Document:

EX-10.01

 Exhibit 10.01 

$600,000,000 
 CREDIT AGREEMENT

 dated as of 
 November 29,
2013 
 among 
 MARTIN MARIETTA
MATERIALS, INC., 
 The LENDERS Listed Herein, 

JPMORGAN CHASE BANK, N.A., 
 as
Administrative Agent, 
 and 

WELLS FARGO BANK, N.A., 
 BRANCH
BANKING AND TRUST COMPANY 
 and 

SUNTRUST BANK, 
 as Co-Syndication
Agents 
  
  

J.P. MORGAN SECURITIES LLC, 
 WELLS
FARGO SECURITIES, LLC, 
 BB&T CAPITAL MARKETS, 

SUNTRUST ROBINSON HUMPHREY, INC., 

and 
 DEUTSCHE BANK SECURITIES INC.,

 Joint Lead Arrangers and Joint Bookrunners 

 TABLE OF CONTENTS 

 
  

 

							
	 	 	 	  	PAGE	 
	
	ARTICLE 1	  
	DEFINITIONS	  
			
	 Section 1.01.
	 	 Definitions
	  	 	1	  
	 Section 1.02.
	 	 Accounting Terms and Determinations
	  	 	18	  
	 Section 1.03.
	 	 Types and Classes of Borrowings
	  	 	19	  
	
	ARTICLE 2	  
	THE LOANS	  
			
	 Section 2.01.
	 	 Commitments to Lend
	  	 	19	  
	 Section 2.02.
	 	 Notice of Committed Borrowing
	  	 	20	  
	 Section 2.03.
	 	 Competitive Bid Borrowings
	  	 	20	  
	 Section 2.04.
	 	 Notice to Lenders; Funding of Loans
	  	 	24	  
	 Section 2.05.
	 	 Registry; Notes
	  	 	25	  
	 Section 2.06.
	 	 Maturity of Loans; Amortization
	  	 	26	  
	 Section 2.07.
	 	 Interest Rates
	  	 	26	  
	 Section 2.08.
	 	 Mandatory Termination of Commitments
	  	 	28	  
	 Section 2.09.
	 	 Optional Prepayments
	  	 	29	  
	 Section 2.10.
	 	 General Provisions as to Payments
	  	 	29	  
	 Section 2.11.
	 	 Fees
	  	 	30	  
	 Section 2.12.
	 	 Reduction or Termination of Revolving Commitments
	  	 	31	  
	 Section 2.13.
	 	 Method of Electing Interest Rates
	  	 	31	  
	 Section 2.14.
	 	 Funding Losses
	  	 	32	  
	 Section 2.15.
	 	 Computation of Interest and Fees
	  	 	33	  
	 Section 2.16.
	 	 Letters of Credit
	  	 	33	  
	 Section 2.17.
	 	 Defaulting Lenders
	  	 	38	  
	 Section 2.18.
	 	 Reverse Dutch Auction Repurchases
	  	 	40	  
	 Section 2.19.
	 	 Open Market Purchases
	  	 	42	  
	
	ARTICLE 3	  
	CONDITIONS	  
			
	 Section 3.01.
	 	 Effectiveness
	  	 	43	  
	 Section 3.02.
	 	 Borrowings and Issuances of Letters of Credit
	  	 	44	  
	
	ARTICLE 4	  
	REPRESENTATIONS AND WARRANTIES	  
			
	 Section 4.01.
	 	 Corporate Existence and Power
	  	 	45	  
	 Section 4.02.
	 	 Corporate Authorization; No Contravention
	  	 	45	  
	 Section 4.03.
	 	 Binding Effect
	  	 	46	  
	 Section 4.04.
	 	 Financial Information
	  	 	46	  

							
	 Section 4.05.
	 	 Litigation
	  	 	46	  
	 Section 4.06.
	 	 Taxes
	  	 	46	  
	 Section 4.07.
	 	 Margin Regulations
	  	 	47	  
	 Section 4.08.
	 	 Compliance with Laws
	  	 	47	  
	 Section 4.09.
	 	 Governmental Approvals
	  	 	47	  
	 Section 4.10.
	 	 Pari Passu Obligations
	  	 	47	  
	 Section 4.11.
	 	 No Defaults
	  	 	47	  
	 Section 4.12.
	 	 Full Disclosure
	  	 	47	  
	 Section 4.13.
	 	 ERISA
	  	 	48	  
	 Section 4.14.
	 	 Environmental Matters
	  	 	48	  
	 Section 4.15.
	 	 Regulatory Restrictions on Borrowing
	  	 	48	  
	 Section 4.16.
	 	 Legal Status
	  	 	48	  
	
	ARTICLE 5	  
	COVENANTS	  
			
	 Section 5.01.
	 	 Information
	  	 	49	  
	 Section 5.02.
	 	 Payment of Obligations
	  	 	50	  
	 Section 5.03.
	 	 Insurance
	  	 	51	  
	 Section 5.04.
	 	 Maintenance of Existence
	  	 	51	  
	 Section 5.05.
	 	 Maintenance of Properties
	  	 	51	  
	 Section 5.06.
	 	 Compliance with Laws
	  	 	51	  
	 Section 5.07.
	 	 Mergers, Consolidations and Sales of Assets
	  	 	52	  
	 Section 5.08.
	 	 Negative Pledge
	  	 	52	  
	 Section 5.09.
	 	 Leverage Ratio
	  	 	55	  
	 Section 5.10.
	 	 Use of Loans
	  	 	56	  
	 Section 5.11.
	 	 Investments
	  	 	56	  
	 Section 5.12.
	 	 Transactions with Affiliates
	  	 	57	  
	
	ARTICLE 6	  
	DEFAULTS	  
			
	 Section 6.01.
	 	 Event of Default
	  	 	57	  
	 Section 6.02.
	 	 Cash Cover
	  	 	60	  
	
	ARTICLE 7	  
	THE ADMINISTRATIVE AGENT	  
			
	 Section 7.01.
	 	 Appointment and Authorization
	  	 	60	  
	 Section 7.02.
	 	 Administrative Agent and Affiliates
	  	 	60	  
	 Section 7.03.
	 	 Action by Administrative Agent
	  	 	60	  
	 Section 7.04.
	 	 Consultation with Experts
	  	 	61	  
	 Section 7.05.
	 	 Liability of Administrative Agent
	  	 	61	  
	 Section 7.06.
	 	 Indemnification
	  	 	61	  
	 Section 7.07.
	 	 Credit Decision
	  	 	61	  
	 Section 7.08.
	 	 Successor Administrative Agents
	  	 	62	  

  
 ii 

							
	 Section 7.09.
	 	 Administrative Agent’s Fees
	  	 	62	  
	 Section 7.10.
	 	 Other Agents
	  	 	62	  
	
	ARTICLE 8	  
	CHANGE IN CIRCUMSTANCES	  
			
	 Section 8.01.
	 	 Increased Cost and Reduced Return; Capital Adequacy
	  	 	62	  
	 Section 8.02.
	 	 Substitute Rate
	  	 	64	  
	 Section 8.03.
	 	 Illegality
	  	 	64	  
	 Section 8.04.
	 	 Taxes on Payments
	  	 	65	  
	
	ARTICLE 9	  
	MISCELLANEOUS	  
			
	 Section 9.01.
	 	 Termination of Participation of a Lender; New Lenders
	  	 	69	  
	 Section 9.02.
	 	 Notices
	  	 	70	  
	 Section 9.03.
	 	 No Waivers
	  	 	71	  
	 Section 9.04.
	 	 Expenses; Indemnification
	  	 	71	  
	 Section 9.05.
	 	 Pro Rata Treatment
	  	 	72	  
	 Section 9.06.
	 	 Sharing of Set-offs
	  	 	72	  
	 Section 9.07.
	 	 Amendments and Waivers
	  	 	72	  
	 Section 9.08.
	 	 Successors and Assigns; Participations; Novation
	  	 	74	  
	 Section 9.09.
	 	 Visitation
	  	 	77	  
	 Section 9.10.
	 	 Collateral
	  	 	78	  
	 Section 9.11.
	 	 Reference Banks
	  	 	78	  
	 Section 9.12.
	 	 Governing Law; Submission to Jurisdiction
	  	 	78	  
	 Section 9.13.
	 	 Counterparts; Integration
	  	 	78	  
	 Section 9.14.
	 	 WAIVER OF JURY TRIAL
	  	 	78	  
	 Section 9.15.
	 	 Confidentiality
	  	 	78	  
	 Section 9.16.
	 	 USA Patriot Act
	  	 	79	  

  
 iii 

 COMMITMENT SCHEDULE 
  

					
	SCHEDULE I	  	–	  	Pricing Schedule
	SCHEDULE II	  	–	  	Commitment Schedule
	SCHEDULE III	  	–	  	Existing Letters of Credit
	SCHEDULE 5.11(c)	  	–	  	Investments
	SCHEDULE 5.11(d)	  	–	  	Related Businesses
			
	EXHIBIT A-1	  	–	  	Term Note
	EXHIBIT A-2	  	–	  	Revolving Credit Note
	EXHIBIT B	  	–	  	Competitive Bid Quote Request
	EXHIBIT C	  	–	  	Invitation for Competitive Bid Quotes
	EXHIBIT D	  	–	  	Competitive Bid Quote
	EXHIBIT E	  	–	  	Assignment and Assumption Agreement
	EXHIBIT F	  	–	  	Compliance Certificate
	EXHIBIT G	  		  	Exemption Certificate

  
 iv 

 CREDIT AGREEMENT 

CREDIT AGREEMENT dated as of November 29, 2013 among MARTIN MARIETTA MATERIALS, INC., the LENDERS listed on the signature pages hereof
and JPMORGAN CHASE BANK, N.A., as Administrative Agent, and WELLS FARGO BANK, N.A., BRANCH BANKING AND TRUST COMPANY and SUNTRUST BANK, as Co-Syndication Agents. 

The parties hereto agree as follows: 

ARTICLE 1 

DEFINITIONS 

Section 1.01. Definitions. The following terms, as used herein and in any Exhibit or Schedule hereto, have the following meanings:

 “Absolute Rate Auction” means a solicitation of Competitive Bid Quotes setting forth Competitive Bid Absolute Rates
pursuant to Section 2.03. 
 “Accepting Lender” has the meaning set forth in Section 9.07(f). 

“Additional Lender” means any Person not theretofore a Lender that becomes a party to this Agreement pursuant to an amendment
as contemplated by Section 9.07(d) or Section 9.07(e). 
 “Administrative Agent” means JPMorgan Chase Bank, N.A., in
its capacity as administrative agent for the Lenders hereunder, and its successors in such capacity. 
 “Administrative
Questionnaire” means, with respect to each Lender, an administrative questionnaire in the form prepared by the Administrative Agent and submitted to the Administrative Agent with a copy to the Borrower duly completed by such Lender. 

“Affiliate” means (i) any Person that directly, or indirectly through one or more intermediaries, controls the Borrower
(a “Controlling Person”) or (ii) any Person (other than the Borrower or a Subsidiary) which is controlled by or is under common control with a Controlling Person. As used herein, the term “control” means possession,
directly or indirectly, of the power to vote 10% or more of any class of voting securities of a Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or
otherwise. 
 “Agents” means the Administrative Agent and the Co-Syndication Agents. 

“Agreement” means this Credit Agreement as it may be amended from time to time. 

 “Applicable Base Rate Margin” means (i) in respect of Revolving Loans, the
Base Rate Margin determined in accordance with the Pricing Schedule under “Revolving Loans” and (ii) in respect of Term Loans, the Base Rate Margin determined in accordance with the Pricing Schedule under “Term Loans”. 

“Applicable Euro-Dollar Margin” means (i) in respect of Revolving Loans, the Euro-Dollar Margin determined in accordance
with the Pricing Schedule under “Revolving Loans” and (ii) in respect of Term Loans, the Euro-Dollar Margin determined in accordance with the Pricing Schedule under “Term Loans”. 

“Applicable Lending Office” means, with respect to any Lender, (i) in the case of its Base Rate Loans, its Domestic
Lending Office, (ii) in the case of its Euro-Dollar Loans, its Euro-Dollar Lending Office and (iii) in the case of its Competitive Bid Loans, its Competitive Bid Lending Office. 

“Applicable Percentage” means, for any Revolving Lender and at any time, the percentage of the Total Revolving Commitments
represented by such Lender’s Revolving Commitment; provided that (i) for purposes of Section 2.17, if at any time a Defaulting Lender shall exist, “Applicable Percentage” shall mean, for any Non-Defaulting Lender at such time, the percentage of the Total Revolving Commitments (disregarding any Defaulting Lender’s Revolving Commitment) represented by such Lender’s Revolving Commitment and
(ii) for purposes of Section 2.16, the “Applicable Percentage” of any Revolving Lender with respect to any Letter of Credit Liabilities shall be adjusted to give effect to any reallocations thereof pursuant to
Section 2.17. If the Revolving Commitments have been terminated in full or have expired, the Applicable Percentages shall be determined based upon the Revolving Commitments in effect immediately prior to such termination or expiration, giving
effect to any assignments and to any Lender’s status as a Defaulting Lender at the time of determination. 

“Assignee” has the meaning set forth in Section 9.08(c). 

“Assignment and Assumption Agreement” means an agreement, substantially in the form of Exhibit E hereto, under which
an interest of a Lender hereunder is transferred to an Assignee pursuant to Section 9.08(c) hereof. 
 “Auction” has
the meaning set forth in Section 2.18(a). 
 “Auction Manager” has the meaning set forth in Section 2.18(a). 

“Auction Procedures” means procedures for the conduct of any Auction as mutually determined by the Borrower and the Auction
Manager and consented to by the Administrative Agent (such consent not to be unreasonably withheld). 

  
 2 

 “Bankruptcy Event” means, with respect to any Person, such Person becomes the
subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee, administrator, custodian, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its business appointed
for it, provided that a Bankruptcy Event shall not result solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person by a Governmental Authority or instrumentality thereof, provided,
further, that such ownership interest does not result in or provide such Person with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Person
(or such Governmental Authority or instrumentality) to reject, repudiate, disavow or disaffirm any contracts or agreements made by such Person. 

“Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day,
(b) the Federal Funds Rate in effect on such day plus  1⁄2 of 1% and (c) the London Interbank Offered Rate for a one month Interest Period on such
day (or if such day is not a Euro-Dollar Business Day, the immediately preceding Euro-Dollar Business Day) plus 1%, provided that for the avoidance of doubt, such London Interbank Offered Rate for any day shall be based on the rate appearing
on the Reuters BBA Libor Rates Page 3750 (or on any successor or substitute page of such page) at approximately 11:00 A.M., London time, on such day. Any change in the Base Rate due to a change in the Prime Rate or the Federal Funds Rate shall be
effective from and including the effective date of such change in the Prime Rate or the Federal Funds Rate, respectively. 
 “Base
Rate Loan” means a Committed Loan which bears interest at the Base Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or the provisions of Section 2.16(c)(ii) or Article 8. 

“Borrower” means Martin Marietta Materials, Inc., a North Carolina corporation. 

“Borrower’s Securitization Facility” means, collectively, (i) the Account Purchase Agreement, dated as of
April 21, 2009, by and between Wells Fargo Banks, National Association, acting through its Wells Fargo Business Credit operating division, and the Borrower, as amended, restated, supplemented or modified from time to time, (ii) the Credit
and Security Agreement, dated as of April 19, 2013, by and between Martin Marietta Funding LLC, the Borrower and SunTrust Bank, as amended, restated, supplemented or modified from time to time and (iii) any other accounts receivable based
revolving facility under which financing is provided to the Borrower or any of its Subsidiaries. 
 “Borrowing” has the
meaning set forth in Section 1.03. 

  
 3 

 “Cash Collateralize” means to pledge and deposit with or deliver to the
Administrative Agent, for the benefit of the Lenders, as collateral for the Letter of Credit Liabilities, cash or deposit account balances pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent and the
Issuing Lenders. Such cash and deposit account balances are referred to herein, collectively, as the “Cash Collateral”. The Borrower hereby grants to the Administrative Agent, for the benefit of the Lenders, a security interest in
all such cash, deposit accounts and all balances therein and all proceeds of the foregoing. Cash Collateral shall be maintained in blocked, interest bearing deposit accounts with the Administrative Agent. 

“Change in Law” means, for purposes of Section 8.01 and Section 8.03, the adoption of any applicable law, rule or
regulation (including any new or additional regulations issued under, or implementing, any existing law to the extent of any new or additional requirements thereunder), or any change therein, or any change in the interpretation or administration
thereof by any Governmental Authority charged with the interpretation or administration thereof, or compliance by any Lender with any request or directive (whether or not having the force of law) of any such authority, central bank or comparable
agency; provided, however, that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in
connection therewith and (y) all requests, rules, guidelines or directives concerning capital adequacy promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or
United States regulatory authorities, in each cash pursuant to Basel III, shall be deemed to be a “Change in Law”, regardless of the date enacted, adopted or issued. 

“Class”, when used in reference to any Loan or Borrowing, refers to whether such Loan or the Loans comprising such Borrowing,
are Term Loans, Revolving Loans or Competitive Bid Loans, and when used in reference to any Credit Exposure, refers to whether such Credit Exposure is Revolving Credit Exposure or Term Exposure. 

“Commitment” means a Revolving Commitment or a Term Commitment. 

“Commitment Schedule” means the Commitment Schedule attached hereto. 

“Committed Loan” means a loan made by a Lender pursuant to Section 2.01; provided that, if any such loan or loans
(or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term Committed Loan shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts
resulting from such subdivision, as the case may be. 

  
 4 

 “Competitive Bid Absolute Rate” has the meaning set forth in Section
2.03(d)(ii)(D). 
 “Competitive Bid Absolute Rate Loan” means a loan to be made by a Lender pursuant to an Absolute Rate
Auction. 
 “Competitive Bid Lending Office” means, as to each Lender, its Domestic Lending Office or such other office,
branch or affiliate of such Lender as it may hereafter designate as its Competitive Bid Lending Office by notice to the Borrower and the Administrative Agent; provided that any Lender may from time to time by notice to the Borrower and the
Administrative Agent designate separate Competitive Bid Lending Offices for its Competitive Bid LIBOR Loans, on the one hand, and its Competitive Bid Absolute Rate Loans, on the other hand, in which case all references herein to the Competitive Bid
Lending Office of such Lender shall be deemed to refer to either or both of such offices, as the context may require. 

“Competitive Bid LIBOR Loan” means a loan to be made by a Lender pursuant to a LIBOR Auction (including such a loan bearing
interest at the Base Rate pursuant to Section 8.03). 
 “Competitive Bid Loan” means a Competitive Bid LIBOR Loan or a
Competitive Bid Absolute Rate Loan. 
 “Competitive Bid Margin” has the meaning set forth in Section 2.03(d)(ii)(C). 

“Competitive Bid Quote” means an offer by a Lender, in substantially the form of Exhibit D hereto, to make a
Competitive Bid Loan in accordance with Section 2.03. 
 “Competitive Bid Quote Request” means the notice, in substantially
the form of Exhibit B hereto, to be delivered by the Borrower in accordance with Section 2.03 in requesting Competitive Bid Quotes. 

“Consolidated Debt” means at any date the Debt of the Borrower and its Consolidated Subsidiaries (including, whether or not
included as indebtedness of the Borrower or its Consolidated Subsidiaries under GAAP, the principal amounts outstanding under the Borrower’s Securitization Facility), determined on a consolidated basis as of such date; provided that at
any date on which there are no Revolving Loans outstanding and no principal amounts are outstanding under the Borrower’s Securitization Facility, Consolidated Debt shall be reduced in an amount equal to the lesser of (a) $200,000,000 and
(b) the excess of (i) of the unrestricted cash and Temporary Cash Investments of the Borrower and its Consolidated Subsidiaries over (ii) $50,000,000. 

  
 5 

 “Consolidated EBITDA” means, for any period, net income (or net loss) (before
discontinued operations) plus the sum of (a) consolidated interest expense, (b) income tax expense, (c) depreciation expense, (d) amortization expense, (e) depletion expense, (f) stock based compensation expense and
(g) any non-cash losses or expenses from any unusual, extraordinary or otherwise non-recurring items as reasonably determined by the Borrower, and minus (x) consolidated interest income and (y) the sum of the amounts for such period
of any income tax benefits and any income or gains from any unusual, extraordinary or otherwise non-recurring items as reasonably determined by the Borrower, in each case determined on a consolidated basis for the Borrower and its Subsidiaries in
accordance with GAAP and in the case of items (a) through (g) and items (x) and (y), to the extent such amounts were included in the calculation of net income. For the purpose of calculating Consolidated EBITDA for any period, if
during such period the Borrower or any Subsidiary shall have made an acquisition or a disposition, Consolidated EBITDA for such period shall be calculated after giving pro forma effect thereto as if such acquisition or disposition, as the case may
be, occurred on the first day of such period. 
 “Consolidated Net Worth” means at any date the consolidated
shareholders’ equity of the Borrower and its Consolidated Subsidiaries which would be reported on the consolidated balance sheet of the Borrower as total shareholders’ equity, determined as of such date. 

“Consolidated Subsidiary” means at any date any Subsidiary or other entity the accounts of which would be consolidated with
the Borrower in its consolidated financial statements if such statements were prepared as of such date. 
 “Co-Syndication
Agents” means Wells Fargo Bank, N.A., Branch Banking and Trust Company and SunTrust Bank, and “Co-Syndication Agent” means any of them, in their capacity as co-syndication agents in respect of this Agreement. 

“Credit Exposure” means, with respect to any Lender at any time, its Revolving Credit Exposure or Term Exposure or both, as
the context may require. 
 “Credit Party” means the Administrative Agent or any Issuing Lender. 

“Debt” of any Person means at any date, without duplication, (i) all obligations of such Person for borrowed money,
(ii) all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, (iii) all obligations of such Person to pay the deferred purchase price of property, except trade accounts payable arising in the
ordinary course of business, (iv) all obligations of such Person as lessee which are capitalized in accordance with generally accepted accounting principles as in effect as of the date hereof, (v) all non-contingent obligations of such
Person to reimburse any bank or other Person 

  
 6 

 
in respect of amounts paid under a letter of credit, banker’s acceptance, bank guarantee or similar instrument which remain unpaid for two Domestic Business Days, (vi) all Debt secured
by a Lien on any asset of such Person, whether or not such Debt is otherwise an obligation of such Person, provided that the amount of any such Debt which is not otherwise an obligation of such Person shall be deemed not to exceed the fair
market value of such asset and (vii) all Debt of others guaranteed by such Person. 
 “Default” means any condition or
event which constitutes an Event of Default or which with the giving of notice or lapse of time or both would, unless cured or waived, become an Event of Default. 

“Defaulting Lender” means any Lender that (a) has failed, within two Domestic Business Days of the date required to be
funded or paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or (iii) pay over to any Credit Party any other amount required to be paid by it hereunder, unless, in the case of
clause (i) above, such Lender notifies the Administrative Agent in writing that such failure is the result of such Lender’s good faith determination that a condition precedent to funding (specifically identified and including the
particular default, if any) such Loan has not been satisfied, (b) has notified the Borrower or any Credit Party in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of its funding
obligations under this Agreement (unless, in the case of any Loan, such writing or public statement indicates that such position is based on such Lender’s good faith determination that a condition precedent (specifically identified and
including the particular default, if any) to funding such Loan under this Agreement cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Domestic Business Days after request
by a Credit Party, acting in good faith, to provide a certification in writing from an authorized officer of such Lender that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective Loans and
participations in then outstanding Letters of Credit under this Agreement, provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon such Credit Party’s receipt of such certification in form
and substance satisfactory to it and the Administrative Agent, or (d) has become (as has a Parent that has become) the subject of a Bankruptcy Event. 

“Derivatives Obligations” of any Person means all obligations of such Person in respect of any Derivatives Transactions. 

“Derivatives Transaction” means any rate swap transaction, basis swap, forward rate transaction, commodity swap, commodity
option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap
transaction, currency option 

  
 7 

 
or any other similar transaction (including any option with respect to any of the foregoing transactions) or any combination of the foregoing transactions. 

“Dollars” or “$” means lawful currency of the United States. 

“Domestic Business Day” means any day except a Saturday, Sunday or other day on which commercial banks in New York City are
authorized by law to close. 
 “Domestic Lending Office” means, as to each Lender, its office located at its address set
forth in its Administrative Questionnaire (or identified in its Administrative Questionnaire as its Domestic Lending Office) or such other office as such Lender may hereafter designate as its Domestic Lending Office by notice to the Borrower and the
Administrative Agent. 
 “Effective Date” means the date on which the conditions precedent set forth in Section 3.01
shall have been satisfied. 
 “Eligible Institution” means any bank or other Person other than (i) a natural Person or
(ii) a Defaulting Lender, provided that, subject to Section 2.18 and Section 2.19, neither the Borrower nor any of its Subsidiaries or Affiliates may be an Eligible Institution. 

“Environmental Laws” means any and all applicable federal, state and local statutes, regulations, ordinances, rules,
administrative orders, consent decrees, permits, concessions, grants, franchises, licenses, agreements or other governmental restrictions relating to the environment or to emissions, discharges or releases of pollutants, contaminants, hazardous
substances, or hazardous wastes into the environment including, without limitation, ambient air, surface water, ground water, or land, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport
or handling of pollutants, contaminants, hazardous substances, or hazardous wastes. 
 “ERISA” means the Employee
Retirement Income Security Act of 1974, as amended, or any successor statute. 
 “ERISA Group” means the Borrower and all
members of a controlled group of corporations and all trades or businesses (whether or not incorporated) under common control that, together with the Borrower, are treated as a single employer under Section 4001(a)(14) of ERISA. 

“Euro-Dollar Business Day” means any Domestic Business Day on which commercial banks are open for international business
(including dealings in dollar deposits) in London. 
 “Euro-Dollar Lending Office” means, as to each Lender, its office,
branch or affiliate located at its address set forth in its Administrative 

  
 8 

 
Questionnaire (or identified in its Administrative Questionnaire as its Euro-Dollar Lending Office) or such other office, branch or affiliate of such Lender as it may hereafter designate as its
Euro-Dollar Lending Office by notice to the Borrower and the Administrative Agent. 
 “Euro-Dollar Loan” means any
Committed Loan in respect of which interest is computed on the basis of a Euro-Dollar Rate. 
 “Euro-Dollar Rate” means a
rate of interest determined pursuant to Section 2.07(b) on the basis of a London Interbank Offered Rate. 
 “Event of
Default” has the meaning set forth in Section 6.01. 
 “Exchange Act” means the Securities Exchange Act of 1934,
as amended. 
 “Existing Credit Facility” means the Credit Agreement dated as of March 31, 2011 among the Borrower,
the banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent for such banks, as amended and/or restated prior to the Effective Date. 

“FATCA” means Sections 1471 through 1474 of the Internal Revenue Code, as of the date of this Agreement (or any amended
version or successor provision that is substantively comparable and not materially more onerous to comply with), and any regulations promulgated thereunder or official administrative interpretations thereof and any agreements entered into pursuant
to Section 1471(b)(1) of the Internal Revenue Code. 
 “Federal Funds Rate” means, for any day, the rate per annum
(rounded upward, if necessary, to the nearest 1/100th of 1%) equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by
the Federal Reserve Bank of New York on the Domestic Business Day next succeeding such day, provided that (i) if such day is not a Domestic Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the
next preceding Domestic Business Day as so published on the next succeeding Domestic Business Day, and (ii) if no such rate is so published on such next succeeding Domestic Business Day, the Federal Funds Rate for such day shall be the average
rate quoted to the Administrative Agent on such day on such transactions as determined by the Administrative Agent. 
 “Fixed Rate
Loans” means Euro-Dollar Loans or Competitive Bid Loans (excluding Competitive Bid LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.02 or 8.03) or both. 

“Governmental Authority” means any nation or government, any state or other political subdivision thereof, any central bank
(or similar monetary or regulatory authority) thereof, any entity exercising executive, legislative, judicial, 

  
 9 

 
regulatory or administrative functions of or pertaining to government and any corporation or other entity owned or controlled, through stock or capital ownership or otherwise, by any of the
foregoing. 
 “Group of Loans” means at any time a group of Loans consisting of (i) all Committed Loans of the same
Class which are Base Rate Loans at such time or (ii) all Euro-Dollar Loans of the same Class having the same Interest Period at such time, provided that, if a Committed Loan of any particular Lender is converted to or made as a Base Rate
Loan pursuant to Article 8, such Loan shall be included in the same Group or Groups of Loans from time to time as it would have been in if it had not been so converted or made. 

“Indemnified Taxes” has the meaning set forth in Section 8.04. 

“Interest Period” means: 

(1) with respect to each Euro-Dollar Loan, the period commencing on the date of borrowing specified in the applicable Notice of
Borrowing or on the date specified in the applicable Notice of Interest Rate Election and ending one, two, three or six months thereafter, as the Borrower may elect in the applicable notice; provided that: 

(a) any Interest Period which would otherwise end on a day which is not a Euro-Dollar Business Day shall be extended to the
next succeeding Euro-Dollar Business Day unless such Euro-Dollar Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Euro-Dollar Business Day; and 

(b) any Interest Period which begins on the last Euro-Dollar Business Day of a calendar month (or on a day for which there is
no numerically corresponding day in the calendar month at the end of such Interest Period) shall, subject to the further proviso below, end on the last Euro-Dollar Business Day of a calendar month; 

(2) with respect to each Competitive Bid LIBOR Loan, the period commencing on the date of borrowing specified in the applicable
Notice of Borrowing and ending such whole number of months thereafter as the Borrower may elect in accordance with Section 2.03; provided that: 

(a) any Interest Period which would otherwise end on a day which is not a Euro-Dollar Business Day shall be extended to the
next succeeding Euro-Dollar Business Day unless such Euro-Dollar Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Euro-Dollar Business Day; and 

  
 10 

 (b) any Interest Period which begins on the last Euro-Dollar Business Day of a
calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall, subject to the further proviso below, end on the last Euro-Dollar Business Day of a calendar month; 

(3) with respect to each Competitive Bid Absolute Rate Loan, the period commencing on the date of borrowing specified in the
applicable Notice of Borrowing and ending such number of days thereafter (but not less than seven days) as the Borrower may elect in accordance with Section 2.03; provided that any Interest Period which would otherwise end on a day which
is not a Euro-Dollar Business Day shall be extended to the next succeeding Euro-Dollar Business Day; and 
 provided further that any Interest Period
which would otherwise end after the Termination Date shall end on the Termination Date. 
 “Internal Revenue Code” means
the Internal Revenue Code of 1986, as amended, or any successor statute. 
 “Investment” means any investment in any
Person, whether by means of (a) the purchase or other acquisition of capital stock or other securities of such Person, or (b) a loan, advance or capital contribution to, guarantee or assumption of debt of, or purchase or other acquisition
of any other debt or equity participation or interest in, such Person. 
 “Invitation for Competitive Bid Quotes” means the
notice substantially in the form of Exhibit C hereto to the Lenders in connection with the solicitation by the Borrower of Competitive Bid Quotes. 

“Issuing Lender” means JPMorgan Chase Bank, N.A. and any other Lender that may agree to issue letters of credit hereunder
(subject, at the option of such other Lender, to a sublimit to be mutually agreed upon by such Lender and the Borrower) pursuant to an instrument in form satisfactory to the Borrower, such Lender and the Administrative Agent, in each case in its
capacity as issuer of a Letter of Credit hereunder. An Issuing Lender may, in its discretion, arrange for one or more Letters of Credit to be issued by affiliates of such Issuing Lender, in which case the term “Issuing Lender” shall
include any such affiliate with respect to Letters of Credit issued by such affiliate. 
 “Johnson County Letter of Credit”
means the Borrower’s existing letter of credit issued for the benefit of Johnson County, Kansas and any replacements thereof. 

“Lender” means (i) each Person listed as a Lender on the signature pages hereof, (ii) each Additional Lender or
Assignee that becomes a Lender pursuant to 

  
 11 

 
Section 9.07(d) or Section 9.08(c) and (iii) their respective successors. Unless the context otherwise requires, each reference to a Lender or a Revolving Lender shall include each
Issuing Lender. 
 “Letter of Credit” means a letter of credit to be issued hereunder by the Issuing Lender in accordance
with Section 2.16 and any existing letters of credit listed on Schedule III. 
 “Letter of Credit Liabilities” means,
for any Revolving Lender and at any time, such Lender’s Applicable Percentage of the sum of (x) the amounts then owing by the Borrower in respect of amounts drawn under Letters of Credit and (y) the aggregate amount then available for
drawing under all Letters of Credit. 
 “Letter of Credit Termination Date” means the tenth day preceding the Termination
Date. 
 “Leverage Ratio” means, as of the last day of any fiscal quarter, the ratio of (a) Consolidated Debt on such
date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such date, taken as one accounting period. 

“LIBOR Auction” means a solicitation of Competitive Bid Quotes setting forth the Competitive Bid Margins based on the London
Interbank Offered Rate pursuant to Section 2.03. 
 “Lien” means, with respect to any asset, any mortgage, lien, pledge,
charge, security interest or encumbrance of any kind. For the purposes of this Agreement, the Borrower or any Subsidiary shall be deemed to own subject to a Lien any asset which it has acquired or holds subject to the interest of a vendor or lessor
under any conditional sale agreement, capital lease or other title retention agreement relating to such asset. 
 “Loan”
and “Loans” mean and include each and every loan made by a Lender under this Agreement. 
 “Loan Modification
Agreement” has the meaning set forth in Section 9.07(f). 
 “Loan Modification Offer” has the meaning set forth in
Section 9.07(f). 
 “London Interbank Offered Rate” has the meaning set forth in Section 2.07(b). 

“Material Adverse Effect” means a material adverse effect on (a) the ability of the Borrower to perform its obligations,
taken as a whole, under this Agreement or any of the Notes, (b) the validity or enforceability of this Agreement or any of the Notes or (c) the rights and remedies of any Lender or the 

  
 12 

 
Administrative Agent, taken as a whole, under this Agreement or any of the Notes. 

“Material Debt” means, without duplication, Debt (other than the Loans) of the Borrower and/or one or more of its Restricted
Subsidiaries, arising in one or more related or unrelated transactions, in an aggregate principal or face amount exceeding $50,000,000. 

“Material Financial Obligations” means, without duplication, a principal or face amount of Debt and/or payment or
collateralization obligations in respect of Derivatives Obligations of the Borrower and/or one or more of its Restricted Subsidiaries, arising in one or more related or unrelated transactions, exceeding in the aggregate $50,000,000. 

“Material Plan” means at any time a Plan or Plans having aggregate Unfunded Liabilities in excess of $50,000,000. 

“MNPI” has the meaning set forth in Section 2.18(a)(viii). 

“Multiemployer Plan” means at any time a multiemployer plan within the meaning of Section 4001(a)(3) of ERISA to which
any member of the ERISA Group is then making or accruing an obligation to make contributions. 
 “Non-Defaulting Revolving
Lender” means, at any given time, any Revolving Lender that is not a Defaulting Lender at such time. 
 “Notes”
mean the Term Notes or Revolving Credit Notes, as the case may be. 
 “Notice of Borrowing” means a Notice of Committed
Borrowing or a Notice of Competitive Bid Borrowing. 
 “Notice of Committed Borrowing” has the meaning set forth in Section
2.02. 
 “Notice of Competitive Bid Borrowing” has the meaning set forth in Section 2.03(f). 

“Notice of Interest Rate Election” has the meaning set forth in Section 2.13. 

“Notice of Issuance” has the meaning set forth in Section 2.16(b). 

“OFAC” means the U.S. Department of the Treasury’s Office of Foreign Assets Control. 

  
 13 

 “Officer’s Certificate” means a certificate signed by an
officer of the Borrower. 
 “Open Market Purchases” has the meaning set forth in Section 2.19(a). 

“Other Taxes” has the meaning set forth in Section 8.04. 

“Outstanding Revolving Committed Amount” means, as to any Lender at any time, the sum of (i) the aggregate
principal amount of Revolving Loans made by it that are outstanding at such time and (ii) the aggregate amount of its Letter of Credit Liabilities at such time. 

“Parent” means, with respect to any Lender, any Person directly or indirectly controlling such Lender. 

“Participant” has the meaning set forth in Section 9.08(b). 

“Participant Register” has the meaning set forth in Section 9.08(b). 

“Patriot Act” has the meaning set forth in Section 9.16. 

“Payment Date” has the meaning set forth in Section 2.16(c). 

“PBGC” means the Pension Benefit Guaranty Corporation or any entity succeeding to any or all of its functions under ERISA.

 “Permitted Amendments” has the meaning set forth in Section 9.07(f). 

“Person” means any individual, firm, company, corporation, joint venture, joint-stock company, limited liability company or
partnership, trust, unincorporated organization, government or state entity, or any association or partnership (whether or not having separate legal personality) of two or more of the foregoing. 

“Plan” means at any time an employee pension benefit plan (other than a Multiemployer Plan) which is covered by Title IV of
ERISA or subject to the minimum funding standards under Section 412 of the Internal Revenue Code and is maintained, or contributed to, by any member of the ERISA Group for employees of any member of the ERISA Group. 

“Pricing Schedule” means the schedule attached hereto identified as such. 

“Prime Rate” means the rate of interest publicly announced by JPMorgan Chase Bank, N.A. in New York City from time to time as
its Prime Rate. 
 “Principal Property” means, at any time, any manufacturing facility that is located in the United
States, is owned by the Borrower or any of its Subsidiaries, and has a book value, net of any depreciation or amortization, 

  
 14 

 
pursuant to the then most recently delivered financial statements, in excess of 2.5% of the consolidated total assets of the Borrower and its Consolidated Subsidiaries, taken as a whole. 

“Quarterly Date” means the last day of March, June, September and December in each year, commencing March 31,
2014. 
 “Reference Banks” means the principal London offices of Wells Fargo Bank, N.A. and JPMorgan Chase Bank, N.A.
“Reference Bank” means any one of such Reference Banks. 
 “Register” has the meaning set forth in
Section 2.05. 
 “Regulation U” means Regulation U of the Board of Governors of the Federal Reserve System, as in
effect from time to time. 
 “Reimbursement Obligation” means the obligation of the Borrower to reimburse the Issuing
Lender for any amount drawn under a Letter of Credit. 
 “Reimbursement Obligation Default” means, with respect to any
Reimbursement Obligation, the failure by the Borrower to pay any Reimbursement Obligation on the date that it is due, provided that no Reimbursement Obligation Default shall arise with respect to such Reimbursement Obligation if such Reimbursement
Obligation shall have been converted into Base Rate Loans pursuant to Section 2.16(c)(ii). 
 “Replacement Revolving Credit
Facility” has the meaning set forth in Section 9.07(d). 
 “Replacement Term Facility” has the meaning set forth
in Section 9.07(e). 
 “Required Lenders” means at any time Lenders with more than 50% of the aggregate amount of the
Credit Exposures at such time, subject to Section 2.17(b). 
 “Required Revolving Lenders” means at any time Revolving
Lenders with more than 50% of the aggregate amount of the Revolving Credit Exposures at such time, subject to Section 2.17(b). 

“Required Term Lenders” means at any time Term Lenders with more than 50% of the aggregate amount of the Term Exposures at
such time, subject to Section 2.17(b). 
 “Restricted Subsidiary” means (x) any Significant Subsidiary, (y) any
Subsidiary that has substantially all of its property located in the United States and that owns a Principal Property and (z) other Subsidiaries from time to time 

  
 15 

 
designated, by the Borrower by notice to the Administrative Agent, as Restricted Subsidiaries as necessary such that at all times, based on the most recent financial statements delivered pursuant
hereto, at the end of any fiscal quarter the book value of the aggregate total assets, net of depreciation and amortization and after intercompany eliminations, of the Borrower and all of its Restricted Subsidiaries is not less than 85% of the
consolidated total assets, net of depreciation and amortization and after intercompany eliminations, of the Borrower and its Consolidated Subsidiaries, taken as a whole. 

“Retiring Lender” has the meaning set forth in Section 9.01(a). 

“Revolving Commitment” means, for any Revolving Lender and at any time, its commitment hereunder to make Revolving Loans and
purchase participations in Letters of Credit in an aggregate principal amount at an one time outstanding not to exceed the amount set forth opposite such Lender’s name on the Commitment Schedule under the caption “Revolving
Commitment”, as the same may be changed from time to time pursuant to Section 2.12, Section 9.07(d) or Section 9.08(c). 

“Revolving Credit Exposure” means, with respect to any Revolving Lender at any time, (i) the amount of its Revolving
Commitment (whether used or unused) at such time or (ii) if the Revolving Commitments have terminated in their entirety, the sum of the aggregate principal amount of its Revolving Loans and Competitive Bid Loans at such time plus its Letter of
Credit Liabilities at such time. 
 “Revolving Credit Notes” means promissory notes of the Borrower, substantially in the
form of Exhibit A-2 hereto, evidencing the obligation of the Borrower to repay the Revolving Loans, and “Revolving Credit Note” means any one of such promissory notes issued hereunder. 

“Revolving Credit Period” means the period from and including the Effective Date to but not including the Termination Date.

 “Revolving Lender” means a Lender having a Revolving Commitment or an outstanding Revolving Loan, Competitive Bid Loan
or Letter of Credit Liabilities. 
 “Revolving Loan” means a Loan made pursuant to Section 2.01(a). 

“Sanctions” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by
the U.S. government, including those administered by OFAC. 
 “Sanctioned Country” means a country subject or target of any
Sanctions. 

  
 16 

 “Sanctioned Person” means (a)(i) an agency of the government of a Sanctioned
Country, (ii) an organization controlled by a Sanctioned Country, or (iii) a person resident in a Sanctioned Country, to the extent subject to a sanctions program administered by OFAC, or (b) a Person that is named on the SDN List.

 “SDN List” means OFAC’s list of Specially Designated Nationals and Blocked Persons. 

“Significant Subsidiary” means a Subsidiary with a book value of total assets, net of depreciation and amortization and after
intercompany eliminations, equal to or greater than 5% of the consolidated total assets of the Borrower and its Consolidated Subsidiaries, taken as a whole. 

“Specified Acquisition” has the meaning set forth in Section 5.09. 

“Stop Issuance Notice” has the meaning set forth in Section 2.16(f). 

“Subsidiary” means, as to any Person, any corporation or other entity of which securities or other ownership interests having
ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are at the time directly or indirectly owned by such Person; unless otherwise specified, “Subsidiary” means a Subsidiary of
the Borrower. 
 “Taxes” has the meaning set forth in Section 8.04. 

“Temporary Cash Investment” means any Investment in (i) direct obligations of the United States or any agency thereof,
or obligations guaranteed by the United States or any agency thereof, (ii) commercial paper rated at least A-1 by Standard & Poor’s (a division of The McGraw-Hill Companies, Inc.) and P-1 by Moody’s Investors Service, Inc.,
(iii) bank deposits, checking accounts, money market deposits and time deposits with, including certificates of deposit issued by, any office of any bank or trust company which is organized under the laws of the United States or any state
thereof and has capital, surplus and undivided profits aggregating at least $1,000,000,000, (iv) obligations of a municipality or its agency that are supported by a letter of credit from an office of a bank or trust company meeting the criteria
set forth in clause (iii) above provided the holder of such obligations may compel the repurchase or resale of such obligations within a one month period, (v) repurchase agreements with respect to securities described in clause
(i) above entered into with an office of a bank or trust company meeting the criteria specified in clause (iii) above, and (vi) investment funds, substantially all of whose assets are invested in Investments of the character and
quality described in clauses (i) – (v) of this definition; provided in each case that such Investment matures within one year from the date of acquisition thereof by the Borrower or a Subsidiary. 

“Term Commitment” means, for any Term Lender, its commitment hereunder to make Term Loans in an aggregate principal amount
set forth 

  
 17 

 
opposite such Lender’s name on the Commitment Schedule under the caption “Term Commitment”. 

“Term Exposure” means, as to any Term Lender, (i) on or prior to the Effective Date, the amount of its Term Commitment
and (ii) thereafter, the aggregate outstanding principal amount of its Term Loans. 
 “Term Lender” means a Lender
having a Term Commitment or an outstanding Term Loan. 
 “Term Loan” means a Loan made pursuant to Section 2.01(b). 

“Term Notes” means promissory notes of the Borrower, substantially in the form of Exhibit A-1 hereto, evidencing the
obligation of the Borrower to repay the Term Loans, and “Term Note” means any one of such promissory notes issued hereunder. 

“Termination Date” means November 29, 2018. 

“Total Revolving Commitments” means, at the time for any determination thereof, the aggregate amount of the Revolving
Commitments at such time. 
 “Total Outstanding Revolving Amount” means, at any time, the sum of (i) the aggregate
principal amount of all Revolving Loans outstanding at such time, (ii) the aggregate principal amount of all Competitive Bid Loans outstanding at such time and (iii) the aggregate amount of the Letter of Credit Liabilities of all Revolving
Lenders at such time. 
 “Transferee” has the meaning set forth in Section 9.08(e). 

“Unfunded Liabilities” means, with respect to any Plan at any time, the amount (if any) by which (i) the present value
of all benefits under such Plan exceeds (ii) the fair market value of all Plan assets allocable to such benefits (excluding any accrued but unpaid contributions), all determined on an ongoing basis as of the then most recent valuation date for
such Plan, but only to the extent that such excess represents a potential liability of a member of the ERISA Group to the PBGC or an appointed trustee under Title IV of ERISA. 

“United States” means the United States of America, including the States and the District of Columbia, but excluding the
Commonwealths, territories and possessions of the United States. 
 “Withholding Agent” has the meaning set forth in
Section 8.04. 
 Section 1.02. Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used
herein shall be interpreted, all 

  
 18 

 
accounting determinations hereunder shall be made, and all financial statements required to be delivered hereunder shall be prepared in accordance with generally accepted accounting principles as
in effect from time to time applied on a basis consistent (except for changes concurred in by the Borrower’s independent public accountants) with the most recent audited consolidated financial statements of the Borrower and its Consolidated
Subsidiaries delivered to the Lenders; provided that, if the Borrower notifies the Administrative Agent that the Borrower wishes to amend any covenant contained in Article 5 to eliminate the effect of any change after the date hereof in
generally accepted accounting principles (which, for purposes of this proviso, shall include the generally accepted application or interpretation thereof) on the operation of such covenant (or if the Administrative Agent notifies the Borrower that
the Required Lenders wish to amend any such covenant for such purpose), then the Borrower’s compliance with such covenant shall be determined on the basis of generally accepted accounting principles in effect immediately before the relevant
change in generally accepted accounting principles is adopted by the Borrower, until either such notice is withdrawn or such covenant is amended in a manner satisfactory to the Borrower and the Required Lenders. 

Section 1.03. Types and Classes of Borrowings. The term “Borrowing” denotes the aggregation
of Loans of one or more Lenders to be made to the Borrower pursuant to Article 2 on the same date, all of which Loans are of the same type (subject to Article 8) and, except in the case of Base Rate Loans, have the same initial Interest Period.
Borrowings are classified for purposes of this Agreement either (i) by reference to the pricing of Loans comprising such Borrowing (e.g., a “Fixed Rate Borrowing” is a Euro-Dollar Borrowing or a Competitive
Bid Borrowing (excluding any such Borrowing consisting of Competitive Bid LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.03), and a “Euro-Dollar Borrowing” is a Borrowing comprised of
Euro-Dollar Loans), (ii) by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “Committed Borrowing” is a Borrowing under Section 2.01 in which all
Lenders participate in proportion to their Commitments, while a “Competitive Bid Borrowing” is a Borrowing under Section 2.03 in which the Lender participants are determined on the basis of their bids in
accordance therewith) or (iii) by Class (i.e., a “Revolving Borrowing” is a Borrowing under Section 2.01(a), while a “Term Borrowing” is a Borrowing under Section
2.01(b)). 
 ARTICLE 2 

THE LOANS 

Section 2.01. Commitments to Lend. (a) During the Revolving Credit Period, each Revolving Lender severally agrees, on the
terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time in amounts such that (i) such Lender’s Outstanding Revolving 

  
 19 

 
Committed Amount shall not exceed its Revolving Commitment and (ii) the Total Outstanding Revolving Amount shall not exceed the Total Revolving Commitments. Within the foregoing limits, the
Borrower may borrow under this Section, prepay Revolving Loans to the extent permitted by Section 2.09 and reborrow at any time during the Revolving Credit Period under this Section. Each Borrowing under this Section shall be in an aggregate
principal amount of $5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02) and shall be made from the several Revolving Lenders in respective
amounts equal to their respective Applicable Percentages of such Borrowing. 
 (b) Each Term Lender severally agrees, on the terms and
conditions set forth in this Agreement, to make a loan to the Borrower on the Effective Date in an amount equal to such Lender’s Term Commitment. The Term Commitments are not revolving in nature, and amounts repaid in respect of the Term Loans
may not be reborrowed. 
 Section 2.02. Notice of Committed Borrowing. The Borrower shall give the Administrative Agent notice
(a “Notice of Committed Borrowing”) not later than 12:00 noon (New York City time) on (x) the date of each Base Rate Borrowing and (y) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: 

(i) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar
Business Day in the case of a Euro-Dollar Borrowing; 
 (ii) the aggregate amount of such Borrowing; 

(iii) whether the Loans comprising such Borrowing are to bear interest initially at the Base Rate or a Euro-Dollar Rate; and

 (iv) in the case of a Euro-Dollar Borrowing, the duration of the initial Interest Period applicable thereto, subject to
the provisions of the definition of Interest Period. 
 Section 2.03. Competitive Bid Borrowings. (a) The Competitive
Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Borrower may, as set forth in this Section, request the Revolving Lenders during the Revolving Credit Period to make offers to make Competitive Bid Loans to the
Borrower. The Revolving Lenders may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section. 

(b) Competitive Bid Quote Request. When the Borrower wishes to request offers to make Competitive Bid Loans under this Section, it
shall transmit to the Administrative Agent by telex or facsimile transmission a Competitive Bid 

  
 20 

 
Quote Request substantially in the form of Exhibit B hereto so as to be received not later than 12:00 noon (New York City time) on (x) the fifth Euro-Dollar Business Day prior to the
date of Borrowing proposed therein, in the case of a LIBOR Auction or (y) the Domestic Business Day next preceding the date of Borrowing proposed therein, in the case of an Absolute Rate Auction (or, in either case, such other time or date as
the Borrower and the Administrative Agent shall have mutually agreed and shall have notified the Revolving Lenders not later than the date of the Competitive Bid Quote Request for the first LIBOR Auction or Absolute Rate Auction for which such
change is to be effective) specifying: 
 (i) the proposed date of Borrowing, which shall be a Euro-Dollar Business Day in
the case of a LIBOR Auction or a Domestic Business Day in the case of an Absolute Rate Auction, 
 (ii) the aggregate amount
of such Borrowing, which shall be $5,000,000 or a larger multiple of $1,000,000, 
 (iii) the duration of the Interest Period
applicable thereto, subject to the provisions of the definition of Interest Period, and 
 (iv) whether the Competitive Bid
Quotes requested are to set forth a Competitive Bid Margin or a Competitive Bid Absolute Rate. 
 The Borrower may request offers to make
Competitive Bid Loans for more than one Interest Period in a single Competitive Bid Quote Request. 
 (c) Invitation for Competitive Bid
Quotes. Promptly upon receipt of a Competitive Bid Quote Request, the Administrative Agent shall send to the Revolving Lenders by telex or facsimile transmission an Invitation for Competitive Bid Quotes substantially in the form of Exhibit
C hereto, which shall constitute an invitation by the Borrower to each Revolving Lender to submit Competitive Bid Quotes offering to make the Competitive Bid Loans to which such Competitive Bid Quote Request relates in accordance with this
Section. 
 (d) Submission and Contents of Competitive Bid Quotes. (i) Each Revolving Lender may submit a Competitive Bid Quote
containing an offer or offers to make Competitive Bid Loans in response to any Invitation for Competitive Bid Quotes. Each Competitive Bid Quote must comply with the requirements of this Section 2.03(d) and must be submitted to the
Administrative Agent by telex or facsimile transmission at its offices specified in or pursuant to Section 9.02 not later than (x) 2:00 P.M. (New York City time) on the fourth Euro-Dollar Business Day prior to the proposed date of
Borrowing, in the case of a LIBOR Auction or (y) 9:30 A.M. (New York City time) on the proposed date of Borrowing, in the case of an Absolute Rate Auction (or, in either case, such other time or date as the Borrower and the Administrative Agent
shall have mutually agreed and shall have notified the Revolving Lenders not later than the date of the 

  
 21 

 
Competitive Bid Quote Request for the first LIBOR Auction or Absolute Rate Auction for which such change is to be effective); provided that Competitive Bid Quotes submitted by the
Administrative Agent (or any affiliate of the Administrative Agent) in the capacity of a Lender may be submitted, and may only be submitted, if the Administrative Agent or such affiliate notifies the Borrower of the terms of the offer or offers
contained therein not later than (x) one hour prior to the deadline for the other Lenders, in the case of a LIBOR Auction or (y) 15 minutes prior to the deadline for the other Lenders, in the case of an Absolute Rate Auction. Subject to
Article 3 and 6, any Competitive Bid Quote so made shall be irrevocable except with the written consent of the Administrative Agent given on the instructions of the Borrower. 

(ii) Each Competitive Bid Quote shall be in substantially the form of Exhibit D hereto and shall in any case specify:

 (A) the proposed date of Borrowing, 

(B) the principal amount of the Competitive Bid Loan for which each such offer is being made, which principal amount
(w) may be greater than or less than the Revolving Commitment of the quoting Revolving Lender, (x) must be $5,000,000 or a larger multiple of $1,000,000, (y) may not exceed the principal amount of Competitive Bid Loans for which
offers were requested and (z) may be subject to an aggregate limitation as to the principal amount of Competitive Bid Loans for which offers being made by such quoting Revolving Lender may be accepted, 

(C) in the case of a LIBOR Auction, the margin above or below the applicable London Interbank Offered Rate (the
“Competitive Bid Margin”) offered for each such Competitive Bid Loan, expressed as a percentage (specified to the nearest 1/10,000th of 1%) to be added to or subtracted from such base rate, 

(D) in the case of an Absolute Rate Auction, the rate of interest per annum (specified to the nearest 1/10,000th of 1%) (the
“Competitive Bid Absolute Rate”) offered for each such Competitive Bid Loan, and 
 (E) the identity of the
quoting Revolving Lender. 
 A Competitive Bid Quote may set forth up to five separate offers by the quoting Revolving Lender with respect to
each Interest Period specified in the related Invitation for Competitive Bid Quotes. 
 (iii) Any Competitive Bid Quote shall
be disregarded if it: 

  
 22 

 (A) is not substantially in conformity with Exhibit D hereto or does not
specify all of the information required by subsection (d)(ii) above; 
 (B) contains qualifying, conditional or similar
language; 
 (C) proposes terms other than or in addition to those set forth in the applicable Invitation for Competitive Bid
Quotes; or 
 (D) arrives after the time set forth in subsection (d)(i). 

(e) Notice to Borrower. The Administrative Agent shall promptly notify the Borrower of the terms (x) of any Competitive Bid
Quote submitted by a Revolving Lender that is in accordance with subsection (d) and (y) of any Competitive Bid Quote that amends, modifies or is otherwise inconsistent with a previous Competitive Bid Quote submitted by such Revolving
Lender with respect to the same Competitive Bid Quote Request. Any such subsequent Competitive Bid Quote shall be disregarded by the Administrative Agent unless such subsequent Competitive Bid Quote is submitted solely to correct a manifest error in
such former Competitive Bid Quote. The Administrative Agent’s notice to the Borrower shall specify (A) the aggregate principal amount of Competitive Bid Loans for which offers have been received for each Interest Period specified in the
related Competitive Bid Quote Request, (B) the respective principal amounts and Competitive Bid Margins or Competitive Bid Absolute Rates, as the case may be, so offered and (C) if applicable, limitations on the aggregate principal amount
of Competitive Bid Loans for which offers in any single Competitive Bid Quote may be accepted. 
 (f) Acceptance and
Notice by Borrower. Not later than 10:30 A.M. (New York City time) on (x) the third Euro-Dollar Business Day prior to the proposed date of Borrowing, in the case of a LIBOR Auction or (y) the proposed date of Borrowing, in the
case of an Absolute Rate Auction (or, in either case, such other time or date as the Borrower and the Administrative Agent shall have mutually agreed and shall have notified the Revolving Lenders not later than the date of the Competitive Bid Quote
Request for the first LIBOR Auction or Absolute Rate Auction for which such change is to be effective), the Borrower shall notify the Administrative Agent of its acceptance or non-acceptance of the offers so notified to it pursuant to subsection
(e). In the case of acceptance, such notice (a “Notice of Competitive Bid Borrowing”) shall specify the aggregate principal amount of offers for each Interest Period that are accepted. The Borrower may accept any Competitive Bid
Quote in whole or in part; provided that: 

  
 23 

 (i) the aggregate principal amount of each Competitive Bid Borrowing may not
exceed the applicable amount set forth in the related Competitive Bid Quote Request; 
 (ii) the principal amount of each
Competitive Bid Borrowing must be $5,000,000 or a larger multiple of $1,000,000; 
 (iii) acceptance of offers may only be
made on the basis of ascending Competitive Bid Margins or Competitive Bid Absolute Rates, as the case may be; and 
 (iv) the
Borrower may not accept any offer that is described in subsection (d)(iii) or that otherwise fails to comply with the requirements of this Agreement. 

(g) Allocation by Administrative Agent. If offers are made by two or more Revolving Lenders with the same Competitive Bid
Margins or Competitive Bid Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which such offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in
respect of which such offers are accepted shall be allocated by the Administrative Agent among such Revolving Lenders as nearly as possible (in multiples of $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate
principal amounts of such offers. Determinations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. 

Section 2.04. Notice to Lenders; Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent
shall give each Lender participating therein prompt notice of the contents thereof and of such Lender’s share of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by Borrower. 

(b) Not later than 2:00 P.M. (New York City time) on the date of each Borrowing, each Lender participating therein shall make available its
share of such Borrowing in Federal or other funds immediately available in New York City, to the Administrative Agent at its address referred to in Section 9.02. Unless the Administrative Agent determines that any applicable condition specified
in Article 3 has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the Borrower at the Administrative Agent’s aforesaid address. 

(c) Unless the Administrative Agent shall have received notice from a Lender prior to the date of any Borrowing that such Lender will not make
available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share 

  
 24 

 
available to the Administrative Agent on the date of such Borrowing in accordance with subsections (b) and (c) of this Section and the Administrative Agent may, in reliance upon such
assumption, make available to the Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so made such share available to the Administrative Agent, such Lender and the Borrower severally agree to repay to
the Administrative Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to the Borrower until the date such amount is repaid to the Administrative Agent,
(i) in the case of a payment made by a Lender, at the Federal Funds Rate and (ii) in the case of a payment made by the Borrower, at the interest rate applicable to the Loans constituting such Borrowing. If such Lender shall repay to the
Administrative Agent such corresponding amount, such amount so repaid shall constitute such Lender’s Loan included in such Borrowing for purposes of this Agreement. 

(d) The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender
of its obligation, if any, hereunder to make its Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on the date of the Borrowing. 

Section 2.05. Registry; Notes. (a) The Administrative Agent shall maintain a register (the “Register”) on
which it will record each Commitment of each Lender, each Loan made by each Lender and each repayment of any Loan made by each Lender. Any such recordation by the Administrative Agent on the Register shall be presumptively correct, absent manifest
error. 
 (b) The Borrower hereby agrees that, promptly upon the request of any Lender at any time, the Borrower shall deliver to such
Lender a Note, duly executed by the Borrower and payable to the order of such Lender and representing the obligation of the Borrower to pay the aggregate unpaid principal amount of all Term Loans or Revolving Loans, as the case may be, made to the
Borrower by such Lender, with interest as provided herein on the unpaid principal amount from time to time outstanding. 
 (c) Each Lender
shall record the date, amount and maturity of each Loan made by it and the date and amount of each payment of principal made by the Borrower with respect thereto, and each Lender receiving a Note pursuant to this Section, if such Lender so elects in
connection with any transfer or enforcement of any Note, may endorse on the schedule forming a part thereof appropriate notations to evidence the foregoing information with respect to each such Loan then outstanding; provided that neither the
failure of such Lender to make any such recordation or endorsement nor any error therein shall affect the obligations of the Borrower hereunder or under any Note. Such Lender is hereby irrevocably authorized by the Borrower so to endorse any Note
and to attach to 

  
 25 

 
and make a part of any Note a continuation of any such schedule as and when required. 

Section 2.06. Maturity of Loans; Amortization. (a) Each Revolving Loan shall mature, and the outstanding principal
amount thereof shall be due and payable, on the Termination Date. 
 (b) The Borrower shall repay Term Loans, for the ratable account
of each Term Lender, on the dates set forth below, or if any such date is not a Domestic Business Day, on the next preceding Domestic Business Day, in the principal amount equal to the percentage set forth below of the initial principal amount of
Term Loans (as adjusted from time to time pursuant to Section 2.09): 
  

					
	 Payment Date
	  	Term Loan
Percentage	 
	 March 31, 2014
	  	 	1.25	% 
	 June 30, 2014
	  	 	1.25	% 
	 September 30, 2014
	  	 	1.25	% 
	 December 31, 2014
	  	 	1.25	% 
	 March 31, 2015
	  	 	1.25	% 
	 June 30, 2015
	  	 	1.25	% 
	 September 30, 2015
	  	 	1.25	% 
	 December 31, 2015
	  	 	1.25	% 
	 March 31, 2016
	  	 	1.875	% 
	 June 30, 2016
	  	 	1.875	% 
	 September 30, 2016
	  	 	1.875	% 
	 December 31, 2016
	  	 	1.875	% 
	 March 31, 2017
	  	 	1.875	% 
	 June 30, 2017
	  	 	1.875	% 
	 September 30, 2017
	  	 	1.875	% 
	 December 31, 2017
	  	 	1.875	% 
	 March 31, 2018
	  	 	1.875	% 
	 June 30, 2018
	  	 	1.875	% 
	 September 30, 2018
	  	 	1.875	% 

 provided that the aggregate principal amount of Term Loans then outstanding shall be paid in full by the Borrower on
the Termination Date. 
 (c) Each Competitive Bid Loan included in any Competitive Bid Borrowing shall mature, and the principal amount
thereof shall be due and payable, on the last day of the Interest Period applicable to such Borrowing. 
 Section 2.07. Interest
Rates. (a) Each Base Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made until it becomes due, at a rate per annum equal to the sum of the Base

  
 26 

 
Rate plus the Applicable Base Rate Margin for such day. Such interest shall be payable at maturity, quarterly in arrears on each Quarterly Date prior to maturity and, with respect to the
principal amount of any Base Rate Loan converted to a Euro-Dollar Loan, on the date of such conversion. Any overdue principal of or interest on any Base Rate Loan shall bear interest, payable on demand, for each day until paid at a rate per annum
equal to the sum of 2% plus the rate otherwise applicable to Base Rate Loans for such day. 
 (b) Each Euro-Dollar Loan shall bear interest
on the outstanding principal amount thereof, for each day during each Interest Period applicable thereto, at a rate per annum equal to the sum of the Applicable Euro-Dollar Margin for such day plus the London Interbank Offered Rate applicable to
such Interest Period. Such interest shall be payable for each Interest Period on the last day thereof and, if such Interest Period is longer than three months, at intervals of three months after the first day thereof. 

The “London Interbank Offered Rate” applicable to any Interest Period means the rate appearing on Reuters Screen
LIBOR01 Page (or on any successor or substitute page of such page) providing rate quotations comparable to those currently provided on such page of such page, as determined by the Administrative Agent from time to time for purposes of providing
quotations of interest rates applicable to dollar deposits in the London interbank market) at approximately 11:00 A.M., London time, two Euro-Dollar Business Days prior to the commencement of such Interest Period, as the rate for Dollar deposits
with a maturity comparable to such Interest Period. In the event that such rate is not available at such time for any reason, then the “London Interbank Offered Rate” for such Interest Period shall be the average (rounded upward, if
necessary, to the next higher 1/100 of 1%) of the respective rates per annum at which deposits in dollars are offered by each of the Reference Banks in the London interbank market at approximately 11:00 A.M. (London time) two Euro-Dollar Business
Days before the first day of such Interest Period in an amount approximately equal to the principal amount of the Euro-Dollar Loan of such Reference Bank to which such Interest Period is to apply and for a period of time comparable to such Interest
Period. 
 (c) Any overdue principal of or interest on any Euro-Dollar Loan shall bear interest, payable on demand, for each day
until paid at a rate per annum equal to the higher of (i) the sum of 2% plus the Applicable Euro-Dollar Margin for such day plus the average (rounded upward, if necessary, to the next higher 1/100 of 1%) of the respective rates per annum at
which one day (or, if such amount due remains unpaid more than three Euro-Dollar Business Days, then for such other period of time not longer than three months as the Administrative Agent may select) deposits in dollars in an amount approximately
equal to such overdue payment due to each of the Reference Banks are offered by such Reference Bank in the London interbank market for the applicable period determined as provided above and (ii) the sum of 2% plus the Applicable
Euro-

  
 27 

 
Dollar Margin for such day plus the London Interbank Offered Rate applicable to such Loan at the date such payment was due. 

(d) Subject to Section 8.02 and 8.03, each Competitive Bid LIBOR Loan shall bear interest on the outstanding principal amount thereof,
for the Interest Period applicable thereto, at a rate per annum equal to the sum of the London Interbank Offered Rate for such Interest Period (determined in accordance with Section 2.07(b) as if the related Competitive Bid LIBOR Borrowing were
a Committed Euro-Dollar Borrowing) plus (or minus) the Competitive Bid Margin quoted by the Lender making such Loan in accordance with Section 2.07(b). Each Competitive Bid Absolute Rate Loan shall bear interest on the outstanding principal
amount thereof, for the Interest Period applicable thereto, at a rate per annum equal to the Competitive Bid Absolute Rate quoted by the Lender making such Loan in accordance with Section 2.03. Such interest shall be payable for each Interest
Period on the last day thereof and, if such Interest Period is longer than three months, at intervals of three months after the first day thereof. Any overdue principal of or interest on any Competitive Bid Loan shall bear interest, payable on
demand, for each day until paid at a rate per annum equal to the sum of 2% plus the Base Rate for such day. 
 (e) The Administrative Agent
shall determine each interest rate applicable to the Loans hereunder. The Administrative Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be
conclusive in the absence of manifest error (it being understood and agreed that the Administrative Agent shall not be required to disclose to the Borrower, the Lenders or any other party hereto any information regarding any Reference Bank or any
rate provided by such Reference Bank in accordance with the definition of “London Interbank Offered Rate”, including, without limitation, whether a Reference Bank has provided a rate or the rate provided by any individual Reference Bank).

 (f) Each Reference Bank agrees to use its best efforts to furnish quotations to the Administrative Agent as contemplated by this Section.
If any Reference Bank does not furnish a timely quotation, the Administrative Agent shall determine the relevant interest rate on the basis of the quotation or quotations furnished by the remaining Reference Bank or Banks or, if none of such
quotations is available on a timely basis, the provisions of Section 8.02 shall apply. 
 Section 2.08. Mandatory
Termination of Commitments. (a) The Revolving Commitments shall terminate on the Termination Date. 
 (b) The Term
Commitments shall terminate at the close of business on the earlier of (i) the Effective Date and (ii) December 3, 2013, if the Effective Date shall not have occurred on or before such date. 

  
 28 

 Section 2.09. Optional Prepayments. (a) Subject in the case of any
Euro-Dollar Borrowing to Section 2.14, the Borrower may, upon notice to the Administrative Agent not later than 11:30 A.M. (New York City time) on the date of such prepayment, prepay any Group of Base Rate Loans (or any Competitive Bid
Borrowing bearing interest at the Base Rate pursuant to Section 8.02 or 8.03) or upon at least three Euro-Dollar Business Days’ notice to the Administrative Agent, prepay any Group of Euro-Dollar Loans, in each case in whole at any time,
or from time to time in part in amounts aggregating $5,000,000 or any larger multiple of $1,000,000 by paying the principal amount to be prepaid together with accrued interest thereon to the date of prepayment. Each such optional prepayment shall be
applied to prepay ratably the Loans of the several Lenders included in such Group of Loans (or Borrowing). 
 (b) Optional
prepayments of Term Loans pursuant to subsection (a) above shall be applied pro rata against the remaining scheduled installments of principal due in respect of Term Loans under Section 2.06(b). 

(c) Except as provided in subsection (a) above, the Borrower may not prepay all or any portion of the principal amount of any Competitive
Bid Loan prior to the maturity thereof. 
 (d) Upon receipt of a notice of prepayment pursuant to this Section, the Administrative
Agent shall promptly notify each affected Lender of the contents thereof and of such Lender’s ratable share of such prepayment and such notice shall not thereafter be revocable by the Borrower; provided, however, that a notice of
prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Debt, in which case such notice of prepayment may be revoked by the Borrower if such
condition is not satisfied. 
 Section 2.10. General Provisions as to Payments. (a) The Borrower shall make each
payment of principal of, and interest on, the Loans, of Letter of Credit Liabilities and of fees hereunder, not later than 2:00 P.M. (New York City time) on the date when due, in funds immediately available in New York City, to the Administrative
Agent at its address referred to in Section 9.02. If a Fed-Wire reference or tracer number has been received, from the Borrower or otherwise, by the Administrative Agent by that time the Borrower will not be penalized for a payment received
after 2:00 P.M. (New York City time). The Administrative Agent will promptly distribute to each Lender its ratable share of each such payment received by the Administrative Agent for the account of the Lenders. Whenever any payment of principal of,
or interest on, the Base Rate Loans or Letter of Credit Liabilities or of fees shall be due on a day which is not a Domestic Business Day, the date for payment thereof shall be extended to the next succeeding Domestic Business Day. Whenever any
payment of principal of, or interest on, the Euro-Dollar Loans shall be due on a day which is not a Euro-Dollar Business Day, the date for payment thereof shall be extended to the next 

  
 29 

 
succeeding Euro-Dollar Business Day unless such Euro-Dollar Business Day falls in another calendar month, in which case the date for payment thereof shall be the next preceding Euro-Dollar
Business Day. Whenever any payment of principal of, or interest on, the Competitive Bid Loans shall be due on a day which is not a Euro-Dollar Business Day, the date for payment thereof shall be extended to the next succeeding Euro-Dollar Business
Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon shall be payable for such extended time. 

(b) Unless the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Lenders
hereunder that the Borrower will not make such payment in full, the Administrative Agent may assume that the Borrower has made such payment in full to the Administrative Agent on such date and the Administrative Agent may, in reliance upon such
assumption, cause to be distributed to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent that the Borrower shall not have so made such payment, each Lender shall repay to the Administrative Agent
forthwith on demand such amount distributed to such Lender together with interest thereon, for each day from the date such amount is distributed to such Lender until the date such Lender repays such amount to the Administrative Agent, at the Federal
Funds Rate. 
 (c) If any Lender shall fail to make any payment required to be made by it pursuant to Section 2.04(c),
Section 2.10(b) or Section 2.16(c), then the Administrative Agent may, in its discretion and notwithstanding any contrary provision hereof, (i) apply any amounts thereafter received by the Administrative Agent for the account of such
Lender for the benefit of the Administrative Agent or the Issuing Lender to satisfy such Lender’s obligations to it under such Section until all such unsatisfied obligations are fully paid, and/or (ii) hold any such amounts in a segregated
account as cash collateral for, and application to, any future funding obligations of such Lender under any such Section, in the case of each of clauses (i) and (ii) above, in any order as determined by the Administrative Agent in its
discretion. 
 Section 2.11. Fees. (a) The Borrower shall pay to the Administrative Agent for the account of the Revolving
Lenders ratably a facility fee at the Facility Fee Rate (determined daily in accordance with the Pricing Schedule) on the daily aggregate amount of the Revolving Credit Exposures. Such facility fee shall accrue from and including the Effective Date
to but excluding the date that the Revolving Credit Exposures are reduced to zero. 
 (b) The Borrower shall pay to the Administrative Agent
(i) for the account of the Revolving Lenders ratably a letter of credit fee accruing daily on the aggregate amount available for drawing under all outstanding Letters of Credit at the Letter of Credit Fee Rate (determined daily in accordance
with the Pricing Schedule) and (ii) for the account of each Issuing Lender a letter of credit fronting 

  
 30 

 
fee accruing daily on the aggregate amount available for drawing under all outstanding Letters of Credit issued by such Issuing Lender at a rate per annum mutually agreed from time to time by the
Borrower and such Issuing Lender. 
 (c) Accrued fees under this Section shall be payable quarterly in arrears on each Quarterly Date and on
the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposures are reduced to zero). 

Section 2.12. Reduction or Termination of Revolving Commitments. During the Revolving Credit Period, the Borrower may, upon
at least three Domestic Business Days’ notice to the Administrative Agent, (i) terminate the Revolving Commitments at any time, if the Total Outstanding Revolving Amount is equal to zero at such time or (ii) ratably reduce from time
to time by an aggregate amount of $5,000,000 or a larger multiple of $1,000,000, the aggregate amount of the Revolving Commitments in excess of the Total Outstanding Revolving Amount at such time. 

Section 2.13. Method of Electing Interest Rates. (a) The Loans included in each Committed Borrowing shall bear
interest initially at the type of rate specified by the Borrower in the applicable Notice of Committed Borrowing. Thereafter, the Borrower may from time to time elect to change or continue the type of interest rate borne by each Group of Loans
(subject in each case to the provisions of Article 8 and the last sentence of this subsection(a)), as follows: 
 (i)
if such Loans are Base Rate Loans, the Borrower may elect to convert such Loans to Euro-Dollar Loans as of any Euro-Dollar Business Day and 

(ii) if such Loans are Euro-Dollar Loans, the Borrower may elect to convert such Loans to Base Rate Loans or elect to continue
such Loans as Euro-Dollar Loans for an additional Interest Period, subject to Section 2.14 in the case of any such conversion or continuation effective on any day other than the last day of the then current Interest Period applicable to such
Loans. 
 Each such election shall be made by delivering a notice (a “Notice of Interest Rate Election”) to the
Administrative Agent not later than 12:00 noon. (New York City time) on the third Euro-Dollar Business Day before the conversion or continuation selected in such notice is to be effective. A Notice of Interest Rate Election may, if it so specifies,
apply to only a portion of the aggregate principal amount of the relevant Group of Loans; provided that (i) such portion is allocated ratably among the Loans comprising such Group of Loans and (ii) the portion to which such notice
applies, and the remaining portion to which it does not apply, are each $5,000,000 or any larger multiple of $1,000,000. If no such notice is timely received prior to the end of an Interest Period, the Borrower

  
 31 

 
shall be deemed to have elected that all Loans having such Interest Period be converted to Base Rate Loans at the end of such Interest Period. 

(b) Each Notice of Interest Rate Election shall specify: 

(i) the Group of Loans (or portion thereof) to which such notice applies; 

(ii) the date on which the conversion or continuation selected in such notice is to be effective, which shall comply with the
applicable clause of subsection (a) above; 
 (iii) if the Loans comprising such Group are to be converted, the new type
of Loans and, if the Loans being converted are to be Euro-Dollar Loans, the duration of the next succeeding Interest Period applicable thereto; and 

(iv) if such Loans are to be continued as Euro-Dollar Loans for an additional Interest Period, the duration of such additional
Interest Period. 
 Each Interest Period specified in a Notice of Interest Rate Election shall comply with the provisions of the definition
of Interest Period. 
 (c) Upon receipt of a Notice of Interest Rate Election from the Borrower pursuant to subsection (a) above, the
Administrative Agent shall promptly notify each affected Lender of the contents thereof and such notice shall not thereafter be revocable by the Borrower. 

(d) An election by the Borrower to change or continue the rate of interest applicable to any Group of Loans pursuant to this Section shall not
constitute a “Borrowing” subject to the provisions of Section 3.02. 
 Section 2.14. Funding Losses. If the
Borrower makes any payment of principal with respect to any Fixed Rate Loan or any Fixed Rate Loan is converted (pursuant to Article 2, 6 or 8 or otherwise) on any day other than the last day of an Interest Period applicable thereto, or the last day
of an applicable period fixed pursuant to Section 2.07(c), or if the Borrower fails to borrow, prepay, convert or continue any Fixed Rate Loans after notice has been given to any Lender in accordance with Section 2.04(a), 2.09 or 2.13 the
Borrower shall reimburse each affected Lender within 30 days after demand for any resulting loss or expense incurred by it, including (without limitation) any loss incurred in obtaining, liquidating or employing deposits from third parties, but
excluding loss of margin for the period after any such payment or conversion or failure to borrow, prepay, convert or continue, provided that such Lender shall have delivered to the Borrower a certificate as to the amount of such loss or
expense, which certificate shall be conclusive in the absence of manifest error. 

  
 32 

 Section 2.15. Computation of Interest and Fees. The facility fee paid pursuant
to Section 2.11 and interest based on the Prime Rate hereunder shall be computed on the basis of a year of 365 days (or 366 days in a leap year) and paid for the actual number of days elapsed (including the first day but excluding the last
day). All other interest and fees shall be computed on the basis of a year of 360 days and paid for the actual number of days elapsed (including the first day but excluding the last day). 

Section 2.16. Letters of Credit. 

(a) Commitment to Issue Letters of Credit. Subject to the terms and conditions hereof, each Issuing Lender agrees to issue
Letters of Credit from time to time before the Letter of Credit Termination Date upon the request of the Borrower; provided that, immediately after each Letter of Credit is issued (i) the Total Outstanding Revolving Amount shall not
exceed the Total Revolving Commitments and (ii) the aggregate amount of the Letter of Credit Liabilities shall not exceed $50,000,000. Upon the date of issuance by an Issuing Lender of a Letter of Credit, the Issuing Lender shall be deemed,
without further action by any party hereto, to have sold to each Revolving Lender, and each Revolving Lender shall be deemed, without further action by any party hereto, to have purchased from the Issuing Lender, a participation in such Letter of
Credit and the related Letter of Credit Liabilities in the proportion of its Applicable Percentage.  
 (b) Method for Issuance;
Terms; Extensions. 
 (i) The Borrower shall give the Issuing Lender notice at least three Domestic Business Days (or
such shorter notice as may be acceptable to the Issuing Lender in its discretion) prior to the requested issuance of a Letter of Credit (or, in the case of renewal or extension, prior to the Issuing Lender’s deadline for notice of nonextension)
specifying the date such Letter of Credit is to be issued, and describing the terms of such Letter of Credit and the nature of the transactions to be supported thereby (such notice, including any such notice given in connection with the extension of
a Letter of Credit, a “Notice of Issuance”). Upon receipt of a Notice of Issuance, the Issuing Lender shall promptly notify the Administrative Agent, and the Administrative Agent shall promptly notify each Revolving Lender of the
contents thereof and of the amount of such Revolving Lender’s participation in such Letter of Credit. 
 (ii) The
obligation of the Issuing Lender to issue each Letter of Credit shall, in addition to the conditions precedent set forth in Article 3, be subject to the conditions precedent that such Letter of Credit shall be in such form and contain such terms as
shall be reasonably satisfactory to the Issuing Lender and that the Borrower shall have executed and delivered such other customary instruments and agreements relating to such Letter of Credit as the Issuing Lender shall have reasonably requested;
provided, 

  
 33 

 
however, that each Issuing Lender agrees that in the event of any inconsistency between such instruments and agreements and this Agreement the provisions of this Agreement shall prevail.
The Borrower shall also pay to the Issuing Lender for its own account issuance, drawing, amendment, settlement and extension charges, if any, in the amounts and at the times as agreed between the Borrower and the Issuing Lender. 

(iii) The extension or renewal of any Letter of Credit shall be deemed to be an issuance of such Letter of Credit, and if any
Letter of Credit contains a provision pursuant to which it is deemed to be extended unless notice of termination is given by the Issuing Lender, the Issuing Lender shall timely give such notice of termination unless it has theretofore timely
received a Notice of Issuance and the other conditions to issuance of a Letter of Credit have also theretofore been met with respect to such extension. Each Letter of Credit shall expire at or before the close of business on the date that is one
year after such Letter of Credit is issued (or, in the case of any renewal or extension thereof, one year after such renewal or extension); provided that (i) a Letter of Credit may contain a provision pursuant to which it is deemed to be
extended on an annual basis unless notice of termination is given by the Issuing Lender and (ii) in no event will a Letter of Credit other than the Johnson County Letter of Credit expire (including pursuant to a renewal or extension thereof) on
a date later than the Letter of Credit Termination Date; provided that the Borrower shall Cash Collateralize its obligations with respect to the Johnson County Letter of Credit not later than the Termination Date. Upon and subject to the
posting of such Cash Collateral, the obligations of the Revolving Lenders in respect of the Johnson County Letter of Credit shall terminate, and fees in respect thereof shall be payable solely for the account of the Issuing Lender. 

(c) Payments; Reimbursement Obligations. 

(i) Upon receipt from the beneficiary of any Letter of Credit of any notice of a drawing under such Letter of Credit, the
Issuing Lender shall promptly notify the Administrative Agent and the Administrative Agent shall promptly notify the Borrower and each Revolving Lender as to the amount to be paid as a result of such demand or drawing and the date such payment is to
be made by the Issuing Lender (the “Payment Date”). The Borrower shall be irrevocably and unconditionally obligated to reimburse the Issuing Lender for any amounts paid by the Issuing Lender upon any drawing under any Letter of
Credit, without presentment, demand, protest or other formalities of any kind. Such Reimbursement Obligation shall be due on the Payment Date; provided that no such payment shall be due from the Borrower any earlier than the date of receipt
by it of notice of its obligation to make such payment (or, if such notice is received by the Borrower after 11:00 A.M. (New York City time) 

  
 34 

 
on any date, on the next succeeding Domestic Business Day); and provided further that if and to the extent any such Reimbursement Obligation is not paid by the Borrower in accordance with
this clause (i) or clause (ii) below on the Payment Date, then (irrespective of when notice thereof is received by the Borrower), such Reimbursement Obligation shall bear interest, payable on demand, for each day from and including the
Payment Date to but not including the date such Reimbursement Obligation is paid in full or converted to Base Rate Revolving Loans pursuant to clause (ii) below, at a rate per annum equal to the rate applicable to Base Rate Revolving Loans for
such day. 
 (ii) If the Revolving Commitments remain in effect on the Payment Date, such Reimbursement Obligation shall, if
and to the extent that the amount of such Reimbursement Obligation would be permitted as a Borrowing of Committed Revolving Loans pursuant to Section 3.02, and unless the Borrower otherwise instructs the Administrative Agent by not later than
11:30 a.m. (New York City time) on the Payment Date, convert automatically to Base Rate Revolving Loans on the Payment Date. The Administrative Agent shall, on behalf of the Borrower (which hereby irrevocably directs the Administrative Agent so to
act on its behalf), give notice no later than 12:00 noon (New York City time) on such date requesting each Revolving Lender to make, and each Revolving Lender hereby agrees to make, a Base Rate Loan, in an amount equal to such Revolving
Lender’s Applicable Percentage of the Reimbursement Obligation with respect to which such notice relates. Each Revolving Lender shall make such Loan available to the Administrative Agent at its address referred to in Section 9.02 in
immediately available funds, not later than 2:00 P.M. (New York City time), on the date specified in such notice. The Administrative Agent shall pay the proceeds of such Loans to the Issuing Lender, which shall immediately apply such proceeds to
repay the Reimbursement Obligation. 
 (iii) To the extent a Reimbursement Obligation is not refunded by a Revolving Lender
pursuant to clause (ii) above, such Revolving Lender will pay to the Administrative Agent, for the account of the Issuing Lender, immediately upon the Issuing Lender’s demand at any time during the period commencing after such
Reimbursement Obligation arises until reimbursement therefor in full by the Borrower, an amount equal to such Revolving Lender’s Applicable Percentage of such Reimbursement Obligation, together with interest on such amounts for each day from
the date of the Issuing Lender’s demand for such payment (or, if such demand is made after 1:00 P.M. (New York City time) on such date, from the next succeeding Domestic Business Day) to the date of payment by such Revolving Lender of such
amount at a rate of interest per annum equal to the Federal Funds Rate for the first three Domestic Business Days after the date of such demand and thereafter at a rate per annum equal to the Base 

  
 35 

 
Rate for each additional day. The Issuing Lender will pay to each Revolving Lender ratably all amounts received from the Borrower for application in payment of its Reimbursement Obligations in
respect of any Letter of Credit, but only to the extent such Revolving Lender has made payment to the Issuing Lender in respect of such Letter of Credit pursuant hereto; provided that in the event such payment received by the Issuing Lender
is required to be returned, such Revolving Lender will return to the Issuing Lender any portion thereof previously distributed to it by the Issuing Lender. 

(d) Obligations Absolute. The obligations of the Borrower and each Revolving Lender under subsection (c) above shall be
absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement, under all circumstances whatsoever, including without limitation the following circumstances: 

(i) any lack of validity or enforceability of this Agreement or any Letter of Credit or any document related hereto or thereto;

 (ii) the use which may be made of the Letter of Credit by, or any acts or omission of, a beneficiary of a Letter of Credit
(or any Person for whom the beneficiary may be acting); 
 (iii) the existence of any claim, set-off, defense or other rights
that the Borrower may have at any time against a beneficiary of a Letter of Credit (or any Person for whom the beneficiary may be acting), any Revolving Lender (including the Issuing Lender) or any other Person, whether in connection with this
Agreement or the Letter of Credit or any document related hereto or thereto or any unrelated transaction; 
 (iv) any
statement or any other document presented under a Letter of Credit proving to be forged, fraudulent or invalid in any respect or any statement therein being untrue or inaccurate in any respect whatsoever; 

(v) payment under a Letter of Credit against presentation to the Issuing Lender of documents that do not comply with the terms
of such Letter of Credit; 
 (vi) any termination of the Revolving Commitments prior to, on or after the Payment Date for any
Letter of Credit, whether at the scheduled termination thereof, by operation of Section 6.01 or otherwise; or 
 (vii)
any other act or omission to act or delay of any kind by any Revolving Lender (including the Issuing Lender), the Administrative Agent or any other Person or any other event or circumstance whatsoever

  
 36 

 
that might, but for the provisions of this subsection (viii), constitute a legal or equitable discharge of or defense to the Borrower’s or the Revolving Lender’s obligations hereunder;

 provided, that this Section 2.16(d) shall not limit the rights of the Borrower under Section 2.16(e)(ii). 

(e) Indemnification; Expenses. 

(i) The Borrower hereby indemnifies and holds harmless each Revolving Lender (including each Issuing Lender) and the
Administrative Agent from and against any and all claims, damages, losses, liabilities, costs or expenses which it may reasonably incur in connection with a Letter of Credit issued pursuant to this Section 2.16; provided that the
Borrower shall not be required to indemnify any Revolving Lender (including the Issuing Lender) or the Administrative Agent, for any claims, damages, losses, liabilities, costs or expenses (i) to the extent such indemnification relates to
relationships between or among each of, or any of, the Revolving Lenders (including each Issuing Lender), the Administrative Agent or any Assignee or Participant or (ii) to the extent found by a court of competent jurisdiction to have been
caused by the gross negligence or willful misconduct of such Person or the bad faith breach by such Person of any of its material obligations hereunder. 

(ii) None of the Revolving Lenders (including, subject to the proviso below, an Issuing Lender) nor the Administrative Agent
nor any of their officers or directors or employees or agents shall be liable or responsible, by reason of or in connection with the execution and delivery or transfer of or payment or failure to pay under any Letter of Credit, including without
limitation any of the circumstances enumerated in subsection (d) above; provided that, notwithstanding Section 2.16(d), the Borrower shall have a claim for direct (but not consequential) damage suffered by it, to the extent finally
determined by a court of competent jurisdiction to have been caused by (x) the Issuing Lender’s gross negligence or willful misconduct in determining whether documents presented under any Letter of Credit complied with the terms of such
Letter of Credit or (y) the Issuing Lender’s failure to pay under any Letter of Credit after the presentation to it of documents strictly complying with the terms and conditions of the Letter of Credit. The parties agree that, with respect
to documents presented which appear on their face to be in substantial compliance with the terms of a Letter of Credit, the Issuing Lender may, in its discretion, either accept and make payment upon such documents without responsibility for further
investigation, regardless of any notice or information to the contrary, or refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such Letter of Credit. 

  
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 (iii) Nothing in this subsection (e) is intended to limit the obligations of
the Borrower under any other provision of this Agreement. To the extent the Borrower does not indemnify an Issuing Lender as required by this subsection, the Revolving Lenders agree to do so ratably in accordance with their Applicable Percentages.

 (f) Stop Issuance Notice. If the Required Revolving Lenders reasonably determine at any time that the conditions set forth
in Section 3.02 would not be satisfied in respect of a Borrowing at such time, then the Required Revolving Lenders may request that the Administrative Agent issue a “Stop Issuance Notice”, and the Administrative
Agent shall issue such notice to each Issuing Lender. Such Stop Issuance Notice shall be promptly withdrawn upon a determination by the Required Revolving Lenders that the circumstances giving rise thereto no longer exist. No Letter of Credit shall
be issued while a Stop Issuance Notice is in effect. The Required Revolving Lenders may request issuance of a Stop Issuance Notice only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request from the
Borrower for withdrawal of the same on the basis that the conditions in Section 3.02 are satisfied, provided that the Administrative Agent and the Issuing Lenders may and shall conclusively rely upon any Stop Issuance Notice while it
remains in effect.  
 Section 2.17. Defaulting Lenders. Notwithstanding any provision of this Agreement to the
contrary, if any Lender becomes a Defaulting Lender, then the following provisions shall apply for so long as such Lender is a Defaulting Lender: 

(a) Fees shall cease to accrue on the unused portion of the Revolving Commitment (if any) of such Defaulting Lender pursuant to
Section 2.11(a). 
 (b) The Credit Exposure(s) of such Defaulting Lender shall not be included in determining whether the Required
Lenders, the Required Revolving Lenders or the Required Term Lenders have taken or may take any action hereunder (including any consent to any amendment, waiver or other modification pursuant to Section 9.07); it being understood that this
clause (b) shall not affect the rights of a Defaulting Lender in the case of an amendment, waiver or other modification under Section 9.07(a)(i), Section 9.07(a)(ii) or Section 9.07(a)(iii). 

(c) If such Lender is a Revolving Lender and any Letter of Credit Liabilities exist at the time such Lender becomes a Defaulting Lender, then:

 (i) provided no Event of Default shall have occurred and be continuing, all or a portion of the Letter of Credit
Liabilities of such Defaulting Lender shall be reallocated among the Non-Defaulting Revolving Lenders in accordance with their respective Applicable Percentages, but only to the extent that the sum of all Non-Defaulting Revolving Lenders’
Outstanding Revolving Committed Amounts plus 

  
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such Defaulting Lender’s Letter of Credit Liabilities does not exceed the total of all Non-Defaulting Revolving Lenders’ Revolving Commitments; 

(ii) if the reallocation described in clause (i) above cannot, or can only partially, be effected, the Borrower shall,
within one Domestic Business Day following notice by the Administrative Agent, Cash Collateralize for the benefit of the Issuing Lender only the Borrower’s obligations corresponding to such Defaulting Lender’s Letter of Credit Liabilities
(after giving effect to any partial reallocation pursuant to clause (i) above) until the earlier of the first date upon which (A) such Letter of Credit Liabilities shall no longer be outstanding, (B) such Lender shall no longer be a
Defaulting Lender hereunder (whether pursuant to this Section 2.17 or Section 9.01 hereof), and (C) such Defaulting Lender shall provide Cash Collateral in respect of such Letter of Credit Liabilities. Upon the occurrence of any of
the events described in subclauses (A) – (C) above, or upon any partial reduction of such Letter of Credit Liabilities, the Administrative Agent shall promptly return to the Borrower any Cash Collateral provided by the Borrower in
respect of such Letter of Credit Liabilities (or, following any partial reduction of such Letter of Credit Liabilities, such ratable portion thereof), together with any interest accrued thereon; 

(iii) the Borrower shall not be required to pay any fees to any Defaulting Lender pursuant to Section 2.11(a) or
Section 2.11(b) with respect to such Defaulting Lender’s Letter of Credit Liabilities unless, and solely to the extent, that such Defaulting Lender has provided Cash Collateral in respect of such Letter of Credit Liabilities; 

(iv) if all or any portion of the Letter of Credit Liabilities of any Defaulting Lender is reallocated pursuant to clause
(i) above, then the letter of credit fees payable to each Non-Defaulting Revolving Lender pursuant to Section 2.11(b) shall be adjusted to include amounts owing in respect of the Letter of Credit Liabilities so reallocated to such
Non-Defaulting Revolving Lender; and 
 (v) if all or any portion of such Defaulting Lender’s Letter of Credit
Liabilities is neither reallocated nor Cash Collateralized by the Borrower and/or such Defaulting Lender pursuant to clause (i) or (ii) above, then, without prejudice to any rights or remedies of the Issuing Lender or any other party
hereunder, all facility fees that otherwise would have been payable to such Defaulting Lender (solely with respect to the portion of such Defaulting Lender’s Revolving Commitment that was utilized by such Letter of Credit Liabilities) and
letter of credit fees payable under Section 2.11(b) with respect to such Defaulting Lender’s Letter of Credit Liabilities that have not been so reallocated or Cash Collateralized shall be payable to the Issuing Lender until and to the
extent 

  
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that such Letter of Credit Liabilities are so reallocated and/or Cash Collateralized. 

(d) So long as any Revolving Lender is a Defaulting Lender, the Issuing Lender shall not be required to issue, amend or increase any Letter of
Credit, unless it is satisfied that the related exposure and such Defaulting Lender’s then outstanding Letter of Credit Liabilities will be 100% covered by the Revolving Commitments of the Non-Defaulting Revolving Lenders and/or Cash
Collateralized by the Borrower in accordance with Section 2.17(c), and participating interests in any newly issued or increased Letter of Credit shall be allocated among Non-Defaulting Revolving Lenders in a manner consistent with
Section 2.17(c)(i)(and such Defaulting Lender shall not participate therein). 
 (e) In the event that the Administrative Agent,
the Borrower and (in the case of a Defaulting Lender that is a Revolving Lender) each Issuing Lender agree that such Defaulting Lender has adequately remedied all matters that caused such Lender to be a Defaulting Lender, then (i) such Lender
shall cease to be Defaulting Lender and (ii) if such Lender is a Revolving Lender, the Letter of Credit Liabilities of the Revolving Lenders shall be readjusted to reflect the inclusion of such Lender’s Revolving Commitment, and on such
date such Lender shall purchase at par such of the Revolving Loans of the other Revolving Lenders as the Administrative Agent shall determine may be necessary in order for such Revolving Lender to hold such Revolving Loans in accordance with its
Applicable Percentage; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower while such Lender was a Defaulting Lender; and provided, further, that
except to the extent otherwise expressly agreed by the affected parties, no cessation of such Lender’s Defaulting Lender status hereunder will constitute a waiver or release of any claim of any party hereunder arising from such Lender’s
having been a Defaulting Lender. 
 Section 2.18. Reverse Dutch Auction Repurchases. 

(a) Notwithstanding anything to the contrary contained in this Agreement, the Borrower may at any time and from time to time conduct
reverse Dutch auctions in order to purchase Term Loans (each, an “Auction”) (each Auction to be managed exclusively by J.P. Morgan Securities LLC or another investment bank of recognized standing elected by the Borrower following
consultation with the Administrative Agent (in such capacity, the “Auction Manager”)), so long as the following conditions are satisfied: 

(i) each Auction shall be conducted in accordance with the procedures, terms and conditions set forth in this Section 2.18
the Auction Procedures; 

  
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 (ii) no Event of Default shall have occurred and be continuing on the date of the
delivery of each Auction Notice and at the time of purchase of any Term Loans in connection with any Auction, and the Borrower shall have delivered to the Administrative Agent a certificate signed by an officer of the Borrower confirming compliance
with this sub-section (ii); 
 (iii) the maximum principal amount (calculated on the face amount thereof) of all Term Loans
that the Borrower offers to purchase in any such Auction shall be no more than $15,000,000 (unless another amount is agreed to by the Administrative Agent); 

(iv) after giving effect to any purchase of Term Loans pursuant to this Section 2.18, the sum of (x) the unutilized
Total Revolving Commitments and (y) the aggregate amount of all unrestricted cash and Temporary Cash Investments of the Borrower and its Consolidated Subsidiaries less (z) the aggregate amount of long-term Debt of the Borrower and its
Consolidated Subsidiaries (other than the Term Loans) coming due within twelve months, shall not be less than $250,000,000; 

(v) the aggregate principal amount (calculated on the face amount thereof) of all Term Loans so purchased by the Borrower shall
automatically be cancelled and retired by the Borrower on the settlement date of the relevant purchase (and may not be resold); 

(vi) no more than one Auction may be ongoing at any one time; 

(vii) the aggregate principal amount of all Term Loans purchased pursuant to Section 2.18 and Section 2.19 shall not
exceed $250,000,000; and 
 (viii) the Borrower represents and warrants that it shall have no material non-public
information (“MNPI”) that both (A) has not been previously disclosed in writing to the Administrative Agent and the Lenders (other than because such Lender does not wish to receive such MNPI) prior to such time and
(B) could reasonably be expected to have a material effect upon, or otherwise be material to, a Lender’s decision to participate in the Auction. 

(b) The Borrower must terminate an Auction if it fails to satisfy one or more of the conditions set forth above which are required to be met
at the time which otherwise would have been the time of purchase of Term Loans pursuant to the respective Auction. If the Borrower commences any Auction (and all relevant requirements set forth above which are required to be satisfied at the time of
the commencement of the respective Auction have in fact been satisfied), and if at 

  
 41 

 
such time of commencement the Borrower reasonably believes that all required conditions set forth above which are required to be satisfied at the time of the purchase of Term Loans pursuant to
such Auction shall be satisfied, then the Borrower shall have no liability to any Lender for any termination of the respective Auction as a result of its failure to satisfy one or more of the conditions set forth above which are required to be met
at the time which otherwise would have been the time of purchase of Term Loans pursuant to the respective Auction, and any such failure shall not result in any Default hereunder. With respect to all purchases of Term Loans made by the Borrower
pursuant to this Section 2.18, (x) the Borrower shall pay on the settlement date of each such purchase all accrued and unpaid interest (except to the extent otherwise set forth in the relevant offering documents), if any, on the purchased
Term Loans up to the settlement date of such purchase and (y) such purchases (and the payments made by the Borrower and the cancellation of the purchased Term Loans, in each case in connection therewith) shall not constitute voluntary or
mandatory payments or prepayments for purposes of Section 2.06, Section 2.09 or Section 2.14. 
 (c) The
Administrative Agent and the Lenders hereby consent to the Auctions and the other transactions contemplated by this Section 2.18 (provided that no Lender shall have an obligation to participate in any such Auctions) and hereby waive the
requirements of any provision of this Agreement (including, without limitation, Section 2.06, Section 2.09, Section 2.14, Section 9.05, Section 9.06 and Section 9.08 (it being understood and acknowledged that purchases
of the Term Loans by the Borrower contemplated by this Section 2.18 shall not constitute Investments by the Borrower)) that may otherwise prohibit any Auction or any other transaction contemplated by this Section 2.18. The Auction Manager
acting in its capacity as such hereunder shall be entitled to the benefits of the provisions of Article 7 and Section 9.04 mutatis mutandis as if each reference therein to the “Administrative Agent” were a reference to the
Auction Manager, and the Administrative Agent shall cooperate with the Auction Manager as reasonably requested by the Auction Manager in order to enable it to perform its responsibilities and duties in connection with each Auction. 

Section 2.19. Open Market Purchases. 

(a) Notwithstanding anything to the contrary contained in this Agreement, the Borrower may at any time and from time to time make open
market purchases of Term Loans (each, an “Open Market Purchase”), so long as the following conditions are satisfied: 

(i) no Event of Default shall have occurred and be continuing on the date of such Open Market Purchase, and the Borrower shall
have delivered to the Administrative Agent a certificate signed by an officer of the Borrower confirming compliance with this sub-section (i); 

  
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 (ii) after giving effect to any purchase of Term Loans pursuant to this
Section 2.19, the sum of (x) the unutilized Total Revolving Commitments and (y) the aggregate amount of all unrestricted Cash and Temporary Cash Investments of the Borrower less (z) the aggregate amount of long-term Debt of the
Borrower and its Consolidated Subsidiaries (other than the Term Loans) coming due within twelve months, shall not be less than $250,000,000; 

(iii) the aggregate principal amount (calculated on the face amount thereof) of all Term Loans so purchased by the Borrower
shall automatically be cancelled and retired by the Borrower on the settlement date of the relevant purchase (and may not be resold); and 

(iv) the aggregate principal amount of all Term Loans purchased pursuant to Section 2.18 and Section 2.19 shall not
exceed $250,000,000. 
 (b) With respect to all purchases of Term Loans made by the Borrower pursuant to this Section 2.19,
(x) the Borrower shall pay on the settlement date of each such purchase all accrued and unpaid interest, if any, on the purchased Term Loans up to the settlement date of such purchase (except to the extent otherwise set forth in the relevant
purchase document as agreed by the respective selling Lender) and (y) such purchases (after the payments made by the Borrower and the cancellation of the purchased Term Loans, in each case in connection therewith) shall not constitute voluntary
or mandatory payments or prepayments for purposes of Section 2.06, Section 2.09 or Section 2.14. 
 (c) The Administrative
agent and the Lenders hereby consent to the Open Market Purchases contemplated by this Section 2.19 and hereby waive the requirements of any provision of this Agreement (including, without limitation, Section 2.06, Section 2.09,
Section 2.14, Section 9.05, Section 9.06 and Section 9.08 (it being understood and acknowledged that purchases of the Term Loans by the Borrower contemplated by this Section 2.19 shall not constitute Investments by the
Borrower)) that may otherwise prohibit any Open Market Purchase by this Section 2.19. 
 ARTICLE 3 

CONDITIONS 

Section 3.01. Effectiveness. The Commitments shall become effective upon receipt by the Administrative Agent of the
following documents, each dated the Effective Date unless otherwise indicated: 
 (a) counterparts hereof signed by each of the
parties hereto (or, in the case of any party as to which an executed counterpart shall not have been 

  
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received, receipt by the Administrative Agent in form satisfactory to it of telegraphic, telex or other written confirmation from such party of execution of a counterpart hereof by such party);

 (b) an opinion of Skadden, Arps, Slate, Meagher & Flom LLP, counsel for the Borrower, and an opinion of Robinson
Bradshaw & Hinson, North Carolina counsel for the Borrower, in each case addressed to the Administrative Agent and each Lender and in form and substance reasonably satisfactory to the Administrative Agent; 

(c) all documents the Administrative Agent may reasonably request relating to the existence of the Borrower, the corporate authority for and
the validity of this Agreement and any Notes, all in form and substance reasonably satisfactory to the Administrative Agent; and 
 (d)
evidence reasonably satisfactory to the Administrative Agent that all principal of and interest on any loans outstanding under, and all accrued fees under, the Existing Credit Facility, and all fees then due in accordance with the fee letters dated
November 6, 2013, shall have been paid in full. 
 The Administrative Agent shall promptly notify the Borrower and the Lenders
of the Effective Date, and such notice shall be conclusive and binding on all parties hereto. The Lenders that are parties to the Existing Credit Facility, constituting the “Required Lenders” under the Existing Credit Facility, and
the Borrower agree that (i) the commitments under the Existing Credit Facility shall terminate automatically on the Effective Date without need for further action by any party to the Existing Credit Facility and (ii) all requirements of
notice for any prepayment under the Existing Credit Agreement necessary to satisfy the conditions stated in Section 3.01(d) or the termination of commitments pursuant to clause (i) above are hereby waived. 

Section 3.02. Borrowings and Issuances of Letters of Credit. The obligation of any Lender to make a Loan and the obligation of the
Issuing Lender to issue (or renew or extend the term of) any Letter of Credit are each subject to the satisfaction of the following conditions: 

(a) receipt (or deemed receipt pursuant to Section 2.16(d)(ii)) by the Administrative Agent of a Notice of Borrowing as required by
Section 2.02 or receipt by the Issuing Lender of a Notice of Issuance as required by Section 2.16, as the case may be; 
 (b) in
the case of a Revolving Borrowing, Competitive Bid Borrowing or the issuance of a Letter of Credit, the fact that, immediately after such Borrowing or issuance of such Letter of Credit (i) the Total Outstanding Revolving Amount will not exceed
the Total Revolving Commitments, and (ii) the aggregate amount of Letter of Credit Liabilities will not exceed $50,000,000; 

  
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 (c) the fact that, immediately before and after such Borrowing or issuance of such Letter of
Credit, no Default shall have occurred and be continuing; and 
 (d) the fact that, except as otherwise described by the Borrower in a
writing to the Administrative Agent and waived by the Required Lenders, the representations and warranties of the Borrower contained in this Agreement (except, in the case of any Borrowing or issuance subsequent to the Effective Date, the
representations and warranties set forth in Sections 4.04(c), 4.05, 4.06, 4.08, 4.13 and 4.14) shall be true in all material respects on and as of the date of such Borrowing or issuance, except to the extent they expressly relate to an earlier date
in which case they shall be true in all material respects as of such earlier date. 
 Each Borrowing and issuance of a Letter of Credit hereunder shall be
deemed to be a representation and warranty by the Borrower on the date of such Borrowing or issuance as to the facts specified in clauses 3.02(c) and 3.02(d). 

ARTICLE 4 

REPRESENTATIONS AND WARRANTIES 

The Borrower represents and warrants that: 

Section 4.01. Corporate Existence and Power. Each of the Borrower and its Restricted Subsidiaries is a corporation duly
organized and validly existing under the laws of the state of its incorporation, is in good standing therein, and is duly qualified to transact business in all jurisdictions where such qualification is necessary, except for such jurisdictions where
the failure to be so qualified or licensed will not be reasonably likely to have a Material Adverse Effect; the Borrower has corporate power to enter into and perform this Agreement; and the Borrower has the corporate power to borrow and issue Notes
as contemplated by this Agreement. 
 Section 4.02. Corporate Authorization; No Contravention. The execution,
delivery and performance by the Borrower of this Agreement and the Notes (i) are within the corporate powers of the Borrower, (ii) have been duly authorized by all necessary corporate action and (iii) do not contravene, or constitute
a default under, (x) any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Borrower or (y) of any agreement, judgment, injunction, order, decree or other instrument binding upon the Borrower
or any of its Subsidiaries, if such contravention or default would be reasonably likely to have a Material Adverse Effect, or (iv) result in the creation or imposition of any Lien on any asset of the Borrower or any of its Subsidiaries which
would be reasonably likely to have a Material Adverse Effect. 

  
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 Section 4.03. Binding Effect. This Agreement and any Notes constitute valid
and binding agreements of the Borrower enforceable against the Borrower in accordance with their respective terms, except to the extent limited by bankruptcy, reorganization, insolvency, moratorium and other similar laws of general application
relating to or affecting the enforcement of creditors’ rights or by general equitable principles. 

Section 4.04. Financial Information. (a) The consolidated balance sheet of the Borrower and its Consolidated
Subsidiaries as of December 31, 2012 and the related consolidated statements of earnings and cash flows for the fiscal year then ended, reported on by Ernst & Young LLP and set forth in the Borrower’s 2012 Form 10-K, fairly
present in all material respects, in conformity with generally accepted accounting principles, the consolidated financial position of the Borrower and its Consolidated Subsidiaries as of such date and their consolidated results of operations and
cash flows for such fiscal year. 
 (b) The unaudited consolidated balance sheet of the Borrower and its Consolidated Subsidiaries as
of September 30, 2013 and the related unaudited consolidated statements of earnings and cash flows for the nine months then ended, set forth in the Borrower’s Form 10-Q for September 30, 2013 and for the period of nine months then
ended filed with the Securities and Exchange Commission, a copy of which has been delivered to each of the Lenders, fairly present in all material respects, in conformity with generally accepted accounting principles applied on a basis consistent
with the financial statements referred to in subsection (a) of this Section, the consolidated financial position of the Borrower and its Consolidated Subsidiaries as of such date and their consolidated results of operations and cash flows for
such nine-month period (subject to normal year-end adjustments). 
 (c) Since December 31,
2012, there has been no change in the consolidated financial condition of the Borrower and its Consolidated Subsidiaries which would be reasonably likely to have a Material Adverse Effect. 

Section 4.05. Litigation. There are no suits, actions or proceedings pending, or to the knowledge of any member of the
Borrower’s legal department threatened against the Borrower or any Subsidiary, the adverse determination of which is reasonably likely to occur, and if so adversely determined would be reasonably likely to have a Material Adverse Effect. 

Section 4.06. Taxes. The Borrower and each Subsidiary have filed all material tax returns which to the knowledge of any member of
the Borrower’s tax department were required to be filed and have paid or have adequately provided for all taxes shown thereon to be due, including any interest and penalties accrued thereon, except for (i) those not yet delinquent,
(ii) those the nonpayment of which would not be reasonably likely to have a Material Adverse Effect and (iii) those being contested in good faith. 

  
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 Section 4.07. Margin Regulations. No part of the proceeds of any Loan or
Letter of Credit will be used in a manner which would violate, or result in a violation of, Regulation U. 

Section 4.08. Compliance with Laws. The Borrower and its Restricted Subsidiaries are in compliance in all material respects
with all applicable laws, rules and regulations, other than such laws, rules and regulations (i) the validity or applicability or which the Borrower or such Subsidiary is contesting in good faith or (ii) the failure to comply with which
would not be reasonably likely to have a Material Adverse Effect. 
 Section 4.09. Governmental Approvals. No
consent, approval, authorization, permit or license from, or registration or filing with, any Governmental Authority is required in connection with the making of this Agreement, with the exception of routine periodic filings made under the Exchange
Act and such consents, approvals, authorizations, permits, licenses, registrations or filings which have already been completed or obtained. 

Section 4.10. Pari Passu Obligations. Under applicable United States laws (including state and local laws) in force at the
date hereof, the claims and rights of the Lenders and the Administrative Agent against the Borrower under this Agreement and the Notes will not be subordinate to, and will rank at least pari passu with, the claims and rights of any other
unsecured creditors of the Borrower (except to the extent provided by bankruptcy, reorganization, insolvency, moratorium or other similar laws of general application relating to or affecting the enforcement of creditors’ rights and by general
principles of equity). 
 Section 4.11. No Defaults. The payment obligations of the Borrower and its Restricted
Subsidiaries in respect of any Material Debt are not overdue (after giving effect to any cure period or period of grace applicable thereunder). 

Section 4.12. Full Disclosure. All information (it being understood that such information shall be deemed to include all recent
filings on Form 10-K and Form 10-Q and any filing on Form 8-K, or posted on the Borrower’s website, filed or posted since the Borrower’s most recent filing on Form 10-Q) furnished to the Lenders in writing prior to the date hereof in
connection with the transactions contemplated hereby does not, collectively, contain any material misstatement of a material fact or omit to state a material fact necessary to make the statements contained therein (when furnished and taken as a
whole), in the light of the circumstances under which they were made, not misleading in any material respect on and as of the date hereof (as modified or supplemented by other information that has been or is simultaneously so furnished);
provided that, with respect to projected financial information (including financial estimates, forecasts and other forward-looking information), the Borrower represents only that such information was prepared in good faith based upon
assumptions believed to be reasonable at the time (it being understood that such forecasts and 

  
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projections may vary from actual results and that such variances may be material); and provided, further, that for purposes of this Section 4.12, such information shall not
include information of a general economic or general industry nature. 
 Section 4.13. ERISA. Each member of the ERISA Group has
fulfilled its obligations under the minimum funding standards of ERISA and the Internal Revenue Code with respect to each Plan and is in substantial compliance in all material respects with the presently applicable material provisions of ERISA and
the Internal Revenue Code with respect to each Plan. No member of the ERISA Group has (i) sought a waiver of the minimum funding standard under Section 412 of the Internal Revenue Code in respect of any Plan, (ii) failed to make any
contribution or payment to any Plan or Multiemployer Plan or made any amendment to any Plan which, in either case has resulted or could result in the imposition of a material Lien or the posting of a material bond or other material security under
ERISA or the Internal Revenue Code or (iii) incurred any material liability under Title IV of ERISA other than a liability to the PBGC for premiums under Section 4007 of ERISA. 

Section 4.14. Environmental Matters. The Financial Statements described in Section 4.04(a) provide certain information
regarding environmental matters related to properties currently owned by the Borrower or its Restricted Subsidiaries, previously owned properties, and other properties. Since December 31, 2012, environmental matters have not caused any material
adverse change in the consolidated financial condition of the Borrower and the Consolidated Subsidiaries from that shown by such Financial Statements. 

To the knowledge of the Borrower, ongoing operations at the Principal Properties are currently being conducted in substantial compliance with
applicable Environmental Laws except to the extent that noncompliance would not be reasonably likely to have a Material Adverse Effect. 

Section 4.15. Regulatory Restrictions on Borrowing. The Borrower is not an “investment company” within the
meaning of the Investment Company Act of 1940, as amended, or otherwise subject to any regulatory scheme which restricts its ability to incur debt. 

Section 4.16. Legal Status. The Borrower (i) is not identified on the SDN List, (ii) is not a Sanctioned Person,
(iii) does not have more than 15% of its assets in Sanctioned Countries, and (iv) does not derive more than 15% of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Countries. No part of the
proceeds of any Loan or Letter of Credit will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country. 

  
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 The Borrower is in compliance with the Foreign Corrupt Practices Act, 15 U.S.C. §§
78dd-1, et seq., and any foreign counterpart thereto. The Borrower has not made a payment, offering, or promise to pay, or authorized the payment of, money or anything of value (i) in order to assist in obtaining or retaining business for or
with, or directing business to, any foreign official, foreign political party, party official or candidate for foreign political office, (ii) to a foreign official, foreign political party or party official or any candidate for foreign
political office, or (iii) with the intent to induce the recipient to misuse his or her official position to direct business wrongfully to the Borrower in violation of the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq.

 ARTICLE 5 

COVENANTS 
 From
the Effective Date and so long as any Lender has any Credit Exposure hereunder, the Borrower agrees that, unless the Required Lenders shall otherwise consent in writing: 

Section 5.01. Information. The Borrower will deliver to the Administrative Agent which will deliver to each of the Lenders: 

(a) as soon as available and in any event within 60 days after the end of each of its first three quarterly accounting periods in each fiscal
year, consolidated statements of earnings and cash flows of the Borrower and the Consolidated Subsidiaries for the period from the beginning of such fiscal year to the end of such fiscal period and the related consolidated balance sheet of the
Borrower and the Consolidated Subsidiaries as at the end of such fiscal period, all in reasonable detail (it being understood that delivery of such statements as filed with the Securities and Exchange Commission shall be deemed to satisfy the
requirements of this subsection) and accompanied by a certificate in the form attached hereto as Exhibit F signed by a financial officer of the Borrower stating that such consolidated financial statements fairly present in all material
respects the consolidated financial condition and results of operations of the Borrower and the Consolidated Subsidiaries as of the end of such period and for the period involved, subject, however, to year-end audit adjustments, and that such
officer has no knowledge, except as specifically stated, of any Default; 
 (b) as soon as available and in any event within 120 days after
the end of each fiscal year, consolidated statements of earnings and cash flows of the Borrower and the Consolidated Subsidiaries for such year and the related consolidated balance sheets of the Borrower and the Consolidated Subsidiaries as at the
end of such year, all in reasonable detail and accompanied by (i) an opinion of an independent public accountant of recognized standing selected by the Borrower as to such consolidated financial statements (it being understood that delivery of
such statements as filed with the Securities and Exchange Commission 

  
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shall be deemed to satisfy the requirements of this subsection), and (ii) a certificate in the form attached hereto as Exhibit F signed by a financial officer of the Borrower stating
that such consolidated financial statements fairly present in all material respects the consolidated financial condition and results of operations of the Borrower and the Consolidated Subsidiaries as of the end of such year and for the year involved
and that such officer has no knowledge, except as specifically stated, of any Default; 
 (c) promptly after their becoming available: 

(i) copies of all financial statements, stockholder reports and proxy statements that the Borrower shall have sent to its
stockholders generally; and 
 (ii) copies of all registration statements filed by the Borrower under the Securities Act of
1933, as amended (other than registration statements on Form S-8 or any registration statement filed in connection with a dividend reinvestment plan), and regular and periodic reports, if any, which the Borrower shall have filed with the Securities
and Exchange Commission (or any governmental agency or agencies substituted therefor) under Section 13 or Section 15(d) of the Exchange Act, or with any national or international securities exchange (other than those on Form 11-K or any
successor form); 
 (d) from time to time, with reasonable promptness, such further information regarding the business and financial
condition of the Borrower and its Subsidiaries as any Lender may reasonably request through the Administrative Agent; 
 (e) prompt notice
of the occurrence of any Default; and 
 (f) prompt notice of all litigation and of all proceedings before any governmental or regulatory
agency pending (or, to the knowledge of the General Counsel of the Borrower, threatened) and affecting the Borrower or any Restricted Subsidiary, except litigation or proceedings which, if adversely determined, would not be reasonably likely to have
a Material Adverse Effect. 
 Each set of financial statements delivered pursuant to Section 5.01(a) or 5.01(b) shall be accompanied by
or include the computations showing, in the form attached hereto as Exhibit F, whether the Borrower was, at the end of the relevant fiscal period, in compliance with the provisions of Section 5.09. 

Section 5.02. Payment of Obligations. The Borrower will pay and discharge, and will cause each Restricted Subsidiary to pay
and discharge, all material taxes, assessments and governmental charges or levies imposed upon it or upon its income or profits, or upon any property belonging to it, prior to the date on which penalties attach thereto, and all lawful material
claims which, if  

  
 50 

 
unpaid, might become a Lien upon the property of the Borrower or such Restricted Subsidiary; provided that neither the Borrower nor any such Restricted Subsidiary shall be required to
pay any such tax, assessment, charge, levy or claim (i) the payment of which is being contested in good faith and by proper proceedings, (ii) not yet delinquent or (iii) the non-payment of which, if taken in the aggregate, would not
be reasonably likely to have a Material Adverse Effect. 
 Section 5.03. Insurance. The Borrower will maintain, and will
cause each Restricted Subsidiary to maintain, insurance from responsible companies in such amounts and against such risks as is reasonable, taking into consideration the practices of businesses in the same line of business or of similar size as the
Borrower or such Restricted Subsidiary, or, to a reasonable extent, self-insurance. 
 Section 5.04. Maintenance of
Existence. The Borrower (i) will preserve and maintain, and will cause each Restricted Subsidiary to preserve and maintain, its corporate existence and (ii) will take all reasonable action to preserve and maintain all of its rights,
privileges and franchises necessary or desirable in the normal conduct of its business, except to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect, provided, however, that nothing
herein contained shall prevent the termination of the business or corporate existence of any Restricted Subsidiary which in the judgment of the Borrower is no longer necessary or desirable, a merger or consolidation of a Restricted Subsidiary into
or with the Borrower (if the Borrower is the surviving corporation) or another Subsidiary or any other merger, consolidation or transfer of assets that is not prohibited by Section 5.07, as long as immediately after giving effect to any such
transaction, no Event of Default shall have occurred and be continuing. 
 Section 5.05. Maintenance of
Properties. The Borrower will keep, and will cause each Restricted Subsidiary to keep, all of its tangible properties necessary, in the judgment of the Borrower, in its business in good working order and condition (ordinary wear and tear, and
damage caused by casualty, excepted), except to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect. Nothing in this Section 5.05 shall prevent the Borrower or any Restricted Subsidiary from
discontinuing the operation or maintenance, or both the operation and maintenance, of any properties of the Borrower or any such Restricted Subsidiary if such discontinuance is, in the judgment of the Borrower (or such Restricted Subsidiary),
desirable in the conduct of its business. 
 Section 5.06. Compliance with Laws. The Borrower will comply, and
will cause each Restricted Subsidiary to comply, with the requirements of all applicable laws, rules, regulations, and orders of any Governmental Authority (including Environmental Laws and ERISA), a breach of which would be reasonably likely to
have a Material Adverse Effect, except where contested in good faith and by proper proceedings.  

  
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 Section 5.07. Mergers, Consolidations and Sales of Assets. (a) The
Borrower will not consolidate with or merge into any other Person or convey or transfer its properties and assets substantially as an entirety to any Person, unless: 

(i) the Borrower or a Consolidated Subsidiary that is incorporated under the laws of the United States, any state thereof or
the District of Columbia is the surviving corporation of any such consolidation or merger or is the Person that acquires by conveyance or transfer the properties and assets of the Borrower substantially as an entirety; 

(ii) if a Consolidated Subsidiary is the surviving corporation or is the Person that acquires the property and assets of the
Borrower substantially as an entirety, it shall expressly assume the performance of every covenant of this Agreement and of the Notes on the part of the Borrower to be performed or observed; 

(iii) immediately after giving effect to such transaction, no Default shall have occurred and be continuing; and 

(iv) if the Borrower is not the surviving entity, the Borrower has delivered to the Administrative Agent an Officer’s
Certificate and a legal opinion of its General Counsel, Associate General Counsel or Assistant General Counsel, upon the express instruction of the Borrower for the benefit of the Administrative Agent and the Lenders, each stating that such
transaction complies with this Section and that all conditions precedent herein provided for relating to such transaction have been complied with. 

(b) Upon any consolidation by the Borrower with, or merger by the Borrower into, a Consolidated Subsidiary, the result of which is that such
Consolidated Subsidiary is the surviving entity, or any conveyance or transfer of the properties and assets of the Borrower substantially as an entirety to a Consolidated Subsidiary, the Consolidated Subsidiary into which the Borrower is merged or
consolidated or to which such conveyance or transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Borrower, as the case may be, under this Agreement with the same effect as if such Consolidated
Subsidiary had been named as the Borrower, as the case may be, herein, and thereafter, in the case of a transfer or conveyance permitted by Section 5.07(a), the Borrower shall be relieved of all obligations and covenants under this Agreement
and the Notes. 
 Section 5.08. Negative Pledge. Neither the Borrower nor any Restricted Subsidiary will create, assume
or suffer to exist any Lien on any asset now owned or hereafter acquired by it, except: 

  
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 (a) Liens existing on the date of this Agreement; 

(b) Liens securing Debt of a Restricted Subsidiary owing to the Borrower or to another Restricted Subsidiary; 

(c) any Lien existing on any asset of any person at the time such person becomes a Subsidiary and not created in contemplation of such event;

 (d) any Lien on any asset securing Debt incurred or assumed for the purpose of financing all or any part of the cost of acquiring
such asset (and/or, in the case of the acquisition of a business, any Lien on the equity and/or assets of the acquired entity), provided that such Lien attaches to such asset concurrently with or within 180 days after the acquisition
thereof; 
 (e) any Lien on any asset of any person existing at the time such person is merged or consolidated with or into the
Borrower or a Restricted Subsidiary and not created in contemplation of such event; 
 (f) any Lien existing on any asset prior to the
acquisition thereof by the Borrower or a Subsidiary and not created in contemplation of such acquisition; 
 (g) any Lien arising out
of the refinancing, extension, renewal or refunding of any Debt secured by any Lien permitted by any of the foregoing clauses of this Section, provided that such Debt is not increased and is not secured by any additional assets; 

(h) Liens in favor of any customer (including any Governmental Authority) to secure partial, progress, advance or other payments or
performance pursuant to any contract or statute or to secure any related indebtedness or to secure Debt guaranteed by a Governmental Authority; 

(i) Liens incurred in the ordinary course of business not securing Debt that do not impair in any material respect the usefulness in the
business of the Borrower and its Restricted Subsidiaries of the assets to which such Liens attach; 
 (j) carriers’,
warehousemen’s, mechanics’, materialmen’s, suppliers’ or other similar Liens, in each case arising in the ordinary course of business securing obligations which are not overdue for a period of more than 30 days or are being
contested in good faith by appropriate proceedings; 
 (k) Liens for taxes, assessments or governmental charges or levies, in each case
arising in the ordinary course of business securing obligations which are not overdue or are being contested in good faith by appropriate proceedings; 

(l) Liens arising by operation of law in favor of any lender to the Borrower or any Restricted Subsidiary in the ordinary course of business
constituting a banker’s lien or right of offset in moneys of the Borrower or a 

  
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Restricted Subsidiary deposited with such lender in the ordinary course of business; 

(m) licenses or sublicenses of intellectual property in the ordinary course of business; 

(n) the interests of lessees, lessors, licensees and licensors under leases, subleases, licenses or sublicenses, as applicable, in, and the
interest of managers or operators with respect to, real or personal property made in the ordinary course of business; 
 (o) deposits to
secure the performance of bids, trade contracts and leases (other than Debt), statutory obligations, surety bonds (other than bonds related to judgments or litigation), performance bonds and other obligations of a like nature incurred in the
ordinary course of business; 
 (p) Liens solely on any cash earnest money deposits made by the Borrower or any of its Restricted
Subsidiaries in connection with any letter of intent or purchase agreement; 
 (q) Liens securing judgments for the payment of money not
constituting an Event of Default under Section 6.01(j) or securing appeal bonds in respect of appeals being prosecuted in good faith; 

(r) pledges and deposits in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other
social security or retirement benefits legislation or similar law or regulations; 
 (s) Liens arising out of a conditional sale, title
retention, consignment or similar arrangement for the sale of goods entered into by the Borrower or any of its Restricted Subsidiaries in the ordinary course of business; 

(t) Liens that are contractual rights of set-off (i) relating to the establishment of depositary relations with banks or other financial
institutions not given in connection with the issuance of Debt, (ii) relating to pooled deposit or sweep accounts of the Borrower or any of its Restricted Subsidiaries to permit satisfaction of overdraft or similar obligations incurred in the
ordinary course of business of the Borrower or any of its Restricted Subsidiaries or (iii) relating to agreements other than in connection with Debt or Derivatives Obligations entered into by the Borrower or any of its Restricted Subsidiaries;

 (u) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with
the importation of goods in the ordinary course of business; 

  
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 (v) Liens on cash and cash equivalents securing Derivatives Obligations, provided that the
aggregate amount of cash and cash equivalents subject to such Liens may at no time exceed $50,000,000; 
 (w) Liens securing Debt equally
and ratably securing the Loans and such Debt; provided that the Required Lenders may, in their sole discretion, refuse to take any Lien on any asset (which refusal will not limit the Borrower’s or any Restricted Subsidiary’s ability
to incur a Lien otherwise permitted by this Section 5.08(w)); such Lien may equally and ratably secure the Loans and any other obligation of the Borrower or any of its Subsidiaries, other than an obligation that is subordinated to the Loans;

 (x) Liens securing contingent obligations in an aggregate principal amount not to exceed $25,000,000; and 

(y) Liens not otherwise permitted by the foregoing clauses of this Section securing obligations in an aggregate principal or face amount at
any date not to exceed at the time of incurrence the greater of 12.5% of Consolidated Net Worth and $100,000,000. 
 For the avoidance of
doubt, the creation of a security interest arising solely as a result of, or the filing of UCC financing statements in connection with, any sale by the Borrower or any of its Subsidiaries of accounts receivable not prohibited by Section 5.07
shall not constitute a Lien prohibited by this covenant. 
 Section 5.09. Leverage Ratio. The Leverage Ratio shall not exceed
3.50 to 1.00 as of the last day of any fiscal quarter; provided that if (i) Consolidated Debt has increased in connection with a Specified Acquisition that has been consummated within such fiscal quarter or the fiscal quarter immediately
prior to such fiscal quarter, (ii) as a consequence of such Specified Acquisition, the rating of long-term unsecured debt of the Borrower has not been suspended, withdrawn or fallen below BBB by Standard & Poor’s (a division of
The McGraw-Hill Companies, Inc.) or Baa2 by Moody’s Investors Service, Inc. and (iii) the Borrower has stated in the compliance certificate delivered pursuant to Section 5.01(a) for such fiscal quarter that the conditions set forth in
clauses (i) and (ii) above have been satisfied (and specifying the date of such Specified Acquisition), then, the additional Consolidated Debt incurred in connection with such Specified Acquisition shall be excluded from Consolidated Debt
for purposes of calculating the Leverage Ratio, but only if the Leverage Ratio determined at such time but calculated without giving effect to such exclusion does not exceed 3.75 to 1.00. 

For purposes of this Section 5.09, a “Specified Acquisition” means any single acquisition by the Borrower or a
Subsidiary of the Borrower of any Person (the “Target”) that (x) is in the same line or lines of business as the Borrower or in the judgment of the Borrower is related to such line or lines of business and (y) such Target’s
board of directors has not objected to such acquisition. 

  
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 Section 5.10. Use of Loans. The Borrower will use the proceeds of the Loans or
Letters of Credit for any lawful corporate purposes. 
 Section 5.11. Investments. Neither the Borrower nor any Restricted
Subsidiary will hold, make or acquire any Investment in any Person other than: 
 (a) (i) Investments in Temporary Cash Investments,
(ii) other Investments permitted by the Borrower’s cash investment policy as in effect as of the date of this Agreement, and (iii) other Investments in cash or cash equivalents from time to time approved by the Board of Directors of
the Borrower; 
 (b) Investments comprised of debt consideration received in connection with the sale of assets (including any extensions,
renewals and modifications thereof); 
 (c) (i) Investments existing on the date of this Agreement or (ii) which the Borrower or
any Restricted Subsidiary has, as of the date of this Agreement, committed to make and which are set forth on Schedule 5.11(c), including in each case any extensions, renewals and modifications thereof; 

(d) Investments in any Restricted Subsidiary; 

(e) Investments in any Subsidiary that is not a Restricted Subsidiary or guaranties of obligations of any Subsidiary that is not a Restricted
Subsidiary, if the principal business of such Subsidiary on the date of the making of such Investment or after giving effect to such Investment is either (i) the same line or lines of business as the Borrower or (ii) in the judgment of the
Borrower related to such line or lines of business (it being understood that Schedule 5.11(d) contains a nonexhaustive list of certain related businesses); 

(f) Investments by any Restricted Subsidiary in the Borrower; 

(g) advances to officers, directors and employees of the Borrower and its Restricted Subsidiaries in an aggregate amount not to exceed
$5,000,000 at any time outstanding; 
 (h) Investments consisting of extensions of credit in the nature of accounts receivable or notes
receivable arising from the grant of trade credit in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled account debtors and other debtors; 

(i) Investments (including debt obligations and capital stock) received in connection with the bankruptcy or reorganization of any Person and
in settlement of obligations of, or other disputes with, such Persons arising in the ordinary course of business and upon the foreclosure with respect to any secured Investments or other transfer of title with respect to any secured Investment; 

  
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 (j) bank deposits and prepaid expenses made in the ordinary course of business; 

(k) Investments in Derivatives Transactions made for bona fide hedging purposes; 

(l) Investments with respect to performance bonds, bankers’ acceptances, workers’ compensation claims, surety or appeal bond
payments, obligations in connection with self insurance or similar obligations and bank overdrafts; 
 (m) additional Investments not
otherwise included in the foregoing clauses of this Section 5.11 if, after giving effect to such Investment, the outstanding amount (computed by taking the difference of (x) the original cash purchase price of all such Investments less
(y) the sum of (i) all payments (including interest and dividends) and repayments of principal or capital plus (ii) all proceeds from the sale of such Investment) of all Investments permitted by this clause Section 5.11(m) does
not exceed 22.5% of Consolidated Net Worth. 
 Section 5.12. Transactions with Affiliates. The Borrower will not, and will not
permit any Restricted Subsidiary to, directly or indirectly, pay any funds to or for the account of, make any investment (whether by acquisition of stock or indebtedness, by loan, advance, transfer of property, guarantee or other agreement to pay,
purchase or service, directly or indirectly, any Debt, or otherwise) in, lease, sell, transfer or otherwise dispose of any assets, tangible or intangible, to, or participate in, or effect, any transaction with, any Affiliate except
(i) transactions on an arms-length basis on terms at least as favorable to the Borrower or such Restricted Subsidiary than could have been obtained from a third party who was not an Affiliate, and (ii) transactions described in this
Section 5.12 that would not be reasonably likely to have a Material Adverse Effect. 
 ARTICLE 6 

DEFAULTS 

Section 6.01. Event of Default. If one or more of the following events (“Events of Default”) shall have occurred
and be continuing: 
 (a) the Borrower shall fail to pay any principal of any Loan or any Reimbursement Obligation when due or any
Reimbursement Obligation Default shall occur; 
 (b) the Borrower shall fail to pay within 5 days of the due date thereof (i) any
facility fee or (ii) interest on any Loan; 

  
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 (c) the Borrower shall fail to pay within 30 days after a request for payment by any Lender
acting through the Administrative Agent any other amount that becomes due and payable under the terms of this Agreement; 
 (d) the Borrower
shall fail to observe or perform any agreement contained in Section 5.01(e) or Section 5.07 through 5.11 (and, with respect to Section 5.10 and 5.11, such failure shall have continued for 10 days after notice thereof has been given to
the Borrower by the Administrative Agent at the request of the Required Lenders); 
 (e) the Borrower shall fail to observe or perform any
covenant or agreement contained in this Agreement (other than those covered by clauses (a) through (d) above) for 30 days after notice thereof has been given to the Borrower by the Administrative Agent at the request of the Required
Lenders; 
 (f) any representation, warranty or certification made by the Borrower in this Agreement or in any certificate or notice
delivered pursuant to the terms of this Agreement shall prove to have been incorrect in any material respect when made and such deficiency shall remain unremedied for five days after notice thereof shall have been given to the Borrower by the
Administrative Agent at the request of the Required Lenders; 
 (g) any Material Financial Obligations shall become due before stated
maturity by the acceleration of the maturity thereof by reason of default, or any Material Financial Obligations shall become due by its terms and shall not be paid (after giving effect to any grace period with respect thereto) and, in any case
aforesaid in this clause (g), corrective action satisfactory to the Required Lenders shall not have been taken within 5 days after written notice of the situation shall have been given to the Borrower by the Administrative Agent at the request of
the Required Lenders; 
 (h) the Borrower or any Restricted Subsidiary shall commence a voluntary case or other proceeding seeking
liquidation, reorganization or other relief with respect to itself or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other
similar official of it or any substantial part of its property, or shall consent to any such relief or to the appointment of or taking possession by any such official in an involuntary case or other proceeding commenced against it, or shall make a
general assignment for the benefit of creditors, or shall fail generally to pay its debts as they become due, or shall take any corporate action to authorize any of the foregoing; 

(i) an involuntary case or other proceeding shall be commenced against the Borrower or any Restricted Subsidiary seeking liquidation,
reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a 

  
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trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and
unstayed for a period of 90 days; or an order for relief shall be entered against the Borrower or any Restricted Subsidiary under the federal bankruptcy laws as now or hereafter in effect; 

(j) a final judgment for the payment of money in excess of $50,000,000 shall have been entered against the Borrower or any Restricted
Subsidiary, and the Borrower or such Subsidiary shall not have satisfied the same within 60 days, or caused execution thereon to be stayed within 60 days, and such failure to satisfy or stay such judgment shall remain unremedied for 5 days after
notice thereof shall have been given to the Borrower by the Administrative Agent at the request of the Required Lenders; 
 (k) a final
judgment either (1) requiring termination or imposing liability (other than for premiums under Section 4007 of ERISA) under Title IV of ERISA in respect of, or requiring a trustee to be appointed under Title IV of ERISA to administer, any
Plan or Plans having aggregate Unfunded Liabilities in excess of $50,000,000 or (2) in an action relating to a Multiemployer Plan involving a current payment obligation in excess of $50,000,000, which judgment, in either case, has not been
satisfied or stayed within 60 days and such failure to satisfy or stay is unremedied for 5 days after notice thereof shall have been given to the Borrower by the Administrative Agent at the request of the Required Lenders; or 

(l) any person or group of persons (within the meaning of Section 13 or 14 of the Securities Exchange Act of 1934, as amended) shall have
acquired beneficial ownership (within the meaning of Rule 13d-3 promulgated by the Securities and Exchange Commission under said Act) of 35% or more of the outstanding shares of common stock of the Borrower; or during any two-year period,
individuals who at the beginning of such period constituted the Borrower’s Board of Directors (together with any new director whose election by the Board of Directors or whose nomination for election by the shareholders of the Borrower was
approved by a vote of at least two-thirds of the directors then in office who either were directors as the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason to constitute a
majority of the directors then in office; 
 then, and in every such event, the Administrative Agent shall, if requested by the Required Lenders (or, in the
case of (i), after termination of the Term Commitments, if so requested by the Required Revolving Lenders), (i) by notice to the Borrower terminate the Commitments and they shall thereupon terminate, and (ii) by notice to the Borrower
declare the Loans, interest accrued thereon and all other amounts payable hereunder to be, and the same shall thereupon become, immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby
waived by the Borrower; provided that 

  
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in the event of (A) the filing by the Borrower of a petition, or (B) an actual or deemed entry of an order for relief with respect to the Borrower, in each case under the federal
bankruptcy laws as now or hereafter in effect, without any notice to the Borrower or any other act by the Administrative Agent or the Lenders, the Commitments shall thereupon terminate and the Loans, interest accrued thereon and all other amounts
payable hereunder shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower. 

Section 6.02. Cash Cover. The Borrower agrees, in addition to the provisions of Section 6.01 hereof, that upon the occurrence
and during the continuance of any Event of Default, it shall, if requested by the Administrative Agent upon the instruction of the Required Lenders, Cash Collateralize all Letters of Credit then outstanding at such time, provided that, in the
event of (A) the filing by the Borrower of a petition, or (B) an actual or deemed entry of an order for relief with respect to the Borrower, in each case under the federal bankruptcy laws as now or hereafter in effect, the Borrower shall
do so forthwith without any notice or demand or any other act by the Administrative Agent or the Lenders. 
 ARTICLE 7 

THE ADMINISTRATIVE AGENT 

Section 7.01. Appointment and Authorization. Each Lender irrevocably appoints and authorizes the Administrative Agent to take such
action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto;
provided, however, that the Administrative Agent shall not commence any legal action or proceeding before a court of law on behalf of any Lender without such Lender’s prior written consent. 

Section 7.02. Administrative Agent and Affiliates. JPMorgan Chase Bank, N.A. shall have the same rights and powers under this
Agreement as any other Lender and may exercise or refrain from exercising the same as though it were not the Administrative Agent, and JPMorgan Chase Bank, N.A. and its affiliates may accept deposits from, lend money to, and generally engage in any
kind of business with the Borrower or any Subsidiary or affiliate of the Borrower as if it were not the Administrative Agent. The term “Lender” or “Lenders” shall, unless expressly indicated, include JPMorgan Chase Bank, N.A.
(and any successor acting as Administrative Agent) in its capacity as a Lender. 
 Section 7.03. Action by Administrative Agent.
The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall 

  
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not be required to take any action with respect to any Default, except as expressly provided in Article 6. 

Section 7.04. Consultation with Experts. The Administrative Agent may consult with legal counsel (who may be counsel for the
Borrower), independent public accountants and other experts selected by it and shall not be liable to any Lender for any action taken or omitted to be taken by it in good faith in accordance with the advice of such counsel, accountants or experts.

 Section 7.05. Liability of Administrative Agent. Neither the Administrative Agent nor any of its affiliates nor any of their
respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with the consent or at the request of the Required Lenders or (ii) in the absence of its own gross
negligence or willful misconduct. Neither the Administrative Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify
(i) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (ii) the performance or observance of any of the covenants or agreements of the Borrower; (iii) the satisfaction of any
condition specified in Article 3, except receipt of items required to be delivered to the Administrative Agent; or (iv) the validity, effectiveness or genuineness of this Agreement, the Notes or any other instrument or writing furnished in
connection herewith. The Administrative Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement, or other writing (which may be a bank wire, telex, facsimile transmission or similar writing)
believed by it to be genuine or to be signed by the proper party or parties. Without limiting the generality of the foregoing, the use of the term “agent” in this Agreement with reference to the Administrative Agent is not intended
to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom and is intended to create or reflect only an administrative
relationship between independent contracting parties. 
 Section 7.06. Indemnification. Each Lender shall, ratably in accordance
with its Credit Exposure, indemnify the Administrative Agent and each Issuing Lender, its affiliates and their respective directors, officers, agents and employees (to the extent not reimbursed by the Borrower) against any cost, expense (including
reasonable counsel fees and disbursements), claim, demand, action, loss or liability (except such as result from such indemnitees’ gross negligence or willful misconduct) that such indemnitees may suffer or incur in connection with this
Agreement or any action taken or omitted by such indemnitees hereunder. 
 Section 7.07. Credit Decision. Each Lender
acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender, and based on such documents and information as it has deemed 

  
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appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent
or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking any action under this Agreement. 

Section 7.08. Successor Administrative Agents. The Administrative Agent may resign at any time by giving notice thereof to the
Lenders and the Borrower. Upon any such resignation, the Borrower shall, so long as no Event of Default shall have occurred and be continuing, have the right, with the consent of the Required Lenders, to appoint any of the Lenders as a successor
Administrative Agent. In the event that a Default has occurred and is continuing, the Required Lenders shall have the right to appoint the successor Administrative Agent. If no successor Administrative Agent shall have been so appointed, and shall
have accepted such appointment, within 60 days after the retiring Administrative Agent gives notice of resignation, the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent, which shall be a
commercial bank organized or licensed under the laws of the United States of America or of any State thereof and having a combined capital and surplus of at least $50,000,000. Upon the acceptance of its appointment as an Administrative Agent
hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be
discharged from its duties and obligations hereunder as Administrative Agent. After any retiring Administrative Agent’s resignation hereunder as Administrative Agent, the provisions of this Article shall inure to its benefit as to any actions
taken or omitted to be taken by it while it was Administrative Agent. 
 Section 7.09. Administrative Agent’s Fees. The
Borrower shall pay to the Administrative Agent for its own account fees in the amounts and at the times previously agreed upon between the Borrower and the Administrative Agent. 

Section 7.10. Other Agents. Nothing in this Agreement shall impose upon any Agent other than the Administrative Agent, in its
capacity as such an Agent, any obligation or liability whatsoever. 
 ARTICLE 8 

CHANGE IN CIRCUMSTANCES 

Section 8.01. Increased Cost and Reduced Return; Capital Adequacy. (a) If after (x) the date hereof, in the case of any
Committed Loan or Letter of Credit or any obligation to make Committed Loans or issue or participate in any Letter of Credit, or (y) the date of the related Competitive Bid Quote, in the case of any

  
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Competitive Bid Loan, a Change in Law shall impose, modify or deem applicable any reserve, special deposit, assessment (excluding any taxes or similar assessments, which shall be governed
exclusively by Section 8.04) or similar requirement (including, without limitation, any such requirement imposed by the Board of Governors of the Federal Reserve System pursuant to Regulation D or otherwise, as herein provided) against assets
of, deposits with or for the account of, or credit extended by, any Lender or shall impose on any Lender or the London interbank market any other condition affecting its Fixed Rate Loans, its Note or its obligations to make Fixed Rate Loans or its
obligations hereunder in respect of Letters of Credit and the result of any of the foregoing is to increase the cost to such Lender (or its Applicable Lending Office) of making or maintaining any Fixed Rate Loan or of issuing or participating in any
Letter of Credit, or to reduce the amount of any sum received or receivable by such Lender under this Agreement or under its Note, by an amount deemed by such Lender to be material, then, within 15 days after written demand therefor made through the
Administrative Agent, in the form of the certificate referred to in Section 8.01(c), the Borrower shall pay to such Lender such additional amount or amounts as will compensate such Lender for such increased cost or reduction; provided
that the Borrower shall not be required to pay any such compensation with respect to any period prior to the 30th day before the date of any such demand. 

(b) Without limiting the effect of Section 8.01(a) (but without duplication), if any Lender determines at any time after the date on
which this Agreement becomes effective that a Change in Law will have the effect of increasing the amount of capital or liquidity required to be maintained by such Lender (or its Parent) based on the existence of such Lender’s Loans, Commitment
and/or other obligations hereunder, then the Borrower shall pay to such Lender, within 15 days after its written demand therefor made through the Administrative Agent in the form of the certificate referred to in Section 8.01(c), such
additional amounts as shall be required to compensate such Lender for any reduction in the rate of return on capital of such Lender (or its Parent) as a result of such increased capital or liquidity requirement; provided that the Borrower
shall not be required to pay any such compensation with respect to any period prior to the 30th day before the date of any such demand; provided further, however, that to the extent (i) a Lender shall increase its level of capital
above the level maintained by such Lender on the date of this Agreement and there has not been a Change in Law or (ii) there has been a Change in Law and a Lender shall increase its level of capital by an amount greater than the increase
attributable (taking into consideration the same variables taken into consideration in determining the level of capital maintained by such Lender on the date of this Agreement) to such Change in Law, the Borrower shall not be required to pay any
amount or amounts under this Agreement with respect to any such increase in capital. Thus, for example, a Lender which is “adequately capitalized” (as such term or any similar term is used by any applicable bank regulatory agency having
authority with respect to such Lender) may not require the Borrower to make payments in respect of increases in such Lender’s level of capital made under the 

  
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circumstances described in clause (i) or (ii) above which improve its capital position from “adequately capitalized” to “well capitalized” (as such term or any
similar term is used by any applicable bank regulatory agency having authority with respect to such Lender). 
 (c) Each Lender will
promptly notify the Borrower, through the Administrative Agent, of any event of which it has knowledge, occurring after the date on which this Agreement becomes effective, which will entitle such Lender to compensation pursuant to this
Section 8.01 and will designate a different Applicable Lending Office if such designation will avoid the need for, or reduce the amount of, such compensation and will not, in the sole judgment of such Lender, be otherwise disadvantageous to
such Lender. A certificate of any Lender claiming compensation under this Section 8.01 and setting forth the additional amount or amounts to be paid to it hereunder and setting forth the basis for the determination thereof shall be conclusive
in the absence of manifest error. In determining such amount, such Lender shall act reasonably and in good faith, and may use any reasonable averaging and attribution methods. 

Section 8.02. Substitute Rate. Anything herein to the contrary notwithstanding, if, in the case of Euro-Dollar Loans or
Competitive Bid LIBOR Loans, within two Euro-Dollar Business Days prior to the first day of an Interest Period none of the Reference Banks is, for any reason whatsoever, being offered Dollars for deposit in the relevant market for a period and
amount relevant to the computation of the rate of interest on a Fixed Rate Loan for such Interest Period, the Administrative Agent shall give the Borrower and each Lender prompt notice thereof. Upon receipt of such notice, the Borrower may revoke
any pending request for a Borrowing of, conversion to or continuation of Euro-Dollar Loans or Competitive Bid LIBOR Loans or, failing that, any such request for Euro-Dollar Loans will be deemed to have converted such request into a request for Base
Rate Loans in the amount specified therein and any affected Competitive Bid LIBOR Loans shall bear interest for the Interest Period applicable thereto at the Base Rate. 

Section 8.03. Illegality. (a) Notwithstanding any other provision herein, if, after the date on which this Agreement becomes
effective, a Change in Law shall make it unlawful or impossible for any Lender to (i) honor any Commitment it may have hereunder to make any Euro-Dollar Loan, then such Commitment shall be suspended, or (ii) maintain any Euro-Dollar Loan,
then all Euro-Dollar Loans of such Lender then outstanding shall be converted into Base Rate Loans as provided in Section 8.03(b), and any remaining Commitment of such Lender hereunder to make Euro-Dollar Loans (but not other Loans) shall be
immediately suspended, in either case until such Lender may again make and/or maintain Euro-Dollar Loans (as the case may be), and borrowings from such Lender, at a time when borrowings from the other Lenders are to be of Euro-Dollar Loans, shall be
made, simultaneously with such borrowings from the other Lenders, by way of Base Rate Loans. Upon the occurrence of any such change, 

  
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such Lender shall promptly notify the Borrower thereof (with a copy to the Administrative Agent), and shall furnish to the Borrower in writing evidence thereof certified by such Lender. Before
giving any notice pursuant to this Section 8.03, such Lender shall designate a different Applicable Lending Office if such designation will avoid the need for giving such notice and will not, in the sole reasonable judgment of such Lender, be
otherwise disadvantageous to such Lender. 
 (b) Any conversion of any outstanding Euro-Dollar Loan or an outstanding Competitive Bid Loan
which is required under this Section 8.03 shall be effected immediately (or, if permitted by applicable law, on the last day of the Interest Period therefor). 

(c) Notwithstanding any other provision herein, if, after the date on which any Competitive Bid LIBOR Loan is made, a Change in Law shall make
it unlawful or impossible for the applicable Lender to maintain such Competitive Bid LIBOR Loan for the remaining term of the Interest Period applicable thereto, then such Lender shall promptly notify the Borrower thereof (with a copy to the
Administrative Agent), and such Competitive Bid LIBOR Loan shall bear interest at the Base Rate for the balance of the Interest Period applicable thereto. 

Section 8.04. Taxes on Payments. (a) All payments pursuant to this Agreement shall be made free and clear of and without any
deduction or withholding for or on account of any present and future taxes, assessments or governmental charges imposed on the Administrative Agent or any Lender by the United States, or any political subdivision or taxing authority thereof or
therein (“Taxes”), excluding, in the case of the Administrative Agent and each Lender, (w) Taxes imposed on its net income, branch profit taxes and franchise or similar Taxes imposed in lieu of net income Taxes by the
jurisdiction (or any political subdivision thereof) under the laws of which it is organized or doing business (other than solely pursuant to this Agreement) or in which its principal office is located or, in the case of any Lender, in which its
Applicable Lending Office is located, (x) backup withholding tax that is required by Section 3406 of the Internal Revenue Code (or any successor provision thereto) to be withheld from amounts payable to the Administrative Agent or such
Lender, (y) any withholding tax that is attributable to such Lender’s failure to comply with Sections 8.04(d) and (h) and Taxes or special assessments of any kind measured by or imposed as a result of the extent and nature of the
Administrative Agent’s or such Lender’s activities, assets, liabilities, leverage, other exposures to risk, or other similar factors and (z) Taxes imposed pursuant to FATCA (all such non-excluded Taxes being hereinafter called
“Indemnified Taxes”), except as expressly provided in this Section 8.04. If any Indemnified Taxes are imposed and required by law to be deducted or withheld from any amount payable by the Borrower or the Administrative Agent (the
“Withholding Agent”) to the Administrative Agent or to any Lender, then (1) the Borrower shall increase the amount of such payment so that the Administrative Agent or such Lender, as the case may be, will receive

  
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a net amount (after deduction of all Indemnified Taxes) equal to the amount due hereunder, (2) the Withholding Agent shall pay such Indemnified Taxes to the appropriate Governmental
Authority for the account of the Administrative Agent or such Lender, as the case may be, and (3) as promptly as possible thereafter, the Withholding Agent shall send the Administrative Agent or such Lender, as the case may be, evidence of
original or certified copy of a receipt showing payment thereof, together with such additional documentary evidence as such Lender may from time to time reasonably require. If the Borrower fails to perform its obligations under (2) or
(3) above, the Borrower shall indemnify the Administrative Agent or such Lender for any incremental taxes, interest or penalties that may become payable as a result of any such failure. 

(b) The Borrower shall indemnify the Administrative Agent and each Lender against any present or future transfer taxes, stamp or documentary
taxes, excise or property taxes, assessments or charges made by any Governmental Authority by reason of the execution, delivery, registration or enforcement of this Agreement or any Notes (hereinafter referred to as “Other Taxes”).

 (c) The Borrower shall indemnify the Administrative Agent and each Lender, within 10 days after demand therefor, for the full amount of
any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section 8.04) payable or paid by such Administrative Agent or Lender and any reasonable expenses arising therefrom or with
respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender (with a
copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error. 

(d) Subject to subsection (d) below, each Lender that is a foreign person (i.e. a person who is not a “United States person”
within the meaning of Section 7701(a)(30) of the Internal Revenue Code) agrees to deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such
Lender becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent), unless the Lender is not legally entitled to do so, whichever of the following is applicable: (i) duly
executed originals of Internal Revenue Service Form W-8BEN claiming eligibility for benefits of an income tax treaty to which the United States is a party, (ii) duly executed originals of Internal Revenue Service Form W-8ECI, (iii) in the
case of a Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Internal Revenue Code, (x) a certificate, in substantially the form of Exhibit G, or any other form approved by the Borrower
and the Administrative Agent, to the effect that such Lender is not (A) a “bank” within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code, (B) a “10 percent shareholder” of

  
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Borrower within the meaning of Section 881(c)(3)(B) of the Internal Revenue Code, or (C) a “controlled foreign corporation” described in Section 881(c)(3)(C) of the
Internal Revenue Code and (y) duly executed originals of Internal Revenue Service Form W-8BEN, (iv) in the case of a Lender that is not the beneficial owner of payments made under this Agreement (including a partnership) (A) executed
originals of IRS Form W-8IMY on behalf of itself and (B) the relevant forms prescribed in clauses (i), (ii), (iii), and (v) of this paragraph (d) that would be required of each beneficial owner (or partner) if the beneficial owner (or
partner) were a Lender; provided, however, that if the Lender is a partnership and one or more of its partners are claiming the exemption for portfolio interest under Section 881(c) of the Internal Revenue Code, the Lender may provide the
certificate required under paragraph (iii) above on behalf of such partners; and (v) any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in United States federal withholding tax duly completed
together with such supplementary documentation as may be prescribed by applicable law to permit Borrower or the Administrative Agent to determine the withholding or deduction required to be made. The Borrower and the Administrative Agent shall each
be entitled to rely on such forms in its possession until receipt of any revised or successor form pursuant to the preceding sentence. 

(e) If a Lender (including the Administrative Agent in its capacity as a Lender) at the time it first becomes a party to this Agreement (or
because of a change in an Applicable Lending Office) is subject to a United States interest withholding tax rate in excess of zero, withholding tax at such rate shall be considered excluded from Indemnified Taxes, except to the extent that, pursuant
to Section 8.04(a), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its Applicable Lending Office. 

(f) If the Borrower is required to pay additional amounts to or for the account of any Lender (including the Administrative Agent in its
capacity as a Lender) pursuant to this Section 8.04, then such Lender will change the jurisdiction of one or more Applicable Lending Offices so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, in
the judgment of such Lender, does not result in an unreimbursed cost and is not otherwise disadvantageous to such Lender. 
 (g) If any
party determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been indemnified pursuant to this Section 8.04 (including additional amounts paid pursuant to this
Section 8.04), it shall pay to the indemnifying party an amount equal to such refund (but only to the extent of indemnity payments made under this Section with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses
(including any Taxes) of such indemnified party and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified

  
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party, shall repay to such indemnified party the amount paid to such indemnified party pursuant to the previous sentence (plus any penalties, interest or other charges imposed by the relevant
Governmental Authority with respect to such refund) in the event such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this Section 8.04(g), in no event will any
indemnified party be required to pay any amount to any indemnifying party pursuant to this Section 8.04(g) if such payment would place such indemnified party in a less favorable position (on a net after-Tax basis) than such indemnified party
would have been in if the indemnification payments or additional amounts giving rise to such refund had never been paid. This Section 8.04(g) shall not be construed to require any indemnified party to make available its Tax returns (or any
other information relating to its Taxes which it deems confidential) to the indemnifying party or any other Person. 
 (h) Any Lender that
is a “United States person” within the meaning of Section 7701(a)(30) of the Internal Revenue Code shall deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this
Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent), executed originals of Internal Revenue Service form W-9 certifying, to the extent such Lender is legally entitled to do so, that such Lender
is exempt from U.S. Federal backup withholding tax. 
 (i) If a payment made to a Lender under this Agreement or any Assignment and
Assumption would be subject to U.S. federal withholding tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Internal
Revenue Code, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation
prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Internal Revenue Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the
Borrower and the Administrative Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment.
Solely for purposes of this Section 8.04(i), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

(j) Each Lender shall severally indemnify (i) the Administrative Agent for any Taxes (but only to the extent that the Borrower has not
already indemnified the Administrative Agent for such Taxes and without limiting the obligation of the Borrower to do so) and (ii) the Borrower for any Taxes (other than Indemnified Taxes and Other Taxes), in each case attributable to such

  
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Lender that are paid or payable by the Administrative Agent or the Borrower, respectively, in connection with this Agreement, and any reasonable expenses arising therefrom or with respect
thereto. This indemnification shall be made within 15 days from the date the Administrative Agent or the Borrower, respectively, makes demand therefor. 

ARTICLE 9 

MISCELLANEOUS 

Section 9.01. Termination of Participation of a Lender; New Lenders. (a) Notwithstanding any provision of this Agreement to
the contrary (including Section 9.05 and Section 9.06), (1) upon receipt of notice from any Lender for compensation or indemnification pursuant to Section 8.01(c) or Section 8.04, (2) upon receipt of notice that the
obligations of a Lender to make or maintain Euro-Dollar Loans has been suspended or (3) if a Lender shall become a Defaulting Lender, the Borrower shall have the right to terminate the Commitment in full of such Lender (a “Retiring
Lender”) (if still in existence) and to prepay all outstanding Loans of such Lender. Such termination and/or prepayment pursuant to this Section 9.01(a) shall be effective on the tenth Domestic Business Day following the date of a
notice thereof to the Retiring Lender through the Administrative Agent, subject to the satisfaction of the following conditions: 

(i) in the event that on such effective date there shall be any Loan(s) of the Retiring Lender outstanding hereunder, the
Borrower shall have prepaid on such date (x) the aggregate principal amount of such Loan(s) and (y) if and to the extent necessary, an additional aggregate principal amount of the Revolving Loans of the other Lenders such that, after
giving effect to clause (iii) below, no Lender’s Outstanding Revolving Committed Amount shall exceed its Revolving Commitment and the Total Outstanding Revolving Amount shall not exceed the Total Revolving Commitments; 

(ii) in addition to the payment of the principal of the Loans held by the Retiring Lender pursuant to clause (i) above,
the Borrower shall have paid such Retiring Lender all accrued interest thereon, and facility fee and any other amounts then payable to it hereunder, including, without limitation, all amounts payable by the Borrower to such Lender under
Section 2.14 by reason of the prepayment of Loans pursuant to clause (i) with respect to the period ending on such effective date; provided that the provisions of Section 8.01, Section 8.04 and Section 9.04 shall
survive for the benefit of any Retiring Lender; and 
 (iii) in the case of termination of a Revolving Commitment, the
respective Letter of Credit Liabilities of the Lenders shall be redetermined as of the effective date of such termination. 

  
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 Upon satisfaction of the conditions set forth in clauses (i), (ii) and (iii) above,
such Lender shall cease to be a Lender hereunder. 
 (b) In lieu of the termination of a Lender’s Commitment and/or prepayments of its
Loans pursuant to Section 9.01(a), the Borrower may notify the Administrative Agent that the Borrower desires to replace such Retiring Lender with a new bank or banks (which may be one or more of the Lenders), which will purchase the Loans and
(in the case of a Revolving Lender) assume the Commitment and Letter of Credit Liabilities of the Retiring Lender. Upon the Borrower’s selection of a bank to replace a Retiring Lender, such bank’s agreement thereto and the fulfillment of
the conditions to assignment and assumption set forth in Section 9.08(c)(iii) such bank shall become a Lender hereunder for all purposes in accordance with Section 9.08(c)(iii). 

Section 9.02. Notices. (a) All notices, requests and other communications to any party hereunder shall be in writing
(including bank wire, telex, facsimile transmission or similar writing) and shall be given to such party: (i) in the case of the Borrower or the Administrative Agent, at its address, facsimile number or telex number set forth on the signature
pages hereof, (ii) in the case of any Lender, at its address, facsimile number or telex number set forth in its Administrative Questionnaire or (iii) in the case of any party, such other address, facsimile number or telex number as such
party may hereafter specify for the purpose by notice to the Administrative Agent and the Borrower. Each such notice, request or other communication shall be effective (x) if given by telex, when such telex is transmitted to the telex number
specified in this Section and the appropriate answerback is received, (y) if given by facsimile transmission, when transmitted to the facsimile number specified in this Section and confirmation of receipt is received or (z) if given by any
other means, when delivered at the address specified in this Section. 
 (b) Notices and other communications to the Lenders hereunder may
be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, provided that the foregoing shall not apply to notices to any Lender
pursuant to Article 2 if such Lender has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication. The Administrative Agent or the Borrower may, in its discretion, agree to accept
notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications. 

(c) Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed
received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement); provided that if such
notice or other 

  
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communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next business day for
the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of
notification that such notice or communication is available and identifying the website address therefor. 
 Section 9.03. No
Waivers. No failure or delay by either Administrative Agent or any Lender in exercising any right, power or privilege hereunder or under any Note shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any
other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. 

Section 9.04. Expenses; Indemnification. (a) The Borrower shall pay (i) reasonable, documented out-of-pocket expenses,
including the reasonable fees and expenses of one special counsel for the Administrative Agent in connection with the preparation of this Agreement and (ii) if an Event of Default occurs, all reasonable, documented out-of-pocket expenses
incurred by the Administrative Agent and the Lenders, including reasonable fees and expenses of one outside counsel for the Administrative Agent and the Lenders (in addition to one local counsel in each applicable local jurisdiction if reasonably
necessary as determined by the Administrative Agent and, if the Administrative Agent or one or more Lenders shall determine in good faith that there is an actual conflict between its interests and the interests of the Lenders or other Lenders, as
the case may be, one additional counsel for each such Lender), in connection with such Event of Default and collection and other enforcement proceedings resulting therefrom. 

(b) The Borrower agrees to indemnify the Administrative Agent and each Lender, their respective affiliates and the respective directors,
officers, Administrative Agent and employees of the foregoing (each an “Indemnitee”) and hold each Indemnitee harmless from and against any and all liabilities, losses, damages, costs and reasonable expenses of any kind, including,
without limitation, the reasonable, documented fees and disbursements of one outside counsel selected by the Administration Agent for the Indemnitees (in addition to one local counsel in each applicable local jurisdiction if reasonably necessary as
determined by the Administrative Agent and, to the extent one or more Indemnitees shall determine in good faith that there is an actual conflict between its interests and the interests of other Indemnitees, one additional counsel for each such
Indemnitee), incurred by such Indemnitee in response to or in defense of any investigative, administrative or judicial proceeding brought or threatened against the Administrative Agent or any Lender relating to or arising out of this Agreement or
any actual or proposed use of proceeds of Loans; provided that no Indemnitee shall have the right to be indemnified hereunder (i) to the extent such indemnification relates to relationships between or among each of, or any of, the

  
 71 

 
Administrative Agent, the Lenders or any Assignee or Participant or (ii) for such Indemnitee’s own gross negligence or willful misconduct or any bad faith breach by such Indemnitee of
any of its material obligations hereunder as determined by a court of competent jurisdiction. 
 Section 9.05. Pro Rata
Treatment. Except as expressly provided in this Agreement with respect to Competitive Bid Loans or otherwise, (a) each borrowing from, and change in the Commitments of, the Lenders shall be made pro rata according to their respective
Commitments, and (b) each payment and prepayment on any Group of Loans shall be made to all applicable Lenders, pro rata in accordance with the unpaid principal amount of such Loans held by each of them. 

Section 9.06. Sharing of Set-offs. Each Lender agrees that if it shall, by exercising any right of set-off or counterclaim or
otherwise, receive payment of a proportion of the aggregate amount then due with respect to the Loans and Letter of Credit Liabilities held by it which is greater than the proportion received by any other Lender in respect of the aggregate amount
then due with respect to the Loans and Letter of Credit Liabilities held by such other Lender, the Lender receiving such proportionately greater payment shall purchase such participations in the Loans and Letter of Credit Liabilities held by the
other Lenders, and such other adjustments shall be made, as may be required so that all such payments shall be shared by the Lenders pro rata; provided nothing in this Section shall impair the right of any Lender to exercise any right of
set-off or counterclaim it may have and to apply the amount subject to such exercise to the payment of indebtedness of the Borrower other than its indebtedness under this Agreement. 

Section 9.07. Amendments and Waivers. Any provision of this Agreement or the Notes may be amended or waived if, but only if, such
amendment or waiver is in writing and is signed by the Borrower and the Required Lenders (and, if the rights or duties of any Agent or Issuing Lender are affected thereby, by it). Notwithstanding the foregoing, 

(a) no such amendment or waiver shall, unless signed by all affected Lenders (other than any Defaulting Lender if and as provided in
Section 2.17 or as otherwise set forth in this Section 9.07), 
 (i) increase any Commitment, 

(ii) reduce the principal of or rate of interest on any Loan or the amount to be reimbursed in respect of any Letter of Credit
or any interest thereon or any fees hereunder, 
 (iii) postpone the date fixed for any payment of principal of or interest
on any loan or for reimbursement in respect of any Letter of Credit 

  
 72 

 
or interest thereon or any fees hereunder or for termination of any Commitment; 

(iv) amend Section 9.08(c) to impose any additional requirements for Lender assignments; 

(v) subordinate the obligations of the Borrower hereunder in right of payment to any other Debt of the Borrower; or 

(vi) amend this Section 9.07, or any defined term used herein, so as to change the percentage of the aggregate amount of
Credit Exposures which shall be required for the Lenders or any of them to take any action under this Section or any other provision of this Agreement; 

(b) any amendment or waiver which affects solely the rights and obligations of the Revolving Lenders (including without limitation any
amendment or waiver of the conditions specified in Section 3.02 at any time subsequent to the Effective Date) shall be effective if and only if such amendment or waiver is in writing and is signed by the Borrower and the Required Revolving
Lenders; 
 (c) any amendment or waiver which affects solely the rights and obligations of the Term Lenders shall be effective if and only
if such amendment or waiver is in writing and is signed by the Borrower and the Required Term Lenders; 
 (d) this Agreement may be amended
with the written consent of the Administrative Agent, the Borrower and the Lenders providing the relevant Replacement Revolving Credit Facility (as defined below) to permit the refinancing or replacement of all Revolving Commitments with a
replacement facility under this Agreement (a “Replacement Revolving Credit Facility”); provided that (a) the aggregate amount of commitments under such Replacement Revolving Credit Facility shall not exceed the aggregate
amount of the replaced Revolving Commitments, (b) the maturity date of such Replacement Revolving Credit Facility shall not be earlier than the Termination Date and (c) the terms of such Replacement Revolving Credit Facility shall not
adversely affect the Term Loans (it being agreed that the pricing terms of a Replacement Revolving Credit Facility shall not be deemed to adversely affect the Term Loans). The Administrative Agent shall not unreasonably withhold its consent to a
Replacement Revolving Credit Facility. For the avoidance of doubt, a Replacement Revolving Credit Facility shall not require the consent of any Person other than the Administrative Agent, the Borrower and the Lenders providing such Replacement
Revolving Credit Facility; 
 (e) this Agreement may be amended with the written consent of the Administrative Agent, the Borrower and the
Lenders providing the relevant 

  
 73 

 
Replacement Term Facility (as defined below) to permit the refinancing of all Term Loans with a replacement facility under this Agreement (a “Replacement Term Facility”);
provided that (a) the aggregate amount of loans under such Replacement Term Facility shall not exceed the aggregate amount of the refinanced Term Loans, (b) the maturity date and weighted average life of such Replacement Term
Facility shall not be earlier or shorter than the refinanced Term Loans and (c) the terms of such Replacement Term Facility shall not adversely affect the Revolving Credit Exposures (it being agreed that the pricing terms of a Replacement Term
Facility shall not be deemed to adversely affect the Revolving Credit Exposures). The Administrative Agent shall not unreasonably withhold its consent to a Replacement Term Facility. For the avoidance of doubt, a Replacement Term Facility shall not
require the consent of any Person other than the Administrative Agent, the Borrower and the Lenders providing such Replacement Term Facility; and 

(f) The Borrower may, by written notice to the Administrative Agent from time to time, make one or more offers (each, a “Loan
Modification Offer”) to all Revolving Lenders or Term Lenders, as applicable, to make one or more amendments or modifications to (A) allow the maturity and scheduled amortization of the Loans and/or Commitments of Accepting Lenders (as
defined below) to be extended and (B) increase the pricing with respect to the Loans and Commitments of the Accepting Lenders (“Permitted Amendments”) pursuant to procedures reasonably specified by the Administrative Agent and
reasonably acceptable to the Borrower. Such notice shall set forth (i) the terms and conditions of the requested Permitted Amendment and (ii) the date on which such Permitted Amendment is requested to become effective. Permitted Amendments
shall become effective only with respect to the Loans and/or Commitments of the Lenders that accept the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting Lender, only with
respect to such Lender’s Loans and/or Commitments as to which such Lender’s acceptance has been made. The Borrower and each Accepting Lender shall execute and deliver to the Administrative Agent an agreement containing the terms of the
Permitted Amendments (a “Loan Modification Agreement”) and such other documentation as the Administrative Agent shall reasonably specify to evidence the acceptance of the Permitted Amendments and the terms and conditions thereof.
The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Loan Modification Agreement. Each of the parties hereto hereby agrees that, upon the effectiveness of any Loan Modification Agreement, this Agreement shall be
deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Permitted Amendment evidenced thereby and only with respect to the Loans and Commitments of the Accepting Lenders as to which such
Lenders’ acceptance has been made. 
 Section 9.08. Successors and Assigns; Participations; Novation. (a) This
Agreement shall be binding upon and inure to the benefit of the parties hereto and 

  
 74 

 
their respective successors and assigns; provided that, except in accordance with Section 5.04 and 5.07, the Borrower may not assign or transfer any of its rights or obligations under
this Agreement without the consent of all Lenders. 
 (b) Any Lender may, without the consent of the Borrower, but upon prior written
notification to the Borrower, at any time sell to one or more Eligible Institutions (each a “Participant”) participating interests in any Loan owing to such Lender, any Note held by such Lender, the Commitment of such Lender
hereunder, the Letter of Credit Liabilities of such Lender and any other interest of such Lender hereunder; provided that no prior notification to the Borrower is required in connection with the sale of a participating interest in a
Competitive Bid Loan. In the event of any such sale by a Lender of a participating interest to a Participant, such Lender’s obligations under this Agreement shall remain unchanged, such Lender shall remain solely responsible for the performance
thereof, such Lender shall remain the holder of its Note or Notes, if any, for all purposes under this Agreement and the Borrower and the Administrative Agent shall continue to deal solely and directly with such Lender in connection with such
Lender’s rights and obligations under this Agreement. Any agreement pursuant to which a Lender may grant such a participating interest shall provide that such Lender shall retain the sole right and responsibility to enforce the obligations of
the Borrower hereunder including, without limitation, the right to approve any amendment, modification or waiver of any provision of this Agreement; provided that such participation agreement may provide that such Lender will not agree to any
modification, amendment or waiver of this Agreement described in clause (i), (ii) or (iii) of Section 9.07(a) affecting such Participant without the consent of the Participant; provided further that such Participant shall be
bound by any waiver, amendment or other decision that all Lenders shall be required to abide by pursuant to a vote by Required Lenders. Subject to the provisions of Section 9.08(d), the Borrower agrees that each Participant shall, to the extent
provided in its participation agreement, be entitled (through the applicable Lender) to the benefits of Article 8 with respect to its participating interest; provided that such Participant shall be subject to Section 9.10 as though it
were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as an agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest)
of each Participant’s interest in the Loans or other obligations under this Agreement (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant
Register to any Person (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, or its other obligations under this Agreement) except to the extent that such disclosure is
necessary to establish that such commitment, loan, or other obligation is in registered form under Section 5f.103-(c) of the United States Treasury Regulations or, if different under Sections 871(h) or 881(c) of the Internal Revenue Code.
The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in 

  
 75 

 
the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. An assignment or other transfer which is not permitted
by subsection (c) or (f) below shall be given effect for purposes of this Agreement only to the extent of a participating interest granted in accordance with this subsection (b). 

(c) (i) Any Lender may at any time sell to one or more Eligible Institutions (each an “Assignee”) all or a portion of
its rights and obligations under this Agreement and the Notes. Each Assignee shall assume all such rights and obligations pursuant to an Assignment and Assumption Agreement. In no event shall (A) the Credit Exposure of any Class of a transferor
Lender or a transferee Lender (together with the Credit Exposure of such Class of any affiliate of such Lender), after giving effect to any sale pursuant to this subsection (c), be less than $5,000,000, except as may result upon the transfer by a
Lender of its Credit Exposure of any Class in its entirety, or (B) any sale pursuant to this subsection (c) result in the transferee Lender (together with its affiliates) holding more than 35% of the aggregate Credit Exposures, except to
the extent that the Borrower and the Administrative Agent’s consent to such sale. 
 (ii) No interest may be sold
by a Lender pursuant to this subsection (c) without the prior written consent of the Administrative Agent, the Issuing Lenders (solely in the case of Revolving Credit Exposure) and, so long as no Event of Default shall exist at the time, the
Borrower, which consents, in each case, shall not be unreasonably withheld, provided however that sales to an affiliate of such Lender, or to another Lender, will not require the consent of the Borrower. For the purposes of this subsection
(c)(ii), the withholding of consent by the Borrower shall not be deemed unreasonable if based solely upon the Borrower’s desire to (A) balance relative loan exposures to such Eligible Institution among all credit facilities of the Borrower
or (B) avoid payment of any additional amounts payable to such Eligible Institution under Article 8 which would arise from such assignment. The Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by
notice to the Administrative Agent within ten Domestic Business Days after having received notice thereof. 
 (iii) Upon
(A) execution of an Assignment and Assumption Agreement, (B) delivery by the transferor Lender of an executed copy thereof, together with notice that the payment referred to in clause (C) below shall have been made, to the Borrower
and the Administrative Agent and (C) payment by such Assignee to such transferor Lender of an amount equal to the purchase price agreed between such transferor Lender and such Assignee, such Assignee shall for all purposes be a Lender party to
this Agreement and shall have all the rights and obligations of a Lender under this Agreement to the same extent as if it were an original party hereto with a Credit Exposure as set forth in such Assignment and

  
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Assumption Agreement, and the transferor Lender shall be released from its obligations hereunder to a correspondent extent, and no further consent or action by the Borrower, the Lenders or the
Administrative Agents shall be required to effectuate such transfer. Each Assignee shall be bound by any waiver, amendment or other decision that all Lenders shall be required to abide by pursuant to a vote by Required Lenders. 

(iv) Upon the consummation of any transfer to an Assignee pursuant to this subsection (c), the transferor Lender, the
Administrative Agent and the Borrower shall make appropriate arrangements so that, if requested by the transferor Lender or the Assignee, a new Note or Notes shall be delivered from the Borrower to the transferor Lender and/or such Assignee. In
connection with any such assignment, the Assignee or the transferor Lender shall pay to the Administrative Agent an administrative fee for processing such assignment in the amount of $3,500. 

(d) No Assignee, Participant or other transferee (including any successor Applicable Lending Office) of any Lender’s rights shall be
entitled to receive any greater payment under Section 8.01 than such Lender would have been entitled to receive with respect to the rights transferred, unless such transfer is made with the Borrower’s prior written consent or by reason of
the provisions of Section 8.01 or Section 8.03 requiring such Lender to designate a different Applicable Lending Office under certain circumstances or at a time when the circumstances giving rise to such greater payment did not exist. 

(e) Each Lender may, upon the written consent of the Borrower, which consent shall not be unreasonably withheld, disclose to any
Participant or Assignee (each a “Transferee”) and any prospective Transferee any and all financial information in such Lender’s possession concerning the Borrower that has been delivered to such Lender by the Borrower pursuant
to this Agreement or that has been delivered to such Lender by the Borrower in connection with such Lender’s credit evaluation prior to entering into this Agreement, subject in all cases to agreement by such Transferee or prospective Transferee
to comply with the provisions of Section 9.15. 
 (f) Notwithstanding any provision of this Section 9.08 to the contrary,
any Lender may assign or pledge any of its rights and interests in the Loans to a Federal Reserve Bank without the consent of the Borrower. 

Section 9.09. Visitation. Subject to restrictions imposed by applicable security clearance regulations, the Borrower will upon
reasonable prior notice and at times mutually agreed during normal business hours permit representatives of any Lender at such Lender’s expense to visit any of its major properties; provided that unless an Event of Default shall have
occurred and be continuing, only one such visit shall be permitted in any fiscal year by all Lenders at all major properties. 

  
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 Section 9.10. Collateral. Each of the Lenders represents to the Administrative
Agent and each of the other Lenders that it in good faith is not relying upon any “margin stock” (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement. 

Section 9.11. Reference Banks. If any Reference Bank assigns its rights and obligations hereunder to an unaffiliated
institution, the Borrower shall, in consultation with the Administrative Agent, appoint another Lender to act as a Reference Bank hereunder. If any Lender which is also a Reference Bank becomes a Retiring Lender pursuant to the terms of this
Agreement, the Borrower may, in consultation with the Administrative Agent, appoint a replacement Reference Bank. 

Section 9.12. Governing Law; Submission to Jurisdiction. This Agreement and each Note shall be governed by and construed in
accordance with the internal laws of the State of New York. Each of the Borrower, the Administrative Agent, the Auction Manager and the Lenders hereby submits to the exclusive jurisdiction of the United States District Court for the Southern
District of New York and of any New York State Court sitting in New York for purposes of all legal proceedings arising out of or relating to this Agreement or the transactions contemplated hereby. Each of the Borrower, the Administrative Agent, the
Auction Manager and the Lenders irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to the laying of the venue of any such proceeding brought in such a court and any claim that any such
proceeding brought in such a court has been brought in an inconvenient forum. 
 Section 9.13. Counterparts;
Integration. This Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. This Agreement constitutes the entire
agreement and understanding among the parties hereto and supersedes any and all prior agreements and understandings, oral or written, relating to the subject matter hereof. 

Section 9.14. WAIVER OF JURY TRIAL. EACH OF THE BORROWER, THE AGENTS, THE AUCTION MANAGER AND THE LENDERS
HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

Section 9.15. Confidentiality. (a) Each Lender agrees, with respect to any information delivered or made available by
the Borrower to it that is clearly indicated to be confidential information or private data, to use all reasonable efforts to protect such confidential information from unauthorized use or disclosure and to restrict disclosure to only those Persons
employed or retained by 

  
 78 

 
such Lender who are or are expected to become engaged in evaluating, approving, structuring or administering this Agreement and the transactions contemplated hereby. Nothing herein
shall prevent any Lender from disclosing such information (i) to any other Lender, (ii) to its affiliates, officers, directors, employees, agents, attorneys and accountants who have a need to know such information in accordance with
customary banking practices and who receive such information having been made aware of and having agreed to the restrictions set forth in this Section, (iii) upon the order of any court or administrative agency, (iv) upon the request or
demand of any regulatory agency or authority having jurisdiction over such Lender, (v) which has been publicly disclosed, (vi) to the extent reasonably required in connection with any litigation to which any Agent or Lender, the Borrower
or their respective affiliates may be a party, (vii) to the extent reasonably required in connection with the exercise of any remedy hereunder, (viii) to any direct, indirect, actual or prospective counterparty (and its advisor) to any
swap, derivative or securitization transaction related to the obligations under this Agreement, provided that such person agree to be bound by the terms provided in this paragraph, and (ix) with the prior written consent of the Borrower;
provided however, that before any disclosure is permitted under (iii) or (vi) of this Section 9.15, each Lender shall, if not legally prohibited, notify and consult with the Borrower, promptly and in a timely manner, concerning
the information it proposes to disclose, to enable the Borrower to take such action as may be appropriate under the circumstances to protect the confidentiality of the information in question, and provided further that any disclosure under
the foregoing proviso be limited to only that information discussed with the Borrower. The use of the term “confidential” in this Section 9.15 is not intended to refer to data classified by the government of the United States under
laws and regulations relating to the handling of data, but is intended to refer to information and other data regarded by the Borrower as private. 

(b) Each of the Lenders agrees to maintain the confidentiality of any information relating to a rate provided by a Reference Bank, except
(i) to its directors, officers’ employees, advisors or affiliates (but, not to any of the foregoing involved in its process for submitting bids for determining LIBOR) on a confidential and need-to-know basis in connection herewith,
(ii) as consented to by the applicable Reference Bank or (iii) as required by law, regulation, judicial or governmental order, subpoena or other legal process or as requested or required by any governmental or regulatory authority or
exchange (in which case, to the extent permitted by law and except in the case of disclosures during the course of a regulatory examination, the applicable Lender agrees to inform the applicable Reference Bank promptly thereof prior to such
disclosure). 
 Section 9.16. USA Patriot Act. Each Lender hereby notifies the Borrower that pursuant to the requirements of the
USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot Act”), it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and
address of the Borrower and other information 

  
 79 

 
that will allow such Lender to identify the Borrower in accordance with the Patriot Act. 

  
 80 

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

					
	MARTIN MARIETTA MATERIALS, INC.
		
	By:	 	 /s/ Anne H. Lloyd

		 	Name:	 	Anne H. Lloyd
		 	Title:	 	Executive Vice President and Chief Financial Officer
		 	Address:	 	2710 Wycliff Road
		 		 	Raleigh, NC 27607
		 	Facsimile:	 	919-510-4700

  

					
	 JPMORGAN CHASE BANK, N.A.

as Administrative Agent

		
	By:	 	 /s/ Aized Rabbani

		 	Name:	 	Aized Rabbani
		 	Title:	 	Executive Director
			
		 	Address:	 	Attn: Loan Agency Group
		 		 	1111 Fannin
		 		 	Houston, Texas 77002
		 	Facsimile:	 	713-750-2452

 
					
	 JPMORGAN CHASE BANK, N.A.

as Lender

		
	By:	 	 /s/ Aized Rabbani

		 	Name:	 	Aized Rabbani
		 	Title:	 	Executive Director

 
					
	 BRANCH BANKING AND TRUST COMPANY

as Co-Syndication Agent and Lender

		
	By:	 	 /s/ Jack M. Frost

		 	Name:	 	Jack M. Frost
		 	Title:	 	Senior Vice President

 
					
	 SUNTRUST BANK

as Co-Syndication Agent and Lender

		
	By:	 	 /s/ Vinay Desai

		 	Name:	 	Vinay Desai
		 	Title:	 	Vice President

 
					
	 WELLS FARGO BANK, N.A.

as Co-Syndication Agent and Lender

		
	By:	 	 /s/ Andrew G. Payne

		 	Name:	 	Andrew G. Payne
		 	Title:	 	Director

 
					
	 DEUTSCHE BANK AG NEW YORK BRANCH,

as Lender

		
	By:	 	 /s/ Ming K. Chu

		 	Name:	 	Ming K. Chu
		 	Title:	 	Vice President
		
	By:	 	 /s/ Virginia Cosenza

		 	Name:	 	Virginia Cosenza
		 	Title:	 	Vice President

 
					
	 PNC BANK, NATIONAL ASSOCIATION,

as Lender

		
	By:	 	 /s/ Richard C. Brown

		 	Name:	 	Richard C. Brown
		 	Title:	 	Senior Vice President

 
					
	 REGIONS BANK,

as Lender

		
	By:	 	 /s/ Anthony LeTrent

		 	Name:	 	Anthony LeTrent
		 	Title:	 	Senior Vice President

 
					
	 THE NORTHERN TRUST COMPANY,

as Lender

		
	By:	 	 /s/ John Canty

		 	Name:	 	John Canty
		 	Title:	 	Senior Vice President

 
					
	 COMERICA BANK,

as Lender

		
	By:	 	 /s/ Matthew A. Rybinski

		 	Name:	 	Matthew A. Rybinski
		 	Title:	 	Vice President

 
					
	 THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,

as Lender

		
	By:	 	 /s/ Andrew G. Payne

		 	Name:	 	Mustafa Khan
		 	Title:	 	Director

 SCHEDULE I – PRICING SCHEDULE 

Each of “Facility Fee Rate”, “Base Rate Margin”, “Euro-Dollar Margin” and
“Letter of Credit Fee Rate” means, for any day, the rate set forth below (in basis points per annum) in the row opposite such term and in the column corresponding to the Pricing Level that apply for such day:  

Revolving Commitments and Loans: 
  

																					
	 Pricing Level
	  	Level I	 	  	Level II	 	  	Level III	 	  	Level IV	 	  	Level V	 
						
	 Facility Fee Rate
	  	 	15.0	  	  	 	20.0	  	  	 	25.0	  	  	 	30.0	  	  	 	35.0	  
	 Base Rate Margin
	  	 	10.0	  	  	 	17.5	  	  	 	25.0	  	  	 	45.0	  	  	 	65.0	  
	 Euro-Dollar Margin
	  	 	110.0	  	  	 	117.5	  	  	 	125.0	  	  	 	145.0	  	  	 	165.0	  
	 Letter of Credit Fee Rate
	  	 	110.0	  	  	 	117.5	  	  	 	125.0	  	  	 	145.0	  	  	 	165.0	  

 Term Loans: 
  

																					
	 Pricing Level
	  	Level I	 	  	Level II	 	  	Level III	 	  	Level IV	 	  	Level V	 
						
	 Base Rate Margin
	  	 	25.0	  	  	 	37.5	  	  	 	50.0	  	  	 	75.0	  	  	 	100.0	  
	 Euro-Dollar Margin
	  	 	125.0	  	  	 	137.5	  	  	 	150.0	  	  	 	175.0	  	  	 	200.0	  

 For purposes of this Schedule, the following terms have the following meanings, subject to the further
provisions of this Schedule: 
 “Level I Pricing” applies at any date if, at such date, the Borrower’s
long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s. 
 “Level II Pricing”
applies at any date if, at such date, (i) the Borrower’s long-term debt is rated BBB or higher by S&P or Baa2 or higher by Moody’s and (ii) Level I Pricing does not exist. 

“Level III Pricing” applies at any date if, at such date, (i) the Borrower’s long-term debt is rated BBB- or
higher by S&P or Baa3 or higher by Moody’s and (ii) neither Level I Pricing nor Level II Pricing exists. 

“Level IV Pricing” applies at any date if, at such date, (i) the Borrower’s long-term debt is rated BB+ or
higher by S&P or Ba1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing and Level III Pricing exists. 

“Level V Pricing” applies at any date if, at such date, no other Pricing Level applies. 

“Moody’s” means Moody’s Investors Service, Inc. 

 “Pricing Level” refers to the determination of which of Level I, Level II, Level
III, Level IV or Level V applies at any date. 
 “S&P” means Standard & Poor’s (a division of The
McGraw-Hill Companies, Inc.). 
 The credit ratings to be utilized for purposes of this Schedule are those assigned to the senior unsecured
long-term debt securities of the Borrower without third-party credit enhancement, and any rating assigned to any other debt security of the Borrower shall be disregarded. In the case of split ratings from Moody’s and S&P, the Pricing Level
will be determined on the basis of the higher rating, provided that if the split is more than one notch, then the Pricing Level will be determined on the basis of a rating one notch below the higher rating. The ratings in effect for any day are
those in effect at the close of business on such day, and the Euro-Dollar Margin and Facility Fee Rate may change from time to time during any Interest Period as a result of changes in the Pricing Level during such Interest Period. 

 SCHEDULE II – COMMITMENT SCHEDULE 

 

									
	 Lender
	  	Revolving
Commitment	 	  	Term
Commitment	 
	 JPMorgan Chase Bank, N.A.
	  	$	46,666,666.67	  	  	$	33,333,333.33	  
	 Branch Banking and Trust Company
	  	$	46,666,666.67	  	  	$	33,333,333.33	  
	 Deutsche Bank AG New York Branch
	  	$	46,666,666.67	  	  	$	33,333,333.33	  
	 SunTrust Bank
	  	$	46,666,666.67	  	  	$	33,333,333.33	  
	 Wells Fargo Bank, N.A.
	  	$	46,666,666.67	  	  	$	33,333,333.33	  
	 PNC Bank, National Association
	  	$	29,166,666.67	  	  	$	20,833,333.33	  
	 Regions Bank
	  	$	29,166,666.67	  	  	$	20,833,333.33	  
	 The Northern Trust Company
	  	$	29,166,666.67	  	  	$	20,833,333.33	  
	 Comerica Bank
	  	$	14,583,333.32	  	  	$	10,416,666.68	  
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	  	$	14,583,333.32	  	  	$	10,416,666.68	  
	 Total
	  	$	350,000,000.00	  	  	$	250,000,000.00	  

 SCHEDULE III – EXISTING LETTERS OF CREDIT 

 

													
	 Beneficiary
	  	 Issuing Lender
	  	Issue Date	  	Expiry Date	  	Amount	 	  	LC Number
	 Johnson County, Kansas
	  	Wells Fargo Bank, N.A.	  	11/29/2006	  	3/31/2016	  	$	75,000.00	  	  	SM222996
	 Johnson County, Kansas
	  	Wells Fargo Bank, N.A.	  	5/22/2006	  	6/20/2016	  	$	1,887,900.00	  	  	SM220025
	 Larimer County, Colorado
	  	Wells Fargo Bank, N.A.	  	4/18/2012	  	5/8/2014	  	$	413,857.00	  	  	IS0011420
	 Larimer County, Colorado
	  	Wells Fargo Bank, N.A.	  	4/18/2012	  	4/30/2014	  	$	129,971.00	  	  	IS0011413

 Schedule 5.11(c) 

Investments 
 The Borrower and Concrete
Supply Company, a non-wholly owned subsidiary of the Borrower (“CSC”), are co-borrowers of a secured loan in an aggregate principal amount of $24,000,000 under an Amended and Restated Loan Agreement. This investment is treated as an
off-balance sheet guarantee by the Borrower for accounting purposes. 
 The Borrower has made loans to CSC in an aggregate principal amount of approximately
$10,000,000 pursuant to a Promissory Note (Equipment Refinance Loan) and Pledge Agreement. These loans are secured and are reflected on the balance sheet of the Borrower for accounting purposes. 

  
 96 

 Schedule 5.11(d) 

Related Businesses 
 Composite technology

 Ready mixed concrete 
 Asphalt 

Laydown 
 Construction 

Recycled materials 
 Rail-related products and services 

Trucking/transportation/rail cars and related equipment 

Loading/unloading services 
 Technical services 

Wind/water/alternative energy 

 EXHIBIT A-1 

TERM NOTE 
 New York, New
York 
                  , 20     

For value received, Martin Marietta Materials, Inc., a North Carolina corporation (the “Borrower”), promises to pay to the
order of                                         
(the “Term Lender”), for the account of its Applicable Lending Office, the unpaid principal of each Term Loan made by the Term Lender to the Borrower pursuant to the Credit Agreement referred to below in the amounts and on the dates
provided for in the Credit Agreement. The Borrower promises to pay interest on the unpaid principal amount of each such Term Loan on the dates and at the rate provided for in the Credit Agreement. All such payments of principal and interest shall be
made in lawful money of the United States in Federal or other immediately available funds at the office of JPMorgan Chase Bank, N.A., One Chase Manhattan Plaza, New York, New York. 

All Term Loans made by the Term Lender, the respective types thereof and all repayments of the principal thereof shall be recorded by the Term
Lender and, if the Term Lender so elects in connection with any transfer or enforcement hereof, appropriate notations to evidence the foregoing information with respect to each such Term Loan then outstanding may be endorsed by the Lender on the
schedule attached hereto, or on a continuation of such schedule attached to and made a part hereof; provided that the failure of the Term Lender to make any such recordation or endorsement shall not affect the obligations of the Borrower hereunder
or under the Credit Agreement. 
 This note is one of the Term Notes referred to in the Credit Agreement dated as of November 29, 2013
(as the same may be amended from time to time, the “Credit Agreement”) among Martin Marietta Materials, Inc., the Lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and Wells Fargo Bank,
N.A., Branch Banking and Trust Company and SunTrust Bank, as Co-Syndication Agents. Terms defined in the Credit Agreement are used herein with the same meanings. Reference is made to the Credit Agreement for provisions for the prepayment hereof and
the acceleration of the maturity hereof. 
 This note shall be governed by, and construed in accordance with, the laws of the State of New
York. 

  
 A-1-1 

 
			
	MARTIN MARIETTA MATERIALS, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 A-1-2 

 TERM LOANS AND PAYMENTS OF PRINCIPAL 

 

											
	 Amount
	  	Date	  	Type of
Term Loan	  	Amount of
Term Loan	  	Principal
Repaid	  	Notation
Made By
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	

  
 A-1-3 

 EXHIBIT A-2 

REVOLVING CREDIT NOTE 
 New
York, New York 
                  , 20    

 For value received, Martin Marietta Materials, Inc., a North Carolina corporation (the “Borrower”), promises to
pay to the order of
                                         (the
“Revolving Lender”), for the account of its Applicable Lending Office, the unpaid principal amount of each Revolving [and Competitive Bid] Loan made by the Revolving Lender to the Borrower pursuant to the Credit Agreement referred
to below on the maturity date provided for in the Credit Agreement. The Borrower promises to pay interest on the unpaid principal amount of each such Revolving [and Competitive Bid] Loan on the dates and at the rate or rates provided for in the
Credit Agreement. All such payments of principal and interest shall be made in lawful money of the United States in Federal or other immediately available funds at the office of JPMorgan Chase Bank, N.A., One Chase Manhattan Plaza, New York, New
York. 
 All Revolving [and Competitive Bid] Loans made by the Revolving Lender, the respective types thereof and all repayments of
the principal thereof shall be recorded by the Revolving Lender and, if the Revolving Lender so elects in connection with any transfer or enforcement hereof, appropriate notations to evidence the foregoing information with respect to each such
Revolving [and Competitive Bid] Loan then outstanding may be endorsed by the Revolving Lender on the schedule attached hereto, or on a continuation of such schedule attached to and made a part hereof; provided that the failure of the Revolving
Lender to make any such recordation or endorsement shall not affect the obligations of the Borrower hereunder or under the Credit Agreement. 

This note is one of the Revolving Credit Notes referred to in the Credit Agreement dated as of November 29, 2013 (as the same may be
amended from time to time, the “Credit Agreement”) among Martin Marietta Materials, Inc., the Lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and Wells Fargo Bank, N.A., Branch Banking
and Trust Company and SunTrust Bank, as Co-Syndication Agents. Terms defined in the Credit Agreement are used herein with the same meanings. Reference is made to the Credit Agreement for provisions for the prepayment hereof and the acceleration of
the maturity hereof. 
 This note shall be governed by, and construed in accordance with, the laws of the State of New York. 

  
 A-2-1 

 
			
	MARTIN MARIETTA MATERIALS, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 A-2-2 

 REVOLVING LOANS AND PAYMENTS OF PRINCIPAL 

 

											
	 Amount
	  	Date	  	Type of 
Revolving Loan	  	Amount of
Revolving Loan	  	Principal
Repaid	  	Notation
Made By
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	

  
 A-2-3 

 EXHIBIT B 

FORM OF COMPETITIVE BID QUOTE REQUEST 

[Date] 
  

	To:	JPMorgan Chase Bank, N.A. (the “Administrative Agent”) 

  

	From:	Martin Marietta Materials, Inc. 

  

	Re:	Credit Agreement dated as of November 29, 2013 (as the same may be amended from time to time, the “Credit Agreement”) among Martin Marietta Materials, Inc., the Lenders from time to time parties
thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and Wells Fargo Bank, N.A., Branch Banking and Trust Company and SunTrust Bank, as Co-Syndication Agents 

We hereby give notice pursuant to Section 2.03 of the Credit Agreement that we request Competitive Bid Quotes for the following proposed
Competitive Bid Borrowing(s): 
 Date of Borrowing:
                     
  

			
	 Principal Amount*
	  	Interest Period**
	 $
	  	

 Such Competitive Bid Quotes should offer a Competitive Bid [Margin] [Absolute Rate]. [The applicable base rate
is the London Interbank Offered Rate.] 
 Terms used herein have the meanings assigned to them in the Credit Agreement. 

 

			
	MARTIN MARIETTA MATERIALS, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  

	*	Amount must be $5,000,000 or a larger multiple of $1,000,000. 

	**	Not less than one month (LIBOR Auction) or not less than seven days (Absolute Rate Auction), subject to the provisions of the definition of Interest Period. 

  
 B-1 

 EXHIBIT C 

FORM OF INVITATION FOR COMPETITIVE BID QUOTES 
  

	To:	[Name of Revolving Lender] 

  

	Re:	Invitation for Competitive Bid Quotes to Martin Marietta Materials, Inc. (the “Borrower”) 

Pursuant to Section 2.03 of the Credit Agreement dated as of November 29, 2013 (as the same may be amended from time to time,
the “Credit Agreement”) among Martin Marietta Materials, Inc., the Lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and Wells Fargo Bank, N.A., Branch Banking and Trust Company and
SunTrust Bank, as Co-Syndication Agents, we are pleased on behalf of the Borrower to invite you to submit Competitive Bid Quotes to the Borrower for the following proposed Competitive Bid Borrowing(s): 

Date of Borrowing:                     

  

			
	 Principal Amount
	  	Interest Period
	 $
	  	

 Such Competitive Bid Quotes should offer a Competitive Bid [Margin] [Absolute Rate]. [The applicable base rate
is the London Interbank Offered Rate.] 
 Please respond to this invitation by no later than [2:00 P.M.] [9:30 A.M.] (New York City time) on
[date]. 
  

					
	 JPMORGAN CHASE BANK, N.A.,
as Administrative Agent

		
	By:	 	  

		 	Name:	 	
		 	Title:	 	Authorized Officer

  
 C-1 

 EXHIBIT D 

FORM OF COMPETITIVE BID QUOTE 
  

	To:	JPMorgan Chase Bank, N.A., as Administrative Agent 

  

	Re:	Competitive Bid Quote to Martin Marietta Materials, Inc. (the “Borrower”) 

 In
response to your invitation on behalf of the Borrower dated             , 20    , we hereby make the following Competitive Bid Quote on the following terms: 

Quoting Revolving Lender:
                                         

Person to contact at Quoting Revolving Lender:
                                         

Date of Borrowing:             * 

We hereby offer to make Competitive Bid Loan(s) in the following principal amounts, for the following Interest Periods and at the following
rates: 
  

							
	 Principal Amount**
	  	Interest Period***	  	Competitive Bid
Margin****	  	Absolute
Rate*****
	 $
	  		  		  	
	 $
	  		  		  	

  

	*	As specified in the related Invitation. 

	**	Principal amount bid for each Interest Period may not exceed principal amount requested. Specify aggregate limitation if the sum of the individual offers exceeds the amount the Lender is willing to lend. Bids must be
made for $5,000,000 or a larger multiple of $1,000,000. 

	***	Not less than one month (LIBOR Auction) or not less than seven days (Absolute Rate Auction), as specified in the related Invitation. No more than five bids are permitted for each Interest Period. 

	****	Margin over or under the London Interbank Offered Rate determined for the applicable Interest Period. Specify percentage (to the nearest 1/10,000 of 1%) and specify whether “PLUS” or “MINUS”.

	*****	Specify rate of interest per annum (to the nearest 1/10,000th of 1%). 

  
 D-1 

 [Provided, that the aggregate principal amount of Competitive Bid Loans for which the
above offers may be accepted shall not exceed $        .]** 
 We understand and agree that
the offer(s) set forth above, subject to the satisfaction of the applicable conditions set forth in the Credit Agreement dated as of November 29, 2013 (as the same may be amended from time to time, the “Credit Agreement”) among
Martin Marietta Materials, Inc., the Lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and Wells Fargo Bank, N.A., Branch Banking and Trust Company and SunTrust Bank, as Co-Syndication Agents irrevocably
obligates us to make the Competitive Bid Loan(s) for which any offer(s) are accepted, in whole or in part. 
  

													
	 Very truly yours,
  

[NAME OF BANK]
	 		 		 		 	
					
	By:	 	  
	 		 	By:	 	  

		 	Name:	 		 		 		 	Name:	 	
		 	Title:	 	Authorized Officer	 		 		 	Title:	 	Authorized Officer

  
 D-2 

 EXHIBIT E 

FORM OF ASSIGNMENT AND ASSUMPTION AGREEMENT 

AGREEMENT dated as of             , 20     among [ASSIGNOR]
(the “Assignor”), [ASSIGNEE] (the “Assignee”), MARTIN MARIETTA MATERIALS, INC. (the “Borrower”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (the “Administrative Agent”) and
[ISSUING LENDER(S)], as Issuing Lender(s). 
 W I T N E S S E T H 

WHEREAS, this Assignment and Assumption Agreement (the “Agreement”) relates to the Credit Agreement dated as of
November 29, 2013 (as the same may be amended from time to time, the “Credit Agreement”) among Martin Marietta Materials, Inc., the Lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent,
and Wells Fargo Bank, N.A., Branch Banking and Trust Company and SunTrust Bank, as Co-Syndication Agents; 
 WHEREAS, as provided under the
Credit Agreement, the Assignor has a Commitment to make Loans [and participate in Letters of Credit] in an aggregate principal amount at any time outstanding not to exceed $        ,000,000; 

WHEREAS, [Revolving][Term] Loans made to the Borrower by the Assignor under the Credit Agreement in the aggregate principal amount of
$         are outstanding at the date hereof; 
 [WHEREAS, Letters of Credit with a total principal
amount available for drawing thereunder of $         are outstanding at the date hereof]; and 

WHEREAS, the Assignor proposes to assign to the Assignee all of the rights of the Assignor under the Credit Agreement in respect of a portion
of its [Term Loans][Revolving Commitment] thereunder in an amount equal to $         (the “Assigned Amount”), [together with a corresponding portion of its outstanding Revolving Loans and
Letter of Credit Liabilities,] and the Assignee proposes to accept assignment of such rights and assume the corresponding obligations from the Assignor on such terms; 

NOW, THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, the parties hereto agree as follows: 

Section 1. Definitions. All capitalized terms not otherwise defined herein shall have the respective meanings set forth in the
Credit Agreement. 

  
 E-1 

 Section 2. Assignment. The Assignor hereby assigns and sells to the Assignee all of
the rights of the Assignor under the Credit Agreement to the extent of the Assigned Amount, and the Assignee hereby accepts such assignment from the Assignor and assumes all of the obligations of the Assignor under the Credit Agreement to the extent
of the Assigned Amount, including the purchase from the Assignor of the corresponding portion of the principal amount of the [Revolving][Term] Loans made by, [and Letter of Credit Liabilities of,] the Assignor outstanding at the date hereof. Upon
the execution and delivery hereof by the Assignor, the Assignee, the Borrower and the Administrative Agent and the payment of the amounts specified in Section 3 required to be paid on the date hereof [(i)] the Assignee shall, as of the date
hereof, succeed to the rights and be obligated to perform the obligations of a [Revolving][Term] Lender under the Credit Agreement with a [Revolving Commitment][Term Loan] in an amount equal to the Assigned Amount, [and (ii) the Revolving
Commitment of the Assignor shall, as of the date hereof, be reduced by a like amount] and the Assignor released from its obligations under the Credit Agreement to the extent such obligations have been assumed by the Assignee. The assignment provided
for herein shall be without recourse to the Assignor. 
 Section 3. Payments. As consideration for the assignment and sale
contemplated in Section 2 hereof, the Assignee shall pay to the Assignor on the date hereof in immediately available funds the amount heretofore agreed between them.* [It is understood that
facility and Letter of Credit fees accrued to the date hereof in respect of the Assigned Amount are for the account of the Assignor and such fees accruing from and including the date hereof are for the account of the Assignee.] Each of the Assignor
and the Assignee hereby agrees that if it receives any amount under the Credit Agreement which is for the account of the other party hereto, it shall receive the same for the account of such other party to the extent of such other party’s
interest therein and shall promptly pay the same to such other party. 
 [Section 4. Consents. This Agreement is conditioned upon the
consent of the Borrower, the Issuing Lenders and the Administrative Agent pursuant to Section 9.08 of the Credit Agreement; provided, if an Assignee is (i) any Person which controls, is controlled by, or is under common control
with, or is otherwise substantially affiliated with such transferor Lender or (ii) another Lender, no such consent of the Borrower or the Administrative Agent shall be required. The execution of this Agreement by the Borrower, the Issuing
Lenders and the Administrative Agent, as applicable, is evidence of this consent.] 
  

	*	Amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of any upfront fee to be paid by the Assignor to the Assignee. It may be
preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. 

  
 E-2 

 Section 5. Non-Reliance on Assignor. The
Assignor makes no representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition or statements of the Borrower or the validity and enforceability of the obligations of the Borrower
in respect of the Credit Agreement or any [Term][Revolving Credit] Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its
own credit analysis and decision to enter into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower. 

Section 6. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

 Section 7. Counterparts. This Agreement may be signed in any number of counterparts, each of which shall be an original, with
the same effect as if the signatures thereto and hereto were upon the same instrument. 

  
 E-3 

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

			
	[ASSIGNOR]
		
	By:	 	  

		 	Name:
		 	Title:
	
	[ASSIGNEE]
		
	By:	 	  

		 	Name:
		 	Title:

 The undersigned consent to the foregoing assignment: 

 

			
	MARTIN MARIETTA MATERIALS, INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	  

		 	Name:
		 	Title:
	
	[ISSUING LENDER
		
	By:	 	  

		 	Name:
		 	Title:]

  
 E-4 

 EXHIBIT F 

FORM OF COMPLIANCE CERTIFICATE 
 JPMorgan
Chase Bank, N.A. 
 as Administrative Agent 

Attention:                     

Re:         Compliance Certificate 

Ladies and Gentlemen: 
 Reference is made
to the Credit Agreement dated as of November 29, 2013 among Martin Marietta Materials, Inc., the Lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and Wells Fargo Bank, N.A., Branch Banking and Trust
Company and SunTrust Bank, as Co-Syndication Agents (such agreement, as it may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”); capitalized terms used herein without
definition shall have the meanings assigned those terms in the Credit Agreement. 
 This Certificate is furnished to the
Administrative Agent for the benefit of the Lenders pursuant to Section 5.01 of the Credit Agreement. 
 The undersigned,
                                        , hereby
certifies to the Administrative Agent for the benefit of the Lenders as follows: 
 1 Authority. I am the duly elected, qualified and
acting                      of the Borrower. 

2. This certificate is for the period ended                  ,
20     (the “Certification Date”). 
 3. Financial Statements. The accompanying consolidated
statements of earnings and cash flows of the Borrower and the Consolidated Subsidiaries [for the period from the beginning of the fiscal year to the Certification Date] [for the fiscal year ended on the Certification Date] and the related
consolidated balance sheet of the Borrower and the Consolidated Subsidiaries as at the end of such [fiscal period] [year], fairly present in all material respects the consolidated financial condition and results of operations of the Borrower and the
Consolidated Subsidiaries as of the end of such [period] [year] and for the [period] [year] involved[, subject, however, to year-end audit adjustments]. 

  
 F-1 

 4. No Default. To my knowledge, no Default has occurred or is continuing as of the
date of this certificate, except as set forth below: 
  

			
	  
	  	
	  
	  	
	  
	  	
	  
	  	
	  
	  	

 [5. Specified Acquisition. A Specified Acquisition by [Borrower or a Subsidiary of Borrower] of
[Target] was consummated on [date]. The conditions set forth in clauses (i) and (ii) of the proviso to the first paragraph of Section 5.09 of the Credit Agreement have been satisfied.] 

6. Maximum Leverage Ratio Calculation. The financial data and computations supporting the Borrower’s compliance on and as
of the Certification Date with the financial covenant contained in Section 5.09 of the Credit Agreement are set forth below, and such financial data and computations are true, correct, and complete: 

 

			
	 (A) Consolidated Debt
	  	
		
	 (B) Consolidated EBITDA
	  	
		
	 Actual leverage (A)/(B)
	  	
		
	 Maximum Allowable Leverage
	  	3.50 to 1.00
	 (under certain circumstances set forth in Section 5.09 of the Credit Agreement, Maximum Allowable Leverage can be 3.75
to 1.00)

 IN WITNESS WHEREOF, the undersigned has executed this Certificate on the date set forth below. 

 

			
	MARTIN MARIETTA MATERIALS, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 Dated:             , 20     

  
 F-2 

 EXHIBIT G 

FORM OF EXEMPTION CERTIFICATE 

Reference is hereby made to that certain Credit Agreement, dated as of November 29, 2013 among MARTIN MARIETTA MATERIALS, INC. (the
“Borrower”), the LENDERS listed on the signature pages hereof and JPMORGAN CHASE BANK, N.A., as Administrative Agent, and WELLS FARGO BANK, N.A., BRANCH BANKING AND TRUST COMPANY and SUNTRUST BANK, as Co-Syndication Agents (as
amended, restated, modified and/or supplemented from time to time, the “Credit Agreement”). Pursuant to the provisions of Section 8.04(d) of the Credit Agreement, the undersigned hereby certifies that it is not (i) a
“bank” as such term is used in Section 881(c)(3)(A) of the Internal Revenue Code of 1986, as amended (the “Code”), (ii) a “10 percent shareholder” of the Borrower within the meaning of
Section 871(h)(3)(B) of the Code, or (C) a “controlled foreign corporation” related to the Borrower as described in Section 881(c)(3)(C) of the Code. 

 

			
	[NAME OF LENDER]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             , 20     

  
 G-1EX-4.2

 Exhibit 4.2 

 
  

STARBUCKS CORPORATION 

$750,000,000 

$400,000,000 0.875% SENIOR NOTES DUE 2016 

$350,000,000 2.000% SENIOR NOTES DUE 2018 
  

 
 THIRD
SUPPLEMENTAL INDENTURE 
 Dated as of December 5, 2013 

To 
 INDENTURE 

Dated as of August 23, 2007 
  

 
  

DEUTSCHE BANK TRUST COMPANY AMERICAS 

Trustee 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
		  	ARTICLE 1.	  			
		  	DEFINITIONS AND INCORPORATION BY REFERENCE	  			
			
	Section 1.01	  	Relationship with Base Indenture	  	 	1	  
	Section 1.02	  	Definitions	  	 	2	  
	Section 1.03	  	Other Definitions	  	 	8	  
			
		  	ARTICLE 2.	  			
		  	THE NOTES	  			
			
	Section 2.01	  	Form and Dating	  	 	8	  
	Section 2.02	  	Transfer and Exchange	  	 	9	  
	Section 2.03	  	Issuance of Additional Notes	  	 	14	  
			
		  	ARTICLE 3.	  			
		  	REDEMPTION AND PREPAYMENT	  			
			
	Section 3.01	  	Notice of Redemption	  	 	14	  
	Section 3.02	  	Notes Redeemed in Part	  	 	14	  
	Section 3.03	  	Optional Redemption	  	 	14	  
	Section 3.04	  	Mandatory Redemption	  	 	15	  
			
		  	ARTICLE 4.	  			
		  	PARTICULAR COVENANTS	  			
			
	Section 4.01	  	Liens	  	 	15	  
	Section 4.02	  	Offer to Purchase Upon Change of Control Triggering Event	  	 	17	  
	Section 4.03	  	Sale and Lease-Back Transactions	  	 	18	  
			
		  	ARTICLE 5.	  			
		  	SUCCESSORS	  			
			
	Section 5.01	  	Merger, Consolidation or Sale of Assets	  	 	20	  
			
		  	ARTICLE 6.	  			
		  	DEFAULTS AND REMEDIES	  			
			
	Section 6.01	  	Events of Default	  	 	21	  
			
		  	ARTICLE 7.	  			
		  	MISCELLANEOUS	  			
			
	Section 7.01	  	Trust Indenture Act Controls	  	 	21	  
	Section 7.02	  	Governing Law	  	 	22	  
	Section 7.03	  	Successors	  	 	22	  
	Section 7.04	  	Severability	  	 	22	  
	Section 7.05	  	Counterpart Originals	  	 	22	  
	Section 7.06	  	Table of Contents, Headings, Etc	  	 	22	  

  
 i 

 TABLE OF CONTENTS 

(continued) 
  

 EXHIBITS 

Exhibit A     FORM OF 2016 NOTE 
 Exhibit B
    FORM OF 2018 NOTE 

  
 ii 

 THIRD SUPPLEMENTAL INDENTURE dated as of December 5, 2013, by and between Starbucks
Corporation, a Washington corporation (the “Company”), and Deutsche Bank Trust Company Americas, a New York banking corporation, as trustee (the “Trustee”). 

The Company has heretofore executed and delivered to the Trustee an indenture, dated as of August 23, 2007 (the “Base
Indenture”, and together with this Third Supplemental Indenture, the “Indenture”), providing for the issuance from time to time of one or more series of the Company’s securities. 

The Company desires and has requested the Trustee pursuant to Section 9.01 of the Base Indenture to join with it in the execution and
delivery of this Third Supplemental Indenture in order to supplement the Base Indenture as, and to the extent set forth herein to provide for the issuance and the terms of the Notes (as defined below). 

Section 9.01 of the Base Indenture provides that the Company and the Trustee, without the consent of any holders of the Company’s
Securities, may amend or waive certain terms and conditions in the Base Indenture as permitted by Sections 2.01 and 2.02 thereof. 
 The
execution and delivery of this Third Supplemental Indenture has been duly authorized by a resolution of the Board of Directors of the Company or a duly authorized committee thereof. 

All conditions and requirements necessary to make this Third Supplemental Indenture a valid, binding and legal instrument in accordance with
its terms have been performed and fulfilled by the parties hereto and the execution and delivery thereof have been in all respects duly authorized by the parties hereto. 

The Company and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders (as
defined herein) of the 0.875% Senior Notes due 2016 (the “2016 Notes”) and 2.000% Senior Notes due 2018 (the “2018 Notes” and, together with the 2016 Notes, the “Notes”): 

ARTICLE 1. 

DEFINITIONS AND INCORPORATION BY REFERENCE 

Section 1.01 Relationship with Base Indenture. 

The terms and provisions contained in the Base Indenture will constitute, and are hereby expressly made a part of this Third Supplemental
Indenture and the Company and the Trustee, by their execution and delivery of this Third Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby. However, to the extent any-provision of the Base Indenture conflicts with the express provisions of this Third Supplemental Indenture, the provisions of this Third Supplemental Indenture will govern and be controlling. 

The Trustee accepts the amendment of the Base Indenture effected by this Third Supplemental Indenture and agrees to execute the trust created
by the Base Indenture as hereby amended, but only upon the terms and conditions set forth in this Third Supplemental Indenture, including the terms and provisions defining and limiting the liabilities and responsibilities of the

 
Trustee in the performance of the trust created by the Base Indenture, and without limiting the generality of the foregoing, the Trustee will not be responsible in any manner whatsoever for or
with respect to any of the recitals or statements contained herein, all of which recitals or statements are made solely by the Company, or for or with respect to (1) the validity or sufficiency of this Third Supplemental Indenture or any of the
terms or provisions hereof, (2) the proper authorization hereof by the Company, (3) the due execution hereof by the Company or (4) the consequences (direct or-indirect- and whether deliberate or inadvertent) of any amendment herein provided for, and the Trustee makes no representation with respect to any such matters. 

Section 1.02 Definitions. Capitalized terms used herein without definition shall have the respective meanings set forth in
the Base Indenture. The following terms have the meanings given to them in this Section 1.02: 
 “Additional
Notes” means any Notes (other than the Initial Notes) issued under this Third Supplemental Indenture in accordance with Sections 2.03 hereof, as part of the same series as either series of the Initial Notes. 

“Applicable Procedures” means, with respect to any transfer or exchange of or for beneficial interests in any Global
Note, the rules and procedures of the Depositary that apply to such transfer or exchange. 
 “Attributable
Debt” with regard to a Sale and Lease-Back Transaction with respect to any Principal Property means, at the time of determination, the lesser of (A) the present value of the total net amount of lease payments required to be paid under
such lease during the remaining term thereof (after deducting the amount of rent to be received under non-cancellable subleases and including any period for which such lease has been extended), discounted at the greater of (x) the weighted
average interest rate per annum borne by the Notes or (y) the interest rate inherent in such lease, in each case, as determined by the Chief Financial Officer, Treasurer or Controller of the Company, compounded semiannually, or (B) the
sale price for the Principal Property so sold and leased multiplied by a fraction the numerator of which is the remaining portion of the base term of the lease included in such Sale and Lease-Back Transaction and the denominator of which is the base
term of such lease. In the case of any lease which is terminable by the lessee upon the payment of a penalty, such net amount shall be the lesser of (i) the net amount determined assuming termination upon the first date such lease may be
terminated (in which case the net amount shall also include the amount of the penalty, but shall not include any rent that would be required to be paid under such lease subsequent to the first date upon which it may be so terminated) or
(ii) the net amount determined assuming no such termination. 
 For purposes of determining such Attributable Debt,
“lease payments” are the aggregate amount of the rent payable by the lessee with respect to the applicable period, after excluding amounts required to be paid on account-of
maintenance and repairs, water rates and similar utility charges. If and to the extent the amount of any lease payment during any future period is not definitely determinable under the lease in question, the amount of such, lease-payment will be estimated in such reasonable manner as the Chief Financial Officer, Treasurer or Controller of the Company may in good faith
determine. 

  
 2 

 “Base Indenture” has the meaning set forth in the preamble to this Third
Supplemental Indenture, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof. 

“Below Investment Grade Rating Event” means with respect to either series of the Notes, the Notes are rated below an
Investment Grade Rating by each of the Rating Agencies on any date from the date of the public notice of an arrangement that could result in a Change of Control until the end of the 60-day period following public notice of the occurrence of the
Change of Control (which 60-day period shall be extended so long as the rating of such Notes is under publicly announced consideration for possible downgrade by any of the Rating Agencies); provided that a Below Investment Grade Rating Event
otherwise arising by virtue of a particular reduction in rating shall not be deemed to have occurred in respect of a particular Change of Control (and thus shall not be deemed a Below Investment Grade Rating Event for purposes of the definition of
Change of Control Triggering Event hereunder) if the Rating Agencies making the reduction in rating to which this definition would otherwise apply do not announce or publicly confirm or inform the Trustee in writing at its request that the reduction
was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the applicable Change of Control (whether or not the applicable Change of Control shall have occurred at the time of the
Below Investment Grade Rating Event). 
 “Capital Stock” means: 

(1) with respect to any Person that is a corporation, any and all shares, interests, participations or other equivalents
(however designated and whether or not voting) of corporate stock, including each class of Common Stock and Preferred Stock of such Person; and 

(2) with respect to any Person that is not a corporation, any and all partnership, membership or other equity interests of such
Person. 
 “Change of Control” means the occurrence of one or more of the following events: 

(1) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all or
substantially all of the assets of the Company to any Person or group of related Persons for purposes of Section 13(d) of the Exchange Act (a “Group”), together with any Affiliates thereof (whether or not otherwise in compliance with
the provisions of the Indenture); 
 (2) the approval by the holders of Capital Stock of the Company of any plan or proposal
for the liquidation or dissolution of the Company (whether or not otherwise in compliance with the provisions of the Indenture); 

(3) any Person or Group shall become the owner, directly or indirectly, beneficially or of record, of shares representing more
than 50% of the aggregate ordinary voting power represented by the issued and outstanding Capital Stock of the Company; or 

(4) during any period of 24 consecutive months, a majority of the members of the Board of Directors or other equivalent
governing body of the Company cease to be 

  
 3 

 
composed of individuals (i) who were members of such Board of Directors or equivalent governing body on the first day of such period, (ii) whose election or nomination to such Board of
Directors or equivalent governing body was approved by individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of such Board of Directors or equivalent governing body or
(iii) whose election or nomination to such Board of Directors or other equivalent governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a
majority of such Board of Directors or equivalent governing body (excluding, in the case of both clause (ii) and clause (iii), any individual whose initial nomination for, or assumption of office as, a member of such Board of Directors or
equivalent governing body occurs as a result of an actual or threatened solicitation of proxies or consents for the election or removal of one or more directors by any person or group other than a solicitation for the election of one or more
directors by or on behalf of the Board of Directors). 
 Notwithstanding the foregoing, a transaction will not be deemed to involve a Change
of Control if (i) the Company becomes a wholly owned Subsidiary of a holding company and (ii) the holders of the Voting Stock of such holding company immediately following such transaction are substantially the same as the holders of the
Company’s Voting Stock immediately prior to such transaction. 
 “Change of Control Triggering Event” means the
occurrence of both a Change of Control and a Below Investment Grade Rating Event. 
 “Common Stock” of any
Person means any and all shares, interests or other participations in, and other equivalents (however designated and whether voting or non-voting) of, such Person’s common stock, and includes, without limitation, all series and classes of such
Common Stock. 
 “Comparable Treasury Issue” means, with respect to each Reference Treasury Dealer, the
United States Treasury security selected by such Reference Treasury Dealer as having a maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of those Notes. 

“Comparable Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury
Dealer Quotations for the redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii) if the Trustee obtains fewer than four Reference Treasury Dealer Quotations, the average of all Reference Treasury
Dealer Quotations. 
 “Consolidated Net Tangible Assets” means, as of any date on which the Company effects a
transaction requiring such Consolidated Net Tangible Assets to be measured hereunder, the aggregate amount of assets (less applicable reserves) after deducting therefrom: (a) all current liabilities, except for current maturities of long-term
debt and obligations under capital leases; and (b) intangible assets, to the extent included in said aggregate amount of assets, all as set forth in the Company’s most recent consolidated balance sheet and computed in accordance with GAAP
applied on a consistent basis. 

  
 4 

 “Credit Agreement” means the Credit Agreement, dated as of
February 5, 2013, among the Company, as borrower, Bank of America, N.A., as administrative agent, swing line lender and L/C issuer, Wells Fargo Bank, N.A. and Citibank, N.A., as co-syndication Agents, Goldman Sachs Bank USA, JPMorgan Chase
Bank, N.A., The Bank of Nova Scotia, U.S. Bank National Association and Morgan Stanley MUFG Loan Partners, LLC, as co-documentation agents, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, and Citigroup
Global Markets Inc. as joint lead arrangers and joint book managers, and each of the other Lenders a party thereto, including any related letters of credit, notes, guarantees, collateral documents, instruments and agreements executed in connection
therewith, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time by one or more credit facilities, in which case, the credit agreement or similar agreement together with all other documents and
instruments related thereto shall constitute the “Credit Agreement” under the Indenture, whether with the same or different agents and lenders. 

“Definitive Note” means a certificated Note registered in the name of the Holder thereof and issued in accordance with
Section 2.02 hereof, substantially in the form of either Exhibit A or Exhibit B hereto except that such Note will not bear the Global Note Legend. 

“Depositary” means, with respect to the Notes, DTC and any successor thereto designated as depositary for the Notes
pursuant to Section 2.02 of this Third Supplemental Indenture. 
 “Funded Debt” means Indebtedness,
whether or not contingent, for money borrowed (including all obligations evidenced by bonds, debentures, notes or similar instruments) owed or guaranteed by the Company or any consolidated Subsidiary, and any of the debt which under GAAP would
appear as debt on the consolidated balance sheet of the Company. 
 “Global Note Legend” means the legend set
forth in Section 2.02(f), which is required to be placed on all Global Notes issued under this Third Supplemental Indenture. 

“Global Notes” means, individually and collectively, each of the Global Notes, in the forms of Exhibit A and
Exhibit B hereto issued in accordance with Section 2.01 hereof. 
 “Holder” means a Person in whose name
a Note is registered. 
 “Indenture” means the Base Indenture, as supplemented by this Third Supplemental Indenture,
governing the Notes, in each case, as amended, supplemented or restated from time to time. 
 “Indirect Participant”
means a Person who holds a beneficial interest in a Global Note through a Participant. 
 “Initial Notes” means each
of the first $400,000,000 aggregate principal amount of 2016 Notes and $350,000,000 aggregate principal amount of 2018 Notes issued under this Third Supplemental Indenture on the date hereof. 

  
 5 

 “Investment Grade Rating” means a rating equal to or higher than Baa3 (or
the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or, in each case, if such Rating Agency ceases to rate either series of the Notes or fails to make a rating of such series of Notes publicly available for reasons outside of
the Company’s control, the equivalent investment grade credit rating by the replacement agency selected by the Company in accordance with the procedures described below. 

“Material Subsidiary” means each Subsidiary of the Company that meets either of the following tests: (a) its
assets equal or exceed three percent of total assets of the Company and its Subsidiaries on a consolidated basis, or (b) its revenues equal or exceed three percent of the total revenues of the Company and its Subsidiaries on a consolidated
basis; provided that (i) if the Subsidiaries that meet either of the tests in (a) or (b), when combined with revenues generated or assets owned directly by the Company (excluding any assets located or revenues generated at the Subsidiary
level), aggregate less than 90% of the total assets or total revenues of the Company and its Subsidiaries on a consolidated basis, the Company shall designate additional Subsidiaries to constitute Material Subsidiaries until such threshold is met,
and (ii) once a Subsidiary is deemed a Material Subsidiary, whether by virtue of the tests in (a) or (b) above, or a result of designation pursuant to part (i) of this proviso, such Subsidiary shall continue to constitute a
Material Subsidiary throughout the term of either series of the Notes. 
 “Moody’s” means Moody’s
Investors Service, Inc., a subsidiary of Moody’s Corporation, and its successors. 
 “Nonrecourse Obligation”
means Indebtedness or lease payment obligations related to (i) the acquisition of a Principal Property not previously owned by the Company or any Subsidiary or (ii) the financing of a project involving the development or expansion of any
Principal Property owned by the Company or any Subsidiary, as to which the obligee with respect to such Indebtedness or obligation has no recourse to the Company or any Subsidiary or any of the Company’s or its Subsidiaries’ assets other
than such Principal Property so acquired, developed or expanded, as applicable. 
 “Notes” has the meaning
assigned to it in the preamble to this Third Supplemental Indenture. The Initial Notes of each series and the Additional Notes of such series will be treated as a single class for all purposes under this Third Supplemental Indenture, and unless the
context otherwise requires, all references to the Notes will include the Initial Notes and any Additional Notes. 

“Participant” means, with respect to the Depositary, a Person who has an account with the Depositary. 

“Person” has the meaning set forth in the Indenture and includes a “person” as used in Section 13(d)(3)
of the Exchange Act. 
 “Preferred Stock” of any Person means any Capital Stock of such Person that has
preferential rights to any other Capital Stock of such Person with respect to dividends or redemptions or upon liquidation. 

  
 6 

 “Principal Property” means any individual facility or real property, or
portion thereof, owned or hereafter acquired by the Company or any Subsidiary and located within the United States of America, which, in the good faith opinion of the Company’s Chief Executive Officer, President, or Chief Financial Officer, is
of material importance to the total business conducted by the Company and its Subsidiaries taken as a whole, provided that no such individual facility or property will be deemed of material importance if its gross book value (excluding
therefrom any equipment and before deducting accumulated depreciation) is less than 1.0% of the Consolidated Net Tangible Assets of the Company. With respect to any Sale and Lease-Back Transaction or series of related Sale and Lease-Back
Transactions, the determination of whether any property is a Principal Property shall be determined by reference to all properties affected by such transaction or series of transactions. As of the date hereof, the only Principal Properties of the
Company consist of the Carson Valley Roasting Plant located at 2525 Starbucks Way, Minden, Nevada, the York Roasting Plant, located at 3000 Espresso Way, York, Pennsylvania and the Sandy Run Roasting Plant located at 114 Sirens Lane, Gaston, South
Carolina. 
 “Rating Agencies” means (1) each of Moody’s and S&P; and (2) if any of
Moody’s or S&P ceases to rate the Notes or fails to make a rating of the Notes publicly available for reasons outside of the Company’s control, a “nationally recognized statistical rating organization,” as defined in
Section 3(a)(62) of the Exchange Act, selected by the Company (as certified by a resolution of its Board of Directors) as a replacement agency for Moody’s or S&P, or both of them, as the case may be. 

“Reference Treasury Dealer” means (i) Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan
Securities LLC, and Morgan Stanley & Co. LLC (or their respective affiliates which are Primary Treasury Dealers (as defined below)) and their respective successors; provided, however, that if any of the foregoing shall cease to be a primary
U.S. Government securities dealer in New York City (a “Primary Treasury Dealer”), the Company will substitute another Primary Treasury Dealer; and (ii) any other Primary Treasury Dealer selected by the Company. 

“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any redemption date,
the average, as determined by a Reference Treasury Dealer, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Company and the Trustee by that
Reference Treasury Dealer at 5:00 p.m., New York City time, on the third business day preceding that redemption date. 

“S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., and
its successors. 
 “Sale and Lease-Back Transaction” means any arrangement with any Person providing for the
leasing by the Company or any Subsidiary of any Principal Property, whether now owned or hereafter acquired, which Principal Property has been or is to be sold or transferred by the Company or such Subsidiary to such Person and which lease is
required by GAAP to be capitalized on the balance sheet of such lessee. 

  
 7 

 “Subsidiary” means any corporation, limited liability company or other
similar type of entity in which the Company and/or one or more of its subsidiaries together own voting stock, membership interests or other capital securities having the power to elect a majority of the Board of Directors or similar governing body
of such corporation, limited liability company or other similar type of entity, directly or indirectly. For the purposes of this definition, “voting stock” means stock or other capital securities which ordinarily have voting power
for the election of directors or similar governing body, whether at all times or only so long as no senior class of stock or other capital securities have such voting power by reason of any contingency. 

“Third Supplemental Indenture” means this Third Supplemental Indenture, dated as of the date hereof, by and among the
Company and the Trustee, governing the Notes, as amended, supplemented or otherwise modified from time to time in accordance with the Base Indenture and the terms hereof. 

“Treasury Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent
yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date. 

Section 1.03 Other Definitions. 
  

					
	 Term
	  	Defined
in Section	 
	 “Change of Control Date”
	  	 	4.02	  
	 “Change of Control Offer”
	  	 	4.02	  
	 “Change of Control Payment Date”
	  	 	4.02	  
	 “Change of Control Purchase Price”
	  	 	4.02	  
	 “DTC”
	  	 	2.02	  
	 “Event of Default”
	  	 	6.01	  
	 “Mortgage”
	  	 	4.01	  

 ARTICLE 2. 

THE NOTES 

Section 2.01 Form and Dating. 

(a) General. The Notes and the Trustee’s certificate of authentication will be substantially in the forms of Exhibit
A and Exhibit B hereto. The Notes may have notations, legends or endorsements required by law, stock exchange rule or usage. Each Note will be dated the date of its authentication. The Notes will be in denominations of $2,000 with
integral multiples of $1,000 thereof. 
 The terms and provisions contained in the Notes will constitute, and are hereby expressly
made, a part of this Third Supplemental Indenture and the Company and the Trustee, by their execution and delivery of this Third Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby. However, to the extent any
provision of any Note conflicts with the express provisions of the Base Indenture, the provisions of the Note will govern and be 

  
 8 

 
controlling, and to the extent any provision of the Note conflicts with the express provisions of this Third Supplemental Indenture, the provisions of this Third Supplemental Indenture will
govern and be controlling. 
 (b) Global Notes. Notes issued in global form will be substantially in the forms of Exhibit
A and Exhibit B attached hereto (including the Global Note Legend thereon). Notes issued in definitive form will be substantially in the forms of Exhibit A and Exhibit B attached hereto (but without the Global Note Legend
thereon). Each Global Note will represent such of the outstanding Notes as will be specified therein and each will provide that it will represent the aggregate principal amount of outstanding Notes from time to time endorsed thereon and that the
aggregate principal amount of outstanding Notes represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or
decrease in the aggregate principal amount of outstanding Notes represented thereby will be made by the Trustee or the Custodian, at the direction of the Trustee, in accordance with instructions given by the Holder thereof as required by
Section 2.02 hereof. 
 Section 2.02 Transfer and Exchange. 

(a) Transfer and Exchange of Global Notes. A Global Note may not be transferred as a whole except by the Depositary to a nominee
of the Depositary, by a nominee of the Depositary to the Depositary or to another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or a nominee of such successor Depositary. All Global Notes of a series
will be exchanged by the Company for Definitive Notes if: 
 (1) the Company delivers to the Trustee notice from the
Depositary that (A) it is unwilling or unable to continue to act as Depositary and a successor Depositary is not appointed by the Company within 90 days after the date of such notice from the Depositary or (B) it is no longer a clearing
agency registered under the Exchange Act; or 
 (2) the Company in its sole discretion determines that the Global Notes of
such series (in whole but not in part) should be exchanged for Definitive Notes and delivers a written notice to such effect to the Trustee. 

Upon the occurrence of either of the preceding events in (1) or (2) above, Definitive Notes will be issued in such names and in any
approved denominations as the Depositary will instruct the Trustee. Global Notes also may be exchanged or replaced, in whole or in part, as provided in Sections 2.08 and 2.11 of the Base Indenture. Every Note authenticated and delivered in exchange
for, or in lieu of, a Global Note or any portion thereof, pursuant to this Section 2.02 or Section 2.08 or 2.11 of the Base Indenture, will be authenticated and delivered in the form of, and will be, a Global Note. A Global Note may not be
exchanged for another Note other than as provided in this Section 2.02(a); however, beneficial interests in a Global Note may be transferred and exchanged as provided in Sections 2.02(b), (c) or (g) hereof. 

(b) Transfer and Exchange of Beneficial Interests in the Global Notes. The transfer and exchange of beneficial interests in the
Global Notes will be effected through the Depositary, in accordance with the provisions of this Third Supplemental Indenture and the Applicable  

  
 9 

 
Procedures. Transfers of beneficial interests in the Global Notes also will require compliance with either subparagraph (1) or (2) below, as applicable, as well as one or more of
the other following subparagraphs, as applicable: 
 (1) Transfer of Beneficial Interests in the Same Global
Note. Beneficial interests in any Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in a Global Note. No written orders or instructions will be required to be delivered to the Registrar to
effect the transfers described in this Section 2.02(b)(1). 
 (2) All Other Transfers and Exchanges of Beneficial
Interests in Global Notes. In connection with all transfers and exchanges of beneficial interests that are not subject to Section 2.02(b)(1).above, the transferor of such beneficial
interest must deliver to the Registrar either: 
 (A) (i) a written order from a Participant or an Indirect Participant given
to the Depositary in accordance with the Applicable Procedures directing the Depositary to credit or cause to be credited a beneficial interest in another Global Note in an amount equal to the beneficial interest to be transferred or exchanged; and

 (ii) instructions given in accordance with the Applicable Procedures containing information regarding the Participant
account to be credited with such increase. 
 Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests
in Global Notes contained in this Third Supplemental Indenture and the Notes or otherwise applicable under the Securities Act, the Trustee will adjust the principal amount of the relevant Global Note(s) pursuant to Section 2.02(g) hereof. 

(c) Transfer or Exchange of Beneficial Interests for Definitive Notes. 

If any holder of a beneficial interest in a Global Note proposes to exchange such beneficial interest for a Definitive Note or to
transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note, then, upon satisfaction of the conditions set forth in Section 2.02(b)(2) hereof, the Trustee will cause the aggregate principal amount
of the applicable Global Note to be reduced accordingly pursuant to Section 2.02(g) hereof, and the Company will execute and, upon receipt of an Authentication Order, the Trustee will authenticate and deliver to the Person designated in the
instructions a Definitive Note in the appropriate principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.02(c) will be registered in such name or names and in such authorized
denomination or denominations as the holder of such beneficial interest requests through instructions to the Registrar from or through the Depositary and the Participant or Indirect Participant. The Trustee will deliver such Definitive Notes
to the Persons in whose names such Notes are so registered. 
 (d) Transfer and Exchange of Definitive Notes for Beneficial
Interests. 

  
 10 

 A Holder of a Definitive Note may exchange such Note for a beneficial interest in a Global
Note or transfer such Definitive Notes to a Person who takes delivery thereof in the form of a beneficial interest in a Global Note at any time. Upon receipt of a request for such an exchange or transfer, the Trustee will cancel the
applicable Definitive Note and increase or cause to be increased the aggregate principal amount of one of the Global Notes. 
 If any
such exchange or transfer from a Definitive Note to a beneficial interest is effected pursuant to the previous paragraph at a time when a Global Note has not yet been issued, the Company will issue and, upon receipt of an Authentication Order, the
Trustee will authenticate one or more Global Notes in an aggregate principal amount equal to the principal amount of Definitive Notes so transferred. 

A Holder of Definitive Notes may transfer such Notes to a Person who takes delivery thereof in the form of a Definitive Note. 

(e) Transfer and Exchange of Definitive Notes for Definitive Notes. Upon request by a Holder of Definitive Notes and such
Holder’s compliance with the provisions of this Section 2.02(e), the Registrar will register the transfer or exchange of Definitive Notes. Prior to such registration of transfer or exchange, the requesting Holder will present or
surrender to the Registrar the Definitive Notes duly endorsed or accompanied by a-written instruction of transfer in form satisfactory to the Registrar duly executed by such Holder or by his
attorney, duly authorized in writing. In addition, the requesting Holder will provide any additional certifications, documents and information, as applicable, required pursuant to the following provisions of this Section 2.02(e). 

(f) Legends. The following legends will appear on the face of all Global Notes issued under this Third Supplemental Indenture
unless specifically stated otherwise in the applicable provisions of this Third Supplemental Indenture. 
 “THIS GLOBAL NOTE IS
HELD BY THE DEPOSITARY (AS DEFINED IN THE THIRD SUPPLEMENTAL INDENTURE GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT
(I) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 2.02 OF THE THIRD SUPPLEMENTAL INDENTURE, (II) THIS GLOBAL NOTE MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.02(a) OF THE THIRD
SUPPLEMENTAL INDENTURE, (III) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.12 OF THE BASE INDENTURE AND (IV) THIS GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF
THE COMPANY. 
 UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS
A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER 

  
 11 

 
NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW YORK) (“DTC”) TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF
CEDE & CO. OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE
OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.” 

(g) Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Note have
been exchanged for Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note will be returned to or retained and canceled by the Trustee in accordance with
Section 2.12 of the Base Indenture. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in
another Global Note or for Definitive Notes, the principal amount of Notes represented by such Global Note will be reduced accordingly and an endorsement will be made on such Global Note by the Trustee or by the Depositary at the direction of the
Trustee to reflect such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global Note will be increased
accordingly and an endorsement will be made on such Global Note by the Trustee or by the Depositary at the direction of the Trustee to reflect such increase. 

(h) General Provisions Relating to Transfers and Exchanges. 

(1) To permit registrations of transfers and exchanges, the Company will execute and, upon receipt of an Authentication Order,
the Trustee will authenticate Global Notes and Definitive Notes upon the Company’s order or at the Registrar’s request. 

(2) No service charge will be made to a holder of a beneficial interest in a Global Note or to a Holder of a Definitive Note
for any registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any such transfer taxes or similar
governmental charge payable upon exchange or transfer pursuant to Section 4.02 hereof and Sections 2.11, 3.06 and 9.05 of the Base Indenture). 

(3) The Registrar will not be required to register the transfer of or exchange any Note selected for redemption in whole or in
part, except the unredeemed portion of any Note being redeemed in part. 

  
 12 

 (4) All Global Notes and Definitive Notes issued upon any registration of
transfer or exchange of Global Notes or Definitive Notes will be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Third Supplemental Indenture, as the Global Notes or Definitive Notes
surrendered upon such registration of transfer or exchange. 
 (5) The Company will not be required: 

(A) to issue, to register the transfer of or to exchange any Notes during a period of 15 days before the day of any selection
of Notes for redemption under Section 3.02 of the Base Indenture and ending at the close of business on the day of selection; 

(B) to register the transfer of or to exchange any Note so selected for redemption in whole or in part, except the unredeemed
portion of any Note being redeemed in part; or 
 (C) to register the transfer of or to exchange a Note between a record date
and the next succeeding interest payment date. 
 (6) Prior to due presentment for the registration of a transfer of any
Note, the Trustee, any Agent and the Company may deem and treat the Person in whose name any Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of and interest on such Notes and for all other
purposes, and none of the Trustee, any Agent or the Company will be affected by notice to the contrary. 
 (7) The Trustee
will authenticate Global Notes and Definitive Notes in accordance with the provisions of Section 2.03 of the Base Indenture. 

(8) All certifications, certificates and Opinions of Counsel required to be submitted to the Registrar pursuant to this
Section 2.02 to effect a registration of transfer or exchange may be submitted by facsimile. 
 (9) The Trustee shall
have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Third Supplemental Indenture or under applicable law with respect to any transfer of any interest in any Note other
than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Third Supplemental Indenture, and to examine the same to determine
substantial compliance as to form with the express requirements hereof. 
 (10) Neither the Trustee nor any Agent shall have
any responsibility for any actions taken or not taken by the Depositary. 

  
 13 

 Section 2.03 Issuance of Additional Notes. 

The Company will be entitled, upon delivery of an Officer’s Certificate and an Opinion of Counsel, to issue Additional Notes of a
series under this Third Supplemental Indenture which will have identical terms as the Initial Notes of such series issued on the date hereof, other than with respect to the date of issuance, and in some cases, issue price and the first interest
payment date. The Initial Notes of each series issued on the date hereof and any Additional Notes of such series issued will be treated as a single class for all purposes under this Third Supplemental Indenture. 

With respect to any Additional Notes, the Company will set forth in a resolution of its Board of Directors and an Officer’s Certificate,
a copy of each which will be delivered to the Trustee, the following information: 
 (a) the aggregate principal amount of such Additional
Notes to be authenticated and delivered pursuant to this Third Supplemental Indenture; and 
 (b) the issue price, the issue date and the
CUSIP number of such Additional Notes. 
 ARTICLE 3. 

REDEMPTION AND PREPAYMENT 

Section 3.01 Notice of Redemption. 

The Company will deliver to the Trustee, at least 45 days prior to the redemption date (or such shorter period as the Trustee in its sole
discretion may allow), an Officer’s Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in Section 3.03 of the Base Indenture. 

Section 3.02 Notes Redeemed in Part. 

No Notes of $2,000 or less can be redeemed in part. 

Section 3.03 Optional Redemption. 

At any time (or in the case of the 2018 Notes at any time prior to November 5, 2018 (one month prior to the maturity date of the 2018
Notes)), the Notes will be redeemable, in whole at any time or in part from time to time, at the Company’s option, at a redemption price equal to the greater of: 

(i) 100% of the aggregate principal amount of the Notes to be redeemed; or 

(ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes being redeemed
(not including any portion of any payments of interest accrued to the redemption date) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 7 basis points, in
the case of the 2016 Notes, and 10 basis points, in the case of the 2018 Notes, 

  
 14 

 plus, in each case, accrued and unpaid interest on the Notes being redeemed to the redemption
date. 
 Calculation of the foregoing shall be made by the Company or on the Company’s behalf by such Person as the Company
shall designate; provided, however, that such calculation shall not be a duty or obligation of the Trustee. 
 At any
time on or after November 5, 2018 (one month prior to the maturity date of the 2018 Notes), the 2018 Notes will be redeemable in whole at any time or in part from time to time, at the Company’s option, at a redemption price equal to 100%
of the principal amount of the 2018 Notes to be redeemed plus accrued and unpaid interest on the principal amount being redeemed to the date of redemption. 

On and after the redemption date, interest will cease to accrue on the Notes or portions thereof called for redemption as long as the Company
has deposited with the Paying Agent funds in satisfaction of the applicable redemption price. 
 Section 3.04 Mandatory
Redemption. 
 Except as set forth in Section 4.02, the Company is not required to make any mandatory redemption or sinking
fund payments with respect to the Notes. 
 ARTICLE 4. 

PARTICULAR COVENANTS 

Section 4.01 Liens. 

(a) The Company will not, and will not permit any of its Subsidiaries to, issue, incur, create, assume or guarantee any Funded Debt
secured by a mortgage, deed of trust, security interest, pledge, lien, charge or other encumbrance (collectively, a “Mortgage”) upon any Principal Property or upon any shares of stock or Indebtedness of any Subsidiary that owns any
Principal Property (whether such Principal Property, shares or Indebtedness are now existing or owed or hereafter created or acquired) without in any such case effectively providing, concurrently with the issuance, incurrence, creation, assumption
or guaranty of any such Funded Debt, or the grant of such Mortgage, that the Notes (together with, if the Company shall so determine, any other Indebtedness of or guaranty by the Company or such Subsidiary ranking equally with the Notes) shall be
secured equally and-ratably with (or, at the Company’s option, prior to) such Funded Debt; provided that any Mortgage created for the benefit of the Holders of the Notes pursuant to this
provision shall provide by its terms that such Mortgage shall be automatically and unconditionally released and discharged upon the release and discharge of the Mortgage that resulted in such provision becoming applicable. The foregoing restriction,
however, will not apply to each of the following and therefore the following Mortgages (and the Funded Debt secured thereby), will be excluded from any computation under subsection (b) of this Section 4.01 and Section 4.03(b): 

(1) Mortgages on property, shares of stock or Indebtedness or other assets of any Person existing at the time such Person
becomes a Subsidiary; 

  
 15 

 (2) Mortgages on property, shares of stock or Indebtedness or other assets
existing at the time of acquisition thereof by the Company or a Subsidiary, or Mortgages thereon to secure the payment of all or any part of the purchase price thereof or the cost of construction, installation, renovation, improvement or development
thereon or thereof, or Mortgages on property, shares of stock or Indebtedness or other assets to secure any Indebtedness incurred or guaranteed prior to, at the time of, or within 360.days after,
the latest of the acquisition thereof or, in the case of property, the completion of such construction, installation, renovation, improvement or development or the commencement of substantial commercial operation of such property for the purpose of
financing all or any part of the purchase price thereof, such construction, installation, renovation, improvement or development; 

(3) Mortgages in favor of the Company or a Subsidiary to secure Funded Debt owing to the Company or to a Subsidiary; 

(4) Mortgages existing on the date hereof; 

(5) Mortgages on property, shares of stock or Indebtedness or assets of a Person existing at the time such Person is merged
into or consolidated with the Company or a Subsidiary or at the time of a sale, lease or other disposition of properties of such Person as an entirety or substantially as an entirety to the Company or a Subsidiary; 

(6) Mortgages in favor of the United States of America or any state, territory or possession thereof (or the District of
Columbia), or any foreign government, or any department, agency, instrumentality or political subdivision of the United States of America or any state, territory or possession thereof (or the District of Columbia) or any foreign government, to
secure partial, progress, advance or other payments pursuant to any contract or statute or to secure any Indebtedness incurred or guaranteed for the purpose of financing all or any part of the purchase price or the cost of constructing or improving
the property subject to such Mortgages (including, but not limited to, Mortgages incurred in connection with pollution control or industrial revenue bonds or similar financing); 

(7) Mortgages created in connection with a project financed with, and created to secure, a Nonrecourse Obligation; or 

(8) extensions, renewals, refundings, or replacements, in whole or in part, of any Mortgage referred to in the foregoing
clauses; provided, however, that (A) the principal amount of Funded Debt secured thereby shall not exceed the principal amount of Funded Debt, plus any premium or fee payable in connection with any such extension, renewal,
refunding or replacement, so secured at the time of such extension, renewal, refunding or replacement and (B) such extension, renewal, refunding, or replacement Mortgages will be limited to all or part of the same property, shares of stock or
Indebtedness or assets and improvement or development thereon or thereof which secured the Indebtedness so secured at the time of such extension, renewal, refunding or replacement. 

  
 16 

 (b) Notwithstanding the restrictions set forth in the first sentence of the preceding
paragraph, the Company or any Subsidiary may issue, incur, create, assume or guarantee Funded Debt secured by a Mortgage which would otherwise be subject to such restrictions, without equally and ratably securing the .Notes, provided that after giving effect thereto, the aggregate amount of all Funded Debt so secured by Mortgages (not including Funded Debt secured by Mortgages permitted under clauses
(1) through (8) of the second sentence of paragraph (a) above) plus the aggregate amount of all Attributable Debt in respect of Sale and Lease-Back Transactions relating to Principal Properties (excluding any Attributable Debt
permitted to be incurred pursuant to clauses (1) through (8) of paragraph (a) of Section 4.03 hereof) does not exceed 15 percent of the Company’s Consolidated Net Tangible Assets. 

Section 4.02 Offer to Purchase Upon Change of Control Triggering Event. 

(a) Upon the occurrence of a Change of Control Triggering Event (the date of such occurrence, the “Change of Control
Date”), unless the Company has exercised its right to redeem the Notes pursuant to Section 3.03, each Holder shall have the right to require the Company to .purchase such
Holder’s Notes in whole or in part at a purchase price (the “Change of Control Purchase Price”) equal to 101% of the principal amount of such Notes, plus accrued and unpaid interest, if any, to the date of purchase (the
“Change of Control Payment Date”), pursuant to and in accordance with the offer described in this Section 4.02 (the “Change of Control Offer”). 

(b) Within 30 days following the Change of Control Date, or at the Company’s option, prior to any Change of Control but after public
announcement of the pending Change of Control, the Company shall send, by first class mail, a notice to each Holder, with a copy to the Trustee, which notice shall govern the terms of the Change of Control Offer. Such notice shall state: 

(i) that the Change of Control Offer is being made pursuant to this Section 4.02 and that all Notes validly tendered will
be accepted for payment; 
 (ii) the Change of Control Purchase Price and the Change of Control Payment Date, which shall be
a Business Day that is no earlier than 30 days nor later than 60 days from the date such notice is mailed, other than as may be required by law; 

(iii) that any Note not tendered will continue to accrue interest; 

(iv) that any Note accepted for payment pursuant to the Change of Control Offer shall cease to accrue interest after the Change
of Control Payment Date unless the Company shall default in the payment of the Change of Control Purchase Price of the Notes and the only remaining right of the Holder is to receive payment of the Change of Control Purchase Price upon surrender of
the Notes to the Paying Agent; 
 (v) that Holders electing to have a portion of a Note purchased pursuant to a Change of
Control Offer may only elect to have such Note purchased in integral multiples of $1,000; 

  
 17 

 (vi) that if a Holder elects to have a Note purchased pursuant to the Change of
Control Offer it will be required to surrender the Note, with the form entitled “Option of Holder to Elect Purchase” on the reverse of the Note completed, or transfer by book-entry transfer, to the Paying Agent at the address
specified in the-notice prior to the close of business on the third Business Day prior to the Change of Control Payment Date; 

(vii) that a Holder will be entitled to withdraw its election if the Company receives, not later than the third Business Day
preceding the Change of Control Payment Date, a telegram, telex, facsimile transmission or letter setting forth the name of such Holder, the principal amount of Notes such Holder delivered for purchase, and a statement that such Holder is
withdrawing its election to have such Note purchased; and 
 (viii) that if Notes are purchased only in part a new Note of
the same type will be issued in a principal amount equal to the unpurchased portion of the Notes surrendered. 
 (c) On or before the Change
of Control Payment Date, the Company shall, to the extent lawful, accept for payment, all Notes or portions thereof validly tendered pursuant to the Change of Control Offer, and shall deliver to the Trustee an Officer’s Certificate stating that
such Notes or portions thereof were accepted for payment by the Company in accordance with the terms of this Section 4.02. The Company, the Depositary or the Paying Agent, as the case may be, shall promptly mail or deliver to each tendering
Holder an amount equal to the purchase price of the Notes tendered by such Holder and accepted by the Company for purchase, and the Company shall promptly issue a new Note, and the Trustee, upon receipt of an Authentication Order, shall authenticate
and mail or deliver such new Note to such Holder, in a principal amount equal to any unpurchased portion of the Note surrendered. Any Note not so accepted shall be promptly mailed or delivered by the Company to the Holder thereof. 

(d) The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations
thereunder to the extent such laws and regulations are applicable in connection with the repurchase of Notes pursuant to an offer hereunder. To the extent the provisions of any securities laws or regulations conflict with the provisions under this
Section 4.02, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations under this Section 4.02 by virtue thereof. 

(e) The Company shall not be required to make a Change of Control Offer if a third party makes such an offer in the manner, at the times and
otherwise in compliance with the requirements for such an offer made by the Company and such third party purchases all Notes properly tendered and not withdrawn under its offer. 

Section 4.03 Sale and Lease-Back Transactions. 

  
 18 

 (a) The Company will not, and will not permit any of its Subsidiaries to, enter into any Sale and
Lease-Back Transaction with respect to any Principal Property. The foregoing restriction, however, will not apply to, and therefore there will be excluded from any computation under subsection (b) below and under subsection (b) of
Section 4.01, any Sale and Lease-Back Transaction (and any Attributable Debt relating thereto) if: 
 (1) the Company or
a Subsidiary is permitted to create Funded Debt secured by a Mortgage pursuant to any of clauses (1) through (8) inclusive under the second sentence of subsection (a) of Section 4.01 on the Principal Property involved in such
Sale and Lease-Back Transaction, in an amount at least equal to the Attributable Debt with respect to such Sale and Lease-Back Transaction, without equally and ratably securing the Notes; 

(2) the proceeds of such Sale and Lease-Back Transaction are at least equal to the fair market value of the affected Principal
Property (as determined in good faith by the Company’s Chief Executive Officer, President, Chief Financial Officer, Treasurer or Controller) and the Company or a Subsidiary applies an amount equal to the net proceeds of such Sale and Lease-Back
Transaction within 360 days thereof to the prepayment or retirement of debt for borrowed money of the Company or a Subsidiary (other than debt that is subordinated to the Notes or debt owed to the Company or a Subsidiary); 

(3) the Company or a Subsidiary apply an amount equal to the net proceeds of such Sale and Lease-Back Transaction within 360
days thereof to the purchase, construction, development, expansion or improvement of other property; 
 (4) such Sale and
Lease-Back Transaction involves a lease for a term, including renewals, of not more than three years; 
 (5) such Sale and
Lease-Back Transaction is between the Company and a Subsidiary, or between Subsidiaries; 
 (6) such Sale and Lease-Back
Transaction is executed at the time of, or within 12 months after the latest of the acquisition, the completion of construction or improvement, or the commencement of substantial commercial operation, of the Principal Property covered thereby; 

(7) the lease in such Sale and Lease-Back Transaction secures or relates to industrial revenue or pollution control bonds if
the Company is permitted to incur a Mortgage in connection with such industrial revenue or pollution control bonds pursuant to clause (6) of the second sentence of subsection (a) of Section 4.01; or 

(8) the lease payment in such Sale and Lease-Back Transaction is created in connection with a project financed with, and such
obligation constitutes, a Nonrecourse Obligation. 
 (b) Notwithstanding the restrictions in the first sentence of subsection (a), the
Company or any Subsidiary may enter into any Sale and Lease-Back Transaction with respect to any Principal Property which would otherwise be subject to such restrictions, provided that after giving effect thereto, the aggregate amount of all
Attributable Debt with respect to all such Sale and Lease-Back Transactions (not including any Attributable Debt permitted to be incurred pursuant to clauses (1) through (8) of subsection (a) above) plus the aggregate amount of all

  
 19 

 
secured Funded Debt incurred pursuant to subsection (a) of Section 4.01 (excluding Funded Debt secured by Mortgages permitted by clauses (1) through (8) of the second sentence
of subsection (a) thereunder) does not exceed 15 percent of the Consolidated Net Tangible Assets. 
 ARTICLE 5. 

SUCCESSORS 
 Section 5.01
Merger, Consolidation or Sale of Assets. 
 The Company shall not merge or consolidate with any other Person or Persons (whether
or not affiliated with the Company) or sell, convey, transfer, lease or otherwise dispose of all or substantially all of its property or assets to any other Person or Persons (whether or not affiliated with the Company), unless: 

(i) either: (a) the transaction is a merger or consolidation and the Company is the surviving entity; or (b) the successor Person
(or the Person which acquires by sale, conveyance, transfer or lease all or substantially all of the Company’s property or assets) is a corporation organized under the laws of the United States, any state thereof or the District of Columbia and
expressly assumes, by a supplemental indenture satisfactory to the Trustee, all of the Company’s obligations under the Notes and the Indenture; 

(ii) immediately after giving effect to the transaction and treating the Company’s obligations in connection with or as a result of such
transaction as having been incurred as of the time of such transaction, no Event of Default (and no event or condition which, after notice or lapse of time or both, would become an Event of Default) shall have occurred and be continuing under the
Indenture; and 
 (iii) an Officer’s Certificate is delivered to the Trustee to the effect that both of the conditions set forth in
clauses (i) and (ii) above have been satisfied. 
 In the event of any of the above transactions, if there is a successor Person
as described in clause (i)(b) immediately above, then the successor will expressly assume all of the Company’s obligations under the Indenture and automatically be substituted for the Company in the Indenture and as issuer of the Notes.
Further, if the transaction is in the form of a sale or conveyance, after any such transfer (except in the case of a lease), the Company will be discharged from all obligations and covenants under the Indenture and all Notes issued thereunder. 

  
 20 

 ARTICLE 6. 

DEFAULTS AND REMEDIES 

Section 6.01 Events of Default. 

The Notes shall not have the benefit of the Events of Default set forth in the Base Indenture. Instead, each of the following is an
“Event of Default” with respect to each series of the Notes: 
 (a) the failure to pay interest on any Notes of such
series when the same becomes due and payable and the default continues for a period of 90 days; 
 (b) failure in the payment when due of
principal of or premium, if any, on the Notes of such series; 
 (c) default in the performance or breach of any covenant or warranty of the
Company relating to the Notes of such series, which default continues uncured for a period of 90 days after receipt by the Company of written notice given by the Trustee or Holders of such Notes after the Company and the Trustee receive written
notice from the Holders of not less than a majority in aggregate principal amount of the Notes of such series outstanding; or 
 (d) the
Company or any Material Subsidiary: 
 (i) commences a voluntary case in bankruptcy, 

(ii) consents to the entry of an order for relief against it in an involuntary bankruptcy case, 

(iii) consents to the appointment of a custodian of it or for all or substantially all of its property, 

(iv) makes a general assignment for the benefit of its creditors, or 

(v) generally is unable to pay its debts as they become due; or 

(e) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(i) is for relief against the Company or any Material Subsidiary; 

(ii) appoints a custodian of the Company or any Material Subsidiary for all or substantially all of the property of the Company
or of such Material Subsidiary, as applicable; or 
 (iii) orders the liquidation of the Company or any Material Subsidiary;

 and the order or decree remains unstayed and in effect for 90 consecutive days. 

ARTICLE 7. 
 MISCELLANEOUS

 Section 7.01 Trust Indenture Act Controls. 

If any provision of this Third Supplemental Indenture limits, qualifies or conflicts with the duties imposed by TIA Section 318(c), the
imposed duties will control. 

  
 21 

 Section 7.02 Governing Law. 

THE INTERNAL LAWS OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THIS THIRD SUPPLEMENTAL INDENTURE AND THE NOTES WITHOUT GIVING
EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

Section 7.03 Successors. 

All agreements of the Company in this Third Supplemental Indenture and the Notes will bind its successors. All agreements of the Trustee in
this Third Supplemental Indenture will bind its successors. 
 Section 7.04 Severability. 

In case any provision in this Third Supplemental Indenture or in the Notes will be invalid, illegal or unenforceable, the validity, legality
and enforceability of the remaining provisions will not in any way be affected or impaired thereby. 
 Section 7.05
Counterpart Originals. 
 The parties may sign any number of copies of this Third Supplemental Indenture. Each signed copy will
be an original, but all of them together represent the same agreement. 
 Section 7.06 Table of Contents, Headings,
Etc. 
 The Table of Contents and Headings of the Articles and Sections of this Third Supplemental Indenture have been inserted
for convenience of reference only, are not to be considered a part of this Third Supplemental Indenture and will in no way modify or restrict any of the terms or provisions hereof. 

[Signatures on following page] 

  
 22 

 Dated: December 5, 2013 

 

			
	STARBUCKS CORPORATION
		
	By:	 	 /s/ Richard Lautch

	Name: Richard Lautch
	Title:   vp, treasurer

 Signature Page to Supplemental Indenture 

 Dated: December 5, 2013 

 

			
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Trustee
	
	By: Deutsche Bank National Trust Company
		
	By:	 	 /s/ Irina Golovashchuk

	Name: Irina Golovashchuk
	Title:   Vice President
		
	By:	 	 /s/ Jeffrey Schoenfeld

	Name: Jeffrey Schoenfeld
	Title:   Assistant Vice President

 Signature Page to Supplemental Indenture 

 EXHIBIT A 

(Face of Note) 
 [Insert the Global
Note Legend, if applicable, pursuant to the provisions of the Third Supplemental Indenture] 
 CUSIP: 855244 AE9 

0.875% Senior Notes due 2016 
  

					
	No.             	 		 	$            

 STARBUCKS CORPORATION 

promises to pay to CEDE & CO. or registered assigns, the principal sum of
             Dollars on December 5, 2016 
 Interest Payment Dates: June 5 and
December 5 
 Record Dates: May 20 and November 20 

Dated: December 5, 2013 

  
 A-1 

 
			
	 STARBUCKS CORPORATION

		
	 By:
	 	  

		 	 Name:

		 	 Title:

 Date: December 5, 2013 

  
 A-2 

 This is one of the Global 

Notes referred to in the 
 within-mentioned Third Supplemental
Indenture: 
 Dated: December 5, 2013 
 DEUTSCHE BANK
TRUST COMPANY AMERICAS, as Trustee 
  

			
	By: Deutsche Bank National Trust Company
		
	By:	 	  

		 	Name:
		 	Title:

  
 A-3 

 (Reverse of Note) 

0.875% Senior Notes due 2016 

Capitalized terms used herein have the meanings assigned to them in the Indenture referred to below unless otherwise indicated. 

1. INTEREST. Starbucks Corporation, a Washington corporation (the
“Company”), promises to pay interest on the principal amount of this Note at 0.875% per annum from the date hereof until maturity. The Company will pay interest semiannually on June 5 and December 5 of each
year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the 2016 Notes will accrue from the most recent date to which interest has been paid or, if no
interest has been paid, from the date of issuance; provided that if there is no existing Default in the payment of interest, and if this Note is authenticated between a record date referred to on the face hereof
and the next succeeding Interest Payment Date, interest will accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date will
be June 5, 2014. The Company will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at the rate equal to the then applicable interest rate on the 2016 Notes to the extent lawful; it
will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest at the same rate to the extent lawful. Interest will be computed on the basis of a 360-day year of twelve 30-day
months. 
 2. METHOD OF PAYMENT. The Company will pay interest on the 2016 Notes (except defaulted interest) to
the Persons who are registered Holders of 2016 Notes at the close of business on the May 20 or November 20 preceding the Interest Payment Date, even if such 2016 Notes are canceled after such record date and on or before such Interest
Payment Date, except as provided in Section 2.13 of the Base Indenture with respect to defaulted interest. Principal, premium, if any, and interest on the 2016 Notes will be payable at the office or agency of the Paying Agent and
Registrar within the Borough of Manhattan in the City of New York or, at the option of the Company, payment of interest may be made by check mailed to the Holders of the 2016 Notes at their respective addresses set forth in the register of Holders
of 2016 Notes; provided that all payments of principal, premium and interest with respect to 2016 Notes the Holders of which have given wire transfer instructions to the Trustee will be required to be made by wire transfer of immediately
available funds to the accounts specified by the Holders thereof. Such payment will be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. 

3. PAYING AGENT AND REGISTRAR. Initially, Deutsche Bank Trust Company Americas, the Trustee under the Indenture, will act as
Paying Agent and Registrar. The Company may change any Paying Agent or Registrar without notice to any Holder. The Company or any of its Subsidiaries may act in any such capacity. 

4. INDENTURE. This Note is one of a duly authenticated series of securities of the Company
issued and to be issued in one or more series under an indenture (the “Base Indenture”), dated as of August 23, 2007 between the Company and the Trustee, as amended by the Third Supplemental Indenture (the
“Third Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), dated as of December 5, 2013, between the Company and the

  
 A-4 

 
Trustee. The terms of the 2016 Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (15 U.S. Code
Sections.77aaa-77bbbb). The 2016 Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this
Note conflicts with the express provisions of the Base Indenture, the provisions of the Note will govern and be controlling, and to the extent any provision of the Note conflicts with the Third Supplemental Indenture, the provisions of the Third
Supplemental Indenture will govern and be controlling, and to the extent any provision of the Base Indenture conflicts with the express provisions of the Third Supplemental Indenture, the provisions of the Third Supplemental Indenture will govern
and be controlling. The Company will be entitled to issue Additional Notes pursuant to Section 2.03 of the Third Supplemental Indenture. 

5. OPTIONAL REDEMPTION. 

At any time, the 2016 Notes will be redeemable, in whole at any time or in part from time to time, at the Company’s option, at a
redemption price equal to the greater of: 
 (i) 100% of the aggregate principal amount of the 2016 Notes to be redeemed; or

 (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the 2016 Notes being
redeemed (not including any portion of any payments of interest accrued to the redemption date) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 7 basis
points, 
 plus, in each case, accrued and unpaid interest on the 2016 Notes being redeemed to the redemption date. 

Calculation of the foregoing shall be made by the Company or on the Company’s behalf by such Person as the Company shall
designate; provided, however, that such calculation shall not be a duty or obligation of the Trustee. 
 On and after
the redemption date, interest will cease to accrue on the 2016 Notes or portions thereof called for redemption as long as the Company has deposited with the Paying Agent funds in satisfaction of the applicable redemption price. 

6. MANDATORY REDEMPTION. Except as set forth in paragraph 7, the Company shall not be required to make mandatory redemption
payments with respect to the 2016 Notes. 
 7. REPURCHASE AT OPTION OF HOLDER. 

Upon the occurrence of a Change of Control Triggering Event, the Company will be required to offer to purchase all of the outstanding 2016
Notes at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of purchase. 

8. NOTICE OF REDEMPTION. Notice of redemption will be mailed at least 30 days but not more than 60 days before the redemption
date to each Holder whose 2016 Notes are to be redeemed at its registered address. No 2016 Notes of a principal amount of $2,000 or less shall be redeemed in part. 

  
 A-5 

 9. DENOMINATIONS, TRANSFER, EXCHANGE. The 2016 Notes are in registered form without
coupons in denominations of $2,000 and integral multiples of $1,000. The 2016 Notes may be transferred or exchanged as provided in the Third Supplemental Indenture. The Registrar and the Trustee may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and the Company may require a Holder to pay any taxes and fees required by law or permitted by the Third Supplemental Indenture. The Company need not exchange or transfer any
Note or portion of a Note selected for redemption, except for the unredeemed portion of any Note being redeemed in part. Also, the Company need not exchange or register the transfer of any 2016 Notes for a period of 15 days before a selection
of 2016 Notes to be redeemed or during the period between a record date and the corresponding Interest Payment Date. 
 10.
PERSONS DEEMED OWNERS. The registered Holder of a Note may be treated as its owner for all purposes. 
 11. AMENDMENT, SUPPLEMENT AND
WAIVER. The Base Indenture may be amended as provided therein. Subject to certain exceptions, the Third Supplemental Indenture or the 2016 Notes may be amended or supplemented with the consent of the Holders of at least a majority in
principal amount of the 2016 Notes then outstanding, including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, 2016 Notes, voting as a single class, and compliance with any provision of
the Indenture or the 2016 Notes may be waived with the consent of the Holders of a majority in principal amount of the then outstanding 2016 Notes, including, without limitation, consents obtained in connection with a purchase of, or tender offer or
exchange offer for, 2016 Notes, voting as a single class. Without the consent of any Holder of a Note, the Third Supplemental Indenture or the 2016 Notes may be amended or supplemented (i) to cure any ambiguity, defect or inconsistency;
(ii) to provide for uncertificated Notes in addition to or in place of certificated Notes; (iii) to provide for the assumption of the Company’s obligations to Holders of the 2016 Notes in case of a merger or consolidation or sale of
all or substantially all of the Company’s assets; (iv) to make any change that would provide any additional rights or benefits to the Holders of the 2016 Notes or that does not adversely affect the legal rights under the Third Supplemental
Indenture of any such Holder; (v) to comply with the requirements of the SEC in order to effect or maintain the qualification of the Indenture under the Trust Indenture Act; (vi) to provide for the issuance of Additional Notes in
accordance with the Third Supplemental Indenture; or (vii).to evidence and provide for the acceptance of appointment by a successor: trustee
with respect to the Notes. 
 12. DEFAULTS AND REMEDIES. An “EVENT OF DEFAULT” occurs if: (i) default
for a period of 90 days in the payment when due of interest on the 2016 Notes; (ii) default in the payment when due of principal of or premium, if any, on the 2016 Notes; (iii) the Company fails for 90 days after receipt of notice to the
Company to comply with any covenant or warranty of the Company in the Indenture; or (iv) certain events of bankruptcy or insolvency occur with respect to the Company or any Material Subsidiary. 

  
 A-6 

 If any Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in
principal amount of the then outstanding 2016 Notes may declare all the 2016 Notes to be due and payable. Notwithstanding the foregoing, in the case of an Event of Default arising from certain events of bankruptcy or insolvency with respect to the
Company or any Material Subsidiary, all outstanding 2016 Notes will become due and payable without further action or notice. Holders may not enforce the Indenture or the 2016 Notes except as provided in the Indenture. Subject to certain limitations,
Holders of a majority in principal amount of the then outstanding 2016 Notes may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of the 2016 Notes notice of any continuing Default or Event of Default
if it determines that withholding notice is in their interest, except a Default or Event of Default relating to the payment of principal, premium or interest. The Holders of a majority in aggregate principal amount of the 2016 Notes then outstanding
by notice to the Trustee may on behalf of the Holders of all of the 2016 Notes waive any existing Default or Event of Default and its consequences under the Indenture except a continuing Default or Event of Default in the payment of interest on, or
the principal of, the 2016 Notes. The Company is required to deliver to the Trustee annually a statement regarding compliance with the Indenture, and the Company is required no later than five days after becoming aware of any Default or Event of
Default to deliver to the Trustee a statement specifying such Default or Event of Default. 
 13. TRUSTEE DEALINGS WITH COMPANY.
The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee.

 14. NO RECOURSE AGAINST OTHERS. A director, officer, employee, incorporator or stockholder, of the Company, as such,
will not have any liability for any obligations of the Company under the 2016 Notes or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of 2016 Notes by accepting a Note
waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the 2016 Notes. 

15. AUTHENTICATION. This Note will not be valid until authenticated by the manual signature of the Trustee or an authenticating
agent. 
 16. ABBREVIATIONS. Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN
COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

  
 A-7 

 17. CUSIP NUMBERS. Pursuant to a recommendation promulgated by the Committee on
Uniform Security Identification Procedures, the Company has caused CUSIP numbers to be printed on the 2016 Notes and the Trustee may use CUSIP numbers in notices of redemption as a convenience to Holders. No representation is made as to the
accuracy of such numbers either as printed on the 2016 Notes or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon. The Company will furnish to any Holder upon written
request and without charge a copy of the Base Indenture and the Third Supplemental Indenture. Requests may be made to: 

Starbucks Corporation 
 2401 Utah
Avenue South 
 Seattle, Washington 98134 

Facsimile No.: (206) 318-1045 

Attention: General Counsel 

  
 A-8 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
  

			
	(I) or (we) assign and transfer this Note to:	  	  

		  	                    (Insert assignee’s legal name)
	
	  

	(Insert assignee’s soc. sec. or tax I.D. no.)
	
	  

	  

	  

	  

	
	(Print or type assignee’s name, address and zip code)

  

			
	and irrevocably appoint	 	  

	 to transfer this Note on the books of the Company: The agent may substitute another to act for
him.

  

			
	Date:	 	  

 

			
	Your Signature:	 	  

		 	 (sign exactly as your name appears on the face of this senior note)

		
	Tax Identification No.:	 	  

		
	Signature Guarantee:	 	  

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of
the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in
addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 

  
 A-9 

 Option of Holder to Elect Purchase 

If you want to elect to have this Note purchased by the Company pursuant to Section 4.02 of the Third Supplemental Indenture, check the
box below: 
 Section 4.02 

If you want to elect to have only part of the Note purchased by the Company pursuant to Section 4.02 of the Third Supplemental Indenture,
state the amount you elect to have purchased: $             
  

			
	Date:	 	  

  

			
	 Your Signature:
	 	  

		 	 (sign exactly as your name appears on the face of this senior note)

		
	 Tax Identification No.:
	 	  

		
	 Signature Guarantee:
	 	  

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of
the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other
“signature guarantee program” as may be determined by the Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 

  
 A-10 

 EXHIBIT B 

(Face of Note) 
 [Insert the Global
Note Legend, if applicable, pursuant to the provisions of the Third Supplemental Indenture] 
 CUSIP: 855244 AF6 

2.000% Senior Notes due 2018 
  

			
	No.             	  	$            

 STARBUCKS CORPORATION 

promises to pay to CEDE & CO. or registered assigns, the principal sum of
             Dollars on December 5, 2018 
 Interest Payment Dates: June 5 and
December 5 
 Record Dates: May 20 and November 20 

Dated: December 5, 2013 

  
 B-1 

 
			
	STARBUCKS CORPORATION
		
	By:	 	  

		 	Name:
		 	Title:

 Date: December 5, 2013 

  
 B-2 

 This is one of the Global 

Notes referred to in the 
 within-mentioned Third Supplemental
Indenture: 
 Dated: December 5, 2013 
 DEUTSCHE BANK
TRUST COMPANY AMERICAS, as Trustee 
  

			
	By: Deutsche Bank National Trust Company
		
	By:	 	  

		 	Name:
		 	Title:

  
 B-3 

 (Reverse of Note)

2.000% Senior Notes due 2018 

Capitalized terms used herein have the meanings assigned to them in the Indenture referred to below unless otherwise indicated. 

1. INTEREST. Starbucks Corporation, a Washington corporation (the
“Company”), promises to pay interest on the principal amount of this Note at 2.000% per annum from the date hereof until maturity. The Company will pay interest semiannually on June 5 and December 5 of each
year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the 2018 Notes will accrue from the most recent date to which interest has been paid or, if no
interest has been paid, from the date of issuance; provided that if there is no existing Default in the payment of interest, and if this Note is authenticated between a record date referred to on the face hereof
and the next succeeding Interest Payment Date, interest will accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date will
be June 5, 2014. The Company will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at the rate equal to the then applicable interest rate on the 2018 Notes to the extent lawful; it
will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest at the same rate to the extent lawful. Interest will be computed on the basis of a 360-day year of twelve 30-day
months. 
 2. METHOD OF PAYMENT. The Company will pay interest on the 2018 Notes (except defaulted interest) to
the Persons who are registered Holders of 2018 Notes at the close of business on the May 20 or November 20 preceding the Interest Payment Date, even if such 2018 Notes are canceled after such record date and on or before such Interest
Payment Date, except as provided in Section 2.13 of the Base Indenture with respect to defaulted interest. Principal, premium, if any, and interest on the 2018 Notes will be payable at the office or agency of the Paying Agent and
Registrar within the Borough of Manhattan in the City of New York or, at the option of the Company, payment of interest may be made by check mailed to the Holders of the 2018 Notes at their respective addresses set forth in the register of Holders
of 2018 Notes; provided that all payments of principal, premium and interest with respect to 2018 Notes the Holders of which have given wire transfer instructions to the Trustee will be required to be made by wire transfer of immediately
available funds to the accounts specified by the Holders thereof. Such payment will be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. 

3. PAYING AGENT AND REGISTRAR. Initially, Deutsche Bank Trust Company Americas, the Trustee under the Indenture, will act as
Paying Agent and Registrar. The Company may change any Paying Agent or Registrar without notice to any Holder. The Company or any of its Subsidiaries may act in any such capacity. 

4. INDENTURE. This Note is one of a duly authenticated series of securities of the Company
issued and to be issued in one or more series under an indenture (the “Base Indenture”), dated as of August 23, 2007 between the Company and the Trustee, as amended by the Third Supplemental Indenture (the
“Third Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), dated as of December 5, 2013, between the Company and the

  
 B-4 

 
Trustee. The terms of the 2018 Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (15 U.S. Code
Sections.77aaa-77bbbb). The 2018 Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this
Note conflicts with the express provisions of the Base Indenture, the provisions of the Note will govern and be controlling, and to the extent any provision of the Note conflicts with the Third Supplemental Indenture, the provisions of the Third
Supplemental Indenture will govern and be controlling, and to the extent any provision of the Base Indenture conflicts with the express provisions of the Third Supplemental Indenture, the provisions of the Third Supplemental Indenture will govern
and be controlling. The Company will be entitled to issue Additional Notes pursuant to Section 2.03 of the Third Supplemental Indenture. 

5. OPTIONAL REDEMPTION. 

At any time prior to November 5, 2018 (one month prior to the maturity date of the 2018 Notes), the 2018 Notes will be redeemable, in
whole at any time or in part from time to time, at the Company’s option, at a redemption price equal to the greater of: 

(i) 100% of the aggregate principal amount of the 2018 Notes to be redeemed; or 

(ii) the sum of the present values of the remaining scheduled payments of principal and interest on the 2018 Notes being
redeemed (not including any portion of any payments of interest accrued to the redemption date) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 10 basis
points, 
 plus, in each case, accrued and unpaid interest on the 2018 Notes being redeemed to the redemption date. 

Calculation of the foregoing shall be made by the Company or on the Company’s behalf by such Person as the Company shall
designate; provided, however, that such calculation shall not be a duty or obligation of the Trustee. 
 At any time on
or after November 5, 2018 (one month prior to the maturity date of the 2018 Notes), the 2018 Notes will be redeemable in whole at any time or in part from time to time, at the Company’s option, at a redemption price equal to 100% of the
principal amount of the 2018 Notes to be redeemed plus accrued and unpaid interest on the principal amount being redeemed to the date of redemption. 

On and after the redemption date, interest will cease to accrue on the 2018 Notes or portions thereof called for redemption as long as the
Company has deposited with the Paying Agent funds in satisfaction of the applicable redemption price. 
 6. MANDATORY REDEMPTION.
Except as set forth in paragraph 7, the Company shall not be required to make mandatory redemption payments with respect to the 2018 Notes. 

  
 B-5 

 7. REPURCHASE AT OPTION OF HOLDER. 

Upon the occurrence of a Change of Control Triggering Event, the Company will be required to offer to purchase all of the outstanding 2018
Notes at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of purchase. 

8. NOTICE OF REDEMPTION. Notice of redemption will be mailed at least 30 days but not more than 60 days before the redemption
date to each Holder whose 2018 Notes are to be redeemed at its registered address. No 2018 Notes of a principal amount of $2,000 or less shall be redeemed in part. 

9. DENOMINATIONS, TRANSFER, EXCHANGE. The 2018 Notes are in registered form without coupons in denominations of $2,000 and
integral multiples of $1,000. The 2018 Notes may be transferred or exchanged as provided in the Third Supplemental Indenture. The Registrar and the Trustee may require a Holder, among other things, to furnish appropriate endorsements
and transfer documents and the Company may require a Holder to pay any taxes and fees required by law or permitted by the Third Supplemental Indenture. The Company need not exchange or transfer any Note or portion of a Note selected for
redemption, except for the unredeemed portion of any Note being redeemed in part. Also, the Company need not exchange or register the transfer of any 2018 Notes for a period of 15 days before a selection of 2018 Notes to be redeemed or during
the period between a record date and the corresponding Interest Payment Date. 
 10. PERSONS DEEMED OWNERS. The registered
Holder of a Note may be treated as its owner for all purposes. 
 11. AMENDMENT, SUPPLEMENT AND WAIVER. The Base Indenture may be
amended as provided therein. Subject to certain exceptions, the Third Supplemental Indenture or the 2018 Notes may be amended or supplemented with the consent of the Holders of at least a majority in principal amount of the 2018 Notes then
outstanding, including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, 2018 Notes, voting as a single class, and compliance with any provision of the Indenture or the 2018 Notes may be
waived with the consent of the Holders of a majority in principal amount of the then outstanding 2018 Notes, including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, 2018 Notes, voting
as a single class. Without the consent of any Holder of a Note, the Third Supplemental Indenture or the 2018 Notes may be amended or supplemented (i) to cure any ambiguity, defect or inconsistency; (ii) to provide for uncertificated Notes
in addition to or in place of certificated Notes; (iii) to provide for the assumption of the Company’s obligations to Holders of the 2018 Notes in case of a merger or consolidation or sale of all or substantially all of the Company’s
assets; (iv) to make any change that would provide any additional rights or benefits to the Holders of the 2018 Notes or that does not adversely affect the legal rights under the Third Supplemental Indenture of any such Holder; (v) to
comply with the requirements of the SEC in order to effect or maintain the qualification of the Indenture under the Trust Indenture Act; (vi) to provide for the issuance of Additional Notes in accordance with the Third Supplemental Indenture;
or (vii).to evidence and provide for the acceptance of appointment by a successor: trustee with respect to the Notes. 

  
 B-6 

 12. DEFAULTS AND REMEDIES. An “EVENT OF DEFAULT” occurs if:
(i) default for a period of 90 days in the payment when due of interest on the 2018 Notes; (ii) default in the payment when due of principal of or premium, if any, on the 2018 Notes; (iii) the Company fails for 90 days after receipt
of notice to the Company to comply with any covenant or warranty of the Company in the Indenture; or (iv) certain events of bankruptcy or insolvency occur with respect to the Company or any Material Subsidiary. 

If any Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the then outstanding 2018
Notes may declare all the 2018 Notes to be due and payable. Notwithstanding the foregoing, in the case of an Event of Default arising from certain events of bankruptcy or insolvency with respect to the Company or any Material Subsidiary, all
outstanding 2018 Notes will become due and payable without further action or notice. Holders may not enforce the Indenture or the 2018 Notes except as provided in the Indenture. Subject to certain limitations, Holders of a majority in principal
amount of the then outstanding 2018 Notes may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of the 2018 Notes notice of any continuing Default or Event of Default if it determines that withholding
notice is in their interest, except a Default or Event of Default relating to the payment of principal, premium or interest. The Holders of a majority in aggregate principal amount of the 2018 Notes then outstanding by notice to the Trustee may on
behalf of the Holders of all of the 2018 Notes waive any existing Default or Event of Default and its consequences under the Indenture except a continuing Default or Event of Default in the payment of interest on, or the principal of, the 2018
Notes. The Company is required to deliver to the Trustee annually a statement regarding compliance with the Indenture, and the Company is required no later than five days after becoming aware of any Default or Event of Default to deliver to the
Trustee a statement specifying such Default or Event of Default. 
 13. TRUSTEE DEALINGS WITH COMPANY. The Trustee, in its
individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. 

14. NO RECOURSE AGAINST OTHERS. A director, officer, employee, incorporator or stockholder, of the Company, as such, will not
have any liability for any obligations of the Company under the 2018 Notes or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of 2018 Notes by accepting a Note waives
and releases all such liability. The waiver and release are part of the consideration for the issuance of the 2018 Notes. 

15. AUTHENTICATION. This Note will not be valid until authenticated by the manual signature of the Trustee or an authenticating
agent. 
 16. ABBREVIATIONS. Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (=
tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

  
 B-7 

 17. CUSIP NUMBERS. Pursuant to a recommendation promulgated by the Committee on
Uniform Security Identification Procedures, the Company has caused CUSIP numbers to be printed on the 2018 Notes and the Trustee may use CUSIP numbers in notices of redemption as a convenience to Holders. No representation is made as to the
accuracy of such numbers either as printed on the 2018 Notes or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon. The Company will furnish to any Holder upon written
request and without charge a copy of the Base Indenture and the Third Supplemental Indenture. Requests may be made to: 

Starbucks Corporation 
 2401 Utah
Avenue South 
 Seattle, Washington 98134 

Facsimile No.: (206) 318-1045 

Attention: General Counsel 

  
 B-8 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
  

			
	(I) or (we) assign and transfer this Note to:	 	  

		 	                    (Insert assignee’s legal name)

 

	
	  

	(Insert assignee’s soc. sec. or tax I.D. no.)
	  

	  

	  

	  

	(Print or type assignee’s name, address and zip code)

  

			
	and irrevocably appoint	 	  

	 to transfer this Note on the books of the Company: The agent may substitute another to act for
him.

  

			
	Date:	 	  

 

			
	Your Signature:	 	  

		 	 (sign exactly as your name appears on the face of this senior note)

		
	Tax Identification No.:	 	  

		
	Signature Guarantee:	 	  

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of
the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in
addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 

  
 B-9 

 Option of Holder to Elect Purchase 

If you want to elect to have this Note purchased by the Company pursuant to Section 4.02 of the Third Supplemental Indenture, check the
box below: 
 Section 4.02 

If you want to elect to have only part of the Note purchased by the Company pursuant to Section 4.02 of the Third Supplemental Indenture,
state the amount you elect to have purchased: $ 
  

									
	Date:	 	  
	 		 		 	  

		 		 		 	Your Signature:	 	  

		 		 		 		 	             (sign exactly as your name appears

            on the face of this senior note)

		 		 		 	Tax Identification No.:	 	  

					
		 		 		 	Signature Guarantee:	 	  

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature
guarantee program” as may be determined by the Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 

  
 B-10

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