Document:

EX-10.25

 Exhibit 10.25 

ALDEYRA THERAPEUTICS, INC. 

MANAGEMENT CASH INCENTIVE PLAN 

(AS ADOPTED EFFECTIVE MARCH 16, 2016) 

 TABLE OF CONTENTS 

Page 
  

					
	 ARTICLE 1.
	 	 BACKGROUND AND PURPOSE
	  	1
	 1.1    
	 	 Effective Date
	  	1
	 1.2    
	 	 Purpose of the Plan
	  	1
			
	 ARTICLE 2.
	 	 DEFINITIONS
	  	1
			
	 ARTICLE 3.
	 	 SELECTION OF PARTICIPANTS AND DETERMINATION OF AWARDS
	  	3
	 3.1    
	 	 Selection of Participants
	  	3
	 3.2    
	 	 Determination of Performance Goals
	  	3
	 3.3    
	 	 Determination of Target Awards
	  	3
	 3.4    
	 	 Determination of Payout Formula or Formulae
	  	3
	 3.5    
	 	 Determination of Actual Awards
	  	3
	 3.6    
	 	 Adjustments
	  	4
			
	 ARTICLE 4.
	 	 PAYMENT OF AWARDS
	  	4
	 4.1    
	 	 Right to Receive Payment
	  	4
	 4.2    
	 	 Timing of Payment
	  	4
	 4.3    
	 	 Form of Payment
	  	4
	 4.4    
	 	 Payment in the Event of Death
	  	4
			
	 ARTICLE 5.
	 	 ADMINISTRATION
	  	4
	 5.1    
	 	 Committee Authority
	  	4
	 5.2    
	 	 Decisions Binding
	  	5
	 5.3    
	 	 Delegation by the Committee
	  	5
			
	 ARTICLE 6.
	 	 GENERAL PROVISIONS
	  	5
	 6.1    
	 	 Tax Withholding
	  	5
	 6.2    
	 	 No Effect on Employment
	  	5
	 6.3    
	 	 No Effect on Other Benefits
	  	5
	 6.4    
	 	 Successors
	  	5
	 6.5    
	 	 Nontransferability of Awards
	  	5
			
	 ARTICLE 7.
	 	 DURATION, AMENDMENT AND TERMINATION
	  	5
	 7.1    
	 	 Duration of the Plan
	  	5
	 7.2    
	 	 Amendment, Suspension or Termination
	  	6
			
	 ARTICLE 8.
	 	 LEGAL CONSTRUCTION
	  	6
	 8.1    
	 	 Severability
	  	6
	 8.2    
	 	 Requirements of Law
	  	6
	 8.3    
	 	 Governing Law
	  	6
	 8.4    
	 	 Captions
	  	6
		
	 Appendix A Performance Metrics
	  	7

  
 i 

 ALDEYRA THERAPEUTICS, INC. 

MANAGEMENT CASH INCENTIVE PLAN 

ARTICLE 1. BACKGROUND AND PURPOSE 

1.1 Effective Date. The Plan was adopted by the Committee on the date set forth above, became effective immediately and is not subject
to approval by the Company’s stockholders. 
 1.2 Purpose of the Plan. The Plan is intended to motivate Participants to achieve
excellent short- and long-term financial performance for the Company and its business units. The Plan provides Participants with the opportunity to earn cash incentive awards for the achievement of goals relating to the performance of the Company.

 ARTICLE 2. DEFINITIONS 

The following words and phrases shall have the following meanings, unless a different meaning is plainly required by the context: 

2.1 “Actual Award” means, as to any Performance Period, the actual award (if any) payable to a Participant for the
Performance Period. Each Actual Award is determined by the Payout Formula for the Performance Period, subject to the Committee’s authority under Section 3.5 to increase, eliminate or reduce the award otherwise indicated by the Payout
Formula. 
 2.2 “Affiliate” means any corporation or other entity (including, without limitation, partnerships and joint
ventures) controlled by the Company. 
 2.3 “Base Salary” means, as to any Performance Period, the Participant’s
earned salary during the Performance Period. Base Salary shall be calculated before both (a) deductions for taxes or benefits and (b) deferrals of compensation pursuant to Company-sponsored plans or Affiliate-sponsored plans. 

2.4 “Board” means the Company’s Board of Directors. 

2.5 “Committee” means the Compensation Committee of the Board. 

2.6 “Company” means Aldeyra Therapeutics, Inc. a Delaware corporation, or any successor thereto. 

2.7 “Disability” means a permanent disability, as determined for purposes of the principal long-term disability insurance
plan maintained by the Company for the benefit of the Participant. If there is no such plan, Disability shall be determined in accordance with a policy established by the Committee. 

 2.8 “Employee” means any employee of the Company or of an Affiliate, whether
such employee is so employed when the Plan is adopted or becomes so employed after the adoption of the Plan. 
 2.9 “Fiscal
Quarter” means a fiscal quarter within a Fiscal Year of the Company. 
 2.10 “Fiscal Year” means the fiscal year
of the Company. 
 2.11 “Participant” means, as to any Performance Period, an Employee who has been selected for
participation in the Plan for that Performance Period pursuant to Section 3.1. 
 2.12 “Payout Formula” means, as to
any Performance Period, the formula or payout matrix established by the Committee pursuant to Section 3.4 in order to determine the Actual Awards (if any) to be paid to Participants. The formula or matrix may differ from Participant to
Participant. 
 2.13 “Performance Period” means a Fiscal Year, or any longer or shorter period determined by the Committee.

 2.14 “Performance Goals” means the goal(s) determined by the Committee to be applicable to a Participant for a Target
Award for a Performance Period. As determined by the Committee, the Performance Goal(s) may provide for a targeted level or levels of achievement using the performance criteria specified by the Committee. Such criteria shall be based on one or more
of the performance metrics set forth in Appendix A attached to the Plan. 
 2.15 “Plan” means this Aldeyra
Therapeutics, Inc. Management Cash Incentive Plan, as set forth in this instrument and as hereafter amended from time to time. 
 2.16
“Progress Payment” means a portion of the Target Award or Actual Award determined in accordance with Section 3.5 that has been earned by the Participant as of the end of the Progress Period, based on achievement of the
applicable Performance Goals, and that may be paid to the Participant during the Performance Period. 
 2.17 “Progress
Period” means a period shorter than and within the Performance Period for which a Progress Payment may be made. 
 2.18
“Retirement” means, with respect to any Participant, a Termination of Employment occurring in accordance with a policy or policies established by the Committee from time to time. 

2.19 “Target Award” means the target award payable under the Plan to a Participant for the Performance Period or Progress
Period, as applicable, expressed as a percentage of his or her Base Salary or a specific dollar amount, as determined by the Committee in accordance with Section 3.3. 

  
 2 

 2.20 “Termination of Employment” means a cessation of the employee-employer
relationship between an Employee and the Company or an Affiliate for any reason, including (without limitation) a termination by resignation, discharge, death, Disability, Retirement or the disaffiliation of an Affiliate, but excluding a transfer
from the Company to an Affiliate or between Affiliates. 
 ARTICLE 3. SELECTION OF PARTICIPANTS AND DETERMINATION OF AWARDS 

3.1 Selection of Participants. The Committee shall select the Employees who shall be Participants for any Performance Period. The
Committee also may designate as Participants one or more individuals (by name or position) who are expected to become Employees during a Performance Period. Participation in the Plan is in the sole discretion of the Committee and shall be determined
Performance Period by Performance Period. Accordingly, an Employee who is a Participant for a given Performance Period is in no way assured of being selected for participation in any subsequent Performance Period. 

3.2 Determination of Performance Goals. The Committee shall establish the Performance Goals for each Participant for the Performance
Period. Such Performance Goals shall be set forth in writing and shall be based on one or more of the performance metrics set forth in Appendix A attached to the Plan. Any criteria used may be measured (a) in absolute terms, (b) in
relative terms, including (without limitation) the passage of time and/or against other companies or metrics, (c) on a per-share basis, (d) against the performance of the Company as a whole or against particular segments or products of the
Company and/or (e) on a pre-tax or after-tax basis. Any Performance Goal may be measured on a basis other than generally accepted accounting principles. 

3.3 Determination of Target Awards. The Committee shall establish a Target Award for each Participant for each Performance Period. Such
Target Award shall be set forth in writing. 
 3.4 Determination of Payout Formula or Formulae. The Committee shall establish a
Payout Formula or Formulae for purposes of determining the Actual Award (if any) payable to each Participant. Each Payout Formula shall (a) be in writing, (b) be based on a comparison of actual performance to the Performance Goals,
(c) provide for the payment of a Participant’s Target Award if the Performance Goals for the Performance Period are achieved at the predetermined level and (d) provide for the payment of an Actual Award greater than or less than the
Participant’s Target Award, to the extent the Committee determines that actual performance exceeds or falls below the Performance Goals. 

3.5 Determination of Actual Awards. After the end of each Performance Period or, to the extent that Progress Payments will be made,
after the end of each Progress Period, the Committee shall certify the extent to which the Performance Goals applicable to each Participant for the Performance Period or Progress Period, as applicable, were achieved or exceeded, as determined by the
Committee. The Actual Award for each Participant shall be determined by applying the Payout Formula to the level of actual performance that has been certified by the Committee. Any contrary provision of the Plan notwithstanding, the Committee

  
 3 

 
may (a) reduce or eliminate the Actual Award that otherwise would be payable under the Payout Formula or (b) determine whether or not any Participant will receive an Actual Award or
Progress Payment in the event that the Participant incurs a Termination of Employment before such Actual Award or Progress Payment is to be paid pursuant to Section 4.2. 

3.6 Adjustments. The Committee may adjust the results under any Performance Goal to exclude any of the following events that occurs
during a Performance Period: (a) asset write-downs, (b) litigation, claims, judgments or settlements, (c) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results,
(d) accruals for reorganization and restructuring programs, (e) mergers or acquisitions and (f) any other extraordinary, unusual or non-recurring items. 

ARTICLE 4. PAYMENT OF AWARDS 

4.1 Right to Receive Payment . Each Actual Award or Progress Payment that may become payable under the Plan shall be paid solely from
the general assets of the Company or the Affiliate that employs the Participant (as the case may be), as determined by the Company. No amounts awarded or accrued under the Plan shall be funded, set aside or otherwise segregated prior to payment. The
obligation to pay Actual Awards or Progress Payments under the Plan shall at all times be an unfunded and unsecured obligation of the Company. Participants shall have the status of general creditors of the Company or the Affiliate that employs the
Participant. 
 4.2 Timing of Payment. Subject to Section 3.5, payment of each Actual Award or Progress Payment shall be made as
soon as administratively practicable, but in no event later than two and one-half months after the end of the applicable Performance Period or Progress Period, as the case may be. 

4.3 Form of Payment. Each Actual Award or Progress Payment shall be paid in cash (or its equivalent) in a single lump sum. 

4.4 Payment in the Event of Death. If a Participant dies before receiving an Actual Award or Progress Payment (determined under
Section 3.5) that was scheduled to be paid before his or her death for a prior Performance Period or Progress Period, then the Actual Award or Progress Payment shall be paid to the Participant’s designated beneficiary or, if no beneficiary
has been designated, to the administrator or representative of his or her estate. Any beneficiary designation or revocation of a prior designation shall be effective only if it is in writing, signed by the Participant and received by the Company
prior to the Participant’s death. 
 ARTICLE 5. ADMINISTRATION 

5.1 Committee Authority. The Plan shall be administered by the Committee, subject to Section 5.3. The Committee shall have all
powers and discretion necessary or appropriate to administer the Plan and to control its operation, including (without limitation) the power to (a) determine which Employees shall be granted awards, (b) prescribe the terms and conditions
of the awards, (c) interpret the Plan, (d) adopt such procedures and sub-plans as are necessary or appropriate to permit participation in the Plan by Employees who are foreign nationals or employed outside of the United States,
(e) adopt rules for the administration, interpretation and application of the Plan and (f) interpret, amend or revoke any such rules. 

  
 4 

 5.2 Decisions Binding. All determinations and decisions made by the Committee, the Board
or any delegate of the Committee pursuant to the provisions of the Plan shall be final, conclusive and binding on all persons and shall be given the maximum deference permitted by law. 

5.3 Delegation by the Committee. The Committee, on such terms and conditions as it may provide, may delegate all or part of its
authority and powers under the Plan to one or more directors and/or employees of the Company. 
 ARTICLE 6. GENERAL PROVISIONS 

6.1 Tax Withholding. The Company or an Affiliate, as applicable, shall withhold all required taxes from an Actual Award or Progress
Payment, including any federal, state, local or other taxes. 
 6.2 No Effect on Employment. Nothing in the Plan shall interfere with
or limit in any way the right of the Company or an Affiliate, as applicable, to terminate any Participant’s employment or service at any time, with or without cause. Employment with the Company and its Affiliates is on an at-will basis only.
The Company expressly reserves the right, which may be exercised at any time and without regard to when during or after a Performance Period such exercise occurs, to terminate any individual’s employment with or without cause, and to treat him
or her without regard to the effect that such treatment might have upon him or her as a Participant. 
 6.3 No Effect on Other
Benefits. Except as expressly set forth in a Participant’s employment agreement with the Company, any Actual Awards or Progress Payments under the Plan shall not be considered for the purpose of calculating any other benefits to which such
Participant may be entitled, including (a) any termination, severance, redundancy or end-of-service payments, (b) other bonuses or long-service awards, (c) overtime premiums, (d) pension or retirement benefits or (e) future Base
Pay or any other payment to be made by the Company to such Participant. 
 6.4 Successors. All obligations of the Company and any
Affiliate under the Plan, with respect to awards granted hereunder, shall be binding on any successor to the Company and/or such Affiliate, whether the existence of such successor is the result of a merger, consolidation, direct or indirect purchase
of all or substantially all of the business or assets of the Company or such Affiliate, or any similar transaction. 
 6.5
Nontransferability of Awards. No award granted under the Plan shall be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, other than by will, by the laws of descent and distribution or to the limited extent provided in
Section 4.4. All rights with respect to an award granted to a Participant shall be available during his or her lifetime only to the Participant. 

ARTICLE 7. DURATION, AMENDMENT AND TERMINATION 

7.1 Duration of the Plan. The Plan shall commence on the date specified herein and shall remain in effect thereafter until terminated
pursuant to Section 7.2. 

  
 5 

 7.2 Amendment, Suspension or Termination. The Board or the Committee may amend, suspend or
terminate the Plan, or any part thereof, at any time and for any reason. No award may be granted during any period of suspension or after termination of the Plan. 

ARTICLE 8. LEGAL CONSTRUCTION 

8.1 Severability. In the event any provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity
shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 

8.2 Requirements of Law. The granting of awards under the Plan shall be subject to all applicable laws, rules and regulations, and to
such approvals by any governmental agencies or national securities markets as may be required. 
 8.3 Governing Law. The Plan and all
awards shall be construed in accordance with and governed by the laws of the State of Delaware, without regard to their conflict-of-law provisions. 

8.4 Captions. Captions are provided herein for convenience only and shall not serve as a basis for interpretation or construction of
the Plan. 

  
 6 

 APPENDIX A 

PERFORMANCE METRICS 

The Committee may establish Performance Goals derived from the following metrics: 

 

	 	•	 	Backlog 

  

	 	•	 	Bookings (including annual or total contract value bookings) 

  

	 	•	 	Cash 

  

	 	•	 	Cash and short-term investments 

  

	 	•	 	Cash flow return on investment 

  

	 	•	 	Comparisons with various stock market indices 

  

	 	•	 	Deferred revenue 

  

	 	•	 	Earnings or earnings per share (including earnings before taxes, earnings before interest and taxes or earnings before interest, taxes, depreciation and amortization) 

 

	 	•	 	Expenses or expense reductions 

  

	 	•	 	Free cash flow or free cash flow per share 

  

	 	•	 	Gross profits 

  

	 	•	 	Headcount 

  

	 	•	 	Implementation, completion or attainment of measurable objectives with respect to research, development, products, clinical trials, regulatory approvals, projects or recruiting and maintaining personnel

  

	 	•	 	Market share 

  

	 	•	 	Net income (before or after taxes) 

  

	 	•	 	Operating margin or cash margin 

  

	 	•	 	Operating profit/loss (on a GAAP or non-GAAP basis) 

  

	 	•	 	Pre- or after-tax income (before or after allocation of corporate overhead and bonus) 

  

	 	•	 	Reductions in costs 

  

	 	•	 	Return on equity 

  

	 	•	 	Revenue 

  

	 	•	 	Stock price 

  

	 	•	 	Total expenses 

  

	 	•	 	Total stockholder return 

  

	 	•	 	Working capital 

  

	 	•	 	Increases or growth in any of the foregoing 

  
 7EX-4.4

 Exhibit 4.4 

SECOND AMENDING AGREEMENT to the Amended and Restated Credit Agreement dated as of July 20, 2011, as amended by the First Amending Agreement dated
as of June 14, 2013, entered into in the City of Montreal, Province of Quebec, as of January 28, 2015. 
  

			
	AMONG:	  	VIDÉOTRON LTÉE, a company constituted in accordance with the laws of Quebec, having its registered office at 612 St. Jacques Street, 18th floor, in the
City of Montreal, Province of Quebec (hereinafter called the “Borrower”)
		
	AND:	  	THE LENDERS, AS DEFINED IN THE CREDIT AGREEMENT (the “Lenders”)
		
	AND:	  	ROYAL BANK OF CANADA, AS ADMINISTRATIVE AGENT FOR THE LENDERS, a Canadian bank, having a place of business at 200 Bay Street, 12th floor, South Tower, Royal Bank Plaza, in the City of Toronto, Province of Ontario
(hereinafter called the “Agent”)
		
	AND:	  	HSBC BANK PLC, AS FINNVERA FACILITY AGENT, a bank governed by the laws of England and Wales, having a place of business at 8 Canada Square, Canary Wharf, London, UK, E14 5HQ (hereinafter called the “Finnvera
Facility Agent”)

 WHEREAS the parties hereto are parties to an Amended and Restated Credit Agreement dated as of
July 20, 2011, as amended by the First Amending Agreement dated as of June 14, 2013 (the “Credit Agreement”); 

WHEREAS the Borrower has requested an amendment to the Credit Agreement to increase the permitted unsecured Debt basket of
Section 13.7(i) from $100,000,000 to $250,000,000; 
 WHEREAS the requisite majority of Lenders has agreed with the Borrower to
the amendments contemplated hereby, and as such, the Lenders have complied with the provisions of Section 18.14 and 18.15 of the Credit Agreement, as evidenced by the signature of the Agent on this Agreement; 

NOW THEREFORE, THE PARTIES HERETO AGREE AS FOLLOWS: 
  

	I.	INTERPRETATION 

 All of the words and expressions which are capitalized herein shall have
the meanings ascribed to them in the Credit Agreement unless otherwise indicated herein. 

	II.	AMENDMENTS 

 1. Section 13.7 of the Credit Agreement is amended by replacing the number
“$100,000,000” in clause (i) with the number “$250,000,000”. Consequently, Section 13.7 now provides as follows: 
  

	 	“13.7	Debt and Guarantees 

 Incur or assume Debt, provide Guarantees or render itself
liable in any manner whatsoever, directly or indirectly, for any Indebtedness or obligation whatsoever of another Person, except (a) hereunder for the purposes set forth in Section 3.1; (b) that a member of the VL Group may provide
financial assistance to another member of the VL Group to the extent that the Borrower complies with the provisions of Section 12.12; (c) unsecured Debt not exceeding $75,000,000 under the Tranche B Finnvera credit agreement entered into
among the Borrower, HSBC Bank plc, The Toronto-Dominion Bank, Credit Suisse and Sumitomo Banking Corporation of Canada dated as of November 13, 2009; (d) in connection with Debt incurred or assumed that is secured by Permitted Charges, and
within the limits applicable thereto; (e) in connection with Back-to-Back Transactions and Tax Benefit Transactions including by way of unsecured daylight loans; (f) that the Borrower may incur or assume unsecured Debt by way of Additional
Offerings, and that a member of the VL Group may provide unsecured Guarantees in respect of obligations of the Borrower under any such Debt outstanding at any time, to the extent that the Borrower complies with the applicable Leverage Ratio
calculated on a pro forma basis and, subject to the provisions of Section 9.3, such member has provided a Guarantee under subsection 9.1.1 or provides such a Guarantee contemporaneously with its Guarantee in relation to the Additional
Offering; (g) unsecured Debt by way of Additional Offerings incurred by the Borrower before the Closing Date and listed in Schedule “H” and including, subject to Section 9.3, unsecured Guarantees by members of the VL Group in
respect of obligations of the Borrower under such Debt outstanding at any time; (h) the Borrower may borrow Subordinated Debt from Quebecor Media Inc. in a principal amount outstanding from time to time of up to $500,000,000, with interest at a
rate not exceeding the greater of (y) the three month bankers’ acceptance rate quoted on Reuter’s Services, page CDOR, as at approximately 10:00 a.m. on such day plus 3.0% per annum, or (z) 7% per annum (together with
interest accrued thereon or paid in kind, the “QMI Subordinated Debt”); (i) additional unsecured Debt of up to $250,000,000; (j) in connection with other Subordinated Debt; (k) unsecured daylight loans incurred in
connection with Tax Consolidation Transactions, provided that prior to incurring the daylight loan made at the initiation of any Tax Consolidation Transaction in a minimum amount of $75,000,000, the Agent shall have been informed by the Borrower of
the incurrence of such daylight loan; and (l) unsecured Debt in respect of daylight loans in the ordinary course of business for cash management purposes; provided that, with respect to any of the matters described in paragraphs (c) to
(i)

  
 2. 

 
above inclusive, (A) no Default or Event of Default exists at the time, (B) incurring or assuming such Debt (including by way of providing such Guarantee) will not cause a Default or
Event of Default, and (C) on a pro forma basis, the incurrence or assumption of such Debt would not reasonably be expected to cause the Borrower to breach any of its covenants under Section 12.11 hereof.”. 

 

	III.	EFFECTIVE DATE AND CONDITIONS 

 1. This Second Amending Agreement shall become effective as of
January 28, 2015 (the “Effective Date”), subject to the fulfilment of all conditions precedent set out herein. 
 2. On the Effective
Date, the Credit Agreement shall be modified by the foregoing amendment. The parties hereto agree that the changes to the Credit Agreement set out herein and the execution hereof shall not constitute novation and all the Security shall continue to
apply to the Credit Agreement, as amended hereby, and all other obligations secured thereby. Without limiting the generality of the foregoing and to the extent necessary, (i) the Lenders and the Agent reserve all of their rights under each of
the Security Documents, and (ii) each of the Borrower and the Guarantors obligates itself again in respect of all present and future obligations under, inter alia, the Credit Agreement, as amended hereby. 

3. The Borrower shall pay all fees and costs, including all legal fees associated with this Agreement incurred by the Agent as contemplated and restricted by
the provisions of Section 12.14 of the Credit Agreement. 
 4. All of the representations and warranties of the Borrower contained in Article 11 of the
Credit Agreement (except where qualified in Article 11 as being made as at a particular date) are true and correct on and as of the Effective Date as though made on and as of the Effective Date. 

 

	IV.	MISCELLANEOUS 

 1. All of the provisions of the Credit Agreement that are not amended hereby shall remain
in full force and effect. 
 2. This Agreement shall be governed by and construed in accordance with the Laws of the Province of Quebec. 

3. The parties acknowledge that they have required that the present agreement, as well as all documents, notices and legal proceedings entered into, given or
instituted pursuant hereto or relating directly or indirectly hereto be drawn up in English. Les parties reconnaissent avoir exigé la rédaction en anglais de la présente convention ainsi que de tous documents
exécutés, avis donnés et procédures judiciaires intentées, directement ou indirectement, relativement ou à la suite de la présente convention. 

  
 3. 

 IN WITNESS WHEREOF THE PARTIES HERETO HAVE SIGNED THIS AGREEMENT ON THE DATE AND AT THE PLACE FIRST HEREINABOVE
MENTIONED. 

  
 4. 

			
	VIDÉOTRON LTÉE
		
	Per:	 	 /s/ Hugues Simard

		
	Per:	 	 /s/ Chloé Poirier

									
	ROYAL BANK OF CANADA, as Agent	  		  		  	
					
	Per:	  	 /s/ Rodica Dutka
	  		  		  	
		  	Rodica Dutka	  		  		  	
		  	Manager, Agency	  		  		  	
					
	Per:	  	  
	  		  		  	
				
	THE REVOLVING FACILITY LENDERS:	  		  		  	
			
	ROYAL BANK OF CANADA, as Lender	  		  	NATIONAL BANK OF CANADA
					
	Per:	  	 /s/ Pierre Bouffard
	  		  	Per:	  	 /s/ Luc Bernier

		  	Pierre Bouffard	  		  		  	Luc Bernier
		  	Authorized Signatory	  		  		  	Directeur – Director
					
	Per:	  	  
	  		  	Per:	  	 /s/ François Montigny

		  		  		  		  	François Montigny
		  		  		  		  	Managing Director
			
	THE TORONTO-DOMINION BANK	  		  	BANK OF MONTREAL
					
	Per:	  	 /s/ (signature)
	  		  	Per:	  	 /s/ Sean P. Gallaway

		  		  		  		  	Sean P. Gallaway
		  		  		  		  	Vice President
					
	Per:	  	 /s/ (signature)
	  		  	Per:	  	  

			
	BANK OF AMERICA, N.A., Canada Branch	  		  	CANADIAN IMPERIAL BANK OF COMMERCE
					
	Per:	  	 /s/ Medina Sales de Andrade
	  		  	Per:	  	 /s/ Philippe Boivin

		  	Medina Sales de Andrade	  		  		  	Philippe Boivin
		  	Vice President	  		  		  	Director
					
	Per:	  	  
	  		  	Per:	  	 /s/ Anissa Rabia-Zeribi

		  		  		  		  	Anissa Rabia-Zeribi
		  		  		  		  	Executive Director

									
	THE BANK OF NOVA SCOTIA	  		  	CITIBANK, N.A., Canadian Branch
					
	Per:	  	 /s/ Rob King
	  		  	Per:	  	 /s/ Isabelle Côté

		  	Rob King	  		  	Name:	  	Isabelle Côté
		  	Managing Director	  		  	Title:	  	Authorized Signatory
					
	Per:	  	 /s/ Sean Flinn
	  		  	Per:	  	  

		  	Sean Flinn	  		  		  	
		  	Associate	  		  		  	
			
	CAISSE CENTRALE DESJARDINS	  		  	LAURENTIAN BANK OF CANADA
					
	Per:	  	 /s/ (signature)
	  		  	Per:	  	 /s/ Guylaine Couture

		  		  		  		  	Guylaine Couture
		  		  		  		  	Vice-présidente adjointe
		  		  		  		  	Assistant Vice President
					
	Per:	  	 /s/ (signature)
	  		  	Per:	  	 /s/ Sophie Boucher

		  		  		  		  	Sophie Boucher
		  		  		  		  	Vice President
			
	HSBC BANK CANADA	  		  	GOLDMAN SACHS LENDING PARTNERS LLC
					
	Per:	  	 /s/ (signature)
	  		  	Per:	  	 /s/ Michelle Latzoni

		  		  		  		  	Michelle Latzoni
		  		  		  		  	Authorized Signatory
					
	Per:	  	 /s/ Giancarlo Zito
	  		  	Per:	  	  

		  	Giancarlo Zito #58245	  		  		  	
		  	Associate, Global Banking	  		  		  	
		  	HSBC Bank Canada	  		  		  	
			
	MIZUHO BANK, LTD.	  		  	BANK OF TOKYO – MITSUBISHI UFJ (CANADA)
					
	Per:	  	 /s/ W.M. McFarland
	  		  	Per:	  	 /s/ (signature)

		  	W.M. McFarland	  		  		  	
		  	Senior Vice President Canada Branch	  		  		  	
					
	Per:	  	  
	  		  	Per:	  	  

									
	ICICI BANK CANADA	  		 	 SUMITOMO MITSUI BANKING

CORPORATION OF CANADA

					
	Per:	  	 /s/ Sandeep Goel
	  		 	Per:	  	 /s/ E.R. Langley

		  	Sandeep Goel	  		 		  	E.R. Langley
		  	Senior Vice President &	  		 		  	Senior Vice President
		  	Chief Risk Officer	  		 		  	
		  	ICICI Bank Canada	  		 		  	
					
	Per:	  	 /s/ Lester Fernandes
	  		 	Per:	  	  

		  	Lester Fernandes	  		 		  	
		  	Assistant Vice President	  		 		  	
		  	Corporate Banking	  		 		  	
		  	ICICI Bank Canada	  		 		  	

									
	HSBC BANK PLC, as Finnvera Facility Agent	  	
					
	Per:	  	 /s/ Jeremy Causton
	  		  		  	
		  	Jeremy Causton	  		  		  	
		  	Authorised Signatory	  		  		  	
					
	Per:	  	  
	  		  		  	
				
	THE FINNVERA TERM FACILITY LENDERS:	  		  		  	
			
	HSBC BANK PLC	  		  	THE TORONTO-DOMINION BANK
					
	Per:	  	 /s/ Mark Looi
	  		  	Per:	  	 /s/ (signature)

		  	Mark Looi	  		  		  	
		  	Director	  		  		  	
		  	38368A	  		  		  	
					
	Per:	  	  
	  		  	Per:	  	 /s/ (signature)

				
	 SUMITOMO MITSUI BANKING

CORPORATION OF CANADA
	  		  		  	
					
	Per:	  	 /s/ E.R. Langley
	  		  		  	
		  	E.R. Langley	  		  		  	
		  	Senior Vice President	  		  		  	
					
	Per:	  	  
	  		  		  	

 The undersigned acknowledge having taken cognizance of the provisions of the foregoing Second Amending Agreement
and agree that the Guarantees and Security executed by them (A) remain enforceable against them in accordance with their terms, and (B) continue to guarantee or secure, as applicable, all of the obligations of the Persons specified in such
Guarantees and Security Documents in connection with the Credit Agreement as defined above, and as amended hereby: 
  

									
	9293-6707 QUÉBEC INC.	  		 	9227-2590 QUÉBEC INC.
					
	Per:	  	 /s/ Hugues Simard
	  		 	Per:	  	 /s/ Hugues Simard

					
	Per:	  	 /s/ Chloé Poirier
	  		 	Per:	  	 /s/ Chloé Poirier

			
	9230-7677 QUÉBEC INC.	  		 	8487782 CANADA INC.
					
	Per:	  	 /s/ Hugues Simard
	  		 	Per:	  	 /s/ Hugues Simard

					
	Per:	  	 /s/ Chloé Poirier
	  		 	Per:	  	 /s/ Chloé Poirier

			
	VIDEOTRON L.P., represented by	  		 	VIDEOTRON G.P.
	its general partner 9230-7677 QUÉBEC INC.	  		 	
					
	Per:	  	 /s/ Hugues Simard
	  		 	Per:	  	 /s/ Hugues Simard

					
	Per:	  	 /s/ Chloé Poirier
	  		 	Per:	  	 /s/ Chloé Poirier

			
	VIDÉOTRON INFRASTRUCTURES INC.	  		 	
					
	Per:	  	 /s/ Hugues Simard
	  		 		  	
					
	Per:	  	 /s/ Chloé Poirier

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00256-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00256-of-00352.parquet"}]]