Document:

Certificate of Designation for A-2 preferred stock

 Exhibit 4.6 
  

DI ACQUISITION CORP. 
  
 CERTIFICATE OF DESIGNATIONS OF 
 SERIES A-2
PREFERRED STOCK 
  
 DI ACQUISITION CORP. (the
“Corporation”), a corporation organized and existing under the General Corporation Law of the State of Delaware (“DGCL”), does hereby certify that, pursuant to authority conferred upon the Board of Directors of the
Corporation (the “Board”) by the Corporation’s Articles of Incorporation, and pursuant to Sections 151 of the DGCL, the Board adopted resolutions (i) authorizing a series of the Corporation’s preferred stock, par value
$0.01 per share, and (ii) providing for the designations, preferences and relative, participating, optional or other rights, and the qualifications, limitations or restrictions thereof, of 300,000 shares of Series A-2 Preferred Stock of the
Corporation, as follows: 
  
 RESOLVED, that the Corporation is
authorized to issue 300,000 shares of Series A-2 Preferred Stock (the “Series A-2 Preferred Stock”), which shall have the following powers, designations, preferences and other special rights: 
  
 1. Ranking. The Series A-2 Preferred Stock, with respect to dividend
distributions and distributions upon a Liquidation Event (as hereinafter defined) shall rank (i) equal to and on a parity with the Series A-1 Preferred Stock of the Corporation (the “Series A-1 Preferred Stock,” and together with
the Series A-2 Preferred Stock, the “Series A Preferred Stock”), (ii) senior to all classes of common stock of the Corporation (including the common stock, par value $0.01 per share, of the Corporation (the “Common
Stock”)), and (iii) other than the Series A-1 Preferred Stock, to which the Series A-2 Preferred Stock shall rank pari passu, senior to any other class of capital stock or series of preferred stock established after the Series A-2
Issuance Date (as hereinafter defined) by the Corporation. All classes of common stock of the Corporation and any other class of capital stock or series of preferred stock established after the Series A-2 Issuance Date to which the Series A
Preferred Stock is senior, are collectively referred to herein as “Junior Securities”. 
  
 2. Dividend Provisions. The holders of shares of Series A-2 Preferred Stock shall be entitled to receive dividends, pro rata among
the holders of the Series A-2 Preferred Stock in proportion to the number of shares of Series A-2 Preferred Stock owned by each such holder, prior and in preference to any declaration or payment of any dividend on any Junior Securities, and pari
passu with the declaration or payment of any dividend on any Equity Interests of the Corporation that are pari passu with the Series A-2 Preferred Stock as to liquidation, dissolution or winding up (the “Pari Passu
Securities”), at the rate of 13.0% of the Series A-2 Liquidation Preference Payment (as hereinafter defined) per annum (adjusted for any subdivisions, combinations, consolidations or stock distributions or stock dividends with respect to
such shares). Dividends on the Series A-2 Preferred Stock shall be cumulative, shall compound semi-annually and shall accrue daily from the date that any shares of Series A-2 Preferred Stock are first issued (the “Series A-2 Issuance
Date”) until paid. 

 3. Liquidation Preference.  
  
 (a) In the event of any liquidation, dissolution or winding up of the Corporation or other event described in Section 3(b)
hereof (a “Liquidation Event”), whether voluntary or involuntary, the holders of shares of Series A-2 Preferred Stock shall be entitled to receive, prior and in preference to any payment or distribution of any of the assets or
surplus funds of the Corporation to the holders of any Junior Securities, by reason of their ownership thereof, an amount per share equal to the sum of (i) $1,000 per share (the “Series A-2 Issuance Price”) and (ii) an amount equal
to all accrued and/or declared but unpaid dividends on such share, computed to the date payment thereof is made (together with the Series A-2 Issuance Price, the “Series A-2 Liquidation Preference Payment”). If upon the occurrence
of any Liquidation Event, the assets and funds to be distributed among the holders of Series A-2 Preferred Stock shall be insufficient to permit the payment to such holders of the full aforesaid preferential amounts, then the entire assets and funds
of the Corporation legally available for distribution shall be distributed pro rata among the holders of Series A-2 Preferred Stock and any Pari Passu Securities, ratably in proportion to the respective amounts that would be payable to
such holders if such assets were sufficient to permit payment in full. 
  
 (b) For purposes of this Certificate of Designations, a sale, conveyance, transfer, license, lease, abandon or other disposition or transfer of all or substantially all of the assets of the Corporation, in one or more
related transactions shall be deemed a Liquidation Event of the Corporation. 
  
 (c) In the event the Corporation proposes to distribute assets other than cash in connection with any Liquidation Event, the value of the assets to be distributed to the holder of shares of Series A-2 Preferred Stock,
the Pari Passu Securities and the Junior Securities shall be the Fair Value (the “Fair Value”). The Fair Value of any securities not subject to investment letter or similar restrictions on free marketability shall be as follows:

  
 (i) if traded on a securities exchange, the average of the
security’s closing prices on such exchange over the thirty (30) day period ending one (1) day prior to the distribution; 
  
 (ii) if actively traded over-the-counter, the average of the closing bid prices over the thirty (30) day period ending three (3) days prior to the
distribution; and 
  
 (iii) if neither clause (i) nor clause (ii)
apply, the Fair Market Value. 
  
 The Fair Value of securities
subject to investment letter or similar restrictions on free marketability shall be adjusted to make an appropriate discount from the market value determined as above in clauses (i), (ii) or (iii) to reflect the Fair Value thereof. The holders of at
least a majority of the outstanding Series A-2 Preferred Stock shall have the right to challenge any determination by the Board of Fair Value (including without limitation, any determination of Fair Market Value) pursuant to this Section 3(c), in
which case the determination of Fair Market Value shall be made by an independent appraiser selected jointly by the Board and the challenging parties, the cost of such appraisal to be borne equally by the Corporation and the challenging parties.

  

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 4. Redemption. 
  
 (a) Optional Redemption. Subject to the restrictions set forth in Section 4(d) hereof, at any time and from time to
time after the Series A-2 Issuance Date, the Corporation shall have the right to redeem, at the option of the Board, all or any portion (in increments of not less than $5,000,000) of the outstanding shares of Series A-2 Preferred Stock (the
“Redemption Date”), in cash, out of any assets of the Corporation legally available therefore, at a price per share equal to the Series A-2 Liquidation Preference Payment plus a premium equal to the percentage of the Series A-2
Issuance Price (the “Redemption Price”) set forth below: 
  

					
	 Redemption Occurs
 On or
After

	  	 But Prior to

	  	Premium

	 Series A-2 Issuance Date
	  	Second Anniversary	  	10.0%
	 Second Anniversary
	  	Third Anniversary	  	8.0%
	 Third Anniversary
	  	Fourth Anniversary	  	6.0%
	 Fourth Anniversary
	  	Fifth Anniversary	  	4.0%
	 Fifth Anniversary
	  	Sixth Anniversary	  	2.0%
	 Sixth Anniversary
	  	 	  	0.0%

  
 Notwithstanding the foregoing, in the
event that the Corporation consummates an IPO within three (3) years of the Series A-2 Issuance Date and a portion of the IPO proceeds are used to redeem the Series A-2 Preferred Stock in full, the Redemption Price shall be at a price per share
equal to the Series A-2 Liquidation Preference Payment plus a premium equal to 3.0% of the Series A-2 Issuance Price. 
  
 (b) Mandatory Redemption. On the tenth Anniversary of the Series A-2 Issuance Date, the Corporation shall redeem all, but not less than all, of the
shares of the Series A-2 Preferred Stock out of funds legally available therefor, at a price equal to the Series A-2 Liquidation Preference Payment in effect on the date of redemption; provided, that if the Corporation does not have sufficient
legally available funds for the redemption of all of the outstanding Series A Preferred Stock at that time, it shall redeem the maximum number of shares of Series A Preferred Stock that it then has legally available funds to redeem, ratably in
accordance with Section 4(c) hereof, and shall thereafter redeem the remainder of the Series A Preferred Stock as soon as it has sufficient legally available funds to do so, ratably in accordance with Section 4(c) hereof. 
  
 (c) Mechanics of Redemption. At least 5 business days but not more
than 60 days prior to the Redemption Date, written notice (the “Redemption Notice”) shall be given by the Corporation by mail, postage prepaid, or by facsimile or email transmission, to each holder of record (at the close of
business on the business day next preceding the day on which the Redemption Notice is given) of shares of Series A-2 Preferred Stock notifying such holder of the redemption and specifying the Redemption Price, the Redemption Date and the place where
said Redemption Price shall be payable. The Redemption Notice shall be addressed to each holder at its address as shown by the records of the Corporation. From and after the close of business on the Redemption Date, all rights of holders of such
shares of Series A-2 Preferred Stock subject to redemption (except the right to receive the Redemption Price) shall cease with respect to such shares, and such shares shall not thereafter be transferred on the books of the Corporation or be

  

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 deemed to be outstanding for any purpose whatsoever; provided, however, that if the Redemption Price is not paid in full
on the Redemption Date, then all of the rights of holders of the Series A-2 Preferred Stock provided herein shall be reinstated in full until such time as the Redemption Price is paid in full. Any shares of Series A-2 Preferred Stock redeemed
pursuant to this Section 4 or otherwise acquired by the Corporation in any manner whatsoever shall be canceled and shall not under any circumstances be reissued; and the Corporation may from time to time take such appropriate corporate action as may
be necessary to reduce accordingly the number of authorized shares of Series A-2 Preferred Stock; and the shares of Series A-2 Preferred Stock not redeemed, if any, shall remain outstanding and shall be entitled to all rights and preferences
provided herein. Any redemption of the Series A Preferred Stock pursuant to Section 4(a) or Section 4(b) hereof, and pursuant to Section 4(a) or Section 4(b) of the Certificate of Designations for the Series A-1 Preferred Stock, shall be allocated
to all Series A Preferred Stock at the time outstanding in proportion to the respective outstanding Series A-2 Liquidation Preference Payment and Series A-1 Liquidation Preference Payment (as such term is defined in the Certificate of Designations
for Series A-1 Preferred Stock) thereof. The Corporation will not redeem or otherwise acquire any shares of Series A-1 Preferred Stock unless the Corporation concurrently redeems or acquires a pro rata amount of the Series A-2 Preferred Stock on the
same terms. 
  
 (d) Restrictions on Redemptions. No shares
of Series A-2 Preferred Stock shall be redeemed in whole or in part under Section 4 hereof at any time that such redemption is prohibited by the DGCL. 
  
 5. Offer to Purchase. 
  
 (a) Promptly after the occurrence of a Change of Control (as hereinafter defined) (the date of such occurrence being the “Offer Date”),
the Corporation shall commence (or cause to be commenced) an offer to purchase for cash all outstanding shares of Series A-2 Preferred Stock pursuant to the terms described in Section 5(b) below (the “Offer”) at a purchase price per
share equal to the applicable Redemption Price, and shall purchase (or cause the purchase of) any shares of Series A-2 Preferred Stock tendered in the Offer pursuant to the terms hereof. 
  
 (b) Within 5 days following the date on which a Change in Control has occurred, the Corporation shall send, by first-class
mail, postage prepaid, a notice to each holder of Series A-2 Preferred Stock. Such notice shall contain all instructions and materials necessary to enable such holders to tender Series A-2 Preferred Stock pursuant to the Offer. Such notice shall
state: 
  
 (i) that a Change of Control has occurred; 

 
 (ii) the Redemption Price and the purchase date (which must be no earlier
than 30 days nor later than 60 days from the date such notice is mailed, other than as may be required by law) (the “Payment Date”); 
  
 (iii) that any shares of Series A-2 Preferred Stock not tendered will remain outstanding and shall be entitled to all rights and preference provided
herein; 
  

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 (iv) that, unless the Corporation defaults in making payment therefor, any share of Series A-2 Preferred
Stock accepted for payment pursuant to the Offer shall cease to accrue dividends after the Payment Date; 
  
 (v) that holders electing to have any share of Series A-2 Preferred Stock purchased pursuant to the Offer will be required to surrender stock certificates
representing such shares of Series A-2 Preferred Stock, properly endorsed for transfer, together with such other customary documents as the Corporation may reasonably request at the address specified in the notice prior to the close of business on
the business day prior to the Payment Date; and 
  
 (vi) that
holders who tender only a portion of the shares of Series A-2 Preferred Stock represented by a certificate delivered will, upon purchase of the shares tendered, be issued a new certificate representing the unpurchased shares of Series A-2 Preferred
Stock. 
  
 (c) The Corporation will comply with any tender offer
rules under the Exchange Act, which then may be applicable in connection with any offer made by the Corporation to repurchase the shares of Series A-2 Preferred Stock as a result of a Change of Control. To the extent that the provisions of any
securities laws or regulations conflict with provisions of this Certificate of Designations, the Corporation shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligation under this
Certificate of Designations by virtue thereof. 
  
 (d) On the
Payment Date, the Corporation shall (i) accept for payment the shares of Series A-2 Preferred Stock validly tendered pursuant to the Offer, (ii) pay to the holders of shares so accepted the purchase price therefor in cash and (iii) cancel each
surrendered certificate and retire the shares represented thereby that were validly tendered pursuant to the Offer. Unless the Corporation defaults in the payment for the shares of Series A-2 Preferred Stock tendered pursuant to the Offer, as of the
Payment Date dividends will cease to accrue with respect to the shares of Series A-2 Preferred Stock tendered and all rights of holders of such tendered shares will terminate, except for the right to receive payment therefor on the Payment Date.

  
 (e) The holder of a share of Series A-2 Preferred Stock shall
deliver, prior to the close of business on the fifth business day prior to the Payment Date, written notice to the Corporation (or an agent designated by the Corporation for such purpose) whether such holder accepts or rejects such Offer. The
failure of a holder of Series A-2 Preferred Stock to respond to such Offer shall be deemed to constitute an acceptance of such Offer by such holder. 
  
 6. Voting Rights. Except as specifically set forth herein or in the DGCL, the holders of shares of Series A-2 Preferred Stock shall not be entitled
to any voting rights with respect to any matters voted upon by stockholders of the Corporation. To the extent that the holders of shares of Series A-2 Preferred Stock shall be entitled, by reason of the terms hereof or the DGCL, to any voting rights
with respect to any matters to be voted upon by any class or group of stockholders of the Corporation, the holders of shares of Series A-2 Preferred Stock shall be entitled to the number of votes per share of Series A-2 Preferred Stock equal to the
number of votes per share of the Common Stock of the Corporation at the record date for 
  

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 determination of the stockholders entitled to vote on such matters, or, if no such record date is established, at the
date such vote is taken or any written consent of stockholders is solicited, such votes to be counted together with all other shares of stock of the Corporation having general voting power and not counted separately as a class, unless otherwise
required by the express provisions hereof or by applicable law. 
  
 7. Protective Provisions. 
  
 (a) The Corporation
shall not, and shall not permit DynCorp International LLC (“DI”) or any of the Restricted Subsidiaries to, without the affirmative vote or written consent of the holders of a majority of the then outstanding shares of Series A-2
Preferred Stock, voting or consenting as a separate class: 
  
 (i) Make any Restricted Payment. Notwithstanding anything to the contrary set forth herein, the foregoing provisions of Section 7(a)(i) will not require the vote or consent of any holders of the outstanding shares of Series A-2 Preferred
Stock for: 
  
 (A) the repurchase, redemption, defeasance or
other acquisition or retirement for value of Junior Securities with the net cash proceeds from a substantially concurrent incurrence of Permitted Refinancing; 
  

(B) so long as no Non-Compliance Event has occurred and is continuing or would be caused thereby, the repurchase, redemption or other acquisition or
retirement for value of any Equity Interests of the Corporation, DI or any Restricted Subsidiary held by any current or former officer, director, consultant or employee of the Corporation, DI or any of the Restricted Subsidiaries, and any dividend
payment or other distribution by the Corporation, DI or a Restricted Subsidiary to a direct or indirect parent holding company of the Corporation utilized for the repurchase, redemption or other acquisition or retirement for value of any Equity
Interests of such direct or indirect parent holding company held by any current or former officer, director, employee or consultant of the Corporation, DI or any Restricted Subsidiaries or in each case, to the extent applicable, their respective
estates, spouses, former spouses or family members, in each case, pursuant to any equity subscription agreement, stock option agreement, shareholders’ agreement or similar agreement or benefit plan of any kind; provided that the aggregate price
paid for all such repurchased, redeemed, acquired or retired Equity Interests may not exceed $1,000,000 in any calendar year period (with unused amounts in any immediately preceding calendar year being carried over to the succeeding calendar year
subject to a maximum carry-over amount of $2,000,000 in any calendar year); provided further that such amount in any calendar year may be increased by an amount not to exceed: 
  
 (1) the cash proceeds from the sale of Equity Interests of the Corporation and, to the extent contributed to the
Corporation as common equity capital, Equity Interests of any of the Corporation’s direct or indirect parent entities, in each case to members of management, directors or consultants of the Corporation, any of its Subsidiaries or any of its
direct or indirect parent entities that occurs after the Series A-2 Issuance Date, plus 
  
 (2) the cash proceeds of key man life insurance policies received by the Corporation and its Subsidiaries after the Series A-2 Issuance Date, less 
  

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 (3) the amount of any Restricted Payments previously made pursuant to clauses (1) and (2) of this clause
(B); 
  
 (C) the repurchase of Equity Interests deemed to occur
upon the exercise of stock options or warrants to the extent such Equity Interests represent a portion of the exercise price of those stock options or warrants; 
  

(D) Permitted Payments to Parent; and 
  
 (E) so long as no Non-Compliance Event has occurred and is continuing or would be caused thereby, other Restricted Payments in an aggregate amount not to
exceed $15,000,000 since the Series A-2 Issuance Date. 
  
 The
amount of all Restricted Payments (other than cash) will be the Fair Market Value on the date of the Restricted Payment of the asset(s) or securities proposed to be transferred or issued by the Corporation or DI, as the case may be, pursuant to the
Restricted Payment. The Fair Market Value of any assets or securities that are required to be valued by this covenant will be determined by the Board whose resolution with respect thereto will be delivered to each holder of Series A-2 Preferred
Stock. The Board’s determination must be based upon an opinion or appraisal issued by an accounting, appraisal or investment banking firm of national standing if the Fair Market Value of any Restricted Payment or series of related Restricted
Payments exceeds $15,000,000. 
  
 (ii) Engage in any
reclassification, recapitalization or other change in respect of any shares of capital stock of the Corporation or DI. 
  
 (iii) Amend, alter, change, repeal or waive any provision of its Certificate of Incorporation (whether by way of a Certificate of Designations or
otherwise) or Limited Liability Company Agreement, as applicable, or this Certificate of Designations or its respective By-laws in any manner (whether by merger, consolidation or otherwise) that would adversely affect the rights, preferences or
privileges of the Series A-2 Preferred Stock, including without limitation, increasing the rights, preferences or privileges of the Series A-1 Preferred Stock relative to the rights, preferences or privileges of the Series A-2 Preferred Stock;

  
 (iv) Create, incur, issue, assume, guarantee or otherwise
become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt) and no Restricted Subsidiary will issue any shares of preferred stock (other than
preferred stock that does not pay cash dividends, and is not redeemable while shares of Series A-2 Preferred Stock are outstanding); provided, however, the Corporation, DI and the Restricted Subsidiaries may incur Indebtedness
(including Acquired Debt), and with respect to Restricted Subsidiaries, issue preferred stock, if the Indebtedness/EBITDA Ratio for the Corporation, for the most recently ended period of four fiscal quarters for which internal financial statements
are available immediately preceding the date on which such additional Indebtedness is incurred or such preferred stock is issued, as the case may be, would have been less than 7.5 to 1.0, determined on a pro forma basis (including pro forma
application of the net proceeds therefrom), as if such additional Indebtedness had been incurred or such preferred stock issued, as the case may be at the beginning of such four-quarter 
  

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 period; provided, further, however, that the provisions of this Section 7(a)(iv) shall not require
the vote or consent of any holders of the outstanding shares of any Series A-2 Preferred Stock for the incurrence by the Corporation, DI or Restricted Subsidiaries of Permitted Indebtedness and/or Permitted Refinancing Indebtedness. 
  
 (v) Permit a Change of Control, unless the Corporation consummates the offer
to repurchase obligations of the Corporation pursuant to Section 5 hereof in connection therewith. 
  
 (vi) Enter into or consummate any Asset Sale unless (A) the Corporation, DI or any Restricted Subsidiary, as the case may be, receives consideration at
the time of such Asset Sale at least equal to the Fair Market Value of the assets or Equity Interests issued or sold or otherwise disposed of, (B) at least 75% of the consideration received by the Corporation , DI or such Restricted Subsidiary is in
the form of cash or Cash Equivalents, and (C) to the extent that not all of the Net Cash Proceeds from such Asset Sale are applied by the Corporation, DI or the applicable Restricted Subsidiary, as the case may be, within 365 days following the
receipt of such Net Cash Proceeds, to the extent the Corporation, DI or the applicable Restricted Subsidiary, as the case may be, elects, (1) to repay Indebtedness (and, if such Indebtedness repaid is revolving credit Indebtedness, to
correspondingly reduce commitments with respect thereto), (2) to acquire (including by way of merger or consolidation) all or substantially all of the assets of, or a majority of the voting securities of, another Permitted Business, (3) to make
capital expenditures, or (4) to acquire other assets that are not classified as current assets under GAAP and that are used or useful in a Permitted Business, the amount of Net Cash Proceeds not so applied (the “Excess Proceeds”)
shall, in the case of Excess Proceeds realized by the Corporation, be used by the Corporation to redeem the outstanding shares of the Series A-2 Preferred Stock in accordance with the procedures set forth in Section 4 and, in the case of Excess
Proceeds realized by DI or a Restricted Subsidiary, such Excess Proceeds shall be provided to the Corporation by DI or the applicable Restricted Subsidiary, as the case may be, by way of payment of dividends to, or the making of loans to, any direct
or indirect parent in order to permit the Corporation to effectuate such redemption by the Corporation; provided, however, that if any Excess Proceeds remain after consummation of the redemption of all of the outstanding shares of the
Series A-2 Preferred Stock, the Corporation may use such Excess Proceeds for any purpose not otherwise prohibited by the terms of this Certificate of Designations. 
  
 For the purposes of Section 7(a)(vi), the following shall be deemed to be cash: (A) the amount of any liabilities, as shown
on the Corporation’s most recent balance sheet or in the notes thereto, of the Corporation, DI or any Restricted Subsidiary that are assumed by the transferee of any such assets; (B) Replacement Assets; (C) any securities, notes or other
obligations received by the Corporation, DI or any such Restricted Subsidiary from such transferee that are, within 180 days of the Asset Sale, converted by the Corporation, DI or such Restricted Subsidiary into cash or Cash Equivalents (to the
extent of the cash or Cash Equivalents received in that conversion); (D) property received as consideration for such Asset Sale that would otherwise constitute a permitted application of Net Cash Proceeds (or other cash in such amount) under Section
7(a)(vi)(C)(2) or (4) above; and (E) any Designated Noncash Consideration received by the Corporation, DI or any Restricted Subsidiary in such Asset Sale having a Fair Market Value, taken together with all other Designated Noncash Consideration

  

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 received pursuant to this clause (E) that is at that time outstanding, not to exceed $2,500,000 at the time of receipt of
such Designated Noncash Consideration, with the Fair Market Value of each item of Designated Noncash Consideration being measured at the time received without giving effect to subsequent changes in value. 
  
 (vii) Make any payment to, or sell, lease, transfer or otherwise dispose of
any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction, contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate of the Corporation
(each, an “Affiliate Transaction”), unless: (A) the Affiliate Transaction is on terms that are no less favorable to the Corporation, DI or the relevant Restricted Subsidiary (as applicable) than those that would have been obtained
in a comparable transaction by the Corporation, DI or such Restricted Subsidiary (as applicable) with a Person that is not an Affiliate; and (B) the Corporation delivers to each holder of Series A-2 Preferred Stock: (1) with respect to any Affiliate
Transaction or series of related Affiliate Transactions involving aggregate consideration in excess of $1,000,000, a resolution of the Board set forth in an officers’ certificate certifying that such Affiliate Transaction complies with this
covenant and that such Affiliate Transaction has been approved by a majority of the disinterested members of the Board; and (2) with respect to any Affiliate Transaction or series of related Affiliate Transactions involving aggregate consideration
in excess of $15,000,000 (other than transactions with Affiliates in connection with joint venture, joint bidding, joint marketing or other similar arrangements), an opinion as to the fairness to the Corporation or DI of such Affiliate Transaction
from a financial point of view issued by an accounting, appraisal or investment banking firm of national standing. 
  
 Notwithstanding the foregoing, the following items will not be deemed to be Affiliate Transactions and, therefore, will not be subject to the provisions
of the prior paragraph: 
  
 (A) any consulting or employment
agreement, employee benefit plan, officer or director indemnification agreement or any similar arrangement entered into by the Corporation, DI or any of the Restricted Subsidiaries with any director or officer in the ordinary course of business and
payments pursuant thereto; 
  
 (B) transactions between or among
the Corporation, DI and/or its Subsidiaries; 
  
 (C) transactions
with a Person (other than a Subsidiary of DI that is not a Restricted Subsidiary) that is an Affiliate of the Corporation solely because the Corporation owns, directly or through a Subsidiary, an Equity Interest in, or controls, such Person;

  
 (D) payment of reasonable directors’ fees to Persons who
are not otherwise Affiliates of the Corporation; 
  
 (E) any
issuance of Equity Interests (other than Disqualified Stock) of the Corporation to Affiliates of the Corporation; 
  

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 (F) Restricted Payments that do not violate the provisions of Section 7(a)(i); 
  
 (G) payment of management fees not in excess of $300,000 per annum to the
Permitted Holder; 
  
 (H) loans or advances to employees in the
ordinary course of business not to exceed $1,000,000 in the aggregate at any one time outstanding; 
  
 (I) Permitted Parent Payments; and 
  
 (J) transactions with a joint venture engaged in a Permitted Business; provided that all the outstanding ownership interests of such joint venture are
owned only by the Corporation, its Restricted Subsidiaries and Persons that are not Affiliates of the Corporation. 
  
 (viii) Engage in any business other than Permitted Businesses, except to such extent as would not be material to the Corporation, DI and the Restricted
Subsidiaries taken as a whole. 
  
 (ix) Issue or create any
Disqualified Stock or any other equity security or interest which ranks pari passu with or has priority over the Series A-2 Preferred Stock as to dividends, liquidation rights or otherwise or is in any way senior in right of payment to the
Series A-2 Preferred Stock, other than the Series A-1 Preferred Stock issued on the Series A-2 Issuance Date, which shall rank pari passu with the Series A-2 Preferred Stock. 
  
 (x) Directly or indirectly (and applicable only to the Corporation): (a) consolidate or merge with or into another Person
(whether or not the Corporation is the surviving corporation); or (b) sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of the properties or assets of the Corporation, DI and the Restricted Subsidiaries, taken as
a whole, in one or more related transactions, to another Person, unless: 
  
 (A) either: (1) the Corporation is the surviving corporation; or (2) the Person formed by or surviving any such consolidation or merger (if other than the Corporation) or to which such sale, assignment, transfer,
conveyance or other disposition has been made is an entity organized or existing under the laws of the United States, any state of the United States or the District of Columbia; 
  
 (B) the Person formed by or surviving any such consolidation or merger (if other than the Corporation) or the Person to
which such sale, assignment, transfer, conveyance or other disposition has been made assumes all the obligations of the Corporation under this Certificate of Designations; 
  
 (C) immediately after such transaction, a Non-Compliance Event does not exist (other than a Non-Compliance Event as a
result of non-compliance with Section 7(a)(iv) in which case Section 7(a)(x)(D) shall apply); and 
  

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 (D) the Corporation or the Person formed by or surviving any such consolidation or merger (if other than
the Corporation), or to which such sale, assignment, transfer, conveyance or other disposition has been made would, on the date of such transaction after giving pro forma effect thereto and any related financing transactions as if the same had
occurred at the beginning of the applicable four-quarter period have an Indebtedness/EBITDA Ratio that is not greater than 7.5 to 1.0. 
  
 This restrictions set forth in this paragraph will not apply to a merger of the Corporation with an Affiliate solely for the purpose of reincorporating
the Corporation in another jurisdiction within the United States. The restrictions set forth in clauses (c) and (d) of this paragraph will not apply to any consolidation or merger, or any sale, assignment, transfer, conveyance, lease or other
disposition of assets between or among the Corporation and the Restricted Subsidiaries. 
  
 (xi) Enter into any contract, agreement, commitment or understanding with respect to any of the foregoing clauses (i) through (x). 
  
 8. Non-Compliance Event. A “Non-Compliance Event” shall occur if (i) the Corporation fails to comply
with any of its obligations set forth in Section 7 or (ii) if Veritas sells or transfers to any Person, other than an Affiliate, any of the shares of Parent held by it (or if any such Affiliate sells or transfers to any Person, other than an
Affiliate of Veritas, any shares of Parent sold or transferred to it by Veritas), and shall continue until the Corporation or Permitted Holder cures the event or circumstances giving rise to such non-compliance. If a Non-Compliance Event shall occur
and be continuing, the dividend rate as referenced in Section 2 shall increase to 15% of the Series A-2 Liquidation Preference Payment per annum; provided, that upon the cure or waiver of such Non-Compliance Event, the dividend rate as referenced in
Section 2 shall revert to 13% of the Series A-2 Liquidation Preference Payment per annum. 
  
 9. Severability of Provisions. Whenever possible, each provision of this Certificate of Designations shall be interpreted in a manner as to be effective and valid under applicable law, but if any provision
hereof is held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating or otherwise adversely affecting the remaining provisions hereof. If a
court of competent jurisdiction should determine that a provision hereof would be valid or enforceable if a period of time were extended or shortened or a particular percentage were increased or decreased, then such court may make such change as
shall be necessary to render the provision in question effective and valid under applicable law. 
  
 10. Amendment, Waiver or Discharge. Except as otherwise expressly provided herein, neither this Certificate of Designations nor any term hereof may
be amended, waived, modified, discharged or terminated without the written consent or affirmative vote of the holders of a majority of the outstanding shares of Series A-2 Preferred Stock. Notwithstanding anything to the contrary contained herein,
no provision of this Certificate of Designations that applies to any person or entity specifically designated by name shall be amended, waived, discharged or terminated without the written consent of such named person or entity. 
  

 11 

 11. Information and Access Rights. 
  
 (a) Information Rights. Each holder of Series A-2 Preferred Stock that, together with its Affiliates, holds an
aggregate number of shares of Series A-2 Preferred Stock with an aggregate Series A-2 Issuance Price at such time that is greater than $5,000,000 will have the right to receive (i) within fifteen (15) days after they are or would have been required
to be contained in a filing with the Commission, all quarterly and annual financial information that would be required to be contained in a filing with the Commission on Forms 10-Q and 10-K if the Corporation were required to file such Forms,
including a “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and, with respect to the annual information only, a report on the annual financial statements by the Corporation’s certified
independent accountants; (ii) within five (5) days after they are or would have been required to be contained in a filing with the Commission, all current reports that would be required to be filed with the Commission on Form 8-K if the Corporation
were required to file such reports; (iii) the annual consolidated business plan of the Corporation and its Subsidiaries, and (iv) notice of any event of default on any Indebtedness in the aggregate amount exceeding $15,000,000, subject to the
acknowledgment in writing by each such holder of Series A-2 Preferred Stock that the Corporation and/or any of its Subsidiaries may be reporting companies under the Exchange Act, and subject to the execution by each such holder of Series A-2
Preferred Stock of a confidentiality and nondisclosure agreement, in form and substance reasonably acceptable to the Corporation and its counsel. So long as all or substantially all of the assets of the Corporation are comprised of DI and its
Subsidiaries, the information required to be delivered by the Corporation pursuant to clauses (a) and (b) of this Section 11 may, at the election of the Corporation, be satisfied by delivering such information with respect to DI and its
Subsidiaries; provided, that if DI files any of the documents listed in clause (i) of this Section 11(a) with the Commission, the delivery requirement under clause (i) shall be satisfied by such filing. 
  
 (b) Access Rights. Each holder of Series A-2 Preferred Stock that,
together with its Affiliates, holds an aggregate number of shares of Series A-2 Preferred Stock with an aggregate Series A-2 Issuance Price at such time that is greater than $5,000,000 will have reasonable access, during normal business hours, to
the facilities, records and personnel (including outside accountants) of the Corporation and its Subsidiaries to the extent that the same reasonably relates to such holder’s interest in the Corporation, subject to reasonable prior written
notice delivered to the Corporation and subject to execution by each such holder of Series A-2 Preferred Stock of a confidentiality and nondisclosure agreement in the form agreed to prior to the date hereof. The Corporation shall be entitled to
designate one or more representatives of the Corporation to be present during all such periods of access. 
  
 12. Transfer of Series A-2 Preferred Stock. The Corporation shall not place any restrictions on the transferability of the Series A-2 Preferred
Stock, and each holder of the Series A-2 Preferred Stock may assign or otherwise transfer some or all of the Series A-2 Preferred Stock and the accompanying rights hereunder held by such holder without the consent of the Corporation; provided that
such assignment is in compliance with the applicable securities laws. 
  
 13. Definitions. For purposes of this Certificate of Designations, the following terms shall have the following meanings: 
  

 12 

 “Acquired Debt” means, with respect to any specified Person: (a) Indebtedness of any
other Person existing at the time such other Person is merged with or into or became a Restricted Subsidiary of such specified Person, whether or not such Indebtedness is incurred in connection with, or in contemplation of, such other Person merging
with or into, or becoming a Subsidiary of, such specified Person; and (b) Indebtedness secured by a Lien encumbering any asset acquired by such specified Person. 
  
 “Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled
by or under direct or indirect common control with such specified Person. For purposes of this definition, “control,” as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise; provided that beneficial ownership of 10% or more of the Voting Stock of a Person will be deemed to be control.
For purposes of this definition, the terms “controlling,” “controlled by” and “under common control with” have correlative meanings. 
  
 “Anniversary” means an anniversary of the Series A-2 Issuance Date. 
  
 “Asset Sale” means (1) the sale, lease, conveyance or other
disposition of any assets or rights and (2) the issuance of Equity Interests in any of the Restricted Subsidiaries (other than directors’ qualifying Equity Interests or Equity Interests required by applicable law to be held by a Person other
than the Corporation or a Restricted Subsidiary). Notwithstanding the preceding, none of the following items will be deemed to be an Asset Sale: (a) any single transaction or series of related transactions that involves assets having a Fair Market
Value of less than $1,000,000; (b) a transfer of assets between or among the Corporation, DI and the Restricted Subsidiaries; (c) an issuance of Equity Interests by DI or a Restricted Subsidiary to the Corporation, DI or to a Restricted Subsidiary;
(d) the licensing of intellectual property or other general intangibles to third persons on customary terms as determined by the Board in good faith and the ordinary course of business; (e) the sale or disposition of any property or equipment that
has become damaged, worn-out or obsolete, in the ordinary course of business; (f) to the extent allowable under Section 1031 of the Internal Revenue Code of 1986, any exchange of like property for use in a Permitted Business; (g) the sale or other
disposition of cash or Cash Equivalents at Fair Market Value; (h) a Restricted Payment that is permitted by Section 7(a)(i) or a Permitted Investment; and (i) the sale, lease, sub-lease, license, sub-license, consignment, conveyance or other
disposition of equipment, inventory or other assets in the ordinary course of business, including leases with a duration of no greater than 24 months with respect to facilities that are temporarily not in use or pending their disposition, or
accounts receivable in connection with the compromise, settlement or collection thereof. 
  
 “Attributable Debt” in respect of a sale and leaseback transaction means, at the time of determination, the present value of the obligation of the lessee for net rental payments during the remaining
term of the lease included in such sale and leaseback transaction including any period for which such lease has been extended or may, at the option of the lessor, be extended. Such present value shall be calculated using a discount rate equal to the
rate of interest implicit in such transaction, determined in accordance with GAAP. 
  

 13 

 “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5
under the Exchange Act, except that in calculating the beneficial ownership of any particular “person” (as that term is used in Section 13(d)(3) of the Exchange Act), such “person” will be deemed to have beneficial ownership of
all securities that such “person” has the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only after the passage of time. The terms “Beneficially Owns”
and “Beneficially Owned” have a corresponding meaning. 
  
 “Capital Lease Obligation” means, at the time any determination is to be made, the amount of the liability in respect of a capital lease that would at that time be required to be capitalized on a balance sheet prepared in
accordance with GAAP, and the Stated Maturity thereof shall be the date of the last payment of rent or any other amount due under such lease prior to the first date upon which such lease may be prepaid by the lessee without payment of a penalty.

  
 “Capital Stock” means (a) in the case of a
corporation, corporate stock; (b) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of corporate stock; (c) in the case of a partnership or limited
liability company, partnership or membership interests (whether general or limited); and (d) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the
issuing Person. 
  
 “Cash Equivalents” means (a)
United States dollars; (b) securities issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality of the United States government (provided that the full faith and credit of the United States
is pledged in support of those securities) having maturities of not more than 360 days from the date of acquisition; (c) certificates of deposit and eurodollar time deposits with maturities of six months or less from the date of acquisition,
bankers’ acceptances with maturities not exceeding six months and overnight bank deposits, in each case, with any lender party to the Credit Agreement or with any domestic commercial bank having capital and surplus in excess of $500,000,000 and
a Thomson Bank Watch Rating of “B” or better at the time of acquisition; (d) repurchase obligations for underlying securities of the types described in clauses (b) and (c) above entered into with any financial institution meeting the
qualifications specified in clause (c) above; (e) commercial paper having at the time of acquisition one of the two highest ratings obtainable from Moody’s Investors Service, Inc. or Standard & Poor’s Rating Service and, in each case,
maturing within nine months after the date of acquisition; (f) securities issued by any state of the United States of America or any political subdivision of any such state or any public instrumentality thereof maturing within one year from the date
of acquisition thereof and at the time of acquisition thereof, having one of the two highest ratings obtainable from either Standard & Poor’s Rating Services or Moody’s Investors Service, Inc.; (g) money market funds at least 95% of
the assets of which constitute Cash Equivalents of the kinds described in clauses (a) through (f) of this definition; and (h) local currencies held by the Corporation and DI, from time to time in the ordinary course of business and consistent with
past practice. 
  
 “Change of Control” means the
occurrence of any of the following: (a) the direct or indirect sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the

  

 14 

 properties or assets of the Corporation and its Subsidiaries taken as a whole to any “person” (as that term is
used in Section 13(d) of the Exchange Act) other than a Permitted Holder; (b) the adoption of a plan relating to the liquidation or dissolution of the Corporation; (c) the consummation of any transaction (including, without limitation, any merger or
consolidation), the result of which is that any “person” (as defined above), other than a Permitted Holder or a Related Party of a Permitted Holder, becomes the Beneficial Owner, directly or indirectly, of more than 50% of the Voting Stock
of the Corporation, measured by voting power rather than number of shares; (d) after an IPO of the Corporation or any direct or indirect parent of the Corporation, the first day on which a majority of the members of the Board are not Continuing
Directors; or (e) the first day on which the Corporation ceases to own 100% of the outstanding Equity Interests of DI. 
  
 “Commission” means the Securities and Exchange Commission. 
  
 “Consolidated EBITDA” of any Person for any period, means the Consolidated Net Income of such Person and
its Subsidiaries for such period plus, without duplication and to the extent deducted in the calculation of such Consolidated Net Income for such period, the sum of (a) income tax expense (including franchise, value added and similar taxes),
(b) interest expense of such Person and its Subsidiaries whether paid or accrued and whether or not capitalized (including, without limitation, noncash interest payments, the interest component of any deferred payment obligations, the interest
component of all payments associated with Capital Lease Obligations, imputed interest with respect to Attributable Debt, and net of the effect of all payments made or received (if any) pursuant to Hedging Obligations), amortization or write-off of
debt discount and debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness, (c) depreciation and amortization expenses, (d) amortization of intangibles (including, but not limited to, goodwill) and
organization costs, (e) any extraordinary, unusual or non-recurring expenses or losses (including, whether or not otherwise includable as a separate item in the statement of such Consolidated Net Income for such period, losses on sales of assets
outside of the ordinary course of business) and (f) any other non-cash charges (including non-cash expenses for grants of options), non-recurring salary and benefit expenses and headcount reductions, minus, without duplication and to the
extent included in the calculation of such Consolidated Net Income for such period, the sum of (A) interest income (except to the extent deducted in determining such Consolidated Net Income), (B) any extraordinary, unusual or non-recurring income or
gains (including, whether or not otherwise includable as a separate item in the statement of such Consolidated Net Income for such period, gains on the sales of assets outside of the ordinary course of business), (C) any other non-cash income (other
than the accrual of revenue in the ordinary course of business) and (D) any cash payments made during such period reducing reserves or liabilities for accruals made in any prior fiscal quarter but only to the extent such reserves or accruals were
included in the determination of Consolidated EBITDA for such prior fiscal quarter, all as determined on a consolidated basis; provided that for purposes of calculating Consolidated EBITDA of the Corporation and its Subsidiaries for any
period, (i) the Consolidated EBITDA of any Person acquired by the Corporation or its Subsidiaries during such period shall be included on a pro forma basis (including adjustments for non-recurring items) for such period (assuming the consummation of
such acquisition and the incurrence or assumption of any Indebtedness in connection therewith occurred on the first day of such period) if the consolidated balance sheet of such acquired Person and its consolidated Subsidiaries as at the end of the
period preceding the acquisition of 
  

 15 

 such Person and the related consolidated statements of income and stockholders’ equity and of cash flows for the
period in respect of which Consolidated EBITDA is to be calculated (x) have been previously provided to the holders of the Series A-2 Preferred Stock and (y) either (1) have been reported on without a qualification arising out of the scope of the
audit by independent certified public accountants of nationally recognized standing or (2) have been found reasonably acceptable by the holders of at least a majority of the outstanding shares of Series A-2 Preferred Stock; and (ii) the Consolidated
EBITDA of any Person disposed of by the Corporation or its Subsidiaries during such period shall be excluded for such period (assuming the consummation of such disposition and the repayment of any Indebtedness in connection therewith occurred on the
first day of such period); provided, further, that for purposes of calculating the Consolidated EBITDA of the Corporation and its Subsidiaries for any period, only the Consolidated EBITDA of the Corporation, DI and the Restricted
Subsidiaries shall be included for such period. 
  
 “Consolidated Net Income” means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Subsidiaries for such period, on a consolidated basis, determined in accordance
with GAAP; provided that: (a) the Net Income (but not loss) of any Person that is not a Subsidiary or that is accounted for by the equity method of accounting will be included only to the extent of the amount of dividends or similar distributions
paid in cash to the specified Person or a Subsidiary of the Person; (b) the Net Income of any Subsidiary will be excluded to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of that Net Income is
not at the date of determination permitted without any prior governmental approval (that has not been obtained) or, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule
or governmental regulation applicable to that Subsidiary or its stockholders; (c) the cumulative effect of a change in accounting principles will be excluded; and (d) non-cash compensation charges or other non-cash expenses or charges arising from
the grant of or issuance or repricing of stock, stock options or other equity-based award to directors, officers or employees of the Corporation and DI will be excluded. 
  
 “Continuing Directors” means, as of any date of determination, any member of the Board who (a) was a member
of such Board on the Series A-2 Issuance Date; or (b) was nominated for election or elected to such Board with the approval of a majority of the Continuing Directors who were members of such Board at the time of such nomination or election.

  
 “Credit Agreement” means that certain Credit
Agreement, dated as of the Series A-2 Issuance Date, by and among the DI, DI Finance Sub LLC, the Corporation, the other guarantors party thereto, the lenders party thereto, Goldman Sachs Credit Partners L.P., as Administrative Agent, Collateral
Agent, Joint Lead Arranger and Joint Book Runner and Bear, Stearns & Co. Inc. as Joint Lead Arranger and Joint Book Runner and Bear, Stearns Corporate Lending Inc., including any related notes, Guarantees, collateral documents, instruments and
agreements executed in connection therewith, and, in each case, as amended, restated, modified, renewed, refunded, replaced (whether upon or after termination or otherwise) or refinanced (including by means of sales of debt securities to
institutional investors) in whole or in part from time to time, including any agreement extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings or letters of credit
thereunder or adding Subsidiaries of the DI as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or any successor or replacement agreement and whether by the same or any other agent, lender or
group of lenders. 
  

 16 

 “Credit Facilities” means, one or more debt facilities, indentures or commercial paper
facilities, in each case, with banks or other institutional lenders or a trustee providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed
to borrow from such lenders against such receivables) or letters of credit or issuances of notes, in each case, as amended, restated, modified, renewed, refunded, replaced (whether upon or after termination or otherwise), substituted or refinanced
(including by means of sales of debt securities to institutional investors) in whole or in part from time to time. 
  
 “Designated Noncash Consideration” means the Fair Market Value of noncash consideration received by the Corporation or DI in connection
with an Asset Sale that is so designated as Designated Noncash Consideration pursuant to an officers’ certificate, setting for the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent
sale of such Designated Noncash Consideration. 
  
 “Disqualified Stock” means any Capital Stock that, by its terms (or by the terms of any security into which it is convertible, or for which it is exchangeable, in each case, at the option of the holder of the Capital
Stock), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the option of the holder of the Capital Stock, in whole or in part, on or prior to the date that
is 91 days after the tenth anniversary of the Series A-2 Issuance Date. Notwithstanding the preceding sentence, any Capital Stock that would constitute Disqualified Stock solely because the holders of the Capital Stock have the right to require the
Corporation to repurchase such Capital Stock upon the occurrence of a change of control or an asset sale will not constitute Disqualified Stock if the terms of such Capital Stock provide that the Corporation may not repurchase or redeem any such
Capital Stock pursuant to such provisions unless such repurchase or redemption complies with Section 7(a)(i). The amount of Disqualified Stock deemed to be outstanding at any time will be the maximum amount that the Corporation and DI may become
obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions of, such Disqualified Stock, exclusive of accrued dividends. 
  
 “Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any debt
security that is convertible into, or exchangeable for, Capital Stock). 
  
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
  
 “Fair Market Value” means the value that would be paid by a willing buyer to an unaffiliated willing seller in a transaction not
involving distress or necessity of either party, determined in good faith by the Board. 
  
 “GAAP” means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and
statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, which are in effect on the Series A-2 Issuance
Date. 
  
 “Guarantee” means a guarantee
other than by endorsement of negotiable instruments for collection in the ordinary course of business, direct or indirect, in any manner 
  

 17 

 including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in
respect thereof, of all or any part of any Indebtedness (whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services, to take or pay or to maintain financial statement
conditions or otherwise). 
  
 “Hedging
Obligations” means, with respect to any specified Person, the obligations of such Person under (a) interest rate swap agreements (whether from fixed to floating or from floating to fixed), interest rate cap agreements, interest rate collar
agreements and other agreements or arrangements designated for the purpose of fixing, hedging or swapping interest rate risk; (b) other agreements or arrangements designed to manage interest rates or interest rate risk; and (c) other agreements or
arrangements designed to protect such Person against fluctuations in currency exchange rates or commodity prices. 
  
 “Indebtedness” means, with respect to any specified Person, any indebtedness of such Person (excluding accrued expenses and trade
payables), whether or not contingent: (a) in respect of borrowed money; (b) evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements in respect thereof) (other than letters of credit issued in
respect of trade payables entered into in the ordinary course); (c) in respect of banker’s acceptances; (d) representing Capital Lease Obligations; (e) representing the balance deferred and unpaid of the purchase price of any property or
services due more than six months after such property is acquired or such services are completed; or (f) representing any Hedging Obligations, if and to the extent any of the preceding items (other than letters of credit and Hedging Obligations)
would appear as a liability upon a balance sheet of the specified Person prepared in accordance with GAAP. In addition, the term “Indebtedness” includes all Indebtedness of others secured by a Lien on any asset of the specified Person
(whether or not such Indebtedness is assumed by the specified Person) and, to the extent not otherwise included, the Guarantee by the specified Person of any Indebtedness of any other Person. 
  
 “Indebtedness/EBITDA Ratio” means with respect to the
Corporation for any period, the ratio of Indebtedness of the Corporation, DI and the Restricted Subsidiaries at the date of determination to the Consolidated EBITDA of the Corporation for such period. 
  
 “Indenture” means that certain Indenture dated as of the
Series A-2 Issuance Date by and among, among others, DI, DIV Capital Corporation and The Bank of New York, as trustee (the “Trustee”). 
  

“Investment” means, with respect to any Person, all direct or indirect investments by such Person in other Persons (including
Affiliates) in the forms of loans (including Guarantees or other obligations), advances or capital contributions (excluding commission, travel and similar advances to officers and employees made in the ordinary course of business), purchases or
other acquisitions for consideration of Indebtedness, Equity Interests or other securities, together with all items that are or would be classified as investments on a balance sheet prepared in accordance with GAAP. If the Corporation, DI or any
Restricted Subsidiary sells or otherwise disposes of any Equity Interests of DI or any Restricted Subsidiary such that, after giving effect to any such sale or disposition, such Person is no longer a Subsidiary of the Corporation, the Corporation
will be deemed to have made the Investment on the date of such sale or disposition equal to the Fair Market Value of the Corporation’s Investments in such 
  

 18 

 Subsidiary that were not sold or disposed of in an amount determined as provided in final paragraph of Section 7(a)(i).
The acquisition by the Corporation or any Subsidiary of a Person that holds an Investment in a third Person will be deemed to be an Investment by the Corporation, DI or such Restricted Subsidiary in such third Person in an amount equal to the Fair
Market Value of the Investments held by the acquired Person in such third Person in an amount determined as provided in final paragraph of Section 7(a)(i). Except as otherwise provided herein, the amount of an Investment will be determined at the
time the Investment is made and without giving effect to subsequent changes in value. 
  
 “IPO” means the Corporation’s sale of its Common Stock in a firm commitment, fully underwritten public offering through a nationally recognized investment banking firm and pursuant to a
registration statement under the United States Securities Act of 1933, as amended. 
  
 “Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise
perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest in and any filing of or agreement to give any
financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction. 
  
 “Net Cash Proceeds” means the aggregate cash proceeds received by the Corporation, DI or any of the Restricted Subsidiaries in respect of
any Asset Sale (including, without limitation, any cash received upon the sale or other disposition of any non-cash consideration received in any Asset Sale), net of the direct costs relating to such Asset Sale, including, without limitation, legal,
accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result of the Asset Sale, taxes paid or payable as a result of the Asset Sale, in each case, after taking into account any available tax credits
or deductions and any tax sharing arrangements, and amounts required to be applied to the repayment of Indebtedness, secured by a Lien on the asset or assets that were the subject of such Asset Sale and any reserve for adjustment in respect of the
sale price of such asset or assets established in accordance with GAAP, including cash escrows in connection with purchase price adjustments, reserves or indemnities (until released). 
  
 “Net Income” means, with respect to any specified Person, the net income (loss) of such Person, determined
in accordance with GAAP and before any reduction in respect of preferred stock dividends, excluding, however (a) any gain (or loss), together with any related provision for taxes on such gain (or loss), realized in connection with: (1) any Asset
Sale (without giving effect to the $1,000,000 threshold provided in the definition thereof); or (2) the disposition of any securities by such Person or any of its Subsidiaries or the extinguishment of any Indebtedness of such Person or any of its
Subsidiaries; and (b) any extraordinary gain (or loss), together with any related provision for taxes on such extraordinary gain (or loss). 
  
 “Notes” means 9.5% Senior Subordinated Notes due 2013, of DI and DIV Capital Corporation, issued under the Indenture. 
  

 19 

 “Obligations” means any principal, interest, penalties, fees, indemnifications,
reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness. 
  
 “Parent” means DIV Holding LLC, a Delaware limited liability company. 
  
 “Permitted Business” means any business engaged in by the Corporation, DI or any of the Restricted
Subsidiaries on the Series A-2 Issuance Date and any business or other activities that are reasonably similar, ancillary, complementary or related to, or a reasonable extension, development or expansion of, the businesses in which the Corporation,
DI and the Restricted Subsidiaries are engaged on the Series A-2 Issuance Date. 
  
 “Permitted Holder” means Veritas Capital Management II, L.L.C. or any Affiliate thereof. 
  
 “Permitted Indebtedness” means (a) the Indebtedness of the Corporation, DI or any Restricted Subsidiaries under one or more Credit
Facilities in an aggregate principal amount at any one time outstanding under this clause (a) (with letters of credit being deemed to have a principal amount equal to the maximum potential liability of the Corporation, DI and the Restricted
Subsidiaries thereunder) not to exceed $420,000,000 less the aggregate amount of all Net Cash Proceeds of Asset Sales applied by the Corporation, DI or any Restricted Subsidiary since the Series A-2 Issuance Date to repay any term Indebtedness under
a Credit Facility or to repay any revolving credit Indebtedness under a Credit Facility and effect a corresponding commitment reduction thereunder pursuant to Section 7(a)(vi); (b) Indebtedness of DI and the Restricted Subsidiaries represented by
the Notes; (c) the incurrence by the Corporation, DI or any Restricted Subsidiaries of Indebtedness represented by Capital Lease Obligations, mortgage financings or purchase money obligations, in each case, incurred for the purpose of financing all
or any part of the purchase price or cost of design, construction, installation or improvement of property, plant or equipment used in the business of the Corporation, DI or any Restricted Subsidiaries, in an aggregate principal amount, including
all Permitted Refinancing Indebtedness incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness incurred pursuant to this clause (c), not to exceed $10,000,000 at any time outstanding; (d) the incurrence by the
Corporation, DI or any Restricted Subsidiaries of Permitted Refinancing Indebtedness in exchange for, or the net proceeds of which are used to renew, refund, refinance, replace, defease or discharge any Indebtedness (other than intercompany
Indebtedness) that was permitted by this Certificate of Designations to be incurred under the first paragraph of Section 7(a)(iv) or clauses (b), (c), (d) or (k) of this definition; (e) the incurrence by the Corporation, DI or any of the Restricted
Subsidiaries of intercompany Indebtedness between or among the Corporation, DI and any of the Restricted Subsidiaries; provided, however, that any subsequent issuance or transfer of Equity Interests that results in any such Indebtedness being held
by a Person other than the Corporation, DI or a Restricted Subsidiary and any sale or other transfer of any such Indebtedness to a Person that is not either the Corporation, DI or a Restricted Subsidiary, will be deemed, in each case, to constitute
an incurrence of such Indebtedness by the Corporation, DI or a Restricted Subsidiary, as the case may be, that was not permitted by this clause (e); (f) the issuance by DI or any of the Restricted Subsidiaries to the Corporation or to any of its
Restricted Subsidiaries of shares of preferred stock; provided, however, that: (1) any subsequent issuance or transfer of Equity Interests that results in any such preferred stock being held by a Person 
  

 20 

 other than the Corporation, DI or a Restricted Subsidiary of the Corporation and (2) any sale or other transfer of any
such preferred stock to a Person that is not either the Corporation, DI or a Restricted Subsidiary, will be deemed, in each case, to constitute an issuance of such preferred stock by DI or a Restricted Subsidiary that was not permitted by this
clause (f); (g) the incurrence by the Corporation, DI or any of the Restricted Subsidiaries of Hedging Obligations in the ordinary course of business; (h) the guarantee by the Corporation, DI or any Restricted Subsidiary of Indebtedness of the
Corporation, DI or a Restricted Subsidiary of DI that was permitted to be incurred by another provision of this definition; (i) the incurrence by the Corporation, DI or any Restricted Subsidiaries of Indebtedness in respect of workers’
compensation claims, self-insurance obligations, bankers’ acceptances, performance, completion and surety bonds, completion guarantees and similar obligations in the ordinary course of business; (j) the incurrence by the Corporation, DI or any
Restricted Subsidiaries of Indebtedness arising from the honoring by a bank or other financial institution of a check, draft or similar instrument inadvertently drawn against insufficient funds, so long as such Indebtedness is covered within five
business days; (k) the incurrence by the Corporation, DI or a Restricted Subsidiary of Indebtedness arising from agreements of the Corporation, DI or any such Restricted Subsidiary providing for indemnification, adjustment of purchase price or
similar obligations, in each case, incurred or assumed in connection with the sale or other disposition of any business, assets or Capital Stock of the Corporation, DI or any Restricted Subsidiary other than guarantees of Indebtedness incurred by
any Person acquiring all or any portion of such business, assets or Capital Stock; provided that (1) the maximum aggregate liability in respect of all such Indebtedness shall at no time exceed the gross proceeds, whether or not cash, actually
received by the Corporation, DI and the Restricted Subsidiaries in connection with such disposition and (2) such Indebtedness is not reflected in the balance sheet of the Corporation, DI or any Restricted Subsidiary (contingent obligations referred
to in a footnote to financial statements and not otherwise reflected on the balance sheet will not be deemed to be reflected on such balance sheet for purposes of this clause (2)); (l) contingent liabilities arising out of endorsements of checks and
other negotiable instruments for deposit or collection in the ordinary course of business; and (m) the incurrence by the Corporation, DI or any of the Restricted Subsidiaries of additional Indebtedness in an aggregate principal amount (or accreted
value, as applicable) at any time outstanding, including all Permitted Refinancing Indebtedness incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness incurred pursuant to this clause (m), not to exceed $15,000,000.

  
 For purposes of determining compliance with Section 7(a)(iv),
in the event that an item of proposed Indebtedness meets the criteria of more than one of the categories of Permitted Indebtedness, or is entitled to be incurred pursuant to the Section 7(a)(iv), the Corporation (in its sole discretion) will be
permitted to classify such item of Indebtedness on the date of its incurrence, or later reclassify all or a portion of such item of Indebtedness, in any manner that complies with Section 7(a)(iv). Indebtedness under Credit Facilities outstanding on
the Series A-2 Issuance Date will initially be deemed to have been incurred on such date in reliance on the exception provided by clause (a) of the definition of Permitted Indebtedness. The accrual of interest, the accretion or amortization of
original issue discount, the payment of interest on any Indebtedness in the form of additional Indebtedness with the same terms, the reclassification of preferred stock as Indebtedness due to a change in accounting principles, and the payment of
dividends on Disqualified Stock or preferred stock in the form of additional shares of the same class of Disqualified Stock or preferred stock will not be deemed to be an incurrence of 
  

 21 

 Indebtedness or an issuance of Disqualified Stock or preferred stock for purposes of this covenant. Notwithstanding any
other provision of this covenant, the maximum amount of Indebtedness that the Corporation, DI or any Restricted Subsidiary may incur pursuant to this covenant shall not be deemed to be exceeded solely as a result of fluctuations in exchange rates or
currency values. 
  
 The amount of any Indebtedness outstanding as
of any date will be (a) the accreted value of the Indebtedness, in the case of any Indebtedness issued with original issue discount; (b) the principal amount of the Indebtedness, in the case of any other Indebtedness; and (c) in respect of
Indebtedness of another Person secured by a Lien on the assets of the specified Person, the lesser of: (1) the Fair Market Value of such assets at the date of determination; and (2) the amount of the Indebtedness of the other Person. 
  
 “Permitted Investment” means (a) any Investment in the
Corporation, DI or a Restricted Subsidiary; (b) any Investment in Cash Equivalents; (c) any Investment by the Corporation, DI or any Restricted Subsidiary of DI in a Person, if as a result of such Investment, (1) such Person becomes a Restricted
Subsidiary; or (2) such Person is merged, consolidated or amalgamated with or into, or transfers or conveys substantially all of its assets to, or is liquidated into, the Corporation, DI or a Restricted Subsidiary; (d) any Investment made as a
result of the receipt of non-cash consideration from an Asset Sale that was made pursuant to and in compliance with Section 7(a)(vi); (e) any acquisition of assets or Capital Stock solely in exchange for the issuance of Equity Interests (other than
Disqualified Stock) of the Corporation; (f) any Investment acquired by the Corporation, DI or any of the Restricted Subsidiaries (1) in exchange for any other Investment or accounts receivable held by the Corporation, DI or any such Restricted
Subsidiary in connection with or as a result of a bankruptcy, workout, reorganization or recapitalization of a Person or the good faith settlement of delinquent obligations of a Person, or (2) as a result of a foreclosure by the Corporation, DI or
any of the Restricted Subsidiaries with respect to any secured Investment or other transfer of title with respect to any secured Investment in default; (g) Investments represented by Hedging Obligations; (h) loans or advances to employees made in
the ordinary course of business of the Corporation, DI or any Restricted Subsidiary in an aggregate principal amount not to exceed $1,000,000 at any one time outstanding; (i) redemption of the Series A-2 Preferred Stock; (j) any Investment of the
Corporation, DI or any of the Restricted Subsidiaries existing on the Series A-2 Issuance Date; (k) guarantees otherwise permitted herein; (l) receivables owing to the Corporation, DI or any Restricted Subsidiary, prepaid expenses and deposits, if
created, acquired or entered into in the ordinary course of business; (m) payroll, business-related travel, and similar advances to cover matters that are expected at the time of such advances to be ultimately treated as expenses for accounting
purposes and that are made in the ordinary course of business; (n) Investments in joint ventures having an aggregate value (measured on the date such Investment was made and without giving effect to subsequent changes in value), when taken together
with all other Investments made pursuant to this clause (n) since the Series A-2 Issuance Date not to exceed $20,000,000; and (o) other Investments in any Person other than an Affiliate of the Corporation having an aggregate Fair Market Value
(measured on the date each such Investment was made and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (o) that are at the time outstanding, not to exceed
$5,000,000. 
  

 22 

 “Permitted Payments to Parent” means, without duplication as to amounts: (a) payments to
the Parent to permit the Parent to pay reasonable accounting, legal and administrative expenses of the Parent when due, in an aggregate amount not to exceed $750,000 per annum; and (b) for so long as the Corporation is a member of a group filing a
consolidated or combined tax return with the Parent, payments to the Parent in respect of an allocable portion of the tax liabilities of such group that is attributable to the Corporation and its Subsidiaries (“Tax Payments”) and to
pay franchise or similar taxes and fees of Parent required to maintain Parent’s corporate existence. The Tax Payments shall not exceed the lesser of (i) the amount of the relevant tax (including any penalties and interest) that the Corporation
would owe if the Corporation were filing a separate tax return (or a separate consolidated or combined return with its Subsidiaries that are members of the consolidated or combined group), taking into account any carryovers and carrybacks of tax
attributes (such as net operating losses) of the Corporation and such Subsidiaries from other taxable years and (ii) the net amount of the relevant tax that the Parent actually owes to the appropriate taxing authority. Any Tax Payments received from
the Corporation shall be paid over to the appropriate taxing authority within 60 days of the Parent’s receipt of such Tax Payments or refunded to the Corporation. 
  
 “Permitted Refinancing” means any Junior Securities of the Corporation issued in exchange for, or the net
proceeds of which are used to renew, refund, replace, defease or discharge other Junior Securities of the Corporation; provided that: (1) the liquidation or face value of such Permitted Refinancing does not exceed the liquidation or face value of
the Junior Securities so renewed, refunded, refinanced, replaced, defeased or discharged (plus all accrued interest or dividends thereon and the amount of any reasonably determined premium incurred in connection therewith) and (2) such new Junior
Securities are not Disqualified Stock. 
  
 “Permitted
Refinancing Indebtedness” means (a) any Indebtedness of the Corporation, DI or any of the Restricted Subsidiaries (other than Disqualified Stock) issued in exchange for, or the net proceeds of which are used to renew, refund, refinance,
replace, defease or discharge other Indebtedness of the Corporation, DI or any of the Restricted Subsidiaries (other than Disqualified Stock and intercompany Indebtedness); provided that: (1) the principal amount (or accreted value, if applicable)
of such Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness renewed, refunded, refinanced, replaced, defeased or discharged (plus all accrued interest on the Indebtedness and
the amount of all fees and expenses, including premiums, incurred in connection therewith); (2) such Permitted Refinancing Indebtedness has a final maturity date later than the final maturity date of, and has a Weighted Average Life to Maturity
equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being renewed, refunded, refinanced, replaced, defeased or discharged; (3) if the Indebtedness being renewed, refunded, refinanced, replaced, defeased or discharged
is subordinated in right of payment to the Notes, such Permitted Refinancing Indebtedness has a final maturity date later than the final maturity date of, and is subordinated in right of payment to, the Notes on terms at least as favorable to the
holders of Notes as those contained in the documentation governing the Indebtedness being renewed, refunded, refinanced, replaced, defeased or discharged; and (4) such Indebtedness is incurred either by the Corporation, DI or by any Restricted
Subsidiary who is the obligor on the Indebtedness being renewed, refunded, refinanced, replaced, defeased or discharged; and (b) Disqualified Stock of the Corporation, DI or any of the Restricted Subsidiaries issued in exchange for, or the net
proceeds of which are used to renew, refund, 
  

 23 

 replace, defease or discharge other Indebtedness or Disqualified Stock of the Corporation, DI or any of the Restricted
Subsidiaries (other than Indebtedness or Disqualified Stock held by the Corporation, DI or any Restricted Subsidiary including intercompany Indebtedness); provided that: (1) the liquidation or face value of such Permitted Refinancing Indebtedness
does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness, or the liquidation or face value of the Disqualified Stock, as applicable, so renewed, refunded, refinanced, replaced, defeased or discharged (plus all
accrued interest or dividends thereon and the amount of any reasonably determined premium incurred in connection therewith); (2) such Permitted Refinancing Indebtedness has a final redemption date equal to or later than the final maturity or
redemption date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness or Disqualified Stock being renewed, refunded, refinanced, replaced, defeased or discharged; (3) such
Permitted Refinancing Indebtedness has a final redemption date equal to or later than the final maturity date of, and is subordinated in right of payment to, the Notes on terms at least as favorable to the holders of Notes as those contained in the
documentation governing the Indebtedness or Disqualified Stock being; and (4) such Disqualified Stock is issued either by the Corporation or by DI who is the issuer of the Indebtedness or Disqualified Stock being renewed, refunded, refinanced,
replaced, defeased or discharged. 
  
 “Person”
means any individual, partnership, firm, trust, corporation, limited liability company or other similar entity. When two or more Persons act as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or
disposing of shares of the Corporation, such partnership, limited partnership, syndicate or group shall be deemed a “Person.” 
  
 “Related Party” means (a) any controlling stockholder, partner, member, 80% (or more) owned Subsidiary, or immediate family member (in
the case of an individual) of a Permitted Holder; or (b) any trust, corporation, partnership, limited liability company or other entity, the beneficiaries, stockholders, partners, members, owners or Persons beneficially holding an 80% or more
controlling interest of which consist of any one or more Permitted Holders and/or such other Persons referred to in the immediately preceding clause (a). 
  
 “Replacement Assets” means (a) assets that will be used or useful in a Permitted Business, (b) all or substantially all of the assets of
a Permitted Business or a majority of Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary or (c) a Permitted Investment under clause (o) of the definition of
Permitted Investment that is otherwise permitted herein. 
  
 “Restricted Investment” means an Investment other than a Permitted Investment. 
  
 “Restricted Payment” means (a) the declaration or payment of any dividends or any other payment or distribution on account of the
Corporation’s, DI’s or any of the Restricted Subsidiaries’ Equity Interests (including, without limitation, any payment in connection with any merger or consolidation involving the Corporation, DI or any of the Restricted
Subsidiaries) or to or for the benefit of the direct or indirect holders of the Corporation’s, DI’s or any of the Restricted Subsidiaries’ Equity Interests in their capacity as such (other than dividends or distributions payable in
Equity Interests (other than Disqualified Stock) of the Corporation); (b) 
  

 24 

 the purchase, redemption or other acquisition or retirement for value (including, without limitation, in connection with
any merger or consolidation involving the Corporation or DI) of any Junior Securities, or any Equity Interests of any direct or indirect parent of the Corporation; (c) any payment on, or the purchase, redemption, defeasance or other acquisition or
retirement for value of any Junior Securities (excluding any Junior Securities held by the Corporation, DI and any of the Restricted Subsidiaries), except (i) a payment of interest or principal at the Stated Maturity thereof or (ii) the purchase,
repurchase or other acquisition of any such Indebtedness in anticipation of satisfying a sinking fund obligation, principal installment or final maturity, in each case, due within one year of the date of such purchase, repurchase or other
acquisition; or (d) any Restricted Investment. 
  
 “Restricted Subsidiary” shall have such meaning as defined in the Indenture as in effect on the Series A-2 Issuance Date; provided that any deliveries required to be delivered to the Trustee under the Indenture or
the holder of the Notes in connection with the designation of a Subsidiary as a “Restricted Subsidiary” or an “Unrestricted Subsidiary” shall be delivered to the holders of Series A-2 Preferred Stock. 
  
 “Stated Maturity” means, with respect to any installment of
interest or principal on any series of Indebtedness, the date on which the payment of interest or principal was scheduled to be paid in the documentation governing such Indebtedness as of the Series A-2 Issuance Date, and will not include any
contingent obligations to repay, redeem or repurchase any such interest or principal prior to the date originally scheduled for the payment thereof. 
  
 “Subsidiary” means, with respect to any specified Person (a) any corporation, association or other business entity of which more than 50%
of the total voting power of shares of Capital Stock entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) to vote in
the election of directors, managers or trustees of the corporation, association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a
combination thereof); and (b) any partnership (i) the sole general partner or the managing general partner of which is such Person or a Subsidiary of such Person or (ii) the only general partners of which are that Person or one or more Subsidiaries
of that Person (or any combination thereof). 
  
 “Veritas” means The Veritas Capital Fund II, L.P. 
  
 “Voting Stock” of any specified Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person. 

 
 “Weighted Average Life to Maturity” means, when applied
to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (1) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal,
including payment at final maturity, in respect of the Indebtedness, by (2) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount
of such Indebtedness. 
  

 25 

 IN WITNESS WHEREOF, the Company has caused this Certificate of Designations to be signed by Robert B.
McKeon, its President, as of the 8th day of February, 2005. 
  

			
	DI ACQUISITION CORP.
		
	 By:
	 	 /s/ Robert B. McKeon

	 	 	 Name: Robert B. McKeon

	 	 	 Title: President

  

 26Form of Registration Rights Agreement

 Exhibit 4.8 
  

FORM OF REGISTRATION RIGHTS AGREEMENT 
  
 REGISTRATION RIGHTS AGREEMENT, dated as of [                 ], 2005 (this
“Agreement”), by and between DYNCORP INTERNATIONAL INC., a Delaware corporation (the “Company”), and DIV HOLDING LLC (“Holding”). 
  

W I T N E S S E T H: 
  
 WHEREAS, the Company and Holding desire to provide for the circumstances under which the Company will register securities of
the Company on behalf of Holding. 
  
 NOW, THEREFORE, in
consideration of the premises and of the mutual covenants and obligations hereinafter set forth, the Company hereby covenants and agrees with Holding and with each subsequent holder of Restricted Stock (as such term is defined herein), as follows:

  
 SECTION 1 Definitions. As used herein, the following
terms shall have the following respective meanings: 
  
 “Affiliate” shall mean (i) in the case of an entity, any Person who or which, directly or indirectly, through one or more intermediaries, controls or is controlled by, or is under common control with, any specified Person or
(ii) in the case of an individual, such individual’s spouse, children, grandchildren or parents or a trust primarily for the benefit of any of the foregoing. For purposes of this definition, “control” (including with correlative
meanings, the terms “controlling”, “controlled by” and under “common control with”) means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person,
whether through the ownership of voting securities, by contract or otherwise. 
  
 “Certificate of Incorporation” shall mean the Certificate of Incorporation of the Company, as amended and restated, in effect on the date hereof. 
  
 “Commission” shall mean the Securities and Exchange Commission, or any other Federal agency at the time
administering the Securities Act. 
  
 “Registration
Expenses” shall mean the expenses so described in Section 7 hereof. 
  
 “Restricted Stock” shall mean shares of Class A Common Stock of the Company, the certificates for which are required to bear the legend set forth in Section 2 hereof. 
  
 “Securities Act” shall mean the Securities Act of 1933, as amended,
or any similar Federal statute, and the rules and regulations of the Commission thereunder, all as the same shall be in effect at the time. 
  
 “Selling Expenses” shall mean the expenses so described in Section 7 hereof. 

 SECTION 2 Restrictive Legend. Each certificate representing the Restricted Stock and, except as
otherwise provided in Section 3 hereof, each certificate issued upon exchange or transfer of any such securities shall be stamped or otherwise imprinted with a legend substantially in the following form: 
  
 “THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
NOR UNDER APPLICABLE STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS IT HAS BEEN REGISTERED UNDER SUCH LAWS OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE.” 
  
 SECTION 3 Notice of Proposed Transfer. Prior to any proposed transfer
of any Restricted Stock (other than under the circumstances described in Section 4 or 5 hereof), the holder thereof shall give written notice to the Company of its intention to effect such transfer. Each such notice shall describe the
manner of the proposed transfer and, if requested by the Company, shall be accompanied by an opinion of counsel satisfactory to the Company to the effect that the proposed transfer may be effected without registration under the Securities Act,
whereupon such holder shall be entitled to transfer such securities in accordance with the terms of its notice; provided, however, that no such opinion of counsel shall be required for a transfer by a holder of Restricted Stock (x) to
an Affiliate of such holder or (y) in the case of a holder that is a partnership, to a partner or employee of such holder or a retired partner or retired employee of such holder who retires after the date hereof, or to the estate of any such
partner, retired partner, employee or retired employee, or a transfer by gift, will or intestate succession from any holder of Restricted Stock to his or her spouse or members of his or her or his or her spouse’s family or a trust for the
benefit of any of the foregoing persons, in any such case set forth in clauses (x) and (y), only if the transferee agrees in writing to be subject to the terms hereof to the same extent as if such transferee were an original holder of Restricted
Stock hereunder. All Restricted Stock transferred as above provided shall bear the legend set forth in Section 2, except that such securities shall not bear such legend if (i) such transfer is in accordance with the provisions of Rule 144 (or
any other rule permitting public sale without registration under the Securities Act) or (ii) the opinion of counsel referred to above is to the further effect that the transferee and any subsequent transferee (other than an affiliate of the Company)
would be entitled to transfer such securities in a public sale without registration under the Securities Act. 
  
 SECTION 4 Required Registration. 
  
 (a) At any time following the consummation of an initial public offering by the Company of its securities, Holding may, by written notice, request on not
more than five occasions that the Company register under the Securities Act all or any portion of the shares of Restricted Stock held by such requesting holders for sale in the manner specified in such notice. Notwithstanding anything to the
contrary contained herein, no request may be made under this Section 4 within 360 days after the effective date of a registration statement filed by the Company covering a firm commitment underwritten public offering in which the holders of
Restricted Stock shall have been entitled to join pursuant to this Section 4 or Section 5 hereof and in which there shall have been effectively registered all shares of Restricted Stock as to which registration shall have
been so requested (and which requests shall total at least fifty percent of the shares of Restricted Stock originally purchased by Holding). 
  

 - 2 - 

 (b) Promptly following receipt of any notice under this Section 4 the Company shall file and
use its best efforts to have declared effective a registration statement under the Securities Act for the public sale, in accordance with the method of disposition specified in such notice from requesting holders, of the number of shares of
Restricted Stock specified in such notice (and in any notices received from other holders of Restricted Stock within 20 days after the date of such notice from the Company). If such method of disposition shall be an underwritten public offering, the
Company may designate the managing underwriter of such offering, subject to the approval of a majority in interest of the selling holders of Restricted Stock, which approval shall not be unreasonably withheld. The number of shares of Restricted
Stock to be included in such an underwriting may be reduced if and to the extent that the managing underwriter shall be of the opinion that such inclusion would adversely affect the marketing of the securities to be sold therein. The Company shall
be obligated to register Restricted Stock pursuant to requests made by Holding under this Section 4 on two occasions only; provided, however, that as to such occasion such obligation shall be deemed satisfied only when a
registration statement covering all shares of Restricted Stock specified in notices received as aforesaid, for sale in accordance with the method of disposition specified by the requesting holders, shall have become effective and, if such method of
disposition is a firm commitment underwritten public offering, all such shares shall have been sold pursuant thereto. 
  
 (c) The Company shall be entitled to include in any registration statement referred to in this Section 4 for which the method of distribution is an
underwritten public offering, for sale in accordance with the method of disposition specified by Holding shares of Class A Common Stock to be sold by the Company for its own account, except as and to the extent that, in the opinion of the
managing underwriter (if such method of disposition shall be an underwritten public offering), such inclusion would adversely affect the marketing of the Restricted Stock to be sold. Except with respect to registration statements on Form S-3 or Form
S-8, or as otherwise provided in this paragraph 4(c), the Company will not file with the Commission any other registration statement with respect to its Class A Common Stock, whether for its own account or that of other stockholders, from the
date of receipt of a notice from requesting holders pursuant to this Section 4 until the completion of the period of distribution of the registration contemplated thereby. 
  
 SECTION 5 Incidental Registration; Form S-3 Registration. 
  
 (a) If the Company at any time (other than pursuant to Section 4
hereof) proposes to register any of its securities under the Securities Act for sale to the public, whether for its own account or for the account of other security holders or both (except with respect to registration statements on Form S-4 or S-8
or another form not available for registering Restricted Stock for sale to the public), each such time it will give written notice to all holders of Restricted Stock of its intention so to do. Upon the written request of any such holder, given
within 20 days after the date of receipt of any such notice, to register any of its Restricted Stock (which request shall state the intended method of disposition thereof), the Company will use its best efforts to cause the Restricted Stock as to
which registration shall have been so requested to be included in the securities to be covered by the registration statement proposed to be filed by the Company, all to the extent requisite to permit the sale or other disposition by the holder (in
accordance with its written request) of such Restricted Stock so registered. The Company may withdraw any such registration statement before it becomes effective or postpone the offering of 

  

 - 3 - 

 
securities contemplated by such registration statement without any obligation to the holders of any Restricted Stock. In the event that any registration
pursuant to this Section 5 shall be, in whole or in part, an underwritten public offering of Class A Common Stock, any request by a holder pursuant to this Section 5 to register Restricted Stock shall specify that either
(i) such Restricted Stock is to be included in the underwriting on the same terms and conditions as the shares of Class A Common Stock otherwise being sold through underwriters under such registration or (ii) such Restricted Stock is
to be sold in the open market without any underwriting, on terms and conditions comparable to those normally applicable to offerings of Class A Common Stock in reasonably similar circumstances. The number of shares of Restricted Stock to be
included in such an underwriting may be reduced (in accordance with Section 11 hereof) if and to the extent that the managing underwriter shall be of the opinion that such inclusion would adversely affect the marketing of the securities
to be sold by the Company therein; provided, however, that if any shares are to be included in such underwriting for the account of any person other than the Company, the number of shares to be included by any such person shall be
reduced first; and provided further, however, that the number of any such shares held by any person other than the holders of Restricted Stock hereunder shall be reduced before the number of any such shares held by the holders of
Restricted Stock hereunder is reduced. Notwithstanding anything to the contrary contained in this Section 5, in the event that there is an underwritten offering of securities of the Company pursuant to a registration covering Restricted
Stock and a selling holder of Restricted Stock does not elect to sell his, her or its Restricted Stock to the underwriters of the Company’s securities in connection with such offering, such holder shall refrain from selling such Restricted
Stock not registered pursuant to this Section 5 during the period of distribution of the Company’s securities by such underwriters and the period in which the underwriting syndicate participates in the after market; provided,
however, that such holder shall, in any event, be entitled to sell its Restricted Stock in connection with such registration commencing on the 120th day after the effective date of such registration statement. 
  
 (b) If, at a time when Form S-3 is available for such registration, the
Company shall receive from Holding a written request or requests that the Company effect a registration on Form S-3 of any of such holder’s Restricted Stock, the Company will promptly give written notice of the proposed registration to all
other holders of Restricted Stock and, as soon as practicable, effect such registration and all such related qualifications and compliances as may be requested and as would permit or facilitate the sale and distribution of all Restricted Stock as
are specified in such request and any written requests of other holders given within 20 days after receipt of such notice. The Company shall not be required to file a registration statement under Form S-3 if it would not be required to file a
registration statement under Section 4 hereof pursuant to Section 4(a)(iv). The Company shall have no obligation to effect a registration under this Section 5(b) unless either (i) all the outstanding shares
of Restricted Stock are requested to be sold pursuant to such registration or (ii) the aggregate offering price of the securities requested to be sold pursuant to such registration is, in the good faith judgment of the Company, expected to be
equal to or greater than $1,000,000. Any registration under this Section 5(b) will not be counted as a registration under Section 4 above. 
  

 - 4 - 

 SECTION 6 Registration Procedures. If and whenever the Company is required by the provisions of
Section 4 or 5 hereof to use its best efforts to effect the registration of any shares of Restricted Stock under the Securities Act, the Company will, as expeditiously as possible: 
  
 (a) prepare and file with the Commission a registration statement (which, in
the case of an underwritten public offering pursuant to Section 4 hereof, shall be on Form S-l or other form of general applicability satisfactory to the managing underwriter selected as therein provided) with respect to such securities and
use its best efforts to cause such registration statement to become and remain effective for the period of the distribution contemplated thereby (determined as hereinafter provided); 
  
 (b) prepare and file with the Commission such amendments and supplements to such registration statement and the prospectus
used in connection therewith as may be necessary to keep such registration statement effective for the period specified in paragraph 6(a) above and as to comply with the provisions of the Securities Act with respect to the disposition of all
Restricted Stock covered by such registration statement in accordance with the sellers’ intended method of disposition set forth in such registration statement for such period; 
  
 (c) furnish to Holding and to each underwriter such number of copies of the registration statement and the prospectus
included therein (including each preliminary prospectus) as such persons may reasonably request in order to facilitate the public sale or other disposition of the Restricted Stock covered by such registration statement; 
  
 (d) use its best efforts to register or qualify the Restricted Stock covered
by such registration statement under the securities or blue sky laws of such jurisdictions as Holding or, in the case of an underwritten public offering, the managing underwriter shall reasonably request; 
  
 (e) immediately notify Holding under such registration statement and each
underwriter, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the happening of any event as a result of which the prospectus contained in such registration statement, as then in effect, includes
an untrue statement of a material fact or omits to state any material fact required to be stated therein not misleading in the light of the circumstances then existing; 
  
 (f) use its best efforts to furnish, at the request of Holding, on the date that Restricted Stock is delivered to the
underwriters for sale pursuant to such registration: (i) an opinion dated such date of counsel representing the Company for the purposes of such registration, addressed to the underwriters and to Holding, stating (A) that such registration statement
has become effective under the Securities Act, (B) that, to the best knowledge of such counsel, no stop order suspending the effectiveness thereof has been issued and no proceedings for that purpose have been instituted or are pending or
contemplated under the Securities Act and (C) that the registration statement and the related prospectus, and each amendment or supplement thereof, comply as to form in all material respects with the requirements of the Securities Act and the
applicable rules and regulations of the Commission thereunder (except that such counsel need not express any opinion as to financial statements contained therein), and to such other 

  

 - 5 - 

 
effects as may reasonably be requested by counsel for the underwriters or by Holding or its counsel, and (ii) a letter dated such date from the independent
public accountants retained by the Company, addressed to the underwriters and to Holding, stating that they are independent public accountants within the meaning of the Securities Act and that, in the opinion of such accountants, the financial
statements of the Company included in the registration statement or the prospectus, or any amendment or supplement thereof, comply as to form in all material respects with the applicable accounting requirements of the Securities Act, and such letter
shall additionally cover such other financial matters (including information as to the period ending no more than five business days prior to the date of such letter) with respect to the registration in respect of which such letter is being given as
such underwriters or Holding may reasonably request; and 
  
 (g)
make available for inspection by Holding, any underwriter participating in any distribution pursuant to such registration statement, and any attorney, accountant or other agent retained by Holding or underwriter, all financial and other records,
pertinent corporate documents and properties of the Company, and cause the Company’s officers, directors and employees to supply all information reasonably requested by any Holding, underwriter, attorney, accountant or agent in connection with
such registration statement. 
  
 For purposes of paragraphs 6(a)
and (b) above and of Section 4(c) hereof, the period of distribution of Restricted Stock in a firm commitment underwritten public offering shall be deemed to extend until each underwriter has completed the distribution of all securities
purchased by it, and the period of distribution of Restricted Stock in any other registration shall be deemed to extend until the earlier of the sale of all Restricted Stock covered thereby or nine months after the effective date thereof 

 
 In connection with each registration hereunder, the selling holders of
Restricted Stock will furnish to the Company in writing such information with respect to themselves and the proposed distribution by them as shall be necessary in order to assure compliance with Federal and applicable state securities laws.

  
 In connection with each registration pursuant to Sections
4 and 5, hereof covering an underwritten public offering, the Company agrees to enter into a written agreement with the managing underwriter selected in the manner herein provided in such form and containing such provisions as are
customary in the securities business for such an arrangement between major underwriters and companies of the Company’s size and investment stature, provided that such agreement shall not contain any such provision applicable to the
Company which is inconsistent with the provisions hereof and provided, further, that the time and place of the closing under said agreement shall be as mutually agreed upon between the Company and such managing underwriter. 

 
 SECTION 7 Expenses. All expenses incurred by the Company in
complying with Sections 4 and 5 hereof, including, without limitation, all registration and filing fees, printing expenses, fees and disbursements of counsel and independent public accountants for the Company, fees of the National
Association of Securities Dealers, Inc., transfer taxes, fees of transfer agents and registrars and costs of insurance and fees and expenses of counsel for Holding, but excluding any Selling Expenses, are herein called “Registration
Expenses.” All 

  

 - 6 - 

 
underwriting discounts and selling commissions applicable to the sale of Restricted Stock are herein called “Selling Expenses.” The Company will
pay all Registration Expenses in connection with each registration statement filed pursuant to Section 4 or Section 5 hereof. All Selling Expenses incurred in connection with any sale of Restricted Stock by Holding shall be borne by
Holding, provided, however, if the Company withdraws any registration statement before it becomes effective with respect to which Holding shall have exercised incidental registration rights as contemplated by Section 5(a), the
Company shall reimburse Holding for all Selling Expenses incurred in connection with such registration. 
  
 SECTION 8 Indemnification. In the event of a registration of any of the Restricted Stock under the Securities Act pursuant to Section 4 or
5 hereof, the Company will indemnify and hold harmless Holding and each underwriter of such Restricted Stock thereunder and each other person, if any, who controls Holding or underwriter within the meaning of the Securities Act, against any
and all losses, claims, damages, expenses or liabilities, joint or several, to which Holding or underwriter or controlling person may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or
actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in any registration statement under which such Restricted Stock was registered under the Securities Act
pursuant to Section 4 or 5, any preliminary prospectus or final prospectus contained therein, or any amendment or supplement thereof, or arise out of or are based upon the omission or alleged omission to state therein a material fact
required to be stated therein or necessary to make the statements therein not misleading, and will reimburse each Holding, each such underwriter and each such controlling person for any legal or other expenses reasonably incurred by them in
connection with investigating or defending any such loss, claim, damage, liability, expense or action; provided, however, that the Company will not be liable in any such case if and 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 so made in conformity with information furnished by Holding such underwriter or such controlling person in writing specifically
for use in such registration statement or prospectus. 
  
 In the
event of a registration of any of the Restricted Stock under the Securities Act pursuant to Section 4 or 5, hereof, each seller of such Restricted Stock thereunder, severally and not jointly, will indemnify and hold harmless the
Company and each person, if any, who controls the Company within the meaning of the Securities Act, each officer of the Company who signs the registration statement, each director of the Company, each underwriter and each person who controls any
underwriter within the meaning of the Securities Act, against all losses, claims, damages, expenses or liabilities, joint or several, to which the Company or such officer or director or underwriter or controlling person may become subject under the
Securities Act or otherwise, insofar as such losses, claims, damages, expenses or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in the
registration statement under which such Restricted Stock was registered under the Securities Act pursuant to Section 4 or 5, any preliminary prospectus or final prospectus contained therein, or any amendment or supplement thereof, or
arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse the Company and each such officer,
director, underwriter and controlling person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any 

  

 - 7 - 

 
such loss, claim, damage, liability or action, and provided, however, that Holding will be liable hereunder in any such case if and only 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 reliance upon and in conformity with information pertaining to Holding, as
such, furnished in writing to the Company by Holding specifically for use in such registration statement or prospectus; provided, further, however, that the liability of Holding hereunder shall be limited to the proportion of
any such loss, claim, damage, liability or expense which is equal to the proportion that the public offering price of the shares sold by Holding under such registration statement bears to the total public offering price of all securities sold
thereunder, but not to exceed the proceeds received by Holding from the sale of Restricted Stock covered by such registration statement. Promptly after receipt by an indemnified party hereunder 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 hereunder, notify the indemnifying party in writing thereof, but the omission so to notify the indemnifying party shall not relieve it from any
liability which it may have to any indemnified party under this Section 8. 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 in and, to the extent it shall wish, to assume and undertake the defense thereof with counsel reasonably satisfactory to such indemnified party, and, after notice from the indemnifying party to such indemnified party
of its election to assume and undertake the defense thereof, the indemnifying party shall not be liable to such indemnified party under this Section 8 for any legal expenses subsequently incurred by such indemnified party in connection with
the defense thereof other than reasonable costs of investigation and of liaison with counsel so selected; provided, however, that, if the defendants in any such action include both the indemnified party and the indemnifying party and
the indemnified party shall have reasonably concluded that there may be reasonable defenses available to it which are different from or additional to those available to the indemnifying party or if the interests of the indemnified party reasonably
may be deemed to conflict with the interests of the indemnifying party, the indemnified party shall have the right to select a separate counsel and to assume such legal defenses and otherwise to participate in the defense of such action, with the
expenses and fees of such separate counsel and other expenses related to such participation to be reimbursed by the indemnifying party as incurred. 
  
 Notwithstanding the foregoing, any indemnified party shall have the right to retain its own counsel in any such action, but the fees and disbursements of
such counsel shall be at the expense of such indemnified party unless (i) the indemnifying party shall have failed to retain counsel for the indemnified person as aforesaid or (ii) the indemnifying party and such indemnified party shall have
mutually agreed to the retention of such counsel. It is understood that the indemnifying party shall not, in connection with any action or related actions in the same jurisdiction, be liable for the fees and disbursements of more than one separate
firm qualified in such jurisdiction to act as counsel for the indemnified party. The indemnifying party shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if there be a
final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment. If the indemnification provided for in the first two paragraphs of
this Section 8 is unavailable to or insufficient to hold harmless an indemnified party under such paragraphs in respect of any losses, claims, damages or liabilities or actions in respect thereof referred to therein, then each indemnifying
party shall in lieu of indemnifying such indemnified 

  

 - 8 - 

 
party contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or actions in such
proportion as appropriate to reflect the relative fault of the Company, on the one hand, and Holding, on the other, in connection with the statement or omissions which resulted in such losses, claims, damages, liabilities or actions, as well as any
other relevant equitable considerations including the failure to give any notice under the third paragraph of this Section 8. The relative fault shall be determined by reference to, among other things, whether the untrue or alleged untrue
statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company, on the one hand, or by Holding, on the other, and to the parties’ relative intent, knowledge, access to
information and opportunity to correct or prevent such statement or omission. 
  
 The Company and Holding agree that it would not be just and equitable if contribution pursuant to this Section 8 were determined by pro rata allocation or by any other method of allocation which
does not take account of the equitable considerations referred to in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or action in respect thereof,
referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, 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 and the immediately preceding paragraph, Holding shall not be required to contribute any amount in excess of the amount, if any, by which the total price at which the Class A Common Stock
sold by it was offered to the public exceeds the amount of any damages which it would have otherwise been required to pay by reason of such untrue or alleged untrue statement of omission. No person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who is not guilty of such fraudulent misrepresentation. The indemnification of underwriters provided for in this Section 8 shall be on such
other terms and conditions as are at the time customary and reasonably required by such underwriters. In that event the indemnification of Holding in such underwriting shall at Holding’s request be modified to conform to such terms and
conditions. 
  
 SECTION 9 Changes in Class A Common Stock.
If, and as often as, there are any changes in the Class A Common Stock by way of stock split, stock dividend, combination or reclassification, or through merger, consolidation, reorganization or recapitalization or by any other means, appropriate
adjustment shall be made in the provisions hereof, as may be required, so that the rights and privileges granted hereby shall continue with respect to the Class A Common Stock as so changed. 
  
 SECTION 10 Representations and Warranties of the Company. The Company
represents and warrants to Holding as follows (which representations and warranties shall survive the execution and delivery of this Agreement): 
  
 (a) The execution, delivery and performance of this Agreement by the Company have been duly authorized by all requisite corporate action and will not
violate any provision of law, any order of any court or other agency of government the Certificate of Incorporation or By-laws of the Company, or any provision of any indenture, agreement or other instrument to which it or any of its properties or
assets is bound, or conflict with, result in a 

  

 - 9 - 

 
breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, result in the creation
or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Company. 
  
 (b) This Agreement has been duly executed and delivered by the Company and constitutes the legal, valid and binding obligation of the Company, enforceable
in accordance with its terms. 
  
 SECTION 11 Priority on
Registration. If the managing underwriter or underwriters advise the Company and the holders of the Restricted Stock to be registered in writing that in its or their opinion the number of shares of Restricted Stock proposed to be sold in any
registration and any other securities of the Company requested or proposed to be included in such registration exceeds the number that can be sold in such offering without (A) creating a substantial risk that the proceeds or price per share that
will be derived from such registration will be materially reduced or that the number of Restricted Stock to be registered is too large a number to be reasonably sold, or (B) materially and adversely affecting such registration in any other respect,
the Company will (x) include in such registration the aggregate number of Restricted Stock to be registered for each stockholder to be reduced firstly, against the other stockholders, secondly, against Holding; (in each case pro
rata based on the amount of Restricted Stock of the stockholders in the applicable class requested to be included in such registration), and (y) not allow any securities other than Restricted Stock to be included in such registration unless
all Restricted Stock request to be included shall have been included therein, and then only to the extent recommended by the managing underwriter or determined by the Company after consultation with an investment banker of national recognized
standing (notification of which number shall be given by the Company to the holders of Restricted Stock). 
  
 SECTION 12 Rule 144 Reporting. The Company agrees as follows: 
  
 (a) The Company shall make and keep public information available as those terms are understood and defined in Rule 144 under
the Securities Act, at all times from and after 90 days following the effective date of the first registration of the Company under the Securities Act of an offering of its securities to the general public. 
  
 (b) The Company shall file with the Commission in a timely manner all reports
and other documents as the Commission may prescribe under Section 13(a) or 15(d) of the Exchange Act at any time after the Company has become subject to such reporting requirements of the Exchange Act. 
  
 (c) The Company shall furnish to Holding forthwith upon request (i) a written
statement by the Company as to its compliance with the reporting requirements of Rule 144 (at any time from and after 90 days following the effective date of the first registration statement of the Company for an offering of its securities to the
general public), and of the Securities Act and the Exchange Act (at any time after it has become subject to such reporting requirements), (ii) a copy of the most recent annual or quarterly report of the Company, and (iii) such other reports and
documents so filed as Holding may reasonably request to avail itself of any rule or regulation of the Commission allowing Holding to sell any such securities without registration. 
  

 - 10 - 

 SECTION 13 Miscellaneous. 
  
 (a) The rights arising under Sections 4 and 5 shall terminate when (i) Holding is no longer an
“affiliate” as used in Rule 144 and (ii) Holding is permitted to sell all Restricted Stock then held by them pursuant to Rule 144(k). 
  
 (b) All covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the
respective successors and assigns of the parties hereto whether so expressed or not. Without limiting the generality of the foregoing, the registration rights conferred herein on Holding shall inure to the benefit of any and all subsequent holders
from time to time of its Restricted Stock for so long as the certificates representing the Restricted Stock shall be required to bear the legend specified in Section 2 hereof. 
  
 (c) All notices, requests and other communications to be given or otherwise made to any Stockholder or other party hereto
shall be deemed to be sufficient if contained in a written instrument duly transmitted by telecopy or telex or duly sent by overnight courier service or first class registered or certified mail, postage prepaid, addressed to such party at the
address set forth below or at such other address as may hereafter be designated in writing by the addressee to the address or listing all parties: 
  

			
	(a)	  	if to Holding:
		
	 	  	DIV Holding L.L.C.
	 	  	c/o The Veritas Capital Fund II, L.P.
	 	  	660 Madison Avenue
	 	  	New York, New York 10021
	 	  	Facsimile No.: (212) 688-0020
	 	  	Attention: Mr. Robert B. McKeon and
	 	  	        Arvind M. R. Krishnamurthy

		
	 	  	with a copy to:
		
	 	  	Schulte Roth & Zabel LLP
	 	  	919 Third Avenue
	 	  	New York, New York 10022
	 	  	Facsimile: (212) 756-2072
	 	  	Attention: Benjamin M. Polk, Esq.
		
	(b)	  	if to the Company:
		
	 	  	DynCorp International Inc.
	 	  	8445 Freeport Parkway
	 	  	Suite 400
	 	  	Irving, Texas 75063
	 	  	Facsimile No: (972) 929-2853
	 	  	Attention: Michael J. Thorne

  

 - 11 - 

			
	 	  	 with a copy to:

		
	 	  	 DynCorp International LLC

	 	  	 3190 Fairview Park Drive

	 	  	 Suite 350

	 	  	 Falls Church, Virginia 22042

	 	  	 Attention: Ruth Y. Morrel

	 	  	 Fax No.: (571) 722-0252

  
 All notices hereunder
shall be effective on the date of transmission if transmitted by telex or telecopy, on the first day after delivery to an overnight national courier service if sent by such service and on the date of receipt if sent by mail. 
  
 (d) This Agreement shall be governed by and construed in accordance with the
laws of the State of New York. 
  
 (e) (i) EACH PARTY TO THIS
AGREEMENT HEREBY IRREVOCABLY AGREES THAT ANY LEGAL ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR TRANSACTIONS CONTEMPLATED HEREBY MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK OR OF THE UNITED STATES OF AMERICA FOR THE
SOUTHERN DISTRICT OF NEW YORK AND HEREBY EXPRESSLY SUBMITS TO THE PERSONAL JURISDICTION AND VENUE OF SUCH COURTS FOR THE PURPOSES THEREOF AND EXPRESSLY WAIVES ANY CLAIM OF IMPROPER VENUE AND ANY CLAIM THAT THE SUCH COURTS ARE AN INCONVENIENT FORUM.
EACH PARTY HEREBY IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OF ANY OF THE AFOREMENTIONED COURTS IN ANY SUCH SUIT, ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL. POSTAGE PREPAID, TO ITS ADDRESS SET FORTH
IN SECTION 12(C) SUCH SERVICE TO BECOME EFFECTIVE 10 DAYS AFTER SUCH MAILING. 
  
 (ii) THE COMPANY WAIVES ITS RIGHT TO A JURY TRIAL WITH RESPECT TO ANY ACTION OR CLAIM ARISING OUT OF ANY DISPUTE IN CONNECTION WITH THIS AGREEMENT, ANY RIGHTS OR OBLIGATIONS HEREUNDER OR THE PERFORMANCE OF SUCH RIGHTS
AND OBLIGATIONS. EXCEPT AS PROHIBITED BY LAW, THE COMPANY HEREBY WAIVES ANY RIGHT IT MAY HAVE TO CLAIM OR RECOVER IN ANY LITIGATION REFERRED TO IN THE PRECEDING SENTENCE ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES OR ANY DAMAGES OTHER
THAN, OR IN ADDITION TO, ACTUAL DAMAGES. THE COMPANY (X) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF HOLDING HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT HOLDING WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING
WAIVERS AND (Y) ACKNOWLEDGES THAT HOLDING HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE WAIVERS AND CERTIFICATIONS CONTAINED HEREIN. 
  

 - 12 - 

 (f) This Agreement constitutes the entire agreement of the parties with respect to the subject matter
hereof and may not be modified or amended except in writing signed by the Company and Holding. 
  
 (g) Holding may assign and transfer its rights and obligations hereunder, provided that any such assignee or transferee shall have assumed in writing all the obligations of Holding hereunder. 
  
 (h) Telefacsimile transmissions of any executed original document and/or
retransmission of any executed telefacsimile transmission shall be deemed to be the same as the delivery of an executed original. At the request of any party hereto Holding shall confirm telefacsimile transmissions by executing duplicate original
documents and delivering the same to the requesting party or parties. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original
and all of which taken together shall constitute one and the same agreement. 
  

 - 13 - 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above written.

  

			
	DYNCORP INTERNATIONAL INC.
		
	 By:
	 	 
	 Name:
	 	Stephen J. Cannon
	 Title:
	 	President and Chief Executive Officer
	
	DIV HOLDING, L.L.C.
	
	 By: The Veritas Capital Fund II, L.P., as Manager

		
	 By:
	 	 
	 Name:
	 	Robert B. McKeon, a Managing
	 	 	Member of Veritas Capital
	 	 	Management, L.L.C., General Partner

  

 - 14 -

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