Document:

NEITHER THE ISSUANCE AND SALE OF THE SECURITIES
REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR
ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION
IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING,
THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE
SECURITIES.

 

	Principal Amount: $54,000.00	Issue Date: February 5, 2015 Purchase
	Price: $54,000.00	 

 

CONVERTIBLE PROMISSORY NOTE

 

FOR
VALUE RECEIVED, RICH PHARMACEUTICALS, INC., a Nevada corporation (hereinafter called the “Borrower”), hereby promises
to pay to the order of KBM WORLDWIDE, INC., a New York corporation, or registered assigns (the “Holder”) the
sum of $54,000.00 together with any interest as set forth herein,
on November 9, 2015 (the “Maturity Date”), and to pay interest on the unpaid principal balance hereof at the rate of
eight percent (8%) (the “Interest Rate”) per annum from the date hereof (the “Issue Date”) until the same
becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. This Note may not be prepaid in
whole or in part except as otherwise explicitly set forth herein. Any amount of principal or interest on this Note which is not
paid when due shall bear interest at the rate of twenty two percent (22%) per annum from the due date thereof until the same is
paid (“Default Interest”). Interest shall commence accruing on the date that the Note is fully paid and shall be computed
on the basis of a 365-day year and the actual number of days elapsed. All payments due hereunder (to the extent not converted into
common stock, $0.001 par value per share (the “Common Stock”) in accordance with the terms hereof) shall be made in
lawful money of the United States of America. All payments shall be made at such address as the Holder shall hereafter give to
the Borrower by written notice made in accordance with the provisions of this Note. Whenever any amount expressed to be due by
the terms of this Note is due on any day which is not a business day, the same shall instead be due on the next succeeding day
which is a business day and, in the case of any interest payment date which is not the date on which
this Note is paid in full, the extension of the due date thereof shall not be taken into account for purposes of determining the
amount of interest due on such date. As used in this Note, the term “business day” shall mean any day other than a
Saturday, Sunday or a day on which commercial banks in the city of New York, New York are authorized or required by law or executive
order to remain closed. Each capitalized term used herein, and not otherwise defined, shall have the meaning ascribed thereto in
that certain Securities Purchase Agreement dated the date hereof, pursuant to which this Note was originally issued (the “Purchase
Agreement”).

    	 

    	 

    

 

This Note is free from
all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other
similar rights of shareholders of the Borrower and will not impose personal liability upon the holder thereof.

 

The following terms shall
apply to this Note:

 

ARTICLE I. CONVERSION RIGHTS

 

1.1Conversion Right.
The Holder shall have the right from time to time, and at any time during the period beginning on the date which is one hundred
eighty (180) days following the date of this Note and ending on the later of: (i) the Maturity Date and (ii) the date of payment
of the Default Amount (as defined in Article III) pursuant to Section 1.6(a) or Article III, each in respect of the remaining outstanding
principal amount of this Note to convert all or any part of the outstanding and unpaid principal amount of this Note into fully
paid and non- assessable shares of Common Stock, as such Common Stock exists on the Issue Date, or any shares of capital stock
or other securities of the Borrower into which such Common Stock shall hereafter be changed or reclassified at the conversion price
(the “Conversion Price”) determined as provided herein (a “Conversion”); provided, however,
that in no event shall the Holder be entitled to convert any portion of this Note in excess of that portion of this Note upon conversion
of which the sum of (1) the number of shares of Common Stock beneficially owned by the Holder and its affiliates (other than shares
of Common Stock which may be deemed beneficially owned through the ownership of the unconverted portion of the Notes or the unexercised
or unconverted portion of any other security of the Borrower subject to a limitation on conversion or exercise analogous to the
limitations contained herein) and (2) the number of shares of Common Stock issuable upon the conversion of the portion of this
Note with respect to which the determination of this proviso is being made, would result in beneficial ownership by the Holder
and its affiliates of more than 4.99% of the outstanding shares of Common Stock. For purposes of the proviso to the immediately
preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of
1934, as amended (the “Exchange Act”), and Regulations 13D-G thereunder, except as otherwise provided in clause (1)
of such proviso, provided, further, however, that the limitations on conversion may be waived by the Holder
upon, at the election of the Holder, not less than 61 days’ prior notice to the Borrower, and the provisions of the conversion
limitation shall continue to apply until such 61st day (or such later date, as determined by the Holder, as may be specified in
such notice of waiver). The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined
by dividing the Conversion Amount (as defined below) by the applicable Conversion Price then in effect on the date specified in
the notice of conversion, in the form attached hereto as Exhibit A (the “Notice of Conversion”), delivered to the Borrower
by the Holder in accordance with Section 1.4 below; provided that the Notice of Conversion is submitted by facsimile or e-mail
(or by other means resulting in, or reasonably expected to result in, notice) to the Borrower before 6:00 p.m., New York, New York
time on such conversion date (the “Conversion Date”). The term “Conversion Amount” means, with respect
to any conversion of this Note, the sum of (1) the principal amount of this Note to be converted in such conversion plus
(2) at the Holder’s option, accrued and unpaid interest, if any, on such principal amount at the interest rates provided
in this Note to the Conversion Date, plus (3) at the Holder’s option, Default Interest, if any, on the amounts referred
to in the immediately preceding clauses (1) and/or (2) plus (4) at the Holder’s option, any amounts owed to the Holder
pursuant to Sections 1.3 and 1.4(g) hereof.

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1.2Conversion Price.

 

(a)                 
Calculation of Conversion Price. The conversion price (the “Conversion Price”)
shall equal the Variable Conversion Price (as defined herein) (subject to equitable adjustments for stock splits, stock dividends
or rights offerings by the Borrower relating to the Borrower’s securities or the securities of any subsidiary of the Borrower,
combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The "Variable Conversion
Price" shall mean 58% multiplied by the Market Price (as defined herein) (representing a discount rate of 42%). “Market
Price” means the average of the lowest three (3) Trading Prices (as defined below) for the Common Stock during the ten (10)
Trading Day period ending on the latest complete Trading Day prior to the Conversion Date. “Trading Price” means, for
any security as of any date, the closing bid price on the Over-the-Counter Bulletin Board, Pink Sheets electronic quotation system
or applicable trading market (the “OTC”) as reported by a reliable reporting service (“Reporting Service”)
designated by the Holder (i.e. Bloomberg) or, if the OTC is not the principal trading market for such security, the closing bid
price of such security on the principal securities exchange or trading market where such security is listed or traded or, if no
closing bid price of such security is available in any of the foregoing manners, the average of the closing bid prices of any market
makers for such security that are listed in the “pink sheets”. If the Trading Price cannot be calculated for such security
on such date in the manner provided above, the Trading Price shall be the fair market value as mutually determined by the Borrower
and the holders of a majority in interest of the Notes being converted for which the calculation of the Trading Price is required
in order to determine the Conversion Price of such Notes. “Trading Day” shall mean any day on which the Common Stock
is tradable for any period on the OTC, or on the principal securities exchange or other securities market on which the Common Stock
is then being traded.

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(b)                 
Conversion Price During Major Announcements. Notwithstanding anything contained in
Section 1.2(a) to the contrary, in the event the Borrower (i) makes a public announcement that it intends to consolidate or merge
with any other corporation (other than a merger in which the Borrower is the surviving or continuing corporation and its capital
stock is unchanged) or sell or transfer all or substantially all of the assets of the Borrower or (ii) any person, group or entity
(including the Borrower) publicly announces a tender offer to purchase 50% or more of the Borrower’s Common Stock (or any
other takeover scheme) (the date of the announcement referred to in clause (i) or (ii) is hereinafter referred to as the “Announcement
Date”), then the Conversion Price shall, effective upon the Announcement Date and continuing through the Adjusted Conversion
Price Termination Date (as defined below), be equal to the lower of (x) the Conversion Price which would have been applicable for
a Conversion occurring on the Announcement Date and (y) the Conversion Price that would otherwise be in effect. From and after
the Adjusted Conversion Price Termination Date, the Conversion Price shall be determined as set forth in this Section 1.2(a). For
purposes hereof, “Adjusted Conversion Price Termination Date” shall mean, with respect to any proposed transaction
or tender offer (or takeover scheme) for which a public announcement as contemplated by this Section 1.2(b) has been made, the
date upon which the Borrower (in the case of clause (i) above) or the person, group or entity (in the case of clause (ii) above)
consummates or publicly announces the termination or abandonment of the proposed transaction or tender offer (or takeover scheme)
which caused this Section 1.2(b) to become operative.

 

1.3Authorized Shares.
The Borrower covenants that during the period the conversion right exists, the Borrower will reserve from its authorized and unissued
Common Stock a sufficient number of shares, free from preemptive rights, to provide for the issuance of Common Stock upon the full
conversion of this Note issued pursuant to the Purchase Agreement. The Borrower is required at all times to have authorized and
reserved eight times the number of shares that is actually issuable upon full conversion of the Note (based on the Conversion Price
of the Notes in effect from time to time)(the “Reserved Amount”). The Reserved Amount shall be increased from time
to time in accordance with the Borrower’s obligations hereunder. The Borrower represents that upon issuance, such shares
will be duly and validly issued, fully paid and non-assessable. In addition, if the Borrower shall issue any securities or make
any change to its capital structure which would change the number of shares of Common Stock into which the Notes shall be convertible
at the then current Conversion Price, the Borrower shall at the same time make proper provision so that thereafter there shall
be a sufficient number of shares of Common Stock authorized and reserved, free from preemptive rights, for conversion of the outstanding
Notes. The Borrower (i) acknowledges that it has irrevocably instructed its transfer agent to issue certificates for the Common
Stock issuable upon conversion of this Note, and (ii) agrees that its issuance of this Note shall constitute full authority to
its officers and agents who are charged with the duty of executing stock certificates to execute and issue the necessary certificates
for shares of Common Stock in accordance with the terms and conditions of this Note.

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If, at any time the Borrower
does not maintain the Reserved Amount it will be considered an Event of Default under Section 3.2 of the Note.

 

1.4Method of Conversion.

 

(A)               
Mechanics of Conversion. Subject to Section 1.1, this Note may be converted by the
Holder in whole or in part at any time from time to time after the Issue Date, by submitting to the Borrower a Notice of Conversion
(by facsimile, e-mail or other reasonable means of communication dispatched on the Conversion Date prior to 6:00 p.m., New York,
New York time) and (B) subject to Section 1.4(b), surrendering this Note at the principal office of the Borrower.

 

(B)               
Surrender of Note Upon Conversion. Notwithstanding anything to the contrary set forth
herein, upon conversion of this Note in accordance with the terms hereof, the Holder shall not be required to physically surrender
this Note to the Borrower unless the entire unpaid principal amount of this Note is so converted. The Holder and the Borrower shall
maintain records showing the principal amount so converted and the dates of such conversions or shall use such other method, reasonably
satisfactory to the Holder and the Borrower, so as not to require physical surrender of this Note upon each such conversion. In
the event of any dispute or discrepancy, such records of the Borrower shall, prima facie, be controlling and determinative in the
absence of manifest error. Notwithstanding the foregoing, if any portion of this Note is converted as aforesaid, the Holder may
not transfer this Note unless the Holder first physically surrenders this Note to the Borrower, whereupon the Borrower will forthwith
issue and deliver upon the order of the Holder a new Note of like tenor, registered as the Holder (upon payment by the Holder of
any applicable transfer taxes) may request, representing in the aggregate the remaining unpaid principal amount of this Note. The
Holder and any assignee, by acceptance of this Note, acknowledge and agree that, by reason of the provisions of this paragraph,
following conversion of a portion of this Note, the unpaid and unconverted principal amount of this Note represented by this Note
may be less than the amount stated on the face hereof.

 

(C)               
Payment of Taxes. The Borrower shall not be required to pay any tax which may be payable
in respect of any transfer involved in the issue and delivery of shares of Common Stock or other securities or property on conversion
of this Note in a name other than that of the Holder (or in street name), and the Borrower shall not be required to issue or deliver
any such shares or other securities or property unless and until the person or persons (other than the Holder or the custodian
in whose street name such shares are to be held for the Holder’s account) requesting the issuance thereof shall have paid
to the Borrower the amount of any such tax or shall have established to the satisfaction of the Borrower that such tax has been
paid.

 

(D)               
Delivery of Common Stock Upon Conversion. Upon receipt by the Borrower from the Holder
of a facsimile transmission or e-mail (or other reasonable means of communication) of a Notice of Conversion meeting the requirements
for conversion as provided in this Section 1.4, the Borrower shall issue and deliver or cause to be issued and delivered to or
upon the order of the Holder certificates for the Common Stock issuable upon such conversion within three (3) business days after
such receipt (the “Deadline”) (and, solely in the case of conversion of the entire unpaid principal amount hereof,
surrender of this Note) in accordance with the terms hereof and the Purchase Agreement.

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(E)               
Obligation of Borrower to Deliver Common Stock. Upon receipt by the Borrower of a Notice
of Conversion, the Holder shall be deemed to be the holder of record of the Common Stock issuable upon such conversion, the outstanding
principal amount and the amount of accrued and unpaid interest on this Note shall be reduced to reflect such conversion, and, unless
the Borrower defaults on its obligations under this Article I, all rights with respect to the portion of this Note being so converted
shall forthwith terminate except the right to receive the Common Stock or other securities, cash or other assets, as herein provided,
on such conversion. If the Holder shall have given a Notice of Conversion as provided herein, the Borrower’s obligation to
issue and deliver the certificates for Common Stock shall be absolute and unconditional, irrespective of the absence of any action
by the Holder to enforce the same, any waiver or consent with respect to any provision thereof, the recovery of any judgment against
any person or any action to enforce the same, any failure or delay in the enforcement of any other obligation of the Borrower to
the holder of record, or any setoff, counterclaim, recoupment, limitation or termination, or any breach or alleged breach by the
Holder of any obligation to the Borrower, and irrespective of any other circumstance which might otherwise limit such obligation
of the Borrower to the Holder in connection with such conversion. The Conversion Date specified in the Notice of Conversion shall
be the Conversion Date so long as the Notice of Conversion is received by the Borrower before 6:00 p.m., New York, New York time,
on such date.

 

(F)                
Delivery of Common Stock by Electronic Transfer. In lieu of delivering physical certificates
representing the Common Stock issuable upon conversion, provided the Borrower is participating in the Depository Trust Company
(“DTC”) Fast Automated Securities Transfer (“FAST”) program, upon request of the Holder and its compliance
with the provisions contained in Section 1.1 and in this Section 1.4, the Borrower shall use its best efforts to cause its transfer
agent to electronically transmit the Common Stock issuable upon conversion to the Holder by crediting the account of Holder’s
Prime Broker with DTC through its Deposit Withdrawal Agent Commission (“DWAC”) system.

 

(G)               
Failure to Deliver Common Stock Prior to Deadline. Without in any way limiting the
Holder’s right to pursue other remedies, including actual damages and/or equitable relief, the parties agree that if delivery
of the Common Stock issuable upon conversion of this Note is not delivered by the Deadline (other than a failure due to the circumstances
described in Section 1.3 above, which failure shall be governed by such Section) the Borrower shall pay to the Holder $2,000 per
day in cash, for each day beyond the Deadline that the Borrower fails to deliver such Common Stock. Such cash amount shall be paid
to Holder by the fifth day of the month following the month in which it has accrued or, at the option of the Holder (by written
notice to the Borrower by the first day of the month following the month in which it has accrued), shall be added to the principal
amount of this Note, in which event interest shall accrue thereon in accordance with the terms of this Note and such additional
principal amount shall be convertible into Common Stock in accordance with the terms of this Note. The Borrower agrees that the
right to convert is a valuable right to the Holder. The damages resulting from a failure, attempt to frustrate, interference with
such conversion right are difficult if not impossible to qualify. Accordingly the parties acknowledge that the liquidated damages
provision contained in this Section 1.4(g) are justified.

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1.5 Concerning
the Shares. The shares of Common Stock issuable upon conversion of this Note may not be sold or transferred unless (i) such
shares are sold pursuant to an effective registration statement under the Act or (ii) the Borrower or its transfer agent shall
have been furnished with an opinion of counsel (which opinion shall be in form, substance and scope customary for opinions of
counsel in comparable transactions) to the effect that the shares to be sold or transferred may be sold or transferred pursuant
to an exemption from such registration or (iii) such shares are sold or transferred pursuant to Rule 144 under the Act (or a successor
rule) (“Rule 144”) or (iv) such shares are transferred to an “affiliate” (as defined in Rule 144) of the
Borrower who agrees to sell or otherwise transfer the shares only in accordance with this Section 1.5 and who is an Accredited
Investor (as defined in the Purchase Agreement). Except as otherwise provided in the Purchase Agreement (and subject to the removal
provisions set forth below), until such time as the shares of Common Stock issuable upon conversion of this Note have been registered
under the Act or otherwise may be sold pursuant to Rule 144 without any restriction as to the number of securities as of a particular
date that can then be immediately sold, each certificate for shares of Common Stock issuable upon conversion of this Note that
has not been so included in an effective registration statement or that has not been sold pursuant to an effective registration
statement or an exemption that permits removal of the legend, shall bear a legend substantially in the following form, as appropriate:

 

“NEITHER THE ISSUANCE AND SALE
OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE EXERCISABLE HAVE BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE,
SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE
FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING
THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT
SECURED BY THE SECURITIES.”

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The legend set forth above
shall be removed and the Borrower shall issue to the Holder a new certificate therefore free of any transfer legend if (i) the
Borrower or its transfer agent shall have received an opinion of counsel, in form, substance and scope customary for opinions of
counsel in comparable transactions, to the effect that a public sale or transfer of such Common Stock may be made without registration
under the Act, which opinion shall be accepted by the Company so that the sale or transfer is effected or (ii) in the case of the
Common Stock issuable upon conversion of this Note, such security is registered for sale by the Holder under an effective registration
statement filed under the Act or otherwise may be sold pursuant to Rule 144 without any restriction as to the number of securities
as of a particular date that can then be immediately sold. In the event that the Company does not accept the opinion of counsel
provided by the Holder with respect to the transfer of Securities pursuant to an exemption from registration, such as Rule 144
or Regulation S, at the Deadline, it will be considered an Event of Default pursuant to Section 3.2 of the Note.

 

1.6Effect of Certain
Events.

 

(A)               
Effect of Merger, Consolidation, Etc. At the option of the Holder, the sale, conveyance
or disposition of all or substantially all of the assets of the Borrower, the effectuation by the Borrower of a transaction or
series of related transactions in which more than 50% of the voting power of the Borrower is disposed of, or the consolidation,
merger or other business combination of the Borrower with or into any other Person (as defined below) or Persons when the Borrower
is not the survivor shall either: (i) be deemed to be an Event of Default (as defined in Article III) pursuant to which the Borrower
shall be required to pay to the Holder upon the consummation of and as a condition to such transaction an amount equal to the Default
Amount (as defined in Article III) or (ii) be treated pursuant to Section 1.6(b) hereof. “Person” shall mean any individual,
corporation, limited liability company, partnership, association, trust or other entity or organization.

 

(B)               
Adjustment Due to Merger, Consolidation, Etc. If, at any time when this Note is issued
and outstanding and prior to conversion of all of the Notes, there shall be any merger, consolidation, exchange of shares, recapitalization,
reorganization, or other similar event, as a result of which shares of Common Stock of the Borrower shall be changed into the same
or a different number of shares of another class or classes of stock or securities of the Borrower or another entity, or in case
of any sale or conveyance of all or substantially all of the assets of the Borrower other than in connection with a plan of complete
liquidation of the Borrower, then the Holder of this Note shall thereafter have the right to receive upon conversion of this Note,
upon the basis and upon the terms and conditions specified herein and in lieu of the shares of Common Stock immediately theretofore
issuable upon conversion, such stock, securities or assets which the Holder would have been entitled to receive in such transaction
had this Note been converted in full immediately prior to such transaction (without regard to any limitations on conversion set
forth herein), and in any such case appropriate provisions shall be made with respect to the rights and interests of the Holder
of this Note to the end that the provisions hereof (including, without limitation, provisions for adjustment of the Conversion
Price and of the number of shares issuable upon conversion of the Note) shall thereafter be applicable, as nearly as may be practicable
in relation to any securities or assets thereafter deliverable upon the conversion hereof. The Borrower shall not affect any transaction
described in this Section 1.6(b) unless (a) it first gives, to the extent practicable, thirty (30) days prior written notice (but
in any event at least fifteen (15) days prior written notice) of the record date of the special meeting of shareholders to approve,
or if there is no such record date, the consummation of, such merger, consolidation, exchange of shares, recapitalization, reorganization
or other similar event or sale of assets (during which time the Holder shall be entitled to convert this Note) and (b) the resulting
successor or acquiring entity (if not the Borrower) assumes by written instrument the obligations of this Section 1.6(b). The above
provisions shall similarly apply to successive consolidations, mergers, sales, transfers or share exchanges.

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(C)               
Adjustment Due to Distribution. If the Borrower shall declare or make any distribution
of its assets (or rights to acquire its assets) to holders of Common Stock as a dividend, stock repurchase, by way of return of
capital or otherwise (including any dividend or distribution to the Borrower’s shareholders in cash or shares (or rights
to acquire shares) of capital stock of a subsidiary (i.e., a spin-off)) (a “Distribution”), then the Holder of this
Note shall be entitled, upon any conversion of this Note after the date of record for determining shareholders entitled to such
Distribution, to receive the amount of such assets which would have been payable to the Holder with respect to the shares of Common
Stock issuable upon such conversion had such Holder been the holder of such shares of Common Stock on the record date for the determination
of shareholders entitled to such Distribution.

 

(D)               
Adjustment Due to Dilutive Issuance. If, at any time when any Notes are issued and
outstanding, the Borrower issues or sells, or in accordance with this Section 1.6(d) hereof is deemed to have issued or sold, any
shares of Common Stock for no consideration or for a consideration per share (before deduction of reasonable expenses or commissions
or underwriting discounts or allowances in connection therewith) or for consideration per share which is less than the Conversion
Price in effect on the date of such issuance (or deemed issuance) of such shares of Common Stock (a “Dilutive Issuance”),
then immediately upon the Dilutive Issuance, the Conversion Price will be reduced to the amount of the consideration per share
received by the Borrower in such Dilutive Issuance.

 

The Borrower shall be deemed
to have issued or sold shares of Common Stock if the Borrower in any manner issues or grants any warrants, rights or options (not
including employee stock option plans or the issuance of shares to employees or consultants for compensation or the issuance of
shares in consideration for patents or other intellectual property), whether or not immediately exercisable, to subscribe for or
to purchase Common Stock or other securities convertible into or exchangeable for Common Stock (“Convertible Securities”)
(such warrants, rights and options to purchase Common Stock or Convertible Securities are hereinafter referred to as “Options”)
and the price per share for which Common Stock is issuable upon the exercise of such Options is less than the Conversion Price
then in effect, then the Conversion Price shall be equal to such price per share. For purposes of the preceding sentence, the “price
per share for which Common Stock is issuable upon the exercise of such Options” is determined by dividing (i) the total amount,
if any, received or receivable by the Borrower as consideration for the issuance or granting of all such Options, plus the minimum
aggregate amount of additional consideration, if any, payable to the Borrower upon the exercise of all such Options, plus, in the
case of Convertible Securities issuable upon the exercise of such Options, the minimum aggregate amount of additional consideration
payable upon the conversion or exchange thereof at the time such Convertible Securities first become convertible or exchangeable,
by (ii) the maximum total number of shares of Common Stock issuable upon the exercise of all such Options (assuming full conversion
of Convertible Securities, if applicable). No further adjustment to the Conversion Price will be made upon the actual issuance
of such Common Stock upon the exercise of such Options or upon the conversion or exchange of Convertible Securities issuable upon
exercise of such Options.

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Additionally, the Borrower
shall be deemed to have issued or sold shares of Common Stock if the Borrower in any manner issues or sells any Convertible Securities,
whether or not immediately convertible (other than where the same are issuable upon the exercise of Options), and the price per
share for which Common Stock is issuable upon such conversion or exchange is less than the Conversion Price then in effect, then
the Conversion Price shall be equal to such price per share. For the purposes of the preceding sentence, the “price per share
for which Common Stock is issuable upon such conversion or exchange” is determined by dividing (i) the total amount, if any,
received or receivable by the Borrower as consideration for the issuance or sale of all such Convertible Securities, plus the minimum
aggregate amount of additional consideration, if any, payable to the Borrower upon the conversion or exchange thereof at the time
such Convertible Securities first become convertible or exchangeable, by (ii) the maximum total number of shares of Common Stock
issuable upon the conversion or exchange of all such Convertible Securities. No further adjustment to the Conversion Price will
be made upon the actual issuance of such Common Stock upon conversion or exchange of such Convertible Securities.

 

(E)               
Purchase Rights. If, at any time when any Notes are issued and outstanding, the Borrower
issues any convertible securities or rights to purchase stock, warrants, securities or other property (the “Purchase Rights”)
pro rata to the record holders of any class of Common Stock, then the Holder of this Note will be entitled to acquire, upon the
terms applicable to such Purchase Rights, the aggregate Purchase Rights which such Holder could have acquired if such Holder had
held the number of shares of Common Stock acquirable upon complete conversion of this Note (without regard to any limitations on
conversion contained herein) immediately before the date on which a record is taken for the grant, issuance or sale of such Purchase
Rights or, if no such record is taken, the date as of which the record holders of Common Stock are to be determined for the grant,
issue or sale of such Purchase Rights.

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(F)                
Notice of Adjustments. Upon the occurrence of each adjustment or readjustment of the
Conversion Price as a result of the events described in this Section 1.6, the Borrower, at its expense, shall promptly compute
such adjustment or readjustment and prepare and furnish to the Holder a certificate setting forth such adjustment or readjustment
and showing in detail the facts upon which such adjustment or readjustment is based. The Borrower shall, upon the written request
at any time of the Holder, furnish to such Holder a like certificate setting forth (i) such adjustment or readjustment, (ii) the
Conversion Price at the time in effect and (iii) the number of shares of Common Stock and the amount, if any, of other securities
or property which at the time would be received upon conversion of the Note.

 

1.7Trading Market
Limitations. Unless permitted by the applicable rules and regulations of the principal securities market on which the Common
Stock is then listed or traded, in no event shall the Borrower issue upon conversion of or otherwise pursuant to this Note and
the other Notes issued pursuant to the Purchase Agreement more than the maximum number of shares of Common Stock that the Borrower
can issue pursuant to any rule of the principal United States securities market on which the Common Stock is then traded (the “Maximum
Share Amount”), which shall be 4.99% of the total shares outstanding on the Closing Date (as defined in the Purchase Agreement),
subject to equitable adjustment from time to time for stock splits, stock dividends, combinations, capital reorganizations and
similar events relating to the Common Stock occurring after the date hereof. Once the Maximum Share Amount has been issued, if
the Borrower fails to eliminate any prohibitions under applicable law or the rules or regulations of any stock exchange, interdealer
quotation system or other self-regulatory organization with jurisdiction over the Borrower or any of its securities on the Borrower’s
ability to issue shares of Common Stock in excess of the Maximum Share Amount, in lieu of any further right to convert this Note,
this will be considered an Event of Default under Section 3.3 of the Note.

 

1.8Status as Shareholder.
Upon submission of a Notice of Conversion by a Holder, (i) the shares covered thereby (other than the shares, if any, which cannot
be issued because their issuance would exceed such Holder’s allocated portion of the Reserved Amount or Maximum Share Amount)
shall be deemed converted into shares of Common Stock and (ii) the Holder’s rights as a Holder of such converted portion
of this Note shall cease and terminate, excepting only the right to receive certificates for such shares of Common Stock and to
any remedies provided herein or otherwise available at law or in equity to such Holder because of a failure by the Borrower to
comply with the terms of this Note. Notwithstanding the foregoing, if a Holder has not received certificates for all shares of
Common Stock prior to the tenth (10th) business day after the expiration of the Deadline with respect to a conversion of any portion
of this Note for any reason, then (unless the Holder otherwise elects to retain its status as a holder of Common Stock by so notifying
the Borrower) the Holder shall regain the rights of a Holder of this Note with respect to such unconverted portions of this Note
and the Borrower shall, as soon as practicable, return such unconverted Note to the Holder or, if the Note has not been surrendered,
adjust its records to reflect that such portion of this Note has not been converted. In all cases, the Holder shall retain all
of its rights and remedies (including, without limitation, (i) the right to receive Conversion Default Payments pursuant to Section
1.3 to the extent required thereby for such Conversion Default and any subsequent Conversion Default and (ii) the right to have
the Conversion Price with respect to subsequent conversions determined in accordance with Section 1.3) for the Borrower’s
failure to convert this Note.

    	11

    	 

    

 

1.9Prepayment.
Notwithstanding anything to the contrary contained in this Note, at any time during the periods set forth on the table immediately
following this paragraph (the “Prepayment Periods”), the Borrower shall have the right, exercisable on not less than
three (3) Trading Days prior written notice to the Holder of the Note to prepay the outstanding Note (principal and accrued interest),
in full, in accordance with this Section 1.9. Any notice of prepayment hereunder (an “Optional Prepayment Notice”)
shall be delivered to the Holder of the Note at its registered addresses and shall state: (1) that the Borrower is exercising its
right to prepay the Note, and (2) the date of prepayment which shall be not more than three (3) Trading Days from the date of the
Optional Prepayment Notice. On the date fixed for prepayment (the “Optional Prepayment Date”), the Borrower shall make
payment of the Optional Prepayment Amount (as defined below) to Holder, or upon the order of the Holder as specified by the Holder
in writing to the Borrower, at least one (1) business day prior to the Optional Prepayment Date. If the Borrower exercises its
right to prepay the Note, the Borrower shall make payment to the Holder of an amount in cash (the “Optional Prepayment Amount”)
equal to the percentage (“Prepayment Percentage”) as set forth in the table immediately following this paragraph opposite
the applicable Prepayment Period, multiplied by the sum of: (w) the then outstanding principal amount of this Note plus (x) accrued
and unpaid interest on the unpaid principal amount of this Note to the Optional Prepayment Date plus (y) Default Interest, if any,
on the amounts referred to in clauses (w) and (x) plus (z) any amounts owed to the Holder pursuant to Sections 1.3 and 1.4(g) hereof.
If the Borrower delivers an Optional Prepayment Notice and fails to pay the Optional Prepayment Amount due to the Holder of the
Note within two (2) business days following the Optional Prepayment Date, the Borrower shall forever forfeit its right to prepay
the Note pursuant to this Section 1.9.

 

	
        Prepayment Period

         
	
        Prepayment Percentage

         

	1.       The period beginning on the Issue Date and ending on the date which is one hundred twenty (120) days following the Issue Date.	   140%
	2.      The period beginning on the date which is one hundred twenty-one (121) days following the Issue Date and ending on the date which is one hundred eighty (180) days following the Issue Date	
        150%

         

    	12

    	 

    

 

After the expiration of one
hundred eighty (180) following the date of the Note, the Borrower shall have no right of prepayment.

 

 

ARTICLE II. CERTAIN COVENANTS

 

2.1  Distributions on Capital Stock. So long as the Borrower shall have any obligation under
this Note, the Borrower shall not without the Holder’s written consent (a) pay, declare or set apart for such payment, any
dividend or other distribution (whether in cash, property or other securities) on shares of capital stock other than dividends
on shares of Common Stock solely in the form of additional shares of Common Stock or (b) directly or indirectly or through any
subsidiary make any other payment or distribution in respect of its capital stock except for distributions pursuant to any shareholders’
rights plan which is approved by a majority of the Borrower’s disinterested directors.

 

2.2  Restriction on Stock Repurchases. So long as the Borrower shall have any obligation
under this Note, the Borrower shall not without the Holder’s written consent redeem, repurchase or otherwise acquire (whether
for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions
any shares of capital stock of the Borrower or any warrants, rights or options to purchase or acquire any such shares.

 

2.3  Borrowings.
So long as the Borrower shall have any obligation under this Note, the Borrower shall not, without the Holder’s written
consent, (a) create, incur, assume guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation
of any other person, firm, partnership, joint venture or corporation, except by the endorsement of negotiable instruments for
deposit or collection, or (b) suffer to exist any liability for borrowed money, except any borrowings that does not render the
Borrower a "Shell" company as defined in Rule 12b-2 under the Securities Exchange Act of 1934.

 

2.4  Sale
of Assets. So long as the Borrower shall have any obligation under this Note, the Borrower shall not, without the
Holder’s written consent, sell, lease or otherwise dispose of any significant portion of its assets outside the
ordinary course of business. Any consent to the disposition of any assets may be conditioned on a specified use of the
proceeds of disposition.

    	13

    	 

    

 

2.5 Advances
and Loans. So long as the Borrower shall have any obligation under this Note, the Borrower shall not, without the Holder’s
written consent, lend money, give credit or make advances to any person, firm, joint venture or corporation, including, without
limitation, officers, directors, employees, subsidiaries and affiliates of the Borrower, except loans, credits or advances (a)
in existence or committed on the date hereof and which the Borrower has informed Holder in writing prior to the date hereof, (b)
made in the ordinary course of business or (c) not in excess of $100,000.

 

ARTICLE III. EVENTS OF DEFAULT

 

If any of the following events
of default (each, an “Event of Default”) shall occur:

 

3.1  Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof
or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise.

 

3.2  Conversion
and the Shares. The Borrower fails to issue shares of Common Stock to the Holder (or announces or threatens in writing that
it will not honor its obligation to do so) upon exercise by the Holder of the conversion rights of the Holder in accordance with
the terms of this Note, fails to transfer or cause its transfer agent to transfer (issue) (electronically or in certificated form)
any certificate for shares of Common Stock issued to the Holder upon conversion of or otherwise pursuant to this Note as and when
required by this Note, the Borrower directs its transfer agent not to transfer or delays, impairs, and/or hinders its transfer
agent in transferring (or issuing) (electronically or in certificated form) any certificate for shares of Common Stock to be issued
to the Holder upon conversion of or otherwise pursuant to this Note as and when required by this Note, or fails to remove (or
directs its transfer agent not to remove or impairs, delays, and/or hinders its transfer agent from removing) any restrictive
legend (or to withdraw any stop transfer instructions in respect thereof) on any certificate for any shares of Common Stock issued
to the Holder upon conversion of or otherwise pursuant to this Note as and when required by this Note (or makes any written announcement,
statement or threat that it does not intend to honor the obligations described in this paragraph) and any such failure shall continue
uncured (or any written announcement, statement or threat not to honor its obligations shall not be rescinded in writing) for
three (3) business days after the Holder shall have delivered a Notice of Conversion. It is an obligation of the Borrower to remain
current in its obligations to its transfer agent. It shall be an event of default of this Note, if a conversion of this Note is
delayed, hindered or frustrated due to a balance owed by the Borrower to its transfer agent. If at the option of the Holder, the
Holder advances any funds to the Borrower’s transfer agent in order to process a conversion, such advanced funds shall be
paid by the Borrower to the Holder within forty eight (48) hours of a demand from the Holder.

    	14

    	 

    

 

3.3  Breach
of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any
collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days
after written notice thereof to the Borrower from the Holder.

 

3.4   Breach of Representations and Warranties. Any representation or warranty of the Borrower
made herein or in any agreement, statement or certificate given in writing pursuant hereto or in connection herewith (including,
without limitation, the Purchase Agreement), shall be false or misleading in any material respect when made and the breach of which
has (or with the passage of time will have) a material adverse effect on the rights of the Holder with respect to this Note or
the Purchase Agreement.

 

3.5   Receiver or Trustee. The Borrower or any subsidiary of the Borrower shall make an assignment
for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part
of its property or business, or such a receiver or trustee shall otherwise be appointed.

 

3.6   Judgments. Any money judgment, writ or similar process shall be entered or filed against
the Borrower or any subsidiary of the Borrower or any of its property or other assets for more than $50,000, and shall remain unvacated,
unbonded or unstayed for a period of twenty (20) days unless otherwise consented to by the Holder, which consent will not be unreasonably
withheld.

 

3.7   Bankruptcy.
Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings, voluntary or involuntary, for relief under
any bankruptcy law or any law for the relief of debtors shall be instituted by or against the Borrower or any subsidiary of the
Borrower.

 

3.8    Delisting of Common Stock. The Borrower shall fail to maintain the listing of the Common
Stock on at least one of the OTCBB, OTC Markets or an equivalent replacement exchange, the Nasdaq National Market, the Nasdaq SmallCap
Market, the New York Stock Exchange, or the American Stock Exchange.

 

3.9   Failure to Comply with the Exchange Act. The Borrower shall fail to comply with the
reporting requirements of the Exchange Act; and/or the Borrower shall cease to be subject to the reporting requirements of the
Exchange Act.

 

3.10  Liquidation.
Any dissolution, liquidation, or winding up of Borrower or any substantial portion of its business.

 

3.11  Cessation
of Operations. Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts
as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going
concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

    	15

    	 

    

 

3.12  Maintenance
of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other
assets which are necessary to conduct its business (whether now or in the future).

 

3.13 Financial
Statement Restatement. The restatement of any financial statements filed by the Borrower with the SEC for any date or period
from two years prior to the Issue Date of this Note and until this Note is no longer outstanding, if the result of such restatement
would, by comparison to the unrestated financial statement, have constituted a material adverse effect on the rights of the Holder
with respect to this Note or the Purchase Agreement.

 

3.14  Reverse
Splits. The Borrower effectuates a reverse split of its Common Stock without twenty (20) days prior written notice to the
Holder.

 

3.15  Replacement of Transfer Agent. In the event that the Borrower proposes to replace its
transfer agent, the Borrower fails to provide, prior to the effective date of such replacement, a fully executed Irrevocable Transfer
Agent Instructions in a form as initially delivered pursuant to the Purchase Agreement (including but not limited to the provision
to irrevocably reserve shares of Common Stock in the Reserved Amount) signed by the successor transfer agent to Borrower and the
Borrower.

 

3.16  Cross-Default. Notwithstanding anything to the contrary contained in this Note or the
other related or companion documents, a breach or default by the Borrower of any covenant or other term or condition contained
in any of the Other Agreements, after the passage of all applicable notice and cure or grace periods, shall, at the option of the
Holder, be considered a default under this Note and the Other Agreements, in which event the Holder shall be entitled (but in no
event required) to apply all rights and remedies of the Holder under the terms of this Note and the Other Agreements by reason
of a default under said Other Agreement or hereunder. “Other Agreements” means, collectively, all agreements and instruments
between, among or by: (1) the Borrower, and, or for the benefit of, (2) the Holder and any affiliate of the Holder, including,
without limitation, promissory notes; provided, however, the term “Other Agreements” shall not include the related
or companion documents to this Note. Each of the loan transactions will be cross-defaulted with each other loan transaction and
with all other existing and future debt of Borrower to the Holder.

    	16

    	 

    

 

Upon the occurrence of
any Event of Default specified in Section 3.1 (solely with respect to failure to pay the principal hereof or interest thereon when
due at the Maturity Date), the Note shall become immediately due and payable and the Borrower shall pay to the Holder, in full
satisfaction of its obligations hereunder, an amount equal to the Default Sum (as defined herein). UPON THE OCCURRENCE OF ANY EVENT
OF DEFAULT SPECIFIED IN SECTION 3.2, THE NOTE SHALL BECOME IMMEDIATELY DUE AND PAYABLE AND THE BORROWER SHALL PAY TO THE HOLDER,
IN FULL SATISFACTION OF ITS OBLIGATIONS HEREUNDER, AN AMOUNT EQUAL TO: (Y) THE DEFAULT SUM (AS DEFINED HEREIN); MULTIPLIED BY (Z)
TWO (2). Upon the occurrence of any Event of Default, other than Section 3.2, exercisable through the delivery of written notice
to the Borrower by such Holders (the “Default Notice”), the Note shall become immediately due and payable and the Borrower
shall pay to the Holder, in full satisfaction of its obligations hereunder, an amount equal to the greater of (i) 150% times
the sum of (w) the then outstanding principal amount of this Note plus (x) accrued and unpaid interest on the unpaid
principal amount of this Note to the date of payment (the “Mandatory Prepayment Date”) plus (y) Default Interest,
if any, on the amounts referred to in clauses (w) and/or (x) plus (z) any amounts owed to the Holder pursuant to Sections
1.3 and 1.4(g) hereof (the then outstanding principal amount of this Note to the date of payment plus the amounts referred
to in clauses (x), (y) and (z) shall collectively be known as the “Default Sum”) or (ii) the “parity value”
of the Default Sum to be prepaid, where parity value means (a) the highest number of shares of Common Stock issuable upon conversion
of or otherwise pursuant to such Default Sum in accordance with Article I, treating the Trading Day immediately preceding the Mandatory
Prepayment Date as the “Conversion Date” for purposes of determining the lowest applicable Conversion Price, unless
the Default Event arises as a result of a breach in respect of a specific Conversion Date in which case such Conversion Date shall
be the Conversion Date), multiplied by (b) the highest Closing Price for the Common Stock during the period beginning on
the date of first occurrence of the Event of Default and ending one day prior to the Mandatory Prepayment Date (the “Default
Amount”) and all other amounts payable hereunder shall immediately become due and payable, all without demand, presentment
or notice, all of which hereby are expressly waived, together with all costs, including, without limitation, legal fees and expenses,
of collection, and the Holder shall be entitled to exercise all other rights and remedies available at law or in equity.

 

If the Borrower fails to
pay the Default Amount within five (5) business days of written notice that such amount is due and payable, then the Holder shall
have the right at any time, so long and to the extent that there are sufficient authorized shares, to require the Borrower, upon
written notice, to convert the Default Amount into shares of Common Stock of the Borrower pursuant to Section 1.1 hereof.

    	17

    	 

    

 

ARTICLE IV. MISCELLANEOUS

 

4.1  Failure or Indulgence Not Waiver. No failure or delay on the part of the Holder in
the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise
of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privileges. All
rights and remedies existing hereunder are cumulative to, and not exclusive of, any rights or remedies otherwise available.

 

4.2   Notices.
All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder shall be in writing
and, unless otherwise specified herein, shall be (i) personally served, (ii) deposited in the mail, registered or certified, return
receipt requested, postage prepaid, (iii) delivered by reputable air courier service with charges prepaid, or (iv) transmitted
by hand delivery, telegram, or facsimile, addressed as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or permitted to be given hereunder shall be deemed
effective (a) upon hand delivery or delivery by facsimile, with accurate confirmation generated by the transmitting facsimile
machine, at the address or number designated below (if delivered on a business day during normal business hours where such notice
is to be received), or the first business day following such delivery (if delivered other than on a business day during normal
business hours where such notice is to be received) or (b) on the second business day following the date of mailing by express
courier service, fully prepaid, addressed to such address, or upon actual receipt of such mailing, whichever shall first occur.
The addresses for such communications shall be:

 

If to the Borrower, to:

RICH PHARMACEUTICALS, INC.

9595 Wilshire Boulevard -
Suite 900

Beverly Hills, CA 90212

Attn: BEN CHANG, Chief Executive
Officer

facsimile:

 

With a copy by fax only to
(which copy shall not constitute notice):

[enter name of law firm]

Attn: [attorney name]

[enter address line 1]

[enter city, state, zip]

facsimile: [enter fax number]

 

If to the Holder:

KBM WORLDWIDE, INC.

111 Great Neck Road - Suite
216

Great Neck, NY 11021

Attn: Seth Kramer, President

e-mail: info@kbmworldwide.com

    	18

    	 

    

 

With a copy by fax only to (which copy shall not constitute
notice):

Naidich Wurman LLP

Att: Judah A. Eisner, Esq.

Attn: Bernard S. Feldman,
Esq.

facsimile: 516-466-3555

 

 

4.3 Amendments.
This Note and any provision hereof may only be amended by an instrument in writing signed by the Borrower and the Holder. The
term “Note” and all reference thereto, as used throughout this instrument, shall mean this instrument (and the other
Notes issued pursuant to the Purchase Agreement) as originally executed, or if later amended or supplemented, then as so amended
or supplemented.

 

4.4  Assignability.
This Note shall be binding upon the Borrower and its successors and assigns, and shall inure to be the benefit of the Holder and
its successors and assigns. Each transferee of this Note must be an “accredited investor” (as defined in Rule 501(a)
of the 1933 Act). Notwithstanding anything in this Note to the contrary, this Note may be pledged as collateral in connection
with a bona fide margin account or other lending arrangement.

 

4.5  Cost
of Collection. If default is made in the payment of this Note, the Borrower shall pay the Holder hereof costs of collection,
including reasonable attorneys’ fees.

 

4.6   Governing Law. This Note shall be governed by and construed in accordance with the
laws of the State of New York without regard to principles of conflicts of laws. Any action brought by either party against the
other concerning the transactions contemplated by this Note shall be brought only in the state courts of New York or in the federal
courts located in the state and county of Nassau. The parties to this Note hereby irrevocably waive any objection to jurisdiction
and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon
forum non conveniens. The Borrower and Holder waive trial by jury. The prevailing party shall be entitled to recover from
the other party its reasonable attorney's fees and costs. In the event that any provision of this Note or any other agreement delivered
in connection herewith is invalid or unenforceable under any applicable statute or rule of law, then such provision shall be deemed
inoperative to the extent that it may conflict therewith and shall be deemed modified to conform with such statute or rule of law.
Any such provision which may prove invalid or unenforceable under any law shall not affect the validity or enforceability of any
other provision of any agreement. Each party hereby irrevocably waives personal service of process and consents to process being
served in any suit, action or proceeding in connection with this Agreement or any other Transaction Document by mailing a copy
thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect
for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and
notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted
by law.

    	19

    	 

    

 

4.7  Certain Amounts. Whenever pursuant to this Note the Borrower is required to pay an
amount in excess of the outstanding principal amount (or the portion thereof required to be paid at that time) plus accrued and
unpaid interest plus Default Interest on such interest, the Borrower and the Holder agree that the actual damages to the Holder
from the receipt of cash payment on this Note may be difficult to determine and the amount to be so paid by the Borrower represents
stipulated damages and not a penalty and is intended to compensate the Holder in part for loss of the opportunity to convert this
Note and to earn a return from the sale of shares of Common Stock acquired upon conversion of this Note at a price in excess of
the price paid for such shares pursuant to this Note. The Borrower and the Holder hereby agree that such amount of stipulated damages
is not plainly disproportionate to the possible loss to the Holder from the receipt of a cash payment without the opportunity to
convert this Note into shares of Common Stock.

 

4.8  Purchase
Agreement. By its acceptance of this Note, each party agrees to be bound by the applicable terms of the Purchase Agreement.

 

4.9  Notice
of Corporate Events. Except as otherwise provided below, the Holder of this Note shall have no rights as a Holder of Common
Stock unless and only to the extent that it converts this Note into Common Stock. The Borrower shall provide the Holder with prior
notification of any meeting of the Borrower’s shareholders (and copies of proxy materials and other information sent to
shareholders). In the event of any taking by the Borrower of a record of its shareholders for the purpose of determining shareholders
who are entitled to receive payment of any dividend or other distribution, any right to subscribe for, purchase or otherwise acquire
(including by way of merger, consolidation, reclassification or recapitalization) any share of any class or any other securities
or property, or to receive any other right, or for the purpose of determining shareholders who are entitled to vote in connection
with any proposed sale, lease or conveyance of all or substantially all of the assets of the Borrower or any proposed liquidation,
dissolution or winding up of the Borrower, the Borrower shall mail a notice to the Holder, at least twenty (20) days prior to
the record date specified therein (or thirty (30) days prior to the consummation of the transaction or event, whichever is earlier),
of the date on which any such record is to be taken for the purpose of such dividend, distribution, right or other event, and
a brief statement regarding the amount and character of such dividend, distribution, right or other event to the extent known
at such time. The Borrower shall make a public announcement of any event requiring notification to the Holder hereunder substantially
simultaneously with the notification to the Holder in accordance with the terms of this Section 4.9.

 

4.10  Remedies.
The Borrower acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Holder, by vitiating
the intent and purpose of the transaction contemplated hereby. Accordingly, the Borrower acknowledges that the remedy at law for
a breach of its obligations under this Note will be inadequate and agrees, in the event of a breach or threatened breach by the
Borrower of the provisions of this Note, that the Holder shall be entitled, in addition to all other available remedies at law
or in equity, and in addition to the penalties assessable herein, to an injunction or injunctions restraining, preventing or curing
any breach of this Note and to enforce specifically the terms and provisions thereof, without the necessity of showing economic
loss and without any bond or other security being required.

 

IN WITNESS WHEREOF, Borrower
has caused this Note to be signed in its name by its duly authorized officer this February 5, 2015.

 

 

RICH PHARMACEUTICALS, INC.

 

By: /s/ Ben Chang

Ben Chang

Chief Executive Officer

    	20

    	 

    

 

EXHIBIT A -- NOTICE OF CONVERSION

 

The undersigned hereby
elects to convert $ __________ principal amount of the Note (defined below) into that number of shares of Common Stock to be issued
pursuant to the conversion of the Note (“Common Stock”) as set forth below, of RICH PHARMACEUTICALS, INC., a Nevada
corporation (the “Borrower”) according to the conditions of the convertible note of the Borrower dated as of February
5, 2015 (the “Note”), as of the date written below. No fee will be charged to the Holder for any conversion, except
for transfer taxes, if any.

 

Box Checked as to applicable instructions:

 

[ ] The Borrower shall electronically transmit
the Common Stock issuable pursuant to this Notice of Conversion to the account of the undersigned or its nominee with DTC through
its Deposit Withdrawal Agent Commission system (“DWAC Transfer”).

 

Name of DTC Prime Broker: Account Number:

 

[ ] The undersigned hereby requests that the
Borrower issue a certificate or certificates for the number of shares of Common Stock set forth below (which numbers are based
on the Holder’s calculation attached hereto) in the name(s) specified immediately below or, if additional space is necessary,
on an attachment hereto:

 

KBM WORLDWIDE, INC.

111 Great Neck Road –
Suite 216

Great Neck, NY 11021

Attention: Certificate Delivery

e-mail: info@kbmworldwide.com

 

Date of Conversion:

 

Applicable Conversion Price: $

Number of Shares of Common Stock to be Issued

Pursuant to Conversion of the Notes:

Amount of Principal Balance Due remaining

Under the Note after this conversion:

 

KBM WORLDWIDE, INC.

 

By:

Name: Seth Kramer

Title: President

Date:

    	21EX-10.1

 EXHIBIT 10.1 

EXECUTION VERSION 
  

			
	 DEUTSCHE BANK AG NEW YORK BRANCH

DEUTSCHE BANK AG CAYMAN ISLANDS BRANCH

DEUTSCHE BANK SECURITIES INC.

60 Wall Street
 New York,
NY 10005
		 HSBC BANK USA, NATIONAL ASSOCIATION

HSBC BANK CANADA
 THE
HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED
 HSBC SECURITIES (USA) INC.

452 Fifth Avenue, New York, NY 10018

		
	 THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.

1251 Avenue of the Americas

New York, NY 10020
		 DNB CAPITAL LLC

DNB MARKETS, INC.
 200
Park Avenue
 New York, NY 10166

	  
 SUNTRUST BANK

SUNTRUST ROBINSON

HUMPHREY, INC.
 3333
Peachtree Road, N.E.
 Atlanta, GA 30326

 PERSONAL AND CONFIDENTIAL 

February 20, 2015 
 Valeant Pharmaceuticals International,
Inc. 
 2150, boul. St-Elzear Ouest, Laval, 
 Quebec, H7L 4A8

 Valeant Pharmaceuticals International 
 400 Somerset
Corporate Boulevard 
 Bridgewater, NJ 08807 
 Attention: J.
Michael Pearson 
 Project Sun 

Commitment Letter 
 Ladies and Gentlemen:

 We are pleased to confirm the arrangements under which each of Deutsche Bank AG New York Branch (“DBNY”), Deutsche Bank AG Cayman
Islands Branch (“DB Cayman”), Deutsche Bank Securities Inc. (“DBSI” and, together with DBNY and DB Cayman, “DB”), HSBC Bank USA, National Association (“HSBC Bank”), HSBC Bank Canada
(“HSBC Canada”), The Hongkong and Shanghai Banking Corporation Limited (“HSBCL”), HSBC Securities (USA) Inc. (“HSBC Securities” and, together with HSBC Bank, HSBC Canada and HSBCL,
“HSBC”), The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”), DNB Capital LLC (“DNB”), DNB Markets, Inc. (“DNB Markets”), SunTrust Bank (“SunTrust”) and SunTrust
Robinson Humphrey, Inc. (“STRH”) (collectively, the “Commitment Parties”) is exclusively authorized by Valeant Pharmaceuticals International, Inc., a corporation continued under the laws of the province of British
Columbia (“Parent”), and Valeant Pharmaceuticals International, a Delaware corporation (the “Company” and, together with Parent, “you”), to act in the

 
capacities specified herein in connection with the financing for certain transactions described herein, in each case on the terms and subject to the conditions set forth in this commitment letter
and the attached Annexes A, B, C, D, E and F hereto (collectively, this “Commitment Letter”). Capitalized terms used but not defined herein have the respective meanings given in the Annexes hereto. 

“DNB” means DNB Capital LLC and/or any of its branches/affiliates as may be appropriate to consummate the transactions contemplated hereby. 

You have informed the Commitment Parties that the Company intends to consummate the acquisition of 100% of the issued and outstanding capital stock (the
“Shares”) of an entity previously identified to us and referred to as “Sun” (“Target,” and together with its subsidiaries, the “Acquired Business”) pursuant to a tender offer (the
“Tender Offer”) followed by a merger (the “Merger” and, together with the Tender Offer, the “Acquisition”), in each case pursuant to an agreement and plan of merger, among the Company, a
wholly-owned subsidiary of the Company (“Acquisition Sub”) and Target (together with the schedules and exhibits thereto, the “Acquisition Agreement”) which Acquisition will be consummated pursuant to a two-step
transaction pursuant to an initial offer to purchase pursuant to which the Tender Offer is made and all material documents entered into by you or your subsidiaries in connection with the Tender Offer, such documents, including all exhibits thereto,
as they may be amended, supplemented or otherwise modified from time to time, are collectively referred to herein as the “Offer Documents”), consisting of (x) a first step tender offer for all outstanding Shares (other than any
Shares held by Parent or one of its subsidiaries) for cash consideration as set forth in the Acquisition Agreement followed by (y) a second step merger whereby Acquisition Sub will be merged with and into Target pursuant to Section 251(h)
of the Delaware General Corporation Law, with Target surviving the merger as a wholly owned subsidiary of the Company, in which case all of the outstanding Shares of Target on the date of closing of the Tender Offer will be converted into the right
to receive on the date of closing of the Tender Offer (the “Closing Date”) the cash consideration per share set forth in the Acquisition Agreement. You have informed us that (a) the Acquisition, (b) (i) the repayment
of all outstanding loans and termination of commitments under any credit facility (other than under certain ordinary course local credit lines to be agreed) to which Target or any of its subsidiaries is a party and certain other indebtedness of the
Target to be agreed (collectively, the “Credit Facilities Refinancing”), (ii) the contribution to the Target of an amount necessary to redeem the Target’s 6.00% Senior Notes due 2021 (the “Target Senior
Notes”) (the “Senior Notes Redemption”) and (iii) the payment of any cash consideration necessary upon the conversion of the Target’s 1.50% Convertible Senior Notes due 2019 and 2.75% Convertible Senior Notes due
2015 (together, the “Target Convertible Notes”), together with any cash payments required to unwind any hedges or warrants related thereto (together, the “Convertibles Redemption” and collectively with the Credit
Facilities Refinancing and the Senior Notes Redemption, the “Refinancing”), it being understood that the Target Convertible Notes shall remain outstanding to the extent the holders thereof shall have elected not to convert such
notes and (c) the payment of fees and expenses in connection with the Acquisition and the Refinancing, including any premiums (if any) payable in connection with the Refinancing, will be financed from the following sources: 

 

	 	•	 	 if the amendment to the Existing Credit Agreement (as defined in Annex B below) described in Schedule I to the Fee Letter (as defined below) (the
“Specified Amendment”) is obtained within 30 days of the date hereof (the “Amendment Date”), (a) the Borrower (as defined in Annex B) will obtain incremental term loans pursuant to the Existing Credit Agreement
in an aggregate principal amount of $5,550 million, which will consist of (i) an incremental tranche A term loan facility denominated in dollars in an aggregate principal amount of $1,000 million (the “Incremental Term A
Facility”) and (ii) an incremental tranche B term loan facility denominated in dollars in an aggregate principal amount of $4,550 million (the “Incremental Term B Facility”, and together with the Incremental Term A
Facility, the “Incremental Term Facilities”) having the terms set forth on Annex B and (b) the Borrower or the 

  
 2 

	 	 
Company, as agreed between you and the Arrangers, will issue senior unsecured notes in an aggregate principal amount of $9,600 million (the “Incremental Notes”) pursuant to a
Rule 144A (without registration rights) or other private placement (the “Incremental Notes Offering”) or, in the event that proceeds in an aggregate principal amount of $9,600 million are not received by the Borrower or the Company
from the Incremental Notes Offering at or prior to the time the Acquisition is consummated, borrowings by Parent of senior unsecured increasing rate bridge loans (the “Incremental Bridge Loans”) under a new senior unsecured credit
facility (the “Incremental Bridge Facility”) in an aggregate principal amount of $9,600 million less the gross proceeds from the sale of Incremental Notes issued on or prior to the Closing Date having the terms set forth on Annex C
hereto; or 

  

	 	•	 	 if the Specified Amendment is not obtained on or prior to the Amendment Date, (a) the Borrower will refinance its existing term facilities (the
“Existing Term Facilities”) and existing revolving facility (the “Existing Revolving Facility” and, together with the Existing Term Facility, the “Existing Credit Facility”) under its Existing
Credit Agreement and obtain (i) a tranche A term loan facility denominated in dollars in an aggregate principal amount of $2,750 million (the “Backstop Term A Facility”), (ii) a tranche B term loan facility denominated in
dollars in an aggregate principal amount of $6,950 million (the “Backstop Dollar Term B Facility”), (iii) a tranche B term loan facility denominated in Euros in an aggregate principal amount of the Euro equivalent of $1,500
million (the “Backstop Euro Term B Facility”, and together with the Backstop Dollar Term B Facility, the “Backstop Term B Facility”; the Backstop Term A Facility and the Backstop Term B Facility referred to
collectively herein as the “Backstop Term Facilities”) and (iv) a revolving credit facility denominated in dollars in an aggregate principal amount of $500 million (the “Backstop Revolving Facility”, and
together with the Backstop Term Facilities, the “Backstop Bank Facilities”) having the terms set forth on Annex B; and (b) the Borrower or the Company, as agreed between you and the Arrangers, will issue
(i) (A) senior secured notes denominated in dollars in an aggregate principal amount of $550 million (the “Secured Dollar Notes”) and (B) senior secured notes denominated in Euros in an aggregate principal amount of
the Euro equivalent of $500 million (the “Secured Euro Notes, and together with the Secured Dollar Notes, the “Secured Notes”), in each case, pursuant to a Rule 144A (without registration rights) or other private
placement (the “Secured Notes Offering”) or, in the event that proceeds in an aggregate principal amount of $1,050 million are not received by the Borrower or the Company from the Secured Notes Offering at or prior to the time the
Acquisition is consummated, borrowings by Parent of senior secured increasing rate bridge loans (the “Secured Bridge Loans”) under a new senior secured credit facility (the “Secured Bridge Facility”) in an aggregate
principal amount of $1,050 million less the gross proceeds from the sale of Secured Notes issued on or prior to the Closing Date having the terms set forth on Annex D hereto and (ii) (A) senior unsecured notes denominated in dollars in an
aggregate principal amount of $8,350 million (the “Unsecured Dollar Notes”) and (B) senior unsecured notes denominated in Euros in an aggregate principal amount of the Euro equivalent of $1,400 million (the “Unsecured
Euro Notes” and, together with the Unsecured Dollar Notes, the “Unsecured Notes”), in each case, pursuant to a Rule 144A (without registration rights) or other private placement (the “Unsecured Notes
Offering”) or, in the event that proceeds in an aggregate principal amount of $9,750 million are not received by the Borrower or the Company from the Unsecured Notes Offering at or prior to the time the Acquisition is consummated,
borrowings by Parent of senior unsecured increasing rate bridge loans (the “Unsecured Bridge Loans” and, together with the Secured Bridge Loans, the “Bridge Loans”) under a new senior unsecured credit facility (the
“Unsecured Bridge Facility” and, together with the Secured Bridge Facility, the “Backstop Bridge Facilities”; the Backstop Bank Facilities and the Backstop Bridge Facilities are referred to collectively herein as,
the 

  
 3 

	 	 
“Backstop Facilities”) in an aggregate principal amount of $9,750 million less the gross proceeds from the sale of Unsecured Notes issued on or prior to the Closing Date having
the terms set forth on Annex E hereto. 

 As used in the Commitment Letter, the (a) “Incremental Lenders” means the
lenders under the Incremental Term Facilities; (b) “Backstop Bank Lenders” means the lenders under the Backstop Bank Facilities; (c) “Bank Lenders” means (i) if the Specified Amendment is obtained
prior to the Amendment Date, the Incremental Lenders and (ii) if the Specified Amendment is not obtained prior to the Amendment Date, the Backstop Bank Lenders; (d) “Bridge Lenders” means (i) if the Specified
Amendment is obtained prior to the Amendment Date, the lenders under the Incremental Bridge Facility and (ii) if the Specified Amendment is not obtained prior to the Amendment Date, the lenders under the Backstop Bridge Facilities;
(e) “Lenders” means collectively, the Bank Lenders and the Bridge Lenders; (f) “Bank Facilities” means (i) if the Specified Amendment is obtained prior to the Amendment Date, the Incremental Term
Facilities and (ii) if the Specified Amendment is not obtained prior to the Amendment Date, the Backstop Bank Facilities; (g) “Bridge Facilities” means (i) if the Specified Amendment is obtained prior to the Amendment
Date, the Incremental Bridge Facility and (ii) if the Specified Amendment is not obtained prior to the Amendment Date, the Backstop Bridge Facilities; (h) “Facilities” means collectively, the Bank Facilities and the Bridge
Facilities, as applicable; and (i) “Notes Offering” means collectively, the Incremental Notes Offering, the Secured Notes Offering and the Unsecured Notes Offering. 

 

	1.	Commitments: Titles and Roles. 

 Each of DBSI, HSBC Securities, BTMU, DNB Markets and STRH is pleased to
confirm its agreement to act, and you hereby appoint DBSI, HSBC Securities, BTMU, DNB Markets and STRH to act as joint lead arrangers and joint bookrunners (collectively, the “Lead Arrangers” or the “Arrangers” or
the “Initial Lead Arrangers”), DBSI and HSBC Securities to act as syndication agents (the “Syndication Agents”) and DBSI, HSBC Securities, BTMU, DNB Markets and SunTrust to act as co-documentation agents, in each
case, in connection with the Facilities and the arrangement of the Specified Amendment and such other amendments to the Existing Credit Agreement as are set forth on Schedule II to the Fee Letter (the “Further Amendments” and,
together with the Specified Amendment, the “Amendment”), and each of DBNY, DB Cayman, HSBC Bank, HSBC Canada, HSBCL, BTMU, DNB and SunTrust and is pleased to advise you of its several, but not joint commitment to provide the
aggregate principal amount of each of the Facilities set forth on Schedule I attached hereto, in each case on terms and subject to the conditions contained in this Commitment Letter and the Fee Letters (referred to below). You hereby agree to
appoint a Backstop Bank Lender mutually agreed by us and you to act as administrative agent and collateral agent for the Backstop Bank Facilities. In addition, you hereby agree to appoint (x) DB Cayman to act as administrative agent for the
Incremental Bridge Facility (the “Incremental Bridge Administrative Agent”), (y) DB Cayman to act as administrative agent for the Secured Bridge Facility (the “Secured Bridge Administrative Agent”) and
(z) DB Cayman to act as administrative agent for the Unsecured Bridge Facility (the “Unsecured Bridge Administrative Agent” and together with the Secured Bridge Administrative Agent, the “Backstop Bridge Facilities
Administrative Agent”). You agree that DB will have “left” placement, and HSBC will appear immediately to the right of DB, in any and all marketing materials or other documentation used in connection with the Facilities or other
documentation used in connection with the Facilities. You further agree that no other titles will be awarded and no compensation (other than that expressly contemplated by this Commitment Letter and the Fee Letters referred to below) will be paid in
connection with the Facilities unless you and we shall so agree; provided, that, you may, within 21 days of the date hereof, appoint additional lead agents, bookrunners, agents or co-managers in respect of the Facilities (each such lead
agent, bookrunner, agent or co-manager, an “Additional Agent”, of which Additional Agents, up to five (5) may be additional lead arrangers and joint bookrunners) in a manner and with economics determined by you in consultation
with 

  
 4 

 
the applicable Additional Agent and the identity of which is reasonably acceptable to you and such Additional Agents; provided, further, that (w) you may not allocate more than
28.75% of the total economics in respect of each Facility to the applicable Additional Agents (or their affiliates) in the aggregate, in each case upon the execution and delivery by such Additional Agent of customary documentation reasonably
acceptable to you and us and, thereafter, each such Additional Agent shall constitute a “Commitment Party” for all purposes of this Commitment Letter, (x) each such Additional Agent (or its affiliates) shall assume a proportion of the
commitments with respect to each Facility that is equal to the proportion of the economics allocated to such Additional Agent (or its affiliates), (y) each such Additional Agent’s several commitment shall be allocated pro rata among the
Facilities and (z) unless otherwise agreed by the Initial Lead Arrangers, to the extent you appoint (or confer titles on) Additional Agents, the economics allocated to, and the commitment amounts of, each of DBNY, DB Cayman, HSBC Bank, HSBC
Canada, HSBCL, BTMU, DNB and SunTrust will be proportionately reduced by the amount of the economics allocated to, and the commitment amount of, each such Additional Agent (or its affiliates) (it being understood and agreed that the Initial Lead
Arrangers shall not receive less than the minimum economics set forth on Schedule III to the Fee Letter). 
 Parent acknowledges that this Commitment
Letter is neither an express nor an implied commitment by any Commitment Parties or any of their affiliates to vote (or to cause any of the Commitment Parties’ affiliates to vote) in any way in connection with the Amendment, nor a guaranty by
any Commitment Party that the Amendment will succeed. 
 Our fees for our commitment and for services related to the Facilities and the Amendment are
set forth in one or more separate fee letters (collectively, the “Fee Letters”) entered into by the Company and the Commitment Parties on the date hereof. 
  

	2.	Conditions Precedent. 

 Each Commitment Party’s commitment and agreements hereunder are subject
solely to the conditions set forth on Annex F hereto and to the satisfactory negotiation, execution and delivery by all parties of appropriate definitive loan documents relating to the Facilities including, without limitation, credit agreements,
guarantees, opinions of counsel and other related definitive documents (collectively, the “Facilities Documentation”) consistent with the terms set forth in this Commitment Letter (it being agreed that the Facilities Documentation
shall not contain any conditions precedent to the initial borrowing under the Facilities on the Closing Date other than the conditions precedent expressly set forth herein, in Annexes B, C, D and E under the heading “Conditions Precedent to
Borrowing” and in Annex F hereto). Each Commitment Party’s commitment is also subject to the Company having entered into an engagement letter with one or more investment banks (the “Investment Banks”) reasonably acceptable
to the Commitment Parties, pursuant to which you engaged the Investment Banks in connection with a potential issuance of Securities (as defined therein) or other financing. Notwithstanding anything in this Commitment Letter, the Fee Letters or the
Facilities Documentation to the contrary, (a) the only representations the accuracy of which will be a condition to the availability of the Facilities on the Closing Date will be (i) the representations and warranties made by the
Acquired Business in the Acquisition Agreement that are material to the interests of the Lenders, in their capacities as such, but only to the extent that you have the right to terminate your obligations under the Acquisition Agreement or to decline
to consummate the Acquisition (in each case in accordance with the terms of the Acquisition Agreement) as a result of a breach of such representation or warranty (“Specified Acquisition Agreement Representations”) and (ii) the
Specified Representations (as defined below) and (b) the terms of the Facilities Documentation shall be in a form such that they do not impair the availability of the Facilities on the Closing Date if the conditions set forth or referred to in
this Commitment Letter and Annexes B, C, D and E under the heading “Conditions Precedent to Borrowing” and in Annex F are satisfied. 

  
 5 

 As used herein, “Specified Representations” means representations made by you and the Guarantors
in the Facilities Documentation relating to incorporation or formation; organizational power and authority to enter into the documentation relating to the Facilities; due authorization, execution, delivery and enforceability of such documentation;
solvency of the Parent and its subsidiaries on a consolidated basis after giving effect to the transactions contemplated herein; no conflicts with charter documents or material debt documents, Federal Reserve margin regulations; the Investment
Company Act, FCPA, OFAC, Patriot Act, status of the Facilities as senior debt and, creation, validity, perfection and priority of security interests in the Collateral (as defined in the Existing Credit Agreement) (excluding assets and property of
Target and its subsidiaries that are not subject to a lien under the Existing Credit Agreement as of the Closing Date). 
 For the avoidance of doubt,
“Facilities Documentation” shall mean (i) if the Specified Amendment is obtained prior to the Amendment Date, the Incremental Term Facilities Documentation (as defined in Annex B) and the Incremental Bridge Facility
Documentation (as defined in Annex C) and (ii) if the Specified Amendment is not obtained prior to the Amendment Date, the Backstop Bank Facilities Documentation (as defined in Annex B), the Secured Bridge Facilities Documentation (as defined
in Annex D) and the Unsecured Bridge Facilities Documentation (as defined in Annex E). 
  

	3.	Syndication. 

 The Arrangers intend, and reserve the right, to syndicate the Facilities and the Amendment
to the Lenders promptly following the date hereof, and you acknowledge and agree that the commencement of syndication shall occur in the discretion of the Arrangers. The Arrangers will select the Lenders after consultation with you (it being
understood and agreed that the Arrangers will not syndicate to any (a) banks, financial institutions, other institutions or persons identified in writing to the Arrangers by the Borrower prior to the date hereof, (b) competitors, suppliers
or customers of the Borrower or any of its subsidiaries identified in writing to the Arrangers by the Borrower from time to time (other than bona fide fixed income investors, banks (or similar financial institutions) or debt funds) or (c) any
affiliate (clearly identifiable by name) of such person identified pursuant to clauses (a) or (b) (clauses (a), (b) and (c), collectively, the “Disqualified Lenders,” it being understood that no Lender (as defined in
the Existing Credit Agreement) as of the date hereof, shall be a Disqualified Lender). The Arrangers will lead the syndication, including determining in consultation with you the timing of all offers to potential Lenders, any title of agent or
similar designations or roles awarded to any Lender and the acceptance of commitments, the amounts offered and the compensation provided to each Lender from the amounts to be paid to the Arrangers pursuant to the terms of this Commitment Letter and
the Fee Letters. The Arrangers will, in consultation with you, determine the final commitment allocations and will notify the Company of such determinations. You agree to use commercially reasonable efforts to ensure that the Arrangers’
syndication efforts benefit from the existing lending relationships of Parent, the Company and Target and their respective subsidiaries. To facilitate an orderly and successful syndication of the Facilities and the Amendment, you agree that, until
the earliest of (x) the termination of the syndication as determined by the Arrangers, (y) the consummation of a Successful Syndication (as defined in the Fee Letters) and (z) 90 days after the Closing Date, neither the Company,
Parent nor the Target (including, in each case, their respective subsidiaries) will syndicate or issue, attempt to syndicate or issue, announce or authorize the announcement of the syndication or issuance of, any debt facility or any debt or equity
security of Parent or the Company or the Target or any of their respective subsidiaries or affiliates to the extent such syndication, issuance, announcement or authorization would materially and adversely impair the primary syndication of the
Facilities and the Amendment other than (a) the Facilities and other indebtedness contemplated hereby to remain outstanding after the Closing Date, (b) the issuance of the Securities (if any) and other similar arrangements to be mutually
agreed upon by you and the Arrangers (such consent of the Arrangers not to be unreasonably withheld or delayed), (c) any equity issued the proceeds of which shall be used to finance the Acquisition, (d) equity issued pursuant to employee
stock plans of Parent, the 

  
 6 

 
Company, Target or their respective subsidiaries and other similar arrangements to be mutually agreed upon by you and the Arrangers without the prior written consent of the Arrangers (such
consent not to be unreasonably withheld or delayed) and (e) other equity issued, to the extent previously identified to the Arrangers (it is understood Parent’s, the Company’s and Target’s deferred purchase price obligations,
ordinary course working capital facilities and ordinary course capital leases, purchase money and equipment financings, any renewals of existing revolving credit facilities that mature prior to the Closing Date and any indebtedness permitted to be
incurred and remain outstanding pursuant to the terms of the Acquisition Agreement will not be deemed to materially and adversely impair the primary syndication of the Facilities or the Amendment). 

You agree to cooperate with the Commitment Parties, in connection with (i) the preparation of one or more information packages regarding the business,
operations and financial projections of Parent, the Company and the Acquired Business (collectively, the “Confidential Information Memorandum”) including, without limitation, all information relating to the transactions contemplated
hereunder prepared by or on behalf of the Company deemed reasonably necessary by the Arrangers to complete the syndication of the Facilities and the Amendment including, without limitation, using commercially reasonable efforts to obtain, prior to
(x) the launch of syndication of the Facilities, (a) a public corporate family rating from Moody’s Investors Service, Inc. (“Moody’s”) for Parent or the Company (but no obligation to obtain any specific rating),
(b) a public corporate credit rating from Standard & Poor’s Ratings Group, a division of The McGraw Hill Corporation (“S&P”) for Parent or the Company (but no obligation to obtain any specific rating) and
(c) a public credit rating for the Facilities and any Securities issued in lieu thereof from each of Moody’s and S&P (but no obligation to obtain any specific rating), and (y) the effectiveness of the Amendment, confirmation of
the rating of the Existing Term Facilities under the Existing Credit Agreement from each of Moody’s and S&P and (ii) the presentation of one or more information packages reasonably acceptable in format and content to the Commitment
Parties (collectively, the “Lender Presentation”) in meetings and other communications with prospective Lenders or agents in connection with the syndication of the Facilities and the Amendment (including, without limitation, direct
contact between senior management and representatives, with appropriate seniority and expertise, of Parent and the Company with prospective Lenders and participation of such persons in meetings upon reasonable advance notice and at mutually agreed
times). You agree to provide the Commitment Parties the Offer Documents before they are filed with the SEC, and you agree to give due consideration to the reasonable additions, deletions or changes suggested by the Commitment Parties and their
counsel. In addition, you agree to provide the Commitment Parties and their counsel with copies of any written comments that are received from time to time from the SEC or its staff with respect to the Offer Documents promptly after receipt of such
comments, and any written or oral responses. The Commitment Parties and their counsel shall be given a reasonable opportunity to review any such written responses and you agree to give due consideration to the reasonable additions, deletions or
changes suggested by the Commitment Parties and their counsel. You will be solely responsible for the contents of any such Confidential Information Memorandum and Lender Presentation (other than, in each case, any information contained therein that
has been provided for inclusion therein by the Commitment Parties solely to the extent such information relates to the Commitment Parties) and all other information, documentation or materials delivered to the Arrangers in connection therewith
(collectively, the “Information”) and you acknowledge that the Commitment Parties will be using and relying upon the Information without independent verification thereof. You agree that Information regarding the Facilities and the
Amendment and Information provided by the Company and Target or their respective representatives to the Arrangers in connection with the Facilities and the Amendment (including, without limitation, draft and execution versions of the Facilities
Documentation, the Confidential Information Memorandum, the Lender Presentation, publicly filed financial statements, and draft or final offering materials relating to contemporaneous securities issuances by the Company or Parent) may be
disseminated to potential Lenders and other persons through one or more internet sites (including an IntraLinks, SyndTrak or other electronic workspace (the “Platform”)) created for purposes of syndicating

  
 7 

 
the Facilities and the Amendment or otherwise, in accordance with the Arrangers’ standard syndication practices, and you acknowledge that no Arranger or any of its affiliates will be
responsible or liable to you or any other person or entity for damages arising from the use by others of any Information or other materials obtained on the Platform, except, in the case of damages to you but not to any other person, to the extent
such damages are found by a final judgment of a court of competent jurisdiction to arise from the gross negligence or willful misconduct of such Arranger or (i) any of its controlled affiliates, (ii) any of the directors or employees of
such Arranger or its controlled affiliates, or (iii) the advisors or agents of such Arranger or its controlled affiliates, in the case of this clause (iii), acting at the instructions of such Arranger or controlled affiliate. Notwithstanding
the Arrangers’ right to syndicate the Facilities and the Amendment and receive commitments with respect thereto, it is agreed that syndication of, or receipt of commitments or participations in respect of, all or any portion of a Commitment
Party’s commitments hereunder prior to the Closing Date shall not be a condition to such Commitment Party’s commitments and unless you otherwise agree in writing, each Commitment Party shall retain exclusive control over all rights and
obligations with respect to its commitments in respect of the Facilities, including all rights with respect to consents, modifications, supplements, waivers and amendments, until the Closing Date has occurred. Without limiting your obligations to
assist as set forth herein, it is understood that the commitments hereunder are not conditioned upon the syndication of, or receipt of commitments or participations in respect of, the Facilities or the Amendment and in no event shall the
commencement or successful completion of syndication or the obtaining of ratings constitute a condition to the availability of the Facilities on the Closing Date. 

You acknowledge that certain of the Lenders may be “public side” Lenders (i.e. Lenders that do not wish to receive material non-public information with respect to the Company, Parent, Target or their respective affiliates or any of its or their respective securities) (each, a “Public Lender”). At the request of the
Arrangers, you agree to prepare an additional version of the Confidential Information Memorandum and the Lender Presentation to be used by Public Lenders that does not contain material non-public information concerning the Company, Parent, Target or
their respective affiliates or securities. It is understood that in connection with your assistance described above, at the request of the Arrangers, you will provide, and cause all other applicable persons to provide (including use reasonable
efforts to cause the Target to provide) authorization letters to the Arrangers authorizing the distribution of the Information to prospective Lenders, containing a representation to the Arrangers that the public-side version does not include
material non-public information about the Company, Parent, Target or their respective affiliates or its or their respective securities for purposes of federal and state securities laws. In addition, you will clearly designate as such all Information
provided to the Commitment Parties by or on behalf of the Company or the Target which is suitable to make available to Public Lenders. You acknowledge and agree that the following documents may be distributed to Public Lenders, unless you advise the
Arrangers in writing (including by email) within a reasonable time prior to their intended distributions that such material should only be distributed to prospective Lenders that are not Public Lenders: (a) drafts and final versions of the
Facilities Documentation; (b) administrative materials prepared by the Arrangers for prospective Lenders (such as a lender meeting invitation, allocations and funding and closing memoranda); and (c) term sheets and notification of changes
in the terms of the Facilities or the Amendment. 
  

	4.	Information. 

 You represent and covenant that (i) (to the best of your knowledge in the case of
Information relating to the Acquired Business) all written Information (other than financial projections and information of a general economic or industry specific nature) provided directly or indirectly by Parent or the Company to the Commitment
Parties or the Lenders in connection with the transactions contemplated hereunder is and will be, when furnished and when taken as a whole and giving effect to all supplements thereto, complete and correct in all material respects and does not and
will not contain any untrue statement of a material 

  
 8 

 
fact or omit to state a material fact necessary to make the statements contained therein, in light of the circumstances under which they were made, not materially misleading and (ii) the
financial projections that have been or will be made available to the Commitment Parties or the Lenders in connection with the transactions contemplated hereunder by or on behalf of the Company have been and will be prepared in good faith based upon
assumptions that are believed by the preparer thereof to be reasonable at the time such financial projections are furnished to the Commitment Parties or the Lenders, it being understood and agreed that financial projections are not a guarantee of
financial performance and actual results may differ from financial projections and such differences may be material. You agree that if at any time prior to the Successful Syndication of the Facilities, any of the representations in the preceding
sentence would be incorrect in any material respect if the Information and financial projections were being furnished, and such representations were being made, at such time, then you will promptly supplement, or cause to be supplemented, the
Information and financial projections so that such representations will be correct in all material respects under those circumstances. 
  

	5.	Indemnification and Related Matters. 

 In connection with arrangements such as this, it is the Commitment
Parties’ policy to receive indemnification. You agree to the provisions with respect to our indemnity and other matters set forth in Annex A, which is incorporated by reference into this Commitment Letter. 

 

	6.	Assignments; Amendments. 

 This Commitment Letter may not be assigned by you without the prior written
consent of the Commitment Parties (and any purported assignment without such consent will be null and void), is intended to be solely for the benefit of the Commitment Parties and the other parties hereto and, except as set forth in Annex A
hereto, is not intended to confer any benefits upon, or create any rights in favor of, any person other than the parties hereto. Each of the Commitment Parties, after consultation with you, may assign its commitments and agreements hereunder, in
whole or in part, to any of its affiliates (provided that such affiliates agree to abide by the confidentiality provisions of Section 7 of this Commitment Letter) and, as provided above, to any Lender prior to the Closing Date (other
than any Disqualified Lender); provided that, any assignment by a Commitment Party to any potential Lender made prior to the Closing Date shall not relieve such Commitment Party of its obligations set forth herein to fund that portion of the
commitments so assigned and shall be subject to the confidentiality provisions herein. Neither this Commitment Letter nor the Fee Letters may be amended or any term or provision hereof or thereof waived or otherwise modified except by an instrument
in writing signed by each of the parties hereto or thereto, as applicable, and any term or provision hereof or thereof may be amended or waived only by a written agreement executed and delivered by all parties hereto or thereto. 

 

	7.	Confidentiality. 

 Please note that this Commitment Letter, the Fee Letters and any written
communications provided by, or oral discussions with, the Commitment Parties in connection with this arrangement (collectively, “Confidential Information”) are exclusively for the information of the Company and may not be disclosed
to any third party or circulated or referred to publicly without our prior written consent (such consent not to be unreasonably withheld, delayed or conditioned); provided that we hereby consent to your disclosure of (i) the Confidential
Information to Parent’s, the Company’s and (with respect to the Target, on a redacted basis reasonably satisfactory to the Arrangers with respect to the Fee Letters) Target’s respective directors, employees, agents, accountants, legal
counsel and other advisors and representatives (with respect to the Target, collectively, the “Target Related Parties”) who are directly involved in the consideration of the Facilities and who have been informed by you of the
confidential nature of such advice and the Commitment Letter and Fee Letters and, except in the case of the Target 

  
 9 

 
Related Parties, who have agreed to treat such information confidentially, (ii) the Confidential Information as required by applicable law, rule or regulation or compulsory legal process or
pursuant to a subpoena or order of any judicial, administrative or legislative body or committee or in any pending legal, judicial or administrative proceeding (in which case you agree to inform us promptly thereof to the extent not prohibited by
law), (iii) the information contained in Annex B, Annex C, Annex D and Annex E to Moody’s and S&P; provided that such information is supplied only on a confidential basis after consultation with the Commitment Parties,
(iv) this Commitment Letter (but not the Fee Letters) to the extent information contained herein becomes publicly available other than by reason of an improper disclosure by you in violation of any confidentiality obligations hereunder,
(v) this Commitment Letter and its contents (but not the Fee Letters) in any syndication or other marketing materials in connection with the Facilities, (vi) either before or once accepted by you, this Commitment Letter in filings with the
SEC and other applicable regulatory authorities and such exchanges and (vii) you may disclose the aggregate fee amount contained in the Fee Letters as part of projections, pro forma information or a disclosure of aggregate sources and uses
related to fee amounts related to the transactions contemplated hereby in offering and marketing materials for the Facilities, materials prepared for rating agencies or in any filings with the SEC and other applicable regulatory authorities related
to the transactions contemplated hereby. Your obligation under this provision shall remain in effect until the earlier of (i) two years from the date hereof and (ii) the date the definitive Facilities Documentation is entered into by you,
at which time any confidentiality undertaking in the definitive Facilities Documentation, shall supersede this provision. 
 Each Commitment Party agrees
that it will treat as confidential all information provided to it hereunder by or on behalf of you or any of your respective subsidiaries or affiliates; provided that nothing herein will prevent any Commitment Party from disclosing any such
information (a) pursuant to the order of any court or administrative agency or in any pending legal or administrative proceeding, or otherwise as required by applicable law or compulsory legal process (in which case such person agrees (except
with respect to any audit or examination conducted by bank accountants or any governmental bank regulatory authority exercising examination or regulatory authority) to inform you promptly thereof to the extent not prohibited by law), (b) upon
the request or demand of any regulatory authority having jurisdiction over such person or any of its affiliates, (c) to the extent that such information is publicly available or becomes publicly available other than by reason of improper
disclosure by such person, (d) to such person’s affiliates and such person’s and its affiliates’ respective officers, directors, partners, employees, legal counsel, independent auditors and other experts or agents who need to
know such information and, with the exception of independent auditors, are directly involved in the consideration of the Facilities and on a confidential basis, (e) to potential and prospective Lenders, participants and any direct or indirect
contractual counterparties to any swap or derivative transaction (in each case, other than Disqualified Lenders) relating to the Borrower and its obligations under the Facility, in each case, who agree to be bound by similar confidentiality
provisions (including, for the avoidance of doubt, by means of a click-through or otherwise), (f) to Moody’s and S&P; provided that such information is limited to Annexes B, C, D, E and F and is supplied only on a confidential
basis after consultation with you, (g) for purposes of establishing a “due diligence” defense or (h) consented to by the Borrower (such consent no to be unreasonably withheld, conditioned or delayed). Each Commitment Party’s
obligation under this provision shall remain in effect until the earlier of (i) two years from the date this Commitment Letter is signed by you and (ii) the date the definitive Facilities Documentation is entered into by the Commitment
Parties, at which time any confidentiality undertaking in the definitive Facilities Documentation shall supersede this provision. 
  

	8.	Absence of Fiduciary Relationship; Affiliates; Etc. 

 As you know, each Commitment Party, together with
its respective affiliates (each collectively, a “Commitment Party Group”), is a full service financial services firm engaged, either directly or through 

  
 10 

 
affiliates, in various activities, including securities trading, investment banking and financial advisory, investment management, principal investment, hedging, financing and brokerage
activities and financial planning and benefits counseling for both companies and individuals. In the ordinary course of these activities, each Commitment Party Group may make or hold a broad array of investments and actively trade debt and equity
securities (or related derivative securities) and/or financial instruments (including bank loans) for their own account and for the accounts of their customers and may at any time hold long and short positions in such securities and/or instruments.
Such investment and other activities may involve securities, bank loans and instruments of you or the Target, as well as of other entities and persons and their affiliates which may (i) be involved in transactions arising from or relating to
the engagement contemplated by this Commitment Letter, (ii) be customers or competitors of you or the Target, or (iii) have other relationships with you or the Target. In addition, each Commitment Party Group may provide investment
banking, underwriting and financial advisory services to such other entities and persons. Each Commitment Party Group may also co-invest with, make direct investments in, and invest or co-invest client monies in or with funds or other investment
vehicles managed by other parties, and such funds or other investment vehicles may trade or make investments in your securities or those of such other entities. The transactions contemplated by this Commitment Letter may have a direct or indirect
impact on the investments, securities or instruments referred to in this paragraph. Although each Commitment Party Group in the course of such other activities and relationships may acquire information about the transaction contemplated by this
Commitment Letter or other entities and persons which may be the subject of the transactions contemplated by this Commitment Letter, no Commitment Party Group shall have any obligation to disclose such information, or the fact that such Commitment
Party Group is in possession of such information, to you or to use such information on the Company’s behalf. 
 Consistent with their respective
policies to hold in confidence the affairs of its customers, no Commitment Party Group will furnish confidential information obtained from you by virtue of the transactions contemplated by this Commitment Letter to any other companies, or use such
information in connection with the performance by such Commitment Party Group of services for any other companies. Furthermore, you acknowledge that no Commitment Party Group and none of their respective affiliates has an obligation to use in
connection with the transactions contemplated by this Commitment Letter, or to furnish to you, confidential information obtained or that may be obtained by them from any other person. 

Each Commitment Party Group may have economic interests that conflict with yours, or those of your equity holders and/or affiliates. You agree that each
Commitment Party Group will act under this Commitment Letter as an independent contractor and that nothing in this Commitment Letter or the Fee Letters or otherwise will be deemed to create an advisory, fiduciary or agency relationship or fiduciary
or other implied duty between any Commitment Party Group and you or your equity holders or affiliates. You acknowledge and agree that the transactions contemplated by this Commitment Letter and the Fee Letters (including the exercise of rights and
remedies hereunder and thereunder) are arm’s-length commercial transactions between the Commitment Party Groups, on the one hand, and you on the other, and in connection therewith and with the process leading thereto, (i) no Commitment
Party Group has assumed (A) an advisory or fiduciary responsibility in favor of you or your equity holders or affiliates with respect to the financing transactions contemplated hereby, or in each case, the exercise of rights or remedies with
respect thereto or the process leading thereto (irrespective of whether such Commitment Party has advised, is currently advising or will advise you, your equity holders or your affiliates on other matters) or any other obligation to you except the
obligations expressly set forth in this Commitment Letter and the Fee Letters and (ii) each Commitment Party Group is acting solely as a principal and not as the agent or fiduciary of you, your management, equity holders, affiliates, creditors
or any other person. You acknowledge and agree that you have consulted your own legal and financial advisors to the extent you deemed appropriate and that you are responsible for making your own independent judgment with

  
 11 

 
respect to such transactions and the process leading thereto. You agree that you will not claim that any Commitment Party Group has rendered advisory services of any nature or respect, other than
as may be mutually agreed, or owes you a fiduciary or similar duty, in connection with such transactions or the process leading thereto. 
 In addition,
each Commitment Party may employ the services of its affiliates in providing services and/or performing their obligations hereunder and may exchange with such affiliates information concerning you and other companies that may be the subject of this
arrangement (subject to the confidentiality provisions hereof), and such affiliates will be entitled to the benefits afforded to the Commitment Parties hereunder. 

In addition, please note that each of DBSI and HSBC Securities has been retained by Parent and/or the Company as financial advisor (each in such capacity, a
“Financial Advisor”) to Parent and/or the Company, as applicable, in connection with the Acquisition. You agree to such retention, and further agree not to assert any claim you might allege based on any actual or potential conflicts
of interest that might be asserted to arise or result from, on the one hand, the engagement of each of the Financial Advisors, and on the other hand, our and our respective affiliates’ relationships with you as described and referred to herein.

 In addition, please note that the Commitment Parties do not provide accounting, tax or legal advice. Notwithstanding anything herein to the contrary, you
(and each of your employees, representatives and other agents) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of the Facilities and all materials of any kind (including opinions or other tax
analyses) that are provided to you relating to such tax treatment and tax structure. However, any information relating to the tax treatment or tax structure will remain subject to the confidentiality provisions hereof (and the foregoing sentence
will not apply) to the extent reasonably necessary to enable the parties hereto, their respective affiliates, and their respective affiliates’ directors and employees to comply with applicable securities laws. For this purpose, “tax
treatment” means U.S. federal or state income tax treatment, and “tax structure” is limited to any facts relevant to the U.S. federal income tax treatment of the transactions contemplated by this Commitment Letter but does not include
information relating to the identity of the parties hereto or any of their respective affiliates. 
  

	9.	Miscellaneous. 

 Each Commitment Party’s commitments and agreements hereunder will terminate upon
the first to occur of (i) the consummation of the Acquisition, (ii) the abandonment or termination of the Acquisition Agreement in accordance with its terms and (iii) 5:00 p.m. New York time on the six month anniversary of the date
hereof, unless the closing of (x) (A) the relevant Notes Offering or (B) the relevant Bridge Facility and (y) the relevant Bank Facility, on the terms and subject to the conditions contained herein, have been consummated on or
before such date. Notwithstanding the foregoing, upon the effectiveness of the Specified Amendments on or prior to the Amendment Date, the commitments and any other obligations of the Commitment Parties in respect of the Backstop Facilities shall
permanently, irrevocably and automatically be terminated and have no further force or effect without any further action by the Commitment Parties, the Parent or the Company. Subject to the provisions of the next paragraph and the terms of the Fee
Letters, you may terminate this Commitment Letter and/or each Commitment Party’s commitments hereunder. In addition, each Commitment Party’s commitments hereunder to provide and arrange the Incremental Bridge Loans, Secured Bridge Loans
and Unsecured Bridge Loans, as applicable, will be reduced to the extent and in the order of priority described herein by any issuance of the Securities (in escrow or otherwise). 

The provisions set forth under Sections 3, 4, 5 (including Annex A), 7 and 8 hereof and this Section 9 hereof will remain in full force and effect
regardless of whether the definitive Facilities Documentation is 

  
 12 

 
executed and delivered. The provisions set forth under Sections 5 (including Annex A), 7 and 8 hereof, this Section 9 and the fee and expense reimbursement provisions of the Fee Letters
will remain in full force and effect notwithstanding the expiration or termination of this Commitment Letter or the Commitment Parties’ commitments and agreements hereunder; provided that such provisions relating to indemnification and
reimbursement shall terminate and be superseded by the terms of the Facilities Documentation to the extent covered thereby and to the extent such Facilities Documentation becomes effective. 

Each of the parties hereto agrees that this Commitment Letter is a binding and enforceable agreement with respect to the subject matter contained herein,
including an agreement to negotiate in good faith the Facilities Documentation by the parties hereto in a manner consistent with this Commitment Letter, it being acknowledged and agreed that the commitments provided hereunder by the Commitment
Parties are subject only to the conditions precedent set forth in Section 2 hereof, in Annexes B, C (solely in the case the Specified Amendment is obtained), D (solely in the case the Specified Amendment is not obtained) and E (solely in the
case the Specified Amendment is not obtained) under the heading “Conditions Precedent to Borrowing” and Annex F. 
 Each party hereto agrees
for itself and its affiliates that any suit or proceeding arising in respect to this Commitment Letter or the Commitment Parties’ commitments or agreements hereunder or the Fee Letters will be tried exclusively in the U.S. District Court for
the Southern District of New York or, if that court does not have subject matter jurisdiction, in any state or federal court located in the Borough of Manhattan in the City of New York, and each party hereto agrees to submit to the exclusive
jurisdiction of, and to venue in, such court. Any right to trial by jury with respect to any action or proceeding arising in connection with or as a result of either the Commitment Parties’ commitments or agreements or any matter referred to in
this Commitment Letter or the Fee Letters is hereby waived by the parties hereto. This Commitment Letter and the Fee Letters will be governed by and construed in accordance with the laws of the State of New York without regard to principles of
conflicts of laws; provided that matters related to (x) any alleged Company Material Adverse Effect (as defined in the Acquisition Agreement) or exception thereto and (y) the determination of the accuracy of any
Specified Acquisition Agreement Representation and whether, as a result of any inaccuracy thereof, you have the right to terminate or abandon your obligations under the Acquisition Agreement shall, in each case, be interpreted, construed and
governed by and in accordance with the law of the State of Delaware without regard to the conflicts of law principles thereof to the extent that such principles would direct a matter to another jurisdiction. 

The Commitment Parties hereby notify you that pursuant to the requirements of the USA PATRIOT Act (Title III of
Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot Act”) the Commitment Parties and each Lender may be required to obtain, verify and record information that
identifies the Borrower and each of the Guarantors, which information includes the name and address of the Borrower and each of the Guarantors and other information that will allow the Commitment Parties and each Lender to identify the Borrower and
each of the Guarantors in accordance with the Patriot Act. This notice is given in accordance with the requirements of the Patriot Act and is effective for the Commitment Parties and each Lender. 

This Commitment Letter may be executed in any number of counterparts, each of which when executed will be an original, and all of which, when taken together,
will constitute one agreement. Delivery of an executed counterpart of a signature page of this Commitment Letter by facsimile transmission or electronic transmission (in pdf or tif format) will be effective as delivery of a manually executed
counterpart hereof. This Commitment Letter and the Fee Letters are the only agreements that have been entered into among the parties hereto with respect to the Facilities and set forth the entire understanding of the parties with respect thereto and
supersede any prior written or oral agreements among the parties hereto with respect to the Facilities. 

  
 13 

 Please confirm that the foregoing is in accordance with your understanding by signing and returning to the
Commitment Parties the enclosed copy of this Commitment Letter, together, if not previously executed and delivered, with the Fee Letters on or before the close of business on February 27, 2015, whereupon this Commitment Letter and Fee Letters
will become binding agreements between us. If the Commitment Letter and Fee Letters have not been signed and returned as described in the preceding sentence by such date, this offer will terminate on such date. We look forward to working with
you on this transaction. 
 [Remainder of page intentionally left blank] 

  
 14 

 
					
	Very truly yours,
	
	DEUTSCHE BANK AG CAYMAN ISLANDS BRANCH
		
	By: 		 /s/ William Frauen

			Name:		William Frauen
			Title:		Managing Director
		
	By: 		 /s/ Celine Catherin

			Name:		Celine Catherin
			Title:		Director
	
	DEUTSCHE BANK AG NEW YORK BRANCH
		
	By:		 /s/ William Frauen

			Name:		William Frauen
			Title:		Managing Director
		
	By:		 /s/ Celine Catherin

			Name:		Celine Catherin
			Title:		Director
	
	DEUTSCHE BANK SECURITIES INC.
		
	By:		 /s/ William Frauen

			Name:		William Frauen
			Title:		Managing Director
		
	By:		 /s/ Celine Catherin

			Name:		Celine Catherin
			Title:		Director

  
 [Signature Page to
Commitment Letter] 

 
					
	HSBC BANK USA, NATIONAL ASSOCIATION
		
	By: 		 /s/ Lex Malas

			Name:		Lex Malas
			Title:		Head of Capital Financing, North America
	
	HSBC BANK CANADA
		
	By:		 /s/ Jeffrey B. Allsop

			Name:		Jeffrey B. Allsop
			Title:		EVP and Managing Director, Head of Global Banking, Canada
		
	By:		 /s/ Annie Hoole

			Name:		Annie Hoole
			Title:		Director
	
	THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED
		
	By:		 /s/ David Morton

			Name:		David Morton
			Title:		Regional Head of Credit & Lending Asia-Pacific
	
	HSBC SECURITIES (USA) INC.
		
	By:		 /s/ Lex Malas

			Name:		Lex Malas
			Title:		Head of Capital Financing, North America

  
 [Signature Page to
Commitment Letter] 

 
					
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.
		
	By: 		 /s/ Timothy Dilworth

			Name:		Timothy Dilworth
			Title:		Managing Director
	
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.
		
	By:		 /s/ Scott O’Connell

			Name:		Scott O’Connell
			Title:		Director

  
 [Signature Page to
Commitment Letter] 

					
	DNB CAPITAL LLC
		
	By: 		 /s/ Geshu Sugandh

			Name:		Geshu Sugandh
			Title:		First Vice President
		
	By:		 /s/ Caroline Adams

			Name:		Caroline Adams
			Title:		First Vice President
	
	DNB MARKETS, INC.
		
	By:		 /s/ Daniel M. Hochstadt

			Name:		Daniel M. Hochstadt
			Title:		Managing Director
		
	By:		 /s/ Theodore S. Jadick, Jr.

			Name:		Theodore S. Jadick, Jr.
			Title:		President and CEO, DNB Markets, Inc.

  
 [Signature Page to
Commitment Letter] 

 
					
	SUNTRUST BANK
		
	By: 		 /s/ Christopher L. Wood

			Name:		Christopher L. Wood
			Title:		Managing Director
	
	SUNTRUST ROBINSON HUMPHREY, INC.
		
	By:		 /s/ Richard Velloff

			Name:		Richard Velloff
			Title:		Director

  
 [Signature Page to
Commitment Letter] 

					
	ACCEPTED AND AGREED AS OF THE DATE FIRST WRITTEN ABOVE:
	
	VALEANT PHARMACEUTICALS INTERNATIONAL, INC.
		
	By: 		 /s/ Howard B. Schiller

			Name:		Howard B. Schiller
			Title:		Executive Vice President and Chief Financial Officer
	
	VALEANT PHARMACEUTICALS INTERNATIONAL
		
	By:		 /s/ Howard B. Schiller

			Name:		Howard B. Schiller
			Title:		Executive Vice President and Chief Financial Officer

 SCHEDULE I 

Commitments 
 If Specified Amendment is
obtained on or prior to the Amendment Date: 
  

													
	 Institution
	  	Incremental Term A
Facility	 	  	Incremental Term B
Facility	 	  	Incremental Bridge
Facility	 
	 Deutsche Bank AG New York Branch
	  	$	333,333,333.34	  	  	$	1,516,666,666.67	  	  	 	N/A	  
	 Deutsche Bank AG Cayman Islands Branch
	  	 	N/A	  	  	 	N/A	  	  	$	3,200,000,000.00	  
	 HSBC Bank USA, National Association
	  	$	202,333,333.33	  	  	$	925,333,333.34	  	  	$	1,838,666,666.67	  
	 HSBC Bank Canada
	  	$	101,000,000.00	  	  	$	463,333,333.33	  	  	$	919,000,000	  
	 The Hongkong and Shanghai Banking Corporation Limited
	  	$	30,000,000.00	  	  	$	128,000,000.00	  	  	$	442,333,333.33	  
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	  	$	177,777,777.78	  	  	$	808,888,888.89	  	  	$	1,706,666,666.67	  
	 DNB Capital LLC
	  	$	111,111,111.11	  	  	$	505,555,555.55	  	  	$	1,066,666,666.66	  
	 SunTrust Bank
	  	$	44,444,444.44	  	  	$	202,222,222.22	  	  	$	426,666,666.67	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total
		$	1,000,000,000	  		$	4,550,000,000	  		$	9,600,000,000.00	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

 If Specified Amendment is not obtained on or prior to the Amendment Date: 

 

																																	
	 Institution
	 	Backstop Term
A Facility	 	 	Backstop Dollar
Term B Facility	 	 	Backstop Euro
Term B Facility	 	 	Backstop
Revolving
Facility	 	 	Secured Dollar
Bridge Facility	 	 	Secured Euro
Bridge Facility	 	 	Unsecured Dollar
Bridge Facility	 	 	Unsecured Euro
Bridge Facility	 
	 Deutsche Bank AG New York Branch
	 	$	916,666,666.67	  	 	$	2,316,666,666.67	  	 	$	500,000,000.00	  	 	$	166,666,666.67	  	 	 	N/A	  	 	 	N/A	  	 	 	N/A	  	 	 	N/A	  
	 Deutsche Bank AG Cayman Islands Branch
	 	 	N/A	  	 	 	N/A	  	 	 	N/A	  	 	 	N/A	  	 	$	183,333,333.34	  	 	$	166,666,666.67	  	 	$	2,783,333,333.34	  	 	$	466,666,666.67	  
	 HSBC Bank USA, National Association
	 	$	202,333,333.33	  	 	$	925,333,333.33	  	 	 	N/A	  	 	 	N/A	  	 	 	N/A	  	 	 	N/A	  	 	$	1,872,333,333.33	  	 	 	N/A	  
	 HSBC Bank Canada
	 	 	N/A	  	 	$	563,666,666.67	  	 	 	N/A	  	 	 	N/A	  	 	 	N/A	  	 	 	N/A	  	 	$	469,666,666.67	  	 	$	466,666,666.67	  
	 The Hongkong and Shanghai Banking Corporation Limited
	 	$	714,333,333.34	  	 	$	827,666,666.67	  	 	$	500,000,000.00	  	 	$	166,666,666.67	  	 	$	183,333,333.33	  	 	$	166,666,666.67	  	 	$	441,333,333.34	  	 	 	N/A	  
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	 	$	488,888,888.89	  	 	$	1,235,555,555.56	  	 	$	266,666,666.67	  	 	$	88,888,888.89	  	 	$	97,777,777.78	  	 	$	88,888,888.89	  	 	$	1,484,444,444.44	  	 	$	248,888,888.89	  
	 DNB Capital LLC
	 	$	305,555,555.55	  	 	$	772,222,222.22	  	 	$	166,666,666.67	  	 	$	55,555,555.55	  	 	$	61,111,111.11	  	 	$	55,555,555.55	  	 	$	927,777,777.77	  	 	$	155,555,555.55	  
	 SunTrust Bank
	 	$	122,222,222.22	  	 	$	308,888,888.88	  	 	$	66,666,666.66	  	 	$	22,222,222.22	  	 	$	24,444,444.44	  	 	$	22,222,222.22	  	 	$	371,111,111.11	  	 	$	62,222,222.22	  
		 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 
	 Total
		$	2,750,000,000	  		$	6,950,000,000	  		$	1,500,000,000	  		$	500,000,000	  		$	550,000,000	  		$	500,000,000	  		$	8,350,000,000	  		$	1,400,000,000	  
		 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 

 Annex A 

In the event that any Commitment Party becomes involved in any capacity in any action, proceeding or investigation brought by or against any person,
including shareholders, partners, members or other equity holders of Parent, the Company or the Target in connection with or as a result of either this arrangement or any matter referred to in this Commitment Letter or the Fee Letters (together, the
“Letters”), Parent and the Company, jointly and severally, agree to periodically reimburse each Commitment Party for its reasonable legal and other expenses (including the cost of any investigation and preparation)
incurred in connection therewith. Parent and the Company, jointly and severally, also agree to indemnify and hold each Commitment Party harmless against any and all losses, claims, damages or liabilities to any such person in connection with or as a
result of either this arrangement or any matter referred to in the Letters (whether or not such investigation, litigation, claim or proceeding is brought by you, your equity holders or creditors or an indemnified person and whether or not any such
indemnified person is otherwise a party thereto), except to the extent that such loss, claim, damage or liability (x) has been found by a final, non-appealable judgment of a court of competent jurisdiction to have resulted from (i) the
gross negligence or willful misconduct of such Commitment Party in performing the services that are the subject of the Letters or (ii) a material breach of the obligations of such Commitment Party under the Letters or (y) has resulted from
any dispute solely among the Commitment Parties not arising from any act or omission by Parent, Company, or any of their affiliates, other than any proceeding against an indemnified person in its role as agent or arranger. If for any reason the
foregoing indemnification is unavailable to any Commitment Party or insufficient to hold it harmless, then Parent and the Company, jointly and severally, will contribute to the amount paid or payable by the Commitment Party as a result of such loss,
claim, damage or liability in such proportion as is appropriate to reflect the relative economic interests of (i) Parent, the Company and their respective affiliates, shareholders, partners, members or other equity holders on the one hand and
(ii) the Commitment Parties on the other hand in the matters contemplated by the Letters as well as the relative fault of (i) Parent, the Company and their respective affiliates, shareholders, partners, members or other equity holders and
(ii) the Commitment Parties with respect to such loss, claim, damage or liability and any other relevant equitable considerations. The reimbursement, indemnity and contribution obligations of Parent and the Company under this paragraph will be
in addition to any liability which Parent and the Company may otherwise have, will extend upon the same terms and conditions to any affiliate of a Commitment Party and the partners, members, directors, agents, employees and controlling persons (if
any), as the case may be, of such Commitment Party and any such affiliate (the Commitment Parties and each such affiliate and person, and the respective successors, assigns, heirs and personal representatives thereof, each, an
“indemnified party” and, collectively, the “indemnified parties”), and will be binding upon and inure to the benefit of any successors, assigns, heirs and personal representatives of
Parent, the Company, each Commitment Party, any such affiliate and any such person. Each of Parent and the Company also agrees that no indemnified party will have any liability based on its or their exclusive or contributory negligence or otherwise
to Parent, the Company or any person asserting claims on behalf of or in right of Parent, the Company or any other person in connection with or as a result of either this arrangement or any matter referred to in the Letters, except to the extent
that any losses, claims, damages, liabilities or expenses incurred by Parent or the Company have been found by a final, non-appealable judgment of a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of
such indemnified party in performing the services that are the subject of the Letters; provided, however, that in no event will such indemnified party or such other parties have any liability for any indirect, consequential, special or
punitive damages in connection with or as a result of such indemnified party’s or such other parties’ activities related to the Letters. 

Notwithstanding anything to the foregoing, no indemnified party will be liable to you or any other person for damages arising from the use by others of any
information obtained through the internet or an electronic platform except solely to you, and then solely to the extent such damages shall have resulted from the gross negligence or willful misconduct of such indemnified party or its related parties
(as found by a final, non-appealable judgment of a court of competent jurisdiction). 

 Neither Parent nor the Company will be required to indemnify any Commitment Parties for any amount paid or
payable by such Commitment Party in the settlement of any action, proceeding or investigation without such party’s consent, which consent will not be unreasonably withheld or delayed; provided that the foregoing indemnity will apply to any such
settlement in the event that Parent and/or the Company, as applicable, was offered the ability to assume the defense of the action that was the subject matter of such settlement and elected not to so assume. The provisions of this
Annex A will survive any termination or completion of the arrangement provided by the Letters. 

 Annex B 

Summary of the Bank Facilities 
 This
Summary outlines certain terms of the Bank Facilities referred to in the Commitment Letter, of which this Annex B is a part. Certain capitalized terms used herein are defined in the Commitment Letter or in the Credit Agreement (as defined
below), as applicable. 
  

			
	Borrower:		Valeant Pharmaceuticals International, Inc. (the “Borrower”).
		
	Guarantors:		The guarantors (the “Guarantors”) of the Borrower’s obligations under the Third Amended and Restated Credit and Guaranty Agreement, dated as of February 13, 2012 (as amended, amended and restated or
supplemented from time to time, the “Existing Credit Agreement”), by and among the Borrower, certain subsidiaries of the Borrower as guarantors, the various lenders, issuing banks and agents party thereto and Barclays Bank PLC (as
successor to Goldman Sachs Lending Partners LLC), as administrative agent and collateral agent. In addition, after consummation of the Acquisition, the entity previously identified to the Arrangers as “Sun” (“Target”) and
certain of its existing subsidiaries will Guarantee all obligations under the Existing Credit Agreement, including, without limitation, in respect of the Incremental Term Facilities only as required by, and within the timeframes required by the
Existing Credit Agreement.
		
	Purpose/Use of Proceeds:		The proceeds of the borrowings under the (i) Incremental Term Facilities or the Backstop Term Facilities (as defined below), as applicable, will be used to finance a portion of the cash consideration for the Acquisition, the
Refinancing and all fees and expenses in connection with the Acquisition and the Refinancing, including any related premiums payable (such fees and expenses, the “Transaction Expenses”); provided that the proceeds of the
Incremental Delayed Draw Loans (as defined below) or the Backstop Delayed Draw Loans (as defined below), as applicable, shall be used to pay the Convertibles Redemption.
		
			The Backstop Revolving Facility will be made available after the Closing Date for general corporate purposes of the Borrower, including, without limitation, permitted acquisitions.

  
 [Annex B-1] 

			
	Joint Lead Arrangers and		
	Joint Bookrunners:		Deutsche Bank Securities Inc. (“DBSI”), HSBC Securities (USA) Inc. (“HSBC Securities”), The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”), DNB Markets, Inc. (“DNB
Markets”) and SunTrust Robinson Humphrey, Inc. (“STRH”), in their capacities as Joint Lead Arrangers and Joint Bookrunners (the “Lead Arrangers” or the “Arrangers”).
		
	Bank Administrative Agent:		(a) If the Incremental Term Facilities are obtained, Barclays Bank PLC, in its capacity as Administrative Agent under the Existing Credit Agreement or (b) if the Backstop Bank Facilities are obtained, a Backstop Bank Lender mutually
agreed between the Lead Arrangers and the Borrower (in each case, the “Bank Administrative Agent”).
		
	Syndication Agents:		DBSI and HSBC Securities, in their capacities as Syndication Agents (the “Syndication Agents”).
		
	Co-Documentation Agents:		DBSI, HSBC Securities, BTMU, DNB Markets and SunTrust, in their capacities as Co-Documentation Agents (the “Documentation Agents”).
		
	Incremental Term Loan Facility:		If the Specified Amendment is obtained prior to the Amendment Date, pursuant to the Existing Credit Agreement, an incremental term loan facility consisting of:
		
			(a) Tranche A New Term Loans (the “Incremental Term A Facility”) denominated in dollars in an aggregate principal amount of $1,000 million; and
		
			(b) Tranche B New Term Loans denominated in dollars in an aggregate principal amount of $4,550 million (the “Incremental Term B Facility” and, collectively with the Incremental Term A Facility, the
“Incremental Term Loans” and the “Incremental Term Facilities”), of which (i) up to $1,950 million will be available on the Closing Date to fund, in part, the Acquisition, the Refinancing and the Transaction
Expenses, and (ii) $2,600 million will be available on a delayed-draw basis from time to time (such amount, the “Incremental Delayed Draw Loans”) as requested by the Borrower (each such date, an “Incremental Delayed Draw
Funding Date”) no later than the date that is 60 days after the Closing Date (the “Incremental Delayed Draw Termination Date”).
		
	Backstop Bank Facilities:		If the Specified Amendment is not obtained prior to the Amendment Date:
		
			(a) (i) a tranche A term loan facility denominated in dollars in an aggregate principal amount of $2,750 million (the “Backstop

  
 [Annex B-2] 

			
			Term A Facility”), (ii) a tranche B term loan facility denominated in dollars in an aggregate principal amount of $6,950 million (the “Backstop Dollar Term B Facility”), of which (1) up to $4,350 million
will be available on the Closing Date to fund, in part, the Acquisition, the Refinancing and the Transaction Expenses and (2) $2,600 million will be available on a delayed draw basis from time to time (the “Backstop Delayed Draw
Loans”) as requested by the Borrower (each such date, a “Backstop Delayed Draw Funding Date”) no later than the date that is 60 days after the Closing Date (the “Backstop Delayed Draw Termination Date”) and
(iii) a tranche B term loan facility denominated in Euros in an aggregate principal amount of the Euro equivalent of $1,500 million (the “Backstop Euro Term B Facility” and, together with the Backstop Dollar Term B Facility, the
“Backstop Term B Facility”; the Backstop Term A Facility and the Backstop Term B Facility are referred to collectively as the “Backstop Term Facilities”); and
		
			(b) a revolving credit facility denominated in dollars in an aggregate principal amount of $500 million (the “Backstop Revolving Facility”, and together with the Backstop Term Facilities, the “Backstop Bank
Facilities”).
		
	Closing Date:		The date on which the borrowings under the Incremental Term Facilities (other than the Incremental Delayed Draw Loans) or the Backstop Term Facilities (other than the Backstop Delayed Draw Loans), as the case may be, are made and
the Acquisition is consummated (the “Closing Date”).
		
	Availability:		Loans under the Incremental Term A Facility or the Backstop Term A Facility, as the case may be, shall be made in a single borrowing on the Closing Date.
		
			Loans under the Incremental Term B Facility (other than the Incremental Delayed Draw Loans) or the Backstop Term B Facility (other than the Backstop Delayed Draw Loans), as the case may be, shall be available to be drawn in a single
borrowing on the Closing Date. The Incremental Delayed Draw Loans or the Backstop Delayed Draw Loans, as applicable, shall be available to be drawn in multiple borrowings (in minimum amounts to be agreed) on each Incremental Delayed Draw Funding
Date or Backstop Delayed Draw Funding Date, respectively.
		
			Loans under the Backstop Revolving Facility shall be available after the Closing Date and at any time prior to the final maturity of the Backstop Revolving Facility.
		
	Incremental Term Facilities		
	Maturity:		(a) With respect to the Incremental Term A Facility, the 5 year anniversary of the Closing Date; and
		
			(b) with respect to the Incremental Term B Facility, the 7 year anniversary of the Closing Date.

  
 [Annex B-3] 

			
		
	Backstop Term Facilities		
	Maturity:		(a) With respect to the Backstop Term A Facility, the 5 year anniversary of the Closing Date;
		
			(b) with respect to the Backstop Term B Facility, the 7 year anniversary of the Closing Date; and
		
			(c) with respect to the Backstop Revolving Facility, the 5 year anniversary of the Closing Date.
		
	Incremental Term		
	Facilities Amortization:		The outstanding principal amount of the Incremental Term A Facility will be payable in equal quarterly amounts equal to (i) 5% per annum in the first year following the Closing Date, (ii) 10% per annum in the second
year following the Closing Date, (iii) 20% per annum in the third year following the Closing Date, (iv) 20% per annum in the fourth year following the Closing Date and (v) 20% per annum in the fifth year following the Closing
Date, in each case, in respect of the original principal amount of the Term A Facility, with the remaining balance due at the maturity of the Term A Facility.
		
			The outstanding principal amount of the Incremental Term B Facility made on the Closing Date and the outstanding principal amount of the Incremental Delayed Draw Loans will be payable in equal quarterly amounts of 1% per
annum in respect of the original principal amount of the Incremental Term B Facility made on the Closing Date and the original principal amount of the Incremental Delayed Draw Loans made on the applicable Incremental Delayed Draw Funding Date,
with the remaining balance due at the maturity of the Incremental Term B Facility.
		
	Backstop Bank Facilities		
	Amortization:		The outstanding principal amount of the Backstop Term A Facility will be payable in equal quarterly amounts equal to (i) 5% per annum in the first year following the Closing Date, (ii) 10% per annum in the second year
following the Closing Date, (iii) 20% per annum in the third year following the Closing Date, (iv) 20% per annum in the fourth year following the Closing Date and (v) 20% per annum in the fifth year following the Closing Date,
in each case, in respect of the original principal amount of the Backstop Term A Facility, with the remaining balance due at the maturity of the Backstop Term A Facility.
		
			The outstanding principal amount of the Backstop Term B Facility made on the Closing Date and the outstanding principal amount of the Backstop Delayed Draw Loans will be payable in equal quarterly amounts of 1% per annum in
respect of the

  
 [Annex B-4] 

			
			original principal amount of the Backstop Term B Facility made on the Closing Date and the original principal amount of the Backstop Delayed Draw Loans made on the applicable Backstop Delayed Draw Funding Date, with the remaining
balance due at the maturity of the Backstop Term B Facility.
		
			There shall be no amortization in respect of loans under the Backstop Revolving Facility (such loans, the “Backstop Revolving Loans”).
		
	Incremental Term Facilities		
	Interest Rate:		With respect to the Incremental Term A Facility, as set forth in the table attached hereto as Exhibit 1 to Annex B.
		
			All amounts outstanding under the Incremental Term B Facility will bear interest, at the Borrower’s option, (a) at the Base Rate plus 2.50% per annum; or (b) at the reserve Adjusted Eurodollar Rate plus 3.50% per
annum (the “Incremental Term B Facility Interest Rate”).
		
	Backstop Facilities Interest Rate:		With respect to the Backstop Term A Facility, as set forth in the table attached hereto as Exhibit 1 to Annex B.
		
			All amounts outstanding under the Backstop Dollar Term B Facility will bear interest, at the Borrower’s option, (a) at the Base Rate plus 2.75% per annum; or (b) at the reserve Adjusted Eurodollar Rate plus 3.75%
per annum (the “Backstop Dollar Term B Facility Interest Rate”).
		
			All amounts outstanding under the Backstop Euro Term B Facility will bear interest at the reserve Adjusted EURIBOR rate plus 3.75% per annum.
		
			With respect to the Backstop Revolving Facility, as set forth in the table attached hereto as Exhibit 1 to Annex B.
		
			As used herein, the terms “Base Rate” and “Adjusted Eurodollar Rate” will have the meanings assigned to such terms in the Existing Credit Agreement, and the basis for calculating accrued interest
and the interest periods for loans bearing interest at the Adjusted Eurodollar Rate will be as calculated in the Existing Credit Agreement, subject, solely in the case of the Incremental Term B Facility or the Backstop Dollar Term B Facility, as the
case may be, to an Adjusted Eurodollar Rate “floor” of 0.75% per annum and a Base Rate “floor” of 1.75% per annum.
		
			As used herein, the term “Adjusted EURIBOR” is the London interbank offered rate for Euro deposits for purposes of providing quotations of interest rates applicable to Euro deposits in the London interbank market,
and subject, solely in the case of the Backstop Euro Term B Facility, to a floor of 0.75% per annum.

  
 [Annex B-5] 

			
	Incremental Delayed Draw Fee:		Commencing 30 days after the first date the Incremental Term B Facility has been allocated, and ending on the earlier of the final Incremental Delayed Draw Funding Date and the Incremental Delayed Draw Termination Date, a commitment
fee equal to the Incremental Term B Facility Interest Rate shall be calculated based on the actual daily unused portion of the Incremental Term B Facility. Such fee shall be payable on the applicable Incremental Delayed Draw Funding Date (with
respect to Incremental Delayed Draw Loans made on such date) and on the Incremental Delayed Draw Termination Date (with respect to the unused portion of the Incremental Term B Facility remaining on such date).
		
	Backstop Delayed Draw Fee:		Commencing 30 days after the first date the Backstop Dollar Term B Facility has been allocated, and ending on the earlier of the final Backstop Delayed Draw Funding Date and the Backstop Delayed Draw Termination Date, a commitment
fee equal to the Backstop Dollar Term B Facility Interest Rate shall be calculated based on the actual daily unused portion of the Backstop Term B Facility. Such fee shall be payable on the applicable Backstop Delayed Draw Funding Date (with respect
to Backstop Delayed Draw Loans made on such date) and on the Backstop Delayed Draw Termination Date (with respect to the unused portion of the Backstop Term B Facility remaining on such date).
		
	Interest Payments:		Shall be made in a manner that is identical to the interest payment provisions applicable (i) with respect to the Incremental Term A Facility or the Backstop Term A Facility, as the case may be, to the existing Tranche A Term Loans
as set forth in the Credit Agreement and (ii) with respect to the Incremental Term B Facility and the Backstop Term B Facility, as the case may be, to the existing Tranche B Term Loans as set forth in the Credit Agreement.
		
	Mandatory and Voluntary		
	Prepayments:		Subject to the next paragraph, identical to the prepayment provisions in respect of (i) the Incremental Term A Facility or the Backstop Term A Facility, as the case may be, the existing Tranche A Term Loans as set forth in the
Existing Credit Agreement and (ii) the Incremental Term B Facility or the Backstop Term B Facility, as the case may be, the existing Tranche B Term Loans as set forth in the Credit Agreement.
		
			Optional prepayments of the Incremental Term B Facility or the Backstop Term B Facility, as the case may be, from the proceeds of a Repricing Transaction shall be subject to a “Soft-Call
Premium”.

  
 [Annex B-6] 

			
	Soft-Call Premium:		The Incremental Term B Facility or Backstop Term B Facility, as the case may be, will include a requirement that the Borrower pay a premium of one percent (1%) of the principal amount of the affected loans in connection with any
Repricing Transaction (as defined below) occurring during the period commencing on the date of entering into the Incremental Term Facilities or Backstop Term B Facility, as applicable, on the Closing Date, and ending on the six month anniversary of
the Closing Date. “Repricing Transaction” shall mean (a) any prepayment or repayment of loans under the Incremental Term B Facility or Backstop Term B Facility, as applicable, with the proceeds of, or any conversion of loans under
the Incremental Term B Facility or Backstop Term B Facility, as applicable, into, any new or replacement tranche of term loans or credit facility indebtedness incurred for the primary purpose of reducing the “yield” applicable to the loans
under the Incremental Term B Facility or Backstop Term B Facility, as the case may be, and (b) any amendment to the loans under the Incremental Term B Facility or Backstop Term B Facility, as applicable, the primary purpose of reducing the
“yield” on such loans; provided that a Repricing Transaction shall not include any amendment, prepayment, repayment or repricing made in connection with a Permitted Acquisition (as defined in the Existing Credit Agreement).
		
	Security:		Identical to the security provisions in respect of the existing Term Loans as set forth in the Existing Credit Agreement and the other Credit Documents, except as otherwise agreed. The Collateral will secure the Incremental Term
Loans under the Incremental Term Facilities or the loans under the Backstop Bank Facilities, as the case may be, on a pari passu basis with the existing Term Loans under the Existing Credit Agreement.
		
	Documentation, Covenants,		
	Events of Default,		
	Other Provisions:		Unless otherwise specified in this Annex B, the definitive documentation will contain covenants, events of default and other provisions relating to the Incremental Term Facilities (such documentation, the “Incremental Term
Facilities Documentation”) or the Backstop Bank Facilities (such documentation, the “Backstop Bank Facilities Documentation”, it being agreed the Backstop Bank Facilities Documentation may take the form of an amendment and
restatement of the Existing Credit Agreement), as the case may be, which will be identical to those applicable to the Term Loans (and, in the case of the Backstop Revolving Facility, if applicable, the Revolving Loans) under the Existing Credit
Agreement and incorporating the Specified Amendment; provided that it shall be an Event of Default if the Acquisition is consummated pursuant to the Tender Offer and the Merger is not consummated within 1 business day after the Closing
Date.

  
 [Annex B-7] 

			
			The Incremental Term A Facility shall be established as new Series A-4 Tranche A Term Loans under the Existing Credit Agreement.
		
	Conditions Precedent to		
	Borrowing on the Closing Date:		The several obligations of the Lenders to make Incremental Term Loans or the loans under the Backstop Bank Facilities, as applicable, to the Borrower on the Closing Date will be subject to the conditions precedent referred to in
Section 2 of the Commitment Letter and those listed on Annex F attached to the Commitment Letter.
		
	Conditions to All Borrowings:		The making of each extension of credit under the Incremental Term Facilities or the Backstop Bank Facilities will be subject to (a) prior written notice of borrowing, (b) the accuracy of representations and warranties that are
qualified by materiality and the accuracy in all material respects of the representations and warranties not so qualified (subject to the limitations set forth in the Commitment Letter) and (c) after the Closing Date, the absence of any default or
event of default. Notwithstanding the foregoing, the making of any Incremental Delayed Draw Loan or Backstop Delayed Draw Loan shall be subject solely to (i) the delivery of prior written notice of borrowing and (ii) certification that the proceeds
of any Incremental Delayed Draw Loan or Backstop Delayed Draw Loan shall be used solely to finance the Convertibles Redemption.
		
	Incremental Financial Covenants:		Identical to the financial covenants applicable to Loans in the Existing Credit Agreement, as amended pursuant to the Specified Amendment.
		
	Backstop Bank Facilities		
	Financial Covenants:		Maximum net Secured Leverage Ratio (as defined in the Existing Credit Agreement) of 3.50 to 1.00.
		
			Minimum Interest Coverage Ratio (as defined in the Credit Agreement) of 2.25 to 1.00.
		
	Governing Law:		New York.
		
	Counsel to the Lead		
	Arrangers:		Cahill Gordon & Reindel LLP.

  
 [Annex B-8] 

 Exhibit 1 to Annex B 

Incremental Term A Facility 
 The
Incremental Term A Facility will bear interest initially, at the Borrower’s option, (a) at the Base Rate plus 1.25% per annum; or (b) Adjusted Eurodollar Rate plus 2.25% per annum. From and after the delivery
by the Borrower to the Bank Administrative Agent of financial statements for the first full fiscal quarter ended after the Closing Date, the Incremental Term A Facility will bear interest at the percentages per annum set forth in the following table
based upon the Leverage Ratio of the Borrower, as of the last day of the most recently ended fiscal quarter for which financial statements were required to have been delivered pursuant to Section 5.1(a) or (b) of the Credit Agreement, as
applicable. 
 Incremental Term A Facility Pricing Table 
  

											
	 Pricing
Level
	  	 Leverage Ratio
	  	Eurodollar
Rate Loans	 	 	Base Rate
Loans	 
	I	  	> 4.0 to 1.0	  	 	2.25	% 	 	 	1.25	% 
	II	  	£ 4.0 to 1.0 but > 3.25 to 1.0	  	 	2.00	% 	 	 	1.00	% 
	III	  	£ 3.25 to 1.0	  	 	1.75	% 	 	 	0.75	% 

 Backstop Term A Facility 

The Backstop Term A Facility will bear interest initially, at the Borrower’s option, (a) at the Base Rate plus 1.50% per
annum; or (b) Adjusted Eurodollar Rate plus 2.50% per annum. From and after the delivery by the Borrower to the Bank Administrative Agent of financial statements for the first full fiscal quarter ended after the Closing Date,
Backstop Term A Facility, as applicable, will bear interest at the percentages per annum set forth in the following table based upon the Leverage Ratio of the Borrower, as of the last day of the most recently ended fiscal quarter for which financial
statements were required to have been delivered pursuant to Section 5.1(a) or (b) of the Credit Agreement, as applicable. 

Backstop Term A Facility Pricing Table 
  

											
	 Pricing
Level
	  	 Leverage Ratio
	  	Eurodollar
Rate Loans	 	 	Base Rate
Loans	 
	I	  	> 4.0 to 1.0	  	 	2.50	% 	 	 	1.50	% 
	II	  	£ 4.0 to 1.0 but > 3.25 to 1.0	  	 	2.25	% 	 	 	1.25	% 
	III	  	£ 3.25 to 1.0	  	 	2.00	% 	 	 	1.00	% 

 Backstop Revolving Facility 

The Backstop Revolving Loans will bear interest initially, at the Borrower’s option, (a) at the Base Rate plus 1.50% per
annum; or (b) Adjusted Eurodollar Rate plus 2.50% per annum. From and after the delivery by the Borrower to the Bank Administrative Agent of financial statements for the first full fiscal quarter ended after the Closing Date,
the Backstop Revolving Facility will bear interest at the percentages per annum set forth in the following table based upon the Leverage Ratio of the Borrower, as of the last day of the most recently ended fiscal quarter for which financial
statements were required to have been delivered pursuant to Section 5.1(a) or (b) of the Credit Agreement, as applicable. 

  
 [Exhibit 1 to Annex B]

 Backstop Revolving Facility Pricing Table 

 

											
	 Pricing
Level
	  	 Leverage Ratio
	  	Eurodollar
Rate Loans	 	 	Base Rate
Loans	 
	I	  	> 4.0 to 1.0	  	 	2.50	% 	 	 	1.50	% 
	II	  	£ 4.0 to 1.0 but > 3.25 to 1.0	  	 	2.25	% 	 	 	1.25	% 
	III	  	£ 3.25 to 1.0	  	 	2.00	% 	 	 	1.00	% 

  
 [Exhibit 1 to Annex B]

 Annex C 

Summary of the Incremental Bridge Facility 

This Summary outlines certain terms of the Incremental Bridge Facility referred to in the Commitment Letter, of which this Annex C is a part. Certain
capitalized terms used herein are defined in the Commitment Letter. 
  

			
	Borrower:		The Borrower under the Incremental Term Facilities.
		
	Guarantors:		The Guarantors (as defined in Annex B to the Commitment Letter) will guarantee (the “Guarantee”) all obligations of the Borrower under the Incremental Bridge Facility. In addition, upon consummation of the
Acquisition, Target (as defined in Annex B to the Commitment Letter) and its subsidiaries that would otherwise become guarantors under the Existing Credit Agreement will guarantee all obligations in respect of the Incremental Bridge
Facility.
		
	Joint Lead Arrangers and		
	Joint Bookrunners:		DBSI, HSBC Securities, BTMU, DNB Markets and STRH in their capacities as Joint Lead Arrangers and Joint Bookrunners (the “Incremental Bridge Lead Arrangers” or, the “Arrangers”).
		
	Syndication Agents:		DBSI and HSBC Securities, in their capacities as Syndication Agents (the “Syndication Agents”).
		
	Co-Documentation Agents:		DBSI, HSBC Securities, BTMU, DNB Markets and SunTrust, in their capacities as Co-Documentation Agents (the “Documentation Agents”).
		
	Bridge Administrative Agent:		DB Cayman (the “Incremental Bridge Administrative Agent”).
		
	Lenders:		DB Cayman, HSBC Bank, HSBC Canada, HSBCL, BTMU, DNB Capital LLC (“DNB”) and SunTrust and and/or other financial institutions selected by the Incremental Bridge Lead Arrangers in consultation with the Borrower
(excluding any Disqualified Lenders) (each, a “Lender” and, collectively, the “Lenders”).
		
	Amounts of Bridge Loans:		Unsecured senior increasing rate bridge loans (the “Incremental Bridge Loans”) under a new senior unsecured credit facility (the “Incremental Bridge Facility”) in an aggregate principal amount equal
to $9,600 million less the gross proceeds from the sale of Incremental Notes issued on or prior to the Closing Date.
		
	Closing Date:		The date on which Incremental Bridge Loans are made and the Acquisition is consummated (the “Incremental Bridge Closing Date”).

			
	Ranking:		The Incremental Bridge Loans, the Guarantee and all obligations with respect thereto will be senior unsecured obligations and rank pari passu in right of payment with all of the Borrower’s and the Guarantors’
existing and future senior obligations (including the obligations under the Existing Credit Agreement).
		
	Maturity:		All Incremental Bridge Loans will mature on the first anniversary of the Incremental Bridge Closing Date (the “Incremental Bridge Maturity Date”). On the Incremental Bridge Maturity Date, any Incremental Bridge Loan
that has not been previously repaid in full will be automatically converted into a senior unsecured term loan (an “Incremental Extended Term Loan”) that is due on the date that is 8 years after the Incremental Bridge Closing Date.
The date on which Incremental Bridge Loans are converted into Incremental Extended Term Loans is referred to as the “Incremental Conversion Date”. On the Incremental Conversion Date, and on the 15th calendar day of each month
thereafter (or the immediately succeeding business day if such calendar day is not a business day), at the option of the applicable Lender or Lenders, Incremental Extended Term Loans may be exchanged in whole or in part for senior unsecured exchange
notes (the “Incremental Exchange Notes”) in a principal amount equal to the principal amount of the applicable Incremental Exchange Notes so exchanged and having the same maturity date as such Incremental Extended Term Loans so
exchanged; provided, that (i) no Incremental Exchange Notes shall be issued until the Borrower shall have received requests to issue at least $100.0 million in aggregate principal amount of Incremental Exchange Notes and (ii) no subsequent
Incremental Exchange Notes shall be issued until the Borrower shall have received additional requests to issue at least $100.0 million in aggregate principal amount of additional Incremental Exchange Notes.
		
			The Incremental Extended Term Loans will be governed by the provisions of the Incremental Bridge Facility Documentation (as defined below) and will have the same terms as the Incremental Bridge Loans except as expressly set forth on
Exhibit 1 to this Annex C. The Incremental Exchange Notes will be issued pursuant to indentures (the “Incremental Indentures”) that will have the terms set forth on Exhibit 2 to this Annex C. The Incremental Bridge Loans, the
Incremental Extended Term Loans and the Incremental Exchange Notes shall be pari passu for all purposes.
		
	Demand Failure Event:		Any failure to comply with the terms of an Incremental Bridge Takeout Notice (as defined in the Fee Letters) for any reason will be deemed to be an “Incremental Bridge Takeout Demand Failure Event” (as defined in
the Fee Letters) under the Incremental Bridge Facility Documentation (as defined below).

  
 [Annex C-2] 

			
	Interest Rate:		Until the earlier of (i) the Incremental Bridge Maturity Date or (ii) the occurrence of an Incremental Bridge Takeout Demand Failure Event (such earlier date, the “Incremental Conversion Date”), the Incremental
Bridge Loans will bear interest at a floating rate, reset quarterly, as follows: (x) for the first 90 day period commencing on the Incremental Bridge Closing Date, the Incremental Bridge Loans will bear interest at a rate per annum
equal to the reserve Adjusted Eurodollar Rate (subject to a reserve Adjusted Eurodollar Rate floor of 1.00% per annum), plus 575 basis points (collectively, the “Incremental Bridge LIBOR Rate”) and (y) thereafter, interest
on the Incremental Bridge Loans will be payable at a floating per annum rate equal to the Incremental Bridge LIBOR Rate during the prior 90 day period, in each case plus the Incremental Bridge Spread, reset at the beginning of each subsequent
90 day period. The “Incremental Bridge Spread” will initially be 50 basis points (commencing 90 days after the Incremental Bridge Closing Date) and will increase by an additional 50 basis points every 90 days thereafter.
Notwithstanding the foregoing, at no time will the per annum interest rate on the Incremental Bridge Loans exceed the Incremental Cap (as defined in the Fee Letters) then in effect (plus default interest, if any).
		
			From and after the Incremental Conversion Date, the Incremental Bridge Loans will bear interest at a fixed rate equal to the Incremental Cap (plus default interest, if any).
		
			Prior to the Incremental Conversion Date, interest will be payable at the end of each interest period. Accrued Interest shall also be payable in arrears on the Incremental Conversion Date and on the date of any prepayment of the
Incremental Bridge Loans. From and after the Incremental Conversion Date, interest will be payable quarterly in arrears and on the date of any prepayment of the Incremental Bridge Loans.
		
			As used herein, the term “reserve Adjusted Eurodollar Rate” will have the meaning customary and appropriate for financings of this type, and the basis for calculating accrued interest and the interest periods for
loans bearing interest at the reserve Adjusted Eurodollar Rate will be customary and appropriate for financings of this type.
		
			After the occurrence and during the continuance of an Event of Default, interest on all overdue amounts then outstanding will accrue at a rate equal to the applicable rate set forth above, plus an additional two percentage points
(2.00%) per annum and will be payable on demand.
		
	Amortization:		None.

  
 [Annex C-3] 

			
	Funding Protection:		Customary for transactions of this type, including breakage costs, gross-up for withholding, compensation for increased costs and compliance with capital adequacy and other regulatory restrictions.
		
	Mandatory Prepayment:		Prior to the Incremental Conversion Date and to the extent permitted by the Existing Credit Agreement, an amount equal to the amount of the net cash proceeds to the Borrower, Parent or any subsidiary of Parent (including Target)
from (a) any direct or indirect public offering or private placement of any debt or equity or equity-linked securities (other than issuances pursuant to employee stock plans), (b) any future bank borrowings (except borrowings under the
Existing Credit Agreement and under ordinary course local credit lines) and (c) subject to certain ordinary course exceptions and reinvestment rights, any future asset sales or receipt of casualty insurance proceeds will be used to repay the
Incremental Bridge Loans, as a result of an asset sale or receipt of insurance proceeds, in each case at 100% of the principal amount of the Incremental Bridge Loans prepaid plus accrued interest to the date of prepayment. Any proceeds from the sale
of Incremental Takeout Debt (as defined in the Fee Letters) funded or purchased by a Lender or one or more of its affiliates will be applied, first, to refinance the Incremental Bridge Loans held at that time by such Lender, and second, in
accordance with the pro rata provisions otherwise applicable to prepayments. Except as set forth in the immediately preceding sentence, mandatory prepayments of the Incremental Bridge Loans shall be applied ratably among the outstanding
Incremental Bridge Loans.
		
			Nothing in these mandatory prepayment provisions will restrict or prevent any holder of Incremental Bridge Loans from exchanging Incremental Bridge Loans for Incremental Exchange Notes on or after the first anniversary of the
Incremental Bridge Closing Date.
		
	Change of Control:		Upon the occurrence of a Change of Control (to be defined), subject to the Existing Credit Agreement, the Borrower will be required to prepay in full all outstanding Incremental Bridge Loans at par plus accrued interest to the date
of prepayment, plus with respect to any Incremental Bridge Loans so prepaid on or after the Incremental Conversion Date, a 1.0% prepayment premium. Prior to making any such prepayment, the Borrower will, within 30 days of the Change of Control,
repay all obligations under the Existing Credit Agreement or obtain any required consent of the lenders under the Existing Credit Agreement to make such prepayment of the Incremental Bridge Loans. From and after the Incremental Conversion Date, each
holder of Incremental Bridge Loans may elect to accept or waive a prepayment such holder is otherwise entitled to receive pursuant to this paragraph.

  
 [Annex C-4] 

			
	Voluntary Prepayment:		Prior to the Incremental Conversion Date, Incremental Bridge Loans may be prepaid, in whole or in part, at the option of the Borrower, at any time (except as provided below) without premium or penalty, upon five business days’
written notice, such prepayment to be made at par plus accrued interest.
		
			From and after the Incremental Conversion Date and prior to the maturity thereof, Incremental Bridge Loans may be prepaid, in whole or in part, at the option of the Borrower, at any time (except as provided below) upon 3 days’
prior written notice at par plus accrued interest to the date of repayment plus the Applicable Premium. The “Applicable Premium” will be (i) a make-whole premium based on the applicable treasury rate plus 50 basis points prior to
the third anniversary of the Incremental Bridge Closing Date, (ii) one-half of the then-prevailing interest rate on the Incremental Bridge Loans from and including the third anniversary of the Incremental Bridge Closing Date to and including
the fourth anniversary of the Incremental Bridge Closing Date and (iii) declining to one-quarter of the then-prevailing interest rate on the Incremental Bridge Loans on the fourth anniversary of the Incremental Bridge Closing Date and to zero
on the fifth anniversary of the Incremental Bridge Closing Date.
		
	Security:		None.
		
	Incremental Bridge Facility		
	Documentation:		The Facility Documentation for the Incremental Bridge Facility (the “Incremental Bridge Facility Documentation”) shall be negotiated in good faith, shall contain the terms and conditions set forth in this Commitment
Letter, including Annex D and shall be based on the terms of (i) the Existing Credit Agreement incorporating the Specified Amendment and (ii) the Indenture, dated as of January 30, 2015, among the Company, Parent, The Bank of New York Mellon
Trust Company, N.A., as trustee, and the Guarantors listed therein (the “Existing Indenture”), taking into account current market conditions and your and your subsidiaries’ operational and strategic requirements in light of
your and your subsidiaries’ size, industries, businesses and business practices, operations, financial accounting and projections (in each case, taking into account the consummation of the Acquisition), with customary changes to reflect the
interim nature of the Incremental Bridge Facility (collectively, the “Incremental Bridge Documentation Principles”). The Incremental Bridge Facility Documentation shall contain only those payments, conditions to borrowing, mandatory
prepayments, representations and warranties, covenants and events of default expressly set forth in this Annex C, in each case applicable to Parent, the Borrower and their restricted subsidiaries and with standards, definitions, qualifications,
thresholds, exceptions, “baskets” and grace periods consistent with the Incremental Bridge Documentation Principles.

  
 [Annex C-5] 

			
	Representations and Warranties:		The Incremental Bridge Facility Documentation will contain representations and warranties consistent with the Existing Credit Agreement with changes as are usual and customary for financings of this kind, consistent with the
Incremental Bridge Documentation Principles.
		
	Covenants:		The Incremental Bridge Facility Documentation will contain the following covenants: (a) affirmative covenants consistent with the Existing Credit Agreement with changes as are usual and customary for financings of this kind,
consistent with the Incremental Bridge Documentation Principles; (b) incurrence-based negative covenants consistent with the Existing Credit Agreement, with changes as are usual and customary for financings of this kind consistent with the
Incremental Bridge Documentation Principles; provided that prior to the Incremental Conversion Date, the restricted payments and debt incurrence covenants in the Incremental Bridge Facility Documentation shall be more restrictive. There will
not be any financial maintenance covenants in the Incremental Bridge Facility Documentation.
		
			The Incremental Bridge Facility Documentation will contain a covenant requiring the Borrower to comply with the terms of the Fee Letters, including any Incremental Take-out Notice (as defined in the Fee Letters) and any cooperation
required in connection therewith.
		
	Financial Covenant:		None.
		
	Events of Default:		The Incremental Bridge Facility Documentation will contain such events of default as are consistent with the Existing Credit Agreement with changes as are usual and customary for financings of this kind, consistent with the
Incremental Bridge Documentation Principles.
		
	Conditions Precedent to		
	Borrowing:		The several obligations of the Lenders to make, or cause one of their respective affiliates to make, the Incremental Bridge Loans will be subject to (i) the conditions precedent referred to in Section 2 of the Commitment Letter and
those listed on Annex F attached to the Commitment Letter and (ii) prior written notice of borrowing.
		
	Assignments and Participations:		Each of the Lenders may assign all or (subject to minimum assignment amount requirements) any part of its Incremental Bridge Loans to its affiliates (other than natural persons) or one or more banks, financial institutions or other
entities that are “Eligible Assignees,” as defined in the Incremental Bridge

  
 [Annex C-6] 

			
			Facility Documentation, that are reasonably acceptable to the Incremental Bridge Administrative Agent, such consent not to be unreasonably withheld or delayed.
		
			Upon such assignment, such Eligible Assignee will become a Lender for all purposes under the Incremental Bridge Facility Documentation; provided that assignments made to affiliates and other Lenders will not be subject to the
above described consent or any minimum assignment amount requirements. A $3,500 processing fee will be required in connection with any such assignment. The Lenders will also have the right to sell participations, subject to customary limitations on
voting rights, in their respective Incremental Bridge Loans.
		
	Requisite Lenders:		Lenders holding at least a majority of total Incremental Bridge Loans, with certain amendments requiring the consent of Lenders holding a greater percentage (or all) of the total Incremental Bridge Loans.
		
	Taxes:		The Incremental Bridge Facility Documentation will include tax gross-up, cost and yield protection provisions substantially similar to those provisions for tax gross-up, cost and yield protection contained in the Existing Credit
Agreement.
		
	Indemnities:		The Incremental Bridge Facility Documentation will provide customary and appropriate provisions relating to indemnity and related matters in a form reasonably satisfactory to the Incremental Bridge Lead Arrangers, the Incremental
Bridge Administrative Agent and the Lenders.
		
	Governing Law and Jurisdiction:		The Incremental Bridge Facility Documentation will provide that the Borrower will submit to the exclusive jurisdiction and venue of the federal and state courts of the State of New York and will waive any right to trial by jury. New
York law will govern the Incremental Bridge Facility Documentation.
		
	Counsel to the Bridge Lead		
	Arrangers and the Bridge		
	Administrative Agent:		Cahill Gordon & Reindel LLP.

  
 [Annex C-7] 

 Exhibit 1 to Annex C 

Summary of Incremental Extended Term Loans 

This Summary of Incremental Extended Term Loans outlines certain terms of the Incremental Extended Term Loans referred to in Annex C to the Commitment
Letter, of which this Exhibit 1 is a part. Capitalized terms used herein have the meanings assigned to them in Annex C to the Commitment Letter. 
  

			
	Maturity:		The Incremental Extended Term Loans will mature on the date that is 8 years after the Incremental Bridge Closing Date.
		
	Guarantees:		Same as the Incremental Bridge Loans.
		
	Security:		None.
		
	Interest Rate:		The Incremental Extended Term Loans will bear interest at a rate equal to the Incremental Cap.
		
	Covenants, Defaults and		
	Mandatory Offers to Purchase:		Upon and after the Incremental Conversion Date, the covenants, mandatory offers to purchase and defaults which would be applicable to the Incremental Exchange Notes, if issued, will also be applicable to the Incremental
Extended Term Loans in lieu of the corresponding provisions of the Incremental Bridge Loans (except that any offer to repurchase upon the occurrence of a change of control will be made at 100% of the outstanding principal amount thereof, plus
accrued and unpaid interest to the date of repurchase).
		
		
	Optional Prepayment:		The Incremental Extended Term Loans may be prepaid, in whole or in part, at par, plus accrued and unpaid interest upon not less than three days’ prior written notice, at the option of the Borrower at any time.

  
 [Exhibit 1 to Annex C]

 Exhibit 2 to Annex C 

Summary of Incremental Exchange Notes 

This Summary of Incremental Exchange Notes outlines certain terms of the Incremental Exchange Notes referred to in Annex C to the Commitment Letter,
of which this Exhibit 2 is a part. Capitalized terms used herein have the meanings assigned to them in Annex C to the Commitment Letter. 

Incremental Exchange Notes 
 At any
time on or after the Incremental Conversion Date, upon not less than five business days’ prior notice, Incremental Bridge Loans may, at the option of a Lender, be exchanged for a principal amount of Incremental Exchange Notes equal to 100% of
the aggregate principal amount of the Incremental Bridge Loans so exchanged. At a Lender’s option, Incremental Exchange Notes will be issued directly to its broker-dealer affiliate or other third party designated by it, upon surrender by the
Lender to the Borrower of an equal principal amount of Incremental Bridge Loans. No Incremental Exchange Notes will be issued until the Borrower receives requests to issue at least $100.0 million in aggregate principal amount of Incremental Exchange
Notes. The Borrower will appoint a trustee reasonably acceptable to the Lenders. 
  

			
	Final Maturity:		Same as Incremental Extended Term Loans.
		
	Interest Rate:		Each Incremental Exchange Note will bear interest at a fixed rate equal to the Incremental Cap then in effect (plus default interest, if any). In each case, interest will be payable semiannually in arrears.
		
			Additional default interest on all amounts outstanding will accrue at the applicable rate plus two percentage points (2.00%) per annum.
		
	Guarantees and Security:		Same as Incremental Bridge Facility.
		
	Optional Redemption:		The Incremental Exchange Notes may be redeemed, in whole or in part, at the option of the Borrower, at any time (except as provided below) upon 3 days’ prior written notice at par plus accrued interest to the date of repayment
plus the Applicable Premium. The “Applicable Premium” will be with respect to Incremental Exchange Notes issued in exchange for Incremental Bridge Loans, (i) a make-whole premium based on the applicable treasury rate plus 50 basis
points prior to the third anniversary of the Incremental Bridge Closing Date, (ii) one-half of the Incremental Cap from and including the third anniversary of the Incremental Bridge Closing Date to and including the fourth anniversary of the
Bridge Closing Date and (iii) declining to one-quarter of the Incremental Cap on the fourth anniversary of the Incremental Bridge Closing Date and to zero on the fifth anniversary of the Incremental Bridge Closing Date.
		
			In addition, prior to the third anniversary of the Incremental Bridge Closing Date, up to 40% of the original principal amount

			
			of the Incremental Exchange Notes may be redeemed from the proceeds of a qualifying equity offering by the Borrower at a redemption price equal to par plus the Incremental Cap and accrued interest.
		
	Defeasance Provisions of		
	Exchange Notes:		Customary.
		
	Modification:		Customary.
		
	Change of Control:		Customary at 101%.
		
	Registration Rights:		None.
		
	Covenants:		The Incremental Indentures will include covenants customary for privately placed high yield debt securities (consistent with the Incremental Bridge Documentation Principles).
		
	Events of Default:		The Incremental Indentures will provide for Events of Default customary for privately placed high yield debt securities (consistent with the Incremental Bridge Documentation Principles).

  
 [Annex C-2] 

 Annex D 

Summary of the Secured Bridge Facility 

This Summary outlines certain terms of the Secured Bridge Facility referred to in the Commitment Letter, of which this Annex D is a part. Certain
capitalized terms used herein are defined in the Commitment Letter. 
  

			
	Borrower:		The Borrower under the Backstop Bank Facilities.
		
	Guarantors:		The Guarantors (as defined in Annex B to the Commitment Letter) will guarantee (the “Guarantee”) all obligations of the Borrower under the Secured Bridge Facility. In addition, upon consummation of the Acquisition,
Target (as defined in Annex B to the Commitment Letter) and its subsidiaries that would otherwise become guarantors under the Backstop Credit Agreement (as defined below) will guarantee all obligations in respect of the Secured Bridge
Facility.
		
	Joint Lead Arrangers and		
	Joint Bookrunners:		DBSI, HSBC Securities, BTMU, DNB Markets and STRH in their capacities as Joint Lead Arrangers and Joint Bookrunners (the “Secured Bridge Lead Arrangers” or, the “Arrangers”).
		
	Syndication Agents:		DBSI and HSBC Securities, in their capacities as Syndication Agents (the “Syndication Agents”).
		
	Co-Documentation Agents:		DBSI, HSBC Securities, BTMU, DNB Markets and SunTrust, in their capacities as Co-Documentation Agents (the “Documentation Agents”).
		
	Bridge Administrative Agent:		DB Cayman (the “Secured Bridge Administrative Agent”).
		
	Lenders:		DB Cayman, BTMU, HSBCL, DNB and SunTrust and/or other financial institutions selected by the Secured Bridge Lead Arrangers in consultation with the Borrower (excluding any Disqualified Lenders) (each, a “Lender”
and, collectively, the “Lenders”).
		
	Amounts of Bridge Loans:		Secured senior increasing rate bridge loans (the “Secured Bridge Loans”) under a new senior secured credit facility (the “Secured Bridge Facility”) in an aggregate principal amount equal to $1,050
million less the gross proceeds from the sale of Secured Notes issued on or prior to the Closing Date. The Secured Bridge Facility will consist of (i) a tranche of increasing rate bridge loans denominated in dollars in an aggregate principal amount
of $550 million (the “Secured Dollar Bridge Facility”) and (ii) a tranche of increasing rate bridge loans denominated in Euros in an aggregate principal amount of the Euro equivalent of $500 million (the “Secured Euro Bridge
Facility”).

			
	Closing Date:		The date on which Secured Bridge Loans are made and the Acquisition is consummated (the “Secured Bridge Closing Date”).
		
	Ranking:		The Secured Bridge Loans, the Guarantee and all obligations with respect thereto will be senior secured obligations and rank pari passu in right of payment with all of the Borrower’s and the Guarantors’ existing and
future senior obligations (including the obligations under the Backstop Credit Agreement and the Unsecured Bridge Loans).
		
	Security:		All obligations under the Secured Bridge Facility will be secured by a perfected first priority security interest in all of the Collateral. The liens on the Collateral securing the Secured Bridge Facility will be (i) pari
passu with the liens on the Collateral securing any Secured Notes and any permitted refinancing thereof and (ii) pari passu with the liens on the Collateral securing the Backstop Bank Facilities and any permitted refinancings thereof. The
priority of the security interests and related creditor rights between the Secured Bridge Facility, the Backstop Bank Facilities and any Secured Notes will be set forth in documentation substantially consistent with the terms of the Collateral
Documents (as defined in the Existing Credit Agreement) relating to the Backstop Credit Agreement.
		
	Maturity:		All Secured Bridge Loans will mature on the first anniversary of the Secured Bridge Closing Date (the “Secured Bridge Maturity Date”). On the Secured Bridge Maturity Date, any Secured Bridge Loan that has not been
previously repaid in full will be automatically converted into a senior secured term loan (a “Secured Extended Term Loan”) that is due on the date that is 7 years after the Secured Bridge Closing Date. The date on which Secured
Bridge Loans are converted into Secured Extended Term Loans is referred to as the “Secured Conversion Date”. On the Secured Conversion Date, and on the 15th calendar day of each month thereafter (or the immediately succeeding
business day if such calendar day is not a business day), at the option of the applicable Lender or Lenders, Secured Extended Term Loans may be exchanged in whole or in part for senior secured exchange notes (the “Secured Exchange
Notes”), in a principal amount equal to the principal amount of the Secured Exchange Notes so exchanged and having the same maturity date as such Secured Extended Term Loans so exchanged; provided that (i) no Secured Exchange Notes
shall be issued until the Borrower shall have received requests to issue at least $100.0 million (or the Euro equivalent thereof) in aggregate principal amount of Secured Exchange Notes and (ii) no subsequent Secured Exchange Notes shall be issued
until the Borrower shall have received additional requests to issue at least $100.0 million (or the Euro equivalent thereof) in aggregate principal amount of additional Secured Exchange
Notes.

  
 [Annex D-2] 

			
			The Secured Extended Term Loans will be governed by the provisions of the Secured Bridge Facility Documentation (as defined below) and will have the same terms as the Secured Bridge Loans except as expressly set forth on Exhibit 1
to this Annex D. The Secured Exchange Notes will be issued pursuant to indentures (the “Secured Indentures”) that will have the terms set forth on Exhibit 2 to this Annex D. The Secured Bridge Loans, the Secured Extended Term Loans
and the Secured Exchange Notes shall be pari passu for all purposes.
		
	Demand Failure Event:		Any failure to comply with the terms of a Backstop Bridge Takeout Notice (as defined in the Fee Letters) for any reason will be deemed to be a “Backstop Bridge Takeout Demand Failure Event” (as defined in the Fee
Letters) under the Secured Bridge Facility Documentation (as defined below).
		
	Interest Rate:		Until the earlier of (i) the Secured Bridge Maturity Date or (ii) the occurrence of a Backstop Bridge Takeout Demand Failure Event (such earlier date, the “Secured Conversion Date”), the Secured Bridge Loans will
bear interest at a floating rate, reset quarterly, as follows: (x) for the first 90 day period commencing on the Secured Bridge Closing Date, the Secured Bridge Loans will bear interest at a rate per annum equal to (A) with respect
to the Secured Dollar Bridge Facility, the reserve Adjusted Eurodollar Rate (subject to a reserve Adjusted Eurodollar Rate floor of 1.00% per annum), plus 425 basis points (collectively, the “Secured Bridge LIBOR Rate”) and
(B) with respect to the Secured Euro Bridge Facility, the Adjusted EURIBOR Rate (subject to an Adjusted EURIBOR Rate floor of 1.00% per annum), plus 425 basis points (collectively, the “Secured Bridge EURIBOR Rate” and,
together with the Secured Bridge LIBOR Rate, the “Secured Bridge Rate”) and (y) thereafter, interest on the Secured Bridge Loans will be payable at a floating per annum rate equal to the Secured Bridge Rate during the
prior 90 day period, in each case plus the Bridge Spread, reset at the beginning of each subsequent 90 day period. The “Bridge Spread” will initially be 50 basis points (commencing 90 days after the Secured Bridge Closing Date) and
will increase by an additional 50 basis points every 90 days thereafter. Notwithstanding the foregoing, at no time will the per annum interest rate on the Secured Bridge Loans exceed the Secured Cap (as defined in the Fee Letters) then in effect
(plus default interest, if any).
		
			From and after the Secured Conversion Date, the Secured Bridge Loans will bear interest at a fixed rate equal to the Secured Cap (plus default interest, if any).
		
			Prior to the Secured Conversion Date, interest will be payable at the end of each interest period. Accrued interest shall also be payable in arrears on the Secured Conversion Date and on
the

  
 [Annex D-3] 

			
			date of any prepayment of the Secured Bridge Loans. From and after the Secured Conversion Date, interest will be payable quarterly in arrears and on the date of any prepayment of the Secured Bridge Loans.
		
			As used herein, the term “reserve Adjusted Eurodollar Rate” will have the meaning customary and appropriate for financings of this type, and the basis for calculating accrued interest and the interest periods for
loans bearing interest at the reserve Adjusted Eurodollar Rate will be customary and appropriate for financings of this type.
		
			As used herein, the term “Adjusted EURIBOR” is the London interbank offered rate for Euro deposits for purposes of providing quotations of interest rates applicable to Euro deposits in the London interbank market,
and the basis for calculating accrued interest and the interest periods for loans bearing interest at the Adjusted EURIBOR Rate will be customary and appropriate for financings of this type.
		
			After the occurrence and during the continuance of an Event of Default, interest on all overdue amounts then outstanding will accrue at a rate equal to the applicable rate set forth above, plus an additional two percentage points
(2.00%) per annum and will be payable on demand.
		
	Amortization:		None.
		
	Funding Protection:		Customary for transactions of this type, including breakage costs, gross-up for withholding, compensation for increased costs and compliance with capital adequacy and other regulatory restrictions.
		
	Mandatory Prepayment:		Prior to the Secured Conversion Date and to the extent permitted by the credit agreement in connection with the Backstop Bank Facilities Documentation (the “Backstop Credit Agreement”), an amount equal to the amount
of the net cash proceeds to the Borrower, Parent or any subsidiary of Parent (including Target) from (a) any direct or indirect public offering or private placement of any debt or equity or equity-linked securities (other than issuances
pursuant to employee stock plans) (and, in any event prior to the repayment of an Unsecured Bridge Loan with the proceeds thereof), (b) any future bank borrowings (except borrowings under the Backstop Credit Agreement and under ordinary course
local credit lines) and (c) subject to certain ordinary course exceptions and reinvestment rights, any future asset sales or receipt of insurance proceeds will be used to repay the Secured Bridge Loans, as a result of an asset sale or receipt
of casualty insurance proceeds, in each case at 100% of the principal amount of the Secured Bridge Loans prepaid plus accrued interest to the date of prepayment (and, in any event

  
 [Annex D-4] 

			
			prior to the repayment of an Unsecured Bridge Loan with the proceeds thereof). Any proceeds from the sale of Secured Takeout Debt (as defined in the Fee Letters) funded or purchased by a Lender or one or more of its affiliates will
be applied, first, to refinance the Secured Bridge Loans held at that time by such Lender, and second, in accordance with the pro rata provisions otherwise applicable to prepayments. Except as set forth in the immediately preceding sentence,
mandatory prepayments of the Secured Bridge Loans shall be applied ratably among the outstanding Secured Bridge Loans.
		
			Nothing in these mandatory prepayment provisions will restrict or prevent any holder of Secured Bridge Loans from exchanging Secured Bridge Loans for Secured Exchange Notes on or after the first anniversary of the Secured Bridge
Closing Date.
		
	Change of Control:		Upon the occurrence of a Change of Control (to be defined), subject to the Backstop Credit Agreement, the Borrower will be required to prepay in full all outstanding Secured Bridge Loans (and, in any event prior to the repayment of
an Unsecured Bridge Loan with the proceeds thereof) at par plus accrued interest to the date of prepayment, plus with respect to any Secured Bridge Loans so prepaid on or after the Secured Conversion Date, a 1.0% prepayment premium. Prior to making
any such prepayment, the Borrower will, within 30 days of the Change of Control, repay all obligations under the Credit Agreement or obtain any required consent of the lenders under the Credit Agreement to make such prepayment of the Secured Bridge
Loans. From and after the Secured Conversion Date, each holder of Secured Bridge Loans may elect to accept or waive a prepayment such holder is otherwise entitled to receive pursuant to this paragraph.
		
	Voluntary Prepayment:		Prior to the Secured Conversion Date, Secured Bridge Loans may be prepaid, in whole or in part, at the option of the Borrower, at any time (except as provided below) without premium or penalty, upon five business days’ written
notice, such prepayment to be made at par plus accrued interest.
		
			From and after the Secured Conversion Date and prior to the maturity thereof, Secured Bridge Loans may be prepaid, in whole or in part, at the option of the Borrower, at any time (except as provided below) upon 3 days’ prior
written notice at par plus accrued interest to the date of repayment plus the Applicable Premium. The “Applicable Premium” will be (i) a make-whole premium based on the applicable treasury rate plus 50 basis points prior to the
third anniversary of the Secured Bridge Closing Date, (ii) one-half of the then-prevailing interest rate on the Secured Bridge Loans from and including the third anniversary of the Secured Bridge Closing Date to and including the fourth
anniversary of the Secured Bridge Closing Date and

  
 [Annex D-5] 

			
			(iii) declining to one-quarter of the then-prevailing interest rate on the Secured Bridge Loans on the fourth anniversary of the Secured Bridge Closing Date and to zero on the fifth anniversary of the Secured Bridge Closing
Date.
		
	Secured Bridge Facility		
	Documentation:		The Facility Documentation for the Secured Bridge Facility (the “Secured Bridge Facility Documentation”) shall be negotiated in good faith, shall contain the terms and conditions set forth in this Commitment Letter,
including Annex C and shall be based on the terms of (i) Backstop Credit Agreement and (ii) the Indenture, dated as of January 30, 2015, among the Company, Parent, The Bank of New York Mellon Trust Company, N.A., as trustee, and the Guarantors
listed therein (the “Existing Indenture”), taking into account current market conditions and your and your subsidiaries’ operational and strategic requirements in light of your and your subsidiaries’ size, industries,
businesses and business practices, operations, financial accounting and projections (in each case, taking into account the consummation of the Acquisition), with customary changes to reflect the interim nature of the Secured Bridge Facility
(collectively, the “Secured Bridge Documentation Principles”). The Secured Bridge Facility Documentation shall contain only those payments, conditions to borrowing, mandatory prepayments, representations and warranties, covenants
and events of default expressly set forth in this Annex D, in each case applicable to Parent, the Borrower and their restricted subsidiaries and with standards, definitions, qualifications, thresholds, exceptions, “baskets” and grace
periods consistent with the Secured Bridge Documentation Principles.
		
	Representations and Warranties:		The Secured Bridge Facility Documentation will contain representations and warranties consistent with the Backstop Credit Agreement with changes as are usual and customary for financings of this kind, consistent with the Secured
Bridge Documentation Principles.
		
	Covenants:		The Secured Bridge Facility Documentation will contain the following covenants: (a) affirmative covenants consistent with the Backstop Credit Agreement with changes as are usual and customary for financings of this kind, consistent
with the Secured Bridge Documentation Principles; (b) incurrence-based negative covenants consistent with the Backstop Credit Agreement, with changes as are usual and customary for financings of this kind consistent with the Secured Bridge
Documentation Principles; provided that prior to the Secured Conversion Date, the restricted payments, liens and debt incurrence covenants in the Secured Bridge Facility Documentation shall be more restrictive; provided further that it
shall be an Event of Default if the Acquisition is consummated

  
 [Annex D-6] 

			
			pursuant to the Tender Offer and the Merger is not consummated within 1 business day after the Closing Date. There will not be any financial maintenance covenants in the Secured Bridge Facility Documentation.
		
			The Secured Bridge Facility Documentation will contain a covenant requiring the Borrower to comply with the terms of the Fee Letters, including any Backstop Bridge Take-out Notice (as defined in the Fee Letters) and any cooperation
required in connection therewith.
		
	Financial Covenant:		None.
		
	Events of Default:		The Secured Bridge Facility Documentation will contain such events of default as are consistent with the Backstop Credit Agreement with changes as are usual and customary for financings of this kind, consistent with the Secured
Bridge Documentation Principles.
		
	Conditions Precedent to		
	Borrowing:		The several obligations of the Lenders to make, or cause one of their respective affiliates to make, the Secured Bridge Loans will be subject to (i) the conditions precedent referred to in Section 2 of the Commitment Letter and
those listed on Annex F attached to the Commitment Letter and (ii) prior written notice of borrowing.
		
	Assignments and Participations:		Each of the Lenders may assign all or (subject to minimum assignment amount requirements) any part of its Secured Bridge Loans to its affiliates (other than natural persons) or one or more banks, financial institutions or other
entities that are “Eligible Assignees,” as defined in the Secured Bridge Facility Documentation, that are reasonably acceptable to the Secured Bridge Administrative Agent, such consent not to be unreasonably withheld or delayed.
		
			Upon such assignment, such Eligible Assignee will become a Lender for all purposes under the Secured Bridge Facility Documentation; provided that assignments made to affiliates and other Lenders will not be subject to the
above described consent or any minimum assignment amount requirements. A $3,500 processing fee will be required in connection with any such assignment. The Lenders will also have the right to sell participations, subject to customary limitations on
voting rights, in their respective Secured Bridge Loans.
		
	Requisite Lenders:		Lenders holding at least a majority of total Secured Bridge Loans, with certain amendments requiring the consent of Lenders holding a greater percentage (or all) of the total Secured Bridge
Loans.

  
 [Annex D-7] 

			
	Taxes:		The Secured Bridge Facility Documentation will include tax gross-up, cost and yield protection provisions substantially similar to those provisions for tax gross-up, cost and yield protection contained in the Backstop Credit
Agreement.
		
	Indemnities:		The Secured Bridge Facility Documentation will provide customary and appropriate provisions relating to indemnity and related matters in a form reasonably satisfactory to the Secured Bridge Lead Arrangers, the Secured Bridge
Administrative Agent and the Lenders.
		
	Governing Law and Jurisdiction:		The Secured Bridge Facility Documentation will provide that the Borrower will submit to the exclusive jurisdiction and venue of the federal and state courts of the State of New York and will waive any right to trial by jury. New
York law will govern the Secured Bridge Facility Documentation.
		
	Counsel to the Bridge Lead		
	Arrangers and the Secured Bridge		
	Administrative Agent:		Cahill Gordon & Reindel LLP.

  
 [Annex D-8] 

 Exhibit 1 to Annex D 

Summary of Secured Extended Term Loans 

This Summary of Secured Extended Term Loans outlines certain terms of the Secured Extended Term Loans referred to in Annex D to the Commitment Letter,
of which this Exhibit 1 is a part. Capitalized terms used herein have the meanings assigned to them in Annex D to the Commitment Letter. 
  

			
	Maturity:		The Secured Extended Term Loans will mature on the date that is 7 years after the Secured Bridge Closing Date.
		
	Guarantees and Security:		Same as the Secured Bridge Loans.
		
	Interest Rate:		The Secured Extended Term Loans will bear interest at a rate equal to the Secured Cap.
		
	Covenants, Defaults and		
	Mandatory Offers to Purchase:		Upon and after the Secured Conversion Date, the covenants, mandatory offers to purchase and defaults which would be applicable to the Secured Exchange Notes, if issued, will also be applicable to the Secured Extended Term Loans in
lieu of the corresponding provisions of the Secured Bridge Loans (except that any offer to repurchase upon the occurrence of a change of control will be made at 100% of the outstanding principal amount thereof, plus accrued and unpaid interest to
the date of repurchase).
		
	Optional Prepayment:		The Secured Extended Term Loans may be prepaid, in whole or in part, at par, plus accrued and unpaid interest upon not less than three days’ prior written notice, at the option of the Borrower at any time.

  
 [Exhibit 1 to
Annex D] 

 Exhibit 2 to Annex D 

Summary of Secured Exchange Notes 

This Summary of Secured Exchange Notes outlines certain terms of the Secured Exchange Notes referred to in Annex D to the Commitment Letter, of which
this Exhibit 2 is a part. Capitalized terms used herein have the meanings assigned to them in Annex D to the Commitment Letter. 

Secured Exchange Notes 
 At any
time on or after the Secured Conversion Date, upon not less than five business days’ prior notice, Secured Bridge Loans may, at the option of a Lender, be exchanged for a principal amount of Secured Exchange Notes equal to 100% of the aggregate
principal amount of the Secured Bridge Loans so exchanged. At a Lender’s option, Secured Exchange Notes will be issued directly to its broker-dealer affiliate or other third party designated by it, upon surrender by the Lender to the Borrower
of an equal principal amount of Secured Bridge Loans. No Secured Exchange Notes will be issued until the Borrower receives requests to issue at least $100.0 million (or the Euro equivalent) in aggregate principal amount of Secured Exchange
Notes. The Borrower will appoint a trustee reasonably acceptable to the Lenders. 
  

			
	Final Maturity:		Same as Secured Extended Term Loans.
		
	Guarantees and Security:		Same as Secured Bridge Facility.
		
	Interest Rate:		Each Secured Exchange Note will bear interest at a fixed rate equal to the Secured Cap then in effect (plus default interest, if any). In each case, interest will be payable semiannually in arrears.
		
			Additional default interest on all amounts outstanding will accrue at the applicable rate plus two percentage points (2.00%) per annum.
		
	Optional Redemption:		The Secured Exchange Notes may be redeemed, in whole or in part, at the option of the Borrower, at any time (except as provided below) upon 3 days’ prior written notice at par plus accrued interest to the date of repayment plus
the Applicable Premium. The “Applicable Premium” will be with respect to Secured Exchange Notes issued in exchange for Secured Bridge Loans, (i) a make-whole premium based on the applicable treasury rate plus 50 basis points prior
to the third anniversary of the Secured Bridge Closing Date, (ii) one-half of the Secured Cap from and including the third anniversary of the Secured Bridge Closing Date to and including the fourth anniversary of the Secured Bridge Closing Date
and (iii) declining to one-quarter of the Secured Cap on the fourth anniversary of the Secured Bridge Closing Date and to zero on the fifth anniversary of the Secured Bridge Closing Date.
		
			In addition, prior to the third anniversary of the Secured Bridge Closing Date, up to 40% of the original principal amount of the

  
 [Exhibit 2 to
Annex D] 

			
			Secured Exchange Notes may be redeemed from the proceeds of a qualifying equity offering by the Borrower at a redemption price equal to par plus the Secured Cap and accrued and unpaid interest, and up to 10% of such Secured Exchange
Notes may be redeemed in any 12-month period at a redemption price equal to 103% of the principal amount thereof plus accrued and unpaid interest.
		
	Defeasance Provisions of		
	Exchange Notes:		Customary.
		
	Modification:		Customary.
		
	Change of Control:		Customary at 101%.
		
	Registration Rights:		None.
		
	Covenants:		The Secured Indentures will include covenants customary for privately placed high yield debt securities (consistent with the Secured Bridge Documentation Principles).
		
	Events of Default:		The Secured Indentures will provide for Events of Default customary for privately placed high yield debt securities (consistent with the Secured Bridge Documentation Principles).

  
 [Exhibit 2 to Annex D]

 Annex E 

Summary of the Unsecured Bridge Facility 

This Summary outlines certain terms of the Unsecured Bridge Facility referred to in the Commitment Letter, of which this Annex E is a part. Certain
capitalized terms used herein are defined in the Commitment Letter. 
  

			
	Borrower:		The Borrower under the Backstop Bank Facilities.
		
	Guarantors:		The Guarantors (as defined in Annex B to the Commitment Letter) will guarantee (the “Guarantee”) all obligations of the Borrower under the Unsecured Bridge Facility. In addition, upon consummation of the
Acquisition, Target (as defined in Annex B to the Commitment Letter) and its subsidiaries that would otherwise become guarantors under the Backstop Credit Agreement (as defined below) will guarantee all obligations in respect of the Unsecured Bridge
Facility.
		
	Joint Lead Arrangers and		
	Joint Bookrunners:		DBSI, HSBC Securities, BTMU, DNB and STRH, in their capacities as Joint Lead Arrangers and Joint Bookrunners (the “Unsecured Bridge Lead Arrangers” or, the “Arrangers”).
		
	Syndication Agents:		DBSI and HSBC Securities, in their capacities as Syndication Agents (the “Syndication Agents”).
		
	Co-Documentation Agents:		DBSI, HSBC Securities, BTMU, DNB Markets and SunTrust, in their capacities as Co-Documentation Agents (the “Documentation Agents”).
		
	Bridge Administrative Agent:		DB Cayman (the “Unsecured Bridge Administrative Agent”).
		
	Lenders:		DB Cayman, HSBC Bank (with respect to the Unsecured Dollar Bridge Facility), HSBC Canada (with respect to the Unsecured Dollar Bridge Facility and the Unsecured Euro Bridge Facility), HSBCL (with respect to the Unsecured Dollar
Bridge Facility), BTMU, DNB and SunTrust and/or other financial institutions selected by the Unsecured Bridge Lead Arrangers in consultation with the Borrower (excluding any Disqualified Lenders) (each, a “Lender” and, collectively,
the “Lenders”).
		
	Amounts of Bridge Loans:		Unsecured senior increasing rate bridge loans (the “Unsecured Bridge Loans”) under a new senior unsecured credit facility (the “Unsecured Bridge Facility”) in an aggregate principal amount equal to
$9,750 million less the gross proceeds from the sale of Unsecured Notes issued on or prior to the Closing Date. The Unsecured Bridge Facility will consist of (i) a tranche of increasing rate bridge loans denominated in dollars in an aggregate
principal amount of $8,350 million (the “Unsecured Dollar Bridge Facility”) and (ii) a tranche of increasing rate

			
			bridge loans denominated in Euros in an aggregate principal amount of the Euro equivalent of $1,400 million (the “Unsecured Euro Bridge Facility”).
		
	Closing Date:		The date on which Unsecured Bridge Loans are made and the Acquisition is consummated (the “Unsecured Bridge Closing Date”).
		
	Ranking:		The Unsecured Bridge Loans, the Guarantee and all obligations with respect thereto will be senior unsecured obligations and rank pari passu in right of payment with all of the Borrower’s and the Guarantors’ existing
and future senior obligations (including the obligations under the Backstop Credit Agreement (as defined below) and the Secured Bridge Loans).
		
	Maturity:		All Unsecured Bridge Loans will mature on the first anniversary of the Unsecured Bridge Closing Date (the “Unsecured Bridge Maturity Date”). On the Unsecured Bridge Maturity Date, any Unsecured Bridge Loan that has
not been previously repaid in full will be automatically converted into a senior unsecured term loan (an “Unsecured Extended Term Loan”) that is due on the date that is 8 years after the Unsecured Bridge Closing Date. The date on
which Unsecured Bridge Loans are converted into Unsecured Extended Term Loans is referred to as the “Unsecured Conversion Date”. On the Unsecured Conversion Date, and on the 15th calendar day of each month thereafter (or the
immediately succeeding business day if such calendar day is not a business day), at the option of the applicable Lender or Lenders, Unsecured Extended Term Loans may be exchanged in whole or in part for senior unsecured exchange notes (the
“Unsecured Exchange Notes”) in a principal amount equal to the principal amount of the applicable Unsecured Exchange Notes so exchanged and having the same maturity date as such Unsecured Extended Term Loans so exchanged;
provided, that (i) no Unsecured Exchange Notes shall be issued until the Borrower shall have received requests to issue at least $100.0 million (or the Euro equivalent thereof) in aggregate principal amount of Unsecured Exchange Notes and
(ii) no subsequent Unsecured Exchange Notes shall be issued until the Borrower shall have received additional requests to issue at least $100.0 million (or the Euro equivalent thereof) in aggregate principal amount of additional Unsecured Exchange
Notes.
		
			The Unsecured Extended Term Loans will be governed by the provisions of the Unsecured Bridge Facility Documentation (as defined below) and will have the same terms as the Unsecured Bridge Loans except as expressly set forth on
Exhibit 1 to this Annex E. The Unsecured Exchange Notes will be issued pursuant to indentures (the “Unsecured Indentures”) that will have the terms set forth on Exhibit 2 to this Annex E. The Unsecured Bridge Loans, the Unsecured
Extended Term Loans and the Unsecured Exchange Notes shall be pari passu for all purposes.

  
 [Annex E-2] 

			
	Demand Failure Event:		Any failure to comply with the terms of a Backstop Bridge Takeout Notice (as defined in the Fee Letters) for any reason will be deemed to be a “Backstop Bridge Takeout Demand Failure Event” (as defined in the Fee
Letters) under the Unsecured Bridge Facility Documentation (as defined below).
		
	Interest Rate:		Until the earlier of (i) the Unsecured Bridge Maturity Date or (ii) the occurrence of a Backstop Bridge Takeout Demand Failure Event (such earlier date, the “Unsecured Conversion Date”), the Unsecured Bridge Loans
will bear interest at a floating rate, reset quarterly, as follows: (x) for the first 90 day period commencing on the Unsecured Bridge Closing Date, the Unsecured Bridge Loans will bear interest at a rate per annum equal to (A) with
respect to the Unsecured Dollar Bridge Facility, the reserve Adjusted Eurodollar Rate (subject to a reserve Adjusted Eurodollar Rate floor of 1.00% per annum), plus 575 basis points (collectively, the “Unsecured Bridge LIBOR Rate”)
and (B) with respect to the Unsecured Euro Bridge Facility, the Adjusted EURIBOR Rate (subject to an Adjusted EURIBOR Rate floor of 1.00% per annum), plus 575 basis points (collectively, the “Unsecured Bridge EURIBOR Rate”
and, together with the Unsecured Bridge LIBOR Rate, the “Unsecured Bridge Rate”) and (y) thereafter, interest on the Unsecured Bridge Loans will be payable at a floating per annum rate equal to the Unsecured Bridge Rate
during the prior 90 day period, in each case plus the Bridge Spread, reset at the beginning of each subsequent 90 day period. The “Bridge Spread” will initially be 50 basis points (commencing 90 days after the Unsecured Bridge
Closing Date) and will increase by an additional 50 basis points every 90 days thereafter. Notwithstanding the foregoing, at no time will the per annum interest rate on the Unsecured Bridge Loans exceed the Unsecured Cap (as defined in the Fee
Letters) then in effect (plus default interest, if any).
		
			From and after the Unsecured Conversion Date, the Unsecured Bridge Loans will bear interest at a fixed rate equal to the Unsecured Cap (plus default interest, if any).
		
			Prior to the Unsecured Conversion Date, interest will be payable at the end of each interest period. Accrued interest shall also be payable in arrears on the Unsecured Conversion Date and on the date of any prepayment of the
Unsecured Bridge Loans. From and after the Unsecured Conversion Date, interest will be payable quarterly in arrears and on the date of any prepayment of the Unsecured Bridge Loans.

  
 [Annex E-3] 

			
			As used herein, the term “reserve Adjusted Eurodollar Rate” will have the meaning customary and appropriate for financings of this type, and the basis for calculating accrued interest and the interest periods for
loans bearing interest at the reserve Adjusted Eurodollar Rate will be customary and appropriate for financings of this type.
		
			As used herein, the term “Adjusted EURIBOR” is the London interbank offered rate for Euro deposits for purposes of providing quotations of interest rates applicable to Euro deposits in the London interbank market,
and the basis for calculating accrued interest and the interest periods for loans bearing interest at the Adjusted EURIBOR Rate will be customary and appropriate for financings of this type.
		
			After the occurrence and during the continuance of an Event of Default, interest on all overdue amounts then outstanding will accrue at a rate equal to the applicable rate set forth above, plus an additional two percentage points
(2.00%) per annum and will be payable on demand.
		
	Amortization:		None.
		
	Funding Protection:		Customary for transactions of this type, including breakage costs, gross-up for withholding, compensation for increased costs and compliance with capital adequacy and other regulatory restrictions.
		
	Mandatory Prepayment:		Prior to the Unsecured Conversion Date and to the extent permitted by the credit agreement in connection with the Backstop Bank Facilities Documentation (the ‘Backstop Credit Agreement”), an amount equal to the
amount of the net cash proceeds to the Borrower, Parent or any subsidiary of Parent (including Target) from (a) any direct or indirect public offering or private placement of any debt or equity or equity-linked securities (other than issuances
pursuant to employee stock plans), (b) any future bank borrowings (except borrowings under the Backstop Credit Agreement and under ordinary course local credit lines) and (c) subject to certain ordinary course exceptions and reinvestment
rights, any future asset sales or receipt of casualty insurance proceeds will be used to repay the Unsecured Bridge Loans, as a result of an asset sale or receipt of insurance proceeds, in each case at 100% of the principal amount of the Unsecured
Bridge Loans prepaid plus accrued interest to the date of prepayment. Any proceeds from the sale of Unsecured Takeout Debt (as defined in the Fee Letters) funded or purchased by a Lender or one or more of its affiliates will be applied, first, to
refinance the Unsecured Bridge Loans held at that time by such Lender, and second, in accordance with the pro rata provisions otherwise applicable to prepayments. Except as set forth in the immediately preceding sentence, mandatory
prepayments of the Unsecured Bridge Loans shall be applied ratably among the outstanding Unsecured Bridge Loans.

  
 [Annex E-4] 

			
			Nothing in these mandatory prepayment provisions will restrict or prevent any holder of Unsecured Bridge Loans from exchanging Unsecured Bridge Loans for Unsecured Exchange Notes on or after the first anniversary of the Unsecured
Bridge Closing Date.
		
	Change of Control:		Upon the occurrence of a Change of Control (to be defined), subject to the Backstop Credit Agreement, the Borrower will be required to prepay in full all outstanding Unsecured Bridge Loans at par plus accrued interest to the date of
prepayment, plus with respect to any Unsecured Bridge Loans so prepaid on or after the Unsecured Conversion Date, a 1.0% prepayment premium. Prior to making any such prepayment, the Borrower will, within 30 days of the Change of Control, repay all
obligations under the Backstop Credit Agreement or obtain any required consent of the lenders under the Backstop Credit Agreement to make such prepayment of the Unsecured Bridge Loans. From and after the Unsecured Conversion Date, each holder of
Unsecured Bridge Loans may elect to accept or waive a prepayment such holder is otherwise entitled to receive pursuant to this paragraph.
		
	Voluntary Prepayment:		Prior to the Unsecured Conversion Date, Unsecured Bridge Loans may be prepaid, in whole or in part, at the option of the Borrower, at any time (except as provided below) without premium or penalty, upon five business days’
written notice, such prepayment to be made at par plus accrued interest.
		
			From and after the Unsecured Conversion Date and prior to the maturity thereof, Unsecured Bridge Loans may be prepaid, in whole or in part, at the option of the Borrower, at any time (except as provided below) upon 3 days’
prior written notice at par plus accrued interest to the date of repayment plus the Applicable Premium. The “Applicable Premium” will be (i) a make-whole premium based on the applicable treasury rate plus 50 basis points prior to
the third anniversary of the Unsecured Bridge Closing Date, (ii) one-half of the then-prevailing interest rate on the Unsecured Bridge Loans from and including the third anniversary of the Unsecured Bridge Closing Date to and including the
fourth anniversary of the Unsecured Bridge Closing Date and (iii) declining to one-quarter of the then-prevailing interest rate on the Unsecured Bridge Loans on the fourth anniversary of the Unsecured Bridge Closing Date and to zero on the
fifth anniversary of the Unsecured Bridge Closing Date.
		
	Security:		None.

  
 [Annex E-5] 

			
	Unsecured Bridge Facility		
	Documentation:		The Facility Documentation for the Unsecured Bridge Facility (the “Unsecured Bridge Facility Documentation”) shall be negotiated in good faith, shall contain the terms and conditions set forth in this Commitment
Letter, including Annex D and shall be based on the terms of (i) the Backstop Credit Agreement and (ii) the Indenture, dated as of January 30, 2015, among the Company, Parent, The Bank of New York Mellon Trust Company, N.A., as trustee, and the
Guarantors listed therein (the “Existing Indenture”), taking into account current market conditions and your and your subsidiaries’ operational and strategic requirements in light of your and your subsidiaries’ size,
industries, businesses and business practices, operations, financial accounting and projections (in each case, taking into account the consummation of the Acquisition), with customary changes to reflect the interim nature of the Unsecured Bridge
Facility (collectively, the “Unsecured Bridge Documentation Principles”). The Unsecured Bridge Facility Documentation shall contain only those payments, conditions to borrowing, mandatory prepayments, representations and warranties,
covenants and events of default expressly set forth in this Annex E, in each case applicable to Parent, the Borrower and their restricted subsidiaries and with standards, definitions, qualifications, thresholds, exceptions, “baskets”
and grace periods consistent with the Unsecured Bridge Documentation Principles.
		
	Representations and Warranties:		The Unsecured Bridge Facility Documentation will contain representations and warranties consistent with the Backstop Credit Agreement with changes as are usual and customary for financings of this kind, consistent with the Unsecured
Bridge Documentation Principles.
		
	Covenants:		The Unsecured Bridge Facility Documentation will contain the following covenants: (a) affirmative covenants consistent with the Backstop Credit Agreement with changes as are usual and customary for financings of this kind,
consistent with the Unsecured Bridge Documentation Principles; (b) incurrence-based negative covenants consistent with the Backstop Credit Agreement, with changes as are usual and customary for financings of this kind consistent with the Unsecured
Bridge Documentation Principles; provided that prior to the Unsecured Conversion Date, the restricted payments and debt incurrence covenants in the Unsecured Bridge Facility Documentation shall be more restrictive; provided further
that it shall be an Event of Default if the Acquisition is consummated pursuant to the Tender Offer and the Merger is not consummated within 1 business day after the Closing Date. There will not be any financial maintenance covenants in the
Unsecured Bridge Facility Documentation.

  
 [Annex E-6] 

			
			The Unsecured Bridge Facility Documentation will contain a covenant requiring the Borrower to comply with the terms of the Fee Letters, including any Backstop Bridge Take-out Notice (as defined in the Fee Letters) and any
cooperation required in connection therewith.
		
	Financial Covenant:		None.
		
	Events of Default:		The Unsecured Bridge Facility Documentation will contain such events of default as are consistent with the Backstop Credit Agreement with changes as are usual and customary for financings of this kind, consistent with the Unsecured
Bridge Documentation Principles.
		
	Conditions Precedent to		
	Borrowing:		The several obligations of the Lenders to make, or cause one of their respective affiliates to make, the Unsecured Bridge Loans will be subject to (i) the conditions precedent referred to in Section 2 of the Commitment Letter and
those listed on Annex F attached to the Commitment Letter and (ii) prior written notice of borrowing.
		
	Assignments and Participations:		Each of the Lenders may assign all or (subject to minimum assignment amount requirements) any part of its Unsecured Bridge Loans to its affiliates (other than natural persons) or one or more banks, financial institutions or other
entities that are “Eligible Assignees,” as defined in the Unsecured Bridge Facility Documentation, that are reasonably acceptable to the Unsecured Bridge Administrative Agent, such consent not to be unreasonably withheld or
delayed.
		
			Upon such assignment, such Eligible Assignee will become a Lender for all purposes under the Unsecured Bridge Facility Documentation; provided that assignments made to affiliates and other Lenders will not be subject to the
above described consent or any minimum assignment amount requirements. A $3,500 processing fee will be required in connection with any such assignment. The Lenders will also have the right to sell participations, subject to customary limitations on
voting rights, in their respective Unsecured Bridge Loans.
		
	Requisite Lenders:		Lenders holding at least a majority of total Unsecured Bridge Loans, with certain amendments requiring the consent of Lenders holding a greater percentage (or all) of the total Unsecured Bridge Loans.
		
	Taxes:		The Unsecured Bridge Facility Documentation will include tax gross-up, cost and yield protection provisions substantially similar to those provisions for tax gross-up, cost and yield protection contained in the Existing Credit
Agreement.

  
 [Annex E-7] 

			
	Indemnities:		The Unsecured Bridge Facility Documentation will provide customary and appropriate provisions relating to indemnity and related matters in a form reasonably satisfactory to the Unsecured Bridge Lead Arrangers, the Unsecured Bridge
Administrative Agent and the Lenders.
		
	Governing Law and Jurisdiction:		The Unsecured Bridge Facility Documentation will provide that the Borrower will submit to the exclusive jurisdiction and venue of the federal and state courts of the State of New York and will waive any right to trial by jury. New
York law will govern the Unsecured Bridge Facility Documentation.
		
	Counsel to the Bridge Lead		
	Arrangers and the Unsecured Bridge		
	Administrative Agent:		Cahill Gordon & Reindel LLP.

  
 [Annex E-8] 

 Exhibit 1 to Annex E 

Summary of Unsecured Extended Term Loans 

This Summary of Unsecured Extended Term Loans outlines certain terms of the Unsecured Extended Term Loans referred to in Annex E to the Commitment
Letter, of which this Exhibit 1 is a part. Capitalized terms used herein have the meanings assigned to them in Annex E to the Commitment Letter. 
  

			
	Maturity:		The Unsecured Extended Term Loans will mature on the date that is 8 years after the Unsecured Bridge Closing Date.
		
	Guarantees:		Same as the Unsecured Bridge Loans.
		
	Security:		None.
		
	Interest Rate:		The Unsecured Extended Term Loans will bear interest at a rate equal to the Unsecured Cap.
		
	Covenants, Defaults and		
	Mandatory Offers to Purchase:		Upon and after the Unsecured Conversion Date, the covenants, mandatory offers to purchase and defaults which would be applicable to the Unsecured Exchange Notes, if issued, will also be applicable to the Unsecured Extended Term
Loans in lieu of the corresponding provisions of the Unsecured Bridge Loans (except that any offer to repurchase upon the occurrence of a change of control will be made at 100% of the outstanding principal amount thereof, plus accrued and unpaid
interest to the date of repurchase).
		
	Optional Prepayment:		The Unsecured Extended Term Loans may be prepaid, in whole or in part, at par, plus accrued and unpaid interest upon not less than three days’ prior written notice, at the option of the Borrower at any time.

  
 [Exhibit 1 to
Annex E] 

 Exhibit 2 to Annex E 

Summary of Unsecured Exchange Notes 

This Summary of Unsecured Exchange Notes outlines certain terms of the Unsecured Exchange Notes referred to in Annex E to the Commitment Letter, of
which this Exhibit 2 is a part. Capitalized terms used herein have the meanings assigned to them in Annex E to the Commitment Letter. 

Unsecured Exchange Notes 
 At any
time on or after the Unsecured Conversion Date, upon not less than five business days’ prior notice, Unsecured Bridge Loans may, at the option of a Lender, be exchanged for a principal amount of Unsecured Exchange Notes equal to 100% of the
aggregate principal amount of the Unsecured Bridge Loans so exchanged. At a Lender’s option, Unsecured Exchange Notes will be issued directly to its broker-dealer affiliate or other third party designated by it, upon surrender by the Lender to
the Borrower of an equal principal amount of Unsecured Bridge Loans. No Unsecured Exchange Notes will be issued until the Borrower receives requests to issue at least $100.0 million in aggregate principal amount of Unsecured Exchange Notes. The
Borrower will appoint a trustee reasonably acceptable to the Lenders. 
  

			
	Final Maturity:		Same as Unsecured Extended Term Loans.
		
	Interest Rate:		Each Unsecured Exchange Note will bear interest at a fixed rate equal to the Unsecured Cap then in effect (plus default interest, if any). In each case, interest will be payable semiannually in arrears.
		
			Additional default interest on all amounts outstanding will accrue at the applicable rate plus two percentage points (2.00%) per annum.
		
	Guarantees and Security:		Same as Unsecured Bridge Facility.
		
	Optional Redemption:		The Unsecured Exchange Notes may be redeemed, in whole or in part, at the option of the Borrower, at any time (except as provided below) upon 3 days’ prior written notice at par plus accrued interest to the date of repayment
plus the Applicable Premium. The “Applicable Premium” will be with respect to Unsecured Exchange Notes issued in exchange for Unsecured Bridge Loans, (i) a make-whole premium based on the applicable treasury rate plus 50 basis
points prior to the third anniversary of the Unsecured Bridge Closing Date, (ii) one-half of the Unsecured Cap from and including the third anniversary of the Unsecured Bridge Closing Date to and including the fourth anniversary of the
Unsecured Bridge Closing Date and (iii) declining to one-quarter of the Unsecured Cap on the fourth anniversary of the Unsecured Bridge Closing Date and to zero on the fifth anniversary of the Unsecured Bridge Closing Date.
		
			In addition, prior to the third anniversary of the Unsecured Bridge Closing Date, up to 40% of the original principal amount of the Unsecured Exchange Notes may be redeemed from
the

  
 [Exhibit 2 to
Annex E] 

			
			proceeds of a qualifying equity offering by the Borrower at a redemption price equal to par plus the Unsecured Cap and accrued interest.
		
	Defeasance Provisions of		
	Exchange Notes:		Customary.
		
	Modification:		Customary.
		
	Change of Control:		Customary at 101%.
		
	Registration Rights:		None.
		
	Covenants:		The Unsecured Indentures will include covenants customary for privately placed high yield debt securities (consistent with the Unsecured Bridge Documentation Principles).
		
	Events of Default:		The Unsecured Indentures will provide for Events of Default customary for privately placed high yield debt securities (consistent with the Unsecured Bridge Documentation Principles).

  
 [Exhibit 2 to Annex E]

 Annex F 

Summary of Conditions Precedent to the Facilities 

This Summary of Conditions Precedent outlines the conditions precedent to the Facilities referred to in the Commitment Letter, of which this Annex F
is a part. Certain capitalized terms used herein are defined in the Commitment Letter. 
 The conditions to and the initial funding under the Facilities
shall consist of the following (together with any other conditions to funding expressly set forth in Section 2 of the Commitment Letter): 
  

	1.	The terms of the Acquisition Agreement will be reasonably satisfactory to the Arrangers. The Arrangers acknowledge that the Acquisition Agreement in the form delivered by Parent to the Arrangers at 4:18 A.M. on
February 21, 2015 is reasonably satisfactory to the Arrangers. No conditions precedent to the consummation of the Acquisition or other provision in the Acquisition Agreement shall have been waived, modified, supplemented or amended (and no
consent granted), in a manner materially adverse to the Arrangers or the Lenders in their capacities as Lenders, in each case without the consent of the Arrangers, not to be unreasonably withheld or delayed. Any change to the definition of
“Company Material Adverse Effect” in the Acquisition Agreement shall be deemed materially adverse to the Lenders and shall require the consent of the Arrangers, not to be unreasonably withheld or delayed. The Tender Offer shall be
consummated substantially concurrently with the initial borrowings under the Facilities in accordance, in all material respects, with the Offer Documents and the Acquisition Agreement. 

 

	2.	The Refinancing shall have occurred, or shall occur on the Closing Date substantially concurrently with the initial borrowings under the Facilities. 

 

	3.	Solely if the Specified Amendment is not obtained prior to the Amendment Date, the indebtedness under the Existing Credit Agreement shall have been refinanced or repaid substantially concurrently with the initial
borrowings under the Backstop Bank Facilities. 

  

	4.	The Arrangers shall have received (i) audited financial statements of Parent and Target for each of the three fiscal years immediately preceding the initial funding ended more than 90 days prior to the Closing
Date; (ii) unaudited financial statements of the Parent and the Target for any fiscal quarter ended after the date of the most recent audited financial statements of such person and more than 45 days (or, in the case of the Target, 40 days)
prior to the Closing Date; and (iii) customary pro forma financial statements, in each case meeting the requirements of Regulation S-X for a Form S-1 registration statement (other than Rules 3-09, 3-10 and 3-16 of Regulation S-X, Compensation
Discussion and Analysis or other information required by Item 402 of Regulation S-K under the Securities Act of 1933, as amended (the “Securities Act”), and the executive compensation and related person disclosure rules related
to SEC Release Nos. 33-8732A, 34-54302A and IC-2744A). 

  

	5.	All costs, fees, expenses (including, without limitation, reasonable and invoiced (at least two business days prior to the Closing Date) out-of-pocket legal fees and expenses, title premiums, survey charges and
recording taxes and fees) and other compensation contemplated by the Commitment Letter and the Fee Letters payable to the Commitment Parties, the Arrangers, the Bank Administrative Agent, the Incremental Bridge Administrative Agent, the Secured
Bridge Administrative Agent and/or the Unsecured Bridge Administrative Agent, as applicable, or the Lenders on the Closing Date shall have been paid to the extent due. 

  
 [Annex F-1] 

	6.	The Arrangers shall be satisfied that the Company and Parent have complied with the following closing conditions and delivered the following customary documentation relating to the Borrower and all of the Guarantors:
(i) the delivery of customary legal opinions, corporate records and documents from public officials, lien searches and officer’s certificates as to the Borrower and each of the Guarantors; (ii) evidence of authority; and
(iii) delivery of a solvency certificate from the chief financial officer of the Borrower in form and substance consistent with Exhibit F-2 of the Credit Agreement, as to the Borrower and the Guarantors on a consolidated basis. The Specified
Representations shall be true and correct in all material respects and the Specified Acquisition Agreement Representations shall be true and correct in all material respects to the extent set forth in Section 2 of the Commitment Letter.

  

	7.	The Arrangers will have received at least 5 days prior to the Closing Date all documentation and other information required by bank regulatory authorities under applicable “know-your-customer” and
anti-money laundering rules and regulations, including the Patriot Act, to the extent requested at least 10 days prior to the Closing Date. 

  

	8.	There shall have elapsed at least 20 consecutive calendar days prior to the Closing Date (the “Bond Marketing Period”) during which the Borrower shall have provided to the Arrangers a customary offering
memorandum containing all customary information, including financial statements, pro forma financial statements, business and other financial data of the type required in a registered offering of debt securities by Regulation S-X and Regulation S-K
under the Securities Act (other than Rules 3-09, 3-10 and 3-16 of Regulation S-X, Compensation Discussion and Analysis or other information required by Item 402 of Regulation S-K under the Securities Act and the executive compensation and
related person disclosure rules related to SEC Release Nos. 33-8732A, 34-54302A and IC-2744A and subject to exceptions customary for private placements pursuant to Rule 144A promulgated under the Securities Act) or that would be necessary for the
Arrangers to receive customary (for high yield debt securities) “comfort” (including “negative assurance” comfort) from independent accountants in connection with the offering of the Notes, and, in the case of the annual
financial statements, the auditors’ reports thereon; provided that July 3, 2015 shall not be considered a calendar day; provided, further, that the Bond Marketing Period shall not commence prior the earlier of the date
of the effectiveness of the Specified Amendment and the Amendment Date (the “Specified Amendment Effective Date”). 

  

	9.	The Arrangers shall have received the Confidential Information Memorandum from the Borrower not later than 20 consecutive calendar days prior to the Closing Date (the “Bank Marketing Period”);
provided that July 3, 2015 shall not be considered a calendar day; provided, further that the Bank Marketing Period shall not commence prior to the earlier of the Specified Amendment Effective Date and the Amendment Date.

  

	10.	Except as set forth in (i) any Company SEC Documents (as defined in the Acquisition Agreement) filed or furnished on or after January 1, 2014 and publicly available prior to the date of the Acquisition
Agreement (other than any disclosures set forth in any risk factor section, any disclosures in any section relating to forward-looking statements and any other disclosures included to the extent they are primarily predictive or forward-looking in
nature, it being understood and agreed that any factual information included in any risk factors section or section relating to forward-looking statements shall not be excluded) or (ii) the Company Disclosure Schedule (as defined in the
Acquisition Agreement), since December 31, 2013, there has not occurred any change, event, development, condition, occurrence or effect that, individually or in the aggregate, has had or would reasonably be expected to have a Company Material
Adverse Effect (as defined in the Acquisition Agreement). 

  
 [Annex F-2]

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