressly
subordinated in right of payment to all Obligations, and (iv) in the case of Indebtedness owed to any Loan Party by any Subsidiary that is not a Loan Party, (A) be evidenced by a promissory note, (B) not be subordinated, and
(C) be payable upon demand and without restrictions on prepayments; 
 (c) Indebtedness under the Loan Documents; 
  

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 (d) Indebtedness, excluding lines of credit and Indebtedness in respect of lines of credit, outstanding
on the date hereof and listed on Schedule 6.02(d) and any refinancings, refundings, renewals or extensions thereof; provided that the amount of such Indebtedness is not increased at the time of such refinancing, refunding, 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 and by an amount equal to any existing commitments unutilized thereunder and
the direct or any contingent obligor with respect thereto is not changed, as a result of or in connection with such refinancing, refunding, renewal or extension; provided further that 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, refunding, renewing or extending Indebtedness, and of any agreement entered into and of any instrument issued
in connection therewith, are no less favorable in any material respect to the Loan Parties or the Lenders than the terms of any agreement or instrument governing the Indebtedness being refinanced, refunded, renewed or extended and the
interest rate applicable to any such refinancing, refunding, renewing or extending Indebtedness does not exceed the then applicable market interest rate; 
 (e) Guarantees of (i) the Borrower or any Guarantor in respect of Indebtedness of any Loan Party otherwise permitted hereunder, and (ii) of the Borrower on an unsecured basis in respect of Indebtedness of
any Subsidiary that is not a Loan Party otherwise permitted hereunder; 
 (f) Indebtedness in respect of Capitalized Leases, Synthetic Lease
Obligations and obligations for acquisition, construction or improvement of fixed or capital assets; provided, that (i) the aggregate amount of all such Indebtedness at any one time outstanding (other than in respect of the construction
of a manufacturing, distribution and office facility in Aalst, Belgium, adjacent to the existing warehouse facility) shall not exceed $20,000,000, and (ii) the aggregate amount of all such Indebtedness in respect of the construction of a
manufacturing, distribution and office facility in Aalst, Belgium, adjacent to the existing warehouse facility, shall not exceed $20,000,000 so long as such Indebtedness is owed to Fortis Capital and its affiliates and partners (including any
refinancings, refundings, renewals or extensions thereof with Fortis Capital and its affiliates and partners so long as the amount of such Indebtedness is not increased, the direct or any contingent obligor with respect thereto is not changed and
any property securing such Indebtedness is not broadened or increased); 
 (g) other than pursuant to a line of credit, Indebtedness arising
from the honoring by a bank or other financial institution of a check, draft or similar instrument drawn against insufficient funds in the ordinary course of business; provided that such Indebtedness is extinguished within five Business Days
of its incurrence; 
 (h) Indebtedness owed to (including obligations in respect of letters of credit for the benefit of) any Person
providing workers’ compensation, health, disability or other employee benefits or property, casualty or liability insurance to the Borrower or any Subsidiary, pursuant to reimbursement or indemnification obligations to such Person in the
ordinary course of business; 
  

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 (i) Indebtedness representing deferred compensation to employees of Borrower and its Subsidiaries in the
ordinary course of business; 
 (j) Indebtedness incurred in the ordinary course of business of the Borrower and its Subsidiaries in respect
of accounts extended by suppliers on normal trade terms in connection with purchases of goods and services; 
 (k) Indebtedness incurred
pursuant to the terms of any Plan or Employee Benefit Arrangement in the ordinary course of business; 
 (l) Permitted Financings in an
aggregate amount not to exceed $400,000,000 so long as the Net Cash Proceeds thereof are applied to prepay the Loans; 
 (m) lines of credit
(including, without limitation, overdraft facilities, working capital facilities, letter of credit facilities and similar lines of credit and credit facilities, but excluding factoring facilities and trade letter of credit facilities in the ordinary
course of business) listed on Schedule 6.02(m), as updated in accordance with Section 5.02(j)(ii) and as updated between fiscal periods otherwise in accordance with Section 5.02(j)(ii), in an aggregate amount not to
exceed $200,000,000 (including, without limitation, all committed and uncommitted lines of credit); provided, that the aggregate amount outstanding under all lines of credit shall not exceed $75,000,000 outstanding at any time; 
 (n) trade letter of credit facilities; 
 (o)
Indebtedness arising from the issuance of unsecured commercial paper; and 
 (p) other Indebtedness in an aggregate principal amount not to
exceed $25,000,000 at any time outstanding. 
 Notwithstanding anything to the contrary herein or in any other Loan Document, (x) neither Dart nor
BCICIS nor any Protected Subsidiary that has any right, title or interest in any Material Mark may create, incur, assume or suffer to exist any Indebtedness other than Indebtedness under the Loan Documents and unsecured Indebtedness under
Sections 6.02(b) and (l), and (y) lines of credit for Foreign Subsidiaries and all Indebtedness in respect of lines of credit for Foreign Subsidiaries shall only be permitted under Section 6.02(m). 
 SECTION 6.03. Investments. Make or hold any Investments, except: 
 (a) Investments held by the Borrower and its Subsidiaries in the form of Cash Equivalents; 
 (b) Loans and
advances to officers, directors and employees of the Borrower and Subsidiaries for payroll advances, travel, entertainment, relocation and other corporate purposes in an amount not to exceed $2,500,000 at any time outstanding, for travel,
entertainment, relocation and analogous ordinary business purposes; 
  

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 (c) (i) Investments by the Borrower and its Subsidiaries in their respective Subsidiaries outstanding on
the date hereof, and (ii) additional Investments by the Borrower and its Subsidiaries in wholly owned Subsidiaries and Qualified Non-Wholly owned Subsidiaries; provided, that the proceeds of any such additional Investments in
Subsidiaries that are not Loan Parties shall not be used to (A) finance any further Investments other than additional Investments under this Section 6.03(c) or (B) finance any Restricted Payments other than Restricted Payments
permitted under Section 6.06(a); 
 (d) Investments consisting of extensions of credit in the nature of accounts receivable or
notes receivable arising from the trade debt granted, or deposits made in connection with the purchase of goods or services, in each case in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof
from financially troubled account debtors, customers or suppliers or in settlement of disputes in the ordinary course of business to the extent reasonably necessary in the circumstances; 
 (e) Guarantees permitted by Section 6.02; 
 (f) Investments existing or in respect of which a legally binding commitment to make such Investment exists on the date hereof and set forth on Schedule 3.08(e); 
 (g) Investments by the Borrower in Swap Contracts permitted under Section 6.02(a); 
 (h) the purchase or other acquisition by any Loan Party of all of the Equity Interests in, or all or substantially all of the property and assets of, or
a business unit or product line of, any Person that, upon the consummation thereof, will be wholly owned directly by the Borrower or one or more of its wholly owned Subsidiaries (including as a result of a merger or consolidation); provided
that, with respect to each purchase or other acquisition made pursuant to this Section 6.03(h): 
 (i) to the
extent applicable, any such newly-created or acquired Subsidiary resulting from such purchase or acquisition shall comply with the requirements of Section 5.12; 
 (ii) the lines of business of the Person to be (or the property and assets of which are to be) so purchased or otherwise acquired shall be
substantially the same or substantially related to and complementary to lines of business as one or more of the principal businesses of the Borrower and its Subsidiaries; 
 (iii) the total cash and noncash consideration (including the fair market value of all Equity Interests issued or transferred to the
sellers thereof, all indemnities, earnouts and other contingent payment obligations to, and the aggregate amounts paid or to be paid under noncompete, consulting and other affiliated agreements with, the sellers thereof, all write-downs of property
and assets and reserves for liabilities with respect thereto and all assumptions of debt, liabilities and other obligations in connection therewith) paid or assumed by or on behalf of the Borrower and its Subsidiaries for any such purchase or other
acquisition, when aggregated with the total cash and noncash consideration paid or assumed by or on behalf of the Borrower and its Subsidiaries for all 

  

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other purchases and other acquisitions made by the Borrower and its Subsidiaries pursuant to this Section 6.03(h), shall not exceed $150,000,000
in the aggregate; provided, that if the Consolidated Leverage Ratio is less than 2.50 to 1.00 immediately after giving Pro Forma Effect to any such purchase or acquisition and any related transactions, the total cash and noncash consideration
for such purchase or acquisition and any related transactions shall not count towards the $150,000,000 limit under this Section 6.03(h)(iii); 
 (iv) (A) immediately before and immediately after giving Pro Forma Effect to any such purchase or other acquisition, no Default shall have occurred and be continuing and (B) immediately after giving Pro Forma
Effect to such purchase or other acquisition, the Borrower and its Subsidiaries shall be in pro forma compliance with all of the covenants set forth in Section 6.11; and 
 (v) the Borrower shall have delivered to the Administrative Agent, on behalf of the Lenders, at least five Business Days prior to the date
on which any such purchase or other acquisition involving total consideration in excess of $50,000,000 is to be consummated, a certificate of a Responsible Officer of the Borrower, in form and substance reasonably satisfactory to the Administrative
Agent, certifying that all of the requirements set forth in this Section 6.03(h) have been satisfied or will be satisfied on or prior to the consummation of such purchase or other acquisition; 
 (i) Investments made or acquired pursuant to the terms of any Plan or Employee Benefit Arrangement in the ordinary course of business; 
 (j) Investments received in connection with the bankruptcy, insolvency, court protection or reorganization of, or settlement of delinquent accounts and
disputes with, customers and suppliers, in each case in the ordinary course of business; 
 (k) Investments made with the Net Cash Proceeds
of any issuance of Equity Interests remaining after making all mandatory prepayments from such Net Cash Proceeds required pursuant to Section 2.11(c)(iii); 
 (l) the non-exclusive licensing or sublicensing of Intellectual Property rights (other than Significant Marks) pursuant to joint marketing arrangements with Persons other than the Borrower and its Subsidiaries;

 (m) any Investments acquired in connection with a Disposition permitted by Section 6.05; 
 (n) loans made in the ordinary course of business consistent with past practices to new distributors of products of the Borrower or its Subsidiaries; and

 (o) other Investments, net of all dividends, distributions, payments of interest, return on capital and repayments of principal received
in cash in respect of such Investments, in an aggregate amount not to exceed $50,000,000 at any time outstanding. 
  

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 SECTION 6.04. Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into another
Person, or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that, so long as no Default exists or would
result therefrom: 
 (a) any Subsidiary may merge with, or be liquidated, wound up or dissolved into (i) the Borrower, provided
that the Borrower shall be the continuing or surviving Person, or (ii) any one or more other Subsidiaries, provided that when any Loan Party is merging with another Subsidiary that is not a Loan Party, such Loan Party shall be the
continuing or surviving Person; 
 (b) any Loan Party may Dispose of all or substantially all of its assets (upon voluntary liquidation or
otherwise) to the Borrower or to another Loan Party; 
 (c) any Subsidiary that is not a Loan Party may dispose of all or substantially all
its assets to (i) another Subsidiary which is not a Loan Party or (ii) to a Loan Party; and 
 (d) in connection with any
acquisition permitted under Section 6.03, any Subsidiary of the Borrower may merge into or consolidate with any other Person or permit any other Person to merge into or consolidate with it; provided that the Person surviving such
merger shall be a wholly owned Subsidiary of the Borrower; 
 provided, however, that in each case, immediately after giving effect thereto,
(x) in the case of any such merger to which the Borrower is a party, the Borrower is the surviving corporation, and (y) in the case of any such merger to which any Loan Party (other than the Borrower) is a party, such Loan Party is the
surviving corporation; provided, further, that the Borrower shall use its commercially reasonable efforts to cause CH Laboratories Pty Limited to be merged, liquidated, wound up or dissolved in a manner permitted by
Section 6.04(a)(ii) and until such merger, liquidation, winding up or dissolution shall have occurred, CH Laboratories Pty Limited shall not own any assets. 
 SECTION 6.05. Dispositions. Make any Disposition or enter into any agreement to make any Disposition, except: 
 (a) Dispositions of (i) obsolete or worn out property, whether now owned or hereafter acquired, in the ordinary course of business, and (ii) fixed operating assets (solely to the extent not constituting all or substantially all of
the assets or business of the Borrower or any Subsidiary or a business unit, line of business or division of the Borrower or any Subsidiary) no longer used or useful to the business of the Borrower and its Subsidiaries, whether now owned or
hereafter acquired, in the ordinary course of business; 
 (b) Dispositions of inventory and Cash Equivalents in the ordinary course of
business; 
 (c) Dispositions of equipment or real property to the extent that (i) such property is exchanged for credit against the
purchase price of similar replacement property or (ii) the proceeds of such Disposition are reasonably promptly applied to the purchase price of such replacement property; 
  

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 (d) Dispositions of property by the Borrower or any Subsidiary to the Borrower, a wholly owned
Subsidiary, or a Qualified Non-Wholly Owned Subsidiary; provided that (i) if the transferor of such property in a noncash transaction is the Borrower or a Guarantor, the transferee thereof must either be the Borrower or a Guarantor, and
(ii) such Disposition shall be for fair market value and on arm’s-length terms; 
 (e) Dispositions permitted by
Section 6.04 and, to the extent any Investment permitted under Section 6.03 also constitutes, in whole or in part, a Disposition, such Investment; 
 (f) any issuance of Equity Interests of the Borrower; 
 (g) Dispositions by the Borrower and its
Subsidiaries of the Specified Florida Properties and the Idle Properties; provided, that at least 25% of the purchase price therefore shall be paid in cash so long as any noncash consideration shall be secured by the Specified Florida
Properties or the Idle Properties subject to such Disposition; 
 (h) the sale, transfer or disposition of accounts in connection with the
collection or compromise thereof in the ordinary course of business; 
 (i) non-exclusive licenses of IP Rights in the ordinary course of
business and substantially consistent with past practice; 
 (j) Dispositions made pursuant to the terms of any Plan or Employee Benefit
Arrangement in the ordinary course of business; 
 (k) Dispositions by the Borrower and its Subsidiaries not otherwise permitted under this
Section 6.05; provided that (i) at the time of such Disposition, no Default shall exist or would result from such Disposition, (ii) the aggregate fair market value of all property Disposed of in reliance on this
clause (k) in any fiscal year shall not exceed 5% of the Borrower’s consolidated assets (determined in accordance with GAAP) as of the last day of the immediately preceding fiscal year, and (iii) at least 75% of the purchase
price for such asset shall be paid to the Borrower or such Subsidiary solely in cash; and 
 (l) so long as no Default shall occur and be
continuing, the grant of any option or other right to purchase any asset in a transaction that would be permitted under the provisions of Section 6.05(k) above; 
 provided, however, that (x) any Disposition pursuant to Section 6.05(k) is for consideration at least equivalent to fair market value of the property or assets Disposed, and
(y) neither Dart nor BCICIS shall transfer or otherwise Dispose of any Significant Mark except as permitted pursuant to Section 6.05(i) to the Borrower and its Subsidiaries. 
 SECTION 6.06. Restricted Payments. Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or
otherwise) to do so, except that, so long as no Default or Event of Default shall have occurred and be continuing at the time of any action described below or would result therefrom: 
 (a) each Subsidiary may make Restricted Payments to the Borrower, any Subsidiaries of the Borrower that are Guarantors and any other Person that owns a
direct Equity Interest 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; 
  

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 (b) the Borrower and each Subsidiary may declare and make dividend payments or other distributions
payable solely in the common stock or other common Equity Interests of such Person; 
 (c) except to the extent the Net Cash Proceeds thereof
are required to be applied to the prepayment of the Loans pursuant to Section 2.11(c)(iii), the Borrower and each Subsidiary may purchase, redeem or otherwise acquire its common Equity Interests with the proceeds received from the
substantially concurrent issue of new common Equity Interests; 
 (d) the Borrower and each Subsidiary may purchase, redeem or otherwise
acquire shares of its common stock to the extent that such purchase, redemption or other acquisition is effected using the proceeds from any exercise of any option, warrant, or other right to acquire capital stock in the Borrower or such Subsidiary
within 180 days after the date of such exercise; 
 (e) the Borrower and each Subsidiary may make Restricted Payments and may issue or sell
Equity Interests pursuant to the terms of any Plan or Employee Benefit Arrangement (including restricted stock and related employee compensation plans) in the ordinary course of business; 
 (f) the Borrower may declare or pay cash dividends to its stockholders and purchase, redeem or otherwise acquire shares of its common stock so long as,
after giving Pro Forma Effect thereto, the Borrower shall be in pro forma compliance with each of the covenants set forth in Section 6.11; 
 (g) the Borrower may purchase, redeem or acquire any of its Equity Interests from any of its or its Subsidiaries’ present or former officers or employees upon the death, disability or termination of employment of
such officer or employee, so long as the aggregate amount of payments under this Section 6.06(g) shall not exceed $2,500,000 in any fiscal year and $5,000,000 in the aggregate since the Effective Date; and 
 (h) to the extent permitted by Section 6.03, the Borrower or any of its Subsidiaries may purchase any or all of any portion of the minority
Equity Interests in any Subsidiary that is not (directly or indirectly) wholly owned by the Borrower. 
 SECTION 6.07. Change in Nature of
Business. Engage in any material line of business substantially different from those lines of business conducted by the Borrower and its Subsidiaries on the date hereof or any business similar, ancillary, complementary or otherwise reasonably
related thereto or that is a reasonable extension, development or expansion thereof. 
 SECTION 6.08. Transactions with Affiliates.
Enter into any transaction of any kind with any Affiliate of the Borrower, whether or not in the ordinary course of business, other than on fair and reasonable terms substantially as favorable to the Borrower or such Subsidiary 

  

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as would be obtainable by the Borrower or such Subsidiary at the time in a comparable arm’s length transaction with a Person other than an Affiliate;
provided that the following shall not be deemed to be Affiliate transactions subject to the foregoing limitations: 
 (a) transactions between
or among (i) the Borrower and any Domestic Subsidiaries that are Loan Parties, (ii) any Subsidiaries that are not Loan Parties, and (iii) Loan Parties and Subsidiaries that are not Loan Parties with respect to transactions that are
individually and in the aggregate de minimis and immaterial; 
 (b) any Restricted Payment permitted by Section 6.06; 

(c) fees and compensation, benefits and incentive arrangements paid or provided to, and any indemnity provided on behalf of, officers, directors or
employees of the Borrower or any Subsidiary as determined in good faith by the board of directors of the Borrower; and 
 (d) loans and
advances to officers, directors and employees permitted by Section 6.03(b). 
 SECTION 6.09. Burdensome Agreements. Enter
into or permit to exist any Contractual Obligation (other than this Agreement or any other Loan Document) that (a) limits the ability (i) of any Subsidiary to make Restricted Payments to the Borrower or any Guarantor or to otherwise
transfer property to or invest in the Borrower or any Guarantor, except for any agreement in effect (A) on the date hereof or (B) at the time any Subsidiary becomes a Subsidiary of the Borrower, so long as such agreement was not entered
into solely in contemplation of such Person becoming a Subsidiary of the Borrower, (ii) of any Subsidiary to Guarantee the Indebtedness of the Borrower or (iii) of the Borrower or any Subsidiary to create, incur, assume or suffer to exist
Liens on property of such Person in favor of the Administrative Agent or otherwise for the benefit of the Secured Parties pursuant to the Loan Documents; provided, however, that this clause (iii) shall not prohibit any negative pledge incurred
or provided in favor of any holder of Indebtedness permitted under Section 6.02(f) solely to the extent any such negative pledge relates to the property financed by or the subject of such Indebtedness; or (b) requires the grant of a
Lien to secure an obligation of such Person if a Lien is granted to secure another obligation of such Person. 
 SECTION 6.10. Use of
Proceeds. Use the proceeds of any Loan, 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. 
 SECTION 6.11. Financial
Covenants. (a) Consolidated Net Worth. Permit Consolidated Net Worth as of the end of any fiscal quarter of the Borrower to be less than the sum of (i) 80% of the Consolidated Net Worth of the Borrower determined as of
December 31, 2005, plus (ii) an amount equal to 50% of the Consolidated Net Income earned in each full fiscal quarter ending on or after April 1, 2006 (with no deduction for a net loss in any such fiscal quarter), plus (iii) an
amount equal to (x) 100% of the aggregate increases in Shareholders’ 

  

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Equity of the Borrower and its Subsidiaries after the date hereof by reason of the issuance and sale of Equity Interests of the Borrower or any Subsidiary
(other than issuances to the Borrower or a wholly owned Subsidiary), including upon any conversion of debt securities of the Borrower into such Equity Interests less (y) the amount of any stock repurchases, redemptions and acquisitions made
pursuant to Section 6.06(d), minus (i) up to $75,000,000 in aggregate reductions in Consolidated Net Worth after July 1, 2007 associated with non-cash write offs of intangibles associated with impairment. 
 (b) Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any four fiscal quarter period of the Borrower set forth
below to be greater than the ratio set forth below opposite such four fiscal quarter period: 
  

			
	 Four Fiscal Quarters Ending
	  	Maximum Consolidated
Leverage Ratio
	 September 29, 2007
	  	3.50:1.00
	 December 29, 2007 through September 27, 2008
	  	3.25:1.00
	 December 27, 2008 through September 26, 2009
	  	2.75:1.00
	 December 26, 2009 and each fiscal quarter thereafter
	  	2.50:1.00

 (c) Consolidated Fixed Charge Coverage Ratio. Permit the Consolidated Fixed Charge Coverage
Ratio as of the end of any four fiscal quarter period of the Borrower set forth below to be less than the ratio set forth below opposite such four fiscal quarter period: 
  

			
	 Four Fiscal Quarters Ending
	  	 Minimum Consolidated
Fixed Charge Coverage
 Ratio

	 September 29, 2007
	  	1.05:1.00
	 December 29, 2007 through September 27, 2008
	  	1.20:1.00
	 December 27, 2008 through September 26, 2009
	  	1.25:1.00
	 December 26, 2009 through September 25, 2010
	  	1.40:1.00
	 December 25, 2010 and each fiscal quarter thereafter
	  	1.50:1.00

 SECTION 6.12. Amendments of Organization Documents. Amend any of its Organization Documents
in any manner adverse to the Lenders in any material respect. 
 SECTION 6.13. Accounting Changes. Except to the extent necessary to
conform the accounting policies or reporting practices of the Business to that of the Borrower and its Subsidiaries, make any change in (a) accounting policies or reporting practices, except as required or permitted by GAAP, or (b) fiscal
year. 
 SECTION 6.14. Prepayments, Etc. of Indebtedness. Prepay, redeem, purchase, defease or otherwise satisfy prior to the
scheduled maturity thereof in any manner, or make any payment in violation of any subordination terms of, any Indebtedness, except (a) the prepayment of the Loans in accordance with the terms of this Agreement, (b) regularly scheduled or
required repayments or redemptions of Indebtedness set forth in Schedule 6.02(d), and (c) prepayments of Indebtedness permitted under Section 6.02(b), (d), (f) and (m). 
  

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 SECTION 6.15. Amendment of Indebtedness. (a) amend, modify or change in any manner any term
or condition of any Indebtedness set forth in Schedule 6.02(d), except for any refinancing, refunding, renewal or extension thereof permitted by Section 6.02(d). 
 SECTION 6.16. Wholly Owned Subsidiaries. Permit any Guarantor or any Material Subsidiary not to be a wholly owned Subsidiary or, in the case of
any Material Subsidiary that is a Foreign Subsidiary, a Qualified Non-Wholly owned Subsidiary. 
 SECTION 6.17. Speculative
Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or any similar speculative transactions, which are, in any case, inconsistent with prior practice and not
otherwise made in the ordinary course of business. 
 SECTION 6.18. Formation of Subsidiaries. Organize or invest in any new
Subsidiary except as permitted under Section 6.03(c) and (h). 
 ARTICLE VII 
 EVENTS OF DEFAULT 
 SECTION 7.01.
Events of Default. If any of the following events (“Events of Default”) shall occur: 
 (a) Non-Payment. The
Borrower or any other Loan Party fails (i) to pay when and as required to be paid herein any amount of principal of any Loan or any reimbursement obligation in respect of any LC Disbursement or to deposit when and as required to be deposited
herein any cash collateral amount due pursuant to Section 2.06(i) or (ii) pay within 5 days after the same becomes due, any interest on any Loan or on any LC Disbursement, or any fee due hereunder, or any other amount payable
hereunder or under any other Loan Document; or 
 (b) Specific Covenants. The Borrower fails to perform or observe any term, covenant
or agreement contained in any of Section 5.01, 5.02(a) and (b), 5.03, 5.05, 5.10, or 5.18 or Article VI; or 
 (c) Other Defaults. Any Loan Party fails to perform or observe any other covenant or agreement (not specified in Section 7.01(a) or (b) above) contained in any Loan Document on its part to be
performed or observed and such failure continues for 30 days after the earlier of (i) notice of such default shall have been given to the Borrower by the Administrative Agent and (ii) a Responsible Officer of any Loan Party shall have
actual knowledge of such failure; or 
 (d) Representations and Warranties. Any representation or warranty made or deemed made by or
on behalf of the Borrower or any other Loan Party herein, in any other Loan Document, or in any document delivered in connection herewith or therewith shall be incorrect in any material respect (other than in respect of any representation or
warranty that is subject to a Material Adverse Effect qualifier, in which case, such representation or warranty shall be incorrect) when made or deemed made except with respect to any representation or warranty to the extent incorrect solely as to
Immaterial Subsidiaries; or 
  

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 (e) Cross-Default. (i) Any Loan Party or any of its Subsidiaries (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 (including undrawn committed or available amounts and 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; 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 the 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 the Borrower or any Subsidiary is an Affected
Party (as so defined) and, in either event, the Swap Termination Value owed by the Loan Party or such Subsidiary as a result thereof is greater than the Threshold Amount; or 
 (f) Insolvency Proceedings, Etc. The Borrower or any of its Material Subsidiaries institutes or consents to the institution of any proceeding,
procedure, step or action under any Debtor Relief Law, or makes a general assignment for the benefit of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, examiner, rehabilitator or
similar officer for it or for all or any material part of its property; or any receiver, trustee, custodian, conservator, liquidator, examiner, rehabilitator or similar officer is appointed without the application or consent of such Person and the
appointment continues undischarged or unstayed for 60 calendar days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and
continues undismissed or unstayed for 60 calendar days, or an order for relief is entered in any such proceeding; or 
 (g) Inability to
Pay Debts; Attachment. (i) The Borrower or any of its Material Subsidiaries 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 30 days after its issue or levy; or 
 (h) Judgments. There is entered against any Loan Party or any of its Subsidiaries (i) a final judgment or order for the payment of money in
an aggregate amount exceeding the Threshold Amount (to the extent not covered by (A) independent third-party insurance as to which the insurer is rated at least “A” by A.M. Best Company, has been notified of the potential claim and
does not dispute coverage, or (B) an indemnity by Kraft Foods, Inc., Premark International, Inc. or Sara Lee Corporation (the “Applicable Indemnitor”), as 

  

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applicable, pursuant to a legally binding agreement then in full force and effect as to which the Borrower shall have made a claim for indemnification from
the Applicable Indemnitor in accordance with the applicable agreement and the Applicable Indemnitor does not dispute such claim or its obligations to indemnify), or (ii) any one or more non-monetary final judgments that have, or could
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 10
consecutive days during which a stay of enforcement of such judgment, by reason of a pending appeal or otherwise, is not in effect; or 
 (i)
ERISA. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or could reasonably be expected to result in liability of the Borrower 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) the 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 
 (j) Foreign Benefits Plans. The occurrence of any of the following events, where such events individually or in the aggregate with all other events in this Section 7.01(j), could reasonably be expected to have a Material
Adverse Effect: (i) any employer or employee contributions required by law or by the terms of any Foreign Government Scheme or Arrangement or any Foreign Plan are not made, or, if applicable, accrued, in accordance with normal accounting
practices; (ii) the fair market value of the assets of each funded Foreign Plan, the liability of each insurer for any Foreign Plan funded through insurance or the book reserve established for any Foreign Plan, together with any accrued
contributions, is not sufficient to procure or provide for the accrued benefit obligations with respect to all current and former participants in such Foreign Plan according to the actuarial assumptions and valuations most recently used to account
for such obligations in accordance with applicable generally accepted accounting principles; or (iii) any Foreign Plan required to be registered is not registered or is not maintained in good standing with applicable regulatory authorities; or

 (k) Invalidity of Loan Documents. Any 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 satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party contests in any manner the validity or enforceability of any provision of any
Loan Document; or any Loan Party denies that it has any or further liability or obligation under any provision of any Loan Document, or purports to revoke, terminate or rescind any provision of any Loan Document; or 
 (l) Change of Control. There occurs any Change of Control; or 
 (m) Collateral Document. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 5.12 shall for any reason (other than pursuant to the terms thereof) cease to create a
valid and perfected first priority lien (subject to Liens permitted by Section 6.01) on the Collateral purported to be covered thereby; 
  

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 then, and in every such event (other than an event with respect to the Borrower described in clause (f) of
this Section 7.01), and at any time thereafter during the continuance of such event, the Administrative Agent may, and at the request of the Required Lenders shall, by notice to the Borrower, take either or both of the following actions,
at the same or different times: (i) terminate the Commitments, and thereupon the Commitments shall terminate immediately, and (ii) declare the Loans then outstanding to be due and payable in whole (or in part, in which case any principal
not so declared to be due and payable may thereafter be declared to be due and payable), and thereupon the principal of the Loans so declared to be due and payable, together with accrued interest thereon and all fees and other obligations of the
Borrower accrued hereunder, shall become due and payable immediately, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower; and in case of any event with respect to the Borrower described
in clause (f) of this Section 7.01, the Commitments shall automatically terminate and the principal of the Loans then outstanding, together with accrued interest thereon and all fees and other obligations of the Borrower
accrued hereunder, shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower. 
 SECTION 7.02. Application of Funds. After the exercise of remedies provided for in Section 7.01 (or after the Loans have automatically
become immediately due and payable and the LC Exposure has automatically been required to be Cash Collateralized as set forth in Section 2.06(i), 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 II) payable to the Administrative Agent in its capacity as such; 
 Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal and
interest) payable to the Lenders and the Issuing Bank (including fees, charges and disbursements of counsel to the respective Lenders and the Issuing Bank and amounts payable under Article III), ratably among them in proportion to the amounts
described in this clause Second payable to them; 
 Third, to payment of that portion of the Obligations constituting
accrued and unpaid interest on the Loans, LC Disbursements and other Obligations, ratably among the Lenders and the Issuing Bank in proportion to the respective amounts described in this clause Third payable to them; 
 Fourth, to payment of that portion of the Obligations constituting unpaid principal of the Loans, LC Disbursements, amounts owing
under Secured Swap Contracts and amounts owing under Secured Foreign Credit Lines, ratably among the Lenders, the Issuing Bank, the Hedge Banks, the Foreign Credit Line Banks in proportion to the respective amounts described in this clause Fourth
held by them; 
  

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 Fifth, to the Administrative Agent for the account of the Issuing Bank, to Cash
Collateralize that portion of the Obligations comprised of the aggregate undrawn amount of outstanding Letters of Credit in an amount equal to 105% of the aggregate undrawn amount of all such outstanding Letters of Credit; 
 Sixth, to payment of all Obligations of any Foreign Subsidiaries of the Borrower in favor of any Person that is a Lender or an
Affiliate of a Lender, in its capacity as a provider of any treasury management services, ratably to each such Lender or such Affiliate of a Lender in proportion to the respective amounts described in this clause Sixth held by them; 
 Seventh, to the payment of all other Obligations of the Loan Parties owing under or in respect of the Loan Documents that are due
and payable to the Administrative Agent and the other Secured Parties on such date, ratably based upon the respective aggregate amounts of all such Obligations owing to the Administrative Agent and the other Secured Parties on such date; and

 Last, the balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Borrower or as
otherwise required by Law. 
 Subject to Section 2.06, amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit
pursuant to clause Fifth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such
remaining amount shall be applied to the other Obligations, if any, in the order set forth above. 
 ARTICLE VIII 
 THE ADMINISTRATIVE AGENT 
 Each of the
Lenders and the Issuing Bank hereby irrevocably appoints the Administrative Agent as its agent 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, together with such actions and powers as are reasonably incidental thereto. 
 The bank 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 such bank and its Affiliates may accept deposits from, lend money to and
generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder. 
 The Administrative Agent shall not have any duties or obligations except those expressly set forth herein. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to
any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except
discretionary rights and powers expressly contemplated hereby that the Administrative Agent is required to exercise in writing as directed by the Required Lenders (or such other number or 

  

 91 

 
percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02), and (c) except as expressly set forth
herein, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Subsidiaries that is communicated to or obtained by the bank serving as
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 with the consent or at the request of the Required Lenders (or such other number or percentage of the
Lenders as shall be necessary under the circumstances as provided in Section 9.02) or in the absence of its own gross negligence or wilful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default unless
and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender, and 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, (ii) the contents of any certificate, report or other document delivered hereunder or in connection herewith, (iii) the performance or observance of any of the covenants,
agreements or other terms or conditions set forth herein, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement or any other agreement, instrument or document, or (v) the satisfaction of any condition set forth
in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the 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 believed by it to be genuine and to
have been signed or sent 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 be made by the proper Person, and shall not incur any liability for relying thereon. The
Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any
such counsel, accountants or experts. 
 The Administrative Agent may perform any and all its duties and exercise its rights and powers 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 its duties and exercise its rights and powers through their respective Related Parties. The exculpatory
provisions of the preceding paragraphs 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. 
 Subject to the appointment and acceptance of a successor
Administrative Agent as provided in this paragraph, the Administrative Agent may resign at any time by notifying the Lenders, the Issuing Bank and the Borrower. Upon any such resignation, the Required Lenders shall have the right, in consultation
with the Borrower, to appoint a successor. If no successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its resignation, then the
retiring Administrative Agent may, on behalf of the Lenders and the Issuing Bank, appoint a successor Administrative Agent which shall be a bank with an office in New York, New York, or 

  

 92 

 
an Affiliate of any such bank. Upon the acceptance of its appointment as Administrative Agent hereunder by a successor, such successor shall succeed to and
become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder. The fees payable by the Borrower to a
successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the Administrative Agent’s resignation hereunder, the provisions of this Article
and Section 9.03 shall continue in effect for the benefit of such retiring 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 it was
acting as Administrative Agent. 
 Each Lender acknowledges that 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 Agreement. Each Lender also acknowledges that it will, independently and without reliance upon
the Administrative Agent or any other Lender 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
related agreement or any document furnished hereunder or thereunder. 
 Without limiting the foregoing, if any Collateral is sold in a
transaction permitted hereunder (other than to the Borrower or to a Subsidiary thereof) such Collateral shall be sold free and clear of the Liens created by the Collateral Documents and the Administrative Agent shall be authorized to take any
actions deemed appropriate in order to effect the foregoing. 
 ARTICLE IX 
 MISCELLANEOUS 
 SECTION 9.01. Notices. (a) Except in the case of
notices and other communications expressly permitted to be given by telephone (and subject to paragraph (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 telecopy, as follows: 
 (i) if to the Borrower, to it at 14901
South Orange Blossom Trail, Orlando, Florida 32837, Attention of Treasurer (Telecopy No. (407) 826-4510); 
 (ii) if to
the Administrative Agent, the Issuing Bank or the Swingline Lender, to JPMorgan Chase Bank, N.A., JPMorgan Loan Services, 10 South Dearborn, 7th floor, Chicago, IL 60603, Attention of Sharon Bosch (Telecopy No. (312) 385-7107); and 

(iii) if to any other Lender, to it at its address (or telecopy number) set forth in its Administrative Questionnaire. 
 (b) Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communications pursuant to procedures approved
by the 

  

 93 

 
Administrative Agent; provided that the foregoing shall not apply to notices pursuant to Article II unless otherwise agreed by the
Administrative Agent and the applicable Lender. The Administrative Agent or the Borrower may, 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. 
 (c) Any party hereto may change
its address or telecopy number for notices and other communications hereunder by notice to the other parties hereto. All notices and other communications given to any party hereto in accordance with the provisions of this Agreement shall be deemed
to have been given on the date of receipt. 
 SECTION 9.02. Waivers; Amendments. (a) No failure or delay by the Administrative
Agent, the Issuing Bank or any Lender in exercising any right or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a
right or power, preclude any other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the Administrative Agent, the Issuing Bank and the Lenders hereunder are cumulative and are not exclusive of any
rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by the Borrower therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this
Section, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. Without limiting the generality of the foregoing, the making of a Loan or issuance of a Letter of Credit shall not be
construed as a waiver of any Default, regardless of whether the Administrative Agent, any Lender or the Issuing Bank may have had notice or knowledge of such Default at the time. 
 (b) Neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement or agreements in writing entered
into by the Borrower and the Required Lenders or by the Borrower and the Administrative Agent with the consent of the Required Lenders; provided that no such agreement shall (i) increase the Commitment of any Lender without the written
consent of such Lender, (ii) reduce the principal amount of any Loan or LC Disbursement, reduce the rate of interest thereon, reduce any fees payable hereunder, or shorten the date of maturity of any Loan without the written consent of each
Lender affected thereby, (iii) postpone the final maturity of any Loan or the scheduled date of payment of the principal amount of any Loan or LC Disbursement, or any interest thereon, or any fees payable hereunder or reduce the amount of,
waive or excuse any such payment, or postpone the final permitted expiry date of any Letter of Credit beyond the Revolving Maturity Date or the scheduled date of expiration of any Commitment, without the written consent of each Lender affected
thereby, (iv) change Section 2.18(b) or (c) in a manner that would alter the pro rata sharing of payments required thereby, without the written consent of each Lender, (v) change any of the provisions of this
Section or the definition of “Required Lenders” or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or make any determination or grant any consent hereunder,
without the written consent of each Lender, (vi) release any guarantor from the Guaranty without the written consent of each Lender, or (vii) release all or substantially all of the Collateral without the written consent of each Lender;
provided further that no such agreement shall amend, modify 

  

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or otherwise affect the rights or duties of the Administrative Agent, the Issuing Bank or the Swingline Lender hereunder without the prior written consent of
the Administrative Agent, the Issuing Bank or the Swingline Lender, as the case may be. 
 (c) Notwithstanding the foregoing, upon the
execution and delivery of all documentation required by Section 2.09(e) to be delivered in connection with an increase to the aggregate Revolving Commitment or aggregate Term Commitment, the Administrative Agent, the Borrower and the new
or existing Lenders whose Revolving Commitments or Term Commitments have been affected may and shall enter into an amendment hereof (which shall be binding on all parties hereto and the new Lenders) solely for the purpose of reflecting any new
Lenders and their new Revolving Commitments or Term Commitments and any increase in the Revolving Commitment or Term Commitment of any existing Lender. 
 SECTION 9.03. Expenses; Indemnity; Damage Waiver. (a) The Borrower 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 and administration of this Agreement or any amendments, modifications or
waivers of the provisions hereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by the Issuing Bank 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, the Issuing Bank or any Lender, including the fees, charges and disbursements of any counsel
for the Administrative Agent, the Issuing Bank or any Lender, in connection with the enforcement or protection of its rights in connection with this Agreement, including its rights under this Section, or 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) The Borrower shall indemnify the Administrative Agent, the Issuing Bank and each Lender, 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, penalties, damages, liabilities and related expenses, including the fees, charges and disbursements of any
counsel for any Indemnitee, incurred by or asserted against any Indemnitee arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement or any agreement or instrument contemplated hereby, the performance
by the parties hereto of their respective obligations hereunder or the consummation of the Transactions or any other transactions contemplated hereby, (ii) any Loan or Letter of Credit or the use of the proceeds therefrom (including any refusal
by the Issuing Bank 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 the Borrower or any of its Subsidiaries, or any Environmental Liability related in any way to the Borrower 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 and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall not, as to
any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or
wilful misconduct of such Indemnitee. 
  

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 (c) To the extent that the Borrower fails to pay any amount required to be paid by it to the
Administrative Agent, the Issuing Bank or the Swingline Lender under paragraph (a) or (b) of this Section, each Lender severally agrees to pay to the Administrative Agent, the Issuing Bank or the Swingline Lender, as the case may be, such
Lender’s ratable share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought by reference to the aggregate outstanding Term Loans and Revolving Commitments (or, if such revolving Commitments have
terminated, aggregate Revolving Credit Exposure)) of such unpaid amount; provided 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, the Issuing Bank or the Swingline Lender in its capacity as such. 
 (d) To the extent permitted by applicable law, the
Borrower shall not assert, and hereby waives, 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 or any agreement or instrument contemplated hereby, the Transactions, any Loan or Letter of Credit or the use of the proceeds thereof. 
 (e) All amounts due under this Section shall be payable promptly after written demand therefor. 
 SECTION
9.04. Successors and Assigns. (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any Affiliate of the Issuing
Bank that issues any Letter of Credit), except that (i) the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by
the Borrower without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section. 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 (including any Affiliate of the Issuing Bank that issues any Letter of Credit), Participants (to the extent provided in
paragraph (c) of this Section) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Issuing Bank and the Lenders) any legal or equitable right, remedy or claim under or by reason of this
Agreement. 
 (b) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender may assign to one or more assignees all or a
portion of its rights and obligations under this Agreement (including all or a portion of its Commitments and the Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld) of: 
 (i) the Borrower, provided that no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, an
Approved Fund or, if an Event of Default has occurred and is continuing, any other assignee; 
  

 96 

 (ii) the Administrative Agent, provided that no consent of the Administrative Agent shall
be required for an assignment of (x) any Revolving Commitment to an assignee that is a Lender with a Revolving Commitment immediately prior to giving effect to such assignment and (y) all or any portion of a Term Loan to a Lender, an
Affiliate of a Lender or an Approved Fund; and 
 (iii) the Issuing Bank, provided that no consent of the Issuing Bank shall
be required for an assignment of all or any portion of a Term Loan. 
 (c) Assignments shall be subject to the following additional
conditions: 
 (i) except in the case of an assignment to a Lender or an Affiliate of a Lender or an Approved Fund or an
assignment of the entire remaining amount of the assigning Lender’s Commitment or Loans of any Class, the amount of the Commitment or Loans of the assigning Lender subject to each such assignment (determined as of the date the Assignment and
Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $5,000,000 or, in the case of a Term Loan, $1,000,000 unless each of the Borrower and the Administrative Agent otherwise consent,
provided that no such consent of the Borrower shall be required if an Event of Default has occurred and is continuing; 
 (ii) each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement; provided that this Section 9.04(c)(ii) shall not be
construed to prohibit assignment of a proportionate part of all the assigning Lender’s rights and obligations in respect of one Class of Commitments or Loans; 
 (iii) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a
processing and recordation fee of $3,500; and 
 (iv) the assignee, if it shall not be a Lender, shall deliver to the
Administrative Agent an Administrative Questionnaire in which the assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information about the Borrower and its affiliates, the
Loan Parties and their related parties or their respective securities) will be made available and who may receive such information in accordance with the assignee’s compliance procedures and applicable laws, including Federal and state
securities laws. 
 For the purposes of this Section 9.04(c), the term “Approved Fund” has the following
meaning: 
 “Approved Fund” means any Person (other than a natural person) that is engaged in making, purchasing, holding or investing in
bank loans and similar extensions of credit in the ordinary course of its business and 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. 
  

 97 

 (d) Subject to acceptance and recording thereof pursuant to paragraph (e) of this Section, from and
after the effective date specified in each Assignment and Assumption the assignee thereunder shall be a party hereto 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 2.15, 2.16, 2.17 and 9.03). Any
assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 9.04 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 paragraph (c) of this Section. 
 (e) The Administrative Agent, acting for this purpose as an agent of
the Borrower, shall maintain at one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amount of the Loans and
LC Disbursements owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive absent manifest error, and the Borrower, the Administrative Agent, the Issuing
Bank and the Lenders may treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for
inspection by the Borrower, the Issuing Bank and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 
 (f) Upon its receipt of a duly completed Assignment and Assumption executed by an assigning Lender and an assignee, the assignee’s completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the
processing and recordation fee referred to in paragraph (b) of this Section and any written consent to such assignment required by paragraph (b) of this Section, the Administrative Agent shall accept such Assignment and Assumption and
record the information contained therein in the Register; provided that if either the assigning Lender or the assignee shall have failed to make any payment required to be made by it pursuant to Section 2.05(c), 2.06(d) or
(e), 2.07(b), 2.18(d) or 9.03(c), the Administrative Agent shall have no obligation to accept such Assignment and Assumption and record the information therein in the Register unless and until such payment shall have been
made in full, together with all accrued interest thereon. No assignment shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph. 
 (g) Any Lender may, without the consent of the Borrower, the Administrative Agent, the Issuing Bank or the Swingline Lender, sell participations to one
or more banks or other entities (a “Participant”) in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a portion of its Commitments and the Loans owing to it); provided that
(A) such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (C) the Borrower, the
Administrative Agent, the Issuing Bank and the other Lenders shall continue to deal solely and directly with such Lender in connection with such 

  

 98 

 
Lender’s rights and obligations under this Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide
that such Lender shall retain the sole right to enforce this Agreement and 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, modification or waiver described in the first proviso to Section 9.02(b) that affects such Participant. Subject to paragraph (c)(ii) of this Section, the Borrower agrees
that each Participant shall be entitled to the benefits of Sections 2.15, 2.16 and 2.17 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section. To the
extent permitted by law, each Participant also shall be entitled to the benefits of Section 9.08 as though it were a Lender, provided such Participant agrees to be subject to Section 2.18(c) as though it were a Lender.

 (h) A Participant shall not be entitled to receive any greater payment under Section 2.15 or 2.17 than the applicable
Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a
Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 2.17 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to
comply with Section 2.17(e) as though it were a Lender. 
 (i) Any Lender may at any time pledge or assign a security interest in
all or any portion of its rights under this Agreement to secure obligations of such Lender, including without limitation any pledge or assignment to secure obligations to a Federal Reserve Bank, and this Section shall not apply to any such pledge or
assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

 SECTION 9.05. Survival. All covenants, agreements, representations and warranties made by the Borrower herein and in the
certificates or other instruments delivered in connection with or pursuant to this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement and the making of
any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such other party or on its behalf and notwithstanding that the Administrative Agent, the Issuing Bank or any Lender may have had notice or knowledge of any
Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee or any other amount payable under
this Agreement is outstanding and unpaid or any Letter of Credit is outstanding and so long as the Commitments have not expired or terminated. The provisions of Sections 2.15, 2.16, 2.17 and 9.03 and Article VIII
shall survive and remain in full force and effect regardless of the consummation of the transactions contemplated hereby, the repayment of the Loans, the expiration or termination of the Letters of Credit and the Commitments or the termination of
this Agreement or any provision hereof. 
 SECTION 9.06. Counterparts; Integration; Effectiveness. This Agreement may be executed in
counterparts (and by different parties hereto on different counterparts), each of 

  

 99 

 
which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and any separate letter
agreements with respect to fees payable to the Administrative Agent 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 4.01, 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
which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. Delivery of an executed counterpart
of a signature page of this Agreement by telecopy shall be effective as delivery of a manually executed counterpart of this Agreement. 
 SECTION 9.07. Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or
unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.

 SECTION 9.08. Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender and each of its Affiliates
is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other obligations at any time
owing by such Lender or Affiliate to or for the credit or the account of the Borrower against any of and all the obligations of the Borrower now or hereafter existing under this Agreement held by such Lender, irrespective of whether or not such
Lender shall have made any demand under this Agreement and although such obligations may be unmatured. The rights of each Lender under this Section are in addition to other rights and remedies (including other rights of setoff) which such Lender may
have. 
 SECTION 9.09. Governing Law; Jurisdiction; Consent to Service of Process. (a) This Agreement shall be construed in
accordance with and governed by the law of the State of New York. 
 (b) The Borrower hereby irrevocably and unconditionally submits, for
itself and its property, to the nonexclusive jurisdiction of the Supreme Court 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, in any action or proceeding arising out of or relating to this Agreement, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such
action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such Federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may
be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that the Administrative Agent, the Issuing Bank or any Lender may otherwise have to bring any action
or proceeding relating to this Agreement against the Borrower or its properties in the courts of any jurisdiction. 
  

 100 

 (c) The Borrower hereby irrevocably and unconditionally waives, to the fullest extent it may legally and
effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement 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 law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 
 (d) Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section 9.01. Nothing in
this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law. 
 SECTION 9.10.
WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY 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
THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER
PARTY 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 BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
CERTIFICATIONS IN THIS SECTION. 
 SECTION 9.11. Headings. Article and Section headings and the Table of Contents used herein are for
convenience of reference only, are not part of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement. 
 SECTION 9.12. Confidentiality. Each of the Administrative Agent, the Issuing Bank and the Lenders agrees to maintain the confidentiality of the Information (as defined below), except that Information may be
disclosed (a) to its and its Affiliates’ directors, officers, employees and agents, including accountants, legal counsel and other advisors (it being understood that the Persons to whom such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent requested by any regulatory authority, (c) to the extent required by applicable laws or regulations or by any subpoena or
similar legal process, (d) to any other party to this Agreement, (e) in connection with the exercise of any remedies hereunder or any suit, action or proceeding relating to this Agreement or the enforcement of rights hereunder,
(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 or obligations under this
Agreement or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (g) with the consent of the Borrower or (h) to the extent such Information
(i) becomes publicly available other than as a result of a breach of this Section or (ii) becomes available to the Administrative Agent, the Issuing Bank or any Lender on a non-confidential basis from a source other than the Borrower. For
the purposes of this Section, “Information” means all information received from the Borrower relating to the Borrower or its business, other than any such information that is 

  

 101 

 
available to the Administrative Agent, the Issuing Bank or any Lender on a non-confidential basis prior to disclosure by the Borrower; provided that, in the
case of information received from the Borrower after the date hereof, such information is clearly identified at the time of delivery as confidential. 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. 

EACH LENDER ACKNOWLEDGES THAT INFORMATION AS DEFINED IN SECTION 9.12(a) FURNISHED TO IT PURSUANT TO THIS AGREEMENT MAY INCLUDE MATERIAL
NON-PUBLIC INFORMATION CONCERNING THE BORROWER AND ITS RELATED PARTIES OR THEIR RESPECTIVE SECURITIES, AND CONFIRMS THAT IT HAS DEVELOPED COMPLIANCE PROCEDURES REGARDING THE USE OF MATERIAL NON-PUBLIC INFORMATION AND THAT IT WILL HANDLE SUCH
MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH THOSE PROCEDURES AND APPLICABLE LAW, INCLUDING FEDERAL AND STATE SECURITIES LAWS. 
 ALL INFORMATION, INCLUDING REQUESTS FOR WAIVERS AND AMENDMENTS, FURNISHED BY THE BORROWER OR THE ADMINISTRATIVE AGENT PURSUANT TO, OR IN THE COURSE OF ADMINISTERING, THIS AGREEMENT WILL BE SYNDICATE-LEVEL INFORMATION, WHICH MAY CONTAIN
MATERIAL NON-PUBLIC INFORMATION ABOUT THE BORROWER AND ITS AFFILIATES, THE LOAN PARTIES AND THEIR RELATED PARTIES OR THEIR RESPECTIVE SECURITIES) AND ITS SECURITIES. ACCORDINGLY, EACH LENDER REPRESENTS TO THE BORROWER AND THE ADMINISTRATIVE AGENT
THAT IT HAS IDENTIFIED IN ITS ADMINISTRATIVE QUESTIONNAIRE A CREDIT CONTACT WHO MAY RECEIVE INFORMATION THAT MAY CONTAIN MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH ITS COMPLIANCE PROCEDURES AND APPLICABLE LAW. 
 SECTION 9.13. Interest Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Loan,
together with all fees, charges and other amounts which are treated as interest on such Loan under applicable law (collectively the “Charges”), shall exceed the maximum lawful rate (the “Maximum Rate”) which may be contracted
for, charged, taken, received or reserved by the Lender holding such Loan in accordance with applicable law, the rate of interest payable in respect of such Loan hereunder, together with all Charges payable in respect thereof, shall be limited to
the Maximum Rate and, to the extent lawful, the interest and Charges that would have been payable in respect of such Loan but were not payable as a result of the operation of this Section shall be cumulated and the interest and Charges payable to
such Lender in respect of other Loans or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated amount, together with interest thereon at the Federal Funds Effective Rate to the date of repayment, shall have been
received by such Lender. 
 SECTION 9.14. USA PATRIOT Act. Each Lender that is subject to the requirements of the USA Patriot Act
(Title III of Pub. L. 107-56 (signed into law October 26, 

  

 102 

 
2001)) (the “Act”) hereby notifies the Borrower that pursuant to the requirements of the Act, it is required to obtain, verify and record
information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender to identify the Borrower in accordance with the Act. 
  

 103 

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

			
	 TUPPERWARE BRANDS CORPORATION

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	JPMORGAN CHASE BANK, N.A., individually and as Administrative Agent, Swingline Lender and Issuing Bank
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	ABN AMRO BANK N.V.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	BANCA NAZIONALE DEL LAVORO SPA, NEW YORK BRANCH
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	 BANCO BILBAO VIZCAYA ARGENTARIA S.A.

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	BANK OF COMMUNICATIONS CO., LTD., NEW YORK BRANCH
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	 CALYON NEW YORK BRANCH

		
	By:	 	  

	Name:	 	Robert L. Nelson
	Title:	 	Managing Director
		
	By:	 	  

	Name:	 	Samuel L. Hill
	Title:	 	Managing Director and Regional Head

			
	CHANG HWA COMMERCIAL BANK, LTD., NEW YORK BRANCH
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	COMMERCEBANK, N.A.
		
	By:	 	  

	Name:	 	Alan Hills
	Title:	 	Vice President

			
	FIFTH THIRD BANK, A MICHIGAN BANKING CORPORATION
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	FIRST HORIZON BANK, A DIVISION OF FIRST TENNESSEE BANK NATIONAL ASSOCIATION
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	FORTIS CAPITAL CORP.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	 HSBC BANK USA, NATIONAL ASSOCIATION

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	HUA NAN COMMERCIAL BANK LTD., LOS ANGELES BRANCH
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	HUA NAN COMMERCIAL BANK, LTD., NEW YORK AGENCY
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	KBC BANK N.V.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	KEY BANK NATIONAL ASSOCIATION
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	MIZUHO CORPORATE BANK, LTD.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	NATIONAL CITY BANK, A NATIONAL BANKING ASSOCIATION
		
	 By:
	 	  

	 Name:
	 	Amish S. Patel
	 Title:
	 	  

			
	THE NORTHERN TRUST COMPANY
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	REGIONS BANK
		
	 By:
	 	  

	Name:	 	Roberto Munoz
	 Title:
	 	  

			
	SUNTRUST BANK
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	TAIWAN COOPERATIVE BANK SEATTLE BRANCH
		
	 By:
	 	  

	 Name:
	 	Vincent Yang
	 Title:
	 	Vice President and General Manager

			
	UNION BANK OF CALIFORNIA, N.A.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

			
	WACHOVIA BANK, NATIONAL ASSOCIATION
		
	By:	 	  

	Name:	 	John K. Strudwick
	Title:	 	Senior Vice President

			
	WELLS FARGO BANK, N.A.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 Schedule 1.01 
 PRICING SCHEDULE 
  

													
	 APPLICABLE RATE
	  	LEVEL I
STATUS	 	 	LEVEL II
STATUS	 	 	LEVEL III
STATUS	 	 	LEVEL IV
STATUS	 
	 Eurodollar Spread
	  	.625	%	 	.75	%	 	1.00	%	 	1.25	%
	 Commitment Fee Rate
	  	.125	%	 	.15	%	 	.20	%	 	.25	%

 For the purposes of this Schedule, the following terms have the following meanings, subject to the
final paragraph of this Schedule: 
 “Financials” means the annual or quarterly financial statements of the Borrower delivered
pursuant to Section 5.01 of this Agreement. 
 “Level I Status” exists at any date if, as of the last day of the fiscal
quarter of the Borrower referred to in the most recent Financials, the Consolidated Leverage Ratio is less than or equal to 2.00 to 1.00. 
 “Level II Status” exists at any date if, as of the last day of the fiscal quarter of the Borrower referred to in the most recent Financials, (i) the Borrower has not qualified for Level I Status and
(ii) the Consolidated Leverage Ratio is less than to 2.50 to 1.00. 
 “Level III Status” exists at any
date if, as of the last day of the fiscal quarter of the Borrower referred to in the most recent Financials, (i) the Borrower has not qualified for Level I Status or Level II Status and (ii) the Consolidated Leverage Ratio is less
than 3.00 to 1.00. 
 “Level IV Status” exists at any date if the Borrower has not qualified for Level I Status,
Level II Status or Level III Status. 
 “Status” means Level I Status, Level II Status, Level III Status or Level IV Status.

 The Applicable Rate shall be determined in accordance with the foregoing table based on the Borrower’s Status as reflected in the
then most recent Financials. Adjustments, if any, to the Applicable Rate shall be effective five Business Days after the Administrative Agent has received the applicable Financials. If the Borrower fails to deliver the Financials to the
Administrative Agent at the time required pursuant to the Agreement, then the Applicable Rate shall be the highest Applicable Rate set forth in the foregoing table until five Business Days after such Financials are so delivered. Until adjusted after
the Effective Date, Level III Status shall be deemed to exist. 

 Schedule 2.01 
 COMMITMENTS 
  

							
	 Lender
	  	Revolving Commitments	  	Term Commitments
	 JPMorgan Chase Bank, N.A.
	  	$	21,250,000	  	$	63,750,000
	 ABN AMRO Bank N.V.
	  	$	5,000,000	  	$	15,000,000
	 Banca Nazionale del Lavora SpA, New York Branch
	  	$	3,500,000	  	$	10,500,000
	 Banco Bilbao Vizcaya Argentaria S.A.
	  	$	5,000,000	  	$	15,000,000
	 Bank of Communications Co., Ltd., New York Branch
	  	$	1,250,000	  	$	3,750,000
	 Calyon New York Branch
	  	$	13,750,000	  	$	41,250,000
	 Chang Hwa Commercial Bank, Ltd., New York Branch
	  	$	2,500,000	  	$	7,500,000
	 Commercebank, N.A.
	  	$	4,375,000	  	$	13,125,000
	 Fifth Third Bank, A Michigan Banking Corporation
	  	$	3,500,000	  	$	10,500,000
	 First Horizon Bank, a Division of First Tennessee Bank National Association
	  	$	3,500,000	  	$	10,500,000
	 Fortis Capital Corp.
	  	$	5,000,000	  	$	15,000,000
	 The Governor and Company of the Bank of Ireland
	  	$	11,250,000	  	$	33,750,000
	 HSBC Bank USA, National Association
	  	$	11,250,000	  	$	33,750,000
	 Hua Nan Commercial Bank Ltd., Los Angeles Branch
	  	$	2,500,000	  	$	7,500,000
	 Hua Nan Commercial Bank, Ltd., New York Agency
	  	$	1,250,000	  	$	3,750,000
	 KBC Bank N.V.
	  	$	11,250,000	  	$	33,750,000
	 Key Bank National Association
	  	$	16,250,000	  	$	48,750,000
	 Mizuho Corporate Bank, Ltd.
	  	$	11,250,000	  	$	33,750,000
	 National City Bank, a national banking association
	  	$	7,000,000	  	$	21,000,000
	 The Northern Trust Company
	  	$	5,000,000	  	$	15,000,000
	 Regions Bank
	  	$	4,375,000	  	$	13,125,000
	 SunTrust Bank
	  	$	11,250,000	  	$	33,750,000
	 Taiwan Cooperative Bank Seattle Branch
	  	$	2,500,000	  	$	7,500,000
	 Union Bank of California, N.A.
	  	$	11,250,000	  	$	33,750,000
	 Wachovia Bank, National Association
	  	$	13,750,000	  	$	41,250,000
	 Wells Fargo Bank, N.A.
	  	$	11,250,000	  	$	33,750,000
		  	 	 	  	 	 
	 TOTAL
	  	$	200,000,000	  	$	600,000,000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}]]